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Home — Essay Samples — Economics
When analyzing the motives for the shift in the US government’s approach towards foreign policy we essentially encounter a wide range of them varying from religious, to ethnocentric, to political, and most importantly economic. It is clear that as a result of the industrial expansion…
Abstract The evolution of internet has disrupted or even shattered some of the conventional industries throughout the 90’s and the 21st century. Just think about the record industry which has been completely wiped out by online streaming, or about street fashion shops which have been…
Abstract Post 2008 global recession, financial institutions around the world has gone through enormous change by including financial technology in their products and service offering. World has seen an upsurge in technology startups and new businesses working on new platform called financial technology (Fintech) for…
Introduction Financial services also known as Fintech. It is a technology that innovates financial technology or methods in the delivery of financial services. Finance activity or Finance transaction improved by this technology. In this real time we can see fintech all around us. If we…
Introduction The term ‘fintech’ happens to be a merge of the two words ‘financial’ and ‘technology’ which is used to describe any and every technology used to any provide financial service to end-consumers and business. So, the application of fintech ranges from mobile banking and…
“It’s still magic even if you know how it’s done” Financial Technology can be used in any innovation in how people transact business, from the invention of digital money to double entry bookkeeping. It includes variety of services such as money transfer, depositing a check…
“The science of today is the technology of tomorrow” Technology has consistently proven to be a powerful tool for mankind. Across all sectors, technology has improved the speed and accuracy in manufacturing and rendering services to end users. This essay focuses on the digitalization in…
After reading Freakonomics it really opens the reader’s eyes to unseen things in everyday life. The incentives of just any regular person are greatly shown because money or personal gain can take over any man or woman no matter how old. In a few of…
Financial technology, or “FinTech,” refers to the use of technology to facilitate financial services. This industry has seen an explosive proliferation of high technology in the recent times and tech-centric companies are seeking to disrupt the ways of transaction processing in areas as far-ranging as…
Freakonomics. What kind of name is that for an entrepreneurship book? It sounds like a joke. I chose this book for the same reason I chose the other two I have written essays about: I received it as a gift. Unfortunately, this was the last…
In the book Freakonomics by Steven D. Levitt and Stephen J. Dubner, the most erratic combinations of topics are discussed. Economics is addressed in the most unconventional way and lead by questions that are not asked of regularly or even at all until now. Levitt…
In the book Freakonomics, composed by financial expert Steven D. Levitt and journalist Stephen J. Dubner, the authors experienced various pieces of present day life to demonstrate how economics clarifies why people act in a manner just as the way explicit results happen. They examine…
In the era of Millennials in which we are glued to our Smartphones, our daily lives and routines have changed radically, and we have less time for us. Consumers want immediacy, quick transactions by putting in no effort. In this context, the role of traditional…
It was not the downturn within the commerce cycle, exchange protectionism, or the 1929 stock market crash that dove the nation to misery. It was the collapse of the banking system amid three waves of panics over the 1930-33 period. After the market crashed, certainty…
On Friday 24 October 1929 the greatest stock market crash took place in the United States of America. The 1929 Wall Street crash is known as the hugest crash in the history of the USA. This crash had an impact on the USA economically as…
Subject: Freakonomics is built upon Steven Levitt’s underlying belief: “the modern world is not impenetrable, it is not unknowable, and if the right questions are asked- is even more intriguing than we think. All it takes is a new way of looking. Levitt explains the…
The Gold Rush occurred between 1849 and 1874 in California, where over a billion dollars of gold was unearthed from the ground. There was an influx of people who hoped to benefit from this fortune which affected the economic, social and political development in California….
Traditional financial institutions are currently transforming into a new era of innovation, which brings in technology into the new field of financial services (Fintech). Fintech has been growing rapidly since PayPal was first recognized. It brings a bunch of benefits for startups as well as…
Introduction Industrialization, which has begun in Britain during the 18th century, caused rapid change in the manufacturing of goods. The revolution of industry has invented many ways to produce goods in much faster and efficient ways, making our lives easier. It emphasizes the usage of…
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