HOW TO ENHANCE FACTORS OF PRODUCTION TO GROW AN ECONOMY Vicky Michaella IRADUKUNDA How to enhance the of production factors to grow an economy? Factors of Production are an economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land‚ labor‚ capital and entrepreneurship. The capital is all of the tools and machinery used to produce a good or service. Land represents all natural resources
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of timber production is more considerable and alternative systems to clear-felling (large areas of woodland cut down at the same time) are used. Coppicing (management based on regeneration by regrowth from the cut stumps) can be used for some hardwood species‚ such as willow‚ hazel and ash‚ and causes least disruption on the forest ecosystem. set aside’ land schemes’ This scheme is set to encourage land owners / farmers to allow areas of land previously used for food production to return
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SILK Silk is undisputedly the most beautiful of all natural fibers‚ with its unearthly sheen. It is also uncommonly strong‚ even at its finest‚ when it is almost invisible. It is unlike any other fiber used to make fabrics‚ for it is neither grown in a field or on an animal. It is not manufactured in a factory. A humble caterpillar about the size of a woman’s smallest finger produces the silk fiber‚ spinning it out of its mouth‚ using tiny fore-legs to place the silk where it should go. It is
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African Journal of Biotechnology Vol. 7 (20)‚ pp. 3749-3752‚ 20 October‚ 2008 Available online at http://www.academicjournals.org/AJB ISSN 1684–5315 © 2008 Academic Journals Full Length Research Paper Ethanol production potential of local yeast strains isolated from ripe banana peels A. A. Brooks Department of Microbiology‚ University of Calabar‚ P.M.B. 1115‚ Calabar‚ Nigeria. E-mail: brooks.akan@yahoo.com. Tel: 08037956762. Accepted 16 May‚ 2008 The ability of different yeast strains
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* Fewer parts to deal with in inventory & manufacturing * Less costly to fill orders from inventory * Reduced training costs and time * More routine purchasing‚ handling‚ and inspection procedures * Opportunities for long production runs‚ automation * Need for fewer parts justify increased expenditures on perfecting designs and improving quality control procedures. Disadvantages of Standardization * Decreased variety results in less consumer appeal. * Designs
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involved the pretreatment of milk follow by the homogenization‚ heat treatment‚ cooling to incubation temperature‚ inoculation with starter‚ fermentation ‚ cooling‚ post fermentation treatment‚ chilling and lastly packaging for commercial yogurt production. In this experiment‚ the making of yoghurt followed the batch process. The 1000ml of UHT milk is mixed with some milk powder to increase the content of milk solid non fat in the milk in order to improve the texture with the help of protein functionality
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Managing Employment Relation Factors on employment relationship The employee relation is a balancing act between what the employee and employer needs. Employees generally want to make enough money to live comfortably and be able to have a good balance between work and home life‚ the employer usually want to make money or provide a good service( depending on the organisation) and to have employees work hard without paying employees too much. There is a fine line between the both of them‚ they
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the Balance of Payments (BOP) of the various member countries. For this reason‚ governing bodies such as the IMF were established for member countries that may have difficulties keeping their Balance of Payment out of deficit. INTERNATIONAL MONETARY SYSTEM (IMS) - The IMS could be defined as the establishment of rules‚ customs‚ practices and institutions that deal with money - debts‚ payments‚ investments - by which countries value and exchange their currencies internationally - IMS exist
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central bank regulation that sets the minimum fraction of customer deposits and notes that each commercial bank must hold as reserves with the RBI. * Cash Reserve Ratio is also used as a tool in monetary policy by changing the amount of funds available for banks to make loans with. * Effects on money supply: If the reserve requirement set by the RBI is high‚ the amount of funds with the commercial banks to loan out would be low thereby leading to lower money creation in the economy and vice
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How to Do Well on a Job Interview by Glenda Davis 1 Ask a random selection of people for a listing of their least favorite activities‚ and right up there with “getting my teeth drilled” is likely to be “going to a job interview.” The job interview is often regarded as a confusing‚ humiliating‚ and nerve-racking experience. First of all‚ you have to wait for your appointment in an outer room‚ often trapped there with other people applying for the same job. You sit nervously‚ trying not to think
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