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According to Singer, "Expert Observers and Supervisors, Sent Out by Famine

question 321

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According to Singer, "Expert observers and supervisors, sent out by famine relief organizations or permanently stationed in famine-prone areas, can direct our aid to a refugee in Bengal almost as effectively as we could get it to someone in our own block. There would seem, therefore, to be no possible justification for discriminating on ..."


Definitions:

Dividend Income

Earnings distributed to shareholders from the profits of a company, acquired through the ownership of its shares.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's profit or loss.

Controlling Interest

Ownership of a sufficient portion of a company's stock to influence or control its management and operations.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue.

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