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The Effects of the Economy On Business Administration - The Effects of the Economy On Business Administration The career I choose to pursue is the career of Business Administration. This career consists of running a small or big business and being able to run it and be capable of making small or very important decisions. A business runs and depends on the people and how people spend their money. If people spend their money responsibly and they know how to administrate their money and will make the economy to be stable and be good. As we all know, the economy has been really bad for the past year and it has made millions of people loose their homes and their jobs....   [tags: Economy] 927 words
(2.6 pages)
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The Overall State of the Economy - The overall state of the economy M r. President. It is with due respect that I would like to express my gratitude for the invitation. Owing to the major issue at hand, we are aware that most countries are still grappling as a result of the after effects of the Economic crunch that has been taking place. The meltdown has mainly been triggered by our banking system liquidity crises which resulted to the collapse of large financial institutes in a short span of time. The housing market suffered tremendous losses; this lead to increased cases of eviction mostly experienced by the middle class (Miller, 2010)....   [tags: Economy]
:: 3 Works Cited
721 words
(2.1 pages)
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Judaism and the Economy - ... The hypothesis implies that because the market knows this will happen, you shouldn’t be able to profit from it, but seeing as the whole world knows when Rosh Hashanah and Yom Kippur will happen and there is still an abnormal return of one percent, the market is proven to be less efficient than previously perceived. This study, known as the “Jewish Holiday Effect,” was published in 2010 giving generous proof to any who doubt the Jewish impact on our economy. Consequently, the weekly observance of the Sabbath and the fulfillment of other Jewish obligations has had an obvious effect on the real estate market....   [tags: Religion, Economy]
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1214 words
(3.5 pages)
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The Downward Sprial of the United States Economy - ... If foreign oil was not imported, an immediate price rise would be in effect on the oil that is gathered and stored internally. Because it can take five to ten years to start up an oil processing plant, the oil reserves in the US would be depleted. The price for a gallon of gasoline would double, seriously affecting transportation: “Saudi Arabia has the largest [oil] reserve capacity followed by Iran, Iraq, Kuwait and the United Arab Emirates” (Lugar). If the US closed off borders to foreign imported oil, then not only would the American transportation system would disappear but thousands of American jobs would be lost....   [tags: Economy]
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905 words
(2.6 pages)
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Political Economy - ... One of the key changes in this relationship between governments and economies hasn’t risen from external events. One of the components of this relationship (government) has undergone significant change since 1979. When looking at the time period just before this, there had been various approaches to political economy which had begun and then collapsed. The Keynesian orthodoxy collapsed in the face of a persistent and unpredicted rate of inflation (Curwen 1997, p.11). There was also a ‘monetarist revolution’ (Curwen 1997, p.11) under the then serving Conservative government....   [tags: UK Economy, Politics] 2085 words
(6 pages)
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Lithuanian Economy - ... It was a temporary currency issued between 1991 and 1993 in order to replace the Soviet ruble. In the summer of 1992, everybody expected that the talonas would shortly be replaced by a permanent currency litas. At that time Lithuania was badly short of cash, some workers were paid in goods rather than money. In addition, the litas coins and banknotes were already produced and shipped to Lithuania from abroad. However, on May 1, 1992 it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation....   [tags: Economy, Low Cost Transactions] 2882 words
(8.2 pages)
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Issues Americans Cannot Understand: The Federal Reserve and the Economy - Over the last 3 years the United States has seen an incredible flux in the economy from an all time high, to the lowest position since the Great Depression. Many Americans have no idea why or how these cycles affect their everyday lives, most importantly, they do not understand how the government intervenes to control these issues. Most people cannot comprehend the complexity of the United States banking system, how the Federal Reserve (FED) controls interest rates, the way our currency works, inflation, credit, etc… This is just a small list from a plethora of topics, that American’s are under-educated, and these are issues that we all need to face at some point in our lives....   [tags: economy,] 1591 words
(4.5 pages)
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The Promising Future of China's Economy - The Promising Future of China's Economy If China's economy grows as fast for the next 20 years as it has for the past 14, it will be the biggest economy on earth: I feel that China's drastic improvements over the last 14 years are overwhelming, with their Real GNP growing at a rate of 9% a year, which means by, 1994, China's economy will match the performance of countries like Japan and Taiwan. China's standard of living has also increased, and the number of people who were considered absolutely poor decreased approximately 63%....   [tags: Economy] 969 words
(2.8 pages)
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Brazil’s Developing Economy - ... This continual growth in helping make Brazil a viable economic and political world power has come not just economically but from within its own borders as well. While the exporting has been the key to increasing the economy, part of what has been the fiscal success with Brazil is the ability to keep their imports lower than their exports, creating a trade surplus. While Brazil exported $153 billion in 2009, they also imported only $127 billion in commodities, while their exports have been mainly from their natural resources, the imports, such as machinery, oil, electrical and transportation equipment have been used to help develop the country (World Factbook)....   [tags: Brazil Economy]
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1945 words
(5.6 pages)
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The Current Economy is Based on Greed - The main reason that large corporations are in dire need of money is simple, greed. Financial institutions went out and found people who wanted to purchase a house, but couldn’t afford it, because of bad credit reports, debt, income, etc. So the banks went out on a limb with these risky people, and loaned them “x” amount for the house. Banks were only trying to make some money off of the outrageous interest rates of the mortgages, because that’s what banks do, they make money. Now banks and other lenders did this type of business on a large scale....   [tags: economy, Economics] 3808 words
(10.9 pages)
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Balancing Money and the Economy - The nature and necessity of money is one singular fact that responds to every thing in nature. It holds together the very essence of our beloved intricate nature, every local, regional or international issue of any significance could have been handled differently could there have been more or less of this money. The money factor has taken the centre stage of every heart beat of each and every agenda and it predetermines and dictates our very existence. Our relationships with most of what we seek identity with, whether object or human, is best defined by our relationship with this paper currency....   [tags: money, economy, ]
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1326 words
(3.8 pages)
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How Outsourcing Affects the Economy - Outsourcing is nothing new. It is a difficult issue to handle and tackle, supporters and detractors agree on one thing. That outsourcing will not be eliminated to a complete. That is why I wrote on what is outsourcing, how it affect the economy, and can it be stop. The word outsourcing can be defined in a numbers of ways depending on the type of service and the form of relationship with the supplier. Also referred to as contracting out or buying in. May be the delegation or handing over to a third party....   [tags: Global Economy, Economic, Globalization] 752 words
(2.1 pages)
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China's Transition Economy - China's transition from a planned economy to a market economy began at the end of 1978. When China started the process, the government did not have a well-designed ‘blueprint’, and so the approach to reform can be characterized as experimental. The process of reform has been gradual and incremental in nature and is still incomplete. In fact, China can’t be treated as a full market economy nor can it be treated as a centrally planned economy in which the Government substantially influences prices of goods or monopolises international trade....   [tags: China, Transition Economy, Economics, ] 1108 words
(3.2 pages)
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Free World Economy - ... This opening of the countries’ economies will lead more investment in the country as investors no longer have to fear the rapid changes in value that is associated with currencies in developing countries. In these countries multinational corporations can find lower production costs and help bring the economy into the world market (111). Countries that have opened there economies to the multinational corporations and outside investment have had their per-person GDP rise which they argue is a great thing (115)....   [tags: Economy, Currency, Dollar] 667 words
(1.9 pages)
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Mexican Economy - On December 20, 1994, in an attempt to make Mexican products more competitive, Mexican President, Ernesto Zedillo Ponce de Len, devalued the Mexican Peso. Unfortunately, attempts at keeping the Peso to only a fifteen percent devaluation failed. The Peso dropped almost forty percent (Roberts, 1). It went from 3.5 to almost 7.5 peso’s to the dollar before it stabilized. The devaluation not only sent shockwaves through the Mexican economy, but through the rest of the world. Why should the world now risk it’s money to save Mexico....   [tags: Mexico Economy Economics] 1603 words
(4.6 pages)
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Inflation and the Economy - Inflation and the Economy WHY UNDER MONETARY FREEDOM INFLATION COULD BE STOPPED WITHOUT BRINGING ABOUT UNEMPLOYMENT 1. Unemployment and inflation do coexist and inflation causes much unemployment which would cease with it. 2. Excessively inflated prices would fall to market prices and so promote sales and employment. 3. Less government spending would mean more private spending. 4. Prices and wages could be adjusted fast. If this is not done then this is not the effect of stopping inflation....   [tags: Inflation Economy Economics Essays]
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7770 words
(22.2 pages)
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UAE Economy - On the back of the surge in oil prices in the past few years and strong regional liquidity, the UAE economy continued to perform well with the economy recording high double digit nominal growth rates since 2003. In 2006, UAE’s gross domestic product (GDP) at nominal prices increased to AED599.2bn, recording a substantial increase of 23.4% over AED485.5bn recorded in 2005. Early estimates from Ministry of Economy (MOE) indicate that the nominal GDP increased by 16.5% to reach AED698.1bn in 2007. In terms of real GDP, early estimates from MOE indicate that the UAE economy grew by 7.4% in 2007 to reach AED420.2bn....   [tags: Economy Economics United Arab Emirates] 1717 words
(4.9 pages)
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Central Bank's Influence On The Market In The National Economy - Define the role of the Central Bank and its influence on the market in the national economy. “Monetary policy is the process of supplying nominal money, look after the availability of money and cost of interest rate, which is controlled by the government or central bank, can be rather an expansionary policy, or a contractionary policy.” The expansionary policy is adopted to increase the whole amount of supply of money in the economy, and a contractionary policy is used to decrease the whole amount of nominal money supply....   [tags: US Economy] 1009 words
(2.9 pages)
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Herman Cain's Plan to Reduce Legislation and Boost the Economy - ... Tax breaks would be awarded to the businesses that start-up in the zones. Adding more merit to the adage, “location, location, location.” Less than fifty percent of Americans actually pay income tax. How can the economy bounce back with only the small middle and upper classes taxed. The nine percent tax on new goods will be implemented to everyone. Insuring that everyone does his or her part in correcting America. Nine percent business and individual taxes will also be apart of the plan. Since everyone in America will pay the same percentage, the progress on balancing America’s budget will happen sooner and quicker....   [tags: Economy, Politics]
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1224 words
(3.5 pages)
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Interest Rates In The Economy - Interest Rates in the Economy It has been an experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate day-to-day financial decision-making (Greenspan). This quote is from Allan Greenspan, the Chairman of the Federal Reserve Board who was arguably the most powerful man in the world. Greenspan was also extremely financially intelligent....   [tags: Economics Economy] 1519 words
(4.3 pages)
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Internet Law And The Economy - Internet Law and the Economy Introduction This week's article review is taken from Ubiquity, an ACM IT Magazine and forum. The article is "The New Economy: Are Rules Irrelevant?" by Daniel W. Uhlfelder, Esq. In this article it is discussed how the new economy of the Internet move forward and enact laws that would be beneficial to all parties involved. This will be hard if not impossible because the Internet can cross boundaries where laws could not cross. The each country and each region uphold and maintain laws and regulations specific for their purposes....   [tags: Economics Economy] 1383 words
(4 pages)
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Uncertainity In Global Economy - Introduction A student received his offer letter for the admission into GMBA course, he was working in Australia, so did quick calculation and came up with an amount that he was required to transfer in USD (US dollars) for admission fees. After two months, when he went to the branch of National Australian Bank to transfer the money to Citibank Dubai, he was surprised to know that he need pay around 35% more than his initial estimate ,due to increase in USD to AUD(Australian Dollars) conversion rate....   [tags: Economics Economy] 1365 words
(3.9 pages)
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India's Economy and Infrastructure - India's Economy and Infrastructure OVERVIEW India is rich in natural resources and manpower and has made significant economic progress since attaining independence in 1947. India's economy encompasses traditional village farming, forestry, fishing, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services. Economy transformed from primarily agriculture, forestry, fishing, and textile manufacturing in 1947 to major heavy industry, transportation, and telecommunications industries by late 1970s....   [tags: India Economy] 1763 words
(5 pages)
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Irish History and Economy - The “New Ireland” emerged in the 1990s’ when the country experienced an economic-cultural boom in which it was transformed from one of Europe's poorer countries into one of its wealthiest. In the 1990s the socioeconomic prosperity that spread across the country found its origins in the evolution from a subsistence economy to a market economy. It was at the end of the 1950s when the Irish economy moved its first steps in condition of normal political stability and, new polices and plans were introduced and implemented to transform an Ireland that based her economy on rural and agriculture industries, to a country able to create high standard of living, consumer goods, and economic opportunities as well as the rest of Europe....   [tags: Ireland History Economy] 2397 words
(6.8 pages)
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Importance of the Service Industry to the Economy - Importance of the Service Industry to the Economy At the time when the economy was developing apace and the significant change on economic structure was progressing, the importance of service industry in economic system has been increasing steadily so to become one of principal drivers for most countries economy development, e.g. In the United States, 78% of the GDP is attributed by service industry[1]. Due to such kind of tendency, the interrelated studies of service bearing high research value were developed, which crown multiple subject areas....   [tags: Economics Economy Service Essays]
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2227 words
(6.4 pages)
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Households Drive Economy - 1) INTRODUCTION TO THEME (1) In this book Material Concerns, from which three Readings in the Introduction to Working with our Environment are taken, Tim Jackson argues that people living in households, through their demand for goods and services, are the main 'engine' that drives the industrial economy. In fact in most industrialized countries household expenditures on food, clothing, housing, transport, recreation, etc. accounts for about 60 per cent of total economic output (OECD, 1998 p. 77)....   [tags: Economy Energy Conservation] 1598 words
(4.6 pages)
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Boosting Chicago's Economy through the Chicago First Procurement Ordinance - ... (http://www.mayorsandcities.com) "If everything else is equal, it is in the best interests of Chicago taxpayers to award a contract to a local company that has chosen to run it business here, employ Chicagoans and contribute tax revenue to the city.” Said Emanuel (chicagotribune.com) In other words the new law will help business and taxpayers of the city. The reason behind the Mayor’s new ordinance is to increase economic development because it will give an advantage to local businesses. The regulation could give businesses incentives....   [tags: Economy, Government]
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822 words
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UK's Economy in Europe - UK's Economy in Europe When one talks about a strong economy, a few key economic indicators will get mentioned; inflation, unemployment and economic growth. These are considered the three main macroeconomic indicators of any economy. To define a strong economy in the simplest form you must have a low rate of inflation, low unemployment and steady economic growth. During this essay there will be comparisons between other European countries (e.g. France, Germany, Luxemburg, Belgium, Spain, Italy) and these economic indictors mentioned as well as others....   [tags: Economics Economy England United Essays]
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1756 words
(5 pages)
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The Bubble Economy of Japan - The Bubble Economy of Japan The Economy of Japan had experience a tremendous growth since the end of the Korean war. The growth of GNP in 1967 and 1968 was above 10 % (double digit growth period) which exceed countries such as Britain, France and Germany. The economy experienced a boost is due to many reasons, such as: enlargement of industrial facilities, massive adaptation of western technology and education, lower the military expense to 1% of GNP, relation with power nation, human resources and their spirit to achieve "zero defect program"....   [tags: Japanese Economy Economics Finances Essays]
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4809 words
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Cutting Wasteful Spending to Help the Economy Recover - I feel like Sam Brownback has exactly the same outlook on our “recovering” economy. I think it should start with what Sam calls “Fiscal Prudence.” This is accomplished by slashing wasteful and inefficient spending by the government. Examples of wasteful spending would be, how the federal government has spent $23 billion per year on special interest pork projects like grants to the Rock and Roll Hall of Fame, or funds to combat teenage “goth” culture in Blue Springs, Missouri, a very shocking and disturbing fact is Over one recent 18-month period, Air Force and Navy personnel used government-funded credit cards to charge at least $102,400 for admission to entertainment events, $48,250 for gambling, $69,300 for cruises, and $73,950 for exotic dance clubs and prostitutes....   [tags: wasteful spending, economy, business, military,]
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443 words
(1.3 pages)
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The Economy's Growing and the Standard of Living in the United States - During the 20th century economy has changed and international trade has been developped. It allowed to increase our standard of living. Therefore we need to understand why countries have opened their boarder and what the impact is. To do that we need to understantd what the trade bring to us in defining the comparative advantage. After that one important point is to understand which effect the technological change has on trade. Then the main point that it’s whether trade is benefical for everyone or leads to dangerous competitveness and why this behaviour can happen like protectionims and which are the consequences....   [tags: USA, Krugman, economy, standard of living,] 1481 words
(4.2 pages)
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Economy - Economics and Location There are several factors that influence the growth and distribution of a particular regions primary industries. These primary industries, are necessary for an economy to grow. Without a primary industry, which could also be called natural resources, secondary, tertiary and quaternary industries would struggle in a country (excluding Japan etc.). These factors also affect where people live. If you were at a warm place, near the coast, it is a lot more populated, than interior America....   [tags: essays research papers] 695 words
(2 pages)
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Economy - Believe it or not, but, your everyday life is effected by the economy. I’m sure each person goes to the mall, and to the shoe store. Well, let’s say you just heard about these awesome sneakers, and almost everyone you know wants a pair. You go into the shoe store to find them, and they are all sold out. You have just been affected by the SUPPLY of a product. The more people want something, they higher the price will be. Then, you figure you will wait for a while, until the price of those sneakers goes down, but, they are THE most popular sneakers ever made....   [tags: essays research papers] 817 words
(2.3 pages)
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The Economy - The Economy Economic Factors: Interest Rates: An interest rate is the rate of increase over time of a bank deposit Inflation: Inflation is persistent increase in the level of consumer prices or persistent decline in the purchasing power of money. Exchange Rates: The exchange rate is the price of one currency when traded with another. For Example, £1 will approximately buy the following at a given point in time: 1.50 Euros 2.70 Australian Dollars 1.60 US Dollars Impact of changes on WFP: Rising interest rates: Rising Interest Rates will work to the disadvantage of West Ferry Printers....   [tags: Economics] 753 words
(2.2 pages)
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Economy - Unions Why Unions. "Unions are groups of working people who join to talk to employers about wages and conditions of work instead of workers talking to employers on an individual basis."1 Because they speak for everybody, unions can get a better deal for each worker than one employee could by negotiating with the employer. As seen in the short movie "WHY UNIONS?", non-unionized workers talks about the unfair treatment they experience in the work place. Through collective action, workers formed unions so they could have a voice in deciding wages, hours, working conditions and dealing with the many problems arises in the workplace....   [tags: Unions Labor Work Papers]
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2498 words
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Solutions for Positive Change in the Economy of Nigeria - Solutions for Positive Change in the Economy of Nigeria Eriteria and China: A Sample Case Study In February, 2005, a high-level Eritrean delegation headed by President Isaias Afwerki, visited the People’s Republic of China. The Eritrean delegation headed to China to strengthen economic relations with the leaders of the budding superpower and to gather direct information on many of China’s successful economic policy decisions. The Eritrean delegation visited and met with managers of large plants in Shenzhen, China....   [tags: Economy Economics Nigeria Africa Essays]
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Monetary Policy Constraints in an Small Open and Dollarized Economy - Monetary Policy Constraints in a Small Open and Dollarized Economy Central Banks around the world use monetary and exchange rate policies to affect interest rates aggregate output and internal credit in the short run.[1] Nonetheless, in small open economies these tools have limited efficiency, since global markets determine interest rates. Many small economies use fixed exchange rate policies to control inflation or promote stabilization. This policy puts constraints on the use of monetary tools that increase aggregate output because money supply change is subject to a determined exchange rate....   [tags: Economics Economy Essays]
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1461 words
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Managerial Economy - 1. Table 1.1: John marginal sales per day in all three states Total Sales ($) Marginal Sales ($) Days Victoria NSW Queensland Victoria NSW Queensland 0 4,000 3,000 1,900 - - - 1 10,000 7,000 5,200 6,000 4,000 3,300 2 15,000 10,600 7,400 5,000 3,600 2,200 3 19,000 13,800 8,600 4,000 3,200 1,200 4 22,000 16,600 9,200 3,000 2,800 600 5 24,000 19,000 9,600 2,000 2,400 400 6 25,000 21,000 9,800 1,000 2,000 200 Table 1.2: John Total Sales and Marginal Sales in Victoria Days Total Sales ($) Marginal Sales ($) 0 4,000 - 1 10,000 6,000 2 15,000 5,000 3 19,000 4,000 4 22,000 3,000 5 24,000 2,000 6 25,000 1,000 Figure 1.1: Total Sales and Marginal Sales in Victoria....   [tags: Managerial Economy] 2370 words
(6.8 pages)
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Controlling The Economy With Interest Rates Does It Accomplish The Task On The Consumer Side? - Interest rates have and will always be used by the Federal Government as an instrument to tighten or expand the U.S. economy. Interest rates, adjusted for inflation, rise and fall to balance the amount saved with the amount borrowed, which affects the allocation of scarce resources between present and future uses1. The Federal Government uses both fiscal and monetary policies to adjust the spending levels within the economy. Fiscal policy refers to the government increasing and/or decreasing taxes or spending to control economic growth while monetary policy is the use of interest rate fluctuations to achieve this same goal....   [tags: Economy Economics ] 1286 words
(3.7 pages)
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Mexico economy - ... ) In the Human Development indicators, Mexico is part of the group of high development. Mexico is above others Latin American countries. Mexico’s HDI value is of .854 taking the country to the 53 place. GDP per capita PPP. Mexico’s GDP per capita PPP ($ current US) in 2008, was of 14,570. The overall GDP per capita PPP (current US $) in Latin America is of 10575, which is slightly lower than Mexico. Mexico’s economy seems to be a prominent country when we compared to other Latin America countries....   [tags: ] 2405 words
(6.9 pages)
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The Global Economy - ... In other words, the allocation of benefits and burdens of economic activity – things such as physical goods, income, monetary aid etc. (Spagnoli, 2010). Ideally, this reallocation should benefit the poverty stricken, but not harm the wealthy. Poverty is quite obviously involved within Distributive Justice’s umbrella. The poor aren’t getting enough of the world’s resources, hence why they are in poverty. There is currently a global issue regarding distributive justice even when the problem of environmental sustainability is at the forefront....   [tags: Economics]
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2060 words
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Economy and Colonialism - ... McCann was willing to spend two million dollars to research their lifestyles in order to know how to convince them to buy more, which would satisfy the consumer, but ultimately benefit companies (Regalado, 2007). Nowak & Laird (2010) gave some examples of how people converted from band and tribes were commercially persuaded to purchase items that were not suitable or affordable for them. Some people from the Btsisi’ community rented televisions that ran off batteries because they lacked electricity....   [tags: Economics]
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887 words
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Indian Economy - The Indian economy is an interesting thing on one side we see Middle aged men in Imported Cars , Tall buildings with luxury apartments , five star hotels and clubs full of people spending thousands and posh luxury office’s It feels like money just spills out of the pockets of the rich to make this capitalist utopia of the few . We also see slums , factories with horrible workings conditions , Beggars and rag pickers on the roads living on less than the bare minimum needed to survive .When I was 12 years old I saw a women feeding her child of a trash can and in my hand was a burger from a fancy American fast food joint ....   [tags: India] 1177 words
(3.4 pages)
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Terrorism and the Economy - ... The resisting poor may even resort to radical behavior to remove the current powers. The current situation in Syria is a great example of the resisting poor. Lastly, the surviving poor who resort to engaging in illicit criminal activities in order to supplement their lifestyle. Things like prostitution, theft, kidnapping for ransom, narco-trafficking, and illegal immigrant smuggling (Paniagua 2006, 1-2). Paniagua suggests that Al Qaeda would be looking to recruit the surviving poor, because of the similarities of criminal activities of Latin America and Al Qaeda’s financial sources (2006, 3)....   [tags: Terrorism]
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1472 words
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The French Economy - ... There has been a growing influence of American culture with France as seen through the rising trend of obesity in France which owes itself to the widespread popularization of fast food restaurants in French cities. In a more positive light, France shares a similar passion for human rights with America as France is recognized as one of the freest countries in the world. England Economic Conditions- the UK has one of the largest economies in the entire world with an economic system based around free enterprise and a highly developed social welfare system....   [tags: Economics ]
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The Greek Economy - ... However, just because it was a fact of everyday life does not mean the economy was dependant on it. Those who look to Aristotle and Plato for guidance in the conduct of democracy will be extremely surprised. Plato’s ideal republic was founded and rooted in slavery. It is somewhat startling to realize that Plato’s laws with regards to slavery were harsher than those of Attica, for instance, where he provides that a slave who has killed his master in self-defense against a murderous attack shall be put to death (Plato Laws, 9, 869 A, B, D)....   [tags: Greek History, Persian War, Marathon Men] 2981 words
(8.5 pages)
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The Immigration's Economy - The Immigration’s Economy How many of the legals in the United States have noticed the large number of illegal immigrants in the country increase drastically. Over the last couple years the United States has seen a decline in the economy, which in part has been due to the illegal immigration, mainly coming from the Latin American countries. The characteristic of an immigrant, the amount of money on healthcare and medical care being spent, and the employment status of illegal immigrants have been the main focus by the government....   [tags: Immigration]
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837 words
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Communist Economy - ... We call communism the real movement that abolishes the present state of things [emphasis in original]” (Holmes 2009). The workers in a communist government are not trapped in a single job as they have the freedom to change jobs whenever they want to. According to Karl Marx, “Society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticize after dinner, just as I have a mind, without ever becoming a hunter, fisherman, shepherd or critic” (Fandel 2008)....   [tags: Economics]
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1052 words
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The Economy of Greece - ... When countries consume more than they produce, the extra has to come from somewhere else. They were able to import more than they were exporting by borrowing money from other countries. This is what caused Greece to go more in debt to foreign countries. Many believe Greece will never be able to repay its debt. Instead, they feel that they will need to either restructure or go into default. Are they indeed too far gone at this point. If not, how could they possibly pay back such a large debt with the high interest payments....   [tags: Economics]
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2275 words
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The European Economy - Introduction The Europe economy is performing not as well as it should but still Europe is important trading and marketing region in the world. It has 20 per cent of the total trade in goods and 25 per cent of the total trade in services. The Europe is also the largest source of inward and outward FDI. Member states of European Union have some commons and differences. All member states have accepted a common legal framework, the economic structure is broadly similar, agriculture has declined = 2 % of GDP, industry has also declined = 20 % of GDP, services dominate = financial, business services, tourism, public services, all Member States have mixed economies with (some degree of) social protection and private owned companies trading globally....   [tags: Economics] 1416 words
(4 pages)
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Economy Model - \section{Model}\label{sec:model} I model an economy with two assets, one risky asset (the firm) and one riskless asset, which is assumed to be in excess supply and to provide a gross return equal to 1. The firm is set up by a group of \emph{entrepreneurs} that hire a \emph{manager} to run the firm; these entrepreneurs also design the manager's compensation package, $\CP$. The final value of the firm, $v$, is function of the amount invested, $k$, and the profitability per unit of investment, $\p$....   [tags: Economics] 1416 words
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World Economy - ... This showed smaller variation for Japan illustrating that confidence indicators influence on GDP movements are country dependent making it unwise to assume uniform relationship strength across countries. Golinelli & Parigi (2004) investigated this matter by analysing the consumer confidence relationship in eight country’s from 1970-2002. They modelled the CCI-GDP relationship using a co-integrated vector auto regression using a common set of macroeconomic variables that were country specific to control for correlation being driven by other variables; therefore avoiding the limits of the single equation approach found in previous literature....   [tags: Consumer Confidence] 700 words
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The New Economy - ... Women hold 40% of jobs but they receive 50% of low wages. If the mainland women perceive almost 60% of low pay, they are proportionately more likely to be employed. The low pay of women is primarily related to their employment conditions as they more often work part-time (32%) than men (15%) (Montana, 2008). The duration of employment is not, by cons, a discriminating factor; men and women worked an average of as many days in the year. While workers have made considerable progress in terms of access to equal opportunities and outcomes between them, large differences in the labor market organized by gender remains clearly intact....   [tags: Economics]
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Japanese Economy - Japanese Economy The Japanese economy is the second largest in the world, behind only the American economy. As such, its decade long downward slide has many lessons the American economy can learn from. The difference between the economies is one of degree, not type. Our own economy has been faltering of late, bringing fear of recession. The Japanese have been on that road for over ten years, and of late have been making aggressive moves towards a restructuring. This paper will look at the types of reforms planned in the Japanese economy, and more importantly if these reforms will be enough to pull a modern economy from the doldrums....   [tags: essays papers]
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1309 words
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War Economy - War Economy The 20-year old Afghan conflict has created an open war economy, affecting Afghanistan and surrounding areas. Not only has Afghanistan become the world’s largest opium producer and a center for arms dealing, but it supports a multi-billion dollar trade in goods smuggled from Dubai to Pakistan. This criminalized economy funds both the Taliban and their adversaries. It has transformed social relations and weakened states and legal economies throughout the region. Sustainable peace will require not just an end to fighting and a political agreement but a regional economic transformation that provides alternative forms of livelihood and promotes accountability....   [tags: essays papers]
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1939 words
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An American Economy - An American Economy Globalization is a very pressing issue in the American culture today. Within any economy, globalization will cause many problems while at the same time solving many others. This is true because there are many factors involved with globalization, one of the most important being job outsourcing. While at first glance and from what the media reports, job outsourcing is definitely not healthy for the economy. However on upon closer inspection, the reverse may be true. Job outsourcing, though initially stressing on the workforce, is helpful in creating a strong economy....   [tags: Economics Outsourcing Essays]
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921 words
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U.S. Economy - The United States economy is currently not looking very good. Over the past couple of months the economy has taken a turn for the worst and we could be headed into a recession in the coming months or years. The biggest problems are in the real estate and mortgage markets. In 1999, housing prices rose at huge rates and lenders began offering riskier mortgages, which caused homeowners to keep piling up huge debts. People were taking out loans and balloon mortgage payments that they really could not afford....   [tags: Economics] 966 words
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Political Economy - Political Economy      Our society is strongly influenced by all sources of media. The media shows us what is going on in the world news, fashion and much more. The media is our connection to the world and what goes on all around us. The political economy approach looks at the influence that ownership control, advertising and audience spending has over the mass media and the mediated messages we receive on a daily basis.       Political economy believes that everything about media products is created through structural features (ownership, advertising and audience spending)....   [tags: Mass Media News Mediated Messages] 795 words
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The Japanese Economy - The Japanese Economy The prewar economy of Japan was a Socialist economy and the country was ruled by an emperor up to WW2 and after WW2 it started to lean towards a mixed market economy until what it is today although its government is Socialist it is leaning towards a mixed market economy. The Japanese economy is a mixed economy that leans towards market, it is like this because almost all business are run by private corporations or people and that is the market in the economy. And the reason that they are thriving and are so competitive is because of the trade tariffs and quotas that the government has in place....   [tags: essays research papers fc]
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Economy of Brazil - Economy of Brazil Defining Economy I am researching the economy of Brazil. The definition of economy: The Management of the income, expenditures, etc of a household, business, community, or government. Careful management of wealth, resources, etc; avoidance of waste by careful planning use; thrift or thrifty use. (1) The system or range of economic activity in a country, region, or community. (2) Characteristics of Brazil The country of Brazil official name is Federative Republic of Brazil, the term for citizens is Brazilian, and its capital is Brasilia....   [tags: Papers] 1157 words
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The New Economy - THE NEW ECONOMY It works in America. Will it go global. It seems almost too good to be true. With the information technology sector leading the way, the U.S. has enjoyed almost 4% growth since 1994. Unemployment has fallen from 6% to about 4%, and inflation just keeps getting lower and lower. Leaving out food and energy, consumer inflation in 1999 was only 1.9%, the smallest increase in 34 years. This spectacular boom was not built on smoke and mirrors. Rather, it reflects a willingness to undertake massive risky investments in innovative information technology, combined with a decade of retooling U.S....   [tags: essays research papers] 2437 words
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Turkish Economy - Turkish Economy - Structure and Grwoth At the time of the collapse of the Ottoman Empire during World War I, the Turkish economy was underdeveloped: agriculture depended on outmoded techniques and poor-quality livestock, and the few factories producing basic products such as sugar and flour were under foreign control. Between 1923 and 1985, the economy grew at an average annual rate of 6 percent. In large part as a result of government policies, a backward economy developed into a complex economic system producing a wide range of agricultural, industrial, and service products for both domestic and export markets....   [tags: essays research papers] 2480 words
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A Capitalist Economy vs Socialist Economy - A Capitalist Economy vs Socialist Economy There are a variety of economic systems today, which can influence how prosperous we will be as individuals or as a group. Socialism is an economic system where the government will be greatly involved in the economy. In a socialist economy the government can control many industries, provide public institutions such as health care and education, and equalize incomes of the population. A socialist economy is one of low unemployment and stability, where the government sets production quotas and price regulation upon their perception of the needs of the economy....   [tags: Capitalist Economic Systems] 851 words
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The U.S. Economy - The U.S. Economy The US economy as a whole has experienced growth since the previous year and those before it. Full employment is closer than it has been in 29 years causing benefits and wages for the labor force to increase dramactically. This surge in wages and benefits is the largest amount since 1991, which is good news for workers but a new worry for Wall Street. This increase could lead to rising inflation and higher interest rates. The Employment Cost Index rose 1.1 percent from April to June and was the biggest quarterly change since the second quarter of 1991 when compensation increased 1.2 percent....   [tags: Papers] 382 words
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The Automobile and the Economy - The Automobile and the Economy The effects the automobile has had on the economy of the world are tremendous. The major effects have came in many ways and include sales of the automobile, jobs provided to sell and manufacture the automobile, gas/oil sales to run the automobile, and the start of auto racing sport. The revolution of the automobile was the start of the most popular and successful industry in the world. The Effect of Gas/Oil There is a great effect on the economy due to the sale of gas....   [tags: Essays Papers]
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1024 words
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The American Economy - The American Economy The American economy is a vibrant, free-market system that is constantly developing out of the choices and decisions made by millions of citizens who play multiple, often overlapping roles as consumers, producers, investors and voters. The changes in the organization and performances of the manufacturing industry over the last century have helped shape the American economy. The Automotive industry perhaps made the biggest changes to their manufacturing processes. I will be reviewing the role of the industrialist Henry Ford and his innovative methods that changed the organization and performance of the American manufacturing industry forever....   [tags: Economics Governmental Automobiles Essays] 1368 words
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The Greek Economy - The Greek Economy Agriculture The Greek economy depends a lot on agriculture. One quarter of the Greek workforce is engaged in farming, and agriculture constitutes about 15% of the domestic production. Not much attention has been drawn on the agricultural sector of the economy. The farms are pretty small, the division of inheriting land has reduced the average size to 3,4 hectares (8 acres) and it is really difficult to use mechanised equipment efficiently. Yields are also low due to the dryness and erosion of the soil....   [tags: essays research papers fc]
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561 words
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Hamilton And The Economy - Your name Your teacher Date Hamilton and the Economy Since the birth of the country, there have been many influences on its development. The economy in particular has been an area of great importance. Many people have been factors in the growth of the United States’ economy. Perhaps the earliest and most influential of these was Alexander Hamilton. As shown in his effective policies, such as assumption of Revolutionary War debts, practical taxation, formation of the National Bank, and views on manufacturing, Hamilton was a dominant force from the beginning....   [tags: essays research papers] 1445 words
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U.K. Economy - U.K. Economy The UK government currently has four main macroeconomic aims that it is pursuing. These aims are those of low unemployment, low inflation, and high and stable economic growth as well as a favourable balance of payments current account position. This essay will concentrate on the government’s success in the first three of its aims listed above and how these macroeconomic aims can or have been achieved using fiscal and monetary policy. Fiscal policy is used to affect aggregate demand by altering taxation and government spending; monetary policy also affects aggregate demand by the manipulation of interest rates and the supply of money....   [tags: Economics Fiscal Policy Essays]
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1550 words
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Australia's Economy - Australia's Economy Australia became a commonwealth of the British Empire in 1901. It was able to take advantage of its natural resources to rapidly develop its agricultural and manufacturing industries and to make a major contribution to the British effort in World Wars I and II. Now, Australia has a prosperous Western-style capitalist economy, with a per capita GDP at the level of the four dominant West European economies. Rich in natural resources, Australia is a major exporter of agricultural products, minerals, metals, and fossil fuels....   [tags: Papers] 982 words
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The Economy of Romania - The Economy of Romania Before World War II, the Romanian economy was primarily agricultural. In 1948 the Communist government came to power and took control of nearly all aspects of the economy. Through a series of five-year plans, the Communists transformed Romania into an industrial nation. The economy grew considerably during the first part of the Communist period, but by the 1980s it had slid into decline, and shortages of consumer goods and degradation of the environment had become widespread....   [tags: Papers] 1473 words
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The Economy of Israel - The Economy of Israel What the parties will gain: the economic aspect of the agreement. The second redeployment agreement can serve as a springboard for both the Israeli and Palestinian economies, separately and together. The greater beneficiaries, politically, economically and propaganda-wise, are the Palestinians. The agreement removes restrictions and solves hardships that have prevented growth and development in the Palestinian Authority. The influence of the Israeli economy has been lessened and will be expressed mainly in the change of atmosphere....   [tags: Israeli Palestinian Economies Economics Essays] 5112 words
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The British Economy - Explain and illustrate the effect of this shock, and the courses of action the Government and the Bank of England are, in your opinion, likely to take as a consequence. Discuss the implications for business of both the initial shock and the following Government and Bank actions. You should assume that the Government of the day has committed itself to full employment, “prudent” public spending, and no major tax increases. The Bank has an inflation target of 2.5% pa. A long run equilibrium is one in which the aggregate markets – financial, product and resource, are in equilibrium simultaneously This is made possible by flexible wages and prices and is represented by the intersection of the AD (aggregate demand) curve and the LRAS (long-run aggregate supply) curve....   [tags: essays research papers] 1721 words
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Turkey Economy - Turkey’s economy has weathered some spectacular pratfalls in the past, with a major economic crisis in 2001 almost bringing the country to its knees. What’s different in 2004 from the previous "recoveries" is how committed Turkey is to establishing firm economic footing once and for all. The government is swallowing the International Monetary Fund’s painful economic medicine, making tough choices for fiscal discipline. Turkey’s financial wunderkind, the 37-year old Minister of State for Treasury Ali Babacan credits a strong, popular and unified government with having both the clout in Ankara and the backing of the people to administer badly-needed shock therapy....   [tags: essays research papers] 1002 words
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London's Economy - King (1990, page x) argues that the dissolution of empire has been critical to the growth of world cities. How far does this apply to London. Modern patterns of development and growth have been shaped and influenced by the historical context of colonialism. Within this context relationships between capitalist and pre-capitalist states or colonies helped forge a world economy, which would later lead to processes of globalisation and the current economic world order. Expansion in the world economy has been exacerbated by the freer flow of labour, goods, services and capital, which are features of the post-war, post-colonial world....   [tags: Economics]
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The French Economy - The French Economy (graphics not included) Macroeconomics from any country will be complicated and France is no exception. There are various factors which will give the analyst an Idea as to how healthy a countries economy is. The first, and arguably the most important, factor is GDP. GDP, also known as gross domestic product, refers to the total output of a country at any one time. Below is a time series of the GDP of France from 1970 until 2008. As you can see the French GDP seems to never be in the same place twice or, at least, has not held a steady course in the last 38 years....   [tags: France Economics Business] 1499 words
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Business in the Economy - Business in the Economy The term primary industry means, getting something directly from the earth or using the natural resources for business. E.g. farming or mining etc. The term secondary industry means using raw materials to make products for business, example of secondary industry; turning dairy into milk to produce cheese. The term tertiary or service industry means providing jobs and services for other people, like banking, window cleaning etc. The large coal mining and steel making industries in south Wales have now almost disappeared and new jobs and business have taken over it....   [tags: Papers] 434 words
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Singapore's Economy - Singapore’s recent economic history Singapore is well located for international industry and trading. The development of the Singapore economy depends heavily on foreign capital, foreign technology and foreign workers. Foreign companies are attracted by an interesting tax system. The foreign investors profit from the fact that they pay lower tax rates than local residents. The Singaporean government has a big influence on the social and economic development. The authorities organized for example trainings for Singaporean workers in order to obtain trained, highly motivated residents....   [tags: Singapore Business Economics] 1093 words
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economy of power - 15 The economy of power ‘I would like to suggest another way to go further towards a new economy of power relations, a way which is more empirical, more directly related to our present situation, and which implies more relations between theory and practice. Michel Foucault, 1982 Beyond the repressive hypothesis: Power as power/knowledge Foucault never attempts any (impossible) definition of power. At best, he gives a definition of power relations in an essay published in 1982: ‘The exercise of power is not simply a relationship between partners, individual or collective; it is a way in which certain actions modify others....   [tags: essays research papers] 1822 words
(5.2 pages)
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The Phillippines' Economy - The Phillippines' Economy Over the past few years, the Philippines' economy has undergone a remarkable transformation. In the late 80's and early 90's the Philippines were stuck with poor political leadership, economic growth, and slow paced economic development. Today it is recognized globally that the Filipino economy has turned around to produce a positive growth. One of their biggest accomplishments has been the GNP growth rate rise from zero in the early nineties to between 5% and 6% today....   [tags: Papers] 1218 words
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