Songkran Festival in Thailand for Economy - myassignmenthelp

Question: Talk about theSongkran Festival in Thailand for Economy. Answer: Presentation Various types of occasions have now become a decent asset of a mass delight as well as become a huge asset of economy age in the individual nation. Occasions can be of shifted sorts, for example, film celebration, yearly celebration, concert and numerous others like such (Kitterlin Yoo 2014). Songkran celebration is one of the sorts of such celebrations however unquestionably with various religions and convictions behind it. The paper subsequently makes sense of the authentic discoveries behind the occasion (Tsai Sakulsinlapakorn, 2016). The primary reason for this task is to break down the Songkran celebration dependent on various boundaries, for example, its effect on the various partners and the hypothetical points of view of the Songkran celebration. Authentic foundation of the occasion Songkran celebration is the greatest occasion celebrated in the nation Thailand consistently in the long stretch of April from thirteenth to fifteenth. The beginning of the occasion can be followed in the prior occasions when the devotees used to offer nourishments to the Buddhist priests. The heavenly water offered by the priests had then taken the strict convictions, which is since the time at that point has proceeded. The festival of Songkran celebration is presently increasingly accomplished for the heavenly reason. Individuals see this as a decent asset to decontaminate their spirits by being into the precipitation (Agarwal, 2013). Writing Review Occasion as far as standards of maintainability Rule of maintainability can be all around characterized with the assistance of Triple Bottom Line approach. Triple Bottom Line approach is a hypothetical structure that examinations the effect of a business on the three significant factors, for example, condition, society and the economy (Starik Kanashiro, 2013). On a comparative note, this segment of the task checks the effect of the chose celebration on the public activity of the Thais, on the general condition and on the nearby economy. Natural effect The effect of a business or any occasion on the earth is developing in worries for the average folks. Everyday citizens have now much worry on the improvement of condition. Manageability has become a fundamental resource of the various practices that associations today perform. They do as such to guarantee that their business is lined up with natural reason likewise (Beckmann, Hielscher Pies, 2014). Social effect Occasions do likewise influence the public activity of individuals living near such occasions. The various types of occasions do influence its crowd unmistakably. Be that as it may, occasions dependent on ceremonial convictions impactsly affect the general public. It changes their perspective. It changes their method of living and furthermore their method of convictions (Porananond, 2015). Economy sway Such occasions do likewise indirectly affect the neighborhood economy. This happens on account of a few reasons, for example, the expanding fall of outside guests. An expanding fall of remote guests is additionally went with an expanding number of neighborhood individuals. In the event that such an enormous social occasion is a piece of an occasion and that for a long term of time, it truly helps the nearby economy of the nation to improve to a critical level (Lee, 2016). Encounters and implications appended to the occasion Various individuals have various encounters with respect to the occasion. To certain individuals, it just methods a decent source to have a pleasure. Notwithstanding, there are numerous who are related to the different sorts of occasions for their various convictions considerations. Regardless of all the recognize convictions and perspectives on the various types of occasions, it is justifiable that occasions are near many (Karlsson, 2013). Positive and negative effects results of the occasion The effect of the occasion on the economy is promptly discernible. This doesn't just profit the various businesses related with this. It rather influences the nearby economy too. Positive effect of various occasions can be yet are not constrained to, for example, expanding business of various bodies partner to the occasion, engaging asset for the individuals who love diversion and neighborhood economy of the nation. Negative effects can likewise be in huge numbers. Various occasions have diverse negative effects, for example, a concert influences the general condition with sound contamination. This is hazardous to the basic resident too to the understudies (Riasi Pourmiri, 2015). Effect on partners in the occasion Partners are the individuals who are related to the occasions with their various jobs and obligations. The hypothesis of partner the executives takes after its connection with the hypothesis of supportability, which intends to fulfill the necessities of each and every partner related to a business or an occasion. It is for sure a test in these days to fulfill the necessities of each and every partner (Tantalo Priem, 2016). Partners are of two sorts, for example, essential and auxiliary (Kazadi, Lievens Mahr, 2016). Supportability has been influenced gravely by the inability of the organizations to deal with their partners. Associations with better manageability records have the better capacity to deal with their individual partners, which is the reason there are barely any organizations on the planet that are celebrated for their maintainability records (Eccles, Ioannou Serafeim, 2014). Conversation part Songkran celebration as far as standards of maintainability Natural effect Songkran celebration is one of such occasions that evidently affect the general condition. Thai individuals accept the occasion is an asset to wash off their wrongdoings and terrible deeds. It pulls in the neighborhood individuals as well as draw in the outsiders too. Sightseers originating from various pieces of world have their advantage likewise in the occasion. They may have some other point of view towards the occasion; be that as it may, they despite everything participate in the occasion. Earth, the celebration score poor on the manageability account. This is for scarcely any significant reasons, for example, the wastage of water and the contamination because of this. There is an enormous lack of water in Thailand. In spite of the reality the nearby administration of the nation despite everything offers adequate water to help the ceremonial convictions. They have decreased the celebration term from at first of four days to three days yet at the same time it doesn't look great from the point of view of maintainability (Waiyanate, 2016). Another significant post is contamination, which the spilling of water causes. Individuals use to be in the downpour of water with their shoes in the leg. The encompassing of the region will undoubtedly be abutted with startling contamination might be as soil that various individuals carry with themselves in the celebration (Waiyanate, 2016). Social effect Songkran celebration like the other occasion celebration over the globe pulls in a mass cooperation particularly from the nearby network. It additionally witnesses a huge support of the universal guests the individuals who come to Thailand to visit the nation. There have been occasions of street mishaps, which were there on account of road social affairs, careless driving, drinking while at the same time driving and many like such. The occasion itself doesn't give any lecture on any such practices; be that as it may, it is getting liable for such causes. It has influenced them contrarily, which is definitely not a solid sign for a serene air (Porananond, 2015). Economy sway Songkran celebration, which is commended each year in the period of April for three days draws in the neighborhood individuals as well as it, likewise pulls in the remote guests who visit the nation for the visiting reason. The remaining of outside guests in the celebration opens up approaches to an expanded recurrence of web based booking of lodgings, air tickets, eateries and so on. Visit administrators do acquire a noteworthy sum with such occasion. Not just this, the lodgings and the cafés additionally acquire a noteworthy sum. The business is improved for the lodgings, the eateries and the visit administrators. This in a roundabout way impacts the neighborhood economy of the nation. This is for such explanation the nearby administration of the nation has indicated their enthusiasm for elevating the travel industry area of the nation (Karlsson, 2013). Encounters and implications connected to the Songkran celebration The occasion celebrated by the Thais has not many foundation meaning, which is important to comprehend the significance of celebration to the Thais individuals. The Thai individuals accept that being into the sprinkling water will wash away their wrongdoings and cleanse their spirits. The conviction is a lot of like the explanations behind which Makar Sankranti is commended in India. Be that as it may, the method of festivity is unique. To the Thai individuals it is extremely strict and devout as well. The other importance appended to this occasion is the conviction, which the Thai individuals have for downpour. They accept that sprinkling water in such a manner for ceremonial qualities will likewise pull in precipitation in the nation. By and by, this will repay the shortage of water in the nation (Karlsson, 2013). Positive and negative effects results of the Songkran celebration Energy of the occasion is generally obvious in the financial improvement of Thailand. The web based booking has gone up. This is on the grounds that more individuals are currently originating from the various pieces of world. They are the guests who are going to the nation with their uncommon aims to be the piece of the occasion. This is a decent sign for the various inns, eateries and the visit administrators in Thailand. They have now improved business openings (Riasi Pourmiri, 2015). In spite of its positive effect on the economy of the nation, it has antagonistically influenced the social and the natural variables of the nation. Mishap cases are ascending with the developing ubiquity of the Songkran celebration. Drivers are driving the vehicles angrily while being in the drinking state. Aside from this, it is additionally the wastage of water. The nation is attempting to get the adequate water for its kin. In addition, the overflow water is supporting the air contamination. This is never a sound sign for a nation.

Policy Brief Project Descriptioin ( prison and privatization) Research Paper

Arrangement Brief Project Descriptioin ( jail and privatization) - Research Paper Example er jail privatization are dissected by covering sub points on financial viewpoints, which remember contentions for favor and against the strategy through cost factor conversation, hypothetical contemplations on the arrangement, and how jail penitentiaries are overseen. The changed strategy pattern incorporates a case brief of Florida. The procedure of arrangement making is intricately assessed. Examination incorporates the obtainment procedure. Job of legislative issues is investigated. Job of social partner bunches on changing qualities and cooperation of different partners on the arrangement features the state of mind of the general population and flurry of the legislature in permitting privatization. End is inferred on adopting a limitation strategy. The pattern of jail privatization began in mid-1980s in the United States. Starting to lead the pack from subsequently, the jail privatization not just became very quick in the government, state and area restorative offices, yet in addition caught showcase for different fields of the jail business like offering money related types of assistance for the structure of new detainment facilities and the support of the current penitentiaries. Moreover, various such privately owned businesses have become open restricted worries by enjoying stock exchanging also. The matter of jail privatization has seen generally more development than different administrations organizations. By and large, privatization of detainment facilities is established in â€Å"public choice† thinking of the socio-world of politics, made from the antigovernment disposition during the Reagan period. It prompted strategy change in the underlying phases of arrangement detailing, and in the tasks of penitentiaries. The issue of jail privatization has circulated the idea that detainment has become an instrument in the hands of government officials for detailing arrangements on basic least detaining for the development of jail privatization industry (Price a& Riccucci, 2005). Examination of the information of the 50 states shows the job of political components like the world of politics of a state and the ideological group overseeing

Taking Antidepressants for BPD

Taking Antidepressants for BPD BPD Treatment Print Taking Antidepressants for Borderline Personality Disorder By Kristalyn Salters-Pedneault, PhD Kristalyn Salters-Pedneault, PhD, is a clinical psychologist and associate professor of psychology at Eastern Connecticut State University. Learn about our editorial policy Kristalyn Salters-Pedneault, PhD Medically reviewed by Medically reviewed by Steven Gans, MD on August 05, 2016 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on January 19, 2020 asiseeit / Getty Images More in BPD Treatment Diagnosis Living With BPD Related Conditions While psychotherapy is considered the central aspect of treatment for borderline personality disorder (BPD), many people are prescribed antidepressants for BPD. No medication is FDA approved to treat BPD, but many have proven to be effective in reducing some of the symptoms of BPD. Antidepressants are one of the most commonly prescribed classes of medications for BPD. While antidepressants alone will not produce a full recovery from BPD, they may help you get your symptoms under enough control that psychotherapy will be more helpful to you. Antidepressants for BPD may be recommended if you have comorbid depression or if your psychiatrist expects that they with help with your mood symptoms related to the BPD. Types of Antidepressants There are many different types of antidepressants. The most commonly prescribed antidepressants are called selective serotonin reuptake inhibitors or SSRIs. These medications work by altering the availability of the neurotransmitter serotonin in your brain. Some examples include: Celexa (citalopram)Lexapro (escitalopram)Prozac (fluoxetine)Zoloft (sertraline)Paxil (paroxetine) Other types of antidepressants that are prescribed include the tricyclics and the monoamine oxidase inhibitors, or MAOIs. These medications are older and have more serious side effects, so they are less commonly prescribed. Some tricyclics include: Elavil (amitriptyline)Anafranil (clomipramine)Tofranil (imipramine) Some MAOIs include: Nardil (phenelzine)Parnate (tranylcypromine) Finally, there are other types of antidepressants that are commonly prescribed, including: Wellbutrin (bupropion)Cymbalta (duloxetine)Effexor (venlafaxine) Are Antidepressants Effective in Treating BPD? A number of research studies have demonstrated that certain types of antidepressants are effective in treating specific symptoms of BPD. For example, SSRIs can reduce emotional instability, impulsivity, self-harm behaviors, and anger. MAOIs have also been shown to effectively treat emotional instability. There is less consistent evidence that tricyclic antidepressants are helpful for people with BPD. While there is evidence that some people with BPD respond well to this type of antidepressant, one research study found that people with BPD who took tricyclics experienced an increase in suicidal thinking and paranoid ideation. Risks and Side Effects of Taking Antidepressants Risks and side effects of antidepressants can vary depending on the type of antidepressant you are taking. SSRIs tend to have the least serious side effects  but can produce effects such as decreased appetite, headaches, insomnia, sedation, and sexual dysfunction. Tricyclic antidepressants can also produce dry mouth, blurred vision, weight gain, seizures, and heart problems. For those taking MAOIs, certain foods that are high in the amino acid tyramine (e.g., soy sauce, aged cheese) must be avoided due to a risk of severely elevated blood pressure. In addition, there are several types of medications that have serious interactions with MAOIs, so always discuss your current medications with your doctor and pharmacist. Questions for Your Psychiatrist You should talk to your psychiatrist before you start taking any type of medication for BPD. If you have any concerns (including some of those discussed above), let your doctor know. Make sure you understand the risks and side effects  and be sure to have an in-depth discussion about the reasons you are being prescribed a certain medication. Borderline Personality Disorder Discussion Guide Get our printable guide to help you ask the right questions at your next doctors appointment. Download PDF

Most People Know About Or Have At Least Heard About The

Most people know about or have at least heard about the winter and summer Olympic Games that take place around the world every 4 years. The events held at the Olympics exclude the deaf community due to the use of sound to queue the athletes. Due to this issue in 1924 the deaf community started and held their first Deaflympics, exclusively for only the deaf community. The early pioneers of the international deaf sports movement were Eugà ¨ne Rubens-Alcais of France and Antoine Dresse of Belgium. Eugà ¨ne Rubens-Alcais was the founder of the Deaflympics and the first president. He himself who was deaf was just a normal person, who work in automechanics and was very good on a bike. He loved to work with the deaf community and after witnessing the†¦show more content†¦Now the Deaflympics are a global event. Even though it is a global event the United States has only held two summer events which were in Washington, DC 1965 and Los Angeles 1995 and, two winter event which were in Lake Placid 1975 and Salt Lake City 2007. That is half the amount of times the United States has hosted the Olympic games, that currently standing at 8. Throughout the years what is now called Deaflympics went by many other names. It was originally called International Games for the Deaf or International Silent Games, this lasted from 1924-1965. From 1966 to 1999 the event went by the World Games for the Deaf, or sometimes called World Silent Games. It was not until 2001 that these events got the name Deaflympics. A lot of people called it the Deaf Olympics by mistake, but the true name is Deaflympics. There are different levels of being deaf, meaning not every deaf person can participate in the Deaflympics. For a player to qualify to participate they must have hearing loss at least 55db in their better ear. Any device that helps one hear is not allowed to be used at the game. This helps keep everyone on the same level and keeps the games as fair as possible. In the Olympics the athletes are given the â€Å"go† by sounds, such as someone shooting a gun in the air or a referee blowing a whistle. That brings the question to mind, how do they go about giving the deaf athletes the â€Å"go†? Well the answer is interesting. They use non audible signals such as, blinkingShow MoreRelatedImportance of Voting Essay1090 Words   |  5 Pagesvote the most exciting thing ever. But wait aside of that, think for a second. This year there were people going to vote even when hurricane sandy hit parts of their neighborhood, destroyed their houses or flooded several ways for them to get to their voting station, but they still voted. They’re is people who went to those voting polls and spent long hours putting whatever situation they were in aside and went to vote. They did so To fulfill their duty as a citizen, to make their voice heard and theirRead MoreImportance of Voting Essay1090 Words   |  5 Pagesvote the most exciting thing ever. But wait a side of that, think for a second. This year there were people going to vote even when hurricane sandy hit parts of their neighborhood, destroyed their houses or flooded several ways for them to get to their voting station, but they still voted. They’re is people who went to those voting polls and spent long hours putting whatever situation they were in aside and went to vote. They did so To fulfill their duty as a citizen, to make their voice heard and theirRead MoreThe My First Combat Experience1547 Words   |  7 Pagesof his home state before, friends that had been lost, what the first combat experience had been like and how disconnected he felt on returning home. Only a very small percent of the population would ever understand. The old album was snapped shut about the time the Swede arrived. 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What Is Deuterium - Deuterium Facts

What is deuterium? Heres a look at what deuterium is, where you might find it, and some of the uses of deuterium. Deuterium Definition Hydrogen is unique in that it has three isotopes which are named. Deuterium is one of the isotopes of hydrogen. It has one proton and one neutron.  In contrast, the most common isotope of hydrogen, protium, has one proton and no neutrons. Because deuterium contains a neutron, it is more massive or heavier than protium, so it is sometimes called heavy hydrogen. Theres a third hydrogen isotope, tritium, which may also be called heavy hydrogen because each atom contains one proton and two neutrons. Deuterium Facts The chemical symbol for deuterium is D. Sometimes the symbol 2H is used.Deuterium is a stable isotope of hydrogen.  In other words, deuterium is not radioactive.The natural abundance of deuterium in the ocean is approximately 156.25 ppm, which is one atom in 6,400 of hydrogen.  In other words, 99.98% of hydrogen in the ocean is protium and only 0.0156% is deuterium (or 0.0312% by mass).The natural abundance of deuterium is slightly different from one water source to another.Deuterium gas is one form of naturally occurring pure hydrogen. Its chemical formula is written as either 2H2 or as D2. Pure deuterium gas is rare. Its more common to find deuterium bonded to a protium atom to form hydrogen deuteride, which is written as HD or 1H2H.The name for deuterium comes from the Greek word deuteros, which means second. This is in reference two the two particles, a proton, and a neutron, which make up the nucleus of a deuterium atom.A deuterium nucleus is termed a deuteron or deuton.Deut erium is used as a tracer, in nuclear fusion reactors and to slow down neutrons in heavy water moderated fission reactors.Deuterium was discovered in 1931 by Harold Urey. He used the new form of hydrogen to produce samples of heavy water. Urey won the Nobel Prize in 1934.Deuterium behaves differently from normal hydrogen in biochemical reactions. While its not deadly to drink a small amount of heavy water, for example, ingesting a large quantity can be lethal.Deuterium and tritium form stronger chemical bonds than the protium isotope of hydrogen. Of interest to pharmacology, its harder to remove carbon from deuterium. Heavy water is more viscous than ordinary water and is 10.6 times denser.Deuterium is one of only five stable nuclides that has an odd number of both protons and neutrons. In most atoms, odd numbers of protons and neutrons are unstable with respect to beta decay.The presence of deuterium has been confirmed on other planets in the solar system and in the spectra of star s. The outer planets have roughly the same deuterium concentration as each other. It is believed most of the deuterium present today was produced during the Big Bang nucleosynthesis event. Very little deuterium is seen in the Sun and other stars. Deuterium is consumed in stars at a faster rate than it is produced via the proton-proton reaction.Deuterium is made by separating naturally-occurring heavy water from a large volume of natural water. Deuterium could be produced in a nuclear reactor, but the method is not cost-effective.

Unions at the Work Place Free Essays

Work dominates modern life. Work can be satisfying, enjoyable and rewarding. Many of the difficulties which face several nations today arise from the fact that, over many years, a lot of people who want to work have been denied the chance to do so. We will write a custom essay sample on Unions at the Work Place or any similar topic only for you Order Now Most employers treat their workers fairly. But some do not. Complaints about the way they were treated by their employer are rampant. Even the best bosses can make mistakes from time to time. Unions exist to help people at work and make the work place a better place. Basically, unions work on the simple principle that while an employer might be able to ignore the views of a single worker, if all workers speak with one voice the employer has to take notice. Unions encourage their members to take part in collective decisions on workplace issues and these views are then put to the employer. From time to time, Union members in the same workplace will get together to talk about common problems. The issues most likely to come up are pay, safety, unfair treatment of a group or individual, or simply the way the work is organized. The union members will usually elect someone to speak on their behalf – a shop steward or office representative. The rep will then discuss their concerns with management. Where the union has a recognition agreement with management they reach decisions together on key issues. In bigger workplaces there will be a number of representatives, sometimes from different unions, speaking on behalf of different groups of workers. And in very big workplaces some of these union representatives will spend much of their working day dealing with union business, talking to management helping solve problems on behalf of their members. Most sensible employers welcome these arrangements. They understand it is better for workers to have an independent means of dealing with problems rather than letting them fester or hoping they will be sorted out by the supervisors or line managers who are sometimes the cause of the problems. However, is that enough? Shall Unions’ responsibility be limited to those of their kinds or should it be widened to apply coverage to the whole society at large? Ross M. Martin, in the book Trade Unionism – Purposes and Forms, p. 62 wrote: â€Å"The responsibility of the part to the whole is inseparable from the idea that society is an organism. For the trade union that means a responsibility which extends beyond the membership, beyond the class, to society at large.† When we talk of trade union, we talk of association of workers for the purpose of improving their economic status and working conditions through collective bargaining. Historically there have been two major types of labor unions: the horizontal, or craft, union, in which all the members are skilled in a certain craft (e.g., carpenters); and the vertical, or industrial, union, composed of workers in the same industry, whatever their particular skills (e.g., automobile workers). A company union is an employee-controlled union having no affiliation with other labor organizations. The term closed shop refers to a company that hires only union members. In a union shop, employees are required to join a union within a specified time after being hired. An open shop does not restrict its employees to union members. Labor unions are essentially the product of the industrial revolution of the 19th century. In Great Britain, miners and textile workers were organized in the 1860s. Most European labor organizations today are either political parties or are affiliated with political parties, usually left-wing ones. In Britain today there are almost 23 million people in paid employment. Most of them spend up to a quarter of their lives at work – longer, on average, than anywhere else in Europe. Today almost seven million people in Europe belong to TUC unions (founded in Manchester in 1868) that is almost one worker in every three. Wherever people work there are union members – or potential union members. They include men and women; full-time and part-time workers; people in big businesses, and those in small ones; people who work for the government and those who work for themselves. Union members are no different from anyone else, except they tend to be better paid and have better working conditions because they have someone to stand up for them. Unions contribute to the success of an enterprise by helping employers plan for the future and manage change. Some of the most dynamic companies work routinely with the unions to keep their workforce informed on crucial issues. The development of worker and union involvement in an enterprise is known in Europe as ‘social partnership’. In some workplaces arrangements to involve workers more closely have been developed with formal â€Å"works councils†. European regulations require such works councils for large companies that operate in more than one EU country. They also require consultation where big changes or redundancies are planned. Sometimes companies and unions have to find imaginative solutions to changes in demand for goods and services. The social partnership approach allows both sides to explore ways of working to the benefit of employees as well as the enterprise. Many union movements in the underdeveloped countries have led anticolonial campaigns toward political independence. In the United States, Unions began developing in the 1830s. Among the important early organizations were the Knights of Labor and the Industrial Workers of the World. A milestone in the history of American unionism came in 1886 with the formation of a group that eventually became the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), an association that includes nearly all of the larger U.S. Unions. The U.S. Labor movement gained support from such new deal laws as the Wagner Act (1935), creating the National Labor Relations Board, but later was restricted by the Taft-Hartley Act of 1947 and the Landrum-Griffin Act of 1959. By the late 1970s some 20 states had banned the closed shop through right-to-work laws. In bargaining with companies in economically troubled industries in the 1980s, U.S. Unions often sought to save existing jobs through concessions (give-backs) of earlier gains, and in 1993 unions unsuccessfully fought passage of the North American free trade agreement, fearing job losses if it were ratified. U.S. Union membership has steadily declined from its peak of 35.5% of the nonagricultural workforce in 1945; in 1992, when U.S. Unions had 16,390,000 members, it stood at 15.8%. Today there are unions in virtually every country in the world. In countries as far apart as South Africa and Poland unions have been at the forefront of campaigns for social change. Internationally, world trade unionism was split after 1949 between two rival organizations: the World Federation of Trade Unions (1945) and the International Confederation of Free Trade Unions (1949). The International Labor Organization is a specialized agency of the United Nations. How to cite Unions at the Work Place, Essay examples

Differentiating Between Market Structures free essay sample

Differentiating Between Market Structures Alana Campbell, Dale Fortune, Katrina Beyah, Leonard Cooper University of Phoenix ECO/212 Principles of Economics Donnetta McAdoo December 5, 2011 Differentiating Between Market Structures To understand the economy of today one must understand the different market structures that make up the economy. There are four market structures that define the economic structure within the world’s economy; perfect competition, monopoly, monopolistic competition, and oligopoly. Team A will provide example of each market structure by completing a market structure table. The members of Team A will also compare and contrast the differences between public goods, private goods, common resources, and natural monopolies. Another portion of the paper will discuss how supply of labor and demand of labor affect labor equilibrium within the market. Team A selected Wal-Mart as the familiar organizational market structure to review, identify, and evaluate. Team A will also provide the factors that affect Wal-Mart’s labor supply and demand. Compare and Contrast To compare and contrast both public and private goods used within the Wal-Mart Corporation, differentiations help identify structures by which the company competes and profits. A public good is both non-rivalrous and non-excludable. Public goods are often although not always, supplied by a government rather than by private firms (p. 148). Classic examples of public goods include national defense and court systems. Conversely, goods both rival (competitive) and excludable (unique) define private goods (e. g. , food, clothing, haircuts, etc. ). In an economic business environment, Wal-Mart provides products and services to private sector consumers to generate profit. Watkins (2100), â€Å"Private goods are such that if one person receives more of them then necessarily there will be less for the other people. In contrast, public goods are those things that all people can simultaneously benefit from† (Nature of Public Goods). By definition a public good is one non-rival and non-excludable. Competing with rival competitors and guided by customer demands; public goods and private goods do not interrelate, but contrast by nature. Although Wal-Mart uses natural resources (e. g. , oil, gas, and water) that may equate to higher expenses, the prices on marketable products sold correlate to consumer demands, consumption, and competition. Common resources (e. g. , electricity, and natural gas) refined and sold through non-rival (non-direct) competitors provide adequate supplies to Wal-Mart facilities without diminishing, or reducing utility supplies to other entities. The goods that are non-rival but excludable involve a natural monopoly. According to  Auburn university  (2005), â€Å"Theoretically, natural monopoly arises when there are very large economies of scale relative to the existing demand for the industrys product, so that the larger the quantity of the good a single factory produces, the cheaper the average costs per unit get right up to production at a level more than sufficient to supply the entire demand in the relevant market area† (Natural monopoly). How Labor Market Equilibrium is Affected by Supply and Demand of Labor Labor equilibrium is the complete balance between the supply of labor and the demand of labor. Companies like Wal-Mart that sell and provide goods and services in the market of supply and demand are part of a buyers’ market in the labor market. When the market supply and demand are in a state of balance to one another and prices become stable it is considered to have reached a state of equilibrium. The labor equilibrium is affected by the supply and demand of labor if the supply of labor is greater than the demand of labor. The demand for labor is determined by the conduct of profit maximizing firms and how the marginal revenue product curve shifts to describe the amount of revenue added by each additional worker Wal-Mart hires. A demand labor curve shifts when there are changes in the price of good or service that a firm like Wal-Mart sells, and by changes in labor productivity for example, the introduction of new electronics. The supply curve for labor represents the behavior of the individual and the decision of how much labor to supply for a given wage, labor supply curve shifts if the individuals’ preferences for work over leisure change as most individuals tend to tradeoff between labor and leisure. Wal-Mart needs workers to sell, package, and distribute the products sold from its stores. References: Scherer, Frederic M., and David Ross. 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