1. What is the frontier thesis? What role does Turner argue the frontier has played in American history? The frontier thesis is the argument advanced by historian Frederick Jackson Turner in 1893 that expresses how the idea of the frontier‚ as the meeting point between savagery and civilization‚ influenced the American culture by promoting individualistic democracy. He explains that expansion to the American West changed people’s views on their own culture. 2. Trace the process which turner
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When America comes to mind‚ you usually think of freedom or opportunity. That was exactly what the frontier provided. The frontier came to symbolize America for numerous of reasons. The frontier gave everyone opportunity’s including black‚ female‚ or even deprived white. With the westward expansion‚ you were allowed to build your own empire no matter your primary status. Especially with the Homestead Act now in place‚ it made the West very promising. The Homestead Act was an act that assured 160
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Threat of New Entries New entries to the industry threaten to limit the profitability of established competitors (Porter‚ 2008‚ p.3). One luxury that commercial casinos have is that there are significant barriers to entry‚ namely high capital requirements. Because of this‚ threats to the industry have historically been few and far between. But thanks in large part to increasing popularity and technological advancement‚ new competition in the gambling industry has emerged in the form of Native American
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The definition of the efficient frontier says that “the efficient frontier represents the set of portfolios that has the maximum rate of return for every given level of risk‚ or the minimum risk for every level of return.” I plotted standard deviation on x axes and Returns on y axes to interpret efficient frontier. Exhibits also include these and the graphs you asked for as graph2: In our study‚ we concentrated on the optimal portfolios‚ the one which has the lowest volatility or risk‚ for given
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The Western Frontier The romanticism of the west employed the frontier as the outer edge of the wave meeting “between savagery and civilization.” To historians‚ a frontier is “is not a lining of marking the start of an empty place but a zone of interaction where two or more societies vie for the use of land.’ In the “frontier thesis”‚ Frederick Turner describes the frontier as “gradually peopled.” However‚ the congress in 1862 funded the transcontinental railroad‚ the union pacific‚ and
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unusable. This would help conserve the grass cover and soil integrity. 2 Grass banking is a technique where cattle are allowed to graze on portions of land while others are allowed to recover. I would suggest the technique that they used in the Malpai Borderlands where overgrazing has trampled the soil and scattered tree seeds where the grasses had dominated. I would suggest working with government agencies‚ environmentalists‚ and scientists to help with bringing back the grazing land. The 500‚000 acres
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La Malinche When I first read about La Malinche I did not know who or what she was and as I started to read I learned that she was first a slave. She became a slave for Cortes. She was offered to him as a slave by the Cacique of Tabasco‚ along with 19 other young women. Cortes discovered that he could not communicate with the Indians. That night he was recommended to him that one of the women given to him in Tabasco spoke Spanish. When he found out that could speak Spanish. At that point in
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Question 2 Show the PPF curve under decreasing and increasing returns to labour. The Production possibility frontier analyses the most efficient use of company resources to achieve different levels of production of output. Labour is one of the variables factors of production. One unique feature of the PPF is that one alternative is usually foregone in order to maximize the production of another product‚ for example‚ in a refinery a manager may decide to deploy more human resources to produce
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News and Politics In the 1920’s The five years (1920-1925) chosen are exciting. There were presidents elected‚ one dying in office‚ baseball was still the national pastime‚ a major political scandal‚ and there were new inventions everywhere! Although all of the events can be listed in chronological order and described as news‚ the 1920’s had many exciting firsts. In telling about them‚ it seems to be better not to put them in any order. That makes them more interesting. That makes
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the Production Possibility Frontier is simple to understand. It is a method used to represent (in the form of a graph) the point in which an economy is producing its goods and services with efficiency. It also shows whether the economy is allocating their resources in the best way possible. If the economy is not producing the quantities indicated by the PPF‚ resources are not being managed efficiently and the production will decrease. The production possibility frontier also shows that a limit to
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