Thursday, December 26, 2019

Gender Equality - 1474 Words

Gender Equality Women have faced major discrimination when it comes to work and sometimes in education. Women decades ago had a wide range of opportunities denied to them due to their sex. Women have always been looked upon as the weaker sex and men as stronger and as the rulers. Women years ago were not seen as individuals, they were basically their husband’s slaves. Women were the ones to stay home, make dinner for their cranky and tired husband, look after their children, clean the house and answer to their husband. It was pretty safe to say that women were never the ones that over ruled this society, but â€Å"there have been huge changes†¦Ã¢â‚¬  (182) in gender equality. Gender equality has changed dramatically over the years and the shift†¦show more content†¦Ã¢â‚¬Å"A woman in a position of power such as manager of a large firm was totally unheard of† (Female Power). Men have always been the ones to succeed in life since they were the ones that have always worked and women stayed home. A few decades ago in Saudi Arabia â€Å"women weren’t even allowed to drive† (Global Women’s Progress). There has been a huge impact on gender equality from previous years. â€Å"A generation ago working women performed menial jobs and were routinely subjected to casual sexism† (Female Power). According to some statistics from Female Power today about 51 percent of women make up the majority of professional workers in the United States alone. Gender equality is growing all over the world as every day passes, for example â€Å"in Spain the proportion of young women in the labor force has now reached American levels† (Female Power). Women have succeeded over the years and they are taking over as years pass. Women were not even allowed to go to school or to get education before. â€Å"Women today have equal rights with men to education† (Female Power). According to Female Power it is now illegal to discri minate against either sex by denying them access to certain subjects and courses at school and in higher education because of their sex. â€Å"Women today are attending college in record numbers† (American Women). According to some statistics from American Women in 2010 fifty seven percent of college students were females. Women work soShow MoreRelatedRole Of The National Government And Gender Equality Essay2014 Words   |  9 PagesRole of the National Government †¢ Gender equality should be the prime agenda------ governments do not consider gender equality as a priority, gender equality issues are missing from the budgeting process, and women are not present in the financial, peace, and international negotiations, structures and obligations. Government need to mobilize around gender equality agendas in order to create sufficient political will to support the equal inclusion of women in political decision-making. †¢ Fix someRead MoreEqual Rights and Gender Equality1631 Words   |  6 PagesBetween 1923 and 1972, when the Equal Rights passed you would believe that Gender Equality would end. It was passed in 35 states. General Equality has been going on for years. Everything would make everything so much easier if it was Equal for both a men and a women. Where it’s at home, at work, or even at school. Why does one gender have to be better than another? ‘’Achieving Gender equality in education means that boys and girls will have equal opportunities to realize their full human rights andRead MoreGender Equality And Gender Inequality979 Words   |  4 Pages Throughout the past few decades, the gender inequality discourse have became a dominant feature of international, national and local policy debate on the subject of economic development. This policy concern has emerged as an area of scholarly research which seeks to show that improving gender equity leads to economic growth. Gender Inequality in Australia: According to the data published by Australian Bureau of Statistics in May 2015, the full time average earnings of women is $284.20 or 17.9%Read MoreEgalitarianism Is The Belief Of Equality For All, Irrespective Of Class, Gender Or Race?1010 Words   |  5 PagesEgalitarianism is the belief in equality for all, irrespective of class, gender or race. Hunter- gatherer societies are often described by anthropologists as egalitarian; however perhaps some, more so than others. The social organizations of peoples like the Pygmies of the Central African forests and the San (Bushmen) for example, are labelled â€Å"strikingly egalitarian† in contrast to Northwest Coast Indians who display â€Å"social stratification†. There is also evidence suggesting that descent groupsRead MoreGender Equality in Malaysia1513 Words   |  7 Pagesable to contribute to national development and prosperity. In the earlier years, the issue of gender inequality is one which has been publicly reverberating through society for decades. The different religions and cultures of Malaysia have many positive aspects in womens lives. However, it is also the case that women are discriminated against by their religions and cultures, which perpetuate stereotyped gender roles and protectionist and patriarchal attitudes towards women. First at all, the â€Å"family†Read MoreGender Equality : A Critical Appraisal2124 Words   |  9 PagesGender Equality in Secondary Physical Education: A Critical Appraisal Introduction This essay will critically analyse gender equality in physical education teaching. There is evidence to support that many girls and some boys are subject to gender inequalities in physical education (Dowling, 2004). Most studies confirm girls are less involved and motivated to participate in sporting and physical education activities (Gutierrez Lopez, 2012). There is also international research that shows how physicalRead MorePromoting Gender Equality1965 Words   |  8 PagesGender equality is the removal of deep-seated barriers to equality of opportunity and outcome, such as discriminatory laws, customs, practices and institutional processes. It also entails concern with the development of the freedoms of all individuals, irrespective of gender; to choose outcomes they have reason to value. It is integral to ideas of educational quality, as an education system would lack key dimensions of quality if it was discriminatory or did not develop capabilities in children toRead MoreGend er, Gender And Gender Equality1391 Words   |  6 PagesThis essay will look at Gender discrimination in an Australian prospective with some overseas perspectives overlapping this essay will look at gender deference’s in pay in Australia and discuss the ideas and arguments surrounding gender equality in the work place. Gender equity in work place is still a heavily understudied in Australia and as is more or less worldwide. In Australia a country of so called â€Å"equality† which is still, even in the 21st century is an ambiguous and questionable ideal asRead MoreThe, Gender, And Gender Equality974 Words   |  4 Pagesperson that believes that their gender identity doesn’t correspond with his or her biological sex. Doctors diagnosis this uneasy feeling about one’s gender as Gender Dysphoria. Often time’s he or she might undergo sex reassignment surgery to physically become his or her desired gender. Like every other citizen in the United States , transgenders are entitled to a series of rights. However, a transgender’s inconsistency in the presentation between biological sex and gender expression is usually not toleratedRead MoreGender Equality And Equality In Gender Men And Women728 Words   |  3 PagesGender Men and women can definitely work together and support each other to make the society better.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  In the days when a woman’s entire obligation was to be a good daughter,a good wife and a good mother,men and women were far from equal.Women suffered sexual discrimination until the so-called feminism came into being.Nowadays,feminism has been running for over a century.Result?It ran into the extreme of equality from my perspective. Most of us agree that men and women should enjoy equality

Tuesday, December 17, 2019

Entrepreneurship Development - 10530 Words

Chapter 5 ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENT Entrepreneurship is not an inborn skill; it is a product of environment. It involves a complex of economic and social behavior. To be successful, an entrepreneur has to remain dynamic and responsible to the whole environment. Entrepreneurship can hardly survive under any given circumstances. It can flourish only under right environment. It is a part of total system. The social values, culture, government policies, political system, technology, economic conditions, laws, etc influence the growth of entrepreneurship. In fact, the entrepreneurship can not be kept aloof from the changing social values, ideologies, new emerging aspirations, environmental pressures, religious beliefs,†¦show more content†¦There is more sentimental attachment of family members of joint family as compared to nuclear family. But even in nuclear families, sentimental association or emotional bonds are stronger in India as compared to those in the western countries. The environment of the family also influences the entrepreneurship. If rather the father is a professional or a businessman or the like, the son is more likely to adopt the same occupation because of certain inherent advantages by virtue of his father being in the similar line. Similarly, social status has its own role to play. Every human being aspires for a high social status and once he achieves a reasonable level, his aspirations and desires for it start getting multiplied. People, therefore, become quite responsible in the wake of protecting and developing desire their status. Chester Barnard said that the desire for improvement of status and especially the desire to protect status appear to be the basis of a sense of general responsibilities. People work hard to maintain their status as it also contributes to their entrepreneurial growth. Caste and religion of entrepreneurs are the contributory factor of entrepreneurial development. History reveals that the entrepreneurial traits do not belong to a specific caste rather the entrepreneurs emerge from varied communities. James Berna conducted a study of 52 medium – scale manufacturing entrepreneurs and found thatShow MoreRelatedScope of Entrepreneurship Development2767 Words   |  12 PagesScope of Entrepreneurship development in India Introduction We are a very young nation – just over 55 years since independence – setting out on a path of sustained economic growth, for decades to come. We already have over a billion fellow Indians. Within the next 20 years, we will have 400 million people below the age of 35 years – more than the entire population of the United States! Each person, in this bold new generation, will be in the prime of his or her life, striving for a better tomorrowRead MoreEntrepreneurship And The Economic And Social Development2207 Words   |  9 Pages it has become clear the importance of the entrepreneurial phenomenon in the economic and social development of the regions involved in its creation, and their contribution to mitigate the problems of unemployment, and the improvement of competitiveness within the productive sectors. Consequently, from the political, business and academic fields it has been a growing interest towards entrepreneurship, and especially for everything that contributes to promoting and encouraging the creation of newRead MoreImpact of Entrepreneurship Development Urbanization on Economic Development†2735 Wo rds   |  11 Pagesâ€Å"Impact of Entrepreneurship Development Urbanization on Economic Development† Shilpa loomba Dr. S.K.Sindhi Abstract:- The paper reveals the interlinked effects of entrepreneurship urbanization on economic development. Urbanization is increasing day by day due to increase in Entrepreneurship in developed areas. This is ultimately affecting per capita income, employment level growth of population in urban areas. Up to some extent it is beneficial for the economy as entrepreneurship urbanizationRead MoreEntrepreneurship Assessment Strategies For Economic Development1615 Words   |  7 PagesEntrepreneurship assessment strategies for Economic Development: Developing an implementation case for Kingdom of Saudi 1.Introduction Entrepreneurship is an extremely important aspect of the modern economy. Entrepreneurship entails improving business and the development of areas that are good for a business, people and the overall economy of a country (Galindo, Mà ©ndez-Picazo, 2013). Since the need for entrepreneurship has been widely discussed and proven through research (Isenberg, 2010; KhanRead MoreAn Effective Mentor For Entrepreneurship Development Programs975 Words   |  4 Pages(2016), Who Can Be an Effective Mentor For Entrepreneurship Development Programs? Many initiatives like ‘Start-up India-Stand up India’, ‘Make in India’, ‘National Policy for Skill Development and Entrepreneurship’, ‘Digital India’ are being undertaken by the Government of India to foster the entrepreneurial spirit in the nation. Many educational and other institutes are designing and providing entrepreneurship development programs to cultivate entrepreneurship culture in studen ts and individuals. ButRead MoreSustainability in Entrepreneurship, Innovation, and Economic Development2029 Words   |  9 PagesDiscuss the relationship between entrepreneurship, innovation and economic development. What role does sustainability play in this relationship? Refer to both theory and examples from the business world to support your discussion. In today’s economy, entrepreneurship is an important subject and entrepreneurial abilities have become a pivotal requirement both nationally and globally. However, enterprises that succeed mostly do so as they are capable of change for the better, through innovationRead MoreThe Myths Of Entrepreneurship And Entrepreneurial Development Organizations Essay1655 Words   |  7 PagesTHE MYTHS OF ENTREPRENEURSHIP A fun new shoe store simply opened its second area. The store could keep on doing well with only a couple of areas, or it could build up another model or way to shoeselling that impels it to national noticeable quality. As it were, it can advance into a fruitful little business or it can make the jump to an entrepreneurial development organization. As per another report from the National Commission on Entrepreneurship, entrepreneurial development organizations areRead MoreDevelopment of Entrepreneurship in Ghana: the Way Forward2110 Words   |  9 PagesDEVELOPMENT OF ENTREPRENEURSHIP IN GHANA: THE WAY FORWARD Entrepreneurship is the most powerful economic force known to mankind. The Entrepreneurial Revolution that captured our imagination during the 1990s has now permeated every aspect of business thinking and planning. As exemplified by industry players and era definers like Sam Walton of Wal-Mart, Fred Smith of FedEx, Bill Gates of Microsoft, Mark Zuckerberg of Facebook, Alhaji Asuma Banda of Antrak Group of Companies, Mike Adenuga Jnr of GlobacomRead MoreRole of Entrepreneurship in Economic Development1047 Words   |  5 PagesRole of Entrepreneurship in Economic Development Entrepreneurship: Entrepreneurship is the attempt to create value through recognition of business opportunity, the management of risk taking appropriate to the opportunity and through the communicative and management skills to mobilize human financial and material resources necessary to bring a project to fruition. According to A. H. Cole, Entrepreneurship is activity of an individual, undertaken to initiate, maintain or aggrandize profit byRead MoreThe Relationship Between Entrepreneurship, Innovation and Economic Development2181 Words   |  9 Pagesrelationship between entrepreneurship, innovation and economic development. What role do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your discussion. Date of submission: 26 November 2010 Name: Chen Wanxin School: the University of Nottingham, Ningbo, China Module convenor’s name: Maris Farquharson Module title: Entrepreneurship and Business Module code: P11440 (2010) Length: 1885 words Entrepreneurship, which was a notion

Monday, December 9, 2019

Foundations of Accounting

Question: Discuss about theFoundations of Accounting. Answer: Introduction of AGL Energy Limited and Abilene Oil and Gas Limited AGL Energy Limited AGL Energy Limited is comes into oldest company of Australia. It has been established in 1837 (Energy in action). The company work for the community and environment and it believes in change. Recently in 2015, it established largest solar plant in Australia. AGL is handling the operation of producing electricity in Australia and it is the largest owner of the listed ASX. AGL is the leading company of Australia. The responsibility of declining greenhouse gas emission is taken by the company. Experience of 175 years has been acquired by the company. In the Eastern Australia, company provided the gas, electricity, solar PV and related products and services to the customers (AGL Annual Report, 2015). Abilene Oil and Gas Limited Abilene Oil and Gas Limited is an Australian company which was formerly known as World Oil Resources Limited. The company is engaged in resource investigation and investment in Australia and overseas. Oil and gas are the main focus for the company (Financial Times, 2016). The company assets are situated in Kansas. The strategy of company is focused on building up oil production assets, rising drilling spots and adding exploration estate in the region. The strategy of company is based on a mixture of targeting high return projects and inventive funding during the maintenance of low overhead and company costs (Abilene Oil and Gas Limited, 2015). Financial Statements Analysis AGL Energy Limited and Abilene Oil and Gas Limited Under financial statement analysis or financial analysis, analyze the income statement, balance sheet, cash flow statement and statement of changes in equity (Ready Ratios, 2016). This analysis is used to take better economic decisions. It is a process of reviewing and analyzing the financial statements of a company. Financial Analysis of the Entities Profitability Profitability of an organization can be measured by profitability ratio. Managements performance can be measured by profitability ratio. Net profit ratio, return on assets and return on investments are calculated under profitability ratio. How well the business has done or in other words, performance of business can be measured by profitability ratio (Financial Analysis). The net profit ratio of AGL Ltd is 5.4572% in 2014 and 2.0416% in 2015 which is decreasing and showing that organizations performance is getting down in 2015. In case of Abilene Oil and Gas Limited, company is getting losses which are increases in 2015 with compare to 2014. Net loss ratio of Abilene is 599.4475% in 2014 and 1160.0645%. It shows that losses are increasing with high rate and companys performance is decreasing. Profits are decreasing of AGL Ltd in 2015 so return on assets ratio and return on investments/equity ratio is reducing in 2015. Same in case of Abilene Oil and Gas Limited, losses are increasing in 2015 so return on assets ratio and return on investments/equity ratio is negative and reducing in 2015. Financial Analysis of the Entities Liquidity Capacity of meeting financial obligations by using financial resources can be measured by liquidity analysis. Entities liquidity can be measured by current ratio, quick ratio or liquid ratio and absolute liquidity ratio (The Analysis of Entitys Liquidity). Current ratio can be identified by dividing current assets with current liabilities (Stickney, Weil, Schipper and Francis, 2009). The ideal current ratio is 2:1 which tells that current assets must be double of current liabilities. Current ratio of AGL Limited decreasing from 1.6328 to 1.4576 while increasing of Abilene limited from 0.4710 to 0.8609. Liquid ratio or quick ratio or acid test ratio is calculated by dividing liquid assets with current liabilities. Liquid assets exclude stock or inventory and prepaid expenses from current assets. The standard liquid ratio is 1:1 which tells that liquid assets must be equal to current liabilities. Liquid ratio of AGL Energy Limited decreasing from 1.5414 to 1.2908 while increasing of Abilene limited from 0.4572 to 0.7675. Absolute liquid ratio is identified by dividing absolute liquid assets with current liabilities. Absolute liquid assets refer to the combination of cash in hand, cash at bank and marketable securities. It is decreasing in case of AGL Energy Limited from 0.2183 to 0.1091 while increasing in case of Abilene Oil and Gas Limited from 0.4484 to 0.5594. Financial Analysis of the Entities Efficiency Efficiency can be termed as turnover ratio. Relation between net sales or revenue and other items (like inventory, average receivables, working capital, fixed assets and capital employed) is known as turnover / efficiency / performance / activity ratio. These ratios can help in improving efficiency or performance of business. Stock turnover ratio tells whether investment in stock is efficiently utilized or not (Ojugo, 2009). It also indicates, how many times the inventory turnover in business during a financial year. In 2014, it is 54.6859 times which decreases in 2015 to 26.9646 times of AGL Energy Limited. It reflects that investment in stock is not utilized effectively. No information found related to stock/inventory in annual report of Abilene Oil and Gas Limited so stock turnover ratio cannot be determined. Receivable turnover ratio tells that in a financial year, how many times a business can collect its average account receivables. In case of AGL Energy Limited, it is increasing from 5.4916 to 5.6378 times and in case of Abilene Limited, it is decreasing from 53.0003 to 18.8193 times. Working capital turnover ratio tells about the effective utilization of working capital. If working capital ratio is higher, it is good and shows proper utility of working capital. In 2014, it is 7.9009 times which increasing in 2015 to 9.8324 times, it is good. In case of Abilene Limited it is negative due to negative working capital. Financial Analysis of the Entities Capital Structure and Market Performance Capital Structure Ratio: Capital structure ratios can be calculated on the basis of capital structure of the company (Xplaind, 2015). Debt to equity ratio is used to identify that company has how much debt with compare to equity available. It reflects relation between total debts and equity of an organization. In case of AGL Energy Limited debt to equity ratio decreasing from 86.2678% to 79.6143% and reducing from 16.7849% to 6.3866% of Abilene limited. Equity ratio is used to identify relation between total equity and total assets of company. In case of AGL Energy Limited equity ratio is increasing from 53.6861% to 55.6749% and also increasing from 85.6275% to 93.9968% of Abilene limited. Market Performance: Market performance of any organization can be evaluated easily by calculating earnings per share and dividend per share. When net earnings for equity shareholders are divided by number of equity shares, earnings per share can be achieved. In case of AGL Energy Limited earning per share decreases from 98.2291 to 33.3473 while increases of Abilene limited. In case of Abilene limited earning per share is negative and changes from -5.7059 to -4.8856. Dividend per share can be calculated by dividing dividend declared by company with number of equity shares. In case of AGL Energy Limited, dividend per share increases from 63 to 64 and no information found in case of Abilene limited for dividend per share in the annual report of company. Note: All the information related to financial statements of both the companies is taken from annual report. Amount of AGL Energy Limited reflected in $m and of Abilene Oil and Gas Limited reflected in $. Conclusion The profitability ratio shows that performance of both the companies is not good. But it can be said that AGL Energy Limited performing better than Abilene Oil and Gas Limited. Liquidity analysis shows that capacity of meeting obligations of Abilene Oil and Gas Limited is better than AGL Energy Limited because in 2015 all liquidity ratios are increasing of Abilene Limited while decreasing of AGL Energy Limited. Although both companies are not meeting standard of current ratio and Abilene ratios are lower than AGL ratios. But ratios of AGL Energy Limited are decreasing and increasing of Abilene Limited which shows that Abilene Limited is enhancing its capacity of meeting obligations. In case of AGL Energy Limited, decreasing ratios shows that capacity of meeting obligations is decreasing. The ideal current ratio must be 2:1. Both the companies are not meeting standard current ratio. In case of AGL Energy limited current ratio is decreasing and it is nearly to the ideal current ratio. But in case of Abilene limited current ratio is least which shows that company has fewer current assets while its current ratio is increasing with compare to previous year. The standard liquid ratio must be 1:1. AGL limited meets the aspect of standard liquid ratio but Abilene limited is unable to meet the ideal ratio. In case of AGL limited, it is decreasing but in case of Abilene limited it is increasing. Absolute liquidity ratio is also same as it increasing in case of Abilene limited but decreasing in AGL limited. All the three liquidity ratios shows that Abilene limited has better capacity with compare to AGL Energy limited. Stock turnover ratio of AGL Energy limited is decreasing which tells that investment in stock is not utilizing properly. Receivable turnover ratio is increasing minor in case of AGL limited while decreasing high in case of Abilene limited. It shows that AGL is able to pay more time to its trade receivables while Abilene is not. Working capital turnover ratio of AGL limited is increasing and it is negative of Abilene limited. Debt to equity ratio of AGL limited and Abilene limited is decreasing and equity ratio of both the companies is increasing. It shows that both companies has almost same trend of capital structure. Earnings per share of AGL limited is decreasing and negative of Abilene limited. And dividend per share is increasing of AGL limited. On the basis of earnings per share, it can be said that AGL is not performing well and Abilene has poor financial condition. Recommendation AGL Energy Limited has to focus on increasing its profits by reducing its cost and expenses. Because reduced profits shows that companys financial position is not sound. Current liabilities of company are increasing which is not good. It impacts on liquidity ratio so company should reduce its current liabilities. As well as company should focus on its total liabilities to enhance companys financial performance. Abilene Oil and Gas limited has to improve its performance by reducing its expenses and also has to focus on reducing its losses. Total assets and owners equity are decreasing so company should have to focus on them. Both current assets and current liabilities are decreasing. It is better to decrease current liabilities but current assets must not be reduced. Current liabilities of company are more than its current assets which is not good to meet out obligations. So it should be decreasing its current liabilities or increasing current assets. References Financial Times, (2016). Abilene Oil and Gas Ltd: About the company. Retrieved on 13 September 2016 from: https://markets.ft.com/data/equities/tearsheet/profile?s=WOIIF:PNK Ready Ratios, (2016). Financial Statement Analysis. Retrieved on 14 September 2016 from: https://www.readyratios.com/reference/analysis/financial_statement_analysis.html Annual Report, (2015). Abilene Oil and Gas Limited. Retrieved on 13 September 2016 from: file:///C:/Users/Guest/Downloads/735929_ABL.pdf Stickney, C. P., Weil, R. L., Schipper, K. and Francis, J., (2009). Financial Accounting: An Introduction to Concepts, Methods and Uses. (Edition 13): Cengage Learning Ojugo, C., (2009). Practical Food and Beverage Cost Control. (Edition 2): Cengage Learning The Analysis of Entitys Liquidity. Retrieved on 14 September 2016 from: https://steconomiceuoradea.ro/anale/volume/2007/v2-finances-accounting-and-banks/13.pdf Xplaind, (2015). Capital Structure. Retrieved on 14 September 2016 from: https://xplaind.com/160137/capital-structure ASX Release, (2015). AGL Annual Report 2015. Retrieved on 13 September 2016 from: https://www.asx.com.au/asxpdf/20150826/pdf/430t27pwhhbmr3.pdf AGL energy in action. our company. Retrieved on 13 September 2016 from: https://www.agl.com.au/about-agl/who-we-are/our-company Chapter 18. Financial Analysis. Retrieved on 14 September 2016 from: file:///C:/Users/Guest/Downloads/Financial%20Interpretations%20with%20Models%20%20Formats%20(unit%202).pdf Abilene Oil and Gas Limited, (2015). Retrieved on 13 September 2016 from: https://www.abilene.com.au/

Monday, December 2, 2019

Social Darwinism Essays - Herbert Spencer, Darwinism, Social Theory

Social Darwinism Social Darwinism Social Darwinism was a late nineteenth-century social theory that was based on the theories of evolution of scientist Charles Darwin. The ideas and behind Social Darwinism came directly from his theories of evolution and, ?survival of the fittest.? The theory was used to explain how the economic growth of America was coming along. This theory also said that economies grew and operated like ecosystems and weeded out the weak and allowed the strong to flourish. The ideas of Social Darwinism were used to explain how the United States economy was so competitive and to justify the elimination of so many less ambitious industries. This was also a way to be able to increase the economy's personalization to the consumer and to be able to offer competitive prices and cheaper and better products. The idea of Social Darwinism changed how the people thought of the economy by making it a battlefield instead of a playground. The way that social Darwinism has changed the views and realities of the economy has allowed it to be able to advance and provide a good, competitive place for people to make money and offer their goods and services. Also, the ideas of Social Darwinism still are around today, especially in the dot-com world. The idea of ?only the strongest survive,? is still a relevant analysis of how today's economy works. The way that the larger, better-funded companies are eliminating the smaller more personalized businesses is the basis behind the Social Darwin theory. In conclusion, the ideas of Social Darwinism were an analysis of how the economy of America works. It summarized how people needed to be stronger, faster and smarter than the competition. Also, it justified the elimination of many weaker industries to make room for the corporate companies to run the economy. Social Darwinism affected the growth of the economy by making everything more competitive and allowing people to want to eliminate their competition, not accommodate them. Bibliography none