economic Essay - 1701 Words

Globalisation - Economic Growth and Development and development indicators. â€Å"Outline the differences between economic growth and economic development. Discuss how economic development may be measured. Outline how globalisation may impact upon a nation’s development. Where appropriate make reference to a relevant case study.† Although economic growth and development are similar in meaning, they have some essential differences. Economic growth refers to the increasing ability of a nation to produce more goods and services. Economic development basically implies that individuals of that nation will be better off and takes into account changes in economic and social structures that will reduce or eliminate poverty. Economic development†¦show more content†¦Various indicators have been developed to compensate for the limitations of economic growth measurements. Rather than just measuring the economic living standards in a country, development indicators measure the welfare of individuals in that country. The main development indicator used is the Human Development Index (HDI). It was devised by the United Nations Development Program (UNDP) to measure the economic achievements of a nation in combining economic growth as well as social welfare. The HDI takes into account three major factors: Life expectancy at birth: High levels of longevity are critical for a country’s economic and social well being. Levels of educational attainment: The HDI measures adult literacy and the ratio of people in primary, secondary and tertiary education. Gross Domestic Product per capita: seen as being a measurement of the ability of people to access goods and services. The HDI is essentially a score between 0 and 1. A score of 0 would mean no human development has taken place and a score of 1 is the maximum amount of human development. In 2000, the Human Development Report places Canada as the top ranked nation with a HDI of 0.935. Australia was ranked fourth, with a HDI of 0.929 behind Norway and the United States. The lowest ranked nation was Sierra Leone with a HDI of 0.252. When comparing the HDI of certain countries, the GNP per capita should also be considered. A nation with a much higher-ranking HDI than GNP perShow MoreRelatedEconomics And Economics On Economics Essay1142 Words   |  5 PagesWhen we talk about economics we must first defined the word. Economics is a social science that studies human behavior and how to allocate our limited (scares) resources, efficiently and effectively to meet our unlimited human wants. Now as we dive deeper in to the field of economics we realized that there are two separate categories that the study of economics breaks off into. The first is macroeconomics, macroeconomics is the study of the whole picture when it comes to economics. Macroeconomics willRead MoreEconomics : Economics And Micro Economics1238 Words   |  5 Pages Economics is the study of how our unlimited demand of certain things can be met by our limited amount of supply. For instance, if there was an unlimited amount of money for everyone, then everyone would have everything they had always wanted and would not have to work to get the money. Everyone would have billion dollar homes and the nicest cars in the world. Unfortunately, we do have a limited amount of money, so the economists find ways to get around that. There are two types of economicsRead MoreEconomics : Economics Of Business1361 Words   |  6 PagesHND Accounting Economics FINAL REPORT: The Economics of Business DUE DATE: 20 May 2015 Catherine Macintosh 11006620 For the attention of Sarah Sutherland Word count: 1,243 (Excluding Acknowledgements, Abstract/Executive Summary, Terms of Reference, References Appendices TABLE OF CONTENTS Page 1.0 Costs 3 1.1 Total costs 3 1.2 Average costs Read MoreEconomics1291 Words   |  6 Pageshis profit. Do you agree? Use a graph to illustrate your answer. The argument is incorrect. As the graph shows, a reduction in marginal cost will cause a monopolist to reduce his price. 2. Economist Harvey Leibenstein argued that the loss of economic efficiency in industries that are not perfectly competitive has been understated. He argued that when competition is weak, firms are under less pressure to adopt the best techniques or to hold down their costs. He referred to this effect as x-inefficiencyRead MoreEconomics1444 Words   |  6 Pagesresource is inefficient it means the resources are not used in the best distribution by firms or organizations. An ETS is executed when the environment has been polluted and the government intervenes in order to control the pollution by providing economic encouragements towards the firms and organizations to reduce the amount of pollution emitted in the environment (Brown* 2001). When ETS is implemented it reduces the pollution of the environment caused by different firms thus making it its main goalRead MoreEconomics1654 Words   |  7 Pagesï » ¿1. What is the ‘economic problem’? The fundamental economic problem is related to the issue of scarcity. Scarcity means that resources are limited and short in supply in the world (e.g. diamond). Because of limited resources and unlimited demands, society needs to decide how much to produce and distribute these relatively scarce resources. The basic economic problem can be define as what to produce, how much to produce and for whom to produce. Some countries are lucky to have great naturalRead MoreEconomics999 Words   |  4 PagesManagerial Economics MIDTERM Exam What changes can you envision to the real economy, should Rifkin’s vision of a zero marginal cost society, become reality? For me, Jeremy Rifkin is a great social theorist. I’m mostly agreeing with him, with his conclusions and visions of the future economy. They looks like perfect and definitely it’s a â€Å"think big† way of delivering the information. His book â€Å"The Zero Marginal Cost Society† is must read, of course. Trigger is a zero marginal cost. I’m completelyRead MoreEconomics1000 Words   |  4 Pagesconsumer change, there will be a much greater change in the production output in the capital equipment required to make those consumer goods. This change in the production of capital equipment, that is , investment spending speeds up the rate of economic growth or slump Since we are focused on short-run business-cycle fluctuations here, it is reasonable to ignore changes in K/Y that may be associated with long-run advances in technology. 15 – 10 proportional to the level of output in t, Kt Read MoreEconomics1134 Words   |  5 PagesMF 7701 Managerial Economics Quiz #1 Fall 2014 Instructions: 1. You may work on this quiz alone or with as many other students as you wish. If you work with other students, please submit only one (common) answer. 2. You may not talk about this exam with anyone outside of the two managerial economics sections. 3. You may work with people from the other section if they are taking this course. In all cases, please submit only one, common answer. 4. You must e-mail your finalRead MoreEconomic Growth And Economic Development917 Words   |  4 PagesEconomic growth refers to an increase in the capacity for an economy to produce goods and services as compared from one period of time to another. It can be measured either in nominal terms which include inflation, or in real terms that are adjusted for inflation. It is mainly influenced by unemployment, inflation, technology levels, rate of investment, population growth rate, among other factors. These factors are used further to explain the differences in the varying level of output per capita

The Death Of Teen Suicide - 884 Words

One in every twelve teens attempt suicide annually and it is the third leading cause of death in teens. The reason for suicide in youth varies immensely such as major disappointment, rejection, failure, or loss. Many times, these just trigger the urge of suicide, and the teen has one or maybe even more disorders. Simple things like breaking up with a boyfriend or girlfriend may seem small or even trivial to some people, but to those with a disorder such as depression or bi-polar disease it could be worth taking their life. The numbers have increased dramatically over the years and it’s becoming a huge problem in our country. People are killing themselves before their life even begins and it seems like not many people care. We say that we†¦show more content†¦They see everything that goes wrong as their fault because of either neglect, or harsh bullying. They may not feel loved because they are self-conscious and feel there is nothing to be proud of themselves for. So they feel that because of this, everything that goes awry or wrong in their lives, and sometimes even in others lives, is their fault. Then, because society has deemed a specific group of people who are â€Å"pretty†, â€Å"handsome†, â€Å"normal†, and â€Å"popular†, their spirits are crushed even more because they are not one of those people and they envy them. And those who are society’s â€Å"normal† will rag and tear at the people who aren’t, just showing them even more what’s apparent. Why do we do this? Why do we rag on people until they break? Why does it take the ending of so many lives for even a small group of people to realize how big of a part we play in other’s lives? Why don’t we look for signs? It’s because we do not know them. Get to know them. Look them up and know them. They could save a person’s life someday. Why do we push the limits? It’s because we want to say we can push the limits that are there. That’s all we try to do today is push limits (physics, emotions, etc.). Why do we rag on people? For some reason, we apparently feel better when we put others down. We think that if we make them seem lower than us, it makes us bigger. In reality, we’re just pushing ourselves down too. We’re not close toShow MoreRelatedThe Death Of Teen Suicide775 Words   |  4 Pagesan ultimately fatal matter, suicide. The initial issue contended in this article is whether the victims girlfriend should be held partially accountable in the late Conrad Roy’s suicide. The accused is Michelle Carter, who was a minor at the time of the incident and is accused of involuntary manslaughter in the case of Conrad Roy. The controversy of this subject immediately captivated my attention. The word suicide itself suggests self-intent. In a literal sense, suicide is Latin for suicidium, suiRead MoreSuicide the Third Leading Causes of Death among Teens in the World1026 Words   |  4 Pagestime goes by which is attributed to suicide. Lets put an end to teenage suicide starting with ways to detect and prevent it. The lack of prevention to help reduce the rate of teen suicide that the community deficient in is why more students and schools are coming together to help spread awareness within communities and around the world. Suicide has become a big issue in todays generation, especially for teens. Suicide is now known as the third leading cause of death among youth all around the worldRead MoreTeen Suicide Is The Third Leading Cause Death For High School Students1396 Words   |  6 PagesOver the years teen suicide has increased tremendously. According to Michael Jellinek, â€Å"the adolescent may feel they have no choice but to end their intense internal suffering or to solve a hopeless dilemma by ending it all†(Preventing Teen Suicide). According to the Center of Disease Prevention, â€Å"suicide is the third-leading cause of death for high school students after car accidents and homicides†(Bratsis). Everyday teens are faced with internal struggles and challenges that are difficult to copeRead MoreSuicide Is The Third Leading Cause Of Death1191 Words   |  5 Pages Suicide is the Third Leading Cause of Death in Adolescence Connie Yonn West Coast University Suicide behavior arise in adolescence, a period when significant mood and disturb behavior preoccupied with death (Stoep, 2009). Teen suicide rates are disturbing and have been increasing in the current years base on statistic (Croft, 2016).  The increasing number of teen suicide have cause awareness and brought attention to observance in teen suicide (Croft, 2016). It is said to be the third leading causeRead More The Causes of Teen Suicide Essay1500 Words   |  6 PagesTeen suicide is becoming more common every year in the United States. In fact, only car accidents and homicides (murders) kill more people between the ages of 15 and 24, making suicide the third leading cause of death in teens and overall in youths ages 10 to 19 years old. Read on to learn more about this serious issue - including what causes a person to consider taking their own life, what puts a teen at risk for suicide or self-harm, and warning signs that someone might be considering suicideRead MoreThe Growing Issue Of Suicide904 Words   |  4 PagesOctober 12 The Growing Issue: Suicide Suicide is a very large and growing problem in American teens. It is one of the leading causes of death among adolescents, following accidental injury and coming before homicide, it affects not only the teens that commit suicide but everyone around them, and it can be solved by learning how to deal with the people who are having suicidal. Suicide is the act or instance of taking ones life voluntarily and intentionally. Suicide may seem like something that doesnRead MoreNoticing a Suicidal Teenager652 Words   |  3 Pages Suicide is a permanent solution to a problem that is most likely just temporary. The word suicide catches the attention of many readers and listeners, but the actions that lead up to suicide are even more important. Noticing these actions can be the difference between life and death, but they still go unnoticed. For teenagers, suicide is the easy way out and suicide remains as one of the leading causes of death. In order to notice a suicidal teen, you need to kno w the statistics, the teenagers withRead MoreTeen Suicide Essay881 Words   |  4 PagesTeen Suicide Suicide is a growing problem in American culture. Sadly, teens are affected the most. Teen suicide is increasing rapidly. â€Å"About 5,000 teens in the United States kill themselves each year† (Peacock, 4). Suicide among teens is a serious and devastating crisis. More teens are taking their lives today than ever before. Teen suicide does not affect one specific type of teen; it affects any type of teen. There are a variety of reasons teens resort to committing suicide. Many people are workingRead MoreTeen Suicide Is A Complicated Tragedy1476 Words   |  6 Pages Teen Suicide Suicide is always a complicated tragedy that leaves people with many questions and few answers. When a teen commits suicide, everyone is affected, family members, friends, classmates, teachers, neighbors, and even outsiders. Teen suicide rates have had a major increase over the years. It has been proven to be the third leading cause of death for 15 to 24 year olds (APA â€Å"Teen Suicide is Preventable†). Society must provide reliable resources to help ensure that American societyRead MoreA Look Inside Teen Suicide Essay1221 Words   |  5 Pagescorner, and the only solution you see, the only way out, is suicide. In the present, it seems that the number of youths that are depressed, hurting themselves and thinking suicidal thoughts are increasing. Youth suicide has slowly been crawling its way up the cause of death list and is now the third leading cause of death in youth from ages ten to twenty-four year olds (Washington State Department of Health â€Å"Teen Suicide†). Youth suicide is a growing social problem that needs to be brought to attention

The Buffalypso free essay sample

Water buffaloes were first introduced into Trinidad and Tobago from India in 1906. Water buffalo is not indigenous to Trinidad and Tobago. The first importation of 30 Jaffarabadi buffaloes to a sugarcane estate in Tacarigua was reported to have occurred between 1900 to 1905. Several importations occurred since, with the last being in 1949. They were imported to haul cane and provide transport. Presently, these animals continue to provide draught power for a few small farmers in the sugarcane fields and are being used increasingly for beef production. Dr. Stephen Bennett developed a new breed of cattle whose name matches the land of his birth, the land of the calypso – the Buffalypso. Through selective breeding he set out to reduce infections in water buffalo which were prone to tuberculosis. He found that the Indian water buffalo, which was introduced to Trinidad as a â€Å"beast of burden† to work on the sugar estates, was a tougher animal. We will write a custom essay sample on The Buffalypso or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It was less infected with this disease and so he chose these animals for his breeding programme. He soon realised that these animals were under-utilised and had potential as a beef breed. After many years of research he developed this superior breed, the Buffalypso (Bubalis bubalis), in the early 1960s. The Buffalypso is a prized breed because of its thick skin, its ability to keep off parasites and its good quality beef and milk production. The thick skin has great value in the manufacture of leather goods, since it can be split to form two hides the outer skin used for belts and shoes and the thin inner skin for handbags. Buffalypso became an amazing breed of animals, which were introduced to Brazil, Colombia, Costa Rica, Venezuela, Argentina, Cuba, USA and Italy among many other countries.