Laptop Economics Writing Assignment Factors Influencing Demand - 825 Words

Laptop Economics Writing Assignment: Factors Influencing Demand (Research Paper Sample) Content: Laptop EconomicsStudents NameInstitutional AffiliationLaptop EconomicsAs a student, one of the devices used on a daily basis is the laptop. It is a multipurpose device that facilitates learning in an indispensable manner. Its market is broad due to its many purposes. Virtually all professions make use of the laptop from Engineers, Medicine to architecture and even accountancy (Eizenberg, 2014). Thus, the economics surrounding this product are interesting especially in reference to the substitution threat that it faces from the smartphone technology.Factors influencing demandThe demand for laptops has been increasing over the years. Nonetheless, this increase has been noted to be slow and disrupted mainly because of introduction of smartphones. Deng, Babbitt and Williams (2011) established that the demand for laptops was on the rise in 2005 onwards but dwindled sharply when smartphone accessibility and applications increased from 2006. This innovative nature of smartph ones plus the conversion of apps used on laptops to be usable in smartphones posed a serious threat to the demand for laptops. A study by Want (2009) found that today there are few things that a laptop can do that a smartphone cannot do compared to the period before 2005. In fact, the author bravely states that smartphones today can do more than a laptop can do which has adversely affected the demand for laptops. Thus, one of the factors that has affected the demand for laptops is the obsolescence of the laptop market utility.Another factor is the price. Laptops are typically expensive for the average person or rather they are costly than the next substitute which is a smartphone. For this reason, smartphones have increased in demand over the years at the expense of laptops. In addition, the portability and ease of use of the smartphones in the same capacity as smartphones has led to increased demand in smartphones as many people can access the internet, the mail and even office doc uments through their smartphones (Want, 2009). These were roles that were reserved for laptops in the past but not anymore. Therefore, the convenience that smartphones offer has threatened and reduced the demand for laptops.Factors influencing supplyThe supply of laptops is also affected adversely in two main ways. Firstly, most tech stores prefer to stock smartphones rather than laptops because of the turnover the smartphones offer to the business. In fact, a study by Eizenberg (2014) found that for every laptop sold, five smartphones are sold. Thus, most managers prefer stocking more smartphones than laptops adversely affecting the availability of laptops. Secondly, laptops prices make them inaccessible to many people around the world. Averaging between $200 to $500, laptops are beyond the reach of most people. These are the two major factors that affect the supply of laptops.Equilibrium priceThe price of the laptops today has stabilized. This has happened mainly due to the influe nce of demand and supply. In terms of demand, laptops have become work accessories and for gaming. These are the only market niches that the devices are not in competition with smartphones. Thus, the price for the product has been maintained at a price accommodative for the gamers and professionals. On the other hand, supply has positioned the laptops in competition with smartphones. Since not many laptops are being stocked, most stores place a price that is commensurate with five smartphones as noted earlier in the turnover assessment (Want, 2009). Thus, the price is generally high than that of most smartphones but affordable to gamers and most professionals.Changes in futureThe future will does not look bright for the laptops. The rate in which smartphones are innovated is likely to render laptops obsolete in the future. The one thing that laptops holds over smartphones right now is that professional ty...

Religion and Spirituality in Native American Culture Essay

Religion amp; Spirituality in the Native American Culture When the topic of the beliefs of the Native American culture arises, most people have generally the same ideas about the culture’s beliefs: they are very strong. Being part Native American myself, from the Cherokee tribe, I was raised to know my culture pretty well and follow the same beliefs that they teach and follow. One thing f that my grandma, who is the great-granddaughter of a Cherokee Chief, instilled in me is the importance of my beliefs in God. When the Europeans came to North America and saw the spiritual practices, ceremonies, and rituals being performed, they thought of the Native Americans as barbarians and their practices pagan, and that’s when the fight to keep†¦show more content†¦Throughout the decades, United States policy in Indian affairs shifted, and eventually Congress took steps to establish certain protections for Native American religious practices. In 1978, Congress enacted the American Indian Religious Freedom Act which stated: quot;[I]t shall be the policy of the United States to protect and preserve for American Indians their inherent right of freedom to believe, express, and exercise the traditional religions of the American Indian, Eskimo, Aleut, and Native Hawaiians, including but not limited to access to sites, use and possession of sacred objects, and the freedom to worship through ceremonials and traditional ritesquot; (Dill).nbsp;nbsp;nbsp;nbsp;nbsp; As promising as this Act appeared for Native Americans wanting to be free from governmental intrusion in practicing their native spirituality, it contained a fatal flaw: there was no provision for enforcement. The Supreme Court interpreted the Act to be merely a requirement that the government consult with the Indians about the potential devastating effects its actions might have on Indian religious practices. For the Indian people, the Act meant absolutely nothing without provisions for enforcement. Many Native Americans ended up in prison for simply practicing their spirituality in the traditional ways that their ancestors had used since time immemorialShow MoreRelatedChristianity in Monkey Beach by Eden Robinson1083 Words   |  5 PagesThe theme of spirituality takes place in many novels that we have read this semester. Natives has used spiritual guidance as a means of connecting with their past and honoring their ancestors. To Natives, spirits have always played an important ro le in their culture and everyday lives. When Natives were forced to convert to Christianity and over time have their beliefs sucked out of them, the spiritual connection was broken as generations passed. One novel that particularly spoke to me on this subjectRead MoreHow American Indians Have Adapted their Culture Since Colonization962 Words   |  4 Pagesfirst Americans â€Å"Indians† and how they’ve adapted with their religion, subsistence strategy, social organization, and material culture. Over the years things have change in the history of Native Americans, prior to the reconstruction period, Native Americans knew who they were and what they lived for. Before the Europeans came and changed their living they one with nature and the land they’ve came to know. They believe that America was there’s and they lived free. In today’s history of Native AmericansRead MoreEssay on Native American Tradition and Religion1319 Words   |  6 PagesNorth A merica, different native religions evolved to match the needs and lifestyles of the individual tribe. Religious traditions of aboriginal peoples around the world tend to be heavily influenced by their methods of acquiring food, whether by hunting wild animals or by agriculture. Native American spirituality is no exception. Traditional Lakota spirituality is a form of religious belief that each thing, plant and animal has a spirit. The Native American spirituality has an inseparable connectionRead MoreNative American Religions1160 Words   |  5 PagesOver the century Native American religions have been repressed and misunderstood. There has been little room for them to actually be able to explain their rituals and why it is important to them as a society. This ignorance’s has resulted in the loss of land, false practices with sacred objects, and a lack of education within the rituals of indigenous religions. The indigenous population deserves support to preserve their practi ces and language. Since most of these religions have been repressed forRead MoreThe Nature Of Spirituality : The Iroquois Nation Of The Eastern Woodlands1684 Words   |  7 PagesThe nature of spirituality may be difficult for someone outside of their culture to understand. Many Native Americans are visionary, dreamers, and mystic in animated worlds of spirits. Indians have encouraged the seeking of visions and dreams through various practices and beliefs. The Iroquois Nation of the eastern woodlands was one of the most highly organized civilizations that developed among Native American tribes in North America. Their religion was based off on an all power known as â€Å"The GreatRead MoreNative American Spirituality And Native Americans1374 Words   |  6 Pages For Native Americans, protecting their sacred ways was and is a matter of survival, but it is also a matter of respect for the power that is involved. Across the United States, there are more than 558 federally recognize d and several hundred state recognized Native American nations (Russell, 1998). Given the wide-ranging diversity of this population consisting of 2.3 million people, it is essential to understand that the term Native American spirituality encompasses the vastness of more than 500Read MoreCultural Influences On End Of Life Care916 Words   |  4 Pagescare providers interact with patients from many different cultures. It is important to be knowledgeable and respectable of other cultures. Health care providers will be able to improve the experience of the patient if they are more culturally. More than 500 nations of Native Americans exist in the United States with a population of over four million people. Each has their own language, culture, healers, and tribal customs and religions informed (B. Stuart, Cherry, J. Stuart, 2011). The purposeRead MoreEducation, Land Tenure, And Their Religion1521 Words   |  7 PagesThere are many aspects which changed most in the lives of Sou th Dakota’s Native American Population from the pre-contact era to the present. The three aspects that will be discussed in this paper will be education, land tenure, and their religion/spirituality. The first aspect that will be addressed is education. Indian children and Indian people did not necessarily have an â€Å"education†. They learned the ways and religion of their people. This was mainly all the people needed to know. Allotment createdRead MoreFaith Diversity and Healthcare Providers1231 Words   |  5 Pagescommunity. Christianity is still the predominant religion, but a recent survey by the Pew Forum on Religion amp; Public Life details the shifts taking place in the U.S. According to the study, 28 percent of American adults have left the faith of their upbringing for another religion, or no religion at all. The number of people that claim no affiliation with any particular faith is rising, and the number of people practicing non-Christian religions is increasing (Pew Forum 2010). For the bedsideRead MoreHealth Care Provider And Faith Diversity1563 Words   |  7 PagesHealth Care Provider and Faith Diversity The United States has always been the symbol of freedom of religion and health care today has needed to increase its knowledge in incorporating the many different religions/spiritual beliefs in order to provide a more holistic approach to care. As health care providers we should not look in validating our own practice in regards to religion or spirituality but to comprehend and learn to see the patterns of similarities and differences in order to provide holistic

Raising The Federal Minimum Wage - 1277 Words

The idea of raising the federal minimum wage that has developed nation wide attention, including protesting and arguments, has caused many discussions on why it could potentially help the economy grow and how it could result in the crash of the economy. Many people feel like raising the federal minimum wage is a must, while others think it will destroy the economy. There are many benefits that come with raising the federal minimum wage, but those benefits also come with many disadvantages. The first federal minimum wage mandated by the government was in 1938. When the first minimum wage became law in 1938, it was set at just 25 cents. Today, the federal minimum wage mandated by the government is set at $7.25 an hour. â€Å"Many states have their own set minimum wages, which are currently above $7.25 per hour already. Currently, 29 states and the District of Columbia (D.C.) have minimum wages above the federal minimum wage of $7.25 per hour. D.C. s new wage of $10.50 an hour makes it the first jurisdiction to cross the $10 threshold among the states,† (Halvorson). The last time that the federal minimum wage mandated by the government was changed was over 8 years ago. â€Å"The last time Congress voted to raise the minimum wage to its current rate of $7.25 an hour was on May 24, 2007. Since then, the cost of life s essentials has shot up. Groceries cost 20% more, a gallon of gas costs 25% more, and average tuition at a community college increased 44%. But the minimum wage remains atShow MoreRelatedRaising The Federal Minimum Wage889 Words   |  4 Pages In my report, I will go into detail and show how raising the federal minimum wage would positively effect the economy. In doing so, I will be discussing how an increase in the federal minimum wage would make a vast improvement on the way many low income families live, and also how raising the federal minimum wage would boost the economy as it desperately needs. In raising the federal minimum wage, one might argue that it would cause a spike in the unemployment rate. The reasoning is that it wouldRead MoreRaising The Federal Minimum Wage799 Words   |  4 Pages In the US, President Barack Obama urges Congress to raise the federal minimum wage to $10.10 an hour from $7.25. Although some Republicans oppose to this action, overwhelming majority of Americans see that is a good idea (The Guardian, 2014). Regarding to the issue of minimum wage, there have been lots of debates for a long time. Some economists such as Milton Friedman deeply believe that minimum wage kills jobs, but some like Alan Krueger and David Card think, to some extend, it actually increasedRead MoreRaising The Federal Minimum Wage1225 Words   |  5 Pages Study shows that wage increases do lower poverty, by 2.4% if wage at $8.00, consistent with other studies. (Washington Post/ Arin Dube) 1. Raising the federal minimum wage doesn’t cause substantial unemployment as most economists agree, including over 600 economists who wrote a letter to Congress urging a wage increase, and the Economic Policy Institute. A. Identify shortcomings of the opposition (fallacies they make, or weaknesses in the evidence they use) 1. Arin Dube’s study would be great,Read MoreRaising The Federal Minimum Wage969 Words   |  4 Pages At the heart of this plan was the idea that wages must be set and fair. â€Å"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.†(Roosevelt) This plan became the Fair Labor Standards Act, which set the Federal Minimum wage. Minimum wage has increased, slowly, over the years, but has not kept up with its intended purpose. Raising the federal minimum wage to a fair living wage level will improve the lives of the working poorRead MoreThe Benefits of Raising the Federal Minimum Wage1334 Words   |  6 PagesPicture this: You are a single parent of two, you work 40 hours a week plus occasional overtime at a minimum wage paying job, you struggle to put food on the table to feed your family, and then you receive a call from the bank saying that your home is being foreclosed. This is the situatio n faced by thousands of Americans every year due to low income and wealth inequality. The federal minimum wage (FMW) as of April 2014 is $7.25, which is not enough to keep a family of two above the poverty line.Read MoreEconomic Outcomes Of Raising The Federal Minimum Wage1489 Words   |  6 Pagespercent of all wage and salary workers. Among those paid by the hour, 1.3 million earned exactly the prevailing federal minimum wage of $7.25 per hour. About 1.7 million had wages below the federal minimum. Together, these 3.0 million workers with wages at or below the federal minimum made up 3.9 percent of all hourly paid workers†(Ratio of Minimum Wage). The Federal minimum wage drives debate among people today, and with many wanting the federal government to raise the minimum wage to fifteen dollarsRead MoreMinimum Wage And Fight Income Equality On Numerous Occasions1470 Words   |  6 PagesPresident Obama has expressed his desire to raise the minimum wage and fight income equal ity on numerous occasions. On January 20, 2015, president Obama made the following statement in his State of the Union Address: Of course, nothing helps families make ends meet like higher wages†¦and to everyone in this Congress who still refuses to raise the minimum wage, I say this: if you truly believe you could work full-time and support a family on less than $15,000 a year, go try it. If not, vote to giveRead MoreMinimum Wage Laws For The United States Essay1742 Words   |  7 PagesThe minimum wage is the mandated price floor paid on hourly or daily basis for the employees regulated by the government or the union. In â€Å"Federal Minimum Wage†, New Zealand and Australia enacted the first minimum wage law during the late 19th century to prevent employers’ exploitation of workers. In 1912, Massachusetts passed the first minimum wage legislation in the US that was enforced for women and children, and fifteen more states followed in the next eleven years. Howe ver, the Supreme CourtRead MoreU.s. Federal Minimum Wage Essay951 Words   |  4 PagesCongress passed the federal minimum wage law in 1938 as part of their Fair Labor Standards Act. Federal minimum wages were intended to ensure fair wages were paid to an alarming amount of women and youths employed and paid substandard wages. This also seems to be the case today, where countless Americans who work full time, cannot make ends meet by making minimum wage. Evidence shows that raising the minimum wage would drive consumer spending, thus producing faster macroeconomic growth. Wage stagnation isRead MoreU.s. Federal Minimum Wage Essay1162 Words   |  5 PagesThe current U.S. Federal Minimum Wage is $7.25 per hour. In just two years from 2013, the demanded from advocates for raising minimum wage rose from $9 to $15. However, raising the minimum wage is more complex than simply raising the number of federal standard of pay for employees. Relative control groups and other market activiti es play a part in the outcome of the minimum wage. For example, one instance of market activity was observers said that raising the minimum wage did not hurt individuals;

Outline and Assess Marxist Explanations of the Causes of Crime free essay sample

Marxist explanations of the causes of crime (50 marks) It is to a large extent that Marxism is a useful theory in explaining the causes of crime. This is because it highlights the inequalities in society and how the ruling class owns the means of production. This fails to show reasons why not everyone is facing status frustration and lower income turn to crime. One way in which Marxism is a useful theory for explaining the causes of crime is the concept of capitalism, criminogenic capitalism. Criminogenic capitalism is based on the exploitation of the working class- using them for a means to an end. Crime is not confined to the working class, greed and self interest cause white collar crimes such as tax evasion and breaches of the health and safety laws. An example to highlight this can be seen from Gordon 1988 who studied the response to the anti capitalist system and found that it is apparent that it can be found in all social classes. We will write a custom essay sample on Outline and Assess Marxist Explanations of the Causes of Crime or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This analysis shows that Marxism is useful to a large extent. Another way in which Marxism is a useful theory is that Marxists see the law making and law enforcement as only serving the interests of the capitalist class. Chambliss argues that laws that protect private property are the cornerstones of the capitalist economy. This means that ruling class almost controls the law. Snider argues that the capitalists state is reluctant to pass laws that regulate the activities of businesses or threaten their profitability. This means that the ruling class also have the power to stop the introduction of laws that would threaten their interest. However, Functionalists believe it’s because of laws that people commit crime. Like the apartheid in South Africa, Nelson Mandela was arrested as a ‘terrorist’ for protesting by white authorities. This analysis shows that Marxism is useful to a large extent as it can be seen that law making and law enforcement is only serving the interests of the ruling class. Another way that Marxism is a useful theory is the concept of status frustration. Working class are forced to conform and accept the rules and laws set by the ruling class. Chambliss (1979) argued that working class would try to increase wages and working conditions over a period of time. And the ruling class passed a law to limit wages paid to labourers. A more reason example is the government legislation enforcing benefit fraud. This is more of a working class crime. However, Functionalists challenge the concept of status frustration and argue that the laws are made for the good of everyone and that for society to work well it is to avoid anomie. This analysis shows that Marxism is useful to a large extent as it can be shown that there is seen to be a level of status frustration. One way that Marxism isn’t a useful theory is that the left realists believe that most working class crime is committed against the working class. This means that it’s not because of laws that the working class are going out to commit crimes. This means that more working class people are going to get into fights with one another over conflict of interests. This analysis shows that Marxism isn’t useful as it can be showed that crime is about conflicts of interests. Another way that Marxism isn’t useful is that functionalists believe that the reason for crime is that it’s inevitable. Durkeim (1893) believed that crime and deviance were the product of a lack of attachment to the prevailing consensus over collective values. It is impossible for everyone to have the same values. As people’s actions are the result of the norms and values they possess, they will act differently. This analysis shows that Marxism isn’t useful as it’s because of attachment to society rather than what class you’re in. In conclusion, it is to a large extent that Marxism is useful for explaining crime. According to official statistics young working class men are the most likely to commit crime, this can be explained by policing strategies, status frustration and crimeogenic capitalism. However not ever working class person will commit crime and so crime would have to be based on individuals. Marxism can be true for some types of crime.