Economy, asked by rounak8448, 1 year ago

explain what will be the likely impact of banned the article 370 act of Government of India in Kashmir on its production possibility curve ​

Answers

Answered by xivya
0

Answer:

PPC curve should be shift to upward because.

  1. Increase Human resources
  2. Introduced technology
  3. Effective use of resource.

Attachments:
Answered by hotelcalifornia
0

Answer:

The PPC (Production Possibility Curve) should rise upwards with the ban on article 370.

Explanation:

Article 370 was the primary restriction faced by any outsider to buy a property in Kashmir. Hence Kashmir used to only be inhabited by locals and people who were permitted to buy land there.

This resulted in the lack of business in the state as there were very few people with the excess of property and hence trade couldn’t be conducted. With the ban on article 370 the ban on property has gone up and this has encouraged many people to buy land and conduct business in the state.

When the business will be conducted, the profits will increase and the state will see a rise in its development and technological advancements. This, in turn, will result in the rise of PPC.

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