The Etching free essay sample

A prolific writer, he published thirty-six novels, five volumes of short stories, two plays and three volumes of memoirs. His skill at scene-setting, his vivid plots, his high profile as a lecturer and his driving ambition brought him a large readership in the United Kingdom and North America. A best-selling author in the 1920s and 1930s, his works have been neglected since his death. The title of the story tells us about the main object in it. The etching became a cause to breaking a marriage. It’s its direct meaning. Indirect one shows that just a picture can be a motive to separating of married couple that are too different to be together. The writer gives us a realistic presentation of impossibility of two different people living together and building some kind of relationship even of long one. It’s too difficult to live with a man or a woman whom you don’t love and it’s impossible to keep a man next to you because â€Å"You can take a horse to the water, but you can’t make him drink. We will write a custom essay sample on The Etching or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page † The text represents a narration about a married couple of the Gabriels. Florence Gabriel was too  «bossy », possessive to her husband Billy. She tried to take control over her husband, to prevent him making his own decisions. He simply adored her. One day he saw the etching which struck him so much and he bought it without his wife’s permission. It irritated her greatly. Being furiously, she took one of the etching and thorn it into a hundred pieces. At the end of the story the family that seemed to be happy was ruined. Ignoring France’s tears and request’s he left her forever. The author gives us a detailed description of characters. Mr. Gabriel was a large, four-square genial red-faced, grey-haired woman with bright blue eyes and a hearty laugh. But she was too  «bossy » to her husband. While reading we can understand she did it because she was afraid of loosing him. Also that woman was very economical. I suppose, it was the main cause of her being against the hobby of her husband. Billy was shy and clumsy in company, but that was partly because Mrs. Gabriel made him so. He was very unpractical and dreamy person and he managed to reveal himself only after getting his hobby. The language of the story is full of descriptions and remarkable notices about characters. The author often uses adjectives and it makes the language brighter. The main ideas of the story, to my mind, is that we can’t keep a person next to us if he or she doesn’t love you. Another one is that people can for all their life be shy until they find the thing that is support for them and only then they reveal themselves. I like this instructive text, because it’s easy to read, but contains deep ideas. It shows us how one thing, one occasion, one little quarrel and situation could completely change a person. I think that the main reason of this is Mrs. Gabriel. The Etching just help Billy to understand the situation and the depth of feelings in his relationships.

Finish some philosophy quiz Example

Finish some philosophy quiz Example Finish some philosophy quiz – Essay Example Philosophy questions Question I. a True b True c True d True e True since in B-rule every voter offers a linear ordering of the underlying candidates by assigning them a score as the last candidate are ranked with least points f.) True as every voter ranks the candidates in the order of the preference from top to bottom. Moreover, the voter can be permitted to rank the candidates as equivalent in order to express the prevailing indifference amidst them. g.) True, since in C-rule every voter distributes a fixed number of prevailing points and the candidates with the maximum points wins. This strategy can also work in B-rule as every voter offers a linear ordering of the underlying candidates by assigning them a score as the last candidate are ranked with least points II.a.) Therefore, it is imperative to use the C-rule and neither the M-rule nor B-rule are to be usedB= the B-Rule is to be used in EE=the most preferred exist in EM= the M rule is to be used in EE=the most preferred exis t in ES=everyone votes sincerely in ET= social preference is transitive in ED=the most preferred cab be discovered in EO= voter preferences measured ordinallyI= it is imperative to use the C-rule~ (T˄-O) ˅ ~ (I˄~D)~ (D ˅O)S→ (~O→ (~I˄T)Therefore,~STree method0>~ (T˄-O) ˅ ~ (I˄~D)2>~ (D ˅O)3> S→ (~O→ (~I˄T) S ~D ~O ~S 4 >~ D → (~I˄T) ~~D 5>I˄~D ~I T 7 >~ (T˄O) 8>~ (I˄~D) ~T ~~O ~~I ~~D Since all the ends are closed, the argument is valid B.)In case i is indifferent between a and b and also between b and c, then I is indifferent between a and cIII.~ (U˄T) ˅ ~ (P˄~D)~ (E3 ˅P)R→ (~P→ (~T˄U)Therefore,~RIV. C-rule is stables since it solely distributes a fixed number of prevailing points and the candidates with the maximum points wins. B-rule is also stable since every voter offers a linear ordering of the underlying candidates by assigning them a score as the la st candidate are ranked with least points Conversely, M-rule is unstable since every voter ranks the candidates in the order of the preference from top to bottom. Moreover, the voter can be permitted to rank the candidates as equivalent in order to express the prevailing indifference amidst them.ReferenceJacquette, D., Gabbay, D. M., Thagard, P., & Woods, J. (2006). Philosophy of Logic. Burlington: Elsevier.

Describing a Memorable Meal Essay Example | Topics and Well Written Essays - 500 words

Describing a Memorable Meal - Essay Example   The reason is that all of these things came around once each year so it was more like a ritual or a habit rather than a celebration. The time that I remember the most is when my family and I went on our holiday out of the country. It was to a small island located in the Caribbean, and it was a special moment in my childhood. The setting was remarkable as the waves crashed against the shore while a magnificent sunset occurred daily. There was one restaurant on that island that I shall never forget because of the awesome feeling I got from the delicious food that they served. Once we arrived to eat, the waiters and waitresses came to take our order. My siblings and I were given permission from our parents to select whatever dish or dishes we wanted because we would likely never be able to return here again. As all kids do, I immediately fixed my eyes on the most expensive item on the menu. It did not occur to me at that young age that price doesn’t necessarily equate to quality, but that did not matter to me. I was feeling famished and I couldn’t wait to tuck into the most delicious dinner dish I had ever tasted. While we were waiting for our food to arrive, we noticed the ambiance in this particular restaurant. There was a young lady quietly playing the violin over in the corner, while the flickering lights created a sense of calm over the whole place. After some time our food was brought out to us; not the main course, just the entrà ©e. As I chose not to order one of these, I had to wait a little bit longer for my food. After the rest of my family had finished their appetizers, we noticed a long-bearded man come into the room and begin to play his guitar. He was quite talented with this musical instrument, and the remarkable sound coming from his guitar kept our minds off the impending arrival of our main courses.  Ã‚  

A Report on Politics Essay Example | Topics and Well Written Essays - 750 words

A Report on Politics - Essay Example Body (The speech) There are different connotations that are in the word motivation. You cannot expect that Things are going to occur for you just by chance. In fact, the world we live in requires some initiative. The more problems we get, the more complacent we become (Jouzel.et al,.1987). There is no way that this is a good thing. First of all, we inherited a good-to-do world from our parents. It is our obligation to make sure that the world we live behind is better than what we found. All of us have an inner belief. We are very convinced of a cause that is far greater than ourselves. God withstanding, the world expects wonders out of us. It is difficult already to live in the present world, but imagine how it will be in years to come. Yes, our forefathers inherited a world in which life was not as hard. But it is in our capacity to make sure that at least our children will understand the dynamics of this world. We undoubtedly belong to the same class. Every one of us is expected to depart this world at some point. It is therefore fundamental that we make sure that the world we leave behind is better than we found it. Looking at things from a critical perspective, the world as we know it is slowly disappearing. The politics of the day are about segregation more than anything. Africa has become the stage for ethnic conflicts. There, people turn against each other without the benefit of food, basic shelter and freedom as we know it. Additionally, the Middle East has become the epitome of hatred for anything American. The Chinese are gaining more power by the day. And just by their numbers, they threaten taking over the world. Undoubtedly, these are grave matters to those that care but exquisitely, the most threatening thing to the existence of man as God intended him is the effect that carbon has had on our environment (Delmas, Ascencio & Legrand, 1980). Have you stopped to ask yourself what your effect on the world is? Have you asked what your children will thi nk of you once they realize that you had the chance to stop their world from disappearing? (Lorius et al, 1985). Do you sleep at night with your conscience clear knowing that the car you drive or the cows you rear might be the precedence to a holocaust, the disappearance of the human being himself? Is it prudent for you to walk around minding your own things whereas the world is slowly disappearing? What is your government doing? You know, when I was young, we did not mind much about what we were doing. The world was not under a fine toothcomb as it is today. The data was simply not as in abundance as it is today. We did not have much to worry about in the most simplistic way that you may fathom. Are we justified now to assume that we do not have the power to influence our very existence? Do we have the right to carry on as f nothing major is happening? Did God design this? These are strong sentiments, but rather than just simple tag along, we must choose to act. We must see what is in front of our eyes. We must realize that our existence was not by chance but rather a design that was made by the most high. What is our problem? There are hybrid vehicles. Must we continue using the fuel that we do simply because these cost a whole lot than our normal cars? I will not say that the human race ought to take more action simply because my saying it will insinuate that they do not have the p

Ford automobile analysing the vertical integration Essay

Ford automobile analysing the vertical integration - Essay Example Generally, it is the level at which an organization controls the main suppliers and buyers, and aims at improving marketplace supremacy (Katie, 2013). In the early 20th century, Ford Corporation built a manufacturing empire unlike any other before or after based on vertical integration. Ford had chosen to produce the components and materials for its famous Model T passenger car instead of sourcing them from independent contractors or suppliers. The company also bought glass and steel mills to produce steels and window screens for its cars. In addition, Ford acquired huge tracts of land in Asia and Brazil to grow rubber trees to meet its requirements for tyre materials. These efforts culminated in the construction of the massive Rogue plant that ensured full control of all the resources that were necessary in the production of the automobiles. The first model T cars retailed at $850 but the price fell to $440 and eventually to $290 in 1925. The approach had been able to provide better quality cars at much lower prices and thus progressively increase the company’s market share. (Lu, 2011). On the other hand, General Motors, Ford’s main business rival, adopted the multi-divisional approach later on and integrated the various independent firms that were held under the umbrella firm. This ensured that the overall financial and directional decisions were made at the corporate headquarters and the operating decisisons were left to the various divisions. The large scale vertical integration was meant to achieve various objectives. Scholars believe that this was aimed at increasing control, capturing profitability from upstream suppliers, and exerting marketing dominance. This strategy was suitable with the prevailing market environment, which seemed to have enduring demand and low prices determined the market leader. However, despite the soaring sales figures, the approach also had some weaknesses. These included rigidity in asset deployment, modification of product lines and responses to demand changes (Harrigan, 2003). Analysis The Ford Motor Corporation held the dominant position in the automobile industry during the 1910s and 1920s. It held the largest market share and even briefly went over the 50 percent mark. It also reported the highest profits due to its better manufacturing innovation and a reputable brand name. in addition, its main competitors had less superior production technologies and felt the immense pressure from Ford’s market dominance and the low prices. Henry Ford was highly motivated by the vision of producing good and low-priced motor cars for the entire public and the development of technology used to mass-manufacture the cars. His ability to provide substantially lower prices than his closest competitors gave his company the flexibility to pursue these objectives. For instance, Ford’s Model T car was retailing at US$440 while the closest competitor was a Willys-Overland vehicle that was sold fo r US$ 895 (Rosenbaum, 1998). The company had started with the construction of its Highland Park plant in the 1910s, which consisted of a huge capital investment. The multi-storey building became the largest in Michigan state. Its large and open floors provided room for machinery arrangement, and the huge windows provided ventilation and natural lighting. This made the plant a good model for design of factories. In addition, it combined a foundry, a machine shop and a power plant, which brought various stages of automobile

Tescos Management And Leadership Theories

Tescos Management And Leadership Theories Tesco is a company which was founded in 1919 by a man called Jack Cohen, a grocery seller from a stall in London. The Tesco brand originally first appeared after he had brought a shipment of tea from T.E Stockwell and the first Tesco store was opened in 1929. It started off as selling the usual food and drink products but since then expanded into areas offering alternative goods such as, clothing, electronics, finance services, mobile network, car, dental, home and health insurance, CDs, DVDs and Games. Tesco UK stores operate under four banners which are Extra, Superstore, Metro and Express to meet different customer needs. Tesco can also be found on the London Stock Exchange. Tesco has  £62.54 billion in revenue as well as  £3.41 billion income from February 2010 and has 4,811 locations around the country; nevertheless Tesco has become the biggest British retailer and is one of the worlds largest retailing outlet. Mainly its growth is due to the fact that in the workplace, it has a workforce of 552,004 employees. To sustain its growth, Tesco has to make sure that they have the staff who are motivated, flexible and well-trained and who can be aware of the customer needs. Tesco sustain their employees in a range of roles and at different levels in the workplace from customer assistant to department manager and warehouse to logistics staff. Tesco recognise this as they need employee motivation to continue their growth. Motivation is the driving force which set out to achieve an individuals goal. There are different theories that have been suggested for motivating employees. The main factor for motivating employees is Pay, which is considered a primary motivator. Other motivating factors include: Appreciation of hard work e.g. incentives A sense of achievement Responsibility and empowerment Opportunity for development A sense of challenge and enjoyment If Tesco have a motivated workforce then they will have a variety of employees who will work hard and achieve their potential in less time, which will endeavour Tesco to reduce cost in labour and less supervision of their employees. On the other hand this will demonstrate their pride to work for Tesco, therefore create a better impact on consumers. Encouraged employees are more likely to focus better and are less likely to make mistakes, cause conflicts and accidents in the workplace. In general this shows they have greater loyalty for the consumer and have fewer absentees. The opposite of a motivated workforce is an unmotivated workforce, which are employees in Tesco being dissatisfied in the role they play for the company. This can negatively affect the quality of the work they produce and how professionally they carry out their work and how this will affect Tesco as a business but also the products they display on the shop floor. Tesco focus on two groups, their staff and customers to achieve motivation by offering them rewards to support stability in the personal and work life. Such rewards are staff discount, flexible working and gym membership. The theory to motivate shows that Taylor said one that is motivated works purely for money. Tesco has a similar link to Taylors theory as they have an employee reward programme which offers financial reward packaging to motivate the workers. On the other hand there are other factors which take into place of motivating a person; they are personal and working lives. Tesco go beyond Taylors theory as they do more than pay increasing, they support the different lifestyles of each individual that works for them by using important benefits. For example in Tesco, staff may desire to serve people or improve their basic understanding and skills. To make job satisfaction achievable for their staff, Tesco create a good working environment where they want to have their employees feeling valued and therefore it increases communication and employees are asked for their opinions of how they are experience this. As Tesco are a big organisation they invest into training and development for its staff which enables them to develop their understanding, skill and sense of their job satisfaction. For example in my own workplace at Sports Direct they create a good working environment as I was trained on the till and had people helping me which developed my understanding of the business. By using surveys, Tesco ask their staff to attend a staff satisfaction survey which is done by viewpoint and gives the staff to get across their views on the job they do. From the survey it shows Tesco what they need to do in order to keep their employees motivated and to ensure that they are achieving job satisfaction. The benefits offered to employees the following Lifestyle breaks which offer you 4-12 week off from work but then you are allowed to return after as it guarantees you dont lose your job, career breaks which allows staff working in Tesco between the 6 months and 5 years away from work but also they have the right to return and pension scheme which defies the long term benefits staff can have when they reach a certain age. Other ways in which job satisfaction is achieved for the staff working in Tesco is the way they look after their employee. This makes their employees feel that the job is secure and the company is looking after them and therefore it makes them produce work of a high quality. Using Herzberg two-factor theory which outlines the main two factors hygiene and the satisfiers also know as motivators. Hygiene factors are put in place in a business such as Tesco to avoid what is called unpleasantness in the workplace. If these factors are thought to be insufficient by the employees then this would mean that they are dissatisfied by working there. Motivator factors are for individual people for their personal growth, the motivator side dynamically creates the job satisfaction. If they are effective, then they can motivate the individual to reach an above-average performance as well as effort. Herzberg showed that to truly motivate an employee a business needs to create conditions that make him or her feel fulfilled in the workplace For example Hygiene factors like pay can lead to an employee at Tesco being dissatisfied as this will show the employee is being paid a rate which has not increased from the time he has spent at Tesco. However the motivators like promotion opportunities in Tesco will satisfy the employee as they are moving up a level in the department and not staying in one department from where they started from. This will acknowledge how well they are working for the company. Hygiene factors: Pay and benefits Company policy and Administration Relationship with co-workers Supervision Status Job security Working conditions Personal life Motivators: Achievement Recognition Work itself Responsibility Promotion Growth Tesco will try to motivate its employees by using the two factor theory. For example, it can motivate and empower its employees by using suitable and well-timed communication to effectiveness, by appointing responsibility and involving employees in their own decision making in key areas of their working life. Tesco using forums every year in which staff can be part of the discussions on pay rises if they wish they need to. This will show acknowledgment of the work Tesco people do and reward them. For example Tesco staff can even influence what food goes onto its restaurant menus. As a result of doing this the employees therefore become motivated to make choices that will increase their use of the restaurants that Tesco have within the organisation. That way job satisfaction achievable as it is used to a very high level in Tesco as they value each and every one of their member of staff so they achieve their potential and the company grows and has a high-quality reputation. I think it is important for line managers to have an understanding of these theories in concept as they need to know how to motivate their employees working below them to get the best out of them, productivity wise. However if managers on the front line do not have an impact then this will limit how they motivate or else not trusting them will reduce their motivational efficiency. Managers this way can understand what the employee is working toward such as the goals and objectives that they set and how well they are managing their time to get the work done for a company like Tesco for example. It gives the manager a chance to be impress by the employee and the quality of the work therefore shows which member is committed to doing well and making sure the company goes in the right direction, On the other hand managers would want to know the pros and cons of which is the best way of the motivating concept through various theories in order to stand out from anyone else and the quality in production and reputation it achieves at the end by doing this. It gives the manager a chance to communicate and understand the employee effectively, to engage the key skills he may have to offer to him, work wise and how motivated he is in-order to get on with what he is asked to do. The best way to understand this is to interact with your employees to gain knowledge otherwise the key efficiency to work at a higher level and to produce the quality you would want to will not happen, unless you communicate with the manager and he communicates with you. To conclude by looking at different theories of motivation, how job satisfaction is achieved and how important line managers are, you can find out various ways in which Tesco can motivate their employees to get the best out of them by using incentives for hard workers and rewards as well as promotion. On the other hand you can also see the negative effects this can have if you have unmotivated employees in the workplace which reduces the morale and that person quality to produce at the highest level proposed from them. I recommend that by achieving an employees job satisfaction and motivation but also bringing into action how the line manager should have a good understanding of these theories. Tesco get employees who work well in a good environment but also one where they are valued for the hard work they produce to meet the aims and objectives of the organisation, but also the goals they set for themselves to improve the desire for working in a warm atmosphere but also the drive tha t managers have in Tesco for their employees to achieve their potential. References http://www.thetimes100.co.uk/case-studymotivational-theory-in-practice-at-tesco132-396-3.php http://tutor2u.net/business/people/motivation_theory_herzberg.asp

Stabilization Policy

| Stabilization Policy| ECO311E| | Glen Edwards 201102728| | | Contents Introduction3 What is Stabilization Policy? 3 Keynesian vs. Classical4 Stabilization in South Africa5 Conclusion5 Reference list6 Introduction In an era where growth and stability in the economy are at the forefront of economic discussions, the economic policies and principles that are utilized in keeping with a stable economy must be taken very seriously. The way in which the governments of the world manage their income and expenditure is therefore of the utmost importance. The task of managing money is what stabilization policies are in a nutshell.The two schools of thought, Classical and Keynesian, view these stabilization policies differently and the author will attempt to discern whether or not either of them view stabilization policy as worthwhile. Additionally the author will analyze the stabilization policy efforts within the South African economy in recent years. What is Stabilization Policy? â€Å"Stab ilization policy is the attempt to reduce fluctuations in income, employment and the price level, stabilizing national income at its full-employment level, if possible. † (Lipsey, 1993:659). This can be done through a governments fiscal or monetary policy, or both.As the author understands it, fiscal policy refer to those policies of the government that affect the tax rates, interest rates and expenditure, all used and controlled in an effort to control the economy. Simply put, a reduction in tax rates and/or an increase in government purchases (expansionary fiscal policy) causes the government's budget deficit to increase, or its budget surplus to decrease, while conversely, a  decrease  in government expenditures and/or an  increase  in taxes (Contractionary fiscal policy) will cause the government's budget deficit to decrease, or its budget surplus to increase. Stabilization Policies, 2000) â€Å"Monetary Policy is the deliberate control of the money supply for the purpose of achieving macroeconomic goals which are full employment, price stability, and steady economic growth. † (Gregory, 2011:149). From the authors knowledge, a change (increase or decrease) in the money supply has a opposite effect on interest rates, and this has an impact on the amount of investment spending. Therefore utilizing either (or both) fiscal and monetary policy may help a government stabilize the economy in times of turmoil and uncertainty.The different stages of growth or recession throughout the years is commonly referred to as the business cycle. The business cycle is, according to Roux (2002:25), comprised of four elements: a trough, and expansion (called a boom), a peak and a downswing (called a recession). A stabilization policy could therefore be used to combat the foreseeable trends that the business cycle seems to follow, although the two schools of thought differ in the way in which they believe these trends arise. Keynesian vs. ClassicalWhen compa ring and contrasting the views of both the Keynesian and Classical economists when it comes to the business cycle, it becomes clear that the way in which these schools of thought differ on this topic is crucial to understanding their stance towards stabilization policy. The main difference in their views of the business cycle are the ways in which the trends and stages in the business cycle come about. Mohr and Fourie (2008:512) support this by stating that classical economists attribute the fluctuations in the business cycle to exogenous factors, while Keynesians believe the business cycle to be an endogenous phenomenon.From the above sentence, it becomes apparent to the author that Keynesians would be strong advocates of stabilization policies in the economy as this would enable them to use it in reducing the negative effects that arise out of said endogenous phenomenon. This being said, the government can simply not know enough, soon enough. As a result the problem of policy lags arises. Policy lags are defined as â€Å"Time lags that occur between the onset of an economic problem and the full impact of the policy intended to correct the problem. † (Policy Lags, 2000).With this in mind, the author concludes that while strong advocates of stabilization policy, Keynesians would prefer moderate and general practice in this regard, rather than a constantly changing policy as this comes with many shortfalls, policy lags being one. Classical economists on the other hand would see few, if any, benefits from implementing a stabilization policy, this is supported by Economics USA (2013) that states â€Å"Classical and neo-classical economists believe that there is little the government can do to reduce unemployment and increase GDP/GNP growth, especially in the long run.They maintain that in the long run, fiscal stimulus raises interest rates and monetary stimulus raises prices without affecting real growth. † From this the author can deduce that it bo ils down to the question of government intervention, where classical economists believe little or no intervention is needed, and Keynesians believing the contrary. Stabilization in South Africa â€Å"The South African economy has experienced remarkable stabilisation in the course of the last decade, and since 1999 the economy has been expanding in what is now by far the longest business cycle expansion in the country’s history. (Du Plessis , Smit & Sturzenegger. 2007:5). Leading up to the 1994 elections, many economists were concerned with the sustainability of South African fiscal policy. This had a lot to do with the amount of government debt. â€Å"Government debt was rising fast, and the associated interest burden had risen to more than 5% of GDP. â€Å"(Du Plessis et al. 2007:6). Stability thereafter was a priority, not only in prices but in the economy as a whole.This notion of stability can also be seen in the most recent budget speech of finance minister Pravin Gor dan where fiscal sustainability is again cited as a priority, especially the role of taxation. â€Å"A review will be initiated this year of our tax policy framework and its role in supporting the objectives of inclusive growth, employment, development and fiscal sustainability† (Gordan, 2013). This makes clear to the author that although growth is top priority, unregulated growth is not and that the government still has a role to play in maintaining the sustainability of prices and growth in the country.Government legislature can be crediting in the strengthening and stabilizing of the economy, as Du Plessis et al (2007:7) state : â€Å"An important milestone of fiscal reform was the Public Finance Management Act of 1999, which legislated the need for regular financial reporting, sound expenditure controls and a strengthened system of supervision and audit. † In the authors opinion, although the government has not the part of the government in monitoring and encouragi ng sound fiscal principles. ConclusionIt becomes clear that stabilization policy is worthwhile from the Keynesian point of view, where government intervention is encouraged and seen as part of a healthy and prosperous economy. The author supports these views as he believes that the stabilization policies have helped, either directly or indirectly, in the preservation and stability of the South African economy, as well as many other emerging economies. This is largely, but not limited to, due to the government's ability to influence the budget deficit through taxation and its expenditure and its control of the country's fiscal policy.Reference list Du Plessis, S. , Smit, B. , & Sturzenegger, F. 2007. THE CYCLICALITY OF MONETARY AND FISCAL POLICY IN SOUTH AFRICA SINCE 1994. July 2007 Economics USA. 2013. Stabilization Policy. [Online]. Available: http://www. learner. org/series/econusa/unit26/ [2013, April 10] Gordan, P. 2013 . (2013, February). Budget Speech 2013. Speech presented at Parliament, Pretoria, Gauteng. Gregory, P. R. 2004. Essentials of Economics. 6th ed. Prentice Hall: London Mohr, P. & Fourie, L. 008. Economics for South African students. 4th ed. Van Schaik: Pretoria Lipsey, R. G. 1993. An Introduction to Positive Economics. 7th ed. Oxford University Press: New York Policy Lags. 2000. [Online]. Available: http://www. amosweb. com/cgi-bin/awb_nav. pl [2013, April 10] Roux, A. 2002. Everyone's guide to the South African Economy. 7th ed. Zebra Press: Cape Town Stabilization Policies. 2000. [Online]. Available: http://www. amosweb. com/cgi-bin/awb_nav. pl? s=wpd;c=dsp;k=stabi