Feudalism is a political and economic system of governing and landholding. It is based on land ownership and personal loyalty. The feudal system is also based rights and obligations between people. People in the feudal system exchange their services and.Feudalism emerged in Europe during the Middle Ages due to political turmoil and chronic warfare. People suffered invasions from several groups‚ including the Magyars‚Vikings and the Muslims. This caused disorder and chaos and kings were unable to
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Chapter 1 Solutions to Practice Questions Questions for Review 2. The opportunity cost of seeing a movie includes the monetary cost of admission plus the time cost of going to the theater and attending the show. The time cost depends on what else you might do with that time; if it’s staying home and watching TV‚ the time cost may be small‚ but if it’s working an extra three hours at your job‚ the time cost is the money you could have earned. 4. Policymakers need to think about
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CHAPTER – THE STORY OF VILAGE PALAMPUR Q1. How did the spread of electricity help the people of Palampur? Ans: Electricity helped farmers in running the tubewells in the field and is also used for carrying out various small scale business in the village. The electricity run tubewells‚ irrigate larger areas of land in more effective manner that Persian wheels which were earlier used to draw water from the wells to irrigate the fields. Q2. What are the different ways of increasing the production
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1. Analyze two (2) current trends in health care that are affecting human resources management that may likely impact your hiring decision as HR manager. Provide support for your analysis. Small intro: Two current trends that would most affect hiring decisions for a Human Resource manager are; shortages of qualified physicians and nurses and the constant change in technology. Shortage of qualified physicians and nurses: There has been an increase in patients due to the Affordable Care Act and more
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How The Food System has affected Health Care cost? The Food Industry‚ Food Sector‚ Food Trade are a topic that in the United States economy is so essential and important to the all the activities we do in a daily basis. As we can see we are a nation that we are consumers by nature‚ and with the food industry‚ food sector and food trade is what gives the country the chance of growing as an economy to meet we the nutrition needed to sustain such a large population of individuals. In fact we can seemed
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1. What is considered one area where plays are judged as being successful or not? (p. 318-321) According to Cohen‚ an area that can be used to judge whether a play is a success or a failure is the social significance of the play (318). Social significance is described in the text as being how well the play can relate to various social issues‚ and the ability of the play to offer insightful views on those issues in a way that stimulates the minds of the audience (Cohen 318). 2. How does the text explain
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Chapter 1: Economics and Economic Reasoning What Economics Is: * Economics- the study of how human beings coordinate their wants and desires‚ given the decision-making mechanisms‚ social customs‚ and political realities of the society * Coordination- how the three central problems facing any economy are solved * The Three Central Problems of Economics Include * What‚ and how much‚ to produce * How to produce it * For whom to produce it * Scarcity- the goods
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CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Background of the Study In the generation today‚ drastic advancement of technology brought a great impact to humans’ life in different aspects. It became one of the basic things that needs in people’s daily lives. The appearance of technology offers many advantages to us. Specifically‚ the main aim of technology is to make ones’ life easier and convenient by providing useful and profitable things. Living in a century of new technologies‚ it is almost
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Assignment 1 - Business consultancy Task 1 - P1 Job description The job description is very simple; it shows the potential employee the basics of the role that he/she is applying for within the business or organisation. In this case it is an ARK ICT Technician for a school. The Starting Date is whenever the person wants to apply for the job‚ in this case its September 2014‚ the salary is anything from £15k - £20k for a statutory IT Technician and £20k - £28k for a Senior IT Technician. The hors
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How can alternative sources of energy be harnessed effectively? Finding Alternative energy sources is a significant issue from all over the world. In contemporary society‚ due to the lack of fossil fuels and environmental problems like air pollution‚ alternative sources of energy have being utilized widely for different domestic and industrial applications. Biogas is one of the alternative energy which instead of fossil fuels
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