The Macro Environment Analysis Economics Essay

The Macro Environment Analysis Economics Essay The macro environment is made up of 6 uncontrollable external factors. These factors influence an organizations decisions, business and financial strategies as well as its overall performance. These factors are : Economic, Demographic, Social Cultural, Natural, Technological, and Political. 3.2 Demographic environment: The demographic factor covers topics such as age, gender, date of birth, average family sizes and so on .Population Growth The United States has experienced a substantial influx of people. Within the last 10 years there has been an increase of over 33 million people, making the U.S. the most heavily populated nation in the world. A steady but constant population growth is expected for the next 50 years. We can expect an increase in the number of American guests at the Marriot Amsterdam. If the marketing strategy is tailored in order to draw more away from Hotels such as the Hilton. The situation in Europe is different than in the USA. The European Union has a total population of almost 500 million inhabitants (27 states of the European Union) whereas Europe has 732 million inhabitants. Within the next 40 years the population is predicted to decrease to approximately 630 million inhabitants in 2050. This can be seen as a threat in the long run because the impact on the industry is that the volume of the market will shrink as the total resident population will shrink.  [i]   3.3Economic Environment Among the importance of people who make up markets is the importance of their purchasing power, level of employment, GDP, and rate of inflation which is determined by the economic environment. Both GDP growth rates increase on a low, but steady level. Due to the recession, it is likely that negative growth rates occur within the next five years for both western economies. Recovery is predicted on a very low level for the year 2012. India in comparison has a quite low GDP at the moment, but is predicted to catch up with big steps of over 100% per decade. With annually GDP growth rates of 6 to 10 percent during the last decade India is one of the world fastest growing economies. The latest recession hardly hit the country but recovery is predicted to take place more rapidly, profoundly and on a far higher level than in western economies. Inflation The inflation is an important indicator for purchasing power in an economy. Symptoms of inflation are increasing prices and therefore consumers decreasing purchasing power.  [ii]   Credit crunch By mid-2008 the financial crisis turned out as a result of the economic turn down, the sub-prime mortgage crisis and the collapse of the housing market.  [iii]   The collapse of the housing market led to a bank collapse resulting in a massive liquidity crisis. This became a worldwide problem: the ongoing credit crunch. Stock markets crashed worldwide. The credit crunch is affecting business as well as consumers.  [iv]   To conclude, this is a threat for any company because consumers are losing their purchasing power in the EU, US, Japan and UK. Besides that, consumers are more careful with their money because they want to save it in case that they will lose their job due to the economic crunch. Saving rate The saving rate reveals insights of the spending patterns of one country inhabitants. This figure shows the personal saving rate of the USA, Canada, UK and Germany. Due to cultural differences the saving rate of Germany and other European countries is traditionally higher than those in Anglo Saxon influenced countries. The more interesting development is the increase of the saving rate in all four countries after the year 2007. This is caused by the credit crunch and the following recession. During times of economic downturn people tend to save money. They are becoming anxious about their jobs and the future. The increase of the saving rate is a potential threat because peoples spending priority lies on essential goods and services rather than on luxury items. The main market would be for business guests and baby boomers who do not mind spending some extra money in order to have the comforts they have become used to. Income level of the target markets Nations vary greatly in level and distribution of income and industrial structure. Our analysis is focusing on industrial economies and their consumers. These economies are seen as rich markets for all sorts of goods and services. Unemployment From 1993 up to 2009 the unemployment rates for as well the EU, UK as for US are increasing and decreasing through the years. Increasing unemployment rates are for each company a threat because when consumers loose their jobs their purchasing power is decreasing.  [v]   The unemployment rate will average 9.2 percent in 2009, 9.6 percent is 2010 in the USA. The forecasting average for 2011 is 8.9 percent and for 2012 8.7 percent is forecast. The rising unemployment rate is a threat for the Hospitality industry in that consumers are more likely to save their money than spend it when unemployed. Even if they want our services they do not have the financial resources available to them. 3.4 Social-Cultural Environment Corporate social responsibility (CSR) was developed as a type of self regulation. Typically integrated directly into the business model of the corporation. The premise is that the corporation that has integrated with CSR will conform to certain pre-determined norms of society when engaging in business. The norms would vary from legal, social, ethical, moral, environmental as well as an increase in concern over the various elements of the public. Elements such as, but not limited to; the community as a whole, customers and employees. Although this moral business concept appears to be sound CSR has come under constant criticism. Many claim the moral aspect of CSR is nothing more than a faà §ade, allowing these companies to, in fact, exploits the situation at hand. The psychological effect of terrorism is also a factor we have to keep in mind. The frequency of travelling is decreased by this occurring factor. 3.5 Natural factors Macro factors are those factors that the company cannot influence itself, but these factors can certainly have a great impact on how the company is will perform. The Marriott hotel in Amsterdam lies in the center of the Netherlands with a sea climate. This means that all year round the weather will be mild with no extreme summer or winters. While these factors might not directly influence the performance of the hotel, others can. When looking at the volcanic eruption, which took place in the midst of April 2010, airlines cancelled all flights and passengers were stranded. While this at first presented a boom in occupancy due to stay-overs, the long run presented problems as many meeting were cancelled. This presented a downfall in revenue; fortunately problems were solved after 2 weeks when the eruption ceased. The hotel can of course never fully predict certain circumstances but after this experience should be prepared for it. Besides weather factors that will put pressure on business, the trend is shifting towards producing eco-sustainable business. Producing and running your business in a nature friendly way. When looking at the hospitality industry we can give examples as not overly washing linen, using soap dispenser, recycled paper/pens, dividing trash, light sensors, special heating systems, laundry detergent. 3.6 Governmental Due to relatively recent events there has been a major force affecting the hospitality industry. Of course due to the shrinking world phenomenon business travel has become more and more of a necessity but recreational travel has dropped substantially. In hospitality, even before the attacks the picture didnt look good. According to Smith Travel Research, U.S. hotel occupancy was 61.9% year-to-date through June 2001, a drop of 2.7% compared to the same period of 2000. RevPARs declined 0.4 % to $58.99. Preliminary figures indicate that occupancy rates and RevPARs were down 2%-4% in August of this year, compared to August of 2000 (Smith Travel Research). Another strong political force which will affect the Marriot is the increasing worldwide attitude towards smoking. Currently, the Netherlands has an approach of only specialised areas or small, private establishments are permitted to allow smoking in their premises. Smoking in public places or train/bus stations is also prohibited. By o ffering a specialised and separate area (the Cigar Bar) there is a greatly increased likelihood of attracting a larger customer base. This is due to catering to a larger customer base demographic. 3.7 Technology Improving productivity is the main goal of technology. Especially for information technology (IT). In studies there is proven that there is a relationship between IT investments and the productivity and performance of the business. Due all the new technology that has appeared over the years. Front office applications, restaurant and banquet management systems, and guest-related interface applications. We assume that these rapid changes in technology will continue. vii 3.8 Conclusion Threats: US dollar exchange rate for Euro will drop by 5% in 2011. 10% increase of energy prices in 2011. Smoking prohibition. Rapid change in technology Opportunity: Small growth in European economy of 1% in 2011. Slow recovery of US economy and rise of GDP of 2% in 2011. Corporate market in Europe will show a growth of 2%-5%. 10% increase of Chinese travelers in 2011. International tourism in the Netherlands will grow 5%. Rapid change in technology Micro Environment 4.1 Market structure Marriott hotel has a monopolistic competition, which means that the company faces a large number of firms each having a small proportion of the market share and slightly differentiated products. The main demand for the Marriott hotel is leisure and business guests. Customers: Segmentation Amsterdam The Netherlands Business transient 53% 36% Leisure individual 22% 37% Tour groups 8% 7% Conference 12% 15% Others (crew) 5% 5% Total 100% 100% Business Transient: Based on the following assumptions and information the Marriott can expect an increase of business transients compared to the previous years. The main points are as follows: 10% growth in 2010 in produced revenue of ASEAN (Thailand, Indonesia, Malaysia, Philippines, Singapore, Brunei, Burma (Myanmar), Cambodia, Laos and Vietnam), India, Turkey and Brazil. UKs GDP economy expects to rise 2.7% and economy is recovering slowly. (http://www.finfacts.ie/irishfinancenews/article_1019481.shtml) American economy expects a rise in GDP of 2% and economy is recovering slowly. European economy will grow in 2011 with 1% The above information shows that the economies in the major segments for the Marriott are increasing. Thus, companies will have to send their employees again on business trips. One downside of this assumption is decrease of the US dollar exchange rate of 5%. Therefore especially the American business guests will be more then price sensitive and expect to have more service included (e.g. internet). However as we are expecting that the British pound is increasing in 2011 we can assume that the British guests (20% of guests staying at the Marriott Amsterdam) will continue to travel. Individual Tourists: Based on the following assumptions and information received the Marriott can expect an increase of Individual Tourists compared to the previous years. The main points are as follows: EU citizen are expected to have a growth of 5% Expected growth of short breaks and weekend trips to cities. As the GDP in the USA and UK are expected to rise, it can be assumed that it will have a positive correlation on the standard of living of citizens of that country. Only the US market will not increase tremendously as the exchange rate for the US dollar will decrease by 5 %. However the British Pound is expected to rise compared to the Euro. Conference Participants: Based on the assumption and information received the Marriott can expect an increase in conference participants compared to the previous year. The main point is as follows: The same reasons as for business transients can be used to explain the increase of conference participants segment. Companies are expected to produce more goods and therefore will attend and conduct again trade show, conferences, meetings etc. Tour Groups / Other Rates: Based on the following assumption and information received the Marriott can expect a decrease in Tour groups and other rates compared to the previous year. The main reason is as follows: As we are expecting a rise in the business transient, leisure guest, conference participants the Marriott will not be able to sell as many rooms through the discounted channels. Therefore the rooms sold to Tour groups will be less. Contract: Based on the following assumptions and information received the Marriott can expect an increase in contract rates compared to the previous year: The main reason is as follows: In year 2010 the produced revenue was far above the expected budget. As Marriott Corporate Office is urging the hotels to put a focus on they contract rates we can expect again an increase in this segment. However Marriott Corporate Office advises the Hotels not to discount the rates less than 25% of the average daily rate (otherwise the head office needs to be contacted for approval). 4.2 Distribution Channels: Business Transient Individual Tourists Conference part. Tour Groups Other Social media 25% 10% 50% 25% 50% Central Reservation System 34% 32% 40% 20% GDS 27% 10% 30% Travel Agent 2% 15% 10% 25% 30% Hotel Website 12% 17% 20% 3rd party websites 16% Social media is a very effective way of distributing, due to the snowball effect. Direct Sales by the hotel are of course also very important. The Central Reservation System of the Marriott is also used to distribute itself so are the Global Distribution System, Travel Agents (via GDS), the Hotel Website and Third Party Websites (Expedia etc) 4.3 Internal financial decisions: Internal financial decisions consist of financial decisions made within the Marriott chain or the Marriott hotel Amsterdam itself, or financial opportunities within the company. The weaknesses and strengths are also a part of this. Marriott International as a stakeholder has more general objectives and goals regarding ecology, human rights, shareholder equity. 4.4 Public: To know what the public or guests thinks of the Marriott hotel, they use: feedback forms, customer reviews. The reach the public we make use of marketing and media campaigns. The presence of Social Media is getting more and more important and is already a successful marketing tool. But only the bad feedback on an online platform like Facebook, Twitter, MySpace etc will have a big influence on customer perception. We assume that our public has a good overall image of the hotel. We do not exclude complains because you cant anticipate on everything. 4.5 Company: FB shall become more coordinated in using international Marriott concepts for outlets. Two concepts will be uniformly implemented in Marriott hotels worldwide: The Midtown Grill and The Cigar Bar, as these concepts are now regarded as a standard feature of our hotels by loyal guests, especially US guests. 4.6 Competitors: After studying and analyzing the Amsterdam Marriotts budget for the first case assignment, in this chapter we will focus on the current and future market situation and developments. No guests no business! Therefore the Marriott hotel has to know its competitors by hard to be a step ahead and make use of its advantages to gain an even bigger share of guests and increase revenue as well as profitability. Competition can be differentiated into four main forms: product form competition product category competition general competition budget competition. In this assignment we will basically focus on product form competition as well as on general competition in terms of f b outlets. In case of the Marriott Hotel this means identifying and analyzing competitors, which offer and deliver the same kind of products and services. Following characteristics were used for the selection process of hotel competitors: shelter dining business facilities high-quality interior luxury ambiance The current product competition consists of following hotels: The Grand Okura Hotel Grand Hotel Amstel The Hilton Amsterdam Eden American Hotel Since the Leidseplein offers more than 120 restaurants in close proximity, it is rather difficult to define and analyze competition. In the case of the Sorels Midtown Grill we chose competing restaurants offering similar cuisine and/or attracting the same customers. Following characteristics are involved for selecting direct restaurant competitors: location cuisine attire/atmosphere opening times The competition consists of following restaurants at the Leidseplein: Cafà © Americain Los Argentinos Barbecue Castell Hard Rock Cafà © Amsterdam Gauchos Amsterdam 4.7 Possible future hotel competitors: Due to a recovering world-economy and forecasted trends about travel behavior/ travel patternsof countries such as the USA, European, BRIC ASEAN countries, overnight stays of business and leisure guests will increase in Amsterdam. As there is still sensitivity regarding price-value ratio, especially in the corporate business, following hotels are possible new competitors in 2011. Hotel Classification Room numbers Location Date Eden Amsterdam Manor Hotel 4**** 100 Linneausstraat 89 1093 EK Amsterdam March 2011 Conservatorium Hotel Amsterdam 5***** 130 Keizersgracht 62-64 1015 CS Amsterdam, spring 2011 Artotel Amsterdam 4**** 105 Close to Centraal Station spring 2011 City Inn 4**** 540 Oosterdoksstraat 4 1011 DJ Amsterdam spring 2011 4.8 Market dynamics: Interaction between hotel and fb regarding demand and supply is efficient. But the changes and the dynamics of the market is beyond control of the hotel. Because the hotel business is not in an free (open) market. 4.9 Conclusion: Threats: Social Media Possible future hotel competitors Midtown Grill as a steak house to specific Opportunities: Commission will be reduced from 3% to 1%. Growth of fixed contracts. Growth of conference and banqueting segment Cigar bar. Occupancy Social Media Growth of business segment Marketing Management 12e page 79

Biology and Chemical Warfare Essay -- science

Biology and Chemical Warfare Introduction Chemical and Biological Warfare, use of harmful or deadly chemical or biological agents as weapons of war. These agents can kill many people and are considered weapons of mass destruction. Chemical weapons are made up of poisonous chemical compounds, whereas biological weapons are living microorganisms. Toxin weapons contain poisonous chemical products of living organisms and are sometimes classified separately. Chemical and biological weapons can cause injury in several ways. Most cause injury or death when inhaled, and some cause injury through contact with skin or through ingestion of contaminated food. A chemical or biological attack usually involves dispersing agents into the air. This can be done in various ways, such as firing artillery shells that burst in mid-air, or using airplanes to spray the agents over an area. If released outdoors, these types of weapons can be affected by weather conditions. Rain would reduce the effectiveness of the agents, and wind might spread them in unexpected directions. Because chemical and biological agents are seen as random, dangerous, and particularly cruel weapons, they have rarely been used. In the 20th century, chemicals were used extensively as battlefield weapons only in World War I (1914-1918) and the Iran-Iraq War (1980-1988). The release of the nerve agent sarin in a Tokyo subway in 1995 was a rare terrorist chemical attack. The 1972 Biological Weapons Convention and the 1993 Chemical Weapons Convention are the most recent international agreements prohibiting these types of weapons, and both have been signed by many countries. Nevertheless, analysts contend that following the Iran-Iraq War, more countries began to secretly develop chemical and biological weapons, and the threat of their use has become greater. Iraq in particular has been accused of stockpiling such weapons, and Iraqi resistance to United Nations weapons inspections in the late 1990s raised international awareness of the need for stronger efforts to control biological and chemical weapons. II. Chemical WarfarePrint section Chemical warfare involves the use of chemical compounds to kill or seriously injure an enemy. Several countries began eliminating their chemical weapons stockpiles in the 1990s, but the threat of their use still exists. A. Chemical AgentsPrint section... ...s, an explosive release is not necessary. Members of Aum Shinrikyo attacked the Tokyo subway by packing sarin in plastic containers. To release the nerve agent, they pierced the containers with sharp umbrella tips. The leaking liquid and vapor affected thousands of passengers. Microorganisms are generally more fragile than chemicals, and some might not survive an explosion. But several, like anthrax spores, do remain potent after an explosive release. In any case, United States Army tests have shown that biological agents can be broadly dispersed in a variety of non-explosive ways. In the 1950s and 1960s the Army released bacteria and chemical particles in hundreds of tests in populated areas throughout the country. Agents were sprayed at San Francisco from a boat offshore, dispensed from slow-moving cars in Minneapolis and St. Louis, and released from light bulbs dropped in the New York subway. The bacteria and chemicals in the tests were not as dangerous as actual warfare agents, although they posed some risks to the exposed populations. They demonstrated that an enemy or terrorist could expose millions of people to disease-causing organisms by a variety of simple techniques.

Allusions in Brave New World

Henry Ford served as the inventor for the assembly line. He believed that the idea of independently manufacturing products was too inefficient and cultivated the idea to move the product instead of the people building it. Ford also pioneered technological research in developing products. Ford served as the turning point for technology; introducing and utilizing break-through ideas. Not only did he change how automobiles were manufactured, he changed the way people thought about technology. He made new technologies readily accessible and set the standard for the 20th century.In Aldous Huxley’s Brave New World, Huxley makes Ford the center-point for why the new society was created, the old one was un-happy and inefficient. Replacing God with Ford, Brave New World, showcases how Ford’s ideas could have been implemented. 2. Vladimir Lenin was the first person to make a country completely communist. With his uniting of the Soviet Union, Lenin integrated his communist ideolog ies into its member countries. Lenin derives many of his beliefs from his time when he was a member of the Bolshevik faction. This is where he accumulated Marxism fundamentals. Unlike in Brave New World, Lenin believed in a single class.Brave New World, invasions a perfect society with multiple social classes. In these classes, all of their members are perfectly fit with where they stand in society. There is neither backlash nor hatred among the population against the other classes. Lenin, however, believes that having different classes arouses hatred amongst a society’s citizens. 3. Thomas Malthus was an English economist that is much acclaimed for inventing modern-day rent as well as sparking awareness of population growth. The father of Malthusianism, he believed that economic factors were to be held above all else in a society.He also believed that England’s out-of-control population growth would eventually hurt the economy. He believed that the government should p lay a role in determining population growth. He was also, however, a firm believer in natural selection. Brave New World follows many of Malthus’ ideas. The primary being his belief of population growth control. Huxley implements this by having the government control all factors of the population and essentially removes bad-traits through natural selection. The society only produces people that have few DNA imperfections, allowing them to be the strongest.This essentially removes natural selection as a problem for the society. 4. Thomas Hunt Morgan was an evolutionary geneticist. He is praised with having found that genes are carried on chromosomes. Morgan also found the significance of sex-linked traits and was able to prove Darwin’s sex determination theory incorrect. Brave New World demonstrates Morgan’s genetic heredity theories by utilizing genetics to artificially create people. 5. Lewis Henry Morgan was an acclaimed anthropologist. He theorized that socie ty in general is much greater than the need for a family.He stressed that kinship must be attained by all of the societies members. He also believed that people must sense belongingness within a group in order to feel happy. Brave New World demonstrates Morgan’s fundamentals by embracing the need to belong, in order to feel happy. Citizens in Brave New World are made to feel happy by having a sense of belongingness within their own social class. They put down other social groups and only feel good about theirs. Each member is happy where he or she is in the class system. 6. Benito Mussolini was an Italian fascist dictator. Mussolini believed heavily in the national or group based identity.He wanted his citizens to act as one, having extreme pride for their nation and hiding their personal identities. He demanded that foreign influences be eradicated. Brave New World embraces Mussolini’s ideas by having its citizens share a mass-identity within their class. Individual i dentity differences are put aside and people only classify others past upon their class. 7. Herbert Hoover, a former U. S. president, believed that efficiency was the solid backbone of an economy. He theorized that the U. S. economy was heavily inefficient and as a result was beginning to slow down.He instituted many new government policies that were built upon this idea. Brave New World demonstrates this efficiency policy into the society’s main economy. The government controls most enterprises and believes that inefficiencies would slow down the economy. Automation and technology are utilized whenever possible. 8. Leon Trotsky was a Russian communist leader in the early 20th century. His beliefs, called Trotskyism, stated that the working class should have supreme power in government control. Brave New World implements Trotsky’s ideas through social classification with a cast system.Although there is a working class and wealthy class, the majority are working class m embers. Socialism is also used throughout Brave New World by the distribution of wealth and control. 9. Charles Darwin was the father of evolution and natural selection. Darwin brought about the idea of genetic evolution by theorizing that only the strongest in a population will survive and be able to carry on their genes. Brave New World takes on these ideas by utilizing genetic engineering to ensure that the society members have the best genes and have few DNA imperfections.This ensures that the members of a class will not be able to become stronger than the high class. It also ensures a broad single identity amongst a class’s members. 10. Napoleon Bonaparte was a military ruler and dictator of France and eventually most of Europe. Bonaparte used many tactics in order to control his population. He introduced Napoleonic code, which stated that men were superior and outlined a new French government. He also heavily utilized propaganda by controlling the press and restricting access to historic publications. Brave New World shares many parallels with Bonaparte.The government uses censorship in order to control public opinion. They ban texts such as Shakespeare in order to alleviate artistic interpretations and opinions. 11. Hermann von Helmholtz was a German physicist that introduced the conservation of energy and electrodynamics. Helmholtz believed that technological innovation within science was lacking but the information in order to so was. He presented that technology could be used to grow society and make it more efficient. Brave New World takes some of Helmholtz’s ideas about technological innovation and efficiency. The society pushes itself to keep innovating.The society also embraces science as a way of life through shared concepts such as thermodynamics. 12. John B. Watson was a psychologist of the behaviorism philosophy of psychology. Watson regarding everything that humans do, such as thinking, acting, or sensing, can be regarded as be haviors. These behaviors can be altered through classical or operant conditioning. Brave New World uses these ideals in order to shape how the society members think and act. Classical conditioning is used in order to change people’s behaviors. These are as simple as thinking a pant color looks good or bad. 13. Karl Marx was a German communist philosopher.He presented his ideas through Marxism, a sub-unit of communism. Working with Friedrich Engels, he believed that capitalism was a corrupt economic policy, stating that it would eventually lead to socialism, followed by communism. Brave New World encompasses his ideas by separating classes but having each class feel good about itself. Alphas look down upon epsilons, but epsilons also look down upon the alphas, instead of having jealousy. Brave New World shares the ideas of Marx but does everything possible in order to avoid them. 14. Friedrich Engels was an industrialist and co-founder of Marxism.Engels believed in a single wo rking class with quality. Brave New World takes Engels ideas and tries to do everything possible in order to avoid a Marxist based situation. Although there are different classes, they all share similar working types and although there are higher classes, there is not a classic cast system of the haves and have-nots. 15. Jean Jacques Rousseau’s Noble Savage depicts the idea that society corrupts the good natural state of a person. Brave New World shows the noble savage as John. Not correctly anticipating the new society makes him loose his values.It shows how society changes a person’s personality in order to fit within the society. 16. The quote â€Å"God’s in his heaven – all’s right with the world† in the poem Pippa Passes is modified in Brave New World. The words God and heaven and substituted by Ford and flivver respectively. Ford is used instead of God, as modern-day religion does not exist within the new society. Ford is referred to a s the cultivator of the society. Flivver is used instead of heaven as flivver referrers to something unsatisfactory or low in quality. Flivver is also used to describe old cars, notable since Ford created the modern automobile.When stating that Ford is in his flivver, this indicates that Ford has changes the world forever. Basically stating that Ford is happy where he is, the state of flivver. 17. Shakespeare’s The Tempest is used within Brave New World as an ironic symbol for the new society. When John of Brave New World and Miranda of The Tempest say â€Å"O, Brave New World†, they do not what the new society is like. They both incorrectly mistake the new world as perfect with no imperfections. Unlike Amanda, John eventually realizes the imperfections of the new world. Amanda never finds out the truth. 18. Soma is an ancient Indian herb drink.It was used to give energy to the consumer and is considered a spiritual drink. Brave New World citizens consume soma in order to relax anxiety and stress. 19. Mustafa Kemel Ataturk was the first ruler of modern-day Turkey following its independence from the Ottoman Empire. Kemel was a liberal-progressive who introduced a new Turkish alphabet and introduced many reforms under Kemalism. These included the removal of religious law and introduction of women’s rights. Brave New World encompasses several of Kemel’s beliefs such as the belief of socialism and government-controlled entities.

Human Trafficking And Child Prostitution - 2104 Words

Introduction â€Å"When a little girl is sold by her impoverished family—girls my daughters’ age—runs away from home, or is lured by the false promises of a better life, and then imprisoned in a brothel and tortured if she resists—that’s slavery. It is barbaric, and it is evil, and it has no place in a civilized world.† This is a quote from President Barack Obama in 2012 addressing human trafficking and child prostitution within the U.S. In America, there is a conception that human trafficking only happens in less-developed countries. However, the U.S. is the second most prominent destination country for human trafficking in the world (Hodge Lietz, 2007). Cities such as Atlanta, Chicago, Los Angeles, and Detroit are amongst the U.S. cities with high incidences of child prostitution (Hodge Lietz, 2007). Some of these children are seen as having entered through ‘choice’ while others are seen as being forced through human trafficking. The purp ose of this paper is to examine the social, economic, and cultural factors that lead to these children’s involvement in prostitution. Additionally, this paper will address United States policies on child prostitution and potential intervention strategies. Evidence Child prostitution is a problem not only globally but, specifically, here in the U.S. Each year, 1.2 million children worldwide are trafficked for sexual intentions. In the U.S., it is estimated that 300,000- 400,000 children are exploited through prostitution annually (Fong Show MoreRelatedHuman Trafficking And Child Prostitution1145 Words   |  5 Pagesworld has to make a living somehow. The most unprotected and risky profession, in my opinion has to be prostitution. These men and women go to work without knowing who they will have to deal with and what could possibly happen to them. These individuals participate in this line of work not only to provide for themselves, but also for family members. 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