Monday, December 30, 2019
Movie Rental Services - 1207 Words
Which movie rental service was best? Everyone loves movies, and the best way to see every film is of renting. There was an age where people used brick and mortar stores to see the latest available movies. Currently, there are more choices open for film lovers of all ages. The World Wide Web has improved things drastically, and many physical rental stores have faded out of existence. Ultimately, this brings about where Netflix , Red Box, and Blockbuster comes into place considering the progression of film service. Blockbuster is a great example of a brick and mortar store, which opened in Dallas in the year 1985. Blockbuster has been providing the service of renting physical media off of its shelves for quite some time. At its peak Blockbuster was massive, but because the company constantly changes its price structures and late fee agreements, it has made renting films a costly and frustrating outlook. Red Box, on the other hand, has machines in many locations nationwide, allowing one to rent movies for only a dollar a night. Most of these machines are usually located in Wal-Mart, McDonalds, 7-11ââ¬â¢s, and grocery stores. There are some drawbacks for this company, which include the limited product selection they have for their customers, and the extensive wait time to use the machines. Red Box customers are also subjected to the 28-day waiting period on some new released films. The future of Red Box is looking worthy of note, as video games are being presented in test marketsShow MoreRelatedNetflix Is The Worlds Largest Online Dvd Movie Rental Service1396 Words à |à 6 Pagesthey focus on value, convenience and selectionâ⬠(Choudhary, 2010). Netflix subscribers who pay $19.95 for unlimited rent are more than one million. These subscribers must rent 3 DVD at one time. Netflix is the world s largest online DVD movie rental service offering more than 26,000,000 members access to more than 100,000 titles. Netflix main strategy was to do better than the video shops that carried DVDs, and renting them as first come first serve. Netflix decided to ship the disc to customersRead MoreNetflix vs. Redbox1055 Words à |à 5 Pagesprovides a subscription-style e-commerce service. Customers only need to sign up and pay $13.95-39.95 a month to borrow as many as 2-9 movies at a time with no monthly limit. If customers quickly watch the DVD and send them back, the monthly fee pays for quite a few movies. The relatively low monthly fee enables Netflix to compete with Blockbuster and other brick-and-mortar video rental business. Meanwhile, Netflix might keep the customers who try the service and happy with it continue paying the monthlyRead MoreNetflix : A Case Study By Sayan C.e. Carroll And David Spencer1519 Words à |à 7 Pages NETFLIX A summary of the case study by Sayan C.E. Carroll and David Spencer Introduction In late February 2005, Netflix, the pioneer of the video rental business, faced a threat when Wal-Mart and Blockbuster attempted to copy their business model by launching their own online DVD rental service. The Netflix business model provided an online library of DVD titles that could be selected and rented by monthly subscribers. Once ordered, the DVDs were physically delivered at no additional cost andRead MoreNetflix SWOT Essay1331 Words à |à 6 PagesCan you name the largest online entertainment subscription service? If you said ââ¬Å"Netflixâ⬠then you are correct. Netflix started in 1997 by Reed Hastings and the subscription service started in 1999. The company headquarters is based out of San Francisco, California. There are over 100 shipping location in the United States. Netflix offers over 100,000 DVD titles and over 8,000 that are ready to be watched instantly on a subscribers PC. Netflix has over 1500 fulltime and 1100 part time employeesRead MoreNetflix Case Study Essay1334 Words à |à 6 PagesNetflix Case Study The video rental industry began with brick and mortar store that rented VSH tape. Enhanced internet commerce and the advent of the DVD provided a opportunity for a new avenue for securing movie rentals. In 1998 Netflix headquartered in Los Gatos California began operations as a regional online movie rental company. While the firm demonstrated that a market for online rentals existed, it was not financially successfully. Netflix lost over $11 million inRead MoreNetflix Case Study943 Words à |à 4 PagesSummary The movie rental industry is a living industry; there are constant changes with advances in technology, rights management, and the slow, but steady, move away from physical Media. Companies such as Netflix, Hulu, RedBox, and Blockbuster are being forced to look at new business models and try to keep up with these changes. Assignment Questions 1. How strong are the competitive forces in the movie rental marketplace? Do a ï ¬ ve-forces analysis to support your answer. Threat of New Competition:Read MoreSony And Panasonic : Video Rental Market1106 Words à |à 5 Pagesplayers increased, video rental stores began to proliferate across the United States. Rental stores innovated the home video market offering customers a less expensive alternative to consuming media, and in the beginning faced no technological or competitive threats in the marketplace. In 1985, David Cook opened the first Blockbuster store in Dallas, Texas. Blockbuster initially began as a competitor to smaller mom-and-pop video stores, offering a larger selection of movie titles customized to eachRead MoreBusiness980 Words à |à 4 PagesVideo rental industry Definition: Branch of the entertainment industry that engages in renting prerecorded video material for home and personal viewing Significance: After starting in 1979 with a single retail outlet in Los Angeles, the video rental industry boomed during the 1980ââ¬â¢s and became a fixture in consumersââ¬â¢ spending during the 1990ââ¬â¢s, grossing an average of $1 billion yearly. With the arrival of digital versatile discs (DVDs) and the Internet during the 1990ââ¬â¢s, the industry experiencedRead MoreThe Shocking Closing Of Blockbuster Video Stores1536 Words à |à 7 PagesBlockbuster Video was a dominant entity of home rental entertainment from the mid-1980s through the end of the 20th century. With thousands of video choices ranging from family to action, Blockbuster Video provided affordable movie entertainment for those who chose to stay in and avoid the hustle and bustle of movie going. At its peak in 2004, there were 9,000 video stores across the United States (Newman, 2009). Blockbuster also began to provide video game rentals when their stores opened, which made greatRead MoreNetflix : The Dev elopment Of Information Technology817 Words à |à 4 Pagescustomer service. This paper is going to discuss what IT Netflix has applied and analyze its influence. How Netflix use IT to develop a competitive advantage, and what should be improved in IT area in the future. Introduction Netflix is an online DVD rental company. It was founded in 1997 in California starting its business by subscription-based distribution through cooperation with USPS. Now with development of internet service and streaming technology, it provides more DVD rental business through
Sunday, December 22, 2019
Should Female Contruction Workers Earn the Same Wages as Male
Ever since women have been able to vote, there have been more rights for women everywhere in America. Somehow in construction working, women get lower paid than men. Should they be paid the same as men? The working area is the same, so why is it that women have lower payments because of their gender? This should be a new rule, for women have the same exact rights as men. Everyone is working the same, so why not? Finally, this can reduce women strikes. Working class women internalize their own oppression. These women learn the stereotypes that define their lives at an early age. Working class women strive to maintain the traditional feminine ideal while simultaneously struggling with the limitations of class. To a significant extent, theâ⬠¦show more contentâ⬠¦Of the recent discussions, much of this has been influenced or at least based around Freuds theory of psychoanalysis and the his account of sexual development that follows from it. In very simplistic terms his account places masculine Is the inequality between men and women a human universal In this essay I will look at whether the inequality between men and women is a human universal, or whether there are or have been societies in which women shared ... sexuality at its centre, making the penis the only recognised and valued sexual organ (Smart). Female sexuality is constructed as lack of or a void because her genitals offer us nothing to see (Irigaray), thereby her desire is framed as an urge to come to possess the valued organ, which is the penis. Freuds account of sexuality was initially dismissed by Kate Millett in 1969 as she argued his ideas were self-interested and just plain silly, however in Human Sexuality Explain the components of Human Sexuality. In your explanation include the definition of Gender we constructed in class. The components of Human Sexuality ... 1974, Juliet Mitchell brought Freud back into feminism (Smart). She argued that his references to the penis shouldnt be taken so literally, in attempt to split the symbolic phallus from the biological penis, the problem however remerged because men have both power and penises, so penis continued collapsing in the phallusShow MoreRelatedProject Managment Case Studies214937 Words à |à 860 Pagesauthorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 750-4470, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, e-mail: permcoordinator@wiley.com. Limit of LiabilityDisclaimer of Warranty: While the publisher and author
Friday, December 13, 2019
Julius Caesar Politically Correct or Politically Corrupt Free Essays
Julius Caesar: Politically Correct or Politically Corrupt? Morality: most commonly defined as a set of ideas developed in each individualââ¬â¢s head to decide whether something is wrong or right. On the smallest scale of moral code, being that of each individual, there are great variations. To someone who lives the life of a vegan, it is morally wrong to eat meat, dairy, or be involved with any products what-so-ever derived from an animal. We will write a custom essay sample on Julius Caesar: Politically Correct or Politically Corrupt? or any similar topic only for you Order Now On the other hand, to someone who does eat meat this is all perfectly okay. While this may not seem like a major moral conflict, it actually is because whether you agree or disagree with either of the two greatly affects your everyday life. If you take moral code to a larger scale, saying that of a whole society, there is a greater common trend of certain ideas. Under good morals: helping others, working hard, sharing, loyalty, and honesty. Under bad morals: stealing, lying, jealousy, hurting others, betrayal and revenge. Since moral ideals can differ from one person to the next, then logically they could change from each generation or time period to the next. So, how is the loss of morality within the political sphere of Julius Caesar to be judged? By todayââ¬â¢s morals, or by those of its time period? Since no writer of today could possibly know what exactly was going through Shakespeareââ¬â¢s head at the time he wrote this play, then no one could possibly fully understand what was considered moral within this play or not. Ultimately, one such writer would be forced to use morals that are based within modern times. Within the play, Julius Caesar, the goal of the major political figures was deemed honorable by some but not by others thus causing a greater focus on their corrupt reasoning and the loss of morality within the political sphere of this play. Jealousy: the mental instability brought upon oneself by resentment or fear of anotherââ¬â¢s good fortune leading to unfaithfulness. By this definition, jealousy would be considered morally wrong. Cassiusââ¬â¢s contribution to the loss of morality within the politics of this play is shown through his jealousy of Caesar. Cassius does not see Caesar as other people see him. Many others see Caesar as a great, strong, noble, and god-like leader. Cassius believes Caesar is no greater than him, much weaker, and far less noble and deserving of all the attention and respect that is given to him. Seeing Caesar as a man just like the other men of the senate, Cassius believes that more power and influence should be given to the others. He also believes that if Caesar were to become king, they would be stripped of what little power they do have. Cassiusââ¬â¢ jealousy of Caesarââ¬â¢s greater reputation is shown especially when he says this in reference to Caesar, ââ¬Å"Alas, it cried, ââ¬ËGive me some drink, Titinius,ââ¬â¢ as a sick girl. Ye gods! It doth amaze me a man of such a feeble temper should so get the start of the majestic world and bear the palm alone. â⬠(Shakespeare, I, ii, 127-130) Cassius also expresses jealousy and resentment towards Caesar when he states, ââ¬Å"Did I the tired Caesar- and this man is now become a god, and Cassius is a wretched creature, and must bend his body if Caesar carelessly but nod on him. (I, ii, 115-118) No political atmosphere can survive when there is such jealousy among its leaders. This morally corrupted mentality of ââ¬Ëcoveting thy neighborââ¬â¢ is what leads to Cassiusââ¬â¢ aid in planning and seeing through the plan of assassinating Julius Caesar. Disloyalty and betrayal: the violation of allegiance or trust. These are another couple characteristics that are deemed immoral. Through these traits, Brutus aids in the loss of morality within the politics of this play. Unlike Cassius though, Brutus actually loves Caesar. This fact is blatantly obvious when Cassius questions him and Brutus responds in reference to Caesar, ââ¬Å"I would not, Cassius; yet I love him well. â⬠(I, ii, 88) Despite this love for his friend, Brutus still agrees to join the other conspirators and assassinate Caesar. What makes this betrayal so much worse, in addition to the fact that Brutus allows himself to be persuaded by others, is that he knows just how very wrong it is and still goes through with the plan. Right up to the very end there was a great part of Brutus with which this plan did not sit well. His love for Caesar is still evident as he becomes a nervous wreck and very worrisome prior to the assassination. On the night before the ides of March, in response to his wife, Portia, Brutus says,â⬠You are my true and honourable wife, As dear to me as are the ruddy drops that visit my sad heart. â⬠(II, i, 288-291) Itââ¬â¢s obvious that Brutus can tell what he is doing is wrong, yet he still follows through. As justification to the people of Rome, Brutus states, ââ¬Å"If then that friend demand why Brutus rose against Caesar, this is my answer-not that I loved Caesar less, but that I loved Rome more. â⬠(III, ii, 17-19) Even though he gives a ââ¬Ëfor the greater goodââ¬â¢ explanation, this does not make his morals any less corrupt. If the politicians canââ¬â¢t count on each otherââ¬â¢s loyalty, then any and every sense of order within a government is going to fall apart. Revenge: to punish another for a wrong doing in a vindictive spirit. Yet another one of the more commonly deemed immoral personality traits. It was by this state of mind and his abuse of power that Marc Antony contributed the loss of morality within the political aspects of this play. Being a great admirer and friend of Caesar, Antony sought out revenge upon the conspirators after learning of the assassination. By making his eulogy more emotionally charged and getting the opportunity to speak after Brutus, Antony was able to uproot what his pier said and get the revenge he was seeking. Throughout his speech, Marc Antony described Caesarââ¬â¢s wounds in ways such as, ââ¬Å"Look, in this place ran Cassiusââ¬â¢ dagger through. See what a rent the envious Casca made. Through this the well-beloved Brutus stabbââ¬â¢d. â⬠(III, ii, 176-178) This inspired grief and anger within the Roman people that was then pointed directly at the conspirators. Until the end of the play, Antony is continuously seeking revenge and he does obtain the ultimate revenge when both of the conspirators, Brutus and Cassius, die. This strong desire for revenge is masked to look like justice for the assassination of a great leader, but is it really? In the end, there is no benefit. Yes, Caesarââ¬â¢s death has been avenged but all the great political minds that could have taken his place after his assassination have also been killed and the couple left have been even more corrupted after going through this whole ordeal. Now those who are in charge and not accustomed to such a position of power are morally corrupting the political sphere even more. For example, Marc Antony says, ââ¬Å"He shall not live. Look, with a spot I damn himâ⬠(IV, i, 7). This is pretty much seen as tyranny which is what was trying to be avoided from the beginning. The fixation on the corruption of these great men within the plot shows the tragedy of lost morality in the political sphere of this play, Julius Caesar. Each character beginning the story a better person that how they finish. Starting out as a respectable political leader and ending up an exiled trader who eventually dies. Beginning as one of the more beloved friends, only to become a despised enemy that ultimately kills himself. Built up into a strong government then having it crumble into pieces. The only way any one person or system could sue come to such a low level after being so high is by being morally and inwardly corrupt. How to cite Julius Caesar: Politically Correct or Politically Corrupt?, Papers
Thursday, December 5, 2019
CQ Implementing System
Question: Discuss about the CQ Implementing System. Answer: Introduction CQ is implementing a system for its medical center. This document illustrates how the system is model based on the case study provided and then a logical design of the system is derived from the ERD. All the relations in the logical design are in 3NF. Entity Relationship Diagram The following is the relationship diagram for the CQMC system. Business rules and assumptions For CQMC to be operational, the following business rules are followed. A customer visits a general medical practitioner and is referred to a CQMC specialist using a referral letter. The customer visits or calls CQMC to make an appointment. The customer does not need to have the referral letter from the general medical practitioner to make an appointment if they go to the center. When the patient makes an appointment, their details are captured in the system. These details include, the name, gender, age and address. After making an appointment a consultation is created and the patient is informed the date. If the patient has the referral letter, details are recorded. These details include the date of the referral, and details of general medical practitioner who are identified by their unique number. The patient visits CQMC on the day of his/her consultation and presents the referral letter from the general medical practitioner if he had not presented it during the day of making an appointment. The specialist attending to the patient gets detail of the consultation from the referral letter from where the specialist conducts procedures and tests on the patient. These tests and procedures have to be recorded. Based on the results the specialist may prescribe multiple prescriptions to the patient. The prescriptions are given after the specialist has checked the history of the patient for cases of allergic reactions to certain drugs. The prescribed medications are recorded in the system. After treatment, the patient makes payments. The patient pays a consultation fee of $120. The other payments are based on the services provided by the specialist. There is a standard price for every service as shown in the table below. Type Fees/Charges Biopsy $75 Excision $175 Laser $250 Other additional charges on the patient are for the medication if any were prescribed. The specialist may offer a discount to the patient. If a patient would like to know the qualifications of the specialist they can get the details from the system. From the case study a number of assumptions were formulated while creating the ERD. These assumptions are justified in the points below; A patient can only visit CQMC with a referral letter from a general medical practitioner. This is rule only applies during the consultation day patients can make appointments without a referral letter but for the to see a specialist they have to present their referral letter. The general medical practitioners who refer patients to CQMC are known and their details exist in the CQMC system thus to identify them a practitioner number is used. This is why a practitioner number is used to identify a referral letter from a patient during a consultation. Tests and procedures done on a patient are solely based on the referral letter presented by the patient. This is because the referral letter always acts as the guide to the specialist If the patient is visiting CQMC for the first time and no details of their history in the system, the specialist has to ask from the patient without referring to the system from where they can update the system. This is because the specialist cannot refer to the system for the patient history if the patient is on first time visit. The specialist decides who gets a discount during payment. This is to enable discounts to be attributed to a specific specialist based on the specialist ID. This will give CQMC accountability over issuance of discounts. Payment for the test and procedures is done based on the table shown above. There are no other prices for those services. The patient gets medication at CQMC for the diagnosis so payment is inclusive of the medication. This helps in totaling the total payment the patient owes CQMC. Justifications. For the business rules and assumptions to work in a real-world application all the rules must work as defined for the system to work correctly. For referrals, every customer must present a referral letter. This makes it easy to create consultations. For discounts, a specialist is responsible for the discounts they give. This ultimately makes everyone responsible on how they issue the discounts as they will be accountable. For the general medical practitioners, it makes much more sense for CQMC to have their details so that a referral letter can be identified based on the practitioners unique ID. All the rules are justified as they facilitate to a correct logical design of the system Logical design From the entity relationship diagram the following relations are gotten. Patient (patientID, name, age, gender, address, phone,email) Appointments (appointmentID, patientID, date, type) foreign key (patientID) references patient (patientID) generalPractioner (GPID, name, phone, address, postalCode) patientAllergyHistory (allergyID, patientID, allergyName) foreign key (patientID) references patient (patientID) patientSurgeryHistory (surgeryID, patientID, name, dateConducted) foreign key (patientID) references patient (patientID) patientHistoryMedications (medicationID, patientID, name, amount) foreign key (patientID) references patient (patientID) consultations (consultationID, patientID, referralID, date, specialistID) foreign key (patientID) references patient (patientID), foreign key (referralID) references referrals (referralID), foreign key (specialistID) references specialists (specialistID) referrals (referralID,GPID,date,patientID) foreign key (GPID) references generalPractioner (GPID), foreign key (patientID) references patient (patientID) specialist (specialistID, name, phone, age, address, postalCode, experienceYrs) patientTests (tID, testID, patientID, consultationID, specialistID) foreign key (testID) references tests (testID), foreign key (patientID) references patient (patientID), foreign key (consultationID) references consultations (consultationID), foreign key (specialistID) references specialist (specialistID) patientProcedures (pID, procedureID, patientID, consultationID, specialistID) foreign key (procedureID) references procedures (procedureID), foreign key (patientID) references patient (patientID), foreign key (consultationID) references consultations (consultationID), foreign key (specialistID) references specialist (specialistID) tests (testID, name) procedures (procedureID,name) payments (paymentID, consultationID, amount,type, date) foreign key (consultationID) references consultations (consultationID) discounts (discountID, amount, paymentID), foreign key (paymentID) references payments (paymentID) specialistQualifications (qID, details, specialistID) foreign key (specialistID) references specialist (specialistID) All the relations are in 3NF because theyre already in 2NF and all non-key attributes are dependent on the key attribute for every relation.
Thursday, November 28, 2019
Underwriting and Underpricing Essay Example
Underwriting and Underpricing Essay Underwriting spread represents the net proceeds that the underwriter will realize from the investment. It is the difference between the price per share that is paid to an issuing corporation by an underwriter or underwriting group, and the public offering price that the underwriter offers to the public. While traditionally the underwriting spread was viewed as compensation for underwriting the issue, it now has been introduced as an incentive fee where it act as bonus for investment bank when they performance better than expected.There has been evidence of clustering of spreads internationally, in the US spread is clustered at 7%( Chen+Ritter 2000), in Hong Kong 95% of fees are clustered at 2. 5%( torstia 2003) and in Europe fees range from 3-4%. In general, the more clustering presented in a country, the smaller the spread, vice versa. Furthermore, Esho et al (2004) analyzed the underwriting spread in Euro market found out that there is a positive and direct relationship between the fee charged by the investment banks and the reputation of the investment bank. (link to underpricing Underpricing refers to the first trading day closing price typically exceeds price at which the shares were offered to the public. Over 20 years, researchers investigated the underpricing puzzle associated with initial public offerings (IPOs). Ibboston1975, Ibbostson and Jaffe 1975 and Ritter 1984, among others, all document convincing evidence that initial public offerings are, on average underpriced. There are sufficient evidence of underpricing in UK (increase over time, from 3. 8% to 19%, Chambers and Dimson 2009), USA (40% between 1999-2003) and internationally(gt;15%).Visas offering in March 2008 is a good example of how IPOs are strategically underpriced. Although the IPO of Visa was an almost certain success, the price was kept at a low $44. As buyers ran in, the stock jumped to $69 and, although it fell back to $56. 40 by the close, there was a 28. 4% underpricing, thus lea ving a huge amount of the issuerââ¬â¢s money on the table. However, compared to the overpricing Facebook 2012 which made investors unhappy and damage the bankââ¬â¢s reputation, it can contribute to the reason why underwriters underprice the shares. Therefor it is clear that both underpricing and underwriting spread are costs for the issuer.Chen and Ritter (2000) explained the cost, by stating that underwriting spread was the direct compensation for IBs underwriting the issue and the level of underpricing was an indirect compensation. Smith (1986) also argued that the issuer seeks to maximize the issuer proceeds when it sells securities in an underwritten issue, and is not separately concerned about the underwriting spread or the offer price. Although underpricing and spread are both costs to issuers, issuers still consider the underwriting spread and underpricing together in an IPO based on the following reasons.The issuerââ¬â¢s objective is to minimize the underpricing and spread costs associated with its IPO of its common equity. More concerted effort by the underwriter or the choice of underwriters could reuce the underpricing costs associated with the offering. For instance, banks that specialize in underwriting firms from certain industries, or reputational investment banks may provide greater certification value for firmââ¬â¢s IPO and hence reduce its underwriting costs. In return, such banks could be expected to demand a higher spread as compensation.The spread could also be a function of the risk associated with the security and the size of the offering among other factors. If we consider the spread and underpricing from the underwriterââ¬â¢s view, according to the principal-agent theory, underwriter faces a trade off between the level of underpricing and the fee. This is because if they underprice they face less risk of not being able to sell the issue, but the fee can be dependent on the value of the issue. This shows there is a trade off between spread and underpricing.And the theory suggests the issuer should delegate the decision of deciding the fee and the level of underpricing to the underwriter so they can balance the costs. Because the issuers do not have enough information, do not actually decide. This view can be supported by early studies focus on asymmetric information, which is one of the reasons of underpricing. Baron (1982) argues that asymmetric information exists between underwriters(better informed) and the issuers(less informed), therefore, underwriters are able to price new issues below the market equilbrium to reduce the probability that they will absorb losses due to unsold shares.Another theory which is the efficient contract hypothesis, whereby banks do not compete on the fee/spread, this is fixed, but compete on other quality variables such as underpricing certification and reputation. This once again highlights there is a relationship between spread and underpricing, as if spread is fixed , underpricing is a means for competing against other underwriters. Evidence of this was found by Honsen (2001) where____ issues where spread was fixed at 7%, there was a higher variation of underpricing, suggesting underwriters were competing on underpricing as they were not on the spread charged.Both principal-agent theory and efficient contract hypothesis showed evidence that there is negative correlation between spread and underpricing. However, Kim et al. found out that there is strong evidence that over the long term, underpricing and underwriting spreads are positively related. In particular, low-quality issuers are charged both higher underwriting spread and initial returns as compared to high-quality issuers. This was specifically prominent in low quality issuers who were charged fee of 7. 3% and underpricing of 45. 21%, whilist high quality issuers were charged fees of 7. 39% and underpricing of 18. 92%. This suggests a complementary relationship between spread and underpr icing particularly for low quality issuers. However, Yeoman(2001) suggested net proceeds maximisation theory, whereby the spread and underpricing are substitutes and negatively related. The found evidence of this in his research of IPOs from 1988 to 1933, where there are trade offs that the underwriter must decide between.This was further supported by Ljungquist(2003) who also found a negative relationship between spread and underpricing and therefore as initial returns increased the spread decrease and vice versa. Therefore, there is mixed evidence on ____initial returns and underwriting spreads in IPOs are complements or substitutes, ___evidence found of both a positive and negative effect. However, it is clear that there is a strong relationship returns, that must be managed by both issuers and underwriters.
Monday, November 25, 2019
Institutional Accountability Dispersion of Power and Delegation of Responsibilities
Institutional Accountability Dispersion of Power and Delegation of Responsibilities Introduction Governance and accountability is a critical concept to the development of states. Accountability in governance is a vital practice. It encourages effectiveness in discharge of duties and equitable allocation of resources. Accountability in different institutions has a close link with the way power is distributed in organizations. The loci of power in institutions are useful parameters for assessing the level of accountability in the organizations.Advertising We will write a custom essay sample on Institutional Accountability: Dispersion of Power and Delegation of Responsibilities specifically for you for only $16.05 $11/page Learn More Decentralization of power is highly encouraged in most liberal democracies across the world. Decentralization of power is manifested in a number of managerial practices in institutions like the delegation of the organizationââ¬â¢s duties and responsibilities (Brinkerhoff et al. 2009). This paper looks into the aspects of centralization and decentralization of power in different institutions and how these two aspects of governance encourage accountability. In this paper, it is argued that institutionsââ¬â¢ accountability is better attained through dispersion of power and the delegation of the organizationââ¬â¢s responsibilities rather than through centralization of power and control. Accountable governance in liberal democracies Having mentioned liberal democracies, it is imperative to explain how the distribution of power encourages accountability in such nations. One vital characteristic of liberal democracies in the todays world is the high decentralization of power. Power and ability to make decisions in such countries do not lie in the hands of some individuals. Liberal states decisions are made through consultations between different arms of the government. This means that different arms of the government discuss, consult with each other and deliberate on the issues before the final decision is reached (Ezzamel et al. 2007). Decisions reached through consultation and deliberations are better weighed than those that are made unilaterally. Different bodies which deliberate on the issues and come up with certain suggestions are also involved in the implementation of such decisions (Brinkerhoff et al. 2009). Therefore, there is a low possibility of manipulating decisions in the middle phases of implementation. This encourages checks, ensuring that there is a balance in the implementation process. It is easy to detect anomalies in the implementation of the decisions because of the many observers monitoring the process.Advertising Looking for essay on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More Up to this point, it is imperative to say that liberal democracies encourage institutionsââ¬â¢ accountability. Powers are decentralized from the top governance, leaving institutions with no other optio n, but to implement such structures (Mulgan,2003). Having talked about liberal democracies, it is vital to mention autocratic governance. Autocratic governance is the least desired form government in the modern society. Autocracy means the centralization of power. A few individuals are vested with decision making power, leaving other people as mere enforcers of the decisions reached. Channels of deliberating on issues are closed making most people rubber-stamp these decisions. The quality of decisions is put in jeopardy. Therefore, the level of accountability is often low in regimes which do not embrace democracy (Trechsel,2010). Governance and accountability in decentralized institutions Research shows that most people in the world are against the centralized system of governance. There are several reasons for the resentment. One of the strongest reasons is that centralized governance kills institutional accountability through the encouragement of unilateral decision making (Ezzame l et al. 2007). In centralized governance, there is one locus of power. Institutional functions are coordinated from a single point. In some instances, all the powers to make key decisions are left under the control of one individual. The result of this is that one person takes advantage of the power to make certain decisions, which might not be favourable to the whole country/institution (Kaler,2002). A deep look into the modern practices of institutional management shows that most organizations embrace decentralized structure of management. Delegation of authority and responsibility can be traced in a wider range of institutions. This is one form of decentralizing power and encouraging sharing of organizational power and responsibilities. This practice is replicated at almost all levels of governance in countries that embrace democracy. Notable examples can be traced in the United States, Western Europe, and Australia (Curtin, Mair Papadopoulos, 2010).Advertising We will w rite a custom essay sample on Institutional Accountability: Dispersion of Power and Delegation of Responsibilities specifically for you for only $16.05 $11/page Learn More These are the benchmark regions in as far as institutionââ¬â¢s accountability is concerned. The question that should be asked is how the decentralization of power and delegation of responsibilities contributes to a higher accountability. Another issue that should be discussed at this point is how the centralization of power and responsibilities kills institutional accountability. These questions can be sufficiently answered by taking a deeper look into institutionââ¬â¢s administration from two perspectives centralized and decentralized governance (Schillemanns, 2008). Decentralized institutional governance: its role in bringing about accountability Steets (2010) observed that institutional accountability was often measured by the level at which institutions planed and assigned resources ef fectively in order to get the desired results. Accountability means that employees in an institution embrace ethics in their work (Shearer, 2002). The application of decentralized principles in organizations entails the redistribution of authority in institutionsââ¬â¢ management. In such institutions, power is shared among different people. Therefore, decisions are not made by a single authority. Each department is given powers to come up with their own suggestions that may be efficient. Each section of an organization has a head who leads it in coming up with decisions and implementing them using the available resources. Perhaps, one point should be noted here. Decentralized authority does not mean that there is no centre of power. Numerous centres of power exist within an organization. However, each centre of power is given autonomy in a number of duties. This is where the aspect of responsibility starts. Leaders of departments work closely with the organizationââ¬â¢s member s. Institutional workers keep close checks on each other and on the overall duties that are assigned to them (Kaler,2002). Organizational tasks are not left in the hands of a few individuals but distributed among other segments of the organization. Leaving the task of decision making to fewer people has numerous consequences on institutionsââ¬â¢ administration. One of the effects is that centralization of authority and responsibility causes flooding. Flooding encourages haphazardness in the discharge of institutional duties.Advertising Looking for essay on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More In such situations, it is easy for an institution to attain improved performance. In delegation, institutional responsibilities are assigned to people across the institution in such a way that no person is left with a wide load of work. This exercise depends on the abilities and skills of the institutionââ¬â¢s workers. Therefore, it is easy to narrow on a person whenever anomalies occur in the institution. However, anomalies rarely occur because every individual is involved in the institutionââ¬â¢s production. Institutions are seen in terms of their ability to serve the society and not in terms of power and dominance (Hood,2010). Power is a minor element in situations where there is a higher delegation of duties and responsibilities. In other words, power is replaced by responsibility. People work hard to accomplish their tasks as they are responsible for any task assigned to them. Most organizations in liberal democracies thrive in the global economy due to high levels of per formance. The highest level of performance comes from the fact that there is a high level of organizational responsibility due to delegation of duties and responsibilities (Steets, 2010). According to Behn (2001), a number of people argue that accountability can still be attained in institutions that have centralized operations. Their argument is that centralization promotes bureaucracy, which in turn encourages accountability in institutions. While there is some weight in the argument, the biggest portion of the argument is refuted. This comes from the numerous study outcomes. Those results show that bureaucracy does not encourage accountability. Most functions in bureaucratic institutions are centralized. Delegation of responsibility is a rare practice in such institutions. Conclusion Institutional accountability is closely associated with decentralized systems of governance. This system of governance is synonymous with liberal democracies. Liberal democracies encourage the decent ralization of power and delegation of administrative responsibility. Most institutions in liberal democracies embrace the democratic principles of management. These principles include delegation of institutional power and responsibilities. This system governance is synonymous with autocratic regimes. In such regimes, institutionsââ¬â¢ accountability is quite low due to the failure to enhance delegation of authorities. Institutionââ¬â¢s power is also highly centralized. From this discussion, it is imperative to say that there is a close relation between decentralization of institutionsââ¬â¢ power and attainment of institutionsââ¬â¢ accountability. Reference List Behn, R D 2001, Rethinking democratic accountability, Brookings Inst. Press, Washington, D.C. Brinkerhoff, D W, Johnson, R W, Hill, R, Merrill, S, Peacekeeping and Stability Operations Institute Army War College (U.S.) 2009, Guide to rebuilding governance in stability operations: A role for the military, Army War College, U.S. Curtin, D, Mair, P Papadopoulos, Y 2010, Accountability and European Governance, Routledge, New York. Ezzamel, M, Robson, K, Stapleton, P McLean, C 2007, ââ¬ËDiscourse and institutional change: ââ¬ËGiving accountsââ¬â¢ and accountabilityââ¬â¢, Management Accounting Research, vol. 18, no. 2, 150-171. Hood, C 2010, ââ¬Å"Accountability and Transparency: Siamese Twins, Matching Parts, Awkward Couple?â⬠,West European Politics, vol. 33 no. 5, 989-1009. Kaler, J 2002, ââ¬Å"Responsibility, accountability and governanceâ⬠, Business Ethics: A European Review, vol. 11 no. 4, 327-334. Mulgan, R G 2003, Holding power to account: Accountability in modern democracies, Palgrave Macmillan, Basingstoke. Schillemanns, T 2008, ââ¬Å"Accountability in the Shadow of Hierarchy: The Horizontal Accountability of Agenciesâ⬠, Public Organization Review, vol. 8 no. 2, 175-194. Shearer, T 2002, ââ¬Å"Ethics and Accountability: From the For-Itself to the For-the-O therâ⬠, Accounting, Organizations and Society, vol. 27 no 6, 541-573. Steets, J 2010,Accountability in public policy partnerships, Palgrave Macmillan, Basingstoke, Hampshire. Trechsel, A H 2010, ââ¬Å"Reflexive Accountability and Direct Democracyâ⬠, West European Politics, vol. 33 no. 5, 1050ââ¬â1064.
Thursday, November 21, 2019
HEALTH AND BEHAVIOURAL SCIENCES Lab Report Example | Topics and Well Written Essays - 1750 words
HEALTH AND BEHAVIOURAL SCIENCES - Lab Report Example as no difference found in the motivation of two groups, but the groups with the fewer choices were more satisfied with their decision and they also reported less difficulty levels. Do you have more variety of this product? I think we should visit the corner shop because my friend was telling me that they have a wide collection. I can apply for only a few collegesâ⬠¦ I wish I could apply for more college. How many times we have heard or used these sentences or similar kinds of statements. The importance of choices in our lives is very important and it is often realized. People always variety as they feel that it helps them in their decision making process. There are no two thoughts on the fact that choices are very important for us. The effect that choices have on our lives is misinterpreted or misunderstood many a times. Too many choices may not be as beneficial for us as we think they are. It is found that excess of choices can decrease the motivation to buy (Iyengar & Lepper, 2000). Psychology informs us today that choice between two desirable options can lead to dissatisfaction and stress (Huffman, 2008). These results are not in line with the common notion regarding choices. The ability to choose from a variety of alternatives is considered necessary for a better decision. Studies have also suggested that choices are very necessary for human beings and they increase the life satisfaction of people (Deci & Ryan, 1985). These studies have contradicting results and they may confuse a lay man. These results have also added obscurity on the subject of variety and choices to some extent. It is important to understand that variety is very important for people and their survival. However too many choices can lead to dissatisfaction and decrease in motivation. The problem with too many choices is that it increases the stress level of the people as they want to choose the best option (Moushart, 2008). Too many choices actually hinder in decision making by confusing
Wednesday, November 20, 2019
Critical analysis Essay Example | Topics and Well Written Essays - 1000 words - 1
Critical analysis - Essay Example At the end of the story, we find two stances being provided to the presence of the girls in the store. Ironically, both Lengel and Sammy have been looking at the girls with the same male stare, but end up performing very different actions as a result. While Sammy stands up for the girls' rights, the manager falls back on a conventional disapproval of their attire and embarrasses them for it. In Faulkner's short story, the crime is not rape - in fact, Minnie's friends even wonder if she was actually raped at all. The crime is that the men believe that a black man dared to rape a white woman. While the men punish him by killing him, the women are seen as gossipy and wanting to know details about the rape rather than trying to provide their friend with comfort. Point of view may be used as a thematic device when the author or narrator of a short story seems more concerned with presenting a perspective on the themes of the text, rather than telling a story or drawing attention to conventional aspects of character or plot. Virginia Woolf revolutionized the technique of presenting points of view with her use of stream of consciousness and the interior monologue. In "Kew Gardens" the point of view is that of the flower bed, while the bed and the insects and other features in it are presented in sharp focus, we only see a 'slice' of the lives of the people who are walking by. The first couple's passing by shows that they are estranged from each other - he is walking several steps away from her. Even the traumatic memory of losing his first love is a fragmented one, as it is revealed that he can remember insignificant things about it much more distinctly than he can - or wants to - recall the event itself, where his girlfriend turned down his proposal of marriage. His wife and children and his whole life seem insignificant in comparison to the small, trivial details magnified in the story. Russell Smith's short story uses point of view to juxtapose what people are and what they want to be. His protagonist finds life in the urban world oppressive, and the narrative point of view seems sardonic about life in such metropolitan centers as Toronto, where superficiality is the norm and true meaning is often forgotten. #3. Discuss irony as a strategic element in the story "The Age of Lead" by Margaret Atwood and the story "The Gospel according to Mark" by Jorge Luis Borges. In Atwood's "The Age of Lead'' the irony seems to be that two people who did not want finality in their lives end up with nothing but death and a 'frozen' existence. The body of the dead sailor that is frozen and being talked about non television is a strong metaphor for the lives that the narrator and Vincent have been living. Of particular significance seems the fact that the sailor has been dead for long, but that his body is perfectly preserved since he died in the Arctic. The body exemplifies a dead existence where one remains stagnant and may as well be dead. Vincent dies of an unnamed disease at a relatively young age, signifying that
Monday, November 18, 2019
The Dilemma of Starbucks Coffee Company's Expansion in India Case Study
The Dilemma of Starbucks Coffee Company's Expansion in India - Case Study Example According to the research findings, it can, therefore, be said that Indian market operations have also been curtailed by the fact that local competitors have upped their stake in the market share through their own home-made brews such as teas and herbal drinks. The Indian experience has further been marred by recent government regulations such as the applied limits on foreign investorsââ¬â¢ total paid-up capital share the company. Itââ¬â¢s the pricing strategy of the Starbucks Company that has put it in trouble in India. ââ¬Å"Make every coffee drinker who visits Starbucks leave with a smile by creating unique atmospheres at every location, providing satisfying products, and delivering our high standard of customer service with every cup of coffee.â⬠Starbucks is aspiring to be the most respected and recognized brand in the market. They are keen on expanding quickly in existing and new markets and have created Starbucks Coffee International (SCI) to facilitate this. Inter nal expansion is facilitated by their ability to form joint venture agreements with Starbucks stores outside the United States, the development of new stores in new global markets and working with local companies of high repute. Starbucks has realized that customers are their major asset. They lay great emphasis on creating their locations. Starbucks has realized that increasing profits is one of their major successors in time to come. Starbucks aim is to form relationships with renowned third parties who share their values and maintain high quality. Starbucks is always in the process of experimenting and creating new products and services to satiate their customers. The greater portion of Starbuckââ¬â¢s sales comes from their coffees and Italian-style espresso beverages. Apart from coffee Starbucks also has a wide range of products that includes pastries, coffee-related accessories, sweets, and equipment. They also started selling premium tea at their outlets. The company contin ues to expand its repertoire of products by introducing candy bars and fruit juices that can be found in supermarkets.
Friday, November 15, 2019
Major elements of mega-environment that impacted Xerox
Major elements of mega-environment that impacted Xerox Xerox Corporation is one of the worlds leaders in process and document management using the latest technology. Nevertheless, Xerox cannot avoid challenges from the mega-environment also known as the general environment. The mega-environment consists of several factors such as economic, legal-political and technological factors. The economy has a big impact towards Xerox. Even though Xerox is from the United States of America (USA), not only the US economy affects Xerox but the global economy too especially in nations which Xerox operates in. This is because now, the world is borderless. A change in one countrys economy affects other countries as well. The Y2K scare severely influenced Xerox as consumers became pessimistic thinking that all computers and storage devices will cease functioning because the year was recorded in two digits. In 2001, the high interest rates caused a recession which had badly affected Xerox to the extent that it was close to bankruptcy. The company recorded a loss of $344 million in two years alone (Daneman, 2010). Hoffmann (2009) states that Xerox have laid off at least 20,000 workers in 2001. The financial meltdown not too long ago has also impacted Xerox. According to Digital Trends (2008), the company will lay off 3000 employees to support the organization in the midst of the worsening economy. Reasons given by Anne Mulcahy, the ex-CEO and Chairman of Xerox, include to minimise their cost and to increase flexibility by having operational improvement throughout Xerox (Digital Trends, 2008). Xerox has also faced legal issues as the legal-political dimension also affects Xerox. Xerox faced ethical issues in the past concerning its accounts. It did not provide its investors the companys actual operational performance (Mokhiber, 2002). Some accounting information was distorted and regulations were not followed. This went against the generally accepted accounting principles which landed Xerox into trouble (Mokhiber, 2002). Xerox, which Affiliated Computer Services, Inc. (ACS) is part of the company, was charged with unreasonable labour practices. According to Communications Workers of America (CWA, 2010), there was no warning given by ACS/Xerox when they dismissed fourteen EZ Pass employees who are union activist. Nevertheless, it was not long when they got their jobs back as Xerox was faced with protesters who dispute the management actions (CWA, 2010). Thus, it is of utmost important that Xerox be highly ethical. Besides, technology plays a crucial role in the development of Xerox. In fact, technology is the core of Xerox. Without it, there will not be any Xerox. Beginning as a photocopier business, it soon developed into a graphic processing firm (Bartol and Martin, 1998). Then in 1970, the Palo Alto Research Centre (PARC) was established for innovation, research and development (Xerox, 2010a). Experts and specialists in related fields were brought together to create new technologies which greatly contributed to the technology advancement of today. In fact in 1995, Xerox actually expected the booming of the handheld device industry in the next decade. Xerox became the pioneer in developing the touch-screen technology for palm-sized gadgets and this technology was soon patented (Xerox, 2010a). According to Bartol and Martin (1998), Xerox entered the digital imaging sector by introducing the DocuTech. With this machine, documents are able to be produced electronically from computers. Soon, Xer ox developed DocuSP which is able to tie digital printers to some computer hardware (Bartol and Martin, 1998). Thus, technology basically defines Xerox and its achievement. (b) Explain clearly how the major elements make up the task environment of Xerox. Xerox is also affected by several elements from the task environment. Components of the task environment include competitors, suppliers as well as the labour market. Competitors of Xerox are those corporations which operate in the same industry as Xerox and cater to the same group of customers. The industry Xerox is in mainly deals with office products and production equipment. According to Bartol and Martin (1998), one of Xeroxs tough competitors, Canon, from Japan was able to acquire a large proportion of market share in the low-end market. The public would most probably have cameras in their mind when one talks about Canon. In fact, office equipment generates as much as 77% of Canons total revenue while cameras only generate 13% (Holstein, 2002). Canon then took over the low-end market with Xerox withdrawing from the market giving reasons that they want to focus on the higher-end market instead (Holstein, 2002). Besides, Canon is entering the high-end market which had been Xerox stronghold. Holstein (2002) states that Canons laser copier market share in U.S. greatly increased in 1998 while Xeroxs market share dramatically decreased. Furthermor e, Xerox also faced competition from Ricoh. Ricoh began to introduce cheaper, smaller and more efficient machines (Funding Universe, n.d.). This definitely appeals to consumers as these machines are not only cheaper but more convenient. Ricohs plan was to get hold of the low-end market then proceed up (Funding Universe, n.d.). Thus, Xerox faces a lot of competitive pressure on a global stage. Suppliers are most definitely important for Xerox. Without suppliers, Xerox cannot operate as they cannot produce all their products and equipment. Xerox suppliers provide the company with materials needed for the production. Xerox is also lauded for its Supplier Diversity Program. Xerox has reputable relationships and partnerships with women, minority as well as service-disabled veterans businesses (Xerox, 2010b). Having a range of diverse suppliers shows that Xerox supports the whole community and does not practice discrimination. According to Xerox (2010b), the company get its suppliers to subcontract produced parts and assemblies. Besides, Fuji Xerox, its Japanese affiliate, with its business partners began to recognise the importance of social corporate responsibility in sourcing goods (Fuji Xerox, 2010). The companies looked into the issue and effects towards the environment and human rights (Fuji Xerox, 2010). The labour market is also important to Xerox. With companies like Xerox, employees are expected to be computer-literate and to be continuously innovative (Daft, 2010). However, the labour market is influenced by several parties such as labour unions and employees association (Daft, 2010). In 2008, Xerox stated that agreements concerning early retirements and medical benefits made after 1995 will no longer be valid in 2010 (West, 2009). According to West (2009), members of the Association of Retired Xerox Employees (ARXE) did a peaceful protest as they wanted to voice their concerns at the Annual Stockholders meeting. In 1980, over a hundred thousand of Xerox employees were trained in the Leadership through Quality program (Bartol and Martin, 1998). The employees addressed environmental issues and focused on quality improvements (Future 500, 2010). Xerox managed to save cost thus increasing its profit. Therefore, Xerox must pay close attention to all factors of the task environment as they affect the company in various ways. (c) Discuss the organizational cultures at Xerox during the McCullough and Kearns eras. Both Peter McCullough and David Kearns were prominent individuals in Xerox. Each of them impacted Xerox differently during different times. Both CEOs projected different organisational cultures in Xerox. According to The Times 100 (2010), organisational culture is the way things are seen and done. The culture summarises what is good and has been a success in the past (The Times 100, 2010). Nevertheless, there can be a culture shift when new managers replace the old ones like Kearns taking over as CEO of Xerox from McCullough which may change the organisations culture (The Times 100, 2010). In 1968, McCullough became the CEO of Xerox (Bartol and Martin, 1998). According to Rao (2007), McCullough greatly understood the importance and the necessity of new inventive technology. He had much confidence in research and development which resulted in the establishment of PARC. He focused a lot on innovation and development of new ideas. Thus, an entrepreneurial culture at his time. McCullough also increased the levels of the hierarchy in Xerox to manage the companys growth (Bartol and Martin, 1998). However, he overdid it which resulted in red tape. The elements of culture during the McCullough era points Xerox as a mix of Apollo and Athena organisation. There is an integration of role and task culture because McCullough emphasised on innovation while making Xerox more organised and bureaucratic as well. The red tape greatly affected Xeroxs product development. Furthermore, McCullough unwillingness to import a low-volume copy machine earlier from its affiliate, Fuji Xerox, resu lted in competitors taking control of a large proportion of the low-end market (Bartol and Martin, 1998). Then, Kearns took over as CEO in 1982 to 1990. When Kearns took control of Xerox, he was determined to change the corporate culture and place customer satisfaction as the companys top priority (ReoCites, 1996). He also focused a lot on keeping the cost low, paying more attention to customers and maintaining a high quality (Bartol and Martin, 1998). According to Bartol and Martin (1998), the companys structure became flatter as layers of management were reduced. Thus, there is more employee empowerment as decision-making is pushed to the lower levels. Employees also began focusing more on quality and customer service after going through the Leadership through Quality program (Bartol and Martin, 1998). This is in line with Kearns vision. He concentrated on customer satisfaction more than profits or market share. Hes judgment paid off when buyer satisfaction went up by 40% while complaints fell by 60% after the program was implemented (ReoCites, 1996). These are great improvements as th is will indirectly increase the profits. Although both CEOs portrayed a slightly different culture, they were important in building Xerox. Failures and missteps of both parties are taken as learning experiences while successes and achievements are recognised and remembered.
Wednesday, November 13, 2019
Effects of Corn Monoculture on Soils: Models for Change in American Agr
Effects of Corn Monoculture on Soils: Models for Change in American Agriculture According to writer and environmentalist Vandana Shiva, "the crucial characteristic of monocultures is that they do not merely displace alternatives, they destroy their own basis"(1993, p.50). If the self-destruction of a monoculture is really so simple, it seems that continuous cropping agriculture should long have been abandoned for a more suitable method. Unfortunately, the problem is far more complex. This paper will focus on the effects of corn monoculture on soils in general, the development of the monoculture in the United States and the effects this had on soil in this country. Through the exploration of other models, suggestions will then be made on how to modify the continuous cropping system in the United States into a more sustainable one. The first piece of evidence that the continual cropping system is inefficient, is that it is the least productive growing system. In experiments done in Wooster, Ohio, it was found that a field where crop rotation was used could produce 27.62 bushels of corn per acre, a field with continual cropping produced only 13.33 bushels per acre, and where chemical fertilizer was used on a continuous cropped field, 30.53 bushels per acre were produced (Weir, 1936,p. 502). Though it interesting that these facts are fundamental enough to have been discovered before 1936, it should also be noted that a recent eight year study done at the University of Nebraska, where scientists compared thirteen cropping systems, "the results confirmed the findings of studies done in the first half of the century"(Committee on the Role of Alt. Farm. Methods, 1989, p.229). If continual cropping is the least effective method o... ...ouncil, 1989, Alternative Agriculture: Washington, D.C., National Academy Press. Food and Agriculture Organization of the United Nations, 1980, China: Multiple Cropping and Related Crop Production Technology, report on the fao/undp study tour or the People's Republic of China, 25 June- 22 July 1979: Rome, United Nations Publishing. Hudson, John C., 1994, Making the Corn Belt: A Geographical History of Middle-western Agriculture: Bloomington, Indiana University Press. Miracle, Marvin P., 1966, Maize in Tropical Africa: Madison, University of Wisconsin Press. Shiva, Vandana, 1993, Monocultures of the Mind: Perspectives on Biodiversity and Biotechnology: London, Zed Books Limited. Weir, Wilbert W., 1936, Soil Science : Its Principles and Practice Including Basic Processes for Managing Soils and Improving their Fertility: Chicago, J.B. Lippencott Company.
Monday, November 11, 2019
George Washington Most Significant Domestic Accomplishment History Essay
Most important domestic achievement: Washington ââ¬Ës most important domestic achievement was to be elected the first president of the United States, every bit good as to be the lone president to be voted in nem con. Twice. The ground I chose this as his domestic achievement is because he set the criterion for future presidents. Most important foreign achievement: Washington ââ¬Ës most important foreign achievement was his dedication to neutrality. This disquieted some in France, who felt that they were owed something from the United States. Even during his Farwell reference he warned against going entangled in foreign personal businesss. The ground I chose this as his foreign achievement is because the US was already exhausted after the radical war, and if it were n't for Washington ââ¬Ës policy of neutrality, the US could hold been ruined. Economic Policy: Washington ââ¬Ës economic policy was centered on refunding Revolutionary War debts, and stabilising the US ââ¬Ë economic system. One illustration of this is the creative activity of the first National Bank in 1791, every bit good as the creative activity of the US Mint. Besides, during Washington ââ¬Ës presidential term duties were raised in order to assist pay for the war. Washington and Alexander Hamilton ( Treasury secretary ) set the foundation for economic programs in the hereafter. Major Events: Major events include forming the executive subdivision, the confirmation of the Bill of Rights, and set uping the US Federal Judiciary. Most of the major events during Washington ââ¬Ës presidential term involved set uping or forming. Again, Washington ââ¬Ës presidential term set the foundation for future presidents to come. Major Obstacles: The biggest obstruction Washington ââ¬Ës presidential term was the fact that he was the first president. Washington did n't hold anyone to look back on, or anyone to speak to that had more experience than he did. The authorities model that we have today did n't be back so, he was the 1 that had to set up it. Other Info: George Washington ââ¬Ës award is exemplified by the fact that he could hold remained president for every bit long as he wanted to, yet he left after his two footings were up. Washington was an honest, hardworking president, who set the model for the authorities that we know and love ( detest? ) today.John Adams ( 1797-1801 )Most important domestic achievement: Adams ââ¬Ë most important domestic achievement was the passing of the Alien and Sedition Acts. These Acts of the Apostless were four measures passed in 1798. They included the Naturalization Act and the Sedition Act. The Sedition Act made it a offense to print false or malicious Acts of the Apostless against the authorities. Most important foreign achievement: Adam ââ¬Ës most important foreign achievement was maintaining the United States out of the Napoleonic Wars ( Britain v. France ) . The ground this is important because the United States was still retrieving from the radical war, and fall ining in with either Britain or France would hold torn the state apart every bit good as bankrupted it. The hazard for war was particularly high when France began prehending American merchandiser vass. Economic Policy: John Adams was a Federalist, so he believed in bigger authorities and higher revenue enhancements. Adams did n't truly hold any important achievements in the economic field, as he was merely the 2nd president of the United States. Major Events: Major events during Adam ââ¬Ës Presidency include the Alien Sedition Acts, the initiation of the United States Navy and Marine Corps, naming John Marshall to the Supreme Court, and stoping the war in France through diplomatic negotiations. Another major event was Adams ââ¬Ë midnight assignments of Judgess to the Supreme Court. Major Obstacles: Adams had to follow the great lead of George Washington. Besides, he had to take whether to back up Britain or France in the Napoleonic wars. Other Info: One interesting fact about John Adams is that he was a attorney for the British Soldiers accused of opening fire on a crowd of Americans during the Boston slaughter. Adams and the officers won. After supporting BRITISH, John Adams still made it to the United States Presidency.Thomas Jefferson ( 1801-1809 )Most important domestic achievement: Jefferson ââ¬Ës most of import domestic achievement was geting the Louisiana Territory through the Louisiana Purchase. Since Jefferson was a rigorous constitutionalist, there needed to be a particular amendment drafted to give Congress power to buy the district. The district was purchased from the Gallic in 1803 for $ 15 million. Most important foreign achievement: Jefferson ââ¬Ës most important foreign achievement was the trade stoppage act of 1807. The act was put in topographic point following the Chesapeake-Leopard incident, where the American Chesapeake refused to subject to a hunt from the British Leopard. The act cut off American trade to Britain and France. Runner ups include the dialogue for the Louisiana district in France and staying comparatively impersonal in Europe. Economic Policy: Jefferson ââ¬Ës Economic policy was designed to extinguish American national debt. Jefferson felt that the United States did non necessitate to keep a national debt, and he besides repealed many Federalist revenue enhancements. One of the revenue enhancements repealed was the Whiskey revenue enhancement, which prompted the whiskey rebellion during Washington ââ¬Ës Presidency. Major Events: Major events include the Louisiana Purchase, the repealing of Federalist revenue enhancements, an effort to extinguish the national debt, and the beginning of Indian resettlement. Major Obstacles: Most of the major obstructions faced by Jefferson were due to the fact that the United States authorities was still immature. His biggest obstruction was taking all of the thoughts that were thought up before the revolution and do them concrete through Torahs and statute law. His presidential term tested how a philosopher such as Jefferson would work as a politician. Other Info: Thomas Jefferson undertook the battle against Adams ââ¬Ë midnight assignments. As you will remember, before John Adams left office he made legion midnight assignments, and these disquieted Jefferson. Jefferson worked difficult to take these assignments, and by making so left many Federalists without occupations. Jefferson besides fought against the creative activity of the first bank of the United States.James Madison ( 1809-1817 )Most important domestic achievement: Madison ââ¬Ës most important domestic achievement was eventually guaranting the People of the United States that independency from Britain had eventually been to the full reached. This happened after the war of 1812, in which we fought the British for the last clip in history, and for the 2nd clip in history we won. Most important foreign achievement: Madison ââ¬Ës most of import foreign achievement was the war of 1812. The war of 1812 was seen as a 2nd war for independency by some, and truly so. The war started because British naval officers would seek US ships and affect any British crewmans found on board. This, along with trade issues and other things caused tenseness between the United States and Britain. The war started in 1812 and lasted until 1815. The war was fought on land every bit good as on sea. Most of the combat on land was centered on the US Canada boundary line, and in the southern provinces. The ocean contending took topographic point on the Atlantic. The war ended on February 16, 1815 with the Treaty of Ghent. The war ended in a deadlock. Economic Policy: Madison supported the Second Bank of the United States, every bit good as high duties to protect new industries developed during the war of 1812. Since during the war domestic industrial strength was necessary, it was built up. Madison did non desire that industry to vanish after the war, so he implemented high duties. Major Events: Major events include the war of 1812, the initiation of the 2nd bank of the United States, a duty hiking to protect industry, the beginning of the Era of Good Feelings, and the prostration of the Federalist Party. Major Obstacles: The largest obstruction to Madison ââ¬Ës presidential term was the war of 1812. Madison is frequently criticized by historiographers for non avoiding war in the first topographic point, and utilizing diplomatic negotiations alternatively. Other Info: James Madison was a president who frequently changed his sentiment on cardinal issues. A major illustration of this was Madison ââ¬Ës initial disfavor of the add-on of a Bill of Rights to the Constitution, until he changed his head and became the writer of the Bill of Rights.James Monroe ( 1817-1825 )Most important domestic achievement: Monroe ââ¬Ës most of import domestic achievement was the execution of the Missouri Compromise. The Missouri Compromise was an understanding passed in 1820 that banned slavery above Missouri ââ¬Ës southern boundary line. The via media came after Missouri ââ¬Ës application to the brotherhood was rejected as a slave province. The passing of the Missouri via media was a beginning to what would finally germinate into the Civil War, because it began the North/South ââ¬â No Slave/ Slave division of the state. Most important foreign achievement: Monroe ââ¬Ës most important foreign achievement was the establishing of the Monroe Doctrine. The Monroe Doctrine was put in topographic point in 1823 and fundamentally said that Europe was non welcome to come and colonise in the western hemisphere any longer, and that any effort at colonisation would be seen as a hostile act toward the United States, and would be dealt with quickly. The Monroe philosophy was a two sided trade though, so if Europe stayed out of America ââ¬Ës personal businesss, America would remain out of Europe ââ¬Ës personal businesss. Economic Policy: Monroe had troubles implementing economic policies because the terror of 1819 was doing a barbarous economic depression. This was the first major economic problem in the United States, so there were troubles in calculating out what to make about it. The crisis caused bank failures, foreclosures and unemployment ( sound familiar? ) . This was the terminal of the station war of 1812 growing. Monroe aided the economic system with Torahs like the Land Act of 1820 and the Relief Act of 1821. By 1823 the depression was over. Major Events: Major events include the Monroe Doctrine, the terror of 1819, the Missouri issue, the Missouri Compromise, the epoch of good feelings, and assorted internal betterments like roads, toll-roads, and canals. Major Obstacles: The terror of 1819, as it was the US ââ¬Ë first major depression. Other Info: James Monroe ââ¬Ës most of import part to history was the Monroe Doctrine, which would be brought up infinite times in defence of states in the Western hemisphere, whether it be for their benefit or for ours.John Q Adams ( 1825-1829 )Most important domestic achievement: Adams ââ¬Ë most important domestic achievement was the development of the American system. The American system was a high duty that supported internal betterments such as roads and canals. Along with bettering the state ââ¬Ës substructure, the American system promoted a individual national currency and a national bank. Adam ââ¬Ës program was really ambitious, and because of this non all of his proposals were accepted, but some were. Most important foreign achievement: Adams did n't truly hold any major foreign achievements as president. This is because before he was elected president, he was secretary of province, and as such solved most of the foreign jobs that would hold come up during his presidential term. This does non intend that Adams had a bad foreign policy ; it merely means that he put out most of the fires before they started. Economic Policy: Adams ââ¬Ë economic policy was centered on his thought for the American system. This meant that a batch of money was spent on internal betterments to the state, such as the edifice of canals and roads. Some of the betterments include the building of Portland canal and Dismal Swam canal. Adams besides believed in a incorporate national currency every bit good as a national bank. Major Events: Major events include the development of the American system, the effort a incorporate national currency, the constitution of the National Republican Party, and the sign language into jurisprudence of the duty of abominations. Major Obstacles: Adams was a hardworking, loyal to his state adult male who had undeniable intelligence. On paper, these are great qualities for a president. Trouble was that Adams refused to play political relations, and he failed to construct a loyal following. Therefore, he was doomed when re-elections rolled around. Other Info: It was during Adams ââ¬Ë presidential term that the duty of abominations was signed into jurisprudence. The South did non like the duty because it put a high revenue enhancement on goods the part had to import. This duty would construct up to the nullification crisis of 1832.Andrew Jackson ( 1829-1837 )Most important domestic achievement: Jackson ââ¬Ës most of import domestic achievement was the peaceable declaration of the Nullification Crisis. The Nullification Crisis of came about as a consequence of the duty of abominations, which raised duties on goods that the South had to import. The issue started when South Carolina claimed it had a right to invalidate the duty of abominations. A series of menaces followed the claim, both on the presidents and South Carolina ââ¬Ës side. The crisis ended when a via media duty was agreed upon and South Carolina retracted its old statements. Most important foreign achievement: During Andrew Jackson ââ¬Ës presidential term, there were no wars or struggles in either Europe or America, so Jackson focused on work outing the state ââ¬Ës domestic jobs instead than foreign 1s. Economic Policy: Andrew Jackson is the lone president in American history to pay off the national debt. Besides, he was really against the national bank. Because of this ( after a immense battle ) he vetoed the Bankss re-charter in 1832. After the national bank was removed, province and local Bankss sprang up and began to impart money. The job was that the Bankss lent more money than they had endorsing for. This over loaning on the portion of province and local Bankss was a direct cause of the terror of 1837. Major Events: Major events include the paying off of national debt, the enlargement of the spoils system, the nullification crisis, the closing of the 2nd bank of the United States, the remotion of Indians, and the blackwash effort on Jackson. Major Obstacles: The largest obstruction faced by Jackson was the nullification crisis, and had it non been solved the manner it was, the United States could hold split. This was merely one more measure on the route to the civil war. Other Info: Jackson was seen as a common adult male president. On his startup twenty-four hours people were allowed into the White House, doing it a large party and destroying furniture and rugs.Martin Van Buren ( 1837-1841 )Most important domestic achievement: Van Buren was a president that inherited the economic meltdown that Jackson left after closing down the national bank. In response to the depression and economic meltdown, Van Buren created the Independent Treasury System. This system was created to maintain federal financess, since so many Bankss were fall ining due to the depression. If he had non created this system, federal money would hold gone into the unstable province and local Bankss. Most important foreign achievement: During Van Buren ââ¬Ës presidential term, the United States kept out of the wars taking topographic point in Europe, so the foreign policy forepart was reasonably weak during his presidential term. Besides, the McKenzy rebellion took topographic point in Calgary, where the Gallic attempted to subvert British regulation in Canada, but the United States kept out of that struggle every bit good. Economic Policy: The most of import thing Van Buren did economically was to set up the Independent Treasury System. The Independent Treasury System allowed the United States authorities to set federal money in a safe topographic point, instead than in province or local Bankss which were really unstable at the clip. Major Events: Major Events include the terror of 1837, the constitution of the Independent Treasury system, and the deficiency of any kind of strong foreign policy. Major Obstacles: Van Buren was the president who suffered the effects of Jackson ââ¬Ës shutting of the national bank. This was his largest obstruction, because all of his policies were based around cleaning up the muss he inherited from Jackson. Other Info: Van Buren ââ¬Ës presidential term took topographic point during a dry enchantment in American political relations. This was a clip of tiring presidents that made no truly groundbreaking determinations.William Henry Harrison ( 1841 )Most important domestic achievement: Harrison ââ¬Ës most important domestic achievement was siting through cold Washington DC without a chapeau or coat, and giving the longest inaugural reference in history. As a consequence of this, Harrison had the shortest presidential term in history. Most important domestic achievement: Harrison did n't hold a foreign policy because his presidential term lasted a humongous 31 yearss, 12 hours, and 30 proceedingss. Economic Policy: Harrison did n't hold an economic policy because his presidential term lasted a humongous 31 yearss, 12 hours, and 30 proceedingss. Major Events: Major events include being inaugurated on March 4, 1841, and deceasing on March 26, 1841. Major Obstacles: The biggest obstruction confronting Harrison was the fact that his presidential term lasted 22 yearss. If that ââ¬Ës non an obstruction, I do n't cognize what is. Other Info: Harrison had the longest startup reference in history, but the shortest presidential term.John Tyler ( 1841-1845 )Most important domestic achievement: Tyler ââ¬Ës most of import domestic achievement was the appropriation of Texas in 1845. Texas would travel on to go a province nine months subsequently. Another achievement was the declaration of the Dorr rebellion. The Dorr rebellion was an armed rebellion that took topographic point in Rhode Island due to Thomas Wilson Dorr ââ¬Ës discontent with the province ââ¬Ës electoral system. As a consequence of the rebellion, Rhode Island granted right to vote to all freewomans irrespective of race. Most important foreign achievement: Tyler ââ¬Ës most important foreign achievement was the confirmation of the Webster-Ashburton pact, which defined a clear boundary line between Maine and Canada. Other than that, Tyler was a pretty laid back president during a stale clip in American political relations, so he truly did n't carry through much. Economic Policy: John Tyler was a Whig, and such he believed in the American system around which the Whigs economic policy centered. As a Whig, Tyler believed in a high protective duty, a national bank, and a strong internal substructure. These beliefs are how the Whig party started-because of their resistance to Jackson ââ¬Ës remotion of the 2nd bank of the United States. Major Events: Major events include the Dorr rebellion, the Webster-Ashburton pact, the blackwash effort on his life, and the stoping of the 2nd Seminole war. Major Obstacles: Tyler ââ¬Ës biggest obstruction was that he took office on such short notice. After Harrison died, Tyler was following in line to go president. After he took office, he was expected to lodge closely to the Whig ââ¬Ës party beliefs. He did n't. the perfect illustration of this is his twice vetoing of the statute law for the national banking act. Other Info: Tyler was a adult male that went into office out of the blue. He originally thought he was traveling to be Vice president, and so Bam: he ââ¬Ës president. This was a clip of deadening American political relations.James K Polk ( 1845-1849 )Most important domestic achievement: Polk ââ¬Ës most of import domestic achievement was the successful geting of the Oregon district from Great Britain. Since 1818 the district was under joint business by both America and Britain, but after Polk came into office he put a batch of force per unit area on Britain to give up the district. The Oregon pact of 1846 divided the Oregon district along the 19th analogue. Most important foreign achievement: Polk ââ¬Ës most important foreign achievement was the pact of Guadalupe Hidalgo. The pact of Guadalupe Hidalgo was a pact that came approximately after the terminal of the Mexican American war. The dainty gave the United States 525,000 square stat mis of land for $ 15 million. Economic Policy: Polk, being a Democrat, focused on cut downing the consequence of the Whig ââ¬Ës economic policy. He reduced the duty of abominations and abandoned many other duties. In 1846, Polk approved a jurisprudence that restored the Independent Treasury System, under which authorities financess were held in the Treasury instead than in unstable province and local Bankss. This established independent exchequer sedimentation office to have all authorities financess. Major Events: Major events include the pact of Guadalupe Hidalgo, the remotion of the duty of abominations, the geting of the Oregon district, the appropriation of Mexico, the American Mexican war, and the effort to by Cuba. Major Obstacles: The biggest obstructions during Polk ââ¬Ës presidential term had to make with the geting of land. First the Oregon district so the American Mexican war, so the appropriation of Texas. Other Info: Polk was one of the first presidents to encompass the thought of manifest fate, and to take the Unites States on a way of enlargement.Zachary Taylor ( 1849-1850 )Most important domestic achievement: Taylor ââ¬Ës most important domestic achievement was the organisation of the section of the inside. The section of the inside is the section that trades with the direction and preservation of federal lands. Moat important foreign achievement: Taylor ââ¬Ës most of import foreign achievement was the confirmation of the Clayton Bulwer pact. The Clayton Bulwer pact made it clear that neither the United States, no Britain would entirely have or keep a canal in South America. The pact did give the United States a leg up diplomatically. Economic Policy: Zachary Taylor was a Whig, and such he believed in the American system around which the Whigs economic policy centered. As a Whig, Taylor believed in a high protective duty, a national bank, and a strong internal substructure. Major Events: Major events include the organizing of the section of the inside, the Clayton Bulwer pact, bondage in the West, and the via media of 1850. Major Obstacles: Taylor ââ¬Ës presidential term lasted merely one twelvemonth. That was a reasonably large obstruction. Other Info: Zachary Taylor was a deadening, center of the route president. Besides, he was president during a distressingly deadening clip in American political relations.Millard Fillmore ( 1850-1853 )Most of import domestic achievement: Fillmore ââ¬Ës most of import domestic achievement was the Compromise of 1850, which admitted California to the Union and settled the issue of bondage in freshly acquired districts. It repealed the Missouri Compromise and divided the state along the 37th analogue. When districts applied for statehood the people of the province would make up one's mind whether to be free or break one's back. In return, the North passed a Fugitive Slave Bill, which allowed for the apprehension of fleeting slaves in the Free provinces. Most of import foreign achievement: Fillmore ââ¬Ës most of import foreign achievement was his promise to maintain out of Cuba for the exclusive intent of it non going a slave province. This is important because there had been talk of purchasing Cuba. Economic Policy: Millard Fillmore was a Whig, and such he believed in the American system around which the Whigs economic policy centered. As a Whig, Fillmore believed in a high protective duty, a national bank, and a strong internal substructure. Major Events: Major events include the via media of 1850, the burying about Cuba, being a Whig, and holding the last name Fillmore. Major Obstacles: Fillmore, like the last three presidents I ââ¬Ëve written about was a deadening president with deadening policies during a deadening clip in American political relations. That ââ¬Ës an obstruction. Other Info: Millard Fillmore did n't hold a frailty president, likely because he took over right after Taylor.Franklin Pierce ( 1853-1857 )Most important domestic achievement: A Pierce ââ¬Ës most of import domestic achievement was the transition of the Kansas Nebraska act. The Kansas Nebraska act created the districts of Kansas and Nebraska, and besides repealed the Missouri via media of 1820. Besides, the act put the pick of bondage in the people ââ¬Ës custodies ( by voting ) . As a response to the act the Republican Party was created. Kansas was admitted to the brotherhood as a free province, and Nebraska was non admitted until after the civil war. This act was a major blow in the stableness of the state, and was a direct cause of the civil war. Most important foreign achievement: A In foreign policy, Pierce wanted to demo a strong Democratic assertiveness. Many particular involvement groups pushed to take Cuba from weak and distant Spain. He besides wanted to open trade with Japan, which at the clip was unheard of. Finally he wanted to derive the advantage over Britain in Central America. The job was, Pierce was a really uneffective president and accomplished really few of his ends. Economic Policy: The state was holding a period of economic growing and there was peace on the economic forepart, but when an issue did come up his disposal Pierce did small to quiet the feelings that it aroused, and sectional lines were redrawn. Major Events: Major events include the Kansas Nebraska act, the via media of 1850, the Free State vs. slave province argument. Major Obstacles: Pierce ââ¬Ës biggest obstruction by far was his inability to take. He was a sympathetic cat, and made many friends in authorities, but when it came to acquiring things done he merely could n't. He talked quietly, but forgot his large stick at place. Other Info: Pierce is called one of the worst presidents in US history. The worst.James Buchanan ( 1857-1861 )Most important domestic achievement: Buchanan ââ¬Ës most important domestic achievement was the Dred Scott determination. A In 1857 an of import determination was given by the Supreme Court. The Dred Scott instance was put through by the North with the best purposes. But, the tribunal ruled that Dred Scott and all inkinesss were non citizens of the United States and as such had no right to action in the Supreme Court. To add abuse to injury, the Missouri Compromise was declared unconstitutional because merely provinces had the right to prohibit bondage. The populace in the North was outraged by this determination and refused to obey it. This caused tensenesss to turn, and brought the state to the threshold of civil war. Most important foreign achievement: Buchanan did n't truly hold a foreign policy. This was because he had to concentrate on the domestic issues. This was particularly true when it came to the Dred Scott determination, which made the north really disquieted and brought the state to the threshold of civil war. Economic Policy: Buchanan ââ¬Ës economic policy focused around incorporating the terror of 1857. The terror of 1857A was a downswing in the United States ââ¬Ë economyA that occurred in 1857. A recession began in 1856, but the failure of Bankss and concerns started a true terror in 1857. While the economic downswing was short, the recovery was was n't. The permanent impact of the terror lasted until the beginning of the civil war. Major Events: Major events include the Dred Scott instance, the Lincoln Douglas debates, and the constitution of the pony express. Major Obstacles: Most of Buchanan ââ¬Ës obstructions were political. As the civil war drew nearer, and sectional lines grew deeper, Buchanan faced more and more resistance from the southern United States. Other Information: Because of his inability to defuse the civil war state of affairs, James Buchanan is rated as one of the worst presidents of all clip.Abraham Lincoln ( 1861-1865 )Most important domestic achievement: The civil war was Lincoln ââ¬Ës figure one focal point during his presidential term was the civil war. The civil war started before Lincoln ââ¬Ës presidential term, and all of the war was left for Lincoln. After the first major Union triumph at Antietam, Lincoln gave the Emancipation Proclamation. It freed slaves in all districts that were non occupied by the Union ground forces. The emancipation announcement had two ends: foremost to maintain the British from assisting the South and to get down break one's back rebellions. The civil war ended 1865 when General Lee surrendered at the Appomattox courthouse. Most important foreign achievement: Lincoln ââ¬Ës most of import foreign achievement was maintaining ties with Europe during the war. During the Civil War, both the North and South of the United States wanted to maintain ties with the European states, peculiarly Britain and France. The British supported the South until the Emancipation Proclamation changed the focal point of the war, and they realized that back uping the South would be seen as support for bondage. This of class would be morally incorrect. Economic Policy: Lincoln ââ¬Ës economic policy was based around the civil war. Most of the money in the state went to the war. As you can conceive of, a war a big and dearly-won as the civil war does n't give much clip to shave any other economic policies. The economic policy helped give money to the North in order to crush the South in the civil war. Major Events: Major events include the civil war, the sequence of the South, the conflict of Antietam, the emancipation announcement, the winning of the war, and the blackwash of Lincoln. Major Obstacles: Lincoln ââ¬Ës biggest obstruction was the civil war. All of his policy was based around the war. His full disposal focused on the war. Other Information: Because of Lincoln ââ¬Ës suburb handling of the civil war, he is ranked as one of the state ââ¬Ës best presidents. Will he interrupt the form of stale tiring presidents? Stay tuned to happen out.Andrew Johnson ( 1865-1869 )Most important domestic achievement: Johnson ââ¬Ës most important domestic achievement focused around Reconstruction after the civil war. After Lincoln was assassinated, Johnson attempted to take control of the Reconstruction. But, with Lincoln dead, Congress forgot took that power from Johnson. Rather than utilizing of Lincoln ââ¬Ës 10 per centum program, a much harsher program was put in topographic point for readmitting provinces into the Union. States had to sign the thirteenth and 14th amendments to recover their seats in Congress. Merely Tennessee passed the 14th amendment. Because of Johnson ââ¬Ës inability to manage the South, he was impeached. Most important domestic achievement: Johnson ââ¬Ës best foreign policy determination by far was to buy Alaska from Russia for 15 million dollars. After it purchase, people mocked Johnson and his disposal for buying nil more than a large refrigerator. It was n't until after Johnson ââ¬Ës presidential term that the true value was realized. Gold and oil were found at that place doing the purchase of Alaska a good determination after all. Economic Policy: Johnson ââ¬Ës economic policy was based around the purchase of Alaska. The United States needed to set up 15 million dollars in order to buy Alaska, and at the clip that was a monumental undertaking. Because of the civil war, money was tight, and it took a batch to acquire Congress to hold upon giving the money for what at the clip was nil more than and icebox. Major Events: Major events include the 13-15th amendments, the purchase of Alaska, the Reconstruction of the South, and the impeachment of Johnson. Major Obstacles: Johnson ââ¬Ës largest obstructions came from inside the authorities. A perfect illustration of this is the Reconstruction attempt of the South. Since Congress was unhappy with Johnson ââ¬Ës work they took the Reconstruction powers from him. Other Info: Johnson was the first US president to be impeached, but non the last.Ulysses S Grant ( 1869-1877 )Most important domestic achievements: Grants most of import domestic achievements had to make with all of the dirts he was involved in. Grant ââ¬Ës cabinet consisted of his old friends who used their stations to do money and have power. Because of this, Grant ââ¬Ës disposal was filled with corruptness. Most important foreign achievement: Grant ââ¬Ës foreign policy had to make with keeping Britain responsible for its ââ¬Å" neutrality â⬠during the civil war. During the Geneva courts, the British were found guilty and the United States got 15 million dollars for their problems. Besides, the United States and Britain agreed on boundaries for angling and such. Economic Policy: Grant ââ¬Ës economic policy had to make with economic growing and enlargement. Although grants disposal had more leaks than a slug filled ship, there was still economic enlargement. The populace was really happy with Grant ââ¬Ës decrease of the national debt. Major Events: Major events include the completion of the transcontinental railway, the 15th amendment which gave all citizens right to vote, and the innovation of the telephone. Major Obstacles: The biggest obstruction confronting Grant and his disposal was the corruptness that was wild present at that place. Grant was cogent evidence that a great military leader does non needfully do a great president. Other Info: Grant was a president with possible, but he chose to allow his friends into his disposal, and to let corruptness to run in his presidential term.Rutherford B Hayes ( 1877-1881 )Most important domestic achievement: Hayes ââ¬Ë most of import domestic achievement was the civil service reform. Hayes gave anA executive orderA that prohibited office holders from acquiring party money. This led Hayes to take many employees in authorities in an attempt to ââ¬Å" clean house â⬠and put an terminal to party corruptness. This led to tenseness between Hayes and members of authorities. Most important foreign achievement: Hayes said in his Inaugural Address that he wanted the state to maintain ââ¬Å" our traditional regulation of nonintervention in the personal businesss of foreign states. â⬠He was really good at following this policy, and because of it he kept out of foreign affairsaÃâ à ¦.except for the edifice of the Panama Canal, which he attempted but did n't win due to political grounds. Economic Policy: Hayes was a fiscal conservative. As a fiscal conservative Hayes believed in little authorities, strong concern, and limitation free capitalist economy. Besides, he believed in low revenue enhancements. Major Events: Major events include the terminal of Reconstruction, the railway work stoppage of 1877, and the installing of electric street visible radiations, the via media of 1876, and the bland Alison act. Major Obstacles: Hayes ââ¬Ë biggest obstruction was the fact that he won the election by such a bantam border. Because of this, all throughout his presidential term Hayes was critiqued for the determinations he made. Other Info: Hayes ââ¬Ë most celebrated quotation mark is ââ¬Å" He serves his party best who serves his state best. â⬠James Garfield ( 1881 )Most important domestic achievement: Garfield did n't truly hold a domestic policy because merely a few months after his presidential term he was shot and killed. Most important foreign achievement: Garfield was unable to pattern a foreign policy as he was shot a few months after he was elected president. Economic Policy: Garfield did n't hold an economic policy. Most people are unable to do or pattern an economic policy when they are shot dead merely a few months after they are elected to the presidential term. Major Events: Major events include being elected into office in 1881, and being shot and killed in 1881. Major Obstacles: The biggest obstruction faced by James Garfield was that he was shot merely a few months after he came into office. That is a reasonably large obstruction if you ask me. Other Info: Garfield had the 2nd shortest presidential term, 2nd merely to William Henry Harrison.Chester A Arthur ( 1881-1885 )Most important domestic achievement: Arthur ââ¬Ës most of import domestic achievement was the passing of the Pendleton act. The Pendleton act placed federal employees on a virtue system and put an terminal to the long hated spoils system. The act was passed because of Garfield ââ¬Ës blackwash. The Act was passed into jurisprudence on January 16 1883. Most important foreign achievement: Arthur ââ¬Ës most important foreign achievements had to make with spread outing the US navy. Arthur realized that if the United States wanted to spread out, it would necessitate a strong naval forces. He was the first US president to alter the navy ships over from Fe to steel. Steel is lighter and stronger than Fe. Economic Policy: Arthur had a deadening economic policy, one that is non even deserving composing about. Major Events: Major events include the constitution of the steel naval forcess, and the passing of the Pendleton act. Major Obstacles: Arthur ââ¬Ës obstructions came from inside the authorities. When he passed civil service reform, he faced strong internal resistance because the spoils system helped specify authorities. Arthur believed in a strong, honorable authorities. Other Info: The universe ââ¬Ës first skyscraper was constructed in Chicago during Arthur ââ¬Ës presidential term.Grover Cleveland ( 1885-1889 )Most important domestic achievement: Cleveland ââ¬Ës most of import domestic achievement was his handling of labour brotherhoods. All throughout his presidential term, Cleveland had to cover with the ups and downs and temper swings of the labour brotherhoods. These fits ranged from little work stoppages to violent rebellions. Most of these labour brotherhoods had to cover with railwaies or other large companies that paid their people excessively small and overworked them. Most important foreign achievement: Cleveland ââ¬Ës most important foreign achievement was the Britain Venezuela boundary difference. Great Britain tried to conflict on Venezuela ââ¬Ës district for gold, and America threatened to ordain the Monroe philosophy. Britain tried to play tufa for a piece, but finally backed down. In the terminal a pact was written up, and neither side won or lost. The result was a Latin America that was happy with the United States and a universe that knew that the US was a force to be reckoned with. Economic Policy: The duty of 1883 lowered antecedently high duties. The duty raised up as a major issue between the Democrats and the republicans. Major Events: Major events include the Haymarket public violence, the interstate commercialism act, the terror of 1893, and the Pullman work stoppage. Major Obstacles: Cleveland ââ¬Ës biggest obstructions came from the labour brotherhoods. These brotherhoods ranged from mild strikers to downright violent rebellions that resulted in serious hurt or decease to all who participated. Other Info: Henry Ford made his first auto during Grover Cleveland ââ¬Ës presidential term.Benjamin Harrison ( 1889-1893 )Most important domestic achievement: Harrison ââ¬Ës most important domestic achievement was the passing of the Sherman anti-trust act. The Act passed without resistance since both parties made promises about ordaining trust ordinances. However, the act was really weak, and was written really mistily. Because of this, even though the trusts were attacked none were of all time to the full removed. Most important foreign achievement: Harrison ââ¬Ës disposal was really aggressive in foreign policy and enlargement. An illustration of this is the Samoan struggle where the United States imperialized its first district that far from its shores. Economic Policy: Harrison had an economic policy of high duties, trust busting, and silver reform. The thing Harrison is most celebrated for though is the busting of trusts, or trust busting. This was accomplished through the Sherman anti-trust act. The Sherman anti-trust act was weakly enforced though, so trusts ne'er to the full disappeared. Major Events: Major events include the Sherman anti-trust act, the Sherman Ag purchase act, and the McKinley duty. Major Obstacles: Harrison did n't truly confront any obstructions that could be described as major. Or minor. He did n't confront any obstructions at all truly. Other Info: A Nellie Bly set a record by going around the universe in 72 yearss.Grover Cleveland ( 1893-1897 )Most important domestic achievement: Cleveland ââ¬Ës most of import domestic achievement was his handling of labour brotherhoods. All throughout his presidential term, Cleveland had to cover with the ups and downs and temper swings of the labour brotherhoods. These fits ranged from little work stoppages to violent rebellions. Most of these labour brotherhoods had to cover with railwaies or other large companies that paid their people excessively small and overworked them. Most important foreign achievement: Cleveland ââ¬Ës most important foreign achievement was the Britain Venezuela boundary difference. Great Britain tried to conflict on Venezuela ââ¬Ës district for gold, and America threatened to ordain the Monroe philosophy. Britain tried to play tufa for a piece, but finally backed down. In the terminal a pact was written up, and neither side won or lost. The result was a Latin America that was happy with the United States and a universe that knew that the US was a force to be reckoned with. Economic Policy: The duty of 1883 lowered antecedently high duties. The duty came up as a major issue between the Democrats and the republicans. Major Events: Major events include the Haymarket public violence, the interstate commercialism act, the terror of 1893, and the Pullman work stoppage. Major Obstacles: Cleveland ââ¬Ës biggest obstructions came from the labour brotherhoods. These brotherhoods ranged from mild strikers to downright violent rebellions that resulted in serious hurt or decease to all who participated. Other Info: Cleveland is the lone president in history to hold two nonconsecutive footings.William McKinley ( 1897-1901 )Most important domestic achievement: McKinley ââ¬Ës most of import domestic achievement was the appropriation of Hawaii. The trade was that the United States would annex Hawaii and presume their $ 4 million on debt. Because of the appropriation of Hawaii, it would subsequently travel on to go a US State. Besides, without Hawaii, where would I travel on holiday? Most important foreign achievement: McKinley ââ¬Ës most important foreign achievement was the Spanish American war. The war was caused because Cuba wanted to contend off Spain ââ¬Ës subjugation. The existent ground for the war was xanthous news media, which made the state of affairs in Cuba seem worse than what it really was, and that is what caused the United States to travel to war. The thing that truly set off the war was the detonation of the USS Maine in Havana seaport. The xanthous journalists made it seem like the Cubans did this, when in fact it was an unknown detonation. Economic Policy: McKinley ââ¬Ës economic policy put the gilded criterion as the lone criterion. It was because of this that the whole Ag thought was forgotten. Besides, the Dingley act put in a duty of 16 % , the highest of all clip, and in some instances up to 57 % . Major Events: Major events include the Spanish American war, the pact of Paris, and the insular instances.Major Obstacles:Other Info: During McKinley ââ¬Ës presidential term Hawaii, Guam, Puerto Rico and the Philippines became American ownerships.DecisionDuring this clip period there were great presidents and awful presidents. The trade name new American democracy had to get by with immense challenges, and it was because of these leaders that we have progressed to where we are today.
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