LAND UTILIZATION Land is a scarce resource, whose supply is fixed for all practical purposes. At the same time, the demand for land for various competing purposes is continuously increasing with the increase in human population and economic growth.Land use pattern at any given time is determined by several factors including size of human and livestock population, the demand pattern, the technology in use, the cultural traditions, the location and capability of land, institutional factors like ownership pattern and rights scale regulation. Major Types of Land Utilization in India : As in all other countries, land in India is put to various uses. The utilization of land depends upon physical factors like topography, soil and climate as well as upon human factors such as the density of population, duration of occupation of the area,land tenure and technical levels of the people.There are spatial and temporal difference in land utilization due to the continued interplay of phys...
DISADVANTAGES OF MONEY
a)Misuse of capital - Money leads to creation of more and more credit .Credit creation if not matched by the increase in production results in inflation.
b)Over capitalisation - Easy borrowing and lending facilities, made possible through money may lead certain industries to use more and more capital than require which results in over capitalisation , overproduction and unemployment.
c)Monopolies - Money leads to concentration of wealth in a few hands and thus give rise to Monopolies which results in exploitation of workers .
d) Inequality of income - Money through its excessive use and inflationary effect creates and widens inequalities in the distribution of income and wealth.
e) Political instability - Wide fluctuations in prices and buisness activities caused by money leads to political instability .
f)Economic instability - The value of money does not remain constant which creates economic instability in the economy . Too much money reduces it's value and causes inflation and too little of money raised it's value and results in deflation.
g)Hoarding - In materialistic world ,people give more and more importance to money and instead of utilising money in productive activities they may start hoarding which would adversely effect the growth of income ,output and employment of the economy.
h)Black money - Money is the cause of black money. It provides people a convenient way to evade taxes by concealing their income . It in returns encourages black marketing.
I) Moral and social evils - Moral values have been sacrificed at alter of money. People have become so much money minded that they openly indulges in corruption to satisfy greed for money. It is also the root cause of theft ,murders, frauds and other social evils.
Comments
Post a Comment