|
Production Quota
A production quota is a goal for the Production (economics), production of a good (economics), good. It is typically set by a government or an organization, and can be applied to an individual worker, firm, industry or country. Quotas can be set high to encourage production, or can be used to restrict production to Price controls, support a certain price level. Definition A quota refers to a measure that limits, either minimum or maximum, on a particular activity. Quotas are usually enacted by governments or organizations to protect domestic industries. In short, it limits the number of goods a country can export or import during a certain period of time. Criticism Quotas, like other trade restrictions, are typically used to benefit the producers of a good at the expense of consumers in that economy. Possible effects include Political corruption, corruption (bribes to increase a quota allocation) or smuggling (concealed actions to exceed a quota). Quotas may also create deadwei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
They Can't Miss If We Beat Our Quota
In Modern English, ''they'' is a Grammatical person, third-person personal pronoun, pronoun relating to a Subject (grammar), grammatical subject. Morphology In Standard English, Standard Modern English, ''they'' has five distinct word Morphology (linguistics), forms: * ''they'': the Nominative case, nominative (subjective) form * ''them'': the Accusative case, accusative (objective, called the 'Oblique case, oblique'.) and a non-standard English determiners, determinative form. * ''their:'' the dependent Genitive case, genitive (possessive) form * ''theirs'': independent Genitive case, genitive form * ''themselves'': prototypical Reflexive pronoun, reflexive form * ''themself'': derivative Reflexive pronoun, reflexive form (nonstandard; now chiefly used instead of "himself or herself" as a reflexive epicenity for ''they'' in pronominal reference to a singular referent) History Old English had a single third-person pronoun , which had both singular and plural forms, and '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milk Quota
A milk quota or dairy produce quota was a historical measure used by the United Kingdom government to intervene in agriculture. Originally introduced to reflect the agricultural policies of the European Economic Community, the quota's purpose was to bring rising milk production under control. Milk quotas were attached to land holdings and represented a cap on the amount of milk that a farmer could sell every year without paying a levy. Milk quotas were assets and could be bought and sold or acquired or lost by other means and so there was a market for them. Milk quotas were withdrawn on 31 March 2015. History Milk quotas were first introduced in the United Kingdom on 2 April 1984 under the Dairy Produce Quotas Regulations 1984, which reflected the then European Economic Community (now the European Union's) Common Agricultural Policy. Originally, they were to run until 1989, but they were extended several times, and were not renewed for the period following 31 March 2015. Each ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Import Quota
An import quota is a type of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. An import embargo or import ban is essentially a zero-level import quota. Quotas, like other trade restrictions, are typically used to benefit the producers of a good in that economy (protectionism). Enforcement Import quotas are usually implemented by awarding licenses to companies or individuals according to a specific catalogue of criteria, either free of charge, for a fee, or in the form of an auction. Importers without licences are not allowed to import at all, or in certain cases, can import only for a very high tariff premium.See In the case of a quantity quota, imports are restricted directly for importers based on the imports of the previous year, for example by setting weights, quantities and dimensions, etc. Quota share The quota share is a specified number or percentage of the allotment as a whole quota, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uprising Of 1953 In East Germany
The East German uprising of 1953 ( ) was an uprising that occurred over the course of two days in the German Democratic Republic (GDR) from 16 to 17 June 1953. It began with strike action by construction workers in East Berlin on 16 June against work quotas during the Sovietization process in East Germany. Demonstrations in East Berlin turned into a widespread uprising against the Government of East Germany and the ruling Socialist Unity Party the next day, involving over one million people in about 700 localities across the country. Protests against declining living standards and unpopular Sovietization policies led to a wave of strikes and protests that were not easily brought under control and threatened to overthrow the East German government. The uprising in East Berlin was violently suppressed by tanks of the Soviet forces in Germany and the '' Kasernierte Volkspolizei.'' Demonstrations continued in over 500 towns and villages for several more days before eventu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Individual Fishing Quota
Individual fishing quotas (IFQs), also known as "individual transferable quotas" (ITQs), are one kind of '' catch share'', a means by which many governments regulate fishing. The regulator sets a species-specific total allowable catch (TAC), typically by weight and for a given time period. A dedicated portion of the TAC, called quota shares, is then allocated to individuals. Quotas can typically be bought, sold and leased, a feature called transferability. As of 2008, 148 major fisheries (generally, a single species in a single fishing ground) around the world had adopted some variant of this approach, along with approximately 100 smaller fisheries in individual countries. Approximately 10% of the marine harvest was managed by ITQs as of 2008. The first countries to adopt individual fishing quotas were the Netherlands, Iceland and Canada in the late 1970s, and the most recent is the United States Scallop General Category IFQ Program in 2010. The first country to adopt individual tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Sharing Quota
The Market Sharing Quota (MSQ), In Canadian agricultural policy, is the federally-determined target for the amount of industrial milk to produce nationwide each year as part of its policy of supply management. It is determined by estimating the domestic demand for dairy products on a butterfat basis, adding about 3% to cover exports and subtracting the volume of approved imports. Provincial shares of the national quota are adjusted in line with changes in the total, and each province allocates its share to its producers according to its own quota policies. The Canadian Dairy Commission sets a target price for industrial milk based on production costs, including a return to labour, capital and management. Dairy farmers receive a payment from their provincial marketing board on in-quota deliveries of industrial milk. Farmers who produce in excess of their quota do not receive payments and, in some provinces, may face a financial penalty. Each province maintains and administers i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tobacco Quota
In the United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ..., Tobacco quotas ( poundage quotas, and in some cases acreage allotments) were a supply control feature of federal price support for tobacco. Burley tobacco was subject to marketing quotas and flue-cured tobacco was subject to marketing quotas and acreage allotments. Tobacco quota owners (owners of farmland to which quota is assigned) voted every three years on whether or not to continue with price support (through no-net-cost loans) and marketing quotas. Producers of several minor tobaccos (including Maryland (type 32), Pennsylvania cigar-filler (type 41), and Connecticut Valley cigar-binder (types 51-52)) had disapproved federal support. The national marketing quota (basic quota) was calculated according to a fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peanut Poundage Quota
Poundage quotas were authorized by the Agricultural Adjustment Act of 1938, so the peanut poundage quota was the supply control mechanism for the peanut price support program until its revision in the 2002 farm bill (P.L. 107-171, Sec. 1301-1310). The 1996 farm bill (P.L. 104-127) required that (for the 1996-2002 crops) the poundage quota be set equal to projected food demand and related uses. The national quota was allocated among states based on historical shares, and then divided among farms based on production history. Owners (via inheritance or purchase) of quota were allowed to sell peanuts produced against their quota, or sell, lease and transfer their quota to other producers. Peanuts marketed above the quota limits (called additional peanuts) had to be crushed for non-edible uses or exported. The 2002 farm bill eliminated peanut quotas and the two-tiered pricing structure and replaced this with a support program comparable to that for so-called covered commodities -- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Adjustment Act Of 1938
:''This is an article about the "Agricultural Adjustment Act of 1938". For the act by the same name in 1933, see Agricultural Adjustment Act.'' The Agricultural Adjustment Act of 1938 () was legislation in the United States that was enacted as an alternative and replacement for the farm subsidy policies, in previous New Deal The New Deal was a series of wide-reaching economic, social, and political reforms enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, in response to the Great Depression in the United States, Great Depressi ... farm legislation ( Agricultural Adjustment Act of 1933), that had been found unconstitutional. The act revived the provisions in the previous Agriculture Adjustment Act, with the exception that the financing of the law's programs would be provided by the Federal Government and not a processor's tax, and was also enforced as a response to the success of the Soil Conservation and Domestic Allotment Act of 1936 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poundage Quota
A poundage quota, also called a marketing quota, is a quantitative limit on the amount of a commodity that can be marketed under the provisions of a permanent law. Once a common feature of price support programs, this supply control mechanism ended with the quota buyouts for peanuts in 2002 and tobacco in 2004. Marketing quotas (or allotments) — Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit the marketing of certain commodities. The marketing quota, which must be approved by at least two-thirds of the eligible producers voting in a referendum, is intended to ensure an adequate and normal supply of the commodity, and also ensure that production and supplies are not excessive. Growers who market in excess of their quotas pay penalties on the excess and are ineligible for government price-support loans. Quotas have been suspended for wheat, feed grains, and cotton since the 1960s. Rice quotas were abolished in 1981. To ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
