Question

Write two paragraphs: What are the economic and political systems/policies in New York and how does it impact business?

Answer 1

Political system of New York:-

• New york government is dominated by Democratic party which supports with in the state or city in presidential election.
• Politicians make influence in different countries.
• Representing in the development of Macro Bride principles affecting Employment.
• New York contains many Head quarters of federal institutions and military fitting.
• Democratic party holds majority of public offices

President Calvin Coolidge won five boroughs in1924.

Labor and Education politics are important.

Housing and Economic development are controversial.

An ability to deal with the state government is critical.

Especially in matters of Education fund .

New York's politicians make influence outside the city in response to the city's diverse ethnic consequences.

Candidates running for parliament in countries like Dominican Republic visit communities from their countries living in New York.

To solicit donations and absentee votes.

Economic system of New York:-

• Economy of New York surround municipal and Regional Economy in the US.
• Characterized as the world's leading financial center.
• Manhattan is the leading center of banking, finance and communication in the US .
• And is the location of New York stock Exchange on wall street.
• Manhattan is the largest central business district in the world.
• New york city is the top global center for the advertising Industry.
• The financial ,real estate,and health care Industries form the basis of New york's Economy.
• It is the most important center for Mass media, journalism and publishing in the US.
• New york city possesses strong competitive advantage in fashion design and Architecture for growing share of Employment.

Impact on business:-

• Business play a big role in the New York state Economy.
• Recession hits businesses of.
• Every size in the state and across the country.
• Economic Impact of businesses varies from region to region.
• State government is responsible to help these small businesses to prosper and create jobs.
• The impact of businesses are critical to New York'' Economy.
• Essential to the fabric of life in the Empire State.
• A major reason,New York remains the Empire State
• Diversity and contributions of businesses can help the state.
• To promote policies and prosperity in New York City.