They work to stop discrimination against disabled people, men and women and people from different races and cultures. They also want to make sure peoples human rights are respected. Human rights are about how we treat each other, they are about: respect, freedom, equality, dignity and fairness. Human rights include: The right to life - this means that your life is as important as anyone else’s. The right to respect for private and family life - this means the right to live as a family.
These initiatives are very important to society and towards health and social care sector as it ensures that each individual is treated equally and that there is no inequality created between individuals no matter what race, colour, gender, age, culture, disabilities, social class, cognitive ability or health status they may be. What is a national initiative? These come under the sector of anti-discriminatory practices where they overcome discrimination if it takes place. There are three main national initiatives which cover anti discriminatory practice they are; Conventions, legislation and regulations. Code of Practice and charters as well as, the organisational policies and procedures.
This is because if the government decides to increase taxes then the general public would have less money to spend on the electronic equipment. This would then affect on my profit margins as I will have to keep reduce the prices of the products so that I don’t lose any customers of my
Unit 304 2.1 While working in care, the aim is to give the best possible standard of care to service users, but sometimes there can be a conflict beetween the individual’s or their family’s wishes and rights and the duty of care. In this case the most important thing is to decide whether the person is aware of the risks and consequences of the decision and has the capacity to make the decision. Before taking best interest decisions I have to make sure that the person definitely lacks the capacity. The person or their next of kin has an overall right and responsibility in decision making for issues relating their care, and I need their consent to deal with certain issues. When a dilemma arises, my responsibility is to support individuals or their families to make informed choices.
This profit margin made the risk worth taking for many, resulting in the government losing money due to be not paying duty tax. Pitt saw this problem and decided to reduce the level of duty tax of these products, in the Commutation Act of 1784. In addition, he also amended the Hovering Act of 1780, meaning that officials could now search ships, therefore making smuggling a lot more difficult. Furthermore, to encourage legitimate trade, Pitt introduced ‘Bonded Warehouses’ which allowed legitimate traders to store their goods in these warehouses tax-free as long as they were planning to export these to another country. Although the problem of smuggling had to be overcome, exportation in Britain was booming.
Both buyers and sellers are worse off when goods are taxed (Mankiw, 2008). Corporate Level Taxes Corporate level taxes are explicitly designed to reduce the firm’s input prices which consequently reduces the output prices, this is of utmost importance in discount retailing industry where the strategy is based on price, in fact Jennigs, Weaver and Mayew (2012) points out that consumers are the primary beneficiaries of lower corporate tax rate and the reverse will be true, an increase in corporate tax rate limits industry participants ability expand and seize economic opportunities. Personal Taxes Taxes levied on individuals and household reduces disposable income which threatens the level of consumer spending within the industry,
The question we all as taxpayers should be asking is whether or not we will see a good return on our investment. The Democratic proposal is a bit more negotiable since the taxpayers would at least own an equity interest in these companies. However, even that modified plan seems too expensive and way too intrusive. We should consider alternative plans that are not quite as intrusive to market mechanisms such as the Lindt plan. The Paulson plan also seems to signal a dangerous shift away from liberal market mechanisms into an age of neo-mercantilism.
To begin with, raising the tax will bring in more money to the government from since demand is inelastic for cigarettes and people will keep on buying them. The extra amount of income could be used to help the well being of the country and to provide more public goods. Also, cigarettes are a demerit good, a good which is considered unhealthy or damaging in some and can be physically harmful to the consumer and other surrounding, so when price increases, demand will fall. Even if it is a small fall in demand, it is most likely to be for the young smokers to demand since they have less income than adults. If more young smokers quit, the healthier the next generations will be since smoking is a main reason behind a lot of health issues including lung
A result of tariffs on imported goods was that the exporting country would retaliate by imposing tariffs on imports. This would lead to a game of “one-upmanship”, with tariffs inching ever-higher, eventually leading to either a drastic reduction, or even cessation of trade. This choking of international trade eventually depressed world demand, and led to the Great Depression of the 1930s (Hill, 2009, p. 11). After World War II, the leading industrial nations decided to reduce or eliminate restrictions to free trade. One outcome of this effort was the General Agreement on Tariffs and Trades (GATT).
When the government prevents prices from adjusting naturally to supply and demand, efficiency is improved in the economy. ANSWER: F TYPE: T KEY1: D SECTION: 2 OBJECTIVE: 7 RANDOM: Y [cxviii]. A market economy cannot possibly produce a socially desirable outcome because individuals are motivated by their own selfish interests. ANSWER: F TYPE: T KEY1: D SECTION: 2 OBJECTIVE: 7 RANDOM: Y [cxix]. While the invisible hand cannot guarantee efficiency, it is better at guaranteeing equity.