Agribusiness Definition: Understanding, Examples, Diagram

Agribusiness Definition: Understanding, Examples, Diagram

What is Agribusiness? Agribusiness is the sum total of all operations involved in the manufacturing and distribution of farm supplies; production operations on the farm, the storage processing, and distribution of farm commodities and items made from them. Agribusiness is just the name implies – agriculture in business. The agricultural process has changed a lot…

Economics Definition: Examples, Types, Theories

Economics Definition: Examples, Types, Theories

Definition of Economics Economics, a social science, deals with the production, distribution, and consumption of goods and services. It studies how society allocates resources in order to achieve growth with maximum human satisfaction. The word ‘economics’ comes from two Greek words, ‘eco’ meaning home and ‘nomos’ meaning accounts. Economics is the study of choice under…

Remittance: Definition, Understanding, Examples, Process

Remittance: Definition, Understanding, Examples, Process

What is Remittance? Generally speaking, sending money from one account to other as a payment or gift is called remittance. Particularly, remittance is used when a migrant worker working abroad sends money to his/her family or friends back to the origin country for non-commercial purposes. The origin of remittance is remit which means to send…

Sustainable Development Goal: Targets, Achievements, Way forward [2021]

Sustainable Development Goal: Targets, Achievements, Way forward [2021]

Everybody deserves equal opportunity, progress and a quality lifestyle. But, the world is full of uncertainty, impartiality and discrimination. Every country tries to be ahead of others in every aspect but some reached at the very top and some are still at the bottom. If we consider the human being as an overall community without…

What If Petrol and Diesel Come Under GST Regime in India? [2021]

What If Petrol and Diesel Come Under GST Regime in India? [2021]

Since the introduction of GST in 2017, the debate for the inclusion of petroleum products like diesel, petrol, natural gas, crude oil has been ongoing. The gravity of the debate increased drastically when the price of these petroleum products reached a value that people did not think of before.Petroleum products play an important role in…

What is Cryptocurrency? How does it work? Challenges associated with it.

What is Cryptocurrency? How does it work? Challenges associated with it.

Nowadays it a burning question what is cryptocurrency? As the word is gaining popularity at a rapid pace through news portal and social media. Cryptocurrency is an encrypted digital currency. Blockchain technology and highly encrypted method are used to generate units of currency and to verify the transfer of funds. Individuals can buy, sell, transfer…