VIETNAM PROFILE OVERVIEW Official name: Socialist Republic of Vietnam Continent: Asia Region: South East Asia Form of Government: Socialist Communism Capital: Hanoi Largest city: Ho Chi Minh City (formerly Saigon) Official languages: Vietnamese Official scripts: Vietnamese Ethnic groups: 85.7% Kinh (Viet) Religion: 80% none, 20% other religions Anthem: Army March Anthem Demonym: Vietnamese Area -Total 331,210 km2 -Water (%) 6.4 - RANKED 66 Population (2014 estimate) -…
A highly debated topic is what the minimum wage should be for workers in America. This is the bare minimum that a person needs to live or that is its intent. Some people feel that it is too low, and that we should raise it. The United States Department of Labor says the raising the minimum wage will be good for the economy and also good for business (Minimum Wage Mythbusters). However some people think raising the minimum wage will be bad. The CATO Institute, in their Four Reasons Not to Raise…
within many factors, including the opportunity to catch up with developed Asian nations, the rise in Indians’ purchasing power and strong government reforms. A big part of India’s high growth prospect lies in the word “convergence.” In 2015, India’s Gross National Income per capita was $1,590, ranked 170th out of 217 countries (World Bank, 2016). Because India’s per-capita income is relatively low comparing to others at a comparable level of market development, there is a tremendous opportunity…
economy determines how goods and services are to be distributed, it determines how buyers and sellers are to relate by introducing a variety of goods and service, A lot of resources and competition to equalize the existence of economic actors. GDP Gross domestic product (GDP) is the value of finished goods and services produced within a country in a specific time period usually one year. It measure the national overall economy. Calculating GDP GDP = C + G + I + NX…
1.1 Population Growth Population growth is an increase in the number of people living in a country during a period of time. There are factors to determine population growth, such as (Fig. 1): Fig. 1 Even though Singapore’s population stands at 5.54 million, Singapore’s population grows at a slowest rate in 10 years. It has increased by 1.2% from 5.47 million in June 2014 to 5.54 million in June 2015. Singapore’s population consists of residents and non-residents As for the residents; it is…
Narasimha Rao government ushered in the era of globalisation in India. After the liberalisation, the economy witnessed a leap of growth in large industries and enterprises, but surprisingly the MSME sector, which contributes six percentage to the Indian Gross Domestic Product (GDP), 45% to total national export and employs around seventy million Indians, is still struggling to find its footing and reach optimum performance. Though MSME total working enterprises, employment and market value of…
Something that will never truly have any static definition throughout history is Economic Freedom. What may assist in defining these freedoms is the present Government, and today’s society, which means it’s always vastly changing. Today’s Society and present Government is always changing at a rapid pace. Some things that need to be recognized and addressed are Race, Creed, Gender and Religion, these characteristics are all factors that are used to define their place in the hierarchy of Society…
Industrial Pollution comes from contaminated wastes that gets disposed of into the air and water. Pollution affects the entire globe, causing there to be raised health risks. Since there has been multiple accounts for industries contaminating living factors, there has been a plentiful amount of researches that have been finding solutions to these epidemics. This paper will reflect the numerous studies which explores economic country developments with industrial pollution. Canfei He, Zhiji Huang,…
The issues relating to the estimation of gross domestic savings and household savings, in particular, have assumed immense significance in the recent times. These issues are very relevant when the Indian economy has commenced its journey on a high growth trajectory. The Eleventh Five Year Plan…
connect to the capitals but not to one another.”. Development was a word scattered all throughout this article as well as implied throughout it. Development is a combination of a country’s gross national product; the total value of all goods and services produced by a country of one year in-and-out of the country, gross domestic product; the total value of all goods and services produced within a country over one year, as well as per capita income; the average…