SECTORS OF ECONOMY The three-sector theory is an economictheory which divides economies into three sectors of activity: extraction of raw materials (primary)‚ manufacturing (secondary)‚ and services (tertiary). It was developed by Colin Clark and Jean Fourastié. According to the theory‚ the main focus of aneconomy’s activity shifts from the primary‚ through the secondary and finally to the tertiary sector. Fourastié saw the process as essentially positive‚ and in The Great Hope of the Twentieth
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Reading Material Concepts and definitions of various banking terminology. All the information is collected using various free web-sites on internet for the purpose of enhancing knowledge of the participants in the field of banking. 1 Banks in the economy Role in the money supply A bank raises funds by attracting deposits‚ borrowing money in the inter-bank market‚ or issuing financial instruments in the money market or a capital market. The bank then lends out most of these funds to
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Impact of Branchless Banking in rural areas as a part of Financial Inclusion Key words- Branchless Banking‚ Financial inclusion‚ globalization and Service. The self service concept in the modern business is considerable recognition these days. It plays a vital role in reducing costs to an organization by facilitating automated interface between service provider and a customer. The term financial inclusion is offering of services at a lower cost to major sections of the rural people. Open access
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"The Banking Concept of Education": An Essay on Submissive Learning by Paulo Freire - Yahoo Voices - voices.yahoo.com Search Voices Entertainment Beauty Auto Business Crafts & Hobbies Creative Writing Dating & Relationships Health Home Improvement Education Food & Wine Lifestyle News Sign in Sports Tech Travel Sign up Mail All Categories Green "The Banking Concept of Education": An Essay on Submissive Learning by Paulo Freire Lyndi
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MONEY AND BANKING CONTENTS What is MONEY? 3 Characteristics of money 3 Measurements of money 4 Money and the economy 6 Relationship between Prices and Inflation 6 Why Money Supply Matters 7 Banking 8 General History 8 History in United States 8 Banking basics 9 Other Financial Institutions 9 International Banks 10 Structure of banking industry in U.S. 10 Interest Rates 11 Banking Business 11 Liquidity management by banks 11 Multiple Deposit Creation 14 Banking services 16
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Introduction E lectronic banking is an umbrella term for the process by which a customer may perform banking transactions electronically without visiting a brick-and-mortar institution. The following terms all refer to one form or another of electronic banking: personal computer (PC) banking‚ Internet banking‚ virtual banking‚ online banking‚ home banking‚ remote electronic banking‚ and phone banking. PC banking and Internet or online banking are the most frequently used designations. It should
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the Islamic value (haram) On the other hand‚ conventional banking is essentially based on the debtor-creditor relationship between the depositors and the bank on one hand‚ and between the borrowers and the bank on the other. Interest is considered to be the price of credit‚ reflecting the opportunity cost of money. Islamic law considers a loan to be given or taken‚ free of charge‚ to meet any contingency. Thus in Islamic Banking‚ the creditor should not take advantage of the borrower. When
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UNIT 1 The travel and tourism industry Introduction T he travel and tourism industry is one of the biggest and fastest growing industries in the UK. This unit will give you an introduction to the industry‚ providing a sound basis for further study. You will find out about the nature of the industry‚ its size and scale‚ and you will be introduced to the types of organisations that form its structure. In addition you will investigate the development of the industry and the factors
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HIV/AIDS: THE IMPACTS ON THE BUSINESS SECTOR AND HOUSEHOLD AND COPING STRATEGIES CHAPTER 1: IMPACT OF HIV/AIDS ON THE BUSINESS SECTOR Introduction AIDS (Acquired Immune Deficiency Syndrome) is caused by the Human Immunodeficiency Virus (HIV). In order for the virus to attack a person’s immune system‚ it has to enter the bloodstream‚ and there are three ways in which this may occur: 1. Through sexual intercourse - this includes both heterosexual and homosexual intercourse‚ although most infections
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India’s Education Sector: Moving Toward a Digital Future The typical Indian classroom was once characterized by students sitting through hour-long teacher monologues. Now‚ technology is making life easier for both students and educators. Schools are increasingly adopting digital teaching solutions to engage with a generation of pupils well-versed with the likes of PlayStations and iPads‚ and trying to make the classroom environment more inclusive and participatory. Take Smartclass from Educomp
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