Friday, August 21, 2020

Impact Of The Holocaust On Christian Jew Relations Religion Essay

Effect Of The Holocaust On Christian Jew Relations Religion Essay This exposition will concentrate on a few angles. The main will consider the atmosphere that lead to the war in the early years. It will go on to quickly examine what happened during the Holocaust, and larger part of it will concentrate on how the Jews and Christians were influenced between 1945 till the current day. With the goal for us to comprehend the connection among Christian and Jews both during and post the holocaust, it is critical to comprehend their relationship preceding the war. It is at exactly that point we can build up whether a change occurred previously or after. The holocaust influenced Jews the whole way across Europe, especially in Germany, constrained by the Nazi government, and Poland, which was vanquished by Germany in 1939. Poland was very critical in light of the fact that it got one of the regions where the homicide of Jews from all over Europe was done. The Nazi system was established by Hitler. He accepted that the Jews were a mediocre race and were the fundamental driver of the all the issues that has been happening in Germany and Europe, especially in the money related situation. His definitive arrangement was to expel the Jews from Europe by eradicating them. He did this by discovering who the Jews were and where they lived, and afterward moving them like cows into ghettoes and inhumane imprisonments, for example, Auschwitz. This is what is authoritatively known as the Holocaust. The establishments of partiality against Jews can be followed as far back to the Crusades. During the Crusades Jews were slaughtered when Christian armed forces had caught Jerusalem, and here the main connection among Christian and Jews is obvious. As right on time as 1290, Jews had been driven away from England however then during the rule of Cromwell there were a not many that had moved into London. Because of this in 1655 Jews had begun to build up their own networks (Religion ever, pp226, K. H Holtschneider). Looking further into the historical backdrop of Jews and Christians, there were clear issues as expressed in Bubers diary Der Jude which remembered articles by Jews for Christianity and Christians on Judaism. It was endeavored to unite the two beliefs however rather it lead to Christians declining to perceive Judaism as a confidence that could live close by Christianity (Mendes Flohr, 1987, pg226 in Religion ever). Proceeding onward from that time, it was in England during t he 1650s that there was another endeavor to accommodate with Jews and this was required in light of the fact that their transformation to Christianity was accepted to be fundamental introduction to Christs second coming. All the more altogether, this was a view that was starting to be shared among other European nations from 1570 onwards and they began to think about whether they needed to concede Jews. This mistreatment was as yet apparent earlier the Second World War in 1920 when Jewish outsiders in the USA became casualties of the Klu Klux Klan, a bigot association that needed to keep American culture white and Christian protestant. (Susan Willoughby pg 6). In Europe, albeit initially Christian and Jewish relations battled preceding the Second World War as they endeavored to find reality in Christianity. In any case, this specific part of the disturbed connection between the two gatherings was not at the cutting edge of issues confronting the relationship because of the philanthr opic emergency that was being confronted. (Religion ever, pg 226, Holtschneider). During the war, the circumstance turned out to be hard for individuals living in Germany. With a large portion of German culture being against the Jewish individuals they likewise started to confront the circumstance of abstaining from wedding Jews or to isolate from their Jewish accomplices in spite of having been in long haul relationships. Sources reveal to us that dominant part of Christians who were hitched to Jews stayed by their companions even before they realized that they could spare them through steadfast acts (Holtschneider, Religion in History in pg 238, Barkai, 1998, pg 253). Note that Jews were not by any means the only casualties of Hitlers Nazi Regime, with different casualties including minority gatherings, for example, rovers, gay people and those with mental or physical impedances. Notwithstanding, this entire crusade of abuse and destruction was exceptionally critical as far as its center, scale and power. This is vital to the connection among Jews and Christians as it raises issues about the mentalities of the Christian since they were there to observe the Anti Semitic Jewish measures during the 1930s and the extraditions that were completed before them. Be that as it may, it is additionally contended that anybody in Germany who helped Jews confronted risk and this halted any endeavors to help. (Study Guide 5, pg 13) This demeanor even went as a far as the, detachment of the Protestant holy places into Christians of German drop and Christians of Jewish good. Despite the fact that a few Protestants attempted to talk through strict issues with Jews this was begun more regularly by Jews than by Christians. Toward the finish of the war and after the holocaust the choices open to Jews with regards to where they should start to reconstruct their lives relied to a great extent upon their national personality before the war. Most Italians and French returned to Italy and France as they perceived their way of life as connected with their nation of birthplace. In any case, numerous Jews from Eastern Europe and Germany settled on migration since they felt that their relationship with their country had been harmed (Herbert, Religion in History Pg.241). Numerous Jews went to the United States as exiles, yet larger part of Jewish dislodged people concluded they would come back to Israel and United States anyway the USA despite everything had severe principles about movement just as the United Kingdom. The United Kingdom was in dread of inciting the Arab individuals in Israel into retaliating. It was during this time the recently autonomous State of Israel was framed and there were loads of arrang ements to broadly honor the holocaust. Moreover during the war numerous nations had shut their fringes to migration. Nonetheless, regardless of every one of these hindrances Jews were quick to leave Europe at the earliest opportunity. It has been expressed by Don Peretz, (Study Guide, pg 86) that on 29th November 1947, the General Assembly of the United Nations embraced a goals requiring the foundation of a Jewish State in Palestine. This acknowledgment by the United Nations of the privilege of the Jewish individuals to set up their autonomy state is unassailable. Yad Vashem is a historical center which recounts to the account of the Holocaust that underlines rehearsing Zionism. This underlines the total requirement for a Jewish country in Palestine. Regardless of this solid inclination the Jewish Christian relationship has not totally self-destructed and finds a spot in with Righteous Gentiles whom of many are Christian. This is critical while inspecting the post war relations, in light of the fact that among all the battling and brutality among Jews and Christians during the war here is a ground to reconstruct the connection between them. Making the province of Israel in 1948 additionally effectsly affected the Christian temples of the time. As Paul Van Buren states, the stun of the repulsiveness at the Germans wrongdoings against the Jewish individuals and the much more noteworthy religious stun of the presence of a Jewish state prompted the first striking change in quite a while among Christians and Jews(Study Guide pg 67). So as to follow these improvements it is critical to take a gander at the response of the Protestant temples in Germany. Their congregation heads were the first to concede that and denounce the Nazi frightfulness that had occurred in Europe. It was in October 1945 that their houses of worship discharged an official Stuttgart presentation of blame, which expressed how sorry they were that they didn't face the Nazi system all the more mightily. It required some investment for the congregation to acknowledge this and this was to a great extent because of the way that the sufferings of the Jews were accused on mainstream powers inside Europe. This lost the fault, viewed the Nazi system as an, evil effect of worldwide enemy of Semitism were totally observed because of current mainstream man. (Study Guide, pg 67, John S Conway). Then again the Catholic Church was profoundly embroiled in the counter Semitic savagery against the Jews. The agent Jews did nothing to stop the political publicity, and besides they even went as a far as supporting the lawmakers and the battle (Mendelsohn, 1983, Religion ever, 228, K. Hannah Holtschneider,). To investigate this further Ronald Modras did a review of Catholic perspectives towards Jews and their religion during the 1920s and 1930s preceding the War. What he discovered was that there was an expansion in hostile to Semitic perspectives in the Catholic people group. This was on the grounds that in Germany the Jews were viewed as agents of secularism and along these lines unquestionably hostile to catholic, and this was the beginning of when racial thoughts started to penetrate catholic networks, especially concerning permitting Jewish proselytes to Catholicism. Different Catholics additionally thought about migration, and this occurred through boycotting Jewish business w hich would diminish Jewish salary close by supporting Zionism. (Religion ever, pg 229, K. Hannah Holtschneider). The Jewish people group had been decimated by the Holocaust. The last Vatican II since 1960 have purchased Jews together. As referenced in Religion ever, pg 243, K. Hannah Holtschneider) These discussions are for the most part Christians activities an inversion of the prewar Christian-Jewish discoursed in Germany. The result of the Holocaust has moved toward the western world particularly in the U.K and U.S. Europe had a great many destitute evacuees after the war. Numerous Holocaust survivors were German DPs (dislodged people) who were not German or Jewish, a few survivors came back to Poland, the greater part chose to emigrate to the U.S or Israel. (Religion ever, pg 243, K. Hannah Holtschneider). Moreover the Vatican specialists were not prepared

Monday, July 13, 2020

25 Thesis Statement Examples That Will Make Writing a Breeze

25 Thesis Statement Examples That Will Make Writing a Breeze Understanding what makes a good thesis statement is one of the major keys to writing a great research paper or argumentative essay. The thesis statement is where you make a claim that will guide you through your entire paper. If you find yourself struggling to make sense of your paper or your topic, then its likely due to a weak thesis statement.Lets take a minute to first understand what makes a solid thesis statement, and what key components you need to write one of your own.A thesis statement always goes at the beginning of the paper. It will typically be in the first couple of paragraphs of the paper so that it can introduce the body paragraphs, which are the supporting evidence for your thesis statement.Your thesis statement should clearly identify an argument. You need to have a statement that is not only easy to understand, but one that is debatable. What that means is that you cant just put any statement of fact and have it be your thesis. For example, everyone knows that pup pies are cute. An ineffective thesis statement would be, Puppies are adorable and everyone knows it. This isnt really something thats a debatable topic.Something that would be more debatable would be, A puppys cuteness is derived from its floppy ears, small body, and playfulness. These are three things that can be debated on. Some people might think that the cutest thing about puppies is the fact that they follow you around or that theyre really soft and fuzzy.All cuteness aside, you want to make sure that your thesis statement is not only debatable, but that it also actually thoroughly answers the research question that was posed. You always want to make sure that your evidence is supporting a claim that you made (and not the other way around). This is why its crucial to read and research about a topic first and come to a conclusion later. If you try to get your research to fit your thesis statement, then it may not work out as neatly as you think. As you learn more, you discover m ore (and the outcome may not be what you originally thought).Additionally, your thesis statement shouldnt be too big or too grand. Itll be hard to cover everything in a thesis statement like, The federal government should act now on climate change. The topic is just too large to actually say something new and meaningful. Instead, a more effective thesis statement might be, Local governments can combat climate change by providing citizens with larger recycling bins and offering local classes about composting and conservation. This is easier to work with because its a smaller idea, but you can also discuss the overall topic that you might be interested in, which is climate change.So, now that we know what makes a good, solid thesis statement, you can start to write your own. If you find that youre getting stuck or you are the type of person who needs to look at examples before you start something, then check out our list of thesis statement examples below.Thesis statement examplesA qu ick note that these thesis statements have not been fully researched. These are merely examples to show you what a thesis statement might look like and how you can implement your own ideas into one that you think of independently. As such, you should not use these thesis statements for your own research paper purposes. They are meant to be used as examples only. Vaccinations Because many children are unable to vaccinate due to illness, we must require that all healthy and able children be vaccinated in order to have herd immunity.Educational Resources for Low-Income Students Schools should provide educational resources for low-income students during the summers so that they dont forget what theyve learned throughout the school year.School Uniforms School uniforms may be an upfront cost for families, but they eradicate the visual differences in income between students and provide a more egalitarian atmosphere at school.Populism The rise in populism on the 2016 political stage was in reaction to increasing globalization, the decline of manufacturing jobs, and the Syrian refugee crisis.Public Libraries Libraries are essential resources for communities and should be funded more heavily by local municipalities.Cyber Bullying With more and more teens using smartphones and social media, cyber bullying is on the rise. Cyber bullying puts a lot of st ress on many teens, and can cause depression, anxiety, and even suicidal thoughts. Parents should limit the usage of smart phones, monitor their childrens online activity, and report any cyber bullying to school officials in order to combat this problem.Medical Marijuana for Veterans Studies have shown that the use of medicinal marijuana has been helpful to veterans who suffer from Post-Traumatic Stress Disorder (PTSD). Medicinal marijuana prescriptions should be legal in all states and provided to these veterans. Additional medical or therapy services should also be researched and implemented in order to help them re-integrate back into civilian life.Work-Life Balance Corporations should provide more work from home opportunities and six-hour workdays so that office workers have a better work-life balance and are more likely to be productive when they are in the office.Teaching Youths about Consensual Sex Although sex education that includes a discussion of consensual sex would like ly lead to less sexual assault, parents need to teach their children the meaning of consent from a young age with age appropriate lessons.Whether or Not to Attend University A degree from a university provides invaluable lessons on life and a future career, but not every high school student should be encouraged to attend a university directly after graduation. Some students may benefit from a trade school or a gap year where they can think more intensely about what it is they want to do for a career and how they can accomplish this.Studying Abroad Studying abroad is one of the most culturally valuable experiences you can have in college. It is the only way to get completely immersed in another language and learn how other cultures and countries are different from your own.Womens Body Image Magazines have done a lot in the last five years to include a more diverse group of models, but there is still a long way to go to promote a healthy womans body image collectively as a culture.Cig arette Tax Heavily taxing and increasing the price of cigarettes is essentially a tax on the poorest Americans, and it doesnt deter them from purchasing. Instead, the state and federal governments should target those economically disenfranchised with early education about the dangers of smoking.Veganism A vegan diet, while a healthy and ethical way to consume food, indicates a position of privilege. It also limits you to other cultural food experiences if you travel around the world.University Athletes Should be Compensated University athletes should be compensated for their service to the university, as it is difficult for these students to procure and hold a job with busy academic and athletic schedules. Many student athletes on scholarship also come from low-income neighborhoods and it is a struggle to make ends meet when they are participating in athletics.Women in the Workforce Sheryl Sandberg makes a lot of interesting points in her best-selling book, Lean In, but she only add ressed the very privileged working woman and failed to speak to those in lower-skilled, lower-wage jobs.Assisted Suicide Assisted suicide should be legal and doctors should have the ability to make sure their patients have the end-of-life care that they want to receive.Celebrity and Political Activism Although Taylor Swifts lyrics are indicative of a feminist perspective, she should be more politically active and vocal to use her position of power for the betterment of society.The Civil War The insistence from many Southerners that the South seceded from the Union for states rights versus the fact that they seceded for the purposes of continuing slavery is a harmful myth that still affects race relations today.Blue Collar Workers Coal miners and other blue-collar workers whose jobs are slowly disappearing from the workforce should be re-trained in jobs in the technology sector or in renewable energy. A program to re-train these workers would not only improve local economies where jo bs have been displaced, but would also lead to lower unemployment nationally.Diversity in the Workforce Having a diverse group of people in an office setting leads to richer ideas, more cooperation, and more empathy between people with different skin colors or backgrounds.Re-Imagining the Nuclear Family The nuclear family was traditionally defined as one mother, one father, and 2.5 children. This outdated depiction of family life doesnt quite fit with modern society. The definition of normal family life shouldnt be limited to two-parent households.Digital Literacy Skills With more information readily available than ever before, its crucial that students are prepared to examine the material theyre reading and determine whether or not its a good source or if it has misleading information. Teaching students digital literacy and helping them to understand the difference between opinion or propaganda from legitimate, real information is integral.Beauty Pageants Beauty pageants are presen ted with the angle that they empower women. However, putting women in a swimsuit on a stage while simultaneously judging them on how well they answer an impossible question in a short period of time is cruel and purely for the amusement of men. Therefore, we should stop televising beauty pageants.Supporting More Women to Run for a Political Position In order to get more women into political positions, more women must run for office. There must be a grassroots effort to educate women on how to run for office, who among them should run, and support for a future candidate for getting started on a political career.Still stuck? Need some help with your thesis statement?If you are still uncertain about how to write a thesis statement or what a good thesis statement is, be sure to consult with your teacher or professor to make sure youre on the right track. Its always a good idea to check in and make sure that your thesis statement is making a solid argument and that it can be supported by your research.After youre done writing, its important to have someone take a second look at your paper so that you can ensure there are no mistakes or errors. Its difficult to spot your own mistakes, which is why its always recommended to have someone help you with the revision process, whether thats a teacher, the writing center at school, or a professional editor such as one from ServiceScape.

Thursday, May 21, 2020

Hidden Figures By Margot Lee Shetterly And Kathryn...

Segregation, a prominent social injustice in American history, is depicted in both Hidden Figures by Margot Lee Shetterly and Kathryn Stockett’s The Help. By definition, segregation is the separation of someone or something. During 1960s America, colored people were mistreated regularly. Laws separated those who were white and those who were not. Both groups lived apart and were given separate bathrooms, libraries, and more. However, the colored facilities often were worse in quality, and many endured racism from their white counterparts. There was a wide spectrum of hate crime that varied in severity, as some people were even targets for brutal crimes simply for the amount of melanin in their skin. Hidden Figures by Margot Lee Shetterly†¦show more content†¦The text especially demonstrates this when Minny tells Aibileen, â€Å"‘Things ain’t never gone change in this town, Aibileen. We living in hell, we trapped. Our kids trapped’†(Stockett 230). The reason Minny tells Aibileen this is because a colored father was recently shot in front of his children by the KKK, a real hate group targeting minorities. Minny means that everyone colored is ‘trapped’ in fear because of hate crime, and that no matter what, anyone colored is a target. This fear also applies to the way that Minny and Aibileen fear the chance that the citizens of Jackson will realize that part of the novel is told from their perspectives. Both women are maids to upper class white people who can easily ruin lives. Thus, Minny and Aibileen would probably be targets for severe crime. All in all, the way The Help explains the fear of hate crimes significantly impacts the way it depicts segregation. In addition, The Help explains the most significant aspect of racism as a whole- the importance of an upbringing. If a child is raised in a home filled with the acceptance of all, the child will grow up to be a much more open-minded individual. However, if the child is brought up in a home of racism, the child will most likely discriminate those of a different race. Similarly, Aibileen teaches Mae Mobley, a young child, that humans are humans no matter their color.Show MoreRelatedHidden Figures By Margot Lee Shetterly Segregation / Civil Rights Movement1347 Words   |  6 Pagesof colored people and being separated from the white community. This time period, the 1960’s, was shown in both Hidden Figures and The Help. The book Hidden Figures by Margot Lee Shetterly represents segregation/Civil Rights Movement as a nonfictional story about three black woman who strive to be engineers at the Langley lab in Virginia and their efforts to get there. However, The Help by Kathryn Stockett represents segregation/Civil Rights Movement as the backdrop for the plot, two black womanRead MoreHidden Figures By Margot Lee Shetterly Segregation / Civil Rights Movement1288 Words   |  6 Pagesof colored people and being separated from the w hite community. This time period, the 1960’s, was shown in both Hidden Figures and The Help. The book Hidden Figures by Margot Lee Shetterly represents segregation/Civil Rights Movement as a nonfictional story about three black women who strive to be engineers at the Langley lab in Virginia and their efforts to get there. However, The Help by Kathryn Stockett represents segregation/Civil Rights Movement as the backdrop for the plot, two black womanRead MoreThe Help And Hidden Figures : A Case Of Racism And Gender Inequality1760 Words   |  8 PagesThe Help and Hidden Figures: A case of Racism and Gender Inequality The movie industry has developed tremendously with movies made that are not afraid to address the current social issues in the world. There is also a trend today where more books are made into movies with the list being endless such as the popular hunger games and Harry Potter books. This caters to those who prefer watching the aspects of the book rather than reading and those who have read the book and what their imagination of

Wednesday, May 6, 2020

Business Research Applications Paper - 1143 Words

Research is one of the most essential aspects that influence decision makers of many companies. These decisions are based on facts. These facts are verifiable and can be replicated. Good research follows these standards of the scientific method. The characteristics of the scientific method of research are: â€Å"1) Purpose clearly defined 2) Research process detailed 3) Research design thoroughly planned 4) High ethical standards applied 5) Limitations frankly revealed 6) Adequate analysis for decision maker’s needs 7) Findings presented unambiguously 8) Conclusions justified 9) Researcher’s experience reflected. Good business research has an inherent value only to the extent that it helps management make better decisions that help†¦show more content†¦In addition, these researchers often seek out people who are well informed on the topic, especially those who have clearly stated positions on controversial aspects of the problem† (Cooper Sc hindler, 2006, p. 63). Both of these methods are viable; however, they could be biased-based, depending on the participants. Using them in conjunction with one another can supersede the bias and objective data can be retrieve, which proved to be extremely useful. Another research method that Analytic Services, uses is a survey that is usually conducted and distributed by the human resources department at least once a year. This is the Employee Satisfaction Survey. This survey consists of about 10 questions ranging from â€Å"how you would describe your work† to upper management visibility and a rating scale of one to five. A score of one would mean the participant strongly disagrees and a score of five means, that the participant strongly agrees. The last question requires the participant to write a summary on how he or she would improve their department or division. This survey has caused much dilemma for management because they receive precise steps on improvement b ut never put the suggestions in place. For instance, the finance department has a high turnover rate, this has been happening for the last eight years. The controller has been terminated, the account manager resigned, the lead accountant resigned, the contractsShow MoreRelatedQnt 561 Complete Class Essay963 Words   |  4 Pageshttp://homeworkonestop.com/qnt-561-complete-class Product Description QNT 561 (Applied Business Research and Statistics ) Week 1 Individual Week One Practice Problems Complete the following Week One Practice Problems in MyStatLab ®: †¢ Ch. 2 of Statistics for Business and Economics o 2.37, 2.38, 2.44, 2.46, 2.54, 2.64, 2.68, 2.79, 2.85, 2.89, 2.93, 2.94, 2.106, and 2.108 †¢ Ch. 4 of Statistics for Business and Economics o 4.1, 4.12, 4.13, 4.21, 4.79, 4.80, 4.81, 4.89, 4.91, 4.106, and 4.124 Read MoreThe Current State Of Art1733 Words   |  7 Pagesthe margins of physical components. 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Impact of globalization on manufacturing in the U.S Free Essays

Globalization owes its origin to at least the late 1980s. During this period, new nations were entering into manufacturing, which was in some logic the weakest connection in the U. S. We will write a custom essay sample on Impact of globalization on manufacturing in the U.S or any similar topic only for you Order Now series of science, development, manufacturing, and sale of goods and services. However, for some nations such as Japan, lower wages firstly made it possible to exploit this relative U. S. weakness. Nevertheless, Japan swiftly developed other diverse advantages articulated on improved manufacturing methods (Benjamin Perry, 2003). Impact on labor market Globalization stimulates extensively differing views and projections, varying from rosy portrayal of a supple, worldwide borderless labor market to awful situations of severe polarization between labor market â€Å"winners† as well as â€Å"losers. † First, let us examine globalization impact on careers (labor) and its subsequent consequences on manufacturing. With reduced trade barriers, new international market crop up as well as advanced information and communication technologies, the job market was tremendously affected. Globalization has had an astonishing effect on working-class citizens in the United States, chiefly through the loss of hundreds of thousands of jobs brought about by outsourcing, with limited benefits to society (Benjamin Perry, 2003). The key motivation for the outsourcing of jobs was to cut the extremely high labor costs that are thought to diminish revenue. Employers are reluctant to hire workers due to high cost of employee benefits, competitive wages, and skyrocketing health-care premiums hence they consider outsourcing the work to be cheap (Bardhan Kroll, 2003). In essence, it is more economical for an American firm to hire a computer programmer in India who would be eager to perform the work for about one-fifth the pay of an American employee with a degree, whose starting salary would be about $50,000-$70,000 (Benjamin Perry, 2003). This leads Americans to be more uncertain about their job security since they cannot compete with their foreign counterparts that perform the same quantity of work for considerably less pay. Studies show that an estimated more than 2 million workers in the United States have lost their jobs in the last several years due to business closures in addition to layoffs (Bardhan Kroll, 2003), (Benjamin and Perry 2003). Whereas higher productivity and new management and hiring practices are associated with loss of jobs, a number of companies are increasingly transferring their businesses to other countries with cheap cost of wages as opposed United States. Manufacturing industry has suffered largely in terms of job losses, involving mostly blue-collar workers. It is however acknowledged that many of white-collar jobs are going to China (for manufacturing) (Benjamin and Perry 2003). In the case of working Americans, they have been negatively affected by the colossal increase in foreign trade. There has been loss of well-paying manufacturing jobs, important downward pressure on wages as well as increased disparity. The doubling of trade as a share of the economy over the last 25 years was accompanied by a substantial trade deficit, directly displacing several million jobs (Benjamin Perry, 2003). Majority of the jobs were in the manufacturing region, which incorporated millions of union jobs that were well paying compared with average wages (Bardhan Kroll, 2003). Within a period of five years from 2000 to 2005, there was decline as well as disappearance of more than three million manufacturing jobs. It is estimate that at least 30 percent of the decline was due to the rise in the manufactured goods trade deficit (Bardhan Kroll, 2003). With U. S. multinational corporations being occupied on both sides of the international trade, almost 50% of all U. S. -owned manufacturing production is now situated in foreign countries, thus an imperative part of the manufacturing job loss has been due to most of U. S. firms exporting back to the U. S. or producing abroad what they once produced locally (Benjamin Perry, 2003). The loss of manufacturing jobs as result of globalization saw wage losses for displaced workers, majority of whom never regained their former wage levels even after acquiring new employment. Globalization had also the effect of increasing world production capacity, which had had the effect of lowering the prices of traded goods, the consequence of which saw workers pay being reduced to reflect the value of goods produced (Bardhan Kroll, 2003). Employers to oppose wage increments for the manufacturing employees used the direct foreign threat. Similarly, the flow of investment in plant and equipment and technology oversaw increase in foreign productivity in sectors that used to be U. S. export strongholds, resulting in declining terms of trade and hence declining real income growth. Last but not the least, as foreign trade drove workers out of manufacturing into poorly paid service jobs; the new supply of workers competing for the same jobs orchestrated lowering of wages of similarly skilled service workers. What does it imply? It implies that throwing the American workers into competition with production derived from low-wage countries, both those workers engaged directly in import-competing sectors as well as all employees economy-wide who have similar expertise and qualifications will have their wages squeezed. In fact, whereas trade flows with low-wage nations have increased, the distribution of income and wealth in the U. S. has grown more and more unequal (Benjamin Perry, 2003). Impact on input versus output International Trade is increasingly imperative in the global economy and to the United States in particular. During the last 15 years, global sells abroad have more than tripled and have accounted for more than a third of global economic growth. In deviation from the previous decades, when industrialized economies dictated global trade flows, there has been an increase in developing economies’ share of global exports by just over a quarter in the late 1990s to 41 percent by 2004 (Bardhan Kroll, 2003). Increased participation in international trade by the developing world is a crucial force behind what many refer to as â€Å"globalization†. Actually more than 50 percent of US trade presently carried out with developing countries, up from just over a third in the late 1980s. In US economy, manufacturing is the most trade-engaged sector accounting for 60% of the country’s exports and 80% of imports. Globalization has had an important impact on U. S. manufactures, as manufactured products accounts for 75 percent of worldwide trade (Bhagwati Marvin, 1994). Following vigorous intensification of both U. S. manufactured exports and imports at some stage in the mid 1990s; a noteworthy departure has taken place. Ever since 1998, U. S. sells abroad have grown by just 3 percent per-year (Bardhan Kroll, 2003). The country’s share of world exports fell from 13 percent in 1998 to just 9 percent in 2004 – the lowly allocation dating 17 years back. Happening correspondingly, imports grew by 8% per-year and the manufactured trade shortfall increased from -240 billion to -603 billion by 2005 (Bhagwati Marvin, 1994). Whereas a variety of the latest import surge has been as a result of the strong U. S. conomy (especially since mid-2003) the truth remains that today, trade ins account for over a 35 percent of manufactured products consumed in the United States – an increase from 25 percent in 1992 and just 15% a 10 years earlier (Bhagwati Marvin, 1994). A 66 percent of the increase in manufactured imports since 1998 originated from the developing world, and half of that has came from China alone. This rise in import penetration and loss of export competitiveness has had a signifi cant impact on the current state manufacturing (Bhagwati Marvin, 1994). While in general, manufacturing production has improved from the 2001 decline, currently positioning at 6 percent above its pre-recession high, in addition to manufacturing employment increasing moderately subsequent to bottoming out earlier in 2004, the present manufacturing resurgence has developed half as fast as the recoveries following the preceding four declines (Bhagwati Marvin, 1994). Of eminent concern is the loss of market share both at home and abroad in recent years by the Unite States manufacturing. While some articulate this market share loss to be because of the inevitable bad trade policy as well as globalization, to others this serves as a pointer to the fact that in a time of severe global competition, changes in a country’s competitiveness have much larger effects at present than they had in previous decades. Consider dollar value for instance. After sustaining stability for the better part of a decade, its value increased by 28 percent through the period running from 1996 to 2002. Dollar value increase led to imports being competitive in the US market, whereas concurrently it made U. S. exports more costly in markets overseas. It was during this period that, the rise in import penetration as well as the loss of global export share abroad was most significant. In a period of elevated international competition, US manufacturers have crucially been burdened by high structural non-production costs. Over the last decade, U. S. manufacturers have increased their productivity by over half, more than 150 percent the pace of their major trading partners. Conversely, much of these efficiency gains have been offset by rising non-production costs at home. As per a research carried out several years ago by the NAM’s Manufacturing Institute, which compared non-production costs on U. S. manufacturers to their nine major trading competitors: The findings indicated that Corporate Taxes on U. S. manufacturers were 16% high than those of their major trading partners. Benefit costs 36% higher, Regulatory burden 85% higher and Litigation 250% higher. Summed up, these excessive non-production costs add 22% to the cost of manufacturing in the U. S. and put U. S. manufacturers at the same level with Germany as most expensive place to produce in the world (Benjamin Perry, 2003). Moreover, the recent rise in natural gas prices in US has only exaggerated the problem. If US could exclude those excessive costs, it would actually be a lower-cost place to manufacturer than most of their industrialized competitors (Broda David, 2006). Outsourcing has seen the elimination of hundreds of thousands of jobs in the United States within the manufacturing industry. Outsourcing not only benefited US corporations, but also minimized the benefit to society (Broda David, 2006). To offer an anecdote to this observation that outsourcing only benefits corporations while, only minimizing the benefit to society, Tyco Corporation, recently relocated to a location in Texas. Two of the major grounds for their relocation were due to the fact of lower labor costs as well as cheaper manufacturing costs (Broda David, 2006). This was due to the comparatively close proximity to Mexico. Tyco perhaps took advantage of the great number of immigrants that move to Texas, who can work for comparatively low pay, which would facilitate raise, their bottom line. In so doing the company laid-off more than two hundred employees, some of this had been with the company for almost thirty-five years who had been making close to $22 per hour. The net effect was that these employees had to look for fresh employments, in lower-paying positions that maybe paid half as much, as well as they lost all of their seniority (Broda David, 2006). Conclusion Even though there has been decline in jobs as well as universal interest within the manufacturing sector, outsourcing has had its benefits within the United States (Mandel, 2004). Sadly, it has been a consequence of just corporate welfare. Outsourcing has absolutely maintained costs low because of cheap input costs, which drips downward to the end user in low-priced products. In addition, with productivity rising from annually, corporations have been capable to raise their bottom lines while avoiding price surges (Mandel, 2004). Regrettably, corporate profits are escalating, save for there are no new jobs being created—jobs relocated to other countries are not being replaced. If blue collar, working-class citizens as well as the jobless workers who experience no job intensification are losing out, in that case who is winning the battle? Fine, additional productivity as well as lesser-input expenses decode to higher wealth. Businesses with their continually increasing profit limits; consumers, who experience near to the ground cost of goods. Furthermore, with no job growth in the current economy, there is really no new job industry to lead the way in creating new jobs. Too many U. S. jobs are being outsourced, and without the innovation of new industries, â€Å"job growth will stay sluggish, demand will eventually sag, and†¦incomes will be driven down under the continued pressure of competition from China, India, and other low-wage countries† (Mandel, 2004). However, with the innovation of new upcoming technologies there can be an explosive surge in employment and enormous potential for the economy. How to cite Impact of globalization on manufacturing in the U.S, Papers

Thursday, April 23, 2020

The Advantages of Coral Reefs for Human free essay sample

The Advantages of Coral Reef for Human Coral reefs are among the most ancient of earth`s natural wonders. It is because they are the most biologically diverse ecosystem on the planet. Coral reefs are second only to the great rain forest of the world. Coral reefs are aptly and often referred to as â€Å"rain forest of the sea†, because of the diversity marine creatures that llived in coral reef. Many people mistakenly think of coral reef as inanimate rock formations, however coral reefs are actually comprised of living creatures known as coral polyps. Coral reef has various species that produce unique types of coral structures with different colours and textures, such as soft,flexible sea fan, or the hard coral. The difference colour and structure of this, that make coral reefs look beautiful. Besides the beauty of it, coral reef also has many advantages for human. There are at least four advantages of coral reef for human : providing food for many species of fish, providing income from underwater tourism, being the sources of medicine by doing marine research, and providing protective barrier around many islands. We will write a custom essay sample on The Advantages of Coral Reefs for Human or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The first advantage of coral reef is providing food for many species of fish. As we already know coral reef is home for thousand species of marine creatures. For example, â€Å"The Great Barrier Reef† that located in Australia is home to more than 400 types of coral, which shelter more than 1. 500 species of fish and 4. 000 types of mollusks. It also serves as habitat for endangered species, such as the sea cow (dugong) and the large green sea turtle. Besides, it is home for thousand marine creatures, it also provides food for us (human). Nowadays, many people like eating seafood such as fishs, shrimps, crabs, squids, lobsters, and clams. There are many kinds of marine creatures like fishes that can be made for food or dish. For example, salmon fish. Salmon fish is usually made for â€Å"sushi† or it becomes baked salmon. Japanese people usually make salmon fish to become sushi. Sushi is a Japanese food, consisting of cooked rice combined with raw seafood usually salmon fish, which is shaped into bite-size pieces and formed into a long seaweed-wrapped roll. They usually eat sushi while it was still uncooked, but some people prefer to eat when it was already cooked. Another dish or food that is made from salmon fish is â€Å"sashimi†. Sashimi is the same with sushi, but the difference is that sashimi can be eaten without rice while sushi should be eaten with rice. Sashimi is a Japanese dish made of thinny slices of fresh raw fish. It can be made from salmon or another kind of slices of fish. Sashimi was usually served uncooked, but if you want to eat cooked salmon, the waittress will bring a small stove with the small pan, so you can boiled the salmon. But before you eat your sashimi, it will be better if you dipped it into wasabi, so that your sashimi is safe to be eaten and free from bacteria that contained in uncooked salmon fish. Another example of kinds of seafood such as baked shrimps with butter sauce, fried squids with tiram sauce, spicy shrimp soup, tuna soup, shrimps salad with avocado, spicy crab soup, corn fritter with shrimp, and etc. The second advantage of coral reef is increasing national income from underwater tourism. Tourism is the biggest factor from the coral reefs. Because with the beauty of coral reef, it can be a major interest for tourists to come see it. For example the coral reef that located in Carribean Sea. The coral reef from there is different from any other coral reef that grow in Pacific Ocean. In Carribean Sea most of the coral reef are located in shallow area and the water is quite clear too. This, can be used to attract tourist to come to the Carribean Sea. Because of this, there are many diver shop that opened near the beach. So, tourist can choose whether they wanted to see the coral reef by diving or snorkelling. Another example of places in the world besides Carribean Sea that has beautiful coral reefs are The Great Barrier Reef that is located in Australia. As I already mention on top of my essay, The Great Barrier Reef is the largest reef in the world. In fact, it is the largest structure on Earth built by living things: corals. Almost 3. 000 individual reefs stretching approximately 1. 300 miles along the northeast coast of Australia. Off course there are many amazing variety of marine life and reef habitat reside there, like dolphins, turtles, the sea cow (dugong), and sometimes there are also whales. In fact, there are two millions people visit and dive there each year. Besides The Great Barrier Reef, there is also Palau Archipelago. Palau is an archipelago in the Pacific Ocean composed by around 343 islands, which is surrounded by seas and coasts and considered as wonder of the Underwater World. Palau is one of the greatest diving spots of the Earth. It is located to the southwest of Micronesia to 800 Kilometers (around 500 miles) of the Philippines. According to many scientists Palau is the most biologically diverse coral reef of the world. Sea biologists have found 700 coral species and over 1500 fish species in the reefs of Palau. Some of the most famous species that live in this underwater universe are: yellow butterfly fish, blue-headed wrasses, trunk fish, emperor angelfish-black, Ngemelis corals, anemones, giant clams (whose bodies measure until one meter), red and green brittle stars, shellfish, big cuttlefish, octopus, squids, the bizarre crocodille-fish, sea turtles, dolphins, whales, sea cow, and etc. All these species of fish attracts also great variety of predators like sharks, manta rays, eagle rays amongst other. From this we can conclude that coral reef can be the source of economy for people that live near the coral reef area. The third advantage of coral reef is being the sources of medicine by doing marine research. Humans have been attempting to understand and use oceanic resources since ancient times. Apart from corals, which have calcium and 74 other life-enhancing minerals, some of the coral reef organisms that hold special importance for the pharmaceutical companies are invertebrates like Sponges, Tunicates, Bryozoans, and Octocorals that are permanently attached to some surfaces. Since they are immobile, it becomes necessary for them to produce chemicals for either attracting prey or repelling predators, for reproducing, and many other purposes. Many of these chemicals have been found to have important antibiotic, anti-inflammatory, and anti-cancer drugs. Now, some scientists are doing some research about the potential of coral reef to cure diseases or for medical treatment. Because, they believe that it can be source of medicine in the next decade. Take example in Taiwan, Japan, China, and India coral reef products have been traditionally used for treating various illnesses. In Philippines for instance, giant clams are used as a malaria treatment. Let me give you another example of medicine made from organism in coral reefs. In United States, scientists have discovered new medicines such as â€Å"Ara-A† (an antiviral drug used for treatment of Herpes Infection), an antiviral drug †AZT†, and an anti-cancer agent â€Å"Ara-C† that used to treat acute myelocytic leukimia and non-Hodgkin`s lymphoma. The three new drugs that I have written earlier are made from extract of sponges that found on Carribean Reef. Besides, it can be the ource of medicine, organism in coral reef can be made to become cosmetics like â€Å"sun cream† products with SPF 50 that have been developed by Australian Researchers. In the future, coral reef ecosystems could represent an increasingly important source of medical treatments, nutritional supplements, pesticides, cosmetics, and other commercial products. The fourth advantage of coral reef is providing protective barrier around many islands. Same with the function of Mangroove trees, coral reefs has become an important aspect towards protecting coastal areas. Because, when the ocean waves crash against the coastal areas, the destructive power of the waves can cause an erosion, uproot the plants and damage existing facilities around the coastal area . But, with the presence of coral reefs that have a rocky structure, it can forms as a natural barrier around coastal areas which can absorbs the force of the waves. Actually, when the waves damage coral reef, the living coral reef structures growing back rather than eroding. Besides becoming a protective barrier, coral reefs also provide protection towards storm and flood to coastal areas by taking the brunt of the storm before it comes to the ashore. From this essay we can conclude that coral reefs have many advantages for human. That`s why we must preserve the coral reef that exist today, and not to damage them. To help preserve the coral reefs, we can start from the most smallest thing like not throwing garbage in the ocean, or when we are diving and see coral reefs, do not touch them because they can damage the coral reefs. Although things like this seem small, do not underestimate it. Because all efforts to take care of something important, is starting from the little things we do.

Tuesday, March 17, 2020

About Addison Mizner and Floridas Resort Architecture

About Addison Mizner and Florida's Resort Architecture Addison Mizner (born: December 12, 1872, in Benicia, California) remains one of the most influential figures of southern Floridas early-20th-century building boom. His fanciful Mediterranean style of architecture launched a Florida Renaissance and inspired architects throughout North America. Yet Mizner is largely unknown today and was rarely taken seriously by other architects during his lifetime. As a child, Mizner traveled around the world with his large family. His father, who became the U.S. minister to Guatemala, settled the family in Central America for a time, where the young Mizner lived among Spanish-influenced buildings. To many, Mizners legacy is based on his early exploits with his younger brother, Wilson. Their adventures, including a stint looking for gold in Alaska, became the subject of Stephen Sondheims musical Road Show. Addison Mizner did not have formal training in architecture. He apprenticed with Willis Jefferson Polk in San Francisco and worked as an architect in the New York area after the Gold Rush, yet he could never master the task of drawing blueprints. When he was 46, Mizner moved to Palm Beach, Florida because of his ill health. He wanted to capture the diversity of Spanish architecture, and his Spanish Revival style homes won the attention of many of the wealthy elite in the Sunshine State. Criticizing modern architects for producing a characterless copybook effect, Mizner said that his ambition was to make a building look traditional and as though it had fought its way from a small unimportant structure to a great rambling house. When Mizner moved to Florida, Boca Raton was a tiny, unincorporated town. With an entrepreneurs spirit, the eager developer aspired to transform it into a luxurious resort community. In 1925, he and his brother Wilson started Mizner Development Corporation and purchased more than 1,500 acres, including two miles of beach. He mailed out out promotional material that boasted a 1,000-room hotel, golf courses, parks and a street wide enough to fit 20 lanes of traffic. Stockholders included such high-rollers as Paris Singer, Irving Berlin, Elizabeth Arden, W.K. Vanderbilt II, and T. Coleman du Pont. Film star Marie Dressler sold real estate for Mizner. Other developers followed Mizners example, and eventually, Boca Raton became all that he envisioned. It was a short-lived building boom, however, and within a decade he was bankrupt. In February of 1933, he died at age 61 of a heart attack n Palm Beach, Florida. His story remains relevant today as an example of the rise and fall of a once-successful American entrepreneur. Significant Architecture 1911: Additions to White Pine Camp/Coolidge Summer White House, Adirondack Mountains, New York State1912: Rock Hall, Colebrook, Connecticut1918: Everglades Club, Palm Beach, Florida1922: William Gray Warden Residence, 112 Seminole Ave., Palm Beach, Florida1923: Via Mizner, 337-339 Worth Ave., Palm Beach, Florida1923: Wanamaker Estate / Kennedy Winter White House, 1095 North Ocean Boulevard, Palm Beach, Florida1924: Riverside Baptist Church, Jacksonville, Florida1925: Via Parigi, Palm Beach, Florida1925: Administration Buildings, 2 Camino Real, Boca Raton.1925: Boynton Womans Club, 1010 S. Federal Highway, Boynton Beach1925: Boca Raton Resort and Club, Boca Raton, Florida1926: Fred C. Aiken House, 801 Hibiscus St., Boca Raton, Florida Sources Boca Raton Historical Society and MuseumDivision of Cultural Affairs, Florida Department of State [accessed January 7, 2016]Florida Memory, State Library Archives of Florida

Sunday, March 1, 2020

Insecure Writers, Heres Your Support Group

Insecure Writers, Heres Your Support Group Insecure Writers, Here's Your Support Group! - An Interview with Alex J. Cavanaugh Author communities, groups, forums, alliances and collectives are developing and proliferating at enormous speed as writers seem to be both excited by the new publishing world and worried it’s gotten too big and competitive to navigate on their own.Some groups focus on the writing, and have their members critique and hone each other’s writing skills. Others focus on the publishing options, and particularly the DIY one. Many mix both.When I first heard about the Insecure Writers Support Group, I liked the fact that it was both targeted (it’s for insecure writers) and open to all (mainstream, hybrid, indie). By clearly stating its purpose, IWSG fosters more transparent and open conversations around it.Today, we interview Alex J. Cavanaugh, sci-fi author and founder of IWSG.Hi Alex, great to have you here. Firstly, how did you start the Insecure Writers Group?Thanks, Ricardo! I started it after making a random comment to another author that he needed such a group. T he idea caught fire and in September 2011, we launched the group. Everyone posts the first Wednesday of the month, either about their insecurities, breakthroughs, or triumphs, and then they visit other blogger to encourage them. In September 2013, we launched the IWSG website and the IWSG Facebook group. Last year we joined forces with another Facebook group and formed the IWSG Critique Circle and we put together a book, The Insecure Writer’s Support Group’s Guide to Publishing and Beyond.There is a clichà © that all authors are insecure about their writing, at least in their early years. Do you think there’s any truth behind that?Absolutely! Writing is such a personal and creative thing, and we all have doubts about our abilities. I’ve yet to meet a writer who thought he rocked right out of the box.What’s your ambition for IWSG? You’ve added a lot of resource materials and some conversations are now more focused on tips and tricks for writ ing, marketing and publishing (as is the case in most author communities). Do you want to keep the â€Å"support† as core value in the group, or do you see it branching out?The tips and tricks are all part of the support. We can provide support through those posts and the database we maintain.I want to see this group grow on all fronts – blog participants, followers, and Facebook members. I want the site to become THE database of databases for writers. I’d also like to start a newsletter in the near future. Whatever we can do to connect authors and offer help.Orna Ross has been quoted saying: â€Å"A few years ago, writing was a very solitary profession. Now, I believe it’s one of the most social ones.† Is IWSG a good example of that?One of the best! Many members say IWSG post day is their favorite of the month and they receive so much encouragement – and give it. We’ve brought together so many writers, connecting them as friends, cri tique partners, and doorways to other opportunities.Do you think a lot of fantastic writing has never seen the light of day because writers didn’t get the moral support they needed when they doubted themselves?I’m sure there is some great writing hidden in the drawers of the world. It’s sad when writers don’t get support at home and can’t find connections elsewhere. Yes, you do have to have a thick skin and a strong drive, but everyone needs a boost now and then.Have you ever had to face writer’s block or self-doubt, and how did you overcome those?I’ve not really faced writer’s block. By the time I begin writing, I’ve had months to plan and form a detailed outline. Self-doubt has come with each new book I’ve written. Will my publisher accept it? Will fans like it? Will new fans find it? Between my fan base, friends, and the IWSG, everyone has pushed me through those doubts.I like the image of the lighthouse. Itâ⠂¬â„¢s one we’ve been using at Reedsy too. I feel like the waters of self-publishing are very unsure at the moment, almost impossible to navigate without first going through a very painful learning curve. What problems out there would you like to see startups like us try to address?I think letting writers know the process and the steps from writing to publication would give them an idea of what to expect. Just being able to connect with those who can help them is a big bonus with your site.One of our coming posts will be on author bundles. Do you think, like Mark Coker, that 2015 will be the year of collaboration between indie authors?I think it’s already happening. I know many self-published authors who have gotten together and created bundles. It’s a great way to gain more exposure.One of the things I’d really like to see, also, is more collaboration between indies, hybrids and mainstreams. Do you see something like this happening anytime soon, and what form could it take?I’d like to see that as well. The IWSG book was a collaboration, as we had a mixture of all three types of authors. I think the main thing would be working together and helping one another, and that could involve a lot of things – books, websites, tours, etc. After all, no matter the path, we’re all authors.Thanks again for the opportunity, Ricardo!You can follow Alex J. Cavanaugh, Reedsy, and myself on Twitter: @AlexJCavanaugh, @reedsyhq  and @RicardoFayetWhat do you personally think of the proliferation of communities, groups and alliances? Has being an author become one of the most social professions? Do you think insecure writers can benefit from a â€Å"support group†? Do join the conversation in the comments below!

Friday, February 14, 2020

How global warming affects sea levels Research Paper

How global warming affects sea levels - Research Paper Example Essentially, the greenhouse effect functions in the following manner. When sunlight pierces the atmosphere and hits the earth’s surface, not all of the sun’s solar energy is absorbed. Approximately a third of it is reflected back into space. Specific atmospheric gases serve in much the same way as does the glass of a greenhouse, thus the terminology. These gases allow sunlight to penetrate then trap some of the solar energy which heats the earth (Breuer, 1980). It is a delicate balance and because these greenhouse gases have been artificially augmented by man-made sources, more build up in the atmosphere has occurred thus trapping more of the sun’s energy and reflecting less back in to space. This occurrence is causing the earth to warm. The rising levels of carbon dioxide (CO2) in the atmosphere are becoming increasingly disconcerting. â€Å"The concentrations of CO2 in the air around 1860 before the effects of industrialization were felt, is assumed to have been about 290 parts per million (ppm). In the hundred years and more since then, the concentration has increased by about 10 percent.† (Breuer, 1980, p. 67). Eighty percent of the world’s population accounts for just 35 percent of CO2 emissions while the United States and Soviet Union combined are responsible for generating half. Worldwide, â€Å"carbon dioxide emissions are increasing by four percent a year.† (Miller, 1990, p. 450). Motor vehicles are a major cause of air pollution as is fuel burned for the heating of homes and powering industry along with the toxins emitted from stacks at coal-burning power plants. â€Å"Vehicles produce high levels of carbon monoxides (CO) and a major source of hydrocarbons (HC) and nitrogen oxides (NO x), whereas, fuel combustion in stationary sources is the dominant source of sulfur dioxide (SO2)† (Breuer, 1980, p. 70). If the balance between the CO2 levels in the ocean and atmosphere is disturbed by interjecting increasing

Saturday, February 1, 2020

Should we mine this Ore Essay Example | Topics and Well Written Essays - 500 words

Should we mine this Ore - Essay Example The amount of light that passed through the solutions to the photocells is used to determine the absorbance of each solution (Reynolds & Thompson 26). The equation of the standard curve is given by y =mx + b. Plotting a graph of absorbance against concentration for the standard solutions produces a curve that has a direct relationship with the equation of the standard curve (Bartlett 159). The direct relationship between concentration and absorbance for a solution is referred to as Beer’s law. Concentration of unknown compound can be determined from the graph by measuring its absorbance. Its absorbance is located on the x-axis of the graph, and its corresponding concentration is determined on the y-axis. Concentration of the unknown solutions can also be established from the slope of the Beer’s law curve (Bartlett 159). A blank solution was then prepared by filling the cuvette with distilled water to a volume of  ¾ full. Care was taken not to contaminate the cuvette while filling it. Spectrometer was then calibrated by placing a blank cuvette into the cuvette grove of the spectrometer (Reynolds & Thompson 160). In order to determine optimal wavelength for plotting this standard curve, 0.4 M standard solution was placed in the cuvette slot. The cuvette was then rinsed twice with 1 mL solution in Test Tube 1, and then refilled to  ¾ of its volume. The outside was wiped with a tissue paper and placed into the cuvette, and absorbance of the solution was measured (Bartlett 159). This process was repeated for solution 2-5 until their absorbances were obtained. The absorbance of each solution was recorded in the data table. The data recorded was used to draw a graph of absorbance Vs concentration. The concentration of Copper (II) sulfate was obtained from the graph by determining its corresponding rea ding on the y-axis. Among all the acids

Friday, January 24, 2020

Femme Fatales of English Literature Essay -- Symbolism Seduction Women

Femme Fatales of English Literature The femme fatale, a seductive woman who entices men into perilous and compromising positions by way of charisma and mystery, is a classic, and often enthralling, character who can be found in many sources of literature and mythology of various origins and eras (â€Å"Femme Fatale† 1). â€Å"If the goddess of virtue is a lily and the vamp is an overripe red rose, the femme fatale is a Venus flytrap.† (Billinghurst 1). In the simple quote above, Ms. Jane Billinghurst, author of â€Å"Temptress†, provides explanation of the femme fatale by way of metaphor, likening the way in which the Venus flytrap, or Dionaea muscipula, succeeds in obtaining its next meal by way of temptation to the likeness of the femme fatale, using temptation to secure her victims, thus leading to unescapable doom (Venus’s fly-trap 1). â€Å"Temptress†, whose pages and cover alike overflow with a lavish visual collection of photographs, paintings and illustrations of the femme fatale, examines the extraordinary and fascinating history of sexual, or sexualised, women and the journey taken in receiving the infamous title of the femme fatale. This symbolic figure exists in numerous varying forms and can be found in virtually every society or culture throughout history. It is the femme fatale’s infamous aura of mystery, temptation and charms that provides the intense magnetism of this deadly female character. One of the most noted and greatly debated fatale characters of literature can be found in the Bible: Eve. â€Å"And the LORD God caused a deep sleep to fall upon Adam, and he slept: and he took one of his ribs, and closed up the flesh instead thereof; And the rib, which the LORD God had taken from man, made he a woman, and brought her unto the man. And Adam said, this is now bone of my bones, and flesh of my flesh: she shall be called Woman, because she was taken out of Man. . . . And Adam called his wife's name Eve; because she was the mother of all living.† (Genesis 2:21 – 3:20). Often viewed as the original and ultimate femme fatale, Eve has come to bear such a title because of her involvement in the fall of humankind and, in turn, the introduction of sin, death and destruction into the world. It is Eve herself who succumbs to the influence of temptation with the persuasion of the evil serpent, which represents Satan, in the Garden of Eden and therefore brings a... ...ncipally the cold, bitter soul of the always-mesmerizing Kathleen Mallory that gains the strongest link to the psychotic seductress type known to literature as the femme fatale (O’Connell). Throughout history the beautiful woman has been adored, loved, praised, and, by some, envied. Men worship what society has defined as an attractive woman. Many times, men even envision these women as supernatural or mystical beings. They have become the focus and subjects of many paintings, poems, legends, tales and stories, and have caused great debate. Considered not only as material beauties, they are often viewed as seductresses who tempt â€Å"innocent† men to their doom. These seductive beauties are labelled femme fatales, women who entice men with their charms and mystery. Such a character is classic, and alluring, and can be found in many sources of literature and mythology (Hass 1). The femme fatale has survived centuries of time, change and movement, and still this female beauty can be found in uncountable forms of literature and mythology. She has survived the turn of civilisation in almost every culture known to human kind, and will continue to live within the psyc hes of human kind.

Thursday, January 16, 2020

Well Hello There!

Dialogue (Feelings through words) Dialogue is one of the most powerful attributes an author can use while writing a story. It is a conversation between characters in a drama or narrative. Also, it’s the lines or passages in a script that are intended to be spoken. The use of this gives the reader the belief that they are part of the story. It is used throughout stories to convey the feeling of emotions.Writers use expressions in their writing to suggest that the character(s) are having some sort of inner feeling happening Whether it be from the author inserting some of his/her own words or the character talking, this technique gives the story more of a fluent feeling. With the story â€Å"A Conversation with My Father,† dialogue is used sufficiently throughout the reading. This is a literary work written in the form of a conversation. This conveys that this conversation between daughter and father is continuously arguing about a topic.In the story â€Å"A Good Man is H ard to Find,† dialogue is used in the way so the reader visualizes what the characters are talking about. Dialogue contributes to the overall story to keep the reader in and aware of the moods the characters are experiencing; it shows the true meaning behind the belief of the imagination. An exchange of ideas or opinions. Dialogue is a big contribution to the overall reading. It shows the inner linings of a story. In the story â€Å"A Conversation with My Father,† the dialogue is shown in the text through the talks between father and daughter.When the daughter says â€Å"I say, yes, why not? That’s possible. I want to please him, though I don’t remember her writing that way. I would like to try to tell such a story, if he means the kind that points which I’ve always despised (Poley 1096). † What the author does for this sequence of writing is the use of expression in the text. Even though this is writing on paper, the belief of emotion is see n. The daughter says â€Å"I say, Yes, Why not? That’s possible; the author wanted to convey the use of excitement and persuasion of the character and transfer that to the reader.Dialogue is shown in many ways. In â€Å"A Good Man is Hard to Find,† the author wants the reader to experience the story through the life and views of the Grandmother. She tried to convince her family to take a vacation to east Tennessee instead of Florida. Shown in the text, â€Å"The Grandmother didn’t want to go to Florida; she wanted to go to visit some of her connections in east Tennessee and she was seizing at every chance to change Bailey’s mind (O’Connor 1042). † The author shows you the want and the need of the grandmother to get to east Tennessee.In the eyes of the reader, the use of the text to show the emotion of the grandmother is nothing short of excitement. The Grandmother is excited to start the trip. For example, â€Å"The next morning the grandm other was the first one in the car, ready to go. She had her big black valise that looked like the head of a hippopotamus in one corner, and underneath it she was hiding a basket with Pitty Sing, the cat, in it (O’Connor 1042). † When it comes to the two stories relevance to each other; Dialogue is the link between them.Dialogue is used through-out both stories to make sure the reader understands what is going on in the story. The characters in the stories show their personalities, self-beings, and their love for one another (family wise). In â€Å"A Good Man is Hard to Find,† the family shows their love for each other and their personalities through the dialogue used by the author. The Grandmother starts to tell a story while the family is on the road trip. In â€Å"A Conversation with My Father,† the daughter and father have a relationship that is rocky.The use of subtext by the author shows a conversation between daughter and father. â€Å"Once in my t ime there was a woman and she had a son. They lived nicely, in a small apartment in Manhattan. This boy at about fifteen became a junkie, which is not unusual in our neighborhood. In order to maintain her close friendship with him, she became a junkie too. She said it was part of the youth culture, with which she felt very much at home. After a while, for a number of reasons, the boy gave it all up and left the city and his mother in disgust.Hopeless and alone, she grieved. We all visit her (Paley 1096). † This quote from the story represents the dialogue used by the author to convey a conversation being had between the father and the daughter. With this quote being in the story, the reader feels as if they are in the conversation too. The daughter and the father show their belief and love for one another even if their relationship is not the best. The father will always be her father and the daughter will always be his daughter.In Conclusion, Dialogue is one of the most power ful attributes an author can use while writing a story. It is a conversation between characters in a drama or narrative. Also, it’s the lines or passages in a script that are intended to be spoken. It is a powerful tool that the author uses to show the personalities and the beliefs of the characters in the writing through words. The use of this gives the reader the belief that they are part of the story. It is used throughout stories to convey the feeling of emotions.Writers use expressions in their writing to suggest that the character(s) are having some sort of inner feeling happening Whether it be from the author inserting some of his/her own words or the character talking, this technique gives the story more of a fluent feeling. With the story â€Å"A Conversation with My Father,† dialogue is used sufficiently throughout the reading. This is a literary work written in the form of a conversation. This conveys that this conversation between daughter and father is con tinuously arguing about a topic.In the story â€Å"A Good Man is Hard to Find,† dialogue is used in the way so the reader visualizes what the characters are talking about. Dialogue contributes to the overall story to keep the reader in and aware of the moods the characters are experiencing; it shows the true meaning behind the belief of the imagination. An exchange of ideas or opinions. Works Cited O'Connor, Flannery. A Good Man is Hard to Find. 8th ed. Boston, New York: Bedford/St. Martin's, 1999. 1042-53. Print. Paley, Grace. A Conversation with My Father. 8th ed. Boston, New York: Bedford/St. Martin's, 1999. 1096-1099. Print.

Wednesday, January 8, 2020

Discount Rate Changes Impacting On Stock Market Return - Free Essay Example

Sample details Pages: 15 Words: 4427 Downloads: 10 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? CHAPTER 1 Stock market plays an important role in the economic development of a country. Stock exchange performance has attained significant role in global economics and financial markets, due to their impact on corporate finance and economic activity. For instance stock exchanges enable firms to acquire capital quickly, due to the ease with which securities are traded. Don’t waste time! Our writers will create an original "Discount Rate Changes Impacting On Stock Market Return" essay for you Create order Stock exchange activity, thus, plays an important role in helping to determine the effects of macroeconomic activities. Stock market returns are the returns that the investors generate out of the stock market; it can be in the form of dividends or profits, as a company gets its dividends and profits in the form of their share holders in the secondary market. Well there is a definite change in the market as with the behavior changes with the discount rate, changes can be technical or non-technical. Technical changes refers to the internal changes and non-technical as external changes which are mostly related to the behavior and response of the customers and consumers. Equity returns also measured by the industrial index respond rather rapidly to the unexpected announcements of discount rate changes. Not only affecting equity returns, the unexpected discount rate changes also contribute to higher market volatility. An unexpected discount rate change also induces trading which is mor e supportive of the contention that public information causes price changes with trading. Increased trading volume due to unexpected public information, however, occurs only in the current period. Whenever, the market is not efficient, stock prices adjust to new information slowly and it is possible to generate abnormal profits. Financial market volatility is important for investors confidence, for port-folio selection, and for the pricing of both primary and derivative securities. Market volatility is not related to existing public information such as expected discount rate change announcements. Karachi Stock Exchange 100 IndexÂÂ  (KSE-100 Index) is aÂÂ  stock indexÂÂ  acting as a standard to compare prices on theÂÂ  Karachi Stock ExchangeÂÂ  (KSE) over a period of time. In formative representative companies to calculate the index on, companies with the maximumÂÂ  market capitalizationÂÂ  are selected. On the other hand, to ensure maximum marke t representation, the company with the maximum market capitalization from each sector is also incorporated.. 1.2 Problem Statement To study the impact of discount rate changes on stock market return 1.3 Research Hypothesis: The expected discount rate change announcements have impact on stock market return. 1.4 Outline of the Study The aim of the study is to observe Impact of Discount rate Changes on Stock Market Return. This Study is observing on Karachi Stock Exchange (KSE). TheÂÂ  Karachi Stock ExchangeÂÂ  is aÂÂ  stock exchangeÂÂ  situated inÂÂ  Karachi,ÂÂ  Pakistan, established on 18 September, 1947 it started with 5 companies with a capital of Rs. 37 million. It is Pakistans biggest and oldest stock exchange, with a lot of Pakistani as well as overseas listings. Its present premises are placed on Stock Exchange Road, in the heart of Karachis Business District. KSE starts with a 50 shares index. As the market develops a representative index was needed. In poor political condition, social issues, financial and other problems, KSE played a very important role in the financial system of Pakistan. KSE 100-index showed a return of 40.19% and became the sixth best markets in the year 2007. It gets a biggest milestone by touching of KSE-100 Index level of 15,000 for the foremost ti me in the history of Karachi stock exchange on 20 April, 2008. On the other hand, the raise of 7.4 percent in 2008 build-up the best performer in all the emerging market. The KSE 100TM Index closed at 9645 points on 19 June, 2010. Although by 30th July total market capitalisation of the KSE reached Rs2.95 trillion, approximately around 35 billion dollars CHAPTER 2 LITERATURE REVIEW As it can be figured out by the models of stock market and about the interest rates, value of share in the stock market, maturity of the bonds with short run and long run and the value of the capital as well as the factor of production, All these things influence a great deal towards the changes as well as the demand and supply model. Equilibrium is also there, which is basically an intersection, the point where the quantity of supply equal to the quantity demands. Output and interest rates plays a bigger role in the discount changes, as from the different policies, laws and models have been mentioned in the previous studies. If prices are fixed country can never faced inflation because of the nominal and real rates. Output depends on the stock market and fiscal policy (Blume, 1994). The stock market is the ratio of steady-state profit to the steady-state interest rate. If the money increases in the market the steady-state effects are quite clear, Output and stock market are hig her in the equilibrium. The higher money stock lowers the real interest rate and thus the cost of capital. This was all about a monetary expansion under fixed price. We find that in the pre-79 period, there was no securities market response to either technical or nontechnical changes, while in the post-79 period there was no response to technical changes (Hardouvelis and Gikas, 1987). Discount rate changes will affect market rate and equity returns if such changes brings information about either short- or long- run monetary policy objectives. So an in increase in the discount will definitely help to attract more and more people towards the policy, and there will be a huge amount of change in the customers and clients response towards it. As a result, current (spot) and expected short-term rates rise in reaction to reduced short-run money growth. Long-term rates and forward rates may also increase to reflect the higher expected short-term rates. It doesnt have much impact over the long-term rates as it has on short-term rates just because the monetary policy and consumers response (Maberly, 1992). Short term rates makes more people attractive and kind of working well for the secondary markets, so mostly they all rely on the short-term rates, as they prefer short-term rates than long-term rates. And short-term is the one which affect a great deal. The impact of discount rate changes on equity prices can operate through two possible channels. This is most readily seen by viewing the value of the firm as the present value of its future net cash flows. To some extent discount rate increases (decreases) result in increases (decreases) in interest rates. It has also based on the capital or investment as well, capital can fall or rise just because of the stock prices, stock prices has an ultimate effect on capital and economic activity can be disturbed too, that also can be altered due to this price change. If the capitalization rates and cash flow expectation a re affected by discount rate changes, these effects will also work in the same direction. From previous studies we have an idea that stock prices declines to be associated with discount rate increases (Ederington and Lee, 1993). Considering the New York stock exchange, the stock return data are the daily percentage return on the New York Stock Exchange value-weighted index and is denoted SP. The interest rate data are for constant maturity Treasury securities and include eight different maturities: 90-, 180-, and 360-day bills and three-, five-, seven-, ten-, and twenty-year bonds. These rates are obtained from DRI, who compile them from the Federal Reserve Board Statistical Release from DRI. These eight interests are used to calculate seven forward rates in addition to the 90-day bill rate. The stock price coefficient for the post-79 period suggests a 1 percent increase (decrease) in the discount rate will result in a decline (increase) of 1.06 percent in stock prices. A similar finding in reported for the interest rate data. Only one interest rate series evidences a significant market reaction in the pre-79 period, while six of the eight interest rates indicate a significant market response over the post-79 period (Gerety, and Mulherin, 1992). Although the early researches result indicates that the real issue is whether the observed announcement effect, regardless of the monetary policy regime, indicates market inefficiency. In classification of the discount rate changes from the previous discussion we have evaluated that to assess properly the announcement effects of discount rate changes, it is necessary to distinguish technical from nontechnical changes. There are several short comings with this approach that limit its usefulness in predicting discount rate changes and cast substantial doubt on the assumption of discount rate erogeneity (Lee and Bong, 1992). Researches rely on two different methods to classify discount rate changes. The best mode l, both in terms of in-sample fit and prediction of actual discount rate changes, related changes in the discount rate (measured in basis points) to the spread between the Fed Funds rate and the discount rate. Nonetheless, if the model incorporates the relevant information set, then by construction the forecast and optimal predictions based on available information and, therefore, rational. Through the study of different modules we came on to know in conclusion that the purpose of this has been to reconcile previous findings of both an endogenous discount rate and discount rate announcement effects with market efficiency (Harris, 1986). By classifying discount rate changes as either technical or non-technical, and recognizing that the latter are (at least) partially endogenous, it is argued that, within the framework of market efficiency, the discount rate can fail tests of statistical erogeneity and still exhibit announcement effects. The empirical evidence of this paper support s this view and suggests that previous studies were missing specified by not controlling for the purpose of discount rate change. The evidence also implies that the common assumption contained in virtually all theoretical and empirical macroeconomic models, that the discount rate is either purely endogenous or purely exogenous, is inappropriate. This also specifies market only react when there appears to be a shift in policy- in the discount rate. At least from this standpoint, one cannot rule out the discount rate as a useful tool of monetary policy. Eventually, our results support the existence of efficient markets based on the dual findings that only nontechnical changes are characterized by announcement effects and that virtually the entire market adjustments occurs by the end of the announcement day (Jones, 1994). From previous studies the issue of monetary neutrality has long been debated by financial economists. There was evidence been brought in to the market which says t hat increases in the growth rate of money raises stock returns? Monetary policy affects the real economy, and whether its effects are quantitatively important, remain open questions. These questions by examining the effects of monetary policy innovations on stock return data. Theory posits that stock prices equal the expected present value of future net cash flows. To examine the relationship between monetary policy and stock returns, a variety of empirical techniques are employed. The size portfolios are useful for investigating why monetary policy matters, if in fact it does. If monetary policy has real effects, one reason for this could be that it affects firms balance sheets. To investigate whether monetary policy affects size and industry portfolios, both impulse responses and innovation accounting methods are used. All the results in table one to four measures the effects of monetary policy shocks on nominal stock returns. In considering the question of monetary neutrality, we are interested in whether monetary policy affects real stock returns. Thus rather than complicate the analysis by considering the best way to measure expected inflation we focus on results using nominal returns. Through the different systems results reported are robust to minor changes in the specification. When total reserves are dropped, employment growth or unemployment is used instead of industrial production growth, the non stationary variables are first-differenced, and the number of lags is changed (Marshall and David, 1992). There was another approach to identifying monetary shocks is Data and Methodology which is been made to the use of Federal Reserve statements and other historical documents over the period to identify exogenous changes in monetary policy and the responses of real variables. This narrative approach has recently employed to assemble a much larger sample of monetary policy shocks. An alternative way is used to test whether monetary policy affects stock returns (Morse, 1981). A growing number of papers in both the economics and finance literature focus on the effect of economic news on asset returns. Nonetheless, there seems a wide gap between these two literatures. These elements of surprise in one particular type of news announcements of short-term interest rate decisions made by the Open Market Committee affect the volatility of the stock market in the short term. Relationship between monetary policy and daily stock market volatility from two vantage points: days around regularly scheduled meetings of the stock market committee, the main monetary policy making body and days of actual policy decisions involving the target level of the federal funds rate (Fama and Kenneth, 1995). Turning to the days of actual policy decisions regardless of whether they were announced on regularly scheduled meetings days. Some evidence was found that such decisions tend to boost volatility in the stock market. The effect of policy decisions i s greatest that exclude those decisions that were fully anticipated by market. Besides identifying monetary policy announcements as an important source of short-run volatility in the stock market, this will also addresses broader issues in the finance literature. In particular, higher interest rates induce higher leverage ratios, which in turn increase the risk associated with holding stocks and the volatility of stock returns (Patell and Wolfson, 1984). In examining the relationship between the stock market and fiscal policy, all models combined two different approaches widely used in the monetary economics and finance literature. In particular, in analyzing the markets response to scheduled and unscheduled announcements, a potentially interesting issue is whether the corresponding impulse response functions for volatility are significantly different. Other issues that also merit further consideration include a closer look at the relationship between first- and second- moment re sponses to policy news and the explicit analysis of risk premiums around announcements days (Penman, 1987). From all these models and theories, have come to know that anything that happens in the secondary market, it does have an impact over the entire economy as we have gone through from the different examples across the world. Even if it is pre-announcement, monetary policy or whatever, stock market does change its state according to the circumstances and events. Pre-announcements are also made as precautions that are for safety announcements for the share holders of the companies. Due to this they can easily draw their amount and will not have to see further more difficulties. Unpredictability or volatility is always there in the market, when the investors just to keep on guessing for the right time to invest and stock holders wait for the right time to buy shares of the companies and all this process makes things more complicated especially for the investors and then it effec ts the stock market. Monetary policy on the other hand takes things more attractive for the investors and share holders that they believe their money is in safe place so they would love to invest as long as they are sure about the monetary policy (Stoll and Whaley, 1990). Policies are always made for the betterment of the people who are your clients or customers as per organization requirements, it also refers to the trust that how much they trust on their policies that people could come and invest. Banks do the same thing; the only thing they sell is trust, because as many people trust on you as they will go on to be their customers. Many of the sources indicate that there is a connection between news and stock prices, finance literature highlights that too. The finance literature focus on economic announcements per se, without controlling for the element of surprise in such announcements, might help to explain why so many studies have failed to find a significant link between m arket volatility and economic news. Either by implicitly assuming that the conditional volatility of stock returns is time invariant or by simply leaving its time-varying nature unspecified, monetary economists have failed to consider a potentially significant effect of policy surprises on the short-run behavior of the market (Wood and McInish, 1985). Equity returns also measured by the industrial index respond rather rapidly to the unexpected announcements of discount rate changes. Not only affecting equity returns, the unexpected discount rate changes also contribute to higher market volatility. An unexpected discount rate change also induces trading which is more supportive of the contention that public information causes price changes with trading. Increased trading volume due to unexpected public information, however, occurs only in the current period. Whenever, the market is not efficient, stock prices adjust to new information slowly and it is possible to generate abnormal profits. Financial market volatility is important for investors confidence, for port-folio selection, and for the pricing of both primary and derivative securities. Market volatility is not related to existing public information such as expected discount rate change announcements (Richard Roll and Stephen Ross, 1986). CHAPTER 3 RESEARCH METHOD This chapter explains the methodology used for the research study. The main research data set is used in this paper consist of KSE 100 index listed on Karachi Stock Exchange. It is the data for last ten years 2000 to 2010 for every monetary policy has been announced Data would be collected through the website and business recorder website. This chapter also discusses the methods to evaluate validity and reliability of research for the factors associated with the Impact of Discount rate Changes on Stock Market Return. 3.1 Method of data collection: The secondary data which was used in this research was available on the website of Karachi Stock Exchange from 2000 to 2010. 3.2 Sample size and Sampling Technique: In this research, data from the year 2000 to 2010 has been taken as a sample size. The data collected through Karachi Stock Market and State Bank of Pakistan 3.3 Instrument of Data Collection: This research was carried out through Secondary Data. 3.4 Statistical tool used: In order to measure the relationship between the variables stock market return and discount rate and impact of discount rate change on stock market return, Regression is used as a statistical tool in this research. SPSS software is used to evaluate the relationship between the two variables CHAPTER 4 RESULTS Hypothesis Testing Ho: The expected discount rate changes announcements have impact on stock market return. Table 4.1 From the above Durbin Watson value, it has been clarified that there was an existence of auto correlation in the data set. In order to resolve the issue we have generated the lag variables of the dependent variable up to the level 2. Table 4.2 Form the above table we can observe the value of the Adjusted R Square is .934 or 93.4%. It means that 1 unit change in the set of independent variables brings out the 93.4% change in the variation of dependent variable. With the inclusion of the lag variables in the data set, the problem auto correlation has been resolved. The Durbin Watson value mentioned in the above table is 1.964 closer to 2. Value closer to 2 means that there is no auto correlation exists in the data set. Table 4.3 From the above table we can observe that the significant value of the above ANOVAs test model 2 is less that 0.05. It means that the data is suitable for the application of regression model. Table 4.4 The above table shows the coefficient value of the analysis. As it can be observed that, the significant value of the discount rate is less than 0.05 it means that the change in discount rate has a significant impact on the stock therefore; the Null hypothesis is not rejected. At 95% confidence interval level the significant value of alpha/constant is 0.000 it means that the in the absence of all the variables the minimum return of the KSE is equal to the alpha value. The Beta value of lag 1 is 5376.550 it means that the today returns from the stock market is dependent on the stock market returns after the announcement of last monetary policy. For e.g. if the current stock return are equal to 1 the stock returns after the announcement of the next monetary policy is 5376.550 times of the current stock returns. The relationship of the lag 2 stock returns is vice versa of the lag 1 stock returns. It has a negative relationship with the current stock returns. Graph 4.1 The above diagram shows the trend of the KSE index and the change in discount rates for the last 10 years in the country. On a whole an upward trend has been observed in the KSE 100 index it is due to the increase in the FDI investments as well as the development in the financial sectors. The change in the discount rate shows overall a mix trend, we can observe a huge peaks and valleys in the graph. In our research, we have not found any significant relationship among the announcement of change in discount rate and stock returns. Some of these factors are political situation of the country, foreign direct investments, Law and order situation and most importantly exchange rate. Collectively, all these factors are contributing in the stock returns. However, change in the discount rate do impact the stock returns but, not in the short run, in the long run the chances are quite high that it does impact on the stock returns in Karachi Stock market. The reason behind the Long term affect is that, the change in the discount rate affects the profitability of the companies in the next coming quarters so, immediately the affect in the stock returns are not massive that are in the long run. 4.2 Hypotheses Assessment Summary The hypotheses of this research study are based on variables like stock market return and discount rate intraday. The significant value is less than 0.05 It means that the data is suitable for the application of regression model. S.NO. Hypotheses T SIG. RESULT H1 the expected discount rate changes announcement have impact on stock market return. 11.991 .000 Accepted CHAPTER 5 CONCLUSIONS, DISCUSSIONS, IMPLICATIONS AND FUTURE RESEARCH 5.1 Conclusion As anticipated, expected discount rate changes, representing existing public information, have no impact on the trading volume for the current period nor does for any other periods. Public information also induces trading only in the current period but not in the future periods. More trading has occurred during the decreasing discount rate periods than the increasing discount rate periods as evidenced by the significant parameter. 5.2 Discussion This research shows that the change in the discount rate shows overall a mix trend, it can be observed a huge peaks and valleys in the graph. In this research there was no significant relationship found among the announcement of change in discount rate and stock returns. The reason behind this is, other than monetary policy there are lots of other factors that are contributing towards the stock returns in Karachi stock market. Some of these factors are political situation of the country, foreign direct investments, Law and order situation and most importantly exchange rate. Collectively, all these factors are contributing in the stock returns. However, change in the discount rate do impact the stock returns but, not in the short run, in the long run the chances are quite high that it does impact on the stock returns in Karachi Stock market. The reason behind the Long term affect is that, the change in the discount rate affects the profitability of the companies in the next coming q uarters so, immediately the affect in the stock returns are not massive that are in the long run. In this research it has been identified more accurately that if and when the stock market responds to the release of the discount rate change information. More importantly, studying the market volatility and trading volume sheds additional light on the information literature. Equity returns respond negatively and significantly to the unexpected announcements of discount rate changes, while the expected changes generally have no bearing on the equity returns. 5.3 Implementations For practical implementation, this research can be used to analyze the impact of Discount rate Changes on Stock Market Return as The effect of discount rate changes on stock market returns. Equity returns generally respond negatively and significantly to the unexpected announcements; however, the effect of expected changes on equity returns is insignificant. Abnormal trading volume occurs only in period. 5.4 Recommendations Pre-announcement, monetary policy or whatever, stock market does change its state according to the circumstances and events. Pre-announcements are also made as precautions that are for safety announcements for the share holders of the companies. Due to this they can easily draw their amount and will not have to see further more difficulties. Unpredictability or volatility is always there in the market, when the investors just to keep on guessing for the right time to invest and stock holders wait for the right time to buy shares of the companies nd all this process makes things more complicated especially for the investors and then it effects the stock market. CHAPTER 6 REFERNCES Blume, L, 1994, Market statistics and technical analysis, the role of volume. Journal of Finance, 49, 153-181. Ederington, L.H and Lee, J.H, 1993, How markets process information, News releases and volatility, Journal of Finance, 48, 1161-1191. Fama and Kenneth, 1995, Size and book-to-market factors in earnings and returns, Journal of Finance, 50, 131-156. Gerety, M.S and Mulherin, H.J, 1992, Trading halts and market activity, An analysis of volume at the open and the close, Journal of Finance, 47, 1765-1784. Harris, L, 1986, A transaction data study of weekly and intradaily patterns in stock returns, Journal of Financial Economics, 16, 99-117. Hardouvelis, Gikas, 1987, Reserves announcements and interest rates, Does monetary policy matter? Journal of Finance, 42, 407-422. Lee, Bong-Soo, 1992, Causal relations among stock returns, interest rates, real activity, and inflation, Journal of Finance, 47, 1591-1603. Maberly, E.D, 1992, Odd-lot transactions around the turn of the year, Journal of Financial and Quantitative Analysis, 27, 591-604. Jones, 1994. Information, trading and volatility, Journal of Financial Economics, 36, 127-154. Morse, D, 1981, Price and trading volume reaction surrounding earnings announcements, A closer examination. Journal of Accounting Research 19, 374-383. Marshall and David, 1992, Inflation and asset returns in a monetary economy, Journal of Finance, 47, 1315-1342. Penman, S.H, 1987, The distribution of earnings news over time and seasonalities in aggregate stock returns, Journal of Financial Economics, 18, 199-228. Patell, J.M and Wolfson, M.A, 1984, The intraday speed of adjustment of stock prices to earnings and dividend announcements, Journal of Financial Economics 13, 223-252. Richard Roll, and Stephen Ross, 1986, Economic forces and the stock market, Journal of Business, 59, 383-403. Stoll and Whaley, 1990, The dynamics of stock index and stock index futures returns, Journal of Financia l and Quantitative Analysis, 25, 441-468. Wood, and McInish, 1985, An investigation of transaction data for NYSE stocks, Journal of Finance 60, 723-739.