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

709 samples

Demand, Supply and Market Equilibrium

On the other hand, market equilibrium is attained at the point of contact between the equilibrium quantity on offer and the equilibrium price in the market.
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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 [...]
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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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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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Public goods and externalities

The competitive of the marketplace is very beneficial to the public in that it ensures that the very scarce resources are made available to the public in their highest values.
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  • Words: 1911

Competition in Economics

Because of the differing levels of competition in the market, different market structures emerge with varying effects in the market. A supplier will generate the quantity that capitalizes on the profit of the company; this [...]
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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.
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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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“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.
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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 [...]
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Economic Development: GDP and Quality of Life

The quality of life measures economic development after accessing the internal components of the economy. Nevertheless, GDP as a measure of economic development in a country fails to distinguish economic transactions contributing to the well [...]
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Android Platform and Diffusion of Innovations

Some of the aspects of the theory were carefully selected to support this report due to their relevance and applicability in business innovation and digital economies dynamism.
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Paul Krugman: How Did Economists Get It So Wrong?

He faults the economics profession by arguing that the economists failed to predict the current messy economic situation. He argues that the education being offered to modern economists is to blame for the current situation.
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Why does Saudization Fail?

The causes of failure of saudization include lack of appreciation of the private sector jobs by the Saudis, low wages, abrupt introduction of the aspect, and preference of the foreign workforce by the private sector [...]
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Unemployment and Inflation Issues

In most cases, if one is suffering structural unemployment, it is as a result of improvement in a certain area, or a change in the way things are done.
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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 [...]
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Industrialization of Mexico

Additionally, the founding of the Americas in the 16th century paved the way for the development of new products resulting in the creation of new markets for both primary and manufactured goods on the scale [...]
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UAE Economy Problems and Prospects

It is argued that the increase in oil prices in 1973 is what led to the spiraling economy of the UAE; it has a large volume of oil and gas reserves, and since then henceforth [...]
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  • Words: 1933

Weber and the Rise of Capitalism

Max Weber is known for his analysis of the factors that led to the creation of modern capitalism. This is one of the issues that should not be overlooked.
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Comparing the economies of Australia and Canada

GDP per Capita The GDP of the two countries when compared according to the purchasing power parity of the population is relatively the similar; Canada's statistics stood at USD39, 900 while that of Australia was [...]
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The global financial crisis of 2008

The magnitude and the level of disruption of the global economies have led to speculation of various causes that has contributed to its occurrence.
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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 [...]
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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 [...]
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Business Expansion – An Analysis of India

Such challenges include the image of India to the rest of the world as a poor nation with a greater percentage of its population living under the poverty line, issues related to culture as well [...]
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Importance of Studying Economics

If I worked in the restaurant for $24 per day, the opportunity cost is that I will not have enough time for leisure and studies.
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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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China’s Rapid Economic Growth

This piece of work gives a critical discussion of the various factors that are associated with the rapid economic growth in China in the last three decades and their implications in the country as well [...]
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Contemporary Sociological Theory: A

Instead of restricting their methodology to the choice of a single principle, in accordance with which they would analyze the current sociological theories and observe the evolution of the sociological thought[4], the authors state explicitly [...]
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What Makes London a Global City?

In terms of business and finance, London has qualified to be a global city as it received the highest number of votes as a European city conducting different types of businesses.
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International Pressure and Sanctions

The goal of imposing sanctions against South Africa was to reduce the economic welfare of the rich white minority in the country and hence diminish the willingness of the country to persist in maintaining apartheid.
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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.
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Money and Modern Life

The rich and the powerful are at the top while the poor and helpless are at the bottom, the rest lie in-between.
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Clayton Antitrust Act 1914

Initially the United States government used fines to curb the monopolistic tendency but later introduced the Sherman Antitrust Act in 1890 and then the Clayton Antitrust Act in 1914.
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Country Analysis: China

The government of China has improved the infrastructure of the country to ensure that investors have a good business environment. The constitution of China has no clear guidelines about the review of the legislation by [...]
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A Good Society and the Economy

To understand the argument, consider a person who had a certain amount of money in the bank, choosing to take this money from the bank into the stock exchange would mean that the person will [...]
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New Ways of Looking at Old Issues: Inequality and Growth

It analyses the relationship between inequality in resource distribution and poverty; the writers are of the opinion that if the society have an uneven distribution of resources, then the poor are not able to come [...]
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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 [...]
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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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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.
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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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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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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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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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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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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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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.
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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.
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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 [...]
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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 [...]
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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 [...]
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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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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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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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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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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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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 [...]
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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 [...]
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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.
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“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 [...]
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  • Words: 581