Bacterial growth

the way we approach economic growth as well as the field of macroeconomics. Before the advent of the Solow Growth Model, one may fail to appreciate the intellectual breakthrough that it was; as then, the most common approach to economic growth was with reference to the Harrod-Domar model. Solow was successful in demonstrating why the Harrod-Domar model, that emphasized potential dysfunctional aspects of economic growth, for example, how unemployment and economic growth go hand in hand, was an…

infrastructure needed for future growth. The theory also offers that a foreign aid could help supplement a government’s investment in a ‘backward’ society. This attempt to modernize was seen as a way to start the process of development as explained by Rostow (Reyes). As mentioned above, the application of this theory of development in the case of the Belo Monte Dam Project in…

important addition to the national economy.() Then, government began developing national tourism policies and programs in hopes of promoting continued growth. This new source of income was important to many third world countries which at that time were in the early stages of economic development. However, many countries also experienced the growth of another industry which is sex tourism. Sex tourism refers to the…

For example, the value added of the Korean music sector has increased at an annual average rate of 23 percent over the period 2005-2011 (Messerlin & Shin, 2013). The growth rate of the export of Korean music is even more remarkable, which is on an average of 36.4 percent per year for the period 2005-2011, with skyrocketing figures for the most recent years- more than 100 percent for the years 2008-2011 (Messerlin & Shin…

China Life Insurance (Group) Company and its auxiliaries (hereinafter alluded to as China Life) constitute the biggest business protection bunch in Mainland China. It is the main state-claimed protection bunch with a benefit surpassing 1 trillion RMB yuan. It is additionally one of the biggest institutional financial specialists in China's capital market.In 2011 its protection premium pay hit 357.8 billion RMB yuan. Life premium salary represented 34.75% of the Mainland's life piece of the…

Tourism is one of the fastest growing industries with international tourism accounting for 9% of the total GDP and one in every eleven jobs are related to tourism (Meleddu, Pulina, 106, 67). However, tourism by itself leads to various negative externalities on the environment, socio-economy, and local culture (Meleddu, Pulina, 106, 67). For this reason, ecotourism is important and is slowly gaining momentum. Ecotourism can be subdivided or classified into various categories such as sustainable…

Rostow full name is Schriften Von Walt W. Rostow. Rostow is a scholar who born on 1916 in New York City (Faculty, 2004). He writes The Stages of Economic Growth and the writing was famous in 1950 and 1960 where the post-war happens (Faculty, 2004). In 1969, he works as Professor of Economics and History at University of Texas which located in Austin (Faculty, 2004). In his writings, he challenged the John Maynard Keynes ideas (Hunt, 1989). In Hunt (1989) views, according to Keynes, he argues…

According to the latest report of The Economist, Hong Kong housing prices in the world's premier, housing prices higher than the real value is close to 54%. In this situation Hong Kong people have the new trend of demand for public housing, many young higher education single persons to apply for public housing, the causes is they can’t bear costly private house. The same is the implementation of the public housing system in Singapore, many of the real estate situation is better. Actually Hong…

ROUGH COPY OF A SUMMARY OF ADAM SMITH’S WELATH OF NATIONS (Book 1) Book I - Of the Causes of Improvement in the Productive Powers of Labour, and of the Order According to which it’s Produce is Partially Distributed among the Different Ranks of the People -Pallavi S. 3rd year, BA. Economic (H), Christ University, Bangalore In the first chapter, Smith details specialization as the key to economic efficiency through the division of labour. Specialisation has made the process thousands of times…

2. Problem definition: How can artificial intelligence be employed to increase the efficiency and effectiveness in purchasing and supply chain management? 3. Current research on the topic The official idea and definition of Artificial Intelligence were first introduced by John McCarthy at the Dartmouth Conference in 1955f. According to Mr. John McCarthy “, Every aspect of learning or any other feature of intelligence can in principle be so precisely described that a machine can be made to…