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Minimum Price
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change, often described as the point at which quantity demanded and quantity supplied are equal (in a perfectly competitive market). Governments use price floors to keep certain prices from going too low. Two common price floors are minimum wage laws and supply management in Canadian agriculture. Other price floors include regulated US airfares prior to 1978 and minimum price per-drink laws for alcohol. While price floors are often imposed by governments, there are also price floors which are implemented by non-governmental org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fight For $15 On 4-15 (17161520871)
Combat ( French for ''fight'') is a purposeful violent conflict meant to physically harm or kill the opposition. Combat may be armed (using weapons) or unarmed ( not using weapons). Combat is sometimes resorted to as a method of self-defense, or can be used as a tool to impose one's will on others. An instance of combat can be a stand-alone confrontation or a small part of a much larger violent conflict. Instances of combat may also be benign and recreational, as in the cases of combat sports and mock combat. Combat may comply with, or be in violation of local or international laws regarding conflict. Examples of rules include the Geneva Conventions (covering the treatment of people in war), medieval chivalry, the Marquess of Queensberry rules (covering boxing) and several forms of combat sports. Hand-to-hand combat Hand-to-hand combat (melee) is combat at very close range, attacking the opponent with the body ( striking, kicking, strangling, etc.) and/or with a melee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minimum Wage
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. The movement for minimum wages was first motivated as a way to stop the exploitation of workers in sweatshops, by employers who were thought to have unfair bargaining power over them. Over time, minimum wages came to be seen as a way to help lower-income families. Modern national laws enforcing compulsory union membership which prescribed minimum wages for their members were first passed in New Zealand in 1894. Although minimum wage laws are now in effect in many jurisdictions, differences of opinion exist about the benefit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frontier Centre For Public Policy
The Frontier Centre for Public Policy (FCPP) is a Canadian public policy think tank, founded to undertake research and education projects in support of economic growth and social outcomes that enhance quality of life. 2012 Annual Report http://www.fcpp.org/files/annual-reports/pdfs/annual-report-2012.pdf The group claims to be non-partisan, however, their views have been interpreted by some as Neoliberalism, neoliberal, or right-libertarian. Among the positions promoted by the Centre is climate change denial. Publications and controversies Canadian Indian residential school system In September 2018, the Frontier Centre ran a radio ad which claimed to debunk myths about the lasting impact of the abuses of the Canadian Indian residential school system that resulted in the deaths of 6000 Indigenous children and was classified as form of cultural genocide by a six-year study undertaken by the Truth and Reconciliation Commission (Canada), Truth and Reconciliation Commission. James Das ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montreal Economic Institute
The Montreal Economic Institute (MEI) is a non-profit research organization (or think tank) based in Montreal, Quebec, Canada. It aims at promoting economic liberalism through economic education of the general public and what it regards as efficient public policies in Quebec and Canada through studies and conferences. Its research areas include different topics such as health care, education, taxation, labour, agriculture and the environment. Its studies are often mentioned in the media. History The MEI was incorporated in July 1987, after being created by a group of Québec intellectuals and businessmen as the continuation of the Institut économique de Paris à Montréal (which was directed by economists Pierre Lemieux). MEI's activities soared in the late 1990s with the nomination of Michel Kelly-Gagnon as executive director. The institute rapidly established a leading place in debates on economic policy in the province of Quebec and managed to attract leading academics. Sever ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlantic Institute For Market Studies
The Fraser Institute is a libertarian-conservative Canadian public policy think tank and registered charity. The institute describes itself as independent and non-partisan. It is headquartered in Vancouver, with additional offices in Calgary, Toronto, and Montreal, and ties to a global network of 80 think tanks through the Economic Freedom Network.Economic Freedom Network Fraser Institute Fraser is a member of the of libertarian policy lobbyists. According to the January 2020 ''Global Go To Index Report'' ( |
Fraser Institute
The Fraser Institute is a libertarian-conservative Canadian public policy think tank and registered charity. The institute describes itself as independent and non-partisan. It is headquartered in Vancouver, with additional offices in Calgary, Toronto, and Montreal, and ties to a global network of 80 think tanks through the Economic Freedom Network.Economic Freedom Network Fraser Institute Fraser is a member of the of libertarian policy lobbyists. According to the January 2020 ''Global Go To Index Report'' ( |
Protectionism
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the Import substitution industrialization, import-competing sector in the country from foreign competitors. Opponents argue that protectionist policies reduce trade and adversely affect consumers in general (by raising the cost of imported goods) as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries protected against. Protectionism is advocated mainly by parties that hold Economic nationalism, economic nationalist or left-wing positions, while economically right-wing political parties generally support free trade. There is a consensus among economists that protectioni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McGraw-Hill
McGraw Hill is an American educational publishing company and one of the "big three" educational publishers that publishes educational content, software, and services for pre-K through postgraduate education. The company also publishes reference and trade publications for the medical, business, and engineering professions. McGraw Hill operates in 28 countries, has about 4,000 employees globally, and offers products and services to about 140 countries in about 60 languages. Formerly a division of The McGraw Hill Companies (later renamed McGraw Hill Financial, now S&P Global), McGraw Hill Education was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion in cash. McGraw Hill was sold in 2021 to Platinum Equity for $4.5 billion. Corporate History McGraw Hill was founded in 1888 when James H. McGraw, co-founder of the company, purchased the ''American Journal of Railway Appliances''. He continued to add further publications, eventually establishing The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Butter Mountain
The butter mountain is a supply surplus of butter produced in the European Union because of government interventionism that began in the 1970s. The size of the surplus changed significantly over time and mostly disappeared by 2017, which has led to shortages. Other surpluses were described as ''beef mountains'', ''milk lakes'', ''wine lakes'' and ''grain mountains''. Excesses existed because the agricultural policies were designed to stabilize prices for farmers and consumers and to ensure that there was enough produce at all times, but production varied from year to year, so in most years there was an excess. Excesses were often sold off cheaply either within the EU or to other markets. History Agricultural underproduction in the 1950s led to a series of market interventions, including the Common Agricultural Policy. Governments subsidized milk production by a guaranteed minimum intervention price for dairy products. This led to a surge in the production of grain, milk, butt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intervention Price
In agricultural policy, the intervention price is the price at which national intervention agencies in the EU are obliged to purchase any amount of a commodity offered to them regardless of the level of market prices (assuming that these commodities meet designated specifications and quality standards). Thus, the intervention price serves as a floor for market prices. Intervention purchases have constituted one of the principal policy mechanisms regulating EU markets in sugar, cereal grains, butter and skimmed milk powder, and (until 2002) beef. References * {{DEFAULTSORT:Intervention Prices Agricultural economics European Union ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia and it is located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. Comprising the westernmost peninsulas of Eurasia, it shares the continental landmass of Afro-Eurasia with both Africa and Asia. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south and Asia to the east. Europe is commonly considered to be Boundaries between the continents of Earth#Asia and Europe, separated from Asia by the drainage divide, watershed of the Ural Mountains, the Ural (river), Ural River, the Caspian Sea, the Greater Caucasus, the Black Sea and the waterways of the Turkish Straits. "Europe" (pp. 68–69); "Asia" (pp. 90–91): "A commonly accepted division between Asia and E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to plant them around 11,500 years ago. Sheep, goats, pigs and cattle were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture. The major agricultural products can be broadly grouped into foods, fibers, fuels, and raw materials (such as rubber). Food classes include cereals (grains), vegetables, fruits, cooking oils, meat, milk, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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