Should the Chinese Government Ban the Internet Censorship Free Essays

Qing Yuan ESL114 Section G Ryan Salvador May 3, 2012 Should the Chinese government ban the internet censorship? Since the birth of internet, people have been bombarded with different kind of information every day. Internet is a network that connects the data of different private computer networks and organizational computer groups from people or organizations around the world (Merriam-Webster Dictionary). As a result, people are looking forward to having access to any kind of websites of their interest, and receiving the latest information about what is happening around their countries or around the world. We will write a custom essay sample on Should the Chinese Government Ban the Internet Censorship? or any similar topic only for you Order Now However, things cannot be as perfect as expected. It is noticed by many people that many countries have set barriers to the internet in their own areas. China, which has the largest population of web users among the world, has created the most advanced surveillance system for internet monitoring (Rohde, 2011). The system is known as â€Å"Great Firewall†Ã¢â‚¬â€also called â€Å"the Golden Shield Project†, and is designed to sift out pornography and commercial frauds, but simultaneously blocks certain search terms for the government’s own purposes (McDonald, 2012). However, nobody is satisfied to be a frog in a well which can only perceive scenario above the wellhead but nothing beyond. So the internet censorship has provoked a fierce controversy in the society. Many people including some groups of experts argue for humans’ equal rights to know true and latest resources of information around them. The Chinese government should no longer conduct their censorship program because every person has the right and freedom to know what is going on around them. If the Chinese government insists on this project, people would be trapped in a vicious cycle because the continuity of information blocks would affect the next generation which doubles its effect on people’s ignorance and it would do nothing but fool its own people. First, in China, people’s words online are carefully inspected which means people do not have the freedom to say what they want, but rather only what are permitted by the Chinese government. According to a study by the Language Technologies Institute at Carnegie Mellon University in Pittsburgh, more than 16 percent of all messages which are posted by web users in China are considered â€Å"unqualified† and get deleted (McDonald, 2012). The Chinese government explained to the media that the â€Å"Great Firewall† sifted out words or names that it evaluates as politically odorous. However, due to the matter of fact, it is not that reasonable, but rather private contains emotions of the government. For example, Sina Weibo, a most popular micro blogging site in China whose users surpassed 300 million, is required to inspect those bloggers whose have more than 100,000 followers (McDonald, 2012). If there are any posts that disobey the government’s rules must be deleted within five minutes. â€Å"295 terms with a high probability of being censored,† said the Carnegie Mellon team. So words like â€Å"Tibet†, â€Å"Dalai Lama†, â€Å"Ai Weiwei† (outspoken artist), â€Å"Liu Xiaobo† (imprisoned Nobel laureate), and even â€Å"Egypt†, â€Å"Jon Huntsman† (the former American ambassador), and â€Å"Playboy† (the magazine), etc. are banned (McDonald, 2012). As a result, some people have invented some subversive lexicons to refer to the words prohibited such as using â€Å"grass-mud horse† to replace a four-letter word of obscenity, using â€Å"river crab† to replace â€Å"harmony† which is also banned because it was used to refer to websites deletion by the government, and using phrase â€Å"Buying soy sauce† to indicate someone who is involved in scandals like embezzlement and bribery. The phrase â€Å"Buying soy sauce† came from the mouth of a government official who was involved in a political scandal and wanted to show his innocence through the TV interview (McDonald, 2012). So if the government insists on such obvious and self-deceiving procedures, people would finally uncover the truth and thus lose trust in the government because many insightful people like who use VPN to â€Å"scale the wall (also a subversive word which means to browse foreign websites)† and have known some truth of some political issues or more people who are studying abroad where has no such internet-defending programs know the truth as well. Maybe this kind of methods worked before, but it would not work anymore as people are familiar and proficient in computer science. If the government stops their unacceptable programs right now, the status of the society will be much more stable, or the controversial would be more serious and finally trigger something unimaginable. Second, the Chinese government censors some websites which are considered vicious and unbeneficial to them, so they block websites just because they are not in government’s whitelist. In 2009, The Ministry of Industry and Information Technology posted new regulations on domain management institutions and internet services providers because them want to have a deeper control over domain name registration (Hornby and Le, 2009). The Chinese government explained this is beneficial for an on-going anti-pornography program by creating a list of so called â€Å"whitelist. † However, this policy did not mention the treatment of overseas websites. In fact, foreign sites that have not registered could also be blocked such as Google’s YouTube, Twitter, Flickr and Facebook. The reason is these sites are thought politically sensitive and containing unreasonable schemes by the Chinese government (Hornby and Le, 2009). However, as many web users who used VPN to get access to foreign websites have already known that the websites such as Facebook, YouTube, and Twitter are highly recognized in the U. S. Many popular stars like NBA players often update their newest progress in preparing for the play-off on Twitter, which is often referred to as a trustworthy resource by sports channels like ABC and ESPN. Also, YouTube is even a normal educational tool in some world-famous universities as its sources are updated frequently and carefully (Hornby and Le, 2009). Many of the videos like the videos on cultural diversities and new-born social phenomena etc. are authoritative. They are often in the forms of a real interview with famous experts in the places where the issues happened like the case of Trayvon Martin, people can find many videos on YouTube which are interviews hold by some sociologists. As a result, blocking websites that the Chinese government considered vicious is detrimental to people’s development in learning advanced thoughts and real educational resources from foreign countries some of which are recognized as much more better in high-level education than that of China. If the government continues to do things arbitrarily like this, people would lose trust in their government because they do have the ability to consider what kind of information is true and what kind of information is of plot. In conclusion, the Chinese government should stop their internet censorship because it really affects people’s common lives both in freedom of communication and education. The importance of relieve the inspection on internet is obvious and necessary. If the Chinese government moderates the censorship, people can obtain easier access to foreign resources. As people’s educational levels are higher and higher along with the rapidly-developing status of China’s economy, people are getting more insightful in absorbing more advanced technologies and methods. For instance, teachers can use foreign websites such as YouTube which has huge amount of authoritative resources in college education. Many people have realized that students in China’s colleges know little about realities about some big issues around the world and also have big obstacles in English skills which are not beneficial to students’ development. Also, if students get such progress in education, there will be more opportunities for them to get jobs abroad which can not only enhance Chinese people’s skills in international business but also relieve the pressure in competition for jobs. Finally, stopping the internet censorship helps the Chinese government to win people’s trust and is also educationally, economically beneficial to a large number of Chinese people. References: Merriam-Webster Dictionary. (n. d. ). Internet. Retrieved from http://www. merriam-webster. com/dictionary/internet Hornby L. and Le, Y. 2009, December 22). China to require internet domain name registration. Retrieved from http://www. reuters. com/article/2009/12/22/us-china-internet-idUSTRE5BL19620091222 McDonald, M. (2012, March 13). Watch your language! (in china, they really do). New York Times. Retrieved from http://rendezvous. blogs. nytimes. com/2012/03/13/watch-your-language-and-in-china-they-do/? ref=internetcensorship Rohde, D. (20 11, November 18). China’s newest export: Internet censorship. Retrieved from http://blogs. reuters. com/david-rohde/2011/11/17/chinas-newest-export-internet-censorship/ How to cite Should the Chinese Government Ban the Internet Censorship?, Essay examples

Abigail Adams (718 words) Essay Example For Students

Abigail Adams (718 words) Essay Abigail AdamsAbigail AdamsAbigail Adams was a unique woman becauseshe had an education and an interest in politics. She learned how to readand write and enjoyed poems most. She was also very resourceful by helpingher husband on difficult problems. Abigail was born on November 11 on theJulian calendar, or November 22 on the modern Gregorian calendar. Abigailhad two sisters named Mary and Elizabeth or Betsy. She had one brothernamed William or Billy. Abigails name was originally Abigail Smith. Eachbaby was baptized on the first Sabbath of its life and was recorded intheir parish records. Abigail live in a comfortable house. When Abigailwas sixteen, her father added a wing that was bigger than the originalbuilding to make room for the children, servants, and visitors. When Isay servants it means that they were probably slaves but were called servantsto avoid the dehumanizing effect that the word slave can mean. Theirhouse was a sight of luxury in the eyes of the common folk in the parish. Though they lived well, the Smiths had no fortune. Abigails father oftenworked with his own hands, planting corn and potatoes, gathering hay, sowingbarley, or making sure that his sheep received proper care. Abigail, withthe help of her family grew a very religious bond between each other anda long lasting friendship. Abigail never went to a real school becauseof poor health. So, she learned at home. Her fathers library was not big,but she still went to it to read books. Abigails favorite books were novelsby Samuel Richardson. Abigails father knew John Adams by working withhim and she grew rather close to him starting a wedding. This now madeher name Abigail Adams. Their wedding was held on October 25, 1764, a monthbefore her twentieth birthday. John was a lawyer and very often was notat home due to court cases he had to attend to. When Abigail was pregnantwith her first son, John was only at home for eight out of the nine months. The baby was born on a hot day on the morning of July 14, 1765. The babysname was Abigail, but was called Nabby. She was with her parents whenshe had the baby. Shortly after, she was again pregnant. July 11, 1767,she delivered a healthy boy named John Quincy. John Adams soon moved hisfamily to Boston to be closer to his important clients and the center ofpolitical action. In Boston, Abigail had two more children. one named Susanna,who died thirteen months later, and Charles who was born healthy at theend of May 1770. John Adams sent everyone in his enlarged family back tothere old house because of the recent Boston Massacre happening. WhileAbigail was there, She had her last son named Thomas. John soon boughta brick house back in Boston and moved everyone back in. Abigail startedteaching the children to read and write. John told Abigail almost everything thathe knew and went to her for political problems. He understood what shecould understand and trusted her. Abigail became the most informed womanon public affairs in the nation. On August 10, 1774, Abigail parted withJohn as he left to attend the Congress called at Philadelphia to try andunite the colonies against Great Britains plan to punish Boston and Massachusetts. Though her sons would not be of military age for another decade, Abigaildreaded war, in which only God knew what would happen. When the shots atLexington and Concorde were fired, John was again off to the Congress andcautioned Abigail that she should fly to the woods with the childrenif the British attacked Boston. Abigail prayed for the war and on June17 John Quincy and Abigail went to Bunker Hill and watched the roar ofthe cannons and saw the flames of burning Charleston atop of Penns Hillnear where they lived. Soon they learned of the British losses and howgreater they were, but Abigail knew someone named Dr. Warren who died. .u8c3b67b7777465d2875a962a425b3f02 , .u8c3b67b7777465d2875a962a425b3f02 .postImageUrl , .u8c3b67b7777465d2875a962a425b3f02 .centered-text-area { min-height: 80px; position: relative; } .u8c3b67b7777465d2875a962a425b3f02 , .u8c3b67b7777465d2875a962a425b3f02:hover , .u8c3b67b7777465d2875a962a425b3f02:visited , .u8c3b67b7777465d2875a962a425b3f02:active { border:0!important; } .u8c3b67b7777465d2875a962a425b3f02 .clearfix:after { content: ""; display: table; clear: both; } .u8c3b67b7777465d2875a962a425b3f02 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8c3b67b7777465d2875a962a425b3f02:active , .u8c3b67b7777465d2875a962a425b3f02:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8c3b67b7777465d2875a962a425b3f02 .centered-text-area { width: 100%; position: relative ; } .u8c3b67b7777465d2875a962a425b3f02 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8c3b67b7777465d2875a962a425b3f02 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8c3b67b7777465d2875a962a425b3f02 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8c3b67b7777465d2875a962a425b3f02:hover .ctaButton { background-color: #34495E!important; } .u8c3b67b7777465d2875a962a425b3f02 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8c3b67b7777465d2875a962a425b3f02 .u8c3b67b7777465d2875a962a425b3f02-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8c3b67b7777465d2875a962a425b3f02:after { content: ""; display: block; clear: both; } READ: World hunger EssayHe helped John Quincy from the loss of his finger. Abigail wrote many lettersto her husband and it became a way of life for her. She was always keepingJohn up to date with whats happening at the immediate point in time. Abigailsometimes called herself Mrs. Delegate because she was the wife of aRevolutionary leader. Abigail continued to keep in tact with her husbandthroughout the war. She also was very political. Then later she led a veryproductive life.

It Outsourcing Essays - Economy, Business, Outsourcing, Offshoring

It Outsourcing INTRODUCTION Companies are increasingly outsourcing the management of information technology (IT) for reasons that include concern for cost and quality, lagging IT performance, supplier pressure, access to special technical and application skills, and other financial factors. The outsourcing solution is acceptable to large and small firms alike because strategic alliances are now more common and the IT environment is changing rapidly. REASON TO OUTSOURCE Although the mix of factors raising the possibility of outsourcing varies widely from one company to another, there are a series of themes that explain most of the pressures to outsource. First of all, general managers' concerns about cost and quality drive outsourcing. The same issues such as getting existing services for a reduced price at acceptable quality standard came up repeatedly. Second, failure to meet service standards can force management to find other ways of achieving reliability. It is not atypical to find a company in which cumulative IT management neglect eventually culminated in an out-of-control situation the current IT department could not recover from. Management can see outsourcing as a way to fix a broken department. Third, a firm under intense cost or competitive pressures, which does not see IT as its core competence, may find outsourcing a way to delegate time-consuming, messy problems so it can focus scarce management time and energy on other differentiators. Next, several financial issues can make outsourcing appealing. One is the opportunity to liquidate the firm's intangible IT asset, thus strengthening the balance sheet and avoiding a stream of sporadic capital investments in the future. Also, outsourcing can turn a largely fixed-cost business into one with variable costs. This is particularly important for firms whose activities vary widely in volume from one year to another or which face significant downsizing. THE BENEFITS FROM OUTSOURCING Outsourcing has identified numerous potential benefits. Financial benefits from outsourcing included rapid funding of new systems development and economies of scale and scope. As consolidate infrastructure through IT outsourcing, a firm can experience cost reductions in hardware and software licensing, facilities, and support headcount. Outsourcing, also, can capitalize on an outside vendor's extensive IT problem solving knowledge. An outside vendor had the ability to get more of the technology that came out. They could spend money on investments that a company couldn't afford internally. That opens up a lot more avenues to future technologies. An outside vendor would manage the IT function more efficiently. A vendor's main competency is managing computer systems. Through their skills, leverage, and economies of scale, they could provide a level of efficiency that could not be achieved at the outsourcer. Finally, Perhaps most important, outsourcing allow internal IT managers to focus on the development of a new IT infrastructure. Underlying the outsourcing effort is a fundamental strategy to offload legacy applications and operations so a firm could focus on developing new strategic application to support the global business processes, which were being reengineered. THE PROCESS OF OUTSOURCING There are many ways to manage IT outsourcing since every company has different culture, strategy, structure, people, and process. Also, many important issues such as structure, Information management operating processes, management processes, human

The End of a Miracle v1 Essays - Terry Fox, Canadian People

The End of a Miracle v1 Essays - Terry Fox, Canadian People 388620044259500The End of a Miracle By: Sean Julien Terry Fox passed away from a coma at the age of 22 on June 28, 1981 at 4:35 am at the Royal Columbian HospitalinNew Westminster. Terry's coma was caused by osteogenic sarcoma which is a type of cancer that he was diagnosed with at the age of 18. Terry fox had been living with osteogenic sarcoma for four years, but instead of terry just taking it easy, resting and getting treatment, he chose to spend 18 months running over 5,000 kilometers. But Terry Fox didn't stop there, then he started is run across Canada, starting in St. John's, Newfoundland on April 12, 1980. Terry ran approximately 42 kilometers a day during his journey. On September 1st, 1980, Terry was forced to stop running after 143 days and 5,373 kilometers because the cancer spread to his lungs. Even though terry didn't finish his goal by running across Canada, "I felt like I had won. I felt like I had made it, even though I hadn't." After terry finishes running he was told by Isadore Sharp that a run will be held each year in terry's name, "we will not rest until your dream to find a cure for cancer is realized." For more information visit https://en.wikipedia.org/wiki/Terry_Fox or read "Terry Fox his story" written by Leslie Scrivener.

Commodity Risk Management Essay Example | Topics and Well Written Essays - 4000 words

Commodity Risk Management - Essay Example Commodities with higher price volatility subject the consumer or the producer to greater probability of incurring loses or attaining gains on the future sales and buying of the product. Commodities with greater share in enterprise earning or production costs are faced with greater exposure to price risks. Various commodity risk management instrument are available and are mostly used by large producing firms, large consuming firms, trading firms, marketing firms or departments and other business ventures. The current market trends have led to the limitation of middlemen and traders and the transactions between the producer/ manufacture and final consumer have increased considerably. When the world commodity prices fall, the producer is at risk as he is not able to cover for his production costs. Also, a commodity dealer who buys products and keeps them in a warehouse is faced by the risk of not recovering his original purchasing costs. Those who process the goods are faced by double r isks due to the inputs and outputs. The final consumer only experiences the problem of increased prices. Price risks also affect traders, importers and exporters (Rutten and Blarel, 1996) The are several methods that are adopted for the management of commodity price risks, These include the adoption of marketing strategies that help time sales and purchases, Forward contracts, futures long term contracts, the use of over the counter markets. Commodity linked bonds and the use of swaps (Kolb, 1991).The choice of the instrument to use is difficult as the over the counter market is not open and transparent. The price determination depends on the bargaining strength and the availability of vital information. There is also the counterpart risk if he fails to fulfill the obligations imposed on him. Types of instruments used Forwards contracts; this involves the formation of an agreement to deliver a given quantity of goods at a given future date. The agreed forward price is paid when the product is delivered. The contract contains the price of the commodity and the quantity specified for delivery at a given date in the future. The 'long position' or the buyer receives the commodity and pays the forward price and the 'short position' or the seller delivers the commodity (UNCTAD, 1998). Futures contract: this is an agreement to deliver a given commodity in the future. The price is paid at a specified future date and at a future price payable at the time of delivering the commodity. They differ from the forward markets since they are 'marked to the market' this means that the contracts are settled each trading day. Future prices are either greater or less than the forward price. Due to the evaluation of the prices per given trading day, future contracts are usually preferred. Forward contacts are usually traded in exchanges. Futures may require settlement on daily basis if the are market to market. They are safer because the clearing house guarantees the fulfillment of the contract terms by all parties (Morgan, 1992) Cash market The behavior of most commodities in the market is determined by the cash and storage markets. The term spot price is used to refer to the immediate purchase of commodities. That means the products are bought and delivered at that time. The cash market is greatly

Employee benefits Assignment Example | Topics and Well Written Essays - 1250 words

Employee benefits - Assignment Example include, vacation and sick leave, health insurance, pension plans and proper remuneration according to the local standards on minimum wages and working duration. The organization executes annual health and safety day where health consultants and safety experts advise the employees and carry out health assessments on employees. Besides, the employees are informed on safety compliance and health as well as compliance to environmental protection. The blood pressure of employees is measured and fresh up massages. The company allows a maximum of 6 months of sick leave for its employees but with no pay. The company has a policy of not forcing its employees to work; the only remedy for this is to deduct salaries. The directors are paid compensation in terms of pension plans, stock option plan at market price among other related benefits. The employees are offered an employee Benefit Plan 401(k) as well as single employer plan, health insurance cover which is deductable from their basic pay (Finance Week 23). The health insurance for employees is compulsory for all permanent employees. The temporary or contract employees are required to organize for their own personal health insurance prior to signing their employment contracts. The executive employees have other benefits which tied onto performance but majorly linked to the stock options plans. The executive employees receive the highest compensation in the company depending on the extent of output of the organization and its investments. Richemont Swiss offers life insurance to its employees, which is optional and deductable from the basic pay of employees. This comes after an agreement with the employees from the deduction on their pay. Besides, the organization has other health benefits such as dental benefits, long term disability for the employees in line of duty, temporary disability benefits such as accident and sickness, death benefits which comprise of travel accidents with exclusion of life assurance. The

The growth of the banana market in Australia

The growth of the banana market in Australia The bananas market in Australia has been expanding since 1993 to 2008. In 20 March 2006, a Tropical Cyclone Larry has caused a damage in banana industry and affected the bananas market. The explanation of effects happened will be provided by looking into price equilibrium, price elasticity of demand and supply and price ceiling imposed by government. In a perfectly competitive market, there is no government intervention in the market. The price is usually established when the equilibrium price and quantity is achieved (Jackson,J Mclver.R 2007). Equilibrium means that consumers are willing to buy at this price and producers are willing to supply. By referring to the graph Figure 1, we can see the equilibrium is at the intersection point between demand curve and supply curve. Pe means the price equilibrium and Qe means quantity equilibrium. In an equilibrium state, problems like shortage and surplus will not happen in the market because the quantity demand and quantity supply are in balance. Shortage will usually happen when the price is below the price equilibrium, we can see that when price drops from Pe to P0, the quantity supply will decrease because suppliers are willing to supply at this price where they have low revenue while quantity demand will increase because consumers find bananas is really cheap and they should buy it. Demand exceeds supply. Surplus will happen when the price is above the price equilibrium. From the graph, when price increase from Pe to P1, the quantity demand drops because consumers find it very expensive and the bananas doesnt worth that price while quantity supply increase because the suppliers are willing to supply as much as they could as the high price of bananas would help them to generate more revenue. Demand exceeds supply. The natural disaster, cyclone has caused the supplies of bananas to decrease tremendously. The price elasticity of demand in bananas market is said to be inelastic when we look into the determinants. First of all, Bananas are Australias No.1 selling fruit, it means there is a huge demand for bananas in Australia.(ABGC n.d) Bananas industry appears to be one of the largest fruit growing industries in Australia and also an important contributor to the economies. Bananas are among Australias top 10 supermarket lines. First determinant would be the availability of substitute goods and for bananas, there is lack of substitutes for it. Apparently the demand would be inelastic when there is no substitutes. Second determinant is proportion of income. Bananas price has shot up from around $3 per kg to $15 per kg (ABCG n.d). Consumption of bananas would be still a small fraction of income although the price has increased. Therefore, consumers are not sensitive towards the price changing. Third is Luxury versus necessity. Bananas can be considered as a necessity in Australia because people still consume bananas although the price has increased. According to the Australia Banana Growers Council, they estimated that 28 million of bananas are consumed each week, which means a person consume 60-70 bananas and is around 13kg averagely (ABCG n.d). Fourth determinant would be time. The time would be in a short run because consumers are difficult to change income and preference immediately right after the cyclone. People would still think that the price is acceptable and they will still buy it in short run. It would be an elastic supply for bananas market because there are around 800 banana growers in Australia (mainly from Queensland and New South Wales) that are estimated to produce about 23 million 13 kilogram cartons of bananas (ABCG n.d). When there are a lot of supplies, its price elasticity of supply would be elastic and long run. However, the supply has decreased as the c yclone has caused a critical damage on banana farms. The price has shot up because there is a shortage in bananas market. Banana consumers will tend to compete and bid up the market price for bananas. As the supply curve shifted to left, it shows that the price has gone up from P0 to P1 and quantity demanded has decreased from Q0 to Q1.(refer to figure 2) It then moves to the new price equilibrium from e0 to e1 and it shows that a large change in price has resulted a small proportionate change in quantity. Quantity demanded falls means many customers cant afford the new equilibrium price. Total expenditure on bananas is equal to total revenue gained by sellers. From the graph, the R1 shaded area means revenue gained, R2 shaded area means revenue loss. Since the demand is inelastic, the revenue gained will be more than revenue loss when the price increases. Therefore, the total revenue of sellers increased. In economy, whenever the supplies is found limited and couldnt satisfy all the demands in market, suppliers would tend to increase the price as high as possible to maximize their profit. It would be a benefit to suppliers but a disadvantage for the consumers. In such situation, government intervention is needed to set up a price ceiling in the market of bananas. Price ceiling means a maximum legal price level that suppliers can set for the goods they are selling Jackson,J Mclver.R 2007). Price ceiling for this case would be a protection for the consumers as they dont have to pay for unreasonable high price set by suppliers. However, putting a ceiling price in the market doesnt settle the problems. It may cause a bigger shortage. The shortage would cause difficulty in rationing the limited supply of bananas. From graph Figure 3, we can see that quantity supply is falling further from Qe to Qs and Quantity demand has increased from Qe to Qd. Apparently, the quantity supply contributed more to shortage compare to consumers. Besides that, black market price will increase further. Setting a ceiling price is actually encouraging black market. All these consequences such as black market and shortage will cause the market efficiency to become inefficient. Supplier will not be happy to supply because they have low income selling bananas at ceiling price. The government will receive less sales tax from banana industry as well. In conclusion, there are pros and cons if government intervenes the market by implementing price ceiling. However, the price ceiling would only have short-term effects because the supply could recover in within 6months to 12 months period. Reference Lists Australian Banana Growers Council Inc. (ABCG) n.d, Media Kit, available through www.australianbananas.com.au/public/media/downloads/media_kit.pdf, viewed at 2 September 2010. Jackson,J Mclver.R 2007, Microeconomics , 8th edn, McGraw-Hill, Australia.