What are merit goods? A merit good is a good which when consumed provides external benefits, although these may not be fully recognised – hence the good is under-consumed. Examples include education and healthcare. As can be seen, when a merit good is consumed it generates positive externalities. What are merit and non merit goods? […]
Who made up the upper class?
Who made up the upper class? In the United States, those who lived—and continue to live—in leadership roles in society are often considered part of the upper class. These are people whose status has been passed down through generations. According to a 2018 study by Pew Research Center, 19% of American adults were part of […]
What is cash or accrual?
What is cash or accrual? The difference between cash and accrual accounting lies in the timing of when sales and purchases are recorded in your accounts. Cash accounting recognizes revenue and expenses only when money changes hands, but accrual accounting recognizes revenue when it’s earned, and expenses when they’re billed (but not paid). How do […]
How do you explain mainstream?
How do you explain mainstream? Mainstream describes what’s viewed by most people in a society as “normal,” like the mainstream view that everyone should get married, move to the suburbs, and have children as soon as they can. Something that’s mainstream is conventional, or the usual way of doing things. What is mainstream popularity? Mainstream […]
Who is a best singer in the world?
Who is a best singer in the world? MOST FAMOUS SINGERS IN THE WORLD RIGHT NOW Source: vagabomb. BEYONCÉ Source: vogue. SELENA GOMEZ. ED SHEERAN. Ed Sheeran made his mark in the music industry with his debut album + (pronounced “plus”) released in 2011 and since then has become one of the world’s best-selling music […]
What is the word for something that is bound to happen?
What is the word for something that is bound to happen? If something is inevitable, it will definitely happen, like death or tax season. Inevitable comes from the Latin word inevitabilis, which means unavoidable. If you say something is inevitable, you give the sense that no matter what scheme you come up with to get […]
How many universities are in Bayelsa?
How many universities are in Bayelsa? Four universities Is Bayelsa Medical University a private university? Bayelsa Medical University (BMU) is a Bayelsa state-owned university located in Yenagoa. And, fully accredited by the National Universities Commission to offer degree courses in the health profession. How many universities are in Rivers State? Six universities How many local […]
What are the phases of a crisis?
What are the phases of a crisis? There are six stages within every crisis: (1) warning; (2) risk assessment; (3) response; (4) management; (5) resolution and (6) recovery. What are the 4 phases of crisis management? Four Phases of Crisis Management Mitigation. Preparedness. Response. Recovery. What is the last stage in effective crisis management? Resolution […]
How do we fix the tragedy of the commons?
How do we fix the tragedy of the commons? One possible solution is top-down government regulation or direct control of a common-pool resource. Regulating consumption and use, or legally excluding some individuals, can reduce over-consumption and government investment in conservation and renewal of the resource can help prevent it’s depletion. Why does tragedy of the […]
What is a social constructivist epistemology?
What is a social constructivist epistemology? Social constructionists acknowledge the social nature of human life, while at the same time it encourages individuals to tell their own stories. These underlying assumptions of social constructionism form the epistemological basis for the present study. Why is social constructionism important? A major focus of social constructionism is to […]