Eu Countries And Gcc Countries - 1721 Words

Executive Summary EU countries and GCC countries have high economic openness level so they are OCA in terms of openness. Although the GCC has low level on intra-regional trade, the fixed exchange rage regime still be the optimal policy due to the fact that the main export commodity is oil in GCC countries, they do not need to adjust exchange rate between GCC countries due to their exchange rate fixed to the dollar which is the official currency in oil transaction. EU countries is not OCA in terms of labor mobility because the labor movement is not free. However, currently GCC countries are a OCA in the criteria of labor mobility because expatriates account large percentage in their labor force. In the long term, GCC countries with high population growth rate will be challenged in the labor mobility if they make the employment localization. GCC is not ready to be a single currency union and need more preparations. GCC countries is an OCA because they have a high level of economic integration which is based on the rich oil resource. In the future, when the oil and gas endowment exhaust, GCC should achieve economic diversification and low inflation consistency to satisfy the requirements to be an OCA. Countries with high openness level can fix their exchange rates and establish OCA to balance external payments. McKinnon believes that openness influences the choice of exchange rate regime. Real depreciation in a high economic open country will lead to inflation, theShow MoreRelatedThe High Level Of Openness And Labor Mobility1642 Words   |  7 Pagesoptimal currency area (OCA). EU and GCC countries are OCA in terms of openness because they have high economic openness level. Although the GCC has a low level of intra-regional trade, the fixed exchange rate regime still is the optimal due to the fact that the main export commodity is oil for GCC countries, they do not need to adjust the exchange rate between GCC countries due to their exchange rate fixed to the dollar which is the official currency of oil transaction. The EU is not OCA in terms of laborRead MoreDifferences Between Qatar And Yemen1438 Words   |  6 Pagesbackground of both Qatar and Yemen. These factors are essen tial in the differing discussions of global and regional trade in both countries. Current levels of openness to international trade reflect the history and development of each country. This information is analyzed in the context of global and regional trade after the creation of the WTO. This section examines the countries’ participation in the GATT as well as WTO accession and participation. Participation in bilateral and regional agreementsRead MoreThe Impact Of Tax Structure Of The United Arab Emirates945 Words   |  4 Pagesthe recent fuel price deregulation reforms, Younis Haji Al Khouri, undersecretary at the UAE Ministry of Finance, revealed earlier this week that the GCC states have agreed on key issues for implementing VAT in the region. The International Monetary Fund (IMF), among other international bodies, has been advising the UAE and the rest of the GCC countries to introduce taxation among several options for the government to strengthen their revenue base in order to minimize dependence on the fluctuatingRead MoreReport on the United Arab Emirates Essay1249 Words   |  5 PagesMiddle East and has been a member of the World Trade Organization since 1995 and the Gulf Cooperation Council (GCC) since 1981. UAE participates in a wide range of GCC activities that include economic issues, development of common policies covering trade, investment, banking and financing, and transportation. Currently the GCC countries are negotiating a free trade agreement (FTA) with the EU and the UAE continuing with its strengthening of its economic plans is negotiating an FTA with the United StatesRead MoreTypes Of Poor Quality Medicines1456 Words   |  6 Pagesgeneralizations about the epidemiology of poor quality medicines(Ca udron et al., 2008; WHO, 2005). Counterfeits of most commonly used essential medicines have been described, with a recent review describing 206 cases of counterfeit anti infective from 38 countries.(Paul N. Newton et al., 2006). Of 771 reports of counterfeit medicines received by the WHO from 1982 to 1999, 48% were from the western pacific region , with most being labelled as inti-infectives.(Wondemagegnehu, 1999). Substandard products haveRead MoreTrade Blocks And Its Effects On Business And People Of Mexico1648 Words   |  7 PagesTrade blocks (for example, EU) also help countries in importing from other member countries freely or cheaply while restricting imports from non-member countries. European Economic Community developed custom union (1957-1992) and common market (1992) for allowing freedom of factor flows and developing a common set of external barriers. Additionally, NAFTA (North American Free Trade Association) including US, Canada and Mexico was founded to remove trade barriers that had significant impact on businessRead MoreEconomic Growth Performance Of Mena Countries Essay1759 Words   |  8 Pages1.3 ECONOMIC GROWTH PERFORMANCE IN MENA COUNTRIES In 1960’s, 1970’s and the first half of the 1980’s the growth performance of MENA region is relatively good, that is due to the high energy export prices. Especially in the early 1970s, growth and development indicators in the MENA region improved rapidly, following the rises in petroleum prices. As the sudden increase in investment and growth rates in the oil-exporting countries moved to the rest of the region through increases in worker transfersRead MoreFAMILY AND DEMOGRAPHIC CHANGE: To what extent does the global ageing of a country affect the1800 Words   |  8 PagesFAMILY AND DEMOGRAPHIC CHANGE: To what extent does the global ageing of a country affect the economy? Reformat the front page! Introduction: Reasons for choosing this topic: I chose this topic because I feel that the present generation runs on the basic principles of economics. One of the major problems being faced today is due to the global recession which took place in 2009. There were many factors which contributed to the recession; one of the minor problems was due to the gradual increase inRead MoreCase Study4958 Words   |  20 PagesEmployment Salary Trends in the Gulf 1 Executive Summary Despite the slump in oil prices and conflicts in neighbouring countries, the Gulf region continues to enjoy a stable pace of economic growth, with most firms maintaining employment levels or increasing headcount. Most governments have so far used their large reserves to keep spending and investment plans at previous levels. from absorbing this pool of talent. Pay rises across the region averaged 6.7% in 2014, the highestRead MoreInternational Conference On Harmonization Of Technical Requirements For Registration Of Pharmaceuticals For Human Use3065 Words   |  13 Pagesor diagnosis of diseases. Therefore, in contrast to chemical agents, drugs are intended as beneficial substances for treating diseases and maintaining health†(Derendorf, 1995) In Europe, the term is medicinal product, and it is defined by EU law as: any substance or combination of substances presented as having properties for treating or preventing disease in human beings; or â€Å" Any substance or combination of substances which may be used in or administered to human beings either with

Youth Unemployment in Nigeria - 2476 Words

INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154, 729,000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1,4011. Nigeria also has the second largest economy in Africa . If I may ask, is this country not blessed? Yet, it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and the private sector had discussed this issue at forums and conferences but have not found a solution to it. Its continued existence had been linked to lack of power supply and financial empowerment for youths. Youth unemployment in Nigeria is mostly referred to as graduate†¦show more content†¦- No knowledge is lost. Knowledge gained from workshops and seminars could be used by participants at any point of their lives. - It is better done than said. Things look easy when they are said but it is only when we make moves to actualize them that we realize their complexities, the constraints involved and the possible outcomes. MY PERSONAL PROJECTS - WHAT HOPE FOR THE PHYSICALLY CHALLENGED YOUTHS? The physically challenged account for about 5% of Africans (1% of Africans are blind)6 and Nigeria as well as her youths are not left out. For this reason, I visited the closest HANDEF (Handicapped Education Foundation) centre to my university and I learnt that most of the challenges they face are rejection and deprivation, and these have a psychological effect on them. No wonder, most of them end up on the street begging. The government is working hard to solve this problem with four schools already in place in the state that trains them up to the university level. From my observation, little results had been achieved from these great efforts, because I have not seen any physically challenged person working in a bank or even in a government institution like the post office. The sad part of the story is that most of these physically challenged people are youths. PRACTICAL SOLUTIONS I think the youths, the government and the private sector should be involved in solving this problem.Show MoreRelatedYouth Unemployment in Nigeria1200 Words   |  5 PagesYouth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154, 729,000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1, 4011. Nigeria also has the second largest economy in Africa. If I may ask, is this country not blessed? Yet, it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government andRead MoreYouth Unemployment in Nigeria4294 Words   |  18 PagesYOUTH UNEMPLOY MENT IN NIGERIA SOLVING THE PROBLEMS FROM THE ROOT SOLVING THE PROBLEMS FROM THE ROOT TABLE OF CONTENTS âÅ"“ ABSTRACT âÅ"“ INTRODUCTION âÅ"“ THE EFFECTS OF YOUTH UNEMPLOYMENT IN NIGERIA âÅ"“ CAUSES OF YOUTH UNEMPLOYMENT âÅ"“ LIFE INVESTORS FOUNDATION: INTRODUCTION âÅ"“ THE WORK PLAN †¢ ENTERPRISES †¢ WORK STUDY †¢ RESEARCH ACADEMY âÅ"“ OTHER STRATEGIES †¢ ANTICORRUPTION TEAM †¢ COLLATERAL BOARD †¢ RESOURCE AND INFORMATION CENTRERead MoreYouth Unemployment and Implication for Political Stability in Nigeria (1999-2011)2162 Words   |  9 PagesYOUTH UNEMPLOYMENT AND IMPLICATION FOR POLITICAL STABILITY IN NIGERIA (1999-2011) YOUTH UNEMPLOYMENT AND IMPLICATION FOR POLITICAL STABILITY IN NIGERIA (1999-2011) CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY In Nigeria, civil rule has been restored for over a decades ago, which has given people so much hopes and expectations for political stability to enjoy the value of democratic rule. For instance, it is assumed that with democracy, people wouldRead MoreRelationship Between Unemployment and Crime Rate Among Youth in Nigeria1764 Words   |  8 Pagesof the economy, this study tends to provide solution to the following questions: a. Is there any relationship between government expenditure either capital or recurrent expenditure and economic growth in Nigeria? b. Is there any way to justify the surplus, deficit or equilibrium position on Nigeria balance of payment due to the effects created by public spending? c. Is it true that as the nation is expanding its public expenditure on provision of infrastructural facilities as well as administrationRead MoreCauses Of Unemployment In Nigeria1482 Words   |  6 PagesCHAPTER ONE 1.1 BACKGROUND OF THE STUDY Unemployment describes the condition of the people without jobs. It is a global trend that mostly occurs in developing countries of the world which not only affects them socially but psychologically. Nigeria economy since the attainment of political independence in 1960 has undergone fundamental structural changes. The Nigerian economy relatively grew in the greater parts of the 1970’s with the respect to the oil boom. The outrageous profits from the oil boomRead MoreYouth Unemployment And Its Effects964 Words   |  4 PagesYouth unemployment and its effects of the Development in Africa The United Nations defines youth as, persons between the ages of 15-24. Unemployment is defined as the state in which a person does not have a job. It is also a frequently cited measure to determine the state of development in an area of interest. Young people aged between 15 and 25 make up 60% of Africa’s population. That figure translates to 200 million youth, and that number is projected to double by 2045. This meansRead MorePersonal Qualities And Its Impact On The Nation s Largest Population Group1121 Words   |  5 PagesAccording to the United nations, Nigeria is one of the few countries experiencing a ‘Youth Bulge’ (a phenomenon whereby the country’s largest population group is below the age of 24) and it is estimated that by 2025, 25% of world youth population will be found in Africa alone as the continent tends towards urbanization (Zille and Benjamin, 2011), a situation which will greatly affect Nigeria and its high youth populati on due to the increasing rate of unemployment in the country. While this high abundanceRead MoreThe Niger Delta And The Oil Companies1576 Words   |  7 PagesThe Niger Delta is a region of Nigeria that is very rich in crude oil and gas. Crude oil and gas make up 70% of the country s revenue and 95% of it s export earnings (Ezekoli, 5608). Those percentages are incredibly high and represents large amounts of money that can be found in the region. However, the people of the Niger Delta never see the wealth that comes from their natural resources. The wealth instead goes to the oil companies set up in the area as well as the pockets of a few elite governmentRead MoreThe Current Youth Is The Future1431 Words   |  6 PagesThe current youth is the future. The minds that are still developing are the ones that will be shaping the way the world will continue to progress and what that kind of progress will look like. The world is currently progressing towards power and control, and has been since the beginning of history. The way to achieve power is what has been changing. Whoever has the most bombs, nuclear weapons, or who is feared the most has the most control. Terrorist groups like Al-Qaeda, ISIS, Boko Haram, and otherRead MoreThe Nigerian Oil Boom - Not A Blessing Essay963 Words   |  4 PagesTHE NIGERIAN OIL BOOM IS NO BLESSING. Nigeria is a country blessed with natural resources. These resources take various forms ranging from tin to crude oil which is the most predominant, therefore making Nigeria the largest producer of crude oil in West Africa. The oil wells which supply the nation with a large percentage of her revenue have been exploited by people who know their worth. As a result, Nigeria which can conveniently support herself depends on foreigners for the oil which we originally

Compare Contrast Free Essays

New York vs. Florence Jessica Quirizumbay Beckfield College New York City vs. Florence New York City is known as â€Å"The Big Apple† for its large buildings, tourism, and entertainment. We will write a custom essay sample on Compare Contrast or any similar topic only for you Order Now On the other hand, the city of Florence in Kentucky is known for the horse track racing at the Turfway Park located 10 miles from the Ohio River. Even though both cities are located in different part of the coast, they are good places to tour or live in. New York and Florence have more in differences than similarities based on their activities, transportation, and cultural diversity. Most known activities in New York City are the Broadway shows: Mamma Mia, The Lion King, and Phantom of the Opera. All shows are approximately two hours and thirty minutes long with prices ranging from $115. 25 to $160. 00(Lonely Planet). Mamma Mia is a musical show which combines the story telling magic of ABBA’S songs with an enchanting tale of love, laughter, and friendship (Lonely Planet). The Lion King is a musical show which tells the tale of Simba, prince of Africa lions, who battles his evil Uncle Scar for the throne (Lonely Planet). Phantom of the Opera is a story of a masked figure who lurks beneath the catacombs of the Paris Opera house, exercising a reign of terror overall who inhabit it (Lonely Planet). These are few of the most enjoyable activities to go to while visiting the city. Some activities in Florence are Ride the Ducks, Newport Aquarium, and Turfway Park: Horse Racing. These are all family fun activities that are great for the whole family to visit, especially at the horse racing. Ride the Ducks is open from spring to fall. This is a ride in which cruises the Ohio River and also rides in the streets of Newport (Ride the Duck). Newport Aquarium is located in Newport on the Levee few minutes away from Cincinnati, Ohio. It has tons of different animals in millions of gallons of water. They always start by doing a show with the penguins and also have events where visitors are able to see employees feeding the penguins, visitors are allowed to pet sharks (the best experience ever. ), and also be able to feed parakeets (Newport Aquarium). At Turfway Park live races go on, food, and wagering on the best horses. Everybody reunites in this fun activity during Sept. and Oct. nd from Dec- Mar. There is no need to bet on horses, the park is open for anyone to come and watch horses race for free (Turfway Park). These activities are less expensive to tour while visiting. In regards to transportation, New York City has more people than Florence does. So the need for different transportation is required. The most common transportation in the city is trains. It operates 24 hrs. a day and seven days a week. Trains run from east, north, west and south within the five boroughs (Manhattan, Queens, Brooklyn, the Bronx and Staten Island). To be able to arrive at Staten Island a ferry boat should be taken to cross. The method of payment to ride the trains in NYC is to purchase a Metro Card which has various prices. Another method for transportation is the bus; it also rides all the five boroughs and method of payment is Metro Card too. This method of transportation is longer than trains due to the traffic around the city, even though there are express buses for double the amount of a regular fare. Lastly, the taxis are convenient for some tourist and upper class people. They are quite more expensive depending where you going from and to. Transportation is a must in NYC besides mentioning some local people have their own personal car but prefer riding public transportation due to lack of parking spots anywhere in the city. In the city of Florence transportation is whole different point of view. Florence is a city where almost everyone has their own personal car. The reason for having a personal car to travel around is because stores are a little far from where they live and is the best transportation for them. Now for tourist the transportation available are buses, and taxis. Buses run 15 to 30 minutes depending on the traffic. In the other hand, taxis are not as common as in New York City where there are taxis in every street, in Florence taxis are based on calls, they would come and pick the person up and take them to their destination. The ethnic diversity makes New York famous. The ethnic groups are spread around the 5 boroughs. For example, in Queens we would see more Asians and South Americans diversity. In Harlem we would see black and â€Å"Spanish† east side Harlem would be Puerto Ricans or Mexicans. The most known in downtown is Chinatown, of course mostly Chinese would be walking down the streets, but the best part is the tons of sea food location stores available. Little Italy â€Å"Bon Appetite†, a community of Italy is located in lower Manhattan. In upper west side Manhattan mostly Dominicans are seen, best known as â€Å"Washington Heights†. Is good to enjoy a city with many culture involved and mainly all of them having their own place to be. A tourist can experience different views of cultures around this big city (New York Ethnic Group). In Florence, the ethnic diversity is much smaller. Whites (84. 7%) are the largest ethnic group in the city. The next ethnic group would be Hispanics (5. 5%) and black (4. 5%). This city is nothing compared to NYC, which different ethnic groups are spread in the five boroughs. Florence just have people anywhere, blacks are more located closer to Cincinnati, Ohio, Hispanics are in certain section of Florence, and whites are everywhere in the city (KY Demographics). In conclusion, New York City and Florence has more differences than similarities. A best way to find out is to make a visit to both cities. So given the brief details above on activities, transportation and the different ethnic groups, we can say both cities are unique in their own very way. References Kentucky Demographics. (2010) Retrieved from http://www. kentucky-demographics. com/florence-demographics Little Italy NYC. (n. d. ) Retrieved from http://www. littleitalynyc. com/gethere. asp Mamma Mia! On Broadway. (n. d. ) In Lonely Planet. Retrieved from http://www. lonelyplanet. com/usa/new-york-city/activities/theater-shows-musicals/phantom-opera-on New York Ethnic Group. (n. d. ) Retrieved from http://www. city-data. com/states/New-York-Ethnic-groups. tml New York Transportation. NYC Tourist. (n. d. ) Retrieved from http://www. nyctourist. com/newyorkcity/publictransportation. htm Newport Aquarium. (n. d. ) Retrieved from http://www. newportaquarium. com/About-Newport-Aquarium. aspx Phantom of the Opera. (n. d. ) In Lonely Planet. Retrieved from http://www. lonelyplanet. com/usa/new-york-city/activities/theater-show s-musicals/phantom-opera-on Ride the Duck. (n. d. ) Retrieved from http://newport. ridetheducks. com/home. aspx The Lion King on Broadway. (n. d. ) In Lonely Planet. Retrieved from http://www. lonelyplanet. com/usa/new-york-city/activities/theater-shows-musica How to cite Compare Contrast, Essay examples Compare Contrast Free Essays Ancient Egypt and Ancient Mesopotamia: A Compare and Contrast Essay Com/170 Ancient Egypt and Ancient Mesopotamia: A Compare and Contrast Essay Ancient Egypt, known as â€Å"The Gift of the Nile,† and ancient Mesopotamia, known as the land â€Å"Between the Rivers,† were the first two civilizations developed by mankind. Not only this is a double-negative that you do not need. ] These were they the first civilizations to form, andbut they were also the first river-valley civilizations using the nearby river(s) [redundant – if they are the first river valley civilizations, then aren’t they near a river? for their benefit. We will write a custom essay sample on Compare Contrast or any similar topic only for you Order Now Ancient Egypt was birthed around 3100 B. C. , and was based in the northern part of Africa. Ancient Mesopotamia came into existence around 3000 B. C. in the region now known as Iraq. Although the ancient civilizations of Egypt and Mesopotamia were developed independently, they also exhibited similarities in their governments, religions, geographies, and economies. [Good, thesis statement is clear] Geography, Climate, and Economy Both, ancient Egypt and ancient Mesopotamia, were considered river valley civilizations. redundant – you already made this statement] Mesopotamia, which is currently Iraq, was nestled between the Tigris River and the Euphrates River. This is known as â€Å"The Fertile Crescent. † Egypt was founded on the banks of the Nile River in what is now the northeast part of Africa. All three of these rivers flooded annually, which deposited rich silt into the soil, and created a fertile area for agriculture. The Egyptians and the Sumerians, as the Semiti c people of Mesopotamia were called, possessed an economy based primarily on agriculture. They used the rivers as a way of transportation, and were able to trade with other peoples. They both created irrigation systems to provide drinking water for human and animal consumption, and as a water source so their crops could flourish. The Nile flooded each year predictably, and was a very [very is a sentence filler] stable source of water. This allowed the Egyptians to be a very prosperous civilization, rich in economy, and possessing a surplus of food. The Tigris and the Euphrates were not as predictable and were very unstable rivers. This led to major catastrophes, higher poverty levels than Egypt, and shortages of food at times. from time to time. The Sumerians had to construct complex irrigation systems to try to lessen the climate effects, whereas the Egyptians didn’t [no contractions in academic essays] need massive government assistance, and only needed to use a more basic irrigation system. [There is a lot of non-common knowledge here, but no citations and references. Common knowledge means everyone knows what happened on 9/11, but few people know all of this detail on the Egyptians and the Sumerians. Where did you learn about these two groups? You need references and citations, or else the paper is plagiarized even if you are paraphrasing here. Religion and Government [nice job with the subheads] The Sumerians and the Egyptians were polytheists, meaning they worshipped numerous gods and goddesses. Both civilizations built temples and important monuments for worshiping their gods. The Sumerians built their temples, which were the most prominent buildings in the city-states (small cities within Mesopotamia), upon platforms named ziggurats. Egyptians also built temples for worship, but were best known for the grand pyramids that were built as the final resting place for their Pharaohs. Egyptians were ruled by dynasties of divine kingship, or better known as pharaohs, who passed down power from father to son. [passive voice] The city-states of Mesopotamia were ruled by powerful and power-hungry kings Powerful and power-hungry kings ruled the city-states of Mesopotamia. Each city-state had their own king, and were always at war with one another for control of land and water. Egypt was unified under one pharaoh, and were safe from invasion. The city-states of Mesopotamia were subject to constant invasion from other city-state kings, as well as from other civilizations. A king could easily be overthrown in a city-state if he were to be conquered, which happened more times than naught. The ancient Egyptians and ancient Mesopotamians developed major social class structures. Egyptians separated their classes into five tiers, with the god-king at the top, followed by upper class, middle class, lower class, and the slave class at the bottom. The Sumerians only had four, beginning with the elites or nobles, followed by the commoners, free commoners, and then the slave class. [This is the type of information that is not common knowledge. If you asked someone to list the five tiers of Egyptian civilization, they would not know. ] The pharaohs of Egypt believed they had a responsibility to uphold the laws of the Creator, or Ma’at, for the people they governed. Ma’at was the [typeface change — concept of  truth, balance, order,  law,  morality, and  justice. The Sumerian kings felt they held the responsibility of expansionism for their people because of their geographical locations. Art, Architecture, and Written Form The Egyptians worshipped their pharaohs as gods on Earth, and portrayed them, along with the other gods, in artwork. They depicted their gods as humans or half-human half-animal creatures. The Sumerians illustrated their gods as animals, each individual god having a single animal as their counterpart. Architecture was a major component for both civilizations, though Egypt’s structures are still renowned today. The Sumerians built large and important buildings for worship that were the central point of each city-state. [the description of the ziggurat should be up above where you first mentioned it. What made these temples special were the bases in which they placed them upon, named ziggurats. A ziggurat is defined by the Merriam-Webster Dictionary as [typeface change — â€Å"an ancient Mesopotamian temple tower consisting of a lofty pyramidal structure built in successive stages with outside staircases and a shrine at the top. † [Don’t use the dictionary as a reference. See the instructor policies guide. When you find another source for the ziggurat definition, you need a citation and a reference for it. ] The Egyptians built something similar, though on a much grander scale. The pyramids were built for their god-kings as their final resting place, or a tomb as referred to today. They were on a larger, grander, and more expensive scale than the monuments built by the Sumerians. The Sumerians didn’t have access to a lot of wood or stone, so they used mud bricks instead. The Egyptians, however, built with granite and limestone bricks found in quarries surrounding Egypt. It seems that both ancient Egypt and ancient Mesopotamia were indeed comparable in regards to their economies, religions, governments, and geographies, although their cultures were diverse in each of these aspects. Both civilizations were oriented in a river valley, which provided food and water. However, the Nile was predictable and stable, whereas the Euphrates and the Tigris were unpredictable and caused catastrophes. Both civilizations were polytheistic. They were both ruled by their religion and by powerful kings, though Egypt’s Pharaohs were considered gods on Earth and the Sumerian kings were considered intermediates between man and their gods. Though both ancient civilizations have fallen and are long gone, their complex social stratifications, political hierarchies, and advanced architectures paved the foundations for the civilizations following them. Week four rough draft individual paper – grading rubric Content and Development |Points Earned | |12 Points |12/12 | | |Additional Comments: | |All key elements of the assignment are covered. |You wrote ~ 967 words, so you need about 80 more for the final | |The rough draft is complete enough for constructive feedback (at|version. |least 800 words). | | |The paper consists of an introduction, body paragr aphs, and |The paper has the required components like an introduction, | |concluding paragraph for the final essay. |paragraphs, and a conclusion. | |The paper supports one of the approved topics. | | | |Major points are stated clearly by using subheads. | | | | |The grammar is good, but the paper needs a little APA cleanup. | | | | | |The main issue is there is a lot of information that is not common | | knowledge. You need citations and references for this type of paper,| | |or else the material is plagiarized, even if you paraphrased. Once | | |you have plugged in the references and citations, you have to make | | |sure that only 10-15% of your paper is from cited sources. | | | | |The paper is well-written, so you have earned the full points, but | | |consider this a warning that the lack of references and citations | | |will have to be fixed for the final version, or the paper will not | | |earn a good score. | | | |The paper develops a central theme or idea, directed toward th e | | |appropriate audience | | |The tone is appropriate for the intended audience. | |Major points are stated clearly; are supported by specific | | |details, examples, or analysis; and are organized logically. | | |Paragraphs contain a topic sentence, supporting details, and a | | |concluding sentence. | |Appropriate transitions are included within and between | | |paragraphs. | | |The introduction provides sufficient background on the topic and| | |previews major points. | |The conclusion is logical, flows from the body of the paper, and| | |reviews the major points. | | |Rules of grammar, usage, and punctuation are followed. | | |Sentences are complete, clear, concise, and varied. | |Total |Points Earned | |12 Points |12/12 | |Overall Comments: | | | How to cite Compare Contrast, Papers Compare Contrast Free Essays Compare Contrast In 1450-1750, mercantilism and capitalism were two dominant forms of economy. Both economies were similar in the way that they both originated in Europe and promoted trade between countries and were different in the way that capitalism revolved around wealth creation while mercantilism revolves around wealth accumulation and gold bullions. The dominance of capitalism and mercantilism as economic systems in Europe promoted contrast between the two different styles. We will write a custom essay sample on Compare Contrast or any similar topic only for you Order Now Capitalism focuses on wealth creation through the individual, while mercantilism is centered on wealth accumulation by extraction. In a capitalist economy, privately owned business are encouraged while in a mercantilist economy government owned businesses are supported because of the heavy economic regulations in mercantilism. Capitalism encourages consumer spending while mercantilism discourages the extravagance of the consumers because capitalist wealth creation revolves around the individual. Capitalism supports a competitive business environment that contrasts mercantilisms monopolies because capitalism encourages privately owned small businesses while mercantilist economies support fewer businesses that dominate their respective industries. Mercantilist wealth is measured in gold bullions while capitalist wealth is measured in economic growth. Mercantilism was created prior to capitalism and was not dominant in the 17th and 18th centuries, while capitalism emerged in the 19th century to support mercantilist ideas. Capitalism and mercantilism are two similar forms of free market economy. Both forms of economy originated in Western Europe. Capitalism was created after mercantilism in order to support mercantilist ideas. Capitalism and mercantilism both encourage trade among countries and colonies because capitalist ideas, like oversea trade, were made to support mercantilism. Both economic systems oppose the ideas of socialism and communism with free market principles. In 1450-1750, mercantilism and capitalism were two dominant forms of economy. Both economies were similar in the way that they both originated in Europe and promoted trade between countries and were different in the way that capitalism revolved around wealth creation while mercantilism revolves around wealth accumulation and gold bullions. How to cite Compare Contrast, Papers