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...
DEMAND PULL INFLATION:
Demand pull inflation is a phenomenon which happens when demand surpasses supply which further leads to higher prices as a result. When the aggregate demand in the economy strongly outweighs aggregate supply ,it causes rise in prices.
It is upward pressure on prices.
It leads to unemployment rate because it can cause inflation.
It increases government spending but can lead to scarcity.
Rise in exports can lead to undervaluation.
COST PUSH INFLATION:
Cost push inflation is a phenomenon which occurs when the overall prices increases due to increase in cost of wages and raw materials.
Higher cost of production decreases aggregate supply in the economy.
Demand for affected product must be constant during the production cost changes are occurring.
Producers raise the prices to consumer to maintain profit levels.
natural disaster can cause cost push inflation.
Change in govt. Or regulation of govt can cause cost push inflation
Comments
Post a Comment