Japan is under struggle since its early days of its rise as industrial power. The one of the most important reasons of its sufferings are the scarcity of natural resources which influence the economy badly as well as national security. In agriculture sector also Japan have not a satisfactory because yearly per production of the crops were increasing which is not good for the land and land mass are in unrest and second important thing is international environment which is not stable. There are some
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1. Measuring the Cost of Living 1) Questions for Review # 2 Questions: Describe the three problems that make the consumer price index an imperfect measure of the cost of living. Answer: The 1st problem is called substitution bias. Consumers substitute toward goods that have become relatively less expensive. However CPI is based on a fixed basket of goods and it ignores the possibility of consumer substitution. The 2nd problem is the introduction of new goods. This means that consumers have more
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POLITICS DOES NOT ONLY HAPPEN IN THE GOVERNMENT POLTICS AS PUBLIC AFFAIRS State DIFFERENCE OF GOVERNMENT AND PUBLIC AFFAIRS PUBLIC PRIVATE State Civil Society Institutions of the State ( apparatus of government‚ infrastructure‚ economy‚ taxes Autonomous bodies (family‚ kinship groups‚
Free Politics Political philosophy Sociology
Soviet economy First‚ let’s see what conditions the Soviet economy had at its launch. It is known that Tsarist Russia was at one of the last places among the capitalist countries to produce industrial products per capita. In the middle of the 20th century‚ far ahead of Russia in terms of industrial production were the United States‚ Britain‚ Germany‚ and France. In tsarist Russia‚ cars‚ tractors‚ combines‚ powerful steam and gas turbines‚ diesel locomotives‚ electric locomotives‚ equipment for various
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I. IntroductionThe financial crisis in the Asian economies in 1997 has created tremendous interests in the economic point of view. This report focuses on the economic situation of Hong Kong in 1997-98‚ which has some very special features among the economies in the region. In the Asian Financial Crisis‚ the economy in Hong Kong did not sufferer from any banking or currency crisis like some of the Asian countries such as Indonesia‚ Malaysia‚ South Korea and Thailand‚ which their troubles began with
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buy goods‚ and this encouraged more investment and enterprise. Nor were there any great problems about feeding and educating these growing numbers because prosperity meant that the necessary resources were available. Later on‚ there were unexpected effects on the age structure of the population in the developed nations which was especially true in Europe where‚ because of the very low birth-rates and longer life expectancy‚ a growing proportion of the population was over 65. The rapid
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measures related with export credit are given below: 1992-93 i) In order to make dollar-dominated export credit scheme more attractive‚ the rate of interest on refinance under this scheme was reduced from 7.5 per cent to 5.5 per cent per annum with effect from April 22‚ 1992. ii) In order to facilitate an environment for promotion of exports‚ effective October 9‚1992‚ interest rates on export credit (rupee) provided by banks were reduced by one percentage point across the board. Thus‚ the basic lending
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Egypt’s economic policy during 2004-2008 is best described as a command economy due to the government’s involvement in the process of reforming economic policies that were hindering the country ability to grow economically. The government’s involvement did help boost the growth rate by liberalizing trade. Egypt reduced the tariffs‚ tax cuts‚ deregulation‚ and made changes in investment regulations to fuel their economic growth. Eventually‚ with these changes Egypt saw great economic growth. Big name
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Economies are different throughout the world. Many countries have decided on similar economies to other countries. Two of these economic systems are market and command economies. These two economies are the two most common economies throughout the world‚ and are often compared and contrasted amongst countries. The first economy is known as a market economy. This economy is generally ruled by the people. The decisions of everyday civilians affect the economy daily‚ and can quickly change due to this
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400 000 babies were born yearly. Canada’s economy was greatly affected by the baby boomers as they expected much more luxury in the average life and they wanted to improve the overall lifestyle of a Canadian.The government in Canada was also affected negatively as the population had a rapid increase causing the political views in Canada to change drastically. As the economy returned to being stable after the Great Depression‚ the baby boom caused the economy another crash and the Canadian government
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