Answer:
Answer to the first part is, Life long learning means actively engaging in learning and understanding from new experiences and scenarios. It is an Ongoing, Voluntary and Self-motivated process.
Answer to the second part is No. Not all successful people have college degrees.
Answer to the third part is discussed below.
Answer to the fourth part is discussed below.
Explanation:
3rd part:
Pros:
- You can get the access to all the required resources
- You can learn from the academics who have mastered their subjects
- There is a precise and clear syllabus and a framework in all the subjects you learn
Cons:
- The knowledge is mostly theoretical and may have significant discrepancies with the practical real-world scenarios
- you get specialized in a one filed of studies and you learn only about that stream
- Remember that old saying "Experience is better than Education?"
- It can be really expensive
<u>Alternatives to Going to college</u>
- Start a small business
- apprenticeships or fellowships
- Volunteer in various social and private endeavors and projects
- Join the military perhaps?
4th Question
It is a good idea to go to college if you have satisfied all the qualifications to enter college and if you have enough money. However, if you can't, then that is completely ok too!
Life is not about spending 4 years studying a specific subjects in a college. Most often, the most successful and the wealthiest people have never set a foot on a university! Learning from Experience, commitment, self motivation and good attitudes are all you need if you truly want to be successful and happy in life!
and the other part, Is college education the only way to continue to learn?
Of course NOT!! back at the early days this statement was true as most of the universal knowledge was centralized within universities and academics. But this is the 21st century and the dawn of the digital era has connected everyone and everything.Knowledge has now become accessible to anyone with a computer and an internet connection! It is no longer centralized inside colleges! All you require is a bit of self-discipline, curiosity and motivation!
The answer is: the system is owned by the banks.
Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government. Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence
Answer:
Demand, to the right.
Explanation:
Because productivity has increased, and (or) the demand for final products has increased as well, workers are both more desired because they are more productive, and more needed because more final products need to be made.
This will shift the labor demand curve to the right because demand for labor will rise.
Answer:
The money multiplier of the economy is 20
Explanation:
Money multiplier is the term of economics which is defined as the maximum amount, the money supply could rise grounded on the increase in the reserve in the system of banking.
The formula used for computing the money multiplier is as:
Money Multiplier = 1 / r
where
r is the reserve ratio that is 5%
So, putting the same value above:
Money Multiplier = 1 / 5%
Money Multiplier = 20
The correct answer is an <span>Intertemporal<span> choice.
</span></span><span>Saving money is an </span>Intertemporal choice.<span> because it involves less consumption in the present, but the ability to consume more in the future. Its a personal choice which people make accordingly depending on their needs, money and time.</span>
