NAME: ALICE SENAMNIMOH-APPEA CANDIDATE NUMBER: FINAL TOK ESSAY DRAFT QUESTION: “There are only two ways in which humankind can produce knowledge: through passive observation or through active experiment.” To what extent do you agree with this statement? Knowledge as a whole is the total information one has acquired. Passive observation is the process of observation that one is not experiencing the event. It is not as dynamic as active experimentation because one just perceives the event and not
Premium Psychology Scientific method Mind
one city to another‚ one can feel the difference in language‚ culture‚ life style and many more. In my case I moved thousand of miles from my country‚ Pakistan. The differences are unimaginable. I was born in a very big house with 5 bedrooms‚ 2 living rooms‚ 2 kitchens‚ big lawns in front and back‚ servant quarters and couple of servants serving my family. This wasn’t like this because we were filthy rich or millionaires. It simply portrays a middle class home in my country. My grandmother was used
Premium Middle class Family Home
Health care costs in the United States (US) currently exceed 17% of GDP and continue to rise. Other developed nations spend less of their GDP on health care but have the same increasing trend. Factors contributing to this rise are not hard to find‚ such as the development of new treatments and the age increase of the baby boomers. Unfortunately‚ instead of focusing on the costs of treating individual patients with specific medical conditions over their full cycle of care‚ providers aggregate and
Premium Cancer Oncology
In microeconomic theory‚ the opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative
Premium Economics Opportunity cost Microeconomics
" ’Good health implies the achievement of a dynamic balance between individuals or groups and their environment. ’" (Better Health Commission 1986‚ cited in Carey‚ D.‚ Perraton‚ G.; Weston‚ K. 2000: 3). According to the World Health Organisation (WHO)‚ ’health ’ can be defined as the absence of illnesses and a state of mental and social well-being (Carey et al. 2000:3). In other words‚ in order to maintain optimal health‚ it is imperative to have a well-balanced lifestyle which would include a nutritious
Premium Nutrition Health Personal life
Opportunity cost Have you ever been in the situation deciding which cloth to buy? Have you ever facing the dilemma of to study or to play? Have you ever consider as a seller and choose to lower the price or raise it? In the field of economics‚ here’s a solution for you. The magic word is “opportunity cost”. Opportunity cost in terms of economy is the highest-value alternative one has to give up to engage in an activity. In other words‚ using the same resources such as money and time‚ the best
Premium Economics Price Costs
Opportunity Cost Scarcity of resources is one of the more basic concepts of economics. Scarcity necessitates trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up (the next best alternative) as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost contrasts to accounting
Free Economics Costs Microeconomics
Commercialization of Health Care: Good or Bad? Commercialisation in health care basically means setting up private owned hospitals which in turn are the ones set on the business ethics of profit. But this does not mean that there is no proper treatment. Its true that the charges are more and in India where there are so many poor people cannot afford such high charges. The govt hospitals draw a lot of people as because the charges are reasonably low and has some fine experienced doctors and
Free Poverty Medicine Physician
It has a host of cultural practices and beliefs. France is a country in Western Europe. It is famous for its wine and cheese. People in France also enjoy croissants and different kinds of bread but baguette is the most popular. They also like truffles; a black‚ warty fungus that grow in the roots of oak and hazelnut trees. Truffles are really expensive and they use trained pigs to find them. The study compares these two countries France and Kenya within the setting of International Management
Premium Kenya Europe Nairobi
extravagant lifestyle‚ and wealth all come to mind when I ponder the good life but what does the good life actually cost? At first glance‚ this seems like a loaded question that requires multiple dissertations in order to answer. I even contemplated whether or not the good life had a cost at all. Breaking the good life into separate topics relieves much of the stress when it comes to giving an answer. In terms of consumerism‚ the good life is damaging to the environment‚ places too much emphasis on money
Premium Goods Good Market economy