Deflation

According to Abramovitz (2014), the post-World War II welfare state was the “golden age of capitalism” (p.4). During this period actual income and living standard rose for everyone, the inequality gap between poor and rich become narrower, the middle-class dream of a good job and a good home became more of a reality, more employment and equal opportunity were created, better wage and good benefits were introduced for the workers and sexual equality and civil rights movements were steady. “The…

In 2005 over 1,283,000 family homes were sold throughout the U.S. housing market according to U.S. Statistics. This was a larger number of houses sold compared to previous years with a range of 609,000 houses being sold per year. This was expansion, with lower interest rates, economic booms, and most people living in houses they couldn’t really afford if you looked into their finances. This is what later created negative home equity balances, and forecloses along with many evictions. Before the…

The two most powerful tools in our government’s tool box is monetary and fiscal policy. Monetary policy and fiscal policy influence our economy significantly. Monetary policy is the government policy that adjusts the stock money to control inflation, increase economic growth, and promote the true purpose of the national economy. It deals with the management of interest rates and total supply of money in circulation , that is generally carried out by the central banks ,like the Federal…

Clouds are a standout amongst the most captivating sights to find in the sky. A cloud is a dense type of environmental moisture comprising of little water droplets or minor ice crystals. Clouds represent a crucial stride in the water cycle (Langmuir, I. 2000). This incorporates the vanishing of moisture from the surface of the earth, the conveying of the moisture into more elevated amounts of the climate, the buildup of water vapor into cloud masses, and the arrival of water to the surface as…

To understand the emergence of the Populists and Progressives, it must be understood why these groups came to be. Increasing industrialization, urbanization and immigration were factors reshaping American society following reconstruction. The emergence of both Populists and Progressives was a response to a growing industrial economy that resulted in disparities between rich and poor, increasing social and political conflict. The solutions of the Populists and Progressives were varied however…

The government of the United States is one of the many aspects that make it unique when compared to other great nations. The historical events and individuals that created it, are seen as heroes in modern day society. Among these historical figures are the infamous Founding Fathers if the United States. The term Founding Fathers often refers to the individuals of the Thirteen British Colonies who led the American Revolution against the British Crown (England). An abundance of factors…

The Wonderful Wizard of Oz is a novel written by L. Frank Baum, originally published on May 17, 1900. The novel tells the story of a young girl by the name of Dorothy and her journey through the world of Oz to find her way home. The novel has been connected to political topics by indirectly referencing the Populist Party, bimetallism, and Washington DC. The novel begins with a description of Dorothy’s life. She lives with her aunt and uncle in a small gray house, surrounded by gray fields in…

Introduction When we rely on banks for money transfers, online payments, money withdrawal or just savings, we are giving them trust; we have to trust that the bank will not go bankrupt and that our money would always be available for us; furthermore, we have to provide all our personal details, trusting that those will not be disclosed without our agreement. If we wanted to avoid using banks as intermediaries, we would have to keep all our savings in cash, which means it would be impossible to…

Real GDP can lead to either inflation or deflation depending on the situation the economy is in. a government chooses to use the real GDP to indicate the standard living arrangements that are happening in the country because that can help them decide if a product will be successful or not. The GDP…

In recent years the National Football League has developed issues with the players’ use of steroids. This has a detrimental effect on the player's mental and physical health and has defaced the NFL and its image. Players take steroids to improve their athletic abilities, but this is frowned upon by millions of people and is largely considered cheating. The NFL will suspend players up to an entire season, if they are repeat offenders, for taking steroids. Due to the widespread use of steroids,…