Microeconomics Income Inequality For Fast Foodservice...

Microeconomics: Income Inequality for Fast Foodservice Industry Income inequality is a very important concept to talk about when we really go deep into microeconomics. In the United States alone there are sectors that have income inequality that has been in our headline news for the past years, and to top off the list would be fast foodservice. There has been a lot of studies that looked into CEO-to-worker compensation ratios across all labor forces that show fast foodservice industry is the most unequal sector in American economy (Jaimeson, 2014). This inequality of wages can easily be explained and will be fully detailed in this paper. That is why it is important to look into cause of income inequity from a foodservice industry†¦show more content†¦We can see this inequality from CEO position having their pay doubled in 2009 for the decade of the year 1990s, which was quadrupled average pay than for the year 1980s.That was also eight times the CEO average for all the decad es if the mid-20th century. With this we can see over the years to decades we can see CEO pay has increased a lot more than expected to be, and still growing. Looking at hourly wages of non-corporate pay that has been the same since the early 1970s. Studies have shown between 1947 and 1972 it was said to have hourly wages only rose 76%, but ever since it has only risen 9% (Income Inequality, n.d.). While CEO pay has been growing exponentially, we can see other hourly pay hasn’t been increasing since the 1970’s which is hard to believe. CEO Pay Compares to Typical Workers According to a report created by Ruetschlin (2014) stating that compensation practices that is seen within companies of fast food industries is â€Å"out of line† with rest of our economy. We can see that CEOs have the greater and greater economic rewards while workers don’t seem to reap those rewards so luckily. In Ruestschlin studies, she was able to piece together that CEO average pay since 2000 has quadrupled in numbers than the typical workers. That in 2013, the average CEO took home a whopping $23.8 million dollars unlike typical works that doesn’t even have that much if we were to combine each worker in every food establishment. We can

Why Marijuana Is The Common Juvenile Crime Performed By...

Based on the report of Global Youth Justice Organization, the misuse of marijuana is the common juvenile crime performed by the youth. Marijuana abuse was ranked to be #6 in their list. Teens are being involved to marijuana use for diverse reasons and this includes poor supervision and communication of parents, family problems, lack of self- discipline, lack of discipline from parents or guardians, and family history of marijuana or drug abuse. Other risk factors would be physical and sexual abuse, emotional problems, curiosity, and peer pressure (GlobalYouthJustice, n.d.). Drugs have become a part of teen’s life. The access to drugs has become easier that why they can purchase anytime they want. The most common drugs to teens would be†¦show more content†¦Many of the psychological effects depend on the setting in which marijuana is used. When the user takes it while alone, he or she may feel drowsy and restful. people who take it with other often become talkative and intellectually stimulated. Marijuana has a marked effect on memory for recent events. Information learned while â€Å"high† is difficult to recall. Conversations can be disjointed because of an inability to remember what has just been said. Such effects are transient and no permanent effects appear to occur with occasional marijuana use, but regular high- dose use may impair memory. Short term effects would abnormal increase of heart frequency, blood flow to other brain regions, and blood pressure. An individual who ingest marijuana would feel a sense of relaxation, heightened sensory perception, euphoria, and hilarity. The negative mental effect includes anxiety, panic attacks, and hallucinations. A lot of users said that they feel lazy after they smoke marijuana. Marijuana intoxication change the view of time as well as surroundings and damage reaction time and this affects the driving skill of a person which could lead to motor accident. Another effect of marijuana is that it would always make a person feel hungry or increase in appetite, as a result the person will eat large amount of food. It damages the person’s learning skills, and can cause short- term memory. TheShow MoreRelatedCompassion Impacts Wayward Youth1619 Words   |  7 PagesJuvenile court systems developed in Chicago based on the patriarchal premise that a tough compassionate judge co uld impact the lives of wayward youths. However, politicians changed this with â€Å"tough on crime† policies for election. Many juvenile criminals became labeled as â€Å"superpredators† and were thus deemed beyond any help and were tried as adults. Fortunately, not everyone in the criminal system believes that juvenile criminals are beyond help. 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How Technology Has Changed Our Lives in Just 10 Years Free Essays

Q: How has technology changed in the past 10 years? A: The biggest technology change of the last 10 years is the proliferation of the internet into mainstream society. It started with the widespread adoption of email. From that modest foothold, the internet grew to become what it is today: the de-facto medium for human communication. We will write a custom essay sample on How Technology Has Changed Our Lives in Just 10 Years or any similar topic only for you Order Now Q: Why has it changed? A: The internet is a better mousetrap. Before, we had snail mail, telephones, newspapers, encyclopedias, libraries, record albums, radio, television, and movie theaters. All were slow and cumbersome and controlled by a relative minority. The internet is fast, affordable, and widely available. What’s more, it seems to facilitate some innate human desires to share, to be liked, and to be in control of our environment. The internet age is customizable, on-demand, instantaneous. Q: Is it all good? Why or why not? A: Everything is a tradeoff. The internet accelerates many aspects of life, and sometimes that can be a scary thing. However, the good outweighs the bad. Over time the global nature of the internet will help normalize the standard of living around the world. This might be unattractive to prosperous nations in the short term, but in the long term it is good for everyone. Q: What will technology be like 10 years from now? A: Ten years from now we’ll be interacting with devices (and by extension, each other) using sophisticated I/O hardware that tracks our eye movements, senses the motion of our bodies, and possibly even reads our thoughts. It sounds like science fiction, but there are companies who are already competing in these areas. In terms of output, I would not be the least bit surprised to see advances in sense areas that are currently ignored – i. e. taste, touch and smell. It might be more than 10 years out, but when I can download a venti house blend from Starbucks. com, I’ll know we’re making real progress. How to cite How Technology Has Changed Our Lives in Just 10 Years, Essays

Todays Economy Essay Research Paper Are Peoples free essay sample

Todaies Economy Essay, Research Paper Are Peoples? s Good and Bad Habits Making Today? s economic system? An economic system depends upon the production and sale of goods to the consumers. Companies frequently try to take advantage of their consumer? s failings, such as smoke, imbibing intoxicant and drive everyplace. Consumer? s bad wonts frequently cause high monetary values of those goods because they will pay any monetary value to buy the good, frequently out of necessity. Consumer? s good wonts are besides closely watched by companies because everyone in this state has good hygiene wonts and therefore the companies can capitalise greatly on the fact that this society has good healthy wonts. Therefore, people? s good and bad wonts are necessary for the state? s economic system. One can easy believe of many bad wonts that people in our society have and that companies can take advantage of. The first bad wont that comes to mind is smoking. We will write a custom essay sample on Todays Economy Essay Research Paper Are Peoples or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The monetary values of coffin nails are comparatively high and are hooking doing their consumers to pay any monetary value to acquire their coffin nails. A company can besides make a remedy for this bad wont, as many companies have created either spots and gums to contend the dependence of baccy, but they are still taking advantage of our society? s bad wonts, in order to maximise their net incomes. Another bad wont that many companies try to take advantage of is our sweet tooth. They create a immense assortment of confects, french friess, and soda all for our different gustatory sensations. Even people who worry about their wellness, the companies create nonfat carbon monoxide okies and sodium carbonate. Companies find every manner possible to take advantage of people? s failings, in order to have the most money for their merchandises. Companies know what people want and are willing to make anything to derive their concern and increase their net incomes, but the economic system is non ever so inexorable. Companies besides create merchandises for our day-to-day disposal that will be used by more people and cost less to buy, but likely bring forth more net incomes than the goods above bash. People take attention of their dentitions and organic structure, by brushing their dentitions and taking showers every twenty-four hours, in order to avoid illness and trips to the tooth doctor. Many people develop good hygiene from their young person and go on it throughout their life, which makes it profitable for a company to bring forth these goods. Exercise besides is a good wont which is necessary for the economic system. Many persons purchase ranks for fittingness topographic points, diet merchandises and programs, and exercising equipment. All of these points and ranks create money towards the economic system because people want to remain in form and will make anything to remain fit. The wonts of people in the universe are needed to do the economic system expand. These good and bad wonts force many persons to buy points to win in today? s universe. These companies sell goods to do money, they will non bring forth goods unless they know people will purchase them. Companies know their consumers good and bad wonts and seek to work them to the fullest to do the most gain and create necessities for the economic system to go better and stronger.