Basics of Demand and Supply | Concept and Defination
law of supply and demand – Demand is a desire to buy and supply is the availability of that product and equilibrium is the point where it meets.
The Explanation of Basic Terminologies in Economy.
law of supply and demand – Demand is a desire to buy and supply is the availability of that product and equilibrium is the point where it meets.
1. Share of agriculture in National Income, 2. Largest Employment Providing Sector, 3. Providing food to the growing population, 4. Providing raw materials to industry
The Sum of all transactions taking place in the area which can or cannot be regulated by the government is called as Economy.