Survey on Current State of Economy January 2013 -2FICCI Survey on Current State of Economy‚ January 2013 Highlights The global economic situation continues to be difficult. Economic situation in both US and Euro area remains uncertain. U.S. gross domestic product shrank 0.1% in the fourth quarter of 2012—the worst performance since 2009. Wednesday’s Federal Open Market Committee statement acknowledged that economic activity paused in recent months‚ but there was no change to monetary policy.
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while for a part of the respondents who haven’t done online shopping‚ it doesn’t seem easy. Most of the respondents are satisfied with availability of information in the online market. The products in the online market seem to be cheaper than the traditional market. Interestingly‚ a small part of the respondents have experienced higher prices. Convenience is a major reason for increased online shoppers. Even with high popularity‚ respondents still doesn’t feel online shopping to be secure. Most of
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Mixed economy Features 1. Co-existence of public and private sectors: Both public and private enterprises exist in this economic system. The role and areas of both the sectors arc well defined. The relative roles assigned to the public and private sector differ from economy to economy. But generally the public sector is expected to perform certain basic functions such as: (i) Development of economic infrastructures. (ii) To promote basic industries that require huge investment and are of
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(NAFTA)‚ it remains a tangential concern‚ and the presumption is often made that economic - growth and economic liberalization (including the liberalization of intemational trade) are‚ in some sense‚ good for the environment. This notion has meant that economy-wide policy reforms designed to promote growth and liberalization have been encouraged with little regard to their environmental consequences‚ presumably on the assumption that these consequences would either take care of themselves or could be dealt
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We Need a Traditional Chinese Medicine Kelly Ross said‚ “The U.S. economy was broken long before the Crash of 2008‚ but its weakness was temporarily papered over by a real estate bubble in the Bush years.” (Ross‚ 2012) It seems like that we are experiencing a financial crisis right now‚ but the truth is that our economy system is weaker than what we thought. How do we resolve the underlying problems? Think about China‚ why is China doing so well? Cheaper labor cost‚ lager export‚ or huge
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as in market economies‚ and you cannot increase it all that much by working harder or innovating new technology. The only path to better lifestyle is joining the ruling elite‚ or stealing from the system and otherwise entering the black market. The reason that standard of life does not grow so fast is that there is no innovation‚ and that is b/c innovation means taking a risk‚ and "equal-reward" approach means that rewards are not enough to justify the risk.’ Planned Economy In a planned
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LEVEL 1:1 (VISITING) PRESENTATION QUESTION: Types of economies Societies have developed different broad economic approaches to manage their resources. Economists generally recognize four basic types of economic systems—traditional‚ command‚ market‚ and mixed. “Economics is the study of the use of scarce resources to satisfy unlimited human wants” (Lipsey‚ Courant‚ Purvis and Seiner 1993:5) In the traditional System the economy is based on tradition‚ customs and habits where the young men
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different answers: command economies directed by a centralized government‚ and market economies based on private enterprise. Today‚ in the last decade of the 20th century‚ it is clear that‚ for people throughout the world‚ the central‚ command economy model has failed to sustain economic growth‚ to achieve a measure of prosperity‚ or even to provide economic security for its citizens. Yet for many‚ the fundamental principles and mechanisms of the alternative‚ a market economy‚ remain unfamiliar or
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Activity #2 8-15-00 Traditional African Religion The Religious Sphere There is widespread belief in a supreme God‚ unique and transcendent. Africans have a sense of the sacred and sense of mystery; there is high reverence for sacred places‚ persons and objects; sacred times are celebrated. Belief in the after life is incorporated in myths and in funeral ceremonies. Religion enfolds the whole of life; there is a difference between life and religion. Ancestors mediate between God and men
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Social Science (Area Studies) 2011-17964 Dumalaog‚ Frances Camille BA Development Studies 2011-29085 Juane‚ Marc BA Social Science (Area Studies) 2011-17964 Anthropology 167: Medical Anthropology TRADITIONAL CHINESE MEDICINE A Background on Traditional Chinese Medicine and TCM in China Traditional Chinese Medicine (TCM)‚ also known as Chinese medicine (中医)‚ is an umbrella term for various medical practices developed in China. TCM traces its history since the period of the mythical “Yellow Emperor”
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