focuses on two systems of economy‚ that is Market economy and Command economy. Basically there are four types of economy: Traditional Economy: As the word says‚ Traditional economy is an economic system in which traditions‚ customs and beliefs of the economy guides the production of goods and services. Command Economy Command economy is a system in which government plays a major role in taking the production decision for goods and services in the economy. Market Economy Under this system‚ goods and
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set out‚ through an investigation into the Zimbabwean experience‚ to examine the role local Non-Governmental Organisations (NGOs) can play to uphold human rights in a repressive environment‚ in response to state-induced internal displacement situations. The debate about NGOs and their role in the triadic development process (state‚ markets and NGOs) is explored. While NGOs have been projected as the development ombudsman‚ questions about their effectiveness‚ transparency accountability‚ and being
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Everyone notices it. They struggle with it‚ fight to survive through it‚ and when push comes to shove‚ they end up paying it anyways. It is gas taxation. Taxes on gas hit wallets hard and drain bank accounts. The federal gas tax was a mere penny per gallon and first came into effect in 1932 as a temporary charge. Nine years later‚ the gas tax became permanent through the Revenue Act of 1941 in order to help fund the war effort and increased by half a cent per gallon. In 1959‚ President Eisenhower
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Advanced Taxation Lecture 1 Indirect Taxation 2012 Dr Nakha Ratnam Somasundaram Advanced Taxation 1 Indirect taxation 2012 Dr Nakha Ratnam Somasundaram - Advanced Taxation 2 Indirect taxation • Indirect taxes consists of the following taxes: – – – – Sales tax Service tax Excise duty Customs duty • These taxes are collected by the Director General of the Royal Malaysian Customs. 2012 Dr Nakha Ratnam Somasundaram - Advanced Taxation 3 ROYAL MALAYSIAN CUSTOMS: HTTP://WWW.CUSTOMS.GOV
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References: Hoffman‚ W. (2013). South-western federation taxation 2013: individual income taxes.. Cincinnati: South-Western
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PEDAGOGICAL STRATEGIES FOR THE TEACHING OF MATHEMATICS IN NIGERIAN PRIMARY SCHOOLS FOR SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENT BY AJILEYE‚ Adewole Mukaila Department of Mathematics Osun State College of Education‚ Ilesa E-mail: ajileye4ever@yahoo.com Abstract For a country to be technologically developed there is need for efficient handling of mathematics at levels of education. The perennial low performance of pupils in mathematics has been attributed among other things to inadequate
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AUDITING EXPECTATION GAP: NIGERIAN PERSPECTIVE Abstract The audit expectation gap is critical to the auditing profession because the greater the unfulfilled expectation from the public‚ the lower the credibility earning potential and prestige associated with the work of auditors. The study examined the level and nature of expectation gap (performance gap) between auditors and users of financial statements. It sought to establish whether audit expectation gap exists in Nigeria and the perception
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Wage Wage is the fixed amount of compensation for service rendered covering a fixed period of time‚ usually hours‚ or fixed amount of work. It is usually a compensation given to skilled and unskilled labor. Commission is usually a wage given to skilled and unskilled labor. Commission is usually a wage given to a salesperson based on the amount of his sales. This amount is usually added to basic salary. Bonus is given to simulate employees to work more efficiently and effectively (Valencia &
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the American colonies. On one hand‚ the Parliament wanted ultimate control over issues and decisions made. While on the other hand‚ the Colonist wanted someone speaking up for them on these issues because to them this was inadequately justifiable. Taxation without representation is what the colonist have considered being done wrong by the British Government. The Colonist believed
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Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin‚ and transparency international Agency annual publications and analyzed using econometric approach. The stationary status of the time series
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