The United States of America generally operates under an economic policy known as laissez fair (let people do as they choose) economics. This type of economic system allows nearly no government intervention beyond the minimum necessary to allow the free enterprise system to operate according to its own laws. Laissez fair holds the traditional American belief in individual rights and responsibilities that has led to the creation of the wealthiest nation in the history of the planet. We know this type of economic policy works because our country has prospered for so many years under its format. One portion of laissez fair economics that focuses on individual rights and responsibilities without government intervention pertains to owning a private business.
The right for anyone to own and operate a private business in our country is the central idea to letting the people create their own wealth. New and upstart businesses have a chance to be successful because there is always another place in the market for new and innovative products. If you want to get rich you have to be inventive, produce a product that people can afford, and be better at serving customers to earn more capital. This all revolves around the individual and their responsibilities to make a better product to get ahead because if they relax someone else will swoop up their business and their money. People work harder, longer, and better if they are working for themselves or a private business rather than a communist government.
Although the belief in individual rights and responsibilities is important there must be some kind of government intervention. The government helps regulate bad companies selling third rate products and helps protect the consumer from buying these products. The government also intervenes if a company has an unfair monopoly over the entire market to help promote smaller businesses to enter the market and have a chance to produce revenue. We also know that if there is total government control the wealth of the individual suffers. Some of the poorest countries in the world rely on a Socialist government and lack economic growth and wealth.
production on equal terms and conditions and under like circumstances. This is industrial liberty and lies at the foundation of the equality of all rights and privileges. . . ." In other words, it is right for government to intervene with the affairs of businesses to stop corruption and better the United States rather than allow wealthy industrialists to take away people's freedom.
The laissez- faire policy refers to the lack of government intervention and regulation of the economy, the ideology lies in the belief that the government would not aid nor hinder businesses (“Business of America. Laissez-Faire Capitalism and Government”). Presidents and a vast number of Americans before the 20th century supported the absence of the government in the economy, since it promoted competition and economic growth. For instance, during the late 19th century the U.S economy prospered from the lack of government intervention, resulting in a 400 percent increase in the economy ("Laissez-Faire.”). Although, the laissez-faire policy expands the economy; a lack of government interference and regulation of the economy grants companies with an opportunity to take advantage. Consequently, it enables for companies to control an entire industry and increase prices that hinder the consumer and eliminate
Although there have been legitimate arguments supporting the benefits of standardized testing, such as their ability to successfully measure students’ proficiency, in recent years there have been concerns and disadvantages regarding how their misuse poses a serious threat to the American education system. Despite the belief that standardized tests should be used to measure students’ proficiency, there are more reasons outweighing this statement regarding why they shouldn’t be used for this purpose. Not only is this a particular issue with standardized testing, but the tests are becoming more high stakes and are being used unfairly to determine things such as graduation, or placement in a school, resulting in a significant amount of stress and anxiety in students. Testing corporations are also profiting from the design of these standardized tests, while standardized testing is also forcing teachers to all teach the same thing, leading to a lack of creativity in the students. Aside from these arguments, standardized tests have been found to be becoming flawed and have poor design.
Government effects my life everyday in a vast variety of ways. From the quality of the milk that I drink in the morning, to the license and Insurance I need to drive my vehicle to school and work. Government also effects the taxes that are deducted from my salary. The government uses this money to protect consumers and provide services for the public amongst many other things.
...teaching students that it does not matter how hard you try as long as you score the highest. Standardized tests are teaching students the same thing. They are saying that scoring high is most important thing. All of my teachers wanted us to do well because it made them and the school look good, not because they cared about us or our learning. There is a huge problem with this. It is good to do well on these tests, but teachers need to remember why they became a teacher in the first place. Teachers wanted to become teachers to help students learn and succeed in life, not to make their students score high on tests so they get praised. Schools and teachers need to bring the focus back on students and not care so much about test scores. I think the first step in doing this is to get rid of standardized tests. Standardized testing is the downfall in our education system.
The issue of standardized testing has been a highly debated issue in the United States for many years and shows no sign of being resolved any time soon. The No Child Left Behind Act (NCLB) of 2001 was an effort to standardize and improve our education system, but 13 years later it is still in shambles. While many people agree there is a need for some sort of measure for quality education, there is much disagreement about the effectiveness of standardized tests. Some even say federal programs like No Child Left Behind and Race to the Top have gone too far in using test scores to evaluate teachers (Gordon 2013). Unfavorable results from these tests seem to generate more punitive consequences for the teachers and schools than help for the students. The words “high-stakes” are used often in numerous sources to describe the current testing system and refer to decisions that will make a significant impact on both students and teachers. These decisions include repeating a grade or not receiving a diploma for the student and possible loss of a job for the teacher. Standardized testing is an ineffective and expensive way to measure student achievement.
Standardized testing is not an effective way to test the skills and abilities of today’s students. Standardized tests do not reveal what a student actually understands and learns, but instead only prove how well a student can do on a generic test. Schools have an obligation to prepare students for life, and with the power standardized tests have today, students are being cheated out of a proper, valuable education and forced to prepare and improve their test skills. Too much time, energy, and pressure to succeed are being devoted to standardized tests. Standardized testing, as it is being used presently, is a flawed way of testing the skills of today’s students.
Standardized testing was once a good idea, to test the students’ capabilities and to see how they compare with other districts, but teachers teach using different methods and focus on different issues. What they think is important may not be what other teachers feel is important or what the state thinks is important. So, as a student you learn more about what the teacher deems important, but are evaluated on by what the state thinks is important. Standardized tests are not a reliable way to evaluate someone’s intelligence. This brings us back to what the students were taught in class and how it has been assimilated. Curriculum is said to be affected by the standardized test. Some critics say, “That teachers are going to teach what will be covered on the test and unfortunately the information not covered on the test is not taught” (Banta, p.2). I know that if st...
Capitalism was a very strong form of government in fact, it was so strong that it was one of the factors that led to the evolution of the Industrial Revolution. Capitalism is a form of government where it’s based on open competition in a free market, in which individuals and companies own the means of production and operate for profit. The Industrial Revolution that began in 1780 in England, was a time shift from using hand tools to machines producing the demands of humans. Through the growth of capitalism, much of society began to question themselves whether the effects of capitalism on society, the nature of human beings, and the ideal social and economic situation was unjust or not. Karl Marx and Andrew Carnegie were two people who disagreed
If one looks at liberty and individual freedom, it is evident that command economies tend to oppress their citizens. Therefore, socialism, which allows for basic needs to be met and personal freedoms to be upheld, is the best economic system for all of a country’s citizens. Market economies, as a whole, inherently and inevitably lead to poverty and a large class disparity. In a capitalist society, the ones who supply labor, the ones who work the hardest, are the ones who are paid the least. The owners, who are already rich, receive most of the profit and accumulate large masses of wealth.
At a glance, accounting might appear as a repetitive cycle of preparing and examining financial statements. However, a brief exposure to accounting has taught me how chaotic it can be for accountants. An accountant captures and represents the information of businesses. By reviewing financial operations, an accountant helps a business run efficiently. This profession can be intellectually stimulating and rewarding. After learning about accounting, I cannot help but be interested and desire to work toward a degree in accountancy. In my studies, I have learned accountants require a plethora of qualities to be successful. And to mature from a student to a professional, I must resolve to strengthen my weaknesses. There is much I must learn and achieve, but a degree in accounting is well worth the time spent.
Before stating my career goals, I would like to mention my motivation in choosing accounting as my career path, the origin of which is elaborated in essay three. As a rigorous and responsible girl with strong rule consciousness, I will commit to providing more accurate and timely accounting information, in order to optimize the business management and help the public understand the operating condition better, thus defending social justice and contributing to well-being.
Accounting dates back as far as first centuries, is the language of business. As everything has gone through many changes, accounting has also changed many times through out the centuries. It went from the use of abacus to the most advanced softwares, and computers. With these drastic improvements nowadays accounting, financial accounting and management are facing big challenges. From the presentation of the reports to communication to the users, investors, and owners, the accounting field has gained totally a new shape from two decades ago. Today with the dynamic change in every aspect of life, the accounting field has to act fast and be able to adapt these new changes and challenges in order to survive.
Logic is defined as the science which studies the formal processes in thinking and reasoning. Lawyers have the job of navigating through the legal system to make valid arguments that are in favor of their clients. In order to be successful, lawyers must come up with a reason or set of reason(s) to persuade a judge, or a jury that an action or idea is right or wrong. These reasons are known as arguments and they require the use of logic so that they are clear and acceptable to a judge or a jury. Therefore, the study of logic is essential to the study of the law.
Pure capitalism promotes a laissez-faire kind of free market, because it was believed that government intervention would cause inefficiencies and unfairness. However, nowadays it is more common for it to be a regulated market, where certain rules are in place to prevent unwanted or unfair occurrences in the economy. Capitalism also tended to rely on the markets themselves to determine investment as well as production and distribution decisions. Socialism, on the other hand, thought all individuals should have access to basic needs and public goods to allow for a kind of self-fulfillment or realization of their own potential. Large-scale industries were supposed to be collective efforts, and therefore the returns from those industries must benefit society as a whole. Government played a much larger hand in socialist economic systems, which relied primarily on either centralized or decentralized planning to determine investment and production decisions. The idea that property ownership should be in the hands of the government was because socialists thought that the government could produce a larger amount of better qu...