Tuesday, December 24, 2019

Definition Of A World Class University Essay - 2114 Words

1.1 General Definition of a World-Class University Identifying the definition of â€Å"a world-class university† is still an ongoing process. Meanwhile, it has become a â€Å"catch phrase† that encourages the purpose of promoting higher educational quality and global competition in the marketplace of tertiary education (Salmi, 2009, p. 3). Altbach (2004) mentions that although a concise definition of a world-class university has not yet been accomplished, there has been much attention to it globally. Furthermore, Altbach (2004) concludes an open description that everyone wants to have world- class universities, but no one knows how to get them. Therefore, most existing definitions of a world-class university either heavily refer to the scholars’ personal experiences or vary in multiple contexts. According to the personal experiences in Brown University, Ruth Simmons (2003) points out three dimensions of a world-class university. First, the mission and the vision of the university must strictly align with the deve lopment of the local society. Second, it must ensure a high quality of academic output, which can be guaranteed by a peer-review system and high standard data-base. At last, it must support academic freedom and maintain the status of being nurture democratic (as cited in Li. 2012). Moreover, Altbach (2004) summaries four sharing characteristics from the general agreement of multiple scholars’ works: excellence in research; academic freedom and an atmosphere of intellectualShow MoreRelated Defining Community Essay510 Words   |  3 PagesDefining Community Before studying the definition of a community, one might associate the word with life back in their hometown.   After reading through the definitions of community in numerous dictionaries, it is clear that community is so much more than the place you grow up in. It is interesting that the definition of one word could change so drastically over a decade. According to A Dictionary of American English, (1847) the definition of a community is â€Å"a communistic or socialistic societyRead MoreIdeal vs. Reality: Religious Pluralism vs. Religious Tolerance 1302 Words   |  6 Pagesof America today. Religious tolerance and religious pluralism have many different definitions, depending on the person’s interpretation of the word and where the person gets the definition. Every person of every faith and the people without a faith can have a different definition for tolerance and for pluralism. Diana L. Eck, the director of The Pluralism Project at Harvard University, gives a clear definition for pluralism. Pluralism is a two way street of dialogue, knowledge, understanding,Read MoreEssay about Survey of Education1664 Words   |  7 PagesSurvey of Education A formal education is a very valuable tool in today’s society. But why is it important, and what exactly makes up an education? I will attempt to explain these question through a variety of ways. As a current University student, I know what my education and college experience means to me, but I also want to know what other students think the purpose of an education is. I will investigate what exactly students learn and have learned at the Uof A. Then I will contrast theRead MoreBilingual Course, Essentials Of The Learning Sciences Essay1082 Words   |  5 PagesWe had the 13th Class yesterday for the bilingual course â€Å"Essentials of the Learning Sciences†, and the topic of this week was about â€Å"Problem Based Learning (PBL)†. We were the discussion group, and it was the last time for our group to play the teacher roles in this bilingual course. Before the class, I made a tremendous effort in preparation for the class; reading the Chapter 15 of the CHLSv2, and searching for some definitions of some vocabularies. As results of the lack knowledge in this chapterRead MorePersonal Experience: Applying for a GLC Scholarship762 Words   |  3 Pagestowards others. For me, justice is defined as caring for those who cannot care for themselves and helping those in need. I exercise this definition of justice both in school as well as in my community with the elderly as well as with my classmates. I will continue to use this definition of justice in university in order to better myself and those around me. My definition of justice is expressed through my actions with the elderly in my community. I believe that one should be help those who are unableRead MorePhilosophy Syllabus1562 Words   |  7 Pagesthe Philippines BATANGAS STATE UNIVERSITY Gov. Pablo Borbon Main Campus I Batangas City COLLEGE OF ENGINEERING, ARCHITECTURE AND FINE ARTS GENERAL ENGINEERING DEPARTMENT Second Semester, AY 2015-2016 COURSE SYLLABUS HUM 102 INTRODUCTION TO PHILOSOPHY 3 Units Prerequisite: None UNIVERSITY VISION A University which shapes a global Filipino imbued with moral courage nurtured through values and excellent education. UNIVERSITY MISSION Batangas State University commits to develop productive citizensRead More What is Religion Essay1321 Words   |  6 Pages World Religion What is Religion? nbsp;nbsp;nbsp;nbsp;nbsp;According to the American College Dictionary, religion is a noun defined as the quest for the values of the ideal life. This definition is vast and general, allowing for a variety of interpretations by people from all cultures. There is no single path to follow in order to lead an ideal life, only personal beliefs and experiences. Religion is non-finite so there is no way of determining a boundary (Smart, 5). In my quest for a trueRead MoreA Comparative Study of â€Å"The History Boys,† and â€Å"3 Idiots† Essays1396 Words   |  6 Pagesknowledge in order to face their own future, but the education system are invisibly forcing them only study for the score that gain in examination. The definition of the â€Å"words† is used to express the meaning to the student. However, the model answer of the exam which is exactly the definition, so that the students can only mindless cramming the definition without understand and use it in the realit y life. Besides, it can also prove that student by forcing to ignore the process of study, but only careRead MoreWhat is Deviance? Essay1646 Words   |  7 Pagesand the lawful sanctions that may take place. The definition of what is deviant is ever-changing and will continue to change as long as society evolves. Looking at society today, compared to what it was 50 years ago, it can be seen that what a culture considers deviant can change overtime. Although this may not be true with all societies and cultures, the preponderance of them have seen this trend over time. This change in a culture’s definition of deviance can change how a culture may act, theirRead MoreThe Value Of Diversity At Washburn University1254 Words   |  6 Pages Washburn University has always been proud of having diversity since it first opened its doors to the public 151 years ago. If you are to look around campus many are able to see how much diversity is valued by the campus as a whole, they know everyone is different and each person has their own story to tell. If a university made it where no one is allowed to talk about where they came before and how they ended up where they are in life. what is the point of being proud of who you are? For me, it

Monday, December 16, 2019

Week 7 Homework Quiz Free Essays

Business Valuations – Homework ES 1. (TCO G) A valuation professional who holds a CVA has the credentials of a: (Points : 2) Continuous valuation analyst. Cost valuation of assets. We will write a custom essay sample on Week 7 Homework Quiz or any similar topic only for you Order Now x Certified valuation analyst. None of the above is correct 2. (TCO G) If a shareholder in a closely held business sells his or her stock, the valuation professional typically would: (Points : 2) Increase the value somewhat to get the minority owner out of the business. Do a standard professional valuation in which the minority interest issue is ignored. Discount the value somewhat to reflect the diminished value of being a minority interest holder. Always use a historical cost basis analysis to take conservatism into account. None of the above is correct. 3. (TCO G) The most commonly accepted methods of business valuation use some form of: (Points : 2) Balance sheet analysis. Historical cost basis. Book value method. x Income statement approach. 4. (TCO G) The conclusions presented in FASB No. 157 support which FASB Conceptual Framework? (Points : 2) FASB Conceptual Framework No. 2 FASB Conceptual Framework No. 6 FASB Conceptual Framework No. x All of the above None of the above 5. (TCO G) The major business valuation organization that has developed rigorous business valuation standards is: (Points : 2) The National Association of Business Valuation Analysts (NACVA) The American Society of Appraisers (ASA) The Institute of Business Appraisers, Inc. (IBA) x All of the above None of the above 6. (TCO G) In a typical business valuation report, one exhibit that is seldom used is: (Points : 2) Limiting conditions. Definitions of valuation terms. Ratio analysis of the company. Common size balance sheets of the company. None of the above. 7. (TCO G) â€Å"Equitable distribution† in divorce cases is driven by: (Points : 2) The Uniform Commercial Code natio nally. x Individual state laws. Supreme Court rulings. Professional standards. None of the above. 8. (TCO G) A â€Å"minority interest† in a business: (Points : 2) Technically is less than a 50-percent ownership in the business Might be worth less than a pro-rata share of the business value May have limited influence in the operations of the business x All of the above None of the above 9. (TCO G) IRS Rev. Rul. 59-60: (Points : 2) Deals with the valuation of closely held businesses Provides a list of eight factors that should be considered in valuing a closely held business Is particularly useful for valuing closely held businesses in estate and gift tax situations x All of the above None of the above 10. (TCO G) Preparing common-sized financial statements and performing ratio analyses of financial statements are examples of: (Points : 2) â€Å"Customizing† financial statements. â€Å"Downsizing† financial statements. x â€Å"Spreading† financial statements. â€Å"Simplifying† financial statements. None of the above. How to cite Week 7 Homework Quiz, Papers

Saturday, December 7, 2019

Data Manipulation free essay sample

You will learn to: o define digital media o assess a range of digital media products o recognize and select different digital media data types o describe the purpose FAA digital media product o explain and perform digitization of a selected data type using appropriate hardware o select and use appropriate file formats o discuss and manipulate factors that affect file size o examine the display and distribution of digital media products o select and deliver digital media products for a targeted audience o design, produce and evaluate a digital media product o critically analyses a range of digital media products based on identified evaluation criteria Revision What is the difference between word processing e. G. Word and Desktop publishing e. G. Publisher? Include examples where each is used/applications. (Word, is a program to create, write and set straight.. An application that is used to make portfolios, To pitch ideas, To create stories it can be used even for 1ST tasks Such as th is one. We will write a custom essay sample on Data Manipulation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ) (Publisher is a program to Present, Advertise and to make content. An application to make flyers, To pitch marketing campaigns, To make brochures to sell products It can be used for even 1ST Tasks such as the perfect company. ) View the documents: Graphics files Video files Audio files What are common file types for each of the following (you may also add others that re not listed in the above documents): Graphics Video Audio WAVE is an uncompressed audio format. MPH is a compressed audio doormat. What are the advantages and disadvantages of uncompressed and compressed audio formats. Read the textbook page 198 206 By manipulate, we mean edit or alter. A large part of the creativity that computers give users is their ability to manipulate digital data. In this unit, we will be looking at common ways to manipulate graphics data, audio data, and video and animation data. Text What are some of the common word processing manipulations? State two manipulation techniques for text which could assist a disabled person. (answer here) Manipulating graph hiss data Two of the simplest and most commonly performed processes on graphic images are: resizing and cropping Resizing Resizing (also called sizing) alters the physical size of the image, usually to make it smaller. What problems can occur if you resize an image by trying to make it larger? (It has an extremely high chance that if you have a small picture and make it big , that it will become peculated. List some graphics editing steward programs. Paint,Photos,Adobe illustrator,lead photo express,corer pictographic,fastened image editor,Glop,loran view,Honest photo life,magic effect photo editor,retreated,adobe photos extended,art rage studio pro,Corralled,Painter,Peculator,Paint. Net,Aper ture,Drawls,Picas,life,Photodiode tort,Seedcases,Footballer,capture pro,Picture Merge Pro,Digital Studio 2010,Photo Explosion,Zone Photo Studio,Magic,Chases Draw SEES,Bible Labs,Kneecap,Paints,Photostats,Pixie,DXL Optics pro,Ribbed,FIX Photo Studio and Pixie. ) Pictures you take on your digital camera can be many times bigger than your imputer screen. The images may be scaled down temporarily so they fit on your screen when you are viewing them. What are others reasons you may need to reduce the size of an image? (Some websites have data limits e. G KGB and your photo may be bigger than this so if you reduce the size it can meet the size criteria. ) Reducing the size of an image, reduces data size and therefore the quality of the image. If you have a very large image inserted into a document, how does it affect the file size? (It will add a substantial amount of memory onto the document so you may ant to lower your image sizes. ) How does it affect the speed of loading the document? (Depending how big the document and or the photo(s) are it can be very minor or drastic. Cropping Cropping removes unwanted parts from the sides of an image like using a pair of scissors to trim around a traditional photograph. What are the similarities between cropping and resizing? (They both affect the size of the image, and its border) What is the difference between warping and morphing?

Saturday, November 30, 2019

Suitable Texts to Use in Esl Classroom free essay sample

This lesson was about the two types of text we can use in classroom and their characteristics; authentic material, which are written or spoken texts designed for first language speakers to read or listen to, where language is not simplified for English learners, and the non-authentic materials, written for teaching purposes, this can be written by the teacher o typically, are texts in textbooks or other published materials.To be suitable to use in classroom, reading material must fulfill specific requirements, first at all, it should be relevant, this means related to learners goal and interests, second, the level of difficulty should be the appropriate, this factor its determined by vocabulary, students must know the most of the words in the text to understand it, experience in teaching can help to evaluate this or teacher can check the words in the reading material against reference lists to find out their level of frequency and difficulty, 3,000-5,000 words are required to underst and advanced level or authentic material. We will write a custom essay sample on Suitable Texts to Use in Esl Classroom or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A challenging text, can still being used, but teacher should be aware of the required English level and the kind of reading tasks needed. The other aspect involved in level of difficulty is the sentence length, longer the sentences, the more complex structures, affecting how easy a text is to read and understand.The fourth factor to consider is the length of the text, a text is long if it has over 400 words, class time wont be enough to read it in classroom, will be necessary get students interested in the topic and pre-teach vocabulary, and ask them to read it at home, the alternative is re-write and shortening the text, to fit with the class time available. The decision of having a textbook, carries with some advantages and disadvantages.The pros are that, theyre written for a specific level, vocabulary and sentence structures cover books scope, tasks are already written, saving preparation time, all materials are in the same place, which facilitates that students keep track and review it, and offers a sense of accomplishment as students can chart their progress completing the book, the cons are, that theyre not written specifically to particular students, ight not be relevant or interesting, the different students level werent taking into account, therefore advanced students will get bored if the activities are too easy and less advanced students will get frustrated if the activities are too difficult, textbooks may no offer texts from variety of sources, which limits students exposure to different genres. Selecting the most adequate textbook is difficult, a guidelines was suggested to make wiser and easier this choice.Even with the a dvantage of having the reading activities included in the textbook, these usually wont fit the needs of multi-level classes, so teacher should be able to adapt these to make them easier or harder as necessary, having whole class included with the activities appropriate for the different levels. Several examples of these adjustments were given.

Tuesday, November 26, 2019

Free Essays on Why Latinos Should Oppose Bilingual Education

â€Å"Nationwide, about 3.5 million public school students don’t know English well enough to succeed in a regular classroom. Some school districts must accommodate children from 60 or more language groupsmany who are five or six years old and entering school for the first time, others who are older and may or may not have attended school in their homeland.† Most of these children in years past would have been expected to learn the English on their own, â€Å"sinking or swimming.† Many children did not learn this way. Bilingual programs did not devote enough time to English, so most students spent years in the programs, never really progressing. However, Christian Dominguez, a seven year old boy went from not speaking a word of English to being able to read whole books in English. In 1998, Californians voted against bilingual education and adopted â€Å"English immersion† programs. Most bilingual educators were opposed to the program at first, but tw o years later test scores had risen from the 19 percentile to the 40 percentile for limited-English-proficient students. And not just in one district, it occurred in the districts that had implemented the English immersion program in place of the bilingual education. In districts that refused to implement the program, scores did not change. Opposer of the change, Kenji Hakuta told reporters that â€Å"the scores were meaningless because the tests themselves were designed for native English speakers†. That makes the argument point even stronger for English immersion. Eventually, people started to catch on that the best way to teach any language is to teach in that language. Washington has not been so ready to pick up on California’s experience, and is still increasing funding to programs that do not work. However, â€Å"thousands of California students like Dominquez will be making steady progress toward realizing their American Dream thanks to their newfound com mand of English.ï ¿ ½... Free Essays on Why Latinos Should Oppose Bilingual Education Free Essays on Why Latinos Should Oppose Bilingual Education â€Å"Nationwide, about 3.5 million public school students don’t know English well enough to succeed in a regular classroom. Some school districts must accommodate children from 60 or more language groupsmany who are five or six years old and entering school for the first time, others who are older and may or may not have attended school in their homeland.† Most of these children in years past would have been expected to learn the English on their own, â€Å"sinking or swimming.† Many children did not learn this way. Bilingual programs did not devote enough time to English, so most students spent years in the programs, never really progressing. However, Christian Dominguez, a seven year old boy went from not speaking a word of English to being able to read whole books in English. In 1998, Californians voted against bilingual education and adopted â€Å"English immersion† programs. Most bilingual educators were opposed to the program at first, but tw o years later test scores had risen from the 19 percentile to the 40 percentile for limited-English-proficient students. And not just in one district, it occurred in the districts that had implemented the English immersion program in place of the bilingual education. In districts that refused to implement the program, scores did not change. Opposer of the change, Kenji Hakuta told reporters that â€Å"the scores were meaningless because the tests themselves were designed for native English speakers†. That makes the argument point even stronger for English immersion. Eventually, people started to catch on that the best way to teach any language is to teach in that language. Washington has not been so ready to pick up on California’s experience, and is still increasing funding to programs that do not work. However, â€Å"thousands of California students like Dominquez will be making steady progress toward realizing their American Dream thanks to their newfound com mand of English.ï ¿ ½...

Friday, November 22, 2019

Free Printable Geography Worksheets

Free Printable Geography Worksheets Geography worksheets can be a  valuable resource for teachers and students looking for activities and information related to both U.S. states and foreign countries. Each link leads you to a page featuring general background about the subject, whether it be countries like Germany and Japan, or states like Alaska and Nevada. The resources also include crossword puzzles, vocabulary worksheets, alphabet-ordering activities and explanations of geographical terms- such as isthmus, island and archipelago. Use these printables as study aids, pop quizzes or launching points for discussions about the various states and countries included here.  Add these free printable geography worksheets to your homeschool day to reinforce geography skills and for variety and fun. General Geography and Foreign Countries GeographyGermanyJapanSouth America U.S. States Alabama PrintablesAlaska PrintablesArizona PrintablesArkansas PrintablesCalifornia PrintablesColorado PrintablesFlorida PrintablesGeorgia PrintablesHawaii PrintablesIllinois PrintablesIndiana PrintablesIowa PrintablesKansas PrintablesKentucky PrintablesLouisiana PrintablesMaine PrintablesMaryland PrintablesMichigan PrintablesMississippi PrintablesMissouri PrintablesMontana PrintablesNevada PrintablesNew Jersey PrintablesNew Mexico PrintablesNew York PrintablesNorth Carolina PrintablesOhio PrintablesOklahoma PrintablesOregon PrintablesPennsylvania PrintablesRhode Island PrintablesSouth Carolina PrintablesSouth Dakota PrintablesTennessee PrintablesTexas PrintablesUtah PrintablesVirginia PrintablesWashington PrintablesWest Virginia PrintablesWisconsin Printables

Wednesday, November 20, 2019

A Research on the marketing strategies of Meritus Mandarin Hotel and Dissertation

A Research on the marketing strategies of Meritus Mandarin Hotel and its position in the tourism industry - Dissertation Example The objective of the research paper is to analyze the reasons behind the adoption of various marketing strategies by the hotel. The research study will assess the present strategic position of the hotel and the tourism industry of Singapore. The study will also analyze the various factors which lead to increase in customer satisfaction and also provide recommendations for improving the marketing strategy and the brand positioning of the hotel. The first section of the study is the introductory part which includes a background analysis of Meritius Mandarin hotel and the tourism industry of Singapore. It also includes the academic objectives of the company. The second section of the study includes analysis of Mandarin Orchard Singapore’s branding position, pricing and revenue strategy, service recovery and complaint handling procedure of the Mandarin Orchard Singapore. In the third and the fourth section, analysis is done through correlation and regression to find out the attrac tive factors of the hotel. Finally, it concludes with recommendation to improve the ambience of the hotel, recreational facilities, food of the restaurant etc. Acknowledgements I would take this opportunity to thank and express my gratitude to my supervisor Mr. Justin Kung for his exemplary guidance in topics related to customer satisfaction, service quality and market. The constant guidance given by him throughout the project has helped me in attaining knowledge related to the project. I could not have completed the project without his help and guidance. I would also like to thank my classmates for sharing their opinions and experiences related with this project. Lastly, I would also like to thank my librarian for assisting and guiding me through a section of books related to marketing and hotel industry of Singapore. I could not have completed my project without the detailed information provided in the library books. Regards Desta lee Chapter 1 Introduction 1.1 Reasons for choosin g the topic Tourism has become a global activity because it is a part of the global process of change and development (Connell and Page, 2006). The importance of tourism has changed gradually over the years; it is an economic activity which promotes economic development and increases the economic growth of a country. Tourism is no longer confined to developed countries but also includes travel to the developing countries. Firstly, the mindset of the tourist has changed and they are seeking new destinations which offer relaxation and creative thinking. Secondly, the purchasing power of the people has also increased which has led to the increase in global tourism. Singapore has become one of the popular destinations of the world also known as food paradise of the world

Tuesday, November 19, 2019

SUMMARY OF THE TICKING BOMB Assignment Example | Topics and Well Written Essays - 250 words

SUMMARY OF THE TICKING BOMB - Assignment Example Wade further argues that America and the West concentrate much on budgeting on defense that surpasses even such economies like Australia’s having a massive population of 1.3 billion. The population lives on less than a dollar a day (Grabb, Edward & Neil, 11). America supports a culture that neglects community and family, but holds high and celebrates its culture. America has misunderstood that globally, people value their communities since their fate remain attached to the communal destiny. The tragedy of 9/11 rendered America’s culture archaic as Americans had continually distanced themselves from the rest of the world by that, not being aware of what happens beyond their borders. As a result, neglect of others gives rise to terrorism acts led by movements established by people such as Osama bin Laden. Such actions are based on who has and who lacks as the poor can easily be ejected. Wade encourages Americans to give their culture a second thought and develop values that are not questionable to the rest of the world. The development model should not be by people but should reflect the improvement in the people’s standard of living. Americans must realize the value of recognizing their ancestral cultures in case they go to school to eliminate illiteracy among them (Grabb, Edward & Neil, 15). In as much as people should embrace new technologies emanating from images of wealth and comfort, they should not neglect the traditional ways of caring for one another, which contrary comes with disappointments. Additionally, Wade argues that ideologies that are extreme emerge when cultures and people are not entangled Thus, to conclude, strange beliefs that are not

Saturday, November 16, 2019

The King vs The Greatest Essay Example for Free

The King vs The Greatest Essay Sports comes down to competition fans and people love comparing one athlete against another just to see who the public thinks is better. Whether its fantasy comparison of Muhammad Ali vs Mike Tyson or Floyd Mayweather jr vs Manny Pacquiao. In basketball one on one comparisons are made all the time. Magic Johnson vs Larry bird, Kareem Abdul jabber vs bill Russell and there all-time greatest comparison Michael Jordan vs LeBron James. Jordan Consider the greatest basketball player of all time and one of the greatest athletes as well. LeBron on the other hand highly respected and is universally consider the best all athlete in the NBA and maybe the greatest athlete of all time. These two sports giant have always found themselves locked in a battle in seeing who is the best the old vs the new. Michael Jordan â€Å"the greatest† is consider the greatest basketball player of all time. Michael Jordan is was one of the most effectively marketed athletes of his generation and was considered instrumental in popularizing the NBA around the world. As of June 12, 2014 Michael had just became the first billionaire athlete. He increased his stake in his basketball team to 89.5% from 80% in last couple of months. Besides making money from his basketball team (which he owns majority) he still makes an annual earnings at $90 million a year. He’s part of the Nike family which helps with the success of Nike’s Jordan Brand, which is now roughly a $2 billion business worldwide. Michael Jordan skill set and his ability to jump set himself apart from player. When Jordan would jump or dunk some people would say it was like he was flying. Or when he do his signature shot â€Å"the fade way† it was like he was floating in the air. Besides wining 6 rings multiple MVPs the best aspect of Jordan was his ability to close out games. He was cold blooded like an assassin when it came to finishing games and this is why many people consider him to be â€Å"the greatest†. Like Michael Jordan, LeBron James or â€Å"King Jam es† is was one of the most effectively marketed athletes of today. In 2014 he was the highest paid NBA player in league. He was 3rd highest paid athlete in the world at $72.3 million. Only behind Cristiano Ronaldo with $80 million. And Floyd Maywether jr. at $105 million. King James is the NBAs biggest endorsement star, thanks to deals with Nike, McDonalds, Coca-Cola, Upper Deck and  sprite others. Sales of his Nike shoes were tops among active players at $300 million in the U.S. during 2013. James also made millions through his small stake in Beats when it was sold to Apple for $3 billion he made ($30 millions) off the deal. King James has been to 5 NBA finals won2 and lost three On the court LeBron is one of the few NBA players who teams personally foul, because he is so fats and strong he is like freight train players grab him before he get the ball up. LeBron is versatile he can any position 1-4 he’s like half the team himself. LeBron is a monster on the court and off the court and this makes him a threat to the king’s throne. Michael vs LeBron, LeBron vs Michael either way it goes LeBron is gunning for his throne and he knows it. Right know there LeBron James career he has already pretty close Jordan in a lot key stats and 29.With good health will pass Jordan n scoring, rings, rebounds, assist ,all-star games and many more. Will Michael Jordan be able to protect his throne at the top or will he fall to king gunning fast? Who knows who will be the better player â€Å"King James† or â€Å"The Greatest?†

Thursday, November 14, 2019

Dress Codes in Schools Essay -- essays research papers

The dress code, an essential tool for preventing people from offending others both intentionally and unintentionally. School, a place of education. Education of necessary subjects for becoming a good citizen. Not education of outfits that show more than they hide. No matter what people say, school is NOT a fashion show. Freedom of Expression, a true right that’s true meaning is being demolished. The school must have control over the dress code and enforce it. If the school couldn’t control what people wear, just think what there control over the people would be! I intend to tell you why I believe this in more detail. Beer slogans and other offensive and truly inappropriate clothing must not be worn to school. It is argued that people see it enough on TV, in magazines etc, but think about...

Monday, November 11, 2019

Symbolism in Guy de Maupassant’s “The Necklace”

Hayley Hughes Professor Fowler English 1102 9 February 2013 Short Story Essay Guy de Maupassant’s short story â€Å"The Necklace† uses a diamond necklace to symbolize two different things. The first thing the necklace represents is that deceiving others will lead to one’s downfall. The necklace also symbolizes how the effects of greed can change a person. In the story, the reader sees the main character’s personal growth from beginning to end due to losing a diamond necklace.Mathilde Loisel’s life is turned upside down because she was materialistic, but by the end of the story Mathilde is wiser and more admirable. Mathilde changed in ways that could not have been possible had she not lost the necklace. The story opens with the beautiful Mathilde Loisel fantasizing about luxuries she and her husband cannot afford. When her husband comes home with an invitation to an exclusive party, she is upset because she does not have anything fancy to wear. Even after her husband gives her some money for a dress, she then complains about not having jewelry.Since she does not own any expensive jewlery, Mathilde goes to her friend Madame Forestier and borrows a diamond necklace. She absolutely loves the necklace and when she and her husband attend the party, everyone notices her and the necklace. After they return from the party, Mathilde is sees she has lost the necklace. However, instead of telling Madame Forestier that the necklace had been lost, Mathilde buys a replacement necklace worth 40,000 francs and gives that to her friend hoping she would not see the difference.She and her husband then spend the next ten years working to pay for the cost of the necklace only to find out that the original necklace had been a fake. Even though her hardship could have been avoided completely, Mathilde became a better person from of losing the necklace. The necklace is the main symbol in â€Å"The Necklace. † What is a symbol? According to Lite rature: An Introduction to Reading and Writing, â€Å"a symbol is a substitute for the elements being signified,† (Roberts and Zweig, 382). The necklace could be considered a cultural symbol.A cultural symbol is universally recognized (Roberts and Zweig, 383). Out of all the jewelry Mathilde could have chosen, she chose the diamond necklace. Maupassant most likely chose a diamond necklace because people would recognize the gravity of the situation in the story; most people could understand the value of a diamond necklace as opposed to some of the other jewelry mentioned in the story, which makes the diamond necklace a cultural symbol. The necklace could also be considered a contextual symbol.Unlike a cultural symbol, a contextual symbol gets its meaning from the story (Roberts and Zweig, 383-384). In this story, the necklace represents the fact that appearances are not always what they seem and that the bitter truth of reality can lead to one’s downfall. Mathilde wants to wear a diamond necklace in order for people to think she is wealthier than she is. When she borrows it from Madame Forestier, who is wealthier than Mathilde, she has no reason to believe that the necklace is a fake.Because Mathilde thinks the diamonds as being real, she thinks that others will believe she is wealthy too. In deceiving others of her wealth, she essentially deceives herself. For example, when it is time for them to leave the party her husband gives her the shawl she brought; she does not want anyone to see her wearing the shawl because it reminded her that she was not wealthy and she did not want anyone to find out. She wants to live out this fantasy as long as she possibly can and runs outside with the shawl hoping no one will notice.When she loses the necklace, she is brought back to reality and must deal with the consequences. Instead of accepting her reality that she was not wealthy and being greedy, she set herself up for disaster. The necklace symbolizes gree d and how it can affect a person. In the beginning of the story, Mathilde is greedy. She pities herself for not being born into a wealthy family, claiming it was an â€Å"error of destiny,† (Maupassant, 200). She and her husband are most likely middle-class, but she is still unhappy with their financial status. Her husband, Mr. Loisel, is the exact opposite.He takes pleasure in the little things, even praising his wife’s beef stew while she daydreamed about the finest cuisines (Maupassant, 200). All he wants to do is please his wife, but Mathilde is never satisfied. It is because of her greed that she ends up borrowing the necklace in the first place. After losing the necklace and giving the replacement to her friend, not only had the Loisels’ lifestyle changed, but Mathilde also started to change. She had to do cleaning jobs to earn money, dressed in cheap clothes, and argued with food vendors about the price of their goods in order to save every penny.After th e ten years of hard labor, the story describes Mathilde as â€Å"the strong, hard, and rude woman of poor households,† (Maupassant, 204). Even though she still reminisced about the party, unlike before where she pitied herself for not being wealthy, now she contemplates what her life would be like had she not been so greedy in borrowing the necklace. She questions how something as small as a necklace could have such a big impact on her life saying â€Å"How little a thing it takes to destroy you or to save you,† (Maupassant, 204).The necklace both destroyed her and saved her. Even though she had to deal with ten long years of working to pay back the money, losing the necklace symbolizes Mathilde losing her greediness and gaining the knowledge that money does not lead to happiness. Works Cited Page De Maupassant, Guy. â€Å"The Necklace. † Literature: An Introduction to Reading and Writing. Roberts, Edgar V. , and Robert Zweig. 10th ed. Illinois: Pearson, 2012. 2 00-205. Print. Roberts, Edgar V. , and Robert Zweig. Literature: An Introduction to Reading and Writing. 10th ed. Illinois: Pearson, 2012. Print.

Saturday, November 9, 2019

Bumbum

Great Floods have been a topic of many myths throughout time. These stories are mostly about gods or higher powers trying to wipe out or cleanse the population. Some of these myths Include; Endue Genesis, Thralls Epic, Galoshes, and many more. The Ruler Genesis Is the earliest flood myth. It t†¦ Prematurely Words Pages Noah and the Great Flood The story of Noah and the Great Flood is sometimes questioned of whether or not it of God, Noah was able to accomplish this task and this event really did occur.Others, who take some of the stories from the Bible†¦ Premiums Words Pages Evidence for the Great Flood A flood generally causes a rather large amount of land to end up underwater. The Great Flood was no different, it caused almost all the land in the world to go underwater. Did the Flood?as recorded in Genesis chapters 6-8?really happen? Was there a humongous amount of water that completely reader†¦ Premiums Words Pages The Great Flood The Great flood is a historical eve nt that may have happened before O BC, this was an vent that flooded the whole world which have possibly wiped out human and plant existence.There are several different evidence that suggest the happening of the Great flood which include the several geological SSH†¦ Premium Words Pages The Impact of the Great Flood to the Thai Entrepreneur The impact of the great flood to the that entrepreneur Nowadays, Thailand has just been seriously the great flood and then lots of people face a problem with this situation. Thus, this situation have many problem become to economic crisis. Many hat entrepreneur is the most one has†¦Premium Words Pages Triassic: Account of the Great Flood Triassic: Account of the Great Flood The relationship between gods and humanity in Trashier: The Account of The Great Flood seems to carry great irresponsibility. Most of the gods display the weak characteristics of humans. They whine about work, constantly complain, selfishly create humans and t†¦ Premiums 210 Words Pages The Great Flood (The Taunting) The Great Flood Taunting Setting Where does the story take place? Describe the setting of the story.Characters Describe Opinion-Total physically and as to how the narrator describes him. What is his title? How does he serve his people? How does he feel in the opening of the story?†¦ Premium Words Pages The Great Flood of Metro Manila Saturday, September 26, it is way beyond words what Metro Manila has gone through in the hands of the recent storm, Sestina. With the unusual amount of rain that Sestina brought, it flooded where it never flooded before. Water seeped into houses and in a matter of minutes, reached 30 feet.

Thursday, November 7, 2019

Free Essays on Threat Of Computer Crime On Government And Business

Of course, these are sensational computer crimes compared to the less-publicized instances of computer fraud and intellectual property infringement that regularly occur on the Internet. However, when such fraud and infringement cases are analyzed and the data compiled, then the extent of damage suffered by governments, private corporations, and individuals from these lesser-known computer crimes makes them equally, if not more sensational. Financial Impact on Business A study conducted by WarRoom Research on the effects of computer crime on business found that 58 percent of 236 corporate respondents suffered computer break-ins within the previous 12 months. Of such corporations experiencing break-ins, 18 percent of the losses exceeded $1 million each and 66% exceeded $50,0004. These figures only represent the monetary loss. What of the start-up software development company whose only asset is its intellectual property? Compromise of Intellectual Property Imagine the catastrophic effect that piracy of intellectual property and mass distribution via the electronic channels has on a small software business.5 It has been estimated that 40% of the software used in the United States is illegal, and six out of seven foreign users utilize pirated software.6 Moreover, many businesses are reluctant to admit when computer crime occurs. According to William J. Cook, the author of the United States Justice Department's manual on computer prosecution, organizations often swallow losses quietly rather than notifying the authorities and advertising their vulnerability to shareholders and clients.7 Thus, the losses are likely far greater than reflected in published reports. Espionage, abuse, fraud and intellectual property piracy are just some examples of computer crimes that have become prevalent with the growth of the Internet and electronic communication. Ordinarily, laws keep pace with the technological changes in society. However, rapid te... Free Essays on Threat Of Computer Crime On Government And Business Free Essays on Threat Of Computer Crime On Government And Business Of course, these are sensational computer crimes compared to the less-publicized instances of computer fraud and intellectual property infringement that regularly occur on the Internet. However, when such fraud and infringement cases are analyzed and the data compiled, then the extent of damage suffered by governments, private corporations, and individuals from these lesser-known computer crimes makes them equally, if not more sensational. Financial Impact on Business A study conducted by WarRoom Research on the effects of computer crime on business found that 58 percent of 236 corporate respondents suffered computer break-ins within the previous 12 months. Of such corporations experiencing break-ins, 18 percent of the losses exceeded $1 million each and 66% exceeded $50,0004. These figures only represent the monetary loss. What of the start-up software development company whose only asset is its intellectual property? Compromise of Intellectual Property Imagine the catastrophic effect that piracy of intellectual property and mass distribution via the electronic channels has on a small software business.5 It has been estimated that 40% of the software used in the United States is illegal, and six out of seven foreign users utilize pirated software.6 Moreover, many businesses are reluctant to admit when computer crime occurs. According to William J. Cook, the author of the United States Justice Department's manual on computer prosecution, organizations often swallow losses quietly rather than notifying the authorities and advertising their vulnerability to shareholders and clients.7 Thus, the losses are likely far greater than reflected in published reports. Espionage, abuse, fraud and intellectual property piracy are just some examples of computer crimes that have become prevalent with the growth of the Internet and electronic communication. Ordinarily, laws keep pace with the technological changes in society. However, rapid te...

Monday, November 4, 2019

Advancement Of The Spinning Wheel History Essay

Advancement Of The Spinning Wheel History Essay A spinning wheel is a machine utilized for the conversion of fiber into yarn or thread, which is then used to make cloths (McCloskey, 1981). Its main functions are to combine fibers into a thread or yarn and then gather it in a bobbin so that it may be used as thread for the loom. It works on the principle that if you hold a bunch of fibers together and you pull a few out, the few will separate from the rest. These are pulled while being twisted at the same time hence forming a thread (Redford, 1931). The spinning wheel was invented between 500 and 1000 AD. However, the years 1400- 1800 are the ones referred to us the era of the spinning wheel (Jefferson, 1972). Unfortunately, no real spinning wheels survive from medieval times hence the only reliable evidence comes from images and records written during that time (McCloskey, 1981; North, 1979). It improved from the spindle, which was barely a stick with some weight attached. However, somewhere between 500 and 1000 A.D., An inventor turned the spindle sideways and added a pulley, which he then connected to the drive wheel. With this, the spinning wheel was ready for the work a head. Unfortunately, the merchants vehemently opposed the wheel when it hit the Western Europe markets blaming it for producing lumpy and uneven thread hence lowering the quality (Redford, 1931). There still rages a controversy about the development of this invention with some arguing that it was made in China for silk and ramie spinning while others believe that it was made later in India in order to cater for its cotton industry (McCloskey, 1981). However, spinning technology had been around for quite sometime before majority of the people embraced it and this makes it very hard to pinpoint a specific year or time and claim that is when specific improvements were done to it (Hurt, 1954). Come the 18th century the industrial revolution brought about a very big shift in the spinning industry and the mechanization of the spinning wheel be gan (McCloskey, 1981). One of the highly acclaimed inventors of the spinning wheels is Mr. James Hargreaves. Noticing an overturned spinning wheel which continued turning while the spindle was vertical, gave him the idea that several spindles could be organized to function at the same time from that position (Jefferson, 1972). Later he developed a model, which had eight spindles hence leading to increased output by his family members. News of his inventions caused his house to be attacked by jealous spinners and in the process all his machines were destroyed. Later, Mr. Hargreaves named his invention the spinning Jenny and patented the device in 1770. The spinning wheel led to higher output per person. In thread making, output increased by a factor of more than 10. With that, the production of rags and subsequently cheap paper revolutionized the printing industry (Hayek, 1954). The faster rate of spinning led to increased demand for the spinning wheels and with this agriculture was well on the way to being mechanized (Ashton, 1957). Later, Richard Arkwright’s new invention, a water- frame spinning roller was out in the year 1968.Eleven years Later in 1979, Samuel Crompton came up with a ‘spinning mule’ which was a combination of Arkwright’s water frame and Hargreaves Jenny (Hayek, 1954).

Saturday, November 2, 2019

Public Health Essay Example | Topics and Well Written Essays - 1250 words - 3

Public Health - Essay Example surroundings and circumstances determine the health of people. Some of the factors used in the determination of health include genetic factors, educational level, income level and relationship with families and friends. The main determinants of health include social and economic environment, physical environment and the individual’s behaviors and characters. The increase in the income earning may increase the living standards; however, in some case people may fail to control their eating habits and end up acquiring diseases such as diabetes among others. The great gap between the gap between poor and rich increases the differences in health conditions. On the other hand, low education levels also contribute to the development of disease in the community. For instance, the lowly educated people may not be able to understand which kind of food to take at a given time. It becomes very difficult to create a harmonized healthy condition in the entire society because of the variatio n in the social factors (Kindig, 2015). In addition, people have different views and opinion regarding various health factors in the society. For example, some people may support abortion while other opposes the act and considers it an evil act. Such differences influence the efforts made to improve the population health.

Thursday, October 31, 2019

International Business Finance Report Research Paper

International Business Finance Report - Research Paper Example Most of the green building material firms in China and high-end architecture designs are widely influenced by foreign players, who account for approximately 30% of the whole market share within the republic (EU SME Centre, 2013). Among the 200 leading international companies dealing with green building materials, over 140 have already invested in the Chinese market. For instance, in the 2008 Olympic competition, nearly 121 organizations participated in designing of all the athletic stadiums, 74 of which were either overseas or foreign-owned (EU SME Centre, 2013). Moreover, key global engineering consultancies have their branches in China, participating in numerous large-scale projects nationally. Besides foreign organizations, Chinese firms, particularly the ones with government support, are powerful players in the market, towards realizing large-scale government projects. Relating to building materials, the organization is likely to face stiff competition from foreign firms. Nevertheless, there are more local Chinese producers utilizing the price benefits in the market, even though the standard is relatively low. OzGreen should brace itself for a stiff competition in the Chinese market. As a consolation, the market is still big enough to get a share of the cake (EU SME Centre, 2013). Some of the most establish green building material firms in China include Hunter Douglas, an international firm which boasts of building and furnishing the red skin for the Chinese Pavilion at the Shanghai 2010 international Expo. Philips is also one of the key players in the market, having developed a sustainable lighting design and supply for Guangzhou Tower. Another likely competitor is OMA, which came up with the CCTV building in the heart of Beijing. Finally, we have Soeters and Grontmij, which recently won the contest of Wuhan New Energy Centre. The centre will be the most energy efficient tower in the planet (EU SME Centre, 2013). The building of

Tuesday, October 29, 2019

Business ethics Assignment Example | Topics and Well Written Essays - 1500 words - 1

Business ethics - Assignment Example Minority groups and women have had to deal with issues of ethical dilemma in work places, and Karen is no exception. There are three eligible managers for promotion, namely: Carmen, Ralph and Yingzi. Making a decision as to whom the position should go to is quite complex. This is due to the fact that each of the three seems best suited to the position. A critical analysis is therefore necessary to solve Karen’s problem. There are three eligible managers for the promotion. Each of the three persons has had a contribution to the company. A number of factors have to be considered in order to assess and evaluate the manager who is best suited to the promotion. In order to do so, all the three candidates have to be critically evaluated in the light of their suitability to the job. Each of the three will be considered individually. Carmen is an African American female aged 34 years. She is divorced and a mother of one; Heather. She is from time to time caught up in family crisis because her daughter has had medical problems. Minority groups and women have had issues in their places of work, thereby facing significant problems that related to their duties and responsibilities at their work place. From the case, it is evident that African Americans have hardly worked here. This is evidenced by the fact that promoting Carmen would be historical in the company since she would be the very first African American to reach such a position in the company. In considering her academics, qualifications and work experience, Carmen studied at Northwest State College. Her performance was average since she graduated in the lower half of her class. She has worked for the company for a period of four years. On the same note, she has been in this industry for not less than eight years now. In the work place, Carmen is considered a mediocre performer, and so are her ratings in the company. However, her energy level at work is promising, although she has

Sunday, October 27, 2019

Education in South Africa: Mathematic and Scientific Performance

Education in South Africa: Mathematic and Scientific Performance This study is aimed at discovering the root cause and economic consequence of poor performance in Maths and Science in South Africa. The main objective of the research is to provide the South African Department of Education and the heads of governing bodies of school with information that will assist in the proper formulation of strategies drafted in the Action Plan, the execution of policies that address the root cause of poor Maths and Science performance in South African schools. The secondary objective is to emphasize the economic consequences that may arise as a result of the poor performance in Maths and Science and lastly to generate possible leads and ideas which can be used to formulate a realistic and testable hypothesis for future researchers. The research was carefully constructed and designed using the qualitative methodology, since the scope of the subject is too complex to be addressed by a yes or no hypothesis. The research process comprised of two phases. The first phase consisted of questionnaires distributed to 10 professionals in the field of Maths and Science who passed Maths and Science at Matric/Grade 12 level; and the second phase 10 questionnaires distributed to Non-professionals in the field of Maths and Science who did not pass or complete Maths and/or science at a Matric/Grade 12 level, The third phase consisted of 5 questionnaires to educational specialists, economists and experts in the Maths and Science career stream. Four interrelated key performance index constructs within the Education system were used, namely Teacher practice, Student achievement, Government and Curriculum content. The results of the research found that the core issues in relations to poor performance in Maths and Science was due to (To be continued).. The economic consequences as a result of the poor education system showed that (To be continued) Keywords: root cause, poor performance, Maths and Science, economic consequences Physics, chemistry and mathematics form the basis for many Scientific or technological applications and discoveries, and as innovation and technological advancement are the driving force behind todays globally competitive economy, it makes good career sense to gain the versatile skills an enabling science degree will award you. Professor Bruce Milthorpe CHAPTER 1: INTRODUCTION TO THE RESEARCH PROBLEM Introduction Maths and Science is a driving force of a strong performing economy, it is a key area of knowledge whose competency is necessary for individual and economic development and an important factor of global competitiveness especially in a world of rapid technological changes (Tatira, Mutambara Chagwiza, 2012). McGrath and Akoojee (2007) further adds that the rationale in focusing on education is that its crucial for competitiveness, they emphasize that education should be a core objective in the South African national development strategy to enable competitiveness in globalisation and the knowledge economy. The twentieth century has seen education rise above the ranks as a base for social economic development and as a prime influential factor of a countries level of wealth by being able to alleviate poverty, increase the workforce and stimulate intellectual flexibility among its societies (Ozturk, 2001). The research seeks to act as a point of reference or set a standard for the Department of education and the heads of governing bodies whose role is primarily the execution of policies and strategic action planning within the education system, specifically in the Maths and Science arena. Whilst Human capital investment within a country draws in different skills which are highly valuable due to the impact it has on the vital parts of everyday life, skills in Maths and Science are the most crucial for social and economic welfare, typical examples include important career streams in the life sciences, behavioural and social sciences, earth and environmental sciences, math and computer sciences, engineering, interdisciplinary and physical sciences (Ozturk, 2001). Education aspires nation building and promotes interpersonal tolerance due to its integration nature hence Societies are able to transcend beyond cultural and national boundaries due to the advantages and assurances that education brings, especially Maths and science (Romagnolo Anderson, 2010). 1.2 Background to the study 1.2.1 The State of Maths and Science in South Africa In Sub-Saharan Africa about 1% of GNP is spent on Science, technology and development, this amount is comparatively low, compared to developed countries (Govender and Gruzd, 2011). Although South Africas expenditure on education and training is more than most developed countries especially in the last 4 decades. The result show a growth of 48 million in embedded human capital in 1960 to 230 million in 1996 (Measured in completed school cycle), the downfall is the quality of the education (Simkins, 2002). The issues lies in strategies in terms of budget spending efficiency, the struggle to draw the interest of foreign direct investment and to preserve the most favourably experienced Africans in Maths and Science (Govender and Gruzd, 2011). Consequently the short supply of high-level skills is extensively confining the ability to develop the economy (Simkins et al, 2009). South Africa however is at an alarming state with the worst performance in both Maths and Science as released in an international study coordinated and released by the Human Sciences Research Council (HSRC) on 24 November 1996. The study was conducted by the International Association for the Evaluation of Educational Achievement (IEA) assessment on Trends in International Maths and Science Study (TIMMS, 2003). The president of the HSRC, Dr Rolf Stumpf commented at the release of the assessment results These alarming results show that merely tinkering with the symptoms without addressing the root causes of our poor performance in mathematics and science will be a waste of time and money (HSRC, 2004). South Africa ranked 45th out of a total of 45 countries surveyed, in terms of Grade 8 Maths and Science assessment. The study highlights South Africas country average at 244 for Science and 264 for Maths compared to the international average of 467 for Maths and 474 for Science at the eighth grade level. The results unveil a substantial variation in Maths achievement between the highest and lowest performing countries, from an average of 605 for Singapore to 264 for South Africa in the mathematics assessment. The problem starts at primary level with approximately 75% of the poorly performing school system experiencing poor arithmetic ability from their learners and consequently further mathematical education becoming incomprehensible. South Africa is therefore confronted with a massive challenge to address the numeracy failure, unless it will not accomplish the system-wide and prolonged improvement in the Maths and Science education reform, in terms of remedying the poor performance symptoms (Rule Bernstein, 2009). There is an increasing need to excel in Maths and Science education, as it is the doorway towards building a developed country and to achieve that requires a scientific and technological advancement that will facilitate growth and development of the economy, this is necessary especially to face the fierce global economic competition (Mji Makgato, 2006; Dimmock, 2011). Commenting before the release of the assessment results, the executive director of the assessment technology and education evaluation research programme in the HSRC, Dr Anil Kanjee stated that This is especially relevant for mathematics and science education in South Africa, an area that the nation has recognized is in need of significant improvement if we are to participate and excel in the global economy (TIMSS SA, 2003). Problem Statement In light of the persistent national crisis in Maths and Science education and the role that Maths and Science plays in citizenship empowerment. It is necessary to understand the intimate relationship between unemployment, inequality, poverty and the role that Maths and Science education plays in dealing with the factors in South Africa. South Africa is amongst the worst in the world in terms of inequality, with a Gini-coefficient in the range of 0.58 0.68. Between 18-24 million of the South African population is in poverty and about 36.7% is unemployed including those who are not actively looking for employment. (McGrath Akoojee, 2007). The government plans to eradicate poverty through creating 5 million jobs through the new growth path by 2020 by redressing the inequality through deliberate affirmative action and practices. The education system is a key element of the new growth path. It plays a vital role in the transfer and development of skills and technology. In terms of Maths and Science, the new growth framework seeks to strengthen procedures to guarantee better and more reasonable admission to science and Maths education at secondary level (Patel, 2010). Purpose Statement The subject of Education, especially Maths and Science has been at the helm of many discussions in South Africa and globally, especially with about 90% of our schools failing to meet the minimum performance standards in Maths and Science. In spite of the above, theres currently insufficient data on the root cause of poor performance in Maths and Science although South Africa is facing a national predicament and this poor performance is actually congesting system-wide remedies (Simkins, 2010). The role of this research is to close the gap in the exploratory literature of Maths and Science by introducing practical data in the root cause and consequences of poor performance in Maths and Science by South African schools. The research exclusively deals with poor performing schools in South African Primary and Secondary schools both in the public and private sector. Primary goal of the study This studys fundamental purpose is to determine the root cause of poor performance in the area of Maths and Science in South Africa. The aim of the primary goal is in the exploration of the central phenomenon (Creswell, 2008). Achieving the secondary objectives normally implies the recognition of the primary objective (Struwig Stead, 2001). The aim of the secondary objectives is to explore the complex set of factors surrounding the central phenomenon (Creswell, 2008). Hence listed below are the formulated secondary objectives. Secondary goals of the study To explore the economic consequences produced by the poor performance in respect of Maths and Science in South African schools. To identify the success determinants of the economies with high Maths and Science performance The above represent the preliminary goals of the research but as the research proceeds the objectives may shift as the findings surface (Struwig Stead, 2001). Research Questions The research is planned to concentrate on the following crucial questions: Research question 1: What is the leading, underlying issue which leads to the poor performance in terms of Maths and Science? Research question 2: What are the economic impact as a result of poor performance in Maths and Science? Research question 3: What role should the South African government play to remedy the root cause of the poor performance in Maths and Science? Layout of chapters The research report consists of seven chapters as follows: Chapter 1: Introduction A comprehensible indication of what the study concerns is highlighted and the goal of the study is discussed to shed light to the topic. The overview of the research problem, purpose statement, primary and secondary goal and the research questions channeling the study. The following issues are addressed: the role that education plays in the economic development of the country, the state of Maths and Science in South Africa, Cleary highlighting the Maths and Science sectors performance. Chapter 2: Literature review An argument that supports the study is presented using relevant, current literature review. The statement of the research problem is refined and an argument is built using the literature. The chapter shows and looks at literature on the topic of Maths and Science, the economical impact associated with poor performance in Maths and Science and the various types of remedies available for a developing economy. Chapter 3: Research Questions The purpose of the research is defined through research questions, since the research is under-researched. This chapter builds up to the point that the following chapters will provide practical evidence to explore the dimension. Chapter 4: Research methodology This chapter highlights the method of data collection that will be used. It highlights the unit of analysis, the population, the sample size and sampling method, the research instrument, outlining clearly how the data was collected and the process adopted. The limitations to the study and the ethical considerations are outlined. Chapter 5: Results The results are presented in this chapter especially focusing on the qualitative approach; the results of the root cause and the economic consequence are presented in a form of figures and tables. Chapter 6: Discussion of results The results in chapter 5 are presented with a link to the research question, the research questions are presented as the major headings. An in-depth analysis of the result is conducted, clearly linking to the literature review and confirming that the research objective is met. Chapter 7: Conclusion This chapter summarizes the findings into an organized format, ending with recommendations to the stakeholders and future research. CHAPTER 2: LITERATURE REVIEW 2.1. Introduction The objective of this literature review in accordance to the research problems is to further describe the problem. The literature review contextualizes research conducted locally and globally. Relevant publications, journals, reports and academic books were reviewed in order to collect data and discussions on the proposed research, mostly to determine if research of a same nature was not conducted in prior years. The theory reviewed in this section is categorized into three sections: poor performance in Maths and Science, economic impact and success determinants. The first part provides a general perspective on Maths and Science poor performance looking at the variables underpinning the subsystems in terms of teacher practice, student achievement, curricular content and state of the government (Reddy, Kanjee Diedericks, 2007). The second part is an overview of economic impact with particular reference to Maths and Science, looking at the economy of South Africa, China and Brazil. Thirdly the success determinants are discussed looking at the important influences in Maths and Science achievement and the respective predictors. There is a need for specific insight in the factors that determine the success of Maths and Science as this builds on to the solution of the root cause. 2.2. Poor performance in Maths and Science A large number of studies seem to gravitate towards the problem of Maths and Science education in South Africa as illustrated by the poor performance of matriculants who failed to meet the admission requirements of Maths and Science faculties (Mabila et al, 2006). The problem of poor performance in Maths is one of the most paramount fears of teachers and other Maths educators globally. Allegations point to the fact that poor performance capitulate negative behaviour and even trepidation of Maths by pupils (Wadesango Dhliwayo, 2012). South Africa had a very low minimum pass rates requirement for Maths and Science at 29% and 30% respectively in 2010 but learners are not motivated to study Maths and Science as theyve observed the failure of others (Mji Makgato, 2006). Maths and Science were mostly disguised as subjects not for the weak and so this becomes a self-fulfilling prophecy that Maths is a subject for those with greater intellectual ability. The author further adds that the education system methodology of measuring grade passes vs. the provision of educational quality is at the core of the Maths and Science learner fear complicacy. Mabila et al. (2009) argued that there were several factors that contributed to this phenomenon of poor performance, namely lack of regulation, inadequate resources, poor drive in students and teachers, implementation of policies and lack of parental involvement. Govender Gruzd (2011) added that Maths and Science has a potential of unlocking the continents economic and developmental decline but education in Africa required remarkable development; the authors cited that education was disregarded and was not in the focal point of Africas expansion plan, the author further noted the factors responsible for poor performance in Africa such as lack of qualified teachers, proper infrastructure, learning equipment and enrolment into the Maths and Science subjects bears fruit to the need for development. Bradbury Miller (2011) differ in their argument in that the unequal schooling system produced various drawbacks that necessitated restoration but agreed on the factors such as lack of quali fied teachers as part of the inequality amongst the others which they express as a lack of excess to successive education levels. It is clear from the evidence that Maths and Science education failure is caused by various factors and that poor performance is characterized by inequities, scarce resource and strategy. 2.2.1 Teaching Practice South Africa is reported to be the leading technological giant in Africa but in terms of Maths and Science it fell below its economic opponent Indonesia, Chile and Malaysia. The reason for this lag was due to the lack of Maths and Science graduates who can propel progress forward in terms of knowledge sharing in the space of Maths and Science. The central part of this national dilemma is due to the minimal levels of Maths and Science education in classrooms across Africa (Govender Gruzd, 2011). The Department of Education in South Africa changed the curriculum to enforce Maths into the curricular by adding Maths literacy into the equation as an alternative to Maths; this was done in order to increase Maths participation to a 100%. Although this was an outstanding government initiative, it added a need for more Maths and Science teachers. Govender Gruzd (2011) indicated that Africa needed atleast 3 million more teachers to cope with the growing enrolments. Simkins et al (2009) qualified the statement by illustrating that South Africa was experiencing the same predicament with an escalating burden of more Maths classes and therefore teachers, this was due to the initiative to enforce Maths learning. This was further aggravated by the shortage of properly qualified and skilled Maths and Science teachers. The issue lies in the education departments failing to recruit talented and bright Maths and Science graduates who understand and could teach Maths and Science, these crucial skills could not be attracted into the system due to the lack of incentives and low pay. Govender Gruzd (2011) revealed shocking statistics in terms of educators in South Africa, which stated that up to 60% of the educators, had not been trained in Maths and Science, part of the main reason is that government was failing to translate their commitment to education into budgetary allocations. Education policies are drafted but the commitment lacks i.e. the scrapping of teacher colleges, inefficiency in training teachers and outdated teacher practices resulted in untrained teachers who struggled with the topics and hence imparted knowledge with a lack of foundation in content knowledge and imagination. This has created a poor foundation for the future development of Maths and Science graduates (Govender Gruzd, 2011). (Mji Makgato, 2006) said that Maths and Science are practical subjects and the teaching adopted in classes does not continually suggest practice, in the teaching of Maths and Science problems such as poor time management and incomplete syllabuses as a result of no school learning plan, continued to affect the practical method of teaching. 2.2.2 Student achievement Firstly in order to measure and gain understanding of the variances in student learning, there is a need for suitable and correct Maths and Science assessment tools. South Africas inability to participate in most Maths and Science assessments shows the countries inability to recognize the state of the problem or even a need to know how they fare in the global context so as to improve the performance of its student (Venkat, Adler, Rolinick, Setati Vhurumuku, 2011). According to Taylor (2010) the overall level of achievement amongst South African children is extremely low; this is not shocking as there are two educational systems in South Africa. The first covers 80-85% of the learners who experience the historically disadvantaged system with traits of low proficiency in reading, writing and numeracy, the second system covers the 15-20% of the students from the affluent groups who achieve world class results. The first system is further aggravated by poor school management, due to lack of resources such as textbooks, study materials and proper school facilities. Teachers who were qualified and experienced tended to flock towards the more urban and developed provinces to teach in schools with proper school management (Taylor Derekyu, 2009), hence the situation in the first system is further disadvantaged by inadequate experienced teachers who lack the proper resources or support to elevate their skills. The majorities of the graduates who obtained university entrance were produced in the second system and further enjoyed a social mobility and performance advantage. Taylor (2010) further indicated that the socio economic status was still the core indicator of student achievement as supported by the results in performance in the different school systems. The author noted the following results as conducted in a national socio-economic status, Schools which did not perform satisfactorily had not completed their curriculum coverage which in turn affected the learning capability of the students but this could be due to the learning shortfall from prior years which in turn slows the curriculum coverage. Math and Science teachers were tested in a simple maths test and the deficient teachers scored 40% or less, those with higher marks produced students who performed better in Maths and Science, these results showed the importance of teacher knowledge and experience to the student achievement. Taylor (2010) noted that the more materials were available as well the better the student performed, which concludes the point that schools which are properly managed produces better student achievement. 2.2.3 Curriculum content Although the change in curriculum by the Department of Education (2008) was an excellent initiative in terms of rendering Maths education non-negotiable, adding Maths Literacy as a mathematical wing has caused a nationwide debate The question is what is meant by mathematics in the concept of Maths literacy and the use of the word Literacy in conjunction with Maths (Vithal Bishop, 2011). Looking at the factors that contributed to the poor performance in Maths and Science, the question that arose in regards to Maths literacy was whether Maths literacy was going to contribute to the knowledge required in a Maths economy or will this addition exert pressure on the system and subsequently on to the poor performance? Table 1 below illustrates the design of the competencies that the Department of Education aimed for with the Maths, Maths Literacy and Science Curricula. According to Simkins et al (2009) the alteration of the curriculum has added up to 60% to the mathematical instructional problem since Maths or Maths literacy have become compulsory with the new National Senior Certificate changes. The CDE noted that the introduction of Maths literacy has actually resulted in students, who would have qualified to study Maths with a successive pass enroll for Maths literacy instead. This means that South Africa is losing out in terms of potential Maths graduates into the Maths and Science system (Simkins et al., 2009). 2.2.3.1 The language issue According to the findings by Wildsmith-Cromarty Gordon (2009) dialect differences cause uncertainty in terms of what the terms mean and adds difficulty in comprehension, teachers preferred to have a standardized book in the language of instruction for Maths and Science and as well in the home language for ease of reference. Probyn (2009) stated in his finding that when home language was used in class, it increased the level of class participation. The author argues that the student need to cross borders in order to understand the information within the curriculum as the wording is written as if the reader is of the mother tongue, he further adds that learning in a second language infringes on the value system of the student. Probyn (2009) argued that the issue is that learners past experiences are entrenched in their cultural and traditional beliefs, norms and values. MATHS This curriculum is designed for those who intend to follow a career path requiring Maths, or those who are interested in the subject. The competencies aimed for include: 1. Mathematical process skills, such as making conjectures, proving assertions, and modeling situations; 2. Confident calculation, with and without calculators; 3. Manipulation of algebraic expressions; 4. Financial calculations; patterns and transformation of functions; 5. Two- and three-dimensional geometry and trigonometry; 6. Basic statistics and probability; 7. Differential calculus; sequences and series; 8. Solution of unseen mathematical problems; 9. Historical development of Maths in various cultures; 10. and use of technology in calculations, and the development of models. MATHS LITERACY Maths literacy is driven by the life-related applications of Maths. It enables learners to develop the ability and confidence to think numerically and spatially in order to interpret and critically analyse everyday situations, and solve problems. The competencies aimed for include: use of numbers to solve real-life problems; modelling of situations using suitable functions and graphic representation; description, representation, and analysis of shape in two and three dimensions using geometrical skills; critical engagement with the handling of data (statistics and probability), especially the manner in which these are encountered in the media; and use of technology in calculations. PHYSICAL SCIENCE Maths introduces a more extensive range of mathematical techniques, whereas Maths literacy Starts with real-life situations and develops a more limited range of techniques to deal with them. Physical science is divided into six core knowledge areas: 1. Matter and materials (integrated); 2. Systems (chemistry); 3. Change (chemistry); 4. Mechanics (Physics); 5. Waves, sound and light (physics) and electricity and magnetism (physics) Source: Simkins et al (2007. p.36) 2.2.4 State of government Dimmock (2011) undertook research in schooling policies, the author explored the development and investigated the consequence of the policies from the changing context of the central government in terms of school relationship. The author compared the policies of two contrasting countries, which had the best performing schools in terms of international assessments, Dimmock (2011) notes that the two policies are more different than similar in the context of cultural values, politics and economic situations influences but the results are satisfactory in the global context despite the differences. In relation to the study by Dimmock (2011) it is possible to establish that governmental intervention besides the context of the country can produce results which are adequate, as long as they adopt policies which incorporate the countrys culture, politics, and economical standing. South Africas involvement in terms of school relationship is questionable beyond the budgetary relationship where South Africa spent more than any other developing country in Africa yet 80% of the overall government spending was on personnel (Taylor, 2010). In a system where teachers are underpaid, the 80% is not justifiable. Simply there has been a lack of targeted investments in innovative solutions and a strong political commitment over a long period of time to change the social compositions of schools which is more important than school spending in educational achievement (Taylor Derekyu, 2009). Education increases productivity and the overall labour market, it develops the ability to innovate and aids in the transmission of critical knowledge for the development of the country. The South African government requires this productivity, labour market and innovation in order to further transform the social compositions of schools, hence without the investment in the school relationships, the government will still lack the resources to innovate (Taylor Derekyu, 2009). 2.3 Economic impact 2.3.1 South African economy 2.3.2 China 2.3.3 Brazil 2.4 Success determinants Ndlovu (2011 as cited by Gipps, 1993:40) stated that in terms of Maths and Science education for social justice it should be structured in a way that the teacher is trained to be capable of creating learners who are able to analyze situations, conceptualize and justify critical decisions and so forth. Chipaike (2012) further stated that science formed part of the social environment and connected issues of social development; the author noted that science is not merely about manipulation of equipment and laboratory experimentation. It is about education for social development. Social development is laden not only with concepts but also skills and values such as the development of human potential, moral, cultural and gender sensitivity, participatory democracy, collaboration, unity and peace (Chipaike, 2012). Ndlovu (2011) commented that without Maths and Science, inequality in terms of opportunities and social isolation are exacerbated as Maths and Science enforces citizenship empower ment. Hickling-Hudson (2004) stated that in Cuba which has a dedicated programme to develop teachers in Maths and Science education and has outperformed all the other Latin countries, the teachers have atleast a 5 year university degree, Master or PhD level, foreign exposure in terms of expertise and also receive consistent training. Dimmock (2011) argued that a school policy which has a designated segregation of talent is more likely to achieve excellence, in Singapore they have a specialist school in science and technology, which is endorsed by the government and allocated the cream of the crop in resources. CHAPTER 3: RESEARCH QUESTIONS 3.1 Introduction Education in South Africa specifically in Maths and Science has an underlying deep failure rate due to reasons lin

Friday, October 25, 2019

The Effects of World War II on Kurt Vonneguts Writing :: Biography Biographies Essays

The Effects of World War II on Kurt Vonnegut's Writing February 13, 1945: Dresden, Germany. War is raging across Europe. In a deep underground meat locker beneath Schlacthof-Funf, Slaughterhouse Five, 100 American prisoners and their six German guards feel the Earth move as Royal Air Force bombers lay wreckage to the city above. They can only hear the mass terror as the greatest slaughter in European history takes place, killing an estimated 135,000 civilians and destroying cathedrals, museums, parks, and even the zoo. In the morning, after the carnage has ended, the prisoners are put to work excavating bombed-out buildings to search for the dead. One of those Americans was none other than Private Kurt Vonnegut, Junior. Vonnegut's experiences in World War II were to haunt him the rest of his life, and were to feature prominently within his writing. Two of his novels, Mother Night and Slaughterhouse Five, take place almost entirely within Hitler's Germany. The latter is perhaps Vonnegut's most autobiographical work to date, the action occurring in and around Slaughterhouse Five, the very hellhole in which he toiled for his captors. The former is no doubt less autobiographical, but the main character certainly has many things in common with his creator: an American artist within Nazi Germany, doing what he felt was necessary to stay alive and to further his work. Mother Night, ironically, was not brought about as much by Vonnegut's exposure to the Nazis in Dresden, but more from his impressions and experiences in the mid-West during the Thirties, when American Nazis were rampant in Indianapolis and his own aunt encountered the new race laws of the German Germans, but it no doubt drew heavily upon his experiences at the hands of Nazi captors and his time spent in their land. Even in the stories that do not actively portray the

Thursday, October 24, 2019

Critically Analyse How the Government Debt Problems Essay

Introduction Since the Greece’s debt crisis happened, the Euro zone has to confront with a huge sovereign debt crisis, like governments’ debt increased, bond yield spreads widened, Euro exchange rate fell as well, which caused that the whole international financial markets gradually lost the confidence. The purpose of this essay is to discuss the impact of this crisis both on foreign exchange and derivative markets. And the rest words is to analyse several possible reasons why this small economy could trigger such a wide impact on global financial markets, in which contagion can be considered as the fundamental and identifiable cause during the whole spread of crisis. The Impacts of European sovereign debt crisis Foreign exchange Foreign exchange market, as the largest and the most liquid financial market, with an average daily trading volume of nearly $1.5 trillion changing hands where statistically it is superior to all US equity and Treasure markets combined (Michelle Chan, 2011), was expectedly deteriorated as well as fluctuated by the ongoing European debt sovereign crisis since 2008. On one hand, the foreign exchange market reflected considerable stress under the lingering European debt crisis. On the basis of the Financial markets Stability Map(Graph1), apparently, financial markets, particularly the foreign exchange market continued to be weaker and experienced the heightened volatility. This weakness is shown in the graph1 that risks successively increase as the movement gradually moves away from the map center. Dissimilarly, risks in the rest of three components of the financial markets stability map, banking sector funding, debt and equity markets remained largely stable as well as unchanged, compared with the foreign exchange market. Generally to say, as indicated by the trends in the Financial Stability Map, the overall stability of the financial system kept in a robust development. Graph1 Financial Stability Map [pic] Source: Bloomberg On another hand, the foreign exchange rate was deeply influenced as well, particularly the depreciation of the Euro was more prominent against non-European currencies, such as yen, the USD and the GBP, as non-European currencies was coinstantaneously affected by spillover effects from the euro-zone. According to the graph2, the euro has depreciated against the USD and Japanese yen by around 25 percent since the late 2011, but by approximately 4 to 8 percent against the UK pound. Overall, the euro has depreciated by 8 percent on a trade-weighted basis (TWI) since the mid 2011, fluctuating around its average index. Graph 2 Euro against Selected Currencies [pic] Source: Bloomberg; RBA On the contrary, according to the Graph3, the Japanese yen had been depreciated slightly and modestly against the USD from its nearest highest rate in late November 2011. Generally to say, the yen was smoothly unchanged against the US dollar during the time period of six mouths. Nevertheless, the yen has appreciated by 7 percent against the euro since late 2011, reaching a highest level during past 11 years at the beginning of 2012. Reflecting this in the graph2, Japan’s nominal trade-weighted index (TWI) has recovered to historically high levels, though it remains only above its long-run average in real term (Reserve Bank of Australia, 2012). Graph 3 Japanese Effective Exchange Rates [pic] Sourceï ¼Å¡ BIS; RBA As for the USD, it was appreciated extremely strongly against the euro since late November 2011, seen in the Graph4, but depreciated against other foreign currencies. Concerning the trade-weighted index (TWI), the USD was mostly unchanged since 2011. Graph 4 US Dollar against Selected Currencies [pic] Source: Bloomberg Oppositely, after fluctuational depreciating during the past few months, several emerging market currencies have appreciated since the beginning of 2012(Graph5). However, as the continuous concerns about spillover effects from the euro area debt crisis, emerging European currencies remained relatively weak nowadays. Graph5 Emerging Market Currencies [pic] Sources: Bloomberg; IMF; RBA Derivative Market In 2001, in order to enter European Union, Greece referred the U.S. Goldman Sachs to design the currency swaps, which facilitated Greece join the European union. Nevertheless after predicting the prospects of the Greek economy, Goldman bought German CDS credit default swap insurance and gambled that Greek could not afford such a large sum of payment of insurance that purchased the cheap CDS. When Greece debt broke out, distribute the bad news of the Greece’s pay ability to increase the price of CDS and earn the price differences. With the emergence of European debt crisis, the credit rating of some countries like Greece, Portugal, Ireland and Spain had been downgraded in term of there sovereign credit, which means the international markets would no longer trust these economical situation and credit rating levels. As a result,most of potential buyers and sellers of bonds in the sovereign debt market began to suspect the governments’ ability to repay its debt, and then they will require a higher bond discount rate in the potential risk of default about sovereign bond as the part of the compensation of risk premium. When the discount rate significantly exceeds the risk-free rate, the national debt will be in a rather high discount rate. In addition, the CDS price of the European countries increased rapidly. As we saw from the graph6, the Greece five years CDS price had reached to almost 1500, which reflects the buyer of the CDS have to cost a relatively higher fix rate to buy the Greece’s credit ri sk call option. Graph 6 5 years’ Sovereign CDS risk premium and Sovereign credit rating in different countries. [pic] Source: Bloomberg Another impact on derivation market is the Futures and Options. Traders and hedge funds had bet nearly $8bn ( £5.1bn) to against the euro, amassing the biggest ever short position in the single currency on fears of a euro-zone debt crisis. Figures from CME(Chicago Mercantile Exchange) illustrates that investors had enhanced their positions against the euro to record levels. This phenomena demonstrates that investors were losing confidence in the single currency’s ability to withstand any contagion from Greece’s budget problems affecting other European countries(Financial Time, 2010). Additionally, European debt crisis aggravated as the Moody turn 17 German banks rating outlook to negative on the 25th of July. The bear have the advantage in the Futures and Options market. How does the European debt crisis transmission Since the Greece was downgraded by credit rating companies, European sovereign debt crisis broke out and then intensified across the euro-zone. Other European countries like Belgium, Portugal, Spain and Italy. Germany and other primary euro-zone countries had begun to be impacted by such an unavoidable crisis(Graph 7), simultaneously the euro fell sharply. With European stock markets at rock bottom, the euro area was experiencing the most severe difficulty since its inauguration. Whist the debt crisis was unexpected expanded. As to how and why this small economies could trigger such a wide impact in financial markets, it must be the financial contagion. Graph 7 How sovereign debit crisis could spread through the Euro-zone [pic] The inter-contagion within a country could be considered as an essential cause that triggered such a wide impact in financial markets. The interconnectedness means that a crisis in one can cripple the other (Daniel and Harold, 2012). As European banks are much more deeply connected to their individual governments, euro-zone banks naturally hold large shares of their governments’ debt, like in Greece and Germany, domestic banks hold nearly 20 percent of domestic government debt, and Spanish banks hold around 30 percent (Silvia and John, 2012). So look, other financial domestic institutions may hold much domestic debt as well, such as insurance companies. Government. Spain exemplifies contagion spreading from banks to government. Spain’s banks were loaded with mortgages that went bad when the country’s housing bubble popped. Despite modest debt and budget surpluses in six of the seven years preceding the crisis (World Bank, 2007), the band crisis caused the governm ent to lose control of its financing. Generally to say, government risk could affect banks, otherwise, if banks fail, the government’s bond market customers are bankrupt (The Heritage Foundation, 2012). And moreover, with the momentum of the globalization, the world economy is becoming tightly linked, like non-euro countries’ governments or banks hold the European bonds. It means that problems in one part of the world can reverberate almost everywhere else-risking a cascade of default contagion, contracting credit and collapsing economic activity. For example, in October 2011, Italian borrowers owed French banks $366 billion (net). Should Italy be unable to finance itself, the French banking system and economy could come under significant pressure, which in turn would affect France’s creditors(Seth et al., 2011). Greece, for instance, its debt is held by a host of other EU members. Once it defaults, the ripple effect for the economy as a whole would be devastating across the region, probably the world. The statistics from the IMF illustrated that the German banks held Greek government bonds up to totaling $ 14.1 billion and $ 13.4 billion was held by French banking ind ustry. And also the China holds nearly 600 billion Euros of the European bonds. So if the debtor countries cannot pay the money on time ,not only itself but also these creditor will under a huge financial pressure. This is simply showed by the MF Global who is the biggest victims in the European debt crisis that Global voted to file for bankruptcy. The main reason why MF Global got into financial trouble is because it bought over 6 billion U.S. dollars in European sovereign debt, mainly related to the national debt of countries like Italy, Spain, Portugal, Ireland and Belgium. Finally, European debt crisis have the first victims outside the region of the Europe. Thus,the connection each economic system makes the risk contagious simply. Apart from those mentioned above, an alternative way for this crisis transmission is the relation among correlation coefficients in the conditional correlation model (DCC),which may be related to herding behaviour, specially the rating agency continually reduced euro-zone counties’ grades and as well as influences formed the short-selling speculators.Some studies estimated a dynamic conditional correlation model (DCC) in order to analyse the correlation structure of Greek, Portuguese, Spanish, Italian, Dutch, Belgian and Austrian bond yield spreads over the German yield to study contagion in the Euro Area. In particular, Portuguese, Spanish, Italian and Belgian yield spreads do increase along with their Greek counterpart. Thus it seems that Greek financial problems could spread via contagion to other Euro Area countries. As European counties are related, if it is more likely for similarly bad rated countries to sustain a rating cut once Greek was downgraded, then for such countries the control variable should have a positive impact on the correlation coefficients(Sebastian and Sebastian, 2011). Therefore in terms of European debt crisis, contagion occurs when investors believe that other countries, in addition to the original country facing economic crisis, pose a risk of finance loss and act accordingly(Lia Menà ©nde, 2012). And according to the Herd Instinctï ¼Å'other European countries, to some extend, would be influenced,particularly for those counties who had been facing such problems. Due to the European sovereign debt crisis not only impacted the bond market, the equity market, money market and foreign exchange market, even the whole world was also affected. As all the country has International Reserves, Gold Reserves and Foreign Exchange Reserves, it can be evidently reflected that a bigger concern would be jitters over if sovereign debt become less focused on euro-zone and more global. As the stock price declined, and the euro devaluated, Europe’s crisis will no longer be Europe’ s along. It would affect the global trade balances even. Conclusion Since the early 2010, the Euro Area faced a severe sovereign debt crisis, resulting from government deficits and debt levels which triggered rating agencies subsequently to downgrade the credit ratings of nine euro area sovereigns, thereby creating a loss of confidence in financial markets. Learning from this crisis, bank should increase their capital to counteract the loss and passive influences of the crisis. And meanwhile, governments need to broaden revenue and strengthen the budget management, as well as control the government debt reasonably, particularly, investors’ confidence should be reactuated urgently. Reference [1] Chan, M. (2011) Robin Hood Meets Wall Street (online). Poole: Friends of the Earth. Available from: http://www.foe.org/news/archives/2011-02-robin-hood-meets-wall-street (Accessed 22 Feb 2011). [2] Reserve Bank Of Australia(2012). Statement on Monetary Police (online). Available from: http://www.rba.gov.au/publications/smp/2012/feb/html/intl-fx-mkts.html (Assessed 9 August 2012). [3] Financial Time,2010:’raders in record bet against the euro’ (online)Available from:http://www.ft.com/cms/s/0/9203f08c-151a-11df-ad58-00144feab49a.html#axzz2BOITU3eG [4] Daniel, W. and Harold, H. (2012). Spain’s Banks, Government Co-Dependent on Debt . Associated Press. June 25, 2012. Available from:http://www.sfgate.com/business/article/Spain-s-banks-government-co-dependent-on-debt-3660227.php (Accessed June 26, 2012) [5] Silvia Merler and John Pisani-Ferry (2012), Who’s Afraid of Sovereign Bonds?†Bruegel Policy Contribution. No. 2012/02, February 2012. Available from: http://docs.jean-jaures.net/NL470/21.pdf (Accessed June 26, 2012). [6] World Bank, World Development Indicators. Cash Surplus/Deficit as % of GDP 2001–2007. [7] Furth, S. and Ligon, J. L. (2012) How Contagious Is Europe’s Economic Crisis? Backgrounder (online), No.2726. Available from: http://report.heritage.org/bg2726 (Accessed 18 Sep. 2012). [8] Seth W. Feaster; Nelson D. Schwartz; Tom Kuntz (2011-10-22). â€Å"NYT-It’s All Connected-A Spectators Guide to the Euro Crisis†. New York Times Available from: http://www.nytimes.com/imagepages/2011/10/22/opinion/20111023_DATAPOINTS.html?ref=sunday-review. Retrieved 2012-05-14. [9] Sebastian Missio;Sebastian Watzka,(2011-08-31).†Financial Contagion and the European Debt Crisis†Journal of Economic Literature, E43, E44, E63. p2. [10] Menà ©ndez, L.(2012). The spread of the European Sovereign Debt Crisis(online). Available from: https://docs.google.com/viewer?a=v&q=cache:IaD0olBUZ2kJ:ebook.law.uiowa.edu/ebook/sites/default/files/Spread%2520of%2520the%2520European%2520Sovereign%2520Debt%2520Crisis.pdf+The+spread+of+the+European+Sovereign+Debt+Crisis&hl=zh-CN&