Methods of Calculating National Income Value Added Method:- According to this method, National Income is calculated by adding net value by all producing unit...
I am an educator of economics for 3 years now teaching students from classes 9 to 12.I am currently working in chegg india as a verified expert in Economics and providing solutions to problems related...
By division of labour we mean specialisation in work. Under it the worker specialises either in the prouduction of a single commodity or single sub-process . It is a system whereby the operations necessary...
INTRODUCTION Every individual has specific needs, for the satisfaction of which, he/she needs resources. But the resources that a person have, to satisfy his needs are always limited and have alternative...