If a bank or a person lends a sum of money to anyone, they impose a certain percent of interest to it. Simple interest refers to the principal sum of loan; it grows with every month or year so that the total simple interest is calculated by adding interests of every period. As a reinvested…
Samples - page 32
Income distribution essay sample
Income distribution is an essential economic concept that shows where the income of the whole nation goes. It usually concerns the distribution of GDP and results in a disproportionate spread of costs among individuals participating in the economy. Income inequality is measured as a percentage of income opposed to the percentage of the population that…
Price control, price ceilings and price floors essay sample
The free market usually implies certain price control from the government. Regulations are necessary to make goods affordable and slow inflation. Price ceiling and price floors are the maximum and minimum price that can be imposed by businesses. Aimed to benefit certain groups, the means of price control break the balance between the demand and…
Economic systems essay sample
Today governments use several economic systems to coordinate market relations within their countries and on the global market. Economists provide various classifications, however, the two major economic systems that evolved first are planned and market economy. Economic systems explain how major processes in the industry and market are regulated. Over the time, different hybrid economic…
Division of Labor and Specialization essay sample
Labor specialization is an inevitable part of modern economies. Modern factories are full of workers who concentrate on performing certain operations. Gone are the times when one worker had to perform the whole range of specific tasks to produce goods. The term “division of labor” was coined by Adam Smith in the eighteenth century. The…
Real, relative, and nominal prices essay sample
Constantly shifting prices usually make people confused. They cannot figure out the actual value of goods if prices steadily grow or jump up and down. Consumers become even more puzzled if told that a price in terms of money is only a nominal value of the product and it does not always coincide with…
Cost-benefit analysis essay sample
While making decisions and evaluating projects, we always need a systematic approach to contrast all the advantages and drawbacks. Cost-benefit analysis is this useful tool that can show us whether the input is worth the result. It is frequently used for evaluating non-critical financial decisions. The tool became popular soon after it was introduced in…
Is it possible to detach ourselves from materialistic comforts? essay sample
Owning things is a distinct feature of the consumer society. Businesses from all around the world encourage us to buy more, search for a better quality in products, and surround ourselves with brand-new items that appear on the market. Looking at these advertising, we merely pass by while the increase in our purchases is steady…
How to overcome burnout? essay sample
However interesting our occupations may be, no one can prevent burnout. It is hard to predict the moment when our passion for work drains: people just become stunned with their inability to perform routine tasks. It was merely a day ago when we felt still enthusiastic about our business, and today we suddenly became helpless…
What is the process of astronauts’ flight preparation? essay sample
Astronaut is not only an exciting but also a very challenging profession. As NASA missions evolved, an astronaut became not only the person who belongs to the crew of spacecraft. Since the 1970s, they transformed into scientists who targeted at superior academic achievements. Today, NASA distinguishes two types of astronauts – pilots and mission specialists….
How to prepare for a job interview to get the position? essay sample
The necessity to make a good first impression frequently pulls anxiety, especially when we need to impress our potential employers. The prospect of a job interview can be disturbing even for experienced workers, not even to mention college graduates who are clearly intimidated. To reduce anxiety, applicants shall check whether they know basic questions…
How does tobacco addiction develop🚬? essay sample
Cigarette addiction is not merely a bad habit – it is a reasonable response of the human body to chemicals that enter its brain. However, this process is simple enough for an average person to understand. Nicotine is released into the blood as tobacco smoke fills the lungs. Within seconds, nicotine reaches our brain where…
How does the immunity of human body work when an infection attacks the organism? essay sample
The immune system is an incredibly complex set of cells that coordinate with each other and perform different functions. Some of them define dangerous agents such as viruses and respond to the other cells that destroy the virus. There are several types of white bodies in our blood such as macrophages and lymphocytes, which cope…
The benefits of the last business tendencies of the global market essay sample
Popular trends come and go while effective strategies develop and improve. Entrepreneurs try to keep pace with the current tendencies that already proved themselves efficient in business. Development of technology gives new opportunities to those who need to contact more customers and advertise successfully. Therefore, most innovative tools for running business lie in the digital…
The role of the pop-up ads in the whole system of web-advertising essay sample
Pop-up ads are a common means of the digital marketing. These small windows emerge out of nowhere in our web browsers as soon as we visit a website that contains advertising. Sometimes these windows may block the initial information on the page, not even to mention that they are incredibly annoying and distracting to…
The evaluation of homeopathy as a potential “medical tool” essay sample
The controversy around homeopathy does not seem to end up with any explicit conclusion. Not only patients but also doctors still do not know what homeopathy really is. Perhaps we deal with a fraudulent practice, which can offer nothing but a placebo effect or maybe it is a universal treatment discovered by healers in times…
The contemporary vital problems of exhausting the resources of the Pacific Northwest Environment essay sample
The Pacific Northwest region has always been a unique area with its lush forests. Its population accustomed to benefiting from the abundance of natural resources available in the region. The greatest local industries assure active trade with other regions of the US. Agriculture, forestry, fishing, and mining make people love their nature for its generous…
The role of UNEP in the world’s monitoring of water, air and land pollution
As the leading global environmental organization, UNEP pursues several goals concerning environmental protection. The authority tries to minimize effects of the climate change by supporting trends and initiatives which help to cut greenhouse gas emissions. UNEP takes part in the prevention of disasters and conflicts which affect human well-being and exacerbate environmental degradation. It…
The concept of the family as described in Ancient Greek Literature
As a key concept of numerous nationalities around the world, family is one of the core human values in the Western culture. Both American and European heritage show that our forefathers were concentrated on the integrity and harmony of their families among other important issues of their everyday life. Family is one of the…
The primary goal of the merit-pay system for the teachers as a motivational system essay sample
Merit-pay system of issuing teachers’ salaries is advised as a tool for making a teacher equal to any other employee who is paid for doing their job better than their colleagues do. Critics assume that the reason behind the failure of public educational establishments to show excellent results lies in teachers being lazy or tired…
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