societies - a society can be positioned on this scale according to its stage of development. Underdevelopment is located internally within an undeveloped country. Modernisation theory offers an account of the common features of the process of development drawing on the analysis of Durkheim and Weber. Development implies the bridging of these gaps by
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countless sources based on experiences though time in many different countries. Two great theorists Karl Marx and Max Weber both have a scope on capitalism and what perpetuates it through which their own experiences and ideas appear. The ideology of capitalism between these two caries within it certain similarities‚ but while Marx strongly opposed capitalism and expected a revolution‚ Weber establishes a different look into structure and saw a better system where to perpetuate bureaucracy and capitalism
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WRITE SHORT NOTES ON THE THREE TYPES OF LEGITIMATE AUTHORITIES IDENTIFIED BY MAX WEBER. Max Weber‚ a sociological and philosophical worker defined authority as the chance of commands being obeyed by a specifiable group of people‚ and legitimate authority as that which is recognized as justified by both the ruler and the ruled. He further identified three typesof legitimate authority; Rational-legitimate authority‚ Traditional authority‚ and finally the charismatic authority. RATIONAL-LEGITIMATE
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Evolution of information technologies‚ a new capitalist accumulation model following the oil shock of 1973-4‚ and the growing availability of telecommunications (allowing the global integration of financial markets) are three of the main factors causing globalization‚ according to Manuel Castells. Harvey concurs with these claims‚ focusing however on the influence of postwar Fordism and the formation of the new world market through deregulation and financial innovation. The importance of these last
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Main features and the cause of recent financial crisis I Introduction On 5 March 2007‚ HSBC announced its 2006 annual result. Highlighted in the presentation material (HSBC (2007))‚ ‘Mortgage arrears in the US resulted in an increase in loan impairment charge from US$448 million to US$2‚171 million for Mortgage Services’. On 2 April 2007‚ as reported in BBC News1‚ ‘New Century Financial‚ one of the largest sub-prime lenders in the US‚ has filed for Chapter 11 bankruptcy.’ 1 On 6 August 2007
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Charisma is a quality of an individual personality that is considered extraordinary‚ and followers may consider this quality to be endowed with supernatural‚ superhuman‚ or exceptional powers or qualities. Whether such powers actually exist or not is irrelevant the fact that followers believe that such powers exist is what is important. Charismatic leadership has emerged in all places and in all historical ages. For example‚ we have the Kwaio Big Man’ of Melanesia (Sahlins‚ 1963) compared to the
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The new deal had many different features‚ but an underlying foundation beneath the entire idea‚ was the idea that the federal government had and should thus use its power to actively intervene in the economy and do what it could to improve the standard of living in America. It was a break with the past and an end to the previous Republican belief‚ that if income of tax revenues fell‚ then expenditure must also be cut to immediately balance the budget. Roosevelt’s idea was one very dissimilar‚ he
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Max weber is the father of father of the bureaucratic management theory. ’This theory has two essential element .The prime one is configuring a institution in hierarchy and second one is the organization and the its people are administered by specific legal decision making rules. He believed that once bureaucracy has established in organization it is extremely defiant to any attempt to remove its power. Weber identified three basic types of legitimate authority‚ Traditional authority- where people
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Describe the main features of the fulling industry in Pompeii. The fulling industry was extremely important in Pompeii. We know this as there have been at least four fulleries found in Pompeii‚ the most famous of these fulleries is the Fullery of Stephanus. The Fullery of Stephanus is situated on the Via Dell Abbondanza. This Fullery was a dwelling with accommodation for the slaves working at the Fullery. Throughout the transformation of the dwelling into a Fullery the existence of the house was
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THE CRITICAL EXAMINATION OF THE MAIN FEATURES OF THE RENAISANCE HUMANISM OUTLINE -BRIEF INTRODUCTION -RENAISANCE -HUMANISM -THE SIGNIF ICANT EVENTS IN THE RENAISANSE PERIOD -THE CHAMPIONS OF RENAISANCE HUMANISM -RENAISANCE HUMANISM AND THE REFORMATION -EVALUATION AND CONCLUSION BRIEF INTRODUCTION In the history of the world‚ many remarkable periods have been referred to most often due to perhaps great events that have led to a turn-around in
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