Economy

Unemployment is usually analyzed at an economic aspect for example the impacts of unemployment on a country’s economy. However this article talks about the psychological impacts of unemployment. Traditionally not much emphasis is put on psychological aspects in economy, but it poses significant threats and so should be studied more extensively. In the article it says that the United States saw its unemployment rate rise to a high point in 2009 and will worsen if left unaided. The current issue…

Over the past five years there has been an additional 7,500 private sector jobs added to the economy. That created record high 155,720 average annual total jobs in 2013 (3-year Outlook, 2015). In 2014, Anchorage lost 690 jobs, but most of that decline was from job loss in the public sector. When oil prices last year took a big dip, Alaska went into a small recession, which hurt the State and City economy. They say that which oil being so inconsistent, they don’t know where their future lies…

Introduction: Globalization is the process of global economic and political integration which connects countries with the facilitation of global communications. As technology rapidly developed in the past centuries, trade globalization accelerated. Global trade becomes economically and politically important to all countries. As more and more developing and low-income countries enter into the global integration, there is always an ongoing debate on the relationship between globalization and…

at disparities in resources and opportunities. Through several course readings and videos, the connections between these key concepts are evident. There are multiple different forms of economies that can be seen throughout the world. There are informal, formal, social, and cash economies. However, these economies are not mutually…

Forever Intertwined In the crazy, complicated world on economics, we often need to hear the opinions of others more experienced in the field to reach a better understanding of current economic happenings. The people whose jobs is to make sense of the economy are economists. An economist is someone who is essentially an expert in the field of economics. Throughout history, there have been various influential economists whose ideas have changed America. Names such as Adam Smith, John Maynard…

Money, money, money rules the world is what some people say. The economy is constantly growing and changing all around. The economy is the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services. Trade, business, technologies along with other things that impact the economy by increasing it in good times and decreasing it in bad times. Through the years as the economy expands stores and business raise their prizes on necessities…

occupations for other jobs. Unemployment can also be attributed to rising number of workforce and fewer industries to absorb them. US real GDP is 16.81 trillion USD with a quarterly growth rate of about 2.06% and an annual rate of 3.3%. It is the largest economy in the world, but the current…

In the fast developing world, there is no room for doubt that rapid economic development is one of the most successful achievements in human history，both in developing countries and developed countries. Countless people are sharing the improvement of living standard in many aspects. However, with the threat posed by the increasing environmental problems and resource shortage problems, considerable amount of public attention is being attracted to the achievement of sustainable development.…

Smuggling is the movement of anything between nation-states that one or both countries do not allow (Andreas, 2009). This is distinct from trafficking, that has no movement requirement and is about use. An example is human trafficking, which includes activities such as child soldiers, forced marriage, and involuntary servitude. Smuggling is an activity that has been in existence since the invention of jurisdiction-based boundaries. It has always been a small percentage of commerce and will…

III. Critical Response to Alice H. Amsden’s Thesis At the heart of Escape from Empire, Amsden explains how shifts in American policy between the First and Second American Empire were a detriment to the development of the Third World. More specifically, Amsden’s thesis is that because of American policy rigidity, the Third World could be better suited for development if it cultivates self-determined policy. It is from this dichotomy between progressively driven policies and ideologically driven…