Discuss the racial stereotypes of Mexicans that underpinned Manifest Essay

Discuss the racial stereotypes of Mexicans that underpinned Manifest Destiny - Essay Example The American people held a superior position and felt that their motive to apply their expansionist policies was religiously justified for their God chosen race. In this regard, the presidential candidate embraced the Manifest destiny, whose optimal goal was to ensure that the American territory spans across the seas. In reality, the race stereotypes of the Mexicans underpinned Manifest destiny during the implementation of the expansionist policy by the Americans. Even before the existence of the term Manifest Destiny, the notion of American inferiority was already looming and the Mexicans were already anticipating wars from the American people. In the year 1803, the president of America, Jefferson, acquired the Louisiana territory and the American slowly drifted towards the west becoming among the most dangerous neighbours of the Mexican people. By the time president Poll was getting into power, Mexico was the country that was standing between the United States and the Pacific Ocean . When Poll got into power in 1845, he raised the spirit of Manifest Destiny and the effort to expand USA further west via Mexico was revived. Being a democrat, Poll felt that there was need to develop this political culture across the territories to make a dominant culture (Litke, 2012, p. 198). To the American, the underpinning thrust of the expansionist policy was the urge to democratize the entire of North America and Mexico was a barrier to this legitimate expansion. Shane (2009, P. 10) points out the notion of Americans that Catholics were an inferior religious race. The American’s were obsessed with the motive to grow and develop their countries to become exemplary to the countries that were â€Å"religiously inferior.† This was a stereotypic reference that American used to refer to the Mexican’s who American’s regarded as inferior for the reason that they were catholicists, a religion that was inferior to the protestant group. American’s fe lt that they were the anointed race and that their motive to expand was just a fulfilment of one of the promises that God had made to them. This religious superiority was a source of conflict that intensified the tension between American and the Mexican’s that were already familiar with the intention of President Poll to expand his territories beyond the Mexican boundaries. From this perspective, American’s stereotypical reference of Mexican as a religiously inferior race was a trigger pin that culminated into the war between the two countries. From the US History Guide Book (2010, p. 6), the American leaders were obsessed with the notion to create an admirable city that would be unique from those of the inferior nations. The proponents of expansionism reflect to the idea of Puritans who were the first people to settle in the northern Atlantic, and who, under the inspiration Governor Winthrop, came to believe that their settlement was equivalent to â€Å"a city on a h ill.† Horsman (2009, p. 116) makes a connection between this city on a hill and the term that was later used by Ronald Reagan later in 1980 to describe a different perspective of expansion in America. Reagan referred to America as a â€Å"shining city upon a hill† in his endeavour to paralyse communism and create a country that embraced pure democrats, what he perceived to the

Social grade Essay Example for Free

Social grade Essay After analysing my market research, I have concluded that the social grade of the local area is (B) Lower Management, and the average pay is between   25000 and 35000. The majority of the people do shop locally, the main reason being that the local shops cater for their needs. This shows that there would be a place for me in this local area because there arent any specialised Internet cafes, aimed at social group B. The majority of people surveyed fit into this group, so it makes sense to primarily aim for them, and then the skilled non-manual workers. Planning restrictions Planning restrictions are used to restrict where a business can build or start up. If the government rejects then it would be against the law for the company to build there. Planning restrictions help to protect beautiful nature from being destroyed. They also stop factories from opening near homes. Planning restrictions also help bring businesses into areas where there is high unemployment. From research into local planning restrictions, I have found out that I must get permission for any ballads placed by me near my shop, shutters, extra building at the rear of shop and any structural work. I do not need to worry about the replacement of doors and windows, as my business is a non-listed building. Social effects of my shop Social costs are the costs that the rest of the area must pay because of where a business or factory is situated. There can also be social benefits which means what is gained by the local area from placing a business there. The social costs as a result of where I place my business are increase in litter and my result in local competition closing down. The social benefits from placing my business are that people shop locally, creates one or two extra jobs and helps the local economy. Evaluation The place that I have chosen has more advantages than disadvantages. This is because my shop will be right next to a main road which will allow people to see any promotions, and they will be drawn to the area by a Sainsburys Local. There is also a bus stop a few metres away from my shop which will make it easy to get to my shop. Another major advantage is that there is a bank nearby that has a cash point meaning it is easy to withdraw cash. There is also a college very near to my internet so there is a good chance students will come and chat with friends etc. However, the disadvantage is that there are likely to be computers in the college so it would be more likely they would use it rather than paying for the use of a computer and internet. There are some disadvantages; primarily, there is no dedicated car park, and there are parking restrictions. The main parking restrictions are that there is no parking on certain points between 6pm and 8pm Monday-Friday. The planning restrictions in the local area are not very strict so this will help if I want to make changes to my, business. There are more benefits than costs, the only ones being litter and closing of competition. The major benefit of me placing my shop in the chosen area is that there would be a good chance of more people coming into the local area that would help other local shops. How will I set the price? The price must be right, as people will have to buy large numbers to make profit. The price you charge depends on what you are trying to do. I am selling pastries, tea, coffee etc as well as providing an internet service so I will have a low prices in order to attract a lot of customers and to see if my business will succeed. It is different for me as I dont sell things (apart from pastries, coffee, tea etc) to make a profit; I provide a computer service as my main way of making a profit. My price My price will be as low as possible, so that I can attract the largest amount of customers. I will also have some goods such as pastries, coffee; tea etc at is at high prices because they are unique. I am aiming at social group B. How to price? This is very important, as I must decide how to price the use of the Internet and how to price the food and drinks. Hour based pricing will be the most suitable way to charge the use of the computer and the Internet. The food and drinks will be charged at high price seeing that the social grade of this local area is group B and most of the local area earn i 25000+ so they will be more likely to spend more money. From my first plan, I know my place, my pricing structure and what group I am targeting. After evaluating my first action plan, I have found that I need to cover areas that I missed in my previous plan. . I will be selling food and drink, so each and every product must have a good strong brand that makes it recognisable to people. A very strong brand is Coke a Cola brand, As the colours, shape of cans, and lettering tell the buyer what the product is. The characteristics of the brand come from the products physical features of the product. This means the taste and the shape of the product. The manufacturer through adverts and packaging creates these. What is the aim of advertising? The aims of advertising are to inform people about the Internet cafi , create an image, increase sales, compete with other shops and introduce new products into the market. The aims of my advertising will be to increase sales, compete with other shops and to create an image. Informative advertising Currently, the biggest spender on this form of advertising is the government. This advertising is used to pass on information to the public. The passing on of this information is very important in any advert. Persuasive advertising Their adverts try to persuade the viewer that their products are much better then the competition. Their goal is to attract people to buy their products. There are different types of pervasive advertising. They could be adverts that show a famous person using the product or adverts that compare one product with another. Public relations Public relations are the department that tries to promote the company and shows the good side of the company to the public. Advertising agencies Advertising is a very expensive business; to make sure that the money is well spent they will hire a company to do it right. For an advertising campaign to be successful it must reach the right audience, be attractive and appealing and make the money that the audience cost back in sales. Control over advertising In an advert you cant just put anything in it, there are certain rules. There is a code of practice inside the advertising industry that you must obey. The trade description act, which means that the advert must mean what it, says. I plan to use informative advertising, as I want to inform people of the benefits of buying from my shop. What types of media are there for advertising? There are many different types of advertising, each has advantages, and disadvantages: Television This is a very powerful media to use to get your message across. The advert that is produced will be seen by millions. The time at which your advert is shown effects who see it. If your product is for children then you would show your advert during childrens programmes. You must also take into account the number of people watching, as this will effect the cost. To produce an advert you must take into consideration how many adverts can you afford, as there would be no point in only being able to run your advert once and when will it be shown and is the advert its self correct? The advantages are that television reaches a large audience throughout the country and the adverts can make the product look much better than in print. The disadvantages are that it is extremely expensive. Radio This method of advertising is very similar as television adverting, but it is cheaper and sound is used instead of visual images. In a radio advert a theme tune is used. The disadvantages are that people may switch station when the advert comes on, if there is poor reception then the listener may miss the advert. The advantages are cheaper than television, large audiences can be reached, this type of advertising is very good for local shops and the advert can be repeated many times.

Domestic Marketing And International Marketing Marketing Essay

Domestic Marketing And International Marketing Marketing Essay Tesco operates globally; in addition to UK it operates in Republic of Ireland, Hungary, Czech Republic, Slovakia, Turkey and Poland. Tesco also operates in Asian market which includes; South Korea, Thailand, Malaysia, Japan and Taiwan. Tesco performance is highly influenced by the above countries government legislations including EU. For operating in these countries, Tesco has to develop the job opportunities for the local people in order to grow the business in these countries. Economic: Like any other organisation the Tesco is also influenced by economic factors, one of the most influential factors is a high unemployment level in the market, which has effectively decreases the demand for many products. These economic factors are externally generated and is not in companys control, but the effect of these economic factors are on performance and marketing mix of the organisation. Tesco is expanding internationally and expecting to contribute great amount to tescos profit but still highly dependent on UK market. Social/Cultural factors: Due to current trends of market customers have moved to One-Stop and bulk shopping practice which is in response of variety of social changes. In result of this change Tesco has increased the amount of non-food products available for sale. The existing demographic changes where there is an increase in female workers and result in decline the home meal preparation the Tesco focused on added value products and services for the customers. Customers are becoming more health conscious and their attitude towards the food is constantly changing, the example is increase demand of organic products. Technological: Technology is a major macro-environmental factor which has influenced the production and development of many products of Tesco. This benefits both customer and the organisation in shape of goods are readily available, personalised services and convenient shopping experience. Due to launch of Efficient Consumer Response the Tesco stores are utilising the following technologies; Wireless devices Intelligent scale Electronic shelf labelling Self checkout machine Radio frequency identification Environment: One of the main societal issue which has affected and threatening the food retailers was environmental issues, the core area for the organisation to act in a social responsible way. Due to these ethical stance Tesco social responsibility is concerned with the ways that an organisation exceeds the minimum stakeholders specified obligations by regulation and corporate governance. Tesco focuses on the strategy for sustainable consumption and production of cut waste and reduce the consumption of resources to minimise the environmental damage. Legislative: Like any other organisation Tesco is not free of Governments various legislations and policies which directly influence the Tesco performance. For example The Food Retailing Commission, has suggested the enforcement of Code of Practice has banned many current practices of Tesco. In order to apply the politically correct pricing policies, Tesco offers consumers price reduction on fuel purchases based on the amount spent on groceries at its stores. Segmentation, targeting and positioning model of Tesco: Market Segmentation: It is process through which the organisations identify the different portions of the market according to how the market will respond to various products and services features. Segmenting any market is a vital part for any organisation to identify their customer needs and wants. Tesco has entered the market with a range of segmented products and services based on demographic, geographic, psychographic and behavioural. The reason for dividing the market into small segments is to address the needs and wants of smaller groups based on various factors and to produce according the consuming habits of the buyers. Tesco has segmented the market in such a way, which covers all kind of population regardless of social, aging, gender and environment. Tesco has segmented the market by providing food and non-food products to the buyers to give options to everyone. Targeting: Tesco entered to the market with the range of options including targeted to the richer (Tesco finest) and poorer end (Tesco value) ends of the market, which has taken significant number of customers from Sainsbury. Tesco has also targeted to the multi-cultural customers; for instance, by providing Indian currys food which has increased the number of customers in Tesco by having an option of food variety. Positioning: Positioning plays an important role when attracting customers, this is a process where customers build an image of the brand and are able to understand the uniqueness of the particular brand or product when compare to the other brands or products. Tesco has positioned its markets through different ways; for instance, Tesco Extra larger market, Tesco supermarket sized standard large supermarket, Tesco metro in between Tesco express and Tesco supermarket, Tesco Express neighbourhood convenience store. Tesco is large organisation providing every kind of product to the customers and opened in every town that is convenient for everyone. Select two products in different markets and make justified recommendations for which market segments should be targeted. There are number of alternate products that consumer buy due to their cultural and religion reasons. If we take an example of meat and halal meat to justify why market segments should be targeted. Taking into account that there are many multinationals lives in the UK from different cultural and religion background. Tesco is providing a wide range of food products which also includes the meat. Considering the segmentation when we divide the market into small segments to justify and fulfil the needs of consumers its very important to look into what type of markets organisations are targeting based on the demographic and behavioural aspect. Some of the markets targeted are based on muslim community who do not eat pork and the meat providing the stores are not halal, considering the fact that not every customer is buying a meat just due to the religious reasons the organisations should target the local market where they segment the products. If Tesco segment the market in such a way that fulfil the locals requirement it will be more effective to the organisation to target the market. The prime example is Asda, inspite that it is also one of the superstore it provides the halal meat for those who can not buy meat because of religious reasons. They feel comfortable to go to Asda and do the meat purchase. Considering this example the organisations should target the markets through segmentation. Select two different buying situations and explain how buyer behaviour affects the marketing activities. Explaining the situation where buyer behaviour affects the marketing activities the tobacco is a prime example of certain situations where customers prohibits the smoking and banned the advertisement which influences the youngsters. The buying behaviour has changed the marketing activities since the policies about the sale of tobacco came into effect. In any store the tobacco is not sold unless the consumer is above 16 years old. This restriction has changed the marketing terminologies for the suppliers. Propose new positioning for a selected product/service. Launching any new product or service it is very important that the organisation has done the marketing process. Understanding the customer needs and wants is very important to conduct the research and design the strategies to fulfil the market demand. When positioning any product of service there are number of factors involve to consider, from which the cultural and religion factors are key areas. When position any product in the market it is very important to understand the cultural and social values of the targeting market. For example as we have discussed earlier that muslim community go for halal food, similar to successfully positioning the market in India the organisation needs to make sure that providing the vegetarian products to the consumers. Task 3 The extended marketing mix: The marketing mix model is used as a tool to assist in defining the marketing strategies to the marketers. Some marketing mix models follow the 7 Ps but we consider only 4 Ps which are most common variables used in constructing a marketing mix that includes; price, product, place and promotion. In context of Tesco, its entry in Chinese market should adapt to the culture of the customers in the China. However, the company should keep itself on the organisations own policies and grounds. Product: considering the Chinese market, once the Tesco take control of their shops the management should set off their strategies by marketing their products in such a way to boost the companys market presentation and market share. Tesco needs to consider revising their strategies and models of their products to provide Chinese customers what they need and want. By developing such strategies to customise the products to fulfil local requirements Tesco will build its image in Chinese territory. Price: by looking at Tesco situation, as its an established super store but launching in Chinese market one way is to acquire the cost advantages by enhancing the efficiencies process, expanding the large suppliers contacts on lower cost materials. If the rival super markets will be incapable to lower their costs of products by a comparable quantity, the chances for Tesco to sustain a competitive advantage anchored cost leadership. Place: placing the product with attractive price is very important for an organisation. since Tesco is placing its products in Chinese market to develop its successful operations it should make an investments in store expansions in low-income areas. Through this the Tesco will be able to open sites in economically disadvantage areas in China and this will enable the company to gain the trust of local luminaries favour from the local government by providing employment to the locals. Promotion: Tesco should constitute the approach, which is based on long-term strategic plan that centres on generating value to expand the loyalty of their customers. Tesco should not only strapping in non-food as food products and services but also establishing and extending the long-term good relationship with the consumers by ensuring a competent provision of its products and services. Task 4: Plan marketing mix for two different segments in consumer markets: As market segmentation is the process of dividing a total market into market groups consisting of people who have relatively similar product need. The market mix of various market segments sometime vary. The organisations have to customise the prices and features of the products according to the needs and wants of the target market segments. The 4 Ps are the parameters of marketing that the manager has to control, depend on internal and external constraints of the marketing environment. Applying the marketing mix into two different segments is one of marketing managers role. Through applying the customise marketing mix according to the market segments give an organisation a competitive advantage to attract the local buyers. The objective of marketing mix is to make a decision that centres the four Ps on the customers in the target market in order to create perceived value and generate a positive response. Segmenting Indian market: If we segment Indian market, we have to consider all the variable factors involved in making marketing mix decisions, as India is one of the emerging markets in the economy the marketing mix decisions will be base on all the pestle factors as well as swot analysis. Product decision: Product refers to tangible or physical product as well as services. When taking the product decision to segment Indian market one should consider the following: Brand name Functionality Quality Packaging Warrantly Styling Above are some of factors to be consider while making product decision. When segmenting an Indian market, we should consider the cultural and social environment of the country also the localities where we open the stores. What kind of audience we are targeting to segment the product. Is it based on age, cultural or belief factors. Price decision: Pricing is also one of the important element, when segmenting the Indian market the marketing manager has to consider following aspects; Pricing strategy Suggested retail price Cash and early payment discounts Bundling Price flexibility Price discrimination When look at Indian market, we should consider the fact either introduce the pricing strategy based on skimming or penetration, again depends on what type of audience we are the targeting. Place decision: Distribution is about getting the products to the customer. When targeting Indian market we need to consider the following channels; Distribution channels Market coverage Inventory management Warehouse Distribution centres Transportation Order processing Promotion decision; Promotion represents the various aspects of marketing communication that circulates the information about the product with the objective of generating a positive customer response. Making decisions to do product promotion in India one need to consider what strategy should be adopted. It includes: Promotional strategy Advertising Personal selling and sales force Sales promotions Publicity Marketing communication budget The differences in marketing products and services to business rather than consumers: The difference between the two concepts is that business marketing tends to concentrate on the sales of goods and services between businesses on the other hand consumer marketing is to concentrate on the sale of goods and services to the end consumers. The way reaching the business customers needs to be different than approaching consumers. Business to business usually use the direct marketing methods where as end consumers uses indirect method of marketing; Business to Business marketing approach: Networking Selling Tenders/proposal Presentation Seminars Telemarketing Consumers marketing approach: Advertising Signs Media relations Sponsorship Website Word of mouth The difference between domestic marketing and international marketing: International marketing is facing more complex environment. Domestic marketing is conducted in the country of resident and faced corresponding structure of market environment is relatively simple, which consist of the familiar factors to companies, such as domestic political, economic, legal, cultural, environmental and legal issues. However international marketing is facing more complex environments, its a market with multi-level structure and inevitably be subjected to the world market environment including worlds political, military, economic, technological and other aspects.

The Coyotes Weren’t Kosher: Women’s Role in Preservation of Dietary Tradition in Pioneering Southwest :: Essays Papers

The Coyotes Weren’t Kosher: Women’s Role in Preservation of Dietary Tradition in Pioneering Southwest Women have always played a major role in the practice of Judaism. They have many responsibilities and obligations to fulfill due to of their faith. Yet, they also must raise their families and often work to provide for their family. Overtime, Jewish women have become an example of women’s ability to live very demanding lives and still sustain her religious devotion. Jewish women have had to overcome numerous obstacles in incorporating the changes inherent with ever-evolving life with their static religious duties. Thus was the case for any Jew who chose to move away from their community and start a new life. Many pioneers found it hard to remain practicing Jews when there were no other Jewish people around them. Some observances became difficult to exercise given the surrounding and Jews would sometimes have to compromise their traditions with physical practicality. This led to great personal struggle for women who had always felt that the family’s religious san ctity was her responsibility. But these fascinatingly resourceful and dedicated women found ways to overcome the hindrances that their new home provided and still plant the seeds that would grow into a rich and strong Jewish community regardless of where they lived. There were many problems that these pioneering Jews experienced when they tried to adhere to Jewish custom in places where keeping kosher was a unpracticed tradition. This was especially true in the founding of the southwest. It became apparent to Jewish mothers that there would be many difficulties ahead of them. In particular, the Jewish religion calls for its member to follow a strict collection of dietary laws. These laws mandated the separation of meat and milk products and the cleansing of all utensils that came into contact with these foods (Siegel 1959). The women were required to follow certain rules in food preparation. It was important that these rules to preparing the food, especially meat, were followed by any devote Jews. These dietary laws are followed not healthiness, but out of holiness. Judaism teaches that man must give reverence for the things that he has, and those that he takes (Stiengroot 1995). This explains the principal of hollowing one’s natu ral actions to make them holy and is directly illustrated by the way in which a Jewish woman runs her kitchen.

Whitman Essay -- Biography

Biography. Born on May 31st 1819, died March 26th 1892. Born into a working class family, ended his formal education at age 11, would later say that most of his meaningful education came from outside the school house. Had apprenticeships at working-class newspapers also started his own newspaper, The Long Islander, though it later failed. Whitman's most famous work is the collection of Leaves of Grass, first published in 1955 at his own expense. In total there were 9 editions each addressing the citizens of the United States, urging them to be large and generous, a new race nurtured in political liberty, and possessed of united souls and bodies published during Whitman's life with each having its own distinct virtues and faults. Emerson received praised and support from the Transcendentalism movement, specifically, Emerson, Thoreau and Alcott (Folson & Price, 2011). Beliefs: On Personal Development. Whitman believed that it was corruption of civilization that ultimately change the goodness of human and the soul by changing the state of good in the mind. Therefore, one should disc...

Economics Classical and Keynesian Essay

1. Suppose during 2012 there is a sudden unanticipated burst of inflation. Consider the situations faced by the following individuals—who gains and who loses? a. A homeowner whose wages will keep pace with inflation during the year, but whose monthly mortgage payments will remain fixed. This person has gained. Nominal income is income that you receive in a given time period and it is measured in current dollars. Real income is nominal income adjusted for inflation and is the purchasing power that your money has. Real income dictates the amount of goods and services the nominal income will buy. The homeowner’s nominal income has increased (say 3%), but inflation has increased by the same amount (3%). The 3 percent increase in inflation reduces the 3 percent increase in nominal income, so the nominal income has not increased faster than inflation. The nominal income has kept pace with inflation. The homeowner’s gain is in regards to his fixed mortgage. Because his mortgage is fixed, it is immune to the inflation increase. If his nominal income in 2011 is $30,000 and his mortgage is $12,000 per year, he has $18,000 remaining to pay all other expenses in 2011. If the homeowner receives a 3 percent raise, his nominal income for 2012 will be $30,900.00. His mortgage payment is fixed and will remain $12,000.00 per year. This leaves $18,900.00 of nominal income. When you reduce this nominal income by 3 percent to adjust for inflation, the homeowner has $18,333.00 of real income to pay for all other expenses in 2012. This is an increase of $333.00 from the year 2011 to 2012. This is not a huge increase, but this homeowner does gain. He can purchase more goods and services in 2012 than he did in 2011. 2011 Budget 2012 Budget Nominal income for 2011 $30,000.00 Nominal income for 2012 with 3% raise from 2011 $30,900.00 Mortgage in 2011 $12,000.00 Mortgage in 2012 $12,000.00 Money remaining for other expenses $18,000.00 Money remaining for all other expenses for the year 2012 before adjusted for inflation $18,900.00 Subtracting 3% from $18,900.00 to adjust for inflation, the real income per year is $18,333. This is the money remaining for all other expenses in 2012: $333 more than in 2011. $18,333.00 b. An apartment landlord who has guaranteed to his tenants that their monthly rent payments will remain the same as it was in 2011. The landlord loses because he receives less real income when inflation increases unexpectedly. The rent from his tenants becomes less than if prices had remained stable. The landlord’s income comes from the rent payments of the people living in the building. If he collects $200,000 in 2011 from rent payments, his nominal income for 2011 is $200,000. If inflation is 3 percent in 2012, his real income decreases. Real income is nominal income adjusted for inflation. Three percent inflation would reduce the nominal income by $6,000. This person’s real income would be $194,000. This is obviously less purchasing power than he had in 2011. Because the landlord’s nominal income stays the same and prices increase, his real income falls and his money has less purchasing power. He can buy fewer goods and services in 2012 than he did in 2011. The landlord’s nominal income has not risen faster than the rate of inflation and he ends up with a smaller share of total output. Inflation causes a redistribution of income and wealth. The landlord’s income has been redistributed. Inflation has caused $6,000 of the landlords’ money to be redistributed to the tenants. The tenants will continue to purchase at least as many goods and services in 2012 as they did in 2011. The landlord’s real income will fall relative to people whose nominal income increases with inflation. This income redistribution acts like a tax. It takes income or wealth from one group and gives it to another. Those who have gained in this situation are the tenants whose rent will not increase, but the landlord loses. c. A retired individual who earns a pension with a fixed monthly payment from their past employer during 2015: This person has lost. His nominal income remains the same, but his real income decreases because of  inflation and his dollars have less purchasing power. He has less money in 2012 to purchase goods and services than he had in 2011 and his standard of living decreases. He is able to purchase fewer goods and services than he could the previous year because his nominal income has remained the same and his real income is less. His real income has fallen relative to those whose nominal income has increased. His nominal income does not keep pace with inflation and he ends up with a smaller share of total output. 2. Explain the difference between REAL and NOMINAL GDP. Which do you suppose would be the more important measure when looking at long term economic growth as shown in the Aggregate Supply/Demand model? Gross Domestic Product is the dollar value of all the output of goods and services produced in a year in a country. Nominal GDP is that dollar value expressed in current prices. Real GDP is nominal GDP adjusted for price increases (inflation). Nominal GDP is calculated using current prices and real GDP is calculated using constant prices. Real GDP is an inflation-adjusted measure of physical output. Real GDP is the more important measure when looking at long term economic growth. The rate of economic growth measures the annual percentage increase in real GDP. Real GDP is the variable that is used to mo nitor long-term growth in the economy because it is the most comprehensive measure of economic activity. The Aggregate Supply/Demand model focuses on the behavior of two variables, the economy’s output of goods and services, as measured by real GDP; and the overall price level, as measured by the CPI. The output on the horizontal axis of the model is real GDP, which is the measure of the true value of annual national production. The amount of GDP output varies every year and so does inflation. Therefore, how we measure real GDP growth must be adjusted to reflect inflation. If the economy of a country in 2000 allowed for output to reach $100 million and in 2001 the economy allowed for output to reach $110 million, it appears that the economy has grown by 10 percent; but this is nominal GDP and has not been adjusted for inflation. When you adjust 2001’s GDP for inflation, say 5%, the real GDP for 2001 is $105 million. The economy has actually grown by 5 percent and $5 million dollars. This is still a large number, but not as large as $10 million. If you use nominal GDP to measure long-term economic growth, you are not getting the true picture of how much output has increased, or if it has actually fallen. If nominal GDP increases by 2 percent, but inflation  increases by 3 percent, output has actually declined by 1 percent. If you use nominal GDP, it could look like output has had a huge increase from year to year, but this gives a false measure. Nominal GDP has to be adjusted for changing price levels. Real GDP gives us an accurate reading of GDP because it measures output at constant prices. The more important measure of economic growth is reflected through real GDP. 3. Classical and Keynesian economists believe in a different role for the government in dealing with recessions. Explain the differences between the two theories and the different roles. Classical and Keynesian economists see the role of the government differently when dealing with a recession. Classical economists believe in the invisible hand and Keynesian economists believe in a helping hand. From the Classical point of view, the economy is inherently stable. They believe there is an automatic mechanism (an invisible hand) that moves the market toward equilibrium and stability. The Classical theory is based on the principle that the market can regulate itself when left alone. When output declines, it is only temporary and the market will self-adjust. Classical economists believe the role of the government during a recession should be to leave the market alone (laissez faire). Government intervention can o nly bring the economy down and impede the market mechanism from working. In the long run, the good of the economy is best served if the government does not interfere. Classical economists believe that long-run growth is more important and short-run losses are acceptable. The Classical theorists believe that supply creates its own demand (Say’s Law). If a good is produced, it will be purchased. Buyers and sellers just have to find a price acceptable to both. Classical economists believe that the economy is stimulated when more goods are produced. The concept of flexible prices is very important to the Classical theory. When demand slows, sellers can lower their prices to increase demand and thus restore equilibrium. If demand is too high, sellers can raise their prices to restore equilibrium. Flexible wages are also important to the Classical theory. When someone is unemployed, they can find another job by working for less money. Flexible wages guarantee that anyone who wants to work will work. Keynesian theory states that the economy is inherently unstable and needs a helping hand to find its equilibrium. This helping hand comes in the form of government intervention. Keynesian economists believe that the market is not capable of  achieving equilibrium by itself and it is possible that disequilibrium will last for a long time. Keynes believed that small changes in output, prices, or employment were likely to be magnified, not correcte d, by the invisible hand. He believed that the depression of the 1930s was not a unique event. He argued that a depression would happen again if we relied on the market mechanism to self-regulate. He saw that macro failure was the rule, not the exception. In the Keynesian economic model, the government has the important role of smoothing out business cycle bumps to ensure economic growth and stability. Keynes believed in helping the economy in the short run, not the long run. When in a recession, the government should not wait to see when or if the market will self-correct. Keynes believed the government should intervene to save jobs and income. Keynes saw that policy levers are both effective and necessary. Without such intervention the economy would experience repeated macro failures. The Keynesian perspective argues that an economy left alone will not reach its full capacity. Corrective intervention can come in the form of government spending (increased or decreased), tax cuts, or tax increases. Also, Keynesian economists believe that if you demand it, it will be supplied. Keynesian theory maintains that most economies are demand driven and supply is based on demand. Keynesian theory believes in inflexible prices and wages. Prices do increase, but prices are not as flexible when going down. Suppliers must make a profit and will not supply at a loss. It is the same for wages. Wages do decrease, but they are much more inflexible when traveling in that direction. Keynes also saw that the economy does, at times, call for a budget deficit or surplus. Duri ng a recession, the government can increase spending and/or lower taxes. This will cause the budget to run a deficit. Keynes also felt that when the economy is in good shape the debt should be paid. Debt payment can come in the form of spending cuts and/or tax increases. Keynes saw nothing wrong with an unbalanced budget when it was needed to keep the economy healthy and running smoothly. 3. Which do you believe is the relevant one in today’s current economic downturn? Keynesian theory is the relevant theory in today’s economic downturn. The market does need a helping hand. The economy can self-adjust, but the downturns can last for long periods and people suffer during these times. Without government intervention, an economic downturn can continue as it did in the 1930s. The government does have  policy levers available that they can use to shift the aggregate demand and/or aggregate supply curves. These measures help restore the economy to its full production possibilities potential.

Development of Australian Law

Western culture refers to the societal structures and norms that arose from Ancient Greece and spread throughout Europe. This Included the ways their governments were run and how their legal systems developed. Australia, being a colony of the British Empire was heavily influenced by the concepts and institutions established under English government and law, which had a profound Impact on how the state, especially that of New South Wales, and federal legal systems were originated and developed, based on what was relevant to the new colony and what was not.Origin of English Law To understand how the English legal system had an influence on the concepts and Institutions In the Australian legal system, It must first be known how It was established and developed. The Battle of Hastings in 1066 which saw the Normandy takeover by William the Conqueror, saw a change in the way England was ruled, and the further development of the Feudal System to English society. The King argued that he was above all law, whilst Parliament refuted this claim.What followed was centuries of fishing that saw the legal system develop and gain power over the monarchy in order to Magna Cart The Magna Cart was a 121 5 document, that King John, was forced to sign by his Curia Regis, or King's court, as he had been abusing his powers. Restrictions were placed upon the amount of arbitrary power the King had, as well as outlines for the court systems. Its main purpose was to show that it was possible to put limitation upon the King and for the court to have some control over the ruling of the country.It was Woolworth who said â€Å"[T]he gaining of Magna Cart closes one period in the history of English law and begins another. It closes the period during which the law Is plopped by the power of the crown alone, and it begins the period which will end in the establishment of a Parliament, with power to take some share in the making a development of the law. † This movement which gave power t o the King's court was a founding component In the English constitution, which helped establish a Parliamentary system, and therefore is important in the Australian legal system.Similarly to England, Australia's parliamentary and court systems are separate entities to the monarchy, with these institutions being able to govern themselves outside of the Governor-General or Governor's capacity, thus showing the Influence hat the English legal system has. Royal Prerogative One problem faced by the King, parliament and courts was where one's power started and stopped. According to common law, the King was not above the law, however, the monarchy argued that he was above all law, and could delegate tasks to others.However, under the case of Prohibitions these Issues were discussed and findings set out the limitations each of arm of the law. These findings have influenced the concepts and institutions that were established in the Australian legal system, and how much power each of arm of g overnment has and what this entails, again roving that the concepts and Institutions of the English legal system are embedded in Australia. Separation of Powers Separation of powers refers to the government being divided into three arms- the I OFF (defining the legislation).The parliament and courts argued that nobody, including the King, was above the word of the law. In England, in Bantam's Case, the ruling against the orders of the King gave way to the notion that the courts had power over the monarchy. However, it wasn't until the reign of Charles I without a parliament from 1629-1640 and the subsequent events that this idea was cemented in law. Upon losing the Civil War against parliament in 1649, Charles I was tried for superseding the parliament and excessively taxing the people once he ran out of funds.He was the first European monarch to be tried without first being deposed, and this was an historical event in Western law. His defense being that he was King, and therefore a bove court Jurisdiction, however he was found to be guilty and sentenced to death. England was then ruled without parliament, known as an interregnum period, between 1649 and 1660. After this period, Charles II was asked back to be head of the monarchy by the parliament, however was placed under strict limitations that saw his powers restricted, and played a founding role in the idea that nobody was above the law.These actions thus saw the establishment of a separation of powers, a concept that has been put into place in the Australian legal system as well. Separation of powers is an integral part of the Australian legal system, as it stops any one branch of government gaining arbitrary power over the people. Discovery of Australia Terra Annulus, meaning land belonging to no one, is a term used to describe a new found land that gives permission for colonization.This meant that those native to Australia, with the land being declared terra annulus' were stripped of any land rights or legal rights. This meant that the British were able to colonies the land, and formed their own society, that saw the brutal treatment of Aborigines and the planned destruction of their culture. This gave way to the formation of the Australian legal system as it is known today, as the English had free reign to build society as they saw fit.Development of Australian Parliamentary System Like England, the established ways of state and federal parliament were based on a institutional framework- a set of guidelines as to how run parliament and how power is distributed. The Australian Constitution and its state counterparts are the guidelines upon which the federal and state legal systems are based. This includes a Governor, whom acts as a representative of the Queen, showing how the English idea of a Head of State was still instilled in the Australian legal system.Like England, the New South Wales Government – as well as the six other states bar Queensland, Northern Territory and the Australian Capital Territory – and the Australian Federal Government has a bicameralism system of parliament. Bicameralism is to have two houses of parliament, in Australian state and federal these are the upper house – Senate – and lower house – House of Representatives. These are similar to the English House of Lords (Upper House) and House of Commons (Lower House).This concept was brought from England to Australia, where the lower house is voted in by the people and these are the ones who propose legislative change, whilst the upper house is decided from within government, must also pass any proposed bills and can keep a balance and check of power from the elected government, to ensure that arbitrary power is not gained. The Western legal traditions from England were new colony. Development of Australian Legislation Much of early Australian legislation was based upon English law, as it was the founder of the colony.However it was Blackstone who sai d that English law would only apply in the new colony as long as it was applicable to the context, under new circumstances. The idea that to move forward as a colony, that some laws would need to be changed to promote growth, can be seen in the Cable Case, where Henry Cable was labeled as a ‘laborer' and as a ‘new settler of this place' instead of a invoice, and treated to the legal rights of those without criminal records, which was against English Law which found anyone with a criminal record to be civilly dead, that is, to have no legal rights.This landmark case gave almost all the right to obtaining legal help, a fact that was important in a colony made up of majority of convicts, so that in the future there could be social and legal development. This landmark case also saw the Australian legal system as being able to hold its own, and that it could make laws outside of English law. Although this may be the case, English ideals and trustees used still remain an integ ral part of the legislation process.Conclusion Western legal tradition, or essentially English law, built the foundations upon which the Australian legal system was formed. The concepts and institutions used in the practice of governing and the making of legislation have been taken from that of English ways, however, Australian federal and state has developed its own legislation as it has seen fit in order to appease the people of the place, and not those in England. One cannot deny however, that the English legal traditions are ingrained in the New South Wales and Australian legal systems.