Sunday, January 19, 2020

Lydia Marie Child Essay -- Research Papers

Lydia Marie Child Lydia Marie Child was born on February 11, 1802 and died on October 20, 1880. During her life she wrote in many forms and on various topics, but Lydia was more than just a writer. She wrote short stories, biographies, science fiction, serialized fiction, children’s literature, historical novels and antislavery literature (Karcher 6). She was also a journalist and a feminist, and wrote about the American Revolution and Native Americans. She helped Harriot Jacobson escape slavery, encouraged reform and was an abolitionist. But, before she could help others, Lydia had to fight for her own right to advance and succeed. Lydia was born in Medford, Massachusetts, as the sixth and youngest child of Convers and Susannah Francis. Susannah died when Lydia was twelve, and she was sent to live with a married sister until the age of nineteen. Although Mr. Francis encouraged the intellectual advancement of his sons, he discouraged his daughter, Lydia, from her fondness for books (Myerson 5). Lydia continued to read and learn, without her father’s encouragement or help, an...

Saturday, January 11, 2020

Effects of Values on Economics Essay

Values can be described as beliefs that people deeply hold to. They guide the decisions and behaviors of these people. They are â€Å"located† deeply within the subconscious and are integrated into every area of everyday living. People use values to choose their behaviors, employments, friends, entertainment and sports among others. Values are assimilated to people especially when they are still young. They range from teachers, parents, coaches and clergy to even peers. Values assimilated during the early years of a person’s life operate subconsciously as a basis for making decisions, choices and behaviors (Lopper, 2007). On the other hand, economics can be defined as a social science that deals with production, distribution and the consumption of services and goods and their management (Princeton, 2006). This research paper is aimed at examining the role of values on economics. Religion and Economics Many have for a long time regarded religion and economics as separate as cheese and chalk despite the fact that Adam Smith in his 1776 book The Wealth of Nations touched on religion (Weber, 2004). Many economics regard religion as a dark world which is unreachable through their analytical tools. It should be noted that religion is such a wide field that economics cannot ignore and as years erupts the gap between the two fields have gradually been reduced. This was initiated by an economist from the University of Chicago, Gary Becker who has already won a Nobel price for his efforts to applying economics in studying drugs, family interactions and crime (Weber, 2004). Though economics treat some theological questions such as the nature of God as if they were lepers, they have of late studied the earthly subjects of how people â€Å"sell† and â€Å"buy† services and goods, whether spiritual or material, that is provided by the religion. More study and research on religion have been undertaken after the attack of the United States on September eleven by the militant Islamic groups. Economics professor, Laurent Lannaccone from George Mason University in his statement agreed that for a long time the economists had ignored religion because of the belief that it would be overtaken by the ever-growing secularization; later however, many have realized that religion is also a powerful force in the modern society (Weber, 2004). Of late, another concept â€Å"the economics of religion† has been framed that is founded on the belief that human beings are rational in choices about their religion in the same way they are in economics, for example buying a good. â€Å"Producers† of mosques, temples, synagogues and churches compete for members (who are in this case their customers) and this they do by drawing those who are secular or members of other congregations (Weber, 2004). Effects of religion on the economy Religious rituals and beliefs have distinct effects on the performance of an economy. Preliminary results from researches conducted have shown that that there are negative effects resulting from participating in religious rituals but those on religious beliefs have shown positive effects (Bowman, 2004). It has been argued that religion has both positive and negative effects on the economy. Some have argued that religion can bring material advantages with Max Weber arguing that the work ethics by the Protestants was the cause of the prosperity in Europe. Recently, a professor at Harvard, Robert Barro is working towards examining the links between economic growth and religion (Bowman, 2004). In his studies, he concludes that at the microeconomic level, religious participation has been associated with lowered rates of drug abuse, crime and other vices. Another economist from Harvard, Richard Freeman concluded in his studies that those black youths who go to church were likely to abstain from committing crimes and using drugs as well as having a higher tendency of attending schools (Bowman, 2004). However, in economic terms and richness, no quantitative research has proved that religion has any direct effect on the income and if any by what level. This has been hindered by the difficulty present in dividing the cause and the effect. Even if the church goers may be reported as richer, there may not be any tangible proof that it is the religion that made them richer because it is possible that it is the richer people who may be likely to go to church or become generally religious. Unrelated traits for example personal discipline or greater ambition may be the reason of one succeeding in his or her job and at the same time attend to their religious duties (Bowman, 2004). Mr. Gluber, states that one possible cause of religious people being rich is that as they attend either mosque, church or synagogue gatherings, this can yield â€Å"social capital† which is just web of relations that fosters trust. These relations are important as they allow business dealings and transactions between such people to become smoother and cheaper respectively. The other possible reason that is given is that those who are religious have better emotional and financial insurance. This is important because when they fall into an economic setback, they are able to recover more quickly because of the support from their fellow worshippers (Bowman, 2004). Mr. Gruber’s results also claim that religious people especially the church goers may become richer as attendance to places of worship may also lead to lesser chances of dropping from schools. Also religious groups have been known to support the education of their members by offering bursaries either directly to the students or to the schools that they manage (Bowman, 2004). Also, many religious groups have been known to motivate their members to work hard towards their success and this may be a contributing factor to their wealth increase. Religion also teaches on supernatural intervention in the members’ endeavors and this allows them to be focused on success than failure (Bowman, 2004). Negative relationship between religiosity and economics growth There are general negative effects in the relationship between religiosity and economic growth. One such is the fact that religious groups, especially Christianity, preach giving which is regarded as a factor that undermines investment which is a setback to economic growth. Another setback of religiosity to the economic growth is that it is accused of undermining the work ethics using its own teachings as a cover up. Many members of religious groups have been known to remain idle or being lazy and instead substitute work with their religious duties. It is also reported that many religious groups teach doctrines that oppose modern attitudes such as contraception technologies and market’s egalitarian repression (Bowman, 2004). On the other hand, economic development has got negative effects on religion with the studies showing that overall development (represented by per capita GDP reduces religiosity. The secularization thesis has shown that people tend to become less religious when income increases. They loose interest of attending religious meeting places and portraying their religious beliefs. Economic growth makes religion to be less considered in policy making, political process, and legal process and also in social programs such as friendships, marriages and colleagues (McClearly, 2008). Though Max Weber’s thesis â€Å"The Protestant Ethic and the Spirit of Capitalism† indicate that religion raise productivity for they mold individual characters such as work ethic, thrift and honesty, it also shows that it religious beliefs have a negative effects on economic development as increased attendance to their places of worship take more of their resources and time . The religious sector is also known to place restrictions on markets for insurance and credit (McCleary, 2008). The other negative effect of religion on economics is that it produces religious terrorism that has been as a result of income inequality and poverty. In contrast, research conducted by Alan Krueger shows that religious terrorists in most cases are well educated and not from poor background. Many religious terrorists view violence not a means but as an end to economic and political ends. They feel that they are destroying a system that they are not identified with (McCleary, 2008). Marx idea on religion According to Karl Max, religion is an expression of economic justice and material realities, meaning that problems in any given religion are also the problems in the society. Max referred to religion as a symptom and not a disease (Cline, 2009). He also claimed that religion has been used by the oppressors to encourage those who are exploited and poor. He stated that religion speaks contrary to what â€Å"is dignified in a human being by rendering them servile and more amenable to accepting the status quo†(Cline, 2009). He argued that religion is dependent on economics meaning that the actual doctrines of religion are irrelevant. Also religion is an illusion giving excuses and reasons so that it can keep the society to function as it is. â€Å"Much as capitalism takes our productive labor and alienates us from its value, religion takes our highest ideals and aspirations and alienates us from them, projecting them onto an alien and unknowable being called a god†(Cline, 2009). India- Caste system due to Hinduism Caste system is a religious ranking system in India of human groups that is based on occupation and hereditary factors. This system is very complex and has been known to have several setbacks. The members of these groups are restricted to their hereditary occupations. The Indian society is divided into four groups; Brahmas are from priestly families, the warrior and ruling class, Vaishyas are businessmen, farmers and traders. The laborers and peasants are the shudras while panchamas were the untouchable. The negative effects of the caste system are that some members of the community are discriminated based on their groups. However, due to higher education, globalization, economic growths and mingling with people from other communities, the India’s population is slowly deviating from the caste system. Even the government of India has decided to reserve some jobs for the members of the lower castes (FactsaboutIndia, 2008). Islamic Countries and Shariah Laws In the Islamic nations governed by the sharia laws, no interest is allowed to be charged on any loan that is given as it goes against the Koranic law against usury. In some countries such as Afghanistan, women are never allowed to wear high heel shoes as well as white socks, as the sharia considers them sexually luring. In the same nation, music is never allowed that includes cassettes in vehicles. Many forms of entertainments such as watching movies or plays are never allowed with women being prevented from occupying some professionals and occupations which, causes some to flee the country or commit suicide (Aluko, 1999). Men who do not have beard up to certain lengths are never allowed to have some jobs or allocated some contracts; this means that women do not benefit from any government contracts in Afghanistan. In such countries, Shariah views Islam as a philosophy of life, social order, a system of economic principle and a ruling order which all the Muslims must adhere to (Aluko, 1999). The ethics of Islamic economics rejects excessive concern for the accumulation of profits but more with acquisition of goods fulfilling social obligations to the society. The other characteristics of Shariah laws include tax discrimination on non Muslims so that they can be encouraged to become Muslims. On inheritance, the Koran states that brothers must get double of what their daughters get (Aluko, 1999). United States- Effects of Christian values In US, it has been noted that people have more consumer choice in exercising their religions than any other part of the economy. Churches function independently as contractors in the religious free market of the United States. In USA, Evangelical Protestantism is known for entrepreneurial development in the church structure in contrast to the Roman Catholic Church that follows the ecclesiastic polity (Sparks, 2007). The evangelical churches have their congregations or appointed boards have the final say on any matter such as the church budget. In some mega churches however, the pastor is seen as the Chief executive officer exercising high level authority. The churches in the United States are known to offer not only spiritual nourishment to their members, but also other products such as music and video tapes as well as books (Sparks, 2007). Sale of alcoholic products on Sundays has not been allowed in many cities of the United States as Sunday has been regarded as the day of worship for the Christians (Andre, 2009). Abortion Effects of Rights on Economics Freedom has been termed as the engine that pushes economic growth that is sustainable and allows all people to have increased prosperity. Economic freedom is basically ensuring that human rights are respected (Kim, 2007). Equality- Women Rights Promoting gender equality has been understood as an important part in an effective economic and human development strategy. Gender equality in education has positively been associated with economic development. Research previously done has shown that any nation that does not work towards the closing of gender gap in education will experience a fall in per capita income (Chen, 2004). In addition the report by the Arab human development team showed that lack of women empowerment has contributed to less human development in the Arabic regions. If women are enabled to acquire education for example through distant learning, it will allow them to participate in labour market while at their homes and this would in turn result in improving gender equality. It has been shown that nations in the sub Saharan Africa, South Asia, North Africa and Middle East has a greater gender disparity especially in education and if they could only close this gap, their per capita GDP can grow significantly per year (Chen, 2004). The reasons that are raised to prove these arguments are that educated women are often added to the labour market and this improves the economy of the country. The other reason is that educated women will improve the intellectual environment at home that in turn leads to a productive workforce thus economic growth (Chen, 2004). The proponents of slavery stated that they relied on servitude so that they can facilitate their need for labour. The labor population was decreasing and thus they believed that African slaves were efficient to fulfill their needs for laborers. When tobacco was discovered in 1600’s and became the main source of income for the colonialists, it called for more land and thus more laborers. Slave trade brought a great fortune to the colonialists; unfortunately, the profits obtained were used to get more slaves (Dodson, 2003) Spanish colonies- encomienda and repartamiento The encomienda was a labour system employed by the crown of Spain during its colonization in America. Some trustees and soldiers were allocated a specific number of natives whom they were supposed to teach Spanish and Catholic faith and in return receive tribute from the natives in form of labour or gold. This allowed the encomendero to take even the land that belonged to the natives (Answers Corporation, 2009). On the other hand, repartimiento was a system applied by Spanish colonialists on native population of America where the later was forced to perform some tasks for the former for a period of time in the year without any pay or for a low pay. This system led many natives to flee from their communities while other accepted to work and even signed contracts for the period that they were to work (Answers Corporation, 2009). A property right is the authority that allows one to determine how a resource should be used. All economic goods are protected by the property rights. Property rights have been confirmed to play a major role in the promotion of both political and economic development. Intellectual rights are mechanisms that facilitate innovation by giving the inventors monopoly of their discovery (Robin). CONCLUSION From the discussing, it is clear that different values have different effects on the economics. These values include the religious values which have been discussed with examples of the Shariah law, the caste system of India and Christianity in the United States of America. Other values discussed include those related to human rights such as women rights, slavery and property rights.It is vivid that different values have either positive or negative effects on economics or even both. REFERENCES Andre. (2009). Sunday alcohol sales; Fear versus the facts. Retrieved March 25, 2009, from http://www. peachpundit. com/2009/02/25/sunday-alcohol-sales-fear-versus-the-facts/ Aluko, S. A. (1999). The social and economic implications of Shariah law. Retrieved March 25, 2009, from http://www. dawodu. com/aluko1. htm Answers Corporation. (2009). Encomienda system. Retrieved March 25, 2009, from http://www. answers. com/topic/encomienda-system

Friday, January 3, 2020

Influence That Endures Ever More Edgar Allan Poe - 908 Words

Influence That Endures Ever More: Edgar Allan Poe Edgar Allan Poe once said, â€Å"Words have no power to impress the mind without the exquisite horror of their reality.† Edgar Allan Poe was one of the most influential people in literary history and his words had the great power to impress the mind. More than 150 years after the death of Edgar Allan Poe, his writings are still influencing and inspiring writers today. Edgar Allan Poe was one of the a greatest literary influences of the 19th century and of today because of the way he changed the literary style of his time, he created a new genre of literature of both the horror and detective story, and he became the founder of the modern short story. Edgar Allan Poe was able to change the way†¦show more content†¦This was considered to be the birth of the detective horror story (Hockensmith).In his writings, Poe, is able to leave with the reader feelings of immense suspense. He is able to leave tingling shivers of horror and mystery that leave lasting impressions on th e brain in just small descriptive stories. Finally, Edgar Allan Poe can be regarded as the architect of the modern short story (â€Å"Edgar Allan Poe 1809–1849†). His works such as The Black Cat, the Murders in the Rue Morgue, the Tell-Tale Heart, the Pit and the Pendulum, and many others leave behind an enduring image of macabre and mystery in just a short read. In these tales, Poe doesn’t just tell the reader a scary story, he lets them live it. With a fluid tongue, Poe paints before the reader scenes of terrors that leave the reader hanging on the edge of their seats in built up suspense. In some of his stories he puts the reader in the role of the executioner or even in the victim’s role. For example in The Tell-Tale Heart, The narrator is trying to prove his sanity to himself just after he had murdered his aged roommate. In this story the narrator is driven murderous by the elderly man’s lustrous eye, as one goes through the tale the reader li ves through the act of the horrific dismembering and even feels the pressure the narrator does as he reveals his crime to the police. â€Å"I talked more and with aShow MoreRelatedEdgar Allan Poe s The Light Romantics 1798 Words   |  8 Pagesgothics illuminate many of the events that have occurred throughout their lives. Known for his dark works in which most scholars believe be a reflection of the miserable and unfortunate events in their life. Edgar Allan Poe became known as one of the most popular known gothic writers. Poe writings reflected the every essence and qualities of gothic literature in his works, especially in his notable short story The Fall of the House of Usher, in which demonstrates the features of romantic gothicismRead More Poe’s Life†¦ At the Tip of a Pen Essay2201 Words   |  9 Pagesliterature, painting a picture with the stroke of words. The natural inspiration that influences the creation of these works is derived from the life and the ex periences of the creator. For some, these tales become stories and those stories become novels, but for one man it meant so much more. The works of Edgar Allan Poe became his life; he expressed every feeling and every moment of his existence through ink and paper. Poe involved his entire life in his writing, leaving no element of the story untouchedRead MoreThe Conception Of Dreams Is Interesting Because It Helps Us Subconscious1972 Words   |  8 PagesDreams can occur at anytime of the day. Some people day-dream at school or work while others dream at night. Even if you did not dream last night, you probably have earlier in life or even before reading this sentence. Have you ever had a dream you forgot to print out a worksheet and got in trouble for it at school? Then, you wake up with your heart racing and print out the worksheets before you forget. How are dreams created during sleep? During rapid eye movement (REM) sleep, the brain gathersRead MoreRise of the English Novel513 2 Words   |  21 Pagesnovel rejected the norms of the literary past and began to exhibit the originality that was coming to be valued in English culture. The new characteristics of the novel separated it from anything that had ever been done before. During the Renaissance, there had been a growing tendency to place more emphasis on individual experience rather than collective tradition. Writers like Milton, Chaucer, Spenser, and even the legendary Greek and Roman poets had derived most of their plots from mythology, historyRead MoreColombian Folklore5889 Words   |  24 Pagestraditions  in  Colombia. 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Hearth Former Director NASA Langley Research Center 111 ... Contents Foreword . Read MoreImpact of Science on Society38421 Words   |  154 Pagesinvention to that of expected future scientific advances. The papers are edited transcripts of these speeches. Since the talks were generally given extemporaneously, the papers are necessarily informal and may, therefore, differ in style from the authors’ more formal works. As the included audience questions illustrate, the topic raises far-reaching issues and concerns serious aspects of our lives and future. Donald P. Hearth Former Director NASA Langley Research Center 111 ... Contents Foreword

Thursday, December 26, 2019

Counseling Theory And Methods Of A Counselor - 815 Words

Counseling Theory and Methods II- Case Study As a potential counselor, one must commit 700 hours of practicum/internship hours in order to complete the Counseling Psychology M.A program. During this internship process, a counselor will have to cultivate many case conceptualization to help their clients. By creating case conceptualizations, not only will it be the foundation for a treatment plan for the client, but it will encourage self-growth for the counselor as well. As each therapist has their own preference of conceptualizations, this specific case conceptualization will focus on the client’s identifying information, counselor’s choice of evidence-based practice, health symptoms and signs of psychopathology, interventions, level of attachment style, and the main role of the therapist. Identifying Information Carla Rivers is a 38 year old Caucasian, heterosexual, married, raped survivor female. Along with being married for 14 years, she is a mother of three children and is a practicing Christian. While she is a stay home mom, she is active in educational and religious commitments. It is noteworthy to indicate Carla does not have any hobbies nor have close social/friendships. Furthermore, Carla’s physical appearance seems well-groomed, ordinary and simple. For the most part Carla is physically healthy besides dealing with an intestinal disorder. From a mental health standpoint, the quality of Carla’s speech was within normal limits, attention and cognitive functioningShow MoreRelatedMental Health Counseling Essay example828 Words   |  4 PagesTheories play an important role in how a counselor serves their clients. Theories provide counselors with a foundation on which to build their counseling style. â€Å"Theories ground us as professional counselors. 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Ones theory should help them to simplifyRead MoreCounseling Assessment, Interventions And Results And Follow Up882 Words   |  4 PagesCounselors keep notes to document their counseling assessment, interventions and results and follow-up. Case notes are a memory aid used during a counseling session to record the conversation for consultation or to help facilitate referrals (Jacobs Schimmel, 2013). It’s effective documentation used by the counselors to counsel, protect confidentiality, implement standard of treatment, utilizing appropr iate interventions, describing the results of these interventions and documenting the dispositionRead MorePsychology, Theology, And Spirituality1658 Words   |  7 PagesTheology, and Spirituality in Christian Counseling, McMinn expands upon the theory of integrating psychology and theology by providing the reader with concrete methods to utilize in counseling. 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Finally, the importance of counseling program accreditation will be examined. Consultation Consultation in the counseling profession is when a counselor meets with one or more professionals to improve their performance with clients (Neukrug, 2016). The consultant has a direct impact on the consultees and an indirect impact on a third partyRead MoreWhat You Need To Know About School Counseling. Brett Smith.1707 Words   |  7 Pages What You Need to Know About School Counseling Brett Smith Limestone College Introduction to Counseling Ms. Deal February 19, 2017 Abstract This paper explores the main characteristics of the school counseling career. To understand school counseling its history must be visited when it began in the 1800’s. This paper goes through the steps of licensure, education requirements, and typical therapy techniques adopted by today’s school counselors. To fully understand how to be the best atRead MorePersonal Experience Receiving Therapeutic Counseling889 Words   |  4 Pagesas well as personal experience receiving therapeutic counseling have given me a broad-based set of beliefs about what motivates individuals. I have determined that each individual comes with a unique context and narrative and that my role is to facilitate a client’s self-determination and decision-making by developing a positive relationship that allows the client freedom to take risks or make informed choices. Also I believe that the counselor creates the trusting relationship where poor choices

Tuesday, December 17, 2019

Independence and the Development of the American Identity...

During the 1800s, we find the theme of independence, or freedom from outside constraints, in the development of two different frontiers. We find it in the American West through Manifest Destiny, freedom from caste, and in the chance that homesteaders had to acquire virtually free land. We find independence in math through in the building of stronger theoretical foundations, non-Euclidean geometries, and Cantors infinities. Independence involves breaking from the commonly accepted, traditional views in order to explore the new. It is not necessarily individual people working alone. We can see independence in a community of thought as well as in the work of a single person. Independence is an important part of the Western culture as†¦show more content†¦In the 1880s, Hulda Rocell and her daughter Mary emigrated from Sweden to the United States. Abe Lincoln had just been shot. Mr. Rocell had to stay in Sweden because of his tuberculosis. Nevertheless, Mr. Rocell said, Go to the United States. It is strong enough that Lincolns assassination will not plummet the nation into chaos. Although he did not place this optimism under the title of Manifest Destiny, the idea that the United States is strong, and will continue despite opposition, is a part of this concept. Hulda married, and her family settled in a sod house in northern Minnesota. Her husband showed independence and determination for the family to survive by planting fruit trees on the farm. It was highly unusual to attempt to plant fruit trees that far north. The familys independent spirit, and courage was a vital part of surviving in the harsh conditions they encountered. In 1881, there was a terrible blizzard. The snow was so high that it covered the fence posts. Father tied a rope around his waist and the porch post to tend the animals in a nearby shed, so that he would not get lost in the blizzard. However, many neighbors froze to death right outside their own front doors. During the storm, the wind blew the door of the sod house open. The younger children got in the trundle bed to keep warm, while the parents and older children shoveled snow out of the house for the rest of the day, so that they could shut the

Monday, December 9, 2019

Ginnys Restaurant free essay sample

|Financial Management | |Ginny’s Restaurant | |Case study answers | | | | | | | | | | | Question 1 a. Virginia’s current wealth = Virginia’s cash flow today + Present value of Virginia’s cash flow in 1 year Virginia’s current wealth = $2million + $2. 83 million = $4. 83 million b. Assuming, Virginia has no other source of incoming cash flow; her current liquidity is $2 million. She can spend and consume $2 million today. c. Money Virginia can spend and consume one year from now if she consumes nothing today = Future value of $2 million in one year + Cash flow received in one year’s time Therefore, Money Virginia can spend and consume in one year from now: = $2. 8 million + $3 million = $5. 12 million Question 2 a. Assuming, whatever money is not invested in Ginny’s restaurant is invested in the bank. |Investment |Investment (Bank) |Future cash flow from |Future value of |Total Future value of the| |(Restaurant) | |investment (after 1 year) |investment in Bank |entir e investment | |$1,000,000. 00 |$3,000,000. 00 | $1,800,000. 00 | $3,180,000. 00 | $4,980,000. 00 | |$2,000,000. 00 |$2,000,000. 00 | $3,300,000. 0 | $2,120,000. 00 | $5,420,000. 00 | |$3,000,000. 00 |$1,000,000. 00 | $4,400,000. 00 | $1,060,000. 00 | $5,460,000. 00 | |$4,000,000. 00 | $0 | $5,400,000. 00 | $0 | $5,400,000. 00 | b. Virginia’s Ginny’s current wealth is million. After the investment of $3 million in the restaurant, Virginia’s wealth increases by $1,150,943. 40. This means her wealth is $4,150,943. 40 in present value terms and $5,460,000 in future value terms. Question 3 Assuming, that if Virginia goes ahead with her investment in Ginny’s restaurant and also wishes to consume $3. 8 million the only source of extra cash is the bank. The bank is willing to loan money at an interest rate of 6% per year. |Money Virginia consume now | $ 3,800,000. 00 | |Cash flow today | $ 4,000,000. 00 | |Money remaining after consumption | $ 200,000. 00 | Investment (Restaurant) |Extra money required after|Payment to the bank in 1 year|Future cash flow from |Net wealth after bank | | |consumption (Bank loan) | |investment (after 1 year) |loan payments (after 1 | | | |(6% interest) | |year) | | $1,000,000. 00 | $800,000. 00 | $848,000. 00 | $1,800,000. 00 | $952,000. 00 | | $2,000,000. 00 | $1,800,000. 0 |$1,908,000. 00 | $3,300,000. 00 | $1,392,000. 00 | | $3,000,000. 00 | $2,800,000. 00 | $2,968,000. 00 | $4,400,000. 00 | $1,432,000. 00 | | $4,000,000. 00 | $3,800,000. 00 | $4,028,000. 00 | $5,400,000. 00 | $1,372,000. 00 | Based on the above calculations, if Virginia goes ahead with any of the investment choices she will have a positive net wealth in 1 year time. Hence, she can consume $3. 8 million now. Question 4 Assuming, the bank loan is compounded annually and payment is made at the end of the year. |Bank loan |Payment to bank in 1 year (6% |Future cash flow from |Net wealth after bank loan | | |interest) |investment |payments) | |$1,000,000 |$1,060,000. 00 |$1,800,000 |$740,000. 00 | |$2,000,000 |$2,120,000. 00 |$3,300,000 |$1,180,000. 0 | |$3,000,000 |$3,180,000. 00 |$4,400,000 |$1,220,000. 00 | |$4,000,000 |$4,240,000. 00 |$5,400,000 |$1,160,000. 00 | Virginia should make an investment of $3 million in Ginny’s restaurant. This investment will generated the largest value of net wealth in 1 yea r time. Question 5 Assumption: An investment on a portion or whole of $4 million has to be made. Spenders have a higher preference for current consumption. They would want more money in present value terms to be able to spend. Savers have a higher preference to save for the future. They would want more money in future value terms. Based on the above, the investment of $3 million in the restaurant has the highest payoff in present value terms and future value terms. There is a higher probability of spenders and savers agreeing to an investment of $3 million. If there is a investment made for $3million out of four in Ginis restraunt, one million will be left for distribution as dividents to the shareholders. The net presnet value of the three million invested is nearly $1. 4 million. Therefore in terms of savers this will be a good deal because they would be able to save nealy as much as consumers will consume in todays dollars. This will be a perfect tradeoff between the two parties. An investment of $3 million in the restaurant leaves $1 million for distribution as dividends to shareholders. This works for spenders as they get a part of $1 million to spend/consume today. The Net Present Value (NPV) of the investment of $3 million in the restaurant is $1. 4 million. This is the best possible investment option out of the four options provided. This works for Savers as they have more money saved.

Monday, December 2, 2019

Springboard Level 5 Unit 2 Embedded Assessment 1 Essay Example

Springboard Level 5 Unit 2 Embedded Assessment 1 Essay In Bend it Like Beckham, the main character, Jess is faced with many cultures. These cultures pull her mind in two opposite directions. One by pleasing her mom and becoming a Punjabi women and the other being a good soccer player. The movie follows her internal and external conflicts, where she struggles to make a decision regarding her life. Jess struggles between these two conflicts and is very emotional through the whole movie. Additionally, one of the main conflicts that Jess faces is her goals and aspirations versus her family’s expectations. Jess love of her life is soccer, she does anything to play, and once she is given the chance to play competitively she comes to see her true skills. Jess realizes that she has the talent to be a professional football player, and wants to do everything she can to secure this chance. The other side of this conflict is that of her family’s expectations. Due to their cultural background, they oppose Jess’ desire to play football. In Punjabi culture, women are confined to their home the majority of their time. They learn to cook and manage the household. We will write a custom essay sample on Springboard Level 5 Unit 2 Embedded Assessment 1 specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Springboard Level 5 Unit 2 Embedded Assessment 1 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Springboard Level 5 Unit 2 Embedded Assessment 1 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Once a woman comes of age, her only duty is to find a suitable husband. Her parents share all these ideals and enforce strict control over their daughter so that she does not play soccer. While the parents reasoning may seem strange to outsiders, these gender roles are clearly identified in Punjabi culture. Jess feels torn because she doesn’t like lying to her family and rebelling against their decisions, but she also doesn’t want to miss out on the chance of a lifetime with her exquisite soccer skill set. Last of all, Jess is able to resolve the conflict with her family after attempting many different resolutions. After presenting logical arguments to her parents, they still don’t budge. Her gay friend is willing to pretend to marry her so that she can go to a university in the United States to play football. Jess, disapproves of lying to her parents again, and lets the truth spill to her mother. She explains her talent, that she was being scouted, and that she truly desires to play football. Her mother still disapproves and only reluctantly agrees after a persuasive argument from her husband. They come to see that having their daughter happy is more important to them rather than forcing her to live in a culture she is not happy in. The conflict is finally resolved when she receives her parent’s blessings to go to America and pursue her dreams. All in all, Bend It like Beckham is a perfect example of a child’s expectations versus family and cultural expectations. Jess plays the role of the rebellious girl pursuing her goals, and her family plays the role of strict and old culturally sound ways. Their conflict is resolved and both sides learn from the struggle and accept each other’s thoughts and ideas.