command economy. In mixed economy both the private and public sector need to co-exist to overcome the weakness of one another. Most countries practice mixed economy for a number of reasons as mentioned below. Where there is free market enterprise economic forces are unfettered. Supply and demand determine the prices of goods and services. Prices in turn tell businesses what to produce‚ if the people want more of a particular good than the economy is producing the price of the good rises. That catches
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the history of CDHP and how‚ why and when it was introduced. Some advantages and disadvantages will also be discussed. Details of the different kinds of health plans will be highlighted. Above all‚ I will give reason why I would not recommend this type of health care plan and its affects on society. With CDHP‚ the enrollees are usually entitled to‚ less benefits‚ and costs-haring that higher that enrollees in the customary plans. Since its inception in the 1990s‚ consumer-driven health plans or
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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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Money Market on the Nigerian Economic Development Mr. Okpe Innocent Ikechukwu Department of Accountancy‚ Enugu State University of Science and Technology‚ Enugu‚ Enugu State of Nigeria Abstract The objective of this study is to examine the impact of money market on the Nigerian economic development; it has been prepared as a contribution to the quest for promotion of entrepreneurship as an engine growth. To access the multidimensional role and medium scale enterprises in bringing out rapid industrialisation
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TYPES OF SOCIETIES Sociologist Gerhard Lenski (1924–) defined societies in terms of their technological sophistication. As a society advances‚ so does its use of technology. Societies with rudimentary technology depend on the fluctuations of their environment‚ while industrialized societies have more control over the impact of their surroundings and thus develop different cultural features. This distinction is so important that sociologists generally classify societies along a spectrum of their
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Types of revolution; * Green Revolution – Wheat and rice‚ It is the term given to the introduction of high-yielding varieties of seeds and the increased use of fertilizers and irrigation which provided the increase in production needed to make India self-sufficient in food grains‚ thus improving agriculture in India. It was brought to India by the initiative of Indian government. Genetically modified high-yielding wheat was first introduced to India in 1960 by Dr. Norman Borlaug It is also rightly
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1. Below is a list of topics in usually studied in economics. Determine whether each topic deals under the area of microeconomics or macroeconomics. a. How Bangko Sentral ng Pilipinas influences the consumer spending in the Philippines. b. How a household decides what LPG brand to buy. c. How a firm decides whether to continue business or shutdown. d. How debt affects the income gap among Filipinos. e. How new parents decide whether to work or stay at home with their children. f. How the
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• Type 1 Type 1 often affects people under 30 years of age but can develop at any time. In Type 1 diabetes‚ your pancreas stops making insulin or only makes a very small amount. Without insulin‚ glucose cannot enter into your cells which need to burn glucose for energy. Some people are born with the genes‚ but only some will develop it. While there is no such thing as a good or bad diabetic‚ some individuals have very wide‚ unsteady swings in blood sugars. This happens when their bodies have extreme
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Tad Sherman Type 1 and Type 2 Diabetes Essentially the same disease‚ Type 1 and Type 2 diabetes share many different attributes as to when and how a person is diagnosed and methods of treating the disease. Type 1 and type 2 diabetes have some similarities in the way they are treated and diagnosed as well as some differences in treatment and diagnosis. Type 1 diabetes is the less common of the two and is generally diagnosed in younger and type 2 diabetes is diagnosed at any age and has different
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Technical Monograph n°2‚ 6th Edition Revised May 2008 Catalogue of pesticide formulation types and international coding system Code Term Definition AE Aerosol dispenser A container-held formulation which is dispersed generally by a propellant as fine droplets or particles upon the actuation of a valve. AL Any other liquid A liquid not yet designated by a specific code‚ to be applied undiluted. AP Any other powder A powder not yet designated by a specific
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