Economic inequality is the variance found in many processes of economic well-being among individuals in a group‚ among groups in a population‚ or among countries. Economic inequality is sometimes called income inequality‚ wealth inequality‚ or the wealth gap. Social inequality arises when resources in society are distributed unevenly‚ through the types of distribution‚ which create specific patterns along the lines of socially defined groups of people. It is the different preference of access of
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this might be that Stock Market depends on the overall health of the Economy‚ and real Economic variables which tend to display persistence. Therefore‚ an interesting question in finance is: what derives stock market volatility? Understanding the nature of stock market volatility gives some important implications for policy makers‚ economic forecasters and investors. Studying the impact of MacroEconomic factors such as Inflation‚ Interest Rate‚ Dollar Value and FII on conditional stock market
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Why are Some Countries Richer than Others? Poverty is still the biggest problem the world faces from day to day. Every country suffers from it to some degree‚ however certain places are greater effected than others. This is because the level of economic growth differs from country to country. The greater amount of growth the less room there is for poverty. This is simple reason why some countries are richer than others. If countries fail to move forward than it can present many problems. Mainly
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In economics‚ deflation is a sustained decrease in the general price level of goods and services.[1] Deflation occurs when the inflation rate falls below zero percent‚ resulting in an increase in the real value of money — a negative inflation rate. This should not be confused with disinflation‚ a slow-down in the inflation rate (i.e. when the inflation decreases‚ but still remains positive).[2] Inflation reduces the real value of money over time‚ conversely‚ deflation increases the real value of
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Using economic theory explain why some countries are richer than others. Abstract This paper tries to analyze why some countries are richer than others. Economic theory is used to identify the different factors affecting countries to be richer or poorer. Introduction One of the fundamental questions regarding the world during all the time is why some counties are richer than others. How is it possible that there are some countries in 21st century‚ where families cannot feed their children
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Economic Inequality There can be different views on what people think about the subject of economic inequality. Some people think it definitely exists in this country and it is unfair. There are also people who think that there are inequalities and that is not something to be alarmed about. They think that it’s an exaggerated notion. What is economic inequality? It is when different people have different levels of income or wealth in a society. Now you may not think there is a problem
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Why are some countries rich while others remain poor? How does globalization contribute to the wealth or poverty of nations? To tackle these questions we have to recognize that both are very open and it is probably very hard to have a definite answer. My purpose with this essay is to analyze what I consider to be the most important aspects of these questions taking into account my research‚ background and experiences. I will try first to address both questions and at the end present conclusions
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control what country they are raised in as a child. As a result of being born into different countries and better families‚ some are lucky enough to grow up and live a better life than others that were not lucky enough to be born into a great country. The reason why some countries are better than others are due to things such as geography‚ opportunity‚ and education. Another important factor that contributes to people living better lives than others is because the government system in one country is better
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there has been an increase in economic inequality in the United States. Four major reasons for this increase is the changing relationship between technological expansion and education‚ deindustrialization and restructuring‚ government policies‚ and decline of unions. Technology in the United States has advanced immensely since the 1970s. This has led to peoples jobs being replaced by technology‚ for example bank tellers have been replaced by ATMs‚ and a higher level of education is now needed to
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Abstract Strong economies compete on the basis of high value‚ not solely low cost. Yet in the United States‚ growing economic disparity hinders the nation’s ability to provide the high-value-added products and services necessary to compete in a global marketplace. The economic problems associated with unequal growth – stagnant wage growth and depressed market demand – in turn exacerbate social problems‚ such as crime‚ drug abuse‚ gangs‚ reliance on transfer payments‚ and family break-ups. The most
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