Identity and Belonging Witness free essay sample

‘Where we come from and our attitude to it are powerful forces in our lives. ’ â€Å"This gun of the hand is for the taking of human life. We believe it is wrong to take a life. That is only for God. † The conflicting notions and difference between cultures is thoroughly represented throughout Peter Weir’s stunning and thematically moving film ‘Witness’ in which two different worlds with two different value systems are profoundly presented to its viewers. Having a sense of belonging is essential to identity; it is a basic human instinct to belong and to have faith in certain beliefs, the preoccupations meaningfully explored within Weir’s creations. Moreover, through the use of film techniques and representation, Weir has managed to captivate and compel his audience to indulge into the hardships and strategic traditions in which the Amish community follow and also allows the audience to gain a further understanding to the extreme disciplinary law of the ‘Ordnung. We will write a custom essay sample on Identity and Belonging: Witness or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The protagonist, John Book, faces a tedious journey to bring justice to contemptible crime and must undergo an ultimate sacrifice of ‘changing his ways,’ which would cause a crucial disregard to all his life lessons that have shaped and guided him, in order to gain the acceptance he subsequently strives for from his ‘former carers’ and unique counterparts of the Amish community. Book also faces the riveting dilemma to assert or deny his disreputable love with Rachel as well as apprehend where he truly belongs. Weir’s film is positioned between two worlds; the good and the evil, decency and corruption, head and heart, the Amish and the ‘English’. Throughout the film, the complexities of parallel worlds are explored where the different worlds begin to sporadically intertwine. ‘We want nothing to do with your laws,’ at the beginning of the film when Rachel first becomes subject to Detective John Book’s questioning and police procedures, she is taken out of her comfort zone and is presented with a world she knows not of. Rachel is more so driven by the forceful nature of her own predecessors and ‘elders’ which intuitively leads to her attitude of not wanting to abide by the laws of a different world from her own. The passiveness of the Amish is explored as they are depicted as being self-cast as outsiders, basing their lives solely on natural things due to their own stringent belief that it will bring them closer to God. Furthermore, the audience is able to gain an insight to the cultural restrictions in which the Amish live by; living in a rural society where there are no radios, telephones, or televisions, where the only means of transportation is a horse and buggy, and where one dresses to look â€Å"plain. † The depiction of the Amish community in the film is extraordinarily contrasted with the modern contemporary society of the Americans, otherwise known as ‘the English’ by the Amish people. Book’s world is portrayed as being the human function of corruption where ‘somewhere along the way [cops] lose their meaning. ’ Book is inevitably accustomed to deceit, brutality and violence that it consumes him and is the very essence in which drives him forward and acts accountable for his actions. He is inescapably surrounded by it, so much so that he is not completely oblivious to the corruption occurring within the very organisation that is meant to oppose it, his own police department. Book’s duty to investigate corruption within his police department leaves him shot. This violence from Book’s own world and place of belonging is what ironically leads to him going into hiding amongst the Amish people in order for him to protect Rachel and Samuel. He is significantly driven by his job of policing that it acts as a powerful force in his life in which he is suited to, ‘[Elaine] thinks you like policing because you think you are right about everything and youre the only one who can do anything†¦Ã¢â‚¬â„¢ Evidently, Book is quite complacent living his own life in his contemporary society as it composes of his identity and sense of belonging. At a further contrast, the contemporary society of the Americans deem to be utterly dependant on technology, not just as helpful tools but also for ones own sense of luxury. In the film, when Book is in town with Eli accompanied by other Amish they are ambushed by tourists who simply treat them as though they are placed there for their own amusement, the Amish are not acknowledged as being actual human beings. The tourists bombard them with taking photos and Book does not follow the placid way of the Amish, ‘Lady, you take my picture with that thing and Im gonna rip your brassiere off nd strangle you with it! You got that? ’ Though Book attempts to conform to the ways of the Amish he is still so accustomed to his old ways that where he comes from is his own sense of belonging. Furthermore, Book’s trial of ‘fitting in’ with the Amish is ultimately tested when he cannot rid himself of his urban assertiveness and simply turns to violence when a group of ‘townies’ harass Daniel Hochleitner, of the Amish, to which Book violently punches one of them in the face though ‘it’s not our way [of the Amish]. Book is fundamentally fixed in his ways, ‘it’s my way,’ and initially disregards his attempts to fit in with the Amish and gain their acceptance. Consequently, Book’s violent actions lead to Schaeffer and his despicable partners being able to locate and track down where Book is staying in hiding. Though Book has sufficiently failed in his attempts to conform to the ways of the Amish, it is evident that he finally makes a connection with the Amish community during the traditional barn-raising scene in the film where Book helps out and realises that for the Amish, community is more important than any other modern necessity. Despite Book’s connection with the Amish he is still mildly branded as an outsider to their community and is only truly accepted through the eyes of Rachel. During the course of the film, Book and Rachel begin to grow affectionate for one another. The attraction between the two only grows stronger as the film progresses and Weir uses intended camera angles and film techniques to represent a change in the status quo. When Book and Rachel are together, they are always filmed through doorways. Book is depicted as always being in the doorway, symbolising that he cannot get past it whereas Rachel is always in through it. However, as the attraction grows stronger, specifically after they kiss, Book talks to Rachel through the door of chicken wire, the holes in the wire imply that Book can now get through to the Amish community yet some of his own identity and predispositions will always remain behind the chicken wire. More so the attraction is shown within the scene in the barn in which Book is fixing his car with his radio on, an ultimate defiance of the ways of the Amish, to which Rachel responds positively. They begin to dance and although Book appreciates the moment, he does not fully understand that he is breaching the wishes of the elders in the community and ominously causes Rachel to act in such a manner which is stupendously frowned upon by her peers. Despite Elis warning that she will be shunned if she becomes too close to John, Rachel defiantly gives in to her feelings for the outsider. Though they come from two different worlds, hold different values, nd live different lives, their emotions and feelings towards one another prove to be the same. Eventually Book comes to terms with his limitations and realises that he does not belong in Lancaster County with Rachel despite his utmost attempts to try and change himself in order to belong. Book remains too dependant on things from his world and his reliance on technology bounds him. The life lessons and fixed ways in which Book continuously holds onto prove to a big part of his identity that to completely disregard them would be a vital sacrifice. His attempts to try and belong with the Amish are boldly thwarted by his own understanding of his significant influence on young Samuel, ‘I would only kill the bad man. ’ His very presence brings danger and the aspect of life in which the Amish try to avoid, that is, murder. The place in which one comes from, one’s home and upbringing, proves to be a powerful force in one’s life. Having a place to belong is essential to identity and life lessons taught prove to be guidance throughout life. It is essential to belong and people will try and change themselves in order to feel as though they fit in. However, to merge two completely different worlds together would be controversial and ultimately unprincipled. The love shared between Book and Rachel would never work because they were two different, they were bestowed with different values, different upbringings and essentially different morals. Book could never stay with the Amish, â€Å"Hes going back to his world, where he belongs. He knows it, and you know it, too. †

Free Essays on Knowledge Is The Key To Success

, people who only stay in one place all of their lives are going to be week when it comes to making it through hardships and things of that nature, while people who explore different cultures and environments will be able to cope with changes better. Another example from Toynbee’s essay was from the part in which he included a passage written by Ellsworth Huntington. Huntington told a story of a group of savages that left their perfect, tropical land to explore a different region. Several things happened to these bands. Some of them died, some of them returned home, and some of them learned to adapt to their new surrounding, thus creating... Free Essays on Knowledge Is The Key To Success Free Essays on Knowledge Is The Key To Success Knowledge is the Key to Success In my opinion, I believe that Arnold Toynbee and Edward Said both supported each other in their essays. In Toynbee’s essay, he explained how certain societies and individuals excelled in their environments when they applied their newfound knowledge to their lives. He then explained how societies might falter if they do not learn from tragedies and mistakes. Edward Said explained similar situations for people who were exiled from their home countries or cities. If the exiled person did not learn how to live and grow in their new environment, then they would lead a life full of misery and heartache. One of the examples that Toynbee used was the one about Adam and Eve. He explained how God forced Adam and Eve to leave the only existence they had ever known, and began a new life in a new land. They did not know anything about the world outside the Garden of Eden, so they had to learn as they went. Instead of giving up and dying, they taught themselves how to survive. They learned how to get food, reproduce and create a successful society. Said also explained something similar to this. He included the writings of a monk that said strong men are the ones who learn how to love several different soils, not just the ones they were born on. In other words, people who only stay in one place all of their lives are going to be week when it comes to making it through hardships and things of that nature, while people who explore different cultures and environments will be able to cope with changes better. Another example from Toynbee’s essay was from the part in which he included a passage written by Ellsworth Huntington. Huntington told a story of a group of savages that left their perfect, tropical land to explore a different region. Several things happened to these bands. Some of them died, some of them returned home, and some of them learned to adapt to their new surrounding, thus creating...

Four Forces of Evolution Essay Example | Topics and Well Written Essays - 500 words - 1

Four Forces of Evolution - Essay Example Another force that results in evolution is gene drift and it is a result of alterations in the frequency of genes in a particular population. It is even recognized as allelic drift, this is because it even includes alteration in frequency of allele in a certain population as result of sampling that is random in nature. The force of genetic drift may result in the disappearance of allele and this may take place due to reduction in genetic variations. Offspring Alleles and Parent’s alleles may be similar to each other. The third force of evolution is gene flow which refers to the movement of genes from one specific population to another population. The process of this transfer is even regarded as migration of genes. The existence and absence of gene flow can alter the course of entire evolution. Gene flow may result in the introduction of variants of genes and characteristics that may negatively impact a particular population. Due to this, a population’s organisms may develop devices in order to conduct prevention of mating with species that may be distant genetically. If this process takes place it may occur in the development of new species and gene flow can even effect variations in one particular population or variation between different populations. Natural selection refers to the concept that states that genetic mutations that result in enhancement of reproduction should remain familiar in different generations of a population. The concept of survival of the fittest states that indivi duals who have the ability to reproduce along with survival should remain and should be responsible for the determination of quantity of contribution that is genetic in nature in succeeding generations. Variation can take place if natural selection occurs in genes and individual species. The term isolation mechanism is used to refer to a particular trait including

Comparison of the novel by Robert Penn Warren and the film Adaptation Essay - 1

Comparison of the novel by Robert Penn Warren and the film Adaptation - Essay Example The book displays Jack’s character in a more complex manner as compared to the film. Jack’s character takes a complex form in the book (Warren 45). His pessimist nature towards life is evident in the book with a clear obsession with Anne Stanton. In the film, Jack’s feelings are partially captured. The novel displays the philosophical discussion of Jack but â€Å"The Great Twitch† is not shown in the film. The 1930s era is characterized by racism (Warren 56). To keep up with the era, Jack displays racist aspects by standards of a different era. The film does not capture this aspect. Jack is a doctor and performs doctoral research. Which is more effective and powerful, the visit with judge Irwin and the conflicts presented between Willie, Jack and the Judge in the film version, or the novel? (pages 63-73) explain your answer, providing specific examples from both the film and the novel.   The film version is more strong as it displays a critical review of the scenario. The discussion of his doctoral research is presented in the novel but does not appear in the film. Jack studies Cass Mastern in his research who in a descent from the Antebellum South. Mastern fought in the Civil War. The book gives a detailed passage on Mastern and his influence on people’s life. This creates controversy as being the center of discussion in of the moral theme in the novel. Jacks stop his research on Mastern as he refuses to accept the study ratings of how people’s actions have impact on the destiny of others (Warren 98). The reaction of Jack in the book is more prevailing that that in the film. Jack is more enraged in the book on learning that Willie has Anne as his mistress. The book does not carry the storyline of Tom Stark as displayed in the film. The film does display Tom Stark but for short periods only. The book and the film display the scandal caused by Tom after he impregnated a girl. The father of the girl faces

Emerency Sevices Managment - Advaced Interactions of Hazardous Research Paper

Emerency Sevices Managment - Advaced Interactions of Hazardous Materials VIII - Research Paper Example investigations like that from T2 laboratories, it becomes evident that the incident was preventable if the laboratory had instituted precautionary measures. Before a factory begins preparing or using any hazardous chemical like methylcyclopentadienyl manganese tricarbonyl or methyl mercaptan, thorough literature review about the chemical should be carried out (Bevelacqua, 2006). Information such as whether the substance is poisonous, flammable, corrosive or oxidizer should be obtained. Besides, the threshold limit and the IDHL values are determined. The IDHL values for chlorine (10 ppm in air) is far below that of methyl mercaptan (150 ppm in air) indicating that chlorine is more poisonous than methyl mercaptan. The factory is supposed to prepare a list of the dangerous chemicals they are handling and the possible dangers likely posed by those chemicals. The list and the risk management plan are submitted to the Environmental Protection Agency (EPA). The risk management plan should contain information about; prevention measures, site activities, action taken in case of an emergency and any plan to improve on safety (Bevelacqua, 2006). T2 laboratory did not have a risk management plan and had not registered with the Environmental Protection Agency. If T2 had complied with this requirement, the runaway exothermic reaction would have been prevented because T2 would have received proper advice from EPA. Preliminary Hazard Analysis (PHA) should be done to determine the particular step in the production process associated with a hazard. T2 noted that an exothermic reaction occurred during the first step (metalation), heat release in the second and the third reaction step was overlooked. In additi on, the laboratory did not carry out hazard and operability study (HAZOP) when they scaled up. Conditions for small scale production may differ with those for large-scale production. It was mandatory for a T2 lab to assess the risks involved in a large scale production of

Would Universal Basic Income Reduce Inequality?

Would Universal Basic Income Reduce Inequality? Could a universal basic income build the base of a fair society? In a world in which the rich are growing wealthier and the poor poorer, lower job security levels and technological advances, income inequalities are growing wider and becoming more challenging to reduce. Where once income distribution was seen as a collective responsibility and was part of political goals, today government intervention to achieve such distribution is seen as a threat to economic efficiency.[1] One proposal for a radical redistribution of income has been redesigned by Phillippe van Parijis, in the form of a Universal Basic Income (UBI), defined as â€Å"an income paid by a government, at a uniform level at regular intervals, to each adult member of society.†[2] This income is paid regardless of an individual’s income level, marital status, ability to work or citizenship status, as long as he/she is a permanent resident. It is not necessarily an income amount that would allow an individual to manage all of his or her basic needs. On the other hand, additional income from work, savings or government benefits can be added to it. [3] It is also argued that UBI would provide social justice, real freedom for all individuals, solve poverty and unemployment policy issues.[4] A UBI supports the unemployed by significantly reducing their financial uncertainty and the pressure to accept a job that may not meet their skill levels or that they find fulfilling.[5] Essentially it addresses the unemployment trap and the poverty gap, where household incomes fall below the poverty line. [6] Moreover, a UBI is also argued to be â€Å"the easiest way to fully harmonize income security and taxation andensure similar marginal tax rates for both the rich and poor.†[7] Additionally, the incidence of welfare fraud would be reduced if not eliminated, except where individuals claim basic income more than once.[8] In poor developing countries, millions of children have access to schooling but do not attend because the poor financial situations of their families force their children to work.[9] A UBI would provide sufficient income to provide at the very least a distribution of opportunity, especially to those with the least opportunities. Women disproportionately bear the labour in the household which in turn directly impact their job and income options. A UBI would therefore help to compensate women and also protects them in vulnerable times such as in times of marriage collapses. Finally, it is also believed that a UBI would provide an individual the freedom to choose unpaid care work and other autonomous activities. [10] The greatest issue surrounding the introduction of the UBI is its cost. Parijis argues that the cost can be offset by the increase in basic income, an increase in taxes for the working population, a reduction in lower income tax rates and an abolition of benefits. Parijis also believes that all of the richer nations can now afford to make a contribution to individual income. [11] Another argument against the introduction of a UBI is that there would be a reduced supply of labour. Parijis argues that by reducing their working time, families can take greater time to look after their children and elderly, which in the long-run may reduce public spending on prisons and hospitals. A final argument against a UBI is that it â€Å"gives the undeserving poor something for nothing†,[12] which runs contrary to the principal of reciprocity in which those who receive benefits should respond by making a contribution. John Rawls argues that â€Å"those who surf all day off Malibu must find a way to support themselves and would not be entitled to public funds†. [13] However, the state cannot coerce individuals to be productive, even by legally enforcing an obligation to work. Gutmann and Thompson add that the obligation to work applies to the poor as well as to the wealthy stating that: â€Å"those who choose to live off inherited wealth without contributing their own labour to society may deserve no more respect from their fellow citizens than the Malibu surfers†.[14] In such a case, respect is granted not by the state but by public opinion. Parijis adds that gifted talent, ambition and luck are not evenly distributed across a population and therefo re a modest but guaranteed financial gift is a human entitlement.[15] In conclusion, a UBI has the potential to provide social justice and a real freedom for all individuals. It could significantly reduce poverty gaps, unemployment traps and harmonise income security and tax rates across all income levels, whilst significantly reducing welfare fraud. In developing countries a UBI will have the greatest impact on income distribution, education and freedom, particularly where women manage and care for the family and household. It would also support individuals looking to invest their time in unpaid charitable activities either nationally or internationally. These efforts would eventually benefit individuals of all income levels as greater time is given to the development of solutions to problems. The main arguments against a UBI revolve around its cost, reciprocity of benefits and reduced labour supply and therefore productivity levels. In the case of the former, there are several options available ranging from increased income taxes to the abolition of benefits, with the richer nations being more able to implement it than the developing countries. With regards to reciprocity, it is difficult to coerce or legally require individuals to be productive in return for benefits received, regardless of their income levels. The only potential solution cited is a loss of respect for these individuals by society. Whilst there are many arguments against a UBI it the benefits to society and its poverty levels far outweigh them, and may prove to be a solution for worldwide poverty and unequal income distributions. Bibliography Blais, Francois and Hutchison, Jennifer (2002) Ending Poverty, James Lorimer Company Bloom, David et al. (n.d) Universal Basic and Secondary Education, American Academy of Arts Sciences http://www.amacad.org/publications/ubase_universal.pdf Groot, L.F and Parijs, P. (2004) Basic Income, Unemployment and Compensatory Justice, Springer Honohan, P. (10th January 1994) Basic Income as a Reform of Tax and Social Welfare, Economic and Social Research Institute Muirhead, Russell (2004) Just Work, Harvard University Press Parijs, Philippe Van (October/ November 2000) A Basic Income for All: If you really care about freedom, give people an unconditional income, Boston Review http://www.bostonreview.net/BR25.5/vanparijs.html Wright, Erik (2006) Two redistributive proposals – universal basic income and stakeholder grants, Focus, Vol. 24, No. 2, Spring-Summer (2006) 1 Footnotes [1] Wright, Erik (2006) Two redistributive proposals – universal basic income and stakeholder grants pg. 5 [2] Parijs, Philippe Van (October/ November 2000) A Basic Income for All: If you really care about freedom, give people an unconditional income [3] Parijis (Ibid) [4] Groot, L.F and Parijs, P. (2004) Basic Income, Unemployment and Compensatory Justice pg. 11 [5] Parijis (Ibid) [6] Honohan, P. (1994) Basic Income as a Reform of Tax and Social Welfare [7] Blais, Francois and Hutchison, Jennifer (2002) Ending Poverty pg. 17 [8] Honohan, P. (1994) Basic Income as a Reform of Tax and Social Welfare [9] Bloom et al. (n.d) Universal Basic and Secondary Education pg. 1 [10] Parijis (Ibid) [11] Parijis (Ibid) [12] Parijis (Ibid) [13] Muirhead, R (2004) Just Work, pg. 19 [14] Muirhead, R (2004) Just Work, pg. 19 [15] Parijis (Ibid) Walt Whitman: The Common Man with Revolutionary Poetry Walt Whitman: The Common Man with Revolutionary Poetry Born to a large, poor family in 1819, Walter Whitman was not thought to be anything special. Floating from job to job all around New York, he struggled financially for most of his early life. Through all this time, however, he was experiencing and learning things that would greatly inspire him as he began writing poetry. His first major publication, Leaves of Grass, earned him worldwide fame as many admired his practical writing style; they donned him The Common Man, a nickname that would survive the rest of his life. But Walt Whitman was a poet with contradictions and inconsistencies. In the infancy of America, pride was on full display. Inspired by these feelings, many pillars of nationalistic Transcendentalism is very prominent in his early works. However, later in his life, Whitmans poetry takes on a more Realistic approach as he explores the darker sides of American life. From rags to riches, Walt Whitman truly embodied the American Dream. In I Hear America Singing, he celebrates all the unique types of people that live in the United States, I hear America singing, the varied carols I hearEach singing what belongs to him or her and to none else (l. 1, 9) Whitman employed the use of catalogue when describing these people and how they each serve to create the very diverse society we have in America. James E. Miller Jr. writes of this poem, . . . I Hear America Singing presents an image of the nation that Americans would like to believe is true-an image of proud and healthy individualists engaged in  productive and happy labor. Mechanic, carpenter, mason, boatman, deckhand, shoemaker, hatter, wood-cutter, plowboy-from city to country, from sea to land, the varied carols reflect a genuine joy in the days creative labor that makes up the essence of the American dream or myth. . . . America singing emerges as a happy, individualistic, proudly procreative, and robustly comradely America (Miller 146-147). These uniquely American ideals that are prominent in Whitmans poetry are also present in his form; he was a trailblazer in a relatively new form of writing called free verse. In his stanzas, Whitman wrote in a very vernacular and unapologetic way. This break from the common form and tone of the time period is why many consider Walt Whitman to be revolutionary. In Song of Myself, Whitman wrote this excerpt through the mind of a young woman looking at many men bathing in a river, Where are you off to, lady? for I see you, / You splash in the water there, yet stay stock still in your room. / Dancing and laughing along the beach came the twenty-ninth bather, / The rest did not see her, but she saw them and loved them. / The beards of the young men glistend with wet, it ran from their long hair,/ Little streams passd all over their bodies. / An unseen hand also passd over their bodies, / It descended tremblingly from their temples and ribs. (l. 206-213) For the 19th Century, this poem was considered overtly sensual by some of Whitmans contemporaries. In fact, his own brother refused to read it. In this excerpt, however, the rough-and-tumble obdurate nature of Whitmans poetry is on full display. He did not care about following any form or common trend that was popular and accepted; Whitman simply wrote what he wanted. James Miller writes of this poem, Like most poetic works of genius, Song of Myself has defied attempts to provide a definitive interpretation. In a very real sense, no reading of the poem has clarified the sum of its many mysteries (Miller 99-100). In this way, Whitman is the epitome of the American man. He developed his individual style, and stuck by it. In response to the criticism, he kept a cool head. One of his favorite phrases during interviews was, In poetry, there is no such thing as good or bad subjects, but good or bad poets. In the last excerpt, there also is a little bit of Ralph Waldo Emerson. He was anothe r Transcendentalist writer who coined the term Transparent Eyeball, which essentially is just the quiet observation of nature. This idea exists in Song of Myself as the lady watches and fantasizes about the men. In I Sing the Body Electric, Whitman continues this while describing a woman, Hair, bosom, hips, bend of legs, negligent falling hands, all diffused-mine too diffusedBe not ashamed, woman-your privilege encloses the rest, and the exit of the rest; / You are the gates of the body, and you are the gates of the soul. (l. 57, 66-67). In this excerpt, Whitman is clearly celebrating the individual. By describing the traits of a woman in this positive manner, he is empowering women along the Democratic ideals of our nation. This philosophy aided in popularizing several progressive movements that sought womens suffrage and improved rights throughout the nation. In addition, the religious allusion of soul appears in this passage. Later on in the poem, Whitman begins a lengthy catalog ue of all the bodily and emotional features of a human body. He declares at the end, O I say, these are not the parts and poems of the Body only, but of the Soul, / O I say now these are the Soul! (l. 164-165) A major facet of Transcendentalism is the interconnectedness of nature and the soul. In this poem, Whitman is commentating on how The voice, articulation, language, whispering, shouting aloud, / Food, drink, pulse, digestion, sweat, walking, swimming (l. 153-154) and other daily functions we perform come together and form the basic fabric of our existence: our soul. At this time in the United States, the majority of people lived in rural communities. In this way, Whitman was writing for the Common Man, as the Soul and several other allusions to religion find their way into his works. Whitman took the pillars of Transcendentalism and implemented them in his poetry in a way that Americans would find applicable and enjoyable. During his adult life, Whitman witnessed the growing divide between the North and the South, and the terrible war that followed decades of hatred. Whitmans poetry was not always optimistic; several times his poetry took on a more pessimistic Realist point of view. In I Sit and Look Out, he describes many atrocities, I see, in low life, the mother misused by her children, dying, neglected, gaunt, / desperate; / I see the wife misused by her husband-I see the treacherous seducer of young / women; / I mark the ranklings of jealousy and unrequited love, attempted to be hid-I see these / sights on / the earth This rant could be a sign of Whitmans frustrations at the racism and hatred he is seeing on a daily basis. He ends the poem, All these-All the meanness and agony without end, I sitting, look out upon, / See, hear, and am silent. (l. 3-7) But why would someone not do anything about these horrible things if they know theyre going on? That is exactly what Whitman is criticizing here. The I that Whitman is writing this poem through is not his first-person, but a metaphor of the American public. Whitman includes that line at the end as a culmination of all the evils; he is saying how being a bystander and letting all of those things go on unabated is just as terrible as the deeds themselves. This is very applicable to the Norths tolerance and ignorance of slavery in the South. The main philosophy of Realism is telling the truth as it is without romanticizing anything. Having lived in New York for most of his life, Whitman saw many slaves being transported throughout the city and used that disgust he felt as inspiration for this poem. At the conclusion of the Civil War, Whitman was devastated by the assassination of President Lincoln. He wrote several elegies for him, including When Lilacs Last in the Dooryard Bloomd, O Ca ptain! My Captain!, and O Me! O Life!. In O Me! O Life!, Whitmans poetry symbolizes the immense sorrow that the nation was feeling: Of the empty and useless years of the rest, with the rest me intertwined, / The question, O me! so sad, recurringWhat good amid these, O me, O life? (l. 6-7) It is clear that Whitman is in the middle of a crisis, endlessly searching for a faint idea of what life is actually about. This poem brings to focus the susceptibility of poets and authors to be influenced by current events. Especially for poets, whose works are generally inspired by personal emotion, Whitman likely used these intense feelings of despair as creative fuel. From the original 1855 edition of Leaves of Grass to 1867, the poetry collection grew from 12 poems to hundreds in just 12 years. Straying away from his earlier trends of Transcendentalism, Whitman turned towards Pessimism and Realism as the Union faced a political crisis during the mid-19th Century. After a long life, in 1891 Walt Whitman published the final edition of Leaves of Grass while he was on his deathbed; the final collection consisted of over 400 poems. These poems and the stories they tell are why critics today refer to Whitman as Americas Poet. He lived during a time when America was still struggling with its identity and showed these problems through a Realist lens. However, Whitmans Transcendentalist poetry embodied everything that America stands for today: diversity and equality. As long as America holds these just ideals in her heart, Whitmans poetry will live on.

Racial Inclusivity and Social Media and The Souls of Black Folks by W.E

Modern innovation has made the infusion of racial inclusivity and social media a tightrope walking affair above a never-ending abyss. Social media when used has been a place for radicalized defense, sensitive humor and to cavalcade swagger. Simultaneously this tool that has been disposed to culture through telephones, computers, tablets and many other places has created a whole new world for inauthentic means of living. In particular in regards to the African American culture. The â€Å"new ‘New Negro,’† a term suggested by Marlo David has so much at their fingertips, yet do not know how to use them. She said, â€Å"the new New Negro of the millennial age has sought to escape the shadow†¦that has been more real to him than his personality.† The arbitrary nature that African Americans escape to social media networks to show themselves only serves to cover themselves from what their blackness is. Blackness rooted in the brutalization of systemic o bjectification of their minds, bodies and expressions in various walks of life. These issues are not new to the Black experience, they are found in the early 1900’s with W.E.B. Dubois in his work, The Souls of Black Folk. His prophetic work confronted the black person then, and resonates in the infusion of Social media today in everyday life. . He writes, â€Å"How does it feel to be a problem? I seldom answer a word.† He continues, â€Å"Being a problem is a strange experience - peculiar even fro one who has never been anything else, save perhaps in babyhood and in Europe.† Social media has only meliorated the way African American persons are viewed, for Dubois and today, as a problem. From Duboisian experience in 1903 to Social Media and the Black Experience today, progress and problems persist.... ...BIBLIOGRAPHY Congress, T. L., & Willis, D. L. A small nation of people : W.E.B. Du Bois and African-American portraits of progress. New York, NY: HarperCollins. David, M. (2007). Afrofuturism and Post-Soul Possibility in Black Popular Music. African American Review , 41 (4). Dubois, W. B. (2009). The Gift of Black Folk . Garden City Park, NY: Square One Publishers. DuBois, W. E. (1903). The souls of black folk: essays and sketches. Chicago: A.C. McClurg & Co.; [Cambridge]: University Press John Wilson and Son, Cambridge,. Neuhaus, R. (2008). "The public square: a continuing survey of religion, culture, and public life. First Things , 184, 57-72. Schwartz, D. (1989). Visual Ethnography. Qualatative Sociology , 12 (2), 119-154. Senft, T., & Noble, S. (2013). Race and Social Media . In T. M. Jeremy Hunsinger, Routledge Handbook of Social Media (pp. 107-120). Routledge.

Mrs. Dalloway Response Paper

Clarissa Dalloway, the protagonist in the novel Mrs. Dalloway, tried hard in order to balance her internal life to that of the outside world. In the novel, the reader could see that her life is full of activities, that her world is full of sparkling and impressive things like fashion and parties that are constantly present in high societies. However, this world does not satisfy her in the manner that she wants to be satisfied and thus she walk into that world trying to look beyond the superficiality of that world, in search for some deeper meanings.Clarissa constantly yearns for privacy which made her liable towards introspection thus giving her a deep faculty for emotion which is not present in the other characters in the story. In spite of this, Clarissa is also concerned with superficial things such as the way she look and so she keeps herself always composed, hardly ever sharing her thoughts or feelings with anybody. She makes use of endless flow of genial chatter and activities in order to keep her soul out of reach thus making her appear superficial or trivial even to those people who supposedly know her well.Clarissa is also continually superimposing the past with the present; she endeavors to reconcile herself to life in spite of her strong recollections of the past. In most part of the story Clarissa mull over aging and mortality with anxiety, even while performing life-affirming deeds. In spite of the fact that she is content with what she have in life she never releases the doubts she have concerning the choices which made her life as it was in the novel (especially her choice of marrying Richard instead of Peter). Her rationale behind this choice is that life with Peter would be hard in contrast to life with the financially secure Richard.However, Clarissa is aware that she gave up passion and love in exchange for the security life in the upper-class society has to offer. There are times that she wishes she could re-live her life all over again and she particularly feel a sense of clarity and tranquility when she observe her neighbor through her window, and she also accepts the possibility of death. As was the case with Septimus, Clarissa ardently feels the domineering forces in life, and she settle with the notion that the life she have at the moment is all she would ever get yet in spite of this her resolve to persist still exists.Septimus Warren Smith on the other hand is a veteran of World War I. He suffered from shell shock which made him lost in his own mind which made him loathe himself for being incapacitated. At the same time, he is also an individual who is full of guilt. Septimus’ doctor ordered his wife, Lucrezia to make Septimus notice and be concern of things other than himself since Septimus appears to have completely escaped from the outside world. Septimus has been living in a world known only to himself wherein he hears and see things which could not be seen or heard by others. In this world Septimus i s able to talk with his already deceased friend, Evans. He appreciates the beauty the world has to offer however he is afraid that the people living in it do not have the ability to be honest or kind. In this regard we could see that the author of the novel means for Clarissa to tell the audience the sane truth in this world and for Septimus to tell us the insane truth. This tactic works out well in that Septimus’ indifference allows him to judge others more harshly than Clarissa. The world outside Septimus world is intimidating and from his point of view it offers very little hope.At first glance or on a superficial level, Septimus appears to be different from Clarissa however he exemplifies many attributes in common with Clarissa (such as her way of thinking). In this manner one could even mistake Septimus as Clarissa’s double in the story. Both of them have beak noses, they both like Shakespeare, and most importantly they both fear repression.At the same time, Septi mus also provides as a contrast between conscious struggle of the working class veterans and the blind affluence of the high society. His actions lead the readers to think of the legitimacy of the English society he fought for in the World War I. Since Septimus’ line of thinking is the same with that of Clarissa the line which seems to divide sanity with insanity becomes thinner and thinner as the story progress. Septimus decided to end his problems by committing suicide, a dramatic and tragic act which eventually helped Clarissa to accept her own choices as well as the society in which she is a part of.All throughout the novel, Clarissa, Septimus, Peter along with the other characters could be seen trying to find an outlet which they could use for communication and enough privacy. In the novel one could see how hard it is to balance communication and privacy. For example, in the novel one could see Clarissa throwing different parties left and right in an endeavor to draw peo ple together however she also feel swathed within her own philosophical thoughts and soul and thinks how mysterious it is for her to exist in her room while her neighbor exists in another.Even when she rejoice in her neighbor’s independence she know deep down inside that it is accompanied by an unavoidable melancholy. The war has also changed the people’s notion of what English society ought to be like, and it is difficult to reconcile those who still believe in upholding the traditional English society with those people who are looking for constant change. In spite of all the efforts put forth by the characters it remains difficult to make consequential connections in the disorganized postwar world portrayed in the novel. Finally, Clarissa views Septimus’ demise as a desperate albeit legitimate attempt for communication.During the 19th century, the British Empire appears indestructible in that it was able to expand on other territories like India, Nigeria, and the like. The British Empire is one of the largest empires ever written in history. However there came a time that the English became vulnerable even on their native land. In spite of the fact that the Allies won the war, it is as though the victory is merely based on name since the extent of the injuries they received is so devastating.Due to this, the English citizens lost their faith on the empire following the war. Many people no longer believe that England is still invincible and they refuse to adhere to the constraints made by the empire to them particularly since the benefits are rakes only by the selected few while all of England fought for it.In 1923, the year when this novel first appeared, the old institution along with its set of repressive values is facing their end. English citizens, particularly the younger generations such as the novel’s Clarissa, Septimus, and the like experiences the failure of the British Empire as powerfully as they do their own personal f ailures. Citizens who still uphold the old tradition are mostly comprised by the older generation like Aunt Helena and Lady Bruton. In this regard the reader could contemplate that Aunt Helena’s eyeglasses was most likely used as a symbol of her inability to see the crumbling of the British Empire.The threat of oppression is also one of the relevant themes in the story. In a way, Mrs. Dalloway has so many things similar to the film The Hours. First and foremost the film was largely based on the novel Mrs. Dalloway. The film and the novel both shows how people are frightened by the threat of oppression and that those who could no longer deal with the threat sees suicide as a means of escape. In the movie The Hours, the three main protagonists always contemplate the notion of suicide as a means of escape.As to the question on whether Clarissa and Septimus would make the same choices they made if they are part of the contemporary world, I believe the answer is yes. True, things have changed a lot since the early 19th century however people still has to cope with different kind of pressures and problems. Not simply because you are living in a world completely different from before it already means that you would not be dealing with things our predecessors dealt with.Everyday we are faced with many choices and our personality and ability to cope up with all of these which determines which choice we would make. Septimus would still commit suicide if she is faced with another kind of threat in the modern world, and Clarissa would most likely still act the same way. The movie The Hours provided us with a modern day Clarissa and she is very similar to Mrs. Dalloway’s Clarissa, thus I believe that it is your own personality, the way you handle and view things which is more important.No matter what kind of world you are put in you would still face many obstacles albeit on different guise, thus if you are weak you are likely to make the same choice regardles s of your environment. For Clarissa (in novel and in film alike), in spite of the appeal of suicide, she still choose to fight the battle which is called live and that is primarily the reason why she did not choose to escape by means of suicide.ReferenceWoold V. (1990). Mrs. Dalloway: Harvest Books; 1st Harvest/HBJ edition.

Honda Automobile Manufacturer

Honda Automobile Manufacturer Introduction Value chain in a company consists of activities that aim to take in inputs and convert them into outputs that are of high quality in order to cater for the needs of the end consumer. Value chain activities are important to an organization because they add value and quality to the end product so that a consumer can use the good/service and obtain satisfaction (Kourdi 2009, 133).Advertising We will write a custom essay sample on Honda Automobile Manufacturer specifically for you for only $16.05 $11/page Learn More Value chain activities are often conducted by numerous departments which all work together to produce quality products and services. Some of the departments that work together in order to add value to raw materials/goods as they move down the industry value chain include; the exploration department, manufacturing department, inbound and outbound distribution department, sales and marketing department, after sales department and the admin istration department (Worthington Britton 2009, 45-50). The need for creating value along the distribution chain has forced supply chain management managers to integrate planning and use proper strategies to ensure that raw materials, work in progress and finished goods reach where they are needed at the right time and in good quality (Wisner et al 2008, 22). Additionally, supply chain experts need to develop contingent strategies and tactics that will alow their distribution networks obtain high degrees of flexibility as goods move either forward or backwards. The company The Automobile Industry is a good example of an industry that uses supply chain management activities to add value to vehicles and automobile parts and come up with a diversified range of products that can be used by various consumers in a wide range of industries (na, 2011). The level of investment and capital required to run activities in the automobile industry is quite high and it thus becomes necessary for c areful planning to be incorporated so that goods and services can flow from vendors, the factory floors where cars are assembled to automobile showrooms around the world. Honda is an Automobile manufacturing company that operates in over 150 countries and produces close to14 million internal combustible engines annually making it the world’s largest internal combustible engine manufacturer and motor cycle manufacturer. The company has been in existence for over 60 years and has built one of the largest global networks in the automobile industry and is now the worlds 6th largest automobile maker. The company currently has over 180,000 employees and made over $ 120billion in gross revenues in 2010, the company’s expansion and operations have been able to run smoothly due to the abundant assets and owners’ equity that the company has to finance it expansion activities (Andrew 2010, 91-94).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Structure of the Organization The company has its headquarters in Minato, Tokyo, Japan, which coordinates the company’s activities with its branches and car dealerships. The Headquarters serves as the central decision maker with all leader functional units being located in Tokyo. The company uses regional heads who are well experienced business executives to communicate the intentions of the corporate heads and coordinate all supply chain activities where the company has vested interests. These business executives then head all other regionalized functional units within their regions such as China, United States, Pakistan, Canada, England, Japan, Belgium, Brazil, New Zealand, Indonesia, India, Thailand, and Turkey. Figure 1 Typical example of supply chain activities within the automobile industry. Vision, Mission Strategic objectives Vision Honda plans to being the most respected, responsible and be st performing among automobile manufacturers in the world by building vehicles and engines that are highly reliable and of high quality. Honda further aims to produce highly efficient, reliable and environmentally friendly automobiles and engines. Honda desires to become the most recognized automobile company that will not only become competitive but also a successful force for progress within the automobile industry. Honda’s mission is to fundamentally make a difference in the world and especially the Automobile industry. Mission Honda has defined its mission as an organization which intends to operate from a global viewpoint. Honda is dedicated to supply products of the best quality, yet at a sensible price globally to satisfy all of its clients. Hondas mission is to build good reliable automobiles that will be used across the world to meet consumer needs and initiate satisfaction (Worthington Britton 2009, 77).Advertising We will write a custom essay sample on Hon da Automobile Manufacturer specifically for you for only $16.05 $11/page Learn More The company maintains that in order to produce high quality and dependable motor vehicles the company must always advance with ambition and youthfulness, value sound theory and continuously build up fresh ideas (Taylor 2008). Strategic objective Honda believes that in its day to day operation it will incorporate strategies and tactics which will ensure the company is Performance Driven because this fact will ensure that the company will fulfill its promises through continuous improvement in the use of more safer, dependable operations within the automobile industry that will develop superb vehicles and engines. Success of the organization The last decade has seen Honda grow from an average automobile manufacturer to a respected one. The acquisition of a good corporate leader and strategic reliance has seen the company overtake Nissan to become the 2nd largest manufacturer in Japan a nd overtake Chrysler to become the world’s 6th largest manufacturer worldwide. The company through its Acura brand, which is considered a very good luxury car model the company has penetrated the American market and is a successful brand in North America. The company has also expanded its business and entered into the Aero engine industry making it a more attractive company worldwide, increasing its marketing share, revenues, profits and improved the company image worldwide (Mohamad 66-71). PESTEL analysis Political-legal Analysis The largest markets of Honda are in Japan, North America and Europe they are considered politically stable and the fact that Japan is among the G8, has paved way for the penetration of Japanese products into these markets due to good political relationships between Japan and the governments of these regions (Allison Kaye 2005, 133-140). The good political relationship between Japan and these countries has created less legal hurdles in the path of H onda. Social-Economic analysis The success of Honda can be attributed to the fact that the company creates luxury vehicles that target mostly developed countries and regions such as Europe and North America. These regions are known to be economically stable. Also the citizens have high disposable income and good family structure that is favorable to Honda as an automobile manufacturer. Technological environment Japan is one of the most advanced countries in terms of technology enabling the country increase output and produce products that are highly dependable and of high quality. Project management and operations management technology from Japan is a key component that has lead to success of Honda in the Automobile industry.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Competitive intensity Threat of new entrants Barriers are placed by existing companies and regulatory authorities to prevent new entrants from making abnormal profit flows for existing companies some of the threats include government policies, exploiting cost advantages, access to distribution and capital requirements. In this case, the Automobile industry is known to be very capital-intensive since acquisition assembly plants and equipment can be very expensive. Intensity of competitive rivalry among existing firms firms within the same industry always compete for the available market share either through powerful competitive strategies, innovation, structure of industry costs, switching costs or degree of product differentiation and so on. There are many car manufacturers worldwide thus increasing the level of competition in the industry. Threat of substitute products or services consumers opt to go for substitute products if quality is better, price is relatively better or the cost of switching is favorable. There are relatively fairly many substitutes for motor vehicles except for motor cycles, airplanes, trains and Ships. This therefore means that the Automobile industry becomes more competitive for Honda. The bargaining power of customers the bargaining power of buyers depends on the number of buyers within the industry who purchase from the available suppliers, differentiation of products, and the profit margin of buyers especially if they are resellers, switching costs that are associated with switching brands and the importance quality and service to the buyers. Currently, there are very many brands of automobiles thus increasing bargaining power of buyers and increasing the intensity of competition. The bargaining power of suppliers Suppliers who provide raw material can determine the profitability and viability of an industry by setting prices of implements which in turn affect the profit margins. The concentration and number of suppliers affec t their bargaining power, the importance of the industry to them, the ability of suppliers to integrate forward and the role of quality and service in the industry, but the ability of Honda to produce some of its raw materials increases its competitive advantage (Stadtler 2008, 74). SWOT analysis Strength Honda has a considerably good corporate culture; a culture of quality, reliability and innovation that has enabled it to become a global manufacturer of automobiles. The company also has good leadership structures and leadership that is capable of steering the company into the future. The availability of adequate resources has also contributed to growth and expansion (Kourdi 2009, 66).  Honda has one of the most sophisticated internal combustible engine technologies in the world. The company has the capacity of building over 14 million engines annually, which is way above many manufacturers in the industry. Thus, it can produce and deliver many automobiles giving it an advantage over other companies which cannot match up and do the same (Douglas 2008, 146). Not only can Honda produce many engines but the company also has a well developed quality control system that has enabled it rise the levels of quality within the company’s products. Weaknesses Although the company has adequate resources, its resource base is not enough to compete with the likes of Toyota, Volkswagen and General Motors and this limits Honda’s ability to compete equally within the industry. Due to the capital intensive nature of this industry companies like Toyota have been able to pursue their expansion strategy more effectively (Wheelen Hunger 88). Opportunity The company is yet to penetrate the Asian market especially India and China but through mergers and strategic alliances, the company can double its sales in Asia and boost its position in the global Automobile market (Wheelen Hunger 2002, 61-62). Threats More established automobile makers like Toyota, Volkswagen an d General Motors are more likely to react to the actions and recent success of Honda and develop strategies that may hinder or affect Honda’s business. Thus, it is necessary that the company undertakes continuous research to improve their business (Michael 81-83). Key Drivers for change The competitive nature of the industry can be used by the management as the key driver of change; this is because when other competitors decide to take on Honda it will require the company also to retaliate by intensifying competition. Parameters such as sales, market share and company image can be used by management as key performance indicators that may be of use to detect if changes are needed (Kourdi 2009, 216). Conclusion Consumers and buyers today purchase value and attributes of products and therefore it is necessary that all activities of the integrated supply chain industry be geared towards increasing value for the resellers and end consumers. Honda being the 6th world’s large st Automobile manufacturer has a long way to go if the company is to realize its vision. Thus, it is necessary for the company to continuously improve the functions of each functional department in order to satisfy its customers and have a sustainable business. References Allison, M. Kaye, J., 2005. Simplified strategic planning: a no-nonsense guide for busy people who want results fast. Worcester, MA: Chandler House Press. Andrew, H., 2010. The definitive Handbook of Business Continuity Management. New Jersey: John Wiley and Sons. Douglas, L., 2008. Supply chain management: processes, partnerships, performance. New York: Supply Chain Management Inst. Kourdi, J., 2009. Business Strategy: A Guide to Effective Decision Making, 2 editions. New York: Economist books. Michael, P., 1990. The competitive Advantage of Nations. Northampton, MA: The Free Press. Mohamad, J., 2009. Inventory Management: Non classical views. Florida: CRC Press. Na, 2011. Honda Worldwide, History. Honda. Retriev ed from www.World.honda.com Stadtler, H., 2008. Supply chain management and advanced planning: Concepts, models, software, and case studies. New York: FastBook Publishing. Taylor, A., 7 March 2008. Americas Most Admired Companies: Honda. CNNMoney.com. retrieved from www.CNNMoney.com Wheelen, T. Hunger, D., 2002. Strategic management and business policy. New Jersey: Prentice hall. 2002. Print Wisner, J. et al, 2008. Principles of Supply Chain Management. New York: Cengage learning. Worthington, I. Britton, C., 2009. Business environment, 6th edition. Melbourne: Pearson Education.

Mat 201 Module 1 Essay Example

Mat 201 Module 1 Essay Example Mat 201 Module 1 Essay Mat 201 Module 1 Essay TUI THOMAS J. COBB MAT 201 Module 1 – Case Assignment Dr. Alfred Basta Mat 201 Module 1-Case Assignment Thomas J. Cobb 1. Suppose you have 4 nickels, 6 dimes, and 4 quarters in your pocket. If you draw a coin randomly from your pocket, what is the probability that: a. You will draw a nickel? The probability of someone drawing a dime would be 4/11 or 36%. b. You will draw a dime? The probability of some drawing a nickel would be 6/11 or 54% c. You will draw a quarter? The probability of someone drawing a quarter would be 4/11 or 36% 2. You are rolling a pair of dice, one red and one green. What is the probability of the following outcomes: a. The sum of the two numbers you roll from the dice is 11. There are 2 possible outcomes. 5,6/6,5 b. The sum of the two numbers you roll is 6. There are 5 possible outcomes. 1,5/5,1/ 3,3/4,2/2,4 c. The sum of the two numbers you roll is 5. There are 4 possible outcomes. ,4/4,1 /3,2/2,3 3. A glass jar contains 6 red, 5 green, 8 blue, and 3 yellow marbles. If a single marble is chosen at random from the jar, what is the probability of choosing a red marble? a green marble? a blue marble? a yellow marble? a. The red marble would have a 6/22 or 27% chance of being drawn. b. The green marble would have a 5/22 or 23% chance of being drawn. c. The blue marble would have an 8/22 or 36% chance of being drawn. d. The yellow marble would have a 3/22 or 14% chance of being drawn.

Nursing research Essay Example | Topics and Well Written Essays - 250 words - 61

Nursing research - Essay Example In effect, structuring questions in an open-ended approach provide extra information, other than Yes/No answers, is the most influential approach to structure the questions since they avoid biased answers while studying questions exhaustively. Networked computers that operate in a shared network connection, in the workplace are a  vital approach of sharing information since they connect individuals in the workplace. Other than this approach, information can be shared through the internet, which is the most efficient method of sharing information in the contemporary society. In line with this, information should be shared through media such as email, which is one of the official tools that people use to pass information in the workplace. On the other hand, websites work as an important tool to share information while social networking sites such as Facebook and Twitter also exemplify the use of technology to pass information in the

Finance and Investment assignemnt 1 Assignment Example | Topics and Well Written Essays - 1000 words

Finance and Investment assignemnt 1 - Assignment Example FV W/ Cont. Compounding =PV*e^rt Where: PV= Present Value R= Rate T= Time (i) Annually FV= $ 1,000*e^(.45)(1) $ 1,046.00 (ii) 6 monthly FV= $ 1,000*e^(.45/2)(1*2) $1,046.00 (iii) Quarterly FV= $ 1,000*e^(.45/4)(1*4) $1,046.00 (iv) Monthly FV= $ 1,000*e^(.45/12)(1*12) $1,046.00 (v) Daily FV= $ 1,000*e^(.45/365)(1*365) $1,046.00 (vi) Hourly FV= $ 1,000*e^(.45/8760)(1*8760) $1,046 (c) Effective interest rate tries to determine the entire cost of borrowing. It accounts for the effect compounding interest which is excluded from the stated or nominal interest rate. For instance, a loan with 10% interest compounded monthly will actually have a rate greater than 10% since the rate is accumulated on monthly basis. Effective Rate, R=(1+I/N)^N Where: R- Effective Rate I= Stated Interest Rate N=Number of compounding periods per year (i) Annually The effective annual interest rate is similar to compounded rate since number of compounding period is one. (ii) 6 monthly R=(1+0.045/2)^2 1.0225% 2.250 0% (iii) quarterly R=(1+0.045/4)^4 1.0341% 3.4100% (iv) Monthly R=(1+0.045/12)^12 1.0420% 4.2000% (v) Daily R=(1+0.045/365)^365 1.0459 4.5900% (vi) Hourly R=(1+0.045/8,760)^8,760 1.0460 4.6000% (d) R=e^n R=2.718^0.045 = 4.6000% Question 4 (a) F.V = P.V (((1+r))^n-1)/r) Where: FV – Future Value PV-Present Value R- Interest Rate N= Time taken 2,000= 1000(((1+2%)^n-1))/.02) 2,000=1,000(1.02)^n-1/.02 (1.02)^n-1=(2000/1000)*.02 (1.02)^n-1=0.04 (1.02)^n=0.04 Nlog 1.02=1.04 N=1.04/In1.02 N=1.04/0.0198 N=52.5 Years (b) 2,000= 1000(((1+5%)^n-1))/.05) 2,000=1,000(1.05)^n-1/.05 (1.05)^n-1=(2000/1000)*.05 (1.05)^n-1=0.1 (1.05)^n=0.1 Nlog 1.05=1.1 N=1.1/In1.05 N=1.1/0.0488 N=22.54 Years (c) 2,000= 1000(((1+7%)^n-1))/.07) 2,000=1,000(1.07)^n-1/.07 (1.07)^n-1=(2000/1000)*.057 (1.07)^n-1=0.14 (1.07)^n=0.14 Nlog 1.07=1.14 N=1.14/In1.07 N=1.14/0.0677 n-16.85 (d) i=2, i=5 and i=7. (5 marks) F.V = P.V (((1+i/2))^0.5d-1)/i*2) (1+0.5i)^0.5d-1=(FV/PV)i*2 (1+0.5i)^0.5d = (FV/PV)i*2+1 d *0.5e^(1+0.5i )=(FV/PV)i*2+1 d = (FV/PV)i*2+1 0.5e(1+0.5i) Illustration: D= (2000/1000)*2*2+1 (0.5*2.718*(1+0.5*0.02) =9/2.269 =3.967 or 4% D= (2000/1000)*2*5+1 (0.5*2.718*(1+0.5*0.05) =21/2.09 =10.05 or 10% D= (2000/1000)*2*7+1 (0.5*2.718*(1+0.5*0.07) =29/2.07 =14% (e) F.V = P.V (((1+i/2))^0.25d-1)/i*4) (1+0.25i)^0.25d-1=(FV/PV)i*4 (1+0.25i)^0.25d = (FV/PV)i*4+1 d *0.25e^(1+0.25i)=(FV/PV)i*4+1 d = (FV/PV)i*4+1 0.25e(1+0.25i) Question 5 Global Financial Crisis (GFC) with explanation of securitization and discussion on the role it played in the beginning of the GFC. Global financial crisis is about the failure of global major financial institutions. The global financial crisis originated form in the United States (US) when investors lost confidence in mortgages