Category: Economic Growth

Essay on Gilded Age From the 1870s to the 1890s, the United States entered a period of dramatic change and rapid industrialization. The economy was gradually shifting from agrarian to industrial and urbanization was happening at an exponential rate. Mark Twain named this period the Gilded Age and described it as a time during which…

Influence of Economic Growth on Improvement of the Life Insurance Market: Analytical Essay Introduction The main findings affirm the positive effect of the improvement of the life insurance market on economic growth. With the expanded model, the insurance-growth nexus varies across nations with different conditions. For example, the positive effect on economic growth is mitigated…

Essay on Failures in Malaysia’s Economic Growth Malaysia is a Southeast Asian country, occupying parts of the Malay Peninsula and the island of Borneo. It is known for its beaches, rainforests and mix of Malay, Chinese, Indian and European culture references. Its capital is Kuala Lumpur. In 2021, Malaysias population is 33.42 million, it is…

Is Mercantilism an Effective Form of Growth in Modern Economies: Essay To begin with, the key question for modern growth, however, is this: Does mercantilism still exist?. In many developing nations, under one-party rule or managed by huge bureaucracies guided by industrial policies, the answer is undoubtedly, yes. On the other hand, in the modern…

Impact Marketing of K-Pop Idols on Japan’s Economic Growth The boom of South Korean pop (K-pop) originally expanded to few Asian countries in mid-1990s; however, in early twenty first century, it has gained global popularity in the twinkling of an eye. The latest BTS  a Korean idol group which consists seven boys – got…

Analysis on GDP and Its Effectiveness as a Standard of Well-Being and the Effects on the Focus on Economic Growth Economic growth around the world has meant countries has been able to develop at an exponential rate, particularly those economies in third world countries. Gross domestic product or GDP gives an indication of the countrys…

Quality Education and Why It Is Important: Essay Shockingly, 57 million children across the world don’t have a school to go to. This is atrocious for the kids as well as the country they are in because without formal education it is hard for a country to develop. This information arises the question of how…

Poverty in Malaysia: Essay With a population of 32.7 million, Malaysia is a multi-ethnic religious nation, distinguished primarily by three major ethnic groups: Malay and indigenous people, Chinese, and Indians. Malaysia has been effectively converting itself from a poor nation into a middle-income country since its independence in 1957. Despite difficult external factors, the economy…

Online Shopping Contributes to Economic Growth In recent years, there has been a growing trend that people tend to buy things on the Internet. This presents both pros and cons, however, in my opinion, its benefits are much more significant than the drawbacks. On the one hand, shopping online brings consumers some disadvantages. Initially, since…

Possible Options for Economic Growth in Ukraine According to economic theory, economic growth in a given country is possible in only three cases. The first is when investment flows: when capital accumulation outstrips the growth of the labor force, so the share of workers is more capital. This growth is named after the American economist…