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What is the economic system of Singapore?

Singapore's economy is heavily reliant on IT products, consumer electronics, pharmaceuticals and an increasing number of financial services. Singapore's GDP was $295.7 billion in 2013. Its GDP per capita in 2013 was $62,400, ranking it as seventh compared to other countries in the world. Singapore's GDP real growth rate in 2013 was 4.1 percent, ranking as seventy-forth compared to other nations in the world. The unemployment rate was 1.9 percent, with no population below poverty line in 2013.

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What is the difference between Aristotle and Kant?

Aristotle states that happiness isn’t physical pleasure, but harmonizing the mind with virtue. What feels the best for the most is virtue. The intellectual and emotional parts of the mind create intellectual and moral types of virtue. This virtue is expressed from the mind by voluntary action.\nAristotle proposes choosing the "Golden Mean" between too much emotion and too much action. Courage is virtuous when it balances between cowardice and rashness, extravagance and indifference. Justice occurs when each person gets what he deserves. Any departure from the mean is injustice.\nAristotle st..

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What are some examples of church bylaws?

Bylaws can cover an enormous swath of issues, from the precisely theological to the extremely practical. For instance, bylaws can articulate how often Communion is served and specific interpretations of Scripture, or they can outline job descriptions for church officers and how much is spent on missionary efforts. Bylaws are also particularly important whenever rules of voting or election apply to church decisions.\nBylaws are an important mechanism when it comes to the church's relationship with civil authorities. For example, if a church maintains a belief that is at odds with a civil s..

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What is the difference between proactive and retroactive interference?

Proactive interference sometimes occurs because the information a person is trying to learn heavily contradicts what the person has learned before. This frequently happens when people have set their minds on certain attitudes and behaviors, and the old memories stop them from embracing new attitudes.\nRetroactive interference makes the human mind forget old information. Even though previously learned information remains stored in the brain, a person needs to retrieve it from the long-term memory. However, this is not always possible because the working memory is preoccupied with newly acquired..

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What are some tips for figuring out if someone is lying?

Smiles are hard to fake, so notice if the speaker's smiles look genuine. The timing of the smile may be wrong, it may last too long or it may not look real. Sometimes when a speaker is lying, his words may be saying one thing, but his body language says the opposite.

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What are some Buddhist quotes?

Many Buddhist quotes pertain to the power of the mind, including that a person becomes what he thinks. In addition, a Buddhist quote says that a man's own mind is what lures him to evil, not any specific person or enemy. In addition, another quote says that unguarded thoughts pose the greatest harm to man.\nSimilarly, Buddhist quotes emphasize personal responsibility and the need for each individual to purify himself. For example, one Buddhist quote says that each person is the only person that can save his own soul. Another quote goes on to say that it is more important to conquer an ind..

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What are some examples of crude oil price peaks?

The early 1974 price spike for crude oil was the beginning of what is generally considered an oil crisis in the 1970s. Prices continued to climb during the time after this peak, which was initiated by a combination of an Organization of Petroleum Exporting Countries embargo and declining production in the United States. Prices spiked again in a 1979 oil crisis that culminated in the peak price of May 1980. This crisis was mainly due to the results of the 1979 Iranian Revolution. The May 1980 price of $114.51 in inflation-adjusted 2015 dollars was the highest average monthly price for crude oil..

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What is the veil that Muslim women wear called?

The hijab is to be worn by women when in the presence of men who are not part of their immediate family. So, when Muslim women are in public, they wear their hijab. While the word hijab is used to describe the veil, it is also used in reference to any piece of clothing that denotes modesty. It can even be used to refer to a women's behavior or demeanor.

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What is the difference between neoliberalism and liberalism?

The term "neoliberalism" has taken on variations in meaning since its first appearance during the 1930s as a "third way" alternative to collectivist central planning and classical liberalism. Neoliberalism now tends to be associated with the economic theories of Milton Friedman and Friedrich Hayek. Ronald Reagan in the United States and Margaret Thatcher in the United Kingdom famously promoted the economic policies of modern neoliberalism. Author Robert W. McChesney has defined neoliberalism as "capitalism with the gloves off." The term "liberalism" in its various forms has seen an overextensi..

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What role do banks play in a nation's economy?

The bank is able to take the deposits, which start out as liabilities, and turn them into assets. This is accomplished by the banks investing the money that is deposited in a way that gains them higher returns than what is being paid to the depositor's account when they receive interest. This allows the banks to loan money and still have the funding to cover any withdrawals that an account holder may make.

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