Water shortage may be next cause of world war While much attention and debate have been correctly focused on the impending planet-wide oil shortage‚ a far greater calamity awaits us as the reality of the looming global water crisis becomes more apparent. It is not unreasonable to wonder whether the next world war will be fought over oil or water. No resource on Earth is more precious than water. While ongoing events draw our attention to oil‚ we ignore what will become the most serious resource
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The Shortage of Nurses: Nursing and a Nurse is one of the most important components of the health care hierarchy in that they see to the moment to moment care needs of patients after the doctor has performed his diagnosis and or services. Their responsibilities broach a wide spectrum of services with one of the most important being the administration of acute care. This type of care is one rung below critical care‚ however it is just as important in the recovery of a patient. The shortage of nurses
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Introduction to Economics Write an essay in which you describe/evaluate how the production possibility curve helps to illustrate fundamental economic concepts. In this essay‚ I am going to evaluate the second important fragment of economics- Production possibility curve or simply PPF. The importance of understanding the method and analysing elementary economic diagrams is significant for progressing into more depth and other essential parts of the learning of economics. The starting point
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Environmental Economics : Some Basic Concepts 1. Welfare economics Welfare economics is a branch of economics that uses microeconomic techniques to evaluate economic well-being‚ especially relative to competitive general equilibrium within an economy as to economic efficiency and the resulting income distribution. associated with it. It analyzes social welfare‚ however measured‚ in terms of economic activities of the individuals that comprise the theoretical society considered. As such
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Analyze the differences between ethical concepts‚ principles‚ theories‚ and tradition Mizzoni (2010) explains that understanding the distinction between ethical concepts‚ principles‚ theories‚ and traditions is part of the framework that may help one answer the philosophical problem about right and wrong. These terms will be briefly described and analyzed below. Ethical concepts Ethical concepts are described as the most basic building blocks of ethics (Mizzoni‚ 2010). They are thoughts or notions—
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Nursing Shortage Nursing Shortage Abstract Healthcare industry in United States has always been passing with the issue of shortage of Healthcare professionals . Many of these positions are filled by professionals from different countries . Nursing shortage has been a huge concern since many years and expected to continue in coming years. In past years‚ country had been dependent on supply of nurses from several parts of the world but alarm had already rang and focuses are made to produce
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physician shortage that our legislators‚ health officials‚ and medical professionals must address. To ensure that quality medical care is not harshly impacted‚ the hospitals and public health leadership‚ in general‚ will need to tackle the nursing shortage with solid long-term solutions. It is no secret that the United States faces a critical nursing shortage‚ a trend that potentially threatens to undermine quality medical care. One single area of concern does not affect the shortage. In fact‚
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Concepts in Macroeconomic Analysis Stock and Flow Variables Stock: quantity of a variable at a point in time. Eg: Capital stock‚ money supply‚ unemployment level‚ foreign exchange reserve‚ etc. Flow: quantity expressed for a period of time. Eg: GDP‚ inflation‚ exports‚ consumption‚ etc. Aggregate Demand and Aggregate Supply Aggregate Demand: sum of demands for all consumer goods and services and for capital goods – Sum of consumption‚ investment‚ government expenditure and
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1. Human wants.—Two characteristics of human wants possess great importance in their bearing upon the production and consumption of wealth. First‚ there seems to be no limit to the number of wants of which a human being is capable. This is one reason why most people find saving so difcult; any growth of income is speedily outdistanced by the growth of wants. This characteristic also ex-plains why a general overproduction of wealth is impossible; there may be too much of one thing but not too much
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Abstract In this essay I will assess how the role of scarcity takes place in our economy and in our daily life‚ and also I will describe how different political and economic models have developed to solve the problem of scarcity. In addition‚ I will talk about the role of the government in today’s economy‚ and I will compare and contrast capitalism vs. Corporatism. To do so it will rely on key economic concepts such as; incentives‚ opportunity cost‚ graphs‚ and to do so the essay
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