During the 1600’s many ideas and values affected the political‚ economic‚ and social development of the New England colonies (specifically from 1630 through the 1660’s) . The puritains had a close kinship‚ for example “working as one man”‚ and entertaining eachother in brotherly affection. The Puritans were a significant grouping of English Protestants in the 16th and 17th centuries. Puritanism in this sense was founded by some Marian exiles from the clergy shortly after the accession of Elizabeth
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Instructors | Journals | Contact Us | | JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOLUME 5 NO 2‚ DECEMBER‚ 2007FISCAL POLICY AND NIGERIAN ECONOMIC GROWTHOmitogun Olawunmi and Ayinla‚ Tajudeen A. Department of Economics Olabisi Onabanjo University‚ Ago-Iwoye Abstract This paper has examined empirically the contribution of fiscal policy in the achievement of sustainable economic growth in Nigeria. Using the Solow growth model estimated with the use of Ordinary Least Square method‚ it was found
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Economic growth and public policy To increase productivity and living standards‚ governments can can: 1. Encourage saving and Investment: Goal: invest more current resources in the production of capital to increase physical capital (K). Trade-off: The opportunity cost of investment is that someone must forgo current : consumption in order to save and invest sumption Note that: because of diminishing returns‚ an increase in the saving rate leads to higher growth of productivity and income only
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How did art change during Renaissance? During the renaissance people expressed many new ideas in art. Many artists and architects used mathematics to plan their works. They began to know that many objects in nature have a certain proportion‚ which is often found in the shape of a leaf or in the form of buildings. They found a way to make paintings look 3D. And they improved at making the sculptures more realistic. Also they began to use muted colours in paintings. One of the main points is that
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The development of urban transportation has not changed with the cities; cities have changed with transportation. In the early years of transportation it was the mass transit of horse and buggies or electric rail cars that shaped cities. Then as the automobile became affordable to the public‚ personal transportation redefined the city as it was known. It is the automobile and the movement to the suburbs that has public transportation struggling to make money today.<br><br>The very first transportation
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The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
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Prohibition During the 1920’s there was a ban on alcohol. Prohibition was the legal prevention to manufacture‚ sell‚ and transport alcoholic beverages under the eighteenth amendment. But along with banning alcohol‚ came a spike in the number of bootleggers. Bootleggers made and sold alcohol illegally from places known as speakeasies. Speakeasies were illegal liquor stores or night clubs‚ often time hidden in the bottum of drug stores or businesses. First off‚ why was there a ban on alcohol? In 1917
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com/index.php?ref=MjBfMTJfMzBfMTJfMV8yN18xNTQ4NDg= Media and economic development Published : Sunday‚ 30 December 2012 M S Siddiqui Bangladesh is a country aspiring to be a member of the middle-income group of states. It has been recognised by some quarters as an ’emerging tiger’ with too many challenges at hand. Bangladesh is the seventh largest country in the world in terms of population. Despite its good performance as recorded by many growth indexes‚ it has been lagging behind in building necessary
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Budget Deficits and Economic Growth Joey Willoughby ECO 203 Principles of Macroeconomics Instructor: Nathan Rondeau 6/27/2011 Budget Deficits and Economic Growth Economists generally agree that high budget deficits today will result in the reduction of the growth rate of the economy in the future. The United States budgetary situation has disintegrated significantly since 2001‚ when the CBO ( Congressional Budget Office
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The transportation is a basis of utilities that governments should provide to their citizens. If they have to choose to spend money on improving between roads and highways and public transportation. The public transportation is a service for the most people in the country. Therefore‚ if governments have to spend money‚ they should expend for the best advantage. It means that medium and low state people go by buses‚ trains or subways more than high state people go by cars. If governments improve
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