Scarcity project

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miko0421

SCARCITY By: AJ Par, Miko Isoola , Sungwon Hong

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We all know that economics is a social science, which deals with production, distribution and consumption functions. It is all about making choices regarding the allocation of scarce resources, so as to make their best possible use and satisfy human wants and needs. From economics point of view While needs point out the something you must have for survival, wants refers to something which is good to have, but not essential for survival For the purpose of spending and saving money wisely, every person must know the difference between needs and wants.

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This is a quick Introduction to Grounded Theory. Warning: contains swear/curse words which some people may find offensive. So if anyone is studying, and trying to use something called "Grounded Theory", and would like an introduction instead of reading a ton of books and getting boggled (although you should still read a ton of GOOD books and papers on the subject!), I've developed a fun introduction to Grounded Theory. Featuring: babies, cats, Hermione and Daniel-san. ENJOY! ‪ Why was this created? As a Phd student using Grounded Theory, my Director of Studies was interested to see how I am understanding Grounded Theory, from papers and books I have read in the area. So I produced this presentation to translate and communicate my knowledge and then I thought, "why not share this with my fellow PhD students??" This presentation is not a formal part of my PhD and is not endorsed by my University. When was this presented? This has never been formally presented, but I made this in July 2015. This presentation has NOT been endorsed or supported in any way by the University of Winchester, any of its staff or affiliates.

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Ashley Waddy English 112 November 23, 2015 Poverty 2 What I Know, Assume, or Imagine Poverty is the state of lacking something. Personally, I view poverty as the lack of ability in monetary terms. This is conveyed about by, one being declared bankrupt or unemployment or even one being lazy. These factors have led to people reoccupying their households and dwelling in the slums. Not everyone though, who lives in the slums is poor and not everyone who also lives well is rich. From what I have learned, everyone who lives below one Dollar a day is poor.The Search According to the dictionary, poverty is the state of lacking a social or common acceptable amount of material possessions or money. World Bank describes poverty as a deprivation of one’s wellbeing which comprises many dimensions. This is the inability of acquiring the basic goods and services and low incomes Also, poverty girdles inadequate security, lack of a voice or say, low opportunity and capacity to better one’s livelihood, poor access to sanitation and clean water, and low levels of education and health. Poverty is measured as either relative poverty or absolute poverty also known as extreme poverty. The Copenhagen Declaration focuses only on absolute poverty. Absolute poverty is the condition brought about by severe lack of basic human needs. These are food, clothing, shelter and security. Education, health and information are also included. Absolute poverty is the state where one lives below one Dollar a day and relative poverty is the state by which one lives below two Dollars a day. Relative poverty on the other hand is the state in which an individual lives within a society. This varies in most countries, but as stated above, anyone who lives below two Dollars a day is termed to be relatively poor. According to a survey conducted by the World Bank Development Indicators in 2008, 12% of the world’s population are extremely poor. This means that these people live below one Dollar a day. 8% of the same population lived on 1.25 Dollars a day, 6% at 1.45 Dollars and 14% at 2 Dollars a day. This means that 28% of the world’s population are relatively poor. Generally, less than 80% of the population live below 10 Dollars a day. The main causes of poverty around the World are, bad government policies, lack of individual responsibility, power and influence among businesses and exploitation of people. There are more factors like, agricultural cycles, warfare, natural disasters, power centralization, corruption and environmental degradation. However, each of the causes above has a solution. In agricultural cycles, there are people in many parts of the world who rely solely on agriculture as their source of wealth and basic commodities. Normally, all consumption commodities will rely on the agricultural cycles. Take an example of fruits and vegetables. For the families who rely on these commodities, there are periods wh ...

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