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Essay on Farming Economics in the Late 1800′s

Capitalism is the foundation of America and its opportunities; however, in the time period known as the Gilded Age the many flaws of capitalism were easily seen in the corrupt society. When the United States was founded the farmer was the cornerstone of the nation’s society. Their views were greatly respected by almost every politician [...]

Essay on U.S. Economics in the 1930′s

In the 1930’s, the United States was in very poor economic shape. The Labour government was defeated in 1931. As a result of this, the Depression occurred. The devastation of the Depression led to the creation of the National Government. Money in the 1930’s was very scarce because of the Depression. People worked for only [...]

The Economic, Social, and Political Effects of The Opium War Essay

Throughout Chinese history political and economic events have led to drastic changes in China’s economy and government. Many of these events have been internal, involving struggles within China. Others have been external, such as the Opium War. The Opium War was a political and economic event in China’s history that has led to social, economic [...]

Essay on A Static Analysis of The Customs Union Issue

Preferential trading agreements (PTA’s) are one of the biggest issues facing world trade, they involve groups of countries charging high trade tariffs to the rest of the world while lower on no trade tariffs are charged to the countries within the preferential trading agreement. The European Union and NAFTA (North American Free Trade Association) are [...]

Adam Smith essay

Adam Smith Adam Smith was a well-known Scottish political economist and philosopher. He is most famous for his influential book “An Inquiry into the Nature and Causes of the Wealth of Nations”. Living an interesting life, publishing two remarkable books and having influential perspectives on economy then and now, Adam Smith is perhaps the procreator [...]