1. WHAT IS CAPITAL FORMATION? ITS ROLE IN ECONOMIC DEVELOPMENT Capital formation is one of the major factors in economic development. It is the increase in the stock of both material and human capital by making available a part of society’s currently available resources. Capital formation results when some proportion of society’s present income is saved and invested in order to increase material as well as human capital. The meaning of capital formation is that socitey does not apply to the needs
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Word formation is the process of creating new words. The following word formation processes result in the creation of new words in English: Derivation‚ Back-formation‚ Conversion‚ Compounding‚ Clipping‚ Blending‚ Abbreviations‚ Acronyms‚ Eponyms‚ Coinages‚ Nonce words‚ Borrowing‚ Calquing. The following sections define and exemplify the related word formation processes of derivation and back-formation. Derivation is the word formation process in which a derivational affix attaches to the base
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FORMATION OF AGENCY QUESTION 2 Introduction Agency define which subsists between principal and an agent‚ where the agent has been authorized to act for the principal or represent him in dealing with others or 3rd party. Agent is person who is employed by the principal to do certain act for him to represent him in dealings with 3rd party. Principal is a person who authorizes the agent to act on behalf of him. There are five formation of agency‚ which is by express appointment‚ by implied appointment
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A. Definition of Back-Formation In etymology‚ back-formation is the process of creating a new lexeme‚ usually by removing actual or supposed affixes. The resulting neologism is called a back-formation‚ a term coined by James Murray in 1889. Back-formation is different from clipping – back-formation may change the part of speech or the word ’s meaning‚ whereas clipping creates shortened words from longer words‚ but does not change the part of speech or the meaning of the word. For example‚ the
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Give Your Full Attention to Character Formation 10th June 2010‚ Chennai‚ India For some time now‚ I have been deeply thinking about the reason for the slow progress of abhyasis‚ and in some cases even about the lack of their progress — total lack of progress. Of course‚ some are progressing well‚ but that too is perhaps more because of the personal attention that the Master gives them rather than by their own effort‚ and I am not referring especially to their spiritual practice but to their lifestyle
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CAPITAL FORMATION CAPITAL: Capital is defined as a physical reproducible factor of production. FOUR FACTORS OF PRODUCTION: LAND‚ LABOUR‚ CAPITAL & ORGINIZATION LAND Gets Rent==►LABOUR Gets Wages==►CAPITAL Gets Interest‚ ==►ORGANIZATION Gets Profit. CAPITAL FORMATION: is the act in which society dose not consume all of its income in day to day expenses but manages to save some of its income for farther investment (Output‚ Yield)Y = Consumption (C) + Saving (S) ==► (Investment) I Y =
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and economic benefits. There are five stages of group formation and this stages explains step by step on how the groups are formed from scratch. The five stages are forming‚ storming‚ norming‚ performing‚ and adjourning. The five stages were developed by Tuckman and Jensen based on theory of group formations. Tuckman and Jensen developed this theory during a movement‚ known as group dynamics and states that no matter what the variant of formation each group exhibits‚ these stages need to experience
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The formation of Malaysia Malaysia was formed in 1963 out of a number of former British colonies: the Federation of Malaya (comprising 11 states)‚ which had achieved independence in 1957; Singapore‚ which had been self-governing since 1959; and two territories in northwestern Borneo‚ Sarawak and Sabah (then known as North Borneo)‚ which by 1960 were well advanced on the road to independence. The newly elected government of Singapore was in favour of merging with Malaya‚ and in 1961 Tunku Abdul
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known as compared to the Merdeka Day. Malaysia day is the day to commemorate the formation of the establishment Malaysian Federation on 16th of September 1963. On this day‚ Malaya‚ North Borneo (now Sabah)‚ Sarawak‚ and Singapore (Singapore left Malaysia in 9th of August 1965 to form a new state) joined together to form Malaysia. From this day onwards‚ Malaya was known as Malaysia. At first‚ the formation of Malaysia was arranged to be on 1st of June 1963 but was later postponed to 31st of
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Formation of the Andes: The Andes is a young fold mountain range stretching from north to south in the west of South America. It is very high and steep running roughly parallel to the west coast. The Andes is formed by folding‚ a tectonic process taking place along the destructive plate boundary. The Nazca Plate which is an oceanic plate in the west is dragged to move towards the South American Plate which is a continental plate in the east. The force driving the two plates to collide is resulted
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