Difference between conventional and non conventional sources of energy with Advantages and similarities

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

Difference between demand pull and cost push inflation with Advantages and similarities

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