Trade Union in India | The 6 Phases

strike's for justice

                 Phases of Trade Unions in India 1st Trade Union Phase (1918) There are 6 phases of Trade Unions in India. The setting up of jute mile laying off to railways-1850, labour moment India dated back to 1860, and leadership were taken up by S.S Bengle (1905,1907,1910). 1st the period(1918-1990) people involved in … Read more

Pyramid – Egyptian pyramid mystery within | Everything you need to know

pyramid

Pyramid – Egyptian Pyramid secrets within Egyptian pyramid has secret within. Ancient civilisation does lie greatest thing’s within and pyramid and ancient Egypt is the fine example of it. There are pyramid’s all over world but main attraction of everyone is pyramid’s of giza in Egypt due to the complex mathematical calulations. Pyramid of giza. … Read more

NEW GST REGISTRATION PROCESS ONLINE IN 15 MINUTES

NEW GST REGISTRATION PROCESS ONLINE FOR A NEW GST REGISTRATION PROCESS ONLINE FOLLOW THE STEPS MENTIONED AND REGISTER YOUR BUSINESS WITH GST WITHIN 15 MINUTES. 1. Initially for the New GST Registration Process Online first, the taxpayer needs to login to the GST Portal www.gst.gov.in and then under the Taxpayers column click on “Register Now” … Read more

Mummification Process – All about Mummification Ancient Egypt

Mummification Process – All about Mummification Mummification process is done in ancient Egypt and in other various countries in the sense to preserve the body and the huge believe in afterlife  As in ancient time, there was a great belief in an afterlife and the belief of the afterlife comes from the Egyptian legacy. As … Read more

Business cycle, inflation and deflation

Business cycle

The short-term variations in economic activity are known as business cycles or business fluctuations.

What causes business fluctuation? How can government policies reduce their virulence? Economists were largely unable to answer these questions until 1930’s. At the point, it was the revolutionary theories of J. M. Keynes that pointed to the importance of the Forces of aggregate demand In determining business cycle.

The term business cycle or economic cycle refers to economy-wide fluctuations in production, trade and economic activity in general over several months or years in an economy organized on free-enterprise principles.

The effect of upswing and downswing in economic activity is felt quite intensely because of the ever-increasing business activity and the strong inter-relations between different sector of an economy and between various economies.

During the great depression of 1930’s, the ill effect of the wide swing in business activity was almost devastating. It was also noticed that the great depression there was ‘ no natural recovery ‘ of the economic activity.

Phases/stages of business cycle


A Typical or standard business cycle is characterised by five different stages or phases.{depression, recovery (or revival), prosperity(or full employment), Boom(or overfull employment) and recession.}

These stages of business cycle recur with some sort of regularity and are uniform in case of a different cycle. However, the periodicity of different phases of trade cycle and their time interval difference between cycles. For instance, a cycle may have a periodicity of about 5.5 years in case of advanced nations, while it may be about 8.5 years in case of less developed countries. The time intervals may also differ

 

 

Depression

• Depression 

Read moreBusiness cycle, inflation and deflation