How Effective demand increase the level of Employment – Economic Studymaterial

Effective Demand The starting point of Keynes theory of employment and income is the principle of effective demand. Effective demand denotes money actually spent by the people on products of industry. The money which entrepreneurs receive is paid in the form of rent, wages, interest and profit. Therefore effective demand equals national income. An increase […]

Modern India

Modern India History – The Government of India Act – 1858-1947 – Exam Free Study Materials

The Government of India Act refers to any one of a series of Acts passed by the Parliament of the United Kingdom to regulate the government of British India, in particular: Sepoy Mutiny 1857 ’Indian Mutiny, also called Sepoy Mutiny or First War of Independence, widespread but unsuccessful rebellion against British rule in India in […]