Essays on Downturns

Progressivism in the 1970s

Progressivism, according to the West and Schambra, was a socioeconomic and political reform movement period during the nineteenth and twentieth century America in the 1970s. During this period, various political leaders, social reformers and intellectuals sought to find solutions to the political, cultural, social and economic challenges that had been brought about by the growth of capitalism and the Industrial Revolution in the United States (1). This group of leaders such as President Carter and individuals were termed as progressives who were convinced that some of the changes being witnessed then in America indicated the end of the old ...

Strengths

Among Hilton Hotels Corporation's strengths is its diversified product portfolio that comprises of resorts, restaurants, holiday homes and hotels. This diversification is also available in terms of price. An advantage of such a diversified portfolio is that it cushions the firm against economic downturns as it has services available for different levels of disposable income. In addition, this portfolio helps the firm mitigate service failures by a single brand, as other brands are perceived by the market independently. Hilton's global leadership position gives it superior bargaining power in regards to suppliers; furtherance, it ensures the firm enjoys economies of ...

The American family unit is currently undergoing a number of drastic and dramatic changes that are a concern both to the social systems of society and the criminal justice system. The changing face of the American family in terms of function and structure, for instance has a significant influence on delinquency and delinquent behaviors. Due to these changes currently being witnessed in the American family, the link between the family life and delinquency has become a critical issue in the contemporary American society. The extended family has, for the most part of the family structure, replaced the nuclear family ...

1. Introduction

1.1 Statement of Purpose

The Crink Insighters Company will be a medium size market research agency that will be located in Troy, Michigan. The company will occupy will occupy the back 3600 square feet of 743 Main Street on the Second and Floors. This is a new business in the start-up phase. The company will however establish other centers across the major cities in the country. The Crink Insighters will be market research agency that will be running a series of surveys for our clients. The company will be offering two types of research services: Branded research, which will entirely be ...

Introduction

Whatever persuasive the financiers’ statements regarding the controlled and secured national debt might be, any credits do not mean that you have been given a gift which is not expected to be returned. The nature of the credit is that it involves a paying back procedure or “repayment” as it is referred to in the economic system. I am deeply convinced that huge and growing public debts do not bring anything perpetual to the economy – it is just a delayed, “buried” bankruptcy challenge. The figures illustrate that the more available credits were to people and the more a country’s standard of living ...

Introduction

Financial markets in the economy have a role of linking the demanders and also the suppliers of funds. They enable firms and individuals to access capital and invest any surpluses. These are the markets that allow the financial sectors of the economy to run smoothly. However, many individuals do not understand these markets despite their crucial role in the economy. They have varied reasons for their failure to comprehend these markets and these reasons limit their understanding of the markets. This serves as the foundation for the thesis of this paper that is – accountants have a role to play to enhance ...

Quality and Project Management

SWOT analysis helps an individual or an organization to identify internal (Strengths (S) and Weaknesses (W)) and external (Opportunities (O) and Threats (T)) factors for success. The analysis then enables the individual or organization to focus on exploiting strengths and opportunities while addressing weaknesses and threats to improve performance. There are also other factors that affect a person or organization’s performance, which include political, economic, social and technological (PEST) factors. A PEST analysis considers each of the external forces particularly how they affect a person or organization. This is followed by the development of a plan for dealing with these forces ...

Demand-side Policies’

Executive Summary Initially a brief background of the devastating financial downfall of 2008 will be provided. This paper will then investigate the demand side polices before and after the recession. In the end some policy recommendations will be provided in order to improve the current financial situation and eradicate the economic cavities still left after the economic depression of 2008.

Introduction

The worldwide depression of 2008–09 was unexpected, stern, and gradual. During the time former to September 2008, the housing and financial segments in the United States and numerous European nations faced gradual negative consequences. Throughout this phase, there ...

Business Cycles

Economic or business cycles are fluctuations in economic activity (economic conditions), consist of repeated compression (economic recession, recession, depression), and expansion of the economy (economic recovery). Cycles are periodic, but usually irregular. Usually (in the framework of the neoclassical synthesis) are interpreted as fluctuations around the long-term trend of economic development. Cyclicity in the development of a market economy is explained, first of all, by the influence of internal factors inherent in the system itself. The mechanism of the "invisible hand" of the market on the basis of economic laws (laws of supply and demand, competition, capital accumulation) is ...

(Professor/Instructor) (Course/Major)

Introduction In the 21st century, two facts will pose significant threats to the global economy. One, the demand for energy across the globe will grow by at least 50 percent by 2030, and the use of non-renewable energy sources will continue to be the main source of energy, supplying 86 percent of global demand. Alberta, Canada is in a prime position to capture a major part of the global energy demand market. Located in the western part of Canada, Alberta is second only to Saudi Arabia in identified energy reserves among the global market players. Majority ...

Background

During the World War I, United States and European countries economies had forged an intimate and unique relationship and owing to this, the Great Depression spread to these countries. After the World War I, United States emerged as a major financier and creditor of postwar Europe. The national economies of European countries were greatly weakened by World War I and the war debts (McNeese, 2010). In particular Germany and other countries that were defeated were expected to finance war reparations. The United States Economy slowly slumped after the World War I and the American investment credits flow to the European ...

Interest rates are amounts charged by lenders to borrowers as fees on borrowed assets. The interest rate is the price an individual pays for the use of money they have borrowed; it can be thought of as an economic rent. When a person deposits money in a bank, they receive interest as a percentage of the total amount deposited. Similarly, when an individual borrows money, they pay interest to the lender as a percentage of the total money they owe the lender. The percentage of the principal amount paid as a fee over a given period is the interest rate. Interest rates are macroeconomic variables ...

INTRODUCTION

Background Information CareerBuilder is the biggest online employment site and it serves over 24 million visitors on every month. It is thus the biggest online employment company in the United States. In the recent economic downturns there has been a great demand for jobs by the ever expanding population which is not matched by enough supply of jobs. It has also been noted that most job seekers tend to utilize the internet in job searching since it’s an easier way which embraces technology (Beatty, 2006). Therefore, CareerBuilder saw it worthwhile to venture into this business of matching possible ...

Labor union is an association of employees formed with a main objective of improving members’ welfare (Peruek, 5). Over the years the labor union has developed into various forms which are mainly influenced by the economic, social and political changes (Besley, 9). The duties and activities of the labor union vary depending on the sector which the members of the union are drawn from. Despite undertaking different activities, the major goals of any trade union are a right to collective bargain for the welfare of its members and the right to call for industrial action in case they disagree with ...

Introduction

India, a country located in the South Asia has a population of over 1.2 billion people making it the world’s largest democracy. The population makes the country the second most populous county after China. By area, India is the seventh largest country. The Indian Ocean boarders India on the South, while on the southwest, there is the Arabian Sea. The Bengal Bay is on the southeast of India (Evans, 2011). The country shares boarders with China, Bhutan, Pakistan, Nepal, Bangladesh and Burma. In addition, Indonesia and Thailand share a maritime boarder with India’s Nicobar and Andaman Islands (Reagan, 2013). ...