Essays on Economics

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The Transmission Mechanism of Monetary Policy

In economic literature, for more than 50 years the transmission of monetary policy via interest rate mechanisms have been a normal characteristic. In the fundamental Keynesian textbook model, it is the main financial transmission process, which was a cornerstone of macroeconomics education. A schematically diagram...

Monetary PolicyWorld Economy

2 Pages|1046 Words

1484

The Meaning of Globalization, and Its Effects on Economy

This essay will explore what it is meant by the term globalisation in a wider point and explore what it is meant by the term with respected relevance to certain aspects such as business globalisation and economic globalisation. The essay will underpin what the aspects...

GlobalizationWorld Economy

2 Pages|1133 Words

1496

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Factory Farming and Climate Change

Climate change is inevitable. Between the usage of fossil fuels and the misuse of agriculture, professionals anticipate that the damage of climate change will be irreversible within seventeen months. Specifically, one of the leading causes of global warming is factory farming. Not only is industrial...

Climate ChangeFactory FarmingProblems

3 Pages|1235 Words

1687

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Comparison of Advantages and Disadvantages of Protectionism and Free Trade

When it comes to looking at what kind of trade arrangement a country should seek to achieve economic growth, there are various debates favoring each side: free trade and protectionism. Free trade is when goods and services are traded between countries with as few limitations...

Free TradeTrade

3 Pages|1253 Words

1711

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The Post Brexit Implications of Free Trade for the UK

In this essay I will be discussing the costs and benefits of free trade and any implications the UK would face due to leaving The European Union. Trade is when there is an exchange in goods or services (buying or selling) between consumers, firms and...

BrexitFree TradeTrade

3 Pages|1255 Words

1638

Potential Benefits of Free Trade Agreement for Nigeria

During the scramble for Africa in the late 18th Century, the continent was divided up among the colonialists who imposed artificial boundaries which became the untenable nations which now exist. The impact of colonisation has hitherto, arguably improvised the continent and caused barriers to trade...

Free TradeTrade

3 Pages|1272 Words

1680

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Factory Farming in the U.s. is Harming the Environment

When discussing global climate change and the factors that contribute to it, most people like to point to the easy factors to blame such as fossil fuels which include oil, coal, natural gas etc. but what usually flies under the radar is how bad livestock...

Climate ChangeEnvironmental IssuesFactory Farming

3 Pages|1344 Words

1799

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Wealth Gap Between African Americans and White Americans

It is a common belief that African Americans have low net worth because of things in their control, decisions in their life such as saving money, pursuing higher education, and having a strong family structure, with two parents, so children can succeed. African Americans are...

African AmericanIncome Wealth GapWealth

3 Pages|1554 Words

1654

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The Issues of Economic Democracy in America

“There can be no real political democracy unless there is something approaching an economic democracy. ” (Theodore Roosevelt). The first point needed to be discussed is what exactly an economic democracy means. In simplified terms, it is basically the philosophy according to which the power...

DemocracyEconomic Problem

4 Pages|1800 Words

1461

Comparison of the Works of Adam Smith and Milton Friedman

In Adam Smith’s work, An Inquiry into the Nature and Causes of the Wealth of Nations he proposes a theory as to how nations generate and accumulate wealth. Smith’s work in the Wealth of Nations is deemed to be one of the most influential works...

Adam SmithTheory

4 Pages|1976 Words

1985

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