Balloon Economy Essay Example for Free

Balloon Economy Essay I have always wondered why our country cannot just make lots of money to pay all of its debts and to distribute to all Filipinos. I was thinking that this way we won’t have to deal with poverty anymore. This way we will have enough money to pay everything. After researching and thinking about it, I realized how naive I was. The government cannot just print out more money for it will drastically affect the balloon economy. For me to further elaborate my point, let us imagine a balloon. Not an inflated one, but a new one that you just bought from a store. This deflated balloon is still so small that I cannot appreciate its beauty as a balloon. So I put more air in it and it grows to a considerable size. Imagine that the balloon is the economy, and the air inside it is the money circulating in the economy. If we put more money in the economy (through making debts or printing more money), there will be more air, and the balloon will get bigger. When there is an abundant supply of something, its value tends to decrease. This also applies to money. As the number of circulating money increases, the value of money decreases. Now, what does this mean? It means that the purchasing capacity of money decreases, and so the prices tend to increase. This phenomenon is something we are all familiar with – inflation. There are many causes of inflation but all of them have the same effect – an increase in price of commodities. As the balloon economy gets bigger, the prices also increase. We all know that if we keep on pumping air into the balloon, sooner or later it will burst. So to prevent this, we must let air out by loosening our grip on the end of the balloon. This is what we call deflation. After inflation, deflation usually follows. Since the prices of goods are too high, consumers tend to purchase less. So the supply tends to be higher than the demand. There is a surplus of goods and services. And as I discussed earlier, a surplus of something makes its value decrease. So if this surplus continues, there will be deflation, or a decrease in price of commodities. From here we can see that the economy is indeed comparable to a balloon. It can inflate, deflate and ever burst. Knowing that the economy is like this, the government should be careful not to make the balloon pop. They should pump in just the right amount of air, and if they realize that they have pumped in too much, they must know how to loosen their grip so as to release some air from the balloon.

The Most Appropriate Pricing Technique for Cadbury Essay -- Business M

The Most Appropriate Pricing Technique for Cadbury There are 7 different pricing techniques that are available to Cadbury. 1. First pricing technique is skimming pricing. With skimming pricing, these prices are set very high to take advantage of some peoples desire for a new product or design at any price. Skimming is most effective if demand is inelastic. For e.g. Cadbury put their prices at the same as most of their competitors and at the price their customers are able to pay. 2. Cost plus pricing Pricing methods which are based on the cost structure of Cadbury that are favoured by accountants because they are supposedly more accurate and reliable. Cadbury is trying to maximise it profits. This method works successfully because all costs need to be accurately accounted. In many firms this is a very difficult process which is why the simpler mark-up procedure is used. Cost plus pricing tends to ignore the demand for the product and the competition. 3. Positioning pricing Cadbury uses this method to position prices that are set which reflect the consumers view of the chocolate bean. 4. Demand based pricing Cadbury set their prices based on what they think the consumer is prepared to pay. If they don’t then they wont sell as good as they thought. If they do sell at the customer’s price they will have a good reputation and an output of more customers. 5. Competitive pricing In this situation Cadbury set a price roughly in line with their competitors. This will depend on the type of competition that exists for the chocolate bean. It is particularly the number of seller and the number of buyers. This process works reasonably well if the cost structures of the companies are roughly similar. 6. Discount pricing Cadbury is a competitive market which buyers should be able to obtain goods for less than the advertised price. Many firms can be forced into price-cutting if they are short of cash or need to increase sales quickly. 7. Different pricing Cadbury may change different prices sometimes for the same product at different times. Its prices will be based on the elasticity of demand for the chocolate bean. Which is the most appropriate for this market type? The most appropriate strategy for Cadbury is Cost Plus pricing and Demand based pricing. Cost plus pricing is appropriate because the information is more accurate and reliable which is good... ...ghtly difficult but they have managed due to good marketing strategies. It has distributed its products in many ways even if they have failed in some but they always try to find the right way to distribute their product so their customers stay satisfied. PRODUCER WHOLESALER RETAILER COMSUMER When there are a large number of retailers, Cadbury (the manufactures) will usually deal with a wholesaler who buys in bulk, stores the products and sells them on to the retailer in smaller quantities. A small grocer will usually go to the wholesaler. This is mainly done regularly to avoid the small space. Advantages of long channels - Retailer gains convenience and minimises storage costs - Consumers are able to buy in small quantities from retailers - Goods are available close to where they are needed - Wholesalers provide valuable retailer support services - Transport costs are lower because the producer does not have to make as many deliveries. Disadvantages of long channels - Prices tend to be higher when goods change hands many times; compare prices in the corner shop with those in supermarkets - Producers have less control over the way in which goods are stored and sold

Conservative dominance in the years 1951 to 1964 Essay

The main reason for conservative dominance in the years 1951 to 1964 was labour disunity?† Access the validity of this view I agree with this statement as the labour party leaders were ageing. The labour leaders were from the pre-war era therefore it meant that they were not in touch with the population. This led to labour disunity throughout the years as it caused Attlee to retire, he found that he couldn’t understand what the young wanted. For the public they left their trust with the labour party and put it in the conservatives as they felt that labour had failed to create the consumer revolution that everyone had hoped for. By 1951 the public were also fed up with the rationing that they still had to endure even though the war had ended 6 years ago therefore this helped the conservative dominance in those years. Another reason as to why labour disunity was to blame for labour dominance was the growing split in the party caused by the Bevanites and Gaitskillites. The split in the party was due to Gaitskell introducing prescription and dentistry charges. Bevan supported the left wing of the party whereas Gaitskell supported the right wing of the party and followed Attlee in becoming the next leader of labour government. The split led to disunity as Gaitskell didn’t have the full support of the party; his ideas were always going to be argued against. Another reason why the split caused disunity in the labour party was to do with the trade unions. The trade unions were supporting the left wing of the party; this was a problem particularly during the Scarborough conference in 1960. Frank Cousins was the leader of the one of the most powerful unions, TGWU (transport and general workers) and was an extreme left wing. He led fierce opposition to Gaitskell over Britain’s nuclear weapons. Gaitskell wanted Britain to have nuclear weapons because of the looming threat of Russia, during the cold war; they could wipe out countries at any time. At the party conference in Scarborough Frank Cousins opposed Gaitskell’s leadership over the labour party and in particular nuclear weapons. He challenged Gaitskell over his decision not to refect unilateral disarmament. This caused disunity in the party because it showed to the public how weak the labour party was if a trade union leader, who had no power within the party was able to dictate what they did. It showed to them that someone who was a small minority was able to gather a lot of power. It was humiliation for Gaitskell because it showed he wasn’t able to control what was happening to the party. Alsoà ‚  disunity in the party was due to the fact that the left wing of the party was closely associated with CND (campaign for nuclear disarmament). The left wing side of the labour party were in favour of nuclear disarmament and being connected with nuclear disarmament scared many labour supporters. Many people were not in favour of nuclear disarmament as it was at the height of the cold war and they were scared of a nuclear war happening; this link between the CND and the labour party could have led to many voters turning away from the labour party in the 1959 election. Another reason which could have turned people away from voting for the labour party in the 1959 election was the association of CND being anti-government. Their ‘unilateralism’ became a powerful magnet for anti-government protest in some ways it almost was seen as a substitute for opposition in government. With many labour left-wingers associated with one of the most powerful pressure groups in Britain it made people question the ideas that the labour government had and their ability to run the country. The final reason for a split in labour disunity was clause four. Clause four was the commitment to nationalisation of everything which was a step towards socialism and communism. Gaitskell put forward the idea to abolish this clause and labours commitment to nationalisation to nationalisation. He was impressed with the way Germany had dumped their commitments to Marxist ideas in their party conference in 1959. Many people including the left wing of labour opposed this ide a and Gaitskell had to back down from his idea. With events happening in the world connected with socialism and communism, the abolishment of clause four was linked to the ideas of radical socialism which scared people as it was too close to communism for their liking. However it wasn’t just the labour disunity that caused the conservative party to remain dominant. The conservatives had strengths of their own that they used to the best of their ability. When conservatives came into power in 1951 it marked the end of the austerity era and the start of the post war boom. From 1952 most economic indicators pointed upwards with the boom in car ownership, home ownership increased, helped by the easy access to cheap mortgages and food rationing ended completely in 1954. Harold Macmillan who was then the housing minister fulfilled the election pledge of getting new homes constructed above 300,000 per year. The age of affluence helped keep the conservatives dominant in politics as it meant the public saw that party  as the ones who could make a change. Also the conservatives keeping their promises meant the public would respect them. In the run up to the 1955 election Butler was able to boost conservative election prospects with a ‘give-away’ budget. This meant for people in the middle classes would be provided with  £134 million in tax cuts. For these middle classes it meant an overwhelming support in favour of the conservatives because of the classes that might not have been able to afford the consumer goods were given a chance to. For the conservatives in the 1955 general election the public mood was what was described as a ‘feel good’ factor. They wanted the continuation of the consumer goods and therefore they would continue to vote for the conservatives as they saw them as the party who would be able to offer them it. Another reason for conservative dominance was that the national press was overwhelmingly in favour with the conservatives. During the 1955 election this helped win support and it also helped during Macmillan’s time as prime minister. Macmillan seemed to have the media in the palm of his hand using the new political opportunities that were provided by the television. With the conservative party gaining wide spread coverage throughout the country and labour not, it meant people knew more about the conservative party. With the national press focusing on the conservatives it gave them enough attention to win the elections crushing labour in every defeat. An important reason for the conservative dominance was the personalities that led the party. Winston Churchill gained his reputation for leading Britain to victory during the war. However during his post war leadership he was very much absent and Anthony Eden the acting prime minister led the conservatives. Eden was the first prime minister that the public felt they could understand what they wanted. Anthony Eden was said to have ‘represented contemporary manhood.’ This led the public to believe that for the first time after the war they would receive the benefits that they wanted. Eden has also many progressive ideas in domestic affairs however in the end this was his downfall. The Suez crisis split the conservative party and for the first time it looked like they would be weakened and labour would take power however it didn’t. Eden was resigned in 1957 and Harold Macmillan who led the campaign to abort the Suez crisis emerged as prime minister. He restored the party unity and in the 1959 led the conservatives to another win in the election. Macmillan from 1957 showed  his aura of confidence and political mastery. This showed to the public that the politicians and leaders in the party were strong willed and would do anything in their power to protect their country. This gave the conservatives the respect that they needed to go on and win the elections. Overall I think that although the labour party were weak, and this weakness led to the conservatives dominating politics and government; conservative dominance was due to the power that the leaders had. The people saw that this party was able to give them everything they wanted with the age of affluence. Also conservatives made sure that labour supporters would change sides as they gave respect to the labour’s post war consensus. With keeping with the post war consensus it showed to the people they were leaders who knew what they party wanted and not the ageing leader s in the labour party.

Kant s Categorical Imperative Essay - 1454 Words

In this paper, I will explain the concept of Kant’s Categorical Imperative, and show how he used it to justify why it is wrong to lie to an inquiring murderer. I will note how he arrived at this conclusion, and why I consider it to be the correct moral answer. According to Kant, the Categorical Imperative is the supreme law of morality by which a particular rule that an individual takes as a maxim must be accepted by all rational beings. This universal acceptance is what judges an action to be always good, provided that the agent’s impartiality and independence are maintained over self interest. Therefore, the Categorical Imperative is the only valid criterion by which to decide whether an action is permissible. It is an unconditional and absolute obligation (duty), which even desire (inclination) cannot override. Duty derives from reason, which only humans possess, and thus they are the only beings capable of judging right from wrong. Kant’s Categorical Imperative is a pure a priori form, that is, one that is based on theoretical as opposed to empirical deduction. It is a rational, voluntary choice derived from finality, instead of causality, where interests are put aside and moral duty is enforced. Take, for example, the challenge Benjamin Constant presented to the Categorical Imperative in the journal France for 1797, Part VI, No. 1, pages 123 124, in which he affirmed that Kant would not lie to a murderer if the latter asks you whether your friend, whom he isShow MoreRelatedKant s Categorical Imperative Essay1246 Words   |  5 Pagesutilitarianism, Kant was more focused on intent and action itself. This leads into one of Kantian ethics main ideals; you mustn’t treat another human being as a means to an end. Kant’s Categorical Imperative (CI) is a deontological theory, which relied heavily on his belief that humans are all capable of reason in the same manner, on the same level (A Brief Summary of Kant s Categorical Imperative, 2012). Kant recognized 2 kinds of moral ‘imperatives’, a hypothetical imperative (what must be doneRead MoreKant s Categorical Imperative Essay1190 Words   |  5 PagesIn section I of Immanuel Kant’s categorical im perative, Kant argues that every human being alive is subject to the categorical imperative. Kant came to this conclusion by arguing that the only thing that is good without needing qualification is a good will. Throughout this paper I will discuss Kant’s good will and his three propositions. A good will is an act done from duty and motivated by respect. If a person manifests a good will in action, the respect for duty determines that I do the actionRead MoreKant s Categorical Imperative Essay2239 Words   |  9 PagesKant’s Categorical Imperative An imperative is the linguistic form of a ‘command of reason’. In section II of the Fundamental Principles of the Metaphysics of Morals, German philosopher Immanuel Kant writes, â€Å"the conception of an objective principle, in so far as it is obligatory for a will, is called a command (of reason), and the formula of the command is called an imperative.† It is a rule telling us what we ought to do. He distinguishes between two types of imperatives: hypothetical and categoricalRead MoreKant s Categorical Imperative Essay1448 Words   |  6 PagesKant’s categorical imperative is a natural conclusion of reason when searching for a moral guideline that does not depend on previous expense but reason alone. The categorical imperative can be explained in many different ways. Kant offers five formulations in his work groundwork of the metaphysics of morals. The formulations of Kant’s categorical imperative can be considered a test. If your maxim passes th e test then your actions under that maxim will be good. The formulations that Kant offers,Read MoreKant s Categorical Imperative Essay983 Words   |  4 PagesImmanuel Kant is known for his absolute and idealistic approach to answering this question, with which he provides us a medium to answer it. Kant calls this his categorical imperative. Throughout this paper I will break down Kant’s view on ethics, explain one formulation of his categorical imperative, and evaluate his theory on an existential level. Kant was a firm believer that there are two different worlds. He called them the â€Å"World of Phenomena,† and the â€Å"World of the Noumena.† Kant describesRead MoreEssay about Kant ´s Theory: Categorical Imperative and its Rules827 Words   |  4 Pageswill benefit them at the end. The purpose of Kantianism is to tell us that morality is not to make us happy but the whole purpose is to do the right thing just for the sake of doing it. Eventually doing the right thing will lead us to our happiness. Kant said that we are determined to know what’s good or what’s bad through self- law and using ourselves as our own guidance’s. We as individuals will determine our own behavior than having someone telling us how we should act because of their expectationsRead MoreKant And The Moral Law1451 Words   |  6 PagesIntroduction: Kant argues that mere conformity with the moral law is not sufficient for moral goodness. I will argue that Kant is right. In this essay I will explain why Kant distinguishes between conforming with the moral law and acting for the sake of the moral law, and what that distinction means to Kant, before arguing why Kant was right. 2) Meaning of Kant’s Statement Why: According to Kant, we can control the will and meaning behind our actions. The morality of an action should be assessedRead MoreKant s Philosophy On Moral Philosophy Essay1519 Words   |  7 PagesAlthough Kant s philosophy, outlined in The Groundwork for the Metaphysics of Morals, has some value as a moral guide, it alone is not always sufficient. After analysing Kant s objective moral imperative, I will show that implementing his philosophy has the potential to permit what is considered to be immoral. This is due to its rigid conditions, which are formed on the basis that he believes in the existence of a perfect morality that always holds true. However, I will argue that there is notRead MoreKant And Mill On Animal Ethics Essay1365 Words   |  6 PagesIn this essay I will begin by explaining the overall views of Immanuel Kant and John Stuart Mill, then compare and contrast the ideas and philosophies of Kant and Mill on Animal Ethics. I believe that Kant, the deontologist, will not care as much about the duty/responsibility between humans and animals as Mill, the utilitarian, who will see the extreme importance of animal ethics. After studying and explaining the views and teachings of these two philosophers I will see if my thesis was correct,Read MoreThe Ones Who Walked Away from Omelas by Ursula Le Guin1424 Words   |  6 Pagesgreatest number of people. On the contrary, Kant would argue that using the child as a mere means is wrong and argue that the living conditions of the child are not universalizable. The citizens of Omelas must face this moral dilemma for all of their lives or instead choose to silently escape the city altogether. My central thesis is that Kant would give the child’s life inherent value and advocate that Omelas’ citizens abandon their practices. In this essay I aim to examine the story of Omelas through