It contributes to the assumptions about how the world works especially assumptions that maintain social stratification. Whereas hegemony is a form of social control where people willingly acceptance a dominant group. Common sense is a term used to show how normalized one becomes and since people don 't know how they can disrupt it, they are convinced the live in an open society but hegemony actually maintains structural inequality. However, these two can work together. The ideology of the educational process is when individuals succeed, we collectively succeed.
Success is a great thing, I mean, who doesn’t want to be successful in their lifetime? Anyways, here is a quote from the Prairieecothrifter article. “ Paying for grades within a full system of expectations, ongoing support, encouragement, and recognition can provide added incentive for success.” This quote means that what will or most likely happen if you start the cash for grades program at your school then you will be successful in getting good grades. The effect of this is more students will get good grades, thus meaning they’re getting A better education. Unquestionably, with the right incentive, cash for grades will lead to
Money also affects your mental and emotional state. Having too much or not enough can control your outlook on life. Money even has an effect on the environment. An interesting to note is that in actuality, a world without money can never exist. How does one pay for the services one is being rendered?
To put it simply, the more wealth a person has, and then he is considered to be economically successful. The institutionalized means of attaining this cultural goal then means the socially accepted and legal ways, such as getting proper education, which leads to employment. The higher the education, the better the skills the individual
If we accept college graduates having higher pay over time, being prepared for the career of their choice, opportunities for promotions and more job advantages then we should accept that college is the best option in order to reach the highest level possible in our career. Having a degree is more beneficial than trying to receive higher pay
(2). Basically, our country is more concerned with how much we're spending rather than creating and saving. It's disappointing to learn that those are the aspects that are being measured. Although the main concern is profit for companies to excel, the other factors should still be measured equally. Another quote by Derakhshani claims that, "A consumer economy only works if consumption of goods provides only temporary pleasure.
On the other hand consumption motivations also determines the saving behavior of various parties where some people seek more to consume and less to save while some people, more to save for future consumption needs or for potential investment opportunities. Higher interest rates and other fringe benefits providing by various financial institutions and banks also drive people to save more and more. Not only that, millennials should have good financial habits to enhance the savings. As per (Johnsan and Sherraden 2006, p. 9) building assets through saving early on and developing sound financial habits can positively influence the course of a young person 's life. Hence people determine the proportion of saving out
Market failure: It means that the market can not be efficient allocation of goods and services. Market failure can be seen as someone who wants to pursue personal interests leads to this result. “It describes any situation where the individual incentives for rational behavior do not lead to rational outcomes for the group. Put another way, each individual makes the correct decision for him/herself, but those prove to be the steady state disequilibrium in which the quantity supplied does not equal the quantity demanded.” Merit goods: means that goods and services that the government feels that people will under-consume, and which should be provided free at the point of use so that consumption does not depend primarily on the ability to pay
This pay range can vary based on education and seniority. This system will make it easier for us to make a budget and plan raises for the deserving employees. With this system we can also reward the employees who have been with us for a longer period of time and have been giving a good and consistent performance. This way we can eliminate the chance of discrimination in the pay structure. However, there is a negative to job based system.
Also if faced any losses unlike the sole proprietorship the loss is shared among a several. Just as its advantages it also has its own advantages. The main disadvantage being unlimited liability. This means that the partners’ liability for the business exceeds the amount that they have invested. For an example if partnership obtains a business loan is unable to settle it from the revenue of the business, the partners may have to bring in their personal assets to settle the obligation.