Chapter III CAPITAL AND ECONOMIC DEVELOPMENT Almost all economists lay emphasis on capital formation as the major determinant of ED. Capital is a man-made factor of production. It is the one of the essentials of development found in the form of liquid cash‚ raw materials‚ tools machines‚ building etc. Deficiency of capital is the basic characteristic of UDCs. It is not possible to raise the level of productivity unless more capital is made available. Hence it is useful to study
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The negative effects of the Roman conquests will vary with each different perspective. I am sure that if a Carthaginian was asked to give their opinion on the negative consequences of Roman expansion‚ it will sound nothing like the views of a Roman aristocrat. The same could probably said for the areas from Spain through Asia Minor and everything in between‚ each locality will have their own gripes. The journal prompt‚ no doubt is referring to Rome itself‚ or as a whole‚ but the above applies
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Task 2: Positive and negative influences on development In this essay I will be talking about both negative and positive factors that influence development during the different life stages. The different life stages that occur in everyone’s life are infancy‚ childhood‚ adolescence‚ younger adulthood‚ middle age adulthood‚ old age and then end of life. There are two different types of socialisation‚ these are primary and secondary. Primary socialisation comes from your family and/or carers – this
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ECONOMIC GOALS: Five conditions of the mixed economy‚ including full employment‚ stability‚ economic growth‚ efficiency‚ and equity‚ that are generally desired by society and pursued by governments through economic policies. The five goals are typically divided into the three that are most important for macroeconomics (the macroeconomic goals of full employment‚ stability and economic growth) and the two that are most important for microeconomics (the microeconomic goals of efficiency and equity)
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What is Life Without Love? What is love? How does one know they are in love? Is love real? These are questions that scientists and mankind have been discovering and questioning for years. Some people feel as if they need love to survive because it gives them a sense of self-worth. Others feel as if there is no such thing as love. People are simply infatuated with one another or they are just in lust. In the novel A History of The World in 10 ½ Chapters‚ the chapter Parenthesis‚ Julian Barnes discusses
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Slavery was a harmful thing that had happened in the united states and got all the whites owning a African-American in the house.They had over worked them but they didn’t care they had always worked them to the limit and the owner didn’t care for them and put them to the dangerous and harmful things that they did.Slaves were made to pick cotton but grew in the late 17th and 18th century and the whites had started to own them and it grew in virginia and it started to make it across the whole united
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WW2 was a very bloody war and it was kind of good for America because it gave women the chance to have jobs and not just be a stay at home mom/wife. On september 16‚1940 congress passed the first peacetime military act‚ This act ordered men from the ages of 21-35 to be trained for battle in 12 months but that was before Pearl Harbor had gotten attacked. After Pearl Harbor congress passed the Selective Service Act which extended drafting to 18-38 years to join the military‚ But men 18-65 had no
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Multitasking in my opinion can be a good thing but also a bad thing. Researchers say many teens and children under the age 18 are more likely to multitask compared to mature adults. Technology has been the cause of young teens not paying full attention. Teenagers feel that they will miss out on important information so this messes with teen’s concentration. The brain cannot be at two places at one time. “Not only can people not process two tasks simultaneously‚ but it also takes longer to multitask
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Effects of Population Growth on Environment This is not the latest jackpot prize‚ but 6.5 billion is a very formidable number. It [It must refer to a specific word in the sentence or the reader can become confused.] is the population of the earth. The human population has been increasing at an accelerated rate in the last century; unfortunately‚ not much has been done to slow down this process. Undoubtedly overpopulation is a global issue. It [It must refer to a specific word in the sentence
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Throughout history‚ nations have sought to expand their boundaries. There were a variety of reasons for expansion‚ such as transportation purposes‚ such as trying to discover faster routes to engage with trading partners‚ or economic purposes‚ like travelling to areas to obtain materials that were high-demand‚ such as silk or spices. As the Industrial Revolution began‚ this need increased more. More countries needed more natural resources and eventually more labor in order to produce the goods that
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