Economics Commentary - article on the Haitian Earthquake Essay Example for Free

Economics Commentary article on the Haitian Earthquake Essay IN JANUARY last year, the quake causes the 2004 Asian tsunami, which kill 250,000 people and 300,000 injured. People were living under sheeting strung across wooden poles. There were too many vulnerable homeless people that aid agency cant fit them in tens. People are trapped in supermarkets, debris and so on. I feel really sorry for them and I hope casualtys family can be rest in peace. First of all, there will be a change in Haitis economy because theres a huge effect of Haitis production. Haiti lost 250,000 people and 300,000 people were injured. They lost loads of labor and enterprise just because of this. Labor are human resources providing power to make goods and services Enterprise is a firm is an owner of a factory or company e.g. Nike, Apple. Capitals such as Houses, hospitals and factories were destroyed. Capital is man made resources that use for production. Many animals got kill by this earthquake and tsunami and destroyed timbers theres loss of land. Land is natural resources that cant add by human. Clearly, Haitis production is decreasing. In this case, we can use a PPF to explain the situation. PPF is a curve that shows the combinations of 2 or more goods that can be produced using all available resources. Heres the PPF of Haiti before tsunami. PFF1 is Haitis PPF before tsunami and PPF2 is Haitis PPF after tsunami The PPF shift to the left means theres decrease at both actual and potential output. Actual output is what the country is currently producing and potential output is the maximum outputs you can produce will all currently resource. Because Haiti lost a lot of capitals, land, labor and enterprise, its production is running down. Therefore, its PPF shifts inward. Theres also economic decline and economic deterioration. Economic decline is the percent decrease in real GDP per annum and economic deterioration is decrease in living standard for everyone in the country. There is a shift of PPF because of the environment factors (earthquake and tsunami). There was a change of Haiti peoples demand because of the tsunami and earthquake. Demand is amount of a good or service that consumer are will and able to buy at a given price over a period a time. Whats the change of Haiti peoples demand? Tsunami and earthquake destroyed a lot things, one of them is food. Haiti people are in starvation, theres no more flesh food for them so their demand of canned food rose. It is because inferior goods demand if rise when theres war, natural disaster. Inferior good is a good that can replace another good as a substitute. The demand of Haiti peoples canned food This is a demand curve shows people in Haitis demand of canned food rise from D1 to D2. Because the demand determinate is not price of the good of itself, its environment, theres a shift of demand curve to the right. Demand determinants are factors that can affect the demand such as: price, consumer income, and low populations Evolution Haitis earthquake and tsunami are lost and a pain we would never wanted to happen and they took millions of peoples life away and destroyed thousands homes. Here are few solutions I think it might help to raise back the economy of Haiti. First of all is asking UN for help. The United Nations (UN) is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace. United nation will usually provided aid and food for refugees. Second is building hospitals and factories. Recovering labor and capital is an important step to get the economy back on track. Education is more important in Haiti than other countries. They need new blood to contribute for the society and thats where education is needed. Good people equal good country.

Senior Sim Essay -- Essays Papers

Senior Sim Before start playing the game and building up my corporation I have developed a strategic plan and I have set specific and attainable goals. My target was the maximization of profits in the long run and at the same time the satisfaction of customer needs. My target groups would be the entire market, including all the market customers even of different age, genre, sex, status, income, preferences because I am going to sell products which are consumed every day. After defining the name, the goals and the mission statement of my corporation, my first move was to find a good location for building up my department stores. Therefore I chose a city with a maximum number of potential customers (large population), with low or no competition, as well as with a close path to the ports so as to have minimal transportation costs. Therefore, before I started setting up the buildings I had to make a market research in order to find the profitability and the competitiveness of the target market and accordingly create a business strategy. Therefore, it was important to find a target market with low or no competition and with many potential customers as I stated before. So, after doing the market research I decided that the best market to enter was that in London, first, because it was large enough, and second because no competition existed there at that time, meaning many potential customers. Then, I had to decide where exactly to locate my department store in London. A store in the heart of downtown malls implied a large number of customers but at the same time, very high land and building up costs. I wanted to be an aggressive businessman so I decided to build my store in the heart of the town despite the high costs. I wanted to be the first corporation who would penetrate the market of London and I wanted to be successful and build a strong base. My next step after building my first department store was to have my port in order to bring the products to my store, and to set up the functional units in order for my store to operate. These included a purchasing unit linked with a sales and an advertising unit. The purchasing unit was responsible for buying the products from the suppliers and bringing them to the department store. Linking the purchasing with the sales unit enabled the products to move onward to the sales unit ... ...lace to build a new department store. Once more, I followed the same procedures in selecting the location as well as in setting up the functional units and managing the purchase-sales and advertising teams. In Sheffield I sell Chocolate Milk, Peanut Butter, Frozen Beef, and Lettuce. In addition to these strategies, when investing, I was also keeping an eye on the stock market. Profits could also be gained there, especially when buying another corporation's stocks, because buying a large stake in rival was probably a prelude to a takeover. This could benefit me not only from the rising stock price as the takeover would move along, but also when it would complete and the two merge, I would own stock in the parent. My principle always was that a frequent self-performance analysis would be essential for obtaining a profitable corporation. This implied looking upon the profitability, sales, shareholder value, customer satisfaction, product quality, brand associations, relative cost, employee attitude and performance and portfolio analysis. Depending on the results of the analysis I was planning my new strategies and of course expanding my department stores to other cities.

Gathering and Evaluating Sources

Associate Program Material Appendix E Strategies for Gathering and Evaluating Sources |Source |What makes the source credible or what does not make it |Explain in at least two to four | | |credible? Consider the following when addressing the |sentences what information you can | | |source: |gather from this source? | | | | | |What is the author’s affiliation to any organization | | | |related to the subject of the article? Does he or she have| | | |an ulterior motive? | | | | | | |What is the author’s experience with the subject, | | | |including academic or professional credentials related to | | | |the subject of the source article? Does she or he have | | | |what it takes to understand the complexities of the | | | |subject? | | | | | | |Does this article report on information that the author | | | |experienced personally, or is it a summary or retelling of| | | |information from other sources? How close is the author to| | | the actual information? | | | | | | | |Is the information current? When was the information | | | |published or last updated? Might there be resources with | | | |more current information? | | | | | | |In general, does the information in the source article | | | |match the information found in other sources? Or is the | | | |information different or unique? Can this information be | | | |confirmed by more sources than just this one? | | | | | | | |Does the source make any claims without having evidence to| | | |support them? | |Source name |What makes this source credible is that the author |The information that I can gather | |Modernismo and Modernization. |questions some of the central assumptions of cultural |from this source is the past | |Authors: Mazzucchelli, Aldo; |studies and looks for the proof or evidence that supports |traditions and costumes. This source| |Novel: A Forun on Fiction |the facts. The author has an articulate approach to |will give me a more in depth look on | | |current discussion of elements of modernity-material, |how or in what aspects has the | | |technological and cultural objects, which the author |traditions changed and the | | |presents both sides of the subject. This source is not up|modernization of Spanish America. | |to date it was published in 2006, it is however the most | | | |recent article I could locate. | | |Source name |This is one of my favorite sources because it is not bias |This source has everything that I | |Everybody’s HERITAGE. |but it does contain opinions but they are backed with |want to include in my paper from the | |Authour: Dahlson,Conrad |evidence and facts. This source is not up to date but it |food to the religion to the arts and | |Source: Hispanic, sep2005, vol. 18|does have important information in it that has lead to the|music This source will give me | |Issue 9, |changes in Latino or Spanish culture. |information about the food, music, | | | |holidays and other aspects of the | | | |religious beliefs. | | | | | | | | |Source name |I find this online source to be credible by the amount of |This is one of my most recent sources| |http://ohioline. osu. edu/hyg-fact/5|research that has been done. I have researched the |that will include up to date facts | |000/5237. tml |references that this cites lists on the reference page and|and information on the Spanish | | |the facts have the right amount of evidence. The sources |culture. I will be able to find | | |that were used to create the page are form government |information about this cultures | | |websites and articles that have been published. family value, rituals and religious | | | |preferences, eating habits and | | | |celebrations and holidays. | | | | | | | | |Source name |The Americano is an online source that offers a top source|This source will give me the | |http://theamericano. com/2009/08/27|for Hispanic news and commentary. The article that I am |information of what aspects of the | |/hispanic-influence-in-the-united-|using was last updated in 2009. This source has a lot of |Spanish culture have influenced the | |states/ |statistics and has credible sources that have been |United States. This site also gives | | |researched. The website also offers up to date news from |information on architectural | | |all over the world. |influences as well as political | | | |influences. | | | | | | | | |Source name | | | | | | | | | | | |Source name | | | | | | | | | | |

John Stuart Mill On The Modern World - 1544 Words

Immanuel Kant was a German philosopher born in 1724 and died in 1804. His writings on philosophy had influence on people all over the world. Centuries later, you can still use his work as a point of reference for issues facing the modern world. His writings were such that they brought a new dimension in religion, law and history. One of his more famous writings was in the form of a paper which includes the ‘Metaphysics of Morals’ which form the basis for this paper. His view of morals is that our desires and emotions are categorically imperative, meaning that they are conscience driven. His philosophy is closely related to the golden rule which states that one should always act in accordance to the outcome that will give him the best outcome, while the categorical imperative rule of Kant seems to suggest that actions must be universal for them to be classified as either moral or immoral (Kemerling, Garth). John Stuart Mill on the other hand was a British philosopher born in 1806 and died in 1873. He has also influenced many philosophical views that still influence different aspects in different disciplines like sociology, politics and economy. He is probably most known for his developments on the theory of utilitarianism which he uses to explain morality. Mill argues that the usefulness or moral worth of an action is determined by its utility (pleasure or satisfaction derived from the consequences of the action). Mill suggests that our emotions are a basis for makingShow MoreRelatedUtilitarian Perspective On Feminism1563 Words   |  7 PagesA Utilitarian Perspective on Women’s Rights John Stuart Mill’s discussion of the subjection of women leaves many scholars regarding him as one of the first feminist philosophers of his time. His work analyzes and questions the everyday perspectives on women’s rights, and challenges common societal notions. Many philosophers today look to his work for a variety of reasons; some applaud his work for being ahead of it’s time. Others dismiss it, claiming that it’s flawed due to personal attachment.Read More`` On Liberty `` By John Stuart Mill1458 Words   |  6 PagesJohn Stuart Mill was an English philosopher and a progressive in British politics during the 17th century. He lived during a time of political transformation in England caused by the Industrial Revolution. The Industrial Revolution brought social mobility to the middle and lower class, along with more political participation. With this newfound freedom, the people of England felt their liberties were being diminished because they had the ability to accomplish all the more but in some cases, couldRead MoreThe Subjection Of Women By John Stuart Mill1724 Words   |  7 PagesWritten by John Stuart Mill in 1860-1861, as the Victorian era took place in England, â€Å"The Subjection of Women† is a critical piece of analysis in regards to the status of women in society and their unequal relationship with the opposite sex. During Mill s lifetime, women were considered to be inferior to men by custom and laws, and therefore, they were expected to be submissive in nature. Deeply influenced by the ideas of his wife Harriet Taylor Mill, and John Stuart Mill’s own beliefs, â€Å"The SubjectionRead MoreThe Theories Of Pleasure And Ethics1544 Words   |  7 PagesHuman beings can be pleasured in many different ways such as mentally or sexually. Everyone has different but shared values of ethics and how happiness is needed to fuel morality itself. Some interesting gentlemen such, Friedrich Nietzsche and John Stuart Mills were important influential philosophers from the early 19th century. I’ll be comparing both philosophers’ theories of pleasure and ethics. Also, I’m going to focusing on the major similarities and differences they individually perceive on bothRead MoreHappiness And Happiness1736 Words   |  7 Pagesthe 3 time period will be addressed: Historical utilitarianism, Classical utilitarianism, and Modern utilitarianism. They are very similar but have important miniscule differences in them that separates them from each other but overall share the same concept of happiness. 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It takes him several paragraphs and even chapters to finally suggest that a man, by himself, is free to do whatRead MoreJohn Stuart Mill on Classical Liberalism and Modern Liberalism2119 Words   |  9 PagesJohn Stuart Mill was a classical liberal thinker and believed, through the influence of his father, that man deserved to live a life that promoted the greatest amount of happiness with limited government intervention. Mill grew up with the belief that there was no God and therefore believed that man is born inherently good; government should be limited to allow individuals to make thei r own decisions from their inherently good instincts; economic freedom provided individuals with the protection ofRead MoreShould Slave Contracts be Legal?1278 Words   |  6 Pageswithout coercion are justified in a free society. The philosophies that best illustrate this moral idea are Robert Nozick’s theory of libertarianism and Fredrick Douglass’s theory of coerced slavery; and it is best negated by John Stuart Mill’s theory of utilitarianism and John Locke’s theory of classical libertarianism. Robert Nozick’s theory of libertarianism does specifically affirm non-coerced slave contracts, however Nozick best describes his reasoning in his work Anarchy State and Utopia, claimingRead MoreTo What Extent Does Modern Liberalism Depart from Classical Liberalism1624 Words   |  7 Pagesassumptions about the nature of humankind and society. Modern liberalism developed around 1870 as a result of both philosophical and practical changes, including mass industrialisation. Classical liberals argue that modern liberalism has broken the principles of doctrines central to liberal thought whilst modern liberals claim that they are simply adapting and building on classical liberalist ideas. This essay will discuss the extent to which modern liberalism departs from classical liberalisms by analysingRead MoreEssay Kant vs. Mill: Human Rights and Utilitarianism1729 Words   |  7 Pagesincluding philosophical theories in the past. This paper looks at the theories of two philosophers, Emmanuel Kant and John Stuart Mills, and how their teachings can be used to explain the sources of human rights. Kant’s moral philosophy is very direct in its justification of human rights, especially the ideals of moral autonomy and equality as applied to rational human beings. John Stuart Mills’ theory of utilitarianism also forms a solid basis for human rights, especially his belief that utility is the