1. The GI Bill provided educational opportunities to many young men returning from military service. Using a production possibilities curve, demonstrate how the GI Bill affected economic growth and explain your answer. The GI Bill was an investment in human capital to increase many young men’s future earning power. An education will directly impact the production possibilities curve because an educated person will be able to use their skills to aid the overall economic growth.
Berry: “Well, Chuck, you can’t expect forecasts to be always on the button. The money is one thing, but what else can you tell me about Hervey’s rational for putting more dollars into consumer advertising?” (Kerin & Peterson, 2010, p. 301). Bates:”…increase our exposure and tell our quality and styling story to the buying public—increase brand awareness, enhance our image, that sort of thing. He also cited industry research
JFK’s Inaugural Address John F. Kennedy was America’s 35th president and was admitted into office in 1961. His inaugural speech was given in January 20th, 1961. Like any other inaugural address, his speech was meant to give America faith in him and what he hopes to accomplish while in office. JFK’s main points were his goals and how he planned to achieve them; the end to radical equality, loyalty to friendly countries, the support of freedom, working towards peace rather than war, space exploration, and much more. The way JFK structures his speech was in an order that made out the problems first and then saying the solution afterward to give that insurance that it could be done.
Taking Sides: Is Bigger Government Better Government? Introduction to American Politics, Professor J. Carter Written by Adam Raymond In “Taking Sides, Issue 3”, humanities professor Jeff Madrick surveyed the numerous government interventions in the economy since the end of World War II and concluded that they have been essential to America's growth and well being. ““Bigger government could create more jobs and more money in additional sales, and has also had a positive effect on the education system.” Madrick continues: “Better education leads to less crime, less need for special education programs, and less need for welfare.” Madrick believes that government regulation can “make economies work better...reduce corruption, monopolistic pricing...[they] can temper financial speculation which distorts the flow of capital toward inefficient uses” (p.42). “When done well, regulation keeps competition honest and free, enables customers to know and understand the products they receive, and foster new ideas” (p.43).” Madrick continues to summarize many other points, stating, “Government is needed to make some things a standard across the board”, such as public water system, railroads, and the highway system. He continues by stating the National Institute of Health has been expanded due to government backing that “accounted for high proportion of medical breakthroughs.” He further illustrates this point citing the Department of Defense, and how Federal money in the 1960s eventually helped create things like the internet.
The Pinnacle of Liberalism: Johnson’s Great Society Liberalism is based on an ideology of social freedoms and human rights and tolerance. 1960’s Liberals were united in their opposition to McCarthyism. President Lyndon Johnson’s message on the 1964 Civil Rights Bill stated, “We are engaged in a great adventure--as great as that of the last century, when our fathers marched to the western frontier. Our frontier today is of human beings, not of land.” John Gardner became the Secretary of Health, Education, and Welfare and the architect of President Johnson’s outline of social reform known as the "Great Society." The pinnacle of liberalism was the formation the Great Society and the genesis of copious social programs and acts that changed America.
Signed into law on 2 July, 1862 by the then President Abraham Lincoln, the Morrill Act was a significant boost to higher education. The Morrill Act, which is also known as the Land Grant Act, was sponsored by Justin Smith Morrill, the congressman for Vermont. The Act gave each state 30,000 acres to provide institutions of higher learning that would educate people on mechanical arts, home economics, agriculture and other professions practical at the time. The states were to dispose of the land and then us the proceeds to fund the public colleges. The following is an excerpt from the Acton how the land was to be appropriated.
Progressivism is a kind of reform movement which tries to increase society’s prosperity, bring to modernism, innovation and increase the social justice. As Brinkley said “Progressivism created a remarkable period of political and social innovation.” (Brinkley, p 519) People, who defended this movement, are called Progressive, and they have lots of common features like coming from privileged backgrounds, being from towns and cities, having college educated, having a
American Imperialism in the Nineteenth Century As a growing nation, the United States felt the need to continue expansion for the benefit of all citizens. Territorial development allows for growth in population and natural resources to produce goods and supply services for prosperity. To acquire or control territories, forcible means would sometimes be used, otherwise known as imperialism. This paper will describe imperialism more intently. Advantages of imperialism will be discussed, as well as some of the disadvantages.
Article Analysis- “Revitalizing the American Dream” “Revitalizing the American Dream”, by Adam Bluestein and Amy Barrett is an article from “Inc.” magazine that gives some ideas for boosting the amount of small businesses formed in America each year. In this analysis I will cover the three ideas that I think are the best, and give reasons why I like them. With unemployment being such a major concern in America, and small business being the source of most job creation, entrepreneurs are vital to the health of our economy. The three ideas from the article that I like the most are: “Our education system should foster entrepreneurship among the young”, “Reward innovation through business-plan competitions”, and “Take entrepreneurship out of the business schools.” The first of my favorite ideas mentioned in the article is about fostering entrepreneurship in our young through the educational system. As long as I can remember I have wanted to be my own boss.
Hamilton’s theories on the American economy were commonly respected and accepted as valid. American leaders recognized that expanding the workforce was the fastest way to get the economy up and running. Especially the incorporation of immigrant workers was a leap towards industrial efficiency. Hamilton foresees they “would probably flock from Europe to the United States to pursue their own trades or professions, if they were once made sensible of the advantages they would enjoy”. Immigrants were optimistic; after all, they had chosen to attempt an American adventure and wanted to live the American dream.