Tag: business
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The Biggest Challenge That I Will Face in the Next Six Months
The next challenge I will face in the next six months will probably be whether or not I can make my financial situation more better than it already is. Don’t get me wrong, I am doing just fine so far with the amount of saving that I’m doing and making sure that everything is looking…
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The Pros and Cons of Globalization
Trade has been the driving force of the global economy and interaction of communities since ancient times. With the technological advancement and evolution of society, international commerce is heightened. Currently, one can order goods from abroad and receive them anywhere around the world. The connectiveness of the countries results from increased globalization, which very much…
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Growth and Medication Cost in the United States
The country’s spending on medications usually determined by three possible factors: the volume of drugs consumed and population of the country, drug utilization per individual, and the price and type of drug itself. However, in the U.S., the general inflation, which the health care policy has failed to control, is the main factor leading to…
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Biggest Economic Threat: Student Loan Debt
Argument Against: There are a number of reasons that can lead people to believe that student loan debt does not pose a serious threat to the economy. First and foremost, it is presumed that the government has a responsibility to ensure that all citizens have access to education. For this reason, any expense that goes…
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Conspicuous Consumption and Race: Who Spends More on What
Fashionable clothes, jewelry, flashy cars…They are all items of conspicuous consumption that gives their owners status on the streets. Such groups, such as blacks and Hispanics, seem to spend more on such emblems of success than others. Or is it just a stereotype? Economists have long accepted the explanation for conspicuous consumption presented by Norwegian-American…
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Disproportionately Impacted: Closing the Racial Wealth Gap through Student Loan Cancellation, Payment Reforms, and Investment in College Affordability
Today in 2023, the student debt crisis is particularly dire for African-Americans borrowers. Black degree-seekers are more likely to take out student loans to pay for higher education than their white counterparts and carry the largest average student loan debt of all racial demographics in the nation. Additionally, workforce inequities leave college-educated black workers with…
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What is My Dream Job?
I have had a lot of jobs over the years and some were good and others not so great, but to be honest, I really never of thought of having a “dream job”, but as long as it brought in good money I’m fine. I remember when I was younger I wanted to be…
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Researching the Concept of Bonds
Bonds or debt securities play a significant role in economics and are quite popular among investors. All people purchasing bonds are likely to strive to maximize their profit due to them. Obviously, its also necesssary to relaize that there are certain risks related to the bonds cost. However, investors with a fixed investment horizon have…