Tuesday, January 24, 2012

Economic Notes


COPY INTO YOUR NOTES

Moderate:
o   Middle Both Conservative and Liberal

Left Wing – LIBERAL (Democrats)
o   Abortion: Pro Choice FOR IT
o   Life Penalty: AGAINST IT
o   Same sex marriage: FOR IT
o   Drilling in Alaska drilling: AGAINST IT
o   Dr. Assisted Suicide: FOR IT
o   Three strikes law: AGAINST IT
o   Mal-practice law suites: No limit
           
Right Wing - CONSERVATIVE (CONS) (Republican)
o   Abortion: Pro life- AGAINST IT
o   Death penalty: FOR IT
o   Same sex marriages: AGAINST IT
o   Drilling in Alaska: FOR IT
o   Dr. Assisted Suicide: AGAINST IT
o   Three strikes law: FOR IT
o   Mal-practice law suites: Believe in a limit

GLOBALIZATION & FREE ENTERPRISE

GLOBALIZATION
·      The world is more interconnected, getting smaller and smaller in a communication way.
·      Because of internet, technology
·      Things that happens in one country affects other countries

OUTSOURCING
·      Your job is lost because it is given to another company to do part of the job. Instead of doing the entire job by themselves, they hire another company to do part of the job.
·      Ex. SUBCONTRACTING

OFFSHORING
·      When you hire people in another country to do a particular job because it is cheaper labor
·      Ex. Nike, Reebok, Apple






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