has no property to meet the repayment which could cause financial institutes a situation about bad loan. The term microcredit is used to identify a mixture of various financial and non-financial services. It has various definitions accepted by the different international organizations‚ as well as specialists and scholars. However‚ apart from the beneficiaries‚ as far as microcredit is concerned by Mario & Gianfranco (2006) that “these must be people who have problem to borrow money from traditional
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economy‚ doubts about the overall benefits of tourism are reinforced by the belief that tourism brings adverse social and cultural effects. As an industry‚ it may be have several impacts on a country‚ both good and bad. Tourism is a main source of income to developing countries. When tourists come to these countries‚ they usually spend foreign currency. These foreign exchange may help to increase developments in the country and thereby accelerates economic growth. Income from tourism in
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the economies of low- income countries‚ allowing them to grow more rapidly than developed countries. Foreign direct investment comes with its own costs and benefits‚ as the organization or business providing the funding is concerned with securing advantages in the nation in which it is investing. Business Sectors • Foreign investors may change the balance among types of businesses in a country. If investors from abroad decide that they want to invest in banks‚ rather than farms or manufacturing
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ADVANTAGES Plastic is very useful in the building and construction‚ electronics (laptops wouldn’t work well if they were made from glass)‚ packaging (gladwrap)‚ transportation industries. Very easy to make - water bottles‚ plastic bags‚ pens‚ cups etc etc The main advantages of plastic materials are also the reason why plastic is such a problem. It lasts forever and it is very cheap to make. When I say it last forever‚ I mean it does not biodegrade. There is a flotilla of plastic the
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One advantage of economic globalisation comes from the free trade. “Two nations can benefit from free trade by specializing in producing those products in which they enjoy a comparative advantage” (Case & Fair 2004‚ p.716). A country enjoys a comparative advantage in the manufacturing of a good if the production has a lower opportunity cost than it would have if produced in other country. When specialization takes place in a production‚ the production will become more efficient. It is due to research
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The advantages and disadvantages of internet With the expansion of high-technology‚ the use of internet is spreading at a rapid pace. Although many people firmly believe that the invention of internet is by no means beneficial‚ I still consent that it has pros and cons‚ thus should be viewed in both aspects. First and for most‚ internet has completely altered the mode of communication. In the past‚ letters and telegrams were mostly used for distanted contact. Later telephones became dominant‚ but
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The advantage and Disadvantage of Stereotype In recent days‚ the definition of “green tea bitch” has been widely spread all over the Internet. That article listed dozens of characteristics of the so-called “green tea bitch” such as always feigning innocence and speaking quietly. Then there follow various similar definitions like “black tea bitch” that insult people because of those poor stereotypes. When it comes to stereotype‚ most of us will conjure up numerous images in our minds: an elegant
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HOMEWORK : Essay Essay 2 : Advantages and disadvantages of Nuclear Power As an important part of science‚ at the moment‚ nuclear technology is being continually and effectively developed. Regarding to nuclear‚ there has always been controversies over whether its advantages outweigh its disadvantages. From my point of view‚ the matter of the use of nuclear power should be taken seriously and thought about carefully with positive attitude towards it. On the one hand‚ nuclear has
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every people to make the living better. Nowadays‚ technology has advanced in tremendous leaps and bounds. We cannot imagine the world without technological advances such as computer‚ televisions‚ machines and so on. However there are some advantages and disadvantages of technology. First of all‚ technologies play a very important role in society because it makes life easier to live on and less time consuming. Technology has the ability to create shortcuts in working. People do not have to do all
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INTRODUCTION: Closed-circuit television (CCTV) is a camera which is used to produce images or recordings for surveillance purposes. CCTV can be either video cameras‚ or digital stills cameras. Video cameras are either analogue or digital‚ which means that they work on the basis of sending analogue or digital signals to a storage device such as a video tape recorder or desktop computer or laptop computer wherelse digital stills cameras can take excellent pictures in most situations
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