Inflation
Inflation is a sustained increase in the aggregate price levels. It refers to a state of rising prices and not a state of high prices. The types of inflation observed in an economy depend on the rate of increase in the price levels
ICSE Notes
Urine ~ Formation, Excretion, Properties
Urine is the yellowish liquid waste containing water and waste products that is secreted by the Kidneys, ammonia-like smell due to bacterial activity.
The Urinary System
The urinary system removes Waste products by filtering and cleansing the blood as it passes through the kidneys. The Urinary System regulates the volume, acidity, salinity, concentration, and chemical composition of blood, lymph, and other body fluids.
Public Expenditure
Public expenditure is the expenditure incurred by the government of any nation. Any government incurs a large amount of expenditure for the welfare of the nation, for activities such as the development of roadways, education, irrigation systems and to maintain law and order.
Theory of Supply
The supply of a commodity is the quantity of the commodity which producers desire to sell to consumers. Thus, it is a desired flow. It indicates how much firms are willing to sell per period of time and not how much they actually sell.
Factors of Production
Factors which are used to carry out the process of production are called factors of production. In the modern economy, economists classified these factors into two categories.
Central Banking
A Central Bank is the apex bank which controls the entire banking system of a country. It has the sole
authority to issue notes in that country. It also acts as a banker to the government and controls the supply of money in the country.
Meaning and Functions of Money
Money is a thing which is commonly accepted as a medium of exchange. Money is an instrument which serves as a medium of exchange, a measure of value, a store of value and a standard for deferred payments.
Hygiene ~ A Key to Healthy Life
The science and practice of maintaining good health is known as hygiene. The main factors which contribute to personal hygiene and good health are
Skin ~ Functions, Structure, Components
The skin is the largest organ of the body. Lowermost layer of the skin which contains adipose tissue, Insulates the skin, acts as a shock absorber and anchors the skin to the underlying bones and muscles.