3 Causes of Deindustrialization

3 Causes of Deindustrialization Deindustrialization is the process by which manufacturing declines in a society or region as a proportion of total economic activity. It is the opposite of industrialization, and therefore sometimes represents a step backward in the growth of a society’s economy. Causes of Deindustrialization There are a number of reasons why a society might experience a reduction in manufacturing and other heavy industry. A consistent decline in employment in manufacturing, due to social conditions that make such activity impossible (states of war or environmental upheaval). Manufacturing requires access to natural resources and raw materials, without which production would be impossible. At the same time, the rise of industrial activity has done great harm to the very natural resources on which industry depends. In China, for example, industrial activity is responsible for record levels of water depletion and pollution, and in 2014 more than a quarter of the countrys key rivers were deemed unfit for human contact. The consequences of this environmental degradation are making it more difficult for China to sustain its industrial output. The same is happening in other parts of the world where pollution is on the rise.A shift from manufacturing to service sectors of the economy. As countries develop, manufacturing often declines as production is shifted to trading partners where the costs of labor are l ower. This is what happened to the garment industry in the United States. According to a 2016 report by the Bureau of Labor Statistics, apparel experienced the largest decrease among all manufacturing industries with a decrease of 85 percent [over the last 25 years]. Americans are still buying as many clothes as ever, but most apparel companies have moved production overseas. The result is a relative shift in employment from the manufacturing sector to the service sector. A trade deficit whose effects preclude investment in manufacturing. When a country purchases more goods than it sells, it experiences a trade imbalance, which can reduce the resources needed to support domestic manufacturing and other production. In most cases, the trade deficit must become severe before it begins to have a negative effect on manufacturing. Is Deindustrialization Always a Negative? It is easy to view deindustrialization as the result of a suffering economy. In some cases, though, the phenomenon is actually the result of a maturing economy. In the United States, for example, the â€Å"jobless recovery† from the financial crisis of 2008 resulted in deindustrialization without an actual decline in economic activity. Economists Christos Pitelis and Nicholas Antonakis suggest that improved productivity in manufacturing (due to new technology and other efficiencies) leads to a reduction in the cost of goods; these goods then make up a smaller relative portion of the economy in terms of overall GDP. In other words, deindustrialization is not always what it looks like. An apparent reduction may in fact just be the result of increased productivity relative to other economic sectors. Similarly, changes in the economy like those brought about by free trade agreements may lead to a decline in domestic manufacturing. However, these changes usually have no adverse effects on the health of multinational corporations with the resources to outsource manufacturing.

Basics On Keats Essay Example For Students

Basics On Keats Essay -John Keats was born in 1795 and died in 1821-John Keats was born in Moorfield, England-John Keats had two brothers, George and Tom, and a sister Fanny-At the age of 23, John Keats saw his brother die of tuberculosis-John Keats was under five feet tall but he liked to fight, often getting into fights with men over a foot taller than himself-At the age of 26 John Keats died of tuberculosis-John Keats lost his father at the age of 8 and his mother when he was 14-Few famous poets have been more famous for their misfortunes than John Keats-John had studied to become a surgeon but eventually abandoned the profession of medicine for poetry-John Keats most famous work is the brilliant Ode to a Nightingale which he wrote on a warm and beautiful day in 1819-John Keats was a major figure in the Romantic movement-Keatss first published poems appeared in 1816 in the Examiner-Keatss first volume of poems was published in 1817. It attracted some good reviews, but these were followed by the first o f several harsh attacks by the influential Blackwoods Magazine. -At the age of 23, Keats fell in love with a beautiful young lady named Fanny BrawneBook Reports

INTERMED MACROECON Essay Example | Topics and Well Written Essays - 1750 words

INTERMED MACROECON - Essay Example It basically measures output and thus is a totally different concept from GDY (Gross Domestic Income) because the latter measures incomes. Also, only domestic production is counted in GDP and no foreign or abroad output. The calculation of GDP is facilitated by the use of price indices whereby current prices are measured against the price of a base year and thus, changes in the level of output are measured every year. Output and GDP changes are positively correlated. GDP is not directly impacted by a change in the level of prices and interest rates but indirectly, they bring about changes in employment levels and therefore, GDP is indirectly affected by these variables. APE (Aggregate Planned Expenditure) APE is the measure of total goods and services demanded by all the sectors in a country. Because it is the demand which creates GDP in domestic market, APE in reality also includes foreign imports which tend to increase the APE. In order to arrive at the actual APE, all imports (F) are subtracted from the sum total of household consumption (C), business investment (I), government purchases (G) and exports (X). Mathematically, it is denoted by the following formula: APE= C + I + G + X –F Variables affecting the APE are GDP and the interest rate levels. For GDP, the change is positive, strong and quick while for interest rates, it is slow, negative and weak. However, APE is not directly affected by price level changes. ASF (Aggregate Supply of Funding) To measure and define ASF, it is first essential to understand the meaning of velocity of money (V). V is the number of time a dollar is used to purchase goods or services within a year. Also, funds in a country can be categorized in currency and coins (CC) and checking account balances (CA), the sum of which gives us the money supply (M). While M increases with the increase in bank lending, V increases with the increase in non-bank lending. As such, ASF comes out to be: ASF= (M * V) / p where p= price inde x Consequently, change in ASF is directly proportional to a change in interest rates while it is inversely proportional to change in price levels. ADF (Aggregate Demand for Funding) Concept of ADF creeps in when we establish equality between APE and GDP. In case of APE almost equal to GDP, ASF supports the funding of production as well as sales. However, when APE is less than GDP, producers and businessmen need additional revenues to compensate their bills and costs. It thus follows that ADF equals APE when APE equals GDP. However, ADF equals GDP when APE < GDP. Chapter 2 Plotting GDP on a graph When plotting the macroeconomics variables of GDP, APE, ASF and ADF, the vertical axis is the interest rate level (i) and the other three are shown on the horizontal axis. Since interest rate level has no direct impact upon GDP level, the GDP line goes vertical unaffected. It just moves right or left by the amount of change in GDP. Adding APE to the graph To plot APE line on the graph, use o f the following formula is done which has already been discussed above: APE= a + b (GDY) – ci. The slope of the APE line is always to the left and upwards because rise in interest rates signifies fall in APE. Another line called IS which is not a measuring unit, depicts all the combination of interest rate levels and GDP at which GDP equals APE. The Macroeconomic Coordination Process tends the three lines to intersect at common points whether they shift to the right or left

Beautyism in the Workplace Essay Example | Topics and Well Written Essays - 1750 words

Beautyism in the Workplace - Essay Example The phenomenon thrives on the assumption that the physical appeal of a candidate supersedes knowledge, value and anything personable. It has become a socially accepted behavior that now defines subsequent human resource department processes such as performance appraisal and promotions. Potential Discriminatory Effects of Beautyism on Hiring In WorkplaceBeautyism reduces the job opportunities for certain individuals in the workplace (Gilliland, Steiner & Skarlicki, 2007). The hiring standards are based on the physical attraction of a person other than the qualifications they have for the job. Consequently, the diversity of the workplace becomes upset because the hiring process is limits the pool of the prospective candidates who might have qualified for the job. Individuals who are physically attractive enjoy more job prospects because they are assumed to be intelligent and successful at the expense of the unattractive lot.   A person loses out on a job because he or she did not imp ress the hiring managers. The process becomes the highest order of injustice. Beautyism results to gender-based discrimination in the workplace. There are departments that prefer a particular gender to assume roles and responsibilities (York, Tyler, Tyler & Gugel, 2008). For example, public relations, marketing and reception departments base their prospective candidacy on physical attractive. The departments prefer female candidates over male because the female lot is presentable to the clientele than the male.

The Anglo-Saxon poems, The Wanderer, The Seafarer, and The Wife’s Lamen

The Anglo-Saxon poems, â€Å"The Wanderer,† â€Å"The Seafarer,† and â€Å"The Wife’s Lament† The Old English, or Anglo-Saxon, era of England lasted from about 450-1066 A.D. The tribes from Germany that conquered Britain in the fifth century carried with them both the Old English language and a detailed poetic tradition. The tradition included alliteration, stressed and unstressed syllables, but more importantly, the poetry was usually mournful, reflecting on suffering and loss.1These sorrowful poems from the Anglo Saxon time period are mimetic to the Anglo-Saxons themselves; they reflect the often burdened and miserable lives and times of the people who created them. The Anglo-Saxon poems, â€Å"The Wanderer,† â€Å"The Seafarer,† and â€Å"The Wife’s Lament,† are three examples how literature is mimetic, for they capture the culture’s heroic beliefs of Fame and Fate, the culture’s societal structure, and religious struggle of the Old English time period: making the transition from paganism to Christianity. In order to understand how these poems mirror the Anglo-Saxons’ lives, one must know a little history about the culture. In the fifth century, the inhabitants of the island of Britain hired German mercenaries to defend them against their warring neighbors, the Picts and the Scots. 2 After having defeated the enemies, the pagan Angles, or Saxons, revolted against their former allies, the Britons, killing everyone, no matter what their status or occupation, destroyed towns and buildings, and drove out Christianity, the Britons’ religion. The conquerors were Angles, Saxons, Jutes, Franks, and Frisians, but they all had a similar culture so they became known as Anglo-Saxons. 3 Anglo-Saxons set up Germanic kingdoms, each one ruled by a lord. In the... ...Norton & Company, 1975. B. Journal Articles Bruce, Alex. â€Å"Exploring the Soul: The Wanderer’s Search for Meaning.† Matheliende. Volume III, Number I (Fall, 1995). http://parallel.park.uga.edu/~abruce/mathiii1.html C. Web Sites Anglo-Saxon England. Internet WWW page, at URL: http://encarta.msn.com/find/concise.asp?ti=761572205&sid=26#s26 Anglo-Saxon Life—Kinship and Lordship. Internet WWW page, at URL: http://www.britainexpress.com/History/anglo-saxon_life-kinship_and_lordship The Anglo-Saxon Period. Internet WWW pate, at URL: http://www.geocities.com/Athens/Academy/3878/Saxon.html English Literature. Internet WWW page, at URL: http://encarta.msn.com/find/Concise.asp?z=1&pg=2&ti=761558048 St. Vede, Ecclesiastical History of the English People. Internet WWW page at URL: http://www.ocf.org/OrthodoxPage/reading/St.Pachomius/bede1_15.html

Ernest Hemingway Essay

Ernest Hemingway is one of the writers that define American Literature. Although he accomplished much in reputation and status due to his novel, his most celebrated works have always been his short stories. His short stories, which are known for their simple language and artful prose, are often seen as a reflection of his life. It can indeed be seen through several of the plots he penned that he was drawing out his own life experiences such as his portrayal of himself as a macho man, his relationship with the women in his life, war and death and of course alcohol. Noting this Martin Scofield rightly states, â€Å"the personal experience on which he frequently drew directly in his writing was full of confusing tension and conflict – between masculine and feminine elements in his personality, between admiration for the physical courage and a growing disillusion with violence, and between the optimism of youth and physical energy, and the inevitable depredation of old age and death. In his short stories we see vividly developed snapshots of turmoil, precise delineations of individual fragments of disparate experience.† (Scofield 139). The kind of heroes that the author went to write about in his book were a direct reflection of the kind of man he wanted to be. The male protagonist has an aura of dignity and an unwavering integrity about them. Compromise is not known to these characters in most instances. In fact both male and female characters that were created by Hemingway are more often than not, defiant of the society that they exist in and continually go against the societal norms and expectations. Hemingway was by nature a macho man. His life has shown us his indulgences in great adventures. The time he spent in wars, hunting and sport is reflected in several of his works. The kind of heroes Hemingway wrote about will probably not suffice today; torn soldiers, and death defying hunters, adventurers and bullfighters made up his works, but that these characters exhibited a personal code of honesty and decency. Harvey Claflin Mansfield rightly categorized the author’s personality in his book ‘Maniliness’, â€Å"Hemingway was a macho fellow and a seeker of adventure when coupled with fun†¦Ã¢â‚¬  (Mansfield 52). An example of this can be taken from his short story ‘Indian Camp,’ where the physician is neither concerned with his lack of anesthetic and equipment nor the screaming patient. In true alpha male mode, he goes onto deliver a child with a jack-knife.   His complete lack of interest in the women’s pain, which normally affects people, and the way he goes onto admire his work as though it was a non-living thing gives off a very sadistic and stereotypical macho essence. At the same time we can compare the physician’s character to the American Indian man who slit his throat and died during his wife’s giving birth. That man did not have the courage and strength to face the ordeal that his wife was going through, unlike the physician who seemed to think nothing of it. And like that Hemingway continuously writes about men that could stand up to things and endure things. The strength which he at times referred to ‘grace under pressure’ was reflective of the kind of man that does not succumb to his problems. His story of the bull fighter can also be seen as an example of this very thing, where the protagonist ignores injuries to enter battle. Explaining the development of the characters through the developments in Hemingway’s life, John Campbell noted, â€Å"In the 1920s, Hemingway began to develop a public role for himself in an attempt to show people how a writer acts when not writing. He became comfortable with this role and wrote essays for Esquire Magazine that reflected a person, outdoorsman image of a very physical man; he made a safari to Africa in the 1930s, killed big game, and so on. His male characters began to resemble this image and became more â€Å"Active† in the 1930s and 1940s. Readers often associate this macho image with Hemingway, but it is difficult to generalize about men in his work, since the early male characters are vulnerable and the later ones – more independent – have a sense of â€Å"toughness† strength and masculinity.†Ã‚   (Campbell 251) Hemingway wrote extensively throughout his career. One of the main recurring themes that can be seen in his short stories is that of war and death. He participated in the First World War as an ambulance driver under the Red Cross. It was during his term in Italy that he had his first love affair and was also injured. As a part of the Italian infantry he was awarded two decorations by the Italian government as well. It was his time here that he witnessed first hand the ruthlessness and stoic attitude of soldiers around him. Much of his observations later became part of his works. His time as a war correspondent in span also influenced his work. The events of the civil war that took place in Spain greatly affected him. â€Å"The Spanish civil war stories have two characteristics in common. The first-person narrator in all of them is obviously Hemingway himself, correspond dent, film-maker, raconteur, and famous personage. The second characteristic is that the real subject of all these stories, as well as the play, is the political nature of the conflict. Philips Rawlings, the main character in the ‘Fifth Column’ is also substantially autobiographical and the ‘girl,’ Dorothy Bridges, is clearly based on Martha Gellhorn, as is the girl in the story ‘Landscapes with Figures† (Donaldson 236). The stories are his version of events and how he saw the war. Most of the material is based on first hand information and as he experienced it. His short stories poignantly portrayed soldiers that left behind and lived with legacies of combat. In ‘Soldier’s Home,’ Krebs is the disillusioned veteran that comes back to home to find himself without a spiritual home. He is out of place, alienated from his family, religion and society. Hemingway’s examination of the war torn characters can also bee seen through Nick Adams. Some critiques have linked the short stories to a potential autobiographical connection and their thematic treatment to the various stages the characters go through i.e. Nick’s stages of recovery from his physical and psychological war wounds which mirror the one’s Hemingway suffered himself. It is Hemingway who in the third-person story supports the fundamental idea of Nick’s physical and spiritual recovery and renewal. It can be taken in view that writing was a form of catharsis for the author and through writing about his ordeal he managed to work through his anxiety of war (to an extent). We can see through the stories, glimpses of Hemingway’s own pain and anguish. When he returned from war ridden areas he was deeply affected. The effects of his experiences were heavy influences on his work and gave them a new sense of life. Hemingway had extremely turbulent relationships with the women in his life. His love stories are ruled by conflict between men and women whose lives are always stuck in some momentum of great tension and problems, or an extremely vivid change. He was married to four different women and was infamous for his multiple affairs. If one was to look at Hemingway’s life, one would notice that he lacked the will to stick to one woman. At some point and time breaking things off and moving on stopped giving him the guilt it once did and women became just a habit for him. His relationships with women affected his work a great deal; Paul Reuban went onto prove this in his work when he wrote that, â€Å"His [Hemingway’s] writing also reflected his trouble with relating to women and his tendency to treat them as objects, as he had four marriages and countless affairs, highlighting his theme of alienation and disconnection [in his work].† It was his guilt over women that led him to the bottle and subsequently drenched him in depression. He could not move past his guilt quickly enough before he moved onto the next woman. In his entire life he repeatedly cheated on all the women he was   with; it was a vicious cycle of finding love, breaking love by finding someone else, getting depressed over his actions, finding someone else to get out of the depression. An example of the effect that his love life had on his work can be seen in ‘Hills like White Elephants,’ which was written after Hemingway had cheated on his wife Hadley with her own friend Pauline Pfeiffer. When Hemingway asked for a divorce, Hadley placed a condition of a separation between him and Pfeiffer for a certain period of time; if he remained in love even after that time he was to be granted the divorce. It was during this period that he wrote the story. The biggest similarity between his life and the short story is that in either a family member or loved one was being separated. The story which centers on a conversation between a man and a woman show that the man is the authority. The poor communication skills between the two also reflect that their relationship might end. Perhaps Hemingway himself saw this as Hadley and himself which poor communication was ending up in the death of something that connected them, in the case of the characters this would be the unborn child. When in Italy, Hemingway had a love affair while he was wounded in this duration. The effects of this can be seen in his works as well. In ‘A very short story,’ the injured solider who is found on the Italian front has a love affair with a nurse who tended to him. Just like Hemingway himself who fell in love with Agnes Von Kurowsky. As the story goes, the nurse later leaves the solider for an Italian officer. â€Å"‘A very short story’ ranks as one of Hemingway’s least effective stories. Behind a pretense of objectivity, it excoriates the faithless Agnes. Even four years after the jilting, he was too close to his subject matter to achieve the requisite artistic distance†¦ twice again he explored the subject of love between a wounded soldier and his nurse†¦Ã¢â‚¬  (Beegal 105). Throughout his work it will be seen that he advocates the kind of courage in the world where men must survive without women, which goes against the work itself because it is based largely on this mother, sisters, wives, lovers etc. Hemingway’s works paved way for an entirely new genre of writing. He used plain simple language to give voice to his stories. Much of his work, when it comes to short stories, is greatly influenced by his life and it can be seen through the various example given herewith, how his life was a muse to him. His relationships with women and subsequently alcohol, his experiences at war and the death that he saw, and his ideas on masculinity and manhood were some of the basic ideas that he infused with his writings to form the basis of many of his stories. Hemingway may have been gifted but he very conflicts that he tried to work out through his writings, and the very tensions that he wrote about, subsequently became the reason he took his own life.

The Death Penalty in the United States