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

756 samples

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

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

International Development Sector

Therefore, International development mainly focuses on the one goal that seems to be a problem in the third world countries like those in Africa, this is poverty, their main duty is to ensure that the [...]
  • Pages: 8
  • Words: 2175

Economic Problems in the US

Some of these problems can be related to the formulation of bad policies of governance by the federal government and the ignorance of the people of the United States of America and the overwhelming global [...]
  • Pages: 2
  • Words: 550

Genuine Progress Indicator

GPI is used to describe economic growth by accounting the factors related to the quality of life and provide the measure to sustain it in the future.
  • Pages: 2
  • Words: 550

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.
  • Pages: 3
  • Words: 691

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.
  • Pages: 1
  • Words: 297

Brazil and Canada: Economic Systems

It is a type of economy that combines elements of a free market economy with government intervention, regulation, and aspects of a planned economy, although the core of the economy itself remains capitalist.
  • Pages: 2
  • Words: 596

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.
  • Pages: 2
  • Words: 559

Capitalism: Definition and History

Further, this system indeed considers the needs and interests of private actors to be of vital importance and does not allow the authorities to control the trade and industry of the country.
  • Pages: 2
  • Words: 576

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.
  • Pages: 1
  • Words: 302

British Capitalism: Nature and Characteristics

It discusses the nature and characteristics of Britain's capitalism by outlining its history and how the principal city, London, plays a critical role in the spread of capitalism.
  • Pages: 3
  • Words: 909

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.
  • Pages: 1
  • Words: 315

Corruption: What Everyone Needs to Know

Besides, the poor personnel policy of the state permits the spread of corruption and opportunities for promotion independent of the actual results of the employees' activity.
  • Pages: 4
  • Words: 1160

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.
  • Pages: 3
  • Words: 939

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

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.
  • Pages: 1
  • Words: 325

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.
  • Pages: 3
  • 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.
  • Pages: 3
  • Words: 832

Finland Market Overview and Analysis

The gaming industry also has a considerable influence on the consumer electronics market. Finland is a highly urbanized country, with almost 85% of people living in cities and towns.
  • Pages: 3
  • Words: 846

Limited Liability Company (LLC) Overview

At the same time, the legislator recognized the American LLC as a form of a legal entity, which is the most suitable for the functioning of a project company.
  • Pages: 1
  • Words: 394

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.
  • Pages: 2
  • 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.
  • Pages: 1
  • Words: 304

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.
  • Pages: 1
  • Words: 278

The Changes in Commercial Lending

The willingness of the lender to pay the loan is also considered before the loan is finally granted. The value of the national currency in most of the nations today has also altered the trends [...]
  • Pages: 8
  • Words: 2256

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.
  • Pages: 3
  • Words: 954

Fasb Ongoing Project for Revenue Recognition

The FASB project was prepared for the purpose of acting as an update and is summary of the project activities and the decisions that have been made by the international accounting standards board and the [...]
  • Pages: 14
  • Words: 4044

Short View About Joan Violet Robinson

She also indulged in the schismatic appraisal of the Hellenism average production function because of her generalizing Keynes to a long-run hypothesis of development.
  • Pages: 2
  • Words: 643

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 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

The Importance of Procurement in Public Organizations

The primary goal of public procurement is to "obtain the right goods, capital assets or services...in the right quantity, for delivery at the right time to the right place, from the right source...with the right [...]
  • Pages: 7
  • Words: 2045

The Main Principles of Economics

Meanwhile, the thoughts of Adam Smith on the subject are not only valuable in terms of a better understanding of the issue but also comply with the principles of economics. The main principle that relates [...]
  • Pages: 3
  • Words: 808

Ten-Year Economic Growth of Australia

The aim of this report is to show the status of the economy of Australia. The number of young people in the country constitutes the greater percentage of the population.
  • Pages: 4
  • Words: 1132

The Ascent of Money – Safe as Houses

Looking from a broad historical perspective, Niall Ferguson devotes the chapter "Save as Houses" to the observation of the real estate concept transformation, describes the place of the real estate market in the economic systems [...]
  • Pages: 2
  • Words: 569

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 [...]
  • Pages: 2
  • 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.
  • Pages: 2
  • Words: 590

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.
  • Pages: 3
  • Words: 864

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.
  • Pages: 3
  • 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 [...]
  • Pages: 5
  • 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.
  • Pages: 8
  • Words: 2416

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 [...]
  • Pages: 2
  • 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.
  • Pages: 2
  • Words: 563

Eugene Fama’s Contribution in the Field of Economics

The essay explores the importance of Eugene Fama inputs in the field of economics, his major input and how they relate to Ecuadorian economy. His developments and investigations in the field of market efficiency are [...]
  • Pages: 5
  • Words: 1333

Imperialism: A Study by John A. Hobson

The author of this literature was found to be George Allen & Unwin, eminent economists, who appealed to the economists in the country against the school of imperialism opted by Great Britain in the early [...]
  • Pages: 3
  • Words: 749

The Concept of Capitalism in China

In actual by capitalist state Chinese dreamt of living a life style free of bureaucracy so that they may be able to offend their sense of pride and demean the life-style of the workers' families.
  • Pages: 6
  • Words: 1814

“Red Lining” – A Type of Discrimination

The idea was discovered when many of the banks and insurance companies found it less profitable to invest their money in particular areas within the US, to keep it simple and clear there were red [...]
  • Pages: 2
  • Words: 581

The Restructuring of Hong Kong Analysis

The geographical spread of the areas now opened to the world's trade thus replicated the range of treaty ports at the peak of their growth in the late 20th century.
  • Pages: 3
  • Words: 850

Circular Economy and Its Business Implementations

The predicaments of global warming and climate change have encouraged environmentalists and economists to consider evidence-based models that have the potential to improve people's experiences and maintain the integrity of the natural environment.
  • Pages: 10
  • Words: 2761

Classical and Neoliberalism in Global Economy

In particular, the founders of this theory promoted the contractual nature of the relationship between the government and business, the restriction of authorities' intervention, and autonomy in the context of asset allocation.
  • Pages: 8
  • Words: 2224

“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

Economics: Socialism vs. Liberal Capitalism

Karl Marx, a great proponent of socialism, refers to the ethical, economic, and political contribution of socialism to the welfare of the society in asserting his position on the debate of the best economic model.
  • Pages: 8
  • Words: 2310

Capital and Interest Correlation

While discussing the role of the scenarios in the economy of countries, it is possible to refer to the examples from the US economy, the Japanese economy, and the UK economy.
  • Pages: 2
  • Words: 540

“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

Gender-Based Principles of Economic

Based on this, the fairer car prices for women may indicate a greater accessibility of the given population group to this type of resources, as well as their greater involvement in the economic activity within [...]
  • Pages: 4
  • Words: 694

Economy of Capitalism, Communism, Fascism and Socialism

Government structure: the structure of the government in the two countries, involves federal governments that are led by the political elites in the countries. The government has the duty of formulating policies that regulate the [...]
  • Pages: 5
  • Words: 1709

“State Capitalism Comes of Age” by Ian Bremmer

Thus, Bremmer concentrates on the discussion of the opposition of the models realized in such countries as Russia, China, Brazil, and India with basing on the principles of state capitalism and the model of free [...]
  • Pages: 2
  • Words: 550

Monetary Policy, Fiscal Policies and Labour Markets

Considering the situation from the point of view of control, it should be stated that fiscal policy is "changes in the taxing and spending of the federal government for purposes of expanding or contracting the [...]
  • Pages: 3
  • Words: 845

Capitalism in Poland and Its Transitional Stage

The decades of socialism had a significant impact on the transition countries and resulted in the lack of institutions involved in the provision of the functioning of a market economy.
  • Pages: 9
  • Words: 2510

The Sharing Economy Concept Definition

The forces that trigger such tendency and lead to the global recognition of the sharing economy are still adapting. As a business model, the sharing economy takes different forms and is characterized by unique features.
  • Pages: 7
  • Words: 2089

The Collinearity and Multicollinearity Concepts

The phenomenon that appears when in a multiple regression two predictor variables have a non-zero correlation is known as collinearity; at the same time, the effect when more than two variables are correlated with one [...]
  • Pages: 4
  • Words: 1291

Free Market Debate: Benefits and Drawbacks

The origins of this concept and phrase can be linked to Friedman, an economist, who believed in the creation of a free market that would not be controlled by the government.
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  • Pages: 2
  • Words: 583

Markets: Social or Economic Foundations?

The modern capitalism is the consequence of expansion of markets as frameworks for the production and allocation of commodities. In his work of Economy and Society, Max Weber dedicates a brief section to the concept [...]
  • Pages: 5
  • Words: 1438

Society, Culture, Economy in “Capitalism” Mini-Series

While certain points, such as the historical, sociological, and anthropological grounds for the Smith's work are persuasive and present a solid basis for further inquiry, some of the conclusions, such as the inherent malevolence of [...]
  • Pages: 2
  • Words: 601
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