1. What are three economic stances that a government may have? Describe each of these stances. Progressive – When a government tries to improve the life quality of their citizens. Regressive – Moving backwards to make the citizens life worse. Static –Keeping it the same. 2. What are the four different types of economic resources? Describe each type. Land – Minerals in the ground, farms, other resources that are on the land. Labor – Human labor or work, generally used for manufacturing. Capital – Money that someone puts into the bank or stock market. Entrepreneurship – Person who sells something to make the stock market profitable. 3. What is a stock market? What is an example of a stock market? A stock market is a market that people invest …show more content…
What is trading? Describe some of the ways that trading takes place. Trading is when you give some of your own goods or services for someone else’s goods or services. Some of the ways trading takes place is trading stocks or trading football cards. 1. Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might this have at the individual and societal levels? One current event is China’s struggling economy. The economic implications are that people are selling their stocks that have to do with china causing our economy to buffer as well. If this continues then it could mean that China could have a big economic downfall which would cause the rest of the world to have one as well. 2. How does the stock market influence the finances of individuals, even if they don't personally invest? The stock market influences everything because if there was a company that you spent money at and they were a part of the stock market then the price of their items may differ depending on the way that the stock market is going. 3. Think about the larger economic situation in your country right now. How do the overall economy and its various aspects impact your life and
Trade is the transaction of buying or selling of goods and services from one country to another. Because of trade, international consumers now have a wide assortment of products placed directly in front of them that their region cannot provide. For instance, one can walk around the Bronx and come to the zoo where there will be a giraffe from South Africa showcased for all to see. There are no safari like animals such as the giraffe freely roaming around America. This is all possible due to the trading system that has been
Many events in society have impacted other people. Some of the acts or events could be major
The United States economy currently faces several problems affecting people throughout the country. These problems are ultimately affecting the growth of the United States. The growth of federal debt and deficit is seen as a major problem by the people of the United States especially when many people do not see the next president doing much more to improve it. The unbalanced labor market and immigration’s possible role in that has also been a discussion for many American citizens. It is important to also address the inequality regarding income. The deep-rooted trend of the rich getting richer and everyone else declining or remaining the same has created a lot of anger throughout the country. Lastly, the housing market has a huge affect on the economy considering housing is the biggest asset and one of the biggest drivers of wealth. Federal debt and deficit, immigration and the labor market, income inequality, and housing have all had negative effects on the United States economy today, while also affecting each other.
These are all about how and to what extent a government mediates in the economy. This can incorporate – government policy, political steadiness or precariousness in foreign markets, foreign trade policy, tax policy, labor law, environmental law, trade restrictions and so on.
In the following sections, I will argue the state of the economy is the most influential factor in
Stocks, especially severe stock crashes, affect American politics through its economic influence on society. There are many different types of stocks an investor can buy, all of which affect the economy. Stocks are when an investor buys a share of a company; meaning, they own a part of the company from which they buy a stock from. Stocks also help the companies that investors invest into, so the companies also grow through the help of the investors. And lastly, as investors increase the worth of the company, their stock also increases as well. Stocks are all about capital; therefore, if the investor does the right amount of research and invest in the right stock at the right time then, their economic wealth will grow which therefore helps the
This was the major issue during this presidential campaign. It was so easy for the electorate to understand issues pertaining to economic conditions. This included the performance of stock market, job creation, and unemployment. Meaningful improvements in the economic state of the country would have plunged president Obama to lose the contest. The electorate cast their votes with great consideration of issues such as healthcare and the economy. In my view, economic condition played an integral role in casting votes for their head of state (Erickson & Wlezien, 2012). After an extensive research, the economy was the main issue of campaign because of the following reasons:
This could cause people to lose loads of money. When the majority of people lost a majority of money, they have to stop spending which may cause an economy to have a pitfall. This is where things become bad and the economy now effects people who have stock and people who do not have stock. When in a booming stock market it may always be important to understand the consequences of stock. If stock is something that you are using to hold your money rather than a bank, you could end up losing
I think that a major event that is specific to especially right now is the amount of suicides that are increasing in rate. Experiencing the emotions and events of having someone known commit suicide or possibly finding someone who has committed suicide is such a traumatic event that deeply effects everyone.
The stock market is an ever changing, popular way for many Americans to invest their money somewhere other than a bank. The reason behind that is because the interest banks pay you for your money is incredibly low. Stocks, on the other hand, give an investor a chance to make a better return on their money. At a higher risk of course. Some may think buying stocks are like pulling the lever on a slot machine, putting your money in randomly and hoping for the best. That is not so, yes there is no guarantee of a return when buying stocks but there are many ratios that a potential investor can use to better their odds on making a profit.
Discuss how and why the U.S.'s deficit, surplus and debt have an effect on the following: Tax payers Future Social Security and Medicare users Unemployed individuals University of Phoenix student The United State's financial reputation on an international level A domestic automotive manufacturing (exporter) An Italian clothing company (importer) GDP
The stock market is what one would know as a collective group of buyers/sellers that trade stocks, also known as shares on a stock exchange. These securities are listed on the exchange itself and trade freely each and every day. On the exchange, stocks move hands day in and day out. Companies are able to get their stock listed on the exchange at any time that they want. There are other stocks, too...known as OTC stocks or over the counter stocks that go through a specific dealer. Larger companies tend to have their stocks listed on exchanges all throughout the world. Participants in the market can be anyone from your grandma, to retail investors, day traders, institutional investors, and so forth. One notable exchange is the NYSE; also known as The New York Stock Exchange. Moving forward, a stock market crash is when a decline of stock prices takes place throughout the stock market that results in a catastrophic loss of wealth via paper. The crashes are driven strictly by panic 9 times out of 10 a crash takes place. As a crash is happening, panic occurs; the panic keeps evolving and ends up like the snowball effect before you know it. A crash occurs when economic events take place. These events are always bad news... The behavior of traders follows, which leads to a crash when panic ensues. Crashes normally occur of a seven day period and may extend even further. Crashes happen in bear markets as the market is already weak to begin with. Once traders see a drop in prices,
Not only did individuals invest in stocks, but also did banks and industries invest in stalks. When the stock market plummeted, banks and industries lost their money and their enthusiasm. The banks' and the industries' invested money in shares had lost value and gist and meaning and purpose and importance and significance. The stock crash created hysteria causing people to take their savings
2. What happened in 2008 that affected the economy? Did this event represent rational or irrational behavior?
The stock market works by increasing the value of stocks based upon multiple factors. One of the factors is company performance. The better the company is doing the more stocks will increase and vice versa. Another factor is the demand. The more demand the bigger the price and also vice versa. So to maximize the amount of money you get from a stock you need many people buying that stock and having the company do well.