Definition of Economics The social science concerned with the efficient use of limited or scarce resources to achieve maximum satisfaction of human materials wants. Human wants are unlimited‚ but the means to satisfy the wants are limited. The Economic Perspective Scarcity and choice Resources can only be used for one purpose at a time. Scarcity requires that choices be made. The cost of any good‚ service‚ or activity is the value of what must be given up to obtain it.(opportunity cost)
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Physical Characteristics: What You Notice First Physical characteristics are defining traits or features about your body. The first thing you see when you look at someone could be their hair‚ clothes‚ nose‚ or figure. These are all examples of physical characteristics. To get good examples of physical characteristics you should look at a person’s face‚ how tall they are‚ and what they are wearing. For example: Build Characteristics * Plump * Stocky * Overweight * Fat * Slim
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1. What was the Japanese “economic miracle?” During World War II Japan engaged in war as an allied of the Nazi armies‚ and it counted with a strategic position to control the pacific. Its government‚ militarized and power thirsty started expanding its sovereignty around Southeast Asia and the Manchurian peninsula in China. But it was not until the attack on the American military base‚ Pearl Harbor‚ that the Japanese where condemn to suffer the consequences of pacific war. In the aftermath of
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locomotion‚ large brains‚ generalized teeth and diet‚ and occasionally complicated social organizations. The primate order is comprised of two suborders; the Strepsirrhini and the Haplorrhine. There are distinguishable characteristics between these two groups of primates. Some of the characteristics that define the Strepsirrhini are their rhinarium or wet nose‚ combo of nails and claws and toothcomb. The Strepsirrhini are the oldest living primates and an example of one is the lemur. While the Haplorhini are
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Describe the characteristics and motivations of gangs. Where‚ when‚ and why they became dominant? What characterizes successful gangs and how have they evolved over centuries? Give some examples of successful gangs throughout the history‚ and explain why they succeeded. Most gangs are established and motivated due to the need of protection; this protection can be for protecting the areas and street‚ which they live in or neighborhoods‚ with individuals of their culture or ethnic group. Also‚ gangs
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Characteristics of the 1920s Technology had a significant impact on the 1920s. Because of the development of assembly lines and other innovations‚ cars became one of the most important industries in the nation. This stimulated growth in the industries of steel‚ rubber‚ glass‚ tool companies‚ oil corporations‚ and road construction. As a result of the mobility of individuals that was made possible by the automobile‚ the demand for suburban housing began to boom. In the early 1920s‚ commercial
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Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter 1: The Fundamentals of Economics 2: Markets and Government in a Modern Economy 3: Basic Elements of Supply and Demand 4: Applications of Supply and Demand 5: Demand and Consumer Behavior 6: Production and Business Organization 7: Analysis of Costs 8: Analysis of Perfectly
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Characteristics of Jack Quotes: * “Jack planned his new face. He made one cheek and eye-socket white‚ the he rubbed red over the other half of his face and slashed a black bar of charcoal across from right eat to left jaw. He looked in the pool for his reflection but his breathing troubled the mirror. He looked in astonishment no longer at himself but at an awesome stranger.” - This quote shows jack as a religious allegory because Jack completely changed his look from a normal school kid to
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Economics Chapter 1 I. An Economic way of Thinking What’s Economics? - The study of choices people make to satisfy their needs and wants. - It is the study of how society choose to use it’s scarce resources to satisfy it’s unlimited needs and wants. Economists: - Someone who studies the choices that people make. - Someone who studies the economic theory and applies it to the real world. Economic Actions: 1. Micro-economic: Study of one single factor of economy. (Mobile co.) 2. Macro
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How to get the best results from VoIP In this project‚ the discussion will be on how to get the best results from VoIP. Firstly‚ use the four basic rules in selecting the right Codec. Rule one; using band with 64k or less one must use G.729‚ G. in choosing 723 or alternative one determines the right Codec to use for VoIP? In making the choice of what codec to use in VoIP‚ low bandwidth codec. Rule two; use the best codec possible by decreasing the Mean Opinion Score. Rule three; Use of more
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