Monday, February 17, 2020

Summary Assignment-See Instruction Please Assignment

Summary -See Instruction Please - Assignment Example In my opinion, cultural pluralism has brought more good than bad to all. It creates uniqueness in most areas. Most of the minor cultures, tend to live in the same areas and cities. This way, cities are diversified. Different cities are known for different kinds of things and the environment changes per city due to the difference in cultures of people. Food for example diversifies cultures as different groups eat different kinds of things. The culture to where people belong, for example Hindu, Mexicans, African American, identifies them with the kind of food they prefer eating and their origin. This kind of variety is beneficial to the states. This way, different food places and restaurants serve foods according to culture. Politically, the diversity in culture has enabled the representation of all minorities in the government. Representation of all minorities is vital as it ensures none of the citizens are left out due to their culture or beliefs(Jucan 2010). This is important as the government thus includes the ideas of many into consideration and creates a wide range of options in decision making. In the congress for example, the representation of all cultural groups ensures that all people and their ideas are aired and looked into by the state. This way, the country has peace and harmony as all groups and their cultures are well represented politically. Pluralism has created so many types of representation in arts. The kinds of music found and originating from America are impeccable. Different groups have different kinds of music in a wide range of languages. This is beneficial as it creates a uniqueness in the artistic world of the whole state. This way, artists and musicians can present themselves to the world with respect to their culture. The existence of pluralism is thus important as it creates identity for all, in the artistic world. Religion is a sensitive part of everyone’s lives. It identifies people

Monday, February 3, 2020

ECON200 PAPER Essay Example | Topics and Well Written Essays - 1250 words

ECON200 PAPER - Essay Example In this regard, the article shows the existence of a barter economy or the existence of an exchange economy. The article represents the P.O.W economy as an alternative for the Robinson Crusoe economy. In the article, cigarettes are chosen to be the medium of exchange. In other words, cigarettes perform the function of metallic currency in the P.O.W economy. The importance of the article lies in the fact that the standard of living of an individual can be enhanced through a mode of exchange. (Radford)      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The article â€Å"The Suntory and Toyota International Centres for Economics and Related Disciplines’ by Radford’ lays emphasis on the existence of barter system and the importance of an exchange economy in enhancing the welfare of the economy. The barter system provides the base of exchange. In earlier days when money was not invented, people would still trade among themselves using a standard form of currency as a substitute of money. Rice used to be a medium of exchange. For example, if anyone were in need of milk, then he would obtain one liter of milk from another person in exchange of rice. That is the person who needed milk, would give one quintal of rice to the person from whom he would obtain milk. In this way, trade used to take place in earlier days. However, there was a problem with this system. The problem is regarding the mode of exchange. In the above example, the person who was in need of milk may not always find a person who wo uld be ready to give milk in exchange of rice from him. In such a situation, the concept of using a commodity, say, rice, wheat, milk etc. as a medium of exchange fails. These problems soon lead to the invention of money. Thus, the process of exchange became faster and easier and enhanced the living standards of people.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Trade is beneficial because of comparative advantages in production. David Ricardo proposed the theory of comparative advantage. The theory states that an economy should produce