National Income is defined as the sum total of all the factor incomes such as wages, rent, interest, and profits accruing to the factors of production in a given year. Since, GNP is produced by the joint efforts of factors of production, thus these factors have a legitimate claim on this...
National income at the current pricedoes not accurately reflect the economic status of the nation, as it is the monetary income and not real income. An increase in such income may occur due to a rise in the prices of goods and services, while there is no real increase in the number of ...
The impact of electricity access for development is confirmed by several scientific and applied case studies which revealed significant positive impacts, for example on household income, expenditure, health care, and educational outcomes [15–25]. In particular for grid [26], SHS [27] and mini-...
As of now, REDD+ is still in the infancy stage and has actually not yielded any substantial income or development for local communities, though expectations remain high. Its threats are evident, but REDD+ has much potential in showcasing the opportunity it holds if carried out through a ...