Tag Archives | concept

Concept of Management: Top 8 Concepts of Management

Everything you need to know about the concept of management. Management means ‘managing activities’. Therefore, wherever there is a group of people working presence of management can be felt. It may be a group of friends working on a project, an NGO working towards women welfare or a business enterprise busy making profits. Management consists […]

Essay on the concept ‘Elite’ theory

Essay on the concept ‘Elite’ theory. Vilfredo Pareto and Gaetaro Mosca, the two Italian sociologists first developed the elite theory. Elite theory developed as a reaction to Marxist theory.

Short essay on the Gandhiji’s concept of Satyagraha

Short essay on the Gandhiji’s concept of Satyagraha. The term Satyagraha was coined by Gandhiji to express the nature of non-violent direct action of the Indians in South Africa against the racial policy of the Government there.

Critically examine the concept of Popular Sovereignty

The concept of popular sovereignty locates ultimate political authority in the people. The theory is as old as hills. The ancient Roman philosophers expounded the idea of popular sovereignty ..

Key notes on Gandhi’s Concept of Satyagraha

Key notes on Gandhi’s Concept of Satyagraha. Satyagraha implies deference to truth. It means to insist upon truth in the non-violent way. Further, it is a resistance through non-violence.

Brief Notes on the Western Concept of NIEO

Brief Notes on the Western Concept of NIEO. For the Western World, NIEO signi­fies a search for a new world economic order which should bring change, but at the same time ensure continuity in the existing order.

Brief note on the concept of consumption function

Brief note on the concept of consumption function. Consumption function or propensity to consume refers to income consumption relationship. It expresses the functional relationship between two aggregates i.e. total consumption and total volume.

What do you mean by the modern concept of rent?

What do you mean by the modern concept of rent? Modern economists are of the opinion that land is inelastic in supply. It has no cost of production thus whole of the return produced, on land goes to rent. As the supply of land is inelastic it yields rent.

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