Notes and Study material for Exams
Imperialism is a state policy, practice, or advocacy of extending power and dominion, especially by direct territorial acquisition or by gaining political and economic control of other areas. Because it always involves the use of power, whether military force or some subtler form, imperialism has often been considered morally reprehensible, and the term is frequently … Read more
The development of any Society or country without Economic Development is a myth. Economic development brings prosperity which in turns is directly proportional to the amount of goods and Services produced quantitatively or in broad sense we can say in Money equivalent. So the factor of production depends on the following parameters. Land Labour Capital … Read more
The productive capacity of an economy is directly linked to the size of its working – age Population relative to its total population, it is essential to distinguish between the two components when exploring the impact of demographic change on economic performance. Census 2011 data shows the overall Percentage of children in 0-6 year’s … Read more
JOB CREATION As outlined in the NITI Aayog’s Action Agenda, India suffers more from the problem of underemployment (i.e. low-productivity, low-wage jobs) than Unemployment as for example: In 2011-12, agriculture engaged nearly 50% of the workforce but contributed 15% to GDP In 2010-11, within manufacturing, small firms employed 72% but output was only … Read more
According to FAO Food Security is “a situation in which all people at all times have access to adequate quantities of safe and nutritious food to lead a healthy and active life”. This definition requires three basic conditions to be met: 1) adequacy, i.e. supplies from domestic production, stocks and imports are sufficient to meet the … Read more
The caste system is a Classification of people into four hierarchically ranked castes called varnas. They are classified according to occupation and determine access to wealth, power, and privilege. The Brahmans, usually priests and scholars, are at the top. Next are the Kshatriyas, or political rulers and soldiers. They are followed by the Vaishyas, … Read more
Mahatma Gandhi’s principle of “enoughness” in his saying “the earth provides enough to satisfy every persons need but not for every person’s greed” According to World Commission on Environment and Development, Our Common Future (1987) , Sustainable Development is development that meets the needs of the present without compromising the ability of future generations to … Read more
The caste system is a Classification of people into four hierarchically ranked castes called varnas. They are classified according to occupation and determine access to wealth, power, and privilege. The Brahmans, usually priests and scholars, are at the top. Next are the Kshatriyas, or political rulers and soldiers. They are followed by the Vaishyas, or … Read more
In 1978, the World Bank, for the first time, constructed an analytical country Classification system. The occasion was the launch of the World Development Report. Annexed to the report was a set of World Development Indicators (WDI), which provided the statistical underpinning for the analysis. The first economic classification in the 1978 WDI divided … Read more
The term Sustainable Growth became prominent after the World Conservation Strategy Presented in 1980 by the International Union for the Conservation of Nature and Natural Resources. Brundland Report(1987) define Sustainable Development as the a process which seek to meet the needs and aspirations of the present generation without compromising the ability of the future generation … Read more