Economic growth and public policy To increase productivity and living standards‚ governments can can: 1. Encourage saving and Investment: Goal: invest more current resources in the production of capital to increase physical capital (K). Trade-off: The opportunity cost of investment is that someone must forgo current : consumption in order to save and invest sumption Note that: because of diminishing returns‚ an increase in the saving rate leads to higher growth of productivity and income only
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Being able to empathize with others more effectively and reaching out to affect other people’s lives for the better has taught me the importance of public service. It has helped me to be a more valuable asset at work‚ pushed me to conquer academic goals‚ better equipped me to care for my family and broadened my competence in every field. Public service will continue to serve as a valuable source of knowledge‚ build my pride in my community‚ establish networks and helpful connections and further build
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Religious ethics or the church has an authorized role to play in influencing the public policy. The upbringing‚ education‚ and experience all influence the politicians like others. The politicians vote on policy issues based on their religious conscience. The church lobbies the politicians to make changes to the legislation through their representatives. The church can step in civil litigation between private individuals (Skene & Parker‚ 2002). There is a diversity of religions throughout the
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In Frankenstein also known as The Modern Prometheus‚ the protagonist‚ Victor Frankenstein‚ to an extent is a tragic hero. This is because it follows some of the many common traits of a typical Aristotelian tragic hero. These include how the Frankenstein is lead to his downfall due to his excessive pride. Other points include how Frankenstein‚ the hero discovered his fate by his own actions and also how he saw and understood his demise‚ and that his fate was because of his own actions. The last point
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Do you agree with the modernisation theorists’ assumption that development involves a process of modernisation? Modernisation theory is an understanding and explanation of the process of transformation from the traditional or so called “underdeveloped” societies to modern societies. From reading the theorists work surrounding the topic of modernisation it is believed that modernisation is the process change towards those types of social‚ economic and political systems that have been developed in
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For the past ten years‚ Zimbabwe has been riddled with economic stagnation as well as being the subject of political instability‚ thus that been the reason why many companies and countries have turned a blind eye as concerns investing. Once known as the bread basket of Africa‚ Zimbabwe has the ability to rise up again especially with the internationally accepted new government of Unity were the two major political parties‚ ZANU PF and MDC have come together to work as one for the betterment of the
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products and merchandise to MEDC’s at a very low salary. Primark is an example of trading with other countries for unfair prices. From the clothes being made and brought many different countries have been involved Many other clothes companies to this as well. This is known as world trade system and can often be described as unfair for some. China is located in Eastern Asia‚ bordering the East China Sea‚ Korea Bay‚ Yellow Sea‚ and South China Sea‚ between North Korea and Vietnam‚ in the
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are certain dos that you need to always keep in mind when speaking in public. But there are also things that you are advised not to do. 1. Plan your talk - Don’t forget that any lecture is a performance: you must work to get your message across. 2. Don’t forget your presentation. 3. Don’t apologize - No need to apologize when you give a speech or tell the audience that you are nervous. They might not even notice that you are. 4. Don’t talk about how awesome you are and how
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‘Domestic policy under Wolsey was a failure’. How far do you agree with this assessment? Wolsey was Henry VIII’s chief minister for 15 years and it’s fair to say that historians have‚ in general‚ been disappointed with his lack of achievement in the area of domestic affairs. Most argue that he devoted far too much of his time to foreign policy in order to establish‚ and then further boost his own personal power and increase his income‚ implying that more of his time should have been allocated to
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102/213c PUBLIC LAW Lecture No. 1: CONSTITUTIONS – NATURE‚ PRINCIPLES AND FEATURES What is a Constitution? ‘the act of people constituting a government’ per T. Paine Rights of Man (1791-92) ‘a body of rules’ ‘the identity of a state’ • What is the purpose of a constitution? • What are the main characteristics of a constitution? 1. What is the Function of a Constitution (a) THE NEED FOR ORDER AND SECURITY • Hobbes‚ Leviathan (1651)
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