13 mn read
0

What is a “colonial” economy? Why did many southerners and westerners believe their regions were colonial economies?

Posted in Economics

13 mn read The colonial economy is a system whose main responsibilities are the consumption and production. This concept is initiated by the colonists in the different colonies all over the world. The purpose was to fulfill the economic demands of the community which included the area of investment, raw materials and the settlements. The basic living style […]

3 mn read
0

Standard of Living

Posted in Economics

3 mn read Introduction Standard of living is the level of material goods, wealth, necessities and comfort available to a particular socioeconomic group, mostly a nation. It includes factors like poverty rate, income, employment availability and quality, Gross Domestic Product, political and economic stability, national economic growth, house affordability and quality, expectancy of life, quality of education and […]

6 mn read
0

Microeconomics Application

Posted in Economics

6 mn read The concept of microeconomics can be identified as the one major form of the broader feature of the economic theory. Ragnar Frisch initially developed the particular term in 1933. It is notable to mention that the concept of microeconomics is widely used to indicate the economic scenarios in case of individuals. The idea of microeconomics […]

2 mn read
0

Economics, Racism, and Slavery

Posted in Economics

2 mn read The questions on why the Africans were enslaved, the origin of slavery as well as the connection between racism and slavery are highly contested debates. Many scholars have perceived that racism originated from slavery. However, there are many people who believe that slavery originated from the economic perspective rather than the racial ideologies. According to […]

2 mn read
0

What is Inflation

Posted in Economics

2 mn read Inflation is the systematic increment in the prices of goods and services within the country and it is measured annually in percentage. Gross Domestic Product is the sum of all the outputs of a country irrespective of who is producing the commodity. The national living standard of a nation is measured by summing this output. This […]

15 mn read
0

Economics of Construction Industry

Posted in Economics

15 mn read Construction output continued its recent decline in December 2017 contracting for the eighth consecutive period in the three month on three month series falling by 0.7 and this fall is the third consecutive and this ups and downs are continued for whole year and this is increase by 1.6 in December 2017 which is more […]

< 1 mn read
0

Impact of Globalization – Most Effective Markets

Posted in Economics

< 1 mn read Introduction One of the most important and positive impacts of globalization is the most effective markets. In general, globalization has created markets efficiently in which the importance of overseas markets is discussed. The aim of the paper is also discussed here as discussing the main impact, Most Effective Markets currently. The thesis statement would be […]

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