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The economic history of the us in the 1920 and 1930
americas economy 1900-1930
The economic history of the us in the 1920 and 1930
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The United States of America has had a staggering history between economics and monetary processes throughout its history. The variation between the low income classes and the high end classes have varied for centuries in the country. This long history has always affected the health and standard of living of both classes. Usually the low end class individuals would have less material and shorter life spans, whereas the high end individuals would have a massive amount of materials as well as a longer life span. “Citizens of high-income countries have more TV sets, more cars, better nutrition, better healthcare, and a longer life expectancy than citizens of low-income countries” (N. Gregory Mankiw, Macroeeconomics). One of the major causes of …show more content…
Polo Ralph Lauren is a large clothing company that has grown in the United States dramatically in the past decades or so. This is a clothing company that does provide jobs and productivity within the United States but for a majority, the entity produces massive clothing numbers in other nations. For example, Polo has been producing clothes in China, Brazil, Philippines, and many other places. This causes the clothing industry jobs to deplete and boost the imperfect competition to increase marginally. But on the other end, Apple, INC for the technological industry varies in its way. This entity has provided a mass amount of jobs in the United States. But its ability to be able to produce elsewhere and bring to the United States has been utilized to a great extent. A majority of its products are produced in China, who has a valuable technology market. This aids in the devaluing of the United States technology market as well as the unemployment rates. This is the true cause of the imperfect competition that the county of the United States face as a whole. It devalues not only the country but its families and individuals. But it also goes hand in hand with public
People in lower classes are more likely to get sicker more often and to die quicker. People in metro Louisville reveal 5- and 10-year gaps in life expectancy between the city’s rich, middle- and working-class neighborhoods. Those who live in the working class neighborhood face more stressors like unpaid bills, jobs that pay little to nothing, unsafe living conditions, and the fewest resources available to help them, all of these contribute to the health issues.
Variations in life expectancy and its changes are one major cause of rising income inequality. How long a person lives, as well as their quality of health, can have an important and huge impact on their income and social mobility. The life expectancy of the bottom 10% increases at only half the rate that the life expectancy of the top 10% does (Belsie). This shows that improvements in medicine benefit the wealthy more than the poor. The less wealthy have decreased access to good medical insurance and cannot afford more expensive, quality medical care. The poor are less likely to invest in healthy food and exercise, lowering life expectancy and overall health. These changes result in a cycle that causes the poor to be less healthy, and the less healthy to become increasingly poor. On the other side, the rich have different variations of habits, education, and environments, which can affect life expectancy, often positively for the
It is evident that people have different and unique desires when it comes to career interests. Therefore, this desire is the driving motive for people in their career growth and development. Perhaps, the first step towards selecting a satisfying career is to find out the things that are exciting and a source of joy. I have always found business management an interesting career option because my ultimate objective is to become among the leading businesspersons. Business management involves dealing with various kinds of people and a lot of strategic decision-making, which are the two major important attributes of a business person (O'Grady, 2009). Business management career is an interesting career, because it is one of the ways that an individual can become their own boss through establishing a business and seeing it through to success. In this particular research, my focus was based on Apple Inc (Hitt, Hoskisson & Ireland, 2013). It is one of the leading companies in the mobile phones and computer industry. Its success is accredited to the manner in which management has been handled within the company.
Corporations in the United States have proved time and time again that they are all about profit and not about what is good for America. One example of this is the fact that many corporations have factories in other countries, or buy from other corporations that do. Nike (an athletic shoe and clothing company) produces most of their shoes and apparel in factories in other countries, including Japan, South Korea, Indonesia, China, Vietnam and Malaysia. According to Nike’s factory disclosure list released May 2011, only 49 of it’s over 700 factories are located in the U.S. (Nike, Inc.) This means that thousands of jobs that could be filled by needy Americans are instead being filled by workers in other countries. This reason that Nike and other corporations outsource is very simple, it is very cheap to do so. In an excerpt from Jeffrey St. Clair's book “Born Under a Bad Sky” the author describes the vast differences between Nike’s production costs and retail prices. “In Vietnam, it costs Nike only $1.50 to manufactu...
Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The income gap in America has been increasing steadily since the late 1970’s, and has now reached historic highs not seen since the 1920’s (Desilver). UC Berkeley economics professor, Emmanuel Saez conducted extensive research on past and present income inequality statistics and published them in his report “Striking it Richer.” Saez claims that changes in technology, tax policies, labor unions, corporate benefits, and social norms have caused income inequality. He stands to advocate a change in American economic policies that will help close this inequality gap and considers institutional and tax reforms that should be developed to counter it. Although Saez’s provides legitimate causes of income inequality, I highly disagree with the thought of making changes to end income inequality. In any diverse economic environment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. I believe income inequality e...
Polo Ralph Lauren the brand has become one of successful brand in America and across the world, as a well-known player in the design and lifestyle industry, under bender Polo Ralph Lauren collection of product range from reasonably inexpensive to expensive brand in men’s, women’s and children wear, accessories, perfumes and home furnishings. Widely seen as the number one brand that symbolize the American Style, Polo Ralph Lauren has implemented to its marketing strategy, which has leaded they to become a strong brand equity since being set up. Also, the brand has been selling its goods internationally, while it has kept up with its 45 years reputation and distinctive image developed across the different products and brands markets. Due to its marketing tools and its high quality brand image, this luxury brand keeps a constant relationship with its customers. Ralph is a truly inspired and continuously aspiring designer. (Garvin, 2008)
Living in a capitalist society, the richest Americans enjoy larger homes, nicer cars, better education and even health care. Even if we lived in a capitalist society where everyone had access to the same basic healthcare program, the rich would still be able to afford better care. The wealthy are able to pay more in co-payments, prescription costs, and the ability to go outside of the healthcare system in this country to seek help. When you have the disposable resources then the sky is the limit, where the poor have very limited options. They will be confined to their healthcare coverage program and do not have the luxury of seeking additional assistance. “Poor patients often receive less quality care in the hospital, have more barriers to recovery, and experience higher morbidity and mortality than do patients with higher incomes” (Dracup).
As a risk pool system, people who live an unhealthy lifestyle making bad life choices are being subsidized and people who do the opposite are being punished (Aspalter, 2017). In the case of healthcare system in the US currently, poor people, who tends to have worse life style, are getting “rewards” for it: when they get sick, they can have treatment. For people of middle class, who tend to have better life style and who can afford a healthier life style, they are paying the premium, but as they are less like to use healthcare service they have been paying for. All in all, this system does not utilize people’s capability to live a healthy life style, since it creates on incentive. On the contrary, Health Savings Count, as a “tax-advantaged saving account”, people have an account, supporting by both them and their employer, which they can use to pay for their medical fee, if they do not use it, the fund will roll over year to year. Moreover, after retirement, savings in the account can be withdrawn (U.S. Department of the Treasury, 2015). Therefore, as long as individual stays healthy, they get what they have been saving, which is an incentive to live
Apple Inc. uses the Apple brand to compete across several highly competitive markets, including the personal computer industry with its Macintosh line of computers and related software, the consumer electronics industry with products such as the iPod, digital music distribution through its iTunes Music Store, the smart phone market with the Apple iPhone, magazine, book, games and applications publishing via the AppsStore for iPhone and the iPad tablet computing device, and movie and TV content distribution with Apple TV. For marketers, the company is also establishing a very strong presence to rival Google in the advertising market, via its Apps business and iAd network
Apple is “the world’s most colorful company,” Linzmayer, Owen . Apple Confidential 2.0. 1st. San Francisco, CA: No Starch Press, 2004. When looking at its meager beginnings Apple’s influence on the media could only be described as unique. Their product, style, and overall beliefs make the Apple Corporation a multi-billion dollar company with a general appeal for all ages. It is getting harder and harder to be an individual, so with Apple you can “rise above the norm” and be unique. Recently, this unique corporation has taken the media by storm, with their new line of products. Right along side these new products are a full line of new commercials to go along with them. These new commercials spawned from years of creative marketing done on Apple’s part. Studying the history of Apple is necessary to understanding their influence upon us today.
Even if we lived in a capitalist society where everyone had access to the same basic healthcare program, the rich would arguably still be able to afford better care. The wealthy are able to pay more in co-payments, prescription costs, and the ability to go outside of the healthcare system and travel elsewhere to seek help. When you have disposable resources then the sky is the limit, where the poor have very limited options. Th...
In the U.S. 6.2% of people fail to obtain needed medical care due to cost ("Centers for disease control and prevention"). The U.S. has a population of 317 million citizens. This means that almost 20 million individuals in the U.S. cannot afford access to healthcare. This paper is going to focus on how the U.S. has an expensive access to healthcare which makes it very difficult for many U.S. citizens to afford medical treatment. Difficult access to healthcare is happening all over the United States. The people getting involved are many middle to low class U.S. Citizens including little children. This topic is important because access to health services means the timely use of personal health services to achieve the best health outcomes. Access to healthcare can affect: overall physical, social, and mental health status, prevention of disease and disability, detection and treatment of health conditions, quality of life, preventable death and life expectancy ("Healthy people"). Expensive access to healthcare can make it more difficult even for you to afford any of these medical treatments! This paper is going to concentrate primarily on this question: what effect has expensive access to healthcare had on U.S. citizens?
Apple, encapsulated in that name are the ideals and paradigms that have made Apple the most successful brand of the early 21st century. The connotations of that name Apple is far reaching immediately conveying to one the aims, goals and dreams of this company. As Steve Chazin (2008) put it, “They are making complex things simple and elegant”. In recent times one can easily juxtapose the word innovation with Apple, they have become synonymous with each other and rightly so in that Apple’s ability to dislodge the hegemony that Microsoft had presided over the software/hardware market required unprecedented innovative efforts. These innovative efforts were at the foundations of this company where in the 1970’s they introduced the television as a display system of watching and cassette interface for listening and recording programs. This paper attempts to gauge and give an appraisal through marketing lens specifically targeting their use of Neil Borden’s marketing mix elements (product, place, promotion & price).
Introduction and Background Apple, Inc is a well known name in the computer technology world; Apple, Inc leads the computer industry in innovation thanks to the award winning desktop and notebook computer known as OS X operating system (Yoffie & Slind, 2008). This paper will focus on Apple Inc., strategic management and why is it critical to the success of the organization in meeting its goals and mission. It is therefore important to define strategic management, according to Certo, Peter & Ottensmeyer, (2005), strategic management is a continuous process that directs an organization to be appropriately suited to its internal and external environment. Strategic management benefits organizations by providing personnel, capital, helps to set standards and most importantly activates people. For an organization to have a successful strategic management plan, the mangers must learn to think strategically and have the ability to evaluate their environment and develop new ideas.
Apple Inc. is a multinational company, based in America, which innovate, develop and sell personal computer its software named Macintosh and various other products like the iPhone and the iPad. In 1976, Steve Jobs started the apple era and the business has grown rapidly to one of todays’ iconic inventors of consumer electronics. Despite the company operates in a wide field of products, Apple is handling every of their products as a separate business unit, but with a similar and recognisable design. This report will focus on Apples last invention, the iPad, and analysis its position within the market and future perspectives (Apple Inc., 2012).