Congestion more simply is caused by too many cars chasing too little road space. ... The increase in incomes and relative fall in the price for cars has led to the higher number of cars on the road. ... Car accelerated in the late 1950's and early 60's as income and living standards grew. The convenience of having a car gives people the freedom to travel wherever they want and when they want, therefore the private car is the best example of an income elastic product. ... Disadvantages are that reduction in car use may be very small due to the price elasticity of the demand for car ...

• Word Count: 1857
• Approx Pages: 7

One day, leaders may say that our society needs cars because the cars can bring lot economic benefits, so we should produce cars as much as we can. Therefore, our factories try to put all different kind of materials into processing of cars. Obviously, they will destroy some of the materials during the process, because the cotton, meat, and concrete are not right materials for production of cars. ... If we use these materials to produce cars, we will lose our soft and comfortable clothing and other stuff if we destroy cotton; if we destroy concrete, we will become homeless people because we do ...

• Word Count: 2235
• Approx Pages: 9
• Has Bibliography
• Grade Level: High School

In late 1960's, Ford decided to build a lightweight car to compete with increasingly popular Japanese cars. ... Thus actually Ford executives knew of risk before the car went to production. ... Compare the dollar costs to Ford of modifying the car to make it safer, with the dollar benefits of doing so for all other stakeholders, that is, deaths and injuries avoided from rear end collisions. Total benefit of modification over lifetime of the car was 49.5 million dollars and total benefit of modification over lifetime of the car was 137.5 million dollars. ... Between 1971 and 1978, up to 50...

• Word Count: 1947
• Approx Pages: 8
• Grade Level: Undergraduate

The value of money is important to one because when you are looking for a place to live or cars, it is better to look around at different places to compare the cost and rates at which one could purchase a house or car. ... This book has started to make me think about the road a head of me with my school bills, car payment, and other things I will need in later life. ...

• Word Count: 1564
• Approx Pages: 6
• Grade Level: High School

For example, in the 1960's General Motor Corporations dealer Chevrolet attempted to sell a mass production sport car model, which they called the "Nova-. ... However, in naming the car as they did, Chevrolet Corporation did not take into account the literal translation, in Spanish, of the phrase "No va-, which translates into "does not go-(Robinson 38). ...

• Word Count: 1999
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Less common were responses about owning a home or car and being able to buy other expensive goods, implying a subtle shift from the American Dream of the past to a more modest one today. ... The real sign of success in our soci­ety used to be owning expensive items, namely cars and homes, and acquiring more material wealth. ...

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

Monopolistic Competition In discussing industries that are neither monopolies nor perfect-competitive, economists have tended to begin from the four characteristics of a perfect-competitive industry. We recall that those characteristics are: • Many buyers and sellers • A homogenous product • Sufficient knowledge • Free entry Competition can be "imperfect" in an industry if the industry deviates from any one of the four. So, if there are just a few firms (but more than one), deviating from the first characteristic, the industry is said to be an "oligopoly." Sin...

• Word Count: 2236
• Approx Pages: 9
• Has Bibliography

In 1920 there were 10 million cars in the nation; by the end of the decade, 26 million were on the road. ... The future pattern of American culture -cars and suburbs, shopping centers, and skyscrapers-was determined by the end of the 1920s. ...

• Word Count: 2034
• Approx Pages: 8

The topics that are so enthusiastically brought up in this book, Gender, Development, and Globalization, are all topics that have been discussed to great lengths by many others authors; however, Benerí takes a unique approach to trying to unify these ideas into one definitive issue. Beneria sees ...

• Word Count: 1405
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Economy Of Hungary During the two decades following World War II, Hungary was transformed from a predominantly agricultural land into an industrial-agricultural state. This transformation was carried out under a system of central planning patterned on that of the Soviet Union. Consumer desires were...

• Word Count: 1630
• Approx Pages: 7
• Grade Level: Undergraduate

Assignment Discuss the intellectual history of Anglo-American economic geography since the Second World War. What does it say about the field? What does it say about the economy? Response Economic geographers consider geography to be essential for the understanding of the ways economies work. Geog...

• Word Count: 1523
• Approx Pages: 6
• Grade Level: Undergraduate

Introduction Globalisation refers to the process of bonding the world on aspects of, cultural, economic environmental, political and technological interactions leading to worldwide interdependence. It involves integration of the people, institutions and companies and also governments of different st...

• Word Count: 1798
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Spain is located in the south-western part of Europe taking just more than four-fifths of the Iberian peninsula. Spain also includes the Balearic Islands in the Mediterranean Sea, the Canary Islands in the Atlantic Ocean and some area in Morocco. It is located between both Portugal and France. Spain...

• Word Count: 2349
• Approx Pages: 9
• Grade Level: Undergraduate

ECONOMIC"S ESSAY "Discuss and evaluate the proposition that perfect competition is a more efficient market structure than monopoly." Adam Smith said that competitive forces function like an "invisible hand" to ensure that people pursuing individual interests simultaneously serve interest of ...

• Word Count: 2214
• Approx Pages: 9
• Grade Level: Undergraduate

In 1978, the Chinese government commenced economic reforms which saw the economy experience tremendous economic growth. And between 1978 and 2007 the annual growth rate of GDP per capita averaged at 10 percent without any signs of deceleration. As a matter of fact, China accounted for 35 percent of ...

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

Corporate Strategy "Sources of competitive advantage rarely yield added value that can be sustained over time." The following essay is going to attempt to assess the above proposition and try to find if it is possible to add value continually over a period of time. I will first discuss what co...

• Word Count: 2238
• Approx Pages: 9
• Grade Level: Undergraduate

The marriage expectations of 1898 are not a far cry from the worries of women in the present. In the past, there were many concerns of the economic value of a wife, whether it be abusing the wife's free labor, or marrying into a rich family for the sake of money. As times have slowly changed, the argument has not. The women are still doing much of the non-market work, but now it depends on her bargaining strength. During the last decade, women have become concerned with the economical impacts on behavior, ranging from the intra-household distribution power to the distribution of wealth b...

• Word Count: 2337
• Approx Pages: 9
• Has Bibliography