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Papers on Economics
How The New Economics Effects Modern America
Number of words: 947 | Number of pages: 4.... the information age is that while in the short run it may be cheaper to replace workers with technology” M. B. Zuckerman. The problem is as we make all this technology to replace workers. We are now creating many low-tech jobs. At the same time we have now made a lot of skilled jobs. My feeling is that once we have all these very high tech jobs, pay rates will drop across the board. That’s because high tech jobs are now the norms. The economy can’t support all these jobs. Back in 1970, a high school diploma could still be a ticket to the middle income bracket, a nice car in the driveway and a house in the suburbs. Today al .....
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Information Technology Outsourcing
Number of words: 446 | Number of pages: 2.... you know that that the employee know what they
are doing.
Some of the problems IT outsourcing may encounter are, loss of strategic
control, risk of technological obsolescence, limiting of long-term flexibility,
difficulty in benchmarking initial contract, hostage to additional charges,
high exit or switching costs, limited choice of vendors, the fixed nature of
legal contracts, legal exposure, from dissatisfied former employees, and
cultural conflicts.
The people doing the outsourcing for the companies are sometimes the
life's-blood of that company. If the outsourcers want more money, then they are
almost obligated to give tha .....
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Monopoly Of The Postal Service
Number of words: 1239 | Number of pages: 5.... receiving $176 million from investing(#1, Intro).
Even with this added revenue the Postal Service was still greatly
under funded on its own (#1, 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 would be more
efficiency and the public would receive lower prices. But this
would also increase the usage of resources, for example airplanes and
cars. One of the problems the Post Office had was its rece .....
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When Did Johns-Manville Know?
Number of words: 871 | Number of pages: 4.... J-M, the company had followed asbestos safety standards, later set forth by the U.S. Public Health Service in 1938, since the early 1930’s. The firm also alleges they had no knowledge of asbestos related cancer until as late as 1964. According to the evidence presented in the text this knowledge, and the company’s apparent attempts to conceal from employees the harmful effects of asbestos exposure, was the basis for several successful lawsuits against the organization.
Though the J-M company began taking annual chest X-rays of plant workers in the 1930’s, and participated in an asbestos study during that same time, there .....
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The Great Inflation
Number of words: 1571 | Number of pages: 6.... the effectively worthless, banknotes in exchange for grain, and food quickly began to run short in the cities. Prices rose one trillion-fold from their pre-war level. More importantly, for the long-term political future of Germany, the middle and working classes saw their savings wiped out. These were, in essence, the people who were later to become the hard-core of the Nazi vote.
Economists will argue that runaway hyperinflation has two sources. Firstly, it arises through a fall in the foreign exchange value of a currency, when an adverse balance of payments reduces foreign investors demand for the currency. A falling exc .....
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Labor Market And Career Planning Trends
Number of words: 449 | Number of pages: 2.... This means that many people that are employed will need to continue their education to keep up with this new technology that affects their jobs. Furthermore, the higher one's education, the better. For instance, college graduates, on average, earn much more than those with a high school degree. With this known, people should consider obtaining the training or education that jobs are looking for.
Job seeking skills and career planning are trends in today's labor market that are more important than ever. With these skills, people are more likely to succeed in the labor market. Career planning not only involves picking a .....
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The History Of Linen Manufacturing
Number of words: 2000 | Number of pages: 8.... Many would spin or weave part-time in addition to their farm or housework. Even with the development of new technology most of the jobs in the linen industry did not need much knowledge and skill. The jobs were highly labour-intensive. The rapid growth of the industry after 1740 was fuelled by the rising supplies of cheap labour in the central manufacturing districts in lowland Scotland and also in the north and south. The industry was employing more and more which increased total output. Even more, individual output was increasing. The industry was able to grow as a result of increased inputs of labour.
Much effort wa .....
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The Shoe Industry
Number of words: 879 | Number of pages: 4.... 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 years. Nike and Reebok are far ahead than the other companies
because there factories are already in the far east, and other companies are
just starting to build them. With Nike's earnings so high it'll be very h .....
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Becoming A Doctor
Number of words: 610 | Number of pages: 3.... Then it's on to medical school, where for four years one learns about
the area of medicine one chooses. After medical school, about one year of
internship is needed. Then he becomes a resident and practice medicine under
supervision of a senior doctor. All together, it is about 11 years before one
actually become an independent doctor.
Doctors will always be needed. Because of this, and because of the
population growth, doctors will always be in demand and the profession will
continue to grow. This way, a doctor will be unemployed less, and will be more
secure, financially.
A doctor can earn from $60 .....
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The Goods And Services Tax
Number of words: 1829 | Number of pages: 7.... the Introduction of a Goods and Services Tax).
The Goods and Services Tax is the necessary change that Australia needs for a new tax reform. Australia's current taxation system is complex, unfair and in need of a quick replacement due to it being out-of-date. The current taxation system incurrs both economic and social disadvantages on the country, the community and the businesses.
The Government proposes to introduce the Goods and Services Tax with a stable and controlled rate levied at 10 percent.As part of the Commonwealth-State agreement this rate will be 'locked in' and the only possibility of chan .....
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