In a communistic country, the government is responsible for EVERYTHING. They provide for all that is needed to run a country and to provide for the people, the only downer is that you have almost no say in what you do and what religion you are a part of.
A mixed economy's government is responsible for establishing boundaries of states, supplying the people with defenses and protection, healthcare, transportation/ roads, and so forth.
Thursday, January 9, 2014
Wednesday, January 8, 2014
Mixed vs communist economy & natural resources
A mixed economy is a collaboration of socialist and market economies. For the most part the people decide what is produced and how to produce it. But, the government also oversees certain aspects of these products and only allows certain companies to make that particular product, and oversee who can and can't buy it.
A communist, or command economy as they are often called, is completely governmentally owned and operated. Most if not all businesses are owned by the government and only extremely small businesses are privately owned. The people have no say in what is produced.
NATURAL RESOURCES:
- Oil
- Natural gas
- Water
- Coal/ Minerals
- Trees/ Lumber
- Wild game
- Agriculture
- Land
- Solar energy
- Wind
- People
A communist, or command economy as they are often called, is completely governmentally owned and operated. Most if not all businesses are owned by the government and only extremely small businesses are privately owned. The people have no say in what is produced.
NATURAL RESOURCES:
- Oil
- Natural gas
- Water
- Coal/ Minerals
- Trees/ Lumber
- Wild game
- Agriculture
- Land
- Solar energy
- Wind
- People
Thursday, December 19, 2013
20% Post: December
The way that I evaluate my projects success is by looking at my beginning expectations and seeing how far I have come from there. The expectations I had when I started my project were to devise a formula, a drink or powder, that is affordable, easy to make, and can be made by ingredients found around the house. I have managed to make a list of ingredients for a smoothie that are easily obtainable. The ingredients are as follows
2 bananas
1 tablespoon honey
2 teaspoons cinnamon
1/2 cup frozen blueberries
1 1/2 cups chocolate almond milk
It will make around 2 cups of smoothie. The ingredients are all explained, I believe, in previous posts for why they are in it. This month I have had the opportunity to test this both on me and my friend, we have noticed that we have more energy and we haven't been as sore as we were without it. There haven't been many obstacles to overcome except for my limited time which wasn't hard to overcome.
2 bananas
1 tablespoon honey
2 teaspoons cinnamon
1/2 cup frozen blueberries
1 1/2 cups chocolate almond milk
It will make around 2 cups of smoothie. The ingredients are all explained, I believe, in previous posts for why they are in it. This month I have had the opportunity to test this both on me and my friend, we have noticed that we have more energy and we haven't been as sore as we were without it. There haven't been many obstacles to overcome except for my limited time which wasn't hard to overcome.
Tuesday, December 17, 2013
School Types
The three types of economy are; communist, socialist, and capitalist. In the schools in these different types of economy's they basically are completely different, here are the differences.
Communistic schools: Teach many illiterate people to read and write, Train the personnel needed to carry on the work of political organization, agricultural and industrial production, and economic reform, and remolding the behavior, emotions, attitudes, and outlook of the people. Millions of people were given intensive training to carry out specific programs.
Communistic schools: Teach many illiterate people to read and write, Train the personnel needed to carry on the work of political organization, agricultural and industrial production, and economic reform, and remolding the behavior, emotions, attitudes, and outlook of the people. Millions of people were given intensive training to carry out specific programs.
Socialist schools are basically what US schools are like. Mostly paid for by tax dollars and the attendee gets to choose their profession or area of study. While Capitalistic schools are ALL privately owned, operated, and funded.
Friday, December 13, 2013
Book Review
Even though this book was written a long time ago, there is a lot of good content contained in this book. Especially with pertaining to debt and why you shouldnt get yourself into it. it almost makes the book shine, given the current debt situation we find ourselves in.
The highlight of the book was to inform you of what some would think as basic tips to make sure your money is flowing towards you not away from you. "Firstly, repetition and reminder of the basics are important in any field of endeavor where you are actually trying to ACHIEVE something specific."
What the book was not trying to inform you was that your money works for you all the time. "Engage in one kind of business only, and stick to it faithfully until you succeed, or until your experience shows that you should abandon it."
The highlight of the book was to inform you of what some would think as basic tips to make sure your money is flowing towards you not away from you. "Firstly, repetition and reminder of the basics are important in any field of endeavor where you are actually trying to ACHIEVE something specific."
What the book was not trying to inform you was that your money works for you all the time. "Engage in one kind of business only, and stick to it faithfully until you succeed, or until your experience shows that you should abandon it."
Monday, December 9, 2013
We SHOULD Raise the Minimum Wage
A raise in the minimum wage can help our families, small businesses, and the economy recover from the worst economic recession in this generation, it will do this because, "By boosting pay in the low-wage jobs on which more families are relying than ever, a stronger minimum wage will help restore the consumer spending that powers our economy and that local businesses need in order to grow." quote from, www.raisetheminimumwage.com.
Also coming from raising the minimum wage, it would increase the amount of income going to those families, thereby providing them the means to buy more things that they previously couldn't afford. According to www.epi.org, "Increasing the federal minimum wage to $9.80 by July 1, 2014, would raise the wages of about 28 million workers, who would receive nearly $40 billion in additional wages over the phase-in period." Also, "Across the phase-in period of the minimum-wage increase, GDP would increase by roughly $25 billion, resulting in the creation of approximately 100,000 net new jobs over that period." GDP meaning Gross Domestic Product.
According to the Federal Bureau of Labor Statistics over half of the minimum wage workers are over the age of 25. This means that those people have families and probably have a hard time providing for their families because they only make around $14,000 dollars a year, and if you have a family of 3 or smaller, then the government will not give you financial aid. That's coming from www.timeforaraise.org. Another thing quoted from this same site is, "According to the U.S. Energy Information Administration, the average monthly residential electric bill in the United States is $103.67. This comes in just barely under the total budgeted above for utilities. However, this doesn’t include the cost of water, heat, phone service, or internet access (something that, though still considered a luxury, is becoming increasingly important in both Americans’ personal and work lives)." People living off of minimum wage are basically in very bad shape seeing as how they can hardly, if not at all, afford the most taken granted of comforts of life. Seeing all this information, it proves that we should raise the minimum wage.
CITED SOURCES:
http://www.epi.org/publication/ib341-raising-federal-minimum-wage/
http://www.raisetheminimumwage.com/pages/why-we-should-raise-the-minimum-wage
http://www.timeforaraise.org/benefits-of-raising-the-minimum-wage/
Also coming from raising the minimum wage, it would increase the amount of income going to those families, thereby providing them the means to buy more things that they previously couldn't afford. According to www.epi.org, "Increasing the federal minimum wage to $9.80 by July 1, 2014, would raise the wages of about 28 million workers, who would receive nearly $40 billion in additional wages over the phase-in period." Also, "Across the phase-in period of the minimum-wage increase, GDP would increase by roughly $25 billion, resulting in the creation of approximately 100,000 net new jobs over that period." GDP meaning Gross Domestic Product.
According to the Federal Bureau of Labor Statistics over half of the minimum wage workers are over the age of 25. This means that those people have families and probably have a hard time providing for their families because they only make around $14,000 dollars a year, and if you have a family of 3 or smaller, then the government will not give you financial aid. That's coming from www.timeforaraise.org. Another thing quoted from this same site is, "According to the U.S. Energy Information Administration, the average monthly residential electric bill in the United States is $103.67. This comes in just barely under the total budgeted above for utilities. However, this doesn’t include the cost of water, heat, phone service, or internet access (something that, though still considered a luxury, is becoming increasingly important in both Americans’ personal and work lives)." People living off of minimum wage are basically in very bad shape seeing as how they can hardly, if not at all, afford the most taken granted of comforts of life. Seeing all this information, it proves that we should raise the minimum wage.
CITED SOURCES:
http://www.epi.org/publication/ib341-raising-federal-minimum-wage/
http://www.raisetheminimumwage.com/pages/why-we-should-raise-the-minimum-wage
http://www.timeforaraise.org/benefits-of-raising-the-minimum-wage/
Wednesday, December 4, 2013
Explain
Stocks:
A stock is a publicly owned company that has a certain amount of shares for the net value of that company. Each share has a set price and when you buy it you gain partial ownership of that company.
Dividends:
Is when you invest in a company, and based on the amount invested, a certain percent of the profits will be given to you, the investor, monthly, annually, or whatever the investment contract was.
Trades:
Trades are short term investments in stocks, where you buy stocks because there is a catalyst or something to make the stock prices rise to have made a decent profit, most traders settle for a 10-15% profit.
Catalyst:
A catalyst is a major event in a stocks history or near future that will supposedly make the price per share of stocks rise and help you make a profit.
A stock is a publicly owned company that has a certain amount of shares for the net value of that company. Each share has a set price and when you buy it you gain partial ownership of that company.
Dividends:
Is when you invest in a company, and based on the amount invested, a certain percent of the profits will be given to you, the investor, monthly, annually, or whatever the investment contract was.
Trades:
Trades are short term investments in stocks, where you buy stocks because there is a catalyst or something to make the stock prices rise to have made a decent profit, most traders settle for a 10-15% profit.
Catalyst:
A catalyst is a major event in a stocks history or near future that will supposedly make the price per share of stocks rise and help you make a profit.
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