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INTRODUCTION
Leading economist John B. Taylor’s straightforward plan to rebuild America’s economic future by
returning to its founding principles.
Mired in a crippling economic slump and hamstrung by partisan political debates, America faces substantial economic challenges, from widespread unemployment to the government’s ballooning debt.
These assaults on our prosperity reflect the
unintended consequences of more than a decade of government intervention in virtually all areas of the economy. Stanford University economist John B. Taylor proposes a natural and reasonable solution to economic challenges: return to the country’s
founding principles—limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework—and rekindle its economic dynamism.
- Planning
- Goal oriented
- Industrious
- Motivation
- Calculative
1.Planning is the process of thinking about the activities required to achieve a desired goal by putting in place all necessary plans and measures at the right place and right time for project execution. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.
2.Goal orientation is the degree to which a person or organization focuses on tasks and the end results of those tasks. Strong goal orientation advocates a focus on the ends that the tasks are made for instead of the tasks themselves and how those ends will affect either the person or the entire company. This is a critical part of planning a project.
- Industrious : For every economic of country to grow the country have to industrious ie hard working. For an underdevelope country like ours for us to develope the country have be in this degree of industrialization and employ youths by empowering them
4.Motivation is the reason for people's actions, desires, and needs. Motivation is also one's direction to behavior, or what causes a person to want to repeat a setting task and perform more in an assign dusty. An individual is not motivated by another individual. Motivation comes from within the individual. It could be by paying more or giving your worker a study leave and sponsoring them or even offering them a gift for a work well down.
- Calculative: The act or process putting together figures before an expenditure is carried out to avoid mistake in future and the project execution proceed.