Compare and contrast the economic policies of Lenin and Stalin and evaluate their success. Comparing Lenin and Stalin one finds that both were following a communist ideal but what is the communist ideal? The main principal is to share a country’s wealth amongst its people. This is the theoretical side of the communist idea; the practical side requires a careful planning of the country’s economy and also a system that makes sure that everybody is treated equally. When Lenin and the communist party
Premium Marxism Soviet Union Communism
DOMESTIC POLICIES Economy President Fidel Ramos embarked on an ambitious development plan dubbed "Philippines 2000." Under the plan‚ several industries critical to economic development were privatized‚ such as electricity‚ telecommunications‚ banking‚ domestic shipping‚ and oil. The taxation system was reformed‚ and external debt was brought to more manageable levels by debt restructuring and sensible fiscal management. By 1996‚ GNP was growing at a rate of 7.2 percent and GDP at 5.2 percent
Premium Philippines
ECONOMICS CHAPTER 1 ECONOMIC WAY OF THINKING SCARE RESOURCES WEALTH OF THE NATIONS ECONOMICS: ADAM SMITH STAR CITY Scarcity Scarcity is the basic and central economic problem confronting every society. It is the heart of the study of economics and the reason behind its establishment. Authors have defined scarcity in various way some if which are complexly stated. One author defines scarcity as a commodity or service being in short supply‚ relatives to its demand (Kapur
Premium Economics Supply and demand
Research Topic/Title: The Growth of the Micro Enterprise Lending in the Philippines Introduction Micro enterprise financing‚ or the provision of access to micro entrepreneurs of small-scale loans and other financing-related services has been widely credited as a sustainable tool for reducing poverty. The microfinance movement‚ which the Grameen Bank started and pioneered in Bangladesh during the 1980s‚ has been replicated in other parts of the world‚ including the Philippines. However‚ while
Premium Microfinance
Business and Economic Environment Assignment Brief Assessment Activity Front Sheet This front sheet must be completed by the learner and included with the work submitted for assessment. Programme Advanced Diploma in Contemporary Contexts Unit Module Business and Economic Environment Learner Name Assessor Name Lilian Onuegbu Date Issued 21 February 2014 Hand in Date 16 May 2014 Submitted on Internal Verification Yes
Premium Macroeconomics Monetary policy Keynesian economics
inflation. Explain policies available to the government to combat these two economic issues. Unemployment and inflation have many different causes and the levels of have had severe fluctuations over time. Unemployment and Inflation can be caused by many different things but normally they follow the business cycle with high inflation in times of boom and high unemployment in times of recession. The government can use two different policies to either expand or contract economic activity resulting
Premium Economics Unemployment Inflation
Billion and a GDP of 7321508 Million US dollar. Population explosion in China was an outcome of high economic growth as well as a reason of heavy profits and surpluses of manufacturing industries in China. Through this paper I Intend to compare the similar relation among other countries like Japan and Sweden. Aging population brings the availability of cheap labor down and hence impacts the economic performance of countries. I will examine fertility and mortality and age structure pattern of population
Free Demography Population
MICROECONOMICS CHAPTER 1 INTRODUCTION TO ECONOMICS ____________________________________________________________________________________________ 1.0 INTRODUCTION – THE SUBJECT MATTER OF ECONOMICS Economics comes from the verb ‘to economise’‚ and this means making ends meet. This is a study of how society makes decisions‚ regarding the allocation of scarce resources. Economics as a subject is divided into two parts; Economics‚ social science concerned with the production‚ distribution
Premium Supply and demand Economics
Future of North Korea Economy: Politics Over Economic Policy The terms starvation‚ isolation‚ totalitarianism‚ and nuclear ambitions combined would remind most people the hermit kingdom in East Asia‚ the Democratic People’s Republic of Korea‚ and its Kim dynasty. After the demise of the aged dictator Kim Jong Il in December 2011‚ the country went through a period of mourning the death of their “beloved” Great General and‚ undergoing a power succession to his 29-year-old son‚ Kim Jong Un. He
Premium North Korea South Korea
Macro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While analyses are typically carried out on the macro environment‚ the micro environment still has an important role to play. In summary‚ the macro environment is involved with the industries‚ companies‚ markets‚ clients and competitors‚ while the micro environment can be represented by the suppliers‚ competitors
Premium Economics Economy Environment