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The U.S. Economy from 2004 to 2014

Introduction
The American Economy has faced economic crises from 2004 to 2014. The great recession started in 2008 was the biggest challenge for the American Economy. The American Economy has been based on innovation and consumption. The economy policy implemented in the U.S. was leading people to make higher incomes and spend more inside the country. Spending culture has created a habit of the Americans. Making high income and spending more and more has been accepted as a prestigious behavior among the citizens.
However, the American Economy has faced crises stemming from Continue reading...

Synopsis

This paper seeks to evaluate the critical aspect of developing sustainable enterprises and the contribution of such enterprises to economic development. Sustainable enterprises are defined as business enterprises that integrate a continuous and holistic process in the attempt to eliminate any harm to the ecological systems and improve the health and vitality of social systems as well as improving the future financial performance of a business and its operations. These enterprises entail taking into account the principles of the three dimensions of sustainability. This implies considering the social, economic, and environmental dimensions and their implications. Furthermore, it entails the Continue reading...

Introduction

The recession that plunged the economy of Canada into depression ended in the middle of 2009. The economic indicators signify growth of the economy. However, the recovery of the economy is not noticeable to the majority of the population since the rate of unemployment is still high. The rate of unemployment would be higher had many people not opted out of employment due to the unsustainable wages. There is concern that the economic growth and expansion experienced all over the world does not bring with it any reduction in the number of the unemployed. The recovery of many countries Continue reading...

The Effects of the Economic Crises and Recessions on Russia’s GDP Growth Rate since the Past 25 Years

Introduction on Macroeconomic Indicators
There are many factors that an economist, analyst, or even business strategists can use to describe the relative health or status of a country’s economy. Some of the most commonly used economic indicators in assessing the current economic situation in a country include but may not be limited to the annual GDP growth rate (i.e. real, nominal, or on a per capita basis), the unemployment rate, the volatility indexes in the financial and commodities market, the debt to GDP ratio, and the outstanding monetary and fiscal policies in the national and international markets.
In Continue reading...

Understanding international political relationships can be quite difficult to understand especially for the public given the various factors that may be involved in the process. Issues such as political or economic agenda, costs and benefits for both parties and the future implications of such alliance often causes confusion in understanding such relationships. Several studies have already tried to determine as to why states are pushed to various political relationships. One of these studies is the Marxist approach, highlighting that international political relationships are determined by the underlying global capitalist economy. However, with the availability of other studies pointing out Continue reading...

12. What is the Current Price Index – is it rising or falling and what does this mean in terms of our inflation rate? Is there a risk of out of control inflation – why or why not?
A Consumer Price Index (CPI) is a measure indicative of changes in the price level of a basket of consumer goods and services that are most commonly purchased by households. CPI is a statistical estimate constructed on the basis of the price of some sample representative items at a particular point in time, and based on that price, all the other prices changes Continue reading...

Original Purpose and Focus of Political Economy

Political Economy is mainly involved with wealth management in society. It also deals with the efforts put in place by man resulting to supply of their wants and satisfaction of their desires. Political Economy was initially centered on coordination of families and political households in communities. Social customs and practices at that time were given much priority in the management of a community.
Issues of moral judgments in political economy took centre stage in the past. However, such judgments are now restricted to the relations between citizens and their government. Governments in present societies play a very fundamental role Continue reading...

Introduction

Balanced budget is a typical story in the science of economics. There is a general belief that the balanced budget is better than the unbalanced budget situation. To understand the background of the belief of a balanced budget, one needs to know how the budget system works.
Budget is a sheet indicating incomes and expenditures of a government. Government incomes are mainly taxes collected from people and companies. Tax laws are arranged by parliamentary of a country. Government is responsible for determining areas where taxes will be spent. Government that receives most of the votes in elections and depending Continue reading...

The Ramifications of Buying Solely American Products – Will This Help the American Economy and Serve the Citizens' Interests at The Same Time?
America, just as most other countries around the globe, was severely affected by the global recession, and everyone, everywhere, found a more or less effective solution to the problems experienced, like unemployment, expensive living and not only. The solution that was embraced with enthusiast by many officials, personalities and common people alike was to start buying solely American products. But, while this strategy, applied when given a choice, could be helpful for the economy and even for Continue reading...

Introduction

An economic system is a structure of manufacturing and trade of goods and services along with the distribution of resources in any state. It contains the mixture of the numerous organizations, groups, individuals and customers that include the economic structure of a given society. An economy is usually described as the condition of a nation in standings of the manufacture and utilization of goods and services, and the money supply. The most renowned economic systems include Market Economy, Planned Economy (Command Economy) and Mixed Economy. There are various views and stances on each of the different economic system amongst Continue reading...