Bsc agri 2 pae u-1.2 types-of-economic-systems
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There are three basic types of economic systems: traditional, command, and market. Most textbooks say the most common system throughout the world is mixed, which is a blending of two systems rather than its own system. The document then provides details on the characteristics of traditional, command, market, and mixed economic systems. It also discusses how the level of government involvement determines a country's system and lists examples of countries that fall under different systems on the spectrum from pure market to pure command.
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There are three basic types of economic systems: traditional, command, and market. Most textbooks say the most common system worldwide is a mixed system, which blends elements of two or more basic systems. The document discusses the characteristics of traditional, command, market, and mixed economic systems. It also notes that a country's system is determined by the level of government involvement in economic decision making and provides examples of where different systems are most prevalent.
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This chapter introduces economics and key concepts like scarcity, trade-offs, and opportunity costs. It discusses how economists use models to study the real world. The main points are:
1) Economics involves making choices because resources are scarce and wants exceed what's available. The four factors of production are land, labor, capital, and entrepreneurship.
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Mba ii rm unit-2.1 research process a
- The research process begins with identifying an information need and ends with marketing action. It involves 7 main steps: 1) information need, 2) defining objectives, 3) designing methodology, 4) secondary research, 5) primary research, 6) analysis, and 7) reporting.
- There are three main types of research design: exploratory, descriptive, and causal. Exploratory research clarifies thoughts and opinions through surveys, focus groups, and case studies. Descriptive research provides an overall picture through longitudinal or cross-sectional studies. Causal research seeks to establish relationships between variables using controls.
- Key aspects of research methodology include choosing primary and secondary research methods, developing a sampling plan, designing questionnaires, out
B.sc biochem i bobi u-1 introduction to bioinformatics
This document provides an introduction to the field of bioinformatics. It defines bioinformatics as using computer science and software tools to store, retrieve, organize and analyze biological data. The history of bioinformatics began in the 1970s with early work developing protein sequence databases. Today, bioinformatics has many applications including drug design, DNA analysis, and agricultural biotechnology. It requires skills in molecular biology, mathematics, programming and computer science. Major research areas include sequence analysis, genome annotation, and comparative genomics.
Bsc agri 2 pae u-3 perfect-competition
This document discusses the concept of perfect competition in economics. It defines perfect competition as a market with many small firms, identical products, free entry and exit of firms, and complete information. The document outlines the key features of perfect competition including: a large number of buyers and sellers, homogeneous products, no barriers to entry or exit, and profit maximization by firms. It also discusses the short run and long run equilibrium of a perfectly competitive firm, including cases where firms experience super normal profits, normal profits, or losses.
eeMba ii rm unit-3.1 measurement & scaling a
This document discusses various types of measurement scales used in business research including nominal, ordinal, interval, and ratio scales. It also describes commonly used scaling techniques such as rating scales, attitude scales, Thurstone scales, Likert scales, and semantic differential scales. The key aspects of valid and reliable measurement are highlighted, including selecting observable events, developing a mapping rule to assign numbers, and applying the rule consistently.
B.sc biochem i bobi u 3.2 algorithm + blast
The Needleman-Wunsch algorithm is a dynamic programming algorithm used to align biological sequences like protein or DNA. It was developed in 1970 by Needleman and Wunsch and is still widely used for optimal global sequence alignment. The algorithm divides a sequence alignment problem into smaller subproblems and combines their solutions to find the optimal global alignment.
Mm unit 4point2
The document discusses various types of retailers including specialty stores, department stores, supermarkets, convenience stores, and discount stores. It then covers marketing decisions for retailers related to target markets, product assortment, store services, pricing, promotion, and store location. The document also discusses wholesaling, including the functions of wholesalers, types of wholesalers, and marketing decisions faced by wholesalers.
Bsc agri 2 pae u-3.1 marketstructure
Market structure identifies how a market is composed in terms of the number of firms, nature of products, degree of monopoly power, and barriers to entry. Markets range from perfect competition to pure monopoly based on imperfections. The level of competition affects consumer benefits and firm behavior. While models simplify reality, they provide benchmarks to analyze real world situations, where regulation may influence firm actions.
U 2.2 ob bba-ii learning
The document discusses several key concepts in organizational behavior and learning theories, including:
1. Classical conditioning, which involves pairing a neutral stimulus with an unconditioned stimulus to produce a learned response. Famous examples include Pavlov's dogs and fear conditioning.
2. Operant conditioning, where behavior is modified through reinforcement or punishment. Thorndike's Law of Effect explains how responses followed by pleasant outcomes tend to be repeated.
3. Social learning theory proposes four elements necessary for observational learning: attention, retention, motor reproduction, and motivation. People learn from observing models.
eeMba ii pmom_unit-3.2 modern pm tools a
Modern production management tools discussed include JIT, Kanban, Kaizen, ISO, and Poka Yoke. JIT aims to minimize waste through just-in-time production that pulls materials as needed. Kanban uses visual signals like cards to control production flow. Kaizen focuses on continuous improvement. ISO standards help ensure quality. Poka Yoke uses mistake-proofing devices. Key aspects of each tool are outlined, such as how Kanban cards signal production needs and the benefits of ISO certification.
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Bsc agri 2 pae u-1.2 types-of-economic-systems
- 1. Types of Economic Systems BSC AGRI 2 PAE UNIT 1
- 2. • How many basic types of economic systems are there? • Name the economic systems. • Which economic system do most textbooks say is the most common throughout the world?
- 3. • How many basic types of economic systems are there? 3 • Name the economic systems. Traditional, Command, Market • Which economic system do most textbooks say is the most common throughout the world? Mixed. The GCEE states that mixed is not an economic system but rather a blending of two different types of systems.
- 5. What determines which type of economy a country has? • The type of economy is determined by the extent of government involvement in economic decision making. COPY ALL
- 6. Traditional Economy 1. Allocation of resources is based on rituals, habits, or customs 2. Roles are defined by family 3. People work together for the common good 4. Little individual choice
- 7. Free Market Economy 1. Private ownership of property/resources 2.Business decisions are driven by the desire to earn a profit 3.There is a great deal of competition. 4.Consumers have many choices
- 8. Mixed Economy 1. Individuals and businesses as decision makers for the private sector 2. Government as decision maker for the public sector. 3. A greater government role than in a free market econom 4. Most common economic system today Examples: England, Germany, Russia
- 9. Command Economy 1. Central ownership of property/resource 2. Centrally planned economy 3. Lack of consumer choice Example: Cuba and Former Soviet Union
- 13. Three Basic Economic Questions • What to produce? This question asks what people will make and sell. Many countries produce goods or services based on which resources are available and which will make the most money for the lowest cost. A country's type of economy usually has less influence on this question than it does on the other questions. • How to produce? This question asks how people will make a good or service. Manufacturing is a way to produce. Sometimes production is outsourced, or sent to other countries, in order to keep cost down. Downsizing reduces the number of employees, also allowing cost to be kept down. • For whom to produce? This question asks whom goods are services will be made for. People in market economies will produce for a target market. This will allow them to make the greatest profit.
- 14. Source • 1. Elementary economic theory - K.K. Dewett and J.D. Verma • 2. International Economics - B. Mishra • 3. Fundamentals of Agricultural Economics - A.N. Sadhu and A. Singh • 4. Economics - Paul A. Samelson and W.D. Nordhans (Pearson Publications)
Editor's Notes
- 6th Grade- This information is meant to be used in conjunction with the 6th and 7th grade Teacher Notes. For additional resources, go to GeorgiaStandards.org. (Note: This is not an expectation for students to memorize numbers, but to understand that factors that influence specific countries to move more towards a command or market economy). The numbering system is based on The Heritage Foundation’s Economic Freedom Index 2009 The Heritage Foundation is a conservative organization that has partnered with the Wall Street Journal for over a decade to evaluate each country based on a set of 10 criteria to determine economic freedom. Update information using resources listed in the Teacher Notes.
- 6th Grade- This information is meant to be used in conjunction with the 6th and 7th grade Teacher Notes. For additional resources, go to GeorgiaStandards.org. (Note: This is not an expectation for students to memorize numbers, but to understand that factors that influence specific countries to move more towards a command or market economy). The numbering system is based on The Heritage Foundation’s Economic Freedom Index 2009 The Heritage Foundation is a conservative organization that has partnered with the Wall Street Journal for over a decade to evaluate each country based on a set of 10 criteria to determine economic freedom. Update information using resources listed in the Teacher Notes.
- 6th Grade- This information is meant to be used in conjunction with the 6th and 7th grade Teacher Notes. For additional resources, go to GeorgiaStandards.org. (Note: This is not an expectation for students to memorize numbers, but to understand that factors that influence specific countries to move more towards a command or market economy). The numbering system is based on The Heritage Foundation’s Economic Freedom Index 2009 The Heritage Foundation is a conservative organization that has partnered with the Wall Street Journal for over a decade to evaluate each country based on a set of 10 criteria to determine economic freedom. Update information using resources listed in the Teacher Notes.