Economics Essays

Food Insecurity in Nigeria

Introduction In Nigeria, the population as of 2012 stood at 166.2 million according to the Nigeria National Bureau of Statistics (Adebayo, 2012). This number has increased, and the estimated population as of 2019 is slightly over 200 million people. These figures indicate that Nigeria is amongst the fastest growing, developing country in terms of population. ... Read More

Pages: 7       Words: 1787

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European Recovery After the Pandemic

Introduction The European governments have to realize recovery plans to support them in the post-pandemic world. The study will reveal definite and actable plans that can define the success and reflective process of transformation. The study will dictate the necessary actions to reward the agreements with resilience and agile palms for post-pandemic growth. Action For ... Read More

Pages: 5       Words: 1198

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Essay on Economic Growth

Introduction Economic growth entails the process of increasing the gross domestic product (GDP) of a country. The growth can be evaluated as an increase in the real gross national product (GNP) or Gross Domestic Product (GDP) over a certain period. When GDP increases, the value of services or goods produced, people can consume more. To ... Read More

Pages: 6       Words: 1546

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Keynesian and Classical Economy

Introduction Classical model emerged as an opposition to Mercantilism. Two beliefs defined mercantilism; Bullionism held that a nation’s wealth is defined by its stock of precious metals and that the government should intervene in the economy. Adam smith inspired the classical model. Classical economists consider full employment usual. There is no overproduction or unemployment in ... Read More

Pages: 4       Words: 893

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Classical Trade Theories

Mercantilism Mercantilism theory states that a country’s wealth is determined by the amount of gold and silver it holds. Thus to increase wealth, a country needed to discourage imports and encourage export to ensure that it always has a trade surplus in the form of gold and silver. Mercantilism formed the basis for protectionism, which ... Read More

Pages: 4       Words: 906

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Research Paper: Rail Transport

Introduction There are five renowned modes of transport: air, road, marine, pipeline, and rail. The paper focuses on rail transport for its discussion mainly due to the rich history of the technology. Once considered the slowest and most inefficient transportation mode, trains have rapidly evolved to be among the fastest, most efficient, and most reliable ... Read More

Pages: 12       Words: 3139

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New Zealand Small Business Definition, Issues and Their Economic Impacts

Small businesses play a vital role in the economic contributions of any country. A small business is a sole proprietorship, a business, or a partnership that earns less yearly revenue and fewer employees than a regular-sized business and is privately owned (Ferran & Ho, 2019). In many nations, especially the Organization for Economic Co-operation and ... Read More

Pages: 7       Words: 1844

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Market Analysis: International Edition

Introduction One of the numerous benefits of market research is the knowledge it provides about your target audience, your rivals, and the industry. The supply and demand for a product or service might also be studied in more detail. This will put upper management in a stronger position to make marketing strategy choices. Using fake ... Read More

Pages: 6       Words: 1513

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Japan’s Rise and Fall in the Global Electronics Market

In the 1950s, the economy of the Japanese consumer electronics sector expanded quickly. Japan ranked among the top nations in the decades that followed for the number of commodities it exported and the number of new technology patent filings. The most coveted status symbols for Japanese inhabitants underwent a rapid shift due to technical improvements, ... Read More

Pages: 10       Words: 2568

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Impact of an Aging Population on the Economy

An aging population is a situation where the proportion of older people is increasing at a higher rate than younger people—the aging population results from people living longer (more extended life expectancy, and having fewer children (birth rate decline). According to Borsch (2008), life expectancy increases due to an improved lifestyle, including access to a ... Read More

Pages: 3       Words: 692

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Globalisation and Urban Growth

Introduction Globalisation is one of the universal cycles of our day, defined as “an expansion in the degree to which people and establishments arrangement or trade with others situated in the country states other than their own, or impact others through their monetary and social way of behaving”. Then again, globalisation is a long way ... Read More

Pages: 8       Words: 2109

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Essay on Commodities

Introduction Commodities are goods generally of the same quality and usefulness no matter where they are produced. Most grocery store customers don’t consider the country of origin when they purchase an ear of corn or a bag of wheat flour. Since commodities may be substituted for one another, the term can be used for a ... Read More

Pages: 21       Words: 5761

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Research Project Report: Economic Performance of the United Kingdom, France, Germany, and Spain From 2011 to 2021

Introduction This report aims to analyze the economic progress of four European countries: France, the United Kingdom, Germany, and Spain. These four countries are similar in that they are all first-world countries and can all be classified as high-income economies. This report will analyze economic trends in the four countries over the last ten years, ... Read More

Pages: 7       Words: 1912

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The Effects of Inflation on Agriculture

Abstract This paper aims to investigate the effects of inflation on agriculture. Inflation can significantly impact global food supplies, poverty rates, and the overall economy. The research problem investigated in this paper is how inflation affects agriculture in various ways. For example, high inflation can make it more difficult for farmers to repay loans and ... Read More

Pages: 4       Words: 1077

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Debate on Fixed and Floating Exchange Rate Systems

The exchange rate denotes the price of a domestic currency value as overseas money. In any economy, the aspect of interchange rate plays a vital role in influencing the economy. For a country to attain economic growth, stability, and economic development, the element of the exchange rate is a crucial determinant. Moreover, the exchange rate ... Read More

Pages: 6       Words: 1469

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