Thursday, January 9, 2014

Government responsibilities

Different Governments have different control and different roles in the country.
In a Communistic country the leader is generally born into power. There is one ruler, meaning that it is a dictatorship. The governments responsibility in a Communistic government is everything. The government controls everything in the country; natural resources, money, laws, trade, ect. Also in a Communistic country there are no taxes because the government takes all of the people money and distributes it evenly among the people. They also control the money you get for retirement.
In a mixed economy like the U.S. the government has different roles. The officials are elected in and generally are run by a democracy. The government responsibility is to protect the people, make and enforce laws, regulate trade, control various natural resources, relations between other countries, and the minimum education of students. Taxes are based on ones income. The government decided how much and how the taxes will be collected from you. You generally have to manage your own retirement plan though. The government does use social security but you don't know how long that will last so it is good to have money saved or have a 401k plan just  in case.     

Wednesday, January 8, 2014

December 20% time

In December I was able to accomplish a lot for my twenty percent time. I measure my progress by the amount of time I spent on the project and the amount of stories I was able to gain. I was able to gain at least one story per category on my website. My website is also almost done. All I have to do is figure out how to hyper link all of my pages together. I have a lack of website skills so I don't how to do things like hyperlinking so it takes me longer to learn how to do those things and apply them to my site. However, I am learning and asking for help with it.  

Natural Resources

In different government systems the government and people have different things that they can control. This goes out to all the aspects of the country including natural resources. In the two government types listed below, Communism and Mixed Economy, here is who can control each natural resource. The country I chose to represent Communism is China and the government system I chose to represent a mixed economy is the United States.
Communism:
Oil- Government
Natural Gas- Government
Water- Government
Solar- Government
Wind- Government
Timber- Government
Minerals- Government
Coal- Government
People- Government
Mixed Economy:
Oil- Company
Natural Gas- People
Water- Government
Solar- People
Wind- People/ Company
Timber- Government
Minerals- Government
Coal- Company/ Government
People- People
In a mixed economy some of the people have more control but it depends if they own the land they want to harness the natural resources on or not. If the Government owns the land then they control the natural resources. In a Mixed Economy the people and companies have more control as to a Communist country where the Government controls everything.

Tuesday, December 17, 2013

School in different government based systems

Communism: (for example schools in China)
1. All school are equal
2. Government decided what you are going to study
3. Everyone doesn't have an equal opportunity
4. Only public school
5. Government controls wardrobe, all most every single school, if not all of them require students to wear uniforms
6. Government controlled courses
7. Chooses how long to attend school or work
8. All school paid for and provided by the government
Capitalism:
1. Public and Private school available
2. School systems based on who has money
3. Going to school is a choice, not enforced
4. Have to pay to attend school
5. You control all courses that you take
6. No government help or financial add when going to higher education
Socialism: (for example America)
1. Public and private schools
2. Students have options in what they want to do
3. Some school require uniforms, not all
4. Every one can attend schools
5. Government makes some learning mandatory such as; math, English, science, and history
6. Usually requires you to go to school to a certain age but are still able to drop out
7. Government help for higher education
Socialism+Capitalism:
1. Student has more room in choosing courses
2. Student can choose what career choice they want to follow
3. Can leave or drop out of school
4. Students pay for what education they want
Capitalism+Communism:
1. Government provides a schooling system
Communism+Socialism:
1. Both have public school
2. Possibly have to wear uniforms
3. Schools made to prepare students for workforce
4. Government has some control in courses
- There isn't really a full fledged capitalism school systems. Most school systems are a mix between social and capitalism. An example of this would be the U.S.   

Tuesday, December 10, 2013

Minimum Wage

I do not believe that we should raise minimum wage. If we raise the minimum wage to 15 dollars it will be harder for companies to pay all of there workers so they will probably have to lay people off. This will the raise unemployment. Also raising the minimum wage will cause the difference between rich and poor to increase. Also it will make it harder for unskilled workers to get jobs.
Also it is more expensive generally to live in an area with a higher minimum wage and the pverty is generally higher in those areas.
According to (www.aei.com) "The case against raising the minimum wage is straightforward: A higher wage makes it more expensive for firms to hire workers. How big an effect does this have on the job market? Economists debate this. But no one argues that increasing the minimum wage increases the number of unemployed workers who find jobs. In the end, the trade-off is clear. People who keep their jobs get more money; those who lose their jobs, or fail to get new ones, suffer." This is exactly why raising minimum wage is to harmful. It is going to cause more families to struggle instead of prosper.

http://www.forbes.com/sites/williamdunkelberg/2012/12/31/why-raising-the-minimum-wage-kills-jobs/
http://www.bloomberg.com/news/2013-01-03/two-reasons-not-to-raise-the-minimum-wage.html
http://www.aei.org/article/economics/fiscal-policy/labor/why-we-shouldnt-raise-the-minimum-wage/

Wednesday, December 4, 2013

Stocks: Stocks are shares of companies that they sell. Then when they are purchased a person can use them to make money. When the stock value goes up you can sell the stock and make back what you spent and also what you made when the stock value increased. however stocks also work the other way. They do not always go up. At times stocks also decrease in value you and you can end up loosing money.

Dividends: I am not exactly sure what a dividend is but I think that it is something among the lines of being the money that a company makes and then has to pay to the share holders or they can reinvest the money they made back into the company.

Trades: Trades are when a person buys a stock but only for a short amount of time. The stock cheap knowing that it is soon going to drastically increase in value and then once it does they sell the stock. Trades are used to make quick cash. They generally do not make as large of a value as some one who has invested in stock, but they can still make quite a bit.

Catalyst: Catalysts are anything that can affect the stock market. They cause a reaction that can either increase or decrease the value of a stock. For instance on Halloween kit kat stocks will mostly likely go up because they will sell al larger amount of candy for the holiday, but if Halloween was on a Thursday instead of a Saturday they might not sell as much cause the stock not to rise. Halloween and the day it falls on would be a catalyst because it causes a change in the stock value.

Tuesday, December 3, 2013

Cost of lemonade

One cup of lemonade according to my calculations costs 65 cents.
The variables in selling lemonade is the weather primarily. The constants are the cups because they never go bad and are always the same and also the water. The perishables would be the ice, lemons and sugar.