An essay on ecotourism

An essay on ecotourism Ecotourism Essay Ecotourism involves responsible traveling to fragile, pristine and mostly protected areas. This takes place for different purposes, from educating the traveler, fostering respect for different cultures to directly benefiting the economic and political empowerment of local communities (Garana, 2008). Ideally, ecotourism incorporates the following criteria; promote biological and cultural diversity, touring unspoiled natural habitats, and the main attractions being local culture, flora and fauna. In short, ecotourism operations are defined by their commitment to the environment, education, nature and culture. The main objectives of ecotourism are providing nature-based, environmental education experiences for visitors and managing this in a sustainable manner (Badan the sustainable use of ecological resources, increased environmental and cultural awareness, conservation ethos, support of local economies through increased revenue from visitors and the use of   local supplies and services.

Factors of production and circular flow of income Coursework - 1

Factors of production and circular flow of income - Coursework Example This assumption is made in order to facilitate deductions from theories, holding all except one variable constant. For example the demand curve is drawn holding all factors affecting demand, except price, constant. (Wessels, 2006) Economics is built upon three concepts of scarcity, choice and opportunity cost. Scarcity refers to unlimited wants and limited resources that involve making a choice as resources need to be allocated in alternative uses. All economic agents face the basic economic problem and the choices they make involves a tradeoff. (Wessels, 2006) Economics can be divided into two parts that is Microeconomics and Macroeconomics. Microeconomics deals with individual units such as households, firms, markets etc. for example individual demand for bicycle in the economy, or market demand for cars. On the other side Macroeconomics deals with aggregates and the economy as a whole, i.e. what determines the price of all goods. For example aggregate demand for all goods and serv ices in the economy. (Wessels, 2006) Analyses in economics are based on positive and normative statements. Positive statements refer that can be checked against evidence for example an increase in interest rates encourage savings. While normative statements refer to what should be , for example firms should be encouraged to invest. (Wessels, 2006) Factors of Production Land refers to natural resources that are created by nature and not those earning assets created by man. Labour refers to the physical and mental ability of a human provided to a firm. It includes the part of human population that is willing to provide to economics production. Capital that is also called as ‘reproducible capital’ that is the sum of earning asset created by man, while the last Entrepreneur is the risk taker and organizes other three factors of production. (Mokyr, 1985) There are certain characteristics of different factors of production but two common characteristics in all includes that a ll factors of production are limited in amount and they have alternative uses as well. At any point in time one can increase the amount of land, capital and labour it has but it important to note is that it is finite and cannot increase beyond its fixed a capacity. More over these factors of production can be used to produce many different goods and services and hence are substitutable and interchangeable at many levels. This helps one to decide what, how and for whom to produce. (Goldberg, 2000) Characteristics of labour are important in determining wages and volume of production. Firstly labour is a human factor and the active factor. It has its own will to do anything, likes dislikes and so needs to work along with other factors in production. Also labour is different in efficiency, skills, also is mobile and perishable. Each labour has different efficiency and can be moved between jobs. Quality of labour can be improved by improving its productivity by training, educating workfo rce and by providing them better medical facilities. (Marshall, 2007) Land is the primary and passive factor of production as it is the basis from which production starts and it cannot do anything itself as it has be operated by labour. It could be used in multiple ways such as for agriculture; setting up factory but it

Vp 2 Essay Example | Topics and Well Written Essays - 500 words

Vp 2 - Essay Example The Tea Ceremony is a ritualized Japanese cultural contribution that involves taking tea in a specific space with prearranged procedures. Supposed to have started in the 16th century, the tea ceremony was a wealthy affair sought to unite rulers, warriors, and merchants. It was a social function for the rich that provided them a forum to discuss weighty issues (Cooper and McLean 1). They used natural forms of utensils, especially from China and Korea, countries revered for their culture. To an extent, the value of these objects and utensils was synonymous to that of treasures. The Japanese have a liking for such imperfect objects (natural form), which is a characteristic of their culture. Most of them were unglazed objects made in kilns that may seem to have no value at first sight. Their value has remained over the years to present where the utensils/objects re still seen as valuable. The preparation and drinking powdered green tea (matcha) is a delicate procedure that involves years of training. It involves detailed choreography that a layperson cannot easily master. The interaction in a tearoom not only involves the host and the guests, but also the utensils (Cooper and McLean 5). The guests witness the tea preparation and each step must be done specifically. Surprisingly, there is no repetition of the process in any other subsequent ceremony; the choreography only applies to a singular tea gathering. In addition, there is tea etiquette pertaining to the drinking of the tea, and the usage of the utensils. The utensils have both a practical value and an aesthetic value that the Japanese tradition appreciates. During a ceremony, there are several objects and utensils, but only a few serve in the occasion. The Tea Ceremony resulted in the creation of several other forms of objects that are enshrined in Japanese traditions. The relevance and significance of the ceremony lie in the need for purification and the connection with nature. Although