How would you explain the rise of Napoleon ? – Rise of Napolean | Questions and Answers

How would you explain the rise of Napoleon ?

Rise of Napolean Questions and Answers

How would you explain the rise of Napoleon ?

In 1799, a group of French soldiers led by Napoleon Bonaparte overthrew the government. Napoleon became the leader of France, and he ruled for several years. Many people don’t understand how Napoleon was able to take over France and rule for so long. In this article, we will explain the rise of Napoleon.

Napoleon was born in 1769 on the island of Corsica. He came from a family of nobles, but they weren’t wealthy. He went to school in France, and he was a good student. After school, he joined the military. He quickly rose through the ranks because he was a talented leader. In 1789, the French Revolution began. This was a time when the people of France were fighting against their government. The old government was unfair, and the people wanted change.

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Balance of Payment (BOP) – Meaning, Features, Components and Importance | Economics

Balance of Payment (BOP)

Balance of Payment (BOP)

Balance of payments refers to the sum of all economic transactions between residents of the reporting country and residents of foreign countries during a specified period. All individuals, businesses, and government agencies are considered residents. A standard double-entry bookkeeping method is used to maintain the balance of payments record. Credits and debits are recorded for international transactions.

Imports, exports, and transfer payments, including foreign aid and remittances, are included in these transactions. As part of the complex mechanism of development, making sure the citizens are able to attain social and economic welfare, creating economic stability, and maintaining employment, these transactions play an important role.

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Determinants of Market Demand – 9 Major Determinants | Economics

Determinants of Market Demand

Determinants of Market Demand

All of the individual consumer demands for the commodity over a period of time, at each possible price, are considered the market demand. According to market demand, all consumers will purchase a good or service at a given price if certain other factors such as income, tastes, and preferences remain the same.

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Exceptions to the Law of Demand – 3 Main Exceptions | Law of Demand

Exceptions to the Law of Demand

Exceptions to the Law of Demand

Law of Demand

A change in price will result in a change in the quantity demanded, according to the law of demand. In the case of an increase in price, the demand decreases, and in the case of a decrease in price, the demand increases.In economics, the law of demand is one of the most fundamental concepts. As we observe in everyday transactions, market economies allocate resources and determine prices based on the law of supply.

Some of the Major Exceptions to the Law of Demand are as follows:

Exceptions to the Law of Demand

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What is the difference between Disguised Unemployment and Seasonal Unemployment

What is the difference between Disguised Unemployment and Seasonal Unemployment

What is the difference between Disguised Unemployment and Seasonal Unemployment

Disguised Unemployment is a type of Unemployment condition wherein individuals work for the entire day but do not make any contribution to the total output. The marginal productivity in this type of employment is zero. Seasonal Unemployment is a type of unemployment that arises due to the seasonal changes in demand or production conditions. Seasonal unemployment happens when individuals cannot secure jobs during certain months of the year.

Some of the Differences between Disguised Unemployment and Seasonal Unemployment are as follows:

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Five Year Plan in India – Economic Development in India | Management Notes

Five Year Plan in India

Five Year Plan in India

The Indian economy operated on the premise of planning from 1947 to 2017. The Five-Year Plans were developed, executed, and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017). It is headed by the prime minister as chairman ex officio, with a deputy chairman nominated by a cabinet minister. In May 2014, Montek Singh Ahluwalia resigned as deputy chairman of the commission. March 2017 marked the end of the Twelfth Plan’s tenure.

In 1969, the Gadgil formula was adopted in place of the schematic pattern that prior to the Fourth Plan determined how state resources were allocated. State plans have been allocated central assistance based on revised versions of the formula since then.

NITI Aayog is the acronym for National Institution for Transforming India. It has been announced by the ruling government of Narendra Modi in 2014 that the Planning Commission will be dissolved, and replaced by a think tank.

The current government has, however, discontinued the Five-Year Plan, replacing it with a new system. Let’s have a look back at all the Five Year Plans the country has experienced to date.

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Describe how the poverty line is estimated in India – Economics | Management Notes

Describe how the poverty line is estimated in India

Describe how the poverty line is estimated in India

Meaning of Poverty

A condition of poverty is one in which a person or family lacks the financial resources to meet a basic standard of living. Policymakers and economists define “absolute” poverty as the difference between consumption expenditure and a threshold called the “poverty line”. According to the official poverty line, the price of the goods in a “poverty line basket” (PLB) represents the expenditure incurred to acquire those goods. Poverty can be measured by the number of people living below their poverty line (the head count ratio can be used to calculate the incidence of poverty). The “depth” of poverty measures how far below the poverty line a person is. When someone is living in absolute poverty, they lack the means to obtain the commodities they need to sustain themselves. A relative poverty level is one where the standard of living is lower than the economic status of the population within the same area.

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