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Saturday, September 7, 2019

Violence against women Essay Example | Topics and Well Written Essays - 500 words - 2

Violence against women - Essay Example ll under include rape, sexual harassment, female genital mutilation, forceful marriages, wife inheritance, trafficking as sex slaves among a list of other forms of violence as this tends to differ in terms of nations (Ghanim, 2009). Essentially, some states tend to support violent treatment of women, especially those by strict Islamic laws making it hard for women to survive in these regions, meaning the state to be in support of those that commit violent acts among women. Based on this overview, this essay will delve into the causes and effects of violence committed against women across the states. In some African and Middle East states, violence against women is a dominant factor in which neither the state nor the society can intervene because this is their way of life since they tend to view women as voiceless beings and objects (Ghanim, 2009). In some African states, women tend to experience violence based on the fact that these nations are on a constant path of civil war in which armed rebels rape and commit all manner of atrocities against women without being answerable for it. Therefore, civil war can be one of the causes that can influence violence against women because the women become vulnerable because those that should protect them become their foes. On the other, religious extremism can also be another cause of violence against women because some of them permit the ill treatment of the so-called weaker gender by having stiffer penalties for them. Essentially, the nations that practice sharia law, subject women to punishment if they get pregnant outside marriage or for even dressing indecently, which is as per what they prescribe. In this case, women do not have the freedom to dress as they please and live under a male dominated society (Ghanim, 2009). It becomes difficult for the women to liberate themselves against such forms of violence because their societies do not view this as going against their rights and freedoms. The effects or consequences

Friday, September 6, 2019

Subjective exam intermediate accounting Essay Example for Free

Subjective exam intermediate accounting Essay 1. The conceptual framework deals with five main points that will be explained in this question. It first outlines the users of financial statements and their information needs, which are illustrated below: †¢ Investors – the providers of equity capital to the organization are mainly interested in the going concern of the company, together with the return attained from such investment. Indeed their investment decision will basically be, buying, selling or holding their equity investment. They will thus examine the financial performance of the company to analyze its ability to pay dividends (International Accounting Standards 2000, p 44). The financial position and financial stability will also be assessed in order to evaluate the ability of the company to continue operating in the future. †¢ Employees, lenders, suppliers, customers and public – employees who seek job security and lenders/suppliers who also demand secure investments are interested in the ability of the company to continue operating. They will therefore examine the financial position and stability. Customers, especially those who purchase goods that need after sales service are also interested in the going concern of the firm. The public is also interested in the going concern of large companies due to their economic event (International Accounting Standards 2000, p 44-45). †¢ Government and their agencies – the government is mainly concerned with the allocation of the firm’s resources. He will therefore demand information pertaining to the activities of the company. Profitability is another important matter that shows the corporation tax liability of the company (International Accounting Standards 2000, p 45). The objective of the financial statements is then outlined in the reporting framework. This aim basically entails to provide financial information concerning the financial performance, position and stability of the firm to interested users in order to aid them in their economic decisions. Due to the separation that normally exists between the stakeholders of the company and the persons managing the company, the feature of stewardship arose. Indeed the annual financial statements act as a financial report that portrays the stewardship of management in managing the resources entrusted to them (International Accounting Standards 2000, p 46). Due to the importance of the economic decisions taken by users, it is imperative that the financial statements are build on attributes that enable such information to be useful. In this respect, the qualitative characteristics of understandability, relevance, materiality, comparability and reliability were developed. There are also underlying concepts like accrual basis, going concern, prudence, objectivity and substance over form that financial statements ought to abide with. The accruals basis, for instance states that revenue incurred in a particular period should be matched with expenditure earned in that period (International Accounting Standards 2000, p 49, 52-53). The framework also outlines the need that due to the importance of financial statements, it is essential that the financial statements show a true and fair view of the state of affairs of the company. Laws on companies further builds on that necessitating the need of an audit. The elements of the financial statements are also explained in the framework. This section of the framework commences with the factors that build up the Balance Sheet of the company and portray the financial position and financial stability of the company. They recognize and explain the three main elements of the Balance Sheet, which are assets, liabilities and equities. An asset is defined as the resources owned by the company, which provide future economic benefits to the firm. The framework notices that many assets shown in such statement have a physical form, such as land, buildings and inventory. However, the physical form is not an essential element for the recognition of an asset. Indeed there are assets that do not hold a physical form but are also recorded as intangible assets, like purchased goodwill. The right of ownership is also not a critical element for recognition of an asset (International Accounting Standards 2000, p 56-58). This is in line with the substance over form principle noted in the previous section of the framework. For example, a finance lease is recognized as an asset in the Balance Sheet of the lessee even though the title may not be transferred. This is due to the fact that all significant risks and rewards resulting from ownership of the asset are transferred (IAS 17 (1997), p 381). Liabilities comprise present obligations that will result in outflow of economic benefits of the company in the future. A difference is outlined between the present obligations and future commitments that are inbound to exceed one year. The settlement of a present obligation is normally in the form of a payment of cash, transfer of assets, a service provided. However, the framework recognizes the fact there are other forms that encompass an outflow of economic benefits for a present obligation (International Accounting Standards 2000, p 59-60). Equity is explained as the resources entrusted by the shareholders together with the profits generated by the company and other reserves that may arise from transfer, business operations or other activities. This portrays the capital maintenance adjustment that will be further described in the proceeding part. The generation of reserves may arise either to enhance the value of the company as decided by the directors or to comply with relevant legislations (International Accounting Standards 2000, p 60-61).

Thursday, September 5, 2019

Principle Of Material Balance With Chemical Reaction Biology Essay

Principle Of Material Balance With Chemical Reaction Biology Essay The aim of this report is to make use of the principal of material balance with chemical reaction so to able to find out the yield, conversion rate and rate of reaction for the batch process. The hypothesis made in this experiment was when the concentration of sodium hydroxide decreases, the conductivity values also decreases. The steps for conducting this experiment are to prepare the reagents first. Then allow the reaction between the two reactants sodium hydroxide and ethyl acetate to mix together for reaction. Take note of the time and draw graphs of the reaction and finally find the yield of the reaction. There are two conditions to be studied in this case and it can be determined by the group itself. In this report, the concentration used is 0.01M of ethyl acetate and 0.02M of ethyl acetate solution. The yield calculated was that yield was higher in 0.02M of ethyl acetate compared to 0.01M of ethyl acetate. The rate of reaction is higher also in 0.02M of ethyl acetate solution based on the steepness of the graph. This is because as more molecules react with each other, more product will form at the same time and therefore in average, more product are formed at the same time and hence rate of reaction increase. However, the conductivity value was higher in 0.01M of ethyl acetate compared to 0.02M of ethyl acetate. This happened as more NaOH is being reacted with 0.02M of ethyl acetate solution. When this occurs, the conductivity value decreases as NaOH is a best conductor of electricity among the reactants and if the concentration decreases, the conductivity values also decreases and vice versa. Overall, the hypothesis made and the aim made for this experiment is correct and it also follows the law of material balance with chemical reaction. iii 1. Introduction Background Literature In the process industry, maximizing the yield is important as not only it save cost of production, but also bring more profits to a company. However, maximizing the yield is closely related to the conversion of units and rate of reaction. This is because with the help of the two factors, then maximizing yield could be done possible (Singapore Polytechnic 2009). Much time were set apart in this area at the industry to adjust the factors to optimum factors for the maximum yield it can have. Beside maximum yield, maximum reaction is also required between the reactants. Reaction rate is especially important in the industry as there is a need to know exactly what is the required time needed for the reaction to be complete. It can be calculated by finding the rate of the reaction is going at a constant time and multiply against the amount of reactants used. In this experiment, the main objective is to look at the saponification of sodium hydroxide and ethyl acetate solution to form the desired product sodium acetate. Overall, the whole experiment wanted the students to get prepared for the fundamentals of material balance with chemical reaction through the reaction between the reactants to get the final product. 1.2 Aim The aim of this experiment is to study and determine the yield, conversion and reaction rate of the starting reagents sodium hydroxide and ethyl acetate. It helps the students to know how to calculate the yield. 1.3 Hypothesis In this experiment, the main objective is to find out the relationship between the concentration of NaOH and the conductivity values. According to the theory, as the reaction of ethyl acetate increases, conductivity values will decrease and vice versa. 1 2. Theory 2.1 Introduction of Theory In this case, material balance deals with chemical reaction where students associate the product and the reactants. Material balance states that reactant that goes in to react must come out from the system as a product. The law of material balance also states that a system must, by conservation of mass, either leave the system or accumulate within the system. (Wikipedia 12 Dec 2009) The reactants used are sodium hydroxide and ethyl acetate by processing it batch wise in a reactor to produce the desired product sodium acetate and the by- product ethanol. 2.2 Saponification Saponification is the hydrolysis of an ester under basic conditions to form an alcohol and the salt of an acid This term is normally associated with the reaction of an alkali (normally metal) with a fat compound to form soap. However, only certain lipids that contain ester linkages can undergo hydrolysis. This reaction is also catalyzed by a strong acid or base. (Wikipedia 12 Dec 2009). The alkali that is going to be used is sodium hydroxide solution and the ester that is to be used is ethyl acetate solution. After it had reacted, it will form the product sodium acetate. In the past, saponification also refers as soap making as the properties of the reactants is about the same only with the exception that fats or oil is used instead of the ester ethyl acetate. 2.3 Batch Process Batch process is an operation where a fixed amount of reactants are being fed into the reactor. It is an unsteady state process where the flow rate of the system is not proportional to the time taken to flow. So therefore, the rate where sodium acetate where it is formed is not constant and the rate of accumulation are also not constant. Accumulation consists of either the reactants which had not been used up during the reaction or the product that are being left inside the reactor. The product will stop producing if any of the reactants is used up. The reactant that is being used up first is the limiting reagent. Normally, limiting reagent is the more expensive reagent. Because it can save up cost of production as it is considered wasteful if there is any expensive reagent not used up. Ethyl acetate, being the more expensive reagent, will be the limiting reagent in wise. There are also two equations relating to the batch process. Final Output-Initial Output = Generation Consumption If there is no reaction, Initial Input= Final Output (Product=Reactants) (Singapore Polytechnic 2009) 2 2.4 Conductivity Conductivity is a measure of an electrolyte of its ability to conduct electricity. (Wikipedia 2009) The S.I unit of conductivity is Siemens per metre (S/m). Conductivity measurements are usually used in many industrial and environmental applications. This is because it has been proven as a fast, inexpensive way of measuring the ionic content of a solution. For example, the measurement of product conductivity is done so by tracing the performance of the water purification system under close monitor. In many cases, conductivity is linked directly to the total dissolved solids (T.D.S). High quality deionised water has a conductivity values of about 5.5 lS/m, drinking water is in the range of five-fifty mS/m while sea water is about 5 S/m. The reason why sea water has such high conductivity because of the ionic compounds dissolved in it and all of them are conductor of electricity. The most basic compound dissolved in seawater is table salt, Sodium Chloride. For this experiment, the result that is required is the conductivity of sodium hydroxide solution after reacting with ethyl acetate for a certain period of time. The amount of time set for the reaction is twenty minutes and it can be adjusted accordingly. 2.5 Yield Yield is the amount of product obtained in a chemical reaction. The units of yield can be given in grams or in moles. To be exact, yield is also defined as the mole/s of desired product formed per mole of key reactant fed into the reactor. This experiment also required the students to find out the yield or how much the products it has which is the desired product sodium acetate. Even though ethanol is still considered as a product, it is a by-product and hence the yield is not required to find out. 3 Procedure (Singapore Polytechnic 2009). 3.1 Pre- Assessment activity Before starting the experiment, besides preparing the starting reagents, students have to ensure what are the equipments required for this experiment. After checking it, make sure to rinsed all apparatus with D.I water to ensure no impurities present in any of the equipments. There is also a Material Safety Data Sheet (MSDS) that tell us the nature of NaOH and ethyl acetate. The data sheet also tells us what are the hazards and the safety precaution to take note of for these two compounds. 3.2 How to Prepare the Starting Reactant Firstly, students must read how to handle NaOH and ethyl acetate and the recommended way of disposing these two chemicals. Disposable gloves and chemical goggles is a must as even if the chemical spilled out, the glove will prevent the chemicals from harming the students. 500ml of ethyl acetate is to be prepared at this stage as the concentration is being discussed during the pre- assessment activity. Students may use the measuring cylinder to measure the required volume of both reactants and the volume is the pre-determined during the pre-assessment activity. Then both are being poured into the 500ml volumetric flask respectively. The solutions are to be filled up to the 500ml mark for both reactants. 3.3 Experimental Setup Pour in the NaOH solution to the reactor. Alter the set up condition accordingly by the discussed by the group earlier same as the volume used for the reactants. Make sure it is approved by the lecturer. Remember to record down the reaction of conditions such as the stirring speed of the stirrer, concentrations, temperature and the volume of the reactants. Make sure the conductivity probe is inside the solution. Pour NaOH in first. Then when ethyl acetate solution is poured in, start the timer immediately. Record the value every 1 minute and this goes on up to 20 minutes. After 20 minutes, stop the stirring device and remove the magnetic bar using the magnetic rod. Clean all the equipments properly (e.g. Clean the conductivity probe with D.I water etc). Before doing so, pour all the unwanted solution to the containers respectively. Repeat the experiment again with different condition. Repeat the steps mentioned above. Tidy up the workplace and the experiment is considered done. 4 Results And Calculation 4.1 How to Determine the Yield of Sodium Acetate at 15 Minutes for 0.01M of Ethyl Acetate? The yield of sodium acetate at 15 minutes can be determined by the concentration of NaOH. From the concentration, students can find out the amount of mole of NaOH and also by the molar ratio of NaOH and ethyl acetate. By making use of the results form the procedure, students can also find out the concentration of NaOH and ethyl acetate. Theoretical Mole of NaOH = 0.01 X 0.5L = 0.005 mol Actual Mole of NaOH = 0.00156 X 0.5L = 0.00078mol Number of moles reacted = 0.005 0.00078 = 0.00422mol Conversion of NaOH= 0.00422/0.005 X 100% = 84.4% Theoretically, since 1 mole of NaOH react and form 1 mole of CH3COONa, actual mole of CH3COONa= 0.00078 Yield of CH3COONa= 0.00078/0.005 =0.156 4.2 What Is the Yield When 0.02M of Ethyl Acetate Solution Used At 15 Minutes? Theoretical mole of NaOH = 0.02 X 0.5L = 0.01 mol Actual mole of NaOH = 0.0017 X 0.5L = 0.00085mol Number of moles reacted = 0.01 0.00085 = 0.00915mol Conversion of NaOH= 0.00915/0.01 X 100% = 91.5% Theoretically, since 1 mole of NaOH react and form 1 mole of CH3COONa, Actual mole of CH3COONa= 0.00085 Yield of CH3COONa= 0.00085/0.01 = 0.085 5 4.3 What Is the Rate of Reaction When 0.01M And 0.02M of Ethyl Acetate? Figure 1: Rate of reaction for 0.01M of ethyl acetate Figure:2 Rate of reaction for 0.02M of ethyl acetate 6 4.4 How to Determine Rate Constant The rate constant can also be determined by the graph except by drawing a tangent line against it as the tangent line mean the rate is going at a constant rate. Figure 3: Rate constant for 0.01M of ethyl acetate Graph shown above is straight line. Gradient= 0.00265-0.0012 Ã · 20 1 = 0.0000763 (From the graph) Figure 4: Rate constant of 0.02M of ethyl acetate Graph shown above is straight line. Gradient= 0.00275 0.00125 Ã · 20 1 = 0.0000789 (From the graph) 7 Discussion 5.1 Factors Affecting Rate of Constant The factor that may affect rate of constant is temperature of the reactor, concentration of the reactants, pressure or volume of the reactants. Firstly, as temperature rises, it can lead to a higher probability of particles colliding each other. Hence it will increase rate of reaction with an increase of the temperature, the moving speed of the molecules increases, with higher moving speed, it will increase the chances of molecules colliding to each other, therefore increases the rate of reaction. However, during the experiment, the temperature of the reactor was keep constant at a range of 23.5oC which is at room temperature, therefore, temperature was not taken in to account in this experiment. Secondly, concentration of the reactors, with a high concentration of the reactant, the rate of reaction with also increases. This is caused by the increasing number of particles in a reactant. With larger amount of particles, the successful rate of particles colliding in to each other are higher, therefore cater to a faster rate of reaction. However, as we are conducting the experiments, instruction of using a constant concentration of the reactant were told, therefore, concentration of the reactant is also not to be taken in to account. 5.2 Factors Affecting Conversion and Yield The equation above have NaOH and ethyl acetate as their reactants and sodium acetate and ethanol as the products formed. As indicated on the lab manual, the amount of NaOH used is fixed at 0.1M, therefore reactant A is ethyl acetate and the desired product is sodium acetate. The factors that affect the yield of the desired product are the volume and concentration of reactant A which are fed in to the reactor. With an increment of both the volume and concentration of reactant A, the number of moles of the reactant will increase. Two experiments were done to prove that volume can cater to a different yield. The first trail of the experiment, the volume of ethyl acetate was set to 0.49cm3 and on the second trial, 0.92cm3. The yield of the product decreased as the volume increased, this was proven as the yield of the second reaction was lower than the first. 8 Factors Affecting Conductivity Values Mainly, there are two main factors that are affecting the conductivity values. There are the speed of the stirrer and rate of reaction. When the speed of the stirrer increases, the conductivity values decreases. This is because it introduces more collisions between the particles and hence more products are formed at the same time. As more NaOH is being converted to sodium acetate, the conductivity value will increase as mainly NaOH is the best conductor of electricity present within the reaction and vice versa. Temperature indeed affects the conductivity values but as the temperature during the reaction is being kept constant, it will not be any of the factors that affect the reaction. Precautions In Experiment There are some precautions taken for the experiment. For example, when handle corrosive or volatile chemicals such as NaOH or ethyl acetate, make sure to wear disposable glove and avoid smelling ethyl acetate as it is a volatile liquid. Also, the smell of ethyl acetate is harmful to our body and when are diluting it, it is best to wear a surgical mask while extracting the pure ethyl acetate solution. While doing the experiment, wear safety goggles at all times to prevent the spurring of the reactants during the chemical reaction. After doing the experiment, also make sure that the magnet is taken out by the magnetic rod and not take it by the hand itself. This is because chemicals present in the beaker may not have reacted completely and traces of reactants may still be found present in the solution. This is a common mistake made by students as some of them will take it out by bare hand after realizing they did not take it out before washing. Comparison between the Yields of Different Concentration of Ethyl Acetate. Yield obtained in 0.01M of ethyl acetate is 78% while yield obtained in 0.02M of ethyl acetate is 85%. After comparing the yield between the two concentrations of ethyl acetate, 0.02M of ethyl acetate tends to have higher yield than 0.01M of ethyl acetate solution. The result is the same as the hypothesis made at the start of the report. This is because as there are more molecules of ethyl acetate present during the reaction. The rate of reaction increases because of the kinetic particle theory. The kinetic particle theory states that as more molecules collide during the reaction, it will form more products. Hence, yield will increase as more products are formed. 9 Comparison between the rates of reaction of different concentration of ethyl acetate. The curve was smoother in 0.01M of ethyl acetate compared to 0.02M of ethyl acetate. This is because with a high concentration of the reactant, the rate of reaction with also increases. This is caused by the increasing number of particles in a reactant. With larger amount of particles, the successful rate of particles colliding in to each other are higher, therefore cater to a faster rate of reaction. Hence, rate of reaction was faster in 0.02M of ethyl acetate compared to 0.01M of ethyl acetate. 10 6. Conclusion In conclusion, the aim that was made at the start of the experiment was successful as students has indeed learnt the fundamentals of material balance that even though the time required to make the product varies with the amount of products, anything that goes in must also get out is the main point that the students learnt. There are many factors that can affect the condition studied. This includes temperature, pressure, volume, rate of reaction, conversion and yield etc. Also, as the NaOH concentration increases, the conductivity values also increases and vice versa. This is the same hypothesis made in this report and therefore it can be concluded that the hypothesis is correct. 11

Wednesday, September 4, 2019

Gangs: Power, Conflict, And Trust :: Gang Essays

Gangs have become a harsh reality in today's society. But despite what one might think, gangs illustrate many communication theories. This is done through the power gangs possesses, "gang warfare", and the trust between gang members. Gang power can be seen in many communication theories. There are several types of power that gangs and gang leaders fall under. An example of this would be referent and legitimate power. Referent power can be described as the role model power. We identify with this person and therefore try to be like them. Legitimate power comes from people who we believe should be in power, like children to teacher, law-abiding citizen to the police. Therefore referent and legitimate power go hand in hand, because of the organizational structure within the gang, a gang may "have officers much like that of a cooperation." (Internet Source 1) Generally "adults play leadership roles." (Internet Source 3) Also youngsters who have had severe prison terms are usually found to be the leaders of the gangs, thus being an example of expert power. The reason this is considered an example of expert power is because the individual possesses special knowledge in prison life, etc. By serving a prison term they can come back to the streets, "with more knowledge than ever could have been gained on the streets." (Internet Source 2) Attitudes, meaning how we as people respond to a subject, values, what we perceive is right and wrong, and beliefs play a major role in what brings youngsters into gangs. How does one develop a "gang attitude" to begin with? To answer this we must look at the culture. The values we Americans tend to have, make the alternative life style very appealing, this in conjunction with the glorified gang life style portrayed through the lyrics of the "Gangsta" rap artists all influence the young impressionable mind. This may make the child feel a sense of power, identity, or family, reflecting on the child's attitude. Also one must look at the neighborhood. A child can turn a corner and buy cocaine, see a gang war being played out, etc. It is obvious that the child cannot help but be influenced by this. Gang conflicts boils down to who has power and who wants, and/or deserves it. Most conflict is not within in the gang itself but between two gangs. Conflict can be described as a struggle over ideas or concepts between two parties, or people.

Tuesday, September 3, 2019

Comparing Different Types of Love in William Shakespeares Romeo and Ju

Comparing Different Types of Love in William Shakespeare's Romeo and Juliet The three different examples of love between Romeo and Juliet, Romeo and Rosaline and Paris and Juliet do share some similar aspects, but they also have their own differences. These three different types of love show us the variations of love and how it can mask itself into different forms. Romeo's 'love' for Rosaline. He was portrayed as a Petrarchan lover and his 'love' was simply an infatuation. He did not take time to know Rosaline or understand her, but thought that he truly loved her. In actual fact, he was only attracted to her because of her beauty; "The all-seeing sun/Ne'er saw her match since first the world begun." Romeo knows that Rosaline does not love him, that the relationship is not mutual. Romeo became depressed when he realised that Rosaline did not love him. He was moody and withdrawn. His use of oxymorons such as "bright smoke, cold fire, sick health" shows his uncertainty and confusion of this 'love' he has for Rosaline. Romeo's love for Rosaline is clearly infatuation, which really is not true love. Similarly, we question Paris' 'love' for Juliet. Did he really love her? His love for Juliet was not as straightforward. He did not even know Juliet, probably falling for her beauty rather that loving her for who she really was. It was probably superficial, but we cannot completely ignore his attempts to show 'love'. He risks his reputation as a noble by visiting Juliet's grave in the dead of the night so secretly and suspiciously. Also, when Romeo kills him he asks to be put in her tomb, "If thou be merciful, Open the tomb, lay me with .. ...d be one that was approved and acknowledged. Not like the one between Romeo and Juliet, where the choice to get wedded was based purely on their own decision and not one that was consulted with their own parents. Compared with Romeo's love for Rosaline, his best friends knew about it, Benvolio having found out when he spoke to Romeo, and probably telling Mercutio. It wasn't a total secret but was kept hidden from his parents. It is obvious that the love Romeo has for Juliet is true and deep, it is also reciprocated, unlike the one between Romeo and Rosaline, and Paris and Juliet. Also, the three relationships showed signs of hastiness and rashness, which resulted in a short-lived and rather brief relationship. However, the love did affect the characters in some way or other and had changed Romeo into a better person.

Monday, September 2, 2019

To Live Through the World of Imagination :: essays research papers

In literature, there are various works that aid children in their developmental progression of life. Children experience stages throughout their development that lead them to the discovery of not only their own needs, but the needs of others too. Many people do not realize the extent of which stories shape the way we think. Stories are particularly effective in influencing the way children think and behave, because they like to hear or read them over and over again. The repetition of these stories combined with a child's imagination makes telling a story one of the best ways to influence their thinking. Two works that indirectly influence a child's way of thinking are Winnie the Pooh by A.A Milne, and Charlotte's Web by E.B White. Each of these books deals with situations involving parent-child relationships, peer group dynamics, and social interactions. Both of these literary works have a major impact on young readers, and each one takes a unique approach in aiding young readers throughout their developing stages.   Ã‚  Ã‚  Ã‚  Ã‚  Winnie the Pooh is a collection of stories that deals with the concerns and needs of a growing boy, who is trying to understand how the world and the people in it work. The little boy's name is Christopher Robin. Christopher's father tells his son the stories of Pooh's adventures and interactions with others. In order to truly understand the meaning of this story, one must realize that Winnie the Pooh represents one of the many personalities of Christopher Robin. Just as Piglet, Rabbit, Kanga, Roo, Eeyore, and Owl are also alter egos of him. Each of these characters represents a different feeling or emotion of Christopher Robin, and all of them are designed by the author to fit a certain personality trait that a child can relate to.   Ã‚  Ã‚  Ã‚  Ã‚  Charlotte's Web is the story of a young girl who is in the midst of discovering herself and learning how to be less selfish. Fern is the name of the young girl, and Wilbur is her pig. In this story, Ferns alter ego is Wilbur as well as the Barnyard animals. They represent Fern's inner thoughts and concerns. As in Winnie the Pooh, the characters in Charlotte's Web were also created in such a way that a child could easily relate. Wilbur's actions and thoughts represent Fern's uncontrollable desire to experience something new and invigorating. Fern's concerns are more mature than those of Christopher Robin.

Sunday, September 1, 2019

Reasons Why the American Economy is in Recession

The condition of the economy of the United States is significant to consider as it measures the worldwide financial system. Since it is now in recession, this paper will discuss the nature of the said financial crisis, causes and its implications to the country and its people. In order to recognize the damaging effects of recession, this paper ultimately aims to have a clear discussion of the reasons why the American economy is in recession. Reasons Why the American Economy is in Recession IntroductionThe current global financial crisis has traced its roots and is apparently attributed to the significant economic collapse of one of the world’s powerful and established economies, which is that of the United States. In fact, the American economy, which is considered to be as a very influential and stable financial system, has now been regarded as the turning point of worldwide recession or which signals the eventual economic downturn of other countries. This is because the Ameri can economy evidently spells the potential outcome as far as the economies of other nations. Hence, when the U.S. economy is down, economies around the world are expected to be dragged simply because of their seeming reliance to the economic or financial structure of the former. While the recession of American economy has been noticeable for the past years, the U. S. government just recently made it official. This is for the reason that the country has appeared to just only have submitted to the problem and accepted the fact that it now needs the support of other countries particularly those whose economies can now survive on their own and are not directly affected by the American economy recession.Now, the U. S. and a large part of the world are faced with the most terrible economic catastrophe since the renowned The Great Depression. Hence, it is empirically essential to determine and analyze the reasons behind why the economy of a dominant nation such as the U. S. is now feeling the heat and damaging implications of recession. American economists and concerned authorities have normally credited the recession to the apparent bungled decisions and activities made to manage the economy’s money supply.However, there is still a need to dig deeper and search for other causes of the recession in order to come up with a clear and comprehensive presentation and study of the said economic concern. This action is primarily aimed at providing the public with an understanding of the nature, grounds and harmful effects of recession to the American economy as well as that of other countries and most importantly, in order to ultimately resolve the issue and find ways to prevent it occurring again in the future.Recession of American Economy, an Overview According to Cush (2008), lead developer of the Recession site, recession in the economic field normally refers to a condition where a nation’s gross domestic product or GDP obviously maintains a negative devel opment component in a span of approximately six months or around two successive quarters in minimum (Cush, 2008).Aside from the said general description, the authorized reviewer of downturns in the U. S. , which is called the National Bureau of Economic Research or NBER, characterizes recession as â€Å"a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production and wholesale-retail sales† (â€Å"The American Economy,† 2008).Based from the above descriptions, it is significantly obvious that the existing American recession has likely met the criteria and that its harmful implications are already being manifested within the country’s financial system and are visibly felt by people. Since the NBER has officially affirmed that the economy is in a slump status, the government and many sectors specifically those which are gravely affected are now try ing their best to appear less battered and emerge liberated when this economic condition is over.The economic condition of recession has afflicted the American economy since the eighteenth century. The various circumstances concerning the previous collapse in the economy included a disruption of trade and real estate markets, devastation of the shipping industry, crash of the banking system, unemployment, fall of the agricultural sector, slump in manufacturing, collapse of the stock market, monetary reduction, labor influx, inflation, tightening of monetary policy, oil price increase and even terrorist attacks.In particular, the current recession is caused by increasing oil costs which has resulted into escalating food prices and worldwide inflation, credit crisis which paved the way for bankruptcy and rising unemployment rate, all of which led to the growth of recession around the world (Cush, 2008). Additionally, the causes of recession are also a staunchly argued subject matter t hus Cush further stated that its primary reason is, in fact, the actions which were carried out in an apparent attempt to rule and influence the supply of money in the American economy.This is where the obligations or functions of the Federal Reserve were questioned and blamed because the actions taken turned out to be the reasons why the economy crushed. Beside this, it was also traced that even when the economy manifests temporary occurrences such as unstable oil costs and armed conflict, these factors also contribute to the eventuality of recession (Cush, 2008). Beyond the history and causes of recession, its implication is maybe the most inflicting element and which is the ultimate concern of a country and its people.Cush explained that while GDP growth exists, the gasping symptoms of recession become more evident in various sectors and fields such as those which were previously experienced by the American economy in past recession incidents. Worst, when the financial system is continued to be exposed and hit by lasting recession, the condition eventually results into economic depression (Cush, 2008). Reasons behind the RecessionIn order to attain a better understanding of this financially-induced predicament which struck and is continuously hitting the American economy, it is worthy to identify and acknowledge the underlying reasons behind why the country’s economy is in recession. To explain further the previously cited reason concerning the actions taken by the Federal Reserve apparently to manipulate the economy’s money supply, Cush made it clear that such factor was considered because it is the said financial entity which is in charge of keeping money supply and interest values stable while in a perfect balance with inflation (Cush, 2008).Cush further analyzed that when the Fed lost balance in this situation, the American economy was able to escape and compelled to rectify itself. This action was what specifically happened in 2007 when t he Feds’ financial policy of bringing in remarkable supply of money into the market made the interest rates lesser even if inflation remained. However, when the said action is mixed with loosen financial policies such as in lending structures just to be able to alleviate the borrowing of money, the activities within the financial system were not uphold which paved the way for the economy to reach a freezing point (Cush, 2008).Meanwhile, Richebacher (2006) generally said that for the U. S. , the fast and sharp deterioration in the increase of consumer spending is the initial or even crucial factor which caused the looming and led to the eventuality severe American recession. In an effort to evaluate the said economic condition and additional development possibilities of the American economy, Richebacher said that the initial and significant detail to consider is that the economic recovery of the country since the latter part of 2001 has been regarded as the weakest so far in t he entire postwar era.He added in particular that the inflation-adapted per hour and weekly compensations are evidently low nowadays as compared to the rate at the beginning of the economic resurgence in November of 2001 (Richebacher, 2006). Secondly, even if there is an inflation adjustment, the medium household earning plunged for the past five years and was even four percent less in 2004 as compared during 1999. Next is that the overall employment rate since the first quarter of 2001 is apparently up by 1. 9 percent while jobs in the private sector was placed at 1. percent. Ironically, while more jobs became more available, the unemployment rate turned out to be short for the primary reason that a significant number of Americans have yielded searching for their respective works (Richebacher, 2006).Additional and seemingly factors may also be considered as grounds which caused the American economic recession. These include the fact that employment growth has suddenly dropped for t he past months specifically from 200, 000 jobs in the early part of the year to only 75,000 jobs in the middle period.Another reason is that the employment increase is only felt or seen coming from the spurious businesses and which tried to suggest that there is a growth within small and new companies which were not taken in the payroll appraisal yet the truth is there is a slump among existing industries and organizations. Lastly, indebtedness in the private households rose by 70 percent which was coupled by a general improvement in actual not reusable individual income by 12 percent (Richebacher, 2006). Rise in Consumer SpendingAn awfully distorted GDP account which apparently showed an increase in American consumer spending of a record high of 5. 2 percent years ago was, in fact, only placed at 1. 3 percent. This is because people just confidently settled and focused on the bigger consumer spending rate without realizing that it should really be in a yearly figure hence a smaller rate. To be more specific, Richebacher revealed that the horrible reality about the sudden increase in consumer spending, which was manifested in the past years, has truly and efficiently damaged.However, Richebacher also noted the significant and abrupt weakening of consumer spending which he regarded as the decisive factor thus a serious American recession is now happening. With this, he commented that the strength of consumer spending in the coming years is reliant to the prospects of maximum cash-out credit refinancing as compared with increasing housing costs. Sadly, one does not need to be smart just to realize that what Richebacher said is absolutely impractical and unattainable nowadays and considering the current recession that the American economy is experiencing (Richebacher, 2006).Accelerating Credit Expansion Richebacher stated that by analyzing the rush in credit expansion, it is now suspected that the slowing down of American economy has something to do or related wi th the actions made by the Feds such as the rate hikes. In short, regardless of the decisions made by the Feds, the fact remains that the existing credit expansion remains to accelerate. This is where the economy is affected because the more credit expands it then results into less activity within the financial system if it has to be gauged by GDP (Richebacher, 2006).The nation failed to recognize and realize that an economy which is motivated by frenzy-based housing system, in turn, demands more credit and debt. This is because the economy initially requires intense borrowing in order to push the housing costs. In effect, heavy borrowing translated capital profits into cash. When this is joined with the current smallest or existing nil actual disposable revenue growth, the outcome is somewhat similar to a credit Moloch consuming credit and which bestowed less and less growth for the economy (Richebacher, 2006).Harmful Trade Deficit Another reason why the American economy is in rece ssion is the reality about trade deficit. This is because trade deficit fundamentally changed the structure of the U. S. economy in a negative manner. This condition was manifested in the failure of manufacturing industry which is a financial area that depicts the highest level of capital pattern hence could have also been the source of the highest level of growth in production.Hence, Richebacher imparted that the most significant issue to realize here is that the accrued surpluses in spending and debt in the American economy and its fiscal method for the past decade are the overall extent which surpassed the possibility of debt service from existing income (Richebacher, 2006). Inactive Debt Trap Richebacher said that in an economy with a dormant actual disposable income and which is coupled by a double-digit increase in debt; it is the end users who are led into a cruel debt trap.There is an accepted perspective that households financially prepare both to withstand any economy-rela ted problems and still carry on with an increased spending (Richebacher, 2006). However, Richebacher viewed that the most significant to consider the reality that people collect debts at a rate which obviously goes beyond their capacities of debt service when based from their existing income (Richebacher, 2006). Hence, the recession in the American economy is attributed with this fact that many have not resolved debt services and other debt-related concerns thereby injuring more and adding to the existing elements of economic recession.Crashing of Housing Cost Since the debt trap was not resolved or even addressed, the situation resulted into crashing of housing price. Richebacher presented three important features of this recession ground which included a situation wherein a busted house price definitely portrayed a lower instability of housing costs as well as the lower fluidity in housing markets. Next is that the crashing of housing cost exists for the past years and which is lo nger than the period when equity price was busted.Most importantly, the link between growth and breakage of the economy was, in fact, even more robust and solid in the housing category than equity costs (Richebacher, 2006). Ignored recession risk warning Apart from the concrete reasons given by Richebacher on why the American economy is now on recession, it is equally worthy to note that the said financial dilemma is also caused by the apparent neglect made by the country to an earlier warning. Judging from the previous years’ economic condition of the economy and the inevitable possibility of another round of recession, former U.S. Federal Reserve Chairman Alan Greenspan already made a warning, even months before the financial crisis eventually materialized, that the country’s economy is likely heading into recession (cited in â€Å"Greenspan warns of U. S. recession risk,† 2007). Greenspan based his warning from the fact that the American economy has been deve loping at the start of 2000 and that there has been notable indications that the existing economic phase will eventually come to its end.He noted that when the economy reached the said cycle, there is the tendency that unwavering components will eventually enhance for a recession to happen again. Greenspan particularly cited as an example the stabilization of profit margins which is taken as a warning that the economy is in the ending phased of the development cycle hence recession is impending (cited in â€Å"Greenspan warns of U. S. recession risk,† 2007). Despite the warning made by a person who is in authority concerning the financial system, however, the country apparently ignored the caution made by Greenspan.In fact, he presented specific details which proved an imminent round of recession. Regardless of the Greenspan warning, the nation opted to regard the situation which provided more comfort and continued to relish a temporary economic growth. In doing so, it was un fortunate that the country is now again faced with a damaging financial crisis which effects could have been averted if only the warning was taken into consideration. ConclusionWhile it appeared to be inevitable for the country to suffer economic recession, its damaging implications could have been managed in a manner that the country and its people will emerge triumphant over a specific financial crisis. This condition can be made possible if only the grounds which caused the current downturn are effectively analyzed with an aim to draw out solutions. Nonetheless, this period is better to be taken as lesson to be learned.