Topic 5: Social & Economic Goals

Document ActivityDirections:• Identify the goal that best fits the

image• Explain why you think that goal fits

the image• Explain to what degree each goal is

being met or not being met by the government

Document #1U.S. Inflation RatePast Trend Present Value & Future ProjectionYoY Change In CPI. Percent.

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Obama says jobs bill to help small-business owners

WASHINGTON — President Barack Obama says small-business owners especially will benefit from a jobs bill awaiting his signature.

Obama was signing the bill Thursday at the White House.

In prepared remarks, Obama said many small businesses are on the fence about whether to hire new workers, but tax incentives in the jobs bill should make the decision that much easier.

The White House released Obama's remarks ahead of a signing ceremony in the Rose Garden.

The Senate passed the bill Wednesday with 11 Republicans among the 68 senators who voted to send it to the president. The bill includes about $18 billion in tax breaks and pumps $20 billion into highway and transit programs.

Copyright © 2010 The Associated Press. All rights reserved.

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Gulf Oil and Gas Ensuring Economic SecurityEdited by The Emirates Center for Strategic Studies and Research

In recent years, geopolitical disruptions, tightening oil supply, refining constraints and rising demand have combined to maintain high oil prices, allowing Middle East oil producers to capitalize on the resulting revenue windfall. However, formidable challenges for long-term production loom ahead: Can Gulf oil producers allay the supply security concerns of major consumer nations? How will limitations in crude quality and constraints in refining capacity impact on global energy markets? How can OPEC maintain reasonable oil prices in the face of exhaustible oil supplies and inexhaustible global demand? How will growing non-OPEC production affect OPEC’s predominant market position in the future?

Gulf Oil and Gas assesses the vital energy issues: the globalization of the gas trade, trends in crude quality; cooperation between consumers and producers; links between national and foreign oil companies; future demand for Gulf energy; prospects for augmented Gulf production; sustainability of Saudi Arabia’s excess capacity; concerns over oilfield security; imperatives for attracting investment and the need for additional oil refining capacity. For the Gulf producers, ensuring economic security means going beyond petroleum resource management to formulate policies leading to diversified national development and greater economic cohesion while safeguarding the region’s strategic position in an integrated world economy.

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Capital: Human (intelligence/skills); Financial (Money); Physical (tools, equipment, buildings/factories)

Entrepreneurs: “Risk Takers” – people who risk savings in order to gain a profit; increase competition by bringing new g/s to the market; lower prices

Land: Consists of any natural resources (raw materials; land for people to build homes/offices; trees, oil)

Labor: Fluctuates (growth/decline; life expectancy; work skills) and can impact an economy’s productivity

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