Category: Economic

Table of Contents Introduction Main body Conclusion Alternative viewpoint References Introduction Generally, economics is viewed as a scientific field that concerns the economic relationships between people and the way of enhancing the profitability of organizations. Economics is the study of how people, organizations, governments, and communities allocate resources. Economics refers to human activities, with the…

The economy of Malaysia has experienced significant changes since the colonial days. These changes have been reflected in the country’s GDP. Before the country gained its independence from the British in the 1950sthe economy was oddly distributed with much of the economic activities concentrated on the western regions of the country. Most of the economic…

Table of Contents Introduction Background information The business environment the business is operating in Micro economics issues facing the company What the company needs to do in order to compete favorably Conclusion Reference List Introduction Business economics can be defined as a branch of economics that deals with the application of various microeconomic models in…

Table of Contents Introduction The Three Social Foundational Components From Strategies to Policies Measuring Success Conclusion Reference Introduction In the book “Doughnut economics: seven ways to think like a 21st-century economist,” Kate Raworth (2018) presents a new economic paradigm that is sustainable-oriented in contrast to the currently dominant orientation to growth. The author calls the…

The global crisis team members include; Christine LaGarde, Warren Buffet, & Colin Powell. These are people from various parts of the world who play major roles in the world economy. For example, Colin Powell is an American politician who has experience in military leadership. Having led the American army for many years, he has the…

Table of Contents Introduction Property tax Recommended features of an economic system References Introduction Property tax is a potential source of government revenue that is received through the levy imposed on the value of a property. Property tax may be imposed by various jurisdictions in the country depending on the established laws on tax assignment…

Table of Contents The Invisible Hand Theory Division of Labour Theory International Trade Theory Importance Adam Smith Theories Benefits of the theory to the U.S. Economy References The Invisible Hand Theory According to this theory, Adam Smith points out his feeling about the operation of the economic society. He felt that each individual aimed at…

The size and magnitude of America’s problems are on a level only a few nations have experienced. Most people are oblivious to the observable symptoms of such an emerging crisis. While America consistently tends to thrive in its superpower imagery, America is now classified as a second-grade company. Unfortunately, America no longer produces to meet…

Table of Contents Environmental impacts Social and economic problems References The rapid rates of economic development and urbanization in Dubai and Abu Dhabi have attracted international attention in the last two decades. The two cities have attained recognition as major hubs for tourism, investment and market for various goods and services. Their growth in industry…

International trade entails the conduct of business by all countries in a similar platform with no preference for the mutual benefit of all players. In this regard, the relevant bodies regulate all players ensuring the proper handling of all the factors of production. The entrepreneurship factor, which plays crucial role in the process, requires proper…