Free Research Papers on Economics
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Mexico was the site of some of the earliest and most advanced civilizations in
the western hemisphere. The Mayan culture, according to archaeological research,
attained its greatest development about the 6th century AD. Another group, the
Toltec, established an empire in the Valley of Mexico and developed a great
civilization still evidenced by the ruins of magnificent buildings and
monuments. The... Full-text essay
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America's century-old antitrust law is increasingly irrelevant to our modern
global information technology market. This law is obsolete, in accordance to the
current Microsoft situation, because in the past there wasn't technology as
there is now. Recently the government has been accusing Microsoft as being a
monopoly. "Techno-Optimists" claim that "efforts by government to
promote ... Full-text essay
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paper will show my opinion of Microsoft being branded a monopoly. I feel this
example shows supply and demand in addition to monopolistic competition. This
entire ordeal is over a free browser that Microsoft includes with windows for
free and gives out on the internet for free just as Netscape and most other
browser companies do. The government feels that Microsoft is creating a demand
purely for ... Full-text essay
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As far as I've seen, this entire ordeal is over a FREE browser that Microsoft
includes with windows for FREE and gives out on the internet for FREE just as
Netscape and most other browser companies do. I have yet to see where Microsoft
is charging extraordinary prices for any of these FREE programs nor do I see how
Netscape, in using the governments definition, a "monopoly" itself, is
&q... Full-text essay
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In an era where human progress is soaring at a dizzying rate, society must adapt
its technology to solve current world issues. In a world where the Internet,
cell phones and notebook computers are becoming a necessity for everyday living,
we often forget about those who still suffer attempting to meet their basic
needs, including clean water, food and health care. It is time for the developed
worl... Full-text essay
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can be interpreted as growth of a nation in all areas (i.e. social, economic,
political), for example, the aim is ‘development of national forms of polity,
the objects of which are to increase the social product with fair shares for
all. Successful models now include Japan and the Soviet Union’ (Apter 1965,
Preface). Although this definition is outdated, as the inclusion of the Soviet
Union (no lo... Full-text essay
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monetary policy affects all kinds of economic and financial decisions people
make in this country—whether to get a loan to buy a new house or car or to
start up a company, whether to expand a business by investing in a new plant or
equipment, and whether to put savings in a bank, in bonds, or in the stock
market, for example. Furthermore, because the U.S. is the largest economy in the
world, its m... Full-text essay
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Mexico and the United States along with Canada have entered into a trilateral
free trade agreement called the North American Free Trade Agreement otherwise
known as NAFTA. NAFTA has got to be the largest trading agreement in history;
the agreement creates a single market of 370 million consumers. The people of
NAFTA talk about potential gains from increased free trade between Mexico and
the U.S. a... Full-text essay
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If NAFTA made this agreement, people would be able to move about Canada, the
United States, and Mexico with ease. The unskilled workers in Mexico would
migrate to "El Norte," looking for higher paying jobs. The supply of
workers in Mexico will drastically decrease. Only the terminally ignorant, or
those with families in Mexico, would stay in a poor country and earn low wages.
On the othe... Full-text essay
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The National Basketball Players Association lockout greatly affected the United
States economy. Greedy team owners and greedy players fighting over large
amounts of money caused the lockout. In March of 1998, team owners felt that
they were paying players too much money, causing clubs to lose money, so they
voted to reopen discussions on the collective bargaining agreement. The players
on the othe... Full-text essay
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For a number of reasons, business enterprise in New York grew by leaps and
bounds between 1825 and 1860. New York's growth between the years 1825 and 1860
can be attributed to a number of factors. These include but cannot be limited to
the construction of the Erie Canal, the invention of the telegraph, the
developed of the railroads, the establishment of Wall Street and banking, the
textile, shipp... Full-text essay
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In 1958 the beginning of NIKE
Inc. came about when Coach Bill Bowermen and business student Phil Knight, both
from the University of Oregon, felt the need for a better athletic shoe. Through
Bowermen’s athletic experience and Knight’s business background they
designed and tried to sell their model of the perfect running shoe. None of the
major companies trusted the engineering or demand for t... Full-text essay
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The theories of these five men: John C. Harsanyi, John Nash, Reinhard Selten,
Robert W. Fogel, and Douglass C. North, made an abundant progress in the
Economic Sciences in America and the economy. For these great accomplishments,
these five were awarded the Noble Peace Prize in Economic Sciences in
1994(Harsanyi, Nash, Selten), and 1993(Forgel, North). The three economists who
was awarded the Nobl... Full-text essay
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Most of the world's electricity is generated by either thermal or hydroelectric
power plants. Thermal power plants use fuel to boil water which makes steam. The
steam turns turbines that generate electricity. Hydroelectric power plants use
the great force of rushing water from a dam or a waterfall to turn the turbines.
The majority of thermal power plants burn fossil fuels because thermal power
pl... Full-text essay
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The economy is affected by many factors that determine if it is strong or weak.
These factors have to do with buyers consuming goods and services and at what
rate they do this. Do the goods and services that are consumed by people created
wealth, jobs and a better overall economy for a country. Throughout history some
economies have evolved faster and stronger than others. Policies that the
govern... Full-text essay
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My topic deals with Pakistan, its relationship with the IMF and World Bank, and
its internal problems that are causing unemployment, poverty, economic crisis
and hunger. I shall be analyzing the situation using the neo-classical theory,
as it is what the economists of the Pakistan government and the IMF are using to
alleviate the economic instability of the country. Situated in the
sub-continent, ... Full-text essay
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Two approaches have been used to control pollution? Government mandates and
market incentives. Suggest how market incentives might be used to deal with a
pollution problem in Las Vegas. I find this topic to be very interesting, not
only because it concerns all of us living in Las Vegas, but because we are also
part of the problem. Pollution is not a laughing matter, and it has been
strongly fought... Full-text essay
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As generations pass, and times change, the people of the United States change as
well. What may have been a major issue in the 1980 election might not even
concern voters in 2000. Economic issues are continually changing with the times.
Each election develops its own “personality.” Despite agreeing on some
issues, the four major [now just two] candidates in the upcoming 20... Full-text essay
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Define, discuss, and account for the existence of price discrimination. Compare
and exemplify the first, second, and third degrees of such discrimination.
Overview Price discrimination is the practice of setting different pricing
formulas in different virtual markets, while still maintaining the same product
throughout. The prices are based upon the price elasticity of demand in each
given market.... Full-text essay
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article on ‘How much for a Life’ looks at the ethical view of an individual
life in an economic way. To say that every person on this planet is worth the
same amount, give or take a few million, is putting all individuals on an equal
plain. One would argue that a professional doctor, who is in the business of
saving peoples lives, is much more important the individual who is unemployed
and only wa... Full-text essay
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are the advantages of privatizing Telstra and how does this impact it's ethical
conduct while striving to satisfy community expectations? I believe that putting
important public assets into select private hands is not in Australia's
long-term interests, and oppose the partial/full sale of Telstra for the reasons
that the Government has given. The argument the Government has given for the privatiza... Full-text essay
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There are several factors that influence the growth and distribution of a
particular regions primary industries. These primary industries, are necessary
for an economy to grow. Without a primary industry, which could also be called
natural resources, secondary, tertiary and quaternary industries would struggle
in a country (excluding Japan etc.). These factors also affect where people
live. I... Full-text essay
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There are several things that can cause a ripple effect in our economy. There
are economic facts, or things that will happen no matter what, that start to
affect more and more people, until they sooner or later effect everybody. The
Keynesian Transmission Mechanism is a good example of something that has a
ripple effect on everybody. The Keynesian mechanism has three stages, each of
which has an e... Full-text essay
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people would like you to believe that flat tax is so named because it will
flatten your finances. That at the least is the intended conclusion. By
eliminating personal deductions like mortgagee interest payments, the study
claims, the flat tax would reduce housing values in this country by upwards of
10 percent. The study's methodology is shaky at best, and the jury on housing
values is still o u... Full-text essay
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One of the major concerns of today's companies is the shortage of labor,
especially in management. The baby boomers are nearing retirement age in the
United States and the birth rate is dropping. These circumstances, coupled with
the booming economy are the main causes of the labor shortage. There is a high
demand for labor but the once seemingly bottomless pool of employees and
managers that comp... Full-text essay
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article titled 'Fed Unlikely to Alter Course' by John M. Berry of the Washington
Post takes an interesting look at actions that Alan Greenspan his colleges of
the Federal Reserve have been taking over the last 9 months to slow the economic
growth of United States. The astonishing growth rate of 7.3% is fueled by an
economy that is in the midst of a "high tech revolution". The article
als... Full-text essay
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Nature of the Problem Social Security is not a problem right now; in fact, it
runs a large surplus every year. However, Americans are living longer, and
drawing more Social Security payments than they ever put in. Early in the next
century, we will be paying out more than we take in, and Social Security will
have to dip into its surplus, which is currently used by the federal government
for other ... Full-text essay
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A little over 60 years ago the nation struggled through what was, up to then,
the most dramatic crisis since the Civil War. The economy was uprooted after the
crash of the stock market and the country's financial stability destroyed. One
of the many steps taken to alleviate the burden on the American people was that
of the passing of Social Security Act of 1935 and its amendments by Congress and
t... Full-text essay
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Revamping Our Future Social Security Tax System
paper will discuss the current United States Social Security Tax system, the
purpose of that system and our goal for selecting this topic. Also, it will
explain our analysis of it's current standing, different idea's about what to
change in our current standing to secure and guarantee a strong future for it.
We will conclude by recommending the best... Full-text essay
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Stake of Labor in the WTO Seven years of trade negotiations at last gave birth
to the World Trade Organization (WTO) in 1995, the U.S. labor movement was one
of its leading skeptics. A world trade organization, labor supporters argued,
would only accelerate the headlong rush to laissez-faire by dismantling national
regulations. It would overwhelm attempts by nations to defend living standards
and ... Full-text essay
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lot of attention has been paid to different methods of stock selection. Lately
momentum investing has been all the rage, and many have been suggesting that the
old methods are no longer valid. But, as we have indicated all along, in the
long run, the old rules will apply and those who ignore them may look great for
their 15 minutes of fame, but in the end, they ignore the old rules at their
peril.... Full-text essay
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After World War II the concept of life in America began a new. The process of
sub urbanization began in cities all across the nation. Today the cities of
yesteryear are gone and life as we knew it ended. However, people do not want it
to end. They still want the American Dream; the house in the suburbs, the good
job, the wife, car and 2.4 kids playing in the yard. These people have been the
drivin... Full-text essay
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Economics, supply and demand In the article we find that teenagers have the
oppertunity to be demanding about their salary in the baby sitting field,
because the amount of babysitters today are scarce. The babysitting population,
teenagers, find themselves busy with school, part time jobs, and extracirricular
activity. Teenagers with drivers licenses are even more scarce than those with
out, all i... Full-text essay
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On January 30, millions of televisions will be tuned in to the American
Broadcast Company's live coverage of the Super Bowl. The three hour-plus event
draws as many as 130 million viewers at one time. According to NFL Research,
sixty eight percent of Super Bowl viewers say they pay attention to the
commercials and fifty two percent said they discussed the ads the next day. With
so many people watc... Full-text essay
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Synergy productivity training focuses on improving productivity throughout your
company. The productivity training we provide consists of three main components:
Improving personal productivity through improved time management skills.
Improving company productivity through establishing management priorities.
Improving field services productivity through adopting new technology Personal
Productivity... Full-text essay
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an island, is separated from the mainland of South China by the 100-mile-wide
Taiwan Strait in the Pacific Ocean and is the seat of the Republic of China
government (ROC). The capital of Taiwan is Taipei and other major cities include
Kaohsiung, Tainan, Taichong, and Chilung. The languages spoken are the Mandarin,
Fujianese (Amoy), and Hakka dialects. Religions on the island include
Confucianism,... Full-text essay
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Only days after the last elections for Congress in November of 1994, Congressman
Bill Archer declared his strong desire to “tear out the income tax by its
roots.” After that, Newt Gingrich and Bob Dole formed a commission to consider
new alternatives to the income tax. That lead to more than a half dozen
congressional panels holding hearings on that subject. So there is no longer a
question of whe... Full-text essay
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The early evidence on the importance of technological changes a source of the
shifts in the relative demand for different types of labor during the 1980s came
from case studies. The Bureau of labor Statistics conducted several case studies
of the effects of changes in production processes in particular industries
(Mark, 1987). In an industry that experienced a significant change in
technology, the... Full-text essay
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The purpose of this research paper is to prove that technology has been good for
the stock market. Thanks to technology, there are now more traders than ever
because of the ease of trading online with firms such as Auditrade and
Ameritrade. There are also more stocks that are doing well because they are in
the technology field. The New York Stock Exchange and NASDAQ have both
benefitted from the r... Full-text essay
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This essay
is an explanation and importance of complementarity and substitution in the
theory of capital. Complementarity can be usually seen in goods with
“sympathetic shifts in demand.” It is also important to realize the
narrowness of the traditional treatment of complementarity. Complementarity is
analyzed in a single enterprise and also in the economic system as a whole. In
the latter c... Full-text essay
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“A trade union is an independant self-regulating organization of workers
created to protect and advance the interests of its members through collective
action.” Over recent years, it has become fashionable in many quarters to
write off Britain’s trade unions, to label them as obsolete institutions out
of touch with new realities and incapable of change. In today’s world of
individual employment co... Full-text essay
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Good health is an important factor to an individual’s welfare. It is an
essential prerequisite for the enjoyment of life. For this reason the importance
of healthcare to governments is great and vast amounts of resources are
allocated to healthcare, for example in the UK healthcare equates for 6% of GNP.
Some argue that Healthcare is a social issue rather than economic but the
allocation of scarce... Full-text essay
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After rather lengthy negotiations between the United States and China, there has
been a trade agreement reached between the two countries. China has agreed to
enter into the World Trade Organization (WTO). This along with U.S. Deputy
Assistant Defense Secretary Kurt Campbell’s visit to China in an attempt to
mend relations damaged by the U.S. bombing of the Chinese Embassy in Belgrade,
marked a go... Full-text essay
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U.S. economy has been slowly growing since the spring of 1991, growth increased
in 1997 when real gross domestic product rose 3.9 percent from an increase of
2.8 percent in 1996. At the same time inflation in 1997 fell to 2.3 percent
decreasing the cost of living. Payroll jobs rose from 121.14 million in January
to 124.29 million in December and the national unemployment rate declined over
the ye... Full-text essay
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Approaching to the 21st century, world economy becomes more and more global. In
today’s life, several parts of an item can be made in different countries and
unified to produce an output. Realize a laptop whose processor is made in U.S,
by Intel, whose screen is coming from Japan, Toshiba, and whose other various
parts are coming either from Taiwan or from Korea. Lester C. Thurow, a professor
of e... Full-text essay
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million (or should we say 'billion' now) dollar question is whether or not the
United States' economy will stay in it's record 107 month expansion (according
to the index of leading indicators) or come out of the boom and take a downturn
into a recession. Nobody, including the Chairman of the Federal Reserve, Alan
Greenspan has a crystal ball to provide insight as to what will happen if
interest r... Full-text essay
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The Standard Oil Company founded by John D. Rockefeller and the U.S. Steel
Company founded by Andrew Carnegie. The Standard Oil Company and U.S. Steel
Company were made successful in different ways due to the actions of their
different owners. The companies differed in their labor relations, market
control, and structural organization. In the steel industry, Carnegie developed
a system known as ve... Full-text essay
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The U.S. National Debt "Spending financed not by current tax receipts, but
by borrowing or drawing upon past tax reserves." Is it a good idea? Why
does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some
say it is a bad thing, and predict impending doom, others say it is a safe and
stable necessity to maintain a healthy economy. For nearly 150 years the U.S.
governm... Full-text essay
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After going to the Tradeport website, I have decided to do my paper on a US
federal government agency. I explored a few of the agencies and decided to
choose the US Trade and Development Agency. The US Trade and Development Agency
(TDA) is a small independent agency. It is comprised of about forty-one people.
The director is Mr. J. Joseph Grandmaison, who was nominated by President Bill
Clinton. T... Full-text essay
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America is the most powerful country in the world. The American economy has been
a symbol of the wealth of a nation. The efforts of our forefathers and present
geniuses have created economic values, which have caused American’s to thrive.
Two of these influences are Bill Gates and Ben Franklin who through genius and
hard work, have made huge advances in economic values. Although their efforts
spac... Full-text essay
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