Proprietorship Advantages, Merits and Importance

Meaning of Sole Proprietorship Sole trader-ship (proprietorship) is that form of business organization whose owner is just one person, who is called the sole trader. This person invests capital in the business and is solely responsible for all the profits and losses of the business. The same person is the manager and organizer of the …

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Problems of Agricultural Labor in India

Agricultural Labor Agricultural labor is a person who works on another land, does not participate in farm management and its maintenance, and receives money or a portion of the harvest in consideration for his service. He neither has any rights regarding the land nor does he have to bear any risk regarding the farm. Briefly, …

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Keynesian Theory of Employment

Introduction to Keynesian Theory of Employment Keynes gave Keynesian Theory in his volume “General Theory of Employment, Interest, and Money” He not only criticized the Classical Theory of Employment but also analyzed those factors that affect the employment and production level of an economy. Most of the modern economists agree with the concept of Keynes. …

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