Spice trade

The early twentieth century was marked as one of most prosperous eras in American history where the American economy had risen to become one of the wealthiest on the planet. While the rapid expansion of American capitalism led to profound wealth for many in the ruling class, the unjust treatment of workers and labor unions demonstrated the limits of prosperity during 1910s and 1920s. With the lack of government support and intervention, American workers and unions witnessed some of the most…

China is renowned for its exceptional growth, attributed to Deng Xiao Ping’s implementation of radical economic reforms to create a movement from a domestic focus to trade oriented efforts. The success of globalization is evident as China has retained high rates of economic growth. However, the consequence of integrating its economy so well into the global market comes in the form of ‘financial contagion’ where financial…

Trade regulation policies are paramount for any country to progress in today’s global world. The fast paced economic activities of 21st century has forced numerous countries to re-evaluate their trade regulation policies, primarily based on their specialization and global niche markets. This article will focus on two separate case studies of China and Ethiopia. Throughout this article we will discuss the past history and prevailing trade regulation policies of these countries and how these…

Yuan compared to the U.S. dollar, in addition to making it illegal to trade the Yuan outside of the boarders. Through China’s centralized government they have been able to predict and manage their economy in respects to growth and employment opportunities. Because of the stronghold control over the Yuan, the Chinese economy has been able to experience tremendous growth. This growth was contributed mainly due to the remarkable trade surplus that was a direct result of having a fixed rate with…

What is the importance of assimilation and amalgamation in the US? The objective basis for assimilation is the immigrants’ integration into the political economy and social structures of their adopted country. Filipinos were required to participate in the American social-economic system to survive in a new economy. The second process deals with “social reproduction” of the Filipino national minority in Hawaii. In 1978, the U.S assimilation was polarized along racial lines on the assimilation…

The American industrial worker was heavily impacted by the technology changes, the increase in immigration, and the creation of labor unions that happened between 1865 and 1900. The development of new technology in communication, steel production, and transportation led to the creation of new businesses and jobs, and it helped many existing businesses expand. This increase of businesses resulted in more jobs, and this influenced many people from other countries to migrate to America. The…

In his essay ‘’Self-Reliance,” Transcendentalist philosopher Ralph Waldo Emerson advocates that people should rebel against the powers that try to control their daily lives. Emerson believes that people should not be controlled by anything or anyone. Now in modern society, people are forced to think a certain way about themselves. People are taught to hide their true emotions from the world so that no one will judge them based on the way they act. He has explained that people are very complex…

The movie Norma Rae is about the struggle of a union employee and a factory worker, whom the movie is named after, to bring fair treatment to a factory that had been taking advantage of its workers. A factory on the brink of unionization and the conflict brought about from the struggle for a job that treated the workers like people and not just disposable parts is what drives this movie. The organization in this movie, the textile factory, shows us an insight into the different metaphors in…

Conflict is a fact. Not all people are going to get along and if not handled accordingly can become destructive. The Webster Dictionary defines conflict as a clash; battle or a disagreement of ideas, or interests (Webster, 2016). Conflict is tough for employees, managers and employers to face. Adding to this difficulty is the trouble in defining conflict, as each situation is different among each work environment. Not handling conflict promptly or correctly can lead to larger concerns and…

Human Resource Management is the process of treating employees as human beings and not as commodities. For human beings are diverse individuals, which requires managers who can possess the social skills needed to manage employee needs. (Characteristics) Its task is to ensure that qualified employees are placed in positions that will be beneficial to the success of the organization. (Characteristics) The purpose of its inception was to improve labor problems, by way of better management. It…