Economics J
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Economics J
Basic Economic Class
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'Will all hell break loose?' Your fiscal cliff questions answered

'Will all hell break loose?' Your fiscal cliff questions answered | Economics J | Scoop.it
ANALYSIS: Hopes for a bipartisan compromise on the "fiscal cliff" threatening the nation's economy are beginning to fade just 10 days after the election that will leave President Barack Obama in the White House and Republicans in command of the...
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Fiscal Cliff

Fiscal Cliff | Economics J | Scoop.it
The fiscal cliff is what the economy will fall off of if three tax increases and two spending cuts aren't avoided by January 1, 2013. (What in the world is a fiscal cliff?
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Postal Service posts record $16 billion loss for 2012

Postal Service posts record $16 billion loss for 2012 | Economics J | Scoop.it
U.S. Postal Service blames most of these losses on a requirement that it set aside a certain amount of funds for retiree health benefits.
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Euro zone falls into second recession since 2009

Euro zone falls into second recession since 2009 | Economics J | Scoop.it
BRUSSELS/BERLIN (Reuters) - The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and France, data showed on Thursday.The (Euro zone falls into second recession since ...
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Economics behind Gangnam Style

The viral hit isn't a fluke. South Korea has been cultivating a global music business for decades.

 

You may already now that I've been fascinating watching the cultural diffusion of Gangnam Style throughout the world as mentioned previously.  This NPR podcast looks at the economic infrastructure of the South Korean music industry that explains in greater detail how this video went viral.  The distribution of this video is dependent in part on the technological sophistication and economic strategies of South Korea to associate their brands with cultural cachet.  

 

Tags: popular culture, industry, diffusion, globalization, technology, economic, unit 6 industry.


Via Seth Dixon
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Sierra_Mcswagger's curator insight, March 10, 2015 7:39 PM

This NPR podcast explains the rapid diffusion of the song we all had stuck in our heads previously "Gangnam Style".  South Korea invests as much as they do in there music industry as they do with their vehicle industry.  Because their a small country and their music industry wants to be big, they have to get noticed outside there country. To make this work, music moguls in the country created hit factories, turning young singers into pop stars and sending them on tour around Asia. K Pop is now noticed all over the globe with songs like "Gangnam Style" which music video is one of the most viewed videos on YouTube.                                                                              

                                                                                                                                S.S.

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Paper Economy - A US Real Estate Bubble Blog: Conspicuous Correlation: Retail Sales October 2012

Paper Economy - A US Real Estate Bubble Blog: Conspicuous Correlation: Retail Sales October 2012 | Economics J | Scoop.it
A Blog dedicated to tracking the demise of the greatest asset bubble in US history.
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The Physiology of Food and Economy in Diet (1917) « Free Health Care Assistance

The Physiology of Food and Economy in Diet (1917) « Free Health Care Assistance | Economics J | Scoop.it
The Physiology of Food and Economy in Diet (1917) - http://t.co/bT9m5cnc...
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BP to pay billions in Gulf oil spill settlement

BP to pay billions in Gulf oil spill settlement | Economics J | Scoop.it
BP also is expected to agree to a criminal plea in the 2010 oil spill in the Gulf of Mexico.
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Europe's Economy: Look Out Below, Again

Europe's Economy: Look Out Below, Again | Economics J | Scoop.it
The downturn has deepened and broadened, and worse times could lie ahead (Europe's Economy: Look Out Below, Again #business #finance http://t.co/MX8oIynX...)...
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Copyright: Forever Less One Day

Copyright is a good idea, but the way it is currently used is not. *T-Shirts now for sale!* Help support making more videos: http://goo.gl/1Wlnd http://blog....
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