Economics Term Papers Samples For Students

Generally agriculture is the backbone of our country’s economy. The economy almost solely depends on our agricultural products which earns us a considerable income after exportation. Our major export earner in the agricultural sector is cotton. Cotton farming is practiced largely across the country and the country’s economy is majorly supported by the growth of this cash crop. It is, therefore, ideal that we proceed with caution and discretion when dealing with matters that relate to the production and sale of our cotton lest we end up destroying our own economy. We have to critically examine and clearly ...

Introduction

Financial markets in the economy have a role of linking the demanders and also the suppliers of funds. They enable firms and individuals to access capital and invest any surpluses. These are the markets that allow the financial sectors of the economy to run smoothly. However, many individuals do not understand these markets despite their crucial role in the economy. They have varied reasons for their failure to comprehend these markets and these reasons limit their understanding of the markets. This serves as the foundation for the thesis of this paper that is – accountants have a role to play to enhance ...

Degrowth is the deliberate act of shifting economies away from the perpetual pursuit of growth at the expense of environmental degradation. The global economic growth has continued to escalate over the years, and as a result of this, industrialization has also been on the rise. In some countries, the rate of economic growth has been so enormous for the extent that the many industrial processes end up impacting negatively on the environment. For instance, China is among the nations that have experienced an increase in motor vehicle activities which call for more use of fossil fuel. Fossil fuel has and ...

Section 1

As McGregor explains, the Chinese Communist Party (The Party) had gone to the extent where the citizens are not allowed to control their own lives. The party has created minimum freedom different from the Friedman argument of the maximum freedom. Therefore, McGregor reveals the essential difference between the maximum freedom and the minimum freedom using examples of the minimum freedom in china. The desire for the Chinese citizens to chase for their own self-interest is constrained by The Party. In order to demonstrate how the maximum freedom society differs from the minimum freedom society, McGregor provides example of the ...

The United States is facing gradual economic growth with large downside risks. The causes of the economic downturn in the US are attributed to the 2007 financial crisis when the nation experienced a housing bubble burst. Another root of downturn of the economy in the US is the sovereign debt crisis. This is so because the countries such as Greece are asking for assistance to finance their debt, which is affecting the US economy and the world economy. The fear is that this would take the United States economy to a low GDP level. Since the US is the leading economy, ...

Part 1: Background information

Honduras is approximately 1000 miles from Miami. It is located in the north- central part of Central America. It borders El Salvador, Guatemala and Nicaragua. Honduras is a mountainous country, with river valleys and coastal plains. It is a small country with an area of 48, 200 square miles. The capital city of Honduras is Tegucigalpa. The main language is Spanish. In 2012, statistics showed that the population of Honduras was 8,296,693. Honduras is a democratic constitutional republic. As of 2014, the president of Honduras is Juan Orlando Hernández and he won with a National Party ticket. Honduras has a constitution, ...

Part.1 Country Background:

- Neighbouring Countries: Gaza, Israel, Libya, Sudan,
- Territorial Size of the Country: 1,002, 450 square kilometres
- Size of the Population: 86,000,000 (2014 estimate)
- Type of Political System: Democratic System, multi-party system
- Who is the Prime Minister, President?

Acting Prime Minister: Ibrahim Mahlab

Acting President: Adly Mansour
- What Political Party is in power? Democratic Alliance of Egypt
- Derivation of the form of law: common, civil, other: The country has mixed legal system which is based on Napoleonic civic law and Islamic religious law.
- How would you classify its ...

Thesis statement: Data warehousing is critical in the socio-economic success of businesses in the world today by means of providing an important platform for both social and economic interactions that proceed with the greatest regard to competitiveness and relevance since markets continue to grow more unfavorable to irrelevant businesses. It plays a central role in ensuring the existence and competitiveness of an organization remains intact as efficiency and reliability of data processing are upheld. Organizations have to adopt data warehousing if at all they need to remain relevant in the current super competitive markets.

Summary

A data warehouse, also known as ...

Edward Bellamy published a utopian novel “Looking backward,” which became the most influential books in the history of American Utopian. The book provides a vision of the future that indirectly has assisted to direct the evolution of the American community. The book led to the creation of utopian societies and had great influence on political thought in the 20th century in the United States and the rest of the world. However, the author's illustration of a society where a person is subordinate to the state and industry army marches in lock step for the common good raises questions about human rights and fear ...

Gender relations have only slightly changed in the midst of the growing complexity of human societies through the centuries. Women remain the primary caregivers and are expected by their society to be responsible for child and infant care whether it be in subsistence economies or in modern day stateshood. However, men’s traditional roles of hunting, construction, political leadership, and even combat have slowly become shared with women as societies become politically and economically more complex.

Subsistence economies

In subsistence economies, males conduct hunting activities while their female counterparts gather wild plants for food. Both of them can together collect shellfish ...

Introduction

This paper summarizes the key policies that were implemented by the United States Federal Reserve Bank in the period between 2008 and 2010. This time period under review presented a unique economic environment for the Federal Reserve and the US economy as a whole, due to the Global Financial Crisis which begun in the second half of 2008. This paper seeks to understand the key decisions that the Fed took in averting the deepening of the crises, and in steering the economy back on the right course. By and large, the decisions taken by the bank are to a large extent a reflection ...

Brazil ranks as number 114 on the index of the world’s freest economies, falling well below average. Brazil shows a trend of moving towards more and more government regulation in business. In the 2000’s, Brazil was ranked as “moderately free” but has since then seen a steady rise in government regulation, rising by 0.8 from last year. Now it is ranked as “mostly unfree”. The regulatory system is non-transparent, which creates a loophole through which corruption can manifest. Brazil is one of the top ten largest economies in the world, has a large domestic market, enjoys a steady democracy and has a wealth ...

Issue Analysis: Has the China -Saudi Oil Relations Impacted on the Economy of both Countries?

Summary

China has an exceedingly high population, standing at over 1.3 billion people, and this has led to a huge demand of oil for energy production in the country to serve this exceedingly high population. The huge size of the Chinese economy, the second economy in the world in terms of size at the moment, requires billions of barrels of oil to fire it (Al-Tamimi, 2012). The IMF, in 2012 projected that China will become the largest economy in the world by the year 2017, at the earliest opportunity. Saudi Arabia has extensive oil wells harboring billions of barrels of ...

Saudi Arabia, with its huge oil reserves is the main state of the Organization of Petroleum Exporting Countries. From 1992 to 2009 it was ranked first in the world in oil production and exports. Exports of crude oil account for 95% of exports and 75% of the country's income, making it possible to maintain the welfare of the state (International Monetary Fund, 2014).
Foreign exchange earnings from oil reached $ 45 billion US dollars, or about 85% of export earnings in 2013. High oil revenues contribute to accelerated industrial development in the framework of five-year plans. The growth of ...

A Comprehensive overview

[Author Name]

Financial Crisis

Introduction
It’s of imperative importance to understand the link between financial system and the economy. According to various economists, it is gauged that there are two primary function of finance. As mentioned in The Economist, it essentially performs as an economic time machine, serving savers to haulage their present surplus income into the future, and on the other hand offering borrowers access to future earnings now. Finance also serves as a safety net, protecting against catastrophic unforeseen events. Hence, by performing these two acts, an efficiently running financial system ensures against the bumps in life, providing ...

Abstract

Introduction
The thing through which a country gets appreciation is its core expertise and appreciation in the economic function, because the economic functions usually have the tradeoff of two important things known as earning and consumption. In fact the father of economics, Alfred Marshal and Adam Smith found the same tradeoff in the market for their economic consequences particularly. This is an important aspect that delivers the best services in town for the country in all over the world (Gaisford & Kerr, 2001).
The concept of economics is an important one for the countries and economies from all over ...

Executive Summary

This paper will aim to gauge the costs and the benefits of the government intervention in a market. We will comprehensively analyze the situations in which it’s essential for the government to intervene and maximize the societal benefit. We will also discuss the limitations posed by the government intervention to the free market forces and its impact on economic welfare.

Introduction:

The extent of government intervention in private markets has always been a challenging question for economists. The two streams of economists, comprising of free market economy and planned economy pose different views on government intervention in private markets. Free market ...

Discussion on Exchange rate of Pakistan for the period 1990 to 2010

This paper will elaborate on the exchange rate changes and currency fluctuations of Pakistan, which is the sixth largest country in terms of population and also the 7th nuclear power. The researcher will present an economic analysis on exchange rate disparity of Pakistani Rupee (PKR) with US Dollar during the era of 1990 – 2010. For this purpose, the information and statistics available on FDI, import and export figures, external debt, foreign reserves of US Dollar, inflow of remittances and impact of economic sanctions due to nuclear explosions will be analyzed in detail to study the strengths and weaknesses of ...

Did the Rich World Become Rich Using Colonization and Exploitation of the Poor: A Critical Assessment of Theory and Empirical Evidence

Introduction

The rich world tries to forget that the causes of underdevelopment and poverty were slavery, colonization, brutal exploitation and plunder, which for centuries were subjected to different countries. The poverty from which people suffer is associated with the imaginary inability of Africans, Asians, Latin Americans and Caribbean, i.e., blacks, Indians, yellows and mestizos, develop, and even manage their own countries The current economic order, imposed by rich countries, is not only cruel unjust, inhuman, contrary to the inevitable ...

Democracy is a form of government where citizens take an active part in the formulation and establishment of laws that govern the society. The involvement of these citizens is either direct or indirect through representatives. In simple terms, in a democratically run nation, the real power is vested in the citizens. A democratically run society is characterized by equality, and rights that apply to everyone. In addition, the law applies equally to every single citizen. Democracy is currently a feature in many countries across the world although there are some countries that are not democratized. However, questions have always been asked regarding ...

Forewords

South Korea is an East Asian nation located in the southern part of the Korea Peninsula. Prior to 1948, the South and North Korea were one nation under different occupying forces. The forces of the United States occupied the south while the Union of Soviet Socialist Republics (USSR) occupied the north. However, in 1948 after the World War II, the nation of South Korea was established, and the two parts were partitioned. This partition caused unbalanced economic units. This was because North Korea controlled majority of the natural resources and heavy industries which were created during the time in ...

Introduction

Economics is that branch of study that deals with how the people and the nation as a whole make choices so that there is optimal use of the resources that this world has given us. While studying economics it is very important to cite real life examples of the theory and analyses studied in the textbook in a classroom environment. Case studies are an important and indispensable part of the study of economics. It gives the student an idea about how the theory or the principle functions in the actual setting. More importantly, it allows us to analyze real life situations ...

INTRODUCTION

for India for a 31 year period starting from 1980-1981 up to 2010-2011 on six independent
variables: Gross Domestic Capital Formation, Net Domestic Savings, Exports, Employment,

Gross Enrolment Ratio and Imports.

MOTIVE
Macroeconomic theory suggests that aggregate demand depends on economy’s investment,
savings, exports and imports. We have gone off the beaten track and included two
unconventional variables- the employment in the public and organized private sector and the
gross enrolment ratio. Our objective behind this has been to show how the spread of
education sector and increased employment opportunities affect the annual growth rate of

GDP and to find out if it has had a significant impact on the economic growth of India in the

past few ...

American Public University

Introduction
Economic systems aim at developing a sustainable economy that is expected to satisfy the needs of the citizens in the country. An efficient economic system produces the maximum amount of goods by using the production factors at the possible highest productivity level. Productivity is one aspect in an efficient economic system. The other aspect of an efficient system is to distribute the economic production fairly and efficiently among the citizens. The equality in the distribution influences the productivity level of the country.
Considering that the citizens of the country are the entrepreneurs, the workers, and the consumers ...

Correlation between the two readings

The two economics books “The New World of Economics” and “Freaknomics” encompasses a correlation in terms of examining the important principles in economics. The only difference that can be observed between the two books is the method of explaining the key concepts in economics. However, correlations are more prominent despite the difference in approach. Freakonomics explains about incentives where people respond to the idea of it whether in a form of moral, social or monetary incentive. For example, in the book, a person is likely to trade something of value in return for an equal value plus an incentive. People will pay ...

The British Occupation of Egypt in 1882

Introduction
Mixed reactions were rampant with reference to the occupation. The European had various opinions and reasons for occupying the country including promotion of trade and development of perceptions and civilization in the country. On the other hand, the Egyptians felt their land was being taken, and their heritage was being taken away from them as well. Both reactions of resistance and collaboration led to different results in the country. The results were both positive and negative to the people especially concerning the economic sector. There is a great relationship between the historical occupation and economy.

Origin of the Occupation

After constructing and ...

Capitalism is an economic environment in which factors of production and trade are privately controlled to maximize profits. Capitalism is characterized by such factors such as capital accumulation and competition in markets and wages. A lot of theories have been postulated in a bid to explain the origin of modern capitalism. This paper focuses on two theories on the origin of capitalism by Karl Marz and Max Weber. Special Focus is given to the alienation theory by Karl Marx and the origin of capitalism as explained in by two theories.

KARL MARX THEORY OF ALIENATION

In the theory of alienation, Karl Marx explains and discusses ...

Kohl’s International Expansion

Before any company or organization proceed with plans to expand internationally, the management needs to assess the viability of doing so. Part of assessment is determining the advantages and potential contributions of international expansion to the organization (Hines & Bruce, 2007). The organization may also assess and plan expansion simultaneously. In this way, the management can determine where the organization will invest for foreign expansion and how the organization would do it. Practices in planning and assessment will be applied in this discussion in relation to Kohl’s. Kohl’s is a retail chain store based in the United States and ...

“U.S. Foreign Policy Responses to the 2014 Crisis in Ukraine”

International Relations
“I certify that all material presented in this assignment is my own work except where I have clearly acknowledged the work of others by means of accurate citation. I have read and understand the University’s Academic Integrity Policy.”
Local political events that constantly happen all over the world have impact, though not always immediately palpable, on the interests of the United States and its citizens. While some can be insignificant and barely affect economic or defense sector, the others can lead to the redefinition ...

Introduction

Norway has a mixed economy structure with government controlling the crucial sectors of the economy. The economy growth is majorly sustained by its natural resources. For a long time, the economy export had been supported by shipping. The key industries in the Norwegian economy are the petroleum and natural gas, food processing, textile, and shipping, among others. Norway’s currency is referred as the Norwegian Krone (NOK). Its current GDP stands at $499.98, and the GDP per capita is 53,293. The paper addresses the macroeconomic elements of the Norwegian economy, by looking into the present economic condition, as well as ...

Housing price bubble refers to the situation where, there is a speculation regarding the price increase of the property and the supply is limited. The prices of the house start to rise due to short supply and remained high for a reasonably long period. At the same period, speculators enter the markets and the demand further goes up. At some point of time the demand is static and somehow supply is increased which results in lowering back the prices to significant levels and the bubble is busted .
There is a general opinion that FED was responsible for the housing price bubble. ...

Abstract

This paper aims at establishing communism in China and its effects on the government, economy, and lifestyle.
Introduction
In world history, communism is often associated with negative points. When communism is brought up, cruel regimes in the former Germany, U.S.S.R, and Yugoslavia and also current regimes in nations such as, North Korea, China and Cuba are time and again thought of depressingly. In addition to that, communism is associated with government control, limited personal freedoms, and a police state. Seemingly, all these curtail civil liberties. Ideally, some nations have tried communism and failed because of the methods they ...

Introduction

The main purpose of this report is to analyze that how learning curve is a function that measures how labor cost declines as units of production increases. Labor and production are two important concepts come under the ambit of economics and finance, and it’s usually associated with the productivity of the individuals as well as the firms. Learning Curve is a curve that associated with two different variables in particular in which an increment in a single variable would lead to decrease the power of the other one and vice versa. The utilization of Learning Curve has been receiving increasing and ...

As the governor of this island, it is my duty to ensure realization of economic progress by bringing in foreign investors that will help us harnessing the economic potential of our rich natural resources. It is apparent that the lack of investment opportunity in the island has caused the people tremendous economic hardship in terms of improving the quality of living due to the limitations in productive opportunities. However, better days are about to come as our island’s natural treasures are about to our ticket to a better future economically. In light of the aforementioned struggle for providing a better ...

Executive Summary

Technology is one of the best scientific developments that have brought about economic, social, and political change in most of the world’s economies. Nevertheless, there are varied reactions on the effect of technology on the environment, the economy, religion, culture, and politics among a host of many social, economic, and political phenomena. Conversely, these factors also affect technology in different ways as will be discussed in this paper. Nevertheless, selecting technology for a specific situation depends on a list factors that either support or oppose such incentives.

Introduction

Science and technology are the current century’s most influential challenges since it affects ...

African American History

Introduction
Discursive formations an explanation of the human behavior attempts to undermine the archeological historical analysis. In the discursive formations analysis, human beings are not the center analysis to avoid problems associated with anthropological approaches used earlier. This discursive formation analysis can be used in explaining the revolutionary discourses that constantly undermined the history of Europe towards the end of the nineteenth century. At the end of the middle ages, there was an increased power struggle and increased women's participation in social and political activities. The same period experienced the first wave of feminism when women's emancipation movements ...

Both world wars I and II had huge impact on America both economy and political issues majority of which was negative as one would expect from any given wart in the world. In the year 1914 when world war I broke out America had no interest in joining the war, and the president by then Woodrow Wilson pleaded that his country would remain neutral, a decision that was well taken by majority of America citizens as well as the rest of the government officials. However this could not last for long since later in the year 1917 America decided to ...

Economic globalization has advantages and disadvantages existing side by side. Developed countries like china face both challenges and opportunities because of economic globalization. However, they indeed stand a better chance in this regard than the developing countries. Over the past, china leaned that isolation from other economies in the world most likely leads to backwardness. As a result, it has sought to participate in international trade in order to boost its economy and enjoy the benefits of international trade. This paper will address the positive effects that economic globalization has made in China over the past 30 years.
In as ...

After the Great Wars that shook the status quo in the 1900s up to the late 90s, many believed that peace would no longer be threatened by worldwide conflict. However, this relief had been shattered when a group had decided to attack several key installations of the world’s only superpower on September 11, 2001, returning the fear that was once felt in the time of the Great Wars. With a group known as Al Qaeda taking responsibility over the crime, the US and its allies have declared “The War on Terror” against groups such as Al Qaeda across the globe. ...

Cultural anthropology, as a practice, notes the fundamental and subtle differences between cultures in an increasingly globalized world. As the world gets increasingly smaller, cultural anthropology will become more complex, especially when it comes to economic systems and how they interrelate. Globalization has led to increased access to foreign goods; various economic and cultural theories will be used to explain the effects that the melding of different cultures and markets are having on the way nations and peoples interact economically. A shift towards democratic autonomy is suggested as a potential solution for the complexities of melding different economic systems in a globalized ...

Abstract

A vast contraction in world trade and the global economic environment leads to the financial crisis experienced today as countries fight for market share in the international trade. Most governments face pressure from their neighbors to create wealth and jobs creating a complex system governing commerce between states. The above situation creates desperate times that lead into desperate protectionist measures (Wyk 1). China fears protectionism having experienced the biggest ever financial crisis in 2009, and struggled over years to build its economy to its current position. China recorded 8% Gross Domestic Product (GDP) growth in 2009, a situation attributed to falling ...

Term Paper

According to Higss, is the growth of government continuous or does it occur fits and starts? What is Higgs’ explanation for this pattern of growth of government?
Higss proposes that the growth of the government in the United States can be explained as a process of responding to crises. In this assertion, Higss specifically refers to the First World War, the Great Depression of the 1930s, and the Second World War among other major crises that have occurred in the history of the United States. In his reference to the crisis theory, Higss argues that each of these crises ...

Introduction

There are two kinds of tools available to the economic policy-makers through which they tend to influence the economy of the country; these two tools are fiscal and monetary. The former policy related to the spending of the government and the collection of revenue like altering the disposable income of the people by lowering taxes or increasing the spending so that demand is stimulated. The latter which is the monetary policy is associated with the supply of money and is influenced by such factors like the rate of interest and the reserve requirements for the banks. Usually these policies ...

- Mercantilism
What was the ultimate goal of the mercantilist philosophy and why this goal was considered radical at the time. What type of exports/imports did they encourage/discourage and what was the impact on the domestic working population?
The mercantilist philosophy was a policy that was enacted by the European colonists with the aim of increasing wealth in their country. Thus, the main way to increase their wealth was to entice its colonists to pay the supplied goods from the European nation using gold. This is because gold was considered more valuable than the colonists’ money. As a means ...

The continuation of QE3 without tapering can have advanced effects on the economy. This is because it has shown very little improvement. This is evidenced through the report from the U.S. fixed income at Los Angeles which manages more than $128 billion. According to this body, QE3 was meant to target unemployment and the labor market. Nevertheless, the program was also designed to increase in the interest rates and slow or bring to and end the economic recovery. For instance, the program has helped to the fall of inflation rates in the U.S.
According to (Zumbrun and Catarina1) ...

We live in a world today where a lot of emphasis is placed on the community we live in. this is basically in a bid to foster pride in us and also because we are communal beings. Of recent a lot has been done to build up communities to the level that the next generation will have memories of living, playing and growing up in their communities. These memories are not just meant to leave a warm and fuzzy feeling in us but they act as some kind of anchor as the world keeps on becoming a smaller and smaller global village. One of the ...

Comparison of the Landfill Facilities

This paper will compare two landfills; the Landfill Gas Capture and Flaring Facility in Alexandria and the Bantar Gebang dumpsite in Bekasi.
The Landfill Gas Capture and Flaring Facility in Alexandria is used to contain the solid waste from four districts within the Greater Cairo in Egypt. However, the dumping site could not meet the minimum measures for pollution management prompting the Alexandria Governorate to hire a corporate that could ensure effective solid waste control in the area. The solid waste on the landfills at El Hammam and Borg El Arab give out methane which when emitted to the ...

Question 1: To what extent is government intervention in the international trade of goods and services between two countries necessary to yield economic welfare? Discuss in the context of any one market with which you are familiar.
Since the turn of the century, the developing countries are struggling hard to establish their foothold in the world. These developing nations were once corridors of trade to the Central Asian Market but now they are being swiped off their feet due to the overwhelming response of the capitalist world. It is becoming hard for them to keep pace with the ...

Introduction

Population:
The population of the central European nations dramatically increased during the early twentieth century which may have led to an economic downturn. The population of Germany grew from 40 million in 1871 to roughly 68 million by 1914 and this was achieved by the transformation of the German economic structure from an agriculture and self-sustaining state to a complicated industrial structure with internal and external factors affecting the business environment. According to Keynes it was a machine that had to be run continuously and at full blast to find abode for their population at home and import food from ...

In 2008 the world, and the U.S. in particular, were hit by what is referred to as the worst financial crisis since the Global Depression. Unusually severe crisis provoked unusually aggressive response from the Federal Reserve, and their actions still remain the topic of numerous debates – some argue that the response neglected long-term consequences focusing only on stabilizing the situation in the short perspective (Meltzer, 2012), while the others point out that had the government not intervened, 2010 GDP would have been 11,5% lower and number of people employed would been lower by 8,5 million (Blinder & Zandi, ...

Business

Abstract
This research paper will focus on government contracting and it strives to maximize opportunities in its acquisition to small business. The law that will be applied for the study is the Federal Acquisition Regulations or FAR part 19, on small business programs as well as the respective roles of executive agencies and the Small Business Administration (SBA) in implementing the programs. At the same time, there will be an extensive discussion on the coordination that will support the growth of small business, and how the efforts of Small Business Administrations or the SBA help boost the economy ...

Introduction and Causes of the Budget Deficit

The United States Budget Deficit has been in the news recently. This is because of the huge gap between revenues and expenditure that has resulted in a budget deficit of more than a Trillion Dollars each year. The situation was not so bad during the last decade when under President Clinton; the US actually ran a budget surplus. However, once President Bush took over, the budget surplus turned into a deficit mainly because the US was paying for the Iraq war that was very expensive and extended the tax cuts for the rich, which meant that the government went without the tax revenues. ...

Introduction

The cotton plant is a shrub native to subtropical and tropical regions around the globe including Africa, India and America. In the old and contemporary world, cotton was independently domesticated and the resulting fiber is in most cases spun into thread and used to make soft and breathable textiles. The use of cotton fabric can be dated back to prehistoric times; archeologists have excavated fragments cotton fabric dated from 5000 B.C in Indus valley and Mexico. Even though cotton has been cultivated since the distant past, it was the invention of the cotton gin that lowered its cost and led ...

Introduction

The Great Depression is the most economically debilitating event that has struck the United States (US). It resulted to the downfall of commercial activities, loss of employment and widespread poverty that has greatly affected much of the US populace. There is an understanding that the Great Depression has its roots on various causes, yet the most compelling reason lies on the implementation of the Smoot-Hawley Act.
The Smoot-Hawley Act involved the use of higher tariff rates on various imports, most notably those that are from China. Implemented in 1930, the Smoot-Hawley Act imposed ...

In recent news, the Greek Debt Crisis continues to escalate further given Greece’s continues debt despite the bailout funds provided by the EU, IMF, and the World Bank. Considered as one of the primary reasons for the on-going Eurozone crisis, the Greek Debt Crisis showcases not just the Greek government’s incapacities to improve its economic status but also the impact of an unstable economy to the remaining members of the Eurozone. Prior to the announcement of the Greek debt crisis, experts had already seen Greece’s economic instability that would prove fatal in the long-run and led ...

INTRODUCTION

The Federal Reserve System also known as the Federal Reserve was formed on December 23rd 1913 after the approval of Federal Reserve act (Beckhart, 2). The enactment of the act was accelerated by a series of financial panics, mainly by a severe panic in 1907(Bechart,2).It’s main objective was; to provide economic stability by formulating and implementing monetary policies that will ensure price stability, to facilitate discounting of commercial papers and lastly to regulate the activities of commercial banks (Prochnow,3).
However the goal of the Federal Reserve has changed overtime and broadened to accommodate other economic ...

Introduction

Asians Americans are those members of the American population whose origin can be traced back to the Middle East and Asia as a whole. It is pertinent to note that this group of the American population identifies itself as Chinese, Indian, Filipino, Japanese, Korean, Vietnamese and many other Asian affiliations . It is, therefore, clear that Asian Americans are drawn from various national backgrounds. Consequently, these immigrants speak a variety of languages and conduct practices that give them a cultural and social identity. This paper seeks to highlight Asian American immigration trend, challenges and contribution to the wider American society.

How Asian Americans came to the United States

The people who ...

The exact birth date of Alexander Hamilton is not clearly known. However, it is believed that he was born either on January 11 1755 or 1757 in Charlestown, which is located the Nevis Island that was a part of the West Indies islands. He was a founder of the United States. In 1773, Hamilton joined the King's College in New York. He was appointed in a literary society known as Philolexian Society, as a member.
The initial take on between the forces of British and those of America took place in the year 1775, in Boston. This actuated the American Revolution. Immediately, ...

Introduction

Unlike Russia’s European neighbors, supporters of President Vladimir Putin hold a different view of him concerning his rule and power. They view him as a necessary fit and strong leader who suits to lead a country that was previously in chaos. When Vladimir took over power in the nineties, the former soviet countries were weak, disorganized and in chaos. Russia was ailing from a poor economy, high corruption and poor governance. The people then decided that Russia needed a strong autocratic leader who would concentrate his efforts on consolidating Russia, protecting, & expansion of its border and finally improving the economy.

Vladimir’s Succession of Boris Yeltsin

It is for this reason ...

Introduction

When the United States emerged from the Civil War, the divisions within its economy showed the reason why the South lost the conflict. Because of the industrialization that had taken place in the North in the first half of the nineteenth century, that side was able to develop materiel more quickly – and to get it to the men on the battlefields where they needed it with more rapidity. The South, on the other hand, was still mostly an agrarian society. While this agrarian dream would fire the imaginations of poets from Dixie well into the twentieth century, it also ...