Question

In: Economics

Economics history question: (just need 2-3 sentences per question thanks). The First Great Wave of Globalization:...

Economics history question: (just need 2-3 sentences per question thanks).

The First Great Wave of Globalization: Migration

a. What are three factors affecting the decision to emigrate?

b. How did the composition or origins of immigrants to the US change over time?

c. Why were immigrants “instant adults” in the US?

d. Were immigrants substitutes or complements to American workers?

Solutions

Expert Solution

(a) The US immigration wave began post 1820's after the medieval wars had ended and America was open for business again. The factors affecting the decision to migrate were a mix of push and pull factors. Three important factors are:

  • The economic prospects of migration to US. Relatively a new and unexplored economy offered vast potential for Europeans, which were an enterprising race. Tobacco plantations and industrialisation were important avenues.
  • Social factors largely came in form of push factors. The famine in Ireland and Europeans seeking a liberal religious society were important issues which they addressed by deciding to the "New World".
  • The unemployed youth in Europe and petty criminals found emigration as a way to sustain themselves while moving away from the society that prejudiced against them on account of being criminals.

(b) The US has witnessed successive waves of immigration which is ongoing till date. No matter what the origin is, destination has been invariably the United States of America. Some to dodge persecution and many to pursue to the "American Dream". The origin of immigrants changed over time in the following way.

  • Initial immigrants in 19th century were largely from Western Europe. They were living in an unequal society with meagre economic opportunities and hence migrated.
  • The post war era saw immigration from Germany and Eastern Europe.
  • Late 1900's immigration began from Mexico and Asian countries.
  • And current lot comprises major immigrants from South Asian countries like India and Pakistan.

(c) Immigrants largely came in indivisual capacities without family. They were also in dire need of pursuing strenuous economic activities to sustain themselves. Some young migrants also had burden of dependents upon their shoulders. Thus, circumstances created for them pushed them into taking responsibilites and thus made them "instant adults" in the new land.

(d) The demarcation between substitute and complement immigrants are not very distinguished. The early migrants who were unskilled workers created a substitute market for native unskilled workers while they were complemets for the skilled professionals. However, with changing trends, current scenario is the of a largely substitute immigrant labour force. Highly skilled professionals from South Asia and Europe are known to displace native Americans from jobs. Thus, the recent wrath by US government on curbing immigration has been seen.


Related Solutions

This is for International economics, 3-5 sentences per questions should be enough. Please answer every question....
This is for International economics, 3-5 sentences per questions should be enough. Please answer every question. I don’t need the ones that are already on the Internet. 1. Explain the law of Comparative Advantage. 2. Describe some of the differences between tariffs and quotas? 3. What are some major trade problems faced by developing nations?
i need a essay about 2008-2009 economics in USA .. 3 pages thanks
i need a essay about 2008-2009 economics in USA .. 3 pages thanks
I just need question 2 & 3? Weighted Average Cost Method with Perpetual Inventory The beginning...
I just need question 2 & 3? Weighted Average Cost Method with Perpetual Inventory The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as follows: Date Transaction Number of Units Per Unit Total Jan. 1 Inventory 7,500 $75.00 $562,500 10 Purchase 22,500 85.00 1,912,500 28 Sale 11,250 150.00 1,687,500 30 Sale 3,750 150.00 562,500 Feb. 5 Sale 1,500 150.00 225,000 10 Purchase 54,000 87.50 4,725,000 16 Sale 27,000 160.00...
I JUST NEED ANSWER FOR QTN C AND QUESTION THREE (3) PLEASE. QUESTION 3 SHOULD BE...
I JUST NEED ANSWER FOR QTN C AND QUESTION THREE (3) PLEASE. QUESTION 3 SHOULD BE 3 POINT DISCUSSION WITH REMCOMMENDATIONS CASE 4–20 Ethics and the Manager, Understanding the Impact of Percentage Completion on Profit—Weighted-Average Method [Course Objective B] Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the...
I just need question three answered. Here is the answer to question 2 and 1 if...
I just need question three answered. Here is the answer to question 2 and 1 if you need it. https://www.chegg.com/homework-help/questions-and-answers/need-question-2-answered-paste-link-answer-number-one-answered-another-chegg-tutor-https-w-q46591079?trackid=UL8zNe1z Suppose that two teams (for fun, let’s call them the Domestic Shorthairs and Cache Cows) play a series of games to determine a winner. In a best-of-three series, the games end as soon as one team has won two games. In a best-of-five series, the games end as soon as one team has won three games, and so on. Assume...
I'm doing an assessment assignment of the lower extremities, I need 2 sentences for each question...
I'm doing an assessment assignment of the lower extremities, I need 2 sentences for each question listed below. There should be a total of 10 sentences. 1.Inspect LE for joint swelling/deformity 2.Inspect LE for range of motion 3. Assess for pain/tenderness 4.Checks LE push/pull bilaterally 5. Checks ambulation /Gait Logical sequence of exam (IPPA) and organization of assessment.
QUESTION 2 Fifty students are enrolled in an Economics class. After the first examination, a random...
QUESTION 2 Fifty students are enrolled in an Economics class. After the first examination, a random sample of 5 papers was selected. The grades were 65, 73, 80, 72, and 95 a. Calculate the estimate of the standard error of the mean. b. What assumption must be made before we can determine an interval for the mean grade of all the students in the class? Explain why. c. Assume the assumption of Part b is met. Provide a 90% confidence...
Responses may be 2-3 short sentences, diagrams, and/or equations as described in the question. What is...
Responses may be 2-3 short sentences, diagrams, and/or equations as described in the question. What is a principal plane and why is it important to determine its orientation?
I just need to understand Question 1 and 2. I just wanted to make sure I...
I just need to understand Question 1 and 2. I just wanted to make sure I did the revenue management right. Freedom Airlines recently started operations in the Southwest. The airline owns two airplanes, one based in Phoenix and the other in Denver. Each airplane has a coach section with 140 seats available. Each afternoon, the Phoenix based airplane flies to San Francisco with stopovers in Las Vegas and in San Diego. The Denver-based airplane also flies to San Francisco...
I just need to understand Question 1 and 2. I just wanted to make sure I...
I just need to understand Question 1 and 2. I just wanted to make sure I did the revenue management right. Freedom Airlines recently started operations in the Southwest. The airline owns two airplanes, one based in Phoenix and the other in Denver. Each airplane has a coach section with 140 seats available. Each afternoon, the Phoenix based airplane flies to San Francisco with stopovers in Las Vegas and in San Diego. The Denver-based airplane also flies to San Francisco...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT