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Medical Marijuana and Economics Essay.

Medical Marijuana and Economics Essay.

 

Medical Marijuana refers to the use of cannabis or marijuana, including constituents of cannabis, TECH and other cannabises, as a Hispanic-recommended form of medicine or herbal therapy (http:// definitions. Useless. Com). In modern times marijuana has been used more for its euphoric effect rather than for its use as a medicine. It’s because of this euphoric effect why governments worldwide have prohibited its use as a drug. Can the use of marijuana mitigate health issues? Will legalization better the economy?

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This paper argues that through the legalization of medical marijuana, not only will the lives of Jamaican people improve, the economy will as well. The term medical marijuana is elatedly new but the use of marijuana for medical purposes has been around for thousands of years. Clinical studies suggest the medical utility of marijuana for some conditions. These conditions include: Anorexia nervous; the fear of gaining weight. The patient conducts self-imposed starvation because they believe that they are too fat and expresses dissatisfaction with aspects of their physical appearance (Beau, 2011).Medical Marijuana and Economics Essay.

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Even though reports suggest the occurrence of eating disorders in Jamaica is low, medical marijuana has been known to relieve this stressful feeling by allowing he user to relax. Inflammation of the Joints, Arthritis and Dermatitis, inflammation of the skin. The use of medical marijuana can make patients less conscious of the daily discomfort. Alchemist’s disease or primary degenerative dementia, medical marijuana is taken for several reasons, to help the patient’s mood and as an anti-depressant.Medical Marijuana and Economics Essay.

The TECH in marijuana provides an improved therapeutic option for Alchemist’s disease by simultaneously treating both the progression of the disease and the symptoms. An estimated 40,000 Jamaican are suffering from Alchemist’s. Anxiety Disorder is an exaggerated feeling or sensation of doom and dread. Medical marijuana helps by relaxing the tension, as well as induces sleep and helps eliminate worry. “AIDS is a chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIVE). By damaging your immune system, HIVE interferes with your body’s ability to fight the organisms that cause disease” (The Mayo Clinic).

There is an estimated 32,000 persons in Jamaica suffering from HIVE. Medical marijuana helps persons suffering from depression caused by alienation due to unfair stabilization. Medical marijuana helps not only with mental issues but physical issues as well. Women suffering from Premenstrual syndrome (MS) can use medical Medical marijuana and economics By pretreatments suffering from a herniated disk and people suffering from Gout, can use medical marijuana to relieve stress and pain and to induce relaxation.Medical Marijuana and Economics Essay.

Most of these conditions are common to Jamaican. Today, although it is illegal in the country, marijuana cultivation is still very much alive and well. In fact, from all indications, it is perhaps at an all-time high. If medical marijuana is legalized, treatment to help errors suffering from these illnesses could be readily available; through the creation of medical marijuana facilities similar to those in Denver and San Francisco in the United States. In the early sass’s, Humboldt County, California was considered by most to be economically depressed.

Twenty Years later it began to flourish because the marijuana growers from the area spent money to support other businesses in the county (Rosenthal and Cubby, 2003). The growers of marijuana in Jamaica would now have a stable consumer base in the medical marijuana facilities. This will lead to hem supporting other businesses in Jamaica. If medical marijuana were legalized, the first economic effect would be the decrease in the price of the drug because of the elimination of the risk factor.

This decrease in price will allow the medical facilities to provide the drug cheaper and will also increase the demand for the substance. This could benefit the economy as people worldwide will start taking an interest, which could increase tourism in Jamaica. Medical facilities could be strategically located on the coasts, closer to the hotels, as to provide easy access. The second effect would be a new tax stream for governments, similarly to the taxes on cigarettes, liquor and other substances.Medical Marijuana and Economics Essay.

The manufacturing taxes, licenses and fees could generate billions of dollars in annual revenue for the government. These taxes and fees being only a part of the direct revenues generated by regulation. The indirect revenues would include taxes generated on sales of paraphernalia and from the development of recreational establishments in the new industry. The multiplier effect on the surrounding economies would resuscitate ailing communities, generate ewe income streams and would increase the governments revenue significantly if only from the collection of statutory deductions.

The third economic effect would be the creation of employment. The creation of this new industry would lead to the creation of Jobs. Based on the effect medical marijuana has had on the United States, Jamaica could possibly emulate its 1 million people being employed within the medical marijuana industry with registered sales in excess of IIS$25 billion dollars. The government could even implement special income tax rates for the people involved.Medical Marijuana and Economics Essay.

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Economics – Museum, State U and Private Hospital Essay.

Economics – Museum, State U and Private Hospital Essay.

 

With regard to a hospital, a state university, and a museum, define (a) a possible primary aim, or goal, of each, (b) some of the constraints under which they operate, and (c) the relationship of (a) and (b) to the study of managerial economics.

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Name of Firm Primary Goals Possible Constraints We, the San Pedro Hospital community of health workers commit to: Provide the best quality and compassionate health care services in satisfying all individuals with respect and reverence of their person; Deliver quality satisfying services expected of a training health care institution; and Financial constraints Ђ Hospital building capacity Availability of hospital devices to perform various tests. Ђ Availability of medicine for diagnosed illnesses Availability of doctors and medical specialist San Pedro Hospital Witness as a community the mercy and compassion of a loving God in the performance of individual and communal responsibility.Economics – Museum, State U and Private Hospital Essay.

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As a premiere Regional Center, the DNS shall: Vigorously pursue quality and relevant undergraduate programs equitably accessible to its clientele; Be an institution where workers/professionals in industry, teaching and other professions seek advanced studies to upgrade their impenitence; Be an institution where appropriate technologies are continuously generated, modified/ improved and utilized by the industry and the people; and Dave del Norte State College Promote entrepreneurial development Limited budget allocation from the government. Ђ Inadequate number of classroom and other school facilities. Inadequate number of qualified teaching professionals (Masters and Doctorate). Muses Debatable As an educational institution, the Museum shall take the lead in disseminating knowledge of Debatable cultural and historical heritage and developing a corps of repressions personnel knowledgeable about the preservation, enrichment and dynamic evaluation of the Debatable culture; and Limited budget allocation from the government. Limited display area for museum exhibits. Ђ Inadequate number of curator, tour guides and other museum personnel. As a cultural center, the Museum shall take the lead in the study and preservation of the City’s rich artistic, and cultural heritage, in the reconstruction and rebuilding of our past, and the development of the City’s cultural wealth Relationship of Goals and Resource Constraints Introduction Managerial Economics – Museum, State U and Private Hospital By roomier First, The study of the production, distribution and consumption of goods and services.Economics – Museum, State U and Private Hospital Essay.

This indicates that economics includes any business, nonprofit organization, or administrative unit Second, The study of choice related to the allocation of scarce resources. This establishes that economics is at the core of what managers of these organizations do. Managerial economics, which is a subfield of economics places special emphasis on the choice aspect in the second definition. The purpose of managerial economics is to provide economic terminology and reasoning for the improvement of managerial decisions.Economics – Museum, State U and Private Hospital Essay.

Resources (physical capital, labor etc. ) are very vital in the existence of every organization. It helps the organization accomplish its objectives. But in reality, resources are considered scarce and managers are faced with the challenge on how to allocate them on various activities of the firm to achieve its goals and objectives. Managerial economics helps managers decide on the allocation of scarce resources to achieve the firm’s objectives and goals. There are wow conceptual approaches in the study of economics: microeconomics and macroeconomics.

Microeconomics studies phenomena related to goods and services from the perspective of individual decision-making entities?that is, households and businesses. Macroeconomics approaches the same phenomena at an aggregate level, for example, the total consumption and production of a region. Microeconomics and macroeconomics each have their merits. Since the purpose of managerial economics is to apply economics for the improvement of managerial decisions in an organization, most of the subject material in managerial economics has a agronomic focus.

However, since managers must consider the state of their environment in making decisions and the environment includes the overall economy, an understanding of how to interpret and forecast macroeconomic measures is useful in making managerial decisions. San Pedro Hospital In order for the hospital to provide the best quality and compassionate health care services it must wisely allocate their resources which are primarily subject to financial constraints. The demand and supply for healthcare services has to be studied to determine whether the hospital’s facilities are enough to accommodate he needs of its clientele.Economics – Museum, State U and Private Hospital Essay.

The choice to expand hospital building, acquire hospital equipment and hire medical specialist needs managerial economics to ensure that decisions made increases the hospital’s potential to achieve its objectives. Dave del Norte State College As a government-owned institution, the school’s constraint is the limited budget allocation from the government. The school has to consider the demand and supply of educational services in deciding what undergraduate programs must be offered. Furthermore, there should be a study on the environment where the school operates ND consider factors which may affect the outcome of its decisions (I. . The implementation of K to 12 learning system). The effective deployment of school’s resources into different activities undertaken must be aligned with the achievement of its objectives. Muses Debatable A major resource constraint of the museum is the limited budget allocation from the government. Factors which may influence the demand for museum services (including price) and number of museums in the locality must be considered in hiring tour guides and curators. These managerial decisions must be consistent with the achievement of the museum’s objectives.Economics – Museum, State U and Private Hospital Essay.

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Occupational Health And Safety Essay.

Occupational Health And Safety Essay.

 

Though not being a health organization, Partek Company has very stringent and strict policies and rules related to the need to enhance high ethical and health standards. The company fully understand and appreciate the fact that employees are the most crucial and central organizational resource thus the need to efficiently and most effectively utilise them can never be overlooked. The company is fully committed to the existing health and occupational safety. Occupational Health and Safety

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The safety of the staff, subcontractors, and visitors to the organization’s premises or within the project sites are fully safeguarded with the core aim of ensuring that their healthcare and safety is fully taken care of. Provision of safety protective garments, helmets, and other related clothing is a constant responsibility that is always fulfilled at the Partek Company. To enhance maximum security and safety, in-depth analysis and survey of the working site is always undertaken before the actual project can proceed.Occupational Health And Safety Essay.

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This is crucial since it ensures that any possible health hazards are detected and corrective measures put into place. On the other hand, ones the safety mechanisms have analysed and various security loopholes identified, Partek always initiate various programs, through its team of technical expertise and partners, to ensure that all the possible security and health hazards are fully taken care of in time. Additionally, the senior company management has committed various crucial resources with the aim of ensuring that all the health and safety needs at the work station are adequately addressed.Occupational Health And Safety Essay.

Resources are allocated to the occupational health and measure of safety in order to ensure that the actual occupational standards and health mechanisms continue to be improved thus ensuring that the future safety needs and possible challenges are addressed in advance. Site Safety At Partek Construction Company, an occupational health and various safety (OH & S) strategy is used. The OH and S committee at the company aims to ensure that they indeed are in control in their effort to ensure that the necessary occupational health and W changes are fully implemented as per the requirements of the organization and stakeholders and shareholders.Occupational Health And Safety Essay.

The company’s OH and S committee helps, in their monthly meetings, to identify the various areas that deserve changes within the organization. Due to the operation and general business nature of Partek Company, site safety is always very critical and provision of any safety related information is always of paramount importance. It is evident that in the recent past, through the help of the employees on site, the senior management and the committee managed to identify various tools necessary to ensure that all the subcontractors and even employees are accorded the essential safety information needed while on site.Occupational Health And Safety Essay.

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Ways Technology Is Democratizing Healthcare Essay.

Ways Technology Is Democratizing Healthcare Essay.

Economists, politicians and social workers have been concerned about the aging Baby Boomer demographic for years. How long will they live? Will they have enough for retirement? What will healthcare under Medicare look like? But the current aging population crisis does not hold a candle to Millennials, the biggest generation since the Boomers. Projected to live over 100 years, this generation will have higher expectations for care and will test the U.S. healthcare system like never before.Ways Technology Is Democratizing Healthcare Essay.

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Luckily, the healthcare landscape is changing, with its nucleus shifting from hospitals and medical specialists to in-home solutions. Telehealth, for example, is projected to be a $343 million industry by 2020, according to by information and analytics firm IHS. There are also advancements in the “mHealth,” or health care supported by mobile phones and next generation startups that are using technology to get a deeper look inside the body.Ways Technology Is Democratizing Healthcare Essay.

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One of the companies making huge advancements in the consumer empowerment of healthcare is, which uses MRI scans to turn your body into an interactive experience through 3D body scan images. In the throws of health technologies, Marcus Foster, founder and CEO, recently outlined how tech will democratize the future of consumer healthcare.

1. Changing the healthcare mindset.

As the advancements made in healthcare via technological advancement continue to solve new and bigger problems, the entire landscape of health care is experiencing a culture shift. Everyone wants to be healthy.

Foster gives this analogy: “Traditionally, healthcare has always played defense. The entire industry tries to minimize negative outcomes. But in tech, we are used to playing offense. We are optimizing for the one touchdown. The future of the digital health industry is to get the defense (traditional healthcare) to switch teams to the offense (tech) for a more preemptive mindset.”

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2. Biohacking.

Biohacking, also known as DIY biology, is a trending social movement where individuals and organizations experiment to hack into our own human biology. Dave Asprey is particularly well known in the biohacking community for his. As you would imagine, this is also popular with the Silicon Valley crowd, which has labs like popping up, “the world’s first hackerspace for biology” located in the Valley.

“We all walk around inside our bodies all day, yet we have very little knowledge of what’s actually going on inside of them,” said Foster. Biohacking is a new outgrowth of the investigation into how our bodies work and how to optimize them. The being created by that community is already making an impact.Ways Technology Is Democratizing Healthcare Essay.

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3. Health tech is not just in wearables.

When Fitbit hit the market in 2008, people were addicted to the idea that they could so closely track their fitness. Since then, the market has become saturated with the latest wearables. However, that data is somewhat superficial.

“Wearables like fitness trackers have given people a very easy way to collect a lot of data about themselves. How useful some of that data is from a health perspective or even in terms of accuracy may be debatable, but regardless has created an appetite amongst consumers to measure and quantify more aspects of their lives,” says Foster.

As technologies become increasingly advanced, this trend will only get bigger and more devices will become available that allow us to track certain aspects of our lives.

Most changes to our bodies take a relatively long time to manifest themselves, which makes it difficult psychologically to connect behavior and reward. Quantifying our daily lives creates more short-term reward systems that encourage positive behaviors. Other technologies, like Klarismo’s MRI scanning technology, allow consumers to pinpoint where they lost fat or gained muscle and have a total online profile of their progress.Ways Technology Is Democratizing Healthcare Essay.

4. The inner body epiphany.

Many people are under the impression that visible fat is the most unhealthy and the first sign of poor health. This is the fat that lies just beneath the skin and causes stretch marks or cellulite. On the contrary, visceral fat, which is fat that encompasses vital organs deep in the body is most dangerous. Technology now allows people to see their inner body health.

“Known to cause insulin resistance and contribute to risk for Type 2 Diabetes, this is the fat we need to be analyzing to stay healthy,” says Foster. “Through MRI technology we can identify percentages of visceral fat, giving the consumer a picture of their internal makeup and what they really need to focus on.”

The profile Klarismo is able to create based on MRI scans sounds like Google Maps for the body — a virtual demonstration of what’s happening internally. Through analysis of organs, muscles, tissues and fat, it refocuses them on the most important parts of their health, versus simply aesthetics.

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5. Proactive healthcare.

The WHO estimates that 75 percent of the total world population live with at least one chronic condition and 50 percent with two or more. As such, the traditional healthcare model of “fix it when it’s broken” is not effective.

With the advent of health technology that consumers can use without engaging with medical professionals, healthcare is starting in the home and the office, not the waiting room.

It used to be very binary, you were either “healthy” or “sick.” But now people are starting to think about health more as a spectrum and the boundaries are more fluid, explains Foster. “Instead of aiming to feel ‘good enough’ or ‘not sick’, people are starting to ask why they shouldn’t feel as good as possible or amazing all the time.”Ways Technology Is Democratizing Healthcare Essay.

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