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Aml, Anti Money Laundering

AML (Anti-Money Laundering) Anti-money laundering (AML) is a global initiative to prevent the movement of illegally gained funds. It involves a range of measures to detect, deter, and punish money laundering activities. Definition: Money laundering is the process of disguising the proceeds of crime as legitimate funds. It includes various activities, such as transferring money […]

2 mins read

Department Of Commerce & Industry

The Department of Commerce Industry is a key agency within the United States Department of Commerce responsible for promoting and supporting the growth and resilience of the American economy. It plays a vital role in shaping industry policies and programs, fostering international economic engagement, and providing data and analysis on various economic sectors. Key responsibilities: […]

2 mins read

Social Welfare

Social welfare is a broad concept that encompasses a wide range of activities and policies aimed at improving the well-being of individuals and communities. It involves addressing various aspects of human need, including health, education, poverty, housing, and social justice. Key Components of Social Welfare: 1. Health:– Healthcare services- Public health programs- Mental health services […]

2 mins read

Impeachment

Impeachment is a formal process of removing a public official from office. It is typically initiated by a member of the legislature, known as a “impeachor,” who accuses the official of wrongdoing. The impeachment process can then be carried out by the legislature, and the official may be removed from office if found guilty. Procedure: […]

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Amendment

An amendment is a change to a constitution or other document. There are two main types of amendments: 1. Substantive Amendments: These amendments change the substance of the document, usually by adding new rights or protections, or modifying existing ones. 2. Procedural Amendments: These amendments change the way the document is administered or implemented, such […]

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Trade War

A trade war occurs when two or more countries engage in a competitive devaluation of their currencies, imposition of tariffs, and other barriers against each other’s imports and exports. It can be instigated by various factors, including economic differences, political tension, and disputes over trade practices. Key characteristics of a trade war: Examples of recent […]

3 mins read

Political Economy

Political economy is a field of study that explores the relationship between political factors and economic outcomes. It is a subfield of economics that seeks to understand how political institutions and processes influence economic behavior and decision-making. Key concepts in political economy: Some key theories in political economy: Applications of political economy: Political economy has […]

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Judgment

Definition: Judgment is the process of making a decision or forming an opinion based on available information, experience, and personal values. It is a cognitive process that involves evaluating, analyzing, and interpreting information to form a conclusion or make a judgment. Types of Judgment: Factors Affecting Judgment: Examples of Judgment: Applications of Judgment: Conclusion: Judgment […]

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