Wednesday, June 9, 2010

#1 John Meynard was a man with many ideas about how the government should work. He was a British economist just after the Second World War had ended.

#2 John Keynes believed in an economy were the government would help businesses and intervene but at the same time not control the businesses.

#3 I agree with his philosophy because I look at what happened to the US economy and how they did not control their banks. This has caused major problems through US and also throughout the world. This problem could have been prevented through a style of government that Keynes came up with.

#4 Yes because of all the problems countries are having because they are not intervening in their countries businesses. The government does not have enough control.

Know I will write a five paragraph about the various things that Keynes believed in. I will cover three points in this essay. Here are my topics first what type of economy did he make and which country uses it today. Second what his beliefs were on how government business. Last how he believes the economy should work.

Keynes kind has made a certain economy out of his ideas. The economy he made is known today as a mixed economy. This economy is supposed to be half owned by the government and half owned by the private sector. Canada is one country in the world that has a mixed economy. We can really attribute are economy to Keynes ideas.

The second thing is what did he believe a business should be run. He believed in some government control over a business. The way he believed the government could control a business but not own a business was through money regulations. This would allow thereto be a healthy private sector but at the same time allow the government to have the control they needed to keep the business up and running and producing for the citizens needs. This is an important part of Canada’s and any other country that uses a mixed economy.

The last thing I will speak on is what John Keynes thought the government should control the economy. Keynes believed that the government should control the ups and downs of the economy through taxes. To get rid of inflation the government should raise taxes so they can fund businesses to and keep the businesses so that there would still be jobs and ways to make money and obtain the goods and services the people need. To me this works well. Canada seems to have pulled it’s self through economic hard time easier than the US’s government have been able to do for there economy.

To me John Meynard Keynes is very important. He pretty much defined my home country Canada’s government and economy. Canada’s economy has worked well according to me. I think it’s a hybrid economy.

Friday, June 4, 2010

Favorite Sport

The sport I most enjoy watching is hockey. I love sitting down and watching a good hockey game. I like to predict who I think is going to win. I just find hockey an exciting sport to watch but I would rather play soccer. The main reason I enjoy playing the game soccer so much is becuase that's the sport I am good at. I love the joy I get when I score a goal or my team wins a game. I love to play soccer. These are my favorite sports.

Tuesday, June 1, 2010

Standard of living and Quility of Life Paragraph

In this paragraph I will touch up on what the difference is between standard of living and quality of life. Is there even a difference between standard of living and quality of life? I say yes. The reason is when I read my textbook it gave a bunch of ideas on the difference between standard of living and quality of life. I will now take the time to write about a few of these ideas. In the textbook it says that standard of living is only one aspect of the quality of life. Standard of living is mainly a measure of how your needs are being taken care of. The needs include quality and availability of food, quality and Quantity of water, and pretty much the quality and quantity of any other good needed by people to survive comfortably. Standard of living just focuses on the materials of life. In the quality of life there is much more than just materials. Quality of life has things that standard of living does not focus on. These things are clean environment; personal safety, political rights, and right to earn a living using traditional means these are my few examples. Some more could be rights for freedom of religion, speech, and culture. An example of such a quality of life not focused on in the standard of living is that the Francophone’s in Alberta get schools that teach their native language French. This raises their standard of living through means other than the standard of living. Even though there is difference between quality of life and standard of living they still need each other. Quality of life is not complete without the standard of living and material things. I am no downing standard of living; I’m just saying that there is more to having a good life than material things can offer. This is my thought on the difference between the Quality of life and the standard of living.