Governmental actions and influence on commerce The monetary impacts and societal dangers of monopolistic businesses are many. In order to fight the impacts laid by the monopolistic giants, the governments have turned to legislation as well as court cases and bring these organizations under control. Despite the fact that the procedures implemented by the US have been into action after the shift, the grounds to curb the authority in the market are consistent. While the cases of government efforts can more or less be regarded as boundless, there are two specific examples that stand out of the rest – 19th-century railways and Microsoft. 19th-century railway and government interventions As can be seen from the initial history of the US, most of the control revolved with the railroad business as its axis. The responsibility of controlling the open enterprises was initially assigned to the individual states. However, the inadequacy of the passed legislation, along with the powerlessness in controlling the railroad monopolies, clearly defined the necessity of government guidance agonizing. The first interstate admin council was formed by the 1887 section…
Cybersecurity action of U.S government and impact on international trade Internet expansion has enhanced global trade, and e-commerce has become one of the innovative methods of conducting business. Communication and connectivity have expanded as well. Besides that, cloud computing is enhancing the connectivity of businesses. However, global connectivity poses risks associated with cyberattacks (Forbes.com, 2020). The e-commerce sites are the soft target of hackers. Hacking and data theft have posed increasing risks. Consumer’s trust is getting affected, and digital trade is causing damage to millions of dollars. Hence, the U.S government has created strategies to strengthen the cybersecurity of networks and computer systems. The government has become severe about forming alliances and partnerships with international firms to optimize the resources and enhance the capabilities of the cybersecurity policies. The government has passed the U.S Cybersecurity Information Sharing Act so that information regarding the upcoming threats and vulnerabilities can be shared with business firms. The target firms can adapt to the necessary changes and respond quickly. The action of the U.S government has a positive impact on the e-commerce business. It…
The impact of the government’s actions on the nation’s trade and commerce The retaliatory actions of the U.S government and the overall impact of new tariffs have a negative impact on commerce and trade. In December 2019, the government has delayed a scheduled tariff of 15% on Chinese goods worth $160 billion (Liu & Woo, 2018). The government later announced that it had decreased the 15% tariff to 7.5%. These actions were taken by the Trump administration, and it has a negative impact on trading relations with China. Apart from China, the government has also imposed approximately $88 billion new taxes on the citizens of America, and millions of products have been levied taxes in this manner. The additional tariffs are likely to reduce the nation’s GDP, and the unemployment rate of the country will increase as well. The economists understand the positive impact of free trade and claims that it can enhance the economic output of the nation. However, a recent increase in the tariffs can be considered as a trade barrier for domestic and international ventures. The U.S…
Government legal obligations about Coronavirus outbreak At the beginning of the year 2020, the world health organization declared the Covid-19 disease outbreak in Hubei province from China. By 20th march 2020, there were over 300, 000 cases worldwide, with the most cases in Italy and China. There over 80,000 Covid 19 cases in China, but the statistics keep changing as more cases are identified each day. On the other hand, the death rate in Italy has overtaken death rates in China. As over 4000 people have already lost their lives due to Covid-19 in Italy while in China they are slightly above 3000. The statistics keep changing as the disease is easily spread. As we all know, humans connect and interact as they go about their prevalent activities. WHO and governments are sensitizing people to socially distance to avoid further spread of the Covid-19 since its cure has not been found yet. During this critical period, each country’s government needs to be up to the task to ensure the safety of its citizens. Without adequate protective policies in the government…
The American Government Questions What do you think would happen to state employment if the federal government decided that, rather than passing laws and making states carry them out, it would simply give the states responsibility for a major social program such as welfare? Provide at least two (2) examples of what might happen in this situation. The federal government is responsible for controlling the entire nation. As such, general laws are passed by the state whereby upon approval, they are passed over to the states. This ensures uniformity, at the same time preventing conflicting rules. At the same time, the federal government directly controls the states using regulations (Cammisa, 2018). This limits the revenue they generate as the federal government controls it. In a situation whereby the state is given control, there will be more funds for the state to spend. As such, employment will significantly increase. This is because the state will be in a position to come up with many development programs. At the same time, it will also carry out expansion of the existing programs as…
Iran’s Government to Blame for Coronavirus Pandemic Arrogance and deliberate inaction disabled Iran’s authorities from controlling the coronavirus epidemic when it first broke out. When the authorities first heard of the outbreak in China, they overconfidently claimed that coronavirus would not affect Iran. In fact, so immune was Iran to coronavirus that the government bragged that Iran would export face masks to china to help the troubled state (Fassihi & Kirkpatrick 2020). The officials stated that Iran’s health facilities were well-equipped to manage any health crisis, and did not take any extra preparedness measures for the health workers or the facilities. Iran was also motivated to maintain trade ties with China and did not cancel flights to the country, as noted by Mahan Air’s continued travels to China (Kangarlou & Hincks 2020). Worse still, the travelers were not screened, and the negligence, combined with unpreparedness, caused a high death toll of almost 1000 Iranians by mid-March (Kangarlou & Hincks 2020). Of note is, Iran now has the highest cases of coronavirus in Asia besides China. The government’s activities caused an…
Promotion of Marriages by the UK Government Funding marriage programs UK government support for marriages and relationships dates back in the 1940s. It is during this time that politics engaged much on marriage issues and matters concerning the marriage relationship. During the era, the attributes that surrounded traditional marriages were substantially upheld (Hyton, 2015). By then, the government showed great concern over marriage affairs by support and promotion through education and funds, though there was minimal financing (Wilson, 2006). However, in the year 2000, the government accepted the recommendations for increased funding for marriage institutions. Finances promoted education to the young people on marital matters (Van Acker, n.d). Initiation of marriage programs Initiatives such as the ‘Family Services Program’ provided education and counseling on marriages. One of the goals of such a program was to create awareness concerning marriage unions. Education egged of preventive measures for long-lasting and unbreakable relationships (Wray, 2016). In the 1990s, the Labor government increased funding for more training, and the response was positive. Almost twenty-eight thousand people out of who were married attended almost seventeen…
Israel: President to give opposition leader prerogative to form government Israeli President Reuven Rivlin said on Sunday that he had decided to give opposition leader Benny Gantz the first opportunity to form a government after the latest elections. The decision was announced after consultation with leaders of all parties elected to the Israeli Parliament. Rivlin called a meeting with Gantz and the current prime minister, Benjamin Netanyahu, to try to break the blockade that paralyzed the country’s political system last year, which could threaten Israel’s response to the coronavirus. After the third inconclusive election in a year, a unity government may be the only way to overcome paralysis. Netanyahu’s party, Linkud, emerged from the March 2 elections as the largest individual force, but it gathered only 58 supporters in Parliament. Opponents, with a narrow majority of 61 seats, had already recommended to the president that he give Gantz the prerogative to form a government. However, these parties are also divided, which makes the formation of a coalition by the leader of the White and Blue party uncertain.…
Acquisition by the federal government Acquisition by the federal government starts with the identification of a specific need affecting the government. A Contracting Officer appointed by the Federal government, prepares and oversees the procurement of the proposal. This activity is divided into several sections beginning with the formulation of the idea on how the acquisition will be made. Consequently, a problem statement is developed. This will ensure that every activity is based on the subject matter. The process will set off with the development of a proposal. This proposal is extracted from the Request for Proposal, which exists in the statement of work. A plan will indicate to the contractor’s ability to handle the task at hand, since in the proposal, they are required to produce their expected approach to the project and how they have worked with past activities with the same complexity and magnitude. Plans that delve into the experience and emphasize the contractor’s ability to work on the task have proven vital as they usually save the committee on time. When the proposal is accepted, the contractor…
Japan’s Chief investment officer for Government Chief Investment Fund (GPIF) Japan’s Chief investment officer for Government Chief Investment Fund (GPIF) requested Sony Computer Science Lab to build an artificial intelligence cyber hound robot to assist the organization to supervise the external fund officers who manage the $ 1.6 trillion of GPIF’S assets. The robot would be tasked with performance measurement and management by catching investors who abandon their goals, screen prospective portfolio managers based on their past performance record, and differentiate between their skills in bringing profits. The project aims to improve the organization’s finance management. The organization has been losing millions in investments because the portfolio managers cannot accurately determine the stock exchange investment behavior. Hence GPIF will adopt the implementation of the artificially intelligent robot, which will enable the organization to turn around its profits by accurately determining investment patterns through massive portfolio comparison and data calculation. In my opinion, the company does not need artificial intelligence robots to measure and manage its performance. The robot can expose the organization to privacy risks because its handlers cannot determine…