Essays on Economic System

Due to widespread migrations during the archaic period, there were numerous social and economic shifts that led to the creation of polis, or city states. (Blundell, 1995). However, the status of women in society as depicted in the literature at the time was not significantly altered by these changes. Women...

The Captains of Industry and the Robber Barons The presence of two groups of people—the captains of industry and the robber barons—was what defined the American economy in the late 19th century. Through the creation of large corporations that sparked contentious discussions about the role of government regulations and the authority...

In many countries, discussions about the minimum salary have dominated the economic discourse. The labor markets have long been a source of contention for American employees, especially when it comes to jobs offering the low pay needed to maintain the country's minimum standards of living. Campaigns to raise the minimum...

Professors Richard Powers and Howard Weiner: The COR 100 Film Professors Richard Powers and Howard Weiner created the COR 100 film. They are both teachers of history. The video is an interview with Professor Richard Powers about the concept of immigration, its origins, and the sociocultural and political importance of immigration...

Taxes and Tax Responsibilities Taxes are the lifeblood of the majority of countries. However, one of the most frequently discussed issues has been how tax responsibilities should be distributed among those with varying financial capacities. Most academics have written both in favor of and against the same. The Role of Taxation in...

The Green Economy and the Green Movement The green economy and the green movement are closely linked. The development of goals or the development of an economy that contributes to lowering environmental hazards is what is referred to as the "green economy." There is a movement known as the "green economy"...

The Effect of the State on Political Economy The effect of the state on a nation's political economy as well as its outcomes are discussed in O'Neil's first text. Different states use a dominant ideology to shape their economies, which then decides the prevailing political economy. Controlling the markets (which are...

The Effects of the Civil War Despite the expenses incurred, the civil war was romanticized because its effects resulted in a more united USA and improved living conditions for all citizens. The war resulted in the abolition of slavery and the advancement of basic rights and ideals. The conflict had devastating...

The historical developments are presented in the article along with their effects on the nation's economic structure. The study gives enough details to analyze the shifts in Caribbean leadership in the past and the effects of each leadership style on the nation's economy during the change of power. The article...

A Depreciation of a Country's Currency A depreciation of a country's currency is an economic situation that requires serious analysis by economists to aid in the development of policies to avoid additional financial catastrophe. An review of the Australian economy reveals that the country underwent a long period of currency fall,...

Bubbles are brief economic periods in which asset prices rise. In this case, everyone experiences the euphoria of wealth and follows the same road as everyone else. A housing bubble, for example, can form, as happened during the financial crisis. The financial sector made owning a home appear so appealing...

Demand and Supply in the Economy Demand and supply are fundamental economic principles. Economists employ the demand-supply connection to govern the efficient distribution of resources in an economy (Bryant, 2010). Economists do research and analysis on the roles of buyers and sellers in the price market for commodities and services. The...