Image from Google Jackets

Social aspects of savings

By: Material type: TextTextPublication details: Bombay; Popular; 1967Description: 189 pSubject(s): DDC classification:
  • 339.43 DES
Summary: Saving has assumed greater importance in the economic development of the country although the phenomenon of saving is by no means new. The vital role of saving in the economic progress of a country was well understood by the economists and philosophers throughout the centuries past. In the general treatise on economics, the phenomenon of saving is mainly dealt with from the point of view of income, invest ment, trade cycle, taxation, financial insti tutions and economic motives. Recently saving has been studied as the main source of domestic capital formation, which enhances the economic development of the country. In a dynamic economy saving acquires a particular significance. However, saving is not only economic phenomenon but it has sociological impli cations also. Unless and until an individual has some incentive to save, some motive or purpose to serve by saving, he will not save. The motive or purpose or incentive to save is essentially sociological and psy chological rather than economic. This study reveals that incidence and volume of saving depend upon the age of the house holder, age of the wife of house-holder, and the size of the family. Further, the sociological and psychological aspects have a greater bearing upon mobilisation of resources for development and defence. This volume deals with the sociological factors, and studies in detail the pattern of saving in rural and urban India under social set up. The study reveals new insight and gives a new dimension to the problem of saving.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Call number Status Date due Barcode Item holds
Donated Books Donated Books Gandhi Smriti Library 339.43 DES (Browse shelf(Opens below)) Available DD724
Total holds: 0

Saving has assumed greater importance in the economic development of the country although the phenomenon of saving is by no means new. The vital role of saving in the economic progress of a country was well understood by the economists and philosophers throughout the centuries past. In the general treatise on economics, the phenomenon of saving is mainly dealt with from the point of view of income, invest ment, trade cycle, taxation, financial insti tutions and economic motives. Recently saving has been studied as the main source of domestic capital formation, which enhances the economic development of the country. In a dynamic economy saving acquires a particular significance.

However, saving is not only economic phenomenon but it has sociological impli cations also. Unless and until an individual has some incentive to save, some motive or purpose to serve by saving, he will not save. The motive or purpose or incentive to save is essentially sociological and psy chological rather than economic. This study reveals that incidence and volume of saving depend upon the age of the house holder, age of the wife of house-holder, and the size of the family. Further, the sociological and psychological aspects have a greater bearing upon mobilisation of resources for development and defence.

This volume deals with the sociological factors, and studies in detail the pattern of saving in rural and urban India under social set up. The study reveals new insight and gives a new dimension to the problem of saving.

There are no comments on this title.

to post a comment.

Powered by Koha