Discussion Board reply Assignment Example | Topics and Well Written Essays - 250 words - 2

Discussion Board reply - Assignment Example If demand for products is left to virtual shopping estimates only, it would provide biased outcomes that may not reflect actual market behavior and equilibrium. Saving is important for both households and the economy as a whole. A household benefits from savings as it allows a cushion in case of an economic recession. Furthermore, savings allow households to invest in various parts of the economy which aids in increasing the total assets available to a household. On the other hand, the economy stands to benefit from household savings since it allows the government and banks greater liquidity to initiate larger economic projects and hence spur economic growth. In addition, the increased liquidity helps governments to provide better social security nets for the population at large (Gwartney, Stroup, Sobel, & Macpherson, 2011, p. 246). There is no rule of thumb for the proportion a household should save. However, it could be generalized that a household should save enough of its disposable income to allow investment opportunities and to cushion economic shocks whilst not saving too much so as to cause a loss of liquidity in the

Social entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words

Social entrepreneurship - Essay Example From the period, the concept of fifteen began taking shape in his mind. His vision is using the magic of food to provide a chance of employment to the young youths who had dropped out of school. However, the realization of his dream took him 10 years to bring to fruition (Slocum et al. 2011, 189). He was more excited with the social enterprise model whereby an enterprise was driven by social ambitions rather than financial gain that brought motivation to him to start his enterprise. The enterprise is referred to as Jamie Oliver’s Fifteen in London also referred to as Naked Chef star restaurant in US has a unique way of going about its business. The enterprise is known for its charity acts as it employs ex-convicts that lack any experience in the restoration enterprise with little or no social skills some with criminal records and turns them to productive members of the society. Jamie believes that by equipping a sense of responsibility and routine to the young people, they will develop the notion of order resulting in a steady rhythm that is ideal for social integration (Warin 2011, 34) (Illustrated in appendix 3 and 4). Jamie Oliver is a son of a pub owner in  England, and  he is a  dropout  of high school, thus never completed school  who parlayed is a strong personality in entrepreneurial skills. His dream is to have a strong, suitable movement of educating children on food. Jamie intention was to create a fine restaurant in London and on the other  side he  utilized the magic of cooking to provide opportunities for the young people who were not privileged and were facing enormous challenges in their lives (Flego et al. 2013, 411). These are the ex-con youths as well as those who lacked education. Thus, his goal was to provide an opportunity to these individuals giving them a chance of unlocking their true talent through training and mentoring. According to Jamie, training those