What goods and services are produced in Canada?
The service industry is dominant in Canada employing three-quarters of the population. Other important industries include transport, timber, paper product...
Category: Updates
What do you mean by special economic zone?
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a countr...
What happens decrease GDP?
Plus, if the rate of GDP growth falls below the rate of labour force growth, there won’t be enough new jobs created to accommodate all new job seekers. Pu...
How can strike affect the economy?
Labour issues Prolonged strikes hurt both the employer and employees and also have a negative impact on the country’s economy. They hurt both employers an...
Is Indian economy in deflation?
New Delhi: The Indian economy is likely to face inflationary pressures in the near term, as factors like supply chain disruption and lack of low-wage work...
What did Latinos contribute to the US?
With earnings of more than $1 trillion each year and tax contributions of more than $252 billion, Hispanics not only add significant value to the U.S. eco...
What is the role of HRM in globalization?
The role of Human Resources is mainly in driving the common corporate culture all around the World. Human Resources is the department which leads the deve...
What is globalization and its impact on Indian economy?
Globalization (or globalization) describes a process by which regional economies, societies, and cultures have become integrated through a global network ...
What are the three main goals of gear?
GEAR is essentially an economic reform programme directed towards a competitive and fast growing economy, that would create sufficient jobs for all jobsee...
Which type of market structure is dominated by a few large firms?
Oligopoly Oligopoly describes a market dominated by a few large, profitable firms. Collusion is an agreement among members of an oligopoly to set prices a...
