Search results
Results From The WOW.Com Content Network
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
An economic impact analysis is commonly developed in conjunction with proposed legislation or regulatory changes, in order to fully understand the impact of government action on the economy. The United States Department of Energy economic impact model is one example of this type of application. [ 16 ]
The first popular use of the phrase in Hindi was Atma Nirbhar Bharat Abhiyan (Self-Reliant India Mission) during the announcement of India's COVID-19 pandemic economic package in 2020. Since then, the phrase has been used by the Ministry of Consumer Affairs, Food and Public Distribution , the Ministry of Education , and, the Ministry of Defence ...
The impact of India's economic liberalisation policies on various sectors and social groups has been a topic of ongoing debate. While the policies have been credited with attracting foreign investment, some have expressed concerns about their potential negative consequences.
Economic globalization refers to the widespread international movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital ...
Comparing economic performance between India and South Korea is a complex task that requires consideration of historical, political, and economic contexts. While South Korea did adopt a more market-oriented model of development, the government still played an active role in shaping and directing economic growth through targeted investments and ...
On 17 April, RBI announced more measures to counter the economic impact of the pandemic including ₹ 50,000 crore (equivalent to ₹ 590 billion or US$6.8 billion in 2023) special finance to NABARD, SIDBI, and NHB. [17] Providing more relief to state governments, WMA limits have been increased by 60 per cent. [17]
In economic theory, moral hazard is a situation in which the behavior of one party may change to the detriment of another after the transaction has taken place. For example, a person with insurance against automobile theft may be less cautious about locking their car because the negative consequences of vehicle theft are now (partially) the ...