Essays on Economics

The craft beer industry's market share has increased in comparison to mainstream beers, going from 3.6% in 2006 to 12.3% in 2016. Growing consumer interest in artisanal items, a more favorable regulatory environment, mediocre regional and national beer brands, relatively low production costs, and the ability to brew on a...

The current business climate is competitive and fraught with uncertainty. Companies must create and implement effective plans to ensure the continuation of operations and expansion. As a result, the success of firms operating in today's tumultuous business environment is heavily reliant on their strategy. Such firms encounter challenges from both...

The current economic conditions govern the growth and living standards of individuals in any given country, which are heavily influenced by the country's resource endowment, social variables, and economic stability. The Norwegian economy, like the economies of other countries throughout the world, is primarily affected by unemployment, inflation, economic depression,...

The decision-making process is something we all have to deal with on a daily basis. From childhood to adolescence and teenhood, and finally to youth. It does not end there because it is a lifelong process that we must engage in every day. Leaders in many walks of life encounter...

The evolution of modern management began in the late nineteenth century. Management evolved as a result of the industrial revolution, which swept through Canada, Europe, and the United States of America. At the time, small-scale enterprises run by skilled workers expanded or were supplanted by factories that produced things on...

The excavation phase of construction entails preparing the site for the structure's foundation. Excavation activities generally include stripping topsoil, digging dirt, and removing rocks. If the soil has adequate backfill qualities, it can be stockpiled on site for backfilling into the foundation. If the dirt is unsuitable for use as...

The Federal Aviation Administration (FAA) is a United States national authority in charge of regulating all aspects of civil aviation, including airport operations and the protection of the nation's assets during the launch or reentry of commercial space vehicles (United States Federal Aviation Administration, n.d). The organization, which was founded...

The Great Depression of the 1930s was perhaps one of the most depressing economic downturns in American and industrialised world history (Rittenberg and Tregarthen 689). It had an undeniable impact on the worldwide economic situation at the time. Despite the causes of the Great Depression are still being contested among...

The greater the total value of the price elasticity of demand The greater the price change's receptiveness to quantity demand (Bas, Mayer, & Thoenig, 2017). A small change in the price of a good results in a significant change in the volume requested of the product The amount demanded of the product would...

The Green Economy The green economy is defined as economic aims that aim to decrease environmental concerns and ecological scarcity. The primary goal of the green economy is to promote ecological development while minimizing environmental deterioration. The green economy is fundamentally centered on reducing environmental waste in order to optimize the...

The Economic Downturn and its Impact on Social Capital The economic downturn has produced a decline or shift in social capital (also known as degradation in social capital) in several ways over the years (Putnam, 1995). The concept of social capital relies around a person's family, friends, and numerous others who...

The Emergency Economic Stabilization Act (EESA) The Emergency Economic Stabilization Act (EESA) was drafted by the United States Congress and signed into law by President George W. Bush on October 3, 2008. This was a premeditated response to the oncoming financial crisis in the United States, which was reaching near-panic proportions....