Questions and Answers..

Question and answers

Q1.High unemployment is both an economic and social problem, discuss....


 

This paper discusses how high unemployment is both an economic and social problem. It has been discussed that, unemployment is a major incentive to economic action in a market economy. However, it brings about manifold negative social and economic consequences as well. They are most visible in developing or inefficiently operating labour markets. Unemployment is widely regarded as a major social and economic global problem. When referring to someone as unemployed, most people have in mind a state consistent with the International Labour Office's (ILO) definition, namely a person who does not have a job, is available for work, and is actively looking for work (ILO 1998).These statistics are used in a variety of situations, but mostly as an indication of the underuse of a nation's resources, and to inform on the economic and social hardship associated with the absence of employment.

The larger and longer the unemployment, the deeper and more complicated are the social and economic problems it causes in society. The existence of stable long-term unemployment extracts a segment out of the labour force and isolates it economically and socially.

Here is no universal, constant, or absolute definition of what constitutes a social problem. Rather, social problems are defined by a combination of objective and subjective..

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Q 2. Zambia is currently hosting a variety of foreign investments concerns. Give a critical assessment of these firms in as far as their contribution to the social and economic development of the Zambian society goes

 If anything, both home and host countries would be worse off in a world without globe trotting multinationals." While critics of globalization view the foreign ventures of multinational corporations as damaging exports, jobs, and wages at home and abroad, an exhaustive review of research into the effects of "foreign direct investment" credits multinationals with being far more beneficial than detrimental to the socio – economic development of the Zambian society. The paper analyses that there is little evidence that multinationals are guilty of the "many evils that are alleged."This paper examines if a country like Zambia is able to achieve technological transfer from foreign direct investment (FDI). An argument is advanced that legislation on its own is not sufficient to attract foreign direct investment. It is argued further that in attracting foreign direct investment to Zambia there is need also to look at the socio-economic, political and cultural climate in the country.

The first part of the paper presents an overview of the economy of Zambia. Second part discusses contribution direct foreign investment and overview of DFI in Zambia. Against this background, we now examine if foreign firms are contributing to the socio and economic development of the Zambian society.

  ECONOMY OF ZAMBIA

Zambia has a relatively open economy, which depends on the mining sector that is the backbone of the economy and the major source of foreign exchange. Since the privatisation of the mines at the end of the past century, Zambia has posted economic growth at an average of 5% between 1999 and 2010. In the past few years, the non-traditional export sectors have emerged and contributed to growth, jobs and.... 

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Q3. When given the task of writing an academic essay, what steps must you take, and what do you have to do in order to produce a satisfactory essay?

   

Good essay writing is a skill acquired rather than learn t. Approaches vary from person to person and will depend on one's experience in essay writing, almost to the point where a style of writing will be as individual as a signature. You may already be quite comfortable writing essays and if so, you will have a definite feel for what works for you. If, on the other hand, you are new at the game or don't seem to be getting the marks you feel your efforts deserve, then we encourage you to follow the guidelines in this paper on preparation and research. In this paper, steps to undertake in writing an academic essay have been discussed. It has been emphasized that what is provided here is a possible formula for writing academic essays. Please remember there is no definitive way to write an essay; just as the Social Sciences do not provide a definitive account of how we are in the world and what reality is.

Throughout this short guide we use the term "essay" to mean any sort of academic writing assignment that you hand in for a course. In Social Science you will be required to produce a variety of written assignments, and only some of them will be "essay........

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