Here is the synopsis of our sample research paper on Factors that Impact on the Level of Economic Prosperity. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 4 page paper is written in 3 parts. The first part of the paper discusses the factors which may help to influence economic prosperity such as low interest rates economic stability and an educated workforce, the second part of the paper looks at the factors which may be associated with decline, such as unemployment, inflation and poor social conditions. The last part of the paper considers the best approach for a government that wants to stimulate growth. The bibliography cites 5 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEfactpros.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
are likely to encourage or aid economic prosperity and others which are likely to cause friction and decline. By understanding these there may be a better understanding of macroeconomics.
2. Factors associated with prosperity There are a number of factors which will promote economic prosperity, some of these may be manipulated and other that are not as easily managed.
There are short term influences that are well known for being able to encourage prosperity in an economy; these include low interest rates and low taxes. These are measures that
will facilitate higher levels of disposable income by the consumers and business in the economy, which can increase the aggregate demand, If the aggregate demand increases, as long as it
does not increase too rapidly, there will need to be increased output that will see more demand for jobs and as such increase the level of income and as such
increase demand further (Nellis and Parker, 2000). However, this is not a factor that acts alone. There also need to be other factors present for the positive cycle to
be created. There needs to be a good level of consumer confidence. If there is not confidence then even where there is a high level of disposable income there may
be caution on the part of the consumers and they will save rather than spend the money (Nellis and Parker, 2000). Saving is needed as it creates further funds for
banks and other financial institutions to lend and supports credit creation, but cautious consumers who are not confident of the future of the economy are unlikely to spend and then
the demand will drop off, as demand drops there will be the need for employer to cut back on production. Therefore, consumer confidence is also important. So is investor importance;
...