The Success Of The Great Recession - 1320 Words

The Great Recession began in December 2007 and officially ended in June 2009 while many macroeconomic forces were at fault, the primary cause was securitizations of debt. While debt is an important part of any economy, allowing for the financing of business activities, the purchase of homes, and continuing education, there is also an inherent risk in the system. Most debt is issued in with fixed rate interest, though during the 1970 s a new instrument was introduced to both consumers and businesses, which was variable rate loans. This instrument, allowed for introductory rates for a short time frame, then becomes a variable rate, which is normally 200 basis points above the going rate for standard fixed loans. Though a relatively new instrument, it allowed for the most recent recession to become one of the largest losses of capital in recent history, as millions of homeowners were allowed to purchase homes, which they could not afford. This was only the first mechanism, which allowed the market to collapse. Many parallel events to this recession have happened throughout recorded history. The first among them in the United States was the great panic of 1837, which had similar underpinnings as the most recent crisis. The Great Panic of 1837 Financial tools and arrangements have almost always been speculative, going from the first ownership of land and the creation of wealth, mankind has always tried to value and gain or time what has become referred to as the market. AlmostShow MoreRelatedThe Success Of The Great Recession1375 Words   |  6 PagesThe Great Recession which lasted from 2008 to 2010 is often regarded as the greatest economic crisis since the Great Depression which took place during the 1930s. The causes of both crises can be said to be similar as both lie in the actions of the federal government. While the crash of the stock market in 1929 is said to be one of the major causes and sometimes even the main cause of the Great Depression, there are also other circumstances that led to this economic crisis. Bank failures during theRead MoreRole of the Brand Ambassadors in Marketing1060 Words   |  5 Pages Marketing during Recession Recession is a time when consumers are highly concerned about their â€Å"pockets†. Consumers go into a â€Å"savings† mode and think twice before spending even a penny of their hard earned money; their involvement in a purchase decision increases manifold and they intensely evaluate products before making the final purchase. Is it possible for a business to strive during a recession? Though the picture may not look so lustrous, recessions are still a great opportunity in adversityRead MoreTo What Extent Was The New Deal A Success? What Were Its Successes And Failures?1682 Words   |  7 Pages2 Professor Ojserkis 1 May 2017 To what extent was the New Deal a success? What were its successes and failures? The new deal was many programs issued by the US government to help the economy after the stock market crash of 1929. The new deal was issued because of the great depression and the new deal was a way to get out of the great depression. The great depression began in August 1929 and it lasted for about 10 years. â€Å"The Great Depression lasted from 1929 to 1939, and was the worst economic downturnRead MoreRunning Head: Great Recession 1. Great Recession5. . .884 Words   |  4 PagesRunning head: GREAT RECESSION 1 GREAT RECESSION 5 Great Recession Name Institution Great Recession There are times when a nation undergoes economic hardship for a long or short period of time. The recession is the term used by economists to define this period, it is a time when the nation?s economic GDP is low for more than two quarters consecutively (Beckworth, 2012). Recession often results in plunges in the stock market, unemployment, housing market, and a decrease in the qualityRead MoreThe Great Recession Fiscal Policy: Analyzing Problems and Solutions1429 Words   |  6 Pagesof the Great Recession of 2007 to 2009, the United States government implemented various fiscal policies in an effort to stimulate the economy. How the government responded as well as how those responses will affect the U.S. economy into the future are the focus of a proposed research study. In order to ensure an appropriate focus for the proposed research study, problems in existing literature must be evaluated. This paper is structured as follows. In order to better understand the Great RecessionRead MoreBusiness Analysis Part Iii Essay1297 Words   |  6 PagesBeverly Mahone MGT/521 December 3, 2012 Robert dAlessio Business Analysis Part III Strategy management is the key to success in any organization. However, without the proper strategy and implementation, it is difficult for any business to survive regardless of the industry or the size of the company. The largest retail company in the world is Walmart. The success of Walmart is because of its sound strategic management decisions and it ability to implement its strategic decision. A majorRead MoreAustralia s Economic Success And Growth Rates1699 Words   |  7 Pagesof regional economies (Heritage.org). The reasons for Australia’s ongoing success is mainly because of the boom in foreign demand of importing the plethora of natural resources and minerals the country contains, combined with the structural economic policies enacted in the 1980’s (The Economist - Australia’s Economy). Australia is also one of the few countries in the world that was essentially unaffected by the Great Recession during 2008 and 2009, because of the intuitive financ ial stimulus decisionRead More Milton Friedman Essay1059 Words   |  5 Pageshis accomplishments and awards he has received, but what about how Milton Friedman played a very important role in helping us get into a huge national debt? This paper will discuss how Milton Friedman played a negative role in our economy. When the Great Depression hit worldwide, it was up to the economists to explain it and to devise a cure for it. A person named John Maynard Keynes came up with an explanation to the economic slump that was so simple people did not think it would work. Keynes explanationRead MoreAnalysis Of Palmer s Concrete Limited Liability Company1392 Words   |  6 PagesUniversity Introduction In the analysis of Palmer’s Concrete Limited Liability Company. The company seems to have many opportunities to regain the industrial statues that made them a thriving company prior to the 2007-2009 economic recession. Floyd Palmer, owner gives the company the most prestigious advantage, the combination of thirty-year’s experience. Although, Floyd is a Baby-Boomer he understands that hard work today does not come cheap for most his age. For Floyd, learning a skilledRead MoreJohn Maynard Keynes And The Classical Model Essay1167 Words   |  5 PagesPart One John Maynard Keynes is referred to as one of the most well known economists of his time. Not only was he able to come up with a solution to essentially try to move the economy out of recession and stop booms and busts, but his theory is still being used in todays day and age 70 years later. One big question that has been asked repeatedly about Keynes theory is why did he not believe in self-adjustment of the economy. Keynes rejected the idea that market economies would automatically move

task 3 - 1185 Words

Task 3 for GKE 1 March 25, 2014 Western Governors University Page 2 In 1615 the East India Company acquired its first territory in Bombay, India. The East India Company was a British company that traded for goods, services, and raw materials with India. What initially started as a trading company became a company ruling a country with Brittan’s backing. The company established an army in India comprised mostly of local citizens called Sepoys. With help from the British army and navy, the East India Company fought other European countries also occupying India for control of the region. By 1715 the EIC and Brittan had beaten back the French in the Battle of Plassey. This secured their dominance in India and a†¦show more content†¦In order to end the civil acts of disobedience the British agreed to set all political prisoners free in 1931. This agreement was known as Gandhi-Irwin pact; Lord Irwin was the viceroy of India at the time (History, 2010). Page 4 In 1939 World War II broke out in Europe. Britain proclaimed India’s involvement in the war without consulting the Indian people. This led to increased protest and volatility. In 1942 India established a national army and proposed the Quit India Movement. This movement promised to lend Indian military support to Britain in return for complete independence. If they refused this treaty the Indian people promised civil disobedience. In 1947 India was granted its independence and became self governing (Luscombe, 2012). On January 26, 1950 the Republic of India was proclaimed and it drafted a constitution. The first democratic elections were held in 1952. However the Hindus and Muslims were not united and colonial India was divided into Muslim Pakistan and Hindu India (History, 2010). In contrast to the non-violent Indian revolution the American Revolution was a violent struggle for independence from Britain. The British victory in the French and Indian War left Britain†™s resources stretched thin due to the fact that its land holding had increased in size. The war was also expensive and drained the British coffers. In order to remedy this problem American colonist were forced toShow MoreRelatedTask 33583 Words   |  15 Pages(musicians) are empowered to make decisions about the operations of the symphony. In looking at how the Opera fits into the CVF we see that they have characteristics that are consistent with a Market Culture. The Opera unlike the symphony is limited to 3 to 5 performances a year. This sets the stage for a fundamental difference in the two organizations. The Opera has a permanent staff of 23 relying on contract employees to fill the required spots for the chosen performances. In a market culture thereRead MoreEgt1 Task 3751 Words   |  4 PagesEGT-1 Task 3 Revised A. Summarize the four major pieces of legislation collectively known as the Antitrust laws. United States antitrust law is a collection of federal and state government laws, which regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers. The four major pieces of legislation known as the Antitrust Laws include: The Sherman Act, The Clayton Antitrust Act, The Federal Trade Commission, and the Celler-KefauverRead MoreSat1 Task 31070 Words   |  5 PagesSAT1 Task 3 Cherilyn Moser Healthcare is an ever growing concern around the world today. Populations continue to grow and people are living longer than ever. Nations have different systems for healthcare. The United States and Japan are two healthcare systems that are have different coverages for their citizens. United States: The United States has multiple opportunities for insurance coverage for people. There are many private insurance companies to insure Americans. There are alsoRead MoreAft Task 3623 Words   |  3 PagesAFT Task 3 As our Joint Commission audit approaches, Nightingale Community Hospital has conducted a tracer patient survey to assess our compliance. The tracer methodology tracks a selected patients care from admission to discharge, allowing us to evaluate our systems of providing care and to ensure that we are meeting the Joint Commissions standards of providing safe, quality healthcare. Our tracer patient was a 67 year old female who presented with a fever and drainage five weeks afterRead MoreAMT Task 31827 Words   |  6 Pagesï » ¿ AMT Task 3 Cassandra Davenport ID:000366484 Program: MBA, Healthcare Management, 2/1/14 Mentor: Rusty Lynch 931-580-9182 Chapel Hill, TN Central Time Zone cdaven5@wgu.edu Current National Healthcare Trends and Policy Initiatives Affecting Healthcare Healthcare is in a constant state of change with movements that impact rates, access and quality of care. Hospitals have become more competitive due to the rising cost of care delivery and the reduction in reimbursement from payersRead MoreHat Task 31308 Words   |  6 PagesGlobal and Environmental Communicable Disease Effects July 8, 2013 Western Governors University HAT- Task 3 Global and Environmental Communicable Disease Effects Community health nurses face many concerns that can create environmental and global health issues. In history, humans have battled many health epidemics, from as early as the black plague, to polio, and more recent issues of measles, small pox, and HIV/AIDS. Many vaccines have been created and billions of lives have been savedRead MoreEgt Task 31291 Words   |  6 Pages3 The numbers of firms that produce identical products or goods which are homogenous are called market structure. Industrial regulation is the government regulation on an entire industry with the objective of keeping a close eye on the industry prices and take advantage of consumers. Rules set by government and agencies that help control the operations of businesses who may demonstrate monopoly power in their organization. Monopoly may lead to consumers being exploited (higher prices) and consumersRead MoreRjct Task 31606 Words   |  7 Pagesmeasurement of perfect orders. An error code can be developed for faulty power tools. The following percentages can also be used: Parts entry 99% correct Delivered on time 89% Shipped without damage 87% All three can be added to calculate the 275/3 = 91%. Therefore, 91% would be the fill rate. Fulfilling a perfect order depends on the journey through the supply chain, it is filled with constant movement and activity, and each step holds the potential for delays, wasted money, and errors. ThisRead MoreAft2 Task 3808 Words   |  4 PagesAccreditation audit 4 June 2015 Contents A. Tracer Audit 3 A1. Focus issue 3 A2. Corrective action 4 Works Cited 5 A. Tracer Audit The tracer was performed as part of a process improvement to assess compliance with The Joint Commission standards (The Joint Commission, 2015). In this process, a random patient chart was chosen and the process followed from admission to discharge including any directly related follow-up or readmission. The chart chosen for this tracer was for aRead MoreHat1 Task 32612 Words   |  11 PagesEnvironmental and Global Health Issues Western Governors University Community Health Practice HAT1 Task 3 May 15, 2013 Environmental and Global Health Issues Because of the uncertainties and evolving nature of infectious diseases, outbreaks can cause substantial fear in communities and in the general public. Such is the case with the severe acute respiratory syndrome (SARS) epidemic in 2003. It was the first serious infectious disease of the twenty first century and questions

Grace Murray Hopper free essay sample

In 1928 she graduated from Vassar College with a BA in mathematics and physics and joined the Vassar faculty. While an instructor at Vassar, she continued her studies in mathematics at Yale University, where she earned an MA in 1930 and a PhD in 1934. She was one of four women in a doctoral program of ten students, and her doctorate in mathematics was a rare accomplishment in its day. (cs. yale. edu/-tap/files/hopper. stoyr. html/Grace Murray Hopper) Hopper wanted to join the military as soon as the United States entered World War II. However at 34 she was too old to enlist, and as a mathematics professor, her job was considered essential to the war effort. She was determined to join the Navy and was commissioned a Lieutenant after attending Midshipman’s School. Because of her mathematical background, Hopper was assigned to the Bureau of Ordnance Computation Project at the Cruft Laboratories at Harvard University, and upon her arrival at Cruft, she began working with Howard Aiken on the Mark I computer, America’s first programmable digital computer. She embraced the challenge of the Mark I, and could hardly wait to disassemble it and figure it out. She became the third person to program the Mark I. (thocp. net/biographies/hopper_grace. html) The Mark I was the first digital computer to be programmed sequentially. The complex code of machine language could be easily misread or incorrectly written. To reduce the number of programming errors, Hopper and her colleagues collected programs that were free of error and generated a catalogue of subroutines that could be used to develop new programs. By this time, the Mark II had been built. Aikens team used the two computers side by side, effectively achieving an early instance of multiprocessing. After the war, at age 40, Hopper remained in the Navy Reserves and stayed on at the Harvard Computational Laboratory as a research fellow, where she continued her work on the Mark computer series. The problem of computer errors continued to plague the Mark team, and one day, noticing that the computer had failed, Hopper and her colleagues discovered a moth in a faulty relay. The moth was removed and fixed to the page of a logbook as the first actual bug found. The words bug and debugging now familiar terms in computer vocabulary, are attributed to Hopper. (sdsc. edu/ScienceWomen/hopper. tml) In 1949 Hopper joined the Eckert-Mauchly Computer Corporation as a Senior Mathematician and there she worked with John Eckert and John Mauchly on the UNIVAC computer. By then programs contained mnemonics that were transformed into binary code instructions that could be executed by the computer. Admiral Hopper and her team extended this improvement on binary code with the development of her first compiler, the A-O. The A-O series of compilers translated symbolic mathematical code into machine code, and allowed the specification of call numbers assigned to the collected programming routines stored on magnetic tape. One could then simply specify the call numbers of the desired routines and the computer would find them on the tape, bring them over and do the additions. This was the first compiler, she declared. Admiral Hopper believed that the major obstacle to computers in non-scientific and business applications was a lack of programmers for these far from user-friendly new machines. The key to opening up new worlds to computing, she knew, was the development and refinement of programming languages that could be understood and used by people who were neither mathematicians nor computer experts. It took several years for her to demonstrate that this idea was feasible. Pursuing her belief that computer programs could be written in English, Admiral Hopper moved forward with the development for Univac of the B-O compiler, later known as FLOW-MATIC. It was designed to translate a language that could be used for typical business tasks like automatic billing and payroll calculation. Using FLOW-MATIC, Admiral Hopper and her staff were able to make the UNIVAC I and II understand twenty statements in English. When she recommended that an entire programming language be developed using English words, however, she was told very quickly that [she] couldnt do this because computers didnt understand English. It was three years before her idea was finally accepted; she published her first compiler paper in 1952. Admiral Hopper actively participated in the first meetings to formulate specifications for a common business language. She was one of the two technical advisers to the resulting CODASYL Executive Committee, and several of her staff were members of the CODASYL Short Range Committee to define the basic COBOL language design. The design was greatly influenced by FLOW-MATIC. As one member of the Short Range Committee stated, [FLOW-MATIC] was the only business-oriented programming language in use at the time COBOL development started. Without FLOW-MATIC we probably never would have had a COBOL. The first COBOL specifications appeared in 1959. Admiral Hopper devoted much time to convincing business managers that English language compilers such as FLOW-MATIC and COBOL were feasible. She participated in a public demonstration by Sperry Corporation and RCA of COBOL compilers and the machine independence they provided. After her brief retirement from the Navy, Admiral Hopper led an effort to standardize COBOL and to persuade the entire Navy to use this high-level computer language. With her technical skills, she lead her team to develop useful COBOL manuals and tools. With her speaking skills, she convinced managers that they should learn to use them. Hopper has often been referred to as ‘the mother of COBOL’. Another major effort in Admiral Hoppers life was the standardization of compilers. Under her direction, the Navy developed a set of programs and procedures for validating COBOL compilers. This concept of validation has had widespread impact on other programming languages and organizations; it eventually led to national and international standards and validation facilities for most programming languages. (cs. yale. edu/-tap/files/hopper. stoyr. html/Grace Murray Hopper) Grace Murray Hopper spent much of her inventive career proving that something thats never been done before isnt impossible. It was this kind of positive thinking that inspired Hopper to invent the first computer compiler in 1952. This revolutionary software facilitated the first automatic programming of computer language. Before Hoppers invention, programmers had to write lengthy instructions in binary code (computer language) for every new piece of software. Because binary code consists solely of 0s and 1s, it was difficult for programmers to get through their time-consuming tasks without many frustrating mistakes. She knew there had to be a solution to this dilemma. Determined, she wrote a new program which freed software developers from having to write repetitive binary code. Each time the computer needed instructions that were common to all programs, the compiler would have the computer refer to codes in its own memory. The compiler was a time and error-saving breakthrough for the computer world, but Hopper didnt stop there. She also invented COBOL, the first user-friendly business software program, which is still in use today. By the time she retired in 1986, Rear Admiral Grace Hopper had taken her place in history by questioning the impossible. With a Ph. D. in mathematics and physics from Yale University, she based her success as a computer pioneer on a solid education and a strong and inquisitive will. In her naval office, she hung a clock that ran counterclockwise as a reminder of the key principle to her success: most problems have more than one solution.

Karl Marx Biography And Synopsis Of Views Essays - Karl Marx

Karl Marx Biography and Synopsis of Views Karl Marx Biography and Synopsis of Views Karl Heinrich Marx was born on May 5, 1818, in the city of Trier in Prussia, now, Germany. He was one of seven children of Jewish Parents. His father was fairly liberal, taking part in demonstrations for a constitution for Prussia and reading such authors as Voltaire and Kant, known for their social commentary. His mother, Henrietta, was originally from Holland and never became a German at heart, not even learning to speak the language properly. Shortly before Karl Marx was born, his father converted the family to the Evangelical Established Church, Karl being baptized at the age of six. Marx attended high school in his hometown (1830-1835) where several teachers and pupils were under suspicion of harboring liberal ideals. Marx himself seemed to be a devoted Christian with a "longing for self-sacrifice on behalf of humanity." In October of 1835, he started attendance at the University of Bonn, enrolling in non-socialistic-related classes like Greek and Roman mythology and the history of art. During this time, he spent a day in jail for being"drunk and disorderly-the only imprisonment he suffered" in the course of his life. The student culture at Bonn included, as a major part, being politically rebellious and Marx was involved, presiding over the Tavern Club and joining a club for poets that included some politically active students. However, he left Bonn after a year and enrolled at the University of Berlin to study law and philosophy. The Hegelian doctrines exerted considerable pressure in the "revolutionary student culture" that Marx was immersed in, however, and Marx eventually joined a society called the Doctor Club, involved mainly in the "new literary and philosophical movement" who's chief figure was Bruno Bauer, a lecturer in theology who thought that the Gospels were not a record of History but that they came from "human fantasies arising from man's emotional needs" and he also hypothesized that Jesus had not existed as a person. Bauer was later dismissed from his position by the Prussian government. By 1841, Marx's studies were lacking and, at the suggestion of a friend, he submitted a doctoral dissertation to the university at Jena, known for having lax acceptance requirements. Unsurprisingly, he got in, and finally received his degree in 1841. His thesis "analyzed in a Hegelian fashion the difference between the natural philosophies of Democritus and Epicurus" uses his knowledge of mythology and the myth of Prometheus in his chains. In October of 1842, Marx became the editor of the paper Rheinische Zeitung, and, as the editor, wrote editorials on socio-economic issues such as poverty, etc. During this time, he found that his "Hegelian philosophy was of little use" and he separated himself from his young Hegelian friends who only shocked the bourgeois to make up their "social activity." Marx helped the paper to succeed and it almost became the leading journal in Prussia. However, the Prussian government suspended it because of "pressures from the government of Russia." So, Marx went to Paris to study "French Communism." In June of 1843, he was married to Jenny Von Westphalen, an attractive girl, four years older than Marx, who came from a prestigious family of both military and administrative distinction. Although many of the members of the Von Westphalen family were opposed to the marriage, Jenny's father favored Marx. In Paris, Marx became acquainted with the Communistic views of French workmen. Although he thought that the ideas of the workmen were "utterly crude and unintelligent," he admired their camaraderie. He later wrote an article entitled "Toward the Critique of the Hegelian Philosophy of Right" from which comes the famous quote that religion is the "opium of the people." Once again, the Prussian government interfered with Marx and he was expelled from France. He left for Brussels, Belgium, and, in 1845, renounced his Prussian nationality. During the next two years in Brussels, the lifelong collaboration with Engels deepened further. He and Marx, sharing the same views, pooled their "intellectual resources" and published The Holy Family, a criticism of the Hegelian idealism of Bruno Bauer. In their next work, they demonstrated their materialistic conception of history but the book found no publisher and "remained unknown during its author's lifetimes." It is during his years in Brussels that Marx really developed his views and established his "intellectual standing." From December of 1847 to January of 1848, Engels and Marx wrote The Communist Manifesto, a document outlining 10 immediate measures towards Communism, "ranging from a progressive income tax and the abolition of inheritances to free education for all children." When the Revolution erupted in Europe