GEORGIA PERFORMANCE STANDARDS Fundamental Economic Concepts SSEF1 The student will explain why limited productive resources and unlimited wants result in scarcity‚ opportunity costs and trade offs for individuals‚ businesses and governments. Individuals have wants that are‚ for practical purposes‚ unlimited. But the total resources of society‚ including natural resources‚ human resources‚ capital goods and entrepreneurship‚ are limited‚ so that scarcity exists. As a result‚ it isn’t possible
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Fundamentals of Macroeconomics In order to accurately understand countries true economic outlook a person must consider many values. There is not just one value‚ although some may be better indicators than others. From purchasing of groceries‚ massive layoff of employees‚ to a decrease in taxes‚ each affects not only governments and businesses‚ but the general household as well. It is important for everyone to have a general understanding of how money flows within his or her economy from
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year. There are many reasons money should be a factor in organ transplantation. Many people each day are dying from the lack of available organs for transplant‚ in other words‚ the percentage of organ donors is decreasing each year. Financial hardships for donors would no longer be a factor in the process and it would cut on the end costs of keeping a person healthy on dialysis versus just having the transplant in the first place. Stating that money should be a factor in organ transplantation. It
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An abiotic factor is any of a number of the non-living components of a habitat. The abiotic factors of the amazon rain forest biome are the amount of water ‚ sunlight ‚ climate ‚ weather and precipitation. These factors affect the trees and animals that live there. They are very important because without the right amount of water and sunlight the trees in the rainforest would not be able to grow and it will die. A biotic factor is any living component that affects another organism. The
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every person’s character is considered as our personality‚ especially in writing which is one of the most fundamental abilities that a person must develop in order to be successful in his chosen career. A person’s ability to communicate is exhibited in the way he or she writes reports for future presentation to persons who are superior in position. According to Michael Lee‚ there are factors that help to develop good communicative skills in English and these include the love of reading books. This
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Groucho Marx once said "While money can’t buy happiness‚ it certainly lets you choose your own form of misery.” The American Dream of money is the belief that having a lot of money will satisfy the cravings people have for wealth. People strive to accomplish a life filled with money and success because money promises a life of happiness and greatness. The idea of having a large quantity of money is one that has consumed people and altered the dream of hard work and success. Although this dream brings
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Chapter 1 Online gaming can refer to any type of game that someone can play through the Internet or over a computer network. Most of the time‚ online gaming refers to video games played over the Internet‚ where multiple players are in different locations across the world. Players also can compete in massively multiplayer games‚ where dozens of players play an ongoing game in a virtual world. Often times‚ participants can communicate with other gamers through text chat sessions during
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retail‚ of which increasing competition is just one aspect. New and emerging technologies and customers fragmentation has made it even more difficult for retailers to retain consumers who are loyal to their stores. Walters and Hanharan have identified four key elements of the strategic direction that are retailer may take‚ they are: * Merchandise strategy; * Communications strategy; * Customer service strategy; and * Format and environment strategy. Among all the elements of retail strategy
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Main factors affect the refined oil yield: 1‚ the alkali refining loss (1) for removal of colloid in hair oil‚ free fatty acid‚ moisture‚ impurities and other form of loss; (2) in the process caused by the loss of neutral oil saponification‚ emulsification; (3) theoretical calculation formula: alkali refining losses = 0.2 + 1.25 x (FFA % % + water + phosphatide content % % + 0.3% + impurities) 2‚ decoloring loss mainly for adsorption bleaching waste clay in oil absorption caused by the loss
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BUDDHISM = originates from the experience of the misery of life. = meditation or enlightenment‚ when someone succeeded doing meditation. Teaches the Noble Eight-fold of Path: 1. Right Knowledge – Some convictions are necessary to achieve a good life. 2. Right Aspiration – Decide what it is that we really want. 3. Right Speech – Language and speech patterns show us a lot about ourselves. 4. Right Behavior – a kind of paradox results from considering that often behavior precedes
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