A Technological Humanity Essay Example For Students

A Technological Humanity Essay The innovation encompassing everybody in current society influences regular exercises. Since the beginning of man, people have created thoughts to make life increasingly agreeable and simpler. From Galileos telescope to Gatess PCs, individuals have created items to improve their regular daily existences. The innovative headways from the beginning of time, influence mankind from various perspectives. PCs contain data here and there undesirable by others. They impact minds in both great and awful ways, and permit individuals to share data that they would somehow be not able to accomplish. Regardless of whether an individual doesn't claim a PC or charge cards, data about anybody can be found through this mechanical progression. Innovation, a few seconds ago starting to be controlled and bridled, is influencing the brains of little kids and young people in manners that might get destructive. It likewise gives another type of correspondence and trade of data already inaccessible. Anybody claiming PC can get to hostile material, for example, sex entertainment or brutal sites. With only a couple of snaps of a mouse, one can see a difficult that risks the countries good and moral qualities. Regularly the youngsters getting to such sites in the internet arent even mature enough to comprehend the total significance of human sexuality. All the more regularly, the grown-ups getting to these sites, who do have a typical comprehension of sexuality, get misshaped perspectives on ordinary sexual conduct. Savagery torment the boulevards of America today. On the off chance that children see criminals in Los Angeles carrying out drive-by shootings or the KKK consuming the cross, they get a misguided feeling of the real world. So as to spare our childrens blamelessness and Americas virtues, the Internet ought to be carefully directed. With the new online wave, minds of little kids, yet in addition young people and grown-ups become affected by outside data. As the psyche creates, things, for example, erotic entertainment is not, at this point the primary concern. Presently, as a result of the simple access to data, the fourteen years of age who has recently found that she bombed ninth grade can discover how to make a bomb out of family unit cleansers. The laid-off representative, the dumped sweetheart, and the unhinged psycho likewise find conceivably hazardous data at the tips of their fingers. What is to prevent people from utilizing weapons of mass devastation as opposed to submitting less brutal acts with this innovation close by? Interest of humankind has prompted the improvement of fluctuating kinds of vitality. Because of these new force sources, numerous results seen light. Sun based vitality is a very proficient strategy to deliver power. It is utilized in specific territories to charge things, for example, family utilities and lighting for freeways. This mechanical progression is very costly and space expending. The disclosure of Nuclear Fusion has created a discovery in science: atomic vitality. To creation of this force is not so much expensive but rather more full of feeling. Notwithstanding, the waste created after the fuel is scorched isn't recyclable. Atomic fuel is radioactive and can pollute miles of land if not appropriately arranged. Previously, Nuclear Plants have failed and caused extraordinary complaints with passings. Atomic Fusion has delivered atomic vitality as well as the most hindering innovative forward leap ever. Through Nuclear Fusion, weapons, for example, the Atom bomb, have made it conceivable to totally demolish the outside of the Earth. Synthetic Weapons were first utilized in World War I, and still assume an appalling job in the devastations regular today. An ongoing episode including Americans and Chemical Warfare was from the Persian Gulf Conflict where US officers were presented to concoction weapons. From that point forward, numerous troopers have gotten sick with an abnormal Gulf-condition that has been ascribed to Chemical Weapons furtively utilized by Iraq. .u1f871d68affd922cbd856dd94843dfc0 , .u1f871d68affd922cbd856dd94843dfc0 .postImageUrl , .u1f871d68affd922cbd856dd94843dfc0 .focused content zone { min-stature: 80px; position: relative; } .u1f871d68affd922cbd856dd94843dfc0 , .u1f871d68affd922cbd856dd94843dfc0:hover , .u1f871d68affd922cbd856dd94843dfc0:visited , .u1f871d68affd922cbd856dd94843dfc0:active { border:0!important; } .u1f871d68affd922cbd856dd94843dfc0 .clearfix:after { content: ; show: table; clear: both; } .u1f871d68affd922cbd856dd94843dfc0 { show: square; change: foundation shading 250ms; webkit-progress: foundation shading 250ms; width: 100%; murkiness: 1; progress: mistiness 250ms; webkit-change: obscurity 250ms; foundation shading: #95A5A6; } .u1f871d68affd922cbd856dd94843dfc0:active , .u1f871d68affd922cbd856dd94843dfc0:hover { darkness: 1; progress: haziness 250ms; webkit-progress: darkness 250ms; foundation shading: #2C3E50; } .u1f871d68affd922cbd856dd94843dfc0 .focused content zone { width: 100%; position: relative; } .u1f871d68affd922cbd856dd94843dfc0 .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; text-design: underline; } .u1f871d68affd922cbd856dd94843dfc0 .postTitle { shading: #FFFFFF; text dimension: 16px; textual style weight: 600; edge: 0; cushioning: 0; width: 100%; } .u1f871d68affd922cbd856dd94843dfc0 .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; fringe span: 3px; box-shadow: none; text dimension: 14px; textual style weight: striking; line-tallness: 26px; moz-fringe sweep: 3px; text-adjust: focus; text-improvement: none; text-shadow: none; width: 80px; min-stature: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/basic arrow.png)no-rehash; position: outright; right: 0; top: 0; } .u1f871d68affd922cbd856dd94843dfc0:hover .ctaButton { foundation shading: #34495E!important; } .u1f871d68affd922cbd856dd94843dfc 0 .focused content { show: table; stature: 80px; cushioning left: 18px; top: 0; } .u1f871d68affd922cbd856dd94843dfc0-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .u1f871d68affd922cbd856dd94843dfc0:after { content: ; show: square; clear: both; } READ: Of Mice and Men Argumentative Essay Chemical Weapons are incredibly perilous and unsafe to life. Threat being their sole reason, synthetic weapons influence people and nature extraordinarily. The impact of a substance weapon relies upon the sort utilized. Nerve operators can cause demise. Alongside their lethal properties, Nerve operators can be drab, scentless, and bland. Other Chemical operators, for example, mustard gas, can be utilized to render their casualties unfit to battle. Mustard gas causes enormous rankles on the skin and has caused numerous causalities in war. Other concoction weapons operators can be utilized to cause visual impairment, mental .

Tartuffe and Adventure Quest Play Analysis Essay Example

Fraud and Adventure Quest Play Analysis Essay Example Fraud and Adventure Quest Play Analysis Essay Fraud and Adventure Quest Play Analysis Essay Article Topic: The Importance Of Being Earnest Name: Guide: Course: Date: Fraud and Adventure Quest Play Analysis Question One In the fierce period of the seventeenth and eighteenth hundreds of years, deus ex machine was utilized to set up a disputable proposition. For instance, one scene in Adventure Quest shows the crowd the legends being protected from a terrible destiny by the king’s specialist. The play likewise utilizes deus ex machine when it closes. This is found in the scene where a passing naval official saves the savage kids. The creator applies this gadget to illuminate the crowd that the youngsters would have been harrowed with a horrible destiny if the official had not mediated at the correct second. At last, the completion changes the job of the funniness in the play. Diversion for this situation is supplanted by deus ex machine with the crowd being given a help through an upbeat end in opposition to what they were anticipating. Question Two By summing up a mind convention in a special point of view, the play â€Å"The Importance of Being Earnest† doesn't keep itself to a clever Lord Goring and Lord Darlington. The whole content for this situation incorporates wise absurdities and a solitary voice. This makes it difficult to set up characters that are clever purposely. The frequently adolescent Algy is a mind hesitantly. A differentiating scene comes through Algy’s brief laborer Lane. This difference achieves the topic of social class in the general public. The clever Algy has utilized Lane as his attendant and despite the fact that Lane has been managed the benefit of living in the house, their ways of life are very extraordinary. Question Three ‘The significance of being honest† is a brilliant case of a satire of habits and this is especially bolstered by Lady Bracknell’s job and her meeting with Jack. Bracknell applies the utilization of incongruity to challenge the rebellious arm of the framework. She battles this framework even she knows that loosing is unavoidable. Henceforth, she utilizes habits and incongruity as her weapons in this fight. The prevailing class in this general public is exhibited in the meeting. This meeting uncovers social class in this general public that at last cultivates habits. Question Four One monolog with a critical job in the play Tartuffe comes in Act I scene II when Dorian is outstandingly ready to communicate her feelings. This scene assumes the job of bringing out pace and beat. Asides and discourses were utilized habitually. The social and character comedies depended on creative action hence making development fast and specific in beat. The characters in this scene are exceptionally theatric and have clear mentalities. The comic and clever circumstances have a propensity of tearing the characters in this scene diverting and over the top occasion however a genuine perspective supplements the comic exterior. Question Five The play â€Å"Tartuffe† utilizes parody to assault human attributes and conduct yet with a principle target of improving these issues as opposed to declining them. Specifically, the Tartuffe parodied play essentially moves its emphasis on strict deception. Despite the fact that Tartuffe is an undeniable enemy and poser, he additionally speaks to the remainder of society that lectures strict perspectives however takes part in activities as opposed to their convictions and ethics. Specifically, strict parody in this play comes out through Orgon. Then again, the play â€Å"Adventure Quest† bears parody that rotates around a consumerist culture. The general public in this play supports acquisition of administration and products in incredible sums. At last, this is valid since financial request was in full power in the nineteenth to twentieth century.

Back toPaper in the Classroom Richmond Writing

Back toPaper in the Classroom Richmond Writing I have a penchant for mixing things up in class, if only to keep writers on their toes. For many semesters, I got away from any writing on paper in favor of blogs, digital stories, and wikis.   Now, in a literature course I last taught as paperless, some old friends (and nemeses) have returned: staples, margins, page numbers. Why have I returned to the 20th Century? When conducting a paper chase with 16 Writing Consultants and 18 literature students, I found that paper enables my Consultants to write the sort of commentary they will most likely write for our professors or in our Writing Center. In time, our faculty will embrace multimedia for many projects, but even then, Writing Consultants will need to understand the rhetoric of linear as well as associative, collaborative projects. One could do what Im doing with file exchanges, of course, and some faculty do just that. Im no stranger to MS Words track changes and embedded comments, but even as I write this post, a student has contacted me with a question: the introduction I returned to her, with my comments linked to text, does not seem to be working. Im not fond of MS Words dependence upon co-writers having similar versions. Ill probably have to switch to Google Docs to finish helping her. Its simply a simpler, and more ubiquitous, technology. Yet even that lacks the ubiquity of paper. Paper cannot show multimedia (yet). Paper cannot have live feedback forms or allow online tagging and collaboration (yet). Despite these limitations, Im most curious to see how a paper-based class goes for me this term. Stay tuned. Some tasks are, however, inefficient on paper. Id include sign-up sheets for Writing Consultants, whether done collaboratively or with a single editor, as in this example from my current lit. class. Everyone with the link can view the document from wherever they may be. I now consider Google Docs to be paper plus, since they preserve what is best about linear discourse but add collaborative features that are clumsy in Microsoft Office, a technology designed for print.

Some Essay - 1325 Words

Lab 3: Newton’s Second Law: The Atwood Machine Introduction: In the study of physics a lot of the basics were put in place by Isaac Newton. Out of the 3 laws of motion he had declared the second law states that force equals mass times acceleration (F=ma). The Atwood machine is a machine that has a pulley in the air and a string running through the pulley, some kind of mass is suspended by each end of the string. When the suspended masses are unequal, the system will accelerate towards the direction of the larger mass. In this experiment, we used different masses to the velocity of the Atwood system. The data we collect for this experiment are the differences in mass between the two masses, the distance the heavier mass has to fall†¦show more content†¦This lab was about the Atwood machine, a system consisting of a pulley in the air with a length of string running through the pulley and different masses on either side of the string. We had pulled the lighter mass to the ground, suspending the heavier mass in a known height that we had measured and recorded off the ground. We timed with a stopwatch the time it took for the heavier mass to hit the ground. We performed five trials for each of the three mass differences and calculated an average measured acceleration for each of the three. We detirmed the Atwood formula, A= g(m2-m1)/ (m2 + m1), which allowed us to find a theoretical acceleration using the masses of the two different masses, to be used to compare to our measured accelerations. For set 1, the two masses that we weighed were 50g and 55.5g, the difference of the two being 5.5g. The actual measured acceleration, which was detirmed by us using the stop watches was .164 m/s2 .The theoretical acceleration we detirmed by the Atwood formula is .52 m/s2. We then took these two measurements and put them in the percent error formula which is 68.46%. For set 2, the two masses were 50g and 61g, the difference of the two being 11g. The actual measured acceleration by us was .38 m/s2. The theoretical acceleration was .99 m/s2. Using these two numbers the percent error is 61.62%. For set 3, the two masses were 50g and 78.2g, the difference being 28.2g. The actual measuredShow MoreRelatedEssay on Some Like It Hot622 Words   |  3 PagesSome Like It Hot is an American screwball comedy film directed by Billy Wilder and featuring Marilyn Monroe as Sugar, Tony Curtis as Joe, and Jack Lemon as Jerry. Joe and Jerry are struggling musicians who accidentally witness a mob hit and become targets. To hide from the mob, they flee the state as members of a traveling women’s band, where further complications set in. 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What Are the Main Causes of Food Insecurity in the World...

What are the main causes of food insecurity in the world today? Outline and evaluate 2 or 3 possible solutions to food insecurity problems Currently, millions of people across the globe suffer from under-nutrition and hunger. In 2007, the UN (United Nations) estimated that there are approximately 850 million people who suffer undernourishment in the world today. It also reported that 799 million undernourished people live in developing countries, most of which are on the African and Asian continents. Reportedly, the major contribution to this international issue has been food insecurity (FAO, 2008, p.18). It affects people ranging from individual to national level with various†¦show more content†¦Under the circumstance, producers use less money for improvements on the nature of farming land such as fertilizers and manure which are normally not affordable by poor farmers (FAO, 2002, no page given).Thus it causes a bad effect on food production in developing countries and eventually food insecurity. Moreover, when natural disasters occur, poor households suffer great economic losses, resulting in deepening their poverty further. These losses can trap them in food insecurity. As a result, it seems that natural disasters are one of the causes of food insecurity. Now, the remainder of this essay will discuss solutions for the two causes of food insecurity which have been argued above. In order to solve food insecurity problems, improving agriculture can be one of the solutions. International donors and the government in developing countries had neglected agriculture for a long period and it causes food insecurity. In 2008, the World Bank, in its annual development report, admitted that greater investment in agriculture is needed to solve food insecurity problems (Makoni, 2010, no page given). Investment in agriculture can make the governments to ensure that farm materials and equipment are available to farmers at fair prices. Moreover, government is also able to ensure that farmers in the rural areas have easy andShow MoreRelatedMain Causes of Food Insecurity1680 Words   |  7 PagesWhat are the main causes of food insecurity in the world todayï ¼Å¸ Outline and evaluate 2 or 3 possible solutions to food insecurity problems. 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Barbados †Country’s Geographical Notes Free Essays

Barbados island nation in the Caribbean, is situated about 100 miles (160 kilometres) east of the Windward Islands. Roughly triangular in shape, it measures 21 miles from northwest to southeast and about 14 miles from east to west, with a total area of 166 square miles (430 square kilometres). Its capital is Bridgetown, the only seaport. We will write a custom essay sample on Barbados – Country’s Geographical Notes or any similar topic only for you Order Now Barbados is not part of the Lesser Antilles, although it is sometimes grouped with this archipelago. The island is of different geologic formation; it is less mountainous and has less variety in plant and animal life. The geographic position of Barbados has profoundly influenced the island’s history, culture, and aspects of its economic life. In the era of sailing ships, access to the island was difficult because of the prevailing winds from the northeast. Outward-bound ships from Europe had to gain the island while heading west, for it was difficult for them to turn and reach its shores by sailing eastward against the wind. The island remained a British possession without interruption from its settlement in the 17th century to 1966, when it attained independence. As the first Caribbean landfall from Europe, Barbados has functioned since the late 17th century as a major link between western Europe (mainly Britain), eastern Caribbean territories, and parts of the South American mainland. Because of its long association with Britain, the culture of Barbados is probably more British than that of any other Caribbean island. Since independence, however, cultural nationalism and regional awareness have tended to increase. The climate is generally pleasant. The temperature does not usually rise above 86 F (30 C) or fall below 72 F (22 C). There are two seasons: the dry season, from early December to May, and the wet season, which lasts for the rest of the year. Average rainfall is about 60 inches (1,525 millimeters) a year, but, despite the small size of the island, rainfall varies, rising from the low-lying coastal areas to the high central district. Barbados lies in the southern border of the Carribean hurricane zone, and hurricanes have caused great devastation. Barbados is densely populated. More than one-third of the population is concentrated in Bridgetown and the surrounding area. Most of the farmland is owned by large landowners or corporations. As a result, â€Å"tenantries† are as common as villages. Tenantries are clusters of wooden houses–locally known as chattel houses–located on the borders of the large estates; they are usually owned by the occupants but stand on rented ground from which they may easily be removed. Most of them have electricity and running water. The largest town is Bridgetown. In its commercial and administrative centre, multistorey buildings are altering the features of the 19th-century town. Apart from Bridgetown, Oistins, Holetown, and Speightstown are the largest towns. The population of Barbados was 257 082 in 1990. the average population density was 572 persons per sq. km (1482 per sq. mile) was notably high considering the predominantly rural agricultural character growth of population during 1970s and 1980s was kept below 1% by out-migration. The capital, largest city and only seaport is Bridgetown with a population of 6720 in 1990. About 90% of the total population black; the remaining portion is composed of whites and persons of mixed racial descent. English is the official language. More than 50% of the people are Anglicans; other important faiths include various protestant sects and Roman Catholic. Education is free to children between ages of 5 to 16yrs. Barbados has a small, market-oriented, developing economy. Services, manufacturing, and agriculture are the main productive sectors. Although Barbados had a relatively high per capita growth rate in the 1980s, unemployment, especially among the youth and women, has been a serious problem. Most of the employment is in services and distributive trades, the greater part of which has been unionized. The economy of Barbados has traditionally been dependent on the growing of sugarcane and the production of export of refined sugar, molasses and rum. Sugarcane is grown principally on large estates rather than on the small farms. The annual harvest is in the early 1990s totalled about 600000 metric tons. Local industries manufacturing clothing, furniture, electrical and electronic equipment and plastic items. Newly discovered reserves of petroleum and natural gas are being exploited. Fishing has also increased the importance. Tourists’ facilities have earned more foreign revenue than sugar products. The table below shows the origin of tourists to Barbados, the number of tourists visiting Barbados and the average GNP of tourists visiting Barbados ($US). The table below is refers to the question ‘why do fewer tourists travel shorter distances to Barbados from West Indies and South America? COUNTRY NO. OF TOURISTS TO BARBADOS AVERAGE GNO OF TOURISTS IN $US CANADA 65600 17936 SOUTH AMERICA 3500 3087 USA 170800 16664 UK 101200 11903 WEST EUROPE 33700 13333 WEST INDIES 64300 2798 Climate Figures For London The Advantages And Disadvantages Of Tourism To Barbados Barbados has many white sandy beaches and the beautiful sun, which often attracts holidaymakers. But the holidaymakers also bring many disadvantages to the country. The advantages and disadvantages are listed below in two categories. ADVANTAGES * When holidaymakers arrive the country often needs employees to work in hotels. E.G. waiters/waitresses, cleaners, bar attendants etc. * The country employs 15000 people. * Holidaymakers create other jobs such as in garages, factories, taxi drivers etc. * Tourism has encouraged the development of facilities which benefit the whole community. a) a deep water harbour b) an airport terminal c) a better road network d) an improvement in water supply, sewage, disposal, electricity. * Fisherman benefit as there is more fish needed to please tourist so the fisherman receive more money. DISADVANTAGES * Jobs have to shed labour at slack periods (Sep / Oct and May / June). * Cost was expensive to establish because of the need to import foreign manufactured goods such as vehicles and furniture. * Cost loses income for the country because a) food and manufactured goods still have to be imported, b) many hotels are foreign owned. The government is now trying to rectify by building hotels itself and encouraging local people tourists apartments. * Tourism has an effect upon agriculture by depressing it by draining it of workers. * The country loses money due to having the need to import goods such as Beef from New Zealand and Los Angeles. * Economy is dependent upon conditions elsewhere- recession in North America and Europe caused tourist numbers to fall by 5% in 1981. * Low moral standards in the tourists can have a bad effect on communities such as alcohol abuse and prostitution. * Tourist industries have affected land beach and sea resources. It is also responsible for increase in pollution on both land and sea. IS TOURISM HELPING BARBADOS? It’s very difficult question to answer whether tourism is helping Barbados or not. So to answer this question I had divided it into two categories â€Å"Positive† and â€Å"Negative. After considering all the points it will be easier to decide whether tourism is helping Barbados or not. â€Å"Positive† * because tourism brings money to island like Barbados through accommodation paid for by tourists, souvenirs sold to tourists e.g. clothes, steel drums, coral jewellery, tours organized by country’s community as they drive them around by giving toured rides etc. * because tourism supplies jobs for the country’s community e.g. in hotels as bar attendants, waiters/waitresses, cleaners etc., taxi drivers, fishermen/women etc. * because tourism stimulates the country’s market, even providing new markets. * because tourism has provided a better communication between races and cultures. * because tourism has provided the country with enough money to produce an airport, maintain better road links and conditions, and an improvement in water supply, sewage disposal and electricity. â€Å"Negative† * because tourism has also broken up communities by bringing so many tourists into the country that the communities are being denied access to the facilities provided. * because tourism has caused a loss in money by tourists expecting foreign manufactured goods e.g. food, furniture, vehicles etc instead of buying native products. * because tourism has caused a westernizing effect on culture and social standards, which can cause differences and may even cause the community to forget its background history. * because tourism has caused the environment to change by making buildings around the beach and buildings which do not fit in with the country’s environment. * because the agriculture workers have left the fields to work in hotels close to the tourists so there are not many people to work in the fields anymore. After considering this subject, I conclude that tourism has both positive and negative effects on Barbados. If tourism is not controlled, in future it will not have good effect on the country as the country will be changed i.e. there will not be clean beaches with beautiful white sand and crystal clear green sea water, beautiful palm trees or the green environment etc. this will changed by the community changing their environment to please the tourists by building more hotels and forgetting their culture. If you think carefully then you will realize that tourists are going to Barbados for its culture, its beautiful white sand and crystal green water, its green environment and of course the sun. On consideration, tourism can have benefits for Barbados- bringing employment, income and improved facilities. On the other hand it can bring pollution, destruction of the environment in order to build facilities, and can have a detrimental effect on the culture and community life. WHY DO FEWER TOURISTS TRAVEL SHORTER DISTANCES? In answering this question I have referred to table 1 on the previous page. The question asked is ‘why fewer tourists travels shorter distances to Barbados from South America and West Indies?’ My opinion on the question asked by many people is that GNP in both places is low and the vast majority cannot afford to travel abroad. If the country does not have a very high GNP they will not have much disposable income after all the main expenses are paid off e.g. mortgage, taxes bills, National Insurance (N.I), pensions, and road tax ( if car is involved). South America’s GNP is 3087. West Indies GNP is 2798 (the figures stated are calculated in $US). If you compare the GNP of countries like USA and the UK to that of the GNP of the countries like the West Indies and the South America you will notice that people in the USA and in the UK have much more disposable income. USA’s GNP is 16664. UK’s GNP is 11903 (the figures stated are calculated in $US). Another reason for answering this question is that in the West Indies and in South America the annual average climate is generally the same so the residents will not need to travel to find the sun and fine weather. WHY DO SO MANY PEOPLE TRAVEL TO BARBADOS FROM NORTH AMERICA EUROPE? The question asked is why do so many people travel to Barbados from North America and Europe. My suggested opinion is firstly because in countries in North America and Europe usually have a higher GNP meaning after all the main expenses are paid off (stated in the question ‘why do fewer tourists travel shorter distances to Barbados?’)they end up with enough disposable income to spend on the trips to places like Barbados. Another reason is that in places like Europe and North America the climate is too hot but there is either too little hot weather or the climate is not hot enough. There are not that many beautiful beaches like in Barbados. ‘WHY DO TOURISTS FROM NORTH AMERICA AND EUROPE TURN UP IN BARBADOS AT CERTAIN TIMES OF THE YEAR?’ My suggested answer for this question is because of hot climate. At certain times in the year the sun is out and the weather is basically hot, hot and hot with a lot of sun. The months when the climate is hot and sunny is at the end of December to beginning of June. The remaining months are mainly rainy months so you wouldn’t actually find many tourists around in Barbados. How to cite Barbados – Country’s Geographical Notes, Papers

Critiques On Wall Street Essay Example For Students

Critiques On Wall Street Essay The article, Greenspan gets another Fed term, in the New York Times discussed Alan Greenspans success and failures during his term. The article was fairly easy reading. I found some statements to be quite amusing however, there were some issues discussed that was a little ambiguous. Reading this article, I learned that President Clinton nominated Alan Greenspan to a fourth term as chairman of the nations central bank. I had no clue as to what the title of chairman of the nations central bank did. However, after reading this article, I had some ideas as to what role chairman of the nations central bank plays. Alan Greenspan makes decisions in the S P, NASDAQ, and DOW Jones markets. Alan Greenspan also approves interest rates, evaluate US currency against all other countries, makes sure the value of the dollar is at the best interest of the economy, decides on economic policies, and among many other things that I have yet to learn. The third paragraph into the article talks about fear of rising interest rates will negatively affect corporate profits. I do not understand how rising interest rates will negatively affect corporate profits. One guess might be due to the increase in interest rates, the percentage earned on stocks will decrease. This to me means that the taxes on the stocks will increase. Stockholders will have to pay more taxes on their stocks. Stockholders will not like this, therefore they will end up selling their stocks. This will negatively affect corporate profits. The article mentioned, Greenspan this year rank among the most formidable he has had to meet over his tenure at the Fe. Although he is adored at the moment, all of his fine work could be forgotten if he is unable to walk the tightrope of maintaining economic growth while keeping inflation low, sounds very threatening. It sounds like Greenspan better not screw up or else all his success, hard work, and accomplishments will be well forgotten. In a sense, it is true. Once Alan Greenspan makes a wrong turn, all hell will break loose and no-one will give him the benefit of the doubt. I found this statement real amusing. Clearly, the economy is strong and the financial markets have been exceedingly robust. But the pace that both the economy and the market are moving in are not sustainable long-term, is another statement I found quite amusing, but at the same time a little troubling. My question is, does this statement boil down to the cliche, too much of a good thing is too good to be true.? The economy and financial markets are at the best it has ever been, which means a downfall is somewhere in the future. One paragraph mentioned that the Fed is expected to raise the bench mark federal funds rate, currently at 5.5%, by one quarter of one percentage point in what would be its fourth interest rate increase since June 1999. I was really confused with the content of this statement. I found the wording really hard to comprehend. Finally, I figured out that what this statement was really trying to say is that interest rate is currently at 5.5%. Interest rate is expected to rise one quarter of one percentage point. This rise in interest rate will be the fourth time that it has risen. The article basically reviews Alan Greenspans work. There were ups and downs throughout Alan Greenspans term. The article mentioned when Alan Greenspan took command of the Fed, the stock market crashed. However, Alan Greenspan saved his reputation by flooding the banking system with funds, making sure that credit was readily available to everyone who needed it. This prevented the economy from going into a recession. Alan Greenspan recovered the recession in the early 1990 and was recognized for that. Although there were some downfall during Alan Greenspans term, but he cleared them up quickly and has done many great things for the economy.