Saturday, February 22, 2020

Prominent causes for the ending of the cold war Assignment

Prominent causes for the ending of the cold war - Assignment Example The research paper investigates leading significant causes that led the end of the Cold War.The primary international relations theories, liberalism and realism, possess contrasting views about the major causes for the ending of the Cold War, ranging from the US’ dominant military power to the Gorbachev’s liberal policies. In reality, the economic stagnation of the Soviet economic in the late 1970s and early 1980s mainly caused the early end of the Cold War In the early 1980s, during the period of Reagan administration, the bitter rivalry reached to such a height that majority of political experts and international relations theorists claimed the possibility of nuclear war between the two superpowers in the nearest future. On contrary, with the unification of Germany in 1989 and the collapse of the Soviet Union in 1991, the Cold War between the global powers ended even before the end of the 20th century. Such a decisive and unusually peaceful end of the Cold War was a surprising outcome from the perspective of modern political science and international relations theories, triggering numerous studies, researches, and theories that speculated various factors and causes that might have led the end of the Cold War Leaderships of Ronald Reagan and Mikhail Gorbachev, democratic and liberal ideologies, and economic factors have all been given as reasons for the ending of the Cold War. In reality, the economic stagnation of the Soviet economic in the late 1970s and early 1980s mainly caused the early end of the Cold War.

Wednesday, February 5, 2020

The Logic of Firm and Market Term Paper Example | Topics and Well Written Essays - 1500 words

The Logic of Firm and Market - Term Paper Example As any business, the firm exists to profit as it performs its function which is to produce products and services through process (Jelen). It is then its responsibility to create goods and services that would meet the consumers’ demands and needs which are quality based. On the basis of value, modern entrepreneurship does not limit his definition to goods alone that would give profit to the firm but the services as well and of course those which are involved in rendering the services, the human being. Thus, skills, intelligence, knowledge and understanding are also considered values as these are used to produce the tangible produce exchanged in the firm. As Coase says, a firm thus is made up of the system of relationships when the direction of resources is dependent on the entrepreneur (393), giving it the responsibility to give value to its good relationship with the service providers. A firm is likely to survive in cases where a very short term contract would be unsatisfactory (Coase, 392) since the goal of the firm is to profit, therefore, it looks into the inclination of minimizing expenses. In contrast, the market is a system of producers, sellers and consumers in an unorganized fashion where services and goods are exchanged as the need arises in an unprecedented manner and where contracts are on a short term, if there are any. The players in this system could find people whom they could exchange goods and services depending on the prices set in the market, ending contracts in an untimely manner. Why did the network, flat structure of production not emerge before the late 20th century? Or did it? And, conversely, why were we dominated by- and infatuated with- the hierarchal (organizations) of productive entities? Flat structures of production I guess were existent even before the late 20th century however, it was not so much noticed and valued as it is today. History would show that