Current macroeconomic situation Assignment Example | Topics and Well Written Essays - 500 words - 2

Current macroeconomic situation - Assignment Example As much as the United States government is striving hard to curb recession, it is also trying to solve the problem of unemployment and inflation (Blundell and Roulet, 2013). Following the US statistics, there is a decrease in unemployment rate to approximately 7.8%. The implication of this is that there is a rise in the number of employed civilians thus, the gap between the employed and unemployed population is narrowing. With the existing tools such as The Federal Reserve, USA’s government is struggling to control inflation and recession. Members of the Federal Reserve meet privately after every six weeks to determine the direction the economy should take. One of their chief reasons for gathering is to come up with policies that can assist to put the inflation at equilibrium (Rosmy and Faruk, 2013). Moreover, they also struggle not to lead the economy into recession again. The Federal Reserve achieves this by the use of fiscal policy such as lowering and rising of tax, raising the military expenditure, increasing spending on infrastructure and reducing the public spending. Furthermore, the US government is trying to capitalize on expansionary fiscal policy to heighten the liquidity system with a lot of care not to exaggerate it. They are cautious not to release more money than required, into the economy, because it will lower the value of the dollar and stimulate inflation. Interest rates are drastically reducing and loans are difficult to obtain. This has no impact on businesses because the parties that require huge capitals, only from loans, cannot be granted the opportunity to get them. However, it is advantageous for investors because when the rate of interests is low, they are encouraged to borrow funds from other financial institutions to boost their businesses (Rosmy and Faruk, 2013). The government’s move to encourage investments increases the employment opportunities. The GDP of the United States America has experienced

PCL Construction Paper 1 Term Example | Topics and Well Written Essays - 2000 words

PCL Construction 1 - Term Paper Example Based on the large number of employees who have been hired by the PLC construction companies, they have significantly contributed to the growth of the US economy. This has been attained from the high tax on their annual and monthly incomes. Most importantly, the construction companies embark on designing and construction of factories, learning institutions, government houses, hospitals, research centers and roads among others. Thus, the construction industry plays a vital role in the growth of the US economy. This paper seeks to discuss a profile of Parsons Corporation; a US based international construction company. Having been founded in 1944 by Ralph Parsons, Parsons Corporation is a construction company with a strong financial background that is based on the various large projects that the company has undertaken in US and in other countries. The company whose headquarters are located in Pasadena, California is highly involved in designing and construction of large projects such as industrial facilities. Parsons organizational structure consists of the chief executive officer, corporate and operations support, international and North America markets units and regional business units (Ralph, 1978). The board of directors is made up eleven members namely Charles Harrington, Curtis Bower, Kenneth Dahlberg, Steven Leer, Lawrence Jackson, William Kinsey, James McGovern, Tamara Lundgren, Chritian Mitchell, Mark Holdsworth and Admiraj Zlatoper. In his effort to create strong relationship with its customers and the society, the Ralph Foundation was established by Ralph Parsons to provide charitable s ervices to the members of the society who are poor or in need of other forms of help. Additionally, the company fulfills its corporate duties by employing six key aspects or values. These values include diversity, innovation, safety, sustainability, integrity and quality

The importance of learning Essay Example for Free

The importance of learning Essay The importance of learning is not caged around the four corners of a classroom. Surely we do not want to be the stereotype of an out-of-touch scholar, at home among abstractions but bewildered by the mention of reality. Or the student, who, after four-five years of studying in a university, asks, â€Å"Where’s the clinic? † With the hardships that a student experiences (poverty, isolation in study, underworked muscles, deadlines, and projects), there must be an outlet in which he could forget and enjoy, at least temporarily. Joining an organization that offers learning through recreation and other extra-curricular activities could be an effective outlet. Extra-curricular activities like joining an organization would help you boost your confidence. In charismatic groups, they don’t just pray and praise. They sing, dance, read, go camping, and do lots of other stuff that involves fun. But many are not able to use their talents for the simple reason that they have not even discovered yet where and how to reveal them. An organization is the perfect place that could help you expose your talents. More so, it gives you a sense of belonging, a feeling that says, â€Å"Ah, so here’s the flock that I should fly with! † Fraternities and sororities can be an option, since they promise protection and support from brothers and sisters. Be careful to choose the right ones, though. Therefore, it is important that you do not restrict yourself in one corner. Move on to the larger scope of things. To develop fully as individual and become well rounded person, one must discover his or her potentials and share them to others. And what better way than to join extra-curricular activities! Of course, joining an organization or group entails the hardships in managing time and adjusting to a new group of people. But then, if you love the group you are in or are interested in improving yourself, all these problems could not possibly overshadow the fun and the lessons you’ll learn. The Student Accountancy Society is one of the busiest organizations in the University of Northern Illinois. Yet it is just amazing how these accounting students still manage to keep up with their studies, get remarkably high grades, and at the same time excel in different extra-curricular activities. â€Å"It is a matter of time management and setting priorities. It is difficult, because sometimes you have to sacrifice your studies if needed in the organization,† says the one member of the group. However, despite his hectic schedule, he sees to it that he catches up on whatever he would miss in his classes. It is no joke being in an organization because they have other things to do aside from their ordinary student life: accounting seminars, quiz bowls for different levels, tutorial sessions before major exams, outreach programs, book assistance and others. Since learning is not only achieved inside the four walls of the classroom some of our very own accounting students â€Å"go out to the world† and stand out bringing a good name to the school. But behind the glory and high reputation is the struggle of every accounting student to survive. He has no assurance until where and when he’d last in the â€Å"battle. † According to some professors however, IQ is not the only thing that matters in the working but EQ as well, and that the department aims to form the students holistically and not just academically; hence, students are enjoined to get involved in sports, public, speaking, and others. Accounting students often get the impression of being so much focused and are so serious that they do not have time for fun. Well, actually they do. They have this Meet the Intern Night that they hold once a year which is a in a way, encouraging Accounting freshmen to be part of the group. It is also the time when different levels show their talents and compete in different fields. At the forefront of the university is a student. No amount of forced hypnosis, teaching methodology or subtle encouragement could sway him in finding or nor finding any meaning to, say, a seminar with the internationally acclaimed with an internationally acclaimed speaker. He should be the one to look for motivation and self-esteem; he should be the one to impose volunteerism and creativity; he should be the one to regulate the daily dragging routine of a true leader who shuns leadership, opportunity, work and achievements. The students should be the ones to drum on their head s the importance of extra-curricular activities, the purpose of student body or the meaning of a student organization. Work Cited â€Å"Extra-curricular activities. † 2008. Collegeboard. com, Inc. 16 October 2008 http://www. collegeboard. com/student/plan/high-school/113. html

Other Word Formation Processes English Language Essay

Other Word Formation Processes English Language Essay The language learners referred to in this essay are software engineers, in the age group of 23-26, tasked with developing software products for the travel industry. They were selected on the basis of their performance in a language assessment and identified as intermediate users of the language. All of them had studied English for 10 years in school and later at the university English was the medium of instruction. A few of them were risk takers, ready to take on tasks regardless of any mistakes they may make. There were those who were spurred on by the possibility of their deficient language skills impacting their career graph; they were also ready for self-learning and willing to take responsibility for their learning. Some were hesitant, unsure of their knowledge and afraid to make mistakes. All of them were, however, comfortable with technical language, but were very diffident to face situations that called for regular communication. They needed help with everyday vocabulary to communicate effectively with colleagues and clients. Word parts If we consider words as independent/freestanding units with meaning, a notion proposed by McCarthy (1990), then we can see that these units of meaning can further be broken down and re-combined to form other words. Though the word cancelled is an independently meaningful item, under closer observation it becomes clear that this word consists of two units cancel and the past tense marker -ed. The linguistic item cancel is a freestanding word in English, but there is no such word as -ed in English, even though -ed is a meaning-bearing unit. Such linguistic items that are not freestanding are said to be bound and these forms can occur only in combination with other forms. The two meaningful parts, cancel and -ed are called morphemes. Morphemes Katamba (2003) defines morphemes as the atoms with which words are built. Morphemes are the smallest unit of lexical and grammatical meaning and they are realized by morphs, as morphemes do not have a physical representation. A single morpheme can be manifested as multiple complementary morphs in distinct phonological or morphological contexts. Let us look at the past tense marker -ed to understand the distribution of these complementary morphs known as allomorphs. Free morphemes can stand alone as words; whereas bound morphemes such as -ed are only used in combination with other morphemes. There are word forms which have but a single unbound morpheme and others which consists of more than one morpheme. Words like talk, eat and mend are examples of freestanding morphemes and words such as predictable and reflection are formed by combining many morphemes. Affixation Affixes are bound morphemes attached to a stems either to create a new word or a word form. Affixation of morphemes can be either inflectional or derivational. Inflectional affixes Katamba (2003) posits that the English language has minimal inflections because of its tendency to be an isolating language. The few inflections it has are all suffixes. These suffixes are bound morphemes and are attached to the stem to inflect or change words to express grammatical features, such as the changes in tense, number, possession, and degrees of adjectives. There are 8 inflectional suffixes in English and they are: Derivational Affixes In English derivational affixes include both prefixes and suffixes. Katamba (2003) says that the purpose of derivation is to create lexical items and not to produce grammatical units that will fit in a given syntactic position. The three important derivational processes in English are: affixation, conversion and compounding. Affixation is one of the commonest methods of forming words in English. Derivational affixes can be either prefixes, those that are added before the base, or suffixes, that are attached after the base. Word forming processes like creating nouns from verbs, adjectives from verbs and verbs from adjectives are examples of a few derivational practices in English. Derivational affixes are different from inflexional affixes in many ways: They change the word class as well as the meaning of a word to which it is linked energy (n) +- ise -Æ’Â   energise (v) Even though they combine to create a new word they are not affected by syntactic relations outside of the word, they can be separated and recombined with other morphemes to form other combinations. Stem Suffix Derived word Govern (v) -able Governable (adj) Enjoy (v) -ment Enjoyment Derivational morphemes can be attached only to certain stems. Stem Suffix Derived word Violin -ist Violinist Drum -ist *drumist Drum -er Drummer *drumist is not an acceptable word. Other word formation processes Conversion or zero derivation is the predominant method of generating lexical items in English. In this process a lexical item is assigned to a new syntactic category. The word permit can be used either as a noun or as a verb; the phonological representation and the grammatical context in which it is placed are the two aspects that can alert the change in the word-class. (Permit (v) and perMit (n). Crystal (2012) quotes from Shakespeare, Petruchio is Kated as an example of conversion the name of a person becoming a verb to further his argument that conversion was a customary word-formation process even during Shakespeares time. Compounding is the process of joining two bases to create a new word; of the two words, one which is syntactically dominant is considered the head and the other as the modifier. Generally the modifier is placed in front of the head and any suffix that might later be added to the compound word is attached to the head. Compound words are different from phrases; the meaning of a compound word, unlike a phrase, is not the sum of the meaning of the base units that form the word. Iin a compound word the primary stress is on the first word and in a phrase the primary stress is on the last word. Phrase Compound word Meaning of the compound . Blue print Blueprint an early plan or design for a project green house Greenhouse a building used for growing plants that need warmth Should word parts be learned? A cost/benefit analysis of the learning of word parts should be reason enough for a learner of English language to study word parts. Nation quotes from Roberts (1964), Grinstead (1925) and Bird (1987,1990) to point out that around 60% of the English vocabulary is derived from German, French, Latin and Greek and that a large proportion of these words make use of affixes. The analysis of the LOB Corpus carried out by Bird revealed that 97% of the words in the LOB corpus were derived from around 2,000 roots. Nation maintains that the origins of the English vocabulary and the frequency of word parts validate the study of word parts. The two arguments levelled against the teaching/learning of word parts are based on the contention that, the effort involved in learning word parts is not commensurate with language output. A word is not a sum of its parts The first argument against the teaching of word parts is that the meaning of a word is not the sum of its parts (Deighton, 1970); This argument has been countered by White, Power and White (1989) drawing on their own as well as Nagy and Andersons (1984) empirical evidence that most of the affixed words probably at least 80% convey the meaning their parts suggest. Katamba (2003) argues that compositionality is the key to understanding a word. He says that if we know the meaning of the smaller units which make up the larger units we can decipher the meaning of the whole. For example, if we know the meaning of the suffix -ful (filled with x), and the meaning of the base to which these suffixes are attached, then the meaning of words like useful, careful, fearful and cheerful become self-explanatory. Most of the morphemes that form a word have regular/stable meaning; for example, the prefix re- means again in almost all the words in which it occurs. In the light of the empirical evidence and the example we saw we can conclude that the meaning of most of the English words is what its parts suggest and therefore knowledge of the meaning of the parts can help a learner understand a word across contexts and usage. If we were to extend this argument further we could say that this knowledge along with the contextual clues would be useful in decoding even the metaphorical meaning of a word; a head hunter would thus lose the sinister overtones of the past and acquire the current meaning of someone who recruits people into key business positions. Word families in the lexicon The next argument against teaching/learning of word parts is that the knowing the parts of a word may not familiarise a learner with all the members of that word family (Schmitt 1998, 1999, Schmitt Meara 1997). Nation argues that the notion of word family is psychologically real and a word is to be seen as a member of a word family. Knowledge of the word parts can help the learners understand a word in its relation to the other members of the family. For instance, knowledge of the various inflections of English and the meaning of the base of the word predict can familiarise a learner with all the possible combinations (family members) of predict; predict- predicted- predicting- predictable and prediction are just some of the members of that family. Nagy, Anderson, Schommer, Scott, and Stallman (1989) points out that the speed of recognition of a word is based on the frequency of occurrence of the members of that word family. They quote the findings of Stanners, Neiser, Hernon, Hall (1979) to advance their argument that related words are linked in the mental lexicon. So there are linked entries for create, creates created and creation and accessing any word from this family can partly activate other family members. Word parts are not just linked in the mental lexicon, but morphologically ordered to represent the relation. Interpreting the meaning Another argument against learning word parts is that L2 learners using this for guessing the meaning of a word might cause the learner to misinterpret the word. Schmitt quotes Haynes (1993) to validate this argument; Haynes found that learners continued with the wrong meaning even though it didnt contribute to the context. For example Inflammable is often misinterpreted to mean non-flammable. Clarke and Nation (1980) caution that word parts strategy should be used to verify the guesses drawn from the context. Furthermore, knowledge of the word parts empowers the learner by teaching him to apply his understanding at the receptive and productive level. At the receptive level it teaches him a) to identify the different components of a complex word, b) to be aware that these word parts can be used to make other words, c) how the meaning of the different parts combine to make a new meaning, and d) how the sum of the parts relates to the dictionary meaning. At the productive level it makes him aware of how the formal changes can affect the spelling, pronunciation and the word class of the base when a complex word is formed. (Nation) The challenges Learning word parts presents a set of challenges to language learners. The greatest challenge is that of time and exposure. Studies conducted by Nagy, Diakody, Anderson (1993) point out that L1 learners do not acquire proficiency in morphology until their high school; if this takes so long to develop in L1 learners despite their advantage of maximum exposure, then L2 learners are likely to take more time to learn this aspect (Schmitt). Even though the learners in my group had studied English for ten years, they have learned inflectional suffixes only as part of grammar exercises and have never been explicitly taught derivational affixes. Their exposure to morphological forms was not commensurate with the duration of their study. They have used these forms productively without much knowledge about the rules that guide most of these formations; Though I have putted remainders for this tasks, accidently the remainder was unanswered; the meeting is preponed to three in the afternoon, he is very confidential during presentations are examples of the common errors. Schmitt points out that lack of consistency in affixation can cause problems even if the meaning of the parts is clear. He gives the example of the suffix -ist. Stem Suffix derived word Cycle -ist Cyclist Act -ist *actist Act -or Actor Another challenge for the L2 learner is the lack of awareness that not all words can be broken into parts. Learners sometimes try to decompose words like refuse, repel, repeat, revamp and attempt to use the perceived stem, resulting in a meaningless word. Learners often have difficulty with the formal changes that occur with affixation in spelling and pronunciation. Some derivational affixes lack consistent spelling and has to be learned individually. base suffix word suggest -able suggestible afford -able affordable Gairns Redman notes that affixation sometimes produces changes in stress and sounds in a word. democrat /demÉâ„ ¢kraet/ democratic /demÉâ„ ¢kraetÄÂ ±k/ democracy /dÄÂ ±mÉ’krÉâ„ ¢sÄÂ ±/ Derivational suffixes need to be do not follow rules strategies- guidelines how A good starting point for any teacher wishing to remedy this situation would be to train the learners to break, the complex words that are already known to the learner, into its components and to help them understand the functional meaning of these components. encourage the learners to become more aware of these morphological instill in the mond of the learner that all aspects of language learning is incremental an beA teachers task has probably never been well defines as in this situation Language learning is incremental A good game plan to remedy t Nation suggests that learners should be taught complex words as unanalyzed wholes before they begin to analyze word parts. teacher I would explicit teaching of select morphological units appropriate to the learner level, training the learners the .A teacher needs to introduce the learners to complex words before they are trained to analyse the different parts of that word. Because morphological acquisition is incremental in nature explicit teaching of level suitable affixes ,encouraging them to notice the correct forms encountered in newspapers regular exposure through exercises and receptive material. This rules out the possibility of a completely graded approach; instead I would collect words for analysis from their Collocation Time consuming Not all words can be broken into parts Affixes are not transparent Some affixes are used mor frequently than others so need to be selective Guessing a wrong meaning and sticking on with that explanation even though it made no sense. (Haynes 1993) -Clarke and Nation (1980)- word parts best used to confirm/verify the meaning. Difficulty in guessing the word class deciding on an appropriate stress, formal changes in spelling, phonetics and word forms Derivational suffixes need to be learned individually do not follow rules strategies- guidelines how Furthermore, it empowers the learner by teaching him to apply his understanding at the receptive and productive level. At the receptive level it teaches him a) to identify the different components of a complex word, b) to be aware that these word parts can be used to make other words, c) how the meaning of the different parts combine to make a new meaning, and d) how the sum of the parts relates to the dictionary meaning. At the productive level it makes him aware of how the formal changes can affect the spelling, pronunciation and the word class of the base when a complex word is formed. (Nation)

Why Britain Able To Win Battle Of Britain History Essay

Why Britain Able To Win Battle Of Britain History Essay In the summer of 1940, the RAF stood alone against the might of the Luftwaffe for aerial supremacy over Britain. Britain was able to win the battle of Britain due to a number of factors; however, the most important reason is that of the error made by Hitler on the 7th of September to change the targets of the Luftwaffe away from aerial bases and to towns and cities. This alone, did not result in the success of Britain in the Battle, other important long term factors such as Britain being an island and RADAR brought considerable triumph as well. Britain was an island, this meant that the Blitzkrieg tactic that enabled Germany to plough through Belgium and France, which relied on close coordination between ground troops and the air force, had to be altered. Germany could no longer use its ground and air forces as one unit of destruction. Britain also had a world renowned Navy, this allowed supplies from the USA and other countries to be protected and imported in to enable Britain to keep up the continual aerial defence of Britain as under the supervision of the Minister of Aircraft Production, Lord Beaverbrook, resupply and maintenance became a national priority. Britain also had the home advantage this meant that pilots could bail out of their planes then rejoin their company again so less pilots needed to be trained, however, German pilots were taken as prisoners of war. All of these long term factors gave Britain the upper hand before the Battle had even started. Though the Luftwaffe had nearly double the amount of aircraft as the British, however, there were plenty of indications that the Luftwaffe might face problems in controlling the skies over Britain. Firstly, the Luftwaffe had limited range and was operating from bases some way from Dunkirk, as they underestimated how bigger obstacle the channel was, making the German bombers very vulnerable to the most modern RAF fighters, such as the Spitfire which was an easy match for the ME109, the German bombers escorts, as it was faster and a lot more manoeuvrable so won more dogfights. The German Bombers, therefore were left extremely vulnerable, if their escorts got caught up in dogfights they became easy targets, the junkers also carried a limited supply of bombs so did not cause as much damage as the Germans would of hoped for. The Germans also underestimated the strength of the RAF on the ground, the RAF had a well-organised and extensive air defence system. The British were far from undere stimating their opponents, in fact the overestimated them, the invention of RADAR enabled RAF pilots to get into the air quickly and intercept bombers before they had their chance to drop their loads. This was vital in reducing the damage of the Luftwaffe on Britain and more importantly the morale of the British people to continue the defence of their homeland. However, I think the most important reason, was that British tactics were also far greater thought out then Germanys. Air Marshall Dowding proved to be very masterful in command, he had resisted demands by Churchill to send his fighter reserve to France, holding it back for the defence of the UK, and refused to commit it in large numbers to defending sea convoys. Both decisions were subsequently proved to have been good ones. On the other hand Reichsmarschall Hermann GÃ ¶ering, head of the Luftwaffe, ordered his force to draw the RAF into battle by attacking coastal convoys and bombing radar stations along the south coast, installations of the British aircraft industry, and RAF airfields. The dilution of this effort in retaliation for the bombing of Berlin, was the principal reason why the Luftwaffe eventually lost the battle, as it allowed the RAF to recover when it was near collapse. (600 WORDS) 2) STUDY SOURCE A. DO YOU AGREE WITH THIS INTERPRATATION OD DUNKIRK? USE THE SOURCE AND KNOWLEDGE FROM YOUR STUDIES TO EXPLAIN YOUR ANSWER. Source A is a painting by Sir Charles Cunning depicting the evacuation of Dunkirk. The source is accurate in showing the bigger naval vessels waiting out to see, as they could not get as close to the beach, which was why the smaller boats to ferry to the soldiers were used, as shown in the painting. The painting shows the soldiers waiting in lines to be rescued and maintain discipline as bombs are falling down, this is inaccurate as many soldier fled to safety behind bunkers and even buried themselves in the sand to avoid the onslaught of the aerial assault. The loss life at Dunkirk is also not shown as at Dunkirk over 40% of the French army was lost with over 80% of its equipment so this source is a rather sanitised view. However, the source gives us the impression that large numbers of soldiers were evacuated from he beaches this is accurate as over 330,000 soldiers were evacuated by boat from Dunkirk as the source shows. Sir Charles Cundall was the official government war artist this limits the usefulness of the source as he would have been paid to show the evacuation as a success to it would heighten the morale back at home by glorifying the part the British played, this leads to an element of bias. The source could definitely not have been painted the picture whilst the evacuation was in progress, so the picture would have been created from eye witness accounts this means it could lack some accuracy. I partially agree with the impression source A gives but it can only be taken as an impression and not as fact. This is the due to the provenance, which comprimises the validity of the source as it was painted for the purpose of propaganda, because of this, the painting may of been glorified to keep up the morale of the British public. Subsequently, I do agree that the source is accurate to a historian wanting to know what the government wanted the public to believe about the evacuation of Dunkirk. (300 WORDS) 3) DUNKIRK WAS A GREAT DELIVERENCE AND A GREAT DISASTER. (AJP TAYLOR). IS THERE SUFFICIENT EVINDENCE IN SOURCES A TO G TO SUPPORT THIS INTERPRETATION? USE THE SOURCES AND YOUR KNOWLEDGE FROM YOUR STUDIES TO EXPLAIN YOUR ANSWER. Sources A-E are all primary sources produced at the time of the evacuation. Sources B and C are photos which means they can be construed to be accurate, however, they do not give the whole story of the evacuation as they are only a picture of one moment, in one area of the beach, so can be misinterpreted. Historians have created sources F and G, in order to produce a balanced view of Dunkirk to educate the reader, the balanced view is lacking in some sources. Source A is a contemporary painting of the events of Dunkirk, therefore, cannot be assumed to be reliable as a painting is only the artists individual impression of events. Consequently, due to the painting being commissioned by the British government, the source is biased and will include spin which suited the political environment of the time. This is why Dunkirk is shown to be a great deliverance as the BEF is prevailing against the onslaught of the German aerial attacks. Source D is also very similar, it puts a very positive spin on the evacuation. Anthony Eden, the war minister, says even though the British Expeditionary Force had lost a lot of men and equipment they have gained immeasurably in experience of warfare and self-confidence. This spirit is the vital weapon of the army. Even though the British lost more men and equipment, Eden, continues to tell the public that the BEF have come out on top and that Dunkirk has the lead to the guarantee of final victory; deliverance. T he source is unreliable as Eden could not have said that Dunkirk was a disaster as then the public would become disheartened and may stop helping in the war effort. Source B is a photograph of a section of Beach with soldiers in regimented lines, soldiers seemingly un-panicked, maintaining discipline showing Dunkirk asdeliverance. However, this source is only of one small section of beach when there were no German aircraft attacking; when they did, soldiers would often take flight to the sand dunes for cover in fright. This desperation is exhibited in Source C showing a soldier who is shooting at planes in the sky in vein with a rifle, showing Dunkirk as a disaster as the BEF were ill-equipped to defend themselves, however, the fact that the BEF are shooting at a plane with a rifle shows great determination and bravery; deliverance. Both Sources, have been produced for propaganda purposes, to keep morale at home by showing the BEF as determined (Source C) and disciplined (source B) this affects the reliability of sources, they only provide a snapshot of events in that one place at that one exact time. Source E is from a British newspaper, the source is accurate in some ways, telling us that tens of thousands safely home already and An armada of ships all sizes, all shapes were used for crossing the channel. However, it gives a very one sided view as it is full of honour and pride and describes the British expeditionary force as unbeatable but does not mention how many people and equipment was lost. As the source is from a newspaper you may expect it to be accurate as a newspaper is meant to inform the reader, however, censorship may have played its part in the report in order to keep the morale of the public high. This source is still quite useful because it gives a lot of information, which is accurate, but is still not adequate enough to agree with the interpretation of Dunkirk found in the quote. Sources F and G give very balanced views of the Evacuation of Dunkirk. Source F was written by A.J.P Taylor; in this source he gives evidence to support his interpretation that Dunkirk was a great deliverance and a great disaster. He gives both positive and negative aspects if the evacuation, he states that the operation succeeded beyond all expectations and that almost the entire B.E.F were saved, the deliverance, however, it also tells us that the BEF lost virtually all its equipment and many other things like planes and boats were destroyed, the disaster. He uses facts the back these up so the source is accurate. Source G also gives positive and negative aspects of the evacuation. Richard Holmes says that the evacuation would be a miracle, and talks about the anticipation of defeat but he also talks about the great determination troops and sailors had, he talks to eye witnesses to back up his view and gives a very reliable and accurate description of the events. Both source were p roduced after the evacuation, this means they would have no political motive and were produced to educate the reader/viewer so therefore are likely to be reliable and accurate. Both sources view Dunkirk as a disaster and deliverance and use key facts to back this up. Therefore the interpretation of AJP Taylor is accurate using these two sources. Due to the provenance of sources A-E no valid conclusions can be drawn from them so we are not able to use them to prove AJP Taylors interpretation, however, they are still useful for telling us ,for example, what the government wanted the public to believe about the evacuation. Source A-G give much more balanced views of Dunkirk giving us both positive and negative views, subsequently, I am able to agree qwith AJP interpretation.

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Globalization: Jobs: How Foreign Laborers Can Affect the U.S. Economy The economy is becoming increasingly global. Business face complex decisions when conducting operations, as business boundaries are no longer stated in national terms, but instead in global terms. For instance, management for companies ranging from medical information technology to software engineering must ask questions, such as: From what company should our company purchase input parts for our latest medical diagnostic equipment? Or should we outsource our manufacturing process for laptop computers overseas? Or how will globalization affect return to our investors for our latest software development subsidiary? Outsourcing is among one of the economic decisions businesses of all sizes must face. U.S. Corporations have high incentive to outsource job functions to foreign markets, as the wages of a foreign worker are a fraction of the domestic counterpart. The incentive is especially high to outsource to emerging markets such as China and India. According to a study conducted by the U.S. Bureau of Labor Statistics in 2010, a production worker in India would work for an average of 92 cents an hour as compared to a U.S. worker who would not be able to legally obtain employment for any less than the U.S. minimum wage of $7.25 an hour (U.S. BLS, 2010). At that time, India labor cost just 13% of U.S. labor. Imagine a U.S. corporation competing with businesses that incur labor costs that are only 13% of the U.S. equivalent; in order for that business to remain profitable, they would outsource as many functions as possible. Outsourcing trends are unlikely to change, at least in the short-term futu re. Historically, outsourcing has occurred in labor intensive indust... ...oduct, is a formula that economists use to measure economic growth. GDP in China has grown at an average ___, whereas U.S. GDP has grown at ___ for the same period of ___. A reason behind this phenomenon is that developing countries typically grow at a faster economic pace than more industrialized nations. When the United States economy was industrializing, GDP grew at a pace of†¦. Modern economic theory demonstrates that some developing nations will eventually approach the economic wealth of more developed nations. In may not happen for at least fifty years, but eventually wage differences will substantially lessen, at least in terms of national boundaries. Foreign labor cost is currently a factor that aids firms in achieving an advantage in the market place. In the far future it is unlikely that the price of labor will be much different across national boundaries.

Stock Market :: essays research papers

1929 Stock Market Crash   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  On October 3, 1929 The Dow Jones started to drop from a recent high of 381. The average of the Dow Jones then kept dropping throughout the week of October 14. The night of Monday October 21,1929, margin calls were heavy, and numerous Dutch and German sell calls came in overnight for the Tuesday morning opening. On Tuesday morning, out-of-town banks and corporations called in $150 million of call loans, and Wall Street was in a panic before the New York Stock Exchange opened. On October 24, 1929, people began selling their stocks as fast as they could. Sell orders flooded market exchanges. On a normal day, only 750-800 members of the New York Stock Exchange started the Exchange. However, there were 1100 members on the floor for the morning opening. The Exchange then directed all employees to be on the floor since there were numerous margin calls and sell orders placed overnight and extra telephone staff was arranged at the members' boxes around the floor. The Dow Jones Industrial Index closed at 299 that day. October 29 was the beginning of the Crash. Within the first few hours the stock market was open, prices fell so far as to wipe out all the gains that had been made in the previous year. The Dow Jones Industrial Index closed at 230. Since the stock market was viewed as the chief indicator of the American economy, public confidence was shattered. Between October 29 and November 13 over $30 billion disappeared from the American economy. It took nearly t wenty-five years for many stocks to recover. The causes of the stock market crash were overpriced stocks, margin buying, federal reserve policy, and public official’s repeated statements. Many people believe the stock shares were priced too high and the crash brought it down back to a normal level. The new President of the Federal Reserve Board Adolph Miller tightened the monetary policy and set out to lower the stock prices since he perceived that speculation led stocks to be overpriced, causing damage to the economy. Also, starting from the beginning of 1929, the interest rate charged on broker loans rose tremendously. This policy reduced the amount of broker loans that originated from banks and lowered the liquidity of non-financial and other corporation that financed brokers and dealers. Also Herbert Hoover publicly stated that stocks were overvalued and that speculation hurt the economy.