DMPQ: What is a heavy Industry? What are the location factors suitable for setting up of heavy industries.?

Heavy industry relates to a type of business that typically carries a high capital cost (capital-intensive), high barriers to entry and low transportability. The term “heavy” refers to the fact that the items produced by “heavy industry” used to be products such as iron, coal, oil, ships, etc. Location factors are as follows: Availability of raw material … Read more DMPQ: What is a heavy Industry? What are the location factors suitable for setting up of heavy industries.?

DMPQ: Inflation is a heavy tax and erode the purchasing power of rupees. Discuss the ways to control inflation.

Inflation is the sustained increase in the general price of goods and services and hence it reduces the purchasing power of Rupee. But some mild inflation is good for an economy as it help to grease the wheels of the commerce.   There are various ways to control Inflation:     Fiscal ways:  Reduction in … Read more DMPQ: Inflation is a heavy tax and erode the purchasing power of rupees. Discuss the ways to control inflation.