Impact Of The Industrial Revolution On New Imperialism

Allison Miller 12/14/2015 McNally P3 â€Å"White man’s burden† or racism? Topic Choice #1: Analyze the impact of the Industrial Revolution on New Imperialism Imperialism is a policy in which a nation seeks to dominate other countries politically, economically and socially. The motives are economics, power, influence, social Darwinism, racism, religious, and humanitarian. The Industrial revolution started when new technologies were able to revolutionize how people live, work, interact, and govern. When coal and steam engines powered new industry people migrated to growing cities to find jobs. The industrial revolution in Great Britain began in 1780 some of the contributing factors were food, population, money, natural resources, free society, ready markets, changes in cotton production, the coal and iron industries, railroads, new factories, and diseases. However, the impact of the Industrial Revolution on New Imperialism needs to be discussed step by step. The Industrial Revolution had a big impact on New Imperialism, with the help and power of new updated weapons countries such as Great Britain were able to dominate the countries that we re slow or had trouble at industrializing. With the help of other updated technologies in the industrial revolution Britain/England were able to take over West Africa, they picked West Africa due to the interest in raw materials such as diamonds, salt, cobalt, uranium, copper, gold, silver, cocoa beans and tea. Many Europeans led toShow MoreRelatedIndustrial Revolution Essay example1295 Words   |  6 PagesThe Industrial Revolution was a period from the 18th to the 19th century where major changes in agriculture, manufacturing and technology had a profound effect on the socioeconomic and cultural conditions of the world. The Industrial Revolution began in the United Kingdom as large deposits of coal and iron were found throughout the land which brought the rise of factories and machines, the idea then subsequently spread throughout the world. It was perhaps one of the greatest moments in human historyRead MoreIndustrial Revolutions During Europe During The Industrial Revolution129 8 Words   |  6 PagesIndustrial Revolution in Europe Before the industrial revolution, Europe was mostly dominated by farmers but as the industrial revolution progressed this changed dramatically. Industrial revolution had a significant impact in the process by making new demands that shaped the way of life through increased competition and technological innovation. Generally, it was a historical period that sparked in a stroke a number numerous changes in the economic, social and political dimensions. It is consideredRead MoreChange and Continuity738 Words   |  3 Pagestransportation. Concepts that distinguish 1750 – 1900 from previous eras in world history included: industrialization, imperialism, and nationalism Basically, industrialization helped change the production of goods around the world and created new patterns of global trade and production. Transportation and communication were new expanded methods that supported global capitalism. The Industrial Revolution gave huge economic and political advantages to countries where it occurred over countries that remained primarilyRead MoreImperialism Is The Conception Or Preservation Of An Unequal Economic, Cultural, And Territorial Relationship1000 Words   |  4 Pages(Answer 1.)- As explained by The Dictionary of Human Geography, Imperialism is the conception or preservation of an unequal economic, cultural, and territorial relationship usually between states and often in the form of an empire, based on domination and subordination. Imperialism is pretty much using the countries power through military force or politics. -In the late 1800 s, Spain, England, and France were the main powers. In the early 1500 s, Europeans began building their empires in theRead MoreThe Satire of H.G Wells1560 Words   |  7 PagesFew advancements in human history have made more impact on our modern world than the industrial revolution. Coupled with this leap in industry, imperialism defined the economic political and social structure across the globe. Essentially the industrial revolution defined the means, while imperialism dictated who would have eventual control. H.G Wells explores both imperialism and the industrial revolution by taking them to extremes, and through his satire reflects the specific flaws of both processesRead MoreThe Negative Effects Of Imperialism884 Words   |  4 PagesImperialism. Noun. A policy of extending a country’s power and influence through diplomacy or military force. Imperialism is an age-old practice in which powerful countries will engulf or take over smaller weaker countri es to expand their empire. New imperialism has the same idea, but it would have started in the 1870’s and the motive to continue this practice was heavily economic. Imperial powers will expand their empire for many different reasons, the victims or the colonist will make an attemptRead MoreThe 19th And 20th Century Imperialism1297 Words   |  6 PagesThe 19th and 20th century imperialism was substantially about the exploitation of the empires colonies and thus was not a necessarily an ‘civilizing mission’. During the 19th and 20th century European powers tried to justify their actions, by claiming that they were trying to re-educate the native population through education, this included Christian missionaries which were placed throughout Asia, Africa and Latin America. However, it became apparent that these powers gained significant wealth byRead MoreColonialism And Imperialism In Europe1440 Words   |  6 Pagesthe second industrial revolution, the generation of the world in two large groups: the industrialized countries and the non-industrialized industrialists. The former ended up imposing themselves on the latter, who remained under their direct or indirect dependence. Industrial Europe, thanks to its demographic vitality, its industrial, technical, commercial and financial superiority imposed its economic model, its values, ideals and its culture to a large part of the world. Imperialism can be definedRead MoreEssay on Imperialism: From Europe to The West1514 Words   |  7 PagesEarly in the twentieth century, imperialism was brought up by European powers of the time; Germany, Great Britain, France, and Russia. These nations were after raw materials in Asia, Africa, and South America and when they realize that they could not retrieve it, they began to colonize smaller counties that contain the many resources they need and used it for their benefit. Western values played a big part in European imperialism. European civilization experienced a period of extraordinary rapidRead MoreThe Factors Of Economics Was Or Was Not The Primary Reason For British Imperialism1198 Words   |  5 Pagesdiplomacy or military power as imperialism. Imperialism has been the most dominant powerful force in the last four to five centuries in civilization. Imperialism has formed civilizations in entire continents while pushing out the indigenous people and destroying other civi lizations in the meantime. In this case, we look at whether the factors of economics was or was not the primary reason for British Imperialism. Robert Huttenback believed that British Imperialism was a result from economic factor

How to Grow Color Change Crystals

If you enjoy growing crystals, try this simple project that produces large crystals that change color from yellow to green to blue depending on light and temperature.  The crystals grow over a few hours to overnight and are sure to amaze! Color Change Crystal Materials Two chemicals react to produce the color change in the crystals: 10 grams potassium alum (potassium aluminum sulfate)3 grams red prussiate [potassium hexacyanoferrate(III)]50 milliliters hot water Alum is easy to find, but youll likely need to order red prussiate online. Another option is to simply order a color change crystal kit. The one by Thames and Kosmos is reliable and includes a total of three experiments. Prepare the Solution and Grow Crystals In a small clear container, simply dissolve the potassium alum and red prussiate in 50 milliliters of hot water. It make take a few minutes for the salts to fully dissolve. If you still have undissolved material after a couple of minutes, you can carefully set your container inside another larger container of very hot water, to act as a hot water bath and help the salts dissolve.Once the chemicals are dissolved, set your container of chemicals in a location where the crystals can grow without being disturbed.Youll start to see tiny crystals after 30 minutes to a couple of hours. Crystal growth should be complete overnight to a couple of days, depending mostly on temperature and the humidity of the air. At this point, the crystals will be yellowish green or green, depending on the temperature at which they grew.When you are satisfied with the crystal growth, use a spoon to remove the crystals from the container. You can set them on a saucer to dry. Dispose of the chemical solution by pouring it down the drain and rinsing with water.The easiest way to observe the color change is to divide the crystals between two containers. Place one container in a dark cabinet or closet and put the other container on a sunny window sill.Check on your crystals each day. Over time, the crystals in the sunlight will change color from yellow to green to blue. The crystals in the dark will remain yellow. The color change could take a couple of days, but in my experience, you see it within an hour or two. When I took the photo, the crystal on the left was canary yellow, but darkened to yellowish green under the bright lights How Color Changes Crystals Work Light and heat supply the energy to cause  a chemical reaction between the alum and red prussiate to produce Prussian blue or Berlin blue. This is an iron-based dye still in use today for blue ink cartridges and paints. Make Prussian Blue InkUse Prussian Blue in a Crystal Garden Safety Information The chemicals used in this project are safe to use, but you should wash your hands after handling the crystals, because the red prussiate and your crystals contain iron, which can be toxic if you get too much. Keep the chemicals and crystals out of reach of pets and young children for this reason. The kitchen is a perfect place to mix the solution and grow crystals, but be careful you dont get burned by the hot water and be sure to keep the chemicals and crystals away from food. Rinse any kitchen cookware you use so it doesnt have chemical residue. More Chemicals That Grow Crystals

Human Trafficking Essay - 2489 Words

An ounce of cocaine, wholesale: $1 ,200. You can sell it only once. A woman or child is $50 to $1,000 but you can sell her each day, every day, over and over and over again. The markup is immeasurable. (Human Trafficking) says David Sutherland who plays Bill Meechan an ICE agent in Lifetimes movie Human Trafficking. The buying and selling of humans is an age old issue that has dated as far back as 1750 B.C. Although slavery is illegal in the United States, we still see it happening in our own towns and cities all through America. Each year there are over 20,000 woman and children illegally imported across the United States borders for domestic and sex slavery. Laws, some new, and many that have been around for hundreds of†¦show more content†¦Today, slavery in the United States is much different then that of 141 years ago. Society has shunned away from the labor aspect and put a much more desirable tag on sex slavery. This type of slavery is much more brutal and disturbing than anything before. It is also one of the most secretive underground industries known to this day. Even though it has been banned from society slavery is still happening today in the United States. On January 1, 1863 Abraham Lincoln took the first step to end slavery. He issued the Emancipation Proclamation. When Lincoln was elected as President in 1860 he was very much against slavery, he felt that everyone was entitled to freedom. He wanted to end slavery much faster but he knew that by doing so he would cause an uproar between the Union and the Confederacy. In 1865, with the passing of the 13th amendment to the United States Constitution, slavery was outlawed in America. The 13th amendment states that Neither slavery nor involuntary servitude, except as punishment for crime where of the party shall have been dually convicted, shall exist within the United States, or any place subject to their jurisdiction (Lincoln 98). The stories of surviving victims are bone chilling and heart wrenching, To escape her violent brother, 14-year-old Manna ran away from home. At a train station, a young woman noticed Manna crying and offered to help,Show MoreRelatedThe Trafficking Of Human Trafficking1061 Words   |  5 Pagesare approximately twenty to thirty million slaves in the world today. Unfortunately due to trafficking being a fast growing crime it is very difficult to identify and locate these organizations and victims. Although there are many groups created to support victims, not enough awareness is being made and not enough action is being applied to stop human trafficking. Sex trafficking is a form of human trafficking that has been a worldwide issue since ancient times, but regularly forgotten, due to it beingRead MoreThe Trafficking Of Human Trafficking886 Words   |  4 Pages(Attention catcher)What if somebody came into your life and guaranteed a better lifestyle, but instead you were enslaved into human trafficking? Human trafficking is when a person is abducted from their current situation and mostly likely used for sex slavery. Furthermore, did you know human trafficking increased over the years? (Listener relevance) Although you may not be as aware in your comfortable surroundings, you should always be aware of suspicious vehicles and people. Even though we enjoyRead MoreThe Trafficking Of Human Trafficking930 Words   |  4 Pagesman. Regardless of the reasons, there are nearly 30 million victims of human trafficking globally. There are more slaves now than ever before. Trafficking of persons is not a subject that should be ignored or tak en lightly. In order to fully understand the enormity of this crisis, we will examine the root causes, facts, and the impact of human trafficking throughout the world. There are several factors to why human trafficking exists: poverty, governmental instability, natural disasters, addictionRead MoreThe Trafficking Of Human Trafficking3494 Words   |  14 Pagesended, never to return, they go back and sneak into our communities in severe forms by human trafficking crimes. When humanity eliminated the phenomenon of human slavery, it returned in different pictures and forms, combining them enslaving people, through the recruitment, transportation, transfer of people by force and threat, and using and exploiting them in different ways. Among the victims of human trafficking crimes, there are those who are subjected to sexual exploitation, labor exploitationRead MoreHuman Trafficking And The Trafficking901 Words   |  4 PagesHuman Smuggling and trafficking continues to be a worldwide plague that has been, thus far been largely ignored by the international community. The paramount reason human trafficking and smuggling has festered and grown roots and spread globally. It started as a grassroots effort on the local level where women and girls (it affects boys as well) would be used and sold for sex. Eventually, greed and corruption tagged along for the ride and at that point the crimes became an organized enterprise. AtRead MoreThe Human Of Human Trafficking Essay1235 Words   |  5 Pagesin 1865, the practice of it is still very alive today. Human trafficking, a form of modern slavery, is the buying and selling of people, whether it s for forced labor or commercial sex. Every year, thousands of adults and childre n, especially girls, are forced into the endless trafficking ring. â€Å"The International Labour Organization estimates that there are 20.9 million victims of human trafficking globally† (â€Å"The Facts†). The human trafficking industry is a worldwide network that is worth an estimatedRead MoreThe Trafficking Of Human Trafficking Essay1752 Words   |  8 PagesIn this essay, the history of human trafficking will be examined, followed by who is affected by trafficking. Next the scope and types of exploitation will be discussed. Human trafficking is an issue that affects countries all over the world. Governments have made an effort to curb trafficking, however these efforts have been very narrowly focused. American ignorance has led to poor handling of the issues by policy makers. Finally the essay will discuss a proposed solution and set some goals forRead MoreHuman Trafficking1355 Words   |  6 PagesRigdon November 16, 2014 Human Trafficking and its Dire Effects. Human Trafficking in the United States is something not a lot of people discuss. Most think it is only something that happens in third world countries, but in fact could be happening in their hometown. According to Protocol to Prevent, Subdue and Punish Trafficking in Persons, human trafficking in the modern world entails transfer of persons by use of applied force. Other methods used to enforce the trafficking include use of deceptionRead MoreHuman Trafficking And Human Sex Trafficking1850 Words   |  8 Pagesof human sex trafficking come to one s mind. The United States of America is not immune to this type of horrific behavior. America is the land of the free and yet something as awful as human sex trafficking occurs in our very own backyard each and everyday. According to the Department of Homeland Security the definition of human trafficking is â€Å"modern day slavery that involves the use of force, fraud, or coercion to obtain some type of labor or commercial sex act† (â€Å"What Is Human Trafficking?†)Read MoreSex Trafficking And Human Trafficking Essay1243 Words   |  5 Pages Human trafficking brings in billions of dollars into the U.S and all around the world. â€Å"The prime motive for such outrageous abuse is simple: money. In this $12 billion global business just one woman trafficked into the industrialized world can net her captors an average $67,000 a year† (Baird 2007). The laws around human trafficking are not strict and vary depending on what country it is happening in. Human trafficking is not something that is strictly foreign, it

What Does Life Mean - 1127 Words

What does life mean to us? Each day we wake up, do our daily routine, sleep, and then repeat. What if one day we are shown that our world, and the life that we have been living, is not real. What meaning would our lives have then? Would we say that we lived a good life? Or would we say that we have not yet lived at all? On the other hand, what if we are presented with option of living a simulated life? We could have the option of being and doing whoever and whatever we want. And once we are in the simulation we will not even remember that our lives are not real until we come out of it. Would you accept that offer? Two authors have vastly different opinions and ideas about how the world would respond to these questions. Jeremy Bentham, a philosopher from the 1740 s, believes that we would want in on this proposal. He presumes that we, as humans only care about our experiences and how they make us feel. On the other hand, Robert Nozick, a different philosopher from the 1930 s, believes that we want to actually do things, not just have the experiences and feelings of doing them. The experience machine theory above is something he thought up in order to prove his point. According to Bentham s views he would plug into this machine and expect that others would as well. Nozick is completely against the Bentham s idea. In fact, Nozick s experience machine essay is legitimate critique of Bentham s views. Nature has placed mankind under the governance of two sovereignShow MoreRelatedWhat Is Life? What Does It Mean?769 Words   |  4 PagesCharlie: What is life? What does it mean to live? Olivia: What does it mean to die? Is death when you stop breathing? Charlie: So if I hold my breath, am I dead? And if I start breathing again am I reborn into another life? Olivia: The saying- live life to the fullest, does that mean life s a metaphorical jar which you constantly fill up over the duration of your life? And when its full... Is that when you die? Charlie: Is death really a bad thing? What if no one died? More peopleRead MoreWhat Does It Mean You Live A Life Of Meaning And Purpose? Essay1366 Words   |  6 PagesWhat does it mean to live a life of meaning and purpose? We have examined this question through at least five different authors, in different time periods, and through different ideas. However, the common idea has remained the same, have faith in God. For a human to live a life of meaning and purpose he must understand the truths of the natural world and the differences between what is good and evil. Jesus set an example for humans in his stories written by Matthew by displaying the ultimate faithRead MoreThe Meaning of Respect Essay747 Words   |  3 PagesMost people go through life and always hear about the word respect, but they don’t know what it means. Respect is the esteem for or a sense of the worth or excellence of a person. There are things in life you need to hold in respect. Respect for yourself, r espect for others, and respect for property. Respect is taught to people everywhere and it is even taught to them in their religions. Respect is the very aspect that keeps everything in your life. Respect for yourself is very important to a personRead MoreThe Doctrine Of The Me Underpin Aristotle s Account Of Citizen Virtue?899 Words   |  4 PagesTo what extent, and how, does ‘the doctrine of the mean’ underpin Aristotle’s account of citizen virtue? In order to answer the question ‘To what extent, and how, does ‘the doctrine of the mean’ underpin Aristotle’s account of citizen virtue?’ it is first important for me to define ‘the doctrine of the mean’ which was developed in Book II of Aristotle’s Nicomachean Ethics (II.2.1104a12-26) in the form of a medical analogy. ‘the doctrine of the mean’ is very often dismissed as being unhelpful andRead MoreJack London Naturalism Analysis952 Words   |  4 Pagesimitates life in the most real and natural way. Its influence of on writers is significant, as writers attempt to portray the natural world through literature. Some authors found it easy to write in a naturalist sense, because naturalism often focuses on the plights of the lower class. Many writers rose from the bottom and were inspired by their previous experiences. Jack London is an example of someone who rose from the bottom. His early life struggles are displayed in â€Å"What Life Means to Me†. ItRead MoreAristotle Think Made A Good Life849 Words   |  4 Pages Aristotle wondered what made a good life. When Aristotle asked others what made their life good, the answer always included happiness. Aristotle wanted to create a way for people to look at their lives and use knowledge to judge what happiness is. Aristotle found that this task was nearly impossible because people have vastly different personalities and view circumstances differently. With the Doctrine of the Mean, Aristotle explains that to achieve happiness, one must create ethical valuesRead MoreThe Issue Of Animal Cruelty1023 Words   |  5 Pagesâ€Å"things†, and properties of life have a sole function and reason to be in existence. Everything must have an ends to itself rather than a means to another ends (Aristotle, 617-636). Aristotle examines the idea of function and purposefulness within the ten books of Nicomachean Ethics. Finding this ends to itself is how one can achieve the ultimate happiness. Aristotle discovers that if everything has an ends to itself, man too, must have an end. What does being a â€Å"person† really mean, and who is eligibleRead MoreUnited States and the Five Basic Principles Essay672 Words   |  3 Pagesare five basic principles and they are the value of life principle, th e principle of goodness or rightness, the principle of justice or fairness, the principle of truth telling or honesty, and the principle of individual freedom. These principles can apply to many things, but when it comes to the United States following them this is how they are applied. The first principle is the value of life, and this means that human beings should respect life and death. People in the United States do follow thisRead MoreLife in the Universe Exercises and Questions779 Words   |  4 Pages1. Why are scientists interested in the possibility of life beyond Earth? The discovery of life of any kind beyond Earth would forever change our perspective on how we fit into the universe as a whole, and would teach us much more about life here on Earth. 2. People have long been interested in life beyond Earth. What is different today that makes this possibility seem scientifically reasonable? Today, technology has flourished and is more advanced than it was in the past. We are able toRead MoreJohn Aquinas s The Body And Soul1480 Words   |  6 Pagesbetween body and soul, and what it means to be human. Part 1: Aquinas moves to claim the soul as the first principle of life. The soul is what distinguishes life from the non-living. A vital operation may be material such as the principle of hearing is the ear but it is not the principle of all life as it does not define the operation of the body completely. Here he draws a distinction. Also the first principle of life cannot be a body much as lungs are a principle to life through breathing. â€Å"To be

Econ1101 Session 1, 2009 Final Exam Free Essays

Page 1 of 14 THE UNIVERSITY OF NEW SOUTH WALES SCHOOL OF ECONOMICS SESSION 1, 2009 , , I ECONllOl MICROECONOMICS I FINAL EXAMINATION TIME ALLOWED – 2HOURS THIS PAPER IS WORTH 65% OF THE TOTAL SUBJECT MARK This examination paper consists of two parts – Part A and Part B Part A consists of 20 multiple choice questions each worth onc and one quarter (1. 25) marks. Answer all the questions in Part A on the answer sheet provided, using pencil . We will write a custom essay sample on Econ1101 Session 1, 2009 Final Exam or any similar topic only for you Order Now only: Print your student number, name and initials in the space provided and mark he appropriate boxes below your student number, name and initials. For each question, mark tbe appropriate response (a), (b), (c), or (d). There is only one correct response to each question in Part A. Part B consists of four (4) essay-type questions, each worth TWENTY (20) marks. Answer only TWO (2) questions from Part B. ANSWER EACH PART B QUESTION IN A SEPARATE EXAMINATION BOOKLET Answers to questions in Part B must be written in ink. Pencil may be used in answers to Part B for drawing, sketching or graphical work only . †¢ †¢ This question paper may be retained by the candidate There are 14 pages in this exam paper. 1 Page 2 of 14 PART A This section is worth 25 marks Mark your answer on Answer Sheet provided Question 1 , †¢ †¢ A monopo list estimates that at the current pnce being charged for the product, Marginal Cost is greater than Marginal Revenue and the abso lute price el asticity of demand is 1. 8. To increase profit the monopolist should: a) Increase price so that price equals the maximum the consumer is willing to pay ) Decrease price and sell more c) Set price equal to the minimum average cost d) Increase price and sell less Question 2 The Coase theorem suggests that private markets may not be able to solve the problem of externalities, a) Unless the government becomes involved in the process b) When the number of parties is large and the bargaining costs are high c) If the firm in the market is a monopoly d) If some people benefit from the externality †¢ TURN OVER THE PAGE 2 Page 3 of 14 Question 3 Consider the following graph where a legally enforced ceiling price operates Price ~_ _ _ __ _ _ _ _—, J __ _ G- – – – s · c , B~ ___H L_ , , , ___ L ___ I 01 , :F : , : : ::J ‘ — I , : O — b–b3 —d -1 2 a) FEC. b) DAC. c) GJECF. Quantity The maximum dead weight loss due to the price ceiling is represented by the areas: d) JAE + DGF. Question 4 Perfect competition is efficient and monopoly is not, because in perfect competition _ _ _ _ , while in monopoly _ _ _ __ a) P b) P c) ~ ~ MC; PMC MC; P How to cite Econ1101 Session 1, 2009 Final Exam, Essay examples Econ1101 Session 1, 2009 Final Exam Free Essays Page 1 of 14 THE UNIVERSITY OF NEW SOUTH WALES SCHOOL OF ECONOMICS SESSION 1, 2009 , , I ECONllOl MICROECONOMICS I FINAL EXAMINATION TIME ALLOWED – 2HOURS THIS PAPER IS WORTH 65% OF THE TOTAL SUBJECT MARK This examination paper consists of two parts – Part A and Part B Part A consists of 20 multiple choice questions each worth onc and one quarter (1. 25) marks. Answer all the questions in Part A on the answer sheet provided, using pencil . We will write a custom essay sample on Econ1101 Session 1, 2009 Final Exam or any similar topic only for you Order Now only: Print your student number, name and initials in the space provided and mark he appropriate boxes below your student number, name and initials. For each question, mark tbe appropriate response (a), (b), (c), or (d). There is only one correct response to each question in Part A. Part B consists of four (4) essay-type questions, each worth TWENTY (20) marks. Answer only TWO (2) questions from Part B. ANSWER EACH PART B QUESTION IN A SEPARATE EXAMINATION BOOKLET Answers to questions in Part B must be written in ink. Pencil may be used in answers to Part B for drawing, sketching or graphical work only . †¢ †¢ This question paper may be retained by the candidate There are 14 pages in this exam paper. 1 Page 2 of 14 PART A This section is worth 25 marks Mark your answer on Answer Sheet provided Question 1 , †¢ †¢ A monopo list estimates that at the current pnce being charged for the product, Marginal Cost is greater than Marginal Revenue and the abso lute price el asticity of demand is 1. 8. To increase profit the monopolist should: a) Increase price so that price equals the maximum the consumer is willing to pay ) Decrease price and sell more c) Set price equal to the minimum average cost d) Increase price and sell less Question 2 The Coase theorem suggests that private markets may not be able to solve the problem of externalities, a) Unless the government becomes involved in the process b) When the number of parties is large and the bargaining costs are high c) If the firm in the market is a monopoly d) If some people benefit from the externality †¢ TURN OVER THE PAGE 2 Page 3 of 14 Question 3 Consider the following graph where a legally enforced ceiling price operates Price ~_ _ _ __ _ _ _ _—, J __ _ G- – – – s · c , B~ ___H L_ , , , ___ L ___ I 01 , :F : , : : ::J ‘ — I , : O — b–b3 —d -1 2 a) FEC. b) DAC. c) GJECF. Quantity The maximum dead weight loss due to the price ceiling is represented by the areas: d) JAE + DGF. Question 4 Perfect competition is efficient and monopoly is not, because in perfect competition _ _ _ _ , while in monopoly _ _ _ __ a) P b) P c) ~ ~ MC; PMC MC; P How to cite Econ1101 Session 1, 2009 Final Exam, Papers

Apple vs Samsung free essay sample

Apple or Samsung? Along with the rapid development of science and technology, electronic products has became a very important part of our life. And there are many electronic companies in the world such as Apple, Sony and Samsung. Apple and Samsung are two of the most famous electronic companies in the world. They both produce abundant kinds of electronic products such as smartphones, tablets and computers. So there are many comparisons of these two companies products. In 2011, there is a lawsuit of Apple accused the Samsung that they damage their many patents in samrtphones and tablets fields (Jackson, 3). Also Apples complaint included specific federal claims for patent infringement, false designation of origin, unfair competition, and trademark infringement, as well as state-level claims for unfair competition. (Jackson, 4)Although Apple won the lawsuit, however after that the Samsung accused Apple as well. And these lawsuits are still continuous. These make people pay more attention of the comparison of the two companies. News agencies, lawyers, inventors, computer geeks, consumers and businesses are all gabbing about what this case means. What will be the ramifications after the appeals have finalized, and the dust settles? Will intellectual property be protected? Will innovation continue to stun the world? Will consumers pay the price for this tech war? What are the boundaries of inventions? Not surprisingly, there are at least ten different answers for each of these questions depending on what expert is answering the question. The consensus as to what the future of technology will hold is far from being reached. When these cases world wide have finished throwing money, legal arguments and death looks at one another we may find the truth. This paper will attempt to look at what Intellectual Property is, what the Apple vs. Samsung is about, and what it will mean for not only the United States of America, but also the rest of the world. The phrase intellectual property refers to the bundle of legal rights that arise from the creative genius of the human mind†¦ IP rights protect ones ownership interest in intangible objects, such as the idea behind an invention, the music score for a Broadway play and the name or logo used to brand a product. † (Peterson 2012) Intellectual Property is not a new idea. It has been around for at lease 1500 hundred years. â€Å"One of the first known references to intellectual property protection dates from 500 B. C. E. when chefs in the Greek colony of Sybaris were granted year-long monopolies for creating particular culinary delights†¦ From Roman times to the birth of the Florentine Republic, however, there were many franchises, privileges, and royal favors granted surrounding the rights to intellectual works. † (Moore 2011) As far as scholars can determine, there weren’t any formal institutions protecting intellectual property, only the informal examples outlined above. One of the first statutes recognizing the rights of authors and inventors to their intellectual efforts was issued by the Republic of Florence in 1421. This statute built in an incentive mechanism, which is a prominent aspect of intellectual property protection of common law states today. The United States upon the creation of its colonies and its constitution instituted a federal law protecting intellectual property modeled after the English System. There are arguments both for and against protecting intellectual property. Those who argue for it claim that those who create are justified in maintaining the rights to both their labor and merit. Without intellectual property rights, social progress and innovation would flounder. Rights to intellectual property provide incentives to move us forward economically. There are others who argue that assert that it is inconsistent with the commitment of our country to freedom of thought and speech. It maintains that intellectual property restricts the flow and expression of ideas, holding us back as a society. Is denying access to society fair especially when it is for the greater good? On the whole, however, the merits and debates supporting intellectual property win out over the dissenters. For the most part, it is agreed upon that protection of IP foster a competitive marketplace by encouraging disclosure of innovation. This disclosure, however, protects companies and individuals for a designated period of time, but allows others to build and improve upon prior innovation. This incentive mechanism forces creative individuals to share their genius with society which in turn endorses evolutions and new developments and without these benefits provided by IP protection, the marketplace would not operate as effectively. â€Å"Without enforcement of these rights in the law, it would be difficult for society to prosper and grow. † (Peterson 2012) There are four main types of intellectual property protected under U. S. law; patents, trademarks, trade-secrets and copyrights. The Apple vs. Samsung case, although extremely complicated and convoluted mainly covers patents. Patents are intended to stop others from making, using, selling or offering for sale a product that is described in the patent claim. It gives the patent owner the exclusive right. â€Å"It is important to note that a patent does not give the patent owner the right to exploit the patented invention himself. The patent owner has only the exclusive right to stop others from doing so. † (Peterson 2012) Much of what we in the U. S. have been hearing about is the case decided in California. However, this technology war is not exclusive to America. In fact, there are cases in at least ten countries worldwide. The reason for this being, that intellectual property protections are not uniform. When an individual or a company applies for a patent within the U. S. , the protection only extends to the borders. Once a company stretches past the borders of The States, and goes global, it must apply for intellectual protection in each country it is attempting to sell within. â€Å"There is often no consensus ithin countries on the appropriate approach and when the economic interests of different nations may dictate a different balancing of interests in the IPR law. † (Wallerstein, Schoen Mogee, 1993) Although there are calls to make intellectual property rights uniform, each country has their own interests to protect, and has their own ideas about the extent of protecting intellectual properties. The U. S. is o ne of the strictest supporters of intellectual property rights, and for that reason, a jury of nine has ruled in favor of Apple to the tune of $1. 05 billion. Samsung has appealed, however, so the battle is far from over. Apple, the second largest seller of smartphones is in ongoing litigation with Samsung, the largest seller of smartphones about seven distinct patents. These patents covered everything from the â€Å"pinch and zoom† to â€Å"bounceback† effect seen when scrolling. â€Å"There are two types of patents at stake: utility patents, which control the features a phone or tablet can have, and design patents, which cover how they look. † (Bosker Grandoni , 2012) According to The Verge, Apple’s final arguments went as follows,Steve Jobs shocked the world with the iPhone, changing the trajectory of the mobile industry. He framed Samsung, however, as a company with a stagnant line-up of products that faced faltering sales after the introduction of Apples device. Samsungs solution? A three-month dash to design what would become the original Galaxy S. In those three months Samsung was able to copy and emulate the worlds most successful product, he said. They have spent a billion dollars mimicking our designs and holding it out to the world so the Apple design is no longer seen as unique. It took Apple five years to create this revolution, and Samsung took three months to copy it. Thats truth, and thats simple, clear, and undisputed. (Bishop 2012) Samsung argued that Apple was trying keep all competitors out of the game unfairly. One of Apple’s major claims was that the products were so alike, that customers were mistakenly purchasing Samsung’s smart phones thinking that they were iPhones. But Samsung’s closing attorney claimed that this customer confusion was folly. The fact is consumers make choices, not mistakes theres no deception, theres no confusion, and Apple has no credible evidence of it. Apple, he said, thinks its entitled to ave a monopoly on a rounded rectangle with a touchscreen. (Bishop 2012) Samsung has claimed that their technology is altogether different and has in turn sued Apple for patent infringements. The American jury in the end, found Samsung guilty of willfully violating three of the utility patents, and six of the seven on trial. What Apple could not convince the jury of was that Samsung had violated a patent o n the physical design of the iPad. However, it was able to skillfully and successfully defend its claim to the rectangular rounded edges and rounded backs that was the original look of the iPhone previous to the iPhone 4. The case was less about the money, and more about setting an example. Apple’s message to world was that it’s innovations couldn’t just be copied without consequences and that a fair marketplace was one where competitors competed with new inventive products not reconstructed ones. The implications of this case are intricate, and knotty but that doesn’t stop the speculation from going rampant. Wall street reacted to the news by increasing the price of Apple’s shares and decreasing the prices of Google and Samsung’s shares. One thing that is clear, the verdict marked a victory for Apple on several different levels, not only did it solidify it’s iron grip on the majority of it’s features, but it also sent a warning shot to it competitors to back off before Apple comes after them as well. Although the damages Samsung owes Apple is a large sum, most of Samsung’s devices that were found to infringe upon Apple’s patents are older models, and, its important to note that Samsung’s current flagship phone, the Galaxy S III, was not included in the case.