Language policy

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…

Law of Supply and Demand — how it applies to all One of the most basic economic laws, the law of Supply and Demand is connected to and is applicable practically into all economic principles in every way. The law of supply and demand explains how prices are fixed for the sale of goods. In its application to the real market, supply and demand pull against each other until the market finds an equilibrium price. Demand is the degree at which consumers want to buy a product. As the Economic theory…

They firmly assured that governments should intervene through public policies in order to sustain a business cycle by stabilizing prices and achieving full employment. They insisted that during a recession, employment is involuntary. They claimed that wages and prices aren’t flexible downward. They can increase, but it is…

REVIEW OF LITERATURE Economic literature is well documented with causes and effects of capital flight and external debt. According to Walter (1986) and Kindleberger (1987), capital flight is a capital that flees. When these resources are being lost in form of capital flight, there are various long term effects. Owing to out flow of capital there exists a shortage of liquidity in the economy which leads to the exertion of upward pressure on the interest rates. Similarly, the shortage of…

Since Ai Weiwei’s birth in 1957, his complete life story has sculpted him into the profound artist and social activist that he is today. After his father, a well known poet, was exiled during the anti-rightist campaign, Ai spent his first years in a labor camp. The circumstances of his childhood instilled a voice inside of Ai that would later invigorate his art. Ai explains the conditions of his children as having “no personal rights, no freedom of speech or expression” (Weiwei, 2008). Ai came…

world’s largest creditor to being the world’s largest debtor, and some government domestic programs being forced to face limited funding (Medicaid and Food Stamps, for example). But, in general, most economists stress that Reagan’s policies (especially his tax policies) encouraged economic growth and brought about the economic strength exhibited in the 1990s. Many economic decisions take longer than a few months to have a noticeable impact. Tax issues, frequently, don’t exhibit their full…

During “The Tequila Crisis” the global international capital market had a huge impact on the economic, political and social development of Mexico. Mainly the global international capital market hurt all three categories of the economic, political and social sides Mexico contains. Although, some countries tried to help Mexico during their recession it was not enough to help the devaluation of the Peso. Economic= Mexico’s economy underwent a recession as a result of the peso’s devaluation during…

C. The United States Department of Defense will faces an abundance of new and risky challenges with regards to the execution of the National Military Strategy within the next 5-10 years. Several specific factors help to highlight this. Those are the Budget Control Act of 2011, changes in the external world of the pentagon, existence of the iron triangle, the current climate of the defense industrial base, and the historical execution track record of the acquisition and deployment of major…

The public and politicians show growing interest in the concept of replacing Social Security with a private system of individual accounts. It is too soon to state that curiosity will lead to approval of this idea, however it is obvious that ab enormous amount of people are thinking about adapting alternatives to Social Security. There lots pros and cons towards this problem but in my opinion, Social Security has to be privatized I believe that privatizing Social Security people can gain an…

Monetary Policy and the Great Depression are related to each other in an economic way. Monetary policy is said to have specifically effected the Great Depression because of the stabilization of money value and trade. The concept of the effect has been debated over for many years even as recent as now. In short the Great Depression was an economic downturn in the United States. The Great Depression consisted of the stock market crash, the failure of people being able to spend and company unable…