My Choice for My Future Career Free Essays

Name: My NGUYEN Instructor: Mr. Voeller Class: ESOL 0051 Date: April third, 2012. Last draft My decision for my future vocation Today the monetary emergency consistently influences the life of everybody in the United States, particularly youthful grown-ups who have quite recently moved on from secondary school and arranged for free life. We will compose a custom exposition test on My Choice for My Future Career or then again any comparable theme just for you Request Now So the most significant inquiry for each youth is which vocation the individual in question needs to do with their life. It is significant in such a case that our decisions aren't right, we will squander our cash, our time, and perhaps our psychological and physical wellbeing. Be that as it may, we probably won't know whether the way we picked will be the right one until some other time throughout everyday life. At the present time I am sure about my choice of turning into a drug specialist for the three reasons beneath. Most importantly, we should have an energy for and an enthusiasm for our profession since we will work in our field each day. For this situation, as a drug specialist, we should have a solid enthusiasm for human services, science and particularly science (Bolster, Brynildssen, Cohen, and co-essayists 676). My enthusiasm for science started when I was in tenth grade, the Royal Australian Chemical Institute and my school held a Chemistry Exam for all of understudies in my evaluation. My colleagues and I examined and arranged a ton for this test since we heard that the honors would be a grant to concentrate abroad in Australia. Nonetheless, when reading for the test, I was really keen on science myself. Along these lines, despite the fact that for this test I just got the bronze award however the information that I picked up from this experience was inestimable. At the point when I did the exploration for this test, I understood that numerous revelations in science would be utilized in medication to forestall or to fix human ailments. For instance, I regarded Marie Curie, the female researcher who found the component radium. That component is utilized in X-Ray to analyze sicknesses; in Radiotherapy, a treatment technique utilizing in Oncology; and in Radiopharmacy, â€Å"the utilization of radioactive medications for indicative or helpful purpose† (Bolster, Brynildssen, Cohen, and co-journalists 674). Around then I trusted that I would have numerous odds later on to concentrate increasingly about science and how it is applied in social insurance. In this Chemistry test, I had a lab meeting so my companions and I had a few hours to rehearse in lab with our teacher. I was energized with each talk and lab meeting. I got a kick out of the chance to rehearse in lab, and see the compound responses. I had some paramount involvement with science lab, for example, making a little blast when joining a few synthetic compounds together; and consuming my hand while pouring a fluid excessively quick. My science instructor said that on the off chance that I jumped at the chance to contemplate science and discover data about this field, at that point I would turn into a scientist or a drug specialist. â€Å"Occupational Outlook Handbook, 2010-2011 Edition, Pharmacist† demonstrated that aggravating or blending of synthetic fixings to frame meds is a piece of a pharmacist’s practice. This is another motivation behind why drug specialist is a most ideal decision for my future vocation. Second, my future profession decision is correct in light of the fact that I understand that I have a few capabilities that are reasonable for a drug specialist. For instance, from an encounter of my youth time, I realized that to turn into a drug specialist I should be a benevolent individual. Besides, as some other human services vocation, I needed to think about my patients concerning individuals in my family, and to impart well to connect with patients and associates. At the point when I was six years of age, I was frail and wiped out constantly. Once when I was hospitalized in light of high fever and brevity of breath, and the clinical staff in the Children Hospital impacted my fantasy vocation. They were my medical caretaker, my primary care physician and my drug specialist. They gave a valiant effort to assist me with showing signs of improvement. They conversed with me and my folks about my sickness and how to fix it. They caused me to feel progressively sure about my recuperation. I can't counterfeiter my drug specialist. She conversed with me like my mom: â€Å"Honey, attempt to take your pills and drink more milk. You will improve and turn into a wonderful young lady. You should be solid to concentrate well and help any children like you at the present time. † Since at that point, I have consistently pondered how and what I could do to support sick individuals. When playing with my kin and my companions, I got a kick out of the chance to assume a job as a specialist. Each time my folks were sick, I was concerned. I needed to concentrate plainly every ailment that my folks had and to deal with them all the more intently. At whatever point my school arranged any field excursion to nursing home, I was consistently the first to lift a hand up to take an interest. To wrap things up, I know my decision for my future vocation is correct on the grounds that I have a good example who is a drug specialist. She is an effective lady in her vocation and throughout everyday life and is regarded by practically the entirety of my neighbors. She is Tran, a drug specialist and a teacher of the College of Pharmacy in my city. I have known Mrs. Tran since I was a youngster, my mom used to take me to her drug store together to purchase medication. Once, my dad had a mishap and endured an extreme back torment. This side effect got constant and assaulted my dad when he worked extended periods. I went to Mrs. Tran’s drug store with my dad and I got data about a pharmacist’s work. She counseled my dad how to utilize these medications securely and successfully. Other than utilizing drugs, she offered more guidance and valuable data to my dad to soothe the torment. She discussed the correct working situations to maintain a strategic distance from spinal pain, and furthermore practices like swimming and riding bike would be useful for back muscles to get more grounded to forestall back torment. What's more, she said that a few medications may cause stomach distress and ought to be taken with full stomach. My dad showed signs of improvement following half a month utilizing these drugs and furthermore took her recommendation on attempting to do these activities. He recouped absolutely so my dad and my family refreshing Mrs. Tran a ton. Besides, I realized that Mrs. Tran has helped numerous patients in my neighbor like my dad. She has held gathering training each end of the week at our public venue to give data and free medication to helpless occupants. She was my family drug specialist as well as my more established companion. At the point when I had any inquiries regarding wellbeing or meds, she generally clarified unmistakably by a simple way and gave me how and where to get data when she was as my age. From that point forward, I have regarded her a ton, and guaranteed myself to concentrate hard to turn into a decent drug specialist like her. As time passed by, when I graduated secondary school and arranged to pick major in school, I met her and we talked about certain focuses about profession standpoints. I was urged to get my fantasy profession. Each vocation has its own obstruction however when I tried sincerely and endeavor my fantasy profession which could help individuals without anyone else, it would be commendable. Besides, â€Å"Occupational Outlook Handbook, 2010-2011 Edition, Pharmacist† indicated that work in my vocation was required to increment quicker than the normal. These things caused me to choose all the more unquestionably. Taking everything into account, at this moment I am strolling on my way to my future bit by bit and I am self-assured with my activity in light of the fact that my attention to my all consuming purpose. In a meeting I have gone to about how to turn into a fruitful understudy in my College, educator Hermes T. Cervantes stated, â€Å"Life was decisions and you should be dependable with your decisions. What's more, to be effective in life an understudy ought to pick â€Å"the sure way† so as to â€Å"the quick way† when you got choice in any issue, particularly picking your profession. † Works Cited Bolster, Carole et al: Exploring Health Care Careers. Chicago: Ferguson Publising Company, 2002. Print. Jordan, David: â€Å"Careers with the Pharmaceutical Industry†. London: John Wiley Sons Ltd, 2003. Print. U. S. Agency of Labor Statistics: â€Å"Occupational Outlook Handbook, 2010-11 Edition, Pharmacists†. Web http://information. bls. gov/cgi-receptacle/print. pl/oco/ocos079. htm. Walk 6, 2012. Step by step instructions to refer to My Choice for My Future Career, Papers

Book Review of Eisenhower Lessons in Leadership Essay

Book Review of Eisenhower Lessons in Leadership - Essay Example He looks at his weaknesses just as accomplishments in a way that values one's natural circumstance. The writer uncovers that Eisenhower was an extraordinary official who could compose affirmation letters to mother of fighters in a single second, aside from being an incredible military pioneer. He would likewise settle on choices that would impact a huge number of individuals. 2The creator presents General Dwight David Eisenhower as an astute planner and a specialist in association. He was an incomparable administrator of United States partnered powers during World War II. General Eisenhower told in excess of 4,000,000 warriors drawn from five distinct countries. His job took after that of a top administrator in an association. He assumed urgent job in coordinating every military activity in Europe. He effectively arranged activity assaults and sorted out partnered troops endeavors, which yielded triumph. Axelrod applies Eisenhower thinking to the administration of associations, exten ds, or even individuals in a progression of 232 exercises. This not insignificant rundown is more than what normal peruser can assimilate. It could have been more obvious the exercises in the event that they were organized. Axelrod ought to have featured a rundown of the most significant exercise. Be that as it may, to make this exercise straightforward, Axelrod has uncovered ten attributes of a decent pioneer. These qualities are widespread and can be applied in some other association other than military. Axelrod dazzles me by how he draws out a point that shows the method of use of such methodologies in legislative issues and to benefit the business world. Axelrod puts Eisenhower’s word into a setting that enables the peruser to out of an over the top circumstance she/he is. I could state that the estimation of this book isn't illustrating the standards of administration that appear to be huge. The genuine worth is to see how Eisenhower communicates to individuals who are m iserable, amazing, compelling, shaky, and still endeavor to get the truly necessary outcome. Such difficulties incapacitate most chiefs. Eisenhower realized how to design and accomplish target he needs. He was a motivation to other people. He could complete things. One of the most significant characteristics that the creator presents about Eisenhower, is his otherworldly capacity to work with character of various kinds. 3He figured out how to convince one of the most inconsistent military pioneers, for example, United States armed force General George Patton, British field Marshall Bernard law Montgomery, and French pioneer General Charles de Gaulle. In his influence, he attempted to set their distinction aside and work as a group to accomplish a typical target of military. His ability to move collaboration among partners in Europe was absolutely what needed. The military coalition was sudden in that it comprised of countries with various philosophies, heights, and accounts. Bringin g the military chiefs of this country to overcome Hitler was genuinely a colossal discretionary and the board challenge4. Nonetheless, examination on how he had the option to do this is absent. One would expect something minimal more top to bottom particularly on building a group, changing over clash into basic reason and freedom of Europe. The greatest authority challenge isn't realizing what should be done so as to achieve proficiency. For example, Eisenhower needed to confine the frank George Patton5. In one of the letters he thought of him, he recognized that there was nobody else of his colleague that he would compose so

Booker T Washington essays

Booker T Washington articles Booker T. Washington was an extraordinary impact for the dark network. The endeavors this man put to turn out to be such a superb pioneer were fantastic. Booker T. Washington was a man that fired up without any preparation. He grew up as a Black slave, who didn't have a lot of decisions throughout everyday life. He was conceived in Virginia in 1856, and he had a white dad and a dark mother. After the Liberation Proclamation he went to work in a coal mineshaft, while still a kid. At the point when Booker was seventeen he went of to Hampton Institute, he worked there as a janitor. He at that point turned into an understudy there. Following all the hard work Booker T. Washington has placed in his life he turned into an acclaimed Booker T. Washington turned into a popular speaker he had been welcomed to have supper in the White House with President Theodore Roosevelt. Gradually Booker started to get the regard he merited. Booker lectured that Blacks ought to acknowledge that they were sub-par compared to whites, he disclosed to them that we need to demonstrate to them that we are socially equipped for dealing with ourselves. He said the manner in which we do this is cause fruitful organizations we to get taught and get into legislative issues. For these convictions that Booker had confidence in is the reason he was classified The Great Compromiser. Many white ex-slave proprietors started to regard Bookers ideas. In addition to the fact that he was getting recognized by the Blacks yet now additionally by the whites. Booker T. Washington was being subtly subsidized by extraordinary industrialists like Andrew Carnegie and John D. Rockefeller. The adoration moved toward bigotry in a nonthreatening way. The main thing that was an issue to him isn't all individuals loved his conviction. WEB Du Bois didn't care for Booker T. Washington's announcements. He accepted that gave the Ok to proceed with racial isolation. I accept that Booker T Washington was an incredible pioneer for the Black network. His aims were for the better of this nation. His conviction ... <!

Faces of Death

Life ends. That’s a fact. We don’t know when or how but it surely will. We will all experience Death. It is a common phenomenon that everyone will experience. This ferocious monster will just grab us from behind and pull us down to our graves. Taking us from our loved ones to far far away place that going back is merely impossible. Everyday there are so many people dying with different reasons. Some dies in vain. They died because of famine and other worthless deaths just because of their misfortunes in life. Life may have seem unfair to them while they’re still alive until to their last breathe. I They could have a better life yet still they have all died. Some dies because of unexpected accidents. Those people are the victims of those tragic and natural disasters. Vehicular accidents and natural calamities that killed a large number of people. They could have been saved from it yet still they have all died. Some dies because of mild and serious illnesses. S ome of them already received a life limit by their doctors because of their disease. It may include cancer, TB and other sever diseases that threatens the life of everyone. Some just dies in an instant even with the simplest existing disease. They have spent money and time in the hospitals yet still they have all died. Some just died with an unknown cause. Some just vanished to who-knows-where. Some got killed. Others just ended their lives with their own hands. They can live a happier life in the future yet still they have all died. Death is a mystery. No one knows when or how it will come after you. One thing for sure is, it will hunt us down because no one can escape death. We will all surely die like those people mentioned before. Are u ready to face it? To face your final destination?

Operations Management - 1816 Words

Introduction A conventional â€Å"bricks and mortar† grocery does not have an online presence, only a physical one. It is built on a face-to-face customer service, and usually always has a building for their operations. A â€Å"brick and mortar† grocery has advantages and disadvantages compared to an online operation, like Theorganicgrocer.com. First of all, their major disadvantage is the overhead. The cost of property, insurance, taxes and staff is much higher for a â€Å"brick and mortar† operation than an online operation. The biggest advantage for a â€Å"brick and mortar† operation is customer security. To a customer, if a company has physical presence, it is seen as more reliable as the company is far less likely to fold overnight and disappear.†¦show more content†¦Each of these primary activities is linked to support activities, which help to improve their effectiveness or efficiency. There are four main areas of support activities: procurement, technology development (including Ramp;D), human resource management, and infrastructure (systems for planning, finance, quality, information management etc.). The chain consists of a series of activities that create and build value. They conclude in the total value delivered by an organisation. The ‘margin’ depicted in the diagram is the same as added value which expresses the way a business differentiates itself through configuration of its value chain. The drivers for product differentiation and value creation are policy choices (what activities to perform and how), linkages (within the value chain or with suppliers and channels), timing (of activities), location, sharing of activities amongst business units’ learning, integration, scale and institutional factors. Eg: - Inbound Logistics (receiving and storing materials for distribution for production) Registration * Provide information Eg.: -Categories Product -Build Database -Paypal Operations (transforms inputs into finishedShow MoreRelatedOperations Management : Operation Management1355 Words   |  6 PagesOperations Management Introduction Operations management is the activity of managing the resources that create and deliver services and products. The operations function is the part of the organization that is responsible for this activity. Every organization has an operations function because every organization creates some type of services and/or products. However, not all types of organization will necessarily call the operations function by this name. Operations managers are the people who haveRead MoreOperation Management - Cadburyworld2493 Words   |  10 Pagestechnology to streamline the operation process) and facility costs (old and outdated facilities) at lowest possible. In return, they have to compromise low costs with their other objectives. The unskilled staffs and outdated facilities are compromised with the quality in the core process. For example, the brief video (facility) in the packaging plant is outdated and requires commentary notes from some guides. However, the unskilled guides are not familiar with the operations so they need to read fromRead MoreOperation Management And Operations Management2148 Words   |  9 PagesOperation management Introduction Being an operations manager is not an easy task, it involves good control and responsibilities for the major activities within the organisations in order to achieve goals that might be in form of services or in form of goods. The operation management roles may be different from business to business depending on the size and resources available, each organisation has its own operations functions, and in order to produces goods or services they have to convert theRead MoreImportance Of Production And Operations Management2317 Words   |  10 Pagesthe production and operation of enterprises. In order to remain competitive, companies in different countries have different factors of competitive advantage. A clear competitive advantage is the key to gain success in production and operation management. An effective operations management is the foundation of enterprise competitive advantage and the fundamental guarantee to realize corporate strategy. This essay deals with the importance of production and operations management in the enterprise,Read MoreOperations Management : Operation Management Essay2171 Words   |  9 PagesOperation Management Operations administration concentrates on precisely dealing with the procedures to create and circulate items and administrations. Operations administration is the procedure, which joins and changes different assets utilized as a part of the creation/operations subsystem of the association into quality included item/benefits in a controlled way according to the arrangements of the association. In this way, it is that part of an association, which is worried with the changeRead MoreOperation Management2751 Words   |  12 PagesTABLE OF CONTENTS 1. OPERATION MANAGEMENT 3 1.1. DEFINITION OF OPERATION MANAGEMENT 3 1.2. THE ROLE OF OPERATION MANAGER 3 1.3. RELATIONSHIP OF OPERATION MANAGEMENT WITH OTHER CORE FUNCTIONS 3 2. CASE STUDIES 3 2.1. HEATHROW INTERNATIONAL AIRPORT 3 2.2. NESTLÉ UK CHOCOLATE FACTORY 3 3. MAJOR UNDERSTANDINGS OF THE STUDY 3 4. CONCLUSIONS 3 REFERENCES 3 1. Operation Management For the success of an organization, the management crew plays a major role. An organizational structure is based on differentRead MoreOperations Management986 Words   |  4 PagesOPERATIONS MANAGEMENT Select two organisations that you are familiar with – one with a service output and one with a product output, and compare and contrast these organisations with respect to the following aspects: 1.1 The process of transformation of inputs to outputs 1.2 Process and Capacity design 1.3 Supply Chain management 1.4 Scheduling Operations Management refers to the management of the production system that transforms inputs into finished goods and services, (http://csuponomaRead MoreOperation Management2436 Words   |  10 PagesOPERATION MANAGEMENT IS IMPORTANT TO ALL BUSINESS To be able produce specialized managers capable of fulfilling strategic tasks within business and government enterprises the need for the practice of operations management cannot be forgone. Operations management is very significant in business operations since it forms the heart of the organisation by controlling the system of operation. Operations management deals with the design, operation, and enhancement of the systems that generate and deliverRead MoreOperations Management Chapter 18 Manual1950 Words   |  8 PagesChApter 18 Management of Waiting Lines Teaching Notes Some of the math and calculations can be left out in order to focus more clearly on the concepts of waiting lines. For example, all infinite source problems, including single channel (except constant service time) can be handled using the infinite source queuing table. In the past, queuing presented students with a good bit of computational requirements, and because of that, students frequently lost sight of the underlying concepts. WithRead MoreOperations Management1791 Words   |  8 PagesQUESTION 1 Operations management must be managed properly in order to improve an organization’s productivity and profitability. In the Cadbury World case, several micro and macro processes are involved and those processes bring some impacts to Cadbury World. Thus, Cadbury World must possess a sustainable micro and macro processes to achieve the best outcome and performance. Micro processes that involved are easily to manage compared to macro processes because macro processes are hard to manage

Summary Of The Veldt - 1266 Words

The Veldt Wendy and I sat quiet anticipation in the family helicopter as we rode back home from the plastic carnival, occasionally speaking lowly about the nursery. Not too long ago Father had tried to lock us out of the nursery for no good reason, but was thankfully was stopped by Wendy and I; the nursery was thankfully unlocked once again. Father is a terrible man and Mother is no better. Truth be told they are more of a nuisance. With the Happylife home there was truly no use for them. In fact to me there really isn’t a use for anyone with the Happylife home aside from perhaps my sister; however, even she is not truly needed. Humans were terrible and I would much rather associate with the lions of the Savannah. I feel as if I understand them better: their animalistic instincts and pack mentality more appealing to me than the evils of humanity. Oh yes, the lions and I are one and the same. As Wendy and I enter the house, we--unfortunately-- spot Mother and Father. Listening into their conversation a bit, I am horrified to discover that they are talking about the nursery again. It seems they realized the fascination with the horrifically beautiful plains of Africa that their children posses. Mother and Father seem very unnecessarily troubled by this, although I can’t imagine why. Perhaps it is because they have nothing else to do but worry-- humans are stupid like that. â€Å"Hello Mom. Hello Dad,† Wendy and I greet them cooly. Our parents swiftly turn to greet us, telling usShow MoreRelatedThe Veldt, By Ray Bradbury1444 Words   |  6 Pageshover boards, and using iPads to order food at a restaurant. What used to be inconceivable in the 1950s is now the norm 66 years later The science fiction short story â€Å"The Veldt,† by Ray Bradbury, was written in the 1950s, yet gives the reader perspective on the dangers of advancing technology as a prophecy of our future. In â€Å"The Veldt,† the two parents, Lydia and George, are affluent and spoil their children, Peter and Wendy with technology, which ultimately leads to the parents’ death. Using Lois Tyson’sRead MoreEssay on The Veldt1782 Words   |  8 PagesFahrenheit 451. The veldt was published originally as â€Å"The Word the Children Made† in The Saturday Evening post and later republished in â€Å"The illustrated man† in 1951. The rise in the popularity of T.V. had a direct influence on â€Å"The Veldt.† At the time the story was written, many American families were acquiring their first television sets, and no one was sure exactly how this new technology would impact the relationships among family members and this fear is reflected in â€Å"The Veldt†. Characters Read MoreThe Illustrated Man By Ray Bradbury1316 Words   |  6 Pagesskills class, we are reading Illustrated Man by Ray Bradbury. This book is about short stories that take place in future. All of the short stories are based on different themes. For example in the short story, The Veldt theme is technology is controlling our lives. In the story the Veldt the house is fully programmed and high tech. The house takes over everything inside the house, even the roles of mothers and fathers. The three stories I am talking about today is the Marionettes, Inc, The CityRead MoreThe Role of Adult Education in Womens Empowerment16079 Words   |  65 Pages................................................................................... 6 LIST OF FIGURES ................................................................................................................................... 6 EXECUTIVE SUMMARY ........................................................................ ................................................ 10 GENERAL OVERVIEW: THE BOTSWANA CONTEXT ........................................................................... 17 1.1 Introduction

Measure of Welfare free essay sample

Individual living conditions include non material aspects as health, life expectancy, education and environment. Happiness, as the ultimate goal, does not change much over time as it depends on family, friends, work satisfaction, not much on income. Hence, GDP (a frequently varying and objective measure based on raw formulas and numbers) can definitely not be an accurate measure of a nation welfare (or happiness, by far more subjective and non-changing in nature. ) As discussed in the previous paragraph, there are several layers we need to go through from GDP in order to reach welfare. Each layer will inevitably impose encompassing new considerations in finding the ‘right’ measure for welfare, should the latter be initially based on GDP. To illustrate, the figure below shows a relatively low economic well being in spite of a high GDP per capita for USA, while it depicts a relatively high economic well being in spite of a low GDP per capita for France. In both countries overall happiness and life satisfaction are quite steady over time. 2. From GDP to Welfare Our analysis of the way from GDP to welfare is based on the following illustration. Yet, depreciation does not contribute to welfare in any way, and the replacement of old capital only gets the economy back to the â€Å"starting† position. Such capital consumption (ranging from 10% in UK and more than 20% in Japan) prevents (at least partially) any rise of GDP from benefiting consumers and only replaces physical capital. Similarly, expenditure on crime prevention and security adds significantly to GDP but only restores a safe environment. Medical expenditure as a result of air and noise pollution also adds to GDP as do diet classes, antidepressants and a sizeable list of other items . e. hence comes the notion of the Net Domestic Product as the result of subtracting capital consumption from GDP. Second, GDP measures income produced in a country but not how much of it is received by people in that country. Implicitly speaking, some income may go to foreigners. This is particularly the case in Ireland, which transfers a non negligible 15% of primary income to the rest of the world. On the other side, other countries (Japan and Germany for instance) are net recipients of income from abroad leading to the rise in income of residents outpacing the rise in GDP. Here comes to notion of the Net National Product as the result of subtracting net income receipts from abroad from net domestic product. Third, GDP â€Å"objectively† counts monetary transactions (including estimates for those in the shadow economy) and very often misses many other activities that people â€Å"subjectively† value like caring for children or elderly at home, spending leisure time spent relaxing or with family and friends. GDP does not include the value of clean air and water i. e. ; therefore, any useful measure of well-being would try to capture these items, which are not considered at all by GDP. However, if we take our reasoning the extreme line, this would imply that basic food and clothing also should not be included. This again highlights some of the arbitrariness of the different measures. 2. 2 Some Initiatives towards Welfare Measurement In 1970s a measure of Economic Welfare (MEW) was proposed by James Tobin and William Nordhaus. The principle was to add to GNP the value of household services and leisure, to subtract the cost of capital consumption and â€Å"bring-back† costs such as pollution, and to excludes police services to combat crime and similar. Many later studies used components and weights of different measures, but they were all based on researchers’ own subjective judgment. A very comprehensive and thorough Index of Economic Well-Being comes from the Canadian Centre for the Study of Living Standards. It starts from the flow of private and government consumption (excluding household work). The stock of physical and human capital owned by residents tries to measure the stock of productive resources that can be passed on to the next generation. Inequality is captured through the Gini coefficient and the poverty intensity. Finally, the security component aggregates diverse items such as divorce rates and employment rates (with a negative sign). The overall Index of Economic Well-Being is a weighted average of the four components. The preliminary 2004 results shows that economic well being ranking differ significantly from the ranking for GDP per capita, favoring countries with high income equality and low insecurity. Several countries started publishing or developing national economic well-being measures. So far, there is no international standard for calculating them. The measures differ significantly across countries and may reflect the values and priorities of the researchers who construct them. Over the coming decades we are likely to see more standardization in this area. 4 MBAXIV A – MA 1407 – Business Economics in a Global Market GDP Welfare – The Moroccan Example Still, consumption, wealth, equality and security only capture part of a human’s well-being. Many other elements are relevant as well. Perhaps, the best-known, but rather narrow measure of human living conditions is the United Nations’ annual Human Development Index (HDI): a combination of the levels of life expectancy, education and GDP to measure human development (not necessarily welfare); which makes it a valued contribution but still narrow in scope because of its high correlation with GDP. A more comprehensive measure of human living conditions is the Weighted Index of Social Progress (WISP) calculated by Richard Estes at the University of Pennsylvania and going back to 1970. This index tries to capture many dimensions of wellbeing, covering income, education, health, role of women, environment, social peace, diversity and welfare. In UK, the â€Å"new economics foundation† publishes a Happy Planet Index (HPI): a combination of data on life expectancy, surveys on satisfaction and consumption of natural resources (in an attempt to measure how happy people live without damaging the planet). With such strong focus on the environment, this index favors countries near the equator. Anecdotal evidence suggests that HPI may be a good guide for holiday destinations! Another measure in the UK is the Measure of Domestic Progress (MDP). From consumer expenditure, social costs (inequality, accidents, crime, family breakdown etc. , environmental costs and the loss of natural resources are subtracted. This indicator peaked in the mid-1970s, declined until the mid1980s and has not yet regained any considerable improvement due to rising social and environmental costs. Because the Labor government’s focus on improving the overall quality of life in the UK, this measure has some influence on policy priorities, and reversibly, policy influences measured wellbeing. 2. 3 Happiness and Life Satisfaction The well-being indicators still cannot tell how happy individuals are. Measuring happiness requires a different approach mainly based on surveys. According to the survey of spring 2006, 66% of Danes said they were very satisfied with the life they lead. Only 17% of Germans and just 4% of the Portuguese felt the same way. Over the past 15 years, the average level of life satisfaction has not changed much in spite of the large increase in per capita income. Football events and achievements greatly contributed to satisfaction bumps (france in 1998, Portugal in 2000). Satisfaction of life is influenced by factors other than income, and it is very difficult to boost satisfaction on a sustainable basis mainly because people get used to igher income, consumption and circumstances. For example, by the hedonic treadmill, driving a new car for the first time may make one very happy, but only for a short time. Naturally, humans always aim higher for better living conditions. The satisfaction treadmill can make one feel that it would have been better to have a house in a better or safer neighborhood rather that the just recently completed new house. To make thing even worse, an individual’s satisfaction tends to be influenced by how well others are doing. Driving a big car may make one happy if she is the only person with such a car, but satisfaction with that same car quickly diminishes if friends and neighbors drive similar cars. Also, if one buys a big car, this may depress the happiness of neighbors, so aggregate happiness may not rise. According to Lyubomirsky et al. (2005) a part of happiness appears to be genetically determined (around 50%), another part determined by happiness-relevant activities (40%) and the remainder by circumstances (income, climate, environment, stable democracy etc. ).