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Political ideology is a fixed or settled set of ethical ideas, principles or foundation for a system, doctrines about the political, economic, social and cultural affairs held by the people and explains how the society should work on, how to allocate power and on what…
In the beginning of the 1870s, the United States entered an impactful period of American history known as “The Gilded Age”, which caused an outstanding transformation due to industrialization and urbanization. However, this era’s transformation created a mere facade for the corruption and classism. A…
‘LeBron effect’ has been the most potent economic impact during the 21st century so far. With three championships and four Most Valuable Player (MVP) awards to his name, LeBron Raymone James Sr is arguably the greatest or one of the greatest players to play the…
Economics is a study of social science that analyzes the production, distribution and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how the country economies work. There are two types of economics that is Microeconomics and Macroeconomics….
In this essay an effort has been made to understand the different application of mathematics in economics and to analyze its usage in day-to-day life. It was also observed how the study of mathematics and economics could be combined and applied in our life. I…
The global economy has been shifting tremendously since 2016. Led by Brexit, rise of populism in the continent of Europe, and Trump’s presidential victory, globalization has been shaken to its core and has become blighted by uncertainty, both from a political and economic perspective. Political…
This essay will be focused on the issue of homelessness. Homelessness is a term in which many can have their own option on. Vijay K Mago’s definition in the article “Analyzing the impact of social factors on homelessness: a Fuzzy Cognitive Map” was the most…
In late 1999, the Wall Street Journal reported that Coca-Cola Company was working to develop technology that would enable its vending machines to price products based on demand, increasing prices during major events such as hot days, or lowering them when it made sense, such…
“Let us not forget that the next pandemic is coming” (Coburn). Whether people decide to face this disturbing reality or ignore it, the outbreak of a pandemic is inevitable. As soon as it occurs, the pandemic will stretch like a colossus around the world, killing…
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…
As soon as Roosevelt’s presidential term began on the 4th March 1933, his New Deal promised relief, recovery and reform. FDR did more in his first 100 days than any of his predecessors and most of those who came after, but this is not quite…
In our world, the government will often want people to see the good things in their country instead of the details including poverty, racial discrimination, social and economic issues, and so much more. During the Great Depression, the New Deal was created by the government…
There are many researches made on the relationship between the income inequality and the growth by economics. Inequality can be considered from many perspectives: economic, social and political perspective. In resolving this problem distinguish economics used empirical and theoretical overview as well. Lack of regulations…
Economic inequality has been a major subject of discussion over the past few years, by academic circles, political spheres and the popular press. Kulkarni and Matin-Bekat (2009) suggest that as inequality applied to income and economic inequality, is a very complex issue; economists, sociologists, and…
Introduction Despite the fact that there is an exceptionally long history of concern with economic inequality, interest for this point has increased significantly after decades of stability. Economic inequality is the unequal division of salary and opportunity among various gatherings of society and has been…
The United States undoubtedly maintains an extremely high standard of living. Those considered “poor” in the US still earn a considerably higher amount than most people in the world. It is almost easy to disregard the idea of economic inequality when a majority of US…
Rosca’s are locally organized groups that meet at regular intervals; at each meeting members contribute funds that are given in turn to one or more of the members. Once every participant has received funds, the Rosca can disband or begin another round Besley, Coate and…
Politics, Philosophy and Economics intertwine to act as major global driving forces. Due to the interactions between the three, exemplified in tax cuts leading to greater inequality in the US, I am deeply interested in studying these combined disciplines at a higher level. Inequality was…
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