Free Economic Systems & Principles Essay Examples & Topics. Page 3

709 samples

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

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

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

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

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

Free-Market Economy and Its Benefits for People

For developed countries in the Northern hemisphere, the traditional economy is a thing of the past whereas, for developing countries, it is something to enhance and overcome on the way towards a free market.
  • Pages: 2
  • Words: 580

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

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

Shoe Manufacturing in America

This essay presents an analysis of an article about the military shoes and local manufacturers and the economic effects of promoting local shoe manufacturing industries to supply the products.
  • Pages: 3
  • Words: 985

Keynesian Approach’ and Animal Spirits’ Analysis

The free market mechanism has been unable to yield fruits and the past recessions and depressions have been due to the government's reluctance to intervene in the markets and give the necessary support.
  • Pages: 3
  • Words: 962

Henri Bergson’s Economic Concept of Time

To the best of my understanding, the preciseness of time has been a helpful factor in the understanding of the accuracy and correctness of historical and scientific findings.
  • Pages: 2
  • Words: 564

The Trickle-Down Economics Definition and Aspects

In economics and politics, the term trickle-down economics or Reaganomics is the pejorative term for the theory that taxing the wealthiest individuals in society less will in allow those individuals to invest more of their [...]
  • Pages: 4
  • Words: 1043

Succession Management and Career Planning

Notwithstanding, the diversification of the workforce in a business may ensure flexibility in the definition of the interdependent components that translate to the realization of an elastic business operation.
  • Pages: 3
  • Words: 928

UAE’s Main Economic Challenges

The paper evaluates UAE's main economic challenges, domestic issues, and its relations with the rest of the world. For example, the UAE is the largest consumer of U.
  • Pages: 2
  • Words: 617

Measuring Economic Performance

The second one is resource cost-income approach, which includes the sum of all the payments to suppliers of resources and other inputs used in producing goods and services during the year under the review.
  • Pages: 3
  • Words: 1005

John Locke’s and Karl Marx’s Economic Ideas

In his article Some Considerations of the Consequences of the Lowering of Interest and the Raising of Value of Money, John Locke outlines the main theoretical provisions of what later became known as the amonetary' [...]
  • Pages: 6
  • Words: 1698

The Rise of the Creative Class by Richard Florida

According to "The Rise of the Creative Class", the model of creating a successful creative city should not only embrace the advanced economic aspects of a place but also the 'sticky' aspects of that place.
  • Pages: 5
  • Words: 1435

Efficient Markets and Taxation in the USA

The management should be aware of the issues so that the right approaches can be used to facilitate a culture of excellent performance. They are organized markets that rely on information that is used to [...]
  • Pages: 4
  • Words: 1080

Unemployment Issue in the United States

Though a shrinkage in the number of vacancies and the rapid increase in the number of part-time jobs have had their toll on the unemployment rates, the lack of vacancies still remains the key cause [...]
  • Pages: 3
  • Words: 823

World Bank Group and International Monetary Fund

Therefore, one of the variables of the present research will be time as it is essential to trace the development of the countries throughout the 2000s and 2010s to identify major factors affecting this growth.
  • Pages: 4
  • Words: 1133

“Basic Economics” by Thomas Sowell

In this section, the main point is that the government has a lot of influence on the national economy, and sometimes, market failure can be attributed to government failures.
  • Pages: 6
  • Words: 1747

Microeconomics’ Principles: Correlation Between Variables

Economics is the social science that focuses on the behavior of organizations, groups of people, and individuals that manage resources. It is possible to note that the approaches mentioned above mainly focus on setting prices [...]
  • Pages: 4
  • Words: 991

International Business: Past, Present and Future

The availability of the internet is probably the single most important innovation of the 20th century that has increased the speed of communication and availability of information fundamental to conducting business.
  • Pages: 3
  • Words: 944

France and the Textile Industry

Over the years, the industry has played a major role in the growth of the French economy. In comparison to the largest economy in Europe, Germany recorded a GDP growth of -5.
  • Pages: 4
  • Words: 1220

“The World Is Flat” by Thomas L. Friedman

The concept of market competitiveness occasioned by globalization has its roots well entrenched in the historical era of the industrial revolution when the demand for market and increasing focus on the quality of products became [...]
  • Pages: 2
  • Words: 554

The United States National Debt

The current United States' "national debt is the sum of the arrears held by the US government, and it stands at $328 billion, which has shattered the record of $238 billion set in the past [...]
  • Pages: 3
  • Words: 846

Full Employment in Economics

A number of factors in the economy can cause the stock market to crash. The model equates total income in the economy to a sum of expenditure in the economy.
  • Pages: 2
  • Words: 567

Marx’s Concept of Primitive Accumulation

Therefore, Marx confirms the relationship between political economy and the primitive accumulation of capital. Moreover, Marx explains in respect to the relationships or similarities existing between the primitive accumulation of capital and political economy.
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Countertrade in the International Business

It is important to note that countertrade usually takes place in the world daily, and it is part and parcel of the international business. Subsequently, this has led to a decrease in the number of [...]
  • Pages: 2
  • Words: 585

Expatriate Salespeople Issues

Expatriate salespeople are the company's direct tie to the customer since through them the company is able to transfer its technology to the customers.
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  • Pages: 2
  • Words: 570

Private and Public Finance Initiative

Since the introduction of the PFI into the British governance system and in some countries in the Middle East and North Africa, several changes have occurred in the provision of public services and in the [...]
  • Pages: 7
  • Words: 2012

Marxism Perspective in Production

According to Marx, economic systems deal with the development of strategies and policies that govern the behavior and employment of the means of production.
  • Pages: 6
  • Words: 1759

ligopoly in Daily Life

In this type of market structure, "the market is comprised of a large number of small market players offering identical products". Moreover, the market is characterized by the existence of perfect knowledge of the products' [...]
  • Pages: 8
  • Words: 2256

Globalization Forces on the Asian Economies

The advancement in information technology in China, Japan, South Korea, Thailand, Malaysia, and Australia have contributed to emergence of the Asian economic giants, which trade with major European nations in global stock markets.
  • Pages: 2
  • Words: 301

Balancing the Budget for US

There are a number of measures that the federal government can put in place in order to lower the deficit. One of the key areas of the federal government expenditure is social security.
  • Pages: 5
  • Words: 1390

From Mixed Economy to Free Market Economy

But in order to appreciate the significance of this change it is important to understand the evolution from a centrally controlled economy to a free market economy.
  • Pages: 2
  • Words: 562

Unemployment in Saudi Arabia

Much effort has been in place to from the government of Saudi Arabia in order to address the question of unemployment despite the fact that the nation is full of vast deposits of crude oil.
  • Pages: 20
  • Words: 5399

Effects of Increasing Interest Rates in Africa

The significance of this study is to bring out the effects of increasing interest rates in Africa. This study will cover the major banks in Africa such as Barclays, Ecobank, Standard Chattered Bank, and Bank [...]
  • Pages: 3
  • Words: 852

Australia’s Economy and Major Events

Australia Dollar is the currency used in the nation. There are also scientific and medical researchers in Australia and this means that the country has a huge number of educated persons.
  • Pages: 2
  • Words: 575

Major Reasons for Food Prices Increase

Admittedly, one of the major reasons for food prices increase is the use of corns for fuel production. The increase of fuel prices created a great temptation for farmers to produce ethanol instead of corn [...]
  • Pages: 2
  • Words: 585

Emiritization Efforts and Recommendations

Al-Ali attributes the influx of foreign expatriates into the Gulf States to the shortfall in the labour force to work in the construction of facilities and infrastructure.
  • Pages: 12
  • Words: 3371

The Manufacturing of Household Items

A similar search of the origin of the Getwear products that the researcher outlined in the list above indicates that most of Getwear products do not originate from Scotland, which is the headquarter of the [...]
  • Pages: 4
  • Words: 1102

Price Controls Efficiency

This can be viewed to be an increase in the efficiency of the market since the market is able to sustain itself and both producers and consumers can rely on the market.
  • Pages: 5
  • Words: 1385

Economic Factors of Dubai Tourism Demand

Decisions made by households and the firms in the allocation of limited resources normally comprise the majority of microeconomic policies. In the pursuit to create an all-round economy, different nations and territories have come up [...]
  • Pages: 5
  • Words: 1384

Spending and the Economic Stimulus

In a slow economy, the expenditure by the government is reduced, and thus, the economy is contracted. When the population, on the other hand, is not willing to spend in the country, then there is [...]
  • Pages: 3
  • Words: 831

Corporate Demand for Insurance on Risks

In addition, empirical studies indicate that the capability of firms to self-insure decreases the demand for corporate insurance coverage for other policies apart from the property exposure.
  • Pages: 12
  • Words: 3319

Economic Recovery Stimulation

By citing a research that compared the effects of tax cuts to the effects of increased social security, the author argues that the effects of fiscal policy cannot be analyzed in isolation from the decisions [...]
  • Pages: 2
  • Words: 593

Chile and Peru Economies Comparison

Following the economic downturn, most of the countries in the region including Peru and Chile undertook a couple of economic policies and reforms aimed at stabilizing their economies.
  • Pages: 11
  • Words: 3042

The Lights in the Tunnel by Martin Ford

One of his major premises is that by achieving the state of the automated economy, the advanced countries will be able to address poverty in various regions of the world.
  • Pages: 3
  • Words: 821

Central Bank of Bahrain and Money Supply Regulation

To the credit of the Central Bank, the strategy chosen to affect the money supply seemed to be working relatively well in the past; according to the 2009 report, the prognosis for the following years [...]
  • Pages: 3
  • Words: 836

“Take a Cue from the Best States for Business”

The economic situations of various states are carefully followed and watched by the United States Government, and every year the Legislative Exchange Court releases a report about the wealthiest and poorer states, elaborating and analyzing [...]
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  • Words: 541

Peru’s Gross Domestic Product Expandation

The article explored the economic growth of Peru in 2013. 83 percent was witnessed in the retail sector of the economy, while in 2012, the construction sector expanded by about 8.
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  • Words: 567

Germany and Its Macroeconomics

At the same time, the growing share of private consumer spending in the German GDP is a wonderful opportunity to expand employment prospects and use its positive results to improve the standards of living in [...]
  • Pages: 6
  • Words: 1696

Global Warming Results for Economics

Thus, two articles in The Economist magazine recently that offer a slightly revisionist view of climate change and climate change models are very relevant to the operation of national economies.
  • Pages: 2
  • Words: 640

Forced Migration: Causes and Global Impact

As a result, forced migration causes underdevelopment of the home countries of the immigrants, as well as serving as a possible catalyst for economic progress both in the host and home countries of the immigrants [...]
  • Pages: 5
  • Words: 991

Minimum Acceptable Remuneration Regulation

A comparison of the minimum wages in Australia and the US shows that adopting policies on minimum wages to reflect levels of training and incorporate economic indicators has positive effects on employment.
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  • Words: 1686

Economies of Scale’ Definition

The difference between the companies that enjoy economies of scale and those that do not is based on the volume of output.
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  • Words: 1418

US Unemployment: Economic Analysis and Solutions

In the first news article titled "The US has a Jobs Crisis: Here's How to Fix it," the authors use the latest statistics to demonstrate the problem of unemployment in the US, before relying on [...]
  • Pages: 2
  • Words: 557

Remittances Role in Spurring Global Economic Growth

It is necessary to lower the cost of sending remittances in order to increase the annual amount by recovering the excess that is used to cater for the exorbitant costs imposed by money transfer companies.
  • Pages: 2
  • Words: 554

Economic Issues: Casino Gambling

Evidence from several surveys suggests that the competition from various states within the US has contributed to the growth and expansion of casinos. The growth and expansion of casinos has been fueled by competition from [...]
  • Pages: 2
  • Words: 613

Foreign Investment: New Zealand

Political Factors The political environment in the country is favorable for the snowmobile business since the government encourages investment in the sector through provision of trade subsidies.
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  • Words: 598

Economic Issues: The Evolution of Usury

One of the indications of this situation is the change in the meaning of the term itself. The meaning of the term "usury" today is slightly different from the meaning it had in the middle [...]
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  • Words: 1684

European Market Regulations

Secondly, the progress of a business entity should be monitored regularly by business managers to take advantage of the existing opportunities in the single market within the European Union.
  • Pages: 6
  • Words: 1626

Perspectives on Small Business in Canada

In addition, CFIB has the mandate to carry out research and provide important information to the business community in Canada relating to a number of issues affecting the sector.
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Outsourcing U.S. Workers: Pros & Cons

Benefits of outsourcing to the U.S.workers Outsourcing maintains the country's economic status: America exports products to the rest of the world more than any other nation by taking advantage of the emerging markets of India [...]
  • Pages: 3
  • Words: 872

United Arabs Emirates’ Open Economy

One of the main industries in the UAE is the import and export of new and used cars. The third benefit of the used cars business is that it is contributing to the economic growth [...]
  • Pages: 10
  • Words: 2796

Global Food Trade’s Benefits

For instance, the developing nations are in a position to supplement their food products and the much needed nutritional value. On the other hand, this initiative may impede the quality of local products due to [...]
  • Pages: 3
  • Words: 579

Behavioral Economics and Finance

In summary, Behavioral Finance is the modern branch of the economic theory, which explains the market situation based on the investors' behavior.
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Economic Issues: Reducing Fertility in Bangladesh

In Bangladesh, illiteracy among women has contributed to the high rates of fertility. Finally, high fertility rates lead to a decline in the quality of health care services because of population pressure.
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  • Words: 574

The Indian Ocean Economic Future

In particular, the increasing interest of China, India and other southern Asian states in the Africa-Asia and Asia-European trade is expected to play a significant role in determining the future of the Indian Ocean trade [...]
  • Pages: 4
  • Words: 947

Casino Gambling Industry Trends

This will make suppliers known to the rest of the companies operating in the industry. The bargaining power of the supplier in the casino gambling industry is also high.
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  • Words: 1111

Economics: Problems Facing the Caribbean Region

In the past two decades, the region embarked on programs to improve the economy and enhance the conditions of living. The governments and leaders of the major political parties are often known to frustrate newcomers [...]
  • Pages: 3
  • Words: 857