Question 1: Economic Impact of Public Financing
Public financing comes with a host of benefits and repercussions to the national economy, but is dependent on the level of government funding. Proponents of government funding the national economy posit that the programs supported by the government are invaluable and designed for the public interest, which may include infrastructural development and the education sector (Reinhart and Rogoff 574). Thus, government spending promotes economic growth. Excess government funds are transferred to more productive sectors in the country for increased national output. An increase in government spending on the economy tends to have a ripple effect because people have more money to spend in general, which …show more content…
Deregulation of the banking sector allowed these financial institutions to be more responsive to market drifts and realities (Jones and Critchfield 36). The constraints that were there initially were loosened, which paved way for better acclimatization to environmental challenges and competition in the global market. Nearly all the restrictions on permissible banking activities were suddenly relaxed while the restrictions on the geographical location of the branches were eliminated, thereby paving way for bank expansions. Moreover, banks located in different states could merge for increased service …show more content…
Already, there are four mega-drones that deliver pizza to 8 dorms with a total of 2,000 students. If I was the leader of a cartel I would start by developing a parallel pizza delivery service with mini-drones that operate with a swarm algorithm to avoid collisions. The benefit of having mini drones is that they are cheaper to buy can be preprogrammed using GPS coordinates to deliver pizza faster and at the precise location where the customer stays. Besides, mega-drones have a limitation in accessing some constricted regions and the customer has to go out to receive the product.
The second strategy is to reduce operational cost, which will lead to a reduction in the price charged to customers (Von Blanckenburg and Herbert 2). Furthermore, a reduction in price will attract more customers that will lead to an increase in sales. After a while, the cartel will offer to purchase at least two of the mega-drones that will be used to offer different services, thereby eliminating competition and creating a service delivery crisis to the benefit of the
Public financing comes with a host of benefits and repercussions to the national economy, but is dependent on the level of government funding. Proponents of government funding the national economy posit that the programs supported by the government are invaluable and designed for the public interest, which may include infrastructural development and the education sector (Reinhart and Rogoff 574). Thus, government spending promotes economic growth. Excess government funds are transferred to more productive sectors in the country for increased national output. An increase in government spending on the economy tends to have a ripple effect because people have more money to spend in general, which …show more content…
Deregulation of the banking sector allowed these financial institutions to be more responsive to market drifts and realities (Jones and Critchfield 36). The constraints that were there initially were loosened, which paved way for better acclimatization to environmental challenges and competition in the global market. Nearly all the restrictions on permissible banking activities were suddenly relaxed while the restrictions on the geographical location of the branches were eliminated, thereby paving way for bank expansions. Moreover, banks located in different states could merge for increased service …show more content…
Already, there are four mega-drones that deliver pizza to 8 dorms with a total of 2,000 students. If I was the leader of a cartel I would start by developing a parallel pizza delivery service with mini-drones that operate with a swarm algorithm to avoid collisions. The benefit of having mini drones is that they are cheaper to buy can be preprogrammed using GPS coordinates to deliver pizza faster and at the precise location where the customer stays. Besides, mega-drones have a limitation in accessing some constricted regions and the customer has to go out to receive the product.
The second strategy is to reduce operational cost, which will lead to a reduction in the price charged to customers (Von Blanckenburg and Herbert 2). Furthermore, a reduction in price will attract more customers that will lead to an increase in sales. After a while, the cartel will offer to purchase at least two of the mega-drones that will be used to offer different services, thereby eliminating competition and creating a service delivery crisis to the benefit of the