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Some Important Economic Terms

Fiscal Policy Fiscal policy pertains to public revenue (tax and non-tax sources of revenue) and Public Expenditure (Revenue Expenditure and Capital Expenditure). How and from which sources public revenue would be mobilized is one concern of the fiscal policy. The second concern how public expenditure would be allocated to different heads.

Great Chola Temples

Chola dynasty temples are mainly located around the state of Tamilnadu. The Great Chola Temples were constructed by Chola dynasty rulers. These Hindu temples were completed between early 11th and the 12th century CE. The monuments included in the UN Heritage sites are: the Brihadisvara Temple at Thanjavur, the Temple

Great Geographical entities on earth: Where are they located?

The Himalayas The Himalayas form a mountain range in Asia, separating the plains of the Indian subcontinent from the Tibetan Plateau. The range has many of the Earth's highest peaks, including the highest, Mount Everest. The Himalayas include over fifty mountains exceeding 7,200 m (23,600 ft) in elevation, including ten of the fourteen 8,000-metrepeaks. By contrast, the highest peak outside Asia (Aconcagua, in the Andes) is

Making of the Indian Constitution: a simplified brief

On the occasion of 70 years of the Constituent Assembly of India, Down to Earth explains the incremental stages of formulation of the Constitution Exactly 70 years ago the Constituent Assembly of India sat for the first time on December 9, 1946. Thus started a historical journey which saw India attainting

11 curves most frequently used in Economics 

A production–possibility frontier (PPF) or production possibility curve (PPC) is a curve which shows various combinations of the amounts of two goods which can be produced with the given resources and technology, where the given resources are fully and efficiently utilized per unit time. A PPF illustrates several economic concepts, such as allocative efficiency, economies of

Peasant movements during Indian Freedom Struggle

Peasant movements have a long history that can be traced to the numerous peasant uprisings that occurred in various regions of the world throughout human history. Early peasant movements were usually the result of stresses in the feudal and semi feudal societies, and resulted in violent uprisings. More recent movements, fitting the definitions of

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