Entrepreneurs invest their own resources and attract fund (in the form of debt, equity and more) from investors, lenders and the public. This deploys public wealth and allows people to gain advantage from the success of entrepreneurs and developing businesses. This kind of pooled capital...
The purpose of this paper is to explain and analyse the long-term trends in economic inequality within developed countries since the Industrial Revolution. This essay focuses on within-country inequalities for the purpose of narrowing the scope, but also because of the lack of consensus in...
On the ACA Impact on the Federal Budget Deficit, the Author Dana Smith compiles not only the CBO’s referendum on the topic of deficit/surplus implications, but also other NGO’s, offering largely a positive and inversely normative views on the ACA implications. Within the compilation, the...
Economic inequality is also referred to as income inequality, which can be defined as the unequal distribution of income and economic opportunities in a country between different groups. The economic system of the world, especially the developed countries like the USA, have high economic inequality....
As a catering sales manager in the catering company in HK, I have found many food safety productions and services and have also experienced their effectiveness. Most food producers enter the food service system and innovate in the system. Catering services include many activities in...
Positive economics, as introduced by the economist Milton Friedman in his influential essay “Essays in Positive Economics,” is a branch of economics that aims to provide objective analysis and description of economic phenomena without making value judgments. This essay delves into the key concepts of...
Monitoring is the routine checking of data on advance in order to affirm that advance is happening against the characterized course. it ordinarily includes month to month to quarterly detailing on yields exercises and utilization of assets e.g. individuals time cash and materials it ought...
Introduction The landmark case of Roper v. Simmons (2005) is a big deal in the U.S. legal system, especially when it comes to juvenile justice. The Supreme Court decided it’s unconstitutional to give the death penalty to people who were under 18 when they committed...
To understand what an institutional void is, we must first understand what an institution is. An institution is an organisation which sets the ‘rules of the game’. In the context of a nation, there are two categories of institutions; formal and informal. Informal institutions tend...
The on-demand economy according to scientists and economists is “the On-Demand Economy is defined as the economic activity created by digital marketplaces that fulfill consumer demand via immediate access to and convenient provisioning of goods and services.” In short, this kind of economic operation was...
Depending on each moment, it may variate what will be more interesting to use, if active or passive management. This seems to be the debate of recent years in asset management: Active or passive management? Both have strong defenders. However, they do not have to...
New Zealand has a robust economy supported by high productivity and good rate of employment. The economy has maintained a steady growth by bringing in measures and policies which favor liberalization, privatization and deregulation. New Zealand is a developed economy and is a part of...
Abstract The purpose of this research is to look at the concept of oligopoly, its effects and characteristics on the market by using the right mix of theories and presenting real cases. The research will also show the impacts of oligopoly on the economy. Different...
