Economy — Page 14 Of 39

Rural-Urban Migration: Definition, Control, Causes & Effects

Rural-urban migration or drift (Urbanization) refers to the movement of people from rural to urban areas, the corresponding decrease in the proportion of people living in rural areas, and the ways in which societies adapt to this change.

StudyHQ February 17, 2022

Economics Government & Politics

Nationalisation: Definition, Features, Example, Merits & Demerits

The term nationalisation refers to public ownership and control of business enterprises formerly owned by private interests. In other words, nationalization may be defined to as the taking over of transfer from private to state or government, and the ownership and control of business enterprises for economic, social and political reasons.

StudyHQ February 7, 2022

Economics

Agriculture: Definition, Components & Systems of Agriculture

The word Agriculture is derived from two Latin words Ager and culture which means field and cultivation respectively. Agriculture therefore, is the tilling of the soil to produce both food and cash crops, livestock, etc.

StudyHQ January 29, 2022

Economics

Unemployment: Definition, Types, Causes, Effects & Concepts

Unemployment is a state of joblessness. An unemployed person is one who is available for work, is looking for work, but cannot find it. Unemployment means lack of employment. It is a mismatch in the labor market, where the supply of labor (by workers) is greater than the demand for labor (by companies).

StudyHQ January 27, 2022

Economics

Industrialization: Definition, Types, Stages & Features

‘lndustrialization’ is a deliberate policy by governments to create many industries in a country. The process of industrialization involves the production, increasing use of machinery and power tools, as well as the use of improved technology in production, all of which lead to a higher level of output of industrial goods.

StudyHQ January 26, 2022