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Ad hoc is a Latin phrase meaning literally ' for this '. In English , it typically signifies a solution designed for a specific purpose, problem, or task rather than a generalized solution adaptable to collateral instances (compare with a priori ).
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The need for long-term economic planning to promote efficiency was a central component of Labour Party thinking until the 1970s. The Conservative Party largely agreed, producing the postwar consensus, namely the broad bipartisan agreement on major policies. [30] A long-term economic plan was a phrase often used in British politics.
The Parliamentary committees are of two kinds – standing or permanent committees and ad hoc committees. The former are elected or appointed periodically and they work on a continuous basis. The latter are created on an ad hoc basis as the need arises and they are dissolved after they complete the task assigned to them. [3]
Economist Robin Hahnel, who supports participatory economics, a form of socialist decentralized planned economy, notes that even if central planning overcame its inherent inhibitions of incentives and innovation, it would nevertheless be unable to maximize economic democracy and self-management, which he believes are concepts that are more ...
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The General Assembly may establish Standing Committees, Study Committees and Ad-Hoc Committees or sub-committees of a Standing Committee on specific matters. Currently, the Assembly has the following Standing Committees: [9] Political Committee; Economic Committee; Social Committee; Organizing Committee; AIPA Women Parliamentarians Conference ...
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