2451 samples of this type
Introduction In today’s global economy, consumers are used to seeing products from all over the world in their local grocery stores and retail stores. In general terms, international trade is a means by which countries can develop a specialization, increase the productivity of their resources, and thus increase overall output....
In the present day, the trade relationship between Europe and other countries is constantly improving, however, there are cultural, political, governmental, and economic challenges to entering the European market. The main difficulties are determined by the differences in regulations that create particular standards in multiple spheres. In European Union (EU),...
Introduction Since the United States has always been viewed as a country of enormous economic opportunities, the minimum wage issue has been debated for a long time. The opponents of raising salaries claim that this policy may increase unemployment in the country (Lester et al.). The supporters of this idea...
Introduction Security and counterterrorism department is one of the New York City Transit police units tasked with ensuring security by neutralizing any threat associated with terrorist activities in the subways. New York City has over 5.6 million commuters who use the subway, bus, and rail transport (Brakewood et al., 2015)....
The new PBS documentary “China: Power and Prosperity” looks at the country’s ascent to becoming an economic superpower. The film digs into the country’s proposed Belt and Road Initiative, which aims to build infrastructure and strengthen trade relationships across Eurasia. It explores China’s impact on Africa, where it is investing...
To determine the level of a country’s welfare, general indicators of economic development are used, which can also be used to determine the standard of living of the population. These indicators include the gross domestic product (GDP), national income, and net national disposable income. The volume of GDP in the...
Price elasticity of demand is a measure of the changes in a product’s consumption with regard to alterations in its price. It determines the responsiveness of the demanded quality or goods supplied to a change in its price (Mankiw, 2018). Price elasticity of demand is calculated by dividing the percentage...
Economic inequality continues to be relevant to modern society, with the full range of human rights being available only to the wealthy minority. However, many social workers have now been focusing on working toward addressing the issue, with their commitment to social justice and equal human rights being illustrated by...
Introduction The Ponzi Scheme is an investment method that pays dividends from newly came investors to those who invested earlier. The Ponzi Scheme appeared in the 1920s and became widespread among mass media channels. It refers to the financial pyramid, which attracts as many people as possible to the system....
Introduction At the present stage of development of the world economy, along with interest in the analysis of general trends, it is still relevant and important to study the economies of individual countries. Of particular interest in this regard are countries of “regional powers” – centers of economic power and...
Introduction Globalization can be defined as the process of interdependence on the global culture, economy, and population. It is brought about by cross-border trade, which involves the flow of people, information, investments, goods, and services. The economic partnership has been in operation for centuries, but it gained popularity after the...
Retail Price Index It is important to note that there are several economic indicators that can be used to observe the state of the economy of a particular nation, which, in the given case, is India. The retail price index or RPI is a measurement of consumer inflation. It is...
In the post-Soviet period of economic transition from the previously predominant communist order to the new capitalist approach, two major models of economic reforms with opposing arguments were utilized. On the one hand, shock therapy as a reformation approach held that the shift to capitalism has to be instant and...
Introduction While world economies are affected by a range of problems, some have remained entrenched in countries, impending national and regional growth. Some of the challenges are political instability, poverty, disease, and corruption. These problems are inter-connected in that one leads to another, and if unchecked, may cause the collapse...
The project is an employment center for people with disabilities and any kind of physical or mental limitations. It will connect employers and companies from all over the United States with potential employees. The scope of the project is relatively small with growth potential. The work breakdown structure is the...
Commercialization is the process of converting an idea or a product into a cash generation or viable mercantile facet. Businesses and individuals often generate concepts worth significant commercial value. Nonetheless, it is until such thoughts are commercialized that the inventors can enjoy the results. On the other hand, the process...
Introducing investment opportunities into the project is another vital issue that needs to be considered closer. Specifically, given the nature of the project, which will be primarily educational, the project can be deemed as a non-profit one. Therefore, customers will be admitted without charge. The specified solution implies that the...
In the modern world, politics, like many other spheres of life and the functioning of the state, are predetermined by laws. Based on the fact that they differ in all countries, we can conclude that processes such as trade are significantly more complicated. However, lawyers and politicians are inventing new...
I do not see retail stores as a big problem because I see modern American society filled with abundance and consumerism. At the moment, it seems to me, American society could not live differently, and people are used to the fact that shopping is sewn logically and harmoniously into their...
Introduction Globalization is a key belief that has emerged because of the maximum essential component in enterprise over the previous couple of decades. Globalization is an almost inevitable result of accelerated printing speeds in history, if not since the Renaissance and the first Industrial Revolution (Burlacu et al., 2018). This...
The purpose of the World Trade Organization is to help each member state promote free-market relations and attain a better level of economic development. Historically, Brazil’s aspirations to join the WTO faced a certain resistance on behalf of the country’s left-wing politicians who feared that the membership would destroy the...
The COVID-19 pandemic has also affected real estate investments differently. Some businesses benefited from the rise of coronavirus, while others recorded so many losses. Investors and economic leaders could share different views and opinions on the current environment. Before embarking on business, property owners must assess possible risks and benefits....
Introduction Background to the Study There is a consensus among economists and academicians that a new wave of economic revolution is happening as countries position themselves to exploit opportunities created by rapid technological advancements in business (Brunet-Thornton & Martinez, 2018; Lardy, 2019). Countries with advanced economies, such as the United...
Initial Situation and Motivation The topic of behavioral economics is interesting and relevant because it outlines the possibility of deploying mechanisms that could affect a number of essential business variables, such as labor markets, private finance, and personal health. Knowing that financial regulations and healthcare provisions are being developed at...
One of the European Government’s concerns is to facilitate trade while also securing import and export procedures. Currently, customs, Value Added Tax(VAT), and duty are all handled separately, although the data is nearly identical. Customs administration using electronic means is seldom regarded as inventive as product design or factory automation...
Introduction Policymakers regard Canada’s immigration program as critical to the country’s progress and future growth. Growing the country’s population, however, demands a balance and keen monitoring. The current immigration plan for 2019-2021 set by the Canadian government should be carefully analyzed. Presently, there are government restrictions on the free flow...
Introduction In developing countries like Namibia, power supply is a key issue. Namibia’s local electrical supply has failed to keep pace with its expanding energy demands since it only generates less than half of the energy it consumes, according to ITA (2020). The current peak energy demand exceeds 600 MW,...
Advancements in digital technologies and data collection allow marketers to implement individualized targeting (IT), which presupposes that current or prospective consumers receive personalized advertisements based on their preferences. IT is beneficial: marketers identify target audiences while customers receive relevant recommendations. Nonetheless, the application of this strategy involves personal data use,...
The United States’ authoritative bodies are essential for establishing financial accounting and reporting standards that both private and public organizations will have to follow in order to operate successfully in their relative markets and spheres of operations. For example, the Financial Accounting Standards Board (FASB) sets standards through an inclusive...
The Implications of Integration in the Light of Brexit and the COVID-19 The United Kingdom, which constitutes Wales, North Ireland, and England, has one of the major economies in the world. In 2019, the GDP of the UK was 2.83 trillion dollars. Due to the diversification of the economy, living...
Description of the Crisis I work at a national bank as a CEO, where a recent crisis has attracted nationwide coverage due to its massive effect on the economy. The bank is the largest one in the country and has clients in the entire nation, including its biggest customer, the...
There are numerous issues that banks across the world have to address in the 21st century. Nevertheless, bank groups that have already developed the most efficient business models and managed to expand their operations globally are in a comfortable position. The remarkable economic performance of various sectors of the economy...
History Of Banking The United States of America has the most powerful banking system in the world. However, this system is one of the youngest, and banking has its own specifics with a lot of restrictions and even archaic elements. Its own banking structure appeared in the United States during...
Introduction The economic theory of investing pays much attention to the phenomenon of financial bubbles. In a general sense, bubbles are understood as an unreasonably sharp increase in the price of assets on the stock market, followed by a sharp decline when the bubble “bursts.”This is reflected in the terminological...
Introduction Nowadays, there are many laws and regulations regarding the banking system, lending, and the financial structure of the United States. They include reforms to improve the country’s credit climate and increase investment opportunities. One of these laws was CRA (Community Reinvestment Act), adopted in 1977. To evaluate its effectiveness,...
In the video “What you need to know to play The Fiscal Ship game,” Sheiner (2016) explains the mechanisms that regulate the allocation of financial resources. Simply stated, the speaker describes how the government spends money and what trends will be apparent in this sphere in the near future. Among...
The economy studies the process of production and consumption of goods and services and the ways they help fulfill the needs of society. The economy, in general, helps people get a clear idea of the way market relations are established and developed. Understanding the guiding principles and strategies the economy...
Current Issue: US Trade Deficit Recently, such news outlets as Reuters, CNBC, and Market Watch have reported that the US trade deficit has reached its highest record. According to Mutikani (2021), in August 2021, the US trade deficit rose to $73.3 billion, although economists predicted that it would amount to...
A landline usually transmits data through a metallic wire or optic fiber telephone line instead of a mobile cellular network, which transmits data using radio waves. Landlines are usually fixed at some points where people operate them from. For instance, they can be fixed in homes, streets, jails, and big...
Islamic banking implies a way of banking functioning that is characterized by consistency and does not contradict Muslim principles in relation to monetary settlement operations. The main rule of the Islamic religion is the rejection of future transactions and the prohibition of charging a loan interest by a banking institution....
A capital market is a place that has complex financial schemes for the exchange of material values expressed in monetary terms. Financial transactions aim to optimize the use of money and what it expresses – material values. Remarkably, the decision to invest is, in a sense, a choice between consumption...
Introduction Profitability Ratios Return on capital employed = 2020 2019 Operating profit 7,485 10,105 Divide byCapital employed: Share capital 26,035 24,330 Plus Reserves 8,480 6,375 Plus Non-current liab. 4,575 1,250 39,090 31,955 Equals (0.1915 0.3162) x 100% ROCE = 19.15% 31.62% The 2020 ROCE is less than that of 2019....
Introduction The doctrine of pure financial loss is a significant development in the American and European tort laws. At the same time, the development has been confusing with controversies over the definition and restricting principles governing pure economic loss in different states. The pure economic loss has been a fascinating...
Introduction It is important to note that gambling and casinos are mostly perceived as negative activities as well as organizations, respectively. However, despite the socially held disapproval, responsible gambling and properly regulated casinos can be not only an enjoyable recreational activity but also a major promoter of tourism and economic...
The Economy of the United Arab Emirate The United Arab Emirates is amongst one of the most successful countries in the Gulf and the Middle East. It is made up of seven emirates. It lies within the Arabian Desert and covers an area of 83650 Km2 with a population of...
The Federal Reserve (FR) has three main tools to control the money supply in the economy: the discount rate, open market operations, and reserve requirements. “The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is...
Financial literacy is an essential skill necessary for people to manage their income and achieve goals. Financial literacy can be defined as knowledge about financial planning and management that allows making reasonable choices about money spending and saving (Hamid & Loke, 2021). Indeed, proper cash management leads to lower debt...
Recent systemic transformations due to globalization, trade and investment growth, and nations’ growing interest in economic internationalization to remain or become more competitive led scholars to evaluate the potential political risks of the internationalization process. There are three main sources of political risk in the internalization of the national economy....
Introduction Retail sector remains of the drivers of modern economy because of its scape, scope, and vital status for the life of society. According to the Statistic Research Department (2021), the amount of global retail sales has reached the level $25 trillion with $19.2 trillion in physical turnover and nearly...
Introduction Organizational managers and policymakers use the budget for accountability and decision-making purposes. Budgeting is a process that involves the allocation of resources to the objectives of a given entity or a strategic plan (Brusca & Labrador, 2016). The allocation of resources to a policy can influence various aspects of...
Case History and Background Before the start of discussions with the World Trade Organization, China’s banking industry functioned as a wheel in a centrally located economy. During China’s post-Mao industrialization, the financial sector served social functions rather than the expected economic functions. The majority of China’s successful companies resulted from...
Balance of Payments: Analyses and Implications In the first quarter of 2021-2022, India’s current account balance experienced a surplus in the balance of payment. The increment was 6.5 US billion dollars, representing 0.9% of the country’s Gross Domestic Product (GDP) (“Reserve Bank of India”, 2021). In the fourth quarter of...
Introduction and Identification of Key Economic Issues and Concepts Consumer behavior is a multidimensional phenomenon that proficiently influences business competence and productivity within a marketplace. In the research by Gokhale et al. (2021), the researchers focus on assessing significant factors that influence the purchasing decision among the clientele of luxurious...
Primary and Secondary Markets When it comes to financial activities, it is necessary to understand the difference between primary and secondary markets. They are distinct phenomena, and traders, investors, and other stakeholders should know how they vary. Primary and secondary markets are different according to their overall purpose, mechanics, and...
Calculating the Risk and Interconnection with Market Investment Risk: The Reason for Comparison between the Company and the Index Despite the considerable number of shares’ valuation methods, the comparative approach is one of the most widespread. Many analysts consider the parallel share and index analysis as an effective one since...
Funding Opportunities Priority Funding Option Debt or Equity Type Maximum Available $ Amount Interest Rate Company Share Terms Documents to prepare Contact Information Notes 1 Personal savings Debt $6000 0% I retain 100% I Will repay myself in 18-20 months No 2 Borrowing from relatives/friends Debt Parents $15,000 – $20,000...
Globalization and Its change Globalization is an organic element of modern economic growth, one of its most important characteristics. However, this does not mean that its shape and pace are unchanged: there are periods of its sharp acceleration, as well as deceleration. Over the past two years, globalization has slowed...
In building a budget of any scale, it is necessary to consider many details. The most standard budget requirement is the excess of revenues over expenditures, which ensures the continued functioning of the organization. However, in some cases, this rule may be violated. The purpose of this essay is to...
Banks are the leading financial intermediary in the economy because they accept deposits by attracting depositors’ money, i.e., accumulating temporarily free funds. Moreover, banks provide money at a certain percentage to various economic firms, households, etc., i.e., they issue loans. The activity of banks is the channel through which changes...
The most important concept I have learned in the course is the PV, FV, and Payback Period. It is the first on the list because it is related to long-term risk-taking since the notions themselves help assess the possible financial benefits in the future. According to researchers, financial forecasting is...
Japan is the first of the “Asian tigers” and an excellent example of quality industrial policy, which prevented the country from falling into an irreversible recession in the crisis years. The story of the economic miracle began 70 years ago. Japan, whose path China is trying to follow today, is...
The need to sustain production and growth is one of the central concerns in running a business. Therefore, inspecting the phenomena and notions associated with production and growth is vital. In her recent article, Harriet Torry explained that, despite the pandemic, the U.S. manufacturing industry has been thriving, showing an...
The auction represents a valuable aspect of the existence of the modern economy. Furthermore, an auction is a type of market trading in which the seller, in order to maximize profit, uses direct competition from several buyers present at the auction. It is worth noting that it is the seller...
Disney should accommodate local cultures so much since different regions have varying practices and formalities. When Disney is choosing to open a theme park in a certain location, it is necessary to identify and include the various meanings of the people for them to adapt to the park easily. Lacking...
Allocating sufficient financing for healthcare institutions and policies is a difficult task, especially for a developing country. Currently, Nigeria’s governmental structure undergoes many critical changes to ensure its prospects. Its health sector is largely under-resourced, which has a detrimental effect on the overall productivity and economic development of the country...
Introduction Mercosur is an integration association of four States (Argentina, Brazil, Paraguay and Uruguay) with a population of more than 260 million people interested both in the inflow of investments and in gaining access to high-tech products (Almeida, 2018). It is the leading trading bloc of South America. Known as...
The opioid epidemic has been a problem in the United States for years, and the situation in some states is only getting worse. In particular, Virginia has seen a steady increase in the number of opioid overdose cases and deaths associated with it (Virginia Department of Health, 2021b). The situation...
Introduction Administrative systems must control taxation strategies and processes to ensure effective taxation that matches the administration’s objectives to promote a secure and attractive investment environment. Under President Obama’s administration, there were substantial changes in taxation and income wages to promote fair tax for all Americans. The former president fought...
Introduction The term “recession” refers to a period in which the economy declines, unemployment rises, the stock market falls, and the housing market suffers. Whenever there is a recession, everyone from the Federal Reserve to the president to the federal government gets blamed. Several variables might lead to recessions, including...
Executive Summary The article “Jobs boom wipes out Covid losses” examines the positive dynamics in the labor market recovery. The key takeaway is the reduction in the unemployment rate from 6.3% to 5.8%, with an expectation to lower it to the level below 5%. The other positive tendency discussed is...
The concept of mindful consumption has a deeper meaning than simply consuming the amount of goods and services necessary for an individual’s life. According to Sheth et al. (2011), mindful consumption has both tangible — the behavior, and intangible — mindset — facets. Therefore, consuming the goods and services mindfully...
One of the key processes in the development of the world economy on the verge of the XX-XXI centuries is the progressive globalization. It is, indeed, a qualitatively new stage in the development of the internationalization of economic life. The attitude of both specialists and people to globalization is very...
Returns on equity (ROE) represent a relation where income has to be divided by the stakeholders’ equity (average). It means that investors are most likely to gain more insight into stakeholder power and make their decisions based on that particular factor. Another way to represent the relationship between investors and...
Introduction World history has seen devastating global pandemics, which have drastically changed the situation in the economy. In this regard, it might be interesting to compare the impact caused by the current COVID-19 with the consequences of the earlier pandemics. Mankiw (2020) mentions the case of the Black Death, the...
The notion of market stands for a complex interrelation between various systems, procedures, infrastructures, and social phenomena that contribute to the systematization of goods and services exchanged in certain conditions. The exchange within a market may rely either on the exchange of goods and services by barter, i.e., in return...
A business is affected by various regulations that determine its success. These regulations are meant to guide and control the running of a business. If a business does not adhere to policies, then it may end up collapsing. Most entrepreneurs that do not meet guidelines required by the government end...
Introduction Lebanon is known to be facing a financial crisis that continues to worsen. Unemployment, as well as poverty rates, have rocketed, and the currency has devalued substantially, which threatens political stability not solely in the country, but in the entire region. Considering this, it is critical for the Lebanese...
Introduction Every consumer’s target is maximizing the utility from a product that translates to the betterment of their welfare. However, they may fail to achieve total satisfaction due to some challenges. The consumer welfare maximization problem is where they cannot reach the level of satisfaction they want. It arises due...
In a civilized modern state, private business harmoniously complements public administration and trade spheres. Services and goods are distributed in many areas intelligently between private individuals and the state. These individuals are bound by the laws of their country and take full responsibility for providing quality services and goods. The...
Introduction The realities of today’s economic conditions are based on meeting the constantly changing needs of customers, increasing labor productivity, and maintaining a leading position in the market. A commercial organization is a social system that develops according to business principles, but production capacities and a management system act as...
The first article is American dream collapsing done by Jim Tankersley in 2016. The author is writing about the decline in several children earning more than their parents. In 1940, 92% of children earned more than their parents compared to 46% in 1980 (Tankersley, para 2). The biggest conversation is...
Financial ratios allow a business to assess many aspects of the performance, being an integral part of financial statements analysis. The ratio compares companies, industries, different periods of activity of the same company, and the results of the organization with the average industry ones. In financial statement analysis, the following...
The purpose of the capital market is the efficient reallocation of funds between investors and borrowers. Individuals and firms may have excess capacity to invest in production but do not have sufficient funds to use them all for their purposes (Renshaw, 1984). If the capital market exists, they can borrow...
Perhaps one of the most picturesque countries on earth thanks to its mountainous landscape and the midnight sun in Norway, which is, in addition, an attractive destination for business ventures. Norway’s relatively small population does not impede the country’s purchasing power equals to the world’s largest economies due to its...
Introduction Borders play a significant role as they regulate and facilitate the trades and movement of people from one state to another. Additionally, effective border management can allow nations to achieve a more balanced approach to border management that enhances a country’s security. Migration management is another essential aspect that...
Introduction The issues of the crisis continue to be relevant: the abundance of goods on the market and the stock exchange does not justify their poor quality. Companies and corporations with influence over public opinion are responsible for this abundance. The crisis of 2008 was a companion to discussions of...
Globalization is a widespread phenomenon that determines the economic and trade processes all over the world. With the development of technology and significant achievements in cross-cultural communication, different countries and nations nowadays can exchange goods and services freely. In each country, people may find production from various parts of the...
The body of doctrine created by Karl Marx and, to a lesser extent, Friedrich Engels in the 19th century does not lose its popularity to this day. Marx refused to see his teaching as pure philosophy: if anything, he criticized other philosophical movements for their alleged inability to shift from...
Economic growth is difficult to project because it is associated with many drivers. Tran (2019) claimed that economic freedom is the main economic growth propellant. Economic freedom refers to protecting private property and reducing public intervention on private issues, including limited restrictions on consumption, distribution, production, and markets. (Oussama et...
Introduction The current situation in recent years associated with the pandemic of coronavirus infection has changed the world and made its adjustments to the modern realities of the whole world. However, the USA was selected for analysis since it is of certain interest. The fallout from the Covid-19 pandemic has...
Introduction Economic disparity has always been a hot-debated topic and relevant problem in the United States. The vast difference in wealth between the rich and poor people constantly promotes social inequality, decreases economic growth, and increases political tension (Stiglitz 4). Additionally, the relationship between economic disparity and the said complications...
Introduction Russia’s economic and social environment is based on a previously populist system, maintained despite growing tensions with Western nations and civil unrest. As no political or economic reforms are expected, there is a need to examine the country’s structure, analyze its economic and noneconomic surroundings, and explore potential prospects...
The problem discussed in the selected episode of the podcast is related to the recent changes in citizens’ wages, which, surprisingly, do not bring extra income. These outcomes are conditional upon the ongoing inflation resulting in rapidly growing gas prices, which becomes an obstacle for some people (Smith, 2021). The...
Background John Maynard Keynes is referred as to one founder of the present-day macroeconomics theory. He analyses the relationship between the government’s spending habits to the government’s income in the form of taxes (Wernicke, 2018). Deficit spending refers to a situation where the government expenditure rates are more than the...
The American Bankers Association (ABA) is a trade association that consists of elites and groups representing banks of all sizes in the banking industry. The ABA does not offer basic baking services or operations aligned to bank systems. This association was established in 1875 and has expanded to the most...
Background of the Case Earning per share (EPS) is known to be a key metric used to determine a shareholder’s portion of the company’s profit. It is widely used to assess a company’s performance, and high values of these indicators usually make a stock more attractive to potential investors (Earnings...
Heuristics can be described as mental shortcuts that are used to solve problems or make probability judgments. They are generalizations aimed at reducing the effort required to think critically about a situation. They can either be effective or irrational when making judgments or coming to conclusions. There are three types...
Today society is filled with the obsession of promoting a self-image of beauty and perfection. Individuals take extreme measures to reach the goal of a flawless body, however with the so many innovations beauty can be accomplished with no surgery a balanced diet and exercise. «Beauty Sculpt for You» is...
Foreign Direct Investment (FDI) is the purchase of assets like land and equipment in another host nation while running the facility from the home country. In the event of FDI, the foreign investment business must have at least 10% of the voting rights. The primary distinction between FDI and other...
The article demonstrates the variety of scenarios in which the exclusion under Sec. 121 can be applied. I understood the situation where two unmarried individuals jointly own a home. For example, the homeowners want to sell their house, or their property has been destroyed by a natural disaster or an...
The success of the United States in multiple spheres of life largely comes from a well-known and longstanding tradition to encourage people to leave their countries for a better life in America. At the same time, similar to any other phenomenon, immigration has advantages and disadvantages. On the one hand,...
Introduction The COVID-19 pandemic has influenced various spheres of human life worldwide, in the list of which, consumer businesses apparently occupy the leading positions. The quarantine encouraged big amounts of people to reconsider their values and priorities, notably, give a preference to a healthier lifestyle as well as spending more...
The Covid-19 pandemic has changed the way consumers behave and as a result, the economic growth over the past 2 years has stagnated. The U.S. is one of the largest and most successful economies in the world. When changes happen in the United States economy, the whole world feels the...
Foreign direct investment (FDI) is the investment that a firm or an individual makes in another country’s business operations. These firms, multinational enterprises (MNE), need to consider the cultural factors that are likely to arise when making foreign direct investments. Let us assume my American company, Xaeto, is interested in...
The current economic situation on the African continent presents a disturbing picture. For the most part, power is represented by totalitarian, authoritarian regimes and military juntas, exploiting their uneducated people and the country’s natural resources. The continent is fragmented between states, the borders drawn by the former European colonial empires...
The main purpose is to convince people to join the ranks of fair trade ambassadors. The audience consists of people who are not yet in the ranks of the ambassadors. They need to know that fair trade is an organized social movement that advocates fair standards of international labor, environmental,...
This study may not reflect the views of the general population. This is because the elderly, who are part of the entire population, do not have access to the Internet as unnecessary. It turns out that in this case, they will not receive e-mails sent by e-mail and also will...
The Factors that Contribute to the Growth in Medications The country’s spending on medications is usually determined by three possible factors: the volume of drugs consumed and population of the country, drug utilization per individual, and the type and price of the drug itself (“Prescription drug prices higher in the...
Introduction Understanding the process of deciding on purchasing any product, especially an expensive one, is essential for marketers since this information allows them to adjust their selling practices accordingly. Different factors play a decisive role in consumer purchasing decision-making, which consists of several consecutive stages, at each of which external...
A greater understanding of the processes that govern market operations is an essential part of creating and running a successful business. The study of economics enables one to get a bigger picture of the relationships between companies, governments, and customers. This essay reviews the following topics: supply and demand, elasticity,...
Introduction To achieve financial stability and minimize risks linked with unexpected expenses, skills in developing a personal budget are important. Basic budgeting-related competencies can promote healthier spending patterns and increase personal saving rates regardless of a person’s initial financial knowledge. This paper summarizes takeaways from the budget development exercise, including...
Introduction The COVID-19 pandemic has caused destruction on the economies of multiple countries, wreaking havoc on a variety of sectors. Notably, the pandemic’s broader social impact has influenced investment behavior in the United States. As such, this study examines the effect of social activities on the US stock market concerning...
Application of Correlation Analysis Correlation analysis articles are helpful in providing an alternative on how a certain business problem can be solved. The application of correlation analysis involves the use of a regression model that generates a quantitative analysis of the study. The use of regression analysis models in the...
Henry Hazlitt’s Economics in One Lesson (1979) offers an introduction to liberal economics in a concise yet well-developed way. The book stresses what the author considers to be the two main principles for evaluating any action with an economic impact. These principles are considering the economic impact on the entire...
Background The purchasing of a house is one of the most complicated financial decisions people make. It requires significant efforts to choose the most suitable option, taking into account all the current and potential necessities of a family. The vital point is the price of a house and other related...
Air pollution is one of the key problems of the modern world, along with climate change. In large industrialized countries such as China, the emission of carbon dioxide has a negative impact on climate conditions, which is hitting the national economy. It is proposed to use the Orca technology for...
Introduction The accessibility of goods and services is among the key determinants of how effective the economy of a certain state currently is. Specifically, it shows what amount of a particular product is available to the population and what those can afford. These parameters are directly dependent on supply, which,...
The priorities of the Biden-Harris administration as seen in the first link are representative of highly expansionary policies. Expansionary fiscal policy is characterized by tax cuts, rebates, increased government spending, and infusing the economy with money through deficit spending (Lumen, n.d.). This can be seen in the administration’s policy priorities...
The emergence of the New Deal came in a time of severe economic and social struggle. This also allowed for political division and the promotion of varied and even conflicting interests. However, the New Deal aimed to improve the lives of the regular working class as well as the operations...
For a long time, the Democratic Republic of Congo (DRC) has been considered as a country unattractive for Foreign Direct Investments (FDIs). Since the 1990s, the country has experienced endless periods of violence that have hampered its political stability and economic growth. There are high rates of poverty and unemployment,...
Considering the specifics of the question conditions, I would choose a balance sheet to be conducted if only one form of the financial statement was possible. The relevant criterion mentioned concerned the potential for credit extension towards suppliers by a total of 60 days. An income statement would therefore not...
Introduction Unemployment is the most important indicator of the economy’s health. Its rise confirms the economy’s decline after a recession and leads to the diminishment of household purchasing power, which decreases overall consumption and causes a further economic downturn (Amadeo, 2020; Picardo, 2020). The U.S. Bureau of Labor Statistics qualifies...
Introduction In light of the article by Anna Wiener published on September, 15, 2021, the matter of tariffs deserves a special notion. As Mrs. Wiener (2021) points out, “steel tariffs imposed by the U.S. in 2018 led to a shortage of steel sheets”, which led to the increase in production...
Financial services are those offered by banks and other financial entities in the financial sector. The phrase refers to mobilizing and allocating funds and encompassing all operations involved in converting savings into investments. Life insurance and annuities are two examples of such services (Alpman & Ünal, 2019). On the one...
“Fiat” money is a currency issued by governments that is not tied to physical products such as gold and silver. The currency value is usually set by the ratio of supply and demand and regulated by governments’ financial departments. USA dollar, euro, pound, and many other stable currencies are called...
Deep Economy by Bill McKibben gives an insight into the current United States economy and how the future of the nation is in danger if the current economic processes continue being followed. Bill McKibben describes that the United States has become obsessed with getting more material items rather than acquiring...
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...
The two main factors to consider in determining investment in event management services are cost/logistics and usability/operability. Cost is a major factor, depending on a range of other influences. Constructing a dedicated event management facility from the bottom up will be more costly as it includes elements of planning and...
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 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...
Despite the COVID-19 pandemic, which has caused various economies around the globe to fumble and struggle, the housing market in Singapore tends to remain in a healthy status (Global Property Guide, 2021). However, it is true that the increased demand created by the delay of the housing board for Singapore...
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 and Research Design The reflexive practice involves assessing an individual’s thoughts due to their professional development. As a result, the scope of this research is to determine the role of reflective practices and the essence of self-awareness on financial managers. I selected self-awareness due to its integral role in...
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...
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...
With the sudden outbreak of Covid-19, different industrial companies have invested in advancing digital platforms and technologies to guarantee the sustainability of their operations. As technological developments accelerate, customer expectations are constantly changing. Through a variety of innovative solutions, an essential change in the insurance industry is, therefore, being encouraged....
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...
Saving and investing will always attract people who are interested in making money via financial operations. Savings are not spent income or postponed consumption that can be achieved through various ways. Some individuals still adhere to conservative savings methods such as piggy banks, participating in sou-sous; some create savings accounts...
The change from local to the international economy is a crucial concern for the field of ethics. Globalization has several implications for the business environment, among which are the expanded access to resources, interdependence of international companies, and improvement of the labor force (Ast, 2018). However, the ethical consequences 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...
