The advantages of a mixed economy are many. Depending on the ratio of capitalistic elements to socialist or mercantile elements‚ there are many freedoms in a mixed economy. People may go into business for themselves‚ decide what they will produce or sell‚ and set their own prices. Business owners and merchants pay taxes‚ but they reap the benefits of those taxes through social programs‚ roads and other infrastructure elements‚ and other government services. The mixed economy is helpful in increasing
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Advantages of a nuclear family are: 1.) Stability. A child raised by the same two parents during their maturing years is more likely to have emotional bonding and relationship stability. Children raised by a single parent will likely have a sense of loss for the missing parent and lack the advantage of duel insights‚ emotional support and examples that come from having both a mother and a father. 2.) Legacy. A nuclear family of a husband and wife provides a life long consistancy of purpose
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introduced the triple A strategy to help better analyze the competitive advantage of a firm outside the home country. As shown in figure 2‚ the framework focus on the adoption of local responsiveness‚ aggregation of economies of scale and arbitrage of absolute economies under the globalization of markets. He argued that company must allocate one or more factors as to compete globally. Walmart is achieving the three competitive advantages simultaneously. As discussed above of the Walmart China‚ the company
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1. The advantages of being bilingual There are many advantages of being bilingual. It can get you many places in life and could help you in a time of need. Knowing English as a second language is a good thing in many western countries. There are many English-speaking people in western countries and knowing English will help you to communicate with people. Also‚ I travel to America a lot for vacations‚ so knowing English helps. The third is that if I want to have a conversation with foreigner it
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ADVANTAGES OF VERBAL COMMUNICATION ARE; No use of technology to interact that would waste natural resources. It is the fastest way of interaction with each other. It is less expensive to interact with people. It is easier to understand a conversation than some other multimedia means of communication. During verbal communication you can utilize nonverbal cues such as tone‚ body language‚ inflection. You can have long conversations. And does not require lots of repetitions. Because it is clear
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Advantages and Disadvantages of Wind-Generated Electricity A Renewable Non-Polluting Resource Wind energy is a free‚ renewable resource‚ so no matter how much is used today‚ there will still be the same supply in the future. Wind energy is also a source ofclean‚ non-polluting‚ electricity. Unlike conventional power plants‚ wind plants emit no air pollutants or greenhouse gases. According to the U.S. Department of Energy‚ in 1990‚ California’s wind power plants offset the emission of more than 2.5
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effective way of obtaining a final and binding decision on a dispute without reference to a court of law. With this‚ the controversial question regarding the advantages and disadvantages of arbitration over litigation has occurred by also bringing along two different perspectives as to the issue in question. There are some several major advantages that make arbitration a more desirable and preferable method as a dispute resolution rather than litigation. Although there are some disadvantages of arbitration
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This paper is submitted by mechanupam (ANUPAM BASU) Advantages of CNG It is the most economical & environment friendly fuel available. Though the initial cost of conversion kit may seem to be high‚ the same can be recovered in less than 2 years because of low operating cost. It is the most economical & environment friendly fuel available. Though the initial cost of conversion kit may seem to be high‚ the same can be recovered in less than 2 years because of low operating cost. CNG is environment
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Discuss the ways in which the proles are presented as being different to Winston and the people he works with. What might be the advantages of being a prole? One particular way the Proles are presented as being different to Winston and the people he works with is that they are written as not being well-educated‚ if educated at all. An example of this would be ‘ “Nex’‚ please!” yelled the white-aproned prole’ (page 58). By shortening words‚ Orwell has portrayed the proles as simpler and less intelligent
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Conclusion With the presence of the modern technology nowadays‚ human live in a world surrounding with full of modern technologies. Modern technology is simply an advancement of old technology. The impact of modern technology in life is unpredictable. Throughout our video assignment ( Modern technology bring convenience to our life ) ‚ we have discovered the convenience of having modern technology in our life. First of all‚ modern technology give us fast access of information. We can get quick
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