Posted inStudy Material
Dimensions of Business Environment
The dimensions of the business environment are formed by numerous external and internal influences, which operate to make a business…
Posted inStudy Material
What are Budget Receipts? Revenue & Capital Receipt with Examples
The government earns money from many sources to run the country every year. The money that the government receives is…
Posted inStudy Material
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…
Posted inStudy Material
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…
Posted inStudy Material
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…