Reaction Paper Essay Example | Topics and Well Written Essays - 1000 words - 2

Reaction Paper - Essay ExampleFor example, an increase in revenues translates to the decline in the intermediate unemployment rate. Next, the economic environment indicates an increase in the employment statistics translates to higher demand for houses, raising the average value of houses.Two take-aways. I have gained a firm inside on the economic principle of hang on and demand. As the demand for the companys products increase, the company can hire additional employees to fill the involve of the growing customers. As the employment increases, there is a corresponding increase in the demand for several(prenominal) goods and services. To yield the increasing demand, more news companies crop up.Further, my thoughts focus on the economic principle of cater and demand. To set up a business, I must first find a demand. Next, I pull up stakes supply the products or services that will fill the customers requests. As the sales catapult to more paid levels, I have to hire more workers to fill the increasing customers needs and wants. This is the essence of the economic supply and demand theory. A company that does not generate profits will be forced to refinement shop. Consequently, the retrenched employees will join the current long line of unemployment list.Reading 2 Shelley Kimelberg, Inside the growth tool Real Estate Professionals on the Perceived Challenges of Urban Development Shelley McDonough Kimelberg , City & Community, 20 (2011) p 76-99 audience Summary. The above article states that the growth machine framework proposes that the cooperative efforts of the elites significantly supply implementation of policies and processes that contribute to the local communitys economic growth. The research focused on the real estate professionals. The findings take on some constraints to full economic development. The constraints include reelection of the local politicians, municipal development officers economic priorities,