To develop the rural sector, we need to focus on alternative options related to agriculture. Diversification means having other alternative options. The need for agricultural diversification arises from the fact…
In the late 1950s and 1960s. Pakistan introduced a variety of regulated policy framework for import substitution industrializing.
We have discussed factors of production; there are four factors of production – land, labor, capital, and entrepreneurship. Our today’s focus is on the types of capital in the production…
Infrastructure refers to the social and organizational structures like buildings, power supplies, roads, street lights, etc. Basic infrastructure such as railways, ports, water transport, posts, and telegraphs development met the British interest.