Understanding Welfare, Economic Policies, and Public Finance
Wellness and Leisure State
The Welfare State ensures social protection (health, education, etc.). This theory is rooted in the works of Keynes and Beveridge. Beveridge’s system defends social security, while Titmuss emphasized that citizens provide resources to those most in need.
State Intervention in the Economy
The EU (Maastricht Treaty) limits a country’s contribution to 60% of GDP. Average expenditure in the EU is 27.6%.
- Neoliberalism: Advocates for minimal state intervention, believing the market
Effective Communication Strategies for Marketing Success
Effective Communication in Marketing
This marketing tool is intended to publicize a product, announcing its characteristics and comparative advantages within the market. Therefore, it refers to the set of actions based on persuasively communicating information to induce the purchase of the good or service that you want to sell.
In promotional activities, communication strategies are of special interest. The simplest strategy is that occurring on the premises of the seller, known as merchandising.
Other
Read MoreUnderstanding the Public Sector: Budgets, Decentralization, and Fiscal Balance
The Public Sector: An Overview
The concept of the public sector is often identified with the State. The public sector encompasses a broad area controlled by politicians. Its components include:
- The State General Administration (central).
- Territorial administrations (regions and municipalities).
- Their respective agencies and autonomous entities.
- Public enterprises.
Budgets and Public Finance
General State Budgets are systematically organized and quantified in a document that outlines the public sector’s
Read MoreUnderstanding Macroeconomic Forces: Supply, Demand, and Policy
Understanding Macroeconomic Forces
Internal forces are determined by the market behavior of economic agents in a country and are expressed through the free interplay of supply and aggregate demand.
The Average Level of Prices
The average level of prices is the weighted average of prices of all goods and services in an economy.
Macroeconomic Market
This involves matching buyers and sellers with their spending plans and production. Differential change is short-term productive capacity of a country, but
Read MoreUnderstanding Macroeconomic Aggregates and National Accounts
Macroeconomic Aggregates
Macroeconomic aggregates allow the measurement of a country’s economic activity. When we speak of macroeconomic aggregates, we are referring to the set of macroeconomic variables, which can be classified into three types: aggregate quantities, aggregate prices, and monetary aggregates.
System of National Accounts (SNA)
The national accounting system aims to quantify economic activity by making use of aggregate economic variables of the macroeconomic aggregates systematically.
Read MoreDemographic and Economic Indicators: Definitions
Civil Registration
Civil registration is a demographic source that continuously collects significant demographic events (deaths, births, marriages). These events generally happen immediately.
Net Migration
Net migration is the difference between emigrants and immigrants in a specific location. It is positive if the number of immigrants is greater than the number of emigrants, and negative otherwise.
Primary Sector
The primary sector includes the population employed in economic activities directly related
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