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The Origins Of The Great Depression

... “A must-have of the future.” Due to all the demands for more of these gidgets and gizmos of the future, business used their profits to expand to accommodate the consumer. During the period from 1919 to 1929, manufacturing increased 64%. Under the presidents Harding, Coolidge, and Hoover, Americans practiced the policy of laissez-fair. This deceitful, yet widely praised policy was followed, and allowed the economy to go on without the government interrupting or regulating it in any way. The belief that came from this policy was that t ...

Number of words: 611 | Number of pages: 3

The History Of General Motors

... turned from plumbing to making engines and went into business as an automobile manufacturer. By 1903, though, his Buick Motor Company was in financial trouble. In an effort to locate new investors, he dispatched Buick engineer Walter Marr to the little town of Flint, Michigan, to see if he could persuade the partners of a prosperous carriage and wagon maker there to take a stake in the company. While one of the carriage-makers went for a ride with Marr in his car and immediately learned to drive it himself, the other partner, Billy Durant, ...

Number of words: 3658 | Number of pages: 14

U.S Monetary Policy In 1995

... During the Summer and Fall of 1995, the economy experienced a strengthening of aggregate demand growth. According to Greenspan, this increase in aggregate demand brought finished goods inventories and sales into near equilibrium. The Fed's fine tuning of the economy seemed to be paying off. Greenspan had a positive outlook for the economy for the rest of 1995. He states "the economy, as hoped has moved onto a trajectory that could be maintained--one less steep than in 1994, when the rate of growth was clearly unsustainable, b ...

Number of words: 1368 | Number of pages: 5

Current Grading Systems Are Inadequate

... of getting satisfactory grades and abusing them. I find that I don't work as hard to achieve the better grade because in the end whether I get a 95 or a 75 it is all at least satisfactory by some ones standards. This laxness in grading has allowed me to flounder all throughout my academic career so far without having to put forth any effort on my part. When a student receives a grade from one of their teachers a lot of times they get a number grade saying that they received a certain percentage of credit for an assignment. If a ...

Number of words: 705 | Number of pages: 3

Managing The Transition From Maturity To Decline: Diamond Power Corporation

... did not become fierce until World War II, when the soot blower became a major commodity used by the U.S. Navy to clean boilers on board its ships. At this point, the soot blower industry became a seller's market and the need for strategy (both corporate and business) became a necessity for growth and survival. Diamond Power's main mission at its beginning, to produce soot blowers that would efficiently clean the inside of boiler as it continued working, basically stayed the same up until the addition of competition into the market. At thi ...

Number of words: 1659 | Number of pages: 7

Government Spending & Budget

... 2002, with a projected 7 year tax cut of $245 billion. If this plan were implemented, in the year 2002, the U.S. Government would have the first balanced budget since 1969. There is doubt by citizens that a balanced budget will become reality. A recent Gallop Poll from January, 1996 showed the budget as the #1 concern among taxpayers, but 4/5 of those interviewed said they doubt the GOP will do the job (Holding 14). Meanwhile, an ABC poll from November reported that over 70% of those polled disapprove of the current performance by ...

Number of words: 2618 | Number of pages: 10

The Team V.s. The CEO

... new way of the future will not be the power driven CEO, but a collaboration of co-workers working together on a team. Yes, a team. He talks about how chaotic the business world is becoming today, with such large and demanding companies. He believes that there is no way that the CEO's of the past can keep up with such large companies. It is really a pretty simple concept. Five people are going to be more productive than one person is. He uses a metaphor in the article about how one bee is a nuisance, but a swarm is deadly. With the idea ...

Number of words: 509 | Number of pages: 2

A Financial Evaluation Of General Electric Corporation

... Directed Study Project will constitute my own work product. Where the language of another is set forth, quotation marks will so indicate. Appropriate credit will be given where I have used language, ideas, expressions, or writing of another. Introduction While contemplating which company to choose for the project of an evaluation of a company, there were many companies to choose. I had recently begun to invest in the stock market, unfortunately with minimal education and understanding of the ways to evaluate a company and its ...

Number of words: 1529 | Number of pages: 6

Import Substitution

... restrictions which either limit or completely exclude competition from their imports. Protection like that - high protection - discriminates against exports through the explicit/implicit taxation of the export activities. Explicit taxation can take the form of export taxes whereas implicit taxation occurs as a result of the effects of protection on the exchange rate. As your protection level increases, your exchange rate level will decrease in order to ensure the necessary equilibrium of the balance of payments and the lower the amount of ...

Number of words: 580 | Number of pages: 3

Montgomery Ward & Co.

... merchandise by direct mail. He founded the company (and the catalog industry) in 1872, by distributing a single sheet catalog listing 163 items. Ward was the first to introduce the "Satisfaction Guaranteed or Your Money Back" policy in the Montgomery Ward 1875 catalog, with his innovative promise to refund the purchase price to any customers dissatisfied with their purchases. The first freestanding retail store opened in Plymouth, Indiana in 1926. From then until now, Wards has grown to operate almost 400 stores throughout the United Sta ...

Number of words: 1670 | Number of pages: 7

A Study Of The Market Reforms In Post-Communist Eastern Europe With A Specific Case Study Of Poland

... in order to survive? This is due to some inherent problems in the command economy idea. Monopolies (in a command economy) tend to produce inefficiency, low quality goods, lack of innovation and technological improvement. Command economies tend to focus on growth rather than strength leading to larger production and an evan. worse use of available resources. The 1980's marked a change in world markets meant that the communist economies were faced with four challenges that would, if met, have meant the continuation of the USSR. Resource ...

Number of words: 3467 | Number of pages: 13

History Of The World Bank

... for Reconstruction and Development), 2. EDI (Economic Development Institute), 3. IFC (International Finance Corporation), 4. IDA (International Development Association), 5. MIGA (Multilateral Investment Guarantee Agency) and 6. ICSID (International Center for Settlement of Investment Disputes). The IBRD was created in 1946 for two purposes: the reconstruction of Europe after WWII and for investment in the developing world. The initial priority (reconstruction of Europe), ends in 1955 and all lending to Europe ends in 1967 and doesn' ...

Number of words: 1190 | Number of pages: 5

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