Presentation On Impact of Recession in American Economy on India By: S.Karunya Abstract: The recession in the US market and the global meltdown termed as Global recession have engulfed complete world economy with a varying degree of recessional impact. World over the impact has diversified and its impact can be observed from the very fact of falling Stock market‚ recession in jobs availability and companies following downsizing
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I. INTRODUCTION Unemployment is the condition of willing workers lacking jobs or "gainful employment". In economics‚ unemployment statistics measure the condition and extent of joblessness within an economy. A key measure is the unemployment rate‚ which is the number of unemployed workers divided by the total civilian labor force. The unemployment rate is also used in economic studies and economic indexes such as the Conference Board’s Index of Leading Indicators. Unemployment in an economic sense
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Global recession and its impact on Pakistan economy Presented by HASSAM TARIQ Abstract There has been speculation that American would lead global recession and it could impact the global economy. IMF also predicted that in 2008 global growth would fall from 4.9 percent to 4.0 percent. US economy suffered thousands of layoffs and the biggest retail sales dip on record. Strong economies as that of UK‚ Germany‚ France and the new emerging one’s like China and India also fell pray to this recession
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If unemployment rises in a country‚ will its standard of living necessarily decline? Unemployment refers to the condition and extent of joblessness within an economy‚ and is measured in terms of the unemployment rate‚ which is the number of unemployed workers divided by the total civilian labor force. If unemployment rises in a country it will affect the country’s standard of living in a negative way‚ take Jamaican economy for example‚ approximately 65% of the labour is unemployed‚ so if 65%
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How does the right to due process of law protect an individual’s right to life‚ liberty and property? John Locke‚ and influential English man during the Revolutionary war introduced natural rights. Locke described them as rights that because all men are created equal all men should get. Among these rights were the right to life‚ liberty and property. Thomas Jefferson‚ who was the main author of the Declaration of Independence‚ then took Locke’s idea of natural rights and placed the idea into the
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The question of what caused the great recession of 2007-2008 is on that is not easily answered. As with the great Depression of the twentieth century we can look back retrospectively and at some potential causes but the exact factors remain debated. When speaking of the great depression Ben Bernanke famously said‚ “To understand the Great Depression is the Holy Grail of macroeconomics.”(Bernanke‚ 2000) The same can easily be said of the great recession. For this discussion I will isolate the
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Due Process of Law In our government today we have due process of law. Due process of law simply means that we have protection against a chance deprivation of life‚ liberty or property. Within the due process law‚ if you are to be accused of something it has to be under fair and reasonable circumstances. If we are ever to be arrested of something‚ under due process it commands that we are taken to court and showed a cause. It is very important that we have due process in the law for the people
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The concept of due process in the criminal justice system is provided by the Constitution that each person that is suspected of a crime whether that violates the rights of others even if the offender is from foreign lands to be to be prosecuted and sentenced in the United States. Each person that is accused of a crime is innocent until they are proven guilty‚ and are entitled to a fair and speedy trial. They are also entitled to a lawyer even if they cannot afford one‚ one will be appointed by the
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• The crime control and due process models developed by Herbert Packer (1968) are most constructive in understanding the controversy over the criminal courts. The most important value in the crime control model is the repression of criminal conduct focusing on efficiency as a principal measure. In contrast‚ the due process model emphasizes protecting the rights of the individual based on the assumption that an individual
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Due Process Supporters The concern about gun control causes an uproar to many supporters of the due process system. First‚ many supporters argue that gun control restricts rights given to the people of the United States‚ by the Second Amendment (the right to bear arms). They argue‚ that if strong gun control laws were to be placed there would be a likely possibility for those laws to be claimed unconstitutional and a reevaluation of the law would have to occur. Second‚ the tense topic “guns
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