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How Marketing is Changing – A Challenging Economy Gives Rise to New Strategies

Leave a Comment / Economic / June 4, 2023

How Marketing is Changing How Marketing is Changing – A Challenging Economy Gives Rise to New Strategies Thirty-five years is a long time. That’s how long I’ve been running my company, Mid-Hudson Marketing. It’s enough time to have seen all kinds of economic climates. Luckily, throughout every one, marketing has continued to provide a prosperous […]

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Tough Economy – Increase Profitability by Boosting Your Investment in Continuous Improvement

Leave a Comment / Economic / June 4, 2023

Tough Economy Tough Economy – Increase Profitability by Boosting Your Investment in Continuous Improvement It never fails. As soon as the economy takes a downward turn and annual revenue projections are lowered, the first place, after lowering headcount projections, companies search to reduce operating cost is employee development initiatives. I can’t tell you how often

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Causal Relationship Between Saffron Exports and Agricultural Gdp

Leave a Comment / Economic / May 30, 2023

Causal Relationship Between Saffron Exports and Agricultural Gdp There is a causal relationship between exports and agriculture gross domestic product (GDP) reflecting the long-run association between the two. The relationship between international trade and economic growth has always caught the attention of economists. The rise in GDP is always desired by economies (Shombe, 2005). Export-led

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The Economy, Credit and Trickle Down Economics (The Ripple Effect)

Leave a Comment / Economic / May 28, 2023

The Economy, Credit and Trickle Down Economics (The Ripple Effect) When people spend money, someone is effected. If you spend one dollar or one million, spending of money creates cash flow, cash flow creates jobs. The economy is driven by the exchange of goods and services and the movement of money. Even money is a

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Mutually Beneficial Voluntary Transactions in a Free Market Economy

Leave a Comment / Economic / May 28, 2023

Mutually Beneficial Voluntary Transactions in a Free Market Economy If you’ve taken any form of economics course, you have probably heard the phrase mutually beneficial voluntary transactions. As I will continue to say, however, you don’t need a degree in economics to understand its principles. Essentially they are the foundation of a free market economy.

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Economic systems: 5 Factors of Production

Leave a Comment / Economic / May 27, 2023

Economic systems: 5 Factors of Production Economic systems rely on certain inputs to operate effectively. Collectively, these inputs are called the factors of production. They are the resources businesses use to create wealth. There are five factors of production: land, labour, capital, entrepreneurship, and knowledge. While knowledge is as old as humankind, it is only

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The Negative Economic Effects of the Coronavirus Pandemic

Leave a Comment / Economic / May 17, 2023

The Negative Economic Effects of the Coronavirus Pandemic The negative Economic after-effects of the Coronavirus Pandemic is resulting in huge financial struggles, that could potentially be worse than the Great Depression of 1929. Covid-19 is wreaking absolute havoc on a global scale with millions of people under forced lockdown, and businesses going bankrupt. The following

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Consumer Credit Scores Continue To Drop During The Current Economic Downturn

Leave a Comment / Economic / April 16, 2023

Consumer Credit Scores Continue To Drop During The Current Economic Downturn   The current economic downturn has had a significant impact on consumer credit scores, with many Americans seeing their scores drop in recent months. According to a recent report by the credit reporting agency Experian, the average credit score in the United States dropped

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