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Thirteen applicant countries are presently engaged in the process: Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Romania, Bulgaria, Malta, Cyprus, Turkey. Accession negotiations are under way with the…
The European Union, then known as the European Economic Community, was set up in 1958. The six member countries (West Germany, France, Italy, Belgium, the Netherlands and Luxembourg) committed themselves, in…
The mutual benefits that international trade can provide to all countries participating in it are obvious. To see how countries gain from trade, we can use a very simple example which…
The labour market is determined by the forces of demand and supply. The demand for labour The demand for labour comes from businesses because in order to produce goods and services…
Unemployment is concerned with people being out of work. The maintenance of full employment is a central policy aim of governments, but it has been accepted that there is some level…
A Perzsa birodalom Dareiosz uralkodása alatt uralma alá kényszerítette a kis-ázsiai görögöket is. Mindemellet nem lépett fel ellenségesen a görög anyaországgal szemben. A Marathoni győzelem i.e. 499-ben Milétosz hatalmi törekvései kirobbantották…
The varied services of the financial sector are carried out by a large number of financial institutions which all have one thing in common: they all collect funds from the public…
1. Business and social constraints Businesses affect the societies in which they operate. A sole trader running a small grocery store may benefit local residents by opening for a few hours…
During the 1980’s, the industrialised countries became more conscious of the degradation of the environment. By the 1990’s, in almost every sphere of environmental protection the key criterion for policy was…
1. Definition of marketing Marketing is the management process responsible for identifying, anticipating and satisfying customers’ requirements profitably. Marketers have to identify or anticipate consumer needs, develop products or services that…
There are several important economic factors that influence management decisions, such as economic growth, inflation, unemployment, the Balance of Payments, taxation etc. In the life of a state, government spending has…
The London Stock Exchange The London Stock Exchange provides a range of services for companies and investors: Company Services – the London Stock Exchange provides a number of markets which allow…