Privatisation Study guides, Class notes & Summaries

1.The best Example of capital intensive industry in India is- (A) Textile industry (B) Steel industry (C) Tourism industry (D) Spare goods industry correct answers (B) [S.S.C (10+2) 2011] Exp: Capital intesive industry are those industries which need large amount of investment in capital i.e. large investment in machinery and infrastructure. In the above industries, steel industry is best example of capital intensive industry in India. 2.The Removal of prohibitions and hindrance by government...

Ecs1601 assignment 2 2022 Q&AEcs1601 assignment 2 2022 Q&A 2.1 An appropriate government intervention in the economy … [1] is to encourage a monopolistic market that satisfies the aggregate demand for goods and services by the public. [2] is to get involved in the economic sectors where the private sector is producing goods and services more efficiently. [3] involves measures to correct market failure and provision of public goods and services. [4] has to do with taking income from th...

Ecs1601 assignment 2 2022 Q&AEcs1601 assignment 2 2022 Q&A 2.1 An appropriate government intervention in the economy … [1] is to encourage a monopolistic market that satisfies the aggregate demand for goods and services by the public. [2] is to get involved in the economic sectors where the private sector is producing goods and services more efficiently. [3] involves measures to correct market failure and provision of public goods and services. [4] has to do with taking income from th...

Item B Until the 1980s, most education was provided by elected local education authorities, directed and funded by central government. However, the 1988 Education Reform Act began the marketisation of education, aimed at raising standards by increasing parental choice and competition between schools. After 2010, there was a substantial move towards the privatisation of education through policies such as the growth of chains of academies run by private businesses. Some sociologists claim that th...

AQA Business: Summary of Key Terms EXAM QUESTIONS (223 TERMS) WITH VERIFIED DEFINITIONS UPDATED 2024 Mission statement Objective Profit Revenue Variable costs Fixed costs Private sector Corporate businesses Limited liability Not-for-profit business Public sector Privatisation Shareholders Dividend Market capitalisation Scientific decision-making Opportunity cost Intuition Decision trees Stakeholder Market share Brand loyalty Market research Primary research Secondary res...

Superpower - Answer Nation able to influence others, anywhere in world as a dominant force. Superpower factors - Answer Big economy, large military, influential culture, political power and resources. Soft Power - Answer Persuade others to follow a countries lead with use of policies. Hard Power - Answer Ability of a country/countries to use direct military force or economic power to force a country into submission. Smart Power - Answer Soft power used in a covert way ...

Macro Essay Plans Exam With 100% Correct Answers 2024 Evaluate the view that free-market supply-side reforms are beneficial to the UK economy [25] - correct answer-Supply side policies are the set of micro and macro government policies used to improve national economic performance by creating more competitive & efficient markets. Decrease NMW & benefits (reduced real wage unemployment), reduced income so increased incentive to work, increased labour supply, decrease wage costs, increase S...

Changing Economic World - Changing UK Economy Real Exam verified 100% What is the main specification point for 'Changing UK economy'? - correct answer-Major changes in the economy of the UK have affected, and will continue to affect, employment patterns and regional growth. Economic Change in the UK At the height of the industrial revolution in the mid-nineteenth century, the UK' economy was dominated by manufacturing, including shipbuilding and iron and steel. During the twentieth ce...

the political left correct answers - collectivism - interests of the wider community are superior to the interests of the individual - universal distribution of benefits eg health education - positive view on hn, people are social animals - promotion of equality, fraternity and freedom the political right correct answers - importance of the individual - flawed hn, need discipline - rejection of collectivism - role of the state should be limited - people should pursue their own goals ...

Business Concepts – FBLA Latest 2023 Graded A Business The organised effort of individuals to produce and sell, for a profit, the products that satisfy individuals' needs and wants. Business environment The surrounding conditions in which the business operates. It can be divided into two broad categories: internal and external. Business ethics The application of moral standards to business behaviour. Cash flow The money coming into the business in the form of cash receipts, and the money l...