Torri T
Thursday, January 9, 2014
20% time final post
This semester Carli brown and I did a project to help show veterans our support. We created a website and a Facebook page to post stories, express our thanks and post stories of our veterans. Starting out, we had just emailed several veterans (who's emails we gain from a public website) and told them our plans of how we wanted to share their story with our followers. After gaining several stories we started posting them in hopes that more people would join, and comment on others blogs. Around Christmas time we wanted to do something a little more personal for all the vets who had given us their names and participated in our effort. So we made the personalized chrismas ornaments and Christmas cards. Some we had to ship off and others who live in Powell we just came straight to their homes and delivered them personally ( asking their permission first of course). With this being the end of our free enterprise class, we hope to continue with this project and perhaps hold a walk for our vets and rais support money in charity to donate to a vereran association.
Wednesday, January 8, 2014
socialism V.s communism- controle over resources
when looking at who controls the resources in a communistic state and a socialistic state we see differences in who controls who. The difference is who holds the power. in a socialistic state there will be quite a bit more free will to the people, granted the government will still handle most of the issues and control a few big resources, but people have the opportunity to take over a few things. The resource control in a socialistic state is narrowed down to 9 resources. These resources are oil, natural gas, water, solar, wind, timber, minerals, coal and people. The government controls water and minerals. Four resources are controlled by people or a company but still have the government looking over their shoulders. These four resources are wind, timber, coal and the people. Then when it comes to Communism the states resources are manly controlled by the government. the government controls oil, natural gas, water, solar, wind, timber, minerals, coal and the people.
Tuesday, December 17, 2013
Socialism, capitalism + Communism simularities and differences
Despite there being many differences between socialism, capitalism and communism there are also several similarities. First I should explain what is one "means". When talking about schooling systems in each of these groups each kind of goes their own way. In Socialism they are semi private and semi public, meaning that there are some of each types of schools.in social people are given options for their schooling, and anyone can attend a school if they have money for a private or if they decide to go to a public. The people can decide for themselves what they do as a career, how long they go to school, and if they go to a public or private school. but when you look a communism it's quit the opposite. schooling in a communistic country is only public, the government controls what career you pursue and people in the schools normally have to wear uniforms. this keeps everyone at somewhat of a "equal" or even standpoint. there a bit less freedom in choices and a lot more control from the government. Even thought Socialism and Communism are so different they have some similarities such as they both have public schools for kids and some schools within a socialistic country wear uniforms. another one to compare these to is capitalism. Schools in Capitalistic country's don't care if you attend school or not, they don't believe everyone should go to school. Also these school systems make you pay for any schooling. so only people who can afford proper education are able to go to school. Schooling in Capitalistic country's are quit similar with Socialism. Similarities between these two would be freedom in career choices for these who attend schooling. but for those who don't go to school are stuck working in low pay jobs, and do have as much freedom in career choice. In the end Socialism, Capitalism and Communism are all giving people the option to go to school if they have the resources to do so.
Tuesday, December 10, 2013
Lemonade !
Monday, December 9, 2013
Minimum wage
I disagree with the idea of raising minimum wage. The only thing raising the minimum wage does for people below the poverty line is make it harder for them to get a job if they ever decide they want one. Workers must bring at least as much value to the firm as they are paid or the firm will fail and all jobs will be lost.
"It is estimated that less than 15% of the total increase in wages resulting from an increase in the minimum will go to people below the poverty line and less than a third of those receiving the minimum wage are families below the poverty line. Most minimum wage workers are from above median income families." So, most of the people benefiting from the minimum wage are not the intended targets of the “anti-poverty” aspect of raising the minimum wage. This is a direct quote from Forbes.com and usnews.com agrees. They say " Minimum wage workers tend be young and unskilled. Less than half of workers under the age of 25 are currently employed and many rely on low paying opportunities to get their first break." Worrying about the "poor people" is where raising minimum wage is supposed to hold its concerns. If you won't benefit the majority of people below the poverty line where is the desire to have it. The risk it brings such as raising prices on a lot of daily things, lowering the value of the dollar, and driving our country into worse debt.
According to truth-out.org "Even the higher estimate of a 0.4 percent rise in price level with a 10 percent minimum wage hike suggests that a typical COLA adjustment to the minimum wage rate would only push up the price level by 0.1 percent. Recall that this amounts to adding just one dime to a $100 price tag." This is the risk of inflation if we were to hire the minimum wage.
Sources:
-http://www.usnews.com/opinion/blogs/economic-intelligence/2013/03/11/raising-the-minimum-wage-wont-help-the-poor
-http://truth-out.org/news/item/14050
-http://www.forbes.com/sites/williamdunkelberg/2012/12/31/why-raising-the-minimum-wage-kills-jobs/
According to truth-out.org "Even the higher estimate of a 0.4 percent rise in price level with a 10 percent minimum wage hike suggests that a typical COLA adjustment to the minimum wage rate would only push up the price level by 0.1 percent. Recall that this amounts to adding just one dime to a $100 price tag." This is the risk of inflation if we were to hire the minimum wage.
Sources:
-http://www.usnews.com/opinion/blogs/economic-intelligence/2013/03/11/raising-the-minimum-wage-wont-help-the-poor
-http://truth-out.org/news/item/14050
-http://www.forbes.com/sites/williamdunkelberg/2012/12/31/why-raising-the-minimum-wage-kills-jobs/
Wednesday, December 4, 2013
explanations
A stock is a risk, it's buying a piece of a company and claiming that companies assets and earnings. a stock is putting your money into a company hoping that company does well.
Dividends are the dollars amounts in which each share receives.
Trades are negotiations between two or more people or groups to switch or trade across something like goods or services, trading for something in another persons possession.
Dividends are the dollars amounts in which each share receives.
Trades are negotiations between two or more people or groups to switch or trade across something like goods or services, trading for something in another persons possession.
Tuesday, November 26, 2013
20% time
Carli and I are in the same spot we were at the end of last month. We have found more stories and posted them on our website. The main thing we did this month was at our veterans day program where we contacted several veterans who were happy to tell us their stories and be apart of our effort. by December we don't expect to be any farther than we are now. We hope to continue this idea even after this class is over and perhaps still hold the walk for vets in the spring.
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