Essay On Real Economy

1381 Words6 Pages
The Real Economy in the Long Run
In today’s world, most of us are looking to see what is trending, what is not, and what that actually means for businesses and major corporations. In a sense, it could mean that collaboration needs to be managed better with special marketing teams or major PR companies to response to growing public demand and wants, or other factors could actually be at play. One company that has major influence in both our corporate and political sphere is Microsoft. Microsoft has been in business for years and they make sure that they are showing the world either by internet, television or ads on social media of what type of technology they have out there and what it could do. They also are not considered amateurs when it
…show more content…
Most countries have their own set of rules, rules that later can become policies and may be put into place to ensure and endorse the well-being of the country. (Corrigan & Di Battista, 2015) India’s “economy has been one of the largest contributors to global growth over the last decade, accounting for about 10% of the world’s increase in economic activity since 2005, while GDP per capita in purchasing power parity (PPP) terms is today three times as high as in 2000.” However, contributing to growth is not necessarily an advantage to a country. India continues to have the largest number of poor in the world, approximately 300 million are in extreme poverty and is one of the largest and youngest population in the world. In order for India to have a more resilient future, it must better focus on better education, focus on female participation in the labor force, and ensure decent living conditions for the vast majority of its citizens.
A” financial system consists of the institutions that help to match one person's saving with another person's investment”. (Mankiw, 2014, p. 260) It is important to have a financial system because it keeps institutions on track by allowing them to follow a specific order to allow them to coordinate those who borrow and save. Hence, it is important to save because saving and investing allow a longer growth in the economy. For
Get Access