... business ran back then was, the owner of the factory got richer. And if you did not like working there or if your got hurt, got out of the way so some one else can take their place. Until a group of upper class men and women had an idea to help the common worker. Theses people where the progressives. Changing the way of business back then was not an easy task, for the most part their was a laissez-faire system or a hands- off approach to the way of business. The main theory states that if government would not mess with them by making laws, the strongest business will succeed and bring wealth into the whole country. ...

... market failures should be partially alleviated and pressures due to restricted international resources should subside. The regulated fuel efficiency should allow the market to resume its national flow and regain stability without further manipulation. Reliance on imported fuels would be minimized because of the a) decreased demand for fuel consumption and b) lowered fuel demand allowed for domestic producers to meet the basic needs of the public. Maximum fuel efficiency would a) cut the amount of fuel consumption thus nullifying high pump prices and b) raise the level of conservation by lowering the amount con ...

... to buy. In theory the totals of each of these should be equal as a country should produce enough for itself to buy with itÕs given income (we must also consider imports and exports). From this perspective National Income statistics should therefore give at least an idea of the standard of living in a country. This is why this statistic is widely used in the USA and Japan. However, there are some criticisms of National Income statistics. The first major criticism is that of accuracy due to difficulties in the measurement. E.g. Second hand deals go unregistered. The second criticism which is linked to this ...

... I realized a tragic irony which exists quite commonly within our society today; young people are not taught to save for retirement. I think that many of my friends do not even think much of saving for their college graduation, let alone for their retirement. Eventually, however, most of us will reach a point in our lives where work shall come to an end, yet the existence of living expenses will not. Social security, many of us find out; will provide us with a monthly check at this point. What we do not realize, however, is that this amount is not intended to be used as our sole source of income. Unfort ...

... The first major goal was to reduce barriers to trade such as tariffs, licensing and quotas. This was accomplished by decreasing or removing import/export tariffs from all three countries and allowing trade goods to flow to all of the treaty members without restriction as long as the goods met the standards as outlined in the treaty. Another goal was to improve working conditions in North America. It was proposed that by increasing trade and a set of standards that working conditions would improve through increased wages and newer safer facilities. Creating an expanded and safe market for exports/imports ...

... the public. Some governments therefore, in the light of these protests, advocate policies relating to monopolies, in order to regulate their power in favour of the public's interest. There are several reasons why monopolies may be against the public interest. It is claimed that monopolies produce at a lower level output and charge a higher price than under perfect competition in both the short run and the long run. Consider the diagram above. Assume that this monopolist attempts to maximise profits. Equating MC=MR yields an output of Qm and a price of Pm. If the same industry existed under perfect co ...

... that men have dominated over the years. The women's traditional role was to stay at home, raise the children, and take care of the household chores. To accomplish these household tasks it is not necessary to have a higher education such as a college degree. Only in the past few decades, the number of women with a college degree has increased towards nearing the number of men with a college degree. It is only rightly so that the people with a higher education will earn a higher salary. If women desire to earn a higher salary, they must earn a higher education first. Women in the workplace today generally are lik ...

... Trade have taken the incitive to move towards the liberalization of international trade. GATT members agreed to reduce tariff and non-tariff trade barriers. From 1986 to the present due to GATT's lead many markets have been open to the United States increasing exports and increasing efficiency through competition. One of the most aggressive liberalization groups to follow GATT's lead is APEC (Asian Pacific Economic Community). APEC consist of 18 countries that account for 1/2 of the worlds output. The three largest economies Japan, China and the United States are members. APEC leaders are committed to achieving ...

... TQM recognises that the Customer is at the center of every activity. The customer may be external or internal. The key is to determine the gap between what the customer needs and what the system delivers. Once the gap is recognised, it would be systematically reduced and results in never-ending improvement in customer satisfaction at every level. TQM depends on and creates a culture in an organisation which involves everybody in quality improvement. Everyone in the company can affect quality but must first realise this factor and have the techniques and tools which are appropriate for improving quality. Thus ...

... Saskatoon, complimenting the facility operating on 50th Street. Will the market areas of these two restaurants overlap? * * * * * The early beginnings of this restaurant occurred in Edmonton, Alberta. In 1963 the first Boston Pizza and Spaghetti House opened. The name of the restaurant is seemingly odd because Boston is the name of a city in the United States, and has nothing to do with a pizza restaurant located in Edmonton. Ron Coyle, the original owner, named the restaurant 'Boston' because the Boston Bruins NHL hockey team was the favorite of the Edmonton area in the 19 ...