Advantages And Disadvantages Of The Ep Economy

Agricultural subsidies is a very complex and controversial economic topic today. It will continue to be a hot topic as government continues it. It is largely debated in the United States as well as in other countries. The reason it is so largely debated is because it literally have an effect on the entire world market. Not to mention that the farm has been booming the last 5 to 10 years. This topic also tends to draw strong opinions in our area in particular due to the large agricultural community in our region. However, even within different states there are many supporters as well as opponents to these government subsidies.

-Mohair farmers have earned a subsidy from the federal government for decades because the mohair farmers can get large payments from the government without taxpayers ever really noticing because the farmers who get the subsidy care a lot about it, while the rest of us taxpayers (paying mere pennies extra in taxes) do not really care. And, “any politician with a preference for job security can calculate that a vote for the mohair subsidy will earn the strong support of the mohair farmers while costing nothing among other voters” (Wheelan 177).

With tension on the rise, American farmers continue to demand reforms to lift their burden of debt as well as greater representation in government. Recently, with the tremendous growth in industrialization of oil and steel, migrants have felt the difficulties associated with farming and continue to fall into arrears.

In the European union there are many different rules that you have to comply with to get one of them is the Common Agricultural Policy (CAP), which attempts to rationalise farming and the production of food and other farmed produce, this is done by allowing subsides to be paid to farmers to grow certain crops, however money spent in the EU can not be spent on reliving unemployment, which is a major concern in all EU states.

1.Consider the following entry game.  Here, firm B is an existing firm in the market, and firm A is a potential entrant.  Firm A must decide whether to enter the market (play "enter") or stay out of the market (play "not enter").  If firm A decides to enter the market, firm B must decide whether to engage in a price war (play "hard"), or not (play "soft").  By playing "hard", firm B ensures that firm A makes a loss of $1 million, but firm B only makes $1 million in profits.  On the other hand, if firm B plays "soft", the new entrant takes half of the market, and each firm earns profits of $5 million.  If firm A stays out, it earns zero while firm B earns $10 million. Which of the following are Nash equilibrium strategies?

Astyk and Newton, in their essay: The Rich Get Richer, the Poor Go Hungry, explains that “around the world, industrial agriculture has consolidated land ownership into the hands of smaller and smaller populations” destroying local self-sufficiency (518). Individuals are no longer able to grow own fresh, healthy foods to feed their family. They now depend on industrially grown crops and processed foods loaded with chemicals for food. Additionally, because of the farm policy, farmers that continue to cultivate healthy produce like fruits and vegetables get little or no government support, thus the higher prices of fresh produce seen today at our grocery stores.

Explain the pros and cons of increasing the minimum wage to $15 in Ontario to individuals, businesses and the government: the 3 major stakeholders in an economic environment.

In this research essay the article “Farmers Get Biggest Subsidy Check in Decade as Prices drop,” written by Alan Bjerga. The article brings forward the pressing issues of the agriculture downturn of prices in the United States of America. The article reviews crop surplus and reduced income in terms of the drop of agriculture prices. The article also touches on the fact that the united sates of America agriculture system needs more aid to provide safety for net farmers.

Policies and funding support should enable farmers to provide a wider range of benefits and be accessible for long periods of time. We should avoid policies that focus on supporting one benefit, often at the expense of others.

(167). Heavy taxes on agriculture leads to low productivity and low output (Dennis). New technology is not as efficient: “The heavy harvesting equipment that now does the work of the harvesting has left larger amounts of grain in the field…” (Holthaus 135). Holthaus describes the loss of access to the markets as a result of more contacting and the “growing influence of transnational megacorporations.” Farmers are no longer in control of agriculture; they have little say in what crops to grow and have to listen to the contracted company. Farmers no longer farm for the market, they farm to be able to pay the bank or to meet a contract with a company (167). When farmers decide to contract, they become another worker in the industrial system of agriculture. Farmers lose their markets, which are taken over by large corporations; and lose a percentage of their profit (Holthaus 150). According to “American Farms Keep Growing: Size, Productivity, and Policy,” about 30% of American farms have any significant farm production. 6 percent of all farms account for three-fourths of US farm output.The loss of political power and influence is due to less farmers and their families living on the land, aswell as, less people living in rural communities, which means that they have less authority and voting powers (167). The health of

Your paper should be between 1750 and 2500 words, in APA format and structured as follows:

One common criticism of the EU by all three major parties has been the lack of democracy within the EU institutions. Even the pro-European Liberal Democrats have said that the certain parts of the EU need to be reformed. One of the main reforms supported by the major parties is the reform of the EU budget to get better value for money, as they believe that the UK pays too much into the budget and does not get as much out of it as it pays in. A policy that the all parties wish to reform is the Common Agricultural Policy. The CAP takes up 32% of the EU’s budget, but only supports a small minority of EU businesses. They believe that the CAP makes food more expensive in the EU than it needs to be, and that it increases poverty in poor countries by competing unfairly with local farmers. The major parties also support reform of the Common Fisheries Policy, with all three voting in favour of reform of the CFP in the European Parliament in February 2013. The Liberal Democrats and

The current economy has hurt many retail businesses. Every month another retail giant closes its doors. Retail stores which we never would have imagined have gone bankrupt. Retail sales have declined greatly. Major cause of this declination is because many people are unemployed and cannot afford to purchase anything. Retailers are forced to discount prices to increase sales, but discounting still hurts margins. Retailers are assuming a very

The Common Agricultural Policy (CAP), is the most complex example of common policy in the European Union. Introduced from 1958 to 1968 and still in existence today, it has brought controversy, dispute and political tension within the EU and with the rest of the world. It is also a remarkable example of the movement toward the unknown realm of integration in Europe. However, subsequent reforms have been slow in arrival and have not always achieved the success expected of them. With the new difficulty of enlargement, challenges will require yet more reform of the CAP. The changing situations and context of the policy will be considered in terms of its effectiveness, as will the reforms of

When considering the challenges and opportunities posed by EU non market policies, we must look at both the food producer and the manufacturer as both can have positive and negative reactions. Going forward, global warming is now high on the agenda of policy makers. With agriculture a high contributor, it is unsurprising that measures are being introduced that have effect on the producers’ and manufacturers’. The buzz word now associated with the future of the environment and the food industry is “sustainability”. This refers to sustainable growth as the producers (farmers) try to maximise output. Moreover, with world populations set to dramatically increase up to 2050, the EU and the world must find ways to promote food production. Therefore, policies are now becoming more difficult and multifunctional. This is symbolised through the increasing awareness of the environment and it becoming more and more apparent in the Common Agricultural Policy (CAP). “The industry realises the need to protect and, where possible, improve biodiversity. Given that the industry’s raw materials are grown in the natural environment, and the industry purchases and processes 70% of EU agricultural production, it is essential that agricultural practices are sustainable.” FoodDrink Europe. (2011). It is here in the CAP that I have found non-market policies to have impacted both positively and, at times, negatively on the food producers and manufacturers operating in the EU. The