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  • Equity In Dairy Industry

    Equity focuses on the distribution of resources in an “equal” and fair way amongst the members of a society. Efficiency, is defined as the optimal production and allocation of resources. While at first glance, these terms may be hard to grasp, if you take a look at the Canadian dairy farm industry, you will see a great example of how these terms unfold in reality. It illustrates the outcomes of the market when each is in play. To glean a closer look at the effects of efficiency and equity on market outcomes, let’s examine these two terms a bit closer, illustrate them within the Canadian dairy industry and then refer to the article, “Why Canadian dairy farmers are worried about the Trans-Pacific Partnership: We could go out of business” in the Financial Post’s online journal dated July 28, 2015 and written by Damon Van Der Linde. While a well-functioning efficient market produces favorable outcomes, it is difficult to also achieve equity. Mainly because an efficient market imposes a more irregular price point. These two concepts in other words, often counteract each other especially when an industry faces Government intervention. Within Cocktail Party Economics, by Eveline Adomait and Richard Maranta, the idea of efficiency and equity is discussed as the “Pursuit of Happiness,” (101) and explained through an economic point of view as a trade-off. The question really is, is “happiness” possible. Furthermore, when Governments impose regulatory sanctions to even the playing…

    Words: 932 - Pages: 4
  • Case Study Of Dairy Farm

    2.1. Dairy Farm The women group consisting of 20 members intends to undertake collective farming with shares as per their investment. Initially the farm will have 10 cows which will be managed collectively as an enterprise by the women members. Those members who cannot afford to purchase a cow will work on the farm earning wages in return. At the rate of 18 liters per day (average yield of milk per cow), the dairy farm will be able to sell 54,900 liters annually. Female calves will be kept at…

    Words: 801 - Pages: 4
  • Gender Relations In Ethiopia

    Bargaining within the household is often hidden, involving emotional manipulations and unspoken power games that may not be readily detectable or fundamentally threatening (Locke & Okali, 1999, p-275). In response to the problems posed by a unitary conceptualization of the household, economists have proposed alternative household models. These models, especially those embodying the bargaining approach, provide a useful framework for analyzing gender relations (Agarwal, 1997). Research based…

    Words: 712 - Pages: 3
  • The Importance Of Freshwater Management In New Zealand

    Freshwater management has been of major concern in New Zealand, particularly during the last two decades. There has been consistent decline in water quality and quantity in Canterbury during this time. Consequently, work has been made to improving the way water resources are managed. This report will discuss the consent conditions for the Lincoln University Dairy and Research Farms, consent number CRC143396, and how the consent is monitored. The Resource Management Act (1991), the Dairying Clean…

    Words: 1798 - Pages: 8
  • Riverina Dairy Industry Analysis

    Introduction The commercial viability of an industry, is its overall ability to succeed and be profitable over time. The Riverina region’s dairy industry, consists of twelve farms, producing almost thirty million litres of milk per annum, supplying not only the region but also is a significant contributor to Australia’s manufacturing and export trade of dairy products (Department of Primary Industries, 2014). The sustainability of dairy farming in the Riverina is influenced through significant…

    Words: 1149 - Pages: 5
  • World War 1 Summary

    armored vehicle rolled through no man’s land. This “tank” the British built was kept secret from their allies so no rumors of the vehicle would spread. When the German laid eyes on the slow, rickety machine they were put in awe. Now, countries raced to built the best tank, because the best tank would mean the best chance of getting through the enemy’s defenses. Tanks provided many advantages for the time, “They weighed thirty-two tons and ambled along at a little over three miles per hour. The…

    Words: 1704 - Pages: 7
  • Military Innovation In Israel And The Yom Kippur War

    Military Innovation Response Draft Israel and the United States have common (word) regarding how some of the country’s greatest innovation has started from the military. The tour through the US Army Heritage and Education Center relayed the ideas and concepts about how the innovation in private sectors was originally derived from military or government funded projects such as the M4 Sherman Tank and the minicomputer. However, they are not identical in the aspect that when a war arises and the…

    Words: 774 - Pages: 4
  • Arguments Against Fish Enrichment

    mammal’s environment lead Pounder and his colleagues to investigate if doing so would be just as beneficial to captive fish. Fish are a hugely exploited research model as millions of tons of fish are farmed across the UK. Despite the massive commercial production occurring, inadequate research has been done on improving fish welfare in stressful situations. The large growth of the aquaculture industry should be synonymous with research about how to remedy production problems and facilitate…

    Words: 1493 - Pages: 6
  • The Importance Of Tanks In World War I

    dominated the war throughout the years were the tank. Tanks had more firepower in the form of machine guns, then the cannon, to provide supporting fire for attacking troops. Tanks were the strongest weapon in the war. Tanks first showed in the Battle of Flers-Courcelette in 1916. Armored vehicles such as tanks started to build before World War I. When the war started, all of the country’s started to improve their armored vehicles for the war. Introducing tanks in the war was the best idea to…

    Words: 754 - Pages: 4
  • The Battle Of The Somme Film Analysis

    In this essay, I will be questioning whether the film ‘The Battle of the Somme’ provides a realistic picture of life in the trenches during the First World War. The Battle of the Somme, that had been fought in northern France, was one of the most violent battles that had taken place during the First World War. It had lasted five months while the British and French fought the Germans on a 15- mile front. The purpose of this battle was to hopefully alleviate the French who had been fighting at…

    Words: 1861 - Pages: 8
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