...Shiane Ferretti APUSH Assignment#7.07 Assignment 07.07 Populists Crusade for Reform 1. Complete the reading for this lesson. 2. Conduct the necessary research and complete your FRQ. 3. Submit your FRQ for Assignment 07.07 Populists Crusade for Reform, in the Assessment area. -Analyze the impact of industrialization on farmers during the Gilded Age. How did the farmers react? The national grange(populist movement) The Gilded Age was a time for new thinking and new political views. Although this time in history had a positive outcome for most people, specifically the upper classes, it didn’t have as much of an effect nor impact when it came to the lower classes such as the farmers. Issues regarding the Gilded Age and the farmers are shown through the railroad company inequity, money supply and high tariffs, and the populist movement. During the Gilded Age, railway companies gave the best rates to their biggest customers which many small businessmen, for example farmers, felt was an act of discrimination. Companies also tried to fix or set prices as opposed to allowing the market to determine the rail rates. As a result, the Interstate Commerce Commission was the first government regulatory agency that was created in order to stop abusive railroad practices. Monopolies and trusts were also examined due to the fact that they had the potential to rule certain markets and charge an excessive amount of money. As a result, the Sherman Anti-Trust Act was created...
Words: 751 - Pages: 4
...Radio (NPR) Drudge Report Time Wall Street Journal Slate New York Post Newsweek Washington Times US News and World Report Heritage Foundation Politico PJTV (Pajamas TV) New Yorker American Thinker Mother Jones American Spectator ACLU Forbes Harpers Stanford Review CBS Rush Limbaugh New York Times FOX News NBC (especially MSNBC) The American Conservative Mostly Centrist with Occasional Slant Libertarian CNN ACLU CSPAN (just shows the event) Ludwig Von Mises Reuters Reason Magazine PBS CATO Institute Real Clear Politics (both perspectives) Ayn Rand Foundation John Stossel, Reporter Milton Friedman,Economics Respected Think Tanks Always check their mission statement for bias or perspective, but these are known for accuracy in research even if they do cardstack and/or research from a biased perspective. They are helpful in stacking your case with relevant facts. Conservative Heritage Foundation Citizens Against Government Waste Media Research Center TownHall.com (A branch of Heritage Foundation) Republican National Committee National Federation of Republican Women American Enterprise Institute Hoover Institution Family Research Council Manhattan Institute Hudson Institute Washington...
Words: 673 - Pages: 3
...ALF Money and the Prices in the Long Run and Open Economies Name Institution Contents 1.0 Introduction 3 2.0 History of Economic Changes and comparing it to Forecast for the next Five Years 3 2.1 Changes in GDP 3 2.1.1 Economic Forecast 4 2.2 Changes in Savings 4 2.2.1 Economic Forecast 4 2.3 Changes in Investment 5 2.3.1 Economic Forecast 5 2.4 Changes in Unemployment Rates 6 2.4.1 Economic Forecast 6 2.5 Changes in Real Interest Rates 7 2.5.1 Economic Forecast 7 3.0 How Government Policies Can Influence Economic Growth 8 4.0 Influence of Monetary Policy 8 5.0 Influence of Trade Deficits or Surpluses 9 6.0 The market for loanable funds and the market for foreign-currency exchange 9 7.0 Recommendation based on the Achievement of the Strategic Plan 10 8.0 Conclusion 11 ALF Money and the Prices in the Long Run and Open Economies 1.0 Introduction (Creasey, Rahman, & Smith, 2012), defines economic growth as the rise of the monetary value of the goods and services produced by a country or an economy over a given period. Economic growth is simply the percentage change (increase or decrease) in the real GDP (gross domestic product) (Ahmad, 2013). "The economy of the United States is among the top largest economies in the world though it is facing stiff competition from other economies such as China," (Orhangazi, 2008). An analysis of the US economy reveals that...
Words: 3179 - Pages: 13
...irrigation. Cotton is harvested as ‘seed cotton’ which is then ‘ginned’ to separate the seed and lint. The long ‘lint’ fibres are further processed by spinning to produce yarn which is knitted or woven into fabrics. Trade theories International Trade * All economies, regardless of their size, depend to some extent on other economies and are affected by events outside their borders. * The “internationalization” or “globalization” of the U.S. economy has occurred in the private and public sectors, in input and output markets, and in business firms and households. The Economic Basis for Trade: Comparative Advantage * Corn Laws were the tariffs, subsidies, and restrictions enacted by the British Parliament in the early nineteenth century to discourage imports and encourage exports of grain. * David Ricardo’s theory of comparative advantage , which he used to argue against the corn laws, states that specialization and free trade will benefit all trading partners (real wages will rise), even those that may be absolutely less efficient producers. Mutual Absolute Advantage * Suppose that each...
Words: 2122 - Pages: 9
...Impact on Economic Indicators Olufunmilayo Ogutuga Economics For Managers ECON 550 Professor Saad Khalil December 10, 2011 | | Abstract It is no surprise that the economy of The United States of America is going through a cyclical peak. During the various business cycles, economic indicators revealed how the economy is doing based on gross domestic product, employment, inflation, retails sales etc. This paper would critically examine the business cycle and its implications in terms of higher sales, consumer demands and labor cost. It will also analyze how economic indicators such as Real GDP, Unemployment and Inflation have been impacted by the current and unfortunate economic situation faced in the United States today. Introduction The United States, like many other countries, is experiencing a major change in its economic system; and it is currently coming out of a recessionary business cycle which saw the production of goods and services decline, and unemployment on the rise; but the economy is moving at a snail's pace, easing into a peak. The paper will focus on how to interpret the business cycle and explain the current business cycle in the United States through an in-depth and critical look at the economic indicators. These Economic indicators will reveal the current economic situation as well as help to forecast the future...
Words: 1590 - Pages: 7
... such as accommodations, including hotels and resorts; and entertainment venues, such as amusement parks, casinos, shopping malls, music venues and theatres Wikipedia. According to the World Travel & Tourism Council in 2011 Travel & Tourism directly supported 3.3% of jobs, not including the indirect contribution of jobs supported by travel & tourism creating 8.7% of total employment WTTC. The purpose of this research paper aims to the understanding of Tourism differences and similarities of the U.S. and France, but not limited to the overall outlook of tourism. As highlighted within the report you will understand TT policies, how tourism has a direct effect on the social, geographical, and economic sectors both national and international. Based on an economic perspective tourism bring an enormous amount of revenue for goods and services accounting for 30% of the world's exports of services, and 6% of overall exports of goods and services WTTC. This impact is driven by many travel organizations and travelers desire for leisure, wellness, business and social travel. The next section will convey the understanding of how the economy drives tourism, the changes in travel policies., the structure of organizations, how the policies correlates, and to what affect does travel organizations has on the industry growth. Travel Organizations According to OECD Tourism Trends and Policies, governments are becoming increasingly aware of the importance of...
Words: 6156 - Pages: 25
...Business Proposal Objectives: You will apply economic principles presented in Weeks One through Three in this week's assignment. Your assignment will be reviewed by your peers and by your facilitator in week five and should be revised as necessary based on feedback as the first part of the final assignment in week six. Select a new, realistic good or service for an existing industry. Write the economic analysis section of a business proposal. This will include statements about the market structure and the elasticity of demand for the good or service, based on text book principles. You need to create hypothetical data, based on similar real world products to estimate fixed and variable costs. Required Elements: * Identify market structure * Identify elasticity of the product * Include rationale for the following questions: * How will pricing relate to elasticity of your product? * How will changes in the quantity supplied as a result of your pricing decisions affect marginal cost and marginal revenue? * Besides your pricing decisions, what are your suggested nonpricing strategies? What nonpricing strategies will you use to increase barriers to entry? * How could changes in your business operations alter the mix of fixed and variable costs in line with your strategy? * No more than 1400 words * Your proposal is consistent with APA guidelines Business Proposal - Thomas Money Service, Inc. Scenario The following pages...
Words: 4179 - Pages: 17
...China and India are the two nations that will transform the global economy as we now know it. China has state-of-the-art manufacturing and India is boosting its competitive edge through innovation hubs. While the United States is deciding if “Chindia” is a threat or an opportunity the massive low wage, highly educated, and forward thinking work force is transforming these two poor nations into global powerhouses. Yet, all is not perfect. While governments and business pour mass amounts of investments into the countries there are huge obstacles to continued growth. There are social, political, and environmental challenges. Important is keeping growth at a steady pace that will eliminate the unemployment lines. Pollution and environmental challenges, political backlash, debt and currency crises, inadequate medical care, threats of epidemics, and war are continuing challenges. The next few years will see a dramatic acceleration in the shift of global economic power eastwards, according to the latest predictions from The Conference Board, an international network of leading business figures. It believes that the sluggish growth in the established economies of North America, Europe and Japan will result in their share of global GDP shrinking from around half today to a third by 2016. In line with other international bodies, such as the IMF and the OECD, the Conference board sees global growth returning next year, after the worst downturn in three-quarters of a century. ...
Words: 894 - Pages: 4
...shareholders, What a year. Despite many challenges faced by the company, we have been successful in maintaining our position as the leading cell phone manufacturer in the world. The company’s subsidiaries in China, Japan, Israel and France face many economic challenges ahead. The challenges faced and the steps taken to solve those challenges, have been explained in the report. We start by mentioning next year’s inflation rate and then forecasting the spot rate one year from today. This will give us an idea about how the various concerned currencies are relatively moving to one another. The effects of these movements are explained country wise later in the report. The inflation rates forecasted for next year are as follows, Country | Inflation rate | U.S.A | 2.3%[2] | China | 1.89%[1] | Israel | 0.44%[3] | France | 0.62%[4] | Japan | 2.5%[5] | UAE | 3.11%[10] | Current spot rate (as of 10/06/2014) | Dollar | Renminbi | Shekel | Euro | Yen | Dollar | --- | 6.1408 | 3.6794 | 0.7928 | 109.14 | Renminbi | 0.1628 | --- | 0.5993 | 0.1291 | 17.7776 | Shekel | 0.2717 | 1.6686 | --- | 0.2155 | 29.6735 | Euro | 1.2613 | 7.7459 | 4.6403 | --- | 136.9863 | Yen | 0.0091 | 0.05625 | 0.0337 | 0.0073 | --- | Forecast spot rate (as of 10/06/2015) | Dollar | Renminbi | Shekel | Euro | Yen | Dollar | --- | 6.1161 | 3.6125 | 0.7797 | 109.353 | Renminbi | 0.1635 | --- | 0.5875 | 0.1274 | 18.004 | Shekel | 0.2768 | 1.7021 | --- | 0.2158 | 30.3030 | Euro...
Words: 2499 - Pages: 10
...Capstone Abstract The gross domestic product (GPD) is the most important economic indicator on the health of a country’s economy. GDP represents the total dollar value of all goods and services produced over a specific time period (Koba, 2011). The figures are released every business quarter by the Business Economic Analysis. What does the data mean and how will it affect our U.S. citizens. U.S. Gross Domestic Product Growth Rate Going Forward This paper will cover the United States Gross Domestic Product (GDP). This paper will provide trends, forecast, and statistics for GPD. This paper will explain how GDP is determined and what the data means. This paper is prepared to present to the local chamber of commerce. COC members will have an idea of what the future of the United States economy will offer based on the recent economic activities. Gross Domestic Product Gross Domestic Product (GDP) is the value of a country’s overall output of goods and services at market prices (businessdictionary.com). GDP is also used to compare the economic achievement of other countries in comparison to the United States. Economist use GDP data to determine if the economy is inflating or receding. The Gross Domestic product (GDP) expanded 1.30 percent in the second quarter of 2012. From 1947 until 2012 the United States GDP growth rate average 3.3 percent reaching an all-time high of 17.2 percent in March of 1950 and...
Words: 643 - Pages: 3
...Final market report- Foreign exchange rate Group 4- Team 5 Bui Ai Phuong- s3445871 Nguyen Ha Phuong- s3445955 Nguyen Thi Minh Tam- s3360710 Bui Khac Xuan- s3342375 Table of contents Introduction 3 Market past performance 3 USD/VND exchange rate 3 AUD/USD exchange rate 4 Analysis of historical macro factors 4 GDP 4 Interest rate 6 Inflation rate 7 Government Intervention 8 Commodity Price 9 Market view and forecasting 10 GDP 10 Interest Rate 10 Inflation Rate 11 Commodity Price 12 Trading strategy 12 Risk anticipation 13 Conclusion 13 References 13 Introduction Vietnam bank for industry and trade- Vietinbank was established in 1988, after the separate from the State Bank of Vietnam. Over more than 20 years of development and growth, Vietinbank is one of the largest commercial bank, holding key role in the current market in Vietnam. As a foreign exchange dealing team working for Vietinbank, in this report, we will first explain the behavior of two currency pair: AUD/USD and USD/VND from 2013 to 2014 by analyzing some historical macro factors that affect the foreign exchange rate during the period. And then we will explain the behavior of these exchange rates over the next six months, after that undertake foreign exchange trading strategies to achieve maximum profit for Vietinbank. Market past performance USD/VND exchange rate According to the graph, in the first three quarter of the year 2013, USD/VND rate flutuated...
Words: 2625 - Pages: 11
...Taynan Ramos International Economics Professor Nicole Soto 02/15/15 Exchange Rates With regard to currencies, exchange rates, as well as any other price, are determined by supply and demand. The supply and demand of currencies depends on many factors which can be grouped as follows: * the monetary system, which places the political structure in relation to exchange rates; * economic data as the trade balance, inflation and the national product. Fundamental analysis is based on the observation and evaluation of these economic data, as has been proved in the past, has influenced exchange rates. Taking into account these correlations optimal analysis can be done to give an indication of the long-term trend of exchange rates; * technical factors. historical rate fluctuations and volumes are examined and analyzed. Some models, which are expected to repeat themselves over time, can be used as a predictive criterion for short-term trends (technical analysis); * expectations. activities of financial operators are not the only based on known economic data, but also on their expectations of future trends; * political events / psychological factors, such as elections, political tensions, etc. Fundamental analysis is based on the study of the economy. It is based on the assumption that the supply and demand of currencies is the result of economic processes that can be observed in practice and can be predictable. Fundamental analysis studies the relationship between...
Words: 764 - Pages: 4
...Running head: ECONOMIC FORECASTING 1 Economic Forecasting Apryl Wolfe, Avier Bashey, Mike Barette, Erik Nutt ECO/372 March 16, 2015 Wawa Ngenge Economic Forecasting There are many databases to research historical economic data and forecast future economic data. This week’s topics help us understand the data we are looking at, which once understood can help us improve the economic future within our country. Understanding our strengths and weaknesses will also help us find economic data to improve the economy. The Federal Reserve Economic Data, also known as FRED, The United States Census Bureau, Bureau of Labor Statistics or BLS, and Data.gov are just a few examples of great resources to gather historical economic data as well as economic forecast data. FRED FRED is an online database with thousands of economic data from different resources. It is maintained by the Research Department at the Federal Reserve Bank of St. Louise. FRED combines data with other tools that help users understand, interact and display the data. This is important because the data can become overwhelming and difficult to comprehend, but once learned you can learn the science of the economy. Census Bureau Most people think of the census bureau as only providing statistical numbers pertaining to the people of the US, it also provides quantitative data showing the figures from the economic census giving the total numbers of oil and gas production and many other types...
Words: 519 - Pages: 3
...Economic Forecasting Paper By ECO/ 372 November 18, 2013 Learning Team Reflection Week Two List of resources to gather historical economic data and economic forecast data Some of the resources, which are useful to gather historical data as well as forecasting the new data include Bureau of Economic Analysis, U.S. Department of Commerce and FRED, Economic Time-Series Database, Bureau of Labor Statistics, Census Bureau, Congressional Budget Office (CBO), Office of Management and budget (OBM), Federal Reserve Releases (FRB), NBER'S Macro-Historical Database, New York's Fed's statistics and data, Statistical abstract of the United States and CIA world fact book. How and why each source is valuable and useful FRED database; allows citizens to see how the country's financial state is. The data includes the national economic and financial date “including interest rates, consumer price indexes, employment and population and trade data. The Bureau of Economic Analysis; includes estimates concerning national, international, and regional economic activity. It also provides statistics decision influenced by the government officials, business people, households and individuals.” (History matters. 2013. Para 3, 5). The Bureau of Labor Statistics gives specific information about employment, unemployment, consumer price index, and producer price index. The Bureau of Labor Statistics updates the...
Words: 855 - Pages: 4
...received by all the producers in the specific country. Gross Domestic is a measure of the nation’s economic income and the output. The GDP is the total market value and is also measured in dollars. Each year the final goods and services are produced. When a merchandiser makes a purchase of goods and services they are delivered from business to households that are in exchange for payments such as money. When the person of that household makes the payment thee money is then turned into the business to pay for taxes. Look at it this way. One persons spending is another person’s income. To increase living countries will increase their Gross Domestic product growth. The Growth Rate is determined by the Bureau of Economic Analysis. Each quarter the BEA will estimate the data. In the year 2010 the GDP in the United States was 14.7 trillion. The Bureau of Economic Analysis( BEA) will accurately compare a year to year report to determine the real GDP. The Gross Domestic product increased 3.1 percent in the fourth quarter of 2010. This increase reflects on the consumption expenditures. From 1947 until 2010 the United States GDP was 3.30 percent reaching a historical high of 17.20 percent. (Trading economics, 2010) I n March 1950 a record of -10.40 percent in 1958. The economy shows that the United States in a market oriented for private individuals a business firms. The United States...
Words: 639 - Pages: 3
