Government and healthcare final

Communism v mixed
Role of government- A communistic government provides and controls everything for the country. They determine what each person needs and provides them with it. They are in charge of the defense of the country, the maintenance, education, the healthcare, the economy (as much as they can).

A mixed economy government provides defense, partial maintenance, I.e. national roads, parks,etc, public schooling, ensuring trade between entities. They provide more opportunities for citizens than material things.

Healthcare-
Communistic- whatever the government deems necessary for the good of the country, you get. If it benefits the country, you receive care. You don't choose your doctor, you are assigned one.

Mixed- the Government does provide healthcare, but allows for private companies to provide it as well if you can pay for it.

Communism v Mixed -Natural Resources

Communism- the government controls everything. Oil, water, coal/minerals, trees/lumber, land, ag, wild game, solar, wind, and people. They own everything, therefore controlling it. They own all the land, so they control what is grown on it, where the products go, the mineral and oil rights. They decide if the country will use solar or wind power. They distribute the water evenly, same amount for everybody.

Mixed Economy- all of the natural resources can be owned by the government or the people. If a person has oil on their property and owns the mineral rights, they decide what to do with the oil. Same with the government. Water rights can be bought by citizens so they can have as much as they want but they all pay the same rate, thanks to the government.

20% - December

Progress has been slow. I decided to start drawing the insides of the device when inspiration struck. "Gears!" I sketched out a couple ideas based around gears and tossed more around in my head. In order to feed the zip tie around the wire and pipe, the gears could spin the spool of zip ties. A lever on the handle could spin the gears.

I didn't come across any obstacles because I didn't put in enough time to.

I will consider my project a success when I have a tangible device in my hand that accomplishes what I want it to. It will be successful if my dad can use it on a job and it saves him time.

An added bonus would be mass producing it, selling it, and becoming a bajillionaire.

Final- Schools

Communistic schools educate for the greater good of the country, whereas capitalistic schools educate for individualistic gain. Socialistic fall somewhere in between.

Communistic schools are very strict in the sense that there are no choices for the students. The curriculum is set for each level at each school and the students are placed on a track based on what they are good at.  For example, if a kid is great with medical stuff, his classes will all be medical based and chosen for him. He wouldn't have the option to take art as well. This is different for socialistic and capitalistic schools. Children have the options to take what they want.

Funding for the schools vary across the board. Each communistic school of the same type will receive the same amount of funding and all schools receive whatever funding they need. The government completely funds the schools.
   In a socialistic society, there are public and and private schools. The public schools are partly funded by the federal government and the private schools are privately funded.
   In a capitalistic society, there isn't any government funding. If you want to go to school you have to pay for it. The private schools that can come up with money and provide a good education to keep people coming will continue. The terrible schools will fail.

Raising minimum wage to $15

We should not raise minimum wage to $15. It will cause more harm than benefits. People who are working jobs that pay minimum wage are often young and inexperienced. "And many who make minimum wage are unskilled, he said. If they can't be hired for less than $9.80 an hour, then they might not get a job that "would allow them to develop the skills they desperately need."' (Brian Baugus) Businesses can't afford to pay those types of positions that much money. In order to pay that much more "...businesses will have to offset the financial hit by taking on more work themselves and "may be less able to invest in future job growth," Wagner said." They will also have to cut workers' hours and have layoffs. From the perspective of a small business, this could be detrimental. The entire business could go under if they only have a few employees. "An employer who has 20 employees making minimum wage will see a $10,000 annual increase in wage costs for every 25 cents the minimum pay is raised, according to the Employment Policies Institute. According to the U.S. Chamber of Commerce website, small businesses are least able to absorb the thousands of dollars in additional labor costs that a minimum wage increase creates. Some solutions that small businesses can employ include reducing staff or cutting costs in other areas such as marketing.

Corporations, on the other hand, could benefit as a whole but the employees would suffer. They could easily cut jobs, replace them with technology, and those jobs would never come back. "What would you do? If you said a), Congratulations! You are a very nice person. Unfortunately, your restaurant will soon go bankrupt, everybody will lose their jobs, and you will lose your life savings. Why did that happen to a great person like you? Because in order to pay the higher wages, you had to increase prices. And when you increased prices, all of your customers started going to a nearby restaurant that elected to get more efficient instead of raising prices. With no customers, you went broke. Sorry!....Unfortunately for the low-skilled workers (bussers and dish-washers), the most vulnerable workers, they all lost their jobs. And to kick them while they’re down, they are the ones who will have the hardest time finding new jobs since they have few skills, and the fact that they can’t legally make less that $20/hour makes it even harder still for them to find jobs."

Minimum wage also only affects a relatively small group of people - "Gary Wagner, an economics professor at Old Dominion University, points out that the vast majority of workers make above minimum wage. According to the Bureau of Labor Statistics, 73.9 million American workers above the age of 16 were paid hourly, and among those, 1.7 million earned $7.25 an hour, while 2.2 million made below."

"The minimum wage covers a huge number of workers, but not that many people actually earn minimum wage," he said." Because of the low number of people, different options should be explored to address the poverty issue. 

http://insidebiz.com/news/raising-minimum-wage-has-downside
http://smallbusiness.chron.com/raising-minimum-wages-hurts-us-employers-11744.html
http://www.forbes.com/sites/quora/2013/02/20/why-shouldnt-we-increase-the-minimum-wage-to-20hour/

Trades, stocks, dividends, and catalysts 2.0

Stocks are shares of a company that you can invest in. As the company does well, the stock price increases and you make money. The amount depends on the difference between the price you bought the stock for and what it has risen to. It works the same way if the company doesn't do as well except you lose money.

A trade is the buying of a stock for a short amount of time. It's to make money quicker. Trades are often bought before a catalyst occurs and sold after.

Dividends are an amount of money a company can choose to pay their stockholders per share. It can be quarterly, annually, ect.

Catalysts are some sort of event that will dictate how the stocks of a company do. If it's a good catalyst, the stock prices can jump. If it's bad, it can fall. Either way it's a substantial amount.

I think I have a basic understanding of what each one is.

Lemonade Game

The cost of one cup is 12 cents.
The variables include the weather and the mood of people passing by.
The constants are  the price of the lemons, sugar, cups, and ice cubes.
The perishables include lemons, sugar, and ice cubes.
From this game, I learned that my lemonade stand as a small child was most likely not profitable, at all. Also, apparently people walk around and buy lemonade even when it's raining. Actually making a profit selling lemonade is possible, but making a sustainable amount isn't possible.