Unemployment Graph USA September-2011

http://data.bls.gov/timeseries/LNS14000000

The Poverty Level is Climbing up the Roof in the US

http://money.cnn.com/2011/09/13/news/economy/poverty_rate_income/index.htm?hpt=hp_t1

http://www.npc.umich.edu/

The Unemployment Figures through the Years in the USA

http://www.miseryindex.us/urbymonth.asp?StartYear=2001-01&EndYear=2011-07&submit1=Create+Report

Market Faillure

Market Failure is the inability of demand and supply to allocate resources in an efficient and effective way. When market failure occurs, the market mechanism has been unable to achieve its functions. In the event of market failure, when rationing resources, the market will exclude some consumers, the 'have-nots'. Similarly, when co-ordinating demand and supply, the small demands, or minority wants, are ignored. When trying to signal appropriate quantities of demand and supply and prices to charge, the market sometimes suffers from imperfect knowledge, giving out the wrong information. Finally, when trying to encourage enterprise in all industries, the market is unable to control each industry, and deficiencies such as monopolies within industries arise, hindering enterprise. In an ideal market when market failure is not present, a model of the market would look like