Gilded Age Essay Example for Free

Gilded Age Essay The era following the civil war, the gilded age, modernized the nation with new technological advances. Women’s social status improved with the up and coming government policies and intolerance of Native Americans became more prominent due to westward expansion. Segregation laws oppress African Americans and violate their rights as American citizens. Women gained suffrage in the gilded age which significantly improved their social status. Previously, women were viewed as inferior to men and incapable of having the same responsibilities. The cause of women’s suffrage was carried by middle class women and was launched in 1848 at Seneca Falls. Many women believed a major cause of poverty for immigration and working-class families was the excessive drinking by male factory workers. Women successfully advocated for total abstinence from alcohol. Many women had leisure time as a housewife, so they got more involved in politics and social issues. Middle class women did most of the shopping for their families so they became the prominent consumers. Women likely had a part time job but they were vulnerable to low-paid and insecure work without benefits. They were also discriminated against when being hired because they were more likely to take leave for childcare or maternity leave. The mobilization of the American economy sprouted from the rise of technology in the gilded age through the development of railroads, homesteads, and farming techniques. This expansion on the Great Plains increased intolerance towards the Native Americans, which soon resulted in removal of most Indian tribes. At first, they attempted a truce through the treaty of Fort Laramie, where the government and representatives of the tribes discussed the terms of westbound settlers. The tribes would receive annuity in return for their cooperation. However, the government failed to compensate the tribes properly and violated the treaty. Trains were pulled by horses prior to the invention of steam locomotives, so the railroads running west became known as â€Å"The Iron Horse† by Native Americans. Many oppressive acts such as the Homestead Act and the Dawes Severalty Act displayed intolerance of the Native Americans. The Battle of the Little Bighorn/ Custer’s Last Stand was a result of Indian intolerance. Another social group that was deeply impacted by the gilded age was the African Americans, who were affected by Jim Crow laws. The old south was unwilling to accept the new technology and there was an emerging grey area between states laws and rights versus the federal government. The southern sharecropping system was economically backing the Jim Crow laws. State black codes restricted the freedom of African Americans, and compelled them to work for lower wages. The purpose of these oppressive laws were to preserve the system of white supremacy. Civil rights acts were introduced with hopes of equality for African Americans but they were ruled unconstitutional. Segregation laws enforced a â€Å"separate but equal† status for African Americans. In conclusion, the gilded age transformed the country and impacted many social groups of American society. Women gained the right to vote and more social status while the Native Americans were oppressed harsher than ever. Jim crow laws restricted African Americans by segregating the country. The technological advances during the gilded age provided a more modern society and influenced changing government policies. These advances also allowed for a boosted economy.

Causes and Impacts of Inflation on Developing Countries

Causes and Impacts of Inflation on Developing Countries Introduction Economic development in low developed countries is a contested argument amongst economists, all of which are looking for the best way to enact economic growth. The discussion surrounds whether stable monetary policy will encourage economic development by encouraging foreign direct investment or will currency depreciation and inflation create the right environment for exports growth and thus economic growth? This essay will discuss the causes of inflation and its repercussions for economic growth in developing nations. The argument for monetary stability and its repercussions for economic development will also be discussed. The scenario surrounding the Asian financial crisis will be used at the conclusion of the essay to illustrate the finer points in the argument for monetary stability as a means to economic development. The Causes of Inflation Krugman and Obstfeld define inflation as the increase of prices of goods[1]. There are arguably many causes of inflation; it is a complex combination of many macroeconomic variables that work together to increase the price of consumer goods in a developing economy. Shamsul, Shyam and Kamath discuss, there are two dominant hypotheses regarding the causes of inflation; the monetarist hypothesis and the structuralist hypothesis. The monetarist hypothesis refers to an increase in the money supply which in turn causes an increase in the price of goods and the structuralist hypothesis refers to structural characteristics of a developing economy creating inflation including the nature of the tax system, foreign exchange restraints, the budgetary process, the nature of the labour market and administered prices. All result in a devaluation of domestic currency on a global currency market[2]. The forces that result in an increase in the money supply or a devaluation of domestic currency agains t foreign currency will discussed. Common economic theory states that liberalisation of financial and capital markets in developing countries results in growth and stability in those countries. However Chakraborty discusses how unrestrained opening up of an economy can result in a foreign exchange crisis. That an inflow of foreign currency through investment and fixed exchange rates will result in higher reserves in the central base, which in turn results in more money existing in the economy which causes inflation. Inflation thus can be seen as a cause of the devaluation of a domestic currency on global money markets[3]. Developing countries will often use an export oriented economic strategy to increase growth. Devaluations of a domestic currency will make exports look more attractive on foreign markets; hence governments will try and keep exchange rates down. Chakraborty continues that as prices continue to rise the demand for money similarly rises by domestic residents. It is common for residents to sell foreign b onds in order to buy local currency, which in turn puts pressure on the currency to appreciate. In order to undermine this scenario banks will sell local currency and buy foreign reserves to counteract the appreciation of the exchange rate due to the increased demand. This scenario has a cyclical effect and will in turn increase the money supply and inflation[4]. The situation surrounding a floating exchange rate can be quite different. Chakraborty discusses how liberalising the capital market will attract capital inflows from foreign investors which will increase the money supply, but will however appreciate the exchange rate. This type of policy will usually be accompanied by a contractual monitory policy that will increase demand for money and increase the interest rate. The increased interest rate will further attract capital inflows and further appreciate the exchange rate. An appreciated currency will be less attractive on foreign markets thus export demand will decrease and imports will increase, deteriorating the balance of trade deficit[5]. Large foreign debts result in a higher risk of financial instability. Inflation and currency devaluations have been a common problem in the history of developing nations. Instability in prices and foreign exchange rates discourages lenders in richer countries from investing in poorer markets due to the threat of losing money in a financial crisis or currency devaluation. Krugman et al discuss how richer nations protect themselves against this risk by insisting that poorer countries repay their loans in the lenders currency. A transfer of wealth can be directed towards foreign lenders in the event of currency devaluation as it raises the local currency valuation of the debt. This scenario can lead to developing countries inability to repay foreign debts and sometimes in default[6]. Inflation can be a result of external factors in a global economy including contagion from other trading partners. Cheng and Tan discuss that although domestic factors are important determinants of inflation, they are often not as important as price volatility being transmitted from one country to another. In the case of Malaysia, interactions in the form of trade resulted in a causality of inflation from other ASEAN nations to inflation in Malaysia[7]. This form of contagion can be very influential for a developing country liberalizing its financial and capital markets in a global economy. Instability and inflation can lead to speculation which in turn can lead to financial crisis. Krugman et al discusses contagion as the vulnerability of developing economies to suffer a loss of confidence in their financial markets which can cripple even the healthiest economies. Speculation regarding the devaluation of a local currency can result in investors pulling out of their investments (which now must be paid in the lenders currency), selling all the local currency (which has a further devaluing effect) and leaving the country with a large foreign debt. Speculation can be contagious as was seen in the Asian financial crisis where devaluation of the Thai Baht was followed by similar speculation surrounding other Asian currencies including that of Indonesia and Malaysia and eventually resulted in full financial crisis[8]. Controlling Inflation and Stabilising an Economy Methods used to counteract heavy speculation and financial instability includes information transparency. Ferreira de Mendonca and Filho discuss increasing information transparency as implying a fall in inflation bias and inflation volatility. Anxiety regarding inflationary pressures can be controlled through forecasts being released by the central banks of developing nations making policy and macroeconomic performance more predictable. There is evidence that economic transparency can reduce inflation and lower interest rates thus improving the conduction of monetary policy[9]. Wagner discusses inflation as being regarded as the signal of bad policy and political and economic instability. The variables are the relevant locational factors that determine the attractiveness of economies for investment. A loss in investors and mobile factors of production such as technology transfer and knowledge results in loss of potential production and potential output and hence growth. Local residents suffer through an increase in unemployment and a decrease in productivity[10]. Local economies become more unstable as a consequence. It can now be deduced that managing exchange rates is paramount to controlling inflation in developing countries. Wagner discusses two methods of managing exchange rates in order to control inflation; the ‘hard peg’ option and the floating currency option. The term ‘hard peg’ refers to the currency boards, where monetary policy autonomy is completely given up. Hard peg exchange rate regimes have gathered a lot of interests for developing economies over recent years as currency crises are not possible under the hard peg system. There are certain preconditions for an economy that need to be present in order for a hard peg to be possible. The recipient developing nation must have a developed, well supervised and regulated financial system; the rule of law; fiscal discipline; and wage and price flexibility. Many emerging nations lack these preconditions and hence are unable to sustain a hard peg[11]. Boyd and Smith suggest that low inflation is the central objective of developing economies in their efforts to enact economic growth. Growth is seen as having an inverse relationship to inflation and thus must be kept as low as possible. Developing countries in the Caribbean such as the Bahamas have been successful in lowering inflation and stabilising the exchange rate through using a currency board as part of their institutional structure. The currency board ties the monetary policy of the constituent countries and provides disciplinary controls on monetary and fiscal policy which in turn provides stability in their output. All the countries in the currency union experienced persistence however low rates of inflation and low variability in inflation rates therefore could be considered stable and an acceptable monetary policy performance[12]. Wagner further postulates that a floating exchange rate is similarly effective in controlling high inflation. Despite anxiety that a floating exchange rate will result in an unstable currency, floating exchange rates can be used to attract foreign investment and thus appreciate the value of the currency. Interest rate and intervention policies can be used to influence the behaviour of the exchange rate and reduce the negative effects of speculation[13]. A floating exchange rate can be flexible enough to encourage investment through appreciation however encourage exports through devaluation provided controls are in place to ward off speculative attacks. Maskooki shows Mexcio as having successfully implemented a floating exchange rate in order to control inflation. It reduced the value of the peso by gradual and frequent currency adjustments in reaction to market conditions. The slow depreciation of the peso made exports more attractive overseas and was offset by the liberalization of the capital market which was attractive to foreign investors. The combination of the two had a balancing effect on inflation and exchange rates and thus encouraged stability of prices. This had made the external market less exposed to unexpected shocks[14]. Through economic stabilization Mexico is now less vulnerable to investment reversal and thus less vulnerable to financial crisis. Stable inflation rates and exchanges rates send positive signals to global financial markets of positive financial policy in developing countries. Good corporate governance has the reflexive ability to create the positive economic environment to control inflation and also the positive outcome of successful monetary policy. Arsoy and Crowther comment that mandatory corporate governance can be achieved through the creation of capital markets in which transparency, accountability, responsibility and fairness are understood by both investors and shareholders[15]. Transparency being the proponent for fighting speculative attacks by reducing risks associated with investing in developing countries. Krugman et al discuss that governments of developing countries must create a stable environment through reducing the risk of inflation and protecting property rights in order to encourage economic growth. In protecting property rights they encourage private enterprise, investment, innovation and ultimately economic stability[16]. The conditions for economic stabilization feed off each other – stabilization encourages investment which in turn encourages more stabilization. Nsouli, Rached and Funke discuss the control of inflation as paramount to the success of any domestic economy. Here again price can be seen as a signal of economic health as price liberalization is essential for the efficient allocation of resources within and across sectors of the economy. Without a rational price system, profit and losses alone cannot signal what industries should expand and which ones should shrink. In both transition and developing economies, price liberalization led to a rapid increase in the availability of products for consumer use[17]. The Asian Financial Crisis The countries of the Asian economic boom in the mid 1990’s are a perfect example of how unstable monetary policy can bring even the most impressively growing economy down. Krugman et al tells us the Asian tigers were initially South Korea, Hong Kong, Singapore and Taiwan and then Thailand, Malaysia and Indonesia later joined the group. They had achieved incredible rates of growth through high savings and investment rates, improving education levels amongst the work force and by liberalising trade or at least a high level of openness and integration with global markets. The Asian tigers were gaining popularity as an investment opportunity as restrictions on capital inflows were lifted. However all this investment was leading to large deficits and would eventually result in financial demise[18]. Krugman et al continues that starting with the depreciation of the Thai Baht, a chain reaction of events brought the Asian miracle into financial crisis. A sharp drop in the value of the Baht as it was left to float after being pegged to the American dollar brought about speculative attacks on the currencies of its neighbours Malaysia and Indonesia and eventually South Korea. All countries had large foreign debts mostly in American dollars and as a result were facing increasing values on these debts due to the decreasing exchange rate. Many debts in Asia had the power to push banks and viable companies into bankruptcy as a result of exchange rates spirally out of control[19]. The Asian financial crisis was seen as a self perpetuating scenario based around speculative attacks on currency valuations. Lee argues that as soon as a currency peg is seen as non-defensible market participants expect that the market will move in one direction and in fact it does. Once the expectation sets in collective action takes hold (in this case investors pull out of their investments) and the result can inflict financial ruin on whole economies[20]. The Asian miracle had come to an abrupt end. Krugman further discusses the cause of such violent economic collapse can be seen through bad government policy. In Thailand and Indonesia ‘crony capitalism’ was the source of a lot of poor investment decisions. The sons and daughters of royalty or prominent politicians were the recipients of a lot of investment money regardless of the legitimacy of the project resulting in considerable moral hazard in lending. The regulatory system was ill equipped to deal with companies in danger of bankruptcy or to foster quality investments in the economy that would count towards real growth[21]. As a result the first sign of instability caused foreign investors to pull out of investments and leave the economy in crisis. The act of stabilising an economy is a complex process involving effectively monitoring the potentially volatile variables of an economy. Wagner discusses economic stability as being created through strengthening domestic banking and financial systems; providing better information and policy transparency; strengthening corporate finance, including bankruptcy laws and their implementation; taking precautions against potential capital flow reversals; and last but not least, building packages of sound macroeconomic and exchange rate policies[22]. Although the situation in South East Asia has improved over the years since the financial crisis, Low tells us that many questions still remain in Asia regarding their economic stability for the future, for example, whether effective democratic checks-and-balances in the political system, legal, judicial and institutional processes can help reinforce the moral economy[23]. It is fare to say that controlling inflation is but the tip of the ice b urg when stabilizing a developing nation’s growth. Conclusion Inflation and economic instability are a common problem for low developed countries trying to establish themselves in global markets. Inflation and currency depreciation are fundamental signals to wealthier nations that a local market is too big a risk to invest in thus leaving development and growth stagnant in those countries. Price stability on the other hand can signal to potential investors that a local financial market has strong monetary policy, that exchange rates can be controlled and that the local business environment is encouraging to growth. Countries with unstable monetary policy are vulnerable to speculative attacks from market participants as can be seen in the case of the Asian Financial crisis. Pegging local currencies to stronger currencies such as the United States dollar can result in devastation if markets forecast a currency will be overvalued. Contagion can result in a chain reaction of events that brings trading partners into similar financial crisis. Althoug h devaluing a currency can make exports more attractive on foreign markets it can also discourage foreign direct investment from investing due to the high incidence of default on foreign debt. Mechanisms have been designed to control factors such as inflation and encourage foreign investment by richer nations. A floating currency or a currency board can be used effectively to stabilise exchange rates and thus control the flow of funds in and out of a local market. Good corporate governance including transparency of monetary policy can be used to reduce the risk of speculation and forecast inflationary activity. Political stability also needs to be created through effective regulatory systems on financial and capital markets including bankruptcy laws and laws preventing capital flight in the face of financial crisis. Reference List Arsoy, A.P, Crowther, D (2008) â€Å"Corporate Governance in Turkey: Reform and Convergence,† Social Responsibility Journal, vol.4, iss.3 pp.407-422 Boyd, D Smith, R (2006) â€Å"Monetary Regimes and Inflation in 12 Caribbean Countries,† Journal of Economic Studies, vol.33, iss.2, pp.96-108 Chakraborty, D (1999) â€Å"Macroeconomic conditions and Opening Up – Argentina, Chile and India: A Comparative Study,† International Journal of Social Economics, vol.26, iss.1/2/3, pp.298 -311 Cheng, M.U. Tan, H.B. (2002) â€Å"Inflation In Malaysia,† International Journal of Social Economics, vol.29, iss.5, pp.411-426 Ferreira, H Filho, J.S (2007) â€Å"Economic Transparency and Effectiveness of Monetary Policy† Journal of Economic Studies, vol.34, iss.6, pp.497-515 Krugman, P.R. Obstfeld, M. (2005). International economics: Theory and policy (7th ed.). Boston: Addison-Wesley Longman Lee, J.Y. (2007) â€Å"Foreign Portfolio Investors and Financial Sector Stability in Asia,† Asian Survey, vol.47, iss.6 pp.850-871 Low, L (2006) â€Å"A Putative East Asian Business Model,† International Journal of Social Economics, vol. 33, no.7 pp. 512-528 Maskooki, K (2002) â€Å"Mexico’s 1994 Peso Crisis and its Aftermath,† European Business Review, vol.14, no.3, pp.161-169 Nsouli, S.M Rached, M Funke, N (2005) â€Å"The Speed of Adjustment and the Sequencing of Economic Reforms: Issues and Guidelines for Policy Makers,† International Journal of Social Economics, vol.32, no.9, pp.740 766 Shamsul, A Shyam, A Kamath, J (1986) â€Å"Models and Forecasts of Inflation in a Developing Economy,† Journal of Economic Studies, vol.13, iss.4, pp.3-30 Wagner, H (2005) â€Å"Globalisation and Financial Instability: Challenges for Exchange Rate and Monetary Policy,† International Journal of Social Economics, vol. 32, iss.7, pp.616-639. 1 Footnotes [1] Krugman, P.R. Obstfeld, M. (2005). International economics: Theory and policy (7th ed.). Boston: Addison-Wesley Longman. [2] Shamsul, A Shyam, A Kamath, J (1986) â€Å"Models and Forecasts of Inflation in a Developing Economy,† Journal of Economic Studies, vol.13, iss.4, pp.3-30 [3] Chakraborty, D (1999) â€Å"Macroeconomic conditions and Opening Up – Argentina, Chile and India: A Comparative Study,† International Journal of Social Economics, vol.26, iss.1/2/3, pp.298 -311 [4] Chakraborty (pp.298 – 311) [5] Chakraborty (pp.298 – 311) [6] Krugman et al (pg.615) [7] Cheng, M.U. Tan, H.B. (2002) â€Å"Inflation In Malaysia,† International Journal of Social Economics, vol.29, iss.5, pp.411-426 [8] Krugman et al (pg.623) [9] Ferreira, H Filho, J.S (2007) â€Å"Economic Transparency and Effectiveness of Monetary Policy† Journal of Economic Studies, vol.34, iss.6, pp.497-515 [10] Wagner, H (2005) â€Å"Globalisation and Financial Instability: Challenges for Exchange Rate and Monetary Policy,† International Journal of Social Economics, vol. 32, iss.7, pp.616-639. [11] Wagner (pp.616-639) [12] Boyd, D Smith, R (2006) â€Å"Monetary Regimes and Inflation in 12 Caribbean Countries,† Journal of Economic Studies, vol.33, iss.2, pp.96-108 [13] Wagner (pp.616-639) [14] Maskooki, K (2002) â€Å"Mexico’s 1994 Peso Crisis and its Aftermath,† European Business Review, vol.14, no.3, pp.161-169 [15] Arsoy, A.P, Crowther, D (2008) â€Å"Corporate Governance in Turkey: Reform and Convergence,† Social Responsibility Journal, vol.4, iss.3 pp.407-422 [16] Krugman et al (pg. 634) [17] Nsouli, S.M Rached, M Funke, N (2005) â€Å"The Speed of Adjustment and the Sequencing of Economic Reforms: Issues and Guidelines for Policy Makers,† International Journal of Social Economics, vol.32, no.9, pp.740 766 [18] Krugman et al (pg.620) [19] Krugman et al (pg. 623) [20] Lee, J.Y. (2007) â€Å"Foreign Portfolio Investors and Financial Sector Stability in Asia,† Asian Survey, vol.47, iss.6 pp.850-871 [21] Krugman et al (pg.622) [22] Wagner (pp.616-639) [23] Low, L (2006) â€Å"A Putative East Asian Business Model,† International Journal of Social Economics, vol. 33, no.7 pp. 512-528

Shakespeares Othello - Desdemona the Wonderful Essay -- Othello essay

Othello: Desdemona the Wonderful  Ã‚        Ã‚  Ã‚   The innocent and charming personality of the wife of the general in William Shakespeare’s tragic drama Othello can hardly be rivaled – and yet she died the victim of a horrible murder. Let’s consider her case in this essay.    Louis B. Wright and Virginia A. LaMar in â€Å"The Engaging Qualities of Othello† comment on the virtue within the innocent wife of the Moor, and how pain came into her life:    Desdemona is warmhearted, tender, faithful, and much in love with her husband. No thought is further from her mind than the infidelity that Iago suggests to Othello. The suspense of the play increases as we watch Iago subtly poison Othello’s mind and witness Desdemona’s bewilderment, despair, and ultimate death, and this suspense is retained until the last lines when the spectator is left to imagine the tortures awaiting Iago, who is dragged off the stage to judgment.(129)    Just how innocent is the heroine? Robert Di Yanni in â€Å"Character Revealed Through Dialogue† examines the dialogue between Desdemona and Emilia, and finds that it reveals the former’s innocence:    In this dialogue we not only see and hear evidence of a radical difference of values, but we observe a striking difference of character. Desdemona’s innocence is underscored by her unwillingness to be unfaithful to her husband; her naivete, by her inability to believe in any woman’s infidelity. Emilia is willing to compromise her virtue and finds enough practical reasons to assure herself of its correctness. Her joking tone and bluntness also contrast with Desdemona’s solemnity and inability to name directly what she is referring to: adultery.(122)    Angela Pitt in â€Å"Women in Shakespeare’s Tra... ...   Di Yanni, Robert. â€Å"Character Revealed Through Dialogue.† Readings on The Tragedies. Ed. Clarice Swisher. San Diego: Greenhaven Press, 1996. Reprint from Literature. N. p.: Random House, 1986.    Pitt, Angela. â€Å"Women in Shakespeare’s Tragedies.† Readings on The Tragedies. Ed. Clarice Swisher. San Diego: Greenhaven Press, 1996. Reprint from Shakespeare’s Women. N.p.: n.p., 1981.    Shakespeare, William. Othello. In The Electric Shakespeare. Princeton University. 1996. http://www.eiu.edu/~multilit/studyabroad/othello/othello_all.html No line nos.    Wright, Louis B. and Virginia A. LaMar. â€Å"The Engaging Qualities of Othello.† Readings on The Tragedies. Ed. Clarice Swisher. San Diego: Greenhaven Press, 1996. Reprint from Introduction to The Tragedy of Othello, the Moor of Venice by William Shakespeare. N. p.: Simon and Schuster, Inc., 1957.   

Macbeth - A Good Guy :: Macbeth essays

Macbeth - A Good Guy In the beginning of the play Macbeth was portrayed as a "good being" he fought for his country and for his king. Shakespeare describes Macbeth in such quotes as "for brave Macbeth-well he deserves that name" (pg. 38, line 16), and "What he hath lost, noble Macbeth hath won."(pg. 40 line 67). These types of quotes in the play seem to be placed with the so called "Good guys" when they achieve or accomplish something that is great. The thoughts of killing the king only began after the three witches had made the three predictions. When Lady Macbeth had read her husbands letter about what the witches had promised. Lady Macbeth waited until Macbeth arrived home and pushed him to make the predictions come true. Macbeth knew the murder of Duncan is wrong but Lady Macbeth pushes him to act. Unlike Macbeth, Lady Macbeth does not struggle with the battle against evil she simply brings it upon herself. "Come you spirits that tend my mortal thoughts, unsex me here, and fill me from the crown to the toe, top full of direst cruelty. Come thick night, and pall thee in the dunnest smoke of hell, that my knife see not the wound it makes, nor heaven peep through the blanket of dark."(pg. 51 line 41) These lines are stated in a soliloquy, asking for the evil spirits to be bought upon her. Lady Macbeth could never of killed Duncan as he reminder her of her own father ,proving Macbeth had to also fulfil Lady Macbeth's ambitions as well as his own. The heroic loyal character of Macbeth is forced into a internal battle to decide between ambition and loyalty to his king. Macbeth overcomes the evil within him, though Lady Macbeth crushes his thoughts of loyalty to the king by calling him a coward or threatening his manliness. Macbeth allows the evilness to grow within him, which allows ambition to take control of his life. Due to the evilness that has started to control his life he prepares to kill the man who has given him everything to his credit, to fulfil his ambition, and to become King.

Cloning Technology: With Respect to Faith and Reason Essay example --

Cloning Technology: With Respect to Faith and Reason Church VS Science The idea of sitting in an airport and seeing someone walk past that looks identical to you may seem absurd, but due to new scientific development it may not stay that way for long. In 1953 two scientists by the names of James Watson and Francis Crick discovered the structure of DNA.1 DNA can be defined as the makeup of chromosomes, which carry genetic information. DNA is present in nearly every living organism and can be found in a living organisms body tissue, hair, and blood.2 The discovery of DNA has led to amazing advances in the medical field. When the structure was first discovered society did not fully understand some of the possible outcomes of DNA. Since its discovery, scientists have worked very hard at understanding the complexity of DNA. Today it is obvious that if it were legal for scientists to clone a human being they would have both the technology as well as the willingness to do it. Scientists have already successfully cloned a sheep in Scotland. However, there is a part of society that opposes cloning technology because they feel it goes against the ways of nature designed by God. The debate about human cloning as right or wrong strongly deals with the Humanity Based Theme of Faith and Reason. Due to the way cloning technology violates many religious beliefs it must be stopped before corrupting all of human existence. In the past, the majority of society has accepted the concept of Darwinism, which is the idea that humans are created and are able to survive due to natural selection. Creation has generally been viewed as something that God is responsible for. In the eyes of many it is absurd and wrong to tamp... ... Washington D.C.: AEI, 1998. - Watson, James D. "All For The Good." Time, 11 January 1999, 91-92. - Watson, James D. "The Human Genome Project: A Personal View," in Writing and Reading Across the Curriculum, ed. Laurence Behrens and Leonard J. Rosen (New york: Longman, 1997), 589-596. Web Sites used <http://heperion.advanced.org/18258/dolly.htm> <http://www.weeare3d.com/Asite/3ddnastranda_l.html> <http://www.humancloning.org/snowylogos.htm> <http://www.free-graphics.com/clip3.htm> <http://members.theglobe.com/timoclipart> <http://www.windows.umich.edu/cgi-bin/redirect.cgi/people/ancient_epoch/socrates.html> <http://www.ornl.gov/hgmis/resource/images.html> <http://www.free-graphics.com/> <http://homepages.udayton.edu/gifs/> <http://www.lihistory.com/specdisc/diswats.htm> Cloning Technology: With Respect to Faith and Reason Essay example -- Cloning Technology: With Respect to Faith and Reason Church VS Science The idea of sitting in an airport and seeing someone walk past that looks identical to you may seem absurd, but due to new scientific development it may not stay that way for long. In 1953 two scientists by the names of James Watson and Francis Crick discovered the structure of DNA.1 DNA can be defined as the makeup of chromosomes, which carry genetic information. DNA is present in nearly every living organism and can be found in a living organisms body tissue, hair, and blood.2 The discovery of DNA has led to amazing advances in the medical field. When the structure was first discovered society did not fully understand some of the possible outcomes of DNA. Since its discovery, scientists have worked very hard at understanding the complexity of DNA. Today it is obvious that if it were legal for scientists to clone a human being they would have both the technology as well as the willingness to do it. Scientists have already successfully cloned a sheep in Scotland. However, there is a part of society that opposes cloning technology because they feel it goes against the ways of nature designed by God. The debate about human cloning as right or wrong strongly deals with the Humanity Based Theme of Faith and Reason. Due to the way cloning technology violates many religious beliefs it must be stopped before corrupting all of human existence. In the past, the majority of society has accepted the concept of Darwinism, which is the idea that humans are created and are able to survive due to natural selection. Creation has generally been viewed as something that God is responsible for. In the eyes of many it is absurd and wrong to tamp... ... Washington D.C.: AEI, 1998. - Watson, James D. "All For The Good." Time, 11 January 1999, 91-92. - Watson, James D. "The Human Genome Project: A Personal View," in Writing and Reading Across the Curriculum, ed. Laurence Behrens and Leonard J. Rosen (New york: Longman, 1997), 589-596. Web Sites used <http://heperion.advanced.org/18258/dolly.htm> <http://www.weeare3d.com/Asite/3ddnastranda_l.html> <http://www.humancloning.org/snowylogos.htm> <http://www.free-graphics.com/clip3.htm> <http://members.theglobe.com/timoclipart> <http://www.windows.umich.edu/cgi-bin/redirect.cgi/people/ancient_epoch/socrates.html> <http://www.ornl.gov/hgmis/resource/images.html> <http://www.free-graphics.com/> <http://homepages.udayton.edu/gifs/> <http://www.lihistory.com/specdisc/diswats.htm>

Swot of Mamee

MAMEE Double-Decker has many things going for it, among them, a good financial track record, a strong balance sheet, great brands and reasonably good dividend payouts, which definitely makes it worth noting. MOST KIDS PROBABLY KNOW the `blue monster' and most adults have probably met them as well. Fear not as we are just talking about the ever-famous Mamee Monster snack food, which comes mainly in small packets that are consumed daily by its ardent fans. That probably sums up the public face of listed Mamee Double-Decker Bhd, the company which produces this classic snack food. But while the blue monster remains the ever-lovable monster, the company has outgrown it and today, Mamee is actually one of the leading snack manufacturers in the country with a strong presence in the export market as well. And it has certainly more than enough snack food brand names in its current stable, and in noodles and cultured milk production as well. Do Mamee Monster, Mamee Instant, Mister Potato and Sllrrp! Noodles and Double Decker sound familiar? How about Cheers and Nutrigen? These are the company's famous brands, which are likely to strike a chord with most consumers who consume them frequently. Still, the company itself – despite being listed since 1992 – is probably less familiar to investors than consumers. So, it is rather interesting somewhat to know that Mamee is actually a fundamentally strong and healthy company with growth potential as it expands its distribution network further and invests in new potato crisp lines to broaden its range of snacks. This is true for at least local research house, OSK Research, which initiated coverage on the company recently and pegged an RM4. 00 target price for the stock. It cites that Mamee is worth a `BUY' despite the stock having almost rallied 30% of late, citing the current strong sentiment on consumer counters.

Does Television Advertisement Have Positive Impact on Consumer

You must have at least once in your life seen television advertisements which made you feel bored and decide that you would never buy these products. In fact, television advertising becomes an indispensable part in marketing strategies. No doubt, there are many commercial advertisements that produce good responses right after its first broad cast. However, nowadays, consumers are very easy to â€Å"allergic† to the advertisements that they do not have feelings. Television advertisements cause negative effects to consumers because they not fit consumers’ spending habit and thinking, use images that are annoying, and never tell all the truth about products. BODY: Many companies use television advertisements to penetrate the market but they did not succeed. The reason was that they forgot the key principle in marketing which is to put yourself in the consumer’s situation. According to Issabelle Szmigin, The act of consumption by people is very different to the picture sometimes produced from studies of consumption. It is one of the reasons why some brands continue to live a charmed life and others cannot. Children, for example, can respond positively from this generation to the next generation with the same toy and refuse others after a few months of interest. On the other hand, as is the case of Novo, the company very clearly get wrong strategies and retrenches but still become successful in the domain of health care, while some other brands are removed for more complex tactical and strategic reason which the consumer will never know about. In fact, you can see many television advertisements, that aired in the time period are very annoying, especially is midnight. Try asking, at this time, how many people will have to sit before the television waiting to see them. Besides that, many advertisements are very complex and have many details that made the audiences have to think. This causes customers to feel uncomfortable with the product. The important thing here is the television advertising does not suit the consumers' spending habits, thoughts, so their failure in the market access is inevitable. For years, massive advertising appears on television. Besides the good advertisements, there are many advertisements that using crude images, loss of culture. We still know that the advertising are necessary, but the culture in advertising even more important. Especially, with mothers who are raising young children, advertising is an effective solution in helping children eat and learn, so they require a lot from advertisements. According Scott Ward, the extent to which children attempt to influence parental purchasing is very big. His research also reports data from mothers of young children, concerning their perceptions of the frequency with which television commercials influence their children to want advertised products, and the extent to which parents yield to children' s purchase influence attempts. (Report Number 1, Effects of Television advertising on children and adolescents, 1971, p. 5). Mother's decision to purchase much influenced from their children. The choice of image ads is extremely important but in fact, many marketers forgot this issue. There are many ads that use bad images that are not effective to influence the thinking of the children or attractive to them. And of course, the mother would never buy that product. Culture advertising is not only promote the manufacturer's brand, distribution in the masses in order to sell more goods, but also help consumers select product that suit with their needs. Besides that, culture advertising is the respect of consumers. Thus, television advertising has caused negative impacts on consumer if bad images are used, making viewers allergic to those products.