Notes and Study material for Exams
The following are subtopics of market price: Market price is the price at which a good or service is bought and sold in a competitive market. Market price is determined by the interaction of supply and demand. Supply is the amount of a good or service that producers are willing and able to sell at … Read more
The Charter Act of 1813 was a landmark piece of legislation that granted the British East India Company a monopoly on trade with India for another 20 years. The Act also made a number of important changes to the way the Company was run, including the introduction of a system of checks and balances to … Read more
Economic consolidation is a process that occurs when a small number of companies come to dominate an industry. This can happen through mergers, acquisitions, or other forms of business combination. Economic consolidation can have a number of effects on the economy, including increased prices, reduced competition, and lower innovation. What is economic consolidation? Economic consolidation … Read more