Unemployment

It is obvious that our economy is currently no longer in a recession. Although American citizens want the economy to grow faster and to feel more secure. In the past several months American families have been experiencing economic growth, unfortunately, it has not been growing as fast as the citizen’s hope. Gross Domestic Product or GDP has increased in the third quarter of 2015 at an inflation –adjusted annual rate of 2.1 %, after an increase of 3.9 % in the previous quarter according to the…

The popular drug Marijuana has many health benefits and is also very lucrative, however, is often looked down upon because of its bad reputation that was attained by the spread of false claims because of this the pros of Marijuana legalization are overlooked and everyone is concerned about the cons. Not to say the coins do not exist, however, they do not outweigh the pros of legalization. For example, since colorado legalized marijuana they have seen a drop in arrest and an increase in judicial…

Should the Welfare System Be Reformed? Welfare, a statutory procedure or social effort designed to promote the basic physical and material well-being of people in need (“Welfare”), was first intended to do just that. The program was designed to help the needy secure benefits, while gaining educational knowledge and work experience (“US Welfare System - Help for US Citizens”). Government assistance programs were first put together to lead aid recipients to career objectives and unsubsidized…

The New Deal, World War II, and the role they had in ending the Great Depression. Wars are a curious event. Two sides, typically gathered by political interests, pit their youth against their opposition and hope they emerge victorious. Yes, there’s many factors involved, and strategies are of course in play, but at the end of the day it boils down to the slaughter of young men just so their leaders can maintain their elevated social status. World War II was a prime example of this. More people…

itself. Would this self driven car replace the millions of truck drivers who make middle-class wages off of driving trucks? Will this force people to live off of welfare and other government assistance? Technology has and will continue to impact unemployment in the many years to come. So what really is the overall impact of technology on the economy? One impact to the economy is, the substantial job loses to machines and computers that can accomplish the job faster and more efficient. Millions…

the Wall Street Crash of 1929, the most devastating stock market crash in American history, the vast majority of the decade was crippled by a financial ruin called the Great Depression that had a traumatic impact worldwide, leading to widespread unemployment and poverty. In response, authoritarian regimes emerged in several countries in Europe, specifically the Nazi Party in Germany. Weaker states such as China and Poland were invaded by expansionist world powers, leading to the outbreak of the…

restart the virtuous circle. Unfortunately, as Krugman describes it, European politicians decided to throw out the conventional textbooks and apply the Theory of Expansionary Austerity. A Theory that while the private market was slowing down and the unemployment rate was increasingly raising, lead…

South Korea has established itself as a rapidly modernizing and growing global force, since their rapid expansion beginning in the 1960’s. Korea has unique business and communication styles compared to the Western World, affecting their transactions as a whole (Figure 1). Concerning business interactions, Koreans prefer to have copious amounts of context and details about the individuals they will be contacting. In accordance with this style of communication, Koreans tend to take an indirect…

health, and jobs. The start of the Great Depression had a horrible impact on the U.S. unemployment and banking industry (Stuckler et al. 410). Unemployment was…

depression were felt far and wide. It initiated a chain reaction around the country that seemed to almost destroy American capitalism. All around the United States of America, citizens faced historically high unemployment rates, some cities reaching an upwards of 80 percent. The critically high unemployment rate forced several families into poverty, thus leading into a rapid decline in consumerism (Lecture Notes). People believed that the country would never regain the status as the great…