DEFINITIONS OF ECONOMICS In simple‚ economics is the scientific study of the choices made by individuals and societies in regard to the alternative uses of scarce resources which are employed to satisfy wants. Different views about economy are presented below. 1) Economics is what Economists do. John Maynard Keynes described what he thought economists do in Essays in Biography in 1933. An economist‚ he wrote‚ must possess a rare combination of gifts. He must be mathematician‚ historian‚ statesman
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Oxford English Dictionary defines freedom as "The state of being able to act without hindrance or restraint‚ liberty of action". More often than not‚ people do not take the time to realize all of the freedoms in existence around the world today. Take a moment and realize the importance of freedom based upon the many struggles today and in the past for this ideal. Many major campaigns‚ wars‚ and conflicts have been driven by the conquest for freedom. The definition of freedom can be explained
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What is an Organization? by Sumitava Mukherjee “An Organization is a system of consciously coordinated activities or efforts of two or more persons”.- Chester Barnard‚ Management Consultant. This definition of Barnard implies formal planning‚ division of labor and leadership. Organizations can also be thought as “social entities that are goal directed‚ deliberately structured activity systems with a permeable boundary” according to Bedeian and Zamnuto. There are a couple of things to be noted. If
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was mainly known as a mechanical tool used to repair clocks and roller coasters‚ it now has a entirely different definition. Although words may have an established meaning‚ as time goes by‚ that meaning may change‚ perhaps into something that is completely irrelevant. The Rise of the Ratchet As originally defined by the Oxford English Dictionary as a ‘hunting dog’ or ‘the barrel of a gun’ the word ratchet was once commonly associated with the ‘mechanical device consisting of a toothed wheel or rack
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Defining a family is difficult because many different people have many different ideas on what a family is and is not‚ there is no right or wrong answer‚ its all about others perspectives. Since many people have many views on what a family is‚ there is no set definition. Vanier institute claims that a family is 2 or more people bound together over time and mutual consent‚ while in 1949 Murdock defined a family as a couple that is sexually active and have one or more children. Later in 1971‚ Burgess
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poverty is defined is essential as a starting point to this argument. The definition can fluctuate drastically depending on who you ask. The answers are almost as varied as the proposed solutions. As nice as it is to imagine ways to fix the problem we need to first define what the problem is. If we are looking at poverty as a problem that has existed before us and will almost definitely continue to exist after us we need a definition that can function as a universal. That is a much more difficult task
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NEED some quotation marks here…. Clinical Definition According to the Diagnostic and Statistical Manual of Mental Disorders (DSM IV)‚ A client must meet the following criteria to be classified as having PTSD: Criterion A: Has been exposed to an event involving threatened death or injury‚ during which the individual responded with panic‚ horror‚ and feelings of helplessness. Criterion B: Re-experiences the event in the form of dreams‚ flashbacks‚ memories‚ or unrest at being in situations that remind
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Definition of Nursing Leslie Burgess Submitted to Sarah P. Combs PhD‚ MPH‚ RN in partial fulfillment of NR444 Professional Role Development Regis University February 1‚ 2012 Nurses have been described as “lacking professional commitment and motivation‚ low in risk taking and change-making‚ having a ‘blue-collar mentality‚’ being cautious and conservative‚ and suffering from lack of cohesiveness and collegiality” (as cited in Chandler‚ 1986‚ p.1). With this definition of what a nurse has
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Definition of globalisation This is the integration of economies‚ industries‚ markets‚ cultures and policy-making around the world. [1] Globalisation describes a process by which national and regional economies‚ societies‚ and cultures have become integrated through the global network of trade‚ communication‚ immigration and transportation. In the more recent past‚ globalisation was often primarily focused on the economic side of the world‚ such as trade‚ foreign direct investment and international
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doing what you have to do even though you are afraid” said once my friend Angelina. Do you believe this is true? In my opinion‚ I believe it to be true. True courage is the willingness to keep fighting even when victory seems impossible. The etymological definition‚ situations that people I know and myself have experienced‚ and the movie The Red Badge of Courage all explore and show this willingness to battle against the odds. To begin with‚ what is the “true” definition of courage
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