Labor

Entrepreneurial economics

Factors of production

Resource

Entrepreneur

Profit

Capital good

Christian Boujaoude September 12, 2014 AP Economics Wolff Pd. 3 Study Questions #?s 2-4 2. Economic resources are the natural, human, and manufactured inputs used to produce goods and services. Economic resources fall into four main categories: labor, land, real capital and entrepreneurs. Economic resources are also called factors of production because they are used to produce goods and services. If resources were unlimited and freely available, many of our current choices would be unnecessary. Every person could have as much as they wanted of any good or service, rendering economics, the science of choice, largely unnecessary.

Chapter 34 Outline

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73rd United States Congress

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New Deal agencies

Government

Works Progress Administration

Franklin D. Roosevelt

National Recovery Administration

Federal Emergency Relief Administration

Civil Works Administration

Harry Hopkins

Production–possibility frontier

Chapter 34 Outline FDR: Politician in a Wheelchair Eleanor Roosevelt: first lady, Roosevelt?s cousin and wife, more active first lady, fought for the impoverished and oppressed Presidential Hopefuls of 1932 New Deal: for the ?forgotten man? ?Brains Trust?: small group of reform-minded intellectuals, credited for writing FDR?s campaign speeches ?The Worst is Past?: Hoover?s campaigning tried to cover up the depression Hoover?s Humiliation in 1932 FDR: won the presidential election, wouldn?t accept Hoover?s burdens while not yet in office Hooverites: blamed Roosevelt for allowing the depression to worsen after the results but before his inauguration FDR and the Three R?s: Relief, Recovery, Reform ?Money changers?: declared that gov. must wage war on the GD, denounced by FDR

Econ Chapter 28 powerpoint

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Economics

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Workforce productivity

Economic Growth Economic Growth Economic growth refers to an increase in the total output of an economy. Defined by some economists as the increase of real GDP per capita. The production possibility curve and the AD/AS graph show the combinations of output that can be produced if all society?s scarce resources are fully and efficiently employed. The more efficiently they are used the more growth an economy experiences. Economic Growth Human Capital Human capital is the economic value that an employee provides to an employer. The greater the human capital, the better the opportunity for economic growth. Labor Productivity Labor Productivity is the real output per hour of work.

FDR's First New Deal

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73rd United States Congress

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New Deal agencies

Government

Independent agencies of the United States government

Economy of the United States

Tennessee Valley Authority

Public Works Administration

Federal Deposit Insurance Corporation

Social Security

Business

First New Deal Civilian Conservation Corps (CCC) ? 1933 ? Provided employment for unmarried men between the ages 17 ? 25 to work in the national parks installing electric lines, building fire towers, and planting new trees in deforested areas Agricultural Adjustment Act (AAA) ? 1933 ? Approved govt. loans to farmers and paid farmers not to grow certain crops in order to increase the prices of agricultural products Federal Deposit Insurance Corporation (FDIC) ? 1933 ? Under Federal Reserve Act to insure bank deposits of up to $100,000 in case of bank failure. This insurance was intended to prevent people from withdrawing their money out of panic

The Progressive Era

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History of the United States

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Political philosophy

Progressive Era

Progressive Party

Labor unions in the United States

Progressivism

Social philosophy

Immigration to the United States

Idalmis Betsabe February 28, 2013 U.S History Mr.Bolt The Progressive Era During the late 1800s and early 1900s, the Progressive Era was taking place. The Progressive Era was a reform movement focused on solving the problem that developed during the industrial period in America. The goals of the Progressive Era were: changing the conditions of the working place, protecting consumers and improving urban living, expanding democracy to people and limiting the role of big business.

H1B Visas

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US Gov and Politics

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H-1B visa

Employment

Foreign relations of the United States

Visa

Increase H1B Visas There is now a great need in the U.S. for a dramatic increase in H-1B visa availability in order to meet the demand of U.S. businesses for skilled workers. Companies across the?United States?are now beginning to assess their H-1B visa needs for the FY 2015 (10/1/14 - 9/30/15) filing season and are expecting even greater competition for the limited number of available H-1B cap slots. Foreign born skilled workers actually increase our jobs availability On the contrary, studies have shown that foreign-born skilled workers help the economy and actually create jobs for U.S. citizens.

New Deal Programs

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73rd United States Congress

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New Deal agencies

Government

Home Owners' Loan Corporation

Franklin D. Roosevelt

Federal Emergency Relief Administration

PPL

Federal Reserve System

Business

The New Deal: Alphabet Soup Program What it was/did Purpose/Goal Outcome/Effects AAA* (Agricultural Adjustment Admin) Producers of basic commodities would decide production limits. Govt would subsidize idle lands. Reduce crop production and surpluses, to halt downward spiral of farm prices. Farm incomes began increasing. Agri econ emerged more stable and prosperous. 1936 ? declared unconstitutional. CCC* (Civilian Conservation Corps) Young men worked in National Parks; built reservoirs, planted trees, improved agri irrigation. Provide employment to men who couldn?t find work in the cities. FDR?s favorite program. Developed and improved arks. CWA (Civilian Works Admin) Gave citizens temporary jobs?built schools, roads, & parks pumped $ into econ

Taking Sides Essay New Deal Roger Biles vs. Gary Dean Best

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Sons of the American Revolution

Major depressive disorder

Theodore Roosevelt

unemployment

Jennifer Hill Taking Sides Essay Roger Biles believed that the New Deal was an effective answer to the Great Depression. His main argument is that Roosevelt could bring the United States out of the depression because some pieces of the New Deal were not really new. These pieces include increasing farmer?s income, which originated from Woodrow Wilson?s farm credit act. Centralized economic planning, including the National Industry Recovery Act (NIRA) from Wilson?s War Industries Board and labor reform which was generated through state legislatures. Due to the fact that the New Deal had successfully started some programs before the depression, the public and congress didn?t really have a reason not to support it. The New Deal made some

Progress and Poverty

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Herbert Spencer

Social philosophy

sociology

Survival of the fittest

Social Darwinism

Land value tax

HISTORY NOTES 1811-1991 PROGRESS AND POVERTY (1879) 17-2 Henry George was a journalist in San Francisco. He knew that the nation was entering a age of unprecedented wealth, poverty persisted and social inequality widened. To fix the problem he proposed a land value or rent be taxed and the revenues go back to the public. He proposed that a tax on all owned land was better and would profit on a single land tax whether the land was improved by the owner or not improved the same tax would be paid. So the non-producer would no longer toll in luxury while the producer got the barest necessities. THE GOSPEL WEALTH (1889) 17-3

Taking Sides Essay New Deal Roger Biles vs. Gary Dean Best

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Sons of the American Revolution

Major depressive disorder

Theodore Roosevelt

unemployment