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First Edition : 2020        © Maharashtra State Bureau of Textbook Production and
                                                Curriculum Research, Pune - 411 004.
                                              The Maharashtra State Bureau of Textbook Production
                                              and Curriculum  Research  reserves all  rights  relating  to
                                              the  book.  No  part  of  this  book  should  be  reproduced
                                              without the written  permission of the Director,  Maharashtra
                                              State Bureau of Textbook Production and Curriculum
                                              Research, ‘Balbharati’,  Senapati Bapat Marg, Pune 411004.





                Economics Subject Committee:                  Illustrations and Cover :
                                                              Shri Bhatu Ramdas Bagale
                Dr. Manjusha Musmade (Chairperson), Pune
                                                              Translation Coordination :
                Mrs. Sunita Sunil Kamte, Mumbai
                                                              Shri Ravikiran Jadhav
                Shri Rajendra Fakir Wekhande, Thane           Special Officer (Economics)
                Mrs. Shital Sampat Nimase, Ahmednagar         Typesetting :

                Miss. Archana Shriniwas, Mumbai               DTP Section, Textbook Bureau, Pune
                Shri Ravikiran Jadhav, Member-Secretary       Paper :  70 GSM Cream wove


                                                              Print Order :

                                                              Printer :
                Economics Study Group:

                Shri Subhash Rajdhar Patil, Jalgaon

                Mrs. Usha Bhaskar Kale, Kolhapur
                                                                            Production :
                Mrs. Shobha Subhash Nagare, Nashik
                                                                    Shri Sachchitanand Aphale
                Mrs. Swati Milind Wagh, Mumbai                        Chief Production Officer

                Shri Raghunath Narayan Patil,                           Shri Liladhar Atram
                Kolhapur
                                                                          Production Officer
                Shri Sharadkumar Uttam Shete,
                Sindhudurg
                Mrs. Vandana Dilip Patil, Pune
                                                                             Publisher :
                Mrs. Kavita Vilas Pol, Kolhapur
                                                                      Shri Vivek Uttam Gosavi
                Dr. Sudhakar Ramkrishna Kute,                                 Controller
                Aurangabad                                           Maharashtra State Textbook
                Shri Kashiram Parshuram Bawisane,                        Bureau, Prabhadevi,
                Buldhana                                                  Mumbai - 400 025
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