Our first look at casino gambling came on riverboats along the Mississippi River and small southern river towns. ... All of the new development created by the hiring of out-of-area employees is taking place on the outskirts of Las Vegas. ... The same is taking place in other newly formed casino towns. ... Only a small percentage of the visitors that go to casino towns are actually from other states. ... With practices such as this, casinos will make the roads an unsafe place to be. ...

• Word Count: 1628
• Approx Pages: 7
• Grade Level: High School

The reduction of trade barriers in the country seems to have taken place primarily in unskilled labour-intensive industries, leaving low-skilled workers behind (Sen, 2009: 119). ... This circumstance forced small farmers out of business, while farm holdings generally tended to concentrate into larger entities owned by transnationals (Madeley, 2000: 73-76). Along with rising inequality, food security became an issue as shown by other studies published in 1999: The findings display that after opening up to trade, countries usually stop supporting their own food crop sector and small farmers in...

• Word Count: 1318
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

The net result is that although speculators may act in a rational way to benefit themselves, small investors may still be terribly hurt in the process. ... (Ghose, 2000) My opinion Although net capital flows to developing countries tripled from roughly $50 billion a year in 1987-89 to more than $150 billion in 1995-97, (E&M, 1) and developing countries have received an increasing share of global inflows of foreign direct investment, rising from 23% in 1970 to 38% in 1997 (Ghose, 11), it has been a relatively small number of developing countries that have benefited. ... The nett ...

• Word Count: 2004
• Approx Pages: 8
• Grade Level: Undergraduate

China's recent rise in agricultural production is primarily due too reform's that started to take place around the 1980's. ... This small investment into agriculture was made possible by keeping the standard of living of farmers at the lowest possible level. ... Farming was labour intensive, with small-size plots. ... This new system evolved over the nest five years and by the mid 1980's the characteristic's of this new system were in place. ... With these new agricultural policies in place, high-speed growth followed for China's agriculture between 1979 and 1...

• Word Count: 2348
• Approx Pages: 9
• Grade Level: Undergraduate

The Oxford English dictionary describes the industrial revolution as a rapid industrial development, which took place in England in the late eighteenth and early nineteenth centuries, chiefly owing to the introduction of new or improved machinery and large-scale production methods. ... The improvements were small in nature, but collectively they had a profound effect in the growth of the cotton industry. ... Therefore, limiting the industrial revolution to small parts of Britain seems to do injustice to the other regions that experienced exponential growth slightly higher than that in Britain ...

• Word Count: 2253
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Another incident got five Greeks in an Albanian prison, thousands more Albanians shipped out of Greece, and a small border skirmish. ... To survive as a small country in the Balkans, it helps to have friends in high places. ...

• Word Count: 1473
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Both countries, with a strong financial sector and an strong economic structure seems to have more than enough qualities to be the most prominent market places for International financial trading, as there are backed up by many advantages of both internal and external factors. ... One, attained by both places, is political and social stability. ... However London and New York still have the lead, mainly because both countries have a relatively small scale economies compare to London and New York, this in turn limit the volumes of capital funds being raised and loaned and cannot take the adva...

• Word Count: 1965
• Approx Pages: 8
• Grade Level: Undergraduate

In this brief period, American industrial output nearly doubled , and the gross national product rose by 40% Most of this explosive growth took place in industries producing consumer goods-automobiles, appliances, furniture, and clothing. ... The electrical industry grew almost as quickly. 2/3 of all American families enjoyed electricity by the end of the decade The corporation continued to be the dominant economic unit in the 1920s Growing corporations now had hundreds of thousands of stockholders, and one individual or family rarely held more than 5% of the stock In the final ana...

• Word Count: 2034
• Approx Pages: 8

The central idea of motivational force in Cantillon's market theory is that inhabitants of the economy are bound together by mutual dependence, such that the institutions of the market place evolve over time in responses to needs and necessity. Along the same lines, Cantillon worked to prove that self-interest was the motivational force providing the evolution in the market place. ... Overall, Cantillon's studies of markets and the relationship between individuals and prices in the market place are good observations of the basic interactions involved that cause an economy to functio...

• Word Count: 2445
• Approx Pages: 10
• Has Bibliography
• Grade Level: Graduate

In the ancient world, religion was a crucial component to the growth and maintenance of a healthy economy. The backbone of a strong economy is only strong when people treat one another with respect and dignity, not objectification or exploitation. Religion and religiosity gave people, especially tho...

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

In the same survey, Americans were also asked questions about what they believed constituted being "successful," with the majority naming things such as a steady job, financial security for the future, being able to retire without struggling, and having a secure place of residence. ... Another economist, Paul Krugman, holds a similar position, writing that "The lion's share of economic growth in America over the past thirty years has gone to a small, wealthy minority," and that "the lack of clear economic progress for lower and middle income families is in itself an important reason to se...

• Word Count: 1826
• Approx Pages: 7
• Grade Level: Undergraduate

This phenomenal growth of the financial sector and the global economy in the context of globalization could not take place without causing imbalances that do have consequences for the global economic and financial industry. ... This situation has caused chaos in the investment market as an acute shortage of liquidity caused large and small investors to sell their holdings of securities (especially shares) and assets that eventually led to the total collapse of the financial markets. ...

• Word Count: 1288
• Approx Pages: 5
• Grade Level: Undergraduate

Globalization is a term, it refers to its influence and credibility of a wide range of academic controversy, which lead many scholars to view their own harbor. From this division leads to a wide range of difficult to describe, such as the increase in the definition of global interconnection is gener...

• Word Count: 1292
• Approx Pages: 5
• Grade Level: Undergraduate

In 1950s, a group of the state's brightest political, business and academic leaders created RTP as a place to attract and grow research and development R&D operations, drawing upon the strengths and synergies between North Carolina's academic, government and industry base. ... The concentrated blend of large, medium and small companies offered in RTP is a distinctive benefit to start-ups. ...

• Word Count: 1306
• Approx Pages: 5
• Grade Level: Undergraduate

One outcome has been the concentration of political authority and economic power in the hands of the President and his siblings, in place of the needed reform of the state including devolution of power to regions and power sharing with minority communities at the center. ... Many belong as the rice farmers on small fields, fishers, dairy and livestock farmers, and carpenters. ...

• Word Count: 2077
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

When the cities and territories become wider and expanded, there was a close collaboration with the development of science & technology around the world, the USA's National Academy of Sciences happens to be developing a large effort to promote scientific swap and to help build and support the capacity of local governments in smaller cities in the developing world to address their own serious metropolitan challenges. ... During the heyday of Atlantic slavery, a range of European countries established small forts on the East and West African coasts. ... Two major reasons colonialism took pl...

• Word Count: 2178
• Approx Pages: 9
• Has Bibliography
• Grade Level: Graduate

As subprime mortgages increased in popularity local banks became replaced as the place to secure a mortgage by various shadow bank institutions acting as mortgage brokers. ... The government's immediate response was to bailout the industries that were affected the most, like the financial institutions whose hazardous risk taking prompted the economic decline in the first place. ... The Congressional Budget Office reports small increases in both employment and GDP but notes that it could produce negative growth in the long run due to crowding out in the private sector (CBO 4). ...

• Word Count: 2201
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

The aim of this paper is to assess the extent to which market maturity influenced the restructuring phase that Caterpillar underwent after it was nearly put out of business in the 1980s. It will be argued that surely market maturity played a central role in the company's restructuring, as the increa...

• Word Count: 2426
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

To explain the relationship, here is a small diagram which starts with a simple demand curve. ... Globalisation has been taking place for many years, but currently it has speeded up enormously over the last half-century. ... Within the economic effect, the increased power of transnational corporations has role, and with this their power has increased to a point where they can now rival many different places. ...

• Word Count: 2078
• Approx Pages: 8
• Has Bibliography

In the case of big-bang reform, the old system is usually destroyed before the new system takes place. ... The first one, which extends from Deng Xiaoping's 1978 "opening and reform" to the early 1990's, the Communist Party emphasized rural development with relatively little interference from above, where the result was an explosion of small- and medium-sized businesses that created an enormous rise in employment and wealth. Deng created his first "special economic zones" in places along the coast, such as Shenzhen, where there was relatively little established industry. ...

• Word Count: 2154
• Approx Pages: 9
• Grade Level: Undergraduate

Colonialism is a political system based on economic exploitation and domination; it puts the profit of the colonist country in the first place regardless of the profit of the region under colonial rule. ... The peasant farming means small-scale farmers, using family labor, cultivate a limited land area at a relatively low level of technology (Vercruijsse, 1988). ...

• Word Count: 1713
• Approx Pages: 7
• Grade Level: Undergraduate

Beginning March 1, 2013, significant federal spending cuts were put in place, increasing the amount of payroll taxes paid by most Americans, with the expiration of a temporary cut in early January 2013 (Appelbaum and Schwartz, 2013). ... This was the worst quarter since the economy crawled out of the last recession, hampered by the lower military spending, fewer exports and smaller business stockpiles (Appelbaum and Schwartz, 2013). ...

• Word Count: 1445
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Only some people think that unemployment is an economical issue because the more people that are unemployed the less tax is being paid which means the capitals gross domestic product (GDP) and growth of the country as a whole would be smaller. ... For this to happen we need to figure out ways to make it better for people to be more qualified for jobs and to have better transferrable skills from the home to the work place. ...

• Word Count: 1481
• Approx Pages: 6
• Has Bibliography

"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, 2003).... The development of heavy-industry in China would not succeed with a market mechanism in place. ...

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

"Examine the impact of globalisation on an economy other than Australia" An important trend occurring in the world economy is the process of globalisation. Globalisation is the progressive integration between national economies and the breaking down of barriers between trade and financial flows a...

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