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

Assignment5 economics - Essay Example

Comments (0) Cite this document
Based on the article on company downsizing, there are a few steps one can undertake while considering the ethical aspect of one's business decisions. First, one can hire employees to cover the store. The business ethics consideration of this decision is that one has to make sure that all the employees will be given the right salary and fringe benefits as provided by the labor laws governing the land…
Download paper
Assignment5 economics
Read TextPreview

Extract of sample
Assignment5 economics

The third step is to cut back the business hours. The business ethics component of this move is that if one is in the business of pharmaceuticals and health care, one risks the chance of causing damage to patients who will need your services by cutting back on the business hours. The fourth step is to close one's business for a week or two to actually take a vacation. The business ethics aspect of this decision is that if one has a pharmaceutical or health care business, one risks the possibility of causing inconvenience to one's clients. The fifth step is to bring in a family member to split the current "job load. The ethical consideration of this move is that one has to ensure that his/her relatives or siblings must do business observing fairness, honesty, transparency and accountability to government laws.
Zambia is landlocked and has a low population composed of 70 ethnic groups, many of them Bantu-speaking. The country boasts of spectacular scenery spanning the Victoria Falls along the Zambezi river, the Bangweulu Swamps and the Luangwa river valley. Millions of Zambians live below the World Bank poverty threshold of $1 a day. Zambia currently receives and provides shelter for tens of thousands of refugees who have fled fighting in the Democratic Republic of Congo. (World Factbook 2008). The World Bank Poverty Assessment Report (2007) has identified these areas of economic concern afflicting Zambia consisting of the high level of international debt, deterioration in the international price of copper, macro instability, the collapse of major manufacturing industries, the scourge of HIVIAIDS, and acute governance and policy failures.
Zambia has been one of most heavily indebted developing countries. However, the government has done serious efforts to pare down its international debt stock. Zambia obtained a total of 6.6 billion dollars of debt relief in 2005. (Scotland Aid Agency, 2008). If the Debt to Gross Domestic Product (GDP) ratio is 133%, this means that Zambia is paying millions on debt interest only. This is money that could be used to fund social programs or provide employment programs. Therefore, the unemployment rate is also adversely affected because the government doesn't have sufficient funds to begin or maintain such social programs. The unemployment and underemployment levels are very high. This means that many head of the families are out of work. Many families are hungry and in deep need of aid in social services such as health and education.
The country has to contend with an expensive disease which has no long term cure. The high rate of HIV/AIDs incidence also means that the country will need international assistance from the World Health Organization to combat this scourge. In 20013, HIVIAIDS prevalence was estimated at 18 percent for women and 13 percent for men, and Zambia was entering its third decade of double-digit HIVIAIDS prevalence. The country does not have the financial resources to finance health services and medicines to combat HIV/AIDS.
The low growth of the GDP is the result of weak government policies, poor business environment, lower foreign and local investments resulting in fewer businesses and fewer jobs available in the market. The literacy rate of Zambia is relatively low (65%) ... Read More
Cite this document
  • APA
  • MLA
(“Assignment5 economics Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/311148-assignment5-economics
(Assignment5 Economics Essay Example | Topics and Well Written Essays - 1500 Words)
“Assignment5 Economics Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.net/miscellaneous/311148-assignment5-economics.
  • Cited: 0 times
Comments (0)
Click to create a comment
You had to pay more dollars to buy 1 Mexican Peso. Part C Taking into account the trade volumes, the net change in the US dollar with regard to the four currencies under consideration, was a depreciation of 2.64%. This decline can be attributed only to the Peso, as the USD had appreciated against the Yuan, Yen and Canadian Dollar.
2 Pages(500 words)Assignment
Some countries grow rich and some others remain poor and this has been a central topic of debates for several decades. Economists use real income per capita in order to measure the well being of the people in a country. When it come to the economic growth, not only peoples’ income but also many other factors like political freedom, education, health and environment are of greater significance.
6 Pages(1500 words)Essay
Economics Purchasing a house is an economic decision that requires rationality. A decision to purchase the house can therefore be analyzed using the principals of economics. Reaching an appropriate decision on whether to purchase a house depends on the implications of the principals of the ten economic principals.
5 Pages(1250 words)Essay
Federal government uses macroeconomics to assess and analyze the alterations in rates of taxation and supply of money which in turn influence the economic parameters like inflation and unemployment. John Maynard Keynes developed Macroeconomics in order to build theory and policies in order to ensure Great Depression of the 30s does not happen again.
6 Pages(1500 words)Essay
e that the people of a country would receive the best of every thing that could be education, housing, health services or the other various basic necessities. Economics has been called and is known as a Social Science one that actually focuses on the subject matter that is
2 Pages(500 words)Essay
The traditional theory of demand has concentrated on four of the above determinants, the price of the commodity, other prices,
10 Pages(2500 words)Essay
This report looks at the question of the ‘who will produce’ aspect defined here. Government, in its role of economic regulation and policy definition, has
2 Pages(500 words)Essay
An impression of this argument are fundamentals that comprise the study of economics that is shortage, services and supplies, desires, the law of supply and
5 Pages(1250 words)Essay
Economic model takes either the form of a diagram or a set of equations that set out the relationship between different variables. According to traditional economic theories the firms try to
10 Pages(2500 words)Essay
These tools enable professional mainstream economists to address various economic issues facing the world. Mainstream economics is about modeling in a way that traditional or heterodox economics is not. It originated from the neoclassical synthesis of the neoclassical
4 Pages(1000 words)Essay
Let us find you another Essay on topic Assignment5 economics for FREE!
Contact us:
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