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Land utilisation

  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...
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Aggregate Demand

 Aggregate Demand A

Aggregate demand is the total demand for domestic output. It is made up of four components 

a) consumption by households

b) Investment by businessmen

c) Government purchases

d) Foreign demand

Consumption 

The components of aggregate demand shows that important component is consumption spending by person sector. Consumer spending on durable goods such as automobiles spending which might be regarded as investment rather than consumption. 

 Government

It includes items such as national defense, roads paving, salaries of govt employees.

Investment 

Investment means additions to the physical stock of capital. It includes inventories like building construction, building of machinery, human capital. 

Human capital us the knowledge and ability to produce that us embodied in labour force. 

Net exports 

It shows the spending on foreign goods and foreign spendings on domestic goods. The difference between the exports and imports are called as net exports. 

Final sales 

Total spending by domestic residents of an economy is called as gross domestic purchase. 

GDP=finals sales to domestic residents + net exports + inventory change

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