Buying The Pearl Essay Topics

Buying The Pearl Essay Topics The Start of the Pearl Essay Topics A Pearl Harbor essay should ideally have all the info in it about the way the army ready for the counterattack. As the story goes on, the pearl appears to acquire increasingly more evil. It's also essential to note that pearl was a rather beautiful child. It is crucial to remember that Pearl was an extremely clever child. In The Pearl, Steinbeck has proven that he's a master of the usage of symbols. The best method to produce a Pearl Harbor essay introduction is to begin with the definition of Pearl Harbor itself or the overall info of the occasion. It had been attacked by an unforeseen Japanese air raid. Write your Pearl Harbor essay and delight in the greatest grades! Your paper will certainly be the very best in the class! Even if it's an urgent job, you can be certain you will deliver your essay punctually and obtain highest possible grades! At the conclusion of these list, you are going to discover links to a range of argumentative paragraphs and essays. The last write-up ought to be concise with firm language. This way you'd be able to earn the most out of your abilities. If your son or daughter is aware of what clubs or activities he or she would like to pursue in middle school or higher school, topics within this category are a really good choice. The author starts with a rather compre hensive story of an event or description of an individual or place. It is among the most effective sciences on earth. The Basic Facts of the Pearl Essay Topics In conclusion there are lots of symbols within this novel. Symbols like the pearl can carry many meanings for different characters at various times in the novella. Imagine the caliber of writing you'll receive from an inexpensive essay writing service. The perfect way to be sure the success of your youngster's admissions essay is to demonstrate how to select the most suitable essay. Another good idea is to receive some completely free essay examples of different kinds and on various subjects to find a general idea of the way in which a prosperous debatable paper looks. At precisely the same time, it's a fantastic persuasive essay idea. Inspiration to make your own advertising or media argumentative essay topics isn't difficult to discover. Here are a really high number of GWAPE essay topics. Within this novel there are lots of themes explored. Throughout the entire novel lots of the characters represent other ideas. Who Else Wants to Learn About the Pearl Essay Topics? At times it's helpful to observe how others were able to get over the difficult first-line hump. Bear in mind the previous game you watched, analyze the fundamentals of playing. The usage of repetition within this paragraph of Roosevelt's speech proved to be quite clever and useful, as it gives a much increased emphasis for the point being made. When you're picking your topic, bear in mind that it's much simpler to write about something which you currently have interest ineven in case you don't know a good deal about it. The Secret to the Pearl Essay Topics Our top essay writing services in UK is prepared to supply you with excellent service s at an inexpensive price. It will produce the research unique. The more sources that you have, the more vivid of a picture you'll get at the conclusion of the research. The same is true for your research. Top Choices of the Pearl Essay Topics Eventually, pick the topic that you have interest in, because it will supply you with the intrinsic motivation to finish your project. That's why every social issue has to be thoroughly researched. Concentrate on the one which you chose. Writing a research essay means being a specialist in a little area. You should produce an open-ended research question. Exactly like every book should have main motif, your research really needs the principal question that you will answer at the end. Research papers are different from the majority of other kinds of papers since you are attempting to make an argument for yourself and trying to find something to say from your viewpoint.

Essay on analysis of She Walks in Beauty - 1043 Words

Analysis of Byron’s â€Å"She Walks in Beauty† nbsp;nbsp;nbsp;nbsp;nbsp;Lord George Gordon Byron was most notorious for his love affairs within his family and with Mediterranean boys. Since he had problems such as incest and homosexuality, he did not mind writing about his love for his cousin in â€Å"She Walks in Beauty†. Byron wrote the poem after he left his wife and England forever. Byron made his own trend of personality, the idea of the ‘Byronic Hero’. â€Å"Byron’s influence on European poetry, music, novels, operas, and paintings have been immense, although the poet was widely condemned on moral grounds by his contemporaries† (Dick, 54). Overall, the study focuses on the life of Lord George Gordon Byron, imagery, and about the lyrics of†¦show more content†¦Ã¢â‚¬Å"This attitude of self-reliance is a distinguishing characteristic of both Lord Byron and his literary figures† (Parker, 88). nbsp;nbsp;nbsp;nbsp;nbsp;â€Å"She Walks in Beauty† starts off from a traditional picture of a lady as fair and bright. It links with the brightness of daylight, in its comparison of the mistress to the night. â€Å"The distinctive quality of the poem derives not from any departure from the norm but from a graceful elaboration of the conventions of compliment† (Seifter, 82). Avoiding unoriginal or obvious similies, Byron uses metaphors which expresses the idea of a quiet and slight glow. â€Å"The mistress like the night/ Of cloudless climes and starry skies† (ll 1-2), not pitch dark but glimmering with a diffused light† (Seifter, 82). She is like a portrait in â€Å"chiaroscuro†, her face is copied through an interaction of light and shadow. Bhakta 3 Her hazy beauty makes daylight seem bright. â€Å"Imagery drawn from painting continues as a poet discusses the shades, rays, and tints that compose the mistress’s particular radiance† (Seifter, 82). The flowing lines, rhymes, and imagery of light and dark give the impression of elegant and simple compliment. nbsp;nbsp;nbsp;nbsp;nbsp;The poem starts off brilliantly. â€Å"The first four lines are beautifully phrased, and the opening couplet in particular has ingrained itself in the collective consciousness† (Blair, 1). â€Å"She walks in beauty, like the night/ Of cloudless climes and starry skies;/ And allShow MoreRelatedAnalysis Of The Poem She Walks On Beauty 990 Words   |  4 Pagesâ€Å"She Walks in Beauty† Beauty is one way to describe how George Gordon expertly concocts â€Å"She Walks in Beauty.† He uses numerous literary devices to paint a verbal picture that is easy to read, hear, and think about while maintaining an eloquent rhythm. Even though each stanza is a sentence in itself, Gordon precisely breaks down the sentence structure using end-stoping and incorporating three literary devices to add a pleasant rhythm to â€Å"She Walks in Beauty.† Without any of these three devicesRead MoreAnalysis : She Walks In Beauty By Lord Byron1207 Words   |  5 Pageswriting. A writer can convey their thoughts about any subject in condensed forms. The interpretation is left for the reader to decide. Poems can have many different meanings other than what the author initially made it out to be. In the poem â€Å"She Walks in Beauty† written by Lord Byron reveals his admiration for a woman by using a symbol, diction, tone, and mood. In order to comprehend Lord Byron’s poem betters, one must understand his background. George Gordon Byron was born on January 22, 1788 toRead MoreAnalysis of Lord Byrons She Walks in Beauty736 Words   |  3 Pagesfounders of the Romantic Movement in literature. Many of Byrons works are reflective of the dualities found in his persona, which can be seen in his poem, She Walks In Beauty. She Walks In Beauty reflects Byrons persona through the use of duality, imagery, and the poems content. Byron (1814) was inspired to write She Walks In Beauty after meeting his cousin by marriage, Mrs. Robert John Wilmot, who was wearing a black mourning gown decorated with spangles when they first met (The NortonRead More Analysis of She Walks in Beauty by Lord Byron Essay1801 Words   |  8 PagesAnalysis of She Walks in Beauty by Lord Byron She Walks in Beauty is a poem in which the author speaks of the physical beauty of a woman; a female who the author encountered. This encounter lead him to visualize a great distinct physical image of her so he began to speak of this phenomenal attractiveness. A special quality in her was being able to be identified with the heaven. Beautiful like the stars and clearly visible as a cloudless night. The poem ?She Walks in Beauty? came by asRead MoreLord Byron And William Shakespeare966 Words   |  4 Pagesexpress themselves through the act of writing with the usage of a few words. However, it is sometimes difficult for a reader to comprehend what the poem is trying to imply, but that is the beauty behind poetry which as a reader, one might have a different interpretations from another. In an analysis of â€Å"She walks in beauty† by Lord Byron and â€Å"Sonnet 130† by William Shakespeare, they both have a unique distinction on how the words are used to project affections to their respective lover. The linguistic styleRead MoreShe Walks in Beauty1157 Words   |  5 Pagesbecame captivated by his cousin’s alluring beauty; her fair face contrasting with her dark hair and dress. Inspired by the opposing shades that created such an attractive woman, he wrote a poem about her in 1814 (Gamber). In Lord Byron’s â€Å"She Walks in Beauty,† motifs, pe rsonification and imagery express the theme that the combining of light and dark reflect a perfect inner and outer beauty. Lord Byron connects two pairs of motifs in â€Å"She Walks in Beauty† to establish the theme. One motif is darkRead MoreMaya Angelo - Phenomenal Woman766 Words   |  4 Pagesï » ¿ â€Å"Phenomenal Women† By Maya Angelo – Analysis In the poem â€Å"Phenomenal Woman† by Maya Angelo expresses many viewpoints on the topic of women. She describes the many attributes of women throughout the poem. Many think that a slim and trim body or pretty faces are the many features of a true woman. But Angelo explains the small insignificant features of a woman that people or society never mention. She believes and convinces the reader that these are the marks of a woman. The poems central ideaRead More Analysis of The Beauty Myth by Naomi Wolf Essay590 Words   |  3 PagesAnalysis of The Beauty Myth by Naomi Wolf The Beauty Myth, published by Doubleday in New York City, hit the shelves in 1992. Naomi Wolf wrote this 348-page book. Wolf attended Yale University and New College, Oxford University, where she was a Rhodes Scholar. Her essays have been printed in many well-known magazines and newspapers, including Esquire and the New York Times. The Beauty Myth was Wolf’s first book. She has also written two other books, Fire With Fire and PromiscuitiesRead MorePhenomenal Woman Essays1223 Words   |  5 Pagesbecome ‘phenomenal.’ She believes that it is not the outer beauty of a person but the inner one which makes each woman phenomenal. She criticizes the biased societal expression that expects women to starve themselves in order to be considered ‘pretty.’ Stanza 1: â€Å"Phenomenal Woman† begins with a stark comment saying that she is neither cute nor has a great figure to suit a model’s size. She tells that ‘pretty women’ often wonders where the secret of her success lies. Moreover when she reveals her so-calledRead MoreWilliam Shakespeare s Sonnet 130887 Words   |  4 Pages love, beauty, and mortality. Out of all the Sonnets, Sonnet 130 is the most significant because Shakespeare mocks the concept of traditional Sonnets. The traditional sonnet were usually love poems or Sonnets that person would show how much they praise someone or thing by exaggerating their beauty through imagery and comparisons. In Sonnet 130, Shakespeare does the complete opposite compared to his peers and compares his mistresses beauty in an unflattering way. He compares her beauty to the

Drug Use And Abuse Of Marijuana - 1299 Words

There are several people in our society that have undergone a difficult time in their period which has resulted in the use of illegal substances. In today’s society there are people who would say that the use of marijuana is a result of bad parenting, while others claim that it is due to their surroundings. Regardless of one’s point of view, the use of marijuana has been going on for some time now and is not only a problem in our generation but back during the 1900’s to 1950’s as well. During the 1900’s there were a lot of things going on and some people were doing what was in, Marijuana. According to our text book, Drug Use and Abuse, Marijuana was often used by Mexican laborers in the Southwest and jazz groups for recreational use (Weisheit, 1990). During this generation people were pretty laid back when it came to marijuana use. Marijuana has been around for quite some time now and has slowly begun to increase in usage. According to our text book , Drug Use and Abuse, Marijuana was originally cultivated for their fiber and not their drug content (Peterson, 1980). Originally the use of marijuana was seen as no threat and was often shrugged off because of this. But this would soon come to a change and efforts to bring forth a change would be made. Although marijuana usage was used for recreational purposes it does not mean that it didn’t have some kind of effect on the individuals smoking marijuana. The first thing that must be looked at when discussing the usage ofShow MoreRelatedDrug Abuse : Act Of Marijuana Use2019 Words   |  9 Pages Drug Abuse Implications in Reference to Marijuana use Drug abuse is too much consumption of drugs which results in problematic consequences as a result of the excessive consumption. The issue of drug abuse has presented major controversies as to whether or not is detrimental to health and should not be used or whether people have the absolute right to do whatever they may please with their lives so long as nobody else is being affected. The abuse of drugs has not only disastrous consequencesRead MoreThe Cons Of Marijuana And Marijuana1449 Words   |  6 PagesAlthough it is a highly common defense that marijuana is not addictive, it in fact is. Many regular smokers find themselves ridden with very similar withdrawal symptoms of a tobacco addict (Marijuana Addiction Symptoms and Effects). Around 9% of people who use find themselves dependent on marijuana (Is Marijuana Addictive?). That may not seem like much, but that is almost 1 in every 10 people hooked on a drug that is supposedly â€Å"non-addictive.† Legalizing a drug that causes disorientation, paranoia, depressionRead MoreEssay Recreational Marijuana Should NOT Be Legal1698 Words   |  7 Pagesthat regarded marijuana in America required farmers to grow hemp in the year 1619 for clothing, rope, and other materials, but â€Å"as early as 1840, doctors recognized the medical applications of marijuana, and the drug was freely sold in pharmacies for over a century.† (Rich and Stingl). In 1937, the use and possession of marijuana was made illegal, but â€Å"before 1937 marijuana was freely bought, sold, grown, and used.†(Rich and Stingl). In 1970 the congress decided to classify marijuana as a scheduleRead MoreThe Negatives Effects of Marijuana on Teenager880 Words   |  4 PagesThe Negatives Effects of Marijuana on Teenager What is Marijuana? The marijuana affects the brain development on teenager. Also affect the function at school, work, and social life of the teenagers. The marijuana increases the risk of mental health issues. The sadistic show that the used of marijuana increase every years. Marijuana affects the teenager and also their families. According to National Institute of Drug Abuse, Marijuana is a greenish-gray mixture of the dried, shredded leaves, stemsRead MoreThe Legalization Of Medical Marijuana1314 Words   |  6 PagesMarijuana is the most frequently abused illegal substance worldwide. Not only is there no legitimate medical use, it has been tied to physical, mental, and emotional damages. â€Å"Marijuana refers to the dried leaves, flowers, stems, and seeds from the hemp plant Cannabis sativa, which contains the psychoactive (mind-altering) chemical delta-9-tetrahydrocannabinol (THC), as well as other related compounds† (National Institute on Drug Abuse). There are many supporters of the legalization of medical marijuanaRead MoreDrug Addiction Essay1488 Words   |  6 Pagesaddicted to drugs is a habit that most people are not lenient with. Even though a lot of people throughout the world have the habit of taking many different types of drugs some people look at drugs as if they are unharmful or a mere leisure activity. However, the remainder consider drugs a threat to society. For example, we can walk into a bar and we see some guy consuming alcohol and is drunk out of his mind and we think, well it is just alcohol, it isnt too bad, at least he isnt taking drugs. At theRead MoreMarijuana is a Social Problem Essay example976 Words   |  4 PagesMarijuana is a Social Problem Marijuana is the second most popular drug after alcohol in the country today. So many people smoke marijuana that the numbers alone seem to legitimize and condone its presence in peoples lives. Yet, even in moderation marijuana is not safe. Somehow this information had not filtered down to people who think they are smoking a fairly innocuous drug. Our society perpetuates the myths about pot being a fun, harmless, recreational drug. These myths feed into peoplesRead MoreEssay on Alcohol vs Marijuana1537 Words   |  7 PagesAlcohol vs Marijuana There is no culture in the history of mankind that did not ever use some kind (kinds) of drugs. Despite the well-known consequences of drug addiction, millions of people constantly consume different legal and illegal drugs. Affecting peoples mind and changing their behavior, drugs become one of the most threatening factors of social risk, resulting in increasing rates of mortality, aggressive and criminal behavior, and dissolution of social ties. This paper is devoted toRead MoreMedical Marijuana Should Be Legal Essay1156 Words   |  5 Pagescannabis plant is most commonly referred to as marijuana. The United States views marijuana as an illegal substance within its borders. This law seems simple, but a huge curveball has been thrown the government’s way: medical marijuana. Numerous clinical trials and studies are beginning to show a more benevolent side to the â€Å"drug† previously thought to produce nothing more than invalids. The federal government should legalize the use of medical marijuana because it does not inflict the harm criticsRead MoreShould Marijuana Be Used For Medical Purposes?1659 Words   |  7 Pages2014 Marijuana Marijuana, a Schedule I, classified drug is one of America’s most controversial drugs. Many people are against marijuana because it legally considered a drug and many people support marijuana because of its reported use for preventing and treating diseases. Personally, I believe that marijuana should be used for medical purposes. My opinion, however, comes primarily from what I have observed through brief news reports and what I have been told from people who has used the drug before

Gilbert Grape Essay Example For Students

Gilbert Grape Essay In Lasse Hallstrom’s, What’s Eating Gilbert Grape, a young man’s destiny appears to only evolve around keeping a watchful eye on his family in particular, his brother embarrassingly obese mother. Gilbert’s younger brother, Arnie, is mentally-impaired unintentionally holds Gilbert back from experiencing life. When a stranger who is just â€Å"passing through† comes into Gilbert’s miserably routine life, his world is upturned with Gilbert experiencing more than he could ask for. The director of this film, Lasse Hallstrom, uses many techniques to emphasis the change Gilbert experiences. For example, the colours in earlier scenes of the movie are dark bold during house hold scenes. The lack of colour describes the lack of happiness dullness in Gilbert’s life. During later scenes, Becky Gilbert are seen watching the sunset. Soft colours appear such as: Soft blues, greens, browns, pinks oranges for the sunset. The introduction of bright colours symbolises a new beginning for a brighter life. Secondly, the music plays another major technique in this film. At the beginning of the movie when scenes are at Gilbert’s house, the only noises are house hold sounds E. g. Television, Dishes clanging, Arnie yelling etc. This shows the dullness Gilbert experiences through his life. After meeting Becky, music slowly becomes uplifting throughout romantic fun scenes. The music underpins the change in Gilbert’s life when Becky becomes involved. Another technique presented in the film are the camera shots. Throughout the beginning of the movie, Gilbert Becky are separated in every head shot, showing they are not together. E. g. : In the car with Arnie sitting in the middle when they take her delivery home. This is symbolic of Arnie being a significant barrier to Gilbert’s life. Later on in the movie, Gilbert Becky are seen in a camera shot sitting watching the sunset. Becky removes the â€Å"Arnie Barrier† by establishing a relationship with him, so Gilbert can change experience life with no one holding him back. What’s Eating Gilbert Grape definitely grabbed my attention taught me a lot about life the obstacles some have to go through. Lasse Hallstrom used many techniques to show that Gilbert changed significantly due to the impact Becky had on his life. The movie proved that any individual creates the outcome of their life, even if it is leading to â€Å"The End of the Line†.

JP Morgan Chase Case Study free essay sample

JP Morgan Chase Co. was created when two fast growing firms merged on the first day of 2001. JPMC became the third largest bank in the United States. JPMorgan’s assets continually increased from $667 billion in 1999 to $2. 2 trillion in 2008, meaning a compound annual growth rate of 16% (U. S Government Printing Office, 2011). At the rate, JPMC has become the largest bank in the United States with $2. 4 trillion in assets (Irwin, 2013). However, JPMC is not only prevalent in the U. S. Employing approximately 255,000 people worldwide (Irwin, 2013), JPMC is an important global player in the financial sector. JPMC’s headquarters are located in America’s financial business hub, New York City, but JPMC has significant global presence in over 60 countries in the Americas, Europe, Asia and Africa. Diversity at JP Morgan Chase is taken seriously, and has been noted to have some of the most effective diversification recruiting of all the Fortune 500 firms. JPMC has created a positive identity for itself amongst banking circles, known for being selective and competitive but understanding that talented candidates come in many forms (Yemen Davidson, 2009). We will write a custom essay sample on JP Morgan Chase Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For customers and clients, JPMC strives to treat each customer as an individual and build relationships with clients. Amongst employees (current and prospective), JPMC treats them with respect and fairness with outlined procedures and managerial support, while keeping a sense of healthy competition. JPMC’s CEO Jamie Dimon, a Tufts undergraduate, Harvard MBA with a lot of previous executive-level experience, was appointed on December 31, 2005 (Yemen Davidson, 2009) after having previously been president and COO. The operating committee underneath Dimon consists of thirteen executives that must report to the CEO (Ibid). Dimon is a hard-worker and strong believer in diversity. He desires change that would lead to JPMC being more interconnected to all the top talent in the market, not just of a certain group. JPMC and The Credit Crisis While there were many causes to the 2008 financial crisis, the packaging of bad mortgages into mortgage-backed securities was believed to be the â€Å"patient zero† (Irwin, 2013). Unfortunately, JPMC had been involved in this fraudulent behavior that led to the biggest recession since the 20s. During the recession, JPMC purchased two collapsing firms. In March 2008, JPMC agreed to finance a deal with the Federal Reserve to purchase Bear Stearns. It later purchased Washington Mutual as well, acquiring thousands of employees as well taking on the two firms outstanding legal exposures (Irwin, 2013). Since JPMC itself and the firms it acquired had been involved in offloading bad mortgages on other parties, such as mortgage backed securities investors and U. S.taxpayers, JPMC has had to deal with many consequences since, and since it often takes a while to see where legal culpability lies and the cases are complicated and time-consuming, JPMC will continue being involved in legal issues relating to the crisis (Irwin, 2013). However, by acquiring Bear Stearns and Washington Mutual, JPMC was responsible for saving almost 40,000 jobs that year (Yemen Davidson, 2009). JPMC in the Media Challenges JPMC Faces JPMC continues to face financial and legal repercussions for underwriting sub-standard mortgage loans and thereby playing a role in the global financial crisis. Last year, JPMC agreed to around $20 billion in settlements as an attempt to clear up legal claims. The deals involved covered claims over mortgage issues, as well as derivatives and power trading (Ingram Henry, 2014). Recently, JPMC agreed to pay $614m to the US government and admitted that it defrauded federal agencies by underwriting sub-standard mortgage loans (Ibid). They have also agreed to pay $1. 45 million to settle four-year-old allegations brought by the US Equal Employment Opportunity Commission that the bank had maintained a sexually hostile environment for women in a mortgage loan center on Ohio (Ibid). JPMC is also still dealing with lawsuits stemming from their relationship with Bernard Madoff, a convicted Ponzi scheme mastermind. The firm has been approved to pay $543 million in order to end two lawsuits relating to Madoff (Ingram Henry, 2014). These are just a few of the many various legal matters JPMC has been dealing with. These legal matters stretch over long periods of time, and win or lose, JPMC can expect these challenges to continue well into the future. As well, within the firm, managers continue in efforts of making diversity part of the continuing dialogue (Yemen Davidson, 2009).

Research Paper on Military Spending

Research Paper on Military Spending Even if they have never seen a weapon, millions of children seriously suffer from wars, as resources that could have been invested in development are diverted in armament. Armament spending has both positive and negative impacts on countries. On the plus side, military spending can be a boon to some businesses, which in turn is a shot in the arm to the nations economy as Ill explain later in the essay. On the other hand, there are malicious effects on economy as well. It is true that a large military spending will contribute to economic growth in a short term. Militarization will bring more job opportunities to citizens directly in both military and military-related fields. Meanwhile, the important part is that there is another high amount of secondary jobs has been given. For instance, a new military uniform factory opened. It not only creates jobs for the people in the factory, but also creates jobs for the people working on the cotton field, even the people doing transportations. Furthermore, it increases the employment rate instantly and significantly. Another positive side of a great military spending is that it will put a fuller use of existing productive capacities, and thus increasing output of goods and services. The most important reason to maintain a high military spending is that it will give a country higher national defense capability. It is obvious that the more money government spends on the army, better weapons will be made. It will protect people better as far as the homeland security is concerted. People will live in a safer condition, and not to worry about their family while they are working. Thus, they will put more efforts in their work because theyÐ ±Ã ¶re satisfied of their primarily safety. Hopefully, this will bring a better production to nationÐ ±Ã ¶s economy. Other than the defense, military also plays an important role on countries emergencies. Because the money that government spends on military is enough to train soldiers, they can protect civilians lives from natural disaster. For example, when a country is facing flood, at the first place, the army could bring enough well-trained soldiers to build a bridge and help people get out the danger. Even though there seems to be many reasons to believe that higher military spending will bring a better life to people in a short term, the long run of high defense spending may impede growth and development. First, high military expenditure tends to decrease an economys capacity to meet peoples basic needs, such as food, housing, and medical services. This is because increased military production leaves less national capital and financial institutions for the civilian sector of the economy. In addition, some government cares less about the life of their citizens than how to make the strongest weapons. Its possible to observe that developing countries, despite their lower incomes, tens to spend a similar and sometime larger share of their gross domestic product (GDP) on armed forces and weaponry than do wealthy developed countries. One of the examples will be North Korea, the government spends 32% of their GDP on armaments, rather than try to stimulate their economy, and give their civilians basic food and clothing. Another main disadvantage of high spending is that it leaves less money in the government budget for them to dealing with social, environmental and other developmental issues. According to a recent report from the United States, their federal government spends approximately USD $1.9 trillion in Fiscal Year 2002. Out of all this spending, Pentagon spending now accounts for over half (50.5percent) of all discretionary spending: USD $343.2 billions. In the same year, the U.S. government only spends USD $45 billions on education and USD $20 billions on social services. This translates to smaller social surety checks, less medical coverage, perhaps a third of countrys population doing without health insurance entirely, fewer scholarships and less aid overall for education, especially higher education for the poor people. With all the money spends on the national defense, the government could build three more sets of highway, many more hospitals and YMCAs. In additional, the government cou ld spend money on environmental projects, help economic development, or even on agriculture. All of these will help people to improve their standard of living. Militarization also hinders an economys efficiency, because a lack of competition. Since large amount of military spending creates lots jobs and productions, it becomes the main sources of income. But the military sector often allows military producers to feel less compelled to cut their production costs since they are paid by the government. Therefore, after a period of time, higher average production costs will depress the economy significantly. Meanwhile, it will hurt peoples life due to the high price and low quality. As for the additional employment allegedly provided by the military sector, this is only a short-term effect: military production tends to use proportionately more capital equipment and less labor than civilian industries and so creates fewer jobs than could be created from a similar investment in civilian production, particularly services. From a recent research, people find that USD $1 billion spend by the Pentagon on weapons, supplies and services generates 25,000 jobs. However, the same USD $1 billion would create 30,000 mass transit jobs, 36,000 housing jobs, 41,000 education jobs, and 47,000 health care jobs. (Pentagon Spending) Another important factor is that there is no end line for the military spending. It would be contradictory to continue building the military arsenal while at the same time paying the high cost of destroying the old weapons. For instance, to destroy chemical weapons costs about 10 times more than it does to produce them. In the fiscal year 2002, the U.S. government spends USD $343 billions on the department of defense. Meanwhile, there is a hidden number. In the same year, the government spends USD $200 billions more on military-related fields, such as foreign military aid, military retirement pay, and veterans benefits. Its obvious that the economy will be unbalanced after a short period of time, since most money is given to people with high ranks rather the people who imperatively need them. While putting billions dollars in the army, the mean usage of this money is not necessary for defense, but for offense- developing new weapons. Even just developing, testing, and assembling thing like unclear and biochemical weapons is dangerous, generating huge numbers of fatalities, cancers and injuries- even if the weapons are never once used in anger. As people concerted about their lives, there wont be any positive effects on the economy, because people tend to escape rather than produce. It is clear that reducing military spending will affect civilians life more in those exporting countries such as the United States, England, and France since countries selling their old weapons make them great revenues.

International Financial Management Assignment Example | Topics and Well Written Essays - 750 words

International Financial Management - Assignment Example S. dollar. If the same mobile phone cost 1000 dollars in U.S., American consumers would buy it from India. When large volumes of such mobile phones were purchased from India by American customers, the price of rupee will go up until one dollar equals 25 Indian rupees. Purchasing power parity (PPP) theory can be divided into two different categories; absolute PPP and relative PPP. Absolute PPP is based on the belief that without international barriers, consumers will shift their demand to wherever prices are lower whereas relative PPP is based on the notion that market imperfections (tariffs, transportation costs, etc), prices of the same products need not be same in different countries when measured in a common currency Madura, 2009, p. 214-215) In economics inflation refers to the rise of prices of all the goods except the money. The values of the currencies of countries with higher inflation would be less compared to the values of countries with lower inflation as the purchasing power of the consumers will be lessened by the increase in prices in countries with higher inflation. The rationale behind PPP theory is that when inflation occurs at a higher level in a particular country, foreign demand for goods from that country would be decreased whereas demand for foreign goods from that country should increase and subsequently, the home currency of that country will weaken. The currency depreciation will continue till the foreign country’s goods are no more attractive than the domestic goods (Relationships Among Inflation, Interest Rates, and Exchange Rates, n. d, p.107) In order to check whether PPP exists, it is better to choose two countries and compare the differences in inflation and the exchange rate change different periods. If the exchange rate changes are in accordance with the PPP theory, then we can safely conclude that PPP exists. The major limitation in testing PPP is that based on the periods chosen, results can vary. The periods