Questions

In 1861, civil war broke out in the USA. USA was the largest supplier of cotton to Britain. Once the civil war broke out, the demand for cotton from India became high and this led to a surge in cotton cultivation in India and there was a period of ‘boom’ then.In May and June 1875, peasants of Maharashtra in some parts of Pune, Satara and Ahmednagar districts revolted against increasing agrarian distress. The Deccan Riots of 1875 targeted conditions of debt peonage (kamiuti) to moneylenders.In 1879, the Agriculturists Relief Act was passed which ensured that the farmers could not be arrested and imprisoned if they were unable to pay their debts.

Two sub groups of Himalayan Rivers are Trans Himalayan Rivers and Himalayan Rivers.

• Trans Himalayan Rivers :

These rivers originate beyond the Himalayas. They are The Indus, The Sutlej and The Brahmaputra Rivers.

• Himalayan Rivers :

These are the rivers originate from Himalayas. They are The Ganga, The Yamuna and their tributaries.

Size of any array in c cannot be constantan variable.

Only if either demand or supply was either completely elastic or inelastic will the tax burden fall entirely on either the buyer or the seller. Between these 2 extremes, tax incidence varies continuously from a perfectly inelastic supply or perfectly elastic demand, where the sellers assumes the entire burden of the tax to the perfectly elastic supply or perfectly inelastic demand where the buyers bear the entire burden. To better see how the elasticity of supply and demand affects tax incidence, consider a 20% tax on a can of soda. Suppose the government decides that the buyer should pay the 20% tax. Does this mean that the buyers will be paying 20% more, or will sellers have to share some of the tax burden? Since higher prices decrease demand, regardless of the reason for the higher prices, sellers will share some of the burden. How much of the burden will be determined by the elasticity of supply and demand for the product?