Lobster: A Poor Man’s Food Evolves into a Wealthy Man’s Food :: Essays Papers

Lobster: A Poor Man’s Food Evolves into a Wealthy Man’s Food When do natural products become a delicacy? They become a delicacy when they become harder to find in their natural setting. This is what happened to the lobster and how the demands of the consumers changed. During Colonial times, the status of lobster was much different than today. It was once considered a poor man’s food. Now, it is considered a delicacy and found in many fancy dishes and at most higher priced restaurants. Today, lobster prices are high. If you want to eat a good lobster, you have to pay a decent price for it. The change in status of lobster occurred when the supply of lobster started to become depleted. As the sources of lobster were being depleted the demand increased in wealthier markets. This occurred because wealthier people could afford the higher prices created by a shrinking supply. The supply of the lobster population is what influenced the changing demands of the consumers. When settlers first came to America, lobster was considered a poor man’s food. The lobsters were so abundant at that time that many people felt that they were competing with them for space on the shore. The settlers felt that the lobster had no nutritional value. At that time both Native Americans and settlers used the lobster as fertilizer for their fields and as bait to catch other fish. Lobster was so disdained that it was given to prisoners, indentured servants, and children. This was such a common practice that in Massachusetts many servants and prisoners had it put into their contract that they could not be fed lobster more than two times a week. In the end, new technological innovations caused the disappearance of cheap lobster. Traps and smack boats were two technologies that greatly influenced the depleting lobster population. Lobstering changed from a hunting and gathering activity for local subsistence into a prosperous business enterprise. It became a business because fishermen were now trying to fill the demands of the consumers. The New Englanders were suddenly using lobster as a way to earn an income. New technologies helped them catch more lobsters to sell to more people. One of the new technologies invented was the use of traps to get the lobsters.

Difference between internationalization and globalization Essay

What is the difference between the phases of internationalization and of globalization? Internationalization and Globalization are two terms that are often assimilated and sometimes used as synonyms. This is a mistake because these terms have many differences, starting with the time they began to occur. Internationalization started as part if the Industrial Revolution between 1870 and 1914, whereas globalization is a post 1960’s phenomenon. Other differences between these two terms include their impact on firms, on global trade, and on society and culture. First of all, while globalization is often used to describe the change in the world economy to a more liberal and interdependent system, internationalization refers more narrowly to the activity of firms on an international scale and the resulting impact of their decisions. Internationalization is, for example, a European firm trying to export its product overseas, and the causes and the consequences of this act. A firm trying to standardize its products on an international scale is also considered as internationalization. Secondly, many recent advances in technological fields such as communication and transportation have helped globalization increase worldwide trade and investment. The beginning of this ‘free-trade’ era started when the Soviet Union was defeated by the United States, and the end of the Cold War. This helped many organizations such as the WTO (World Trade Organization) or the IMF (International Monetary Fund) support free markets, making the economy less state dependent. These organizations have helped to create a more globalized economy by the creations of TNCs (Transnational Corporations). This resulted in the rapid and successful industrialization of some nations (NICs) and on a different way of dividing production worldwide (NIDL). On another hand, internationalization did not really globalize the economy but rather promoted the activity of a nation and its companies internationally. A typical example would be signing a trade or investment contract with another country (or countries) to install good economic relations between them.

Looking Back at the Middle Ages - 1485 Words

The Middle Ages where a significant time period with important political, social, religious and economic events, which have shaped history since that time, and the world today. One such event that has affected the politics of the Middle Ages and now was the signing of the Magna Carta. Secondly, was the Black Death (also known as the Bubonic Plague that affected the religious, social, and economic aspects. An event that affected the religious and economic aspects were the Crusades. There was also the rise of the Ottoman Empire which affected the social, political, and economic aspects.Finnally, there was the Hundred Years war that affected the political aspects. The Magna Carta was one of the most significant events of the Middle Ages. The Magna Carta was a list of rights written by England nobility that was signed by King John in A.D. 1215.() The Magna Carta was written in because many barons and nobles grew tired of King John fighting and losing many wars, which weakened England financially.(World History: Medieval and Early modern times, Page 342)They listed what they wanted in The Magna Carta. Although King John did not want to sign the Magna Carta, the barons and nobles forced him to. Why was the Magna Carta important? The Magna Carta was important because it was the first constitutional text. () The Magna Carta was also an example of the U.S constitution. Infact, some ideas that were in the Magna Carta can be seen in the U.S. constitution. The Magna CartaShow MoreRelatedMiddle Childhood. Middle Childhood Is Where My Passion1009 Words   |  5 PagesMiddle Childhood Middle childhood is where my passion for students is. Middle childhood ranges from 6-11 years old kids. 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