Economics Extended Response Outline how the production possibility frontier can be used to demonstrate opportunity cost and examine how the effects of unemployment and technical change on production in the economy. A production possibility frontier is a basic model that can examine the efficiency of an economy’s resource use‚ irrespective of the wants of that economy. A production possibility frontier is the simplest tool usable to demonstrate opportunity cost‚ at all possible combinations of
Premium Economics
ew Summary: The New Frontiers The article “The new Frontiers” appeared in “The Harvard Business Review” in the summer edition (July – August) of 2009 and looks at the different economic shifts between the developed and developing countries which emerged as a consequence of the global economic downturn between 2007 and 2009. The author of the article Anand P. Raman is a senior editor at the magazine focused on the research of emerging market economies. The global economic development of the last
Premium Developed country Emerging markets Developing country
Augustan Frontier Policy Evidence Certainly‚ Augustus’ policy was concerned both to secure peace and to enhance the prosperity of provinces‚ once within the empire. In this way‚ his work represented a continuation and development of that of Julius Caesar; this had looked to the protection of Rome and Italy by the establishment of a ‘buffer’ of provinces a Pro-Roman territory‚ secure within increasingly visible frontiers and valuing the prosperity which came From peace and security – Shotter
Premium Roman Empire Augustus
When America comes to mind‚ you usually think of freedom or opportunity. That was exactly what the frontier provided. The frontier came to symbolize America for numerous of reasons. The frontier gave everyone opportunity’s including black‚ female‚ or even deprived white. With the westward expansion‚ you were allowed to build your own empire no matter your primary status. Especially with the Homestead Act now in place‚ it made the West very promising. The Homestead Act was an act that assured 160
Premium
The definition of the efficient frontier says that “the efficient frontier represents the set of portfolios that has the maximum rate of return for every given level of risk‚ or the minimum risk for every level of return.” I plotted standard deviation on x axes and Returns on y axes to interpret efficient frontier. Exhibits also include these and the graphs you asked for as graph2: In our study‚ we concentrated on the optimal portfolios‚ the one which has the lowest volatility or risk‚ for given
Premium Investment Rate of return Standard deviation
“Jackson’s Frontier-and Turner’s” Historians are seen as individuals telling the common folks of the world‚ in this case the common folk of the United States‚ the events of the past. Historians do not just regurgitate facts‚ they create a narrative; mostly made up of facts‚ but also from their perspective. What individuals do not realize is historians do not miraculously know the information; they must research the information from evidence‚ from a certain period‚ making historians a type of
Premium Andrew Jackson United States
The American Frontier was the extreme limit of settled land beyond which lies wilderness‚ especially referring to the western US before Pacific settlement. The development and conquering of the American Frontier was extremely important to the country because of the many benefits it would have to the country with things such as more space and more states for the country. It is explained through works like Excerpts from Frederick Jackson Turner‚ The Significance of the Frontier in American History
Premium United States Native Americans in the United States Los Angeles
The Significance of the Frontier in American History 1893 Frederick Jackson Turner was born November 14‚ 1861 in Portage‚ Wisconsin. He is well recognized for writing the paper “The Significance of the Frontier in American History.” It is considered an influential and impacting piece of work because of the proposition he states within the thesis. Turner’s reasoning for scripting the paper was to present the issue of the dissolving American frontier. He released his disquieting thoughts about how
Premium United States Native Americans in the United States American Civil War
The frontier has always represented a part of American culture. The idea of moving west fundamentally created the identity of the United States. America overcame the Proclamation of 1763‚ Manifest Destiny accelerated expansion‚ and finally the Homestead Act promoted the movement towards the Pacific. Frederick Turner’s Frontier Thesis stated that the expanse of land beyond the eastern cities would act as a safety net for the tensions affecting the crowded seaboard‚ and to a degree‚ Turner was correct
Premium United States Native Americans in the United States American Civil War
MEEF1-Dossier 2 The American Frontier Doc A - Excerpts from Speech by Senator John F. Kennedy‚ Valley Forge Country Club‚ Valley Forge‚ PA October 29‚ 1960 Doc B – Manifest and Other Destinies: Territorial Fictions of the Nineteenth-Century United States. Stephanie Lemenager University of Nebraska Press. Lincoln‚ NE. 2004. DOC C – American Progress by John Gast (1872) Westward Expansion • Land Ordinance 1785/Northwest Ordinance 1787 • 1821 – Revolution overturned Spanish rule in Mexico‚ U.S. recognized
Premium Native Americans in the United States Manifest Destiny