Gender Socialization Essays - 1293 Words

Gender Socialization A baby is born and the doctor looks at the proud parents and says three simple words: Its a boy, or Its a girl! Before a newborn child even takes his or her first breath of life outside the mothers womb, he or she is distinguished and characterized by gender. The baby is brought home and dressed in clothes that help others identify the sex of the child. Baby boys are dressed in blue and baby girls are dressed in pink. The baby boy may be dressed in a blue shirt with a football or a baseball glove on it. The baby girl may wear a bow in her hair and have flowered pajamas. As the boy begins to grow, he is given a miniature basketball and a hoop to play with. The girl is given dolls an doll clothes to†¦show more content†¦In Nancy ChodorowÕs essay Ã’Family Structure and Feminine PersonalityÓ she examines the development of gender identity and personality. Except for the stereotypical examples I have given above which again are e stablished by the parents, Chodorow states that the development of a child is basically the same for boys and girls until the age of three. During those first three years the mother is the dominant figure in the childÕs life. The father plays a limited role until the child reaches the so called Ã’OedipalÓ period (beyond age 3). It is at this stage that children begin to try to separate themselves from the clutches of their mother and establish their own identity. Chodorow examines how different this is for boys and girls. KFRC radio disk jockey Ron Parker recently reported that out of a survey of one hundred fourth grade boys and one hundred fourth grade girls, the boys receive an average weekly allowance that is approximately 50% higher than the girls receive. On the average, the boy s receive $4.18 as compared to the $2.67 paid to the girls. To look even further, the survey reported that the boys only perform three household chores to earn their weekly allowance whereas the girls are performing twel ve or more. Why are the girls expected to do four times as much work around the house than the boys are?Show MoreRelatedGender Socialization And Gender Roles998 Words   |  4 Pagesattention to the gender equality issues many societies face. Is this increased awareness helping towards a neutral gendered socialization process which will inevitably eliminate the inequality? Gender socialization is the process where an individual is impacted by agents of socialization through their life stages which consequently creates the gender roles we see in today’s society. The only way to start working towards a gender equal world is by making changes towards the gender socialization process. GenderRead MoreAgents Of Socialization : My Family, Culture, And Gender861 Words   |  4 PagesSome agents of socialization that have had the greatest effect on me would be my family, culture, and gender. To begin with, culture has had a big effect on me in the sense that I am the complete contrary as my family members. It has affected me in a negative way since according to my family members, I do not act in a way that a Mexican person should. Since I am a vegetarian, my family often times accuse me of not being Mexican enough due to the fact that Mexican culture revolves around its foodsRead MoreGender Socialization : The Princess And The Frog920 Words   |  4 PagesGender socialization takes place in our everyday lives whether we subconsciously know it or not. Gender socialization is the socially learned expectations and behaviors associated with members of each gender. For example, If I were to say it takes my friend at least 45 minutes to do their hair before school everyda y, you would assume I am speaking about a friend who is a female as opposed to a friend who is male. This is because of the idea of gender socialization. As I stated earlier, gender socializationRead MoreGender Socialization1694 Words   |  7 PagesGender Socialization Sociology 100 Before a newborn child takes his or her first breath of life outside the mother s womb, he or she is distinguishable and characterized by gender. A baby is born and the doctor looks at the proud parents or parent and says three simple words: Its a boy, or Its a girl The baby is brought home and dressed in clothes that help friends, family and even strangers identify the sex of the child. Baby boys are dressed in blue and baby girls are dressed inRead MoreGender Socialization : Gender And Gender1040 Words   |  5 PagesWomen Studies 9 online Oct 8, 2015 Gender Socialization Gender, according to Lorber, is the product of a range of social forces that influence our gender construction through a system of reward and punishment. throughout my life, I have been taught to be a women by family and through society, all that at some point supported the goals I had for myself or created obstacles by challenging my own ideas of what meant to be a strong women. Gender socialization is the process by which individualsRead MoreGender Socialization Is The Aspect Of Socialization1492 Words   |  6 PagesGender socialization plays a part in pay gap within societies and America today. Gender socialization instills thoughts, behaviors, and attitudes into individuals throughout the lifespan. As a result, the outcomes of gender socialization, not only, prepares society for pay gap, but also prepares individuals to implement a gap in pay in relation to gender throughout societies. The discussion that ensues explains gender socialization and the impacts this has on, both, individuals and society in generalRead Moregender socialization992 Words   |  4 Pages Gender: Forced Upon American Society Growing up, many Americans childhood consisted of playing tag outside, having cooties, and experimenting with as many toys as possible. Hundreds of thousands of toys flood kid stores such as Toys R Us, Baby Depot, and KB toys. With imagination, kids are able to become doctors, presidents, and princesses during the contents of one day. Television shows such as Barney or Blues Clues encourage having such imagination, thus inspiring kids to want to becomeRead MoreGender : Sex And Gender Socialization992 Words   |  4 Pages Sex and Gender Socialization Before we learned this chapter, I didn t know that sex and gender are different to each other, all I know is that gender and sex have the same meaning which referred to male and female. Recently, I just learned the difference between sex and gender, which is sex is like our biological difference which what makes people male and female, while gender is what the society reinforces a person to be based on their expectations and behaviors of being a male and femaleRead MoreGender Socialization And Gender Roles999 Words   |  4 PagesEarly gender socialization is perhaps one of the most relevant issues and debates of early childhood. The beginnings of stereotypes for gender roles are typically established at birth, and continue a process of learning specific cultural roles and standards in accordance with the sex of the individual. Gendered interactions begin early in the family and hence influence the process of gendered socialization, as was such the case for myself growing up. Socialization comes from a number of sources:Read MoreEssay On Gender Socialization1574 Words   |  7 Pages Gender Socialization and Children’s Retail Children are known for absorbing information from the world around them. Therefore, what children are exposed to while they are growing is important, as they learn a lot from the world around them. In this paper, the process of gender socialization will be discussed and examined. In specific, how retail marketed for young children may have an effect on their development, especially as they distinguish gender. Socialization is general the process

Determining Who Boy # 1 s Biological Parents Are With The...

Title: In Search of My Father Name: Anja Arbeithuber Group: Erin P, Brianna S, Caitlin B and Tiarne N Date: 09/09/14 Aim: The aim of this experiment was to determine who boy #1’s biological parents are, with the use of DNA fingerprinting. Hypothesis: If DNA samples are collected from different mother and fathers, then it can be determined which DNA samples have common genes fragments. Background: Deoxyribonucleic acid, or in its’ simple form DNA, contains the code for all characteristics of an organism which is completed by a double helix structure. The structure is made up of a back bone and the four gene groups which include thymine, adenine, cytosine and guanine. The double helix structure contributes to the cell division process†¦show more content†¦DNA samples can be extracted from hair, blood and skin. Siblings have different DNA fingerprints because everyone has 23 pairs of chromosomes and for each pair one is one of your mother’s chromosomes and the other is your father’s chromosomes. Other than identical twins no other people have exactly the same DNA. DNA fingerprinting is used every day to determine whose parents or siblings are whose, it is used in crime scenes to determine who was at the scene, can be used to determine where a certain inherited gene is inherited from and it can be used to identify a body that is deceased. During elec trophoresis an electric current passes through the agarose gel, therefore moving the DNA samples through the gel. The smaller the DNA fragment the faster it moves through the gel. The finished product will look like a series of bands, some will match up and some won’t. The different bands in electrophoresis represent different gene fragments. Found at: http://evolution.berkeley.edu/evolibrary/article/mutations_02 Equipment: †¢ Micro pipet †¢ 6x Micro pipet tips †¢ Beaker †¢ Agarose gel †¢ Gel electrophoresis mould †¢ 6x DNA samples (pre- prepared) †¢ Gel electrophoresis chamber †¢ Transformer (150v) †¢ 750ml buffer solution †¢ Micro sample stand Diagram 1: Safety: †¢ No water close to the transformer and electrical cords. †¢ Power is turned off when plugging

Regulation Of Financial Market Manipulation â€Myassignmenthelp.Com

Question: Discuss About The Regulation Of Financial Market Manipulation? Answer: Introduction The North v Marra Developments Ltd [1981] case sets precedence in the area of marketing manipulation. As the facts go, stockbrokers had brought proceedings against a client company claiming remuneration for services rendered. In their defence, the client company argued that the contract under which remuneration was being claimed was an illegal contract and as such, they should not be required to pay. With regard to the contract in question, the brokers had raised the market price of the client company shares to aid the client in a takeover bid for another company as well as to mitigate the defendants vulnerability to a takeover. The court held that contract and the subsequent actions of the parties amounted to an illegality and as such fees could not be recovered by the plaintiff(White Collar Crimes and Serious Fraud Conference, 2010). The following report has been commissioned to analyse the arguments and findings in the aforementioned case. It will highlight any breach of duties ou tlined in the case and discuss the rationale behind the Courts findings. Further, the study will investigate the contributions the decision has made toward the development of Australian Corporations Law thus far. An Examination for Breach of Duties and Responsibilities The following segment aims to examine obligations that may have been breached as presented in the arguments outlined in the case study. The prime statute relied on in the determination of this case was the Securities Industry Act 1970(NSW). The conduct of the parties in the case was found in contravention of the provisions of Section 70 of the Act 1970 which prohibited the creation of false or misleading appearances of active trading of securities in the bourse(Armson, 2009). This prohibition extended to the manipulation of the market price of the securities. Any person found in contravention of this provision would be held liable for a breach of duty not to create false trading. From the case study, it can be adduced that the scheme to reconstruct Marras share capital and subsequent transactions on the Sydney bourse were aimed at establishing a market for the defendant company at a price that would facilitate the takeover offer by Marra to another company. The deliberate agreement t o manipulate the share capital so as to paint a particular picture amounted to a breach of duty as per section 70 of the Securities Industry Act 1970 (NSW). Further, the Securities Industry Act 1970 (NSW) also prohibited market rigging by engaging, either directly or indirectly, in the transactions that affected the price of a class of shares so as to influence a trade in this class of shares. In the case study provided, Marra Developments Ltd was interested in engaging Scottish Australia Holdings Ltd for a takeover action. The market price of Marras shares as discussed in the case study was crucial to the completion of negotiations and the success of the offer. This is because the Scottish share price at the time of negotiations was high and it was likely that without the proposed share price a shareholder at Scottish would have fared much better trading on the market than accepting the takeover offer. As such, manipulating the share price was crucial to influencing the purchase and as it was deliberate this amounts to an outright breach of the duty against market rigging. With regard to current legislation, the parties in the case study provided would have been held liable for breach of s 1041A of the Corporations Act 2001 (Cth) which prohibits market manipulation by providing that individuals must not, either directly or otherwise, engage in transactions that would likely affect the pricing of financial products in the stock market by creating an artificial price(Wilson Burns, 2017). This breach of duty constitutes a criminal offence punishable by imprisonment of up to five years. In Director of Public Prosecutions v JM [2013] HCA 30, relying on the findings by Mason J in North v Marra [1987] and the provisions of s 1041A, the High Court of Australia found the actions of the defendant to be in breach of the provisions of statute and as such he was held guilty of market manipulation. The defendant had been brought before court on charges that he has conspired with his daughter and son in law to manipulate the trading price of X Ltd on the ASX. In addition to the contraventions illustrated above, the law also bestows certain obligations on company directors for which the actions of the parties in the case study herein amount to breach. Directors and other officers with controlling powers in an organisation must exercise their powers and execute their duties in a manner that adopts a reasonable degree of care and diligence(Langford, 2014). This is a fiduciary duty adopted into Australian Company law via the provisions of s 180 of the Corporations Act 2001 (Cth). In exercising this obligation, a director must demonstrate that any actions or inactions taken with regard to company affairs were rational and lack the element of material personal interest(ASIC, 2016). In the case study provided it is evident that albeit their intentions were for the overall benefit of the organisations, the transactions undertaken were illegal. A reasonable director or company official exercising due diligence and care would desist from any transa ction that would result in an illegality on the part of the company. As such, the directors and officers involved were in breach of their duty of care and diligence. A Critical Analysis of the Courts Decision Ultimately, the position of the Court, in this case, was that the appellants could not claim remuneration as the contract for which they had rendered their services was illegal. Stephen and Aickin JJ, having analysed the reasons for illegality provided by the respondent were convinced that the agreement and subsequent transactions of both parties constituted an illegality and such conduct was in contravention of section 70 of the Securities Industry Act 1970 (NSW). The judges stated that the conduct of the parties illuminated a conspiracy under common law which led to an offence as per s 70 described above. They, therefore, held that the appeal be dismissed as the amounts claimed could not be recovered on an illegality. In his determination, Mason J acknowledged the finding by Mahoney J.A at a prior hearing that the plaintiffs and defendants had conspired in a scheme to reconstruct Marras share capital and to establish a market for the companys stock by engaging in transactions on the stock exchange. This conclusion is supported by the discussion between Mr North from the appellant company and Mr Killen a director from the respondent company as well as the answers to the interrogatories. In the discussion, the parties expressly acknowledged that the purpose of the arrangement was to establish a market so as to subsequently boost the success of the takeover bid. Further, in his determination, Mason J upheld the finding of the previous court that the references in the documents prepared by the stockbroker company to the Stock Exchange with regard to the share price were misleading. In the documents in question, the intended price of $16.50 was quoted as the market value, market price and sale price on accession. However, these references lacked backing by way of disclosure ascertaining the companys operations in the market. In essence, Mason J agreed that this lack of disclosure was purposeful to mislead a reader as to the significance of the price in future transactions like the takeover bid. In his analysis and determination, Mason J assumed the objective of the provision of s 70 of the Securities Act to be the protection of the securities market against any activity that would constitute artificial or calculated manipulation. In his view, manipulation would pervert the market price as it ceases to be a result of the interchange between genuine market forces(McIntyre, 2014). As such, this provision was a statutory measure to ensure a real and genuine securities market. He further held that mere calculation to create a false or misleading appearance accounting to breach; activities did not necessarily have to create the breach outlined. As such, culpable manipulation is determined by the intent to engage in an activity that would constitute a false appearance(Horefield, 2007). Guided by this analysis the court was, therefore, able to come to the conclusion that the appellants could not claim a recovery of costs for services rendered as their actions amounted to an illegality by virtue that they were a contravention of section 70 of the Securities Industry Act 1970 (NSW). The Relevance of the Decision to the Development of Australian Corporations Law As aforementioned, the North v Marra Developments Ltd [1981] case set precedence in corporate law and regarded as a leading case in issues of price manipulation and false trading. The holding in the case has been adopted in subsequent cases and its principles reiterated in subsequent legislation. The Corporations Act 1989, under s 997, provided a prohibition against stock market manipulation. This provision, in essence, adopted themes from the conclusions drawn in North v Marra Developments Ltd [1981] and similar prior cases such as Cargill Inc v Hardin {1971] USCA8 443. The current legislation, the Corporations Act 2001 (Cth) maintains the principles upheld in the case via a prohibition on market manipulation and false trading provided for under ss 1041A and 1041B of the Act. The provisions of the aforementioned statute have been further developed through judicial interpretation evinced in case law. Cases such as ASIC v Soust [2010] FCA 68 relied on the rationale adopted in the case in question to analyse and determine the concept of artificial price with regard to price manipulation. In this case, a company director had purchased shares in his mothers name prior to close of the market for the year in anticipation of increasing the share price in order to earn a larger bonus under his employment contract(Inhouse Legal, 2017). The court found the director in contravention of ss1041A and 1041B of the Corporations Act guided by the reasoning in North v Marra Developments Ltd [1987] with regard to interpreting the concept of artificial price. Similarly, in Director of Public Prosecutions v JM [2013] HCA 30, the court relied on the rationale in North v Marra Developments Ltd [1987] to interpret the concept of genuine supply and demand.(Carter Newell Lawyers, 2013) As held by Mason J, this notion excludes parties whose transactions are aimed at setting or maintaining the share price. As such, the actions of the defendant in the case could not qualify as genuine as they were aimed at creating an artificial price. He was therefore found to be in contravention of s1041A of the Act 2001 (Cth). Conclusion From the discourse above it is evident that the main issue outlined in the North v Marra Developments Ltd [1981] case was the creation of false or misleading appearances in order to manipulate the price of securities. In this case, the stockbroking company laid claim to costs for services rendered to Marra Developments for a transaction culminating in a takeover contract. The Court in its deliberations upheld that the conduct of the parties amounted to a contravention of s 70 of the Securities Industry Act 1970 (NSW) as they have purposefully engaged in transactions that affected the market price of the companys shares in order to influence the success of a takeover bid with another company. This contravention further amounts to a breach of duty as illustrated above. Additionally, the discussion illustrated how the principles highlighted by Mason J in the case have affected the development of Corporations Law in Kenya. The case is considered a leading precedent in false trading and p rice manipulation cases. Further, the principles have been maintained and incorporated in subsequent statutes such as ss 1041A and 1041B of the Corporations Act 2001 (Cth). Therefore these illustrations, as discussed above, illustrate the significance of the holding in this case to Australian Corporations to date. References Armson, E., 2009. False Trading and Market Rigging. s.l., business Law Teachers Association Conference. ASIC v Soust (2010) FCA 68. ASIC, 2016. Directors-What are My Duties as A Director?. [Online] Available at: https://asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors/directors-what-are-my-duties-as-a-director/ [Accessed 3 February 2017]. Cargill Inc v Hardin (1971) USCA8 443. Carter Newell Lawyers, 2013. What Amounts to artificial market manipulation of share prices. [Online] Available at: https://www.carternewell.com/page/Publications/Archive/What_amounts_to_artificial_market_manipulation_of_share_prices/ [Accessed 19 September 2017]. Corporations Act 1989 Corporations Act 2001 (Cth) Director of Public Prosecutions (Cth) (DPP) v JM (2013) HCA 30. Horefield, D., 2007. Review of Sanctions for Breaches of Corporate Law. Sydney: Securities Derivatives Industry Association. Inhouse Legal, 2017. Compliance: Theory and Practice in the Financial Services Industry. [Online] Available at: https://www.inhouselegal.com.au/Compliance_Course/lecture_4.htm [Accessed 19 September 2017]. Langford, R. T., 2014. Director's Duties: Principles and Application. s.l.:Federation Press. McIntyre, G., 2014. Reforming the Regulation of Financial accounting Market Manipulation, s.l.: University of Sydney. North v Marra Developments Pty Ltd (1981) HCA 68. Securities Industry Act 1970 (NSW) White Collar Crimes and Serious Fraud Conference, 2010. Insider Trading and Market Manipulation. s.l., New Zealand Governance Centre. Wilson, J. Burns, A. G., 2017. Stock Market Manipulation Trials: Avoiding the Traps, s.l.: Denv

Lord Of The Flies By William Golding Essays (1137 words) - Fiction

Lord Of The Flies By William Golding The classic novel Lord of the Flies by William Golding is an exciting adventure deep into the nether regions of the mind. The part of the brain that is suppressed by the mundane tasks of modern society. It is a struggle between Ralph and Jack, the boys and the Beast, good and evil. The story takes a look at what would happen if a group of British school boys were to become stranded on an island. At first the boys have good intentions, keep a fire going so that a passing ship can see the smoke and rescue them, however because of the inherent evil of the many the good intentions of the few are quickly passed over for more exciting things. The killing of a pig slowly begins to take over the boys life, and they begin to go about this in a ritualistic way, dancing around the dead animal and chanting. As this thirst for blood begins to spread the group is split into the "rational (the fire-watchers) pitted against the irrational (the hunters) (Dick 121)." The fear of a mythological "beast" is perpetuated by the younger members of the groups and they are forced to do something about it. During one of the hunters' celebrations around the kill of an animal a fire-watcher stumbles in to try and disband the idea of the monster. Caught of in the rabid frenzy of the dance, this fire-watcher suddenly becomes the monster and is brutally slaughtered by the other members of the group. The climax of the novel is when the hunters are confronted by the fire-watchers. The hunters had stole Piggy's (one of the fire-watchers) glasses so that they may have a means of making a cooking fire. One of the more vicious hunters roles a boulder off of a cliff, crushing Piggy, and causing the death of yet another rational being. The story concludes with the hunters hunting Ralph (the head and last of the fire-watchers). After lighting half of the island on fire in an attempt to smoke Ralph from his hiding place, they chase him on to the beach only to find a ships captain and crew waiting there to rescue them, because he saw the smoke. The novel is packed full of symbolism and irony. Golding also communicates his message quite well. "The title refers to Beelzebub, most stinking and depraved of all the devils: it is he, and not the God of Christians, who is worshipped (Burgess 121)." This is just one of the many examples of symbolism. Another would be that as the story progressed characters names slowly begin to change. A pair of twin boys, Sam and Eric, became know as Samneric, a single unit. Another boy completely forgot his name because he was just lumped into the group know as the little'uns. This is symbolic of the break down of the basic structure of society, identity. If a person does not know who he is then he can never function properly in society. The other tool that Golding uses very well is irony. It is very ironic that the group of boys finally get rescued because they accidentally lit the island on fire hunting down the last of the fire-watchers. From these example it is easy to make a conclusion on the message the William Golding was trying to convey when he wrote Lord of the Flies. "In Lord of the Flies he [Golding] showed how people go to hell when the usual social controls are lifted, on desert islands real or imaginary (Sheed 121)." Despite being heavily involved in the war efforts during the second world war, Golding managed to not become a war novelist, this does however, somewhat explain why most of the conflicts in his books are basic struggles between people. "He [Golding] entered the Royal Navy at the age of twenty-nine in December 1940, and after a period of service on mine sweepers, destroyers, and cruisers, he became a lieutenant in command of his own rocketship (Baker xiii)." So many of the authors of his time used the war as the back ground or main conflict in their books, but not Golding, he is able to use the war as his inspiration and write about the most primitive and basic struggles that man has. One must not think that Golding did not go unchanged from the war, because analysis of his pre-war poetry shows a much softer, more forgiving Golding. Golding's basic philosophy can be

The eNotes Blog 5 Greek Love Myths and How to Apply Them toReality

5 Greek Love Myths and How to Apply Them toReality Though the Ancient Greeks didn’t celebrate Valentine’s Day, their myths are full of romance. Take a leaf out of their book this February 14th (or maybe don’t). 1. Apollo and Daphne: Don’t chase - it’ll work out better for everyone. Virtuous maiden Daphne was wandering around in the wilderness when the sun god Apollo showed up. He toppled head-over-heels in love, and she toppled head-over-heels trying to get away. He took off after her, and unfortunately for Daphne, she wasn’t winning. Instead of conceding defeat, at the last minute she asked her dad, a local river god, to turn her into a tree. Problem solved. Sort of. 2. Zeus and Io: Cheaters are cows - literally. One day Zeus took a fancy to the lovely mortal Io. Hera, the ever-suspicious wife of Zues, came down to investigate. In a burst of quick thinking, Zeus turned Io into a heifer (so as to be caught with a cow rather than a woman). Hera saw through this and asked for the cow as a present. Io was handed over and made to wander the deserts of the world mooing. So, ladies, no matter what he says, he’s never actually going to leave his wife- and you’ll probably end up a cow and have to trek all the way to Egypt before you finally get turned back into a human. 3. Echo and Narcissus: Some people just like to listen to themselves talk. Echo was a nymph with a problem. She couldn’t hold a conversation to save her life, probably because she couldn’t speak except to repeat the very last words that someone else had said. It’s not surprising she chose the self-absorbed Narcissus as the perfect partner, since he liked nothing better than to listen to himself talk. But it wasn’t to be. It turned out that Narcissus had rejected one too many suitors of his own, and the god of revenge made sure Narcissus learned a lesson: after falling hopelessly in love with his own unattainable reflection, Narcissus wasted away to nothing. Echo disappeared with him, leaving only her voice behind. 4. Orpheus and Eurydice: Have something good? Take it and run. Don’t look back. Picture a rockstar, but in Ancient Greece. Swap his guitar for a harp, leather pants for robes of white, and hair gel forwell, nothing. But you get the picture. That’s Orpheus. Things actually seemed to be going well for him and the lovely Eurydice, until she got bitten by a snake and that was it for her. Off to the Underworld. Orpheus, however, wasn’t going to take no for an answer. He finagled an audience with Hades and sang his way to a get-out-of-jail-free card for Eurydice. There was only one condition: he couldn’t look at her until he got her out of the realm of the dead. You can guess what happened. Back to the Underworld. He tried to sing her out again, but they’d already heard that tune. No luck for Orpheus. 5. Odysseus and Penelope: Don’t lose faith - he or she is still out there! Odysseus and Penelope fell in love and married. Ah, you think you see something bad coming, but you’re wrong. Well. Not entirely wrong. Odysseus did get drafted into the ten year Trojan War. And while he was gone Penelope did have to fend off an army of greedy suitors who wanted her hand in marriage. And it did take Odysseus ten extra years to get home. But they were reunited after twenty years and, after Odysseus slaughtered all Penelope’s suitors, they lived happily ever after.

Definition of Descent With Modification

Definition of Descent With Modification Descent with modification refers to the passing on of traits from parent organisms to their offspring. This passing on of traits is known as heredity, and the basic unit of heredity is the gene. Genes are the blueprints for making an organism, and, as such, hold information about its every conceivable aspect: its growth, development, behavior, appearance, physiology, and reproduction. Heredity and Evolution According to Charles Darwin, all species descended from only a few lifeforms that had been modified over time. This descent with modification, as he called it, forms the backbone of his Theory of Evolution, which posits that the development of new types of organisms from preexisting types of organisms over time is how certain species evolve. How It Works The passing on of genes is not always exact. Parts of the blueprints may be copied incorrectly, or in the case of organisms that undergo sexual reproduction, genes of one parent are combined with the genes of another parent organism. That is why children are not exact carbon copies of either of their parents. There are three basic concepts that are helpful in clarifying how descent with modification works: Genetic mutationIndividual (or natural) selectionEvolution of the population (or species as a whole) It is important to understand that genes and individuals do not evolve, only populations as a whole evolve. The process looks like this: Genes mutate and those mutations have consequences for the individuals within a species. Those individuals either thrive or die out due to their genetics. As a result, populations change (evolve) over time. Clarifying Natural Selection Many students confuse natural selection with descent with modification, so its worth repeating, and further clarifying, that natural selection is part of the process of evolution, but not the process itself. Natural selection comes into play, according to Darwin, when a species as a whole adapts to its environment, thanks to its specific genetic makeup. Say at some point in time two species of wolves lived in the Arctic: those with short, thin fur and those with long, thick fur. Those wolves with long, thick fur were genetically capable of living in the cold. Those with short, thin fur were not. Therefore, those wolves whose genetics allowed them to live successfully in their environment lived longer, bred more frequently, and passed on their genetics. They were naturally selected to thrive. Those wolves who were not genetically adapted to the cold eventually died out. Furthermore, natural selection doesnt create variation or give rise to new genetic traits- it selects for the genes already present in a population. In other words, the Arctic environment in which our wolves lived did not prompt a series of genetic traits that didnt already live in certain of the wolf individuals. New genetic strains are added to a population through mutation and horizontal gene transmission- e.g., the mechanism by which bacteria become immune to certain antibiotics- not natural selection. For instance, a bacterium inherits a gene for antibiotic resistance and therefore has a greater chance of survival. Natural selection then spreads that resistance through the population, forcing scientists to come up with a new antibiotic.

Toyota PR Crisis Review Thesis Example | Topics and Well Written Essays - 6250 words

Toyota PR Crisis Review - Thesis Example The case chosen for the study has been that of Toyota Motors Corporation which was hit badly by a spate of unprecedented issues regarding the aspect of communications with regards to a manufacturing defect in the product and the strategies adopted by the firm to address the issue. The study would analyze how an organization can use a crisis situation and effectively handle it out to extract benefits out of a negative situation. The study would consider the various theories related to the aspect of communications in crisis management and would also discuss how an effective handling of the issue can lead to prospective advantage of the organization. Various theoretical models would be used to analyze the shortcomings in the actual strategy of the firm. It would suggest better possible strategies that could have been adopted by the organization so as to generate loyalty among the existing and prospective customers. Introduction Communications form a vital aspect in the business prospect s of an organization. Communications can be both internal as well as external. Internal communication refers to the communication of an organization with its internal stakeholders like suppliers and employees. External communication involves communication between the organization and the external entities which include customers, press, media etc. This is especially important in the modern day business environment of business which is governed by globalization and internet. Media and press have a large influence with regards to the spread of information. The advent of internet has widened the reach of these players to a wide variety of audience. Media and press also enjoy a good rapport with the general public which even accentuates their importance for business organizations as any news about a firm can have both positive as well as negative effects on the positioning as well as the brand image of the firm. The present study would analyze the role of media and press in affecting th e policy making of the organizations. The organization selected for the study is Toyota motors. The choice of the organization assumes significance considering the fact that the organization is one of the largest car makers of the world and was also hit by a series of major scams involving the press releases of the organization. The concept of public relations has been one of the most important aspects that govern the influence of media in a business organization. The role of the public relations departments involves handling the aspect of external communication in a manner that the message to be communicated brings about a positive development for the organization. The main aim of the public relations office is to filter out and sent message that help in not only improving the brand image of the firm but also to ensure a better relationship with its suppliers, shareholders, suppliers and other stakeholders. The growth of internet has made the spread of information assumes lightenin g speeds. Social networking and various blog sites have enabled access to information to millions of users across the world. The channel of public relations has also been used by business organiza

Ohio Infant mortailiy rate Essay Example | Topics and Well Written Essays - 750 words

Ohio Infant mortailiy rate - Essay Example The two journal articles are â€Å"The Impact of Prenatal WIC Participation on Infant Mortality and Racial Disparities† (Khanani et al., 2010) and â€Å"Infant death among Ohio resident infants born at 32 to 41 weeks of gestation† (Donovan et al., 2010). The journal article by Khanani et al. (2010) entailed a research project that sought to assess the significance of Special Supplemental Nutrition Program for Women, Infants, and Children as a measure to enhance birth outcomes and reduce racial disparities in Ohio. On the other hand, the journal article by Donovan et al. (2010) entailed a research project that sought to assess the infant mortality rate of Ohio children born at 32 to 41 weeks. Apparently, the two journal articles have different research questions. The article by Donovan et al. (2010) sought to determine the gestational age-specific and the adjusted infant mortality rates for Ohio residents. The journal article by Khanani et al. (2010) sought to establish how prenatal Women, Infants, and Children services influence infant mortality rate and racial disparities in Ohio. Notably, the two articles used a retrospective cohort design to collect data. In the article by Donovan et al. (2010), the research relied on a multivariable regression analyses to collect data on all Ohio births and infant deaths from 2003-2005. In the article by Khanani et al. (2010), the research relied on data from the Ohio Department of Health, Bureau of Nutrition Services, and Department of Vital Statistics. The data collected included infant deaths, live births, and WIC prenatal participants from 2005 to 2008. The research excluded duplicate records and used a Visual Basic program to link the WIC prenatal enrollee data to the live birth data using specific data elements (Khanani et al., 2010). The research also used the infant death certificate to collect infant death data and linked the infant death records using

Great Expectations Essay Example for Free

Great Expectations Essay Dickens was known as one of the best authors and many of his books have stood the test of time. Great Expectations was first published in 1861 and to this present day remains to thrill and engage modern day readers. Clearly dickens must use a wide range of techniques to gain and sustain his readers interest.  A very good technique that dickens used in Great Expectations is Dickens larger than life characters that have been exaggerated to make the story come alive and more believable. A good example is Miss Havisham, as she is regularly described by Pip as some ghastly waxwork from the fair and having dark eyes. She is also described as a skeleton, and someone who had shrunk to skin and bone and having clothes that were faded and lost their brightness. This makes the reader perceive her as a very evil and dead person. This has a significant effect because this is the first time the reader meets Miss Havisham, and therefore builds up a first impression. This technique can also emphasise on one characteristic of a person. Another characteristic that dickens emphasises on is the change in character that Joe goes through when Pp becomes a gentleman. Dickens uses respectful dialogue for Joe, using words such as sir towards Pip. This is because at the time of the novel, if you came upon wealth, regardless of your morals and the way you acted t others, you would be considered to be a gentleman. So even though Pip appears ungrateful to Joe, Joe still shows dear respect to him, thus creating more distance between them. These well-portrayed characters are what brings the story to life, and therefore help keep the readers interest. Other than the characters being larger than life, many characters personalities clash, and are extremely opposite. For instance, when Pip is describing Mrs Joe and Joe, he describes Joe as mild, good-natured, sweet-tempered, easy going, foolish, dear fellow. However, he describes the way that Mrs Joe presents herself, as having a coarse apron, an impregnable bib that was stuck full of pins and needles and having a trenchant way of cutting. These two characters are very different as the nasty. Nightmarish, way that Mrs Joe dresses, with her dangerous needles and her impregnable apron, is contradictory to Joes easy manner and his kind gentle touch. It is strange that these two could forge a relationship, as there is a role-reversal issue because Mrs Joe is a brute, with her trenchant way of cutting and a rather manly attitude. Whereas Joe shows a kind and affectionate attitude towards Pip. It would also seem that Mrs Joe has an angry personality towards Pip and Joe as she bought them up by hand. I believe that this technique is very good because it creates variety, contrast and very exciting situations to keep the interest of the reader. In Great expectations there is a wide use of similes and metaphors, which can also be used to describe characters sometimes. For example when Pip describes the way in which Mrs Joe Gargery cuts bread he says she had a trenchant way of cutting the bread, and hewed it in half. This can be reflected upon as her character being strong, brutal, and savage. This can be backed up by the example that Pip and Joe were raised by hand. This is also a more physical approach to her character. These similes and metaphors are also a more exciting way of describing a character. This is also keeps the reader much more engaged and less likely to resign from the gripping novel. Throughout the novel on several occasions there are ironic twists in the story line. A very ironic moment is when Pip finds out that who his real benefactor is. Magwitch turns up at Pips door and later ecstatically claims this is the gentleman I made! This moment is a real moral blow to Pip and is very crushing to find out Miss Havisham was not his real benefactor. This is an ironic twist because the very person that helped Pip become a gentleman was in fact a convict. Another ironic moment is that Estella, although she is rich and upper class, was adopted from a lower class background, so just like Pip, she is now rich, but her heritage lies lower down. Pip was visiting Jaggers house and he noticed that the way the housekeeper presented herself and the way she knitted with her fingers together convinced him that this woman was Estellas mother. This is ironic because Estella, although she acts very proud of being upper class and is exceedingly harsh to Pip, has a heritage that lies in the lower class, as Miss Havisham adopted her from the housekeeper. Its these exciting twists in the story line, that are unpredictable, that make Great Expectations such a gripping novel, that along with all the other techniques, fully gains and sustains the readers interest.

American Government Essay :: essays research papers

John Locke and Jean Jacques Rousseau both have similar views on man's nature, authority and freedom. Those views are that all men are essentially equal and that each individual has the right to life, liberty, and property. They believe that these rights are given by God, and thus natural. They also believe that reason is a God-given and religious liberty, and right to freedom of speech. The differences are that Locke believed that when people gave up their rights they gave up there freedom to be safe. Rousseau believed that when people gave up their rights to the government they weren't giving up freedom, just exchanging it for security. Rousseau is more on the liberal side of the spectrum while Locke is on the conservative side. The basic differences between conservative and liberal are many. Liberals are more innovative and open to reform as opposing the conservatives being more set in their ways and to doing things in tradition. Liberals are more optimistic and are more supportive towards socialistic ideas. Conservatives are pessimistic and are more supportive of the individualistic ideas. A major political issue is welfare. The Conservatives feel the people should make money on there own and without the help of the people Locke would fall more into this category as opposed to Rousseau who would be more supportive of welfare because he is one that says if it helps the individual then it will help us all. Gun control is another major current event that has two strong views. The liberal view being that guns should be off the streets and locked up and out of the hands of everyday people. Rousseau would fall more under the liberal views like above because he is supportive of the protection of the people. The conservative view point on gun control is that every person has the right to own a gun and I would consider myself more of a liberal for instance in the situation of abortion I am pro-choice as a opposed to the conservative that views more towards pro-life.

What is an educated Filipino Essay

The conception of education and of what an educated man is varies in response to fundamental changes in the details and aims of society. In our country and during this transition stage in our national life, what are the qualities which an educated man should possess? Great changes have taken place in the nature of our social life during the last forty years. The contact with Americans and their civilization has modified many of our own social customs, traditions, and practices, some for the worse and many for the better. The means of communication have improved and therefore better understanding exists among the different sections of our country. Religious freedom has developed religious tolerance in our people. The growth of public schools and the establishment of democratic institutions have developed our national consciousness both in strength and in solidarity. With this growth in national consciousness and national spirit among our people, we witness the corresponding rise of a new conception of education – the training of the individual for the duties and privileges of citizenship, not only for his own happiness and efficiency but also for national service and welfare. In the old days, education was a matter of private concern; now it is a public function, and the state not only has the duty but it has the right as well to educate every member of the community – the old as well as the young, women as well as men – not only for the good of the individual but also for the self-preservation and protection of the State itself. Our modern public school system has been established as a safeguard against the shortcomings and dangers of a democratic government and democratic institutions. In the light of social changes, we come again to the question: What qualities should distinguish the educated Filipino of today? I venture to suggest that the educated Filipino should first be distinguished by the power to do. The Oriental excels in reflective thinking; he is a philosopher. The Occidental is the doer; he manages things, men and affairs. The Filipino of today needs more of his power to translate reflection into  action. I believe that we are coming more and more to the conviction that no Filipino has the right to be considered educated unless he is prepared and ready to take an active and useful part in the work, life, and progress of our country as well as in the progress of the world. The power to do embraces the ability to produce enough to support oneself and to contribute to the economic development of the Philippines. Undoubtedly, a man may be, and often is, an efficient producer of economic goods and at the same time he may not be educated. But should we consider a man who is utterly unable to support himself and is an economic burden to the society in which he lives as educated merely because he possesses the superficial graces of culture? I hope that no one will understand me as saying that, the only sign of economic efficiency is the ability to produce material goods, for useful social participation may take the form of any of any of the valuable services rendered to society trough such institutions as the home, the school, the church and the government. The mother, for example, who prepares wholesome meals, takes good care of her children and trains them in morals and right conduct at home, renders efficient service to the country as well as the statesman or the captain of industry. I would not make the power to do the final and only test of the educated Filipino; but I believe that in our present situation, it is fundamental and basic. The educated Filipino, in the third place, must have ingrained in his speech and conduct those elements that are everywhere recognized as accompaniments of culture and morality; so that, possessing the capacity for self – entertainment and study, he may not be at the mercy of the pleasure of the senses only or a burden to himself when alone. There are, then, at least three characteristics which I believe to be the evidence of the educated Filipino – the power to do, to support himself and contribute to the wealth of our people; acquaintance with the world’s progress, especially with that of his race, people, and the community, together with love of our best ideals and traditions; and refined manners and moral conduct as well as the power of growth.

Project topics †Journal of Engineering Research and Studies Essay

Journal of Engineering Research and Studies E-ISSN0976-7916 Research Paper SEPARATION OF OIL AND PECTIN FROM ORANGE PEEL AND STUDY OF EFFECT OF pH OF EXTRACTING MEDIUM ON THE YIELD OF PECTIN Shekhar Pandharipande*a, Harshal Makodeb Address for Correspondence *a- Associate Professor, Department of Chemical Engineering, Laxminarayan Institute of Technology, Rashtrasant Tukdoji Maharaj Nagpur University, Bharat Nagar, Amravati Road, Nagpur,India. b B. Tech student, Department of Chemical Engineering, Laxminarayan Institute of Technology, Rashtrasant Tukdoji Maharaj Nagpur University, Bharat Nagar, Amravati Road, Nagpur, India. ABSTRACT An orange, specifically, the sweet orange (Citrus sinensis (L.)) is the most commonly grown tree fruit in the world. The present work addresses to the development of the part of the process needed for the extraction of value added products like orange oil and pectin from orange peel, which is the waste of orange juice processing industry. The outcome of the present work highlighted that the sweet orange peels are good source of orange oil and pectin and does have the potential to become important raw material for food processing industries. Two methods namely simple distillation & leaching have been explored for separation of oil from peels. The remains of cake in this part is further treated for isolation of pectin. It is found from the experimental observations that the peel source, for extraction of pectin, when taken after extracting orange oil through simple distillation gives higher yield than leaching residue. It is concluded that the process in which orange oil is first extracted using technique of simple distillation followed by acid extraction of pectin is most suitable for industrial production for isolation of pectin. These results demonstrate the successful extraction of orange oil and pectin, providing potential benefits for  industrial extraction of pectin from an economic and environmental point of view. KEYWORDS orange peel, pectin extraction, orange essential oil 1.1 INTRODUCTION An orange, specifically, the sweet orange (Citrus  sinensis (L.)) is the most commonly grown tree fruit  in the world. Orange trees are widely cultivated in  tropical and subtropical climates for the sweet fruit,  which is peeled or cut (to avoid the bitter rind) and  eaten whole, or processed to extract orange juice, &  also for the fragrant peel. Citrus fruits are at the top  not only in total production, but also in economic  value. The albedo is the main source of pectin. Pectin  includes all the esterified polygalacturonic acids at  different degree of neutralization. In the presence of  saccharine and small quantities of organic acids  (usually citric acid), pectins gelatinized, and this  property is exploited by the agrochemistry and  pharmaceutical industries for pectin isolation. Orange  essential oil is present in small ductless gland  contained in the peel of the orange fruits. The main  constituent of orange peel essential oil is d-limone ne  (present to the extent of at least 90 %), which is the  only hydrocarbon present. The d-limonene is  extracted from orange rinds or solids. The rinds and  pulp are sent to an evaporator and the d-limonene is  steamed out. It is widely known for its pleasant scent  and degreasing properties. d-limonene is currently  being used in many applications such as chlorinated  solvents replacements, hand cleaners and sewage  treatments. The orange processing industry can get a  complete makeover if due importance is given for  separation of useful ingredient from orange peel.  Researchers and Scientists have been working on the  separation of oil and pectin from orange peel and  reporting their findings in journals of repute. A brief  summary includes orange peel: organic waste or  energetic resource(1), Waste to wealth: Industrial raw  materials potential of peels of Nigerian sweet orange  (Citrus sinensis)(2), method of distilling a volatile  constituent from liquid mixture(3), Optimization of  pectin acid extraction from passion fruit peel  (Passiflora edulis flavicarpa) using response surface  methodology(4), Extraction and Qualitative Assessment of African Sweet Orange Seed Oil(5), JERS/Vol. III/ Issue II/April-June, 2012/06-09 Comparisons between different techniques for waterbased extraction of pectin from orange peels(6) , microwave-assisted Isolation of essential oil of  Cinnamomum iners Reinw. ex Bl.: Comparison with  Conventional hydrodistillation(7), Microwave-assisted  extraction of pectin from orange peel(8), microbial  production of pectin from Citrus peel(9), Optimization  of Pectin Extraction from Peel of Dragon Fruit  (Hylocereus polyrhizus)(10), Determining the Yield  and Quality of Pectin from Fresh Peel & Pectin  Pomace(11) and Microbial Production of Pectin from  Citrus Peel(12) . The present work (13) explored the possibility of  separation of essential oils and pectin from the  orange peels. Nagpur is major orange producing  centre in the subcontinent and even recognised in the  name of oranges as, Orange city. 1.2 MATERIALS AND METHODS: The present work is divided into following parts: I. Separation of oil from peels. a) Using the method of simple distillation b) Using ethanol as solvent in the method of leaching II. Extraction of pectin from oil peels a) From fresh peels, the leftover b) From dried cake remained after simple distillation and leaching as in part I 1.2.1 Separation of oil from peels: Raw Material: The raw material taken under examination for the extraction of orange oil (d-limonene) and pectin is orange peel. Orange peels are removed from fresh oranges which are procured from local market and which were harvested in the month of December 2011 to January 2012. Methods: Simple distillation is employed for removal of essential oil from orange peel. Dried and fined ground orange peel powder is added with known quantity of water which is simple distilled off for approximately one hour. The solid remains of the residue are dried to obtain the dry cake. The distillate Journal of Engineering Research and Studies E-ISSN0976-7916 resulted in to two phases, oil and water. Two phases  are separated and orange oil is obtained. For 350 gm  of orange powder taken, 8 ml of oil and 126.3 gm of  dried cake is obtained. The method of leaching is also explored for removal  of oil from peels. 380 gm of fresh orange peel are extracted with 225 ml of ethanol. After adequate  contacting, two phases, solid and liquid are separated,  198 gm of wet slurry resulted into 150 gm of dry  cake. However oil could not be recovered following  this method. The dried cake obtained is further  treated for separation of pectin in next part of present  work.  1.2.2 Extraction of pectin from orange peels:  The objective of this part of work is extraction and  isolation of pectin from fresh orange peel sample and  the dry cake sample left after extraction of oil using  simple distillation as in part I. The objective includes  the study of the effect of pH of the medium on the  yield of pectin extracted. The process flow chart is as shown in the figure 1. Table no 1: Experimental observations of yield of pectin at different pH Fig no 1: Process flow chart for extraction of pectin from orange peel sample Citric acid in distilled water solutions of desired pH  values 1, 1.5, 2, 3, 4 and 5 are prepared. Orange peel samples weighing 10 gm each are dipped in to the  solution and heated at 800C for 10 minutes. After  cooling the solution, it is filtered using cloth filter  and Whatman filter paper under vacuum. Ethanol is  added to the filtered solution to facilitate filtration of  pectin. The solution is filtered using fine filter cloth  or centrifuge at 8000 rpm for 15 min at 100C to  separate jelly pectin which is dried under vacuum at  500C and -100 mmHg gauge for two hours. Dried  pectin is thus obtained. The observations are given in  table no 1.  Yield % of pectin is based on the gram of peel sample taken, and is calculated by formula as given below; Fig no 2: Pectin yield at different pH of extracting medium 1.2.2.1: Comparison of yield of pectin from the dry cake residue left after simple distillation and leaching: Same procedure is applied for separation of pectin in  this part of present work, as followed in part 1.2.2.the  observations are tabulated in table 2 & pictorial  details & output of process are depicted in fig 3. Table no 2: Experimental observations of  comparison of yield of pectin from the dry cake  residue left after simple distillation and leaching  where Ypec (%) is the extracted pectin yield in per cent (%), P is the amount of dry pectin in g and Bi is the initial amount of orange peel in gram. Results and discussion: The maximum yield of pectin is obtained at   extraction medium pH of 1. However negligible yield  is obtained at pH of 4 and 5 as can be seen from  graph plotted between pectin yield % obtained for  various values of pH of medium as shown in fig 2. JERS/Vol. III/ Issue II/April-June, 2012/06-09 Journal of Engineering Research and Studies Result and discussion: The yield of pectin obtained is highest in turbid  extract, but this might be due to some suspended  impurities present in the extract. The maximum  overall yield of the pectin is obtained from orange  peel residue sample through simple distillation. Therefore, in the process of orange oil and pectin  extraction from orange peel, it is recommended on  basis of results obtained, that to first extract oil using  simple distillation and then isolate pectin with acid  hydrolysis technique. 1.3 CONCLUSION Nagpur region is well known in central Asia as  largest orange producing region. It is also known as  the California of India, producing excellent quality  oranges in large number. Though it has great  production of oranges, the downstream processing  and value added product manufacturing technology is  not yet developed. The present work is dedicated for E-ISSN0976-7916 the development of the part of the process technology  needed for the extraction of value added products i.e.  orange oil and pectin from orange peel, which is the  waste of orange juice processing industry. The  present work revealed that the sweet orange peels are  good source of orange oil and pectin and does have  the potential to become important raw material for  food processing industries. It is found from the  experimentation that the peel source, for extraction of  pectin, when taken after extracting orange oil through  simple distillation gives higher yield than leaching  residue. So it can be concluded that the process in  which orange oil is first extracted using technique of  simple distillation followed by acid extraction of  pectin is most suitable for industrial production. These results demonstrate the successful extraction of  orange oil and pectin, providing potential benefits for  industrial extraction of pectin from an economic and  environmental point of view. Fig no 3: Pictorial presentation of the process for comparison of yield of pectin from the dry cake residue left after simple distillation and leaching Amboni. (2009). optimisation of pectin acid extraction REFERENCES 1. 2. 3. 4. Martà ­n M.A, Siles J.A.1, El Bari H, Chica A. F, Università © Ibn Tofail. Facultà © dos Sciences. Kenitra (Maroc) .(2008). Orange Peel: Organic Waste or Energetic Resource? Tobias I. Ndubuisi Ezejiofor, N. V. Eke, R. I. Okechukwu, R. N. Nwoguikpe and C. M. Duru. (2011) Waste to wealth: Industrial raw materials potential of peels of Nigerian sweet orange (Citrus sinensis). African Journal of Biotechnology Vol. 10(33), pp. 6257-6264. Gorden P. Gerow, Davenport, Fla.(1982). Method Of Distilling A Volatile Constituent From Liquid Mixture. United States Patent, 4,326,926. Erika Kliemann, Karina Nunes de Simas, Edna R. Amante, Elane Schwinden Prudeˆncio, Reinaldo F. Teo ´ filo, Ma ´ rcia M. C. Ferreira & Renata D. M. C. JERS/Vol. III/ Issue II/April-June, 2012/06-09 5. 6. 7. from passion fruit peel (Passiflora edulis flavicarpa) using response surface methodology. International Journal of Food Science and Technology, 44, 476–483. Nwobi BE, Ofoegbu O & O B Adesina. (2006). Extraction And Qualitative Assessment Of African Sweet Orange Seed Oil. African Journal of food agriculture nutrition and development. Vol. 6 ISSN 1684-5374. S. Yeoh, J. Shi, T.A.G. Langrish. (2008). Comparisons between different techniques for water-based extraction of pectin from orange peels. Elsevier, Desalination 218, 229–237. Weerachai Phutdhawong, Rungthip Kawaree, Samart Sanjaiya, Waya Sengpracha & Duang Buddhasukh.(2007). Microwave-Assisted Isolation of Essential oil of innamomum iners Reinw. ex Bl.: Journal of Engineering Research and Studies Comparison with Conventional Hydrodistillation. Molecules ISSN 1420-3049 8. Zheng Jie, Yang Ting, Wu Qiang, Li Jing, Wang YaNa. (2009). Microwave-assisted Extraction of Pectin from Orange Peel. Vol. 30, No. 20, p. 134-137. 9. P.Y. Tang, C.J. Wong and K.K. Woo. (2011). Optimization of Pectin Extraction from Peel of Dragon Fruit (Hylocereus polyrhizus). Asian Journal of Biological Sciences, ISSN 1996-3351, Knowledgia Review, Malaysia, 4 (2): 189-195. 10. P. G. Crandall, R. J. Braddock, and A. H. Rouse. (1978). Determining The Yield And Quality Of Pectin From Fresh Peel And Pectin Pomace. Proc. Fla. State Hort. Soc. 91:109-111. 11. Takuo Sakai & Minoru Okushima. (1998). Microbial Production of Pectin from Citrus Peel.Applied and Environmental Microbiology, Vol. 39, No. 4, p. 908912. 12. Harshal Makode (2012).Project report submitted for B Tech to Rashtrasant Tukadoji Maharaj Nagpur University,Nagpur. JERS/Vol. III/ Issue II/April-June, 2012/06-09 E-ISSN0976-7916

Pablo Picasso1 essays

Pablo Picasso1 essays have always had an interest in art but nothing major. All throughout high school and grade school I attended art classes and always seemed to enjoy them more than my peers. It wasn't until I attended this art class that I realized that art is more than just paint and water. It is what ever you make of it. Being that I never painted before that also means that I've never studied any artists either. While completing my art assignments this semester I have also been reading about a certain artist on the side. No one could ever get me to pick up a book before but something in this art experience made me do it on my own. The man that I have been studying is not only intriguing but is beautiful and entertaining in his own ways. Not only is this man a legend but has taught me to look deeper into a work of art because you could find your own meaning of life. This man that I speak of is non other than Pablo Picasso. Picasso was born in Malaga, Spain in 1881. His family had lived in Day, Nancy. Animal Experimentation. New Jersey, 1994. Dolan, F. Edward. Animal Rights. New York, 1986. Farm Sanctuaries. Online. Netscape. Available. Factoryfarming.com PETA. Online. Netscape. Available. http:// wwwbullfighting.com PETA. Online. Netscape. Available. http:// www.carriagerides.com PETA. Online. Netscape. Available. http:// www.circuses.com PETA. Online. Netscape. Available. http:// www.greyhounds.com PETA. Online. Netscape. Available. http:// www.peta-online.org Pets Alive Animal Sanctuary. Online. Netscape. Available. RobinsFYL.com/petsalive.htm. August 1999. ...

Reading test for six-year-olds to include made-up words - Emphasis

Reading test for six-year-olds to include made-up words Reading test for six-year-olds to include made-up words The latest plan to boost childrens literacy levels involves a reading test for six-year-olds, which includes made-up words like mip, fack, zort, koob and glimp. The Government scheme is intended to provide a light touch phonics-based check, to either reassure parents of their childs ability, or to identify the pupils falling behind. It would entail reading back a list of both real and made-up words, to ensure that none was just recited by rote. Some of the words may be nonsensical, but the idea may not be quite as crazy as it sounds. Teaching with phonics where words are deduced by recognising the sounds associated with letters or groups of letters has been shown to help with individual word identification and spelling. Nick Gibb, Minister of State for Schools, quotes academic research from Australia and the US that points to synthetic phonics being the most effective method for teaching literacy for all children, especially those aged five to seven. And one can hardly fault the Government on their stated goals. Too many children leave primary school unable to read and write properly, says Gibb. We are determined to raise standards and the new phonics-based reading check for six-year-olds will ensure that children who need extra help are given it before it is too late. But it is the prospect of a test based solely on phonics that is causing consternation among education and literacy experts in the UK. Many think it is more likely to actually put kids off reading, by isolating the act from its own rewards: understanding and enjoyment. The test is trying to control all the different variables so that things like meaning dont get in the way, says president of the UK Literacy Association (UKLA), David Reedy. We think this seems a bit bonkers when the whole purpose of reading is to understand words. And children cannot learn through phonics alone: There is the context, the sentence itself, and whether they have that word in their spoken lexicon, Reedy points out. Professor Greg Brooks, from the University of Sheffield, has also questioned the term light-touch, saying the exam will inevitably become high-stakes, with all the educational deformations that are known to attend high-stakes tests, including teaching to the test and needless anxiety for children. And, if the UKLA are to be believed, it would be needless. They assert that the results wouldnt be a good indicator of how well pupils would read connected text, or pick up meaning. Perhaps the theory is sound enough, but the test itself is just a case of too much, too early. Most children at that age are not ready to learn phonics, never mind be tested on them, says Professor Janet Moyles, an early years and play consultant from Anglia Ruskin University. Children do not have formal teaching of reading in Scandinavian countries, for example, until they are six to seven years of age and do much better than our children in formal testing later.

To ascertain the motivational factors for buying wine Essay

To ascertain the motivational factors for buying wine - Essay Example John Bruwer and Graham Wood (2005): Motivational and Behavioral Perspectives: Journal of Wine Research: Volume 16: ISSN 0957-1264, Online ISSN: 1469-9672: Rout ledge, part of the Taylor & Francis Group. Nelson Barber, Barbara A Almanza and Janis Donovan (2006): Motivational Factors of gender, income and age on selecting a bottle of wine: International Journal of wine marketing: Emerald Group Publishing Limited, 18 (3), pp.218-232. Olson, J. C and Jacoby, J (2002): Cue utilization in the Quality Perception Process: In Venkatesan Proceedings of the 3rd Annual Conference of the Association for Consumer Research, Chicago, pp. 167-179. Orth, U. R. & Krska, P. (2002) Quality Signals in Wine Marketing: The Role of Exhibition Awards, International Food and Agribusiness Management Review, 4, pp.385-397. P.T.H Unwin (2000): Wine and the Vine: A Historical Geography of Viticulture and the Wine Trade: Routlegde Publishers: (Pgs 352-409) Keith Grainger and Hazel Tattersall (2005): Wine Production: Vine Bottle: Wiley-Blackbell (Pgs 56-125) Jenster, P. and Cheng, Y. (2008) Dragon Wine: Developments in the Chinese Wine Industry, International Journal of Wine Business Research, 20 (3), pp.244-259. Stephen Charters (2006): Wine and Society; The Social and Cultural Context of a Drink: Butterworth-Heinemann (Pgs 135-140) Sun, H., Yu, Y, Goodman, S., Chen, S., and Ma, H. (2009): Chinese choices: a survey of wine consumers in Beijing, International Jo

Insurance companies Finances Coursework Example | Topics and Well Written Essays - 1250 words

Insurance companies Finances - Coursework Example The organization will also be able to save the cost of loans which they would have otherwise opted for. The demand of current assets in the organization can be efficiently met by investing the unassigned surplus in the right area. The properties maintained by the business organizations are insured to adhere to the safety standards. The insurance of the properties involve a premium and are known as property insurance premium. The systematic methods of calculating these types of insurance premium fall under different ‘classes’ and these classes have different eligibility criteria. Properties with risky factors or having disputed issues, and properties specially protected are not generally eligible for the class ratings. For these types of cases, insurance premiums are specially rated. The rates used are specifically for those assets which are determined by physical inspection. The method of class rating is based on the assumption that the future losses to be insured will be determined largely by some sort of factors. The major classification factors in homeowners insurance include construction material, age of the home and protective devices like smoke detectors and fire extinguishers. One of the major advantages of class ratings is that it is easy to apply. Premium quotations of the ratings can also be quickly obtained. It is also known as Manual Rating. These rating are mainly used in homeowners insurance, private passenger auto insurance, workers compensation, and life & health insurance. Compensation Insurance Fund considers the following items when establishing a merit rating for a policy. They are classification evaluation, management business practices, and management safety practices Classification Evaluation: This category evaluates any changes in the operations of the employer when compared to the other operations normally contemplated within the same classification. The process of

Incredible India Assignment Example | Topics and Well Written Essays - 1000 words

Incredible India - Assignment Example The former capital of India was Kolkata, situated in the east of India. Today the capital of this country is Delhi located in the northern part of the country. Its flag has 3 horizontal bands of 3 colors with a blue Ashok chakra (24- spokes wheel) in the middle of the white band. First band is of saffron color which stands for courage and sacrifice, the second band is white which symbolizes peace and honesty, whereas the third band which is green signifies hope, joy, fertility and love and in many cultures have a sacred significance. Blue symbolizes vigilance, truth and loyalty, perseverance and justice. The currency of India is denoted in rupees. II. When we hear the name â€Å"India† one thing that comes to our minds is a huge country full of different colorful cultures and people coming from different religions with unlike beliefs speaking diverse languages having dissimilar lifestyles staying together with peace and harmony in one country. India was once known as the †Å"Golden bird† and today it is considered as the country of colors. From the deep red –orange marigold flowers that festoon almost every festivity to the tones of deep red that become the adornment of the bride on her most important day, India without colors cannot be imagined. Colors, becoming a vital part, controls every aspect of life in India when it comes to religions, festivals ,cultures , politics be it anything. In India be it north, south, east or west, color and culture go hand in hand. If I had to define India in one line it would be a magical experience which must not be missed. III. Below I will be discussing about language, art, marriage, family and religion in India. First we need to know the definitons of language, art, marriage, family and religion. IV. According to dictionary.reference.com, â€Å"a body of words and the systems for their use common to a people of the same community or nation† is called a language. In simple words a language is a way of communication between two or more living beings in such a way that both can understand what the other is trying to share. India is a vast country and therefore has many people belonging to diverse cultures. Each culture and community has its own language. Languages in India have evolved from two families, the Aryan and the Dravidian. Languages spoken in the southern part of India belong to the Dravidian family whereas the languages spoken in the northern part of Indian come from the Aryan family. Apart from these two families of language there is another language known as Sini-which come from the Mongoloid family mostly spoken in East India. Languages have evolved in different phases of history of India. The languages in which the holy books of different religions have been written is not spoken commonly any more. The holy books of hindus are written in Sanskrit, the holy books of Buddhism are written in Pali whereas Qoran is written in Arabic. Though these languages are not spoken in day to day life yet sanskrit is acknowledged as one of the official languages of India. Today Hindi is recognized as the official national language of India. Hindi is easily understood everywhere in India. People who speak other languages have also got quite familiar with Hindi due to media. Second to Hindi comes English. Today english is widely spoken

Multinational Company Bmw Economic Essay

Multinational Company Bmw Economic Essay BMW is the multinational company that I choose for the assignment. BMW is a company that operating in more than 1 country. They are not only operating in their home country (Germany) but they also operate in many countries like: Malaysia, Singapore, Thailand and etc. Beside that BMW also have manufacture in country like UK, USA, Mexico, South Africa and etc. So BMW is proving as a multinational company. BMW Group is one of the worlds largest premium carmakers and BMW is also the parent of the company of BMW MINI and Rolls-Royce car brands, and, formerly, Rover. BMW headquarters in Munich, Germany. The company slogans in English are The Ultimate Driving Machine and Sheer Driving Pleasure. BMW was founded by Karl Friedrich Rapp in October 1913. Automobiles, motorcycles and financial services are three segments that operate by BMW and they manufactured the first passenger car running by hydrogen. BMW manufacturing is plant in Germany, Austria, UK, USA, Mexico, South Africa, Egypt, Brazil, Malaysia, Indonesia, Philippines and also Vietnam. BMWs main competitors include Acura, Alfa Romeo, Audi, Cadillac, Infiniti, Jaguar, Lexus, Mercedes-Benz and Volvo all of this are consider luxury brands of the car products. Nowadays, BMW is support by 11different types of series which is: BMW C1, BMW 1, 3, 5, 6, 7 series, BMW X3, 5, 6, BMW Z4, BMW M5, BMW M6, and BMW Z4 M. According to the research, shown that there are 2 new divisions for BMW been introduce in October 1, 2007. Which are corporate and brand development will be lead by the director of corporate planning this is focus on the vital for brand management, corporate planning, and strategic implementation BMW. Second, purchasing and supplier network that headed by Dr.Herbert.Diess. The purpose is to reduce the material cost and expenses factor. These are few of the new management strategy that BMW Company is using to operate the c ompany. 15 Sentence of credit crunch in general are stand for credit crunch make it almost impossible to the lender like bank and investor to borrow the money because they become very chary of lending the money to the corporation. They scared of bankruptcies and defaults, which they drive up the price of debt products for borrowers which result in higher rates. The consequence is drag on of recession, which the shrinking of the credit supply wills happens as a result. 2 Credit crunch overall background is starting with the lender like bank are suffering loss because of their previous lending loans, and this make them normally unable and averse to lend the money again to the borrowers. This happen when the borrower in arrears and the properties underlying a defaulted loan and drop in the value. As in this case the borrowers default, the bank can only foreclose on hypothecate and trying to sell this property to compensate the funds they loaned out. Thereby, if the pricing of the house is decreasing, the bank is considered left selling at the cost. The banker capital position is reducing; when they suffer losses which are reduce the amount that they are able to lend out. The lending institutions are requiring keeping down the minimum levels of capital. 3 The reasons that cause to the credit crunch are first: speculation. Many people go to obtain additional loans with very easy terms for instance no initial down payment because it is too easy to gain the credit from the banks so that all of the peoples and investors think that the price will going to increase also. The rapidity increase in property value make investors to jump into the investment with low and no fundamentals. This situation will make the investors to feel that they are missing out and left behind, in case as many investors going to heap up it will cause increasingly unsustainable to the price of property. Next is lack of the regulatory oversight, the distrustful of loans are make by mortgage brokers and bankers, the underwriters who working in the bank are determine whether the ability of the borrowers is there for them to repay the loans and turn a blind eye to what is going on so that the increasing of the profit can see by the loans that they have written. In addit ional, there are others reasons like Adjustable-rate mortgages (ARMs) and subprime loans, the repeal of the Glass-Steagall Act, Historically low interest rates, and as well as politics which happen because many of the politicians going to say that the higher of the rate of the home ownership for Americans is better, but what would happen to the economy from the perspective of those that cant afford their homes when an inevitable slowdown occurred.4 The occurring of the credit crunch will actually affect the economy of a country and company in few ways. First, the banker will actually tighten up the credit for all types of loans and become more caution to lending the loans. So that this directly affects the small businesses peoples that who are depend on the loans and the credit to fund their day to day operation and become illiquid. Next, unemployment rises is one of the ways that will affect a company and country where the businesses are unable to pay for all the immediate bills and so that they also facing the problem that they cannot pay for the employees salary and so that caused the situation like unemployment increasing in nationwide. The bankers and the brokerage firms are hit by this credit crunch. Apart of that a spiraling domino effect occurs, above these two economies effects of the economies crisis can make the economy of a country going down and than affect the whole country economy and if the economy of a country continues to going downward, it will lead to the difficult to stop the cycle. 5 On year 2008, America was affected by the serious economy crisis, and their economy is actually hit really hard by this economy crisis. We can see through the secondary data that done by research show that BMW also hit by 2008 economy crisis. According to (Chris Reiter 2010) BMW and Mercedes this two world largest luxury car makers was only sold a combine 31,000 fewer vehicles last month because of the occurring of economy crisis and cause credit crunch that discourage the power purchasing of consumers. The percentage of sales are also falling down 8.3% to 113.005 cars and sport- utility vehicles from 123,300 vehicles a year earlier by BMW Company whose are also owns the Mini and Rolls-Royce auto brands. Next, Auto sales in US BMW as a biggest market also decrease 32 percent in October of 2008 to the lowest monthly total since January 1991. They look back to their 2008 profile target on November BMW plans to cut production by 65,000 cars and SUVs according to (Chris Reiter 2010). Chris Reiter (2010) states that BMW is involved in the extremely changeling market and the vehicles sales are decreasing for the whole year because of this. As what Ian Robertson who are the Munich-based carmakers sales chief said: in a statement today, reiterating a forecast released Nov. 4. The retail gains made in our growth markets were unable to fully offset declines in Western Europe, Japan and the U.S. Chris Reiter (2010) also states that BMW posted 12% drop in Western Europe, 5% drop in US and the worst is Japan drop 34%. Furthermore, David Gow (2010) states that credit crunch put brakes on BMW 2008 also when US economy goes down turn and BMW reported that a step fall down in first quarter earnings. The son company of BMW Mini and Rolls Royce said that the pre-tax profits spilled 25% to ( £505m), dragged down by increased risk provisions, tighter credit and the strong euro. According to (S. wall, S. Minocha, B. Rees, 2010)[case study 4.2 BMW after Rover], show Rover in Britain worsened and hopeless in early of March 2010 due to the strong pound damaging the exports of Rover. Finally Rover sells to Alchemy. This happened and uproar Britain press and politicians because scaring big number of unemployment in Rover and few supplier are located around the region. Alchemy withdrew from bidding process and sell to Phoenix consortium for  £10. Previous 6 years BMW spent total  £34billion to save Rover but posted big losses. The disposal provoked a political storm in Britain, and BMW bosses were someone parliamentary before this. Britain government furious, Milberg (who took over CEO of BMW in 1999) retorted government slow to get the signals he sent in a phone call before the situation worsened. This criticism infuriated the government again. This shows that government and political mess will also cause a problem to a company. Apart from that, the case stud y also stated that the decreasing and increasing of a currency will also give a huge impact to a company. The pounds became stronger and then give a direct effect to the company and destroy their exports businesses are one of the problem that we can see from the case and this may indirectly lead to the occur of credit crunch as well. 14 David Gow (2010) states BMW a 5.6% rise across its three brands to a record 351,787 despite a 9.1% drop in their biggest market, US. The international financial crisis deteriorates the climate for consumer spending became gloomier, it said, pointing to March 2008 as the peak of the crisis. Before this BMW still expect to beat the last year sales record to 1.5m but the USs economy getting worst and lead to the dropping of the profits. The world largest luxury carmaker BMW have became the victims of the credit crunch on 2008. It took a 236 million euro (S$500 million) charge because of falling prices and rising bad debt in the United States. The move is the provision made of the divinable losses in business area. This move could cause to increased nervousness about the impact of the financial crisis on the economy in Europe, even as most companies report robust first-quarter results. This is what reported by The Financial Times. The Click here to find out more!Daimler chief executive Dieter Zetsche says that in 2008 may that month the general car sales of US is fall down this year but the growth in emerging in market can expiation it. 6 In addition, research shows that 2008 BMW sons company MINI has declared that axes 800 redundancies in Cowley, Oxford hire prompting protests from unions over a perceived lack of sensitivity towards the rights of agency workers. The redundancy pay will not received by many of the staffs that who have been made the contract through the agency Manpower. At the same time the sales of the luxury cars are drop very ruggedness, so because of that supermini segment has experienced a less severe downturn driven by a consumer shift to smaller and more economical vehicles. Seen from secondary data, clearly we can see the Society of Motor Manufacturers and Traders (SMMT) January figure, the trend towards the smallest segment the mini or city car segment is growing stronger as the recession deepens, with new car registrations up 40.8% on 2008 figures. At British, Mini was one of the last of the car manufacturers that are continue working through these suffering times, but they are not produce an y cars on that relevant week because of to the significant fall in global demand. Around 20% of these 800 axes redundancies are going to tha manufacture like: Jaguar, Nissan and etc. 7 BMW became the first victim of the credit crunch on 24 of April, that who are the world largest luxury carmaker. BMW took a à ¢Ã¢â‚¬Å¡Ã‚ ¬236m ($369m) charge because of falling prices and rising bad debt in the US are showing through the research. But however the pre-tax level is slightly increased compare with last year. 8 The strategy that BMW use to overcome credit crunch are first: that are one of the reason why BMW and Mercedes are teaming up. There are fewer options for OEM (original equipment makers), consolidations of period have gone through by automobile suppliers and this trend is expected to speedup for the next few years. It becomes difficult for the investment capital because credit crunch makes suppliers harder to fund their business. 9 Many organizations are affected by the credit crunch in UK industry and so BMW. But BMW consider one of the successful from them and six awards are goes to BMW and German manufacturer sales rise and new models bring in new customers. Although BMW also affected but they get the award for best small car with the MINI, best small premium car for the 1 Series and best large premium car for the 3 Series. In addition, The 5 Series took the gong for best executive car and the X5 won best SUV and BMW was presented with the Fleet News environmental award for the EfficientDynamics package. 10 Next, BMW also trying to protect himself from credit crunch by helping some of the suppliers. The stronger suppliers are encouraging by BMW to take over weaker supplier in this case and BMW will pay more for the parts, speedup the payment and as well as they will temporary pay higher price for the parts. 11 Apart from that, in UK, during credit crunch the governments are actually asking to help the car manufacture and government helping a litter bit where we just seem it banking sector. According to the research, on that time if the government is still not aware of this problem and the unemployment will become worst and the number of import export within UK and other country will be reduce and shown that UK government will loss  £110 billion revenue and UK  £146.2 billion tax next couple of year if the government despise this case. 12 However, in Malaysia it will still have at least a litter bit effects because of credit crunch but the god strategy need to be prepared to face the credit crunch. According to Briscoe, he believes that the luxury car like BMW needs to have a better positioned for it to growth in the industry when facing difficulty at the economic side. He also said that: There would be an impact but we feel that the volume-based car segment would be more affected than the premium segment. According to him as well in Malaysia market in 2009, was to provide the right car at the right market at the right time. Extra key are they are now focusing on their credit crunch strategy are introduce more diesel powered cars. 13 This are few strategy that BMW done or the place government done to solve the various problem during credit crunch. But actually they are pro and con for every strategy they used and pro and con as well for the helping from the government, it is just depend on each of us to criticize either each of this strategy are falls into pro or con. In my opinion, as the first point I listed above BMW are teaming up with Mercedes, to invest in the suppliers and the next point that BMW are encourage strong supplier to take over weaker suppliers. It is just a good decision I think because it is not a good decision if we just leave our cars part supplier to facing and suffering alone with the credit crunch without any assisting. In the tough time during credit crunch, if we are not helping each other among supplier even competitor we might just die together because of the wrong decision. We can actually helping each other according to our capability like what BMW and the rest done. Next, the ethical issues are very vital for a company. According to (S. wall, S. Minocha, B. Rees, 2010), an organization must make sure that every decision they make, have a conscious ethical content. If it is an internal problem, it maybe about the labour working hours, or their wages problem. When come to the BMW do à £Ã¢â€š ¬Ã¢â€š ¬international business with other country, company must ensure they does not apply their own ethical norms to the foreign country but is conforms to the local customs, and ethical as well as morality enough when making any of the business decision and also during economy crisis. Although the company situation is worse and worried but any decision making by BMW will be ethical enough; example during credit crunch any methods using to solve the credit crunch problem, it must be with ethical.

Cloning :: essays research papers

Millions of people. They all look alike, think alike, and dress alike. Sounds like something out of a sci-fi novel, right? Well, with cloning it’s possible, maybe. They will look alike, but that’s about it. Cloning will help the world, not make it the same. Three pros to cloning are that cloning may hold the secret to eternal youth, the research of genes has changed the thinking of scientists, and that parents would be able to have a child who looks exactly like a model, movie star, etc.   Ã‚  Ã‚  Ã‚  Ã‚  First, cloning could lead to the discovery of the secret to eternal youth. If anyone had a chance to live forever, they would take it. If anyone could have a child who could live forever, they would do it. Cloning may be the answer to eternal youth. â€Å"He said the creation of transgenetic animals could be an important tool in ... ultimately stopping -- the aging process.† Becoming immortal is not the only plus to cloning.   Ã‚  Ã‚  Ã‚  Ã‚  Furthermore, the research of cloning has helped scientists become aware of the way genes operate. With continuous research into the ways of cloning scientists could come to understand the ways cells and genes work. As the information grows we will be able to get rid of genetic diseases and defects. â€Å"As geneticists have come to understand the ways in which genes operate, they have also become aware of the myriad ways in which the environment affects their ‘expression.’† In the future people will be able to decide what their child will look like and what kind of base intelligence the child will have, but they will not be able to decide the child’s fate. For the people who want to control what their children will look like, there is the possibility of cloning a famous person.   Ã‚  Ã‚  Ã‚  Ã‚  Finally, parents will be able to clone a model’s appearance so that their child looks exactly like the person. This would get rid of a feeling of not being beautiful and would allow people to worry about more important things than what other people think a bout them. â€Å"Suppose a couple wants a ‘designer child’ - a clone of Cindy Crawford or Elizabeth Taylor -- because they want a daughter who will grow up to be as attractive as those women.† This would be possible because of the fact that the child would not think or act like the person they were cloned from, they would only look the same.

Federal Reserve Paper Essay

The purpose of this paper is to evaluate the Federal Reserves’ discount rate, monetary policy, and stimulus program through the money multiplier. What are the factors that would influence the Federal Reserve in adjusting the discount rate? According to Chron if prices rise too fast or the economy starts slowing down, the Federal Reserve uses the discount rate as a way of manipulating interest rates to stabilize the economy. This change can either increase or decrease how much you’ll pay to borrow money. How does the discount rate affect the decisions of banks in setting their specific interest rates? According to Chron although changes in the discount rate affect your interest rate, the Federal Reserve does not lend directly to business owners. Rather, the Federal Reserve lends money to depository institutions such as commercial banks. Depository institutions must pay interest on the money they borrow from the Federal Reserve. The discount rate is the interest rate the Federal Reserve charges its depository institution borrowers. Loan interest rates fluctuate in response as depository institutions pass the discount rate changes along to you. How does monetary policy aim to avoid inflation? According to Tutor2u monetary policies tend to invest in various assets, in order to avoid the losses caused by inflation. Increase in interest rates is also another measure, in order to contract the real money supply. Monetary policy controls money supply by increasing the discount rate, and also through increasing and decreasing the reserve requirements of lending banks. If the reserve requirements decrease, the banks can lend more money to consumers and businesses. If the reserve requirements increase, banks have to keep more money in with the fed. The interest rates increase, and people have an incentive to save and earn interest from the bank. If the interest rates decrease, then people do not have an incentive to save and they spend their money. How does a stimulus program (through the money multiplier) affect the money supply? According to Forbes a study by Obama administration economists Christina Romer and Jared Bernstein predicts that the stimulus plan being debated in Congress will raise the gross domestic product by $1. Such a multiplier effect has been heavily criticized by a number of top economists, including John Taylor of Stanford, Gary Becker and Eugene Fama of the University of Chicago and Greg Mankiw and Robert Barro of Harvard. The gist of their argument is that the government cannot expand the economy through deficit spending because it has to borrow the funds in the first place, thus displacing other economic activities. In the end, the government has simply moved around economic activity without increasing it in the aggregate. The problem is that fiscal stimulus needs to be injected right now to counter the liquidity trap. If that were the case, I think we might well get a very high multiplier effect this year. But if much of the stimulus doesn’t come online until next year, when we are likely to be past the worst of the slowdown, then crowding out will greatly diminish the effectiveness of the stimulus, just as the critics argue. The theory of the money multiplier states that for every $1 spent by the government, it drums up $1. 50 in the economy. So, if the government spends more money via a stimulus package, the economy should expand by 50% of the amount of the stimulus package. In conclusion the following topics have been discussed and described to give one an idea of its functions: What is the factor that would influence the Federal Reserve in adjusting the discount rate? – How does the discount rate affect the decisions of banks in setting their specific interest rates? – How does monetary policy aim to avoid inflation? -How does a stimulus program (through the money multiplier) affect the money supply?