Kanwal Fatima

Nov 5, 2024 | medium.com | Kanwal Fatima

Kanwal Fatima·Follow2 min read·--Production theory is the foundational knowledge in economics that revolves around how firms and the economy use resources in production. It elucidates the linkage of the input factors, which are labor, capital, and raw materials, to the resulting output in the form of goods or services. To put it simply, an understanding of production theory makes businesses utilize resources in a manner that costs are minimized while ensuring efficiency in returns.

Nov 3, 2024 | medium.com | Kanwal Fatima

Kanwal Fatima·Follow2 min read·--Corruption, one of the biggest issues in the world today. It is an ingrained culture that seems resistant to improvement. The Corruption Consumer Demand Theory gives a new perspective by which one can understand how corruption continues to thrive. According to it, corruption thrives, not only because of its supply side, or "people willing to accept a bribe or manipulate things," but also because there is huge consumer demand for corrupt services.

Nov 2, 2024 | medium.com | Kanwal Fatima

Kanwal Fatima·Follow2 min read·--Books are more than ink and paper; they are doors to a new world, offering readers the opportunity to live other lives, cultures, and viewpoints. With writing so rich and stories so compelling, authors create experiences that reveal human potential and bring readers out of their monotony into new experience. Books really touch the heart, guiding us through the complexities of our own lives.

Nov 2, 2024 | medium.com | Kanwal Fatima

Kanwal Fatima·Follow2 min read·--The internet has totally changed the way people communicate. There are no longer letters taking weeks to reach the recipients; messages are sent and received immediately anywhere in the world. New means of personal expression and connectivity are offered by social media applications such as Facebook, Twitter, and Instagram, allowing one to share moments in their life with friends and family in real time.

Nov 1, 2024 | medium.com | Kanwal Fatima

Kanwal Fatima·Follow2 min read·--Of all the most effective ways of changing our lives, the one we want is perhaps building good habits. So how do we build good habits that stick? This would mean learning more about how science forms habits to make the process easier and much more effective. Here are some basics about habit-building for lasting changes:Every habit works through a simple psychological shortcut called the "habit loop." The habit loop is defined as follows:1.