MacroEconomics in Virginia Beach Essay Example | Topics and Well Written Essays - 750 words

MacroEconomics in Virginia Beach - Essay Example Economist and financial analyst determine inflation by finding the difference between the current consumer price index and the previous consumer’s price index (Mankiw, p471). Therefore, this study aims to investigate the impacts and causes of hyper inflation in Virginia area. Impacts of Hyperinflation in Virginia Beach Area The impacts of inflation are numerous whereby, its effects are not only felt by individuals but are also felt by the overall economy. Therefore, hyper-inflation refers to an inflation rate that is above 50 percent, this kind of inflation may be attributed to government actions of printing money in order to finance its expenditure. The act of pritinting money by the Federal government causes an increase in the amount of money in circulation. This may consequently leads to an increase in commodity prices (Mankiw, p382-387). Hyper inflation was first experienced in Germany after the First World War when the German government printed money to reconstructs its e conomy. Additionally, hyper-inflation was first witnessed in Zimbabwe between the year 2004 and 2009 (Smith, paras1-6). In above connection, the United State reported a hyper-inflation after the Federal government tried print money with an aim of suppressing the negative impacts of world war one. However, the U.S government has taken measures to mitigate as well as prevent the occurrence of hyper-inflation. Among the measures employed include; setting a federal reserve system (Kimberly, paras4-6). In above connection, Virginia anticipated economic and political down turn as a result of hyper-inflation. Legislators in Virginia were wondering whether the establishment of a common currency across the commonwealth could have acted as a perfect substitute for currencies supplied by the Federal government (Kimberly, paras3-5).Some of the substitute that were to be utilized as money include; Gold and Silver. However, the United States Federal government was against the idea because most of their wealth was tied up in foreign debts. On the other hand, the Virginia commonwealth believed that both political and economic problems were attributed to the impacts of hyper-inflation. The Legislators asserted that the problems of hyper-inflation could have been addressed into two major ways namely; motivating people to buy legal tender attached on silver and gold (Kimberly, paras5-6). In above connection, citizens could be motivated to carry out capital investment. This could have been done by government through reduction of tax burdens attached on to such investment. Additionally, it was recommended that Virginia could set a side some intangible assets in order to hedge risk associated with hyperinflation (Kimberly, para6). Causes of Inflation There are two major cause of inflation namely demand pull inflation and cost push inflation. Demand pull inflation involves persistent increase prices of commodities due to higher demand (Tucker, p284). Several factors may be attribute d to be the causes of demand push inflation, among the factors include; economic growth, anticipation of inflation in the future, government policies such as fiscal policies, advancement in technology. Whereby, economic growth may leads to an increase in demand for goods and services (Kimberly, paras1-3). On the other han

Essey 6 k Essay Example | Topics and Well Written Essays - 250 words

Essey 6 k - Essay Example Besides, Lao anticipates benefiting from improved infrastructure, job opportunities and growth of local industries from the investments. Some of the foreign direct investments in Lao comprise of construction of showrooms in the major cities. Thus far, the American firm RMA is in the process of venturing in Lao. The move shall facilitate distribution of the major brands like John Deere tractors, Land Rover and other automobile equipment. Besides, Coca-Cola Company construction of a bottling plant in the country is a notable investment. Additional foreign direct investments include the banking industry, for example, the Malayan Banking Bhd, industries expansion like Essilor that makes eyeglass lenses. In addition, the country attracts real estate investors like the Shanghai Wanfengs and investments in infrastructure like a railway line construction. Risks of foreign direct investment in Lao include the unstable commercial laws that expose foreign investors to vulnerabilities like loss of properties. In addition, the government’s biassed in conflict resolution makes the environment volatile. Finally, prevalence of corruption makes the business condition unbearable for

Describe the various political party systems that can be identified, Essay

Describe the various political party systems that can be identified, more or less, with the developments of the following period - Essay Example The constitution recognizes that human beings are equal and have inalienable rights. As such, most political parties in the US fight for equalitarian ideals whenever another party veers off the ideals set by the constitution; for example, the democrats often advocate for strong national government and taking care of the interests of the wealthy for economic progress forgetting social equality and on the other hand, republicans worked so hard to maintain equality (Reichley, 2000 p. 30-36).There has been many political parties pursuing different interests since independence ranging from nativism, anti-catholism, slavery, taxation, and the national bank but the dominant parties in modern USA are the democratic and republican parties. The aim of this paper is to trace the history of political party systems since independence; their ideals, nominations and elections, social groupings, major fault lines, and the changes from each era to another. To answer this question, the paper will be d ivided into five sections. The first section will cover the first party system during the period 1787-1828. Then, the second party system from 1828-1854. Thirdly, third party system period from 1854 to 1896. Followed by the fourth party system 1896-1932 and lastly, fifth party system which covers the period from 1932 to 1960s. 1787-1800 Though America declared independence in 1776, the constitution was signed in the year 1787. By then there were no political parties as was the norm in other countries of the world. It was a federal constitution and as such presidents, House of Representatives and congress were elected on a federal ticket until the 1790s when political parties were invented. The first Electoral College was constituted in 1789 and George Washington from Virginia State was elected as the president with 69 votes (Reichley, 2000 p. 29). His vice president was John Adams of Massachusetts. After assuming office, Washington chose Thomas Jefferson as the secretary of state an d Hamilton as secretary of treasury. These two posts were very vital in the administration of the state thus the holders of these offices were close confidants of the president. Hamilton as the secretary of treasury was involved in making policies on development and as such he embarked on an ambitious economic program of ensuring the national state remained dominant or in control. The program involved assuming national and state debts by the federal government, establishing a national bank and levying taxes especially on whiskey (Reichley, 2000 p. 30). His philosophy was the inclusion of business interests as part of ensuring rapid economic growth in the belief that the support for commerce and manufacturing was for the benefit of all citizens. However, some individuals thought that he was reverting to the monarchical era and criticized him for placing less value on social equality which is one of the principles of the constitution. Though he conceived that there may be an abuse of power if too much power is placed on national government, he also believed that the civil society could remedy the situation (P. 30). The national bank was of such importance that different factions kept arguing about whether it should exist or not. Some individuals mostly republicans were also opposed to the idea of the federal government assuming debts and making workers pay high taxes to recover such debts. The only people who profited from such a move were speculators who had expected high

Youth human rights perspective case study Essay

Youth human rights perspective case study - Essay Example In a lawsuit filed against the Department of Education of Hawaii or DOE as well as the Hawaii Board of Education, filed as a class action suit on behalf of three homeless families by the American Civil Liberties Union of Hawaii Foundation or ACLU Hawaii, Kaleuati III and the other plaintiffs alleged that actions by the Board and by the DOE, the matter of contention is the discrimination that children of homeless families faced, which made it difficult for them to acquire an education on the same footing as children from families with homes. The lawsuit prospered, and in the end the DOE took the course of coming to terms with the plaintiffs and with the lot of the homeless of Hawaii via a case settlement, rather than having to face the prospect of a long-drawn legal process where the outcome seemed to in favor of the homeless families/plaintiffs (American Civil Liberties Union). The lawsuit is interesting for the way Kaleuati III and the other plaintiffs argued that although legislation exists that was supposed to protect the rights of such homeless children to access to education on par with the access given to children from families with homes, practices and decisions by the DOE and by the Board relating to the education arrangements of homeless children had the effect of circumventing the law. The effect is that by intention or not, the rights of the children to equal and effective education access were violated. The law referred to here is the so-called McKinney-Vento Homeless Assistance Act, which has the following provisions: 1) funding to support homeless children equal access to education in public schools; 2) children are to continue to go to the schools they attend at the point of homelessness; 3) children are to be enrolled right away even without required enrollment documents; 4) the DOE is to provide means of transport to homeless children even when they move to other places to seek shelter

Impact of Major Ideologies on World Systems Essay

Impact of Major Ideologies on World Systems - Essay Example Systematic ideology integrates all cognitive processes whether logical or illogical, true or false that defines the character of humans explained in theories, assumptions and intuitions. Through these analyses systematic ideology tries to explain why people act the way they do whether subconscious or deliberate. There are a few Major ideologies that have been identified and described by Walford George. They have the greatest impact on world Systems. A World System is a social organization with restrictions, structures, members, legislation and understanding. A world system is also broadly defined as a world economy. There are several world system types that have evolved due to peoples beliefs in the ideologies. Some of the distinct systems are; Anarchism, Socialism, Liberalism, Marxism, Feminism, Capitalism, and Fascism among others. The following is a look at the major ideologies and their impact on world systems. Most of the arguments placed before these ideologies are open to criticism and are not final verdict on the course of world systems. However these are analysis of very respected social analysts like Wallerstein. This ideology explains why different people all tend to choose to do tasks that appear to be easier in carrying out and is readily available. Expedient idea is concerned with what happens immediately rather than analyzing past experiences to predict the future (Blake1991). Power is believed to belong to the people and hence most people take steps out of expediency. This ideology is therefore not systematic. Dominion Ideology Describes why people would develop principles, commitments, devotions, and discipline. The thought of people here is based on two options; either False or true, good or bad, sacred or secular and subject or ruler among other options (Blake1991). The impact of such ideology on world systems is that there results in loyalty leadership in politics as well as what is described as conservative. Precision Ideology This ideology is described on the basis of Knowledge, Sense and accountancy. Character is determined by knowledge and belief in ethics, traditional values and compliance. Such ideology allows rational addressing of issues such as humanism, Skepticism, suffering and free thinking as their most important concerns. In terms of political administration, precision ideology tends to be inclined towards the liberal (broadminded) leadership and the inexperienced Bureaucracy. Reform Ideology This ideology is defined by the need for a slow but sure philosophical change; this discusses evolutionary discipline and gradual communism, free thinking under such thought leads to development of leaderships that embrace socialism and communism (Blake1991). In terms or religious belief people may tend to be atheistic, mystical, inspirational or cryptic religious practices. This inspires the world to have internal interrelations hence encouraging corporation. Revolution Ideology This ideology brings about socio-economic conflict by presuming economic and social classes. This conflict can only be resolved by revolution (rebellion) and violence should the need to arise. These values are established aggressively against conservative ones dominating over them and hence ruling them. Such ideology can lead to leadership that is more class oriented as in Marxism where economic

My Experience and Understanding of Adventure-Based Counselling Essay Example for Free

My Experience and Understanding of Adventure-Based Counselling Essay According to Neill (2004), ‘Adventure therapy is the use of adventure-based activities and/or adventure-based theory to provide people with emotional and/or behavioral problems with experiences which lead to positive change in their lives.’ Adventure therapy is also â€Å"programming aimed at changing [specified] dysfunctional behavior patterns, using adventure experiences as forms of habilitation and rehabilitation† (Priest Grass, 2005). The underlying philosophy of adventure-based counseling (ABC) is experiential education and it stresses on one’s personal improvement through full value contract, adventure wave and challenge by choice (Schoel, Prouty Radcliffe, 1988). After several lectures, different skills were explained and even applied on ourselves. In this essay, these theories and experience will be discussed. Adventure-based counseling is part of the means of experiential learning. Educational psychologists usually define learning as â€Å"a change in the individual caused by experience† (Slavin, 1986, p.104). Through various experiences, people can learn from them and gain personal growth. Kolb (1984) suggested an experiential learning cycle, pointing out four essential elements of experiential learning, which are experience, review, conclusion and planning. Applying to Adventure-based counseling, experience means some challenging activities for groups or individuals. Review means encouraging individuals to reflect, describe, communicate and learn from the experience. Conclusion means concluding past and present experiences and planning means applying new learning in the future. There are several learning theories explaining how experiences can lead to learning, which means behavioral changes or cognitive developments. Operant conditioning proposed by Skinner states that successes, praise, positive feedbacks or rewards can act as positive reinforcers so that the subjects would be reinforced to act the same way again. Similarly, failures, punishments or negative comments would act as negative reinforcers which deter the subjects to act again (Skinner, 1968). In adventure-based counseling, participants would face some challenges and act. Some actions would lead to positive results, which would further reinforce participants to act in the same way when they face similar situations again. Some actions lead to negative results, which make them aware and change their behaviors next time. This can be applied also to changing of personalities and problem-solving skills. Undesirable personalities will be discouraged by failures or negative feedbacks while desirable personalities will be reinforced. Bandura suggested social learning theory that people can learn through observational learning and modeling (Bandura, 1986). Through observational learning, people would imitate others’ behaviors and learn from others’ successes or failures. In adventure-based counseling, when participants face the challenges individually, they would imitate what other participants do, or take others’ successes and failures in dealing with the challenges as example. So when they face the challenges, participants would improve along the sequence. When encountering group challenges, participants would imitate the socially desirable behaviors of their group mates or remind themselves not to behave socially undesirably after observing their group mates’ failures. This can enhance participants’ social skills. In cognitive aspect, James Coleman (1977) differentiates between the information assimilation process of the regular classroom and the experiential learning process. In traditional classrooms, knowledge is taught to students through direct instruction and they simply memorize the knowledge. Through information assimilation, the learners are expected to move from cognitive and symbol-processing sphere to the sphere of action through applying the general principles learned into novel situations. Experiential learning is in a reversed order, which involves actions sufficiently repeated that the learner is able to generalize from the experience. However, it is more etched into the brain as the learning can be associated with concrete actions and events, not just abstract symbols or general principles (Mllre, Priest, 1990). There are some important principles of adventure-based counseling, namely â€Å"Full Value Contract† and â€Å"Challenge by Choice† (Schoel, Prouty Radcliffe, 1988). â€Å"Full Value Contract† means an agreement among group members to value one’s own ideas and needs without ignoring or discounting others. â€Å"Challenge by Choice† means ‘individuals can choose their level of participation in any activity.’ (Neill, 2007) During our lectures, our lecturer Lau Sir has explained different theories by involving us to play games. After playing games, Lau Sir would explain how the games worked, the meaning of different procedures, and what can we learn throughout them. In the first lecture, a game ‘throwing the chicken’ was played. It is an ice-breaking game, aim at knowing the names of group members. Although it is a very easy game, it has lots of micro-skills included. At the beginning, Lau Sir has asked did anyone feel afraid of the chicken, which could show his caring to the participants, in order to build up the relationship between the leader and the participants. After one round of the game, Lau Sir required the participants to repeat the process, but with a faster speed, the participants would then move their chairs towards the center. This is using indirect intervention method, helping them to get closer and involve more into it, without directly telling them to sit closer or involve more. The other micro-skill ‘Challenge by Choice’ was also frequently used during lectures. For example, the ‘throwing the chicken’ game in the first lecture, the ‘trust ladder’ in the second lecture and different games during the overnight camp. All of these may only be just simply asking the participants that whether they want to play, but it was vital as it shows the respect to the participants. These skills were the easiest thing being omitted, but without it, the counseling work may be affected or even have some adverse effects. Although half of the lectures have passed, there is one more High-event Challenge Day and several lectures. I am looking forward to learn more different skills in counseling and leading games. Reference List Bandura, A. (1986). Social foundations of thought and action: A social-cognitive theory. Englewood Cliffs, NJ: Prentice-Hall. Coleman, J. A. (1977). Differences between experiential and classroom learning. In M. T. Keeton (Ed.), Experiential learning: Rationale characteristics, and assessment, pp. 49-61. San Francisco, CA: Jossey-Bass Publishers. Kolb, D. A. (1984). Experiential learning: Experience as the source of learning and development. Englewood Cliffs, NJ: Prentice Hall. Mllre, J. C. Priest, S. (1990). Adventure education. State College, DA: Adventure Publishing. Neill, J. (2004). Adventure therapy definitions. Retrieved from http://www.wilderdom.com/adventuretherapy/adventuretherapydefinitions.html Neill, J. (2007). Adventure-based counseling (ABC). Retrieved from http://wilderdom.com/ABC/ Priest, S., Gass, M. (2005). Effective leadership in adventure programming (2nd ed.). Champaign, IL: Human Kinetics. Schoel, J., Prouty Radeliffe,P. (1988). Islands of healing. A guide to adventure based counseling. U.S.A: Project Adventure. Skinner, B. F. (1968). The technology of teaching. New York: Appleton-Century-Crofts. Slavin, R. E. (1986). Educational psychology: theory into practice. Englewood Cliffs, NJ: Prentice-Hall.

The Great awakening Essay Example for Free

The Great awakening Essay The Great Awakening as a marker for a cultural and religious upheaval did not appear immediately, but in scholastic research on religion in the eighteenth century, the time reflects the complexity of attitudes toward, and consequences of, religious activity in the African American communities. Taken in total, the landscape of Black Christian images presented a vast picture, still incompletely realized, from the earlier and persistent view of a monolithic vision accepted by many. Possibly only to save a few rationalists or extremists could see a different scenario. After his own religious conversion, Richard joined the Methodist Society, began attending classes, and evangelized his friends and neighbors. Richard and his brothers attended classes every week and meetings every other Thursday. A. M. E. leaders began to use both written biographical materials and public commemorations of Allens life to instill a sense of history and tradition among the largely illiterate masses. Their complementary use of public commemorations and written accounts of Allens life during this period suggest a more general attempt among Black leaders to bridge the overlapping worlds of morality and literacy in order to establish a sense of tradition, an empowering historical memory, and a pantheon of Black heroes who might one day gain their rightful place in the national pantheon. (Conyers, 1999) Notwithstanding its name, the AME Church was clearly the most respectable and orthodox of black American independent churches. While some recognizably African elements surfaced in services, AME leaders tended to disdain if not actively to suppress those beliefs and practices that scholars today celebrate as signs of Africas persistence in the New World. The whole point of racial vindication was to demonstrate blacks capacity to uphold recognized standards in their personal and collective lives and thereby to hasten abolition and full inclusion in American society. Surely people interested in connections between black America and Africa should look elsewhere than the AME Church. Historically, the first separate denominations to be formed by African Americans in the United States were Methodist. The early black Methodist churches, conferences, and denominations were organized by free black people in the North in response to stultifying and demeaning conditions attending membership in the white-controlled Methodist Episcopal churches. This independent church movement of black Christians was the first effective stride toward freedom by African Americans. Unlike most sectarian movements, the initial impetus for black spiritual and ecclesiastical independence was not grounded in religious doctrine or polity, but in the offensiveness of racial segregation in the churches and the alarming inconsistencies between the teachings and the expressions of the faith. It was readily apparent that the white church had become a principal instrument of the political and social policies under girding slavery and the attendant degradation of the human spirit. In all fairness, without exception, Richard Allen embodied the assertive free-black culture that was maturing in the North by the 1830s. Despite criticisms of his domineering manner and personal ambition, Allen had attained by the time of his death in 1831, a position of respect among his people that was rivaled by very few of his contemporaries.