Free Economic Systems & Principles Essay Examples & Topics. Page 2

709 samples

The Economy of the UAE

The difference in the wealth among the Emirates arises from the unequal distribution of natural resources and especially oil. This was reduced to 40 percent in the 1990s and was at 25 percent by 2011.
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  • Words: 1115

The Subprime Mortgage Crisis

Bianco explained that one of the reasons that caused the crisis was the escalated increase in the housing value. This was followed by a drastic fall in the value and prices of houses.
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  • Pages: 5
  • Words: 1365

David Harvey About Capitalism

Harvey explains further that the system has a lot of faeces from the system and how we come out of the problem is determined by how we came out of the last one, the problems [...]
  • Pages: 2
  • Words: 573

Economic Analysis and Competition in Oligopolistic Firms

Economic analysis comes in handy to explain the influences of various companies in the oligopoly especially in the view of the fact that the other companies in competition are fully aware of their rivals' market [...]
  • Pages: 8
  • Words: 2181

National Differences in Political Economy

However, this aspect is different in various nations due to policy differential and the level of compliance with the law. Hence, a country's level of economic development is affected by political and legal decisions.
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Paradox of Thrift Explained

This is an economic concept that was coined by Maynard Keynes where he argued that the increase in the savings of individuals during a time when the economy was in a recession could result in [...]
  • Pages: 2
  • Words: 608

Business Environment in Germany

Germany is a country in central Europe with a population of more than 82 million and is considered one of the largest countries of the region. The majority of the population is German and the [...]
  • Pages: 2
  • Words: 554

What isn’t for Sale?

According to Sandel, it is the financial crisis experienced in 2008 as well as the preceding years which made the market economy become a market society. The list of sellable services and items shown at [...]
  • Pages: 2
  • Words: 655

Overview of the Netherlands’ Economy

In response to the economic crisis, the government put appropriate measures in place to reduce the impact of global economic crisis."Emerging from deep recession and high unemployment in the early 1980s, the economy shifted to [...]
  • Pages: 7
  • Words: 1976

Adam Smith’s Understanding of Capitalism

Therefore, according to Adam Smith's understanding, capitalism is a system that encompasses the following sets of behavior: "market which is characterized by commodity production"; "private possession of factors of production"; "large section of population that [...]
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  • Pages: 11
  • Words: 2998

Germany Economy in the Modern Days

The following is the current contribution of various sectors to the economy in the year 2010. Being a major contributor to the European Union, Germany is an actor in the global economy.
  • Pages: 4
  • Words: 1078

Impacts of International Economics

On the other hand, international economics is concerned on the effects of international differences on economics in relation to productivity and consumer preferences.
  • Pages: 2
  • Words: 556

Socio-Political and Economic Environment

In academia, cultural understanding has helped in the growth of cultural literature and documentation of different people's cultures in positive portrayal.
  • Pages: 3
  • Words: 809

Trade Liberalization Effects on Latin America

Some of the factors which have been attributed to criticizing liberalization of trade is the fact that with removal of trade barriers, unemployment occurs, because in the long run most people lose their jobs since [...]
  • Pages: 16
  • Words: 4437

Capitalism: A Love Story: A Reflective Paper

Moore's movie provides a clear answer for that; in America, which is considered one of the wealthiest nations in the world, 1% of the population own 95% of country's resources.
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  • Words: 744

Italy as a Country for International Business

The Colosseum and the Leaning Tower of Pisa are examples of the global's most known structures in Italy. Some of the Hofstede cultural aspects in Italy include individualism and power distance.
  • Pages: 7
  • Words: 1940

Saving Capitalism: Video and the Articles Analysis

The video and the articles analyzed in the paper allow for a comprehensive understanding of current issues, with the increasing income inequality that undermines the virtues of capitalism being the major challenge.
  • Pages: 4
  • Words: 1199

The Various Methods of Cost Allotment

This paper thus will evaluate the various methods of cost allocations over departments which are composed of: the direct method, Step method, Reciprocal method, and the step method allocation as well as calculations based on [...]
  • Pages: 4
  • Words: 1136

“Questions for Free-Market Moralists” by Srinivasan

The author presents several questions regarding the moral implications of the free market, such as the circumstances and specific situations in which the exchange between two parties is not a result of fair conditions.
  • Pages: 2
  • Words: 555

“Principles of Economics” by Alfred Marshall

According to Marshall, "when demand and supply are in equilibrium, the amount of....may be called the equilibrium-amount, and the price at which it is being sold may be called the equilibrium-price".
  • Pages: 2
  • Words: 575

Ricardo’s Labor Theory of Value

Also, the theory shifts away from evaluating the value of labor in terms of the wages paid to workers and labor-time involved in production to the determination of the quantity of labor input in the [...]
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  • Pages: 2
  • Words: 555

Florida’s Concept of Three Ts

There are other examples in which the lack of such a component as talent has blocked the way for the state to introduce the phenomenon of a Creative Class into its economic structure.
  • Pages: 8
  • Words: 2246

Poverty as the Deprivation of Capabilities

Nussbaum supports Sen's argument that efforts in poverty eradication should be focused on capability deprivation, which is the taking away of the abilities bestowed on someone, rather than raising the income of the poor.
  • Pages: 5
  • Words: 1477

Joseph Stiglitz’s Making Globalization Work

Joseph Stiglitz's book Making Globalization Work is the representation of the author's opinion on the question of globalization in the context of the economic and political development of countries with determining globalization's main challenges and [...]
  • Pages: 3
  • Words: 846

Price Takers vs. Price Makers

In such a market, the price is determined by the forces of demand and supply, and the firm is left with no option than to take the prices. A monopoly firm is one that has [...]
  • Pages: 2
  • Words: 735

Importance of Human Capital

Currently, corporations are recognizing the economic importance of investing in their employees because the ability to stay on top of the economy lies in the efforts of developing and retaining their people in the organization.
  • Pages: 3
  • Words: 819

Economics of Sweden: Environment and Activities

The country borders Norway to the West and Finland to the northeast. Also, Sweden has water borders with Denmark, Germany, and Poland to the south and Estonia, Latvia, Lithuania, and Russia to the east.
  • Pages: 13
  • Words: 1950

Neo-Liberalism vs. Classic Liberalism

One of the reasons for this is that, unlike what it happened to be the case with Classic Liberalism; Neo-Liberalism refuses to refer to the notion of freedom as an abstract category, which represents the [...]
  • Pages: 6
  • Words: 1694

Factors that Influence International Business

On the other hand, if the prices of goods and services in the international market are higher than the prices in the domestic market, the country will opt to sell its commodities in the international [...]
  • Pages: 7
  • Words: 1999

Free Trade Agreement Colombia and USA

The objective of the agreement is to eliminate the evident trade barriers that have been affecting importation and exportation of goods between the nations.
  • Pages: 4
  • Words: 1139

Economic Crisis in Greece

This paper is aimed to evaluate the position of Greece in the euro zone, and it also focuses on the effects which Greece may suffer if it decides to leave the euro zone.
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  • Words: 695

The Retail Grocery Market Structure in Australia

The influence that organizations in an oligopoly market structure have is very similar to the influence of a monopoly organization because the few organizations in oligopoly have full influence on prices. In an oligopoly market [...]
  • Pages: 10
  • Words: 2428

Organizational Change Models and Approaches

These approaches have to take into account the employees of the organization, the cultural setting and value system that are in use within the organization and the business environment that the organization operates in.
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  • Words: 2212

Energy Crisis in Pakistan

At the present moment, the most common source of energy that is used in the world is electricity. In 2010, violent protests emerged in several parts of the nation, especially major cities of Pakistan in [...]
  • Pages: 7
  • Words: 1961

Jobs in the Tourism Sector

The more creativity is employed in the tourism industry, the more the number of employment opportunities. Most of the employees that work in the tourism industry are of young age meaning that the tourism industry [...]
  • Pages: 6
  • Words: 1681

Impact of Event Tourism in UAE

This is an important source of income for the citizens of the UAE and the government. The UAE's Emirates is one of the leading airlines in the word due to the event tourism in the [...]
  • Pages: 6
  • Words: 1684

Global Financial Crisis Causes and Impacts

After a number of years since the first occurrence of the crisis, it is still not possible to explain fully the impact of the global financial crisis because the economic emergency keeps on hindering and [...]
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History of Economic Thought

Mercantilists consider the advancement of foreign trade to be a key to the attainment of state security and prosperity of a country.
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  • Words: 1130

Saudi Arabia Economy Profile

The tax rate has been reduced to stimulate the economy and this is one of the factors that have made the country a good investment destination for foreign investors.
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  • Words: 2873

South Korea political economy

In South Korea, the impact of globalization and changes to the IPE has opened up the country's market in addition to economic empowerment.
  • Pages: 5
  • Words: 1432

Relationship between Economic Growth and Nation’s Health

Ascertaining the influence of economic growth in health care is necessary for policy makers since such an intimate understanding of the relationship between economic growth and population health will enable them to formulate astute policies [...]
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  • Words: 2223

Eminent Domain: History, Elements, Usage

Just compensation This element states that the amount of compensation given to property damaged should be acceptable to both the private owner and to the public.
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  • Words: 705

Foreign Workforce in Malaysia

To begin with, negative perceptions on construction jobs among the locals in Malaysia can be blamed for the enormous number of foreign workers in this industry.
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  • Words: 1131

History of Gold Production

Gold is popular as a precious commodity because of its uses in the society. The increasing production of gold is a threat to the existence of the metal.
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  • Words: 1108

Deep Economy by Bill McKibben

The book is worth reading and recommending to everybody wishing to make a change in their lifestyle by involving the community.
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  • Words: 919

Rwanda’s Economic Development

Rwanda was ranked 80th in the latest global competitiveness index and are employing emphasis on ICT to move through stages of development.
  • Pages: 7
  • Words: 2003

A Sustainability Assessment of the UK Car Fleet

The present literature review will focus on the definition of sustainability, indicators, and stakeholders of the transportation system, sustainability assessment methods, sustainable transport, and the relevant assessments recently conducted in the United Kingdom, particularly in [...]
  • Pages: 15
  • Words: 4218

Factors Affecting Asian Century After Pandemic

The e-commerce industry in Asia has experienced rapid growth in recent years, driven by the increasing adoption of technology and the availability of internet infrastructure and mobile networks.
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Socialist China and Capitalist America

The concept of capitalism is based on private actors and favors free-market dynamics and individual control of the property to best serve their interests hence the society.
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Hero’s Journey: Institutional Economics

I am proud of my accomplishments and appreciate the opportunities that have allowed me to grow and evolve. I have discovered that life is a journey and that everyone is the hero of their story.
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  • Words: 559

Economic Systems & the Labor Market: Video Analysis

The video describes various historical stages that contributed to the development of the modern economy. Currently, people have reached the point of being able to use the Internet and digital platforms for more successful work.
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Jamaica: Economic Situation Issues

One of the main manifestations of this crisis is the export issues that Jamaica faces. The tariffs are very disadvantageous for Jamaica, and it is strongly related to the devaluation.
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Operations to Ensure Food Safety

The Preventive Controls for Animal Food regulation requires suppliers of animal food, particularly pet food, to apply the same careful preparation used to identify and avoid dangers in the growth of human food.
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The US Economy Government Agencies’ Websites

The purpose of this new corporation is to partner with players in the private sector to invest in various sectors including healthcare, agriculture, technology, and critical infrastructure.
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Varieties of Capitalism and Employee Relations

In providing the comparison for employee relations, the VoC approach has the strength of drawing attention to sectoral, national, and social responses to the crisis and the globalization challenges.
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  • Words: 942

Minimum Wage: Overview and Analysis

The pandemic has led to a huge deterioration of the economy, and raising the minimum wage is not something that businesses can handle.
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  • Words: 832

Effects of Changing Income Levels on a Business

After the economic crisis of 2009, many businesses across the world that enjoyed steady rates of economic growth have faced the problem of changing income levels of the general populace.
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  • Words: 636

National Minimum Wage Analysis

The minimum wage is the legally established wage for the rate fulfilled by the employee. The higher the minimum wage, the higher the taxes.
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The Realization of the UAE Energy Plan 2050

The UAE energy plan and the green economy are among the key emerging trends influencing the transition and can affect how the future unfolds in the energy sector and the people of the UAE at [...]
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  • Words: 699

Freedom or Security: Homeland Issues

In many ways, the author sheds light on the overreactions or inadequate responses of the US government, which led to such catastrophes as 9/11 or the war in Iraq.
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  • Words: 278

Financial Situation in Ireland

The austerity plan designed by the Ireland government under the conditions of the EU and the IMF is to have job cuts in the public job sector.
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  • Words: 954

Ashghal Organisation Comprehensive Assessment

The analysis of the activities of a large organisation may allow assessing its success and failures in external and internal operating environments and identifying the key factors that affect the specifics of its work.
  • Pages: 11
  • Words: 3011

The Ascent of Money – Blowing Bubbles

The price for a share tells how much people rely on the cost of the company in the future. The life of a stock market represents the reflection of human moods on the price of [...]
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  • Words: 676

Valero Energy: Marketer and Producer of Fuels

The corporation is a significant figure in the international oil and power market. A limited partnership of Valero Energy Corporation is to buy terminals of refined petroleum in Louisiana and Houston.
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Turkey: Establishing a Manufacturing Plant

This means that the subsidiary will suffer if the inflation rate is high as the cost of goods needed for production will also rise hence running the business to a loss.
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Contract Deals Structure Management

This practice is becoming a bad plague in the global economy since the spirit of investment, which is the basis of all business and economic activities, is being strangled to a slow and painful death.
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  • Words: 862

Process of Forecasting Sales for the Company

Forecasting allows the management of business organizations to identify their chances of making a good profit as well their stands in the market while they assure their stakeholders, including the stockholders, to have the resounding [...]
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  • Words: 1352

Effects of a Bubble Economy

The authors suggest that at the apex of the bubble quake, the aftershock will come in which will result in the collapse of the dollar and the government debt.
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Capitalism in America in 1865-1930’s

The capitalist economy of the US between the 1865 and 1930 laid a framework for the present American economic system. The objective of the union was to protect the rights of the workers, who were [...]
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  • Words: 567

African Studies. Contemporary Politics and Society

Social and economic processes in Africa in the 1980s and 1990s are closely linked with the economic reforms of the newly independent States and the values of international cooperation in the sphere of economic development.
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  • Words: 563