CONSUMER BENEFITS FROM E-COMMERCE This paper aims to discuss the positive impacts that E-commerce has on consumers and how it has made their lives easier. E-commerce is the process of buying and selling products and services using the Internet. The product or service is offered to the costumer in an online shop‚ sellers’ website. The process of purchasing things online is very easy‚ the consumers just have to select and order the products or services they want to buy‚ which are then paid by credit
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History Income tax levels in India were very high during 1950-1980‚ in 1970-71 there were 11 tax slabs with highest tax rate being 93.5% including surcharges. In 1973-74 highest rate was 97.5%. But to reduce tax evasion tax rates were reduced later on‚ by "1992-93" maximum tax rates were reduced to 40%. [2][3] [edit]Residential status‚ Scope of taxable income & Charge [edit]Charge to Income-tax Whose income exceeds the maximum amount‚ which is not chargeable to the income tax‚ is an assesse
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Income Inequality Gap Over the years America’s inequality income gap has been growing‚ between the rich and the poor. There are many reasons why this is happening. Andrew Carnegie‚ John Kenneth Galbraith and Joseph Stiglitz may agree with me‚ but believe there are different reasons why and how it should be dealt with. I would have to say that I agree that Galbraith’s idea is what is better for America now. In the essay “The Gospel of Wealth” Andrew Carnegie says that the rich should invest
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A world full of disagreements‚ debates‚ strategizing and bringing down an opponent. Political Parties involve presidential elections‚ debates‚ campaigns‚ money‚ planning and effort. All the news about Donald Trump holding a lead in Caucuses‚ Sander’s edge shrinks‚ close fights between Sanders and Clinton etc. Those are all the fights in between the political parties to decide who is going to represent each party to run for president. All of the campaigns‚ debates‚ and votes for president started
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NATIONAL INCOME Definition: According to Alfred Marshall‚ National Income is the labour and Capital of a country‚ acting on its natural resources‚ produced annually a certain net aggregate of commodities and in materials including services of all kinds. This is the net annual income or revenue of the country or the true national dividend. According to A.C.Pigou “ The national income dividend is that part of the objective income of the community‚ including‚ the income derived from aboard which
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...conservative commentator Philip Oppenheim...argued recently that in Britain‚ it’s supermarkets that profit most from fair trade sales. They charge a premium for fair trade bananas‚ for example‚ while a "minuscule sliver ends up with the people the movement is designed to help"... Here is more. In case you don’t know‚ fair trade sells a product at a premium price‚ under the promise that the workers are treated better and paid more. But will that improve living standards? Hmm...this sounds
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decided to depend on their background. Depending on parent income‚ some people can graduate from private university‚ others just graduate from public high school. In fact‚ these different of process would greatly influence in their future. As I watched video which story about social discrimination and each worker put in a difficult position in class‚ their background is extremely important things. According to my friend’s story‚ my friend who is from Saudi Arabia and college student in United States told
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National Income Determination Introduction • A key objective of Macroeconomics is to explain GDP growth and its fluctuations • Therefore‚ need to understand the forces that determine GDP (“National Income”) • John Maynard Keynes in his “General Theory of Employment‚ Interest and Money” (1936) developed a model of income determination • Known as Keynesian Theory of Income Determination • Aggregate spending / demand determines the level of aggregate output Concepts and Functions Actual
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How far did WW1 change the position of the Liberal Party in 1918? WW1 changed the position of the LIberal Party significantly because of many factors. One major change would have been Asquith stepping down as leader. This was because he was seen as not being able to lead the war‚ the public disliked the way in his methods with events such as the Shell crisis which led to thousands of unneeded deaths. This was were Lloyd George took over as he was seen fit to lead this war‚ or control the many
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Mrowicki 4-7-2014 Minimum Wage Income inequality in America has become a big issue‚ one that many of us hear every day; whether on the news or from our parents. But normally‚ we don’t hear the actual phrase used. We hear things like “the top two percent‚” or‚ the “rich vs. the poor.” So‚ what is income inequality? Income inequality is defined as the difference between individuals or populations in the distribution of their assets‚ wealth‚ or income. So‚ with that in mind‚ why would
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