Jane Eyre, by Charlotte Brontë - 1740 Words

The Victorian Era encompassed a time of great discrepancy between the sexes, especially for women. The polarization of gender roles reflected on a basis of gender sexuality where men and women were granted certain advantages and disadvantages. Women were expected to realize a specific position in society based on morals of submission, passivity, and a complete lack of selfishness and independence. Constrictive notions such as these prevent individual expression and expansion. Therefore, while struggling to fill the pre-conceived expectancies of society, one forces true desires and happiness to pass as a scant priority. Charlotte Brontà «s Victorian novel, Jane Eyre, explores the significance of individual fulfillment in an oppressive†¦show more content†¦Jane Eyre’s second home at Lowood spans a period of eight years during the beginning of which she continues to face an inner battle between passion and reason. Still a young girl, Jane is unable to comprehend the lac k for insubordination. This perpetuates when Mr. Brocklehurst denounces her in front of the school: †¦It becomes my duty to warn you that this girl, who might be one of God’s own lambs, is a little castaway—not a member of the true flock, but evidently an interloper and an alien. You must be on your guard against her; you must shun her example—if necessary, avoid her company, exclude her from your sports, and shut her out from your converse. (Brontà « 67) Once again, Jane is unfairly judged and it appears to her that the new life she seeks is long gone. She’s labeled as the outcast, similar to the way she’s treated at Gateshead. (Moseley 3) Jane is stricken; however, Helen Burns assuages the pain. Jane’s friendship with Helen Burns plays a crucial role in controlling her zealous manner. Helen is the archetype of a pure-hearted, caring person with genuine intentions. Her ability to withstand unfair treatment while she maintains her composure provides a role model for Jane to look up to. It’s this persona that Jane desperately needs at this point in her life, especially following the humiliation by Mr. Brocklehurst concerning her fate at Lowood. She teaches Jane the importance of self-control andShow MoreRelatedJane Eyre By Charlotte Bronte1601 Words   |  7 Pagesfeminist, one must see it through the lens of the time and place Brontà « wrote it. Charlotte Brontà «Ã¢â‚¬â„¢s Jane Eyre was a feminist work i n that Bronte expressed disdain for oppressive gender structures through the voice of Jane Eyre, and the actions of Bertha Mason. Jane Eyre was a steamy novel for its time, with imagery as blatantly concealed as Jane’s description of Rochester’s hand as being â€Å"rounded, muscular; and vigorous†¦long, strong†¦Ã¢â‚¬  (Brontà « 312) A modern reader might blush at the description and itsRead MoreJane Eyre By Charlotte Bronte1437 Words   |  6 Pagestools that depict history. One great work of art that portrays these constant struggles is Jane Eyre by Charlotte Brontà «. While addressing social issues of a governess, Brontà « also tackles Victorian society’s corrupt and unjust ideals by using different settings and characters such as Mr. Rochester and Gateshead Manor. In Jane Eyre, the depiction of a rigid social class restricts the protagonist, Jane Eyre, from marrying her love, Mr. Rochester. Sadly, Jane’s relationship is also jeopardized by passionRead MoreJane Eyre By Charlotte Bronte1374 Words   |  6 PagesJane Eyre by Charlotte Bronte Within the specter of the Gothic fictions arises the atmosphere of gloom, terror, and mystery with some elements of uncanny challenging reality. One major characteristic function of the Gothic fictions is to open the fiction to the realm of the irrational and perverse narratives, obsessions, and nightmarish terrors that hide beneath the literally civilized mindset in order to demonstrate the presence of the uncanny existing in the world known rationally through experienceRead MoreJane Eyre by Charlotte Bronte781 Words   |  3 PagesThrough her trials and tribulations, Charlotte Bronte has kept her passion for poetry alive and remains as one of the most influential British poets of all times. Even though she is one of the most famous female writers of all times, she is mostly famous for her most popular novel Jane Eyre. Charlotte Bronte has experienced more tragedy in her life than happiness by losing her mother and all five of her siblings. But, in her moments of tragedy, she expre ssed her feelings through poetry. As a resultRead MoreJane Eyre, By Charlotte Bronte949 Words   |  4 PagesSurrounded by witnesses, Jane stands in front of the minister, poised to take her marital vows as the mystery of Thornfield unravels. Unbeknownst to her, Rochester’s actual wife, Bertha Mason, is within close proximity.The knowledge of Bertha, and the mystery, will pose as a test to Jane s morals and her character. Through Jane Eyre, a powerful Victorian-era novel, Charlotte Bronte portrays the role of women in Victorian society while masterfully solidifying Jane’s role as its polar opposite: anRead MoreJane Eyre By Charlotte Bronte1714 Words   |  7 Pages Jane Eyre by Charlotte Brà ¶nte voiced the radical opinions of Brà ¶nte on religion, gender, and social class. Jane Eyre, a young orphan who lived with her vituperative aunt and cousins, strayed away from the Victorian ideals of a woman and established a new status for herself. Jane Eyre was originally written in 1827 and was heavily influenced by the late gothic literature of the 19th century. Gothic literary aspects such as supernatural occurrences, mysteries and dark secrets, madness and dangerRead MoreJane Eyre, By Charlotte Bronte1620 Words   |  7 PagesIt is often said that it is the role of literature to challenge and confront the conventional values of a society. In the novel, Jane Eyre, by Charlotte Bronte the idea of challenging and confronting conventional values is stressed often. Perhaps it is in relation to the author herself, as seen in the autobiographical elements recognizable throughout the novel. Some of these autobiographical elements include the form of which the novel is written in, called Bildungsroman where the story is focusedRead MoreJane Eyre By Charlotte Bronte1203 Words   |  5 PagesThe nineteenth-century Jane Eyre by Charlotte Bronte is considered to be a gothic novel. Gothic literature took place mostly in England from 1790 to 1830, falling in to the category of Romantic literature. The Gothic takes its roots from previous horrifying writing that extends back to the Middle Ages and can still be found in writings today by many authors including Charlotte Bronte. The strong description of horror, abuse, and gruesomeness in Gothic novels reveals truths to readers through realisticRead MoreJane Eyre, By Charlotte Bronte929 Words   |  4 PagesIn Jane Eyre, by Charlotte Brontà « explores how Jane wants to find love--not just romantic love but to value and sense of belonging. The book challenges how the language of middle-class love affects the way a character’s self-identity can alter the action, how Jane sees herself later when she found love and sense of belonging as independent women. When Jane was a child she struggles to find her own identity Jane begins to change through her journey once she realizes her own identity and this helpsRead MoreJane Eyre By Charlotte Bronte1359 Words   |  6 PagesFollowing the ex periences of Jane Eyre, Charlotte Bronte, expresses many elements of gothic literature throughout her novel Jane Eyre. In her perfect understanding of gothic literature, she expresses the three types of evil commonly found in gothic literature, including the evil of the supernatural, the evil within or the instinctual evil motives of humans, and lastly, the evil because of societal influence. Jane Eyre experiences all of these three evils with her aunt and three cousins with her residency

Native Americans During America s Gilded Age - 1788 Words

During America’s Gilded Age, a drastic change in the west transpired. While many Native Americans had already endured profound changes, their freedom was about to become nearly extinct. It was a time in which they called the Second Industrial Revolution. There was an ample amount of natural resources and a development in the market for manufactured goods. Railroad companies flourished and alas, Indian removal was imperative in obtaining land for laborers and miners (Foner, Give Me Liberty!, p.477). As Americans wanted to take their land, they also wanted to strip Native Americans of their culture. The federal government strived in trying to civilize them, so The Bureau of Indian Affairs created boarding schools all over the west in the 1870s. These schools were for Native American children of all ages. The goal was complete â€Å"assimilation† (Mabalon, 9/9/15). The children were forced to dress differently, they gained new names, and they were isolated from any cultura l influence. It was as though they were forced to give up tradition. It caused them to start having hatred towards their culture and to be ashamed of themselves. Native Americans lost their values and their freedom almost completely. They were essentially being taught how to be white capitalists. (Mabalon, 9/9/15). It wasn’t until after a long, painful struggle and resistance that they finally gained citizenship for all in 1924. Even then, there was still a great way to go until the Native Americans were able toShow MoreRelatedThe Progressive Era Of The Gilded Age1455 Words   |  6 PagesThroughout the progressive era there were many reform movements due to the abundance of political, social, and economical corruption in America in the gilded age as seen by political machines like William Marcy tweed and American financiers like J.P. Morgan. Some of the many issues that made themselves present in the gilded age include the large wealth gap, child labor, women’s lack of rights, influx of immigrants, Urbanization, Indian wars, monopolists, political machines, and alcoholism. All ofRead MoreEssay about Change and Continuity in the Guilded Age1194 Words   |  5 Pages Change and Continuity in the Gilded Age Emergence of Modern America nbsp;nbsp;nbsp;nbsp;nbsp; â€Å"Every day things change, but basically they stay the same.†-Dave Matthews Change and continuity are two major principles of life. They can easily be applied to history because their application accurately portrays the circumstances, and characterizes the era of interest. Merriam-Webster defines continuity as an uninterrupted connection, succession, or union, or an uninterruptedRead MoreThe United States And The Industrial Revolution1261 Words   |  6 Pagesof late nineteenth through early twentieth century, American civilization endured vast changes based on the western exploration of the country as well as the industrial revolution it had undertaken. The different genres of its people all endured hardships and historic changes from the times of the Native Americans being forced out of their lands, to changes in population with the amassing amount of immigrants and lack of jobs through the Gilded Age, all the way through the change of the United StatesRead MoreThe Progressive Era Of The Gilded Age1465 Words   |  6 PagesWith change comes consequences. Industrialization of the United States had indirectly tarnished the Gilded Age, and now that this era was coming to an end, reformers were left to clean up the mess. Hence, the Progressive era was born. The Progressive movement was based in the urban middle class and focused on the improvement of society, the economy, and politics. Yet, the movement was not unified. Each reform group of the era had a separate goal that they would focus on. Each president also hadRead MoreFrom The Reconstruction Era Through 1929 American Changed1441 Words   |  6 PagesFrom the Reconstruction Era through 1929 American changed drastically, economically, socially, and politically. The development of America’s society, economics, and politics is what defined America as a country. Of the three major ways that America developed from the Reconstruction era through 1929, the greatest catalyst for change was the economic developments because the rise and fall of the economy influenced both social and political developments. The development of America’s economy from theRead MoreThe Civil War And The Reconstruction Period Essay1496 Words   |  6 Pages Introduction: American Industrialization emerged from the ruins of the Civil War and the †¦ of the Reconstruction Period. Spurred by the new manufacturing technologies brought over from Great Britain, and the rest of Europe, factories and mills began emerging across the American landscape, slowly transforming the United States from an agrarian society to one increasingly industrialized and urbanized. From 1860-1900, the nation of rural towns, local crafts, family farms, and regional businessRead MoreWhy Jackie Robinson Was The First Pro Ball Player844 Words   |  4 PagesDuring the Gilded age many social class, racial walls and gender bias developed lines walls and boundaries for people. The funny thing about that is as new boundaries, walls and limitations were being built sports and the development of it broke them down or found new ways for the different genders and races to find ways to use sports as an outlet. Women were constantly fighting for their right to be involved in sports a nd pushing the limits as to what social norm deemed acceptable for them toRead MoreThe Gilded Age924 Words   |  4 Pagesera was called the Gilded Age, a time of immense growth in the United States in transportation, especially in railroads, American workers were paid higher wages than their peers in Europe. In this thirty year span the United States saw twelve million immigrants pass through her golden doors, 70% of these immigrants were English, Irish, and German. Crop failures (potato famine in Ireland), job shortages, and religious freedom were the motivations behind many immigrating to America. Newly arrived immigrantsRead MoreThe French Indian War And The American Colonization Of North America1326 Words   |  6 Pagesbut causing widespread sickness among the Native American population. The English asserted their own presence in the New World by creating colonies stretching up and down the eastern coast of North America. However, mostly due to issues and events in Europe, the British left the colonists to their own devices (salutary neglect) and they prospered until the French-Indian War (1754-1763). The spirit of independence cultivated in the American colonists during the past era was challenged by the heightenedRead MoreThe United States Identity During The Gilded Age1259 Words   |  6 PagesStates’ identity during the gilded age. Promises and dreams of having free land, your own freedom, and wealth for all people infatuate the nation and those who hear of the frontier; these myths created a â€Å"golden gilding â€Å" which masks the actual turmoil and issues in the United States. In 1863, historian, Frederick Jackson Turner lectured, â€Å"‘The Significance of the Frontier in American History,’ in which he argued that on the western frontier the distinctive qualities of American culture were forged:

Essay On Terrorism Example For Students

Essay On Terrorism As we are approaching the 21st century, it seems that terrorism is becoming another one of societys constant problems. It has reached to an extent that most of us have now become immune to it. We hear about the hijacking of different airplanes, kidnapping of diplomatic officers, slaughter of innocent civilians by other civilians and what do we do about it? Nothing. Due to some dirty fish, most of us do not protest anymore about passing our luggage through metal detectors and submitting to searches at airports. Some of us believe that terrorism is something that can not be controlled, just like poverty, discrimination and crime, which is just there. On the other hand, some experts believe that terrorism may be abolished if nations begin to follow a firm, non-tolerant approach taken by countries like ________. What do most terrorists really want? Well, terrorists in most instances first strike by doing something vicious like bombing an area, so that the government and the citizens of the country can be terrified of them. Then, they make their demands: _________, safe passage or release of their fellow terrorists. The media and the citizens then want the government to negotiate with their demands and give them whatever they want so that they can go away. The situation stated above is quite common and will only encourage further acts of terrorism. What can the government do to stop terrorism? *It can eliminate terrorism by showing the terrorists some action and retaliation as act of self-defense. *It can exert political pressure on nations that practice or support terrorism and refuse to trade with them. *It can refuse to sell these nations any kind of _________ and/or military devices. It can terminate ________ relations and close down their __________ in these nations. *Another response wo uld be using military action, which should not be ruled out in the case of hijacking of ships or planes. These steps may have some good affects on other nations and soon the rest shall follow them.

Skoda UKs management Essay Example

Skoda UKs management Essay This case study focuses on how Skoda UKs management built on all the areas of the strategic audit. The outcome of the SWOT analysis was a strategy for effective competition in the car industry. The audit provided a summary of the businesss overall strategic position by using a SWOT analysis. SWOT is an acronym which stands for: * Strengths the internal elements of the business that contribute to improvement and growth * Weaknesses the attributes that will hinder a business or make it vulnerable to failure Opportunities the external conditions that could enable future growth * Threats the external factors which could negatively affect the business. INTRODUCTION Skoda is a global brand offering a range of products in a highly competitive and fragmented market. The company must respond positively to internal and external issues to avoid losing sales and market share. A SWOT analysis brings order and structure to otherwise random information. The SWOT model helps managers to look int ernally as well as externally. The information derived from the analysis gives direction to the strategy.It highlights the key internal weaknesses in a business, it focuses on strengths and it alerts managers to opportunities and threats. Skoda was able to identify where it had strengths to compete. The structured review of internal and external factors helped transform Skoda UKs strategic direction. The case study shows how Skoda UK transformed its brand image in the eyes of potential customers and build its competitive edge over rivals. By developing a marketing strategy playing on clearly identified strengths of customer happiness, Skoda was able to overcome weaknesses.It turned its previously defensive position of the brand to a positive customer-focused experience. The various awards Skoda has won demonstrate how its communications are reaching customers. Improved sales show that Skoda UKs new strategy has delivered benefits. In 1895 in Czechoslovakia, two keen cyclists, Vaclav Laurin and Vaclav Klement, designed and produced their own bicycle. Their business became Skoda in 1925. Skoda went on to manufacture cycles, cars, farm ploughs and airplanes in Eastern Europe. Skoda overcame hard times over the next 65 years. These included war, economic depression and political change.By 1990 the Czech management of Skoda was looking for a strong foreign partner. Volkswagen AG (VAG) was chosen because of its reputation for strength, quality and reliability. It is the largest car manufacturer in Europe providing an average of more than five million cars a year giving it a 12% share of the world car market. Volkswagen AG comprises the Volkswagen, Audi, Skoda, SEAT, Volkswagen Commercial Vehicles, Lamborghini, Bentley and Bugatti brands. Each brand has its own specific character and is independent in the market. Skoda UK sells Skoda cars through its network of independent franchised dealers.To improve its performance in the competitive car market, Skoda UK†s m anagement needed to assess its brand positioning. Brand positioning means establishing a distinctive image for the brand compared to competing brands. Only then could it grow from being a small player. To aid its decision-making, Skoda UK obtained market research data from internal and external strategic audits. This enabled it to take advantage of new opportunities and respond to threats. To work on the strengths, Skoda UK carried out research. It asked customers directly for their opinions about its cars.It also used reliable independent surveys that tested customers feelings. For example, the annual JD Power customer satisfaction survey asks owners what they feel about cars they have owned for at least six months. JD Power surveys almost 20,000 car owners using detailed questionnaires. Skoda has been in the top five manufacturers in this survey for the past 13 years. In Top Gears 2007 customer satisfaction survey, 56,000 viewers gave their opinions on 152 models and voted Skoda t he number 1 car maker. Skodas Octavia model has also won the 2008  Auto Express  Driver Power Best Car.Skoda attributes these results to the business concentrating on owner experience rather than on sales. It has considered the human touch from design through to sale. Skoda knows that 98% of its drivers would recommend Skoda to a friend. This is a clearly identifiable and quantifiable strength. Skoda uses this to guide its future strategic development and marketing of its brand image. Strategic management guides a business so that it can compete and grow in its market. Skoda adopted a strategy focused on building cars that their owners would enjoy. This is different from simply maximizing sales of a product.As a result, Skodas biggest strength was the satisfaction of its customers. This means the brand is associated with a quality product and happy customers. Skoda UKs analysis showed that in order to grow it needed to address key questions about the brand position. Skoda has on ly 1. 7% market share. This made it a very small player in the market for cars. The main issue it needed to address was: how did Skoda fit into this highly competitive, fragmented market? Perceptions of the brand This weakness was partly due to out-dated perceptions of the brand. These related to Skodas eastern European origins.In the past the cars had an image of poor vehicle quality, design, assembly and materials. Crucially, this poor perception also affected Skoda owners. For many people, car ownership is all about image. If you are a Skoda driver, what do other people think? From 1999 onwards, under Volkswagen AG ownership, Skoda changed this negative image. Skoda cars were no longer seen as low-budget or low quality. However, a brand health check in 2006 showed that Skoda still had a weak and neutral image in the mid-market range it occupies, compared to other players in this area, for example, Ford, Peugeot and Renault.This meant that, whilst the brand no longer had a poor im age, it did not have a strong appeal either. - Change of direction This understanding showed Skoda in which direction it needed to go. It needed to stop being defensive in promotional campaigns. The company had sought to correct old perceptions and demonstrate what Skoda cars were not. It realized it was now time to say what the brand does stand for. The marketing message for the change was simple: Skoda owners were known to be happy and contented with their cars.The car-buying public and the car industry as a whole needed convincing that Skoda cars were great to own and drive. Opportunities occur in the external environment of a business. These include for example, gaps in the market for new products or services. In analyzing the external market, Skoda noted that its competitors marketing approaches focused on the product itself. Many brands place emphasis on the machine and the driving experience: * Audi emphasizes the technology through its strapline, Vorsprung Durch Technik (adv antage through technology). * BMW promotes the ultimate driving machine.Skoda UK discovered that its customers loved their cars more than owners of competitor brands, such as Renault or Ford. - Differentiation Information from the SWOT analysis helped Skoda to differentiate its product range. Having a complete understanding of the brands weaknesses allowed it to develop a strategy to strengthen the brand and take advantage of the opportunities in the market. It focused on its existing strengths and provided cars focused on the customer experience. The focus on happy Skoda customers is an opportunity.It enables Skoda to differentiate the Skoda brand to make it stand out from the competition. This is Skodas unique selling proposition (USP) in the motor industry. Threats come from outside of a business. These involve for example, a competitor launching cheaper products. A careful analysis of the nature, source and likelihood of these threats is a key part of the SWOT process. The UK ca r market includes 50 different car makers selling 200 models. Within these there are over 2,000 model derivatives. Skoda UK needed to ensure that its messages were powerful enough for customers to hear within such a crowded and competitive environment.If not, potential buyers would overlook Skoda. This posed the threat of a further loss of market share. Skoda needed a strong product range to compete in the UK and globally In the UK the Skoda brand is represented by seven different cars. Each one is designed to appeal to different market segments. For example: * Skoda Fabia is sold as a basic but quality city car * Skoda Superb offers a more luxurious, up-market appeal * Skoda Octavia Estate provides a family with a fun drive but also a great big boot. Pricing reflects the competitive nature of Skodas market. Each model range s priced to appeal to different groups within the mainstream car market. The combination of a clear range with competitive pricing has overcome the threat of th e crowded market. Environmental constraints The following example illustrates how Skoda responded to another of its threats, namely, the need to respond to EU legal and environmental regulations. Skoda responded by designing products that are environmentally friendly at every stage of their life cycle. For example:- * Recycling as much as possible. Skoda parts are marked for quick and easy identification when the car is taken apart. Using the latest, most environmentally-friendly manufacturing technologies and facilities available. For instance, painting areas to protect against corrosion use lead-free, water based colours. * Designing processes to cut fuel consumption and emissions in petrol and diesel engines. These use lighter parts making vehicles as aerodynamic as possible to use less energy. * Using technology to design cars with lower noise levels and improved sound quality. Benefits of the analysis Skoda UKs analysis answered some key questions. It discovered that: * Skoda c ar owners were happy about owning a Skoda The brand was no longer seen as a poorer version of competitors cars. However: * the brand was still very much within a niche market * A change in public perception was vital for Skoda to compete and increase its market share of the mainstream car market. The challenge was how to build on this and develop the brand so that it was viewed positively. It required a whole new marketing strategy. - Unique selling proposition Skoda UK has responded with a new marketing strategy based on the confident slogan, the manufacturer of happy drivers.The campaigns promotional activities support the new brand position. The key messages for the campaign focus on the happy customer experience and appeal at an emotional rather than a practical level. The campaign includes: * The Fabia Cake TV advertisement. This showed that the car was full of lovely stuff with the happy music (Favorite things) in the background. * An improved and redesigned website which is e asy and fun to use. This is to appeal to a young audience. It embodies the message experience the happiness of Skoda online.Customers are able to book test drives and order brochures online. The result is that potential customers will feel a Skoda is not only a reliable and sensible car to own, it is also lovely to own. Analyzing the external opportunities and threats allows Skoda UK to pinpoint precisely how it should target its marketing messages. No other market player has driver happiness as its USP. By building on the understanding derived from the SWOT, Skoda UK has given new impetus to its campaign. At the same time, the campaign has addressed the threat of external competition by setting Skoda apart from its rivals.

Proofreading and Formatting What’s the Difference

Proofreading and Formatting What’s the Difference Proofreading and Formatting: What’s the Difference? At Proofed, we do everything we can to make sure your written work is error free and well formatted. But what exactly is the difference between proofreading and formatting? To sum up, proofreading is about checking your work for mistakes, while formatting is about presentation. But the proofreading and formatting we do involves more than you might think. Comprehensive Proofreading The term â€Å"proofreading† comes from the â€Å"galley proofs† used by print publishers (early versions of written works, typically for editing or review). A â€Å"proof reader† is literally someone who checks these proofs for errors. Outside publishing, modern proofreading commonly includes an element of editing, such as making minor amendments to improve readability, sentence structure and word choice. We do this kind of proofreading at Proofed, and our expert proofreaders can offer assistance on everything from college papers and job applications to novels and advertising copy. This is made simple by the Track Changes function in Microsoft Word, which eliminates the need for a printed proof. The rise of digital proofreading has severely hit sales of red pens (Photo: Nics Events) As well as removing grammatical and spelling errors, our proofreading service ensures that vocabulary and references are used appropriately in college papers. As such, getting your work proofread can even boost your grades! And the Formatting? While proofreading focuses on the content of your written work, formatting encompasses everything about how the document is presented, including: A Title Page We can add a title page to meet your specifications, as well as abstract pages, acknowledgements or whatever else your document needs. Font Size and Type Formatting includes applying a font style, along with making sure paragraphs are clearly and consistently formatted throughout the document. Titles and Subtitles We’ll also apply specific font styles for all titles and subtitles in your work, thereby maximizing the clarity and visual impact of your writing. Charts and Figures Microsoft Word’s caption options allow us to add labels to all charts and figures, thereby boosting clarity. Dynamic Tables We can generate a table of contents or list of charts/figures that can be quickly updated at the touch of a button. Margins, Headers, and Footers As well as the options above, our formatting service incorporates all other elements of how your work is presented. Need the margins adjusting? No problem. Want page numbers added? Or chapter headers? Just let us know! Overall, the crucial thing with formatting is that your work is clearly and consistently presented throughout. Whatever your document, our service will make sure of this.

The Meaning and Origin of the WEST Surname

The Meaning and Origin of the WEST Surname The West surname was most commonly bestowed on  a person from the west- someone who had migrated from a place further west, or one who lived to the west of the town or village. Similar surnames include  Western, Westerman, and Westray. Alternate Surname Spellings:  WESTESurname Origin: English, German Where People With the WEST Surname Live According to surname distribution data from Forebears, West is most prevalent in the United States where it ranks as the 107th most common surname in the nation. It is also a common surname in England (ranked 111th),  Australia (131st) and New Zealand (152nd). Within England, West is most frequently found in Buckinghamshire, Sussex, and Kent, followed by Lincolnshire, Berkshire, Oxfordshire, Surrey, and Leicestershire. WorldNames PublicProfiler  indicates that within the United Kingdom the West surname is fairly common in Aberdeenshire, Scotland, as well as Isle of Wight and most of southern England. In the United States, West is most common in the South in a swath from Virginia to Oklahoma, especially the states of Georgia, Tennessee, Mississippi, Arkansas, Oklahoma, and Virginia. West is also a common surname in the Northern Territory of Australia. Famous People With the WEST Last Name Billy West  - silent film producer and actorCornel West  - political activist and authorBenjamin West  - American-born painter of religious and historical subjectsMae West - American theater and film actressJames West - American scientist and inventorKayne West - American hip hop artist Genealogy Resources for the Surname WEST How to Research English Ancestry: Learn how to research your English family tree with this guide to genealogical records in England and Wales. Includes information on both online and offline records including birth, marriage, death, census, military and estate records.West Surname DNA Project: Males with the surname WEST or a related surname that may have evolved from or to WEST (Westerman, Wieste, Western, Westh, etc.) are encouraged to join this DNA project focused on sorting out various West family lines.West Family Crest - Its Not What You Think: Contrary to what you may hear, there is no such thing as a West family crest or coat of arms for the West surname.  Coats of arms are granted to individuals, not families, and may rightfully be used only by the uninterrupted male-line descendants of the person to whom the coat of arms was originally granted.  WEST Family Genealogy Forum: Search this popular genealogy forum for the West surname to find others who might be researching your ancestors, or post your West  genealogy query. FamilySearch - WEST Genealogy: Explore over 4  million historical records which mention individuals with the West surname, as well as online West family trees on this free website hosted by the Church of Jesus Christ of Latter-day Saints (Mormons).GeneaNet - West Records:  GeneaNet includes archival records, family trees, and other resources for individuals with the West surname, with a concentration on records and families from France and other European countries.DistantCousin.com - WEST Genealogy Family History: Explore some free databases and genealogy links for the last name West.The West  Genealogy and Family Tree Page: Browse family trees and links to genealogical and historical records for individuals with the last name West from the website of Genealogy Today. Sources: Cottle, Basil.  Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967.Dorward, David.  Scottish Surnames. Collins Celtic (Pocket edition), 1998.Fucilla, Joseph.  Our Italian Surnames. Genealogical Publishing Company, 2003.Hanks, Patrick, and Flavia Hodges.  A Dictionary of Surnames. Oxford University Press, 1989.Hanks, Patrick.  Dictionary of American Family Names. Oxford University Press, 2003.Reaney, P.H.  A Dictionary of English Surnames. Oxford University Press, 1997.Smith, Elsdon C.  American Surnames. Genealogical Publishing Company, 1997

Summary on ellis island Essay Example | Topics and Well Written Essays - 250 words

Summary on ellis island - Essay Example Many people who live in the United States today can trace at least someone in their lineage back to Elis Island. At this station, immigrants were required to submit to medical examination in which those that did not pass were sent back to their respective countries. Also, while they were there, it was required to give their information in order to be on record with the United States. Sometimes, due to the lack of interpreters and the different languages and dialects being spoken, when signing in the book names would be written on what they sounded like resulting in the change of the last name. Towards the end of Elis Island, the US government started restricting the number of immigrants coming through when both the Immigrant Quota Act of 1921 and the National Origins Act of 1924 was passed. Eventually, the facility was closed down. In 1976, Elis Island was turned into a tourist facility in which people interested in their family’s genealogy could trace their ancestry back to. It serves as a testimony to all those immigrants who braved the challenges to make it over here and how America was their opportunity for a new life. Bibliography Moreno, Barry. Ellis Island. Great Britain: Arcadia Publishing, 2003. 73-78. Print. Szucs, Loretto . Ellis Island: Tracing Your Family History Through America's Gateway. 10th ed. Provo, UT: Ancestry Publishing, 2000. 2-10. Print.

Police Corruption Research Paper Example | Topics and Well Written Essays - 5250 words

Police Corruption - Research Paper Example This has been witnessed in the police force of United Kingdom as a small number of officers have been found to commit these unethical behaviors. The police officers in the United Kingdom have been under severe criticism for scandals which took place in 1820s and 1960s. It has been found at many instances that the police force in United Kingdom has been involved in bribery, tampering of evidence, and beating up of subjects. For such a behavior to be avoided policies such as Police and Criminal Evidence Act 1984 have been enacted in the United Kingdom. The problem with the police department is not limited to the developed country of United Kingdom but it also spreads to the United States. It has been found that unethical behavior also persists in the police force of United States and to counter it many steps have been taken by the government of United States also. The Internal Affairs Bureau has been formed to fight the cause of police corruption in the New York Police department and s uch internal units are also formed in other parts of the world so that the police corruption is eliminated. In this essay it would be seen as to how police is being involved in corrupt activities and what measures are being taken to ensure that this corruption is decreased or eliminated from the society. The forms in which corruption persists in the police department is also discussed in the subsequent paragraphs. ... It has been witnessed from the history that the police force in UK was involved in acts of malice and corruption. It was found at many instances that the police in UK assisted in some crimes by concealing the evidence and accepting bribes in order to save suspects. It has been found that police corruption in UK still persists as it has been found that many of the modern day policing authorities is involved in the tampering of evidence along with the violation of police conduct. Police Corruption in United States The problem of police corruption is also found in the developed nations of United States and Australia. Malpractice and misconduct was also found in the activities of the police authorities operating in the jurisdiction of United States. Corruption in United States was unraveled by the help of Knapp Commission who reported that the NYPD was involved greatly in activities of corruption. It was found that at the end of the nineteenth century the police in US was committing corr uption in different departments and were accepting bribes from brothels and gambling dens so that these businesses could operate freely in the region. It was in 1970s that more of these activities were uncovered and it was found out that a group of police officers working in US were also involved in the activities of trafficking cocaine and drugs (Kleinig 1996; Mollen 1994). Types of Police Corruption In order to analyze the prevalence of police corruption all over the world one has to classify as to what really is a corrupt practice and what is not. It has been found that the police force is committing many types of corrupt activities which cannot be justified

Political Science Final Essay Example for Free

Political Science Final Essay Mushrooms have been part of religious rituals for thousands of years ago in the early tribes of Central America and Mexico (Health Education, 2008). Psilocybin is extracted from psilocybin mexicana mushrooms and other genus related mushroom species or artificially prepared in the drug laboratory (Health Education, 2008). Chemically, it is related with lysergic acid diethylamide and commonly known as â€Å"shrooms†, â€Å"psychedelic mushrooms†, or â€Å"magic mushrooms† (Health Education, 2008). Historically, for Indians in the Southern and Central America, psilocybin-containing mushrooms were sacred mushrooms and regarded as a means to the world of the spirits. At present time, Psilocybe mushrooms are widely available in fresh and dried forms that are usually ingested, chopped or brewed in tea (Health Education, 2008). Generally, psilocybin users experience tingling physical sensations, mild euphoria and increased music visual sensations and music sensitivity (Health Education, 2008). Literature Review Brief History Sculptures and human-like mushroom arts were prevalent during 1000-500 BC (Freeman, 2004). It was inferred that these artifacts have religious implications. As direct evidence, thirteenth century manuscript of Codex Vienna Mixtec proved the utilization of sacred mushroom in religious rituals (Freeman, 2004). The â€Å"Seven Flowers† was known as Mixtec God of hallucinatory plants represented through an image with a pair of mushrooms in hands (Freeman, 2004). Also, Aztec believed that moving from earthly to super natural realms back and forth was possible under the power of entheogen, the Prince of Flowers. This was called â€Å"the flowery dreams† by the Aztec and ascribed to hallucinatory effects of the sacred mushrooms (Freeman, 2004). In relation to this, Gordon Wasson personally witnessed the â€Å"velada† session led by curandera Maria Sabina at the Mazatec village in Huatla de Jimenez. This â€Å"velada† session is a religious ceremony involving the magic mushroom (Freeman, 2004). Pharmacological Properties Mushrooms with hallucinatory effects are naturally cultivated in the cow pastures and fields of the southeastern and northwestern parts of the United States (Freeman, 2004). The most common of all these mushrooms is Psilocybe mushroom containing psychoactive substances. The stems of psilocybin-containing mushrooms are slender and long with caps having underside dark gills. While the caps of fresh mushroom are dark brown along the edges, white or light brown central part topped in whitish-gray or white stems, dried mushrooms are rusty brown with scattered whitish parts (National Drug Intelligence Center, 2006). In 1958 Dr. Albert Hoffman, the lysergic acid diethylamide discoverer, identified psilocybin and psilocin as the active components of Psilocybe mushroom (Freeman, 2004). About four to ten milligrams per gram of this mushroom is its average psilocybin constituent (Freeman, 2004). In addition, psilocybin is classified as hallucinogenic drugs typically found in the United States, South American regions, and Mexico (National Drug Intelligence Center, 2006). This mushroom contains trace amount of psilocin and 0. 2% to 0. 4% of psilocybin (National Drug Intelligence Center, 2006). Further, psilocybin was reported as a very stable substance that can last even for 150 years in a sample mushroom (Freeman, 2004).

Working Women :: essays research papers

Work and the Family The interaction of adults and children is one to be treasured. When a person becomes a parent they change. He/she instantly becomes more mature and are forced to take on numerous responsibilities. However, every parent will agree it is the best feeling one can have. It is truly a privilege to bring a child into this world, and there is nothing more special than to begin a family. During this course I choose to help facilitate two chapters: Work and Family and To Parent or not to Parent. This is what I have learned... This course had three required texts including The New Peoplemaking by Virginia Satir, Marriages and Families by Mary Ann Lamana and Agnes Reidmann, and Annual Editions by a variety of authors. These three articles really helped me to shed light on some of the hidden topics in family life. What exactly is a family? As defined in the Lamana text it is any sexually expressive or parent-child or other kin relationship in which people live together with a commitment in an in timate interpersonal relationship. Family members see their identity as importantly attatched to the group, which has an identity of its own. Families today take on several forms: single-parent, remarried, dual career, communal, homosexual, traditional, and so forth. More and more families are struggling to make the connection of work and family fit together. There are many issues that working families face such as when if ever will the parents go back to work, child care issues, finances, stress, marital strain, division of labor, and and many more topics. As tradition has it men are the breadwinners of the family but during recent years that role seems to be changing. More and more women have white collar jobs, and are bringing home more money. Tradition leads us to believe that men bring home all the money and women stay home with the kids. However, now in the 2000's dual career marriages are more popular , and women are coming home to the "second shift", referring to t he unpaid house work waiting for parents at the end of the work day. Women spend on average 20 hours per week doing housework. Another change is that men are doing an increase the amount of housework that they are participating in. Husbands and wives are beginning to share the responsibilities, not just leave it to the husband or the wife.

Rizal as Inspiration

There is nothing wrong to study Rizal’s works and doings. For me, it’s a good thing to know and understand his history. Rizal became a hero because of his accomplishments not because he was made to be. In his writings, he mentioned characters and scenarios related in reality. It focuses his ideals and misery in our country. Indeed, he is an inspiration but only some people sees that. Many Filipino knows Rizal is our national hero and being a hero is what they knew about him and that is wrong. It is more than that. It is not enough only knowing him as a hero. We should also understand and learn something from him.Fighting for a freedom of a country is not a simple thing. I know you will needed so much courage, knowledge and a presence of mind. Like him, he used the power of his mind to fight for good and that’s we should try to imitate from him. The social cancer Rizal mentioned still exist today and we are the one living in present so I think we should at same as him. But not literally same. Being patriotic is also what made me inspire him. His selfless love in our country is remarkable. The values he has is also what we need to have. He inspired readers through his words. His real words.Rizal has become the constant model that inspires man and woman across the land to dream and work for its realization no matter the cost is brings for the sake of nationhood and promoting the liberty for the people. He also proven education is the answer to our struggle nation. So we student should value education because in the future we are the one who will get benefit from it. That’s why I will strive hard to get my diploma because I believe someday I can also do remarkable things for our next generation. Education will helped us broadened our minds, so that we’re not confined to our countries and comfort zones anymore.

Blue Collar Essay

Blue- Collar workers are the ones that deserve the most respect in this world. They work so hard to perfect what they actually do. In the short passage Mike Rose expresses his own emotion not only towards his life but he basically broke it down for us piece by piece. He starts off by telling us his experience with being with his mom in the restaurant that she works at when he was a little kid. He learned a lot of things about the restaurant when he was there; most importantly he learned the hardship of being an adult. He tells us how is mom was always on point with things like scanning the restaurant like she was a hawk for people that needed help and to satisfy their needs because they were the valuable customers. He would say how she would make work easier for the workers because she knew that everyone has their own little problem so she had to speak with them with a tone they will make them more comfortable with their work instead of making them more sad or upset because she wanted to make not only the customers happy but also her fellow co-workers. She did many more things than just that, the way she served her customers were amazing to him because of how many plates she can hold in both arms and how she can remember each and every one of the orders for which customer. He knew the mental and physical work his mom goes through all from watching his mom work every day. It takes intelligence to run a restaurant the way his mom does. As Mike Rose said â€Å"She never wasted a single movement† (Pg. 246) which she never does as you can tell. Soon Mike started talking about education how he struggled throughout freshman year but he soon realized how education can help him make a life for himself. He went on to study humanities, social and psychological science. He taught for 10 years then went back to grad school to study even more. He believes that intelligence is closely associated with formal education- the type of schooling a person has. (Pg. 247) This was his train of thinking. He starts to talk about his uncle Joe Meraglio from his mother’s side. Mike was talking about how his brother dropped out of school in the 9th grade to work at a Pennsylvania Railroad. Soon after his uncle joined the Navy, then when that was over he returned back to the railroad industry but sadly it was in decline so he eventually joined his brother at a motor shop where he moved from working as an employer to supervising basically managing the paint-and-body department. Mike remembered when his uncle gave him a tour of the factory. He notice that even though he didn’t get a proper education he still made it big you can say because his uncle was learning every day in the factory. Mike explains how Joe learned many skills that help him make the job easier on himself because if he was acting the way he did back in the day Mike knew his uncle wouldn’t last even at the assembly line. Joe actually learned so much that he not only solved the problems but he look for problems to solve. Mikes uncle was the one that redesign the nuzzle for the paint spray. He made a lot of the working machines easier to use and less costly after learning the budgets and management of them. For example he had each worker to learn each other’s jobs so they could rotate their roles because he believed he will give the workers a longer break and more frequent breaks, which he was correct about. This shows how much intelligent you need to be able to be successful. Mike sooner later explains how he has been observing blue- collar workers as you can tell and he has come to the conclusion that each person has a certain mind power to master to successfully survive in this world of class discrimination and so forth .

Pros and Cons of Homeschooling for Military Families

Pros and Cons of Homeschooling for Military Families With military families changing duty stations an average of six to nine times over a 20-year career, homeschooling has a distinct appeal. Ensuring that military kids get a high-quality education can be challenging. It’s no secret that states may have discrepancies in educational requirements (though Common Core serves to narrow these gaps) and this can lead to gaps or repetition in a child’s education. While there are programs in place to help children keep consistency in their academic journey, there are no guarantees. As a result, some military families end up thinking about whether part-time or full-time homeschooling might provide a workable solution.   Parents considering making the switch to homeschooling should consider the pros and cons of this form of education before leaving traditional schooling behind. Homeschooling Benefits Homeschooling allows children to follow an individualized learning plan. Whether you decide to use a correspondence program or complete your own lesson plans, you can work at a pace that fits your child’s unique learning style. And if your children have different approaches and strengths in school, you can use different curriculum providers for different members of the family. Homeschooling also provides flexibility for families. If youre facing a military move in the middle of the school year, no problem! You decide when â€Å"summer† vacation occurs. You can give your child three one-month breaks throughout the year, a standard three-month summer, or whatever works for your family. To keep the kids on track, give them a book list to read on your travels, and let them prepare a presentation on their favorite. With homeschooling, the curriculum progresses consistently at your child’s unique learning rate, no matter where you are. From Germany to Lewis-McCord, you’re covered on every base! This is a huge benefit for military families. Many home teaching and correspondence programs have online options that allow you to connect to top-tier teaching facilities. Homeschooling Challenges One of the great things about school is the social interactions they allow children to have with peers. Homeschooling a child limits these interactions, but, fortunately, many military bases have activities and camps that allow kids to connect with one another. You can also get involved with a local place of worship or community recreation facility to find opportunities for children to get out of the house and meet new friends. You may also be able to get together with other homeschooling families, which will give the kids an opportunity to socialize or work on team projects. Parents who homeschool also face the challenge of deciding whether theyre equipped to teach their children a variety of subjects. Many people struggle in at least one subject area, and some states have determined that parents should be qualified to teach their children. As a result, they have implemented homeschool parent qualification requirements. Make sure you meet these requirements before you start down the homeschool path. If you struggle in a certain area, a correspondence or distance learning program might make more sense for that subject. If several subjects are difficult for you, homeschooling may not be a good fit for your family at all. It’s all about knowing your own limits and doing what’s best for your children. That said, if there are other homeschooling families nearby, you may be able to rely on other parents’ strengths in areas where you’re a little weaker, and vice versa. Keep in mind that should you be reassigned to a different city, youll likely lose access to these parents. Finally, homeschooling your children may mean they miss out on college scholarships from participating in sports or other extracurricular activities. However, changing duty stations in the middle of high school might have the same effect. To help your teens qualify for college scholarships, you may want to consider enrolling them in community college courses and programs that will demonstrate their initiative and academic ability instead.

List of 50 Compliments and Nice Things to Say!

List of 50 Compliments and Nice Things to Say! List of 50 Compliments and Nice Things to Say! List of 50 Compliments and Nice Things to Say! By Michael Too often I forget to do it. But when Im pleased or impressed by someone, I need to make a point to write them a note. Some people are embarrassed by strong face-to-face compliments. After all, if a compliment isnt heartfelt, it may seem mocking instead. But if you think they will be uncomfortable, you can always send your compliments about them to a third party. And if you preface your compliment with I think youre or Ive always liked how, it may be easier to accept. After all, they may say, you have a right to your opinion. But secretly, everyone likes specific praise. Here are 50 compliments, so that when you say something good about someone else, you can say it more precisely. accomplished for someone who has not only accomplished many things, but has accomplished them skillfully and with flair. admirable worthy of admiration, someone who should be looked up to. adorable for someone, often a child, who is cute and inspires affection and fondness, who seems worthy of love. Originally, worthy of worship, but rarely used in that sense. affable for someone is friendly and a good conversationalist; easy to talk to, courteous and gracious. agreeable for someone whose personality is suitable and pleasing to you. If they disagree with your ideas, they will do it tactfully and pleasantly. alluring so attractive they are like a lure, tempting and enticing. Not a compliment to be given after a business lunch. amiable pleasant and likable, kind and kind-hearted, sweet and gracious; literally friendable, since it comes from the French and Latin words for friend, which comes from the word for love. amusing for someone who makes you laugh, though the word can easily sound condescending or patronizing. beautiful for someone who is physically attractive (usually a woman is beautiful, a man is handsome), but can also describe aspects of a person: a beautiful spirit, a beautiful mind. bright clever and intelligent, a quick learner. The word has a positive connotation: someone with a bright mind makes for pleasant company, which cant be said for a smarty-pants or a know-it-all. charming for someone with an attractive personality, as if they possess a magical charm that makes them likable. cheerful optimistic and happy, whose pleasant attitude is either contagious or annoying (some people dont want to be cheered up). commendable worthy of commendation, praise, admiration and recognition. congenial for someone with whom others enjoy spending time, who is sociable, affable, and fits in well. convivial merry and cheerful, as at a community feast, which is the meaning of the Latin combination of together and live. cordial warm, sincere, and affectionate. The Latin root means of the heart. diplomatic tactful and courteous, who knows how to make peace and soothe offenses, like a good diplomat or ambassador. distinguished celebrated for their accomplishments, who stands out above the crowd. elegant graceful and refined, precise and restrained in style. eminent for someone who stands out as remarkable and noteworthy in their field. Not to be confused with imminent. enchanting for someone with an attractive personality, who delights others with their charm. engaging interesting and appealing, who makes others want to be involved with him or her. enthusiastic eager, even excited; fervent and zealous. Originally a religious term among the ancient Greeks. estimable worthy of admiration and respect. You would get an idea of its meaning if you misspelled and mispronounced it as esteemable. fun entertaining, amusing, and enjoyable. A compliment for those who help others laugh, not a compliment for those who are laughed at. genial cheerful and friendly, from the Latin for festive. The word congenial adds the Latin prefix for with. gracious for someone who doesnt embarrass, who is always tactful, kind, and warmly courteous. graceful for someone who isnt embarrassed, who is elegant and natural. handsome good-looking: usually an attractive man, but sometimes a striking and impressive woman. honorable worthy of honor and respect, or who is honest and principled. inspiring encouraging and energizing. Not as sentimental as the word inspirational so its more useful as a compliment. jolly merry and cheerful. Famously used to describe Santa Claus. jovial good-humored and outgoing, traditionally influenced by the planet Jupiter. kindly gentle and affectionate, considerate and warm-hearted. Typical of grandparents. laudable commendable and praiseworthy, someone who should be extolled and applauded. likable easy to like, personable, endearing. masterful skillful and proficient, a master of their craft, or sometimes a master of other people. pleasant agreeable, pleasing, personable. One of the most general and innocuous words in this list. praiseworthy commendable, admirable, meritorious. refined cultured, elegant, polished, not vulgar, sometimes prissy. refreshing invigorating, stimulating, vitalizing, pleasantly different. remarkable notable, amazing, extraordinary. Worth writing down. reputable respectable, well-regarded, with a good reputation. A reputable merchant will not cheat you, and others can confirm that fact. skillful proficient, adept, talented, able, practiced. smart clever, intelligent, shrewd, cultivated. An elegant person may be a smart dresser. solid reliable, substantial, dependable. Solid people can be counted on, like a solid floor. sweet kind, pleasant, thoughtful, not sour or bitter. A word much more common used by women. sympathetic compassionate, friendly, especially when youre troubled. From the Greek for suffering together. thoughtful considerate, caring, attentive, solicitous. Because a thoughtful person thinks about you, they help you. worthy deserving, having worth, principled, deserving, reputable. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Possessive of Proper Names Ending in S"Owing to" vs "Due to"The Difference Between "Shade" and "Shadow"

Critically examine the use of special measures in criminal proceedings Essay

Critically examine the use of special measures in criminal proceedings for young people in England and Wales - Essay Example justice system as an offender, Justice Authorities must make sure they protect the young individuals from the harsh effects of the criminal justice system. The future of a young person and his welfare must be the most important features considered by the justice system while handling offenders. Punishment especially incarceration should to a larger extent be aimed at correcting the antisocial behaviours of the young offender rather than obtaining a measure of revenge for the person or community offended by the individual. In contrast, Children can become involved in the criminal justice delivery process as witnesses. Unlike offenders most of the underage individuals who witness crimes are innocent. The vulnerability of children makes is more important for justice authorities to make provisions for them where their evidence is important in getting criminals convicted. From the questioning by police investigators to the final appearance in the courtroom the process of giving evidence for crime can be hallowing for young witnesses. Additionally, criminals are known to threaten those who testify against them to instil fear in them or prevent them from presenting evidence that could condemn them. Over time the governments of England and Wales have developed policy that addresses the unique challenges involved in ensuring justice prevails for youth offenders and witnesses alike. Criminal justice for juvenile offenders has managed to put the consideration of the young offenders first. The education and young life of child offenders is not significantly affected by punishment. However, concern continues to mount that the adversarial criminal justice system continues to victimise juvenile witnesses and young victims of violent crime in the search of a defendant’s convictions or proof of innocence. This paper concentrates on the need to further protect child witnesses from the negative effects of involvement in a harsh adversarial justice system. This paper discusses

Sleep and Dreams Essay Example | Topics and Well Written Essays - 500 words - 1

Sleep and Dreams - Essay Example In the earlier stages of human evolution, man needed sleep at night in order to protect him from predators and to conserve energy to find food and shelter during the day. (Huffman, 2008) Both these theories carry scientific weight. It may be that sleep initially developed as a way to conserve energy and protect humans from predators but with the passage of time evolved to allow for repair and restoration as well. (Huffman, 2008) As far as the biological basis of dreams is concerned the theory about it is called the activation-synthesis hypothesis and it claims that dreams are a by-product of random stimulation of the brain during REM (Random Eye Movement) sleep. It should be noted here that although most dreams occur during REM sleep, some occur during NREM sleep as well. Another theory about dreams is called the housekeeping theory and it claims that dreams help us sift and sort out our everyday experiences and thoughts. This theory helps explain why dreams are important for our psychological well being. (Huffman, 2008) Freud’s believed that dreams are â€Å"the royal road to the unconscious†. His theory about dreams states that dreams serve a purpose of wish fulfillment i.e. they serve to bring to surface the repressed and personally unacceptable desires of the human unconscious in the form of symbols. A gun may, for example, represent a penis etc. Freud believed that the human brain disguises forbidden thoughts as symbols and interpreting them correctly may lead to the cure of mental illnesses. His theory has however been criticized widely and little or no scientific evidence has been found in support. Even Freud once said about his beloved cigars that: â€Å"Sometimes a cigar is just a cigar†. (Huffman, 2008) Although Freud’s theory is not accepted in its current form by modern scientists, they have however, discovered that many of the aspects of dreaming Freud talked about in his theory were accurate. For example: Freud’s claim

Bruxism Essay Example | Topics and Well Written Essays - 1000 words

Bruxism - Essay Example In one study, it was found that the level of pressure exerted on the teeth, gums and joints is as high as three times the forces experienced during normal chewing (Castaneda, 1992: 46). In the case of those individuals who experience bruxism primarily when they’re asleep, the condition may not be diagnosed until well after complications arise, making it essential that the signs and symptoms of bruxism be recognized by dental practitioners as a means of reducing the level of damage. In learning to recognize the condition from a dental standpoint, it is important to note one of the primary symptoms of extreme bruxers is significantly worn down tooth enamel. â€Å"Instead of a white enamel cover, one often sees the more yellowish and softer dentin. The back teeth of some chronic bruxers often lose their cusps and natural contours, appearing instead flat, as if they had been worked over with a file or sandpaper† (Nissani, 2000a). This wearing down of the enamel has the obvious consequences of leaving teeth more vulnerable to cavity-causing bacteria requiring greater need for bridges, crowns, root canals, implants, partial dentures and sometimes even full dentures. â€Å"In one study, more than 75 percent of observed implant fractures occurred in patients with signs and histories of chronic bruxism. Hence, in cases of untreatable severe bruxism, the use of implants is strongly counterindicated† (Rangert et al, 1995). There are several other visible sy mptoms of bruxism as well. These include changes in appearance over time, as the teeth become shorter, bringing the chin and the nose closer together, and the overdevelopment of facial muscles, especially those most concerned with chewing. The causes of bruxism remain unknown. Stress is one important recognized factor in the development of the disorder, but other considerations may also play a part. In very young children, the disorder has a tendency to work itself out

US Global Financial Crisis: Timeline of Causes and Effects

US Global Financial Crisis: Timeline of Causes and Effects Introduction: The global financial crisis of 2008-2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. In September 2008, the crisis deepened, as stock markets worldwide crashed and entered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks. Scope The crisis in real estate, banking and credit in the United States had a global reach, affecting a wide range of financial and economic activities and institutions, including the: Overall tightening of credit with financial institutions making both corporate and consumer credit harder to get; Financial markets (stock exchanges and derivative markets) that experienced steep declines; Liquidity problems in equity funds and hedge funds; Devaluation of the assets underpinning insurance contracts and pension funds leading to concerns about the ability of these instruments to meet future obligations: Increased public debt public finance due to the provision of public funds to the financial services industry and other affected industries, and the Devaluation of some currencies (Icelandic crown, some Eastern Europe and Latin America currencies) and increased currency volatility, Background In the years leading up to the crisis, high consumption and low savings rates in the U.S. contributed to significant amounts of foreign money flowing into the U.S. from fast-growing economies in Asia and oil-producing countries. This inflow of funds combined with low U.S. interest rates from 2002-2004 resulted in easy credit conditions, which fueled both housing and credit bubbles. Loans of various types (e.g., mortgage, credit card, and auto) were easy to obtain and consumers assumed an unprecedented debt load. As part of the housing and credit booms, the amount of financial agreements called mortgage-backed securities (MBS), which derive their value from mortgage payments and housing prices, greatly increased. Such financial innovation enabled institutions and investors around the world to invest in the U.S. housing market. As housing prices declined, major global financial institutions that had borrowed and invested heavily in subprime MBS reported significant losses. Defaults and losses on other loan types also increased significantly as the crisis expanded from the housing market to other parts of the economy. Total losses are estimated in the trillions of U.S. dollars globally. While the housing and credit bubbles built, a series of factors caused the financial system to become increasingly fragile. Policymakers did not recognize the increasingly important role played by financial institutions such as investment banks and hedge funds, also known as the shadow banking system. Some experts believe these institutions had become as important as commercial (depository) banks in providing credit to the U.S. economy, but they were not subject to the same regulations. These institutions as well as certain regulated banks had also assumed significant debt burdens while providing the loans described above and did not have a financial cushion sufficient to absorb large loan defaults or MBS losses. These losses impacted the ability of financial institutions to lend, slowing economic activity. Concerns regarding the stability of key financial institutions drove central banks to take action to provide funds to encourage lending and to restore faith in the commercial pape r markets, which are integral to funding business operations. Governments also bailed out key financial institutions, assuming significant additional financial commitments. Cause Of The Financial Crisis Various causes have been proposed for the crisis, with experts placing different weights upon particular issues. The proximate cause of the crisis was the turn of the housing cycle in the United States and the associated rise in delinquencies on subprime mortgages, which imposed substantial losses on many financial institutions and shook investor confidence in credit markets. However, although the subprime debacle triggered the crisis, the developments in the U.S. mortgage market were only one aspect of a much larger and more encompassing credit boom whose impact transcended the mortgage market to affect many other forms of credit. Aspects of this broader credit boom included widespread declines in underwriting standards, breakdowns in lending oversight by investors and rating agencies, increased reliance on complex and opaque credit instruments that proved fragile under stress, and unusually low compensation for risk-taking. The abrupt end of the credit boom has had widespread finan cial and economic ramifications. Financial institutions have seen their capital depleted by losses and write downs and their balance sheets clogged by complex credit products and other illiquid assets of uncertain value. Rising credit risks and intense risk aversion have pushed credit spreads to unprecedented levels, and markets for securitized assets, except for mortgage securities with government guarantees, have shut down. Heightened systemic risks, falling asset values, and tightening credit have in turn taken a heavy toll on business and consumer confidence and precipitated a sharp slowing in global economic activity. The damage, in terms of lost output, lost jobs, and lost wealth, is already substantial. Beginning with failures caused by misapplication of risk controls for bad debts, collateralization of debt insurance and fraud, large financial institutions in the United States and Europe faced a credit crisis and a slowdown in economic activity. The crisis rapidly developed and spread into a global economic shock, resulting in a number of European bank failures, declines in various stock indexes, and large reductions in the market value of equities and commodities. Moreover, the de-leveraging of financial institutions further accelerated the liquidity crisis and caused a decrease in international trade. World political leaders, national ministers of finance and central bank directors coordinated their efforts to reduce fears, but the crisis continued. At the end of October a currency crisis developed, with investors transferring vast capital resources into stronger currencies such as the yen, the dollar and the Swiss franc, leading many emergent economies to seek aid from the Inter national Monetary Fund. Ultimately, looking for a cause of the current financial crisis, it is critical to remember that organizations failed to do a number of things: Truly adopt an enterprise risk management culture. Embrace and demonstrate appropriate enterprise risk management behaviors, or attributes. Develop and reward internal risk management competencies, and Use enterprise risk management to inform management decision-making in both taking and avoiding risks. Enterprise risk management to be effective must fundamentally change the way organizations think about risk. When enterprise risk management becomes part of the DNA of a companys culture, the warning signs of a market gone astray cannot go unseen so easily. When every employee is part of a larger risk management process, companies can be much more resilient in the face of risks. It is an important lesson to learn now, before the cycle renews itself and businesses find themselves facing the next cycle of business failures, lapses in risk management and shortcomings in governance. The cycle does not have to repeat itself as it always has in the past. Enterprise risk management is an important key to preventing it. Enterprise risk management, when designed and implemented comprehensively and systemically, can change future outcomes. When it is practiced fully, enterprise risk management does not just help protect businesses from setbacks, it enables better overall business performance. Effects Of The Financial Crisis Economic Effects And Projections Global Aspects A number of commentators have suggested that if the liquidity crisis continues, there could be an extended recession or worse. The continuing development of the crisis prompted fears of a global economic collapse. The financial crisis is likely to yield the biggest banking shakeout since the savings-and-loan meltdown. The United Kingdom had started systemic injection, and the worlds central banks were now cutting interest rates. Regulatory Proposals And Long-Term Solutions A variety of regulatory changes have been proposed by economists, politicians, journalists, and business leaders to minimize the impact of the current crisis and prevent recurrence. However, as of April 2009, many of the proposed solutions have not yet been implemented. These include: Ben Bernanke: Establish resolution procedures for closing troubled financial institutions in the shadow banking system, such as investment banks and hedge funds. Joseph Stiglitz: Restrict the leverage that financial institutions can assume. Require executive compensation to be more related to long-term performance. Re-instate the separation of commercial (depository) and investment banking established by the Glass-Steagall Act in 1933 and repealed in 1999 by the Gramm-Leach-Bliley Act. Simon Johnson: Break-up institutions that are too big to fail to limit systemic risk. Paul Krugman: Regulate institutions that act like banks similarly to banks. Alan Greenspan: Banks should have a stronger capital cushion, with graduated regulatory capital requirements (i.e., capital ratios that increase with bank size), to discourage them from becoming too big and to offset their competitive advantage. Warren Buffett: Require minimum down payments for home mortgages of at least 10% and income verification. Eric Dinallo: Ensure any financial institution has the necessary capital to support its financial commitments. Regulate credit derivatives and ensure they are traded on well-capitalized exchanges to limit counterparty risk. Raghuram Rajan: Require financial institutions to maintain sufficient contingent capital (i.e., pay insurance premiums to the government during boom periods, in exchange for payments during a downturn.) A. Michael Spence and Gordon Brown: Establish an early-warning system to help detect systemic risk. Niall Ferguson and Jeffrey Sachs: Impose haircuts on bondholders and counterparties prior to using taxpayer money in bailouts. Nouriel Roubini: Nationalize insolvent banks. Reduce mortgage balances to assist homeowners, giving the lender a share in any future home appreciation. Timeline Of Events Predecessors Mar-2000 Dot-com bubble peak Jan-2001 First Cut in Fed Funds rate for this cycle (from 6.5% to 6.00%) Stock market downturn of 2002 Jun-2003 Lowest Fed Funds rate for this cycle (1%) Late 2003 Lowest 3mo T-bill rate for this cycle (0.88%) 2003-2004 Prolonged period of low Fed Funds and positively sloped yield curve Jun-2004 First increase in Fed Funds rate for this cycle (from 1% to 1.25%) 2003-2005 Period of maximum inflation of the United States housing bubble 2004-2006 Slow rise in Fed Funds rate with positively sloped but narrowing yield curve Feb-2005 Greenspan calls long-term interest rate behavior a â€Å"conundrum† Jun-2006 Fed Funds reach peak for this cycle of 5.25% Oct-2006 Yield curve is flat Events Of 2007 March, 2007 Yield curve maximum inversion for this cycle August, 2007: Liquidity crisis emerges September, 2007: Northern Rock seeks and receives a liquidity support facility from the Bank of England October, 2007: Record high U.S. stock market October 9, 2007 Dow Jones Industrial Average (DJIA) 14,164 Events Of 2008 January, 2008: Stock Market Volatility February, 2008: Nationalisation of Northern Rock March, 2008: Collapse of Bear Stearns June 27, 2008: Bear Market of 2008 declared July 1, 2008: Bank of America buys Countrywide Financial July, 2008: Oil prices peak at $147 per barrel as money flees housing and stock assets toward commodities September, 2008: Emergency Economic Stabilization Act of 2008 September, 2008: Troubled Assets Relief Program September, 2008: Bankruptcy of Lehman Brothers September, 2008: Federal takeover of Fannie Mae and Freddie Mac September, 2008: American International Group#Federal Reserve bailout September, 2008: Merrill Lynch sold to Bank of America Corporation September, 2008: Morgan Stanley and Goldman Sachs confirmed that they would become traditional bank holding companies September, 2008: partial nationalization of Fortis holding October, 2008: Large losses in financial markets world wide throughout September and October October, 2008: Passage of EESA of 2008 October, 2008: Icelands major banks nationalized November, 2008: China creates a stimulus plan November, 2008: Dow Jones Industrial Average (DJIA) touches recent low point of 7,507 points December, 2008: The Australian Government injects economic stimulus package to avoid the country going into recession, December, 2008 December, 2008: Madoff Ponzi scheme scandal erupts December, 2008: Belgium government resigns as a result of Fortis nationalization Events Of 2009 January 2009: Blue Monday Crash 2009 January 2009: U.S. President Barack Obama proposes federal spending bill approaching $1 trillion in value in an attempt to remedy financial crisis January 2009: Lawmakers propose massive bailout of failing U.S. banks January 2009: the U.S. House of Representatives passes the aforementioned spending bill. January 2009: Government of Iceland collapses. February 2009: Canadas Parliament passes an early budget with a $40 billion stimulus package. February 2009: JPMorgan Chase and Citigroup formally announce a temporary moratorium on residential foreclosures. The moratoriums will remain in effect until March 6 for JPMorgan and March 12 for Citigroup. February 2009: U.S. President Barack Obama signs the $787 billion American Recovery and Reinvestment Act of 2009 into law. February 2009: The Australian Government seeks to enact another economic stimulus package. February 2009: 2009 Eastern European financial crisis arises. February 2009: The Bank of Antigua is taken over by the Eastern Caribbean Central Bank after Sir Allen Stanford is accused by U.S. financial authorities of involvement in an $8bn ( £5.6bn) investment fraud. Peru, Venezuela, and Ecuador, had earlier suspended operations at banks owned by the group. February 23, 2009: The Dow Jones Industrial Average and the SP 500 indexes stumbled to lows not seen since 1997. February 27, 2009: The SP index closes at a level not seen since December 1996, and also closes the two month period beginning January 1 with the worst two month opening to a year in its history with a loss in value of 18.62% March 2, 2009: The SP index finishes the first trading day of March with a drop of 4.7%, the worst opening to a March in NYSE history. March 6, 2009: The UK Government takes a controlling interest in Lloyds Banking Group by insuring their debt. March 8, 2009: United States bear market of 2007-2009 declared March 18, 2009: The Federal Reserve announced that it will purchase $1.15 trillion in U.S. assets ($750 billion in mortgage backed securities, $300 billion in Treasuries, $100 billion in Agencies) in a bid to prop up liquidity and lending to spur economic growth. The markets initially rallied on the news, however concerns began to grow regarding long term devaluation of the U.S. dollar and subsequent inflation. March 23, 2009: In the United States, the FDIC, the Federal Reserve, and the Treasury Department jointly announce the Public-Private Investment Program to leverage $75-$100 billion of TARP funds with private capital to purchase $500 billion of Legacy Assets (a.k.a. toxic assets). June 3, 2009: The Australian Government announces that the Australian economy did not show negative growth for two consecutive quarters, and thus has not officially entered recession. Literature Review The financial crisis motivates the below literatures to express their views from different angles, the below section highlights the main points for each: 1. Josà © De Gregorio: Inflation targeting and financial crises ; Governor of the Central Bank of Chile, Colombia, Bogota, 28 May 2009. Financial stability must be preserved with an adequate regulatory system. Agencies must analyze the strength of institutions, while central banks must evaluate the systems overall stability. Regulators and central banks must closely cooperate and work in the effort of maintaining the integrity of the financial system. Regulating specific institutions is not enough, because interconnections exist that could derive in a systemic crisis. The current crisis proves that the regulatory scope must encompass every agent with a systemic importance. So a proper macro-prudential regulatory system is needed. A first set of instruments has to do with capital adequacy. However, this is not enough, and it is no trivial to judge the soundness of the financial system by its capital and leverage levels. Higher levels of capital will certainly have to be required in the future, particularly as banks gradually assume higher levels of risk. Central banks must strengthen and perfect the models with which they carry out their stress tests. They should take into account the interconnections within the financial system and detect vulnerabilities opportunely. It is important to allow securitization, but establishing incentives for both credit screening and monitoring of payments to remain at the banks and that the process of transferring credit risk away from individual institutions balance sheets does not escape the authoritys eye. The current crisis should not become a hindrance to financial development, but a sign of alert in favor of prudence and rigor when assessing the innovations. 2. George Provopoulos: Reflections on the economic and financial crisis; Athens, 18 May 2009. The key priority among policy makers is to bring back economic growth and help bring about prosperity for everyone. The policy response should also be of a dual nature, one part of which involves a short-run response and the second part of which involves a medium-term response. In the short run, whatever is feasible should be done to support economic recovery. In the medium term, is the preparation to pursue a credible exit strategy from the extraordinary policy interventions while developing an effective framework for financial supervision. The short-term, response will help pave the way to recovery. The second, medium-term, response will help ensure that organizations do not experience a similar crisis in the future. 3. Rakesh Mohan: Global financial crisis causes, impact, policy responses and lessons , London, 23 April 2009. The ongoing global financial crisis can be largely attributed to extended periods of excessively loose monetary policy over the period 2002-04. Very low interest rates during this period encouraged an aggressive search for yield and a substantial compression of risk-premia globally. Abundant liquidity in the advanced economies generated by the loose monetary policy found its way in the form of large capital flows to the emerging market economies. All these factors boosted asset and commodity prices, including oil, across the spectrum providing a boost to consumption and investment. The ongoing deleveraging in the advanced economies and the plunging consumer and business confidence has led to recession in the major advanced economies. 4. Jean-Claude Trichet: The global dimension of the crisis: Japan, Tokyo, 18 April 2009. The current crisis has shown that there is a need for more rigorous regulation of the global financial system. Such regulation needs to meet two fundamental requirements. First, it needs to prevent the excessive risk taking that we have been observing in financial markets over the past years and that led to the creation of asset price bubbles and large imbalances in the global economy. At the same time, it needs to create an environment that is conducive to sustainable growth for economies in the long run. The international community has swiftly reacted to the need for greater coordination of policies and regulation of international financial markets National governments have in addition undertaken an unprecedented concerted fiscal expansion to stimulate demand and foster confidence in economies. Governments have also decided on a broad set of measures to support the banking sector and strengthen the stability of the international financial system. These measures include the injection of new capital, guarantees on bank debt and deposits, as well as large-scale schemes that aim at coping with the issue of impaired assets. 5. Ben S Bernanke: Four questions about the financial crisis Atlanta, Georgia, 14 April 2009. The current crisis has been one of the most difficult financial and economic episodes in modern history. There are tentative signs that the sharp decline in economic activity may be slowing. A leveling out of economic activity is the first step toward recovery. 6. Philipp Hildebrand: Developments in the current financial crisis, Berne, 2 April 2009. The financial market turbulence, which began some 20 months ago, has grown into the largest and most complex crisis since the 1930s. The real world economy is now feeling the full force of this financial crisis; its a very difficult period, although there are a few signs that the global economy could possibly be close to the cyclical trough. However, the route to recovery is unlikely to be straightforward, and the downside risks to growth remain considerable. Lucas Papademos: How to deal with the global financial crisis and promote the economys recovery and sustained growth, Brussels, 26 March 2009. The severity and duration of the current economic and financial crisis is partly a consequence of the reduced confidence in the prospects of the economy and the soundness of the financial system. The recovery of the economy also hinges on the restoration of consumer and business confidence that can contribute to the revival of spending and investment, and the return to normality in financial markets and the banking system. The rebuilding of trust will depend on ability to appropriately combine the policy actions needed to address the immediate challenges with the necessary reforms for establishing an economic, financial and institutional environment that is conducive to sustainable long-term growth. 8. Jean-Claude Trichet: What lessons can be learned from the economic and financial crisis?; Paris, 17 March 2009. The global economy was hit in mid-September 2008 by an unprecedented abrupt loss of confidence. It was perhaps the first time in economic history that a single negative event was able, within a few days, to have a simultaneous and negative effect on all private economic agents in every economy, industrialized and emerging. Public authorities, executive branches, and central banks must do all they can to regain, preserve and foster confidence among households and corporations to pave the way for sustainable prosperity. This calls for actions to be measured. Confidence of households and corporations today depends crucially on their trust in the capacity of authorities to preserve the soundness and sustainability of fiscal positions in the years to come. Confidence of economic agents today depends equally on their trust in the determination of central banks to preserve price stability. It is essential to achieve this balance between the measured audacity of todays non-conventional decisions and the credible determination to ensure a path that is sustainable in the medium and long term. Exaggerated swings without perspective would delay the return of sustainable prosperity, because they would undermine confidence, which is the most precious ingredient in the present circumstances. 9. Lucas Papademos: Tackling the financial crisis policies for stability and recovery ; London, 11 February 2009. To presume better regulation, more effective supervision and longer-term stability-oriented macroeconomic policy would suffice to eliminate the cyclical features of the financial system and the build-up of financial imbalances in the future. Market participants have an important role to play and self-interest in addressing some of the revealed weakness in the financial system, and in strengthening market discipline. What policy-makers can do, and should aim at, is to ensure that the macroeconomic policies and the regulatory framework designated do not exacerbate cyclical fluctuations, and that, when financial imbalances and market excesses emerge and are identified, the appropriate tools to address them in an effective manner should be used. 10. Hervà © Hannoun: Long-term sustainability versus short-term stimulus: is there a trade-off? , Kuala Lumpur, 7 February 2009. There are two stylised types of policy response to the global crisis: stabilization and stimulation. A measured stabilisation policy accepts the fact that the adjustment is inescapable while it endeavours to mitigate the pain and promote an orderly adjustment. In contrast, stimulation policies, pushed to the extreme, seek a stimulus that would be large enough to, so to speak, eliminate the adjustment period a goal that would obviously be illusory. It is a legitimate goal of policy to mitigate the macroeconomic recession and slow the spin of the negative feedback loop. However, expansionary policies that fail to take the crisis of confidence sufficiently into account run the risk of becoming ineffective beyond the very short term. To restore confidence in a sustainable way, policy actions should be embedded in a credible longer-term perspective and pay due attention to their effects on the expectations of economic agents. The crucial actions are to develop consistent medium-term policy frameworks, plan sufficiently in advance for how current policies will be unwound when normal conditions return, and develop a consistent approach to macro financial stability. Together, these measures would ensure that short-term policy actions do not sow the seeds of tomorrows boom and bust episodes. 11. Philipp Hildebrand: The global financial crisis analysis and outlook, Zurich, 5 February 2009. Only a careful investigation of the responsibilities is likely to point to ways in which financial system, and ultimately economy, can be made more resilient once this crisis has been overcome. Financial markets react to incentives, and these incentives were misplaced in the past. It is in power to start lobbying for clearly defined and risk-limiting conditions. 12. Jean-Claude Trichet: Remarks on the financial turmoil Brussels, 8 December 2008. Measures to address the challenges posed by the current conditions in the financial markets. In addition avoiding the reoccurrence of a similar crisis in the future. However, measures taken by public authorities can only go so far. The banking sector needs to also do its part by committing to reactivating the interbank market, resuming their intermediation role and implementing the necessary reforms aimed at strengthening the resilience of the financial system in the long term. 13. Jose Manuel Gonzalez-Paramo: The financial market crisis, uncertainty and policy responses , Madrid, 21 November 2008. Uncertainty translated into a severe under-appreciation of the risks associated with certain classes of financial instruments and institutions. More recently, with the intensification and broadening of the market turmoil, uncertainty has further increased and developed into a pervasive phenomenon affecting a wide range of markets, assets and financial sectors. Systemic uncertainty may potentially undermine the foundations of our financial systems, which are in turn essential for the orderly functioning of economies. 14. Christian Noyer: Some thoughts on the financial crisis Tokyo, 18 November 2008. Economic and financial forces are at play and recent events are the consequences of such forces. Policy makers, have a very critical role to play to try and ensure that such qualitative remain aligned with facts and reality. 15. Lars Nyberg: Challenges following the current crisis Santiago, 6 November 2008. The crisis will most likely redraw the global financial landscape in various ways. And even if the recent measures taken by governments and central banks have improved market conditions somewhat, it is far from certain that the crisis will be over any time soon. What will come out at the other end of the crisis is also still much too early to tell. The financial industry and the responsible authorities have to make certain that the costs of the prevailing financial turbulence are kept as low as possible. 16. Christian Noyer: A review of the financial crisis Paris, 7 October 2008 (updated 15 October 2008). To address all the questions and challenges that this crisis has raised: these include the role of credit ratings agencies, the management of risk, market infrastructures, the scope of financial regulation and the question of remuneration.. Pay structures should not encourage short-termism or, as was the case, excessive risk taking. 17. Lorenzo Bini Smaghi: Some thoughts on the international financial crisis , Milan, 20 October 2008. There are some time-honoured lines of action which relate to the prevention of crises, namely better regulation and supervision, in particular at the international level, and more effective crisis resolution mechanisms. One new point for consideration that has emerged from this crisis relates equally to ethical, social and political aspects. This should be solved both by governments, so that decision-making mechanisms can be adopted which allow the abovementioned problems to be overcome in a crisis, and also by the financial sector itself, which must clearly draw some lessons from recent events. In a market economy, maximizing profits and shareholders interests are a priority for management. They permit the efficient allocation of resources within the economy. However, when a sector such as the financial sector is of systemic importance to the functioning of the economy and is prone to instability, the objective function must be broader. It is a problem of rules, incentives and individual responsibility.