Introduction The 1920s was a decade of significant economic development for both the United States and the Soviet Union, albeit with vastly different approaches. While the U.S. embraced capitalism and free-market policies, the Soviet Union pursued a centrally planned economy under communist ideology. These divergent economic policies shaped the trajectory of both nations and had…
The Dawes Plan, introduced in 1924, was a significant economic initiative aimed at stabilizing the German economy following the economic turmoil caused by World War I and the Treaty of Versailles. The plan, formulated by an international committee led by American banker Charles G. Dawes, sought to restructure Germany’s reparations payments, ease economic hardships, and…
Small Scale Industries (SSIs) are an integral part of Uttar Pradesh’s economy, contributing significantly to employment generation, regional development, and industrial diversification. These industries, by virtue of their flexibility, innovation, and ability to cater to diverse market demands, have played a key role in the socio-economic landscape of the state. Definition of Small Scale Industries…
Introduction Unemployment is one of the major socio-economic issues faced by India. It refers to the condition where people who are willing and able to work at the prevailing wage rate are unable to find suitable employment. The problem of unemployment not only leads to financial instability but also affects social harmony and economic growth….
Introduction In the fiscal year 2021–22, the Uttar Pradesh State Government introduced several new schemes aimed at bolstering the state’s socio-economic framework. With a budget allocation of ₹5,50,270.8 crore, including ₹27,598.4 crore dedicated to new initiatives, the government focused on areas such as agriculture, health, infrastructure, and employment. This analysis delves into the specific schemes…