Although not the case with "Neo "-liberalism, liberalism has been known to allude to religious, economic or even political ideologies. ... Economic liberalism on the other hand differs. ... This type of individualism inspired free enterprise and free competition, which in reality came to mean "free market ", meaning huge profit gains for some. ... Economies take on an ahistorical, static nature and economic change becomes solely the result of exogenous changes in tastes and technology. ... Another occurrence I would like to address is the economic reforms that have t...

• Word Count: 2010
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Third, the competition among sellers ingrained in a free market system provides for lower prices and better quality goods. ... Buyers and sellers often don't have proper information to make informed decisions and competition may be controlled by a few large companies. ... He also stated that an "invisible hand" or competition would make or break a business. ... In this economic system, the government's role was reduced to only protecting the country against foreign enemies, ensuring competition, maintaining law and order, and protecting individual property rights. ... There are perio...

• Word Count: 1437
• Approx Pages: 6
• Grade Level: Undergraduate

In 1978, the Chinese government commenced economic reforms which saw the economy experience tremendous economic growth. ... In 2007, the country experienced a historical economic expansion of over 14 percent. ... The first factor that is impeding China economic performance is population. ... According, to economists, this was the worst economic downturn in the last six years. ... Declined demand of steel and iron has also affected China economic performance. ...

• Word Count: 2232
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Based on their religions and the way they believed what right and wrong within the profits they make is what created two completely different economic systems. ... All of these differences resulted in two different economic systems that were both acceptable and successful. ... Virginia began to establish plantations for tobacco and Plymouth was a seaport colony, and although they were different establishments both began to suffer from the increase of immigration which created massive competition for work within the colonies. Both colonies began to have a large amount of competition when it ca...

• Word Count: 728
• Approx Pages: 3
• Grade Level: Undergraduate

The unemployment in Pakistan has created various social, political and economic problems that can be rectified through good governance, vigorous economic growth, industrialisation, and pacification in the country. ... The unemployment has created sundry social, political and economic problems that can be rectified through good governance, vigorous economic growth, industrialization and pacification in the country.  ... Indeed, unfair regulations of competition in public and private sectors have disheartened the competitors. ... Accountability and transparency could also be controlled the unf...

• Word Count: 1536
• Approx Pages: 6
• Grade Level: Undergraduate

Changes in a society that increases innovation and adaptation, increase economic growth. A factor, which affects economic growth, is the number of previous ideas; new ideas build on old ideas thus the more old ideas the more new ideas are developed. ... The Internet reduces barriers of entry, cuts costs, increases competition and improves the function of the price mechanism, which mostly affects business-to-business affairs. ... Savings and productivity gains should mostly affect Europe and Japan this because the Internet by elevating price transparency and competition will directly affect the...

• Word Count: 881
• Approx Pages: 4
• Grade Level: Undergraduate

Regional economic powers like Brazil and Argentina eclipsed Colombia. ... As the new herald of South American economic prosperity, Colombia looks to forge ahead and build its economy and maintain its position as the economic leader of the Southern Hemisphere. ... The state, insurgent, and criminal groups are in competition for these resources, and the state is trying to secure the regions, regardless of limitations (Colombia's New Counterinsurgency Plan). ... Colombia has become a valued economic partner for the United States. ... Reforms continue to promote the development of capital mar...

• Word Count: 1528
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

China's Characteristics China's economic development started at a low level. ... They eventually opted for a heavy-industry oriented development strategy for three reasons: international competition, China's international political and economic environment, and their limited ability to effect industrial accumulation (Lin, 2003). ... They lacked capital, export capacity and an economic surplus. ... "At the initial stage of China's economic development, the capital was scarce, the economic surplus was small and was scattered in rural areas throughout China (Lin, 200...

• Word Count: 1745
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Here, Japanese economic policies have created conditions that were appealing to a multinational company that specializes in low-cost goods, Walmart. ... In the mid-1970's, foreign investment in Japanese firms became less attractive due to strong domestic competition and high labor costs. ... Foreign firms also offer more competition than the previously seen domestic-heavy economic competition in the past (Dimon and Gomez, 2014). ... Londesborough and Feroze also declare that inward investment will act as an indicator of openness, which in effect, will open the economy and benefit econo...

• Word Count: 1985
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

That's not to say, however, that there isn't healthy competition. Within the structure of an economy, competition assures that the wages earned by the worker and the prices paid by the consumer reflect a fair accounting of the labor behind a given product. ... And leading a better life is a direct pathway to success; especially economic success. Religiosity is a proponent of free, unbiased competition along with the preservation of property rights which encourages the people of a given community to engage with and, more importantly, behave well toward each other. ... Davies, Emeritus...

• Word Count: 2449
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

This process combines economic, social, cultural and political forces. ... While it yields visible benefits economically, the argument is that the cultural, and sometimes economic, conditions of weaker countries tend to suffer. ... Another claim is that poorer countries can't compete with stronger countries in the worldwide economic competition and that while the poor countries are prospering the rich countries are getting richer. ... Economic success is relative from country to country. ... Some feel that the incorporation of a worldwide economic system leads to the threatening westerniz...

• Word Count: 775
• Approx Pages: 3
• Grade Level: Undergraduate

Introduction Canada's premiere province of Ontario has been in an economic decline for the better part of a decade (Statistics Canada, 2012). ... Local manufacturing followed by the export to a broader array of regions is imperative to Ontario's economic health (Bone, 2011, 194). ... The automotive industry crashed due to competition from lower priced products with higher performance from foreign automobile manufacturers (Bone, 2009, 202). ... Assessing the Situation In order for Ontario to renew its economic wealth, the province has to focus on what it does best. ... Providing bet...

• Word Count: 944
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

The system still operates within a confinement of strict Communist control but the economic influence of non state organizations and individuals has been moderately increasing. ... The government has struggled to collect revenues due from provinces, businesses, and individuals, reduce corruption and other economic crimes, and keep up the large state owned enterprises (many of which had been shielded from competition by subsidies and had been losing the ability to pay full wages and pensions). ... China continues to lose farmable land because of erosion and various economic development. ...

• Word Count: 648
• Approx Pages: 3
• Grade Level: Undergraduate

I intend to investigate these areas, in addition to labour relations, education and the class system, as I feel that they have a distinct bearing on the late Victorian economic climate. The "technological retardist" theories are strongest in considering the erosion of "King Cotton` s" pre eminence, due in part to America` s competition and, the critics suggest, the British cotton manager` s lack of judgement. ... Here is the history of an industry that supplied one of the essential ingredients of modern economic life, is clear-cut evidence of a British resistance to technological change" ...

• Word Count: 3250
• Approx Pages: 13
• Grade Level: Undergraduate

Fundamentally, globalisation is about what is happening to the world today in the economic, political and cultural spheres. It is beyond the scope of this article to delve into all the spheres encompassing globalisation, therefore the focus will be on the economic aspect of globalisation often referred to as 'economic globalisation'. ... Globalisation has not led to economic prosperity for a vast proportion of the world population but instead backwardness and decline has occurred. It is hardly surprising that vast proportions of the world are engulfed in economic degeneration conside...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

Tea has emerged as Kenya's most important cash crop after a decades-long competition with coffee; its primacy has largely been the result of improved production by small farmers. ... The political and economic set-up during the colonial period thus did little for the economic development of the African peoples. However towards the end of the colonial era some economic development had started. ... The independent government was faced with many challenges revolving around the basic problems of economic development. The new government immediately implemented various economic policies and...

• Word Count: 2727
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate