Question

Discuss merits and demerits of war time economy.

Answer 1

Answer: merits and demerits of war time economy.

Explanation: Merits means advantages of a particular thing whereas demerits means the disadvantages of the thing. The difference between merits and demerits is that merits are the strengths of anything be it a policy,law, agreement, action. They show what benefits it has and how it can be gainfully used.

Merits of Median and Demerits. Merits of Median : Median is the middle value of the distribution  median of a distribution is the value of the variable which divides it into two equal parts.  It can also be computed in case of frequency distribution with open ended classes.