Economic Freedom Essay

Submitted By mdent1965
Words: 561
Pages: 3
Open Document
Recommendations towards Global Economic Growth
Name
ECN360
March 30, 2014
Professor
Recommendations towards Global Economic Growth
In an effort to control global economic growth and to pull out of the financial downturn, and move towards economic growth. To achieve this endeavor, my recommendations will be to improve world-wide productivity rates, policies to control unemployment, and to lift embargos and trade bans.
While global economic relationships will achieve the necessary world-wide goals, recommendations to achieve global economic growth include lifting embargos and trade bans and this is why; by lifting embargoes and trade bans between countries this will result in higher product prices, low consumption of products and increase employment as well as utilizing global free-trade. For example Cuba has recently Since Fidel Castro relinquished power in 2008, the government has accepted several economic improvements planned to inspire free market. Although, Cuba is still a place of human rights abuse, the recent events would demonstrate that they are moving in the right economic direction.

Further recommendations to achieve world-wide economic growth would be to increase employment, for this to take place the world leaders will need to create job opportunities globally. Employment would be focus point that needs direct attention as employment will lead people to increase their consumptions and suppliers will increase production therefore the economy will change directions. Promoting economic freedom at home and abroad is essential to revitalizing the U.S. economy. In 2010, the United States fell from the ranks of the economically free countries in the Index of Economic Freedom and, in the years since, the U.S. has continued a steady decline. According to "2013 Global Agenda for Economic Freedom" (2013) “The warnings in the 2013 edition of the Index are too stark to ignore. Only by pressing for more freedom everywhere can the U.S. hope to avoid further decline. A road map to put the United States back on the path to more economic freedom has been clearly laid out in The Heritage Foundation’s Saving the American Dream plan. A plan for promoting economic freedom in the world is laid out in this Special Report. It describes many actions that nations around the world need to take and offers Washington a blueprint for a practical and effective global strategy. American leadership can be decisive in promoting
Show More

Related Documents: Economic Freedom Essay

English Colonists: Economic Opportunity And Religious Freedom

Economic opportunity and religious freedom were originally the main pulling factors for the English colonists to settle in the New World, a place that could benefit the mother country of England while also providing them the ability to establish a land of favorable circumstance. Beginning in the mid-eighteenth century, however, the colonists began to come under the realization of Great Britain’s tyrannical and unjust rule as the monarchy took advantage of them further economically and politically…

Words 249 - Pages 1

Independence: Was The American Revolution Justified?

British violated all of the colonists political freedom, economic well being,and their safety because parliament passed the sugar act for the money. The boston massacre killed 5 colonists which violated their safety in the colonies. The Intolerable acts is an example of the violation on the colonists political freedom.The colonists were justified in wanting independence with England for three reasons: failure to protect political freedom, economic wellbeing, and safety of the colonists. Although…

Words 551 - Pages 3

Life Liberty In America Analysis

prejudice dwelled. Freedom, or the ability to have and share beliefs without being silenced and being seen as equal to all others, was not a right held by free blacks in the North. Although free blacks in the North were released from the bonds of slavery that restricted those in the South, they were not able to vote, get a decent job, serve on a jury, or be seen as anything but inferior to their white peers, which made them far from being free. This lack of political, economic, and social rights…

Words 528 - Pages 3

Blacks In The North Dbq Analysis

Massachusetts, New Hampshire, Rhode island, Vermont, New York, New Jersey, Pennsylvania, Minnesota, Wisconsin, Illinois, Iowa,Idaho,Ohio, and Michigan. What Political, Economic, and Social freedoms did free blacks have in the North ? Free northern blacks had very few freedom in Political, Economic, Social rights. Political freedom in the North led to blacks not having any voting rights. Doc A explains voting and jury rights of blacks in the North during 1860 between the males. Out of all of the…

Words 505 - Pages 3

Second Treatise On Civil Government Dbq Essay

conventions grew modern ideas revolving around the beliefs of individuality and freedom. These philosophes believed that granting freedom as well as reducing the authority of government would result in a better society. The introduction of individual freedom seemed essential to the formation of more rights for women, freedom of religion, and more efficient politics and economics. Locke believed that individual freedom was crucial to having a better government. In his Second Treatise on Civil Government…

Words 565 - Pages 3

Boston Massacre, Boston Tea Party, And The Battle Of Bunker Hill

(Charlotte Bronte). The colonists were restricted from political freedoms by the king. The British government caused the rebellion by trying to tax the colonists in ways that had not previously been done. The unprotection of the colonists was lead by the Boston Massacre, Boston Tea Party, and the Battle of Bunker Hill. The colonists were justified in wanting independence with England for three reasons: failure to protect political freedoms, economic wellbeings, and safety for the colonists. Between 1763…

Words 569 - Pages 3

The Pros And Cons Of Slavery In America

America was founded on the principles of freedom. Some of the first settlers came for religious freedom, and people today still immigrate for various types of freedom not present in other countries. But back in the 18th and 19th centuries, not everyone was free. Slavery had existed in America since the founding of the country. The South mainly used them for work on plantations, and the North used them for various things, like housekeeping and working in factories. Many people in the North became…

Words 829 - Pages 4

Classical Social Liberalism Vs Classical Conservatism

‘Classical liberalism’ emphasises the role of liberty, ‘social liberalism’ stresses the importance of equality. ‘Economic liberalism’ believes in organizing the economy in individual appearances; meaning economic decisions are predominantly made by individuals in households rather than corporations or institutions. Another form of liberalism ‘neoliberalism’ refers to a wide variety of economic liberalization policies such as free trade, deregulation and privatization. Liberals adopt a wide array of views…

Words 786 - Pages 4

civil war Essay

in the United States were filled with thoughts of freedom and also with the effects of slavery. By the mid to late 19th century there were distinct characteristics between the communities of free Blacks in the northern or free states and the communities in the upper and lower southern states. The life of free Blacks during the Pre-Civil War years can best be understood from this regional perspective. Each region had its own demographics, economic status and social characteristics. The differences…

Words 592 - Pages 3

Redlining In African American

Soon after the freedom of slaves in America, racial tension between whites and blacks emerged through Jim Crow laws segregating and discriminating against African Americans. During this time period, African Americans had to fight for their civil rights and basic economic rights. They had to endure unfair laws and regulations that separated them as equal human beings contributing to the society. This unjustifiable treatment limited the voice of African Americans, sustaining their ability to contribute…

Words 810 - Pages 4