Category: Economics 2707

Market Economy Emergence Table of Contents Introduction Industrialization Immigrants and Culture Works Cited Introduction The population of America began to expand in 1815 due to the accession of various states to the union and the appearance of immigrants from different countries actively. The first trends of freedom attracted residents of other countries, although slavery still…

Cryptocurrencies  Advantages and Disadvantages A cryptocurrency is a virtual currency that uses cryptography for security. In the modern world, some of the most known cryptocurrencies are Bitcoin, Ethereum, and Ripple (Bunjaki et al., 2017, p. 33). The main advantages of cryptocurrencies are transparency, anonymity, confidentiality, and privacy (p. 33). The authors claim that the…

Gig Work, the Gig Economy, and Gig Work Trends The gig economy has emerged after the development of information and communication technologies. The digitalization and proliferation of smartphones have contributed to the development of platforms for hiring temporary contractors. This gig work trend has also created a new format for the employee-employer relationship, primarily based…

Tires, Steel, and Aluminum Tariffs Table of Contents Introduction Short-term and Long-term Jobs Impact Tire Tariffs Effectiveness Works Cited Introduction Steel, aluminum, and tire tariffs are regulated by the US even in modern times. Their impact on the domestic and foreign economies has different consequences. For example, in 2018, the United States rebalanced metal tariffs…

The United States Federal Government Debt It is possible to notice that in the contemporary world there is a growing concern about the increasing United States federal debt. In 1776, this rate was equal to $800 million approximately, while in the present day the number reached $28.5 billion (US Debt Clock). It is possible to…

Middle East Oil in Uncertain Times Middle East Oil in Uncertain Times is a presentation by Bassam Fattouh, which is dedicated to the specifics of the dynamics in the global oil sector. The presentation reviews the most recent trends in the sector, provides illustrative examples, and makes relevant suggestions on the potential responses of the…

The Travels of a T-Shirt in the Global Economy Book by Pietra Rivoli Pietra Rivolis book The Travels of a T-Shirt in the Global Economy describes the processes that a T-shirt moves through before and after it makes a finished product. The author uses the T-shirt creatively to analyze issues related to international business, including…

Public Interest Approach and Its Adoption in the US In a free economy, the market constitutes the main tool for fairly and effectively managing the allocation of resources. Yet, there are certain situations which require interference from an external agent to correct the course of the market. Governments are the primary parties which possess the…

IT Market Situation Overview The IT market includes everything related to computers and the network. This industry is one of the fastest-growing in the global economy. It has a significant influence in the developed world and connects many essential aspects of life, such as the economy, government, and society. A person encounters the subjects of…

Supply and Demand: Main Aspects and Effect of Changes Table of Contents Marschalls Economics Demand Theory Supply Theory Effect of Changes in Supply and Demand Implications of Tax Black Markets Works Cited Marschalls Economics Alfred Marshall was one of the most influential economists of the mid-nineteenth century and the beginning of the twentieth. His Principles…