check their account 5 or more times daily? Facebook is just one of the many social networks used by people all over the globe. It has become a way to connect with people unlike ever before. Social Media has become such a big part of Society that it is expected of us to use at least one. But how beneficial is social media really? Statistics show that an ordinary person spends an average of 7 hours and 45 minutes on social networks during a period of one month Those hours could have been spent doing
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1.The Role of entrepreneurship in economic development of a country An entrepreneur can be regarded as a person‚ who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements. He is the catalyst for social change and works for the common good. They look for opportunities‚ identify them and seize them mainly for economic gains. An action oriented entrepreneur is a highly calculative individual who is always willing to undertake
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Throughout time‚ social media has had the power to change some history facts that include factors such as historical and social events‚ which has lead to many changes. Social media has played a great role in people’s lives during this time period because it gave people a chance to have a voice and a chance to share their opinions about particular history events such as 9/11 and so on. There are so many reasons that allow people to prefer speaking on the Internet instead of going on controlled channels
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EXPLANATIONS OF THE ECONOMIC SUCCESS OF EAST ASIA NATIONS: Introduction The economic success of the East Asian countries has inspired many economists to study the background of their rapid growth. Interestingly‚ different economists interpret this success in entirely different ways. During the 1970s and an important part of the 1980s advocates of the neoclassical model argued that growth in East Asia was the result mainly of the market mechanism and the emphasis on export promotion in these
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1. Why is the assumption of land as a homogenous factor of production no longer considered tenable? In classical economics‚ land along with labor and capital are considered as one of the factors of production. Land is often regarded as the original factor of production because it is found in nature and therefore not produces and cannot be derived from anything else. As a natural good‚ land was considered the source of wealth thus agriculture was the only sector that could increase it. Thus
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Affection Greatly Affects His Son’s Personality Development From the moment we are born we are like empty cups. We have no personality‚ we have no idea in life. We have no identity. It is often the people around us and didactics that make us who we are. Early in life we are shaped by our parents‚ the greatest makers of our identity. Our mothers and fathers affect us more than any other person. The way we communicate and see life may all or partly be influenced by them. Both of them affect our personality
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has no direct influence with the creation of his or her identity. However‚ it is luck that is responsible for his childhood. It is luck that determines social class and race. These identity factors intersect due to their contribution to quality of life; they intertwine to create one’s childhood environment in addition to one’s character. Social class can be a blessing or a curse depending on which end of the spectrum you were born into. If a child is born into money he will most likely become
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Case 1 for International Trade Trade in Information Technology and U.S. Economic Growth Entrepreneurial enterprises in the United States invented most of the information technology that we use today‚ including computer and communications hardware‚ software‚ and service. In the 1960s and 1970s‚ companies like IBM and DEC‚ which developed first mainframe and then midrange computers‚ led the information technology sector. In the 1980s‚ the locus of growth in the sector shifted to personal computers
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Foreign Investment during the recent global economic recession ABSTRACT:- The year 2008 marked the end of a growth cycle in international investment that started in 2004 and saw world foreign direct investment (FDI) inflows reach a historic record of $1.9 trillion in 2007. Since then FDIs have been decreasing. The fall in global FDI in 2008–2009 is the result of two major factors affecting domestic as well as international investment. First‚ the capability of firms to invest has been reduced
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1 Development Banks: Their role an d importance for development C.P. Chandrasekhar Among the institutions whose role in the develo pment of the less developed regions is well recognised but inadequately emphasised are the development banks. Playing multiple roles‚ these institutions have helped promote‚ nurtu re‚ support and monitor a range of activities‚ though their most important function has been as drivers of industrial development. All underdeveloped countries launching on national
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