2GPH T1W9: Taking a stand and justifying it! by Millennia Institute - English https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x To what extent should the state involve itself in the world of business? en-us 2021-03-07 17:44:07 UTC 2021-07-11 07:34:00 UTC hello@padlet.com Task MIpadlet02 https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1279080448 Start a new post and title it with your name.

You are to provide your stand for the given question and then formulate two topic sentences for the stand given. 

Once you are done, read your classmate's work and then rate their topic sentences accordingly.
* TS does not address the question at all.
** TS addresses one or two parts.
*** TS almost addresses all parts.
**** TS fully addresses all parts.
***** TS fully addresses all parts in style!]]> 2021-03-07 18:04:35 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1279080448 Calista Wong ⍟ ★ ☆ ✢ ✥ c9lista https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1285992367 Stand: While i agree that the profit maximising agendas of firms should have little role in influencing governmental politics, i disagree with the sweeping statement that business should have completely no place in politics, as the regulation and growth of businesses still remain a key aspect of any government’s ability to accomplish its foreign and domestic agendas.

TS 1) Those who fear corruption and nepotism argue that the profit-maximising agendas of businesses should never influence politics, as this can lead to inefficient and exploitative policies that aim to seek self-aggrandisement at the expense of social welfare.

TS 2) In order to seek key agenda of economic progress that is so highly regarded in our increasingly pragmatic world, governments have an incentive to work hand in hand with private enterprises

TS 3) It is the interests of governments to regulate selfish business practices such that they do not compromise the greater societal welfare

TS 4) It is Imperative that governments involves itself into businesses in order to achieve greater economic gains to strengthen the economy as as to makes the governance of the country more effective, allowing for the implementation of long-term policies that further the progress of the nation. 


]]> 2021-03-09 06:25:29 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1285992367 Zi Heng https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1285995168 The state should  involve itself in the world of business to a large extent.
The government should favor and incentivize businesses and their investments because businesses provide are the main source of jobs for the people and help contribute to the state's economy, therefore, the state should involve itself in  world of business.

In some instances, the involvement of the state could have a negative effect on the world of business. The involvement of the state may lead to the occurrence of government failure. This is because  the state may introduce policies which may lead to the wastage of resources which may make the problems existing in modern society worse.
 ]]> 2021-03-09 06:26:23 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1285995168 Elijah https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286018071 The state refers to the government of the country. The government  of the country must involve itself in the world of business.
1) Given the need for sharing of resources around the world, the federal government needs to cooperate with corporations to gain access to the resources the country lacks. 
2)Without the involvement of the government, important businesses that are lacking behind bigger businesses will be exterminated. This would lead to the bigger businesses forming monopolies in the economy and deprives society of entrepreneurship.]]> 2021-03-09 06:34:03 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286018071 Kathirvel https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286036373 Due to the function of the State in ensuring there is social welfare at all times, the state should involve itself in the world of business in order to provide essential goods or services so as  to make it affordable and accessible to everyone in the country. 

Since the State lack a profit motive,  it should not involve itself in the world of business due to the lack of cost efficiency which makes the spending of government funds not giving the maximum benefit to the people in the country.



]]> 2021-03-09 06:40:09 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286036373 Response - 1 Stand + 2 Topic Sentences about ‘To what extent should the state be involved in the world of business’ (Marvin) https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286040071 Stand : Free market economy can allow the country to prosper with some interventions in markets which supply goods which are detrimental and beneficial to the society . However , too much intervention in the world of business might displace market mechanisms and result in underconsumption/underproduction/overconsumption and overproduction . Hence , the state should involve itself in the world of business to a small extent

TS1 : The state should involve itself in the world of business by setting a Quota for demerit goods or taxing demerit goods which are often overconsumed or overproduced as a result of addictions or the costs that it can bring into the society , known as negative externalities . They should involve itself because the market might be buying or selling too much of such goods , which can harm people who are not involved in consumption and production options and protecting these people can ensure that any harm done is reduced

TS2 : The state should involve itself in the world of business by providing a subsidy for merit goods which are often underconsumed or underproduced as a result of imperfect information or the benefits that it can bring into the society , known as positive externalities . They should involve itself because the market might be buying or selling too less of such goods , which can put people who are not involved in consumption and production options at disadvantage when they do not receive enough of what is good for them and the provision of subsidy can ensure that merit goods are made more affordable for the society to consume

]]> 2021-03-09 06:41:23 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286040071 brandon irawantsfood https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286042705 the state should involve itself in the world of business to a minor degree.

1) minor state intervention is necessary to safeguard the rights and privileges of workers and employees, preventing them from being unceremoniously exploited by larger corporations and guaranteeing a certain degree of social welfare for the general population.

2) minor state intervention is also imperative to preclude complete monopolies in market sectors and allow for a fairer and more equitable environment for smaller emerging businesses to succeed.

minor intervention = influence and control the contexts in which the markets play but not regulate businesses and their activities]]> 2021-03-09 06:42:18 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286042705 [Shini] https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286045417
 Stand: Government involvement in the world of business is necessary and even beneficial for businesses and thus it is best for the state to be aware of the workings of an economy and its businesses so that it can intervene if necessary 

1. It can be argued that in a crisis or economic meltdown, the government is most apt to help businesses recover, thus necessitating government intervention in the economy 

2. Government intervention in the form of policies and subsidies are necessary to ensure lesser degree of economic disparity and greater equality and opportunities for all parties in an economy. 

3. Some governments, being profit-driven or influenced by socio-political factors, are liable to make decisions that will adversely affect the economy [as compared to businesses having the autonomy to  make their own decisions], thus the presence and control that a government has over the business world should be kept to a minimum.

]]> 2021-03-09 06:43:18 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286045417 Mika https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286049118 Stand: The state should involve itself in the world of business to a large extent as government intervention is crucial for both companies and individuals to thrive, but at the same time, some autonomy should be given to companies instead of complete government control.

Topic sentence 1: The government should gambit the export and import of trades of items such as water, to and from other countries  to ensure the citizens have a secure source of necessities even during times of shortage.

Topic sentence 2: Government officials should step up to impose laws and regulations which entail consequences for the mistreatment of employees in terms of wages by their employers, to avoid persecution of workers in both corporations and small establishments.]]> 2021-03-09 06:44:36 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286049118 Michelle https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286069298 i agree to a large extent as the involvement will be beneficial for the state and businesses 

Since the state is able to form policies and give subsidies. Without the involvement of the state, larger corporations will be thriving but smaller, local businesses will have troubles keeping up with the economy, so the state intervention ensures the fair distribution of resources, to aid these smaller businesses and give equal opportunities for the businesses.

however, the state should not involve itself too much in the world of business. The history and the politics of a state can cause business relations between countries to turn sour, affecting the effectiveness and the efficiency of the business, so the state should not involve itself largely in the world of politics.
]]> 2021-03-09 06:51:14 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286069298 Poh Shi Sien https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286069367 The state should intervene to a large extent as the advantages outweigh the disadvantages.

Ts1: The government should be involved in businesses by supporting them through methods such as subsidies and grants as businesses provides the majority of jobs and is the backbone of a country’s economic strength, which would benefit the country’s overall economic strength.

Ts2: The government should not intervene with businesses as it affects people’s freedom of choice, due to the governments power to control market prices and quantity supplied, affecting people’s choices and purchasing power.]]> 2021-03-09 06:51:16 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286069367 Siqi https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286073282 Stand-- the state should be involved in the world of business in a large extent.
TS1-- In order to maximize the social welfare and minimize the inequality in their society, governments should be involved in the world of business.
TS2-- Governments should take the role of managing the world of business as there are illegal transactions occuring.]]> 2021-03-09 06:52:27 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286073282 xy https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286076779 the state should involve itself to regulate the world of business.  

the state to be involved so that employees rights are protected. this ensures that they are not exploited. 

the state should be involved by providing support such as subsidies to businesses to overcomes inequality.
]]> 2021-03-09 06:53:30 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286076779 Jia Jia https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286094858 In my opinion, the state should, as much as possible, not interfere with the affairs of the world of business as it could potentially cause irreversible detrimental effects. State involvement in the world of business could cause businesses to retaliate in a way that eventually causes harm to both ends.

Business operators whose main objective is to make profit may not provide consumers with goods and services of quality if the government enforces policies that result in them making a loss.

The world of business should be managed by business owners who are expert in their fields because with the government’s involvement, the mechanism of the business world may disrupted, being more focused on the government’s priorities.
]]> 2021-03-09 06:58:56 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286094858 jazmine https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286132438 stand: the state should play an active role in the world of business, given the benefits they will bring to the country, but should lessen their control to allow fresh and new businesses to come to light.

topic sentences
1. The state should involve itself in the world of business to a large extent, since they have the ultimate ability to make their country conducive enough for businesses to thrive, allowing their own people to reap the benefits of higher standard of living.
2. The state should take a step back with their involvement in the world of business when their policies seem to limit the creativity and variety of the business ventures in their country, which could affect their appeal to potential investors as they attempt to be a vibrant economic hub.

]]> 2021-03-09 07:09:58 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1286132438 Joseanna https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1287617733 Stand - While the state should involve itself in the world of business to protect the welfare of the people, it should not be involve in every business.

TS1 - The government should provide support for businesses in order to ensure fairness and reduce inequalities. 

TS2 - The government should not involve itself in the world of business as it may cause more problems instead of helping.]]> 2021-03-09 14:13:29 UTC https://padlet.com/MIpadlet02/vhmvw9jyd57chr4x/wish/1287617733