Stock market: Barometer of indian economy Many assume that the stock market represents the state of the economy. That is the primary reason for this distorted obsession about the market. There are several factually incorrect assumptions about the role of the market‚ says R. Vaidyanathan. | IT is that time of the year when many suggestions are offered to the Finance Minister to modify the Budget to boost the stock market and‚ through that‚ the economy. This year the market is already in an upswing
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1 1 MODULE 1 INTRODUCTION INDIAN ECONOMY IN THE PRE-BRITISH PERIOD UNIT STRUCTURE 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Objectives Introduction Village communities Towns during pre-British period Handicraft Industries Summary Questions 1.0 OBJECTIVES 1. 2. To understand the structure and organization of villages and towns -during pre-British period. To study the various industries and Handicrafts during PreBritish Period. 1.1 INTRODUCTION In the preceding discussion‚ we are going to understand
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the nearest fish stall. I can’t cope with this whatever convinced me to go to the Market on a mid Saturday afternoon. I have to get out of here or I might just possibly explode in a rage of anger A market place is a very busy place where people go to buy articles of their needs. It is a centre of attraction for both buyers and sellers. There is no other place in the area having so much brisk business as the market. I always find a big crowd there. There are several shops‚ all decorated beautifully
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Hanna Jurkowska Question 1 Economic inefficiency in the market arises when manufacturers do not supply the required type or quantity of a goods and services on the market which are demanded by consumers and that will lead to Market Failure. We can identify 3 causes of market failure: 1. Restricted Competition – The UK Government investigates and if necessary stops monopolies and mergers‚ cartels and restrictive trade practice‚ because good competition between companies (producers) leads to
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The Black Market also known as the underground market is the part of economic activity involving illegal dealings. Typically the buying and selling of merchandise or services illegally. Goods such as weapons and illegal drugs are inherently illegal‚ merchandise may also be stolen or may be otherwise legal goods sold illicitly to avoid tax payments or licensing requirements‚ such as cigarettes. Black markets develop when the state places restrictions on the production or provision of goods and
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1. “India is not an easy market to understand and operate in.” Why is the Indian market untenable for Multinational Companies‚ yet at the same time attractive to global businesses? Discuss. It is true that India is not an easy market to understand and operate in. MNCs have realized this the hard way as their expectations have remained unfulfilled‚ and many have either suffered reverses or have had to wrap up their operations. Unable to figure out the reason for their failure‚ they have chosen
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What is the meaning of a knowledge based economy? The term “knowledge-based economy” results from a fuller recognition of the role of knowledge and technology in economic growth. Knowledge‚ as embodied in human beings (as “human capital”) and in technology‚ has always been central to economic development. In the knowledge-based economy it is the production of ideas‚ not goods‚ that is the source of economic growth‚ and the reason that the new computing and telecommunications technologies are
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INTRODUCTION The Nigerian economy has several activities sectors which include agriculture (crops)‚ livestock‚ forestry‚ fishing‚ manufacturing‚ crude petroleum mining and quarrying‚ utilities‚ building and construction‚ transport‚ communication‚ wholesale and retail trades‚ hotels and restaurants‚ finance and insurance‚ real estate and business services‚ housing‚ producers of government services and community‚ social and personal services. However‚ with the advent of the crude petroleum sector
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INDIA ECONOMY & INFRASR+TRUCTURE OVERVIEW India is rich in natural resources and manpower and has made significant economic progress since attaining independence in 1947. India’s economy encompasses traditional village farming‚ forestry‚ fishing‚ modern agriculture‚ handicrafts‚ a wide range of modern industries‚ and a multitude of support services. Economy transformed from primarily agriculture‚ forestry‚ fishing‚ and textile manufacturing in 1947 to major heavy industry‚ transportation‚ and telecommunications
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China began the transition from a planned market economy to a more capitalistic‚ free market economy. Ever since then‚ numerous reform policies have been implemented and Liou (2010) says that these policies lead to an: Increase economic growth and improve the quality of public life. These policies have promoted private business development in China and have gradually changed the Chinese system from a totally government-controlled planning system to a market-oriented capitalist system. ( p. 3)
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