Macro Forces And The Foreclosure Crisis - 1008 Words

Macro forces affect families in many different ways. Macro forces can affect families’ housing, incomes, businesses, and jobs. Most important, macro forces affect families’ relationships. For example, marriages are destroyed, children are devastated, and friends/families are torn. Because of these macro forces, many families suffered a great deal of losses. In this paper, I will describe some of the few macro forces that families face by discussing the foreclosure in housing, economic crisis, downward social mobility, and the consequences of the Great Recession in the book Diversity in Families and in the article â€Å"Economic Woes =Family Stress†. Macro forces have played a major role in families buying homes. In the article â€Å"Economic Woes =Family Stress,† between 1996 and 2006, the value of Americans’ home doubled. For most families, this was a catastrophe. Some families were afraid that they could not buy a home while others decided they co uld purchase a home. To purchase a home, it was 2  ½ times a person’s annual salary or less (Adrian Coontz, 2008). Home buyers could put down between 10 to 20 percent of cash. For example, a family could buy a home for $450,000 and put down $45,000 to $80,000 if their income was $200,000 and they had good credit. However, if your income was lower and your credit was bad, you may not have received the same deal. As prices continue to rises, many lenders had to come up with ways for a purchaser to buy a home. In 2004, many first time homeShow MoreRelatedbusiness q@a Essay example725 Words   |  3 PagesFramework for Business Review Questions 1. How did the global economic crisis unfold? In 2008 the banking system was on the verge of collapsing. Home foreclosures soared, due to home and personal loans not being paid off. Property and the housing marketing plummeted. Layoffs put more than a million Americans out of work 2. What steps did the Federal government and the Federal Reserve take to mitigate the crisis? The Federal Reserve stepped in and bailout out AIG Congress passed theRead MoreEconomic Theory1225 Words   |  5 Pages1 and 2 related to Economic Theory (first,â€Å"How Did Economists Get It So Wrong† and second, â€Å"History of Economics Playground†), reconstruct what happened from 2006 through 2012 as it relates to microeconomic theory. Was there too much focus on the macro climate and not enough on the micro climate? Do you concur more with Krugman or Giraud? What is the basis for your opinion? Be sure to isolate other peer reviewed articles using the library that back your viewpoint and use it as a basis for analysisRead MoreIdentification of Key Performance Gaps554 Words   |  2 Pagesto be implemented organization-wide in the wake of the 2008 crisis. It is a form of rationing that does not rely on asymmetric information or an exogenous constraint on the supply of loanable funds (Ferguson Peters 1997). Credit rationing is analyzed in terms of a portfolio effect (such as diversification or a regulatory c ost) that is not directly related to the creditworthiness of individual applicants (Ferguson Peters 1997). Macro economic conditions are given greater significance, and theRead MoreScholar1972 Words   |  8 PagesG10h0103 Macro-Economics: Assignment TOPIC: There are important differences between the financial crisis that started in the United States in 2008 and the current economic crisis in Europe. Discuss these differences. What are the implications of both crises for South Africa and what policies are available locally to offset their impact? Use economic growth theory to illustrate your answer. ABSTRACT: The recent financial crisis that was felt around the globe and most significantly in theRead MoreMacroeconomics Project6761 Words   |  28 Pagessubprime mortgage industry. If subprime mortgages had not been the culprit, however, some other financial product would have stepped in to take their place. It doesn’t seem that the large financial institutions that have suffered as a result of this crisis were ignorant to the risk involved in some of their investments. The former CEO of Citigroup indicated that unless they played along with the trends, they would lose market share. So, they decided to gamble by adding to their risky positions withRead MoreSoci Test11907 Words   |  8 Pagesthe following sociological perspectives would support the following statement? During periods of economic crisis, the state expands welfare rolls to pacify the poor and reduce the likelihood of serious uprising. However, during economic growth and stability, the state attempts to reduce the amount of people on welfare, forcing the poor or dislocated worker back into the expanding labor force. Select one: a. Feminist b. Interactionist c. Functional d. Conflict Question  9 As mentioned in thisRead MoreSpain Sub Prime Crisis7850 Words   |  32 PagesAuthor: | Supervisor: | | | Department of †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ January 2014 Abstract How did the Subprime Crisis, a small problem of U.S. ï ¬ nancial markets, aï ¬â‚¬ect the entire global banking system? The aim of this paper is to analyze the effect of the subprime crisis on the banking sector in Europe, with a close attention on the case of Spain. Spain is currently facing the worst crisis ever experienced in its financial history, so it would be interesting to analyze what is the real situation ofRead MoreAid for Donor Interests Essay2684 Words   |  11 Pagescurrency devaluation, social spending cuts, lower corporate taxes, export driven strategies, and removal of foreign investment restrictions . More, these loans are only granted when the countries agree to the adoption to a comprehensive programme of macro-economic stabilization and structural economic reform. The reason for keeping aid alive by the United States during and after the early history of todays debt problem, which started with the oil shock of 1973 - 1974, was on one hand to helpRead MoreThe Irish Financial Crisis Was Both Predictable and Preventable. to What Extent Do You Agree with This Statement?9406 Words   |  38 Pages2010). This property slowdown was bad news for the Irish banking system which had lent heavily to builders and developers to ï ¬ nance projects and to make speculative land purchases. Share prices of Irish banks fell steadily from March 2007, with the crisis coming to a head in late September 2008 with a run in wholesale markets on the joint-second largest Irish bank, Anglo Irish. After aggressive denials that the banking system faced any diï ¬Æ'culties, the Irish 3 Germany Spain UK government

Group1 1 Essay Example For Students

Group1 1 Essay OUR FOOD SYSTEMAfter a long hard day of work you sit down in your comfortable recliner and open up your favorite snack. But when you reach into grab a piece, you pull out a dead bug. Suddenly many thoughts come into your mind, you wonder how did the bug get there and was it dead or alive. Is it harmful or carry a disease. You ask yourself did the bug come from the United States or another country and where was your snack made? As all these questions come into your head, you wonder who can give you the answers. Fortunately, the government thought about these conflicts and established several governmental agencies to protect Americans in food safety. These agencies are responsible for inspecting, labeling, marketing, and developing modern safety systems to test foods for diseases and bacteria. They also work with the local and state governmental agencies, farmers, and companies to ensure cleaner air, safer food, and pure water to protect the health and safety of Americans. The following agencies; Center for Disease Control (CDC), United States Department of Agriculture (USDA), Environmental Protection Agency (EPA), and the Food and Drug Administration (FDA) are the most significant federal agencies to help consumers make better choices in the products they buy. All of them have a particular role in food safety, and by working together they make the foods we buy safer for consumption. The United States Department of Agriculture (USDA) is a government agency that was formed in 1862 by President Abraham Lincoln. The purpose of forming the agency was to promote the rise of commercial farming. Many other Acts dealing with agriculture were drawn up over the years and eventually in 1939 the New Department of Agriculture was formed. President Franklin D. Roosevelt pushed the reform of the department through because of the Great Depression was having such a great effect on the farming industry. The new Department was formed from all of the Acts and old organizations within the Department and from the exit of a few agencies out of the Department. The United States Department of Agriculture in which we look at today has grown and evolved into a much more direct and consumer friendly government agency. The duties of the USDA is to research, regulate, and educate. The U.S. is always researching new farming techniques and different farming products that are involved in the whole process. They also regulate all farming products, to make sure that they are safe for the consumption by you and I.There are thousands of inspectors across the U.S. regulating the farms and factories in which the food is sold to. Another duty of the USDA is to educate and inform the public of food safety. Because of the scares of improperly prepared food, the USDA must inform the public of different diseases that can be found in foods, especially meat and poultry supplies. They ensure that the food is safe, wholesome, unadulterated, and properly labeled and packaged. The way in which they do so is hire thousands of inspectors and veterinarians conduct sla ughterhouse inspections of all carcasses for diseases and other abnormalities. They also conduct processing inspections at plants to ensure proper sanitation and cleanliness. The USDA must also look at the imported food products because of the import-export inspection system. The U.S. has one of, if not the safest food production in the world, so we must regulate everything that comes into the country. Just recently, there was a great example of how great our government is, even with the many shortcomings. President Clinton promised great changes in the inspection Group 1 2process of the nations meat and poultry. On October 7, 1997 President Clinton and Congress passed a bill calling for the increase in meat and poultry inspections and production. This was caused by the big scare this past summer, the outbreak of E coli bacteria in millions of hamburger meat, in a couple of fast-food chains. The inspection process will increase gradually over the next few years. Even though the inspection process has greatly improved, this still does not make it 100% guaranteed that there will not be small cases of outbreaks. The USDA urges you to make sure you properly cook your food, so that the chances decline. The USDA has a great importance in consumer services. The U.S. government wants to look out for everyone across the U.S., the USDA started a Food and Consumer Services (FCS) program. Their purpose is to assist people across the country to ensure that no one will experience or fear hunger. They provide a safety net for people in need. Some of the programs are as followed: Food Stamp Program, Food Distributions for Indians, Supplement Food Programs for women, infants, and children, and School Breakfast Programs. The USDA serves many different purposes, most importantly regulation and education of food safety. The Center for Disease Control and Prevention (CDC) is a branch of the Department of Health and Human Services that deal with food borne diseases. Today food-borne illnesses are getting a lot of press. Every second of every day someone is struck with food poisoning and 33 million suffer each year. There are also approximately 9,000 reported deaths a year. This is because of the unsafe food handling that seems to be becoming an epidemic. There are many different types of bacteria, viruses, and parasites that are either originally found in the food or they are transferred from an outside source, such as who the food was prepared by, that causes the illness (Wardlaw). When a person comes down with an illness that may have been linked to the food they have previously eaten, the CDC deals with the difficult detection of the microbe that may be involved. Looking at the source of the food, time when the symptoms arrived, and how long the illness lasted usually helps to identify the microbe involved. The following information shows some of the characteristics of the major organisms that cause food-borne illnesses. The most commonly found organism to cause food poisoning is salmonella. Salmonella can be spread through three common routes: (1) contaminated eggs and egg products as well as raw meats and chicken, (2) infected food handlers with feces-contaminated hands, and (3) marijuana contaminated with salmonella. The onset of symptoms develop from 5 to 72 hours after ingestion. Salmonella can cause nausea, fever, headache, abdominal cramps, diarrhea, and vomiting. It rarely kills, but the elderly and young are those most at risk. Salmonella is usually treated symptomatically and can be prevented through safe food handling, through cooking of foods, proper refrigeration, and avoiding cross contamination (Marieb). The next most prevalent food-borne illness causing bacteria is staphylococcus. Staph. Can usually be found in nasal passages as well as in skin sores. It can be spread when someone sneezes or coughs over food or handles food while they have open sores on the skin. The toxin that is produced by the organism can develop when the food is left out for a long time at room temperature. The onset of the Staph. Illness occurs 2-6 hours after eating. Symptoms include diarrhea, vomiting, nausea, and abdominal cramps that Group1 3last 24-36 hours and also is rarely fatal. Safe food handling, proper food refrigeration and keeping cuts on the skin covered are all good ways of preventing Staph. Infections (Marieb). Illiad EssayImmediately after collecting his data, Wiley let his information be known to the U.S. public, but he was unable to gain widespread support until 1906. Backed by a huge following of irate citizens, the Food and Drugs Act of 1906 was passed. The first act was rather simple-it stated that government has right to control local food and drug traffic that the federal government could not previously control. For 32 years the FDA quietly protected the U.S. consumers, and maintained purity in Americas products. However, they thought that they need more authority than they had. In1938 the Federal, Food, Drug, and Cosmetic Act was passed. Under this act, the FDA no longer had to prove knowledge of intent in adulteration cases. Many argued that this gave the FDA complete tyranny. The main duties created by this act are to see that the food we eat is safe and wholesome, the cosmetics we use do not hurt us, medicines are safe and effective. The FDA also protects the countrys blood supply by routinely examining blood banks (1). Also, it ensures that products are labeled truthfully, and with useful information. Along with people, the FDA also regulates food and drugs for pets and farm animals. The FDA consists of 1100 investigators who cover the nations 95,000 FDA-regulated businesses. These inspectors visit about 15,000 facilities per year. Also, they inspect about 80,000 domestic and imported samples for examination by FDA scientists (1). If a company has violated any of the FDAs laws, this company maybe encouraged to correct the problem or recall it from the market. If the company does not cooperate and correct the problem, the FDA can bring them to court and force them to stop selling the product and to have already produced items destroyed. About 3000 items per year are found to be unfit for consumers (1). The FDA is not responsible for doing research when approving new drugs; however, it does study the results done by the manufacturer. Once the drugs have been approved for marketing, the FDA must still collect tens of thousands of reports on that drug each year to monitor for any adverse reactions (1). The Food and Drug Administration is a very controversial department in the U.S. It has been jeered for having too much power and even tyranny. However, if it was not created, we would not know what was in our food and drugs. Overall, the FDA plays a very important and helpful role in our society today, by making our products safe for consumption. Although these agencies serve different departments, their number one purpose is to provide food safety to all Americans and therefore, they must work together at Group 1 6different points in times to meet this very significant goal. One instance in which the FDA, CDC, EPA, and USDA have joined together is the issue of the safety of fruit. Since fruit is usually grown outside on farms it serves the chances of people catching a disease from eating it. For the past several years many illnesses have occurred because of produce. These illnesses include Hepatitis A virus believed to have come from strawberries in Mexico, salmonella in bean sprouts from the Midwest, and Escherichia Coli associated with hamburgers not fully cooked. A few months ago the EPA warned people of Cyclospora, an infection caused from fruits and vegetables. The FDA and the CDC worked together with growers to improve sanitation practices on the farms in Guatemala, while the EPA held a meeting to find more information on cyclospora. The CDC also found the number of Americans becoming ill and gave a report on how to decrease the contamination of fruits (Washington Post, 7/8/97). Another instance in which the EPA, USDA, and the FDA worked together was with the discovery of toxic dioxin found in Tyson Chickens. The chicken was sampled and tested by the USDA and the EPA for dioxin levels, chicken litter, soil, feed, and pesticide use at the Hill Top Farms in Star City (Arkansas Business, 6/16/97). Since the FDA is responsible for the safety of the nations food supply and overlooks all aspects, it often works with the other three federal agencies individually to ensure safety to American consumers. The FDA often communicates with the CDC since foods tend to become contaminated with diseases and make Americans ill. The FDA also works with the CDC in such cases of how to fight germs in soaps, deodorants, toothpaste, and toys using germicidal product, in which both germs and the products can be harmful to the consumer (Orange County Register, 7/16/97). The FDA and the USDA both have the power to inspect, impose grades and standards, and establish rules regarding labeling. In years before the food manufacturers did not want to put nutrition labels on foods because they felt it would take a lot of work, time, and difficulty, but the real reason was it would make consumers aware of substitutes and contents in the foods. The response after labeling was low fat and low sodium foods. Therefore because of the Nutrition and Labeling Act of 1990, which standardized food labels with ingredients, descriptions, and nutrient contents the USDA and the FDA research has shown that Americans are more aware of food contents and ingredients to better their health. The FDA also enforces laws over the EPA in determining the safety of pesticide products and setting tolerance levels for pesticide residues in foods. The FDA also sets guidelines regulating bottled water sold in interstate commerce for human use. The President signed a Food Quality Protection Act of 1996 in August of 1996, which regulated pesticides by the FDA and the EPA to put important public health protection in place, especially for children. The EPA works with the USDA, due to the crops that need to be protected by sprays to prevent them from dying and causing disease. In 1994, the EPA has suggested banning aerial spraying of certain types of herbicides because they were believed to damage crops at a Shoreliani organic vegetable farm and can be hazardous to humans. The USDA recommended the suspended aerial applications of the herbicides until they Group 1 7determined what had happened at Shoreliani. Currently the farm has been closed down so that the EPA may test to see what exactly may be dangerous to the plants (Times-Argus 7/20/97). The CDC will sometimes function with the EPA to study environmental health problems since most diseases can come from the environment, water, and pesticides. The CDC helps to direct and enforce national programs for the prevention and control of diseases transmitted by a host organism.

Hunters in the Snow free essay sample

â€Å"Hunters in the Snow† 1. Discuss the way Tub is presented in the opening scene. Does your assessment of his character change in the later scenes? The character of Tub was presented in the opening scene as someone who would not stand up for himself and was willing to be ridiculed and made fun of to be part of a group. He allowed his friends to take advantage of him by making him wait over an hour in the cold and snow, accepting this behavior without even an apology. Tub was a character with low self esteem and was embarrassed of his weight, which allows him to make excuses and lie to everyone. The assessment of Tub did not change at the end of the story. He was still the same character as in the beginning. He moved up in his position as friend to Frank which made him feel better, but at the expense of Kenny’s health. We will write a custom essay sample on Hunters in the Snow or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Tub still had low self esteem, but he ended up acting as selfish as Frank. Chapter 2 – â€Å"How I Met My Husband† 4. Is Edie a sympathetic character? How does her status as â€Å"the hired girl† affect the way you respond to her as a reader? Edie was a sympathetic character. Her self-described title â€Å"the hired girl† affects the reader’s response as it portrays her with low self esteem. She comes across as not fitting in because she was not in the same social standing as Dr. and Mrs. Peebles. The reader becomes sympathetic with Edie compared to the other characters due to her being a simple girl, humble and naive. Edie’s status as the â€Å"hired girl† makes the reader respond more affectionately towards her. She comes across as very relatable, someone who was not as confident or poised as Mrs. Peebles, but as the reader continues through the story, they realize how strong and capable Edie had become. Chapter 2 – â€Å"Eveline† 3. At just about the middle of the story (end of paragraph 9), Eveline sums up her life in Dublin. â€Å"It was hard work-a hard life-but now that she was about to leave it she did not find it a wholly undesirable life. † What about it makes it attractive to her? The way Eveline sums up her life in Dublin. â€Å"It was hard work-a hard life-but now that she was about to leave it she did not find it a wholly undesirable life. † Eveline was having a fear of the unknown. Even though she could not describe herself as happy in her life, at least it was familiar, and many parts are comforting to her. Even as hard as her life was, she was torn about leaving her family, her abusive father, and the comfort of the home she’s always known. She remembers how life used to be before her mother’s passing. Though she believed she would have a good life with Frank and would be respected as his wife. Chapter 3 – â€Å"Everyday Use† 6. Is Dee wholly unsympathetic? Is the mother’s victory over her altogether positive? What emotional ambivalence is there in the final scene between Maggie and her mother in the yard? The character of Dee was not totally unsympathetic. She was written with an attitude of being better than her mother and sister; she also came across as a character that just wanted a better life than the one she had growing up. Her mother should want her daughters to strive for a better life than the one she had. The mother’s victory over Dee cannot be viewed as totally positive. There are some positive aspects such as the mother finally standing up for her other daughter, but it can’t be viewed as totally positive when a mother hurts her daughter’s feelings. Chapter 3 – â€Å"The Story of an Hour† . Describe the plot structure of this brief story. How does the surprise ending relate to the story’s theme? The newspaper office reported that Mr. Mallard died in a train accident and it was reported to Mrs. Mallard sister Josephine. She broke the news of the tragedy to her sister as gently as possible, since Mrs. Mallard had a heart condition. M rs. Mallard filled with despair headed to her room to grieve the death of her husband. As she sat gazing out the window she had a sense of freedom and she realized she was a free woman, able to do whatever she wanted to do. Focusing on her future freedoms she was interrupted at the door by her husband. There had been a mix up and Mr. Mallard was nowhere near the train accident. Mrs. Mallard’s heart condition could not take the weight of change and she passed away. Chapter 4 – â€Å"The Darling† 1. Identify the theme of â€Å"The Darling. † How do Olenka’s several relationships with male characters help to elucidate the theme? The theme of â€Å"The Darling† tells of a woman named Olenka that changes her interest every time she falls madly in love with a new man. This gives the reader the perception that she cannot form an opinion on her own. The behavior leaves Olenka distraught every time a man leaves her life. Olenka’s relationship between her first and second husband helps elucidate the theme. Olenka’s first husband Ivan Petrovich loved the theater which meant Olenka loved the theater. When Olenka married her second husband Vassitchka he did not enjoy the theater. His opinion became Olenka’s opinion. She then had the belief that she did not have time for the nonsense of theater. Chapter 4 – â€Å"A Worn Path† . Write a precise, well-developed sentence that states as fully as possible the theme of the story. Remember to avoid cliches or oversimplification. Phoenix Jacksons faint mind and physical structure was no obstruction to the insurmountable love she felt toward her grandson. Phoenix demonstrated this on numerous occasions throughout the story. Her absolute purpose was respectful. Her bravery to push on without concern of what the path brought was inspirational. She was an altruistic elderly female whose emotional state could not be altered. Phoenix comes across numerous challenges both tangible and mental in nature. Although her mind wilted and her physical structure was mounted old with years, Phoenix was as self-willed as any able-bodied body person. Chapter 5 – â€Å"Paul’s Case† 10. In what two cities is the story set? Does this choice of settings have any symbolic value? Could the story have been set as validly in Cleveland and Detroit? In San Francisco and Los Angeles? In New Orleans and Birmingham? The story is set in Pittsburgh and New York City. The cities Pittsburgh and New York City gave the story symbolic value. Pittsburgh in the early twentieth century was a smoky city full of steel plants filled with rough and tough blue collar workers. The setting was not one that Paul dreamed of since it was not a city full of tropical or exotic places with many shiny surfaces. New York City was a big bright place that had everything Paul dreamed about music, arts, and luxurious hotels. New York City was a place where Paul received a sense of belonging. Chapter 5 – â€Å"Hills Like White Elephants† 1. The main topic of discussion between the man and the girl is never named. What is the â€Å"awfully simple operation†? Why it is not named? What different attitudes are taken toward it by the man and the girl? Why? The main topic of discussion between the man and girl was never named because the â€Å"awfully simple operation† could be interpreted as an abortion. It was not named because the operations was and still is a highly controversial topic. The Americans attitude was that he would love Jig with whatever decision she made, but he insinuated which decision he preferred by introducing the operation as a simple procedure that was in her best interests. Jig’s attitude toward the procedure was that it would bring the American and herself back to a time when nothing was troubling her and afflicting their relationship. Chapter 6 – â€Å"The Rocking Horse Winner† 9. What is the theme of the story? The theme of the story â€Å"The Rocking-Horse Winner,† tells of an immature boy, Paul, who perceives that there was never enough money in his family, he figures out a way to acquire money through chance. He finds that whenever he rides his rocking-horse fast enough, he somehow arrived at the name of the winning horse in a future race. Paul began to make money and secretly channels the money to his mother, but the desire for additional money developed. Paul eventually rode his rocking-horse so furiously in order to attain the victor of the Derby that he became ill and died, just after the victorious horse earns his family a tremendous fortune. Chapter 6 – â€Å"Young Goodman Brown† 1. What does Hawthorne gain by including the names of the actual persons (Goody Cloyse, Goody Cory, Deacon Gookin, Martha Carrier) and places (Salem village, Boston, Old South Church)? What religion is practiced by the townspeople? Hawthornes story gained creditability by including the names of the actual persons by giving examples of the sinfulness and hypocrisy that was hidden in the souls of those who seem most just. The characters are identified from amongst the gang of townspeople at the gathering because they present a measure of godliness that has destroyed for Brown by the experience. Salem village, Boston, and Old South Church was used to remind the readers of the setting of the Salem Witch Trials. The religion practiced by the townspeople was Christianity and they were known as Puritan’s which is considered a very conservative Protestant. Chapter 7 – â€Å"The Drunkard† 6. What is the principal irony in the story? The principal irony of the story â€Å"The Drunkard† was in the end the character that was drunk was the young son Larry not his alcoholic father. Throughout the story the reader was lead to understand that the father was a good man, husband, and father, except when he was drinking. He would be able to go weeks, months, and even years, without touching alcohol. It was written that after awhile the father would think of himself as a little bit better than his neighbors and at that point it seemed he would be looking for an excuse to celebrate and have a drink. What a perfect opportunity to have a drink at his friend’s funeral. The mother sent Larry along with his father to keep him from drinking. She did not expect Larry to be the one drinking, though in the end she looked at it as a gift from God that her son drank the alcohol and not her husband. Chapter 7 – â€Å"The Guest† 7. In what respect is the ending of the story ironic? What kind of irony is this? What does it contribute to the meaning of the story? The story has an ironic ending in the respect that Daru found that he was left in a no win situation and he arrived at that realization at the end of the story. The reader comes to the conclusion that the story was an irony of situation story; because there was an incongruity between expectations and fulfillment. Daru believed the Arab undoubtedly would choose the road leading him to freedom. The consequence left Daru with no fulfillment since the Arab will not have freedom, and he was held accountable for the Arab being turned over to the administration and police. Chapter 8 – â€Å"Roman Fever† 3. Trace the revelation of the animosity that Mrs. Slade feels for Mrs. Ansley. Is Mrs. Ansley doing anything on this evening to provoke her envy? Why has Mrs. Slade always harbored negative feelings about her friend? Mrs. Ansley provoked Mrs. Slade’s envy when they were sitting on the terrace looking out over the city. Mrs. Slade stated, After all, its still the most beautiful view in the world, followed by a comment from Mrs. Ansley stating, â€Å"It always will be to me†, this evoked memories of the past when Mrs. Ansley was in love with Mrs. Slade’s fiance Delphin. Mrs. Slade always harbored negative feelings about her friend, because she always believed her friend carried a special place in her heart for her husband Delphin. Chapter 8 – â€Å"A Civil Peace† 4. Jonathan lost his youngest son during a civil war, yet he considers himself â€Å"extraordinarily lucky. † Is this attitude callous or admirable? Jonathan lost his youngest son during a civil war, and he considered himself â€Å"extraordinarily lucky. † Feeling lucky was an admirable attitude, because Jonathan looked around at the blessings he was able to maintain, and not focus on the loss of his child during the civil war. He presented himself as a person that does not spend time focusing on the past, but looks ahead to the future. Jonathan had a clear understanding of his responsibilities to his family which was admirable.

The Rules of Engagement in English

The Rules of Engagement in English The Rules of Engagement in English The Rules of Engagement in English By Mark Nichol In the same day, this site received, among readers’ responses to my recent post Courtesy Titles and Honorifics, two diverse email messages: One was a reasonable, well-written support of the writer’s opinion that, as she was taught, because the courtesy title Ms. is an artificial designation that doesn’t abbreviate anything, it should not include a period. The other correspondent wrote, â€Å"hey watch out your website looks like a rule book, and we all know rule books are fascist.† Whether one’s convictions are adept or absurd, however, one must accept the incontrovertible fact that although one is free to write in any style or manner one chooses, this choice has consequences. Linguistic anarchy is inimical to language, by virtue of the fact that language, as a form of communication, is essential to family, to society, to civilization. Just as abiding by rules of personal and community conduct (the latter extending in scope from the smallest village to the United Nations) helps protect the fragile coexistence of humans, adhering to guidelines for language use enable at least sizeable blocs of humanity to agree on common signals for cooperation (or conflict). Language evolves, constantly and relentlessly, but precepts and attitudes about it prevail for a time before they slowly respond to changes in usage. Therefore, for example, though one of the correspondents I referred to above is correct that the period following Ms. is not logically justified and that for that reason, early in the term’s life span, many writers omitted the punctuation it is now standard, for the sake of consistency, to treat Ms. the same as Mr. and Mrs. One’s gender and gender politics are irrelevant: Those are the facts, ma’am er, ms. Do you write simply for pleasure, or to share your thoughts and ideas with a small coterie of readers? Do you self-publish, whether in print or online? Knock yourself out you are hereby granted a dispensation to write in any fashion that pleases you and anyone who chooses to read your work. You are akin to a homesteader or a survivalist, staking out your own terrain on your own terms and accepting the terms that go with those terms. But if your intent is to identify yourself as a professional writer or if your employment status is predicated on the fact that your writing is intelligible to your colleagues and perhaps even consistent with distributed guidelines certain standards apply, and your ability to adhere to those standards is inextricably linked to your professional success or survival. If that’s fascist, then I proudly represent the New World Order. I don’t mean to get all serious on you. I respect the point about the unpunctuated Ms., and for all I know, the comment about the â€Å"rule book† may be a goof. But both comments inspire this tip: When it comes to composition, let your unfettered freak flag fly. But if you submit the flag to be unfurled atop a highly visible flagpole, expect it to be redesigned to suit that flagpole or to be refolded and respectfully returned for you to do with what you wish. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the General category, check our popular posts, or choose a related post below:Regarding Re:How to Play HQ Words: Cheats, Tips and TricksTypes of Plots

Theories of Crime Causation Unit 1IP Research Paper

Theories of Crime Causation Unit 1IP - Research Paper Example Criminologists study feminist criminology an area that considers the subject on women and crime. There is penology where criminologists focus on the study of the prison system at large. Criminalists are physical scientists they are known as crime scene investigators, or crime lab technicians. According to Roberts, the task of criminalists involves recognizing, collecting, analysing, interpreting, preserving physical evidence from crime scenes (Roberts, 2013). Criminalists usually testify in courts regarding their scientific findings. Roberts explains that many times the work of a criminalist revolves around the laboratory. Roberts clarifies that criminalists do not fight crime as shown in criminal movies. A Criminalists’ field of study is rather wide there are areas, which focus on firearms, and tool marks. This section deals with weapons, bullets, found in crime scenes. A study on DNA and serology involves examination of biological materials in crimes scenes that contain DNA. Criminalists study trace evidence, which include hair, soil, fibres, and other objects from crime scenes, which can provide information related to the crime. A study on drugs alcohol and toxicology empowers criminalists with the knowledge on how to utilise analytical chemistry in identifying pills liquids, body fluids among other substances in a crime scene (Roberts, 2013). Forensic psychologists utilise human understanding to perform various tasks in the legal and civil systems. Atlaf explains that forensic psychologist assists in criminal investigation by performing criminal profiling tasks. Forensic psychologists can observe a crime scene and deduce the characteristics of the person who created the crime scene. Atlaf mentions that forensic psychologists can work in police stations where they provide counselling to police officers. Forensic psychologists also provide crisis counselling for crime victims. In judicial systems, forensic psychologists perform a number of tasks. For i nstance forensic can determine whether a defendant is able to stand trial, they can also determine the mental state of a defendant when he was committing a crime. Atlaf explains that in American systems Forensic psychologists serve in family law where they perform the role of mediators between divorcing parents who have disputes the needs and interests of their children. Forensic psychologists examine criminals and determine if they are dangerous. They provide information that is vital in the sentencing process. Sutherland (1949), states that white-collar crimes are illegal acts committed by persons of a high social status. According to Barnett (2010), white-collar crimes are illegal acts that are non-violent in nature. The United States department of justice argues that people engage in white-collar crimes for financial gain, to avoid payment, to secure personal or business advantage. White-collar criminals utilise sophisticated means to conceal their acts of deceit. White-collar c rimes include the various types of fraud, embezzlement, computer crime, bribery, forgery, antitrust violations. White-collar crimes cause massive financial losses to states, local government, private organisations and individuals. For example when a company shuts down due to financial losses resulting from a fraud case we have people who lose jobs, investors who lose their money, consumers who feel disappointed by the

Scholarly Argument Essay Example | Topics and Well Written Essays - 1500 words

Scholarly Argument - Essay Example Those who are against this form of union by marriage are of the opinion that it is religiously incorrect for individuals from same sex to get married, this form of marriage will lead to weakening of the institution of marriage, legal status of this form of marriage will be manipulated by those who are not even involved in this form of marriage, these marriages cannot be recognized a marriage because these marriages do not lead to formation of traditional family system, acceptance of this form of marriage will lead to a slippery slope and other issues will be raised and parents of the same marriage will fail to provide knowledge regarding the difference between male and female to their children. Thesis Same sex marriage should be awarded with legal status because it will lead to the wellbeing of the society as it has more benefits to offer to the society than costs on the basis of cost benefit analysis. Same Sex Marriage Should be legalized Introduction Legally, marriage has been defi ned as the union between two individuals representing different gender and is the eventual method through which partners express their affection for each other. The constitution of the US has not yet accepted same sex marriage as a legal marriage even though the society has accepted such unions. A change in the structure of families within the US societies has been experienced and a huge number of stakeholders are raising their voice in the support of such marriages. Similar gender marriages should be awarded with the legal status by the constitution of US because it is a discriminatory act to treat same sex couples and different sex couples differently by law, they even believe that this form of marriage is ethical as it has more benefits to offer than costs, these marriages have gained social acceptance, a few of the states have even legalized this marriage, legalization of same sex marriage will allow same sex couples to enjoy the same rights as different sex couples. Body Marria ge is a Worldly Act Groups that are religious in nature are of the idea that same sex marriage is against religion and is even equal to a sin as such marriages are against the will of God, the reality is that religion even supports love and affection and due to this such marriages should not be considered as a sin. The constitution of US has stated that under the 1st Amendment all individuals residing in US will be protected by law for their own religious views (Davis 158). Marriages are seen as a worldly act and if legality of marriage is based on religious grounds, policy makers are working against their own policies (Stevens 261). Illegal Status Deprives Couples from Legal Benefits There are several benefits enjoyed by couples when they get married, they benefit from different rules regarding taxation, insurance, ownership of assets rule of agency. Gay marriages even positively impact various judgments. Health care law states that only couples who are married are allowed to make decisions for each other and are allowed to meet each other if one of the couple is hospitalized (Luppino 79). Since gay marriages are not yet realized as legal, the couples

The Effects of Relocation of the Capital City in Korea Essay Example for Free

The Effects of Relocation of the Capital City in Korea Essay Abstract Many people had suggested a negative effect of the relocation of the capital city in Korea. They argued that a decrease in population in the present capital region (Seoul) would result in income loss because total factor productivity (TFP) in Seoul is higher than in any other province. On the other hand, when we decompose TFP into TECs and technological progress (TP) in this paper, it shows that the technical efficiency changes (TECs) in the Chungnam region has remarkably improved. In addition, the labor productivity in the Chungnam area is found to be higher than in the Seoul area. Therefore, this study shows positive effects to the literature of the debates regarding whether the government should shift the capital city or not. Introduction Shifting the country’s capital city was a key pledge in President Roh Moo-Hyun’s 2002 election. Although the Parliament passed the law to create of a new capital city in Chungnam Province area, there have been many debates so far. The basic motivation for changing the Capital City from Seoul to another location (Chungnam Province) is that there are too many people living in Seoul. Presently 48 million people are squeezed in Seoul so that it creates unbalanced economic development. However, there are also some critics of the capital movement. One reason for the opposition is the project’s enormous cost. The project cost varies from approximately $45 billion estimated by the Parliament to $125 billion by some private institutions. Furthermore, history shows that purpose-built capitals have taken more time and money. For example, Brazil’s new Capital City, Brasilia, added to the country’s economic huge debts. Suh Kim (2004) discussed this matter in terms of the income effects of 5% of the population moving from the Seoul area to the new capital city. They said that if 5% of the current population relocates to Chungnam Province, 1.7% ~ 1.9% of the gross domestic product would be decreased. The reason for this is that total factor productivity (TFP) in the Seoul area is greater than in the new capital city. The purpose of the paper is to estimate TFP for both Seoul and the new capital city area, Chungnam Province, and decompose it into technical efficiency (TE), technological progress (TP), and input changes. Unlike Suh Kim (2004), the decomposition of TFP proposed by Han, Kalirajan, Singh (2002) not only explains the scale of the TFP, but also shows the characteristics and details of the TFP. It is when the local government has an economic policy -decision making. The second part of the paper surveys the literature of TFP as well as TFP related studies for relocation of the capital city in Korea. The third part studies decomposition of the TFP method proposed by Han, Kalirajan, Singh (2002). The fourth part reports the sources and uses of the data and the empirical results. The final part provides some concluding remarks. A survey of literature in TFP (Total Factor Productivity)   Ã‚  Ã‚  Ã‚  Ã‚   The total factor productivity is a variable, which represents the productivity of the whole economy. It analysis encompasses residual production output that cannot be justified by production factors.   Therefore, the total factor productivity is used as a method of measuring changes in production process efficiency. According to Solow (1956), an increase in output depends solely on technical progress in the long-term, however, in the short-term; capital accumulation plays an important role.   Ã‚  Ã‚  Ã‚  Ã‚   According to this viewpoint, Solow (1956) perceived total factor productivity as a concept that includes productivity based on technical progress and other production factors, which is defined as the Solow Residual. Its increasing rate that is measured by subtracting the contributions of labor and capital stock from the growth rate of gross domestic product is a comprehensive concept including technical progress and others.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There have been many studies on TFP growth, particularly in East Asia. According to Han, et al, (2002), most of the studies followed the growth accounting method using various production functions including trans-log and meta production functions.   However, we used to measure our Solow residuals until Nishimizu Page (1982) attempted to decompose TFP growth in Yugoslavia for the period of 1965-1978. TFP related studies in relocation of the capital cities in Korea   Suh (2004) estimated TFP in Seoul by the growth accounting method without the capital stocks recently. TFP in the near-Seoul area (including Kyungki Province) and strictly in the Seoul area shows as 0.039-0.047 and 0.042-0.048 respectively during 1990-2001.   This figure for Seoul area shows that TFP for non-near-Seoul area falls by 0.026. This gap has been widening as time goes by because the productivity in near-Seoul area is increasing faster than in non-near Seoul area.   Suh (Suh Kim [2004]) in another study estimated the income impacts of decentralization of population in Korea. Suh study suggested that if 5% of the current population of the Capital Region relocates to Chungnam Province, 1.7%-1.9% of GDP would be decreased. The main reason is simple that TFP in Seoul Region is higher than in non-Seoul regions. This conclusion is based and consistent with Suh earlier report in 2001. He added that the determinants affected for the Seoul to be higher than non-Seoul areas are such as the existence of high-technology industries as well as the infrastructure. On the other hand, there are several crucial criticisms in Suh’s study. First, he used the gross output as an output without a double deflation. According to Mahadevan (2002), one may use the value-added output by single deflation. However, the gross output should be deflated twice – corrected for purchases of intermediate inputs. Second, he assumed the share of the labor and capital in the production function: This could be very sensitive to the TFP estimation. Especially, his study lacks of the details of the information in TFP. The comparisons of TFP in Seoul and non-Seoul would suggest nothing but the figures of growth unexplained by the labor and capital stock increases. Decomposition of TECs, TP, and Input changes   According to Han, Kalirajan, Singh (2002), the frontier approach is able to decompose output growth into input growth; technical efficiency changes (TECs) and technological progress (TP). That is, Output Growth = Input growth + TFP growth   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   = Input growth + TECs + TP   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Above equation is algebraically described in graph A. The vertical axis measures outputs, and the horizontal axis measures inputs. Assume that a country faces two production functions, F1 and F2. The points on these functions represent the efficient production for period 1 and 2, respectively. In period 1, if the country is producing with full technical efficiency by following the best-practice techniques, its realized output will be y1* at the x1 input level. However, the country may not have efficient production, due to many constraints such as a lack of efficient organizational structure and a proper incentive structure for workers. In this case, the realized output y1 is less than the maximum possible output y1*: Technical efficiency TE1 is this gap between y1* and y1. Now, let us further assume that the production function shifts from F1 to F2 due to technological progress, including the improvements in human and capital inputs.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     * Graph A: Decomposition of TFP (Total Factor Productivity)   The decomposition can be mathematically expressed as follows: D   = y2 – y1 = A + B + C = [y1* ââ€" ª y1] + [y1** ââ€" ª y1*] + [y2 y1**] = [y1* ââ€" ª y1] + [y1** ââ€" ª y1*] + [y2 y1**] +[y2*ââ€" ªy2*] = [y1* ââ€" ª y1] + [y1** ââ€" ª y1*] ââ€" ª [y2* y2] + [y2*ââ€" ªy1**] = {(y1* ââ€" ª y1) ââ€" ª (y2* y2)} + (y1**y1*) +(y2*ââ€" ªy1**)   Ã‚  Ã‚  Ã‚   = Change in TE + TP + yx*  Ã‚   = TFP Growth + yx* Data Used Four different data sets are utilized for this analysis. First, manufacturing industry’s total gross nominal output, number of employees, value of tangible fixed assets (capital input), and cost of production (intermediate input) are taken from the Report on Mining and Manufacturing Survey (various issues). The sample period of the data is 1980- 2002. The second data set includes the same variables for Seoul during the same years. The third set of data is for the Daejon area, and it contains the period from 1988 to 2002. The last set includes the same variables for Chungnam Province from 1980 to 2002. The gross output and the total costs are deflated by the wholesale price index (1995= 100) from the Bank of Korea, while the capital deflator from the Ministry of Statistics deflates the tangible fixed assets. Results   Ã‚  Ã‚  Ã‚   Table A shows the results of the decomposition. First, in the period of 1980-2002, the total manufacturing industry had 144% increase of output, while the output increased by 88.7% and 197% for Seoul and Chungnam. For the period, Chungnam has a higher output increase. Furthermore, one can see that the labor productivity, defined simply by the total output divided by the number of the labors in the region, skyrocketed in Chungnam compared to that of Seoul in Figure 4.1. Figure 4.2 shows the ratio of the increase in the labor productivity. In this ratio, Chungnam has 14 more years higher than Seoul. We can notice that the labor productivity in the year 2000 in Chungnam is 2.3 times higher than Seoul’s. Second, comparing TE1 against TE2 gives an idea how the technical efficiency improved in the regions. For the total, TE has improved so much that 20.2% of output change is due to TE, while this figure shows no improvement for Seoul, and the small amount of improvement is due to this figure. However, one can see that there is a tremendous improvement for Chungnam, so that TE causes 228.7% of the increase of output. Table A Results of the Decomposition    y2 y1 (output change) y1* y1 (TE1) y2* y2 (TE2) TE1+TE2 y1**– y1* (TP) TE+TP y2* y1** (input change) Total 1.438 -0.002 -0.292 0.290 -0.455 -0.165 1.603 (1980-02)          (0.202) (-0.316) (-0.114) (1.115) Total 0.764 -0.031 0.001 -0.032 -0.015 -0.047 0.811 (1988-02)          (-0.042) (-0.020) (-0.062) (1.062) Seoul 0.887 0.004 0.004 0 0.195 0.195 0.692 (1980-02)          (0.000) (0.220) (0.22) (0.780) Seoul 0.385 -0.003 0.014 -0.017 0.213 0.196 0.189 (1980-02)          (-0.044) (0.553) (0.509) (0.491) Daejon 0.596 -0.151 0.005 -0.156 -0.113 -0.269 0.865 (1988-02)          (-0.262) (-0.190) (-0.452) (1.451) Chungnam 1.972 -0.008 -0.012 0.004 -0.027 -0.023 1.995 (1980-02)          (0.002) (-0.140) (-0.138) (1.012) Chungnam 1.487 3.398 -0.002 3.400 -3.463 -0.063 1.487 (1988-02)          (2.287) (-2.329) (-0.042) (1) D+C 1.252 -0.004 -0.05 0.046 -0.248 -0.202 1.454 (1988-02)          (0.037) (-0.198) (-0.161) (1.161) (The numbers in the parenthesis indicates the percentage of the output change.) Third, comparing TP in the regions shows the highest increase for Seoul. 22% of the output change stems from TP, while this ratio shows a negative number for Chungnam. It might be a main reason that many economists criticize the relocation of the capital cities, in terms of productivity. The seventh column shows the TE+TP or TFP for the regions. Seoul has a higher number than Chungnam Province. TE and TP cause 22% of the output increased, while a negative number is resulted for Chungnam. The last column suggests that the majority of the output change occurred from the increase in inputs, labor and capital for Chungnam. * Graph B: Comparisons of Labor Productivity for three regions * Graph C: Ratio of increase in the labor productivity in three regions When using the time-span of 1988-2001, the only period available for Daejon area, one can see that TE for the Seoul area has deteriorated, while it has tremendously increased in Chungnam. Thus, for Chungnam, TE has induced two thirds of the output change. However, as far as TP is concerned, the exact opposite phenomenon has taken place. For Seoul, this figure for TP is 0.195, and 55.3% of the output change is due to TE, while Daejon, Chungnam, and Daejon + Chungnam (D+C) show negative effects of TP on their outputs. Moreover, 49.1% of the output change is induced by the increase of the inputs in Seoul, when the majority of the output increase has occurred from the increase of the inputs for Chungnam and D+C. Conclusion Ever since President Rho Moo-Hyun’s pledge to shift the country’s capital city was announced, the issue has been a debated several times in Korea. Much research is being conducted to ascertain the economic appropriateness or validity of shifting it. One can hardly find the productivity analysis related. Suh Kim (2004) in the study analyzes the effects of income when 5% of Seoul area’s population moves to a new capital city: There would be an income loss of 1.7%-1.9% of GDP. This is because the Seoul area has higher TFP than any other area.   However, this paper further searches the characteristics of TFP in which we decompose its causes into technical efficiency, technological progress, and input changes.   It seems that the Seoul area has been flourishing with its increased output caused by the higher TFP, the total addition of the technical efficiency, and technological progress greater than in the Chungnam area so much that Suh and other criticizers of shifting the country’s capital city suggest not changing the location of the capital city. However, when we decompose and compare the TFP into TE and TP, it can be noticed that the Chungnam area has had a higher TE than Seoul, but vice-versa for TP. One can also see that the labor productivity in Chungnam has been higher than in Seoul, and this difference is even growing greater. Thus, our study adds to the literature of the debates regarding whether the government should shift the capital city or not, in that one may at least say that there would be some positive effects in TFP analysis. References Aigner, Dennis, J., C. A. Lovell, and Peter J, Schmidt (1977), â€Å"formulation and Estimation of Stochastic Frontier Production Function Models,† Journal of Econometrics, Vol. 6, No. 1, pp. 21-37. Barro, Robert J.and Xavier Sala-I-Martin. 1995. Economic Growth, New York: McGraw Hill. Charles I. Jones, Introduction to Economic Growth, 2nd edition, W.W.Norton, 2005. Han, Gaofeng, Kaliappa Kalirajan, Nirvikar Singh (2002), â€Å"Productivity and Economic Growth in East Asia: Innovation, Efficiency and Accumulation,† Japan and the World Economy, Vol. 14, pp. 401-24. Mahadevan R.(2002) New Currents in Productivity Analysis, Asian Productivity Organization, Productivity Series 31. Nishmizu, Mieko, and John Page(1982),† Total Factor Productivity Growth, Technological Progress and Technical Efficiency Change: Dimensions of Productivity Change in Yugoslavia, 1965-78, † Economic Journal, Vol. 92, pp. 920-36. Solow, Robert M., A Contribution in the Theory of Economic Growth, Quarterly Journal of Economics 70, Feb. 1956. Solow, R. M.(1957), â€Å"Technical Change and the Aggregate Production Function,† Review of Economics and Statistics, Vol. 39, pp. 312-320. Suh, Sung-Hwan. and   Kim, Kabsung(2004), â€Å"The Income Impacts of Decentralization of Population in Korea,† Journal of the Korean Regional Science Association, Vol. 20, No. 1, pp. 65-78. Data Source Bank of Korea Economic Statistics System(ECOS)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Available at : http://www. ecos.bok.or.kr Korea National Statistical Office(KNSO)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Available at : http://www.nso.go.kr/eng2006/emain/index.html