Ghana - Under Economic Underdevelopment After its independence in 1957, Ghana appeared relatively prosperous compared with many other African countries. Agricultural crops, including yams, grains, cocoa, oil palms, kola nuts, and timber, formed the base of Ghana's economy, which was moderately sta...
Capitalism best describes the contemporary economic and political systems in the world. These systems are characterized by private enterprise, that is, a country's economy is controlled by individuals whose aim is to make profits. Such private enterprises can only thrive where government policies pr...
Government's Role: Like other neighboring countries in Northeast Asia, China's economic growth has also been dictated by the government. China roots its strategy in the work of Friedrich List, a classical economist, who argues that government intervention is important to an economy's growth. In the ...
It is noticeable that the functions of technology and education played major roles in the US although opportunities in other fields such as job vacancies are on a steep decline. I agree with international students who think that US has a reputation for dominating the world with education and IT sect...
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. Pakistan has numerous social crises and unemployment is one among them. The graph of u...
The vast economic reformations undertaken by China at the end of the years seventy, the peaceful breakup of the communism of the Soviet block at the end of the decade of 1980 and the one roots and constant growth of the reformations with base in the market that took place in the democratic India in the years ninety, figures among the most notorious examples in this tendency. ...
Question What led to the "Industrial Revolution"? Is this term correct, or might it be a misnomer? Why? Response Historians consider the industrial revolution as the most significant period in the history of humanity. The Oxford English dictionary describes the industrial revolution as a rapid ind...
Japan is one of the world's leading powers, second only to the United States in terms of economic and technological advancement. It is also a fascinating country with a long history, rich culture and a keen sense of global citizenship. Japan is a country that has evolved from an agricultural, sub-standard industrial society to one of the world's most advance, industrial and technological countries in the world. It is also one of the closest allies and most important economic partners of the U.S. The scale of Japan's growth is easy to demonstrate but understanding the reason i...
The roots of financial crisis where everything has started can be followed back to deregulation of financial markets in Western Europe, United Kingdom and United States, which has happened from late 1970s and the beginning of 1980s. ...
Even though the desire of the Chinese citizens to end the Communist regime and establish a democracy resulted in the government returning to its conservative roots, the revolution was a wake up call to the west to act against the oppressive acts of the Chinese regime. ...
