Friday, June 20, 2014

CORRUPTION

CORRUPTION is a dishonest, untruthful or decptive behaviour in which someone uses power in order to get an advantage for himself.

TYPES OF CORRUPTION

1) BRIBERY: is dishonestly giving money to someone in order to persuade hime or her to do something that will help the person who has given the money dishonestly.

Thursday, June 19, 2014

GROUP

A GROUP is a number of individuals who interact recurrently according to come pattern of social organization.
A GROUP in social psychological sense is a plurality of persons who interact with one another in a given context more than they interact with anyone else.

TYPES OF GROUP
PRIMARY GROUP: It is the nursery of human nature, human personality is formed here. The roles played by primary group in the process of socialization are enormous. Through the, people learn the 'whys' and 'wherefores' of social things.
In primary group, there is no reward system i.e. Mothers, fathers and children who are members of this group do not get promotions and medals for good performance.

ERICKSON THEORY OF CHILD DEVELOPMENT

According to this theory of personality, the human development is discontinuous preceeding through series of stages.
a) Infancy: from birth to 18 months
b) Early Childhood: from 18months to 3 years
c) Play Age/Preschooler: from 3 years to 5 years
d)School Age: from 7 years to 12 years
e) Adolescent: from 12 years to 18 years
f) Young Adulthood: from 18 years to 20 years
g) Adulthood: from 20 years to 35 years
h) Mature Age: from 60 years and above

Wednesday, June 18, 2014

BASIC ECONOMICS TERM 1

INDIVIDUAL DEMAND: is the demand of one individual or firm. It represents the quantity of a good that a single consumer would buy at a specific price at a specific point in time.
MARKET DEMAND: provides the total quantity demanded by all consumers. In other words, it represents the aggregate of all two basic types of market demand i.e. Primary (total demand for all the brands that represent a given product or service) and Selective (the demand for one particular brand of product or service)

Monday, June 16, 2014

DIFFERENCES BETWEEN CHANGE IN DEMAND AND CHANGE IN QUANTITY DEMANDED

CHANGE IN DEMAND A change in demand is a change in quantity a consumer is demanding which does not necessarily come about by changing price. This means that the quantity change without a price change. This change in demand is due to other factors that affect demand other than price of the commodity.