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 […]

7 mn read
0

The Debate on Net Neutrality

Posted in Economics

7 mn read The Internet has become an indispensable part of people’s lives, and as such, it has always been a medium where free and open content was available, without anyone being able to play favourites. It was hard to imagine that the neutrality of this medium would come under debate one day. The Internet has always been […]

5 mn read
0

Microeconomics Application

Posted in Economics

5 mn read The concept of microeconomics can be identified as one major form of the broader feature of 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 the case of individuals. The idea of microeconomics refers […]

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 […]

< 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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