Australias Trading Links Have Changed Adapted With Society Economics Essay

Australias Trading Links Have Changed Adapted With Society Economics Essay Australia is one of the worlds greatest trading nations; it has developed strong trade links with the major traders of the world, including USA, Japan and China. Trade links are used to develop and maintain a countrys economy and to provide supplies for the population that might not be available domestically. International trade and globalisation has enabled Australia to establish relationships overseas through the exports and imports of goods and services. Over time, these links have changed and adapted to suit modern Australian society. Over the past few decades, Australias major items of trade have altered. Australias trade involves the exporting and importing of goods as well as services. Traditionally, Australias exports were mainly comprised of primary products, such as agricultural goods and minerals. Although these commodities still play a large role in Australian exports, export patterns have altered. Today, services and manufactured goods also account for a significant proportion of Australias exports. Exports of manufactured goods have developed slower in Australia, but now account for around a quarter of exports. Recently, Australias exports have included a large services component, which includes tourism and education. During the past twenty to thirty years, Australias trade links have also changed dramatically. Historically, Australias main trade links were tied with the United Kingdom and had a heavy reliance on European Markets. This shifted during post World War II, when the UK decided to increase its trading links with other European countries, forcing Australia to seek new trade relationships. Australian exporters then turned to Northeast and Southeast Asia as potential trading partners. Since then, Asia has become Australias major trading partner. Australia is a large advocate of Trade Agreements; Australia tries to maintain and develop strong bilateral relationships with other countries to boost its trade and economy. Multilateral organisations and institutions, such as World Trade Organisation (WTO) and Asia-Pacific Economic Cooperation group (APEC), also play an important role. Since the turn of the 21st century, Australia has mainly focused on trade links between the members of the Asia-Pacific Economic Cooperation group (APEC). Around 70% of Australias exports and imports are from or to other APEC members, which includes Japan, USA, China, Taiwan and South Korea. Globalisation has opened the path for trade relationships. It has provided opportunities for the development of internationally competitive economies. However, combined with trade liberalisation, it has, in turn, increased competition and reduced the protection between international and domestic affairs. Australia is one of the leading free trade economies in the world and has the lowest levels of industry protection, such as tariffs, quotas and embargoes. These trade barriers are used to protect domestic producers from international competition and redirect trade flows, but restrict the levels of productivity. Free trade allows nations to specialise in the production of particular commodities that it has a comparative advantage in; Australia specialises in minerals, services and elaborately transformed manufactures (ETMs). This enables countries to take advantage of the efficiencies that generate from economies and increase their levels of output, resulting in lower average costs and increased productivity. Over the past few years, Australias ratio of exports and imports to GDP have risen around 5%, as a result of trade liberalisation. This expansion of exports has strengthened Australias industrial base. With free trade, a greater variety of goods are available for consumers. Increased competition ensures that products and goods and services are supplied at the lowest prices. If the 1998 tariff levels still applied in Australia, imported motor vehicles would cost 25% more, while footwear and clothing would cost an extra 14%. Reducing tariffs has resulted in savings of up to $1000 per year for an average Australian family. Trade liberalisation will increase employment in the exporting industries, while workers in import industries will be displaced, as the industries collapse in the competitive environment. Due to free trade, numerous jobs, especially in manufacturing and service industries, have been created in Australia. Economic growth is also affected by free trade. Countries that are involved with free trade, are experiencing rising living standards, increased incomes and higher economic growth. Over 400 000 jobs were created between 1983-84 and 1993-94. According to studies, the removal of all tariffs would create an extra 40 000 jobs within the next few years. However, with the removal of trade barriers, there is an economic instability from trade cycles as countries tend to rely on global markets. The Asian economic crisis in 1998, which was the currency devaluation from one country eventually spread to others, is an example of this issue. Trade liberalisation can also create too much competition between industries, which may find it difficult to compete for long periods or to develop new industries. Free trade also leads to pollution and environmental issues as manufacturers are unable to include these costs into the total price of goods. Recently, a number of nations have been negotiating for free trade agreements. Singapore was pursuing bilateral agreements with Australia, Japan, Mexico and USA and was able to establish an agreement with New Zealand. The United States concluded an agreement with Jordan in 2000 and was negotiating agreements with a number of other countries. In the future, if all trade barriers were to be demolished, trading internationally would be more simple and productive. Developing countries would gain a more stable economic status, while developed countries would increase production levels and build and develop a stronger economy.

Physical Appearance and Status

â€Å"Physical Appearance and Status â€Å" Beauty is in the eye of the beholder, but what the beholder sees and how it is interpreted are shaped by culture’s values. Appearance/ Beauty are social constructions. Appearance derives from status symbols. George Herbert Mead express through theory of significant symbols and language. His theory says symbols are those that arouse in the person expressing them the same kind of response that they are designed to elicit from to whom they are addressed. Society has excessive pride in their interactions with others.Society also has other traits which reflect their culture appearance, narcissism, and social status. Society has views which are built on appearances. This is because of the media’s influence on what Americans view as â€Å"socially acceptable†. Hollywood sets a standard by using celebrities to show off high fashion that trigger the minds of Americans on what they should wear and look like to be accepted. Men are usually viewed as wearing â€Å"masculine† clothing which emphasize the size of upper body musculature, allow freedom of movement, and encourage an illusion of physical power and a look of easy physicality all suggest masculinity.Such appearance of strength and readiness to action serve to create or enhance an aura of aggressiveness and intimidation central to an appearance of masculinity. On the other hand, women have more of a variety of clothing styles all of which reflect back to femininity. Feminine styles of dress display subordinate status through greater restriction of the free movement of the body, greater exposure of the bare skin and an emphasis on sexual characteristics. Along with clothes how a person presents his or herself through body language is also important to achieving a certain appearance.Americans set specific standards that others achieve through clothes and body language (among other things). Even though society may view them as coming from a very patriotic background they are also viewed for being self-centered. Even other countries have picked up on the fact Americans take pride in being narcissistic. In America people also view themselves based on social class. In America there are three social classes: the upper class, the middle class, and the lower class. The upper class is said to have all the wealth and the power. Hollywood has a way of, â€Å"Glamorizing the lives of the wealthy†.The middle class has been viewed in the media as, Not only as unlettered and uncouth but also as less desirable and less moral than other people. This can be seen throughout a variety of Hollywood films and television shows. The upper class (or the rich) are viewed in America has having all of the wealth and the power, while the middle and lower classes are left in the shadow. America’s culture is reflected through what is displayed in the media. Therefore a conclusion can be drawn that Americans base their stereotypes of soci al status off of what is viewed in the media.America uses values inherited from the industrial revolution to view itself as individual, class, or society. The Industrial Revolution created new values in Western society, values that are central to our thinking today. Three things from the Industrial Revolution that directly affected people's values were the creation of the middle class, the urbanization of cities, and the growth of rights for women. The Industrial Revolution was the first time when the middle class appeared. The Industrial Revolution was what made the middle class a recognizable group. The people in the middle class had their goals and shaped their values around them.The major goal of the middle class was to be like the higher or â€Å"old money† class. The shaped their values so that they could achieve this desired position. They strictly enforced manners and rigidity, making sure that all members always acted in the utmost respectful way. Also they tried to make their lives as controllable as possible and because children were the most unpredictable thing they believed strongly in the principle that children should be seen and not heard. The urbanization of cities also had an effect on the values of people. During the Industrial Revolution cities became more and more urban.This shifted people's focus away from country life and more towards city life. People's values were originally based on home life in the country, but as life shifted to the cities values also shifted. Family became less important. People focused more on getting the money because it was there. They also needed to get money to buy things this is how consumerism came about. Consumerism became the most important value to people. Woman also made their position known in society. Women struggled for their rights. They had certain values that they wanted society to accept. The worked hard for suffrage and equality in the work place.These were the values that were forced upon society just by the sheer volume of women supporting them. If not for the Industrial Revolution women would not have known what they were missing and thus would still be living sheltered lives. The industrial Revolution created new values for people that still influence life today. Values created by the Industrial Revolution such as women's suffrage, consumerism, and life styles of the middle class are all things still valued today. The values that are held today will stay with the people because they have been accepted and practiced.Values are not changed that much and as long as people keep living their lives they will be basing them on the same values as long as they are convenient. Works Cited â€Å"81. 02. 06: The Industrial Revolution. † 81. 02. 06: The Industrial Revolution. N. p. , n. d. Web. 03 Mar. 2013. â€Å"Beauty and the Beast: Study on the Relationship between Clothing and Social Status. † Beauty and the Beast: Study on the Relationship between Clothing and Social Status. N. p. , n. d. Web. 03 Mar. 2013. Hurst, Charles E. Social Inequality: Forms, Causes, and Consequences. Boston: Pearson, 2013.Print. Kendall, Diana Elizabeth. Social Problems in a Diverse Society. Boston: Pearson, 2013. Print. Ritzer, George. Contemporary Sociological Theory and Its Classical Roots: The Basics. San Francisco, CA: McGraw Hill Higher Education, 2010. Print ——————————————– [ 1 ]. Kendall, Pg 80. , (2013) [ 2 ]. Ritzer, Pg 59, (2010) [ 3 ]. Social Status. N. p. , n. d. Web. 03 Mar. 2013 [ 4 ]. Social Status. N. p. , n. d. Web. 03 Mar. 2013 [ 5 ]. Hurst, Pg 16. (2013) [ 6 ]. 81. 02. 06: The Industrial Revolution [ 7 ]. 81. 02. 06: The Industrial Revolution

International Business Case Study Essay

The first question: how has the globalization of market benefited IKEA? The globalization of market refers to the merging of historically distinct and separate national markets into one huge global marketplace. Falling barriers to cross-border trade have more easier to sell internationally, so it is easier for IKEA to grow into a global cult brand with 230 stores in 33countries and have 5 suppliers of the frames in Europe, plus 3 in the United States and two in China. Because a fewer barriers to cross-border trade. IKEA can easily to open a store in other countries. the second question: how has the globalization of production benefited IKEA? The globalization of production refers to sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of productions, IKEA did a good job, in order to reduce the cost of cotton slipcovers, IKEA has concentrated production in four core suppliers in China. The resulting efficiencies from these global sourcing decisions enabled IKEA to reduce the price of the Klippen by some 40 present between 1995 and2005, because in China we have cheaper labour and lower price of source, it will reduce the cost of production in IKEA, thereby allow IKEA to compete more effectively. What does the IKEA story teach you about the limits of treating the entire world as single integrated global marketplace? In my opinion, every country is unique and has different cultures. If the strategies to provide low price of product offer a company must identify what and which factor that can bring the lowest cost in term of labour, transportation, materials and so on. IKEA first discovered in the early1990s. The company found that its European-style offerings. However, it didn’t always resonatewith American consumers. Because of this reason, IKEA has redesigned its US offerings appeal to American consumers, which has resulted in stronger sales. It is obvious that tastes and preference play an important role in the globalization market. Also, since not everyone had a car, IKEA ensured that their stores were located near public transport.

A Public Housing Building Program - 1101 Words

Matthew Desmond believes that the alternative, a public housing building program, would not work but by bringing in better rent regulation and controlling the greed of landlords might be solve the poverty in low income neighborhood. Also by improving wages and providing decent benefits while reducing the huge tax subsidies handed out annually to the rich. Desmond states two kind of freedoms â€Å"the freedom to profit from rents and the freedom to live in a safe and affordable home (2016: 308). Conclusion African-Americans in everywhere were segregated, and so unfair, that it seemed to create a separate and unequal experience. Black such as disadvantages group segregated in terms of employment, schooling, display to higher rate of crime,†¦show more content†¦Glaeser and Vigdor in their study the focused on two social-scientific measures, the dissimilarity index and the isolation index. They found that â€Å"the raw number of predominantly black neighborhoods, with at least 80 percent black residents, declined by only 7 percent between 2000 and 2010.† He findings that housing discrimination dramatically decreased between 1989 and 2000. He found that the changes represented declines of between 60 and 84 percent from the 1989 level, and very few significant racial or ethnic differences remain in this area. A triple terms; â€Å"decent; street; or ghetto are degrees of alienation which are captured by them. The concept of decent and street are used by individuals and families of the neighborhood as a part of decent family and decent street. In high level of poor neighborhood to low level of poor neighborhood. Segregation. First, studies of African Americans in terms of the relationship between race, class, and segregation in metropolitan areas then comparing the segregation of African Americans, Hispanics, and Asian Americans from whites, for all America. Second, they provide an assessment of race and class for different groups in a multivariate framework. Finally, they use data from the most recent decennial censuses. 1111 Ghetto neighborhoodsShow MoreRelatedState and Local Government Funding1642 Words   |  7 Pagesinstrumental in starting programs for the housing of the poor. During the 1930s and till 1964 it was subsidized housing and the key players were the municipal authorities who wanted to bring in business and change the downtown areas. During the 1930s, attempts were made to create huge public housing program with the key factor being improved architectural design. Unfortunately it made the distinctive look make the occupants ashamed because the identity of these buildings showed that the inhabitantsRead MoreI Am A Retired Army Veteran Essay1607 Words   |  7 Pagesfront of building that looked like apartments. I thought to myself â€Å"why are they all outside? And what is this place?† I researched the demographics and the building complexes in that area and found that these were public housing. As I continued my research and what life was like there in those houses I decided that I would get some actual answers. I parked on the street and approached in a respectable manner an older man named Jimmy and asked him what it was like living in public housing. He answeredRead MoreEssay about The Housing Act of 19491584 Words   |  7 PagesAfter World War II returning veterans faced a shortage of affordable housing at home. The Housing Act of 1949 was passed in order to remedy the situation. Unfortunately, the act led to unforeseen complications that would exacerbate the urban crisis farther. Affordable high-rise housing built as a result of the act would force people who could afford it to move out into the growing suburbs and the poor devour the structures. As a result of displacement and previous Supreme Court decisions blockbustersRead MoreThe Public Housing Authority Of Singapore1461 Words   |  6 PagesHDB, the public housing authority of Singapore, was established in 1960. The authority had grown rapidly in size and responsibilities-from initially meetin g the basic shelter needs of 6% of the population to, in 2007, providing quality homes for 81% of a 3.7 million population. Due to land scarcity, its high-rise, high density living provided an effective solution to meeting housing needs for Singapore. HDB had a comprehensive building program, under which 984,000 apartments had been completed asRead MoreImmigration Vs Usa1075 Words   |  5 Pagesrefugees per capita than any other European country in the past couple of years, further straining the housing system. Public housing companies have assumed significant responsibility, through leases of accommodation centers to the Swedish Migration Agency and letting homes directly to newcomers. Much of these efforts though are insufficient, as many new arrivals languish in temporary housing without prospects for more permanent settlement. Some situations are so dire that refugees are housed inRead MoreThe Value Of The Credits853 Words   |  4 Pagesannual credits described in the illu stration will yield a total of $700,000 of credits over the credit period. Three examples of LIHTC properties in Chicago are Jade Gardens, East Park SRO, and Riverside. Jade Garden is three 3-story apartment buildings with a total of 72 units that was placed in service in 1996. The project cost about $7.4 million and received $2.7 million in tax credits allocated at about $500,000 per year. The project received $.54 in tax credits per every dollar used inRead MoreAnalysis Of The Red Scare Of The 1950s 1403 Words   |  6 Pages1950 far-sighted housing development of 3364 housing units proposed on a 278-acre site in the underprivileged downtown Chavez Ravine neighborhood. Elysian Park Heights, the project was intended to be the groundwork for citywide slum revitalization development. Regardless of how self-sufficient the residents of Chavez Ravine one of the more prominent Mexican American thriving communities served as a home to three Mexican Communities La Loma, Palo Verde and Bishop. Job and housing discrimination wasRead MorePlanning And Buildin g Housing For The Zoo787 Words   |  4 Pagesinto planning and building housing for the monkeys and animals in the zoo (quoted in Randall, 1950, p. 33). Few would go so far in their appreciations today. On all levels of government and within the ranks of nonprofit foundations and the building industry, a harsh reaction to the occurrence of an aging population is developing, especially in the area of housing. In the past five years, a large amount of federal programs has been approved to inspire the building of more housing divisions for olderRead MoreHabitat for Humanity1727 Words   |  7 PagesHumanity Habitat for Humanity International is a nonprofit, world-wide Christian housing ministry. Habitat for Humanity International seeks to eliminate poverty housing and homelessness from the world, and to make decent shelter a matter of conscience and action. â€Å"Habitat for Humanity works in partnership with God and people everywhere, from all walks of life, to develop communities with people in need by building and renovating houses so that there are decent houses in decent communities in whichRead MoreHomelessness Intervention Paper : Homelessness1134 Words   |  5 Pagesunderprivileged and those living under the poverty threshold are â€Å"frequently unable to pay for housing, food, childcare, health care, and education† (nationalcoalitionforthehomeless.org). Housing accounts for a major percentage of income and often must be eliminated. â€Å"Two issues that contribute to increasing poverty are: eroding employment opportunities for large segments of the workforce and the declining availability of public assistance† (nationalcoalitionforthehomeless.org). The United States official definition