Effects of Mega Metro Project on Rawalpindi’s Socio-Economic and Cultural Life Summary Introduction: Mega Projects are large scale investment projects which are publicized to seek the attention of the public. Mega projects have their own advantages and disadvantages as well. Talking about disadvantages, there are several negative effects of mega project on construction scale. One of them is traffic jams which causes inconvenience to the citizens and drivers and force them to take alternative…
Title Here The economy is the wealth and resources of a country in terms of the consumption of goods and services. There were many issues with the economy in the early 1900’s like the Great depression in the 1930’s for example. However, the government worked hard to change the economy to benefit the common people. These changes impacted the economy and the common people positively. Westward expansion helped the common people by providing a lot of land and housing for cheap(“American Progress”…
the leading positions in the Far Eastern Federal District of Russia. The dynamics of the GRP point to the positive development for the last 5 years, with the slowdown of the economy in 2012 due to the cumulative effect of the economic crisis, which is common for major part of the Russian regions in 2012 – 2013 years. The economy of the region is diversified and consists of 15 sectors, with transportation, construction, and trade sectors as min contributors to the GRP. The GRP dynamic presented…
Galbraith and Thorstein Veblen both sought to formulate their conception of the role of power in an economic society. In his writing Power and the Useful Economist, Galbraith presents the idea that the state plays a significant role in deciding how the economy spends its productive capacity. In Veblen’s writing The Theory of the Leisure Class, he presents critical thinking and theories that pertain to the habits of individuals in society and their related social norms. Both economists present…
(Gabriel). One of the main purposes of his foreign trips is to trade promotion, and the Japanese government calls it an economic mission. By accompanying the Prime Minister, Japanese corporations can promote and expand their market in the global economy. Globalization intensified the competition at the global market among enterprises from different nations. Therefore, as a neoliberal, Abe wants Japan to…
However, they could never explained why their exist differences in the level of income among different countries. Harrod and Domar also tried to answer the fundamental question when is an economy capable of steady growth at a constant rate? They arrived at a general conclusion that the national saving rate has to be equal to the product of the capital output ratio and the rate of growth of the (effective) labour force (Solow, AER 1988). In…
is predominantly viewed from a more economic interaction point of view; with little attention given the consequences that global harmonization has on indigenous cultures. A lot of attention has been given to economic, trade and financial flows with universally binding or guidelines on how partners in the globalization phenomenon should operate. Issues of environmental and human right concerns, also attract attention, and even gain closer impetus than issues related to the cultural clashes or…
This is all because of they are afraid about their safety being in our country. Even though there are not many tourist feel this way but still Malaysia have to give full attention on safety and security in their tourism industry. Besides that, safety and security are also vital to providing quality in tourism which incorporate principles of safety and security. These principles of safety and security are becoming an overriding…
social media, and peer-to-peer software are enabling communication and organization in ways that are fueling the formation of a new collaborative economy. ‘Access over ownership’ is becoming the new consumption model and is changing the traditional economic system by expanding the volume of commerce and boosting purchasing power. The sharing economy can be defined as an economic model involving a peer-to-peer marketplace where goods and services are exchanged for a fee, barter or free. Within…
history record for China. His creativity and innovative idea in adapting existing business concept based on successful foundations and applying the concept based on China’s environment has created new history. Since the rise of Jack Ma, a lot of attention with interviews, media coverage and speeches revolves around him and Alibaba, a company that bridge small-size and middle-size business to trades globally. He has positioned himself as someone who is determined and persistent and he…