Entrepreneurship and US Economy

Entrepreneurship and US Economy

Entrepreneurship and US Economy is correlated. The United States economy depends heavily on entrepreneurship, which has contributed significantly to its long-term prosperity. The US economy relies heavily on entrepreneurship as a driving factor behind its expansion and innovation. By encouraging a culture of innovation and risk-taking, it promotes economic growth and the development of new jobs via the formation of startups and small enterprises. Entrepreneurs, who are often the creators of innovative technology and business strategies, not only create money but also improve the level of competition on the world stage. With the help of a robust ecosystem of investors and institutions, entrepreneurship in the United States is crucial to defining sectors, generating wealth, and advancing …

Sharing Economy Companies

The popularity of sharing economy in China by sharing economy companies

There are so many sharing economy companies in all over the world. In particular china is the frontier to show the better use of sharing economy. To explain the reason behind the popularity and the impact of sharing economy in china, it needs to focus on successful scenarios of the sharing economy and to explain it there must have the importance of the identity theories as well personality that basically attracts many people of china to accept or to use the new innovation of sharing and established it to the consumer mind (Yan, 2017).


In the impact of sharing economy as Sharing Economy Companies, Uber as ride sharing …

Environment Analysis

Environment Analysis of Perfect Potion

Introduction and Background

Environment Analysis is conducted for understanding the business political, economic, social, technological, environmental and legal issues. This study would focus on the Environment Analysis of Perfect Potion. Perfect Potion is an Australian private company from Banyo, Brisbane. It basically produces aromatherapy kinds of products. (PerfectPortion, 2018)The range of the product of Perfect Portion includes hair herbal and face herbal products, essential oils, natural remedies and herbal products for face skin etc. The Perfect Potion team is dedicated as well as goal oriented for creating innovative products, innovative as well as creative natural cosmetics that not only good for the body, for the mind, and for the spirit of life, but also having …

Currency Union

New Zealand should form a currency union with Australia

A currency union can be entitled to could produce productivity margin as well as productivity gains. It is the concept of sharing the single currency by a group of countries to get some benefits in the area of exchange rate mechanism whether it will be useful to reduce transaction cost, cost of deviation between currencies, favorable market for the exporter or importer.  On the other hand, it is the matter of threat for the individual monetary policy or the use of fiscal policy by own country.

The first myth is that dollarized using Australian dollar, there would be the matter of strategies that must be employed as well as applied …

Liberal Market Economies


In a coordinated market economy, their whole economy circled on a long haul connection between firms. Business contracts, choices on who to contract and how to prepare them, and access to capital are altogether made through an affectionate system of incredible officials; insider information and connections are the key factors here. (Bevir, 2014)While, in a liberal market economies, access to capital for enormous firms is normally picked up by means of the public markets: the bond market and stock market. This implies the long haul connections run of the mill of Continental economies are less critical here. (Schulze-Cleven, 2015)

Differentiation of Liberal Market Economies from Coordinated Market Economies

LMEs and CME are fairly perfect sorts and I figure we …

Effect of US Glass-Steagall Act

Effect of US Glass-Steagall Act

  1. Introduction

The Glass-Steagall Act was passed by the U.S. Congress in 1933 as the Banking Act, which disallowed business banks from partaking in the speculation managing an account business. (Alex, 2017) Glass-Steagall was supported by Senator Carter Glass, a previous Treasury secretary, and Rep. Henry Steagall, an individual from the House of Representatives and Chairman of the House Banking and Currency Committee. The demonstration was passed as a crisis measure to counter the disappointment of very nearly 5,000 banks amid the Great Depression. The effect of US Glass-Steagall Act lost its intensity in resulting decades and was mostly revoked in 1999. Formally known as the Banking Act of 1933, it was one of the milestone …

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