actually benefits the economy. Through decreasing unemployment by creating jobs as well as allowing those now employed to spend in the retail sector‚ it may seem as though war is an economic necessity to bring countries out of economic depression. This economic cycle of employment and spending may seem to benefit the economy as a whole‚ however in reality there is a much different truth to how war effects the economy of every country involved. By preparing for war a country may seem to rise in spirit
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Preventive Measures (A Discussion of Lessons for Main Characters in‚ “The Necklace”) We each have our one weak points. Some people have bigger or smaller weaknesses that might be harder to cope with. In the story‚ “The Necklace” Loisel feels insecure about her financial status‚ appearance‚ and honesty. There are several solutions to fix these problems‚ but might not necessarily be easy to perform. Madame Loisel should learn to communicate honestly‚ not obsess over her appearance‚ as well as be
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rich countries should help poorer countries. First of all‚ we can help them for humanitarian reasons. In Fact‚ the harsh realities of some countries affected us and our duty is to help those who are not as lucky as we are. For instance‚ one out of seven people do not have access to clean water for drinking‚ cooking or washing... Whereas we‚ we tend to waste the water. What’s more‚ we have the chance to live in a rich country where we can be treated fairly. Secondly‚ we can help poorer countries for
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possibilities to exploit and accumulate‚ through whatever means possible‚ be they be legal or not‚ be they moral or immoral. The centre of gravity of this all-round economic crisis has been the advanced capitalist countries of the North‚ but with even more devastating impacts for the countries of the South. World unemployment stands today at 210 million - the highest recorded level of unemployment in history; 64 million more people have been pushed into extreme poverty; 34 million more people unemployed
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Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production. Economies of scale‚ in microeconomics‚ refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost
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The Economy of the Philippines is the 43rd largest in the world; according to 2011 World Bank statistics and it is also one of the emerging markets in the world; according to the CIA Fact book‚ the estimated 2011 GDP (purchasing power parity) was 391.1 billion. Goldman Sachs estimates that by the year 2050‚ it will be the 14th largest economy in the world; Goldman Sachs also included the Philippines in its list of the Next Eleven economies. HSBC projects the Philippine economy to become the 16th
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for at least one night at any of the six resorts that were operating in the study area. The result shows that the level of the service quality is low and inevitably leading to tourists’ dissatisfaction. The result suggests that it is important to improve the sustainability‚ facilities and infrastructure‚ reliability of services‚ staff responsiveness‚ security and personal attention to the visitors (customers) to increase the service quality of the resorts within the vicinity of Lake Kenyir. Key words:
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but that is how it is used today‚ not only in the US but in countries around the globe. At first glance it may seem like a good way to sum up the economic welfare of a country‚ but upon digging a little deeper some problems are uncovered. One of the biggest problems of using GDP as an economic welfare indicator is that every expenditure is factored in as a good expenditure. A good example would be the building up of police in the country. This would bolster GDP showing growth‚ however the reasons
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Austria is one of the 12 richest countries in the world in terms of GDP (Gross domestic product) per capita‚[7] has a well-developed social market economy‚ and a high standard of living. Until the 1980s‚ many of Austria ’s largest industry firms were nationalised; in recent years‚ however‚ privatisation has reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics. Next to a highly developed
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RASHTRASANT TUKADOJI MAHARAJ NAGPUR UNIVERSITY (Established by Government of Central Provinces Education Department by Notification No. 513 dated the 1 st of August‚ 1923 & presently a State University governed by Maharashtra Universities Act‚ 1994) ________________________________________________________________________________________________________________ DIRECTION NO. 1 OF 2012 (Under Section 8 (1) & (4) of Maharashtra Universities Act‚ 1994) Direction governing the conversion of
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