Macroeconomics of Financial Markets Assignment Example | Topics and Well Written Essays - 2250 words

Macroeconomics of Financial Markets - Assignment Example Remote organizations that might want to buy merchandise in the US need to change over the monetary forms they have into US dollars. Notwithstanding, a rising dollar makes the outside organizations to utilize a lot of their monetary standards to get a unit of US dollar. Consequently, the remote organizations will utilize more US dollars to acquire an item in the US. This implies organizations in the US that send out products and enterprises will incline toward a rising dollar. As the dollar rises, they get higher sums for the merchandise that they send out. This would be the equivalent for an European vacationer who goes to the US to visit the Grand Canyon. The vacationer should change the European pounds that the individual in question has for US dollars. In any case, in the event that the dollar is rising, it implies that the estimation of the dollar is declining. Subsequently, one unit of European pound will get more units of US dollar (Thomas, 2006). Along these lines, the Europea n vacationer will get more units of US dollars. The person in question will have the option to get to more items and administrations when the person arrives at the United States. Question Two The Fed can utilize different techniques to make cash. Making of cash alludes to the techniques that the Fed uses to deal with the amount of cash that is available for use in the economy. One of the techniques is through open market tasks. This alludes to buy and offer of United States’ government bonds (Ritter, Silber, and Udell, 2004). The Fed can purchase government bonds from general society. This expands the measure of cash available for use in the United States. As the administration purchases securities, it discharges cash into the economy. On the other hand, on the off chance that the Fed needs to diminish the measure of cash in the economy, it can sell government bonds to people in general (Mishkin, 2010). The offer of government securities makes the Fed take cash from general s ociety and offers the open bonds. Along these lines, the measure of cash available for use diminishes. The Fed can utilize business banks’ save necessities to impact the measure of cash available for use (Burton, Brown, and Burton, 2009). Business banks must hold a given extent of the stores they get. In this way, business banks can't loan all the cash saved in their records. An expansion available for later proportion implies that business banks will decrease the measure of cash that they loan to people in general. This decreases the measure of cash available for use. Then again, a diminishing for possible later use proportion necessity implies that business banks can loan more cash to the clients. Subsequently, the measure of cash available for use increments. The Fed can likewise impact the measure of cash available for use through the rebate window (Thomas, 2006). Business banks as a rule get cash from the Fed since it is the loan specialist of the final retreat. The Fed typically charges a premium at whatever point business banks acquire cash. The Fed can build the loan fee it charges to the business banks to diminish the measure of cash available for use. On the other hand, it can decrease the loan cost to build the measure of cash available for use. At last, the Fed can make proposals to the treasury with the goal that cash gracefully can be expanded through printing (Ritter, Silber, and Udell, 2004). The Fed doesn't legitimately control cash through printing or stamping. The treasury prints notes and mints coins. This technique can be utilized to coordinate the amount of cash in the economy. The most remarkable strategy is the open market activity. In any case, the most generally utilized strategy is the rebate window or rate. It empowers continuous decrease or increment in cash in

Management of International Business Essay Example | Topics and Well Written Essays - 3250 words

The executives of International Business - Essay Example This report will dissect the PEST investigation of the nation to portray the outside condition which can influence the matter of the specific organization. The report incorporates the SWOT investigation of the organization to enter in the new market. It is a mainstream device for investigation of vital situation of an organization and business condition. The primary purpose behind leading SWOT examination is to recognize the systems that can be lined up with company’s qualities in the earth where it will work. Through SWOT Analysis organization can assess its shortcomings and negative components which can influence its prosperity. It uncovers the chances and dangers from outer business conditions and appropriately assists with making procedure to handle them. This report will give data on the methodology of Corporate Social Responsibility of the forthcoming organization. At last this report will assess the conceivable section procedure of the organization by using certain valu able strategies. The nation which is being chosen for this report is India. The purpose behind picking India is that it has one of the rich social inheritances in Asian Region. During recent years after autonomy India has demonstrated great financial advancement. At present India has gotten one of the top industrialized nations universally (NIC, 2005). Indian Economy is the fourth greatest economy as indicated by PPP (Purchasing Power Parity) which is critical for an organization to work their business. India has gotten one of the ‘most alluring destinations’ for remote organizations and FDI (Foreign Direct Investment) since it have tremendous labor base, solid large scale monetary condition, and expanded common assets. Since the year 1991, India have been keeping up acceptable speculator wonderful condition by its current changed arrangement structure (INDIA.GOV.IN, n.d.). India keeps up law and guideline which is basic piece of fruitful business. India guarantees that all organizations are proceeding according to legitimate system of the nation. The organization which is picked for this report is Apple Inc which goes under PC equipment, programming and purchaser gadgets industry. There are two significant explanations behind picking Apple Inc. The primary explanation is that it’s headquarter is arranged in the US and it is a remote global endeavor. Additionally it is one of the greatest mechanical organizations on the planet (Newton, 2011). What's more, the subsequent explanation is the way that Electronics and IT industry is one of the quickest creating enterprises in India. The Host Country India has been picked in this report since it has long convention in innovation. It has demonstrated incredible accomplishment in innovative section since most recent couple of decades. India is fit for addressing national needs, and it has created as least reliance on different countries for fulfilling the requirements. India is fully informed regar ding about all cutting edge and advance innovation and can ingest promptly new advances for future turn of events (NIC, 2005). Alongside progression in outside speculation and exportâ€

8 Foods That Help Fight Stress

8 Foods That Help Fight Stress February 04, 2020 How Stress Impacts Your Health Overview Signs of Burnout Stress and Weight Gain Benefits of Exercise Stress Reduction Tips Self-Care Practices Mindful Living People Images/Getty Images   There’s stress eating and then there’s eating to reduce stress. Here are eight healthy foods that could  help fight stress.  And since stress and weight gain are intertwined, these foods  may also help you lose weight! Leafy Greens These veggies do a body good! Leafy greens contain folate, a vitamin that helps produce the feel-good brain chemicals serotonin and dopamine. When stress levels are high, you  want these chemicals flowin’!  Try some Swiss chard sautéed with olive oil  and  garlic. It’s one of my 5 superfoods to shake up your diet!  Other foods high in folate: asparagus, broccoli, citrus fruit, Brussels sprouts, and garbanzo beans (a.k.a. chickpeas). Yum! Turkey You’re getting very sleepy… and relaxed, thanks to the  amino acid  tryptophan found in turkey. It eventually converts to serotonin. And serotonin means  good feels. Pair it with some complex carbs to get the full benefit. Salmon This fish is a total superstar when it comes to nutrition! When we get frazzled, our bodies produce cortisol, a hormone that has been linked to extra belly fat,  among other  unfavorable responses. The omega-3s in salmon reduce anxiety and depression by combating that cortisol. Salmon also contains vitamin D, which has been shown to help with depression. Oh, and it helps you burn fat. Cant beat that! Blueberries Full of antioxidants, blueberries should definitely be part of your diet. They help produce dopamine, that stress-fighting chemical! And they’re delicious. Eat them  plain, on top of your yogurt, or stirred into oatmeal. And for a go-anywhere snack, try freeze-dried blueberries! Oatmeal Speaking of oatmeal, its another serotonin supplier. This complex carb will soothe your mood. If youre not a fan of hot oatmeal, try overnight oats.  Aside from the serotonin boost, making breakfast the night before  could  reduce your stress in the morning! Avocado To B,  or not to B? That is the question. It’s also the answer to why avocados are great for stress relief. Studies have found that feelings of anxiety may be rooted in a vitamin B deficiency. Avocados contain  vitamin  B, so avo it up! This tasty treat (fun fact: its a fruit!) is a  fantastic  substitute for mayo on your sandwiches. And obviously, its essential for guacamole! Avocado is also a great source of monounsaturated fatty acids, which can benefit weight loss. Seeds These versatile lil guys are helpful at busting stress. Flax and chia are seeds with the highest amount of healthy omega-3s, so stock up on ‘em. They make great salad toppers, soup toppers, yogurt toppers… theyre TOP notch! Here are some other tasty ways to  enjoy  chia seeds. Tea Just the thought of sipping a mug of hot tea sounds calming, doesn’t it? Schedule in some tea time: chamomile, green tea, and black tea all work, so pick your favorite. Studies have shown chamomile tea aids in lessening anxiety symptoms. Similarly, a Japanese study found that drinking five cups of green tea each day could reduce stress by 20 percent. If you’re someone who gets frazzled after having caffeine, keep that in mind, and go for decaf!

Hector s Behavior On The Playground - 1551 Words

â€Å"Early in 1st grade, Hector participated in a new behavioral program to address his sudden mood swings and frequent arguments and fights – both during class and on the playground. His teacher taught Hector specific social skills to improve his competence in such areas as answering questions, controlling his anger, and getting along with others. While working in a small cooperative group with three other students, Hector was able to observe firsthand other children who behaved properly at school. By the end of 1st grade, Hector’s behavior had changed dramatically. Hector was appropriately engaged and worked hard to complete his academic assignments each day. His behavior on the playground improved as well. Rather than response impetuously, Hector kept his temper and played cooperatively with other children. No longer viewed as a disruptive student, Hector, and his family, now look forward to a bright future with realistic hopes for continued success and high achiev ement in 2nd grade and beyond.† (â€Å"History of IDEA†, 2007 p. 1,2) This is only one example of how the components of the Individuals with Disabilities Education Act (IDEA) has impacted education of students with learning disabilities. Many children like Hector were not given opportunities to excel in academies and some were not even allowed in schools until after IDEA was created in 1975 (â€Å"History of IDEA†, 2007 p. 1). The creation of the Individuals with Disabilities Education Act opened many doors for students’Show MoreRelatedProject Mgmt296381 Words   |  1186 Pagesmhhe.com About the Authors Erik W. Larson ERIK W. LARSON is professor of project management at the College of Business, Oregon State University. He teaches executive, graduate, and undergraduate courses on project management, organizational behavior, and leadership. His research and consulting activities focus on project management. He has published numerous articles on matrix management, product development, and project partnering. He has been honored with teaching awards from both the Oregon

How Do Power And Culture Shape Gender Brazil - 1193 Words

Josà © Lemus Dr. Ari History of Brazil Due 3/29/17 How do power and culture shape gender in Brazil? (1200 Words) The definition of gender expectations within Brazilian society have evolved over time to suit the needs and interests of the political elite. While the Victorian ideals of the colonial period echoed its European counterparts, gender expectations of the early and mid-20th century drew their shape from the intellectual and political objectives of the military regime. While the transformation of gender norms within Brazilian history illustrates the malleability of social categories, we can understand through an analysis of historical markers, that gender norms within Brazil continue to be shaped by the interests and objectives of†¦show more content†¦Similarly, while women were still expected to serve the triple role of lover, partner and mother, the popularization of the Fatherland ideal, highlighted female importance within Brazilian society as caregivers and protectors of the fatherland’s offspring. The industrialization of the 20th century brought with it a need for an evolution of the sociocultural norms of modern Brazilian society. Higher labor demands and a rise in consumerism challenged pre-established gender norms of the 19th century, and pushed Brazilian society towards more efficient and modern gender expectations (Besse 18). Eugenics sentence Feeding off the fear of the collapse of the institution of marriage, Brazilian intellectuals and politicians advocated for the formation of an educational structure that would preserve the value of marriage and continue the rise of the Brazilian economy (Besse 111). Faced with these socioeconomic demands, the church and state took charge of educating young women in the mold of the traditional woman. This practice would both increase the civilization of the state’s population, and guarantee the preservation of the fatherland. â€Å"Schools that trained girls to function in the marketplace socialized them to accept women’s domestics roles as â€Å"natural† and necessary (Besse 111)†. Therefore, we can see that Industrial and parochial power shaped gender expectations toShow MoreRelatedAn Anthology of Linguistic Articles1066 Words   |  4 Pages2009). Whats in a Word? 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Skin color is still an important factor in todayâ€⠄¢s society, due to the sociological affects from slavery

The Development of Psychology Essay - 1156 Words

The Development of Psychology Psychology is defined as the scientific study of behavior and the mind. This definition implies three things. The first is that psychology is a science, a field that can be studied through objective methods of observation and experimentation. The second is that it is the study of behavior, animal activity that can be observed and measured. And the third is that it is the study of the mind, the conscious and unconscious mental states that cannot be seen but inferred through observation. This modern-day definition of psychology sheds light on the history of psychology, for it only became a science in the late 19th century though psychological thought has been present since Antiquity. Previously, psychology†¦show more content†¦The birth of psychology as a science can be traced to the University of Leipzig, in Germany in 1879. In the University of Leipzig, physiologist Wilhelm Wundt founded the first laboratory dedicated to the scientific study of the mind. Wundt’s labor atory attracted European and American scientist who conducted the first psychological experiments known. Early scientific study of psychology in Wundt’s laboratory was conducted mainly through the method of introspection. Introspection entailed the systematic observation of people who were trained to describe their conscious experience as they encountered visual displays and other stimuli. Wundt, as prefaced in one of his books, set out to â€Å"mark out a new domain of science†. He did so, establishing psychology as a field of science. In the United States, William James from Harvard University explored the emerging study of psychology in 1875 as he created and taught an introduction-to-psychology course. In 1890, he published the first American college textbook on psychology which was quickly adopted as the leading psychology textbook. In The Principles of Psychology, he wrote of the formation of habits, individuality, emotions, stream of consciousness, and other topics. He is considered the founder of American psychology. The first decades of psychology were dominated by the structuralism and functionalism schools of thought. Structuralism was espoused by Wilhelm Wundt and his student Edward Titchener.Show MoreRelatedThe Development Of Mathematical Psychology1560 Words   |  7 PagesPsychology established into a mathematical discipline through a series of events during history. This establishment led to the development of mathematical psychology; a field encompassing empirical methodology (Benjafield, 2015). Furthermore, through the implementation of math in psychology, findings from previous and current studies of psychology influenced the plethora of knowledge available today—directly impacting society’s understanding and application of psychological phenomena. 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Internship-Benefits and Disadvantages Internship Experiences

Question: Discuss about the Internship-Benefits and Disadvantagesfor Internship Experiences. Answer: Introduction Internships are where the upper learning matches employments. They enable the learners to acquire practical experience doing work in a corporation as well learning at the universities. An internship is basically a part or even unpaid work positioning, in which one wish to acquire on the work training and gain experience, which will be helpful for the future employment (Beard, 2007). The internships offer actual profession as well as the educative advantages to the undergraduate as well as the graduate level students. The conditions and condition can differ , most many a time internships possess an excellent effects on the academic results .The intention of this discussion in the paper, it will identify a literature review of how various writers identify a number of advantages of the internship for the university students(Budgen and Gamroth, 2008). Some of these advantages are it is for a short time, it gets the student the right mindset, and it can add on the value to the CV work exp erience to the student. Moreover, there is a need to identify the benefits and the disadvantages it has brought to the students more so explaining on the WIL program of Deakin University on how it creates on the opportunities for the students. Various writers identify a number of advantages and disadvantages of internships for the university graduates. One of this advantage is that it is for a short term. The internship period essentially is short and the students can gain a lot of experience on the work(Lee, 2009). It will help them to find out on all the possibilities and gain on experience, which one would not forget. The internship helps the graduate to look into the professions and the organization that they hope to work for in the future for a short span of time. Another advantage is that it gets the students the right set mindset. In reality, the university is not a real world (Lee, 2015). Sadly for many people the real world is getting up in the morning at 7am and getting home at 7pm and only having only 25 days paid holiday in a year(Beard, 2007). The internship gives the student experience in regards to the work duties on a real perspective away from the norm of the school setting where only learning takes place (OConnor and Bodicoat, 2015). Another advantage it add valuable experience on the CV of the student(Gault, Redington and Schlager, 2010). The job duties undertaken on a particular internship may add weight to the CV of the students, which will be beneficial for a job prospective in the future. Nonetheless, there are various disadvantages of internship for the students. Some of the them are it can be seen as a slave labor, there may be never a possibility of being offered a job at the end, and one may feel disrespected especially when the permanent employees may not bother to know you well, as you are only seen as temporal addition to the team. There are numerous benefits of paid or unpaid internships for university graduate. Two of these are the students can make industry contacts and the experience they gain can narrow down on the list of the potential careers(Beard, 2007). On the creating on the business connections, it is generally claimed often, it is not about that which you understand but alternatively, who you know. It is very important to learn how to carry out on the needed duties for a specific task; having an outstanding set of the contacts in business behind you may be essential in assisting one in searching for as well as securing an employment after graduating. Internship is certainly one a great way to brand away from the college program into the business you are learning after which you can develop on the directory of contact. The internship are often a win-to-win scenario. They are able to assist one determine if a certain profession is or may be not best for them after which you can winnow down the list o f the profession you are enthusiastic about as well as discovered the one , you are going to be joyful at . In case one fails to benefit from their internship experience then, at least, it will have assisted someone to decide on a certain region is not to suit your needs. You should not quit but instead constantly attempt a different internship in another company, function or perhaps another area and check if it is far better (OConnor and Bodicoat, 2015). In each experience , it will help you make up your mind and consequently change on your chosen career course .Work Integrated learning programs have been developed by Deakin University and RMIT University and appear to create opportunities for the students. It is thus important to know what WIL is and the opportunities it has created(Gault, Redington and Schlager, 2010). WIL is a term, which is given to an activity that integrate the academic learning with its application in the workplace through combination of the theory with prac tice as the part of the enrolled program of the study. It has made an important contribution to the work of the graduate work and readiness in the industry (Silva, Lopes, Costa, Seabra, Melo, Brito and Dias, 2015). The WIL program has offered various opportunities for the students some of which are placement in the industry through the school practical placements programs in the school. The program has offered the students industry projects that are aimed at providing a practical organizational problem solving projects to work in conjunction with a particular industry. Another opportunity it provide is that it is a simulation in a particular subject(Divine, Linrud, Miller and Wilson, 2007). Through the program, a real world situation is replicated in the teaching environment of the RMT. Moreover, they can take various forms depending on the academic discipline that is being taught. According to Deakin University the program, they offer aims at making a positive difference in Austral ia and throughout the world. They have a progressive and a flexible approach that helps to create graduates who are successful. Besides, the university has reported the highest overall in terms of satisfaction among the Victorian Universities for the last 6 years(Budgen and Gamroth, 2008). Deakin University provides opportunities through recognizing, and provision of innovative technologies to the students to get hand practical when teaching different academic disciplines. In conclusion, it has been found out that they are various benefits and disadvantage of internships for the university graduates. On the advantages, the internship takes a short term, it can get the students the right change mindset, and it add on valuable experience on the CV of the student and it can become beneficial especially when the student is looking for prospect employer in the future. Besides, there are numerous benefits of the unpaid internship for the university graduate some of these are; the student can make industry contact and the experience they gain can narrow down on the list of the potential careers. Nonetheless, there have been disadvantages that have been identified in regards to the internship for the university graduate some of these are; internship can be seen as a slave labor. Additionally there may be no possibilities of being offered a job at the end of the internship and one may feel disrespected especially when the permanent employees may not bother to k now one, as they see them as a temporal addition to the team. Work integrated learning programs from both Deakin University and RMIT University has been identified to provide opportunities to the students through placement in the industry, provision of the practical organizational problems solving projects and simulations in various disciplines. In this writers opinion, internship has provided more benefits to the university graduates than the disadvantages it has brought, in that it provide practical experience on the work, and helps one to establish contact in a particular industry for future references when searching for a job. References Beard, D., 2007. Assessment of internship experiences and accounting core competencies. Accounting Education: an international journal, pp. 16(2), pp.207-220. Budgen, C. and Gamroth, L, 2008. An overview of practice education models. Nurse Education Today, pp. 28(3), pp.273-283. Divine , R.L., Linrud, J.K., Miller, R.H. and Wilson, J.H, 2007. Required internship programs in marketing: Benefits, challenges and determinants of fit. Marketing Education Review, pp. 17(2), pp.45-52. Gault, J., Redington, J. and Schlager, T, 2010. Undergraduate business internships and career success: are they related?. Journal of marketing journal , pp. 22(1), pp.45-53. Lee, J., 2015. Getting the Most Out of Industry Internships. In Preparing Youths for the Workplace (pp. 101-109). Lee, Y., 2009. The sustainability of university-industry research collaboration: An emperical assessment. The journal of Techology Transfer, pp. 25(2), pp.111-133. OConnor, H. and Bodicoat, M., 2015. Exploitation or opportunity? Student perceptions of internships in enhancing employability skills. British Journal of Sociology of Education, pp.1-12. Silva, P., Lopes, B., Costa, M., Seabra, D., Melo, A.I., Brito, E. and Dias, G.P., 2015. Stairway to employment? Internships in higher education. Higher Education, pp.1-19.

The Reverend Dimmesdales Projections of Truth in The Scarlet Letter Essay Example

The Reverend Dimmesdales Projections of Truth in The Scarlet Letter Essay Good versus evil, moral versus immoral, though each corresponding word contains a different connotation, the comparisons as whole entities are essentially equal. Hawthorne in The Scarlet Letter creates an allegory by using his character, Reverend Dimmesdale, to define the human condition, and the imperfections with which all humans inherently struggle. In Dimmesdales case, he struggles with his sense of responsibility to tell his sin to the towns people, who he believes depend on his pure and righteousness being. He further battles with his human awareness, which makes him acknowledge that if he reveals the secret to the town, the consequences will be disastrous to himself. The entire theme is based upon the Reverends struggle within himself and his relationship with protagonist Hester Prynne. But its almost as if the Reverend is a microcosm of symbolic meaning that the work projects upon the readers mind. Hawthornes use of irony capitalizes on the feeling that the Reverend expierences; the town believes in him so deeply his people say the Reverend Master Dimmesdale, their godly pastor, takes it very grievously to heart that such a scandal should have come upon his congregation. These people do not consider for a second that their most valuable treasure, the Reverend, could have committed such a sinful act. The Reverend is at all times walking a steep precipice in which he is mentally and physically anguishing himself constantly by his conscience that his secret affair will only ultimately bring him ruin, if he does not confess to the people who put their trust in him. This corresponds to Hawthornes theme, which narrates forces of human nature react opposingly and seem to obtrude in the face of those who are faced with the dilemma, and in the Reverends case, the choice of whether or not to tell his loving dedicated town that he he is someone who they believe him not to be. We will write a custom essay sample on The Reverend Dimmesdales Projections of Truth in The Scarlet Letter specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Reverend Dimmesdales Projections of Truth in The Scarlet Letter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Reverend Dimmesdales Projections of Truth in The Scarlet Letter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The silent majority in Hawthornes mind eventually over rules his all too human foible. Roger Chillingworths jealousy motivates him throughout the novel to drill into Dimmesdales head the guilt of his immoral act. But he doesnt do it in a direct obvious way, he nurtures Dimmesdales own hatred of himself thereby doubling its potency. Chillingworths medicine for Dimmesdale almost works to the end, and when he sees victory in the Reverend, he thrust himself through the crowd, or, perhaps, so dark, disturbed, and evil, was his look, he rose up out of some nether region, to snatch back his victim from what he sought to do. But he fails to stop Dimmesdale from relaying the truth to the crowd of people. Chillingworths failure to petrify the Reverend in his form of guilt brings his eventual fall, because his only purpose in life has escaped his grasp. The author exemplifies this feeling toward Dimmesdale in Chillingworth in a part of his overriding theme which is the fact that humans must not focus their attention on one sole aspect in life; there must be a variety. This is also true for Dimmesdale because he focuses only on his fault for a period of time, but as the story comes to a climax, he begins to bring Hester back into his life, and only then does he gain enough courage to testify his secret. The elders, the deacons, the motherly dames, were like importance that he should make trial of the physicians frankly offered skill. Mr. Dimmesdale gently repelled their entreaties. We can clearly see that Dimmesdales own people actually helped bring the counterproductive person into the Reverends life. This further describes theme of defining the human condition. It not only shows through in the individual, but as a whole unit which then has ironic effects. Thus, we see the Reverend as a representation which is essential in relating the theme to the reader.

The Concept Of Criminal Punishment Example

The Concept Of Criminal Punishment Example The Concept Of Criminal Punishment – Term Paper Example Section Number 15 March Punishment and sentencing have gone through various phases throughout the history of Western civilization. Discuss the concept of and rationale behind criminal punishment as it used to be meted out and how it is handled now. How has it changed? Criminal punishment has always existed in societies throughout history; from exiling to imprisonment to fines, those who go against the behavior deemed â€Å"proper† by the society are punished. In earlier times, criminal punishment was meted out for the purpose of retribution; the offender should be punished so that the ones who were wronged could be avenged. The punishment was left to the ones injured, or their families, who would decide what punishment was to be meted out and how. There was no need for the punishment to be proportionate to the crime committed. This concept has greatly changed over time. There was a need felt by the society that the crime and the resultant punishment should be proportionate. M oreover, the need for retribution was replaced by a need for reformation – the offender should be encouraged to make amends and change himself and/or his attitude to become a better person and conform to the rules set by the society. Another factor that has been altered is the physical aspect of the punishments; whereas before drawing and quartering were considered to be a form of punishment, now they are no longer acceptable and are considered cruel. Additionally, steps are being taken to abolish capital punishment from all societies in the world as well. Also, crimes are now considered to be offenses against the state and not persons, so it is up to the state to mete out the punishment. The criminal punishments have been transformed so as to fit well to the sensibilities of people, as there has been a later trend to use them to protect and reform the society and the criminal respectively, and not merely to seek vengeance as was done before.King, J. C. (1980). A rationale fo r punishment. The Journal of Libertarian Studies, IV(2), 151-165.

Financial Intermediaries Assignment Example | Topics and Well Written Essays - 250 words

Financial Intermediaries - Assignment Example A drawback of the approach is that it is hard to observe bank conduct and that the approach excludes foreign banks in the determination of competition (Bell, Brooks and Prokopczuk, 2013 p.197). The Panzar-Rosse H-Statistic relates a firm’s conduct with models of different market structures such as monopoly, monopolistic competition, imperfect competition or perfect competition (Schaeck, Cihak and Wolfe, 2009 p.715). It demonstrates how the elasticity of a firm’s revenue differs under the different market structures. Although the model is quite straightforward under monopoly and perfect competition, imperfect competition, and monopolistic competition pose some complexities for this approach. The H-Statistic also assumes equilibrium for the banking market in the long-run. The Lerner Index uses the relationship between a firm’s price and marginal cost as a basis for the measurement of the firm’s market power. The index is a reciprocal of the price elasticity of demand and indicates the proportion price exceeds marginal cost. A disadvantage of the Lerner index is that it fails to demonstrate the substitutability of a product (Bell et al., 2013 206). The Boone Indicator assesses, in terms of strength, the relationship between efficiency and performance. Accordingly, superior performance is achievable for more efficient banks. Under competitive market conditions, banks show more aggression in order to achieve the superior performance as compared to competitors (Bell et al., 2013 p.206). The Boone Indicator does not share the disadvantages of the H-Statistic and the Lerner Index. It demonstrates the aggression more efficient banks employ in the exploitation of their cost advantage. As a measure of competition, Persistence of Profits proposes that entry and exit provide a sufficient avenue for the elimination of abnormal profits. Accordingly, profit rates for all firms would converge towards some average value in the

Critical inquiry about an aspect of visual culture, about the idea Essay

Critical inquiry about an aspect of visual culture, about the idea change on culture - Essay Example However, through many of the traditions of Mardi Gras exploitation of foreign manufacturing is taking place. The film Mardi Gras: Made in China is a documentary that shows how one of the most sexualized, but constant traditions of Mardi Gras is contributing to the exploitation of Chinese factory workers. The baggage that existed in approaching this topic consists of knowing that there are Chinese workers involved in creating the visual culture of Mardi Gras, creating bold and gaudy beads that are used for a consumer exchange of nudity for cheap products. However, the full understanding of what it means to be a Chinese factory worker was not known before doing research for this project. In watching the documentary Mardi Gras: Made in China the visual presentation of culture by contrasting the wasteful and hedonistic culture of Mardi Gras compared to the austere culture of the factory workers was startling. Young women in Mardi Gras debase themselves by showing their breasts to get che ap beads, a party atmosphere infectious and transforming them into performing this ritual. In China, the stark reality of the young women who work in these factories opens up the eyes of the viewer to what it means to create these beads that are used so carelessly. ... 11). The simple understanding of Mardi Gras is that it is a celebration that comes before the Catholic period of Lent. Mardi Gras means Fat Tuesday, which refers to the tradition of eating rich, fatty foods before Ash Wednesday which begins a period of fasting and reduced pleasure in food. While Mardi Gras itself is celebrated in many cultures and just on that specific Tuesday, in New Orleans it is celebrated for the two weeks before lent which falls in February. The tradition was brought to New Orleans by the French who settled the region. The official colors of the festival, introduced in 1872 by the Grand Duke Alexis Romanoff, are purple which signifies justice, green which signifies faith, and gold which signifies power (Hale, 2007). Mardi Gras is ripe with tradition. Large scale parades are sponsored by ‘krewes’ which are racially and gender specific, making up the rich ethnically diverse history of New Orleasns. The parades are highly visual events with cheap beads , doubloons, and other items thrown each day from the floats. The air is filled with colorful items flying through the air and being caught by people in wild costumes that rival those on the people who populate the floats. Collecting these items during the celebration leads to disposing of them as trash at the end of the celebration. Mardi Gras is a time when sexual and social beliefs are suspended and people begin to behave in hedonistic ways. One of the traditions of Mardi Gras is that in exchange for showing their breasts and sometimes more, men will give women strings of beads. This commoditization of nudity in exchange for the collection of beads creates a

Nature And Nurture On Neural And Cognitive Development

Nature And Nurture On Neural And Cognitive Development Throughout history, an ongoing debate has taken place regarding whether the development of certain aspects of an individuals life are affected more through nature or nurture. Those that argue for nature believe that genes influence an individuals development. Those that believe in nurtures influence claim that an individuals experience has more of an effect upon an adolescents temperament. Recently, researchers have uncovered evidence that it is not only nature or nurture that influences development, but a complex combination of both. This manuscript will attempt to cover some of the factors that influence an adolescents neural, cognitive, and emotional development. The degree to which nature and nurture influence these particular aspects of an individuals life will also be discussed. Lastly, this manuscript will briefly explore the possibility of genetics and environment off setting deficiencies in the one another. Discussion Neural Development One aspect of human development that has been focused upon in research is that of neural development. During early prenatal neural development, the brain takes its initial shape as well as forms neurons which create a foundation for future neural development. To guide this development, neurons are directed either chemically or by other cells which act as signposts. This guiding allows neurons to form the distinct sections of the brain which include the hindbrain, the midbrain, and the forebrain. It is during this formation neuron specialization takes place in that like-minded cells bunch together to process certain forms of information like auditory and visual. It is still controversial amongst researchers how this specialization occurs with some researchers believing that neurons possess a protomap (Rakic, 1988) while others believe that the functions of neurons are decided by the environmental inputs received (OLeary, 1989). While most evidence found points to the latter result, th ere is still much research that needs to be performed (Broderick Blewitt, 2010). During later prenatal brain development, researchers have found that the sensory organs of the fetus have developed enough to receive and interpret information from outside of the mothers womb. One study performed found that fetuses showed recognition to a point when a familiar nursery rhyme was played for the mother carrying the fetus (Decasper, Lecaneut, Busnel, Granier-Deferre, Maugeais, 1994). In another study, researchers sewed one eye shut of several kittens at birth. Several weeks later, the researchers opened the closed eyes and found the kitten had been rendered irreversibly blind in that particular eye (Wiesel Hubel, 1965). This research provided evidence that environmental neural stimulation was important for the neurons to initiate the connections that are needed for sight which, one may assume, would be the same for hearing as well (Broderick Blewitt, 2010). After birth, researchers have found that most neural development is associated with the creation of synapses rather than the production of more neurons as well as a pruning of arbitrary neurons. This production and pruning of synapses and neurons is a result of both the introduction of chemical substances to the neurons which promote synaptic growth and the sensory information introduced to the neurons as a result of infant actions and environmental factors. As this sensory information is introduced, synapses are formed to accommodate this new information. Greenough and Black (1992) discussed how during this period, two types of synapses are created which are experience-expectant and experience-dependant. Experience-expectant synapses are synapses that are overproduced because they are synapses that have occurred regularly within the evolution of the species. It is when these synapses are not stimulated that problems such as what was discussed above with the kittens occur. The format ion of experience-dependant synapses, as the name would suggest, is dependant upon the amount of stimulation available from the experiences of the infant. Researchers have found that stimulating and complex environments have positive effects upon the growth of experience-dependant synapses in rat pups and other mammals (Kolb, Gibb, Robinson, 2003). The branching points that are left after this process are a direct result of genetics, conditions of the prenatal period, nutrition, and the infants experiences and environmental experiences after birth. Cognitive Development The next developmental area on which this manuscript shall focus is that of cognitive development. During infancy, one area researchers have focused upon is an infants ability to remember and recall. Researchers have found that infants as young as three-days-old suck harder on pacifiers when they hear their mothers voice as opposed to that of a stranger indicating a sense of recognition on the infants part (DeCasper Fifer, 1980). This recognition has been shown to improve throughout infancy. A newborns recognition period has been found to fade after a few minutes or seconds (DeCasper Spence, 1986) while, in other studies, three-month-olds have been shown to give recognition after several months (Bahrick Pickens, 1995). Likewise, recall has been shown to increase dramatically once it begins. Studies have shown that infants display recall of simple actions as early as nine months (Meltzhoff, 1988). Further studies have shown that 11-month-olds may recall simple actions for as long a s three months and 20-month-olds may recall more complex actions for as long as a year later (Bauer, 2006). Research has also been preformed on cognitive development during an individuals preschool years. One area of study included the childs understanding of numbers. For example, Antell and Keating (1983) allowed a five-month-old to watch as they placed a doll behind a screen and also as they added one additional doll. The infants displayed surprise if there was one doll present when the screen was removed while those that saw two were not. This would indicate that newborns have some knowledge of addition and subtraction. Another study by Gelman and Gallistel (1978) taught children to pick a plate with a larger number of items between two plates each with a differing quantity of items. After the researchers changed the way the items were arranged on the plate, the children expressed surprise at the change but were still able to correctly choose the plate with the larger number of items. A more recent study by Sigler and Ramani (2008) found that children who were introduced to number-based board games displayed a greater ability to correctly estimate a number on a number line than those who played games that did not include numbers. These studies give evidence for both the nature and nurture sides of the debate. Emotional Development The last developmental area focused upon within this manuscript is that of emotional development. Currently, researchers disagree upon the initial development of emotions. One argument is that an infant is born with a set of basic emotions directly related to the neural processes that are related to the emotional expression of the infant (Izard, 2004). For example, if an infant looks angry, then it is angry. In contradiction to this theory, Sroufe (1996) believes that emotions start as undifferentiated responses that develop into differentiated responses which then develop into an emotional repertoire. Sroufe argues that emotions start this way because infants lack the cognitive processes with which to assign emotional experiences. Both theories give indication of genetic origins of an individuals emotions. As emotional development continues, researchers have found that infants learn how to moderate their emotions for different situations. For example, during one study by Jahromi, Putnam, and Stifter (2004) on infants emotional responses to inoculations, the researchers observed as mothers of two-month-olds soothed their infants. The researchers found that as the infants grew older the intensity and duration of the infants crying decreased which indicates an increasing emotional control as infants grow older. The researchers believed that the change in the emotional control came about to a degree from the mothers interaction with the infant. Another study, by Tronick, Als, and Brazelton (1980), observed the exchange as mothers either responded positively or negatively towards their infants emotions. During the exchanges the mother was instructed to respond positively to the infants emotions which garnered a positive emotional reaction from the infant. The mother was then instructed to stop responding to the infant that garnered what researchers referred to as other-directed coping behaviors which are facial expressions and vocalizations designed to try and get the mother to resume their previous actions. As the mother continued this action the baby became frustrated and took part in what the researchers referred to as self-coping behaviors such as thumb sucking and rocking. This research provides evidence that an infants adult caregiver provides critical support during an infants development of emotional self regulation (Broderick Blewitt, 2010). Gene Expression When discussing human development, the question of why certain genes express themselves while others do not is, many times, brought to the forefront. Each gene is made up of alleles that a child receives from both their mother and their father. Alleles may be dominant or recessive. If an infant receives two dominant or two recessive alleles, the infant will display those characteristics. Sometimes, in the case of two dominant alleles, alleles express codominance such as in the case of a dominant Type A blood allele and dominant Type B blood allele the infant will express Type AB blood. If an infant receives one dominant and one recessive gene, the infant will display the characteristics of the dominant allele. For example, if a child receives a recessive allele for red hair from both parents, then the infant will develop red hair. If the same child had received a dominant allele for brown hair from one of the parents, the child would have developed with brown hair. This phenomenon ma y also be used to explain why certain genetic disorders express themselves when they do such as the defective recessive allele for sickle-cell anemia or the defective dominant allele for progeria (Broderick Blewitt, 2010). Nature and Nurture Off Setting One would assume that, based upon the recent evidence that development is affected by both nature and nurture, that, in certain situations, one may be used to off set a deficiency in the other. The results provided in the following studies offer evidence supporting the phenomenon of epigenesis which is the control of genetic expression through correlation of both environmental and genetic factors (Broderick Blewitt, 2010). One study by Caspi, McClay, Moffitt, Mill, Martin, Craig, et. al. (2002) conducted to find out how different MAOA alleles, which release the enzymes controlling production of neurotransmitters such as serotonin, norepinephrine, and dopamine, affect childrens susceptibility to the negative effects of abusive environments in the early years of life. The researchers found that in individuals that had experienced early child abuse, there was a link between the low MAOA allele and aggression. Likewise, in individuals that had not experienced abuse as a child, there was no correlation between the production of MAOA and aggression. Reiss and Neiderhiser (2000) discussed how some irritable children appear to inherit some qualities such as irritability from their parents which evokes a hostile environment from those around them only reinforcing their irritable tendencies. They further discussed how these tendencies may be off set by environmental circumstances that do not sustain their irritable behavior. Results such as those provided by this research along with many others shed light upon one of the many possibilities unlocked by the further research of the nature and nurture controversy. Conclusion The nature versus nurture controversy has been strongly debated within the discipline of developmental psychology for many years. This manuscript cited many studies which have given evidence to the degree of influence both nature and nurture has on the neural, cognitive, and emotional development of an individual. From the results of these studies, it is easy to see that development is impacted by both nature and nurture in their own unique ways. Studies have even shown that it may be possible to off set certain deficiencies in genetics with environmental aspects or vice versa. The results of these studies provide important insight into the behavior of an individual, how they may have developed that way, and how that particular form of development may be reversed or avoided in others. There is no doubt that as the depth of research into the nature versus nurture controversy grows those within the psychological community, as well as numerous other disciplines, will be able to assist a larger number of individuals with developmental problems with increasing levels of accuracy.

The Debate Concerning the Legalization of Marijuana :: Legalization Marijuana Drugs essays papers

The Debate Concerning the Legalization of Marijuana The debate over the legalization of marijuana is long standing and will continue indefinitely for years to come. Both sides of this issue are passionate in their positions and provide strong arguments to support their stands. After reviewing all the information, I understand each argument but I feel strongly that it would do our country more good than harm to decriminalize marijuana. Aside from what the government would like you to think, there are actually positive effects that come from the use of marijuana. Perhaps the most popular current controversy dealing with the ongoing war on drugs is legalizing marijuana for medical purposes. As of August 1999, five western states - Alaska, Arizona, California, Oregon and Washington - passed laws legalizing the medical use of marijuana. Over the past two decades, more than 20 states and the District of Colombia have passed measures recognizing marijuana’s therapeutic value, but those did not authorize cultivation as the new measures do. Some states have made progress towards helping the chronically ill, but those in other states who are experiencing the same symptoms and dying from the same diseases deserve the same treatments. It may be a slow process, but we can only hope that every other state cares enough about their people to give them the best therapy for their illness as well. Jeff Jones, executive director and co-founder of the Oakland Cannabis Buyer’s Cooperative, remembers being 14 years old and watching his father die an agonizing death from kidney cancer. â€Å"Exactly four months after my dad passed away, I heard on CNN about Judge Young’s recommendation that marijuana should be made available for treating things like chemotherapy-induced nausea. I’ll tell you the message I got: that the federal government had been withholding valuable medicine and was indifferent to the suffering of its citizens.

George Westinghouse’s Biography

Most people know the name Westinghouse as the name of an appliance, but where did the name come from? Many people may not know that George Westinghouse was not only an inventor, but a visionary. George Westinghouse's many inventions fed the Industrial Revolution that swept through America in the latter part of the nineteenth century. The Industrial Revolution brought many changes to the United States. Even though America was progressing, many ill effects were brought on by this expansion. Westinghouse was one of the Industrialist that actually cared about the many problems he saw in urban America. Westinghouse, at the age of forty-two, could no longer ignore â€Å"the evils of social upheaval created by too rapid industrial development†(Levine, 2). George Westinghouse wanted something done, but it looked as if he was the only one that would do it. George Westinghouse had influenced many areas of his era and ours. His many inventions, his good-willed policy toward his work! ers and his business practices have affected all of us; but nothing will compare to the influences that he left on our country's upper-class – the concept that they had a responsibility toward the society that had made them who they were. George Westinghouse was born eight of ten children into a middle class family on October 6, 1846. Westinghouse's father ran a small machine shop in Schendectady, NY, that manufactured mostly farm implements; as a result, Westinghouse was introduced to the world of machines at a very early age. Due to curiosities he found during the Civil War, in which he served in both the Northern Army and the Navy, Westinghouse invented a rotary steam engine. At age nineteen, this was his first patented invention; however, the design proved to be impractical. Despite his troubles, Westinghouse went on to invent a device for placing derailed railroad cars back on their tracks. The next year, Westinghouse was riding on a train that was suddenly brought to a stop to avoid a wrecked train on the tracks ahead. The brakes that were in use on trains around the world at this time were operated manually. Westinghouse knew that there must be a safer and quicker way to stop a train. After observing rock drills, that used compressed air to drill tunnels through mountains, Westinghouse wondered if the use of compressed air could be applied to brakes. This led to one of Westinghouse's most famous and most influential inventions ever. Westinghouse did not know it, but he was on his way to changing the course of the nation. However, at age twenty two, his new air brake and he got little attention. â€Å"If I understand you, young man, you propose to stop a railroad train with wind. I have no time to listen to such nonsense,† said Commodore Cornelius Vanderbilt, one of the most powerful railroad owners of the time (Compton's,4). Finally, on a small railroad outside of Pittsburgh, Pennsylvania, Westinghouse was able to try out his new air brake. On the trial run, the train came to a crossing where a farmer's wagon had broken down. Upon seeing this, the locomotive's engineer applied the new braking system. Too everyone's surprise, the train was jolted to a halt; furthermore, the train was stopped yards in front of the farmer's wagon. Even though almost everyone did fall out of their seat, this was the beginning of Westinghouse's influence on the world. Eventually, the Railroad Safety Act of 1893 would â€Å"make air brakes compulsory on all U. S. trains†(Britannica, 6). At this point, Westinghouse established the Westinghouse Air Brake Company. By 1869, already, Westinghouse's success was almost guaranteed. George Westinghouse's next frontier was railroad signaling. With the ever increasing use and expansion of railroads, signaling became a major problem. He created a signaling system using compressed air and electricity; thus, the Union Switch and Signal Company was founded in 1882. Indeed, Westinghouse helped the railroads greatly. With his railroad inventions, railroads became safer; accordingly, leading to the instillation of railroad passengers with confidence. He also created a more profitable operation for the railroads. The bigger profits that were made by the railroad barons, the more they invested and the faster the Industrial Revolution took place. In this fast growing economy, Westinghouse, who was now financially stable, started to tinker with electricity and natural gas. With a well drilled in his yard, Westinghouse developed and marketed a system for the control and distribution of natural gas in Pittsburgh. Today's natural gas industry â€Å"owes its existence to Mr. Westinghouse†(Shumaker, 4). Using the knowledge gained from his work in natural gas, Westinghouse developed a theory for the distribution of electricity. He imported both a motor and its inventor, Nikola Tesla, from Europe. With the help of Tesla and three American engineers, Westinghouse developed a new electrical transformer that allowed electricity to be carried over long distances; however, Westinghouse's design used alternating current, while such people as Thomas Edison used and were promoting direct current electricity. This started the â€Å"Battle of the Currents†, as it was called (Corporate, 1). The advocates and financiers, led by Edison, of the DC system immediately tried to discredit Westinghouse's use of the AC system as soon as his Alternating Current components were made available on the market. These people charged that AC power was a menace to society. As if they did not do enough already to deface Westinghouse, they successfully had the state of New York install a Westinghouse AC generator as the official means of executing death sentences. These charges were untrue; therefore, they were insufficient in the suppressment of the use of AC power. AC power was given credibility when Westinghouse won the contract to light the Columbian Exposition held in Chicago in 1893. It was said to be a â€Å"dazzling spectacle of a quarter of a million lights that stole the show†. Reflecting the â€Å"Battle of the currents†, Nikola Tesla later wrote, â€Å"George Westinghouse was, in my opinion, the only man on this globe who could take my alternating-current system under the circum! stances then existing and win the battle against prejudice and money power. He was one of the world's true noblemen, of whom America may well be proud and to whom humanity owes an immense debt of gratitude† (Corporate, 1) . On January 8, 1886, with a stroke of the Governor of Pennsylvania's pen, the Westinghouse Electric Company was granted a charter. This company, which would turn out to be the most important of George Westinghouse's many companies, had two-hundred employees and was located in a rented building in Pittsburgh's Garrison Alley Section. By this point in his life, Westinghouse had founded a few other companies. His air brake company had been expanded to France, England and Germany. This idea of a company going world-wide was relatively new. This led a surge of American companies to expand beyond the United States; American influence was being spread around the world. Westinghouse had also founded a machine shop in Pittsburgh in 1881. Westinghouse was very different from most of the other American Industrialist. From the start, Westinghouse was not motivated by money or power. He was motivated by knowing that his inventions and other work would be used to help mankind. Within two years after the Westinghouse Electric Company was founded, the company had grown from the original two-hundred employees to more than three thousand employees by 1888. By 1890, the Westinghouse Electric Company sales totaled four million dollars; Westinghouse had also installed more than three-hundred electrical generators including Niagara Falls, by this time. Westinghouse's business practices were very different than the business practices of they day. Westinghouse clearly was not a businessman, yet because of his dreams, he successfully ran his businesses in a way that baffled many businessmen. From the start, Westinghouse was concerned with the welfare of his employees. His employees were his prime consideration in any business decision. Westinghouse's workers had a six day, fifty-five hour work week. This work week included five ten hour days, Monday through Friday, and a five hour day on Saturday. It seemed strange to other employers of the time to give employees a half-day on Saturday, but this was part of Westinghouse's philosophy. Another benefit of working for Westinghouse was the pension plan. One of the earliest known, Westinghouse provided a pension for each of his workers. The employees of Westinghouse's businesses also received medical coverage. If an employee fell sick or was injured, he and his family would receive money from the compensation fund to live, and the finest medical services available would be given to the worker. A Veteran Employees Association was formed. Any employee with twenty years or more of service could join. This evolv! ed into the formation of a Grievance Committee made up of three shop men and three management personnel. The Grievance Committee would form to resolve such issues as the following: working conditions, working methods, and limits of the workers. Westinghouse's Grievance Committee set the path for labor reform in America. Westinghouse revolutionized the way the American employee worked; hence, Westinghouse was received as the best boss in Pittsburgh. Consequently, he won the resentment of the other employers in Pittsburgh and eventually the country. Westinghouse became famous to every citizen by a means different than his inventions. Westinghouse actually created his own town. Westinghouse became perplexed with the problems that he saw in Pittsburgh; The town had grew from a small city to a booming industrial mecca-center filled with smoky factories and pollution filled avenues. He watched the people work long hours, many were immigrants and others were Native Americans in search of a decent living; furthermore, they came home at night to horrible run down homes where sickly children played in piles of rubbish and rarely attended school. Crime, disease and alcoholism were becoming the image of the industrial world. Westinghouse knew that it could be better than this. He knew that all this progress was not for the working class to become illiterate, diseased and delinquent and for the rich to become isolated and forgetful of what they see. George Westinghouse wondered why nobody did anything about it. Politicians ! would not address it, the upper class would not mention it, and the workers were too busy in their rat race to care. Westinghouse decided he must take action. Westinghouse began reading up on the problem. He read of experiments in Denmark and Sweden where model communities where being made by business and government officials. Westinghouse knew what he would have to do, but it was a very risky move; nevertheless, George had learned not to be frightened off by bold ideas. George Westinghouse contacted a leading architectural firm and told them â€Å"I want you to design a factory and surround it with a town,†(Levine, 2). He visioned a town of state-of-the-art factories, a research laboratory, good schools, community centers, a hospital and inexpensive houses for the employees. Running water and electricity would be standard. In 1890, the Westinghouse Air Brake Company was completely moved to the new site, called Wilmerding, Pennsylvania. The workshops had the â€Å"most modern lighting, heating, ventilation and safety facilities,†(Levine, 2). Each house in the town had a complete indoor bathroom, electric lighting, and natural gas out! lets for cooking and heating. The houses had a lawn with grass, shrubbery, and trees. The houses were rented to the workers with an option to buy. For the children, there were the following: schools that were brightly decorated to attract them to stay, a community center with gymnasiums, a library and meeting rooms. Westinghouse had really out done himself this time thought the whole country; nevertheless, George Westinghouse felt that he had accomplished his greatest achievement, and indeed he had. Westinghouse's model community sent a silent shock-wave to the upper class society of America. Westinghouse was telling these people that they had a responsibility to society. The age of a two class society was over. The American worker now had rights and had power. It took a decade or two, but Westinghouse's vision of America as an Industrial power eventually took shape with the help of the labor movement. Unfortunately, Westinghouse lost control of most of his companies in the financial panic of 1907; this was mostly due to the negative attitude toward him by other employers, his financial backers and his stockholders. Westinghouse died on March 12, 1914; it was a sad day at the Westinghouse companies. A man who cared, a man who listened, a great man was gone forever. George Westinghouse and his wife Marguerite, to whom he credits his success, are buried in Arlington National Cemetery outside Washington, D. C. Overall, millions, if not billions of people have benefi! ted from his companies, inventions, and his visions. Would you have safe, odorless, and efficient lights in your house; would you see an illuminated advertisement on the highway; or would you have a paid vacation if it was not for George Westinghouse? He invented all those things. How about your pension? The hundred largest pensions in the U. S. â€Å"have assets exceeding two trillion dollars,†(Muhlenkamp, 3). That is something George Westinghouse would have enjoyed to see.

The Ethical Dilemma Of Palliative Care - 1426 Words

Diploma of Nursing Teacher’s name- Rachel Gilder 12 May, 2016 Ethical dilemma essay An ethical dilemma is a difficult situation that usually involves a conflict between moral obligations, in which to obey one would result in disobeying another (Murphy, 1997). Sedation is an ethical dilemma in palliative care because on one side it helps to relieve suffering for patients who are terminally ill and almost at the end of their lives. However, at the same time, sedation is making the patient deprived of certain bioethical principles such as autonomy, the main issue with palliative sedation is that it prohibits the patient from changing his or her decision, once sedation is commenced and informed consent also becomes complex (Cooney, 2005). The writer is in the favour of palliative sedation because it is an effective symptom controlled strategy for the patients who are nearly at the end of their lives. Moreover, it is believed that by providing sedation to a patient induce unconsciousness, which makes the patient completely unaware of the external world and tend to reduce the suffering by considering ethical and moral principles. However, some people think palliative sedation as euthanasia, which cause death because of making the patient deprive of nutrition and hydration while giving sedation. Ethical principles are going to be discussed in this essay such as autonomy, beneficence, non- maleficence and justice. Moreover, this essay also going to put light on current researchShow MoreRelatedEthical Dilemm Ethical And Ethical Dilemmas1610 Words   |  7 PagesEthical dilemma is an issue that has no satisfactory resolution. A conflict between two ethical standards and situations can result in ethical dilemma. The ethical behavior of an individual is determined by the cultural norms and the societal norms. This develops a sense of right and wrong which helps in decision making. 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