The ancient Inca government and the government of the United States of America have some things in common; while at the same time both very different. The powers possessed by the Inca monarch are similar to those of the U.S. government. However‚ Inca punishments for criminals are very different from American punishments for criminals. The Inca government had a very strong structure‚ which enabled it to last for hundreds of years. One major distinction between the two governments though‚ is that the
Premium United States Crime United States Constitution
Economy Since the democratic reform in 1959‚ and especially since the adoption of the reform and opening-up policy in 1978‚ Tibet has witnessed remarkable economic development. The Tibetan economy is dominated by subsistence agriculture. The Tibetan yak still plays an important role in Tibetan life. Yaks still promote the best way to plow fields in Tibet. The Tibetan economy is dominated by subsistence agriculture. Due to limited arable land‚ the primary occupation of the Tibetan Plateau
Premium Economy Tibet Economic growth
persons Associate with society Politics is concerned with social dynamics. POLITICS AS THE ART OF GOVt What concerns the state Study of government and exercise of authority Authoritative allocation of social values Framework Definition does not provide David Easton Authoritative binding to all Allocation done by the government Social Values anything held important by society budget allocation‚ privatization‚ elections Henry Mayo 3 characteristics that separate the political
Free Politics Political philosophy Sociology
Mixed economy Features 1. Co-existence of public and private sectors: Both public and private enterprises exist in this economic system. The role and areas of both the sectors arc well defined. The relative roles assigned to the public and private sector differ from economy to economy. But generally the public sector is expected to perform certain basic functions such as: (i) Development of economic infrastructures. (ii) To promote basic industries that require huge investment and are of
Premium Planned economy Economic system Economics
INDIAN ECONOMY India is today one of the six fastest growing economies of the world. The country ranked fourth in terms of Purchasing Power Parity (PPP) in 2001. The business and regulatory environment is evolving and moving towards constant -improvement. A highly talented‚ skilled and English-speaking human resource base forms its backbone. The Indian economy has transformed into a vibrant‚ rapidly growing consumer market‚ comprising over 300 million strong middle class with increasing purchasing
Premium Inflation India Central bank
Tobacco Tax Advantage According to the study from The School of Public Health of The University of Hong Kong Li Ka Shing Faculty of Medicine‚ shows that with the 50% increase in tobacco tax in 2009‚ adolescent current smoking rate further dropped to 4.8% in early 2010 and 3.4% in late 2010‚ i.e. an overall 51% drop in adolescent smoking. Disadvantage People resort to buying illicit cigarettes‚ which is cheaper. This only promotes smuggling and illegal sale of cigarettes. Thus it is easier
Free Tobacco Nicotine Tobacco smoking
A token economy is a challenging behavior modification technique used as a last resource when other reinforces have not worked. Contrary to other behavior modification techniques that provide the subject with intangible goods‚ the token economy involves rewarding the individual with a tangible‚ universal “token”‚ which he or she can later exchange for any object or privilege of preference. The token earned is similar to money; the person has to collect enough to be able to afford the object or privilege
Premium Motivation Psychology Subject
power‚ we conclude that A. The Herfindahl index for this industry is -2 B. The Herfindahl index for this industry is 2 C. There is little monopoly power in this industry D. There is significant monopoly power in this industry 2. Which curve(s) does the marginal cost curve intersect at the (their) minimum point? A. Average total cost curve and average variable cost curve B. Average total cost curve C. Average fixed cost curve D. Average variable cost curve 3. For the cost function TC(Q)
Premium Economics Costs Marginal cost
1. Open Economy vs. Closed Economy • Open Economy A country has an open economy if it is joining international trade‚ which exporting and importing are collectively together. Selling or buying of goods or services to a foreign country is allowed in this kind of economy. The Market-economy is mostly free from trade barriers and where exports and imports form a large percentage of the GDP. Imports give citizens of a country access to products and services provided by other nations
Premium International trade Trade
A mixed economy means that there is a balance between private and public enterprises. In most countries‚ not just the Philippines‚ this sort of economy is preferred as it allows a mix of central control over essential services as well as allowing private companies to flourish; generating wealth and providing employment. Public services By providing high quality public services in areas such as electricity‚ gas‚ water and public transport such as roads‚ trains‚ buses and trams a degree of control
Premium Economics Public sector