The Minimum Wage Law Should Not Exist - 1684 Words

The minimum wage law was first enacted in January 1938 (Mutari, Ellen), and since then, people have falsely been led to believe that it is beneficial to the economy as well as the general population. It has commonly been seen as a method to reduce poverty by redistributing income in order to make sure that people earn a healthy, living wage; however, evidence has shown that it in fact does just the opposite. Forcing a minimum wage goes against the free market, and severely disrupts the natural process of supply and demand. Disrupting the supply and demand process results in many negative consequences, and produces an important question: should the minimum wage law exist? The minimum wage law should not exist because it causes increased†¦show more content†¦This is exceedingly harmful, counterproductive and against what the minimum wage implementation was intended for, which was to make sure everyone is able to earn a living wage. Although some people may be able to earn a li ttle more than they would have otherwise been able to, hundreds of thousands of other potential workers are no longer able to find work. In a book written by Christopher Flinn, titled The Minimum Wage and Labor Market Outcomes, he arrived to the conclusion that: â€Å"A minimum wage increase cannot simultaneously yield an increase in the employment rate and a decrease in the unemployment rate† (77). A loss of jobs resulting from the minimum wage law is inevitable, but if this law was rightfully extinguished, wages would naturally be set by supply and demand, and all types of people would be able to find work, no matter what their skill level is. Individuals would be paid based off of their production value, and if they begin to produce more than they are being paid, the demand for their work will go up and they will receive a raise, or they will search for another employer who is able to recognize their value. The minimum wage law should be overturned immediately due to the s ignificant amount of jobs being ruined through the destruction of supply and demand. With that being said, another reason the minimum wage law should not exist is because it increases the prices of goods and services. An additional reaction that

My wish for the world Free Essays

According to the Oxford Advanced Learners Dictionary, ‘world’ means the earth with all its countries, people and natural features around us. Now, the world is craving for freedom. Can’t people these days hear the earth’s cry? It cry saying ‘I want peace, I want no pollution, I want the rivers to run free and I want my nature back! The only thing man can care about is themselves. We will write a custom essay sample on My wish for the world or any similar topic only for you Order Now Nothing else. They don’t realize it until one day they suffer. My wish for the world is simple like everyone else writing this wants it to be. I wish that the world is free from pollution. Pollution is the process of making air, water and many other things dirty. There are many type of pollutions such as air pollution, water pollution and soil pollution. Air pollution is harmful to all living organisms on this earth. Air pollution can exist in many type of states such as open burning, release of carbon monoxide from vehicles, cigarettes smoke and factories and haze. This may lead to many type of sickness such as difficulty in breathing, sore throat, cough, blurriness of vision and many more. The effects of air pollution on the earth are green house effects, global warming and the thinning of the ozone layer. Ways to overcome this problem are filtration of smoke before being released into the environment, a person who does open burning should be fined and vehicles should use catalytic converter. Water pollution can happen with the spilling of oil in the sea, toxic substances being thrown into the river and many more. The effects of this is that many aquatic creatures will die and extinct since the layer of oil covering it will block the oxygen from entering the water. Besides that, the fisherman will lose his daily income and we will lose our main source of protein. Ways to overcome this problem are ships that does oil spilling should be fined and the laws should be tightened. I also wish the world would always be in peace. Everyone wishes a peaceful world. But if the war continues, the world will be destroyed. War occurs when countries are not satisfied with what they have. They always want more which is a necessary to them. Their wish to rule other countries and widen their empires also causes war. For example, the war against Iraq and America. The need of oil to America has forced them to invade Iraq. This war is also caused by misunderstanding among leaders. Unlike Malaysia, Iraqians are living in misery because of lack of food. Malaysians live in peace and harmony. If all countries were like Malaysia, I am sure the world would be in peace forever. Furthermore, I wish that there would be no extinction in fauna. When an animal extinct, that means that no member of its species exist anymore anywhere in the world. Species extinct because of not being able to cope with the environment changes such as pollution and species evolution or hunters. The most unnatural phenomenon that causes animal to extinction is man’s need to hunt animals for their parts. This is because there is a demand for animal parts such as fur and other medicinal purposes. Among the animal that used to exist but now are extinct are the auroches, dodo bird, woolly mammoth, dinosaurs, quagga, Tasmanian tiger and Steller’s sea cow. Among the animals now on the endangered list are elephants, great apes, marine turtles, monarch butterflies, panda bears, American pikas, polar bears, rhinoceroses, snow leopard, tigers, whales and dolphins. There are many type of ways to solve this problem such as there are various organizations and bodies in each country that work towards conserving wildlife as well as protecting endangered animals. In some countries, work is done to help certain animals mate in the hope of procreating more of their species. If we play our part by not creating a demand on such products on animal parts, then the hunting will stop. This means that we have to stop buying fur products, alligator skin bags and shoes and even traditional medicines that use animal parts. Man is the main reason why most animal are becoming extinct. We are killing the animals for our own selfish needs whether directly or indirectly. I wish the people in the world would appreciate nature and take good care of it so that in the future there will be no extinction. Malaysia’s forests have been home to many great animals over the years. However, due to the development, deforestation and man, certain species of flora and fauna have dwindled in number. If we could learn how to live close to nature and love it, definitely there wouldn’t be any extinction. If extinctions continue, there wouldn’t be any animals or plants left. Then, man will lose their source of food. We should understand that whenever nature is harmed, mankinds are the ones who is going to be most affected. I also wish that natural disasters wouldn’t happen. Natural disasters are phenomenon which can cause death, destruction and leave harmful effects. So far, natural disasters have taken lives of billions including plants and animals. For instance, the tsunami tragedy which happened in December 2004. it took the lives of billions. The tsunami waves hit Jakarta, Sri Lanka, India and Malaysia. Many believe that this is a sign showing that our earth and the God are angry with us for destroying living plants and animals. By now, we should realize our mistakes and stop all activities that are destroying the earth. Because if we don’t, we will pay for our mistakes when time comes. The world is a place for all living organisms and everybody should appreciate it by preventing the world from destruction in time to come. Lastly, I hope that all my wish for the world will come true. How to cite My wish for the world, Papers

Capacity Planning free essay sample

Capacity Planning Based on time horizon or duration it is viewed in three (i) Long-range Capacity Planning Time horizon is of more than one or two years. It is carried for productive resources which a long time. Long-range capacity planning requires participation and approval of top management personnel. (ii) Intermediate-range Capacity Planning It has a time horizon for 6 to 18 months. It may be varied by such alternative such as hiring off or laying off labour, purchasing or making new tools and minor equipments and outsourcing/sub contracting If time is fixed by customer’s required delivery date or processing cycle, it is possible to accept time as the primary constraint and plan backward to accommodate these times. Planning backwards to infinite capacity offers a potential solution to the problem. On the other hand, if the processing time is not a constraint in cases where products are produced to stock and sell, it is simpler to use a forward plan based on finite capacity i. We will write a custom essay sample on Capacity Planning or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page e. , based on available resources.