Childhood Obesity And The Health Of New Zealanders Essay

Introduction Many environmental factors, are affecting the health of New Zealanders. Although the most recent New Zealand health survey states â€Å"The majority of New Zealanders report being in good health†, the survey also showed many concerning health issues are on the rise (Ministry of Health, 2014). Childhood obesity is one of these. In the last ten years, childhood obesity incidence has risen dramatically with one in nine children being obese (Ministry of Health, 2013). Obesity is defined as an individual who is excessively heavy and has a body mass index over 30, calculated by the individual’s weight and height (Mosby, 2010). Childhood obesity has a direct correlation to increased incidence of heart disease, hypertension, stroke and diabetes (Ministry of Social Development, 2010). This essay will discuss the links between childhood obesity and environment within the socio-political context of New Zealand. 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Immigration Interview [Edu 280 Artifact 2]. The United

Immigration Interview [EDU 280 Artifact 2] The United States of America was a country founded by immigrants on the values of equality and freedom and the idea of a fresh start. Only American Indians are truly native to this country and the rest of us have some history of immigration in our ancestry. So what about today’s immigrants? Most people immigrate to the United States searching for simply searching for a better life. Immigration seems like it should be a simple and organized process, but many people who try to immigrate to the United States find that the process is not so simple. To better understand the immigration process, I have interviewed a friend who immigrated to the United States as a small child and now faces the†¦show more content†¦Jose’s father had always mainly worked construction jobs with other undocumented immigrants and Jose joined his father’s line of work because there were not many jobs available to him and he felt obligated t o contribute to the family, â€Å"A second feature of the Hispanic American family is the emphasis on cooperativeness and on placing the needs of the family ahead of individual concerns† (Manning Baruth, 2009, p.170). Jose dreamed of going to college and pursuing art or graphic design but even these simple goals were out of reach for him because of his undocumented status. What was the country of origin, language, culture and way of life there? As I mentioned earlier, Jose was born in Nueva Rosita, Mexico but grew up here in the United States. He does still have some extended family in Mexico along with aunts, uncles, and cousins here in Las Vegas. Jose considers Las Vegas his hometown but acknowledges the effects of his Mexican culture and heritage in his family. Jose’s family speak Spanish at home and his parents’ only language is Spanish. Jose and his sisters are bilingual and prefer to speak English when they are not at home. Jose and his siblings often have to help their parents with forms or appointments where English is required and have often acted as translators, even when they were younger. Jose did explain that he initially had trouble in school because when he started Kindergarten

Principles Of Management Western Learning -Myassignmenthelp.Com

Question: Discuss About The Principles Of Management Western Learning? Answer: Introduction Atlassian is an enterprise company of software, which makes items for the developers for software, managers of project and the management of content. The corporation is best known for tracking the issues in application. The founders of the Atlassian Company are Mike Cannon Brookes and Scott Farquhar. In the year 2004, the company released a confluence, a collaborative team that permits workers to work together on the projects and as well share documents (Williams, 2013). In the year 2010, the organization raised $60 million from the Accel Partners in venture capital. In the year 2011, the company made its announcement of $102 million revenue and in the year 2015, the company announced the sales of $320 million sales. The companys bestselling product is JIRA, which is being used by more than 65,000 companies in UK, US and 170 countries. It helps people to deal with business strategies and emerge to the national market as expanded to various locations like US and worldwide. PESTLE analysis as key major issues to the country A PESTLE description looks at the different six sectors such as political, economic, social, technological, environmental and legal. Economic and political transformations, which affected the Atlassian company which incorporates BREXIT and the election of Donald Trump in the year 2016. These two important political happenings caused the dollar of America to strengthen while the currencies of foreign got poorly affected. This indicated to be a bigger change for the company, as the corporation accepts the dollar of United States as the mode of payment; however, it incurred costs in the other countries where it has its operations (Williams, 2013). Social changes incorporate the trends of acceptance and inclusion of all the people. It supports as a proponent of including everything. This encourages the corporation to be positive enough as this makes the business more attractive to a greater number of consumers who supports the values of the company. The two changes can be detected in the segments of technology that affects the company Atlassian are the models based on X-as-a Service business and models (Williams, 2013). To consider these trends, many companies would develop digital products to add in their portfolio. One of the companys main targets in terms of its products is the development of the software team. Therefore, these changes would increase the potential customers of the company. The trends of environment depict the change in climate and the notion that the companies own CSR in order to reduce their impact and effect on the environment. The companies of Software follow the green rules, which are having two inputs which are significant: electricity and human for the company. In the legal segment, legal procedures can have negative effects on the company. One possibility is the laws based on cyber security. As these laws mature, the Atlassian companys delivery can be impacted by the standards of higher security. The products of the company are subjected to the laws of import and therefore, this could enhance the companys expenses. Therefore, the PESTLE analysis provided an explanation of the current and future climate of business of Atlassian. Its global marketing overspread to in Manila, Philippines; and Austin, Texas. Atlassian Pty Ltd. operates as a subsidiary of Atlassian Corporation Plc. Recommendation for entry mode Atalssian being an Australian company which is incorporated in UK and sells products mainly to the country of United States of Americas clients, also having trademarks and subsidiaries in different other countries and virtually, customers in every country. The company is born global. This results in the spreading by the development of the market as an important strategy in the markets which are emerging. Once it has decided to spread its business to the worldwide, its overseas market in several nations had its own internal strengths and weaknesses with its own opportunities and needs. As it deals with the business of its choice as mode of entry with risks and threats inherent in its own business category due to its characteristics as its online business (Griffin Pustay, 2015). It chose a few countries as overseas expansion based on state of the economy, legal system, technology developed and future liability such as time, money, and people. Its business expansion taken may resulted its overall schemes of attaining goals from each nation expanded to maximise the value of its business and profitability of the company. International Strategy of Atlassian Steps, which are taken for the international market formulation, are to first grow a mission statement. The company must set out key strategic goals in terms of formulating the international strategy. Accordingly, the company can devise tactical goals in order to draw popular attentions from the launched control framework. By using the frameworks of different strategies such as SWOT, PESTLE, PORTERS FIVE FORCES and so forth, the company can easily depict the environment, which would affect the working of the organization in the international forum. As its overseas expansion successful, it may focus on firm stable in the areas of RD, production, distribution, marketing, and financial decisions throughout UK and US in the world. It does not cost more on products produces so on forth as its new products launched. In basic approach to expansion of international marketplace, its regularity offers any potential increase of profitability through expanded demand, but its products and service s are nearly cost free to make new products (Griffin Pustay, 2015). As it is knowledge based industry, it runs its business on entering to forms of strategic alliance whether its chosen countries have various political, economic and cultural aspects of the international marketplace. Its size of competency is unreachable like other competitors do due to its unlimited resources namely knowledge base industry. Methods and strategies for the motivation and leadership on the cross cultural teams While practicing its international strategy, the company has exposed itself to the creation of more goods for the customers in the across the countries. After managing its complete international success on launching products, the managers address important components of strategic development. The company expects for a better programs while the company is working with its team (Thomas Peterson, 2017). As a leader, it is the responsibility of the manager to look after the working of the teams. To talk about cross cultural teams or the multicultural teams, they offer a number of advantages to the international firms, which incorporates deeper knowledge about the different products, which are culturally sensitive, and having work rotations based on 24 hours. However, the advantages may be surpassed in the field of problems growing from the differences in culture, which can seriously damage the effective working of the team. In this respect, the managers can cope with the challenges as a leader, which is culturally based (Janson Cusumano, 2013). According to a survey, it can be said that there are four problems can be afound while dealing with the cross cultural teams on the basis of communication, having trouble with fluency and accents, carrying a tough attitude towards authority and hierarchy, also involves the norms which affects the decision making procedures. And the conflicting norms while making decisions. It is up to the manager to direct an appropriate strategy in order to solve the problems. Manager must act as a leader to guide the teams in order to carry out their work effectively. In Atlanssia, the successful team managers are the ones who deal with the changes in multicultural dimensions through the acknowledgement of the cultural gaps, intervention made structurally and removing the team when the other options cannot succeed. In the company, the managers who interfered early and confirm the norms, the managers and teams who try to engage themselves with the team and the team can foresee the challenges growing from culture, but not the personality, succeed in solving the problems which are cultural based with creativity and good humor. The company is likely to harvest the benefits which are in the team of cross culture. The difference between management and leadership is to be worth to discuss its scrutiny about the formation of its management. It can surpass communication skills over leadership at workplace such as actions, beliefs, values and goals of the business by leaders. The leaders can empower to employees of their participation in decision making on its business. It strives to exceptionally better outcomes as compared to its competitors, then it should provide the most outstanding competence with cutting-edge technology and its supports to customers (Griffin Pustay, 2015). As its unique resources is software programs it launched, and then its product system is simple enough to draw maximum synergy. Motivation is an essential key successful task to the manager in the Atlassian w orkforce. (Griffin Pustay, 2015). Some cross-cultural motivation suggests the need job security and stability. For example, someone who has low uncertainty avoidance would work with more risky opportunities for variation at new challenges in workplace. However, high individualism suggests people who are motivated by new opportunities at work, they work with advancement and autonomy, individual recognition, rewards, and high collectivism. They are more likely to collaborate at workplace no matter of their cultural background. Multinational structure of the company The software company has a head of development under him, the assistant manager workers. Under the supervision of the assistant manager, there are product managers, software development leader, quality analysis leader and business analyst and manager of quality analysis. Under the supervision of business analyst, the analyst, programmers and testers work. As it is an international firm in UK and US, it may address a diverse issue in managing the control function effectively, the leaders should control systems and apply its techniques to persist people of their controlling with these four steps. It should define control standards, develop performance measures, compare performance and standards, and finally respond to deviations (Griffin Pustay, 2015). HR recommendations Human resource management (HRM) can be defined as the set of activities directed at attracting, developing, and maintaining the effective workforce necessary to achieve a businesss objectives (Griffin Pustay, 2015). Atlassian aims at designing an HRM strategy to promote its overall corporation of the business in the international environment. It increases the complexity of developing an effective HRM strategy as it has made decision by expanding its business to worldwide. HRM should provide the cross-cultural training they are required to be successful into consideration to evaluate its performance and effectiveness (Griffin Pustay, 2015). Marketing considerations Marketing is the process involving the activities across national boundaries which are applicable to international marketing (Griffin Pustay, 2015; Slack, 2015). The key executives in Atlassian joins with Goldman Sachs on its business to progress market and provide Unlockd to bring more international attention. One of the reasons why it is successfully launched is to make its direction firm by representing the best Australian technology program with the world class teamwork (Atlassian, n.d; Griffin Pustay, 2015). Conclusion Its business is exposed to some way to foreign exchange fluctuations due to source supplies from overseas. Then, it will be impacted by increasing or decreasing prices by exporting software in online business as its renown international business environment to make profits bigger in circumstances of foreign exchange risks. It has enormous number of customers in worldwide to aim at collaborating in teams and enhance work load efficient through empowered software JIRA in the aspects of marketing success and maximum gained outcomes in the areas of HRM, marketing, and international strategies achieved with good teams in UK and US. As its successful launching of the product JIRA, and it runs sustainable good outcomes in knowledge based industry such as various political, economic and cultural aspects of the international marketplace. It has mostly done outstanding result in international business management References Finley, Klint. Atlassian Challenges GitHub to a Fork Fight. Wired. Retrieved from 15 May 2013. Jansen, S., Cusumano, M. A. (2013). Defining software ecosystems: a survey of software platforms and business network governance.Software ecosystems: analyzing and managing business networks in the software industry,13. Modern Slavery Act Transparency Statement (PDF).(2016) Atlassian Corporation Plc. 28 October 2016. Retrieved from 25 January 2017. Moses., Asher. (15 July 2010). From Uni dropouts to software magnates. The Sydney Morning Herald. Ricky W.G., Michael W.P. (2015). International Business a Managerial Perspective (8th ed.). England: Peason Slack, N. (2015).Operations strategy. John Wiley Sons, Ltd. Stol, K. J., Fitzgerald, B. (2014, May). Two's company, three's a crowd: a case study of crowdsourcing software development. InProceedings of the 36th International Conference on Software Engineering(pp. 187-198). ACM. Thomas, D. C., Peterson, M. F. (2017).Cross-cultural management: Essential concepts. Sage Publications. Williams, C. (2013).Principles of management. South-Western Cengage Learning.

PRACTICE Reading Locating Topic Sentences Essays - Tort Law

PRACTICE: Reading: Locating Topic Sentences Directions: Underline the topic sentence in each of the following paragraphs. 1. The United States has a severe fire problem that if not addressed, will continue to worsen drastically. Fire s tatistics show that our nation, one of the richest and most technologically sophisticated countries in the world, lags behind its peer nations in fire security. Nationally, there are millions of fires, thousands of deaths, tens of thousands of injuries, and billions of dollars lost each yearfigures which far exceed comparable statistics for other industrialized countries. In 2001, for example, the direct value of property destroyed in fires was $11 billion ($44 billion if the World Trade Center loss is included). More recently in 2004, direct property losses from fires were estimated at over $9.8 billion. Loyd and Richardson, Fundamentals of Fire and Emergency Services, p. 12 2. The star system has been the backbone of the American film industry since the mid 1910s . Stars are the creation of the public, its reigning favorites. Their influence in the fields of fashion, values, and public behavior has been enormous. "The social history of a nation can be written in terms of its film stars," Raymond Durgnat has observed. Stars confer instant consequence to any film they appear in. Their fees have staggered the public. In the 1920s, Mary Pickford and Charles Chaplin were the two highest paid employees in the world. Contemporary stars such as Julia Roberts and Tom Cruise command salaries of many millions per film, so popular are these box-office giants. Some stars had careers that spanned five decades: Bette Davis and John Wayne, to name just two. Giannetti , Understanding Movies , p. 251 3. For decades, we have looked at our steadily increasing life expectancy rates and proudly proclaimed that Americans' health has never been better. Recently, however, health organizations and international groups have attempted to quantify the number of years a person lives with a disability or illness, compared with the number of healthy years. The World Health Organization summarizes this concept as healthy life expectancy. Simply stated, healthy life expectancy refers to the number of years a newborn can expect to live in full health, based on current rates of illness and mortality and also on the quality of their lives. For example, if we could delay the onset of diabetes so that a person didn't develop the disease until he or she was 60 years old, rather than developing it at 30, there would be a dramatic increase in this individual's healthy life expectancy. Donatelle , Health: The Basics, p. 6 4. Are you "twittered out"? Is all that texting causing your thumbs to seize up in protest? If so, you're not alone. Like millions of others, you may find that all of the pressure for contact is more than enough stress for you! Known as technostress, the bombardment is defined as stress created by a dependence on technology and the constant state of being plugged in or wirelessly connected, which can include a perceived obligation to respond, chat, or tweet. Donatelle , Health: The Basics , p.66 5. In the past, exposure to liability made many doctors, nurses, and other medical professionals reluctant to stop and render aid to victims in emergency situations, such as highway accidents. Almost all states have enacted a Good Samaritan law that relieves medical professionals from liability for injury caused by their ordinary negligence in such circumstances. Good Samaritan laws protect medical professionals only from liability for their ordinary negligence , not for injuries caused by their gross negligence or reckless or intentional conduct. Most Good Samaritan laws protect licensed doctors and nurses and laypersons who have been certified in CPR. Good Samaritan statutes generally do not protect laypersons who are not trained in CPRthat is, they are liable for injuries caused by their ordinary negligence in rendering aid. Goldman and Cheeseman, Paralegal Professional , p. 459

Biography of Georg Simon Ohm Essay Essay Example

Biography of Georg Simon Ohm Essay Paper Georg Simon Ohm ( 16 March 1787 – 6 July 1854 ) was a Bavarian ( German ) physicist and mathematician. As a high school instructor. Ohm began his research with the new electrochemical cell. invented by Italian scientist Alessandro Volta. Using equipment of his ain creative activity. Ohm found that there is a direct proportionality between the possible difference ( electromotive force ) applied across a music director and the attendant electric current. This relationship is known as Ohm’s jurisprudence. Ohm died in Munich in 1854. and is buried in the Alter Sudfriedhof. Early old ages Georg Simon Ohm was born into a Protestant household in Erlangen. Bavaria. ( so a portion of the Holy Roman Empire ) boy to Johann Wolfgang Ohm. a locksmith and Maria Elizabeth Beck. the girl of a seamster in Erlangen. Although his parents had non been officially educated. Ohm’s male parent was a well-thought-of adult male who had educated himself to a high degree and was able to give his boies an first-class instruction through his ain instructions. Of the seven kids of the household merely three survived to adulthood: Georg Simon. his younger brother Martin. who subsequently became a well-known mathematician. and his sister Elizabeth Barbara. We will write a custom essay sample on Biography of Georg Simon Ohm Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Biography of Georg Simon Ohm Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Biography of Georg Simon Ohm Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer His female parent died when he was ten. From early childhood. Georg and Martin were taught by their male parent who brought them to a high criterion in mathematics. natural philosophies. chemical science and doctrine. Georg Simon attended Erlangen Gymnasium from age eleven to fifteen where he received small in the country of scientific preparation. which aggressively contrasted with the divine direction that both Georg and Martin received from their male parent. This characteristic made the Ohms bear a resemblance to the Bernoulli household. as noted by Karl Christian von Langsdorf. a professor at the University of Erlangen. Life in university Georg Ohm’s male parent. concerned that his boy was blowing his educational chance. sent Ohm to Switzerland. There in September 1806 Ohm accepted a place as a mathematics instructor in a school in Gottstadt bei Nydau. Karl Christian von Langsdorf left the University of Erlangen in early 1809 to take up a station in the University of Heidelberg and Ohm would hold liked to hold gone with him to Heidelberg to re-start his mathematical surveies. Langsdorf. nevertheless. advised Ohm to go on with his surveies of mathematics on his ain. reding Ohm to read the plants of Euler. Laplace and Lacroix. Rather reluctantly Ohm took his advice but he left his learning station in Gottstadt bei Nydau in March 1809 to go a private coach in Neuchatel. For two old ages he carried out his responsibilities as a coach while he followed Langsdorf’s advice and continued his private survey of mathematics. Then in April 1811 he returned to the University of Erlangen. His private surveies had stood him in good position for he received a doctors degree from Erlangen on 25 October 1811 and instantly joined the staff as a mathematics lector. After three semesters Ohm gave up his university station. He could non see how he could achieve a better position at Erlangen as chances there were hapless while he basically lived in poorness in the lecture station. The Bavarian authorities offered him a station as a instructor of mathematics and natural philosophies at a hapless quality school in Bamberg and he took up the station at that place in January 1813. This was non the successful calling envisaged by Ohm and he decided that he would hold to demo that he was deserving much more than a instructor in a hapless school. He worked on composing an simple book on the instruction of geometry while staying urgently unhappy in his occupation. After Ohm had endured the school for three old ages it was closed down in February 1816. The Bavarian authorities so sent him to an overcrowded school in Bamberg to assist out with the mathematics learning. On 11 September 1817 Ohm received an offer of the station of instructor of mathematics and natural philosophies at the Jesuit Gymnasium of Cologne. This was a better school than any that Ohm had taught in antecedently and it had a well equipped natural philosophies laboratory. As he had done for so much of his life. Ohm continued his private surveies reading the texts of the taking Gallic mathematicians Lagrange. Legendre. Laplace. Biot and Poisson. He moved on to reading the plants of Fourier and Fresnel and he began his ain experimental work in the school natural philosophies research lab after he had learnt of Oersted’s find of electromagnetism in 1820. At first his experiments were conducted for his ain educational benefit as were the private surveies he made of the pla nts of the prima mathematicians. The Jesuit Gymnasium of Cologne failed to go on to maintain up the high criterions that it had when Ohm began to work at that place so. by 1825. he decided that he would seek once more to achieve the occupation he truly wanted. viz. a station in a university. Gaining that the manner into such a station would hold to be through research publications. he changed his attitude towards the experimental work he was set abouting and began to consistently work towards the publication of his consequences [ 1 ] : Overburdened with pupils. happening small grasp for his painstaking attempts. and gaining that he would neer get married. he turned to science both to turn out himself to the universe and to hold something solid on which to establish his request for a place in a more stimulating environment. In fact he had already convinced himself of the truth of what we call today â€Å"Ohm’s law† viz. the relationship that the current through most stuffs is straight relative to the p ossible difference applied across the stuff. The consequence was non contained in Ohm’s number ones paper published in 1825. nevertheless. for this paper examines the lessening in the electromagnetic force produced by a wire as the length of the wire increased. The paper deduced mathematical relationships based strictly on the experimental grounds that Ohm had tabulated. In two of import documents in 1826. Ohm gave a mathematical description of conductivity in circuits modelled on Fourier’s survey of heat conductivity. These documents continue Ohm’s tax write-off of consequences from experimental grounds and. peculiarly in the 2nd. he was able to suggest Torahs which went a long manner to explicating consequences of others working on voltaic electricity. The 2nd paper surely is the first measure in a comprehensive theory which Ohm was able to give in his celebrated book published in the undermentioned twelvemonth. Teaching calling Ohm’s ain surveies prepared him for his doctors degree which he received from the University of Erlangen on October 25. 1811. He instantly joined the module at that place as a lector in mathematics but left after three semesters because of unpromising chances. He could non last on his wage as a lector. The Bavarian authorities offered him a station as a instructor of mathematics and natural philosophies at a hapless quality school in Bamberg which Ohm accepted in January 1813. Unhappy with his occupation. Georg began composing an simple text edition on geometry as a manner to turn out his abilities. Ohm’s high school was closed down in February 1816. The Bavarian authorities so sent him to an overcrowded school in Bamberg to assist out with the instruction of mathematics. Memorial for Ohm at the Technical University of Munich. Campus Theresienstrasse After his assignment in Bamberg. Ohm sent his completed manuscript to King Wilhelm III of Prussia. The King was satisfied with Ohm’s book. and offered Ohm a place at the Jesuit Gymnasium of Cologne on 11 September 1817. This school had a repute for good scientific discipline instruction and Ohm was required to learn natural philosophies in add-on to mathematics. The natural philosophies research lab was well-equipped. leting Ohm to get down experiments in natural philosophies. As the boy of a locksmith. Ohm had some practical experience with mechanical devices. Ohm published Die galvanishe Kette. mathematisch bearbeitet ( The Galvanic Circuit Investigated Mathematically ) in 1827. Ohm’s college did non appreciate his work and Ohm resigned from his place. He so made an application to. and was employed by. the Polytechnic School of Nuremberg. Ohm arrived at the Polytechnic School of Nuremberg in 1833. and in 1852 he became a professor of experimental natural philosophies at the University of Munich. The find of Ohm’s jurisprudenceFurther information: Ohm’s Law Ohm’s jurisprudence foremost appeared in the celebrated book Die galvanische Kette. mathematisch bearbeitet ( tr. . The Galvanic Circuit Investigated Mathematically ) ( 1827 ) in which he gave his complete theory of electricity. In this work. he stated his jurisprudence for electromotive force moving between the appendages of any portion of a circuit is the merchandise of the strength of the current. and the opposition of that portion of the circuit. The book begins with the mathematical background necessary for an apprehension of the remainder of the work. While his work greatly influenced the theory and applications of current electricity. it was in cold blood received at that clip. It is interesting that Ohm presents his theory as one of immediate action. a theory which opposed the construct of action at a distance. Ohm believed that the communicating of electricity occurred between â€Å"contiguous particles† which is the term Ohm himself used. The paper is concerned with this thought. and in peculiar with exemplifying the differences in this scientific attack of Ohm’s and the attacks of Joseph Fourier and Claude-Louis Navier. A elaborate survey of the conceptual model used by Ohm in bring forthing Ohm’s jurisprudence has been presented by Archibald. The work of Ohm marked the early beginning of the topic of circuit theory. although this did non go an of import field until the terminal of the century. Ohm’s acoustic jurisprudence Further information: Ohm’s acoustic jurisprudence Ohm’s acoustic jurisprudence. sometimes called the acoustic stage jurisprudence or merely Ohm’s jurisprudence. provinces that a musical sound is perceived by the ear as a set of a figure of constitutional pure harmonic tones. It is good known to be non rather true. Plant * Guidelines for an appropriate intervention of geometry in higher instruction at preparatory institutes / notes* The Galvanic Circuit Investigated Mathematically* Elementss of analytic geometry refering the skew co-ordinate system* Fundamentalss of natural philosophies: Collection of talks

The Great Recession of 2008 Essays

The Great Recession of 2008 Essays The Great Recession of 2008 Essay The Great Recession of 2008 Essay A recession is full-proof sign of declined activity within the economic environment. Many economists generally define the attributes of a recession are two consecutive quarters with declining GDP. Many factors contribute to an economys fall into a recession, but the major cause argued is inflation. As individuals or even businesses try to cut costs and spending this causes GDP to decline, unemployment rate can rise due to less spending which can be one of the combined factors when an economy falls into a recession. Inflation is the general rise in prices of goods and services over a period of time. Inflation can happen for reasons such as higher energy and production costs and that includes governmental debt. Great Recession of 2008 Introduction The U. S. 2008 recession was felt in nearly every country’s economy worldwide. As inflation increased and various other factors began to fail the United States economic system a global recession began to take place. The U. S. began to face hardships such as high unemployment, bank failure, rising energy costs, housing and auto bubbles that ruptured into a global crisis. Although, much of the media focus was initially known as the so-called, â€Å"super power† U. S. , now as more attention is being shifted to Japan the world’s number two economy and other nations financial markets. The global downturn had the potential to affect exports which the Sweden market experienced because of their high percentage of contributed over half to their GDP. However, during the next few pages we will elaborate further on the how the U. S. 2008 recession is dissimilar and parallel with that of Japan and Sweden’s. Also, listed will be those economic actions implemented that were effective or unsuccessful in fighting the recession. Similarities of U. S. Recession and Other Nations Japan and Sweden both had similar attributes and causes of the economic global downturn with those of the United States. Japan is the second largest economy in the world. However, experiencing two straight quarters of declining GDP Japan followed the U. S. into a massive recession. As the U. S. began to experience low consumer confidence and demand, Japan’s corporate powerhouses such as Toyota, Honda, and even Sony profits took a dive. The nation’s export driven economy watched overall global demand slow down especially since the U. S. s one of Japan’s biggest customers for exporting goods. According to CNN Money, Stocks in Japan and the United States have been equally hard hit, falling 42% and 33% respectively (CNN Money, 2010). Both Japan and the U. S. dollar weakness helped to hinder economic recovery. Slow growth in Japanese bank loans had added to the similarities as the U. S. did. â€Å"Falling home and stock prices reduced c onsumer wealth. Feeling poorer, consumers were less willing to buy goods and services at the prevailing price level. This aggregate demand led to a drop in equilibrium GDP† (Schiller, p. 167). As the known business cycle of alternating periods of economic growth and contraction, the United States financial sector affected the financial systems through its exposure to foreign financial assets with high level risks. Thus, the downward slope of the aggregate demand curve is reinforced by changes in imports and exports (Schiller, 2010). Great Recession of 2008 Sweden has more similarities with the U. S. recession than that of Japan. Both the United States and Sweden are mixed economies, and both experienced the housing crisis with helped lead to one of the worst recessions on record that has been felt globally. In Sweden the residential price falls, and a significant decline in property sales which resulted in overall slowdown of construction activity. The 2008 great recession is global and Sweden was not immune. As consumers began to spend less, other people and businesses aren’t earning any money, which eventually led to high unemployment rates such as that of the U. S. this began to spread even further. According to Sweden real estate, exports accounted for 54% of GDP, with 60% of exports and 70% of imports going to the EU (2010). However, Sweden and the United States are also significant trading partners, with the U. S. spending less and losing more jobs. As demand fell so did Sweden’s export contribution to its GDP, thus spiraling Sweden into a recession. Key interest rates began to fall in Sweden same as in the United States due to the global financial meltdown. â€Å"As the demand for loans diminish, interest rates tend to decline as well† (Schiller, 2010). Dissimilarities of U. S. Recession and Other Nations Although, Japan and Sweden had few similarities with those of the United States during the Great Recession, there were dissimilarities that displayed the U. S. failure to achieve full employment GDP and other factors. Japan’s unemployment rate of about 4% opposed to the U. S. unemployment rate of close to 10%. Even the financial debt to GDP ration is an advantage, and debt in the private sector has not increased unlike the U. S. and European countries, (Time, 2009). In addition, since Japan is a huge exporter and with the U. S. demand going downward, the international balances and growth declined especially as the dollar value dropped and the yen surged. Unlike the United States, Sweden took a double hit as weak international demand for its products and interest rates at home – GDP contracted by 0. % down, according to Sweden Real Estate (2010). Sweden’s home prices keep rising while the U. S. home prices had plummeted. As the United States continued to lose jobs monthly, Sweden kept the unemployed working thus, keeping them employed as jobs were affected globally. Internal market forces may have kept unemployment rising however, instability keep consumer confidence at bay. Great Recession of 2008 Government Economic Actions from Other Nations Both Japan and Sweden acknowledged the global economic situation that their country was now experiencing. With this acknowledge came much action to help aid in multiple shifts such as a rightward shift of the aggregated demand curve which can cause a recovery, with real GDP and employment increasing (Schiller, 2010) which was much needed not only in Japan and Sweden, but worldwide. Japan did a lot in terms of capital injection, recapitalization, public investment, and tax cuts. However, many agreed that many of the Japanese tactics helped to stabilize the economy, but these effects did not help recover the economy as originally first thought. Japan announced an economic stimulus package to help curb the recession which included the following actions: expanded credits for small business and a cash payout to every household to spur spending. Also tax breaks for workers affected by the recession and home buyers. This also injected funds into the markets and support for mid-sized businesses (Time, 2009). My favorite incentives include low interest mortgages for new home buyers and incentives for â€Å"green† technologies. Sweden was proactive in its approach to minimize and reduce the recession’s impact on its citizens and economy. Sweden kept it’s unemployment from soaring by cutting unemployment benefits and lowering taxes on low-income workers. However, this was not enough as the Swedish government presented a crisis package. One of the main actions of Sweden was being one of the first banks in Europe to make a large cut in its official bank rate. Moving further, the Swedish government provided a reduced in employment tax by half for the hiring of people who are long-term unemployed, the maintenance of railways and roads, construction programs, trainee programs, and student grants for individuals over the age of 25 years (Time 2009). Japan and Sweden received criticism for the stimulus/crisis packages to help their perspective nations to recover. Citing that packages were either not sufficient or they were short-term fixes. Also, critics were angry of the excessive spending which in short added to the rising debt of unemployment benefits, construction packages, and interest rates. Ultimately, this was and still is a global recession. There has to be a long- run self-adjustment formulated to not only entice investors, but provide confidence in the consumer again. Since the United States provides 70% in spending to the GDP while countries like Japan and Sweden provide the U. S. imports of various goods and services, this provides a healthy, global business cycle that incorporate growth in each contribution sector to every countries GDP. Great Recession of 2008 United States Economic Actions As the United States entered a new phase with a new president, a recession loomed amongst the nation. This recession was not like any other recession within the past two decades, but one that is compared to one such as the Great Depression that lasted a decade. Although the United States is known to be the biggest economy worldwide, it is not immune to global catastrophe. Many nations rely upon the U. S. for exports and imports and investors take notice. Although, the U. S. is a strong nation, a push for a faster economic recovery was addressed. The United States economic stimulus package was a $787 billion sanction which was the biggest bill since the great depression. The package included the following: Energy efficiency and renewable energy projects Science and technology to improve broadband internet Infrastructure for highways, bridges and clean water Education and healthcare Interest rate of 0% `The U. S. stimulus package was parallel to that of Japan and Sweden with the â€Å"green† initiative to save and preserve energy, also the infrastructure idea to create jobs and keep the citizens minds at bay and become more confident in the system. We must remember that economic stimulus is another means by which a government can seek to boost its economy, either in the short term, by encouraging consumers or companies to consume goods, or in the longer term, by encouraging the growth of businesses and the creation of jobs through investments in infrastructure and research. Education was a big change with both Sweden and the United States (Teslik, 2009). It certainly depends on the individual and critics to assume what was successful and what wasn’t. For example, a homeowner that receives tax credit for new more energy efficient appliances may think that the package has worked in his/her favor. Or even the person that purchases a new vehicle during the cash for clunkers deal, this may be a great experience and the stimulus is working for him/her. However, there are always the negative experiences when a college graduate wants and is eager to enter the work force, but is discouraged when him/her have been searching for over a year. Nevertheless, there is part of the stimulus that had to be altered from my experience. President Bush gave every household a lump sum depending on your household size and dependants. Many of the individuals either saved the money or spent on necessities. However, later as President Obama acknowledged did not work, he later revised and gave the tax break it increments on your payroll or unemployment check. Great Recession of 2008 Conclusion The U. S. 2008 recession was like no other, economists mention a stronger comparison with the 2008 recession to that of the great depression. The 2008 recession was and still is in fact, one of the worst recessions on record. Many individuals don’t realize the impact the U. S. has on other nations. In my opinion, if the U. S. does not recover the surrounding the neighboring nations that have a relationship with the United States will falter and potentially end up bankrupt. This new millennium does not compare to the 1920’s and 30’s. This new day and age bring mass media coverage, global corporations, extensive investing, trade, external shocks, policy levers, and international balances. There is a difference. There will always be critics to voice what went wrong and what should have been done prior to a recession occurring. Nonetheless, a recession is needed for growth and creative innovation for a country to continue to develop. The determinants and outcomes of the economy are important and is a direct effect of the nation’s GDP. The uses of monetary and fiscal policies are important when trying to shift the AD curve and have the nation recover from a recession. Although spending exists with a deficit that continues to grow, the nation will prevail as it had before. The United States have learned much from many nations such as Japan with the lost decade and Sweden’s double dipping economy. The great recession of 2008 has taught many businesses, citizens, and global governments many lessons and through these lessons is preparation for a new tenure.

Compare Chinese monster and American monster Essay - 1

Compare Chinese monster and American monster - Essay Example Although many Chinese still believe that Nian exists, it has never appeared in the community or to a human again. Today, many of the Chinese light fireworks, as well as beat drums and gongs to drive the monster away. Modern people living in major towns and cities are the most notorious with the annual Spring Festival in commemoration of Nian the monster (Wong 27). In addition, the day signifies what most Chinese consider the unprecedented breakthrough after some villagers successfully tamed a horrible, ferocious monster that intimidated, attacked or even killed innocent people. Incidentally, tribulations of the village and the ultimate breakthrough forms the basis of contemporary traditions and customs associated with beating of drums, wearing red outfit and lighting of fireworks. The two other articles focus on Momo, an American monster. Momo (also known as the Missouri Monster) is hairy and foul-smelling (Hamilton 16). In general, the key differences between Nian and Momo highlight the fundamental cultural variation between China and the United States of America. The Big Book of Missouri Ghost Stories (2013) by Troy Taylor examines and analyzes the circumstances leading to the discovery of Momo the Missouri Monster. Apart from Momo, the article analyzes various legends and ghostly tales of Missouri (Taylor 130). In addition, the article asserts that most of the legends and ghostly tales consist of a mystery, bloodshed, and tragedy. Taylor further states that copious other stories about Missouri have since been lost in time, hidden or remained secret. Although a number of legends seem to have significantly impacted villages, towns and states, Americans do not take them seriously unlike the Chinese (Taylor 130). Louisiana residents have never considered the day some residents purportedly saw Momo special in their cultural history. Nevertheless, a few have forgotten the mystery and tribulations surrounding the reports about sightings of the