Types of Infrastructure Infrastructure is divided into two major classifications‚ "hard" and "soft". "Hard" is obviously the roads‚ bridges‚ etc. It also relates to the big physical networks essential for the functioning of a modern industrial nation Hard infrastructures refers to physical facilities or installations needed to operate‚ manage and monitor a system with the intention that the structures to be permanent whereas "soft" infrastructure is human capital and institutions that develop it
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Types of Societies A society is made up of people living within defined territorial boarders who share a common culture. A society is independent of outsiders; it contains many smaller social structures that are needed to meet the needs of its members. Some of the social structures include family‚ economy and religion. Societies meet their members’ basic needs‚ such as the needs for food and shelter‚ in different ways. Anthropologists used these differences to form the basis of a system
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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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Types of Economies What is an economy? An economy consists of the economic systems of a country or other area; the labor‚ capital‚ and land resources; and the manufacturing‚ production‚ trade‚ distribution‚ and consumption of goods and services of that area. A market based economy may be described as a spatially limited social network where goods and services are freely produced and exchanged according to demand and supply between participants (economic agents) by barter or a medium of exchange
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individuals‚ social and economic well-being to enhance the quality of life for all. According to Farrant (2005) Education is a systematic‚ scientific way of passing on skills‚ impart knowledge and train faculties from one generation to the next‚ with intent to influence social and psychological behavior of individuals or groups of people to discover better ways of doing things and adding value to and improve way of life. This context will take an analytical approach to discuss the types of education that
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other hand man never gives up the ambition of influencing and even controlling his fellow countrymen. Therefore‚ the democracy is invented to alleviate the conflict between the instinct of chasing power and the will of equality‚ namely‚ democracy is a system to prevent the emergence of dictatorship and ensure the sharing power of all citizens. However‚ the principle of democracy abided by in the domestic political life never gets the upper hand in the struggle with hegemony in international relations
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Economics 1Assessment Instructions Assessment 2: Individual Assignment‚ 30% of Module Weighting 1.0) RELEVANT MODULE LEARNING OUTCOMES: A. Analyse a range of current economic issues and problems. B. Develop and communicate economic arguments in a variety of forms. C. Be able to make effective presentations of economic arguments. D-J The nature of this assignment is such that students will analyse a particular newspaper article and‚ depending on the subject matter‚ will respond to one
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Economics Activity Points % of Total Discuss 105 6% Exam 60 3% Final Exam 100 5% Journal 140 8% Practice 360 19% Quiz 540 29% Test (CST) 350 19% Test (TST) 200 11% Total Points for the Course : 1855 Unit 1: The Game of Economics Lesson 1.1: What Is Economics Anyway? Activity 1.1.1: Study - What Kind of Game? (Documents: Study Sheet) See how economics can be understood as a game with rules that is played by people with different roles. Duration: 40 min Activity
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will compare and contrast different economic systems and explain how they answer the three basic economic questions of what to produce‚ how to produce‚ and for whom to produce. a. Compare command‚ market‚ and mixed economic systems with regard to private ownership‚ profit motive‚ consumer sovereignty‚ competition‚ and government regulation. b. Evaluate how well each type of system answers the three economic questions and meets the broad social and economic goals of freedom‚ security‚ equity‚
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Macroeconomics Basic economics concepts Basic economics problems Production possibilities curve INTRODUCTION Economics is one of the oldest disciplines among the humanities and is categorized as a social science. Economics examines and analyses the economic activity of people in order to satisfy their needs and desires. Human wants are the starting point of economic activity and provide the basis for economics. Generally‚ economics deals with the economic problems of individuals
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