What is a global crisis?
Events such as war, economic decline, pandemic, extreme natural events that affect all countries in economic, social, cultural, political, and many other ...
Which mineral is mostly found in India?
India’s major mineral resources include Coal (4th largest reserves in the world), Iron ore, Manganese ore (7th largest reserve in the world as in 2013), M...
What did the AAA do for farmers?
The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The...
What is the flow of the economy?
The circular flow of economic activity is a model showing the basic economic relationships within a market economy. In the circular flow of the economy, m...
What happens during a recession?
What is a recession? A common definition is two consecutive quarters of decline in GDP, but this isn’t necessary for the economy to be in a recession. A r...
Who is the founder of nabard?
Govinda Rajulu Chintala A major contributor to this article appears to have a close connection with its subject. Taking Rural India >> Forward Prede...
How was the economy affected by the Great Depression?
The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing p...
How does technological innovation affect British unemployment?
Technological change doesn’t have to increase overall unemployment, even though some types of workers may temporarily lose their jobs. For example, in 180...
What are the three types of foreign exchange?
Kinds of Foreign Exchange Market Spot Markets. Forward Markets. Future Markets. Option Markets. Swaps Markets. What are the functions and nature of foreig...
How did the Marshall Plan affect the Cold War?
Implementation of the Marshall Plan has been cited as the beginning of the Cold War between the United States and its European allies and the Soviet Union...
