Essays on Economic Growth

Protectionism or free trade restriction helps to counteract the rise in unemployment and social tension. Cyclical development of a market economy requires government measures to restrict access to the domestic market for foreign goods and services in the interest of a speedy overcoming of the temporary reduction in demand. However, no regulation of trade is not able to increase the scale of production so we cannot say that restricting trade with foreign countries is a good way to create more jobs in the US, “trade liberalization should reduce wage inequality” (Baker 430). The level of trade restrictions can be ...

International finance essay question

Introduction In 2016, Britain shocked the world by voting to exit the EU, China, and other growing markets remained uncertain, with the cost of products still in fall. However, the U.S economy seemed bright by comparison (Laura, & Rafael, 2016). Although, the U.S Federal Reserve kept postponing plans to increase interest rates in spite of the unemployment number falling to 4.9%.

Why forwards is an unbiased predictor of future spot rates?

As growth prospects are analyzed for the global economy, keeping insight the duty of the U.S current account deficit, it becomes difficult to predict the future spot rates. Moreover, the U.S. commercial counterparts on current account deficits continued with ...

Romania is the forty-sixth largest economy globally and ranked thirty-eighth in the most complex economy category based on the ECI (economic complexity index). The country has however faced a perpetual trade deficit (Steers, 456-461). Total exports into the country in 2009, for instance, amounted to $49.41 billion whereas the imports were $76.2 billion. In 2014 also, according to the ECI, Romania had an export of $71.4billion compared to $75.6 billion imports. In as much as an increase in trade is observable, the country is plagued by a perpetual trade deficit (Goschin, 24-37). To turn this scenario around and improve ...

China’s market potential indicator is the best compared to that of the countries in Asia. The current account for china has about $3306028 73.459. The country is always associated with high economic growth rate due to the fact that, its speculated account favors it in competition with the other countries hence becoming the best performer in the field of economy compared to the countries in Asia. In Europe, Switzerland is ranked on the top on the basis of market potential indicator. Japan has a very strong economy compared to some other developed countries such and France and United ...

Economic growth is depended on the availability of resources, mainly energy, finance, and economic planning. Rapid growth in the last one and half century was possible due to the availability of cheap and abundant fossil fuels (Heinberg 7). But the burning of fossil fuel has a negative effect on our environment because it causes the release of Green House Gases (GHGs) to the atmosphere. Higher concentration of GHGs traps heat in the atmosphere, causing global warming. Unrestraint rise in global temperature can cause melting of glaciers and rise in sea level submerging landmasses, changing weather patterns with frequent incidence ...

The Tokugawa Period lasted between 1603 and 1867 (Yanemoto). It was founded by Tokugawa Ieyasu, and it was also called the Edo period. The Tokugawa period was characterized by political stability, internal peace, and economic growth. The people were led under military dictatorship. During this time, the Japanese society experienced some changes. Some of the transformation include educational expansion, commercialization and economic growth among others. The social order in the society was totally frozen. The society was divided into four classes: Samurai class, Farmers/Peasants, Artisans, and Merchants. Peasants were concerned with food production through farming. Artisans used their crafts ...

Aboriginal peoples and communities are among the first inhabitants of Canada and are thus considered as one of the founders of Canada. Aboriginal peoples already had legal systems and governance structures even before European settlers arrived in Canada. With the advent of European settlers, Aboriginal peoples were forced to either assimilate to the foreign systems and culture or ignore the immigrants and keep their culture. The latter, however, resulted in conflicts between the European settlers and the local Aboriginal communities. Such conflicts were settled through the signature treaties. However, the signing of the agreements did not guarantee that the ...

Milton Friedman believes that in a free society we must not forget that there are two types of freedom and they should not be confused. The proper role of the government is to consider these two ways of understanding freedom - which are freedom from coercion and freedom of ‘free of cost’- and help individuals reach their objectives, interfering with each other as minimum as possible. The government should create opportunities to help people achieve their goals, knowing of course that there is no absolute freedom in society. It is important to notice that for Friedman, the society ...

Apple is a multinational company that is headquartered in the Californian State of the United States of America. The company mainly develops, sells and designs the major apple consumer electronics. The company also develops consumer hardware and software. Among her hardware products include; iPad tablets, iPhone smart phones, iPod media player (portable) introduced in the year 2001, Apple smart watches, Mac personal computers, Apple digital televisions and Mac personal computers. The company has also increased its online services that suite productivity and creativity. Subsequently, the apples consumers’ software’s have been developed to meet customers’ needs and satisfaction. This ...

Abstract

The Air transport industry is growing globally and specifically in the Asia-Pacific region as the demand for air transport services grows and infrastructural development continues. Singapore has emerged as an important air transport hub in the Asia-Pacific region owing to its strategic geographical location, developed infrastructure, connectivity to other regions of the world, and its well-defined regulatory environment. Singapore is a major air transport hub as it is strategically located in the Strait of Malacca which puts it at the crossroads of important air routes, particularly between major economic blocs such as Japan and Europe. The emergence of Singapore ...

The 2016 presidential election was one of the most divisive elections in the modern era with President Donald Trump promising economic reforms in the country during his presidential campaigns. Walker notes that two of the economic pledges of President Trump that would benefit the country are reduction in taxes and implementation of economic stimulus programs. Mirhaydari notes that people who relied on Obamacare for insurance may suffer as they try to get alternative health covers for themselves and their families. However, Rogoff believes that the presidency of Donald Trump will lead to an economic boom. He believes that the ...

Abstract

Subsidies mean that the government pays for what would have been paid by consumers thus reducing the overall expenditure. Thus, subsidies have a far-reaching economic implication to the economy since it reduces the overall cost of production, besides stabilizing the prices of commodities within a reasonable limit. Indeed, high subsidy level means a lower cost of production. Moreover, allowing subsidies spurs economic growth since it lowers the operational expenses of production. Other consequential impacts associated with subsidies include improved living standard of the general public due to the overall affordability of commodities. On the other hand, a subsidy to ...

Different Aspects of Globalization

Globalization represents the integration of societies and economies through migration, capital flows, foreign direct investment and global trade activities. One positive aspect of globalization is that it brings countries and their people closer by connecting them with each other. This is largely supported by the rise of the internet. The second aspect of globalization concerns the capital inflow and foreign investment into the developing countries. Because of such inflows, developing economies are able to prosper economically, get more employment opportunities, and the living standard of the local people increases. The third aspect of globalization is that countries are able ...

In the South China Morning Post's article called “Dumping of untreated acid in Chinese canal highlights nation's water pollution woes,” we read that a Jiangsu chemical plant was recently charged with the fine of 20 million yuan ($2.88 million) for the violation of dumping nearly 2,700 tons of liquid acid waste into the Grand Canal. The reason for this fine is due to the immeasurable level of environmental damage that this caused. The fine attests to the drastic importance of respecting the earth and its bodies of waters, understanding that it is all maintained by a delicate natural ...

Recently, various analysts and American policy makers have established Africa’s growing strategic significance to the United States’ interests. Among other benefits, there are the Africa’s natural resources. Notably, to access such, the country has to cultivate cooperation with African nations and deter various security issues in the continent. For instance, there are alarming concerns over violent extremist activities among other threats perpetrated by maritime piracy, under-governed spaces, and illegal trafficking of weapons and drugs. Additionally, there are mounting concerns about the ongoing humanitarian crisis, civil wars, armed conflicts as well as general challenges such as HIV/AIDs and ...

English

There are so many airports globally, that handle a large number of people than any mode of transport. Air transport has enabled the economic growth to most of these countries. They also operate at all times of the day yearly. There are several security measures in airports which have been there since long time ago. With the current revolution in technology all over the world, I personally agree that airport security should be increased. Comparing the rate of people traveling nowadays and a long time ago, the number has greatly increased as well as the number of airlines ("Global ...

Essay

Free trade agreements in the Americas are not new. There are a couple that have been around for a while namely the NAFTA between the United States, Canada and Mexico as well as the CAFTA that also includes the United States, Honduras, Nicaragua, Dominican Republic, Costa Rica and Guatemala. Of course, the FTAA, offering a free trade zone between the Americas would have spurred economic growth for both big and small countries alike. These were the reasons why governments were pushing for the FTAA to become a reality so that it would benefit one and all in the form ...

Introduction

Mexico is a country in North America, located to the south of the United States (Where Is Mexico n.p). Concerning the size, it is the sixth largest country in South and North Americas. It is a populous nation with about a hundred and twenty million people, and its nominal GDP ranks the country among the top fifteen countries with the highest GDPs. The country, therefore, is among the large economies of the world. This paper will evaluate the current status of Mexico.

Status of Mexico in the world marketplace

The economy of Mexico has grown to put the country high in the world marketplace. The country ...

Economic Growth

Economic growth is apparently defined as the process which stimulates and results to an increase in terms of the capacity regarding production of goods and the overall service. In essence, economic growth involves the comparison of the tremendous increase in terms of productivity over a given period of time. The key parameter used to determine the economic growth includes nominal terms, inflation in addition to real terms pertaining inflation (Lewis, 2013). Economic Growth has essential and parametric limitations in line with improving the overall living standards of people. In addition, the economic growth mainly depends on the channel of ...

Abstract

The paper reviews the two different types of government administration; capitalism and the socialism. The capitalism structure entails generation of wealth by private entities and people through investments. In this type of structure, wealth is owned by the individuals or organizations that generated the wealth. The socialism structure is almost similar to the capitalism structure. However, the significant difference is that in socialism structure, the government controls ownership of property. These two structures have differences and similarities. There are few similarities between the capitalism and socialism structures while there exists a large gap of differences between them. Socialism structure ...

Investment

Introduction Foreign direct investment (FDI) is the investment by an individual or a company from a different country and in which the particular investor has full control over the business. FDI has many benefits to the investor and the host country (Lyroudi, John, and Athanasios 97). FDI keeps changing from time to time. This paper will analyze the prediction on what FDI will be in 2020.

The overall benefits of FDI are overwhelming and assist in the economic growth of a country or the world. The prediction of future FDI, therefore, becomes important because it affects global economic growth ( ...

Energy has played an important role in building the world economy today. From enabling man to perform daily activities to enhancing the functioning of many industries, it is sensible to state that energy is of great importance to the world. Due to its importance, fossil fuels such as coal have thus been burnt down to create energy. However, different negative effects are associated with burning such fuels to the environment. For instance, global warming gasses are emitted thus, causing global warming as a result of carbon monoxide, which is emitted while burning coal. Despite their disparities, both developed and ...

Volatile Prices of Primary Goods Preventing Economic Development in LDCs

Background The primary goods refer to the products that are obtained directly from agricultural activities and are not subjected to the process of manufacturing. The most important primary products in an economy include those that are obtained from the sector, such as the fishing, agricultural, forestry, and mining industries. In terms of the least developed nations, which are mainly located in Africa, Asia, and the Latin America, the trade characteristics of their economies include the dependence on the developed, industrialized nations, and, significantly, the reliance on primary products. Accordingly, in international trade, the least developed nations’ exports are primary ...

Macroeconomic and Account Balances

India is seen to react rapidly to volatility in the global economic environment as concurred in the modifications of the macroeconomic policies when the North Atlantic financial crisis occurred (Kapur and Mohan, 2014, p.1). However, India’s policy changes is perceived by Kapur and Mohan (2014, p.1) to be temporarily stimulating to the local economy since the expected growth will gradually slowdown. But the additional effect is that inflationary and BoP pressures remain constant, which can either by improved or worsened by the domestic policy bottlenecks (Kapur and Mohan, 2014, p.1). This was seen during the financial market volatility ...

Introduction

On June 23, 2016, UK held a referendum in which 52% of the voters chose to leave the European Union (EU) against 48% who chose to stay (Taub, 2016). The Brexit presents a massive change. Without a doubt, the Brexit will strongly influence how project managers will run their projects. Hillary and Allen (2016) observe that all sectors and organization will have to review the risks and opportunities that will emanate from Brexit. Unfortunately, project managers, like everyone else, have limited information that would help them to assess the risks and opportunities associated with the Brexit. Notwithstanding the lack ...

(Tutor’s Name) (Assignment)

Summary Report 1

What factors contributed to the problem? Volcanic activity is a major contributing factor to the issue of climate change. The eruption of volcanoes leads to the release of large quantities of water vapor, ash, dust, carbon dioxide, and sulfur dioxide into the atmosphere. In the atmosphere, these sulfur dioxide molecules will react with water vapor leading to the formation of sulfuric acid, which is then spread all over the world through winds. The sulfuric acid formed in the atmosphere can significantly affect the amount of solar radiation entering the Earth’s surface and thereby the ...

American Public University

Poverty is defined as lack of access to the resources necessary for survival due to low level of income earnings in a household. The different countries have different thresholds for defining the poverty. UNDP accepts people who earn less than 1 dollar a day as the poverty threshold and the Millennium Goals of the United Nations aim at reducing the number of people earning less than 1 dollar a day (UNDP, 2017). Recently, sustainable economic development is discussed among the academicians and the professionals. Fast economic growth has been the main aim of many emerging economies in the last ...

US Foreign Policy and Latin America During the Cold War

The Alliance for progress was a multi billion dollar aid program that was devised by the Kennedy administration to foster economic relations with Latin America and also thwart the growth of communism in the region in the aftermath of the cold war. The Alliance for Progress was a result of the cold war between the USSR and the US, the Cuban revolution and the US fear that communism could take root in a region that was poor, unstable and economically underdeveloped. Latin America was largely colonized by the Europeans and the relation between the US and the continent was ...

Module Code

Background Business Situational Context Hilton London Bankside is one of the Hilton hotels and resorts that offer hospitality services in the UK. It is accessible from London Bridge and equipped with state of the art facilities to increase its competitive advantage. The resort operates in a highly competitive environment which consists of other Hilton hotels. Nevertheless, product differentiation helps the hotel to compete favorably and maintain high profits. The goal of Hilton London Bankside is combating the high demand for rooms and offering its clients a comfortable stay. It offers complimentary services including fitness facilities and team building opportunities. ...

Fig1: Environmental sustainability-Frepessco Global Services There is an ever increasing pressure on the residents to increase productivity and consumption to spur economic growth. This is often translated as a need to acquire that new dress, a pair of shoes, make ups, and other luxury products that we do not necessarily need. The human desire is to acquire the best quality at the lowest possible cost. On the other hand, there is pressure on the organizations to increase the production efficiency and reduce the carbon emission and other form of wastes. Thus, the need for increased production at a lower ...

Summary

The principal intention of the article is to find out the effect of state corporate income tax rate cuts on job creation. The author's conducted an experiment trying to establish whether decreasing the amounts of corporate tax helped to spur economic growth which in turn resulted in the creation of employment. The authors of the article analyzed jobs created in economies where the corporate tax was reduced and economies where the taxes remained the same. The main conclusion was that reducing the amount of corporate tax paid enabled firms to hire more workers, which in turn resulted in more ...

It is obvious that in the conditions of market relations economic factors have a greater influence on human life and its social environment. All people tend to be involved in terms of economic worries, always buy something, consume, produce, sell, and exchange production activities. Economic relations in a civilized society is always ruled by regulations. Among them, natural rights derived by man from his birth are the most important. For example: the right for freedom of employment and occupation, the right for personal liberty the rights granted to the individual by society: the right to own property, the right ...

Austerity Policy Measures in the UK

Introduction The process of putting into place strategic measures with an aim of reducing of deficit and increasing economic growth in the United Kingdom has taken a paradigm shift from various aspects. The government of UK has put deficit reduction measures, which entail a series of strategically sustained reductions in public expenditure, undertaken towards a reduction of the government budget deficit and the UK’s welfare state. The design of this research paper is structured towards assessing the rationale on which the UK’s austerity policy is based with regards to deficit reduction and stimulation of economic growth (Burns, ...

The Maritime experienced different economic transformations that involved up rises and downfalls. During the economic decline, the Acadian communities were disadvantaged to the Anglo-Protestant majority around them. The colonies such as British North America and Great Britain that would progress to be Canada in 1867 invested extensively on the Maritimes. This period of transition led to the advancement of the Maritimes in different sectors of the economy. It leads to the specialization of agriculture where regardless of the cheap agricultural land, they specified on monoculture like potato farming. However, the development of the economy was very slow. The situation ...

China: Success in the Market despite being a Centrally Planned Economy

Neo-classical economists have often quipped that market economies create the most conducive environment for economic growth and development; however, the rise of China as an economic giant over the last three decades despite being a centrally planned economy has cast doubt on the neo-classical argument, which makes it necessary to evaluate the unique factors that have led to China’s economic fortunes despite being a centrally planned economy.

Annotated Bibliography

Das, D (2011). China: Epitome of an Emerging Market. Journal of Emerging Knowledge on

Emerging Markets 3 (1): 57-78 Retrieved January 11, 2017 from

http://digitalcommons.kennesaw.edu/cgi/viewcontent.cgi?article=1039&context=jekem Das, a lecturer at the Solbridge International School, paints a vivid picture of China’s economic ...

Introduction

An organization is regarded as an entity that is made up of people with a collective objective and is connected to the external environment. Hence, a business organization is a group of people collaborating to achieve a commercial objective (Handy, 2005). Toyota Motor Corporation is a Japan based auto manufacturing company with its headquarters in Toyota, Aichi. The company was ranked as the 13th largest in the world in terms of their revenue. It was the largest automotive manufacturer in 2010 ahead of the Volkswagen group and the general motors in terms of their production. The Toyota motor company ...

(Tutor’s Name) (Assignment)

Introduction US has been the center of the global economy for the past several decades, and hence decisions taken by the U.S government can have significant impact on the rest of the world. In the same manner, the monetary policies formed by the Federal Reserve (FED) – the central bank of the United States –influence the economic policies of other countries worldwide. Therefore, central banks worldwide are closely monitoring the moves of the FED so as to make timely adjustments to their economic and monetary policies. The U.S economy was severely hit by the global financial ...

Introduction

Wal-Mart is the world largest retail company operating both in the US and the international markets through joint ventures and subsidiaries in other countries. Wal-Mart was established in 1962 by Sam Walton in Brentonville, Arkansas and was traded in the public market in 1972. The company took anticyclical measures in the 90s by considering the international expansion. The company has established itself in Mexico, China, Canada, and Argentina. The company has successfully been able to establish a vibrant market by attracting more consumers through its Every Day Low Price (EDLP) (Horngren, 2008). This is a consumer centric approach combined ...

Letter of memo transmittal

Re: Planning proposal Here is my planning proposal for cost estimation in Tatweer Buildings Company. It contains a budget which I request that you help me to fund. If you have any questions on it, I’ll be ready to respond.

List of illustrations

Page 5: images for the Tatweer buildings Company Page 9: table of schedule for the proposal Page 11: table containing the proposal’s budget estimates Abstract In this planning proposal, the variables that identify with the cost estimations in the Tatweer Buildings Company are initially considered. After which, the possible issues that results from these cost estimations, how ...

Environmental Sociology

Introduction The risk associated with significant projects like the construction if the Belo Monte Dam tends to be quite big. Risks tend to affect people in various aspects, for instance, there is a risk that affects people in the individual context and those that affect them in the general aspects (Mythen 2004, p. 11). However, the manner in which people deal with the possibility of an adverse outcome, especially in an investment like the big dam tends to differ depending on the magnitude of the risk. Though the risks related to the project can cause dangerous and catastrophic problems, ...

Discussion of Banyan Tree Green Homes Program

Banyan Tree Green Homes Program 3 Introduction 3 Concepts and Theories of Sustainability 3 Analysis of Banyan Tree Green Homes Program 5 Sustainability Motivations 6 Sustainable Business Practices 7 Benefits of Adopting Sustainable Business Practices 8 Challenges Facing Sustainable Business Practices 9 Recommendations 10 Conclusion 10

References 12

Banyan Tree Green Homes Program Introduction The hospitality industry is an important part of social, economic and environmental development given its role in leisure services and tourism throughout the world. Given the rapid changes observed in the industry, it is important to understand the potential threats that the various activities undertaken in hospitality ...

Security and economic development in Africa today are more effectively achieved through regional formations than through the African Union. Discuss.

Introduction

The majority of African countries still lag behind Western states in achievement of similar economic development and power in the international relations. With the beginning of the twentieth century, the African states continued to take actions aimed to improve is economic growth and security protection in comparison to these systems in other countries. In this regard, it should be noted that several African countries stand to the position that these strategic objectives in the advancement of economic group and ...

Before 1790, the American economy started to grow due to Alexander Hamilton’s activity. The most evident developments appeared within the domestic sector. His policy included funding of the internal, foreign, and state debts, as well as the foundation of the First Bank of the US. He also managed to establish a decent credit basis. However, during 1790-1860, such factors as alterations in transportation, communications, and agricultural production lead to tremendous growth in the whole US economy. Agriculturalists, land speculators, and merchants were considered as the main investors in transportation corporations. While merchants and speculators were investing money with ...

Event Legacy -Contemporary Issues in Event Management

Introduction The event industry has undergone a tremendous transformation where it has shifted from its traditional nature to being embraced by both professionals and entrepreneurs. The increase in mega international events, such as the FIFA world cup and the Olympics, has attracted different stakeholders, including event managers and other parties, to make such occasions a success. The growth of the industry has also been accompanied by an increase in the size and range of the audience. As a result, event managers are often faced with serious challenges, such as the need to leave a legacy and positively impact the ...

Introduction

High-tech entrepreneurship refers to a form of a business leadership characterized by technology-intensive business opportunities, high-potential for growth, managing rapid growth, and gathering useful resources such as cash and talent. Innovations influence high-tech business innovations that giving products and services exceptional values that stimulate high market demand. Moreover, world economies are known to compete under the concept of innovation in the global market (Zemlickeine 2011). The business world today has become diverse with every entrepreneur aiming at introducing a business idea or product capable of winning the competitive advantage in the dynamic business world.

The business idea

Coming up with a business ...

Significant increases in the national debt, with no relief or plans to deal with the problem, and its effect on the economy An increase in national budget, with no relief or plans to deal with the problem, will result in a deficit, or more spending with less national input. Repercussions for a budget deficit can mean more borrowings for the national government from the private sector, such as the selling of bonds or gilts to the private sector. The debate over the budget deficit has two opposing views. The first one is that the deficit is destructive to the ...

China's leading role on the world market is undeniable. Over the years, Chinese reforms transformed this country from a backward agrarian one into a leading industrial power, by industry of which the stability of many countries depends on. Another proof was the fact that since 2010, China has become the second largest economy in the world after the US, ahead of Japan, which had occupied this position for 42 years (Greenaway & Milner, 2010, p. 20). Today, China is the largest consumer, producer and exporter in the world. China encourages the discovery of new commercial and industrial enterprises, the implementation ...

Educational Institute

Research Objective The objective is to determine and examine the role of the stock market in economic development. This research would analyze data gathered and demonstrate the significance of stock markets in the development of economies. Insights would be gathered on what factors can support the notion that the stock market is an indicator of economic health and a guidepost for a better understanding of economies.

Literature Review

Kelly, 2010 The article is a direct expository address to the relation between the stock market and the economy. It focuses on the conceptual aspects rather than on the data and analysis and ...

Investing In Saudi Arabia Market

Investing in Saudi Arabia market Introduction The Saudi Arabia economy has for long been driven by the performance of the oil market. The entire economy has also been primarily managed by the government leaving little room for the private sector. The existence of many government bureaucracies has also in the past hindered the development of the private sector. The strict Islamic culture has also been a challenge for the operation of the business from the open economies. The period 2003 to 2013 marked one of the largest oil booms in the history of the country. The oil prices in ...

Oil Prices Fluctuating In the Middle East

Introduction Oil being a commodity is subject to high levels of fluctuations as opposed to the stable investments like bonds and stocks. In particular, Organization of Petroleum Exporting Countries (OPEC) plays a significant role in influencing the prices of oil across the globe. As a result, OPEC controls around 40 percent of the global supply of oil by setting the production levels that caters for the world demand and it can determine the prices of gas and oil by reducing or raising the levels of production. At a particular point in time, OPEC vowed to maintain the prices above $ ...

Rwanda is a developing nation in the Eastern Africa region that remains highly dependent on foreign aid from international bodies such as World Bank and the United Nations Development Program (UNDP). According to The World Bank (2016), foreign aid accounted for about 30% to 40% of the country’s budget in 2015. The role of foreign aid on Rwanda’s social, economic, and political development is one that is subject to debate among intellectuals. On one hand, it is argued that foreign aid is necessary to facilitate socio-economic development but on the other hand, it is argued that conditional ...

Institutionalization of Chinese politics since Deng Xiaoping:

The Chinese state and its relationship to the Chinese Communist Party (CCP) has been by far the most significant factor in determining the level of institutionalization of Chinese politics. Chinese politics was highly shaped during the revolutionary and Maoist periods by the power of the CCP. The CCP’s role in the revolution and its creation of a particular state form highly influenced the state form. The Chinese state under Mao was revolutionary inasmuch as it was primarily focused on class struggle as its primary role. This changed after Mao’s death and the rise of Deng Xiaoping and ...

The story of Microsoft started as a small company founded by two high school friends in 1972 and a relatively shorter period, these friends could manage to revolutionary innovations in the history of computer producers. Before them, the computers were using very confusing software for users. Microsoft Company has produced the computer operating system of Windows. The primary strategy Microsoft has followed is to create user-friendly applications and operating system. The software developed by Microsoft has made the use of computer very easy, and that helped the company increase its market share in the global market. Nowadays, Microsoft has ...

Question 1

Financial globalisation has occasioned a number of unprecedented effects on the world economy. Through the extensive flow of finances between economies, there has been a trend for businesses and individuals to invest their money where it fetches the best returns. Most notable of this is the tendency by the wealthy from the developed nations to invest in developing economies mostly in Africa to take advantage of certain conditions such as lenient taxation and favourable interest rates as well as affordable labour (Prasad, Eswar, et al. 201). The same can be said of the tendency by most companies to set ...

The two major political parties in the United States include the Democratic Party and the Republican Party. The parties originated from the opposition to the strong central government the Federalists established, and represent the interests and needs of the common free Americans. Each party views the role of the government differently. The parties differ on issues, including the tax policy, social issues, labor and trade, and crime and individual liberty. The Republican Party favors diminished government control and regulation, and embraces a laissez-faire approach to social welfare and economic growth. The Democratic Party focuses on a more aggressive posture ...

Introduction

Urban sprawl has turned out to be a controversial issue in recent times due to the rate at which green spaces are disappearing in most of the cities, especially in the United States. Nnaemeka-Okeke (2016) describes urban sprawl as the expansion of a community devoid of concern for the environmental impact. In other words, urban sprawl is the uncontrolled expansion of the metropolitan areas. This phenomenon primarily results in the extinction of green spaces and a variety of environmental consequences. Banai and DePriest (2014) maintain that urban sprawl is considered a cause of the climate change, with environmental effects ...

A personal budget can be described as an estimate of the anticipated costs, resources and revenues of an individual over a specified period. When used properly, it can be used to estimate the future financial needs and sufficiently cater for the current financial obligations of an individual. A personal budget is a critical contributor to a reasonable financial stability of an individual. When personal budgeting is taken into consideration, it helps an individual to escape any personal financial crisis by ensuring that they spend their income on essential expenses. When prepared objectively, an own budget shows the truth about ...

Deficit spending refers to the spending of funds more than the income. In government, deficit spending occurs when the government expenditure exceed the revenues collected over a specified fiscal period (Investopedia, 2016b). An important note on government deficit spending is that it begins at the budgeting stage where the government plans to spend more than it expects to get in revenues. The consequence of this is that the government has to borrow even with the achievement of the highest estimates in revenue collection. The government finances the deficit through two main ways. Traditionally, the major method of meeting the ...

Strategic Analysis Alacer Gold Corp and Gold and Mining Industry

Introduction Gold is a precious metal with high ductility and malleability, and it finds application as jewelry and investment. It is considered to be one of the safest bet for investment, especially during economic instabilities. Consequently, rapid political instabilities in the Middle East and financial crisis led to rapid increase in the price of gold worldwide. Technological innovation is also a major factor that affects the gold and mining industry. Therefore, the strategic analysis narrows on the gold industry, with a specific focus on Alacer Gold Corporation. It looks at the trends in the industry and how Alacer Gold ...

The energy transition law was the result of long debate related to the industry. The law was passed to provide more care of the environment by taking different issues related to the environment into consideration. The environmental issues were common in the European nations and the law was passed with the view of having some solutions. The law focuses on carbon emissions and reducing other types of problems related to the environment. The law has been passed after a long debate, but it still has some areas with weak ground that requires improvement in order to make it more ...