Scientific Thinking, Economic Reasoning and Their Applications in the Caribbean

The scientific method is a process that is used to answer questions and solve problems. Although there are different variations of the scientific method, it contains 5 basic steps. (1) Recognize a question or an unexplained occurrence in the natural world. Once this question has been developed examine scientific literature to determine what is already known about the subject matter. (2) Develop a hypothesis. A hypothesis is

Select one (1) project from your working or educational environment that you would use the hypothesis test technique. Next, propose the hypothesis structure (e.g., the null hypothesis, data collection process, confidence interval, test statistics, reject or not reject the decision, etc.) for the business process of the selected project. Provide a rationale for your response.

8. In exploring the certainty with which people hold their beliefs a researcher proposes that those with more information about the topic will be more certain about their belief about that topic. Half of the participants are given 20 facts about a topic and are asked about their belief about that topic. The other half of the participants are given 5 facts about a topic and are asked about the strength of their belief about that topic.

Unlike most of Latin America, Haiti’s main colonizing power was France, not Spain or Portugal, after France was given one-third of Hispaniola. To this day you can see the lasting effects of colonialism in Haiti especially in comparison to the Dominican Republic which shares the same island. While Haiti, formerly Saint Domingue under French control, was at one time the world’s wealthiest sugar and coffee producer, the tides have changed in terms of Haiti’s economy and it is now one of the worst off in terms of measurement of GDP per capita and income inequality. This change largely took place after the Haitian revolution, which transformed Haiti’s economy to a rural subsistence economy, instead of the capital-intensive plantation economy it had been. As other states, including neighboring DR, developed competitive commodity industries, Haiti never jumped on that export-led growth path and there was overall less investment making its way to Haiti in comparison to other states in the region. Also, Haiti was not a part of the “Golden Age” period of Latin America from 1950-1973. With a brief understanding of Haiti’s background, a more solid understanding of their economic performance, challenges, assets and current conditions can be developed further.

Cuba’s colorful history can be documented to before the days of the American Revolution in 1776, but today, American policy directly affects many Cubans’ lifestyles because of a nearly 45-year-old trade embargo that has been placed on the island nation. It is crucial to analyze the development of Cuba and its neighboring island nations in order to discern the reasons for Cuba’s current political situation with the United States. The following paper will discuss the events that shaped Cuba and larger Caribbean nations like Haiti, the Dominican Republic and Jamaica; next, a detailed description of Cuba’s turbulent history will help in explaining the Cuban transformation into a

The original Spanish exploration period of the Caribbean had been dominated by searching for treasure. The “Indies,” as they

Although procedures vary from one field of inquiry to another, identifiable features distinguish scientific inquiry from other methodologies of knowledge. Scientific researchers propose hypotheses as explanations of phenomena, and design experimental studies to test these hypotheses. These steps must be repeatable in order to dependably predict any future results. Theories that encompass wider domains of inquiry may bind many hypotheses together in a coherent structure. This in turn may help form new hypotheses or place groups of hypotheses into context.

As a result, Mintz completely transformed my ideas on industrial capitalism. As a consumer and lover of sugar, I have now given a considerable amount of thought to the sugar that I consumed so often. The extent to which the Caribbean people and land were exploited is unfathomable. When speaking of a “plantation”, Americans usually think and refer to the cotton plantations in the South. Even those Americans with roots in the Caribbean are completely unaware of the exploitation of their land and people. The long-term effects of this exploitation led to the underdevelopment of these Caribbean countries. These effects are still evident today as most of the Caribbean islands are labeled as “Third World Countries”.

The purpose of this paper is to briefly evaluate the existing economic affairs of Cuba and how they relate to the principles of macroeconomics. According to (Arnold, 2011) Macroeconomics involves human activities and how they choose to perform in a very aggregate market as a whole (Macroeconomics, 2011, p.18). An appraisal of Cuban’s unemployment rate, government policies, inflation, and national output in addition to other plausible variances will minutely expose some of the many problems facing their economy. Cuba is just one of many islands amid the thousands all through the well-known Caribbean region and is the largest island in the Caribbean covering over 44,927 square miles. The current economic situation in Cuba stems

A certain persuasive concept that is prevalent within Tom Holder’s Speech, Why We Use Animals in Medical Research, is inductive reasoning. Inductive reasoning uses specific examples that support the topic and moves to a more generalized idea and claim (Watt & Barnett, 2011). According to ChangingMinds.org, inductive reasoning has four stages (Changing Minds, 2016). The four stages

During the 1500’s and half way through the 1600’s, the position of the Caribbean’s power repeatedly kept on fluctuating, as Spain wanted to conquer the land they had finally found, and Britain, although there is no one specific reason for conquering, their sugar production took off in the Caribbean, and they wanted to keep it that way. As time goes by, you can then see how Spain's power over the Caribbean wears off overtime, and the Caribbean starts to take back its own land. All of this put together overtime during this period makes it easy to assume that the Caribbean had a lot on their plate, and yet they still managed to manage what was going on in their land.

Throughout this article, Sheller uses the term cannibalism as a metaphor to describe and provide an in-depth analysis of the exploitation in the Caribbean and its devastating consequences during post-colonialism. “Eating Others” is a representative term to define the excessive and immeasurable consumption of commodities which is no more than slaves, Caribbean bodies, working people and their labor. Applying these concepts to “Life and Debt” provides more examples and clarity to understand the difficult situation of Jamaica, how it has turned into a haven for tourists despite the difficult obstacles Jamaicans have to face to survive the extreme poverty and why their daily basis has become the scenery to entertain and satisfy the curiosity of

There are many studies on race in Caribbean history as race has played an important role in historical narratives there as well as affected all aspects of life. There is much literature on this subject however, it is important to know that this is partly due to race being a central theme in sociological and anthropological studies. Another common trend we find in Latin American history

Arthur Lewis’ model of the economic dualism was the first concept of indigenous economic thought in the Caribbean. The later conceptualizations of the ‘plantation economy’ and ‘dependency’ that developed in reaction to Lewis’ model and served as a continuation in the search for a solution to Caribbean problems that would be indigenous to the region (Sankatsing,1989).

Jamaica’s economy has always been subject to forces beyond its control. Even after the country gained its independence in 1962 it has remained clear that Jamaica’s economic policies have been heavily coerced by western powers. This was the situation in of which, Michael Manley and the Peoples National Party (PNP) attempted to undo. However, despite a brief flirtation with social-democratic reform in the mid-1970s, Jamaica’s international debt proved to be too heavy a burden for Manley and the PNP to manage. This resulted in neoliberal backlash in 1980 led by Edward Seaga and the Jamaican Labour Party, who quickly realized that their neoliberal policies actually exacerbated the problem. Therefore the guiding determinant of Jamaican economic policy-making post-1970 seemed to be the need to manage the public debt within the existing socio-economic system, in a manner that is responsive to the needs of the public. The solution to the problem lies in a series of policy reforms designed to increase the productive capacity of the region, the empowerment of the youth through education, and the unification of the people through the notion of collective struggle. Therefore, the future of Jamaica lies in systemically instilling nationalist sentiment in its people in hopes of coercing both economic and societal change.