Friday, February 14, 2020

Creating Anglo-America 1660-1750 Essay Example | Topics and Well Written Essays - 750 words - 194

Creating Anglo-America 1660-1750 - Essay Example His strong belief in one God that is universal drove him to argue that God dwelled in all people and, therefore, no people (including those with authority/government) had the right whatsoever to force people into a particular form of worship. Penn was also a strong believer in the equality of all people regardless of their race, gender, sex, color or sex. This in turn made him advocate for equality by arguing that â€Å"liberty is a universal entitlement† that was conflicting the pre-existing belief that liberty was a right to be entitled only to certain individuals. To put this in a practical manner, Penn found it necessary to buy Indian land and offered it to the Indian refugees who had been driven out of the other colonies. In his attempt to come up with a government that put into consideration the rights of all, Penn came up with a frame of government in 1982. In his charter Penn aimed at offering â€Å"Christian liberty† to all who affirmed a strong belief in God and expected them not to promote the liberty in promoting sexually immoral things. In this period, the government was responsible for regulating the people`s moral public behavior and some particular people such as the Jews were not allowed to be holding an office of any religious institution. The Quakers strict code of personal morality drove Penn into believing that by giving people religious freedom immorality would reduce as people would lead a life that corresponded to God`s expectations. This charter, however, didn`t prove sufficient to guide the growing population of Pennsylvania and was therefore replaced with a charter of liberties whose political system lasted up to the period of American Revolution.   

Saturday, February 1, 2020

How a Country Benefits From International Trade Essay

How a Country Benefits From International Trade - Essay Example International trade, otherwise known as free trade removes the barriers that limit the country’s surplus. This has a great benefit on both the producers and the consumers. It has been seen to be the catalyst of the growth of many economies. Formulated by David, Ricardo, the law of comparative advantage was a pivotal development of the theory of absolute advantage previously developed by Adam Smith. As opposed to the theory of the absolute advantage, Ricardo believes that comparative advantage is enough to make trade possible and desirable. Today international trade is done without much hindrance. There is the removal of tariffs and import quota which we identify as protectionism. The removal of tariffs and quota can practically increase the consumer surplus as they allow domestic consumers to enjoy foreign products at lower costs. The reduction in the producer surplus brought by the entrance of foreign producers through importation can be outweighed by the gains of the domestic consumers, thus increasing the total surplus. Aside from the enjoying lower prices, consumers also benefits from the variety of products available to them through trade. Importation also provides greater choices for the consumers. Some of the practical benefits from international trade are the following: â€Å"enhances the domestic competitiveness, takes advantage of international trade technology , increase sales and profits, extend sales potential of the existing products, maintain cost competitiveness in your domestic market, enhance potenti al for expansion of your business, gains a global market share, reduce dependence on existing markets and stabilize seasonal market fluctuations†