The privatization procedure in Algeria began as early as 1986, where it strived to aggravate economic growth through marginalization of the private sector (Kandogan 651). ... The country privatizes sectors such as tourism and telecommunications, and airlines, among others. Both Algeria and Morocco engage in water privatization. ... Below is a table summarizing the country's GDP information (Ayadi, Arbak and Naceur 230). ... Unlike Algeria, Morocco has an increasing GDP and privatization is one of the leading revenue channels in the country. ...

• Word Count: 758
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

As far as I concerned, monopoly is mainly caused by several reasons, they are: the government policy, the ownership of an essential resource, information and economics of scale. ... The third reason for monopoly is information. ... Thus, to sum up, there are four causes of monopoly, the government policy, the ownership of an essential resource, information and the economics of scale. ... But in 1990s, BT was reformed into a private business and it faced much competition from other telephone companies, so BT had to change its way of thinking. ...

• Word Count: 616
• Approx Pages: 2
• Grade Level: High School

Foundations: Wants - Economists term for everything people desire beyond basic goods and services that meet their needs. Needs - Necessary to live. Scarcity - State in which people do not and cannot have enough income, time, or other resources to satisfy their every desire. Trade Off...

• Word Count: 353
• Approx Pages: 1
• Grade Level: High School

Unavailability of easy credit- Loans from government institutions or mandated lending by private banks often ended up in the hands of the wealthiest segment of the targeted group. ... Interest rate ceilings frequently also make it unprofitable to lend to small, rural non-farm borrowers those who can provide little information on credit worthiness and desire small loans, and have little collateral (and thus represent greater risks). ...

• Word Count: 2539
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

"We need to reawaken this giant." -Ronald Reagan. When Ronald Reagan entered office, the American economy was in a state of decline. Economists were doubting the American system of free enterprise, and some thought Russia's command economy was the answer. The Keynesian school of thought figured ...

• Word Count: 3958
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School