A National Solidarity Week English Essays
In our state the week was officially opened by his highness the sultan. In my school the preparations to celebrate it were taken in hand a. Our art rooms became virtual workshops turning out placards, posters, and slogans for display in classrooms, in the hall and in other important sections of the school. The class with the best solidarity poster was promised a picnic by the seaside. In addition the poster would be entered in the state solidarity week poster competition. I am glad to say that the poster designed and painted by my class was adjudged the best entry not only in our school but also in the whole state. During the week, my school held daily assemblies instead of the usual one held only on Friday. The headmaster read the Solidarity day message on the first day and spoke on the need for national solidarity. On the remaining days of the week some leading personalities including the state Chief Education Officer addressed us.
Languages were contests were’ held. The best speakers in English and National Language were awarded book-prizes the theme qf the speeches delivered was required to be national solidarity, some classes staged plays bearing on the same theme. As suggested by the Chief Education Officer, many boys and girls in our school invited their classmates and schoolmates of communities other than their own to visit their homes and stay with their families. The ‘Operation Little Cultural Exchange’, as we called the movement, contributed tremendously to good will and understanding among the pupils concerned. All ‘visitors’ were required to make a report each to their classes. Many admitted that before visiting the homes they had visited, they had looked down upon the communities of their hosts. Now, however, they had changed their minds. In future they would invite their friends of all communities to their homes and visit there if invited. On the last day of the solidarity week, an essay-writing contest was held. The best essay from each class was selected for inclusion in the school magazine. Besides, the writers of the best essays were given the honor or reading them at a weekly assembly each.
Our analysis in the coming chapters will allow us to express Smith’s conclusions more precisely and to analyze more fully the strengths and weaknesses of the market’s invisible hand. Yet there is another reason we need government: The invisible hand is powerful, but it is not omnipotent. There are two broad reasons for a government to intervene in the economy and change the allocation of resources that people would choose on their own: to promote efficiency or to promote equality. That is, most policies aim either to enlarge the economic pie or to change how the pie is divided. Consider first the goal of efficiency. Although the invisible hand usually leads markets to allocate resources to maximize the size of the economic pie, this is not always the case. Economists use the term market failure to refer to a situation in which the market on its own fails to produce an efficient allocation of resources.
As we will see, one possible cause of market failure is anexternality, which is the impact of one person’s actions on the well-being of a bystander. The classic example of an externality is pollution. When the production of a good pollutes the air and creates health problems for those who live near the factories, the market left to its own devices may fail to take this cost into account. Another possible cause of market failure is market power,which refers to the ability of a single person or firm (or a small group) to unduly influence market prices. Now consider the goal of equality. Even when the invisible hand yields efficient outcomes, it can nonetheless leave sizable disparities in economic well-being. A market economy rewards people according to their ability to produce things that other people are willing to pay for. The world’s best basketball player earns more than the world’s best chess player simply because people are willing to pay more to watch basketball than chess. The invisible hand does not ensure that everyone has sufficient food, decent clothing, and adequate healthcare. This inequality may, depending on one’s political philosophy, call for government intervention.