Is the Majority Always Right - 1408 Words

Many of the societies we live in today are based on the majoritys decision, placing importance, and the right to make decisions, on the people, and their choices. Even in societies that do not function this way, the majoritys ways of thinking are reflected in how they act. Is this majority decision always right, however? Can the majority be trusted to make decisions and behave in ways that are considered right, moral, and justified? In my opinion, believing that the majority will always be right is a questionable and debatable belief, as it can often be a false assumption, and it should also be acknowledged that the majority itself will change over time, as will their beliefs. A well-known example of poor decisions made by the†¦show more content†¦These values create the idea of what is right and what is wrong. Therefore, the beliefs that are shared by the majority are the beliefs that are considered correct – in short, the majority separates what is right from what is wrong. So, what if who the majority was had changed? What if what the majority believed was different? It should be remembered that these alterations have, in fact, occurred. Therefore, still using the examples of racism against Japanese-Americans and Japanese-Canadians, the majority at that time believed that their actions were justified, that their nation was at war, and that these Japanese immigrants, who were from a nation that was Americas or Canadas enemy, could also, in turn, be their enemies. Therefore, they believed that their decision and actions were justified and the right thing to do, as well as there being less emphasis on human rights, resulting in few people t hinking that the Japanese immigrants were entitled to certain rights. This mindset also contributed to the Japanese losing their property – everything was sold, including their land, farms, possessions in their homes as well as their houses, fishing boats, and more – by the government. Since no, or at least few, objections were made against these actions, this decision was obviously right, because the majority had decided it was so. Also, it should be realized that the number of immigrants, and people of a non-Caucasian background in NorthShow MoreRelatedThe Concept Of Majority Rule With Minority Rights Essay1336 Words   |  6 Pagesof majority rule with minority rights. This is an idea formed from the principles of democracy that encompass American government. We must analyze democracy and compare it to the American government. Minority rights should be understood as those that are unalienable; human rights exempt from persecution. From this information, we will understand when, if ever, it is ok to impose one’s will over another Democracy is a government in which citizens make political decisions based on majority ruleRead MoreA Conversation About Justice Is A State Of Human Equality1198 Words   |  5 Pagesthere be justice for all? Is social justice fair or just what is appropriate for a particular situation? Does the majority have more say than the minority? Is the law always just? Can there be equality for the minority without taking privilege from the majority? Some would say democracy is just but there are many problems with the society determining what is just. One is, if the majority is allowed to create the terms of justice the ethics of minorities will usually be treated as less important, orRead MoreWomen in Society 963 Words   |  4 Pagesneeded to produce new life. In sexual assault and rape case women should always be treated differently then men. Because men 9 times out of 10 are stronger then women and can defend themselves better then women can. Women also should have the free choice to deiced what they want to do with their bodies in regards to medical and abortion rights. Since the beginning of the formation of the United States women in general have always been treated differently by men. Up until the 1920’s women really hadRead MoreThomas Hobbes And John Locke1659 Words   |  7 Pagesits myriad tasks. The government always makes a mark on its people. The actions of the government, while frequently ridiculed or vilified, are the results of the people themselves, operating within our system of government. So while many people may disapprove of the job Congress is doing or the direction the president is leading us in, the status quo remains the same. This is because our current state of affairs has been determined as a norm and agreed to by a majority. The following pages show howRead MoreDoes Democracy Ensure Freedom?1057 Words   |  5 Pagesbelieve democracy can ensure freedom, but not always, thus my answer is maybe. For democracy is a form of gover nment that rely on a system of law in which individuals are treated equally while having fair access to the legislative process through electing official who will act in their constituent’s interest and voice their concern. Through proper protection with legislation, individuals freedom can be ensured. Yet the nature of democracy favour majority thus it is possible for politician to caterRead MoreThoreau Civil Disobedience Summary1289 Words   |  6 Pagesstates that a government infrequently proves itself useful, as it is often backed up by the majority, instead of following what is truly right. Thoreau argues that people should not allow the government to overrule their consciousness, or make them persons of an injust practice. More importantly he wants his readers to take many of his ideas and put them to work, these things include, not being part of the majority, expressing their own opinion, and refusing to follow the law when unjust in a civil wayRead MoreHenry David T horeau s Civil Disobedience945 Words   |  4 Pagesand Mexican – American War. Henry David Thoreau’s consistently argued that government rarely proves they’re for the people and obtains its power from the majority because organization, however criticizes the legitimacy of governments viewpoints. Thoreau thoughts were people’s first option is to do what they believe is right and not to follow majority rule. If government is proven to be unjust, society should organize groups that refuses to follow laws and speak up until they’re heard. Separation fromRead MoreSocrates As A Moral Man1531 Words   |  7 Pagesdie for his beliefs of finding out the underling truth that the government tries to conceal from the people. The story presents an important question between Socrates and his friend Crito, as to whether the opinion of the majority is always right. A way we see how the majority works is in the political system. In one of the scenes in the story â€Å"Crito†, Socrates is lock up in jail, as the people in Athens believes he was corrupting the minds of the youth and inventing a new God which was impietyRead MoreEssay about Social Contract Theory1429 Words   |  6 Pagesthe job Congress is doing or the direction the president is leading us in, the status quo remains the same. This is because our current state of affairs, however twisted and convoluted it may be, has been determined as a norm, and agreed to by a majority. In the following pages I will show how modern social contract theory, especially that of Thomas Hobbes and John Locke, grew into the divisive issue it is in contemporary political philosophy. I will do so by briefly unpacking the recent historyRead MoreEssay about Madisonian Majorities1643 Words   |  7 PagesSince time began, it has always been human nature for man to compete and win. Just like when it comes to majorities and minorities, majorities tend to overp ower minorities. Guinier makes a great point when she brings up, Madisonian Majorities, which are minorities working with the majority to achieve a solution. By working in this format, we could achieve so much more in much peaceful ways. Madisonian majorities could be best applied to a democracy, because both the majority and minority can work together

Career in Accounting Free Essays

Career in Accounting Tammy Doll Everest University Online September 2012 Career in Accounting I have always wanted a career in Accounting. I was always good in math and keeping things organized. Although it is not what my parents wanted for me. We will write a custom essay sample on Career in Accounting or any similar topic only for you Order Now They wanted me to become a nurse. There are quite a few steps that I must take to become an accountant. Through minimal education requirements and continued education I will better myself and grow within my career. As an Accountant I would have a multitude of responsibilities depending on what field that I decided to go in. There are several fields I could go into, Auditing in which I would go into a business or to an individual and do a complete audit on their financial history. There is a Budget Analysis career option in which I would be responsible for the financial plans of a business. Another career field would be Management Accounting which is basically running a business, deciding when and where to spend the money. The career that I would like to have in the accounting field would be to become a Certified Public Accountant. A certified public accountant is responsible for preparing and auditing annual financial statements. I would also be responsible for completing tax returns for businesses and personal income taxes. (Accounting coach, 2004-2012) There are several things that I have to accomplish before I get my CPA. First I must get my Associates degree in accounting, which will allow me to get some experience. Then I will go for my bachelor’s degree. Just a bachelor’s degree in accounting is not enough to qualify for my CPA license. Accounting coach, 2004-2012) I would need to have 150 college credits and also pass an ethics exam in order to sit for the CPA exam. Different states have different requirements to maintain my CPA license, but generally I would have to take so many higher education credits per year to recertify. To get where I want to be there is a lot of steps that I must climb, I am up to the challenge. There is a wide range of opportunities for me, depending on the degree I obtain in Accounting. Just having an associate’s degree in accounting certifies me to be a bookkeeper or an accounting clerk. The salary I could expect to make is $18,000 to $40,000 per year. Going on with my dream and pursuing my bachelor’s degree and ultimately my CPA I could earn $40,000 to $80,000 per year depending on experience. (Accounting coach, 2004-2012) Accountants must be well organized and be knowledgeable of financial documents. They must also be trustworthy, honest, have strong communication skills and be very attentive to detail. (Ford) Smith, 2012). It is also very helpful that I am knowledgeable of using Excel and similar computer programs, because spreadsheets are the core of accounting organization. After completing this paper and doing extra research, I still want a career in Accounting. I have a lot of hard work ahead of me. Organization and math was always one of my stronger qualities. I am ready to better myself through further education and be the best that I can be in my career. References Accounting Coach. (2004-2012). CPA requirements, accounting jobs and opportunities. In Accounting Coach (Ed. ), Retrieved from http://www. Accountingcoach. com/careers/CPA-requirement. html Careers in business. In (1997). Careers in Accounting. Retrieved from http://www. Career-in- Accounting. com (Ford) Smith. (2012). Traits, skills, and personal characteristics for an accountant. In Retrieved from http://www. chron. com/traits-skills-personal-characteristics-accountants-9716. html How to cite Career in Accounting, Essay examples

Microeconomics Business Elasticity

Question: Describe about the Microeconomics for Business Elasticity. Answer: 2. Income elasticity for concert tickets Initial weekly income = $ 1,500 Final weekly income = $ 1,800 Percentage change in income = [(1800-1500)/1500] * 100 = 20% There has been an increase in the demand for concert tickets by 25%. Hence, income elasticity = 25/20 = 1.25 Since the income elasticity is positive, hence concert ticket would be a normal good. The consumption of this good would increase with increasing income levels (Krugman Wells, 2013). Income elasticity for bus ride Initial weekly income = $ 1,500 Final weekly income = $ 1,800 Percentage change in income = [(1800-1500)/1500] * 100 = 20% There has been a decrease in the demand for bus ride by 6%. Hence, income elasticity = -6/20 = -0.3 Since the income elasticity is negative, hence bus ride would be an inferior good. The consumption of this good would decrease with increasing income levels (Mankiw, 2014). Price elasticity of demand for sushi The formula for computation of PED or Price Elasticity of Demand of sushi is shown below. PED for sushi = % change in sushi consumption/% change in sushi price As per the given data, when there is a decrease in the price of sushi by 7%, the corresponding sushi demand increases by 3%. Hence, PED for sushi = 3/(-7) = - 0.43 Cross price elasticity of wasabi with regards to sushi The formula for cross price elasticity computation in the given case is shown below. Cross price elasticity of wasabi = % change in demand for wasabi/% change in sushi price As per the given data, when there is a decrease in the price of sushi by 7%, the corresponding wasabi demand increases by 5%. Hence, cross price elasticity of wasabi = 5/(-7) = - 0.71 A negative cross price elasticity indicates that wasabi and sushi are complements. This is evident as due to price cut in sushi price, the demand of sushi goes up and demand for wasabi also increases (Pindyck Rubinfeld, 2001). Price elasticity of domestic bananas is given as -0.5 Also, it is known that there is a decrease in the demand of domestic banana by 5% Hence, -0.5 = -5/% change in price of domestic banana Solving the above, change in price of domestic banana -= 10% Hence, the price of domestic bananas has increased by 10%. Due to the increase in price of domestic bananas, the demand for imported bananas increases by 3%. Hence, cross elasticity of imported bananas with respect to domestic bananas = 3/10 = 0.3 A positive value of cross elasticity indicates that domestic bananas and imported bananas are substitutes. Since the domestic bananas are getting expensive, hence the customers are switching to imported bananas which may be cheaper (Mankiw, 2014). The production quota seeks to diminish the supply of the good. In the given case, the supply of rise is capped at 1500 bags a week. A production quota diagram indicating various surpluses and losses is as shown below (Krugman Wells, 2013). In the given, the actual equilibrium price (Po) is $ 16 per bag while the equilibrium quantity (Q0) would be 2,500 bags per week. The quota is imposed at 1500 bags per week denoted by the quota line. Now there is a demand supply mismatch. Also, Pd = $ 20 since at this price, the demand is 1500 bags per week. Besides, Ps = $ 12 since at this price, the supply is 1500 bags per week. Due to higher demand, the market price would increase from $ 16 to $ 20 per bag. Change in consumer surplus due to quota = -(a+c) Change in producer surplus due to quota = (a+b+e) (b+d+e) = a-d Change in deadweight loss = c+ d Area of a = (20-16)*1500 = $ 6,000 Ares of c = 0.5*(20-16)*(2500-1500) = $ 2,000 Area of d= 0.5*(16-12)*(2500-1500) = $ 2,000 Hence, change in consumer surplus = -(6000+2000) = - $ 8,000 per week Change in producer surplus = (6000-2000) = $ 4,000 per week Change in deadweight loss = 2000 + 2000 = $ 4,000 per week Based on the given demand and supply data of wheat given, it is apparent that the market equilibrium price should be $ 250 but the government has fixed the floor price at $ 300 as represented in the graph below. Clearly, there is a surplus of supply at this price level. The impact of this floor price on the various surpluses and loss in the domestic wheat market is captured in the following figure. The graph above clearly indicates that the consumer surplus has taken a dip from the earlier area of ACG to ADOG. This is turn has led to incremental deadweight loss in the form of COD. Also, the producer surplus has taken a dip from the earlier area of ECG to the new area of EBOG. This is turn has led to incremental deadweight loss in the form of COB. The change in deadweight loss as a result of the floor price introduced by the government is equivalent of the sum total of COB and COD which is equivalent to the area of triangle CBD. (Nicholson Snyder, 2011). Thus, consumer surplus change due to floor price = Area of figure COD = 0.5*OD*CO = 0.5*50*(1000000-800000) = $ 5,000,000 or $ 5 million Thus, producer surplus change due to floor price = Area of figure COB = 0.5*OB*CO = 0.5*(250-200)*(1000000-800000) = $ 5,000,000 or $ 5 million Incremental variation in the deadweight loss due to floor price = Area of figure COD + Area of figure COB = 5000000 + 5000000 = $ 10 million References Krugman, P Wells, G 2013, Microeconomics, 3rd eds. Worth Publishers, London Mankiw, G 2014, Microeconomics, 6th eds., Worth Publishers, London Nicholson, W Snyder, C 2011, Fundamentals of Microeconomics, 11th eds., Cengage Learning, New York Pindyck, R Rubinfeld, D 2001, Microeconomics, 5th eds., Prentice-Hall Publications, London