ECONOMIC ANALYSIS |
|
Economic base analysis was developed by Robert Murray Haig in his work on the Regional Plan of New York in 1928. Briefly, activities in an area divide into two categories basic and non-basic. Basic industries are those exporting from the region; non-basic (or service) industries support basic industries. Because of data problems, it is not practical to study industry output and trade flows to and from a region. As an alternative, basic and non-basic concepts are operationalized using employment data.
|
HORTICULTURE |
|
The Latin words hortus (garden plant) and cultura (culture) together form horticulture, classically defined as the culture or growing of garden plants. Horticulturists work in plant propagation, crop production, plant breeding and genetic engineering, plant biochemistry, plant physiology, and the storage, processing, and transportation of fruits, berries, nuts, vegetables, flowers, trees, shrubs, and turf. They improve crop yield, quality, nutritional value, and resistance to insects, diseases, and environmental stresses. Genetics is also used as a valuable tool in the development of plants that can synthesize chemicals for fighting disease (including cancers).
|
REINSURANCE |
|
Reinsurance is a means by which an insurance company (called the reinsured, ceding company or cedant) shares the risk of loss with another insurance company (called the reinsurer).
|
|
