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All public schools and many private schools in Bangladesh follow the curriculum of NCTB. Starting in 2010, every year free books are distributed to students between Grade-1 to Grade-10 to eliminate illiteracy. [6] These books comprise most of the curricula of the majority of Bangladeshi schools. There are two versions of the curriculum.
Now even national curriculum books from class 5 to class 12 are distributed freely among all students and schools. The educational system of Bangladesh faces several problems. In the past, Bangladesh education was primarily a British modelled upper-class affair with all courses given in English and very little being done for the common people.
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Pratham Books, a non-profit organisation which publishes affordable, quality books for children, was set up in 2004 to complement Read India. It has published over 200 original titles in 10 Indian languages and reached over 14 million children.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
An 1880 painting by Jean-Eugène Buland showing a stark contrast in socioeconomic status. Socioeconomic status (SES) is an economic and sociological combined total measure of a person's work experience and of an individual's or family's access to economic resources and social position in relation to others.
An extremely important definition of income is Haig–Simons income, which defines income as Consumption + Change in net worth and is widely used in economics. [ 2 ] For households and individuals in the United States , income is defined by tax law as a sum that includes any wage , salary , profit , interest payment, rent , or other form of ...
Hollowing out of the middle class refers to its loss in income share beginning with Reaganomics. [300] [301] [302] The middle class is defined as the middle 20% of the income distribution, i.e. those between the 40th and 60th percentile. In 1980 the middle class earned 17% of total income in the United States.
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