Economics Essay Examples Page 2

According to Wikipedia, Alexander Hamilton, a founding father of the United States, was the first secretary of treasury in the newly formed country. After assuming his position from 789- 1795, Hamilton was faced with an extreme dilemma that continues to affect the US to this day; debt. As secretary of treasury, it was he who…

The idea of capitalism is often a hot topic of debate in regard to its effect on environmental degradation. In a society that focuses on growth and wealth, it is hard to factor preservation on the environment when capitalism places an emphasis on profits. Developing countries feel the pressure to reform to the caliber of…

Voluntary health insurance has always been a non-mandated scheme that is optional and aims at indemnifying the insured from health related cost. To the middle-class economies, the financial mechanisms would be of great help thus able to cover medical expenses therefore able to afford the medical services offered. Consequently, the techniques of better services and…

Since the 1970’s, one of the clearest, most consistent economic trends in the United States has been the increase in income inequality. Income inequality refers to the concentration of wealth among the richest members of society. Following postwar expansion in the United States, the American economy has seen a steady rise in income inequality. The…

Retail means the sale of goods to the public in relatively small quantities for use or consumption rather than for resale. Mobile retail, uses of sensing technology in physical stores, more efficiently delivery and the right pricing strategy would be the challenges and the future of retail. Understanding the challenges of retail is important for…

The economy of South Africa is the second largest in Africa, after Nigeria. But why is it that Africa as a whole has the most naturally occurring resources on the planet but also has the highest level of corruption in their politics and government operations. This goes back to the roots on which the nation…

Banking industry is considered to be one of the fundamental sectors that remarkably affect global financial indicators, and is perceived as the most crucial benchmark within the following: Financial liberalization Banks privatization Shifting towards international banking Banking services restructuring Expanding the possibility of banking merger Over the past three decades, the banking and all financial…

The unfortunate reality and effects of economic inequality and poverty can be seen across the globe now more than ever. Researchers have shown the similarities between the economic disparities of neighboring places such as Connecticut’s Fairfield County and Bridgeport when compared to far away neighbors such as the slums of Thailand and the nearby high…

Before discussing about the state of the American economy that is booming, recovery, or recession, we must know in advance the understanding of these three things. First is the boom, when the economy is booming, GDP, income, and productivity will increase. In addition, an increase in the number of consumer demand can also cause the…

Nike had historically been a Product Organization. Year 2006 saw Nike undergo a Corporate reorganization that shifted it to a Matric structure with an emphasis on geographic divisional structure for customers in every region. The preference of consumers in regional markets differ and as such, the Organization needed a sustainable innovation and product design strategy…