Notes and Study material for Exams
Consequences of ethics in human actions Ethics focuses on human actions and their morality. It is concerned with the morality of human behavior. But first it is important to separate human actions from their morality. The major focus of ethics is on human actions; this also happens to be the starting point for most legal … Read more
Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of Money, regardless of their income, Resources or EMPLOYMENT status. The purpose of the UBI is to prevent or reduce POVERTY and increase Equality among citizens. It is one of the kind of … Read more
Role Of Family, Society, and educational institutions in inculcating values Family Family is the most important platform for a child to learn, especially during the early stages on one’s life. Many of beliefs and opinion are directly imbibed by an individual, from his family. We learn about the different social relations, responsibilities, religious ideas and … Read more
[su_heading]World Bank[/su_heading] The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign Investment and promoting long-range balance Growth in international trade. The World Bank was established in December 1945 … Read more
INFRASTRUCTURE) that are badly needed for economic development. Foreign investment meets the gap in management, Entrepreneurship, technology and skill. These can be transferred to the host country through suitable training programmes and the processes. Further foreign companies bring with them sophisticated technological knowledge about production processes while transferring modern machinery equipment to the capital-poor developing … Read more
Definition of Globalization-3/”>Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and Investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- [su_heading size=”21″]Economic:-[/su_heading] Breaking down of national economic barriers International spread of Trade, … Read more
The Negative Income Tax: A Potential Solution to Poverty and Inequality The concept of a negative income tax (NIT) has been debated for decades as a potential solution to poverty and inequality. It proposes a system where individuals below a certain income threshold receive government payments instead of paying taxes. This article will delve into … Read more
The Looming Shadow: Understanding Recessions and Their Impact Recessions, periods of significant economic decline, are a recurring feature of modern capitalism. While they are often associated with negative consequences, understanding their causes, characteristics, and potential solutions is crucial for navigating these turbulent economic waters. This article delves into the intricacies of recessions, exploring their definition, … Read more