Monday, August 24, 2020

1.The purpose of this coursework is to examine current fiscal and

1.The reason for this is to inspect current financial and money related approaches by the UK government and their adequacy and effect on GDP and loan costs utilizing graphical and relapse examination - Coursework Example Generally, the IS-LM model is a full scale monetary instrument showing the connection between loan fees and genuine out-put in the merchandise and enterprises advertise and the currency showcase. It is a mix of merchandise market and currency showcase harmonies. The total model depicts general balance circumstance in full scale economy. IS-LM model depends on suspicion of fixed value level. This infers general value level won't unexpectedly change when monetary conditions modify. Assume there is an expansion popular. Given flexibly, the expansion sought after should create an increment in value level (and in amount traded inside market). The period inside which it remains unaltered is short run. The time arrangement characteristics of factors utilizing three tests uncover the majority of factors are fixed with block. This catches non-zero mean under elective speculation. In any case, numerous factors are non-fixed with consistent and deterministic time patterns. This catches deterministic patterns under this other option. The factors may thusly be viewed as fixed and doesn't require differencing. The IS Curve is illustrative of the balance focuses in products showcase, that is, the blends of r and Y for which speculations (I) are equivalent to reserve funds (S). Remember that speculation is contrarily identified with genuine loan cost and is non-reliant on level of genuine yield/salary. Sparing has a positive relationship to genuine loan cost and further increments with pay. Different researchers have contended that the European sovereign obligation emergency is discernible to the nineties whereby the 15 part states at that point, thought on the advantages of foundation of a typical local money (Sgherri and Zoli, 2009). Notwithstanding concurring on certain obligation focuses, there are numerous examples where part states out-properly neglected to cling to as far as possible. Notwithstanding this conspicuous infringement, no money related approvals were forced on

Saturday, August 22, 2020

Unit 5 Individual Project Essay Example | Topics and Well Written Essays - 2000 words

Unit 5 Individual Project - Essay Example Neighborliness part is one such extraordinary open door existing inside UAE markets which can offer an incredible chance to serve our prepared to cook fish items. Our procedure will be founded on the worth expansion suggestion which our items will offer other than offering other medical advantages. To be the main fish items suppliers in the International market dealing with the dietary benefit of our clients adjacent to giving a more affordable, high caliber and new ocean bottom items to our clients through worth expansion. The travel industry is considered as the primary fascination of the UAE with yearly shopping celebrations of worldwide height other than offering an exceptionally modest and more westernize condition to the guests from Western nations. Our objective market will be isolated into two gatherings: First gathering of buyers will be outside visiting UAE. We mean to serve them with conventional fish results of UAE other than offering redid cooked fish items which are more popular in Western Countries in this manner giving them an encounter of second home market concerning as serving their taste buds are concerned. Cordiality part: Both in Dubai and the nation over, it is the accommodation segment that is the biggest single purchaser gathering of fish items, with almost every 5-star inn facilitating a fish café. Rivalry in the foodservice portion keeps on warming up, staying up with both populace and the travel industry development (in 2006, Dubais 371 inns facilitated a record 6.5â million visitors). Inlet Seafood LLC is considered as one of the most established and biggest players in the UAE fish industry. There is a developing pattern inside the entire Gulf showcase that the patterns are moving towards the more wellbeing cognizant fish items with numerous neighborhood also worldwide players are coming into the market to characterize their own specialties. A closer investigation of the opposition proposes that there is a requirement for the organization having more involvement with serving Western

Tuesday, July 21, 2020

An Overview of the Causes of Bipolar Disorder

An Overview of the Causes of Bipolar Disorder In This Article Table of Contents Expand Genetic Factors Brain Structure   Societal Factors Environmental Triggers The Diathesis-Stress Model Nobody knows absolutely what causes bipolar disorder. Studies suggest there is a  genetic component present, but DNA isnt the only reason people develop bipolar disorder. Most researchers agree that there are likely physical and environmental factors that contribute as well.?? Genetic Factors When talking about biological causes, the first question is whether bipolar disorder can be inherited. This issue has been researched through multiple families, adoption, and twin studies. In families of persons with bipolar disorder, first-degree relatives (parents, children, siblings) are more likely to have a mood disorder than the relatives of those who do not have bipolar disorder.Studies of twins indicate that if one identical twin has bipolar disorder the likelihood that the other twin will have it is about 40 percent.In fraternal twins, the occurrence in both is around 5 percent. This is important for genetic theories because identical twins occur when one fertilized egg splits in two, meaning that they share the same genetic material. Fraternal twins, on the other hand, come from separate fertilized eggs, so their inherited genes can be different. There is overwhelming evidence that bipolar disorder can be inherited and that there is a genetic vulnerability to developing the illness. Brain Structure   When it comes to figuring out exactly what is inherited, the neurotransmitter system has received a great deal of attention as a possible cause of bipolar disorder. A link exists between neurotransmitters and mood disorders  because drugs that alter these transmitters also relieve mood disorders:?? A low or high level of a specific neurotransmitter such as serotonin, norepinephrine, or dopamine is involved.Other studies indicate that an imbalance of these substances is the problem, i.e., that a specific level of a neurotransmitter is not as important as its amount in relation to the other neurotransmitters.Still, other studies have found evidence that a change in the sensitivity of the receptors on nerve cells may be the issue. In short, researchers are quite certain that the neurotransmitter system is at least part of the cause of bipolar disorder, but further research is still needed to define its exact role.?? Societal Factors Mood episodes in bipolar disorder can both be set off by a stressful event or circumstances, but can and frequently do occur spontaneously. How stress triggers  a bipolar episode is not fully understood. But scientists do believe that the stress hormone  cortisol  plays a role. Stress increases the level of cortisol in the body, which causes alterations in how the brain functions and communicates. In fact, in people who have depression or bipolar disorder, cortisol levels may stay high  even when stress isnt present.?? Stressful life events can range from a death in the family to the loss of a job, and from the birth of a child to a move. Stress may stem from a  variety of experiences. It cannot be precisely defined, since one person may perceive an event as extremely stressful while another individual encountering the same event may not experience much stress.   Stressful life events can lead to the onset of symptoms in bipolar disorder. However, once the disorder is triggered and progresses, it seems to develop a life of its own. Once the cycle begins, psychological and/or biological processes take over and keep the illness active. Environmental Triggers For Depressive Episodes Once someone experiences bipolar disorder, small stresses may trigger depressive episodes.?? Reading a sad book, talking to someone whos depressed, receiving a poor grade on an assignment, or even catching a cold might trigger a depressive episode. Other examples of bipolar  depressive episode  triggers include: sleep deprivation or disruptionphysical injury or illnessmenstruationlack of exercisetravel For Manic Episodes While triggers for manic and depressive episodes can be the same, there are some that are specific to manic or hypomanic episodes. According to a 2012 study in the  Journal of Affective Disorders, unique triggers of  manic or hypomanic episodes  include:?? falling in loverecreational stimulant usestarting a creative projectlate night partyingvacationingloud music In addition, the postpartum period and the use of an antidepressant, like an  SSRI, may also trigger a manic or hypomanic episode. The Diathesis-Stress Model When we look for the cause of bipolar disorder, the best explanation according to research published in 2015 is what is termed the Diathesis-Stress Model.?? The word diathesis, in simplified terms, refers to a physical condition that makes a person more susceptible than usual to certain diseases. Thus the Diathesis-Stress Model says that each person inherits certain physical vulnerabilities to problems that may or may not appear depending on what stresses occur in his or her life. So the bottom line is that if you have bipolar disorder, you were likely born with the possibility of developing this disorder and something in your life triggered it. However, scientists could refine that theory tomorrow. The one sure thing is that they wont give up looking for answers. Understanding Your Bipolar Treatment Plan

Friday, May 22, 2020

Behavioural Finance in the Field of Finance and Investment - Free Essay Example

Sample details Pages: 8 Words: 2517 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Level High school Did you like this example? Introduction The intention of this essay is to analyse the development of Behavioural Finance within the field of finance and investment. It will highlight some of the literature that has come about as a result of research in the field, some of the implications it has had on historical theories and some of the implications it has had within the world of investment. The Birth of Behavioural Finance Behavioural Finance is considered by many to be a new field within finance, but it does have its origins in the early 20th century. One of the initial publications to highlight the importance of investor psychology was authored in 1912 by George Selden, the intention of this book was to discuss the belief that the movements of prices on the exchanges are dependant to a very large degree on the mental attitude of the investing and trading public(Selden, 1912, pp. Preface), this was a pioneering thought and began the start of linking psychological aspects within the world of finance. Throughout the 20th century, many developments were made in relation to combining psychological aspects to the world of finance. Since George Selden, many have built upon this idea and in 1956 the US psychologist Leon Festinger introduced a new concept in social psychology: the theory of cognitive dissonance.(Sewell, 2010, p.1). This was of importance as considering the dynamic nature of finance, a de cision one makes can often be offset by the introduction of new and inconsistent information, this may often lead practitioners to make irrational decisions which in turn affects markets, pricings and causes inefficiencies. After this, John Pratt considers utility functions [and] risk aversion(Sewell, 2010, p.1), which considers how practitioners evaluate a monetary amount gained or lost and also how they feel about incurring various levels of risk and how this affects behaviour and decision making. From this point the research and developments entered rapid expansion as more researchers and prominent people within the fields began to take interest in this idea that psychology may play an important role within markets and practitioner behaviour.. In 1973, two psychologists, Amos Tversky and Daniel Kahneman put forth an article and within this paper they explore[d] a judgmental heuristic in which a person evaluates the frequency of classes or the probability of events by availabil ity, i.e., by the ease with which relevant instances come to mind.à ¢Ã¢â€š ¬Ã‚ (Tversky and Kahneman, 1973, p.207). A heuristic is something that financial practitioners use [as a] rule of thumbto process data they are generally imperfect. Therefore, practitioners hold biased beliefs that predispose them to commit errors.(Shefrin, 1999, p. 4). This along with the earlier articles and research began to explore in more depth the affects of individuals cognitive errors and misjudgements which we now know can lead to market inefficiencies. Then, in 1974, Tverky and Kahneman produced another article with the intention of further developing the field and gaining a more in depth determination of the heuristic identified in their previous paper, within this article they had identified and described three heuristics which can be seen to be in use when making decisions under uncertainty. These three heuristics are as follows; representativeness, which is usually employed when people a re asked to judge the probability that an object or event A belongs to class or process B,(Tversky and Kahneman, 1974, p.1124) in simple terms this is when someone tries to predict the probability of an unknown event by comparing it to a known event and assuming the probabilities will be similar. This can and usually does lead to errors as practitioners may over or underestimate the probability, and also may misjudge the comparative example which in turn will lead to errors. The second heuristic is that of availability of instances or scenarios, which is often employed when are asked to assess the frequency of a class or the plausibility of a particular development,(Tversky and Kahneman, 1974, p.1131) in simple terms they have described a way in which individuals are more inclined to assess the frequency of an event by the ease in which instances of the events can be brought to mind. The third heuristic is that of adjustment from an anchor, which is usually employed in numeric al predication when a relevant value is available(Tversky and Kahneman, 1974, p.1131) in simpler terms they have described how an individual will use an initial piece of information and then any other piece of information gained thereafter will encounter a bias based on the initial information. This leads the practitioner to hold on to their initial beliefs in regard to the scenario and leads to an inaccurate reading of the situation resulting in errors. These are heuristics, which are mental-shortcuts which, through a lack of adequate mental analysis and evaluation, lead to an inaccurate reading of the situation, leading to a misjudgement. These heuristics are important as they began to form reasons why financial practitioners are prone to make mistakes, which in-turn lead to market inefficiencies and in the area of investment cause stock-prices to deviate from their fundamental value. From this point, Tversky and Kahneman went on to produce another article in 1979 They disco vered that people tended to value losses greater than equivalent gains; An alternative theory of choice is developed, in which value is assigned to gains and losses rather than to final assets and in which probabilities are replaced by decision weights.(Tversky and Kahneman, 1979, p. 263). This was named Prospect Theory. This was an important development as it showed further irrational behavioural of practitioners and put greater emphasis on the study of how human errors do affect the financial markets, something that was held in contrast to popular belief at the time, it also contributed further to the study of how practitioners deal with the evaluation of money. Then, in 1985, Werner De Bondt and Richard Thaler published an article that discovered that most people tend to overreact to unexpected and dramatic news events.. The empirical evidence is consistent with the overreaction hypothesis market inefficiencies are discovered.(De Bondt and Thaler, 1986, p.793). This discovery, aided by the previous advancements of the better part of a centurys worth of research effectively formed the start of what has become known as behavioural finance and was of great importance and the field now had empirical evidence which backed up theory to suggest that psychological errors contributed to market inefficiencies thereby putting into question historical theories which had once been considered valid. To summarise, over the course of the 20th century there has been significant research within the field of psychology and then a merging of psychological research with the field of finance. Many consider Amos Tversky and Daniel Kahneman to be the pioneers with the vast amount of research they conducted in the field, which lead to Werner De Bondt and Richard Thaler producing empirical evidence, with the use of psychologically based background, in their paper; Does the Stock Market Overreact?which proved that at times there exists inefficiencies within the markets. Don’t waste time! Our writers will create an original "Behavioural Finance in the Field of Finance and Investment" essay for you Create order How it has Affected Historical Theories The birth of Behavioural Finance has had many implications within the fields of finance and investment. One of its greatest and most important impacts is calling into question the rationality of financial practitioners, this notion that practitioners are rational provided an assumption which formed the foundation on which some of the most influential economic and financial hypothesis were created. To analyse the full impact of behavioural finance as a topic is something that cannot be achieved within this essay, instead it will discuss its effect on Efficient Market Hypothesis (EMH), a theory put forth by Eugene Fama in 1970 titled Efficient Capital Markets: A Review of Theory and Empirical Work,à ¢Ã¢â€š ¬Ã‚ (Fama, 1970) . Within the document Fama describes an efficient market as a market in which prices always fully reflect available information,(Fama, 1970, p. 383) in order for markets to fully reflect available information an assumption is made that the markets and the inve stors within them are rational, this is one of the assumptions that provides a foundation for Efficient Market Hypothesis; This notion of rational markets and investors has been seriously questioned by the development of Behavioural Finance and due to the research that has been conducted and empirical evidence which proves that at times the markets both over and under react to information which results in inefficiencies; it can be stated that the Efficient Market Hypothesis isnt entirely correct. This is important as since the theories inception; financial practitioners accepted it as valid and began to develop ideas, models and other theories with EMH as a foundation. Other theories such as Capital Asset Pricing Model have been put into question as they were developed and buil[t] on the assumptions of EMH.à ¢Ã¢â€š ¬Ã‚ (Bell, 2010). The development of Behavioural Finance and the findings from various researches which put into question market efficiencies, it can now be state d that long held beliefs and theories about the way markets and financial practitioners operate can be considered false. It has also brought about an idea named Adaptive Market Hypothesis (AMH) which was put forth in 2004 by Andrew Lo, he argues that the emerging discipline of behavioural economics and finance has challenged [EMH], arguing that markets are not rational [he] propose[s] a new framework that reconciles market efficiency with behavioural alternatives.(Lo, 2004). This new hypothesis seems to make more sense and is in conjunction with behavioural finance issues and while we wait for it to be solidified by long-term empirical evidence, it seems that the future is more AMH than EMH. Its implications for Investment Since the development of Behavioural Finance and the psychological aspects that are at play within the world of finance and within the investors psyche have been seen to lead to unhelpful or even hurtful decisions. As a fundamental part of human nature, these biases affect all types of investors,(Byrne and Utkus, 2013, p.4) and often lead to misjudgements and errors, the implications for this are that each and every investor will make use of these heuristics and inevitability will make mistakes. The world of investment has now recognised that this area of study is of great importance and can help explain not only investor behaviour, but also the behaviour of markets. One of the intentions of Behavioural Finance is to identify these errors and their causes so that investors are in a position to work around them or profit from other investors mistakes. There are now many heuristics and biases which have been discovered and have an impact on financial practitioners decision making ability and in turn have implications for markets, some of these are as follows; Availability Bias, Representativeness, Gamblers Fallacy, Frame Dependence, Mental Accounting, Loss Aversion and Overconfidence to name just small amount. One of these biases, Overconfidence, has found that humans tend to have unwarranted confidence in their decision making. In essence, this means having an inflated view of ones own ability.(Byrne and Utkus, 2013, p.4). In terms of investment this can lead some investors to have placed an overestimation on their own investment choices and ability and as such, at times, disregard the overall external factors which have an impact on the market. Another affect that overconfidence may have on certain investors is in relation to trading, for example, too much confidence is placed within their own ability to trade. Professors Brad Barber and Terry Odean studied US investors with retailed brokerage accounts and found that more active traders earned the lowest r eturns.à ¢Ã¢â€š ¬Ã‚ (Byrne and Utkus, 2013, p.6). Another bias is that of the loss aversion where behavioural finance suggests investors are more sensitive to loss than to risk and return,(Byrne and Utkus, 2013, p.8) where traditional finance theory tended to focus solely on the relationship between risk and return. Two professors, Hersh Shefrin and Meir Statman, developed theories put forth by Tversky and Kahneman in a paper titled The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidencewhere they found evidence to suggest that investors sell winners too early and hold losers too long.(Shefrin and Statman, 1985, p.777). This can negatively affect investor returns and depicts some form of short-termism within investors psychology down to the bias of loss aversion. Conclusion To conclude, Behavioural Finance is a field that has had profound effects on the world of finance and investment, so much so it has put into question previous theories that were once considered valid and used as a foundation for most economic and financial hypotheses such as EMH and CAPM. As the field has developed practitioners have taken more notice of their own and others irrational behaviour, which is important considering prior to the introduction of psychological issues most were of the belief that themselves and others were rational. This can now be considered to be false, and as the dynamic nature of the financial work-environment induces mental and behavioural short-comings it is likely that the field will see further developments. Bibliography Bell, W.P. (2010). Capital Asset Pricing Model (CAPM) and Efficient Market Hypothesis (EMH) Contributing to the Global Financial Crisis (GFC). [Online]. Available at: https://williampaulbell.wordpress.com/2010/01/15/capital-asset-pricing-model-capm-and-efficient-market-hypothesis-emh-contributing-to-the-global-financial-crisis-gfc/ Byrne, A.B. and Utkus, S.U. (2013). Behavioural Finance Understanding how the mind can help or hinder investment success,Vanguard, pp.1-32. [Online]. Available at: https://www.vanguard.co.uk/documents/portal/literature/behavourial-finance-guide.pdf De Bondt, W.B. and Thaler, R.T. (1986). Does the Stock Market Overreact?The Journal of Finance, 40(3), pp. 793-805. [Online] Available at: https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1985.tb05004.x/pdf Fama, E.U. (1970). Efficient Capital Markets: A Review of Theory and Empirical Workà ¢Ã¢â€š ¬Ã‚ , Journal of Finance, 25(2), pp.383-417, Wiley Online Library [Online] Blackwell Publishing for the American Finance Association. Available at: https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1970.tb00518.x/pdf Lo, A.L. (2004). The Adaptive Markets Hypothesis: Market Efficiency from an Evolutionary Perspective, National Bureau of Economic Research, pp. 1-31. [Online]. Available at: https://opim.wharton.upenn.edu/~sok/papers/l/JPM2004.pdf Selden, G.C. (1912). Psychology of the Stock Market. New York, Ticker Publishing Company. Available at: https://archive.org/details/psychologyofstoc00seldrich Sewell, M.S. (2010). Behavioural Finance,University of Cambridge. [PDF] Available at: https://www.behaviouralfinance.net/behavioural-finance.pdf Shefrin, H.S. (1999). Beyond Greed and Fear: Understanding Behavioural Finance and the Psychology of Investing.New York. Oxford University Press, Inc. Shefrin, H.S. and Statman, M.S. (1985). The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence,The Journal of Finance, 11(3), pp.777-790. [Online] Available at: https://www.economia.unimib.it/DATA/moduli/7_6069/materiale/shefrin-statman-85.pdf Tversky, A.T. and Kahneman, D.K. (1973). Availability: A Heuristic for Judging Frequency and Probability,Cognitive Psychology, 5(2), pp. 207-232 [Online]. Available at: https://dtserv2.compsy.uni-jena.de/__C1257641005FF6B0.nsf/0/1538BC6A54743092C125764700444391/$FILE/TVERSKY+Availability+A+heuristic+for+judging+frequency+and+probality.pdf Tversky, A.T. And Kahneman, D.K. (1974). Judgement under Uncertainty: Heuristics and Biasesà ¢Ã¢â€š ¬Ã‚ , Science, 185(4157), pp.1124-1131. [Online]. Available at: https://psiexp.ss.uci.edu/research/teaching/Tversky_Kahneman_1974.pdf Tversky, A.T. And Kahneman, D.K. (1979). Prospect Theory: An Analysis of Decision under RiskEconometric, 47(2), pp. 263-291. [Online]. Available at: https://www.princeton.edu/~kahneman/docs/Publications/prospect_theory.pdf

Thursday, May 7, 2020

Benefits Of Minimum Wage - 1014 Words

Minimum wage is a struggle for many Americans and I believe it needs to be raised. The minimum wage of the United States is $7.25 an hour. It is a rate that isn’t letting many Americans live life comfortably. If the minimum wage was changed even a merely $3.75 it would change people’s lives and will let many people get by. The minimum wage of $7.25 has stayed the same since 2009 and there hasn’t been any effort by the government to change it. Many states have increased their minimum wage, but I hope that the minimum wage rises nationwide and not individually as states. One of the many groups of people that struggle on minimum wage are college students. Many people avoid going to college because their minimum wage job will not allow them†¦show more content†¦Another reason why the minimum wage needs to be increased because of single parents or even families in general. Many single parents or families rely on the minimum wage to live day by day. Although some may say that living alone with a child doesn’t cost much, but I disagree. Having a child cost a lot of money. These parents often do not raise their children because they must dedicate their life to working most of the hours of the week and must leave their children in a daycare or in the home of a close family relative. In between buying necessities for the child and having to raise them, they have to work long hours of the week because the minimum wage is too low to allow them to take a break. This is something that effects millions of families in the United States. Gould, senior economist at EPI tells NBC News, â€Å"Even in Tennessee, a state with some of the most affordable cities in the country, minimum wage workers cannot cover the cost of basic necessities such as housing, food and other expenses.† Families should also have the opportunity to thrive off the minimum wage. Furthermore people cannot pay the bills and take care of themselves on minimum wage. Minimum wage often cannot pay adult bills. Although in the past the minimum wage was way below what is it today, consumer prices have increased a total of 482%. Even college tuition has gone up 994% in pricing than in 1970, and that’s onlyShow MoreRelatedMinimum Benefits Of Minimum Wage1359 Words   |  6 PagesMinimum wage is described as  Ã¢â‚¬Å"the minimum amount of remuneration that an employer is required to pay wage earners for the work/services performed during a given tenure, which cannot be reduced by collective agreement or an individual contract†. Minimum wage can be established by statute, competent decision authority, a wage board, a wage council, or by industrial or labour courts.   The significance of minimum wage is to shield workers against disproportionately low pay. They help safeguard an equitableRead MoreMinimum Benefits Of Minimum Wages1399 Words   |  6 PagesMinimum wages are described as  Ã¢â‚¬Å"the minimum amount of remuneration that an employer is required to pay wage earners for the work/services performed during a given tenure, which cannot be reduced by collective agreement or an individual contract†. Minimum wages can be established by statute, competent decision authority, a wage board, a wage council, or by industrial or labour courts.   The significance of minimum wages is to shield workers against disproportionately low pay. They help safeguard anRead MoreBenefits And Benefits Of Minimum Wage1568 Words   |  7 Pagespoverty wages and provide few if any benefits (Low, 2015). The lowest income bracket has been getting increasingly poorer and since 1968, the real value of the minimum wage has progressively declined (Dietrich, 2004). Most low-wage employers do not offer health insurance to their employees and if they do, premiums are too high for employees to afford. Sick pay and retirement benefits are not likely to exist in these types of jobs. Due to a lack of training or continuing education benefits, most workersRead MoreThe And Benefits Of A Minimum Wage2730 Words   |  11 Pages The Affects and Advantages of a Minimum Wage 180 Hour 3 Shakopee High School A common saying known throughout the business world, â€Å"time is money†, which applies to every aspect of every work place, yet a something is missing from that saying. The missing element is just how much your time is worth. Recently with new raises in minimum wage the United States is taking steps to come more closely to the equilibrium of how much employees should be paid. With the many, many issues inRead MoreThe Benefits Of The Minimum Wage2000 Words   |  8 PagesThe advantages of the Minimum wage law outweigh its disadvantages. Introduction Minimum wage law is the lowest salary that employers need to pay to workers and United Kingdom legislate the minimum wage law in 1998. It is a way to improve the living condition of those low-income workers by raising their wage and also assure they can afford their daily consumption. The rate of the minimum wage is not fixed, it will increases as the living rate increases. The idea of minimum wage law is usually regardedRead MoreThe Benefits Of Raising The Minimum Wage1656 Words   |  7 Pagesto be should the minimum wage be raised or should it be lowered or eliminated altogether. From where I stand minimum wage should be raised. Everyone is more successful when people are paid a living wage. Changes to the minimum wage would strengthen the economy and business, Lift Americans out of poverty, and will be unlikely to significantly impact prices. The only way to grow the economy in a way that benefits 90% is to change the structure of the economy. Paying people a fair wage is a sign of respectRead MoreBenefits Of Minimum Wage Law990 Words   |  4 Pageshave a law in order to complete the bare minimum to afford a decent living condition, food for their families and even to put on decent clothes to keep themselves warm. The minimum wage law was set so employees have a decent living wage and are not in complete ruins after working rough conditions. There are many benefits towards the minimum wage law that was set in 1938 by President Roosevelt. It helps laborers who work in rough rugged conditions have a minimum set salary and have them able to affordRead MoreThe Benefits Of Raising The Minimum Wage706 Words   |  3 Pages Minimum wage is a difficult number to decide on because it affects different income earning citizens in different ways. According to Principles of Microeconomics, by N. Gregory Mankiw, minimum wage is a law that establishes the lowest price for labor that and employer may pay (Mankiw 6-1b). Currently, the minimum wage in the United States is $7.25 per hour. For many years politicians and citizens have argued on what should be the minimum wage that would benefit the economy and society in generalRead MoreBenefits Of Raising Minimum Wage1291 Words   |  6 Pages In recent years, the demand for an increased minimum wage has erupted across the nation. During the ongoing debate, a few states, cities, counties, and companies have taken the initiative to raise the minimum wage of $7.25 per hour to the varying wages of $7.50-$11.50 per hour. According the United States Labor Department, 29 states and the District of Columbia pay above the minimum federal level of $7.25 per hour. The raisi ng of the minimum wage has numerous supporters; however, there are individualsRead MoreBenefits Of Raising The Minimum Wage908 Words   |  4 PagesIn our modern society one of the seemingly least controversial topics is the minimum wage. The popular opinion wants to raise the minimum wage, but is the popular opinion always right? Throughout recent years, politicians have made promises to raise the minimum wage to help low-income earners live a better life. Contrary to popular belief, raising the minimum wage actually hurts low-income earners and low-skilled workers. We must first define a low-skilled worker. A low-skilled worker does not mean

Wednesday, May 6, 2020

June Etta Downey Free Essays

A Biography of June Etta Downey South Georgia Technical College August 20, 2010 June Etta Downey (1875-1932), Psychologist. Born on July 13, 1875, in Laramie, Wyoming. June came from a pioneer family that contributed a great deal to the development of the state. We will write a custom essay sample on June Etta Downey or any similar topic only for you Order Now Her father, Colonel Stephen W. Downey was one of the first territorial delegates to the United States Congress from Wyoming, and it was largely through his efforts that the University of Wyoming was established. Downey, like many other females pursuing professional careers, had to face many odds in order to achieve her goals. In early 1900’s the image of a professional woman was an unusual sight, particularly in a small place like Laramie. Most professional females were destined to become school teachers if they were not married. Downey avoided marriage in order to continue her higher education and being free to work in the field she always wanted experimental psychology. Downey graduated from the University of Wyoming in 1895. After a year of teaching at the University of Chicago, where in 1898 she took a master’s degree in Philosophy and Psychology. In that year she joined the faculty of the University of Wyoming as an instructor of Philosophy as well. In the summer of 1901 she studied Psychology under Edward Bradford Titchener at Cornell University. She was promoted to assistant Professor of English and Philosophy in 1902 and to Professor in 1905. In 1904 she published a volume of poems titled Heavenly Dykes. After a sabbatical year of further study at the University of Chicago, she was awarded her P. H. D. in 1908, and on her return to the University of Wyoming she became head of her department. Downey soon gave up the teaching of English to concentrate on Philosophy and Psychology, and the title of her professorship was changed formally to that in 1915. A gifted and often ingenious experimenter, Downey followed her principal interest in the Psychology of aesthetics into many areas of the arts and the mental processes associated with them. Downey’s work in muscle muscle ready, handwriting, handedness, color perception, and such topics led to deeper investigations into personality and creativity. Her work resulted in more than 60 articles in professional journals and several books, including Graphology and the Psychology of Handwriting, 1919; Plots and Personalities, with Edward E. Slosson, 1922. Downey was greatly interested in the creative arts. She wrote poems, plays, and stories throughout her life. She even wrote the school Alma Mater for the University of Wyoming. In 1911, she published the Imaginal Reaction to poetry, one of the most important experiments involving arts. This study examined the images people had in response to ready poetry. Downey believed that variation in such images revealed differences in character. Downey’s preliminary work personality led her to the creation of the Downey Will-Temperament Test. The Will-Temperament and Its Testing, a report on her attempt to test clinically aspects of personality other than intelligence, 1923; and Creative Imagination: Studies in the Psychology of Literature, 1929. She also published Kingdom of the Mind, a book on the experimental psychology for young readers, in 1927. Although the report presented several limitations itself, it brought the attention of several influential psychology exponents. Although highly valuable in intent and originality, the Downey tests also possessed great weaknesses. Downey continually pointed to the importance of the intra-individual relationship of the subtests, but did not provide any norms for comparisons. The tests had poor reliability, the subtests were very short and those subtests that supposedly measured similar traits did not correlate highly with each other. The tests also possessed poor validity, at least when the results were compared to personality ratings. In addition, there were complaints that the administration was complicated and the scoring was too subjective. All of these weaknesses prevented the tests from being more widely accepted, and Downey was planning to revise the tests at the time of her death. Despite her visibility, Downey never craved the spotlight. As she grew older, she concentrated on her teaching and left Laramie. Downey was recognized as an outstanding scholar in her field by election to the Society of Experimentalists and membership on the council of the American Psychological Association in 1923-1925. In the last decade of her life she received many forms of recognition, including appointment to APA Council, membership in the Society of Experimentalists, and election as a Fellow of the American association of the Advancement of Service. She was also an inspiring teacher and a valuable asset to her university in its early years. Downey became ill while attending the Third International Congress on Eugenics in New York City. She died two months later of cancer at the home of her sister in Trenton, New Jersey on October 11, 1932. She was 57 years old. The University held a memorial service for her and a bronze plaque was unveiled in her honor. References 1. Uwadmnweb. Uwyo. edu/as/Development/People/Downey-June%2006. html 2. www. psych. yorku. ca/femhop/June%20Downey. htm 3. Ww. britannica. com/EBChecked/topic/170477/June-Etta-Downey How to cite June Etta Downey, Essay examples

Sunday, April 26, 2020

Phish Rock N Roll Essays - Phish, Mike Gordon, Live Phish Series

Phish Rock 'N' Roll The band Phish is the greatest live band in rock n' roll today. It's not just incredible music that makes this band great. There is so much more to the experience of a Phish show. When a true Phish fan thinks of Phish, they think of more then just the music. They also think about having fun with friends, meeting new people, and seeing the town that the band will be playing at that night. One has to see a Phish show in order to get the whole idea behind the music. Phish's music is in a class of its own. According to bassist Mike Gordon, Phish plays bluegrass, Latin, rock, funk, classical, jazz, calypso, hard-core, and Broadway. Phish's music is characterized by simple lyrics, sophisticated instrumentals, extensive musical communication, and extended improvisation. This amazing band from Burlington, Vermont takes you on a mental journey through time and space, while making you dance like no other. They have over 150 great, mind blowing songs. They have fast, high energy songs and slow and slow, soul touching tunes. It is the best dance music around and leaves you wanting more. Seeing a Phish show is like being on a roller coaster that is so much fun that you just don't want to get off. Phish fans are the best fans in music. When you go to a Phish show, you will be amazed by the amount of respect and kindness you are treated with. After seeing a few shows at a time, I feel I had forgotten the meaning of the word nice. You will meet new and interesting people from all over the world. The best part about it is the everyone is there for one thing, the music. Phish tour is one of the most enjoyable things you could do with your summer. Nothing beats driving from city to city with your friends while experiencing some of the most incredables music of your life. Phish will play in big cities such as New York and Philadelphia, to cities as small as their home town, Burlington, Vermont. Whather you are camping at a campsite or hanging out in a hotel room, you are still having fun with your friends. Nothing beats a summer filled with Phish and traviling. One cannot put the experiences of the Phish culture in words. One can't just go out and purchase one of thier albums to get the jist behind the music. Phish has to be seen live. Part of the excitement is that the bands leaves the fans guessing what song they are going to play and how they are going to play it. When they break into something totally unexpected and play the tune like it's never been played before, you just wanna bust out into tears. All I need to describe live Rock n' Roll today is one word, Phish. Music Essays

Thursday, March 19, 2020

How to Use Respectively in a Sentence

How to Use Respectively in a Sentence How to Use Respectively in a Sentence Today, we’re looking at the word â€Å"respectively,† which we use to refer to something previously mentioned. This is a great word when used correctly, allowing us to clarify how different parts of a sentence relate to one another. But it’s also easy to misuse if you’re not sure how it works. Let’s look first at how â€Å"respectively† should be used, then, before examining a couple of common errors you’ll want to avoid. How to Use Respectively in a Sentence â€Å"Respectively† is an adverb meaning â€Å"in the order mentioned.† We use it when we want to emphasize the relationships between two pairs or items in two parallel lists (i.e., two lists that contain the same number of items). For example, we could use â€Å"respectively† as follows: Paris and Berlin are the capital cities of France and Germany, respectively. âÅ"“ This tells us that Paris is the capital of France and that Berlin is the capital of Germany. We know this because â€Å"respectively† means that the first city mentioned (Paris) goes with the first country mentioned (France), and likewise for the second city (Berlin) and country (Germany). Common Error: Non-Parallel Lists People make two main errors when using â€Å"respectively.† One is to use it without preceding parallel structures, or without a direct one-to-one relationship between items in two lists: The wires connect to the diode and fuse, respectively. âÅ"â€" Here, for example, â€Å"respectively† does not make sense because we don’t know how many wires there are or how they are distinct from each other. To correct this, we would need to write: The blue wire and green wire connect to the diode and fuse, respectively. âÅ"“ In this version, we can clearly see which wire connects to which component. Common Error: Unnecessary Use of Respectively Another error is to use this term when it isn’t necessary. For instance: Dogs and cats are common household pets, respectively. âÅ"â€" In this case, since both dogs and cats are pets, we can lose â€Å"respectively†: Dogs and cats are common household pets. âÅ"“ We would, however, use this term to distinguish between the two. For example, we could clarify the genus to which each species belongs: Dogs and cats belong respectively to the genera Canis and Felis. âÅ"“ Here, without the â€Å"respectively,† it would not be 100% clear which species belonged to which genus. This, therefore, is a good use of the term. And if you need any more advice on using this word in a document, don’t forget you can try our proofreading service for free.

Monday, March 2, 2020

Ketchup and Baking Soda Volcano

Ketchup and Baking Soda Volcano The acetic acid in ketchup reacts with baking soda to produce an extra-special type of lava for a chemical volcano. This non-toxic volcano recipe is sure to please! Ketchup Baking Soda Volcano Materials small container (I used an empty travel-size bottle.)volcano (You can mold it from clay or use a cardboard form.)ketchupbaking sodaliquid dishwashing soap (optional)water (optional) Make the Volcano Erupt This is really easy! Swirl together a squirt of dishwashing detergent (if you want foamy orange lava), ketchup, and enough water to achieve the desired thickness. When you are ready to start the eruption, add baking soda. Alternatively, you could mix together the baking soda, detergent, and water. Add the ketchup when youre ready for the eruption.The lava erupts slowly and steadily, rather than forcefully, so this is a nice volcano to make if you want a longer-lasting eruption. How the Volcano Works The ketchup contains vinegar, which is dilute acetic acid. The acetic acid reacts with the baking soda to produce carbon dioxide gas. The gas bubbles expand and rise through the liquid, bubbling out the ketchup.

Saturday, February 15, 2020

Faculty of Businnes, Environment and Society Assignment

Faculty of Businnes, Environment and Society - Assignment Example This issue can lead to serious monetary and non-monetary repercussions for the company. In the legal sense, the company has displayed an unacceptable level of negligence and casualty in the management of standard of care which should have been exercised adequately by the company to ensure that it maintained its reputation as a socially responsible enterprise. As such, it is the legal duty of Choc Deluxe now to take care of the situation so that the derogatory impacts of the incidence can be lessened if not mitigated completely. It cannot be denied that sheer negligence has been done on the part of Choc Deluxe which has resulted in the monetary and physical harm for the consumer of the product, Lauren. Thus, both the aspects of financial and physical losses and harm are associated with this incidence. Not only ahs her tooth and lips dammed because of biting the nail present in the chocolates but also she has to incur a high cost of 20000 for treating her broken tooth and the cut in he r lips. This is a form of pecuniary damage done to the plaintiff as per the tort of negligence (Buxton, 2000). This is because the plaintiff has been physically injured due to the negligent conduct of the company. Due to this, Choc Deluxe has to pay the monetary expenditures incurred in the treatment of the physical injuries and damages of the plaintiff, Lauren. In addition to this, Choc Deluxe should also issue a formal apology made to the plaintiff as a way of compensating for their negligence in non-monetary terms (Conaghan and Mansell, 2008). In this case, the liability of Choc Deluxe under the Tort of Negligence is high as there has been a significant lack of responsible behavior and exercising of the standard of care in the manufacturing processes and products of the company (Williams and Hepple, 2008). The incidence also brings into light the loopholes in the quality check

Sunday, February 2, 2020

Supreme Court Trilogy Decisions in 1960 Case Study

Supreme Court Trilogy Decisions in 1960 - Case Study Example The Steelworkers' Trilogy has significantly changed the way Arbitration is dealt with in America. The principles of law lifted from these cases served as the guidance and the primary basis in almost all of the decisions of the U.S. courts in arbitration cases that came into their attention for the succeeding years. This study will present the principles of law in relation to arbitration that were lifted from these cases. Specifically, this study aims to know, discuss, and analyze 1) the nature of the collective bargaining agreement, 2) the grievances that must be subjected to arbitration, 3) the scope of authority and powers of the arbitrators, and 4) the role of the courts in arbitration cases. 1) The basis for determining who has the authority for grievance proceedings is the Collective Bargaining Agreement (CBA) which is the contract entered into between the management and a recognized bargaining union of a company. 2) Arbitration is a contractual issue. As such, the courts should not intervene if both parties voluntarily agreed under the CBA to authorize an arbitrator to resolve disputes arising from different interpretations of the negotiated agreement. 3) Courts cannot look into the merits of the arbitration award. The courts' judicial review is only limited to the question of whether the contract authorizes arbitration of the particular issue in dispute. The resea4) If the agreement does not explicitly authorize arbitration or does not provide the forum for grievances, the courts should determine it. Methodology and Scope The researcher carefully read and thoroughly analyzed the decisions of the U.S. Supreme Court in these cases. He also researched and examined the opinions and findings of legal personalities and writers after these cases were decided. Aside from the trilogy cases, the researcher also made use of one additional case and six commentaries and/or researches, all were taken from reputable sources in the Internet. Review of Related Literature Rainseberger enumerated the common law treatment of voluntary remedies: "Traditionally, in the United States, the courts have looked with disfavor at efforts of private citizens to use voluntary methods to resolve contractual disputes. Many states courts have seen arbitration of disputes as an undesirable alternative to litigation. It is often viewed as an effort to supplant to jurisdiction of the courts. Under the common law, arbitrating agreements were regarded as purely executory. In other words, an agreement to arbitrate a dispute could unilaterally revoke at any time prior to the issuance of a final award." Gershenfeld stated that: "From the 1930s to the 1950s, it was not uncommon for management to argue that an arbitrator's task in disciplinary matters was limited to determining whether or not the incident of which the employee was accused had occurred. If it had, management claimed the arbitrator's task was over, and the assigned penalty should be upheld. This view did not prevail in the following years." In the case of Raceway Park v. Local 47 Service Employees International, the U.S. Court of Appeals (for Six Circuit), citing the International Association of Machinists v. Cuttler-Hammer (67 N.Y. S.2d 317), said: " Prior to 1960, states courts hesitated to enforce grievance arbitration provisions. Even where state courts were willing to enforce CBAs, they often did so

Saturday, January 25, 2020

Analysis of Demian by Hermann Hesse :: Demian Herman Hesse Germany Essays

Analysis of Demian by Hermann Hesse Demian is the story of a boy, Emil Sinclair, and his search for himself. Emil was raised in a good traditional home at the turn of the century in the nation of Germany. His family is very wealthy and they have a reputation as a principled, religious family. As a boy, Sinclair views the world within the walls of his home as representing all that is good, pure, and innocent. But starting at a young age, he feels an inner conflict between his own little world, the "world of light," and the outside world, or "forbidden realm" which represents sin and loneliness. Even though his mother, father, and two sisters remain within the "world of light", he constantly feels attracted to the outside realm. He ends up feeling uncertain between both of his little worlds, and not belonging to either one of them. This struggle between Sinclair’s two worlds is evident when Sinclair is about 10 years old. While playing one day with some fellow schoolmates, Franz Kromer, an older kid, joins them. In an effort to impress the older boy and his schoolmates, Sinclair makes up a story in which he and another unnamed accomplice stole a bag of apples from a fellow neighbor. Although the story is untrue, Kromer threatens Sinclair with exposure if Sinclair does not pay him off. Unable to pay the full amount, Sinclair is forced to become Kromer’s slave, ultimately sending Sinclair into depression and paranoia. Sinclair feels trapped by Kromer, forced to live within the "forbidden realm", which in turn exiles him from the "world of light" because he has defiled himself by lying and committing sinful acts for Kromer. This experience is traumatic for Sinclair and he is often haunted by nightmares, he is unable to eat, and he becomes withdrawn and sullen. His personality alters as he tries to cope with the bondage of his slavery to this lower-class, troublesome kid, but he sees no escape and reluctantly succumbs to what he believes to be his fate. The arrival of a new kid in tow n, Max Demian, is noticed by everyone due to the strange aura that surrounds him and his recently widowed mother. From the start, Sinclair feels a type of fascination for Demian, a confusing feeling filled with both love and hate. "He was in every respect different from all the others, was entirely himself, with a personality all his own which made him noticeable even though he did his best not to be noticed; his manner and bearing was that of a prince disguised among farm boys, taking great pains to appear one of them.

Friday, January 17, 2020

Gemstone and Diamond Mining Through the Years

Gemstones have been a symbol of wealth from the ancient times up to the present. These stones with their own characteristic, unique and special properties have always been associated to beauty too. Popular and famous persons throughout history, especially those from the noble family have used gemstone to adorn not only themselves but their dwellings as well. In the United States, mining of these stones has been for recreational activity only for collectors and hobbyists since 1935 (Gemstones Production, USGS). Nevertheless, as the value of gemstones inflated, large scale mining operations have been initiated. In this paper, we would explore the world of gemstones; what truly fits the word gemstone, how are they classified and the methods of mining.GemstonesThe word â€Å"gem† actually came from the Latin word gemma, which means â€Å"bud† (Microsoft Encarta). It is a very fitting name since gems seem to bud out of the earth’s crust like flowers in a garden. Gem o r gemstone means any mineral or organic material that can be used to decorate one’s body, for display or can be considered an object of art due to its unique properties it possesses such as beauty, rarity and durability. Colored and diamond gemstones are subcategories of gemstones. Basically, colored gemstones are all other stones except diamond such as amber, coral and shell (Olson 32.1).On the other hand, natural gemstones are minerals, stones or any organic matter that can be cut, polished, or treated for use as jewelry or other personal ornament (Gemstones Terms, USGS). Gemstones can be further classified as precious or semiprecious gemstones. Precious gemstones have beauty, durability and rarity, while semiprecious gemstones have only one to two of these characteristics (Gemstones Terms, USGS). Diamond, ruby, sapphire, emerald, aquamarine, topaz and opal are classified as precious gemstones while others are treated as semiprecious (Gemstones Terms, USGS). Since gemstones are rare, they are not plentiful and these stones do not form ores like other mining products. They tend to be scattered throughout a large body of rock or can be crystals found on small cavities of rocks (Gemstones Environment, USGS).Gemstones are primarily found from Tennessee, Alabama, Arkansas, North Carolina, Oregon and Arizona (Gemstones Specialist 64). However, most gem diamond reserves are not found in the United States. Diamonds are usually mined from Southern Africa, Russia, and Western Australia (Gemstones Specialist 65). The very first used as jewelry were amber, amethyst, coral, diamond, emerald, garnet, jade, lapis lazuli, pearl, rock crystal, ruby, serpentine and turquoise (Olson 32.1).In the US, the commercial gemstone industry consists of individuals and companies that mine gemstones or harvest shell and pearls, firms that manufacture synthetic gemstones and individuals and companies that cut natural and synthetic gemstones (Olson 32.1). Worldwide, the industry is only composed of two sectors: diamond mining and marketing and the production and sale of colored gemstones (Olson 32.3).Throughout the year, few of the diamonds mined are of gem quality; much of them are of near-gem and industrial in quality. Gem quality diamonds display high standards of excellence in quality and can be sold as jewelry. Clarity of such diamonds is from flawless through to visible inclusions. On the other hand, near-gem quality represents diamonds that fall between gem and industrial quality and thus can be used for either purpose.   Clarity of this set is from visible inclusions to industrial. Lastly, industrial quality diamonds are of low quality and cannot be used as jewelry or adornment. These diamonds are suitable only for industrial use such as dentist’s drills and earthmoving equipment (Mining Diamonds).Diamonds are formed beneath the earth’s surface and required tremendous pressure and temperature. Like diamonds, most gems are crystals forme d by cooling hot gases, solutions, and melts. As the earth’s soil surface weathers and erodes, and rivers forcefully flow through, gemstones may be exposed and be unearthed where one can even simply bend over the riverbank and pick them up (Microsoft Encarta).MiningOne of the two primary industries of early civilization is mining. Like agriculture, it is one of humankind’s earliest endeavors (Introduction to Mining 1). In 3400, Egyptians in Sinai did the first ever-recorded mining where they have found turquoise (Introduction to Mining 7). Usually, gemstones are excavated at the surface. However, through the years, underground mining especially for diamonds have been developed. Unlike surface mining, underground mining is more complicated and expensive. It involves the efficiency, safety and permanence underground (Introduction to Mining 11).Mining is the process of obtaining useful minerals from the earth’s crust. Its process requires excavations in underground mines and surface excavations in open pit or open cut mines. Thus, it involves physical removal of rock and earth to acquire gems and other important minerals. (Microsoft Encarta). Mining consists of four stages. These stages are prospecting or search for mineral deposits, exploration or the work included in evaluating the extent of economic value of the deposit, innovation or the work of preparing access to the deposit so that the minerals can be extorted from it and exploitation which is the process of extracting the minerals (Microsoft Encarta).Methods of MiningThere are several methods of mining. For gemstones, they are usually obtained on rivers and shores. However, there are also other ways of obtaining them in large scale mining operations. Exploitation methods can be classified into two categories based on setting which are surface and underground mining. Surface mining operations consists of mechanical excavation techniques such as open pit and open cast or strip mining. T here are also aqueous methods such as placer mining and solution mining. On the other hand, underground mining is usually categorized into unsupported, supported and caving methods (Introduction to Mining 11).Placer mining involves excavating loose or alluvial such as sand and gravel. The sought after gems are separated from the sand or gravel by a series of screens, jigs and sluices. This type of mining is usually used for diamonds and rubies (Microsoft Encarta). At present, surface mining involves production of blastholes 3-15 inches in diameter by rotary or percussion drills for the placement of explosives in order to remove consolidated rock. The explosives are then inserted and detonated. The material then is loaded and hauled for transport (Introduction to Mining 15).Diamond MiningDiamonds are mined by pipe or alluvial methods. In pipe mining, extraction of diamonds is done from volcanic pipes. Unlike other gems, diamonds are usually found underground and on volcanic rocks and lands. In diamond pipe mining, large areas are exploited wherein an average of 250 tons of volcanic rock is mined just to produce a one-carat gem quality polished diamond (Mining Diamonds). Due to this intricate and costly process, diamonds are really rare and precious. Diamond pipe mines are composed of kimberlite material called blue ground. At the start, kimberlite is dug from the surface by rough opencast mining. Nevertheless, as the surface deposits are exhausted, pipe mining is employed by sinking shafts into the ground at the edge of pipes and tunnels are driven into the deeper parts of the pipes. By doing so, diamond-bearing rock is excavated and is then transported for screening (Mining Diamonds).Another method of diamond mining is alluvial mining. In this method, diamonds are extracted from riverbeds or ocean beaches. It is true that diamonds are made inside volcanic pipes and lands, however, millions of years allowed that some of the diamonds formed are weathered out of the volcanic pipes and carried to great distances by rivers and oceans. Thus, the process of alluvial mining involves building a wall that holds back the surf. About 25 meters of sand is demolished aside to reach the diamond-containing level in the ocean and riverbeds. The diamond-containing sand is then acquired and transported to screening plants (Mining Diamonds).In screening plants, diamonds with kimberlite are cleaned and purified. Separation of the diamonds from the kimberlite ore involves a process much like the panning of gold. The kimberlite ore is put into large funnels along with a heavy fluid and is then, mixed in a rotating manner. Since diamonds are heavier than the other materials from which it is mined, they sink into the bottom of the funnels and spill out. After this process, the diamond is almost free from other waste (Mining for Diamonds).Diamonds can then be washed on shaking grease-covered tables. Uncut diamonds then adhere to the grease while the other fragmen ts of waste ore are vibrated past and are discharged to tailings pile. The tables are then scraped for diamonds in the grease and then are boiled to melt the grease and separate the diamonds (Microsoft Encarta). Finally, these diamonds are separated into different grades or quality as industrial, gemstone or near-gem grades.After-Mining OperationsRough uncut diamonds do not actually look attractive. Such diamonds are needed to be cut and polished before anyone can see their beauty and relevance in personal adornment and jewelry. The process of cutting and polishing originated in India where Indian natives discovered a way to make rough diamonds glisten by simply grinding another diamond against it (Mining Diamonds). Diamonds are known for their hardness, no material has ever been found which is capable of cutting diamond until the Indians found out that diamonds could actually be cut and polished by diamonds. The process of cutting and polishing typically lasts for several hours to several months. After which, the diamond will turn out lighter for at least half of its original weight (Mining Diamonds).Diamonds are first carefully examined before cutting. Diamonds are popularly cut into round brilliant since this shape gives the greatest possible brilliance with the minimal weight loss. Cutting uses an instrument similar to grinders. This cutting instrument is made of a paper-thin metal disc coated with diamond dust revolving at a fast speed. Lasers can also cut diamonds nowadays. The corners of the diamonds are then rounded by grinding another diamond producing some dust that can later be used in polishing. Diamonds are then polished to make them sparkle brighter. The diamond dust from the cutting is placed on a turntable made of iron and oiled. The cut diamond is then grinded against the turntable until it sparkles beautifully (Mining Diamonds).ConclusionGemstones are treasures not only of powerful people but also of mighty and ancient civilizations. As human kind became civilized, gemstones such as diamonds and sapphires became symbols of prosperity and elegance. Their crystalline structure, the rarity, and the arduous process of mining them have lived up to their symbolism throughout the years and continue to do so.Works Citedâ€Å"Gemstones Environment.† 18 June 1997. United States Geological Surveys, USGS. 30 April 2008 < http://pubs.usgs.gov/gip/gemstones/environment.html>.  Ã¢â‚¬Å"Gemstones Production.† 18 June 1997. United States Geological Surveys, USGS. 30 April 2008 < http://pubs.usgs.gov/gip/gemstones/production.html>.â€Å"Gemstones Terms.† 18 June 1997. United States Geological Surveys, USGS. 30 April 2008 < http://pubs.usgs.gov/gip/gemstones/terms.html>.â€Å"Gemstones†. Gemstones Specialist (703) 648-7721, Mineral Commodity Summaries, January 1996. USGS. 30 April 2008 .â€Å"Introduction to Mining.† 30 April 2008. .â€Å"Mining.† Microsoft Encarta 2007. 1993-2006 Microsoft Corpora tion. CD-ROM.â€Å"Mining Diamonds†. 30 April 2008 .â€Å"Mining for Diamonds.† 30 April 2008 .Olson, Donald. â€Å"Gemstones.† USGS 2000 Yearbook. USGS. 30 April 2008

Wednesday, January 8, 2020

Compare and Contrast the Narrators in Gullivers Travels...

Compare and contrast the narrators in Gulliver’s Travels and Frankenstein, the narrative methods, and the effects of these different ways of telling a story in Gulliver’s Travels and Frankenstein. Ravee Chen S2 English H Dr.Freisen 8 April 2010 Word count: 1491 Why do authors use different types of narrators? Jonathan Swift and Mary Shelly have both chosen a first-person narrator in their novels Gulliver’s Travels and Frankenstein. In Gulliver’s Travels the narrator is Gulliver and the book is a personal account of four voyages to unexplored lands around the globe. In the first voyage he winds up in Littleput where everyone is tiny. During his second trip he is taken to a land of giants called†¦show more content†¦In fact, in response to the King’s refusal Gulliver exclaims, â€Å"A strange Effect of narrow Principles and short Views!†(Swift 124) The values and ideology of imperial England are too deeply ingrained in Gulliver which causes bias that distances the reader. In book 4 when Gulliver first encounters the Houyhnhnms, rational and philosophical horses with near human intelligence, he says, â€Å"they must needs be Magicians.†(Swift 218) This wild statement proves that Gulliver, by bo ok 4, has become an unreliable narrator comparable to Frankenstein. His absurd and irrational way of thinking causes the reader is to be completely distanced from Gulliver. This mirrors the author-narrator gap that Jonathan Swift stated in the beginning of the book by labelling â€Å"Le’Muel Gulliver† as the author not himself. Gulliver’s love for travel transforms him into a man who rejects humanity and is repulsed by even his own family and Frankenstein is changed into a madman by his scientific endeavours. A single narrator is used by Jonathan Swift in to highlight the decline of one man. If multiple narrators were used in this novel then his satire would be weaker since we would get many perspectives on the same event and the reader would not align themselves with a single narrator’s perspective. This single mindedness strengthens the satire. The telling of Gulliver’s Travels through a first person narrative allows enhances the satire of the European society and