Introduction Unemployment remains a persistent and multifaceted issue that poses significant challenges to economies worldwide. It manifests as a critical indicator of economic health, influencing social stability and individual well-being. The complexity of unemployment lies in its myriad causes and far-reaching effects, which necessitate a comprehensive understanding to formulate effective policy responses. In recent years, global economic shifts, technological advancements,...
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Abstract “We are being afflicted with a new disease of which some readers may not yet have heard the name, but of which they will hear a great deal in the years to come – namely, technological unemployment” stated John Maynard Keynes in 1930 [1]. In 1950, Norbert Wiener “saw the possible end to full employment and the obsolescence of...
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Northern Mexico is notorious for high crime as a result of inequality (Enamorado et al., 2016). Drawing on empirical evidence of the link between education and crime reduction (Jonck et al., 2015; Chioda et al. 2016), the vision of this project is to reduce crime among adolescents, by increasing upper secondary school attendance, improving the quality of learning, and increasing...
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1.0 Introduction In this study, youth unemployment in Canada is taken into consideration. Canada is a nation situated in northern North America and the population of Canada is around 37 million people. In this study, the trend of unemployment in the period from 2000 to 2019 will be stated clearly by giving the measurement of the unemployment rate in Canada....
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I believe you should hire me over the other applicants due to my knowledge that I will be going over soon, I have the ability to work well with other staff members, and of course, due to the fact I have experience working as an MR at Bloxton Hotels. It means I would be able to be an MR at...
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The Cold War had a magnificent impact on the team spirit of countries in Europe. As mentioned by numerous experts, countries started to flip on each other as alliances were cast quickly. However, the result of the Cold War although it ended quite quickly, wasn't constrained to the duration alone, it also extended farther to the point when the world...
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Economic Situation • Foreign trade The United States supplies more than one-third of Venezuela's food imports. Recent government import policies have led to a shortage of goods throughout the country. During the crisis in Bolivarian Venezuela, Maduro decided to purchase hundreds of military vehicles to be used against large waves of protests instead of purchasing goods for Venezuelans, allocating only...
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As obvious as it seems, the world is run by money. Businesses are established to earn money. Roads and other infrastructures were built because of money. People work because of money. This is of course in a metaphorical sense, but one cannot deny the fact that almost everything is valued through money and by money. In this economy, in this...
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Part I. Considering how the data may be generated using economic theory. The quantity theory of money suggests a relationship (in the long run) between money growth and inflation. Explain the economic intuition behind this relationship. In the long run, The quantity theory of money (M) means an increase in the quantity of money brings an equal percentage rise in...
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Introduction Inflation and unemployment are two macroeconomic components that affect a country's economy or global economy. This paper addresses these two macroeconomic factors (Inflation and unemployment) and describes a current event related to actions taken by the U.S. Federal Government Reserve Board. The purpose of assessing these two macroeconomic factors is to analyze critically, visualize, and recommend the impacts of...
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“Grade Inflation: Causes, Consequences, and Cure,” is an informational article written by a published author, Faieza Chowdhury, who attended Southeast University with a Masters in Science. In “Grade Inflation: Causes, Consequences, and Cure,” Chowdhury explains the meaning and aspects of Grade inflation. Chowdhury uses many other articles and authors' opinions to write her article incorporating her own opinions and thoughts...
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At the end of 2019, scientists began to observe the outbreak of the coronavirus that causes COVID-19; they first identified the virus around the city of Wuhan, China. COVID-19 has infected more than 170 million people worldwide, causing more than 54 million deaths worldwide. The ongoing spread of the coronavirus has become one of the biggest threats to the economy,...
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1 Background of the study Macroeconomic stability is a fundamental macroeconomic policy objective of every country, whether developed or developing (Frimpong & Oteng-Abayie, 2010; Agalega & Acheampong, 2013). This has made the study of the relationship between inflation and economic growth of interest to economists for a long period of time (Khan, 2014). The primary objective of such studies has...
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TBA Leicester is a private sector, Leicester-based Software Company and part of the TBA group, officially formed in April 2017, comprising three sites: one in Leicester, one in Delft, and one in Doncaster. The group also has offices in Romania, Germany, and representatives in North America, South America, and Oceania. The group is owned by Finish company Konecranes, which specializes...
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The problem of employment is a trouble social and economic problem that Egypt faces in the last decades, and it has many consequences. Recently statistics by Egypt’s Central Agency for Public Mobilization and Statistics, the rate of unemployment among youth has reached 26 percent. This problem has many causes like population and education system. Also, it affects on a bad...
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550,000 people are homeless in the United States. That is more than just a statistic. That is 550,000 Americans just like me and you. That is 550,000 people who are struggling to survive. That is 550,000 people who we drive by every day and assure ourselves that they are not our problems. That they did this to themselves. We could...
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Creating a business and growing it to generate a profit is entrepreneurship. But that definition is somewhat limiting. The more modern definition of entrepreneurship refers to transforming the world by tackling pressing issues. Social alternatives or bringing about a revolutionary product that challenges the status quo of our day-to-day lives are referred to as entrepreneurship. It's when people take control...
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Crime and violence is a development issue. The high rates of crime and violence have both direct effects on human welfare in the short-run and longer-run effects on economic growth and social development. While levels of crime and associated circumstances vary throughout different countries, crime and violence have reached a worrying high, and their apparent rise in recent years is...
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Theoretically, economic systems are imperative for the efficient allocation of scarce resources across society and the protection of its citizens on a national and globular scale. One of the most renowned of these systems is capitalism, in which autonomy is granted to its members, allowing them to trade in a free market, less encumbered by regulation to achieve greater efficiency....
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The World Bank is an international organization that has the largest sources of development assistance that help its group to develop countries with various goals to make sure people around the world can live a better life by eradicating extreme poverty and hunger, achieving universal primary education, promote gender equality and empower women, reduce child mortality, improve maternal health, combat...
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It has always been implied that men have participated more in the economics of labor. However, the engaging role of women in labor has been disregarded due to the ideals of both gender distinctions. The following essay will identify the changing gender norms in economic production in the 20th century. This time of era recognized women as capable to be...
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With loud machines that produce millions of products to profit the rich, capitalism continues to be glorified. Capitalism is constantly portrayed as the ideal economic system, one that promotes freedom and hope. Communism, on the other hand, carries a terrorizing and despairing image. Positive Western ideas of capitalism have matriculated on a global scale, hiding the violence that happens behind...
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Globalization refers to the socialization, interaction, cooperation, communication, and engagement among organizations, governments, and individuals at the global level. Advancement in communication, transportation, and technology has helped to make globalization a realization where humans engage in real-time transactions, socialization, meetings, treaties, and engagement among others despite having disparate geographical locations. According to Pietro, Girsberger, and Vuille (n.d.), there are four...
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When America declared independence from Great Britain, the Founding Fathers made it clear that they never wanted any American citizen to experience the tyranny that they felt again. One way they planned to do this was the separation of church and state. Under this theory, the government would not support any one religion, which would promote religious freedom in the...
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Introduction In his thought-provoking essay, "Some Lessons from the Assembly Line," Andrew Braaksma offers a candid and insightful account of his summer working on an assembly line. Through his personal experiences and astute observations, Braaksma sheds light on the dehumanizing nature of factory work and its impact on the human spirit. This literary analysis will examine the key themes and...
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The article ‘The Rise and Fall of the GDP’ by John Gertner discusses how gross domestic production has been a good source of our country’s economic output, but how recently we have been disregarding that, although it puts into account our spending, imports, exports and many other factors, it has failed to put into account our well-being and prosperity as...
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The United States GDP in the second quarter was a total of $5,335,067 million. GDP is a total monetary or market value of all the finished goods and services produced within a country's borders within a specific time period. GDP does not take into account intermediate goods, which are goods used to make other goods, such as oil that is...
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For the purpose of this essay GDP stand for gross domestic product is defined as the value of all goods and services produced in an economy in a year, according to Professor Jeffry Frankel of Harvard University. This paper will argue whether countries that face social issues affect positively or negatively on the economy. The three main arguments to be...
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Introduction Australia, a nation characterized by its vast landscapes and rich resource endowment, has demonstrated a remarkable economic trajectory over the past few decades. The Gross Domestic Product (GDP) of Australia serves as a fundamental indicator of its economic health, reflecting the output of goods and services within the country. This essay examines the development and diversity of Australia's GDP,...
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Economic growth around the world has meant countries has been able to develop at an exponential rate, particularly those economies in third world countries. Gross domestic product or GDP gives an indication of the country’s economic situation. Many economists would use gross domestic product to provide figures to help determine the rate of growth and the size of an economy...
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