Kerala, locally known as Keralam, is a state on the southwestern, Malabar Coast of India. It was formed on 1 November 1956, following passage of the States Reorganisation Act, by combining Malayalam-speaking regions. Spread over 38,863 km2, Kerala is the twenty-second largest Indian state by area, it is bordered by Karnataka to the north and northeast, Tamil Nadu to the east and south, the Lakshadweep Sea and Arabian Sea to the west. With 33,387,677 inhabitants as per the 2011 Census, Kerala is the thirteenth-largest Indian state by population, it is divided into 14 districts with the capital being Thiruvananthapuram. Malayalam is the most spoken language and is the official language of the state; the Chera Dynasty was the first prominent kingdom based in Kerala. The Ay kingdom in the deep south and the Ezhimala kingdom in the north formed the other kingdoms in the early years of the Common Era; the region had been a prominent spice exporter since 3000 BCE. The region's prominence in trade was noted in the works of Pliny as well as the Periplus around 100 CE.
In the 15th century, the spice trade attracted Portuguese traders to Kerala, paved the way for European colonisation of India. At the time of Indian independence movement in the early 20th century, there were two major princely states in Kerala-Travancore State and the Kingdom of Cochin, they united to form the state of Thiru-Kochi in 1949. The Malabar region, in the northern part of Kerala had been a part of the Madras province of British India, which became a part of the Madras State post-independence. After the States Reorganisation Act, 1956, the modern-day state of Kerala was formed by merging the Malabar district of Madras State, the state of Thiru-Kochi, the taluk of Kasaragod in South Canara, a part of Madras State; the economy of Kerala is the 12th-largest state economy in India with ₹7.73 lakh crore in gross domestic product and a per capita GDP of ₹163,000. Kerala has the lowest positive population growth rate in India, 3.44%. The state has witnessed significant emigration to Arab states of the Persian Gulf during the Gulf Boom of the 1970s and early 1980s, its economy depends on remittances from a large Malayali expatriate community.
Hinduism is practised by more than half of the population, followed by Christianity. The culture is a synthesis of Aryan, Dravidian and European cultures, developed over millennia, under influences from other parts of India and abroad; the production of pepper and natural rubber contributes to the total national output. In the agricultural sector, tea, coffee and spices are important; the state's coastline extends for 595 kilometres, around 1.1 million people in the state are dependent on the fishery industry which contributes 3% to the state's income. The state has the highest media exposure in India with newspapers publishing in nine languages English and Malayalam. Kerala is one of the prominent tourist destinations of India, with backwaters, hill stations, Ayurvedic tourism and tropical greenery as its major attractions; the name Kerala has an uncertain etymology. One popular theory derives Kerala from alam; the word Kerala is first recorded as Keralaputra in a 3rd-century BCE rock inscription left by the Maurya emperor Ashoka, one of his edicts pertaining to welfare.
The inscription refers to the local ruler as Keralaputra. This contradicts the theory that Kera is from "coconut tree". At that time, one of three states in the region was called Cheralam in Classical Tamil: Chera and Kera are variants of the same word; the word Cheral refers to the oldest known dynasty of Kerala kings and is derived from the Proto-Tamil-Malayalam word for "lake". The earliest Sanskrit text to mention Kerala is the Aitareya Aranyaka of the Rigveda. Kerala is mentioned in the Ramayana and the Mahabharata, the two Hindu epics; the Skanda Purana mentions the ecclesiastical office of the Thachudaya Kaimal, referred to as Manikkam Keralar, synonymous with the deity of the Koodalmanikyam temple. Keralam may stem from the Classical Tamil chera alam; the Greco-Roman trade map. According to Tamil classic Purananuru, Chera king Senkuttuvan conquered the lands between Kanyakumari and the Himalayas. Lacking worthy enemies, he besieged the sea by throwing his spear into it. According to the 17th century Malayalam work Keralolpathi, the lands of Kerala were recovered from the sea by the axe-wielding warrior sage Parasurama, the sixth avatar of Vishnu.
Parasurama threw his axe across the sea, the water receded as far as it reached. According to legend, this new area of land extended from Gokarna to Kanyakumari; the land which rose from sea was filled with unsuitable for habitation. Out of respect and all snakes were appo
Singapore the Republic of Singapore, is an island city-state in Southeast Asia. It lies one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23%; the country is known for its transition from a developing to a developed one in a single generation under the leadership of its founder Lee Kuan Yew. In 1819, Sir Stamford Raffles founded colonial Singapore as a trading post of the British East India Company. After the company's collapse in 1858, the islands were ceded to the British Raj as a crown colony. During the Second World War, Singapore was occupied by Japan, it gained independence from the British Empire in 1963 by joining Malaysia along with other former British territories, but separated two years over ideological differences, becoming a sovereign nation in 1965.
After early years of turbulence and despite lacking natural resources and a hinterland, the nation developed as an Asian Tiger economy, based on external trade and its workforce. Singapore is a global hub for education, finance, human capital, logistics, technology, tourism and transport; the city ranks in numerous international rankings, has been recognised as the most "technology-ready" nation, top International-meetings city, city with "best investment potential", world's smartest city, world's safest country, second-most competitive country, third least-corrupt country, third-largest foreign exchange market, third-largest financial centre, third-largest oil refining and trading centre, fifth-most innovative country, the second-busiest container port. The Economist has ranked Singapore as the most expensive city to live in, since 2013, it is identified as a tax haven. Singapore is the only country in Asia with an AAA sovereign rating from all major rating agencies, one of 11 worldwide. Globally, the Port of Singapore and Changi Airport have held the titles of leading "Maritime Capital" and "Best Airport" for consecutive years, while Singapore Airlines is the 2018 "World's Best Airline".
Singapore ranks 9th on the UN Human Development Index with the 3rd highest GDP per capita. It is placed in key social indicators: education, life expectancy, quality of life, personal safety and housing. Although income inequality is high, 90% of homes are owner-occupied. According to the Democracy Index, the country is described as a "flawed democracy"; the city-state is home to 5.6 million residents, 39% of whom are foreign nationals, including permanent residents. There are four official languages: English, Mandarin Chinese, Tamil, its cultural diversity is reflected in major festivals. Pew Research has found. Multiracialism has been enshrined in its constitution since independence, continues to shape national policies in education, politics, among others. Singapore is a unitary parliamentary republic with a Westminster system of unicameral parliamentary government; the People's Action Party has won every election since self-government began in 1959. As one of the five founding members of ASEAN, Singapore is the host of the Asia-Pacific Economic Cooperation Secretariat and Pacific Economic Cooperation Council Secretariat, as well as many international conferences and events.
It is a member of the East Asia Summit, Non-Aligned Movement and the Commonwealth of Nations. The English name of Singapore is an anglicisation of the native Malay name for the country, in turn derived from Sanskrit, hence the customary reference to the nation as the Lion City, its inclusion in many of the nation's symbols. However, it is unlikely that lions lived on the island. There are however other suggestions for the origin of the name and scholars do not believe that the origin of the name is established; the central island has been called Pulau Ujong as far back as the third century CE "island at the end" in Malay. Singapore is referred to as the Garden City for its tree-lined streets and greening efforts since independence, the Little Red Dot for how the island-nation is depicted on many maps of the world and Asia, as a red dot. Singapore is referred to as the "Switzerland of Asia" in 2017 due to its neutrality on international and regional issues; the Greco-Roman astronomer Ptolemy identified a place called Sabana in the general area in the second century, the earliest written record of Singapore occurs in a Chinese account from the third century, describing the island of Pu Luo Chung.
This was itself a transliteration from the Malay name "Pulau Ujong", or "island at the end". The Nagarakretagama, a Javanese epic poem written in 1365, referred to a settlement on the island called Tumasik. In 1299, according to the Malay Annals, the Kingdom of Singapura was founded on the island by Sang Nila Utama. Although the historicity
The Philippines the Republic of the Philippines, is an archipelagic country in Southeast Asia. Situated in the western Pacific Ocean, it consists of about 7,641 islands that are categorized broadly under three main geographical divisions from north to south: Luzon and Mindanao; the capital city of the Philippines is Manila and the most populous city is Quezon City, both part of Metro Manila. Bounded by the South China Sea on the west, the Philippine Sea on the east and the Celebes Sea on the southwest, the Philippines shares maritime borders with Taiwan to the north, Vietnam to the west, Palau to the east, Malaysia and Indonesia to the south; the Philippines' location on the Pacific Ring of Fire and close to the equator makes the Philippines prone to earthquakes and typhoons, but endows it with abundant natural resources and some of the world's greatest biodiversity. The Philippines has an area of 300,000 km2, according to the Philippines Statistical Authority and the WorldBank and, as of 2015, had a population of at least 100 million.
As of January 2018, it is the eighth-most populated country in Asia and the 12th most populated country in the world. 10 million additional Filipinos lived overseas, comprising one of the world's largest diasporas. Multiple ethnicities and cultures are found throughout the islands. In prehistoric times, Negritos were some of the archipelago's earliest inhabitants, they were followed by successive waves of Austronesian peoples. Exchanges with Malay, Indian and Chinese nations occurred. Various competing maritime states were established under the rule of datus, rajahs and lakans; the arrival of Ferdinand Magellan, a Portuguese explorer leading a fleet for the Spanish, in Homonhon, Eastern Samar in 1521 marked the beginning of Hispanic colonization. In 1543, Spanish explorer Ruy López de Villalobos named the archipelago Las Islas Filipinas in honor of Philip II of Spain. With the arrival of Miguel López de Legazpi from Mexico City, in 1565, the first Hispanic settlement in the archipelago was established.
The Philippines became part of the Spanish Empire for more than 300 years. This resulted in Catholicism becoming the dominant religion. During this time, Manila became the western hub of the trans-Pacific trade connecting Asia with Acapulco in the Americas using Manila galleons; as the 19th century gave way to the 20th, the Philippine Revolution followed, which spawned the short-lived First Philippine Republic, followed by the bloody Philippine–American War. The war, as well as the ensuing cholera epidemic, resulted in the deaths of thousands of combatants as well as tens of thousands of civilians. Aside from the period of Japanese occupation, the United States retained sovereignty over the islands until after World War II, when the Philippines was recognized as an independent nation. Since the unitary sovereign state has had a tumultuous experience with democracy, which included the overthrow of a dictatorship by a non-violent revolution; the Philippines is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, the East Asia Summit.
It hosts the headquarters of the Asian Development Bank. The Philippines is considered to be an emerging market and a newly industrialized country, which has an economy transitioning from being based on agriculture to one based more on services and manufacturing. Along with East Timor, the Philippines is one of Southeast Asia's predominantly Christian nations; the Philippines was named in honor of King Philip II of Spain. Spanish explorer Ruy López de Villalobos, during his expedition in 1542, named the islands of Leyte and Samar Felipinas after the then-Prince of Asturias; the name Las Islas Filipinas would be used to cover all the islands of the archipelago. Before that became commonplace, other names such as Islas del Poniente and Magellan's name for the islands San Lázaro were used by the Spanish to refer to the islands; the official name of the Philippines has changed several times in the course of its history. During the Philippine Revolution, the Malolos Congress proclaimed the establishment of the República Filipina or the Philippine Republic.
From the period of the Spanish–American War and the Philippine–American War until the Commonwealth period, American colonial authorities referred to the country as the Philippine Islands, a translation of the Spanish name. Since the end of World War II, the official name of the country has been the Republic of the Philippines. Philippines has gained currency as the common name since being the name used in Article VI of the 1898 Treaty of Paris, with or without the definite article. Discovery in 2018 of stone tools and fossils of butchered animal remains in Rizal, Kalinga has pushed back evidence of early hominins in the archipelago to as early as 709,000 years. However, the metatarsal of the Callao Man, reliably dated by uranium-series dating to 67,000 years ago remains the oldest human remnant found in the archipelago to date; this distinction belonged to the Tabon Man of Palawan, carbon-dated to around 26,500 years ago. Negritos were among the archipelago's earliest inhabitants, but their first settlement in the Philippines has not been reliably dated.
There are several opposing theories regarding the origins of ancient Filipinos. F. Landa Jocano theorizes. Wilhelm Solheim's Island Origin Theory postulates that the peopling of the archipelago transpired via trade networks originating in the Sundaland area around
Bhopal is the capital city of the Indian state of Madhya Pradesh and the administrative headquarters of Bhopal district and Bhopal division. The city was the capital of the former Bhopal State. Bhopal is known as the City of Lakes for its various natural as well as artificial lakes and is one of the greenest cities in India, it is 131st in the world. A Y-class city, Bhopal houses various educational and research institutions and installations of national importance, including ISRO's Master Control Facility, BHEL, AMPRI. Bhopal is home to the largest number of Institutes of National Importance in India, namely IISER, MANIT, SPA, AIIMS, NLIU and IIIT; the city attracted international attention in December 1984 after the Bhopal disaster, when a Union Carbide India Limited pesticide manufacturing plant leaked a mixture of deadly gases composed of methyl isocyanate, leading to one of the worst industrial disasters in the world's history. The Bhopal disaster continues to be a part of the socio-political debate and a logistical challenge for the people of Bhopal.
Bhopal was selected as one of the first twenty Indian cities to be developed as a smart city under PM Narendra Modi's flagship Smart Cities Mission. According to folklore, Bhopal was founded in 11th century by the Paramara king Bhoja, who ruled from his capital at Dhar; this theory states that Bhopal was known as Bhojpal after a dam constructed by the king's minister. No archaeological evidence, inscriptions or historical texts support the claim about an earlier settlement founded by Bhoja at the same place. An alternative theory says. In the early 18th century, Bhopal was a small village in the Gond kingdom; the modern Bhopal city was established by a Pashtun soldier in the Mughal army. After the death of the emperor Aurangzeb, Khan started providing mercenary services to local chieftains in the politically unstable Malwa region. In 1709, he took on the lease of Berasia estate and annexed several territories in the region to establish the Bhopal State. Khan received the territory of Bhopal from the Gond queen Kamlapati in lieu of payment for mercenary services and usurped her kingdom after her death.
In the 1720s, he built the Fatehgarh fort in the village, which developed into the city of Bhopal over the next few decades. Bhopal became a princely state after signing a treaty with the British East India Company in 1818. Between 1819 and 1926, the state was ruled by four women, Begums — unique in the royalty of those days — under British suzerainty. Qudsia Begum was the first woman ruler, succeeded by her granddaughter, Shah Jehan. Between the years 1844-1860, when Shah Jehan was a child, her mother Sikandar ruled as regent, was recognized as ruler in 1860, she ruled until 1868, when Shah Jehan succeeded her and was Begum until 1901. In 1901, Shah Jehan's daughter Kaikhusrau Jahan became Begum, ruled until 1926, was the last of the female line of succession. In 1926, she abdicated in favor of her son, Hamidullah Khan, who ruled until 1947, was the last of the sovereign Nawabs; the rule of Begums gave the city its waterworks, railways, a postal system, a municipality constituted in 1907. Bhopal State was the second-largest Muslim-ruled princely state: the first being Hyderabad.
After the independence of India in 1947, the last Nawab expressed his wish to retain Bhopal as a separate unit. Agitations against the Nawab broke out in December 1948, leading to the arrest of prominent leaders including Shankar Dayal Sharma; the political detainees were released, the Nawab signed the agreement for Bhopal's merger with the Union of India on 30 April 1949. The Bhopal state was taken over by the Union Government of India on 1 June 1949. On December 1984, a Union Carbide India Limited pesticide plant in Bhopal leaked around 32 tons of toxic gases, including methyl isocyanate gas which led to the worst industrial disaster to date; the official death toll was recorded around 4,000. A Madhya Pradesh government report stated 3,787 deaths, while other estimates state the fatalities were higher from the accident and the medical complications caused by the accident in the weeks and years that followed; the higher estimates have been challenged. The impact of the disaster continues to this day in terms of psychological and neurological disabilities, skin, vision and birth disorders.
The soil and ground water near the factory site have been contaminated by the toxic wastes. The Bhopal disaster continues to be the part of the socio-political debate. Bhopal has an average elevation of 500 metres, it is located in the central part of India, is just north of the upper limit of the Vindhya mountain ranges. Located on the Malwa plateau, it is higher than the north Indian plains and the land rises towards the Vindhya Range to the south; the city has small hills within its boundaries. The prominent hills in Bhopal are Idgah hills and Shyamala hills in the northern region, Katara hills in southern region. City's geography has in it two lakes namely lower lake. Bhopal city is divided into two parts where one part, near the VIP and lake is old Bhopal and the other is where malls are situated New bhopal. Bhopal has a humid subtropical climate, with cool, dry winters, a h
Insurance is a means of protection from financial loss. It is a form of risk management used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as a policyholder; the insurance transaction involves the insured assuming a guaranteed and known small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship; the insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the Policyholder for the coverage set forth in the insurance policy is called the premium.
If the insured experiences a loss, covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk if the primary insurer deems the risk too large for it to carry. Methods for transferring or distributing risk were practiced by Chinese and Babylonian traders as long ago as the 3rd and 2nd millennia BC, respectively. Chinese merchants travelling treacherous river rapids would redistribute their wares across many vessels to limit the loss due to any single vessel's capsizing; the Babylonians developed a system, recorded in the famous Code of Hammurabi, c. 1750 BC, practiced by early Mediterranean sailing merchants. If a merchant received a loan to fund his shipment, he would pay the lender an additional sum in exchange for the lender's guarantee to cancel the loan should the shipment be stolen, or lost at sea. Circa 800 BC, the inhabitants of Rhodes created the'general average'.
This allowed groups of merchants to pay to insure their goods being shipped together. The collected premiums would be used to reimburse any merchant whose goods were jettisoned during transport, whether due to storm or sinkage. Separate insurance contracts were invented in Genoa in the 14th century, as were insurance pools backed by pledges of landed estates; the first known insurance contract dates from Genoa in 1347, in the next century maritime insurance developed and premiums were intuitively varied with risks. These new insurance contracts allowed insurance to be separated from investment, a separation of roles that first proved useful in marine insurance. Insurance became far more sophisticated in Enlightenment era Europe, specialized varieties developed. Property insurance as we know it today can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses; the devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for'the Insurance Office' in his new plan for London in 1667."
A number of attempted fire insurance schemes came to nothing, but in 1681, economist Nicholas Barbon and eleven associates established the first fire insurance company, the "Insurance Office for Houses," at the back of the Royal Exchange to insure brick and frame homes. 5,000 homes were insured by his Insurance Office. At the same time, the first insurance schemes for the underwriting of business ventures became available. By the end of the seventeenth century, London's growing importance as a center for trade was increasing demand for marine insurance. In the late 1680s, Edward Lloyd opened a coffee house, which became the meeting place for parties in the shipping industry wishing to insure cargoes and ships, those willing to underwrite such ventures; these informal beginnings led to the establishment of the insurance market Lloyd's of London and several related shipping and insurance businesses. The first life insurance policies were taken out in the early 18th century; the first company to offer life insurance was the Amicable Society for a Perpetual Assurance Office, founded in London in 1706 by William Talbot and Sir Thomas Allen.
Edward Rowe Mores established the Society for Equitable Assurances on Lives and Survivorship in 1762. It was the world's first mutual insurer and it pioneered age based premiums based on mortality rate laying "the framework for scientific insurance practice and development" and "the basis of modern life assurance upon which all life assurance schemes were subsequently based."In the late 19th century "accident insurance" began to become available. The first company to offer accident insurance was the Railway Passengers Assurance Company, formed in 1848 in England to insure against the rising number of fatalities on the nascent railway system. By the late 19th century governments began to initiate national insurance programs against sickness and old age. Germany built on a tradition of welfare programs in Prussia and Saxony that began as early as in the 1840s. In the 1880s Chancellor Otto von Bismarck introduced old age pensions, accident insurance and medical care that formed the basis for Germany's welfare state.
In Britain more extensive legislation was introduced by the Liberal government in the 1911 National Insurance Act. This gave the British working classes the first contributory system of insurance against illness and unemployment; this system was expanded after the Second World War under the inf
Aliso Viejo, California
Aliso Viejo is a city in the San Joaquin Hills of southern Orange County, California. It had a population of 47,823 as of the 2010 census, up from 40,166 as of the 2000 census, it became Orange County's 34th city on July 1, 2001, the only city in Orange County to be incorporated since 2000. It is bordered by the cities of Laguna Beach on the west and southwest, Laguna Hills on the east, Laguna Niguel on the southeast, Laguna Woods on the north; the planned community of Aliso Viejo's original 6,600 acres were once part of the 26,000-acre Moulton Ranch, owned by the Moulton family, who took title in the 1890s to land granted to Juan Avila by the Mexican government in 1842. Over the years, portions of the ranch were sold and became Leisure World, Laguna Hills and Laguna Niguel. In 1976, the Mission Viejo Company purchased the remaining 6,600 acres to create a new planned community – Aliso Viejo – with a master plan for 20,000 homes for a planned population of 50,000; the master plan was approved by the Orange County in 1979, homes were first offered for sale in March 1982.
Aliso Viejo's first family moved in that November. As part of the project, 2,600 acres were dedicated to Orange County as part of the Aliso and Wood Canyons Wilderness Park, 800 acres were set aside for local parks, recreation and community facilities; the Aliso Viejo Community Association was set up to manage the local parks and community open space. It was the first community-wide association of its kind in California and has the unique ability to provide a full-range of community services and facilities. Aliso Viejo was the first planned community in California to plan a balance between the projected resident work force and the number of projected jobs within its borders. Pacific Park, the centrally located 900-acre business park and town center, was expected to provide more than 22,000 jobs; every home in Aliso Viejo was located about 1 1/2 miles from Pacific Park, to encourage live-and-work opportunities. Aliso Viejo had been an unincorporated community since 1979, incorporated as a city in 2001 due to the efforts of the Aliso Viejo Cityhood 2000 Committee, responsible for introducing an initiative on the ballot for the 2001 special election.
Voters passed the initiative with 93.3% in favor of incorporation. Carmen Vali-Cave, the co-founder and president of the Committee, became the new city's first mayor; the seal of the city of Aliso Viejo was adopted in 2001 at incorporation. The seal features several mountains, a sunset, a tree, several buildings; the seal features the slogan "July 2001", in celebration of the city's incorporation date. Aliso Viejo is a general law city with a council-manager system of government. Day-to-day operations are handled by a professional city manager overseen by a volunteer city council; the City Council of Aliso Viejo consists of five members serving staggered four-year terms. Each year, the Council votes for its next Mayor pro tem; the current City Council consists of Mayor Ross Chun, Mayor Pro-Tem Mike Munzing and Council Members David C. Harrington, Tiffany Ackley, William Phillips. In the California State Legislature, Aliso Viejo is in the 36th Senate District, represented by Republican Patricia Bates, in the 73rd Assembly District, represented by Republican Bill Brough.
In the United States House of Representatives, Aliso Viejo is in California's 48th congressional district, represented by Democrat Harley Rouda. Aliso Viejo is a swing city at the presidential level. According to the California Secretary of State, as of October 22, 2018, Aliso Viejo has 27,699 registered voters. Of those, 9,210 are registered Republicans, 8,800 are registered Democrats, 8,388 have declined to state a political party/are independents. Aliso Viejo is located at 33°34′30″N 117°43′32″W in the San Joaquin Hills of Orange County. According to the Census Bureau, the city has a total area of 7.5 square miles, all of, land. Aliso Viejo is one of several cities bordering Wood Canyons Regional Park. Aliso Creek forms part of the city's boundary with Laguna Niguel to the south, Wood Canyon Creek forms part of the city's western boundary. Much of the city rests on the east slope of the San Joaquin Hills, which are a coastal mountain range extending for about 15 miles along the Pacific coast.
The 2010 United States Census reported that Aliso Viejo had a population of 47,823. The population density was 6,400.4 people per square mile. The racial makeup of Aliso Viejo was 34,437 White, 967 African American, 151 Native American, 6,996 Asian, 89 Pacific Islander, 2,446 from other races, 2,737 from two or more races. Hispanic or Latino of any race were 8,164 persons; the Census reported that 47,354 people lived in households, 450 lived in non-institutionalized group quarters, 19 were institutionalized. There were 18,204 households, out of which 7,095 had children under the age of 18 living in them, 9,358 were opposite-sex married couples living together, 1,966 had a female householder with no husband present, 791 had a male householder with no wife present. There were 987 unmarried opposite-sex partnerships, 206 same-sex married couples or partnerships. 4,416 households were made up of individuals and 638 had someone living alone, 65 years of age or older. The average household size was 2.60.
There were 12,115 families. The population was spread out with 12,395 people under the age of 18, 3,739 people aged 18 to 24, 17,138 people aged
A multinational corporation or worldwide enterprise is a corporate organization which owns or controls production of goods or services in at least one country other than its home country. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. A multinational corporation can be referred to as a multinational enterprise, a transnational enterprise, a transnational corporation, an international corporation, or a stateless corporation. There are subtle but real differences between these three labels, as well as multinational corporation and worldwide enterprise. Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including Forbes Global 2000 companies. Multinational corporations are subject to criticisms for lacking ethical standards, that this shows up in how they evade ethical laws and leverage their own business agenda with capital, the military backing of their own wealthy host nation-states.
They have become associated with multinational tax havens and base erosion and profit shifting tax avoidance activities. A multinational corporation is a large corporation incorporated in one country which produces or sells goods or services in various countries; the two main characteristics of MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies. Importing and exporting goods and services Making significant investments in a foreign country Buying and selling licenses in foreign markets Engaging in contract manufacturing — permitting a local manufacturer in a foreign country to produce their products Opening manufacturing facilities or assembly operations in foreign countriesMNCs may gain from their global presence in a variety of ways. First of all, MNCs can benefit from the economy of scale by spreading R&D expenditures and advertising costs over their global sales, pooling global purchasing power over suppliers, utilizing their technological and managerial know-how globally with minimal additional costs.
Furthermore, MNCs can use their global presence to take advantage of underpriced labor services available in certain developing countries, gain access to special R&D capabilities residing in advanced foreign countries. The problem of moral and legal constraints upon the behavior of multinational corporations, given that they are "stateless" actors, is one of several urgent global socioeconomic problems that emerged during the late twentieth century; the best concept for analyzing society's governance limitations over modern corporations is the concept of "stateless corporations". Coined at least as early as 1991 in Business Week, the conception was theoretically clarified in 1993: that an empirical strategy for defining a stateless corporation is with analytical tools at the intersection between demographic analysis and transportation research; this intersection is known as logistics management, it describes the importance of increasing global mobility of resources. In a long history of analysis of multinational corporations we are some quarter century into an era of stateless corporations - corporations which meet the realities of the needs of source materials on a worldwide basis and to produce and customize products for individual countries.
One of the first multinational business organizations, the East India Company, was established in 1601. After the East India Company, came the Dutch East India Company, founded March 20, 1603, which would become the largest company in the world for nearly 200 years; the main characteristics of multinational companies are: In general, there is a national strength of large companies as the main body, in the way of foreign direct investment or acquire local enterprises, established subsidiaries or branches in many countries. Multinational corporations can select from a variety of jurisdictions for various subsidiaries, but the ultimate parent company can select a single legal domicile. Corporations can engage in tax avoidance through their choice of jurisdiction, but must be careful to avoid illegal tax evasion. Multinational corporations may be subject to the laws and regulations of both their domicile and the additional jurisdictions where they are engaged in business. In some cases, the jurisdiction can help to avoid burdensome laws, but regulatory statutes target the "enterprise" with statutory language around "control".
For small corporations, registering a foreign subsidiary can be expensive and complex, involving fees and forms.