has achieved great economic growth within the last half century despite having been devastated by the korean war and having a GDP per capita in 1960 comparable to the current Republic of Congo[1]. Todays South Korea has a total GDP similar to that of Italy and Canada[1] but how did it get there? The following essay will examine how South Korea achieved this growth and will focus on how foreign aid‚ education‚ import substitution‚ exports and the chaebol helped South Korea’s economic development. Foreign
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How To Assemble A Desktop PC by Wikibooks contributors Created on Wikibooks‚ the open content textbooks collection. Copyright c 2007 Wikibooks contributors. Permission is granted to copy‚ distribute and/or modify this document under the terms of the GNU Free Documentation License‚ Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections‚ no Front-Cover Texts‚ and no Back-Cover Texts. A copy of the license is included in the section entitled “GNU
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International Trade Trade in Information Technology and U.S. Economic Growth Entrepreneurial enterprises in the United States invented most of the information technology that we use today‚ including computer and communications hardware‚ software‚ and service. In the 1960s and 1970s‚ companies like IBM and DEC‚ which developed first mainframe and then midrange computers‚ led the information technology sector. In the 1980s‚ the locus of growth in the sector shifted to personal computers and the innovations
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first arcade game 1971-1974 Birth of Commercial Games • 1971: – Nolan Bushnell [Nutting] develops Computer Space • • • • First commercial arcade game Based on SpaceWar Vector graphics‚ but really cool real-time space game Too sophisticated for market. Fails • 1972: – Bushnell starts Atari • Named after a move in GO – Odyssey by Magnavox – “Hockey” • First home TV game – analog not digital • 100‚000 sold - $100/console – • 1973: – Pong in Arcades by Atari • Sued by Magnavox
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An inevitable consequence of economic growth is increasing inequality. Do you agree or disagree with the assertion? In the world we live in today‚ it is quite obvious to see that inequality is a growing consequence of economic growth. In this essay I will discuss how inequality affects states and the individuals living in the state. There are increased demands for educated workers; dependence of technology; privatization of markets; and the rise of capitalism which have led people to have drastic
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empirically analysis of the impact of GDP growth rate and employment rate on inflation. For this purpose data from 1995 to 2008 has been collected and analyzed through OLS technique. The result of the model shows that GDP growth rate and employment rate adequately affect inflation. With the increase in GDP and employment‚ inflation decreases. INTRODUCTION Inflation is a burning issue in Pakistan. It is generally felt that for several years Pakistan has had a double-digit inflation. The public sector
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The art of slow reading Patrick Kingsley If you’re reading this article in print‚ chances are you’ll only get through half of what I’ve written. And if you’re reading this online‚ you might not even finish a fifth. These are the two findings from two recent research projects‚ which both suggest that many of us no longer have the concentration to read articles through to their conclusion. The problem doesn’t just stop there: academics report that we are becoming less attentive book-readers‚ too
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Management ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 3‚ No.9‚ 2011 www.iiste.org Government Expenditure and Economic Development: Empirical Evidence from Nigeria Muritala Taiwo Department of Economics and Financial Studies‚ Fountain University Osogbo‚ Nigeria Corresponding Author’s E-mail: muritaiwo@yahoo.com Tel: +2348034730332; +2347054979206 Taiwo Abayomi Department of Economics‚ Tai Solarin University of Education‚ Ijebu-Ode‚ Nigeria E-mail: yommy246@yahoo.com Tel: +2348055821802 Abstract
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3D PC Glasses Abstract: Only a few years ago‚ seeing in 3-D meant peering through a pair of red-and-blue glasses‚ or trying not to go cross-eyed in front of a page of fuzzy dots. It was great at the time‚ but 3-D technology has moved on. Scientists know more about how our vision works than ever before‚ and our computers are more powerful than ever before -- most of us have sophisticated components in our computer that are dedicated to producing realistic graphics. Put those two things together
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ALTERNATIVE MEASURES OF ECONOMIC GROWTH AND PROGRESS What are some limitations of the Gross Domestic Product measure and some ideas for improving it? GDP has four major limitations: It includes the replacement of depreciated capital. It measures income produced in a country but not how much income people in that country re-ceive. Since GDP only counts monetary transactions (including esti-mates for those in the shadow economy)‚ it misses many other ac-tivities that people value like caring
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