Economics Essay Examples Page 8

Introduction The current economic status of women is defined by a single statistic, “women make 80 cents for every dollar a man makes”, according to the Institute for Women’s Policy Research (2018). Women in the United States are not economically equal to men due to an oppressive labor force and outdated capitalistic ideology. The current…

In recent years, China’s economic growth has been staggering, as at January 2018, the growth rate achieved was 6.8% (Trading Economics, n.d.). However, behind all the glorious numbers achieved, lies a very serious problem – Social inequality. Between the year 2005 and 2016, a study carried out by Statista has shown that around 1% of…

The Problem Over the last three decades the share of wealth owned by the richest 0.1% of families in the US has risen from 7% to 22%. There are approximately 160,000 families in this cohort and their wealth amounts to at least $20 million per household. In this same time, the wealth of the top…

Many Americans have become wealthy and famous because of their hard work and determination and many others can too. The problem lies in the fact that not everyone in America can attain these hopes and dreams of being successful and rich. Even though a certain amount of income inequality is valuable as it gives people…

Inequality can be seen in various different contexts. Within the last years, public increased caring about gender inequality through rising feminism, as well as there have always been conflicts over racial inequality and the different treatment of people because of their skin colour or origin. At the same time, huge disparities can be recognized when…

Introduction Extreme socio-economic inequality in South Africa remains obstinate, despite decades of transitioning to democratic rule. By contrast, poverty levels have decreased due to deliberate redistributive policies put in place such as progressive tax system and enhanced cash transfer programs (Sulla & Zikhali, 2018). Also, South Africa recorded relatively stable economic growth in terms of…

Abstract In this paper, we review major literature of the past with respect to global income inequality trends and relationship of income inequality with other variables of an economy. Then, we study income dispro- portion by looking at the cross-section of 24 countries from the time period of 2001 to 2014, with the help of…

Abstract In today’s world market perception has gone a drastic change. Thanks to internet and security protocols that are making physical market trends to obsolete as everybody is adopting and shifting to digital marketplace. The biggest reason behind this is accessibility to global markets and increase in effectiveness of businesses. But nothing comes without any…

Financial literacy is a study and believes of different financial areas. It is the topics related to managing personal finance, money and investing. These topics are focused on the ability to manage personal finance elements in an efficient manner. It also includes the knowledge of making suitable decisions about personal finance, such as insurance, real…

It might seem far-fetched that discord in the 21st Century is mainly based around political, social and economic inequality. But in fact, they are part of our and everybody’s daily lives in some form or another. The three aspects are involved in the majority of issues around the world. Inequality is sometimes perceived to be…