ECONOMICS – Daily Answer Writing Challenge, 05 July 2014 1) Account for the changes in employment pattern in India after liberalization. What are your suggestions for employment security in the “informal” sector of the economy? Discuss. (300 words) 2) “Speculators may do no harm as bubbles on a steady state of enterprise, but the position […]
Economics Daily Answer Writing Challenge Write on drain theory as developed by Dada Bhai Naroji. How does it explain sustained poverty during British rule in India? (150 words) Mixed economy is an outcome of the compromise between laissez faire capitalism and socialist state control of resources. Elaborate mention its salient features. (150 words)