Q.1 Define Inflation? Ans. Inflation is a condition‚ when cost of services coupled with goods rise and the entire economy seems to go haywire. Inflation has never done good to the economy. Inflation and economic growth are parallel lines and can never meet. Inflation reduces the value of money and makes it difficult for the common people. Causes of Inflation 1. Demand Pull Inflation If the economy is at or close to full employment then an increase in AD leads to an increase in the price level
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Business Economics for the World Market Vietnam Group Project Summer 2012 Post World War II Economic History The post WWII economic history of Vietnam has been through many changes. These changes were due to the result of war‚ political ideologies‚ and natural resources. The most notable change was the division of North and South Vietnam. The economic division of North and South Vietnam had been in place since the colonial influences of France. Each division had its own economy with unique
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to the world in both economic and political terms. Indeed‚ Africa has never existed apart from world politics‚ but has been unavoidably entangled in the ebb and flow of events and changing configurations of power. This essay seeks to examines external involvement in the continent‚ exploring how Africans and in particular‚ African political actors interact with each major external states and international organisations currently influencing African politics. BACKGROUND (AFRICA’S ROLE IN WORLD IN THE
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striking a chord with the most underrepresented and disadvantaged citizens of a nation. With enough backing‚ fringe ideas wield the ability to force their way into the minds of the populace‚ providing strength to the once-languished. Using A Tale of Two Cities‚ influential author of numerous classic works‚ Charles Dickens‚ illustrates the gaping holes in rhetoric and action widely disregarded during the class-based French Revolution of the late 1700s as well as criticizing his own country‚ England‚ for
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were two of the most powerful and well known cities among all the Greek nations. Both Athens and Sparta had many similarities and differences whether it is culturally or politically. For instance the way that these cities were governed and their political procedures and functions are similar yet much different from each other. There were many differences and similarities between Athens and Sparta both culturally politically. One major difference between the two major cities was the way in which
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ECONOMIC GLOBALIZATION AND THE ROLE OF INDIA IN THE PROCESS BY Dr V P RAGHAVAN SENIOR FELLOW MINISTRY OF CULTURE GOVERNMENT OF INDIA e-mail:drvpraghavan@yahoo.co.in ECONOMIC GLOBALIZATION AND THE ROLE OF INDIA IN THE PROCESS Introduction Globalization is the captivating catchword all over the world. Some may praise its gainful fortunes while others denigrate its disfavoring vices. Globalization‚ as an economic phenomenon‚ denotes
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Call Center Technology in the Philippines New graduates like to call it a stepping stone to a better career while others see it as a glorified phone operator job. No matter what people think about the call center industry‚ there is no doubt that it has been a sector that has helped boost the local economy and has put our country back on the global trading map. Contact centers in the Philippines offer 24/7 multilingual and multimedia supported premium services for marketing‚ sales‚ customer care
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New York: City and the World The documentary New York: city and the world‚ by helen loyd gives an insight into the life of New York city‚ post the second world war. It reveals the history behind the urbanism of New York. The documentary helps the viewer to understand the different phases of transformation that New York went through in the 20th century. It also explains the widespread effect that Moses had over New York and how Jane Jacobs brought him down. A city is a home to all its people. Every
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For millennia‚ women have left their mark on the world‚ at times changing the course of history and at other times influencing small but significant spheres of life. Only in the past century‚ however‚ have concerted efforts been made to represent women’s contributions more fully in history books. Consequently‚ changes in status for many women in modern times—the right to own property‚ to vote‚ and to choose their own careers—may obscure the accomplishments made by women of earlier eras. In selecting
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The Role of English in the world today In the last years English plays more and bigger role as in the life word society as in the life of every person. Now the time when communication between people allows to find solution any problem from global to privet. First of all‚ the English is the main language of most international organization like the United nations‚ NATO‚‚ European Free trade Association. Diplomats and politicians from different countries use this language to communicate with each
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