Here is one more example of free essay on Economics, it may help you with your essay writing. Use it as an example and take the ideas.
“Trade has not yet ruined any nation” (Benjamin Franklin).
American scientist and politician Benjamin Franklin wanted to emphasize the benefits of the trade for economic prosperity. I think it is worth to agree with his statement.
Barter exchange as a form of the distribution of manufactured products of labor, began to develop in ancient times. Over time, people realized the need to introduce equivalent. From this point you can actually talk about trade. Universal goods were furs, metal rods, as in the days of the Iliad and Odyssey ‘, sinks, etc. Later, began to use bits and bullion, money.
Today the trade is the most common form of exchange, in which the ownership of the good (good, service) goes from one to another through the mediation of money. Trade can serve as a unifying factor in the economic and socio-political development.
Today, in the context of globalization, trade is getting increasingly global scale. Markets as a sphere of interaction of money, goods, services, labor, become the whole world. Trade development is an indicator of a successful and sustainable economic development of the country as a whole. I believe that our trade is one-sided nature. We mostly sell natural resources: oil, gas, timber, seafood. It would be more profitable to sell not only hydrocarbons but also manufactured goods, including high-tech. In this direction, we must develop the economy.
Nowadays, people won’t be able to live without trade. We are too far away from the time of natural economy. We are living in a civilized society where you can buy almost everything.
So, I agree with the prominent American politician of the role of trade. It’s time to realize this, and our politicians.
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