Search results
Results From The WOW.Com Content Network
The numbers allotted to any individual account represent a cash-free income, and expenditure is accomplished with personally written check, purchase-card swipe or electronic transfer. The amount in each individual account is adjusted according to income or expenditure by simple math (addition or subtraction) which only represent changes in the ...
To him, the meaning of individual self-interest is a combination of economic and psychological needs. [ 13 ] [ page needed ] Fulfilling self-interest is often common within the economic realm of the social exchange theory where competition and greed can be common. [ 14 ]
Gift-giving is a form of transfer of property rights over particular objects. The nature of those property rights varies from society to society, from culture to culture. They are not universal. The nature of gift-giving is thus altered by the type of property regime in place. [12]
Cash transfer programmes in developing countries are constrained by three factors: financial resources, institutional capacity and ideology. [3] Governments in poorer countries tend to have restricted financial resources, and are therefore limited in the amount they can invest both directly in cash transfers and in measures to ensure that such programmes are effective. [3]
Unconditional cash transfer (UCT) programs are philanthropic programs that aim to reduce poverty by providing financial welfare without any conditions upon the receivers' actions. [1] This differentiates them from conditional cash transfers where the government (or a charity) only transfers the money to persons who meet certain criteria. [2]
This means explicit costs will always have a dollar value and involve a transfer of money, e.g. paying employees. [6] With this said, these particular costs can easily be identified under the expenses of a firm's income statement and balance sheet to represent all the cash outflows of a firm. [7] [6] Examples are as follows: [5] [8]
Quintile measures of inequality satisfy the transfer principle only in its weak form because any changes in income distribution outside the relevant quintiles are not picked up by this measures; only the distribution of income between the very rich and the very poor matters while inequality in the middle plays no role.
Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. [1]