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Your search returned over 400 essays for "Economy"
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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 - Judaism and the Economy While the Jewish population is small, its impact on the economy is extensive. For a group of people making up less than two percent of the United States populace, Jews are certainly a topic of much conversation and controversy. For a race so often targeted negatively and used as a scapegoat, it is surprising to realize the Jewish hand in America today. A question circulating for a while is whether or not Jews control America; Jews rule the film industry, the news and communication business is a Jewish kingdom, the American financial industry is essentially a Jewish franchise, and the professions are so dominated by Jews its shocking, so where does their influence run out....   [tags: Religion, Economy]
:: 5 Works Cited
1214 words
(3.5 pages)
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The Downward Sprial of the United States Economy - The Downward Spiral of the United States Economy In the world to date, there seems to be an increase of world governments needing bailouts, and people of the world needing assistance from the United States. This idea has caused many Americans to come to the conclusion that if the United States closed off borders to foreign trade, it would increase it’s standard of living and make America more profitable. However, this idea is false. The United States must not close off it’s borders to foreign trade because if trade borders were to close, American manufacturing plants would begin to shut down, the American transportation system and public services would suffer resulting in American job loss....   [tags: Economy]
:: 4 Works Cited
905 words
(2.6 pages)
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Global Economy - ... While this may seem to affect the global economy negatively, there are many positive impacts of China’s labor shortage, there would be increased output in commodity exporters, and regional economics, advanced economies such as the United States would benefit from China’s shortages. The United States would find that the increase in cost of foreign manufacturing is less profitable and thus raising their domestic employment. While many countries will benefit from China’s labor shortages, China itself will face rising prices towards their own domestic goods, and trade partners who rely heavily on China’s imports will face higher prices....   [tags: Impacts, Labor Force, Economy]
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1369 words
(3.9 pages)
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Political Economy - The UK economy has undergone structural, financial, and political change over the last thirty years. Different ideologies and policies have served to shape the relationship between government and economy in varying directions. Some elements, such as state intervention, have remained as a point of debate. Other factors, like globalization, have just recently developed. The policy of UK governments as a whole has been shaped quite heavily by major economic events during this period, and the legacy left by the Conservative and Labour governments can still be seen today....   [tags: UK Economy, Politics] 2085 words
(6 pages)
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Paraguay Economy - ... Paraguay is forced to rely on river access to the Atlantic Ocean through Argentina and Brazil (Woolsey 110). This opens up their profits, goods, and essentially the profitability of their economy to the management by the Argentinean or Brazilian government. The intricacies of “cross-border migration” are inherently more difficult than managing trade through an ocean port based out of the home nation. Managing the relationship with a country, that is necessary for the prospect of trade, is difficult and susceptible to developments that can lead to conflicts and hinder the productivity of the economy....   [tags: South America, Poverty, Economy]
:: 10 Works Cited
2080 words
(5.9 pages)
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Lithuanian Economy - Introduction In my research project I will be talking about the history of Lithuanian economy and how it had changed since the country became independent and took a place as a member of a European Union. In my work you will be able to see different points of view of being a citizen of the EU and the problems the countries are facing to get this membership. Lithuania’s membership in the European Union would be impossible without the public assent and support. This support was made most explicit during the referendum on the membership in the European Union on 10-11 May 2003, when 91.07% of those participating (the turnout was 63.37%) approved of Lithuania’s accession to the EU....   [tags: Economy, Low Cost Transactions] 2882 words
(8.2 pages)
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The Starving Economy - ... This gradually increases the wealth of the richest people and forces more people into the lowest class. The banks want to continue making money, which results in a higher debt. If the loan that the bank hands out is not able to be paid back by the customer the bank will place an even higher interest rate so they will not lose money of the deal. If the economy can not keep up with the debt then the people will suffer. If debt is what the money system needs then there will never be a time where people are not chasing after it....   [tags: Banks, Money, Economy]
:: 4 Works Cited
861 words
(2.5 pages)
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Bubbling Economy - ... By AD increasing there would be an increase in jobs, spending would be compounded, aggregate supply would rise, but inflation would also increase. It seems like a way to stop the bleeding but wouldn't heal the wound completely. Long term the best solution would be to increase effective schooling with an emphasis on global knowledge and added social programs that promote self help through local communities. Also a program that promotes small businesses which have strong potential for success....   [tags: US Economy, Inflation] 1301 words
(3.7 pages)
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Obama and the Economy - ... With brevity, the author outlines major aspects of President Obama’s budget. He explicitly recognizes the cuts to federal deficit, and funding cuts to several social programs. Instead of initially objecting to these cuts himself, Reich begins to reveal the likely refutes of the Republicans. By abstaining from the insertion of his own opinion of the budget, it is much easier for Reich to formulate his main argument towards the second half of the paper. Prior to transitioning into the next points of his claim, the author takes his first official position on the situation by expressing, “It’s the wrong debate about the wrong thing at the wrong time.” (Reich 2) This assertion is in reference to a likely Republican debate over the necessity for more cuts to social programs....   [tags: Obama, American Economy]
:: 1 Works Cited
1063 words
(3 pages)
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Bubbling Economy - ... Having tax incentives for investing in the US economy would also help reduce our debt. Overall the current rate of spending can't go on like it has. A combination of things need to be accomplished for both short and long term. All public programs need to be addressed which at the moment it seems only the programs that have a hard time putting up a fight are getting hit with lowered funding such as school. Taking a few percent from each program where the lesser needed ones get hit progressively higher would be a great path to go down....   [tags: Barry Wood, Economy, United States] 971 words
(2.8 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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Brazil’s Developing Economy - In the current economic times the development and growth of any economy has come to a near stop or at least to a drastic slow down. The face of the global economic environment has changed and many new countries are starting to change the way their country and the rest of the world does business. One such nation is Brazil, who has turned around their own economic troubles and is becoming one of the fastest growing economies in the world (World Factbook). Brazil has started developing its economy and using the opportunity to achieve a level of respect in the world....   [tags: Brazil Economy]
:: 12 Works Cited
1945 words
(5.6 pages)
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Australia Must Diversify the Economy - ... These exports and industries cannot compete internationally with the higher Australian exchange rate. The later in previous years has seen the demise of the nation’s industries such as manufacturing which was once a major part of the country’s exports is now well down at 29.2% (Figure 4). Figure 3: Commodity Prices and the Australian Dollar (Ian McCauley 2012) As I have stated the nation has become very reliant on commodities, this industry only provides a small amount of the nation’s employment (Figure 5), though it has become our largest export and is playing a major part of the Australian economy....   [tags: The Australian Economy]
:: 13 Works Cited
2231 words
(6.4 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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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, ]
:: 2 Works Cited
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 - In Money, Markets and Sovereignty Steil and Hinds argue that globalization is beneficial for all but because of the uncertainties of the current monetary system governments and globalization clash as governments work to protect their currency. They argue that because of the perceived stability of the dollar the in order to create the most open and prospers economy developing countries should use the dollar in favor of the local currency (131). They show the historical benefits of using the gold standard instead of paper (fiat) money but they also show that it unadvisable for the United States to go back to the gold standard at this point in time (68)....   [tags: Economy, Currency, Dollar] 667 words
(1.9 pages)
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Loss of Irish Economy - ... We could thing about many factors that had an impact on this situation. Since 2000, despite the continuing strong headline performance, there are signs of deterioration in Ireland’s underlying competitiveness performance which could threaten our future growth prospects. Firstly Ireland became too expensive, and the inflation became higher, which means that the demand was higher than the supply. Between 2000 and 2009, Ireland has experienced a significant loss of international price competitiveness, reflecting a combination of higher price inflation in Ireland and an appreciation of the euro against the currencies of many of its trading partners....   [tags: Ireland, Economy, Finances] 979 words
(2.8 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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Economy - ... As this time labours real wage is lower so the overtime workers will negotiate and revise their new contract and set a higher nominal wage as they are expecting a higher prices this time. The increase in the expected price level will shift the AS upward. This process will continue until the Economy reaches its natural level of output at (Yn). (Figure3 Source Blanchard) Although there will be an opposite condition when the level of production will be below natural level and price will be lower than expected....   [tags: EMployment, American History]
:: 7 Works Cited
1528 words
(4.4 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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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 - The Man with a Plan The economic and job recovery plan of Herman Cain, promises to bring America back to the top. More and more people are beginning to listen and believe his visionary message. “In order to return to prosperity, government must get off our backs, out of our pockets, and out of our way.” (Herman) The feeling that the government just wants America’s economy to survive is relevant, when it should be allowing it to thrive. A new way of doing things needs to come about in Washington....   [tags: Economy, Politics]
:: 9 Works Cited
1224 words
(3.5 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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Slovenia: From state economy to the EU austerity measures - ... The Slovenian government is criticized also for controlling the shares of private companies, while the private sector accounts for a relative low share and contributes to less than two-thirds of the Slovenian GDP. Moreover, according to the European Commission reports, due to the Government shares, Slovenia lagged behind the region in attracting Foreign Direct Investments (FDI), while on the other hand, the Slovenian FDI-s towards the former Yugoslavia has highly increased in the recent years (European Commission)....   [tags: Yugoslavia, History, Economy]
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1428 words
(4.1 pages)
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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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Boosting Chicago's Economy through the Chicago First Procurement Ordinance - In an effort to strengthen the economy of Chicago, Mayor Rahm Emanuel introduced the “Chicago first” procurement ordinance, to the city council. The ordinance was presented to the council on Jan 18, 2012. The ordinance is being co-sponsored by 27th Ward Alderman Walter Burnett. (www.mayorsandcities.com)Therefore looking at this from the beginning what is Procurement. Procurement is a contract agreement in which a buyer agrees to acquire goods or services from a seller in exchange for consideration for future business contracts....   [tags: Economy, Government]
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822 words
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Digital Information and Communication Technology Impact Business Models for the New Economy - ... However, this situation has promoted the emergence of new business model by innovation, and providing more opportunities for business to improve. IBM has issued an article, "the Paths to Success, Three ways to innovate your business model" in 2009, the article suggested three ways to innovate business model: industry model innovation, revenue model innovation and enterprise model innovation, which fully embodied how can business confront with challenges in new economy by relying digital information and communication technology....   [tags: New Economy]
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1765 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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The Economy and the Automotive Industry: A Give and Take Relationship - ... The government can be a massive influence in the development of technology in the United States. Without John F. Kennedy’s determination and promise, Neil Armstrong may never have set foot on the moon. Similarly, the government has the ability to fund and provide resources for new technologies in automobiles. Research centers such as CAR, a non-profit organization, have been using conducting research regarding the automotive industry in many fields. Some areas of their research include economical effects, environmental effects, technology and assembly....   [tags: American Automotive Companies, American Economy]
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1348 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
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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
(7.1 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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1. The Central Bank in any modern economy is not just a lender of last resort, but also has the critical role of stabilizing the economy. Explain why - ... There is less money for commercial banks to lend to the public and the interest rates are raised. This causes less people to borrow money from commercial banks and the economic activities are slowed down. Monetary policy does not have effect immediately. It usually takes more than 5 months to become effective. It is important that the central bank do it at the right time carefully to make sure the economy is not going over-heat or depression. The Government’s role on stabilizing the economy The central bank cannot stabilise the economy by itself....   [tags: Political economy, monetary policy]
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1933 words
(5.5 pages)
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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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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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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
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Mexico economy - Introduction Most Latin America countries are known as third world countries because the economic structure still in development. To overcome such judgment the countries had been developing different policies since the 1970s. The policies promise to help the countries to obtain a healthier economy and have an economic growth. The author Franko explains in the book The Puzzles of Latin America Economic Development how the economist Paul Rosenstein “believes that in order to achieve sustained growth, an economy must develop various industries simultaneously, requiring a coordination of investment or a big push.” (pg....   [tags: ] 2405 words
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The Global Economy - The global economy is a complex and multi-faceted system. When one variable changes, such as a dramatic increase in the New Zealand dollar, the spin-off effects can be detrimental to some while increasing the wealth and living-standard of others. This essay will discuss the global economic system we have in place today, and the consequential distributive injustices as a result of this structure. These perceived injustices arise as a result of the ethical debate of reducing poverty via economic growth versus creating a sustainable environment....   [tags: Economics]
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The Evolution of Economy - ... They quickly depleted an areas resources; forcing their communities to pack up and move frequently. With careful management a piece of farmland could be used for hundreds of years without loss of productivity. This meant that farming allowed people to remain in one place for generations. This agricultural revolution happened independently slightly later in Southeast Asia and Mesa America (23). A farming community could produce enough to feed their own people with surplus so that not everyone had to be involved in food production....   [tags: analysis, resources]
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The Cycling Economy - ... As one can see, the unemployment rate has been very high, close to 10%, since mid-year of 2009. Alas, this is a signal that the economy is not producing goods and services the best that it could or at full capacity, because of the many jobless citizens. This is the reason why the Fed, with Bernanke at the lead, is using monetary to expand the economy through the use of interest rates. Monetary policy operations include controlling some overnight or short-term interest rates and these rates to lend money to commercial banks influencing mortgage rates and other types of loans....   [tags: Recession, Article Analysis]
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Economy and Colonialism - The article and text both discuss how low-income people are besieged and susceptible to marketing strategies. Capitalism is an economic system in which the means of production are privately owned and operated for profit. It has always been the world’s systematic way to produce and achieve more, but relinquish even less. Originating in Europe during the nineteenth century, capitalism spread throughout the world to the US. Capitalists aim to increase surplus, while decreasing wages to the laborers....   [tags: Economics]
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Economy of Indonesia - ... As the gap between GDP and population growth rate rises, the standard of living for an average person in the country also increases. As the standard of living increases, people start immigrating into the country and there is less emigration also. This helps the country reach its optimum population leading to an increase of its economy, but if the growth rate declines significantly, it could cause problems for the country as there wont be enough people to fill in the job opportunities given by new firms or existing firms....   [tags: GDP, Poverty, Unemployment]
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State of Economy - ... Bureau of Labor states that in 2006, about 5 million Americans were being hired every month. Now, in 2011, that number has plummeted down to an average of 3.5 million. But wait, where did all the jobs go. That question has remained on center stage in Washington since 2008 and has continued on to become a key political component in the preliminary stages of the 2012 Presidential Election. Although the loss of hundreds of thousands of jobs can be attributed to offshore outsourcing, sluggish recovery plans, and a significant shift in the demand for workers, many analysts ultimately believe the problems gained headway through panic experienced during the downfall of the housing market....   [tags: Recession, Rates, Jobs]
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The Oil Economy - ... A large portion of the imported oil comes from Middle Eastern nations such as Saudi Arabia. It is not well known, however, that Canada and Mexico also provide a significant amount of the oil the United States imports each year (U.S. Energy Information Administration). The national security and economic vulnerabilities that stem from dependence on foreign oil come largely from fears of regional conflict within the Middle East. In such a scenario the price of oil would skyrocket and result in devastating effects on the economy at home....   [tags: Drilling on the Coast]
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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
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Terrorism and the Economy - Many investigations and research have been done in an effort to discover and defend against terrorism. Through my research I have discovered a plethora of literature that confirms this notion. This review will focus primarily on two different aspects that work coherently to frame the big picture of our nation’s Achilles’ heel, better known as the southwestern border. These two aspects are: Muslim extremist targeted recruits and how the United States economy is intertwined. The selection of literature that I have compiled is contextually different, because they are used for various other reasons....   [tags: Terrorism]
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The French Economy - France Economic Conditions- France is widely known as having one of the most consistently stable and developed economies in the world. France takes membership among the G8 group which is comprised of the world's most industrialized countries. In the Fortune Global 500 which ranks countries by revenue, France places 1st in Europe and 4th in the world. The French economy is the 5th most expansive in the world and the second most expansive among European countries. France implements the system of a mixed economy which combines privately owned businesses with a great deal of government intervention and government enterprise....   [tags: Economics ]
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The Greek Economy - The Greek economy was a result of the combination of slaves, citizens and Metics. The Metic, however, was the driving and most important force behind the Greek economy. The slave was used only when seen fit. The citizen saw work as below the dignity of a free man. He left to others the labors that he was unwilling to perform himself. Firstly, it must be noted that any prejudice against manual labor among the Greeks was of comparatively late origin. Certainly, in the Homeric age, to labor with one’s hands was no disgrace....   [tags: Greek History, Persian War, Marathon Men] 2981 words
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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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Communist Economy - Communism is considered to be a further step beyond Marxism. It is considered to be a society which is classless. The wealth is redistributed so that the control of the wealth does not lie only in the hands of the rich people. The privately owned businesses are converted into state property which then functions for the benefit of all the people of the state rather than an elite group of people. As the name implies, it is a form of government for the entire community. Communism upholds the idea that the basic needs of society should be provided to all, irrespective of any class differences....   [tags: Economics]
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The Economy of Greece - In this paper I will be discussing some causes of the problems with Greece’s economy that has led it to where it is today. I will also be discussing some austerities being put in place to try to resolve these issues and why they are necessary to help Greece become prosperous again. Greece is currently at a cross roads, their economic practices over the last quarter of a century have brought the country on the brink of being bankrupt. There are many who feel their economy can be turned around by putting various austerities and reforms in to place....   [tags: Economics]
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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
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Indonesia's economy - ... Until these reforms are in effect the attractive nature of cheap labour and cheap assets due to the depreciated rupiah are offset by high country risk. One of the legacies from the AFC is the government control of ¾ the commercial bank assets and thus much of cooperate debt remains un-paid, leaving the government in no shape to invest in social developments and infrastructure. (Gray) Part 2 Sidney Hioe 308174453 Introduction The post-New Order governments in Indonesia’s failure to effectively govern the country following the fall of Suharto’s dictatorship had a very profound impact on the country....   [tags: Socio-Political Chllenges] 1733 words
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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 - Matsusaka & Sbordone (1995) used quarterly data from 1953 to 1988 to empirically investigate the relationship between consumer confidence and Gross National Product in the United States. Using vector auto regressions Matsusaka ( 1995) & Afshar, Arabian, Zomorrodian (2007) examined the effect of pure confidence on GNP by implementing control variables such as the Index of leading indicators & Consumer price index respectively; finding that confidence granger caused GNP for 1, 2, 3 & 4 quarter lag models....   [tags: Consumer Confidence] 700 words
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The New Economy - The way that society has depicted the future is right on: stress at work without job security, virtual slavery in micro-enterprises exploiting economic roles, temporary jobs through uncertain agencies, low wages for service employees, self-entrepreneurship and self-management as an instrument of pressure to control and direct the masses (Lloyd, 2008). The New Economy has just collapsed and it is already clear that flexibility, customization and off shoring was not promises but rather threats, and meant nothing else to most people as poor working conditions and poverty....   [tags: Economics]
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The Great Depression: Social Programs and the Recovery of US Economy - ... today as well as the world. Populations seem to keep growing as medical technology advances, thus allowing populations to live longer, which results in the decline of the mortality rate. In addition to that health and increased fertility are also resulting in an increasing birth rate. In today’s culture people who align themselves with the Malthus theorem are called New-Malthusians. They believe that his predictions underestimate the devastating effects of an exponential growth pattern, and push agenda related to controlling population growth....   [tags: capitalism, generational poverty, US economy]
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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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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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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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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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702 words
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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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