Economics
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Advantages And Disadvantages Of Localization Of Industries
As we know, several factors govern the location of an Industry. But we have to remember that these factors are…
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13 Factors Affecting Location Of Industries
The location of several firms producing a commodity in a particular place or region is known as localization or concentration…
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Advantages And Disadvantages Of Small Scale Production
 Prior to Industrial Revolution, small scale production was prevalent in almost all countries. But later, large, scale production became a…
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Diseconomies Of Scale : The Limit To The Expansion Of A Firm
A firm cannot enjoy economies of large scale production for ever. It has an ending point like every other things.…
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Types Of External Economies Of Scale Of Production
Large scale production has several economies. Professor Marshall classified economies of large scale production into two types, namely internal economies…
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Types Of Internal Economies Of Scale Of Production
Large scale production is the result of industrialization and modern technique of production. Large scale production has several economies. Professor…
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15 Roles And Functions Of An Entrepreneur In An Enterprise
Production process was very simple in olden days. A single person carried on all the activities relating to the production…
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12 Factors Affecting Capital Formation In Developing Countries
There are some factors affecting capital formation in developing countries. Capital Formation or capital accumulation is essential for the economic…
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Importance Of Capital In Business And Economics
Importance Of Capital In Business Capital plays an important role in the production process. Indeed production process is not possible…
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Capital Definition, Meaning, Characteristics and Types of Capital
 Capital Definition : Capital refers to all man-made goods which are used in the production of goods or services. According…
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