combines sightseeing and seeking the cultural experience of the tribal communities of the tourist destinations (Cooper‚ 2005). Since ethno tourism greatly stimulated the economic development of the local communities‚ people think that ethno tourism benefits both the visitors and the local communities of the destinations. On the one hand‚ ethno tourism enhanced the cultural communication between different ethnic groups. However‚ it is also worthwhile to note the possible dangers to the environment might
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Should cannabis be legalised in Australia? Your response should provide a considered discussion of the advantages and disadvantages of both legalisation and criminalisation‚ which shows evidence of wide and varied reading. Cannabis‚ through the decades has changed dramatically from being an ancient herbal medicine to an illicit drug. Cannabis originated from Central Asia and was used as a healing agent‚ during rituals and as a spiritual euphoria. However‚ in most western countries this drug has
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Executive summary Market efficiency tests include weak‚ semi-strong and strong three forms. They assume that financial markets are "informationally efficient"‚ or that prices of trading assets‚ already reflect all known information and therefore are unbiased in the sense that they reflect the collective beliefs of all investors about future prospects. The weak form test is based on the past information and public available information for semi-strong while strong form covers not only the public
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1 (A)Explain the main characteristics of a market economy‚ also called the "free market economy" and "free enterprise economy" is an economic system based on the distribution of economic goods where private individuals own the factors of production (land‚ capital‚ labor and enterprise) and decide what to produce. Prices of goods and services are determined in a free price system guided by the function of demand and supply. For example‚ the price of thick jackets will drop in summer because there
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Discussion Board Question 7 THE CASE OF BRIAN B. AND THE MEDICAL FILE TEST Brian B. is taken into an exam room in the office of Dr. K. by the medical assistant‚ Amy. Amy gets into an animated discussion with Brian about their mutually favorite baseball team. As Amy leaves the exam room‚ she accidentally places Brian’s medical file on the counter. While Brian waits for Dr. K.‚ he reads through his file folder. He is shocked to discover that his recent test for AIDS came back positive. Brian
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16 chapter sixteen The Economy and Work How does change in the economy reshape society? What makes capitalist and socialist economies different? Why have the types of jobs available in the United States changed over the last fifty years? Here’s a quick quiz about the U.S. economy (Hint: All five questions have the same right answer): • Which business do 100 million people in the United States visit each week? • Which U.S. company‚ on average‚ opens a new store every day? • Which U.S. company
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Planned Economy to Market Based Economy. HELP University Ng Li Yin B1300613 Soo Chen Yan B1202965 Wong Li Chean B1202828 Centrally planned economy is an economic system in which the government makes almost all the decisions of a country’s economic activities (“Definition of ’Centrally Planned Economy ’”‚ 2014). For instance‚ government takes control on what goods and services is produced and how the resources are disseminated. The purpose of centrally planned economy is to
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ReportnReports.com China Boiler and Auxiliaries Industry Report‚ 2014-2018 estimates that China’s boiler industry will keep growing slowly in the coming years‚ with industrial boiler‚ HRSG (heat recovery steam generator) boiler and power station boiler market size to be 526‚600 T/h‚ 36‚000 T/h and 438‚700 T/h in 2018‚ respectively. In 2009-2013‚ with the implementation of the ban on coal in large and medium-sized cities‚ the demand for small-capacity coal-fired industrial boilers was appreciably reduced
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Understanding Indian Economy The economy of India is currently the world’s fourth largest in terms of real GDP (purchasing power parity) after the USA‚ China and Japan and the second fastest growing major economy in the world after China. India’s annual growth rate is above 8% while that of China is about 10%. India is a developing country and our economy is a mixed economy. In a mixed economy the public sector co-exists with the private sector. Dadabhai Naoroji is known as the Father
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An Analysis of the Decline of the World Market to the Philippine Economy It was but a deafening thunder when the world experienced the Global Economic Crisis. The most depressing about this issue is that most of the first world countries suffered a lot on this including United States of America‚ main parts of Europe and Britain. The recession affected much of every country’s economy. In the Philippines‚ it was declared that the economy is stable‚ though not really‚ is not yet in recession. Some
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