A continuous rise in the price level is called [#1660]

Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.

---

Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.

Adam Smith

---

Adam Smith

Microeconomics

---

Microeconomics

The major crop cultivated in the Brahmaputra Valley of Assam is rice (paddy).

---

The major crop cultivated in the Brahmaputra Valley of Assam is rice (paddy).

Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.

---

Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.

The Indus Valley Civilization was Non-Aryan because it was Urban. Harappan Civilization is also known as The Indus Valley Civilisation. It was a Bronze Age civilisation mainly in the northwestern regions of South Asia, extending from what today is northeast Afghanistan to Pakistan and northwest India.

---

The Indus Valley Civilization was Non-Aryan because it was Urban. Harappan Civilization is also known as The Indus Valley Civilisation. It was a Bronze Age civilisation mainly in the northwestern regions of South Asia, extending from what today is northeast Afghanistan to Pakistan and northwest India.

Rise in general price index

---

Rise in general price index

Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.

---

Lionel Robbins is the author of An Essay on the Nature and Significance of Economic Science. The book was first published in 1932.

Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.

---

Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.

Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.

---

Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.

Agriculture is the dominant sector in Assam's economy, employing a large portion of the workforce and contributing significantly to the state's revenue. The state is particularly famous for its tea production, but also cultivates rice, jute, sugarcane, oilseeds, and various fruits and vegetables. A large percentage of Assam's rural population relies on agriculture for their livelihoods. While other sectors are growing, agriculture remains the backbone of the state's economy.

---

Agriculture is the dominant sector in Assam's economy, employing a large portion of the workforce and contributing significantly to the state's revenue. The state is particularly famous for its tea production, but also cultivates rice, jute, sugarcane, oilseeds, and various fruits and vegetables. A large percentage of Assam's rural population relies on agriculture for their livelihoods. While other sectors are growing, agriculture remains the backbone of the state's economy.