Abuse (Political Corruption) Abuse‚ within the context of political corruption‚ is the wanton neglect of duty in the pursuit of other motivations. More specifically‚ it is the use of influence or power for a purpose not originally intended‚ as judged by law‚ pragmatism‚ and culture. In order to categorize an activity as an abuse‚ there needs to be either a breach of jurisdiction or a breach in the extent a power is exercised within the correct jurisdiction. For example‚ in Bai Ganyo: Incredible
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There were many reasons for the American Revolution. Two of them were the economic and political changes that the colonies were going through. Only the southern colonies were bound to England by the tobacco trade and the New England and Middle Colonies‚ unable to find markets in Britain. Any attempt to stop this trade would lead to rebellion and consequentially ensued. This was a restriction upon economic prosperity of the New England colony. England had put lots of pressure on the colonies and the
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The profound economic change that occurred in the early 1900’s was largely influenced and formed by the industrial revolution‚ in particular the second wave that occurred in the late 1800’s. The revolution as a whole resulted in the change from economies based on agriculture and farming‚ to industry based profits. This second wave of the revolution not only refined and improved the prior inventions of iron and coal‚ but brought with it new highly developed technologies such as steel‚ electricity
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2. Why isn’t money consider a capital in economics? Capital is a physical asset‚ which can be used to produce goods and services. Money is related to capital‚ in that it can be used to purchase capital‚ but it is not itself capital. The distinction is important if you consider that money can be created or destroyed through the expansion or contraction of credit‚ but this does not create or destroy any real capital. Money is capital. Money is the most common form of capital. Raising capital money
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Terms and Definitions related to Economics Administered price: A price set not by the forces of demand and supply‚ but by some authority like the Government or a regulatory authority. Agenda 21: Programme of action adopted at the Earth Summit in 1992. It has 21 chapters dealing with all aspects of sustainable development‚ conservation‚ and resource management. Appropriation Bill: A bill introduced in the Parliament together with the budget‚ seeking the approval of the House to permit expenditure
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. THE ECONOMIC PROBLEM AND ECONOMIC SYSTEMS The economic activity of a society consists of activities related to the production and consumption of goods and services. Since earliest times‚ the primary function of organized society has been economic in nature. The other elements of civilized society -- architecture‚ literature‚ music‚ etc. -- emerge only after the material needs of the society have been amply provided for. Poor societies do not build great pyramids‚ erect magnificent cathedrals‚ or
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Chapter 14 Factor analysis 14.1 INTRODUCTION Factor analysis is a method for investigating whether a number of variables of interest Y1 ‚ Y2 ‚ : : :‚ Yl‚ are linearly related to a smaller number of unobservable factors F1‚ F2‚ : : :‚ Fk . The fact that the factors are not observable disquali¯es regression and other methods previously examined. We shall see‚ however‚ that under certain conditions the hypothesized factor model has certain implications‚ and these implications in turn
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The Political‚ Economic and Social Aspects the Enlightenment The Enlightenment‚ also known as Age of Reason‚ was a cultural movement that spread through England‚ France‚ Germany‚ and other parts of Europe. The Enlightenment mainly focused on mathematics‚ science‚ art‚ philosophy‚ politics and literature in the 1700s. This movement took away the fear of the world and the medieval views that were placed upon the people for so many years‚ and it also opened their eyes to new ideas and reason. Old
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Economics is the social science that studies the behavior of individuals‚ households‚ and organizations (called economic actors‚ players‚ or agents)‚ when they manage or use scarce resources‚ which have alternative uses‚ to achieve desired ends. Agents are assumed to act rationally‚ have multiple desirable ends in sight‚ limited resources to obtain these ends‚ a set of stable preferences‚ a definite overall guiding objective‚ and the capability of making a choice. There exists an economic problem
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Review of Related Literature A. Unhealthy sleep habits Not sleeping enough and not sleeping well is not OK. As a matter of fact‚ there is quite a price to pay. It may surprise you to learn that chronic sleep deprivation‚ for whatever reason‚ significantly affects your health‚ performance‚ safety‚ and pocketbook. There are many causes of sleep deprivation. The stresses of daily life may intrude upon our ability to sleep well‚ or perhaps we trade sleep for more work or play. We may have medical
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