Africa is the world’s second-biggest and second-most-crowded mainland. At around 30.2 million km2 including adjoining islands‚ it covers six percent of Earth’s aggregate surface zone and 20.4 percent of its aggregate area region. With 1.1 billion individuals starting 2013‚ it represents around 15% of the world’s human populace. Africa’s populace is the most youthful amongst every one of the landmasses; the middle age in 2012 was 19.7‚ when the overall middle age was 30.4. Algeria is Africa’s biggest
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Ch 13 Key Issues: Urban Patterns Key Issue 1: Why Do Services Cluster Downtown? Central Business District: downtown; area of a city where retail and office activities are clustered Va Beach CBD: Virginia Beach’s central business district is the Town center/Pembroke area. Its major retailer being the Pembroke Mall. There are many shops and buildings that allow for a range of activities. Those activities may include shopping brand-clothing to walking in the park. There are many office workers
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Kaleigh Tinsley AP Human Geography Mr. Lowe 5/28/2013 Globalization has many definitions in the concept of human geography‚ but there’s one that really sums it up perfectly: globalization is the world becoming more connected‚ through trade‚ financial flows‚ the exchange of technology and information‚ and the movement of people. Now‚ globalization affects many places in many ways‚ negatively and positively. One place especially: Africa. We all know Africa is a poor‚ underdeveloped country
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1. What do you understand by Managerial Economics? Give Definition and meaning of Managerial Economics. Economics is the branch of Knowledge that deals with how the scarce resources can be used to produce valuable goods and services and distribute them efficiently among different classes of people in the society. What is Managerial Economics? Douglas - “Managerial economics is the application of economic principles and methodologies to the decision-making process within the firm or organization
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What is Economics? Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. Since economics is a driving force of human interaction‚ studying it often reveals why people and governments behave in particular ways. There are two main types of economics: macroeconomics and microeconomics. Microeconomics focuses on the actions
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ECONOMICS CHAPTER 1 ECONOMIC WAY OF THINKING SCARE RESOURCES WEALTH OF THE NATIONS ECONOMICS: ADAM SMITH STAR CITY Scarcity Scarcity is the basic and central economic problem confronting every society. It is the heart of the study of economics and the reason behind its establishment. Authors have defined scarcity in various way some if which are complexly stated. One author defines scarcity as a commodity or service being in short supply‚ relatives to its demand (Kapur
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DEPENDENCY THEORY: - Economic development theorists over the last few centuries have developed models for explaining the “undeveloped-ness” of countries in the third world countries. From Durkheim to the International Monetary Fund (IMF)‚ we have‚ time after time‚ come to witness the rise and fall of development theories and their explanations for the predicament that many poor countries face. Dependency theory has (more so than others) lasted a great deal of time in the framework of the international
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Investment within a country can be seen as a vital component in terms of promoting economic prosperity. This essay is going to outline the importance of investment in terms of current and future economic activity by examining the effect of investment on growth and employment. The importance of the ability of the South African government to differentiate between private and public investment will be addressed by the use of a graph illustrating the investment rates of the private and public sectors
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Innovation and Regulation (vi) Failure of Global Corporate Governance Impact of the Economic Crisis on India (i) Offshoot of Globalized Economy (ii)Aspects of Financial Turmoil in India- Capital Outflow Impact on Stock and Forex Market Impact on the Indian Banking System Impact on IT Sector Impact on Industrial Sector and Export Prospect Impact on Employment Impact on poverty (iii) Indian Economic Outlook India’s Crisis Responses and Challenges (i) RBI’s Crisis Response (ii) Government’s
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the discount rate used to determine present values. Thus‚ all managerial decisions should be analyzed in terms of their effects on value‚ as expressed in this equation. Q1-3 Describe the effects of each of the following managerial decisions or economic influences on the value of the firm: A. The firm is required to install new equipment to reduce air pollution. New equipment installed will increase the operating cost. And the sales may increase if the customers have positive attitude to
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