Thursday, October 10, 2019
Political, Social, Economic, and Intellectual Life
Between the time period of 1840 and 1860, slavery played an influential and pivotal role in the development of a new southern lifestyle. In the struggle for dominance in America, slavery was the Southââ¬â¢s stronghold and the underlying cause in much of their motives for many of the economic instigations along with the affirmative political actions. By dominating the everyday southernerââ¬â¢s life, slavery also dominated the economic and political aspects of life during the height of the slavery period.By the 1840ââ¬â¢s the Southern economy had become almost entirely slave and and agriculturally dependent. Without the dependence of slaves in the south, a person was to remain landless, poverty stricken or struggling to sustain life through the means of a minute, ineffective farm. However, even though slaves dominated the southern economy, slaveholders only included about 2 to 3 percent of the population, and most owned less than ten slaves. This small percentage of fortunate individuals were the few people successful in a slave based, cash crop, agricultural, Southern economy.In turn, the Southern economy was controlled and dominated by those who did and did not have slaves, which generated the political ideology and political atmosphere formed as a result of the utter reliance on slavery controlling all aspects of everyday life. ?Slaves in the south were the main contributors to the Southââ¬â¢s economic success. The invention of Eli Whitneyââ¬â¢s cotton gin made possible the wide-scale cultivation of short-staple cotton.All professionals worked diligently with one another to make sure each function, from production to distribution, was properly executed on the plantation, and that an ample supply of cotton was always present. An organized network of commerce never developed in the South, as the high demand for cotton in Europe, primarily Great Britain, and in North America, more slaves were needed in the south to continue to produce the lucrative cash crops, booming the southern economy and the need to create and reform the cash crop business.The the new cotton crop and other rising crops like rice and tobacco led to the increasing demands that were higher than the current production rate. In order for them to generate a more lucrative business, the south used slaves as a labor source to produce crops, which had the largest impact on the southern lifestyle. This in turn boosted the south's economy, which allowed the the southern life to thrive and create a distinction between themselves and the other economies of North America. Whilst slaves dominated the southern economy, slaveholders only accounted for about two to three percent of the southern population.This small, yet powerful percentage of individuals were the people successful in agricultural business and the driving force behind the usage and continuation of slavery in the South. Without slaves there would be no cotton, tobacco, or sugar production and without these integral items, the Southern economy would absolutely collapse. The South depended on slaves to fuel their economy which in turn allowed for slavery to dominate the economy and be the sole resource of the South. ?Between 1840 and 1860 many political issues, debates, and actions were inflamed by the presence of slavery.As America grew, both in population and in size, the South wanted more slave states and the North wanted more free states to increase their hold in politics and sway decisions in favor of what put them in a position for the greatest success. One important act that provoked the slavery dominated political world of 1840 to 1860 was the Kansas and Nebraska Act, composed by the highly acclaimed Democrat Stephen Douglas. This act was successful in repealing the Missouri Compromise of 1820 and called for popular sovereignty in Kansas and Nebraska which under the Missouri Compromise had been free, as dictated by federal law.The Missouri Compromise was originally an act to se ttle disputes about free states and slave states entering the Union in an attempt to keep the balance of free states and states that permitted slavery equal. To repeal this was to almost beg for revolution; hence the term ââ¬Å"Bleeding Kansasâ⬠which included the John Brown riots and caused political and social unrest in these areas affected by the law. The Compromise of 1850 was another feeble solution to the predominate problem of run-away slaves and the recurring issue of slavery in new territories.This Compromise created stronger fugitive slave laws which satisfied Southern slave catchers and enraged Northern abolitionists. Millard Fillmore, President at the time, was inept in favoring any side and felt that this compromise would be the driving force that would keep the already fragile union together. The compromise also made California a free state, and the area won in the Mexican Cession would be subject to popular sovereignty, and lastly, dictated that there would be n o slave trade in Washington D. C. but it would remain a slave state to keep the proper balance. The weak and extremely controversial compromises would would only further split the nation on the topic of slavery and create a greater schism within the topic. From 1820 to 1860 slavery was a recurring topic in Congress and the House of Representatives. Slavery is even considered to be the cause of the Civil War and in the end, was grasped as the main reason for bloody fighting. All political issues during this time could not be discussed without the topic of slavery behind it. Read also: Theories Actually Seen in Practice in Ojt
Wednesday, October 9, 2019
Third world countries Essay Example | Topics and Well Written Essays - 250 words - 1
Third world countries - Essay Example Several atrocities on a large scale were committed before the recognition of human rights and there was no justice for the oppressed ones. Like during times of slavery, human rights were almost non-existent. All rights had been owned by the stronger and more powerful people. But certain movements like struggle of Martin Luther King to attain equal rights for the blacks. The idea of human rights was initiated after Second World War as during war several violations of human rights had been committed by Allies and Axis. That war resulted in creating a new era of political and social structure and the outcome was creation of UNO that developed human rights principles for the world. Libya is a big example of such violations from 1969 till 2011 and the ruler (Qaddafi) was responsible for such violations. Similarly, Syria also went through prolonged civil war that began between pro govt. and anti govt. forces and resulted in displacing 140,000 people and 2.5 million became homeless. South Sudan also saw such circumstances and Sudanese violated the rights of people of South Sudan before formation of separate
Tuesday, October 8, 2019
Management - Compensation Methods Essay Example | Topics and Well Written Essays - 750 words
Management - Compensation Methods - Essay Example In this paper, we will discuss some major compensation methods/employee benefit programs, which a company can use to improve employee performance. Types of Compensation According to Menguc and Barker (2003), use of compensation plans influences all dimensions of organizational performance. Companies use different types of compensations to increase employee motivation. Some major types of compensation include bonuses, free meals, housing allowance, health insurance, company car, travel allowance, free patrol, promotion based on performance base pay, overtime pay, and commissions. In some companies, the compensations like bonuses and commissions are associated with the job responsibilities of the employees. Some jobs are of very difficult nature, so the companies put some rewards for the people associated with those jobs in form of bonuses in order to encourage them and make them dedicated to their jobs. Companies categorize different types of compensations into short-term and long-ter m programs. Mazin and Smith (2004) asserts, ââ¬Å"Short-term programs are usually based on cash payments, while long-term incentives typically involve stockâ⬠(p.113). Short-term rewards include cash and stock bonuses, which a company gives to the employees when they achieve short-term goals, such as, increase in the companyââ¬â¢s revenue. ... The basic purpose of short-term compensation programs is to increase employeesââ¬â¢ performance and productivity over a specific time. Long-term rewards, on the other hand, are such rewards that a company gives to its employees when they increase the company stockââ¬â¢s value in the market. The stock value increases when a company maintains its product standard and quality for a long time. Good quality of products generates higher levels of productivity and revenues, which result in increasing the stock value of the company. Companies reserve long-term rewards usually for the employees who are at managerial posts. Calvin (2001, p.119) asserts, ââ¬Å"In established firms, long-term incentives, such as stock options, are reserved for senior salespeople, national account managers, and sales managersâ⬠. Commissions and bonuses are two of the most useful types of compensations because they attract a large number of employees towards the companies, which offers such compensatio ns to the employees. Commission is a form of compensation that a company gives to its employees on achieving some targets. Commissions and bonuses play a key role in retaining talented and skilled employees for a company. Increase in salaries is also one of the most effective ways to retain key employees of a company. Employees do not want to leave the job when their companies reward them in terms of increase in their salaries. Compensation programs not only make employees work hard to achieve the incentives but also make the company achieve higher levels of profitability and productivity. Apart from increase in salaries, some other types of rewards also play a good role in increasing employee motivation. These rewards include foreign trip of
Monday, October 7, 2019
Successful mentors are those who develop relationships that foster Essay
Successful mentors are those who develop relationships that foster growth & development in others(Walsh 2010).Supporting your an - Essay Example This paper will primarily focus on mentoring in relation to the characteristics or traits that enable mentors to undertake their duties and responsibilities. The paper will also analyse the extent to which successful mentoring is informed by these characteristics or enabling traits, and finally highlight strategies that could see mentors enhance their mentoring qualities. A mentor is expected to exhibit a given level of experience or a set of qualities/attributes that enhance effective and efficient mentorship Walsh (2010). Such attributes allow the parties involved to relate in a way that is mutually beneficial and productive in their respective fields. In a bid to enhance menteesââ¬â¢ growth and development, mentors should build functional relationships that best address the issues, concerns, or interests of the mentees. To do so, mentors require a number of traits, personal characteristics, attributes, or qualities. These aspects allow them to establish strong ties with their m entees, as they work to inspire, encourage, motivate, empower, and challenge the mentees. The first quality or attribute in this line is respect. Mentors have to be respectful to their mentees. Although mentors are most likely more experienced than the mentees, the mentors have a duty to respect their mentees in order to produce the desired results. Without respect, the resultant relationships are less likely to be functional, and the whole mentoring process could fail. It is important to note that the respect factor in this case should be mutual. That is to say that mentors will respect mentees who will show some respect in return. Otherwise, mentors will find it difficult to deal with disrespectful mentees if their respect is not appreciated. According to Elcock and Sharples (2011), respect is a critical factor in any given form of relationship, regardless of the setting within which the relationship is established. The relationship between mentors and mentees is built on trust; t his is according to Hinchliff (2004). Either of the two parties involved should find it easy to confide in the other. Without trust, the entire mentoring process becomes prone to operational difficulties, especially if trust issues emanate from the mentorââ¬â¢s side. Mentors who are trustworthy are highly likely to work cooperatively and collaboratively with the mentees, thereby ensuring that mentoring process achieves its purpose. Trustful grounds are created when mentors accord their efforts towards building the menteesââ¬â¢ life positively. Basing this on inspire, motivate, and challenge mode of mentorship allows the mentor to focus on every aspect of the menteeââ¬â¢s life within and without the learning environment. The form of interaction between mentors and mentees calls for mentors to be understanding. Mentees are normally faced with critical issues, concerns, or interests. Striking a balance between them and the menteeââ¬â¢s personal life can prove to be a diffic ult task. While it may or may not seem to be the case with the mentors, the understanding trait for mentors is fundamental in order to effectively relate with, enhance the growth, and develop their mentees. Working with people whom they do not understand could result in negative results to the mentees. Mentorship, in the light of Astonââ¬â¢s and Hallamââ¬â¢s (2011) arguments, requires that mentors place themselves
Sunday, October 6, 2019
Economists Essay Example | Topics and Well Written Essays - 1750 words
Economists - Essay Example Fisher was born in 1876 and received his Business Administration degree and Ph. D in Yale University. As the professor of economics and mathematics at Yale University, Irving Fisher developed extensive concepts concerning money supply and price fluctuations using mathematical evidence (Allen, 1977). Fisher was among the most accurate and leading economists of the 20th century. He used his acquired knowledge and skills from Yale to observe and analyze dramatic and complex macroeconomic events during his era. Fisher also proposed appropriate solutions to the Great Depression that crippled the U.S economy and other aspects of life. The crash of the stock market in the U.S in 1929 and consequential falling of stocks and goodsââ¬â¢ prices prompted Fisher to revise his economic theories on price fluctuations, debt and the depression caused by these factors (Mendoza, 2009). Fisher formulated a debt-deflation theory and named the financial crisis, the Great Depression, which is currently used to relate to the economic recession in the U.S.The debt-deflation theory indicates that consumers borrow money for investment on speculation and imagine profits, which leads to losses, debt, deflation and pessimism. Thesis Statement: Irving Fisher has a significance impact on the prevailing U.S economy through his debt-deflation theory, which examines the causes of debt, the deflation and the solutions of the subsequent financial crisis in relation to the current U.S economic instability. Significance of Irving Fisherââ¬â¢s Debt-deflation Theory Irving Fisherââ¬â¢s debt-deflation theory was essential in the Great Depression era and in current U.S economic crisis because it clearly explains the factors that cause the debt and the resultant ripple effect on the economy. The U.S economy is essential in the global market because it is the largest trading partner in the world, which means its financial crisis affects all other foreign economies. The following are causes of deb t, stages of the financial crisis and proposed solutions as described and examined by Irving Fisher. a. Factors Led to the Great Depression i. Immediate Causes of Debt During the Great Depression, the two chief causes of debt for U.S citizens were over-investment, over-speculation and over-confidence (Fisher, 1933). Citizens, private sectors and the government borrowed money from banks, the federal government and other private financial lending institutions to conduct investments that they believed would result to higher returns and revenues. Many organizations and citizens wanted to invest borrowed money on new business ideas and receive abundant profits within a short time as compared to the ordinary investments that have moderate profits and interests. New inventions included building industries, railway lines, develop new resources, open real estates and new markets (Fisher, 1933). Financial lenders provided easy money, which led to over-borrowing. Most investors believe through speculation and over-confidence that they can borrow money at 6% and make profits of over 100% (Fisher, 1933). New industrial inventions and technology innovations prompted over-borrowing with the confidence of making a huge profit within a short period. Lucrative investment opportunities allowed people and organizations to have big debts. Major wars that the U.S initiated and
Saturday, October 5, 2019
Chinese Economy Case Study Example | Topics and Well Written Essays - 750 words
Chinese Economy - Case Study Example China has embraced SEZs because of their varied economic activities (Wei, 47). They embrace a number of economic activities including manufacturing, tourism, real estate development, agriculture and commerce. EPZs and SEZs are different in that EPZ are industrial estates whilst SEZ are industrial townships with fully developed infrastructure. Other differences include; there is no minimum export performance stipulation for SEZ units unlike EPZ and retention of a hundred percent export earnings by SEZs which are restricted to seventy percent in EPZs. Custom and central expurgate processes are simplified in SEZs, and EPZs are usually found in countries with a market economy whereas SEZs are located in transition economies. There are a number of similarities between them which may include among others; conditions under which EPZs and SEZs operate are almost the same, tax exemption is given to investors, they cover large tracts of land, both contribute to the overall economy of the country and offer employment to thousands of residents. Lianxiang Company (Lenovo) was founded in 1984 in Beijing. Then, there were over 100,000 personal computers in China. Lianxiang Company's most crucial initial success was to recognize the importance of coming up a Chinese character computer system permitting 1.3 billion Chinese to enter the computing age. Using the brand name Legend, Lianxiang enabled the conversion of English software into Chinese characters. It later changed its name to Lenovo. Lenovo owes much of its achievement to its ability of establishing a legal domicile and increasing its capital in Hong Kong. Lenovo got its initial finances from the Chinese Academy of Sciences but from then it on secured all of its investments from Hong Kong. In 1988, it received US $116,000 from the Hong Kong-based Corporation, China Technology to invest in a joint venture and later went public on the Hong Kong Stock Exchange. To that extent, Lenovo became a Foreign Invested Enterprise (FIE). As an FIE, Lenovo was capable of operating in greater regulatory space and with more autonomy. Chinese laws then provided a more liberal operating space for foreign-registered companies. It should be noted that Lenovo is ran and managed by Chinese but co-owned by foreign investors (Shan and Elfring 74). Lenovo's story illustrate an astounding period in China's modern history as an era of authoritarian, economic and political policies which gave way to a friendlier economic systems. Lenovo is often publicized as a product of China's unusual business environment. In 2004, Lenovo acquired IBM, proving a positive of China's fertile entrepreneurial environment and rising competitiveness. World-sourcing is the secret behind the success of Lenovo. Lenovo believes not in outsourcing but world-sourcing. Another reason for Lenovo's success is that their products persistently aim to provide the best services to their consumers. 3. Explain the concept of comparative advantage between two countries. Comparative advantage occurs when a nation has a margin of superiority in the
Friday, October 4, 2019
Light Weight Material for Automobile Essay Example for Free
Light Weight Material for Automobile Essay General segment car with light weight alloys and metal matrix composites 1. 1 Analysis An automobile is a single biggest polluter, as emissions from millions of vehicles add up. As motor vehicles have been huge sources of pollution for the world since the last hundred years, the major car companies and market see profit by introducing some new technologies to reduce emission and delivering best solutions to customers. One of the major reasons for emission is weight of the vehicle. As weight increases carbon emission increases and fuel efficiency decreases. Both equally reduce customer perceptions. Present market battles to reduce carbon emissions and to fulfill customer demands for highly fuel efficient vehicles. As the above statement is top priority in present market and coming future, metallic parts of a general segment car will be replaced by light weight alloys by coming decades. However significant cost challenges are there for using light weight materials from manufacturing process to end life cycle. Smartly tackling of this cost will be the key to market applications. 1. 2Strategic sense which helps to make light weighting vehicles Global warming, global fuel prices and fuel demands are going to a critical situation, which makes human to think alternatively. As more fuel uses, more CO2 produces. If majority of vehicles made by steels are replaced by lightweight vehicles, it will reduce the global fuel needs. As this initiative makes very good advantages to world, it will get a lot of co-operation from other industries governments and political systems. Technologically and economically there are a lot of challenges and things to be done. Much RD works to do. Right from material selection, product design, process design, manufacturing methods, joining methods all has to be redesign for established organizations. It is a very big challenge. 1. 3 Initiatives taken to make light weighting vehicles To achieve a light weight structures, without compromising rigidity auto engineers have been researching the replacement of steel with plastics, aluminum and magnesium. Using of advanced material for reducing weight is the least expensive way to reduce energy consumption and carbon emissions. It is found that; * For every 10% weight reduction in weight of a car will result in 5% -7% improvements in fuel efficiency. * For every kilogram of weight reduction of a car will result in the reduction of carbon dioxide about 20kg. [1] 1. 4 Weight saving and relative cost for light weight material Figure 1. 1 Relative material properties and cost [2]. Important key factors while using advanced light weight materials are manufacturability, cost and joining processes. But as requirement is the mother of invention, manufacturability of aluminum and its compositeââ¬â¢s will become easier and economical by coming years. Different manufacturing techniques are there to form aluminum into desired shape. 1. 5 Vehicle Case Study Super light Car Project: Figure 1. 2 Light weight materials, a vehicle case study [3] The objective of this project was to make an innovative idea by multi-material and light weight structure. This project proved that, BIW panel structure weight can reduce by 30%, multi material manufacturing with reduced cost, recyclability and sustainability of light weight materials. This project was a benchmark performance by joined venture of many sectors and seven vehicle manufactures (including Volkswagen and Volvo), 10 suppliers, 10 RD companies and seven universities. The final product was a mix of different materials and a wide range of joining technologies. The figure 1. 2 shows the benefits, that Super Light Project achieved.
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