Should I Earn a Nonprofit Management Degree

A nonprofit management degree is a type of degree awarded to post-secondary students who have completed a college, university, or business school program with a focus on nonprofit management.   Nonprofit management involves supervising people or affairs of a nonprofit organization. A  nonprofit  is any group that is mission-driven rather than profit-driven. A few examples of nonprofit organizations include charities, such as the American Red Cross, Salvation Army, and YMCA; advocacy groups, such as the National Association for the Advancement of Colored People (NAACP) and the American Civil Liberties Union (ACLU); foundations, such as the W.K. Kellogg Foundation; and professional or trade associations, such as the American Medical Association (AMA). Types of Nonprofit Management Degrees There are three basic types of nonprofit management degrees that you can earn from a college, university, or business school: Bachelors Degree in Nonprofit Management: A bachelors degree program in nonprofit management will take approximately four years to complete. The program will usually start with general education courses and conclude with electives and courses with a specific focus on nonprofit management. Students who have already earned a two-year degree may be able to complete bachelors degree requirements in as little as two years.Masters Degree in Nonprofit Management: A masters degree or MBA degree program in nonprofit management takes two years to complete on average. Some students attend part-time and take longer to earn their degree, while others participate in an accelerated program that lasts anywhere from 12 to 18 months. Nonprofit management degree programs at this level generally combine core business courses with specialized coursework in nonprofit management.Doctorate Degree in Nonprofit Management: A doctorate program in nonprofit management is not as common as nonprofit management de gree programs at other levels. A program of this caliber can be found at several colleges and universities. A doctorate program in nonprofit management requires intense study and research. Program length can vary but usually averages somewhere around three to five years. An associates degree is acceptable for some entry-level positions with nonprofits. In some cases, you may need nothing more than a high school diploma. Larger organizations often prefer a bachelors degree or MBA, especially for more advanced positions. What You Can Do With a Nonprofit Management Degree Students who earn a nonprofit management degree almost always go on to work with nonprofit organizations. Of course, the knowledge and skills gained in the program are transferrable to for-profit companies. With a nonprofit management degree, graduates could pursue any number of positions with nonprofits. Some popular job titles include: Fundraiser: Fundraisers are essential to any nonprofit. They help to get donors interested in the cause. They may get donations by speaking to people face to face, organizing campaigns, or grant writing. It is possible to get an entry-level fundraising position with a high school diploma, associates degree, or bachelors degree in nonprofit management. However, larger organizations may look for graduates with a masters or MBA degree.Nonprofit Program Director: Although responsibilities can vary depending on the size and scope of the organization, nonprofit program directors are usually tasked with managing the people and mission of the entire organization or a specific part or program. They may oversee fundraisers, marketing campaigns, or special events. Nonprofit program directors usually have at least a bachelors degree. Many have masters or MBA degrees in nonprofit management.Community Outreach Coordinator: A community outreach coordinator, also known as a community outreach specia list, is responsible for the marketing, outreach, and event planning efforts of a nonprofit organization. They do not usually ask directly for donations like a fundraiser, but they do help to coordinate volunteers and plan fundraising efforts. Most community outreach coordinators have at least a bachelors degree. Marketing or public relations experience--either at school or work--can also come in handy. There are many other job titles and career opportunities available to graduates with nonprofit management degrees. There are more than one million nonprofit organizations in the U.S. alone, with more being created each day. See a list of other nonprofit job titles.

Marie Curie Quotes Wise Words About Science and Life

With her husband, Pierre, Marie Curie was the pioneer in researching radioactivity. When he died suddenly, she refused a government pension and instead took his place as a professor at the University of Paris. She was awarded a Nobel Prize for her work, then became the first person to win a second Nobel Prize, and she is the only Nobel Prize winner who is also the mother of another Nobel Prize winner—Irà ¨ne Joliot-Curie,  daughter of Marie Curie and Pierre Curie. Selected Marie Curie Quotations I never see what has been done; I only see what remains to be done. Another version:  One never notices what has been done; one can only see what remains to be done. Nothing in life is to be feared. It is only to be understood. We must not forget that when radium was discovered no one knew that it would prove useful in hospitals. The work was one of pure science. And this is a proof that scientific work must not be considered from the point of view of the direct usefulness of it. It must be done for itself, for the beauty of science, and then there is always the chance that a scientific discovery may become like the radium a benefit for humanity. I am among those who think that science has great beauty. A scientist in his laboratory is not only a technician: he is also a child placed before natural phenomena which impress him like a fairy tale. A scientist in his laboratory is not a mere technician: he is also a child confronting natural phenomena that impress him as though they were fairy tales. You cannot hope to build a better world without improving the individuals. To that end, each of us must work for his own improvement, and at the same time share a general responsibility for all humanity, our particular duty being to aid those to whom we think we can be most useful. Humanity needs practical men, who get the most out of their work, and, without forgetting the general good, safeguard their own interests. But humanity also needs dreamers, for whom the disinterested development of an enterprise is so captivating that it becomes impossible for them to devote their care to their own material profit. Without doubt, these dreamers do not deserve wealth, because they do not desire it. Even so, a well-organized society should assure to such workers the efficient means of accomplishing their task, in a life freed from material care and freely consecrated to research. I have frequently been questioned, especially by women, of how I could reconcile family life with a scientific career. Well, it has not been easy. We must believe that we are gifted for something and that this thing, at whatever cost, must be attained. I was taught that the way of progress is neither swift nor easy. Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something and that this thing must be attained. Be less curious about people and more curious about ideas. I am one of those who think like Nobel, that humanity will draw more good than evil from new discoveries. There are sadistic scientists who hurry to hunt down errors instead of establishing the truth. When one studies strongly radioactive substances special precautions must be taken. Dust, the air of the room, and ones clothes, all become radioactive. After all, science is essentially international, and it is only through lack of the historical sense that national qualities have been attributed to it. I have no dress except the one I wear every day. If you are going to be kind enough to give me one, please let it be practical and dark so that I can put it on afterwards to go to the laboratory. (about a wedding dress) Quotes About Marie Curie Albert Einstein: Marie Curie is, of all celebrated beings, the only one whom fame has not corrupted. Irene Joliet-Curie: That one must do some work seriously and must be independent and not merely amuse oneself in life—this our mother has told us always, but never that science was the only career worth following.

Martin Luther Kings Greater Significance - 784 Words

Martin Luther King Jr. states, ‘Faith is taking the step even when you don’t see the whole staircase’ (King). Martin Luther King Jr. was born on January 15, 1929. His place of birth was Atlanta, Georgia. Faith was an important aspect of his life. His wife’s is Coretta Scott King. King organized the Southern Christian Leadership Conference (SCLC). He attended Booker T. Washington High School and graduated from Morehouse College and Boston University. His philosophy of nonviolent resistance led to his arrest on numerous occasions in in the 1950s and 60s. In 1963, he became the first African American to be named the Time Magazine’s Man of the Year. At the age of thirty five, he became the youngest man to have been honored with the Nobel Peace Prize. He donated the prize money of $54,123 to benefit the civil rights movement. Between 1957 and 1968, he traveled more than six million miles and spoke at more 2,500 events. King is the only non-president with a memorial on the National Mall in Washington D.C. Martin Luther King Jr. was born Michael King Jr. and his father stated that it was a mistake. Dr.King was incredibly smart as a young child, he skipped ninth and eleventh grade before making his way to Morehouse College at the age of fifteen. There are nine hundred streets named after King spanning over forty states in the United States. King was arrested thirty times trying to the civil rights of his peers. Dr. King was virtually unknown when he was named as a spokesman for theShow MoreRelatedMartin Luther King Jr.: An American Hero1193 Words   |  5 Pagespeople fought in this movement to eliminate racism and segregation, in an effort to reconstruct society. Of these people, Martin Luther King Jr., an African American pastor from Atlanta, Georgia, was one of the strongest civil rights activists in American history. He successfully fought against the status quo and as a result, he revolutionized American society. Martin Luther King Jr. was born in Atlanta, Georgia in 1929 and just like his father and grandfather, King became a pastor. He was a veryRead MoreWas King a Pan-Africanist? Martin Luther King and the African Liberation Movements3962 Words   |  16 PagesKing a Pan-Africanist? Martin Luther King Jr. and the African Liberation Movements. By Kenechukwu Nwosu The King-era civil rights movement coincided closely with the peak of freedom struggles on the African continent. When the Montgomery bus boycott began in December 1955, all but four African nations were under colonial rule; when King delivered his last public speech on April 3, 1968, thirty-six African countries had gained their independence. Most scholarship on King’s international involvementRead MoreMartin Luther King Jr.1555 Words   |  7 PagesMartin Luther King, Jr. was a key leader and activist in the African-American Civil Rights Movement. He fought against racial inequality through nonviolent resistance. Many Americans of all races admired Martin Luther King as a symbol of leadership and what real movements look like. The Black Lives Matter movement started after the non-guilty verdict of the killing of Trayvon Martin. It campaigns against police brutality, calling for racial justice and pushing for the progress of our civil rightsRead More Bus Boycott Essay2011 W ords   |  9 Pagesaspect of life that was not segregated. The schools were segregated and the restaurants were segregated. There was â€Å"Colored Only† bathrooms, and â€Å"Colored Only† drinking fountains and segregation was definitely present in public transportation. Martin Luther King Jr. could not have said it better when he addressed the massive crowd at the first meeting of Montgomery Improvement Association and said, â€Å" . . . we are here, we are here because we are tired now.†1 On December 1, 1955 Rosa Parks, a seamstressRead MoreAssess the Significance of the Role of Individuals in Reducing Racial Discrimination in the Usa Throughout the Period 1877-1981.1995 Words   |  8 PagesHistory Coursework: Part B Assess the significance of the role of individuals in reducing racial discrimination in the USA throughout the period 1877-1981 Between the periods of 1877-1981 there were many significant figures who contributed towards reducing racial discrimination in the USA. Although without events such as the Montgomery Bus Boycott, WWII or the actions of the NACCP to change attitudes towards African Americans, these individuals would have had little effect. The likes of BookerRead MorePast Events That Have Shaped the Present1922 Words   |  8 Pageshappened yesterday can shape next week or next year. The interesting thing about history is that it is not always recognized as important until much later. When Britain and France tried to appease Hitler with part of Czechoslovakia in 1938, the significance of giving into Hitler’s demands was not fully realized until Hitler advanced further into Czechoslovakia and invaded Poland, (BBC, 2008). Giving in to what was thought of as a small demand set in motion a series of events that resulted in the lossRead MoreKing Henry VIII and The Reformation2328 Words   |  9 P agesburning people at the stake for having what were supposedly heretical beliefs. King Henry VIII led the English Reformation by introducing a new church and bringing an end to the power of the Pope. Because of his love and study of the Word of God, Martin Luther launched the Reformation which reached all of Europe through his 95 Theses. Each of these events working simultaneously sparked religious unrest and contention; the Reformation began to materialize. The Reformation was a time of increasing religiousRead MoreWhat Made Non Violence Work?1350 Words   |  6 Pageswhen discussing the history of the world’s power forces, violence makes for stimulating discussion, other tactics were put to good use, one of these alternatives being non-violence. With the guidance of three worldwide heroes - Mohandas Gandhi, Martin Luther King Jr., and Nelson Mandela - with contagious optimism and high spirits, it became apparent just how much of a difference could be made carried out thro ugh non-violent terms. Mankind was introduced to another way to resolve major problems justRead MoreFigures Of Speech : I Have A Dream 2022 Words   |  9 PagesAndrew Fenn Date Submitted: 10/8/2014 COM 322 – Dr. Marcel Figures of Speech in â€Å"I Have a Dream† On August 28th, 1963, Dr. Martin Luther King, Jr. delivered his magnum opus â€Å"I Have a Dream† speech to a crowd of over 250,000 civil rights activists in front of the Lincoln Memorial. Even though the monologue clocks in at just over fifteen minutes in length, Dr. King’s words have been cemented as the catalyst for civil rights reform through his strategic implementation of rhetorical devices. MakingRead MoreThe Growth And Transformation Of A Continent1811 Words   |  8 Pagesa short exile, he returned to enforce the strictest moral discipline. After 1555, Geneva became a refuge for thousands of Protestants who had been driven out of France, England, and Scotland. The key requirement of the English reformation was the â€Å"king’s affair.† (Smith 56). Henry VIII wanted to marry Catherine of Aragon, as it was his papal annulment. When the pope refused this, the â€Å"Reformation Parliament† passed legislation, which made the king supreme in En glish spiritual affairs. The formation

Net Present Value and Cash Flow - 1400 Words

Corporate Financial Management Practice Mid-Semester Examination (Answers at back) Disclaimer: This practice exam covers a selection of the types of questions that may be asked in the mid-semester exam, however it should not be taken as being exhaustive as to the topics that could be included in the exam. Students should therefore not be surprised if other types of questions appear in the exam. 1. $200 invested today and earning 8 per cent per annum compounded semi-annually will grow to what amount at the end of three years? (A) (B) $251.94 (C) $380.75 (D) 2. $158.80 $253.06 Bill plans to fund his individual retirement account with the maximum contribution of $2,000 at the end of each year for the next†¦show more content†¦(B) a parallel shift downward in the security market line. (C) a decrease in the slope of the security market line. (D) a parallel shift upward in the security market line. 14. The market price of outstanding bond issues often varies from par because (A) (B) the market rate of interest has changed. (C) the maturity date has changed. (D) 15. the coupon rate has changed. old bonds sells for less than new bonds. A firm has an expected dividend next year of $1.20 per share, a zero growth rate of dividends, and a required return of 10 per cent per annum. The value of each of the firm s shares is (A) (B) $12 (C) $120 (D) 16. $10 $100 In the Gordon model, the value of ordinary shares is the (A) present value of a constant, growing dividend stream. (B) actual amount each ordinary shareholder would expect to receive if the firm s assets are sold, creditors and preference shareholders are repaid, and any remaining money is divided among the ordinary shareholders. (C) present value of a non-growing dividend stream. (D) net value of all assets which are liquidated for their exact accounting value. 17. A constant annual rate of dividend growth of 9 per cent is expected on a particular firm’s ordinary shares for an indefinite period into the future. TheShow MoreRelatedNet Present Value and Net Cash Flow1220 Words   |  5 Pagesbudgeting? a Will an investment generate adequate cash flows to promptly recover its cost? b Will an investment generate an acceptable rate of return? c Will an investment have a positive net present value? d Will an investment have an adverse effect on the environment? 3 Which of the following is not considered when using the payback period to evaluate an investment? a The profitability of the investment over its entire life. b The annual net cash flow of the investment. c The cost of the investmentRead MoreNet Present Value and Free Cash Flow Essay example1101 Words   |  5 PagesGiven the proposed financing plan, describe your approach (qualitatively) to value AirThread. Should Ms. Zhang use WACC, APV or some combination thereof? Explain. (2 poin ts) * From the statement of AirThread case, we know that American Cable Communication want to raise capital by Leveraged Buyout (LBO) approach. This means ACC will finance money though equity and debt to buy AirThread and pay the debt by the cash flows or assets of AirThread. * In another word, it’s a highly levered transactionRead MoreCash Flow Per Period Of A Project790 Words   |  4 Pagesthe time in which the initial cash outflow of an investment is expected to be recovered from the cash inflows generated by the investment. It is one of the simplest investment appraisal techniques. Formula The formula to calculate payback period of a project depends on whether the cash flow per period of the project is even or uneven. In case they are even, the formula to calculate payback period is: Payback Period = Initial Investment Cash Inflow per Period When cash inflows are uneven, we need toRead MorePresent Value and Capital Budgeting1106 Words   |  5 PagesPart I A. Present Value with Discount rate of 7% = 15000/(1+7%) = 15000/1.07 = $14,018.69 Present Value with Discount rate of 4% = 15000/(1+4%) = 15000/1.04 = $14,423.08 B. Account A - Present Value with Discount rate of 6% = 6500/(1+6%) = 6500/1.06 = $6,132.08 Account B - Present Value with Discount rate of 6% = 12600/(1+6%)^2 = 12600/1.1236 = $11,213.96 C. Present Value of Gold Mine 7% = 4900000/1.07 + 61,000,000/(1.07)^2 + 85,000,000/(1.07)^3 = 45,794,392.52 + 61,000,000/1.1449 + 85Read MoreCaledonia Project939 Words   |  4 Pagesfocus on project free cash flows as opposed to the accounting profits earned by the project when analyzing whether to undertake the project? Caledonia should focus on cash flows, because free cash flows can be reinvested when received, unlike accounting profits which are shown when earned, and not at the time cash is received. The company should focus on incremental after-tax cash flows. This enables it to analyze the profits or losses after comparing cash flows with or without theRead MoreGuillermo Furniture Capital Budget Recommendation Essay example1087 Words   |  5 Pagescompares cash inflows and cash outflows instead of net income calculated using the accrual basis. Capital projects are typically evaluated using quantitative analysis and qualitative information. There are two capital budget evaluation processes that take into consideration the time value of money Net Present Value (NPV) and the Internal Rate of Return (IRR) (Edmonds, 2007). Time value of money is necessary when comparing possible business investments that have different costs, cash flows, andRead MoreDifferent Aspects Of An Investment1433 Words   |  6 Pagesspending limit among the two. I made substantial analysis for the two corporations, as this is very significant for possible growth of our own company. I analyzed a five-year projected income statement and a five-year projected cash flow. I also determined the Net Present Value, and Internal Rate of Return among the two companies to make a decision. This paper also includes three peer-reviewed sources to combine with the theoretical explanations. Introduction The thought of acquiring another corporationRead MoreCaladonia Products Integrative Problem1382 Words   |  6 Pagesproven to be a wise hiring decision based on the Chief Executive Officer (CEO) view however he is still hesitant to give the assistant any large responsibilities without supervision. The CEO has tasked the assistant with both the calculation of the cash flows associated with a new investment under consideration and the evaluation of several mutually exclusive projects (Keown, Martin, Perry, Scott, 2005). The lack of experience on the assistants part has also lead to the CEO requesting not only thatRead MoreProject Selection Method For Project Management Professionals Essay1560 Words   |  7 Pagesmethod: This selection method is used in selecting projects which are based on the present values of estimated cash out flow and inflow. Cost benefits are calculated and then compared to with other projects to make a decision. The technique used in benefit measurement method are as follows: PAYBACK PERIOD The payback period for a project is the initial fixed investment in the project divided by the estimated annual net cash inflows from the project. The ratio of these quantities is the number of yearsRead MoreAn Evaluation Of Capital Budgeting1137 Words   |  5 Pagesgive a concise view of the process management takes to determine the return on a potential investment. After analyzing this concept, the following methods used in making capital budgeting decisions will be discussed: internal rate of return, net present value, and payback period. For each of these three methods, an explanation of the strengths and weaknesses, how they are used, and decisions rules will be given. Capital Budgeting When management of a company is deciding on developing a new product

Business Law Civil Act

Question: Describe about the Business Law for Civil Act. Answer: According to section 5L of Civil Liability Act 2002 accused is not liable for any harm suffered from risk which is obvious in nature and arise in any dangerous recreational activity. In this section, the defendant is not held liable for the negligence which cause harm to the plaintiff, if such harm was caused because of the risk which is obvious in nature and arise from the dangerous recreational activity in which plaintiff is engaged at his own will. This section was applied on the plaintiff in the case if plaintiff is not aware of the risk[1]. Section 5M of Civil Liability Act 2002 states that accused is not liable for harm caused to the plaintiff and he not own duty of care towards the plaintiff, if plaintiff engages in the dangerous recreational activity at his own will, and risk related to that activity was already conveyed to the plaintiff through warning. For the purpose of this section a risk warning is a warning which is given in that manner, which is suitable for warn the public in general way regarding the risk related to recreational activity. Defendant is not responsible whether person understands the warning or not[2]. According to section 5R which state the provision related to contribution of negligence. This Section determines the contribution of plaintiff in negligence of risk. In this court determine whether the person who got injured is equally negligent in taking precautions related to risk which is associated with the activity and cause harm to the plaintiff. For the applicability of this section court consider two factors: Whether plaintiff is in that position in which he avoid injury and take precautions. Court also determines how much plaintiff knew at that time[3]. For the applicability of the above sections it is beneficial that we discuss the meaning of dangerous recreational activity. According to Section 5K of Civil Liability Act 2002, dangerous recreational activity means any recreational activity which includes risk of physical injury. Recreational activity includes the following activities: It includes any kind of sport activity, whether or not that sport activity is organized. Any activity which is related to enjoyment, relaxation or leisure. Any activity which is done at places such as beaches, parks or any other places, in which public generally engage in sport or any other activity which relates to enjoyment, relaxation or leisure[4]. In this case Mid Winter Show organizers at Paynesville organize a chair-o-lift ride for the show which was happened in weekend. They arrange this ride for the second time, because they already arrange this ride in show happened in previous year. Billy and Meg attend the show and decide to enjoy the ride. They both purchased tickets for this ride from the ticket window. Attendant forgets to tell them that the conditions related to ride are mention in the ticket, but they both signed the conditions mention on the ticket. Billy and Meg notice that something was written on the ticket but did not read that writing, and sign the ticket without reading it. They both assume that this was mere entry ticket. Notice contains terms and conditions were stick on the central pylon in the middle of the ride. The notice which contain terms and conditions for right was faded, and terms and conditions mentioned on it was not shown properly. When Billy was getting off from the ride he fell, and he suffered hand and arm fractures. His teeth were also cracked. Billy wants to sue the organizers for damages. Organizers argue that clause was mentioned on the back of the ticket which states that person enjoy the ride at his own risk. The owners are not responsible for any physical harm caused to person because of the ride. In present case, the main issue was whether or not organizers are liable towards the Billy, who got physical injury at the time when he gets off the ride. In this case, section 5M, 5L and 5R of Civil Liability Act 2002 are applicable and organizers are not liable towards the Billy and do not own any duty of care. It was clearly mention that Billy and Meg both sign the tickets in which all the terms and warning consider the ride was mention, but they did not read the warnings and conditions and sign the ticket. It was also mention that Billy attends this show for the second time, and he already attended the same show organized in the previous year. In this section 5M was applied which states that if risk was conveyed to the plaintiff then defendant is not liable towards the plaintiff and in this risk was conveyed to the Billy through ticket which he signed. The second fact was Billy engages in dangerous recreational activity at his own will and according to section 5L of Civil Liability Act 2002 accused is not liable towards the plaintiff regarding risk which is associated in any dangerous recreational activity, and in this case Billy is entered into dangerous recreational activity. In this one more section that is Section 5R is also applicable which determine the contribution of plaintiff in the negligence, and in the present case Billy was second time attended the show and he was aware from the risk associated with it. Billy also sign the tickets in which all the terms and warning which convey the risk associated with the ride was mentioned but he sign the ticket without reading those warnings. Therefore in this case we clearly conclude that Section 5M, 5L and 5R of Civil Liability Act 200 was applicable, and organizers of Mid Winter Show were not liable for any damages towards Billy. Bibliography Legislation CIVIL LIABILITY ACT 2002 S 5L CIVIL LIABILITY ACT 2002 S 5M CIVIL LIABILITY ACT 2002 S 5R CIVIL LIABILITY ACT 2002 S 5K

Personal Commentary free essay sample

According to an article published in Dagens Nyheter, this is together with the growing population and poor weather the greatest reason for the increasing food prices. [pic] The size of the population is one of the factors affecting the demand, which is defined as the quantity of a good or a service that consumers are willing and able to purchase at a given price in a given time period. As the population of the world grows, so does the demand for food. Given that the price is raised it will become more favourable for producers to increase their supply, referring to the Law of Supply which states that â€Å"as the price of a product rises, the quantity supplied of the product will usually increase, ceteris paribus (all other things being equal)†. If the producers are able to increase their supply, the prices might decrease as Lennart Bage, President of the United Nations Fund for Agriculture Development (ISAD) states: â€Å"the prices might drop slightly when the access is rising due to demand†. We will write a custom essay sample on Personal Commentary or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page pic] With the opportunity of making a greater profit when supplying, many producers would probably like to increase their production as the prices on the market rises. This would move the supply curve to the right, from S to S1, lowering the price from P1 to P and thus reaching a new equilibrium at price P and quantity Q2, as seen in the diagram above. But due to poor weather and other factors affecting the agriculture, it might be hard to raise the supply. The use of transgenic or artificial fertilizer may simplify and increase the production, but considering our western world’s negative opinion towards these kinds of accommodations, it might be hard to carry out and to make profits. [pic] Another way of reducing the prices might be price controls. Often when it deals with basic food commodities, the government might interfere by setting a maximum price which is below the equilibrium price and prevents producers from raising the price above it. This will enable the poor to afford the food, but due to the change in price, the demand will shift to the right along the curve. As seen in the diagram above, there will now be an excess demand at price PMax, as the quantity supplied is Q while the quantity demanded is Q2. This excess is most appropriately solved by increasing the supply, shifting the supply curve to the right from S to S1, which is blue and crosshatched on the diagram in order to make it easier to imagine the situation without the S1 curve. Now a new equilibrium is reached at Pmax and Q2. Increasing the supply can be done by the government in several ways, for instance by offering subsidies to firms and industries producing the product, giving them an opportunity to increase their production. But according to Lennart Bage, many countries’ interest in subsidising agriculture has decreased the last 10-15 years and therefore the importance in increasing the supply must be clearly spread and understood. Even though our environment is of greatest importance, our living conditions are so too.