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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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Saving function

Saving function

Income is either consumed or saved  because of this Y = C+S . Saving is must be related to income due to this . Thus,the functional relationship between Saving and income is called saving function.

Saving function can easily be derived out of it out of consumption function.

Income.         Consumption.          Saving S= Y-C

        0                       20                              -20
      50                       60                              -10
    100                     100                                 0
    150                     140                               10

Central significance
a)Saving is negative when income is zero. 
b)Saving increases as income increases . Implying that saving is positively related to income.
c)Savings remains lower than income. Unlike consumption,saving is never greater than income , it is always a part of it.
d)Saving line is positively sloped ,moving upward from left to right which causes higher saving.
e)Saving line is a straight line , pointing to it's constant slope . It indicates saving function as a linear function.

Saving line indicates the ratio between increase in Saving and increase in income. It is also called as Marginal Propensity to Save.

            MPS =1-MPc 
            MPS = ∆s/∆y

Average propensity to save is defined as the ratio between total saving and total income.
                   APS= S/Y 
The value of APS is generally less than one ,because only a part of income is saved .

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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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