Complete a research project that demonstrates your understanding of the micro economic functioning of the U. S. economy. Present your research in a report formatted in APA style, and a minimum of 3 references sited
The elements of your presentation are as follows:
- Research and read reliable economic journals or papers over the two events and the impact of institutions, public policies, and regulations during these timeframes. (One event can be the 2007-2008 U.S. Recession and the other can be your choice) or (you can use two different president terms.)
o Comparison of Events: What was the extent of economic decline in each of the two events? Discuss in terms of GDP, unemployment, and other major economic variables. (Graphs are good)
o Government Reactions: Compare changes in the government reactions to the initial shocks to the economy and the initial adjustments to the regulation of business and financial institutions.
o Effects on Business Decision Making: Compare the effects of the shocks on the economy to business decision making in the public sphere during the relevant time periods. (Graphs are good) What did the economy look like?
- Analyze the influences of changing economic conditions on economic thinking historically and today.
o Discuss some of the Strategic behaviors of companies during these time periods?
o What were some of the limitations or successes during these time periods?
- Discuss the role of economic thinking in the nature of businesses?
It is likely that we will see a growing interest in the Oxford Movement in the wake of proposals by Roman Catholics to declare one of its founders a saint. The early part of the 19th century was a period of great social change in Europe and the role of the Church was being weakened and threatened. However, some reform was necessary and parliament took the lead. In 1833 a Bill was passed to abolish two archbishoprics and eight bishoprics in Ireland. Whilst the decision was reasonable not least because of the problems in Ireland it was for some the straw which broke the camels back. There were those who believed this was unwarranted interference by the state in the affairs of the Church and demonstrated the weakness of the Church. John Keble responded with a sermon in the University Church in Oxford entitled ‘national apostacy’ and he found support from three other Oxford men in particular – John Henry Newman, Hurrell Froude and William Palmer. In September 1833 these men began to publish Tracts which were referred to as The Oxford Tracts giving rise to the later name “The Oxford Movement”. It is said that the chief concern of the Oxford men was the dignity of the Church and they argued in the Tracts that it was sacrilege for non-Church bodies to lay hands on the Church. They also had a strong aversion to the emerging liberalism and a desire for personal holiness. In these things they would have found sympathisers amongst Evangelicals but this was not all that surfaced in the Tracts. At the time ‘High Church’ referred to those who had a high regard for the Church and its ways including establishment and its Protestantism. Thus High Churchmen were split in their response to the new movement. Some warmed to what was said about the nature and dignity of the Church whilst others saw that it would lead to disestablishment and indeed to some Roman practices at least. The impact of the movement was such that the old distinction of ‘high church’ was largely lost and the term came to be associated with the Tractarians. The authorities in Oxford also distanced themselves from the Tracts and from any association of the name with the university. Historians will sometimes say that Evangelicals were slow to respond or even ill equipped to do so, but this is clearly not the case. The robustly evangelical newspaper The Record (later to become The Church of England Newspaper) commented on a letter sent by the Oxford men to the Archbishop of Canterbury and then later on the early Tracts in its December issues of 1833. We must confess the surprise was extreme and the sorrow poignant with which we read the tracts of the Apostolical Society at Oxford, extracts from which appeared in our las>GET ANSWER