Politics of the Middle East - Final Exam Essay Example | Topics and Well Written Essays - 3750 words

Politics of the Middle East - Final Exam - Essay Example There is the observance of the Five Pillars of Islam including Observation of the Holy month of Ramadhan, the giving of alms, prayer, five times a day, the belief in Allah, and Mohammad as his Messenger, and the pilgrimage to Mecca. Both the majority Sunni, and the minority Shia, are in agreements as to the above Islamic essentials, hence a unique way of life is espoused through clothing code, gender socialization, the adherence to the above Five pillars amongst others. Fundamentally so is the Kingdom’s guidance through the Hanbali School of jurisprudence (Fiqh) that being present in existent pre-modern texts provides principals that are rooted in the literal interpretation of both the Quran and Hadith, in addition to being predominantly Sunni. Nonetheless, judgment is often divergent from other previous ones, as Saudi law provides judges with the powers to apply personal interpretations of the Sharia Law (jurisprudence), as principally guided by the above two Books. Apart fro m the above is the presence of royal decrees, these being the other chief source of law and governance. These decrees, supplement existent Sharia Law in such realms as commercial, labor and corporate law. Of importance, though to a lesser degree are existent traditional tribal customs and laws rooted in the traditional aspect of the Saudi people. It is worthwhile to note that the Saudi population is deeply rooted in its divergent ancient-urban traditions that are organized along tribal and clan identities such as the nomadic Bedouin tribal communities (Niblock 56). The existent Sharia court system primarily constitutes the Kingdom’s basic judicial system and processes, with its judges and lawyers forming part of the Kingdom’s Ulema, the religious leadership. In existence also, are extra-Sharia government tribunals, primarily set up to handle royal decree-related disputes. Of fundamental importance, is the final judicial appeal directed towards the King, who through Sha ria Law provides the final procedural measures. However, there exists criticism of the Kingdom’s judicial (justice) system specifically pertaining to its slow, arcane nature, which espouses a lack of some safeguards requisite in this modern era. The judiciary’s top echelon, comprising of mainly the older generation of Ulema, is ultra-conservative posing a hindrance to the Kingdom’s modern interrelationships with the global society. Like a majority of its Arab League neighboring states, the Kingdom is endowed with both oil and gas mineral resources. In fact, it is the leading exporter of crude oil primarily located in the Eastern Province, with oil accounting for roughly 95% of the Kingdom’s exports, in addition to 70% of government revenue (Schlesinger 75). Thus, through these vast oil revenues, the Kingdom, just like a majority of its oil-exporting neighbors, has utilized the same towards rapid modernization, hence promoting a sort of welfare state. Thro ugh its privatization of a majority of its critical industries, such as telecommunications and power/ energy, the government continues to promote economic growth. Through increased oil prices, from 2008-2009, have triggered a second oil boom, akin to that of 1981, with current per capita income being calculated at $7,400; inflation being factored in. Being

Physician Query Essay Example | Topics and Well Written Essays - 750 words

Physician Query - Essay Example HOSPITAL COURSE AND TREATMENT: The patient was admitted and started on Lovenox and nitroglycerin paste. The patient had serial cardiac enzymes and ruled out for myocardial infarction. The patient underwent a dual isotope stress test. There was no evidence of reversible ischemia on the Cardiolite scan. The patient has been ambulated. The patient had a Holter monitor placed but the report is not available at this time. The patient has remained hemodynamically stable. Will discharge. Please review the documentation in the patient medical record on the Discharge Summary (appended as Annexure II) to ensure coding compliance and accuracy. You are requested to address the query, include the missing information and return the query (duly dated and signed). The query form will become a part of the physician’s documentation in the patient’s medical record. INTERVENTIONS: A developmentally appropriate, group-oriented therapy program was the primary treatment modality. The attending psychiatrist provided evaluation for and management of psychotropic medications. The clinical therapist facilitated individual, group, and family therapy. COURSE IN HOSPITAL: The patient was in the hospital from 06/11/09 until 07/13/09. The most prominent symptoms and behaviors while the patient was here were the following: Perceptual disturbances, strange thoughts, he was suspicious at times, at some point he was complaining of audiovisual hallucinations. He was quiet showing a flat affect, irritable, anxious and depressed moods, tearful at times, homesick, limited interaction with peers. He was attending groups, however, was showing limited participation. He was superficial, not really working too much on her issues, more focused on how soon she was going to be discharged more than working on her issues. He stated "strange feelings and sensations". The patient has shown some improvement in general. However, he is not completely stable yet, and he

Approaches of New Criticism Essay Example for Free

Approaches of New Criticism Essay A literary movement that started in the late 1920s and 1930s and originated in reaction to traditional criticism that new critics saw as largely concerned with matters extraneous to the text, e.g., with the biography or psychology of the author or the works relationship to literary history. New Criticism proposed that a work of literary art should be regarded as autonomous, and so should not be judged by reference to considerations beyond itself. A poem consists less of a series of referential and verifiable statements about the real world beyond it, than of the presentation and sophisticated organization of a set of complex experiences in a verbal form (Hawkes, pp. 150-151). Major figures of New Criticism include I. A. Richards, T. S. Eliot, Cleanth Brooks, David Daiches, William Empson, Murray Krieger, John Crowe Ransom, Allen Tate, F. R. Leavis, Robert Penn Warren, W. K. Wimsatt, R. P. Blackmur, Rene Wellek, Ausin Warren, and Ivor Winters. Archetypal/Myth Criticism A form of criticism based largely on the works of C. G. Jung (YOONG) and Joseph Campbell (and myth itself). Some of the schools major figures include Robert Graves, Francis Fergusson, Philip Wheelwright, Leslie Fiedler, Northrop Frye, Maud Bodkin, and G. Wilson Knight. These critics view the genres and individual plot patterns of literature, including highly sophisticated and realistic works, as recurrences of certain archetypes and essential mythic formulae. Archetypes, according to Jung, are primordial images; the psychic residue of repeated types of experience in the lives of very ancient ancestors which are inherited in the collective unconscious of the human race and are expressed in myths, religion, dreams, and private fantasies, as well as in the works of literature (Abrams, p. 10, 112). Some common examples of archetypes include water, sun, moon, colors, circles, the Great Mother, Wise Old Man, etc. In terms of archetypal criticism, the color white might be associated with in nocence or could signify death or the supernatural. Psychoanalytic Criticism The application of specific psychological principles (particularly those of Sigmund Freud and Jacques Lacan [zhawk lawk-KAWN]) to the study of literature. Psychoanalytic criticism may focus on the writers psyche, the study of the creative process, the study of psychological types and principles present within works of literature, or the effects of literature upon its readers (Wellek and Warren, p. 81). In addition to Freud and Lacan, major figures include Shoshona Felman, Jane Gallop, Norman Holland, George Klein, Elizabeth Wright, Frederick Hoffman, and, Simon Lesser. Marxism A sociological approach to literature that viewed works of literature or art as the products of historical forces that can be analyzed by looking at the material conditions in which they were formed. In Marxist ideology, what we often classify as a world view (such as the Victorian age) is actually the articulations of the dominant class. Marxism generally focuses on the clash between the dominant and repressed classes in any given age and also may encourage art to imitate what is often termed an objective reality. Contemporary Marxism is much broader in its focus, and views art as simultaneously reflective and autonomous to the age in which it was produced. The Frankfurt School is also associated with Marxism (Abrams, p. 178, Childers and Hentzi, pp. 175-179). Major figures include Karl Marx, Terry Eagleton, Fredric Jameson, Raymond Williams, Louis Althusser (ALT-whos-sair), Walter Benjamin (ben-yeh-MEEN), Antonio Gramsci (GRAWM-shee), Georg Lukacs (lou-KOTCH), and Friedrich Engels, Theordor Adorno (a-DOR-no), Edward Ahern, Gilles Deleuze (DAY-looz) and Felix Guattari (GUAT-eh-ree Postcolonialism Literally, postcolonialism refers to the period following the decline of colonialism, e.g., the end or lessening of domination by European empires. Although the term postcolonialism generally refers to the period after colonialism, the distinction is not always made. In its use as a critical approach, postcolonialism refers to a collection of theoretical and critical strategies used to examine the culture (literature, politics, history, and so forth) of former colonies of the European empires, and their relation to the rest of the world (Makaryk 155 see General Resources below). Among the many challenges facing postcolonial writers are the attempt both to resurrect their culture and to combat preconceptions about their culture. Edward Said, for example, uses the word Orientalism to describe the discourse about the East constructed by the West. Major figures include Edward Said (sah-EED), Homi Bhabha (bah-bah), Frantz Fanon (fah-NAWN), Gayatri Spivak, Chinua Achebe (ah-CHAY-bay) , Wo le Soyinka, Salman Rushdie, Jamaica Kincaid, and Buchi Emecheta Existentialism Existentialism is a philosophy (promoted especially by Jean-Paul Sartre and Albert Camus) that views each person as an isolated being who is cast into an alien universe, and conceives the world as possessing no inherent human truth, value, or meaning. A persons life, then, as it moves from the nothingness from which it came toward the nothingness where it must end, defines an existence which is both anguished and absurd (Guerin). In a world without sense, all choices are possible, a situation which Sartre viewed as human beings central dilemma: Man [woman] is condemned to be free. In contrast to atheist existentialism, SÃ ¸ren Kierkegaard theorized that belief in God (given that we are provided with no proof or assurance) required a conscious choice or leap of faith. The major figures include SÃ ¸ren Kierkegaard, Friedrich Nietzsche, Martin Heidegger, Jean-Paul Sartre (sart or SAR-treh), Albert Camus (kah-MUE or ka-MOO) , Simone de Beauvoir (bohv-WAHR) , Martin Buber, Karl Jaspers (YASS-pers), and Maurice Merleau-Ponty (mer-LOH pawn-TEE). Structuralism Structuralism Structuralism is a way of thinking about the world which is predominantly concerned with the perceptions and description of structures. At its simplest, structuralism claims that the nature of every element in any given situation has no significance by itself, and in fact is determined by all the other elements involved in that situation. The full significance of any entity cannot be perceived unless and until it is integrated into the structure of which it forms a part (Hawkes, p. 11). Structuralists believe that all human activity is constructed, not natural or essential. Consequently, it is the systems of organization that are important (what we do is always a matter of selection within a given construct). By this formulation, any activity, from the actions of a narrative to not eating ones peas with a knife, takes place within a system of differences and has meaning only in its relation to other possible activities within that system, not to some meaning that emanates from nature or the divine (Childers Hentzi, p. 286.). Major figures include Claude LÃ ©vi-Strauss (LAY-vee-strows), A. J. Greimas (GREE-mahs), Jonathan Culler, Roland Barthes (bart), Ferdinand de Saussure (soh-SURR or soh-ZHOR), Roman Jakobson (YAH-keb-sen), Vladimir Propp, and Terence Hawkes. Post-Structuralism and Deconstruction Post-Structuralism (which is often used synonymously with Deconstruction or Postmodernism) is a reaction to structuralism and works against seeing language as a stable, closed system. It is a shift from seeing the poem or novel as a closed entity, equipped with definite meanings which it is the critics task to decipher, to seeing literature as irreducibly plural, an endless play of signifiers which can never be finally nailed down to a single center, essence, or meaning (Eagleton 120 see reference below under General References). Jacques Derridas (dair-ree-DAH) paper on Structure, Sign, and Play in the Discourse of the Human Sciences (delivered in 1966) proved particularly influential in the creation of post-structuralism. Derrida argued against, in essence, the notion of a knowable center (the Western ideal of logocentrism), a structure that could organize the differential play of language or thought but somehow remain immune to the same play it depicts (Abrams, 258-9). Derridas critique of structuralism also heralded the advent of deconstruction thatlike post-structuralismcritiques the notion of origin built into structuralism. In negative terms, deconstructionparticularly as articulated by Derridahas often come to be interpreted as anything goes since nothing has any real meaning or truth. More positively, it may posited that Derrida, like Paul de Man (de-MAHN) and other post-structuralists, really asks for rigor, that is, a type of interpretation that is constantly and ruthlessly self-conscious and on guard. Similarly, Christopher Norris (in Whats Wrong with Postmodernism?) launches a cogent argument against simplistic attacks of Derridas theories:

Illy Ground Coffee Marketing Analysis

Illy Ground Coffee Marketing Analysis Nowadays, Illy can be characterised as one of the leading producers of high quality ground coffee in the coffee manufacturing industry. Illy has entered the coffee sector in 1933 by Francesco Illy, and in 1990s had its most important innovation, which began to look for the best coffee in Brazil, Africa, Central America and Asia (italtrade.com, 2010). It is based in Italy with a workforce around 700 people and operates in a wide range of global network (Datamonitor, 2009). Illy ground coffee can be used in all methods of coffee preparation and especially for espresso machines. The product comes in various forms of medium roast, dark roast and decaffeinated. While medium roast is about a smooth flavour mixed with aromatic bits of caramel and chocolate, dark comes to enrich the flavour with notes of cocoa (illy, 2010a). Similarly to medium roast, decaffeinated contains aromatic flavour of caramel and chocolate with reduced caffeine (illy, 2010a). Within the industry, Illy is known as an innovation pioneer, as it focuses on coffee perfection rather than creating something trendy and seductive. Achieving â‚ ¬280 million with net profits of â‚ ¬8 million, Illy succeeded by attaining 54% of total sales through exportation (illy, 2010b) The country and coffee market attractiveness PEST Analysis Regarding Morisson (2006), PEST analysis can assist the business in building up the best possible knowledge of the external environment in which the company is planning to operate in, so as to avoid costly mistakes. Therefore, an analysis has been carried out and can be viewed in Appendix 1 below. Upon reflection, the most important key environmental influences of PEST analysis have been considered and highlighted below: Economic Events: The recent global recession had directly affected the industry where people buy only essentials products, as their incomes have been decreased (Euromonitor, 2010a). Regulations: Legislations that the law establishes can directly affect the industry. Taxes and business regulations are rather heavy, making it hard to conduct business (Euromonitor, 2010a). Globalisation: Globalisation can be characterised as one of the most powerful factors that have changed the conditions and situations of the world economies, and especially for businesses (BBC, 2010). The reduction of national boundaries and the freedom of companies to transport is also important factor of change. Grounds Coffee Market Analysis McLoughlin and Aaker (2010) suggest that an examination of the market can assist to determine its current and future attractiveness. Even in the negative impact of recession, the Turkish coffee industry has shown a positive growth. Statements show that during the last years, ground coffee had a 5% increase in volume sales with the total of 33.6 TL million which is expected for a further 4% increase until the end of 2014 (Euromonitor, 2010a). With Nestle controlling 61% of the markets share and coffee unit prices increasing in recent years, the market has as consequently shown a positive growth (Euromonitor, 2010b). Considering the distribution channels, the market includes various ways of supply such as restaurants, bars, cafes, stores and so on. Competitive Analysis In order to identify the attractiveness of an industry, Johnson et.al (2008) argues that the five forces framework is a helpful tool for such a process. Thus, a Porters five forces Analysis has been carried out in Appendix 2. From the analysis summary, we can see that even with its growing direction, the coffee industry can be defined as an industry where brand loyalty is of major importance to the existence of a business. A strong emphasis is required in order to achieve good customer relationships and market share over the current competitors. In addition, the threat of new entrance is still high even throughout strong competitive conditions that exist in the market. Finally, the threat of substitutes is high as new alternative products can satisfy the need of coffee. Tea and hot chocolate are the major players for substitutes. Buyer Analysis Nowadays, competition has become stronger than other decades. Therefore, creating a good understanding of the potential customers (Buyer Behaviour) can be a vital tool for the company to get one step ahead of the competition. According to Euromonitor (2010a), ground coffee has been punched by the instant coffee where its sales are increasingly becoming much more than ground coffee, with young people preferring the more convenient method of instant coffee. On the other hand, older people insist on the traditional ground coffee. In addition, people try to get a cup of coffee mostly from bars, restaurants and coffee shops rather than to drink at home during every season of the year, while during winter; the consumption of coffee usually has a higher demand. 3) Opportunity Statement Casson and Buckley (2010) defines opportunities as the advantageous position that products, services, raw materials and methods include in order to increase company profits in the new market. 4) Marketing Objectives Brassington and Pettit (2006) suggest that objectives are important drivers of what the companys marketing strategies must be able to achieve. Following SMART concept (Specific, Measurable, Achievable, Realistic, Time able), Illys main business objective is to manufacture and market products in such a way as to create a value that can be continued over the long term from stakeholders (Hollensen, 2010). Another important aspect of marketing objectives is the brands reputation that the company must achieve in the new market. A smart and long-time promotion with the combination of customer satisfaction can lead to the brand awareness and to profitable sales. The company can understand the significance of loyalty where illy must build on that as without loyal customers the company would not exist. As a consequence of customer loyalty, customers are willing to buy more from the same brand/company. Therefore, the company must be prepared to establish a wide range of coffee ground selections (MindTools, 2009). In addition, illy must manage to maintain its promise to follow and respect all applicable local laws in each of its potential markets.

Medienrecht in Deutschland :: essays research papers fc

1.  Ã‚  Ã‚  Ã‚  Ã‚  Einleitung Die folgende Hausarbeit befasst sich mit dem Urheberrechtsgesetz bzw. mit den darin enthaltenen Leistungsschutzrechten, in der Literatur auch Nachbarrechte oder verwandte Schutzrechte genannt. Die Rechte der Urheber und damit auch die Rechte der Leistungsschutzberechtigten wurden in den letzten Jahren, aktuell durch die Urheberrechtsnovelle von 2003 sukzessive ausgeweitet. Damit wurde der Durchsetzung moderner Kommunikationsmittel in allen Lebensbereichen und dem gewachsenen Gewicht der Kulturwirtschaft Rechnung getragen. Mit den Leistungsschutzrechten wird nicht der Werkschà ¶pfer geschà ¼tzt, sondern solch eine Leistung, die in einem mehr oder weniger engen Zusammenhang mit der Werkschà ¶pfung steht. Im ersten Teil meiner Arbeit werde ich die Rechte und die Leistungsschutzberechtigten charakterisieren, um dann jeweils auf die einzelnen geschà ¼tzten Gruppen und ihre Rechte einzugehen. Im weiteren Verlauf werde ich auf die Ansprà ¼che der Berechtigten eingehen, um abschließend den Blick auf die Zukunft des Urheberrechts und den damit verbundenen Leistungsschutzrechten zu richten. 2. Entstehung des Urheberrechts und der Leistungsschutzrechte Das Urheberrechtsgesetz hat sich aus dem Gesetz betreffend das Urheberrecht an Werken der Literatur und der Tonkunst (LUG) von 1901 und dem Gesetz betreffend das Urheberrecht an Werken der bildenden Kunst und Photographie (KUG) von 1907 entwickelt. Die erste Fassung des Urheberrechtsgesetzes (UrhG), wie wir es heute kennen, trat am 9.9.1966 in Kraft. In den folgenden Jahren war die Entwicklung des Urheberrechtssystems eine sehr dynamische, was sich in mehr als 20 konsolidierten Fassungen bis zum heutigen Tag niedergeschlagen hat. Die letzte große Änderung des UrhG war die Urheberrechtnovelle von 2003. Die Leistungsschutzrechte haben sich im Laufe der Entwicklung des Urheberrechts herausgebildet, und dies besonders seit der Konferenz von Rom zur Revision der Berner ÃÅ"bereinkunft, die 1928 stattfand. Es wurden immer mehr auch Leistungen als schutzbedà ¼rftig angesehen, die zwar keine Werkschà ¶pfung im Sinne des Urheberrechts darstellten, aber dennoch einer schà ¶pferischen Tà ¤tigkeit entsprangen. Besonderen Auftrieb fà ¼r die Gesetzgebungsarbeit an Leistungsschutzrechten gab das Internationale Abkommen à ¼ber den Schutz der ausà ¼benden Kà ¼nstler, der Hersteller von Tontrà ¤gern und der Sendeunternehmen, das sogenannte Rom-Abkommen vom 26.10.1961. Hierbei muss beachtet werden, dass es kein Leistungsschutzrecht im Sinne eines umfassenden oder einheitlichen Rechts gibt, vielmehr handelt es sich um die Summe einzelner, getrennt abtretbarer Befugnisse. 3. Charakterisierung der Rechte und der Leistungsschutzberechtigten Die Auswahl der Leistungsschutzberechtigten scheint mehr oder weniger willkà ¼rlich. Nur die  §Ã‚ § 71, 73, 81 UrhG sehen vor, dass ein urheberrechtlich schutzfà ¤higes Werk verwertet wird. Die à ¼brigen Leistungsschutzrechte haben zwar hà ¤ufig, jedoch nicht unbedingt die Verwertung einer Werkschà ¶pfung zum Gegenstand. Auch die durch die  §Ã‚ § 70 ff. geschà ¼tzten Leistungen unterschieden sich: Werden durch die  §Ã‚ § 73 ff.

Of Mice And Men :: essays research papers

â€Å"Of Mice and Men† At the starting of the story, two men named George Milton and Lennie Small are trying to get to a ranch in Salinas Valley, California. George is the leader of the two men, because of Lennie’s small size. George is filled confidence while Lennie is a simple man with a big heart. On account of Lennie they got kicked out of town called Weed, up North. Leenie is a type of guy that is not very bright and gets frightened and confused really easy. Petting animals and picking up things that are interesting to him. Lennie and George decided to go the pool hall one night. There was a girl there that got Lennie’s eye. She was wearing a bright red dress. It interested Lennie and he grabbed her sleeve and wouldn’t let go. The girl was full of fear because some stranger wouldn’t let go of her dress. He held it tighter and tighter and wouldn’t let go. After that night he found out that the girl was pressing charges against him. Every day the police were on the look out for Lennie. But George and Lennie escaped from the town by hiding in a ditch until nightfall. After the night of lying in a ditch Lennie and George started to hitchhike. They hitchhiked all the way to Salinas Valley, California. They got there the next day which was their destination. This is the ranch where they started working. They met an old man of the name Candy. He had been working there for many years. A couple minutes later an anther guy walked in named Curly. He was the boss’s son. He was very hostile to the new people. George thought that he would do something to Lennie in the future. George informed Lennie never to talk to Curly’s wife cause he knew he would get in trouble. That night Candy’s dog had puppies, which one was given to Lennie. He went every night to pet his new dog. The next night one of the workers persuaded Candy about his dog and telling him that he should kill him so he didn’t have to suffer. They killed the dog because of its old age, which was the best thing to do. After Lennie watching the dog being killed he asked George about what their plans were again for the future of them. George repeated it and said as soon as we get enough money we will buy a house with a few acres of land, and a few animals.

Price Floors and Price Ceilings

Kristen Fowler Economics April 16, 2012 n   Price Controls: How efficient are  price ceilings and price floors? If you think one is better than the other, make sure to bring up examples from our economy to validate your stand. Price ceilings and price floors are essential aspects of our economy. Price ceilings are government enacted laws preventing suppliers from establishing prices of key resources higher than a certain price, which is set by the government. Price floors are price minimums that can be charged for a good or service.These price controls are put in place in order to maintain an affordable lifestyle and protect consumers from suffering form unfair inflation. However, when not executed properly, price controls can become ineffective. Price ceilings are enacted in order to benefit consumers. Price ceilings prevent businesses from charging unfair prices. For example, if only one seller has access to a certain product that is a necessity to consumers, without a price ce iling they have the ability to charge an outrageous price. Price ceilings also assist in keeping the cost of living reasonable in the case of high inflation.If prices rise faster than incomes do, people will be unable to maintain a comfortable standard of living. However, when enacted out improperly price ceilings can have a negative outcome. It is important that price ceilings are set above the market price. If a price ceiling is set below the market price, it will result in a shortage. An example of misuse of price ceilings is when a price ceiling is established on a product in which the price is thought to be too high; however a more efficient means of solving this problem would be to increase production.An ineffective price ceiling is one that is set above the market equilibrium price. The product is already selling for much lower than the price ceiling, so unless the price greatly increases, the price ceiling serves no vital purpose. Price floors are a government imposed limit of how low a price can be for a good or service. I do not believe that there should be a price floor set on products or services, and that the law of supply and demand should determine the pricing of products. However, a necessary price floor our government has in place is minimum wage.Minimum wage is essential because if employers were able to pay employees as little as they want, workers may not be able to afford the cost of living. Although minimum wage is beneficial to the people, it is also beneficial to the government as well. By setting a minimum wage, the need for public assistance decreases. Setting a minimum wage also encourages consumption. If people just have enough money to pay for their basic needs, they will not have money to spend and put back into the economy.The effectiveness of price floors greatly depends on where it is set in respect to the market equilibrium price. If the price floor is set underneath the market equilibrium price, it has no effect since the con sumer is already paying a higher price. This price floor will not be effective unless the market price decreases. A price floor will make a direct impact on the market if it is set above the market equilibrium price. By setting a higher price floor, you are ensuring that more products can be made, however there are negative results as well.Consumers will recognize that they are now paying a higher price for the same product, which may lead to less consumption, directly leading to a surplus. This idea holds true in the example of minimum wage as well. If the minimum wage rate is set too high, more unskilled workers will enter the labor force, and less employers will be willing to pay this rate leading to less hiring. Therefore setting the minimum wage rate too high will directly lead to increased unemployment. http://smallbusiness. chron. com/advantages-disadvantages-price-ceiling-25210. html