Posts

Showing posts from November, 2022

WHY WARLORDS ROSE IN SUDAN? ''THE RISE OF A FAILED STATE' S PART ONE''

Following Sudan’s independence on January 1, 1956, dictators rose to power, and southerners were marginalized, while cultural and religious differences led to crime and violence among Sudanese people, because most leaders took great pleasure in their traditional beliefs. Leaders abused their legitimate roles and responsibilities to represent the civil population with dignity and trust; politics became a study of influence where the influential manipulated those they influenced and used them to their own advantage; everyone suffered and eventually fled their territories for refuge in neighboring countries such as Kenya, Ethiopia, and Uganda; religion caused Sudan to become a society of quarrels with countless troubles and distress, and religion caused Sudan to become a society of quarrels with countless troubles and distress. But when going back to the story of Sudan and Egypt, understand how the two countries were impoverished into political violence before Sudan become independe...

THEORY OF PRACTICAL ENTERPRENEURSHIP EDUCATION, "THE MONARCHY OF NATIONAL TREASURY"

Introduction   Most nations today have unemployment and poverty, and all nations are attempting to find answers to this pervasive problem.The most important tactic to address them is still practical entrepreneurial education.Some people who launch their own companies straight away are successful in generating both their own and other people's jobs. When it comes to establishing and operating successful enterprises, many countries have quite a bit of tenacity.Growing wages through technology: Invention, which was described as the process through which business leaders turn potential into marketable solutions, is crucial for increasing production. Innovation is a crucial aspect of entrepreneurship. Entrepreneurs may contribute innovatively by being productive because of their ingenuity and efficiency. Nations have the capacity to transition from consumer economies to production based ones.This essay advances the idea that education creates intelligent individuals who, in large ...

THE IMPACT OF CLIMATE CHANGE ON THE FUTURE OF THE WORLD ECONOMY

Introduction Everyone is aware of the future risks that climate change presents as I also see a possibility for the insurance industry to lead the opposition as a researcher. Leaders from around the world gathered the COP27 climate summit earlier this month with the unmistakable conviction that everything must be done to avert uncontrolled climate change. Even if my viewpoint hasn't changed, international climatologists have to be cognizant of the particular economic hazard that a climate disaster poses. This is why we are afraid that the world may end up going over the current global target of a maximum 1.5°C to 2°C temperature rise by 2050. Not just me; several studies have made it apparent that, by the middle of the century, a 4°C scenario would make a significant section of the global economy uninsurable, or, to put it another way, a "unlivable world. They assert that if we are unable to obtain any insurance, it only shows that things have become hostile. But in terms of...

THE IMPACT OF INDUSTRIAL PRODUCTION ON POSITIVE AND NEGATIVE EXTERNALITIES FOLLOWING THEIR COLLECTIVE CONSUMPTIONS.

Image
 Introduction First of all, what is externality before we talk about Negative and Positive externalities? Externality is comprised of several types, preferably, many scholars were able to demonstrate their thoughts proving that externality is a cost or benefits of an economic activity experienced by an unrelated third party. The external cost or benefit is not reflected in the final cost or benefit of goods or services. Whether in a firm or not, economists demonstrate their views of externalities as a serious problem that makes the market operate inefficiently, leading to market failures. The externalities are the main catalyst that leads to the tragedy of the commons. The primary cause of externalities poorly defined property rights. The ambiguous ownership of certain things may create a situation when some market agents start to consume or produce more while part of the costs or benefits is inherited or received by an unrelated party. Environmental items including air, water, an...