Planned Economy: "The social good" In a planned economy‚ the factors of production are owned and managed by the government. Thus the Government decides what to produce‚ how much to produce and for whom to produce. Features: • All resources are owned and managed by the government • No consumer OR producer choice • The market forces can’t set the price for goods or services • Profit is not the main objective‚ the government aims to provide services and goods to everybody • Government decides
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Retail:-The selling of goods and services directly to consumers in small quantities. Retailing:-The activities involved in selling goods directly to consumers. ORGANISED RETAILERS:- Like department stores‚speciality stores ‚shopping complexes ‚ malls ‚ large scale multiple chains etc. Organized retailing‚ in India‚ refers to trading activities undertaken by licensed retailers‚ that is‚ those who are registered for sales tax‚ income tax‚ etc. These include the publicly traded supermarkets‚ corporate-backed hypermarkets and
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Daniella Han 5S2 Write a story ending with: “...her decision was final and no one could talk her out of it.” There she was‚ sitting on the rocks by the shoreline‚ watching the sun sets while grieving of losing someone she loves‚ heartbroken and hopelessly lost. Tears of blood fall from her broken heart‚ she never thought they would be apart. She remembered he held her tightly in his arms‚ telling her that they would be forever together. Now that he’s gone‚ she knew he meant never together
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What is largely fueling the underground economy‚ experts say‚ is the nation’s swelling ranks of low-wage illegal immigrants. The government puts this population at 8.5 million‚ but that may represent a serious undercount. Robert Justich‚ a senior managing director at Bear Stearns Asset Management in New York‚ makes a persuasive case in a forthcoming paper‚ "The Underground Labor Force Is Rising to the Surface‚" that illegal immigrants actually number 18 million to 20 million. If true‚ the economic
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Living today in the most advanced age of technologies‚ humans have benefited from computers. We cannot deny the fact that computers play a crucial role in the various aspects of our lives. We get a lot of help from computers and believe that computers could make people’s lives and jobs easier. But on the other hand‚ we forget the other fact that computers would eliminate jobs too. For example‚ Manufacture of all kinds of office products the computer easily does‚ like typewriter‚ adding machine‚ photocopier
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the story “ A Worn Path” by Eudora Welty. The story “ A Worn Path” is a story written about an old Negro woman who lives in the South many years ago with her only grandson. The story is written in first person point of view and third person omniscient point of view. I say this because you have the main character‚ Phoenix‚ who is on a journey down a path and she is talking not only to herself but also to the animals that are in her way along the journey on this path. She tells them “Out of my way‚
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mask can be worn for many reasons‚ not all are negative. Masks serve a function‚ which is to emotionally protect oneself. This can be appropriate and necessary at times when trust needs be earned. Most people at some time in their life will wear a mask. So the question is what are my masks and why do I wear them? Currently‚ in my life the two masks I wear is one of strength or confidence and the other is being positive at all times. The mask of confidence or strength is worn during golf tournaments
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1. WHAT IS CAPITAL FORMATION? ITS ROLE IN ECONOMIC DEVELOPMENT Capital formation is one of the major factors in economic development. It is the increase in the stock of both material and human capital by making available a part of society’s currently available resources. Capital formation results when some proportion of society’s present income is saved and invested in order to increase material as well as human capital. The meaning of capital formation is that socitey does not apply to the needs
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com/2011/05/historical-annual-returns-for-s-500.html Jain‚ Rajiv‚ and Daniel Kranson. "The Myth of GDP and Stock Market Returns."2009. Web. 4 Mar. 2012. <http://www.virtus.com/vsitemanager/Upload/Docs/6141_GDPwhitepaper.pdf>. Rao‚ Rama. "Forecasting Future Returns." Financial Physics. N.p.‚ n.d. Web. 5 Mar 2012. <http://www.financialphysics.net/future.html>. Bekaert‚ Geert‚ and Campbell Harvey. "Capital Markets:An Engine For Economic Growth." n. page. Web. 5 Mar. 2012. <http://faculty.fuqua
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Haiti‚ ever since 2010 when there was a massive earthquake Haiti had a stable economy. Their economy has been trying to recover. Haiti does not have a strong economy because of the things that were destroyed and what side effects as many crops and goods were destroyed‚ had a very large impact on the economy and the people of Haiti. Haiti does not have a strong economy. The Republic of Haiti or more known has just Haiti‚ has a semi presidential government which means there is a president alongside
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