The Modified Market Economy Essay Example for Free

The Modified Market Economy Essay What is a modified market economy? What factors have been responsible for the emergence of this kind of economic system? How do governments influence economic decision making in such systems? Use Australian examples to illustrate your answer. A modified market economy is a market economy in which there are varying amounts of intervention and property ownership by the government. The Australian economy would be classed as a modified market, as we have a certain degree of government intervention, and this is something we should feel lucky for in our country, because due to this we are able to experience the free, fair lifestyle which we enjoy. The emergence of this kind of economy is mainly due to weaknesses in the market economy which, with out regulation, becomes an economy mainly concentrated on the wealthy people. The basic reason for the modified market economy is that the free market does not produce an efficient allocation of resources, and that the free market does not distribute output in a socially desirable way. For example in a modified market, the government regulate the flow a income a bit so that not only the rich make money. In a market economy the rich get richer and the poor get poorer as there is no regulation in terms of income distribution. The intervention by the government, in forms such as social security nets, which is present in a modified market, makes society more evenly spread rather than everyone being one of two things, that is, very rich, or very poor. In such economies as these, the government influence economic decision making much to our advantage in terms of them providing many of the resources needed to satisfy collective wants, making restrictions upon what can and can not be done, in the interests of our health, the environment, impacts upon society etc. Through this they regulate much of the possible ?bad economic decisions that could be made. The Australian government does place some limitations on freedom of  enterprise, but generally encourages private business activity as it is an advantage to our whole economic growth in terms of employment etc. The Australian government also encourages the idea of fair competition. To keep the consumer choice less restrictive the government might not allow certain take overs that may limit the number of choices available to the consumer. Competitive prices that come from businesses are also good for the economy in general, for example if an Australian owned company, such as Uncle Tobys, can provide the same food as an American owned company at a competitive price, then consumers will tend to buy from the Australian company which keeps more our money in our country. Basically, the government intervention in economies such as ours, is all done to benefit our economy as a whole, to help even the distribution of income, to provide resource to help satisfy our unending collective wants. It is all done in an effort to make our countrys economy as efficient and all round satisfying, as possible. To make our country a prosperous and enjoyable place to live.

Malaria :: essays papers

Malaria Malaria is a potentially fatal illness of tropical and subtropical regions. The disease is caused by a parasite which is transmitted to human beings bitten by infected mosquitoes. The disease is widespread in Africa, and over one million people die of malaria every year on the continent. WHICH AREAS HARBOUR MALARIA? Within South Africa's borders the disease is encountered mainly in northern and eastern Mpumalanga, northern Kwa-Zulu Natal, and the border areas of the Northern and North West provinces. Considering South Africa's neighbours, malaria is also considered to be a threat to travellers visiting the lower lying areas of Swaziland, while it is encountered throughout Mozambique and Zimbabwe, and much of Botswana. Northern Namibia is also a malarious area. Within South Africa's borders, malaria transmission is at its highest during the warmer and wetter months of November through to April. From May through to October the risks of acquiring malaria are reduced. For a full size map and a list of game parks follow this link.(368K) HOW TO AVOID MALARIA Prevention of malaria relies upon adopting personal protection measures designed to reduce the chances of attracting a mosquito bite, and the use of appropriate anti-malarial medication. Both personal protection methods and anti-malarial medication are important, and neither should be neglected at the expense of the other. PERSONAL PROTECTION MEASURES Personal protection measures against mosquito bites include the use of an appropriate insect repellent containing di-ethyl toluamide (also known as DEET), the wearing clothing to conceal as much of the body as practical, sleeping under mosquito nets, and the spraying of sleeping quarters at night with a suitable pyrethroid containing insecticide, or the burning of an insecticide laden coil. If at all possible avoid being outdoors at night, when malaria carrying mosquitoes are more likely to bite. ANTI-MALARIA TABLETS (PROPHYLAXIS) There are a number of different types of anti-malaria tablets available. The exact choice of which to use depends both upon the particular area being visited, and the traveller's own medical history. Within South Africa's borders either a combination of chloroquine with proguanil, or Mefloquine (Mefliam) alone are the commonly used anti-malaria tablets. Chloroquine and proguanil are available without a doctor's prescription. Mefloquine (Mefliam) can only be obtained with a doctor's prescription. Because of the emergence of chloroquine resistant strains of malaria in South Africa, chloroquine should not be taken alone but should always be combined with proguanil. The adult dosage is two chloroquine tablets per week, starting one week before entering the malarious area. Proguanil may be started twenty-four hours before entering the malarious area, and two tablets must be taken every day. Both chloroquine and proguanil should be taken for four weeks after departing the malarious area, and both are best taken at

With Courage, One’s Life Is Ruled by Fear

Without courage, one’s life is ruled by fear. Discuss. Without courage, one’s life is ruled by fear. Fear is one of the most powerful emotions human beings know, it can motivate people to do incredible things. In the movie; â€Å"The Power of One† there are many that, due to the apartheid in South Africa and in the ignorant racism, lack courage. Courage is a quality that enables a person to look beyond the immediate danger and assess the possible outcomes in order to make the decision to act and achieve the desired outcome.The main character of ‘The Power of One’, P. K is sent to an Afrikaner boarding school because his mother suffers a mental breakdown. At the school, P. K is the only English boy, and seeing as the English drove the Afrikaners out of power in South Africa, they blame him for everything and P. K begins to wet the bed at night out of fear. P. K. confides in Nanny that he is wetting the bed. Nanny calls a medicine man that is said to, â€Å"make sick men well and scared men brave. The medicine man helps P. K. face his fears and overcome them. Nanny gives P. K. a chicken to take back to school, and P. K names the chicken, ‘Mother Courage’ this is a major symbol in the fact that it represents P. K’s courage and being able to overcome the fear of the other kids. P. K. gets sent to live with his grandfather who runs an Afrikaner prison. One of his grandfather’s friends Doc is asked to look after P. K. Doc is moved into a prison and P. K. goes with him and in prison P.K meets a man named Geel Piet who teaches him how to box and gives him strength, courage and power with his quote; â€Å"Little beat big when little smart, first with the head, and then with the heart. † The Afrikaner prison is riddled with fear from the African inmates towards the guards who beat them and treat them like dirt just to exert the authority given to them and to get across a point that whites are supreme co mpared to the blacks or considered a higher class of people. P. K gives the inmates courage to sing in their native language about the guards and how they no longer fear them.Geel Piet is confronted by a guard about what the inmates are singing about and just before the guard beats him to death, Piet musters the courage to stand up to the guard and be a free man. Without courage, one’s life is ruled by fear. Every one of us has courage in large amounts but it is squashed with those that are given unreasonable authority and fear an uprise. We all have courage, but sometimes it takes other people or influences such as, life threatening situations, for us to stand up and embrace the courage given to us. Without this, one’s life is ruled by fear. By Jarryd Mckellar.

Cognitive Intelligence and Emotional Intelligence in the...

STUDENT DETAILS ACAP Student ID: Name: Alex Mcloughlin Course: Bachelor of Applied Social Science ASSESSMENT DETAILS Unit/Module: Organisational Behaviour Educator: Mark Gerrard Assessment Name: Academic Essay Assessment Number: 1 Term Year: Term 2 2013 Word Count: 2092 DECLARATION I declare that this assessment is my own work, based on my own personal research/study . I also declare that this assessment, nor parts of it, has not been previously submitted for any other unit/module or course, and that I have not copied in part or whole or otherwise plagiarised the work of another student and/or persons. I have read the ACAP Student Plagiarism and Academic Misconduct Policy and†¦show more content†¦That is particularly true when the information in question consists of crucial but hard-to-take facts, the information that leaders may bristle at hearing— and that subordinates too often, and understandably, play down, disguise, or ignore. (Bennis, Goleman, OToole, 2008). With subordinates playing down information, the organisation suffers from not harnessing the complete potential of its individuals Cognitive Intelligence. Bennis, Goleman and OTooles views on organisational intelligence as an aggregate of many individuals combined Cognitive Intelli gence and Emotional Intelligence is no doubt the same reason modern organisations have been quick to pick up on the importance of Emotional Intelligence within organisations. When people combine together, if there are interpersonal conflicts or disagreements that prevent good ideas from being shared then the organisation may as well consist solely of the individuals who are being heard. It is only benefiting from a small pool of ideas. It is fascinating how the organisational level, reflects many of the individual concerns involving Cognitive Intelligence and Emotional Intelligence, â€Å"new thinking about intelligence breaks down the separation between mind, body, and emotions, recognising that cognition involves all of these† (Pearson 2012). Pearson supports the idea that Emotional Intelligence is yet another part of theShow MoreRelatedOrganisational Behaviour: Cognitive Emotional Intelligence2492 Words   |  10 PagesSTUDENT DETAILS [pic] ACAP Student ID: 196843 Name: Giuseppina Wolfram Course: Bachelor of Applied Social Science ASSESSMENT DETAILS [pic] Unit/Module: Organisational Behaviour Educator: Jacqueline Campbell Assessment Name: Academic Essay: Cognitive Emotional intelligence Assessment Number: 1 Term Year: Term 2, 2012 Word Count: 1,892 DECLARATION I declare that this assessment is my own work, based on my own personal research/study. 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