Mindblown: a blog about philosophy.
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IELTS dates Turkey in April 2013
IELTS dates Turkey in April 2013 Turkey has announced the timetable for the IELTS exam in April. There are 4 dates being given for the IELTS exam. The 4 dates are 6th April, 13th April, 18th April and 27th April 2013. You should register for the exam as soon as possible and add us on…
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What are collective nouns?
Collective nouns Collective noun refers to a group but is singular in form. A collective noun takes a singular verb when we talk about a single unit. A collective noun takes a plural verb when we talk about more than one thing. People Audience Band Choir Government Committee Crew Enemy Orchestra Staff Class
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What is a Proper noun?
Proper noun Proper noun is the specific name of a person, place, thing, animal or idea. I met Scot I went to Pacans The name of my dog in Tommy
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What is a common noun?
Common noun Common noun is the general name of a person, place, thing, animal or idea. I met my friend I went to my school My dog is very beautiful
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What is a noun?
Noun Noun is the name of a person, place, thing, animal or idea. Everything in this world has a name and when we give anything in this world a name that name is called a noun. Boy is doing the work (Noun-Person) I went to Lahore (Noun-Place) They bought the book (Noun-Thing) They loved their…
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What is demand?
What is demand? This question seems to be very easy, but it is the question which is mostly answered incorrectly. Situation A: A man has $ 400 and he is willing to buy a CD worth $ 100 (Demand) Situation B: A man has $100 and his willing to buy a CD worth $ 200…
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Disadvantages of Market Economy
Disadvantages of Market Economy No government support The government has no role to play in the Market Economy and it does not provide assistance to the producer or the consumer. If the producer makes a huge loss the government is never going to bail out the produce likewise the government does not assist the consumer…
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Advantages of Market Economy
Advantages of Market Economy Efficiency The main aim of the businesses operating in the Market Economy is to earn maximum profit and this can be achieved by increasing the sales and decreasing the costs. The costs are kept minimum so and efficiency from the workers is promoted. Economic Growth Market Economy encourages people to do…
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What happens in Mixed Economy?
What happens in Mixed Economy? Mixed Economy is the middle ground between Market Economy and Planned Economy. Most of the decision making is left in the hands of the businessmen who allocate their resources on the basis of price mechanism, but the government may interfere when it realizes the general public is in jeopardy. Mixed…
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What happens in Market Economy?
What happens in Market Economy? In the Market Economy government intervention in minimum and most of the decisions regarding the allocation of the resources are taken by businesses. They decide what to produce and how much to produce by analyzing the consumer’s demand. Things are only produced if they are being demanded by the consumer…
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