Sunday, November 24, 2013
This week is a hard week for, we learned the value of money, I get a lot of new knowledge from this lesson. In twenty years ago, the value of money is different frim now, the money is always change, just like if you wants to use 15$ to buy a pizza in 1960, you can buy a lot of pizza, but in 2013, you can not use 15$ to buy a lot of pizza, the value are also influenced by inflation. I think this lesson is very hard to understand, I still need to pat more attention on this lesson.
Sunday, November 10, 2013
Financial crisis is the crisis in the financial sector . As the financial liquidity of the assets is very strong , so very strong international finance . Triggered the financial crisis can be any country's financial products, markets and institutions.
Characteristics of the financial crisis is that people will be more pessimistic about the future based on economic expectations, monetary currency throughout the region there was a substantial devaluation of the total economy and the economies of scale there was a substantial reduction , economic growth hit, often accompanied by a large number of enterprises collapse phenomenon, higher unemployment , the general economic depression , sometimes even accompanied by social unrest or national political turbulence.
Sunday, November 3, 2013
This week is a very interesting week, we discussed if the wal-mart should come to our town or not, first of all, I wants to say I don't want let the wal-mart come to our town, it will created a lot of jobs and opportunity, but it will alos influence people who lives in our town, wal-mart will need a lot of worker, and those worker needs to build a lot of house for living, so it will destroy our town character, and if you build a wal-mart, you also need to build roads for wal-mart, so we have to find a company to build these roads, it will increase our taxes and we do not have enough jobs to pat it off, and wal-mart treats its worker like crud, they are not pat their worker well, so that's why I disagree with people who wants let the wal-mart come to our town.
Wal-mart also will bring competition to our town, I can give you an example, if our town have a pizza shop called joe's pizza, their largest pizza was 16.50$, but wal-mart has a pizza shop sell largest pizza was 14$, so no one will go to joe's pizza shop again, so it will destroy our local people's life.
Wal-mart also will bring competition to our town, I can give you an example, if our town have a pizza shop called joe's pizza, their largest pizza was 16.50$, but wal-mart has a pizza shop sell largest pizza was 14$, so no one will go to joe's pizza shop again, so it will destroy our local people's life.
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