Essays on Living Standards

Introduction to Entrepreneurship

Introduction to Entrepreneurship

Introduction

The term ‘entrepreneurship’ became very popular in the 21st century when people recognized the importance of introducing major changes in the world. Today, many people abandon their career as an employee and start entrepreneurial ventures with intent to earn unlimited income and to meet their self-actualization needs. Considering the scope of entrepreneurship in supporting a country’s economic growth, governments worldwide are willing to finance potential entrepreneurial start-ups today. This paper will critically explore the scope of entrepreneurship, giving particular emphasis to the operations of small business houses.

Obviously, time and money are two important factors ...

In-depth Audience Analysis

A chamber of commerce refers to a business connection, for instance, a local institution containing business, whose goals and aims are to establish continuous economic and community development focusing on establishing a community with a strong foundation. (Shapira & Youtie, 2008). The chamber addresses factors hindering the economic competitiveness, infrastructure, living standards, and the climate surrounding the business. The business stakeholders and other audience join and elect an executive, create policies, hire a chief executive officer and plan how to run the institution. This paper gives an analysis of the Greater Columbus chamber of commerce, which is located in Georgia. ...

Economic Growth

Economic growth is apparently defined as the process which stimulates and results to an increase in terms of the capacity regarding production of goods and the overall service. In essence, economic growth involves the comparison of the tremendous increase in terms of productivity over a given period of time. The key parameter used to determine the economic growth includes nominal terms, inflation in addition to real terms pertaining inflation (Lewis, 2013). Economic Growth has essential and parametric limitations in line with improving the overall living standards of people. In addition, the economic growth mainly depends on the channel of ...

In the modern world, the term “The Good life” is usually defined in a variety of ways by different people as every individual has his or her own perspective on what the term is all about. Basically, “The Good Life” can be termed as a desirable state of life that is predominantly characterized by high living standards or rather adherence to moral as well as ethical laws. “The Good Life” is an important issue to the society due to the fact that it involves individual’s lives which are not wasted with what can be regarded as mundane activities ...

Introduction

The victory of the allied powers in the Second World War was highly associated with the American entry into the war. The United States of America brought with them a military muscle consisting of state of the art mechanization and strategic military geniuses. The citizens of the United States of America had been through the most devastating economic depression in their history as the nation was followed by the ensuing regimentation just before the war started. The Second World War is probably the most mechanized and dreaded war in the history mainly due to its outcome and effects on ...

Introduction:

We have seen economic progress through the centuries, and we have prized that progress because the same has been making our living standards better and it is giving us access to so many services. That of the United States is an economy which screams progress, but within this progress, the economy also hides a great flaw. In this economy, the rich seems to be getting even richer, while the poor suffer through the worse of the ups and downs, at least this is a question that we are going to prove true or false in this paper. As per ...

Question/Problem Definition

In a global and competitive world of corporation, each organization aims to acquire a significant share of market and earn lucrative profits from loyal customers. On the contrary, the customers want products and services from organizations that ensure their quality at least possible price. In order to produce and deliver a quality product and/or service to the customers, it is important to have an in-depth customer orientation and standardization in production processes. The two aspects need a strong synchronization with the organizational culture and strategic decision-making. Organizations need to sustain a strong compliance with quality guidelines and factors that ...

Meaning of Neighborhood Stabilization Program

NSP (Neighborhood Stabilization Program) is an initiative established by the U.S Congress with the objective of stabilizing communities that have been subjected to property abandonment and foreclosures. This program was initiated under Housing and Economic Recovery Act of 2008, and it was intended to repurchase and redevelop the abandoned and foreclosed properties and homes (Neighborhood, 2016). Low- income individuals who default to service their mortgages usually have their residential property repossessed by the lenders. People are evicted from their homes, resulting in abandonment and foreclosure of the property. Such property would remain under the ownership of private lenders after ...

One of the economic issues that have made headlines in the recent past is the June 2016 referendum in which the UK voted to leave the EU economic bloc. The arguments for the move have been diverse ranging from the fact that UK was contributing to the EU budget and was not getting reasonable returns from the same, to the fact that EU was more socialist which limited the ability by the UK to forge ahead with development projects (Dorling and Danny i3697). The debate has exposed various microeconomic principles in play especially regarding the impact Brexit would have ...

The end of the civil war marked the onset of massive industrial revolution in the United States between 1865 and 1920. This industrial revolution triggered numerous changes in the American lives from how they earned their living, thought or dressed and thus causing significant impacts on the social, economic and political aspects of their lives. Industrialization had many advantages to the different groups in America but also posed some disadvantages which also affected some the people. The three top aspects of industrialization during the 1865 and 1920 era included urbanization, immigration, and technological innovations. First and foremost, urbanization became ...

Literature Review

Hafiz program was constituted for the wellbeing of unemployed in support during the job seeking period. The integral approach provides mechanism and platform in developing appropriate strategies required to assess the program and how unemployed benefits from the system. The beneficiaries of the Hafiz program are evaluated by social, behavioral and cultural perspectives to determine their living standards and the needs. The Hafiz program considers interpersonal dimensions recognition that consists social life covering family and how they influence behavioral changes. Therefore, the main focus is an observation of traditional macroeconomic in the determination of the family structure, their influence ...

There has been a growing interest over time in the way democracy and capitalism relate. Some of the remarkable contributions on this subject include Robert Reich's article on "super capitalism", and Warren Letter to Shareholders 2004 and 2015. The above paper seeks to outline Robert Reich’s and Warren Buffett concerns on the relations amid democratic citizenship and corporation. According to Robert Reich, democracy and capitalism are in a growing conflict (MacKenzie 381). He, however, argues that the inconsistency was not present in the period between 1945 and 1975. This situation is attributed to the fact that there was ...

Planned retirement age

I plan to retire at the age of 60 years. It is my hope that I shall have accumulated adequate resources to finance my post-retirement expenses. I also believe that I shall have done everything I have wished for in my career.

Retirement money

I will need about $641,000 for my retirement. This determination is based on my current and the expected salary as well as salary increases. The retirement fund requirement is also based on my current and expected expenditure. It also takes into consideration annual savings for retirement. I anticipate that my annual retirement expenditure will be about $ ...

Demographic movements accentuate the fact that current and future trends in the social, political, and economic fronts are directly affected by the issue of an aging population. It is a reality for people regardless of race or culture. However, the rate at which demographic shifts differs in countries worldwide will have significant effects on developed and developing countries when saddled by a high number of ageing population. This is because in a typical developing country, baby boomers opt to delay having babies or starting their own families as they focus more on themselves and career advancement. The same problem ...

CONTENTS I. Introduction 3 II. Overview of Fundraising Activities 3 a. Collecting online donations 4 b. Sending Direct mail appeals 5 c. Requesting Foundation Grants 6 III. Plan 7 a. Objective One – Development of the comprehensive, detailed and informative project proposal 7 b. Objective Two – Selection of the grant providers 8 c. Objective Three – Making Impressive and Persuasive Presentations 8 IV. Summary of the Grant Proposition 9

References 11

Introduction In spite of the fact that many governments all over the worlds are constitutionally vested with responsibility of taking caring of their citizens, the living standards in many developing countries are ...

Introduction

Human activity on the natural resources causes threats to the land sustainability either directly or indirectly. This paper examines soil erosion, genetically modified grains and overpopulation as the main threats to land sustainability.

Soil erosion and how it impacts the global food supply

Soil erosion is the washing away of the earth’s topsoil by agents such as wind and rainwater, and it occurs mainly due to human activities. Agriculture is the primary cause of soil erosion. When people clear natural vegetation to create framing fields, the topsoil is exposed to erosion agents such as the wind. Deforestation is also a leading contributor of soil erosion. As people cut ...

Introduction

It is imperative to note that productivity growth is an aspect that is often used by economists to gauge the performance of an economy. In evaluating the living standards of a country in the long-term, the efficiency with which capital and labor are combined has a significant role to play. However, it is worth noting that productivity alone cannot be relied on to measure the performance of an economy as it is inefficient. The concept has made most analysts to focus on other features such as labor productivity, a figure that is often arrived at by dividing the total ...

India’s Economy and Population

Introduction India exists as a peninsula in South Asia and it is surrounded by various water bodies like the Indian Ocean and the Arabian Sea. The neighboring countries along the Indian border are China, Pakistan, Nepal, Burma, and Bhutan. The land size of the country is approximately 3,287,263 sq.km, and it is ranked 7th among the largest countries in the world (India Location para 2). India’s population is 1.33 billion, and 50% of this population comprises people aged below 25 years. The number of males is slightly higher than females, where sex ratio between males and ...

Abstract

This study analyzes the effects of Solow growth model in the Chinese economy. The study also illustrates how Golden rule affects the operations of an economy. The study stipulates the significant effects of both the Solow model and the Golden rule in the economic and population growth in the Chinese. Various factors and variables such as the savings rate, capital growth rate and the labor ratio in the Chinese economy. The study specifically uses the characteristics of the Solow model in the Chinese economy to stipulate the growth in China. The GDP of China is thus explained by the ...

Introduction and thesis

Dexter is a young man with humble background who catches works hard through university, borrows money with his degree certificate as security and works on a laundry business that expands and makes him one of the richest young men in the region. He is given a pass to the golf club by one Mr. Hart, where he feels comfortable despite the fact that he does not belong to that class of society. He sneaks for some moments to a piano playing from the other end, and his solitude is distracted by a girl called Judy, of affluent means, who ...

Introduction

The Canadian labor market is abundant with skilled and qualified workers, and hence, the country’s labor market is becoming increasingly competitive. In this context, it is necessary for the government to ensure that all these candidates are employed and getting paid fairly. However, it is identified that Canada’s unemployment rate soared high during the recent recession and it has not yet recovered completely. Since Canada is a well-developed country, it is particularly important for the Canadian federal government to analyze the short-term as well as long-term costs of high unemployment rate to the country’s economy. This ...

Introduction

Business growth requires the adoption of various corporate levels strategies such as diversification into new markets. With that, it is necessary to identify the most suitable market regarding market demand and policies. That is because the country’s productivity determines the living standards, hence, the demand while policies determine ease of doing business and the productivity level. In that view, this report presents a recommendation and analysis of the most suitable country for Apple to expand to for its iPhone brand. To achieve the objective, the report presents a summary of the country of choice followed by an overview ...

In order to define ‘economic development’, I have looked into the literature on the subject to subsidize my answer. I have looked particularly into the works of Acemoglu, Laibson, & List (2016) and Rahnama-Moghadam, Samavati, & Dilts (1995). Acemoglu, Laibson, & List (2016, p. 205) indicate that the term less developed country (LDC) fosters images of backwardness, poverty, and lower levels of technological sophistication. They claim there is some truth in these images but, nonetheless, there is a broad range of countries that are correctly described as being less developed. One country has not reached the known levels of financial well-being that ...

Analysis of GDP and Its Limitations

Analysis of GDP and Its Limitations

Introduction

Predominantly, economic well-being has great connections with social well-being (Easterlin, 2001). As such, most of the public policies that are intended to improve the social welfare are usually directed towards variables that indicate economic welfare. However, not all aspects of social well-being have direct linkage with economic wellness. Thus, economic progress in a country does not entirely translate to social happiness among citizens since some economic growth policies involve trade-offs between social risk and income growth (Bok, 2009). In essence, economic well-being entails a measure of economic wellness of citizens in a country ...

Thesis: Modern Biotechnology can be harnessed to improve the global economic welfare in such fields as agricultural production, improvement of production processes and biomedical research.

Introduction

Biotechnology, in its simplest form, can be defined as the type of technologies that are based on biology. In its umbrella meaning, the term refers to the use of cellular and molecular innovations to solve such world problems like food security, development of treatment for illnesses and conducting research with an aim of improving manufacturing processes. Sometimes, biotechnology is used to provide solutions like replacement of energy that is produced using processes that push ...

Macroeconomics attempts to understand and solve various issues affecting an entire population or country. Some of the challenges that face people and governments include unemployment, GDP levels, economic growth, inflation, depression, etc. A nation’s ability to mitigate and improve the issues stated above depends on the long-run rate of financial growth. Over a long period, economists have found out that even the slightest difference in the long-run economic growth can have massive effects on the living standards and income of the average individual. This essay explores the impacts of long-run rate of financial growth on the development of ...

Country Economics: A Case Study of Malawi

Basic Facts and Information on Malawi Malawi, initially called Nyasaland, is a landlocked sub-Saharan developing country located in the South Eastern part of the Continental Africa, bordering Tanzania to the northeast, Mozambique to the east and Zambia to the northwest with a capital at Lilongwe. It is primarily an agricultural country but this is mainly done on small scale basis and, coupled with its warm and hot climate, it is considered as among the least developed and poorest countries in the world according to the latest World Bank and IMF figures (Chin, 2010). Moreover, with a population density of ...

"Average is over" was a book written by Tyler, an American blogger who explains the post advanced job opportunities in the market that are fading away in the middle range and entails the increasing income inequalities among the American people at work. This has left the people with only high earning jobs that use data analysis and use of machines equipment. It created jobs with little income to those unskilled people who were not able to learn and adopt new technology. The young people were the most affected as they received the low-income jobs due to inflation- adjusted wages. ...

Over the last few decades, the level of economic inequality has significantly increased, especially in the OECD countries (John 7). Essentially, the top earning population has acquired a large share of the overall gains in income. Fundamentally, there has been an increasing consensus that major assessment on the level of economic performance should not be based solely on income growth, but the distribution of income. Such assessments are highly concerned with the level of both economic and income inequality. Economic inequality measurements have numerous dimensions, and economists view it in terms of monetary assessments related to incomes for individual ...

Bargaining power can be defined as the ability to identify parameters in a negotiation, gain accommodations from other negotiating side, and tip the result of mediation to the preferred alternative (Dong, Zou & Taylor 101). Multinational Corporation, on the other hand, is a company with assets spanning over to other foreign countries besides its country of origin. These companies operate factories and offices in different countries with global activities controlled from a centralized location, mostly a headquarter. The ownership of these corporations is sometimes private. Some states form companies or seek shares in multinationals that are used to make foreign ...

Human population has experienced explosive growth over the recent decades. Population dynamics is a multifaceted aspect that encompasses not only population size, growth and density, but also the peculiarities of urbanization and migration taking into account such variables as age and sex (de Sherbinin et al., 2007). Lam, (2011) points out that demographic change is closely related to the three aspects, namely urbanization, fertility decline, and investment in children. “The growth of the world population goes hand in hand with global urbanisation: while around the year 1950 less than 30% of people lived in the cities, this proportion has ...

Human trafficking is one of the most pressing issues of our time. The victims of contemporary forms of slavery around the world are millions of people every year. Among all the types of human rights violations that draw the attention of the international community, human trafficking and illegal trade of human organs are undoubtedly one of the most brutal. Trafficking can occur across borders and within the same country. No one knows exactly how many slaves there are in the world now, because they are kept hidden and are not counted in censuses. However, experts estimate there approximately 27 ...

The nature of poverty and the reasons for its persistence related to the behavior of the individual and the state of the social system. Nickel and Dimed: On (Not) Getting by in America by Barbara Ehrenreich shows poverty as an integral part of the capitalist system and evaluate it as a benefit for the whole community eventually led to the problematization special lifestyle in poverty. This led to a search for a cultural mechanism of depletion (displacement to the periphery) maladjusted individuals, which combine and interact with individual and social factors. However, the author believes that the poor are " ...

Social Entrepreneurship of the 21st Century

Entrepreneurship has helped change the living conditions in different modern societies. Entrepreneurship provides new measures for the development of new products and ensures the increase of productivity in the economy. Governments of various countries have advocated for the improvement of the levels of entrepreneurship in the different countries. Improvement of entrepreneurship needs different innovation and invention processes to ensure the development of entrepreneurship in the country (Keohane, 2013). Finance is a fundamental requirement in the entrepreneurship process in every country. Social entrepreneurship is the attempt to introduce business policies and methods to provide solutions to the social, cultural and ...

Introduction and background information

The underground market is a precise example of free economic activity at work. The markets are entirely unregulated except by the participants themselves. No taxation takes place, and it is possible to pursue activities in the underground market which are illegal. The market can be very popular. Indeed, the smugglers (the earlier form of underground markets) were sometimes, known as ‘free traders ‘in medieval Europe. The major factor influencing the growth of the underground market is high taxation by governments. The increased tax is because of the ever increasing public expenditure with dwindling resources at the disposal. Reversal is ...

Implications of global engineering profession

Abstract It is certain that engineering profession exists in full capacity to meet societal interests. This means that engineering possesses an inherent impact on the community. An engineer would conduct themselves towards other engineers, employers, clients and the society as a whole as part of their profession. The codes of professional conduct are basic in laying the road map for professional relationships. As professionals, engineers internalize professional codes to realize and realize their stake in the application to the society. Engineers view their professional codes as just static statements developed by their predecessors with little or no contribution from ...

Introduction

Over the time, society, and the United States citizens have blamed the media as portraying black women in a negative light. However, the roles that the black American women play are a result of their willingness, and as such, they are indeed the cause of the negative portrayal that they receive. Apparently, several black American women in the United States are willing to take up any role and undertake in with the intention of earning some dollars and improving their living standards. Readiness to take up roles, which encompass violence, mismanagement of money, poor etiquette, and rowdy behavior, are ...

Establishment of BRICS was one of the most significant political events of the beginning of the XXI century. BRICS is a group of five fast-developing countries: Brazil, Russia, India, China and South Africa. The organization was founded in June 2006 during the St. Petersburg`s Economic Forum with the participation of the Ministers of Economy of Brazil, Russia, India and China. Before the inclusion of South Africa in 2010, the organization was known as BRIC. For the first time the acronym BRIC was proposed by Jim O'Neill Goldman Sachs`s Bank analyst in November 2001. The sequence of letters ...

Executive Summary

This is an inclusive marketing plan with a primary objective to raise awareness and raise funds and thereby helping OXFAM achieve its core objectives in the market. OXFAM is an organization that works in different countries to eradicate poverty and various social injustices. The market name is OXFAM organization which is based in the United States of America. The target group for this organization is the Middle East where the team tends to raise primarily awareness and raise funds. The organization is a non-governmental organization that primarily aims at improving the living standards of the less fortunate in the ...

Article Analysis: World Poverty

Introduction In 2015, the United Nations is working with the World Bank’s ambitious plan to end extreme global poverty by the year 2030. This means that for the first time, every person in the world would afford common items and food to make their life easier. Many experts would debate on the main cause of poverty as it could be the changing trends in a certain country’s economy. Other factors would also include the lack of education, overpopulation, the presence of epidemic diseases like AIDS and malaria and even environmental problems like drought. Extreme weather can cause ...

Introduction

The US idea of insourcing jobs back into the country is a right direction. Moreover, bringing back of jobs to the state will increase the number of investments and capital. Also, it will increase the number of employment opportunities in the country thus rendering the economy and workers productive and creative. Bringing jobs back is also a good move for the US because it is an added advantage to the Government revenue and the economic growth.

Reasons Why American Companies Move Back Jobs

Insourcing brings lots of improvement to the lives of the Citizens and the country’s economy. The US decided to bring back jobs ...

Delivery date

Every country exhibits two kinds of economy, these are the formal and informal economy. However, the formal sector is the most important for every country. It's what determines the country’s position of development as well as growth. Formal economy is made up of all the sectors of the economy that can be taxed. The formal jobs which contribute towards the growth and development of the country and are taxed to make up this kind of the economy. They include companies, industries, big businesses and some medium-sized and small corporations. So long as they pay taxes, the business no ...

Financialization is the process by which financial institutions increase in size and influence on the overall economy by strengthening the country’s financial sector. The process occurs in countries that are perceived to have shifted their economies from industrial capitalism. It has been occurring in the United States and other parts of the world since the 1970s. The process has affected both the macro economy and the micro-economy by changing the manner in which financial institutions are structured and operate in the entire economy. The United States has experienced high levels of financialization through the loss of manufacturing and ...

Introduction

The term principles of economics as will be used in this study refer to unique techniques and notions that are often utilized by economists in adjusting economic activities. The term is often associated with an economy that designates proficient uses of resources by societies with a rationale to achieve their set goals. A shared understanding of the concept in any society is that irrespective of the geographical position where the concepts are applied, the use of the principles of economics applies in a similar way whatsoever. However, other researchers such as Crawley, (2015) assert that economic principles refer to ...

Assignment # 1

Is Wal-Mart Good for America?

This documentary provides a challenging environment to the economy of America. This documentary shows a competitive relationship between producers and big retailers represented by Wal-Mart, who contribute to some of the American businesses becoming bankrupt and increasing the rate of unemployment. Wal-Mart came up with low-cost shopping at outsourcing at large sellers after lesser local companies. Those who are winners or losers are examined as discussed as shown here;

International retailers have superseded producers in decision making concerning the type, quality of products, and price.

They ensure that the Americans can afford to purchase Chinese goods which are low priced as compared to products made in America. This is a ...

Bargaining power can be defined as the ability to define parameters in a negotiation, gain accommodations from other negotiating side, and tip the result of mediation to the preferred alternative (Dong, Zou & Taylor 101). Multinational firms and governments use their bargaining power to determine the degree of control of operations and desired outcomes that would be beneficial to either of them. A low bargaining power on either side would result in a low level of control regardless of whether each team preferred high control. Multinational companies derive their bargaining power from the ability to create more employment opportunities for ...

The aboriginal people in Canada are the indigenous people that live in Canada. They are made of the Inuit, First actions and the Metis. The issues that face the Canadian Aboriginals have attracted high mainstream media attention. There concerns regarding policy surrounding the issue such as self-governance, human rights, and employment and education standards. It is also well known that the Aboriginal population earns less the non-Aboriginal population. The course on aboriginal conditions has made me realize the various issues that the aboriginal people go through and that it is a crisis. One of the most important aspects of ...

Nationalism and the Press

Nationalism is a feeling of loyalty and devotion a person has towards his country. It is a sense of national consciousness where an individual praises his country and places primary emphasis on the country's culture and interests as opposed to other nations. Nationalism can lead to uniformity of thoughts, actions and assumption among various individuals in a country. Nationalism is a major cultural defining factor in any state. It mainly depends on a country's ideology and way of life. The press, on the other hand, is an independent body that sensitizes the citizens on various aspects of life including ...

Should UK leave or stay in EU?

Brexit would have an impact on the UK and the EU in the world. That would be most evident in trade policy. The UK would be likely to strike deals based on the domestic priorities but would have a lower priority than the EU. The impact of Brexit would mostly depend on the relation with EU after that move. Brexit would only happen if the majority vote to leave the EU in a referendum. The outcome is uncertain since there are unknowns, including the outcome of the renegotiation and timing of the vote. There is a need to assess ...

Introduction

The concept of consumption and consumerism involves a situation in which people are continually purchasing and using products mainly promoted by a capitalist economy. Virtually, the current society consists of consumers, making consumption and consumerism a part of the modern life. Ideally, consumption and consumerism determine the level of demand as well as the level production. Additionally, all innovations around the world are geared towards satisfying the consumers’ needs. As the consumers buy products in bulk, the economy develops, which in turn sustains the political class (Miles 148). Ironically, the consumers do not get much recognition, and they are ...

Breadth area(s) that the topic is related to; This section covers the two broad areas relating to the topic which include;

The science/description breadth area How can you use the perspectives of these particular breadth areas to examine the topic of your research within its global context? I will analyze the global patterns of consumerism

THE PURPOSE OF THE STUDY

The section outlines the reasons for conducting the study. RESEARCH QUESTIONS This section captures five questions to be answered through the study. WORKING THESIS This section provides my anticipation as to what the answer to the research shall be. LITERATURE REVIEW In this ...

Introduction

The economy of Japan has seen a downturn with the economic crisis in the year 2008. Every country has been faced with the consequences that resulted in different impacts. The paper will present the economic indicators and overall economic situations in the Japan. The background of the country’s economic policies will be present, with international and regional trade agreements. The focus will be on presenting the specific economic data along with the definitions and interpretations. Further on, the current state of the country’s economy will be examined in the light of trade, fiscal and monetary policy.

Background on the country and recent economic policies

Japan ...

<<Course Name and Number>>, Urban Planning <<LNAME, Fname>>, <<University #>> <<Date>>, Word count: 1996

As Shanghai embraces the 21st century, it faces more challenges – environmental, social and economic. Rapid urbanization and economic growth has led to a high growth in population in urban areas with deleterious effects on sustainability and environment. All the factors are really interconnected and though this growth has benefited Shanghai and its people – by reducing poverty and increasing home incomes; one needs to evaluate the other effects of this development. Old problems typically ...

Rural tourism can be defined as a tourism project in the rural areas where people from all over the world come to visit, and the project is run by the community itself. It is a project in the community whereby tourism, visit the community so as to see their unique culture and traditional practices. For a form of tourism in the rural areas to qualify to be classified as a community-based rural tourism, the community must be the sole managers of the activity. They must also be the sole beneficiaries of all the financial and non-financial needs which are ...

Definition of the microcredit

Microcredit is the main tool of the microfinance concept, which is considered to be invented by the Professor Mohammad Yunus, the founder of Grameen Bank in Bangladesh. As it is stated on the Crammen Bank web page, a microcredit is a program of small loans, offered to the poorest people so that they could generate income through self-employment projects (Grameen Bank, 2012). Microcredit can be also defined as a small loan to poorer households or small entrepreneurs, that lack steady employment and a verifiable credit history. In most cases microcredit does not require any collateral, as its target audience ...

Intended Purpose: To convince the audience that the minimum wage in the US is not enough and that it should be raised.

Central Idea: Raising the minimum wage in the US

Introduction Attention Getter: How many people can honestly confess how much they are paid at their jobs? Very few people because they are receiving petite earnings and am sure that no one will say no to being paid a few more dollars, right. Thesis: Raising the minimum wage in the US has been one of the most frequent asked questions. Scholars have different arguments on the topic, but it is important to note that, raising the minimum ...

IMPACT OF TECHNOLOGY ON SOCIETY

Introduction According to Perrow (1967), technology is an action used to transform inputs to outputs. In other words, technologies are the tasks of individuals producing outputs. In microelectronics, technology can be viewed as those devices that make use of microprocessors and microcomputers. It also refers to user support services that are provided to assist users in performing the tasks. Technology is beneficial to man since it simplifies tasks for him, to work faster and efficiently. It also helps men to fit well to their environment. The main reason why technology is advancing is to improve the living standards of ...

Introduction

National saving is the total amount of saving done by households, individuals, businesses and even the government agencies. National saving is important to a country in that it lays the strong pillars of the national economy as well as the financial security of the people. This is because national saving guarantees the ability of the nation and the households to invest in more economic improving activities. This is an important step in cushioning the individuals and even the nation from the prevalence of inflation or future drops in economic prowess. It is also considered as the part of a ...