5 Ways to Improve Adult Literacy

The Economists Economic Theory Essay - 770 Words

Jovanny Ibarra Mr.Nasr Economics 2 December 2016 The Economists What is the best way to earn money. To entrust on someone else like the government or yourself? Two economists, John Maynard Keynes and Friedrich von Hayek had two contrasting views on how the government should handle the market. Keynes believe on the government controlling the market while Hayek wanted the government to stay away from it. Hayek’s economic theory is right because it focuses on us as citizens to have responsibilities towards our money. To be utilized fully in a decentralized market system with free competition and pricing.(1) Then to be able to save money rather keeping money being spent from Keynes’ belief. First, Friedrich Von Hayek was an economist born in Austria. His work was involved with business cycles, the term of periods of growth and decay. Capital theory and monetary theory.(2) He believed that if the government were to stay away from the market, then the business cycles would be removed or at least won’t be having recession. Then there also the problems governments had with the economy such as depressions. If the citizens would had authority towards it, then the money would’ve been spent in different things such as today. U.S spending money on the military rather than education. Hayek accused Keynes of insufficient attention to the nature of capital in production. (3) Meaning the labor that is used for making business. How these investments are being used for keep up with aShow MoreRelatedClassical and Neoclassical Economists: Adam Smith and John Maynard Keynes1289 Words   |  6 PagesIn order to understand how economics really work in today’s age we must think about how those economic ideas, revolutionary theories of many economists, that helped to shape the economic structure as we know it now, through many individuals and school of economic though that has existed through the ages. These schools are â€Å"the mercantilists, the physiocrats, the classical econo mists, Marxian economics, the neoclassical economists and the monetarist economics. For this essay I will only refer toRead MoreMacroeconomic Theories Of Macroeconomics And Classical Economics999 Words   |  4 PagesMacroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies. 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Accounting 310 Unit 3db Activity Based Costing Process Costing Free Essays

Compare and contrast job order costing to process costing methods. Comparison: These systems are to determine the manufacturing costs of products. Both costing systems combine direct materials, direct labor and overhead which is indirect costs or could be considered a direct cost in the process costing method nonetheless both systems use this in the process of producing products. We will write a custom essay sample on Accounting 310 Unit 3db Activity Based Costing Process Costing or any similar topic only for you Order Now The manufacturing accountants assign cost objectives to raw materials inventory, work in process inventory and finished goods. These systems are necessary to determine inventory, profit and the units that are sold and the price for them. The cost flows through the general ledger accounts for direct materials, direct labor and overhead is also the same. Contrast: Job order costing is for customized orders to meet the specific needs of a customer. This type of manufacturing doesn’t take place until the customer puts in a request for items. This process involves the company predicting the cost to get the job done, negotiating a price with the customer and then set out a timeframe to start and complete the job order. Wild Shaw, 2012) Job order costing tracks specific costs to specific jobs it could be a single unit or a small amount of similar units. Records are maintained on a job cost sheet for each job. The job cost sheet shows the customer the job number assigned, product and key dates. (Wild Shaw, 2012) In essence, job order costing is for companies that produce different products in small amounts. Process costing method focal point is for high volume of one type of product or many similar products. Manufacturing of products takes place through a synchronized process. Processing is based on demand that is forecasted by managers not based on customized orders like job order processing. For example, Avon Products, Inc manufacturing facility is located in a suburb of Chicago and they use process costing method to produce lotion and makeup. Also, worth mentioning is that direct materials, labor and overhead are assigned to departments. It focuses on departmental functions and the job cost sheet tracks cost for units within several related departments. What kind of system works best in what kinds of companies? Job order processing system works best for companies that are producing multiple items that may vary in size or color and is used best for customized production. Companies that produce t-shirts, wedding invitations or airplane manufacturers are good examples of businesses that use this type of system. This system worked well for a previous plumbing company I worked for, the client will tell the plumber the problem, he would then negotiate a price and sometimes the client wouldn’t be happy with the price and he would have to decline the offer or possibly lower his offer. Afterwards, he would setup a time and date to get started and would tell them when he would be finished, however he required his payment upfront sometimes and with larger jobs the client would pay a deposit upfront and he would use that to purchase materials or pay his laborers and the remaining balance was due once the work was complete. Cost processing system works well with companies that have a series of steps that has to be done repetitively in order to complete a task. Companies like Avon that produces cosmetics, Pepsi that produces soft drinks and Hershey that produces chocolate use this type of system. What kind of system makes sense for your company, given that you plan to start with only one version of your product but at some point in the future may offer a variety of options? Since there is a standard design, one type of product at this time the processing cost method would be the best fit so that one product is no different from the other. It will be able to produce large number of units on a continuous basis and all units will pass through a similar process. Wild Shaw, 2012) This methodology makes more sense for my company because it is producing homogenous products, there is no need for flexibility and a high volume needs to be produced quickly. Each department will be responsible for producing a certain output that will then become input for another department and this will happen in sequence. In the future we will continue with process as well just like with Pepsi and Avon they started out with one product and overtime added additional products to their line of service. References AIU Online. (2010). ACCT310: Unit 3: Process vs Job Order Processing [Multimedia presentation]. Retrieved from AIU Online Virtual Campus. Managerial Accounting: ACCT310-1103B-04 website Job order costing and processing compared. (2010-2011). Retrieved from http://worldacademyonline. com/article/13/271/job_order_costing_and_process_costing_c ompared. html Internal Accounting Engineering: System Requirements, Job Order System. (n. d). Retrieved from http://www. internalaccounting. com/jobcost. Wild, J. J. Shaw, K. W. (2012). Managerial Accounting. (3rd ed. ). New York, NY: McGraw Hill Irwin How to cite Accounting 310 Unit 3db Activity Based Costing Process Costing, Essays

Impact of Social Determinants on African- Americans in US samples for

Question: Discuss About The Impact Of Social Determinants On African- Americans In US? Answer: Introducation: Health is determined by varied factors in an individual in which social (population) determinants are of greater importance because of its direct effect on the people as well as countrys development. The importance of societal- determinants of Health was proposed by Healthy People (2020 AD) in its guidelines by involving develop societal with physical environmental conditions to enhance health for all people as one of its goals (NHMDP, 2011). These social- determinants comprises of the living- conditions where an individual has born, currently lives, grows, learns, works, plays and ages. These determinants are affected by man, money, and materialistic resources as well as its distribution at localized, nationalized and internationalized levels. The alterations in its distribution may lead to inequality, gap with inequity in health- care which is unfair but is avoidable. In 2008, the Commission of WHO on societal- determinants has released a report as closing the gap (inequity) in the generations: to enhance health-equity by controlling the societal- determinants. This is also supported by the National- collaborations (partnerships) for Action to remove health- disparity(2011)as well as National- prevention with health- promotional strategies (2011). The UDHR definition also addresses the importance of social determinants in improving health- outcomes and also specifies that health as well as societal security is fundamental human- right. The developed nations are very worse than poorer nations in developing societal health (Wilkinson, 2010). In 2008, Ramirez states that health- inequalities are large and persistent in United States. He adds that societal factors such as illiteracy, poverty, unequal economic status and racist discrimination, poor housing facilities and gender- discrimination leads to inequality and can minimize the participation of c ommunity in health- care. As per WHOs statement, health involves physical, emotional as well as societal wellbeing with the attainment of fullest health- standards, which is a basic fundamental right of each and every individuals without discrimination of racism, caste, religion, political aspects, societal and economical conditions. Hence, in this essay, racism (societal- determinants- of- health) is selected to show its impact on African Americans. Racism is found to play a greater role in acquiring the physical and psychological issues in African- Americans. This racial discrimination brings a feeling of inferiority or superiority among people and results in hatred of a person on other person based on their color, spoken language, beliefs, customs, birth place and traditional values. In regard to United States Census (2015), nearly 14.8% of the United States population is only Blacks but they have higher mortality rates as compared to other groups with New Jersey as the most racial place (Heinze, 2015, Carrillo, 2016). ThePLOS ONE Journal has also published that Northern New Jersey is more racist than its southern part. In the past 15 years many researches were conducted in regard to impact of racist discrimination on health of African- Americans. Over hundreds of studies were published showing the dangerous effect of racism on the men, women and children of African- Americans. They provide several disturbing findings with one result as provision of inferior health-care to Blacks. In United States, racism not only affects the physical and psychological health but also the societal, economical as well as cultural health of a person. Racist discrimination severely affects the physical health of African- Americans including children. It was found that the mortality with morbidity rates (due to heart diseases, stroke, cancer, diabetes mellitus, increased blood pressure, etc) of African- Americans is significantly higher as compared to others (Heinze, 2015). The life expectancy of Caucasian population was found to be 5 and half times more than that of blacks and the deaths due to chronic disorders were found to be 31% more in Blacks than that of Whites. TheGrios publication of Sanders essay- 2014 (a story of a Black police officer) has also mentioned the localized issues encountered by him because of his black race, which has affected his physical with societal health adversely (Carrillo, 2016). Even racial- discrimination strongly affects the mental health of African- Americans. Pieterse (2012) has conducted a review about the psychological- health of Blacks (African- Americans) and concluded that racism is strongl y related to the psychological- health and also causes increased anxious, depressive and other mental- related features. In 2009, Pascoe also suggested that the racial discrimination brings negative effect on both physical- and psychological- health which again brings negativity about self. This negative image starts from mothers womb affecting the psychological- health of the newborns adversely. Racism affects the societal and cultural health of African- Americans. When societal- constructionist theory is applied to racial- politics in United States, the preference to color of skin and physical appearance is used as a criterion for assigning people to racial groups (Figure:1). This was found as a main mechanism for unequal distribution of resources. The Blacks Americans were noted to be four times poorer than White Americans that again contributes to racism. Sometimes, cultural mistrust is found to be a significant factor in African- Americans who may not understand the need for particular investigations and management modality (Department of health with human- services of United States, 2001) and most of the women of African- Americans were found to die because of breast cancer as compared to White American women, which might be because of cultural mistrust (Gerendi, 2008). Racism also affects the legalized structure, societal and behavioral aspect,humanity andculture of United States. They encounter direct, indirect or institutional discrimination wherever they go (Sue, 2010). Even if equal rules are drawn, this may favor superior race than other races (National- research council, 2004). This discrimination has also lead to wars, robberies, slaveries and legalized codes causing disempowerment in Blacks by underestimating their human identity. Racism affects the economic health of African- Americans and pushes them under other races resulting in physical and psychological ill-health. Racism has a great impact on the car sales, insurance, home- mortgages, medical care, employment (Figure:1, Pager, 2007), housing aspects and even in getting taxis. Roscigno (2007) has analyzed serious claims and found that the discrimination ranges from harassment to exclusion. A report by New Jersey Citizen Action (2005) states that the car dealers has got $339 from blacks (more than whites) from 1993- 2000 (Pager et al, 2008).In 2005, Harris has analyzed the court cases filed for consumer discrimination from 1990 2002 and found that needed goods and services were denied for blacks and Hispanics (such as prolonged waiting time, higher prices, verbal and physical attacks). A study conducted by Williams (2005) implies that there is great variability in lending loans and there is deregulation in banking industry for Blacks and even the subprim e lenders stated that the African- Americans applicants has to pay higher rates, bank fees with closing- balance costs. Tomaskovic (2005)has suggested that African- Americans spend much time in searching for job than other races and even their residential makeup is different from Whites. The US, Department of housing with urban- development has audited Americans houses to measure the discrimination in housing against blacks, Asians, Latinos and Native Americans and found that 1 in 5 Blacks and 1 in 4 Hispanics has experienced adverse treatment during house search (Turner, 2003).These discriminations make them weak both economically as well as physically. By analyzing the impact of racism- (societal- determinant- of- Health), it is clear that racial discrimination brings inequities and inequalities in health- care among African- Americans leading to severe consequences. Even though there are greater advancements in science and technology, these racial and ethnical discriminations were left deep into the minds of people and are highly reluctant to change this attitude and indulge the feeling of one. This decimation has to be eradicated step- by- step from international aspects to national and local levels. Basically, the countrys initiatives taken to reduce the racial discriminations could be more effective only when they are proposed with strict rules. In-order to reduce the racial discrimination, UNESCOhas marked 21st March of every year asInternational- Day for the eradication (elimination) of racial- disparities. It was developed in memory of the adverse events that took place on 21st March, 1960 inSouth Africa (Sharpeville) during which the police have killed the demonstrators those who were protesting against a particular apartheidregime. United Nations has developed the first internationalhuman- rights related instrument named theUniversal- Declarations of human- rights(UDHR) that was taken legally by the United- Nations (UN) general assembly(1948) (UN- platform, 2015). The UDHR states that all the people should be treated with respect and dignity witheconomic and social rights(includingeducational rights) and culturalandpoliticalrights in participating election andcivil liberty . It also indicated that all the people should have equal right with on discrimination of race,color,gender,spoken language,religious aspect, political related aspects and other thoughts,national orsocietalorigin, personal property, place of birth and other status. The first Health- disparities inequalities report (CHDIR, 2011), that was released by CDC (the centre for disease- control with prevention) stated that a notable progress is noted in reducing the gap. By reducing this gap, African- Americans will definitely attain their physical, emotional, societal, cultural and economical health. World Health Organization has taken initiatives to handle the issues in health- inequalities and inequities that arise because of social-determinant of health. It adds that all the Governments are responsible for their peoples health that could be fulfilled only through the implementation of adequate health with societal means (UN- platform, 2015). Improper functioning of health- care systems could be a barrier to health- care and inadequate addressing of racism (societal- determinants) can hold back or reduce the progress of US on globalized health developmental goals. In 2015, the global agenda addresses the connectedness between societal policies with health in various sectors that was stated by the Rio- political declarations on societal- determinants. It has given action- plans to tackle health- inequities as to adopt an improved governance of health with development, promote community- participation in policy developing with implementing processes, reorient the health- care sy stem so as to promote health and minimize health- disparities, strengthen global collaboration with governance and promote accountability and assess health- care progress (Figure:1, WHO, 2016). The implementation of these policies and promoting accessibility to healthy foods, safer water, adequate housing with supporting networks will enhance the health- outcome of US. The health outcomes may not be achieved by just driving action into health- sectors alone but also should indulge actions in other sectors, which in-turn improves health- outcomes that contribute to attaining goals of other sectors. For ex: the healthiest population will improve the overall productivity in economy, promotes employment opportunities that help to minimize poverty as well as improves school attendance. Hence, if racism (societal- determinants- of- health) is controlled, it will not only promote the health of the Nation but also the wealth of the Nation. Reference Carrillo, E. (2016). One of the most racist places Ive ever been: Albuquerque Journal. Retrieved from https://www.abqjournal.com/809301/black-santa-fe-police-officer-calls-city-out-on-its-racism.html CHDIR. (2011). CDC Health Disparities Inequalities Report. Retrieved fromwww.cdc.gov/minorityhealth/chdir/2011/chdir2011.html Gerendi. (2008). Social determinants of black-White disparities in breast cancer mortality: A review. Cancer epidemiology Biomarkers. 17 (11). 2913- 2923 Heinze, J. (2015). And One Of the Most Racist Places in America Is...New Jersey?. Retrieved from https://patch.com/new-jersey/baskingridge/and-most-racist-place-america-iscloser-you-think National Partnership for Action. (2011). HHS Action Plan to Reduce Racial and Ethnic Health Disparities, 2011; andThe National Stakeholder Strategy for Achieving Health Equity, 2011. Retrieved from https://minorityhealth.hhs.gov/npa National Research Council.(2004). Measuring Racial Discrimination: Panel on Methods for Assessing Discrimination.Washington, DC: Comm. Natl. Stat., Div. Behav. Soc. Sci. Educ., Natl. Acad. Press. New Jersey. Racism in New Jersey: PLOS ONE journal. Retrieved from https://journals.plos.org/ NHMDP. (2010). Healthy People 2020: An Opportunity to Address Societal Determinants of Health in the U.S: Secretarys Advisory Committee on National Health Promotion and Disease Prevention Objectives for 2020 Pager, DandShepherd, H. (2008). The Sociology of Discrimination: Racial Discrimination in Employment, Housing, Credit, and Consumer Markets. Annu Rev Sociol. 34: 181209. Retrieved from https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2915460/ Pager, D. (2007). The use of field experiments for studies of employment discrimination: contributions, critiques, and directions for the future.Ann. Am. Acad. Polit. Soc. Sci.609:104133 Pascoe. (2009). Perceived discrimination and health: A meta analytic review. Psychology bulletin. 135 (4). 531- 554. Pieterse. (2012). Perceived racism and mental health among Black American adults: A meat analytic review: Journal of counseling psychology. 59 (1). 1- 9 Ramirez, L.K., Baker, E.A. Metzler, M. (2008). Promoting Health Equity: A Resource to Help Communities Address Social Determinants of Health. Atlanta: U.S. Department of Health and Human Services, Centers for Disease Control and Prevention workbook. Retrieved from https://www.cdc.gov/nccdphp/dch/programs/healthy communitiesprogram/tools/pdf/sdoh- Brennan Roscigno. (2007).The Face of Discrimination: How Race and Gender Impact Work and Home Lives. Lanham, MD: Rowman and Littlefield Siegelman, P. (2005). The evolution of employment discrimination law in the 1990s: a preliminary empirical investigation.Handbook of Employment Discrimination Research.Dordrecht, Netherlands: Springer. 261284. Sue, D.W. (2010). Microagressions in everyday life: Race, gender and sexual orientation. Hoboken, NJ. John Wiley and sons The National Prevention and Health Promotion Strategy.(2011). The National Prevention Strategy: Americas Plan for Better Health and Wellness. Retrieved from https://www.surgeongeneral.gov/initiatives/prevention/strategy/ Tomaskovic. (2005). Race and the accumulation of human capital across the career: a theoretical model and fixed-effects application:Am. J. Sociol.111: 5889. Turner.(2003). Discrimination in Metropolitan Housing Markets: National Results from Phase 2Asians and Pacific Islanders.Dep. Hous. Urban Dev. Retrieved from https://www.huduser.org/publications/pdf/phase2_final.pdf U.S. department of health and human services. (2001). Mental health: culture, race and ethnicity: A report to the surgeon general. Rockville. MDL. UN- platform. (2015). Health in the post-2015 development agenda: need for a social determinants of health approach: Joint statement of the UN Platform on Social Determinants of Health US census report. (2015). Frequently requested statistics forNew Jersey-Census. gov. Retrieved from https://www.census.gov/quickfacts/table/PST045215/34 WHO. (2016). Social determinants of health. Retrieved from https://www.who.int/social_determinants/sdh_definition/en/ Wilkinson, R., Pickett, K. (2010). The spirit level: Why greater equality makes societies stronger. New York: Bloomsbury Press. Williams. (2005). The changing face of inequality in home mortgage lending.Soc. Probl.52 (2):181208.