SOW 5106 Lecture Notes - Lecture 2: Making Money, Outsourcing, Flea Market
Document Summary
Largest group of hispanics in the u. s: mexican americans. 2nd largest group of hispanics in the u. s: puerto ricans. 3rd largest group of hispanics in the u. s: cuban americans. Many of them came in 2 large waves: Mariel boatlift 120,000 cubans left in 1980. 4th largest group in the u. s: haitian americans. 2nd largest minority group in the u. s: african americans. Only immigrant group that did not come here by their own choice. 8 years ago, miami"s unemployment rate was 13% Military industrial complex: funding for military, helping other countries. Ways to check the health of the economy: the unemployment rate/level with unemployment checks. Monthly unemployment rate: crime level (symptom, c. p. i- consumer price index. Checked every month: g. d. p- gross domestic product, p. c. i per capita index. Less = economy doing bad: stock market. Where all of the people can sell products. Capital= mooooney example is a flea market (no government regulation)
