Relationship Between the Government and the Private Sector

June 30, 2016

Why is there a need for government intervention in the market? Basically, there are two reasons: social efficiency and equity. Social efficiency occurs at an output where social marginal benefits are equal to the social marginal costs of production or consumption. Governments are pressured to provide a fair distribution of resources among their people but it is quite subjective for the issues of equity. Taxes and subsidies are used to regulate market efficiency. Taxes can reduce a monopolist’s profits without affecting price or output and subsidies can help the monopolist to produce a competitive level. Laws can also be established to prevent monopolies and oligopolies and offer consumer protection.

The government intervention in the market can create positive or negative results. Countries with business-friendly governments have generally performed better than countries where this relationship between government and business has suffered. These business-friendly countries have responded more positively to pro-growth policy … Read More

To What Political Party Did Abraham Lincoln Belong?

June 30, 2016

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| general

Barack Obama is a Democrat. Most people know this. What many people may not know is that the man Mr. Obama looks to for the most political (and now presidential) inspiration and guidance was a…. Republican!

That’s right. Barack Obama’s hero, Abraham Lincoln, was a Republican. Lincoln wasn’t just any ole Republican either. He was among the founders of the Republican Party and was the first Republican to be elected President.

The Republican Party was founded in 1854 in Ripon, Wisconsin. Its principal goal was to stop the expansion of slavery into the western territories. Lincoln had been involved with the Whig Party, which was disintegrating due, in large part, to sectional rivalries. Since Lincoln was personally opposed to slavery, he found the Republican Party platform much to his liking.

The first Republican to run for President was John C. Fremont, and that was in 1856. But Fremont’s appeal was … Read More

What is Due Process? Basic Rights and Fundamental Fairness

June 29, 2016

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| government, law, society

You may hear the phrase “due process” in the media whenever a prominent criminal case is in the news, but where does it come from and what does it really mean?

Where is Due Process Found

Due process is a constitutional principle that our government must follow before it may take a person’s freedom or property. The 5th Amendment states, “nor shall any person be subject for the same offense to be twice guarantees due process from the federal government, stating no person shall “be deprived of life, liberty, or property, without due process of law.” The states are required to provide due process because the 14th Amendment states, “Nor shall any state deprive any person of life, liberty, or property, without due process of law.”

What is Due Process

A simple definition means due process requires notice and an opportunity to be heard before adverse action is taken against … Read More

What Are the Different Features of Complaint Letter Sample?

June 29, 2016

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| government

Need for drafting a complaint: There are many scenarios in which you may be required to lodge a complaint against any individual or an organization. Such scenarios may arise when you receive a poor quality product or there is any deficiency in the services of the service provider. It is quite possible that you are harassed by a government employ on one pretext or the other. In such situations, you would need to send a complaint letter to a representative of the company or the concerned government department.

How to use a complaint letter sample: When you need to draft a complaint you can take the help of a complaint letter sample. It would be separated into relevant sections such as address and designation of the person to whom you are sending the letter, subject and salutation etc. You would find that it would be available in different formats which … Read More

Insurance In Tort Laws

June 29, 2016

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| government, law, society

INTRODUCTION

This project has been an eye opener for me. It is extremely relevant to the modern times and as the future of India we should understand that it is the common mass that runs the country. Consumer protection rights are an important issue in modern days. The law can be effectively used to stop any abuse of the common people especially illiterate masses who do not understand the rules and regulations which is to be followed while buying particular item. It is law, the controller of the entire society which can stop this abuse from taking place. It can place effective standards guiding a product’s genuinity and the proper verification of its price. No extra taxes should be issued according to the seller’s wish. I have proceeded by referring to the books written by Avtar Singh, Venkat Rao and others. It has been a wonderful and educational delight in … Read More

Applying For a Government Job – How to Nail Your Cover Letter For Positions With Selection Criteria

June 29, 2016

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| government

Applying for a government job is a bit like doing a jigsaw puzzle. It’s sometimes difficult to work out how to fit the pieces together to create the right picture. Many organizations require you to complete a Cover Form or Application Form, so do you need to supply a cover letter as well?

YES, you do!

This is because a cover letter provides another opportunity to ‘sell’ yourself. It provides the chance to highlight your achievements and show the employer how your experience and skills can help them to achieve their goals.

Here’s an easy step-by-step guide for writing a cover letter for a role that includes selection criteria:

Put the job title and vacancy reference number under the date in bold, e.g. Re position: Customer Service Officer (A03) VRN: 335/06.
Find out the name of the person who will be reading your application and personally address your letter, checking that you have

How Has Mythology Shaped Society?

June 28, 2016

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| society

From the dawn of time, people from all countries have invented their own deities and myths. These legends were often handed down from one generation to the next, until the invention of the written word. Once the written word was invented, it was far easier for people to keep record of their deities and the many heroes that went on quests, and mythology involved into something far more interesting and personal for all societies. Gods gained their own personalities and agendas, heroes went off on epic quests, and from the mind of the authors, entire worlds were invented. Myth and legend had been tied in to life back in the days of yore, and to this day, it still plays a very important role in society.

The days of the week are in fact named after the Norse gods, each of whom had a day dedicated to them, even though … Read More

The Importance of Cosmetic Surgery

June 28, 2016

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| society

Cosmetic surgery is one of the most beneficial and crucially medical procedures in the world. This is giving somebody a second chance to look normal or gain their normalcy and in many cases to be more beautiful. People have the choice to get rid of that their birth feature and get a new look. The society has changed and accepted the fact that one can undergo physical makeover.

Millions of people all over the world have discovered these new procedure, most of them have permanent damages to some parts of their bodies. With the realization of this procure; it gives them hope to know that they can get a life changing experience. Physical deformities can affect somebody psychological and even emotionally. Some traditional societies tend to separate those children or adults who have been born with certain abnormalities on their bodies; they become outcasts in a society. It is a … Read More

New Government Accounting System In The Philippines (NGAS)

June 28, 2016

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| government

Introduction

Accounting is an effective tool of management in evaluating the performance of the different agencies of government. The performance of the public managers would depend at most, on financial reports generated by the use of accounting systems.

Cognizant of this need, a new accounting system needs to be developed that would help the different agencies to hit on financial targets, and at the same time be understood by all users of financial reports.

With this new development, the Commission on Audit (COA), under the new 1987 Constitution, promulgated the New Government Accounting System in the Philippines (NGAs) for use by all government agencies.

The shift to NGAs was made in response to the following need:

1. Adoption of an accounting system that is in conformity with the International Accounting Standards.

2. Computerization of the accounting systems to generate reports that will be easy to understand by the general public.… Read More

Nevada Drug Possession, Sale and Trafficking Laws

June 27, 2016

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| government, law

The impact for a drug conviction can be severe for misdemeanor and felony offenses in Nevada. With the widespread use of background checks, a conviction can shut many doors for future employment opportunities. Certain fields may be especially thorough with background checks and will disqualify individuals with drug convictions. This includes many healthcare fields, law enforcement agencies, and other government bodies. Given what is at stake, it is important to understand the Nevada drug laws, even if you are being represented by a defense attorney.

Currently, Nevada laws severely punish individuals arrested for possession, manufacturing, cultivation and trafficking of illegal drugs. Commonly used drugs in this list include cocaine, heroin, opium, LSD, ecstasy and a variety of other narcotics. Chapter 453 of the Nevada Controlled Substances Act defines the schedule of drugs, offenses and penalties in the state. Some of the defined offenses are:

NRS 453.316 – Maintaining a place

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Bibliolimpo

Month: June 2016