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Environmental economics
Ecological Economics Conventional and ecological economics Ecological goods and services Use of renewable resources by humans Ecologically sustainable systems Resources Conventional and ecological economics Economics is a social science that examines the allocation of scarce resources... Read more |
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Fixed assets
Physical Capital BIBLIOGRAPHY Capital is a contested concept and thus its components are contested. Physical capital generally refers to plant and equipment, while financial capital refers to money. The first is a matter of physics and biology. The latter is an understanding among people... Read more |
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Allocation
ALLOCATE In economics, the idea of allocation is directly related to the ideas of demand and scarcity. Generally speaking, consumers' demands usually exceed the resources that society has available to satisfy those demands. Moreover, western economists largely agree that while people's desires are,... Read more |
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Consensus
ConsensusI. The Concept of ConsensusEdward ShilsBIBLIOGRAPHYII. The Study of ConsensusLewis LipsitzBIBLIOGRAPHYI THE CONCEPT OF CONSENSUSConsensus is a particular state of the belief system of a society. It exists when a large proportion of the adult members of a society, more particularly a large... Read more |
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Special Drawing Rights
Special Drawing Rights (SDRs), type of international monetary reserve currency established (1968) by the International Monetary Fund (IMF). Created in response to worries concerning the limitations of gold and dollars as the sole means of settling international accounts, SDRs are designed to... Read more |
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Consumer
Consumer BASIC THEORY OF THE CONSUMER ALTERNATIVE APPROACHES APPLICATIONS EMPIRICAL ISSUES CRITICISMS AND DEVELOPMENTS BIBLIOGRAPHY The consumer plays a central role in mainstream economic analysis. This analysis explains economic behavior in terms of individual optimization, and the... Read more |
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Resource allocation
RESOURCE ALLOCATION IN HIGHER EDUCATION Institutions of higher education–be they large public universities or small private colleges–are not homogeneous organizations. Because of differing missions, goals, programs, histories, traditions, laws, and explicit procedures, they obtain... Read more |
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International Bank for Reconstruction and Development
International Bank for Reconstruction and Development (IBRD), specialized agency of the United Nations, with headquarters at Washington, D.C.; also called the World Bank. Plans were laid at the Bretton Woods Conference (1944) for the formation of a world bank; it was formally organized in 1945,... Read more |
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Business Plan
Business Plan A business plan is a written document used to describe a proposed venture or idea. It typically includes the current state of a business, future vision for the business, target market analysis and challenges, sales and marketing strategies, and funding requirements to reach stated... Read more |
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interservice rivalry
Rivalry, Interservice. Clearly, the chief adversary of a nation's army should be another nation's army. But in practice, it often seems that the chief adversary of a nation's army is that nation's own navy or air force, and vice versa. Military services engage not only in international rivalry but... Read more |
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