Having dreamt of owning his own large business for his entire life, John’s relentless work ethic allowed him to achieve his American Dream while living in a community which boasted a 7.4% unemployment rate at the time. The unemployment rate of John’s hometown, Queens, has now decreased to barely above national average at 4.3%, but is now plagued by another problem; income inequality. This problem is occurring all across our nation, hurting the American Dream. The top 20% wealthiest of the U.S.’ population owns almost 86% of the countries wealth, leaving only 14% for the bottom 80%. This means that there is much less money left for the lower classes to increase their standing and achieve
What the underdeveloped counties get is the destroyed environment while developed countries get most of the capital and cheap labor. For example, there are many Nike factories in Indonesia and Vietnam using the cheap labor and low price ingredient, but the local countries and workers only get little profits. So the factories have to extend working hours and even employ child laborers working in dangerous places for higher profits. In China, the 18 attempted suicides by Foxconn employees resulted in 14 deaths. In excess of the 36 hours a month allowed by Chinese law was routinely demanded from Foxconn employees (Fiona, James and Mimi).
Louis is small so the capacity of the current warehouse is 2,000,000 units per year, more than enough to supply 2007’s demand. Moreover, if demand increased by 80precent per year in next year, the total demand is 2,565,000, the current warehouse in St. Louis is not enough to cope with the rapid demand growth. Therefore, SportsStuff need to lease more warehouse. Major problem The major problem should be SportsStuff lack of warehouse space to cope with the demand growth. SportsStuff just had one warehouse in the outskirt and the risks of natural disasters that can cause a huge interruption to SportsStuff because all the inventory in the warehouse and it will causing seriously impact in supply chain.
8) 2013 should be the darkest year for American Apparel till date. Net loss has reached an all-time high with 106 million USD in 2013, which is a 400% increase compared to only 37 million USD in 2012. The year was more disastrous because their operating expense was too high due to strategy for inventory management and finishing the E-Commerce platform. The service via E-Commerce wasn’t up to the mark because it was underprepared leading to further loss. 9) The sales of the company have increased relatively in 2013 but it is cancelled out by their exorbitant net loss.
Obama went into reasoning how the past was filled with inequality that is affecting many people as the top ten percent rich takes more than a third of the country's riches and housing while the poor are not advancing at all. And comparing now to today how the gap between rich and poor has increasingly grown. Back to ethos, Obama refers to the pope saying that the economy is more important and appears in the news even though two points were just lost in the stock market. But that if an elderly person died nothing was announced considering human life less than the economy. And then starts to say that increasing inequality because those born without anything is expected to climb up to the top when they have nothing to support himself up.
Failure definitionis when not to achieving the goals and plans, It is well known that the most important reason for failure in many small business is because lake of study project properly before starting and don’t have a plan and it is the most important role in deciding grade of success out so The number of small business failure is growing, the spread of these small business which some of them failed and other succeed, it is noteworthy that the failure rate is growing and rising this phenomenon is very common in our market. The statistics says that 50 percent of small business that are held in the local market fail within the first years of its beginning, the percent rises to 90 percent during the first three years of the beginning of
The worlds smartest people were born in small villages, didn’t have the right support to get into prestigious universities, don’t speak English and have been deprived of the socio-economic advantages that allow people to access jobs in large companies. Some sources estimate up to 80% of jobs today are found through referral. Many of the world’s smartest people therefore are frustrated and idle and isolated placing Africa’s youth at crossroads. Will Africa’s youth reach their true potential as wealth-creating demographic dividend; that help Africa reach true prosperity or are they
Too many people too little space. The Philippines has one of the fastest growing populations in the world. From having fifty million inhabitants in 1980.The Philippines today is home to around ninety million people with 11 million living in Manila only. Living place is becoming increasingly. This overcrowding is causing a range of problems such as lack of education, lack of healthcare, unemployment and general poverty.
Pakistan has countless natural resources but problem is that resources are being wasted since the independence of Pakistan in 1947. You may find many graduated, masters, IT experts, engineers and doctors wondering about for job opportunities due to bad employment system. The people of Pakistan are considered highly talented and hardworking in the world and there is no value of talent in Pakistan therefore, it is the reason many of engineers, doctors, Scientifics, technicians and accountants travel in foreign countries for earn their livelihood. The poverty rate is also on peak therefore uneducated and unskilled people can be found easily in Pakistan. Labour class is also affected by the unemployment.
while, overall population growth rate of Pakistan is 2.0%. It is said that with this Growth rate Pakistan will become the 4th largest NATION in 2050. Pakistan is known as the “YOUNG” country with the median age of 23 years. (Total). And has both female and male median age year of 23,Approximately 106 million People are below the age of 30 and Total working Population is 121.01 million and there is only 57% literacy Rate of Total populatin.In general it has been studied that where there is rapid population growth and high fertility rates, poverty incidences is also very high.