Do I have what it takes to become an entrepreneur? First, lets take a look at what an entrepreneur is. According to the dictionary, an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.” Now we know what an entrepreneur is, but how do you become one? According to Wix, ten easy steps to becoming an entrepreneur, “Find a business idea. Get to know your target audience. Test your idea. Use a business plan template. Create a website. Hire great partner(s)Build your network. Plan your finances. Develop a strong brand. Create value in your market.” There are other methods to becoming an entrepreneur, but this is just one of them. To get started, all you need is a great idea, and the money to make happen (or maybe you do not need money at all, depending on the idea). Being an entrepreneur could make you a lot of money, and if your idea is really good, you could become rich. Being an entrepreneur would be a good idea if you know what to do. So, looking at different ways to become an entrepreneur, I think that I have what it takes to become an entrepreneur, and I have tons of good ideas. I just need to put them into motion. Remember, anyone can be an entrepreneur, anyone, even you. So if you have a good idea, and you have money, put your idea into motion.
Factors contributed to rising health-care costs in the United States. What are some of these factors? According to People Keep, nine reasons why healthcare is more expensive, “1. Medical providers are paid for quantity, not quality, 2. The U.S. population is becoming more unhealthy, 3. Newer healthcare technology is more expensive, 4. Many Americans don’t choose their own healthcare plan, 5. There’s a lack of information about medical care and its costs, 6. Hospitals and providers are well-positioned to demand higher prices, 7. Fear of malpractice lawsuits, 8. Inflation’s impact on the economy, 9. The U.S. population is growing older.” These are all plausible explanations for why healthcare is growing more expensive, and I totally agree with them.
“World War II was a time of great prosperity in the United States.” Is this true? Was World War II was a time of great prosperity in the United States? Yes and no. Let me show you what I mean.
During the war, there was an economic boom. According to The American Prospect, “During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. The government expenditures helped bring about the business recovery that had eluded the New Deal.” So the War was good for the economy, but what about the people? With more products being spent on military equipment, there was less for the people to buy, and with people working for the military, there was less people to work at regular jobs. So the war may have been good for the economy, but not for the people.
In this essay, I will give the views of these three people, Cotton, Winthrop, and Rowlandson, regarding the Puritans’ errand in the wilderness. Lets look at them one at a time, shall we?
1) John Cotton: He wrote and was the well known speaker of the famous sermon “God’s Promise to His Plantation”. In this sermon he spoke to the Pilgrims who were leaving for America, and in this sermon he tells that the Pilgrims that going to America is God’s will. He also said that The land will be free fro settlement once the Pilgrims got there. He elaborates on the several many ways that God has lead the Pilgrims to starting their own colony. Cotton’s reason for leaving was mainly for better business opportunities for the Pilgrims, for the Pilgrims to plant their own colony, better employment, and to have the freedom to have their own form of worship and religion, different than what the Parliament was forcing them to follow back in Europe. He specifies numerous different Biblical passages and quotes them, as was done in Puritanism. This leaving England and going to a different country is just like what happened in the Bible, when the Israelite’s departed for Canaan, leaving a country where they were not allowed to freely worship, to move to a different country so that they could worship, just like the Israelite’s.
2) John Winthrop: He was another great influential figure of this movement. Winthrop actually served as governor of the colony for some time. He also wrote a speech for the departing Pilgrims. He too, wrote in several Biblical passages into his speech. His account is set up in an odd kind of question and answer format. In this ‘different’ account, he tells of the struggles of not knowing what to look forward to in this place where they were setting up this new colony. His hope was that the Puritans would work together to build a strong working body, but it did not turn out as hoped. Many Puritans disobeyed laws and grew further from the reason they even set foot in America in the first place. This is also just like the Israelite’s departure for the land of Canaan.
3) Mary Rowlandson: A minister’s wife, would have been expected to be devout, submissive to her husband, quiet, and even hard working, just like any other wife during that time. In this colony, feminism could destroy the patriarchy, and were not allowed to make other women to differentiate from the group, but she wrote an account of Indian captivity from her own personal experience. While she was in captivity, she experienced the harshness of the wilderness. She was dragged around by her Indian masters and was forced to live in extreme hunger. However, she kept returning to her belief that God had kept her alive and was sustaining her, and that it was Him that caused her to be rescued, and that He caused her to be brought through the trial of Indian captivity to bring her closer to Him.
What has been the most significant contributing factor to the abolition of child labor? First, this topic refers to child labor in the 1800s, not today, in case you were confused. According to History Channel, “Through the first half of the 1800s, child labor was an essential part of the agricultural and handicraft economy of the United States. Children worked on family farms and as indentured servants for others. To learn a trade, boys often began their apprenticeships between the ages of ten and fourteen.” In the 1800s, child labor was not a bad thing. Children worked at factories or farms or other places in order to earn money to help their family, because some families in the 1800s were not earning enough, so children had to work to earn extra money for the family. So what led to the abolition of child labor? According to History Channel, “Nineteenth century reformers and labor organizers sought to restrict child labor and improve working conditions to uplift the masses, but it took the Great Depression—a time when Americans were desperate for employment—to shake long-held practices of child labor in the United States.“
What is the problem that Ludwig von Mises identified that a socialist economic planning board faces? According to Wikipedia, “Ludwig Heinrich Edler von Mises was an Austrian–American Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism and the power of consumers.” According to Wiley Online Library, “In 1920, Ludwig von Mises claimed that rational economic calculation could not occur in a complex, socialist economy. He argued that an economic system that lacked private property rights in capital goods prevented the emergence of prices based on relative scarcities.” In his mind, the socialist experiment, he thought could only lead to dictatorship and chaos.
How does making a budget reduce impulse shopping? Now, some of you reading this may not know what budgeting is, so here is a reliable definition: according to Consumer.gov, “A budget is a plan you write down to decide how you will spend your money each month. A budget helps you make sure you will have enough money every month. Without a budget, you might run out of money before your next paycheck.” Budgets are extremely helpful if you have a job and you have to pay for different thing. Here is an example of a way to budget that some people might use: These people ,every month, cash in their paychecks and divide the cash into different piles for different things they need to pay for. They then put the different piles of money into different envelopes each labeled after the different pile of money put into it. For example, the pile of money labeled Bills goes into the Bills envelope, or the Groceries pile goes into the Groceries envelope, or the Savings pile goes into the Savings envelope. Some people do this, except online. I think that this type of budgeting woks best for me. Maybe one of these other forms of budgeting works best for you. Some other forms of budgeting are the zero-based budget, best for tracking consistent income and expenses; the pay-yourself-first budget, best for prioritizing savings and debt repayment; the envelope system budget (what I just explained to you), best for making your spending more disciplined; the 50/30/20 budget, best for categorizing “needs” over “wants”; and the no-budget budget, best for lowering and avoiding debt. You can chose the best way to budget for you depending on where you are in life.
What is impulse shopping? In my own words, I think that impulse shopping refers to buying something because you like it. According to Verywell Mind, “Impulse shopping involves buying items that a person was not planning to purchase.” Both of these definitions are true. For example, you could be at a store buying groceries, and then, all of a sudden, you see something that you like, and you end up buying it. You bought because you liked it, but you were not planning on buying it. That is impulse shopping.
How does making a budget reduce impulse shopping? What I think, is that a lot of people impulse shop, but what if you impulse shopped so much, that you did not have enough money for you bills that you have to pay for? If you budgeted (lets use my envelope example used earlier) and you put your money into the several different envelopes, when you go shopping, you know how much money you are able to spend. You may even have an envelope labeled Impulse Shopping, and that is the total amount of money you can use on impulse shopping, and that is fine. But if you budget, you have a better chance of resisting impulse shopping, which can quickly deprive us of our money.
How did Cotton and Winthrop view the emigrating people’s connection with the Old Testament? According to Wikipedia, “John Cotton was a clergyman in England and the American colonies, and was considered the preeminent minister and theologian of the Massachusetts Bay Colony. He studied for five years at Trinity College, Cambridge, and nine years at Emmanuel College, Cambridge.'” and “John Winthrop was an English Puritan lawyer and one of the leading figures in founding the Massachusetts Bay Colony, the second major settlement in New England following Plymouth Colony. Winthrop led the first large wave of colonists from England in 1630 and served as governor for 12 of the colony’s first 20 years.” John Winthrop is best known for being the first governor of the Massachusetts Bay Colony and for being a leading Puritan founder of New England. One thing that these men have in common is that they are both authors, and they both have books on the emigration to New England in America from Europe. They sailed to America to resist forced religion coming from the Parliament. When they left for America, they did not know what to expect, but thought it was worth it to start their religion with their fellow Puritans.
Cotton is the well known speaker of the famous sermon “God’s Promise to His Plantation”. In this sermon Cotton explained that leaving Europe and emigrating to America was part of God’s will and said that the land in America would be free for settlement for the Pilgrims once they arrived. It is still debated today whether this sermon was spoken before the departure from Europe, or during. Cotton’s reason for leaving was mainly for better business opportunities for the Pilgrims, for the Pilgrims to plant their own colony, better employment, and to have the freedom to have their own form of worship and religion, different than what the Parliament was forcing them to follow back in Europe. I think that this departure for America is very similar to the Israelite’s departure for Canaan in the Bible. Both groups had no idea what was laid ahead of them, but were willing to risk everything in order to make the journey. Cotton also quotes many Biblical passages in his sermon.
Winthrop was in charge of the Puritan fleet going to America. His account is set up in an odd kind of question and answer format. In this ‘different’ account, he tells of the struggles of not knowing what to look forward to in this place where they were setting up this new colony. This is kind of like the account of the Israelites. His hope was that the Puritans would work together to build a strong working body, but it did not turn out as hoped. Many Puritans disobeyed laws and grew further from the reason they even set foot in America in the first place.
Cotton and Winthrop spoke about a lot of Old Testament commandments and regulations that they put into their accounts that they spoke to the Puritans. You could tell that despite their lack of knowledge of knowing the future, they were confident that is was in God’s will to go to America and set up a new colony.
Is “income inequality” a problem? According to Britannica, “income inequality, in economics, significant disparity in the distribution of income between individuals, groups, populations, social classes, or countries. Income inequality is a major dimension of social stratification and social class.” According to International Monetary Fund, “Excessive inequality can erode social cohesion, lead to political polarization, and lower economic growth.” I think that this is enough information to know that income inequality is a problem if it is used regularly.
What have been the effects of foreign aid programs, such that virtually everyone was describing them as failures by the 1990s? According to edubirdie.com, one of the negitive effects of foreign aid is “Increase dependency-less economically developed countries (LEDCs) become more dependent on donor countries and become heavily dependent, which causes the economy the stay at equilibrium” Here are some more disadvantages according to javatpoint.com “Exhaustion of Vital Resources. Has an impact on the domestic industry. Lopsided economic growth. The Dangers of Dumping. Reliance on foreign countries. Opposition to national defense. Economic planning and unpredictability. Legal inconsistency.”
Is it worth my time to get a part-time job at the minimum wage? A part-time job is a job where you work some days and not even all day. For example, you could get a part-time job at, let’s say a fast food restaurant, but you have school the same days that you work. You do school during the day until the time that you stop, and then you go work at the restaurant until your “shift” ends. You could also get a summer job and work over the summer when you have more free time and no school. That is a part time job. But what is the minimum wage? Different states have different minimum wages, so I am going with the minimum wage for Illinois, the state I am currently living in. The minimum wage for Illinois is $13.00 per hour (you must be 18 years old or older for this pay in Illinois). If I worked for three hours a day, five days a week, that would be $195.00 per week. Now, is it worth my time to get a part-time job at the minimum wage? Currently, my schedule is pretty packed every day, so I cannot get a part-time job, plus I am just 15 years old. But I could find a decent job over the summer if I wanted too. And when I am in college, I probably find a part-time job if my schedule is not as packed as it is now. So currently, no it is not worth my time, but it could be in the near future.
William Bradford was an emigrant to Plymouth Colony in 1620. He wrote a book called Of Plymouth Plantation while he was in Plymouth Colony. According to Study.com, “ This book focuses mainly on the journey of the pilgrims from England to North America and discusses the founding of the Plymouth settlement. It gives his opinions on the biblical importance of the pilgrims reaching America and their struggles. The second book was not completely finished because of Bradford’s death.” Of Plymouth Plantation was William Bradford’s journal that he wrote in while he was in Plymouth Colony. The purpose of this journal was to inspire others in the Plymouth community with a history of the origin of Plymouth Colony, and the challenges that the first settlers overcame. Here is a summary of this journal:
To start, many Christian Europeans fled England because of persecutions, so many emigrants moved to Leiden. There they stayed for around 12 years. A debate began to leave or stay. They chose to leave, and they hired a ship and some left Holland. It turned out that they learned at Southampton that the promised supplies were less than expected, so they had to sell goods to raise 100 Pounds.They had a leaking ship problem on the Speedwell, so 11 people boarded the Mayflower; 20 returned to London while 103 departed for America. It was about winter time in New England. The Pilgrims, as we call them now, landed at Cap Code, and spent November there. In December, they sent 10 men to go look for a better place, and Indians attacked where the 10 men landed. Firearms scared away the Indians, and miraculously, no one was hurt. The 10 men moved on, and they found a harbor.The Pilgrims then moved to the harbor. They then build a storehouse and a small house. Sadly, half of the Pilgrims died due to the harsh cold, the lack of food, and a disease called scurvy. Almost half of the seamen died as well. Then one day, the famous Indians Samoset and Squanto arrive. Squanto had lived in England for a time, so he understood the language of the Pilgrims. He had become a valuable translator between the Indians and Pilgrims. They also showed the Pilgrims how to plant food in that area and how to hunt. Then the Indian chief Massasoit arrives. The Pilgrims and Indians then make a peace treaty. Threats from local Indians (different Indians) forced the Pilgrims to build a fence, and then later, a fort due to their fear of the Indians. At this point, Bradford is now governor.The harvest was sparse. A ship arrives with over 40 people, and the Pilgrims fear that these newcomers will eat their crops, and the newcomers feared that the Pilgrims would eat there food, so to solve this problem, each group at their own food. The Pilgrims then began trade with England. The Pilgrims began using wampum for trade, and the Indians noticed this. The Indians had not previously used it for money, but they started to and got into the trade. The king declared a law against selling guns to Indians. When Captain Wollaston and Morton arrive. Wollaston leaves for Virginia, but Morton stays. He was a lawyer and took over the colony as soon as Wollaston left. Morton began selling guns to Indians. Towns tried pressuring him to stop, but he refuses. Captain Miles Standish is then sent to arrest him, and Morton is taken to England. The region was now very prosperous in 1632.
Was Bradford’s account a morality tale for future generations? According to Study.com, “Overall, Bradford’s account is considered accurate and telling of the time period, but it is also considered biased with a bit of propaganda intent on inspiring future generations of Pilgrims. Even though his text is now over 400 years old, the majority of it is still legible“
What is the process by which the market economy tends toward an improvement in the standard of living? The answer is economic growth. According to CK-12, “Growth in an economy is measured by a continual increase in the production of goods and services. As a result of economic growth, the standard of living improves, meaning people are making more money, the population is able to grow, and education levels rise.“
What are some of the problems with the concept of public goods? Public goods usually refer to a commodity or service that is made available to all members of society, in economics anyway. They are also usually collectively paid for by taxation and are administered by governments. Examples include national defense, rule of law, law enforcement, and even much simpler things like drinking water and clean air to breath. An important issue that relates to public goods is known as the free-rider problem. According to Investopedia, “Since public goods are made available to all people–regardless of whether each person individually pays for them–it is possible for some members of society to use the good despite refusing to pay for it.” According to Study.com, “The free-rider problem arises when individuals who benefit from a public good avoid paying for it. Because consumers have the inducement to be free riders rather than purchasers, the market will not generate an efficient outcome and hence market failure.” If large, or widespread enough, the free-rider problem could destroy markets, and then no one else could use it.