Three importance of classification are: 

1. It helps in the identification of living organisms as well as in understanding the diversity of living organisms. 
2. To understand and study the features, similarities and differences between different living organisms and how they are grouped under different categories. 
3. It is essential to understand the inter-relationships among the different groups of organisms.

A service holder is a person who is working under someone i.e. he is an employee. On the other hand, a service provider is the person who provides various services by employing people.

Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services. Economics focuses heavily on the four factors of production, which are land, labor, capital, and enterprise. These are the four ingredients that make up economic activity in our world today and can each be studied individually. Economics is split into the following two broad categories of study: Macroeconomics - the branch of economics that studies the overall working of a national economy. It is more focused on the big picture and analyzing things such as growth, inflation, interest rates, unemployment, and taxes. When you hear the Federal Reserve is raising interest rates or that the national unemployment rate is 7.5%, you are hearing about macroeconomic topics. Microeconomics - the branch of economics that studies how households and businesses reach decisions about purchasing, savings, setting prices, competition in business, etc. It focuses at the individual level, while macroeconomics looks at the decisions that affect entire countries and society as a whole.

Agricultural sector is the primary sector in other words . In this agriculture sector the resources are extracted from the nature , I.e. in the raw form

Economic problem basically the problem of choice which arise due to scarcity of resources which have alternative uses where human wants are unlimited. Causes of economic problems are: 1. Human wants unlimited 2. Scarcity of resources 3. Resources have alternative uses

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economic problem is a problem of choice which arises due to the scarcity of resources having alternative uses. resources are limited in relation to our demand and economy cannot produce all what people want so scarcity is root cause of economic problem.

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• Capitalist Economy- In a capitalist system the products manufactured are divided among people not according to what people want but on the foundation of Purchasing Power—which is the ability to buy products and services. Which means an individual needs to have the money with him to buy the goods and services. The Low-cost housing for the underprivileged is much required but will not include as demand in the market because the needy do not have the buying power to back the demand. Therefore, the commodity will not be manufactured and provided as per market forces.
• Socialist Economy- This economy system acknowledges the three inquiries in a different way. In a socialist society, the government determines what products are to be manufactured in accordance with the requirements of society. It is believed that the government understands what is appropriate for the citizen of the country, therefore, the passions of individual buyers are not given much attention. The government concludes how products are to be created and how the product should be disposed of. In principle, sharing under socialism is assumed to be based on what an individual need and not what they can buy. A socialist system does not have a separate estate because everything is controlled by the government.
• Mixed Economic – Mixed systems have characteristics of both the command and market economic systems. For this purpose, the mixed economic systems are also called as dual economic systems. However, there is no sincere method to determine a mixed system, sometimes the word represents a market system beneath the strict administrative control in certain sections of the economy.

Relationship economics dictates that when businesses value people, experiences, and aspirations, they reap benefits measured in profitability, loyalty, and advocacy.

Two sources of secondry data is that: 1. Internal Sources :- ------------------------------ In an organsation, when the data is collected from its reports and records, it is known as internal sources. * Example:- ------------------ a company publishes its annual report on profit and loss, total sales, loans etc. 2. External Sources :- ------------------------------ The data collected from outside the organisation. * Example :- ----------------- data can be collected from primary as well as secondry data.

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ACCOUNTANVY:- DK GOEL BUSINESS STUDIES:- RK SINGLA ECONOMICS:- TR JAIN AND VK OKHRI ENGLISH:- NCERT MATHS:- NCERT PHYSICAL EDUCATION:- SARASWATI PUBLICATION

Microeconomics:- class 11 Macroeconomics:- class 12

The main focus of the economic policies pursued by the colonial government was to make India a supplier of raw materials to britain's industries and make India a market for finished goods that will be imported from Britain.
The impact of the economic policies were :

1. There was low level of economic development as the colonial government was concerned with their own economic interest and of their home country and not about the growth and development of the Indian economy.
2. Agricultural backwardness: Under the colonial rule, zamindari system was followed. Due to this system the farmers were exploited and no efforts were made to develop the agricultural sector as a result there was low productivity.
3. The industrial sector suffered as the policies made India a supplier of cheap raw materials to britain's industries and a market for finished goods that was imported from Britain.  There was a fall of Inida's famous handicraft industry. 
4. There was unfavourable foreign trade as there was British monopoly over India's exports and imports.  Also the surplus earned from foreign trade was not used for the development of the Indian economy but for the interest of themselves. 

The value of all final goods and services produced in all sectors during a particular year is known as gross domestic product..
The total income of a country divided by it's population is known as per capita income...

No

A budget set or a set of opportunities incorporates all feasible utilisation bundles that someone can manage provided the cost of commodities and the person’s earning degree. The budget set is always bounded above by the budget line. Graphically, all the utilisation bundles that lie inside the budget restriction and on the budget restriction form the budget set or set of opportunities.

Statistics refers to the aggregates or averages that relate to an enquiry or some relationship. Such aggregates facilitate the presentation of data in a simplified manner. Besides presentation, statistics also enable a reader to make comparison among two or more variables. On the contrary to this, statistics also involve some limitations which often lead to the situation of distrust on statistics and its methods. Such limitations evoked ‘Mark Twain’ of U.S. to introduce a phrase called ‘Lies, Damned lies and Statistics’. This phrase was introduced to highlight the shortcomings (limitations) associated with statistics.

The following are the limitations which resulted in mark of statistics as a lie:

• The users of the statistics usually tend to manipulate the data to support their already drawn conclusions, which leads to the situation of distrust and the process of data manipulation.
• The statistical figures are made so convincing that people feel bound to trust on such figures.
• The readers are often mislead by the way of presentation of data (even if correct). For example, if per capita income of the country increases then it represents the readers to be convinced that the income of all the people in the economy increases. However, if the distribution of income in the economy is inequitable then the income of only a section increases while the other section of population lives in poverty.

Indian Eco development

Hm future nhi dekhte hai...we are not astrologer....

What is happening in the future

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