Friday, May 22, 2020

Single Parent s Hardship Case Study - 1295 Words

Single Parent’s Hardship Weifan Chen Kent State University Single Parent’s Hardship For many years, children growing up in a single parent family have been viewed as different. Being raised by only one parent seems impossible to many but in fact, over the decades it has become more common. In today’s society many children have grown up to become emotionally stable and successful whether they had one or two parents. The problem lies in the difference of children raised by single parents versus children raised by both a mother and a father. Does a child need both parents? Does a young boy need a father around him? Does the government provide needed help for single parents? What role do step-parents play? With much speculation, this topic has become a very intriguing argument. What people must understand is that properly raising a child does not rely on the structure of a family but should be more focused on the process or values that are taught to these children as they become to mature. Hence I argue that children of single par ents can be just as progressive with emotional, social and behavioral skills as those with two parents. People claim that the only way for children to gain full emotional and behavioral skills is to be raised by both a mother and a father. When face a problem such as this one which has a great amount of variables it is impossible to simply link these problems to only having one parent. In the article, â€Å"Single-parent families causeShow MoreRelatedExceptional Hardships, Challenges, Or Opportunities Make1049 Words   |  5 PagesExceptional hardships, challenges, or opportunities make me think of about a million things that have happened throughout my short twenty-one years of life. In today’s society, it is very common for a child to grow up in a home where one of the parents is absent. In most cases, it is usually the father that is not present, particularly in African American homes. â€Å"In the United States today, 16,334,000 children under age 18 live in single mother homes,† (Fluty 4). Single parent homes affect childrenRead MoreEffects Of Divorce On Children s Socio Economic Success Essay1704 Words   |  7 PagesOra Fudge English 1302.41430 Prof. Savage 4 Dec. 2016 Effects of Divorce on Children s Socio-Economic Success The family is the lowest unit within the social structure. Basically, a family consists of a couple and their children. Socially, a â€Å"full† family unit is respected while â€Å"one† units are stigmatized. In the past decade, an extensive literature has been developed in relation to the interplay between family structure, family change and child outcomes. In the developed world, marriage isRead MoreDivorce Is A Poor Attitude Toward Marriage Essay1458 Words   |  6 Pagesbecause of the prevalence of divorce, and the damage divorce does to children’s emotional development in society. In many cases divorce arises from life threaten and infidelity situations, this makes divorce necessary and can be supported by family members and friends. If there has been adultery in the marriage, or if there is physical/emotional abuse that causes the children s to be scary and stressed out all the time, then divorce is justifiable in that regard. Nobody should be coerced or compromiseRead MoreThe Other Side Of Divorce902 Words   |  4 Pageswhy their parents have to split to begin with. Most people believe that divorces lead to those negative psychological ramifications in children. Partially true, another side of divorce presents the positive impacts on children’s long-term growth. For most children, they are very likely, despite popular belief, endure sadness and depress temporarily, while they would experience rapid recoveries in the longer run, and the majority of them would even grow up, having learned from their parents’ divorceRead MoreThe Role Of Family Structure And Youth Essay1678 Words   |  7 Pagesnuclear families consisting of a mother and father. Some families are single parent families where there is only one parent or even extended families, meaning daughters, sons, grandparents, uncles, aunts, and so on. Families go through many trials and tribulations. Some events can be tremendously disruptive for everyone within that family or household. According to Kierkus and Hewitt (2009)â€Å"Children raised in traditional, two-parent families experience a lower risk of delinquency than children fromRead MoreThe Social Problem Of Children1632 Words   |  7 Pagesleft untreated will be negatively impacted in the future. These children may have difficulty in school, sports, and community settings. This in turn can create hardships for parents with their jobs, friends and family. Parents may lose their jobs because their Children are being repeatedly kicked out of schools. In social settings the parents of these Children are often isolated and stigmatized because of the child’s behavior. Families are often torn apart, because these children are exhausting andRead MoreParent Families Are A Common Theme Throughout The United States Essay1521 Words   |  7 PagesSingle- Parent Families Single- parent families are a common theme throughout the United States. Single-parent families currently account for over 20% of households in the United States (Berk, 2014). This population has steadily increased over the past decade and continues to warrant the attention of mental health professionals. Single-parent homes require unique and specific attention to family therapy and research continues to support this. A single- parent home is defined as one parent takingRead MoreMedia Changes The World For The Worst1565 Words   |  7 Pagesremarried parents, extended families living together, and kids who never really had a family should also be included. This will increase the overall sense of happiness and well-being among children whose families don t necessarily fit in with society. Both mothers and fathers play a vital role in the growth and development of children. It s proven that the amount of nurture a child gets while growing up guides them into how they will act later on in life. Bradford Wilcox said, Each parent is a roleRead MoreA Study On My Chicano / A Studies Courses Essay1328 Words   |  6 PagesIf the income level indicated above does not represent the approximate income level of your parents household during your high school years, please explain. The amount stated above is relatively the same income that my father earned during my high school years. When I graduated high school in 2009 my family was going under a great financial stress due to the recession and its effects on jobs like construction. Over the years, construction has started to upsurge, due to the heavy deteriorationRead MoreSample Article On The Excellence Of Parenting1366 Words   |  6 PagesHaving a good qualitative standard in parenting demands special skill and ability to nurture people from childhood to adulthood where they can be a replica of your true identity as a parent and makes you a role model. Good viable parents do not fall from heaven, neither were they taken to a special school of study in parenting, but they are the individuals that took their time to build their homes and the lives of their children. They are the people that understand the principles of parenting and

Thursday, May 7, 2020

Factors Contributing Factors That Causes Obesity Among...

Childhood obesity is a major health issue that takes place when a child is beyond the average weight for his or her age and height (Mayo Clinic, 2014). According to Sameera and Amar childhood obesity is a major public health crisis nationally and internationally, which arises because of the differences in lifestyle consequences among different cultural people in New Zealand (2012). This abnormality can cause various health risks such as diabetes and heart disease (World Health Organisation, 2014). The purpose of this essay is to analyse 3 major contributing factors that causes obesity among children in New Zealand. This essay will commence by identifying the behavioural factor such as lack of physical activity for children furthermore, it will discuss environmental factors, for instance, media and portion sizes of fast food intake in New Zealand. Lastly this essay will discuss sociocultural factors regarding cultural family background and how socio-economic status affects the rising issue of childhood obesity. THESIS STATEMENT? The New Zealand Health Survey established that â€Å"1 in 9 children aged 2–14 years were obese (11%)†, in New Zealand (Ministry of Health, 2014). Weight loss can be achieved through regular exercise and interventions on nutrition. It can help protect an individual from being obese and reduce risks, complications and control health issues. For example, lowering sugar intakes to better aid diabetes, consume healthy foods for example more fruits andShow MoreRelatedFactors Contributing Factors That Causes Obesity Among Children Essay1364 Words   |  6 PagesWhat are the causes of obesity among children in New Zealand? Introduction Childhood obesity is a serious medical condition that occurs when a child is well above the normal weight for his or her age and height (Mayo Clinic, 2014). According to Sameera and Amar childhood obesity is a major public health crisis nationally and internationally, which arises because of the differences in lifestyle consequences among different cultural people in New Zealand (2012). This abnormality can cause various healthRead MoreChildhood Obesity And Its Effects On Children And Adolescents1427 Words   |  6 PagesLiterature Review Many children living in the world are well nourished and consume foods that contain sufficient amounts of protein, carbohydrate, fat and micronutrients in order to meet their nutritional requirements. However, there has been a downfall of recommended dietary standards considerably fallen short within children’s diets. Furthermore, an insignificant diet as well as physical inactivity, results in an energy imbalance and can lead to a major social issue of childhood obesity. The World HealthRead MoreRisk Factors for Stroke in Young Adults1635 Words   |  7 Pages Risk Factors for Stroke in Young Adults Stroke is the third leading cause of death in the United States (CDC para. 1), affecting more than 7 million Americans over the age of 20 and representing 3% of the population (Rogers et al. e68). Current estimates suggest close to 800,000 Americans will experience a stroke each year; however, symptoms related to strokes often go undiagnosed. The prevalence of undiagnosed strokes is estimated to be 17.8% of the population over the age of 45, but some minoritiesRead MoreThe Food And Beverage Industry1410 Words   |  6 Pagesspecialized in food that appeals to children alone. From the exciting music, vibrant colors, celebrity filled commercials and the prizes promised in every box of cereal, children have become one of the main targets of the food and beverage industry. For many years obesity among youths was over looked but now there is an epidemic of among school aged children in the United States. According to W.H.O. (World Health Organization 2013), there are over 42 million chil dren under the age of five overweightRead MoreEssay on Outline for Speech1256 Words   |  6 PagesInformative Speech Outline Title: Child Obesity, a â€Å"Growing† Concern Topic: Most Prevalent Causes of Obesity in the U.S. Specific Purpose: To educate the audience on the key causes of the increasing obesity rate in the U.S. among adults, but especially among youth. Thesis Statement: The main contributors to obesity among adults, but mostly among youth are environmental factors, lack of choosing nutritious meals, portion distortion and the factor that fuels all of these, advertising mediaRead MoreChildren And Type 2 Diabetes1533 Words   |  7 PagesChildren and Type 2 Diabetes Type 2 diabetes mellitus (T2DM) has been reported with increased frequency over the last twenty years in adolescents and children in the United States. As a result of T2DM glucose metabolism within the body of affected adolescents and children is severely compromised. Formerly known as adult onset and/or insulin resistant diabetes T2DM occurs due to the cell inability to properly use insulin which then results in lowered secretion of insulin as well as insulin resistanceRead MoreDefining Overweight And Obesity : Bmi Interpretation1475 Words   |  6 Pages†¢ Defining overweight and obesity – BMI interpretation is review. The Body Mass Index (BMI) formula is used to estimate the proportion of fat a person has based on their HEIGHT and WEIGHT. Adults with a BMI between 18.5 and 24.9 are considered to be at a normal or healthy weight, adults with a BMI between 25 and 29.9 are considered to be overweight, and adults with a BMI of 30 or higher are considered obese. †¢ What challenges do people face in trying to lose weight, even when they know the healthRead MoreObesity And Its Effects On The Health Of Americans And People All Across The World1514 Words   |  7 Pages Obesity is a very serious threat to the health of Americans and people all across the world. A plethora of studies have been done to confirm the adverse effects of obesity on an individual s health. Obesity rates have been skyrocketing in the past 30 years. The year 2000 marked the first time in human history that the percentage of obesity in the human population rose over 50% (Obesity: A Cultural and Biocultural Perspective). Obesity, as well as childhood obesity, is more prevalent than everRead MoreChildhood Obesity Essay1712 Words   |  7 PagesChildhood obesity is an important issue because of the staggering proportions that this disease has reached in the past few years. Certain genetic factors paired with changing lifestyles and culture has produced kids (and adults) who are generally not as healthy as people were just a few decades ago. Widespread obesity has been the extreme result of these changes. I chose this topic because I have worked with children all of my life. I plan to continue my work with children in the futureRead MoreChildhood Obesity And Its Effects1551 Words   |  7 PagesChildhood obesity has become an epidemic in our nation. Currently, more than one in six American children is obese, which is three times the rate as that of the 1970s [1]. Obesity contributes significantly to cardiovascular disease, different types of cancers, as well as diabetes. About 70% of obese children/adolescents have at least one risk factor for heart disease, such as hyperlipidemia and hypertension, and almost 40% of obese youths have at least two additional risk factors. Increase in rates

Wednesday, May 6, 2020

Zappos, an Electronic Commerce Information System Free Essays

Abstract As times evolve, so do the tools businesses use to keep up with the competition. One tool widely used is an information system. Such a system allows businesses to input process and store information. We will write a custom essay sample on Zappos, an Electronic Commerce Information System or any similar topic only for you Order Now Zappos. com is one of the many businesses that use an information system. The system that Zappos. com uses is an electronic commerce information system. This system allows Zappos. com to provide great customer service, which is the company’s mission. Many employees are needed to run the different components of the electronic commerce information system, some employees are new and others are seasoned workers. There are managers that train and oversee the production and service provided by employees. The electronic commerce information system has many components. Some workers are in charge of inputting and creating the graphics that appear on the Zappos. com webpage. Other customers are in charge of processing payments and shipping information. A customer must have access to the internet and one of the Zappos. com approved methods of payment to make a purchase. The use of an electronic commerce information system has enabled Zappos. com to be efficient and save money. Unfortunately, should such an information system crash, the website would be unable to run. Although the webpage is very user friendly, there are some improvements that would make it better, such as pictures, advanced search options, and experienced customer service. Zappos. com, an Electronic Commerce Information System With the development of new technology, people have changed the way they do things. From ordering movies and food, to shopping for merchandise, more and more customers are resorting to the internet to satisfy their needs. In order to succeed, companies must keep up with growing trends. Online shopping is one of the fastest growing trends nationwide. In order to provide this feature, companies must have the necessary system in place to provide accurate information such as prices, quantities, and shipping information. One tool many companies use is an information system. Rainer (2009) defines an information system as â€Å"the planning, development, management and use of information technology tools to help people perform all tasks related to information processing and management† (glossary). Zappos. com is an online store that is used my thousands of customer nationwide. Zappos. com offers anything from clothing to shoes for the entire family. There are many features that make Zappos. com an excellent place to shop. One of these features is that customers are given 365 days to return items, as opposed to 30 or 90 days allotted by other online stores. The second feature is that shipping is free both ways. There are many components that make up the electronic commerce information system employed by Zappos. com. Some components allow customers to view the merchandise in stock, while other components store transaction histories. All of these components work together to provide customers with a hassle-free easy internet shopping experience. In addition, components from the online platform also communicate with different operational components. Zappos. com uses this system for many of its operational tasks such as processing payments and keeping up with growing customer trends. Overview and Structure of the Organization Mission: The mission of Zappos. com is to provide the best customer service possible to its customers. There are many internet stores available online. In order to fulfill its mission and stand out above the rest, Zappos. om must provide popular merchandise as well as process transactions fast, accurately, and efficiently. Foundation: The first step in running a successful online organization is to properly train employees. Zappos. com starts by training employee’s the core values and organizational culture established by the company. Once the basics have been established, employees are trained to perform different duties. Managers help train and guide new and seasoned Behind the Scenes: To make Zappos. com a successful online business, a special department is in charge of finding merchandise that is in high demand. Once the merchandise has been selected, another department is in charge of taking pictures and preparing information that the customers can see and read when they access the Zappos. com website. After a customer picks out merchandise, a department oversees the processing of the payment and the shipping of the merchandise to the customer. Should there be any issues or concerns, a customer service department is available to assist customers. Inputs, Outputs, and Organizational Usage Webpage Zappos. com is divided up into different sections. Employees enter information such as sizing charts, or lists of brands. Other sections include house wares, beauty, and handbags. Employees are in charge of developing and maintaining these different sections. Merchandise An information system calculates and predicts growing trends. Reports are analyzed to determine the merchandise that will be purchased. Once merchandise is purchased, pictures and descriptions of items are entered into a system to be displayed online. The quantity of merchandise is also imputed to provide accurate information of available merchandise. Transactions Customers view different merchandise online. Once they decide to purchase an item, they must input various information. The first step is usually to indicate the quantity and size of the merchandise. Second, customers enter or create their login information. Third, customers input their address and contact information. Finally, payment information is entered so that customers can get a confirmation that their transaction is being processed and when their merchandise will be shipped. Impact of the Information System on the Organization Efficiency An electronic commerce information system allows Zappos. com to be more efficient. Information that is inputted into the system such as prices or details on merchandize can be viewed by employees in different states. In regards to training, material can be inputed into the information system so that employees can study and review it during their down time or on time allotted for training. Cost Effective An electronic commerce information system allows Zappos. com to be an online store. This saves the company money that would have been spent covering overhead charges as an actual physical store. Rather than having merchandise in one location, Zappos. com is able to offer a variety of merchandize to customers nationwide with the use of an information system. Downfall One negative aspect is that Zappos. com is an online store. Should the electronic commerce information system crash, the website would be shut down. This in return would upset customers that are loyal shoppers. In addition, money would be lost because there is not a physical location where people could go to in order to complete their transactions. Contingency Zappos. om has two locations, one in Las Vegas, and another location in Kentucky. This has allowed Zappos. com to function operations from one location to the other should one system be down. This ensures that while little issues may occur with the site, major issues have never prevented the site from working. Hardware and Software Back Operation Zappos. com must have all the necessary hardware to successfully run an online business. Examples of such hardwa re include cameras to take pictures of merchandise and computers to upload the information to the webpage. Many customers do not feel safe entering their bank information online. As a result, telephones are important so that representatives can assist customers that choose to call. Webpage The webpage designers at Zappos. com would need different hardware as well. Many designers use notepads to organize the content. Graphics programs are also necessary to add slides and transitions to the webpage. Photoshop software also enables designers to tweak pictures so that they appear as professional as possible. Customers To begin with, customers must have access to the internet in order to shop t Zappos. com. Some customers like to use their laptops, desktops, or cell phones to access the site. Many people use internet explorer, while others use Mozilla Firefox. To prevent viruses or other cyber attacks, many customers have some type of internet security software. Recommended Improvements Shoes The Zappos. com website features many shoes and customers can look at multiple views. Unfortunately, t here are not any pictures that show how the shoe would look on an actual person. One improvement the system could use would be to show a picture of a model wearing the shoe. For this improvement, a picture would be taken of a model wearing a shoe. The picture would then be uploaded into the information system so that it is available to be viewed by customers nationwide. Customer Service Zappos. com has a wonderful option to chat live with representatives online. Unfortunately, the service can sometimes be slow because agents have to take time to research the problem. There are so many products offered that sometimes the wait can be long. To fix this issue, agents can be trained to be experts of different areas. This would allow the agents to know their products better so that customer wait time is minimal. For this improvement, agents would have to be better trained in specific departments. In addition, the online chat would have to be set up to allow customers to click on the department that can best assist him or her. Advanced Search Zappos. com offers many products. When trying to narrow down search results, customers have to check different specification. It would be time efficient, to have an advanced search where a customer can enter all the specification of the produce he or should would like to see. To do this, Zappos. com would have to have an advanced search field that would allow customers to choose between different specifications. Conclusion Gone are the days when data had to be inputted, processed, and stored manually. Information systems have revolutionized the way businesses function. Zappos. com is an online store that uses and electronic commerce system to function successfully. Recap major points throughout essay. References Rainer, R. K. , Jr. , Turban, E. (2009). Introduction to information systems: Supporting and transforming business (3rd ed. ). Hoboken, NJ: John Wiley Sons, Inc. How to cite Zappos, an Electronic Commerce Information System, Papers

Monday, April 27, 2020

The Morality Of Science Essays - English-language Films,

The Morality Of Science The Morality of Science Lesley Hubbard June 14, 2000 There are two parallel stories in Mary Shelley's Frankenstein, ?one of attempting to discover the secret of life and the other of forcing nature to open her secrets to man (Neal).? This novel can be looked by combining those two stories into a theme of the scientist who seeks to play God and what happens to him in his quest to create life from death. When looking at the book in this regard, ?the reader discovers the dangers inherent in defying the natural order, (Neal)? and the potential consequences of scientific discovery. Victor Frankenstein, fascinated with scientific exploration in the physical world, embarked upon an experiment that forever changed his life and that of his family and friends. During his studies away from home, Victor foolishly decides that he will play God. ?I will pioneer anew way, explore unknown powers, and unfold to the world the deepest mysteries of creation (Shelly p. 47).? ?What lies behind Frankenstein's scientific projects is obviously an attempt to gain power (Damyanov).? Victor devotes himself to his task of creating life from death for a period of two years without once considering the implications of the result of his experiment. ?Thoughtless Victor built in no safety controls, no device to assure that only good actions would be performed (Neal).? ?Shelley warns us of the dangerous division between the power-seeking practices of science and the concerns of humanists with moral responsibility, emotional communion, and spiritual values (Damyanov).? Victor invested so much selfish care and time into his creation and never thought of the implications of his success. As if almost seeing into the future, Shelly gives us a ?warning to consider the final effects of scientific exploration and experiment (Neal).? Neglecting all moral implications of his creation, Victor completes his work. Victor never imagined that his success would create horror instead of joy and immortality. ?It was a dreary night in November that I beheld the accomplishment of my toils (Shelley p. 56).? ?How can I describe my emotions at this catastrophe, or how delineate the wretch whom with such infinite pains and care I had endeavored to form (Shelley p. 56) Even when Victor came to the realization that his success in creating his being had become an abhorrence, he took no responsibility in trying to remedy his actions or take care of the creature. ?Victor emulated God's actions when he created the being (Neal).? He had hoped ?a new species would bless me as its creator and source; many happy and excellent natures would owe their being to me (Shelly p. 52).? Unfortunately for Victor, the exact opposite resulted. Victor was responsible to his creation as a father is to a child, but only tried to escape the creature's wretchedness. The creature has been left to his own devices to either become part of society, or to live alone in hiding, suffering, and pain. Victor awoke the day after witnessing his creature come to life in a horrifying form and in finding the creature had disappeared, basically goes on with his life. Frankenstein does not take on the moral responsibility of remedying his disastrous creation until years later when it returned to him. Years after the creatures ?birth,? he has learned to speak and write, and sets out in search of Frankenstein; his creator, his father. He has discovered that no man will treat him with any dignity or compassion or love and desires to find this from his creator. After realizing that he cannot recover these feelings from Frankenstein, the creature requests that Victor create another being; a female form of himself, a true companion. When confronted by the creature, Victor seems to realize for the first time the moral implications of what he has done. ?Wretched devil! You reproach me with your creation; con, then, that I may extinguish the spark which I so negligently bestowed (Shelley p. 96).? The creature, also realizing how wrong Frankenstein had been in his attempt to become God, exclaims to him, ?How dare you sport thus with life? (Shelley p.96) Victor eventually agrees to create a female companion for his creature. While working on her creation, Victor becomes more acquainted with

Thursday, March 19, 2020

Free Essays on Our Town, And Character Impact

In Thorton Wilder’s play; Our Town the action is centered around two main characters: George and Emily, and have a large group of people revolving in and out of their lives, with little to no effect on them. In the opening act, Georges’ father shows himself to be an industrious and hardworking man. The stage manager makes a point of stating that Dr. Gibbs has been up all night performing his duties: â€Å"†¦ There’s Doc Gibbs comin’ down Main Street now, comin’ back from that baby case. †¦ Got the call at half past one this morning.† (6-7) Well-educated and knowledgeable, having studied to be a doctor, a powerful father figure such as Dr. Gibbs should have some effect on George, but apparently he does not. George is content to live a simple, uneducated life, and be a farm worker and pass on the prestige and social position of a doctor. Joe Crowell, Jr. is another character that juxtaposes Georges’ potential and the choices he makes. Joe is a newspaper boy in a small New Hampshire town, and he decides to go to college, albeit under slightly different circumstances; â€Å"†¦ Joe was awful bright- graduated from high school here, head of his class. So he got a scholarship to Massachusetts Tech. Graduated head of his class there, too.† (SM 9) While George may not have been on the same level, intellectually, as him, Joe knew the importance of higher education, and Joe was from much more meager roots. George had plenty of opportunity and reason to go to college, but decides against it. The family and societal pressure to go to college should have at least given George pause. On a small scale, George’s parents exert some influence on George. In Act II George tries to escape his house into the rain, but his mother demands he puts on rain gear. Once in the Webb household, he begins to ignore his (soon to be) parents-in-law. Mrs. Webb tells George he can not see Emily before the wedding, but he insists just the same. Wh... Free Essays on Our Town, And Character Impact Free Essays on Our Town, And Character Impact In Thorton Wilder’s play; Our Town the action is centered around two main characters: George and Emily, and have a large group of people revolving in and out of their lives, with little to no effect on them. In the opening act, Georges’ father shows himself to be an industrious and hardworking man. The stage manager makes a point of stating that Dr. Gibbs has been up all night performing his duties: â€Å"†¦ There’s Doc Gibbs comin’ down Main Street now, comin’ back from that baby case. †¦ Got the call at half past one this morning.† (6-7) Well-educated and knowledgeable, having studied to be a doctor, a powerful father figure such as Dr. Gibbs should have some effect on George, but apparently he does not. George is content to live a simple, uneducated life, and be a farm worker and pass on the prestige and social position of a doctor. Joe Crowell, Jr. is another character that juxtaposes Georges’ potential and the choices he makes. Joe is a newspaper boy in a small New Hampshire town, and he decides to go to college, albeit under slightly different circumstances; â€Å"†¦ Joe was awful bright- graduated from high school here, head of his class. So he got a scholarship to Massachusetts Tech. Graduated head of his class there, too.† (SM 9) While George may not have been on the same level, intellectually, as him, Joe knew the importance of higher education, and Joe was from much more meager roots. George had plenty of opportunity and reason to go to college, but decides against it. The family and societal pressure to go to college should have at least given George pause. On a small scale, George’s parents exert some influence on George. In Act II George tries to escape his house into the rain, but his mother demands he puts on rain gear. Once in the Webb household, he begins to ignore his (soon to be) parents-in-law. Mrs. Webb tells George he can not see Emily before the wedding, but he insists just the same. Wh...

Monday, March 2, 2020

A Brief History of Banking Reform After the New Deal

A Brief History of Banking Reform After the New Deal As president of the United States during the Great Depression, one of President Franklin D. Roosevelts primary policy goals was to address issues in the banking industry and financial sector. FDRs New Deal legislation was his administrations answer to many of the countrys grave economic and social issues of the period. Many historians categorize the primary points of focus of the legislation as the Three Rs to stand for relief, recovery, and reform. When it came to the banking industry, FDR pushed for reform. The New Deal and Banking Reform   FDRs New Deal legislation of the mid- to late-1930s gave rise to new policies and regulations preventing banks from engaging in the securities and insurance businesses. Prior to the Great Depression, many banks ran into trouble because they took excessive risks in the stock market or unethically provided loans to industrial companies in which bank directors or officers had personal investments. As an immediate provision, FDR proposed the Emergency Banking Act which was signed into law the very same day it was presented to Congress. The Emergency Banking Act  outlined the plan to reopen sound banking institutions under the US Treasurys oversight and backed by federal loans. This critical act provided much-needed temporary stability  in the industry  but did not provide for the future.  Determined to prevent these events from occurring again,  Depression-era politicians passed the Glass-Steagall Act, which essentially prohibited the mixing of banking, securities, and insuranc e businesses. Together these two acts of banking reform provided long-term stability to the banking industry. Banking Reform Backlash Despite the banking reforms success, these regulations, particularly those associated with the Glass-Steagall Act, grew controversial by the 1970s, as banks complained that they would lose customers to other financial companies unless they could offer a wider variety of financial services.  The government responded by giving banks greater freedom to offer consumers new types of financial services. Then, in late 1999, Congress enacted the Financial Services Modernization Act of 1999, which repealed the Glass-Steagall Act. The new law went beyond the considerable freedom that banks already enjoyed in offering everything from consumer banking to underwriting securities. It allowed banks, securities, and insurance firms to form financial conglomerates that could market a range of financial products including mutual funds, stocks and bonds, insurance, and automobile loans. As with laws deregulating transportation, telecommunications, and other industries, the new law was expected to gen erate a wave of mergers among financial institutions. Banking Industry Beyond WWII Generally, the New Deal legislation was successful, and the American banking system returned to health in the years following World War II. But it ran into difficulties again in the 1980s and 1990s in part because of social regulation. After the war, the government had been eager to foster homeownership, so it helped create a new banking sector- the savings and loan (SL) industry- to concentrate on making long-term home loans, known as mortgages. But the savings and loans industry faced one major problem: mortgages typically ran for 30 years and carried fixed interest rates, while most deposits have much shorter terms. When short-term interest rates rise above the rate on long-term mortgages, savings and loans can lose money. To protect savings and loan associations and banks against this eventuality, regulators decided to control interest rates on deposits.

Saturday, February 15, 2020

What Postmodernism Is Essay Example | Topics and Well Written Essays - 500 words

What Postmodernism Is - Essay Example The essay "What Postmodernism Is" concerns postmodernism era. Postmodernism intends to establish that it is not in the power of human beings to change the world for their own benefits. Humans do not possess an unlimited potential to understand the world. Modernists were of the view that it is possible to understand reality with complete certainty by way of observation and reasoning. Modernism ended abruptly when philosophers began to question the ability to understand truth objectively. The postmodernist is suspicious of such realities. They do not have any concrete reason to defy such objective facts. It is only suspicion and virtue of hypocrisy that keeps them from believing in them. Some objective realities are simply inescapable. There cannot be a world in which there is no objective truth. For example, hurting kids under every circumstance is completely wrong. There cannot be any possible world in which such a practice could be considered acceptable. If this objective reality is denied and it is assumed that reality cannot be understood objectively, then it is hypocritical. I think that there are many realities which are perfectly understood by everyone. This is because truth can be described objectively which suggests that truth is completely attainable. A world where truth is not attainable would be a picture of complete chaos. This is why postmodernism is hypocritical. If there is no absolute truth as postmodernists suggest, then everyone would be free to violate moral principles/