The Bubble Economy of Japan The Economy of Japan had experience a tremendous growth since the end of the Korean war. The growth of GNP in 1967 and 1968 was above 10 % (double digit growth period) which exceed countries such as Britain‚ France and Germany. The economy experienced a boost is due to many reasons‚ such as: enlargement of industrial facilities‚ massive adaptation of western technology and education‚ lower the military expense to 1% of GNP‚ relation with power nation‚ human resources
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Nature of political economy The word economy‚ drawn from two Greek words‚ house and law‚ which together signify the management or arrangement of the material part of household or domestic affairs‚ means in its most common sense the avoidance of waste. We economize money or time or strength or material when we so arrange as to accomplish a result with the smallest expenditure. In a wider sense its meaning is that of a system or arrangement or adaptation of means to ends or of parts to a whole. Thus
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Economies and diseconomies of scale Economies of scale are advantages that arise for a firm because of its larger size‚ or scale of operation. These advantages translate into lower unit costs (or improved (productive efficiency)‚ although some economies of scale are not so easy to quantify. The main kinds of Economies of Scale are: Bulk- Wholesale is selling goods in tremendous quantities at a low unit price to retail merchants. The wholesaler will accept a slightly lower sales price for each unit
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Transition Economy in Poland 2013 Jeonghun Song (Julia) Economics HL International School of Phnom Penh Contents Abstract 3 Introduction 4 Procedure or Method 4 Main Results and Findings / Analysis and Discussion 5 Conclusion and Recommendation 8 Works Cited 10 Abstract Poland is a part of OECD that indicates high income level; it insists Gross Domestic Product (GDP) of $489.8 billion and has population of 38.54 million. This report
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focus for each group session. The focus of this session was on Beatrice and her individual goals. Behavioral Therapy was introduced and defined to the family along with the concept of implementing a “token economy” in the family. Each family member agreed to the established rules of the “token economy” along with the problem solving techniques that will be implemented if issues arise. Beatrice described feeling very lonely‚ unimportant‚ and not valued within the family. These feelings stem from the
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Token economy programmes are a form of behaviour modification based on the principles of operant conditioning. They are used in prisons to encourage the reduction of anti-social behaviour and criminal behaviour; they involve awarding tokens to offenders if a desired behaviour is performed. The tokens may then be exchanged for various rewards. The aim is for the desired behaviour to be repeated. As a treatment it involves setting out a range of desirable behaviours and reinforcing the offender whenever
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The Global Economy and its impact To talk about the economy‚ I want to introduce the political factor of economy in the world‚ it is one of the most important part of global economy. There are many It is based on economies of all of the world’s countries‚ national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local societies‚ making the global one. It can be evaluated in various kind of ways. For instance‚ depending
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Philippine Economy at Present During 1960’s the Philippine economy has experienced repeated boom-and-bust cycles in the 5 decades since the nation achieved independence from the United States. In 1960s its economy ranked as the second most progressive in Asia‚ next to that of Japan. After 1965‚ when Ferdinand E. Marcos became president‚ the nation experienced economic problems and social unrest‚ especially from the 1970s‚ when corruption and cronyism (the practice of appointing friends to well-paid
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THE CONS OF THE NIGERIAN ECONOMY Nigeria boasts one of the fastest-growing economies in the world‚ with Gross Domestic Product growth rates above 6% every year since 2003. Home to more than 170 million people‚ it is the most populous country in Africa and the seventh most populated country in the world. The United Nations has projected its population could rise into the top three by 2050‚ potentially overtaking the United States. Unfortunately‚ Nigeria also has a tragic history of conflicts and
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Globalization and Indian Economy - Presentation Transcript 1. 2. Globalization * Globalization has come to be a principal characteristic feature of the new millennium and it has become an inescapable reality in today’s society. * No community and society can remain isolated from the forces of globalization 3. What is globalization * Globalization is the increasing integration of economies and societies around the world‚ transcending the boundaries of the nation
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