2713 samples of this type
The Term “Economy” Christopher Dodd once quoted “economic growth and environmental protection can and should go hand in hand”. Societies, governments, and countries rely on the concept of the economy to control the nature and processes of production and consumption. The formal definition of this term is the state of...
Deregulation in the financial sector was the primary driver of the 2008 financial crisis because it gave banks the power to fund trading activities with derivatives. As a result, banks raised their mortgages to cushion the derivatives sales, which brought more profit (Bernanke 251). Similarly, the move encouraged more borrowing...
Economic growth is a concern of every government, and it is upon it to formulate policies that promote effective development across different sectors. There are various contributors to the performance and success of the country, like corporations and other big agencies. The common citizens also play a vital role in...
Gros, Daniel, and Alexandre Ounnas. “Labour market responses to the Covid-19 crisis in the United States and Europe.” CEPS Working Document No. 2021. Web. The effect of the Covid-19 on unemployment is investigated in this article by evaluating and comparing labor market responses in the United States and the United...
Summary In 2013, a cross-sale scandal erupted from a Wells Fargo bank in Southern California. According to Corkery (2016), Wells Fargo employees opened bank accounts and issued debit and credit cards to customers without their permission. The report says that the scandal emerged after the customers started receiving the cards...
Different countries handle currency crises and economic downfall differently due to their policies and structure. An excellent example is the distinction between the response by Russia and Britain. The rapid decrease in the value of money renders the financial plight. The key solution to fighting the impasse in a nation...
There are several key risks to the U.S. economy right now that could reduce the country’s growth rate. The spread of the Omicron Coronavirus strain threatens to reduce U.S. employment and economic activity, and increased economic uncertainty will contribute to inflation. A new outbreak of the infection in the country...
Introduction Taxation is an essential mechanism the government uses to get the finances required to live on and conduct public services. It is a type of system that is very complicated, and it involves all government levels. Additionally, tax policies exist to achieve several other policy goals. However, cutting-edge customs,...
Introduction The reduction in trade blockades has augmented globalization, leading to amplified international trade. As a result, individuals and organizations have become more interconnected and unified, leading to growth in trade and exchange of culture and values, among others. However, the spread of globalization has generated adverse effects such as...
Bonds or debt securities play a significant role in economics and are quite popular among investors. All people purchasing bonds are likely to strive to maximize their profit due to them. Obviously, it is also necessary to realize that there are certain risks related to the bond’s cost. However, investors...
Situation Analysis of the Status Quo of South Africa’s New Energy Strategy The near future poses significant challenges in the form of a power crisis for the countries of South Africa. Lack of industrial infrastructure is already making itself felt as many cities in the region are experiencing periodic load-shedding....
This report analyzes how the COVID-19 pandemic affected the economic aspect of the African American communities. A female and two males were interviewed on their lives during the pandemic, how it affected their employments, and how the economic strain resulting from the loss of jobs affected other aspects of their...
Introduction The impact of small and medium-sized enterprises (SMEs) on the economy of a country cannot be neglected. The concept of SMEs is defined as small and medium enterprises depending on the number of employees. In the UK, a company is considered small with up to 49 employees and medium...
Abstract Financial markets have been under a lot of pressure, volatility, and uncertainty since COVID-19. Since the end of February 2020, global financial markets have been in a state of extreme uncertainty. Unlike other pandemics, the spread rate of COVID-19 is much higher and more challenging to control. This paper...
Electricity is one of the essential resources in people’s daily lives. It is needed both in non-residential premises to perform many tasks and in residential ones to ensure the vital activity of the population. Electricity is necessary for everyone, and people need to pay for it, and the issue of...
Disability income insurance is a supplemental policy that protects policyholders from losing their income if they cannot work due to illness or an accident. Government-sponsored programs, private employer-sponsored groups, and personal individual disability income policies are types of disability income insurance. Therefore, this essay discusses the benefits and drawbacks of...
Since the wake of COVID-19, many people worldwide have faced an economic downturn. Millions of people were laid off from work, losing their source of income, and thousands of businesses could not move on. The government has the mandate to protect its people from physical and economic problems and provide...
The Great Depression will always be remembered in the history of the U.S. and Canada as one of the darkest and most desperate times. However, for Canada, the economic recession observed on the nationwide level, also elicits an overwhelming feeling of shame for a good reason. Unless the excessive focus...
The less favorable economic situation of Panama compared to the United States is seen from their GDP and GDP Per Capita. Thus, according to Country Economy (n.d.), the former’s corresponding indicators are $52,938 million and $12,373 million as of 2020, respectively. Meanwhile, in the United States, these numbers are $22,993,500...
In his article, The Nature of Economics, Heilbroner (1995) discusses the purpose and relevance of economics in contemporary society. While acknowledging his views could be contentious to many readers, he underscores that “economics is concerned exclusively with the study of capitalism” (Heilbroner, 1995, p.22). This aspect leaves out 99% of...
Corporate social responsibility (CSR) is an idea created outside the directorial experience and contains inflexible implications that lack transparency and relevance. Corporate social responsibility is simplified into four categories: environmental, philanthropic, ethical, and economic responsibility (Salvioni & Gennari, 2017). Several studies tell how CSR elements drive customers majorly through a...
The first thing I have learned from watching the video is the importance of uniting to create a global world. Globalization makes it easier to solve universal challenges that affect populations nationally and internationally, such as unemployment, disruption of migration flows, and climate change (Cahen-Salvador, 2020). Secondly, I have learned...
Government’s Goal In Cutting Taxes Reflected In the Budget Amadeo, K. (2022). Tax cuts, types, and how they work. The Balance. Web. The article is devoted to tax cuts and their impact on the economy. The most evident thing about tax cuts is that citizens approve of them more than...
Abstract Automatic Data Processing is one of the most successful organizations in the digital economy and HR. In order to find out how stable and effective results an organization shows from an economic point of view, it is necessary to analyze the key criteria. In addition, potential forecasts about the...
Introduction South Africa’s economy has been considerably affected by the drastic conditions of the global crisis. The country’s economic processes are insignificant for now, given the apparent slump and recession indicators. Hence, it would be relevant to discuss the current economy’s state of the country. Below, three main macroeconomic problems...
Globalization is an objective reality of the modern world. It is impossible to deny the processes of unification, standardization, integration in all spheres of human society taking place in the world. The conditions dictated by globalization actualize the problem of cultural uniqueness and cultural self-determination, including identity. In the context...
Introduction Raising taxes is a rather controversial and contentious moment in solving financial problems in the country. Without any doubt, such measures are necessary to correct the issues gathered in the American economy. Nevertheless, there are multiple cases in world history when such procedures led to chronic and structural “distortions”...
Labor Share Sustainable development is the core principle of the humanistic approach to the environment, social and financial inequities, cultural diversity, and other fundamental areas of prosperity. The United Nations (UN) organization proposes seventeen goals of sustainable development that aim to eliminate poverty, contribute to the ecology and political safety,...
Weber’s Theory Certain aspects of the state were highlighted in Weber’s Politics as a Vocation and other writings. Nevertheless, he did not specifically specify the term element, which people do for clarification of discourse. In reality, the ingredients are the most crucial portions of his concept. A modern state is...
The central bank of the United States is found in the state of New York and New Jersey, which was first proposed in 1913. The Bible questions (Carroll et al.,2008) the amount of American economic power that governs the nation. Three legal norms include money-related corruption, a wide range of...
Introduction It is important to note that the current economic system is highly globalized and interconnected, which makes it critical to understand and explore international trade frameworks and world finance. The assessment of current literature on the subject revealed that international trade allows to a significant increase in the development...
Poland, where the communists changed the rule and the economy of the land, was invaded by the Soviet Union between 1945 and 1989. Using the Red Army, the Soviet Union ensured the destruction of all anti-communists in the country (Bukowski & Novokmet, 2021). The opposition would be exiled or sentenced...
Climate change on the planet is causing the UN to sound the alarm. Global warming is exacerbating the impact of weather-related disasters and can lead to significant losses in income and productivity over time. Emerging economies in the equatorial regions will suffer the most from rising temperatures. That is why...
Aggarval, G., Patel, V., Varshney, G., & Oostman, K. (2019). Understanding social factors affecting the cryptocurrency market. The scholars identify and discuss the essential aspects that impact the cryptocurrency market, as well as analyze specific factors that drive this market. The pilot user survey is provided to realize and show...
Introduction New York tops the list of the states in America with the highest tax rates. At 12.7 percent of the state’s total income, New Yorkers bear a heavy local and state tax burden (Cuomo, 2018). New York’s operating fund as of 2018 was $100 billion, 79% of this is...
Food trading is a peculiar area, as food is the basis for surviving the population. In that way, the one who controls food production and trading routes, also controls all populations which feed on those sources. It is true not only for food but also for agriculture in general, such...
Starbucks’ fiscal year 2020 results reflect the challenges businesses face worldwide due to the COVID-19 pandemic. It severely impacted the company’s results, especially in the second and third fiscal quarters. Consolidated revenues fell 11% to $23.5 billion in fiscal 2020 from $26.5 billion in fiscal 2019 (Starbucks Investor Relations, n.d.)....
The Federal Reserve System (FRS) is one of the most powerful financial institutions, having a huge number of tools to effectively manage the economy. Ben Bernanke demonstrated similar actions that made it possible to stabilize the market after the Great Recession of 2008. The purpose of this essay is to...
Introduction The efficiency of a marketing campaign depends on how well a company understands the values, priorities, and interests of its target audience. The present research proposal describes methods of analysis of consumer behaviors of Generations X and Y in the US and China. The paper also includes the schedule...
Introduction The decline of a currency is when its value becomes low compared to other currencies in the foreign exchange market. An example of a currency decline is the Canadian dollar compared to the US dollar. A single US dollar can purchase a more considerable amount of Canadian dollars at...
Explain how overall national savings is related to overall investment and why savings is always equal to investment. Savings are a part of income that is not consumed now, that is, the accumulation of finance. Therefore, savings, formed by the difference between income and expenses, are the primary investment source....
Discussion of the Problem Economic recession entails multiple challenges for all stakeholders, posing a threat to the very existence of SMEs, challenging large businesses, and increasing the extent of economic insecurity in citizens. The hurdles that companies have to overcome to continue their functioning and meet the bare minimum of...
Four Fallacies About Trade and Globalization by Ajai Gaur and Ram Mudambi (2016) analyzes fallacies of the arguments against globalization and trade. The authors emphasize that these arguments fail to consider the fundamental economic principles and empirical evidence. Although the authors’ views are robust and applicable to developed economies, rising...
Nowadays, there are many more possibilities to spend additional money than in the past. Consequently, people should be more attentive to their budget and spending structure. While analyzing the methods of saving money, it is crucial to refuse all expenditures, which do not correspond to this question: “Do I really...
Introduction South Africa’s economic history in the twentieth and the twenty-first centuries illustrates the narratives of discrimination, national pride, and long-awaited economic growth. Following the end of the apartheid system, a system of legalized segregation by race, South Africa has embarked on a journey to economic stability. This essay will...
Background Credit ratings serve as vital tools for the investor, especially when they need a precise analysis of the organization’s position at a glance. Studies by Lizarazo (2017) have shown that credit ratings influence the investors’ decisions on whether they will invest in a particular organization or not. Therefore, Fitch...
The three main issues that I believe are attempting against economic development of Latin America are poverty, unemployment, and inequality. While there are many social policies that have strived to reduce poverty and inequality, the problems still persist due to poor productive structures that create unequal personal distribution of labor...
The development of financial markets has expanded the tools and methods of investing money so much that it is often difficult to understand various investment alternatives. Among the leading investment tools offered by the modern financial market, investing in corporate bonds or high-quality stocks is popular. These segments of the...
The quality of Indian politics has reduced drastically over the course of the past two decades. This happened because of the changing modern-day realities that averted many political figures from living up to societal expectations (Sinha & Wyatt, 2019). Even though there are numerous policy projects pushed by interested parties,...
The Anthropocene is an informal term that denotes an era with a high level of human activity affecting wildlife and ecosystems. In recent decades, humans have caused landscape changes, mass extinction of wildlife, and environmental pollution. People have been purposefully changing the world for a long time, using natural resources...
Introduction As time goes on, the world population increases, as well as the demand for clothing. This demand is expressed not only in a necessity for clothing as a way to conceal or cover one’s body but also as a statement and a pipeline to provide joy. This essay discusses...
The most appropriate method that the committee should use to hire sales representatives is the instant runoff method. Instant Runoff Voting (IRV), also known as plurality with an exclusion, is a variation of the plurality voting technique that addresses the problem of disingenuous voting. The candidate receiving the fewest first-place...
Introduction A strong brand should maintain its values and identity while entering international markets and adjust it to specific needs. Companies tend to adapt to local cultures through global and regional branding in a process called glocalization. Glocalization is preserving and strengthening local differences instead of their supposed disappearance due...
Summary In the market, an intrinsic value of a business today is determined by the cash flows discounted at the given interest rates expected to occur in the future. In other words, it denotes the present value of the future cash flow added together. Therefore, in the case of firm...
The original article by Sofis et al. (2015) aims to explore the phenomena of sunk costs and escalation as related to investments and the implications of investing depending on different circumstances. While some scholars have defined the effect of sunk costs as escalation’s subset, others use sunk costs and escalation...
This passage is very relevant in the era of a pandemic when the world is still adjusting to new conditions. Delivery has become one of the most popular services where people can receive purchases and earn money by delivering them to others. It can be a real salvation for those...
The Asian Tigers is a general term used to describe the economy of Singapore. The Asian Tiger countries are driven by the rapid form of industrialization and exports. In addition, the nations have retained a higher percentage rate of economic growth from the year 1960 hence joining the ranks of...
Introduction China, one of the largest developing countries, is the world leader in investment inflows. Reasons for China’s strong position on the global stage include a large consumer base, an integrated supply chain, and recent legislative improvements, including the Foreign Investment Law (“Investment Climate”). Investors entering this market are often...
Global inequality is a complex issue, the measurement of which is complicated by the number of factors involved. The problem of global economic inequality has pushed its way into the national and international conversation and the ongoing debates about the need to raise the minimum wage to ensure the improvement...
Introduction In the contemporary world, the competitive market is a vital part of Economics, which is based on partial independence, complimented with the government’s regulations. Business is the socially significant activity that influences the daily life of all the citizens that raises the necessity of strict external control over its...
According to the available information, the selected article was published on December 3, 2021. The article “America added a disappointing 210,000 jobs in November. But the details paint a different picture” (2021), authored by Tappe, is dedicated to adding jobs for Americans to the economy in November. The author of...
While the short-term economic prospects are very unpredictable and dependent on the pandemic’s course, it is apparent that numerous long-term labor market shifts are already underway. Rather than speculating on whether the labor market will fully recover, one should consider how the epidemic has sparked or expedited labor market changes....
Introduction The essence of trade revolves around the relationship that is formed between the seller and the buyer. The former can exist as a distributor of the product or the provider of a service, whereas the latter is represented by an individual or group consumer. In this bilateral relationship, both...
Definition of the Key Term Lomé Convention & Cotonou Agreement are free trade agreements that allow regional economic integration by reducing international barriers to trade. Lomé Convention agreement was developed to provide aid to ACP nations and allow preferential access to exports from ACP nations. Cotonou Agreement was founded to...
In recent years, due to a considerable decrease in economic growth caused by the coronavirus pandemic, many organizations and corporations decreased their volumes of production; hence their incomes decreased correspondingly. Therefore, it is the question of investing that has recently been worrying the majority of shareholders and corporate CEOs. Moreover,...
Throughout the whole history, it is considered that the government is always trying to reduce its expenses and maximize its earnings. However, there was a case when local authorities were interested in increasing the specific project’s effectiveness and maintaining the utility of its services. By providing an effective management decision...
Introduction Since the Second World War, America has taken the leading position in the world, both militarily and economically. Thus, the Cold War influenced the build-up of defensive systems, as well as nuclear weapons. Moreover, the favorable investment climate and the growth of the largest companies in the world, such...
Kenyan history dates to the Stone Age era, making it one of the most extensive and complete records of human cultural development worldwide. This is due to the country’s conducive environmental factors for human survival and growth. Kenya gained independence in 1963 from the British colony, after which it stimulated...
In the modern world, there is a high level of competition between companies, with their pricing strategies being crucial factors that impact customers’ loyalty to a brand. The existing pricing strategies differ in their use by numerous organizations, especially in the marketing strategies of those organizations on the Internet (Ali...
Public budgeting is essential in supplying the population with the resources necessary for the completion of important social and economic projects. As the amount of resources the government can dedicate is limited, the structure of the budget becomes an extremely sensitive issue. The more money, investments, and capital that can...
Introduction A common perception in society, when looking at what it means for a company to be successful, is that it should be looking to globalize to achieve greater market growth (Rossum, 2015). It is suggested that a business should be scanning opportunities across the globe in order to respond...
Direct foreign investment (DFI) occurs when a business or a person claims at least a ten percent ownership of a foreign corporation. Although this percentage does not give a controlling interest to the investor, it permits the influence over the firm’s operations, policies, and management (Erdilek 17). Subsequently, unlike a...
The unemployment rate is one of the integral showings affecting the countries’ economies. Additionally, the COVID-19 pandemic hugely affected the state of long-term unemployment in the United Kingdom, as well as other countries around the world. Hence, during the coronavirus strike period, certain populations or groups of able-to-work people are...
First and foremost, to my way of thinking, the retrieved Beta provides a critical outcome and makes crucial sense for the stock observation: the analyzed stock directly correlates with the ASX300 index, with a positive beta of 1. This means that generally, the stock change delta in percentage representation will...
An Estimated Budget The plan for upcoming expenses should not exceed the income of JK and her family. To make a healthy diet scheme, the woman is recommended to eat eggs, almonds, lentils, rice, oats, and frozen vegetables and fruits in her diet (Buckingham, 2019). Each of these products will...
Introduction and Background Holland Village is a neighborhood situated along the border between Bukit Timah and Queenstown in central Singapore. The village is a renowned retail and dining destination for youths and tourists. It is dominated by and frequently visited mainly for its restaurants and bars and a few specialty...
The financial technology (Fintech) industry has grown tremendously in recent times. In the past, Fintech firms used open source components to run data centers and build products. They have reaped multiple benefits from this, including reducing costs and providing flexibility for their businesses. Banks can also use open source software...
Executive Summary Australia, much like other countries around the world, was severely affected by the effects of the Covid-19 pandemic. Before 2020, the nation has experienced moderate rates of growth and development, accentuated by slow trade rates and a general calm period. However, with the regulatory measures brought upon by...
The financial analysis determines the most effective ways to maintain or increase the enterprise’s profitability. The main tasks are to analyze the profitability and assess the company’s risks. Financial ratio analysis allows the managers to understand the organization’s competitive position at the current time. One of the sources of required...
Introduction The success of any state’s economy in 21st-century economies largely depends on the stable macro and microeconomics status of financial and stock markets. Macroeconomic studies focus on the productivity of the general economy in relation to money systems, performance, financial structures and the behaviour of financial markets. Due to...
A dispute of interest exists in any connection in which one person is expected to work for the good of the other. In financial analysis, agency issues are normally defined as potential conflicts between the administration and shareholders. The administrator, acting as a representative for the stakeholders, or founders, is...
Overview of the Real Estate Business Globally and in Australia The real estate market possesses an enormous financial potential; thus, it is an attractive investment field. Indeed, this field is not as risky for investing because even though house prices fluctuate, the demand remains high (Parle, Joubert, and Laing, 2017)....
Introduction Coronavirus pandemic: a powerful force that has shaped every area of social and business interactions; Real estate: one of the least considered yet most affected areas; Himmelstein (2021): eviction being a tremendous problem affecting the livelihood of vulnerable groups (aging people, women, and ethnic minorities); Eviction: “exclusion of people...
Uses Gross domestic product (GDP) is the sum worth of goods and services created in a country over a given period. It is calculated by summing the value of goods and services produced for sale and includes given nonmarket production, for instance, health or education services provided by the government....
The 2020-2021 financial crisis due to COVID-19 significantly differed from the 2009 Great Recession. First, the causes and nature of the crises were different. In 2009, the economy imploded and partially collapsed due to the financial system, a range of poor oversight and negative decisions led to the crisis. Meanwhile,...
The introduction of CryptoKicks non-fungible tokenized (NFT) shoes is beneficial for Nike since that technology would cut the losses from counterfeit exclusive models. However, the consumers would also gain several advantages from purchasing CryptoKicks. Most importantly, tokenization would immensely help in proving the authenticity of the shoes. In addition, NFT...
Businesses strive to achieve the maximum possible revenue to stay competitive. This essay will compare profit maximization strategy with satisficing. Maximization implies a continuous chase for the highest possible profit margin (Qiu, Bai, and Lu, 2020). It allows a company to gain a competitive advantage at the cost of significant...
Background In the contemporary world, the global economy is a sphere that connects multiple sectors, and therefore, depends on different events’ influence. Attack on one of the largest United States pipelines, which carries almost half of the East Coast’s fuel supplies, is severe damage to a well-functioning system. It implies...
Calculating a personal budget is of crucial importance for financial independence, as it allows you to understand the process of operating money. Fedosov et al. (2021) state that “long-term budget planning is especially important in conditions of high financial dependence” (p. 1). It is clear from my budget table that...
Introduction COVID-19 sparked many changes that affected various aspects of life, including the economy. Categorically, the economic indicators can fall into two primary areas, namely macroeconomic and microeconomic. The macroeconomic segment covers factors that affect the entire republic or many players. The typical examples are the interest rate, the unemployment...
Business interactions involve goods and services that are paid for in various ways. The two main payment methods are cash-in-advance payment and buyer-backed purchase order financing (BPOF). Cash-in-advance financing method terms allow an exporter to avoid the risk of default since payment is made before the items are transferred to...
Currently, the most forging threat that is potentially harmful to Americans and the whole world is COVID-19. 2020 Democratic Party Platform considered the pandemic influence one of the nation’s most dangerous threats (Ember & Stevens, 2020). Trumps’ policy in preventing the spreading of the virus and adjusting the healthcare system...
When defining the target settings for the activities of an organization, the diverse interests of various parties should be acknowledged. Stakeholder theory presents a universal approach that considers the interests of stakeholders and an organization (Fernando and Lawrence, 2014). The main stakeholders are investors, consumers, competitors, suppliers, and financial institutions....
Introduction GDP, or Gross Domestic Product, is one of the common measures of a country’s economic development. Calculated by adding up the value of all the goods and services produced in the country, the GDP is widely understood to be a sign of a well-off country. This measurement is applied...
Corruption is one of the biggest problems a government can face. U.S. President Joe Biden has declared war on crime against money laundering. The latter include gray schemes for buying houses for cash and investing in offshore shell companies. According to Glink & Tamkin (2021), roughly a third of total...
The Gramm-Leach-Bliley Financial Services Modernization Act Among the reasons for the GFC, the Gramm-Leach-Bliley Financial Services Modernization Act plays a significant role. The law repealed the Glass-Steagall Act, which had regulated the relationship of commercial banks regarding investment activities since 1933 (Carpenter, Murphy, E., Murphy, M., 2016). The law greatly...
Budgets are pivotal when it comes to controlling and managing the government’s finances and achieving financial reporting objectives. In particular, the connection between budget preparation and financial planning highlights the crucial role of specific documentation in various governmental organizations. According to Miller (2017), when a financial plan is adopted by...
China has attempted to expand its economic power and political influence throughout the world over the past decades. One of the country’s major strengths that have influenced its ability to expand is its resource-intensive productivity. However, energy and resource risks may hinder China’s growth as it mostly relies on imports....
The economy of the Russian Federation is based on the rapid development of the most profitable sources of overall revenue, which is funded by the government. It means that the official policy of the country is the main driver of its future successes in this respect. The initial examination of...
Several post-World War I events triggered the 1930s Great Depression. Wall Street went into a panic after the October 1929 stock market crash, resulting in millions of investors’ losses. The beginning of a new age, the Roaring Twenties, and the Great Depression were significant events in history. Many social and...
Introduction The present report was commissioned by the CEO of SysConsult International. The purpose of the report is to analyse the possibility of investment in Logical IT and Safeworth Grocery. The analysis assumes that a one-year Treasury note will have a rate of return of 5% over the next year,...
Economic Data Major trading partners The country interacts with multiple countries in terms of trading relationships. Greece’s major trading partners are Germany, Italy, Turkey, Bulgaria, Cyprus, Iraq, and Russia (WTO, 2021). Major imports Greece imports in Germany, Iraq, Italy, Russia, and China; major imports are fuel, mineral waxes, oil, technical...
One of the most unfortunate situations in a country’s economy is inflation. A more extreme form of it is hyperinflation, which can be defined as the rapid increase in inflation and dramatic drop in the value of a currency (Mastan Travel, 2013). The prominent historical example of this phenomenon was...
Introduction Human society has evolved, over the decades, under the gradient of technological advancement hence fostering a change in the business culture operations. It is a phenomenon that renders proficiency in competence across the global enterprise market. Researchers argue that the intensification in the incorporation of automation structures and the...
The term GDP is used when assessing the economic state of the market at the global level or in an individual state. The concept appeared in 1934, and it was proposed to use the American economist Simon Smith. The value of GDP is reflected in national or foreign currency, depending...
Introduction The notion of raising national minimum wages is an essential topic of discussion for the scientific community. Various scholars direct their attention to the significance of enhancing the payments for working individuals and examine the consequences of such practices. Nevertheless, there is still a significant debate regarding the consequences...
Business financing is an action of funding a business activity, whether it is starting a new business, running, or expanding an ongoing venture. Regardless of the business type or size, a need to provide resources as an enterprise requires procuring items such as equipment, buildings, office furniture, and machinery. When...
Introduction It is known that any country’s economy can be influenced by both external and internal factors, which can be beneficial, or on the opposite, deteriorative ones, in a particular situation. At the end of 2001, Argentina was in an economic crisis because of the partial deposit freeze, public debt,...
Introduction Data The researcher used World Bank Worldwide Indicators to analyze the significance of political and institutional factors on foreign direct investment levels in developing countries (Singh, 2019). Bellinger and Son (2019) highlight the six indicators used to determine institutional qualities of a country have been used formerly for empirical...
Summary Financial investment is an important part of any comprehensive financial growth. Without financial growth, it is hard to achieve financial growth. In this case, my objective is to identify a financial investment option for my client. The client has $100,000 to invest in either a bank account or a...
Consumer marketing involves the personal acquaintance of a potential customer with a product and is aimed at stimulating sales of a product in a specific place and at a particular time. The main goal of consumer marketing is to increase the volume of sales of a product or service, the...
Summary Despite the level of development of technology and society, modern Africa is not much different from its historical copy. This stage of development is a locality in which numerous social problems are particularly acute. Thus, the population is forced to live in frightening conditions, including the economy, minimal sanitation,...
In general, a bond prospectus refers to the additional data associated with the bond issue. This information primarily concerns interest payments, call provisions, credit quality, and time to maturity – which constitute essential knowledge for investors (Jark, 2021). At the same time, a bond prospectus might also include general information...
Introduction The Canadian Liberal Party has Prime Minister Justin Trudeau at its head. It was he who brought the party to majority rule by 2015, but by 2019 the number of Liberal parliamentary seats had declined (Jeffrey, 2021). By 2021, Justin Trudeau called early elections, hoping to regain a parliamentary...
Today, one of the most important questions in the modern economy is the government’s ability to resolve conflicts and disputes in the labor field. Labor disputes often lead to strikes and riots, and it is in the government’s best interests to resolve them in the beginning, while not much damage...
ReDefine key customer is a young person who uses the internet to research and plan their travel around the world. The exact consumer can be described as an escapist and learner. As an escapist, they are thrill seeking and adventurous, always open and ready for destination and content discovering and...
The delineation between the public and private sector is often emphasized in legal regulations and requirements, yet the differences between the two may not be visible to a side observer. Indeed, the similarities that the public and private sector share place them in the same economic context, allowing both publicly...
The given comparative analysis will primarily focus on GDP and GDP per capita values between Russia and the United States. On the one hand, the overall GDP value for Russia in 2020 was equal to 1483.5 billion US dollars (“Russia – Economic Indicators,” 2021). On the other hand, the GDP...
The public-private partnerships in any nation are meant to bring mutual gain to both parties. However, governments through their respective agencies enter partnerships with the private sector for regulation purposes. Free economies allow business entities to run operations for for-profits maximization regardless of prevailing conditions in the market. Such a...
How a “synchronous global recovery” is occurring and the reasons for it The COVID 19 pandemic is known for a variety of consequences, the most significant of which are economic ones. However, this situation is expected to improve many sectors of activity and all regions of the world eventually, as...
The paradigm of macroeconomics, and the notions of aggregate supply and demand, in particular, serve as the drivers for the emergence of specific economic trends, competition in the market, and pricing patterns. However, when considering the fact that the aggregate demand and supply usually focus on the average supply curve...
The main reason why an investor would pay attention to the balance sheet is the presence of detailed information on liabilities and assets. The significance of all the resources that an organization either owns or owes could become decisive in the long run, protecting the team from unexpected losses or...
It is hard to disagree that investments are a challenging process that requires special attention, careful consideration, readiness to risk, and thorough analysis of the situation and its circumstances. When talking about projects, some people are certain of their future success and are ready to invest all their money into...
Introduction Bond prices and market interest rates have an inverse relationship, and these variables can increase or decrease according to specific conditions of the economic cycle. The interest rate represents the cost of money, which changes depending on the deadline of the reference. For instance, a 3-moth bond yields 0.04%,...
Introduction The US Federal Reserve has been trying to maintain healthy employment and inflation rates, yet the recent global events have caused some damage to the global economy. The inflation and the unemployment rate are two of the main factors that suffered due to the political, social, and economic fluctuations....
Karl Marx is a famous philosopher known for a variety of economic works discussed and applied today. The most outstanding work is devoted to discussing capitalism and its components. Cooperating with Friedrich Engels, Marx created a small political group which is known as the Communist Correspondence Committee (Lebowitz 2020). Among...
Introduction Financial well-being has always been a significant phenomenon because available economic resources can influence an individual’s life quality. However, Brüggen, Hogreve, Holmlund, Kabadayi, and Löfgren (2017) admit that research on the topic remains insufficient, meaning that any scientific attempt to study the issue is considered an essential contribution. It...
I think that your discussion regarding currency boards is very interesting, and has managed to successfully pinpoint the most important parts of the topic in question. While the practice of currency boards was more prevalent in the past, their current use remains limited, and not many people are familiar with...
Introduction Residential ownership and property rental businesses are profitable and financially rewarding. Unfortunately, being a landlord is one of the most challenging jobs on the planet because it entails dealing with individual’s issues without invading their privacy. Bear Estate Properties, LLC is a single-member limited liability company registered in Florida....
The socioeconomic environment is how individuals and communities produce resources required to meet their human and basic needs. The socioeconomic environment includes education among people, access to medical services, and occupational status. South Africa is the chosen Geographical area because it has a diverse culture. Despite the diverse African culture,...
Purpose of the Study The primary purpose of this research is to assess the impact of the COVID-19 pandemic on small, medium, and large businesses in Newfoundland, Canada. Therefore, it is aimed at investigating the effects of the virus on the economy of the region as a whole, focusing specifically...
Any governmental entity should ensure the appropriate segmentation of its resources to maintain proper transparency and accountability for the received financial assets. In particular, the government should guarantee that any donations accepted from the citizens are allocated to the specific cause they were granted for. This essay will argue that...
The components of gross domestic product (GDP) include government spending, business investment, net exports of goods and services, and personal consumption expenditures. The latter is understood as one or several of the following categories: services, durable goods, and non-durable goods. As for disposable income, it is the amount of money...
Introduction COVID-19 has had a significant impact on different aspects of life, including various markets and economies. The main objective of this report is to study and analyze these impacts in current settings such as supermarkets and consumers’ purchasing behavior. Therefore, the guiding question considered for this analysis is, what...
The article “The Fed and the Great Recession” describes the role of the Federal Reserve during the 2008 crisis. It focuses on the implemented monetary policy, which was expansionary in nature, and criticizes its consequences, which were ambiguous (Summer, 2016). The author believes that banks being conservative contributed to the...
The article looks at financial limitations in the consumer behavior process. The work singles out four perspectives, such as resource scarcity, choice restriction, social comparison, and environmental uncertainty. It describes their influence on the final decision-making in conditions of scarce resources. The authors discuss how consumers manage to cope with...
One important thing learned from the episode of Bloomberg’s Stephanomics podcast is how the Federal Reserve System needs to monitor the economic situation for specific indicators when shaping monetary policy. In this particular episode, the podcast’s host Stephanie Flanders (2021) and her guests discuss what indicators could prompt the Federal...
Governments generally want people to get immunised against the flu and other diseases such as COVID-19. Nonetheless many people refuse to take the vaccination jab, because they overestimate the likelihood of side effects, because they are complacent about getting infected. They also might not care or understand that their immunity...
Introduction Climate vulnerable developing countries often fail to deal with the macro-financial risks caused by climate change. The transition and physical impacts threaten their debt sustainability, development prospects, and investment attraction. International Monetary Fund (IMF) and similar organizations can support the course of such countries. V20 countries should receive comprehensive...
Introduction The market is designed in such a way that any financial investment is accompanied by a number of risks influenced by various factors. Usually, there is a direct relationship; the more investments — the greater the potential profit and risks. The most profitable and balanced decision always requires a...
The “Economic, Democracy, and the Distribution of Capital Ownership” by Robert Ashford is an educative article that integrates economy, democracy, and ownership of capital in the USA. The writer majors on how democracy in the United States provided people with significant ownership of land, higher wages, and participation in politics...
Introduction Behavioral economics is a discipline that studies human behavior and its reasons. Its subject is influences experienced by humans that change their behavioral patterns and force them to make certain decisions. It is deeply connected with marketing, as instruments for influencing human behavior are widely used for advertising. Behavioral...
The economy of a country highly affects the well-being and the association to the global evolutionary trend. On the one hand, it is the responsibility of the government to ensure the nation experiences a higher mark on growth and development. On the other hand, the health of an individual mainly...
Introduction The COVID-19 pandemic has resulted in socio-economic impacts which will continue to be felt for a long time. One of the most affected sectors of the global economy is the shipping industry which is important to transportation of goods to different locations. As a result of the measures taken...
The far-reaching consequences of globalization can sometimes be very obscure. Just like preeminent technological developments, globalization contributes to civilization as a whole but also inconveniences others. In terms of global trade, helps in reducing the isolation of poor countries by increasing specialization, it expands access to information through trade, increases...
Time value of money (TVM) is a valuable instrument that helps comprehend the value of a currency in relation to a given period. It is a method frequently applied by investors to understand how the current worth of money compares to that of the future. The time value of money...
Supply in Theory The economic understanding of supply implies that it is inextricably linked to the power of demand. The fundamental economics law states that an increasing demand leads to an increase in supply. Separately, supply can be defined as a desire of a producer to offer its goods on...
Depot Town, located in Michigan’s historic district called Ypsilanti, is a commercial and residential area with some houses set above storefronts. The town’s boundary ranges from East Cross Street to North River Street and Huron River, plus a small 300-block area on North River Street. Several surrounding blocks are also...
Executive Summary An investment portfolio is a model selection of investment instruments (stocks, bonds, ETFs) that meet a certain risk level and aim to achieve investment goals. Depending on the type or format of provision of ready-made investment portfolios, they may be aimed at achieving various goals: aggressive capital growth,...
Today, there are several ways to save money for retirement in order to provide funded income in the future. The two most famous methods are the 401k US private pension plan and the Individual Retirement Account (IRA). These two models imply some privileges in taxation as well as profitable accumulated...
