Economics Page 5

Nigeria’s quest for development which has spanned some decades and is yet to deliver on the ultimate goal of poverty reduction, despite various plans, programmes, and projects. Analysis of growth drivers on one hand has identified several factors including macroeconomic environment, political and social environment and investment gap. Some policies are required to attract foreign…

Do you agree with Joanna Cohen’s WACC calculation? Why or why not? WACC stands for Weighted Average Cost of Capital. It is the rate that a company is expected to pay to debt holders (cost of debt) and shareholders (cost of equity) to finance its assets. It is the minimum return that a company must…

In the developing world, the role of the state in promoting social progress and economic growth has been subject to controversy in the international development field for the past 50 years. Over those years, the role of state has significantly diverged. Through the 1950’s and 1960’s state-led development with high levels of autonomy was encouraged…

Tourism is very vast and a fast-growing sector in the global that has significant impacts on the environment, culture, society, and economic which affects positively and negatively. Natural resources help generate and promote more income ability to provide settings that are environmentally safe for the domestic & overseas community (Cater 1993). Tourism plays a significant…

When the Asian-Pacific Economic Cooperation (APEC) was established in 1989 in response to the growing interdependence among Asia-Pacific economies, its goal was to advance Asia-Pacific economic dynamism and sense of community. When the cooperation was established, there were 12 founding member economies, namely Australia, Brunei Darussalam, Canada, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand,…

Cottons Impact on the United States Before the Civil War With the end of the War of 1812, few people in the United States envisioned a civil war in the future. With a developing Western section of the country, the future looked bright for a stable growing economy based on extraction of resources (agriculture, timber,…

The use and rapid growth of technology has often be seen to many of the working class as a bad omen, like a cancer it spreads and gradually, one surcum to the inevitable. One occasion which arose and was met with resilience occured in England in 1811 when the revolutionary crop machine became the center…

  Some characteristics that these two buildings share include quest for height, basic floor plan, and artistic flair. The period of Romanesque architecture, which lasted roughly from 1050 A.D. to 1150 A.D., concentrated mainly on achieving massive proportions, rounded vaulted bays, the round arch, the wall buttress, cylindrical apse and chapels, and towers. Early Gothic…

If the South had won the Civil War, where might our two countries be today? Would slavery have been phased out, and if so, how soon? Would the South have erected tariffs and immigration quotas? Would Disney World have been located in Florida, and Dollywood in Tennessee? Would there be unified currency for the U.S….

Production is defined as the creation of utility or the creation of goods and service which gives satisfaction to the consumer. Finished goods are processed from raw materials for distribution to consumers in other to satisfy their wants. The production process involves both material and immaterial inputs resulting in output in the form of finished…