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Global Meltdown
One of the major problems of complete deregulation and lack of government interference in the working of the private sector leads to massive risk taking which more often than not leads to disastrous consequences. Reason for the meltdown – This is exactly what happened in the later part of the first decade of the 21st century, private banks without any proper supervision of risk and no interference from the public sector were lured into taking massive risks.
What Happened to US?Karl Marx had it wrong. Stuff, not religion, is the opiate of the masses.
The Benefits and Problems Associated With an Open EconomyTrade in some form of the other has been an integral economic activity for quite some time now. In ancient days trade in a very primitive form used to take place between the various civilisations. Trade in modern world – In today’s globalised world trade has become an activity of day-to-day life.
Keynesian EconomicsThe British economist John Maynard Keynes formed a macroeconomic thought via which he suggested that decisions in the private sector more often than not lead to inefficient macroeconomic outcomes. Thereby he stated that the role of the public sector in the governance of the economy through stable monetary and fiscal policy is necessary.
The Market Fluctuation Brings Challenges to Photovoltaic CorporationsThis article talks about the photovoltaic market which is developing rapid this year. The author describes the challenges for the corporations when the market is fluctuating.