A Brief Note On Unemployment And Its Effect On The Economy

Unemployment plays a huge factor in the appearance of a good economy. All over the world governments try to decrease the amount of people that are unemployed in its country. Governments always want to try and provide fixes to things such as unemployment by instituting minimum wage laws, job security laws, and setting regulations on working conditions. While most of these things may seem necessary and even beneficial we have learned that laws and regulations such as these set on businesses typically hurt the ones they are trying to help the most. It is another case of focusing on the goals that these policies have and not focusing on how well they work and not how well they work out for the group of people that these policies are put in place to help. We have already learned about how things such as price controls can be bad for the economy and it is no different applying it to the agricultural industry or the labor force. One of the most talked about aspects in the United States to help unemployment and help people make more money is by raising the minimum wage. A minimum wage is a law set in place by the government that tells businesses that they cannot pay below a certain amount. The first minimum wage law in the United States was passed in 1938 by Franklin Roosevelt. There has recently been a lot of talk about raising the minimum wage to a living wage. The problem with minimum wage laws is that when a price is artificially raised it tends to cause more to be suppliedShow MoreRelatedA New Up And Coming Uk Government1674 Words   |  7 Pagesrise in unemployment and the lengthy period of recession. To do this the brief will explain the proposed economic objectives and policies, furthermore, it will address the problems of unemployment and the effects of both inflation and international trade on the economy and business organisations. The UK economy has been going through some unsettling times in recent years and has many challenges to overcome. Our economic objective is to fulfil one goal, which is to maintain a steady economy. So inRead MoreFinancial Impact Of Microeconomics1276 Words   |  6 Pagescommittee will reconvene in December to decide whether there will be an increase in the rate.   Investors and currency speculators have a strong belief that this is when the rates will increase.   Other factors in the current economy include the strong job reports and the low unemployment rate.   Current chairperson of the Fed, Janet Yellen, mentioned that the inflation rate has been under the 2% target, which places some unease for current investors.   This low inflation rate also signals a higher chanceRead MoreSingapore Economy Essay1662 Words   |  7 Pagesï » ¿ECONOMICS ASSIGNMENT Singapore Economy (2004 to 2013) CONTENTS 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2 2. Production Output Performance Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 3. Labour Market Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..8 4. Price Level Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.10 5. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.12 1. Introduction Singapore has a highly developed and free-market economy that thrives on an open and corruption-free environment. It is toutedRead MoreKeynes Vs Hayek Essay804 Words   |  4 Pagesis quite complex. Both had influential roles in economic studies, emerging after World War II and during the Great Depression era (BBC). It’s important to note that both of these economists had opposing views when it came to economic theories and policies. Briefly summed up, Keynes theories were in support for government involvement in the economy (EconedLink). In contrast, Hayek argued that the government should have a lesser role in economic decisions in order to achieve greater economic freedomRead MoreThe Financial Crisis And The G20 Essay1456 Words   |  6 Pagesfinancial market in the United States created an accelerated momentum that pushed the global economy towards a detrimental downward spiral during 2008. In response to the crisis, the world’s top economies created the G20 leade rs’ forum in order to manage the financial downturn. Although the crisis was somewhat managed by the G20, the Great Recession left the world with a weak and stagnate global economy. The rise of secular stagnation was a viable threat following the Great Recession that entrenchRead MoreThe Speakers Speech on Trade Issues1454 Words   |  6 PagesChina? It is this question that an increasing number of the American population fears that it is facing, regarding the US-Chinese trade deficit. America and American jobs are perceived as falling prey to what is called the Wal-Mart effect. This so-called Wal-Mart effect refers to the fact that when consumers are delighted at the cheap prices they can obtain at big box retailers, they are unintentionally propping up a trade deficit between the US and China. By importing cheap goods from the developingRead MoreThree Pane Model1553 Words   |  7 PagesA Brief Note on Open Economy ISLM Model (Three-Paned Model) Utility for Business Managers: Firms resort to macroeconomic analysis to make rational judgments about the effects of global events or policy shocks on the economy and thereby on the business environment. But such analysis is often laden with possibilities for logical missteps. The Three- Pane model (open economy IS/LM model) is discussed here as a tool for explaining key relationships in the economy while avoiding the missteps encounteredRead MoreIs Globalization Good for Workers? Definitions and Evidence from Latin America1118 Words   |  5 Pagesthough globalization has increased average incomes in Latin America, the cases of employment quality still tend to be deteriorating. It is important to note the different dimensions of the effect globalization has caused and mechanisms that either benefit or harm workers in changes found within labour demand and work organizations. Following that, a brief summarization of the statistical data from the sectorial case study of Chileâ€℠¢s labour impact will be looked at. When drawing a comparison betweenRead MoreThe United States is a Nation of Immigrants Essays1658 Words   |  7 PagesAmericans to seek immigrants as workers, and economic opportunities have attracted foreigners. The United States is a nation of immigrants. Our nation has been shaped by successive waves of immigrants who have played major roles in our changing economy. The overwhelming majority of immigrants who enter the United States come in search of jobs and a chance at a better life for themselves and their families. Economic immigrants come primarily from Europe, Asia and, most recently, Latin America.Read MoreRelationship Between Unemployment And Inflation3391 Words   |  14 Pages[TYPE THE COMPANY NAME] Economics Assignment [Type the document subtitle] 1/18/2015 â€Æ' Table of Contents: Table of Contents: 2 Section 1: Relationship between Unemployment and Inflation 3 Unemployment: 3 Inflation: 3 Phillips curve: 4 SRPC- Short Run Phillips curve: 4 Real Life example of Unemployment in Australia 5 Section 2: Simple model of AD and AS 6 Aggregate demand and Aggregate supply: 6 What is AD or aggregate demand? 6 Consumption Expenditure: 6 Investment Demand: 7 Government Expenditure:

Independence from Great Britain through the American...

The American Revolution was a war for Independence that started in 1775 and ended in 1783. It ultimately led to the 13 United colonies separating from Britain due to controversies that consisted over a period of time. There were many problems that could have led to the start of the American Revolution; there were many factors that played a major role in its rise for independence. One being the Colonies difference of opinion regarding the way they were treated by Great Britain and how they felt they should be treated. The Americans felt as though they should have the same entitlements as the Englishmen, and the British thought the Americans should do what every was best for the sake of the monarch and legislature. As time progress the situations between the Colonies and Britain continued to escalate. No one factor played a role in its separation there were many factors. For instance the French and Indian War which took place in 1754 and ended in 1763 a war won by British that caused them to be in debt because of the highly priced equipment for King George’s III army. He imposed taxes on the colonies to pay off the debt of the war, without the colonies knowledge which started more problems and tensions throughout the colonies. It also could have been the unfair policies like the Proclamation of 1763 which should have given them unlimited possibilities for the colonists. But instead it turned out to be more about control for Britain, the proclamation ended up putting aShow MoreRelatedThe Battle Of The American Revolution1535 Words   |  7 Pages 1775, tension between the American colonies and Great Britain had reached its breaking point as fighting erupted at Lexington and Concord, Ma ssachusetts. These battles marked the beginning of the American Revolution, where the colonists sought freedom from King George III of England and Parliament. After fighting for years to gain their independence, the American colonies won the war. Even though the colonists faced several disadvantages during the American Revolution against the British, the determinationRead More`` Common Sense `` By Thomas Paine1202 Words   |  5 Pageshad supported the American Revolution that refers to â€Å"American Independence†. The objective to write â€Å"Common Sense† is that challenged to the British government and motivated American to follow their own destiny. Furthermore, His written work was the first time that asked for independence from Britain. The inspiration of Thomas came from the suggestion of Benjamin Rush who is an outspoken defender of American rights from Great Britain. Common Sense was both reveals independence from England and theRead MoreEssay How the America n Revolution Changed the World607 Words   |  3 PagesThe American Revolution was the first conflict in history fought in the name of universal philosophy of law, constitutional rights, and self-government. Ketchum states, â€Å"It was the event that gave birth to our nation, bequeathed a common purpose to the most varied of peoples, and ignited a beacon of hope that inspires the oppressed to this day.† I believe the Revolutionary war was the most significant event in our nation’s history, stabilizing the United States for democracy. The outcome was theRead MoreEssay on Comparison of the American and French Revolutions1022 Words   |  5 PagesComparison of the American and French Revolutions The American and French revolutions both compare and contrast in their origins and outcomes; both revolutions began due to the common peoples need to obtain independence and liberty from an oppressive government. The American Revolution was triggered by the American colonists need for financial independence from the overpowering nation of Great Britain, while the French revolution was a struggle to gain social equality among the masses. AlthoughRead More Second Continental Congress Essay1315 Words   |  6 Pagesstruggle for independence (Burnett 62). He addressed the first continental congress in 1774 and started the process of American political revolt. This revolt eventually climaxed in the rebelling of Britains American colonies and the establishment of what would become the United States of America. The Second Continental Congress accomplished independence through organization, rebellion, and finally declaring independence. This was the beginning of the American Revolution. Britain establishedRead MoreThe, Liberty, And The Pursuit Of Happiness1728 Words   |  7 PagesCommon Sense, this country’s independence would have ceased to exist. In April of 1775 the war began which would be fought for 8 more years to end British rule over the 13 colonies. The fight for independence was not easy, but Paine wrote words of encouragement for all Americans to consider. Paine wrote his pamphlet Common Sense months after the battle of Lexington and Concord in 1775. He meant to convince and inspire Americans that the time to declare independence was now. The pamphlet, publishedRead MoreThe American Revolution Was A Political Revolution1322 Words   |  6 Pages1700s, Great Britain was the strongest empire economically; she had established many colonies as well as rivals in the New World.Most important was Britain s rivalry with France as it led to the Seven Year War. The war had drained the empire economically, causing it to place taxes on the colonies in the New World. In turn rebellions arose and led the colonies to declare independence. For the thirteen colonies the American Revolution began with its Declaration of Independence. The American RevolutionRead MoreThe Fight Of American Independence Was Not One In Just1382 Words   |  6 PagesThe fight of American independence was not one in just one war. It took two major wars over the cou rse of almost forty years for America to finally be free of the superpower that was Great Britain. The two wars for the independence of the United States of America, the American Revolution and The War of 1812, were both fought here on the home front of America. The United States being the underdog, emerged victorious through both wars. These wars though were not without purpose. Both had their ownRead MoreCauses of the American Revolution953 Words   |  4 PagesEmily Thou Mr. G./ Period 1 September 14, 2012 Causes of the American Revolution The American Revolution began in 1755 as an open conflict between the thirteen colonies and Great Britain. The Treaty of Paris had ended that war in 1783, giving the colonies their own independence. There are many factors contributing to the start of the Revolution, but the war began as the way The Great Britain treated the colonies versus the way the colonies felt they should be treated. For example, the FrenchRead MoreEssay on The Inevitabilty of the American Revolution1720 Words   |  7 Pagestransported themselves to America, and, with great risk and difficulty, settled among other peoples native to the land. In a very surprising manner, the settlers formed new colonies in the wilderness and these establishments grew and prospered. Before they had departed England, the colonists terms of freedom and their relation to the mother country were fully settled; they were to remain subject to the King and dependent on the kingdom of Great Britain. In return, they were to receive pr otection

Both Sided of Humanity free essay sample

Both Sides of Humanity A typical spring morning, crisp, cool air. Three girls in the driveway like ducklings in a row, momma behind them in the doorway waving. Three girls anxiously awaiting the arrival of bus 210, lilacs in hand for the driver. They’re so young and pure, free of corruption and clueless of the dangers of each new day. The bus takes them to school, the place they think they go to learn about numbers and curving cursive Y below the line, but today school is a haven. Imagine a seemingly unsteady world crumbling under the pressures of fate’s unsteady hand. Imagine everything you own taken in an instant. And as their mother weakly told the girls of the disaster that day, the girls wondered, was it fate? Was it always going to happen? No. And they wondered what could have happened differently in the past to prevent this tragedy as they solemnly stared at the smoldering ash that was their home this morning. Three girls in the driveway like ducklings in a row, momma beside them- and beside herself, wondering what will happen next. While the thought of reconstruction brings happiness, they know their house will never be rebuilt. Money is scarce- the miracle ration has been spent on their lives. The family is all okay; no one was home to endure the deadly licks of the fire’s vicious tongue. There are six, and for now they must all live together in one small hotel room. For the three girls, getting along with their step dad would be like a fuzzy white mouse getting along with a starved python. Tension is high for everyone, but they all have their outlets. For the girls it is school. There they thrive in A+ papers, constant praise from teachers, and â€Å"BFF† love, and in the room at night there were three in the bed and the little one said, â€Å"we made it through another day.† Winter of 2004, the house is not complete; it’s not a house at all. There are some walls, but numerous holes and open spaces. The baby can’t crawl around because the floor is missing in some places, in others there is floor board†¦or some kind of board. No carpet. The stairs are slightly safe, enough to get to the top if they go one at the time. The kitchen has an infinite number of open places so the snow comes in sometimes. The floor is too cold to walk on with bare feet, but they have a few pairs of socks. There is no electricity, but they have a generator in the backyard. Gas is expensive though so it is rarely turned on. Their only heat source is a portable kerosene heater and kerosene is expensive too. There’s no running water, but when the generator is on they get about five ice-cold minutes in the shower-sometimes seven or eight depending on how much gas there is to spare. The youngest girl goes outside and sticks her hand deep into the snow. The sn owy yard is their refrigerator. When the sun goes down candles are gathered and lit. The girls gather in a circle, pens and paper in hand to do their math homework and write tomorrow’s essay in the company of dancing shadows on the wall. It is cold but they are grateful to have this skeleton house rather than nothing at all. Friends don’t know about this new way of life, keeping it a secret is no challenge though, because there is no time for friends. School is the only social time available, but that’s okay-it’s easier to keep secrets that way. Days go by, then weeks. Thanksgiving came. Oh were they thankful. Thankful for life, each other, and good health, and thankful that they had sense enough to be thankful. On Christmas Eve the family decorated a small tree cut from the woods out back, knowing nothing would be under it in the morning. Christmas morning arrived and they huddled around the tree. No words came out, but everyone knew what the others were thinking, â€Å"Its great to be alive; its great to have a healthy family; what a beautiful Christmas morning it is.† The girls knew their friends were opening presents, but their friends were unlucky because they were not having thoughts of thanks and gratitude flood their heads like the family with the creaky, dark house d own the road. Four years later life is very different from that in the creaky, dark house and still, there are three girls becoming women with a definite past and a bright future. They have seen two very different sides of life, and despite everything they are thankful for what they didn’t have before. Nothing will ever be the same, they will never look at life through the eyes of those three innocent girls that they once were. They, along with everyone else, are a very small part of an impossibly large world. Without the past the girls would not be thankful for every meal put on the table. They would not be thankful for the clothes on their backs. They are humble, and know that no matter what is going wrong, someone out there is always worse off. Three girls standing together, not in a row but side by side, grown and strong, ready to take on the world. They know what they have, they know that may not have it tomorrow, and that’s okay because nothing can take away their passion for life and their ability to adapt to any situation. When everything is mixed up and life is kept secret from friends and society it’s hard to cope with what others may think or say. The idea of society as a whole is a fallacy. We are all driven to be the same and to conform to the thoughts and ideas of others, but how can we act like a certain person or group of people when they too are acting like someone else? There is no truth in society, yet we all follow the same path to uniformity. To find the truth within yourself is crucial. Staying strong in a faulty situation is to have self awareness and to realize that life- no matter how fancy or dull- is beautiful. No power is so strong that it can ruin someone’s self-image and sens e of self worth. Everyone has the power to reach inside themselves and find their inner beauty, their reason for being on this earth. In the words of Emerson from his essay on self reliance, â€Å"Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles.† In Plato’s Allegory of the Cave the world is a cave full of prisoners who see nothing but what is displayed in front of them. In the words of Plato, â€Å"And if they could talk to one another, don’t you think they’d suppose that the names they used applied to the things they see passing before them?† unless the prisoners are led towards the truth they will never fully understand the real world. Three girls standing in a row, each with her own ideas of life’s truths. Each aware that she is responsible for freeing the world’s prisoners. It is their responsibility to show the world what life really is and what goes on behind closed doors. Reflecting on the past, they realize that their history is no different from anyone else’s. Together they became independent, self-reliant individuals. They have strength and passion, a burning fire within them as one, shedding warm light on each that reveals their individuality and what they have chos en to believe. Like the dancing arithmetic shadows on the wall, adversity vanishes leaving hope and certainty to their lives†¦a warm memory on a cold winter night. Three women who know: They’ve been up the rocky path and down the gentle slope. They’ve seen both sides of humanity and the miracles of hope. The light keeps glowing on them; and the moon keeps shining bright. As long as nature takes her course, they know they’ll be alright. Life cannot be touched; you can’t hold it in your hands. Its being can’t be dissected although it has the most intricate parts. Life thrives in every human being, entwines itself in every heart. Living with love, and having a passion for life are parts of life’s flawless web of catching you in time. Before your time, between your time, and after your time you’ll know†¦your life was perfect all along you just didn’t always know were to go, why you went, or how you got there. Following the brightest star, the path of yesterday and tomorrow, let your senseless worries guide you to your destination, wherever that may be. Be happy on the outside, and happier on the in. donâ€⠄¢t let others tell you how your life should end and begin. Respect yourself for who you are and love the light that guides you. Cherish every heart that has touched your very soul. Believe you can, and know you can, and you will be led home.

The Newtown School Negotiations

Table of Contents Introduction The dispute Negotiation process Consensus building Conclusion Introduction In all aspects of society life, conflicts are bound to occur. These conflicts are normal and may in fact contribute to the health of the community. However, the positive contribution of conflicts greatly hinges on the conflict resolution schemes which are employed. As such, it is imperative that the people involved in the conflict resolve the issues constructively. Key to the constructive resolution of conflicts is the use of negotiation tactics and strategies. Advertising We will write a custom essay sample on The Newtown School Negotiations specifically for you for only $16.05 $11/page Learn More In this paper, I shall review a conflict resolution between the Newtown School board and the Teacher’s association. As a member of the teacher’s association bargaining team, I shall analyze the various bargaining issues and the negotiatio n process that the two sides engage in so as to arrive at an agreement that suits parties across both sides of the divide. The dispute The first step in the negotiation process is to describe what it is that you want to negotiate. This is based on the concept that negotiation involves a conflict about particular resources. The participants therefore identify if there is a situation that needs to be negotiated. In the Newtown School dispute, the issues at play include the renewal of a contract between the board and the teachers following the expiration of the previous contract. There exist a number of contentious issues which have so far resulted in the unsuccessful finalization of the new contract. One of the contentious issues is the desire by the board to decrease the number of programs offered to students as well as decrease the number of teachers under its current employment. In addition to this, the board proposes to increase the workload of the teachers so as to increase the systems effectiveness therefore enabling it to work well within the budgetary constraints. The teacher’s association bargaining team of which I am a member is opposed to all this proposals by the school board since it sees them as detrimental to the welfare of the teachers. While the board wishes to negotiate a three year contract, the Teacher’s association wants a one year contract which it believes will guarantee flexibility for its members. In addition to this, the my team is opposed to the idea of decreasing the number of teachers in Newtown Schools as well as increasing the work load of the teachers. Negotiation process Having acknowledged the presence of a conflict, the negotiations can be deemed as being ready to begin. The process ideally begins by both parties presenting their issues which are mostly in the form of demands and goals to be met. Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15 % OFF Learn More Negotiation involves exchange of proposals and demands so as to reach a solution. The Newtown case in particular presented well defined goals by both parties involved. The goal of my team is to prevent the reduction of the teacher’s work force as well as ensure a flexible contract is given to the teachers. The Teachers Association team also wants to ensure that the workload of the teachers is not unfairly increased. The goals of the Newtown School board is to reduce the cost of running schools by cutting on the number of teachers employed as well as the number of programs offered at schools. In addition to this, the board aims to increase the number of years for the teaching contract so as to stabilize the situation by creating orderly and predictable budgetary needs. Despite the presence of these polarized interests between my side and the school board, there exist interests that are common to both sides. Both parties involved are genuinely concern ed about the well being of their community and in particular, the quality offered to the children. As such, it is desirable to reach a solution that does not alienate the teachers association and the school board since these two entities have always coexisted peacefully. In addition to this, both parties are subjected to the pressure of the community to come up with a solution that will not result in derailing of the educational process of the children. These joint interests are very pivotal in the reaching of an agreement. Once the various positions of the negotiating parties have been established, the negotiating process can commence. For the negotiation process to be undertaken a strategy has to be followed. The strategic choice that was employed in this negotiation was the concession making. In this strategy, each party is required to reduce their demands or aspirations so as to accommodate the other party. This strategies, applied appropriately, is arguably the most prudent g iven the fact that both parties involved in the Newtown dispute have their demands and there is little chance of either party giving in to the objectives of the other party without obtaining any gains. Consensus building Consensus building is a decision and agreement reached by all the identified parties. Through this process, unanimous agreement over the disputed issue(s) is reached. Advertising We will write a custom essay sample on The Newtown School Negotiations specifically for you for only $16.05 $11/page Learn More At the onset of the negotiating process, both parties were unable to see the common value issues where no opposition existed. Through the negotiation process, my party and the school board have recognized common goals thereby showing us that we are in fact not adversaries. Building on this basis, we have come up with compromises for the community’s and our respective benefit. One of the issues in which a concession has been reac hed is the issue or decreasing the teaching force in Newtown. While the reduction in the number of teachers under employment by the board is seen as necessary, my team at the beginning of the negotiation process opposed this move as it would have jeopardized the work security of the Teacher’s Association members. However, it has been noted that thirty teachers did not return to the system due to either retirement or other reasons. In addition to this, there has been a notable increase (5%) in the number of retirements as the year’s progress. Both teams have therefore agreed that instead of laying off teachers, the board can suspend employing new teachers in the coming years. As a result of this, the teaching force will naturally decrease without the current teaching force suffering from loss of employment. This is a position that is acceptable to both sides. The other issue of concern is the term of the contracts. While the school board proposes a three year term, my team demands a one year term contract. Since both sides have their valid arguments to justify their demands, the only way that this matter can be resolved is through compromise. The two sides therefore agreed on a two year contract which demonstrates a relaxing of the initial demands by both sides. As such, while none of the sides wins, both sides end up with a better bargain that what the other side previously demanded. Conclusion Since there was a desire by my team and the Newtown School board members to come up with a solution that would avert a strike, both teams engaged in negotiation efforts to constructively resolve the conflicts at hand. From these negotiation efforts, compromises were made and both teams agreed to terms that were acceptable to all parties. Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Since there is goodwill and a desire to avoid dispute by both parties, it can be expected that both parties will fulfill their ends of the bargain therefore leading to a harmonious coexistence. This essay on The Newtown School Negotiations was written and submitted by user Marilyn M. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.