The three government stances are neutral in which government taxes and spending are balanced, expansionary in which the government is spending more than its collecting, and contractionary in which the government is collecting more money than its spending The four economic resources are land which includes both physical land and natural resources, capital which includes tools and machinery use to make the product, labor which is the physical and mental work of a worker to make the product or do the service, and entrepreneurial which include the people with the skill to run a business. A stork market is a place where stocks and bonds are sold or bought, an example is the New York stock exchange It’s a place where stock are physically bought
1. Which of the three economic resources do you feel is the most important? Explain
4. Two kinds of natural resources are especially valuable to human’s minerals and energy resources.
In the first part of this paper, I will discuss the effect that the expansionary fiscal policy had on the Federal government and the impact on these changes the expansionary fiscal policy when it came to taxes and Government spending. Let’s start by talking about how taxes had to have necessary changes when it came to expansionary fiscal policy. You can think of taxes as being taxes that come from consumer spending, taxes on checks or even taxes on things you own. When thinking of what taxes affect the only
In “On the Moral and Political Principles of Domestic Policy,” Maximilien Robespierre claims that terror is needed to get rid of their enemies, which lead to running a good government. Robespierre’s speech is made to persuade the National Assembly that terror was a vital part of running a government. Overall, I found “On the Moral and Political Principles of Domestic Policy” a brilliant way to convince the National Assembly to use terror because he gives many reasons as to why he believes that terror is a good thing.
Natural resource: is something from nature such as land. Water and farms. Companies use land for industrial and commercial purpose. Natural resource is the foundation to produce good or service. Because of the demand fast food increase. Macdonalds required a large quantity of beef so they need to import beef from different suppliers or farms .
The American dream, has being for years, the reason why people decide to migrate to the United States. The American dream is the idea of finding well-paid job opportunities that would supply for example to buy a beautiful house and own a nice car. Therefore, the key of the American dream is jobs, which now in days are vague within the country. United States has fallen in a deep recession that has raised unemployment rates to the sky. Now, is ironically to continue calling U.S to be the American dream. There are so few job openings, which are not even enough to restore the country’s economy. Government should focus on creating jobs to help citizens that are struggling by lowering taxes instead of being waiting for unemployment rates to
A resource is anything that is created through a natural process that people use and value. Some examples of resources include air, soil, plants, animals, raw materials, space, land, wind, energy, metals, and sunlight. These resources can be useful to geographers because they are elements of the atmosphere, biosphere, hydrosphere, and lithosphere, which people interact with. Natural resources are different from human resources because human resources are created or invented by humans. There are 3 different types of resources, political- cultural, technological, and economic resources. Political- cultural resources are resources that guide a process of identifying substances as resources so we can live life. These resources are very valuable
Three things apply to citizens from a government perspective: rights, rules/laws, and responsibilities. Citizens, both native and naturalized, possess many responsibilities that come from living under a governmental power, and the rights that proceed from it.
Resources are plentiful as long as individuals are using them in the appropriate way. Resources may come in many benefical ways such as information, facts, financial reports, or even records. Resources come in handy when individuals are there to assist and make sure the company needs are met. Resources are mainly looking from the internal points and external points to grow the business and make sure business is ran accordingly. According
Fiscal policy is used by the government to adjust spending and tax rates in order to influence the economy. Fiscal policy can either expand or contract economic growth. There are two types of fiscal policy; contractionary and expansionary. The United States is operating under expansionary fiscal policy n response to the recession of 2007. The characteristics of expansionary policy includes an increase in government spending and a reduction in taxation.
• Resources (something used to produce something else) include capital like tools and equipment, land like natural resources and labor
Physical resources, human resources, financial resources and Intangible resources are identified. Infrastructure, information technology, location and marketing are physical resources. Organizational values, culture, reputation and brand consist of intangible resources.
Resources -Elements that are utilised to assist the process like- human, information and communication technology, financial and physical.
Since the budget 2017-2018 will cause a deficit of $29.4 billion, which is decreased by $8.2 billion compares to the budget 2016-2017[1], the fiscal stance the government is adopting tends to be contractionary. To return to surplus within four years and create a surplus of $7.4 billion in 2020-2021, government adopts the contractionary policy to reduce the deficit and increase the surplus. And another reason for adopting contractionary policy is to raise the economic growth from 2.75% (2017-18) to 3.0% (2018-19). The federal government also starts to pay attention to globalization, small business owners and areas where technological change happens. The four main things this budget choose to focus on are: growing
A nation’s economy reflects that of its own business’s cycles, experiencing periods of expansions and recessions over time. Often when a recession effects are being felt for a particularly long period of time, government’s will change their fiscal policy to promote employment, income, and demand in hopes of moderating or even ending the recession. They create this jump start of income and demand by borrowing money against their own economy, spending more then what they are producing in federal income and taxes. This is known as deficit spending.