Poverty is having a low financial income to meet one's basic needs. Living in inhumane conditions and lacking means and resources to provide necessities such as food, clothing and shelter. Inability to maintain a healthy standard of living in terms of life. Poverty is the...
Unemployment is defined as 'People willing and able to work at the current rate of pay but who are unable to find a job'. There are a number of types of unemployment, including structural, cyclical, seasonal and frictional unemployment. Unemployment is a key measure of...
The term unemployment referred as situation when a person who is actively searching for employment is unable to find work unemployment is considered to be a key measure of the health of the economy. Unemployment as a social problem is discussed in this essay as...
Nepal is a lovely South Asian landlocked nation lying on the laps of the Himalayas. The total area of Nepal is about 1, 47,516 square km. Nepal is surrounded by two giant nations, China in the north and India in the rest of the sides....
Is nepotism in a country bad? Nepotism exists throughout the world, it is unfair. Nowadays, people favour their relatives and friends by offering them jobs, even if they are not qualified for the job. There are many consequences which result in nepotism. Some consequences that...
The nature of economics reasoning can be varied nationally and institutionally. This happens because of the social, common practices, laws, policies, political situations as well as geologically. In order to lay out the better policies or to develop the economic system, the nature of economic...
The book is divided into fifteen chapters which are divided into four sections. The first section called “Failures of capture scholarship” talks about history, concept, and measure of regulatory capture. It is important to understand theoretically what capture is, how it was created and how...
The problem with financial capitalism appears both in the CEO of RJR Nabisco and the private equity people like Henry Kravis. The capitalistic system allowed them to leverage more capital from high risk sources (bonds and loans) which are part of this system. This phenomenon...
The pattern far from unmistakable national financial units and towards one colossal worldwide market' 'Globalization is the procedure empowering money related and speculation markets to work universally, to a great extent because of deregulation and enhanced interchanges. ' 'Globalization isn't the same as globalism, which...
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