Essays on Economy

After the second world war came to a grinding halt, the United States became the undisputed world superpower. In the late 1980s and the early 1990s, the strength of the U.S was further reinforced and activated after the collapse of the communist power of the Soviet Union. Although the U.S...

Taxes can be divided into two based on their impact on the incomes of the rich and the poor. Progressive tax refers to tax rates that tend to be based more on higher-income individuals and thus have a higher impact on them (Horton). Regressive tax rates, on the other hand,...

Research Question Despite the fact that China and India are two Asian countries with very big population, one disparity has still remained and it has to do with the economic situation of the two states. The point is that China is currently the largest economy in the world while on the...

The paper intends to explore the possible ways of making a positive change regarding Venezuela's economic, political, and social crisis. The country faces problems of soaring rates of crime, medicine shortages, as well as an increasingly authoritarian executive. In reality, Venezuela's woes result from the years of the economic mismanagement....

Minimum wage is lowest legally accepted wages that an employer can pay a worker. It was introduced in the United States in 1938 during the great depression and was initially set at $0.25 per hour but has been adjusted 22 times by United States Congress. It was recently raised by...

The Democratic Republic of Congo is located in Central Africa is the second-largest countries in the African Continent. Also, is has one of the highest population amounting to 78 million making it one of the most populated states in the world (The World Bank in DRC). The country attained independence...

Venezuela's Transition from Democracy to Crisis Venezuela has had a transition from democracy in the year 1958 to the country’s deepening political crisis that occurred in the mid-1990s. Notably, the strong democracy transition and the deepening political crisis of Venezuela have attracted major attention from scholars. The country’s economy of petroleum...

Democracy is an important political concept that supports the participation of the public in a country's decision-making processes. Democratic countries uphold the essence of the representing the citizens in discussions of public interest. For this reason, democratic countries realize significant economic growth and development since democracy supports the equitable distribution...

According to popular opinions, health insurance is generally expensive no matter the location of an individual in the US. However, Texas stands among the most costly states in the realm of the affordability of health covers, especially for people living below 133% of the federal poverty level. Evidently, data demonstrates...

Will the Hegemonic Status of the U.S. as the World's Superpower Last? Political analysts and historians often ask the question. How long will the hegemonic status of the U.S as the world's superpower last? In the historical perspective, there are several reasons as to why other influential hegemonies such as the...

The American dream lies on the fundamentals of making the land of America better and richer for every person based on their abilities and achievements as articulated by James Truslow in the year 1931 (Gupte, 2011). In the passage of time, healthcare has become expensive with people spending trillions of...

Gender Inequality in the Workplace Over the years, women have been getting less preferential treatment despite the positions they hold in their workplaces. Gender inequality is very common in the workplaces, and this is a serious issue that should not be overlooked by employers. Many women are bullied, ridiculed, threatened, sexually...