INDIVIDUAL ASSIGNMENT Q1. What is meant by the term resources? What are the four factors of production and explain the factors incomes associated with each factor of production (20 marks) a) Resources means being able to produce something that can be a good or service. For e.g. the sun‚ trees‚ natural gas‚ materials‚ staff. b) The four factors of production are land‚ labor‚ capital and entrepreneurship. (i) Land- is considered the natural resources or raw materials we find on the earths surface
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Textile Industry in India is the second largest employment generator after agriculture. It holds significant status in India as it provides one of the most fundamental necessities of the people. Textile industry was one of the earliest industries to come into existence in India and it accounts for more than 30% of the total exports. In fact Indian textile industry is the second largest in the world‚ second only to China. Textile Industry is unique in the terms that it is an independent industry
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Char‚ Jennifer CJ Final Exam Essay Portion The Tragedy of Treyvon Martin With the widespread national media coverage of the Treyvon Martin shooting‚ facts can be easily misconstrued and bring about prejudices on the case in its entirety and also George Zimmerman. What was tragic incident turned into a highly publicized phenomenon. Facts and specifics of the case should be private and the amount of time from indictment to trial is detrimental to a fair trial‚ a sixth amendment right under
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production of a
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Charles Martin Case Study February 7‚ 2014 The Charles Martin in Uganda case study shows where companies can have differing opinions with their manager who is managing operations in a distant land. The values and normal tendencies of a company can sometimes be interpreted much differently by the manager in the international country. In this example‚ we will look at how Charles Martin dealt with cultural differences of Uganda and the United States based Hydro Generation (HG) Company. On the surface
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By 1918‚ the period which some scholars consider to be the first large wave of the Great Migration‚ the black press was promoting Mexico as a destination for black southern migrants. Advertisements in black the black press for the Lower California Mexican Land Development Company (Lower California Company) declared that in Mexico “A MAN IS A MAN IN SPITE OF THE COLOR OF HIS SKIN [sic]‚” and where twenty dollars allowed a ‘MAN’ to purchase an acre of land. The Lower California Company was a “corporation
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Part# 1 Introduction Origin of the report After Liberation when country ’s traditional items of export could not yield expected result‚ in late 70s the government and a section of entrepreneurs - young‚ educated and dynamic‚ began to emphasize on development of non-traditional items of export. By the year 1983‚ Ready-Made-Garment (RMG) emerged to be a non-traditional export oriented sector most
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Social Media’s Effects The American Academy of Pediatrics or AAP is a journal that preserves collections‚ which hold the past record of the American Academy of Pediatrics‚ documents pediatric history‚ and reveals and validates the movement of children’s health care (Baker n.p). The association stated in 1929 at the Medical Association Section on Diseases of Children ( Baker n.p). The journal describes how it is important that parents become aware of the nature of social media sites‚ given that
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we view it as a way of realizing drastic changes in the social and economic spheres of society. Ambedkar’s idea of democracy is much more than just a scheme of government. He emphasises the need for bringing about an all-round democracy. A scheme of government does not exist in vacuum; it operates within the society. Its usefulness depends upon its relationship with the other spheres of society. Elections‚ parties and parliaments are‚ after all‚ formal institutions of democracy. They cannot be effective
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hand‚ the case of Trayvon Martin and the real facts as to what happened the night he was shot come to conclusion. The Trayvon Martin Tragedy‚ exists as the undigestable story of an adolescent African American male who is shot upon by a neighborhood watch captin by the name of Geroge Zimmerman with nothing to defend himself but a bag of Skittles‚ an Arizona Iced Tea‚ and a cell phone. With factual eveidence‚ witnesses‚ and 911 phone call recordings we uncover wether Zimmerman shot Martin as anything
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