ASSIGNMENT NO. 1 QUESTION: Briefly explain the changes that happened in Indian Economy after 1991. ANSWER: By 1985‚ India started having balance of payments problems. By the end of 1990‚ it was in a serious economic crisis. The government was close to default‚ its central bank had refused new credit and foreign exchange reserves had reduced to such a point that India could barely finance three weeks’ worth of imports. India had to airlift its gold reserves to pledge it with International Monetary Fund
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Economies Traditional Economy‚ Command Economy & Market Economy Traditional Economy Definition A traditional economy is an economic system where customs‚ traditions and beliefs determine the goods and services created by the society. It is dependent on agriculture‚ hunting and gathering‚ fishing or any combination of the above. Also called a subsistence economy‚ it may involve use of barter trade instead of currency. Characteristics Traditional economies are often based on one
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ECN3000 International Trade An “Emerging Market” Country India Final Report Instructor: Mr. Dominique A. G. Jordan Class: BBA 4 Group Members:- * Huang Hsiang Yu‚ Rachael * Ethan Wong Weng Keong * Mah Hui Khoon‚ Yvonne * Danaya Somnam Submission Date: 15 January 2011 Word Count: 7‚399 words Contents Executive Summary 1 Reason for Selection 2 Country Background 3 PESTLE Analysis 5 Political 5 Economical 7 Social 9 Technological 12 Legal
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CSEC Economics School Based Assessment An Economic Analysis on the Factors Which Influences Smoking in the Community of Golden Spring‚ St. Andrew Topic: Demerit Good Name of Candidate: Renae Bennett Candidate’s number: Centre number: 100049 School: Holy Childhood High Teacher: Mrs. Henry-Fagan Teritory: Jamaica Year of Examination: May/June 2013 Examination ------------------------------------------------- ------------------------------------------------- Acknowledgement
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for a much higher price‚ which leads to their situations being worse than before. All of above are some disadvantages for individuals if the U.S government raises the minimum wage. Raising the minimum wage also has some bad influences to the whole economy. Based on what I learned in microeconomic class‚ a minimum wage is known as the price floor. The price floor will cause an excess supply and fail to
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Goods are tangiable items which satisfy human wants and needs.Humans find them important and desirable so they make efforts to acquire them.In modern economies goods are classified into three main categories namely‚1.pure private goods 2.pure public goods 3.mixed(quasi/public) goods and they are outlined in the passage below. Pure private goods These are all the goods produced by private companies whose aim is to make a profit and they are used exclusively for the satisfaction of private needs
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CONFIDENTIAL BM/JUN 2012/ECO415 UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION COURSE COURSE CODE EXAMINATION TIME ECONOMICS EC0415 JUNE 2012 3 HOURS INSTRUCTIONS TO CANDIDATES 1. This question paper consists of two (2) parts PART A (2 Questions) PART B (4 Questions) Answer ALL questions from PART A and three (3) questions from PART B in the Answer Booklet. Start each answer on a new page. Do not bring any material into the examination room unless permission is given by the invigilator
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India Matt Tribble The University of South Dakota Abstract India is a low-to middle-income country that suffers from nutritional deficits and malnourishment throughout their country. The key issues that burden women’s health includes Anemia‚ which is low levels of hemoglobin in the blood‚ violence due to a male dominated society‚ and the maternal mortality rate. Tuberculosis is a continuous concern relevant to all genders and ages in India. India has taken excessive measures in producing the
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The economy of India is the ninth-largest in the world by nominal GDP and the third-largest by purchasing power parity (PPP).[1] The country is one of the G-20 major economies and a member of BRICS. On a per-capita-income basis‚ India ranked 141st by nominal GDP and 130th by GDP (PPP) in 2012‚ according to the IMF.[12] India is the 19th-largest exporter and the 10th-largest importer in the world. Economic growth rate slowed to around 5.0% for the 2012–13 fiscal year compared with 6.2% in the previous
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BUSINESS MANAGEMENT ( FMG0044 ) ASSIGNMENT 1 : “ THE SUCCESSFUL ENTREPRENEURS ” Lecturer : Sir Azizi Name : 1) Ahmad Zul Iqmal B. Zulkifli (012012051643) 2) Khoo Chee Hong (012012050692) CONTENT 1) Introduction 2) Profile / Background of the entrepreneur 3) The success characteristics / traits of the entrepreneur 4) How should I imply his / her success attitude to improve my personal development / my life ? 5) Conclusion INTRODUCTION Entrepreneurship
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