developing countries

Inflation & Control Mechanism

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inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more Inflation & Control Mechanism

Ozone depletion

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Ozone (O3) is a molecule made up of three atoms of oxygen (O), and is mostly found in the strato- sphere, where it protects us from the Sun’s harmful ultraviolet (UV) radiation. Although it represents only a tiny fraction of the atmosphere, ozone is crucial for life on Earth. The stratospheric ozone layer forms a … Read more Ozone depletion