The wealthy businessman believed that wealth ought to have been shared among people and could be most readily shared through families leaving their money to their descendants, spent on public projects, or simply administered during the lives of the wealthy themselves. He felt that the rich had only made their moneybecause of other people, and in the end ought to reimburse them and the public rather than squandering away their fortune. By using this method, in the end the wealth or property of one would become the wealth of many, and the sharing of this money would better society and perhaps civilization. Andrew Carnegie concluded that it was the job of the wealthy man to set an example of living and spending for his descendants in order for their wisdom and experience to be passed down and to do what they could
Negative: Kind of Profiteers will be at a lower price to buy local art goods sold at a higher price abroad, it makes a huge difference prices between in Indian art of local and international market. Identify the 5-forces of the industry environment. How is Saffronart.com positioned relative to each of them? Art industry is profitable, because most forces buyer power, supplier power, threat of new entrants, the threat of competition, the lower the threat of substitutes. Low and medium buyer are some of rich people who are consider they are social status among elite individuals of social important.
With the opportunity for profit, the merchants that made the trip also had a chance to make a substantial salary, and even make a fortune from being an entrepreneur. Many of the merchants were from the home country, which in turn spread the capital in the wrong places. When there was a gross profit, it was eventually sent to Amsterdam and other places, drying out the capital needed to expand and be prosperous. Many merchants would outbid their neighbors and barely break even, which lead to trading amongst themselves in various forms. This type of trade eventually led to the abandonment of the trade monopoly the West India Company, and opened the area up to other merchants.
From Pearson, “Let us suppose we could prevent the white man, if we liked, from going to lands of which the agricultural and mineral resources are not worked to the full; then I should say a thousand times better for him that he should not go than that he should settle down and live alongside the inferior race”. From this excerpt, we can see that one reason for countries to start colonization is because of to utilize the natural resources of the earth better and with more efficiency. Also, the intervention of the colonial power were to bring “free markets” and trade-routes for their
Low brow entertainment was at an all time high and it was never more publicized. Talk shows like Geraldo Rivera, Ricki Lake, and above all Jerry Springer thrived during the decade. Any sort of level of decency had been shattered and it was a free for all. Commercializing all events no matter how unfortunate separated the 90’s from other generations. It had never been possible to keep people posted with copious amounts of meaningless bullshit, but with the advent of the internet, marketers soon found a larger platform to entertain the masses.
A single factory might hire thousands of workers. These jobs brought people to the cities. Third, the factory system allowed ordinary Americans to own all kinds of things. There were more goods to buy, and they became cheaper as methods of manufacturing continued to improve. For example, the first cars were so expensive that only rich people could afford to buy them but cars became cheaper when Ford invented the moving assembly line and the work went faster.
Competitive sports: the most universal activity throughout the world, and possibly the universe. All sports have their loyal fans, who stick with them through the good seasons and the bad, the trophy-raising dominating seasons and the worst in the division seasons. However, obviously not every team can win their leagues championship every year, and mostly many teams go years upon years without winning some hardware. Years ago, teams with the best records that won championships typically generated the most income and revenue and would draft and buy the best players, therefore creating dynasties and would give other teams no chance of winning. In the recent years professional sports leagues have fixed this problem by creating what is known as
ANWR: To Drill or not to Drill? Personally, I enjoy driving. I believe I can speak for most citizens of the United States of America when I say that driving is a favorite freedom and privilege. The problem with this is that it gets pricy, and for some less fortunate people gas prices are just too high. The main reason that prices are so high is that it foreign oil is extremely costly to secure and to maintain.
But a realistic view would be to bring the two classes closer. How we can achieve this, is an indirect way of a ‘trickle down’ system. First, congress would have to discuss and approve a wealth cap system. What a wealth cap would do, is limit the amount of cash the top 1-10% of the population has. Many eccentric millionaires, such as athletes, or movie stars, earn more than they can spend.
Plano tends to have one of the highest median incomes of any city in the United States along with a population of 200,000. Yet people tend to stand oblivious to the reality of the low class people. Plano houses many families in deep financial need. A lost job can easily move a family from an extravagant lifestyle to the streets in a flash. There are, however, benefits people can reap through this crisis.