SME stands for small or medium sized enterprises. Munro D. (2013) touches upon the distinctive requirements a company needs to be defined as one, for example, a company can only be categorized as an SME in the UK if the amount of staff working for them is below 250, and the total amount received from the Statement of Financial Position...
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According to economic theory, economic growth in a given country is possible in only three cases. The first is when investment flows: when capital accumulation outstrips the growth of the labor force, so the share of workers is more capital. This growth is named after the American economist Robert Solow - 'Solovian' growth. The second - economic growth can occur...
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As well as being the capital of Italy and Catholicism, and a famously beautiful city, with a great climate and fantastic food, Rome is also something else. It’s a place where politics has gone on ‐ and has been recorded ‐ for some three thousand years. Rome is a political case study like nowhere else on earth. Romans have lived...
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In the traditional communities, the perceptions of the associated members on certain groups ranged from one region to the other. For instance, women in the ancient community held different positions. On the same note, diverse communities held different perceptions against women based on their traditions and values. While traditions play a crucial role in shaping the life and lifestyle of...
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Historians such as Jurgen Kocka have argued that Germany followed a special path of development due to the absence of social and political modernization during economic development. This caused pre-industrial mentalities and structures to remain prominent within all aspects of society. Hence, he argues that this led to an inevitable crisis during the 1930s and therefore, resulted in a logical...
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World War 2 lasted between 1 September 1939 to 2 September 1945. The war impacted the lives of many people in numerous ways; politically, socially, economically and psychologically. In Britain and Germany, the ways in which people's lived were affected through a social aspect are employment/unemployment rates, how the lives of children were affected and how the roles of women...
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For decades, Russia had been a smouldering cauldron of discontent, bubbling over occasionally in strikes, riots, and assassinations. However, it was The Great War which was to be the tipping point for three of the most powerful dynasties the world had ever seen; The Hohenzollerns of Germany, the Hapsburgs of Austria-Hungary, and the topic of this presentation the Romanovs who...
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August 1914 will always remain a poignant date in history. On this day Great Britain declared war on Germany. This Was to leave a scar on the landscape of the world which can be still seen today. Many years prior to the outbreak of war there was 2 powerful groups in Europe who opposed each other. Germany, AustriaHungary, and their...
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The main idea in the Treaty of Versailles was that since Germany was considered responsible for World War I, it had to accept full responsibility for causing the war. They had to pay the Allies over about thirty-three million dollars for the cost of the war, German territory was considerably reduced, and the German army needed to have it's power...
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Between 1600 and 1800, Britain evolved into a dominating empire that controlled most of the southern hemisphere. An underlying factor for their success was their strong economic state which enabled them to use conflict to extend their power overseas. Britain's economy played a large role in their success to conquer many countries as they were able to afford and provide...
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In the United States and other parts of the world, we have the right to vote for people we believe in and it's our responsibility. Being apart of a process where your options count is the definition to a political system known as democracy. Back in ancient times, the world was mainly ruled by tyrants and kings. It's clear how...
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The World War I or the Great War started on July 28, 1914, and ended in 1918 with the Treaty of Versailles. The First World War started after the assassination of Archduke Franz Ferdinand of Austria on June 28, 1914. In the First World War, the Triple Alliances which were Germany, Austria-Hungary, and Italy fought against the Triple Entente which...
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The air pollution solution I will be talking about today is the Paris Agreement. As Dr Tedros Adhanom Ghebreyesus the director of WHO said: “The Paris Agreement is potentially the strongest health agreement of this century”. The goal of the Paris Agreement is to make our “response to climate change stronger”. They will do this by “keeping a global temperature...
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There is no need to talk about the importance of water and its place in human lives. Every live being require to consume water for one of their primal needs: thirst. However, importance of water does not end with one primal need, it is a pillar stone for our entire system. A blacksmith needs it to cool forged goods, a...
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The Cold War was a period of extreme tension between the US and the USSR. The presence of a bipolar system, competing ideologies, and the threat of nuclear war, coupled with the global impact it had, were definitive features of the Cold War. However, today tensions between Russia, the EU and NATO are very different; Russia is no longer a...
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Walking is a natural instinct that is a part of our lives and we tend to use this action to complete various activities. Tourism is an activity where one or many may go to experience a vacation full of activities or to seek relaxation. One of the most walkable tourist sites in all of the world is Paris. It is...
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The United Kingdom is a capitalist country with a socialist education system. Children under the age of 18 get access to education for free, this is known as state school (this is considered as a socialist system). But parents are also able to send their child(ren) to private school for a certain amount of money each semester per year. Parents...
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In order to explain the balanced growth path using a general Solow economy, I have chosen Ukraine as a developing economy as it is a great example of a country in Europe that struggles economically and fits the Solow’s model of economic growth. Solow’s model shows that the rate of savings in the economy determines the size of the capital...
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In the 1960’s there were many factors that contributed to the escalation of tension in the 60’s. One key factor was the building of the Berlin Wall. I agree with the statement that the building of the Berlin Wall was the main reason for an escalation of tension in the 1960s because of the construction of the Berlin Wall in...
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Technically Rome was a democratic republic however, only the Roman citizens could enjoy to the fullest this system. Through its conquests Rome added millions of people who were not considered citizens; hence Rome was comparatively governed by few people (Morey, 1901). As the class of Roman citizens increased gradually a group of few people started to hold the real political...
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Social mobility is critical for a healthy society and a good state of mental well-being. Equal access to education and skilled employment is vital to boost families' movement from any community within a society's social strata and raise the living standard. Since 1980 economic mobility has slowed in Great Britain, and currently, the nation ranks near the bottom among OECD...
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President Vladimir Putin would have spent twenty-five years at the height of Russia's power by the end of his term as president. His actions have defined post-Soviet Russia perhaps more than any since the end of communism in 1991. Russia with the assistance of Putin has defined its new role in the world, although not in a way that the...
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Introduction Athens and Sparta were one of the most important city-states of Ancient Greece. Although, they were close on the map, they had different values and different lifestyle (York, Smart and Richards, n.d.). However, they also had few similarities and one can be seen in their form of government. In fact, both Athens and Sparta had an assembly which was...
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No matter has divided Irish politics and society as vigorously in recent generations as the topic of partition. Ireland was partitioned, or divided into Northern and Southern Ireland in May 1921 after the Fourth Home Rule Act became law on that day. The question continues to dominate politics in Northern Ireland to this day as politics is still divided between...
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Totalitarianism is generally defined as political system that uses a high level of control over individuals, restricting individuals’ freedoms and suppressing their opposition to the state and more generally subordinating many aspects of individual life to the authority of the state. According to Wikipedia, totalitarian regimes “are often characterized by extensive political repression, a complete lack of democracy, widespread personality...
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The United Kingdom has a low power distance and uncertainty avoidance score, a high individualism and masculinity score. Decision making in the United Kingdom is centralized and safety is mandatory by law. Group rewards in the United Kingdom improve teamwork and individual are important that you acknowledge who goes the extra mile. Informal relationships in the United Kingdom are what...
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The Greek government debt crisis was the sovereign debt crisis faced by Greece within the aftermath of the financial crisis of 2007–08. Widely known within the country because the crisis, it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, furthermore as a small-scale humanitarian crisis. In...
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Greece’s international reputation took a battering during the European debt crisis that dominated the first half of the last decade. The country was widely perceived as irresponsible, corrupt and inefficient. The country’s financial situation was sound when it entered the EU in the early 1980s, but it deteriorated substantially over the following next thirty years. While the economy boomed from...
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Italians are an ethnically diverse community within a small country that they occupy, this brings them together rather than further apart. No matter what dialect, they share the same race, Italians. Within this report there are 8 aspects of Italian culture mentioned these include food, traditional clothing, celebrations, dance; language, religion, rituals and inequities they face. These are important factors...
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Since the devastation of World War II, the events in which the Jewish population were exterminated and the wars where German forces attempted to invade other nations are still being studied and mourned to this day. The question arises as to why Germany lost the Second World War and whether Hitler himself really cost Germany the war. Hitler’s strong and...
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