What type of economy is the UAE. List the features that are typical of this type of economy and provide a detailed discussion as to why you have chosen this classification. The economy of a country is the economic systems of a country which consists of the labor‚ capital and land resources that it has. An economy has economic agents that are the consumption of goods‚ production‚ distribution and exchange. The United Arab Emirates is considered as an “open economy”‚ it consists in having economic
Premium United Arab Emirates Dubai
system attempt to allocate and make effective use of resources 2 2. Discuss the impact of social welfare and industrial policy initiatives on organizations. 3 3. Evaluate the impact of macroeconomic policy measures and the influence of the global economy on international-based organization and stakeholders. 4 B. Investigate the behavior of association and the market environment 5 4. Explain how market structures impact on the fruit association. 5 5. Use examples to illustrate the relationship between
Free Economics Macroeconomics Inflation
Body Paragraph What is the history of Major scale? At this time young musician people and children don’t know about this. They didn’t pay attention about history. But this story is very interesting and instructive. And all musician people should know this. ‘In ancient Greece‚ Pythagoras is attributed with using the prime intervals of the octave‚ the P5 and the P4 to break the octave into smaller harmonious intervals. Pythagorean tuning influenced music in the middle ages and Renaissance periods
Premium Piano Music Musical scale
The Stanford-Binet Intelligence Scale Robin Snyder PSY/525 October 22‚ 2012 Alyssa Oland The Stanford-Binet Intelligence Scale This paper will cover the historical significance of the Stanford-Binet intelligence scale. This scale was originally called the Binet-Simon scale. Albert Binet and Theodore Simon together created this scale. This scale was originally created for children. Intelligence testing became significant in the 21st century as it enabled mainly schools to
Premium Wechsler Adult Intelligence Scale Psychometrics Intelligence
Objective Objectives of the study are as follows: 1. To translate Social Connectedness Scale into Urdu language. 2. To assess factor structure and psychometric properties of scale. 3. To establish cross language validation of Urdu translation of Social Connectedness Scale. 4. To find out convergent and discriminant validity evidence. Phase I Translation of Social Connectedness Scale For translating Social Connectedness Scale into Urdu three guidelines recommended by Brislin (1980) was followed. The translation
Premium Sociology Linguistics Psychology
Barter economy The non-cash exchange of goods and services is known as barter. Bartering was common in earlier societies‚ but is rare in an advanced economy with a stable currency. Barter usually replaces money as the method of exchange in times of monetary crisis. This can occur when the currency may be either unstable or simply unavailable for conducting commerce. A barter exchange operates as a broker and bank. In this type of exchange each participating member has an account that is debited
Premium Trade Money Commerce
TERM PAPER IN MICROECONOMICS BY: MA. DAYANARA P. MANAIG TO: PROFESSOR JOYCE COLCOL Economy of the Philippines The Philippines is a developing country in South-East Asia. In 2004‚ it was ranked as the 24th largest economy by the World Bank according to purchasing power parity. The Philippines is one of the newly industrializing countries in the world. Important sectors of the Philippine economy include agriculture and industry‚ particularly food processing‚ textiles and garments‚ and electronics
Premium Philippines Economic growth Economics
Mixed economy Features 1. Co-existence of public and private sectors: Both public and private enterprises exist in this economic system. The role and areas of both the sectors arc well defined. The relative roles assigned to the public and private sector differ from economy to economy. But generally the public sector is expected to perform certain basic functions such as: (i) Development of economic infrastructures. (ii) To promote basic industries that require huge investment and are of
Premium Planned economy Economic system Economics
To what extent can Chandler’s model of large-scale‚ integrated managerial enterprise explain the long-term competitiveness of leading economies? Chandler`s model of large-scale enterprises is a way from and shift away from the ‘invisible hand’ model given by Adam Smith. Chandler`s model is an attempt to explain the developments in the second phase of industrial revolution where he tends to reason behind the enhancement of capital. In this context‚ he gave the concept of modern
Premium Starship Enterprise Management Industrial Revolution
INDIAN ECONOMY 01. Indian economy is world’s 9th largest economy on exchange rate basis and 4th largest economy on PPP basis in 2010 02. PPP is called as the purchasing power party 03. Purchasing power party is a theory and according to the theory – the exchange rates between currencies are balanced when their purchasing power is the same in each of the two countries 04. The main characteristics of Indian economy are – agrarian economy‚ mixed economy and developing economy 05. Agrarian economy
Free Insurance