Global rice demand: Is rice really becoming an inferior good? Mary Joanne Matriz‚1 Imelda Molina‚1 Harold Glenn Valera‚1 Samarendu Mohanty‚1 and Nelissa Jamora2 1 2 Social Sciences Division‚ International Rice Research Institute‚ Los Baños‚ Philippines; Agriculture‚ Food‚ and Resource Economics‚ Michigan State University‚ East Lansing‚ MI‚ USA. Previous studies by the Food and Agriculture Organization (FAO 1971)‚ Wong (1976)‚ Mears (1981)‚ and Ito et al (1989) implied that income elasticities
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Good Housekeeping the “Second Shift” Abstract: Within the last half century‚ the number of women participating in the workforce has increased exponentially. Women are gaining more and more equality in the social‚ economic and political affairs‚ but gender inequity within the home regarding the division of household labor remains. Women are still primarily responsible for housework and childcare. Arlie Russell Hochschild’s concept of the “second shift” describes the situation of many women
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These could be for example religious‚ economic or racial. Moreover‚ there are some societies who divide themselves in a so called “class system”. One group claims itself as superior‚ and the others are pushed to an inferior status. Placing humankind in two categories of the inferior and the superior can be a danger to our society‚ and can cause many problems and conflicts. One danger to our society is when guardians try to raise the youth to believe that they have to fit into one of two categories
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find that there are more and more fake and inferior products seriously hampering the expansion of our market economy. Consumers have to be very careful in purchasing goods and services they need; otherwise they will fall into the traps set by the illegal manufacturers. There is no doubt that fake and inferior products are extremely harmful. In the first place‚ they endanger people’s health‚ giving rise to a lot of injury accidents. For instance‚ inferior-quality medicines not only aggravate a patient’s
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to the article Why Chinese Mothers Are Superior‚ Amy Chua is the one who will force her kids to do what she think it is good. However‚ my opinion goes against the thought of Amy Chua about how to raise children because I believe that children should not only be prepared for their future but also enjoy their childhood with the pure innocence. According to the article Mother Inferior? written by Hanna Rosin‚ I agree with her idea that‚ “Children have to find happiness themselves.” Parent should not create
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In economics‚ an inferior good is a good that decreases in demand when consumer income rises‚ unlike normal goods‚ for which the opposite is observed. Normal goods are those for which consumers ’ demand increases when their income increases. This would be the opposite of a superior good‚ one that is often associated with wealth and the wealthy‚ whereas an inferior good is often associated with lower socio-economic groups. In economics and consumer theory‚ a Giffen good is one which people paradoxically
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oodFor the exclusive use of Z. CAO www.hbrreprints.org HBR CASE STUDY AND COMMENTARY S hould Harbinson recommend f urther i nvestment in Seven Pea ks? Good Money After Bad? Four commentators offer e xpert advice. by John W. Mullins • Reprint R0703A This document is authorized for use only by Zheng Cao in LSU Venture Capital - Spring‚ 2012 taught by MICHAEL KIRBY from January 2012 to May 2012. For the exclusive use of Z. CAO Jack Brandon’s initial idea has not panned out‚ and the cash is
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A man from brooklyn with very little money‚ and family who had passion for music came through a lot before he made it big time. “I’m hungry for knowledge. The whole thing is to learn everyday‚ to get brighter and brighter. That’s what the world’s about‚” Jay-Z stated. His family had a very small amount of money. He sold drugs to gain money so his family can afford their taxes. His family’s main reason why they cannot afford their taxes is because his dad left him when he was very little. He was a
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Single parent families have grown larger with the incoming years. Today‚ 1 of every 4 families with children under the age of 18 is a single-parent family‚ up from 1 of every 10 in 1970. As of 2000 an estimated 13.5 million single parents had guardianship of 21.7 million children less than 21 years of age whose other parent lived somewhere else; single parent families. One parent families numbered over 12 million in 2000. Single parent families have increased almost half of the percent in a span
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Altman Z-score In Brief The Altman Z-score is a combination of five weighted business ratios that is used to estimate the likelihood of financial distress. If the credit crunch itself wasn’t lesson enough‚ respected fund manager Anthony Bolton has emphasised the importance of understanding credit risk when investing in equities: “When I analysed the stocks that have lost me the most money‚ about two-thirds of the time it was due to weak balance sheets. You have to have your eyes open to the fact
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