Supply and Demand of Beef in USA Essay - 1100 Words

Supply and Demand of Beef in USA (Essay Sample) Content: Supply and Demand of Beef in USANameInstitutional AffiliationDemand and Supply of Beef in the United StatesThe department of agriculture of the USA expects the demand for beef to decrease to 3.6Âpercent, next year as domestic production declines and imports are limited by tight world supply. (Chavas, 2015)It further ascertain that the downward stretch of beef will be experienced for another year to come.DEMANDDemand refers to the quantity or amount of a particular commodity or services that an individual consumer or a number of consumers are willing to purchase at a specific price. Usually, the demand curves slopes downwards because consumers often purchase more as price decreasesFactors affecting demand of beef include:Consumer preferenceConsumer preference affects the demand for beef in the United States. Demand for beef is expected to decline if the consumers prefer alternative/substitute proteins to beef for example poultry and pork thus beefà ¢Ã¢â€š ¬s deman d will tend to decline, For example, when preference for high protein diets is high, beef demand increase in the market.For example, recent increase in preference for chicken as is expected in the USA will result into decreased demand for beefPrice of beefThe price of beef also affects the demand for beef. Increase in prices of beef as a result of increase in production costs of beef and high prices of cattle feeds leads to increase in prices of beef hence a higher increase in price results into decrease in demand for beef. Conversely, if prices of beef decrease then the demand of beef will be expected to increase. However in some cases demand of beef may not be affected by price.In the USA, it is expected that in the year 2015 the prices of beef will increase as a result of recent rising cost of animal feeds and energy costs hence increase in price reduces the demandConsumers IncomeConsumers Income in the economy of the United States of America also influences the demand for beef. When the economy of the country is strong, it thus implies high consumer income hence increase in disposable income as the economy increases thus the purchasing power of the consumer also increase hence this increases the demand of beef as the consumers will demand more of beef. When the economy is weak this results in a decline in consumer income thus reduces the purchasing power and disposable of the consumers thus this reduces the demand for beef.For example, it is expected that the economy of the country will rise this increases purchasing power of the consumers and also the disposable income hence this will increase the demand for beefThe prices of other alternatives/substituteThe prices of other alternatives/substitute proteins like chicken, pork also affect the demand for beef in the economy. The increase in prices of substitute proteins results into increase of demand of beef as the consumer tend to demand more of beef than the more expensive alternatives. The increase in prices of beef results in higher demand for alternatives thus this reduces the demand for beef.For example, it is expected that prices of beef will increase in 2015 due to rising prices in feeds thus this implies consumers will tend to switch to chicken as alternative thus this reduces demand for beef in the countrySUPPLY.Supply refers to the amount or quantity of a product or service that producers are willing to sell at a particular price considering all other factors constant.USA beef supply has been in reducing over the months and years.Some of the influences that affect the supply of beef in the market are as follows:Price of beefThe price of beef influences the supply of beef in that if the price of beef increases then this implies that producers will supply more of beef because it results in extra or higher revenue. Conversely, the decline in the price of beef results in decreased supply of beef as price decline reduces the profit margins of the suppliers. (Mash, 2015)In the previous months, its expected price of beef will increase as a result of rising cost of inputs hence this may reduce demand for beef hence limiting the supply of beefGovernment Polic...

Essay about The Cold War and Reagan - 1378 Words

The Cold War and Reagan Topics What was the cold war? What were the causes? The Cold War at Home. -The U.S. involvement. What major roles did President Reagan serve in the cold war? A cold war is defined as a conflict between nations for national advantage conducted by political, economic, and psychological means instead of direct military action. The Cold War defined by the same source was determined to be the contest for power between the communist nations headed by the Soviet Union and the nations of the West headed by the United States that began after World War II(Barnhart Thorndike, 198). Causes of the Cold War included the struggle between conflicting values, those of Democracy in the West and†¦show more content†¦Europe had been annihilated and it was up to those outside of Europe to re-establish life for those who lost everything. Western Europe went mainly to the United States for control; Eastern Europe to the Soviet Union. The United States put the Marshall Plan into action, it was a plan adopted by the United States for giving financial aid to European nations†¦(Barnhart Thorndike, 631). By 1960 Europe had fully recovered and life was better than before the war, the people of Western Europe received a lot out of the Marshall Plan. Eastern Europe had been allotted to USSR to take care of, Eastern Europe suffered due to the economic strategy of Josef Stalin. While all the progress was taking place in the west Stalin transported factories to the Soviet Union from the eastern countries to make Russia wealthy while the small eastern countries suffered great losses. Stalin then used the countries as buffer states to protect his country against war, war most probably caused by the United States. In 1949 NATO, the North Atlantic Treaty Organization, formed an alliance with the countries in Western Europe and the United States in hopes to separate themselves from the countries of the east. The Eastern countries formed the Warsaw Pact; this was an inferior treaty considering the countries did not have the right to choose whether or not theyShow MoreRelatedReagan And The Cold War1571 Words   |  7 PagesRonald Reagan served from January 20, 1981 – January 20, 1989 as President of the United States he is remembered as one of the best Presidents that the United States has ever had, He is vastly recognized because he served as president at the end of the Cold War, he was known as the president that â€Å"ended it†(the cold war). Though, the question remains in how? How was Reagan able to accomplish the ending of something that had lasted so long (the Cold war)? Thus was a task only accomplished by him because;Read MoreThe Reagan Doctrine Of The Cold War1716 Words   |  7 Pages(Ronald Reagan, 1981) The Reagan Doctrine was pivotal and made up one of the principal diplomatic policies of the United States executive branches administered during the presidency of Ronald Reagan. 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Vygotsky s Theory Of Human Development - 1386 Words

Lev Vygotsky was an educator and a theorist known primarily for his sociocultural theory. Vygotsky developed the sociocultural theory, which is the theory of human development through social and cultural influences (Aimin, 2013), during the 1920’s-30’s. One of Vygotsky’s focuses was the concept of the zone of proximal development (ZPD), which is the idea of a child being appropriately challenged, this will be discussed further on. His theory stemmed from how children’s learning is impacted greatly through guidance of peers, cultural relations (language), social interactions, teachers and any other adult figure in their environment. In the last 10-15 years, teachers, caregivers, and educators have been attending more to Vygotsky’s theory and his concept of the zone of proximal development, because his work impacts how children learn in their optimal environment (Trawick-Smith, 2015). 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Genocide free essay sample

An historical look at the genocides perpetrated in Rwanda and Kosovo and the UNs involvement. This paper examines the historical context of these two ethnic cleansing genocides that occurred in the late twentieth century. It looks at lessons the world should have learned from the Holocaust in World War II and analyzes the United Nations involvement and role in preventing these atrocities. Many people who lived through World War II will never forget the sights of thousands of Jewish bodies thrown into mass graves after the Nazi Holocaust. To most people it was unimaginable- the extent of the death and destruction. Winston Churchill called it a crime that has no name (www.un.org 2001). Winston Churchill was correct in his observation. Despite the numerous occurrences in history, the word genocide as a legal term and an international sanction did not exist until 1951 (www.un.org 2001). It was 1951 that the U. We will write a custom essay sample on Genocide or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page N. made a treaty defining and criminalizing genocide, entitled The Convention of the Prevention and Punishment of the Crime of Genocide. In the last fifty years, the world has witnessed many horrendous massacres of civilian populations, in Cambodia, Bangladesh, and elsewhere, for which the political will was lacking to organize a war crimes tribunal. Now, the international climate supports the creation of the first two war crimes tribunals since the Nazis at Nuremburg, those for Rwanda and Kosovo.