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What basis is used when households make decisions on how much time should be allotted to market and non-market activities?
Households allocate time to market and non-market activities based on a cost-benefit analysis, weighing the potential income from market activities against the value of leisure or household tasks in non-market activities. Factors influencing this decision include individual preferences, opportunity costs, and available resources. Additionally, external factors such as wage rates, job availability, and family responsibilities play a significant role in shaping these choices. Ultimately, households aim to maximize their overall utility by balancing their time between earning income and fulfilling personal or familial needs.
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What were the apaches economic characteristics?
Apaches economic has many different characteristics. Some of the characteristics are located in a few places, allotted in severally under the General Allotment and became citizens of the new state of Oklahoma and the US.
What are the three largest in dollars federal transfer payments for the united states?
The New EnglandÊ area pays the largest tax payments per capital, while other states scattered, second with $13,950 per capita allotted followed by the third state. The third rank would be Virginia at $16,610, the payments measures to strengthen the United States payment mechanisms to increase processing.
What is the differences between agenda and objective?
ObjectivesAn objective tells a participant HOW they are going to reach their end goal and it should always start with an action word. Objectives should be measurable.AgendasAn agenda is WHAT you'll be talking about. Your agenda is basically an outline of your subject matter. It doesn't have to include specific times, just what you plan to cover between the beginning and end of the time allotted. Agendas can be as detailed, or as general, as you would like.Article Source: http://EzineArticles.com/7161611
Why are Americans more willing to tolerate economic equality than political equality?
After having lived all over the United States, traveled extensively internationally and having worked at one of the biggest investment banks on Wall Street, I can tell you that most Americans refuse to see the truth of their/our dire situation. They refuse to see the systematic destruction that is being inflicted upon the middle and poor classes in this country by Wall Street and CEOS and big corporations in general. There has always been a class war being waged against the poor in this country and now the rich elite are waging war against and destroying the middle class. But your question is wrong. It is Americans' very willingness to tolerate political inequality in our flawed campaign finance system that only allows millionaires to enter the race, that has led to our disastrous third-world-levels of economic inequality. While in other countries I have learned that they have campaign finance funds, a set amount allotted to each candidate to run their campaigns. This allows people from all walks of life to be able to afford to participate in the political system of their own country, not just the millionaires. America needs campaign finance reform immediately. I only hope it is not too late for this country. Although I see it sliding closer and closer toward third world status everyday. While at the investment bank, I heard managing directors say with distaste in their voice "well, at least THOSE PEOPLE" got to live in a nice home for a little while" while talking about the unfortunate Americans who have lost their homes. And guess who "those people" are? Yep! That would be all us poor and middle class Americans who are NOT millionaires. And Americans still let these people run their country! It is truly quite unbelievable. Middle class Americans vote against their own interests, the wealthy elites do NOT. You can bet they're going to make sure their buddies, the other millionaires get and stay in office. In the meantime, the corporations will keep the poor and middle classes too exhausted from working their three jobs to be able to actively participate in the running of their own country. And to answer your question, we Americans have been sold a bill of goods that if we work hard enough we will succeed and become one of those wealthy elites...one day. That may have been true for my grandparents generation, The Greatest Generation, but what that generation also had was the complete lack of competition. They lived in a world where the rest of the world was still decimated by World War II. But now the world has caught up with us and we have absolutely no idea what is happening, what to do about it or how to help ourselves. Working hard and getting something in return for that hard work is no longer the case and it is the unwillingness to let go of that fairytale that will finally destroy the middle class and ultimately, America itself. We also need to take an example from the CEO of Costco. He never pays himself any more than a certain percentage of his lowest paid employee. That is what Americans need to demand for themselves from their employers. How much money is enough for the top guy? A country that has all the money pouring into just one pocket will surely fail. Fair wages and salaries are the true trickle down economics and true spreading of the wealth.
Economic Planning role in the Process of economic development?
Economic planningrefers to any directing or planning of economic activity outside the mechanisms of the market. Planning is an economic mechanism for resource allocation and decision-making held in contrast with the market mechanism. Most economies aremixed economies, incorporating elements of market mechanisms and planning for distributing inputs and outputs.[1] The level of centralization of decision-making ultimately depends on the type of planning mechanism employed; as such planning may be based on either centralized or decentralized decision-making.[2]Economic planning can apply to production, investment, distribution or all three of these functions. Planning may take the form of directive planning or indicative planning. An economy primarily based on central planning is a planned economy; in a planned economy the allocation of resources is determined by a comprehensive plan of production which specifies output requirements.[3]Objectives of Economic PlanningPlanning is adopted only in Socialistic and Communist countries and also in Mixed Economy1. Planning decides in which direction the Country should go.2. How much resources should be allotted to each sectors3. How much to be produced for the present and future periods.4. Planning helps the country to achieve what it can achieve in decades if it is left to natural transformation.5. Planning helps to use the maximum utility of the scarce resources6. Planning is headed by central committee and it decides the periods to be adopted for planning7. Even in capital countries where such strict formalities is not adopted they still decide plan ahead for the country1. Increase in the Rate of Economic DevelopmentOne of the most important objectives of Economic Planning is to increase the rate of economic development. Capital formation should be carried out. Infrastructure facilities should be extended and social overhead such as education, technical training and health facilities should be increased. Planning in Pakistan should be done keeping in mind that country is populous and there are too many people looking for jobs, hence labor intensive projects should be given priority, which will absorb labor force and employment opportunities will increase. Increase in employment will increase national income and per capital income. Standard of living of people will raise and rate of domestic savings will increase.2. Diversification of EconomyAll sectors of economy should be given proper importance. No sector of economy should be neglected. Pakistan is an agrarian country, the development of industry of Pakistan depends upon agriculture, therefore more emphasis should be given to agriculture. Since population is too much and it is further increasing at a fast rate, therefore production of food grains should be increased.3. Price StabilityIncrease in price level hits the poor and fixed income people very much, whereas decrease in price reduces profit margins of the businessmen, which causes reduction in investment. One economic planning is to maintain the price stability. Through planning equal distribution of national wealth be made. The society should not be divided between "Haves and Have-nots"4. Higher Standard of LivingEconomic Planning should ensure that good education; technical training and better medical facilities are available to all the people of the country. Every one should be provided a reasonable accommodation. Thus policy should standard of living of the masses.5. Improving Balance of PaymentsAll out efforts should be done under planning that balance of payments continues to improve. Export oriented and import substitutions industries should be given importance. Luxurious goods should be banned and small and agro-based industries should be given concessions and facilities. Imports should be reduced and export increased, in order to improve foreign exchange earnings. Dependence on foreign aid and grants should be curtailed.Read more
What is allotted share capital?
Allotted share capital is that amount of shares which are allotted to general public after initial offering for purchase of shares.
What is the past tense of the word allot?
Like allotted? As in, "I allotted too much time to answer this question?"
What is allotted?
Allotment means the action of allotting something or an amount of something allotted to some one.
What is a synonym for allotted?
pooing
What were the number of balls and strikes allotted to a hitter in 1884?
Batters in 1884 were allotted seven balls and four strikes.
What is allotted only one representative?
i
What is he synonym for the word allotted?
Assign
What is a sentence with alloted?
each of you are alloted a paper. Make sure you use it.
What are some synonyms for the term 'allotted'?
Some of the synonyms for "allotted" that can be found in the thesaurus include: allocated, appointed, apportioned, appropriated, earmarked, and designated.
Are there fifty alderman in Chicago?
That is the allotted number.
What does allotted span mean?
Allotted span refers to the designated or assigned period of time given for a particular task, activity, or project. It represents the timeframe within which specific objectives should be achieved or completed. This concept is often used in project management, scheduling, and time management to ensure that activities are organized efficiently and deadlines are met.
What preposition the verb allot uses?
To. For example, "we were allotted the scenic property along the lake" may be restated as, "the scenic property along the lake was allotted to us."
