Class 12 Economics Notes

Economics isn’t just a classroom subject—it’s a force that shapes our daily lives. Every time we buy a product, fill our gas tank, or...

The transformation of the Indian economy under British rule was drastic and had far-reaching consequences. This chapter aims to provide a...

Short Notes and Summary Detailed Notes Model NCERT Exercise Answers Short Notes and Summary The period from 1950 to 1990 is a critical...

Introduction Economists identify the poor on the basis of their occupation and ownership of assets. They state that the rural poor work...

What is Human Capital? Just as a country can turn physical resources like land into physical capital like factories, similarly, it can...

What is Rural Development? Rural development is a comprehensive term. It essentially focuses on action for the development of areas that...

Workers and Employment Those activities which contribute to the gross national product are called economic activities. All those who are...

What is Infrastructure? Infrastructure provides supporting services in the main areas of industrial and agricultural production, domestic...

Introduction The economic development that we have achieved so far has come at a very heavy price at the cost of environmental quality....