factors of production

Changing the Economy With the Buying Power of African-Americans

Changing the Economy With the Buying Power of African-Americans In an article earlier this year in Brand Week, Pepper Miller, founder of the Hunter-Miller Group, a research and consulting firm specializing in marketing to African-Americans, stated that self-segregation exists in the social media space, and has a huge impact on advertisers. “You really have to

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How Emerging Technologies Are Shaping the Future of The Global Economy

How Emerging Technologies Are Shaping the Future of The Global Economy The world is on the cusp of a digital revolution, with innovation disrupting the way we do everything, from using appliances and gadgets to performing financial transactions. New Asset Classes The digital economy is growing at a fast rate all over the world. The

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Cell Phones Driving the Economy in Developing Countries

Cell Phones Driving the Economy in Developing Countries Cell phones are an important contributor to the world economy, as well as developing countries. Prior to technological advances like cell phones, and other wireless communication devices and technologies, the rate at which countries develop were much slower than now. Infrastructure is a fortifying element to developing

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Causal Relationship Between Saffron Exports and Agricultural Gdp

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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