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To help you understand how saving and investment are related, let's consider an economy with no government sector and no foreign trade. In this simplified economy, consumers and business firms purchase all output. In other words, output can be used for consumption (by consumers) or investment (by firms). Income that is not used for consumption is called saving
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What is a Good financial system?
the financial system plays a very vital role in the economy and society. it holds the funds for investment, business and development. to the poor countries, money is the life-blood of the economy. and yet it is very scarce and very precious. most of it comes from foreign investments and foreign loans. the Central Bank which is the leader of the financial system has been entrusted with the very great responsibility of promoting monetary stability and economic growth for the whole country.
What is credit and how is it useful?
Credit refers to the ability to borrow money or access goods and services with the promise to pay later. It is useful as it allows individuals and businesses to make large purchases, invest in opportunities, and manage cash flow effectively. Good credit can also lead to lower interest rates and better loan terms, making it easier to finance major expenses like homes or education. Ultimately, credit plays a crucial role in facilitating economic transactions and fostering financial growth.
The Economic and Social Council of the United Nations?
The Economic and Social Council (ECOSOC) is one of the six main organs of the United Nations (UN), established in 1945 by the UN Charter. Its main responsibility is to promote international economic and social cooperation and development. ECOSOC is composed of 54 member states, elected by the UN General Assembly for three-year terms. It meets annually in July for a four-week session in New York City, and also holds shorter meetings throughout the year as needed. ECOSOC coordinates the work of various UN specialized agencies, regional commissions, and functional commissions, and serves as a forum for discussing international economic and social issues. ECOSOC's work is guided by the UN's development agenda, including the Sustainable Development Goals (SDGs) adopted in 2015. It works to promote sustainable economic growth, reduce poverty, and address issues related to health, education, gender equality, and the environment, among others. Overall, ECOSOC plays an important role in promoting international cooperation and development and is a key component of the UN system. My recomondations: 𝕙𝕥𝕥𝕡𝕤://𝕨𝕨𝕨.𝕕𝕚𝕘𝕚𝕤𝕥𝕠𝕣𝕖𝟚𝟜.𝕔𝕠𝕞/𝕣𝕖𝕕𝕚𝕣/𝟛𝟟𝟚𝟝𝟟𝟞/𝕄𝕒𝕣𝕧𝟠𝟚𝟡/
Explain the relationship of finance in various department of an organisation?
Finance plays a crucial role in various departments of an organization by providing the necessary funding for operations, investments, and growth. The finance department manages the budgeting, financial planning, and analysis that support decision-making across all departments. Additionally, finance collaborates with departments such as marketing, operations, and human resources to ensure financial goals align with overall organizational objectives. Ultimately, the effective integration of finance across departments helps optimize resources, mitigate risks, and drive sustainable growth.
What is the role of stock?
The role of stock in a company is to represent ownership and provide a means for raising capital. By issuing shares, companies can attract investment to fund growth and operations. Stock also allows investors to participate in the company's profits through dividends and potential capital appreciation. Additionally, stock plays a crucial role in market liquidity, enabling investors to buy and sell ownership stakes easily.
What can a nation do to increase its economic growth?
Economic growth can be achieved by profitable businesses, consumers making purchases and an even production rate and consumer rate also plays a role.
What is the role of a captial good in the production process?
A capital good is a tool or equipment used in the production process to help create goods or services. It plays a crucial role in increasing efficiency and productivity, ultimately leading to higher output and economic growth.
Describe the trends of agriculture growth in india since independent?
The agricultural growth in India has become about 50% of the counties marketing since having independence. India developments go to food, savings, labor and trading goods.
What is the significance of entrepreneurship in economics, and can you provide an example of how it drives innovation and economic growth?
Entrepreneurship plays a crucial role in economics by driving innovation and economic growth. Entrepreneurs create new products, services, and business models that can disrupt industries, create jobs, and stimulate economic activity. For example, companies like Apple, founded by Steve Jobs and Steve Wozniak, revolutionized the technology industry with products like the iPhone, leading to significant economic growth and job creation.
What is the important of Philippine tourism?
Tourism is important to Philippines as it plays a major role in the economic growth of the country. This also provides different jobs for the Filipinos.
The process of cell division that results in growth and repair is called?
The process of cell division that results in growth and repair is called mitosis. During mitosis, a parent cell divides to produce two identical daughter cells, each with a complete set of chromosomes. This crucial process plays a key role in tissue growth, repair, and maintenance in multicellular organisms.
Achievements of economic planning in India?
the principle need of planning in underdeveloped countries like india is to increase the rate of economic development.it means increasing the rate of capital formation by raising the levels of income,saving and investment:-)»»
What do economists mean by the term "capital" and how does it impact economic growth and development?
Economists define "capital" as assets like machinery, buildings, and money used to produce goods and services. Capital plays a crucial role in economic growth and development by increasing productivity, creating jobs, and attracting investment. More capital leads to higher output and income levels, ultimately driving economic progress.
What is the role of communication in industrial growth?
industrial growth is like a buisness growth communication plays a very important in IT. exchange of ideas, sentiments and knowledge is done through communicationTo improve your business or need to shine in any industry, communication plays a major role. Communication is one of the basic functions of management. It is a process of transmitting information,...
What is role of communication for industrial growth?
industrial growth is like a buisness growth communication plays a very important in IT. exchange of ideas, sentiments and knowledge is done through communicationTo improve your business or need to shine in any industry, communication plays a major role. Communication is one of the basic functions of management. It is a process of transmitting information,...
Who is the star of Saving Private Ryan?
Saving Private Ryan's protagonist is Tom Hanks, who plays John H. Miller.
What does the T stand for in macroeconomics?
In macroeconomics, "T" often stands for "taxes." It represents the government's revenue from taxation, which plays a crucial role in fiscal policy and overall economic activity. Changes in tax rates can influence consumer spending, investment, and economic growth.
