Sweatshops are typically associated with inhumane treatment of the working poor, and people without choice of work and labor conditions. The general consensus of the global community is that sweatshops are unprincipled and unacceptable. An economic analysis of the economics of sweatshops identifies their benefit to the economies of developing nations. Globalization has caused an increase in sweatshop labor, which benefits the economies of developing […]

The effects of globalization on the world market, as is partly described in the PBS series Commanding Heights, is largely positive for the economics of humanity. Poorer peoples from more impoverished areas of the world truly benefit financially, socially, and politically from free trade practices, as do companies who search for opportunity and labor in these more economically remote areas. However, investors do need to […]

Learner Guide for Cambridge AS and A Level Economics Learner Guide for Cambridge AS and A Level Economics How to use this guide The guide describes what you need to know about your Economics examination. It will help you to plan your revision programme and will explain what Cambridge International Examinations is looking for. The guide contains the following sections: Section 1: How will you […]

Command Economy: Mountainous Politicians, countries and ideologies from all over the world have been torn for years between what they should follow and believe. Countries argue over which policies should be adopted been the economist’s fundamental question. What would life be like if the country you lived in targeted equality- to live in a country where all people are equal, all are treated the same, […]

Micro Economics:- Microeconomics is a branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. In particular, microeconomics focuses on patterns of supply and demand and the […]

Is the information being discussed in this article another example of colonialism? Why or why not? Identify two potential positives and two negatives direct marketing of the poor has on people and their economies. What theory of development is most applicable to the expansion of global markets to poor, low income, and indigenous communities? After reading the information in chapter 8 and the information in […]

Rob Marseilles People face tough economic decisions every day. With a declining economy, businesses must consider the four “AS” of marketing: product, place, price, and promotion during the decision-making process. This will assist with accommodating the publics current needs while addressing supply and demand for competitive advantage. A brief explanation addressing the principles of individual decision- making will further assist the understanding of why people […]

Scenario Date: The changing nature of business and increased regulations mean that organizations across all sectors of the economy need to understand the impact of the changes on their key decisions, to ensure that their decisions match wit n the current economic tuition, to Justify their investments internally and externally and to develop and sustain partnerships and alliances. To do this they need to have […]

Production off new brand of shoes is an example of answer- what to produce 2. Nearer carves wooden squirrels, which he sells to benefit the local nature center. He charges $30 for each squirrel. Squirrels are Manner’s economic answer to which question? Answer-What to produce? 3. You have to choose between playing a team sport or taking music lessons because the practices overlap. This choice […]

In the course of rendering service to clients, it demands that the organisation is intimated with its customers to know how to effectively satisfy them. The Footsteps business engages in rendering services to tourists on visit to historical sites. The report looked at those internal structures of the organisation, such as, the specialisation of members of the organisation, division of labour, centralisation of authority, the […]