Economic rights are part of a range of legal principles based on the philosophy of human cultural and social obligations in which economic equality and freedom are preserved. Economic and social rights are granted to Americans fulfilled by the government in an effort to ensure that citizens have the ability to maintain their needs.Know More
The main economic and social rights include the right to education, the right to food, the right to health, the right to housing, the right to social security and the right to work. These rights do not guarantee that every American citizen will have all of these, but they do guarantee that every American citizen will be given the opportunity to have all of these basic rights. The government must respect, protect and help to fulfill all of these basic human economical rights.
These rights were created to guarantee that every American be given the opportunity to have all of the necessary means for living. These rights are not based on gender, age or race, and they apply to every adult in the United States. These rights cannot be taken away, but they can be restricted based on the choices that the citizen has made and the circumstances they have created for themselves. All Americans are entitled to these rights, but not all Americans choose to use the rights to help better their lives.Learn more about Economics
Economic viability is when a project proves to be economically feasible, innovative and sustainable in terms of investing financial resources into the project. Funding for the project must be compatible with the demands and constraints that occur during the project's life span.Full Answer >
The economic perspective focuses on how resources are distributed in an organizational setting. Philosophies that stem from the economic perspective concentrate on leveraging or manipulating those resources.Full Answer >
Economic liberalization refers to those government policies which promote economic growth by opening up trade to international markets, extending the use of markets and lessening the restrictions and regulations placed on business. China, Brazil and India, three of the fastest growing transitioning economies, achieved their economic growth after their governments liberalized their approach to business. This has led some economists to believe that economic reform is of greater importance than political reform in developing economies.Full Answer >
An economic map is a map that illustrates various economic activities or phenomena that take place in a particular area. This type of map features a variety of symbols and colors referring to particular economic activities.Full Answer >