Evaluate possible economic policies‚ other than increasing the age limit‚ that a government might use to reduce significantly the consumption of alcoholic drinks. The market mechanism should allocate scarce resources to maximise consumer welfare. Alcohol is an example of a demerit good. A demerit good is one which is overprovided by the market mechanism. Apart from alcohol‚ drugs and prostitution are also examples of demerit goods. Consumption of these goods produces large negative externalities
Free Drinking culture Alcoholic beverage Alcoholism
To Study various HR policies of Maruti Udyog Limited CHAPTER I - INTRODUCTION AUTOMOBILE INDUSTRY: Indian automobile industry has grown in leaps and bounds since 1898‚ when a car had first touched the Indian streets for the first time. At present it holds a promising tenth position in the entire world with being #2 in two wheelers and #4 in commercial vehicles. Withstanding a growth rate of 18% per annum and an annual production of more than 2 million units‚ it may not be
Premium Suzuki Maruti Suzuki Automotive industry
444 Cases E ot nearly a decade‚ the EU and the United I States were engaged in a heated trade dispute over bananas. The EU had introduced tariffs and quotas that discriminated in favor o[ bananas grown in former European colonies and dependencies located in the Caribbean and Africa. The new rules were favorable to the European-based banana companies‚ whose production was heavily located in these preferced regions. However‚ the new rules were disadvantageous to the U.S.-based companies‚
Free United States International trade European Union
of the various levels of government The state government maintains a diverse range of roles and responsibilities for appropriate operation of the states of Australia. The state government is responsible for the conduct of state affairs. This level of government is responsible for everything the federal government is not responsible for‚ though at times both are responsible for the responsibilities. The state level of government differs from the federal government‚ as the state government is only
Premium Federal government of the United States Federal government Local government
African Slave trade is described as the business or process of taking‚ transporting‚ and selling slaves‚ especially black Africans to the New World. Africans were taken and put to work. African Slave trade had many causes and effects in the atlantic world that changed society in mostly negative ways. The cause of African Slave trade began with the need for cheap labor Europeans wanted people for work‚ but did not want to spend a lot of money. Most Native American people had died from disease brought
Premium Slavery Atlantic slave trade Slavery in the United States
Economic growth The effect of corruption on economic growth has been extensively researched in the last two decades. While not denying that corruption may have played a positive role at particular times in specific countries‚ it leads to lower growth‚ hampering both private and productive government spending in investments and inhibiting the efficiency of public services. Corruption can also affect the growth rate through distortions in tax collection‚ the level of public expenditure and the composition
Premium Political corruption Tax Macroeconomics
Health And Social Care(Communication) . btec national diploma in health and social care level (1C) | Unit 1: Developing effective communication in health and social care | P4: explain strategies used in health and social care environments to overcome barriers to effective communication and interpersonal interactions. | | | For this question I am going to explain strategies used in health and social care environments to overcome barriers to effective communication and interpersonal interactions
Premium Sign language Nonverbal communication Aggression
Most of the governments are divided into three parts. The three branches of the government were not there from the very beginning. This system was introduced through amendments to the constitution. The aim of creating these branches was to establish a government that was strong and fair. This would also protect the nation from having people that are so drunk with power because o the positions that they occupy. Dividing the governments into three branches was the only way to avoid abuse of power.
Premium Separation of powers United States Law
26 Preface he types and quantities of waste we generate and dispose of are influenced by economic development‚ lifestyle and habit. As disposable income and living standard increase‚ consumption of goods and services correspondingly rise‚ as does the amount of waste we generate. T Hong Kong’s daily per capita domestic waste generation rate is high when compared to cities in Asia at stages of economic development similar to ours. Since the mid-1990s‚ a number of leading Asian cities have achieved
Free Waste management Recycling Waste
and Structuralist arguments on trade policy. Which views are most convincing as a guide for the current trade policy of developing countries?’ In November 2001‚ the member nations of the World Trade Organisation (WTO) sat around the negotiating table in Doha‚ Qatar‚ and committed themselves to what was supposed to be their most progressive ‘round’ of international trade negotiations since the organisation’s inception (as GATT – General Agreement on Tariffs and Trade)) in 1947-48. The ‘Doha Development
Premium International trade Mercantilism Economics