, if such problems are not addressed as soon as possible, the labor force of the country would be affected as well, which simply contributes towards poor economic growth for the country once more (Hanushek & Kimko, 2000). According to Murnane et al. (2000), what is also disturbing is that there is a trend of poor performance levels churned out by students who are African-American or of Latino descent- both of whom make up a relatively large portion of the population in the United States.
Smollin (2010) reveals that across the United States, several school districts are already preparing themselves for the drastic budget cuts implemented by the government. Recent periods have shown that the budget cuts have increased drastically, mimicking the case 50 years ago. The recession has indeed had direct effects on the local property taxes, as well as the levels of state funds. This has lead several school districts to resort to desperate means to save money. Examples include reducing programs that are garnered towards enriching the students’ extracurricular affairs as well as any other programs that cultivate their skills and knowledge outside the realm of the academy. Other measures include reducing class hours and also reducing the academic year. There are also some schools that have decided to close down. For several faculty members, eliminating certain school programs and even closing down schools have proved to be a difficult decision, but the most difficult decision being brought about by insufficient funding would be the option of schools to lay off teachers.
In an article released by the New York Times, Lewin & Dillon (2010) have written that school districts that resort to such a measure are those that have no choice. Most schools receive their source of income via local property taxes and the money from the state, both of which have been severely affected by the global recession. In California alone, school districts have actually issued pink slips to at
Even in the world’s wealthiest countries, one of the primary concerns of its inhabitants include the effectiveness and the quality of education provided to students. Previous research studies on the matter have shown that the performance levels of students who reside in the…
Companies contemplate on various ways in which they would reduce on the output of their money and intern saves on cost. Therefore, the main idea that comes across is outsourcing of some of their work. There is a notion that outsourcing has the ability of saving on cost of employment.
According to the paper, China previously used conservative practices in trade spheres by raising level of tariff rates and granting subsidies to the domestic enterprises. From the 1990s the government started to develop the potential of foreign trade activities. Ascension to the WTO helped the Chinese companies to increase its volume of exports.
Despite these drawbacks, United States continues to have one of the highest growth rates in healthcare spending amongst all developed countries as it spends more per capita as compared to other countries (Kaiser, Web). This raises the important issue of how the nation will manage to meet the cost of rigorous standards of healthcare it has visualized for its citizens in the immediate future.
The development of oil sector in Saudi Arabia and other oil producing countries has undergone numerous political and economic changes, which have affected production and the eventual prices of the commodity in the global market. This paper explores the Saudi Arabian oil and its impact on the global economy.
The stock market crashed on 29 October 1929, causing the worst economic crisis ever in the world. The stock market prices began declining until 1932, by which time they had lost 20% of their initial value in 1929. Besides the effect of the slump down on private investors, many financial institutions began experiencing strains, especially those that held stocks in their finance portfolios (Dent, 2010).
According to the paper, the Indian economy encompasses a number of sectors which range from traditional farming to modern industries. India is one of the major exporters of services and components related to the information and technology sector. The country profited from the advancements made by its citizens in the field of software development.
To locate the root of this problem, we must cast our minds to a time before the Global War on Terror became the signpost for guiding international policy, and even before American economy started shifting from the domination of global production to the domination of
The characteristics of the informal economy are examined to establish the different types of firms that operate within the informal sector. There are also performance differences that are observed in firms within the informal sector1. The policy
This article looks at the impact that Educational and Drug Prevention Programs have had on the intended recipients and how they have been of aid to the affected communities. It explains the meaning and importance of Community Policing and the factors surrounding it and the role of specific deterrence in the rehabilitation process of an individual.
5 pages (1250 words)Research Paper
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you another Research Paper on topic The impact of the current economy on educational funding for FREE!