In the event that prices decrease in the economy‚ regardless of the cause‚ total spending will increase. Total spending is made up of the spending by consumers‚ investment spending‚ the government’s spending‚ and net exports. According to the law of demand‚ if everything else remains constant‚ but the price of a good or service decreases‚ consumers are likely to buy more of that good or service. Also as prices decrease the value of the wealth consumers have increases‚ so consumers are able to buy
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Abstract In recent years‚ gaming industry has been rapidly developed and completely exploited. However‚ some studies have pointed out that the growing problem of gaming industry in Macau. Most of the people are holding a concept that the wages of working in the field of gaming industry should be very high and attractive. Therefore‚ more and more people gave up continuing their studies and going in this industry as well. More than that‚ the opportunity of getting a job in gaming would often be higher
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Pest Analysis Fast Food Retail Sector Introduction Political Factors McDonald’s food safety is of a very high-quality and is recognised as one of the best in the fast food retail sector. One of their main successes has been their training programme. They 1 train all of their staff before they begin work in one of their restaurants on all aspects of food quality‚ food safety and hygiene. This training‚ along with being made aware of the importance of cleanliness‚ continues throughout their
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country’s capital in 1860. The North had five times the number of factories as the South‚ over ten times the number of factory workers‚ the North also accounted for 90 percent of the nation’s skilled workers. Tariffs created to protect northern industries began to take effect‚ causing southern product taxes to rise; this caused deep animosity between
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the UK’s Fast Food Industry Executive Summary The food industry in the UK is a multi-billion pound industry that is mainly dominated by a few competitors such as McDonalds‚ Burger King‚ KFC and Subway. Most of the food sold in these fast food restaurants is unhealthy‚ which is becoming a huge concern as there are many people dying of obesity and other health related problems. This is one of the key social factors facing the fast food market at the moment. The fast food industry is a ‘red ocean’
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industrialized economy and basically comprises of textiles‚ chemicals‚ food processing‚ the agricultural sector and various other industries. It is a surprising fact that Pakistan’s economy is the 27th largest growing economy in the world when measured in terms of Purchasing Power Parity (PPP). The economy has suffered from political instability‚ rising population growth rate and a war of words with the neighboring country India which has proved to be very costly for Pakistan’s economy. There is worldwide
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production of products and goods which led to the need of more advanced infrastructure and industries. However‚ the expansion of infrastructure and industry resulted in many Americans losing their jobs which increased the poverty rate drastically. The last sector is that of the Stock Exchange. It was the new craze of Americans to buy and sell shares on the stock market to make a profit; this made the American economy flourish fast and many individuals rich beyond belief. Unfortunately‚ most there was
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to 1918‚ was one of the greatest wars and the first modern war in the world. This world war I became the gateway to new things. From the political‚ social and economic fields. This war not only inflicts tremendous damage but also costs a lot and affects the world order afterwards. World War I brought down the four greatest empires in Europe without a trace. No more kingdom‚ the state system began to grow. World War I was also the beginning of the emergence of new ideas that flourished. Fascism (Germany
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Tourism has developed as a prevailing financial variable in United Kingdom as well as in global horizon. With its financial and all other business benefits‚ tourism and hospitality industry can absolutely assume a deciding part in the improvement of economies which experiences problems of an unfavourable parity of payment circumstance‚ a high level of social backwardness‚ other than the natural issues. Be that as it may‚ to make progress in tourism and hospitality there‚ organisations operating
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Time Period 8 Study Guide 1. The economic growth following World War II was caused primarily by the efforts of the president and the federal government in response to fears about another Great Depression as 1946-1947 put America into a postwar recession. The Servicemen’s Readjustment Act of 1944‚ otherwise known as the GI Bill of Rights‚ allowed the 15 million veterans returning from the war to continue their education through government grants. The federal government also allowed veterans over $16
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