Nobody downloaded yet

Global Beauty Economy - Essay Example

Comments (0) Cite this document
Summary
This essay talks about the model of productive, reproductive and virtual economies at work in the global beauty industry in general and in the Quine Anos more specifically and how these economies are "intertwined" and how the participants make use of these economies as both consumers and producers…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.5% of users find it useful
Global Beauty Economy
Read TextPreview

Extract of sample "Global Beauty Economy"

Download file to see previous pages The essay "Global Beauty Economy" talks about the model of productive, reproductive and virtual economies at work in the global beauty industry in general and in the Quine Anos more specifically and how these economies are "intertwined" and how the participants make use of these economies as both consumers and producers.The reproductive services included; financial support, beauty creams, hairdressing, and clothing. For instance, Quine Anera’s sisters and cousins donated their best clothes, god fathers took care of the financial arrangements and well-wishers provided room or venue for the event. In case a needed service is not within the reach of well-wishers and family members, the event organizers have to seek for commercial reproduction services that family members of the Quine Anera have to pay or compensate later and this defines the virtual economy. According to the author, virtual economy is the exchange of virtual services for real money of physical products. For instance, Quine Anera had to pay for a beauty advice which is a virtual service. Participants in the productive economy serve as consumers to those in the reproductive economy. For instance, Parents who are in the production economy, tend to buy the services of those in the beauticians who are reproductive part of the economy. The chain between the productive and reproductive economy gives rise to virtual economy. Beauty experts and other service rendering individuals commercialize their roles into money earning-profession. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Global Beauty Economy Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Global Beauty Economy Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/macro-microeconomics/1701305-global-beauty-economy
(Global Beauty Economy Essay Example | Topics and Well Written Essays - 750 Words)
Global Beauty Economy Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/macro-microeconomics/1701305-global-beauty-economy.
“Global Beauty Economy Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/macro-microeconomics/1701305-global-beauty-economy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Global Beauty Economy

Global economy

...?Running Head: Global Economy Global Economy [Institute’s Global Economy Examine the opportunities for multinational companies to shift resources around the world and the implications of this for nation states Multinational companies (MNCs) are business giants, which find benefit in operating across the globe. Thus, they will be on the lookout for any beneficial opportunities available anywhere in the global economy (Dunning, & Lundan, pp. 12-15, 2008). Currently, it is apparent that these MNCs find benefit in shifting their production to developing countries, as companies outsource their work to...
10 Pages(2500 words)Essay

Global economy

...? GLOBAL ECONOMY by 16 January Global Economy Discuss the impact of ‘quantitative easing’ in the United s on both the domestic economy of the US and the global economy. The word combination “quantitative easing” has already become the definite feature of the contemporary economic reality. Quantitative easing seems to have become the measure of last resort, when countries, including the biggest powers, are no longer capable of restraining the rapid expansion of the financial and economic crisis. Whether quantitative easing is an effective measure of stopping deflation and encouraging lending is difficult to define. Nevertheless, the end of 2010 was marked with the U.S.’s decision to throw additional money into the domestic economy... , to...
10 Pages(2500 words)Essay

Global Economy

...PORTFOLIO OF SEMINAR WORK INTERNATIONAL PRODUCTION AND GOVERNANCE Table of Content UNIT GLOBALISATION 3 UNIT 2: IDEAS SHAPING THE GLOBAL ECONOMY 6 UNIT 3: A HISTORICAL PERSPECTIVE OF THE GLOBAL ECONOMY 9 UNIT 7: LEARNING FIRMS AND THE KNOWLEDGE ECONOMY 13 UNIT 9: WORKING IN THE GLOBAL ECONOMY 17 References 21 Nayyar's discussion on globalisation analyses the historical trend in relation to its implications for development. A picture of globalisation during the 19th and 20th century...
18 Pages(4500 words)Book Report/Review

Global Economy

..., announced that it would no longer be shipping oil to countries that had supported Israel in its war with Egypt and Syria in 1973, it triggered an international calamity known as the Oil Crisis of 1973. The Yom Kippur War – as the war between Israel and the joint forces of Egypt and Syria in 1973 is now known – inadvertently led to a global economic crisis OPEC members and Arab oil producing states used their economic leverage to embargo the West. Oil shipments to the Western world stopped and this was aimed at causing specific damage to the economies of the United States and its allies. Petrodollars, meaning money earned by Middle Eastern countries through the sale of oil to the West were re-invested...
10 Pages(2500 words)Essay

GLOBAL ECONOMY

...(Hirst 2002). The four Tigers first had a strong foreign funding especially from the USA that gave South Korea and Taiwan a strong support. It was due to its geopolitical interests in the region while the ASEAN four countries mostly depended on financial policies; government funding and remittance’s from their economies to further develop their economy. They differed in the source of funding. ASEAN 4 countries mostly relied in export of lower categories of value added goods that have slower growth like apparel clothing, organic chemicals, but have slowly grown into electronics, telecommunication equipment and machinery especially Malaysia and Philippines. It is in contrast to 4 Tiger nations that have a...
1 Pages(250 words)Essay

Global economy

...and regulation among others. Secondly, more information on the advantages and disadvantages of the race to the bottom needs to be incorporated. Thirdly, although the history of the concept has been given, this discussion is brief. More information needs to be added to make the reader fully understand the history of race to the bottom and how several scholars and researchers have defined it. Finally, the article needs to discuss deeply how international bodies such IMF and WTO have contributed and/or hindered the race to the bottom. The concepts covered in class and those relating to globalization have been partially incorporated in the article. For example, some of the key concepts covered include: free trade, working...
1 Pages(250 words)Assignment

Global Economy

...The Global Economy Introduction The global economy indicates the economy of the world which comprises of different types of economies existing in various countries and the activities taking place among the economies of such countries (Gandolfo and Trionfetti, 2013). The core idea of global economy is derived from the concept of globalization that facilitates international trade and economic activities in such a way that economic occurrence of one country is bound to influence the condition of world economics (Dunning and Lundan, 2008). In this paper, two questions arising...
8 Pages(2000 words)Essay

Global Economy

...ID Number: Global Economy Question Dani Rodrik is considered to be a well-known critic in context of international order. His views are centered towards holding on currency value when financial capital position is not strong. Dani Rodrik stated that those countries are rich in terms of capitalism who has erected a wide range of formal institutions. There exist third party enforcements where rules are set by governmental apparatus. He outlined that an economic development is dependent on its maximum share of resources which belongs to public sector. Dani Rodrik clearly states that economic position is enhanced through entering into international markets and taking pre-emptive measures in context of...
10 Pages(2500 words)Case Study

Global Economy

...Message from ***dear client, this is not yet the final paper. I’m just polishing the last two pages and checking the references and in-text citations. I will upload the finalized paper in 1-2 hours. kindly ignore the completed status of your order. Thanks! Discuss the impacts of globalization, neoliberalism, and internationalization in global sustainable development Globalisation is a force of innovation, expansion, and development in the market. It has a tendency to boost resource utilisation with all the economies focusing on the production of goods for which their human and natural resources are best suited for. It results in a decrease of costs, national development, rise in...
12 Pages(3000 words)Essay

Global Economy

...GLOBAL ECONOMY: BRETTON WOODS Table of Contents Table of Contents 2 Introduction 3 Criticisms against Bretton Wood s: 3 Importance of Bretton Wood institutions: 6 TRIPS and Bretton Wood institutions: 8 Conclusion: 10 Reference List 11 Introduction The financial structure of the global economy is monitored by Bretton Wood organisations. The Bretton Wood organisations were formed in the year 1944 in order to manage the chaotic situation of the international economy after the World War II. The Bretton Wood organisations were mainly focused on developing a common platform for the nations of the world in order to facilitate international trade and commerce...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Global Beauty Economy for FREE!

Contact Us