1. What is black money? Black money is essentially the currency used in ‘black economy’. Black‚ shadow‚ underground‚ unobserved‚ unofficial‚ subterranean‚ unrecorded‚ informal‚ irregular‚ second‚ twilight‚ parallel – are all the synonyms used for the ‘shadow economy’. The shadow economy basically consists of legal and illegal activities outside the reach of the government. Smith (1985‚ p.18) provides a very broad definition of the shadow economy as ‘market based production of goods and services
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The Civil War is a war in which railroads were a major factor. During the 1850’s the world had seen growth in the railroad industry so that by 1861‚ 22‚000 miles of track had been laid in the Northern states and around 9‚550 miles in the South. The great rail centers the South were Chattanooga and most important Richmond.Wars have been fought to control supply centers‚ but the Confederate govt. was very slow to recognize the importance of the railroads in the conflict. By sometime in September 1863
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NATURE AND CAUSES OF GLOBAL MONEY LAUNDERING PRESENTED BY: Kiran Aftab (Roll # 01) Afifa Naseer (Roll # 68) MBA-2004 4th Semester INSTITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF THE PUNJAB LAHORE TABLE OF CONTENTS Introduction 6 History
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Railroads impact on Washington The railroad had a positive impact on the geography‚ economy‚ and psychological thought of Washington. The railroad was built by separate companies that built in their area using a checkerboard pattern of land grants from the government. It was built to connect the east and west and have a quicker way of transportation across the nation. It was built in the later 1800’s and took several years to complete. Washington businesses grew‚ improving the economy. More people
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It is rare for an artist to become a celebrity‚ but Andy Warhol experienced much more than his "fifteen minutes of fame"‚ and became an icon of his generation. Andrew Warhola was born August Sixth‚ 1928‚ in Pittsburgh Pennsylvania. He was the youngest son of Julie and Andrej Warhola‚ both immigrants from Czechoslovakia. In Fifth grade Andrew started attending the free Saturday classes that the Carnegie Institute taught. It is noted that even then young Andrew excelled at his art. Due to the bullying
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particularly Metro. The Metro is an underground railway system of the city. According to Business Traveler (2012) the oldest subway was built in London in 1836 and to date the London Metro is the first in the ten top metros of the world. Ahead 2012‚ in top ten metros of the world there were included subways of Paris‚ Madrid‚ Stockholm‚ Berlin‚ and Tokyo after the London Metro respectively. The focus of this essay is an evaluating of the effectiveness of underground railway systems in reducing traffic
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economy that is not taxed‚ monitored by any form of government‚ or included in any gross national product (GNP)‚ unlike the formal economy. Other terms used to refer to the informal sector can include the black market‚ the shadow economy‚ and the underground economy and how he refers it mostly is System D. The original use of the term ‘informal sector’ is attributed to the economic development model put forward by W. Arthur Lewis‚ used to describe employment or livelihood generation primarily within
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There are many benefits of having a railroad run through your city in 1800s. But there are also many drawbacks too. In this document I will explain to you the drawbacks and benefits of having a railroad. There will be many different things you will be learning about to having a railroad in the city. Some benefits of having a railroad run through your city is that you can be able to import goods or you can also export goods.This means that they will be able to trade food / goods with other states
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Corporate Culture : The Key to Understanding Work Organisations Organisational or corporate culture is widely held to refer to a system of shared meanings held by members that distinguishes the organisation from other organisations‚ that is a set of shared key characteristics or values. The culture that an organisation has will play an important part in its success in its market sector. Likewise an organisation’s continued success will depend to a large extent on the ability of the leadership
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paragraphs‚ I will describe my observations‚ and decide on a theoretical analysis‚ as well as to why I feel the theoretical analysis fits my place of observation. Underground Atlanta My first place of observation was at The Underground. Before I go in depth with my observations‚ I would like to inform you on the history of Underground Atlanta. In 1836‚ a rail line was created to connect the farming and cotton states to markets from Atlanta to Chattanooga (http://www.underground-atlanta.com/about-us/history-of-underground
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