Monday, December 30, 2019

The Museum Of Natural History - 1155 Words

Museums are information organizations, that is, they are about giving the most up-to-date information to their patrons. No matter how well their organization, commercially, is wrap it up that part of them remains the same. From the two museums that I visited, the Henry Ford Museum and the Museum of Natural History, are clearly about passing information to the patron. There are differences between them, however, it is the equivalences that I want to focus on as they are what bind them. The three areas of focus are community, academic outreach, and the stories they share. Creating a strong and vibrant community is important to museums. Dr. Ronquillo, a leader a Philippine Archeology museum, so elegantly wrote, â€Å"A properly planned community museum can express and elucidate the community s cultural wealth through the appropriate presentation and exhibition of their important natural and cultural heritage† (Ronquillo, 1992). It is the community that keeps generation after gene ration coming back to see the history that us humans, the earth, and beyond have gone through. The journey of information, for most, begins as a child during our time at school. For the Museum of Natural History, this is quite literal as the museum is a part of the University of Michigan culture. They have the mascot, the wolverine, College students are going in and out of there through the day. Most are heading to class or doing work-study, but a community is still present. But it is just not collegeShow MoreRelatedThe Natural History Of Museum : Nyc Natural History Museum1718 Words   |  7 PagesNYC Natural History Museum We All Have Wives There was a time when I thought a great deal about the alligators. I went to see them at the New York City Natural History Museum, and stayed for hours. I had noticed them first on a class trip I had taken with my poetry class. I was looking for characters when I spotted my first alligator grinning at me from under a spotlight. â€Å"That one looks real.† I said to a girl in pig-tails who was unimpressed by both the alligator and myself. â€Å"We are in a museumRead MoreThe Museum Of Natural History1242 Words   |  5 PagesIn March of 2010, the Smithsonian Museum of Natural History marked its 100th anniversary with the opening of the Hall of Human Origins exhibit. The Hall of Human Origins is comprised of information that takes museum-goers back in time to witness human development over the course of thousands of years and its impact on the world. For many, this exhibit serves as an environment that fosters learning, increases knowledge, and sparks interest in anthropic hi story. Yet for others, this exhibit sticksRead MoreThe Florida Museum Of Natural History1532 Words   |  7 PagesThe Florida Museum of Natural History is a government-sponsored museum that is incorporated into the University of Florida in the city of Gainesville. The museum was established by Frank Pickel, a professor of natural science at the Florida Agricultural College in Lake City, and was dedicated to understanding, preserving, and interpreting biological diversity and cultural heritage. The state of Florida formally assumed ownership of the museum in 1917 and established it as part of the state universityRead MoreThe Natural History Museum Of Los Angeles Essay2310 Words   |  10 PagesThe Natural History Museum of Los Angeles offers a surface level depiction of Mesoamerican civilization and culture. It excludes essential information and instead gives a shallow representation that offers implications of a barbaric civilization. To start off, a Natural History Museum is usually a place where the public can visit to obtain knowledge on the history of the earth and its inhabitants. Much about people’s culture and customs is found in a Natural History museum, especially peopleRead MoreThe American Museum of Natural History: Anthropology1866 Words   |  8 PagesThe American Museum of Natural History: Anthropology The American Museum of Natural History has many exhibits that demonstrate many aspects of anthropology. The Museum is located on Central Park West between W81st and W77nd streets. The museum is an excellent place to open oneself to many new ideas and cultures. When looking through the museum the exhibits that are anthropological could enhance ones understanding of a culture. The museum is very big and a lot of time is needed to get the mostRead MorePhotography And The Carnegie Museum Of Natural History1218 Words   |  5 Pageshand with each other. Therefore, obviously, the main topic is Sociology in Photography and how to build solidarity with subjects and the audience. I also found this to be an interesting topic because just last night I went to the Carnegie Museum of Natural History where I got to hear 6 of 11 women photographers from National Geographic speak about their work and they talked a lot about like understanding their subjects and how to build solidarity with their subjects before they photographed them andRead MoreThe Life Of The Smithsonian National Museum Of Natural History897 Words   |  4 Pages At the Smithsonian National Museum of Natural History there is an exhibit called â€Å"Eternal Life in Ancient Egypt†. This exhibit focuses on Egypt’s past with important and interesting artifacts related to burial techniques and religious beliefs. The most simple answer to why it is important to understand the way people lived in the past is that we can’t truly know ourselves until we understand where we came from. This essay will analyze the exhibit to show what it’s telling us and why it is soRead More The American Museum Of Natural History: Anthropology Essay1870 Words   |  8 Pages  Ã‚  Ã‚  Ã‚  Ã‚  The American Museum of Natural History has many exhibits that demonstrate many aspects of anthropology. The Museum is located on Central Park West between W81st and W77nd streets. The museum is an excellent place to open oneself to many new ideas and cultures. When looking through the museum the exhibits that are anthropological could enhance ones understanding of a culture. The museum is very big and a lot of time is needed to get the most out of it. The following exhibits that demonstrateRead MoreEssay about Exploring The Natural History Museum2058 Words   |  9 PagesThe Natural History Museum is extraordinary place to explore and learn. It’s fun and breathtaking. The museum served as an agricultural fairground from 1872 until 1910. The original structure of the building from the 1913 and today’s structure are combined with a blend of many styles. Like a Spanish Renaissance ornamentation in the terracotta trimmings. There is a Romanesque style in the arched windows and the brick walls. The Beaux-Arts tradition is a T-shape floor plan. The building measures 75Read MoreMy Visit to the American Museum of Natural History Essay3048 Words   |  13 PagesThe three Halls that I visited at the American Museum of Natural History were: Halls of the Pacific Peoples, Northwest Coast Indians and Asian peoples. All of these Halls were distinctly different from each other, although I enjoyed viewing all three, my favorite Ha ll was that of Asian Peoples. Of special interest was the Hall of Northwest Coast Indians, since I was able to witness and play in my head, a reel of the transformations it has gone through since the time of Franz Boas, as described

Sunday, December 22, 2019

Essay on Exploiting Music Publishing Copyrights - 2391 Words

Music Publishing Essay Over the past fifty years, the British Music Publishing industry has undergone dramatic changes. It has evolved as an entity with innovations in technology, changes and creations of laws and new mediums to promote and exploit songs to a wider audience. Therefore, the way in which the music publishing industry operates and exploits its assets has completely transformed, and continues to do so at a rapid pace. This paper will attempt to explore the ways in which publishers exploit song copyrights and the way in which this has changed over the past 60 years. It is important to define what is meant by copyright and its role within the industry. The Performing Right Society website states: â€Å"Copyright†¦show more content†¦It is vital for a publishing company to register with all relevant collection societies, who would obtain royalties in the territory they operate in. In the United Kingdom, a music publisher will typically assign its rights to the Performing Right Society, who would collect all the public performance royalties on the publisher’s behalf. This is lucrative for publishers, as any space that is open to the public wanting to use music must acquire a public performance license. The ways in which intellectual property has been exploited through public performance over the past 50 years have significantly changed. During the 1960s, the BBC monopolized the radio industry with national and regional programs, until the emergence of offshore pirate radio. This caused the BBC to rename its stations and reintroduce local radio in order to counter the success of the illegal stations. 1973 introduced commercial radio, which saw a large increase of stations and shows available. This had a big impact on music publishing companies, as they could access a much wider audience through the larger range of outlets to exploit their songs, and subsequently receive performance royalties. Radio expansion has increased throughout the years with the introduction of DAB radio, and internet radio stations. Furthermore, the expansion of televisionShow MoreRelatedThe Intellectual Property1052 Words   |  4 Pagessaid â€Å"At its best, sampling benefits society by creating a valuable new contribution to modern music literature. At its worst, sampling is vandalism and stealing†. Half-way between creativity and plagiarism, sampling is a controversial issue in the music industry and the infringement of copyright. In this assignment I’m going to be discussing copyright and intellectual property rights in relation to the music industry. The Statute of Anne, was the first form of law that protected intellectual propertyRead MoreMusic Copyright : An Individual Or Group Of Musical Creators1530 Words   |  7 PagesMusic copyright is the right to exclusively reproduce original music or works of an individual or group of musical creators. This right is granted by the Australian Law. This gives the writer a legal control of his or her original work, meaning, the subject can dictate how it should be used and distributed. The music author therefore has the right to take legal action upon anyone who uses the work without permission. (Christie 2012 np) Copyright infringement on the other hand is violation of thisRead MoreThe Musician, Technology And Copyright Laws1274 Words   |  6 PagesFor the musician, technology and copyright laws are some of the most beneficial aspects of their profession. In fact, technology has assisted musicians in distributing, listening to, and performing music. Those ways can also help the music ian academically or financially. Compared to centuries ago, the musician can now distribute music in various ways, not just by paper. Nevertheless, copyright laws came into existence in the sixteenth century as well, have also benefited the musician. Over time theseRead MoreThe Sound And Music Industry2233 Words   |  9 PagesThe Sound and Music Industry Introduction The sound and music industry is large and complex and always changing, and it would be impossible to cover all parts to it in one article. So this piece is going to focus on four of the key areas of the industry – live performance, record companies, music publishing and artist management – to see how they have developed and how they now operate, and to analyse how they are facing current challenges and what their future is likely to be. Live performance DueRead MoreThe Sound and Music Industry15531 Words   |  63 PagesASSIGNMENT TITLE: The Sound and Music Industry Reference No: Dennis Tuckerman Tutor: Adam Morris Assessor: Date Set: 10/09/07 Completion Date: 18/11/07 Learning Hours: 60 Unit no Unit Title(s): This project assesses the following module Outcome(s)/Assessment Criteria: 39 The Sound and Music Industry 1 Assignment BRIEF: This assignment will introduce different areas of the music industry and should on completion, provide an overview of the ‘bigger picture of the industry as aRead MoreThe Sound And Music Industry3031 Words   |  13 PagesThe Sound and Music Industry UA1 Section 1 Copyright and Publishing: Music publishers are companies responsible for the development of new music and the business that comes with it (royalties), thus freeing songwriters and composers to focus their time and attention on their creative work. Publishers collect royalties and administer copyrights on behalf on an artist when their songs are used, including on the radio, on television, in a film score (synchronisation) or when another artist coversRead MoreMUSI 1002 Notes2546 Words   |  11 PagesStandardization Popular music standardized: 1. Number of types immediately recognizable 2. Small number of structures 3. Small number of components to each song that’s interchangeable (ex.Intro,verse,chorus etc) Pseudo-individualization The type of variation between standardized products Surface changes (rhythm), not basic structure (chord progressions, verse, chorus) If pop music is standardized, why doesn’t everything sound the same? High vs Low culture Serious vs. Popular music Differences: Read MoreThe Chinese Music Industry’s Plight and Future4413 Words   |  18 PagesThe Chinese Music Industry’s Plight and Future At first thought, some people, including myself, would not include the music industry as part of the grand macroeconomic development blueprint. Yet music not only represents an essential part of our modern lifestyle, but also exists as a key stimulus to economic growth. Nevertheless, following the advent of the internet, rampant piracy and lack of copyright protection led the Chinese music industry into the darkest period it has ever seen. Song Ke,Read MoreTraditional Media vs. New Media Essay examples2605 Words   |  11 Pagesthis further, it can be easily said that the Internet has offered people a chance of expressing themselves, communication and a blank canvas, which encourages individuals to explore and develop their own creativity. Whether it is vlogging or making music or videos, the Internet allows for individualism to flourish from which new trends have emerged. One of these increasingly popular trends is the new wave of social networking: Figures from a survey on digital media consumption showed that time spentRead MoreEnvironmental Analysis Strategy Development for Emi Music3511 Words   |  15 Pages The online music market is a highly competitive market which has exploded with a large number of competitors in the recent years. Players such as iTunes, Napster and AmazonMP3 dominate this market with revenues being made by all players in the market exceeding US$4.2 billion in 2009 (http://www.ifpi.org/content/library/DMR2010.pdf). The online digital music download market currently consist of 400 legal music services engaged in providing 260 types of products which include music, videos, mastertones

Friday, December 13, 2019

Philosophy and Empire in Ancient China Free Essays

The late Zhou period of, also known as the Age of a Hundred Schools of thought, was a turbulent era in Chinese history. Although these schools all contended against each other, they had the same basic goal. To unify China. We will write a custom essay sample on Philosophy and Empire in Ancient China or any similar topic only for you Order Now The three most influential schools of thought that existed were Confucianism, Daoism, and Legalism. Although ultimately it was legalist principles and methods that ended the Period of the Warring states, through the eyes of the Confucian thinkers, Qin Shihuandi’s legalist policies may have been a harsh and overtly utilitarian way of unifying China. Confucianism is a school of thought that developed from one mans want for a more â€Å"moral way † of ruling. Kong Qiu, as he was named before history posthumously named him Kong Fuzi which was later â€Å"Latinized into Confucius, was born into an â€Å"aristocratic but impoverished family â€Å". His experience with rituals of his native state of Lu in Northwestern China, led him to embark upon a â€Å"14 year period of wandering with his students â€Å". Confucius traveled to various small courts attempted to convince their leaders to adopt his philosophies of life and government. He hoped his ideas would return China to a â€Å"state of harmony and justice â€Å". Confucius later returned to his home and remained teaching, believing himself a failure, until his death in 479. In actuality he was far from a failure. His ideas spread throughout the kingdom and played a profound role in shaping Chinese civilization. We must remember that the School of a Hundred thoughts took place during the Period of the Warring states. This was a particularly turbulent period of history where philosophers were trying to come up with anything they could to bring peace and confident rule to China. Many thinkers, such as Confucius, looked to the past to provide examples of for improvement. The past, especially the Zhou dynasty, was largely mythicized and believed to be a â€Å"Golden age of harmony and prosperity â€Å". Confucius believed the Sage kings had it essentially right. A ruler should be like a father figure to his people and lead by example, not by fear. Confucius also drew upon other age-old Chinese virtues such as filial piety or xiao, a moral humanity or ren, and ritual courtesy or li. Confucian thought emphasizes the principle that humans are generally moral creatures and are â€Å"by fact, obliged to comport themselves humanely and with integrity. While Confucianism preached preached a â€Å"doctrine of benevolent reform † based on the virtues of the past, Legalism contrarily emphasized a strict utilitarian regime. Leaders in legalist thought, realized that with the extreme disorder of their present day, new and drastic measures were necessary. For a governing body to succeed, it would depend on a effective system of rewards and punishments. To ensure his power, the ruler had to keep his officials in line with strict rules and regulations and his people obedient with predictably enforced laws. Shang Yang, Han Feizi gathered that the base of a state’s strength was its armed forces and its agriculture. They then tried to dissuade people from being merchants, scholars, philosophers, or artists because these careers did not â€Å"advance the interests of the state â€Å". Legalist’s imposed a strict regime with clearly and strictly defined laws and expectations. Failure to comply even to the most negligible of laws resulted in severe punishment. Legalist thought was that this fear of their leaders would inspire compliance with the laws that govern the state as a whole. Although the harsh ideals of the legalist school of thought may have later been smoothed out by adopting certain Confucian ideas, they originated as vastly different systems. We can see the legalist polices that Sima Quian recorded in his expansive history of China as they were enforced by Qin Shihuandi. Confucians such as Mencius would have likely disagreed with this style of rule. There are many discrepancies we can see when comparing Sima Quian’s writings and the Analects recorded by students of Confucius. Qin Shihuangdi had a tower built on Mount Langya with clear inscriptions for his people to live by. One inscription reads † Great are the Emperor’s achievements, men attend diligently to basic tasks, farming is encouraged, secondary pursuits discouraged. It is made clear that the â€Å"great emperor † wants to suppress his peoples desires to pursue anything but â€Å"basic tasks † that serve the greater good. This would sound preposterous for a Confucian thinker. How can the people build a better society if they are dissuaded from education? They may be forced to build walls or fight wars for the Emperor. Confucians did not believe in â€Å"governing with decrees and regulating with punishments â€Å". They believed that the â€Å"people will evade † their forced work and will have â€Å"no sense of shame â€Å". They believed the better way to govern would be to lead by virtue and example. Whereas Qin Shihuangdi may promote a crooked aristocrat to oversee the building of walls, a Confucian would promote an â€Å"upright â€Å"citizen who was knowledgeable and educated. While the crooked man may punish insubordination with violence to scare others into working, the straight man would â€Å"preside over them with dignity, [and his people] will be reverent; if [he] is filial and loving. His subordinates would want to work for a man who believes in them and they would encourage each to work harder through their respect for one another. â€Å"As for sageness and humanity, how dare i claim them? But to learn it insatiably and instruct others indefatigably-that much may be said of me, that is all†,† humbly stated master Confucius. Humility also must have had a different meaning for Qin Shihuangdi as he was quoted â€Å"in his sagacity, benevolence and justice to have said: â€Å"I humbly propose that all records but those of Qin be burned. If anyone who is not a court scholar dares to keep the ancient songs, historical records or writings or writings of the hundred schools, these should be confiscated and burned†¦ Those who in conversation dare to quote the old songs and records, should be publicly executed, those who use old precedents to oppose the new order should have their families wiped out. This is a stark contrast to the Confucian beliefs that were composed of many older ideals. Confucians studied ancient texts such as the Book of Documents, and the Book of Songs. The ideals they upheld emphasized the importance of education which came in part from these ancient texts. How was a man to educate himself and raise his family out of poverty without an education. As Confucius says â€Å"If he learns, he will not be benighted â€Å", or ignorant of the rituals that make a virtuousin shi. In a legalist China, where â€Å"no evil or impropriety is allowed† and where â€Å"kinsman care for each other â€Å", people who were often held to the principle of collective responsibility. All family members were expected to observe others closely, â€Å"forestall any illegal activity† and report it. Even if it was against their own family or community members. If there were such people who knew â€Å"of such cases but [failed] to report them, [they] should be punished in the same way. This also is a far cry from the benevolent practice of xiao. In fact, it is fundamentally opposite of the superior teachings of Confucius. Whereas legalist theory believes that children who rebel against their wrongdoing parents will grow to be upstanding citizens, Master You states that â€Å"those who are not apt to defy their superiors, but are apt to stir up a rebellion simply do not exist. † Although this is only a theory, I would say that it should hold more water than Qin Shihuangdi’s. If the state practices â€Å"filial piety and brotherly obedience†¦ [being] the roots of humanity†¦ and the government conducts itself â€Å"with [a] virtue likened to the North Star † one could surmise that it would be a fairly pleasant society to live in. Also inscribed upon Qin Shihuangdi’s stele was the phrase, â€Å"The common people know peace and have laid aside weapons and armor; kinsmen care for each other, there are no robbers and thieves: men delight in his rule. † A Confucian might believe this to be quite an exaggeration for to them there were no â€Å"common † people. Only people who should be treated how you yourself would like to be treated. In a society of people who are more encouraged to cultivate their own knowledge, and attainment of skilled judgement there would be less of a need for strict rules and guidelines as the people should conduct themselves according to the virtues and morals they have attained through education. The utilitarian procedures of legalism were largely responsible for the general lack of education among the common people of China. As a opinionated Confucian scholar under the reign of Qin Shihuangdi, I would be one of the people getting together to â€Å"slander the laws † and practices set in place by my legalist ruler. While might be able to agree that a legalist doctrine was responsible for building a unified state with a large-scale political organization that established a tradition of centralized imperial rule, i could speculate that China may have been a very different place had more Confucian values been implemented. As evidenced by the rule of Shang Yang, legalist politics were successful simply through the fear they instilled in the common people. While road work and agriculture was flourishing throughout the dynasty, so was unrest. Shang Yang was quickly executed upon the death of his patron, his body mutilated and his family annihilated. In the case of Qin Shihaungdi, there were many who welcomed the stability his reign brought, yet still many outspoken scholars, philosophers and others who criticized his regime. As the First Emperor didn’t want his people to be confused with the old teachings of scholars, he demanded that the books be burned and had hundreds of scholars executed. We may never know what China would be like had more of the Confucian teachings survived but i believe that their history might be a little bit less bloody. How to cite Philosophy and Empire in Ancient China, Papers

Thursday, December 5, 2019

Quantitative Analysis Gross Domestic Product

Question: Discuss about the Quantitative Analysis Gross Domestic Product. Answer: Introduction: The gross domestic product (GDP) is the macro economic indicator that indicates the collective value of goods and services produced/render by a country in a fiscal year. It is also known as the national output. On adjusting the figures of gross domestic product for inflation, real GDP is arrived at. Thus, the real GDP is nothing but just the GDP adjusted on account of inflation (McTaggart, Findlay, and Parkin, 2012). The growth in real GDP reflects the overall prosperity of the country and not of the individuals. Further, the gross domestic product can not be used in measuring certain items which are crucial in evaluating standard of living such as health and life expectancy. Additionally, it does not take into account inequalities in the income distribution (McTaggart, Findlay, and Parkin, 2012). GDP an Unreliable Measure of Standard of Living: Further, the measurement of living standard of the people can not be based on any single factor. The gross domestic product could be one factor to evaluate the living standard of the people; however, it can not be the sole factor. Apart from gross domestic product, there are other factors such as unemployment rate, inequality of income distribution, poverty rate, life expectancy, and health which also are crucial in evaluating the living standard of the people (Avramov, 2002). Thus, concluding about the living standard of the people based on only GDP would be unreliable. Using GDP in conjunction with other factors to measure living standard of the people could present reliable results (Avramov, 2002). The unemployment is defined as the situation of an economy in which job seekers are greater than the available job opportunities. This implies that when the demand for labor is outpaced by the supply, the situation of unemployment is developed. In Australia, the prevailing aggregate unemployment rate has been found to be 5.70% (Australian Bureau of Statistics, 2016). Factor Causing Unemployment to Rise: There can not be any one factor attributable for rising unemployment in the country rather it is the combined impact of various factors taken together. The most crucial among those factors are age distribution, scale of structural changes, real wages rates, and unemployment benefits. It is quite common to observe that countries having young people as the large proportion of the population faces challenges to increase employment opportunities (Avramov, 2002). In this case, if the increase in employment opportunities is outpaced by the increase in the young age population, the problems of unemployment are sure to arrive. Further, the change in technology at large scale fills up the demand of worker by bringing modern machines into processes. The live examples of unemployment caused due to the technological developments at the large scale are the countries such as India and China. It has been observed that low wages rates cause the unemployment rate to go high (Avramov, 2002). Unavoidable Unemployment: In certain situations, the unemployment becomes unavoidable. For instance, cyclical unemployment is caused due to cyclical changes in the economy which are unavoidable (Avramov, 2002). Every economy in the world has to go through the cycles of recession and depression once in the life time. As the economy is grabbed by the recessionary conditions, the problems of unemployment are doomed to arrive. Price level in respect of goods and services is the average of current prices of goods produced or services rendered, taking the country as a whole. The rate of inflation shows increase or downfall in the average prices of the goods or services in the current period as compared to the previous period. Relationship between the Level of Prices and Inflation: Inflation is measured with reference to the prices of goods and services. The rise in prices of goods and services indicates rising inflation (Hubbard et al., 2014). The computation of inflation is made based on the average prices of goods and services, therefore, it could be said that rise in average prices of goods and services indicates rise in the rate of inflation. As the inflation increases, the value of currency goes down. The decrease in the value of currency implies that fewer goods could be bought now with the same amount of money. There several reasons which cause the inflation to arise. The economics agree among themselves that all factors that cause sudden increase in demand or increase in the cost of production contribute to inflation. It could be decrease in interest rate that may cause inflation to rise. This is because, the low interest rates makes the borrowing cheaper, which pushes the demand of goods and services upside in the market (Hubbard et al., 2014). The de mand goes up, which causes the producers and sellers to raise the prices up and the increased prices of goods and services ultimately culminates in high inflation. The simple demand curve depicts relationship between the demand of goods and the prices of such goods. On the vertical axis, the prices of goods are presented and horizontal axis is tagged with the quantity demanded. In case of aggregate demand curve, the important thing to note is that the quantity demanded does not relate to any specific item rather it is aggregate quantity of all the goods produced in a country (Arnold, 2007). In the same way, the price of goods and services is also reflected by GDP of the country. The aggregate demand (AD) curve slopping downward is shown below: The inverse relationship between the price and demand causes the demand curve to slope downward; however, it is important to understand as to which factors cause changes in price level of the goods and services. The aggregate demand curve slops downward which is considered due to three major reasons such as wealth effect, interest rate effect, and net exports effect (Arnold, 2007). The wealth effect relates to supply of money. When the price level rises up, the government shrinks the supply of money due which buying power of the buyer goes down. The decrease in the buying power of the buyer brings the demand down. Another factor is the interest effect. The government increases interest rates to control spending. The controlled spending causes reduction in the demand of the goods and services. Further, the position as regards net exports is also crucial to know as to why the aggregate demand curve slopes downward (Arnold, 2007). The aggregate supply curve reflects the quantity that all the firms and producers within a country are willing to sell at a give price level. The quantity is plotted on the vertical axis of the curve while the price levels are shown on the horizontal axis. The long term aggregate supply curve is drawn assuming that all the factors of production change and no factor remains constant or fixed (Mankiw, 2014). A chart depicting long run aggregate supply curve is shown below: Further, assumed that there are only three factors such as capital, labor, and technology having bearing on the aggregate supply in the long run. This means that the aggregate supply in the long run is affected by only these three factors. Other micro factors including price do not affect the demand. This assumption is also one of reasons which cause the aggregate supply curve to go vertical. The change in labor at a large scale or change in the technology would cause the production to go up or down, which will cause the aggregate supply curve to shift. However, the changes in these factors at a large scale are seen rarely. This is the reason why the aggregate supply curve remains vertical in long run (Mankiw, 2014). This is due to the reason that increase in the prices in short run is not accompanied by the increase in cost in parallel. Therefore, the producers find it profitable to increase supply on increasing the prices of goods in the short run causing the aggregate supply curve to slope upward (Mankiw, 2014). References Arnold, R.A. 2007. Economics. Cengage Learning. Avramov, D. 2002. People, Demography and Social Exclusion. Council of Europe Hubbard, R.G., Garnett, A.M., Lewis, P., and O'Brien, A.P. 2014. Macroeconomics. Pearson Australia. Mankiw, N.G. 2014. Principles of Macroeconomics. Cengage Learning. McTaggart, D., Findlay, C., and Parkin, M. 2012. Macroeconomics. Pearson Higher Education AU. McTaggart, D., Findlay, C., and Parkin, M. 2012. Macroeconomics. Pearson Higher Education AU. Australian Bureau of Statistics. 2016. Labor force Australia November 2016. [Online]. Available at: https://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0 [Accessed on: 03 January 2016].