Difference between revisions of "Quota"

Revision as of 22:30, June 29, 2007

The quota can have two meanings:

First, it can be a number or percentage which sets an upper limit;

Second, it can be a number or percentage which sets a minimum.

(Paraphrased from American Heritage Dictionary)

@@ Line 1: / Line 1: @@
-A quota in economics is a limit on the quantity of a good that may be imported.
+The quota can have two meanings:
-A quota in affirmative action is a predetermined, fixed percentage of selected individuals (such as employees or students) who must be members of a certain race.  It is generally illegal to use actual quotas in hiring or school admissions.
+First, it can be a number or percentage which sets an upper limit;
+Second, it can be a number or percentage which sets a minimum.
+(Paraphrased from American Heritage Dictionary)