Running head: THE EFFECTS OF THE JONES ACT ON THE ECONOMY OF HAWAII The Effects of the Jones Act on the Economy of Hawaii Christer Tvedt Hawai’i Pacific University February 10‚ 2010 ECON 6000 Dr. Leroy Laney The effects of the Jones Act on the economy of Hawaii The Jones Act‚ or the Merchant Marine Act of 1920‚ which is the act’s name‚ is a United States Federal statute‚ or “cabotage law”‚ that regulates trade between ports within the United States. The act was passed 90 years ago‚ in
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Tax Credits [Name of the Writer] [Name of the Institution] Tax Credits Purpose of Tax Credits A Tax Credit is a specific amount that is subtracted from the accumulated amount of tax paid by a tax payer to the State. The tax credits can be settled in terms of income tax‚ property tax and VAT. It can also be settled for the purpose of recognizing the taxes that are already settled in form of subsidies or are paid for the purpose of encouraging investment in economy
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Does the Stock Market Affect the Economy? This article examines how the stock prices affect the GDP. “According to the Federal Reserve Board’s model‚ a 20 percent decline in stock prices lower the GDP by about 1.25% after one year.” For only one year‚ we can conclude that yes‚ the stock market in some ways does effect the economy. Many economists agree that stock market affects the economy‚ while there are still others that think there are many other influences that affect the economy and not just
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The Effects of the Legalization of Marijuana on the Economy Marijuana‚ weed‚ pot‚ Mary Jane‚ anyway you put it; cannabis has been a very controversial topic for many years. Cannabis‚ the technical term for marijuana‚ is a preparation of the cannabis plant intended for use as a psychoactive drug and as medicine. Marijuana is known to heightened mood or euphoria‚ help with relaxation‚ and increase a person’s appetite. The bad side effects of using marijuana are dry mouth‚ red eyes‚ a decrease
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The Effects of Industrialization on U.S. Economy and Society The rise of industrialization during the 1900s brought many changes to the American economy and society. Urbanization (mainly due to immigration)‚ new technologies‚ the rise of big business through industrial trusts‚ and the rise of laissez-faire capitalism are among the most significant of these changes. The rise of industrialization brought many significant changes to the American Economy and society during the 1900s. Some of
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Throughout the years‚ minimum wage has become an issue that has been viewed in a more negative way. There are many positive effects‚ but positives are being outweighed by the negatives‚ with the many important effects of the positives being overlooked. The economy‚ along with individuals‚ have benefitted in more ways than one. Minimum wage opens up the opportunities of jobs being offered to those who would not otherwise qualify for the higher paying jobs‚ which require college degrees (Characteristics
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The period of post Reconstruction through the beginning of the 20th century was a turning point for the agricultural economy of America. Farmers made up the backbone of the American economy at this time‚ therefore their success was crucial. This industry was the direct recipient of the technological advancements made throughout the Industrial Revolution that aided in massive and efficient production. However‚ the government’s focus was aimed elsewhere as the industrialized society of the North soon
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EXECUTIVE SUMMARY Carbon Credits are gaining momentum not only around the world but also in India. The Concept of Carbon Credits evolved as a step to mitigate the rising Global Warming on earth. The emission of greenhouse gases by industries and anthropogenic activities has caused irreparable damage to the atmosphere leading to rising global temperature‚ affecting human life and causing Global Warming. The Concept of Carbon Credits was therefore evolved by way of an agreement by different countries
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in a market economy? All people around the world make a question: How much should the government influence the economy of a country? And there are many answers. Regulating the public goods in a manner where the negative externalities would be minimized‚ government’s role is to uphold freedom of the market with government providing safety and stability only for essentials. If there are too many regulations by the government‚ it will slow down and stop jobs‚ prices will go up and the economy will
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sINTRODUCTION What are Carbon Credits? A carbon credit (often called a carbon offset) is a financial instrument that represents a tonne of CO2 (carbon dioxide) or CO2e (carbon dioxide equivalent gases) removed or reduced from the atmosphere from an emission reduction project‚ which can be used‚ by governments‚ industry or private individuals to offset damaging carbon emissions that they are generating. How are Carbon Credits used? Carbon credits are associated with either removing existing CO2 or
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