Explain the Relationship between Education and Philosophy There is an extremely close relationship between education and philosophy. Education is basically a practical performance, and philosophy is a theory or thought. Education, as a matter of fact, is a continuous infinite series of actions. Philosophy is providing …
The Perspective and Philosophy of Education To know the past, present and the future problems of a teacher, the study of the history of education in general and that of the contemporary issues in particular is very much essential. Not only it plays an important role …
Explain Ricardian Theory of Rent According to Recardian Theory of Rent, land is not uniform is quality and as population rises more and more marginal land must come into use. The high cost of producing on the most marginal last will decide the price of grain. …
Basic Democracies System in Pakistan The democratic system in Pakistan for that matter in most of the newly independent countries where democracy was accepted as a working principle of government, was generally visualized in terms of parliaments, political parties and elections at national provincial levels. At …
Basic Democracies System 1959-70 On 27th October 1958, after a decade long political turmoil in the country, the army took over and General Ayub Khan became the chief Marshal Law administrator and Field Marshal. He was welcomed by the people of the country. On the first …
Stages of Evolution of Money There were many difficulties and inconveniences in the barter system, around the globe there was a need for accepted medium of exchange. With the passage of time many other types of money emerged for the purpose of exchange. Following are some …
The Law of Variable Proportions Definition The law of variable proportions shows a particular pattern of changes in output and is an explanation of short run production function where some factors remain unchanged. In the history of economics till the time of Alfred Marshall, there were …
Define The Law of Diminishing Return The law is also known as the law of increasing costs. It is one of the important laws of microeconomics. The law of diminishing return indicates that if the number of variable inputs is increased with some fixed inputs, the …
What is Law of Increasing Returns The law of Increasing Returns is also known as the Law of Diminishing Costs. According to this law when more and more units of variable factors are employed while other factors are kept constant, there will be an increase of …
