TERRORISM

 

We have defined terrorism here as “acts of
violence intentionally perpetrated on civilian non-combatants with the goal of
furthering some ideological, religious or political objective.” Our principal
focus is on non-state actors. Our task was to identify and analyse the
scientific and professional social science literature pertaining to the
psychological and/or behavioural dimensions of terrorist behaviour (not on
victimization or effects). Our objectives were to explore what questions
pertaining to terrorist groups and behaviour had been asked by social science
researchers; to identify the main findings from that research; and attempt to
di still and summarize them within a framework of operationally relevant
questions.

 An
international panel of leading experts on terrorism met in Oslo to discuss root
causes of terrorism. The main purpose was to provide inputs from the research
community to a high-level conference on “Fighting Terrorism for Humanity” to be
held in New York on 22 September 2003. The findings described below are
conclusions drawn by the chairman on the basis of presentations and
discussions. -A main accomplishment of the expert panel was to invalidate
several widely held ideas about what causes terrorism. There was broad
agreement that there is only a weak and indirect relationship between poverty
and terrorism. At the individual level, terrorists are generally not drawn from
the poorest segments of their societies. Typically, they are at average or
over-average levels in terms of education and socio-economic background. Poor
people are more likely to take part in simpler forms of political violence than
terrorism, such as riots. The level of terrorism is not particularly high in
the poorest countries of the world.
 State sponsorship is not a root cause
of terrorism. Used as an instrument in their foreign policies, some states have
capitalized on pre-existing terrorist groups rather than creating them.
Terrorist groups have often been the initiators of these relationships, at
times courting several potential state sponsors in order to enhance their own
independence. State sponsorship is clearly an enabling factor of terrorism,
giving terrorist groups a far greater capacity and lethality than they would
have had on their own.
Definitions of terrorism are usually complex
and controversial, and, because of the inherent ferocity and violence of
terrorism, the term in its popular usage has developed an intense stigma. It
was first coined in the 1790s to refer to the terror used during the French
Revolution by the revolutionaries against their opponents. The
Jacobin party of Maximilien
Robespierre carried out a 
Reign
of Terror
 involving mass
executions by the guillotine
.
Although terrorism in this usage implies an act
of violence by a state against its domestic enemies, since the 20th century the
term has been applied most frequently to violence aimed, either directly or
indirectly, at governments in an effort to influence policy or topple an
existing regime.
Terrorism involves the use or threat of violence and seeks to
create fear, not just within the direct victims but among a wide audience.

ARE YOU FEELING BURNT OUT?

Do you usually find yourself in your room lying down and not being productive enough? People might usually refer that behavior as laziness, but it is not laziness alone that could make you feel such a way. It might be a combination of burnout that is overlapping your productivity. Burnout is a negative state of physical, emotional, and mental exhaustion caused by excessive stress and inability to cope with it.

Here are some signs that can prove if you are feeling burnout or not.

DISCONNECTING FROM THINGS

If you are going through burn out then you might be experiencing some stuff that you aren’t really aware of, then it is called depersonalization. Depersonalization is a state in which one’s thoughts and feelings seem unreal or not to belong to oneself. It will make you feel like you are loosing your interests in things you once enjoyed or a kind of numbness that brings constant amount of sadness to your daily life.

LOST MOTIVATION

Laziness is a character trait and those character traits tend to stay over time. If you are a lazy person then you wont push yourself to do things. But if a person, who is a high achiever doesn’t feel like doing things and feels exhausted and out of space then it is true that they are facing burnout. It could be a sport, a talent or a hobby that you once loved and now might resent it just because how you overworked yourself.

MOODY AND EASILY IRRITATED

Moody and irritability is a sign of burnout that is usually overlooked. If you struggle to contain your emotions or snap out at things that never bothered you, then it is burnout. No matter if you are a very relaxed and a calm minded person, burnout will affect you and your control of emotions.

NEGLECTING SELF CARE

This is one of the most distressing sign that results in a person being emotionally and physically burnt out. There are concerning changes in your eating and sleeping patterns. You might not want to groom yourself either and just detach yourself from communication. The difference between laziness and burnt out is that you weren’t always this way.

NOTICING THESE GRADUAL CHANGES

Something we all must know bout burnout is that it develop in stages. All the points mentioned above wont happen overnight. Studies have shown that there are 5 stages that slowly but steadily engulf a person. By the time we start noticing the changes we would be in the state where the emotional and physical fatigue is more intense and even harder to treat. This could lead to depression and anxiety if not treated.

If you are one such person who is facing burnout or know someone who is going through a difficult time, reach out to people and don’t forget to raise awareness.

Article by: Haniah Mirza

ITS TIME TO BOOST UP

                                                      ECONOMY BOOST UP

BY : NEHA SHAHAB


INDIA ECONOMY HAS SHOWN SIGNS OF RECOVERY IN JULY AS FACTORY ACTIVITY REBOUNDED  ON THE RISING DOMESTIC AND INTERNATIONAL DEMAND. A FALL IN ACTIVE CASE OF COVID 19 CASES LED TO A ALLOWING BUSINESSESS TO RAMP UP MANUFACTURING ACTIVITY. 

THE REOPENING OF THE ECONOMY HAS LED TO HIGHER DEMAND AND SUPPLY. EXPORTS HAS ALSO WITNESSED A HEALTHY RISE AS ORDERS GREW AT THE FASTEST RATE SINCE APRIL.

EMPLOYMENT HAS ALSO INCREASED FOR THE FIRST TIME SINCE MARCH 20 , BREAKING 9 TO 15 MONTH CHAIN OF JOB SHEDDING. HOWEVER , THE PACE OF HIRING REMAINS MILD AND THE COUNTRY JOB CRISIS IS FAR FROM OVER. RISING INFLATION IS ANOTHER MAJOR HURDLE IN THE PATH OF ECONOMY RECOVERY. 

A RECENT POLL CONDUCTED BY NEWS AGENCY REUTERS SIGNALS A FURTHER RISE IN INFLATION DUE TO HIGHER FUEL PRICES. AS THE CASES NOW FALLING THERE IS REASON TO HOPE THAT THE ECONOMY WILL GET BACK TO IMPROVED ACTIVITY IN THE NEXT QUARTER.

Fifth medal for India in Tokyo Olympic

Ravi kumar Dahiya wins silver Medal for India in men’s 57 kg freestyle wrestling at Tokyo Olympic.

Ravi kumar became the fifth Indian wrestler after KD Jadhav, Sushil Kumar, Yogeshwar Dutt and Sakshi Malik to finish on the Olympic podium.

Ravi kumar bagged the silver medal after losing in the final of men’s 57 kg freestyle category to Russian Olympic committee’s (ROC) zavur Uguev today.

This is India’s fifth medal in the Tokyo Olympics and second silver of the campaign.

Hockey medal for India after 41 years

India creates history as the Indian men’s hockey team win bronze medal after 41 years at Tokyo Olympic.

Hockey which was considered as the national game of India but this is the third time the team clinched the medal in Olympics, the other two came in 1968 (Mexico City) and 1972 (Munich games).

India defeated Germany,the Bronze medal winner in Rio Olympic 2016 by 5-4 goals.

DATA USAGE INCREASED

                                                     DATA USAGE INCREASED 

BY : NEHA SHAHAB

 DUE TO THIS PANDEMIC HAS FORCED ECONOMIES ALL OVER THE WORLD TO GO INTO LOCKDOWN. OFFICIAL DATA SHOWS THAT THE DATA USAGE HAS BEEN INCREASED 400% IN RURAL AREAS. IT INDICATING THE LARGE APPETITE FOR INTERNET CONNECTIVITY.

INDIA CURRENTLY HAS 504 MILLION INTERNET USERS MAKING IT IS SECOND LARGEST INTERNET MARKET IN THE WORLD , SECOND ONLY TO CHINA WHICH HAS 850 MILLION. RURAL CONSUMPTION NOW ACCOUNT FOR ROUGHLY 45% OF OVERALL MOBILE DATA USAGE AND URBAN USAGE MARKET UP 55%.

THE MONTH OF JUNE SAW THE RURAL DATA USAGE INCREASED BY 30-35% WHEREAS THAT IN URBAN GREW BY 15-29%. COMPANIES LIKE RELIANCE JIO AND BHARTI AIRTEL ARE RESPONSIBLE FOR THE EXPANSION OF RURAL MOBILE USER BASE.

ACCORDING TO THE LATEST DATA OF A TELECOM REGULATOR JIO AND AIRTEL ADDED 2.76 MILLION AND 1.46 MILLION RURAL MOBILE USERS BETWEEN JUNE AND AUGUST. MOBILE DATA TRAFFIC IS GROWING AS MORE INDIANS SPENT TIME STREAMING LIVE VIDEOS WHICH IS EXPECTED TO ACCOUNT FOR 75% OF OVERALL MOBILE TRAFFIC BY 2024. A STUDY SUGGEST THAT BY 2025 RURAL INDIA WILL LIKELY HAVE MORE INTERNET USERS THAN URBAN INDIA. 

A LATEST REPORT BY THE INTERNET AND MOBILE ASSOCIATION OF INDIA ( IAMAI ). THE REPORT HIGHLIGHTED A GREATER INCREASE A FEMALE INTERNET USERS BY 27% AS COMPARED TO MAKE INTERNET USERS BY 9%. 

THE GROWTH IN INDIA INTERNET USERS ESPECIALLY IN THE RURAL AREAS HAS WITNESSED A BOOST MAJORITY BECAUSE OF CHEAP DATA PLANS AND ACCESSIBILITY TO AFFORDABLE SERVICES FOR ACCESSING THE INTERNET WAS MOBILE IN BOTH RURAL AND URBAN AREAS.

Review – Think And Grow Rich Summary

No matter which book we start reading, the question is why do we read this book. Let me tell you the reason why you should read this book. This book is a blueprint for achieving your dream.

Book Name : Think And Grow Rich

Author Name : Napoleon Hill

Year of Publication : 1937

Author Napoleon Hill of this book. Like everyone else he had a desire to make a lot of money and succeed in life. He started looking for this through interviews as he is a journalist. He interviewing Andrew Carnegie, the World Richest Person of his time. In that interview Author notes some things. The mind set that a rich person can have is different than the mind set that a ordinary person can have. Especially the way they look at the time and their habits are very different. That interview was going well. Andrew Carnegie put a twist on that interview. He said to Author, “I arrange for you to interview the 500 Most Successful People in My Contact.” Author was shocked to hear this. Not only this but Andrew Carnegie says two conditions. Andrew Carnegie said, ” it will take at least 20 years to complete the interview of these 500 people and share what you have learned in that interview with people.” Having said this, Andrew Carnegie asks Napoleon Hill if you are ready for this challenge. Author thinks well and accepts the challenge. The result is the book Think And Grow Rich.

Now that you have some idea why you should read this book. This book is not just about 500 success stories, he has analyzed what he learned when he interviewed 500 people and prepared a 13-steps Success Formula. Author has indirectly tested this formula on 1000 people. Tested and incorporated as a case study in this book how this formula worked and what changes have taken place in their lives since they used this formula.

Let’s see what those 13 steps are.

1. Power of Thoughts

Only if you know what the power of your thoughts is can you control it and use it properly. 

2. A Burning Desire

In the things you think you want to achieve, you have to have a frenzied desire. 

3. Faith

No matter what happens. We must be confident that we can achieve what we started.

4. Auto Suggestion

It tells you how to reprogram your brain and drive it towards success. It is one of the method of reprogramming the brain.

5. Specialized Knowledge

Learning a subject well and implementing it and gaining knowledge from it or making money or making an impact in the community.

6. Power of Imagination

Only if you know what your imagination is capable of, can you use it for the right things on the right track. 

7. Organized Planning

You need to plan what are the basic things you need to do to turn your dream into action.

8. Decision

How to make a good decision? That is, you need to know what is needed to make a right decision and what factors to consider when making that right decision.

9. Persistence

In this chapter, author talks about recovering from a depressed state and achieving a full potential.

10. Power of The Mastermind

You will face a lot of obstacles while working towards your goal.  In this chapter author talks about how to travel towards the goal only without letting it distract you then. 

11. The Mystery of Transmutation of Sex

The most important things in existence is the sexual drive. It is used by most of the athletes and sports persons. In this chapter, author talks about how ordinary people use it properly and what is the advantage for us of using it.

12. Power of Subconscious Mind

We all know that the subconscious mind is the cause of all habits. So how to control it and achieve what we thought is stated in this chapter.

13. The Brain

Only in this chapter will you achieve your goal. Now you know what state your brain is in and how you achieved your goal. 

We briefly learned what those 13 steps that author said were. Author also offers two bonus steps. Let us now know what those two steps are.

* The Sixth Sense *

We have heard many people say gut feeling. We would have told ourselves also. A lot of people know it is wrong when we do a thing. Then in this chapter, author talks about whether or not you should follow your gut feeling.

* Fear * 

Fear is an important factor that prevents us from achieving our goals. He explains in 6 points how to overcome that fear.

Sardar Vallabhbhai Patel

 



Vallabhbhai Jhaverbhai Patel, popularly known as Sardar Patel, was a leading pathfinder in the Indian history of the freedom struggle. He was appointed as the First Deputy Prime Minister of India. He was a barrister and also served for Indian National Congress.  He is considered as the founding father of the “Republic of India” where he played a pivotal role in integrating the provinces freed from British Rule. He also took part in the Quit India Movement, which shook up the British that ultimately led to the freedom of India.

Given below are ten lines on Sardar Vallabhbhai Patel, which students are aspiring to write competitive exams can use and for making speeches.

  1. Sardar Vallabhbhai Patel was one of the dynamic and famous leaders of the country.
  2. He was on 31st October 1985 in a small village in Gujarat.
  3. Patel was a freedom fighter and participated in many freedom struggles against the British brought authorities.
  4. He was a close associate to Mahatma Gandhi, and he joined the Indian National Congress.
  5. Sardar Vallabhbhai Patel was jailed many times because he participated in the freedom struggle.
  6. Sardar Vallabhbhai Patel is better known as the  Iron Man of India.
  7. Patel was elected for the post of Home Minister soon after India got independence and he went to become the Deputy Prime Minister too.
  8. He was a dynamic leader who had a firm belief in Unity, and he was one of the leaders who brought the people of the country together.
  9. He played a significant role in the Integration of the country after Independence.
  10. Sardar Vallabhbhai Patel was one of the leaders who was conferred with the Bharat Ratna award.
Sardar Patel’s contribution to the Indian Freedom struggle has been remarkable and incomparable. He was an immense source of inspiration for the youth of the Nation, not only during the Freedom movement but also in the current day. He is being termed as the self-made man in the True sense. His ideologies of Integration have laid the foundation of Unity. He has conferred the Bharat Ratna Award posthumously in 1991.


E.LALITHA

Review Of Literature on Personality and Workplace Deviance

Workplace Deviant Behavior is
outlined as acts that hurt the organization further as well as employees
operating in it. The foremost well researched work deviant behavior examples
would be absence from work, theft,  sabotage, drug usage, explicit acts of
aggression etc.

                                                                                       

   

                                                                                    

According to Robinson and
Bennett (1995), workplace deviant behaviors are voluntary behaviors of
employees that violate company norms, policies, or rules which have a negative
impact on both the well-being of both the organization as well as its members.
Once directed towards individual staff, it’s within the kind of creating fun of
others, enjoying mean pranks, acting impolitely, engaging in conflicts etc.

                                                                                       

Studies have known that factors
like job stressors, organizational frustration, lack of management over the
work atmosphere, weak sanctions for rule violations etc are the causes of work
place deviance.
 

                                                                                       

Studies
have conjointly shown that socialization and impulsivity constructs are also
responsible for work deviant behaviors. Employees with high asocial
temperament show less social maturity, integrity, and morality and
are typically perceived as rebellious, unhappy, and defensive. Employees with
this temperament tend to resist rules and laws. (Gough and Peterson, 1952)

                                                                                       

   

Employees high in socialization
on the opposite hand are kind, dependable, well-balanced, patient etc. Analysis
of Collins and Griffin (1998), conjointly found a relationship between
socialization with thievery and disciplinary issues.

                                                                                                                                                                            

Impulsivity, on the opposite
hand, is that the tendency to act with very little forethought on the
implications of one’s actions. Employees who are high on impulsivity are
characterized as rash, reckless, incautious etc. Impulsive people/employees
also act on the spur of the moment and freely express their emotions.

                                                                               

Employee’s whose evaluations
are lower on measures of impulsivity are thought to be non-indulgent and are
able to manage their emotions (Megargee, 1972). Gottfredson and Hirschi (1993)
have concerned impulsivity with deviant behaviors like drug use, theft, work
violence, and employment instability.

For the aim of hiring, several
organizations have spent several resources in its plan to ascertain work place
deviance. The deviant behaviors at work place are possible to be subjected to
employee’s temperament (personality) traits rather than ability-related factors
as employees make conscious choices regarding whether they wish to or not wish
to indulge in deviant behaviors.

                                                                                       

The
Five Factor Model (FFM) is the most widely known and used model in industrial
psychology as an empirically supported personality measure. The dimensions of
factors of personality consist of:


1. Agreeableness may be
categorized as a personality where people are compassionate. They like to
cooperate together. They don’t prefer to be suspicious and don’t like to
produce hostility with each other. This trait is more indicative of individual
differences in their concern for creating social harmonization. Such types of
people are nice, easy-going with others, caring, friendly, optimistic,
generous, etc. (Rothmann and Coetzer, 2013).

                                                                                         

            

2. Extraversion is
characterized as a personality where people exhibit positive emotions. People
who are high on their social skills tend to be assured, dominant, active, happy
and really interactive.

 

                                                                                           

3. Conscientiousness is
characterized as a personality where people exhibit self-discipline, obedience,
and who aim to achieve higher than expectations. This trait emphasizes action
that is always planned rather than spontaneous action.

                                                                                   

                   

4. Neuroticism is
characterized as a personality which is related to people’s emotional
stability. The person having high neuroticism exhibits negative emotions such as
irritability, easily anxiety etc.

                                                                                     

5. Openness to experience is
characterized as a personality where people are artistic, creative, and
imaginative and take interests in new things as a result of their curiosity.

                                                                                        

Layth
et al (2016) solely found traits of agreeableness and conscientiousness as
those traits which don’t have any significant negative impact on
counterproductive behavior. An online survey at a project management practice
firm in Singapore was conducted by Santos and Eger (2014). They found
extraversion to be the legitimate factor for forecasting interpersonal and
organizational deviance and not agreeableness and conscientiousness. One can
observe that there is an inconsistency of predictors to workplace.
 

Layth and Zulkarnain (2016)
found that emotional stability (opposite of neuroticism) had an inverse
relationship to work place deviance and has positive and significant effects on
counterproductive work behavior. 
                                                                                          

As outlined by Salovey and
Mayer (1990), Emotional Intelligence is a subset of social intelligence that
involves the ability to observe one’s own and others’ feelings and emotions, to
differentiate among them and then using this data to know, introspect and guide
one’s own thoughts and actions. Thus, emotional intelligence (EI) is the ability
to perceive, control and evaluate emotions.

                                                                                         

Emotional intelligence allows
people to develop a construct referred to as “learned optimism”, the causative
attributions people create once they are confronted with failure or setbacks.
Another facet of emotional intelligence is that it allows people to manage
feelings and handle stress.

Barsade and Gibson (1998) claim
that managers having the ability to infect a work group with their good and
smart emotions and feelings can lead to improved cooperation, fairness, and
overall group performance. Empathy is additionally a very important facet of
emotional intelligence. Researchers have familiarity for years that it
contributes to occupational and organizational success.

                                                                                                

Through
training sessions, employees can be taught and trained to use such techniques
and methods that can help to strengthen their social skills, build
assertiveness etc, which could help them achieved more adaptive behavior which
would further reduce their deviant behaviors at workplace and enable the
employees to excel on the professional front.

                                                                                         

BRINGING HOME DOGS AND CARING FOR THEM

Life is not fair for everyone. People come and go, sometimes in unexpected ways and after showing a completely unexpected side of themselves. Some people cope up with this faster while for some the healing process takes time. Among all the people around you, the most you can trust, blindly, is a dog. Dogs have not just been helping hands for humans since time immemorial, but are now being treated as a part of the family. They serve in a lot of areas such as police forces, helping blind people find their way, or as therapeutic beings for people in depression or who are recuperating from losses.

Over the years, different breeds of dogs have evolved, for different purposes and almost all of them are now kept as pets. But are they all made to be kept at home? Mentioned below are the factors that one needs to keep in mind before buying a dog from a breeder or adopting from a shelter :

  1. Size of your house and the dog-  The size of your house should be big enough if you are trying to accommodate a big and powerful dog like a German Shepherd or a Rottweiler. Such big dogs, if kept in one-room apartments or small houses can turn out aggressive.
  2. The devotion of time-  Every dog needs to go for a walk. Frequency depends on the breed and size of the dog. In addition to that, exercise is needed for medium to large breeds such as Labrador retrievers, Pitbulls, and Dobermans. If this is not provided, they become obese as well develop aggressive behavior. Not only this, many other things such as grooming a dog, taking him to the vet, brushing his teeth require time. And if you are not ready for taking up the tasks, it is advisable not to bring one in the first place.
  3. Expenditure- Not only do dogs need care and affection, but a good amount of money is also required for their mental and physical well-being. Grooming, their toys, vaccinations, treats, and many other things require money. If you are economically prepared for this, coupled with the two aforementioned factors, you are almost ready for a dog.
  4. Are other members of your family ready? – Many times, we as individuals, are ready to get home a dog and care for it. But since people differ and so do their choices and interests, some members of your family may not agree to this step. Hence, it is very important to have a consensus between all members of the family to bring in the new member. This is the most important step and all other steps follow. Not only this, if all members are ready for a dog, the dog will be cared for by all of them and a lot of love will be showered upon him.

A dog becomes a very important member of the family once brought in. It is important and necessary to take good care of him. For us, the dog is only a part of our life. But for the dog, we are his whole life and world. 

So, keep this in mind and bring home a dog only if you are ready for the same.

Good Luck!

THE VOLKSWAGEN NOBODY KNOWS!

You must have heard of the fact that companies are contributing to environmental degradation , though they don’t want to do that but no one can deny to the fact that they are indirectly into it. But their are many greedy companies who , without even taking concern of the environment are contributing to degradation of it . Volkswagen is one among such companies , let’s see what they have done .

VOLKSWAGEN AG , known internationally as the Volkswagen group is a German multinational automotive manufacturing company headquartered in Wolfsburg , Germany . In the early 1930s, cars were a luxury – most Germans could afford nothing more elaborate than a motorcycle and only one German out of 50 owned a car. Seeking a potential new market, some car makers began independent “people’s car” projects – the Mercedes 170H, BMW 3/15, Adler AutoBahn, Steyr 55, and Hanomag 1.3L, among others. The Volkswagen emission scandal began in September 2015 when the US Environment Protection Agency issued a notice of violation of clean air act to Volkswagen group . According to the agency Volkswagen intentionally developed a software named TURBOCHARGED DIRECT INJECTION (TDS ) diesel engines , to active their emission control only at the time of testing in the labs which causes vehicles Nitrogen output to met US standards , BUT in reality emits 40 times more nitrogen in air in the real world .

They developed this software in 11 million cars of which 500,000 were in US only . Research were done & a group of scientists detected that there is additional emission in road test . Within the first day of investigation the stock price of VOLKSWAGEN fell in value by one by one third . Its CEO Martin Winterkorn resigned from his post & many officials were suspended .

In April 2016 , Volkswagen announced to spend $18.32 billion to rectify the emission issue & in January 2017 , Volkswagen pleaded guilty to criminal charges & after investigation process , in April 2017 , US government ordered the company to pay $2.8 billion as criminal fine for breaking rules of nitrogen emission . The total cost of the scandal costed $33.3 billion in fines , penalties , & financial settlements & buyback cost of VOLKSWAGEN .

This proves that the greediness of one company can bring harm to whole ecosystem . As business is a part of society , business should perform function to bring peace in the environment by not polluting it . It should serve the mankind & society as well. Volkswagen by realizing their mistake pleaded themselves guilty shows that one the mistake is done you should work to rectify it instead of hiding it .

Market Failure – Causes and Solutions

What is Market Failure?

Market failure is an economic situation that arises due to inefficient distribution of goods and services in the free market. Individual decisions can prove to be correct but may not support a particular group. Rational individual interests produce inefficient economic outcomes. Prices of goods and services is determined by supply and demand. When quantity supplied of goods and services is not equal to quantity demanded, market failures take place. Market failure may affect the free market are monopoly power, government regulations, prices and minimum wages.

Causes of Market Failure

Market failure can occur due to many reasons.
  1. Public Goods
Public goods are those goods that can be consumed by a large number of people and the cost of such goods remain the same even with increase in the consumers. Features of public goods include non-excludability and non-rivalrous. Non-excludability means that even if a person does not pay for the services or goods provided that person will not be excluded from consuming it. It is non-rivalrous as these goods are consumed by entire population efficiently and never diminishes. Like police services or national defense services are available to people throughout even if they don’t pay taxes. Since, consumers continue to use public goods without paying for it, it results in market failure.
  1. Externality
It refers to the cost from a transaction that affects a third party. This cost is not borne by the producer but by the individual or society as a whole. Externality can be positive or negative. Positive externality positively affects the third party like providing education or conducting a survey or research. However, negative externality refers to negative impact on the third part from consumption of a good. For instance, when factories cause air or water pollution diminishes overall health of the people surrounded by it. The cost of pollution is not incurred by the producer. This is negative externality. Negative externalities are commonly found.
  1. Control of Market
Controlling market is when the seller or buyer have the power to determine the prices of goods and services in the market. This market control is possible in case of oligopoly (few sellers) as well as monopoly (single seller). Sellers can increase the prices of commodities and control the quality of it, which may lead to scarcity. When the power is in the hands of the buyers, buyers will dominate by accepting the price at which they are willing to buy not the producer’s said price. This leads to unequal supply of goods and demand.
  1. Lack of Proper Information
When buyers and seller have incomplete or improper information, market does function well. If buyers have incomplete information, they might end up buying goods at higher or lower prices. If sellers have sparse knowledge, then might be willing accept a lower or higher prices than the actual production cost.

How can market failure be eliminated?

Market failure can be prevented by government intervention. Imposing strict rules and regulations is an ideal solution. For instance, unethical behavior like selling drugs or alcohol to underage kids can be controlled by implementing legislation. Even when businesses sell goods or services that cause harm to the consumers, high taxes can be imposed on such goods to avoid consumption. This way the individual consuming it as well as the society is protected from harmful effects of it. Subsidies on consumption of goods will encourage businesses to produce goods and will promote positive externality.

ONLINE LEARNING

 

The concept of traditional education has changed radically within the last couple of years. Being physically present in a classroom isn’t the only learning option anymore — not with the rise of the internet and new technologies, at least. Nowadays, you have access to a quality education whenever and wherever you want, as long as you have access to a computer. We are now entering a new era — the revolution of online education. There’s no need to discount the skepticism surrounding education through the internet. It’s hard to understand the notion of leaving behind the conventional classroom, especially if it’s to face this vast space called The Internet. 

since the COVID -19 pandemic has disrupted the normal lifestyle of people across the globe, the virtual world has come to the rescue. Amongst many institutions schools have also shifted their base to virtual platforms to conduct classes online. Consequently, catering to the needs of all stages of education from pre-primary to university level, online education has emerged as an alternative to ordinary face-to-face classes. Accordingly, various stakeholders such as government and private organizations are trying their best to assist each other by sprucing up their existing online platforms, apps and providing training to teachers to use these apps and platforms to the optimum level. Moreover, efforts are being made by both government and non-government organizations and edtech companies to support the school system to make a smooth transition to the virtual world. Upskilling and motivating teachers, organizing counseling sessions for stakeholders such as teachers, parents, and students are some of the important measures taken by the administration in the recent past. Making a continuous effort to provide customized teaching-learning material suitable for online classes is another way of facilitating the schooling of children. The Central government has recently launched the PM e-VIDYA platform, with 12 new DTH channels, one for each class to reach out to all strata of society. These efforts have proved beneficial to a sizable chunk of the school-going population.


No matter how simple technology or plan is being used to provide education to all, some of the children will remain left out during critical situations due to multiple causes such as poverty, migration, family problems, and so on. The education system is destined to face an array of issues post-Covid. These range from a new burden on Government schools due to the influx of students from low fee private schools as many of them will no longer be able to afford to pay for education due to financial constraints to psycho-social problems of children arising out of problems at home. All these hardships are going to affect children immensely. Given the above, the government should come forward with a policy perspective on the post-Covid response to education. This should entail a plan to address the specific academic needs and psycho-social needs of children once they return to school as well as strategies to mitigate Covid induced issues related to the management of schools, addressing emerging learning gaps among children, and training of teachers to use principles of blended learning flipped classroom. Such plans that clarify where to use low as well as high tech educational solutions which will prepare also prepare the government to combat any post-Covid crisis such as conflict, natural disaster or for that matter pollution.

SOCIAL MEDIA

 

The time we are living is a time of digitalization and the internet. People are connected with each other wireless with the help of social media. Social media is having a really amazing impact on our social life. Most people think this is a boon for us, but some of them think it’s actually a curse. People have been connected to social media in a high range, and social media has good and bad sides. We can do so many good things and as well can do so many bad things, it’s all about our mindset and intention.

ADVANTAGES:

  • Brand awareness – Compelling and relevant content will grab the attention of potential customers and increase brand visibility. See branding: the basics.
  • Brand reputation – You can respond instantly to industry developments and be seen as a ‘thought leader’ or expert in your field. This can improve how your business is seen by your audience. See public relations (PR). 
  • Cost-effective – It can be much cheaper than traditional advertising and promotional activities. The costs of maintaining a social media presence are minimal. If you choose to invest in paid advertising, you can spend as much or as little as your budget allows.
  • Website traffic – Social content can boost traffic to your website. This can lead to increased online conversions such as sales and leads.
  • Evaluation – It is easy to measure how much website traffic you receive from social media. You can set up tracking to determine how many sales are generated by paid social advertising.
  • Customer interaction – You can deliver improved customer service and respond effectively to feedback. Positive feedback is public and can be persuasive to other potential customers. Negative feedback highlights areas where you can improve.
  • Target audience – Customers can find you through the social media platforms they use most. You can choose to maintain a presence on particular platforms that are in line with your target audience. For example, if you are targeting young people you could reach them through Snapchat. If you are seeking business customers, LinkedIn may be the best channel. See social media platforms.
  • Brand loyalty – You can build relationships with your customers through social media. This can help increase loyalty and advocacy.
DISADVANTAGES:
  • Resources – You will need to commit resources to manage your social media presence, respond to feedback, and produce new content. This can include hiring and training staff, investing in paid advertising, and paying for the costs of creating video or image content.
  • Evaluation – While it is easy to quantify the return-on-investment in terms of online sales generated by social media advertising – there are some less tangible benefits. It can be hard to measure and place a monetary value on the brand awareness and reputation that social media can bring. It’s difficult to know how social media affects sales in-store.
  • Ineffective use – Social media can be used ineffectively. For example, using social media to push for sales without engaging with customers, or failing to respond to negative feedback – may damage your reputation.


There are more advantages to using social media, however, there is always advantages and disadvantages for a thing. As social media is too convenient for people, almost most of them don’t even have to ‘speak out’ to communicate with people. No longer, people will lose their communication skills



E.LALITHA