Economics

Section - 1 (The Basic Economic Problems)
  • Scarcity
  • Factors of Production
  • Opportunity Cost
Section - 2 (Allocation of Resources)
  • Market and Mixed Economics
  • Equilibrium Price
  • Changes in Demand
  • Changes in Supply

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Scarcity

Q -  What is Scarcity ? Ans - Scarcity is a situation where there is not enough to satisfy everyone's wants. Q - Scarcity as the Econom...

  • Causes and Consequences of the Decline of the Mughal Empire
    Timeline: 1526 >> Babar Establishes the Mughal Empire Main Points: (The Rise of the Mughals) The first Mughals were ruling family i...
  • Kinetic Particle Theory
    Q.1 What is matter? Ans: Anything which has mass/weight and occupies space is called matter. Everything around us is made up of matter. ...
  • Glossary
    Abandoned Channels: The channels of a river which are only filled with water during the rainy season and may be left dry when the rainy sea...