Opening: A healthy immune system will give your child the ability to naturally protect against illness. Base on a healthy diet and lifestyle‚ your child’s resistance is maximized. They fight common health problems and keeping the child’s strong health. Body: 1. Breastfeeding According to a 2002 Australian study‚ breastfeeding has a positive effect on baby’s immune system development base on ingredients in breast milk that promote the growth of breast milk. Mucosal digestion and altered intestinal
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The four functions of an economic system are what to produce‚ how much to produce‚ how to produce and whom to distribute to. The market economy is one that is controlled by the people and there is little government intervention. It is also known as a free enterprise economy. The planned economy is one that is controlled by the government and there is a lot of government intervention into the way in which the economy runs. They both try and solve the economic problem of trying to satisfy mans unlimited
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The role of financial intermediation in the economic growth process was recognised as far back as the 17th century when Walter Bagehot‚ in his classic Lombard Street‚ argued that it was England’s efficient capital markets that made the industrial revolution possible. Centuries later‚ modern day economists hold largely the same view that access to investment capital‚ through well functioning financial markets‚ is crucial for growth and development‚ particularly in capital-scarce developing countries
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An economic system is a pattern of organisation which is aimed at solving the three central questions. These questions are: What should be produced? How should it be produced? For whom should it be produced? There are four systems that can be implemented in a country to solve the central questions‚ traditional system‚ command system‚ market system and mixed system. The most popular systems are the market and mixed system‚ however‚ there are still some countries‚ although very few‚ that follow a communist
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Philippines Economic Efficiency: According to a survey by the Switzerland-based Institure for Management Development (IMD)‚ Philippines strength is on the quality of human resources Based on a statistical data‚ Philippines vanted: 1st in terms of unit labor costs in manufacturing 1st in terms of availability of skilled labor 3rd for competent managers 4th in terms of skills in finance This is manifested in the fact that OFW revenues hold a major impact on Philippines’ economy Eqaulity of
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Use a Diary System Understand a Diary System 1. Explain the purpose of using a diary system. There are many purposes to using a diary system‚ one main purpose is to efficiently and effectively manage and utilise every minute of the working day by being able to see what meetings are coming up‚ what preparation time is available and to look back and see how much time was spent during the day on what topics/meetings. 2. Describe different types of diary systems. There are several different
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clothing and shelter for its people. All societies have something else in common. They have an economic system or an organized way of providing for the wants and needs of their people. The way in which these decisions are made will determine the type of economic system. There are three major kinds of economic systems: traditional‚ command and market. In a society with a traditional economy nearly all economic activity is the result of ritual and custom. Habit and custom also prescribe most social behaviour
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FEUDAL ECONOMIC SYSTEM The economic portion of feudalism was centered on the lord’s estates or manor‚ and is called manorialism. A lord’s manor would include peasant villages‚ a church‚ farm land‚ a mill‚ and the lord’s castle or manor house. All economic activity occurred on the manor. This meant that little to no trade occurred during this time period. Most of the peasants during the middle Ages were serfs. Serfs were generally farmers who were tied to the land. They were not slaves because
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minimum efficient scale (MES)The minimum efficient scale (MES) is the output for a business in the long run where the internal economies of scale have been fully exploited. It corresponds to the lowest point on the long run average total cost curve and is also known as the output of long run productive efficiency. The MES is rarely a single output - more likely it is a range of output levels where average cost is minimized where the firm achieves constant returns to scale. The MES will vary from
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There are different types of economic systems‚ ranging from the centralized command system (U.S.S.R.)‚ to the free market economy (U.S.A.). Economies nowadays are mixed in nature than in the past‚ with a trend leaning more towards a free market system since the demise of the former Soviet Union and the European eastern block. Hence China has since revised its policies and is opening up the market to avoid the same fate. The USA free market has also been recently learning that a totally free
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