poorer countries develop their tourist industry when the basic needs of their own people are not met? Poorer countries should consider developing their tourist industry as they are predominantly agricultural‚ have sharply limited development prospects in the near future and tend to be heavily dependent on official development assistance as almost everything requires money. Tourism is an attractive tool that could solvooe these problems as the developing countries could invest in this industry
Premium Tourism Cultural tourism
Economics is the study of social behavior guiding in the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society. Economics seeks to understand how those individuals interact within the social structure to address key questions about the production and exchange of goods and services. First‚ how are individual needs and desires communicated such that the correct mix of goods and services become available? Second‚ how does a society provide
Premium Sociology Resource Economic system
TYPES OF TESTS 1. Achievement tests- devised and administered to measure how well a person has learned as an outcome of instruction. Used to assess student’s performance in school subjects. All unit‚ semester and terminal examination tests are nothing but achievement tests. These tests focus on skills or abilities that are traditionally taught in the schools. Therefore achievement tests may be defined as tools designed to measure the degree of student learning in specific curriculum areas
Premium Aptitude Interview Evaluation methods
Economic Economics is the science that studies how people and societies make decisions that allow them to get the most out of their limited resources. Because every country‚ every business‚ and every person deals with constraints and limitations‚ economics is literally everywhere. This Cheat Sheet gives you some of the basic essential information about economics. the Big Definitions in Economics When studying any subject‚ a key first step is to learn the lingo. Here are definitions for three of
Free Economics
Economics | | |Sr. No. |Core Areas |Percentage | |1. |Micro-Economics |15% | |2. |Marco-Economics |15% | |3. |Econometrics
Free Economics Macroeconomics Monetary policy
Assume a consumption function that takes on the following algebraic form: C = $100 + .8Y. Assume that Y = $1000 what is the level of consumption at this income level. C = $100 + .8($1000) = $100 + $800 = $900. 1. Using the above figure calculate the marginal propensity to consume between the aggregate income levels of $80 and $100. Also explain why this consumption function is linear. The marginal propensity to consume is equal to $15/$20 = .75. The consumption
Premium Macroeconomics Aggregate demand Investment
BASIC ACCOUNTING CYCLE SUMMARY Accounting is… - a service activity. - its function is to provide quantitative information‚ - primarily financial in nature - about economic entity - that is intended to be useful in making economic decision. Accounting is also defined as… - an “ART” of: a. Journalizing – Books of Original Entry Journals
Premium Generally Accepted Accounting Principles Income statement Financial statements
Descriptive Method The meaning of the Descriptive Method in research is to develop‚ test and evaluate research instruments and methods. It explores phenomena in real life situations and uses a survey method. Common data gathering methods used are questionnaire‚ interview‚ and observation. THE BASIC 3 TYPES OF DESCIPTIVE RESEARCH METHOD There are three main types of descriptive methods: observational methods‚ case-study methods and survey methods. This article will briefly describe each of these
Free Scientific method
Census Method All items in any field of inquiry constitute a ‘ Universe ’ or ‘ Population.’ A complete enumeration of all items in the population is known as a census inquiry. It can be presumed that in such an enquiry‚ when all items are covered‚ no element of chance is left and highest accuracy is obtained. But in practice this may not be true. Even the slightest element of bias in such an inquiry will get larger and larger as the number of observation increases
Premium Sampling Sample Stratified sampling
Complete the Scientific Method activity on the student website. Write a 350-word paper on the scientific method. Include the following: Summarize the steps of the scientific method * * Observation: a noticeable event that has been witnessed. * * Question: a question attempts to explain the observation ex: why is this happening. * * Hypothesis: a statement made to predict the solution and outcome. * * Prediction: based on the hypothesis‚ indicates the
Free Scientific method Hypothesis Prediction