Did you know a couple of years ago in the Philippines a little over half of the country's population was living below the poverty line? ... Living in America shows how thankful people should be for what we have because other people in different countries are struggling more than you. ... Individuals living in the Philippines are said to be living in absolute poverty when they are unable to obtain at least a specified minimum of food, clothing, and shelter, all of these are necessary things to a key to survival. ... In 1985 a little more that half of the countries population was living bel...

• Word Count: 691
• Approx Pages: 3
• Grade Level: High School

As you can see in the graph below, this figure has been rapidly growing throughout Australia's history, whereas the public sector remains stable in its contribution to net foreign debt. ... In the last half a decade net foreign debt has been steadily increasing as shown in the table below. ... We are living beyond our means and spending money we don't have. ... • A decrease in the standard of living  Due to this more income will need to be used on the higher interest payments, income must be diverted from consumption. ... This may also increase the standard of...

• Word Count: 1354
• Approx Pages: 5
• Grade Level: High School

If aggregate demand is weak, the total output will be below full potential, unemployment will be high and recession or depression may occur. ... Investment spending by businesses is an important economic process because capital goods are added to the economy which in turn increase productivity thus making possible a higher standard of living and improving the international competitiveness of Canada's producers. ...

• Word Count: 442
• Approx Pages: 2
• Grade Level: High School

Most of us have experience living in the market economic system, and that makes economics seem like a common-sense field -- but sometimes that common-sense feel can be deceptive. ... By contrast, the "quantity demanded" is the particular point on the demand curve, as in Figure 2 below, or the quantity in a particular line of the table. ...

• Word Count: 662
• Approx Pages: 3
• Grade Level: High School

NICARAGUA HISTORY Nicaragua takes its name from Nicarao, chief of the indigenous tribe then living around present-day Lake Nicaragua. ... Nicaragua remains the second-poorest nation in the hemisphere with a per capita GDP of less than $500--below where it stood before the Sandinista takeover in 1979. ... Nicaragua also depends heavily on remittances from Nicaraguans living abroad. ... EMPLOYMENT IN NICARAGUA In Nicaragua, more than 50 percent of the population lives below the poverty line (US$104) (dol.gov/ilab pg 2) with 80 percent of those people living in extreme pover...

• Word Count: 4098
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School

The fundamentals for an economy is to maintain a substantial living standard for the upcoming future in order to increase the production of capital goods. ... Quality of Life Quality of life results from economic growth and is a measure of welfare or prosperity of an individual's standard of living by the country's population, which are based on factors like healthcare and education level. ... The table below refers to the distribution of income in Australia and China from resources collected from...

• Word Count: 2966
• Approx Pages: 12
• Has Bibliography
• Grade Level: High School

These statistics give somewhat of a good picture of what everyday living is like in Germany. ... Although it is good that Greece has lowered inflation, the other countries in the EU are below 3% and that is where Greece should be. ...

• Word Count: 1623
• Approx Pages: 6
• Grade Level: High School

"We need to reawaken this giant." -Ronald Reagan. When Ronald Reagan entered office, the American economy was in a state of decline. Economists were doubting the American system of free enterprise, and some thought Russia's command economy was the answer. The Keynesian school of thought figured that the economy had reached its limit and could advance no further.1 Reagan, however, knew otherwise and pursued his domestic policy of supply-side economics. ...

• Word Count: 3958
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School

"Money makes the world go 'round." Sports could not exist without the presence of money. You have high paid athletes asking for multi-million dollar contacts, while at the same time you have doctors not even making close to that amount. There are corporation buying out sports teams, buying stadiums,...

• Word Count: 5027
• Approx Pages: 20
• Grade Level: High School