Characteristics Of A Recession The Great Recession

The Great Recession was a hard time for most of the country. The economy had dropped so low that it was the largest drop since the Great Depression. People were not only losing their jobs but also their homes due to the fact that they could no longer afford their payments. People cut back on spending all together and in turn that affected a lot of businesses. Characteristics of a recession are defined as by the U.S. Bureau of Labor, â€Å"A general slowdown in economic activity, a downturn in the business cycle, a reduction in amount of goods and services produced and sold† (U.S. Bureau Of Labor). This hard time for millions of Americans lasted for 18 months and it created a lot of damage and that is why it has been deemed ‘The Great Recession’. Our country may not be considered in a state of recession any more but people are still being affected by this and are slowly trying to be back on their feet. Starting back from the very beginning, before the crisis hit rock bottom, the real problem started in the late 1990’s when the government stressed the importance of national homeownership. People were starting to take out loans and purchase homes in the early 2000’s because the qualifications weren’t as strict as they had previously been. According to an article on businessweek.com, â€Å"It promoted paper-thin downpayments and pushed for ways to get lenders to give mortgage loans to first-time buyers with shaky financing and incomes† (Coy). This had a lot to due with the fact thatShow MoreRelatedA General Slowdown In Economic Activity, A Downturn In1664 Words   |  7 Pageslisted here, are characteristics of a recession. A recession has a domino effect, where increased unemployment leads to less growth and a drop in consumer spending, directly affecting businesses, which lay off workers due to losses. A recession occurs when there are continuous (two or more) quarters of negative gross domestic product growth (GDP). In plain english this means, that economic growth slows down during a recession. Data showing an economy experiencing a period of recession include a fallRead MoreThe Impact of the Great Recession on Workplace Stress1097 Words   |  5 Pagesof their support networks. Who paid the final price? Companies cut costs through pay cuts, layoffs, and closings. While this may have saved jobs for many, the feeling of loss and vulnerability permeated corporate American in all ranks. The Great Recession was a rude awakening for those living the American Dream at the turn of the century. The 2000’s were the new 80’s, but for all. People lived off credit, borrowed time with Home Equity Lines of Credit and lived through every cent they made. Read MoreThe Rates Of 2007-2009 And The Inflation From 2002-20071176 Words   |  5 Pagestime which leads to inflation. There are also decreases in the general price level of goods and services in an economy over a period of time. A peak in the business cycle is a temporary high point. A macro setback called a recession, or contraction follows each peak. A recession is a downturn in the business cycle during which real GDP declines, business profits fall, the percentage of the workforce without jobs rises, and production capacity is underutilized. An expansion is an upturn in the businessRead MoreEconomic Development Of A Country1027 Words   |  5 Pages(Miller, 2012). The development of a country is based on many characteristics, such as the average income per capita, level of education, the death rate every year, the population health, and many more, but the most important characteristic is the economic activity of a country, therefore it should be promoted over any type of characteristics. Fiscal policy is a very important part of the economic. Its foundation were laid after the great depression of 1929. Fiscal policy can be defined as action byRead MoreExploiting the Economic Downturn1329 Words   |  5 PagesExploiting the economic downturn Recession is defined as the economic slowdown or decline characterized by slowing down of trade, a magnitude decline in the GDP, and a decrease in employment usually lasting between 6months to a year. This was the situation in the USA the hardest times being from 2008 through 2009 and the early months of 2010. America is still recovering from the effects of the recession that the country experienced from 2007 to 2009. The slow down in economy triggered a massiveRead MoreWhat Are Crocs Core Competencies?1448 Words   |  6 Pages†¢ designer image/status (e.g., Harley Davidson motorcycles and its vast clothing line) (Tauber 1988). A key component in determining which brand leveraging growth strategies will be successful is defining Croc’s brand personality characteristics. These characteristics create brand distinctiveness and, once defined, help marketers identify the key personality factors which can be used to leverage brand extensions (Pandey 2009). For example, Croc’s rubber products are known for being easy to cleanRead MoreThe Boom And Bust Of The Housing Market Bubble1531 Words   |  7 PagesAs a member of the Millennial’s and as a student of economics, The Great Recession, the greatest economic downturn we’ve seen in 70 years is truly an intriguing topic. It is the first economic crisis that many of my generation can truly say we lived through. With the burst of the housing bubble and the failure of various financial institutions, the United States was dragged kicking and screaming from the prosperous age of nearly uninterrupted economic growth since the early eighties, into an unemploymentRead MoreThe Great Depression And Recession952 Words   |  4 Pages Thank you for providing students the opportunity to explore their perspectives. In this reflection paper, I will summarize my comprehension of the Great Depression and Recession, react to readings and lectures and share my views of a remarkable article that I recently read. In today’s fast-paced world, students, similar to many Americans, do not have enough time in a day to notice the intensity of the economy in their ultimate satisfaction, happiness, and overall well-being. Thus, America’sRead MoreHomelessness is No Longer an Issue1299 Words   |  6 PagesEvery night there is one child that gets tucked in a warm, comfortable bed at home by his mother and father and another child waiting for the church to be unlocked for the night because that is his only choice of shelter for the evening. The â€Å"Great Recession† isn’t over for so many of America’s youth, though many would disagree considering our President declared its end in 2009. Out of the millions of children living in the Unites States, 1.6 million are homeless. Who or what do we blame for someRead MoreBusiness Cycle1566 Words   |  7 PagesASSIGNMENT 1 Introduction In macroeconomics, business cycle played an important role to show what a national economy is going; therefore, this essay will define what business cycle is and its characteristics. Besides, all of variables such as Real Gross Domestic Product (RGDP), inflation and unemployment rate and their behaviour in the business cycle will be also demonstrated in the second part. The final part of this essay will analyse and compare the situation of Australian economy and USA

How To Protect Kids From Prescription Drug Abuse....

How To Protect Kids From Prescription Drug Abuse Prescription drug abuse among kids has become one of the common problems that parents are currently facing. Thousands of families are affected by this kind of abuse each year which has led to illegal drug use, frequent emergency room visits, overdose deaths and an increase in the number of crimes related to drug use. Parents are losing their children at such an alarming rate that not unless parents do something about it to prevent their children from succumbing to such abuse, then the rates would continue to increase. According to the National Institute on Drug Abuse (NIDA), the majority of prescription drugs that are abused come from homes. This means that the children have easier access to†¦show more content†¦Ã¢â‚¬ ¢ In 2011, an average of 13 prescriptions for every person in America have been given by physicians. †¢ The cost of prescription opioids reached $78.5B in 2013. †¢ At least 2,500 youths abuse a pain reliever for the first time. †¢ According to a survey, 50% of teenagers believe that it is safer to use prescription drugs than street drugs. †¢ Teens who abuse prescription drugs are twice as likely to use alcohol and five times more likely to use marijuana. †¢ Fentanyl, an opioid pain killer, killed more than 1,000 people in 2007. Why are kids using (prescription)drugs? The reasons why children are using drugs may differ from one another. But more often than not, drugs have become their best friend without them knowing that it has become their silent killer. It is important for parents to understand the behavior of their children and not to ignore or underestimate the impact of stress or personal problems. Parents should always have a watchful eye over their children especially their teens. Some of the reasons why kids fall for drugs are: †¢ Used as a stress-buster. Parents may not realize that stress can also get in the way of the life of their children. Most often, we associate stress with adults who face more challenges every day. But children, too, do find themselves all stressed out because of a number of reasons: homework, new lessons to study for tests, projects, teen problems, etc†¦ †¢ To be part of a group. Teens, most especially, wants toShow MoreRelatedEssay about Amphetamines: Recreational or Instrumental1069 Words   |  5 PagesEveryone has his or her own opinion about drugs. Recreational drug use is using an illegal drug to get high. Instrumental use can be described when a person uses the same drug to achieve an effect to complete a task. Society has had many different views about drugs, and has changed its view many times throughout history. 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According to recent research, the wealthy is equal to the least fortunate of all 41 million African Americans’

Electronic Monitoring Today Essay Research Paper Electronic free essay sample

Electronic Monitoring Today Essay, Research Paper Electronic Monitoring Today Electronic monitoring has emerged as one of the most popular signifiers of community corrections in the United States today. Electronic monitoring began and/or was foremost used in about 1984. Today, about 12,000- 15,000 wrongdoers or participants are being monitored on a day-to-day footing. The electronic monitoring equipment used today allows us to find if a monitored participant is in his/her needed topographic point at the proper clip. When I speak of electronic supervising the first thing that comes to your head is likely an ankle watchband. Well, today? s engineering has called for a few new and interesting non to advert easier signifiers of monitoring wrongdoers and participants. ( It is indispensable for me to observe that non all individuals being monitored have been convicted of offenses. Monitoring is besides used as a status of pre-trial release. In my research I will concentrate on the guidelines of probation monitoring ) . Today, we have proctors in the signifier of wrist watchs, we besides have proctors in the signifier of voice confirmation through the wrongdoers telephone, and there is besides a system of ocular confirmation that assures that the participant is replying the phone. There are even units that have drive-by options that allow a supervising officer to sit outside of a edifice and state whether or non an wrongdoer is indoors, where he/she is required to be. These signifiers are in add-on to the ankle watchband. Over the old ages engineering has besides been able to? heighten battery life and better the sets worn by wrongdoers by doing them non-stretchable and tamper-resistant. A new nomadic unit allows oversing officers to look into on wrongdoers and keep bipartisan conversations with them without of all time holding to go forth their vehicles ( Papy 132 ) . ? In the wrist watch plan the participant is signaled through the device at assorted random times throughout the twenty-four hours. The participant is so obligated to name a cardinal monitoring station from a nearby phone utilizing a 1-800 figure. The cardinal monitoring station picks up the participant? s location utilizing company ID. The participant is so supposed to press and keep the face of the wrist watch to the phone. The device generates a beeping codification, which will place the participant. The telephone call besides is able to observe whether or non the device has been tampered with, and if the participant is in their correct, needed locations. The officer plans the figure of random signals. In the voice confirmation system, the participant is either called at their place at random or they are scheduled to do a call at certain times. However, the system is computerized to pick up the participant? s voice no affair what type of phone, or what type of status the phone is in. This system is 95 % accurate and can easy state the difference between relations. It can besides do a positive designation when the participant has a cold. In connexion with the voice confirmation system there is a ocular confirmation option that allows the officer to do certain that the participant is the individual replying the phone. The oversing officer has three chief duties: selecting participants for the plan, put ining whatever device is necessary for the monitoring plan ( fundamentally? hooking up the wrongdoer? ) , and oversing the participants. ? Military officers are contacted each clip one of the following? cardinal events? occurs: unauthorised absences from the abode ; failure to return to the abode from a scheduled absence ; late reachings ; early goings from a abode ; equipment malfunctions ; fiddling with the monitoring equipment ; loss of electrical power or telephone service ; location confirmation failure ( where a participant moves the monitoring equipment from the abode without permission ) ; and when the monitoring equipment misses a indiscriminately scheduled call to the monitoring centre ( Altman, Murray, Wooten 31 ) ? . These are all certain misdemeanors that set off and can alarm the officer of a participant foul up. When the officer is alerted of a misdemeanor he/she calls the cardinal mo nitoring station and finds out who is in misdemeanor and does whatever is necessary to manage the job. While electronic monitoring is a turning tendency in community corrections, two of the major inquiries are is electronic monitoring cost effectual? If so, which system is the best and most secures? Unfortunately today in our society we have reached some highly crime-ridden times. Crime rates are surging, and the corrections system is running out of topographic points and things to make with wrongdoers. Prisons and gaols are being overcrowded. The figure of people on probation in early 1998 was good over 3.2 million. All of these maps are bing us money. Following to protecting the community, and rehabilitating wrongdoers we besides want to happen new plans and thoughts that will salvage us money. ? ? Besides provides us with a important cost nest eggs for the authorities. In financial twelvemonth 1996 ( harmonizing to the Administrative office ) , if place parturiency did non be, more than 8,000 wrongdoers would hold been in prison or halfway houses and more than 5,000 suspects would hold been detained in detainment centres or halfway houses ( Altman, Murray, Wooten 32 ) ? . One of the chief inquiries asked when covering with community corrections, and the electronic monitoring devices is are they cost effectual. Are they salvaging us money, or losing us money? Well, in 1996, the cost of captivity was about 42-61 million, depending on the degree of captivity, and the cost of monitoring was 19 million. The entire cost of nest eggs in that class was around 23-42 million. On the other side the cost of detainment was 2-41 million, depending on the type of detainment installation, and the cost of monitoring was around 12 million. The entire cost of salvaging in this peculiar class was 15-29 million. Now, when asked if electronic monitoring is cost effectual the entire nest eggs for the twelvemonth of 1996 was 38-70 million. These figures are all depending on the degree of captivity or the type of detainment installation we are covering with when speaking about salvaging. Different installations have their ain day-to-day rates. ( Stats from chart in Altman, Murray, and Wooten 32 ) . By looking at the figures in this chart, it is easy to see that so far electronic monitoring is salvaging money. Even though these figures are from 1996 the figure sum for nest eggs should be higher today. I say this because ; as the figure of wrongdoers rises so should the figure of those put on the systems. In bend, salvaging even more dollars. Now that we have dealt with the job of cost-effectiveness. What system is the best? The electronic monitoring systems have come a long manner since the mid 80? s. They have evolved into much more than merely the ankle watchbands. Earlier I antecedently described to you the a few types of proctors. In my sentiment the best proctor is non ever the cheapest proctor. The best proctor is the 1 that will maintain an wrongdoer out of the prison system, and aid to reintegrate an wrongdoer back into the community. Equally good as maintain tight surveillance on the wrongdoer and guarantee the community that they are safe. The proctor that does this the best I feel is the voice confirmation proctors. ? Those system maps basically place calls to pretrial releasees at programmed intervals to remind them or teach them to make such things as study to the office, attend their following scheduled tribunal visual aspect, supply a urine specimen, or whatever other information officers need to convey to suspects. These system maps can besides be used to supervise suspects? place detainment or curfew conditions of release ( Cadigan 53 ) ? . This monitoring system works in one of two ways: the wrongdoer either calls the system at specified times, or the system will name the wrongdoer at assorted specified times. Once the wrongdoer speaks into the phone the system can pick up the proper voice at a 95 % acknowledgment rate. This system is able to distinguish between household members, so that brothers, female parents, male parents, or sisters can non seek to cover for suspects. When this plan has been implemented into a place there are certain phone characteristics that must be cut off of the wrongdoers phone. Features such as three manner naming, dual line, call-forwarding. The wrongdoer must demo cogent evidence of this, by demoing his phone measure to the oversing officer every month. This system is strictly tamper cogent evidence . This is why I feel that it is the best manner to travel in taking a proctor. Not merely has electronic monitoring emerged as one of the most popular signifiers of community corrections today. It is besides one of the most cost-efficient plans in community corrections. We have learned about electronic monitoring devices other than the ankle watchband. We have learned the dollar sum that electronic monitoring is salvaging our authorities. I have besides discussed with you the device that I feel provides the community with the best safety confidence, and allows the wrongdoer to be treated and reintegrated back into society. Electronic monitoring is a really of import portion of community corrections today! The more wrongdoers traveling through the system the proctors we will hold being used. Over the old ages as offense has risen so has the engineering of the electronic monitoring device. As offense additions so will the engineering for these devices. I feel really confident in the systems we use today, in that they are protecting us ( observant citizens ) and maintaining a stopping point oculus on them ( condemnable wrongdoers ) .

Film vs. Text Essay Example

Film vs. Text Paper These books show the paths taken by heroes and how the Gods have mingled with their lives depending to whom they are favored. As a result of the worlds large interest on these pieces of art, a film adaptation of these epics have been produced throughout the years. But turning these epics Into film adaptations can cause alterations on the vents, leading to misconceptions and confusions about the epic Itself. The movie Troy was by far, the closest adaptation of The Iliad. It still portrays the most important parts with only slight alterations. The first thing to be noticed was the absence of the Gods on the film. The Gods portray a great deal on the Iliad for it is with them that the mortals win or lose their battles, according to who the Gods favored. Another difference was between the beginning of the epic poem and the film. We will write a custom essay sample on Film vs. Text specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Film vs. Text specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Film vs. Text specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The Iliad started on the battle between Chrysler, a town allied with Troy, and the Achaeans. Two dutiful maidens were held captive and they were Chrysler and Berries. In the film Troy, however, it started on the conquering of Thessaly by the Greeks. Nevertheless, both the beginnings of the book and the film implements Achilles disdain for Agamemnon. A character which shows another difference between the text and the film was Patrols. Family ties were given great importance on this film. One man will do anything for his brothers sake, Including putting his own country at stake. It was probably why In the epic, Patrols Is only a beloved friend of Achilles but In the film e was portrayed as a cousin of Achilles. The film showed a family bond between the two to probably Justify the violence and disrespect of what Achilles did to Hector as a revenge for Patrols death. The war between the Trojan and the Greeks could have been prevented If not for Pearls treacherous act towards Menelaus. Both the book and the film depicted the duel between Menelaus and Paris for the hand of Helen. What made that scene different was the fact that at the film, Paris was the one who suggested the duel. The film suggests that Paris undergone several changes, room being daring for the sake of Helen and Troy. To being a coward when In face with the enemies then being valiant at the death of Hector while the book shows that he was from the start, a coward but he had changed into being courageous for the sake of avenging Hector and for the sake of Troy. Originally, Menelaus was not killed by Hector; he was only shot by Panders under Ethanes Influence. It was both shown on the movie and the text how Achilles stopped fighting for the Greeks for several days. During those days, the Greek army continued to lose their battles. Patrols owned the battle wearing Achilles armor and he was killed by Hector. The difference on this scene between the text and the film was: In the epic, Achilles agreed to Nesters Idea of having Patrols to wear his armor to drive the Trojan back to their city walls but on the film, neither Achilles nor the Myrmidons knew that Patrols was 1 OFF are different; it led to the same outcome, Achilles fury towards Hector. In the film Troy, not once was Hector featured as a fearful warrior even up to his last breath. The last scenes of Hector were him welcoming whatever his fate might be and fighting Achilles heroically but on the text, it was said that he feared Achilles when he saw him approaching the gates of Troy. The start of their fight was Hector fleeing from Achilles around the walls of Troy until Athena tricked him into believing that she was on her side. The film depicted the bravery of men and their passion to fight and die valiantly for their motherland while the text showed the reality that men, however, brave they are, still fear their deaths as it comes near them. The epic poem The Iliad ended with the burial of Prince Hector, tamer of horses, and in comparison with the elm, Troy, the story ended with the burial of Achilles, the greatest warrior of the Greeks. The Odyssey, a sequel to the epic poem The Iliad, centers on the Journey of Odysseus on his way home to Ithaca after the Trojan War. The 1997 film version of The Odyssey is the most faithful adaptation of the original epic poem. There are only few differences between the text and the film, the first to be noticed is the style that the film was adapted. The film used a plotted technique wherein it started at the birth of Telemeters and the arrival of the Greek Kings to persuade Odysseus, and his adventures to Ithaca was accounted from the first up to the last. In comparison to the film, the text was written In medias rest style wherein Odysseus was to be seen imprisoned on the island Aggie by the nymph Calypso until he was freed and he recounted his adventures that led him to the island of Aggie to the king and queen of the Physicians. There have been deductions to the film; one was his adventure to Samaras, the city of the Scones. Another was when he was swept on the land of lotus-eaters. There was also difference on the span that they stayed at Circles island. The film showed that they stayed there for five years while it was only a year on the text. The film stayed faithful to the text in terms of how Odysseus deals with each of his adventures, Penelope loyalty to his husband, Telemeters hope for his fathers come back. And Odysseus, even after having affairs with women, still yearns for his own family and stayed loyal and faithful to his own land. The film and the text both ended with the reunion of Odysseus to his family and country and finally there is peace again in Ithaca. Lopped, Thailand Mari M. BSM-AAA

Speech Pathology as a Career essays

Speech Pathology as a Career essays For the many people afflicted with a speech impediment, there often seems to be little hope. Many of these people are ridiculed as children, or cast out of society as a young adult. Many are sent to doctors and specialists who try to determine what is wrong with them. On occasion, they will meet a person who can help them, and ultimately, change their life for the better. This person is a speech patholgist. As one woman, the mother of three, said: I think the one thing I would like to make sure this articles says is that speech therapy is well worth the time invested, that these services are definitely out there (Greene). One of the most rewarding, enduring, and expanding professions is speech pathology. Speech pathology is a new profession. It is also a somewhat controversial one. Many believe that it has its merits; however there are a few noisy people who believe that speech pathology is a useless ambition. They believe that children suffering from a speech disorder will eventually grow out of it. However, that goes along with the territory of being a relatively new medical profession. It first surfaced in the late 1940s, after World War II. Many soldiers returned from the frontlines with head wounds that limited speech. Teachers, neurologists, and other doctors wanted to help the injured men, and a profession was born (Enderby and Emerson 1). Speech pathologists work with people who cannot speak clearly or at all. They also work with people who have problems with swallowing and eating. Working with a speech pathologist may be an audiologist, who works with the hearing impaired (Price). The speech pathologist tries to find what the culprit of a patients speech problem might be. These problems include rhythm problems, harsh voices, and problems with comprehending the language. Speech pathologists evaluate the patients needs by using formal tests to discover his or her ability...

Body Image Concerns and Sociocultural Ideals essays

Body Image Concerns and Sociocultural Ideals essays Body image concerns and preoccupation are significantly high in America compared to other industrialized countries. Weight concern in British women, for example, is not excessive and there is little evidence of idealization of dangerously low weights (Wardle s appearance, is extremely prevalent and may be associated with psychological distress (e.g., depression) and functional impairment (Thompson et al., 1999). Degree of body dissatisfaction is often measured as the discrepancy between ones self-perceived real and ideal body size (Showers The slender body type as a beauty standard for women is especially salient in the media, and several researchers have demonstrated how the female body depicted in the media has become increasingly thin (Garner et al., 1980; Wiseman et al., 1992). Recent research has explored the internalization of the thin ideal, transmitted through popular media and strengthened through social reinforcement, as a potential risk factor for the development of eating disorders and body image concerns (Cusumano Heinberg et al., 1995; Thompson buys into socially defined ideals of attractiveness and emerges in behaviors designed to produce an approximation of these ideals (Thompson et al., 1999). Spec...

Persuasive paper Essay Example | Topics and Well Written Essays - 750 words - 7

Persuasive paper - Essay Example The basis of this approach is that since all behavior is learned, all behavior can be unlearned. This approach, therefore, sees the human development from childhood to adulthood as a continuous process in which desirable behavior is learned, and undesirable behavior unlearned. The study of animal behavior plays a critical role in knowing how this learning and unlearning of human behavior takes place (Bustamente and Ramo, 1996). Many psychologists and social scientists have used research in animal behavior to understand a broad range of human habits. For example, the Great Russian scientist Ivan Pavlov used animal research to understand conditioned reflexes in animals. Daly and Wilsons work on human homicides is based almost entirely on their evolutionary analysis of animals. A similar approach has been used in understanding child abuse. De Waal’s studies on chimpanzees and monkeys shed insights into the causes of human aggression, reconciliation and cooperation (Snowdon, 2009). A few examples show how research in animal behavior has been instrumental in understanding human behavior. From these studies, it is possible to know the causes of certain behavioral tendencies in humans. This is valuable information because it enables psychologists to devise effective strategies of unlearning behaviors that are undesirable (Snowdon, 2009). My second reason is that the study of animal behavior is critical in the treatment of a number of human behavioral disorders. Most of these disorders like alcoholism, depression and schizophrenia are uniquely human. Even though they are not observed among animals, animal models are crucial in understanding of these behaviors, especially on their genetic origins. Typically, these animal models are used to test a broad range of hypotheses under conditions and methods that are unethical or impossible to apply to human beings. For example, research on areas like mental illnesses, drug addiction, memory disorders, human cognition