An economy or economic system consists of the production‚ distribution or trade‚ and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals‚ businesses‚ organizations‚ or governments. Transactions occur when two parties agree to the value or price of the transacted good or service‚ commonly expressed in a certain currency. In the past‚ economic activity was theorized to be bounded by natural resources‚ labor‚ and capital
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Should we ban P2P file sharing? By kavinyao‚ Yao December‚ 2009 Intro Peer to peer (P2P) computing‚ which is a specific implementation of distributed computing‚ has been described as a most promising technology since it can be applied to many fields and it has made great contributions. P2P file sharing‚ or P2P file exchanging‚ is one typical application of P2P and one caused great debates as well. In this paper‚ I will introduce the general theory of P2P file sharing‚ the features and drawbacks
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Post-war Afghan Economy How National is the National Development Framework By SIBA SANKAR MOHANTY Afghanistan occupies a central significance in South Asia owing to its geo-strategic location and natural resources-but is considered as one among the poorest countries in the world. Being a small‚ land locked and poor country with around 85 percent of its population depending on agriculture‚ and its socio-economic structure being influenced in every respect by external forces for more than twenty
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several different ways. The two main economies that seem to act as basic levels of functioning economies are command economies and market economies. These two economies work in various ways and provide interesting things for consumers and businesses. However‚ even though a command economy and a market economy have various similarities and differences‚ a market economy is ultimately more beneficial for a country. Command economies and market economies have different degrees of government
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The underground economy consists of concealed legal economic activities undertaken to evade taxes or illegal economic activities (i.e.‚ trafficking‚ drugs‚ and prostitution) with unreported barter and cash transactions that take place outside recorded market channels. These types of barter and cash transactions are hard for government authorities to trace and are the lifeblood of the underground economy. These underground activities are often very productive and are not included in the gross domestic
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The world economy - a multi-level‚ the global economic system‚ combining the national economies of the world on the basis of the international division of labor through a system of international economic relation. There are global problems such as: - Preventing the threat of another world war‚ - Overcoming the ecological crisis and its effects‚ - Narrowing the gap in economic development between developed Western countries and developing countries of the "third world" . - Stabilization of the
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Do Artists Benefit from Online Music Sharing? Author(s): Ram D. Gopal‚ Sudip Bhattacharjee‚ G. Lawrence Sanders Source: The Journal of Business‚ Vol. 79‚ No. 3 (May 2006)‚ pp. 1503-1533 Published by: The University of Chicago Press Stable URL: http://www.jstor.org/stable/10.1086/500683 . Accessed: 26/06/2011 07:17 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms
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GLOBAL ECONOMIES Global Economies: The New Paradigm of Trans-Global Industry and Commerce Submitted in Partial Fulfillment of the Degree of PhD in International Business and Program Management 1 Kelly Eugene Higgins I.D.: UD17818BIN25641 Atlantic International University‚ Honolulu‚ HI 8 June 2013 GLOBAL ECONOMIES Part 1 Reflection Despite the attempted global empires that have existed and flourished to greater or lesser extents throughout the history of human civilization‚ the
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Economy of Turkey About Turkey – Turkey is a vibrant amalgamation of two unique cultures‚ reflecting a diverse collection of ideas‚ beliefs and values. Crossing both European and Middle Eastern boundaries‚ Turkish society is patriotic and proud of its ancestry and achievements. The rapid modernisation of the country‚ combined with its traditional values‚ makes Turkey a fascinating market for foreign businesses but requires an understanding of its cultural design in order to secure your future
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Philippines Economics Table of contents 1. General Information 2. Agrarian Economy 3. Industrial Economy 4. Services Industries 5. Conclusion 1. General information The Philippines are located in Southeast Asia in the Western Pacific Ocean. 7‚107 Islands are part of the republic. The islands are divided into three major groups: Luzon‚ Visayas‚ and Mindanao. The South China Sea defines its western borders and the Pacific Ocean its eastern limits. The country-
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