Month: July 2024

Biomass energy. These sources are considered more sustainable and environmentally friendly compared to their conventional counterparts. Aspect Conventional Sources of Energy Non-Conventional Sources of Energy Definition Energy sources that have been traditionally used and are non-renewable. Energy sources that are alternative, renewable, and more sustainable. Examples Coal, oil, natural gas, Nuclear Energy. Solar, wind, geothermal, … Read more

INFRASTRUCTURE, reducing regulations, and promoting competition to lower production costs. Temporary subsidies and tax incentives can also help. Q8: Why is demand-pull inflation often seen during economic booms? A8: Demand-pull inflation is often seen during economic booms because increased consumer and business confidence leads to higher spending and investment, driving up demand for goods and … Read more