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List of prominent scholars and the work in field of economics

List of prominent scholars and the work in field of economics  Adam Smith - "The Wealth of Nations" (1776) - Laid the foundation for classical economics. John Maynard Keynes - "The General Theory of Employment, Interest, and Money" (1936) - A key figure in the development of modern macroeconomics. Milton Friedman - "A Monetary History of the United States" (1963) - Championed monetarism and free-market principles. Amartya Sen - Work on welfare economics and development, notably "Development as Freedom" (1999). Paul Krugman - Contributions to international trade theory and economic geography. Won the Nobel Prize in 2008. Joseph Stiglitz - Work on information asymmetry, development economics, and global economic issues. Nobel Prize in 2001. Thomas Piketty - "Capital in the Twenty-First Century" (2013) - Analyzed wealth and income inequality over time. Gary Becker - Pioneer in the field of human capital theory and the economic anal

MECHANICAL AND INDUSTRIAL APPROACH AND CHANGES IN INDIA 1947 TILL DATE FOR UGC NET ,UPSC AND OTHER COMPETITIVE EXAMS

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MECHANICAL AND INDUSTRIAL APPROACH AND CHANGES IN INDIA 1947 TILL DATE FOR UGC NET ,UPSC AND OTHER COMPETITIVE EXAMS.         Industrial approach Govt of India A mechanical approach of a nation, now and then indicated IP, once in a while modern system, is its authority vital exertion to energize the advancement and development of all or part of the economy, frequently centered around all or part of the assembling area. The administration takes measures "planned for improving the seriousness and capacities of local firms and advancing auxiliary transformation."A nation's framework (counting transportation, broadcast communications and vitality industry) is a significant empowering influence of the more extensive economy thus frequently has a key job in IP. Mechanical strategies are interventionist estimates regular of blended economy nations. Numerous sorts of modern strategies contain regular components with different kinds of interventionist practices, for ex

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