In the early 1700s, slavery had become an entrenched economic and social institution in the English colonies due to the growing need for labor and the increased availability of slaves in America. ... When less and less people were coming from England to the American colonies, the need for labor in order to cultivate a large yield of crops grew. To fill this demand, slaves were brought from the Indies (who were previously brought over from West Africa) to work under the authority of the free English men in the colonies. ... This was due to the fact that in 1698, the Royal African Company, tha...

• Word Count: 484
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• Grade Level: Undergraduate

THE SOUTH AFRICAN ECONOMY Brief economic history During the 1960s the South African economy expanded at an annual average rate of 5,5 percent and experienced average inflation of 2,4 percent. ... South Africa's economic performance in the 1980s and the early 1990s was severely hampered by a poor political environment and the deteriorating terms of trade. The terms of trade - defined as the ratio of export prices to import prices - have always been particularly important in an economy as open as South Africa's. ... The longer-term policy objective is to bring South Africa'...

• Word Count: 6046
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• Grade Level: Undergraduate

In America's society a war is brewing, it's on the streets, it's in the workplace and quite possibly raging outside your very own window; it is a war which is occurring within ever level of our society and has been for quite some time. ... Then, too, the migration of African Americans and other people of color to the cities added to the disfavor in which ghettos were held. ...

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These flows have started declining, and are likely to decline further in the near future because of (i) general "aid fatigue" and sharply reduced aid budgets in the major bilateral donors, (ii) increased competition from new claimants, and (iii) efforts to focus aid flows on the poorest of the poor countries, mostly in Africa. ... Lower Transportation Costs and New Information Technologies combined with the geographical proximity of the region to the North American markets, have expanded the potential for tourism and other services industries. 2. ...

• Word Count: 673
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The population of "the West," which includes Western Europe, North America, and Asian capitalist economies, such as Japan, Singapore, and South Korea, has remained flat since the latter half of the 20th century, with some populations, such as Japan's, experiencing a steady decrease. Meanwhile, the population of developing economies has continued to grow, especially in Africa and India. ... As discussed in class, the entire African continent is currently experiencing a huge population growth that is expected to reach 2 billion people by 2050. However, Africa is not projected to h...

• Word Count: 711
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• Grade Level: Undergraduate

While examining the Value of manufactured output around the world, data confirm that North America and Europe have a major trading industry. ... Countries such as India, Nigeria, Ethiopia, and many African countries have a low manufactured output because they tend to have more transaction dealing with agriculture rather than manufactured outputs. ... In conclusion countries in North America and Europe are more likely to have a higher manufactured output than African or Asian countries around the world. The low literacy rates in African and Asian countries have such a low manufactured output,...

• Word Count: 578
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• Grade Level: Undergraduate

According to this view, it makes little sense for America to produce textiles at home when they can be produced at a lower cost in Honduras or China (which unlike Honduras is a major source of American textile imports). Importing textile would benefit America as well as China. ... Last year the Bush administration announced it would give American farmers an extra $175 billion during the next decades. The yearly subsidy the US gives just to American cotton farmers is three times its total aid to Africa. From 2001 to 2002, the US granted its cotton farmers $3 billion in subsidies, more than the ...

• Word Count: 3797
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• Grade Level: Undergraduate

Between 1991 and 1992 the whole of Southern Africa experienced the worst drought which resulted in large scale crop failure, food shortages and in extreme cases famine. ... This unemployment led to the migration of young professionals who were skilled to countries like South Africa, Britain, America, Australia and New Zealand. ... The loan that was meant for ESAP from the African Development Bank and the African Development Fund was approved in 1991 December and signed in January 1992.The agreement did not come into full force till May 1992.I would believe that the delay in the disbursement of...

• Word Count: 1057
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• Has Bibliography
• Grade Level: Undergraduate

Another correlation that can be seen is the strong clustering of Tier three countries around the equator mostly within the upper African continent, for example in Libya, Sudan and Algeria. ... In contrast, there is virtually no human trafficking in the eastern northern hemisphere in the north American continent and in almost all of the southern hemisphere especially in the Australasian continent. ... Statistics around poverty help to explain the strong equatorial pattern of human trafficking with the most tier two watch list and tier three countries found in the equatorial region especially...

• Word Count: 2490
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• Grade Level: Undergraduate

Frank revolves his entire book around the idea that Europeans were only able to usurp power and influence by controlling the money supply from South America, the labor supply from Africa and the productive capacity of Asia. ... Vast and wealthy empires were in existence in both South America and Africa during this same time period and in Frank's view they had little to no influence on world economic development. ...

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With a dense population, the region houses Latino, Asian, Anglo American, and African American populations. ... Anglo American and African American populations make up about seven and almost five percent of Koreatown's population. ...

• Word Count: 1603
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• Grade Level: Undergraduate

Financial integration helps to combat health challenges: A case of Sierra Leone After the end of the civil war, Sierra Leone, the small beautiful developing nation in West Africa experience several health challenges in various forms. ... It would support the ailing economy to deal with their economic challenges in 2015 and beyond (Africa against Ebola.2015). ...

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In Latin America, the percentage of the population living in absolute poverty halved over the same period, to 10% from 20%. In Sub-Saha-ran Africa, it fell to 66% from 75%, even as the overall population swelled. " There has been improvement, but more can be done, and the best way to achieve higher standards is raising economic growth. ... A report by the African Union stated that corruption costs African economies over $148 billion a year, or 25 percent of regional GDP (Kenny 2012). ...

• Word Count: 1739
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LDC's (Least Developed Countries) are a sub-group identified by the United Nations; these economies suffer from the lowest GDP per capita levels in the world - less than $US900 per year. 34 of the 49 labeled LDC's are located in sub-Saharan Africa, and include countries such as Sierra Leone and Mozambique. ... The fact is if Africa, East Asia, South Asia and Latin America were to increase their share of world exports by 1c, the gains would lift 128 million people out of poverty. ... However, foreign aid has decreased as a result predominantly in African nations who are exper...

• Word Count: 1477
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• Grade Level: Undergraduate

Nigeria is a partially developed state in Africa. ... Nigeria is known to be the most populous state in Africa and the population is steadily increasing. ... Currently, Americans lend their support to Nigeria by increasing trade (oil), democratic solidarity, and foreign assistance. ... In June of 1996 Chief Dan Etete, Petroleum Resource Minister, transferred oil fields belonging to America to France. ...

• Word Count: 2427
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• Grade Level: Undergraduate

In Africa and Latin America, for example, the richest 5 percent of the population earn almost 25 percent of the national income, while in industrial countries they earn only 13 percent (World Politics, pg.42). ... For example, shipping a standard container from Baltimore to the Ivory Coast costs about $3,000, while sending that same container to the landlocked Central African Republic costs $13,000 (World Politics, pg.43). ...

• Word Count: 1264
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It was, as well, the only possibility for many countries to improve their economy: especially in Latin America, where Mexico just stopped refunding its debt because it couldn't pay anymore. ... For example, we can see in England and in America as well, that the differences in income between upper and lower social layers are larger than they have ever been since collection of income distribution statistics began at the end of the nineteenth century. ... Two third of the African countries depend on exportation but the problem is that their economy is usually based on one or two raw materi...

• Word Count: 6472
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• Has Bibliography
• Grade Level: Undergraduate

In Latin America, men and women do not have equal access to land even in those countries where legislation has removed gender barriers to land ownership. ... In most of (patrilineal) Africa, women are essentially temporary custodians of land passing from father to male heir, even though they may be de facto heads of household. As unpaid labourers on their husbands' land, while also cultivating separate plots in their own right, African women usually lose the rights to land following the death of their spouse. ...

• Word Count: 1735
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After Obama acknowledged "slower growth in Europe means slower growth in American jobs" and the potential impact on the 2012 presidential election, it is predicted that Obama will take great measure to take part in Europe's issues (CNN). ... The members of the G-20 are the United States, the European Union, Germany, Great Britain, France, Italy, Japan, Russia, China, Canada, Argentina, South Korea, South Africa, Mexico, Brazil, India, Indonesia, Saudi Arabia, Turkey, and Australia (CNN)....

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The affirmative presents the following definitions from the American Heritage Dictionary for the clarification of today's debate: Conflict- a state of disharmony between incompatible or antithetical persons, ideas of interests, a clash Globalization- To make global or worldwide in scope or application Sovereignty- complete independence Contention 1: Globalization helps alleviate poverty world-wide. ... From this prosperity many problems of countries across the globe can be solved, for example, as people in third world nations begin to prosper economically they can put funds towa...

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Similarly, the American stock market often rises when the unemployment rate increases. ... When international capital flows out of a country suddenly, it can precipitate a crisis, particularly if they involve sovereign debt and banking and financial system debt (E&M, 5) Norberg Contends that free movement of capital is good because: It gives people freedom to do whatever they wish with their own resources, eg, Americans can invest their pension funds wherever they wish to do so It provides businesses the liberty to seek financing in other countries Free movement of capital...

• Word Count: 2004
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Globalization is the topic of 21st century that we cannot forget to mention in political science. Our society has become interdependent with each other in many ways through things like trade, technology, culture, and immigration. In a personal level, globalization has led people to be connected thro...

• Word Count: 3315
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benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...

• Word Count: 9082
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• Grade Level: Undergraduate

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and poli...

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• Grade Level: Undergraduate

The process of economic development has been usually seen as a transformation from the rural agricultural sector to the urban manufacturing sector in developing countries. This process in the dual sectors is driven by labor transfers (migration) and capital accumulation. W. Arthur Lewis in his work on 'Economic development with unlimited supplies of labor' (1954) analyzed the labor market dualism and the structural difference between the subsistence sector and capitalistic sector in developing economies. The two sectors in the Lewis model are referred to as the subsistence and capit...

• Word Count: 4558
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• Has Bibliography
• Grade Level: Undergraduate