Socio Economic Issues Essay

environmental components, these are; Political, Economic, socio-cultural, technological, ecological and legal environments. This gives company’s indications to questions they might on the six aspects which are to be considered when conducting…

The modern historical and economic science allocates in history 3 large quantum leaps – three revolutions in productive forces of society and in structures of the society. One of them is industrial revolution led to transition from agrarian society to industrial. All 3 processes happened asynchronously in the various countries and regions however had global character. The industrial revolution is a system of economic and socio-political changes on the basis of transition from a hand labor to…

most noted Ethiopian macro-economist and the current department head at Addis Ababa University, economic performance in Ethiopia is highly correlated with the political process (Geda, 1998). Ethiopia has passed decades of economic stagnation and fluctuation as a result of continuing change in policies and political environment. The political system doesn’t seem to follow the traditional trend of socio-political development. This is observed when the military revolution in 1974 overthrew the…

stratification. Population Stratification According to Vinnychuk and Ziukov in their study on “Shadow Economy in Ukraine: Modelling and Analysis” , they have identified socio-economic implications from the functioning of the informal economy . Based on the current situation in Ukraine, the need for survival of its population in the rough economic crisis has created a lot of informal activities. In addition, the culture of blat or using informal connections for the personal benefit has…

Global economic integration is one of the most pronounced developments of the late twentieth century. The liberalization of domestic economies, and the strengthening of co-operative regimes in international trade and finance, and the transnationalization of corporate structures have all contributed to this dramatically accelerated growth of globally integrated market structures. It has been the defining feature of the late twentieth-century, exemplified by sharply increased trade in goods,…

They are: economic sustainability, ecological sustainability, long-term viability of tourism and accepting tourism as a part of an overall strategy of sustainable development. On the other hand, Bramwell (1996) identifies seven dimensions of sustainability in sustainable tourism management and these are: environmental, cultural, political, economic, social, managerial and governmental. So, sustainable tourism will help to the negative…

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…

Global factors that affect organizations are political, economic, social and technological. Political factor can include any of the following, laws of data protection to environmental and trade police’s, to government stability and changes in tax policy and competition regulation. Economic factors include growth rates, inflation and interest rates. Unemployment trends, changing labor cost, credit availability and trade and fiscal policies. For socio-cultural factors, religion, education levels…

facilities, allowing access to individuals and assets (resources), and empowering more noteworthy economies of scale, worldwide and all through history (Zuidgeest 2005). There has been an increase in the demand for motorized transportation due to several issues like increase in urbanization rate and population growth rate, urban development, distribution of amenity and activity. Public transport is a…

describes international tourism as a socio-cultural and economic phenomenon that involves foreigners travelling to different countries for either personal or professional purposes. The travel and tourism industry is the world’s largest and most diverse industry. Many nations rely on this dynamic industry as a primary source for generating revenues, employment, private sector growth, and infrastructure development. However, tourism can cause negative social, economic and environmental effects on…