In India‚ the concept of plastic money caught on in the late1980s only after private sector banking came into practice. • Debit card Debit cards are upgraded atm cards branded with Visa‚ Mastercard‚or other familiar credit cards company logo. They look exactly like credit cards except directly tap your checking account every time when you make a purchase or withdrawl. They are easier‚ more convenient ‚less burdensome and offer greater access to your money than do checks ‚ATMs‚ or credit cards
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WEAPON OF MASS DESTRUCTION: MEDIA When the media first arose‚ the media were only used to provide communication and information. But‚ development of technology and life conditions affected the media. Today‚ media have a new concept including different purposes like entertainment advertisement. This newness contributed the effects of the media on people. Today‚ in every house parents and children use TV‚ newspaper‚ PC‚ radio‚ so‚ the most important factor affecting people is the media. The media
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MONEY AND BANKING CONTENTS What is MONEY? 3 Characteristics of money 3 Measurements of money 4 Money and the economy 6 Relationship between Prices and Inflation 6 Why Money Supply Matters 7 Banking 8 General History 8 History in United States 8 Banking basics 9 Other Financial Institutions 9 International Banks 10 Structure of banking industry in U.S. 10 Interest Rates 11 Banking Business 11 Liquidity management by banks 11 Multiple Deposit Creation 14 Banking services 16
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MONEY AND CREDIT Double coincidence of wants is an essential feature When both parties have to agree to sell and buy each others commodities. This is known as double coincidence of wants. What a person desires to sell is exactly what the other wishes to buy. A barter system has deficiencies. 1. Barter exchanges become extremely difficult in a large economy because of the high costs people would have to incur looking for suitable
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ESSAY CONTEST: Borrowing Money There are people in the U.S today who have never taken out a loan‚ made a purchase on credit‚ or owned a credit card. What these people know is that you can get into financial difficulty if you borrow too much‚ too frequently. What these people misunderstand is that it’s frequently beneficial and convenient‚ to make purchases by borrowing. Successful borrowing can help you create a positive credit history‚ which is important for many reasons. Even if you do
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History of money The history of money spans thousands of years. Numismatics is the scientific study of money and its history in all its varied forms. Many items have been used as commodity money such as natural scarce precious metals‚ cowry shells‚ barley‚ beads etc.‚ as well as many other things that are thought of as having value. Modern money (and most ancient money) is essentially a token — in other words‚ an abstraction. Paper currency is perhaps the most common type of physical money today.
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Bring your own device (BYOD) is a business policy that allows employees to bring their personal mobile devices to work and connect to company’s resources such as files and databases as well as their personal data and application. Cost saving is one of the top advantages a company may experience adopting itself to the BYOD policy since they’re not required to purchase expensive devices for their employees. Increased productivity mobile devices help employees to engage in their work while on the go
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Money and Inflation The nation’s economic stability has many factors which amount to inflation. Inflation may be caused by a number of problems‚ but there are some specific examples which have direct control over which way the prices and spending sway. Inflation simply means that the American dollar‚ in this case‚ is less valuable on the foreign exchange market and the gold standard is moved to higher prices; which simply means that more currency is needed to exchange for gold. Any slight
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In Frankenstein‚ the relationship of creation and destruction impacts Victor tremendously when the monster asks him to create a female monster companion (Shelley 104). The female monster’s creation leads to the Victor’s destruction. Victor refuses to create this monster‚ but the monster threatens Victor: “…I will work at your destruction‚ nor finish until I desolate your heart…” (104-105). The monster is filled with hatred‚ and he threatens to destroy everything that is close to Victor if he does
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doing a job. We do not live independently‚ but in communities and have to find our place in society. Choosing one´s job is a challenge and it can take time to make a final decision and choose the job we would like to do. In childhood and even later as teenagers‚ we do not think hard about how important such a decision is. We want to be pop singers‚ actors‚ actresses or even top sportsmen. As we grow up‚ we become wiser‚ gain more knowledge about ourselves and society we live in‚ and we gradually
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