... believed the best jobs would go to Indians who spoke Hindi and with their pride of their regional languages kept them from accepting this unity, thus government decided against this idea. Now, the India government recognizes 13 regional languages as official languages. Children in schools learn Hindi as their second language, with English being used primary in higher education. Education has become the most recognizable forms of advancing one's country, India has exploded in schools and enrollment in these schools. As we can see by page 2, both chart's, the difference in a little more then 10 years is considerable. Both school enrollment and the number ...

... to do when you get older. But on the other hand there is a disadvantage, being handed down the family business, you are set in that business for basically life and and there is a lack of progress. And progress is the origin of new goods and services. When dealing with command there is always going to be someone who is in charge, the one with all the power, the one who says you do this. Command and slavery are tied together. Central authority can help economic progress. Markets are systems that allows individuals to make their own decisions. There are two dimensions of production and distribution. One being, to organize a system to assure the production ...

... just some examples in which early retirees enjoy the money that was saved. Since the assets are all earned, spending this bonus makes one feel proud for what they worked for and that the working years didnÕt seem like a waste. Something simple such as being young can make someone retire early. Retiring early just for being young also has their advantages. This way, the retiree can explore more areas and get to stay longer because they have more years to enjoy than an ordinary retiree. Also, when someone gets older their health slowly diminish and their ambition to go out and travel also vanishes. Finally, having good health while retired pays of ...

... words: “…They favor two-dimensional models that in trying to be scientific leave out too much and leave modern economists without a true understanding of how the system works.” Mr. Heilbroner believes that modern economists don’t include other fields like sociology, psychology or history to their work. According to him, today, the facts and numbers are considered too much, and the morals and the society’s long term benefits are squeezed out. Math and computers have taken over noneconomic motives and the changes in the forces of human nature haven’t taken into account in the process of developing the scientific data. Uchitelle supports Heilbroner’s ideas wit ...

... 25.3 in 1995-96. Prior to this, the savings had stagnated at 22-23% during the entire period of 1989-95. Gross Fiscal Deficit of the Government of India, as a percentage of GDP, has diminished from 6.1% in 1994-95 to 4.9% in 1996-97 and was targeted down further to 4.5% for 1997-98, according to the 1997-98 budgetary estimates. But due to the Central Government’s turnover and runaway Government non-plan expenditure, it is estimated to have ballooned to 6.1% of the GDP. The rate of inflation, measured by the Whole Sale Price Index, decreased from 10.4% in 1994-95 to 5.0% in 1995-96 and has been hovering around this figure till date. Consistent with this, broad money ...

... the export activities. Explicit taxation can take the form of export taxes whereas implicit taxation occurs as a result of the effects of protection on the exchange rate. As your protection level increases, your exchange rate level will decrease in order to ensure the necessary equilibrium of the balance of payments and the lower the amount of domestic currency exporters receive per unit of foreign exchange earned. There is no need for high protection at the first stage of import substitution in the replacement of the imports of non-durable consumer goods (clothing, shoes, household goods, textile fabrics, leather, wood and other types of inputs) since these com ...

... government spending also causes businesses to have a surplus of inventories. At this point the output is greater than spending and as a result prices begin to fall. Because of the surplus of goods and falling prices consumption becomes more desirable to consumers and the level of consumer spending rises. The fall in prices causes business to become less profitable and producers decrease the level of production. This results in the decrease of the aggregate quantity supplied to decrease. This continues until aggregate quantity demanded equal the aggregate quantity supplied and a period of short- run equilibrium is established. The real GDP and the price level ha ...

... its electrical products group. The sale of the division fetched $1.1 billion, including the assumption of debt. GTE’s long-term debt has swelled almost 5 times, to $1 billion, since 1994. This drives the Debt-to-Capital Ratio to 61%. Cash flow exceeds interest expense by a comfortable five times. Revenue growth from new and enhanced services increased 35% last year, to $1.2 billion and has grown 35% annually. GTE’s Return on Equity was 40% that far exceeds rest of its major competitors listed. The company’s boosting margins and overall returns are clearly pictured from the Net Profit Margin of 2.1%, a nice 36% improvement over the prior year. The company ann ...

... movement in goods, services, and assets, a monetary system most importantly requires an efficient balance of payments adjustment mechanism so that deficits and surpluses are not prolonged but are eliminated with relative ease in a reasonably short time period. of recent falls into this category of inefficient balance of payments facilitated by depreciation of its currency. By competitively depreciating its currencies, Asia is exporting its deflation, its overcapacity and its lack of growth to the West, particularly to the US. History The past ten or fifteen years have seen an unprecedented expansion in the extent to which the countries of the world are tied ...

... are currently 3,456 franchised units in 49 states and in 44 countries. The company itself only owns four of the franchise units. Those interested in a franchise opportunity must pay a franchising fee of $15,000 that varies from country to country. The future franchisee is required to have at least $100,000 in liquid assets, including the franchise fee. In order to even be considered for a Baskin-Robbins franchise opportunity, those interested must have a net worth of at least $300,000. Though very rare, the Corporation does offer limited financing for qualified candidates. Because of this if one wants to become a franchise owner, it is necessary to get loans ...