using electronic payment systems for many years now. However‚ the retail sector still has predominance of cash transactions‚ and payment through cards is yet to pick up. Cards (both credit and debit) are one of the most secure and convenient modes of cashless payment in retail market. The card payments data shows that even though we have 19 million credit cards‚ 190 million debit cards and half a million point-of-sale terminals‚ on an average there is just one transaction annually for every debit card
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Impact of Cashless Economy in Nigeria By Omotunde M. Sunday T. John-Dewole A.T. Greener Journal of Internet‚ Information and Communication Systems Vol. 1 (2)‚ pp. 040-043‚ April 2013. Research Article Impact of Cashless Economy in Nigeria *Omotunde Muyiwa1‚ Sunday Tunmibi‚1 and John-Dewole A.T.2 1 School of Computer Science‚ Mathematics and Information Technology‚ Houdegbe North American University‚ Republic of Benin. 2 Department of Computer Science with Electronics
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Importance of Agriculture in Indian Economy The direct contribution of the agriculture sector to national economy is reflected by its share in total GDP‚ its foreign exchange earnings‚ and its role in supplying savings and labor to other sectors. Agriculture and allied sectors like forestry and fishing accounted for 18.5 percent of total Indian Gross Domestic Product (GDP) in 2005-06 (at 1999-2000 constant prices) and employed about 58 percent of the country’s workforce (CSO‚ 2007). It
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The Economy Josiah Jeremiah Davis American History Since 1865 Professor Morgan Deane 11/21/13 The Economy The economy has been something really important to society because of how much it’s affected our daily lives. Not to mention The Great Depression‚ which was something huge that happened in history. Most presidents had tried to fix the economy in whatever way but they couldn’t fix everything. A lot of Americans faced hardships due to a bad economy at different points
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important for the economy to gain income sources‚ create employment and economy development. First‚ tourism could gain income sources. Indonesia‚ as a developing country‚ makes tourism as the main income for the economy. Indonesia is rich of their traditions‚ culture and the nature beauty. These are all the major things that attract tourist to come and visit Indonesia. The more tourists come to Indonesia‚ the more income that government will get. To conclude‚ this will increase the economy. Second‚ create
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in the economy .This contraction ‚ by wiping out cash balances in the economy‚ eliminated a number of transactions for a while‚ since there was no or not enough of a medium of exchange available. Since income and consumption are intrinsically related to transactions in the economy‚ the above meant a severe contraction in income and consumption in the economy. This effect was more severe on Individuals who earn incomes in cash and spend it in cash. In terms of the sectors in the economy‚ the sectors
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Importance of Tourist Spots in the Economy of the Philippines A research paper submit to Miss Eloisa Belmonte CAS Department World Citi Colleges In Partial Fulfillment of the Course Requirement In English 2 By: Frances Madelaine C. Ramos October 5‚ 2012 Chapter 1 Introduction How important is our tourist spots for our economy? Can you imagine a country without a tourist spots? Are you able to visit one country without any place to stay and to explore? These are some of many questions
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Polley Ancient History – Cities Of Vesuvius James Polley Ancient History – Cities of Vesuvius Question 1 Economy Ancient economies are seen in two different perspectives; a modern economy‚ with money making strategies and exploits‚ and the local economy idea where local needs where satisfied with limited resource exploitation and technological development. Whatever type of economy the cities of Vesuvius were though‚ it is clear that large amounts of wealth was being obtained through various
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IMPORTANCE OF AGRICULTURE TO ECONOMY OF MIANWALI Mianwali is the district situated in the north of Punjab. It is located at the border of province KPK AND PUNJAB. This district was formed in the year 1906 .it has three tehsil’s Mianwali Easa khel Piplan The majority of peoples of mianwali belong to the field of agriculture .Mianwali consists of wonder full irrigation system. It consists of canals‚ river‚ and tube well‚ INDUS RIVER is one important source which provides water to many areas in
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What is Political economy? * No widespread agreement of what; but understood in three ways- those who see PE as an interaction of existing disciplines‚ those who see it as a set of questions‚ and those who see it as a method of analysis: Interaction of existing disciplines: * Starting point is that as capitalism develops politics and econ becoming increasingly interdependent. * Not only interdependence of domestic pol and national econ but also international pol and global econ
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