...The Issue of Income Equality in the US By SOC 100: Intro to Sociology April 29, 2012 A major social problem in America today is its inequality of the distribution of income. "Income inequality refers to the gap between the rich and the poor. The United States has the most unequal income distribution in the industrialized world, and it is growing at a faster rate than any other industrialized country" Bernard Sanders (1997). What's really going on with the economy? - Unequal distribution of wealth and income. [ONLINE] Available at: www.usatoday.com. [Last Accessed 04/27/2012]. Society defines this social issue as the disparity between the few at the very top of the income ladder, and the many at the bottom. Recently, the Occupy Movement has defined this problem has fight between the 1% and the 99%. The social classes that are most impacted by this disparity pretty much cover the spectrum as we are all affected. The most latent effects are probably found in the poor, in single-mothers, and in the minority classes. Those are the classes that have the least amount of economic and social power at the onset. A persons clothing, housing and educational opportunities usually depend on their class, but that is a direct reflection of their income. A person does not gain any class or power without their income being taken into consideration. The only problem is, is that there is also class inequality, which further prohibits people to earn an equal...
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...Use an example of your choice to discuss how ‘corporate restructuring’ transformed market, productive and financial performance. Companies quite often have a need to contract and downsize their operations, or redesign one of the aspects, which might be due to different reasons, such as external factors, increase level of competitiveness or to change company’s direction. All the changes that the company might implement are called corporate restructuring. Usually, corporate restructuring is used when a company’s original structure reached the point when it doesn’t generate the profit, and is no longer efficient. The main aim of a corporate restructuring is to raise company’s profitability and internal operations (Froud 2006). I decided to use Caterpillar example to analyse their need of corporate restructuring and its outcomes. Caterpillar Inc. is a $30 billion global company which is known as a manufacturer of large earth-moving equipment and large construction (Neilson & Pasternack 2005). Caterpillar survived from very difficult times in 1980s, mainly because its product reached maturity level, where customers were no longer interested in it and also the CEO of that company did not take into account very important factor – external environment. In 1980s a lot of companies lost their sales because global recession hit the economy and inflation rates grew very quickly. Therefore, Caterpillar’s structure couldn’t handle the pressure and had to be reorganised. Moreover, Caterpillar...
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...involving some possibility of bias. In this analysis, news/media outlets, are taken to mean any news organization, TV news networks, magazines, newspaper, etc. and media bias is the term for these aforementioned news outlets to misrepresent an argument, show...
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...The Effects of Deforestation on the Environment Concise Paper Americans have not always been concerned about the environment until recent years, since the changes in weather have been severe and obvious. Environmental scientists have been analyzing ways in which we could keep Earth alive and well. Our dependency on natural resources is increasing; therefore, the planet we live on is beginning to deteriorate. In specific, attention has been brought upon issues such as: global warming, droughts, wild fires, etc. However, we forget to mention something that tends to be affected by some, if not all, of these issues: deforestation. Deforestation plays a key part on not only human lives, but on the lives of animals, creatures, insects that depend on trees for survival. Before getting to the root of the problem, we must know what deforestation is. According to, Andrea Becker, who writes for Seattle Pi, defines deforestation as “forest loss through urban sprawl, land clearing of agriculture, wildfire or timber harvest.” In other words, it can be described as the clearing of trees. It may not seem like an issue that is severe, but when it comes down to it, the clearing of trees tends to affect the ecosystem in a number of ways. It is important to keep in mind that deforestation does not only occur in the United States, it is a big problem in the Brazilian and Bolivian Amazons. In addition, deforestation threatens our climate as well as the livelihoods of 1.6 billion people...
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...Structuralists and Dependency Theory. These two schools question many of the assumptions made by the Neoclassical framework and use real world observations to discredit Neoclassical policies. While Neoclassical theory suggests that all free trade is eventually mutually beneficial to everyones welfare, Dependency Theory advocates argue that free trade is a destructive force and a threat to the Developing World or the Least Developed Countries (LDC’s). Structuralist make their position in the middle ground and acknowledge that while there are gains from free trade to be made for LDC’s and Developed Countries (DC’s) alike, free trade is potentially harmful to developing economies and needs to be managed appropriately. This essay will consider each argument and ultimately show how Neoclassic philosophy, which has underpinned WTO and IMF policy for much of the past half century, relies upon too many unsatisfactory assumptions and that many observations made in the real world are contradictory to what the theory...
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...sector of the economy includes those economic sectors that create a finished, usable product: manufacturing and construction. Some economists contrast the wealth-producing sectors in an economy such as manufacturing with the service sector. Service’ can range from retail, insurance and government. Economists state that an economy begins to decline as its wealth-producing sector loses influence. Along with the service sector producing a service instead of an end product, both these sectors have faced dramatic changes in their business environments during the past two decades. In the last twenty years, there has been a ‘sectoral shift’, manufacturing, or the secondary industry has declined in parallel to the service sector, this has been more apparent in the UK business environment. One argument is that service costs have escalated, resulting in a greater influence being put on the home e.g. laundrettes having being replaced by washing machines globally. Manufacturing firms have recognised the wider markets here and have put increased emphasis on their marketing activities. The service sector following deindustrialisation has seen a decline in public transport although during the 1980’s financial and business services grew. One good example of this is the banking industry, in the service sector, which has gone through huge changes in recent years. By taking full advantage of information and communication technology, banks have vastly reduced their number of HR requirements....
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...Name: University: Course: Tutor: Date: Obese People and Health Insurance Policies Obesity is seemingly becoming a healthcare problem because its health and economic burden is exceedingly enormous. Before 1980’s, the prevalence rate of obesity was relatively low, but its prevalence and incidence rates have assumed an upward trend, probably due to the rapid change of lifestyle. Prevalence rate of obesity has increased by two folds, over the last three decades in the US, and the incidence rate is predicted to triple by 2015. Currently, obesity is ranked fifth leading cause of mortality in the entire world. From a global scope, obesity and its related morbidity accounts for about 2.8 million deaths yearly. Recent epidemiological reports reveal that, approximately 44 percent of the diabetes disease burden is caused by obesity; whereas, 23 percent of the cardiovascular disease burden is attributable to being overweight and obese. Further reports indicate that, obesity is responsible for about 7-41 percent of the total cancer burden worldwide (WHO par. 3). It is absurd for medical insurance companies to charge obese people high premiums for their healthcare policies compared with the physically fit Americans. Since obesity seems to be causing negative consequences on the American healthcare systems, efficient approaches are required so as to curb this health problem (Dent &Morgan 3). This paper will dissect the reasons as to why the obese people should be charged normal or less...
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...Prayer in Public Schools Derrick DuHart Race, Religion, Culture Arkansas Baptist College Dr. Johnson, Instructor November 4, 2014 Tables of Contents I. Introduction Background/Statement of Problems pg. 3-4 Purpose of the Study pg. 5-12 Research Questions pg. 13 Significance of the Study pg. 14-19 II. Literature Review Methodology and Sampling Design Strategy pg. 20 Data Collection Procedures pg. 20 Data Analyzed pg. 21 Ethical Issues pg. 21 III. Results Conclusion pg. 21-22 References pg. 23 Appendix: I. Annotated Bibliography pg. 24-26 II. Survey Questions pg. 27 III. Results (Charted/Tables) pg. 28-31 Notes: I. Introduction Background/Statement of Problem Prayer in Public Schools The courts have ruled against prayer in school. Many agree with the decision; yet many disagree. Prayer should be allowed in public schools because it is already practiced. It prevents...
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...yourself if print will survive. I don't have the answer. And, I'm not even sure it's the right question. Even when the global economy turns around, it's unlikely that we'll see the same number of magazines or newspapers. So, how will we consume print- or page-like content? Computers are the most obvious answer, but I think products like the Amazon Kindle 2 really point the way. You see, we have to prepare ourselves for a time when the majority of written works, whether in magazines, newspapers, short stories, or novels, are delivered electronically. I don't imagine that everyone believes the computer screen and Web page is the preferred format for the consumption of this kind of content. I know that industry analyst Tim Bajarin made the argument in a recent column that future generations of e-book readers will offer color screens (I guess that's a good thing), and he suggests that a copy of Harry Potter might benefit from having an embedded video clip from the movie. I disagree. When I want to read a novel, I want to read a novel. I don't need to be distracted by multimedia, or even color, to help me imagine the story. My mind is quite adept at painting a picture with the words I'm reading. For me, that's the allure of a good, rip-roaring novel. The minute that publishers start producing e-books with "enhancements," we'll witness the beginning of the end of that format for the written word. The good news is that we're not there yet. For now, there are stores and libraries crammed...
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...There is nothing more damning and destructive to America's youth today than the Godless public school system! I thank God for the Bill of Rights. I thank God for the wisdom of our founding fathers. I thank God for the the First Amendment which gives us the legal right to freedom of speech, press, religion, and the right to peaceably assemble and protest. I am exercising my God-given freedom, by publishing this desperately needed article about the Godless and heathen public school system. There is no evil today like the Communist, humanistic, sexually immoral public school system. I detest the public school system! It is destructive to the faith of children! Sex Education Program in Our Public Schools: What Is Behind It? Perhaps you are asking, "What is so wrong with the public school system? In a word, EVERYTHING! Perhaps a better question is: What is right about the public school system? The truth is intolerant my friend. 1 + 1 = 2. Now you can ignorantly claim that 1 + 1 = 3; but you'd be wrong (and probably a product of the public school system). Children are robbed of faith in God in public schools. Instead, children are taught that they evolved from "stardust" which somehow formed into a planet, and then life just happened. Children are taught that humans are animals. If this is true, then bestiality is acceptable, right? This is what the evolutionists teach is it not? A good Christian family is a bulwark for good morals, the soil for the planting of good character, the...
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...countries to be nearly flat in 2012 and 2013. Growth is concentrated in the non-OECD countries, including China, Brazil, and the Middle East with world gains of about 0.8 million barrels per day expected in 2012 and another 0.9 million barrels per day in 2013. Price Elasticity of Demand for Gasoline A meta-analysis by Molly Espey, published in Energy Journal. Espey examined 101 different studies and found that in the short-run (defined as 1 year or less), the average price-elasticity of demand for gasoline is -0.26. That is, a 10% hike in the price of gasoline lowers quantity demanded by 2.6%. In the long-run (defined as longer than 1 year), the price elasticity of demand is -0.58; a 10% hike in gasoline causes quantity demanded to decline by 5.8% in the long run. It's important to note that the realized elasticity’s depend on factors such as...
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...Mahmoud Mamdani and David Noah, Morgan Stanley In Defense of Incentive Compensation: Its Effect on Corporate Acquisition Policy Sudip Datta and Mai Iskandar-Datta, Wayne State Reappearing Dividends Brandon Julio and David Ikenberry, University of Illinois Making Capitalism Work for Everyone Raghuram Rajan and Luigi Zingales, University of Chicago University, and Kartik Raman, Bentley College Reappearing Dividends by Brandon Julio and David L. Ikenberry, University of Illinois at Urbana-Champaign * I n his 1976 classic called “The Dividend Puzzle,” Fischer Black wrote that there was no convincing explanation for public corporations’ centuriesold practice of paying cash dividends to their shareholders. His argument rested on two main premises. The first was Modigliani and Miller’s demonstration that,...
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...The Numerical Impact & History Of A Materialistic Society University Author Note Abstract This paper utilizes four published research articles and six online renowned articles that contain relevant information and reports on how various materialistic spending and reasoning has impacted numerous societies over different times in history. The piece will compare and contrast the benefits of unnecessary spending on an economy as well as one’s state of mind. It’ll also delve in to the common practice of obtaining material for impression purposes and the benefits or lack thereof of doing so. The paper will also draw common correlation between jewelry and society all over history to modern daytime to find the more significant aspect to a society between living and impression. Centuries of historical documents suggest that a materialistic society causes a population to be more unhappy, divided and non-beneficial because of its emphasis on overvaluing items in the process of finding happiness. The emphasis on earning our peers acceptance through materials would lead us to achieve further happiness but statistics prove other wise. In ancient Rome, Asia and Africa along with medieval Europe there has been recorded history of how excess goods and jewelry were used to accentuate their self-importance and status to others. In modern time we find ourselves shopping, adding unnecessary expenses to our lives during the holiday seasons to reach a level of acceptance...
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...Global Warming General Chemistry I Bret Lynn For millions of years the changes in Earth’s climate have been driven by forces of nature. Although, for the last century and a half, Earth’s average temperature has been rising faster than any time in the past 10 thousand years. “We’re on a track to 700 parts-per-million of carbon dioxide on the planet, we haven’t seen that for 50 million years”(1). The signs are everywhere: droughts in the American southwest, rising seas in Louisiana, tropical diseases spreading north, and extremes of weather from Florida to France. There are people that still say “global warming need not concern us” and “if it is happening at all, it is a natural trend there is not much we can do about it.” However, there is now hard evidence, which shows that the warming is not only real, it’s accelerating. The warming is altering the climate’s most basic chacteristics like rainfall, days of sunshine, and nighttime temperatures. These changes are damaging the environment and agricultural production, threatening wild species into extinction, and putting at risk human lifestyle, health, and cities near the sea. It starts with the warming. In the Artic, reports of heat waves and droughts seem far away. Over the last 100 years, the world has seen a 1 degree Fahrenheit rise in its average temperature (2). However, in Alaska and Canada, winter temperatures have increased by as much as 5-7 degrees Fahrenheit in the past 50 years (2). Global warming is...
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...Suggest the key financial drivers that most likely will cause health care organizations to merge. Provide support for your rationale. The future of the health care industry is dominated by many uncertainties as it is feeling the heat on both regulatory and economic fronts. The health care industry is one of the most regulated in the United States and organizations are required to comply with a number of federal and state laws and regulations. In turn, these regulations have increased health care costs to unsustainable levels (Horner and Basu, 2012). From an economic standpoint, the health care industry has been facing deep cuts with a decline in per-patient revenue that pose a great risk to the industry. There has also been an increase in the regulatory pressures in terms of developments and pricing fronts. The big players in the market often have greater access to more resources that allow them to combat the negative forces to a certain extent. However, smaller health care entities may find it difficult to fight against these situations and thus consolidation in the industry is seen as one of the ways for survival. Many health care service providers are taking on mergers and acquisitions in order to improve operational efficiency, patient care and lower their costs. Some of the reasons behind consolidation in the industry are: 1) seeking economies of scale, 2) drawing on a partner’s unique clinical or managerial strengths, 3) gaining geographic strength to better serve patient...
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