Analyse What You Percieve to Be the Key Demographic...

| Analyse what you perceive to be the key demographic features of British society and its implications to businesses | | | | | | British society is seen to be very diverse in nature, with it often being referred to as a ‘multicultural society’ as a result of different cultures being found everywhere; from religion and race through to the broad class structure. Therefore with Britain being so diverse, the demographic features of British society can play a huge part in whether a business succeeds or fails. This is largely because the social and cultural environment of Britain is constantly adapting and changing making it essential for businesses to have a good understanding of this environment in order to flourish. One†¦show more content†¦This is why in 2004 the Turner Report suggested that changes needed to be made to the pension’s scheme such as introducing a later retirement and increased taxes/NI contributions given to the pension’s scheme. Therefore there are a broad range of implications that this ageing population is having on businesses, as shown with business stakeholders now having to decide how far they should go to ensure their employees receive adequate pensions ie through occupational schemes. There is also the issue of how much input businesses should have in terms of NI and tax contributions as well as attempting to solve issues surrounding age discrimination, so that people have the possibility of extending their working life if they feel it necessary. Britain is well known for having a ‘multicultural society’, which began as a result of the government introduce immigration opportunities after WWII in order to combat labour shortages. The different ethnicities that have since migrated to Britain with the EU expansion and from India, Pakistan etc prefer/generally tend to live together in small communities which can make integration into British society difficult. One impact immigration has had on businesses is that they are required, as a result of the 1976 Race Relations Act, to employ an equal proportion of ethic minorities in their workplace as there are in society to ensure ‘equal

The American Civil War The United States - 1719 Words

Darren Fontanilla Educator Riffel History 111 22 May 2017 The American Civil War The Civil War was the main focus in America s history. The Civil War was determined on what kind of nation it will advance toward, but the American Revolution made the United States. Would the United States continue existing as the greatest slaveholding country on the planet? This was an answer that was left unsolved after the change. The differences between the free and slave states over the liveliness of national government to prohibit enslavement in the areas that had not yet advanced towards to becoming a state is the reason that started the Civil war. To clarify this issue, a man named Stephen Douglas started the influence to make a change. This was†¦show more content†¦The South was country based; however, the North was more mechanical. The atmosphere made it difficult to create crops all year around which is the reason why the North was not so country like. In view of the way that they can t grow much in the North is the reason they did not require slaves. Despite the fact that the South was in desperate need of slaves in light of their production of cash; which was cotton. The North gave equal openings for work to everyone, including African Americans. They weren’t in need of slaves; therefore, they made them a part of their society. The South, regardless, benefitted using the slave work to pick their cotton. Picking what states will be slave states was another issue between the North and South. The North ended up taking control of Mississippi because of the Siege of Vicksburg, which was General Grant s first attempt on striking the South. The South expected to take the war toward the North with Robert E. Lee s power. Taking control of a huge Northern city was his target. He did this in light of the fact to attempt and make Northerners sign a peace settlement, which occurred in Gettysburg. This later prompts the Gettysburg Address. President Lincoln then displayed a talk about showing the correspondence of people. Out of the number of problems between the North and the South, the most basic problem would be their point of views on slavery. The fear that the spread of slavery wouldShow MoreRelatedThe American Civil War : The United States1256 Words   |  6 PagesThe American Civil War The United States wasn’t as united as they would like to be. Over about a ten-year period the United States started to divide into the Confederate States and The United States. This division wasn’t all of a sudden out of the blue movement, many debates brought upon the division and the start of the civil war. The biggest issue between the North and South was the issue of Slavery and what it entailed. The American Civil War was the United States way of figuring out what kindRead MoreThe American Civil War : The United States1621 Words   |  7 Pages The American civil war has been butchered up in many history books, leaving the average American citizen to believe that white American men fought to end slavery. Although slavery did have a bit of influence on the war, it was not the reason the United States went to war. Also white men weren’t the only ones who fought in the war, many black men enlisted and were given awards for their bravery. Through trial and err or abolition of slavery became the latent reason for the Civil War. When LincolnRead MoreThe American Civil War : The United States8725 Words   |  35 PagesThe American Civil War, known in the United States as simply the Civil War as well as by other sectional names, was a civil war fought from 1861 to 1865 to determine the survival of the Union or independence for the Confederacy. Of the 34 states that existed in January 1861, seven Southern slave states individually declared their secession from the United States and went on to form the Confederate States of America. The Confederacy, often simply called the South, grew to include eleven states, althoughRead MoreAmerican Civil War : The United States1910 Words   |  8 PagesAmerican civil war The full name of American is the United States of America.The United States is a young country and The country is the second largest country in the Americas. The United States is composed of many states and many overseas territories and immigrant country with multiplicity in its culture because different nations and ethnics coexist there, which easily arises some social issues, as well as educational issues.The United States experienced the colonial period, the War of IndependenceRead MoreThe American Civil War : The United States6683 Words   |  27 Pages  The American Civil War, widely known in the United States as simply the Civil War as well as other sectional names, was a civil war fought from 1861 to 1865 to determine the survival of the Union or independence for the Confederacy. Among the 34 states in January 1861, seven Southern slave states individually declared their secession from the United States and formed the Confederate States of America. The Confederacy, often simply called the South, grew to include eleven states, and although theyRead MoreThe Civil War : The American Revolution And The Secession Of The United States1472 Words   |  6 Pages Americans before the Civil War came to the United States to acquire self-preservation and to explore the foundation of capitalism. Songwriters such as Stephen Foster, felt the American people needed an image to follow a need for Puritan mentality. Without a doubt, music purposely expressed these movements by the usage of musical lyrics to analyze the discrimination against African American slaves and the secession of the United States, which reflected the turmoil of the separated Puritan communitiesRead MoreAdham Elnashai United States History During the Civil War and the American Revolution Americans1300 Words   |  6 PagesAdham Elnashai United States History During the Civil War and the American Revolution Americans didn’t only have to deal with their national policies, they also had to deal with their international relations with the rest of the countries in the World. The relations with other countries are also known as Foreign Policies. The overseas dimensions reflected onto the Civil War and Revolution Era. In 1861, 11 states seceded from the United States to form the Confederate States of America and overRead MoreThe Second American Revolution: Expressions of Canadian Identity in News Coverage at the Outbreak of the United States Civil War1216 Words   |  5 PagesCanadian Identity in News Coverage at the Outbreak of the United States Civil War. Gabrial’s article is about how the Canadian identity was challenged by the American Civil War. In particular, he argues that Canadian identity is significant in five important themes: the importance of British identity, antipathy toward Americanism and suspicion of American democracy, a well-grounded fear of American militarism, a patronizing sympathy for Americans in crisis and liberal and conservative political threadsRead MoreWars And Changes During The United States Essay1181 Words   |  5 PagesWars and Changes in The United States The United States of American is a superpower in the world. Although it just have almost 240 years’ history, it experienced more than 200 wars. As a saying does, â€Å" Bad times make a good man†, the United States never lack of great leaders. For example, George Washington, Abraham Lincoln, and Franklin Roosevelt were the three well-known presidents in the U.S. history. Additionally, wars and conflicts changed the United States directly and indirectly. ForRead MoreThe War Of The Civil War777 Words   |  4 Pagesinto the Civil War began with the election of 1860. Abraham Lincoln won the election of 1860 without a single vote from the states below the Ohio River. South Carolina was the first state to respond to Lincoln’s election. On December 20, 1680, South Carolina seceded from the Union. South Carolina was the first of the â€Å"Original Seven† who seceded from the Union, including Mississippi, Florida, Alabama, Georgia, Louisiana, and Texas. This became known as â€Å"secession winter,† and these states decided

Carol Shelbys Life free essay sample

When someone thinks of Ford Motor Company, one of the first things that comes to mind is the Mustang. Carroll Shelby revolutionized the world of cars, especially with his work on the Ford Mustangs. Carroll was not only a racecar driver, but he also created racecars and street legal vehicles. He is a member of the Automotive Hall of Fame and the International Motor Sports Hall of Fame, just to name a few, and in 1956 and ’57 was named Driver of the Year by Sports Illustrated. Shelby died March 10, 2012 at the age of 89, and in this speech I hope that I can convince you that he is more than worthy of the prominent place he holds in the history of performance vehicles. While he admitted that his energy and passion for performance were at their peak during his time with Ford, he did some of his most noteworthy work while working independently. We will write a custom essay sample on Carol Shelbys Life or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In 1962 Shelby introduced his Shelby Cobra to the world. This car was like nothing the world had ever seen. It beat out the Corvette at home and the famed Ferrari of Europe. The styling cues came from a pre-existing English car called the AC Ace. Shelby thought ‘what would happen if I tossed an American V8 under the hood of that car? ’. In pursuit of this idea, he went to Ford and made a tempting proposition. He said that if they would give him $25,000 and some management personnel he would build a prototype that would â€Å"blow the corvette off in the weeds†. Don Frey was reluctant to do so but was quoted saying â€Å"maybe we should give him $25,000 before he bites someone† and gave Shelby the requested sum. Ford made a stronger chassis and gave Shelby a number of small block V8 engines. One year later, Shelby’s dream came true. lt;http://www. automobilemag. com/features/news/1205_carroll_shelby_cobra_creator_and_american_racing_legend_dead_at_89/viewall. htmlgt;. The name Cobra came to Shelby in a dream one night. He had been wondering about what he would name the car; his dream-come-true needed a name that said quality, performance, and excellence in manufacturing. One night, half awake, he wrote the single word â€Å"Cobra† on a piece of paper. When he woke up and saw the scrap of paper on his bedside table, he knew that he’d found the name for his new car. In 1963 Shelby made his Cobra to the GT Group III class standards. That month it won at Riverside in California, finishing ahead of the Corvette Stingray. Shelby had made good on his promise; his Cobra â€Å"blew the Corvette off in the weeds†. lt;http://www. youtube. com/watch? v=rqQ6LGpiGY4gt; In August 1964 Ford asked Shelby to build a street-legal, high-performance Mustang to compete against the Corvette in SCCA-B production road racing. By September, the first Mustang GT 350 was created. This car had a functional hood scoop with a 306 horsepower V8 with suspension upgrades, Koni shocks, rear traction bars, and a regular laundry list of race-ready features. In ’66, Hertz rent-a-car purchased 1,000 of these GT350s and started a ‘rent-a-racers’ campaign. In 1968 the name Cobra was resurrected and used on a Shelby Mustang, and GT500KRs were created. The â€Å"KR† stood for â€Å"King of the Road†. Unfortunately, Ford discontinued production of Shelby Mustangs in the year 1970. In 1963 the opportunity of a lifetime came knocking at Shelby’s door. Henry Ford tried to purchase Italy’s famed Ferrari from owner Enzo Ferrari, but was sent packing. Needless to say, Ford was more than a little put out. He presented a blank check to Shelby and two other engineers telling them to build him a car that would knock the tires off of Enzo’s baby. By 1964 Shelby had done just that. Enter the Ford GT40. Three of these GT40s raced in 1964 24 Hours of the Le Mans, but none finished. Ford demanded more, so Shelby made the decision to install a 7. 0 liter stock engine in the revised GT40s. Enter the Mark II GT40 performance era. In two seasons, the new GT40 became a strong contender on the track. In fact, this improved Mark II won the 24 Hours of the Le Mans 4 years straight, from 1965 to 1968. The ever-dissatisfied Ford was appeased; he had a gold, silver, and bronze medal to hang on his wall. This car has frequently been called the finest vehicle ever produced by Ford. lt;http://www. cobragt40. co. za/cobra. htmgt; Like all the greats, Shelby died doing what he loved. His last car was the 2013 Shelby Mustang which sports an impressive 662 horsepower and 631 foot-pounds of torque. It is the most powerful V8 vehicle currently on the public market. Shelby passed away at the age of 89 on May 10, 2012 in Dallas, Texas. He left his mark on the world of racing and high performance vehicles with his devotion to the best and only the best. The name Shelby still says quality. The name Shelby still says excellence. The name Shelby still says, â€Å"the best and only the best, no compromise†. Carroll Shelby was a true visionary, and as long as his cars are on the road his name lives on. lt;http://media. ford. com/article_display. cfmarticle_id=36500gt;.

The Importance of Physical Training free essay sample

The Importance of Physical Training Physical exercise is important for maintaining physical fitness and can contribute positively to maintaining a healthy weight, building and maintaining healthy bone density, muscle strength, and joint mobility, promoting physiological well-being, reducing surgical risks, and strengthening the immune system. Exercise reduces levels of cortisol, which causes many health problems, both physical and mental. Physical exercise is any bodily activity that enhances or maintains physical fitness and overall health and wellness. It is performed for various reasons including strengthening muscles and the cardiovascular system, honing athletic skills, weight loss or maintenance, as well as for the purpose of enjoyment. Frequent and regular physical exercise boosts the immune system, and helps prevent the diseases of affluence such as heart disease, cardiovascular disease, Type 2 diabetes and obesity. It also improves mental health, helps prevent depression, and helps to promote or maintain positive self-esteem. Health care providers often call exercise the miracle or wonder drug† providing a wide variety of proven benefits that it provides. We will write a custom essay sample on The Importance of Physical Training or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Frequent and regular aerobic exercise has been shown to help prevent or treat serious and life-threatening chronic conditions such as high blood pressure, obesity, heart disease, Type 2 diabetes, insomnia, and depression. Endurance exercise before meals lowers blood glucose more than the same exercise after meals. According to the World Health Organization, lack of physical activity contributes to, heart disease, diabetes, falls in the elderly, breast cancer and colon cancer. There is some evidence that vigorous exercise is more beneficial than moderate exercise. Some studies have shown that vigorous exercise executed by healthy individuals can increase endorphins, increase testosterone and growth hormone, effects that are not as fully realized with moderate exercise. Not everyone will benefit equally from exercise. There is tremendous variation in individual response to training; where most people will see a moderate increase in endurance from an aerobic exercise, some individuals will as much as double their oxygen uptake, while others can never augment endurance. However, muscle hypertrophy from resistance training is primarily determined by diet and testosterone. This genetic variation in improvement from training is one of the key physiological differences between elite athletes and the larger population. Studies have often shown that exercising in middle age leads to better physical ability later in life. A number of factors may contribute to depression including being overweight, low self-esteem, stress, and anxiety. Endorphins act as a natural pain reliever and antidepressant in the body. Endorphins have long been regarded as responsible for what is known as runners high, a euphoric feeling a person receives from intense physical exertion. When a person exercises, levels of both serotonin and endorphins are increased. These levels are known to stay elevated even several days after exercise is discontinued, possibly contributing to improvement in mood, increased self-esteem, and weight management. Exercise alone with is a potential prevention method and or treatment for mild forms of depression. Also scientific research suggests that exercise generally improves sleep for most people, and helps sleep disorders such as insomnia.

Globalization Essays (1677 words) - Cultural Geography, Capitalism

Globalization So here we are. It's 2001. The cold war has ended. There are technological advances every day. The world is connected by the Internet. Previously sheltered countries are now able to see what is going on in the rest of the world. And the rest of the world can see what is going on in those countries. Ideas are bounced around as if in a pin ball machine. People in India, Pakistan, Israel, Germany, etc.? know what movie stars and fashions are popular in America, Great Britain, France, and Japan. However, they get more than just movies and fashions. They hear about issue debates, political struggles, agricultural problems, national budget deficits, and changes of power in government. Almost every aspect of life in almost every country is an open book. People in South Africa and other places where government is challenged have heard of or seen the way democracy works in other countries. Third world countries get aid from super power nations. But they also end up getting a large dose of someone else's nationalism. This trend has been termed globalization and is generally considered a good thing. People can imagine a future without poverty and violence where almost everyone is happy and those who are not can do something about it without starting a war. The world is still far away from this utopian goal, but we are getting there slowly. I believe that one of the manifestations of globalization is the sense of a global society. The idea that the Internet presents a free marketplace of ideas is prevalent and makes a good example for what I wish to explain. Someone (person A) lives in Canada. Person A has a great idea for a business. He emails a friend of his in the United States, person B. Person B likes person A's idea and they become partners. Through the Internet, they are contacted by potential investors in Denmark, Japan, Thailand, and South America. Person A and person B use the Internet to send a business proposal to the potential investors. The potential inverters like the proposal and agree to meet persons A and B in person to draw up a contract for shareholding rights and operations costs. Thus the free market place of ideas represented by the Internet has once again allowed people from around the world to connect and create a partnership. This happens every day on a larger scale in our globalized world. Small countries form alliances with larger ones that are thousands of miles away. For example, after WWII, Japan agreed to let the U.S. take over its naval operations. So now Japan is a technological country and America's navy protects it. Also in this exchange, Americans are exposed to Japanese culture and the Japanese are exposed to American culture. This exposure happens all over the world every day. Some people are concerned that this exposure to a different culture will greatly affect or even alter the culture of another country. Others see globalization as a simple melding of the local and the global aspects of life in every country. In the world today, global society and local society seem to have overlapping boundaries, making the lines between them blurry. Is the blurring of these boundaries a problem? This is the question we must answer in order to grow in our new global society. Those who see globalization as an intrusive process, believe that globalization is a manifestation of cultural imperialism. Dezalay (1990) said that, Globalization is for the most part an Americaization (p.281). People like Dezalay believe that globalization is in fact Europeanization or Americanization, and that it threatens to overwhelm or completely bury the cultural norms and values of other countries. Chuang (Communication and Global Society) said, The Americanization of a global culture via technology and mass media might lead to political hegemony, cultural imperialism, and intellectual colonization, and consequently diminish local identity (p.19). A good example of cultural imperialism is the 18th and 19th century idea of the British regarding their worldwide territories. When the British colonized America and India, they believed they were superior to the native Indians in both places because the Indians did not speak the King's English and had strange habits and

Similarities Between The Two Political Parties †Political Science Essay

Similarities Between The Two Political Parties – Political Science Essay Free Online Research Papers Similarities Between The Two Political Parties Political Science Essay The way our nation mourned the death of Ronald Reagan has not been seen since Kennedy’s untimely death. The number of people which paid their respects was astonishing and unforeseen. When we reflect on Reagan’s time in office, one word comes to mind. That word is â€Å"conviction†. It does not matter to us today if we agreed with Reagan’s policies. What mattered was he was the last president that stood for something. This is what we remember and respect. Since his tenure, we have had a president that wanted Americans to read his lips not his actions. Then he lost to a man which won the election with less than fifty percent of the vote and four years later, the man was re-elected with less than fifty percent. Then there was the 2000 election. Most people saw Florida as a fiasco, but the real fiasco was the candidates themselves. We had a compassionate conservative running against a moderate liberal, and their shared indecisiveness made Florida and the general election a fiasco. The Democrats and the Republicans presented candidates to entice moderates and the outcome was indecisive voting. Americans do not want to admit it, but mos t of us are moderate. People lean to the left on some issues and to the right on other issues. Any excessive opinions are usually rhetoric that is used to get attention. Even though Democrats and Republicans have many differences, they do not act their differences for fear of alienating voters resulting in indistinguishable candidates and a low voter turnout. There are vast differences between Democrats and Republicans in ideology, but they both lack confidence to act. In the article, â€Å"Public Participation and the Erosion of Democracy† Ralph Nader writes, â€Å" In eight years under Clinton/Gore, the Occupational Safety and Health Administration didn’t issue one chemical toxin control standard†¦.They gave a free ride to the nuclear industry, including not proposing any fuel efficiency standards improvements in eight years† (Public). The lack of toxin control, a free ride to the nuclear industry, and no fuel standards are what a Republican would do. The Democratic platform is pro-environment and pro-labor, but Clinton did not have the fortitude to enforce his party’s platform. The possibility of alienating a section of the voting public fueled his reluctance. In an interview with Steve Kopp, a reporter for The Plain Dealer’s Washington Bureau, he talks about tort reform and how Republicans in th e House got a bill on tort reform passed. Unfortunately, the Senate Republicans will not push this bill instead they have their own bill that has a lot of extras tacked on giving it no chance of passing. They do not want to upset any of their colleagues in the private sector which might be able to sue McDonalds when people spill coffee on their lap. Tort reform laws have been a major issue for the Republican Party; in addition, labor and the environment issues has been the same for Democrats, but their lack of action is a self-preserving tactic for re-election. In an attempt to expand their electorate, candidates modify their positions. Merill J. Adams writes, â€Å"As the Democratic candidate moves in the positive direction (to the right), he draws support away from the Republican candidate in the region near the midpoint between the two candidates† (Journal).This approach is used on both sides to centralize a candidate. According to Martin P. Wattenberg’s findings in his book The Decline of American Political Parties, from 1952- 1980, â€Å"The proportion of voters reporting that hey have voted for different parties in presidential elections has risen from 29 to 57 percent† (20). This strategy works, but the title of his book hints at the result. Wattenberg writes, â€Å"The growth in proportion of the ‘no preference’ response can be most plausibly interpreted as another indication of the declining salience of political parties in the American political process†¦Ã¢â‚¬  (Decline 49). When a candidat e centralizes his or her views, he or she loses distinction. Consequentially, voters are left with candidates with no conviction towards any issue, and voters have less enthusiasm for voting. Because candidates are indecisive in their political idealism, the outcome is a lower voter turnout. In his book, Where Have All the Voters Gone? Wattenberg writes, â€Å"The psychological approach has further identified the problem to be primarily one of a lack of motivation to vote, particularly stemming from party decline† (67). When political incumbents and challengers centralize their message, potential voters see this as voting for the lesser of two evils. Our recent presidential elections show that the candidates’ indecisiveness was reflected on the election results. When Bob Dole spoke at the 1996 Republican convention, he only mentioned his party twice, he did not mention the Democrats, and he made only a slight reference to his career as a Republican Senator. When Bill Clinton spoke at the Democrat’s convention, he used a similar strategy (Decline 221). Dole and Clinton down-played their party affiliations to further their centralized message, and as a result, a low turnout and minority vote won the election for Clinton. The first two presidential elections in 1960 had a turnout percentage of 62.4 percent; conversely, the two most recent elections had a turnout of 50.1 percent (Where 28). Wattenberg gathered the voter turnout data from the International Institute for Democracy and Electoral Assistance, and it illustrates the percentage of people that actually want to vote has declined. There is evidence to support that a low voter turnout can be linked to how hard it is to vote. Wattenberg writes, â€Å"It is reasonable, I believe, to infer that if voting is difficult for some of those who manage to vote that others must be discouraged from casting a ballot due to the complexity of the task† (Where 142). Regardless of the candidate’s message there is still stanch partisanship, and it is the driving force behind our democratic process. To deny it would be futile. From an article in the New York Times, John Tierney writes, â€Å"As moderates have become an endangered species in Congress and in state legislatures, the parties’ ideological divisions have deepened, and voters have realigned in response† (4.11) Those of us from working class families remember our parents view on political parties, and they were always distinctive. During the 1970’s, the general consensus was that Republicans were for the rich, and Democrats were for eve rybody else. This view has not changed a great deal, and party leaders are wise to these ideals. The tendency to be indecisive has taken a turn recently, and partisan attitudes have increased. It is an election year, so members of Congress need to strengthen their allegiance to their parties in order to maintain their campaign support. Steve Kopp says, â€Å"Most members of congress are moderates [but] there is no bipartisanship today†. Although he believes the majority in Congress is moderate, he acknowledges they have drawn proverbial lines in the sand to insure their position. John Tierney explains Congressional strategy he writes, â€Å"The only threat to incumbents comes from within the party, forcing them to appeal to partisan voters who dominate primaries† (4.11). They need to show their loyalty to insure campaign support in primary elections. The major issues of the day like the Iraq war have polarized the nation and its leaders. As a result, this upcoming elec tion will be a decision on decisive ideals and issues more than the recent past, but what will the winner of this election actually do? The two major parties in American politics have distinct differences, yet they do not decisively employ their diversity for significant change. They would rather use a self-preserving approach, or try to appeal to the broadest range of the electorate. The effect is they become impossible to differentiate, which has a negative consequence. The decline of voter turnout in recent times is the result of similar candidates representing each party. People have been voting for the lesser of two evils until this election year, and the promise of diversity between the candidates is a positive step. It is about time we have something we can truly stand behind or completely oppose. Those of us that promote voting and see it as a civic duty finally have solid issues that they can use to entice the voting public. All we need now is a leader that will follow up on the ideals that wins the election. Someone that stands up for his or her beliefs, bravely conveys those beliefs, and calls out adversity. Imagine going to vote without it feeling like a burden of some kind, but a chance to really feel like you are making a difference instead of an agonizing status quo. Work Cited Adams, J. Merill. â€Å"Voter Turnout and Candidate Strategies in American Elections.† Journal of Politics 65.1 (2003) Kopp, Steve. Telephone interview. 7 July 2004 Nader, Ralph. â€Å"Public Participation and the Erosion of Democracy.† Humanist 64.1 (2004) 20-25 Tierney, John. â€Å"A Nation Divided? Who Says?† New York Times 13 June 2004, late ed.:4.11 Wattenberg, Martin P. The Decline of American Political Parties, 1952-1996. Cambridge: Harvard United Press, 1999 Where Have All The Voters Gone. Cambridge: Harvard United Press, 2002 Research Papers on Similarities Between The Two Political Parties - Political Science EssayQuebec and CanadaMoral and Ethical Issues in Hiring New Employees19 Century Society: A Deeply Divided EraPETSTEL analysis of IndiaNever Been Kicked Out of a Place This NiceCapital PunishmentTwilight of the UAWAppeasement Policy Towards the Outbreak of World War 2Bringing Democracy to AfricaThe Effects of Illegal Immigration

Economic growth of Japan after 1945 Term Paper Example | Topics and Well Written Essays - 1750 words

Economic growth of Japan after 1945 - Term Paper Example The net national savings (NNS) of an economy is calculated from the difference between its gross national savings (GNS) and the rate of depreciation of the capital stock of the economy (Depr). NNS= GNS – Depr. Figure 2: Falling Savings in Japan over Time (Source: â€Å"World Bank†) In the above line diagram, the pink line clearly shows the fall in the net national savings rate in Japan over time. The real interest rate is the rate of interest which is experienced by an investor in the market after compensating for the loss from inflation. The real interest rate (R) is calculated on the basis of the Fischer’s Equation. This equation explains that real interest rate is the simple difference between the nominal interest rate (N) and the inflation rate in an economy (I). R= N – I. The inflation rate for an economy is again calculated from the consumer price index (CPI) of a country. CPI is the simple average of a particular basket of goods and services produce d in nation. I = [CPI(this year) – CPI(last year)] / CPI(last year) (Baumol and Blinder 77). Figure 3: Real Interest Rates of Japan over Time (Source: â€Å"World Bank†) The above graph explains the real interest rate in Japan over the years. The entire quantitative data for the purpose of the research in this paper is taken on annual basis. The data table for the above line graph is given in Table 1 in the Appendix. Solow Model Analysis The Solow Model of growth is based on the concept of long run economic progress within the framework of neo-classical growth model. The neo-classical concept of growth states that a country can grow rapidly over time with the help of capital accumulation, population growth, technological progress and productivity. Figure 4: The Solow Model... According to the view of the neoclassical economists, the technological progress seen in the economy of Japan should have facilitated the growth of its national product. Moreover, the technological progress in the country should have reduced the use of labor in its economy. However, this is not the real scenario in Japans economy. The service sector income of the country contributes to the majority of its national income. In the last few years, Japan also had to face a severe decline in its national income, net domestic savings and real interest rates. This is because, in the real world, the idealistic view of endogenous growth does not exist. The crises of credit and fluid capital in the market have reduced the level of national income in the economy of Japan (Paul 47). The fall in the level of production capabilities has forced to reduce the national income of most of the countries (like Japan) in the world after the global recession. The decline in the national income has, therefo re, resulted in a fall of the per capita income level of the country. The fall in the income level is in turn responsible for the decline in the net domestic savings in Japan (Mankiw and Taylor 132). As the gross amount of savings in Japan has fallen over time, the number of investment opportunities in the country has also declined. After the emergence of globalization and liberalization in the world economy, the prices of most of the goods and services in the market are determined by the free market forces of demand and supply.