Hung Chun Tung Donald Class: Macroeconomics The state of the US Economy The US has the largest and most technologically powerful economy in the world‚ with a per capita GDP of $48‚450. The economy of the United States is a mixed economy‚ and has maintained a stable overall GDP growth rate‚ a moderate unemployment rate‚ and high levels of research and capital investment. It has been the world’s largest national economy. As of 2012‚ the country remains the world’s largest manufacturer‚ representing
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State Principles and Policies government by representation Government by representation is the essence of a republican government. As sovereignty resides in the people‚ it is the people that establishes the government that governs them. Hence‚ sovereignty is exercised in two ways: directly and indirectly. Indirectly‚ sovereignty is exercised through the elected representatives or commonly called public officials. These officials are accountable to the people. Their acts are considered acts of
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ABSTRACT Why is the role of the state so crucial for the process of development? What is the developmental state? Why is there so much hype about the notion of developmental state? What led to it’s evolution? What are its characteristics? Is the model transferable? What is Neo-Developmental state? I have tried to answer all of them in this assignment according to the order of these questions. Although the nature of answering these questions is by itself a critical analysis but I have also tried
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since the first records of civilized society were recorded. The evolution of consumerism in the United States can be understood by dividing it into three basic components; trade‚ monetary policy and the digital economy. These types of economies can also be described as the agricultural economy‚ the industrial economy‚ and the post industrial economy. At first‚ consumerism in the United States was established as trading between Indians and settlers for crops and labor. This was also known as the
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cause of concern for the government of the United States. According to The Washington Post‚ in 1991‚ bankruptcy cases are increasing by eighteen percent (Walsh). The legal definition of Bankruptcy is the permissible procedure for dealing with debt complications of individuals and businesses (United States Code: Title 11‚TITLE 11—BANKRUPTCY Legal Information Institute). Specifically‚ a case filed under any of the chapters of Title 11 of the United States Code the Bankruptcy Code is frequently acknowledged
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Vanessa Bausch Mrs. Chaney History 4/12/13 Washington: Western States Report Washington became the 42nd state on November 11th‚ 1889. Washington was named after the famous president‚ George Washington. Gold was discovered in 1852 by agent Fort Colville. Mining became a big thing. In 1860‚ gold deposits were found in Orofino Creek and Clearwater River. A rush of prospectors was brought to Walla Walla. Between 1880 and 1890‚ the population quadrupled. Most settlers were from the mid-east
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came to levying taxes the Articles stated Congress could request states to pay taxes. The Constitution states Congress has the right to levy taxes on individuals” (Feldmeth‚ Greg D. "U.S. History Resources" http://home.earthlink.net/~gfeldmeth/USHistory.html (31 March 1998). “A federal court the Articles states no system of federal courts. With the Constitution a court system created to deal with issues between citizens and states.”(Feldmeth‚ Greg D. "U.S. History Resources" http://home.earthlink
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different races or cultures) in a group or organization. (Merriam-Webster Dictionary) The United States gotten increasingly diverse over the past 50 years. In 1965 the American population was 84% white‚ and only 3% of congress was made up people of color. Today the American population is 62% white‚ and 17% of congress is made up of people of color. Although there is still a long way to go before the United States embraces all of it’s people‚ this is a drastic improvement. But racial diversity isn’t the
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The debate over slavery and states ’ rights had become so intense by 1860 that the South was ready to break away altogether‚ and they did not want to cooperate with the North. They felt they were being exploited and taken advantage of by the North. The economy‚ culture‚ and various ways of life had developed differently throughout the U.S.‚ creating a feeling of disunity. Resolving disputes threw compromise no longer seemed possible. They had no reason to compromise and work out their disputes because
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Port State Control is a waste of a State’s Resources- Discuss for or against Port State Control (PSC) as defined by wikipedia.com is the inspection of foreign ships in other national ports by PSC officers (inspectors) for the purpose of verifying that the competency of the master and officers onboard‚ the condition of a ship and its equipment comply with the requirements of international conventions (e.g. SOLAS‚ MARPOL‚ STCW‚ etc.) and that the vessel is manned and operated in compliance with
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