Economies

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    in a bastion of technology leading to vast advancements in how we deliver services. This shake-up of the economy has provided opportunities for new companies like Uber, Lyft, and Airbnb all of whom have taken up the mantra of the sharing economy. Opponents of the sharing economy point to the dubious labor protections and it's showcasing in Brave New World as reasons to avoid the sharing economy, however, a more pragmatic view of the issues would reveal its benefits including a higher…

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    Economic indicators The Korean government is very efficient. South Korea to play a large consortium, the resources concentrated in a few consortium who, the use of large to squeeze opponents, making Samsung, LG, modern technology and brands are among the world-class. South Korea on the panel, dram, the semiconductor industry to help them refine the investment overturned bend, China learned this (I said is learning to support dram, the semiconductor panel, not a consortium), so we are now the…

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    exactly is the economy? The economy simply refers to all of the activities related to making and distributing goods and services in a geographic area or country. When the economy would start to decline, it would affect our income. There are four stages of the economy, which we called the Business cycle. The first stage is called recovery, in which the economy is growing and people are more optimistic about spending money. The second stage is called peak, which is when the economy is doing great,…

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    Australian and Indonesia, while similar in many ways, have very considerable differences, particularly in their economies. Both are mixed market economies, but while Australia’s economy is well developed and has a large proportion of government interference helping to make Australia one of the most desirable nations to live in, Indonesia’s economy is less advanced with a lower level of income per capita and a lower standard of living than Australia. Though Australia is four times larger than…

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    nation. China being ranked 2nd in the world’s largest economy employs a command economy, which means the decisions on production and investment is decided upon the government. In comparison, Australia is a highly developed nation with a mixed market economy, meaning that the economy has a certain degree of planning involving the government, but the private sector dictates most of the economic decisions. The size of a nation’s overall economy is measured by the percent rate in Gross Domestic…

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    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…

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    In any type of economy, it is necessary to have some means for deciding what goods to produce in what quantity, how to distribute those goods, and who gets to consume the goods. The three most important things in any economy are production, distribution, and price. The two most common types of economies in the world are free Economy and Command Economy. Free market is a market economy based on supply and demand with little or no government control. Individuals make economic decisions in a free…

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    An Economy is “A system established in a country or region to handle the production and consumption of goods and services and the supply of money”. The purpose of establishing an economy is to ensure that all scarce resources are used efficiently to maximise on the welfare of individuals, through providing tangible goods and intangible services, however opinions differ on what course of action should be implemented. The three commonly know systems are ‘command’, ‘free market & ‘mixed’, however…

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    Today, the US economy remains the largest in the world. It is the second largest overall trading nation and the world's second largest manufactured goods producer: making nearly 20 percent of all goods manufactured in the world. It is also the third largest producer of oil and natural gas. The US consistently ranks around ninth or tenth in the world for per capita GDP, and American workers have some of the highest average household incomes in the world. Unfortunately, the gap between the wealthy…

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    societies, markets were heavily based upon societal factors; in fact, economies were an addition to the society, not a focus of society itself. This is where embedded and disembedded economies come into play. Disembedded economies, or capitalistic economies, are relatively new. Up until the 19th century, no one was focused on having money for the sake of being wealthy; it was actually forbidden by the church. The economies they had then were called embedded, or precapitalist, by Polanyi…

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