A very good afternoon to the Chair Speaker‚wise and honourable adjudicators‚ precise timekeeper‚ respected teachers‚ worthy opponents‚my fellow teammates and most of all‚ members of the floor. Ladies and gentlemen‚ I as the second speaker of the opposition team‚ Arvindhra Rao s/o Krishnamurthy‚strongly disagree with today’s motion which is “This House Believes That Junk Food Is The Main Cause Of Health Problems”.I would say it is not the only cause. There are many other causes that contribute
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1. Explain the role of technology and big business in the growing global economy of the 16th and 17th centuries. The technology and big business in the growing economy of the 16th and 17th century was booming‚ ships were being built differently to accommodate with their traveling needs‚ like the galleon. Trading companies collaborated in a variety of ways to expand seaborne commercial operations like the House of India which had control over the transoceanic trades like importing many spices and
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embraced Capitalist ideologies and systems. It also enhanced the influence and prestige of US. To sum up‚ the BWS catalysed economic integration and led to the rise of MNCs‚ which is another factor. MNC The MNCs set up different manufacturing bases in different countries. The MNCs were important in spreading economic links of globalisation and helped the US to expand its global reach to more countries‚ hence increasing US strength and influence. The MNCs created globally-intergrated enterprises and brought
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1. The effectiveness of monetary policy in Pakistan ARTICLE (December 09 2008): Alongside is the text of the speech of the Governor‚ State Bank of Pakistan‚ at the Institute of Business Management on December 6. Economic policies aim to increase the welfare of the general public‚ and monetary policy supports this broad objective by focusing its efforts to promote price stability. Embedded in this objective is the belief that persistent inflation would compromise the long term economic prospects
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The global economy: Most economists now talk about the global economy‚ where the economies of individual countries are linked to each other and changes in a single economy can have ripple effects on other. The aggregate value of all goods and services produced worldwide each year in the global economy is known as gross world product. Economies are now more closely integrated‚ stronger and far reaching than ever before. Notes: Globalisation has become a dominant economic‚ political and social
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for the differences between the two views? Explain. Answer: Liberals view competition as an inherent part of human nature in a constructive way‚ guided by reason. Liberalism considers competition as an advantage for economy and economy activities. That kind of competition is called “the invisible hand” by Adam Smith‚ who describes it as the responsible for promoting the common good within a society‚ and the factor which guide economy to success. Economy activities are motivated by self-interests
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the greatest global economic calamity since the Great Depression. This crisis still lingers. Yet‚ optimism is in the air: the deep freeze is behind‚ and the horizon is brighter. My great hope is that 2014 will prove momentous in another way-the year in which the “seven weak years”‚ economically speaking‚ slide into “seven strong years”. Is this wishful thinking? No‚ but it will not simply happen on its own. Getting beyond the crisis still requires a sustained and substantial policy effort‚ coordination
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South African Politics and Political Economy Module Title and Code: Risk and Scenario Studies SLP 420 Title of Assignment: What are the most important forces driving global change. How will these forces shape the political economy of the world by 2014 and which of these forces are most likely to affect South Africa and why? This essay seeks to identify what the most important forces driving global change are; how these forces will shape the political economy of the world by 2014 and which of these
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Discuss the impact of newly industrialized countries on the global economy. (10 marks) The rise of Newly Industrialised Countries (NICs) such as South Korea has greatly increased the international division of labour. During early development of NICs‚ TNCs from developed nations utilised the cheap workforce and outsourced their manufacturing into NICs. However the main Research and Development sector remains within the parent countries. This has great impact on the world economy as the NICs benefits
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Contribution In this report‚ I learn that many companies are global with divisions all over the world. One must understand the cultures involved for the organization to run as proficiently and efficiently as possible. What works for one group‚ may not work for another. One critical objective is to get a culture to mirror organizational culture so that there are no misalignment‚ gaps‚ and disconnects. Everything must work in sync‚ and in harmony for the organization’s stability and survivability
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