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The National Debt
Number of pages: 2 | Number of words: 484

.... and the Eisenhower times. The debt kept on growing so new president Lyndon Johnson developed new social welfare programs- Medicare, and Medicaid. The U.S. Government came up with the gold standard and stopped minting silver coins. The coins were then made from scrap pieces of metal and the cash became paper. Richard Nixon and Gerald Ford passed the debt and added to it. The first sign of bankruptcy occured during the Jimmy Carter Presidency. Inflation skyrocketed and interest rates fluttered near 20%. President Ronald Reagan made the economy act better, temporarily. .....


What The United States Can Learn From Japan
Number of pages: 3 | Number of words: 587

.... the Meiji period Japan focused it's attention on emulating western technology such as trains, steel production, and textiles. The Meiji leaders took taxes levied on agriculture to fund the development of these new industries. Following World War II Japanese industries used this same strategic industrial policy to develop the high-tech, steel, and car industries that Japan is known for today. Some American industries are currently heavily supported by the government through subsidies and tax breaks to farmers, steel producers, and other industries that have been hurt by foreign .....


Ray Kroc
Number of pages: 4 | Number of words: 853

.... industry. The changes we saw included, for example, the fact that women were now a major part of the work force and dual income families were becoming a more common occurrence. McDonald's became a mastermind of marketing toward specific markets by pioneering ideas such as breakfast menus, healthier choices and alternatives, and "adult" foods. McDonald's has truly evolved into a world power by paying attention to the needs and wants of the changing market and adjusting to these needs. LINKING THEORY : Ray Kroc saw early on what needed to be done. He changed what was at one t .....


“Buddhist Economics”
Number of pages: 3 | Number of words: 782

.... To sum it up we are a bunch of rich fat people who have no concern for culture. The Buddhists believe being rich is more than material possessions and I agree. In this essay they also commented that “simplicity and non-violence” are closely related. I agree with that belief as well. I liked how E.F. Schumacher explained the importance of consumption and how it effects pressures put on society. Although people in less industrialized countries have greater worries like poverty, they don’t have as much of a problem with violence. Things are more low key and Buddhists are mo .....


Will The Global Economy Help Or Hurt The Next Generation Of Americans?
Number of pages: 7 | Number of words: 1814

.... future generation will need? Are students going to be able to problem solve? Are today's students going to be able to access tomorrow's information? Our schools teach American students to be good at memorization. To be able to spit out recorded information. "You do have the knowledge but you are basically robots with skin; machines, tape recorders that teachers use to record their information. At the end of a chapter, they rewind you and press the 'play' button to see if you can repeat everything they said."1 Also, our schools are not stressing the importance of math and sci .....


The Goods And Services Tax
Number of pages: 7 | Number of words: 1829

.... * Increase the Real purchasing power of consumers.('Tax Reform. Not a new tax. A new tax system', from the Regulation Impact Statement for the Introduction of a Goods and Services Tax). The Goods and Services Tax is the necessary change that Australia needs for a new tax reform. Australia's current taxation system is complex, unfair and in need of a quick replacement due to it being out-of-date. The current taxation system incurrs both economic and social disadvantages on the country, the community and the businesses. The Government propo .....


How Should An Economist View The Society?
Number of pages: 2 | Number of words: 517

.... fields like sociology, psychology or history to their work. According to him, today, the facts and numbers are considered too much, and the morals and the society’s long term benefits are squeezed out. Math and computers have taken over noneconomic motives and the changes in the forces of human nature haven’t taken into account in the process of developing the scientific data. Uchitelle supports Heilbroner’s ideas with the quotes from other early philosophers: Joseph A. Schumpeter and Keynes. On the other hand, the modern economists reject these observations. N. Gregory Man .....


Increasing Shareholder Wealth
Number of pages: 5 | Number of words: 1375

.... they might have the power to employ methods which are difficult for the workers to prevent or counteract. One tactic used by corporations to reduce labor costs is the utilization of “sweatshop” labor. A sweatshop is a manufacturing facility that operates below minimum standards of safety and/or wages and benefits. Sweatshops flourished in the United States in the late 1800s and early 1900s. This paper will examine the re-emergence of sweatshop manufacturing in the U.S. and abroad, and its impact on how manufacturers do business. Two U.S. corporations will be di .....



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