The Anzac Legend An Important Aspect Of Our Identity Essay

The Anzac legend is an important aspect of our identity as a New Zealander. We have every reason to be proud of this historical event. In saying this, many New Zealanders died for us (as New Zealanders) and for our country, in order to give us a chance for a good life and be able to make a success of it. This essay will examine reasons of the Anzac legend and how it has been incorporated into the New Zealand identity. One aspect that this legend evaluates its place in our national identity is our pride. Our pride is shown immensely through the Anzac services that are both commemorated here in New Zealand as well as Gallipoli. We as New Zealanders are so proud that even though we did not succeed in the battle of Gallipoli, we made an effort to fight as brothers in arms until the very end. We acknowledge this proud moment in our history as that is how people recognise and identify us as New Zealanders. Another aspect that made our identity incorporated with the Anzac legend was our Ing enuity that we as New Zealanders were and are still well known for. The other point that makes our identity unique with the Anzac legend was the bonding with our fellow comrades, such as the Australians (as the corps was known as the Australian New Zealand Army Corps). New Zealand has had a long and positive relations with our neighbour Australia, especially during the time of the Gallipoli war. The bonding with the Australians was very important during this battle as they had to rely on eachShow MoreRelatedThe During The First World War3114 Words   |  13 Pageshealthiest and fittest men were enlisted. Australia was a very young nation in 1914, it had only recently formed to become a federation of states from what had been a collection of British colonies. At the time that of the First World War, it is important to note that most Australians were of English descent and Australia s wartime Prime Ministers Andrew Fisher and William Hughes had both been born in Britain suggesting that these factors drew a strong allegiance to Great Britain. Politicians alsoRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesbrutal oppression reached once unimaginable levels—in large part due to the refinement or introduction of new technologies of repression and surveillance and modes of mass organization and control. Breakthroughs in the sciences that greatly enhanced our understandings of the natural world and made for major advances in medicine and health care were very often offset by the degradation of the global environment and massive spurts in excessive mortality brought on by warfare, famine, periodic genocidal

The Efficacy Of Group Exposure Therapy - 1169 Words

Introduction to the Problem Given the high number of service members returning home with Posttraumatic Stress Disorder, PTSD, from Operation Iraqi Freedom, OIF and Operation Enduring Freedom, OEF, it has been priority of the Military Health System and Veterans Affairs to identify and implement effective treatment (This is the military, 2014). Exposure therapy is the practice of flooding the client with images of their traumatic experience in an effort to desensitize them, and help control and reduce their anxiety (DiMaurio, 2014). This essay will discuss the efficacy of group exposure therapy when administered to patients with PTSD, specifically OIF and OEF veterans and service members. The outcome in successful studies will result in a decrease in PTSD symptoms. The applicability of the results and implementation of the treatment in alternate settings will also be discussed. Literature Synthesis Participants Methodology Two studies analyzed the efficacy of group- based exposure therapy. Ready et al. (2012) held three groups of ten participants with primarily war related induced PTSD. (Ready et al., 2012). Castillo et al. (2012) study treated 77 woman veterans with primarily sexual abuse related PTSD. All patients were selected from local VA clinics in the southern United States. DiMauro performed a meta- analysis on 26 studies, with an average gruop size of 5 participants, to determine the efficacy of exposure therapy in treating PTSD (DiMauro, 2014). All studiesShow MoreRelatedThe Efficacy And Effectiveness Of Social Anxiety790 Words   |  4 PagesThe substantial evidence for the efficacy and effectiveness of CBT is based primarily on studies looking at â€Å"standard† CBT interventions, which typically consist of 11- 18 weekly sessions. In general, the field of psychotherapy has been shifting toward brief, more intensive approaches in order to reach more patients and become more cost-effe ctive (Ost and Ollendick 2017). Further, recent studies have suggested that for exposure to be maximally effective, it should be delivered in sessions that areRead More Post-Traumatic Stress Disorder 962 Words   |  4 Pagesnightmares related to the trauma) and Cognitive Behavioral Therapy (CBT), which is the most effective treatment for PTSD. According to the National Institute of Mental Health (NIMH), â€Å" Cognitive Behavioral Therapy is a form of psychotherapy designed to help a person develop a more adaptive response to a fear† (NIMH-CBT). CBT is essentially a combination of two therapies, cognitive therapy and behavioral therapy. Cognitive therapy focuses on the person’s thoughts and beliefs and how thoseRead MoreDifferent Treatment Methods For Generalized Anxiety Disorder1432 Words   |  6 PagesBurton et al., 2015). It is there for important to evaluate different treatment methods that directly target problem areas associated with GAD. Treatment methods evaluated in this essay include; duloxetine; cognitive behavioural therapy (CBT), and acceptance-based behaviour therapy (ABBT). It will be argued that CBT is the most effective short and long-term treatment for GAD. Ryann, Russell, and Raskin (2008) examined the effectiveness of Duloxetine â€Å"a selective serotonin (5-HT) and norephedrine (NE)Read MoreEffects Of Vred Exposure1310 Words   |  6 PagesIn order to explore the efficacy of VRET we investigate its effect on reducing symptoms of PTSD and compare it to prolonged exposure. Prolonged exposure (PE) is considered a gold standard in PTSD treatment due to the significant evidence supporting its efficacy (Rothbaum, Hodges, Ready, Graap, Alarcon, 2001; Powers et al., 2010). So far there have been seven studies comparing the effects of VRET to PE in treating PTSD. The control group in these studies involvs traditional PE in which patients re-experienceRead MoreThe Effects Of Exposure On Persons With Social Anxiety Disorder Essay1636 Words   |  7 Pagespost- treatment effect in persons with social anxiety disorder: with effects ranging from moderate to large. These effects were larger in within-group interventions than in waiting-list in terventions, and follow up studies done up to 12 months after treatment showed a retention of these effects. Generally, the use of cognitive restructuring and exposure was shown to have better results than the use of other interventions, and their combinations with cognitive restructuring. However, Rodebaugh reportedRead MorePtsd In Veterans Essay1248 Words   |  5 Pagestreatment facility, including increasing the number of sessions per week, combining group and individual therapy, and augmenting the treatment with cognitive rehabilitation. However, their research was marred with the use of few participants which provides doubts regarding the outcome of the proposed treatment procedures. Moreover, the researchers do not state with certainty as to the effectiveness of psychoeducational groups. Dickstein et al. (2010), on the other hand, presented a clear research whichRead MoreThe Most Damaging Types Of Trauma1730 Words   |  7 PagesIntroduction In the immediate, as well as long-term aftermath of exposure to trauma, children are at risk of developing significant emotional and behavior difficulties (CWIG, 2012). The most damaging types of trauma include early physical and sexual abuse, neglect, emotional/psychological abuse, exposure to domestic violence and other forms of child maltreatment (Hoch, 2009). Research has shown that children that are exposed to these types of trauma will experience developmental delays includingRead MorePre Exposure Prophylaxis ( Prep )1133 Words   |  5 PagesPre-exposure prophylaxis (PrEP) consists in the use of oral ART (either tenofovir alone, TFV, or in association with emtricibine, TFV/FTC) or topical vaginal TFV gel to prevent HIV transmission. This intervention was initially proposed following previous research that showed ART as an effective way to prevent transmission (i.e. prevention of mother-to-child-transmission, MTCT, treatment as prevention strategy, TaP, and in the context of p ost-exposure prophylaxis, PEP) (1, 6). Since 2012, followingRead MorePost Traumatic Stess Disorder1465 Words   |  6 Pagesgrouped and others say there are four categories. They all agree on these three groups so I’m going to give you those. The First group is called re-experiencing; the symptoms within this group are: frequent memories of the event, nightmares, flashbacks, stress when reminded of the event, and a physical response to the reminders of the event. The second group is called avoidance symptoms; the symptoms within this group are: To avoid thoughts conversations or feelings about what happened, avoid peopleRead MorePost Traumatic Stress Disorder ( Ptsd ) Essay915 Words   |  4 PagesDebriefing (CISD). As explained by Lilienfeld (2007), CISD, is typically administered in group therapy within 24-72 hours of the traumatic event with hopes of preventing symptoms associated with PTSD. In most cases CISD is only one session that usually lasts for 3-4 hours. During the session, group members try to get in touch with their emotions, discuss them with the rest of the group, and warn the other group members about the symptoms they are likely to encounter (Lilienfeld, 2007). CISD being effective

Swot Dropbox Free Essays

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KIAI Marketing Plan Essay Sample free essay sample

* Executive sum-upKiai Marketing Group ( Kiai ) . which is founded by Roger Mills who are a pupil at the University of Western Ontario ( Western ) . London. Ontario. is a freshly little house aimed at supplying advanced selling solutions to London concern. With the development of the engineering. the university category now has changed a batch than earlier. Laptop replaced paper and write as to go a common tool for taking notes and seeking information during the university category. Mills has founded that a bulk of Western’s 30. 000 pupils used laptops in the schoolroom and around campus. Based on these possible advertisement media. our firm’s merchandise is to take advantage of the clean backup of laptop palpebras which were fresh advertisement infinite by utilizing a laptop tegument that is designed by Mills. Our firm’s end is making a net income of $ 5. 000 for the first twelvemonth. allow 80 % pupils know Kiai and 50 % pupils seting ads in their laptop palpeb ras. * Current selling state of affairsMarket descriptionAs the 10th largest metropolis in Canada and the 6th largest metropolis in Ontario. the population in London is over 430. 000. What is more. for the ground of its location and is besides a major hub for wellness attention in Southwestern Ontario and place to both the University of Western Ontario ( Western ) and Fanshawe College. it attracted a big sum of pupils around the universe. In other words. the more pupils in London. the more laptops here. the more advertisement we can set on the laptop lips. Additionally. the local little concern in London got the highly encouraging by the municipal and provincial authoritiess. This will truly profit for our group which is direct targeting of pupils at Western. In fact. our merchandise is a originative merchandise that is unprecedented. The market is ever attracted by the new things. besides. our merchandise can do net incomes both for the advertizer and the pupils. Product reappraisalOur merchandise is pretty easy to bring forth and got from our clients. We’ve already contacted with a little. one-man operation in business district. London to bring forth a laminate stuff. it can easy be applied and removed from laptop palpebras by utilizing a white adhesive backup. Not merely is it convenient for pupils to set it on their laptop palpebras. but help the advertizer to salvage the costs. CompetitionThere are a batch of advertisement media in London. some of them are outside of the university such as the London Free Press. It is the London’s major day-to-day newspaper which attracted about 226. 000 readers each weekday. 250. 000 on Sabbatums and 140. 000 on Lords daies. Although it has legion readers and the pricing information of it is confidential. the cost of posting advertisement on it is so high that is non suited for concern aiming for pupils. Because the power of university students’ ingestion is non really high. the merchandise that sold to them would non be so expensive. so it is non cost-efficient for a house that aiming university pupils by advertisement on London Free Press. Some of the rivals are around the university such as Western intelligence. The Gazette. Orientation Week Packages and Immobile Poster Campaigns. The similarity of these media is they are easier to make out the pupils. However. the monetary value of advertisement is non inexpensive. The monetary value in the Western News is ranged from $ 31. 64 for a two-inch-wide advertizement to $ 497. 20 for a full half page. Ad in the Gazatte for one hebdomad ranged from $ 120. 40 for one 16th of a page to $ 1. 430 for a full page. A cost for â€Å"Welcome to Western† and placed business’s logo on the 5. 000 wash bags given to freshman pupils is $ 3. 000. The cost of immobile posting runs in the Western is $ 110 per month due to the figure of frames and specific locations. Compared to these traditional advertisement media. non merely does our merchandise is originative. but we besides save costs. By and large. university pupils are fond of new things. this sort of advertisement would pull more meaningful feelings compared to the criterion. Furthermore. Kiai is a company which has an first-class research of the Western pupils including demographic of the Western. it will be a strong advantage to th ose houses which experienced small to the Western. DistributionThere are 5 different ways of distribution for our company’s merchandise. First. a trade show called Bridge to Better Business would be held in London for two yearss in August. It provides local little concern proprietor to exhibit their merchandises to around 500 to 1500 attendants. Mills would hold to fix our ain show. lighting and signage at an estimated cost of $ 250. Second. the Small Business Center ( SBC ) in London. provides concern proprietors some concern activities that we truly need. But the cost of rank at the SBC is non inexpensive and we have to publish off informational booklets and concern cards. So this could be the option. However. the SBC besides hold workshops. networking events. seminars and meet-and-greet events for local concern proprietors to discourse. Mills will go to a lower limit of 20 Sessionss to â€Å"get his name and the concern out there† . and he would besides publish off concern cards to prospective clients. Then. we use the most traditional method which is direct gross revenues. Mills would convey at least 100 transcripts of informational booklet and 250 concern cards. fliping to local concern proprietors face-to-face or cold-calling them. At last. we will develop a professional web site for possible client. on history of we are a new company professional web site would assist us acquire much-need credibleness for future development. * Threat and chance analysisThe menace would be the cost of running a group. All of the prophase cost will be purchased ourselves. In add-on. the squad is non so large that we don’t have adequate work force to implement all parts of our concern. The traditional advertisement media such as newspaper. Television. broadcast medium station would be a large challenge for us. For chance analysis. on the one manus. the service we provide is alone. no 1 does before. it is a originative things which could pull more attending in university pupils. On the other manus. we got an first-class research of the Western pupils demographic. We could reach and understand more than other companies outside of the Western. * Aims and positioning schemeIn the following 1 twelvemonth after get downing the Kiai concern. making a net income end of $ 5. 000 for the twelvemonth. be familiar with at least 80 % Western pupils and allow them cognize Kiai’s services. at least 50 % pupils seting ads in their laptop palpebras. Our services is alone. the university pupils would easier to accept this sort of advertizement. It is typical and profitable for both the pupils and the advertizer. * Marketing scheme and tacticsAlthough it is hard to mensurate the effectivity of a new advertisement run. we are confident that Kiai’s signifier of advertisement would do more meaningful feelings compared to the criterion. more traditional advertizements offered by the competition. For the ground those companies experienced trouble making the university demographic. which Kiai has got. We plan to cover over 50 % popularity at the Western. over 30 % in London. pull more than 100 advertizers. research new engineering that could use and take more convenient than now. * Action plan– Find advertizer harmonizing to the distribution of the selling program. – Advertise in the Western including seting up postings. passing out concern cards. advertise on the facebook chirrup and university’s web site. stating friends and pupils at the Western. – Runing the concern with the advertizer and pupils. act as an intermediary man of affairs. * BudgetsTrade shows $ 250Small Business Centre Networking $ 360Websites $ 750Informational booklets $ 50Transcripts of posting ( 50 x 0. 5 + 50 ten 0. 25 ) $ 37. 5Business cards $ 50Hire employees ( 4 x 500 ) $ 2. 000Others $ 1. 000Entire $ 4497. 5 * ControlsFollowing stopping point to the line of the budget that listed above. don’t excess the budget. maximising the benefits.

To What Extent Does the Ending of Othello Fulfil the Audience Essay Example

To What Extent Does the Ending of Othello Fulfil the Audience Paper To what extent does the ending of the play fulfill the audiences expectations of tragedy? As an audience, we have expectations as to how certain genres should operate guidelines as to how we envision situations should unfold in order for us to feel comfortable and/or satisfied with what we witness. Shakespearean Othello is a classical tragedy in which Othello, a noble and well respected general In the Venetian army, Is manipulated and thus corrupted by Ago, a malcontent scorned by his less significant position within society. The demise of the tragic hero is recognized wrought the manipulation of the antagonist we are introduced too man who at first appeared noble and strong, but as the play progresses falls victim to his own flaws. Aristotle poetics provide us with perhaps the most notable form of tragic structure. He states that tragedies draw upon three significant qualities; hubris, nemesis and catharsis. Hamster often a result of hubris, extreme pride Is the beginning of the play in which we are introduced to the respectable main character, as well as the tragic flaw which is to be his downfall. We will write a custom essay sample on To What Extent Does the Ending of Othello Fulfil the Audience specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on To What Extent Does the Ending of Othello Fulfil the Audience specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on To What Extent Does the Ending of Othello Fulfil the Audience specifically for you FOR ONLY $16.38 $13.9/page Hire Writer From this the character will proceed through nemesis, in which they will gain self knowledge and remorse for their fate, which cannot be undone. The hero should here suffer a reversal of fortune in which he experiences great suffering, resulting in his death. The principle of all of this is to evoke catharsis from the audience, a feeling of overwhelming emotion created by witnessing such a downfall of a character, ultimately ending with the audience feeling cleansed, comfortable with the knowledge that all witnessed situations may be resolved. There is some evidence of this principle throughout Othello, particularly thin Othello final monologue as he likens himself to the base Indian, who threw a pearl away, richer than all his tribe. This is a metaphor, epitomizing the statement that you do not know how precious something Is, until it seems It Is gone. It is at this time Othello reveals his anguish over his loss of Desman, as well as his regret of having murdered her without truly contemplating his actions. This reminds the audience of Othello humility and how even he, can be destroyed by even the most common of human emotions. Othello realization of his mistakes should, in practice, deem the admiration felt by the audience before his downfall, an essential factor for catharsis. However it could be argued that Othello use of metaphorical language to demonstrate his grief Is a way of distancing himself from the reality. It could be argued that Othello Is unwilling to accept responsibility for the murder of his love and is instead using language to manipulate the audience into lessening his accountability. This is evident as Othello states he has done the state some service, and they Knott it seems here that he is attempting to manipulate those present, ether smugly claiming that although he may have murdered, he has, in the past, fought for their lives and perhaps they owe it to him to dismiss the situation. I nurturing toneless Tall moments we are reluctance to ten noodle, unrolled man seen within earlier acts. His language begins to take on the romance of his earlier speech l have but an hour of love To spend with thee, we must obey the time reinstating the audiences original beliefs that Othello is indeed a man worthy of admiration, a man who doesnt conform to their ideological tragic hero, but who ay in fact be worthy of such a title. It is through the audiences recollection of Othello earlier mannerisms that catharsis is eventually evoked, particularly within the lines; I kissed thee ere I killed thee. No way but this, Killing myself to die upon a kiss The change in Othello speech is welcomed by the audience as whilst under Lagos influence, Othello language seemed to mimic his demise l would have him nine years a killing! His language here seemed chaotic; his sentences become fragmented as his language consists of considerably more obscenities. As well as this Othello begins to use bestial terms and imagery; O, I see that nose of yours, but not that Dog I shall throw it to At this point his speech appears much more suited to Lagos mouth, perhaps a conscious decision by Shakespeare the adaptation of Othello speech is merely a signifier, allowing the audience to fully comprehend the effect of the malcontents manipulation. Moreover, in portraying Othello in such a barbaric manner, the audience is able to engage with the protagonist as he finally recognizes his mistakes. In the softening of his lexis, Othello seems to express his remorse for the death of his fife and thus the audience feel comfortable antipathies with the character, however short-lived the empathy felt may be. The death or sacrifice of a hero is essential in regards to the structure of a tragic play, and so Othello suicide is pivotal in the success of the play within this genre. Often within tragedies death is used to resolve the crisis and to, in general terms, conclude the circumstances which have transpired throughout without death, Othello simply would not be a tragedy. However, the cowardly reasons surrounding the death of Othello perhaps his suicide was a quick escape teamed with the lack of explanation as to why these scenarios occurred, cause the audience to acknowledge a lack of pathos in regards to the tragic hero the death does not provide the closure it intends to and instead arouses slight confusion. This however, is not to be misconstrued; the death is in no way an anti-climax, the audience is satisfied with the fact that Othello is dead and is comfortable with the knowledge that the play has followed the course of which they expected; however this does not seem enough as the antagonist lives on. Many other of Shakespearean creations follow this same root the audience witness the downfall of the tragic hero and thus, eventually, his death. In Machete, Tort Instance, we wellness Nils meals, ten corruption Installed y e malcontent his wife, a character with many similarities to Ago and finally his death. However despite the wrong Macbeth commits, a sense of pity and sorrow is evoked from the audience, ultimately resulting with catharsis. The plot seems complete and we are quite content with the outcome. Othello, however, when compared with Macbeth, does not have this effect. The audience, I believe remain baffled by Othello disillusion regarding his actions, he remains true to his belief that he was motivated, not by revenge but out of a sense of Justice. He appears to believe he had committed an honorable murder and so is still unwilling to accept responsibility for the wrongful death of his wife, Desman. In addition to this, it is paramount within a tragedy for the tragic hero to be the protagonist. This structure is evident within Macbeth; however it seems here, as A. C Bradley said, that Othello is Ago in action. The audience feel closer to Ago; they feel hey understand him when other characters do not; the audience, perhaps due to his soliloquies, are fascinated by him. It is Ago the villain who is left standing at the very end of the play. Ago ends his role with, however little there may be of it, dignity. He chooses to never speak word and so he does not, unlike Othello whom instead opts to end his life. I would then argue that this prevents the play from truly inspiring the audience to feel admiration and commiseration towards Othello they do not know him in such a way they do the antagonist and they therefore are unable to aspect him in a way he, perhaps, deserves. However in contrast to this, I believe the audience is also left dissatisfied by Ago, as he refuses to provide both us and Othello with reasons for his actions; Demand me nothing. What you know, you know From this time forth I will never speak word Aristotle once said that tragedies should excite pity and terror, and although this statement may be true in relation to the plot of the play, I feel that Lagos refusal to enlighten the audience with the reasoning behind his behavior, means we are ended the chance to fully understand the situation and thus are unable to fully immerse ourselves in any emotion of which the both Ago and Othello position could evoke. It is disappointing to learn of Lagos lack of compassion. His language The lusty Moor Hath leaped into my seat; the thought whereof Doth, like a poisonous mineral, gnaw my inwards; and nothing can or shall content my soul till I am evened with him had conveyed such intense resentment, that we, as an audience, were excited, we languished the opportunity to learn more of Lagos bitterness. It was satisfying for the audience to assume that Lagos actions were committed due to his insecurities l am worth no worse a place regarding Nils Interior social standing. I Nils presumption In itself rouses pity, however as we learn of Lagos lack of reason behind his behavior, we are saddened not with empathy, but with disappointment at having received no opportunity to reinstate our belief in humanity. We are therefore unable to fully achieve catharsis. T S Eliot, said there has never been a more terrible exposure of universal human weakness than in Othello. I fully agree with this statement. His Jealousy, his passion, even his love aids in the murder of Desman and thus his own death. Philip Sydney claimed that in order for a play to succeed in the realms of tragedy, they must opponent up the greatest wounds and showed forth the ulcers That with the effects of admiration and commiseration, teacher the uncertainty of the world. This is clearly evident. Othello humanity his ability to love with such passion is exposed as his ulcer. As well as this the mere principle that these emotions have the ability to create such disastrous events, causes the audience to wonder at such uncertainties of the world. However in contrast to this, I argue that the play fails in evoking the admiration which is expected of the tragic hero. Othello language, as well as his suicide, could be interpreted as a lack of remorse for his deeds. This, teamed with the little knowledge the audience actually have of their supposed hero, makes it incredibly difficult for them to feel any sort of sincere emotion towards Othello, ultimately rendering him an outsider to the audience, as well to those around him. He is repeatedly portrayed throughout the play as a foreigner The Moor originally evoking sympathy from the audience. However, eventually, Othello fear of his foreign identity highlights his vulnerability and thus proves to be his undoing, not only with his comrades, but also the audience, as we are unable to provide the pathos needed for a satisfying ending. Therefore it is my understanding that although some of the audiences expectations of tragedy are realized; the ending of the play fails to culminate in the rush of emotion expected in tragedy the audience leave feeling disconcerted at the loss of a conclusion, anything but cleansed.

Free Essays on Constitutional Creation

The original Constitution of 1787 created a government elite working with a private sector elite. Although this type of government is mostly just, it has some unjust aspects. In a government elite working with a private sector elite, the minority of wealthy property owners governs; furthermore, the national government is strong enough to protect the haves from the have-nots. The government also serves to protect wealth and private property. The eleven years before it was written, the 55 men who wrote it, and the philosophy of the era all influenced major aspects of the Constitution of the United States, the supreme law of the land. The eleven years prior to the writing of the Constitution, was an era of creditor vs. debtor. During this time period, the states suffered inflation, poor interstate commerce, and rebellions. When the debtor class of farmers was unable to pay back the creditors, the states printed money and gave it to the debtors to pay back their debts. This led to inflation and worthless money. Many debtors, however, took matters further into their own hands. For example, Daniel Shay burned the courthouse to protest the foreclosure of his farm. The states also set barriers of trade from other states, which ruined the economy further. The creditor class was in danger, and according to Capitalist theory, so was the health of the economy (Text, 50). The creditor class realized that the debtors cannot be trusted with the government, and saw the needs of nationalism (Text, 52). After all, the cause of printing money were the debtors anyway; they made up the majority of the people. During this time perio d there existed a very weak national government, and strong democratic state legislatures, who were directly influenced by voter opinion. The debtors put pressure on their representatives to create absurd and harmful laws. To correct the problems, a group of 55 elite men from different states met in Philadelphia, â€Å"for the speci... Free Essays on Constitutional Creation Free Essays on Constitutional Creation The original Constitution of 1787 created a government elite working with a private sector elite. Although this type of government is mostly just, it has some unjust aspects. In a government elite working with a private sector elite, the minority of wealthy property owners governs; furthermore, the national government is strong enough to protect the haves from the have-nots. The government also serves to protect wealth and private property. The eleven years before it was written, the 55 men who wrote it, and the philosophy of the era all influenced major aspects of the Constitution of the United States, the supreme law of the land. The eleven years prior to the writing of the Constitution, was an era of creditor vs. debtor. During this time period, the states suffered inflation, poor interstate commerce, and rebellions. When the debtor class of farmers was unable to pay back the creditors, the states printed money and gave it to the debtors to pay back their debts. This led to inflation and worthless money. Many debtors, however, took matters further into their own hands. For example, Daniel Shay burned the courthouse to protest the foreclosure of his farm. The states also set barriers of trade from other states, which ruined the economy further. The creditor class was in danger, and according to Capitalist theory, so was the health of the economy (Text, 50). The creditor class realized that the debtors cannot be trusted with the government, and saw the needs of nationalism (Text, 52). After all, the cause of printing money were the debtors anyway; they made up the majority of the people. During this time perio d there existed a very weak national government, and strong democratic state legislatures, who were directly influenced by voter opinion. The debtors put pressure on their representatives to create absurd and harmful laws. To correct the problems, a group of 55 elite men from different states met in Philadelphia, â€Å"for the speci...

BUS IP1 Unit 5 Essay Example | Topics and Well Written Essays - 750 words

BUS IP1 Unit 5 - Essay Example This amount translates into US$ 13000. If on the other hand I choose to take the money to the US banks, then I will earn interest of (2/100*12500). This gives an interest of US$ 2500 for that particular year. The total amount that I would have will then be US$ 15000. The above calculations are based on the fact that Irish banks give 4% interest rate per a one year CD while the US banks give a 2% interest per a one year CD. If I choose to keep my winning and cash it into US dollars one year from today, the period during which the exchange rate changes from US$1 for â‚ ¬.80 Euro, to US$1 to â‚ ¬.85, then my overall winning will increase greatly. During that year the amount will have increased by 40 000 Euro and will be 1040000 Euro. This will then be translated into US$12235.294. Given this calculations, I would rather take my winning to USA than leave then in Ireland. Covered interest arbitrage refers to a trading strategy in which an investor takes advantage of the deference in interest rates between two countries. They use forward contract to shield themselves from risks that may arise as a result of exchange rate difference. An investor can choose to use forward premium to take advantage of forward premium in order to earn profit that is free from risk because of the discrepancies in the interest rates of the two countries involved (Madura, 2007). This condition is possible because the parity in interest rates is not always constant. Three economists Robert, Dunn and John have noted that in some cases financial markets gives data that proves not to be consistent with the parity in interest rates (Dunn et al., 2004). They further observed that instances where significant arbitrage profit of the covered interest appeared feasible was, in most cases as a result of assets having deferent risk perceptions, double taxation risks as well as cumbersome controls on foreign exchange. Purchasing power parity refers to the component of economic theories that determ ines the values of deferent currencies relative to each other (Frenkel et al., 1981). This is based on the assumption that one would require the same amount in one currency to buy another currency and proceed to buy a given amount of goods as to buying directly in the original currency. Under this assumption, the number of US dollars required to directly by a given quantity of goods would be the same if the dollars were first converted to Euros before buying the quantity of goods in question. The purchasing power parity concept enables investors to determine the exchange rate required to result into equivalence of the purchasing power between two currencies. In case of inflation in a country, the currency of that country depreciated in value. This means that the currency the currency has a lower value relative to other currency. As a result more of that currency can be converted into smaller number of other currencies. The purchasing power of that currency reduces with increasing in flation. In the year in which my lottery was invested the value of Euro reduced. This is an indication of inflation in Ireland. As I have noted, If I chose to keep my winning and cash it into US dollars one year from today, the period during which the exchange rate changes from US$1 for â‚ ¬.80 Euro, to US$1 to â‚ ¬.85, then my overall winning will reduce greatly. During that year the amount will have increased by 40 000 Euro and will be 1040000 Euro. This will then be translated into US$12235.294 as opposed to US$ 1300 when the