Price Controls applied by the Qatar Government Literature review

Price Controls applied by the Qatar Government - Literature review Example Agriculture is also a vital sector in the Qatar economy because of the objective of Qatar, which is food security. Qatar is the main importer of agricultural goods.   Price Floors regards the minimum prices put by the government for particular goods and services, which it considers producers to be trading in an unjust market with very low prices, and hence such producers, need some assistance. Price floors become a problem when the government puts them higher than the equilibrium price. Once the prices are higher than the market price, there is a likelihood that there will be a surplus or excess supply. In case this takes place, producers who cannot predict difficulty ahead will make the bigger quantity where the new price crosses their supply curve (Wessels, 2006). Clients will not purchase that many products at a higher price and so those products will end up unsold. There could be a serious economic depression if producers notice that there is insufficient demand, and in reactio n reduces production. There exists deadweight loss linked with this decrease in quantity, mirrored in the loss of producer and customer surplus at lesser points of production. This policy can be of benefit to the producers, although only if they have an elastic supply curve and thus they do not have any net loss. This type of government does not favor consumers. They are the losers, as they pay high prices and the certain prices drive some out of the market, as they cannot afford the products. There are many policies of the government for putting up a price floor and handling its consequences. They may put an easy price floor, put production quotas or employ price support. In Price supports, the government puts a minimum price, and then purchases all the surplus or excess supply (Carbaugh, 2011). This is normally more incompetent and expensive for the government and community as a whole than for the government to subsidize the firms concerned. Either the Production quotas increase t he price by limiting production using authorized quotas or giving firms incentives to decrease their production. In Qatar, for instance, the government applies these techniques extensively with oil and agriculture. The government compensates the farmers to maintain some parts of their lands uncultivated, hence increasing prices.  Ã‚  

Sociology Assignment Example | Topics and Well Written Essays - 1250 words

Sociology - Assignment Example Similarly G.S. Thompson notes that education is how the environment influences an individual to bring about permanent changes in the behavior as well as habits of an individual. Therefore, the term education is a pedagogical process as well as a component that nourishes the body, mind, soul of ignorance. This study focuses on different key aspects as well the as the context of education. This is coupled by objectives and importance of having education in place (Brayl & Murray, 1998). The concept of education This study views education in two aspects. These are the narrow aspect and the wider aspect. Narrow aspect In the narrow education aspect, the field of education is necessary in imparting instructions in schools or colleges. Here, there is direct involvement between the teacher and the student interacting with one another. There is a well stipulated order in which the education process has to be delivered. For instance, the key areas of focus include; objectives of education, cur riculum, teaching methodology, including discipline in the educational process as well as application of evaluation techniques. The narrower aspect of education is purposefully directed to the development of a child through schooling. ... According to Dewey, education is the progressive acquisition of experiences and abilities in which one incorporates throughout his life in the control of environment as well as reaching the limits of possibilities. These two approaches are very important in development of human beings in particular. Generally, the understanding of the concept of education can be viewed in the most appropriate way. There are two concepts of education that are most relevant in the contemporary human development. First, we have the ‘Banking concept’ and then the ‘Modern concept’. The modern concept In the modern concept of education, there is a great emphasis on the shift individual development to national development. Here, education does not only focus on the social change but also on the national development. It is believed through national revolution, there will be realization of economic gains. This is a concept that most countries have adopted and others being encouraged to adopt in order ascertain national development that is now thriving the development process of the modern countries. This has been particularly important in social, economic and political interests of national development. The banking concept The banking concept of education is teacher-student interactive concept. This is the most important in the formal or non-formal modes of education. The teacher is perceived to give or deposit knowledge while the student is the receiver of that particular knowledge. The teacher communicates and gives instructions as the student listens, memorizes and practices the communique of the teacher. Here, the teacher uses evaluation methods to find out if the communicated information was well incorporated by the student. The information that would have been well