Office of Economic Opportunity

Background Economic Development is not all about buildings and infrastructure. It serves as a platform to a fiscally sound and self-sufficient city. As Portland’s economy thrives steadily throughout the years, it is crucial that it is acknowledged for its assets as well as recognized as an effective and welcoming city for conducting business, where there is utmost respect and understanding of the important business components of certainty and time. This article will assess whether Portland has…

American Dream. Owning a house provides families with opportunities to invest into businesses, plan for retirement, finance an education, and consider resources for the next generation. The federal government has made it possible for most average white Americans to finance the purchase of a home, essentially easier wealth building for white Americans. However, it has made it difficult for minorities to attain the same resources and opportunities. The socioeconomic differences are boundaries set…

this scenario is influenced by the rising cost of housing units and in some cases historical discrimination hence pushing the low-income population towards industrial sites, ports, truck routes, and other notorious pollutants. Cap and trade is an opportunity for states to realize a green and healthy environment but if not well regulated can harm the poor. An increase in energy price will have a serious effect on households with low income. Most of their budget is spent on energy and are also…

maintain a right economic evolution. Second, The Fed oversees and organizes many of the U.S. banks as a method to keep the consumers' affairs safe and protected (Amadeo, 2017). Third, Third, the Fed preserves the solidity of the financial markets and restricts any potential…

rates because it helps the government improve and grow over a period of time. If budget deficits arise, it increases interest rates because the total amount of expenditures exceeds the total amount of revenues. While low interest rates encourage more economic activities, high interest rates slow the economy, which causes loans harder to borrow. From time to time, the Federal…

begin my journey to gaining a degree in Business and Economics. Despite the great interest in my subject, I have also been able to obtain the experience of working in an administration office by volunteering in a company named Wheaton UK. During this opportunity I gained organisational skills along with time management skills, as I was assigned to arrange a number of documents under a time limit. In the course of my stay I also had the opportunity to apply my information technology skills as I…

millions people immigrated to America fleeing religious, racial, and political persecution, or seeking relief from a lack of economic opportunity. Among these men and women, was Scottish immigrant Andrew Carnegie and his parents, Margaret and Will Carnegie. Economic, social, and political effects of immigration on America have caused controversy regarding ethnicity, economic benefits, and settlement patterns. These effects influenced the Carnegie’s journey to the United States as well as…

Costs borne by a firm can fall into two categories: explicit and implicit. According to “Principles of Economics”, explicit costs are monies that are paid out in order to run the business and may include such things as wages or rent; while implicit costs “represent the opportunity cost of using resources already owned by the firm.” (OpenStax, 2014, p. 159). My husband and I operate a small business which is a martial arts school. At this company we have explicit costs, our largest explicit costs…

of their successor’s budget through the use of a “transition budget” volume to Congress. Both wanted to create a document that would outline historical data, baseline budget projections, and illustrations of those projections using variations of economic assumptions and vastly different broad assumptions. Formalized Budget Transition History While a formal presidential transition process originated during the transition from President Truman to President-elect Eisenhower, President-elect…

globalization probably leads to the positive developments in the world of economy. For instance, that the rise of living standard, labor opportunities, international markets and further advantages. However, globalization also has negative effects widening in many aspects. This essay will demonstrate the positive and negative effects, which contribute to economic globalization. To begin with, globalization on economy provides excessive benefits…