Wednesday, August 26, 2020

Puppet Project Assignment Example | Topics and Well Written Essays - 1000 words

Manikin Project - Assignment Example The kids that I worked with truly enjoyed making Jacob, the lion, and were making proposals on what he ought to resemble. They even given the manikin a shot utilized it and made more manikins. Manikins are for learning and having a ton of fun while learning. Puppetry is a type of inventive craftsmanship where stitchery, weaving, painting, drawing and even mobiles can be utilized all together to improve children’s learning in all aspects of school and home issues. Psychological The youngster will figure out how to utilize language to communicate using manikins and stories they make up themselves. They will utilize their speculation abilities to make their manikins, think about a story, and utilize their manikin to introduce a short play to the class. Social-The kid will interface with other youngsters while making the manikin and putting on their own manikin appears. The youngster will have the option to begin conversations and figure out how to finish till the task is finished. The youngster will learn appropriate discussion aptitudes. Passionate The youngster will figure out how to communicate using these manikins. The kid defeat modesty, consideration issues and will have the option to finish task to fruition and make companions. Physical-The youngster will improve their manual aptitude when utilizing their hands and arms to control the manikins mouth. They will likewise at times figure out how to control their entire bodies to contol manikin relying upon the size of the manikin. The will likewise improve dexterity when the

Saturday, August 22, 2020

Agency Missed Early Tire Warnings Essays - Tires, American Brands

Office Missed Early Tire Warnings _____Correction_____ In some Sept. 12 versions, a feature in the Business area misquoted how the National Highway Traffic Safety Administration took care of certain objections about Firestone tires. The feature ought to have stated, as it did in different releases, that the office missed the grumblings. By Cindy Skrzycki Washington Post Staff Writer Tuesday , September 12, 2000 ; Page E01 On Nov. 30, 1998, the National Highway Traffic Safety Administration got a letter from a Ford Explorer proprietor who said his Firestone tire track stripped off like an orange. Envision my stun when the technicians took a gander at my tire and disclosed to me I was fortunate to be alive, the letter stated, including that the specialists revealed to him that Firestone tires on Explorers are known to lose track and add to or cause Ford Explorers to flip. This was among upwards of 26 customer objections about Firestone tires, recorded since the mid 1990s, that NHTSA ignored in January, while assessing whether to open an examination concerning reports of Firestone tire issues. NHTSA had missed the shopper protests in view of the manner in which its database is sorted out: They weren't recorded under Firestone as tire issues; they were documented under Ford as vehicle issues. NHTSA, the government office answerable for following data about potential auto security deserts, opened an examination concerning Firestone tires May 2- - after news reports of tire disappointments that brought about lethal mishaps. Also, NHTSA representative Rae Tyson said yesterday that the extra protests would not have incited the organization to move any sooner. Before, the organization has opened examinations with far less objections. It investigated issues with Michelin tires in 1994 dependent on five grumblings. The neglected grievances - enumerating episodes of tire victories, track partitions and different mishaps including Firestone tires mounted on Ford vehicles- - outline how troublesome it has been for government specialists to sort out an away from of what turned out badly with the 6.5 million tires that Firestone reviewed a month ago. The letters may have given before insights to the extension and gravity of the issues - which have since been connected to 88 passings in the United States. In January, a wellbeing absconds authority with the National Highway Traffic Safety Administration told his bosses in a reminder that he had been checking Firestone-tire objections for over a year however had included just seven out of 1998 and eight out of 1999 including the sort of tires that later would be reviewed. Be that as it may, the pro had missed different grumblings going back quite a long while on the grounds that when he scanned the database he searched for grievances recorded under Firestone ATX and Wilderness (two sorts of the reviewed tires). The information demonstrates a slight pattern of disappointments in Firestone ATX tires, the expert, Steve Beretzky, wrote in the Jan. 31 notice, a duplicate of which was acquired by The Washington Post. However, he proceeded, I don't trust it is sufficiently able to open an underlying assessment. Beretzky said the quantity of grumblings was little contrasted and the quantity of tires produced, and in any event, when the office called purchasers in 1999 dependent on observing a comparable pattern, the data assembled didn't indicate a case. NHTSA's Tyson said that regardless of whether the office had observed the extra objections, the number was not adequate to have incited it to open an examination around then. Opening an examination is among the organization's initial phases in a procedure that can lead it to arrange a review of dangerous vehicles or car parts. Called vehicle proprietor polls, a large number of these grievances incorporate photos of the mishaps, protection reports, and duplicates of letters and bills sent to Ford Motor Co. what's more, Firestone for harm done to Explorers from tire victories. For example, on Sept. 7, 1997, NHTSA got a letter from an irate Texas driver who said she lost control of her 1992 Explorer when her back traveler side tire lost its track: I hit a 18-wheeler and ricocheted off his truck- - twice. I at that point went across the middle of Highway 288 toward approaching traffic, she composed. I have and will keep on telling everybody that these tires are a risk and ought to be reviewed. Tyson said it's a peculiarity of the database that the Ford objections didn't spring up when Beretzky was scanning for tire information. In any case, even without surveying the full universe of

Thursday, August 20, 2020

What Are Obsessions in OCD

What Are Obsessions in OCD OCD Print Obsessions in Obsessive-Compulsive Disorder (OCD) The Types of Obsessions in OCD By Marla Deibler, PsyD facebook twitter Marla W. Deibler, PsyD, MSCP, is a licensed clinical psychologist and nationally-recognized expert in anxiety disorders and other mental health topics. Learn about our editorial policy Marla Deibler, PsyD Medically reviewed by Medically reviewed by Daniel B. Block, MD on February 12, 2020 twitter linkedin Daniel B. Block, MD, is an award-winning, board-certified psychiatrist who operates a private practice in Pennsylvania. Learn about our Medical Review Board Daniel B. Block, MD on February 12, 2020 Maskot / Getty Images More in OCD Causes Symptoms and Diagnosis Treatment Types Living With OCD Related Conditions Obsessive-compulsive disorder (OCD) is a mental health disorder in which a person experiences repeated thoughts (called obsessions) that drive them to perform certain actions (known as compulsions) to alleviate the anxiety the thoughts cause. In a given year, approximately 1% of adults in the United States have a diagnosis of OCD. Males often show symptoms of OCD in childhood, but females are affected at a higher rate by adulthood.?? OCD can appear in any person at any age, but the average age of onset is 19.5 years and 25% of people with OCD have symptoms by the time theyre 14 years old.?? OCD, Obsessions, and Compulsions Defined The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition (DSM-5), outlines diagnostic criteria for “Obsessive-Compulsive and Related Disorders.?? To be diagnosed with OCD, a person must meet the following criteria: The presence of obsessions, compulsions, or bothThe obsessions or compulsions are time-consuming (more than one hour per day) or cause significant distress or impairment in one’s daily functioningThe symptoms are not better accounted for by the physiological effects of a substance, medical condition, or other mental illness Obsessions  are recurrent, persistent, intrusive, and unwanted thoughts, images, or urges that cause anxiety or distress. People with OCD attempt to ignore or suppress obsessions, or have to neutralize them by performing a compulsion. Compulsions, on the other hand, are repetitive behaviors or mental acts a person with OCD is driven to perform in response to an obsession or according to a rigid set of rules that govern them.?? Compulsions are clearly excessive or not connected in a realistic way to the problem they are intended to address. The 5 Types of OCD Obsessions and Compulsions Obsessions often involve a feared outcome, such as being responsible for harm to oneself or to others or being seen as unethical, immoral, or imperfect. For example, someone with OCD may become obsessed with the worry that they will unintentionally cause a fire in their home due to carelessness. The fear may become so overwhelming that it drives them to perform compulsions to minimize the perceived potential for harm and decrease the anxiety and distress they feel. A person dealing with a harm obsession related to fire might need to check all the outlets in their home before leaving the house to reduce the perceived risk that a fire will occur. Doing so drastically diminishes the anxiety associated with the obsession. Compulsions are also commonly misunderstood and can vary from one person with OCD to the next. How OCD Obsessions Can Change Over Time Types of Obsessions Contrary to common misunderstandings about OCD, being obsessed is not the same as thinking about something or someone often with fondness and deriving pleasure from the thoughts. Obsessions in OCD are distressing, time-consuming, and fear-driven.?? Characteristics of OCD Obsessions Internal experiences occur repeatedly, are unwanted, and feel as though they are outside of the individual’s control.They cause a great deal of discomfort, such as anxiety, disgust, fear, and may be overwhelming.The persistence of these ideas interferes with the persons ability to attend to other things of importance to them. While the exact content and nature of obsessions will vary from one person with OCD to the next, there are some common themes.?? Contamination Common obsessions related to contamination can include dirt, germs, bodily fluids, disease, environmental contaminants, or chemicals. Harm People with harm obsessions may fear of harming themselves or others, be afraid of being responsible for something bad happening, or unintentionally causing harm. When people with OCD have harm-related obsessions, they do not necessarily fear that they will intentionally do harm. Instead, they might fear unintentionally causing harm through carelessness, which can lead to checking compulsions (like needing to check all the outlets in their home before leaving). Unwanted Sexual Thoughts A person with OCD may have intrusive, unwanted, forbidden, or perverse sexual thoughts. These obsessions can take the form of images or impulses concerning homosexuality, sexual thoughts about children, incest, rape, or sexual aggression. Religiosity/Scrupulosity People with OCD may have obsessive thoughts, worries, or concerns about moral judgment and behaviors (or being good). If they are religious, they may be worried about offending God or blasphemy. Losing Control Some people with OCD fear that they will lose control. They worry about harming themselves or others through impulsive verbal acts, such as insulting someone or saying something taboo or forbidden, or physical acts like stealing or violence. The mental imagery of these obsessions may be aggressive or even horrific in nature. Perfectionism Just right OCD obsessions are concerned with evenness, exactness, symmetry, a need to know or remember, being driven to adhere to rigid routine or expectation, and an overall need for something to feel just right. Physical Illness Separate from contamination obsessions related to germs, people with OCD can also have obsessions around illness and disease. They may be preoccupied with worries that they have a disease or that they will get one. Sometimes, people with OCD are hyperaware of bodily processes like swallowing or breathing.?? These somatic obsessions can contribute to obsessions related to illness, pain, or disease. Hypochondria and OCD Are Not the Same Thing Superstitious Beliefs A person with OCD may believe that certain numbers, colors, words, or phrases are lucky or unlucky. If the latter, they may go to great lengths to avoid them, or, if they are unable to do so, use compensatory compulsive behaviors to quell the anxiety. A Word From Verywell People who have OCD have unwanted, intrusive, and often distressing thoughts that preoccupy their minds much of the time. To deal with these thoughts, and the anxiety or fear they case, a person with OCD often needs to engage in compulsive behaviors. The obsessions and compulsions that define OCD can have a significant and negative impact on someones life. However, there are ways to manage the condition. Many people with OCD find relief with a combination of therapy and medication. Support groups, both online and in-person, can also be of enormous benefit for people with OCD (as well as their loved ones) by providing resources, information, or simply a compassionate, listening ear. Tips for Living Better With OCD

Sunday, May 24, 2020

Edna’s Choice in Kate Chopins The Awakening Essay

Edna’s Choice in Kate Chopins The Awakening The text of Kate Chopin’s The Awakening often makes Edna Pontellier appear selfish and unfeeling, especially towards her children. Chopin does, however, allow for the possibility that Edna’s final act may be one of unselfish love for her children. It is Edna’s inability to assume the role society has chosen for her that leads her to act as she does. Edna really had no other choice in the end. It is very easy to perceive Edna as a selfish, cold, unfeeling woman. Chopin gives many examples in the text that lead the reader to feel no sympathy towards Edna. She is often indifferent to her husband’s affections, a cause of concern for Mr. Pontellier: He thought it very discouraging†¦show more content†¦Edna honestly was fond of her husband, being forced to admit that she knew of none better when the other ladies exclaimed what a wonderful husband he was (15). Here, it is evident that she truly does appreciate his good qualities. Of even greater concern to Mr. Pontellier is his wife’s failure as a mother: It was something he felt rather than perceived, and he never voiced the feeling without subsequent regret and ample atonement (16). As stated in this passage, Leonce felt guilty when pointing out his wife’s shortcomings as a mother. This did not, however, prevent him from doing so. When Leonce, upon returning home from an evening out, looks in on the children, he admonishes Edna for not noticing that Raoul has a fever. He scolds her for neglecting her children, as if she were hired help. Edna then goes herself to check on her son, but never reveals whether he truly had a fever or not. It’s quite possible that he did not. The narrator only gives Leonce’s viewpoint of the event, which may have been his reaction to her inattention to him at that moment. Though he professes his love for his children, Leonce spends even less time with the children than Edna. This is, however, accep table to him and society. Edna does genuinely love her children. She doesn’t realize this because she has never known love in her life, never formed an emotional attachment with another person. For this reasonShow MoreRelatedEdna Pontellier as a Feminist in Kate Chopin’s The Awakening765 Words   |  3 Pagesto fight back against the norm. This never-ending war is responsible for major advancements in the social order, but not every story is so successful. In Kate Chopin’s â€Å"The Awakening†, Edna Pontellier finds herself fighting this very battle that, although begins with a positive outlook, ultimately ends in her demise. Throughout â€Å"The Awakening†, Edna is immersed in a constant clash with society over the significance of the difference between her life and her self. To Edna, the question of whetherRead MorePersonal Demoralization In The Awakening1561 Words   |  7 PagesPersonal Demoralization in The Awakening To demoralize someone is to dishearten or discourage them and cause them to lose hope. Kate Chopin uses words like â€Å"depressed† (56), â€Å"hopeless† (56) and â€Å"despondency† (p115) to describe Edna Pontellier, the heroine, in The Awakening. Coupling this description with Edna taking her life at the end of the novel and Chopin’s own inferred demoralization, due to the universal aversion to The Awakening, the natural conclusion is that it is a work of â€Å"great personalRead More Margit Stange’s Literary Criticism of Chopin’s The Awakening1350 Words   |  6 PagesLiterary Criticism of Chopin’s The Awakening Kate Chopin created Edna Pontellier, but neither the character nor her creator was divorced from the world in which Chopin lived. As a means to understand the choices Chopin gave Edna, Margit Stange evaluates The Awakening in the context of the feminist ideology of the late nineteenth century. Specifically, she argues that Edna is seeking what Chopin’s contemporaries denoted self-ownership, a notion that pivoted on sexual choice and â€Å"voluntary motherhood†Read MoreDemoralization In The Awakening1584 Words   |  7 PagesTo demoralize someone is to dishearten or discourage them and cause them to lose hope. Kate Chopin uses words like â€Å"depressed† (56), â€Å"hopeless† (56) and â€Å"despondency† (p115) to describe Edna, the heroine, in The Awakening. Coupling this description with Edna taking her life at the end of the novel and Chopin’s own inferred demoralization, due to the almost universal aversion to The Awakening, the natural c onclusion is that it is a work of â€Å"great personal demoralization†, (Companion 5) as MichaelRead More The Awakening: America Was Not Ready For Edna Pontellier Essay1868 Words   |  8 Pageswas much on the public mind (Culley 117). Women were finally publicly discussing private matters and gaining on their male counterparts’ socioeconomic status, and in 1899, in the midst of the womens movement, American society seemed ready for Kate Chopin’s newest invention, Edna Pontellier. Madame Edna Pontellier, wife of wealthy and much respected Leonce Pontellier, had the perfect life. Vacationing in Grand Isle, living in a mansion, raising her two boys, Edna seemed untroubled and well caredRead MoreThe Awakening By Kate Chopin915 Words   |  4 PagesMany of Kate Chopin’s writings are trademarked by her unique, deliberate word choices. Chopin uses phrases that do not make sense and seem to contradict themselves to get across a point. In two of her stories, â€Å"The Story of an Hour† and â€Å"The Awakening,† Chopin’s word usage highlights the idea of self-discovery. â€Å"The Awakening† and â€Å"The Story of an Hour† share similar themes. â€Å"The Awakening† is the story of a woman in the late 1800s discovering her apathy for her traditional female role as a wifeRead MoreFemale Empowerment in Kate Chopins The Awakening7915 Words   |  32 PagesHeinrich-Heine-Università ¤t Wintersemester 2010/11 Vertiefungsmodul Kurs: American Realism and Naturalism - Short Stories Seminarleiter: Georg Schiller Datum der Abgabe: 16.04.2011 Female Empowerment in Kate Chopin’s â€Å"The Awakening† Anjana Dhir BA Englisch KF, Geschichte NF 3. Semester Table of Contents 1. Introduction 3 2. The FrenchRead MoreAn Analysis Of The Awakening By Kate Chopin851 Words   |  4 Pages â€Å"The Awakening† By Kate Chopin is the story of a woman learning to follow herself. Kate Chopin creates a character named Edna who is coming to herself about who she truly is. In the story Edna, the woman, moves everything out of her path, in a very rebellious fashion, in order to grow as an individual. Chapter 19 of â€Å"The Awakening† is the midway point of the story. This chapter is Edna’s breaking point, where she comes to the realization that she does not need to follow the ways of society. Read MoreEssay about The Awakening1491 Words   |  6 Pages The Awakening nbsp;nbsp;nbsp;nbsp;nbsp;The novel, The Awakening by Kate Chopin, was written in the late nineteenth century in St. Louis after her husband Oscar died of a severe illness. Her book appeared in 1899, after she was idolized by many novels written by Darwin and Sarah Orne Jewett. Her first attempts at writing were just brief sketches for a local newspaper that was only short descriptions of her life in Louisiana. However, Chopin’s interests had always run along more risky linesRead More Margit Stange’s Literary Criticism of Chopin’s The Awakening808 Words   |  4 Pages Margit Stange’s Literary Criticism of Chopin’s The Awakening Margit Stange makes a series of meaningful connections between Kate Chopin’s dramatization of Edna Pontellier’s â€Å"awakening† and the historical context of feminist thought which Stange believes influenced the novel. Part of understanding Edna’s motives and Chopin’s thinking are Stange’s well-chosen references to the contemporary ideology that shapes Edna’s thinking and her choices. Stange argues that Edna is seeking the late-nineteenth-century

Wednesday, May 13, 2020

Christopher Columbus - Free Essay Example

Sample details Pages: 3 Words: 945 Downloads: 6 Date added: 2018/12/19 Category History Essay Type Research paper Level High school Did you like this example? Christopher Columbus is considered to be a controversial character in history (Bauer 2013; 87). Many books portray him as the prominent Italian explorer who discovered North America. There are numerous misconceptions pertaining his heroic character (Burger 2013; 61). October 12th marks his arrival day to the Bahamas. He also went to the coasts of Haiti, Cuba and Dominican Republic (Lillejord 2013; 961). Even though he was attributed to presenting the Americas to the European colonization, he was also blamed for destroying the Native people who resided in the places where he landed. He encountered a group of people called Taino when he first arrived at Hispaniola. These people were very well built with handsome bodies and good-looking faces. Since they did not carry arms, he thought he could use them as good servants (MYINT 2015; 21). These natives were made slaves and if they did not collect adequate gold, they stand a chance of losing their limbs or get killed. He was later arrested by the Spanish Government due to the mistreatment he did to the native people. He admitted to his heinous crimes and his title of governor was revoked (Liu 2014; 970). Many people think that he was a hero due to the fact that what his voyages did. His expeditions permitted the exchange of animals, plants, ideas, culture and even diseases across the Western and Eastern Hemisphere known as the Columbian E xchange (Tiesler 2016; 200). Columbus together with his men introduced diseases to this ?New World which resulted in the destruction of its people(Liu 2014; 968). Don’t waste time! Our writers will create an original "Christopher Columbus" essay for you Create order Smallpox disease killed most of the native people and as a result their population dropped down drastically. The outcome of these illnesses on the Native Americans made the Americas to be dominated by the European people. Once the Europeans were capable of moving to every part of the world, modern age would start which will change the world forever. Foodstuffs which were brought from the Americas such as tomatoes, corn and potatoes became very popular within Europe and assisted in improving the population of Europe (Muz 2015; 21). On the other hand, the wheat obtained from Europe became the major source of food among the people of Americas(Liu 2014; 971). Columbus could also be considered as a heroic character because of his courageous actions of leading the voyage through the Atlantic Ocean and also discovering the modern day Bahamas (Dunn 2016; 59). He successfully led the voyage across the ocean despite the fact that sometimes the ocean can become very rough especially when there is a heavy storm. I feel that Columbus together with his colleagues were very brave and courageous in undertaking the voyage using vessels which were made in the 1400s (Jones 2015; 1698). Nowadays, there are some ships which sink in the oceans despite the technology we have today (Burley 2017; 338). In conclusion, I think that Christopher Columbus was more of a villain character that a hero. His villain character is as a result of the personal benefits he derived from his heinous actions (Bickford 2013; 452). All the journeys he undertook to both hemispheres could be more beneficial to those people living there (Burley 2017; 339). However, he opted to make people slaves especially to the first people he came across with. The manner in which he disciplined the Taino people was not unacceptable (Findlay 2017; 265). These actions dropped throughout time and it did a lot of historic damage to the people of Native American. Another reason why I think he was a villain was that he struggled very hard to look for diamonds and gems however he could keep only 10% of what he found. This was simply motivated by personal gains (Hitchmough 2013; 263). Even though he opened a door to Europe, he ruined a lot of lives. I also think that if different actions were undertaken by him, he could have simply turned out to become a true world hero (Beding 2016; 63). References Bauer, Marta. Christopher Columbus: An Analysis of Myth Creation and Longevity in Early America. PhD diss., 2013. Beding, Silvio A., ed. The Christopher Columbus Encyclopedia.Springer, 2016. Bickford, John H. Examining historical (mis) representations of Christopher Columbus within childrens literature. Social Studies Research and Practice (2013). Burley, David V., Robyn P. Woodward, Shea Henry, and Ivor C. Conolley.JAMAICAN TANO SETTLEMENT CONFIGURATION AT THE TIME OF CHRISTOPHER COLUMBUS.Latin American Antiquity 28, no. 3 (2017): 337-352. Burger, Michael. The Shaping of Western Civilization: Volume II From the Reformation to the Present. Vol. 2.University of Toronto Press, 2013. Dunn, Dennis J. Western Civilization. In A History of Orthodox, Islamic, and Western Christian Political Values, pp. 57-87.Springer International Publishing, 2016. Findlay, Ronald, and Mats Lundahl. International trade and factor mobility with an endogenous land frontier: Some general equilibrium implications of Christopher Columbus. In The Economics of the Frontier, pp. 261-281. Palgrave Macmillan UK, 2017. Hitchmough, Sam. its not your country any more. contested national narratives and the columbus Day parade protests in Denver. European Journal of American Culture 32, no. 3 (2013): 263-283. Jones, Emily Lena. The Columbian Exchangeand landscapes of the Middle Rio Grande Valley, USA, AD 1300–1900.The Holocene 25, no. 10 (2015): 1698-1706. Joshua, D. Charting Columbus Place in the Literary Canon. (2017). Lillejord, JebadiahSerril. Christopher Columbus, Hernando Cortes, and Francisco Pizzaro: A Qualitative Content Analysis Examining Cultural Bias in World History Textbooks. Seattle Pacific University, 2013. Liu, Xinyi, and Martin K. Jones. Food globalisation in prehistory: top down or bottom up?. Antiquity 88, no. 341 (2014): 956-963. MYINT, B. (n.d.). Christopher Columbus: Hero or Villain? Retrieved December 16, 2015, from https://www.biography.com/news/christopher columbus-day-facts Muoz, Eduardo Madrigal. From Columbus to globalism: The construction of western hegemony. Revistahumanidades 5, no. 1 (2015): 1-23. Tiesler, V., A. Coppa, P. Zabala, and A. Cucina. Scurvyrelated Morbidity and Death among Christopher Columbus Crew at La Isabela, the First European Town in the New World (1494–1498): An Assessment of the Skeletal and Historical Information. International Journal of Osteoarchaeology 26, no. 2 (2016): 191-202.

Wednesday, May 6, 2020

Financial Crisis Is a Man Made Catastrophe Free Essays

What is Financial Crisis? The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. We will write a custom essay sample on Financial Crisis Is a Man Made Catastrophe or any similar topic only for you Order Now Financial crises directly result in a loss of paper wealth; they do not directly result in changes in the real economy unless a recession or depression follows. TYPES Is financial crisis really a man-made disaster? Let’s take example of Late 2000’s financial crisis also known as Global Financial Crisis. The financial crisis was triggered by a complex interplay of valuation and liquidity problems in the United States banking system in 2008. The bursting of the U. S. housing bubble, which peaked in 2007, caused the values of securities tied to U. S. real estate pricing to plummet, damaging financial institutions globally. Questions regarding bank solvency, declines in credit availability and damaged investor confidence had an impact on global stock markets, where securities suffered large losses during 2008 and early 2009. Many causes for the financial crisis have been suggested, with varying weight assigned by experts. The United States Senate issued the Levin–Coburn Report, which found â€Å"that the crisis was not a natural disaster, but the result of high risk, complex financial products; undisclosed conflicts of interest; and the failure of regulators, the credit rating agencies, and the market itself to rein in the excesses of Wall Street. Causes of Financial Crisis Macroeconomic conditions: Low interest rates made bank lending more profitable, while trade deficits resulted in large capital inflows to the U. S. Both made funds for borrowing plentiful and relatively inexpensive. The U. S. housing bubble: The falling prices of houses and low interest rates to finance or refinance the house s were easily available. As such home loans were very easily available. But when time came to pay back the loan many defaulted which led to bursting of housing bubble and its impact led to financial crisis. Relaxation in rules led to large banks to increase their financial leverage and expansion of issuance of mortgage backed securities. Inaccurate credit ratings: Credit ratings were awarded inaccurately which led to an inflated balloon and when it busted it led to financial crisis. Technological factors: The cause of the crisis can be seen also in principles of technological development and in long economic waves based on technological revolutions. Crisis and stagnation were a result of the end of the long economic cycle originally initiated by the Information and telecommunications technological revolution in 1985-2000. The market had been already saturated by new â€Å"technical wonders† (e. g. everybody has his own mobile phone) and – what is more important – in the developed countries the economy reached limits of productivity in conditions of existing technologies. Boom and collapse of the shadow banking system (SBS): The shadow banking system is the collection of financial entities, infrastructure and practices which support financial transactions that occur beyond the reach of existing state sanctioned monitoring and regulation. The core activities of investment banks are subject to regulation and monitoring by central banks and other government institutions – but it has been common practice for investment banks to conduct many of their transactions in ways that don’t show up on their conventional balance sheet accounting and so are not visible to regulators or unsophisticated investors. The shadow banking system saw a boom but once investors started losing interest and no more wanted their funds to be used in SBS and changes in business policies led to its collapse which ultimately led to financial crisis. How to cite Financial Crisis Is a Man Made Catastrophe, Papers

Tuesday, May 5, 2020

Intermediate Managerial Accounting free essay sample

Students are expected to read the assigned chapters, class notes, and other assigned materials before coming to class and are expected to discuss the assigned chapters and other related materials during lectures. Course Objectives : The role of the management accountant in today’s business organization is to provide quantitative and qualitative information to support management’s decision-making function. This course is intended to bridge the transition between the computation of data and the use of the data for strategic purposes. The course will also introduce the use of case analysis and the application of critical thinking to managerial accounting information. http://beedie. sfu. ca/courses/bus322 ID: your SFU ID Password: your SFU password Course email: [emailprotected] ca Course website : Grading : Grading scheme : A weighted mark of the following elements Case analysis (one written report – group) Case presentation (one presentation – group) Class participation (during case presentation individual) Assignments (individual) Midterm exam (individual) Final exam (comprehensive – individual) Total Relative performance measurement