Economic issues illustration

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Globalization - some definitions Jan Aart Scholte (2000: 15-17) has argued that at least five broad definitions of 'globalization' Globalization as internationalization. Here globalization is viewed 'as simply another adjective to describe cross-border relations between countries'. It describes the growth in international exchange and interdependence. With growing flows of trade and capital investment there is the possibility of moving beyond an inter-national economy, (where 'the principle…

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The History of Money illustrations for Level Chinese.

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Financial Sector Induced Systemic Instability of Economy

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Isometric Economy Partner Business Vector Illustration

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Explore a diverse range of articles in the YES! Media archive. From justice to sustainability, discover insightful perspectives on shaping a better world. #YESMedia

Inflation Threatens Middle-Class Stability, Experts Warn https://www.blogherald.com/news/inflation-threatens-middle-class-stability-experts-warn/ #blogging #personalbrand

The economy, birthed from producations, trades and consumtion, is a product of relationships. These relationship enhance power dynamics typically measured by GDP. Currently, the US is the new world's economic power. In an attempt to rule over the economy, the sanctions from the UN onto Iraq turned an enriched country with highly literate and college educated population with an extensive middle class to a country where the government turned to rationing food, diseases, death, chaos.

“The curious task of economics is to illustrate to men how little they really know about what they imagine they can design.” FA Hayek

A mixed economy is an economic system in which economic activity is directed by a mixture of private firms and the government.

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