Essays on Economics

A snapshot of a better performing economy A snapshot of a better performing economy of the 21st century, on global ratings, takes into consideration the immense economic, military as well as diplomatic advances that the Peoples Republic of China has accumulated in less than a decade. It has nuclear weapons; military...

The cartoon is about Brexit. Brexit is the imminent withdrawal of the United Kingdom from the European Union. Europe is a group of nations that were frequently at war. For instance, during the 2nd world war, the continent of Europe greatly hurt by the fights among countries in Europe (Troitiño, Kerikmäe...

Globalisation is widely referred to as the outward growth and rise in the interchange of services, raw materials, goods, people, information, and money between different parts of the world that are culturally and geographically apart (Hopkins 112). It is a term used to refer to modern trade relationships and whose...

There is indeed a noticeable difference between capitalist development and democracy especially when viewed from the perspective of two different countries practicing either of the above. Ideally, capitalist development entails an economic system that revolves around private ownership and freedom in markets, capitalism can also be compared to a great philosophy...

The problem is inadequate communication because the previous employee did not leave files to guide Jacqueline Gibson. The three directors, and the deputy secretary are also not willing to orient Jacqueline’s as an Undersecretary of Environmental Protection, Water Resource for the state of California and help her plan.  The problem...

In his book, William Domhoff argues that a powerful elite exercises power in the United States by means of support through foundations, think-tanks, academic departments, and commissions. In addition to that, the author presents an argument that the elite are in control of the key institutions in the country by means...

Various schools of economic thoughts have a different interpretation of competition. The different understanding is mainly based on the approach taken by particular theories. At the same time, there have been arguments as to whether competition is desirable in an economy or not, an aspect that can also be viewed...

What connection is there between economics and democracy? The first step in answering this question is to define what the terms economics and democracy means. Roskin and Berry (34) define democracy as a political system in which the citizen-run the affairs of the country. A democracy has elected representatives who...

Sales Tax and Use Tax Sales tax is the tax that retailers ought to pay to the government for their sale of goods and services. On the other hand, use tax is the tax that a consumer pays for the consumption of goods whose sales tax was not applied (Fields 24)....

Democracy and Capitalism: A Complex Relationship Democracy refers to a system of governance by the rule of the people. Most countries have embraced this system of government whereby the citizens elect their representatives. On the other hand, capitalism refers to an economic system which is characterized by private ownership of the...

Many Britons believed the European Union failed to solve economic problems facing them. However, the major reason for Brexit was the increasing number of immigrants in the UK, as well as political elitism. Therefore, the move was driven by economic, identity and immigration problems. Introduction             The European Union was formed to...

Globalisation is the increased integration of the economies across the globe that has turned the world into a global village. The globalisation process involved the increased mobility of labour, capital, trade, technology and the interdependence of national economies (Glenn, 2012). Globalisation is fuelled by government policies aimed at expanding domestic...