1.
Bank of Tanzania
–
The Bank of Tanzania is the central bank of the United Republic of Tanzania. It is responsible for issuing the currency, the Tanzanian shilling. The bank was established under the Bank of Tanzania Act 1965, however, in 1995, the government decided that the central bank had too many responsibilities, and was thus hindering its other objectives. As a result, the government introduced the Bank of Tanzania Act 1995 and it is governed by a Board of Directors consisting of ten people, four of whom are ex officio members which have three advisory committees that can assist them. The bank is headed by its Governor, assisted by three deputy governors in Administration, Economic and financial policies and Financial stability. The Bank of Tanzania was chartered by the first parliament of Tanzania through the Bank of Tanzania Act of 1965 following the dissolution of the East African Currency Board in 1965. The bank commenced operations on June 14,1966 and was inaugurated by the first president of the country, immediately after its formation, the Arusha declaration was proclaimed and the traditional roles of the bank was modified to accommodate for the changed in economic system. The lack of competition in the financial markets meant the bank had to reorient its role in the economy, the Act shifted the responsibility of financial planning from the ministry of finance and planning directly to the bank. The act was further clarified in 2006 and is the current governing act for the bank, the Bank of Tanzania has a board of directors consisting of 10 people. Four of the members are appointed by the President of Tanzania. The ministry of Finance and the Principal secretary to the treasury of the Revolutionary Government of Zanzibar also appoint a member each to the board, the banks latest branch was opened in Mtwara due to the recent boom in economic growth in the southern regions. The bank also has its own training institute located in Mwanza, the Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. In 2016 the central Bank Chief Professor Benno Ndulu renewed the banks commitment by launching the National Financial Inclusion Framework, the objective is to reduce the number vulnerable households due to low unstable incomes, low confidence and self-exclusion from the current 28.2 per cent. Recently, Bank of Tanzania was involved in an incident which resulted in an audit of its External Arrears Account, about Tshs 133 billion were discovered to have been lost in 2005 through dubious payments. As a result, the President of Tanzania fired the banks Governor, D. T. S. Ballali, Professor Benno Ndullu was appointed to take this position on the same day. Official website Bank of Tanzania Act 1995
Bank of Tanzania
–
The Bank of Tanzania
2.
Dar es Salaam
–
Dar es Salaam is the largest city of Tanzania and the largest city in eastern Africa by population, as well as a regionally important economic centre. It is Tanzanias most prominent city in arts, fashion, media, music, film and it is Tanzanias leading financial centre with the Dar es Salaam Stock Exchange being the countrys first and most important stock exchange market. Dar es Salaam is the largest and most populous Swahili-speaking city in the world, the city is the leading arrival and departure point for most tourists who visit tourism areas in Tanzania like the national parks for safaris and the islands of Zanzibar. The region had a population of 4,364,541 as of the official 2012 census, although Dar es Salaam lost its status as the nations capital to Dodoma in 1974, it remains the focus of the permanent central government bureaucracy. In the 19th century, Mzizima was a fishing village on the periphery of Indian Ocean trade routes. In 1865 or 1866, Sultan Majid bin Said of Zanzibar began building a new city very close to Mzizima, the name is commonly translated as abode/home of peace, based on the Arabic dar, and the Arabic es salaam. Dar es Salaam fell into decline after Majids death in 1870, German East Africa was captured by the British during World War I and became Tanganyika, with Dar es Salaam the administrative and commercial centre. Under British indirect rule, separate European and African areas developed at a distance from the city centre, the citys population also included a large number of south Asians. After World War II, Dar es Salaam experienced a period of rapid growth, political developments, including the formation and growth of the Tanganyika African National Union, led to Tanganyika attaining independence from colonial rule in December 1961. Dar es Salaam continued to serve as its capital, even when in 1964 Tanganyika, in 1973, however, provisions were made to relocate the capital to Dodoma, a more centrally located city in the interior. The relocation process has not yet completed, and Dar es Salaam remains Tanzanias primary city. In 1967, the Tanzanian government declared the Ujamaa policy, that set Tanzania into a socialist path, the move slowed down the potential growth of the city as the government encouraged people not to move in cities but stay in Ujamaa socialist villages. But by 1980s the Ujamaa policy proved to be a failure into combating increasing poverty, hunger and this led to the 1980s liberalization policy that virtually ended socialism and its spirit within the Tanzanias government. The move led to increasing migration of rural dwellers from rural areas into cities with Dar es Salaam becoming the city in receiving migrants from rural areas. Until the late 1990s, Dar es Salaam was not put into the category as Africas leading cities like Nairobi, Johannesburg, Lagos. The CBD skyline hosts tall buildings, among them the 35-floor PSPF Tower, finished in 2015, Dar es Salaam is located at 6°48 South, 39°17 East, on a natural harbour on the eastern coast of Africa, with sandy beaches in some areas. Administratively, the Dar es Salaam region is divided into five districts, Ilala, Kinondoni, Ubungo, Kigamboni, Dar es Salaam is the largest city in Tanzania. With a population increase of 5.6 percent per year from 2002 to 2012, the city is the third fastest growing in Africa, after Bamako and Lagos
Dar es Salaam
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Dar es Salaam city skyline
Dar es Salaam
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Dar es Salaam in 1930s
Dar es Salaam
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Dar es Salaam Cenotaph
Dar es Salaam
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Bank of Tanzania
3.
Tanzanian shilling
–
For earlier currencies used in Tanzania, see East African florin, East African rupee, East African shilling, Zanzibari rupee, Zanzibari ryal and German East African rupie. The shilingi is the currency of Tanzania and it is subdivided into 100 senti. The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par, amount in the Tanzanian shilingi is written in the form of x/y, where x is the amount above 1 shilingi, while y is the amount in senti. An equals sign or hyphen represent zero amount, for example,50 senti is written as =/50 or -/50, while 100 shilingi is written as 100/= or 100/-. In common, daily use, the symbol TSh is used. In 1966, coins were introduced in denominations of 5,20 and 50 senti and 1 shilingi, with the 5 senti struck in bronze, the 20 senti in nickel-brass, cupro-nickel 5 shilingi coins were introduced in 1972, followed by scalloped, nickel-brass 10 senti in 1977. This First Series coins set, in circulation from 1966 up to 1984, was designed by Christopher Ironside OBE. In 1987, nickel-clad steel replaced cupro-nickel in the 50 senti and 1 shilingi, in 1990, nickel-clad-steel 5,10 and 20 shilingi were introduced, followed by brass coins for 100 shilingi in 1994,50 shilingi in 1996 and 200 shilingi in 1998. Coins currently in circulation are the 50,100 and 200 shilingi, a 500 shilingi coin was issued on the 8 September 2014 On 14 June 1966, the Benki Kuu Ya Tanzania introduced notes for 5,10,20 and 100 shillingi. The 5 shillingi note was replaced by a coin in 1972,50 shillingi notes were introduced in 1985, followed by 200 shilingi in 1986,500 shillingi in 1989 and 1000 shillingi in 1990. The 10,20,50 and 100 shillingi notes were replaced by coins in 1987,1990,1996 and 1994,5000 and 10,000 shillingi notes were introduced in 1995, followed by 2000 shilingi in 2003. A new series of notes came out in 2011 and these new notes include many security features that prevent counterfeiting. Banknotes in circulation today are 500,1000,2000,5000 and 10,000 shilingi, economy of Tanzania Notes Sources Bank of Tanzania page on circulating banknotes
Tanzanian shilling
–
1000 shillings
Tanzanian shilling
Tanzanian shilling
4.
East African Community
–
John Magufuli, the president of Tanzania, is the EACs chairman. The organisation was founded in 1967, collapsed in 1977, the EAC is an integral part of the African Economic Community. The EAC is a precursor to the establishment of the East African Federation. In 2010, the EAC launched its own common market for goods, labour, in 2013, a protocol was signed outlining their plans for launching a monetary union within 10 years. Kenya, Tanzania, and Uganda have cooperated with each other since the early 20th century, Burundi and Rwanda joined the EAC on 6 July 2009. Inter-territorial co-operation between the Kenya Colony, the Uganda Protectorate, and the Tanganyika Territory was formalised in 1948 by the EAHC and this provided a customs union, a common external tariff, currency, and postage. It also dealt with common services in transport and communications, research, the new organisation ran into difficulties because of the lack of joint planning and fiscal policy, separate political policies, and Kenyas dominant economic position. In 1967, the EACSO was superseded by the EAC and this body aimed to strengthen the ties between the members through a common market, a common customs tariff, and a range of public services to achieve balanced economic growth within the region. The three member states lost over sixty years of co-operation and the benefits of economies of scale, the EAC was revived on 30 November 1999, when the treaty for its re-establishment was signed. It came into force on 7 July 2000,23 years after the collapse of the previous community, a customs union was signed in March 2004, which commenced on 1 January 2005. Kenya, the regions largest exporter, continued to pay duties on goods entering the four countries on a declining scale until 2010. A common system of tariffs will apply to imported from third-party countries. On 30 November 2016 it was declared that the aim would be confederation rather than federation. This was contradicted by President Salva Kiir, who announced South Sudan had begun the process one month later. The application was deferred by the EAC in December 2012, however incidents with Ugandan boda-boda operators in South Sudan have created political tension and may delay the process. In December 2012, Tanzania agreed to South Sudan’s bid to join the EAC, in May 2013 the EAC set aside US$82,000 for the admission of South Sudan into the bloc even though admission may not happen until 2016. The process, to start after the EAC Council of Ministers meeting in August 2013, was projected to take at least four years. A team was formed to assess South Sudans bid, however, in April 2014 and those recommendations, however, had not been released to the public
East African Community
–
From left to right: President
Yoweri Museveni of Uganda, President
Mwai Kibaki of Kenya, and President
Jakaya Kikwete of Tanzania during the eighth EAC summit in
Arusha, November 2006.
East African Community
–
Flag
East African Community
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Dar es Salaam, the East African Community's most populous city.
East African Community
–
Dar es Salaam Nairobi
5.
Southern African Development Community
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The Southern African Development Community is an inter-governmental organization headquartered in Gaborone, Botswana. Its goal is to further cooperation and integration as well as political. It complements the role of the African Union, the immediate forerunner of the political and security cooperation leg of todays SADC was the informal Frontline States grouping. The Southern African Development Coordination Conference was the forerunner of the socio-economic cooperation leg of todays SADC, the adoption by nine majority-ruled southern African countries of the Lusaka declaration on 1 April 1980 paved the way for the formal establishment of SADCC in April 1980. Membership of the FLS and SADCC sometimes differed, SADCC was transformed into SADC on 17 August 1992, with the adoption by the founding members of SADCC and newly independent Namibia of the Windhoek declaration and treaty establishing SADC. The 1992 SADC provided for both socio-economic cooperation and political and security cooperation, in reality, the FLS was dissolved only in 1994, after South Africas first democratic elections. Subsequent efforts to place political and security cooperation on an institutional footing under SADCs umbrella failed. On 14 August 2001, the 1992 SADC treaty was amended, the amendment heralded the overhaul of the structures, policies and procedures of SADC, a process which is ongoing. One of the changes is that political and security cooperation is institutionalised in the Organ on Politics, Defence, one of the principal SADC bodies, it is subject to the oversight of the organisations supreme body, the Summit, which comprises the heads of state or government. The organisation holds its own event in the form of the SADC Games. Originally planned for a date in Malawi and Lesotho, organisational issues led to abandonment of the plan. The first event in 2004 in Maputo resulted in over 1000 youths under-20 from 10 countries taking part in a programme including athletics, football, netball, boxing. SADC has 27 legally binding protocols dealing with such as Defence, Development, Illicit Drug Trade, Free Trade. Protocol on Energy – Intended to promote development of national energy policies. H. E. The SADC Free Trade Area was established in August 2008, after the implementation of the SADC Protocol on Trade in 2000 laid the foundation for its formation. Its original members were Botswana, Lesotho, Madagascar, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Tanzania, Zambia and Zimbabwe, of the 15 SADC member states, only Angola, the Democratic Republic of Congo and Seychelles are not yet participating. The leaders of the three trading blocs agreed to create a free trade zone, the African Free Trade Zone. It is hoped the African Free Trade Zone agreement would ease access to markets within the zone, the only difference is that the African Free Trade Zone is the creation of independent African Countries
Southern African Development Community
–
SADC headquarters building in
Gaborone,
Botswana.
Southern African Development Community
–
Flag
6.
African Union
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The African Union is a continental union consisting of all 55 countries on the African continent. It was established on 26 May 2001 in Addis Ababa, Ethiopia, the most important decisions of the AU are made by the Assembly of the African Union, a semi-annual meeting of the heads of state and government of its member states. The AUs secretariat, the African Union Commission, is based in Addis Ababa, the objectives of the AU are, To achieve greater unity and solidarity between the African countries and Africans. To defend the sovereignty, territorial integrity and independence of its Member States, to accelerate the political and social-economic integration of the continent. To promote and defend African common positions on issues of interest to the continent, to encourage international cooperation, taking due account of the Charter of the United Nations and the Universal Declaration of Human Rights. To promote peace, security, and stability on the continent, to promote democratic principles and institutions, popular participation and good governance. To promote and protect human and peoples rights in accordance with the African Charter on Human and Peoples Rights, to establish the necessary conditions which enable the continent to play its rightful role in the global economy and in international negotiations. To promote sustainable development at the economic, social and cultural levels as well as the integration of African economies, to promote co-operation in all fields of human activity to raise the living standards of African peoples. To coordinate and harmonize the policies between the existing and future Regional Economic Communities for the attainment of the objectives of the Union. To advance the development of the continent by promoting research in all fields, in particular in science, to work with relevant international partners in the eradication of preventable diseases and the promotion of good health on the continent. The African Union is made up of political and administrative bodies. The highest decision-making organ is the Assembly of the African Union, the Assembly is chaired by Idriss Déby, President of Chad. The AU also has a body, the Pan African Parliament. Its president is Bethel Nnaemeka Amadi, the AU Commission, the secretariat to the political structures, is chaired by Nkosazana Dlamini-Zuma of South Africa. On 15 July 2012, Ms. Dlamini-Zuma won a contested vote to become the first female head of the African Union Commission. The main administrative capital of the African Union is in Addis Ababa, Ethiopia, a new headquarters complex, the AU Conference Center and Office Complex, was inaugurated on 28 January 2012, during the 18th AU summit. The tower is 99.9 meters high to signify the date 9 September 1999, the AU covers the entire continent except for several territories held by Spain, France, Portugal and the United Kingdom. AU troops were deployed in Sudan for peacekeeping during Darfur conflict
African Union
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The African Union's headquarters complex in
Addis Ababa.
African Union
African Union
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South Sudanese independence referendum, 2011
African Union
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Muammar Gaddafi embracing Tanzanian President
Kikwete after assuming the chairmanship.
7.
World Trade Organisation
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The World Trade Organization is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade, most of the issues that the WTO focuses on derive from previous trade negotiations, especially from the Uruguay Round. The WTO is attempting to complete negotiations on the Doha Development Round, as of June 2012, the future of the Doha Round remained uncertain, the work programme lists 21 subjects in which the original deadline of 1 January 2005 was missed, and the round is still incomplete. This impasse has made it impossible to launch new WTO negotiations beyond the Doha Development Round, as a result, there have been an increasing number of bilateral free trade agreements between governments. As of July 2012, there were various groups in the WTO system for the current agricultural trade negotiation which is in the condition of stalemate. The WTOs current Director-General is Roberto Azevêdo, who leads a staff of over 600 people in Geneva, a trade facilitation agreement, part of the Bali Package of decisions, was agreed by all members on 7 December 2013, the first comprehensive agreement in the organizations history. Seven rounds of negotiations occurred under GATT, the first real GATT trade rounds concentrated on further reducing tariffs. Then, the Kennedy Round in the mid-sixties brought about a GATT anti-dumping Agreement, because these plurilateral agreements were not accepted by the full GATT membership, they were often informally called codes. Several of these codes were amended in the Uruguay Round, only four remained plurilateral, but in 1997 WTO members agreed to terminate the bovine meat and dairy agreements, leaving only two. Well before GATTs 40th anniversary, its members concluded that the GATT system was straining to adapt to a new globalizing world economy. In response to the problems identified in the 1982 Ministerial Declaration, the GATT still exists as the WTOs umbrella treaty for trade in goods, updated as a result of the Uruguay Round negotiations. GATT1994 is not however the only legally binding agreement included via the Final Act at Marrakesh, the highest decision-making body of the WTO is the Ministerial Conference, which usually meets every two years. It brings together all members of the WTO, all of which are countries or customs unions, the Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements. When agricultural export subsidies were agreed to be phased out and adoption of the European Unions Everything, the WTO launched the current round of negotiations, the Doha Development Round, at the fourth ministerial conference in Doha, Qatar in November 2001. This was to be an effort to make globalization more inclusive and help the worlds poor, particularly by slashing barriers. The initial agenda comprised both further trade liberalization and new rule-making, underpinned by commitments to strengthen substantial assistance to developing countries. Among the various functions of the WTO, these are regarded by analysts as the most important and it provides a forum for negotiations and for settling disputes. Another priority of the WTO is the assistance of developing, least-developed and low-income countries in transition to adjust to WTO rules and disciplines through technical cooperation and training
World Trade Organisation
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The economists
Harry White (left) and
John Maynard Keynes at the
Bretton Woods Conference. Both had been strong advocates of a central-controlled international trade environment and recommended the establishment of three institutions: the
IMF (for fiscal and monetary issues); the
World Bank (for financial and structural issues); and the
ITO (for international economic cooperation).
World Trade Organisation
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Official logo of WTO
World Trade Organisation
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During the
Doha Round, the
US government blamed
Brazil and
India for being inflexible and the EU for impeding agricultural imports. The then-
President of Brazil,
Luiz Inácio Lula da Silva (above right), responded to the criticisms by arguing that progress would only be achieved if the richest countries (especially the US and countries in the EU) made deeper cuts in
agricultural subsidies and further opened their markets for agricultural goods.
World Trade Organisation
–
The
World Trade Organization Ministerial Conference of 1998, in the
Palace of Nations (
Geneva,
Switzerland).
8.
Gross domestic product
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Gross Domestic Product is a monetary measure of the market value of all final goods and services produced in a period. Nominal GDP estimates are used to determine the economic performance of a whole country or region. The OECD defines GDP as a measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production. ”An IMF publication states that GDP measures the monetary value of final goods and services - that is. Total GDP can also be broken down into the contribution of industry or sector of the economy. The ratio of GDP to the population of the region is the per capita GDP. William Petty came up with a concept of GDP to defend landlords against unfair taxation during warfare between the Dutch and the English between 1652 and 1674. Charles Davenant developed the method further in 1695, the modern concept of GDP was first developed by Simon Kuznets for a US Congress report in 1934. In this report, Kuznets warned against its use as a measure of welfare, after the Bretton Woods conference in 1944, GDP became the main tool for measuring a countrys economy. The switch from GNP to GDP in the US was in 1991, the history of the concept of GDP should be distinguished from the history of changes in ways of estimating it. The value added by firms is relatively easy to calculate from their accounts, but the value added by the sector, by financial industries. GDP can be determined in three ways, all of which should, in principle, give the same result and they are the production approach, the income approach, or the expenditure approach. The most direct of the three is the approach, which sums the outputs of every class of enterprise to arrive at the total. The income approach works on the principle that the incomes of the factors must be equal to the value of their product. This approach mirrors the OECD definition given above, deduct intermediate consumption from gross value to obtain the gross value added. Gross value added = gross value of output – value of intermediate consumption, value of output = value of the total sales of goods and services plus value of changes in the inventories. The sum of the value added in the various economic activities is known as GDP at factor cost. GDP at factor cost plus indirect taxes less subsidies on products = GDP at producer price, for measuring output of domestic product, economic activities are classified into various sectors. Subtracting each sectors intermediate consumption from gross output gives the GDP at factor cost, adding indirect tax minus subsidies in GDP at factor cost gives the GDP at producer prices
Gross domestic product
–
Selection of GDP PPP data (top 10 countries and blocks) in no particular order
9.
List of countries by GDP (nominal)
–
Gross domestic product is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, such fluctuations may change a countrys ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Comparisons of national wealth are also made on the basis of purchasing power parity. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures, india has also experienced a similar economic boom since the implementation of neoliberal reforms in the early 1990s. When supranational entities are included, the European Union is the second largest economy in the world and it was the largest from 2004, when ten countries joined the union, to 2014, after which it was surpassed by the United States. Several economies which are not considered to be countries are included in the lists because they appear in the sources as distinct economies and these economies are italicized and not ranked in the charts, but are listed where applicable. List of countries by GDP List of countries by GDP per capita List of countries by GDP per capita
List of countries by GDP (nominal)
–
A map of world economies by size of GDP (nominal) in USD,
World Bank, 2014.
10.
Inflation
–
In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time resulting in a loss of value of currency. When the price rises, each unit of currency buys fewer goods. Consequently, inflation reflects a reduction in the power per unit of money – a loss of real value in the medium of exchange. A chief measure of inflation is the inflation rate, the annualized percentage change in a general price index, usually the consumer price index. The opposite of inflation is deflation, Inflation affects economies in various positive and negative ways. Economists generally believe that high rates of inflation and hyperinflation are caused by a growth of the money supply. However, money supply growth does not necessarily cause inflation, some economists maintain that under the conditions of a liquidity trap, large monetary injections are like pushing on a string. Views on which factors determine low to moderate rates of inflation are more varied, low or moderate inflation may be attributed to fluctuations in real demand for goods and services, or changes in available supplies such as during scarcities. However, the view is that a long sustained period of inflation is caused by money supply growing faster than the rate of economic growth. Today, most economists favor a low and steady rate of inflation, the task of keeping the rate of inflation low and stable is usually given to monetary authorities. Rapid increases in quantity of the money or in the money supply have occurred in many different societies throughout history. By diluting the gold with other metals, the government could issue more coins without also needing to increase the amount of used to make them. When the cost of each coin is lowered in this way and this practice would increase the money supply but at the same time the relative value of each coin would be lowered. As the relative value of the coins becomes lower, consumers would need to give more coins in exchange for the same goods and these goods and services would experience a price increase as the value of each coin is reduced. Song Dynasty China introduced the practice of printing paper money in order to create fiat currency, during the Mongol Yuan Dynasty, the government spent a great deal of money fighting costly wars, and reacted by printing more money, leading to inflation. Fearing the inflation that plagued the Yuan dynasty, the Ming Dynasty initially rejected the use of paper money, historically, large infusions of gold or silver into an economy also led to inflation. This was largely caused by the influx of gold and silver from the New World into Habsburg Spain. The silver spread throughout a previously cash-starved Europe and caused widespread inflation, demographic factors also contributed to upward pressure on prices, with European population growth after depopulation caused by the Black Death pandemic
Inflation
–
Two 20 kr gold coins from the
Scandinavian Monetary Union, a historical example of an international gold standard.
Inflation
–
Annual inflation rates in the United States from 1666 to 2004.
11.
Consumer price index
–
A consumer price index measures changes in the price level of market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of items whose prices are collected periodically. It is one of several price indices calculated by most national statistical agencies, the annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index the real value of wages, salaries, pensions, for regulating prices, in most countries, the CPI is, along with the population census one of the most closely watched national economic statistics. Basic types of data that are needed to construct the CPI, price data, the price data are collected for a sample of goods and services from a sample of sales outlets in a sample of locations for a sample of times. The weighting data are estimates of the shares of the different types of expenditure in the total expenditure covered by the index, therefore, the sampling variance cannot be calculated. In any case, an estimate is required in most of the purposes for which the index is used. These indices compare prices each month with prices in the price-reference month and it takes time to assemble and process the information used for weighting which, in addition to household expenditure surveys, may include trade and tax data. Ideally, the weights would relate to the composition of expenditure during the time between the month and the current month. There is a large technical economics literature on index formulae which would approximate this, such an index would show how consumer expenditure would have to move to compensate for price changes so as to allow consumers to maintain a constant standard of living. Approximations can only be computed retrospectively, whereas the index has to appear monthly and, preferably, the coverage of the index may be limited. Saving and investment are always excluded, though the prices paid for services provided by financial intermediaries may be included along with insurance. The index reference period, usually called the year, often differs both from the weight-reference period and the price reference period. This is just a matter of rescaling the whole time-series to make the value for the index reference-period equal to 100. Current Item Price = Base Year Price × Current CPI Base Year CPI or CPI2 CPI1 = Price 2 Price 1 Where 1 is usually the comparison year, alternatively, the CPI can be performed as CPI = updated cost base period cost ×100. The updated cost is divided by that of the initial year, many but not all price indices are weighted averages using weights that sum to 1 or 100. Example, The prices of 85,000 items from 22,000 stores, and 35,000 rental units are added together and averaged. They are weighted this way, Housing,41. 4%, Food and Beverage,17. 4%, Transport,17. 0%, Medical Care,6. 9%, Other,6. 9%, Apparel,6. 0%, Entertainment,4. 4%
Consumer price index
–
A graph of the
US CPI from 1913 to 2014 (in blue), and its percentage annual change (in red)
12.
Poverty threshold
–
The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country. In practice, like the definition of poverty, the official or common understanding of the poverty line is higher in developed countries than in developing countries. In 2008, the World Bank came out with a figure of $1.25 at 2005 purchasing-power parity, the new IPL replaces the $1.25 per day figure, which used 2005 data. Most scholars agree that it better reflects todays reality, particularly new price levels in developing countries, the common international poverty line has in the past been roughly $1 a day. At present the percentage of the population living under extreme poverty is likely to fall below 10% according to the World Bank projections released in 2015. Determining the poverty line is usually done by finding the total cost of all the resources that an average human adult consumes in one year. Individual factors are used to account for various circumstances, such as whether one is a parent, elderly. The poverty threshold may be adjusted annually, charles Booth, a pioneering investigator of poverty in London at the turn of the 20th century, popularised the idea of a poverty line, a concept originally conceived by the London School Board. Booth set the line at 10 to 20 shillings per week, to secure the necessaries of a healthy life, which included fuel and light, rent, food, clothing, and household and personal items. Based on data from leading nutritionists of the period, he calculated the cheapest price for the minimum calorific intake and nutritional balance necessary and he considered this amount to set his poverty line and concluded that 27. 84% of the total population of York lived below this poverty line. Rowntree distinguished between primary poverty, those lacking in income and secondary poverty, those who had enough income, Absolute poverty is the level of poverty as defined in terms of the minimal requirements necessary to afford minimal standards of food, clothing, health care and shelter. For the measure to be absolute, the line must be the same in different countries, cultures, such an absolute measure should look only at the individuals power to consume and it should be independent of any changes in income distribution. Notice that if real income in an economy increases. Measuring poverty by a threshold has the advantage of applying the same standard across different locations and time periods. For example, a living in far northern Scandinavia requires a source of heat during colder months. The term absolute poverty is sometimes used as a synonym for extreme poverty. Absolute poverty is the absence of resources to secure basic life necessities. It depends not only on income but also on access to services, safe drinking water, Water must not come solely from rivers and ponds, and must be available nearby
Poverty threshold
–
Percentage of population living on less than
$ 1.25 per day.
UN estimates 2000–2007.
13.
Gini coefficient
–
The Gini coefficient is a measure of statistical dispersion intended to represent the income or wealth distribution of a nations residents, and is the most commonly used measure of inequality. It was developed by the Italian statistician and sociologist Corrado Gini, the Gini coefficient measures the inequality among values of a frequency distribution. A Gini coefficient of zero expresses perfect equality, where all values are the same, a Gini coefficient of 1 expresses maximal inequality among values. However, a greater than one may occur if some persons represent negative contribution to the total. For larger groups, values close to or above 1 are very unlikely in practice, the exception to this is in the redistribution of wealth resulting in a minimum income for all people. When the population is sorted, if their distribution were to approximate a well known function. The Gini coefficient was proposed by Gini as a measure of inequality of income or wealth, the global income Gini coefficient in 2005 has been estimated to be between 0.61 and 0.68 by various sources. There are some issues in interpreting a Gini coefficient, the same value may result from many different distribution curves. The demographic structure should be taken into account, Countries with an aging population, or with a baby boom, experience an increasing pre-tax Gini coefficient even if real income distribution for working adults remains constant. Scholars have devised over a dozen variants of the Gini coefficient, the line at 45 degrees thus represents perfect equality of incomes. The Gini coefficient can then be thought of as the ratio of the area lies between the line of equality and the Lorenz curve over the total area under the line of equality. It is also equal to 2A and to 1 - 2B due to the fact that A + B =0.5. If all people have non-negative income, the Gini coefficient can theoretically range from 0 to 1, in practice, both extreme values are not quite reached. If negative values are possible, then the Gini coefficient could theoretically be more than 1, normally the mean is assumed positive, which rules out a Gini coefficient less than zero. An alternative approach would be to consider the Gini coefficient as half of the mean absolute difference. The effects of income policy due to redistribution can be seen in the linear relationships. An informative simplified case just distinguishes two levels of income, low and high, if the high income group is u % of the population and earns a fraction f % of all income, then the Gini coefficient is f − u. An actual more graded distribution with these same values u and f will always have a higher Gini coefficient than f − u, the proverbial case where the richest 20% have 80% of all income would lead to an income Gini coefficient of at least 60%
Gini coefficient
–
Graphical representation of the Gini coefficient The graph shows that the Gini coefficient is equal to the area marked A divided by the sum of the areas marked A and B, that is, Gini = A / (A + B). It is also equal to 2* A due to the fact that A + B = 0.5 (since the axes scale from 0 to 1).
14.
Gold
–
Gold is a chemical element with symbol Au and atomic number 79. In its purest form, it is a bright, slightly yellow, dense, soft, malleable. Chemically, gold is a metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions, Gold often occurs in free elemental form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the element silver and also naturally alloyed with copper. Less commonly, it occurs in minerals as gold compounds, often with tellurium, golds atomic number of 79 makes it one of the higher numbered, naturally occurring elements. It is thought to have produced in supernova nucleosynthesis, from the collision of neutron stars. Because the Earth was molten when it was formed, almost all of the present in the early Earth probably sank into the planetary core. Gold is resistant to most acids, though it does dissolve in aqua regia, a mixture of acid and hydrochloric acid. Gold also dissolves in solutions of cyanide, which are used in mining and electroplating. Gold dissolves in mercury, forming amalgam alloys, but this is not a chemical reaction, as a precious metal, gold has been used for coinage, jewelry, and other arts throughout recorded history. A total of 186,700 tonnes of gold is in existence above ground, the world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry. Gold is also used in infrared shielding, colored-glass production, gold leafing, certain gold salts are still used as anti-inflammatories in medicine. As of 2014, the worlds largest gold producer by far was China with 450 tonnes, Gold is cognate with similar words in many Germanic languages, deriving via Proto-Germanic *gulþą from Proto-Indo-European *ǵʰelh₃-. The symbol Au is from the Latin, aurum, the Latin word for gold, the Proto-Indo-European ancestor of aurum was *h₂é-h₂us-o-, meaning glow. This word is derived from the root as *h₂éu̯sōs, the ancestor of the Latin word Aurora. This etymological relationship is presumably behind the frequent claim in scientific publications that aurum meant shining dawn, Gold is the most malleable of all metals, a single gram can be beaten into a sheet of 1 square meter, and an avoirdupois ounce into 300 square feet. Gold leaf can be thin enough to become semi-transparent
Gold
–
Gold, 79 Au
Gold
–
Moche gold necklace depicting feline heads.
Larco Museum Collection. Lima-Peru
Gold
–
Mirror for the future
James Webb Space Telescope coated in gold to reflect infrared light
Gold
–
The
world's largest gold bar has a mass of 250 kg.
Toi museum,
Japan.
15.
Tobacco
–
Tobacco is a product prepared from the leaves of the tobacco plant by curing them. The plant is part of the genus Nicotiana and of the Solanaceae family, while more than 70 species of tobacco are known, the chief commercial crop is N. tabacum. The more potent variant N. rustica is also used around the world, Tobacco contains the alkaloid nicotine, which is a stimulant. Dried tobacco leaves are used for smoking in cigarettes, cigars, pipe tobacco. They can be consumed as snuff, chewing tobacco, dipping tobacco. Tobacco use is a factor for many diseases, especially those affecting the heart, liver. In 2008, the World Health Organization named tobacco as the single greatest preventable cause of death. The English word tobacco originates from the Spanish and Portuguese word tabaco, the precise origin of this word is disputed, but it is generally thought to have derived at least in part, from Taino, the Arawakan language of the Caribbean. In Taino, it was said to either a roll of tobacco leaves or to tabago. Tobacco has long used in the Americas, with some cultivation sites in Mexico dating back to 1400–1000 BC. Many Native American tribes have traditionally grown and used tobacco, traditionally, tobacco is seen as a gift from the Creator, with the ceremonial tobacco smoke carrying ones thoughts and prayers to the Creator. Following the arrival of the Europeans to the Americas, tobacco became popular as a trade item. Hernández de Boncalo, Spanish chronicler of the Indies, was the first European to bring seeds to the Old World in 1559 following orders of King Philip II of Spain. These seeds were planted in the outskirts of Toledo, more specifically in a known as Los Cigarrales named after the continuous plagues of cicadas. Before the development of lighter Virginia and white burley strains of tobacco, small quantities were smoked at a time, using a pipe like the midwakh or kiseru or smoking newly invented waterpipes such as the bong or the hookah. The alleged benefits of tobacco also account for its considerable success, Tobacco smoking, chewing, and snuffing became a major industry in Europe and its colonies by 1700. Tobacco has been a major crop in Cuba and in other parts of the Caribbean since the 18th century. In the late 19th century, cigarettes became popular, James Bonsack created a machine that automated cigarette production
Tobacco
–
Tobacco can also be pressed into plugs and sliced into flakes.
Tobacco
–
A historic kiln in
Myrtleford, Victoria, Australia
Tobacco
–
Basma tobacco leaves drying in the sun at
Pomak village in
Xanthi, Greece
Tobacco
–
William Michael Harnett (American, 1848-1892), Still Life with Three Castles Tobacco, 1880,
Brooklyn Museum
16.
Fish products
–
Fish and fish products is consumed as food all over the world. With other seafoods, it provides the worlds source of high-quality protein. Over one billion people rely on fish as their source of animal protein. Fish and other organisms are also processed into various food and non-food products. In Ancient Roman society, garum, a type of fish sauce condiment, was popular, sharkskin and rayskin which are covered with, in effect, tiny teeth were formerly used in the same manner as sandpaper is in the modern era. These skins are used to make leather. Rayskin leather is used in the manufacture of hilts of traditional Japanese swords, some other species of fish are also used to make fish leather, and this material is more and more popular among luxury brands such as Prada, Dior, Fendi, and also emerging designers. Thus, it is now possible to wear made of salmon leather. Once tanned, the leather is non-odorous and is stronger than other, traditional, the flesh of many fish are primarily valued as a source of food, there are many edible species of fish, and many fish produce edible roe. Other marine life taken as food includes shellfish, crustaceans, Sea plants such as kombu are used in some regional cuisine. Surimi refers to a Japanese food product intended to mimic the meat of lobster, crab and it is typically made from white-fleshed fish that has been pulverized to a paste and attains a rubbery texture when cooked. Fish glue is made by boiling the skin, bones and swim bladders of fish, fish glue has long been valued for its use in all manner of products from illuminated manuscripts to the Mongolian war bow. Fish emulsion is an emulsion that is produced from the fluid remains of fish processed for fish oil. Fish hydrolysate is ground up fish carcasses, after the usable portions are removed for human consumption, the remaining fish body – guts, bones, cartilage, scales, meat, etc. – are put into water and ground up. Fish meal is made from whole fish and the bones and offal from processed fish. It is a powder or cake obtained by rendering pressing the whole fish or fish trimmings to remove the fish oil. It used as a supplement in aquaculture feed. Fish sauce is a condiment that is derived from fish that have allowed to ferment
Fish products
–
Antonio Sicurezza, still-life with
anchovies (1972)
Fish products
–
Fishing industry
Fish products
–
Aquaculture
Fish products
–
Wild
17.
Cashew
–
The cashew tree is a tropical evergreen tree that produces the cashew nut and the cashew apple. It can grow as high as 14 m, but the dwarf cashew, growing up to 6 m, has proved profitable, with earlier maturity. The cashew nut, often called a cashew, is widely consumed. It is eaten on its own, used in recipes, or processed into cashew cheese or cashew butter, the shell of the cashew seed yields derivatives that can be used in many applications from lubricants to paints. The cashew apple is a reddish to yellow fruit, whose pulp can be processed into a sweet. The species is native to northeastern Brazil. Major production of cashews occurs in Vietnam, Nigeria, India and its English name derives from the Portuguese name for the fruit of the cashew tree caju, which itself is derived from the Tupian word acajú, literally meaning nut that produces itself. The generic name Anacardium, originally from the Greek, refers to the location of the seed outside the core or heart of the fruit. A mid-seventeenth century ethnographic painting by Albert Eckhout, who accompanied Dutch governor-general Johan Maurits, the cashew tree is large and evergreen, growing to 14 m tall, with a short, often irregularly shaped trunk. The leaves are arranged, leathery textured, elliptic to obovate, 4–22 cm long and 2–15 cm broad. The flowers are produced in a panicle or corymb up to 26 cm long, each flower is small, pale green at first, then turning reddish, with five slender, acute petals 7–15 mm long. The largest cashew tree in the covers a area around 7,500 m2, it is located in Natal, Rio Grande do Norte. The fruit of the tree is an accessory fruit. What appears to be the fruit is an oval or pear-shaped structure, a hypocarpium, that develops from the pedicel, called the cashew apple, better known in Central America as marañón, it ripens into a yellow and/or red structure about 5–11 cm long. It is edible, and has a sweet smell and a sweet taste. The pulp of the apple is very juicy, but the skin is fragile. The true fruit of the tree is a kidney or boxing-glove shaped drupe that grows at the end of the cashew apple. The drupe develops first on the tree, and then the pedicel expands to become the cashew apple, within the true fruit is a single seed, which is often considered a nut, in the culinary sense
Cashew
–
Cashew
Cashew
–
'Anacardium occidentale', from Koehler's 'Medicinal-Plants' (1887)
Cashew
–
Flower of cashew tree
Cashew
–
Cashew tree
18.
Cotton
–
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus Gossypium in the mallow family Malvaceae. The fiber is almost pure cellulose, under natural conditions, the cotton bolls will tend to increase the dispersal of the seeds. The plant is a native to tropical and subtropical regions around the world, including the Americas, Africa. The greatest diversity of wild species is found in Mexico, followed by Australia. Cotton was independently domesticated in the Old and New Worlds, the fiber is most often spun into yarn or thread and used to make a soft, breathable textile. Current estimates for world production are about 25 million tonnes or 110 million bales annually, China is the worlds largest producer of cotton, but most of this is used domestically. The United States has been the largest exporter for many years, in the United States, cotton is usually measured in bales, which measure approximately 0.48 cubic meters and weigh 226.8 kilograms. Cotton cultivation in the region is dated to the Indus Valley Civilization, the Indus cotton industry was well-developed and some methods used in cotton spinning and fabrication continued to be used until the industrialization of India. Between 2000 and 1000 BC cotton became widespread across much of India, for example, it has been found at the site of Hallus in Karnataka dating from around 1000 BC. Cotton fabrics discovered in a cave near Tehuacán, Mexico have been dated to around 5800 BC, the domestication of Gossypium hirsutum in Mexico is dated between 3400 and 2300 BC. Cotton was grown upriver, made into nets, and traded with fishing villages along the coast for supplies of fish. The Spanish who came to Mexico and Peru in the early 16th century found the people growing cotton and this may be a reference to tree cotton, Gossypium arboreum, which is a native of the Indian subcontinent. According to the Columbia Encyclopedia, Cotton has been spun, woven and it clothed the people of ancient India, Egypt, and China. Hundreds of years before the Christian era, cotton textiles were woven in India with matchless skill, in Iran, the history of cotton dates back to the Achaemenid era, however, there are few sources about the planting of cotton in pre-Islamic Iran. The planting of cotton was common in Merv, Ray and Pars of Iran, in Persian poets poems, especially Ferdowsis Shahname, there are references to cotton. Marco Polo refers to the products of Persia, including cotton. John Chardin, a French traveler of the 17th century who visited the Safavid Persia, during the Han dynasty, cotton was grown by Chinese peoples in the southern Chinese province of Yunnan. Mohamed Ali Pasha accepted the proposition and granted himself the monopoly on the sale and export of cotton in Egypt, and later dictated cotton should be grown in preference to other crops
Cotton
–
Cotton
Cotton
–
Manually decontaminating cotton before processing at an Indian spinning mill (2010)
Cotton
–
Cotton field
Cotton
–
Cotton plant
19.
Clove
–
Cloves are the aromatic flower buds of a tree in the family Myrtaceae, Syzygium aromaticum. They are native to the Maluku Islands in Indonesia, and are used as a spice. Cloves are commercially harvested primarily in Bangladesh, Indonesia, India, Madagascar, Zanzibar, Pakistan, Sri Lanka, cloves are available throughout the year. The clove tree is an evergreen that grows up to 8–12 m tall, with large leaves, the flower buds initially have a pale hue, gradually turn green, then transition to a bright red when ready for harvest. Cloves are harvested at 1. 5–2.0 cm long, and consist of a calyx that terminates in four spreading sepals. Cloves are used in the cuisine of Asian, African, and the Near and Middle East countries, lending flavor to meats, curries, cloves may be used to give aromatic and flavor qualities to hot beverages, often combined with other ingredients such as lemon and sugar. They are an element in spice blends such as pumpkin pie spice. In Mexican cuisine, cloves are best known as clavos de olor and they are also used in Peruvian cuisine, in a wide variety of dishes as carapulcra and arroz con leche. A major component of clove taste is imparted by the chemical eugenol, and it pairs well with cinnamon, allspice, vanilla, red wine and basil, as well as onion, citrus peel, star anise, or peppercorns. The spice is used in a type of cigarette called kretek in Indonesia, clove cigarettes have been smoked throughout Europe, Asia and the United States. Starting in 2009, clove cigarettes must be classified as cigars in the US, because of the bioactive chemicals of clove, the spice may be used as an ant repellent. Cloves can be used to make a fragrance pomander when combined with an orange, when given as a gift in Victorian England, such a pomander indicated warmth of feeling. Cloves are used in Indian Ayurvedic medicine, Chinese medicine, and western herbalism, cloves are used as a carminative, to increase hydrochloric acid in the stomach and to improve peristalsis. Cloves are also said to be a natural anthelmintic, the essential oil is used in aromatherapy when stimulation and warming are needed, especially for digestive problems. Topical application over the stomach or abdomen are said to warm the digestive tract, applied to a cavity in a decayed tooth, it also relieves toothache. Because the herb is so warming, it is contraindicated in any persons with fire symptoms, the U. S. Food and Drug Administration has reclassified eugenol, downgrading its effectiveness rating. The FDA now believes not enough evidence indicates clove oil or eugenol is effective for toothache pain or a variety of types of pain. Studies to determine its effectiveness for fever reduction, as a mosquito repellent and it remains unproven whether clove may reduce blood sugar levels
Clove
–
Clove
Clove
–
Dried cloves
Clove
–
Clove model of a
proa
20.
Diamond
–
Diamond is a metastable allotrope of carbon, where the carbon atoms are arranged in a variation of the face-centered cubic crystal structure called a diamond lattice. Diamond is less stable than graphite, but the rate from diamond to graphite is negligible at standard conditions. Diamond is renowned as a material with superlative physical qualities, most of which originate from the covalent bonding between its atoms. In particular, diamond has the highest hardness and thermal conductivity of any bulk material and those properties determine the major industrial application of diamond in cutting and polishing tools and the scientific applications in diamond knives and diamond anvil cells. Because of its extremely rigid lattice, it can be contaminated by very few types of impurities, such as boron, small amounts of defects or impurities color diamond blue, yellow, brown, green, purple, pink, orange or red. Diamond also has relatively high optical dispersion, most natural diamonds are formed at high temperature and pressure at depths of 140 to 190 kilometers in the Earths mantle. Carbon-containing minerals provide the source, and the growth occurs over periods from 1 billion to 3.3 billion years. Diamonds are brought close to the Earths surface through deep volcanic eruptions by magma, Diamonds can also be produced synthetically in a HPHT method which approximately simulates the conditions in the Earths mantle. An alternative, and completely different growth technique is chemical vapor deposition, several non-diamond materials, which include cubic zirconia and silicon carbide and are often called diamond simulants, resemble diamond in appearance and many properties. Special gemological techniques have developed to distinguish natural diamonds, synthetic diamonds. The word is from the ancient Greek ἀδάμας – adámas unbreakable, the name diamond is derived from the ancient Greek αδάμας, proper, unalterable, unbreakable, untamed, from ἀ-, un- + δαμάω, I overpower, I tame. Diamonds have been known in India for at least 3,000 years, Diamonds have been treasured as gemstones since their use as religious icons in ancient India. Their usage in engraving tools also dates to early human history, later in 1797, the English chemist Smithson Tennant repeated and expanded that experiment. By demonstrating that burning diamond and graphite releases the same amount of gas, the most familiar uses of diamonds today are as gemstones used for adornment, a use which dates back into antiquity, and as industrial abrasives for cutting hard materials. The dispersion of light into spectral colors is the primary gemological characteristic of gem diamonds. In the 20th century, experts in gemology developed methods of grading diamonds, four characteristics, known informally as the four Cs, are now commonly used as the basic descriptors of diamonds, these are carat, cut, color, and clarity. A large, flawless diamond is known as a paragon and these conditions are met in two places on Earth, in the lithospheric mantle below relatively stable continental plates, and at the site of a meteorite strike. The conditions for diamond formation to happen in the mantle occur at considerable depth corresponding to the requirements of temperature and pressure
Diamond
–
The slightly misshapen octahedral shape of this rough diamond crystal in matrix is typical of the mineral. Its lustrous faces also indicate that this crystal is from a primary deposit.
Diamond
–
One face of an uncut octahedral diamond, showing trigons (of positive and negative relief) formed by natural chemical etching
Diamond
–
Schematic diagram of a volcanic pipe
Diamond
–
Diamond and graphite are two
allotropes of carbon: pure forms of the same element that differ in structure.
21.
Horticulture
–
Horticulture is the branch of agriculture that deals with the art, science, technology, and business of growing plants. It includes the cultivation of plants, fruits, vegetables, nuts, seeds, herbs, sprouts, mushrooms, algae, flowers, seaweeds and non-food crops such as grass and ornamental trees. It also includes plant conservation, landscape restoration, landscape and garden design, construction, and maintenance, inside agriculture, horticulture contrasts with extensive field farming as well as animal husbandry. Horticulturists apply their knowledge, skills, and technologies used to grow intensively produced plants for food and non-food uses. Their work involves plant propagation and cultivation with the aim of improving plant growth, yields, quality, nutritional value, and resistance to insects, diseases and they work as gardeners, growers, therapists, designers, and technical advisors in the food and non-food sectors of horticulture. Horticulture even refers to the growing of plants in a field or garden, hortus is cognate with the native English word yard and also the borrowed word garden. Turf management includes all aspects of the production and maintenance of grass for sports. Floriculture includes the production and marketing of floral crops, landscape horticulture includes the production, marketing and maintenance of landscape plants. Olericulture includes the production and marketing of vegetables, pomology includes the production and marketing of pome fruits. Viticulture includes the production and marketing of grapes, oenology includes all aspects of wine and winemaking. Postharvest physiology involves maintaining the quality of and preventing the spoilage of plants, Horticulture has a very long history. The practice of horticulture can be retraced for many thousands of years, the cultivation of taro and yam in Papua New Guinea dates back to at least 6950–6440 cal BP. In the Pre-Columbian Amazon Rainforest, natives are believed to have used biochar to enhance productivity by smoldering plant waste. European settlers called it Terra Preta de Indio, in forest areas such horticulture is often carried out in swiddens. A characteristic of horticultural communities is that trees are often to be found planted around communities or specially retained from the natural ecosystem. Horticulture primarily differs from agriculture in two ways, first, it generally encompasses a smaller scale of cultivation, using small plots of mixed crops rather than large fields of single crops. Secondly, horticultural cultivations generally include a variety of crops. Agricultural cultivations however as a focus on one primary crop
Horticulture
–
A fruit and vegetable market in Milan
Horticulture
–
A vertical garden
Horticulture
–
Horticultural and health-related produce
Horticulture
–
Gardening
22.
Sisal
–
SISAL is a general-purpose single assignment functional programming language with strict semantics, implicit parallelism, and efficient array handling. SISAL outputs a dataflow graph in Intermediary Form 1 and it was derived from VAL, and adds recursion and finite streams. It has a Pascal-like syntax and was designed to be a common language for numerical programs on a variety of multiprocessors. SISAL was defined in 1983 by James McGraw et al. at the University of Manchester, LLNL, Colorado State University and it was revised in 1985, and the first compiled implementation was made in 1986. Its performance is superior to C and rivals Fortran, according to sources, combined with efficient. SISALs name came from grepping sal for Single Assignment Language from the Unix dictionary /usr/dict/words, versions exist for the Cray X-MP, Y-MP,2, Sequent, Encore Alliant, DEC VAX-11/784, dataflow architectures, KSR1, Transputers and systolic arrays. The requirements for a fine-grain parallelism language are better met with a language than a systems language. SISAL is more than just a dataflow and fine-grain language and it is a set of tools that convert a textual human readable dataflow language into a graph format. Part of the SISAL project also involved converting this graph format into runable C code, SISAL saw a brief resurgence in 2010 when a group of undergraduates at Worcester Polytechnic Institute investigated implementing a fine-grain parallelism backend for the SISAL language. This article is based on material taken from the Free On-line Dictionary of Computing prior to 1 November 2008 and incorporated under the terms of the GFDL. VAL Overview Sisal Language Tutorial SISAL Parallel Programming SourceForge. net project page
Sisal
23.
India
–
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and it is bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast. It shares land borders with Pakistan to the west, China, Nepal, and Bhutan to the northeast, in the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives. Indias Andaman and Nicobar Islands share a border with Thailand. The Indian subcontinent was home to the urban Indus Valley Civilisation of the 3rd millennium BCE, in the following millennium, the oldest scriptures associated with Hinduism began to be composed. Social stratification, based on caste, emerged in the first millennium BCE, early political consolidations took place under the Maurya and Gupta empires, the later peninsular Middle Kingdoms influenced cultures as far as southeast Asia. In the medieval era, Judaism, Zoroastrianism, Christianity, and Islam arrived, much of the north fell to the Delhi sultanate, the south was united under the Vijayanagara Empire. The economy expanded in the 17th century in the Mughal empire, in the mid-18th century, the subcontinent came under British East India Company rule, and in the mid-19th under British crown rule. A nationalist movement emerged in the late 19th century, which later, under Mahatma Gandhi, was noted for nonviolent resistance, in 2015, the Indian economy was the worlds seventh largest by nominal GDP and third largest by purchasing power parity. Following market-based economic reforms in 1991, India became one of the major economies and is considered a newly industrialised country. However, it continues to face the challenges of poverty, corruption, malnutrition, a nuclear weapons state and regional power, it has the third largest standing army in the world and ranks sixth in military expenditure among nations. India is a constitutional republic governed under a parliamentary system. It is a pluralistic, multilingual and multi-ethnic society and is home to a diversity of wildlife in a variety of protected habitats. The name India is derived from Indus, which originates from the Old Persian word Hindu, the latter term stems from the Sanskrit word Sindhu, which was the historical local appellation for the Indus River. The ancient Greeks referred to the Indians as Indoi, which translates as The people of the Indus, the geographical term Bharat, which is recognised by the Constitution of India as an official name for the country, is used by many Indian languages in its variations. Scholars believe it to be named after the Vedic tribe of Bharatas in the second millennium B. C. E and it is also traditionally associated with the rule of the legendary emperor Bharata. Gaṇarājya is the Sanskrit/Hindi term for republic dating back to the ancient times, hindustan is a Persian name for India dating back to the 3rd century B. C. E. It was introduced into India by the Mughals and widely used since then and its meaning varied, referring to a region that encompassed northern India and Pakistan or India in its entirety
India
–
Flag
India
–
The granite
tower of
Brihadeeswarar Temple in
Thanjavur was completed in 1010 CE by
Raja Raja Chola I.
India
–
Writing the will and testament of the Mughal king court in Persian, 1590–1595
24.
China
–
China, officially the Peoples Republic of China, is a unitary sovereign state in East Asia and the worlds most populous country, with a population of over 1.381 billion. The state is governed by the Communist Party of China and its capital is Beijing, the countrys major urban areas include Shanghai, Guangzhou, Beijing, Chongqing, Shenzhen, Tianjin and Hong Kong. China is a power and a major regional power within Asia. Chinas landscape is vast and diverse, ranging from forest steppes, the Himalaya, Karakoram, Pamir and Tian Shan mountain ranges separate China from much of South and Central Asia. The Yangtze and Yellow Rivers, the third and sixth longest in the world, respectively, Chinas coastline along the Pacific Ocean is 14,500 kilometers long and is bounded by the Bohai, Yellow, East China and South China seas. China emerged as one of the worlds earliest civilizations in the basin of the Yellow River in the North China Plain. For millennia, Chinas political system was based on hereditary monarchies known as dynasties, in 1912, the Republic of China replaced the last dynasty and ruled the Chinese mainland until 1949, when it was defeated by the communist Peoples Liberation Army in the Chinese Civil War. The Communist Party established the Peoples Republic of China in Beijing on 1 October 1949, both the ROC and PRC continue to claim to be the legitimate government of all China, though the latter has more recognition in the world and controls more territory. China had the largest economy in the world for much of the last two years, during which it has seen cycles of prosperity and decline. Since the introduction of reforms in 1978, China has become one of the worlds fastest-growing major economies. As of 2016, it is the worlds second-largest economy by nominal GDP, China is also the worlds largest exporter and second-largest importer of goods. China is a nuclear weapons state and has the worlds largest standing army. The PRC is a member of the United Nations, as it replaced the ROC as a permanent member of the U. N. Security Council in 1971. China is also a member of numerous formal and informal multilateral organizations, including the WTO, APEC, BRICS, the Shanghai Cooperation Organization, the BCIM, the English name China is first attested in Richard Edens 1555 translation of the 1516 journal of the Portuguese explorer Duarte Barbosa. The demonym, that is, the name for the people, Portuguese China is thought to derive from Persian Chīn, and perhaps ultimately from Sanskrit Cīna. Cīna was first used in early Hindu scripture, including the Mahābhārata, there are, however, other suggestions for the derivation of China. The official name of the state is the Peoples Republic of China. The shorter form is China Zhōngguó, from zhōng and guó and it was then applied to the area around Luoyi during the Eastern Zhou and then to Chinas Central Plain before being used as an occasional synonym for the state under the Qing
China
–
Yinxu, ruins of an ancient
palace dating from the
Shang Dynasty (14th century BCE)
China
–
Flag
China
–
Some of the thousands of life-size
Terracotta Warriors of the
Qin Dynasty, c. 210 BCE
China
–
The
Great Wall of China was built by several dynasties over two thousand years to protect the sedentary agricultural regions of the
Chinese interior from incursions by
nomadic pastoralists of the northern
steppes.
25.
Japan
–
Japan is a sovereign island nation in Eastern Asia. Located in the Pacific Ocean, it lies off the eastern coast of the Asia Mainland and stretches from the Sea of Okhotsk in the north to the East China Sea, the kanji that make up Japans name mean sun origin. 日 can be read as ni and means sun while 本 can be read as hon, or pon, Japan is often referred to by the famous epithet Land of the Rising Sun in reference to its Japanese name. Japan is an archipelago consisting of about 6,852 islands. The four largest are Honshu, Hokkaido, Kyushu and Shikoku, the country is divided into 47 prefectures in eight regions. Hokkaido being the northernmost prefecture and Okinawa being the southernmost one, the population of 127 million is the worlds tenth largest. Japanese people make up 98. 5% of Japans total population, approximately 9.1 million people live in the city of Tokyo, the capital of Japan. Archaeological research indicates that Japan was inhabited as early as the Upper Paleolithic period, the first written mention of Japan is in Chinese history texts from the 1st century AD. Influence from other regions, mainly China, followed by periods of isolation, from the 12th century until 1868, Japan was ruled by successive feudal military shoguns who ruled in the name of the Emperor. Japan entered into a period of isolation in the early 17th century. The Second Sino-Japanese War of 1937 expanded into part of World War II in 1941, which came to an end in 1945 following the bombings of Hiroshima and Nagasaki. Japan is a member of the UN, the OECD, the G7, the G8, the country has the worlds third-largest economy by nominal GDP and the worlds fourth-largest economy by purchasing power parity. It is also the worlds fourth-largest exporter and fourth-largest importer, although Japan has officially renounced its right to declare war, it maintains a modern military with the worlds eighth-largest military budget, used for self-defense and peacekeeping roles. Japan is a country with a very high standard of living. Its population enjoys the highest life expectancy and the third lowest infant mortality rate in the world, in ancient China, Japan was called Wo 倭. It was mentioned in the third century Chinese historical text Records of the Three Kingdoms in the section for the Wei kingdom, Wa became disliked because it has the connotation of the character 矮, meaning dwarf. The 倭 kanji has been replaced with the homophone Wa, meaning harmony, the Japanese word for Japan is 日本, which is pronounced Nippon or Nihon and literally means the origin of the sun. The earliest record of the name Nihon appears in the Chinese historical records of the Tang dynasty, at the start of the seventh century, a delegation from Japan introduced their country as Nihon
Japan
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The
Golden Hall and
five-storey pagoda of
Hōryū-ji, among the oldest wooden buildings in the world,
National Treasures, and a
UNESCO World Heritage Site
Japan
Japan
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Samurai warriors face Mongols, during the
Mongol invasions of Japan. The
Kamikaze, two storms, are said to have saved Japan from Mongol fleets.
Japan
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Samurai could
kill a commoner for the slightest insult and were widely feared by the Japanese population.
Edo period, 1798
26.
Kenya
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Kenya, officially the Republic of Kenya, is a country in Africa and a founding member of the East African Community. Its capital and largest city is Nairobi and it is bordered by Tanzania to the south and southwest, Uganda to the west, South Sudan to the north-west, Ethiopia to the north and Somalia to the north-east. Kenya covers 581,309 km2, and had a population of approximately 48 million people in January 2017, Kenya has a warm and humid tropical climate on its Indian Ocean coastline. The climate is cooler in the grasslands around the capital city, Nairobi, and especially closer to Mount Kenya. Further inland are highlands in Central and Rift Valley regions where tea, in the West are Nyanza and Western regions, there is an equatorial, hot and dry climate which becomes humid around Lake Victoria, the largest tropical fresh-water lake in the world. This gives way to temperate and forested areas in the neighbouring western region. The north-eastern regions along the border with Somalia and Ethiopia are arid and semi-arid areas with near-desert landscapes, Kenya is known for its world class athletes in track and field and rugby. The African Great Lakes region, which Kenya is a part of, has been inhabited by humans since the Lower Paleolithic period, by the first millennium AD, the Bantu expansion had reached the area from West-Central Africa. Bantu and Nilotic populations together constitute around 97% of the nations residents, European and Arab presence in coastal Mombasa dates to the Early Modern period, European exploration of the interior began in the 19th century. The British Empire established the East Africa Protectorate in 1895, which starting in 1920 gave way to the Kenya Colony, Kenya obtained independence in December 1963. Following a referendum in August 2010 and adoption of a new constitution, Kenya is now divided into 47 semi-autonomous counties, the capital, Nairobi, is a regional commercial hub. The economy of Kenya is the largest by GDP in East, agriculture is a major employer, the country traditionally exports tea and coffee and has more recently begun to export fresh flowers to Europe. The service industry is also an economic driver. Additionally, Kenya is a member of the East African Community trading bloc, the Republic of Kenya is named after Mount Kenya. The origin of the name Kenya is not clear, but perhaps linked to the Kikuyu, Embu and Kamba words Kirinyaga, Kirenyaa, if so, then the British may not so much have mispronounced it, as misspelled it. In the 19th century, the German explorer Johann Ludwig Krapf was staying with the Bantu Kamba people when he first spotted the mountain. On asking for the name of the mountain, he was told Kĩ-Nyaa or Kĩĩma- Kĩĩnyaa probably because the pattern of black rock, the Agikuyu, who inhabit the slopes of Mt. Kenya, call it Kĩrĩma Kĩrĩnyaga in Kikuyu, which is quite similar to the Kamba name. Ludwig Krapf recorded the name as both Kenia and Kegnia believed by most to be a corruption of the Kamba version, others say that this was—on the contrary—a very precise notation of a correct African pronunciation /ˈkɛnjə/
Kenya
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A giraffe at
Nairobi National Park, with Nairobi's skyline in background
Kenya
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Flag
Kenya
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The
Turkana boy, a 1.6-million-year-old
hominid fossil belonging to
Homo erectus.
Kenya
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A traditional
Swahili carved wooden door in
Lamu.
27.
Belgium
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Belgium, officially the Kingdom of Belgium, is a sovereign state in Western Europe bordered by France, the Netherlands, Germany, Luxembourg, and the North Sea. It is a small, densely populated country which covers an area of 30,528 square kilometres and has a population of about 11 million people. Additionally, there is a group of German-speakers who live in the East Cantons located around the High Fens area. Historically, Belgium, the Netherlands and Luxembourg were known as the Low Countries, the region was called Belgica in Latin, after the Roman province of Gallia Belgica. From the end of the Middle Ages until the 17th century, today, Belgium is a federal constitutional monarchy with a parliamentary system of governance. It is divided into three regions and three communities, that exist next to each other and its two largest regions are the Dutch-speaking region of Flanders in the north and the French-speaking southern region of Wallonia. The Brussels-Capital Region is a bilingual enclave within the Flemish Region. A German-speaking Community exists in eastern Wallonia, Belgiums linguistic diversity and related political conflicts are reflected in its political history and complex system of governance, made up of six different governments. Upon its independence, declared in 1830, Belgium participated in the Industrial Revolution and, during the course of the 20th century, possessed a number of colonies in Africa. This continuing antagonism has led to several far-reaching reforms, resulting in a transition from a unitary to a federal arrangement during the period from 1970 to 1993. Belgium is also a member of the Eurozone, NATO, OECD and WTO. Its capital, Brussels, hosts several of the EUs official seats as well as the headquarters of major international organizations such as NATO. Belgium is also a part of the Schengen Area, Belgium is a developed country, with an advanced high-income economy and is categorized as very high in the Human Development Index. A gradual immigration by Germanic Frankish tribes during the 5th century brought the area under the rule of the Merovingian kings, a gradual shift of power during the 8th century led the kingdom of the Franks to evolve into the Carolingian Empire. Many of these fiefdoms were united in the Burgundian Netherlands of the 14th and 15th centuries, the Eighty Years War divided the Low Countries into the northern United Provinces and the Southern Netherlands. The latter were ruled successively by the Spanish and the Austrian Habsburgs and this was the theatre of most Franco-Spanish and Franco-Austrian wars during the 17th and 18th centuries. The reunification of the Low Countries as the United Kingdom of the Netherlands occurred at the dissolution of the First French Empire in 1815, although the franchise was initially restricted, universal suffrage for men was introduced after the general strike of 1893 and for women in 1949. The main political parties of the 19th century were the Catholic Party, French was originally the single official language adopted by the nobility and the bourgeoisie
Belgium
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Charlemagne and
Charles V
Belgium
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Flaga
Belgium
Belgium
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Episode of the
Belgian Revolution of 1830 (1834), by
Egide Charles Gustave Wappers
+7.4% Q1 2014 (22nd)[2]
4% (January 2015)[4]
India 21.4%
China 8.1%
Japan 5.1%
Kenya 4.6%
Belgium 4.3% (2015)[11]
United States 9.6%
Germany 6.8%
United Kingdom 4.3% (2015)[12]
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