Question

In: Economics

1) The Liberal leader, Mr. Wilkinson, refers to the privatization of the ICBC during the debate....

1) The Liberal leader, Mr. Wilkinson, refers to the privatization of the ICBC during the debate. How does this political action refer to the liberal perception of human nature?

Solutions

Expert Solution

All the political actions are taken in the favor of liberal perception of human nature. Government is elected by the people of the country and the government is supposed to work on behalf of its people and take care of their interest and views. Government has responsibility to raise the standard of people living in the country and for that, all it's actions depicts liberal perception of human nature and theri wellbeing.

In the given Statment, privatisation will help people to get better quality goods and services. This political action has been taken for the welfare of the society.


Related Solutions

1- Privatization: Which types (modes) of privatization were used in transition countries? Choose one mode of...
1- Privatization: Which types (modes) of privatization were used in transition countries? Choose one mode of privatization and explain its positives and negatives features/characteristics. 2- Transition: List and explain three points/arguments/questions from Janos Kornai’s article “What the Change of System From Socialism to Capitalism Does and Does Not Mean.”
Star & Anderson SAOG. acquired all of the common stock of Wilkinson SAOG. on January 1,...
Star & Anderson SAOG. acquired all of the common stock of Wilkinson SAOG. on January 1, 2018.  As of that date, Wilkinson had the following trial balance: Particulars Debit Credit Sundry Creditors 30,000 Land & Buildings (10 year  life) 70,000 Additional Paid-in –Capital 30,000 Sundry Debtors 25,000 Cash and bank balances 18,000 Short Term Investments 17,000 Equity share capital 150,000 Inventory 55,000 Plant and Equipment (4 year life) 120,000 Land 45,000 Long term borrowings ( Maturity 31/12/2020 90,000 Retained earnings (Opening Balance)...
Find a current example of a country that is undergoing 1) privatization of a formerly nationalized...
Find a current example of a country that is undergoing 1) privatization of a formerly nationalized industry and a country that is undergoing 2) nationalization of a formerly privatized industry. What are the reasons for the change? Do you agree with the underlying policies? Why?
Discuss the debate over the issue of slavery during the Constitutional Convention in USA.
Discuss the debate over the issue of slavery during the Constitutional Convention in USA.
Wilkinson et al. Volume 1, Chapter 2, pp. 39-42 ("What is Caring?") 1. How are skills...
Wilkinson et al. Volume 1, Chapter 2, pp. 39-42 ("What is Caring?") 1. How are skills in caring and compassion developed? How do nurses provide, show, and demonstrate caring and compassion? Why might these skills be harder and harder to achieve in today’s healthcare settings? How can a healthcare professional respond to patients with a caring response, when the setting they work in may devalue it? I'm with first two questions but I have a hard time looking at others...
1. What are the characteristics of an effective leader? Give an example of an effective leader...
1. What are the characteristics of an effective leader? Give an example of an effective leader you know, and explain why and how s(he) is effective.
Problem #1 Mr. Blue is a licensed skin doctor. During the first month of the operation...
Problem #1 Mr. Blue is a licensed skin doctor. During the first month of the operation of his business, the following events and transactions occurred. ·             April 1 Invested $20,000 cash in his business. ·             1 Hired a secretary-receptionist at a salary of $700 per week payable monthly. ·             2 Paid office rent for the month $1,100. ·             3 Purchased doctor office’s supplies on account from Dazzle Company $4,000. ·             10 Performed medical services and billed insurance companies $5,100. ·...
In a debate program on TV, a specific theme is discussed. During the program, viewers have...
In a debate program on TV, a specific theme is discussed. During the program, viewers have the opportunity to send SMS and express their opinion on the topic. Suppose the viewer then answers yes or no to a question related to the theme. In this paper, we assume that 75% of viewers believe yes and 25% believe no (for simplicity, we assume that all viewers have an opinion on the question). We also assume that the probability that a random...
ROOM FOR DEBATE Debate 7‐1 Usefulness of the Statement of Cash Flows versus the Income Statement...
ROOM FOR DEBATE Debate 7‐1 Usefulness of the Statement of Cash Flows versus the Income Statement According to SFAC No. 1, financial statements should provide information that is useful for investors’ decision making. Paragraph 37 of SFAC No. 1states that financial reporting should provide information to help users assess the amounts, timing, and uncertainty of prospective cash flows. Paragraph 43 of SFAC No. 1 states that the primary focus of financial reporting is providing information about an enterprise’s performance based...
1. In the following equation, gdp refers to gross domestic product, and FDI refers to foreign...
1. In the following equation, gdp refers to gross domestic product, and FDI refers to foreign direct investment as a percent of GDP. Standard errors are in parentheses below the coefficients. log(gdp) = 2.85 + 0.547log(bankcredit) + 0.296FDI                   (0.13)    (0.022) (0.017) Holding the level of FDI constant, if bank credit increases by 1%, gdp increases by ___________. Holding the level of bank credit constant, if FDI increases by 1 percentage point, gdp increases by ____________. Construct a 95%...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT