...Generic Prescription Drug Costs Prescription drugs have been causing problems in the United States for a very long time. Pharmaceutical companies are one of the largest profiting global industries. It was in 2009 when drug shortages increased with numbers reaching what many have termed crisis level which raised all prices of generic prescription drugs significantly (Fox, Sweet, & Jensen, 2014). This increase was and still is leaving patients with a life threatening decision; either go on paying for their prescriptions which they cannot afford or stop their treatment all together and risk their illness progressing and leading to possible death. Some have chosen to end their treatment altogether, while other patients have confessed to taking dangerous measures to ensure their refills last longer like cutting their pills in half or skipping doses. The United States drug manufacturers are raising prices endlessly without regulation. Instead of generic brand medication being affordable, they are creating their own monopolies and setting their prices just as competitively as name brands. Instead of buying and stocking manufacturers with raw materials from within the United States, they source raw materials from overseas creating delays and a huge shortage in raw materials has surfaced. Instead of keeping the FDA in the loop as to what is going on in the production process, manufacturers wait until the very last minute to report a problem which goes against all rules, regulations...
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...Effect on the U.S. Economy The United States economy as a whole has been rapidly dwindling down of late, from its all time high marks in the late 1990’s and early 2000’s. Many Americans believe that the cause for this large downswing in the economy is due to the fact of the cost that the United States is putting into the War in Iraq. The war has caused some economic inflation over the past couple of years however; there are other factors that tie into the economic problem of America. One key factor that many people are surely aware of is the high and outrageous gas and fuel prices across the country. Though many Americans are aware of the extremely high gas prices, they don’t fully understand how fuel prices have a monopoly effect on the country and how the U.S. economy is greatly affected because of this. (How Gas Prices Affect Our Economy) Over the past few years gas and fuel prices always seem to be in the news. At first, prices seemed to be high one week and low the next. Now, it just seems that the prices are extremely high and won’t go down. Many times you hear big time politicians say the reasoning for these high prices is due to shortages of oil. This is not the case, for there is no shortage at all. Gasoline reserves on hand are at the highest levels they have been since the early 1990s and the oil deposits under ground aren’t running out either. (There Is No Gas Shortage – BusinessWeek ) So why are politicians saying there is a shortage of there really isn’t? The answer...
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...Jacob Baker ECON 210 Microeconomics Economics Research Paper Abstract: This paper will look at the work market for truck drivers in the United States. The effects of a shortage and/or surplus of drivers and how the work market effects the country's economy, and the workers way of life will be broken down. This paper will look at how adding more jobs to this career also effects the supply and demand of goods, problems of finding qualified workers, and the chances of an individual getting a job with others competing for the same job. Trucking in the United States Introduction It is widely known that logistics is the life blood of anything major. The logistics and transportation industry in the United States itself equates for $1.33 trillion in 2012, and represented 8.5% of annual gross domestic product.(SelectUSA) From major military operations, to the factory floor; aircraft, trains and trucks are relied upon to bring food, medicine, and building supplies to the people that require them. But many of the logistical options out there have limitations. Airplanes cant land at your local grocery store, and building railroads to every store is incredibly costly and inefficient. Trucking and it's effects That is where the trucking industry comes into play. According to The American Trucking Associations reports, in 2012 alone, trucks moved 9.4 billion tons of freight or 68.5% of all freight tonnage transported domestically, and collected $642 billion...
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...Equilibration Process Paper Many beef lovers will feel the impact of high beef prices this year, as they prepare for the busy grilling season. The United States cattle ranchers reported 2014 to be the worst cattle shortage in more than 61 years. The shortage is due to the severe drought conditions stretching over much of the southwest United States. In addition to the drought conditions, the historically low temperatures also contributed to the shortage as the cattle were not able to gain weight. The lack of weight gain prevented the cattle from going to the meat processors. Even through the drought, some cattle ranchers experienced large amounts of snow pack, which made transporting herds to the processors impossible. McConnell, Brue and Flynn (2009) define the Law of Demand as, “A fundamental characteristic of demand is this: Other things equal, as price falls, the quantity demanded rises, and as price rises, the quantity demanded falls. In short, there is a negative or inverse relationship between price and quantity demanded. Economists call this inverse relationship the law of demand.” (p.47) Additionally, McConnell, Brue and Flynn (2009) define the Law of Supply as, “As price rises, the quantity supplied rises; as price falls, the quantity supplied falls. This relationship is called the law of supply.” (p.51) In relationship to the cattle shortage, the laws of supply and demand were evident. Once the prices began to significantly increase, the demand decreased, as consumers were not...
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...is under threat from several sources. The environmental consequences of growth are just one threat. China also faces chronic resource shortages – its industry does not want for coal but the Chinese people do struggle for things such as shortages of oil, food and clean water. The PRC also faces political tests as well, including Taiwan, Tibet and Xinjiang. Political tensions with the former could destabilize all of Asia if not the world. The tensions in the western part of China represent the social unrest that the Communist government’s march towards wealth has created. Even amongst Han, there is considerable disparity of wealth between regions and classes, and these disparities may very well threaten China’s future. This paper will analyze each of these critical issues in turn, and then synthesize the issues into an assessment for the future of China’s economic growth. All economies depend on resources for their growth. Output is determined by the availability of labor, energy and raw materials. The former has not experienced overall shortage, although there are concerns about the rural labor force in some areas. China is, however, facing critical shortages of both energy and raw materials, not to mention food and clean water. China is facing a shortage of mineral resources. The nation is expected to suffer a severe shortage of such resources in the next...
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...PressTV claims that United Nations relief and Work Agency for Palestine Refugees in the near east (UNWRA) states that over 1.5 million refugees –almost one third of the Palestinian refugees- are stranded in over 58 refugee camps in Jordan, Lebanon, Syria, and in the harassed parts of Gaza and the West bank. The Arabs in the Gaza Strip live in horrible conditions. As Gaza has all borders sealed off and surrounded, it is known as the world’s largest open prison. Gaza has illegal blockage and the Arabs are unable to leave. They do not have a chance to live a normal life as they receive repetitive punishments, over 250,000 children did not attend school in August, and Palestinians are blocked from the chances of interacting with the outside world. On page 54 in the memoir Tasting the Sky, by Ibtisam Barakat, Ibtisam is a Palestinian who talks about how horrible it...
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...The United States has a shortage of IV Bags, due in part to a powerful hurricane named Maria, that hit the island of Puerto Rico and a bad Flu Season that came early. Medical and pharmaceutical officials have been working on alternatives for doctors and nurses through training and new procedures, while also coordinating with secondary suppliers. If flu patients needing treatment do not receive proper fluids, more people will die. Hospitals are a one of the most adversely affected stakeholder in the situation, because they are directly responsible for the welfare of their patients. If they do not have the essential supplies required to do their jobs, then people in their care die. Supplier of saline and nutrient solutions, ingredients used...
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...Introduction The saying health is wealth has different meanings. It could mean that healthy people have less medical expenses or that people treasure good health more than money. The goal of a healthy lifestyle is to have a long life and remain disease or cancer free. The United States of America is known as a developed nation and people would assume that it provides its citizens with equal and an adequate medical care. According to the World Health Organization (WHO), “America spent more on health care per capita ($8,608) and more on health care as a percentage of its GDP (17.2%), than any other nation in 2011.” This means that the US puts a lot of emphasis on their healthcare compared to any other country in the world. But the reality is the Commonwealth Fund, a private American foundation, ranked the United States of America last in the quality of healthcare compared to the world in 2014. Also, America is ranked as one of the most expensive healthcare providers in the world. The US was compared to countries like Australia, Canada, United Kingdom, France, Germany, Netherlands, New Zealand, Sweden and Switzerland. The rankings prove that the American healthcare system is indeed facing many issues. Some of the major issues are accessibility of healthcare to all, lack of consolidation within the industry, deficiency in technology, lack of data availability and lastly, over dependence on medications by healthcare professionals such as doctors. The issue highlighted in this...
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...Research Papers Herbert Clark Hoover, the 31st president of the United States from 1929 to 1933. Hoover is considered as a very intelligent and successful man, people know from his brilliant mining engineer career, in the same for his successful work in government when he served as a secretary. However, if someone asked “Did hover as a president accomplished anything to save American’s economy during the Great Depression?” Then the argument automatically begins, because Hoover’s incapable of action during the Great Depression was acknowledged by many. Therefore, people asked why these acts signed by Hoover, such an intelligent man were all futile during the great depression? In a manner way to say, its interesting was also shown...
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...Answers to the Problems and Applications 1. William Gregg owned a mill in South Carolina. In December 1862, he placed a notice in the Edgehill Advertiser announcing his willingness to exchange cloth for food and other items. Here is an extract: 1 yard of cloth for 1 pound of bacon 2 yards of cloth for 1 pound of butter 4 yards of cloth for 1 pound of wool 8 yards of cloth for 1 bushel of salt a. What is the relative price of butter in terms of wool? 1 pound of butter exchanged for 2 yards of cloth and 4 yards of cloth exchanged for 1 pound of wool. Hence 1 pound of butter exchanged for 2 yards of cloth and 2 yards of cloth exchanged for 1/2 pound of wool. So the relative price of butter in terms of wool was 1/2 pound of wool per pound of butter. b. If the money price of bacon was 20¢ a pound, what do you predict was the money price of butter? 1 pound of bacon exchanged for 1 yard of cloth and 2 yards of cloth exchanged for 1 pound of butter. Hence it took 2 pounds of bacon to exchange for 1 pound of butter. As a result, if the money price of a pound of bacon was 20¢ the money price of 1 pound of butter was 40¢. c. If the money price of bacon was 20¢ a pound and the money price of salt was $2.00 a bushel, do you think anyone would accept Mr. Gregg’s offer of cloth for salt? If the money price of bacon is 20¢ a pound, Mr. Gregg’s offer to exchange 1 pound of bacon for 1 yard of cloth means that anyone could obtain 1 yard of cloth for a money price of 20¢. Mr. Gregg’s...
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...War greatly reshaped global migration patterns, and these lasting transformations would ultimately lead to the formation of America’s H-2A migrant laborer program. The onset of the First World War created a temporary end of European migrants to the United States. It was soon recognized that Mexican workers were needed in order to fill the existing labor shortages. During the wartime period they did just that, but after the War it abruptly came to a halt. “Soon afterward [WW1], the Great Depression arrived and Mexican workers were seen as a threat to American jobs. More than 500,000 people, including some United States citizens, were forcibly deported” (A brief history, 2012). A decade into America’s...
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...California was a land where the American Dream came true for many. Before the gold rush, California was under the Mexican rule since 1821. California’s population mainly consisted of about 6,500 Californios, 700 Americans and 150,000 Native Americans. Most of the Californians lived on vast ranches granted to them by the Mexican government. New settlers, mainly Americans, started moving into California for land and trade. Mexican control over California weakened following the Bear Flag revolt by the settlers and the United States took control of the region. The United States waged war against Mexico for manifest destiny and a dispute over Texas in the Mexican–American War on May 19,1846. The Treaty of Guadalupe Hidalgo between United States and Mexico ended the war officially on February 2,1848. California was handed over to United States. Neither the United States nor Mexico knew that gold had recently been discovered in California in 1848. The discovery of gold set off a major historical event in California, the California Gold Rush! James Marshall accidentally discovered gold while at work on January 24,1848 in Coloma, California. He was a carpenter building a sawmill on the banks of the American River at Coloma for John Sutter, a Swiss immigrant to California who founded the Sutter’s Fort in Sacramento. On January 24, 1848 James Marshall noticed tiny golden flakes sparkling in the American River and was astonished to find that it was gold! He reported this to John...
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...words, hydroponics is the process of growing plants in sand, gravel, vermiculite, perlite, or liquid with added nutrients to water. A concept of growing plants without playing in the soil scares some people. The thought that a setup this simple may be answer to the world’s food shortages, is astonishing. Teaching Hydroponics in our schools and encouraging it in our community is good for everyone. Murali Mugundhan is a huge endorser of Hydroponics because he sees first-hand how it is changing his world. Mugundhan states that “improper agricultural practice which altered the soil pH, synthetic fertilizers, pesticides which drastically reduced the soil flora and fertility which made a quench for the new alternative technique for obtaining the food and medicinal plants of better quality, yield and for growing fresh produce in non-arable areas of the world”(286). I agree with Mugundha, the current agriculture system in the United States is destroying the soil and we need a new alternative now. My goal is to convince the reader that America’s school system should teach hydroponics; hydroponics gardening is better than commercial agriculture as a way to supply the growing population of the world with more than enough food to sustain it, wisely use our water resources, and reduce waste....
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...Cause and Effect of Overpopulation Nowadays, population growth is one of the intractable problems in many countries. The United Nations estimated that birth rate per day is about two hundred thousand people, and this number increases to twelve million per year, and it can lead to many consequences such as starving and conflicts. Moreover, migration, advanced technology, and increased life expectations are the main reasons of overpopulation. Population growth rate is boosted by people’s moving to another country. First, tourists are the primary cause of overcrowding. China National Tourism Administration statistics show that by the end of 2015, China had about 133.8 million inbound tourists coming from other countries and cities. Furthermore, immigration has a substantial impact on overpopulation. It has existed throughout the history and people immigrate in search of better living standards, education, and economic opportunities; moreover, most people are forced to migrate. According to Migration Policy Institute, roughly 41.3 millions of people immigrated to the United States in 2013, and this number contains 13.1 percent of total United States population. In conclusion, non-native people’s movements are the main cause of overpopulation. There are also several reasons of the growth of population because of native citizens. First of all, advanced technologies provide decreasing the death rate. According to the World Health Organization statistics, maternal mortality dropped...
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...Contents Introduction -----------------------------------------------------------------------------------3 History of the Canadian Border until 1914------------------------------------------------3 The role of the US and Canada in the Great War-----------------------------------------5 World war and its outcome ------------------------------------------------------------------7 Impact of the war on the US –Canadian relations-----------------------------------------8 Modern day relations between US and Canada--------------------------------------------10 American –Canadian economic relations --------------------------------------------------11 Conclusion--------------------------------------------------------------------------------------12 First World War and Canada-US Relations Introduction The First World War or the Great War was a remarkable event in the history of the humanity. It influenced and shaped our modern world to an extent like none else, and the reflections of today’s development traces its route back to the decisions taken during and post-World War I. No one had any idea about the huge armies that would be involved, the amount of ammunition that will be expended, and how many people would die. However, the role of Canada in the war is noteworthy, considering the fact that the nation decided to stand by the Britain’s side during the war with the only aim of opposing aggression. It neither fought for anything for itself...
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