The document provides an overview of Pakistan's economic system and economy. It defines key economic concepts like economy, socialism, communism, and mixed economies. It then describes Pakistan's semi-industrialized economy, which includes textiles, chemicals, food processing, and agriculture. It notes that Pakistan has come a long way since independence, with its per capita income increasing tenfold. It also outlines some of Pakistan's economic challenges as well as solutions to improve its economy like investing in human capital, using technology, and decentralizing governance.
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Economics is the study of how societies use their resources to produce goods and services. It is a social science that examines the production, distribution, .... Essays in economic development ... and obstacles faced by the poorer nations of the global economy on the path to development are extremely diverse.. Free Essay: Many people think that economics is about money. Well, to some extent this is true. Economics has a lot to do with money: with how much money.... Analysis of the Tourism & Airline Industry in the UAE. Example essay. Last modified: 4th Jun 2023.. Up: Economics Network > Writing for Economics. Essay writing. The idea of setting essays is to offer you the chance to make a longer, more complex argument.. Economics essays often examine how governments can manage resources to promote economic growth. In addition, economics essays may also analyze the impact of .... evidence on three issues within the field of economic development: the effect of social networks on immigrants' labor market outcomes (first essay), .... Lionel Robbins, biography, from the Concise Encyclopedia of Economics: Robbins' most famous book was An Essay on the Nature and Significance of Economic Science .... This thesis was written while I worked at the Research Unit on Economic ... Lilja examined an earlier version of the first essay and provided useful .... The list of economic essay topics is endless – the field focuses on multiple areas of human interactions on different scales. Choosing one of the economics ...
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Every single order we deliver is written from scratch according to your instructions. We have zero tolerance for plagiarism, so all completed papers are unique and checked for plagiarism using a leading plagiarism detector.
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Economics is the study of how societies use their resources to produce goods and services. It is a social science that examines the production, distribution, .... Essays in economic development ... and obstacles faced by the poorer nations of the global economy on the path to development are extremely diverse.. Free Essay: Many people think that economics is about money. Well, to some extent this is true. Economics has a lot to do with money: with how much money.... Analysis of the Tourism & Airline Industry in the UAE. Example essay. Last modified: 4th Jun 2023.. Up: Economics Network > Writing for Economics. Essay writing. The idea of setting essays is to offer you the chance to make a longer, more complex argument.. Economics essays often examine how governments can manage resources to promote economic growth. In addition, economics essays may also analyze the impact of .... evidence on three issues within the field of economic development: the effect of social networks on immigrants' labor market outcomes (first essay), .... Lionel Robbins, biography, from the Concise Encyclopedia of Economics: Robbins' most famous book was An Essay on the Nature and Significance of Economic Science .... This thesis was written while I worked at the Research Unit on Economic ... Lilja examined an earlier version of the first essay and provided useful .... The list of economic essay topics is endless – the field focuses on multiple areas of human interactions on different scales. Choosing one of the economics ...
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The Global Economy Essay
Essay On Us Economy
Essay about Economic Conditions
Essay about Us Economy and Gdp
Macroeconomics Essay
Essay on Economics in My Life
Economic Systems Essay
business economics Essay
What is Economics? Essay
Essay about The British Economy
Economics Reflection
Essay about U.S. Economy
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docxlynettearnold46882
DEVELOPMENT STUDIES AND ETHICS
Diploma and Certificate Programmes
BBB 1207 DEVELOPMENT STUDIES AND ETHICS
THE CONCEPT OF DEVELOPMENT AND UNDER-DEVELOPMENT
What is development?
In general, development is the process of improving the quality of human life.
The economic view of development is that it is the capacity of a national economy whose initial economic condition has been more or less static for a long period of time, to generate and ascertain an annual increase in its Gross Domestic Product (GDP) at the rate of 5% to 7%.
Development includes: quantity of resources available, equitable distribution of income, people’s quality of life e.g. access to education, healthcare, employment opportunities, security, etc.
· Development is a multi-dimensional process involving major changes in social structures, personal attributes and national institutions.
· Development is progressive
· The new economic view of development defines economic development in terms of its reduction or elimination of poverty, inequality and unemployment within the context of a growing economy.
Underdevelopment:
This is a state of inadequate development. It is characterized by diverse problems including unemployment, low level of technology and skills, under-utilization of resources, low literacy levels, confusion and ignorance, hopelessness, etc. It affects more than 3 billion people in the world.
Objectives of development
1. To increase availability and widespread distribution of basic life-sustaining goods such as food, shelter, security and health.
2. To raise the standards of living with emphasis on higher income, better education and greater attention to cultural and human values, all of which serve not only to enhance material well-being but also to generate individual and national esteem.
3. Expansion of the range of economic and social choices available to individuals and the nations in order to free them from servitude and dependency.
Core values of development
(i) Sustenance: This means the ability to meet basic needs. All people have certain basic needs without which life would be impossible. These life-sustaining human needs include food, shelter, health and protection. Their absence implies a condition of absolute underdevelopment.
· A basic function of all human activity is to provide as many people as possible with the means of overcoming the helplessness and misery arising from lack of the above.
· Without sustained and continuous economic progress at the individual as well as society level, the realization of human potential would not be possible.
(ii) Self-esteem : This means a sense of worth and self respect
· The nature and form of this self-esteem may vary from society to society, culture to culture.
(iii) Freedom from servitude: This means human freedom i.e. emancipation from alienating materials e.g. conditions of life and from social servitude to nature, ignorance, other people, misery, institutions and dogmatic beliefs.
· Fr.
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docxlynettearnold46882
DEVELOPMENT STUDIES AND ETHICS
Diploma and Certificate Programmes
BBB 1207 DEVELOPMENT STUDIES AND ETHICS
THE CONCEPT OF DEVELOPMENT AND UNDER-DEVELOPMENT
What is development?
In general, development is the process of improving the quality of human life.
The economic view of development is that it is the capacity of a national economy whose initial economic condition has been more or less static for a long period of time, to generate and ascertain an annual increase in its Gross Domestic Product (GDP) at the rate of 5% to 7%.
Development includes: quantity of resources available, equitable distribution of income, people’s quality of life e.g. access to education, healthcare, employment opportunities, security, etc.
· Development is a multi-dimensional process involving major changes in social structures, personal attributes and national institutions.
· Development is progressive
· The new economic view of development defines economic development in terms of its reduction or elimination of poverty, inequality and unemployment within the context of a growing economy.
Underdevelopment:
This is a state of inadequate development. It is characterized by diverse problems including unemployment, low level of technology and skills, under-utilization of resources, low literacy levels, confusion and ignorance, hopelessness, etc. It affects more than 3 billion people in the world.
Objectives of development
1. To increase availability and widespread distribution of basic life-sustaining goods such as food, shelter, security and health.
2. To raise the standards of living with emphasis on higher income, better education and greater attention to cultural and human values, all of which serve not only to enhance material well-being but also to generate individual and national esteem.
3. Expansion of the range of economic and social choices available to individuals and the nations in order to free them from servitude and dependency.
Core values of development
(i) Sustenance: This means the ability to meet basic needs. All people have certain basic needs without which life would be impossible. These life-sustaining human needs include food, shelter, health and protection. Their absence implies a condition of absolute underdevelopment.
· A basic function of all human activity is to provide as many people as possible with the means of overcoming the helplessness and misery arising from lack of the above.
· Without sustained and continuous economic progress at the individual as well as society level, the realization of human potential would not be possible.
(ii) Self-esteem : This means a sense of worth and self respect
· The nature and form of this self-esteem may vary from society to society, culture to culture.
(iii) Freedom from servitude: This means human freedom i.e. emancipation from alienating materials e.g. conditions of life and from social servitude to nature, ignorance, other people, misery, institutions and dogmatic beliefs.
· Fr.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
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Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
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Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
2. What Is Economy?
An economy consists of the economic system of a
country or other area, the labor, capital and land-
resources, and the economic agents that socially
participate in the production, exchange, distribution,
and consumption of goods and services of that area.
3.
4.
5.
6. Socialism
An economic system in which the factors of
production are owned and operated either by
the government itself or by the private sector
under strong government control. It is called
as planned or command economy. Ex. China,
New Zealand, Canada
7. Communism
All the factors of production and enterprises
concerned with the production and distribution
of goods and services, is owned and operated
by the government and whole national income
is taken and distributed by the government
according to ability and need of individuals.
Karl Marx is the founder of Communism
philosophy. Example: Russia.
8. Mixed Economies
Economies that combine several systems; for
example, an economy where the government
owns certain industries but others are owned
by the private sector. Examples: France, UK,
Pakistan
9. Why is economy important?
• The economy is an indicator of development
and sustainability.
• A good economy ensures better chances of
survival and development or a state.
• If we understand the cycles and system in
Economics, we can better understand how to
manage our money and society!
10. Difference between Economic Development
and Economic Growth
Economic Development
Economic development is a qualitative term as it indicates
continuous increase in the real national income and
structural changes in the economy of a country.
It means increase in output of goods and services in an
economy. Economic development is more important than
economic growth because economic development is
wider and more comprehensive process than economic
growth. Economic development is a process of economic
transition involving structural transformation of an
economy through industrialization, raising GNP and per
capital income.
11. Economic Growth
Economic growth is a quantitative term as it
represents quantitative increase in
production of goods and services in an
economy. Economic growth is a steady
process by which the productive capacity of
an economy increase overtime to bring
about rising levels of national output and
income.
Economic growth is the name of more
production. Growth is measured in terms of
an increase in real gross national product
(GNP/GDP) over time or an increase in per
capital income.
12. Economy of Pakistan
Pakistan has a semi-industrialized economy, which
mainly encompasses textiles, chemicals, food
processing, agriculture and other industries
13. An overview of Pakistan’s
economy
The economy of Pakistan is the 26th largest in the
world in terms of purchasing power parity (PPP), and
44th largest in terms of nominal GDP
In 1947, Pakistan had 30 million people with per capita
income of 100$. Agriculture accounted for almost 50%
of economic output with hardly any manufacturing, as
all industries were located in India.
Therefore, it was unable to feed 30 million people and
was dependent on imports from the USA.
From thereon, Pakistan has come a long way. Today
with 170 million people, our per capita income in 2008
was 1000$ which is ten times more than it was in the
beginning.
14. National Development
What is National Development?
National development is the ability of a county or
countries to improve the social welfare of the
people e.g by providing social amenities like
quality education, potable water, transportation
infrastructure, medical care, etc.
National development refers to the ability of a
nation to improve the lives of its
citizens. Measures of improvement may be
material, such as an increase in the gross
domestic product, or social, such as literacy rates
and availability of healthcare.
15. How can we measure
Development?
In a number of ways but the main one you need to
know about is the UN HDI- the Human Development
Index. HDI is an aggregate index of living standards
with 3 main components
Mean Educational attainment
Income (measured by real GDP per capita PPP)
Life expectancy at birth
Highest HDI possible is 1.0
16. Economic Factors to Measure
Development
Gross Domestic Product (GDP) is the total value
of goods and services produced by a country in a
year.
Gross National Product(GNP) measures the total
economic output of a country, including earnings
from foreign investments.
GNP Per Capita is a country's GNP divided by its
population. It reflects the average income of a
country's citizens. It is a useful way to assess
each country's relative wealth or poverty (Per
capita means per person.)
17. Cont……..
Economic growth measures the annual increase
in GDP, GNP, GDP per capita, or GNP per capita.
Inequality of wealth is the gap in income between
a country's richest and poorest people. It can be
measured in many ways, (eg the proportion of a
country's wealth owned by the richest 10 per cent
of the population, compared with the proportion
owned by the remaining 90 per cent).
18. Cont………
Inflation measures how much the prices of goods,
services and wages increase each year. High
inflation (above a few percent) can be a bad thing,
and suggests a government lacks control over the
economy.
Unemployment is the number of people who
cannot find work.
Economic structure shows the division of a
country's economy between primary, secondary
and tertiary industries.
19. Cont………
Demographics study population growth and
structure. It compares birth rates to death
rates, life expectancy and urban and rural
ratios.
The birth rate in the UK is 11 per 1,000,
whereas in Kenya it is 40.
20. Economic Indicators of
Development
GDP
GNP
PPP
Economic structure (types of job)
Inflation
Unemployment
Economic growth
Educational profile (qualification of labour)
21.
22. Taxes
1.Tax is imposes by the Government on citizen of the
State.
2.It is a compulsory payment to be made be the
citizens to the State.
3. Tax is levied on income as well as on expenditure
of the individual.
4. There are two kind of taxes Viz direct and indirect
tax.
5. The rate of tax varies. It may be progressive
proportionate and regressive in character.
6. Tax collected by the Government is spent to meet
administrative and defence expenditures. Small
amount of tax is spent for the welfare of tax-payer.
7. This imposed on a person is subject to revision. It
can be waived by the government.
23. Budgets
A government budget is an annual financial
statement presenting the government's
proposed revenues and spending for a
financial year that is often passed by the
legislature, approved by the chief executive or
president and presented by the Finance
Minister to the nation.
24. Agriculture
Pakistan is the third largest exporter of rice in
the world and producing enough food grains
to feed its people
Pakistan is also one of the five major textile
producing countries in the world.
Pakistan also produces third largest quantity
of milk in the world.
25. Manufacturing and Industry
Manufacturing and industry now account for
25% of the income; when we recall there was
not even a single industry worth its name at
the time of partition.
So if we look where we were and where we
are, I think the justification for Pakistan in
terms of betterment of economic conditions of
Muslims in this part is very strong.
But, we have not lived up to our potential. We
can do much better than this.
26.
27.
28. Quiz Time
_____________ is the study of how a society uses scarce
resources to produce and distribute goods and services.
________________ are the inputs available to supply goods
and services in an economy.
An ______________ is the method used by the society to
produce and distributes goods and services by utilizing
factors of production.
An economic system in which the factors of production are
owned and operated either by the government itself or by
the private sector under strong government control. It is
called as _________________
____________________ is the founder of Communism
philosophy.
An economy where the government owns certain industries
but others are owned by the private sector is called
__________________________
29. Quiz Time
The economy is an _________________ of development
and sustainability.
__________________ is a qualitative term as it indicates
continuous increase in the real national income and
structural changes in the economy of a country.
___________________ refers to the ability of a nation to
improve the lives of its citizens.
__________________measures how much the prices of
goods, services and wages increase each year.
______________is imposes by the Government on citizen
of the State.
_________________ is the third largest exporter of rice in
the world and producing enough food grains to feed its
people
PCEC stands for ________________________
30.
31. Challenges to Pakistan’s
Economy
We Import More and Export Less.
We Consume More and Save Less.
Government Spends More than it Earns as
Revenues
Our Share in the World Trade is Shrinking
We Face Energy and Water Shortages
Crisis of Governance and Implementation
Weaknesses
Political Stability, Law and Order/Security
32. ECONOMIC PROBLEMS OF
PAKISTAN
Poor Utilization Of Resources
Unequal Distribution Of Wealth
Poor Fiscal Policy
Corruption
Poverty
Unstable Government
Money Laundering
Shortage Of Skilled Workers
Wastage Of Economic Resources
By Terrorism Activities
33. Solutions to improve the
economy
Change in National Psyche and Mindset.
We as a nation are too much negative oriented
and too much cynical where we find everything
wrong in this country.
Unless we change our mindset and unless
everybody who is doing what he is supposed to
do, carries out his or her task with sincerity and
honesty, we are not going to go anywhere.
34. 2. Building up of Human Capital.
There is no substitute to building up human capital.
Private sector, public sector, NGOs, local communities
etc, all here to put their hands on deck and participate
in making sure that every child goes to school. Every
high school graduate has some technical and
vocational skill or goes for higher education.
Unless we build up human capital, we are just going to
be left behind because the world economy is going to
be a knowledge based economy.
Pakistan lags behind other countries in the institutions,
infrastructure and incentives for human capital
formation. We have no choice but to accelerate the
pace to catch up with others.
35. 3. Use of Technology.
The technology is spreading like a wild fire. 95 million
Pakistanis have mobile phones today. We can use this
technology in order to provide them banking services,
information on climate/weather, agriculture extension,
health, education etc. It is a powerful tool which can
leapfrog a lot of time which we have wasted.
Using technology particularly the
information/communication technology for the
betterment of social and economic problems of
Pakistan is something which needs to be done.
36. 4. Young Labour Force
Pakistan is one of the few countries which has a young
labour force which can be harnessed for its own and
global economy.,
Japan, Europe, USA and after 2050 China are going to
have aging population where the ratio of old to young
people is going to increase. India and Pakistan are two
countries where the ratio of younger people to the older
ones is going to increase. If we tool these young men
and women properly, we increase the female labour
force participation, give them skills and knowledge, they
can become the labour force for the rest of the world.
This will give a big boost to Pakistan’s own economy.
37. 5. Governance, Devolution and
Decentralization.
As the population is increasing, one cannot govern
Pakistan sitting in Islamabad, Karachi, Lahore, Peshawar
or Quetta. One has to devolve powers, decentralize and
delegate authority, provide resources to the local/district
governments so that they can take decisions at their own.
Sitting in Islamabad one cannot visualize what is needed
in rural areas, but the people in rural areas know exactly
whether they need water, fertilizers or fruit processing
industry. Let us devolve powers to the people at the
grassroots level and there would be much better
allocation and utilization of resources. There must,
however, be accountability of the local governments by
the provincial governments and of provincial governments
by the federal government but not interference or
usurpation of powers.
38. Conclusion
Pakistan and its people has a lot of potential
and we are blessed with a whole lot of natural
resources.
If the government plans wisely, and the
people work hard, the economy of Pakistan
can be taken to a whole new level.
39. Cont…….
We need to provide employment opportunities
for young people and to train them in the kind
of the skills which are needed not only by the
national economy but also by the international
economy.
The moral is, that the government and every
individual in the system needs to play their
part to help in the economical progress of the
country