Q.1 Define Inflation? Ans. Inflation is a condition‚ when cost of services coupled with goods rise and the entire economy seems to go haywire. Inflation has never done good to the economy. Inflation and economic growth are parallel lines and can never meet. Inflation reduces the value of money and makes it difficult for the common people. Causes of Inflation 1. Demand Pull Inflation If the economy is at or close to full employment then an increase in AD leads to an increase in the price level
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Program (GTRP)‚ tiger range countries such as Bangladesh‚ Nepal‚ Russia‚ Vietnam‚ Myanmar and China approached India to help them in conserving tigers. Considering the urgency of the situation‚ Project Tiger was converted into NTCA‚ a statutory authority‚ in 2006 with more power and separate funding for the conservation of tigers. India took a lead in tiger conservation by forming the Global Tiger Forum (GTF)‚ an international body established with members from willing countries to embark on a global
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After watching the documentary‚ Al Nakba: The Palestinian Catastrophe 1948‚ I did not know exactly who to sympathize with. The Jews on one hand were being persecuted severely in Europe‚ particularly in Germany‚ where they were escaping concentration camps. The British promised a home to the Jews in Palestine and were trying to start a new life. However‚ the Arabs living there were especially displeased at the influx of the Jews; I do not understand why they were upset entirely‚ but I do respect it
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destroying vital habitat of the tiger. At the meeting of the IUCN General Assembly in New Delhi in 1969‚ serious concerns have been expressed about the threat to many species of wildlife and the shrinkage of natural areas of the country. In 1970 a national ban on tiger hunting was imposed in 1972 and the Wildlife Protection Act came into force. A task force was then established to formulate a plan for tiger conservation with an ecological approach. The project was launched in 1973‚ and the
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The Declining Authority of States Susan Strange Today it seems that the heads of governments may be the last to recognize that they and their ministers have lost the authority over national societies and economies that they used to have. Their command over outcomes is not what it used to be. States where once master of markets‚ now it is the market which‚ on many crucial issues‚ is the masters over the government of states. And the declining authority of states is reflected in a growing diffusion
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QUESTION : ACCORDING TO MAX WEBER‚ LEGAL-RATIONAL AUTHORITY IS THE MOST RATIONAL TYPE OF AUTHORITY.DO YOU AGREE WITH THIS STATEMENT? GIVE REASONS FOR YOUR ANSWER. In every society‚ whether pre-modern or modern‚ there has been a hierarchy of command of which everyone must adhere to. In order for this system to operate‚ there must be someone in charge. Since every human being is found in a group or an organization which may be a country‚ tribe‚ institution or a family‚ it is obvious that the
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PHILIPPINES UNEMPLOYMENT RATE Unemployment Rate in Philippines decreased to 6.80 percent in the third quarter of 2012 from 7 percent in the second quarter of 2012. Unemployment Rate in Philippines is reported by the National Statistics Office (NSO). Historically‚ from 1994 until 2012‚ Philippines Unemployment Rate averaged 9.14 Percent reaching an all time high of 13.90 Percent in March of 2000 and a record low of 6.30 Percent in September of 2007. In Philippines‚ the unemployment rate measures
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SOC 1301-01 Ideal Types of Authorities According to Max Weber‚ there are three kinds of authority: the legal rational authority‚ the charismatic authority and the traditional authority. President Nixon‚ Adolf Hitler and Moroccan Monarch Hassan II were all great leaders. However‚ the source of their powerful domination and their political leadership differ from one to another. In fact‚ considering a “Weberian” classification‚ we will consider Nixon as a legal rational leader‚ Hitler as a charismatic
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Tax & Taxation The term ’tax’ has been derived from the French word taxe and etymologically‚ the Latin word taxare is related to the term ’tax’‚ which means ’to charge’. Tax is an obligatory payment in the part of the citizen without the expectation of any direct benefit. Taxation is the obligation of non-penal‚ yet compulsory transfer of resources from the private to the public sector levied on a basis of predetermined criteria and without reference to specific benefit received. It is one of the
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The Tennessee Valley Authority Introduction The Tennessee Valley Authority (TVA) was the first large regional planning agency created by the United States Government in May of 1933. The TVA was one of the most innovative and significant ideas of President Franklin Delano Roosevelt to help tackle the economic‚ social‚ and political problems in the Tennessee Valley‚ a region with no economic growth and was heavily impacted before and after the Great Depression. The TVA is a federally owned
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