Indian economy is set to expand at the world's fastest rate over the next 50 years to emerge as a major force globally, but it would still rank as the second worst in terms of prosperity of its citizens.
Over the 50-year period between 2011-2060, India will register an annual economic growth rate of 4.9%, as per a latest report by Paris-based international grouping of the world's leading economies, the Organisation for Economic Cooperation and Development (OECD).
India's per-person GDP (measure of well-being of a country's citizens) will also grow more than 7-fold during this period, but the country will still rank at second place from the bottom by 2060 in absolute terms, said the report.
<span>The point at which supply meets demand and all of a product will usually be purchased is known as what? Equilibrium.</span>
<span>Equilibrium in economics is focused on supply and demand being the same. Balance is key with equilibrium because that's when the two sides are equal and the demand meets the supply on hand.
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Answer:
In case a vehicle equipped with intelligent all wheel drive begins to lose traction, the system can direct the excessive power of the engine towards the wheels to help the driver gain back control over the vehicle.
Explanation:
- The all wheel drive technology found in the modern automobile is capable of powering all the for wheels with the power dispensed by the engine.
- This technology offers better grip and traction on inclined slopes as all the four wheels receive the power required to keep the balance of the vehicle, directly from the engine.
Answer/Explanation:
An irrigation system represents a stable food supply because it is how they controlled water to be able to plant crops. A second most important artifact that is in the category of stable food supply is the plow. Agriculture produced enough food that people became free to pursue interests other than worrying about what they were going to eat that day.
<u>Schema </u>is the mental structure that aids in the processing and interpretation of information.
Schema is a cognitive tool. It is the mental structure that individuals use for processing and interpretation of information. This guides cognitive processes and accompanying actions.
Through the schemata, people categorize things and situations around them based on some common features and elements, using these classifications then to understand and predict their world.
Sensory and conceptual information is processed, classed, and stored within these mental structures. This cognitive faculty helps one to function in the world by helping us understand things and events, and make conclusions and predictions about different circumstances.
Schemata includes the worldview, stereotypes, and rubrics one has.
To learn more about the Schema: brainly.com/question/1234001
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