POSSIBLE WAYS OF MITIGATING HIGH BANK LENDING RATES IN ZAMBIA The first thing that must be done in order to mitigating the problem of high bank lending rates is by reducing the gap between interest rate on Treasury bills and inflation. It must be borne in mind that the gap must not be reduced by increasing the level of inflation but by reducing the level of interest on TBs so that it comes close to that of inflation. The target will be to reduce the correlation of the relationship between interest
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A. ’Educational system reproduces systems of social stratification in modern capitalist societies’. Analyze this statement by addressing the following questions/topics; 1. What is social stratification? Why are class‚ caste‚ gender and ethnicity considered to be systems of stratification? Answer- Social stratification is the division of society into different groups in a pattern of ranking. In simple sentence‚ social stratification means inequalities between different groups of people
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ESSAY Subject: History of Civilizations Question: 1. Analyze the Indian caste system and compare it to modern social stratification of the society. Discuss and identify similarities and differences. "Birth is not the cause‚ my friend; it is virtues which are the cause of auspiciousness. Even a chandala (lower caste) observing the vow is considered a Brahman by the gods." (Lord Krishna) In period of around 1500 BCE‚ Indo-European civilization called Aryan‚ settled in south-east
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Social Stratification‚ Social Closure‚ Social Mobility and Inequality within the United Kingdom. Stratification looks at the causes for divisions within the UK – such as inequality with jobs‚ education and opportunities. In the UK‚ stratification is hierarchical and looks at wealth‚ ownership and assets. The term ‘stratification’‚ essentially means a formation of layers in which different institutions cluster together to make the whole of society. Within the UK‚ stratification is class based and
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Social stratification has been a key role affecting the lives of many people in the Unites States. As a country that once allowed slavery‚ the United States has been a place in where inequality base not only in skin color‚ but gender‚ class‚ and ethnicity has always been present. Although we are now living in a country that had abolished slavery and has laws against discriminations‚ inequality still affects the lives of many people. In order for individuals to succeed and socially and intellectually
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others.” Therefore the essence of this paper is to critically discuss the extent to which social stratification is useful and inevitable in society.It will start off by providing definitions of technical terms.In order to arrive at a clear understanding of the subject under discussion‚the concept of social stratification shall also be explained.In addition‚the main systems involved in social stratification will be highlighted.Afterwards‚the main subject matter will be discussed and in line with this
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national planning & Development and Ministry of Home Affairs in Zambia 1.0 Introduction Zambia a democratic country is one of the former rich countries in Africa who is now among the poor ones in the African continent. She has not been left out of the public sector reforms that are worldwide. Although globally the public sector reforms have greatly improved as noted by ACCA (2010)‚ most developing countries are still lagging behind and Zambia is no exception. Most accounting researchers agreed that
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Marx class theory derived from his belief that class divisions are not found in all forms of society; classes are a creation of history. For Marx‚ classes are defined and structured by firstly‚ who owns or has property and means of production and who does the work in the production process‚ secondly the social relationships included in work and labour‚ and thirdly who produces and who rules the surplus human social labour can produce. All of these aspects of Marx class theory will be further explored
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(AFRODAD)‚ 2007. ¡¥the impacts of wrong policy advise on Zambia¡¦. Jauch H‚ 1999. Structural Adjustment Programmes: their origin and international experiences Jorgensen N.O‚ 1982. Housing finance for low income groups. Housing research and development unit Mulundu I‚ 1997. The effects of Structural Adjustment Program on the property market; case of shops in Ndola Spicker P‚ 2002. An introduction to social policy. London Saasa O S‚ 1996 Zambia. Lusaka Turner J.F.C‚ 1976 Touwen A‚ 1996. Structural Adjustment
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domestic and global‚ illuminate the inevitability and functionality of stratification. Discuss. The Cambridge Dictionary of Sociology defines inequality as ‘the unequal distribution of opportunities‚ rewards‚ and power among and between individuals‚ households and groups’(1). It goes on to say that ‘the subfield of social stratification has as its main task the description and analysis of inequalities‚ or the makeup of the stratification system of any given society’.(1) From this one definition‚ we can
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