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Rural exodus can also follow an ecological or human-caused catastrophe such as a famine or resource depletion. These are examples of push factors. People can also move into town to seek higher wages, educational access and other urban amenities; examples of pull factors.
The system was pursued to develop in order to create synergies between AMR, Marriott, Hilton Hotels Corporation and Budget Rent-A-Car and fully integrate and unify the reservation systems of the companies involved. In 1988 the four large corporations made contracts to complete the system by June 1992 project at a cost of $55 million.
In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function .
ReserVec was a computerized reservation system developed by Ferranti Canada for Trans-Canada Air Lines (TCA, today's Air Canada) in the late 1950s. It appears to be the first such system ever developed, predating the more famous SABRE system in the United States by about two years. Although Ferranti had high hopes that the system would be used ...
A pull system initiates production as a reaction to present demand, while a push system initiates production in anticipation of future demand. In a pull system, production is triggered by actual demands for finished products, while in a push system, production is initiated independently of demands.
Production can be either increased, decreased or remain constant as a result of consumption, amongst various other factors. The relationship between production and consumption is mirror against the economic theory of supply and demand. Accordingly, when production decreases more than factor consumption, this results in reduced productivity.
The reservation system was created following the expansion of the United States into tribal lands throughout the 19th and 20th centuries, during United States territorial acquisitions. This effort started with the Indian Appropriations Act of 1887, [ 2 ] which created the first reservations.
The inputs to the production function are commonly termed factors of production and may represent primary factors, which are stocks. Classically, the primary factors of production were land, labour and capital. Primary factors do not become part of the output product, nor are the primary factors, themselves, transformed in the production process.