May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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After reading this chapter, you will be able to understand and appre-
ciate all that you need to know of savings, capital formation and
investment and relate them to Indian economy. In this chapter, we
study capital, savings and investment, how savings are the sources of
capital formation, and why are they comparatively low in developing
countries.
WHAT COMPRISES CAPITAL?
In ordinary language, capital is used in the sense of money. But in
economics, we use the term capital in a variety of senses. Machines,
tools and instruments, factories, canals, dams, trucks, raw materi-
als, etc. would all constitute capital in economics. Capital is de ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.