Monday, February 24, 2020

Anything having to do with economics Essay Example | Topics and Well Written Essays - 1250 words

Anything having to do with economics - Essay Example 4): Human resources: labor. The labor force is limited both in number and in skills. Manufactured resources or capital. Capital consists of all those inputs that have themselves been produced in the first place. The world has a limited stock of capital: a limited supply of factories, machines, transportation and other equipment. The productivity of capital is limited by the state of technology. Hence, scarcity arises due to comparative unlimited human wants in the limited set of available resources to satisfy these wants. In other words, in free market economy scarcity occurs either because of increase in demand or decrease in supply. Also known as pure capitalist system; where individuals are free to make their demand decisions. The decisions of consumers and firms pertaining to the demand and supply of goods are transmitted to each one of them via the effect of these decisions on prices. This in turn, sets the equilibrium price level in the economy. Hence, prices are set via free interaction of demand and supply of goods and services, in a market where consumers are free to make their own choices according to their own income levels, firms are free to supply what they decide according to their own investment. government interference to run the economic system exists with the help of businesses. United States, however, is a good example of free market system where government intervention is minimal and mostly prices are determined through market forces of demand and supply. â€Å"an economy where supply and price are regulated by the government rather than market forces. Government planners decide which goods and services are produced and how they are distributed. The former Soviet Union was an example of a command economy†. Command economies are usually recognizable in places where the presence of socialist or communist systems of

Saturday, February 8, 2020

GA Army National Guard Should Provide Laptop Access to all Soldiers Assignment

GA Army National Guard Should Provide Laptop Access to all Soldiers - Assignment Example The reason for this effort is to find out the best possible way to give the Georgia Army national Guardsmen access to computers. There are two options on the table to achieve this. Option one is to designate a computer lab at each armory, while option two is to buy laptops for soldiers. Cost, efficiency, time, desirability and practicality form the criteria for rationing the decision. Internet research, phone calls, unit surveys and interviews are performed to research data to analyze the criteria. After careful analysis option one turns out to be the better of the two. Designating a computer lab offers many advantages and scores higher on the criterion table. Other than lower cost ‘option one’ can be completed in lesser time. Technology is imperative in the military. There are no second opinions in the argument that the soldiers need to learn, acquire and practice the technology skills. The war in Afghanistan is ending. The troops have to return home soon. In the near future The National Guard will be relatively inactive at the international level. The Georgia Army National Guard is focusing on the education and the professional growth of their soldiers. Although the national guards are not recruits where the administration forces them to complete their education and grow in the professional career of their choosing, yet, if they do choose to grow within the ranks then they need to put a lot of effort in accomplishing those goals. And the best way to do that are the online courses. These courses take weeks to complete. And those courses are not the only thing on their schedule. They have to show good performance in the annual and monthly NCOERs. The administration is also responsible for completing any c ounseling statements. The soldiers have a lot of work that they need to complete on a computer. The unfortunate thing is that not all soldiers have computers or desktops in their homes. Moreover, the soldiers have different computers and