U.s. Dollar s World Reserve Status - 2027 Words

Throughout the 20th century, the United States has slowly constructed a global system of control. Its superior military, weaponry and intelligence apparatus have been crucial in this system, but an equally important factor has been its control of the global economy, and its primary weapon, the U.S. Dollar. The dollar’s world reserve status alone does not make it unique, but its deeply rooted role in American and global geo-politics certainly does. As Vassili Fouskas and Bà ¼lent Gà ¶kay point out in their book The New American Imperialism, â€Å"Dollar hegemony has always been strategic to the future of American global dominance, in many respects more important than America’s overwhelming military power. While military power is more visible and useful as a display, it is the dollar’s role as reserve currency that secures the domination of the U.S. in the global economic market place†. [1] This system is built on serious fault lines and its future is the most important issue for international relations today. To understand how the dollar secures American hegemony requires some review of history. After the Great Depression and World War II, the economic structures of the Old World powers were destroyed and in dire need of reconstruction. Only America remained in one piece, a situation that allowed it to decide how the new world order would work. As World War II was ending, representatives from the Allied nations were gathered in Bretton-Woods, New Hampshire, where negotiations for thisShow MoreRelatedAnalysis Of The Book Century Of Enslavement Essay1366 Words   |  6 PagesU. S. MONETARY POLICY Where do we come from? How did we get here? These are questions each one of us eventually asks ourselves and, in so doing, searches for the answers. It is intrinsically woven into us to know the basis of what sustains us. Why is it then, that the general public is satisfied in knowing only about current celebrity gossip and is content to remain ignorant when it comes to where our currency originates and how it is produced? Some may find it too confusing and overwhelmingRead MoreInternational Economics Paper : Wal Mart Essay1269 Words   |  6 Pages International Economics Paper Name Institution Outline 1. Introduction 2. President and Congress 3. The Federal Reserve 4. What motivates policymakers to stimulate or contract the economy? 5. Effect of Strength of other Economies on the Organization 6. Recommendations 7. Conclusion 8. References Introduction Wal-Mart is an American-based retailing company that has ventured into the international market with the aim of taking over some of the emerging marketsRead More Decline of US Dollar2484 Words   |  10 PagesStates dollar has been the central reserve currency for the world. A reserve currency, also referred to as an anchor currency, is a currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves (Carbaugh, 2011). As the world’s reserve currency, the U.S. dollar is used throughout the world as a medium of exchange and is used as the global currency for products traded within the global market. In recent years the status of the U.S. dollarRead MoreWhy did the Bretton Woods system came to an end?1504 Words   |  7 Pagesthat hinder trade. The International Monetary Fund (IMF) and the World Bank were conceived by the Bretton Woods system (International Monetary Fund). The countries that joined the IMF adopted an alternated version of the former gold standard’s fixed exchange rate system. Members of the IMF agreed to keep the value of their currencies in terms of the U.S. dollar, and the U.S. dollar was fixed by the value of one ounce of gold at 35 dollars. Additionally to the gold standard, governments agreed to interveneRead MoreFuture Of The U.s. Dollar2712 Words   |  11 Pages Future of the U.S. Dollar Today, the world economy, after witnessing the greatest hit in 70 years, is wondering what life will look like after the storm has settled. It is grappling with the fundamentals of unemployment, increasing inflation, current account deficits, negative growth, and zero interest rates along with it, depreciating the value of money. In the midst of all this the future of the U.S. dollar is uncertain. Will the dollar maintain its reserve currency status even after its depreciationRead MoreThe Internationalization Of Chinese Currency1259 Words   |  6 Pagesdevelopment. Therefore, more and more attention has paid to the internationalization of Chinese currency (RMB). Benjamin J. Cohen suggests that, with huge and well connected economic base, the opportunity for RMB’ internationalization is obvious, but China s underdeveloped financial system and financial markets, cumbersome capital control, make RMB internationalization face difficulties (Cohen, 2008). This paper departure from international currency, and then further discusses about the meaning and currentRead MoreFall Of American Power1504 Words   |  7 PagesFollowing the Cold War, and the collapse of America’s economic rivals from the time, the implosion of the Soviet Union and Japan’s economic deflation in the early 1990’s, the United States held important roles in international politics that went beyond its extensive military arsenal and nuclear capacities. The U.S., which was then considered an incomparable and unattainable power, sat on top of an influential global economy power capable of stimulating other nations to want to follow on its pathRead MoreWorld War I And The Great Depression1598 Words   |  7 PagesBefore World War I, the United States was in a period of isolationism, and a determination to stay out of European wars and affairs, while trying to maintain its status as one of the world’s biggest superpowers, militarily and economically (â€Å"United Sta tes Before†). America was just exiting the Gilded Age, which was an important time of growth and prosperity. Despite this, the American economy was in a small recession when entering the war, which was reversed by a 44 month period of growth causedRead MoreUnited States : Current Political Structure971 Words   |  4 Pagesmajority rule is tempered by minority rights protected by law. The government is regulated by a system of checks and balances defined by the U.S. Constitution, which serves as the country s supreme legal document. In the American federalist system, citizens are usually subject to three levels of government: federal, state, and local. The local government s duties are commonly split between county and municipal governments. In most cases, executive and legislative officials are elected by a pluralityRead MoreHow Theu.s Dollar Became The Worlds Most Dominant Reserve Currency2091 Words   |  9 PagesThe objective of this paper is to give a clearer picture to how the U.S dollar became the world s most dominant reserve currency . Several countries use it as their official currency, and many others use it as the de facto currency . Moreover, American dollar is the primary reserve currency, which is used as the standard unit in international market for commodities such as gold and petroleum. However, the dollar has been declining over the last three decades; in fact it has lost almost half its

When Everything Changed Free Essays

I slowly looked around, detached from reality. The news hit me like a formidable black train. Silence  coated the room filled of  anxious yet unusually quiet cheerleaders like a heavy snow on the mountain peaks from where we came from. We will write a custom essay sample on When Everything Changed or any similar topic only for you Order Now Every familiar face I could  find grew cold and stern. All hopes of  a  national title flew out of the window before the judges could even  mutter  the two words  that brought our world crashing down. â€Å"Illegal stunts. † Nine months of sweat and tears, 4  years of commitment, all brought down in a matter of moments. Less than ten  minutes  before my final  national high school cheerleading competition and all the  work my  team and I put into our flawless routine no  longer mattered. We had ten  minutes to  recreate a near-impossible routine and preform it for over 600 people. How  could our  coaches not know our routine was filled with illegal stunts? More  importantly why did we  travel  1,997 miles to be humiliated? I knew in that moment that the hard work, sweat, and tears that were supposed to pay off with a shiny gold metal and an adorable white silk national champ jacket, came down to one thought: â€Å"Can we pull this together? Before we could even wrap our heads around the situation that was being presented to us my team and I were being hastily rushed toward the overwhelming maze of two-story black curtains. I could hear the abundant crowd roaring on the other side. Our parents, eagerly waiting, had no clue the panic that was now instilled within us. Scott, my teams’ choreographer, sashayed through the groups of cheerleaders toward us. â€Å"Good luck, Ladies† he muttered, â€Å"Sorry about the sudden changes in your routine†¦I†¦ I didn’t think anything was illegal. † At wit’s end, I huddled my team together. Taking turns, my co-captains and I shared some inspirational words and started singing our team song: â€Å"Lean on Me. † Suddenly, we were united on stage in front of hundreds of people. Blinded by the spotlights in front of me, I glanced to my right only to see my coach. She clung to the side of the raised stage, barely able to see over, her emotions written all over her face, frustrated and scared. At that moment I knew she was just as nervous as we were. The moment all the hours practicing, the sore muscles, the obsession over cheerleading for 9 months straight was about to pay off, BOOM. The music was on and muscle memory kicked in. One dance step after another just happened without any thought. As the dance portion of the routine was over and the cheer portion slowed to an end, I knew our final pyramid was coming soon. Panic. No one was where she needed to be. It seemed as if we were ants being watched through a magnify glass, scurrying about with no real direction. Rushed and confused, we threw together what we could. â€Å"We can do this! † I shouted to the girls. Finally some sanity as my bases threw me into the air, only to realize the other half of the team was struggling. I was always taught to just keep going, so that’s what I did. The music continued to build, and the newly changed portion was finally here. My bases, consisting of my fellow captains, pushed me into the air. I reached out for the flyer next to me. Only there was no flyer next to me, and without her, none of this would work. I glanced over after hearing gasps come from the audience, only to see half my team on the ground, struggling and fighting to pull themselves up. The music ended. Silence. The last impression the judges and the crowd saw of us was complete pandemonium. First place was out of the question. â€Å"With a routine like that, you will be lucky to make it any further. † Our coaches starred at each of us as we walked shamefully backstage to watch our routine on the big TV monitor. One 8-count at a time we watched our dreams unfold and come crashing down, literally. Knowing that it wasn’t completely our fault, we joined the crowd to watch the rest of the competing teams. In the proceeding moments we learned that without the falls at the end, our routine was perfect– filled with smiling faces, tight dance moves, and a high level of difficulty. Due to those minor mistakes, however, our trip to Orlando was over without reward. The following morning, disappointed and heartbroken, my teammates and I boarded our flight back to the mountains. Looking back now, the memories created are irreplaceable whether good or bad. Sometimes all the hard work and effort doesn’t pay off in the way we hope for. Left with disappointed dreams, my duties as a cheer-captain were over and I was left with memories and a group of friends who could never be replaced. I didn’t get that national title, but at least we made it that far, which is more than many young girls could even hope for. How to cite When Everything Changed, Papers

The Alley of Our Mind free essay sample

â€Å"You can’t always blame the world for your problems. At some point you have to take responsibility of your own life.† As anonymous as this quote is, simple words have never impacted my life as much as these. I have always known the nightmare would end; I just did not know when, or if, I’d be here to witness it. There are some exceptionally disastrous events that can occur in someone’s life that can change them forever. There are some dark times that even the brightest light cannot even illuminate. I understand that depression is not necessarily considered an event by textbook, but I can name few situations that are more impactful on someone’s life for this â€Å"event† has no typical case. There is no one that depression â€Å"lightens the load† for, I know that. I also know that this thing inside of my head engulfed my mind. We will write a custom essay sample on The Alley of Our Mind or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page My thoughts struggled to grasp for air. My brain slowly melted into a puddle of nuke warm, day old pudding; filled with a similar unwanted substance. I had no time for that. I have always had some sort of expectation or standard to achieve every single day. I had no time to recognize my mental stability or lack thereof. I did not want anyone to ask me questions. I did not openly display my distress when I knew I would instantly and pathetically receive an invitation to a pity party I would regretfully have to reject. The thoughtless question, â€Å"How are you?† has become a habit for most. However, the answer to that question was not as habitual as most would prefer. I dreaded the thought of such a simple confrontation.The most I could do was bare through the day with fist bumps because I knew better than to shake someone’s hand when my palm was moister than the damp weather outside with my mile-high hair as my witness; sporadic awkward laughs in the middle of history class to prevent glossy eyes as the teacher reviewed horrifyingly dull topics left me as the seemingly vehement peer juxtaposed to the rest of my rock solid, silent, dull classmates; the floor making love to my eyes as I walk through the hallways, unable to lift my chin with the fear of glancing at someone who had it worse off than me because I truly would not be able to cope knowing I’m just too whiny. My coping skills have always seemed â€Å"off† compared to others I saw regularly dealing with the same â€Å"event†. I kept myself busy with the only way I knew at the time: school work. The more I did, the more I hoped my heart and head would just go numb in fear I may slip and say something to differ from my usual â€Å"happy† self-image so flawlessly perfected. I wanted my entire being to stop, shut down, reboot, and catch up where it left off, but this time, where I wanted to be. I can honestly say â€Å"fake it ‘til ya make it† became my mantra; more or less like those â€Å"new† overplayed songs on the radio that you hate but can never forget. Another unforgettable aspect of everyday life is your mind. It’s like a street, but a turn of the careless lands you in an alley. When you have this mutation swallowing your mind, your alley is long, narrow, dark, damp, never-ending, and inescapable. At every glance, the walls get tighter and you start to get claustrophobic- your skin crawls for its own rescue, craving to leave the remainder of your soul behind. Your confidence takes a blow. Behind every abandoned, rusty dumpster, still embedded with the scent of decay, crawls out every single essence of your self-doubt- you begin to look for salvation. Your mind dwindles. Underneath every broken, forgotten, infested piece of waste slithers a â€Å"harmless joke† you’ll never forget- you long to initiate your departure. Your heart plummets. I was in that alley. I felt forgotten and unwanted like the other useless mass surrounding me. Low and behold I was trapped by none other than myself. Through my actions and persistence, my mind has eventually morphed from where I was to where I wanted to be. Piece by piece I chipped away at the foreboding walls enclosing me until I saw it. Like an orb of life itself, my future was waiting for me. I can now say I truly know the value of a smile. I no longer feel the need to seek others to fill my self-implemented voids. I started to take responsibility of my own life.I’m more independent than I thought I ever could be. I know what it feels like to feel like you’re alone and helpless, and for that reason specifically I help others whenever there is an opportunity. I do not want anyone to feel the way I felt and even though I’m proud of my transformation, I do not publicize or promote my struggles. I have changed so much over the years and no one knows where I began.I welcome the unfamiliar privacy. I am not a project I can receive an â€Å"A† on. I cannot get â€Å"Most-Improved† stamped on my forehead. This challenge was me versus myself. Luckily for me, this struggle of mine became a blessing. It brought me closer to my passion for life. My desire to not only live, but to enjoy life is far beyond any previous aspiration of mine. At the end of my life, I want to be lying there, reflecting over my journeys and not just say that I survived, but that I lived. At the end of the day, exceeding anyone’s perception of which I am, only I know who I could have been and for that I am proud.

Facing poverty with a Rich girls habits Essay Example

Facing poverty with a Rich girls habits Paper Suck Kim, the writer of Facing Poverty with a Rich Girls Habits, attempts to narrate the struggles of switching from a lavish upbringing to a poverty stricken lifestyle. She tells the story of how her family was forced to move to the slums of Queens from South Korea after her fathers businesses plummeted financially. She was forced to learn many skills that would help her survive In this foreign place she had just entered. Things like learning to relate to other people her age, going to the Laundromat, and riding public transportation were all things she had to get used to. Also, she describes how school life was so different from back home. Kids were Infinitely divided by social class and sometimes even ethnicity. She states how teachers werent as respected In America as they were In South Korea. She felt Like the only place where she could truly express herself were her E. S. L classes. Small remarks of racism from her classmates such as FOB (fresh off the boat) TLD seem to nerve her probably because she didnt know what these words meant at the time. We will write a custom essay sample on Facing poverty with a Rich girls habits specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Facing poverty with a Rich girls habits specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Facing poverty with a Rich girls habits specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Another problem was learning to do tasks on her own. Things Like doing homework without help from someone and cleaning without maids were not things she was accustomed to. She battled an inner conflict with race. When she came to America not only did she become Asian, but also a minority. Since everyone in South Korea was the same skin tone or race it wasnt very easy to discriminate. However in the Unites States, its usual for one person or even a few people to be singled out.

Identifying Granitoids and Other Granite Rocks

Identifying Granitoids and Other Granite Rocks Granite rock has become so common in homes and buildings that anyone these days can name it when they see it in the field. But what most people would call granite, geologists prefer to call granitoid until they can get it into the laboratory. Thats because relatively few granite rocks out there are truly petrologically granite. How does a geologist make sense of granitoids? Heres a simplified explanation. The Granitoid Criterion A granitoid meets two criteria: (1) it is a plutonic rock that (2) has between 20 percent and 60 percent quartz. Plutonic rocks cooled at depth very slowly from a hot, fluid state. A sure sign is well-developed, visible grains of various minerals mixed in a random pattern  as if they had been baked in a pan in the oven. They look clean, and they dont have strong layers or strings of minerals like those in sedimentary and metamorphic rocks.​As for the quartz, a rock with less quartz than 20 percent is called something else, and a rock with more than 60 percent quartz is called quartz-rich granitoid (a remarkably simple answer in igneous petrology). Geologists can assess both of these criteria (plutonic, abundant quartz) with a moments inspection. The Feldspar Continuum OK, we have abundant quartz. Next, the geologist evaluates the feldspar minerals. Feldspar is always present in plutonic rocks whenever theres quartz. Thats because feldspar always forms before quartz. Feldspar is mainly silica (silicon oxide), but it also includes aluminum, calcium, sodium, and potassium. Quartz- pure silica- wont start forming until one of those feldspar ingredients runs out. There are two types of feldspar: alkali feldspar and plagioclase. The balance of the two feldspars is the key to sorting out the granitoids into five named classes: Granitoid with only (90%) alkali feldspar is alkali-feldspar graniteGranitoid with mostly (at least 65%) alkali feldspar is syenograniteGranitoid with a rough balance of both feldspars is monzograniteGranitoid with mostly (at least 65%) plagioclase is granodioriteGranitoid with only (90%) plagioclase is tonalite True granite corresponds to the first three classes. Petrologists call them by their long names, but they also call them all granite. The other two granitoid classes arent granites, although granodiorite and tonalite in certain cases can be called a name very much like granite (see the next section). If you have followed all this, then you will readily understand the QAP diagram that shows it graphically. And you can study the gallery of granite pictures and assign at least some of them exact names. The Felsic Dimension OK, weve dealt with the quartz and the feldspars. Granitoids also have dark minerals, sometimes quite a lot and sometimes hardly any. Usually, feldspar-plus-quartz dominates, and geologists call granitoids felsic rocks in recognition of this. A true granite can be rather dark, but if you ignore the dark minerals and assess only the felsic component, it can still be properly classified. Granites may be especially light-colored and nearly pure feldspar-plus-quartz- that is, they may be very highly felsic. That qualifies them for the prefix leuco, meaning light-colored. Leucogranites may also be given the special name aplite, and leuco alkali feldspar granite is called alaskite. Leuco granodiorite and leuco tonalite are called plagiogranite (making them honorary granites). The Mafic Correlative Dark minerals in granitoids are rich in magnesium and iron, which dont fit in felsic minerals and are called the mafic (MAY-fic or MAFF-ic) component. An especially mafic granitoid may have the prefix mela, meaning dark-colored. The most common dark minerals in granitoids are hornblende and biotite. But in some rocks pyroxene, which is even more mafic, appears instead. This is unusual enough that some pyroxene granitoids have their own names: Pyroxene granites are called charnockite, and pyroxene monzogranite is mangerite. Still more mafic a mineral is olivine. Normally olivine and quartz never appear together, but in exceptionally sodium-rich granite the iron-bearing variety of olivine, fayalite, is compatible. The granite of Pikes Peak in Colorado is an example of such a fayalite granite. A granite can never be too light, but it can be too dark. What stone dealers call black granite is not a granite at all  Ã¢â‚¬â€¹because it has little or no quartz in it. Its not even a granitoid (although it is a true commercial granite). Its usually gabbro, but thats a subject for another day.

Bald Eagles and Golden Eagles Essays - Eagles, Bald Eagle

Bald Eagles and Golden Eagles Eagle is the common name for a number of diurnal birds of prey, some of which are the largest members of their family which also includes kites, hawks, buzzards, and certain vultures. The name eagle is somewhat loosely applied, as several of the groups are not particularly closely related to one another, and some birds called hawks are larger than some called eagles. The Bald Eagle (Haliaeetus Leucocephalus) and the Golden Eagle (Aquila Chrysaetos) are two eagles that have several of the same characteristics and have several different ones as well. The Bald Eagle is the only eagle species living strictly in North America, and has a presence in every state in the US except Hawaii. Young (immature) Bald Eagles are light gray when hatched, and turn dark brown before leaving the nest at about 12 weeks of age. During their third and fourth years, Bald Eagles have a mottled brown and white color under their wings and on their head, tail and breast. The distinctive white head and tail feathers do not appear until they are 4 to 5 years old. Bald Eagles range from about 29-42 inches long, and can weigh between 7-16 pounds, and have a wingspan of 6 to 8 feet. This makes them one of the largest birds in North America. Bald Eagles residing in the northern US are larger than those that reside in the south. They have a life span of up to 30-40 years in the wild and longer in captivity. Bald Eagles are monogamous and remain faithful to their mate until death. Females lay one to three eggs annually, and the incubation period is approxim! ately 35 days. Only about 50% of Eagles hatched survive the first year. Strong endangered species and environmental protection laws, as well as active private, state and federal conservation efforts have brought back the USA's Bald Eagle population from the edge of extinction. There are now about 4500 nesting pairs and 20,000 total birds in the lower 48 states, and there are over 35,000 Bald Eagles in Alaska. America's Bald Eagles are back in strong numbers today, but they are still a "threatened" species in the lower 48 states. Breeding season last from November to April. Bald eagles mate for life and use the same nest each year. They build a huge nest (aerie) of sticks and twigs in a tree, or on rocky cliffs and average in size of 2 feet deep and 5 feet across. The nest takes weeks to construct and is increased yearly. Eventually some nests reach sizes of more than 10 feet wide and can weigh several tons. Bald Eagles feed primarily on fish, but also eat small animals (ducks,! coots, muskrats, turtles, rabbits, snakes, etc.) and occasional carrion (dead animals). Eagles swoop down to seize fish in their talons and carry it off, but can only lift about half of their weight. Bald Eagles can even swim to shore with a heavy fish using their strong wings as paddles. However, it is also possible that they can drown if the fish weighs too much. The Golden Eagle is a large brown and golden colored eagle that can be found in a variety of habitats in the western North America region including mountainous areas, canyons, shrub-land and grasslands. The Golden Eagle can also be found in Europe, Asia and northern Africa. The breeding range in North America includes north central Mexico, the western United States as far east as the Dakotas, Kansas and Texas, also Alaska, and across northern Canada. This bird of prey can weigh up to 15 pounds and can have a wingspan of 6 to 8 feet and a length of 30-40 inches. Females are often more noticeably larger than males as is true with most birds of prey. Young (immature) Eagles have a patch of white on the tail, and the adult tail is gray and brown. The Golden Eagle also builds large their nest out of sticks and twigs in a tree or on a cliff. The female lays 1-4 eggs (usually 2) and often does most of the incubation. The males provide most of the food while the females feed and tend! the

Writing for Criminal Justice Administrators Essay - 1

Writing for Criminal Justice Administrators - Essay Example It generally extends the normal working days to beyond eight hours. However, it minimizes the number of consecutive days a person works to less than five, for instance, in a schedule of around three days of 12 hours or four days of ten hours. In this instance, it will be a schedule of three days of 12 hours. Compressed workweek is advantageous, for the employers it is for their advantage because it permits the extension of working hours and; thus, it also results in the reduction of expenses linked with start-up costs (starting operations). For the employees, it gives them fewer working days. These are among the many advantages that compressed workweeks offer both to the employer and to employee. It will be imperative if the 12-hour day work shift is adopted. This is concerning the meeting held on Thursday 14 February 2013 about the adoption of a 12-hour day work shift. Enough research has been done on the viability of the changes, and it is in our view that the changes be adopted. After consultation with various stakeholders in the company, we have found that the 12-hour work shift will work for the benefit of all of us. Therefore, it is our expectation that the management team will give us the necessary support and attention. We have gathered all the resources needed for the realization of the changes. Compressed workweek has become popular in most organizations because of its flexibility and other benefits. The 12-hour work shift schedule is the preferred choice by most employees. The schedule offers extraordinary coverage during the peak times. The popularity of the 12-hour work shift is attributed to the fact that it tends to provide more off-days and compress the workweek. The schedule also stimulates greater effort and increases the motivation of the workers. It is essential that the population characteristics of the worker be considered during the selection of the work schedules. The way

Short - Term Financial Management Case Study Example | Topics and Well Written Essays - 1000 words

Short - Term Financial Management - Case Study Example The second section will also come up with accounts receivable investment assuming the annual sales of the company is 4 million dollars. Consequently, the paper will come up with the number of times the company will turn over some of its inventories. The CCC of the company measures the number od days it will take the company cash in from their client from their previous inventories (Sagner, 2014). Above CCC indicates that the payable will be made within 67 days and the inventory will be made available to the client and later sold to a singleclient on account. The client will then pay for the inventories within 67 days after buying it. The amount of days taken between the vendor payment and when the retailer receives the money from the client will be 67 days. The company has a smaller calculation meaning that it is good to the company. This means that the money of the company is tied in the inventory at a manageable time   (Studyfinance.com, 2015) The CCC of the company measures the number od days it will take the company cash in from their client from their previous inventories. Above CCC indicates that the payable will be made within 51 days and the inventory will be made available to the client and later sold to a singleclient on account. The client will then pay for the inventories within 51 days days after buying it. The amount of days taken between the vendor payment and when the retailer receives the money from the client will be 51 days   (Studyfinance.com, 2015). When the company maintains the accounts receivable of 5.589 million dollars, it will enable the company to extend loans free from interest to their customers. The accounts receivable investment is important for the company to carry out some of its business. From the calculation, the investment accounts receivable of 5.589 million dollars is healthy for the company. The figure is due to the controlled ambition of the company to collect their policies from the

Edgar Allen Poe Essay Example for Free

Edgar Allen Poe Essay Five Paragraph Essay Have you ever wondered about Edgar Allen Poes literary elements or themes? Read the stories called The Tell-Tale Heart , The Cask of Amontillado , Annabell Lee, and The Bells . Poes desired effects was to scare the audience from the story, Poe used a writing style called gothic horror. The first literary element seen by Poe was death. In the story of The Cask Of Amontillado the Fortunado suffocates . Another death occurs in the story of The Tell-Tale Heart , when the narrator kills the old man in the middle of the night. The story called The Bells the mother died of a disease. Poe creates horror because the deaths in the stories are unexpected. The second literary element seen by Poe was obsession. The Cask of Amontillado the Montresor is obsessed with getting his revenge. In The Tell-Tale Heart the narrator is obsessed over the old mans eye. The story of Annabell Lee he was obsessed with his wife. This creates horror because obsession is not a usual thing seen in other stories. The third literary element seen by Poe was insanity. The Tell-Tale Heart the narrator goes insane over the old mans eye. The story The Bells , the people in the town grow insanity from bells chiming.

From Oppressed Slaves to Champion Soldiers :: American America History

From Oppressed Slaves to Champion Soldiers This is just a small example of the doubt and hatred that was bestowed on the African American soldiers. However, during the war, they proved themselves to be brave and courageous men on and off the battlefield on many occasions. Despite deep prejudices and harsh criticisms from the white society, these men were true champions of patriotism. The cause of the Civil War was tension between the North and the South. The sectional division between the areas began in colonial times, largely resulting from geographical differences. The South was ideal for growing tobacco due to the warm climate and the fertile soil. Plantations brought in black slaves from Africa to provide most of the labor required for growing the crop. In time, other plantation crops such as cotton, sugar cane, indigo, and sugar beets were to thrive in the South. "By the onset of the Civil War, 2.4 million slaves were engaged in cotton production" (Long 16). A rural way of life that supported an agrian economy based on s lave labor was quickly established in the South. The North, however, was a cooler, rockier climate that would not support the development of plantations. As a result, the North's economy came to depend more on trade and industry than on agriculture. This economy supported the growth of cities, although many lived in rural areas during the colonial period. The sectional division between North and South had widened enormously by the mid - 1800's. The United States had expanded all the way to the Pacific Ocean and was rapidly becoming a major industrial and commercial nation. However, industry and commerce were centered in the North. The Northerners welcomed modernization and the constant changes it brought to their way of life. Their ideals included hard work, education, economic independence, and the belief that the community had the right and responsibility to decide whether an action was moral or immoral. While Northerners looked forward to a different and better future, Southerner s held the present and past dear. They enjoyed a prosperous agricultural economy based on slave labor and wished to keep their old way of life. By the 1800's, northerners viewed slavery as wrong and began a movement to end it. Even though an antislavery minority existed in the South, most Southerners found slavery to be highly profitable and in time came to consider it a positive good. From Oppressed Slaves to Champion Soldiers :: American America History From Oppressed Slaves to Champion Soldiers This is just a small example of the doubt and hatred that was bestowed on the African American soldiers. However, during the war, they proved themselves to be brave and courageous men on and off the battlefield on many occasions. Despite deep prejudices and harsh criticisms from the white society, these men were true champions of patriotism. The cause of the Civil War was tension between the North and the South. The sectional division between the areas began in colonial times, largely resulting from geographical differences. The South was ideal for growing tobacco due to the warm climate and the fertile soil. Plantations brought in black slaves from Africa to provide most of the labor required for growing the crop. In time, other plantation crops such as cotton, sugar cane, indigo, and sugar beets were to thrive in the South. "By the onset of the Civil War, 2.4 million slaves were engaged in cotton production" (Long 16). A rural way of life that supported an agrian economy based on s lave labor was quickly established in the South. The North, however, was a cooler, rockier climate that would not support the development of plantations. As a result, the North's economy came to depend more on trade and industry than on agriculture. This economy supported the growth of cities, although many lived in rural areas during the colonial period. The sectional division between North and South had widened enormously by the mid - 1800's. The United States had expanded all the way to the Pacific Ocean and was rapidly becoming a major industrial and commercial nation. However, industry and commerce were centered in the North. The Northerners welcomed modernization and the constant changes it brought to their way of life. Their ideals included hard work, education, economic independence, and the belief that the community had the right and responsibility to decide whether an action was moral or immoral. While Northerners looked forward to a different and better future, Southerner s held the present and past dear. They enjoyed a prosperous agricultural economy based on slave labor and wished to keep their old way of life. By the 1800's, northerners viewed slavery as wrong and began a movement to end it. Even though an antislavery minority existed in the South, most Southerners found slavery to be highly profitable and in time came to consider it a positive good.

Globalization And National Culture: A Chinese Dilemma Essay

The authors have discussed transformation of Chinese culture and its impact for Chinese individual in the wake of modernization and economic growth. The authors are concerned about the ethnic minorities that make up modern China; and the changing Chinese cultural landscape where ancient traditions are becoming obsolete in the wake of modernization.   The article depicts the two sides of a nation; individual wish to retain the older traditions; while the state wish to maintain one super culture for all Chinese people.   They cite the example of 2004 Athens Olympic, where Chinese Stage Director Zhang Yimou staged a grand spectacle for global audience presenting the â€Å"cream of Chinese culture†. Despite the glitz and glare of the event, it was dubbed as pseudo Chinese show developed for the Western audience only by Chinese government. The spectacle may not portray 100 percent Chinese culture perhaps staged to China to the world. However there is nothing wrong in marketing wrong one’s country to world. Being a part of the global economy, it is not China; any other country would do the same. One similar example can be seen in Egypt, where every year a grand event related to Egyptian culture is conducted to attract global audience. The emphasis is on the era of Pharaoh, which is appealing to the West, but less attractive for its own population. Egypt is an Islamic country; Islam clearly prohibits any kind of association with pagan rituals. For normal Egyptian any events related to Pharaoh are clear pagan rituals; which are unacceptable in a Muslim society. However the Egyptian government is bent on promoting a culture that is far removed from mainstream society. The main purposes of such events are to promote Egyptian culture to attract business and visitors to Egypt. Thus it would be wrong to assume that the China is promoting a pseudo culture, the basic purpose of such kind of events are to promote China and Chinese culture.   According to the authors China has preserved the traditions for thousands of years and now every aspect of life is going under change that for many Chinese individual is creating an identity crisis. Many are questioning the cost of change and the loss of the traditional Chinese culture. Many individuals want to retain the old values; while the state is promoting one grand culture through control and coercion. In such situation the authors believe that individuals are taking drastic measure in various ways to defend their culture. China is going through the same level of change as European nations faced in the wake of industrlization in 18/19th centuries. It’s natural for people with old school of thought to resist change; while other will push for change. The issue is that all cultures change through time; Chinese culture is no exception. For any change to take place, there are forces that resist change, even if a culture is no longer working and instead creating stagnancy in global world.   Some individual resist change and advocate for preserving the past as authors have mentioned. Others want the amalgamation of traditions and new ideas to form a culture that is more practical and workable in the changing world; Chinese government is working on second option. The resistance to change is not some thing new. For example French government has forbidden the use of English words except for words which French equaling vocabulary. An example of such resistance is the failure of star bucks in France, but is successful in rest of the Europe. China is the past two decades has been changing a lot by adopting Western technology and cultural ideas to become part of modern world. It can no longer afford to remain in a world which constantly changing and demands new way of living. It would be wrong to assume that Chinese people do not want to change and government is forcing them to change. Change is not becoming worse, but Chinese people have become wealthier than ever. It’s natural to come up with high-rise buildings that are better equipped sophisticated modern structures compared to older style slums and squatters which makes city crammed and over populated. The authors seem to have nostalgia for the past; where every thing looks perfect and grand, but the reality is far from true. Just two decades ago majority of Chinese people were barely surviving with meager resources. The reason for such way of life was traditional way of living dependent on agricultural economy.   The change from traditional way of living to modern era has brought some problems, but it has also given  rise sophisticated sky scrappers; modern infrastructure equipped with better facilities to cater for the international and local entrepreneurs. The State is now offering modern homes to its people that are located in ideal environment with better sewerage facilities and higher standard of living; which were unthinkable 10/15 years ago. The authors mention that millions of Chinese are resisting change in their surroundings because they feel a sense of belonging to the old way of living. Most of them according to authors are striving to maintain change and are busy in initiatives to resist state sponsor change at grassroots level. They mention the example of XU Yong photographer who preserved the pictures of local architecture and courtyard life in 10 years long movement. Similarly another writer Feng Jicai is mentioned who is fighting the government to preserve the old squatter and came up with idea of preserving it through maps and photos. The authors are trying to portray that perhaps state government is bent on running the Chinese tradition and culture, and people have no choice but to fight for it. The reality is far from true. For example China is now more open to ideas compared to the past. In 2006, for the first time Chinese Christians celebrated Christmas openly. Another change is the re-establishment of the older Chinese traditions. For example the annual homage service of tomb sites of emperors and high official have been institutionalized to celebrate the ancient Chinese culture, which was stopped after the 1940s revolution.   In mid 1980s, these traditions have been re-assumed by non-governmental and some government officials to promote such activities at national level which was unthinkable a few decades ago. Chinese government is also promoting the old Chinese tradition of Confucius and special books have been included in curriculum of the children to let them know of the past.   The reason for Chinese government to come up with a homogenous culture is that China is composed of countless minorities, if all ethnic groups want their ways, there would be little room left for central government to rule. Reference: WU Mei and GUO Zhenzhi, â€Å"Globalization, national culture and the.† University of Macau and Tsinghua

Particular religion Essay

I do not subscribe to any particular religion, but I believe in the transcendence of the human spirit, and that there is something greater than ourselves out there—an absolute entity that encompasses us all. Many could qualify this absolute being as a God, but the word holds many sociocultural implications such as worship or a personification of that being’s attributes that I choose not to call it as such. I believe in the universality of goodness and that the only way one could achieve happiness and fulfillment is by living an good and honest life. My life’s experiences led me to believe in the concept of an absolute being, however, religion is not integral to my beliefs. My beliefs are determined my my experiences and not by religion. I have realized that most religions are man-made, and thus do not have any legitimate claim to the truth. It is all too apparent today that there exist many different religions, sects, churches, and denominations, most of which have conflicting beliefs. I have not encountered any one that works for me. Growing up, I was initiated to the religion of my parents—that is, Christianity. As a youngster, it easy to unquestioningly accept whatever it was that was inculcated in me. However, as I have gotten a better understanding of the world and myself, I have realized that that religion is lacking—for me it does not provide the adequate explanation as to living my life in the fullest sense. Over the years, religion has become irrelevant. For me, religion is a matter of faith—something I have but not to the extent that I accept that everything one religion tells me is true. Being a generally empirical person, that is to say, that I believe that something must be proven for it to be true, the idea of a religion, as we traditionally know it does not hold any weight for me. Having qualified what religion means to me, I can say that my definition does not reduce it to what I, as Frederick Streng says, â€Å"happened to be acquainted with by accident of birth and socialization. † I recognize the existence of a myriad of ultimate realities and pluralities when it comes to reli ¬gion and that having an open mind is the key to understandings what each belief really mean to the people who have them. I would not say that I have an anti-religion view, but having said that I do not subscribe to one may give that impression. My belief does not mean that I eschew every other religion as being false. I believe that religion have redeeming qualities, and that anything that influences a human being to be good and be the best that one can be could not be that bad. I would like to believe that my open attitude towards the concept of religion eliminates any perceptual bias, or reduces in the least. In the same token, my definition encompasses all, since I do not believe in the absoluteness and infallibility of any one. I regard new and emerging religions on the same ground as the old ones. All provide the means to potentially transform an individual. While my definition attempts to encompass all religions, it may not have enough precision to address each and every one of them. Just as beliefs evolve as one matures, so does one’s definition of concepts and ideas. It’s possible that I still have not experienced enough to qualify a universal definition that applies to every one. However, I believe that the search for the true understanding of religion is an ongoing process, that a closer study of it would make a clearer picture of the religious life emerge.

Key aspects of legislation Essays

Key aspects of legislation Essays Key aspects of legislation Essay Key aspects of legislation Essay Summarise cardinal facets of statute law. regulative demands and codifications of pattern associating to ain function and duties. ( 7. 1. 1 ) The BTEC PTLLS award is necessary before a individual can learn at a Further Education establishment such as Aylesbury College. To back up this making Lifelong Learning UK has published a new set of overarching professional criterions 1 that any instructors in this sector will necessitate to adhere to. This describes in generic footings. the accomplishments cognition and properties for those that perform functions in this sector. It is confusing to hear that the making will shortly be replaced following the Lingfield reappraisal. Other countries of statute law. that is of import in the instruction context is the Health and Safety at Work act 1974. which states how all employers and employees need to take duty for their ain safety demands. Cardinal statute law that besides needs to be considered for the acquisition environment is the Data Protection Act 1998. The aggregation and analysis of personal informations is intrinsic to any learning establishment and this act defines UK jurisprudence on the processing of informations on identifiable life people. It is the chief piece of statute law that governs the protection of personal informations in the UK and in pattern it provides a manner for persons to command information about themselves. It is non merely in the IT country but for all systems and paperwork when covering with personal informations. within the IT country it is particularly of import to see when learning the design of systems security and entree processs. Another country relevant to learning IT are the Display Screen Regulations 1992/2002 which is an amendment to the Health and Safety act. this requires all employers who require their employees to utilize show screens to guarantee that the seating place and lighting is decently adjusted and that the employee can take regular interruptions from the screen. Other cover statute law that applies in the workplace but non specifically to a learning establishment are: * Race Relations Act 2000. * Disability Discrimination Act 1995 and 2005 ( DDA ) . * Equality Act 2010. This brought together the legion array of Acts and Regulations. which formed the footing of anti-discrimination jurisprudence in Great Britain. This was. chiefly. the Equal Pay Act 1970. the Sex Discrimination Act 1975. the Race Relations Act 1976. the Disability Discrimination Act 1995 and three major statutory instruments protecting favoritism in employment on evidences of faith or belief. sexual orientation and age. Regulations more specific to the instruction environment are the undermentioned: * Special Educational Needs and Disability Act 2001. The act required instruction suppliers to do sensible commissariats to guarantee people with disablements or particular demands were provided with the same chances as those who were non disabled. * Copyright. Designs and Patents Act 1988. A cardinal point here is that merely approximately 10 % of any published papers can be copied and circulated for educational intents before right of first publication is infringed. * IfL Code of Practice for Teachers ( 2008 ) . This is a straightforward codification of pattern for instructors to gives boundaries on their professional unity. behavior etc. * Safer pattern. safer acquisition ( 2007 ) – duties for safeguarding vulnerable grownups in the acquisition and accomplishments sector – published by NIACE and DES. Analyse ain duties for advancing equality and valuing diverseness. ( 7. 1. 2 ) In the category treatment on this subject. we discussed that equality is non handling everyone the same. it is instead handling everyone as unique to enable them every bit far as possible to hold equal chances to larn. this is what myself as a instructor will hold to work to accomplish. Promoting equality should take favoritism in all of the countries covered by the Equality act. Bullying. torment and victimization are besides considered as equality and diverseness issues. Diversity aims to recognize. regard and value people’s differences. and their ability to lend. A instructor should take to assist them make their full potency by advancing an inclusive civilization for all pupils ( and staff ) . Equality and diverseness is going more of import in all facets of our lives and work for a figure of grounds. Where I was antecedently working. the employees were recruited globally and could be posted anyplace. they were selected because they showed possible. Inclusivity and diverseness was to a great extent promoted as it was recognised that holding a diverse work force enhanced the company commercially. Peoples with different backgrounds bring different attacks to work outing jobs or commercial dialogues which is reflected in the company’s public presentation. In a college. recognizing. encompassing and valuing difference will take to betterments for everyone. including: * A more vivacious staff and pupil population ; * A better working and analyzing environment ; * Attracting and retaining the really best staff and pupils ; As a instructor I can advance equality and diverseness by: * Treating all scholars reasonably. * Making an inclusive civilization for all scholars. * Ensuring equal entree to chances to enable scholars to to the full take part in the acquisition procedure. * Enabling the scholars to develop to their full potency. * Equiping scholars with the accomplishments to dispute inequality and favoritism in their work/study environment * Making certain that any learning stuffs do non know apart against any persons or groups * Guaranting certain policies. processs and processes don’t discriminate It was discussed in category that equality can be promoted in different ways. such as discoursing in private with a pupil if they have jobs with dyslexia. which could be helped by the simple usage of different colored backgrounds to the powerpoints or press releases. A instructor must be cognizant of continually advancing inclusivity in all the class stuff and category treatments. some actions that can be positive are for case. prior to the category. look into the names. ages and any other inside informations of the scholars and if possible attempt to happen exposure or stuff that will hopefully be more relevant to their background. Although this shouldn’t be done to such an extreme to estrange others. it’s a all right balance. Besides it is good to do certain that different types of scholars are covered in the lesson program by distinguishing for larning manners. This besides helps to maintain the lesson interesting as one signifier of lesson bringing could acquire reasonably dull. One cardinal point would be to be careful of my linguistic communication. gags about stereotypes and insouciant remarks could easy do disaffection. It is besides necessary to hold a program on how to cover with inappropriate comments and behavior by the scholars. Within a college at that place will besides be other internal administrations available to run into the possible demands of scholars such as: * Student services / public assistance / fiscal assistance / pupil support * Careers services / advice and counsel * Learning wise mans / learning helpers * Learning troubles and disablements appraisal and support * International office for abroad scholars * Chaplaincy or medical services including sexual and mental wellness Coachs will be the chief point of contact for anything for a scholar so it is of import to understand how to acquire in touch with the assorted people working in the functions for my administration. Measure your ain duties in womb-to-tomb acquisition ( 7. 1. 3 ) In category we discussed the function and duties of a coach in womb-to-tomb acquisition. a figure of cardinal functions were identified. such as a coach needs to be knowing about the topic. but non needfully an expert. they need to be confident and pass on their points good. they need to be good organised with planned lessons and good timekeeping. The coach must put an illustration with their behavior. and direct the scholars. but in farther instruction. as opposed to mandatory instruction. you will non be moving as a leader and counselor. instead a facilitator. Of cardinal importance is set uping a contract with the scholars at the start of the class. so that they understand the boundaries that are set and what my outlooks of them are. In the FE sector this is more of import with immature grownups ( 16-18 old ages ) than in big instruction. Bearing in head that all scholars will be somewhat different and work at different degrees and may hold different demands. it is of import for me as a coach to understand this and if necessary give extra aid and counsel as required. Without regurgitating the full list of duties. some cardinal 1s to to boot pick out are: * Keeping up to day of the month with developments in the nucleus topic every bit good as maintaining up to day of the month with any new instruction guidelines or alterations to the course of study. * Promoting the scholars to come on and develop their callings by giving constructive feedback. * Continually reflect on my instruction public presentation and measure each session taught and alteration if necessary. Review ain function and duties in placing and run intoing the demands of scholars. ( 7. 1. 4 ) A cardinal duty would be to acquire to cognize the scholars in the category as persons. and to understand their different abilities and larning manners. The techniques already used in the first lesson would be a really good start. such as the acquisition manners questionnaire ( although reading of the consequences is really subjective. ) . the basic accomplishments proving. and the group debuts. The group debuts and the personal interview prior to get downing the class was a manner of understanding the motive of the scholars. and why they are set abouting the preparation. With this cognition the coach can take to guarantee that the lesson bringing is varied to accommodate the different demands of the scholars and give personal aid if necessary. These activities are portion of the Identifying Needs’ phase of the Teaching and Leaning Cycle and are documented by Gravells 2. although she has the functions and responsibilities a small baffled. As the class progresses. the coachs apprehension of the demands of the single scholars will go clearer as they get to cognize them. alterations and accommodations can be made to the lesson bringing. This is an application of Kolb’s Reflective Cycle. to set it merely – Planning. Doing. Reviewing. Learning and back to planning. Mentions 1 Lifelong Learning UK ( LLUK ) New overarching professional criterions for instructors. coachs and trainers in the womb-to-tomb acquisition sector. 2 Gravells. A. . ( 2011 ) Fixing to learn in the Lifelong Learning Sector Web sites World Wide Web. excellencegateway. org World Wide Web. ptllsresource. co. United Kingdom hypertext transfer protocol: //www. Manchester. Ac. uk/aboutus/equalityanddiversity/

Bonds and Trustees Essay Example | Topics and Well Written Essays - 1000 words

Bonds and Trustees - Essay Example This paper illustrates that the legal structure of a trust agreement to provide that the rights of the bondholders are vested in the trustee through the trust agreement which confers upon the trustee rights to â€Å"represent the holder in dealing with the issuer and to enforce action on their collective behalf†. By virtue of the trust agreement, subject to the provisions of the deed, the trustee shall represent the bondholder and the bondholder shall not be allowed to represent him/herself unless there is a breach of the agreement, which will render it unenforceable. Thus, the provision in the conditions of trust, which states, â€Å"no bondholder may take enforcement action against the issuer following a default unless the trustee, having become obliged to act thereon, has failed to do so† is valid. As held in case of Highberry Ltd v Colt Telecom Group Plc (No.2) a no-action clause is valid. Under Chapter 29 Part 1 of the Trustee Act 2000, the trustee has the duty to â€Å"exercise such care and skill as is reasonable in the circumstances, having regard in particular- (a) to any special knowledge or experience that he has or holds himself out as having, and (b) if he acts as trustee in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession.† The degree of care in transacting business for and on behalf of the bondholders binds the trustee to deliver what is in the best interest of the bondholder. The same rules apply as in the case of negligence. Therefore, where the trustee is faced with a situation where it becomes obliged to act, the failure thereof to act accordingly would constitute a statutory breach as well as of the agreement.

Abortion laws in the state of Ohio Term Paper Example | Topics and Well Written Essays - 750 words

Abortion laws in the state of Ohio - Term Paper Example The state encourages the practice of a compulsive delay of 24 hours prior to the abortion (Laws). This 24 hour period is to be used for the purpose of state-directed counseling (Laws). This piece of counseling information must be handed over to the licensed physician, who is going to conduct the operation (Laws). This 24 hour consent law even makes it mandatory for a woman to give some information to the physician upon a face to face meeting (Laws). The physician must retrieve the following information from the patient:- (Laws). It is only after all the procedures are completed, that the patient gets to sign an informed consent (Laws). The patient even has to declare that she is not under the influence of any drugs or alcohol at that point of time (Laws). If a patient is less than 18 years of age, a parent, legal guardian or custodian must go along with her to the pre-abortion visit (Laws). The law even requires that the parent/legal guardian/custodian, give their Informed Consent on the abortion (Laws). From the above discussion we can conclude that the abortion laws in the state of Ohio have been designed by the government with the intention of protecting the innocent fetus from the brutal process of abortion. The laws have been formulated keeping in mind the complete safety of the patients. Also, the requirement of parent’s consent criteria sounds veritably justified enough for a healthy and happy society. Sweigart, Josh. â€Å"Area representative at center of Ohio abortion controversy†. Springfield News-Sun. 27 Mar. 2011. 28 Mar. 2011. OKeefe, Paul. â€Å"Proposed Ohio abortion law would be one of strictest in country†. Wews Newsnet5.com. 8 Feb. 2011. 28 Mar. 2011.