Money and Banking Essay Example | Topics and Well Written Essays - 750 words

Money and Banking - Essay Example This is because the financial crisis has deeper roots. The global credit crunch has been traced by economists and media pundits to be caused by the sub prime mortgage crisis which has disrupted the US financial system, which effect has impacted many of the advanced economies of the world. According to the article, the ‘financialization’ of the US economy by speculative activities in order to hoard capital is the major reason for the global crisis—where the economy has overcapacity of capital but no increase in production in order to back it up. In order to understand it better, the authors have linked first the global financial crisis to the subsequent events that has appeared which may have been the trigger, but not the sole cause of it. While according to the article, this financialization process which is caused by speculation of capital increased the supply of capital in the economy, and not because of faster growth of production may have taken place a couple of decades ago, the trigger has occurred when asset bubbles appeared and the Fed has started ‘to make preemptive attacks.’ The trigger starts back after the 2000 stock market crash. According to the article, there are several policies which aimed to prevent â€Å"economic catastrophes† from happening. When the housing bubble occurred in 2006 at the same time interest rates are increased by Fed in order to regulate inflation, the housing sector as well as mortgage-backed securities faced a meltdown. This has been the start of the chain of events that lead to the global financial crisis. However, according to the authors, Fed’s efforts in order to address the crisis by bailing out several financial institutions will result in the effect that it aims to promote because the problem lies in a much deeper issue. While many economists and media pundits trace back the

Contraceptive Assignment Example | Topics and Well Written Essays - 500 words - 1

Contraceptive - Assignment Example It is positioned beneath the skin of the upper arm where it prevents pregnancy for about three years (Planned Parenthood, 2014). It is available in the market is available as Implanon and Nexplanon. This method works by releasing a hormone known as a progestin. The released hormone works in two ways. First, it prevents the eggs from leaving the ovaries and hence pregnancy is stopped by having no egg to come into contact with the sperm (Planned Parenthood, 2014). Secondly, the hormone keeps the cervical mucus thicker, and this further prevents the sperm from coming into contact with the egg (Planned Parenthood, 2014). The birth control has several advantages. The advantages are that this method is safe, simple, and convenient to those that use it. Moreover, it is a long lasting method of birth control and no medicine required to be taken daily (Planned Parenthood, 2014). The method also has some disadvantages. First, it may cause some side effects to some women. An example of side effects is irregular bleeding (Planned Parenthood, 2014). There are also challenges of the period. In some cases, the period gets lighter and may fail to occur while in other instances women may have a prolonged one (Planned Parenthood, 2014). Also, some women complain of more spotting and light bleeding between periods. Some caution is also required while using this method. The method should not be used by those women suffering from breast cancer (Planned Parenthood, 2014). The method should also not be used when severe cases are reported. Such cases may include pain at the insertion site, lack of period, and prolonged bleeding (Planned Parenthood, 2014). On the other hand, the method has no appropriate age group. It can be used by any person of the productive age. The method is also effective in controlling pregnancy. The effectiveness is seen as only about one percent of women that use this

The great depression Research Paper Example | Topics and Well Written Essays - 1250 words

The great depression - Research Paper Example The depression drastically changed living standards worldwide as people suffered losses of wealth and regular income. However, the depression initiated several policy responses to change the economic downturn. The period also witnessed the growth of the labor unions and various welfare schemes were introduced by the US government to cater for the unemployed. Several key government regulations and policies were also introduced to counteract the effect of the depression. Some of these policies did not help in improving the situation and contributed to a slower recovery period. It was only after the World War II that the country’s economy was back on the recovery track with increases in consumer spending and rises in employment (Romer; Smiley). The great depression caused huge declines employment, industrial production and growth and deflation in all countries worldwide. Beginning in the United States in the summer of 1929, the effect of the depression spread far and wide across many countries in Europe and Latin America and in Japan. The depression worsened during late 1929 and lasted up to 1933. During this period the industrial production in America declined by 47 percent and the GDP reduced by 30 percent. The wholesale price index or the deflation rate slumped by 33 percent and the unemployment rate increased by 20 percent (Romer). Several causes have been attributed to have caused the great depression. Monetary contractions by the Federal Reserve and a general decline in consumer spending are considered to be principle causes that initiated the depression. The stock market grew explosively during the 1920’s with the stock prices reaching its peak in 1929. In order to curb this rapid rise in stock prices the Fed eral Reserve increased the interest rates which caused the initial decline in consumer spending. This was followed by a gradual decline in stock prices which eventually led to rapid selling as investors began to lose

German Student Movement of the Late 1960s Essay Example | Topics and Well Written Essays - 750 words

German Student Movement of the Late 1960s - Essay Example The young Germans were of the view that the government failed to act and get over the post Nazi era. The students held that Nazi sympathizers were going unpunished and the people in authority had mentalities that were similar to those used to create the Nazi government. This and along with the many problems that existed in the university systems evoked sentiments of distrust and fear of the authorities among students. The grievances in the university system were associated with unfair representation of the students in their unions and university panels. The ex-Nazi professors brought the view that the administration was reminiscent of the infamous third Reich of the Nazi regime. The United States of America played a major role in influencing and determining the outcome of the 68er –Bwegung in West Germany. Though not physically, the United States clearly determined a clear path followed by the movement and contributed to the start of the riots. West Germany and America had clo se cultural and social relation after the war that helped in transnational exchange. The anti war movement in America instituted teach-ins that influenced the German student movement. The teach-ins produced intellectuals who shared an opinion that was in opposition to the Vietnam War. The war illustrated the worldwide spread of imperialism by America to the West German student organization, SDS, who saw the need for a global revolutionary alliance of activists of the first world against the cynical democracy that was the United States. Though the movement focused on the national grievances and problems in the university system at the time (Turner 166), the Vietnam War was a fundamental issue that was associated with the formation and sustaining of the German student movement. The transnational exchange system allowed the exchange of views as well as a sneak peak of the American society to Germans. This generated a part of the population that had more awareness of their rights and in creased civil rights actions. The increased popularity of left extremist movements converted many universities in West Germany into battlefields for ideas (Turner 166). The perception of the US government by the young generation started changing as they share views that are more liberal. The generation had a negative view of the occupation and thought their nation had not mastered its legacy in the post war period as because of the United States political influence. The students turned into critiques of the United States who joined the growing movements around the globe that were anti-America. Therefore, America through its social and cultural relation and activities with West Germany facilitated the arising of the German student movement as it resulted in creating intellectuals with more liberal views and civil rights awareness. The powerful uprisings in the united states in the 1950’s were significant in the emergence of the German student movement. Movements like the Afric an-American civil rights movement had strategies that advocated denunciation of a system and civil disobedience in order to attain equal rights for everyone. These beliefs and strategies motivated protesters, mostly students, to change their approach in protesting. They adopted methods that were more political, violent, and militant (Turner 171). The end of the Second World War saw the occupation of West Germany by the United States. The United States supported the government of Federal Republic of Germany, through the marshal plan, in its attempt to rebuild the economy and infrastructure. This resulted in developing a good relationship between the two nations and in the citizens of West Germany having a good opinion of America. The

Big Switch Network Design Essay Example | Topics and Well Written Essays - 2250 words

Big Switch Network Design - Essay Example Access policy list is also configured in the VLAN for defining the routes. Moreover, VLAN is considered as a broadcast domain. It concludes that the broadcast generates from one computer can only be received to the destination which is defined by some criteria in the broadcast domain. The advantage of VLAN implementation includes an efficient way of bandwidth utilization and eliminating the network from possible broadcast storms, which results in denial of service. Furthermore, by implementing VLANs, the capacity of switching technology is utilized to its full potential. VLAN also supports ‘VLAN trunking protocol’. The ‘VLAN trunking protocol’ will significantly reduce administration for the switched network. Addressing Security Issues and Deployment Approach for WAN A router is a core computing and packet processing devices in the Bigswitch computer network. Router connects two or more networks with different subnets, enabling the networks to expand on an e nterprise level. Logically the router builds a routing table, where it stores all the route addresses. For example, the data packet source and destination is stored in the routing table. The network administrator can statically define the network addresses which are called as ‘static routes’. ... As the current network design incorporates a core backbone, it is essential for the network to be operational and efficient. Cisco 3845 integrated service router will fulfill all the network requirements. The Cisco 3845 Integrated Services Router provides optimal performance for parallel services on the local area network including security, voice and enhanced services. Improved speculation is achievable by increased performance and modularity. The Cisco 3845 ISR consist of robust ‘WAN’ slots to improve density. The router supports over 90 modules for enhanced and latest network functionality. The router supports both copper and fiber interface. Keeping in mind that the cost must be kept to a minimum, the router supports power over Ethernet (POE). It is the revolutionary technology integrating data, voice and power on a standard CAT 5 Ethernet infrastructure. This technology provides power to the devices connected on the network in parallel. The security aspect is attrac tive as the router has built in features for data encryption. The router also supports up to 2500 Virtual Private Network tunnels for creating connectivity with campuses of Bigswitch enterprise network. However, the AIM-HPII-PLUS Module is required to support VPN capability in the router. VPN is further elaborates as it is created to improve security and productivity by combining Cisco VPN technology. Cisco VPN has proved to be a reliable name in the industry to connect remote offices, remote users and remote sites in a secure way. VPN is most widely used for remote connectivity solutions in all sizes of organizations. It is affordable due to the provision of public switched telephone networks (PSTN)

Comparison of the novel by Robert Penn Warren and the film Adaptation Essay - 2

Comparison of the novel by Robert Penn Warren and the film Adaptation - Essay Example However, the substance of the prose will highlight how successful was the screenplay in projecting the character’s emotion and their conflicts. One of the turning points in the entire story was how the relationship between Judge Irwin and Jack Burden was affected by the on-going power struggle of Willie Stark. Jack’s character is torn between the man, who had always been a father figure to him throughout his life and the man, who was everything he had wanted to be. In the book, Jack confronts Judge Irwin about the only scandal in his otherwise sterling career and personal life. The Judge admits to his sin as Jack openly blackmails him. The judge seems resolute and does not give in to his blackmail and later on Jack discovers through his mother that not only did Judge Irwin commit suicide, but he was also his biological father. (Warren, 2002) The book clearly elaborates upon the irony of their conflict, as the Judge bequeathed him the same dirty money that Jack was blackmailing him over. The conflict between Judge Irwin and Jack is depicted in a completely different light in the 1949 adaptation; as Judge Irwin’s character was replaced by Judge Stanton and the dramatic discovery of Jack’s paternity was completely omitted. The 2006 version did include this part and besides the dramatic finding, the movie shows a compelling exchange between the two characters; Judge Irwin hints at a dark secret but doesn’t reveal it that prepares the audience for what is to come and emboldens the element of suspense in the novel. (Zaillian, 2006) The movie depiction of this scenario somehow makes more sense than the book’s description. It wasn’t any flaw on part of the author but the actors and their respective involvement in their roles successfully projected the intensity of the emotion and the conflict they were embroiled in. The climax of the story is reached with Stark’s

FAA inspections on Boeing 737's and how it relates to Operations Research Paper

FAA inspections on Boeing 737's and how it relates to Operations Management - Research Paper Example It provides employment opportunities to over 170,000 individuals throughout 70 nations. It is also regarded as one of the oldest manufacturers of commercial airlines having its root from the last 40 years. It also manufacturers missiles, defense systems and satellites and is a major service provider to NASA (Boeing, 2013). The main aim of this research paper is to provide a broad description on the main reasons behind the Federal Aviation Administration (FAA) to order inspections of more than 1,000 Boeing 737 jets and to show appropriate reasons that the inspection of the airline can help the company in ensuring proper management of operations. Operation Management Operations management is considered as one of the most vital parts of an organizational life cycle irrespective of the fact that it is involved in producing goods or services or is functioning in private or public sectors. The main purpose or aim of operations management is to implement steps that may help the organization to operate efficiently. With reference to the article, â€Å"FAA Orders Inspections on Boeing's 737 Aircraft† by Andy Pasztor, it can be apparently viewed that the potential effect of factory defects in the manufacturing process of Boeing 737 has led the company to inspect more than 1000 Boeing 737s, causing an incurrence of total compliance costs of nearly US$10 million (Pasztor, 2013). The main steps which are usually followed in the process of operations management are discussed below: Contact customer: The first step in operations management is to obtain information on the demand, intension and the core customers/potential customers to buy the products’ produced. Moreover, conserving the contact information is also done to measure the market action (Mahadevan, 2009). Contribute a demand: The next step in the process is to propose a demand of service or product to the qualified customers. This can be done by offering a written proposal to potential customers. It is considered that business proposal is often determined to be a step in settling complex business processes. For instance, companies like Boeing usually adopt the policy of providing business proposals to potential airlines in order to offer them a broad description of the services they render and the way in which they differ from their competitors (Mahadevan, 2009; Neely, 1993). Sale: In this step, the contract or sale of the product is done to their potential customers. Establish a written procedure: In this vital step, both the parties agree upon a mutual agreement in keeping with the different aspects such as characteristics and date of supply of the final products among others. The step is recognized to be a vital part as both the parties are benefited from it (Mahadevan, 2009). Required resources: In this step, all the necessary equipments, products and additional resources needed to complete the project are verified. The costs of the entire requirements are measured to impleme nt it in inventory management (Mahadevan, 2009). Execution: In this phase, the written process is applied in the practical form, resulting in the formation of the defined product (Mahadevan, 2009). Effectiveness: The final expectation according to the contract or customer is measured. Delivery: This step involves the process of delivering the final product to the end customer. This step needs