3 Outcomes Task 1 & 2 Pass - Describe the influence of two contrasting economic environments on business activities within a selected organisation Task 3 Merit - Analyse the impact of changes in demand and supply on a selected business Distinction - Evaluate to what extent a selected business is likely to be affected by changes in the economic environment The managing director of Spangles Ltd was looking at some UK economic forecasts which had been given to him. His company organises
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Georgia Colony In 1932‚ James Oglethorpe led a group of trustees that chartered to Georgia and made a colony to perform a social experiment on man’s capacity to improve. Not long after the colony began‚ the colonists began to complain and disapprove of the government they were under. The trustees set strict rules and did not give the settlers the same benefits that other colonies got. By the 1950’s‚ all of the trustees gave up on their experiment and Georgia became a royal colony. The trustees
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COURSE: BACHELOR OF COMMERCE (BCOM) UNIT: INTRODUCTION TO MACRO-ECONOMICS QUESTION: MICRO-ECONOMICS AND MACRO-ECONOMICS INTRODUCTION Economics is the foundation of all commercial activity and comprises two areas: microeconomics and macroeconomics. Macroeconomics is concerned with the big picture‚ for example‚ the national economy and gross domestic product. By contrast‚ microeconomics is concerned with the small picture and focuses on theories of supply and demand. Microeconomics is
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ECON 310 06 June 2014 Project 1: Construction and Microeconomics With a college degree in the study of Construction Management‚ an understanding of how the construction industry impacts the economics of a country and or the world‚ is essential knowledge for practitioners within this industry. When a construction project is in operation the easiest for all to see at the work site is the amount of people participating in the development. Seldom does anyone take the time to understand the total
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International Journal of Economics and Financial Issues Vol. 3‚ No. 3‚ 2013‚ pp.743-751 ISSN: 2146-4138 www.econjournals.com Foreign Aid and Economic Growth in Egypt: A Cointegration Analysis Hoda Abd El Hamid Ali Department of Economics and Foreign Trade‚ Faculty of Commerce and Business Administration‚ Helwan University‚ Cairo‚ Egypt. Tel: 00201003452575. Email: hoda_hawary@yahoo.com ABSTRACT: There is a current and growing debate on the effectiveness of foreign aid‚ especially in
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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level 9708/42 ECONOMICS Paper 4 Data Response and Essays (Supplement) October/November 2011 2 hours 15 minutes Additional Materials: Answer Booklet/Paper * 2 1 8 2 6 0 2 5 0 5 * READ THESE INSTRUCTIONS FIRST If you have been given an Answer Booklet‚ follow the instructions on the front cover of the Booklet. Write your Centre number‚ candidate number and name on all the work you
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1. What is the ‘economic problem’? The fundamental economic problem is related to the issue of scarcity. Scarcity means that resources are limited and short in supply in the world (e.g. diamond). Because of limited resources and unlimited demands‚ society needs to decide how much to produce and distribute these relatively scarce resources. The basic economic problem can be define as what to produce‚ how much to produce and for whom to produce. Some countries are lucky to have great natural resources
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"A cadet will not lie‚ cheat or steal." Why were the colonies established? Colonies were established cause of various reasons.The most important reasons of colonization were religion‚ economics‚ and government. The 13 colonies were based on land grant lines given to various nobles and wealthy people or groups by the English royalty.The original thirteen colonies were Connecticut‚ Delaware‚ Georgia‚ Maryland‚ Massachusetts‚ New Hampshire‚ New Jersey‚ New York‚ North Carolina‚ South Carolina
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Plymouth and Massachusetts Bay Colonies The Reformation was the driving force behind English Catholic dissenters‚ many of which would eventually form the base of groups heading for new lands to find religious freedom. These people would come to be called Puritans and their goal was to purify the Church of England. They wanted to do away with the “offensive” features such as Church hierarchy and traditional rituals of Catholic worship in order to promote a relationship between the individual and
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Essay Question: Although the 13 American colonies were founded at different times by people with different motives and with different form of colonial charters and political organization‚ and the 13 colonies had become remarkably similar. Assess the validity of this statement. As time was coming to the start of the American Revolution‚ the thirteen American colonies that had at first started out with differences in all aspects appeared to be astonishingly similar in several cultural ways. Mainly
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