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Precautionary savings are intimately associated with investments, if earnings are not used for purchasing commodities and services; there is a probability that the precautionary savings can be invested to generate fixed capital and achieve economic growth. [3] Precautionary saving is different from precautionary savings.
Precautionary statements are one of the key elements for the labelling of containers under the GHS, along with: [4] an identification of the product; one or more hazard pictograms (where necessary) a signal word – either Danger or Warning – where necessary; hazard statements, indicating the nature and degree of the risks posed by the product
GHS precautionary statements: Measures to minimize or prevent adverse effects. There are four types of precautionary statements covering: prevention, response in cases of accidental spillage or exposure, storage, and disposal. The precautionary statements have been linked to each GHS hazard statement and type of hazard.
precautionary statements, indicating how the product should be handled to minimize risks to the user (as well as to other people and the general environment) the identity of the supplier (who might be a manufacturer or importer). Each hazard statement is designated a code, starting with the letter H and followed by three digits.
In United States safety standards, precautionary statements are sentences providing information on potential hazards and proper procedures. They are used in situations from consumer product on labels and manuals to descriptions of physical activities. Various methods are used to bring focus to them, such as setting apart from normal text ...
This is the legal status of the precautionary principle in the European Union. On the other hand, an 'approach' usually does not have the same meaning, although in some particular cases an approach could be binding. A precautionary approach is a particular "lens" used to identify risk that every prudent person possesses (Recuerda, 2008) [29]
Preparedness is a set of actions that are taken as precautionary measures in the face of potential disasters. Being prepared helps in achieving goals and in avoiding and mitigating negative outcomes. Being prepared helps in achieving goals and in avoiding and mitigating negative outcomes.
In economic theory, specifically Keynesian economics, precautionary demand is one of the determinants of demand for money (and credit), the others being transactions demand and speculative demand. The precautionary demand for money is the act of holding real balances of money for use in a contingency. As receipts and payments cannot be ...