You can use this money to help pay for funerals and other expenses that come along with dieing because like hospital bills funerals are very expensive and most people would not be able to pay for one out of pocket. ... In order to convince people to get life insurance the agencies will split it up in to two types of insurances that will cover you for a different amount of time, term and ordinary life. Term insurance is a lot cheaper but it is usually a month by month coverage whereas ordinary life is a lot more expensive but it covers the person for life so it all depends on the buyer to make ...

• Word Count: 732
• Approx Pages: 3
• Grade Level: Undergraduate

Alfred Marshall is one of the most influential people in modern economics over all, but especially to his well-known students John Maynard Keynes and Joan Robinson. ... He said, "Political Economy or Economics is the study of mankind in the ordinary business of life; it examines the part of individual and social action which is most closely connected with the attainment and use of the material requisites of well-being....

• Word Count: 890
• Approx Pages: 4
• Grade Level: Undergraduate

Gregory McNamee reviewed Kevin Philips Wealth and Democracy and found that the book "examined cycles of economic growth and decline from the founding days of the republic to the recent collapse of technology stocks, Phillips dispels notions of trickle-down wealth creation, pricks holes in speculative bubbles, and decries the ever-increasing "financialization" of the economy--all of which, he argues, have served to reduce the well-being of ordinary Americans and government alike. ... Payroll taxes mean working people don't take home much more than 20 years ago. ...

• Word Count: 1228
• Approx Pages: 5
• Grade Level: Undergraduate

Globalisation The word globalisation has become a buzzword since its inception at the beginning of the 1990s. A cottage industry on globalisation has emerged from which academics and intellectuals make a living by writing articles and travelling the world debating with others. The financial and business sections of broadsheet newspapers are continuously littered with issues concerning globalisation and meetings are frequently held by the superpowers to discuss the state of the global economy, such as the meetings in Doha in Qatar, Cancun in Mexico and the IMF summit in Dubai. As a result of...

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

In fact, scans reveal a patch at the front of the brain in people with records for criminal violence. ... After showing these people short films, Dr. ... People who live in such areas experience conflicts frequently and therefore face the flourishing of antisocial behavior. ... People who defend that theory believe that the ability to reach goals depends on social class, since citizens of a low class are able to achieve their goals through ordinary means. ... Certainly, there are people who recognize each of these ideas and develop a combination theory of which to educate and direct therapy fr...

• Word Count: 1551
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

A lot of people little firms work under states of monopolistic competition, including freely possessed and worked high-road stores and restaurants. ... Monopolistically focused firms are thought to be benefit maximisers on the grounds that firms have a tendency to be little with business people effectively included in dealing with the business. 9. ...

• Word Count: 2996
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

Kenya, the land of great sceneric beauty and friendly people, lies in the eastern part of Africa. ... It is with Tanzania and Uganda that Kenya formed the East African community The main features of Kenya are: its economy, its agriculture, its people, and its social activities. ... Before the turn of the twentieth century, Kenya was mainly inhabited by the African peoples and its economy was almost entirely at a subsistence level. ... Since the African peoples were not allowed to engage in cash crop farming, to pay this tax they had perforce to seek wage employment. ... The political a...

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

He also believed that the wealth of a nation consists in the well being of the mass of ordinary citizens. "Smith tried to convince people that the wealth of a nation would be promoted with vastly greater effectiveness by the obvious and simple system of natural liberty than by national planning of the mercantilist sort" (Smith 391). ... Smith had a very negative view towards government and said, "There is no art which one government sooner learns of another than that of draining money from the pockets of people" (Kilcullen 3). ... In Wealth of Nations Smith tries to explain why people hav...

• Word Count: 3103
• Approx Pages: 12
• Grade Level: Undergraduate

THE SOUTH AFRICAN ECONOMY Brief economic history During the 1960s the South African economy expanded at an annual average rate of 5,5 percent and experienced average inflation of 2,4 percent. This compared with annual growth of 5,0 percent in industrialised Organisation for Economic Corporation and Development (OECD) countries and inflation of 2,9 percent. Dollar per capita income grew 73 percent during the decade. The 1970s were turbulent years internationally and the domestic economy grew by only 3,2 per cent per annum (versus 3,4 percent in OECD countries). Relative economic performan...

• Word Count: 6046
• Approx Pages: 24
• Grade Level: Undergraduate