How do banks make money? Banks are just like other businesses. Their product just happens to be money. Other businesses sell widgets or services; banks sell money -- in the form of loans‚ certificates of deposit (CDs) and other financial products. They make money on the interest they charge on loans because that interest is higher than the interest they pay on depositors’ accounts. The interest rate a bank charges its borrowers depends on both the number of people who want to borrow and the
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‘Imagination is more important than knowledge’ The sum or range of what has been perceived‚ discovered or learned is what every dictionary or scientist would answer when one would ask them to define knowledge. Imagination‚ is what these scientists and dictionaries would answer when they were given the question to state one word on the following: ‘The faculty of imagining‚ or of forming mental images or concepts of what is not actually present to the senses.’ In 1929‚ Albert Einstein was brave enough
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Pablo Picasso once said that‚ "Action is the foundational key to all success". In some ways I must agree with Picasso. To succeed in something of importance and value you must take action and not idle away as action speaks louder than words. Though knowledge is important because in some aspects as you cannot be illiterate about your cause if you wish to succeed. Knowledge is a key aspect of human beings. In order to advance in our society you must gain knowledge. Therefore to take action you must
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References: Other web-based resources (Websites correct as of 9 February 2009) The General Medical Council provides guidance on good practice in research for doctors that may also be valuable to others: www.gmcuk.org/guidance/a_z_guidance/index.asp
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Myths are more comforting than reality Since the first known civilizations and cultures‚ up to the industrial revolution and sudden expansion of education‚ myths and legends have occupied an important place in human understanding of reality. With their help‚ people have explained not only everyday events that were difficult to conceive‚ but also the unusual and rare ones. They were the source of comfort at difficult times‚ restoring people’s faith in justice‚ stability and worth of ideals. Myths
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"A man more sinned against than sinning" How far do you agree with this statement? King Lear is one of Shakespeare’s more complex plays and within it many different themes are addressed and explored. King Lear is the somewhat unfortunate vehicle that Shakespeare uses to explore many of these themes creating a complex character including the roles of a father‚ king‚ friend and adversary. As Lear is not a simple character he cannot simply be classed as all good or bad; it can be argued he is a bad
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Hemp vs. Marijuana No plant is more misunderstood than hemp — or more confused with marijuana. In fact‚ for some‚ hemp is just another word for marijuana. But in reality‚ nothing is further from the truth. The distinction between marijuana and hemp is often muddled because while they’re both bred for different and specific uses‚ they’re still distant cousins that yield from the plant. So then‚ what exactly are the differences between these two strains? Each bred for specific purposes It’s true
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Cohabitation by definition is two unmarried people of the opposite-sex living together. It has been called by various terms‚ such as "living together"‚ "shacking up"‚ "cohabitation"‚ "serial monogamy" or "living in sin." It is a halfway house for people who do not want the degree of personal and social commitment that marriage represents‚ at least for now (Waite & Gallagher 2000:42). Besides‚ people believe that living together in a trial marriage tells potential partners something about what marriages would
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“Imperialism resulted in more problems than benefits” In cases throughout the beginning of the 20th century‚ Imperialism has proven to result in dominantly more problems than benefits. Imperialism essentially describes the acquisition‚ administration and exploitation of an area of land and its youthful resources for the benefit of the power/s that control it. Usually the dominance of powerful empires using other countries for their productions ended in disaster and death. They tried to benefit
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research questions‚ limitation and scope of the study. 1.1 Background of the Study Active community participation is key to building on empowered community. Studies show that communities with high rate of participation apply for and receive more funding than communities with low participation. Many authors and development agencies argue that genuine people’s participation can increase the efficiencies‚ effectiveness‚ self reliance‚ and sustainability of development projects and programmes (Kumar
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