But with economic growth, people become better off and prefer to use high-end mobile phone. Huawei lost a large amount of consumer in the past few years and left a stereotype as inferior product manufacturer in public. At the same time, startups in China like Xiaomi grows amazingly and occupies a significant market share by providing cost-effective product. Though Huawei has expanded its oversea business for a few years…
The Malthusian model of population and economic growth has two key components. First, there is a positive effect of the standard of living on the growth rate of population, resulting either from a purely biological effect of consumption on birth and death rates, or a behavioral response on the part of potential parents to their economic circumstances. Second, because of the existence of some fixed resource such as land, there is a negative feedback from the size of population to the standard of…
for those resources” (Miller and Spoolman, 2010). As the population increases with factors of environmental resistance—the combination of factors that sets the carrying capacity for an area to limit population growth(oxygen supply, food supply, diseases, predators, space, etc.) , the growth rate decreases. After some time,…
environment in an urban area is determined by some specific facilities such as housing, sanitation, sewerage, drainage, drinking water supply, gas supply, electricity, garbage disposal and waste management. According to Hosni (2006), due to a rapid growth of urban population in the city, these services are extremely unsatisfactory and of poor quality and resulted in the limitation of resources. There is a congestion in public transport, problems with water supply, gas and electricity. These…
Demographic transition is a demographic phenomenon that is characterized by changes in the population indicator of fertility and mortality from a high numbers towards a stable lower numbers. This phenomenon in the study of development is one of the alternative points of view to explain the development process, in addition to any other point of view that tends to emphasize the economic aspects, such as capitalism, industrialization, and the theory of modernity as the center of development process…
2 centuries since its inauguration, has tinkered with their strategy in international plain over a variety of ways in concordance to world trends, regulations and knowledge acquired through learning processes and experiences. Within its strategy, growth holds a constant trend as the tip of the spear, as is indicated by the high market development, while variations tend to decorate its business strategy and preferred entry methods. China experiences changing precedence in HSBC’s perspective.…
A study on the implications of Pradhan Manthri Jan Dhan Yojana on the growth of Indian Economy Authors: 1. T. Mary Jones Associate Professor and Head, Department of MBA, PACE Institute of Technology & Sciences, Vallure 2. S. DivyaSri II MBA PACE Institute of Technology & Sciences, Vallure. 3. G. Bavani II MBA PACE Institute of Technology & Sciences, Vallure. Abstract: Indians are transforming from rural India to digital India with so many initiatives by the Central government of our…
ECON 634 - Bharat Forge and Suzlon Case Study In the said case study, a study on the changing global agenda of 2 major companies. Bharath forge and Suzlon have shown great progress to the changing economic conditions. Bharat Forge was a manufacturer for domestic consumption which later became the 2nd largest forging company in the world. they are now an Indian Multinational with the largest exporter of auto components from India to the world. . Bharath forge under the supervision of Baba…
There have been many factors in the growth of transportation over the centuries. Some have been the increase in automobile ownership and the highway system. There have also been many events that have impacted economic development. Some of the factors that determine the development is the financial help being received and the bills being passed that allow certain developments. Both transportation and economic planning have helped the United States flourish. After World War II there was more…
It can also be referred to as Economic Growth. One of the most important factors for accounting for Economic growth is most likely on purely theoretical grounds is Economic Freedom. Some of the incentives that the Economic Actors such as Entre-preneurs, Innovators, Financiers, Industrialists, and many others, they are determined…