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mine. Open-cut mines are a way of mining with high explosives with the assistance of hydraulic shovels/ excavators and draglines are used to clear the blast site to get the coal to form the rock debris. Australia’s profits from the coal which they export to other countries like Asia which use the coal to power their power homes and…

until their demise after Costa Rica’s Civil War. The cafetaleros would provide Costa Rica with a flourishing trade with the United Kingdom, allowing the people of Costa Rica to increase their cost of living and social progress. While the coffee export profited the nation in general, the privatization and development of new coffee farms, led to the dispossession of the indigenous and poor working class forced further into the wilderness, marginalized, disregarded, and solidly rejected from the…

Are you interested in opening a business in Australia? Dear Entrepreneur, here is the information that you absolutely need to know prior to investing. I chose Australia because it has already set up common structures that an entrepreneur I could choose from when establishing a new business. These structures are breakdown into, sole, trader, partnerships, trusts and companies/corporations. This will help to carefully consider what my business needs are and what will suit me as an entrepreneur in…

living takes into account many factors, some being; income gap, unemployment rate, poverty level, inflation rate, and gross domestic product. Gross domestic product or GDP is the sum of a country’s consumption, investment, government spending, and net exports. The most common measurement of a country’s standard of living is the average real GDP per capita which breaks down the country’s GDP into equal shares based on the population. Many poor countries don’t have a high GDP per capita because…

INTRODUCTION The country of Barbados is a small island which is located approximately in the middle of the Caribbean sea and the Atlantic ocean. The capital of the country is called Bridgetown, it can be found near the harbour on the southern west coast of the country. It varies northwest around of Venezuela and faces eastern of the Winward island members. The approximate size of Barbados has an area of four hundred and thirty (430) square kilometers which is one hundred and sixty six (166)…

ladder as a textile-producing and sugar refining country. This is promising for its economy, and should be able to help the development of the country under certain conditions, for example, Haiti being able to trade with more developed countries and export more products. As long as the country can recover from their economic hardships, then in the near future, maybe within the next 50-100 years, I believe Haiti will become more industrialized and will become a more centralized…

During the Civil War, between 1861 and 1865, the United States was divided between the Confederate States and the Union of the United States. According to Department of the Army, (2005) “1861 the Navy made the most important contribution toward an ultimate Union victory” (p.211). President Lincoln ordered the Union Navy to build blockades up the Atlantic seaboard around the Confederated States as well as parts of the Gulf Coast (Carroll, 2010). These blockades were to prevent the Confederate…

After several months of uncertainty, the Mexican Peso still remains under heavy pressure. The question is, will Mexico’s economy be able to recover? Unfortunately, the Mexican currency remains far away from recovery after Donald Trump became the next United States president. Depicted in the graph below, it is evident that over the past few months as Trump gained more support the peso was negatively affected and depreciated as his poll numbers improved. The peso has shown a high negative…

search of gold and they ended up enslaving and wiping out the Taino population. Many plantations were set up because Cuba was a federal land where many crops of sugar, coffee, and tobacco could be grown. With the growth of the farming industry and exports the Spanish started to bring in slaves to work the fields. With Spain being so far away the general population started to rebel and fight for their independence from Spain in the mid-18th century. This went on for about ten years, then the…

Economic Growth Methods Being Used in Hong Kong and Singapore Taquitta Moss Macroeconomics Abstract Hong Kong and Singapore have distanced themselves from traditional culture based on the economy issues and have become more involved in industrialized concerns. To encourage growth and productivity in Hong Kong and Singapore, the World Bank has step in to help stabilized the economic issues. The World Bank is an important part of the financial and technical cooperation around the world…