... on imported fuels would be minimized because of the a) decreased demand for fuel consumption and b) lowered fuel demand allowed for domestic producers to meet the basic needs of the public. Maximum fuel efficiency would a) cut the amount of fuel consumption thus nullifying high pump prices and b) raise the level of conservation by lowering the amount consumed. Although the intentions of Corporate Average Fuel Economy in the 1970's was thought to be a cure-all but, over the long run it has turned out to be a flop. The variables on which it was based, turned out to be almost exactly opposite. Lower Gas Prices have a) caused the public to simply ...
... to the global economy. Another similarity exists between modern day Japan and Great Britain of the 1920s. In both cases, monetary policy has been blamed for contributing to sinking of these economic Titanics. With this in mind, the purpose of this paper is to explore the failure of Japanese monetary policy to deal with its present economic crisis. Background and the Problem During the 1980s, policy makers and economists throughout the world envied Japan as a successful model of a strong global economy. Real GDP growth ranged from 4%-6% from 1984 until the economic bubble burst in 1993. The Yen was regarded as one of the world’s leading currencies. Inte ...
... the Postal Service is a necessity for America, the government had to subsidize the service in order for it to continue in operation. In 1979 the United States Postal Service had a cash flow of $22.5 Billion and was additionally receiving $176 million from investing(United States, Intro.). Even with this added revenue the Postal Service was still greatly under funded on its own (United States, Intro.). During this time it was discussed to privatize the postal service and introduce competition because of the extreme losses that the service was experiencing. A positive argument for privatizing the Postal Service was with numerous competitors in the market there ...
... its stock value to rise again because all but Nike and Fila's stock has dropped. This is what the shoe industry is all about and the difficulties, problems, and advances it has. There are four major companies in the shoe industry. The dominant industry is Nike inc.. Then going down the line is Reebok, Fila, and Adidas. Nike being the superpower has been in front of all the other industries for many years. Right now Reebok is the closest company to Nike and is $2,459 behind in value in MIL. Nike's earnings in the last quarter leaped 24% which has pleased Wall Street investors. With such earnings Nike announced a 2-to-1 stock split, its second in many ...
... 2) The market implies offering and choice. The way a market economy works is that there are market pressures that develop for different commodities. The pressures work in one direction for a while, but at the same time pressures are budding that work in the opposite direction. As people look forward and see there's going to be some profit made from their production, they'll make decisions to increase volume, usually hiring more people, buying more materials, often bidding up their prices. When people are competing in the same market, that tends to generate more and more pressure in the direction of expansion. But at the same time, as costs and possibly i ...
... as a class, thwart an already staunchly anticommunist world, and fulfill Marx's promise of material wealth following the revolution. The idea of industrialization as the means to true socialism never occurred to Lenin. He assumed, at least initially, that communism could would and should exist in the pre revolutionary way of life. Before Stalin came to power, the communist party for the most part agreed that industrialization was necessary, however different sects of the Bolsheviks were in disagreement about how this change should come about. Buhkarin, the spokesman for the right wing Bolsheviks, warned against antagonizing the peasants, for fear of losin ...
... Internet has helped to create a global interactive network, which is and will continue to change the way we live and do business forever. This is already creating a paperless environment, we have less need to have printed out resources when we can just store these things on a computer and have almost instant access to them. Gates and his partner, Paul Allen, together they were pioneers in developing the personal computer. In 1975 they together created a version of BASIC for the Altair 8800, the first minicomputer kit. This was the beginning of the now giant, Microsoft. With this new computer technology came information. Information was now quickly becoming the ...
... growth and increase the number of jobs. In order to stimulate economic growth in the United States, taxes on capital gains should be eliminated. Members of Congress once considered a reduction in the capital gains tax rate from 28% to 19.8%. Combined with indexation, which is , reducing the capital gains tax by any amount would be a vital pro-growth step taken by Congress. However, given the fickle and high risk nature of investments and entrepreneurships, and the importance of maintaining a competitive economy in a global environment, capital gains should be exempt from taxation altogether. A zero percent capital gains tax would attract entrepreneuria ...
... Sam borrowed $5,000 from his wife and $20,000 from his wife's family to open a Ben Franklin five and dime franchise in Newport, Arkansas. In 1950, he relocated to Bentonville, Arkansas and opened a Walton 5&10. Over the next 12 years they built up and grew to 15 Ben Franklin Stores under the name of Walton 5&10. Sam had plenty of new ideas. He liked to deal with the suppliers directly so he could pass the savings on to the customers. He later brought a new idea to Ben Franklin management that they should open discount stores in small towns. They rejected his idea. The First of 3054 Sam and his brother James (Bud) opened their first Wal-Mart Discount City s ...
... on estranged labor is an obvious point of basis for Marx's Communist Manifesto. The purpose of this paper is to view Marx's concept of alienation (estranged labor) and how it limits freedom. For Marx man's freedom is relinquished or in fact wrested from his true nature once he becomes a laborer. This process is thoroughly explained throughout Estranged Labor. This study will reveal this process and argue it's validity. Appendant to this study on alienation there will be a micro-study which will attempt to ascertain Marx's view of freedom (i.e. positive or negative). The study on alienation in conjunction with the micro-study on Marx's view of freedom will help n ...
