Free Examples of Economics Essay

The Chinese market is littered with products labeled “Made in China”. This is a clear indication of an economy that is keen on producing its own goods and ensuring that the goods have adequate market locally. However, that has only been possible due to the Chinese consumers who have lately become more aggressive than ever projected. According to economic analysts, the economy is basically driven by local consumers who do not just buy goods for their consumption, but also as a sign of patriotism. It is the reason why their economy was not significantly affected by the recent economic recession. ...

This article provides a comprehensive explanation on how uncontrolled increase in public debts of the People’s Republic of China is likely to result into enormous economic crisis that will have stern impacts on economic growth and development of China. Huang defines public debt as the money borrowed by the government to finance its expenditures (27). Governments usually borrow money either domestically by issuing bonds and related securities or from foreign lenders such as foreign governments and financial institutions like the World Bank and International Monetary Fund (IMF). The money borrow ...

All, who expresses the mankind prospects, consider it necessary to mention the great future of China. Really, the Chinese model of the development achieves impressing results as for the indicators of growth and space exploration. China has all the attributes of the great power: the nuclear weapon, means of its delivery, the space program, the veto in the UN Security Council, the efficient army and, certainly, great-power aspirations. China is also the most occupied country of the world. However, I think that all these successes of China are relative and everything depends on the decision of on ...

China’s influence in international affairs has greatly increased and it has played a major role in influencing policies especially in Africa and Asia. In recent times china has been asked to make political decisions and stop diplomatic and economic ties with countries that are seen by the west as human rights violators e.g. N. Korea, Iran, Sudan and Zimbabwe. China on the other hand has relented as these countries offer markets for its products and more importantly they are a source of raw materials for the countries expanding economy. In the recently completed climatic change talks in Copenha ...

Economy of European countries varies greatly: from industrial economy of Western European countries with high Gross Domestic Product (GDP) and high living standards to Southern agricultural and Central former communist countries that now suffer the most from economic crisis. Many Eastern European economies are now in the development state, after passing transitional period from the former USSR command planned economy to the market regulation. “The European Union, made up of 27 member countries, evolved out of the European Coal and Steel Community, formed in 1950 by Belgium, France, Germany, It ...

Change in any organization is important for development and especially to bring in profits for a business. Kudler fine foods Virtual Organization is a well-established business with exemplary profit margins, but to heighten the profits some changes can be made. This proposal is to urge the manager of this organization to willingly accept a proposed project that will bring changes to the sales department. The sales department is largely involved in ensuring that necessary measures are put in place for more customers to purchase their food from this organization. More efforts on this proposed ch ...

The initial deployment of cellular mobile phone services network in the early 1980s in the United States marked a major milestone in the evolution of the telecommunications industry (Pahlavan & Levesque, 2005). The development of the cellular systems concept and the widespread deployment of cellular service networks provided an efficient integration of radio technology with the vast public switched telephone network thus providing customers with the mobility and convenience of access to at least basic telephone service (Pahlavan & Levesque, 2005). A brief history and evolution of the Industry ...

A subprime mortgage can be expressed as a loan that is loaned to customers who have poor credit backgrounds; thus, their qualification to conventional mortgages is limited. Ideally, subprime mortgage charges interest rates, which are escalated, above the normal rates. This is provoked by the increased risk associated with such venturing with such clients. Among the types of subprime mortgages, adjustable rate mortgage is the most common. The start up interest rate is low but later follows increasing rates. Therefore, unless the client is well explained it can result to misunderstanding. In the ...

Environmental issues continue to feature in every media house and in debates that have been conducted in different forums. Among the places that these issues have featured are the Senate, the Congress, world leaders’ meetings, etc. Top on the list of environmental issues is global warming. There are arguments that global temperatures have continued to rise each and every year resulting in drastic environmental and climate changes. This has raised concerns on the future of the globe, and life on earth in general. As a result of this, there are actions plans that are being pursued across the glo ...