Essays on Economy

Choosing a Career in Administrative Assistance Choosing a career is a hefty task that requires keen scrutiny of all aspects of the career one intends to join. This paper analyses all the aspects and requirements needed to pursue a successful career in administrative assistance. The career involves management and distribution of...

Most American Airlines are currently facing shortage due to the management’s inability to incorporate balance in gender and social inclusion (Germain, Herzog " Hamilton, 2012). Studies indicate that over the last three decades, the number of pilots has drastically reduced, but e replacements have been few. As such, there is...

Privacy in Business and Company It goes without saying that privacy (business and company) has become a contentious issue especially at the turn of the 21st Century. Nowadays, it is very common for company executives and employees in general to be poached by rival companies after they have worked for another...

When an employee is treated differently in a workplace because of some external irrelevant qualities such as skin color, gender, origin, religion or age it is called inequality or discrimination in the workplace. Legally an organization is bound to treat all the employees equally. Inequality may take place either in...

Real Interest Rate Real interest rate refers to the interest rate that a lender, a saver or an investor receives or expects to obtain after considering inflation. It is often described using the Fisher equation that asserts that real interest rate can be approximated by deducting the inflation rate from the...

Types of Unemployment There are many types of unemployment, one of them is clinical employment is where individuals lose their jobs as a result of the decrease in demand. There is also demand deficient unemployment, which is caused by insufficient demand, which could generate the required level of employment in a...

An economy is a situation or state of a particular nation or country that is characterized by money supply of consumption and production of goods, resources, and services through management. Statistics show that South Korea as a country has the largest economy in Asia ranking it the Fourth and Eleventh...

Before the global financial crisis of 2007 Most of the financial institutions in the U.S. heavily relied on increased lending rates and mortgages as a source of revenues. The building of assets on the mortgages was risky, though none of the companies were willing to hear such information. There were very...

The U.S has accused China of stealing their ideas and calling it economic espionage. These claims are caused by the China’s requirements that foreign firms who want to invest in their vast market to share technologies with the local firms. The result is U.S has continuously criticized the Chinese for...

Collection of Tax in Texas Collection of tax from Texans’ accounts for the most revenue generated by the state of Texas and other local governments within the state. There are various forms of taxes within the state such property tax, corporate tax, excise duty, sales tax among other forms of taxes. Need...

The relationship between households and financialisation. Financialisation is a term used to refer to the process of making and accumulating profit through financial channels in financial institutions rather than the conventional way of trade and production of commodities. The behaviour of household consumers keeps changing depending on payment stagnation, increase...

The Difference Between Recession and Depression The terms recession and depression in economic are used interchangeably although they have a slight difference. Recession is the period of contraction in the business cycle. It is characterized by deterioration in grant output, income, trade and unemployment lasting for a period of six to...