Legal And Political : Basic Overview

Identifying these factors helps to find out the strengths and capitalize them and eliminate the weaknesses and try

The United States prides itself on the fact that we have the rule of Law. In other countries such as Japan, the people are expected to obey the government and corporations. If we did not have lawyers, bureaucrats would administer the law. Some complain that we have too many lawsuits, but very few would accept having to obey only the government and the bureaucrats.

Chinese philosophies, like Confucianism, Daoism, and Legalism, were brought in by the Chinese to help implement a strong and fair governing system in order to keep the citizens of China. They would use the different ideologies and find a similarity in all of them in order to keep together the empire. With Daoism, the government would put their trust in the people to self govern themselves and thought that political involvement and education were not needed. Confucianism would revolve around family values and order in the empire. Finally, Legalism would use fear to keep the people in check with harsh laws.

Economic factors – which include interest rates, economic growth, exchange rates, inflation and taxation changes (Nieman, G; 1998). The change the economy can have a major impact on the behaviour of the business. For example: inflation may cause a higher wage demand from employees (Herrigton, Kew & Kew; 2009).

Canada’s economy has to face many issues. One of these being the rate of exchange. The canadian dollar has been going up and down constantly throughout many years. “The first paper money issued in Canada nominated in dollars were British Army notes, issued through 1813, The Bank of Canada was created in 1934 and given responsibility, through an Act of Parliament.” Much has happened to the dollar throughout the years; the economy always varied depending on the dollar worth because it has always played a major role on the economy. Pertaining to the issues of the exchange rate, I will discuss two main ways of it and how it plays a big role on the economy in present times.

With a low, stable rate of inflation, unemployment rate fluctuating within a couple percentage points, and job creation continuing to rise, indications are that Canada’s economy is thriving. While the Great Recession of 2008 was disastrous to its southern neighbor, Canada managed to keep its economy from tanking in tandem. Canada’s monetary, fiscal, and government policies are

Canada is similar to the US in its market-oriented economic system, production, and standards of living. Canada’s economy grew steadily from 1993 through 2007; however, due to downturns in the global financial markets, Canada’s economy followed suit. By the end of 2008’s meltdown, Ottawa experienced its first financial deficit in twelve years. “Canada’s major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the early intervention by the Bank of Canada and the financial sector’s tradition of conservation lending practices and strong capitalization” (CIA, 2015). Canada achieved some moderate growth in 2010-14 and plans to balance the budget by the end of 2015, despite the recent drop in oil prices. Previous growth in its dealings with the U.S. have made Canada the world’s fifth-largest oil

Definition of Canadian A) Socially Canada is a multicultural country. In our society, there are many different cultures people in that. This is one of the characteristic that what makes Canada unique in the world since in 1971 Canada was the first country that used multiculturalism as an official policy. Everyone has different cultures or languages but we are in one society. Although everyone has different cultures the point is that is not the only element that makes Canadian unique socially.

Our interactions within the law and society may be described as acts of legal consciousness. The term 'legal consciousness' is used to describe an understanding of the law, society, and ones place within. This awareness is informed by, and informs our societal interaction at both a group and individual level. It is my strong belief, that through critical reflection of our legal consciousness, we are empowered with the ability to influence and analyze the role of law and its effectiveness within society. Legal consciousness is both a form of scrutiny and a device of law. It is the basis for the formation of opinions on some of the more difficult ethical or moral questions posed, such as; abortion and euthanasia.

The Canadian economic climate is holding strong as it has had no recent recessions or depressions. It is currently ranked 21st in the world for GDP per capita which is above Australia at 23rdth. Canada’s GDP per capita is currently sitting at $41,100 which is above Australia which is sitting at $40,800. Having a high GDP per capita means that there is current growth in the economy and tends to translate as an increase in productivity. (Investopedia) What is contributing to Canada having a good GDP? The unemployment rate in Canada is higher than Australia’s by 0.4%. This will be beneficial to Penton Publishing as it means there will be more people looking for work, and will therefore be easy for Penton Publishing to recruit workers. This may also create some issues for Penton Publishing as there may not be as many people who have the money to buy the books. Canada’s export growth is currently lower than Australia’s, but is expected to rise, creating a boom. (Organisation for Economic , 2015) Penton Publishing will benefit from this as competition will be less competition benefit from this as they can export their books to overseas markets as productivity will have increased. Over the past year, the Canadian dollar has remained strong fluctuating by only 8.56% from $1.02299 to $0.94236. (Xe, 2015) This means that if revenue is made in Canadian dollars, the

citizens are under a duty to obey the same laws, and there can be no

A key aspect of economics is the collection and analysis of the vast amounts of data generated throughout global economies. The interpretation of this data can provide important signals for the future direction of the economy. There are two forms of signals that arise from the various economic data that is collected. The first are direct signals, which measure the movement in what is being measured. These usually take the form of a given macro indicator.

Public policy is very important, as it sets the stage for many different laws and regulations (Cohen, 2012). The law addressed here is the Patient Protection and Affordable Care Act of 2010, more commonly known as "Obamacare." The law is designed to ensure that everyone in the United States has healthcare coverage, but it also requires the vast majority of people to have that coverage (Patient, 2010). There are many supporters of the law, since it gives those with pre-existing medical conditions a chance to get healthcare at reasonable rates. However, there are also many people who are against the new law because they feel they should not be forced to buy insurance or anything else from the government. The US government is calling Obamacare a "tax," in order to get around provisions that state the government cannot require citizens to buy products or services from the government. Not everyone is happy about the way the healthcare law has been created or enacted, but regardless of any of that there are many public policy issues that surround the healthcare law.

These factors can be set into five categories: Physical, HR, Knowledge, Infrastructure and Capital Resources (Karkkainen V., 2008). There are two types of factors consist of: basic factors and advanced factors. Basic factors contain labour, basic educational system, raw material and national resources. Advanced factors contain skilled labour, modern infrastructure and highly education. Example about how factor condition influences the global competitiveness of a country; Egypt government develop infrastructure in the last three years such as transport systems, communication, payment system, post and system used to transfer money. Egyptian telecom companies illustrate the diamond. It has a relatively high number of communication engineers per

In the English Law system, the effect of legislation remains statute in force until they are repealed. (R v Ducan, 1994). The application of legislation is ambiguous.