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Price Gouging
Price gouging is the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock. The term can also be used to refer to profits obtained by practices inconsistent with a competitive free market, or to windfall profits. In some jurisdictions of the United States during civil emergencies, price gouging is a specific crime. Price gouging is considered by some to be exploitative and unethical and by others as a pejorative term for the simple result of supply and demand. Price gouging is similar to profiteering but can be distinguished by being short-term and localized and by being restricted to essentials such as food, clothing, shelter, medicine, and equipment needed to preserve life and property. In jurisdictions where there is no such crime, the term may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartoon Warning World's Fair Attendees Of Price-gouging
A cartoon is a type of visual art that is typically drawn, frequently Animation, animated, in an realism (arts), unrealistic or semi-realistic style. The specific meaning has evolved, but the modern usage usually refers to either: an image or series of images intended for satire, caricature, or humor; or a motion picture that relies on a sequence of illustrations for its animation. Someone who creates cartoons in the first sense is called a ''cartoonist'', and in the second sense they are usually called an ''animator''. The concept originated in the Middle Ages, and first described a preparatory drawing for a piece of art, such as a painting, fresco, tapestry, or stained glass window. In the 19th century, beginning in ''Punch (magazine), Punch'' magazine in 1843, cartoon came to refer – ironically at first – to humorous artworks in magazines and newspapers. Then it also was used for political cartoons and comic strips. When the medium developed, in the early 20th century, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demand Curve
A demand curve is a graph depicting the inverse demand function, a relationship between the price of a certain commodity (the ''y''-axis) and the quantity of that commodity that is demanded at that price (the ''x''-axis). Demand curves can be used either for the price-quantity relationship for an individual consumer (an individual demand curve), or for all consumers in a particular market (a market demand curve). It is generally assumed that demand curves slope down, as shown in the adjacent image. This is because of the law of demand: for most goods, the quantity demanded falls if the price rises. Certain unusual situations do not follow this law. These include Veblen goods, Giffen goods, and speculative bubbles where buyers are attracted to a commodity if its price rises. Demand curves are used to estimate behaviour in competitive markets and are often combined with supply curves to find the equilibrium price (the price at which sellers together are willing to sell the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consent Decree
A consent decree is an agreement or settlement that resolves a dispute between two parties without admission of guilt (in a criminal case) or liability (in a civil case). Most often it is such a type of settlement in the United States. The plaintiff and the defendant ask the court to enter into their agreement, and the court maintains supervision over the implementation of the decree in monetary exchanges or restructured interactions between parties. It is similar to and sometimes referred to as an antitrust decree, stipulated judgment, or consent judgment. Consent decrees are frequently used by federal courts to ensure that businesses and industries adhere to regulatory laws in areas such as antitrust law, employment discrimination, and environmental regulation. Legal process The process of introducing a consent decree begins with negotiation. One of three things happens: a lawsuit is filed and the parties concerned reach an agreement prior to adjudication of the cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KREM (TV)
KREM (channel 2) is a television station in Spokane, Washington, United States, affiliated with CBS. It is owned by Tegna Inc. alongside CW affiliate KSKN (channel 22). The two stations share studios on South Regal Street in the Southgate neighborhood of Spokane; KREM's transmitter is on Krell Hill to the southeast, covering eastern Washington state and northern Idaho. KREM-TV began broadcasting on October 31, 1954, as Spokane's third station. It was owned with KREM (970 AM) by Louis Wasmer, who had identified KREM's facilities as ideal for television expansion and bought the radio station at the same time he applied for the permit. KREM-TV became an ABC affiliate within two months of signing on and was purchased by King Broadcasting in 1963. In 1976, CBS induced an affiliation switch to abandon its previous Spokane affiliate, KXLY-TV (channel 4), and moved its programs to channel 2. Under the successive ownerships of the Providence Journal Company, Belo Corporation, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Protection
Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer protection measures are often established by law. Such laws are intended to prevent businesses from engaging in fraud or specified unfair practices to gain an advantage over competitors or to mislead consumers. They may also provide additional protection for the general public which may be impacted by a product (or its production) even when they are not the direct purchaser or consumer of that product. For example, government regulations may require businesses to disclose detailed information about their products—particularly in areas where public health or safety is an issue, such as with food or automobiles. Consumer protection is linked to the idea of consumer rights and to the formation of consumer organizations, which help consumers make better choices in the marketplace and pursue complaints against businesses. Entities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington (state)
Washington, officially the State of Washington, is a U.S. state, state in the Pacific Northwest region of the United States. It is often referred to as Washington State to distinguish it from Washington, D.C., the national capital, both named after George Washington (the first President of the United States, U.S. president). Washington borders the Pacific Ocean to the west, Oregon to the south, Idaho to the east, and shares Canada–United States border, an international border with the Provinces and territories of Canada, Canadian province of British Columbia to the north. Olympia, Washington, Olympia is the List of capitals in the United States, state capital, and the most populous city is Seattle. Washington is the List of U.S. states and territories by area, 18th-largest state, with an area of , and the List of U.S. states and territories by population, 13th-most populous state, with a population of just less than 8 million. The majority of Washington's residents live ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Ceiling
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive. Such conditions can occur during periods of high inflation, in the event of an investment bubble, or in the event of monopoly ownership of a product, all of which can cause problems if imposed for a long period without controlled rationing, leading to shortages. Further problems can occur if a government sets unrealistic price ceilings, causing business failures, stock crashes, or even economic crises. On the other hand, price ceilings give a government to the power to prevent corporations from price gouging or otherwise setting prices that create negative outcomes for the government's society. While price ceilings are often imposed by governments, there are also price ceilings that are implemented by non-governmental ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basic Needs
The basic needs approach is one of the major approaches to the measurement of absolute poverty in developing countries globally. It works to define the absolute minimum resources necessary for long-term physical well-being, usually in terms of Consumption (economics), consumption goods. The poverty line is then defined as the amount of income required to satisfy the needs of the people. The "basic needs" approach was introduced by the International Labour Organization's World Employment Conference in 1976. "Perhaps the high point of the WEP was the World Employment Conference of 1976, which proposed the satisfaction of basic human needs as the overriding objective of national and international development policy. The basic needs approach to development was endorsed by governments and workers' and employers' organizations from all over the world. It influenced the programmes and policies of major multilateral and bilateral development agencies, and was the precursor to the human de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disaster
A disaster is an event that causes serious harm to people, buildings, economies, or the environment, and the affected community cannot handle it alone. '' Natural disasters'' like avalanches, floods, earthquakes, and wildfires are caused by natural hazards. ''Human-made disasters'' like oil spills, terrorist attacks and power outages are caused by people. Nowadays, it is hard to separate natural and human-made disasters because human actions can make natural disasters worse. Climate change also affects how often disasters due to extreme weather hazards happen. Disasters usually hit people in developing countries harder than people in wealthy countries. Over 95% of deaths from disasters happen in low-income countries, and those countries lose a lot more money compared to richer countries. For example, the damage from natural disasters is 20 times greater in developing countries than in industrialized countries. This is because low-income countries often do not have well-bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Of Emergency
A state of emergency is a situation in which a government is empowered to put through policies that it would normally not be permitted to do, for the safety and protection of its citizens. A government can declare such a state before, during, or after a natural disaster, civil unrest, armed conflict, medical pandemic or epidemic or other biosecurity risk. Relationship with international law Under international law, rights and freedoms may be suspended during a state of emergency, depending on the severity of the emergency and a government's policies. Use and viewpoints Democracies use states of emergency to manage a range of situations from extreme weather events to public order situations. dictatorship, Dictatorial regimes often declare a state of emergency that is prolonged indefinitely for the life of the regime, or for extended periods of time so that derogations can be used to override human rights of their citizens usually protected by the International Covenant on Civi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Ethics Quarterly
''Business Ethics Quarterly'' is a peer-reviewed academic journal that publishes theoretical and empirical research relevant to all aspects of business ethics. It publishes articles and reviews on a broad range of topics, including the internal ethics of business organizations, the role of business organizations in larger social, political, and cultural frameworks, and the ethical quality of market-based societies and market-based relationships. ''Business Ethics Quarterly'' is the official journal of the Society for Business Ethics and is published on a non-profit basis by the Cambridge University Press. The editor-in-chief are Frank den Hond, ( Hanken School of Economics) and Mollie Painter, (Nottingham Trent University). In November 2024, Business Ethics Quarterly was downgraded on Academic Journal Guide (AJG) from the Chartered Association of Business Schools (CABS) list, going from a ABS 4 to a ABS 3. Abstracting and indexing The journal is abstracted and indexed by: * A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law360
Law360 is a subscription-based, legal news service based in New York City. It is operated by Portfolio Media, Inc., a subsidiary of LexisNexisSabroski, Suzxanne (May 1, 2012) LexisNexis goes 360, ''Onliline'' and delivers breaking news and analysis to more than 2 million U.S. legal professionals across 60 practice areas, industries and topics, including a free section dedicated to Access to Justice, which reports on "access of individuals and disadvantaged populations to adequate, equitable, and essential criminal and civil justice systems as well as the noteworthy initiatives and individuals who promote such a cause." Since 2003, Law360 has expanded its layout and organization, adding special sections on various topics supplementing the daily news, editorial analysis, business of law, and features. Since 2022, Law360 has been organized into the following sections: Law360 U.S., Law360 U.K., Law360 Pulse, Law360 Tax Authority, Law360 Employment Authority, Law360 Insurance Authority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
