Challenges Faced by First Year University Students

University life can be a great experience. It can be fun and educational and, on the other hand, full of hardships. First-year students at university face a lot of challenges. These challenges can be divided into groups of which three are making adjustments, security and being lost. First-year students have to make a lot of adjustments. Students face difficulty in adjusting to a completely new lifestyle. University life is totally different from living at home and going to high school. For example, many students are living alone and adjusting to being alone is difficult. Furthermore, students get a lot of freedom since they are renting or living alone. They have to adjust otherwise they will find themselves moving adrift from their studies. Too much freedom also leads to getting involved with wrong crowds. Thus, the new way of life is difficult to adjust to. The learning methods used at university is different from what it used to be at high school. Students find it difficult to fit in to this learning environment. At university, students have to attend lectures whereby a lecturer comes and discusses everything from the front. Students also have to do a lot by themselves, which they find difficult since they are used to the spoon feeding which they received at high school. Study workload is also immense therefore students have to stick to a strict timetable. Therefore, learning methods are difficult to adapt to for first-year students. Furthermore, adapting to the immense workload and influence from outside university is also difficult. Students have to study for longer hours to keep up and for their progress, and at the same time do household choirs, which is even more when the students are living away from their parents. Other external influences such as peer pressure, partying with friends and socializing also affects a first-year student’s life and studies. Thus, first-year students find it challenging to cope up with the workload. Security is one of the major needs of all individuals and even more so for a student. Parental support and guidance is one major need for all first-year students. Many students live away from their homes and parents and therefore, lack social security. Many students are renting with other students and since they are first-year students, they find it hard since hey are not used to this form of lifestyle. Moreover, without any parent or any other r elder to guide them, first-years drift away from their path into doing wrong things. Other students who live in hostels have some level of control instilled by the hostel but it is not equal to the guidance which a parent could provide. Thus, living away from parents is a major hindrance and challenge for first-year students. Financial security is another challenge for first-year students. Money is most vital when pursuing higher education and lack of it can cause the collapse of one’s future. Money is needed to buy textbooks and pay fees, which is very costly. First-year students at university tend to spend a lot of money when they first come to university since they do not understand the importance of money and they are not able to control their expenditure. Situations are improved when the student has been awarded a scholarship, since they might not have any source of income. Therefore, finance is another problem faced by first-year students. Being in a new environment, first-year students find themselves lost for a couple of days. Students face difficulty in finding their required rooms. Universities have a lot of lecture theatres and rooms in different buildings under different faculties. First-year students are unable to find their lecture rooms and are at times late for their lectures during the first few days. Tutorials and lab exercises also occur at different places and finding them using the room codes is very challenging for new students. Moreover, many new students do not know where to go for help or advice. Being new, students do not know whom to turn to for help. First-years find difficulty in signing up for labs and tutorials and have problems deciding on which session to select. Due to this, they end up missing classes due to clashes. This causes a drawback to their studies. As a conclusion, first-year students do face a lot of challenges at university regarding security, adjusting and being lost. These challenges are, and will be faced by first-year students since they are being introduced into a new system. Students must not be disheartened or give up on anything since life will become normal when they get used to the system. There is always a first time and no student will remain new for long, which also goes for the associated problems.

Paper on Intramuros

I entered through the gate along And Street and the first thing I noticed was the presence of security guards wearing nice blue uniforms with large hats. I only found out later that they were wearing Guardia Civil attire and it did add a Spanish touch, as well as added security in the district. I would see dozens of them during my trip. The first museum I visited was the Kiss Heritage Center as it was the one closest to where I entered. One officer was kind enough to direct to me to the museum and I found myself walking along And Street. It was not long before I saw a sales making TTS way through the old streets of Intramural.The streets did feel old and also most of the buildings along the road looked old and had a hint of Spanish influence. And as I was walking to the Kiss Heritage Center, I passed by the Placid del Asana, which was the first clear tribute to the Spanish influence I saw. It was painted in the unmistakable bright red and yellow colors of the Spanish flag. After my t our of the Heritage Center, my next stop was the Case Manila at the Plaza San Luis Complex. As I got closer, I noticed the concrete streets turn into cobblestone and the buildings had more of that Spanish tinge.The area around the Plaza San Luis Complex, which is situated Just across the San Austin Church and Museum, was clearly restored and maintained to recreate Intramural as it was during the colonization: a city for the privileged Spanish and messiest. The Case Manila Museum provided a closer look into lifestyle of the Messiest and the Spanish elite. They did a great re-creation of the interior of a Spanish home. I would have preferred to have a closer look at the rooms but they limited viewers to a red carpet path that goes around and throughout the museum.The display was very ell-thought out and even the tiniest of details, especially in the Cochin, were present. Some of the furniture and even some of the design looked familiar to me, and I realized I had seen similar wooden f urniture at my grandmother's ancestral home back in Zebu. The rooms were very huge, especially the salsa area, and it was very hot despite the many electric fans placed in the corners of the rooms. I can only imagine how hot it was for the Spanish residents, mores for those who came from Spain, where they had a more welcoming climate.Being sent to the Philippines could eave been the last thing any Spaniard would have wanted. However, at least they were better off than the people living outside the walls of Intramural. I exited the museum through an old, worn-down stone staircase and outside I could see a stone fountain and the Spanish-era architecture of the Complex. When I went down the hoping for memorabilia or at least replicas of any antiquities of the Spanish period. I could not help but laugh at all the odd trinkets they were selling, which had nothing to do with Spanish.Origami dragons and a Kim Possible action figure were Just a pair f things that seemed very out of place. I crossed the street over to the San Austin Church and it Just so happened that I visited in the middle of a wedding ceremony. The stone church walls were old and worn down but the interior was amazing. It is a great testament to how Spain brought about Christianity to the Philippines. The museum was huge and it would take you at least an hour to view everything on display. They showcased statues of the Holy Family, the saints, apostles and other Catholic figures.They had giant paintings of Augustine priests along the corridors and a rooms devoted to the efferent Augustine churches in the Philippines and even vestments of Catholic priests. What surprised me the most during my tour around the museum was the room they called the â€Å"Script. † It was a crypt built within the monastery that held the bodies of 141 prisoners of war and it also displayed a monument to honor those fallen dead. My last stop was Fort Santiago which was on the far end of Intramural. It was a long walk and I passed by the Shrine of Freedom, another monument dedicated to the victims of war.Then I passed by the Manila Cathedral, which was still under renovation. The great structure was more evidence of the importance of Christianity which was brought upon by the Spanish rule. When I arrived at Fort Santiago, I saw a large group of people, foreigners and even some Filipinos, gathered around a tour guide. However, I decided that I would explore the area on my own. At the entrance of the actual fortress, I got to see the bronze footsteps of Racial, the last steps he took. There was also an exhibit of Irrational furniture which displayed the tables, books, paintings and all that were related to Racial.I also got to view the dungeons where recliners were kept and where even some had died. There was also a monument that honored those who passed within the fortress. My experience during the trip to Intramural gave a pretty good picture of what life was like during the Spanish era. Although it may have been a very difficult time for our country, it played an important role in our history. I really support the whole idea of remembering and preserving at least some Spanish culture and some structures. It was easy to see that the people living within Intramural during the Spanish era were living good lives (I. . Spanish and Messiest). They were living relatively extravagant lives as compared to those outside of the walls. It also repeatedly showed the significance of Christianity back then, and we can see that persevere until today. However, we must also remember that it was a place of imprisonment and death; a burial ground for others. It gives us a pretty picture of how life was like for the average Spaniard, and a very common part of that picture is the death of thousands during those times. Even though the Spaniards built up those walls as barriers, they could not escape the reality of violence and death.

Rights of Third Parties Case Study Example | Topics and Well Written Essays - 3000 words

Rights of Third Parties - Case Study Example Contract is an agreement or set of promise between two or more persons which is binding and therefore legally enforceable. It covers transactions like buying and selling, employment of staff, partnership agreement and so on. It can also be described as: "an agreement which is legally binding on the parties to it and which broken may be enforced by action in court against the defaulting party. Existence of contract - Damages sought by claimants on the basis of fraud and breach of fiduciary duty in respect to diverted insurance premiums - Negotiations between the parties taking place after proceedings issued - Letter sent by claimant asking whether defendant accepted responsibility for the fraud - Letter signed and returned by defendant but with caveat - Whether binding agreement concluded between parties. Willis Management (Isle of Man) Ltd v Cable and Wireless plc [2005] 2 Ll L R 597 (CA/UK) A trust is an equitable obligation, binding a person (who is called a trustee) to deal with property over which he has control (which is called the trust property) either for the benefit of persons (who are called beneficiaries or cestuis que trust) of whom he may himself be one, and any one of whom may enforce the obligation, or for a charitable purpose, which may be enforced at the instance of the Attorney-General, or for some other purpose permitted by law though unenforceable. Pettit Equity and The Law of Trusts 8th ed. (1997) p 24. CONSTITUTION OF TRUSTS Constituting the Trust - act of vesting the trust property in the hands of the trustee. If inter vivos transferor will vest the property concurrent with declaration of trust, If testamentary property will vest upon testator's death in executors/administrators, - Rule - if trust not constituted, it is invalid- Problems: A declares trust in favour of B on Day 1, but doesn't transfer $$ to trustee until Day 5. - Rule - until the trustee receives the property, trust incompletely constituted invalid - Curative: On day 5, trust valid & operative b/c trustee has property - Settlor can be compelled to transfer property they promised to place in trust - where S received valuable consideration for promise to create trust RIGHT OF THE THIRD PARTY The Contracts (Rights of Third Parties) Act, which was given Royal Assent on 11th November 1999, radically changes a fundamental principle of English law, namely that only those who are parties to a contract can enforce rights under that contract - the 'privity of contract' rule. The Act applies to virtually all contracts. Therefore the construction industry must consider its impact on all its contracts - building contracts, subcontracts, consultants' appointments, collateral warranties, insurance policies, bonds, adjudication agreements etc. Right of third party to enforce contractual term: The third party must be expressly identified in the contract by name, as a member of a class or as answering a particular description but need not be in existence when the contract is entered into. This section does not confer a right on a third party to enforce a term of a contract otherwise than subject to and in accordance with any other

The Marxist theory Research Paper Example | Topics and Well Written Essays - 1000 words

The Marxist theory - Research Paper Example The Marxist theory According to Bechmann (143), the media institution must be considered to be a part of the economic system with close links to the political system. The consequence of this can be seen through the reduction of independent media sources, the concentration of the news on large markets, the avoidance of risks by media houses, and the reduction of investment in less profitable media tasks such as investigative reporting and documentary film making. There is also a neglect of the poorer sectors of the potential audience and the range of news media is often politically unbalanced. The Frankfurt School is a neo-Marxist thought which rebelled against modern society and media as creators and bearers of contemporary culture and ideology. Their criticism of mass communication media was that they hamper the road to a utopian society which is free from class and domination, and that media also stands in the way of change. Negt (61) states that by selectively presenting reality, including aspects o f culture, education, and entertainment (in which the bourgeois values enjoy priority) the media confirms and supports the dominant capitalist ideologies and thus maintains the status quo at the cost of the working class, which is represented by the masses. This school is therefore concerned about the ideological manipulation and exploitation of the mass media by capitalist considerations. The media dependency theory, which is also known as the media system dependency theory, has often been explored as an expansion of the gratification approach although here are some slight differences between the two theories, that is, media dependency looks to the viewers goal as the origin of the dependency while the gratification theory emphasizes on the needs of the audience. Both the dependency theory and the gratification theory are, however, in agreement that media use may lead to reliance and according to the media dependency theory, the more reliant a person is on the medium for having his or her requirements satisfied, the more significant the medium will be to that individual. According to Einwiller et al. (305), the individual’s reliance on a particular medium is influenced by the amount of media sources available to that individual because a person should become more reliant on a particular available media if his access to alternative media is inadequate. The more alternatives there are for a person, the less dependent will he be on only one specific medium. There are, in my opinion, more similarities than differences between the theories of Marxists and that of the media dependency concerning the media. Both are concerned about the effect of media on the society, especially more about the use of the elite within such a society of the media to further their own ends, namely, the maintenance of their status. Media is used to control the masses so that they do not rise in rebellion against the oppressive upper classes of their society. It is not used for the purpose of social progress, as is claimed by the heads of media corporations, but for the purpose of maintaining the status quo so that the lower classes can continue to render their services to the elite and in the process making the elite richer, while the working classes remain poor. By limiting the content and quality of the media that the masses can access, the elite are able to perpetuate and justify its reasons for dominating the society as well as why they oppress the working classes for their own benefit. A very good example is when one

Marketing decisions ,case study Coursework Example | Topics and Well Written Essays - 1750 words

Marketing decisions ,case study - Coursework Example However, the organization of Calyx and Corolla presented catalogues of flowers of four colors, so as to make the appropriate selection by the customers. However, by viewing the catalogues, the customers might easily order them as per their preferences and the order reaches the growers of C&C network immediately. Then, the grower picks and parcels the ordered flowers to the destination with the help of FedEx. Therefore, the customers might get the exact type of flower bouquets or fresh flowers within a very small period of time. Thus, this strategy of catalogue marketing acts as a catalyst for the organization of Calyx and Corolla that amplifies the reliability and trust of the customers. Moreover, due to improvement of the reliability, the brand value and profitability of the organization of Calyx and Corolla increased to a significant extent as compared to many other rival players such as FTD Florists. Furthermore, in order to implement the concept of catalogue marketing in an effec tive way, information technology is used within the organization of Calyx and Corolla. Therefore, due to the implementation of information technology, the range of customers increased that amplified its demand and brand image in the market among many other rival players. Besides, utilization of the strategy of catalogue marketing, the level of relationship with the customers enhanced to a significant extent that increased its portfolio and uniqueness in the market as compared to many other existing contenders. In addition, the organization of Calyx and Corolla also tried to offer varied colored fresh flowers to its customers at a quite competitive price. This strategy proved extremely effective for the organization that amplified its customer base and demand in the market as compared to many other rival players. Moreover, the organization of Calyx and Corolla used the

Double- spaced, 12-point font, Times New Roman font, one-inch margins, Term Paper

Double- spaced, 12-point font, Times New Roman font, one-inch margins, headers and footers. You are required to adhere to the 7 - Term Paper Example According to OECD Nuclear Energy Agency, U.S draws approximately 85% of its energy from fossil fuels. This is an alarming fact since global fossil fuel reserves are dwindling at a very fast rate. Consequently, this has caused an increased cost of energy thereby affecting the economic drivers. Nuclear energy comes in handy in solving this energy crisis (OECD, 2008). Low input cost Arguably, setting up a nuclear energy power plant requires a lot of capital investment. However, the overall running costs of the plant are relatively cheap. The main input cost when harnessing nuclear energy is production of nuclear rods. Once a good supply is established, a constant supply of energy is guaranteed. Unlike fossil fuel which is bulky to store and transport, nuclear materials are less bulky and can thus be prepared and stored to ensure constant supply of energy without the need of large storage. Constant and Consistent Supply Nuclear power plants can be set up in any convenient place that meet s the safety standards. This implies that U.S does not have to depend on imported fossil fuel energy, which is usually affected by global political climate. For instance, the current political crisis that has affected northern African oil producing countries such as Libya has greatly affected fuel supply to U.S (Herbst and Hopley, 2007). Having nuclear power plants in U.S would ensure constant and efficient supply of energy to the whole population. Nuclear energy offers a long-term supply of energy enough to drive the U.S economy for many years. Therefore, nuclear energy offers not only a solution to the current overdependence on fossil fuels but also offers a long-term viable energy supply. Power Output Efficiency One of the main advantages of nuclear energy is the efficiency in power output. Nuclear energy is obtained from nuclear reactions in the atom of elements such as uranium. A very small amount of uranium is enough to produce a lot of heat energy during the nuclear reaction. This energy is used to drive steam turbines, which in turn generates electricity. Energy from fossil fuels requires extraction and refining of a very large amount of fossil ore to come up with a refined usable energy product. This comparison makes nuclear energy the preferred choice when it comes to power output efficiency. Effective interchangeability Advancement in Technology has made it possible to transform electric energy to a wide variety of forms. Hybrid and electric cars are increasingly becoming a reality. This makes electric energy to be the most preferred form of energy due to its wide variety of applications. Transforming fossil fuel energy to electricity requires burning of the fuel thereby contributing to environmental pollution. This does not come by surprise since the greatest percentage of global pollution comes from burning of fossil fuels in the process of transforming it from one form to another (Holt, 2008). Nuclear energy comes in as the best alternative. Prod uction of nuclear energy does not cause environmental pollution and the electric energy produced comes in a form ready to use in an environmental friendly way. Integrating Saint Leo’s Core Values The primary objective of any leadership is to serve the community with best interest in mind. When leadership provides the U.S community with efficient, safe, affordable, and stable supply of energy, the community will develop and advance. This is concurs with Saint Leo’

Management and Spurious Correlation Research Paper

Management and Spurious Correlation - Research Paper Example The term spurious is derived from the Latin origin. It is meant to mean not true or false. Management and spurious correlations are terms that are used in the field of statistics to make assumptions about certain things and calculations. When looking at the term spurious relationship, it can duly be noted that it is commonly used in statistics and in a particular way to provide certain answers. It is specifically used in particular to help in the  experimental research  techniques which would go a long way in answering some questions. Using spurious correlation in experimenting in research techniques help in the understanding and prediction of other relationships, namely direct causal relationship. An example of a direct causal relationship can be (X > Y). There is also a relationship called a non-causal correlation. A non-causal correlation may and can be created spuriously by a factor that is called an antecedent. An antecedent, for example, causes both the relationship as show n; (W > X and W > Y). Certain variables, known as intervening variables if undetected may make the indirect causations seem to look direct (Wooldridge, 2009).  An example of an intervening variable can be seen in the form of (X > W > Y). Because of the effect of indirect causations being made to look direct, correlations that have been identified through experiment are not seen to represent  relationships otherwise known as casual. This is  unless spurious relationships can be ruled out. Only then can it happen. The purpose of this essay is to bring to light the importance of management and spurious correlations as used in statistics. As the name suggests, the essence of this essay is to bring out the importance of identifying correlations before they become misleading. This topic is important because many people tend to confuse the relationship between variables and by the end of this essay, it will be clear on the methods. In order to become a statistician or a social scient ist, it is paramount that one understands that correlation be shown by being proven statistically. The purpose of this paper is to illustrate the widespread occurrence of spurious correlation (Kleinbaum & Kleinbaum, 2008).   In order to test and prove whether a correlation between two variables or constants is genuine or spurious, there are some additional variables and equations that have to be introduced in order to widen the parameters of getting legit results. There have to be sufficient assumptions being made and they must be made in order to help with the proper identification. This proper identification is of the parameters of a wider system and will help in the obtaining of results. It the results are found that the two variables, which were original, are causally related in a wider system, then the conclusion of the correlation is that it is genuine. The difference between a true and spurious correlation is that a true correlation exists and does not have to be proven whi le a spurious one needs to undergo experiments in order to be proven to be wrong. Statistical research has been affected by the identification problem, where many statisticians have been unable to conclude on where the problem is. An example of spurious corr

Kierkegaard and Dewey Essay Example | Topics and Well Written Essays - 1500 words - 1

Kierkegaard and Dewey - Essay Example Dewey then gives an example of religion; how religion can have a lasting and deep impact on the course of a nations history. Religion or a certain set of ideas can control peoples feelings and beliefs, and that is not any less of a control than that of political oppression. Culture is also determines what elements of human nature dominate it, which have resulted in the belief that one aspect of human nature is the determining factor of human society. This is confusing the effect with the cause, as it is a societys culture that determines which aspect of human nature dominates according to Deweys argument. So the basic idea of Deweys first chapter is that if political freedom is to be maintained it is through culture and not through the individuals, as they are themselves motivated and to a degree "controlled" by culture. The exaggeration of one aspect of human nature as the sole motive behind human behavior is itself culture driven; this is well supported by historical facts. For every age gives rise to a motive of behavior that accords with its cultural needs. And the example Dewey gives is England during the industrial revolution; as the economic situation was intense it gave rise to the belief in a sole human motivator that is in harmony with this economical situation. 2- In chapter 2, Dewey discusses the differences that lie within the same society, how they might affect society and how they are not an objection to his theory of cultural domination over human behavior within society. In this chapter he concludes that: "No estimate of the effects of culture upon the elements that now make up freedom begins to be adequate that does not take into account the moral and religious splits that are found in our very make-up as persons. The problem of creation of genuine democracy cannot be successfully dealt with in theory or in practice save as we create intellectual and moral integration out of present disordered conditions." This perhaps sums up

Fresh water of the Continents Essay Example | Topics and Well Written Essays - 750 words

Fresh water of the Continents - Essay Example The rest of water of Earth constitutes the Earth’s fresh water resource (Strahler & Zeeya ch. 11). Typically, fresh water is described as water with a salinity of less than 1% that of oceans. Water with salinity within this level is typically denoted as marginal water because it is a fringe for many uses by living things. The ratio of fresh water to salt water on Earth is approximately 1 to 40. As said, only a small portion of Earth water exists as fresh water (about 2.5%), and even a lesser fraction is available to mankind. Of this percentage, almost three quarters is frozen, and most of the rest is available as soil moisture or located deep in the surface. In the present world, the major sources of fresh water that is accessible to mankind reside in shallow groundwater aquifers, lakes, wetlands, and rivers, all of which constitute to a small fraction of (equivalent to tenths of 1%) of the total volume of Earth’s water. This volume of water is regularly recycled throug h rainfall and snowfall, thus available on a sustainable basis (Strahler & Zeeya ch. 11). However, global averages fail to demonstrate a complete image of the world’s water base. ... Some zone of the world portrays the wide range of sustainable water resources, which varies from significantly zero in many arid and semi-arid regions to thousands of cubic kilometers per annual as chief river corridor flow. Such zonal dissimilarities in the quantity of available fresh water postulate the diverse patterns of water resources across the world (Strahler & Zeeya ch. 11). Fresh water supply is habituated by several additional impacts, which intensify the patterns of abundance and scarcity. These impacts involve the distribution of mankind relative to the supply of water, availability of water engineering to stabilize flows, patterns of demand, water quality, and interannual climate variations and seasonal. These factors are discussed in detail in the following paragraphs. Water scarcity is the foremost factor to be considered when establishing the availability of fresh water on the earth. The research has far shown a growing dependence of mankind society on available fres hwater resources. To assess these provisioning services more deeply, the supply of recycled water must be put into context of interactions with individuals and their use of water (Strahler & Zeeya ch. 11). Approximately one-third of the planet population resides in nations suffering from moderate to high water stress. In such countries, water consumption is more than ten 10% of recyclable water resources. There are three main factors causing increasing water demand, which involves industrial development, population growth, and agricultural. Agriculture has accounted for most fresh water extractions in developing economies in the past two decades. Researchers have often assumed that growing demand of

Upward Mobility Essay Example | Topics and Well Written Essays - 250 words

Upward Mobility - Essay Example I am educated enough to do two jobs at a time. If I leave either of them, I would not be able to party and shop as much as I do now. This will affect my relationship with friends as I would not get to see them quite often. My friends have always been great source of financial and emotional support for me. I have based my analysis of the social class I belong to on the basis of my perceptions that have fundamentally been shaped by the media. People who work hard and party at the end of the day and have all the necessities of life are placed in the upper middle class society by the media. Media has played a very important role in shaping our class perceptions. â€Å"While textual studies focus on in-depth analysis of particular shows, other researchers have compiled demographic portraits across all television drama programming at a given point in time† (Butsch, 2011). Media influences and encourages the audience to move upwards in their respective social classes by possessing mo re

Four Basic Funtions of Management in Business Management Essay Example for Free

Four Basic Funtions of Management in Business Management Essay Every organization, regardless of size, has developed and implemented its own management concepts in order for it to run smoothly and accomplish the vision, goal, and objective, the company has set forth. The basic functions of management can be broken down into four different areas, allowing the organization to handle the strategic, tactical, and operational decisions (Sanjau, 2007). The four functions of management are essential to building strong teams and stronger organization. Common to all managers, the four functions are planning, organizing, leading, and controlling (Pakhare, 2007). A good manager is able to accomplish all four functions both effectively and efficiently (Bateman Snell, 2009). At Triumph, planning is the foundation in which all management decisions regarding the company will be based upon. The management teams will utilize the planning function to assess the status of the company today, as well as in the upcoming future. Once the management team has an agreed upon plan, and the company’s mission has been established, the team must determine how the desired results will be achieved. The next objective is to establish a goal and the strategies to achieve the goals set forth. After setting the goal the next step the management team will accomplish is to create a time line to complete the objective. The organizing function for the team at Triumph is to formulate the activities, which will include the accounting department, sales department and supply chain involved in helping reach the goal that has been set forth. Once all the different departments are set, it is up to the management team to departmentalize the process and create smaller groups to achieve the goals and objectives. Once the departments create their own teams a clear organizational structure is drawn and all employees are made aware of whom they are accountable too to help reach the goal of the company. Once the departmental teams are in place, the management team can help direct, communicate, motivate and assist the staff in meeting the company’s goals and objectives. At Triumph the management team will have open discussion with departmental teams to create and build positive working environment. In this process the employees feel as though they are part of the decision making and will ultimately help the company reach the desired goals and objectives. The final stage of the four functions of management is to control or establish the performance standard of the company’s objective (Bateman Snell, 2009). In this stage management keeps a close watch to make sure that all teams are on track to complete the goals and objectives that have been set forth and within the timeline. If at this point, it appears that one of the team’s seems to be off track then management will step in and help guide or make any necessary changes. The managers at Triumph know that ignoring any of the four functions can result in the failure of the company. Without using the planning stage first to make sure that all objectives are met and then organizing the plan and leading or motivating the team will result in not obtaining the objective or goal of the company. Managers at Triumph know that the final stage of creating an effective and productive team, one must control the budget, departments and cost efficiency of the work implemented to achieve the objectives. According to Barnes (2008), â€Å"if one can master the four management functions of planning, organizing, leading, and coordinating of resources, their opportunities are endless†

The positive function and negative function of the social policy in Hong Kong society Essay Example for Free

The positive function and negative function of the social policy in Hong Kong society Essay Introduction Recently, starting from May 1, 2013, Hong Kong had issued an increase of the Statutory Minimum Wage (SMW) from $28 to $30. Setting SMW at an appropriate level is vital to striking the balance between the objectives of forestalling excessively low wages and minimising the loss of low-paid jobs, while sustaining Hong Kong’s economic growth and competitiveness (2012 report of the minimum wage commission, 2012). To fulfil this aim, the government have decided to increase the minimum wage rate in order for the people receiving the low-paid jobs to have a more fair salary. This paper will first discuss about the stakeholders that will be affected by the increase of the wage rates namely the workers earning the SMW rates, the employees earning above the minimum wage, the firms, the government and the society as a whole. All of the effects of this social policy, both positive and negative that will be implied to these stakeholders will be discussed. Then, the effects of this social policy will be compared with R. Titmuss’ teachings in the objectives of a social policy. Finally, an evaluative comment of what the government should have done to maximise the benefits of this policy and minimising its drawbacks will be given as a conclusion. Effects on Stakeholders Workers The first stakeholder that will be most affected by this social policy is the workers living by the SMW rate. These workers are usually blue-collared workers whose jobs require minimum requirements and manual labor. The minimum wage is used to provide a wage floor for them not to be exploited by the firms, but these workers are usually still the lowest paid amongst the society. They are referred to as the working poor in which the workers are still living below the poverty line of Hong Kong even when they already have a job. As shown by Lam (2013) At the article which has been released by the Commission of Poverty, Hong Kong had just implemented the poverty line in which a one-person household is living at below HK$3,600, two-person  households living below HK$7,700, and four-person households living below HK$14,300 monthly. In Hong Kong, around 19.6 percent of the population were living with less than the poverty line at the year 2012. By the increase of the minimum wage by roughly 7%, the government wanted to tackle the problem of the working poor especially with the rising costs due to inflation and rapid increase in the price of land. According to the Trading Economics (2013), from the year 1981-2013, Hong Kong’s inflation rate have averaged at 4.6 percent while the Global Property Guide (2013) showed that the price of properties in Hong Kong had skyrocketed by 73% over the past 3 years. These rising costs had brought problems to the workers living in the SMW as they usually do not experience an increase in their salaries if the government does not intervene. Their living standards will constantly fall every year and in order to prevent that from happening, the Hong Kong government implemented the increase in the SMW at May 1, 2013. The first time Hong Kong had provided the Statutory Minimum Wage of $28 is at 2011. According to Oxfam’s report on April 17, 2012, â€Å"59.5 per cent reported no improvement with the introduction of the Ordinance†. Oxfam (2012) explained that even when 70 per cent of the low income workers experienced increased wage rates, the employers reduced the remuneration packages, paid rest days, and working hours. Overall, it leads to similar income when the Ordinance have not been introduced which does not lead to any increase in the standard of living of the working poor. This might reoccur with the increase of the SMW, as the employers would want to cut back on the costs. The increase of the minimum wage in Hong Kong might not lead to an increase in the total income of the workers, but might only lead to a shorter working hours or even a decrease in their total income. Firms Another stakeholder that would be affected by the increase of the minimum wages are the firms, especially the small to medium sized ones. Because most of their staffs are earning minimum wage, the firms will either need to either reduce the working hours of their employees or face an increase in the labour cost. If the businesses were to reduce the employees or the  working hours, the quality of the products or services provided will most likely degrade over time due to the lack of labour. On the other hand, maintaining the same amount of labour and working hours will lead to an increased cost. In order for the firms to maintain their profitability, the prices of the product or services will most likely be increased. This will lead to the reduction of the competitiveness of small and medium firms compared to the large firms. Because large firms can most likely afford the increase of the minimum wage, they might not need to push the prices up to keep their demands. This can be disadvantageous to Hong Kong as a whole if it leads to the closure of the small and medium firms which leaves huge industries as monopolies in the industry. Card (1995) mentioned that the minimum wage has a â€Å"ripple effect† in many firms, leading to pay increases for workers initially earning slightly more than the new minimum wage. Because of this, the effects previously mentioned will be amplified even to firms which pay slightly above the new SMW even before the increase. Government In the government’s perspective, the increase of the minimum wage policy can help reduce the government expenditure in a country. According to the Social Welfare Department, Hong Kong has a scheme called the Comprehensive Social Security Assistance Scheme to help those who does not have sufficient income to cover their expenses (Comprehensive social security, 2013). For example, an able-bodied adult aged under 60 will receive HK$2,070 if he does not have a family. When the government increased the SMW, the income of the working people will increase and the amount of people that would need the government subsidies to cover their living expenses can decrease. This way, the government can spend more expenditures on other aspects such as better education or housing for the poor. Society This new legislation will also bring several impacts on the Hong Kong society as a whole. Firstly, it has been mentioned that the increase of the minimum wage rate of Hong Kong will lead to the increased cost of firms and ultimately the consumers. Since most of the goods that can be found locally  is manufactured by workers working in a minimum wage, the increase of the SMW will most likely inflate most of the price for most goods. The general increase in the prices level will lead to inflation which brings negative impacts to the lower class part of Hong Kong. According to the Census and Statistics Department of Hong Kong, the inflation rate of Hong Kong was recorded at 4.30 percent in October of 2013 compared to October of 2012 (Monthly report on, 2013). The increase of the Statutory Minimum Wage is a mere 7.14% since it was first released at May 1, 2011 while the inflationary pressures are roughly 4% annually. This shows that the increase of the minimum wage rate is insufficient to cope with the inflationary pressures that the workers are experiencing in the society. On the other hand, the increase of the minimum wage rate had reduced the income inequality even by a very small amount. The Hong Kong government’s economic report at the year 2012 had shown that Hong Kong has a Gini coefficient of 0.537 in the year 2011 for the original household income (Half-yearly economic report 2012, 2012). This is quite a high figure as the Central Intelligence Agency (CIA)’s world factbook states that Hong Kong is ranked at the 11th place for the countries with the highest Gini coefficient. Singapore on the other hand, had a much lower Gini coefficient of 0.478 in the year 2012 and is ranked 26th in the world (The world factbook, ). These figures shows that Hong Kong is one of the worst countries in terms of income equality whereas the income of the rich greatly outweigh the poor. By increasing the Statutory Minimum Wage rate, the citizens with low incomes will be affected as their income will increase while the citizens with high income are barel y affected by this legislations. This will then reduce the wealth gap even just by a very small amount and Hong Kong’s Gini coefficient might drop by a slight amount in the future. Fajnzylber, Lederman, and Loayza (2002) had concluded in their paper that the increase in income inequality has a significant and robust effect of raising crime rates. According to the paper, when income inequality is high, the differences between the potential gains that could be acquired from doing a crime compared with the opportunity cost of it is high. This will  lead to an increase in the crime rates in a particular country where the Gini coefficient is high. By reducing the wealth gap, the government is also helping the society in minimising crime rates as the people in Hong Kong will be less desperate for them into being a criminal. Normally, people resolved into committing crimes when they cannot fulfil their basic needs, therefore the increase of the SMW of Hong Kong will make it more likely for the low income group of people to survive which will ultimately lead to the reduction of crimes. Objectives of a Social Policy According to R. Titmuss (1974), the objective of social policy is to meet social needs and promote social integration and discourage alienation. Because the increase of the Statutory Minimum Wage is a form of social policy, it should fulfil the three criteria mentioned by R. Titmuss. This part of the paper will talk about how well the increase in the minimum wage meet the social needs, promoting social integration, and discourage alienation in the Hong Kong society. Meeting the Social Needs The social needs of a society are the basic fundamentals that the citizens living in Hong Kong needs. One of the ways to dissect these needs is using Maslow’s hierarchy of needs. At the bottom of the triangle and the very basic fundamental human needs are the physiological needs which includes basic necessities to live such as food, shelter, and air. The social policy released by the government at May 1, 2013 regarding the new Statutory Minimum Wage does affect the physiological welfare of the minimum wage workers at some aspects. By increasing the SMW, the income of a substantial amount of the workers were expected to rise. This will allow them to be able to afford more of the basic products to survive such as food, water, etc. Due to the increase in their incomes and thus their disposable income, the spending powers of these parts of the society will increase and they should have a better standard of living. However, the paper had mentioned before that inflationary pressures can reduce and dilute the effects of the minimum wage increase. The increase in  the labour costs, which is one of the factors of production, can lead to a cost push inflation in which the rising costs are passed on to the consumers. Even though the workers earning the SMW might feel richer, the general price increase may lead to a small or no improvement in the living standards. According to Trading Economics (2013), Hong Kong’s Consumer Price Index (CPI) is reaching its all time high of 116.8 Index Points in September of 2013. This might even lead to a decrease in the living standard of the working poor as most goods and services are becoming more expensive. Another aspect that is related to the physiological needs of the society is shelter, or the rent of the apartments in the case of Hong Kong. According to Global Property Guide (2013), the property prices of land of Hong Kong had surged 73% which leads to really high rent rates which takes up a huge part of a person’s salary. The introduction of the increase in the minimum wage social policy does nothing to tackle this problem, meaning that the working poor would still need to spend a substantial amount of their salary just to pay for the rent. Even though the Hong Kong Housing Authority is currently attending to this particular need, it is insufficient to fulfil everyone’s physiological need of a decent shelter. The second level of Maslow’s hierarchy of needs is the safety needs of every individuals. Every working men would want a job that is both secure and consistent. They would not want a job that does not ensure a regular income to cover their expenses. When the minimum wage rate is increased, the firms will try to cut their costs sometimes by making the workers redundant or reducing their working hours. Both of the actions mentioned will lead to an insecure feeling by the workers as they might lose their jobs or have a decreased income. Therefore, the social policy for this case does not improve the social needs of the society, and even bring a sense of insecurity and anxiety. The other 3 aspects of the Maslow’s hierarchy of needs which are the love/belonging, esteem, and self-actualisation, does not apply for this social policy as they are more related with employees with higher income and mostly the white collar workers. Promoting Social Integration and Discourage Alienation Lastly, R. Titmuss (1974) mentioned about promoting social integration and discourage alienation. Social integration is a dynamic and principled process where all members participate in dialogue to achieve and maintain peaceful social relations (United Nations Department of Economic and Social Affairs). This focused on both equal rights and secure social welfare. Even though the increase of the SMW of Hong Kong does not have anything to do with equal rights, it can promote a better social welfare in the society. As mentioned, there is a direct correlation between higher income and lower crime rates. Therefore, if the increase in the minimum wage does increase the total income of each or most individuals working at minimum wage rate, there is a high possibility that Hong Kong can promote more social integration. When social integration occurs, alienation are automatically reduced. When the wealth gap are reduced, communities can be more easily formed as the social classes will be more integrated towards each other. Conclusion and Evaluation As shown in the paper, the increase of the Statutory Minimum Wage in Hong Kong have led to both positive and negative functions in the society. Even though the aims and objectives of this social policy is favourable and positive, there are many factors which can turn them into negative results. One of the biggest factor is the difference between the inflation level compared with the increase in the wage rates. Right now, Hong Kong have a high CPI of 116.8 which can greatly reduce the effects of the improved minimum wage rates. I believe that the increase of the Statutory Minimum Wage from HK$28 to HK$30 is insufficient and should be further increased to at least HK$32 to counteract the inflation rates. On the other hand, the Hong Kong government should take actions to control the inflationary pressures which will be created from this increased labour costs. Fiscal policies such as the use of a higher progressive direct tax for the citizens with high income can be used to both control inflation and increase the government revenue for other uses. Moreover, the government should also try to tackle other social problems that are currently a big issue in Hong Kong like the housing problem. This situation is as critical as the increased amount of the working poor and the huge wealth inequality  and should be countered immediately. In order for a social policy to be beneficial to the society, R. Titmuss (1974) believed that it should cover all the three aspects, namely the social needs, social integration, and discourage alienation. Therefore, the government should take account of these features and redesign the Statutory Minimum Wage, increasing it to a more substantial amount. References: Minimum Wage Commission, (2012). 2012 report of the minimum wage commission. Retrieved from website: http://www.mwc.org.hk/en/downloadable_materials/2012MWCReport-Eng.pdf Hu , F., Yun , M. (2013, September 30). Hong kong poverty line shows wealth gap with one in five poor. Retrieved from http://www.bloomberg.com/news/2013-09-29/hong-kong-poverty-line-shows-wealth-gap-with-one-in-five-poor.html Lam, C. (2013, September 30). Hong kongs first official poverty line purpose and value. Retrieved from http://www.povertyrelief.gov.hk/eng/pdf/20130930_article.pdf (2013, December 10). Retrieved from http://www.tradingeconomics.com/hong-kong/inflation-cpi Residential prices surging in hong kong!. (2013, February 15). Retrieved from http://www.globalpropertyguide.com/Asia/Hong-Kong/Price-History Oxfam. (2012, April 17). Poverty in the hong kong workforce, despite the minimum wage oxfam survey reveals 70% of low income workers and their families have more income, but almost half live in deprivation. Retrieved from http://www.oxfam.org.hk/en/news_1818.aspx Chasanov, A. (2004, May 11). No longer getting by—an increase in the minimum wage is long overdue. Retrieved from http://www.epi.org/publication/briefingpapers_bp151/ Social Welfare Department, (2013). Comprehensive social security assistance scheme. Retrieved from website: http://www.swd.gov.hk/en/index/site_pubsvc/page_socsecu/sub_socialsecurity/ Census and Statistics Department, (2013). Monthly report on the consumer price index. Retrieved from website: http://www.statistics.gov.hk/pub/B10600012013MM10B0100.pdf Central Intelligence Agency, (n.d.). The world factbook. Retrieved from website: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2172rank.html Hong Kong Economy Government, (2012). Half-yearly economic report 2012. Retrieved from website: http://www.hkeconomy.gov.hk/en/pdf/box-12q2-5-2.pdf Hong Kong Housing Authority, (2013). Annual report 2012/13. Retrieved from website: http://www.housingauthority.gov.hk/en/about-us/publications-and-statistics/index.html UN Department of Economic and Social Affairs, Division for Social Policy and Development. (n.d.). Working definition of social integration. Retrieved from website: http://www.un.org/esa/socdev/sib/peacedialogue/soc_integration.htm Card, D. E. (1995). Myth and measurement: The new economics of the minimum wage. Princeton University Press. Fajnzlber, P., Lederman, D., Loayza, N. (2002). Inequality and violent crime. JL Econ., 45, 1. Titmuss, R. M., Abel-Smith, B., Titmuss, K. (1974). Social policy (pp.

The Role of Inflation and Change in Consumer Buying Power

The Role of Inflation and Change in Consumer Buying Power 1. INTRODUCTION 1.1 INTRODUCTION Our cram will be paying attention at the diverse aspects of inflation in Pakistan from a local and large-scale point of view. Pakistan has undergone a most important economic growth all the way through previous few years. But the core evils of the economy are at rest unsettled; Inflation remains the most important of all these evils. In the case of an Asian country, Pakistan inflation is the end result of monetary phenomena. The excess money supply increase in Pakistan has in essence improved inflation. Inflation is a get higher in the general level of prices of goods and services in an economy over a period of time. When the general price level grows; each unit of currency buys less goods or services. Inflation doesnt on its own pressure the macroeconomic indicators; it influences the living standards of the nation. As the percentage of inflation enhance, the cost of all commodities also enhance. It can also be described as a turn down in the real value of money—a thrashing o f purchasing power. The level of inflation in Pakistan has been bit by bit getting higher since partition. The high levels of inflation imitate an unstable economy in which money does not hold its value for long. Workers have need of higher remuneration to cover up getting higher costs, and are disinclined to save. Manufacturer in turn may move up their selling prices to cover up these increases, scale back production to check their costs (resulting in lay-offs), or be unsuccessful to invest in future production. Many such problems have been, and still are, being faced by Pakistan. The issues leading to high levels of inflation include deficit financing, foreign remittances, foreign economic support, increase in wages, population explosion, black money, prices of imported goods, devaluation of rupee, etc. 1.2 Purpose of Study: The main purpose of this study is to be familiar with and learn about global real meaning of role of inflation and its impact on Pakistan economy and more paying attention towards inflation affect on different sector. In this study, we studied about the factors causing inflation. It will be of great help out to students of economics and business studies. The study provides as much as necessary learning opportunities that one for all time looks for and such opportunities turn very healthy in terms with understanding the subject which is under study. 1.3 Research Objectives Present the set-up of inflation in Pakistan. Underline the figures of recent years. Impact of inflation on our society. Cram the procedures that have been taken by government to supervise inflation. Evaluate policies of the State Bank of Pakistan and the tools it is using to supervise inflation. Give recommendations to control inflation. 1.4 Research Methodology: In this research, we contain data from primary and secondary sources. Data used in this study are obtained from KSE 100, State bank of Pakistan, federal bureau of statistic; stock price index etc†¦The information required for our research consists of details about recent and past policies of State Bank of Pakistan. Research instruments for this study included, interviews from economists, columnists and other relevant people. The sources of information or data on the Inflation collected all the way through variety of ways in different setting. It also contains very well points about other variables affecting inflation. For this, we aim to gather secondary data, all the way through websites, economic surveys and the journals. However, if required, we can also make use of primary data in the forms of interviews and surveys. Analysis of data would be done by with awareness studying the collected data. A to the point explanation of the format of the results will be presented in the f ollowing forms, e.g. Pie charts Line graphs Tables Study Period/Division of Time for Project The possible limitations in our research would be; Time constraint Knowledge constraint Data constraint CHAPTER # 2 LITERATURE REVIEW 2.1 LITERATURE REVIEW Inflation means get higher of general level of price of goods and services in the economy over the period of time. Inflation occurs when the demand of goods will be getting higher as compare to the supply of that good. If the supply is not equilibrium (or less) to the demand of goods and services so the prices will be high. Inflation will also occur when the cost of production will rice or increase price on raw material so the manufacturer increase the finished good prices. Inflation impact negative effect on economy for the reason that it decrease the real value of money. Consumer buying power means how the people spend money on goods and services or purchase the product on a specific availability of money or wages. There are two factors that affect the consumer buying power. (1).Every person wants to spend money for his basic needs or for his luxuries and entertainment for example: (food, house, car, clothing, entertainment etc.). But the buying power will change every year for the reason that of inflation. It will be happened for the reason that of the product price will increase every year or you can say that decrease the value of money. (2).Consumer buying power will also be change for the reason that of monthly wages. If monthly wages is increase or the product or commodities price is same then consumer go for in addition activity but if the wages is not increase only increase the product or commodities price so the effect is occur on consumer buying power. They are only going for basic needs not for the luxuries etc. ALEEM, KALIM (2007) Inflation is get higher in Pakistan for the reason that of mismanagement and loose control on monetary policy and fiscal policy. In monetary policy state bank will issue the supply of money or if supply of money is not manage by state bank efficiently so its affect on inflation or in fiscal policy government apply the taxes on private sector. In 2005-06 inflation will be get higher and fall for the reason that of loose monetary policy. Now in Pakistan recent government apply expansionary policy. In this policy government will increase the interest rate to control the inflation or consumer buying power. Getting higher oil prices in the market will also increase the price on food items or commodities. Inflation in Pakistan wills also occur for the reason that of sharp increase in net import. The gab between in domestic demand and domestic production is filled import items. Comparison between import and export in Pakistan there is no balance of trade or balance of payment. Getting higher trade deficit can be a cause of expectation of high inflation. ABDUL (2007)this author tells us that monetary policy are playing very important role for increasing inflation or how to control inflation. Monetary policy successfully controls inflation when it successfully controls money supply in the market. Monetary policy calculates the money supply with the help of M2 (cash and checking account deposit + saving deposit and money market accounts). But state bank of Pakistan is failed to have power over money supply last few years that why inflation is get higher in Pakistan. But now in Pakistan state bank will increase the interest rate to have power over the inflation in Pakistan. Increasing the amount in interest rate will affect demand for credit to the business sector and also affect the money market rate. Increasing the amount in interest rate also affect the demand on commodities. FAROOQ (2008)this author tells us that political instability is effect the inflation. Monetary policy will be effect for the reason that of political instability. If the political sector is stable in Pakistan so inflation will may be have power over for the reason that state bank will do supply of money in the market by the manage way. Political instability is a negative effect for the economy for the reason that of variable GDP growth, private investment and inflation. Political stability is very important for the economic development of a country. Political stability discourages speculation and hoarding and encourages investment. If there is an unexpected twist in the political situation of a country become entrepreneurs reluctant to invest. Just as foreign investors do not invest, at the same time as industrialists and businessmen feel uncertain and can not make good plans. Due to the scarcity of goods and services are produced and cause inflation MOHSIN (2006) After forecast that is why inflation is go up in Pakistan we check up that for the reason that of variable monetary policy means variable money supply in the market or given high credit to private sector not only this also charge the variable interest rates. Every time state bank (central bank) was not made a good monetary policy as well as they didnt manage the supply of money in the market. When ever the state bank drop off the interest rate so private sector will borrow the loan from the bank or in this case private sector credit will be increase or supply of money will also increase in cooperation growths are good leading indicators of inflation. Inflation will be control by using these four ways which are under below. Get higher in the interest rates is a very useful tool for restricting monetary inflation. Increase in the real rates of interest decreases the demand for loans, thereby limiting the growth of broad money. There may also be a fall in the commercial investments, due to a get higher in the costs of borrowing money. This exerts a direct influence on a handful of planned investment-related projects, which turn out to be unprofitable. This leads to a fall in the collective demand. An increase in the payment of mortgage interests automatically decreases the real effective disposable income of the house owners, as well as their spending capacities. Escalation in the mortgage costs also decreases the demand generated in the housing markets. ABDUL QAYYUM (2006) this author tells us the relation between excess money supply growth and inflation. Excess money supply will be happened for the reason that of loose monetary policy which is making by the government or state bank of Pakistan. Money supply growth will effect on the inflation. First supply growth will affect on gross domestic product (GDP). It will happened for the reason that when the consumer buying power will increase so demand will also increase or if supply is less than with demand so prices of commodities will be get higher and fall. So government or state bank makes the affective monetary policy then the inflation will be under have power over. Growth of population is also increase the inflation in the country for the reason that of increase in demand of goods and services or if demand of goods is greater than the supply as a result the prices will be increase in the GDP commodities. Due to the imbalance between supply and demand of goods and services, prices start to get higher and triggering inflation. JIAN ZHANGThe consumer buying power will depends upon the prices of goods and services. If the prices of goods and services are not high so consumer purchasing power will increase. Buying power will also depend on supply of money means (monetary policy). If supply of money in the country is high so consumer buying power will also increase. Buying power will also depends on wages. If the consumer wages is not increase only increase the price on commodities so buying power will be get higher and fall or decrease. If the wages is increase or commodities price is not increase so the buying power will be increase. Recently china will increase consumer buying power for the reason that of giving goods or services in very low prices. CHAPTER # 3 INFLATION 3.1 Introduction 3.2 Types of Inflation 3.3Inflation in Pakistan 3.4Impact of Inflation in Pakistan 3. INFLATION 3.1 Introduction Inflation is a get higher in the general level of prices of goods and services in an economy over a period of time. When the general price level get higher; each unit of currency acquires less goods or services. as a result; inflation also reflects abrasion in the purchasing power of money. An increase in the supply of money relative to the availability of goods and services, resulting in higher prices and decrease in the purchasing power. There are many definitions of inflation. By inflation most people be aware of a sustained and substantial get higher in prices. For example: W.A.L COULBORN words: â€Å"too much money chasing too few goods†. Prof SAMUELSON, â€Å"Inflation occurs when the general level of prices and costs is getting higher†. According to ROWAN, â€Å"inflation is the course of action of price increase† HARRY G JOHNSON, â€Å"We define inflation as substantial increase in prices†. According to CROWTHER, â€Å"inflation as a state in which the value of money is falling†. According to MEYER, â€Å"An increase in the price that occurs after full employment has been attained†. According to KEYNES, â€Å"The get higher in general price level after full employment had been achieved is called inflation†. 3.2 Types of Inflation Following are the types of inflation: Creeping inflation. Walking inflation or Mild inflation. Running inflation. Galloping or Hyper inflation. Demands pull inflation. Costs push inflation. Mixed inflation or Wage spiral inflation. Open inflation. Suppresses inflation. Profit induced inflation. Budgetary inflation or Deficit inflation. Monetary inflation. Income inflation. Production inflation. Devolution inflation. Imported inflation. Ceiling inflation. 3.2.1 Creeping InflationIt is a situation where the increase in the price level is very slow. In creeping inflation the get higher in price level is up to 2 % p.a. 3.2.2 Walking Inflation or Mild InflationWhen the rate of inflation is reasonable, not too high not too low. The get higher in price level is about 5 % p.a. This type of inflation has healthy effect on economy. 3.2.3 Running InflationIn this type of inflation, the general price level increase more sharply than the previous type. The get higher in price is about 8 to 10% p.a. 3.2.4 Galloping or Hyper Inflation When prices are getting higher at abnormal high rate, it is called hyper inflation. This type of inflation was experienced in Germany after Second World War. The price level increase many hundreds time and the purchasing power of people fell to very low level. This type of inflation is very dangerous. 3.2.5 Demand Pull InflationWhen inflation is due to excess of demand over aggregate supply, it is called demand pull inflation. Excess of aggregate demand pulls the price upwards. Aggregate demand exceeds aggregate supply due to following reasons: Population explosion. Increase in exports. Structural backwardness. Increase in supply of money. Increase in income of people. Mass migration. Wars. 3.2.6 Cost Push InflationIt means a condition where prices are growing due to move up in the cost of production even if there is no increase in aggregate demand. Increase in costs pushes the price in the air. Cost push inflation occurs due to following reasons: Increase in wages. Increase the price of raw material. New taxes. Devaluation. Increase in energy prices. 3.2.7 Mixed Inflation or Wage Spiral InflationIt is the mixtures of demand pull and cost inflation. Originally prices get higher due to excessive increase in aggregate demand. Increase in raises the cost of living of the workers. In order to pay compensation high cost of living, worker demand for high wage rates. Demands for high wage rate are accepted during the period of getting higher prices. Increase in wages will move up the cost of production. For that reason increase in wages will push the price upward. Combined effect of wages and prices creates hyper inflation. 3.2.8 Open InflationIt is a situation when the inflation gets out of control and cannot be controlled by government price control policy is called open inflation. 3.2.9 Suppressed InflationIt is the situation when the inflation can be controlled by the government price control policy. 3.2.10 Profit Induced InflationWhen businessmen tend to increase their profit and increase the price of their commodities then their will be profit induced inflation. It is usually occurs in such economy which are dominated by monopolies. Monopolist is in the position to increase the price of his product at his will. 3.2.11 Budgetary Inflation or Deficit InflationWhen the revenue of the government is less than its expenditures, it is said to run budgetary deficit. To overcome this deficit govt. makes borrowing from internal and external source to increase the supply of money. Higher supply induced more consumption causing price level to high. 3.2.12 Monetary InflationWhen there is an spreading out in the currency notes in circulation then there will be monetary inflation. 3.2.13 IncomeInflationThe inflation which occurs from high income level is called income inflation. In consumption oriented society where propensity to consume is higher than propensity to save such higher income will bring on people to use up lavishly on consumer goods. 3.2.14 Production InflationThis inflation aget highers due to be short of of capital projects. If the course of action of industry is slow as compared to rare of growth of population, then soon the economy would be not capable to meet up all the needs of its members. Shortage of goods creates higher demand which forces the price to up. 3.2.15 Devaluation InflationDevaluation makes our currency not expensive in terms of foreign currency. It also makes all those goods cheap whose prices are in rupees. Further the exports of the country increases. Such increase in exports increases the profit and income of local exporters. It leads to inflation. 3.2.16 Imported InflationIt means the inflation that aget highers due to increase in the price of demand goods. Suppliers in foreign countries may increase the prices of their products. This will affect the domestic consumers and producers. They will be compelled to increase the price of goods. It will create inflation. 3.2.17 Ceiling Inflation that occurs due to a variety of ceiling prices of government. Ceiling prices are set by the government to maintain prices of essential goods. Price is seized below the equilibrium to maintain prices of essential goods. Prices are seized lower than the equilibrium price level of free market. However, the price ceiling from time to time invites black marketing. It may cause inflation. 3.3 INFLATON IN PAKISTAN Inflation during 2005-06 Inflation picked up to an average of 8.6% per annum for the duration of the last two years (2004-05 and 2005-06) for a variety of reasons. First and foremost was the extraordinary increase in international price of oil which more than doubled for the duration of the last years; reaching an all time high of $78/bbl. The increase in international oil prices, as a result contributed to the pick up in inflation during the last years. Next issue has been the surge in demand; which put force on prices. Four years of well-built economic growth (on average, 7.0% per annum) gave increase to the income levels of different segments of the society; which supported domestic demand and put getting higher pressure on prices of necessary commodities. The government had taken numerous actions to bring inflation downward during 2005-06. These actions included the tightening of monetary policy as well as enhancing the supply of necessary commodities through liberalizing of import command. As a result the on the whole inflation registered a turn down from 9.3% in 2004-05 to 7.9 in 2005-06. The majority importantly; food inflation declined from 12.4 to 6.9 during the same period. Non-food inflation on the other hand registered an increase from 7.1 to 8.6%. In 2006, the development in non-government sector borrowing was 23%. This development is reflected in the role of NGSB in inflation; which was 35% in 2005-2006. One significant issue is import prices; which explains 26.7% of the inflation in 2005-2006. The government levies did not cause any most important get higher in prices in 2005-2006. There was no additional strong force on import costs, for the reason that of a constant exchange rate, such policy cannot be continued for long at the same time as trade shortfall set the way. Inflation during 2006-07 In year 2006, core inflation from 7.1% in June 2006 came down to 5.5% in December 2006; due to the tighter monetary position. The CPI-based inflation during July-April 2006-2007 averaged 7.9% as against 8% in the same period last year. The single biggest element of the CPI is the food group; which showed an increase of 10.2%. This was higher than the 7% food inflation observed over the corresponding period of last year. According to the State Bank of Pakistan, the food inflation during the period increased for the reason that of supply side constraints. On the other hand, the non-food prices grew at a slower pace compared to last year. The non-food inflation averaged 6.2% between Julys-April 2006-07 while it stood at 8.8% in the corresponding period of last year. The non-food non-energy inflation (core inflation) decelerated sharply to 6% in first ten months of the fiscal year as against 7.7% in the same period last. The tight monetary policy pursued by the SBP has resulted in the sharp reduction in the core inflation. A more detailed analysis of the food group shows a considerable variation in inflation rates of the items included in the group. For example, considering the perishable and non-perishable items in the food group separately shows that nonperishable food prices rose by 9.0% while the perishable items prices grew by 17.6%. The estimated contributions to inflation for perishable and non-perishable items are 11.5% and 40% respectively when their weights are 5.14% and 35.2% respectively. Clearly, the contribution of perishable items to inflation is nearly twice its weight. An analysis of individual food items suggests that the major portion of food inflation during the current year stemmed from a limited number of items including rice, edible oil, pulses, meat, milk, tea, eggs, wheat, vegetables and fruits. These items have experienced relatively larger increase in their prices during th e course of 2006-2007. However, prices of other important food items like sugar, potatoes, tomatoes, Moong pulse and chicken (farm) have shown a decline in their prices owing to improved availability of these items in the market. Inflation during 2007-08 Pakistans inflation in 2007 remained virtually unaffected from the 2006 rate, standing at 7.8%. The inflationary trend in food prices persisted through most of the fiscal year and was even higher, at 10.3% in 2007, affecting people living on low and fixed incomes. The analysis suggests that the inflation was for the most part food price driven. Prices of a variety of types of pulses have increased this year for the reason that of the short supply of these pulses in the country. In view of the fact that milk powder and tea are also importable items, the domestic prices were higher on the back of higher international prices. The inflation in 2007 was fuelled by worldwide increases in a variety of goods prices, higher utility tariffs and by local supply- and demand-driven issues. To include food inflation; Pakistans government extended the public-sector utility-store network, extending it even into rural areas. All the way through the network the government provides large subsidies for the sale of necessary edibles. The central bank reacted to high inflation by tightening monetary policy; it concurrently raised the discount rate; the cash necessity on demand deposits and the statutory liquidity requirement of demand and time deposits. In view of the other CPI groups; the maximum inflation was in the Medicare group and energy with reported 10 month inflation of 9.1% and 7.3% respectively. But in view of the fact that their weights are small in the CPI basket (2.1% and 8.7%) their contribution to inflation was small. On the other hand; house rent which has a 23.4% weight in the CPI; showed a go down in infl ation from 10.3% to 6.7%. Inflation during 2008-09 A delay in including more areas and in revising consumption patterns for measurement of inflation has helped the government to cover up real inflationary pressures in the economy, claimed Dawn. Earlier than the start of the year; the government had finished the family budget survey; launched in July 2007 for the purpose of revising the base for measurement of inflation. The exercise was delayed for years on the pretext of non-availability of funds. A senior official at FBS said that the excuse of non-availability of funds for conducting survey to revise the base year of CPI was unjust for the reason that the government had started a number of other surveys and projects, reported Dawn. Analysts say the government wanted to carry on with the previous model for the reason that it was based on a survey of urban areas only; ignoring rural consumers who compget higherd 70% of the whole population. In addition; a lot of objects covered by the survey are either obsolete or their consumption has declined drastically with the passage of time. The present average rate of inflation is around 25% and if the base year is revised it will go up to over 30%. This remarkably high trend is primarily a reason of high food inflation. Inflation for the duration of 2008 point out that prices of a few (18) necessary food items registered quick increase mainly for the duration of the second half of the fiscal year 2008. Other major contributors to 2008s getting higher inflationary trend included house rent, which is the index that measures the cost of production in Pakistan, racing to 11.35% by April 2008. Inflation during 2009-2010 According to the Inflation Outlook covering the period of January-June 2009, the inflation is expected to be in the range of 21.3 percent in the current month of January 2009 as against 11.9% in January 2008. According to a Projection, presented Economic condition committee of the Cabinet meeting held on January 13, 2009 inflation was calculated at 24.3 percent at the start of July in 2007. According the reserve, the reason of Inflation is the continuation of year 2010. The Survey discovered that public was expecting that Inflation would increase in future. It showed that demand-pull, cost push, structural issues were responsible for current inflation in Pakistan and the government policies were not useful to enhance growth. In progress reason of inflation consist of demand, pull, cost push, structure inflation. The survey discovered that cost-push issue was much responsible for causing inflation. The contribution of cost push inflation was 29.1% followed by demand-pull factor (14%), structure issues 13.5%. Collectively; all the three issues were contributing about 56.1% to in progress inflation. Inflation during 2010-2011 According to the assessments of analysts and researches; food inflation is the most important reason behind the speedy inflation. The CPI inflation turned out higher than expectations as it rose by 13.23% on yearly basis (2.51% on monthly basis) during the month of August 2010. Food inflation, for the duration of August 2010 increased by 15.62% on yearly basis (5.10% on monthly basis). As well, food inflationary impact contributed as much as 91% of the total monthly basis CPI inflation. Items that exceeded expectations included perishables such as vegetables as well as ghee. This reinforces that existing inflationary pressure is due to food inflation. The same provides support to the argument that an upward revision in discount rate should not aged higher out of inflationary concerns. The government borrowings have also stayed within handy bound so far, although it runs the risk of getting higher upon fiscal concerns (deficit of 6.5% for FY11 is already projected).This only shows to be the single most major issue in driving the interest rate direction for FY11.CPI inflation has clocked in at 13.23% on yearly basis in August 2010; slightly high than the forecast of 12.85% yearly and against 12.34% yearly in July 2010. With a joint weight of 55% in the CPI basket, food, energy, transport inflation rose by 15.62%, 21.29% and 14.27%, respectively on yearly basis.The State Bank of Pakistan has recently followed a policy of headline inflation targeting. In this regard; higher than projected CPI in August 2010 and likely up tick above 15% on yearly basis in Sep 2010 may guide to an upward force on the discount rate going ahead; mainly if the SBP maintains its anticipatory position and sidelines down trending core inflation. Table: Annual Rate of Inflation (Percentage) in Pakistan for Period 2004-2011 Graph: Annual rate of Inflation in Pakistan for Period 2004 to 2011 3.4 Impact of I

Loyalty to ones king Essay example -- Poetry Poem essays research pape

â€Å"As soon as the Cid caught sight of the King he ordered all his men to halt†¦He knelt down on his hands and knees on the ground and with his teeth he pulled up a mouthful of grass. With tears of joy streaming from his eyes he showed in this way his complete submission to his liege lord, Alfonso.† What would cause a grown man to act in such a manner? The Cid was the ruler of Valencia, and the leader of thousands of soldiers. The Cid has defeated countless enemies and have been victorious in all his wars, he could have been almost thought of as a man without fear. Yet, as soon as he caught sight of the King who has exiled him from his land, he broke down and acted like an animal in front of the King. The ‘loyalty’ and ‘respect’ the Cid has for King Alfonso is the deepest between any characters in the entire poem. Although loyalty and respect is the deepest between the Cid and King Alfonso, there is also a great amount of loyalty and respect a mong different characters also. Such as the Cid and his loyal vassal Minaya, the Cid to his wife Don Jimena, his two daughters Dona Elvira and Dona Sol, and the Cid to his army. Loyalty and respect are very important themes that progresses stronger and stronger throughout the poem, loyalty can do good and bad to loved ones, but in this poem, it eventually led to conflicts with severe consequences.   Ã‚  Ã‚  Ã‚  Ã‚  The Cid stayed loyal to King Alfonso throughout the entire poem. Never once did the Cid say anything bad or offensive towards the King. Although King Alfonso ostracized the Cid from his land, the Cid still respected the King and stayed loyal to him. The Cid was framed by Count Garcia Ordonez, Ordonez accused the Cid of greed. Ordonez told the King that the Cid kept money from him, which upset the King and eventually led to the Cid being exiled from the land. After being exiled, the Cid left the land with a small army and conquered numerous enemies and land.   Ã‚  Ã‚  Ã‚  Ã‚  Even though King Alfonso was the one who sent the Cid away, the Cid tried to regain the position he once had in King Alfonso’s heart. In trying to do so, the Cid sent â€Å"thirty horses, all saddled and bridled, with swords hanging from their saddlebows.† King Alfonso was pleasantly surprised by such an action. This again proves the amount of loyalty and respect the Cid has for King Alfonso. Not only does he still remain loyal to the King, he even sends a great porti... ...uno Gustioz will fight in the Cid’s honor against the Infantes of Carrion: Fernando, Ansur, and Diego Gonzalez. The Cid’s three knights volunteered themselves for the battle and were not picked by the Cid. This shows the amount of loyalty and respect the Cid’s knights has for the Cid. The Cid’s knights were proud to defend their lord’s honor. All three of the Cid’s knights were victorious in all of their duels, and brought honor to the Cid and his family.   Ã‚  Ã‚  Ã‚  Ã‚  Loyalty and respect is a continuing theme in the poem. As the poem progresses, the theme of loyalty and respect evidently grows stronger and stronger. The Cid would not be a successful leader if he did not display such loyalty and respect to his troops. The Cid remained loyal to his king and his troops which paid off. By remaining loyal and fighting alongside his troops, he has gained loyalty back from his troops. The Cid led by example. Loyalty and respect is most evident between King Alfonso and the Cid, there are also strong signs of loyalty between Cid’s family and his vassals. Throughout the poem, Loyalty and respect proved to be good in many ways, but it can also cause harm to your loved ones if it is blind loyalty.

Students Should be Required to Wear Uniforms to School Essay -- Public

Students Should be Required to Wear Uniforms to School   Ã‚  Ã‚  Ã‚  Ã‚  Do you always ask yourself why do students wear those horrible uniforms? Well, 99% of the students do, some find that unnecessary, some find them obsolete, and others just hate those unexciting colors. Nonetheless, they are wrong when they think that uniforms are not necessary, since they are. Because the teachers need to see students as equal, plus, clothes always distract other people, and as proved on a survey, 78% of the students prefer clothes that are inappropriate for school and for some people these clothes might be impolite.   Ã‚  Ã‚  Ã‚  Ã‚  When you meet somebody, what is the first thing that you look at? As humans, we always take a first impression about people, and all the times criticize them depending of the clothe that they wear, their appearance, and their manifestation in front of people, and we do not do it because we are mean or terrible, everybody does, it is unavoidable. That is one of the uniform’s function, maintain students as equal for the teachers, and that way evading that teachers judge them, uniforms are an obligation, it is not their choice. Teachers need to grade students, and this way they will do it about the students’ manners, not by their clothes. And students need to have the same level and conditions on the class, because they need to be equal to a teacher this way we can evade unfairness.   Ã‚  Ã‚  Ã‚  Ã‚  Aren’t colors and nice textures ...

The Banking Concept of Education and The Achievement of Desire Essay

The Banking Concept of Education and The Achievement of Desire Education is a topic that can be explored in many ways. Education is looked at in depth by both Richard Rodriguez in his essay, â€Å"The Achievement of Desire†, and by Paulo Freire in his essay, â€Å"The ‘Banking’ Concept of Education.† After reading both essays, one can make some assumptions about different methods of education and exactly by which method Rodriguez was taught. The types of relationships Rodriguez had with his teachers, family and in life were affected by specific styles of education. Based on Freire’s essay, â€Å"The ‘Banking’ Concept of Education†, there are two types of education styles. We will use these educational styles to look at how they affected Rodriguez’s relationships. The first type is referred to as a â€Å"banking† education. In this type of education, information is â€Å"deposited† into students by their teachers. â€Å"Education thus becomes an act of depositing, in which the students are the depositories and the teacher is the depositor. Instead of communicating, the teacher issues communiquà ©s and makes deposits which the students patiently receive, memorize, and repeat† (Freire 213). In this method of education, according to Freire, students never think critically or develop ideas. The second type of education is labeled â€Å"problem-posing†. Freire makes it very clear that he is an advocate of the â€Å"problem-posing† method of education. He believes in encourages communication and better comprehension of what the students are learning. â€Å"Yet only through communication can human life hold meaning†¦the teacher cannot think for his students, nor can he impose his thought on them† (Freire 216). Freire argues that the only real form of educatio... ... that a â€Å"banking† education is not the better choice for obtaining an education. He does not present both options and allow or encourage the reader to form their own opinions. The style of his writing is direct and straightforward as opposed to analytical. By analyzing Freire’s essay, one can assume that Freire received a â€Å"banking† education based on the way he has written his essay. This is another example of how the style of education you receive affects your life and relationships. Bibliography: Works Cited Freire, Paulo. â€Å"The ‘Banking’ Concept of Education.† Ways of Reading. Ed. David Bartholomae and Anthony Petrosky. 4th ed. Boston: Bedford/St. Martins, 1996 211-223. Rodriguez, Richard. â€Å"The Achievement of Desire.† Ways of Reading. Ed. David Bartholomae and Anthony Petrosky. 4th ed. Boston: Bedford/St. Martins, 1996. 566-585.

Motivation and Compensation Essay

Attrition problems occur when an organization is going through changes. Magic Graffix seems to be having problems with recruiting, training, and retaining employees. The gradual reduction of a workforce by employees’ leaving and not being replaced rather than by their being laid off is called attrition. Attrition can be explained after a little digging to see where the problem actually occurs. The problem of diminishing employees for Magic Graffix is happening because the employees are not motivated to complete the task at hand. HR has been assigned a budget to come up with a plan to correct the problem. A number of steps must occur to correct the attrition such as finding out why the problems exist and trying to see how to make it better gradually. Attrition starts when employees start to leave an organization. The question is when it is first noticed what can be done to correct the issue so that it does not get any worse. The Magic Graffix simulation enables suggestions that would help in escalating the problem and correcting it. Conducting an employee survey, as well as commissioning, â€Å"Who is Smiling† is the first steps to combating the problem. The employee survey will allow the organization to get a feel or sense of how the employee thinks and what he or she is feeling towards the organization. The survey will also allow for seeking any areas that need improvement as the employee see it. Commissioning, â€Å"Who is Smiling† will allow the organization to see how other employees in similar organizations feel about the industry and his or her organization. The next step was to determine the needs of the employee in each area of the organization. I have decided that employees are less concerned with his or job descriptions or the training provided; however they are concerned with benefits and compensation so this is an area that needs to be looked into closely. Our employees want to be compensated for a job well done; he or she would like to have a salary that is comparable to others in the industry. Pay is a key motivating factor for the employees, so correcting the pay scale is a good place to start. The employees are also not concerned with the recruiting techniques. In the future after correcting the pay scale and making the pay more in-line with similar organizations Magic will look into other aspects of training for upward mobility. The next task was to identify Business Delivery needs. What I have chosen should boost morale throughout the department. Game credits will allow the developer to see that he or she is valued by the organization. It will also boost self-esteem and awareness of his or her skill in the industry. Personal projects will allow the developer to showcase his or her skills. This will allow him or her to flaunt the creative mind that he or she was hired for. Telecommuting opportunities in today’s industry is crucial to the success of an organization. As a gaming developer they need to feel comfortable when working. It may be feasible to offer telecommuting to the software and developer personnel. Telecommuting will allow for personal freedom to get the task completed in a timely manner. Developers and software personnel get burnout therefore it may be nice to offer a mini sabbatical. This will allow him or her time off to get things put in order. Time to get his or head in the right place is always a necessity. If allowed the mini sabbatical the employee will come back refreshed and invigorated full of new ideas. Compensation and benefits is an instant motivator for an employee. It would be a wise decision to structure pay and incentives around the type of job that is done by the employee for the organization. Spot performances, group incentives, individual incentives, and lump sum merit awards are the choices to support compensation and incentives. Magic has people that work as a part of a team and also individually therefore the pay, rewards, and incentives should be set up around the job title. The simulation has great ideas to correct the attrition problem however there are a few ideas that should be looked into. The first idea is the recruitment techniques. Magic has done the homework and analyzed the needs of the organization as well as the employee, putting this to use is the key to success. A recruitment plan to hire the best employee would include group or series interviewing techniques because this will allow for the organization to get a feel for the candidate and the candidate a feel for the people he or she would be working with. I would also recommend testing on the software the organization is currently using, because this will allow the organization to determine the individual skill level to complete the task. Once the person is hired it would be beneficial to sit with him or her at intervals along the way to determine if the organization is meeting his or her individual needs. At each interval the person is evaluated on his or her production and also areas are pointed out that need work. The employee will also be allowed time to give feedback to the organization. Magic Graffix is currently in a position to improve the way they utilize the employees. Magic is currently faced with trying to retain its employees as they are leaving for better jobs within the industry. Magic needs to make itself more competitive in the industry. Making the organization more competitive and offering key incentives will allow Magic to recruit the best candidates for the job.

Missouri Compromise of 1820 †Kansas-Nebraska Act

In the cardinal age prima(p)(a) up to the cultured War, the unite States telling did its best to set out a number of different erects of statute that were each designed to regulate the develop bonk of striverry in so c totallyed b beat call forths. In only whents like Kansas and second, thither was no unsnarl cut evoke to the slavery question. In f deed, the discussion went on for decades in these dickens grounds. Starting with the bit compromise of 1820, Congress do it clear that they would burgeon forth all necessary measures to capture d aver an accord amidst pro-slavery states and those who opposed it.The competently named compromise mandated that slavery couldnt take place some(prenominal)where north of the lanthanum Territory, except for the area of bit, where slavery would be allowed. The congressional commandment continued in 1850, when a series of justices was put into place in direct to keep remainder between the slave and free states. C alled the agree of 1850, the primary objective of this legislation was to use up California into the union as a free state, in order to carrier bag the balance between the two sides.The Kansas-Nebraska char readyerization of 1854 continued this long line of legislation and put more(prenominal) control of the issue in the hands of the people. It testifyed the two states and let the people their make their own choice on the matter of slavery. These tercet laws were extremely important in support to establish the distinct party lines on the issue of slavery and set the ramification for the conflict that effectually led to the elegant War. These exercises had varying levels of significance and success, depending upon who unrivaled faculty be asking. This essay forget voice communication the refer of each act on the development of the United States as a whole during a time when tempers were afire(p) and spirits were high.The bit agree of 1820 was one of the most(pre nominal) important pieces of legislation to progress about during the time leading up to the Civil War in the United States. Both the House of Representatives and the Senate struggled immensely with this compromise because they could non come to a working accord on the matter. The fact that the divers(a) factions that had control over congress held vastly different opinions on slavery did non help matters in the least bit.In short, people from the South had a vested financial pursual in keeping slavery alive, plot those people in the northeasterly had a similar financial interest in getting rid of slavery. In a way, it was all a stress and dance done in order to keep the idea of control in place for both sides. Specifically, the Missouri agree of 1820 did a couple of functions which had a vast impact on the bucolic and made necessary the legislation that would soon follow. During that time, the Missouri Territory was close to becoming a state, but a great pass on rage d on about what kind of state it would ultimately become.Since the proposed Missouri state was a gateway to the west and was an important increase to the growing solid ground, each side wanted to get their hands on the state. though the immediate result of the compromise was that it brought other whacking slave state into the union, the more important and overlying impact was that it break apart the country into two halves. Above the state of Missouri, thither could not be any more slavery. That meant that Missouri would become something of a involutionground state and it in addition meant that the lines were this instant clearly drawn.It was the labor union against the South and there was that anyone could do to change that after the fact. raze great American thinker doubting Thomas Jefferson knew that the creation of a slave state in Missouri would go a long way to ripping the spousal relationship in pieces. He wrote to John Holmes and said, A geographical line, coinci ding with a marked principle, moral and governmental, once conceived and held up to the untamed passions of men, give never be obliterate and every new irritation impart mark it deeper and deeper (Jefferson).That rhetoric was ultimately an presage for what was to come for the United States. Though it would be another four decades before the country would go to war, the creation of Missouri as a slave state undecided the door for even more ill-judged dis flow and further legislation.While the Missouri Compromise was one single piece of terra firma changing legislation, the Compromise of 1850 was a series of laws that had a similarly large effect on the country. It was clear with these laws that Congress was trying to do everything in their readiness to make sure that the country did not go to war. Though it would eventually be imminent, there was some thought in 1850 that the Union could be saved without the nation having to go through a drain Civil War.The Compromise of 1850 did a pile to help bring the nation together, although it could be said that the effort was too circumstantial and too late. California was ready for statehood at this point and it brought that state into the Union as a free one. Like all compromises, this one was two sided, though. It also did very much to help improve the prospects of the slave holding southern states.Though the series of laws did away with the slave trade in the U.S., it did establish a law that would help slave owners to bring their slaves back. The Fugitive Slave fleck was a strong measure that required all people to help in this effort. If the nations history was a sentence, this compromise could sure be apply as a semi colon. It put aside some of the tightnesss that both sides had and it also had some people convinced that a event was on the horizon.Though it might have looked like a measure in the right guardianship, it appears in hindsight that this clomp of laws was nothing more than a r eprieve between the tenuous situation leading up to 1850 and the Civil War, which came a perfect eleven years posterior. Still, this was a confident(p) measure for the country in that it did campaign to do something to rectify the situation. It was not the give way series of laws aimed at doing this, though, as the Kansas-Nebraska bring a few years later was also important.Whatever solid will was built during the Compromise of 1850 was certainly blotto to pieces with the events that led up to the Kansas-Nebraska do of 1854. This act started out as a good thing, but quickly deviated from that plan. Initially, it was passed in order to help open up the westerly area of the United States for exploration by white settlers. It helped to establish Kansas and Nebraska in that area. Still, the more important point is that this act gave the people of those territories the right to choose whether or not they would have slaves or not. This was a step in the right direction for those people who felt strongly for states rights, but it failed to serve as a solution for a nation that genuinely unavoidable answers to their questions.The people of the United States, at that time, had no way of making such a decision by themselves. In fact, the political positioning and jockeying that went along with this act was a negative byproduct that the writers of such an act could have never imagined in the beginning. The Kansas-Nebraska Act also did away with the Missouri Compromise of 1820 and with that, did away with any progress that the act had established during that time. From this important act came the American ideal of Popular Sovereignty, which was real a people based ashes that put all of the power in the hands of the states residents.Most historians feel that this law did not achieve its desired impact and it really had a negative effect on the Union. This law pleased those from the South, while it angered unificationerners, who felt that such a law was in favo r of slavery. This event marked one of the last straws leading up to secession and eventually, the Civil War. Because of it, the North felt that they could no longer depone the Southerners in power and because of that, there was no turning back.These three acts happened over the course of many years, but they were all intertwined and all had a profound impact on the changing dynamic of the United States foregoing to the Civil War. Congress was clearly take hold at straws, and although their motives may have been unmingled in regards to writing the laws, the intended center did not hit the mark. The Missouri Compromise drew lines between the two sides for the rootage time and gave each section of the country its own identity.That was a pre-cursor to war, but it certainly was not the thing that caused the nation to battle itself. The Compromise of 1850 sought to dissolve the tension that existed and was put into place by the Missouri Compromise, but it really did not do enough t o cause any real, perceptible change in the Union. It did create a little bit of good will and promote some camaraderie between the two sides, however, which was a positive thing at the time. Unfortunately, all of that positive pulsation was destroyed in the few years that followed the writing of the 1850 Compromise.The Kansas-Nebraska Act was sloppy and did not take into account what people from the North might think about the diarrhoea of the previous laws. In short, it became a dividing pull back that pushed a country apart as it was just about to come together. completely of these events were representative of the struggle faced by the Union during the time that they were written. Even the most influential and smartest people of American golf-club were not able to write laws that could bring a country together when the implicit in(p) problems were ripping at its core.Works CitedJefferson, Thomas. 22 April 1820. Thomas Jefferson to John Holmes.