Recession Argumentative Essays Samples For Students

Economic Recession and consumer behavior surround the "lipstick effect"

In the times of recession the consumer behavior also changes and especially for women the change can be observed as women cut their luxury spending from buying expensive bags and clothes and using the saved up money on lipsticks etc. It further establishes the point that women might spend more on beauty products in times of recession due to the reason that there are fewer financially strong men in the society. All these points gather up to a common hypothesis which can be stated as “Economic Recession and consumer behavior surround the lipstick effect”.
Lipstick effect can be termed as a ...

Generally, during recession period, there are theories that are implemented to try and remedy the situation. The two major theories that have been utilized during the United States of America to try and save big businesses are: supply side economics and Keynesian theory. Arguments have been put across regarding the best theory that is capable of rescuing big businesses during the recession. According to Boskin, many have been in favor of Keynesian while others have been in favor of Supply-side. In this paper therefore, is going to investigate both theories arguing in favor of supply-side. This paper will also ...

John Keynes, a reknown economist, argued that recessions are caused by the reduction of consumer demand within the economy. In his calssical understanding of recession John keynes believed that there was no way that prices and wages that are presented to labourers could be slashed in order to be able to help a given economy to be in a position to bounce back froma recession( Carbaugh 288). Keynes understanding of a recession was driven by the idea that because every participant within the economy hurts during a recession, it is not worthwhile to introduce a collective measure that would create more strain to the peiople ...

The idea of marriage entails two people who commit to a relationship by law to live together in riches and poverty, through sickness and health till death do them part. The notion provided by soap operas is that both men and women marry based on love. Note that there has been a steady increase in the age at the initial marriage for both men and women in the US. The median age has been noted to rise consistently, rising from 23 for men in 1960 to 28 in 2010. There are varied factors that have been associated with this ...

Introduction

In today’s modern society, life after graduation is certainly one of the greatest puzzles of life. Because of the extreme job competition, many underprivileged students who were not able to continue their education up to college may end up looking for a job as their primary source of income. There are companies who offer jobs that specialize in operating heavy machinery and doing jobs which are related in everyday living such as cooks, computer technician, carpentry, artisans and many more. There are also high school students who work part time in order to earn money for their education by ...

After the economic crisis broke out in 2008, what economic system is best for the country, especially for the bank, becomes a hot topic between people. According to what we learned from the Great Depression, the British economist John Keynes state that government intervention can help a depressed economy through monetary policy and fiscal policy (Krugmanand Robin). Also, from what Keynes said and from the great depression, it also tells that too much freedom on the market will produce exactly the opposite results. Similar situations as to banks, during the recession, if the government can give the assistance at the moment, ...

Introduction

During the past three decades, companies operating in various sectors of the economy have experienced various changes in the scope of their operations. The service and manufacturing sectors have encountered dramatic changes in their business environment. Competition from companies operating in the same industry whether in the same jurisdiction or in global markets has resulted in situations where companies embark on revolutionizing their management to enable companies to remain relevant and competitive in today’s extremely competitive global environment. Consequently, a considerable reduction in product life cycle due to advancing technological trends has posed a considerable test to meet customer’s ...

Immigration has long been a part of history since the early century as the early civilizations learnt of each other, fostering camaraderie and partnership between nations to improve the country. Many stories of immigration are detailed throughout history, especially those who immigrated due to wars and discrimination in their home lands. Through the years, immigration became a part of each nation, whether for the better or for the worst. According to the Swiss Federal Department of Justice and Police, immigrants or migrants tend to move and live far away from their native countries due to the following reasons: poor living conditions ...

President Obama is a Keynesian and social democrat in domestic policy, and has been forced to deal with the worst depression since the 1930s. He has rightfully rejected the conservative laissez faire policies of the last thirty years in favor of government stimulus, investments and support of the economy that have prevented far worse consequences for the American people. In this area his policies are far preferable to those of his Republican opponents and he should be reelected. This is also true of his foreign policy, which is more realistic and pragmatic than that of his opponents and less likely ...

In his article “Why the United States is in Decline,” Professor Hu Angang discusses the rise of China by examining a number of aspects which he considers demonstrate the decline of United States (Hu, 2014). In making his point Hu, discusses the specific circumstances of America’s decline and China’s rise. In his explanation, Hu concentrations on five main areas of scrutiny: GDP, manufacturing output, exports, human capital and national strength (Hu, 2014). While Hu’s analysis of the U.S. seems reasonable enough, the truth is that there is no proof to substantiate an inevitable and permanent American ...

Introduction

The immigration legislation in the U.S. today is the product of decades worth of political wrangling and public anger on both sides of the debate. The immigration debate has gone back and forth between the two political parties in this country to such a degree that there is de facto compromise on the elements of reform, and now all we have to do is implement the reforms that are already in place. The argument has gone back and forth for decades with both Democratic and Republican regimes signing legislation that encourages immigration then opposes immigration. The full circle is here ...

As one would be aware that Capitalism is the form of an economic system that dominates the world these days. This system has evolved out of human’s natural trading process. However, as put by Robert Heilbroner, it is both beneficial and dysfunctional for the society. Here I would argue that it provides greater good for the society. This ability also implies whether it also expected to dominate the centuries ahead.
Before we discuss the role of capitalism in the next century, we must acknowledge that it is near impossible for any economist to predict any major economic ...

Abstract

This paper explores the politics of environmental carbon reduction as it proves how market based instruments are hampered by political considerations, particularly in the case of reducing greenhouse gas emission. Environmental problems pressure national and global organizations, especially of climate change, Greenhouse gas emission is taken as a major solution to this problem. As the main argument, this essay proposes that market based instruments are very attractive as a solution to the environmental problems in carbon production but only in theory. In actual applications, they are usually hindered by political concerns. Politics is the baseline framework in environmental policy making and ...

Introduction

Discussion
America today faces several issues in its college education system. There are diferent reasons behind these problems. Several study reports suggst that majority of American youngsters is in favor of pursuing college education but they fail to do so because of several reasons. Today this issue has been emerged as a major concern not only for the academicians but also for those who want to see amrica’s future bright (Bledstein).
America has an expensive education system that prevents a large number of people from pursuing higher education. Tution fee and other expenses in American colleges are very ...

The economic growth of United States became even better in the 1900s which also brought about the disparity of wealth between the rich and the poor. The government and Wall Street have been working together in order to formulate laws that will favour the banks and the rich community (Penner). When there is a reduction of tax payment the rich will be able to continue investing and increasing their wealth while the poor may increase their wealth but it will not be same because they cannot afford to take risks with their wealth. The politicians also get their funding from ...

ABSTRACT

Higher education costs have increased greatly in the last thirty years, in part because of increased federal and state spending and growing enrollments. In the recent recession, though, high unemployment and student debt among graduates have raised questions whether a four-year degree is still worth the investment. In certain fields, particularly science and technology, university graduates will have higher lifetime incomes than those with high school diplomas, but this is not the case for those with liberal arts degrees. Universities have been reluctant to change their policies in an era of reduced public spending, despite government demands for lower costs, ...

Introduction

The world has witnessed various changes and transformation prior to reaching its current stage. The contemporary changes in the world’s social, political, and economic aspects has to a large extent modified and affected people’s way of living. The 21st century is not exceptional from these changes. Despite having positive impacts to human development, global transformation has also played a critical role in advancing world’s economic and social development. In this respect, education has played an essential role in facilitating modern changes and development. Particularly, education has been essential in developing people’s skills that has enhanced modern globalization. ...

The two main political, social, and economic systems within the global arena are capitalism system and socialism system. Capitalism and socialism differ widely in various aspects such as equity, ownership, unemployment, efficiency, and economic systems. In addition, capitalism and socialism hold different views and perceptions on religion, way to change, philosophical drives, political movements, and key components amongst others (Nell 178).
Whereas capitalism system takes very little concern on equity and instead encourages inequality for the purposes of production, socialism enhances redistribution of resources for the main aim of ensuring equality amongst the citizens. Under capitalism system, business ...

Business Cycles

Generally a business cycle is defined as a cycle consisting of a period of declining aggregate economic activity that is followed by a period of rising economic activity. The low point of the contraction is called the trough and the high point of the expansion is called the peak.
According to Macroeconomic Schools of Thought; “a macroeconomic model that focuses on real, rather than monetary, causes of the business cycle”.

However a renowned website describes business cycle as;

“The term business cycle (or economic cycle) refers to economy-wide fluctuations in production or economic activity over several months or years. These fluctuations occur around a long-term growth trend, and typically involve shifts over ...

Bilbao is one of the most storied cities in Spain, dating back more than 700 years. Presently, it has about 500,000 people within its boundaries, but Greater Bilbao, an area over 400 square kilometers in area, has over 1 million people.1 Although it had long been a leading port, it also gained prominence in the shipbuilding, chemicals and steel industries; however, when those industries began to decline after the death of Franco in 1975, the city sank into a recession. One of the causes for this recession had been Franco’s insistence that these industries only serve Spanish clients instead ...

According to the United States Department of Labor unemployment insurance is a kind of compensation given for those categories of workers, who are unemployed but not because their own fault. Such benefits are given during a specific period of time or till the time a worker finds a new job (United States Department of Labor, 2010). Besides, apart from regular unemployment insurance, which can be used up to 26 weeks, there are extended unemployment benefits and they are applied to those categories of workers, who exceed the time framework of the regular unemployment insurance during the time of high unemployment rate. Claims for ...

Abstract

Post the global economic recession of 2009, the government announced budget cuts across states. This placed great pressure on public schools to save costs in order to continue functioning. One of the cost saving measures employed by schools in several districts of the United States was to make cuts in the school. While this measure surely saves schools a lot of immediate costs, it needs to be evaluated what kind of an impact such a measure would have in the long run, especially with concerns being raised about the quality of education being provided in a shorter school year.

Cost Cutting Pressures

The US economy ...