Table of Contents 1. Historical Background to Venezuela’s Oil 1.1. Before the discovery of oil 1.2. Oil is found 1.3. Oil as a major government issue 1.4. Where is the oil-revenue spent to? 2. Consequences of Oil Dependency on the Economy 2.1. Introduction 2.2. Oil dependence and the Economy 2.2.1. Oil Price 2.2.2. Currency 2.2.3. Other Sectors of the Economy & Overall Economic Growth 2.2.4. Impact on Society 3. Effects of Oil Dependence on Importing
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Inflation : measurement ‚ causes and consequences Measuring Inflation The main measure of inflation is the consumer prices index (CPI) : a measure of changes in the price representative basket of consumer goods and services . Differs from retail prices index (RPI) in methodology and coverage. - It forms the basis for the inflation target that the government requires the Bank of England’s Monetary Policy Committee to achieve. - It is also the main measure used in the rest of the European
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the consequences of modernization for Japan The modernisation of Japan was an all or none matter. Either every aspect of the country had to be modernized to some extent‚ or no single aspect could be modernized. The four main aspects of Japan’s modernisation were industrialisation‚ political modernisation‚ education reform and military development. These four aspects had severe political‚ economic and social consequences on Japan. Some of the main political‚ economic and social consequences derived
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Written Analysis #3 The Consequences of The Seven Years War “It is truly a miserable thing that we no sooner leave fighting our neighbors the French‚ but we must also fall to quarreling amongst ourselves and the English.”(Quote by Reverend Samuel Johnson of Connecticut‚ 1773.) The Seven Years War also known as the French and Indian War dominated colonial America for nine years from 1754-1763‚ causing many consequences after it ended. Some of these consequences caused rebellions‚ new laws‚ native
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In the article from LA Times on March 1‚ 2013‚ “Sleep Deprivation has genetic consequences‚ study finds” Eryn Brown states that people who have lack of sleep have higher risk of disease. Brown says that people who lack more sleep than others shut down genes that heal the body and are more likely to be obese‚ suffer from “cardiovascular woes”‚ and can have several diseases. She supports her claim by using types of evidence by a study conceived by scientists‚ then the statistics of people that are
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The Globalisation Debate: Arguments and Consequences Globalisation has been a hot topic for academic and political debate for decades now. There is often disagreement on many aspects of globalisations from its conceptualisation to whether or not its effects are positive or negative. For the purpose of this essay‚ the debate concerning the issue of historical continuity or distinct change is examined. Accounts of globalisation differ tremendously in regards to whether globalisation is considered
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previous legislation on the subject and made the members of the Convention susceptible to the same treatment as everyone else. Where they had once been immune to being convicted of a crime‚ they now could be. The enactment of this law had important consequences politically. It made Robespierre and the Committee rulers. As the death rate in the Terror accelerated‚ and members of the Convention began to feel more and more threatened‚ a plan was devised to overthrow Robespierre.
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supervision of others‚ knowledge is acquired via social observation and learning from other people‚ well-being and happiness are promoted by connecting with other individuals‚ and so on. Sociality is a dominant force. Studies have shown that the consequences of social isolation can be considered equivalent to that of everyday smoking. This paper will be exploring less severe effects that can be attributed to social exclusion: loneliness and lowered self-esteem‚ on which an observation and a relevant
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There were several main causes and consequences that led up to the War of 1812. The War of 1812 often referred to by some as being the second war against England for Independence or the Forgotten War. America was young and faced conflict for wanting neutral rights‚ the freedom of trade‚ and the right to remain neutral. But not all felt the same and America was divided. America’s northern states bared the brunt of England’s wrath of targeting the shipping industry; while the southern states suffered
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I think that it is paramount‚ when discussing policies or programs that can have significant ethical consequences‚ that you rank the three P’s as follows: principle‚ power and profit. When these P’s aren’t taken into consideration‚ in the right order that is‚ we witness acts such as those mentioned in the lecture. This week’s lecture highlighted ’The Belmont Report’ which holds the ethical principles of respect for persons‚ beneficence and justice‚ as what should guide researchers ethically. When
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