Key term | Definition | Accelerator | A change in the level of investment in new capital goods is induced by a change in the rate of growth of national income or AD. | Actual output | Level or real output produced in the economy in a particular year, not to be confused with the trend level of output. The trend level of output is what the economy is capable of producing when working at full capacity. Actual output differs from the trend level of output when there are output gaps. | Aggregate
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Explain the difference between Neoclassical Environmental Economics, Ecological Economics, and Natural Resource Economics. The three approaches originate from three different schools of thought. Broadly, Neoclassical Environmental Economics (NEE) is the opposite of the Ecological Economics (EE), and Natural Resource Economics (NRE) lies somewhere between them. Let’s begin with the opposing views. Field states, ‘Environmental Economics is the application of the principles of economics to the
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and work, changes in the curriculum and assessment, changes in girls aspirations, teacher attention and classroom interaction, selection, league tables etc. Concepts and issues such as meritocracy, patriarchy, pupil subcultures, labelling, de-industrialisation, marketisation, the hidden curriculum etc. may appear. Sources may include Epstein, Mac an Ghaill, Willis, Weiner, Kelly, Mitsos & Browne, Slee, David Jackson, Swann & Graddol, Pirie etc. Candidates may offer an evaluation, e.g. through consideration
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Kuldeep Changia | Issues in Indian Industry | March 9, 2015 Kuldeep Changia | Issues in Indian Industry | March 9, 2015 Perspectives on Industrial Stagnation in India (1940-70) Perspectives on Industrial Stagnation in India (1940-70) Abstract The paper seeks to analyse the factors causing the stagnation in the industrial sector in India after having relatively rapid industrialization post-independence period. This debate marked contrast to the relative consensus that prevailed in the professional
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DRAINAGE he term drainage describes the river system of an area. Look at the physical map. You will notice that small streams flowing from different directions come together to form the main river, which ultimately drains into a large water body such as a lake or a sea or an ocean. The area drained by a single river system is called a drainage basin. A closer observation on a map will indicate that any elevated area, such as a mountain or an upland, separates two drainage basins. Such an upland
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9.1 Anti Semitism — * def: Hostility/Hatred towards the Jewish people * Now a new feeling: Jewish Communities have face judgement and violence all throughout history. * From time to time, Jewish population has experienced deliberate attacks (pogroms) yet have managed to survive as a group and as a religion. * Nazi policy towards the Jews was the most brutal and horrific example of anti-Semitic behaviour in history * Nazis developed a deliberate policy to kill the Hews
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Group - 5 Somnath Bhaduri Neeraj Jain Naveen A. Kumar Kirti Katiyar Harsh Agarwal Dipankar Duttagupta Group - 5 Somnath Bhaduri Neeraj Jain Naveen A. Kumar Kirti Katiyar Harsh Agarwal Dipankar Duttagupta MIDDLE-INCOME TRAP IN INDIA MIDDLE-INCOME TRAP IN INDIA TABLE OF CONTENTS 1. Introduction……………………………………………………………………………………………… 2. The Middle Income Trap…………………………………………………………………………… 3. Reason why countries are struck in Middle-Income Trap…………………………. 4. India
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INTRODUCTION Background There is a widespread recognition within Bangladesh that corruption is endemic and its roots lie deep in bureaucratic, business and political institutions. Corruption, however, has become a worldwide problem and has been brought to the forefront of the development agenda with the World Development Report 97: The State in a Changing World. It was followed by the World Bank report "Helping Countries Combat Corruption", which presented a four-pronged approach to guide the Bank's
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The 4th of August 2011 the police shot Mark Duggan, a black man living in Tottenham – a borough in Greater London. The event created a strong reaction form the local youth. After a march on Tottenham Police station to protest the death of the man, the demonstration turned into a series of violent acts in the streets that quickly developed and spread across London and other cities all over England. A major debate arose about the inner causes of the insurrections and the media and politicians promptly
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As a concept, Dystopia emerges at the end of the long Eighteenth Century, possibly as a result of social upheaval and the long wars. it comes to the fore towards the end of the Nineteenth Century with gloomy forebodings as to the impact of industrialisation. Some go for a mechanical paradise. Others foresee a world order where things have got beyond repair - and that's not just the machines. Jack London in The Iron Heel (1908)sees the collapse of the American republic between 1912 and 1932 with
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