THE ADVENT OF EUROPEAN DISCOVERY AND CONQUEST FERDINAND MAGELLAN * A Portuguese explorer who is known as the first circumnavigator of the Earth. * Born in 1480 at Saborosa/Sabrosa in Villa Real‚ Province of Traz os Montes‚ Portugal. * His first stint as a maritime explorer began in 1505 when he offered his services to be a part of Francisco d’Almeida’s expedition. * Ferdinand Magellan renounced his citizenship and offered his services to the King of Spain. TREATY OF TORDESILLAS
Premium Ferdinand Magellan Cebu Philippines
Expected Monetary Value In a business environment‚ we frequently use probabilities to assess alternative financial decisions Example 1: A coin is tossed ten times. When a head is obtained‚ €4 is won. When a tail is obtained‚ €2 is lost Calculate the expected winnings. Outcome HEAD TAIL Winnings €4 -€2 Probability 0.5 0.5 Expected winnings in one toss: Expected Monetary Value (or just Expected Value (EV) = €1 Note: You never actually receive
Premium Decision theory Expected value Risk
Monetary/Fiscal Policy Government monetary and fiscal policies change all the time. These policies are installed or fixed for the betterment of trade‚ inflation‚ unemployment‚ the budget‚ or many other economic factors. In my opinion‚ it seems like two people have the majority of the control when it comes to forming these policies. The first person who influences these policies is President Bill Clinton who proposes tax cuts‚ to balance the budget (Clinton’s budget proposal should be given to
Premium Monetary policy George W. Bush Unemployment
Poverty in the Philippines UN Millennium Development Goal Poverty in the Philippines UN Millennium Development Goal MDG 1 Report: Poverty in the Philippines INTRODUCTION Poverty reduction has been a major problem for all developing countries. As Kofi Annan stated “The biggest enemy of health in the developing world is poverty” (Kofi Annan‚ cited in WHO‚ 2013). Poverty is experienced all over the world but its effect is most significantly seen in developing countries like Philippines‚ one of the
Premium Poverty Millennium Development Goals United Nations
PERMBAJTJA: 1. Cfare eshte Fondi Monetar Nderkombetar?..............................................................................2 2. Pak Histori per FMN…………………………………………………………………………..2 3. Fakte per FMN………………………………………………………………………………...2 4. Organizimi dhe Qellimi………………………………………………………………………..3 5. Kush e drejton FMN?................................................................................................................4 6. Cfare ben FMN?..........................
Premium
TERM PAPER IN MICROECONOMICS BY: MA. DAYANARA P. MANAIG TO: PROFESSOR JOYCE COLCOL Economy of the Philippines The Philippines is a developing country in South-East Asia. In 2004‚ it was ranked as the 24th largest economy by the World Bank according to purchasing power parity. The Philippines is one of the newly industrializing countries in the world. Important sectors of the Philippine economy include agriculture and industry‚ particularly food processing‚ textiles and garments‚ and electronics
Premium Philippines Economic growth Economics
Philipinne Folk Dances 1. SAYAW SA BANGKO This dance is native to the barrio of Pangasinan‚ Lingayen‚ Pangasinan‚ and demands skid from its performers who must dance on top of a bench roughly six inches wide. Performed on a top of a narrow bench. Dancers need good balance as they go through a series of movements that include some impressive acrobatic. COSTUMES : Men: camisa de chino with neckerchief around neck‚trousers rolled up‚ Women: Patadyong: Both are without
Free Philippines Tagalog language Dance
I. Introduction to the tax systemThe laws governing taxation in the Philippines are contained within the National Internal Revenue Code. This code underwent substantial revision with passage of the Tax Reform Act of 1997. This law took effect on January 1‚ 1998.Taxation is administered through the Bureau of Internal Revenue which comes under the Department of Finance. The chief executive of the Bureau of Internal Revenue is the Commissioner who has exclusive and original
Free Tax Taxation Taxation in the United States
I. Introduction The Politics of the Philippines takes place in an organized framework of a presidential‚ representative‚ and democratic republic whereby the president is both the head of state and the head of government within a pluriform multi-party system. This system revolves around three separate and sovereign yet interdependent branches: the legislative branch‚ the executive branch‚ and the judicial branch. Executive power is exercised by the government under the leadership of the president
Premium Provinces of the Philippines Regions of the Philippines
What is Monetary policy? Explain the general objectives of monetary policy. 103 days ago by Galaxy Edu Planet 0 Q. What is Monetary policy? Explain the general objectives of monetary policy. Answer: Monetary Policy Monetary policy is a part overall economic policy of a country. It is employed by the government as an effective tool to promote economic stability and achieve certain predetermined objectives. Meaning and Definition: Monetary Policy deals with the total money supply and its management
Premium Inflation Macroeconomics Money supply