Fundamental Concepts and Terminologies — Economics STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsFundamental Concepts and Terminologies1 Mark
Question
Why expansion seen?
✓
Answer
At the time of recession production decrease and on other side due to scarcity of product, trade given order for product. As a result hope of profit seen in investment. So the factors of production get employment and by increasing the income in all sector and increase the effective demand creates profitability.
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