We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Econ160 - Essay Example

Comments (0) Cite this document
Summary
Both of my parents work and I can say that we live a relatively comfortable life. We own our house, our cars and goes to vacation once or twice a year. My parents were also able to afford to send me in college where…
Download paper
GRAB THE BEST PAPER
Econ160
Read TextPreview

Extract of sample
Econ160

My parents belongs to several generation of Guanxi where I am expected to inherit his position.
If I will be living in China, I better be sure with the place that I will live. It is because the Chinese government prohibits the reselling of houses as their policy response to avoid speculation in the housing industry. I will be stuck in the house that I will choose for a very long period of time so I better take my time before buying a house. Unlike in the US where the housing market is determined by market forces as enunciated by Friedman in the book Capitalism and Freedom where price and availability is determined by the law of supply and demand where I can resell my house anytime I want it subject to the same law (supply and demand), Chinese government will just not allow the resell and even pegged the price.
China may now allows private ownership of houses only with restrictions. With my present economic stature, I believe I would be able to afford a house and not in a crampy apartment or shoebox as what Hedrick Smith had described in his book The Russians. Only that my house will not form part of my estate where I can resell for profit or I will go to jail.
If I will be in China, choosing my occupation will be partly determined with how the “opportunities” present to me. Unlike in the US where choosing an occupation is determined by personal preference and applying on it base on merit, it will be different in China. The cliche its whom you know more than what you know applies. If my father belongs to a Guanxi or the network of power elites, he may recommend me to some of his associates in the network as expounded by McGregor in his book The Party and will accept whatever occupation that will be given to me. From there, my future will be secured because I will be under the patronage and care of my father’s Guanxi and I will later develop my own network. I will first learn the rope of the business until I ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Econ160 Essay Example | Topics and Well Written Essays - 1250 words - 1”, n.d.)
Retrieved from https://studentshare.net/finance-accounting/560584-econ160
(Econ160 Essay Example | Topics and Well Written Essays - 1250 Words - 1)
https://studentshare.net/finance-accounting/560584-econ160.
“Econ160 Essay Example | Topics and Well Written Essays - 1250 Words - 1”, n.d. https://studentshare.net/finance-accounting/560584-econ160.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
HOW ARE FASHION AND APPEARANCE CENTRAL TO THE CONSTRUCTION OF SOCIAL IDENTITIES DISCUSS, WITH REFERENCE TO SPECIFIC EXAMPLES
There are examples throughout history of radical, and often painful, changes made to the body in order to create a representation of what is considered beautiful in a time and place and to provide a sense of identity to an individual. The concept of mutilation in one culture may be a source of great status and class within another.
7 Pages(1750 words)Essay
Andrea Yates: The Difficulty of the Insanity Defense, Despite the Evidence of Mental Illness
She was methodical about her actions, waiting until her husband left for work and taking an advantage of a spare hour between his departure and the arrival of her mother in law to lock up the dog and commit her murderous act. The problem with the case is that the legal definition of insanity is in direct conflict with the actions and diagnosis that she had received, the framework of her mental status contributing to the actions in such a way as to question whether or not that knowing right from wrong is enough of a definition of sanity to allow for someone who was in such obvious trouble to be convicted of murder.
5 Pages(1250 words)Essay
ECON160
In free market economies, individuals make decisions independently and the leadership is considerate. The government consults when devising policies on trade. McGregor (5) states that the economy is open and the government is not dictatorial. Free market system enhances the development of democracies as discussed in the piece.
5 Pages(1250 words)Research Paper
Intellectual Disability
Intellectual disability is a mental condition whereby an individual has certain limitations in their mental functions in such aspects as communication, learning and social skills. Such people may have difficulties in taking good care of themselves or learning new concepts fast due to mental retardation.
13 Pages(3250 words)Essay
Lucretia of Rembrandt
Rembrandt used the story of Lucretia as the subject for two of his most moving paintings in which he represented two moments in the tragedy of Lucretia's suicide. The first version, painted in 1664 and in the collection of the National Gallery of Art in Washington DC, depicts Lucretia just before she takes her life.
4 Pages(1000 words)Essay
The argument in The Wealth of Nations by Adam Smith depends on the possibility of failure. Why is this so What implications does this have
Most of these principles are based upon the concept of certain economic actions arising naturally out of man’s desire to prevent failure through achieving the best terms for himself. Since
5 Pages(1250 words)Essay
Canadian Politics - Senate Reform in Canada
The essay will discuss the effects that Senate reforms have had on minority groups, primarily focusing on research that has been conducted on the impact of Senate reforms on women and then using an analysis on Quebec to understand the importance of minority
12 Pages(3000 words)Essay
FINANCIAL REPORTING & ANALYSIS
It is known that financial statements offer comprehensive information on the reporting firm, which is useful to existing and potential stakeholders (Rudžionienė 2006, p. 52). This paper will discuss this
8 Pages(2000 words)Essay
Let us find you another Essay on topic Econ160 for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us