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Yogita Ingle 7 years, 1 month ago
G-77 or Group of 77 refers to the seventy-seven developing countries that did not benefit from the fast growth western economies experienced in 1950s and 1960s. So, they organized themselves into G-77.
They demanded :
(i) A new international economic order that would give them real control over their natural resources.
(ii) More development assistance.
(iii) Fairer prices for raw material and
(iv) Better access for their manufactured goods in developed countries' markets.
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Yogita Ingle 7 years, 1 month ago
Sheet Erosion: When water flows as a sheet down a slope and as a result, the top part of the land is washed away, such an erosion is called sheet erosion.
Gully Erosion: When the running water cuts through the clayey soils and makes deep channels as gullies, then such an erosion is called gully erosion. The Chambal ravines are the result of such gully erosion.
The land which is unsuitable for cultivation due to soil erosion is called ravines
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Yogita Ingle 7 years, 1 month ago
- They were written in the language of the common people.
- By coming closer to the different spoken languages of the people, the novel produced a sense of shared world between diverse people in a nation.
- Novels may take a classical language and combine it with the languages of the streets and can make them all a part of the vernacular that is used.
- Novels bring together many cultures.
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Yogita Ingle 7 years, 1 month ago
Tertiary sector or the service sector composes almost 50% of India's population. The young generation studies hard, get good marks and then simply hunt for a good and secure job. The reasons why this sector is gaining importance can be summed up in following points:
1. The need for tertiary is increasing as there is more need of services like financial institutions, educational institutions etc. in Indian economy.
2. The tertiary sector accounts for most of the national and per capita income of India.
3. The tertiary sector created huge employment even for the uneducated and unskilled workers.
4. The tertiary sector is responsible to distribute its services and goods to different consumers.
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Yogita Ingle 7 years, 1 month ago
Lenders ask for collateral while lending because if payment of interest and repayment of the principal are not made on time, the lenders can sell the collateral assest and recover their money.
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Yogita Ingle 7 years, 1 month ago
Consumer movement began due to the need of protection:
1. There were numerous unfair and unethical trade practices that exploited consumers and caused dissatisfaction.
2. There was no legal system for the punishment of such exploitation. Food shortage, black marketing, adulteration etc. were widespread.
3. Consumer groups at the most wrote only articles and held exhibitions until the 1970s.
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