Grade XII : Factors Influencing and Driving the Economy
19 Jul 2017 | 2017, Senior Secondary
The students of Grade XII learn that there are many factors that influence and drive the economy.
While on the topic of National Income, Ms. Rashmi Sharma, engaged the Students of Grade XII in a chart activity to help them understand the precise and accurate relationship between GDP and NDP the two terms associated in economics used to measure the economic health of a country. They also learned about the circular flow of income in the two sector economy and came up with innovative ideas during this activity.