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The Economics Of Federal Defense Policy

.... to absorb twenty percent of the federal budget-over a third of which is spent protecting Europe against an enemy that no longer exists. In fact, that is the most probable source of America's problems: the budget. Forty-seven percent of the national federal budget is spent for a military expense. The National Defense, the topic of this paper, is what is stealing money from the poor in our own country and lessening our status as the "sole superpower" of the world. The National Defense was a program initiated from day one of the United States' existence. It was a program designed to protect the people of the world, but primaril .....

[ Download This Essay Now ] Number of words: 2565 | Number of pages: 10

The Combines Act

.... quite familiar to any other monopolistic markets. Since no team can create any revenue by themselves they must form a coalition with another club to produce a profit generating output, namely a hockey game. Other clubs enter this coalition thus creating a formal league which we call the National Hockey League. Jones then states how revenue is generated in the N.H.L and how it is affected by certain factors. A theoretical model of the N.H.L is created by Jones with all things being equal, creating an equilibrium amongst all clubs. The model is then adjusted to real life variables that turns his theoretical model into what we know .....

[ Download This Essay Now ] Number of words: 746 | Number of pages: 3

The Economics Of The Clean Air Act

.... economic and social issues and the debate over the effectiveness of stricter, present or more lenient regulations has turned into a smorgasboard of prectical solutions, with opponents quickly changing minds and becoming supporters and vice-versa. The expenditure of about 20 billion on the part of companies since 1990 to clean up such hazardous pollutants as cars, factories, and thousands of other measures have reaped about 400 billion in saved hospital costs, lost workdays, reduced productivity, and other conditions while at the same time theoretically helping to reduce smog and pollution. The findings of a report on experim .....

[ Download This Essay Now ] Number of words: 1302 | Number of pages: 5

U.S. Wage Trends

.... I wonder if these trends are good or bad for society. “ The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially self-destructive because there will not be enough purchasing power to grow the economy,” M. B. Zuckerman. My feeling is that the trend from unskilled labor to highly technical, skilled labor is a good one! But, political action must be taken to ensure that this societal evolution is beneficial to all of us. “Back in 1970, a high school diploma could still be a ticket to the middle income bracket, a nice car in the dr .....

[ Download This Essay Now ] Number of words: 1228 | Number of pages: 5

The Fed And Interest Rates

.... these rises in rates will tend to sell their low interest assets, in order to acquire additional money, they tend move toward higher yielding accounts, also further increasing the rate. Soon this small change by the Fed affects all aspects of business, from the price level to interest rates on credit cards. Rises and falls in the interest rate can reflect many changes in an economy. When the economy is in a recession and needs a type of stimulus package, the Fed may attempt to decrease the interest rates to encourage growth and spending in the markets. This was the case from 1989 until last month, during which the nati .....

[ Download This Essay Now ] Number of words: 1145 | Number of pages: 5

Will The Global Economy Help Or Hurt The Next Generation Of Americans?

.... 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 science. Because of this fact, foreign born workers such as engineers are taking over the jobs American workers could have. Our students need to be truly smart because memorized skills ca .....

[ Download This Essay Now ] Number of words: 1827 | Number of pages: 7

The Great Depression

.... clean out some depositors savings if funds are not ensured. When there was the depression, most people can not meet the house or apartment payments so they lose there homes and become homeless. During a depression some people must live on charity just to support themselves and there families. Sometimes the people who get the charity money, clothes, and food get kind of embarrassed that they need the money and they feel ashamed that they can't afford to support themselves which is basically not their fault. The Great Depression caused lots of marriages and birth rates to decline. If you were a younger person and you didn't hav .....

[ Download This Essay Now ] Number of words: 1892 | Number of pages: 7

The Greek Economy

.... of fish products within Greece. However in recent years thousands of tons of fish are exported each year, due to the ever increasing development of fish farms in the country. In the late 80's the annual catch totalled 135000 tons, from which 80% was consumed within Greece. Sponges are the main marine product exported. Mining Mining is of little importance to the Greek economy. We should mention though the annual output of minerals in tons: bauxite 2.3 million, iron ore 1.3 million and magnesite 884400. Also, about 279200 cu m of marble were quarried. Petroleum, salt, chromium, silver, zinc were also produced. Manufacturing A .....

[ Download This Essay Now ] Number of words: 537 | Number of pages: 2

The Importance Of Planning For A Stereo Manufacturer

.... CD players, DAT players, minidisk players, etc. give rise to even more sales. In the 1960's the firs stereo recordings were made. Soon afterwards, the industry introduced the notion Hi-Fi (high fidelity) just to make clear how far the development had come. When the cassette tape was introduced in the 1960's, many problems were solved. Now it was possible to produce a recorder which could be used when the surroundings were in motion (i.e. in a car) . Now it was workable to bring the source of music were ever people wanted. The cassette could also record, and was extremely easy to use compered to the LP. Also the casset .....

[ Download This Essay Now ] Number of words: 1410 | Number of pages: 6

The Modified Market Economy

.... regulation in terms of income distribution. The intervention by the government, in forms such as social security nets, which is present in a modified market, makes society more evenly spread rather than everyone being one of two things, that is, very rich, or very poor. In such economies as these, the government influence economic decision making much to our advantage in terms of them providing many of the resources needed to satisfy collective wants, making restrictions upon what can and can not be done, in the interests of our health, the environment, impacts upon society etc. Through this they regulate much of the pos .....

[ Download This Essay Now ] Number of words: 527 | Number of pages: 2

The National Debt

.... 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. To make the economy better, Reagan invented something called a credit spree. A credit spree in my opinion is when we go out and buy everything, but we put in on a charge (spending money we dont have.) .....

[ Download This Essay Now ] Number of words: 504 | Number of pages: 2

The New Deal

.... direction of what would be a slow recovery process. Roosevelt's next objective was to take care of the people. Though Roosevelt was a conservative, he realized the extreme need to help the poor. He had Congress respond promptly, and established the Federal Emergency Relief Administration that gave $500 million in relief to the poor people of the country. Roosevelt then went on to create organizations that would offer jobs and a sense of self-esteem to the unemployed of the country. One of these organizations was the Civilian Conservation Corps that provided young men with jobs to improved the environment. They had such j .....

[ Download This Essay Now ] Number of words: 538 | Number of pages: 2

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