ipl-logo

Dow Jones Research Paper

547 Words3 Pages

Lately, the economy has been doing well. The Dow Jones Industrial Average (DJIA) and the overall Gross Domestic Product (GDP) have been increasing and the unemployment rate has been decreasing. These indicators show that the economy is growing. However, natural disturbances are not helping the economy. Hurricanes, tropical storms, and wildfires have hit the United States and wiped out homes and businesses. Even though these natural disturbances are destroying major businesses, the economy is still growing. The Dow Jones is one of the most popular ways to see how the stock market is doing. The DJIA contains 30 stocks that are known as the “blue chip stocks”. Examples of these are Apple and Microsoft. By looking at the DJIA, one can see that it has increased substantially in the last two months. At the beginning of September from the end of October, the DJIA rose from $21,987.56 to $23,377.24. In the one-year change, the DJIA has increased by 31%. It continues to increase as shown in the one-year chart. …show more content…

The ideal unemployment rate is 4%, so the current rate is very close at 4.2%. This rate is very low compared to previous years. In 2010, the unemployment rate was an average of 9.6%. The economy is doing very well compared to how it was in 2010. The ideal unemployment rate is 4% because it should not be too high or too low. When the unemployment rate is high and people are unemployed, they are not buying large amounts of products. This causes stores to have a decrease in the amount of costumers and profit. If the unemployment rate is too low, most people would have jobs, and the economy could go into another recession. Since the unemployment rate is 4.2%, the United States is doing well and will hopefully continue to be close to this

Show More
Related

How Did Hoover Solve The Great Depression

848 Words | 4 Pages

According to Alan Brinkley, “...and in some cities as much as seventy-five percent”(The New Deal, Then and Now). This quote helps show how high the unemployment rate was in some cities and how big of a problem unemployment was. One example of how much the New Deal helped lower the unemployment is from the book, A People's History of the United States. “The New Deal had succeeded in reducing unemployment from 13 million to 9 million”(Zinn 402). This quote shows that the New Deal affected the unemployment rate and lowered it by 4 million.

Read More

Describe The Economic Factors Prevalent In The 1920s

1567 Words | 7 Pages

This drove prices down, which decreased employment. Increased unemployment decreased consumption, creating a cycle that continued to weaken the structure of the U.S. economy. This cycle had massive effects on the economy, as reduced consumption diminished the monetary supply, leading to a decline in production levels and in GDP. Income inequality also related to issues with U.S. credit

Read More

How Successful Was The New Deal Dbq

1093 Words | 5 Pages

Some examples are in the year 1934 the rate percentage was 16.0.(Gene Smiley “ Recent Unemployment Rate Estimates for the 1920s and 1930s”) And that is pretty high. True the New Deal helped drop it a little but it just was not enough. And yes I am sure others will still argue and say that at least it dropped.

Read More

George Washington's Debt Crisis

809 Words | 4 Pages

Like an investment, the government puts money into society, hoping to get a more substantial amount of money back. But with unemployment low the government is investing money into society and the investments are not paying off. The unemployed (7.8 million people) can’t or won’t pay and middle class doesn’t make an effective salary. If a significant amount of people are not working that means the government is missing out on vital income tax. And the middle class alone can’t fight off the $19.3 trillion dollars of debt.

Read More

Why Did The Great Depression Changed America

865 Words | 4 Pages

This in turn led to a decrease in employment. Unemployment reached an all-time high of 25%. Instead of merely watching President Hoover proposed the Hawley-Smoot Tariff, which was actually not beneficial whatsoever. This raised tariffs, when he should have lowered them. The Great Depression ruffled the

Read More

Federal Reserve Outlook Paper

722 Words | 3 Pages

However, based on the data presented the country is finally receiving the recovery it has needed all so badly. The Federal Reserve seems to have been doing a good job in maintaining the growth of the economy. As stated in the textbook, Principles of Economics “The Federal Reserve will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability” (Rittenberg and Tregarthen, 2014, Ch. 26.1). As you can see the Fed is partially responsible for helping maintain the economy. CNN had a great take on the subject at hand.

Read More

New Deal Dbq

1010 Words | 5 Pages

Two years later it was still at 14.2 percent which is still very high (Unemployment Statistics). In the past month of January 2017, the average unemployment rate was 4.8 percent which is very low compared to the whopping 14.2 percent after the Second New Deal passed (NCSL Report). Before the 1929 Stock Market Crash the unemployment rate was 3.2% which is even better than the unemployment rate now (Unemployment Statistics). So that means that The New Deal was unsuccessful at bringing down the unemployment percentage back to normal. The unemployment rate being so high meant that there was much poverty.

Read More

The Great Depression Essay

1141 Words | 5 Pages

With unemployment that high, there was very little chance people would find another job. Many people kept their jobs by settling for lower wages, feeling that any money was better than none. Local governments had trouble paying their bills because so many people couldn’t pay their property taxes, this often meant schools were under-funded, under-staffed, or shut down completely (Social and Cultural Effects of the Depression 1). Unemployment got so bad that “Mexican Americans in California were offered free one-way trips back to Mexico to decrease job competition in the state” (Sinking Deeper and Deeper

Read More

The Effect Of The New Deal On Native Americans

1007 Words | 5 Pages

The unemployment rate skyrocketed up from 3% to 22% in 3 years, according to a journal of economics. This was caused by the Great Depression and the business having to lay off workers in order to not go bankrupt. This made the unemployment percentage skyrocket in a short amount of time. The New Deal had to do something to keep an income flowing into homes of families and citizens across the country. The New Deal steps up and helps bring jobs to people in need of one.

Read More

The Known World Edward P Jones Analysis

450 Words | 2 Pages

In the excerpt from the novel “The Known World” by Edward P. Jones, a character ,Moses, is introduced as a nature lover and a person who pays much attention to detail, and a hard worker which is shown through the author’s impeccable use of literary elements giving the reader an enlightened view of the main character. The first and most obvious literary device Jones uses is the amount of detail used in the piece. For example the sun, Moses pays very close attention to the sun by using it to tell the time and noticing the detail when he calls it a “five-inch-long memory”. (Line 11)

Read More

Great Recession Research Paper

711 Words | 3 Pages

The Great Recession started for the United States in December of 2007 and lasted until June of 2009. This was the worst recession in U.S. History since World War II. During this time, there was a 6.1 % loss in jobs, due the job shortages about 27 million people we either unemployed or underemployed. This affect the age household many people household income dropped increasing the poverty in America. In economics, a recession is a decline in economic activity affecting Gross Domestic Product or GDP for at least two consecutive quarters causing negative economic growth (Downes and Goodman).

Read More

Comprehensive Immigration Policy Analysis

745 Words | 3 Pages

When the sellers or the stores are in high demand and to make more than usually they need more people to work. By this more jobs are create and filled by many people. This is one way that it can help to lower the unemployment rate. When the unemployment goes down it helps the country to save money and pay off the debt they have. By paying off the debt and having less people on unemployment it helps the economy.

Read More

American Dream Still Alive Research Paper

1315 Words | 6 Pages

Six months later in October 2010, the unemployment rate decreased .5% and it was 9.4%. A year later, in October 2011, the unemployment rate decreased by .6% and was 8.8%. Ad the years went on, the unemployment rate has decreased. In May 2014, the unemployment rate was 6.3%. In the past 6 months, in September 2017, the unemployment rate reached an all time low for the decade with 4.2%.

Read More

Comparing The Great Depression And The Great Recession

559 Words | 3 Pages

This unemployment rate affect many people causing them to lose their job and find new work even though it was hard due to the economy being bad and this makes things get worse and a worse till something comes along and changes the outcomes. Also both of the declines in the economy had warning signs that either the government or people who knew the stock market backwards and forwards knew that something bad was about to happen and there was no way to fix it because it had already gone too far in the hole for them to fix it without having a catastrophe of some sort. Although

Read More

Rising Interest Research Paper

721 Words | 3 Pages

As I observed and read about the economic changes currently happening, it raised my concerns about the current economy. Rates have been rising rapidly in a few weeks times, which in the past, have taken months to rise by that amount. Overall, these rising interest rates will be poor for the economy. According to an article in The Washington Post, mortgage rates are currently rising rapidly and sitting at their highest rate in more than a year.

Read More

More about Dow Jones Research Paper

Related Topics

Open Document