In the paper “Boost of Economic Prosperity” the author describes his desire to study and research regarding the economic decisions that were responsible for the sudden boost of economic prosperity and has held his attention for several years…
Every field demands effective decision making that enables the producers to conduct their business with the least amount of resources. It was Adam Smith’s theory of the “invisible hand” that facilitated the comprehension of the mechanics of a society in the simplest manner.
The knowledge of economics not only benefits one professionally, it also helps to know the difference between right choices and wrong ones on a personal level. It facilitates the comprehension of the global ongoing activities in the economic sector and how everything affects the life of a common man. Specifically, the global depression has changed the world and has made the common man suffer due to few wrong choices by decision makers in the economic arena.
I aspire to attain greater knowledge in the field of economics and acquire a Masters degree to comprehend economic activities to a greater extent and devise solutions to reduce the effect of wrong decisions. I shall be very grateful if you grant me the admission and help me pursue my dream of acquiring further education. ...
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“Boost of Economic Prosperity Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.net/education/564987-please-see-the-instructions-down-below.
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Rather the prosperity of the nation depends upon the citizens of a nation; the enlightenment, education and the character of the people of the nation. However, political, economic, demographic, environmental and other tend to have a serious impact on the prosperity of a nation.
The author explains that growth of stock market, reduced taxes, increased international consumption tariffs, increased production efficiency and technological advancement can be considered as five key reasons behind the economic growth and prosperity of America in 1920s. The First World War assisted the latter economic prosperity of America.
According to the paper, despite setbacks to a few countries for obvious reasons, most developing countries have benefited from the emergence of multinational companies. These companies enjoys good benefits through low production costs and competitive pricing, while the receiving country obtain revenue, and employment opportunities for its people.
The quality of the product should always be of high standard.
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The author of the text expresses the ideas of the economics study and reasons that contributed to the splash of interest towards this field. The author also states that the emergence of stability provoked the author to study the economic decisions that were responsible for such growth and retained the attention for a long time.
Most important is that they offer individual advisement and counselling to resolve issues such as resolving conflict students common concerns such as racism, grades, social class, peer pressure and cultural adjustment
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