COLLEGE OF BUSINESS ADMINITRATION
OFFICE MANAGEMENT DEPARTMENT
OM 111
SPECIAL PROBLEM IN OFFICE MANAGEMENT
Nation’s Share of Capital
Nation’s Standard of Living
Per Capita Income
Health Care Services
Life Expectancy
Submitted to:
Prof. Ydia
Submitted by:
Reinalien Oliva
IV-DOM
Relative Standing Today from the Past to Today criteria: a.) Nation’s Share of Capital
Definition of “Share Capital”: Funds raised by issuing shares in return for cash or other considerations. The amount of share capital a company has can change over time because each time a business sells new shares to the public in exchange for cash, the amount of share capital will increase. Share capital can be composed of both common and preferred shares.
Gross Domestic Product (GDP)
The GDP is monetary value of all goods and services produced in a nation during a given time period, usually one year. Basically, it’s a tally of everything bought for money during the course of a year. Consumer purchases from a candy bar to a car are counted in the GDP. When business buy computer, farmers sell their crops, or a corporation exports goods overseas, the transaction all increase the GDP. Government spending, whether for a highway or a new bomber, also contributes to the GDP.
Gross National Product (GNP)
It is an additional measure of the size of the economy. It is the market value of final goods and services purchased by households, by government, and by foreign in current year. It uses slightly different criteria than GDP, and GDP is more often used for comparison of a nation’s economic progress against that of other countries.
GDP and GNP in the Global Economy
Due to factors such as technological advances, of trade barriers, and expansion of international financial markets, the world’s economies are more interconnected than ever before and the weakness of one can affect the health of them all. An internal crisis that affects the financial
References: The Impact of Globalization Determinants and the Health of the World’s Population Mario J. Azevedo and Barbara H. Johnson School of Health Sciences, Jackson State University, Jackson, Mississippi, USA Globalization for Development: Trade, Finance, Aid, Migration and Policy Golding Kenneth A. Reinert