Political and economic developments - Essay Example

Comments (0) Cite this document
Political and Economic Developments Name: Institution: The United States of America is arguable the world’s most democratic state. Besides, it is an economic powerhouse. The strong American economy is as a result of several factors. However, the most important factor which leads to the success of the country is its political stability…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Political and economic developments
Read TextPreview

Extract of sample "Political and economic developments"

Download file to see previous pages The American political scene has for a long time been dominated by two major political parties despite the constitution allowing the existence of as many parties as the citizens would deem fit. These two parties are the Democratic Party and the Republican Party. These two parties differ in policies and fundamental political ideologies. However, having only two political parties is a show of political maturity. This has contributed to the country’s economic prosperity. With the attainment of independence of most countries, the notion of self rule brought with it the possibilities of the countries liberating their citizenry from poverty and even bad governance. This new system of self governance took a myriad of forms with most of the colonies taking after their colonial masters (Michael & John, 2000). This made early European civilization receive much acknowledgement. Most of these types of governance were based on democracy which is a system that allows the populace the authority to elect their leaders. According to varying preferences, some countries opted for the presidential system in which the president would be directly elected by the populace. The United States is a classical example of this kind of governance. Others opted for a parliamentarian system in which the elected legislatures elect the president. ...
Factors that lead to the creations of these nations differ; these are such basic factors as the size of the country, the population size, the religious beliefs of the populace, and multiple others. These are responsible for the formulation of the laws that the legislators deem relevant. What is of relevance in one region is never relevant tin another. The relativity in legal relevance thus explains the difference in regional legislations. The economic growth of a country is determined by a number of factors. Most of these factors are politically instigated. A country that is politically stable like the United States attracts investors. With investors coming to such demography’s, the implication would imminent economic progress (Hill, 2010). The American currency The dollar is the most traded currency globally. This is a clear show of how strong the country’s economy is. The strong economy is sustained by fundamental economic concepts which suit its economy as well as populace. There are deliberate moves made by the American government to sustain its economy and safeguards its interests in the world market. These are highlighted in the proceeding part. The American economy has over the years projected manageable rates of inflation due to sound financial policies. This implies a strong economic prospect for the country. Furthermore, this also ensures that the currency retains a strong presence in the financial markets globally. The second factor that has led to the strong currency is the high interest rates that characterize the country’s banking and lending sector. When interest rates are high, the market becomes attractive to investors who would in turn take part in the investments in the securities such as bonds (Stefan, Christopher & Jochen, 2008). This ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Political and economic developments Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/management/1398377-see-order-instruction
(Political and Economic Developments Essay Example | Topics and Well Written Essays - 1000 Words)
“Political and Economic Developments Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1398377-see-order-instruction.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Political and economic developments

Political and Economical Developments in Asian Systems

...?Political and Economical Developments in Asian Systems How Political Systems Differ: Political system which consists of mainly certain interest group such as political parties , social organizations , political activists and the rules and regulations in which these institutions are designed to function. Political system differs from nation to nation depending on the factors such as colonization, elements of pride in nation and wealth situation of the nation. There are several forms of system such as socialism wherein the majority of the wealth of nation is owned by the state, where as in case of...
2 Pages(500 words)Essay

The political and economic foreign policy developments of the United States in the 19th century

...?Political and Economic Foreign Policy Developments of the United s in the 19th Century American foreign policy in the 19th century is illustrated as one that abstained from political and economic relations with other countries, as evidenced in the period between 1939 and 1942. Proponents of isolationism sought to preserve the freedom of action of the United States while maintaining cultural and economic interactions with other countries. As such, this led to the adoption of the isolationist doctrine that was precipitated by America's avoidance of the war in Europe.1 This policy highlighted the unwillingness of the United States to use...
4 Pages(1000 words)Essay

The political and economic foreign policy developments of the United States in the 19th century from the idea of Manifest Destin

...resources. The public does not benefit from the war as they only shoulder the excessive bills incurred during the war, and this was felt through economic instabilities, depression and increased taxation. Edward Bernays developed what was known as the “engineering of consent” defined as the scientific process of prompting and working up public opinion, and during World War I, as member of the U.S. Committee on Public Information or CPI in what has been known as the Creel Commission, he helped formulate an ideology that they sold to the American citizen the war as one that would “Make the World Safe for Democracy”. Referring to “the new propaganda” Bernays discusses the rise of power for the common people,...
5 Pages(1250 words)Research Paper

Summarize the political, economic, and social developments from 1763 to 1775 that led to the war between the American colonies and England

...Introduction The several years before the outbreak of American Revolution, the Great Britain and America have reached the point when the political ties have been already destroyed. While analyzing the years from 1863 to 1775 it is vital to take into account all factors such as political, economic and social developments which all together have led to the revolution. The first important event was the introduction of the Currency Act of 1764 which was beneficial for the colonies. Further the question about securing the borders of the American colonies came into question when the British administration has sent troops to American land. The annihilation of the Stamp Act...
5 Pages(1250 words)Essay

Political and Economic Transition

...Q. What actions can companies and governments take to ensure that products are not easily pirated? A. Piracy is one of the major concerns faced by producers of different kinds of products throughout the world. Anti-piracy measures need to be taken to prevent issues like copyright infringement, counterfeiting and violation of intellectual property. Even though such measures are difficult to impose and not really effective, I still believe each and everything possible should be done to counter the menace of piracy. Patents, for instance can be used to get a right to the sole production of a good, a right to a particular production process or some invention. They are usually granted by the government to the maker of a product... What actions can ...
2 Pages(500 words)Essay

2. Discuss the ways in which specific historical developments (i.e. wars, revolutions, political struggles, and economic hardship) in Europe and Africa shaped the course of history in the original 13 colonies from their foundations down to 1763

..., Great Britain attacked French colonies in North America, the Caribbean, Africa and India, where it emerged victorious particularly in India and North America. Britain also overpowered Spain in Florida. And so, with the resounding success of Great Britain, Northern America became the New England greatly populated by Englanders. (Purdy 1) Since those interested to move to America are those religiously and politically persecuted and economically disadvantaged, only few could finance their voyage to America. Most came to America as indentured servants transported by ship’s captains who practically sold them to colonies. Others settled in America at the expense of colonizing agencies, for example, the...
1 Pages(250 words)Essay

Political and Economic Factors, than influence ICT Developments in Greece

...Political and economic factors in Greece Economic factors The economy of the world exudes deep influences from developments in ICT. This is evident as indicated by the fact that every contemporary business in the world focuses on the integration if ICT in order to obtain some of the benefits that they offer. Greece, which is one of the member countries in the European Union, is trying to exploit some of the considerations of exploiting some of the possibilities of economic growth through ICT developments (Fleenor and Raven, 2000, 33). The main reason for exploiting the possibilities is for the utilization of ICT in creating a suitable environment for the improvement of its economy. It is possible to take note of the fact... to operate within...
2 Pages(500 words)Assignment

You are asked to analyse current developments in Canadian cultural, political and economic business environment impacting investment plans of a German-based luxury car manufacturer

...Canada’s Political, Economic and Cultural Environment: Impact on Audi Canada is one of the largest economies in the world, the 11th largest to be precise. This degree of economic stability makes it a prime location for all types of businesses. Canada also has a very large market that is supportive of various investments. In recent times, automakers have identified the country as an ideal investment location; a location that encourages foreign investment as much as possible. German luxury automakers have not been left behind by this development. Audi, the firm selected for this paper, considers the Canadian market to be as important as the United States consumer market....
11 Pages(2750 words)Essay

Evaluation of an Argument

4 Pages(1000 words)Essay

Enlightenment and Scientific Revolution in 18th Century Europe

...Enlightenment and Scientific Revolution in 18th Century Europe Introduction The seventeenth and eighteenth centuries in Europe were filled with a wave of progressive and positive philosophies. This thinking spread fast in the whole continent, originating from the idea of secular progress and the rise of modernism. This was derived from the cultural, political, and economic developments that were experienced at the time. Although this revolution challenged the dominance of the status quo on the views that were traditionally held, it provided a new approach to facing the future. The positive philosophies arose from some of the revolutions that had already occurred[Lip13]. They presented a...
3 Pages(750 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 Political and economic developments for FREE!

Contact Us