Superior Essay Writers | Inequality in America

Inequality in America

“America currently has the most inequality, and the least equality of opportunity, among the advanced countries. While market forces play a role in this stark picture, politics has shaped those market forces.”

“Today’s inequality is not the result of the inevitable evolution of capitalism. Instead, the rules that govern the economy got us here. And we can change those rules using what we have learned in economics and what we know about the people who make the rules and how they are chosen.”

Joseph E. Stiglitz (Nobel Prize–winning economist)

America is thought of as a prime example of the free market system that is supposed to aim at enhancing efficiency. Meanwhile, there is severe backlash from growing income and wealth inequality due in part to ‘winner takes it all.’

(Topics)

Using the microeconomic perspective, address the following:

What has led to the success of the U.S. economy?
Why do you think the U.S. fell behind in some areas?
What do you think about economic efficiency vs. equality in America and what needs to be done to improve the situation?

Sample Solution

ter on, one of the most known methods will be discussed in a detailed way. The facial recognition methods that can be used, all have a different approach. Some are more frequently used for facial recognition algorithms than others. The use of a method also depends on the needed applications. For instance, surveillance applications may best be served by capturing face images by means of a video camera while image database investigations may require static intensity images taken by a standard camera. Some other applications, such as access to top security domains, may even necessitate the forgoing of the nonintrusive quality of face recognition by requiring the user to stand in front of a 3D scanner or an infrared sensor[15]. Consequently, there can be concluded that there can be made a division of three groups of face recognition techniques, depending on the wanted type of data results, i.e. methods that compare images, methods that look at data from video cameras and methods that deal with other sensory data, like 3D pictures or infrared imagery. All of them can be used in different ways, to prevent crime from happening or recurring. ii. How do these technologies work? As listed above, there exists a long list of methods and algorithms that can be used for facial recognition. Four of them are used frequently and are most known in the literature, i.e. Eigenface Method, Correlation Method, Fisherface Method and the Linear Subspaces Method. But how do these facial recognition work? Because of word limitations, only one of those four facial recognition techniques, i.e The Eigenface Method, will be discussed. Hopefully this will give an general idea of how facial recognition works and can be used. One of the major difficulties of facial recognition, is that you have to cope with the fact that a person’s appearance may change, such that the two images that are being compared differentiate too much from each other. Also environmental changes in pictures, like lightning, have to be taken into account, in order to have successful facial recognition. Thus from a picture of a face, as well as from a live face, some yet more abstract visual representation must be established which can mediate recognition despite the fact that in real life the same face will hardl>

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