Consumer spending

however, the “Golden Age of Capitalism” would abruptly end at the onset of the seventies with a variety of factors contributing to economic downturn. The lengthy expansion during the sixties was brought to end due to rising inflation, with the annual consumer price inflation up to six percent

Through careful research of government statistics, media outlets, and private individuals, it can be concluded that there are 3 main indicators that can predict and diagnose an economic situation. These main indicators, Gross Domestic Product, Consumer Price Index, and Standard and Poor’s 500 Index, each have a direct correlation to overall economic vitality. This report outlines each of the 3 indicators and provides an economic projection based on historical data. Gross Domestic Product A Lagging

incomes for workers experienced slow growth from the beginning of the 1990’s to the present day in Japan. This has impacted savings rate as a large portion of the population do not have the finances to save effectively. This would account for low consumer spending regardless of the low saving rates. Reductions in labour productivity and issues with corporate competitiveness are two main factors behind this reduction in real incomes. Part B a) Real GDP Equation: Y=C+I+G+X-M Y=C+I+G+NX Household Consumption:

rental income, interest income, and profits earned by households in a year. What is spent on a product is the income to those who helped to produce it and sell it. The expenditure approach, on the other hand, totals consumption, investment, government spending, and net exports produced by a country in a year. The first component of the GDP is consumption. It includes all private and public consumption, government outlays, investments, and exports minus imports that occur within a defined territory. Is

they enact tax cuts and spending increases to please voters even though this may fuel inflation. After the election, they apply the brakes to restrain inflation; the economy will slow and unemployment will rise. In this view the political process creates economic instability. A decrease in tax rates might be enacted to stimulate consumer spending. If households receive the tax cut but expect it to be reversed in the near future, they may hesitate to increase their spending. Believing that tax rates

Economic Minimalism Dictionary.com defines economics as “the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind”. With that definition and the common sense knowledge that a healthy economy equals growth of a nation, we might assume that also means happiness, but that is not usually the case. Most people have grown up thinking the ideal life will be one of excess and consumption. That attaining more in life such as financial

Introduction This report investigates the smartphone industry in the United Kingdom and Germany between 2007 to 2015. I will identify which country is performing the best for the industry and will make a recommendation on which country the business start-up in. I will consider the industry by comparing the companies with the country’s market and state which one had done better. I will explain which PESTL factors influenced the industry for both countries and will explain why the economic recession

change in consumers’ behaviors after the crash, the failure of fiscal and monetary policy to prevent and respond to the economic downturn, and etc. It is precisely the difference in their opinions regarding the implications of the stock market crash that prevents a consensus among them. Even though all economists might have opinions that are slightly different from others’, the explanations can generally be classified into two mainstream hypotheses. The first hypothesis is the spending hypothesis

or even an increase of the standard of living. The money spent is counted in GDP as government expenditure: C+G+I+(X-I)= GDP. The G is government spending. This is counted generally as it is normally used to improve the country as a whole. The more money spent means that the government has more money to use. However it is only true government spending if it helps improve the standard of living. This does not therefore show true economic growth. The last reason has two parts. The first is population

COUNTRY ANALYSIS REPORT United Kingdom In-depth PESTLE Insights Publication Date: May 2010 OVERVIEW Catalyst This profile analyzes the political, economic, social, technological, legal and environmental structure in the United Kingdom. Each of the PESTLE factors is explored on four parameters: current strengths, current challenges, future prospects and future risks. Summary Key findings Strong democratic system, but the threat from terrorism continues to be high The UK adheres to a