Social economy

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    increasingly important as a source of revenue of many countries. It accounts for a significant share of GDP and employs a substantial proportion of the labor force. Furthermore, it is considered an important industry in many countries. It helps improve the economy of developing countries and provides employment for many people such as Vietnam. In addition, it not only helps to solve the problems of unemployment, but also has positive effects on many economic activities, such as transport,…

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    Land is an important factor for nations as some wars have been for territory because the more land you control the more resources and power goes to the one that controls the land. The control of land has given countries power in trading which their economy relied upon for example China and their monopoly in silk making and this trade was one of history’s great monopolies that enriched…

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    Why Capitalism Is Wrong

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    that without greed, our economic system wouldn’t even be existent. The society and economy needs greed to function because of the fact that without money coming in, there will be no money moving out. The greedier the people, the more increase in buying and spending which will cause a positive effect on things such as the stock market and the economy; likewise, the incentive to work will be increased as the economy and standards of living improve in society (Amadeo, 2015). With this improved…

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    economic, social, and political ramifications. Industrialisation expedited the dawn of economic, structural change, claimed responsibility for renewing Russia as a global and competitive power, and acted as a powerful catalyst for accelerating social evolution. The progression of Russia in the 19th century – in economic, social, and political contexts alike - can be much attributed to the developments facilitated by industrialisation. Industrialisation completely reinvigorated the Russian…

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    I believe that this is due to the manner in which the European powers left. Instead of teaching the Africans how to properly run a government, an economy, and how to effectively harness and utilize natural resources, the Europeans simply packed up and left the Africans. As a result of having multitudes of natural resources and not knowing what to do with them, in addition to not having proper knowledge…

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    collective identity of what it means to be a consumer. Mobile technology, social media, and peer-to-peer software are enabling communication and organization in ways that are fueling the formation of a new collaborative economy. ‘Access over ownership’ is becoming the new consumption model and is changing the traditional economic system by expanding the volume of commerce and boosting purchasing power. The sharing economy can be defined as an economic model involving a peer-to-peer…

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    Economic indicators The Korean government is very efficient. South Korea to play a large consortium, the resources concentrated in a few consortium who, the use of large to squeeze opponents, making Samsung, LG, modern technology and brands are among the world-class. South Korea on the panel, dram, the semiconductor industry to help them refine the investment overturned bend, China learned this (I said is learning to support dram, the semiconductor panel, not a consortium), so we are now the…

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    Sports Mega Events

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    opportunity for each nation to enrich their economy, promote their “nationhood”, and display their national pride to the world. Nonetheless, this causes a backlash, where a conflict is seen between the international community and the local community. Often, the subject – sports spectators from around the world -- tend to be prioritized over local community life: “Beijing has come under the influence…

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    Three Ideologies of Political Economy and beyond By Bernardo Creamer The ‘Prezi’ presentation “Copy of Three Ideologies of Political Economy”, used in class, is based on the ideas contained in the book by R Gilpin about political economics. Gilpin states that there are three ideologies that differ over a wide variation of questions such as: - What is the importance of the market for economic growth and distribution of wealth among groups and societies? - What should be the role of markets in…

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    Economic impacts of tourism: Tourism is important to the economy of both the rich and the poor countries. Tourism does not only benefit the economy by handing out employment but also through the expenditure of the tourist (tourismintheunitedkingdom.weebly.com). Tourist destinations can also assist in the improvements and development of infrastructures as well as services such as roads that therefore has a positive impact on their locals, tourists, and their community. In London, tourist…

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