Business & Finance

Introduction Throughout history, capitalism and socialism have stood as two contrasting economic ideologies, each offering a distinct vision for how societies should organize their economies. The clash between these two systems has been at the forefront of political and economic discourse for decades. In this essay, we embark on a journey to critically analyze and […]

Introduction Brexit, the monumental decision by the United Kingdom to leave the European Union, was a political event that reverberated globally. Its complex nature and profound implications called for a nuanced understanding, and rhetorical analysis emerged as a valuable lens through which to examine this intricate discourse. In this essay, we delve into the intricacies […]

Background In 2014, Greece entered its sixth consecutive year of the recession that has financially crippled the country since 2008, according to EUROSTAT statistics. During this period Greece has experienced a decrease of 25% in its Gross Domestic Product (GDP) driving 1.5 million Greeks to unemployment. At its peak, unemployment was at 28% of the […]

Since 2008, Greece had to face one of the biggest problems in its history, the financial crisis. The Greek economic crisis turned attention on the country’s vast public debt and high budget deficits. On 2 May 2010, the Eurozone countries and the International Monetary Fund agreed on a €110 billion bailout loan for Greece, conditional […]

According to Chibber (2011), Greece has a huge debt which is relative to the size of its current $357 billion economy (approximately 120% of its Gross Domestic Products). The debt crisis has been created by a number of factors which include finance globalization; 2002-2008 credit conditions that encouraged high-risk borrowing and/or lending practices, real-estate bubbles […]

Canadians have come to expect the government to do more for them, and that’s a bad thing. If the government does more for people, people will become more dependent on the government. People will start to become lazier and think that the government will do everything, and then we will move from a mixed economy […]

Summary This short report examines the electrical power system in France, particularly in its development over the past decade. The report looks at France’s energy mix, the electricity market in the country, the role of renewable energy sources in the electrical power system, and the new ITER project as a case study for new energy […]

The economic power of oil has perhaps diminished in recent years: oil prices have plummeted, the realization of the impermanence of fossil fuels has led to alternative fuel innovation, and nations are hesitant to be too reliant on oil-bearing countries. However, this problem is more controllable than is often assumed. Part of the oil industry’s […]

The Internet currently spans 145 countries and has more than 60 million users. It is estimated that there will be a billion people using the Internet by the year 2000. The majority of Internet activity is in North America. Twenty percent, 40 million of North American population older than 15 years have access to the […]

The Industrialization revolution took many villages in England by storm, bringing about huge changes to the daily lives of many villagers. Technological advancements in these rural villages were responsible for urbanization. Politically, factory owners and factory bosses gained a great deal of power; however, the influence of the church remained strong. The economy shifted from […]