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Dimensions of Business Environment
The dimensions of the business environment are formed by numerous external and internal influences, which operate to make a business…
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Budget Receipts: Understanding Government Revenue Sources & More
Budget receipts is the term given to the significant characteristic of any government's annual plan for financial revenues. Budget receipts…
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What is Capitalist Economy? Features, Merits & Demerits
A capitalist economy is a system wherein all factors of production—land, labor, capital, and entrepreneurship—are owned by the private individual…
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Difference Between Budget Set and Budget Line
Budget set and budget line are concepts that form the core of microeconomic theory, particularly consumer choice analysis. The two…
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Budget Deficit: Causes, Effects & Solutions
The budget deficit is termed that situation when a government's expenditure surpasses its revenues over a particular time, say a…