NATURE OF ECONOMICS | Class XI | Economics | HSEB Notes
1. NATURE OF ECONOMICS
DEFINITION OF ECONOMICS
Importance of agriculture in Nepal
1. Source of food
Agriculture is determined as main source of food in Nepal. All food and cash crops are grown from agriculture.
Characteristics of Poor
1. Low income
Nepal is poor country and is enlisted in under developed country. In Nepal, more than 60% are illiterate among poor. Adult illiteracy
Public Enterprise
Public Enterprise is an enterprise under government control. More than half of the total share of a public enterprise is owned by the government and effectively
Scarcity and choice | Class XI | Economics | HSEB Notes
Chapter 3
Scarcity and choice
Basic economic issues:
The