saif113sb

writes articles about inflation, deflation, laws of supply and demand and other important topics of economics. Other areas of interest are home improvements ...

In the Spotlight

THE WATER WORKS

Major plumbing problems need the attention of a professional unless you are very skilled. But for simple leaks and overflows here is what you should know. Modern houses have two different types of cistern. One is the cold water cistern for storage...

In the Spotlight

The Beautiful House Hall Decorating Tips

The hall is the first thing people see when they cross your threshold. First impressions should be good impressions. Halls get passed through rather than lived in which is why they are often relegated to the bottom of the list of priorities, and...

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PLANTS FOR ALL PLACES

Plants For All Places Houseplants last longer than cut flowers but they need loving care. Keep them healthy and happy. Like flower unless you are dealing with a specimen houseplants are best used massed together. This way they look lush and...

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Children's Rooms Interior Designs

Unlike bedrooms, nurseries need to be extremely practical, because they are going to be subjected to merciless wear and tear. They also need to be very adaptable. Children outgrow furniture nearly as fast as clothes and their tastes in decoration...

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Professional Home Improvements

A man's home is his castle. That goes for women too. But sometimes even a castle needs another room. The cost of moving home is so high nowadays that it's often cheaper-and causes less upheaval-to modify your home and, perhaps, extend it in order...

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TEA TIME SPREADS

That most civilized and soothing of meals, tea, whether taken by a roaring fire or under a shady tree, is one of life's simple pleasures. Tea is exactly what you want to make it, a meal that is entirely adaptable according to your wish and...

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  Economic Development & Growth

  DEFICIT FINANCING IN PAKISTAN

  10 years ago

  What is deficit financing?. When a government spends more than what it currently receives in the form of taxes and fees during a fiscal year, it runs in to a deficit budget. When the budget deficit is financed by borrowing from the public and...

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  owlcation.com

  Factor Proportions Theory Explained

  11 months ago

  The factor proportions theory of international trade is still widely accepted today.

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  Economics

  CAUSES OF INDUSTRIAL BACKWARDNESS IN PAKISTAN

  12 years ago

  The causes of industrial backwardness in Pakistan are varied and complex. The Government of Pakistan since 1947 is trying to develop industries and infrastructure facilities for the growth of industrial sector, yet it has not achieved success to the...

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  owlcation.com

  Industrialization and Economic Development

  11 months ago

  This article discusses the importance of industrialization and the role of industry in economic development. The developed countries of the world broke the vicious circle of poverty through industrialization.

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  Economic Development & Growth

  Industrial Development in Pakistan

  7 years ago

  Introduction: Since the Industrial Revolution, industrialization has been regarded as essential for a country's rapid development. The countries that solely rely on agriculture have remained poor and underdeveloped, whereas the nations that gave...

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  Economics

  WHAT ARE THE VARIOUS CHARACTERISTICS OF SUBSISTENCE FARMING

  11 years ago

  HOW A SUBSISTENCE FARMING CAN BE TRANSFERRED TO A COMMERCIALIZED FARMING OR GIVE THE MAIN FEATURES OF TRADITIONAL AGRICULTURE. ENLIST THE FACTORS WHICH PROMOTE TRANSITION FROM SUBSISTENCE TO COMMERCIALIZED FARMING What is subsistence farming? The...

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  Economics

  LAND REFORMS IN PAKISTAN

  11 years ago

  Land reforms means to break up large estates in small size for distribution to the farmers with or without payments. Land reform in the past was mainly carried primarily for equity and social justice. Now it is mainly carried out for increasing...

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  Economics

  OBJECTIVES AND SIGNIFICANCE OF LAND REFORMS

  11 years ago

  What is land reform? Land reform is a popular slogan in developing countries of the world. By land reform is technically meant that land tenure reform. Land tenure reform is of two types; (1) land redistribution which leads to change in size of...

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  Economics

  MAJOR CROPS OF PAKISTAN

  10 years ago

  The main crops of Pakistan are classified into food crops and non-food crops. The food crops include wheat, rice, maize, coarse grains, grams and other pulses. The cash crops are cotton, sugarcane, tobacco, mustard and sesame. The total area, yield...

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  owlcation.com

  What Is the Role of Human Capital in Economic Development?

  11 months ago

  Matters of economic of growth and decline hinge on the population. This is called human capital, and to truly understand the world, we must understand the role that populations play in an economy's growth or decline. This article will help you understand how human capital reshapes an economy.

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  Economics

  Capital Formation

  10 years ago

  1. WHAT IS CAPITAL FORMATION? ITS ROLE IN ECONOMIC DEVELOPMENT Capital formation is one of the major factors in economic development. It is the increase in the stock of both material and human capital by making available a part of society's...

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  Economic Development & Growth

  OBSTACLES TO ECONOMIC DEVELOPMENT IN PAKISTAN

  10 years ago

  Pakistan inherited an extremely narrow economic base at the time of Partition in 1947 Since then, the Government of Pakistan is making rigorous efforts to build up infrastructure and productive potential of the economy through the process of...

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  Economics

  VICIOUS CIRCLE OF POVERTY OR A COUNTRY IS POOR BECAUSE IT IS POOR

  10 years ago

  poverty is a great curse. It is the biggest hurdle in the way of economic development. Ranger Nurkse in ''Problems of Capital Formation in Underdeveloped Countries'' describes 'vicious circle of poverty as the basic cause of under-development of...

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  Economic Development & Growth

  DETERMINANTS OR REQUISITES OF ECONOMIC DEVELOPMENT

  11 years ago

       1. Factors in Economic Development         Economic development is a complex process. It is influenced by a number of factors such as natural resources, capital, human resources, technology, social attitude of the people,...

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  Economic Development & Growth

  Measures of Economic Development

  11 years ago

  There are a number of measures which have been used to es timate the economic development of a country. These measures, in brief, are: (i)  Increase in real GNP. (ii)  Increase in real per capita income. (iii)  Rise in overall wellb eing of...