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Search results for keyword: ripple
third oil crisis
The third oil crisis was an event that occurred in the late 1970s and early 1980s, lasting approximately two and a half years. It was one of the most severe oil price shocks in the past 50 years, triggering a global recession in recessionary times and leading to an increase in unemployment. It has......
tags: oil prices global oil crisis price
02/07/2023
1069
Avery
agglomeration economy
Cluster Economics Cluster economics is the understanding of how cities, countries, and other developed regions can essentially create a competitive advantage through the creation and development of a cluster. A cluster is essentially a geographic area, usually within a larger metropolitan region,......
tags: can businesses cluster can economic businesses
02/07/2023
1073
Chloe
National Income Distribution
Income Distribution in the United States Introduction One of the most significant economic issues in the United States is the distribution of income. The American economy is among the richest and most productive in the world; however, there are disparities among members of our society when it co......
tags: income distribution can income distribution china
02/07/2023
1048
Jack
mode of economic growth
Economic growth is a fundamental concept in modern economics. It is an economic goal to increase the wealth of a nation or people over a given period of time. Growth is usually thought of as being driven by an increase in the goods and services available to a society, often through technological i......
tags: economic growth policy new services innovation
01/07/2023
1037
Emily
ripple effect
The ripple Effect The ripple effect is the phenomenon that occurs when an initial action or event influences related actions or events in a chain reaction. Depending on the magnitude, this can lead to a large, unexpected outcome that can be both good and bad. Often times, the full spectrum of the......
tags: ripple can effect effect can ripple
01/07/2023
1049
Sophia
Yen Appreciation Depression
Japan’s Yen Appreciation Recession At its core, Japans yen appreciation recession is a well-known tragedy of the currency markets. Japans powerful currency has always been a major concern for its government, individual citizens, and corporate investors - especially when the yen strengthens again......
tags: yen appreciation recession japanese yen leading
01/07/2023
1045
Lily
Capitalism's expanded reproduction
Capitalism and the Expansion of Reproduction Capitalism is a distinctive way of production, where capital goods are owned privately, a few people can acquire a huge amount of money and then reinvest it to obtain more money. This is sometimes referred to as the “mechanism of capitalism”, where c......
tags: has capitalism production has production businesses
01/07/2023
1038
Sophia
government failure
The result of government failure can be far-reaching and devastating. In a worst-case scenario, it can lead to a complete collapse of the government itself. This can result in chaos, social unrest, and even civil war. Government failure can be caused by a variety of factors, including fiscal misma......
tags: government can failure can government their
01/07/2023
1084
Sophie
potato effect
The Potato Effect is a term used to describe how humans handle the management of resources. It was first developed by the economist Thomas Malthus in the late 18th century, when he observed that a sudden influx of potatoes into Scotland caused a mild famine due to the populations inability to stor......
tags: resource resources population effect small new
01/07/2023
1044
Sophie
Basic requirements for smelting quality of bearing steel
The quality requirements for bearing steel smelting Bearings are widely used in all kinds of machines, and bearing steel accounts for a large proportion in the bearings. The quality of bearing steel smelting directly affects the performance of the bearings. Bearing steel is a very important part ......
tags: bearing steel should bearing steel must
26/06/2023
1075
Lily
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