Poverty is defined in many ways. The dictionary definition simply does not suffice to show the human cost of poverty. Poverty is much more than the limited capital resources that this definition suggests. Poverty is defined by the federal government as 16‚660 for a family of four in 1998 ("Child Poverty in the United States" 2000). These figures are tremendously flawed; a single individual residing in the United States would not fare well by the standards of most individuals at this income level
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nation. There is increase in level of immorality‚ crime‚ self centeredness e.t.c which slows down the pace of national development. Many people attributed this to our system of education as people say ‘No nation can grow above the level of her education’. This is to bring to light the significant of the correlation between the three key concepts ‘Education’ ‘Teacher’ and ‘National Development’. EDUCATION Education in its broadest‚ general sense is the means through which the aims and habits of a
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Absolute Poverty Sufficient to Achieve Economic Development? Absolute poverty is when people are only able to meet the bare essentials of life such as food‚ clothing‚ clean water‚ education‚ shelter etc. Economic development is the improvement of people’s freedom to live long and healthy lives and to focus on other goals they have reason to value. Reducing absolute poverty should‚ in theory‚ help achieve economic development. This is mainly down to the fact that once absolute poverty is reduced
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Economic development is the sustained‚ concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital‚ critical infrastructure‚ regional competitiveness‚ environmental sustainability‚ social inclusion‚ health‚ safety‚ literacy‚ and other initiatives. Economic
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Development Economics focus is on methods of promoting economic growth and structural change. The early proponents of development as a policy emerged with Keynesian Macroeconomics which encouraged the need for Government Intervention in order for economic growth to take place. This theory identified that fixed capital formation was a major source of economic growth and development. It also pointed out a need for a raise in domestic savings rate in the poor countries since savings led to investment
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co-ordination and direction of the bodily activities setbacks in the education system would act as a hindrance to economic development. Thus‚ the single most significant complex of social-control tools for national development is found in the educational system; be it formal or informal. (Uwadia ‚ 2010). It is also accepted that the development of any nation depends largely on the development of the human population in that nation which can majorly be improved through education. Smith (1937) stressed
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The Economic Impact of SUVs “The SUV (Sports Utility Vehicle) is one of the most popular types of vehicle to both own and drive. Last year‚ SUVs and minivans outsold conventional cars for the first time. However‚ the SUV is increasingly coming under attack for its fuel economy‚ emissions standards and safety record. Vehicle fuel efficiency across the US is now at its lowest level since 1980. However‚ former California governor Gray Davis signed legislation requiring the California Air Resources
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THE IMPACT OF TECHNOLOGY ON MARKETING IN NIGERIA BY EMMANUEL OMOBHUDE IRABOR COMPUTERS AUCHI ABSTRACT With a few exceptions‚ available literature tends to uphold the view that technology has become a universally relevant concept in every business organization. Some argue that a consistent and positive relationship exists between Marketing and Technology. This paper therefore‚ proposes that with its effects on marketing‚ organizations and practitioner can create a symbiotic
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characteristics of Economic Development A country or a society’s economic development is usually associated with rising incomes and related increases in consumption‚ savings‚ and investment. Surely‚ there is far more to economic development than income growth; for if income distribution is profoundly swerved‚ growth may not be conducted by much progress towards the aims that are usually connected with economic development. But what other characteristics are linked with economic development? Low
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Philippines’ Economic Development Economic development: the qualitative process of structural change that involves the development of an economy’s economic and social infrastructure. Economic development involves the use of more resources or better quality resources to improve real increases in the quality of life of society. The construction of roads‚ railways‚ schools‚ hospitals‚ universities‚ dams‚ bridges‚ factories‚ power plants‚ ports and airport facilities are examples. Statistics: 1980
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