Evaluate the implications of US industrialization in the period 1919-1929 The impact of industrialization was that it changed the US society by directly impacting the US economy during the period 1919-1929. It can be argued that industrialization had both a positive and negative impact on US society. On a positive note, the nature of industrialization created the economic cycle of the 1920’s as well as built up the strength of the economy making the US the financial leader of the world. However, historians may argue that industrialization had a negative impact on the US, in that it created economic imbalances and created instability and unsustainable structures on which the US economy was based upon. During the period 1919-1929, industrialization had a positive impact on US society by improving the standard of living and working conditions for many Americans.
(21 marks) The massive increase in productivity and the technology of modern society’s resources, in more developed countries, have created new risks. Many of these risks involve harm to the environment and its consequences for humanity, such as global warming caused by greenhouse gas emissions from industry. Green crime is seen as a global crime because it is harm done to other species or aspects of the environment such as the air, water supplies, the ocean and the rainforest are increasingly seen as impacting negatively on the quality and future of human life wherever it is in the world. Also, It is carried out by powerful interests particularly TNCs with the corporation of nation states and local wealthy elites which another reason why it is a form of global crime. A more radical approach to green criminology starts from the idea of harm rather than criminal law.
Why and How the Progressive Movement Emerged The Progressive movement was one which called for the greater regulation of businesses and the safeguarding of safety and rights for workers. Much of the reform called for was a direct response to the conditions and injustices created by the rapid, unregulated growth of the Gilded Age. Early progressives rejected the Social Darwinism philosophy. In other words, they were people who believed that the problems society faced could best be addressed by providing good education, a safe environment, and an efficient workplace. Much of the Progressive movement occurred coincidentally due to Immigration, Industrialization, and Urbanization.
Monetary policies influence and are influenced by international developments, including exchange rates, and based on these market conditions the U.S. government can make strategic changes to these policies to maintain the country’s economic stability (full employment, stable growth and price stability). For example if Federal Reserve actions raised U.S. interest rates, the foreign exchange value of the dollar generally would rise. An increase in the foreign exchange value of the dollar, in turn, would raise the price in foreign currency of U.S. goods traded on world markets and lower the dollar price of goods imported into the United States (Federal Reserve, 2005). By restraining exports and boosting imports, these developments could lower output and price levels in the U.S. economy and control or lower
To increase their taxes would be appropriate and this would be stream lining taxes at a time when the economy needs a boost. The Keynesian economists would look at government spending as a means for the government to stop the little growth the economy has had and is to have. The government spending would make it so the people would not have the money to spend within the states and they would have to go without needs and desires. This in turn would be the money that could be used within the economy.
The reason for why governments in developing countries sometimes are unable or unwilling to implement polices that create favorable conditions for economic growth boils down to two main reasons: social issues and political issues. Political issues are just as multifaceted as the social issues. Due to corrupt governments and regimes the lawlessness spreads throughout the developing nation like wildfire. Political issues revolve around the basic needs of a nation such as simple, yet, necessary infrastructure of schools, hospitals, septic tanks, etc. The necessity of public goods is vital for a developing country to survive, maintain, and become what we consider today, a developed country.
I do not agree with her as well on raising the bank reserve requirements as it can restrain lending from banks and as a result it will shrink the economy growth. After analyzing my colleagues’ recommendations, and as the president’s senior economic advisor, I recommend the following: * We should lower income taxes. This shall increase the aggregate demand as the consumer disposable income will increase, which leads to an increase in the consumer spending. If the consumer spending increases, it will bring back up the flow of business and operations which means more jobs opening in the market and low unemployment rates. * Lowering banks’ interest rates.
Aggregate demand is defined as the total demand in the economy. The importance of managing aggregate demand in order to bring about a sustained reduction in unemployment depends on your economic view. There are two schools of thought who both have different views on how to reduce unemployment: Keynesian economists and Monetarist economists. Keynesian economists believe that increasing aggregate demand in order to stimulate higher output of goods and services, then leads to an increase in employment. In contrast, Supply side economists believe that unemployment is caused by the supply side of the economy not functioning properly.
The DREAM act benefited the country not only politically but also economically. In other words, the DREAM act bill helped improved country’s economic conditions and prepared it for the global economy. However, some people think that immigration is increasing poverty in the United States. Graham Matthew states that “Immigration
Opacity is not a clear and precise measure of how many pollutants are released, which is unfortunate for it is the measurable standard accepted. The Environmental Protection Agency introduced a more environmental conscious pollutant matter standards requirement that protects public health and requires a secondary tier in detecting visibility and measurements of such dangerous particles that was revised as currently as June 2012, (www.epa.gov). Also in 2006 the federal government required that newer power plants have continuous emissions pollutant measurements, (www.environmentmd.org). In 1970, The Clean Air Act was signed to foster economic growth while improving human health and the environment, (ww.epa.gov). Progression has indeed improved in air quality since the Clean Air Act was signed into law, however air pollution remains a threat to public health