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Economics Essays

Effect of Oil Crisis on the Local Economy of Caracas, Venezuela

Introduction Over the past years, petroleum production in Venezuela has significantly impacted its economy and people’s livelihood. Aljazeera reports that oil comprises more than 90 percent of Venezuela’s export revenue (par. 2). According to an economic consultant based in Caracas, the country risked generating less than $8 billion export revenue in 2020, a significant decline ... Read More
Pages: 7       Words: 1869

Economic & Social Effectiveness During the COVID-19 Pandemic

The onset of the Covid-19 pandemic in late 2019 came with a wide range of economic and social implications. For example, it has triggered an economic crisis across all continents. Many countries continue to struggle with registering even the slightest economic growth. In the wake of travel restrictions and lockdown protocols, a number of economic ... Read More
Pages: 4       Words: 905
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Essay on Economical Progression

Economic expansion without human growth investment is both unfeasible and unethical. The goal of economics is not to find answers to economic progress but to prevent it from falling. Economic transformation has been a lengthy process of transferring labor and resources from lower-productivity activities to higher-production. It allows for long-term increases in aggregate worker productivity, ... Read More
Pages: 4       Words: 1086

Economic Principles Research Paper

Abstract Economic principles provide an essential framework for understanding and analysing business. This framework can help you understand the business world and make better decisions. The research paper discusses three economic principles that affect businesses and organizations daily. The purpose of this paper is to illustrate how each of these three economic principles is reflected ... Read More
Pages: 9       Words: 2474

COVID-19 Response and Recovery

As a result of COVID-19 and its social and economic ramifications, people of all ages have been affected in almost every aspect of their lives. On the other hand, people of all ages are affected in different ways. Young people, particularly disadvantaged youth, face considerable risks in the areas of education, health and many other ... Read More
Pages: 6       Words: 1426

Comparing S&P Global (SPGI) and Moody’s Corp

Research and analysis are vital aspects for financial institutions and investors. For S&P Global and Moody’s Corp, this is a field they have invested in. The former operates on four segments, each with a different specialization, while the latter has two areas. Despite the differences in the number of segments, their operations are similar, but ... Read More
Pages: 5       Words: 1335

Statistical Analysis Report

Introduction To complete this assessment, three nations selected are India, the United States, and Japan. India is located in the southern region of Asia, with a total population of more than 1.35 billion. The USA is known as the United States of America, consists of 50 states and is expected to cover nearly 3.8 million ... Read More
Pages: 13       Words: 3540

Evaluating the Contribution of Inward Foreign Direct Investment to China’s Economic Development Over the Reform Era

Introduction Since the mid-1990s, China has been one of the major global benefactors of foreign direct investment (FDI). FDI is an essential source of foreign funds for China’s reform and development. Most FDI inflows into China come from multinational companies (MNCs) operating in other Asian countries. Close to 80 percent of total FDI inflows have ... Read More
Pages: 10       Words: 2698

Characteristics of the Reforms and Developments of China’s State-Owned Enterprises

Introduction Over the past forty years, the reform of state-owned enterprises (SOE) has been a critical component of China’s economic reform agenda. During the centralized planning regime, SOEs were the foundation of China’s economy; their restructuring is the most visible of the transformations in China’s enterprise network that have occurred in concert with other institutional ... Read More
Pages: 11       Words: 2921

The Emergence and Establishment of the Exclusive Economic Zone

Part A Generally, the “exclusive economic zone” (EEZ) in the oceanic zone whereby a nation has the exclusive right to conduct fishing, drilling, and other activities. EEZ is defined as a 200- nautical miles stretch of land between our country’s border and the ocean in which Malaysia has the legal authority to engage in fishing, mining, and ... Read More
Pages: 6       Words: 1506

E-Commerce Industry Overview

The E-Commerce market was estimated to be over nine trillion United States dollars, and it is expected to grow by slightly over fourteen percent from 2020 to 2027. Internet penetration has grown continuously over the years because of smartphones, which is expected to increase the exposure of online shopping for consumers. (Grandview Research) Smartphones are ... Read More
Pages: 6       Words: 1579

Impact of Globalization on the United States

Globalization refers to the heightened integration of the world markets (Dodge, 2012). Globalization has enabled the united states to soar very high in the economy and maintain global leadership. To some extent, globalization has caused harm to the united states. However, the positive impacts of globalization are too many and greatly outweigh the adverse effects ... Read More
Pages: 3       Words: 682

Human Services Sector

The act of spending in the human services industry is part of the small proportion of the public expenditure in America, especially when it is compared to the massive outlays for healthcare in the nation (Bunger, 2012). Using these standards, it is imperative to say that the field includes a nonprofit component which seems to ... Read More
Pages: 3       Words: 714

How To Shop Smartly

Economic and technological changes have caused significant changes in global commerce. With the changes in global commerce, the activity of shopping has changed and consumer attitudes when shopping have similarly evolved. Nevertheless, shoppers across the world commonly aspire to find a merchant with the combination of best prices and quality products so that they can ... Read More
Pages: 3       Words: 644

Good Monopolies Essay

Monopolies may benefit certain situations, even if the costs exceed the advantages. Patents are the most evident example of a trust benefiting society. After 20 years of exclusivity, patents revert to the public domain, allowing innovators to commercialize their creations. That is, patents allow innovators to have a 20-year monopoly. Copycats will steal an inventor’s ... Read More
Pages: 3       Words: 761
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