Business, Government and Society

After the Civil war, large businesses ruled America. Prior to the industrial revolution, the government upheld a hands-off approach towards business. Under the laissez-faire principle, free, unregulated markets led to competition, yet this system suffered under the wrath of growing corporations. The impact of big business on the economy and politics was immense during 1870 to 1899. Corporations were growing significantly in number and size, which had a domineering affect on American economy and defined American life.

Helen’s is an upmarket fashion boutique store in Sydney’s east. Falling sales have been reflected by surveys that reveal consumers view the business as outdated and no longer relevant to consumers’ needs. Strong competition in the area has placed considerable pressure on pricing. The business’s target market, 50-65 year old females, no longer dominated the now younger demographic character of the area.

In each country to allow citizens to coexist in the best way possible Laws were put into place, to make clear to all citizens to know there are rules and regulations to follow. If citizens choose not to abide by these laws then there will be punishment. This is why it is important that citizens abide by laws, rules and regulations to make their country run the best way possible.

Equity is a branch of law, founded in justice and fair dealing, which seeks to supply a remedy when no adequate remedy at law is available.

The big businesses that dominated the United States during the nineteenth century should not be considered Robber Barons. Although some people’s livelihoods were destroyed, they were not setting out just to ruin people’s lives. They wanted to industrialize, make money, and make the United States’ economy more stable. If they continued to operate on a small scale, then the money would continue to be scarce for everyone as it had been in the past. They had to do something different in order to see any kind of change in the way things were going. Without people willing to try new innovative ideas, we would have never become this huge industrial powered nation America is today. The bigger businesses often swept up many of the smaller businesses in the process of industrializing, but in the end it all worked out to make the American economy better and avoid more depressions.

There has been a lot of fuss over big business influencing the government in the United States lately. Now there is no doubt that the business elite have some influence on politics. It can even be traced back to the early 1900’s, when “the People’s Party had disintegrated, but many writers and activists have continued to echo the Populists’ central thesis: that the U.S. democratic political system is in fact dominated by business elites” (). Although there are countless arguments to go against this idea, the questions still comes up today: Is government dominated by big business? Political Scientist G. William Domhoff believes that government is dominated by big business. More specifically, Domhoff believes that owners and top-level managers in income-producing properties are not only dominant power figures in the US, but they also have inordinate influence in the federal government (). Another political scientist however, Sheldon Kamieniecki, believes otherwise. He states that businesses do not really get involved in policies that affect them; and even when they do, their success rate at influencing policies is not consistent. In fact, he believes that other factions have more influence on government policies ().

Do we know what constitutes sufficient reason to attribute “responsibility to any person, company, or set of conditions? What kinds of risks do we assume when buying a car, or a motorcycle, or a can of tuna fish?

How did American businesses go about getting big after the civil war? What role did the government play in the rise of big business? What were the social costs of the rise of big business?

1. What is the most “jealously” protected kind of speech, according to the court in this case? (3 points)

Government should not be run like a business because a system that was established to protect and ensure the public good should always put equity before efficiency. Government is inherently different from business, and therefore should run differently.

Philippines is an archipelago located in Southeast Asia near the equator. The Philippine archipelago consists of 7,107 islands divided into three major groups of islands which is Luzon, Visayas and Mindanao. As of 2016 the Philippine population is estimated to about 102,624,209 (World Fact Book). The Philippine nationality is termed Filipino and its population is made up of various ethnic groups. The national language is called Tagalog, it also the name of the major ethnic group of the country. According to Philippine Statistic Authority the population of urban area accounts for 45.3% of the country’s total population (Urban-Rural Classification). In contrast, the population in rural area is comprised of 54.7% and considered to be the majority population of the entire country. The Philippine climate is predominantly tropical marine where wet season occurs from November to April and is caused by the northeast monsoon. Similarly, the second set of rainy season, is caused by the southwest monsoon during May to October (World Fact Book). Additionally, the Philippine economy has been relatively resilient to global economic struggles because the country is less exposed to troubled international securities. The lower dependence on exports is what makes the country relatively resilient, relying only domestic products, as well as large remittances from millions of migrant and overseas Filipino workers (World Fact Book). The existing account balance has

1. State the administrative agency which controls the regulation. According to gkrom.com, the U.S. Agency for International Development (USAID) issued a new Scientific Integrity Policy to safeguard the quality and integrity of the Agency's scientific and scholarly activities. This proposal is of interest to me because I like to keep up with world and political affairs. This proposed regulation will not have an effect at my workplace. This proposal would benefit everyone of the general public.

The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are

William O. Douglas said, “Common sense often makes good law.” Well that is what laws essentially are, rules and regulations that make sure common sense is followed. One could even say that laws are enforced ethics. Laws serve several roles and functions in business and society, and this paper will discuss those roles and functions.

Sole traders have unlimited liabilities,meaning that in terms of law there is no separation between them,hence the sole trader is also liable for the debts incurred within the business, which makes it very risky to run for a long-term.