Essays on United States Economy

Economic Impact of E-Commerce Payment Fraud

Abstract New technological tools and way of doing business B2C e-commerce have a considerable impact on the economy. There are diverse types of e-commerce applications; however, for this paper m-commerce, applications have been considered, and influence of the m-commerce payment frauds has been determined on the economy of the United States. It has been realized that the impact of m-commerce payment frauds is not large on the United States economy because m-commerce represents the very small amount of the economy, which account approximately 0.53 percent of the overall economy. The aim of selecting the m-commerce is that it is ...

Personal Finance

Personal Finance

Introduction

The economy of the United States impacts personal finance either directly or indirectly. Importantly, the government regulates personal finance through interest rates and taxes. Most taxes are directed to social programs to help the needy. Due to income disparities, citizens opt to acquire credit cards from local banks or other lenders. The credit card allows consumers to spend in advance and keep track of their expenditure. However, those who settle their credit card balance late, pay high-interest rates. The purpose of this paper is to address the role of government in the personal finance. Also, the paper ...

(Institution Name)

Introduction:

The personality that this assignment aims to focus is Alan Greenspan, who has served as the chairman of the Federal Reserve of the United States from 1987 to 2006 and is considered as amongst the most influential of people in the political domain of the country. He has now retired from that service and has his own company through which he provides consultancy to his client corporations. By profession, he is an economist who is acknowledged to have superb grip in his field and great expertise (Biography, 2016). There is found a lot of negative sentiment about ...

Introduction

The topic of discussion looks at establishing the extent to which China appears to be a threat to the United States. In this topic, there will be need to evaluate the relations between China and the US and determine the importance of the relations to the whole world. According to scholars and academicians, the relations between the two countries are very important to the economies of all other countries in the world. The supremacy of the two countries thus poses a challenge to each other in terms of who is superior to the other. However, the fact is that ...

Introduction

The global financial crisis of 2007-2008 changed business and political outcomes in the United States. The desire by the United States government to ensure that its citizens get affordable housing led to a concerted government and business effort that led to the housing bubble and then bust. The new housing policy had its basis in the idea of American exceptionalism. The term "American Exceptionalism," coined by Alexis de Tocqueville in 1831, has historically referred to the perception that the United States differs qualitatively from other developed nations, because of its unique origins, national creed, political philosophy, and religious institutions. ...

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 ...

In 2015, American workers began finding new jobs at a time when the United States economy was supposed to take off. However, Americans were not able to find employers who were willing to contribute to meaningful pay increases. Data suggested that unemployment was at a seven year low and the economy was at a steady pace when it came to job growth. This data was released at the same time the Federal Reserve was considering a raising interest rates. This would be the first time in almost a decade the Federal Reserve considered making such a decision. In the ...

Labor cost

Effect of the World Economy as China commodity increases Chinese has employed wide use of the mass production as a manufacturing strategy. This has lowered the price of commodities compared to other markets in the world. The Chinese product has been more competitive in the entire market and contributing largely to the economy of the country. The exported products to the international market from china have a competitive advantage due to the low cost. In comparison to other markets the Chinese products such as DVD player and sweater among others, are cheap and hence attracting consumers. United States has ...

In this paperwork, I am going to discuss about the growing proportion of older adults in the United States and how it may affect the nation economic, politically, and culturally. It has come to both the government and the citizens’ attention, of the unparalleled pace that the United States is aging at, hence resulting to an increase in proportion of the elderly. The economic, social, medical, and personal situations are strongly affected by this continuous increase in the number of people over age 65 years. Critics have argued that this imminent occurrence of aging will place unexpected pressure ...

Is the Federal Reserve Good For Business?

Federal Reserve System is the main banking unit of the United States. It was enacted under the Federal Reserve act in 1993.Its establishment was influenced by the need to address financial shocks in 1907. It is the central bank of United States whose role includes the supervision of commercial banks, government’s bank, and formulation of monetary policies and lender of last resort.

The main point of discussion is the role played by federal system in the United States economy. According to Daniel Indiviglio, Federal Reserve is the backbone of United States economy and why the economy has withstands ...

This reform is based some sections of the comprehensive immigration plans that are proposed as per the President Barack Obama. The legislation is yet to be approved. Amnesty that is being imposed by Obama regime as a measure to curb illegal immigration is projected that it will benefit 12-20 million aliens who are undocumented and are at present living in the United States of America. An amnesty basically s meant to forgive their illegal acts related to illegal immigration beside implicitly forgiving other related behaviors such a driving also working with falsified documents. The outcome that arises from amnesty is the ...

Introduction

Lately, the United States has been trending on a wrong path occasioned by their current budgetary hurdles. The current federal spending and debts are considered to be too high that it will take numerous generations to clear the debt. This is further complicated by the projections given on future spending and debts. The spending and debts are projected to rise by more than two-fold, largely due to increased entitlement spending. It is, therefore, clear that the current American economy will lead to the stagnation of future generations. A variety of academic research has pointed to the likelihood of the United ...

The Republican Party was established by anti-slavery activists in 1854. The party has commanded United States politics from its formation to the present when and is based upon American conservatism. It is, therefore, substantial to indicate that the Republican Party leads the nation's growth as will be demonstrated by this discussion. The focus of the inquiry is the function of the admi in the United States economy that has been observed as a model for other nations for the last 200 years. For over fifty years, the Republican Party conservatism involves resisting regulation and labor unions, supporting limited government ...

Thesis

This paper will discuss how capital markets influenced the creation of new economy bubble and the subsequent banking crisis. The first section of this paper will cover the topic of shadow banking and its emergence in United States. The Second section will highlight the phases of Bubble which United States economy went though in between the period of 2000-2008. The final section of the paper will list few reasons which were most relevant in bring the economic crisis and crippling the United States economy for coming years.

Introduction

In year 2007, with the burst of Housing bubble led to defaults ...

General Motors Company, is a multinational holding company based in in Detroit, Michigan. The company through its subsidiaries designs, manufactures, markets and distributes vehicles, offer financial services and sells vehicle parts. The company is among the largest auto makers in the United States. In June 2009, failed to secure government loans following a recession in 2008 and 2009 and it’s got into financial problems. It filed for bankruptcy forcing the federal government to aid it in its financial difficulties. The federal government gave General Motors billions of dollars to keep it afloat. The company has been in conflict with the ...

Introduction

Investing can be easier said than done. It is a process that not only involves money, contrary to what most people believe, but also time, effort, energy, skill, knowledge, and usually the most important of all, experience. It is a very tedious task. It has to be made clear that there is a big difference between making investment decisions and making gambling or shotgun decisions. While investment decisions do get affected by luck and other unexpected things such as the collapse of a company or a shifting market trend, it still is unique from gambling decisions. Gambling decisions are usually based on luck, nothing ...

It is difficult to overestimate the effect that increased globalization has had on the manufacturing and food marketplaces, particularly since the end of World War II. Up until the start of the recession in 2008, economic globalization was growing at a remarkable rate, as reported by the KOF Swiss Economic Institute, an organization that measures and tracks globalization (Dreher, 2013). However, as can be seen by the flat economic globalization rate since 2008, there are limits to the growth of globalization. A number of economic commentators have put forth the possibility of deglobalization (Samuelson, 2012). Some have stated that deglobalization ...

Organization Theory

Organization Theory The United States Small Business Administration is an agency that was formed in 1953 with an aim of helping Americans start, build and develop business enterprises. The agency also protects the infant industries’ interests from the competition by other huge firms in the market, and this enables them to achieve their set objectives. This state firm encourages entrepreneurs to develop their businesses so as to promote self reliance, and create employment in the American economy. Small businesses are the backbone of any economy as they generate for the government, and offer employment opportunities to people ( ...

Question 1

Political ideologies are the windows through which people view and believe the government should be run and public policies implemented. I believe in a combination of both the liberal and conservative ideologies. This is because the beliefs of both ideologies vary depending on the issue at hand. As far as gay marriages are concerned, I believe the conservative ideology is more logical. This is because conservatives believe in preservation o the traditional marriage. This means they appreciate the negative effects that gay marriages will have on the balance that exists in society due to the traditional home setting. Liberals believe ...

The industrial revolution began in the early 1760s and ended around 1840s. It took over a century to transform American systems and its impact is still felt today. This was the second industrial revolution after the first wave of industrialization was witnessed in Great Britain and the rest of Europe. The industrial revolution left behind far-reaching consequences that have characterized the American economy up to date. It has greatly influenced the direction that the American economic, social and political life has followed through the years. On the other hand, with increasing information technology, another revolution is under way. In 21st ...

Comparing the 2008 Us Crisis with the Japan’s “Lost Decade”

Both the Japan’s lost decade and the 2008 United States and the world financial crisis were caused by excess savings and inflation of huge asset bubbles. By 1980s many Japanese resorted to a lot of savings on their income as they expected to retire. This translated negatively on the economy as it lowered the Gross Domestic Product and weakened local demand of commodities. Furthermore, much savings simply meant that the Japanese citizen had foregone consumption. However, this problem was disguised in the Japanese poor finance policy as well as financial technology. Inflation therefore arose from poor regulation of the ...

Saudi Arabia played a much great role in the cold war that led to the lost of many lives. Its strategic location and the huge oil reserve made it to have a greater influence both politically and economically during the cold war. This is because various countries that participated in the war needed oil which was necessary ingredient during the cold war. Oil is was crucial at that time because it provided energy for moving from one place to the other during war. The oil was used to fuel military vehicle a factor which boosted military operation at that time. Oil also ...

Introduction

Many would not know it but immigrants actually do help bring the fuel to the Unites States economy, on behalf of about one in every seven workers. For the reason that of faster immigration and the decreasing of the U.S. population development, workers that are foreign-born actually accounted for just about half of labor-force growth that had occurred over the past years (Jason Furman, 2010). The great big part of the public attention was placed for on the huge amount of immigrant workers that have low skills, however the numbers of immigrants that have high skills really do move ...

Introduction and the Current State of the U.S.A.’s economy The United States of America, otherwise known as the U.S., the States or simply America, is the most powerful country in the world in terms of military capabilities and diplomatic influence. The U.S. is a confederation of 50 states, including Hawaii in the Pacific and Alaskan state located on the northwestern portion of the North American continent. Canada lies next to the country’s northern boundary and Mexico on the south. Having a total area of approximately 9,826,675 square kilometers inclusive of the total land area of ...

Arguably, 2000-2009 was the most difficult moment in the world economy. The financial crisis that took place in United States and the world became the worst financial munch to ever occur in the world. The financial crisis took place in the late 2008 at a remarkably speed, whereby most economic factors were fully disturbed. Mortgage-related securities, which had fully spread in United States as well as global financial systems collapsed. As a matter of fact, this crisis undermined several largest and renowned financial institutions in United states and the world. Additionally, the crisis damaged stronger economies and financial systems in the ...

Fiscal policy is the medium the federal government controls the budget position with the aim of stabilizing prices, promoting economic growth and creating employment. Fiscal policy tools include change in level of government expenditure, change in taxes and transfer payments or a combination of all the three according to Samuelson et al (110). Fiscal policy is divided into 2 categories: discretionary fiscal policy and non discretionary. Discretionary fiscal is initiated by the president in conjunction with congress by increasing or decreasing taxes. Discretionary fiscal policy can either be expansionary or contractionary “[sic].” Non discretionary fiscal policy is self triggered ...

Introduction

Over the recent years, United States economy has indicated a gradual decline resulting to cases of job cuts; which is presently one of the major economic issues in the United States. Increased job cuts by corporations’ poses a major challenge of increased unemployment rates in the United States. The United States seems to be facing a major economic disaster from all major sectors that contribute to its economic development. There is no sustainable economic improvement in major sectors like housing, health services and small-scale businesses.

Major businesses and financial corporations are evaluating strategies to cut down operational and overhead costs in order ...