The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
Premium Economic development Purchasing power parity Economics
The Pre-Revolutionary and the Soviet Periods in Russia Just like any other countries‚ the people in Russia were not exempted from injustices during the pre-revolutionary period. The revolutionary Russia faced various economic problems due to the many unfavorable political conditions it faced. Majority of the people were poor and some of them did not even own lands (Go Social Studies Go). Aside from that‚ working conditions were unfavorable for the workers‚ and Russia’s corrupt bureaucratic system
Premium Russia Soviet Union Vladimir Lenin
policies which government can promote to achieve economic growth or increase real GDP. Practically to increase the economic growth‚ it involve in either aggregate demand or aggregate supply. Demand side policies will comes into place and act as an important role during a recession or market stagnant. It is aim to increase aggregate demand and if there is an excess space‚ it can engage a role in increasing the rate of economic growth. When settling long run growth in productivity‚ supply side policies will
Premium Macroeconomics Economics Monetary policy
The Cold War and U. S. Diplomacy: The Truman Doctrine Ardell Simmons Professor Muhammad Sohna Politics 300 Friday‚ December 2‚ 2011 The Truman Doctrine: Contain the Expansion of Communism‚ Presumably Everywhere Summarize a situation that required U.S. diplomatic efforts during the president’s time in office. According to Woolsey (2008)‚ “WWII had bled the British Forces to the bone. The Battle of Britain‚ and the huge casualties suffered in Africa and the Continent had made it impossible
Premium Cold War President of the United States George W. Bush
Possibly one of the most asked questions in military history is how was the German Army able to decisively defeat a numerically equivalent Allied Army in France during May and June 1940? One of the primary reasons for Germany’s success was their innovation in armored warfare‚ particularly at the tactical and operational levels during the interwar period. The study of the German Army during a period of prolonged peace and constrained resources reveals that one of the most important qualities that
Premium Military Tank War
com/index.php?ref=MjBfMTJfMzBfMTJfMV8yN18xNTQ4NDg= Media and economic development Published : Sunday‚ 30 December 2012 M S Siddiqui Bangladesh is a country aspiring to be a member of the middle-income group of states. It has been recognised by some quarters as an ’emerging tiger’ with too many challenges at hand. Bangladesh is the seventh largest country in the world in terms of population. Despite its good performance as recorded by many growth indexes‚ it has been lagging behind in building necessary
Premium Bangladesh Newspaper Economic development
The development of urban transportation has not changed with the cities; cities have changed with transportation. In the early years of transportation it was the mass transit of horse and buggies or electric rail cars that shaped cities. Then as the automobile became affordable to the public‚ personal transportation redefined the city as it was known. It is the automobile and the movement to the suburbs that has public transportation struggling to make money today.<br><br>The very first transportation
Premium Rapid transit Public transport Rail transport
sugar economy and the system of African slavery borne in Jamaica from 1770 to 1782. Specifically‚ I will be studying the brutal conditions that were endured by slaves during the island’s peak of economic prosperity and how this prompted the birth of racism. By analysing primary and secondary sources‚ I will also be accentuating that the continued exploitation of slaves ignited the abolition proposal of the slave trade in Britain during 1782 and ultimately unveil that the planters’ abiding affluence
Premium Slavery Slavery in the United States Atlantic slave trade
Budget Deficits and Economic Growth Joey Willoughby ECO 203 Principles of Macroeconomics Instructor: Nathan Rondeau 6/27/2011 Budget Deficits and Economic Growth Economists generally agree that high budget deficits today will result in the reduction of the growth rate of the economy in the future. The United States budgetary situation has disintegrated significantly since 2001‚ when the CBO ( Congressional Budget Office
Premium United States public debt Deficit Public finance
During the 1600’s many ideas and values affected the political‚ economic‚ and social development of the New England colonies (specifically from 1630 through the 1660’s) . The puritains had a close kinship‚ for example “working as one man”‚ and entertaining eachother in brotherly affection. The Puritans were a significant grouping of English Protestants in the 16th and 17th centuries. Puritanism in this sense was founded by some Marian exiles from the clergy shortly after the accession of Elizabeth
Premium Puritan English Reformation United States