Research Paper
High School
Economic Final Report
This is a final economic report that examines the various types of economies and the production of goods and services. This report is basically divided into two major sections with the first section discussing the four types of economic systems i.e. traditional, command, market, and mixed economies. The second part examines the four types of factors of production i.e. land, labor, capital, and entrepreneurship and their role in the productions of goods and services.
Global deforestation in Madagascar: challenges and impacts
The indisputable fact that tropical rainforests are vital to the planet's process of ensuring habitability for humanity has not stopped society, in both core countries and periphery countries, from wantonly destroying them on a scale that has been significantly accelerated by industrialized processes. According to the World-Systems Theory first advocated by Wallerstein in his seminal treatise World-Systems Analysis: An Introduction, this phenomenon of counterproductive action during the procurement of immediate gain is an unfortunate byproduct of the overriding prerogative of core countries to exploit periphery countries through the symbiotic core-periphery relationship (17). The current construction of World-Systems analysis holds that core countries, including America, Europe's thriving economies, and developed nations in Africa and Asia, derive enormous economic and political power from "the axial division of labor of a capitalist world-economy (that) divides production into core-like products and peripheral products" (Wallerstein 28). Madagascar's relative abundance of untapped natural resources, in the form of massive "old-growth" tropical rainforests, and deposits of minerals like chromite and titanium ore which are now used in the construction of cellular telephones and laptop computing devices, represent peripheral products that can be exploited for the ongoing manufacture and distribution of the core products driving the engine of globalized commerce.
Mixed Economies Comparing the Dominant Mixed Economy
This paper compares the mixed economies of the world. It looks at the American School, the Nordic Model, the French model, and the Japanese post-war economy. It shows how each is similar and different, depending on attitudes regarding free-market economics and socialism--whether of the social or corporate kind.