Porters Diamond Essay Example | Topics and Well Written Essays - 250 words

Porters Diamond - Essay Example The first aspect is the strategy and structure of firms. He explains that competition makes businesses to increase their innovation and productivity. Second, he describes the demand conditions factor. Here, he explains that firms face pressure due to increased demand, and this forces them to improve their competitiveness through an increase in quality. Third, he illustrates the nature of related supporting industries. Here, he reveals that the distance between such industries with a firm determines the exchange of information and ideas. In factor conditions, he explains that the factors of production are not inherited but created. He completes his model with the element of a government. He illustrates that the government only acts as a catalyst to push companies to competitive performance. However, Porter’s research has various limitations. First, Porter did not explore how culture influences the competitiveness of a nation in his framework. He did not explain how attitudes or social norms of a population towards authority affect the organization of firms. Second, it was incorrect to mention that the strategy and structure of companies are due to economic circumstances rather than culture. Cultural factors are the reasons for the creation of some enterprises such as Japanese business system of Keiretsu. Conclusively, although Porter's framework is incomplete, it is valid. Academics such as Dunning have extended on the framework and have revealed on the merits of the concept in explaining national competitiveness.

Performing well academically and having a social life Essay

Performing well academically and having a social life - Essay Example â€Å"We can't solve problems by using the same kind of thinking we used when we created them.† Being a 16 years old sophomore I believe I have faced enough competition in the early academic years. Since my childhood, I’ve been a shy, reserved and quiet person. I don’t interact with people much due to my hesitation while talking to new people. I feel uncomfortable when I am surrounded by a group of individuals and I’ve always tried to stay out of group discussions. These natural personality constraints led me to the isolation from my social circle. I have had a few friends and even their knowledge was limited about my problems, likes, dislikes and issues. These personality traits seem normal and unproblematic to many people. However, I personally feel that these were the factors that affected my academic performance the most. I never wished to take a position in the class in order to avoid prominence and attention from others. I did not take part in class discussions as I felt awkward and uncomfortable speaking in front of all students and the teacher. I kept myself from asking question even if I had some confusion in my mind regarding the topic being taught by the teacher. When I was a kid, I used to avoid interactions with other kids. I kept myself isolated in the parks, play grounds and even in the school. I used to keep my feelings secret and ideas personal. All these traits resulted in inner conflicts arising in me. I felt irritated by the thought that people avoid talking to me. I felt aggressive and angry when people talked to each other and did not involve me in their conversations. Somehow these were the reactions of my responses to them when they started a conversation or tried talking to me which I avoided most of the times. My parents noticed these problems and were constantly making efforts to make me friendly, confident and sociable. At first I found the lectures of my parents and elder siblings completely meaningless. I was extremely disheartened by the way people ignored me while talking to each other. This was the most difficult phase of my life. I lost my hopes of getting good grades, having friends and making my way out of the isolation that I created in the past years. However, the constant struggles of my parents motivated me to talk to them about my issues. I started discussing my experiences, daily activities and secrets with them. Their friendliness, affection and loving nature made me confident enough to share everything with them. The main problem then, was to change myself in front of others. I felt comfortable with my parents but when it came to other people I still felt the same hesitation and shyness. I started motivating myself to take part in the conversations. I started writing a diary of my day to day activities in order to blow out the negative feelings. I used to feel relaxed after writing the diary. I made a plan to encourage myself on speaking in crowds. Firstly, I started asking questions during the class lectures when I found anything confusing. I started taking part in the classroom discussions and academic debates which greatly helped me to enhance my social skills. My class fellows started discussing their academic and other issues with me which again was considered as an encouraging gesture by me. The first effect of this step was a positive apparent impact on my

Data Analysis Chapter Example

Data Analysis Chapter Example This chapter will focus on the results of the data analysis. The first section will discuss the descriptive statistics and in the second section the results of the Heckman two-step approach will be discussed. Descriptive statistics The descriptive statistics of the survey data will be discussed by comparing and characterizing the households that affected and do not affected by the climate change. The sample size used for the analysis is therefore 420 respondents. An uneven distribution of land ownership exists in coastal region of Bangladesh, with a significant proportion of land being owned by large landowners (Alauddin and Hamid 1997). Agricultural survey (1996 ) shows that 54% of families in coastal areas hold only 17% of the total agricultural land (PDO-ICZMP-2003). The majority of the rural population is either landless farmers (who sell their labor or cultivate others land)or marginal farmers (who have less than .2 ha of property) (Opstal 2006). Over the past decade the farmers are declined. Now a day in the coastal Bangladesh fishing is one of the most important economic activities. They are mostly landless or have a small plot of land to use for living purpose. In the study area total land size is changed due to climate change. It appears from the given table which shows the comparative analysis of land pattern before and after Aila. In 2008 the average amount is 157.02 hectare/year and in 2009 it is 99.89 hectare/year. Land is used for different purposes. In 2008, 159 respondents used their land for cultivation i.e they are the agricultural land owner and due to climate change only 75 respondents are the owner of the agricultural land. This amount is decreasing. In last 5 years 62 households lost their land in the study area. The total amount of damaged land is 36911.58 hectares. Most of the people depend on agriculture so this is a great loss for their survive. For this their income is decreased, expenditure is decreased and they have no enough money to buy the agricultural land. From this it is concluded that they live below poverty line. According to a recent (Oct09) study done by the South Asia Association of Poverty Eradication, each affected household has seen their income decrease by approximately 44% as a result of Cyclone Aila. The main independent variable is expenditures by household for a basket of basic needs, which is considered as a measurement of poverty. This expenditure measurement actually represents a poverty threshold value, which is derived from HIES (Household Income-Expenditure Survey 2009) by BBS and is equivalent to US$ 208/capita/year (BBS, 2008). It is referred as Basic Need Cost in the model. In 2009 we get only 84 respondents out of 420 do not live below poverty line. It is estimated by using our expenditure data from primary survey analysis. So due to climate change most of the households live below poverty line. Econometric Analysis Now we would like to continue with figuring out the nature and extent of relationship between agricultural land ownership pattern and poverty of Koyra. Hence, in this chapter we conduct econometric analysis. Variables used in econometric models With a view to identifying the relationship pattern between agricultural land ownership pattern and poverty we ran a number of econometric models. But before we proceed to the operation with econometric models, let us have a look at the variables used in the model. Dependent variable The dependent variable is total land owned by, which is considered to be affected by climate change. This variable indicates how much land was owned by the household in 2009. The values were taken in hectares for the entire household. Independent variables Below we have mentioned the independent variables, with short explanation, that we used in models. Variable household size refers to the total number of members in a household. Education refers to households average aggregate academic schooling year. It is the number obtained by summing up of formal schooling years of all members in a household and then dividing it with the number of total household members. This variable is considered as a proxy for capacity of households. The variable Duration with community refers to the number of years the respondent household living with the current community. Along with the above-mentioned dependent and independent variables, we used the following two independent variables for constructing correlation and regression. Econometric Methodology: We used a Heckman Two Step Model for dependent variable land ownership in order to find out if there is any sample selection bias in the model. This model consists of two processes that are addressed by two different equations: a selection equation and a conditional equation. The first probit equation is a selection process for the households having land-ownership or not. In the second equation the effects of independent variables on land ownership are examined. These processes are related to each other through their error terms which contain the unobservable. If there is no correlation between the error terms of the two equations, there is no need to perform a Heckman two step approach as there is no sample selection bias and an OLS regression provides the unbiased result (Dow and Norton, 2003). The Heckman two-step approach is based on the assumption that the selection equation and the conditional equation are related to each other through their error terms. When there is no relation between the error terms there is no need to perform a Heckman two step approach as there is no sample selection bias and an OLS regression will give unbiased estimators. For such a model, the bottom line in STATA output gives a value for Ï  (rho) with associated p-value. This Ï  is a likelihood ratio indicating the correlation between the error terms of the equations in Heckman model. The correlation between the error terms is indicated in table (Annex) by the selectivity parameter, Ï . The Heckmans lambda is included in the regression to control for the influence of unobserved characteristics of the variables. The regression coefficient of the control factor is an indicator for the covariance of the error terms. In the model the control factor is non-significant. The missing data problem can arise in a variety of forms. We can see that there are missing data in the sample. The number of missing data in is 3, but the problem is more severe for, where the number of missing data is 80. Since the data is missing mainly on the dependent variable, a nonrandom sample selection exists in this case. There is a possibility that due to some common pattern, the respondents did not provide any data. If that has happened, bias could always occur in OLS in estimating the population model. As a result, we use here the Heckman model. Our model is Empirical results This chapter will focus on the results of the data analysis. The first section will discuss the descriptive statistics and in the second section the results of the Heckman two-step approach will be discussed. Descriptive statistics The descriptive statistics of the survey data will be discussed by comparing and characterizing the households that affected and do not affected by the climate change. The sample size used for the analysis is therefore 420 respondents. An uneven distribution of land ownership exists in coastal region of Bangladesh, with a significant proportion of land being owned by large landowners (Alauddin and Hamid 1997). Agricultural survey (1996 ) shows that 54% of families in coastal areas hold only 17% of the total agricultural land (PDO-ICZMP-2003). The majority of the rural population is either landless farmers (who sell their labor or cultivate others land)or marginal farmers (who have less than .2 ha of property) (Opstal 2006). Over the past decade the farmers are declined. Now a day in the coastal Bangladesh fishing is one of the most important economic activities. They are mostly landless or have a small plot of land to use for living purpose. In the study area total land size is changed due to climate change. It appears from the given table which shows the comparative analysis of land pattern before and after Aila. In 2008 the average amount is 157.02 hectare/year and in 2009 it is 99.89 hectare/year. Land is used for different purposes. In 2008, 159 respondents used their land for cultivation i.e they are the agricultural land owner and due to climate change only 75 respondents are the owner of the agricultural land. This amount is decreasing. In last 5 years 62 households lost their land in the study area. The total amount of damaged land is 36911.58 hectares. Most of the people depend on agriculture so this is a great loss for their survive. For this their income is decreased, expenditure is decreased and they have no enough money to buy the agricultural land. From this it is concluded that they live below poverty line. According to a recent (Oct09) study done by the South Asia Association of Poverty Eradication, each affected household has seen their income decrease by approximately 44% as a result of Cyclone Aila. The main independent variable is expenditures by household for a basket of basic needs, which is considered as a measurement of poverty. This expenditure measurement actually represents a poverty threshold value, which is derived from HIES (Household Income-Expenditure Survey 2009) by BBS and is equivalent to US$ 208/capita/year (BBS, 2008). It is referred as Basic Need Cost in the model. In 2009 we get only 84 respondents out of 420 do not live below poverty line. It is estimated by using our expenditure data from primary survey analysis. So due to climate change most of the households live below poverty line. Econometric Analysis Now we would like to continue with figuring out the nature and extent of relationship between agricultural land ownership pattern and poverty of Koyra. Hence, in this chapter we conduct econometric analysis. Variables used in econometric models With a view to identifying the relationship pattern between agricultural land ownership pattern and poverty we ran a number of econometric models. But before we proceed to the operation with econometric models, let us have a look at the variables used in the model. Dependent variable The dependent variable is total land owned by, which is considered to be affected by climate change. This variable indicates how much land was owned by the household in 2009. The values were taken in hectares for the entire household. Independent variables Below we have mentioned the independent variables, with short explanation, that we used in models. Variable household size refers to the total number of members in a household. Education refers to households average aggregate academic schooling year. It is the number obtained by summing up of formal schooling years of all members in a household and then dividing it with the number of total household members. This variable is considered as a proxy for capacity of households. The variable Duration with community refers to the number of years the respondent household living with the current community. Along with the above-mentioned dependent and independent variables, we used the following two independent variables for constructing correlation and regression. Econometric Methodology: We used a Heckman Two Step Model for dependent variable land ownership in order to find out if there is any sample selection bias in the model. This model consists of two processes that are addressed by two different equations: a selection equation and a conditional equation. The first probit equation is a selection process for the households having land-ownership or not. In the second equation the effects of independent variables on land ownership are examined. These processes are related to each other through their error terms which contain the unobservable. If there is no correlation between the error terms of the two equations, there is no need to perform a Heckman two step approach as there is no sample selection bias and an OLS regression provides the unbiased result (Dow and Norton, 2003). The Heckman two-step approach is based on the assumption that the selection equation and the conditional equation are related to each other through their error terms. When there is no relation between the error terms there is no need to perform a Heckman two step approach as there is no sample selection bias and an OLS regression will give unbiased estimators. For such a model, the bottom line in STATA output gives a value for Ï  (rho) with associated p-value. This Ï  is a likelihood ratio indicating the correlation between the error terms of the equations in Heckman model. The correlation between the error terms is indicated in table (Annex) by the selectivity parameter, Ï . The Heckmans lambda is included in the regression to control for the influence of unobserved characteristics of the variables. The regression coefficient of the control factor is an indicator for the covariance of the error terms. In the model the control factor is non-significant. The missing data problem can arise in a variety of forms. We can see that there are missing data in the sample. The number of missing data in is 3, but the problem is more severe for , where the number of missing data is 80. Since the data is missing mainly on the dependent variable, a nonrandom sample selection exists in this case. There is a possibility that due to some common pattern, the respondents did not provide any data. If that has happened, bias could always occur in OLS in estimating the population model. As a result, we use here the Heckman model. Our model is We assumed that is observed if Where and have correlation Results: The results of our Heckman model are provided in Table (Annex). Using as a dependent variable in Heckman regression, we find and the constant term are significant while is insignificant. We also find positive relationship for and with . Considering the absolute values of the coefficients (table), the result shows that is the most influential between the two variables. A typical use of a logarithmic transformation variable is to pull outlying data from a positively skewed distribution closer to the bulk of the data in a quest to have the variable be normally distributed. In regression analysis the logs of variables are routinely taken, not necessarily for achieving a normal distribution of the predictors and/or the dependent variable but for interpretability. The standard interpretation of coefficients in a regression analysis is that a one unit change in the independent variable results in the respective regression coefficient change in the expected value of the dependent variable while all the predictors are held constant. Interpreting a log transformed variable can be done in such a manner; however, such coefficients are routinely interpreted in terms of percent change (Introductory Econometrics: A Modern Approach by Woolridge for discussion and derivation). Well explore the relationship between the landownership pattern and the per capita consumption expenditure. In this model we are going to have the dependent variable in its original metric and the independent variable log-transformed. Similar to the prior example the interpretation has a nice format, a one percent increase in the independent variable increases (or decreases) the dependent variable by (coefficient/100) units. In this particular model we take log with PCE and the coefficients on and represent the estimated marginal effects of the regressors in the underlying regression equation. So, an increase in the household size by one member increases land ownership by 6.30 hectares and an increase in the household consumption expenditure by one percent increases land ownership by 0.613 hectares. On the other hand, household size is the least influential variable. It is positively related with landownership pattern. So these two variables have greater influence on poverty. We used the Heckman two step models while taking land ownership as a dependent variable in the conditional equation of this model, along with other independent variables, result in model shows that PCE is positively related with landownership. The p value of lambda is 0.193 i.e. 19%. So this is not significant for the model i. e. there is no correlation between the error terms of the two equations in Heckman model. The lambda term is positively signed which suggests that the error terms in the selection and primary equations are positively correlated. So (unobserved) factors that make more observable tend to be associated with higher values of our independent variables in the selection equation. However, since the lambda term is not significant, we cannot come to any such conclusion and hence we conducted OLS. But if we use the OLS we get the following Table 1: OLS Result lnd_owners~p | Coef. Std. Err. t P>|t| [95% Conf. Interval] -+- lnpce | 58.21023 18.98437 3.07 0.002 20.86622 95.55423 hh_size | 4.660069 6.495749 0.72 0.474 -8.117666 17.4378 _cons | -204.742 97.52465 -2.10 0.037 -396.5819 -12.90203 We present the usual OLS regression in Table 1. As we can see from Table 1, and is both positive, while the former is not significant and the latter is significant. Similarly, the constant term is negative but significant. Table 2 From the above OLS table we consider the independent variables are per capita expenditure, education level, during with the community, household size and asset 2008 and the dependent variable is land ownership pattern of the respondents. In this analysis the model is significant in case of asset 2008 for dependent variable land ownership because in this case the value of P is 0%. We know if the value of P is less than 5% then the model is significant. From the regression we get per capita expenditure, education level, during with the community and asset 2008 is positive. But without asset 2008 all other variables are not significant. Similarly the constant term is also positive but not significant. Results from various OLS regression models are shown in Table 1 and.2. The former shows results when model is run with and while the latter shows results when land ownership is incorporated with other independent variables. Values of coefficient are different for the independent variables in the result tables. Using land ownership (i.e. our measure of poverty) as a dependent variable in OLS regression, we found without one, all the explanatory variables are not significant (Table 2). We also found significant positive relationship per capita expenditure, education level, during with the community and asset 2008 with land ownership whereas it is significantly negative for household size. Annex . heckman lnd_ownership lnpce hh_size, twostep select(lnpce edulevel duringwithcomty hh_size asst2008) rhosigma Heckman selection model two-step estimates Number of obs = 417 (regression model with sample selection) Censored obs = 80 Uncensored obs = 337 Wald chi2(4) = 9.83 Prob > chi2 = 0.0434 | Coef. Std. Err. z P>|z| [95% Conf. Interval] -+- lnd_owners~p | lnpce | 61.28878 20.67387 2.96 0.003 20.76873 101.8088 hh_size | 6.303549 7.203314 0.88 0.382 -7.814687 20.42179 _cons | -286.9731 123.3481 -2.33 0.020 -528.731 -45.21517 -+- select | lnpce | .0682579 .1348031 0.51 0.613 -.1959514 .3324671 edulevel | .0096151 .025462 0.38 0.706 -.0402896 .0595197 duringwith~y | .0161874 .005286 3.06 0.002 .005827 .0265477 hh_size | .007615 .046654 0.16 0.870 -.0838252 .0990552 asst2008 | -1.13e-06 7.34e-07 -1.53 0.125 -2.57e-06 3.12e-07 _cons | -.0686488 .6543009 -0.10 0.916 -1.351055 1.213757 -+- mills | lambda | 181.4302 139.4798 1.30 0.193 -91.94525 454.8057 -+- rho | 0.74328 sigma | 244.09453 lambda | 181.43021 139.4798

Smith’s Division of Labour Essay -- Essays Papers

Smith’s Division of Labour According to Smith, there are three reasons why the division of labour increases productivity. First, Smith attests that the division of labour increases dexterity within the workplace. By dexterity, Smith means that an individual performing one task repetitively can accomplish that task faster than an individual who attempts to accomplish all tasks by himself. Carpentry is a prime example of Smith’s division of labour. It may take an individual an entire day to complete one chair†¦ to cut, route, and sand the boards. Then to glue, screw, and finish the chair. If the job of making the chair was divided up between different individuals each performing one task, then the number of chairs completed in a single day would increase dramatically. Second, Smith believed that the division of labour saves time. When one man must perform every task, it takes time to move between the different stations necessary to complete the task. Furthermore, changing jobs or tasks within the workplace causes psychological problems. It takes time for someone to adjust to a different task, whereas an individual who only performs one task never has the need to readjust. Take the carpenter for example; after cutting the boards to shape he must then move to route and sand the boards. The adjustment from cutting the boards to sanding the boards is a complete mental transition. Different tools, motions, and locations are necessary in order to sand the boards as opposed to cut the boards. The transition between tasks wastes valuable time and money. Another time-wasting element of the workplace without a division of labour is man’s intrinsic tendency to take breaks between jobs or tasks. The transition between diff... ... process is to make a woolen coat which keeps a day labourer warm so that he, again, can start the chain of economic processes. Within each step of the woolen coat or chair construction, there exists a separate division of labor as well. In order to gather the lumber, there are dozens of separate steps necessary. Someone must cut down the tree, and then one must stack the tree into a truck. After which, one must drive the truck to the lumber yard. Then the trees must be cut into boards. Then the boards must be stacked and watered†¦ it is an endless chain of responsibilities. Again, according the Smith, the most beneficial manner in which to accomplish these steps is to have one individual occupy each step. Therefore, it becomes apparent that there are thousands of individuals whose work goes into making something as simple as a woolen coat or a chair.

Why Rhode Island Was the Most Democratic Colony

â€Å"American† Essay The original thirteen colonies, from groundbreaking Virginia, first settled in 1612, to the bountiful Carolinas originating in the year of 1670. In 1636, twenty four years after the formation of Virginia, the revolutionary Rhode Island came to be. Though settled three-hundred and seventy-six years ago, Rhode Island at that time, still holds similarities to what it means to be â€Å"American† today. America is synonymous with freedom, tolerance of those different, equality, and democracy.Rhode Island can be considered the most American of all thirteen original colonies, because it supported separatist government, practiced religious tolerance, and had a democracy from the start. Rhode Island may never have came to be, if not for Roger Williams. After being exiled from the Massachusetts Bay Colony, for endorsement of a separatist movement, It was he who relocated to present day Rhode Island. At that time, Massachusetts, was a colony ruled by Puritans . These people were anti-separatists, which means that they did not believe in the separation of church and state.Any resident living in Massachusetts, regardless of Religious affiliation was required to pay taxes to the puritan church. The churches only problem was not the requirement of taxes, but also their efforts to control other aspects of the colonist’s lives. Massachusetts had a certain kind of feel to it, and the Puritans wanted to assure that it stay that way. Puritans felt threatened by any kind of act that did not fit perfectly with their view of what life should be like in their colony. For example, If two people were found to be showing any type of affection towards each other in public, they were fined.Puritans were against the practice of ceremonies, or any type of event containing music. They believed that music was an expression not pure enough for their way of life. Puritans refused to celebrate various holidays, such as Christmas. They also would not allow certain staples of religious practice to be involved in their worship. Candles, or religious images were not permitted in church service. Many forms of entertainment were not allowed in Puritan villages. Gambling or other games of chance were outlawed. Plays of any genre were not allowed.Laughing in public was forbidden, because it suggested that devilish or demonic spirits inhabited you. The Puritans worked to control every aspect of a persons life. Roger Williams, founder of Rhode Island, would have none of it. From the start Williams allowed Rhode Islander’s many freedoms, as well as creating a separatist government, in some ways, the first of its kind. Williams did not require citizens to attend church, and did not let laws interfere with a someone’s personal life. He believed that it was not the churches/governments right to control such things.Though the people of Rhode island did pay taxes, these taxes went to the government, not a state church. The lack of the se laws can be considered very â€Å"American† by modern standards. When looking at the country now, one can see that there is an absence of laws restricting Humans actions and rights, aside from cruel and unjust acts. Each individual has freedom of speech, and is allowed to express their ideas openly. The US does not outlaw many types of entertainment, music, holidays, or public displays of humor or affection. Rhode Island shares this in common with the present day US.The same cannot be said of the Massachusetts Bay Colony. Rhode Island was one of only four colonies whose government did not have an official religion. The Carolina’s, Maryland, New York, and Virginia all supported the Anglican church, While Massachusetts, Connecticut and New Hampshire all chose to support the congregational church. This proves that Rhode Island was uniquely and unconscionably â€Å"American† for its time. Rhode Island can again be considered â€Å"American† because of itâ €™s practice of complete religious tolerance, this was unheard of in most other colonies in these times.Williams allowed anyone, regardless of religious affiliation to reside in the state. Jews, persecuted by almost every other colony at the time, as well as Catholics were allowed to live in the boundaries of Rhode Island, and not fear punishment or persecution. Even the endlessly persecuted Quakers were allowed in Rhode Island. Quaker views were vastly different than that of leader Roger Williams, but he believed that they should not be persecuted for this difference in opinion. When looking at the views of other colonies, one can see that they did no share the same ideals. Maryland claimed to be religiously tolerant.Created as a refuge for Catholics, one would assume that a place such as this would be tolerant of other religions, the Act of Toleration was passed in 1649, but was not as welcoming as it sounded. While giving freedom to Christians, it also stated the right to per secute all Jews, or atheists with no religious affiliation. Massachusetts was wildly intolerant of not Christians, torturing and killing the Quakers, whom later fled to Rhode Island. All colonies supporting the Anglican church practiced religious tolerance to their fellow protestants, and in some cases even Catholics, but none would accept those who denied the divinity of Jesus.Congregational colonies were even more strict in their tolerance of other religions. Aside from religion, Rhode Island was also tolerant of people that for other reason would not be welcome elsewhere. Those like Williams who had angered the leaders of their previous residence were welcomed there. Anne Hutchinson, whom was also exiled from the Bay Colony is a famous resident of Rhode Island. Her Ideals were far from that or Williams, but still she was welcomed in his colony. Both rich and poor could find a home in Rhode island.It was unlike the sprawling plantations of South Carolina, or Virginia where the poo r were exiled from being â€Å"squatters† on the land, or the large and powerful elites of aristocratic New York, controlling not just the government and economy, but the land as well. Rhode islands practice of tolerance, not only pertaining to religion, but also to the differing of ideals and economic status, again shows that Rhode Island is the most â€Å"American† of the thirteen colonies. A third reason that Rhode Island can be considered the most â€Å"American† colony was it’s voting system.Rhode Island gave all men, who owned property and payed taxes on said property the right to vote. Regardless of Religion, a man had this right. This was unheard of in many colonies at the time. Anglican colonies such as South Carolina and Georgia, also allowed man holding men to vote, but only if they were of protestant religion. Some colonies were even more strict with their voting rights. In the Massachusetts Bay Colony the government could not even be consider ed a democracy. The Freemen held the right to elect the governor annually as well as his cabinet.The freemen however, were few and far between. Only puritans could be freemen, and they were not even eligible until they were declared â€Å"visible saints†. This is when, at church, god inhabits a person, which causes him to convulse, or perhaps speak in tongues. Because of this rule, only few men were eligible to vote in elections. Rhode Islands suffrage law, allowed a vast number of citizens to vote, which in turn made Rhode Island on of the most democratic of the colonies at the time. This again proves that Rhode Island was the most â€Å"American† of the Thirteen colonies.There are those that do not believe Rhode Island was the most â€Å"American† colony of our forefathers. Some may say that the most â€Å"American† colony was in fact Georgia. Evidence supports that this was not the case. Though Georgia supported separatist government, and did not affil iate with any one religion, they did however persecute certain religious groups. Catholics. The Jewish, and Atheists were discriminated against and persecuted in Georgia, because of this, these people did not have the right to vote in any election, only practicing protestants could participate in elections.These shortcomings of the Georgia colony disqualify it from being a truly â€Å"American† colony. Rhode Island can easily be considered the most â€Å"American† colony for many reasons. Rhode Island participated in separatist government, practiced religious toleration towards all religions, and promoted suffrage for a large amount of people at the time. When someone is asked to describe America in three words, one is willing to bet that those three words would be freedom, tolerance, and equality. Rhode island had the right idea hundreds of years ago, and our country has been influenced by these simple ideas ever since.

As technology progresses more forms of video editing are being introduced

As technology progresses more forms of video editing are being introduced, with this comes the easier and more intelligent way of creating suspense during a film, or for sections and events in a film or on Television. There are a number of factors that influence the way in which suspense is created, these are, camera angles & shots, sound, lighting and finally editing. All of these factors combined create a very professional and effective way of suspense being built up. Camera angles & shots are effective on their own as well as being backed up by sound and lighting. There are many forms of camera angles that are used for different events, for example, a Long Shot (LS) would not be used to show the emotion of someone, to show the emotion and make an effective sequence an Extreme Close-Up (ECU) would be used. The same goes for when a high authority figure is being portrayed. To make someone look powerful a Low Angle Shot (looking upwards at the object) would be used to create a feeling that the viewer is smaller and less powerful that the object that is being portrayed. Sound is used as a form of backing device, which basically supports the camera. There are 4 types of sound, Dialogue, sound effects, ambient sounds and Non-diegetic sounds (especially music). Lighting does more than ‘lighting up and area', lighting is referred to in two manors, Realist light and Expressive light. Realist light is used to simulate reality, it has worked if you haven't noticed it being used, and Expressive Lighting is to set the mood or affect our view of a character or an incident. There are three main points of light, Key light, fill light and back light. Key if the main light source on set, Fill removes shadows and Back defines figures outline. Finally there comes editing, there are two main forms of film editing, they are called Continuity Editing and MTV Styles Editing. Features of continuity editing are the 180 and 30-degree rule, shot/reverse shot for dialogue and match cutting. Features of MTV Style Editing are side-steps traditional narrative, more concerned with establishing mood or feeling. There are a few reasons why people distinguish between the two types of editing, it helps focus attention on the editing process and also opens up helpful ways of looking at short forms like adverts and music video. The Untouchables was set in the year 1930, and America pays heavy price for its experiment with Prohibition. Illegal, yet lucrative business of bootlegging made Al Capone (played by Robert de Niro) the undisputed leader of the Chicago underworld and most powerful man in the city. However, despite his public businessman personality, Capone keeps his supremacy by brutal violence, not caring about the lives of innocent people. After a small girl died in one of such incidents. The Federal Government decided to stop the violence by creating a special task force. The force was led by Eliot Ness (played by Kevin Costner). His debut raid on Capone's warehouse ends up as an embarrassing fiasco, and Ness now knows that he can't rely on notoriously corrupt local police. The rare exception among Chicago cops is old Malone (played by Sean Connery), who lost his career because of his honesty. Ness gets the idea to create a new unit of few, yet capable and reliable lawmen that would battle Capone's all-powerful organisation. He and Malone recruited two more men – Treasury accountant Oscar Wallace (played by Charles Martin Smith) and Chicago rookie policeman George Stone (Andy Garcia) – and they started hitting Capone's operations hard, earning the nickname ‘The Untouchables' by the press that were following them as they started crushing Capone. The extract in which I am examining for the build up of suspense is the part of the film where Eliot Ness and his partner are waiting at the train station for ‘The Bookkeeper'. Eliot Ness and his partner (both being police officers) arrive at Grand Central Station at five minutes to midnight to intercept the departure of ‘The Bookkeeper' who is due to travel on the five past twelve train to Miami. As the police officers take up their ‘ambush' positions the beginning of the suspense sequence begins. By this I mean that with them taking up their positions it in a way makes the viewer think, ‘hey, what's going to happen here? ‘ As the officers take up their positions the sound of footsteps is amplified (made louder and more noticeable) than that of the normal sounds within a train station. There is also the sound of a large group of people speaking and having a general chitchat. The camera movement between these separate events is frequent yet timed in a way to keep the viewers brain in motion. There are a number of low angle shots, which cause the detectives to look vulnerable as if they are in danger. As a mother and her baby enter the shot, wanting to go up the stairs with a big pram and suitcase. The mother is struggling to move all on her own. Elliot Ness sees the mother struggling, and knows that if she doesn't get out of there soon she is danger of being shot. Once the mother and baby enter a lullaby starts playing in the background, as if to exaggerate the innocence of the baby and it's mother. All of the camera shots of the mother and baby are from a bird's eye perspective. As the mother starts to take the pram and suitcase up the stairs, the baby starts crying. As the mother tries to stop the baby crying the camera jumps in a rapid motion between the baby, Elliot Ness and the clock. The clock is showing the time of about two minutes to twelve. You see the mother and baby from Elliot's point of view (from his line of sight), which shows the mother and baby not only to be innocent but very vulnerable to the violence that is very probable to happen within the next three to four minutes. At this point there is a considerable amount of suspense that has been built up with the camera constantly flickering between a helpless baby, a struggling mother, a detective poised to shoot people and a clock showing how very little time there is until the gangsters arrive with The Bookkeeper. At this point Elliot, as a natural reaction to help the mother, leaves his ‘ambush' position and runs down the stairs to help the mother take the baby up the stairs. As he runs towards her he hides his gun so not to alarm her that something dreadful is about to happen. As he goes to help the viewer feels a small sense of relief that the mother and baby are going to fine and unharmed yet there is still the possibility that the gangsters are about to arrive at any minute. As Elliot starts helping the mother orchestral yet dramatic music begins along with the sound of a train. When Elliot is about half way up the stairs the dramatic music becomes louder as he stops. As a man enters the station and stands at the door, there is a high angle shot on Elliot, camera focuses on Elliot and the baby and then the people entering the station. Then a man with a strap on his nose enters the station and stands there smiling. At this point very dramatic music starts playing and the lullaby stops; the camera zooms in for an extreme close up of the gangster's eyes and Elliot's face. Elliot draws his gun and shoots this man, as Elliot shoots him he lets go of the pram and the baby and pram start falling down the stairs. There is then lots of shooting and gunshots stand out over all other sounds. The picture starts moving in slow motion, you can hear the prams wheels creaking as the pram starts dropping down the stairs which is the shot twice. You then see the mother screaming but can't hear her. Elliot and his partner shoot and kill all the gangsters and keep the Bookkeeper alive. Elliot's partner then runs across and throws up a gun to Elliot, as Elliot's shotgun was empty, as his partner dives and saves the baby's pram Elliot shoots the last gangster. It is still unknown whether the baby is alive or not. As Elliot's partner saves the pram and chaos is restored to normality the lullaby starts again indicating that the baby is ok and then you see a camera shot of the baby. The sequence between the gangster entering and Elliot's partner saving the babies pram is the climax of the suspense that has been built up by all of the camera's jumping. During this sequence of scenes there has been alot of MTV Style editing that has taken place. This is because of all the jump cuts that have been used between each picture. A study of how suspense is used in an extract from the film ‘The untouchables'

A Basic Guide to the NCAA for Your Children

A Basic Guide to the NCAA for Your Children If youre the parent of a student-athlete, youve probably heard the term NCAA. The NCAA, or National Collegiate Athletic Association, is the governing body that oversees 23 different sports and athletic championships at 1,200 colleges and universities in the United States. It stresses a well-rounded student, who excels at sports, as well as academics and campus life. Recruitment for the NCAA The point at which parents and the NCAA usually intersect is during college recruitment. High school athletes who want to play college ball (or track, swimming, etc.) at Division I, II or III school must register with the NCAA through its online eligibility center. If your child is interested in playing sports at the college level, his counselor and coach can help him navigate that path.   Divisions I, II, and III Schools that are part of the NCAA are divided into Division I, II and III schools. Each of these divisions reflects the relative priority of sports and academics. Division, I schools generally have the largest student bodies, as well as the largest budgets and scholarships for sports. 350 schools are classified as Division I and 6,000 teams belong to those schools. Division II schools strive to provide student-athletes with a high level of athletic competition, while also maintaining high grades and a well-rounded campus experience. Division III schools also provide opportunities for student-athletes to compete and participate athletically, but the primary focus is on academic achievement. This is the largest division in both total participants and number of schools. NCAA Sports By Season Fall Sports The NCAA offers six different sports for the fall season. Arguably, the most popular overall collegiate sport is  football, which takes place during the fall season. Overall, though, the fall season offers the least amount of sports out of the three seasons, as more sports take place during both the winter and spring seasons. The six sports offered by the National College Athletic Association for the fall season are: Mens and womens cross-countryField hockeyFootballMens and womens soccer teamsWomens volleyballMens water polo Winter Sports Winter is the busiest season in college sports. The NCAA offers ten different sports during the winter season: Mens and womens basketball teamsBowlingFencingMens and womens gymnasticsMens and womens ice hockeyMens, womens and mixed rifleMens, womens and mixed skiingMens and womens swimming and divingMens and womens indoor track and fieldWrestling Spring Sports Eight separate sports are offered during the spring season. Out of those eight sports, seven of them are available to both men and women. The spring season offers baseball for men, as well as softball for women. The eight sports offered by the National College Athletic Association for the spring season are: Baseball and softballMens and womens golfMens and womens lacrosseRowingMens and womens tennisMens and womens outdoor track and fieldMens volleyball Womens water polo

Shrek reverse the tradition of the fairy tale genre Essays

Shrek reverse the tradition of the fairy tale genre Essays Shrek reverse the tradition of the fairy tale genre Paper Shrek reverse the tradition of the fairy tale genre Paper Essay Topic: Beauty and the Beast and Other Tales Donkey annoys Shrek on their journey but when they are near the castle the lighting changes quickly as one minute there is a beautiful blue sky with lush green lawns surrounding it, while the next black clouds appear with smoke spreading across the planes. There is a slight change in the music as it changes from joyful to raucous lightning and thunder. The camera changes its angle by zooming back and forth across a rope bridge, which is above a boiling lake of lava. As they reach the castle, Shrek and Donkey split up, as Donkey is pure mischief, he ends up finding the dragon. The dragon starts spraying rows of fire so Donkey sprints towards Shrek who is flung by the dragon into a room located in the tallest tower. The camera this time captures the fire as it changes into slow motion when it goes over Donkeys head. Donkey seduces the dragon with his charm. Incidentally, even the traditional fearsome dragon is not really a traditional dragon it turns out to be a she-dragon who wears lipstick and is only fearsome because shes lonely and unloved. This links to Shrek as the dragon should be scary but has reversed its nature to be good and kind hearted just like Shrek. It also has feelings and again people are scared of it just as people are when they meet Shrek. Donkey sees them as being normal people. The music is very soothing when Shrek lands in the princesss room. He slowly rises and instead of sweeping the princess off her feet he starts to shake her violently. This is very un-fairy tale like as Shrek is not a prince and does not kiss the princess like in Snow White. He picks up the princess and sweeps up Donkey and makes his exit before the dragon kills them all. If it were a fairy tale, it would have now ended with them getting married, but it continues. During this scene Shrek quotes, Ive got to save my ass, which the princess took differently. She thought that Shrek was referring to himself but was actually talking about Donkey. Shrek does care about Donkey even though it does not seem to appear otherwise he would not have gone back to save him. Princess Fiona becomes upset about the rather abnormal way Shrek and his noble steed rescue her, as it is not fairytale-like. On their way to Duloc much is noticed about the princess. She might dream of the fairytale life but she is no princess. Princess Fiona is worse than Shrek as she belches, kick boxes, blows up frogs with straws, steals birds eggs for breakfast and sacrifices her beauty to be with the beast she loves. Shrek does not come up to the princesss standards of beauty and elegance she is upset by his looks. It is very unusual the way they used World Wrestling Federation moves on Robin Hood, which is great and successful. The movie makes fun of every meaningless element in Disney fairytales and includes some colossal fighting scenes, like famous action sequences from the Matrix intertextuality of modern/traditional books and films. The ending is like a traditional fairytale as Shrek stops the wedding between Princess Fiona and Farquaad. Farquaad himself is a freak a four-foot small midget. Farquaad cant face up to his difference and so he pays the ultimate price the fearsome dragon eats him. They marry and go off in a horse-drawn carriage like in Cinderella. They live happily ever after. There is then a song where the whole cast participates including the fairytale creatures. This is well structured and is inspiring. Shrek reversed the tradition of fairy tales right to the end as he took the full advantage and made a fun out of them, so viewers would find it humorous and strange.

Black Boy Essay Research Paper 3 Black

Black Boy Essay, Research Paper 3. Black Boy, Richard Wright Black Boy, is both an indictment of American racism and a narration of the creative person # 8217 ; s development. As a kid turning up in the Jim Crow South, Richard faced changeless force per unit area to subject to white authorization. However, even from an early age, Richard had a ferocious spirit of rebellion. Had he lacked the resiliency to be different despite the force per unit area to conform to societal outlooks, he would likely neer have become an internationally celebrated author. The full system of institutional racism was designed to forestall the American black # 8217 ; s development of aspirations beyond humble labour. Racist Whites were highly hostile to black literacy and even more so to black Americans who wanted to do composing a calling. However, Richard did non merely face resistance to his dreams from racialist Whites. In many ways, his ain household and the black community ferociously opposed his aspirations. His grandma, a rigorous, illiterate Seventh Day Adventist, considered reading and composing about anything other than God iniquitous. Richard # 8217 ; s equals considered him silly and unrealistic and possibly unsafe. Throughout his childhood, Richard suffered force at the custodies of his household for make bolding to arise against his assigned function of low silence. In Black Boy, he frequently charges the black community with perpetuating the docket of white racism. Throughout his childhood and maturity, Richard reacted with acrimonious disdain toward what he saw as the entry of other black people to white authorization. Wright has frequently been criticized for neglecting to admit or appreciate the profusion of the American black community. However, his personal experiences clearly affected his relationship with it. Merely as he suffered maltreatment and ill will from his ain household, so did he have small comfort from the larger black community. Wright invariably clashed with what he saw as Black American entry, and, for personal grounds, clashed with all spiritual bigotry. The black community reacted to his rebellion in sort, and Richard suffered intense isolation and solitariness during the formative old ages of his life. He did non understand until subsequently that his household and the black community discouraged his rebellion because matter-of-fact entry to the outlooks of racialist Whites was a agency to guarantee the corporate endurance of the community. A rebellious act of one person non merely represented a menace to his or her life but besides to the lives of his or her household and the black community as a whole. This tenseness, between the demand to conform for endurance and the demand to arise in order to accomplish single and community dreams, is one that animated Wright’s life and his autobiography. In the book, Richard lays bare the paranoia and trouble of being a black adult male in America, even the purportedly non-racist America of the North. When he fled from the South to Chicago, Wright all of a sudden entered a new environment: The civilization was more tolerant, but lingering beneath was a latent racism. Richard found that the fright of uncertainness engendered by this racism, by the changeless subconscious cognition that blacks in America were 2nd category citizens, could drive many American inkinesss to subject to white authorization merely because it offered the security of cognizing what to anticipate. In the North, Richard could sit following to white adult male on public transit, and he could even impeach a white colleague of ptyalizing in the nutrient at a eating house where he worked. However, for a long piece, Richard did non cognize how to move. He, like many inkinesss, feared perpetrating an discourtesy that might take to the annulment of the meager rights the y had eventually achieved. Richard # 8217 ; s hunt for belonging finally brought him to Communism. But merely as Wright found deficient the dictates of the black community and of faith, he shortly came to happen the paranoia, fright, pettiness, and bigotry of the Communist party to be excessively much. He agreed with Communist political doctrine but non with its pattern. Wright # 8217 ; s hunt for ego, a subject that runs throughout his life of rebellion

The Epistemology of Conspiracy Theories Essay Example | Topics and Well Written Essays - 1250 words

The Epistemology of Conspiracy Theories - Essay Example As was demonstrated for example with the Iran-Contra Affair. Nonetheless, he points out that unwarranted conspiracy theories (UCT's) are the ones that pose philosophical difficulties, and it is these that he sets out to analyze by offering an explanation as to why they are popular, and why people should not believe in them. He also expresses an interest in discussing the wider philosophical issues surrounding conspiracy theories as well as examining the wider implications of many people nowadays accepting them as true explanations of events. This situation deserves being studied because it indicates a growing conflict between opposing views with some people accepting the mainstream received views and others that are more acceptive of the views of conspiracy theorists. The author terms the main tool of conspiracy theorists as 'errant data'. This type of data is considered to exist as either contradictory data, or data that is unaccounted for. Whereas the former is concerned with data that conflicts with official explanations, the latter is concerned with data which the official explanations are unable to account for satisfactorily. He makes the point that â€Å"Conspiracy theories are attractive, a fact demonstrated by their current popularity. But their alleged virtues are subtly flawed.†, and then tries to prove this. The attractiveness, or rather strength, of conspiracy theories, lies in their ability to seemingly unify the explanations of different events.  ... studied because it indicates a growing conflict between opposing views with some people accepting the mainstream received views and others that are more acceptive of the views of conspiracy theorists. The author terms the main tool of conspiracy theorists as 'errant data'. This type of data is considered to exist as either contradictory data, or data that is unaccounted for. Whereas the former is concerned with data that conflicts with official explanations, the latter is concerned with data which the official explanations are unable to account for satisfactorily. He makes the point that â€Å"Conspiracy theories are attractive, a fact demonstrated by their current popularity. But their alleged virtues are subtly flawed.†, and then tries to prove this. The attractiveness, or rather strength, of conspiracy theories lies in their ability to seemingly unify the explanations of different events. By their very nature, they are always able to explain more than other competing theori es. Conspiracy theories explain not only the 'received account' of events, but also the errant data that these official explanations generate. It is precisely this 'virtue' of conspiracy theories that the author describes as their 'beauty', i.e. their â€Å"wonderfully unified accounts of all the data at hand, both those the official story explains, plus those niggling, overlooked errant data.† Also, conspiracy theories are sustained by making people believe they are indeed only conspiracy theories, i.e. not widely believed, which might otherwise make the truth be revealed. Errant data is believed by the author to play a critical role in UCTs. He believes that when an official received account fails to explain certain errant facts, the existence of a conspiracy becomes the best explanation of the

Companys annual report and accounts Assignment Example | Topics and Well Written Essays - 1500 words

Companys annual report and accounts - Assignment Example The strong cultural values make their identity as well as it is the integral part of their success (J Sainbury Plc, 2013, p.1). David Tyler is the chairman of the company. In real fair price, they are offering the best food for health. Profit making is not only the main of the company. They respect the environment. Their aim is to be the greenest grocer of UK. As well as they are funding for different charitable causes. From being a retail shop it is now diversifying its business by going online, opening own brand bank, they also doing property related business. All of these help them to acquire the whole market. In every aspect of need and demand Sainsbury can stand with their product as well as services. As a super market it is the first sponsor of the London 2012 Paralympics Games. The company has a market share of 16.5% in the UK super market (Mirza, 2012, pp.34-87). When an investor wants to invest in any company he needs to analyse the financial information of that company. The huge amount of numbers in the financial statement may confuse the investors. So financial ratio is a simpler and more organised way by which the investor can easily make his judgement about the financial position of the company. So we can say that Ratio analysis is a tool which is mainly used for different quantitative analysis of one company’s financial statement (Friedlob and  Schleifer, 2003, pp.45-67). The company’s liquidity, solvency, efficiency and capital structure of the company can be understood by using ratio analysis. Some of the ratio discussed below. Comparing with the expenses and relevant costs of the company, what is the ability of the business to generate earnings is measured by this type of ratios. Profit margin and return on assets are the two basic profitability ratios to measure the earnings capability of the companies (J Sainsbury plc, 2012, pp.2-5). The above table shows the yearly amount of profit and revenue. We can see that it is continuously

What are the Key Success Factors for the industry Essay

What are the Key Success Factors for the industry - Essay Example This research will begin with the statement that wide market that is available. Many people nowadays prefer bottled to other water. Some of the reasons why they frequently choose to take bottled water are because it is safe, that is, free from contamination, it is flavored and readily available. More significantly, most of the people consider bottled water as a product of prestige. Due to the fact that, we are in the generation that value showing than any other thing they opt for bottled water. It is estimated that in the year 1990 more than two billion of gallons of this water was consumed in the United States of America only, exclusive of other countries. By the year 2005, there was an increase of consumption per capita of 25 gallons. This is a proof that this product has a wide and ready market. The bottled water popularity that was ever on the rise was ascribed to the questionable sanitation issues of the drinking water that was provided by the municipality. Also, the lifestyle o f American that is ever working and busy found bottled water to be more convenient due to its portability. Due to health consideration, many people opted to take the bottled drinking water instead of the soft drinks. Soft drinks had a lot of sugar and other additives that were not healthy for the consumption of the people. The method of parking water too pleased many people. The water was parked in containers that could be returned back to the company after the whole amount of purchased water was used. (Dege 421). There was also very stiff competition from rivalry companies, something that made the administration of the company to innovate new production and marketing strategies to ensure that the company is known by many customers. This greatly improved the quality of the products. Due to the quality it attracted many clients who were interested with quality products. Promotions of the company were intensified, and at the same time products were sold at lower prices compared to the rivalry companies. The company was complying with all the legal requirements. Therefore, there was a minimal hindrance from the legal framework. This feature made all the activities of the company to be undertaken openly with no resistance from the enforcers of the laws for instance, the Federal Food, Drug and Cosmetic Act was given much priority. The constructions and the design of the company had followed the legal framework to the latter (Dege 420). Good administration is a factor that led to the success of the company. The management team focused on research to improve the production and marketing processes. It was also proactive in prevention of instances that could jeopardize the progress of the company. 2. How is the industry changing? The industry has been growing tremendously and expanding its market since the year 2000.this is because many people shifted and some are in the process of stopping using Municipal drinking water to bottled drinking water. More especially in the United States of America the market has immensely grown leading to high consumption of bottled water and other products which are produced by the company. The production of the industry is also changing to fit the demands of customers in regard to their health and nutrition, whereby they are producing products which are healthy and boost the body systems. Due to this, the industry is making a lot of profit and it is utilizing the same profit in opening up of new branches in areas of the target. Up to now, the industry is found all over the world. 3. Describe and evaluate the strategies of the "Big 3" companies in the U.S. market. Appropriate Promotion strategies The companies invested adequately in the marketing of their products using attractive methods and knowing the gap that was left especially by the Municipal that was in charge of supplying people with drinking water. The strategies took the attention of many people who later on decided to purchase for the products of the companies. They went beyond the market

Critically assess the importance of solar variability, volcanic Essay

Critically assess the importance of solar variability, volcanic eruptions and greenhouse gas concentrations as climate forcing f - Essay Example Climate change is brought about by many factors. These include circulation of the oceanic processes, solar variations, volcanic eruptions, plate tectonic activities and human factors. Studies to determine the level of climate change is done using observation and theorems. Factors that affect climate are called climate forcings (Yang et al,2000) .They are internal and external climate forcings; these forcings affect some parts of the environment faster or slower depending on the position of the given atmospheric location. The ocean is known to respond slowly to climate forcings. Forcings are either internal or external depending on the genesis of the process (Valet, 2003). Internal forcings include natural processes within the atmosphere like volcanic eruptions, tectonic plate movements, variations in solar radiations and concentration of greenhouse gas effects (Geel et al., 1999). External forcings are human activities that lead to the emission of dangerous gases into the atmosphere. There also are climate change feedbacks which are elements that act in three ways to climatic forcings (Orr, 1999). It can be sudden, where there occurs a sudden cooling effect occasioned by a high presence of volcanic ash in the atmosphere which will reflect sunlight and heat. It can be gradual, in this case, the water bodies become warm slowly; and then overflow. The third possibility is a combination of both fast and slow reactions, in such a situation a sudden cooling of ice is experienced in the Arctic Ocean followed by a sudden meltdown of the ocean ice (Grootes and Stuiver, 1997). Currently, we are in a period between two ice ages, and if there are no other influences, another ice age will occur in a time scale of thousands of years. The rate of global temperature change linked to astronomical forcing is approximated to be in the order of a few tenths of a degree Celsius per thousand years (Washington et al., 2001). Solar Variations Information on solar changes is obtained f rom cosmogenic radionuclide records. The variables used in this study illustrate how changes over periods of time have influenced the climatic conditions of given geographical regulates and the production of carbon dioxide. (Svensmark and Friis-Christensen, 1997). High powered galactic cosmic rays induce a reactivity series of nuclear reactions that produce cosmogenic radionuclide in the atmosphere. When elements carrying high energy hit oxygen and nitrogen in the atmosphere, Be (beryllium) is formed. Further reactions of this element with nitrogen form slow neutrons. The sun regulates the intensity of the galactic cosmic rays (GCR) that reaches the earth’s surface and in this way, affects the production of radionuclides in the atmosphere. After Be is formed, it combines with aerosols and hangs in the atmosphere for one to two years (Mc Hargue and Damon, 1997). Disparities in 10Be records between Antarctica and Greenland during 1950 AD have led to differing conclusions regard ing solar activity in this period (Lean, 1991). According to Greenland records, there was low 10 Be production after 1950 AD but in the Antarctic records, the trend is opposite. These 11-year averages of sunspot data and the neutron monitor show

Windows server 2008R Assignment Example | Topics and Well Written Essays - 2000 words

Windows server 2008R - Assignment Example The hardware recommendations and specifications for windows server 2008 include, the processor must be a minimum of 1 GHz for processors with the rating of x86 and 1.4GHz for processors with the rating of x64. The recommended clock speed for the processor is 2 GHz which is the most ideal processor for optimum performance of the Windows Server 2008. For Itanium based systems, for Windows Server 2008 to be installed properly, an intel Itanium 2 processor is required. Another hardware requirement for the installation of Windows Server 2008 is a minimum memory of 512 Megabytes Random Access Memory (RAM). However the recommended memory value for installation is 2 Gigabytes RAM or greater. The maximum memory for a 32 bit system for a standard system is 4Gigabytes while for a Datacenter or an enterprise 64 Gigabytes would work perfectly. For a 64 bit system, the maximum memory for a standard system is 32 Gigabytes while for a Datacenter or an Enterprise, 1 terabyte and 2 terabyte for an Itanium based system. (Mathews, 2008) Available disk space is another hardware specification requirement for the installation of a Windows Server 2008 operating system. The minimum available disk space for installation should be 10 gigabytes while the recommended available disk space is 40 gigabytes. However, for computers with more than 16 gigabytes of Random Access Memory (RAM), they will require more disk space for the installation of a Windows Server 2008 operating system. This is for the purposes of paging, hibernation and dump files. The final hardware requirement for the installation of Windows Server 2008 operating system is the display and the peripherals. These include a super VGA (800 x 600) or higher resolution monitor, a keyboard and a Microsoft mouse (or any other) or compatible pointing devices. Windows Server 2008 operating system also requires a drive, i.e.

What are the Key Success Factors for the industry Essay

What are the Key Success Factors for the industry - Essay Example This research will begin with the statement that wide market that is available. Many people nowadays prefer bottled to other water. Some of the reasons why they frequently choose to take bottled water are because it is safe, that is, free from contamination, it is flavored and readily available. More significantly, most of the people consider bottled water as a product of prestige. Due to the fact that, we are in the generation that value showing than any other thing they opt for bottled water. It is estimated that in the year 1990 more than two billion of gallons of this water was consumed in the United States of America only, exclusive of other countries. By the year 2005, there was an increase of consumption per capita of 25 gallons. This is a proof that this product has a wide and ready market. The bottled water popularity that was ever on the rise was ascribed to the questionable sanitation issues of the drinking water that was provided by the municipality. Also, the lifestyle o f American that is ever working and busy found bottled water to be more convenient due to its portability. Due to health consideration, many people opted to take the bottled drinking water instead of the soft drinks. Soft drinks had a lot of sugar and other additives that were not healthy for the consumption of the people. The method of parking water too pleased many people. The water was parked in containers that could be returned back to the company after the whole amount of purchased water was used. (Dege 421). There was also very stiff competition from rivalry companies, something that made the administration of the company to innovate new production and marketing strategies to ensure that the company is known by many customers. This greatly improved the quality of the products. Due to the quality it attracted many clients who were interested with quality products. Promotions of the company were intensified, and at the same time products were sold at lower prices compared to the rivalry companies. The company was complying with all the legal requirements. Therefore, there was a minimal hindrance from the legal framework. This feature made all the activities of the company to be undertaken openly with no resistance from the enforcers of the laws for instance, the Federal Food, Drug and Cosmetic Act was given much priority. The constructions and the design of the company had followed the legal framework to the latter (Dege 420). Good administration is a factor that led to the success of the company. The management team focused on research to improve the production and marketing processes. It was also proactive in prevention of instances that could jeopardize the progress of the company. 2. How is the industry changing? The industry has been growing tremendously and expanding its market since the year 2000.this is because many people shifted and some are in the process of stopping using Municipal drinking water to bottled drinking water. More especially in the United States of America the market has immensely grown leading to high consumption of bottled water and other products which are produced by the company. The production of the industry is also changing to fit the demands of customers in regard to their health and nutrition, whereby they are producing products which are healthy and boost the body systems. Due to this, the industry is making a lot of profit and it is utilizing the same profit in opening up of new branches in areas of the target. Up to now, the industry is found all over the world. 3. Describe and evaluate the strategies of the "Big 3" companies in the U.S. market. Appropriate Promotion strategies The companies invested adequately in the marketing of their products using attractive methods and knowing the gap that was left especially by the Municipal that was in charge of supplying people with drinking water. The strategies took the attention of many people who later on decided to purchase for the products of the companies. They went beyond the market

Windows server 2008R Assignment Example | Topics and Well Written Essays - 2000 words

Windows server 2008R - Assignment Example The hardware recommendations and specifications for windows server 2008 include, the processor must be a minimum of 1 GHz for processors with the rating of x86 and 1.4GHz for processors with the rating of x64. The recommended clock speed for the processor is 2 GHz which is the most ideal processor for optimum performance of the Windows Server 2008. For Itanium based systems, for Windows Server 2008 to be installed properly, an intel Itanium 2 processor is required. Another hardware requirement for the installation of Windows Server 2008 is a minimum memory of 512 Megabytes Random Access Memory (RAM). However the recommended memory value for installation is 2 Gigabytes RAM or greater. The maximum memory for a 32 bit system for a standard system is 4Gigabytes while for a Datacenter or an enterprise 64 Gigabytes would work perfectly. For a 64 bit system, the maximum memory for a standard system is 32 Gigabytes while for a Datacenter or an Enterprise, 1 terabyte and 2 terabyte for an Itanium based system. (Mathews, 2008) Available disk space is another hardware specification requirement for the installation of a Windows Server 2008 operating system. The minimum available disk space for installation should be 10 gigabytes while the recommended available disk space is 40 gigabytes. However, for computers with more than 16 gigabytes of Random Access Memory (RAM), they will require more disk space for the installation of a Windows Server 2008 operating system. This is for the purposes of paging, hibernation and dump files. The final hardware requirement for the installation of Windows Server 2008 operating system is the display and the peripherals. These include a super VGA (800 x 600) or higher resolution monitor, a keyboard and a Microsoft mouse (or any other) or compatible pointing devices. Windows Server 2008 operating system also requires a drive, i.e.

The Importance of the Arts Essay Example for Free

The Importance of the Arts Essay Math was always my least favorite subject in school. I always had difficulty remembering the formulas and all the different rules. I didn’t do well in all the other core subjects either. With no motivation and no interest, my grades quickly suffered. I was always watching movies and television instead of doing homework. So when I saw that I could take acting class as an elective in high school, it was obviously my first choice. Acting class came a little more naturally than math class did. Memorizing lines to a monologue was much easier for me than formulas to some equation. It made me come out of my shell more and communicate more effectively. I began to look forward to tests, which were usually performances, because I would be adequately prepared from all my practices. After taking acting class, I decided to take more performing art classes. Luckily the high school that I went to was the top public school for performing arts in the state. It allowed me to take chorus and dance along with acting. With so many classes I enjoyed taking and doing well in, my grades improved drastically. Taking all these performing art classes quickly became the salvation I needed and taught me many other important lessons. But towards the end of my high school years, funds were cut from schools again. The performing arts department in my school struggled to keep the program strong with the budget cuts. By the time I graduated, a few classes were cut and the ones that were left couldn’t afford the same things. These cuts affected other schools as well. For most schools across America, art programs were first to be cut. An article written by the Education Fund states that, â€Å"during these difficult economic times, arts programs are the first to be sacrificed. In addition, in many schools where classroom space is limited, art studios are now only contained in a cart that is wheeled by teachers from room to room, severely limiting the arts education students receive. † Although our program had not been cut, I was sad to see some of the classes go at my school among many others who enjoyed the arts. In an article written back in 2011 in the New York Times, Anna M. Phillips states, â€Å"The situation is likely to worsen next year if the city goes through with its plans to layoff 4,100 teachers to save $269 million. Estimates released in February project that 350 of those let go will be arts teachers, which would be a 15 percent drop in art, music and performing arts teachers. † With all the classes being cut, students will be the first to suffer. Why would they cut classes that students enjoyed to come to learn? The Arts have become a vital addition in education to help students become more successful. I was firsthand to witness this. The Arts allow students who don’t grasp the teachings of subjects like math and English to learn in a way that is more easily understandable to them. Not all students are the same nor do they learn the same. In an article from USA Today online, Tamara Henry states, â€Å"Schoolchildren exposed to drama, music and dance may do a better job at mastering reading, writing and math than those who focus solely on academics. † Keeping art programs in school can help students do well in school and lead to successful futures. Though it is said that careers in the arts are limited and that being an artist isn’t a real job, Valerie Strauss disagrees. In article she wrote in the Washington post titled â€Å"Why we love artist but not the arts education† she states, â€Å"Top CEO’s around the world are seeking out new employees who can think creatively, be innovative in business development and marketing strategies and show outstanding leadership qualities that will â€Å"wow† clients. This is what businesses need to compete in the global marketplace. In a 2010 study by IBM, interviews with CEO’s representing 33 industries and 60 countries identified creativity as the most important leadership skill for the future. † Despite counter arguments against the arts, it is proven that it can help. That is why the arts are fundamental in education for improving children’s academic success, communication and social skills, and teaching them discipline. After I began to take performing arts class, my grades improved dramatically. The arts have helped many students across America better achieve higher education standards. Test scores prove this and the organization Arts for LA states that, â€Å" In a national sample of 25,000 students, those students with high levels of arts-learning experiences earned higher grades and scored better on standardized tests than those with little or no involvement in the arts-regardless of socioeconomic status. Learning through the arts also appears to have significant effects on learning in other disciplines, with students consistently involved in theater and music showing higher levels of success in math and reading. After a raise in my GPA from my performing art classes, I soon saw another raise. I noticed that I was beginning to do better in my core classes as well. Memorizing lines of monologues and choreography improved my memorization skills helping me with the different formulas and steps of math. Skills learned in art programs can be used towards learning math and English and help students. Jessica Velasco also states in her blog, â€Å"Studying the lyrics of music can teach students about syllabification, phonics, vocabulary, imagery, history, myths, folktales, geography, and culture. † It’s evident that the Arts can improve student’s grades and test scores. It also can improve students’ attendance records. The Arts for LA also states, students involved in art are three times more likely to win an award for their school attendance. I knew when I went to school that I didn’t want to miss any of my acting classes because I didn’t want to miss out on learning something I enjoyed doing. The arts not only benefit students’ minds, but also their social and communication skills. With all of the performances to the public, it’s no wonder that the Arts can improve these vital skills needed everyday. When I first began performing, I was always nervous about talking in front of people. But the pure joy I found in performing made me more comfortable with public speaking. I remember when I was younger I had a bad habit of speaking really quickly when I got nervous. When I took acting class, my teacher made me very aware of the matter. She was constantly telling me not to rush my lines during practices. Now whenever I’m speaking to anyone, I can hear my acting teacher’s voice in the back of my head yelling at me to slow down! As I became more comfortable being in front of people, I began to more make friends as well. The arts are a great way to bring students together and have them work together in a positive way. Henry also states, â€Å"Multi-arts helps with reading, verbal and math skills; improves the ability to collaborate and higher-order thinking skills. † After taking acting classes, I became much more confident with public speaking. It has also helped me to do well in job interviews as well. The communication skills that can be learned through the arts can help students interact with others. Henry also states, â€Å"Drama helps with understanding social relationships, complex issues and emotions; improves concentrated thought and story comprehension. † In acting classes, the teacher not only teaches you memorizes lines but teaches you to be able to comprehend that which you are reading. You learn to express different emotions and work with other people. Working with a group of people so often, your team working skills improve which is very important to a students’ success. As students learn something they enjoy doing, it becomes less of a chore. This makes it much easier for a student to learn discipline. Despite the lazy artist stereotypes, the arts can help motivate students to do work. When I began to take dance much more seriously, I started going to practices 6 days a week. It taught me that if I worked hard enough at something, I would reap the rewards. Henry had this to say about dance, â€Å"Dance helps with creative thinking, originality, elaboration and flexibility; improves expressive skills, social tolerance, self-confidence and persistence. † Students learn persistence not only in dance but also in other areas of art like music. Velasco states, â€Å"Students who take the time to master a musical instrument learn about hard work, practice, and discipline. While performing in a group – like an orchestra, band, or choir – students learn to work together, appreciate teamwork, strive for a common goal, and develop negotiation skills. † Students who learn discipline through art can then apply that to other fields in their lives.

Types of inflation and the rate of Bangladesh

Types of inflation and the rate of Bangladesh In 1990 the inflation rate was highest rate 10.522 which average 20.47% after that from 1991 to 1993 the rate was going down slowly like (-21.26, -56.26, -17.80) In 1995 the rate was going little high like but that rate was not recover before rates. In 1996 the rate was again straight going down. From the 1997 to 1998 the rate was going up. After 1999 to 2001 the rate was again going down, and than the rate was going up on 2007. And the last 2 years (2008-2009) the inflation rate of Bangladesh was going down. Task 02: A) Inflation: Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also erosion in the purchasing power of money  ¿Ã‚ ½ a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index (normally the Consumer Price Index) over time. B) Explanation: This area of economics has probably given rise to one of the most significant macroeconomic debates in recent history. There are essentially two causes of inflation.  ¿Ã‚ ½ Cause of Demand Pull Inflation  ¿Ã‚ ½ Cause of Cost Push Inflation Cause of Demand Pull Inflation Demand is influenced almost entirely by the amount of money in the economy, namely the money supply. They argue that inflation is caused by the amount of money in the economy and hence the spending power of the population exceeding the capacity of the country to produce goods and services. Increased money supply will lead to increases in spending through transmission mechanisms and this will invariably create a situation where aggregate demand for goods and services exceeds the aggregate supply resulting in demand pull inflation. This is shown by the shift of the short-run aggregate demand curve in the diagram below. Cause of Cost Push Inflation When firms costs increase they will raise their prices in order to maintain the real value of their profits. This will result in the real incomes of the owners of the factors of production e.g. wages, falling. In an attempt to maintain their real income labour will demand higher money wages and this will in turn raise costs. This is often referred to as cost push inflation and may be caused by:  ¿Ã‚ ½ Increases in factor prices e.g. oil price increase.  ¿Ã‚ ½ An increase in wage settlements in excess of any increase in productivity.  ¿Ã‚ ½ A devaluation or depreciation of currency leading to an increase in import prices.  ¿Ã‚ ½ Interest rate increases will increase the cost of borrowing.  ¿Ã‚ ½ Indirect taxation or the removal of subsidies. As in the diagram below. The Keynesian Argument They argue that keeping a tight control over money supply so as to control spending is highly questionable. They argue that increases in money supply will lead to increases in spending and providing there are unemployed resources firms will increase output in response. Finally they argue that basing economic problems, how do you actually go about controlling the amount of money. In a world where there many ways in which people can borrow money, can monetary policy successfully control the amount available for spending? The Monetarist View of Inflation Monetarists put forward two possible explanations of inflation. Firstly they recognise that increases in aggregate demand may lead to demand pull inflation. Increases in spending in excess of the full employment level of output will create shortages (overheating) and firms will raise their prices. This can be shown by a shift of the aggregate demand curve to the right. Task 03: A) Under the bed, Not a safe place for your savings My money at home is a high risk strategy, as most household insurance policies will only cover a limited amount of cash. The total value of Bank of England banknotes in circulation continues to rise, but their use in transactions is falling gradually. Most of all, furthermore, keeping your savings in cash will also mean that you are slowly losing money. Holding physical cash gives no protection against inflation, which official consumer prices index figures put at 1.5%. This means that in order to maintain the purchasing power of your hard earned money it needs to be attracting an interest rate of at least inflation, preferably plus whatever tax you pay. B) This was a predictable Budget which did nothing to simplify the tax regime so businesses are in for another heavy Finance Bill. May be it can increase the rate of interest. Every month it should be multi more rather than main money. C) It was tough to pay the leant money. If you lent money through Prosper back then, when most of its loans were extended, there ¿Ã‚ ½s a very high chance that you ¿Ã‚ ½ve lost money  ¿Ã‚ ½ in some cases, a lot of money.  ¿Ã‚ ½Of investors with a portfolio of loans that are an average of at least two years old, ¿Ã‚ ½ notes Gimein,  ¿Ã‚ ½folks who have lost money outnumber those who ¿Ã‚ ½ve earned 6 percent annual return by more than six to one. ¿Ã‚ ½ One of the big problems that Prosper ran into  ¿Ã‚ ½ the massive credit crunch and the ensuing Great Recession  ¿Ã‚ ½ could reasonably be considered to be a one-off event with a low likelihood of happening again. But another is endemic to the model: Prosper borrowers with a given FICO score are inevitably going to be more likely to default on their debts than most other people with the same credit score. It wasn ¿Ã‚ ½t meant to be that way. Peer-to-peer lending was meant to create a personal connection between borrower and lender, and therefore make borrowers more likely to repay their debts than people faced with large obligations to hated, faceless banks. But it seems that adverse selection effects overwhelmed the site ¿Ã‚ ½s attempts to be warm and fuzzy. Task 04: A) Inflation is a sustained rise in the average prices of goods within an economy; it can also be seen as a change in the purchasing power of money. Inflation can normally be divided into two types ¿Ã‚ ½ cost-push and demand-pull. Cost-push happens when prices are pulled up by rising costs, demand-pull happens when demand outstrips supply and prices will therefore have to rise to accommodate this. Monetarists argue that inflation is caused increases in the money supply, the total amount of money circulating in the economy at one time. This is as the believe that any increase in the money supply which is not in line with the growth in output of the economy will lead to inflation. If the money supply was increased in the short-run then consumer spending. When you introduce money into circulation out of nowhere, it lessens the value of everyones money. It is in everybodys best interest, then, to keep inflation low. In Germany after WW1, they purposefully hyper-inflated their money. People were bringing money into stores in wheelbarrows just to buy daily groceries. They used money to fuel the fire and even used it as toilet paper, because it was virtually worthless. We want to tackle inflation because we dont want that to happen. B) Cost Push Inflation Cost-push inflation occurs when businesses respond to rising production costs, by raising prices in order to maintain their profit margins. There are many reasons why costs might rise: Rising imported raw materials costs perhaps caused by inflation in countries that are heavily dependent on exports of these commodities or alternatively by a fall in the value of the pound in the foreign exchange markets which increases the UK price of imported inputs. Higher indirect taxes imposed by the government  ¿Ã‚ ½ for example a rise in the rate of excise duty on alcohol and cigarettes, an increase in fuel duties or perhaps a rise in the standard rate of Value Added Tax or an extension to the range of products to which VAT is applied. Demand Pull Inflation  ¿Ã‚ ½ A reduction in direct or indirect taxation. If direct taxes are reduced consumers have more real disposable income causing demand to rise. A reduction in indirect taxes will mean that a given amount of income will now buy a greater real volume of goods and services.  ¿Ã‚ ½ Rising consumer confidence and an increase in the rate of growth of house prices  ¿Ã‚ ½ both of which would lead to an increase in total household demand for goods and services  ¿Ã‚ ½ Faster economic growth in other countries  ¿Ã‚ ½ providing a boost to UK exports overseas. In the first diagram the SRAS curve is drawn as non-linear. In the second, the macroeconomic equilibrium following an outward shift of AD takes the economy beyond the equilibrium at potential GDP. This causes an inflationary gap to appear which then triggers higher wage and other factor costs. The effect of this is to cause an inward shift of SRAS taking real national output back towards a macroeconomic equilibrium at Yfc but with the general price level higher than it was before. Task 05: A) Supply-Side Economics: The term  ¿Ã‚ ½supply-side economics ¿Ã‚ ½ is used in two different but related ways. Some use the term to refer to the fact that production (supply) underlies consumption and living standards. In the long run, our income levels reflect our ability to produce goods and services that people value. Higher income levels and living standards cannot be achieved without expansion in output. Virtually all economists accept this proposition and therefore are  ¿Ã‚ ½supply siders. ¿Ã‚ ½  ¿Ã‚ ½Supply-side economics ¿Ã‚ ½ is also used to describe how changes in marginal tax rates influence economic activity. Supply-side economists believe that high marginal tax rates strongly discourage income, output, and the EFFICIENCY of resource use. B) Supply-Side Factors Bangladesh ¿Ã‚ ½s Factors: ? Rising world food prices The economy of Bangladesh is dependent on imports for most of the essential food items. Any increase in international prices is, therefore, expected to be passed on to domestic prices through the import channel. We notice a secular increase in the prices of four major food items (rice, wheat, soybean oil and sugar) in the international market during 2003-2007 (Table 3). Since Bangladesh is an import ¿Ã‚ ½dependent small economy, a positive relationship is expected to exist between world food prices and domestic inflation. As the weight of food items in the consumption is 58.84 percent at the national level, rising world food prices would influence overall inflation in Bangladesh. ? Changes in diesel prices Global oil prices have been rising steadily having macroeconomic impact on our economy. Recently, UNDP (2007) has rated Bangladesh as one of the high oil price vulnerable countries. However, two factors are pertinent to assess the impact of oil price change on inflation. Firstly, the current regime of administered pricing of petroleum products1 has involved significant lags in adjusting to world prices. Secondly, the existing construction of CPI excludes diesel, which constitutes more than 60 percent of total annual import of petroleum products. Consequently, its major impact is indirect through transport fares and irrigation costs. From Figure 5, we observe that generally every hike in diesel price is followed by a rising trend of point-to point inflation in one to three months lag. 1 The pass-through coefficient of diesel is 0.43 meaning that 43 percent of diesel price increase has been passed on to consumers (UNDP, 2007). ? Exchange rate fluctuations Among supply-side factors, exchange rate is found to be significant in explaining inflation in Bangladesh. A depreciation of exchange rate translates into a rise in the cost of imported commodities by making foreign goods more expensive, and thus induces an increase in the domestic price level. There is a close association between exchange rate fluctuations and inflation. Since the adoption of a floating exchange rate regime in May 2003, any depreciation of the exchange rate has been associated with a pickup in inflation by increasing the prices of imported goods. It is evident from Figure 6 that Bangladesh Taka shows a depreciating trend while Indian Rupee displays an appreciating trend during the period from FY98 to FY07. The depreciation of Taka makes imported commodities more expensive having bearing on the domestic price level. United Kingdom ¿Ã‚ ½s Factor: Supply side policies are govt measures to increase productivity in the economy and therefore shift LRAS to the right. Supply side policies usually involve reducing blockages to the free market or overcoming market failure. The key macroeconomic objectives of the govt include low inflation, low unemployment, increasing the sustainable rate of economic growth and minimising the balance of payments disequilibrium. Privatisation and deregulation were an important supply side policy of the 1980s; they involved selling state owned assets to the private sector and increasing competition within markets. Private companies have a profit incentive to cut costs and be more efficient. Greater competition also causes lower prices and more efficient methods of production, as firms compete for customers. This has enabled lower prices and greater productivity in some industries. However, this policy has been relatively unsuccessful in industries such as Rail and water because they are a natural monopoly and it is difficult to introduce competition into these industries Another example of supply side policies is education and training, if these policies are adopted then it enables higher labour productivity and improved economic performance. However, this policy may be subject to govt failure; for example, the govt may have poor information and set up inappropriate schemes which do not benefit workers Task 06: Economics The risk of inflation Contents:  ¿Ã‚ ½ Inflation rate of Bangladesh  ¿Ã‚ ½ Definition of inflation  ¿Ã‚ ½ Impacts of inflation  ¿Ã‚ ½ Controlling inflation  ¿Ã‚ ½ Supply side economics  ¿Ã‚ ½ Source of reference Inflation rate of Bangladesh since 1990 to 2009: In 1990 the inflation rate was highest rate 10.522 which average 20.47% after that from 1991 to 1993 the rate was going down slowly like (-21.26, -56.26, -17.80) In 1995 the rate was going little high like but that rate was not recover before rates. In 1996 the rate was again straight going down. From the 1997 to 1998 the rate was going up. After 1999 to 2001 the rate was again going down, and than the rate was going up on 2007. And the last 2 years (2008-2009) the inflation rate of Bangladesh was going down. Definition of inflation: Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also erosion in the purchasing power of money  ¿Ã‚ ½ a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index (normally the Consumer Price Index) over time. Impacts of inflation: Keeping your savings in cash will also mean that you are slowly losing money. Holding physical cash gives no protection against inflation, which official consumer prices index figures put at 1.5%. This means that in order to maintain the purchasing power of your hard earned money it needs to be attracting an interest rate of at least inflation, preferably plus whatever tax you pay. If you lent money through Prosper back then, when most of its loans were extended, there ¿Ã‚ ½s a very high chance that you ¿Ã‚ ½ve lost money  ¿Ã‚ ½ in some cases, a lot of money.  ¿Ã‚ ½Of investors with a portfolio of loans that are an average of at least two years old, ¿Ã‚ ½ notes Gimein,  ¿Ã‚ ½folks who have lost money outnumber those who ¿Ã‚ ½ve earned 6 percent annual return by more than six to one. ¿Ã‚ ½ One of the big problems that Prosper ran into  ¿Ã‚ ½ the massive credit crunch and the ensuing Great Recession  ¿Ã‚ ½ could reasonably be considered to be a one-off event with a low likelihood of happening again. But another is endemic to the model: Prosper borrowers with a given FICO score are inevitably going to be more likely to default on their debts than most other people with the same credit score. It wasn ¿Ã‚ ½t meant to be that way. Peer-to-peer lending was meant to create a personal connection between borrower and lender, and therefore make borrowers more likely to repay their debts than people faced with large obligations to hated, faceless banks. But it seems that adverse selection effects overwhelmed the site ¿Ã‚ ½s attempts to be warm and fuzzy. Controlling inflation: A) Inflation is a sustained rise in the average prices of goods within an economy; it can also be seen as a change in the purchasing power of money. Inflation can normally be divided into two types ¿Ã‚ ½ cost-push and demand-pull. Cost-push happens when prices are pulled up by rising costs, demand-pull happens when demand outstrips supply and prices will therefore have to rise to accommodate this. Monetarists argue that inflation is caused increases in the money supply, the total amount of money circulating in the economy at one time. This is as the believe that any increase in the money supply which is not in line with the growth in output of the economy will lead to inflation. If the money supply was increased in the short-run then consumer spending. When you introduce money into circulation out of nowhere, it lessens the value of everyones money. It is in everybodys best interest, then, to keep inflation low. Supply side economics: The term  ¿Ã‚ ½supply-side economics ¿Ã‚ ½ is used in two different but related ways. Some use the term to refer to the fact that production (supply) underlies consumption and living standards. In the long run, our income levels reflect our ability to produce goods and services that people value. Higher income levels and living standards cannot be achieved without expansion in output. Virtually all economists accept this proposition and therefore are  ¿Ã‚ ½supply siders. ¿Ã‚ ½  ¿Ã‚ ½Supply-side economics ¿Ã‚ ½ is also used to describe how changes in marginal tax rates influence economic activity. Supply-side economists believe that high marginal tax rates strongly discourage income, output, and the EFFICIENCY of resource use. Source of Reference: Task 01: ? http://www.indexmundi.com/bangladesh/inflation_rate_(consumer_prices).html Task 02: ? http://en.wikipedia.org/wiki/Inflation ? http://www.bized.co.uk/virtual/dc/copper/theory/th17.htm Task 03: ? http://www.thisismoney.co.uk/savings-and-banking/ask-an-expert/article.html?in_article_id=495492in_page_id=111 ? By Self ? http://blogs.reuters.com/felix-salmon/2010/01/19/the-problem-with-peer-to-peer-lending/ Task 04: ? http://blog.economics4development.com/how-to-tackle-inflation ? http://uk.answers.yahoo.com/question/index?qid=20100611143716AAzABWG ? http://www.blurtit.com/q929238.html ? http://tutor2u.net/economics/gcse/revision_notes/big_picture_inflation_remedies.htm ? http://tutor2u.net/economics/revision-notes/a2-macro-causes-of-inflation.html Task 05: ? http://www.econlib.org/library/Enc/SupplySideEconomics.html ? http://bdeconassoc.org/userfiles/pdf/27%20Sources%20of%20Inflation%20in%20Bangladesh-%20Nasiruddin%20Ahmed.pdf ? http://www.economicshelp.org/macroeconomics/as-essays/supply-side-policies-improving-econ.html