CAPITALISM IN FUTURE Capitalism is defined as an economic system in which private individuals or corporates own means of production and distribution. In a capitalistic economy, a country’s trade is controlled by those who own profits, other than the state. Capitalism has been a tool for generating wealth for some individuals. However, capitalism has devastated the planet. It does not improve humanity in any way, but rather, take part in tearing the globe down. Due to the nature of a capitalistic economy, individuals strive to make on their own and safeguard what they have. This has led to the emergence of selfish human activities, as everyone strives to survive. These human activities are contributing to the extinction of natural resources and climatic changes that are adverse to humanity. Unless capitalism is changed, it is going to tear down humanity completely. This paper focuses on the future of capitalism and its impacts on humanity. According to the projections by the United Nations, the world population is set to reach 10 billion in the next fifty years. The increase in population does…
Business-Word Economy VERTICAL DISINTEGRATION Vertical disintegration is to a particular organizational form of industrial production. Unlike vertical integration, in which production occurs with a singular organization, vertical disintegration means that different or several diseconomies of scale or scope have been broken down a production process into separate companies where each will be performing a limited set of activities for a finished product, (Chen and Yongmin 2005). Filmed entertainment was once highly vertical integrated into a studio system only a few large studios handled everything in production to a theatrical presentation. When the second world war ended, the industry was broken into small fragments, each specializing in a particular task within the division of labour required to produce and show a finished piece of filmed entertainment. Hollywood became highly vertically integrated, with specialized firms who only performed specific tasks such as editing, special effects, trailers etc. Bell system divestiture had a similar impact on a more massive industry later in the 20th century, (Doellgast, Virginia, and Greer 2007). One of the main reason for vertical disintegration is risk-sharing (Holmes and Thomas,…
BUSINESS-WORLD ECONOMY VERTICAL DISINTEGRATION Vertical disintegration is a situation where various diseconomies of scale or scope have broken the production process into different separate companies, each performing a limited subset of activities required to create a finished product, (Chen andYongmin2005). One of the mainreasons for vertical disintegration is to share risk where, in some cases, small firms may be responsive to changes in market conditions. Vertical disintegration is most likely to operate in volatile markets. Business is always looking for new methods to reduce cost and to control the quality of the products and the services the industry provide(Doellgast, Virginia, and Greer 2007).A company can have the ability to create a competitive advantage by integrating different stages of its supply chain and production process into their business.. A firm can be currently vertically integrated into several stages may decide to exit from a specific or particular stage for strategic or cost reasons. In case of technical advances or change in competitive conditions, this may be cheaper for a firm to buy materials from outside suppliers than continuing to self-supply. The…
Climate Change and Possible Solutions to Climate Change Climate Change Background information Climate change is turning out to be a hot subject of discussion as it influences the world balance. For instance, around 10-15 years ago, China experienced the greatest automobile boom; they sold millions of SUVs and cars without recognizing the amount of carbon emission it will release to the environment. These actions lead to the release of gases to the ozone layer resulting in global temperature change; when the earth’s temperature rises, it becomes warmer and causes a chain of reactions to different parts of the world, notably Antarctica and Arctic. The warmer temperatures later shatter, and glaciers are melts, thus causing the sea level to rise; this, after that, results in the sinking of islands that are below the sea level to disappear. Wilson, the Maldives, a famous tourist destination, is the victim of climate change. “There used to exist an island known as Hulhumale. Currently, it is nothing but sandy reefs due to the rise of the water level hence sinking the island” (Wilson 2017). This…
The Blue and Green Seminar The Blue and Green seminar is a presentation on models for rainfed and irrigated agriculture on the landscape. The facilitator, Sarah Goslee, is a researcher for the USDA Agricultural Research Service. Exploring different models developed using the data at her disposal, the researcher looked into various aspects of farming in the country. Factors such as climatic conditions and soil characteristics are some of the primary considerations of the models developed. Picturing the United States as a landscape for agriculture, the facilitator explores the various models investigating the changes that have occurred in rainfed and irrigated farming of selected crops as well as the changes that might happen shortly. The models are based on the areas where these crops, for instance, corn, are currently grown. By large, the arguments and facts presented by the facilitator are aimed at an academic audience. Mainly, the use of statistics, in-depth research, and prediction models are widely believed to belong to academic circles. However, as the author notes, some of the data in the presentation may not be broadly accepted…
How the government can Influence Positive and Negative Externalities. Externalities arise in an economy once the consumption or production of a particular service or goods influences a third party who is not linked directly to the consumption or production of that product or service (Cornes, 1986). Externalities are overspill benefits and costs. When an expense spills over, a negative externality arises. If a profit spills over, a beneficial externality arises. Thus, externalities occur when the transaction’s costs or benefits fall on someone who is not the manufacturer or the buyer. Negative Externalities Over the past several weeks, a town with one of Parkruns ‘largest populations, Canberra, has gone without people. So dense and unhealthy was the pollution coming in from bush fires nationally that two of the eight Parkruns in Canberra and neighboring Queanbeyan were deserted for some time. There existed an impact on the economy as well. Individuals were expected to go to a coffee shop after each Parkrun to have a coffee or a slice of banana pie. The smoke resulted in several small enterprises going out for four…
Factors affecting the community’s shape, layout, and density The configuration of a community is the result of many interacting factors, both living and non-living factors, culture, and by events that happened during its history. For instance, the climate patterns of where people live, the geography of the location of a community’s residence affect the layout and density of a population. Besides geographical factors, social, political, demographic, and historical factors play a significant role in shaping a community. While some researchers attach more significance to natural factors, (Garcia, 2016), argue that cultural factors play a vital role in determining the shape and structure of a community. Culture is defined as the sum total of all-learned knowledge and behavior passed from one generation to the next in a particular society. Culture affects the kinship system, architectural styles, literature, customs, rituals and beliefs, culinary styles, clothing styles, art, music, and political structure. For instance, beliefs that men should be strong and not show weakness by accessing medical care will affect the shape and layout of a community by the number of women…
Research Proposal: The Effects of Financial Crisis of 2007/2008 on US Banking and Insurance Sectors CHAPTER 1: INTRODUCTION 1.0 Introduction Financial crisis, by integrating certain systemic and cyclical causes, is a phenomenon with an immense effect on the global economy, as we see daily circumstances that endanger financial stability around the world economy. The first signs of the onset of the global recession were noticed in 2007. A giant in the financial world of America was faced with a severe problem at a minute’s throw. The condition would again look grim, as Lehman Brothers ‘Bank sent a bankruptcy process soon after the FCD attempts. The presence of other systemic and recurring causes, and any financial turmoil, could be emphasized in many ways, which had been tight even for some time now. 1.1 Background information Leading analysts have called the financial crisis in 2007-2009 the most significant economic turmoil after the Great Depression and the global consequences of the failure of the major corporations, a trillion-dollar decline in consumer wealth, major policy commitments, and a dramatic decrease in economic activity. The…
Impact of Social and Ecological systems on sustainability The three actual dimensions of sustainability in the present-world include the economic, social, and environmental/ecological aspects. No aspect among these outweighs the other in its importance as all have an equal impact on the sustainability of our world resources for future generations. There are some; however, that showcase striking similarities in their ideologies and are the ones that are mostly focused upon in sustainability efforts, as they appear to have the most evident impact in conserving resources. These are the ecological and social systems. Interactions among both social and ecological systems, in a significant way, affect how sustainable a resource will be. While social networks refer to the relationships between individuals, groups, or institutions and consequent interactions fostered by these relationships, ecological systems can get described as the interactions between any organism and its environment (Argos, 2015). Each has nearly as much impact as the other in determining how much of a resource will get depleted within a specific frame of time and how much of it will get left for future generations.…
Finance Bell Abstract Financial management is a vital, and often challenging undertaking for individuals. Many have to struggle with organizing and following up on multiple debts, savings, investments, salaries, and other financial factors. Finance Bell is an application that is intended to bridge this gap and create an enhanced environment for better planning and organization financially. Targeted advertisements on the app will be useful in presenting relevant content for the various users who will be on the platform. Identifying this gap in the market required in-depth research in the finance and personal finance management aspects in daily life. Extensive research leads to better findings, and, in this case, a better and improved idea. It is evident from data that numerous individuals are grappling with financial management issues but receive non-effective assistance from platforms that lack or undermine strategic approaches. Finance Bell brings ease to the process of transaction recording, evaluation, and other financial management processes. The paper presents a detailed breakdown of the approach to the idea and highlights the various elements and their importance to the business startup. …