Deregulation

The increase in housing prices together with government deregulation and the lowering standards to market mortgages led to the substantial amount of real estate loans spreading throughout the financial system. When house values failed to increase and the homeowner cannot keep up with their payments, banks were forced…

According to the book Economic Logic (2014), monopoly power refers to the ability of an individual or firm to manage and maintain the market price of goods or services above the level that would prevail under competition. Therefore, it would appear that if two rival companies decided to merge, most of the competition would most likely be eradicated (Skousen, 2014). By eliminating or minimizing the competition, the merged companies would become more prominent than the rest of the market. For this…

govt should increase the investment limit in plant and machinery of SME units from the existing Rs.10 crores to Rs.25 crores. 9. Reduce customs duty from 7.5% to 5% on certain textile intermediates and inputs for technical textiles. 10. Price deregulation particularly in cotton textile industry. 11. Creation of Market Intelligence Database Ban on Imports of Secondhand (Worn) Clothing and more 12. The export credit may be made available for all textile products at 7% interest. 13. Activate…

Step six is to approach the correct industry. An industry has sub-parts. For example, if you look at the chemical industry, you will find sub-industries like Fertilizers, Pesticides, Paints and Varnishes, Organic chemicals. Therefore, it is important to focus on the relevant industry. Without this, it will be impossible to draw an accurate industry analysis report. It can also be time consuming if industry is done on all the parts of the industry. It is easier to take up an industry and find out…

In her paper, Left Out? Digital Media, Radical Politics and Social Change, Natalie Fenton tackles the both conceptual and practical issue in critical theory of overlooking the very practice it seeks to study with regard to radical politics. In the introduction, Fenton acknowledges the profound impact of digital media and the internet in building and mobilizing political networks of resistance to counter dominant power structures. She presents her piece as not only noting the radical collective…

The American dream is essentially a united conception that we share, however access to this dream has come into question. At the heart of the American dream is the idea of American exceptionalism, the philosophy that visualizes America as the leader of the world, the epitome of civilization, the center of social and political benefits brought by our superior democracy and the personal liberties it stands for. People wrongfully assume that being an American benefits all americans equally, but…

Possibly the biggest economic policy accomplishment the government has made under president Obama is the establishment of the Consumer Financial Protection Bureau. The agency was founded in 2011, and has helped millions of Americans recover money from the banks that victimized them. Right now the organization is under threat of being closed down by Republicans. If the CFPB is closed down consumer stand to lose possibly their biggest Ally in the financial world. If this does happen it will not be…

What made me furious and offended me was the lack of remorse these companies felt for creating such an economic catastrophe, that not only troubled people in the United States but also people worldwide. Jobs were destroyed, homes were lost, and the greed by these companies provoked all of that. People in Florida were living in “tent cities” because some of them had lost their homes, some of them had lost their jobs, and unemployment was insufficient for food and rent. The lack of concern that…

Bernard Madoff and the Largest Financial Scam in History Class Assignment 1. Why in your opinion did Bernard Madoff do this? He had been exceedingly successful in the electronic exchange trading that he had started and his firm continued, and he had clearly achieved both wealth and stature. What was it that drove him, again in your view, “off the cliff”? What does this say about the human character? What does this say about the nature and/or culture of the investment community? After reading…

Chapter 1: Introduction 1.1 Overview and Background of the study After World War II the situation of the international system was distressed. To recover economic stability there was a crucial need of certain rules and procedures, and therefore new institutions emerged. One of them was the International Monetary Fund (IMF). It was mainly developed to encourage economic cooperation and to promote stability of the world economy, additionally it helps to prevent crises and resolve them when they do…