During the seventeenth and eighteenth centuries‚ the economic theory utilized by Great Britain towards its empire was known as mercantilism. The idea behind mercantilism was to amass wealth through a favorable balance of trade‚ or exporting more goods than were imported. Within the idea of mercantilism‚ the colonies were meant to be a source of raw materials and a market for manufactured products. Even though the mercantile theory seemed to prosper between England and the colonies‚ the underlying
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Advantages of Credit Rating Different benefits accrue from use of rated instruments to different class of investors or the company. These are explained as under: A. Benefits to Investors 1. Safety of investments. Credit rating gives an idea in advance to the investors about the degree of financial strength of the issuer company. Based on rating he decides about the investment. Highly rated issues gives an assurance to the investors of safety of Investments and minimizes his risk. 2. Recognition
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I look exactly like my older sister Michelle. You’d sometimes think we were twins if not for the seven year gap and the one inch height difference. What that seven year separation doesn’t show in our faces‚ it makes up for in our experiences. The situation worked in my favor; Michelle went through various life stages years ahead of me‚ allowing her to share her “Now that I look back on it” wisdom with me. Because of this‚ my sister took it upon herself to guide me through adolescence. I am eternally
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Cricket: Cricket was first played in southern England in the 16th century. By the end of the 18th century‚ it had developed into the national sport of England. The expansion of the British Empire led to cricket being played overseas and by the mid-19th century the first international matches were being held. The ICC‚ the game’s governing body‚ has 10 full members. The game is most popular in Australasia‚ England‚ the Indian subcontinent‚ the West Indies and Southern Africa. Yes‚ cricket is the
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[edit]Proto-globalization Main article: Proto-globalization The next phase‚ known as proto-globalization‚ was characterized by the rise of maritime European empires‚ in the 16th and 17th centuries‚ first the Portuguese and Spanish Empires‚ and later the Dutch and British Empires. In the 17th century‚ world trade developed further when chartered companies like the British East India Company (founded in 1600) and the Dutch East India Company (founded in 1602‚ often described as the first multinational
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M.mohammed jafferPermanent Address35‚v.p.small street‚ Sathyamanglam‚Erode-DtPin code - 638401TamilnaduINDIAe-mail:mhmmd.jaffer@gmail.commailtomj90@gmail.comContact No.+91-9629176785Father’s name: S.M.mujeebullahDate of Birth: 22 Oct 1990Nationality: IndianGender: MaleLanguages knownRead & write:English‚ Tamil.Languages known Speak:English‚ Tamil‚Urdu‚Hindi Reference:Mr. G.RADHAKRISHNAN Assistant ProfessorDept of EEER.V.S.college of engg &techCoimbatoreTamilnaduPh-09677149072 | Career
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Merit Pay for Teachers Around the world children are taking tests that could potentially lower their grades. In some cases‚ those test scores may also determine how much the teachers get paid and acknowledged. It can be questioned weather or not merit pay is a productive system for the education industry. Individuals that disagree may say or believe that it will be harder to hire new staff‚ it lacks fairness‚ and question if it indicate how well the children learn. However‚ it is crucial that we
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incentives like merit pay can lead to risky behaviors and bad outcomes in our educational system. It is my belief that incentives like higher pay alone is never sufficient enough to motivate teachers or anyone with a real passion for their vocation to perform better. I find myself in the court of public opinion that incentives like money are a short time motivator for most people. I have looked at research material and information from experiments and initiatives to implement incentives like merit pay or
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Merit Goods and Services Merit goods are those goods and services that the government feels that people will underconsume‚ and which ought to be subsidised or perhaps provided free at the point of use so that consumption does not depend primarily on the ability to pay for the good or service. • • • Both the state and private sector provide merit goods & services. We have an independent education system and people can buy private health care insurance. Consumption of merit goods is believed to generate
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Draft April 5‚2014 Teacher’s Salaries Based on Their Performance in Class The idea of merit pay originated in the year 1950 (Turner‚ 2010). Other industries are often using performance based pay in order to reward their employees‚ and one field that uses these methods is professional athletes. There are very few fields where employees can work “as they wish” (Solmon & Podgursky‚ 2000). Originally‚ using merit pay in the teaching field failed due to the lack of buy-ins from districts and also due
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