Absolute Cost Difference: According to Adam smith, absolute differences in the cost of production of different goods across different countries is the ...

Public goods are the goods that are neither executable nor rivalrous. These are also referred to as Collective Consumption goods. They are also one of ...

The concept of consumer surplus: Availability of Substitute: More the number of substitutes of a good more convenient it is to shift to one ...

Traditional and Modern concepts of Politics. It is also known as speculative, metaphysical and value laden theory. It takes the study of politics very close to ...

Colonialism in European Views: Hobson, Hilferding, Rosa Luxemburg, Lenins are the scholars who belonged to European school of thoughts. Hobson's theories of ...

Partnership Deed It is the written agreement that is duly stamped and registered. Each partner gets a copy of the deed, after it gets registered. It can be ...

Company form of Organisation. Joint stock company is defined as a company limited by shares having a permanent paid up or nominal share capital of fixed ...

Cooperative Societies is a form works for self-help and mutual help. Their main aim is to provide services to its members. These are started by poor and weak ...

A partnership is an association of two or more than two persons who have combined together to share the profits of business carried on by all or any of them ...

Sole proprietorship ended because of the following limitations: Limited resources: The sole trader has to depend on his own earnings or he can .borrow from ...

Sole trader organization is the oldest form of organisation, and the most common form of small business is the sole trader organisation. It is also called ...

A joint stock company is an association of persons who are registered under, Companies Act for carrying on some business. As per the Indian Companies Act, it ...