Social And Economic Implications Is Represented By Karl...

Social And Economic Implications Is Represented By Karl...
One of the philosophical concepts which managed to mark the world and its history through its deep
political, social and economic implications is represented by Karl Marx's principle of alienation. A
very harsh interpretation of the social and economic reality which he lived in, this theory was the
basis for new political ideologies which, unfortunately, latter in time led to consequences that Marx
would have surely disapproved of. While his view was socialist, the philosopher also supported the
existence of a political democracy. On the one hand, the individual had to be helped in his
endeavours and be provided with all his rights and liberties. On the other hand, the individual had to
assert his freedom through the exercise of his rights. In other words, humans must be aware of their
own condition as well as of the world which surrounds them and the facts which occur, decide what
are the best actions to be performed and last, but not least perform them. Alienation, definition The
alienation is a process through which things which belong together through their nature get to be
separated. The term is used in order to describe the actions through which a relation of antagonism
is created between entities which would normally coexist in peace and harmony. Marx applies this
concept in a specific area and he states that what occurs in today's' world is a general estrangement
of the people caused by the capitalistic society. In order to better understand how this occurs, we
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The Economic Implications Of The Civilization Of India
One of these complications was their Economic instability. Following the partition, the first
consequence, was the uneven distribution of area and population. India was burdened with with 82%
of the population and only procured 77% of the total area. The remaining 18% of population along
with 23% of the total area went over to Pakistan. However, it is only when we look at the way in
which the agricultural resources were distributed, that the real loss that India experiences become
evident. Respective of the partition, 84% of the diffused area was handed to India, while the
remaining 16% went to Pakistan. Although Pakistan got slightly less than what its population would
demand, they more than made up for it, through the benefit of irrigation facilities. Out of the 70
million acres of irrigated land in the undivided country, 67% (48 million) went to India and 33% (22
million) went to Pakistan. Ergo, 45.2% of the total area Pakistan dominated, was made up of
irrigation works, the reciprocal percentage in the Republic of India was only 18.9%. Pakistan, not
only received a larger share of irrigated land, but also, India had the percentage of irrigated land that
was only of protective nature (eg. they were only in place as last resort in times of famine conditions
as opposed to feeding the entire population). This was especially so of the irrigation land in the
South of India, notably in Bombay, Mysore and Madras. The partition, therefore, hauled India to
have greater dependence on the whimsical of rainfall, reckoning for the their annual fluctuations in
agricultural production. This was detrimental to India's well being as even before the partition, India
had a shortcoming in food, more specifically grains. This partition only further aggravated the
problem. This can be seen through India having 82% of the population, but only producing 65% of
the total crops. This was not so for the Pakistani population as they produced about one million
tonnes of surplus food. The partition was therefore conducive in precipitating a net loss of 700,000 –
800,000 of annual supply in the Indian union. Additionally, the partition also initiated a severe
shortage of raw cotton and raw–jute as well. This effected the Indian economy

Economic Implications of National and Private Health...
Currently in the United States, acquisition of affordable health insurance plans through employers
and private corporations is one of the main topics in the political landscape between liberals and
conservatives. The traditional way of obtaining health insurance is either by subtracting a certain
amount of payout from one's salary/paycheck or pay out of pocket. However, many people do not
have access to health care because of the high costs associated with poor insurance plans that require
individuals to pay high premiums and deductibles, which may or may not contain good benefits
such as free preventative care. In addition, due to the past economic recession in 2008, many
employers could not afford to pay for health benefits and ... Show more content on Helpwriting.net
...
Census Bureau, 2012). Due to the high amount of people who are not insured and require medical
assistance, whether it is crucial or non–crucial, refer to the ED to obtain the needed health care
because the ED cannot turn down anyone who requires medical attention.
This overarching problem has significant economic implications in America where the costs to
provide healthcare are high and the overall organization between national/private insurance and
hospitals/clinics is highly inefficient. With all of these issues plaguing the national economy with a
financial structure that is in disarray, one would question how America's health insurance developed
into a severe problem both from an economic and individual perspective. To understand how and
why the current health insurance system is causing many problems to society and the economy, a
historical observation is required.
Starting in the mid–19th century, the earliest form of health insurance was incepted by the Franklin
Health Assurance Company in Massachusetts in 1850 where it provided accident insurance related
to injuries from railroad and steamboat travel. Health insurance was slow to form and was not
formed until the 1930s (Yale Journal of Medicine & Law, 2009). Before the early 20th century,
health insurance was not commonplace because of poor healthcare quality, which pushed people
away from hospitals due to its unreliability.

Socio-Economic and Ethical Implications of Advertising – a...
Socio–Economic and Ethical Implications of Advertising – A Perceptual Study
Dr. Raghbir Singh* Sandeep Vij** Abstract Depending upon the public opinion about the social,
economic and ethical aspects of advertising, the marketers and the public policy makers should take
different stances on how advertising should be treated. The study has analyzed in detail the public
response to the issues like: 'Targeting Children in Advertising', 'Use of Sex in Advertisements',
'Promotion of Materialism through Advertising', 'Use of Comparative Advertising', 'Ethics in
Advertising', 'Use of Celebrities in Advertising', 'Economic Effects of Advertising'; and 'Public
Policy on Advertising'. The population for the study comprised a sample of 900 ... Show more
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E–mail: profsandeepvij@gmail.com
Part I – Social Responsibility, Ethics & Marketing
Previous Research Beliefs are the foundations of attitudes that consumers form about advertising.
Attitudes toward advertising are operationalised and measured by positive or negative beliefs about
advertising. Conceptually advertising beliefs and attitudes are different, but because of their direct
and close connections, practically they have been treated interchangeably in the previous research.
In the past, the perception of the consumers regarding social, economic and ethical aspects of
advertising has been measured in the form of beliefs and attitudes toward advertising. The
researchers have tried to measure attitudes towards advertising taking different types of samples.
Greyser and Reece (1971) surveyed 2700 Harvard Business Review subscribers in order to examine
their attitudes towards advertising. Rotzoll and Christians (1980) investigated 123 employees of four
advertising agencies about ethical issues in advertising. Many studies have explored the attitude
toward advertising among student samples (Larkin, 1977; Sandage & Leckenby 1980; Dubinsky &
Hensel, 1984; Muehling, 1987; Ramaprasad & Thurwanger, 1998). Zonot (1984) and Mittal (1994)
studied attitudes towards advertising among adult

The Social, Economic, and Political Implications of the...
The history of the conquest and colonization of the Americas is very complex. The social, economic,
and political issues and circumstances that took place many years ago are the foundation of who
America is today. Most Americans do not realize how many people were affected by immigration, or
understand the real struggles and sacrifices that the indigenous people and the colonists made for the
freedoms we have today. During these historical events, many cultural, social, and economical
events were impacted. Historical Contributions or Achievements The first American inhabitants are
believed to have migrated from Asia about 18,000 years ago. Many societies were built, and
civilizations were formed by the Aztec, Olmec, Mayan, ... Show more content on Helpwriting.net ...
Meanwhile, many people were killed or running for their lives. In1924, when the Border Patrol was
created, immigration was never viewed the same again. In 1929, the Stock Market crash, which was
the start of the great depression, and ended in 1941 with America's entry into World War II. There
were many other life changing events that have impacted the world not listed here, but with these
political, economical, and territorial changes, there comes displacement, poverty and many other
social changes, also. These changes are still impacting America today. (Carter, 2005). Impact on
Cultural Identity The cultural of indigenous and immigrant people have been greatly impacted by
America's historical events. The descendants of Spain and Mexico immigrants have since been
subjected to many cultural struggles. Today, many Chicano Americans do not know their heritage, or
do not identify with their ancestors. Traditions and customs are lost from one generation to the other.
Many victories were won in the name of Religion. Religion has also played an important role in the
history of America. The colonists came to America in order to have religious freedom, yet they
imposed their religion on the indigenous peoples. The colonists had religion in common; they
identified themselves as "Christians". The indigenous peoples were viewed by colonists as savages,
and to try to civilize them. Many were killed, chased from their land, or taken into slavery (Noriega,
2010).

The Kentucky Derby: Implications and Economic Indications
Notoriously the most famous horse race in the world, the Kentucky Derby is also one of the most
interesting economic markets. With millions of dollars flowing into this race for three–year–old
thoroughbreds, this unique event is historically an indicator of economic success and growth.
Thoroughbred horses are costly and unpredictable investments. The prices paid for a thoroughbred
reflect the general willingness of horse owners to take risks and therefore a forecaster of the risk–
taking atmosphere of the country in general.
The cost for a Kentucky Derby horse can range greatly, with the most expensive winning derby
horse having a purchase rate of $4 million USD (ESPN). In 2014 the median cost for a derby horse
was $200,000 USD. A winning horse can have returns of up to three or four times their worth. In
periods of economic downfall such as the recession of 2008 the Kentucky Derby also experienced
lowered median prices of thoroughbreds, and in periods of economic growth prices have
traditionally soared (Business Insider). The market for thoroughbred racehorses is one with inelastic
supply, because there is only a relatively small fluctuation of horses bred each year, and elastic
demand. Demand is elastic in this market because it fluctuates with the wealth of purse holders.
When money is scarce people become more risk averse which causes large investments, such as
racehorses, to be much more rare. Most people are risk averse, which means that they stray away
from

Asean Economic Community (Aec) 2015 and Its Implication on
ASEAN Economic Community (AEC) 2015 and its implication on APEC[1] Kuboon
Charumanee[2]
The Association of Southeast Asian Nations (ASEAN) has been the representative of regional
economic cooperation and integration among developing countries. As part of the structural changes
of the world economy, ASEAN has implemented intra–regional economic cooperation since 1976.
The new goal is the establishment of the ASEAN Community which consisted of three pillars;
ASEAN Political–Security Community, ASEAN Economic Community, and ASEAN Socio–
Cultural Community. Since ASEAN has also been an important axis of regional economic
cooperation and free trade agreements (FTA) in Asia and Pacific's. A big step toward realization of
ASEAN ... Show more content on Helpwriting.net ...
The ASEAN Economic Community (AEC) is one of the three ASEAN Community Councils. It's
goal is to seek regional economic integration by 2015. The areas of cooperation include human
resources development and capacity building recognition of professional qualifications consultation
on economic and financial polices trade financing infrastructure and communications connectivity
electronic transactions through e–ASEAN industrial integration to promote regional sourcing
enhancing private sector involvement for the building of AEC
In short, the AEC will transform ASEAN into a region with free movement of goods, services,
investment, skilled labor, and freer flow of capital.
From ASEAN to AEC
A key characteristic of the AEC is a single market and production base. Progress was made in this
area with the signing of three key agreements: a) the ASEAN Trade in Goods Agreement, b) the
Protocol to Implement the 7th Package of Services Commitments, and c) the ASEAN
Comprehensive Investment Agreement, at the 14th ASEAN Summit in Thailand, 2009. These
agreements provide a streamlined, consolidated, predictable and transparent set of rules to achieve
the goal of a single market and production base by 2015.
Building a highly competitive economic region is another prominent feature of the AEC. To promote

Economic And Social Implications Of High Inflation Essay
What are the negative economic and social implications of high inflation?
Introduction
Inflation has always been a common economic phenomenon in a number of countries around the
world. In particular, some emerging and transitional economies, namely Russia, Poland and
Venezuela, have been suffering from significantly high inflation and severe economic crises. In this
essay, the unfavourable economic and social performance caused by high inflation will be discussed
and illustrated of the well–known financial crisis in Venezuela since 2013 due to the downturn in
global oil prices.
Definition
It appears that the definition of the word "inflation" in economics has changed over time. According
to Webster's New Universal Unabridged Dictionary (Webster, 1983) the definition of "inflation" is:
"An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall
in its value and rise in prices: it may be caused by an increase in the volume of paper money issued
or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the
demand." Tim Mcmahon (2010) noted in "the Real Definition of Inflation" that monetary inflation is
an increase in the money supply which generally results in price inflation. In modern usage,
inflation is commonly defined as a rise in the general level of prices of goods and services in an
economy over a period of time. Price inflation can be measured by the inflation rate, which is the

The Economic Implication Of Walt Disney Co. Disney
The Economic Implication of Walt Disney Co. Disney is a topic that is well known not to only most
children of the world but adults as well. And has been a part of families' cherished movies,
possessions, and memories for generations many times to come. As we all know Disney is a multi–
billion dollar company. They produce everything from the movies, tv shows, to Disney Parks,
Disney Resorts, Cruises and Etc. with all these outlets are spread all around the world from
Shanghai, Honolulu to Orlando just to name a few. Movies and amusement parks have been
contributing to the economy for almost seventy–seven years and are still going on strong. Disney
World and resorts alone account for 2.5% of Florida's gross domestic product about 18.2 billion
dollars in annual economic activity as well. Disney, as we all may know is one of Florida's greatest
attractions. For instance according to the Disney Blog ''What Disney saw in 2008 was those who
drove tended to stay in Orlando a day or two longer on average. But they didn't travel as frequently
throughout the year, rather they saved it up for one long vacation. This means that the number of
visitors to the parks only declines slightly, and it also tends to spread the visits out over the whole
year. That's the pattern we saw in 2008 and 2009 and the pattern we're seeing now.''Disney world at
Florida offers jobs and charges price, two thousand six people almost daily not to mention it is even
higher during holidays and vacation break. In

History of Chemistry and Nanotechnology Essay
What exactly is, Nanotechnology? Nanotechnology is the science of the very small and involves the
manipulation of matter at the atomic or molecular level. Also, Nanotechnology does involve atomic
manipulations and assembly to achieve predetermined properties and functions for the task it is
assigned. Nanotechnology is not all that new technically, from a natural standpoint, but from a
scientific standpoint it very much is. Many things in nature coincide with the application of
Nanotechnology that we wish to use and achieve. For example, all biological cells use self–
assembling materials that are crucial for things like flexing muscles or breathing and respiration.
Nano materials are used in man–made materials in the present too. For ... Show more content on
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But, it is already in use and rapidly growing and expanding. The only real obstacles are creating
small enough and efficient, self–sustaining components for the Robotics applications and just the
general overall synthesizing of the materials themselves. Now, there are opposing variables to Nano
Technology use that would affect the operation of said materials. For example a Nanometer Robot
would presumably have a difficult time accomplishing its task in an environment that is hostile to it.
Also, the possible inhalation of these particles could be similar to inhaling Asbestos. The most
prevalent issue is that nanotechnology is very expensive and developing it can cost a lot of money. It
is also pretty difficult to manufacture, which is probably why products made with nanotechnology
are more expensive.
My personal opinion on this topic is very positive. I believe these small microscopic materials can
revolutionize the way we do and produce things. Granted, nothing is perfect and there are very
negative downsides, but also a lot of very positive things in this area. They can help synthesize
energy and resources and produce stronger, lighter and more capable materials. In the end, I am very
curious on what the future will hold for these small materials. Nanotechnology is a huge area which
is gaining greater importance day by day. Many products using or made through nanotechnology
applications are already on the market, and the common opinion

The Digital Revolution Implications Of The Economic System
Mason believes that the economic system has reached a pessimistic stage; the same social and
economical issues still persist and might have worsened in some cases. Inequality keeps growing in
the US; from 1979–2007 the bottom 20 percent experienced 44% change in average income, while
the top 1 percent experienced a change by 314%. "Household debt in the US remains higher than it
was for almost all of postwar history and student loan debt now exceeds credit card debt, auto loans,
and other nonmortgage debt" (The Rise of Household Debt, 2016). NASA's temperature data keeps
showing rapid warming temperatures and the same data showed that the last decade has been the
warmest on record.
In his book, Mason sighted three main digital revolution ... Show more content on Helpwriting.net
...
If enough companies follow the same strategy this can promise a hopeful future for corporates and
the society in their fight against poverty and wealth gap.
Second implication that Mason argues, "information goods are corroding the market's ability to form
prices correctly". It is true that we are in the age of collaboration, globalization and connectedness.
However, it is unfair to expect an individual to get motivated to remain passionate and professional
about their work when they are not rewarded for it. I think such practices led to undermining
information's credibility and taking and its availability for granted. Unfortunately we witness the
ramifications almost on daily basis. Some online news outlet headlines are mutilated with click baits
just to get people excited about it, a desperate measure to generate revenues.
I understand that people nowadays are more comfortable engaging in an aesthetic experience rather
than processing information by reading. Reading long text is more tedious than ever, things have to
be concise and relatively shallow. However, when humanity reaches a stage where people are
constantly struggling with "information overload", we must have some serious reflecting to do. I
think this challenge needs to be addressed first from homes; kids can't be watching so much TV as
they do now and reading needs to be made cooler and not just a "pretentious" habit.
Lastly, Mason argues, "Goods, services and organizations are appearing

Appropriate Limited Attention
1 Why limited attention is a concern? Attention is a basic phycological feature and prerequisite of
individual's decision making but no purely an economic problem. However, any forms of
(in)attention might be the cause of misleading information processing and pseudo reference point
which have enormous economic and financial implications. Behavioral models of heuristics and
biases are closely related to the variety of attentive behaviors such as divided attention, selective
attention, limited attention, relative attention, revealed attention, and so forth. The limited attention,
one of the special category of inattention, has increasingly been studied in economic and marketing
research to explain its formation under different contexts, and its implications on decision models. ...
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It is an ultimate consequence of the huge volume of accessible information. Several decision biases
such as heuristic thinking, narrow framing, or choice bracketing are the consequences of limited
attention. Psychological literature has identified two basic features of human information
processing: i) selection of the set of items and ii) the processing of selected items by allocating
limited mental resources (Pashler, 1998). Consider a situation where a student focuses on
understanding the academic implications of taking PhD–level courses in the very first semester, s/he
may be unable to focus on dissertation research carefully at the same time. Additionally, attentional
biases can influence individual's beliefs which depends on the memory and salient information
processing (Tversky and Kahneman, 1973). Therefore, limited attention would be a special case of
divided attention under heuristic thinking and information processing (Lacetera et al.,

Essay on Globalization
Globalisation is a multi–dimensional manifestations, a process of interaction and integration within
the world, and is a highly discussed and contested topic in today's context. Globalization includes
aspects like: economics, politics, ideas, knowledge, culture, society, environment, health, social
etcetera. Though globalization can be traced back into time immemorial, but the extent and
magnitude of present globalization is unprecedented. The integration and interdependence of
globalization implies that today local event can have global impact and vice–versa. With the
ongoing globalization process, it raises concerns about international security. Academic debate of
whether globalization is bringing more security and stability or it is creating more security concern,
is on. Globalization in one hand offers possibility of economic development, stability, political
liberty and peace but it on the other hand raises precarious vulnerabilities and thus offering violence
and instability. The international relation theorists are also divided on the issue of impact of
globalization. Realism and Neomarxism offer negative view about the effect of globalization on
security. On the contrary, Neoliberals and Constructivists treat globalization as a positive contributor
to the security and stability. Globalization being a vast topic with multidimensional impact on
international security is difficult to accommodate within this essay. Therefore this essay will
highlight economic

Economic Cost Of Sexual Violence
Economic Costs
Sexual violence has an economic cost for survivors as well as the community. Sexual violence
increases health care costs, criminal justice costs, and other system costs, and lowers worker
productivity.
Studies have found that sexual violence and related trauma can disrupt a survivor's employment,
including needing time off from work, decreased job performance, job loss, and inability to work.
Reducing earning power has long–term implications for a survivor's economic well–being. This
disruption could lead to economic insecurity in the face of added costs related to healthcare and
other expenses as a result of the assault.
One study has estimated that in the United States, rape and attempted rape have an economic impact

Social, Political And Economic Implications Of Money
Throughout the course of this semester, we have examined the role of money in our society and
have been introduced to scholars and economists that have offered rationale for the social, political
and economic implications of money. One overwhelming theme that has lingered throughout most
of the readings and lectures is the idea of inequality, particularly within the scope of the American
economy. While other economies such as China or India are labor–based economies, I have found
that America's Capitalist economy is fueled by multiple facets racial inequality. The moral argument
against racial inequality under an economic lens is simple yet, expected; when we deny
opportunities for people of color in the same way we have them established ... Show more content
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Black men are being denied the chance of a full life with all of the rights; privileges and
opportunities of white men and similarly, the families/communities from which they come from are
also at a significant disadvantage. A National Bureau of Research study found that Black families
between 2004–2008 were 54% more likely to be charged higher on their mortgage rates than white
families. This fact alone drives two main issues I will explore in this paper: the implications of
socioeconomics and how inequality drives the American economy through the lens of mortgage
lending.
One theorist I will use to explore these ideas of inequality is John Maynard Keynes. Keynes argued
that capitalism is "a mere congery of possessors and pursuers" (Keynes 60) and he also asserted that
"economic output is only based on the aggregate demand". Between 2004–2008, when Black
families were getting charged higher interest rates on their homes than white families with similar
incomes, large banks were pocketing millions of extra dollars from these families as many of the
rates today would have been considered "sub–prime rates".
This predatory act placed against people of color encouraged classism and as a result led to negative
socioeconomic outcomes moreover, the notion of "white

Virgin Australia Current Economic Activity And Future...
Virgin Australia current economic activity and future implications
Virgin Australia is a rival airline to Qantas. Virgin Australia started in the aviation industry in the
year 2000. The current position of the airline is better than the previous financial year of 2014. This
report will focus on current financial results and position, the capacity, network and pricing, current
equity structure and future direction. The loss before tax has been minimised by $162.7 million to
$49.0 million. Furthermore, return on invested capital has improved to 6.1% in contrast to 1.4% the
year before. Virgin Australia domestic improved on their earnings before tax and interest from
financial year 2014. This trend is said to echo in the future leading to ... Show more content on
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This provides Virgin Australia with a positive outlook of the future. The international sector of
Virgin Australia during financial year 2015 was not so forgiving with a loss of $68.9 million. This
was $22.8 million worse than the previous year. The domestic sector has improved greatly however
the international sector has fallen into a loss larger than the previous year. Virgin Australia
international improved by $2.4 million after making some minor changes to international business
class. The operating cash flow of $218 million has improved by $226 million from previous year.
Moreover, domestic unit revenue has improved by 3.5%, cost savings target for financial year 2017
has increased by $0.2 billion from financial year 2014. The closing cash balance of $1.03 billion
signifies the improvement from financial year 2014. Yield has grown by 5.2% over the past financial
year. The outlook statement, as quoted directly from the ASX Virgin Australia Financial year 2015
Results Presentation, states that "based on current market conditions, all fundamental business
metrics are on track for the Group to return to profitability and report a Return on Invested Capital
in line with its cost of capital for the 2016 financial year." Virgin Australia is planning to improve
their fleet and meet customer's needs by improving their international network.
For financial year 2014 the total revenue was $4306.6 million,

Eco 561 Economic Choice And Economic Decision Making...
Economic Choice and Economic Decision Making
ECO 561
Nathaniel Madlock
Prof. Harry Dzakwasi
August 8, 2016 Economic Choice and Economic Decision Making
The paper seeks to determine and understand the economics factors, which affects the decision–
making in the purchase of a vehicle. First, interest rate and the cost of financing are a major factor in
influencing the purchase decision. The interest rates affect the nature and implications of the loan
financing the purchase of the vehicles (Allcott, & Wozny, 2014). It is important for the buyers to
assess the nature and implications of interest rates and cost of financing which include the cost of
capital in external borrowing of funds to fund the purchase.
During the period, I paid ... Show more content on Helpwriting.net ...
Surprisingly, the numbers for alternative–fuel vehicles were lower. Respondents own an alternative–
fuel vehicle and are planning to buy or thinking seriously about buying one (Ballestero, & Romero,
2013). The most common type of alternative–fuel vehicle represented in the survey was gas
electric–hybrids, named by about half of current alternative–fuel car owners.
There exists the various ways which are critical in which the purchase indicates that one price of the
circular flow model of the economy activity. The analysis of the households is critical in
understanding the pricing of the vehicles. The ability of the households to afford the vehicles is a
major consideration in understanding the overall investment and financing program to influence the
pricing (Allcott, & Wozny, 2014). Other parts include the firms and government intervention, which
are critical in minimizing the costs of purchasing a

Explain The Nature Of Economics
Economics Essay
Explain the nature of economics
The nature of economics is essentially the study of the economy and how to solve the problems it
poses. Economics includes the concepts of the economic problem, scarcity, the need for choice,
opportunity costs, future implications of current choice by individuals, businesses and governments
and economic factors underlying decision making by individuals, businesses and the government.
The nature and study of economics is ultimately about trying to solve the economic problem. The
economics problem, put simply is a about trying to satisfy unlimited wants, with limited resources –
scarcity. Due to the fact society has become more materialistic, societies wants are never–ending.
When one want is satisfied, another one comes along. All these wants cannot be simultaneously
satisfied as resources are scarce and limited, unlike the wants. Individuals cannot obtain a
satisfactory amount of capital and consumer goods, because their desires are never ending. For
example, wants include, cars, clothes, phones, holidays and shoes. The economic problem affects
lower income individuals compared to ones that earn higher incomes as they may possess the
resources to satisfy more wants at once. The concept of scarcity is at the core of economics. The
effects that the economic problem has on all levels of society are detrimental and can only be solved
by obtaining more resources.
As a result of the economic problem, the nature of economics also

What Are The Economic Implications For The Australian Economy
Discuss the economic implications for the Australian economy of Australia's continuing current
account deficits Australia has a long history of large and persistent current account deficits. During
the 1960s the current account deficit averaged the equivalent of 2 per cent of gross domestic
product. The CAD rose considerably, due to the floating of the Australian dollar and the opening of
the capital account in 1980s, and by 1990s CAD has sustained around an average of about 4.5 per
cent of GDP. However, in recent years the deficit has been falling and in 2011 it was just 2.25 per
cent. The decline in the CAD has been affected by what is happening to the nation's levels of saving
and investment. The level of Australia's national ... Show more content on Helpwriting.net ...
Whether a recession or upswing occurs, the BOGS will adjust to the economic activity. Australia's
narrow export base is one structural factor affecting BOGS. Australia's main exports are mainly
coal, beef, iron ores and wool. Despite Australia having a strong manufacturing sector, many
countries such as China are able to produce goods more cheaply. If many countries can produce the
same goods at a cheaper price, it affects the rate of Australia's exports. .... The net primary income
account, in the balance of payments, plays an ongoing part in the cause of Australia's current
account deficit (CAD). This occurs mainly due to the fact that the net primary account is comprised
of payments of interest and dividends on Australia's net foreign debt and equity. In 2011–2012, it
was equal to a deficit of 3.1% of GDP; however it is expected to increase in the future due to large
returns to overseas investors in Australia's mining industry. Cyclical and structural factors affect the
net primary income account which has a great influence towards the CAD. The relative size of
Australia's interest repayments overseas is the major cyclical factor affecting the CAD through the
net primary account. The changing value of the exchange rate and lead to the valuation effect, where
the Australian dollar value of debt denominated in foreign currencies will alter. Hence is there were
to be a depreciation of the Australia dollar in global

Globalization, Russia, And Morocco 's Economies
Since the 1990's and the rise of globalization in the 1970's, neoliberal economic change have
transformed transnational markets and contributed to many social implications. This paper will
explore the impacts as well as the factors that contributed and shaped the global economic changes
in the post–Cold War era. This paper will also explore globalization and neoliberal economic shift
through India, China, Russia, and Morocco's economies. This paper argues Thomas Friedman's view
that while economic shifts are decisions made by individual economies, at the same time were
inevitable, as to compete in the global market it is necessary to partake in neoliberal economies.
This paper also discusses the idea that globalization is merely an extension of colonialism and
imperialism and that impact on developing nations and economies through their interactions with
the Washington Consensus. The factors that contributed to economic change were extremely
intertwined with the Washington Consensus and globalization. The end of the Cold War contributed
to the multipolarity of how the states now interact. By opening up free markets, states were then
able to shift they economies and become more global where as before they were limited to
communism and capitalism. The neoliberal ideological shift from created the multipolarity of the
world today by the creation free markets. The Washington Consensus was a policy implemented
which contributed to market fundamentalism as we know it today. The

Discussing The Implications Of Economics For The Apn
The advanced practice nurse has many roles in the facility they work. One role the advanced
practice nurse (APN) may have to be responsible for is reading and interpreting financial statements
(Finkler, Jones, & Kovmer, 2013). The APN must have an understanding of the financial status of
their organization in order to assist in making improvements with the company. The purpose of this
paper is to discuss the implications of economics for the APN, significance of selected financial
statements, put ratio analysis into practice, and evaluate the financial status of a given hospital.
Implications of Economics Advanced practice nurses are held responsible for assessing, diagnosing,
treating, and educating patients. How effective the APN utilizes their resources is measured through
the economic status within their facility (Manion & Odiaga, 2014). By being aware of supply and
demand within the organization, the APN can accommodate to the needs of the organization and the
clients. For instance, the APN discovers less patients are seen on Wednesday and adjusts staffing to
be more economically sound by scheduling less employees to work. According to Manion and
Odiaga (2014), APN's have made a huge impact on cost to medical insurances. The cost adjustments
come from the APN utilizing lower cost treatments and from providing better education to the
patient and family. Significance of Select Financial Statement The selected financial statements are
financial position, operating, and

The Global Economic and Political Implications of the...
Introduction
The year 2014 is an important year for South Africa. The first elections after the death of South
African ex–president Nelson Mandela will take place and after twenty years of democracy, the
world will be watching us again. The world holds much interest in the economy and politics of
South Africa as was discussed in Appendix A and Appendix B and it is safe to assume that the world
is a stakeholder in the politics and economy of South Africa.
The purpose of this essay is to explore the world's stake in South Africa, its nature and what
implications the 2014 elections has on it. I will be exploring the South African mining industry by
looking at the current platinum strikes and its implications on foreign investors. I will be ... Show
more content on Helpwriting.net ...
Department of Trade and Industry, 2013). This means that whatever changes are made or issues arise
in the South African government regarding mining and farming for example, will be in the interest
of the Chinese government. An example of such interest by Chinese investors can be seen in the
current platinum strikes. South African exports mainly minerals, particularly platinum and gold and
is very vulnerable to changes regarding demand and prices in the international commodity markets
(South African Reserve Bank, 2014). South Africa has lost billions in the mining industry due to
strikes which is causing favourable conditions for Chinese investors to acquire assets at cheaper
prices (www.bloomberg.com, 2014). The strikes are estimated to run into the election period causing
China and the rest of the world with a stake in South African mining to pay close attention.
According to the South Africa metals report, the immediate threat to the metals industry in South
Africa is the disruption of raw material supplies due to strikes in the mining industry
(www.businessmonitor.com, 2014).
In a speech given by President Jacob Zuma in February 2014, the president stated that the country
has intervened in the mining sector because of its importance as a key job driver (Zuma, 2014). The
president also stated that mining is South Africa's biggest earner of foreign exchange (Zuma, 2014).

Economic, Territorial, And Asean Implications Of India 's...
SECURITY STUDIES
4100
7 December 2016
Economic, Territorial, and ASEAN Implications of India's Act East Policy
Maj Edward S. Mcdonough USMC
CG 2
In 2014, India's Prime Minister Narendra Modi announced that while India's "Look East Policy"
(LEP) was successful, an upgrade to a more action–oriented policy was in order. In an effort to enact
this change, Prime Minister Modi announced at the 2014 India–ASEAN summit in Myanmar that
the LEP would change to the "Act East Policy" (AEP). However, India has not yet published the
overarching strategy and much discussion and debate regarding the nature of AEP's strategy is
presently taking place. This may be for because India, herself, is not yet sure of what exactly the
AEP is, or it may be that India is purposefully keeping the tenants of the AEP ambiguous for
security reasons, as she is want to do historically. Despite India's lack of transparency in AEP's true
nature, her recent shifts in regional engagements to the South China Sea, as well as national
declarations help shed some clarity on the AEP's goals. What is clear, however, is that the adoption
of the AEP will influence the South Asian region in three critical areas: regional economic
arrangements, regional maritime matters, and the Association of Southeast Asian Nation (ASEAN)
as a whole.
Economically, part of the AEP is to secure India's economic interests well into the future. Securing
her interests require her to become

Implications Of Economic Globalization
Economic globalisation is a multi–dimensional process based on the continuous integration between
domestic economies along with the increased impacts of international influences on all aspects of
economic activity and general life. The process of globalisation is extensively characterised by:
An acceptance of a set of economic agreements by the entire consolidated world economy, designed
to maximise profits and productivity by universalising markets and production, and to obtain the
support of a nation with a view to its economy becoming more productive and competitive (R.
Urzua, 2000).
"technological innovation and organisational change centred on flexibilisation and adaptability; the
expansion of a specific form of social organisation based on information as the main source of
productivity and power." (R. Urzua, 2000)
And primarily comprises the globalization of production, finance, markets, technology,
organizational regimes, institutions, corporations, and labour (James et al., vols. 1–4 2007).
While economic globalization has been expanding since the emergence of transnational trade, it has
grown at an increased rate due to an increase in communication and technological advances under
the framework of the General Agreement on Tariffs and Trade (GATT) and World Trade
Organization (WTO), establishing the gradual decline in trade barriers. (Gao 2000) This recent
boom in economic integration has been largely supported by developed economies integrating with

Business Environment & Economic Systems, Fiscal & Monetary...
Task 1:
a) Explain how different economic systems attempt to allocate scarce resources. Outline the
economic system of the UK.
The allocation of resources is an economic theory concerned with the discovery of how nations,
companies or individuals distribute economic resources or inputs in the economic marketplace.
Traditional business inputs are land, labour and capital.
There are three major systems that can be distinguished in many parts of the world economy within
these basic models there will be a range of variations and differences.
Planned (Command) Economy
An economy where supply and price are regulated by the government rather than market forces.
Government planners decide which goods and services are produced and how they are ... Show
Democracy and Freedom
Disadvantages
Wasting resources through duplication of goods and services
Inflation and unemployment are more likely
Aggressive competition strategy can result in powerful producers wiping out local competition and
local jobs. They are then able to exploit the market.
Firms control prices and therefore resources are not used in the most efficient way
Possibility of large inequalities amongst consumers resulting in certain goods and services only
available to those who can pay
Profit maximisation might be achieved through lack of concern for society and the global
environment
Mixed Economy
A Mixed economy employs features of both government/planned economy and a free market
enterprise, where some important production is undertaken by the state, directly or through its
nationalised industries and some is left for private enterprise. It is a type of economy in which
private and public sectors co–exist and try to retain the advantages of capitalism and socialism while
trying to eliminate the downsides of both the systems. The allocation of resources is created through
the self–interest, competition and supply and demand of individuals and companies in the economic

marketplace. Individuals and companies distribute resources through self–regulation by using only
the inputs they need and selling or giving away their leftover

Economic Implication Of European Union 's Expansion
An analysis of economic implication of European Union's Expansion
European Union is the largest and most powerful economic alliance in the world. The European
Union has succeeded to considerably expand its influence in the past 20 years. The three models of
enlargement and the strengthening of the actual EU's economic along with political presence
throughout its neighborhood are among the most remarkable successes of its post–Cold War history.
The European Union is probably the key facilitators of stability within the Western Balkans; it
represents a good institutional and normative spine for Eastern Neighborhood countries and acts to
be a partner for a new thriving economic partnership with most of the Mediterranean states. In the
past ... Show more content on Helpwriting.net ...
Closer co–operation with all the EU and a possible accession to the community had been a common
strategic fundamental for people and European procedures vis–à–vis Turkey, the Western Balkan
countries as well as for the Far eastern partners. Besides NATO, the EU became the most robust
institutional link in transatlantic community –– a well acknowledged fact both in Brussels and
Washington. The EU – and a few of its new member states – also developed a substantial coercive
authority, because of the dominance in unusual trade, the area economic subsidies and within other
locations traditionally subscribed to soft power. Judging by these instruments, as well as increased
global weight, the EU could acquire a robust influence and a institutional credibility in its broad
local community.
The European Union (EU) has prolonged viewed the enlargement process as an extraordinary
opportunity to market political stability along with economic prosperity in Europe. Since 2004, EU
membership has produced from 15 to be able to 28 countries, earning most states involving Central
and Western Europe and gratifying an historic pledge to help promote the integration from the
continent by peaceful means. Croatia will be the EU's newest new member, acceding to the EU on
July 1, 2013. Analysts contend that this carefully managed technique of enlargement is probably the
EU's most strong policy tools, knowing that, over the many

Economic Implication Of Legalizing Marijuana Essay
Marijuana also called cannabis and some other names. It is greenish–gray mixture of the dried,
shredded leaves and flowers of cannabis sativa – the hemp plant.
The intended use of Marijuana is for medicine. It is often consumed for its physical and mental
effects such as relaxation and mild euphoria (the 'high' or 'stoned' feeling). It is also used for
spiritual or religious rites not to forget Cannabis tea (addition of saturated fat to hot water with a
small amount of cannabis) and edibles (where marijuana is an ingredient to one of a variety of
foods, including butter and baked goods).
There is a moral and ethical value placed on the restriction of Marijuana as it is seen as an illegal
item because of its effects when consumed or used. Legalizing ... Show more content on
Helpwriting.net ...
So many factors also need to be judiciously considered to effectively manage the economy against
the effects of marijuana consumption, so therefore the government should consider legal regulation
of marijuana.
The Economic Implication of Legalizing Marijuana Marijuana legalization is multi–faceted as it has
a ripple effect on all aspect of the economy from cultural, religious, health, etc. The effects of
legalizing marijuana cannot be over–emphasized in any economy as this paper will examine some of
the effects and which are as follows:
 Increase in Revenue through Taxes: The legalization of marijuana should be regulated with by
imposing tax on the usage and consumption. This will enable the government generate more revenue
through tax on the production and sales of marijuana because legalization of marijuana will lead to
increased consumption/usage.
 Employment generation: As a result of legalizing marijuana, the market for marijuana will
gradually increase with more investors and as a result more people will be required to work in the
marketing, distribution and sales of marijuana and related items produced with

Obesity : Social And Economic Implications
Obesity is an increasingly large problem in the entire world today. Not only in America, but weight
is increasing across the globe. There are major health, social and economic implications that impact
us all, not just those that are overweight. If you just look around, wherever you are, you typically see
quite a few people who are obese or morbidly obese. It is a sad but true fact in today's society. These
children are affected in schools throughout the country. Other children who are in average weight
ranges tend to bully, pick on, teased, and terrorized the heavier children. Children can be very mean
no matter the situation, some will do whatever it takes to find a way to harass you. So as a parent, by
letting your child become ... Show more content on Helpwriting.net ...
The results are startling. Those that were overweight from high school on were not as likely to have
had any more education, like college after they graduated. Overweight individuals have a lower
average income than those that are normal weights. They were also 50% more likely to not have a
job, be getting welfare, like food stamps, and free housing and not have a husband or wife. Being
obese or morbidly obese is very dangerous for one's health. They are more likely to have Type II
Diabetes, are at risk for stroke, heart disease and high blood pressure. When the body mass index, or
BMI gets higher, the risks for health problems gets higher too. Coronary Heart Disease is when
plaque build up in side the coronary arteries. This can reduce the blood flow the the heart and this is
very dangerous. This can also cause a stroke and a stroke can cause life–long disabilities or even kill
you. People who are on the heavier side tend to have problems sleeping at night, that is called
having sleep apnea. Sleep apnea is a sleep disorder in which the breathing is repeatedly stopped and
started. It's very dangerous because when it stops if it takes too long to start back up again you may
pass away in your sleep. With the correct treatments you could live a long life. Treatments include a
machine that delivers air

Implications Of Health Economics Concepts For Healthcare
Implications of Health Economics Concepts for Healthcare Chandra Chisholm Strayer University
HAS 510 Dr. David Tataw May 3, 2015 Value of Healthcare Professionals Healthcare is getting
gradually complex around the world. The need for technological development, economic support,
demographics changes and the study of diseases are shifting at a fast speed. There had been
numerous labors in describing collective capabilities and values within the healthcare organizations.
It is necessary for learning and training programs to be regulated based on the needs of the
humanities they support. Therefore, the institutions that are designing and delivering those activities
must take responsibility for the products they manufacture for the use of the society. Hence,
Academic institutions that are in charge of educating healthcare professionals together with their
various stakeholders must interact in collaboration to create actual and proficient strategies that will
promote suitable culture in the healthcare systems. Current medical education process has its origins
in the European institutions of higher learning that customarily cherished academic freedom,
sovereignty and self–regulating exploration over helping humanity and the job market. Based on
this, further efforts want an important shift in the viewpoint and procedures of success for
educational organizations. Instead of being single contributor, academic world should become the
chemical agent for change, and

The Effect Of Inflation On Economic And Social...
Introduction
Inflation is a sustained increase in the aggregate or general price level in an economy, which in turn
increases the cost of living. In the UK the rate of inflation has varied a lot from 25% a year in 1974
to the deflation in the 1920s and 1930s. (Economicshelp.org, 2016)
I will be briefly outlining the two different causes of inflation before analysing the negative
economic and social implications of high inflation. There's also other implications like political
implications and moral issues of citizens. I will also be demonstrating the implications in the case
study of Venezuela. The primary causes of inflation are either excess aggregate demand or cost–
push factors.
Figure 1 shows as the AD increases, the price levels also increase this is due to AD growing at an
unsustainable rate. This is called demand–pull inflation, the unsustainable growth puts pressure on
scarce resources and a positive output gap. This results when actual output Is larger than potential
output. Employees could be asked to work overtime. A positive output gap is identified with
countries like Argentina and Russia in the late 1990's or India and China now, these countries
economies are over heating because of a rapid and rising demand. As firms reach full employment
levels, the prices increase leading to inflation. Employees can get higher wages which increase their
disposable income.
Cost push Inflation is caused by supply side factors and occurs when prices rise due to high

Implications Of Health Economic Concepts Of Health Care.
Implications of Health Economic Concepts of Health Care Healthcare is an industry that
encompasses various factors to ensure that it's operating efficiently. Health care professionals have
an obligation to comprehend the role that health economics plays in regards to the demand and
utilization of health care. The government plays an enormous part in areas such as financing and the
delivery of care; therefore, the organization's decision maker must learn the economic functions and
its benefits to the health care sector. Delivering outstanding medical care is equally as important as
understanding demand and supply, available resources and the cost to provide care. Consequently,
the principals of health economics are essential to meeting the ... Show more content on
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According to Pendzialek, Simic, Stock & Pendzialek (2016), An example of price elasticity can
occur when the number or persons enrolled in a health plan changes when the cost of the premium
rises or declines. Unbeknownst to a majority of consumers, they play a bigger part in how the price
elasticity transpires and how their decisions impact the health demand curve. Health Measures The
two components that are used to assess health measures are morbidity and mortality. Morbidity is
the percentage of individuals diagnosed with certain conditions along with the number of
hospitalizations. Pregnancy has the potential cause other conditions that were not present before
conceiving. Diabetes and hypertension are two health conditions that can occur during pregnancy.
According to Kilpatrick & Berg (2016), Identifying morbidity in post–partum women can be based
on ICU admissions and blood transfusion that exceeds four units of blood. The more people with
ideal health will lower the morbidity rate, however as health declines and new conditions arise that
will contribute to an increase in morbidity rates. Mortality is not solely the totality of deaths it's the
number of people who die prematurely. The measurement of morbidity and mortality are imperfect
since all health professionals are not reporting the information; therefore, a strict protocol needs to

Arctic National Wildlife Refuge Economic Analysis
Economic Implications of Arctic Oil Drilling For more than a decade, debate over drilling for oil on
the Coastal Plain of the Arctic National Wildlife Refuge [ANWR] has continued unabated." This is
the opening line of the introduction to the commonly encountered ethical paradox of economic
interests versus moral interests. This paradox is steadfastly centered through the debate of oil
drilling on the Coastal plain of the Arctic National Wildlife Refuge. The debate is considered and
argued by diverse and infinitely intertwined societal organizations. The foremost of these
organizations include the United States Federal Government, the government of the state of Alaska,
various environmental groups, and the native populations of the region. Each of these groups have
deep seeded motivations and internalized philosophies underlying specific positional tendencies,
influences, and arguments. In considering this especially pervasive debate, it is these individual and
... Show more content on Helpwriting.net ...
The chief argument in support of the drilling for oil seems to be promise of economic prosperity in
the form of reduced foreign dependency, a significantly boosted United States Gross National
Product, greatly improved nationwide employment, and widespread individual economic betterment
in exchange for little negative environmental implication. The chief counter argument also seems to
be in favor of similar economic prosperity. However, this counter argument recommends much more
environmentally concerned means to obtain the same economic goals in the form of suggestions
towards improving fuel efficiency and pursuing other economically profitable means of reducing the
overall need for such environmentally harmful activities in the first

The South-African Socio-Economic and Political Context:...
1. Introduction In this assignment the student will be analyzing the broader national context and the
impact and challenges for social welfare services and social work in South Africa. This assignment
will include an analysis of 5 media clips, State of Nation Address by the President, Mr Jacob G.
Zuma and the Budget Speech by the Minister of Finance, Mr Pravin J. Gordhan. This is the
individual's analysis of the articles, which will further guide and add towards the group work
assignment. 2. State of Nation Address (RSA, State of Nation Address, 2012) The State of Nation
Address of South Africa 2012 was presented by President Jacob Zuma on the 8th of February 2012.
President Jacob Zuma identified the progress made as well as ... Show more content on
Helpwriting.net ...
He further stated that it will form part of the infrastructure project, also stated in the State of Nations
Address. There will be more schools, universities and hospitals build. Dr. Nzimande said that there
is a negative impression of colleges and that is because of the lack of finances, infrastructure and
relevant courses. The implications of the youth finishing their studies and gain more skills can
benefit South Africa in different work sectors and there will be skilled people to be able to do certain
work. If implemented as stated the challenge will be to create the opportunity for the youth to enter
the work sector. Without the availability of jobs, it is difficult to address the high unemployment rate
currently. The youth needs to be challenged and motivated by social workers and social welfare, to
further their education and to complete their studies, for them to have the opportunity to enter
different work sectors. 6. Article 3: "Politiek kaap gedeelde optog oor swak skool"(Jansen &
Claasen, 2012:20) In the Budget Speech (2012) Pravin Gordhan stated that education receives a
large share of the government spending. The money is allocated towards infrastructure of schools, to
student bursaries and to expand further education, training colleges and skill development. Jansen
& Claasen (2012:20) wrote about an incident that occurred in Grabouw: There was n protest
against an

Appraisal of the Economic Implication of Electronic...
APPRAISAL OF THE ECONOMIC IMPLICATION OF ELECTRONIC BANKING IN NIGERIA
BANKS (A CASE STUDY OF DIAMOND BANK PLC NIGERIA)
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system, banking
operation was manually done which lead to a slow down in settlement of transactions. This manual
system involves posting transactions from one ledger to another which human handles. Figures or
counting of money which should be done through computers or electronic machine were computed
and counted manually which were not 100% accurate thereby resulting to human errors. Most bank
then use only one computer in carrying out transactions which ameliorate the sluggish nature of
banking ... Show more content on Helpwriting.net ...
Adoption of electronic banking which suppose to ease banking transactions rather resulted to woes
to customer. Most people complain of time wasted in banks. This occurs when there is power failure
in banks resulting to slow down in operation. Another problem that emerged was that banks do not
have information backup to fall back on should there be any computer break down. In investing in
electronic banking, the country will need a large amount of financial resources in computer
technology, obviously, the resource is in short supply in Nigeria, couple with high level of poverty.
For an efficient functioning of electronic payment system, there must be availability of
infrastructural facilities such as electricity and telecommunication network, however, power supply
fluctuates and there is still constant failure links in networks. Since early 2000s banks have been
developing and introducing payment cards for their customers as well as deploy ATM's cards. Usage
was however low due to lack of interconnectivity i.e. switching platform to interconnect the ATM's
for card holders.
1.3 OBJECTIVES OF THE STUDY This research work intends to assess the extent of electronic
payment in banking activities as well as identify the various types of electronic banking. The
researcher will also evaluate the major problems associated with the development of

Asian American Population Summary
There are various implications of the information on population and demographics as well as social–
economic statistics of Asians Americans. The article on population statistics and demographics
attempts to explain the existing population of Asian Americans and the repercussion that this has on
the populace of the United States. Firstly, the population of Asians Americans is on the rise since
1900 and will rise with time. The commentary hints that there will be no popular ethnic group in the
United States by 2050 (Le, 2005). The impact of this new revelation will run across the nation. The
majority are in most of the instances known to carry the day on matters economics, politics, and
social arrangements. The implication is that if there will

Essay about Implications for Economic Growth
Population–Control–Policies and their Implications for Economic Growth in China
Bachelor's Thesis supervised by the Department of Economics at the University of Zurich Prof. Dr.
Fabrizio Zilibotti
to obtain the degree of Bachelor of Arts in Economics
Author: Noemi Schramm Course of Studies: Economics Closing date: August 17, 2011
Abstract This bachelor thesis is giving an overview on previously performed research how
family–planning–policies in China (explicitly the so–called One–Child–Policy) have affected
economic growth since 1979 and tries to give possible predictions and forecasts on how it could
affect economic growth until 2050 through critical model analysis. The Solow model gives
theoretical answers but also yields ... Show more content on Helpwriting.net ...
. . . . . . . . . . . . . . . . 2.2.2 Development of the Dependency Ratio . . . . . . . . . 2.2.3 Influence on
Economic Growth . . . . . . . . . . . . . 3 Population–Control–Policy in the Solow Model 3.1 Theoretical
Analysis of the Solow Model . . . . . . 3.1.1 Solow Model with Constant Capital Stock . 3.1.2 Solow
Model with Dynamic Capital Stock . 3.2 Combining Data and Neo–Classical Growth Theory 5
8 8 11 12 14 16 19 19 21 25 26
. . . .
. . . .
. . . .
. . . .
. . . .
. . . .
4 Upcoming Challenges for China linked with the One–ChildPolicy 33 5 Conclusion AAppendix 35
37

3
List of Figures
1 2 3 4 5 6 7 8 9 10 11 12 Population Growth, Crude Birth and Death Rates of China 1949 – 2009 . .
. . . . . . . . . . . . . . . . . . . . . . . . . Population and GDP per capita of China 1978 – 2005 . . . . Crude
Birth Rate per 1000 Women 1978 – 2009 . . . . . . . Total Fertility Rate in % 1978 – 2009 . . . . . . . . . .
. . . Population Age Structure 1960 – 2009. . . . . . . . . . . . . GDP annual growth rate 1978 – 2009 . . . .
. . . . . . . . . Female Labour Participation 1980 – 2009 . . . . . . . . . . . Total Dependency Ratio 1960 –
2050 . . . . . . . . . . . . . Change of Working Population 2005 – 2050 . . . . . . . . . . Correlation of GDP
Growth Rate and ∆ . . . . . . . . . . . Forecast of total GDP 2009 – 2050. . . . . . . . . . . . . . . Population
Age Structure 2005 – 2050. . . . . . . . . . . . . . . . . . . . . . . . . 10 11 13 13 15

Open and Prosperous Trade with South Africa
Introduction
South Africa has enjoyed since the early 90's open and prosperous trade between there international
relationships. The ruling party however has been under the spotlight for majority of their duration in
power. In the duration of the ruling parties last term there has been many changes; new competitive
political parties were formed, service delivery strikes have risen tremendously, youth have lost faith
in the government and literacy and education has been criticised globally.Based on research
previously done discussing the key parties for the 2014 elections and status of the countries
international trade the report will discuss the implications from the 2014 elections that will affect the
global view and standing of the country. First to addressed is the new parties and their role in the
2014 election. An in depth look at the trade economic relations between the nation will be discussed
and what the implications are globally if the ruling party loses of their power in parliament. Lastly to
be discussed will be the ionternational relations between the nation and its counterparts and how the
2014 election outcome could impact the global standing of the nation.
Key Political Parties
South Africa has been run by the African National Congress for 20 years, without any real
competitor challenging them. According to the daily maverick the motives for voters to cast their
ballad for a particular party in the 2014 election will not be because of race as it was in the

How The Escalation Of Student 's Debt Has Impacted...
According to statistical data released by the Institute for College Access and Success, nearly two–
thirds of the total number of students graduating from American institutions of higher learning is
leaving school with some level of debt (Dwyer, Mccloud, & Hodson, 2012). As revealed by the data
projections, learners who are average borrows are graduating with a debt of an upwards of $ 26,000
in debt. With the total count of the debt crossing the $ 1.3 trillion mark, the issue is alarming and
needs swift action before it worsens. While the average American believes that a degree is a
pathway to a successful life in America, the burden of debt combined with the lessening educational
and financial returns are frustrating American graduates, ... Show more content on Helpwriting.net
...
This surge of tuition prices has left most prospective American students at risk of failing to secure a
chance in one of the institutions of higher education. However, in the attempts of providing
solutions, the government introduced educational loans that were repayable after completion of their
respective course. This was where the challenge began since most of the students who received such
loans faced challenges of repaying the loans they were given by the government. There arose the
burden of debt since the loans students were given very expensive because institutions were
charging high prices in the first place. In result, after students complete their course in this
institution, the amount they have to repay for their loans becomes much to bear.
The root of the debt burden problem lies with the institutions themselves, which are expensive to
afford. However, institutions of higher learning might not be the only ones to blame since in most
cases they respond to prevailing financial demands related to the provision of the educational
programs they offer. For instance, due to increase in the cost of electricity and food, a university or a
college may be forced to charge more to account for the additional expenses the institutions have to
have for electricity. Similarly, due the rapidly changing economic times, the cost of running
institutions over time certainly increased and newly admitted students had to pay for the

Essay on The Nature of Marxism
All economic theories share common roots, they attempt to address the basic question of how an
economy can, and should, be maintained. One of the most influential economic philosophies is
Marxism. The fact that economic theories can share common roots is especially evident in Marxism;
It even shares a basic premise of laissez–faire with capitalism, a philosophy it directly contradicts
(Sowell 12). In studying Marxism, two basic necessities must be addressed; the nature of Marxism
and its basis, and the political and economic implications of Marxism.
Curiously, Marxism was only partially originated by Karl Marx. A great deal of the philosophy
behind and rationalization for Marxism– perhaps even the larger part of that thought– was ... Show
Thus, Marx asserted that his views would remove in name only something that had already, at heart,
been removed; he would simply treat that removal in an assisted and official way, promoting
fairness in doing so (24).
In investigating further the basis of Marx's philosophy, one must note the shared belief of Hegel's
and Marx's Dialectics. Dialectics is a philosophy at the heart of Marxism; it holds that all things
exist not as what they are, but that every thing is in a transitory stage. An acorn is not simply an
acorn; it is a future oak tree. A caterpillar exists as a future butterfly. By this philosophy, which can
be understood and accepted rather simply (without an offhand disregard for the uniqueness and
importance of each individual present stage of an object); it is Marx's later social implication of this
philosophy which would meet resistance (Marx, Capital 103). As it were, Marx's Dialectics, at their
heart, were simply a method whereby he claimed to understand more the essence of something,
rather than its appearance. An appearance alone– the acorn, the caterpillar– fundamentally ignored
the essence of something; the future oak tree, the future butterfly. Appearances were not necessarily
deceiving or untrue, they simply did not– and could not– represent the whole of something's
existence. A caterpillar is indeed a caterpillar, but since one knows that a

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