In the 1930s Sweezy developed the kinked demnd curve in an attempt to explain why prices in oligopolistic industries apparently remained rigid despite moderate changes in cost and demand conditions.
Leasing has grown by leaps and bounds in the eighties but it is estimated that hardly 1% of the industrial investment in India is covered by the lease finance against 40% in USA and 30% in UK and 10% in Japan.
Hire-purchase means purchase on an installment plan. The credit involved in the installment plan is provided by financial Institutions.
Leasing is a form of rental system. So, the main functions of leasing companies is to lease out equipments as rent to industrial companies.
Capital markets all over the world have been witnessing the dazzling development of derivatives. A derivative or derivative security is a financial instrument..
Capitalism has an inherent tendency to expand the productive capacity of consumer goods faster than the demand..
As an economy grows it will undergo some structural changes..
A modern American economist Prof.Walt Witchman Rostow is well known for his..
Marxist theories of crisis have been elaborated for the industrialized capitalist system of the centre countries.
Mankind has been living in the world for about two million years. For the major part of these long ages of human existence,..
Marxist State theory can provide a powerful critical and analytical in the interpretation and interrogation of actually...
According to mercantilists there are two types of value,viz,
1. Intrinsic value and...
One important recent development in the field of industrial organization is...
There are three broad social formation may be identified, they are,
1. Pre-Capitalist,...
According to Paul M.Sweezy,every antagonistic socio economic formation pass through several stages in its development. At the atage of its rise,economic relating are...
The term ‘imperialism’ means political occupation or domination of one country by another.
