Independent Genitive †Definition and Examples

Autonomous Genitive s The autonomous genitive is a development wherein the thing following the possessive structure is excluded, (for example, We halted at Sams), normally in light of the fact that the setting makes the significance understood without it. English likewise has autonomous genitive pronounsâ (also called strongâ orâ absoluteâ possessive pronouns):â mine, yours, his, hers, its, ours,â andâ theirs. In contrast to subordinate genitive pronouns (or frail possessives), which fill in as determiners before things, the autonomous genitive pronouns replace phrases. For instance, in the sentence Thats her book, her is reliant on the thing book, while in the sentence Thats hers, hers is autonomous. Academic Examples and Observations Interminable blue neon, were never closed.When the world is asleep,Darling, come take a seat.You can generally eat at Joes,Eat at Joes.(Gary Harrison and Matraca Maria Berg, Eat at Joes. Performed by Suzy Bogguss on Voices in the Wind, 1992)My mother discovered that she was conveying me at about a similar time the Second World War was announced; with the family ability for enchantment authenticity, she once revealed to me she had been to the specialists on the very day.(Angela Carter, The Mother Lode. Getting a move on. Penguin, 1998)I like the laundry. I like the feeling of reward and restoration. I like the manner in which filthy old torn garments are dumped, to be returned perfect and healthy in their elusive plastic cases.(Fay Weldon, The Heart of the Country. Viking Penguin, 1988)Apples piece of the pie is greater than BMWs or Mercedess or Porsches in the car advertise. Whats amiss with being BMW or Mercedes?(Steve Jobs, cited by Jason D. OGrady in Apple Inc. Greenwood, 2009)H e crossed Fifth Avenueâ at St. Patricks andâ recalled strolling through the congregation once - such a vacationer activity - and watching Lois light a candle.(Rick Hamlin, Reading Between the Lines. Howard Books, 2006) Free and Dependent Genitives A free genitive isn't trailed by a thing: A free genitive is frequently utilized in alluding to connections between individuals, as in these models. Notice that this development has a quite certain significance. The free genitive a companion of Carolines doesn't mean equivalent to the needy genitive Carolines companion: Free: We met a companion of Carolines in Spain. Subordinate: We met Carolines companion in Spain. The free genitive methods one of Carolines companions, who might possibly be known to the listener. Conversely, the needy genitive methods one explicit companion, who is thought to be known to the listener. Autonomous genitives are likewise utilized regarding spots and organizations: (Gerald Nelson, English: An Essential Grammar, second ed. Routledge, 2011) A companion of CarolinesA partner of FranksAn old armed force buddy of JimsShe remained at Rebeccas houseI ran into Jim in Sainsburys supermarketI left my wallet in the hair stylists the hairdressers shop Free Genitive Pronouns Note that the vast majority of the free structures are recognized from the reliant structures essentially by the nearness of a word-last - s. The special cases are the first individual autonomous genitive (mine as opposed to *mys), and the manly and unbiased types of the third individual free genitive (his, its), which are indistinguishable from the third individual ward genitive structures. These pronouns are regularly portrayed as possessive structures. This isn't the most valuable name, since the importance of these structures isn't confined to communicating ownership. This is appeared in the models in (27), just the first can be said to include the semantic connection of ownership: (27a) I should clean my vehicle. (27b) The teachers were not amazed by his disappointment. (27c) Their old neighborhood is Cambridge. (Martin J. Endley, Linguistic Perspectives on English Grammar. Data Age, 2010) There are four sorts of individuals. (1) He who says What’s mine will be mine and what’s yours is yoursthis is the normal sort. (What's more, some state, This is the kind of Sodom.) (2) Whats mine is yours and whats yours is minethis is an animal. (3) Whats mine is yours and whats yours is yoursthis is a genuinely devout man. (4) Whats mine will be mine and whats yours is minethis is a genuinely mischievous man. (Tractate Abot 5:10. The Book of Jewish Wisdom: The Talmud of the Well-Considered Life, ed. by Jacob Neusner and Noam M. M. Neusner. Continuum, 1996)

What Really Caused the American Revolution

History specialists have contended about the numerous prospects of why the American Revolution happened. The explanation behind this is the primary driver of the insurgency caused other as far as anyone knows â€Å"causes of the revolution†. The most essential least difficult reason for the American Revolution is simply the way that separation debilitates authority; more prominent separation debilitates authority significantly more enormously. Detachment from the â€Å"child† country (Thirteen Colonies) from its motherland (Great Britain) was inevitable.During the Seven Years’ War Britain thought the provinces were acting repulsive and were the reason for the Seven Years’ War in light of the fact that the war began in America. When it attempted to recover control Britain was stunned when it saw that they were losing handle of their thirteen settlements and saw their youngster was growing up into a pre-adult. America wasn’t truly searching for autono my they looked for just to guarantee the â€Å"rights of Englishmen†, however impacts between two distinct perspectives on realm divided the American states and their homeland; likewise Americans were consistently pushing toward an increasingly self-gover nment.But there were additionally those other apparently â€Å"causes of the revolution† that happened. A way Britain attempted to recover control and the ? 140 million they were owing debtors for protecting the American settlements, forced Navigation laws which implied that all business streaming to and from the provinces would be shipped distinctly in British vessels. At that point there were the expenses, one which made the American pioneers furious was the Stamp Act of 1765.Prime Minister George Grenville was angry of the provinces and requested British naval force to start authorizing the route laws all the more carefully and made sure about from Parliament the Sugar Act of 1764, raised obligation on outside suga r imported from the West Indies, and was the principal law at any point went for bringing charge income up in the states for the crown. At that point there was the Quartering Act of 1765, required certain provinces to give food and quarters to British soldiers. The Stamp Act of 1765 commanded the utilization of stepped paper or the appending of stamps, guaranteeing installment of tax.These stamps were required on bills of offer for around fifty exchange things, specific kinds of business and authoritative reports, including playing a game of cards, flyers, papers, confirmations, bills of replenishing, and marriage licenses. Despite the fact that the Americans weren’t being burdened as much as British individuals they were as yet offended, they felt Grenville’s poisonous enactment imperiled the fundamental privileges of the pioneers as Englishmen. Furious American throats raised the cry â€Å"No tax imposition without any political benefit! They yielded the privilege o f Parliament to administer about issues that influenced the whole realm; they relentlessly prevented the privilege from securing Parliament to force burdens on Americans. Just their own chosen frontier lawmaking bodies could legitimately burden them. Grenville excused these American fights and stated regardless the Americans were spoken to in Parliament. He guaranteed that each individual from Parliament spoke to every single British subject, even those Americans in Boston or Charleston who had never decided in favor of an individual from parliament this hypothesis is known as â€Å"virtual representation†.The Americans didn’t like this thought by any stretch of the imagination, and honestly didn’t truly need any immediate portrayal in Parliament. Pilgrims clung to no tax imposition without any political benefit. Benjamin Franklin, at that point in London as a noticeable provincial operator affirmed before a panel of the House of Commons. He responded to fluctua tes questions splendidly. He brought up that if a military power would be sent to America no one would be found in arms â€Å"what would they say they are then to do? They can't drive a man to take stamps who decides to manage without them. They won't discover a resistance: they may without a doubt make one. Provincial objections against the loathed stamp charge took different structures. The Stamp Act Congress of 1765 it was one all the more stopping yet critical advance toward intercolonial solidarity. Increasingly viable was the Nonimportation Agreements against British products. Some viciousness went with frontier fights, two gatherings called Sons of Liberty and Daughters of Liberty went rogue. They authorized the nonimportation understandings against violators, frequently they would publicly shame them, and scoured places of disagreeable officials.About one-portion of British delivery was dedicated to American exchange, dealers, makers, and shippers endured as a result of the nonimportation understandings. After a stormy discussion Parliament canceled the Stamp Act. â€Å"Champagne Charley† Townshend could convey the most amazing talks even while alcoholic. He convinced Parliament to pass the Townshend Acts in 1767; generally significant of these new guidelines was a light import obligation on glass, white lead, paper, paint, and tea. He made them an aberrant traditions obligation payable at American ports. Be that as it may, Americans still weren’t attached to this and discovered it the same than the Stamp Act.They still were charges and without portrayal. Americans found the duty on tea increasingly annoying on the grounds that an expected 1 million individuals drank the drink two times per day. The pilgrims by and by attempted the nonimportation understandings yet end up being less viable than the ones against the Stamp Act. They despite everything paid attention to the duty less basically on the grounds that it was light and circuitous . Also they discovered they could carry the tea at a modest cost. English authorities sent two regiments of troops to Boston. Numerous settlers felt hatred against the nearness of the warriors and provoked them unmercifully.On March 5, 1770 a horde of around 60 townspeople assaulted a group of around ten redcoats. Furthermore, with no defense and without orders started shooting and executed or injured eleven â€Å"innocent† residents. In spite of the fact that the redcoats just acted along these lines since they were under outrageous incitement, one of them was hit by a club and another was wrecked. Defiance was as yet inescapable by 1773, nonimportation was debilitating, and the pilgrims were hesitantly paying the tea charge in light of the fact that the legitimate tea was less expensive than the pirated tea it was much less expensive than the tea in England.The British East India Company was failing a direct result of the 17 million pounds of unsold tea. The London governme nt would fall and lose charge income vigorously. So the service helped the organization by giving it unlimited oversight of the American tea business. Americans were offended and felt as though they were being deceived. In Philadelphia and New York mass shows constrained tea-bearing boats to come back to England with their freight keeps despite everything full. The most vital of this doing was in Boston, Massachusetts.Thomas Hutchinson, legislative head of Massachusetts had just felt the anger of the irate crowd, when Stamp Act protestors had devastated his home. Despite the fact that he despite everything requested the tea ships not to leave Boston until all its freight was emptied. Rankled Bostonians camouflaged as Indians boarded on the boats and crushed open 342 chests of tea and dumped it into the Boston harbor. Parliament reacted to the Boston Tea Party right away. In 1774 arrangement of acts were made. Americans called them â€Å"the slaughter of American Liberty† by o thers as the â€Å"Intolerable Acts†, huge numbers of the contracted privileges of provincial Massachusetts were cleared away.And with the â€Å"Intolerable Acts† came the Quebec Act, both took a break. American saw this demonstration particularly harmful, it appeared to set a perilous point of reference in America against jury preliminaries and mainstream congregations. Land theorists got frightened; enemies of Catholics got upset to see an enormous trans-Allegheny region grabbed from them. All these evidently â€Å"causes of the revolution† rubbed the Americans, they were exhausted so they went to a bringing of a Continental Congress in 1774.The congress thought of a few honorable papers including the Declaration of Rights, and claims to other British American settlements to the lord and British individuals. Despite the fact that they weren’t searching for freedom and looked for simply to cancel the hostile enactment and come back to the cheerful days b efore parliamentary tax assessment, when they were disregarded. On the off chance that these frontier complaints weren’t taken to thought the Congress was to meet once more. What's more, obviously they weren’t, gradually war would crawl up behind them. The British and the Americans currently wavered near the very edge of hard and fast fighting. Along these lines the American Revolution.

MeisterTask Provides Visibility Without Micromanagement for CAD Managers - Focus

MeisterTask Provides Visibility Without Micromanagement for CAD Managers - Focus Computer Aided Design (CAD) managers wear many hats. Beside their various managerial responsibilities, such as workload scheduling and managing staff, their days are filled with reviewing drawings, building standards, troubleshooting CAD-related issues and more. To stay on top of all these tasks and keep upper management in the loop without any extra effort, CAD managers can use MeisterTask. What Is MeisterTask? MeisterTask is a an intuitive online task manager that visualizes tasks in Kanban-style project boards. CAD managers can share projects with staff for easy task assigning, as well as with upper management, to provide them with a bird’s-eye view of everything that’s going on. “CAD managers and admins wear many different hats and usually end up doing a ton of different things on any given day,” explains Jisell Howe, AutoCAD Certified CAD Administrator at Uponor. “That’s why my boss suggested I look into using an app that would provide more visibility to that.” BIM/CAD Managers: are you looking for a way to bring visibility with what you do on a day to day basis to Upper Management? Check out @meistertask . Its free and produces an easy to use kanban board. Visibility without the micromanagement ?? â€" Jisell Howe, CDT (@ji5ell) November 21, 2018 After doing some research, Jisell quickly settled on MeisterTask. “I love the Kanban card system because I can drag and drop cards to different sections based on where a task is at any point,” she explains. “I also like how each card represents a task/idea, and that supporting details can all be stored inside those cards. This way, Im able to show things at a big picture level, while I can focus on the task at hand. Its easy to implement and maintain. Its great!” In contrast to other Kanban-based task managers, MeisterTask not only visualizes workflows but also automates them. Here are a few examples of task automations CAD managers can set up: Get notified via Slack or email when a new drawing is ready for review Start the time tracking when a task is moved into the “In Progress” section Send an email to upper management when a task has been completed Automatically assign tasks to responsible team members Ready to get started? MeisterTask Basic is free to use and offers unlimited projects, tasks and collaborators. To get automations, integrations, and other power features, you can upgrade to one of MeisterTask’s premium plans anytime. Made for CAD ManagersGet Visibility Without Micromanagement Try MeisterTask Free Try MeisterTask MeisterTask Provides Visibility Without Micromanagement for CAD Managers - Focus Computer Aided Design (CAD) managers wear many hats. Beside their various managerial responsibilities, such as workload scheduling and managing staff, their days are filled with reviewing drawings, building standards, troubleshooting CAD-related issues and more. To stay on top of all these tasks and keep upper management in the loop without any extra effort, CAD managers can use MeisterTask. What Is MeisterTask? MeisterTask is a an intuitive online task manager that visualizes tasks in Kanban-style project boards. CAD managers can share projects with staff for easy task assigning, as well as with upper management, to provide them with a bird’s-eye view of everything that’s going on. “CAD managers and admins wear many different hats and usually end up doing a ton of different things on any given day,” explains Jisell Howe, AutoCAD Certified CAD Administrator at Uponor. “That’s why my boss suggested I look into using an app that would provide more visibility to that.” BIM/CAD Managers: are you looking for a way to bring visibility with what you do on a day to day basis to Upper Management? Check out @meistertask . Its free and produces an easy to use kanban board. Visibility without the micromanagement ?? â€" Jisell Howe, CDT (@ji5ell) November 21, 2018 After doing some research, Jisell quickly settled on MeisterTask. “I love the Kanban card system because I can drag and drop cards to different sections based on where a task is at any point,” she explains. “I also like how each card represents a task/idea, and that supporting details can all be stored inside those cards. This way, Im able to show things at a big picture level, while I can focus on the task at hand. Its easy to implement and maintain. Its great!” In contrast to other Kanban-based task managers, MeisterTask not only visualizes workflows but also automates them. Here are a few examples of task automations CAD managers can set up: Get notified via Slack or email when a new drawing is ready for review Start the time tracking when a task is moved into the “In Progress” section Send an email to upper management when a task has been completed Automatically assign tasks to responsible team members Ready to get started? MeisterTask Basic is free to use and offers unlimited projects, tasks and collaborators. To get automations, integrations, and other power features, you can upgrade to one of MeisterTask’s premium plans anytime. Made for CAD ManagersGet Visibility Without Micromanagement Try MeisterTask Free Try MeisterTask

Young Black Male - 850 Words

Summary of Black Men and Public Space Staples Brent in â€Å"Black Men and Public Space† described the difficulties that a young black male may encounter during his ordinary life. It is explained that, even if you are a well-educated citizen, but you are a black man—more than six feet height with a not shaved face—you could face unfair prejudice and judgment all the time in street. At the very beginning of the article Brent start with â€Å"My first victim was a woman—white, well-dressed, probably in her late twenties† (207). Leaves reader with a sense of curiosity for looking after evidence of nastiness in the upcoming story that is going to be read. Brent explains his personal experience as a young black African-American, also looking tall and†¦show more content†¦It is very hard to understand that he is not distinguishable from criminals who rob people every day. The scariest thing that bothers him much more than anything else, is that more than often there are possibilitie s in these kind of situations that fear of someone will put a dramatic end to life of someone like him. What make the situation even worse are prejudiced people like policemen or cabdrivers whose duty is judge individuals like him before they commit anything wrong. As he moves to New York, his problem with sleeping still remains despite the fact that crowded places in Manhattan reduce the tension he had been experiencing. Yet there are narrow streets in Brooklyn where he faced unpleasant moments. â€Å"I often see women who fear the worst from me† (208). Although he is suffering the heavy atmosphere above him caused by people prejudice, he understands that the source of that fear is not just something unreal. Of course women are physically weaker and more vulnerable to street crimes. On the other hand, black males are typically the first suspect for all these kind of nastiness. He never realized the feeling of being under pressure of other people judgment until he got to the age of 22. All his life before that age he was living in a neighborhood where most of the people were black, and mostlyShow MoreRelatedRacism And Its Effects On Young Black Males3146 Words   |  13 Pageshas had a powerful negative force in society. There have been many efforts made to relieve racism. Racism is still present in America, although many people are doing their best to put a stop to racism and its somewhat devastating effects on young black males in society. â€Å"You never really understand a person until you consider things from his point of view... 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The Television shows Fresh Prince of Bel Air and Black-ish bring to light and successfully decode the 20th to 21st century race issues, specifically black male issues that have not been adequately dealt with in the mainstream media. Mainstream television has had black characters and have covered black issues, but they often have characters that fit and fuel stereotypes about the black male. These characters are sometimesRead MoreLabeling Theory of the Uneducated Black Man Essay1198 Words   |  5 PagesThe Uneducated Black Male; Labeling Theory If the Looking Glass Theory is correct and people base their identity on how society views them then the Labeling Theory is the main cause for the education woes of the young Black male. I. Introduction Education should be for everyone, no one should be left behind yet forty four percent of Black men are illiterate. Why is this? There are many theories from lack of inclusion in society to Imperialist Patriarchy. Whatever the cause the issue needs toRead MoreCritique: Quantitative Research and Black Males980 Words   |  4 Pageswhat really happens in black neighborhoods and how daily lives are affected. Goffman’s (2009) purpose is to show that, â€Å"Although recent increases in imprisonment are concentrated in poor Black communities, we know little about how daily life within these neighborhoods is affected† (p. 339). Additionally, there are no research questions directly stated, but are implied throughout the article as to how exactly prejudice and racism towards the black communities can affect a black person’s life and toRead MoreYoung African Americans919 Words   |  4 Pagesnewly diagnosed HIV cases among young males who have sex with men (MSM) are du e to the epic behavioral activities of the young African American males who have sex with men. However, identifying health disparities, stigmas and barriers, and prevention interventions can help alleviate HIV among young African American males who have sex with men. Strategies to Alleviate HIV Among Young African American Males (MSM) To decrease or alleviate the HIV epidemic among young African American (MSM) there areRead MoreThe Portrayal Of The Young Black Men And Public Space1298 Words   |  6 PagesImagine being wrongfully persecuted and mistreated based on assumptions painted by society. The portrayal of the young black male in the late 1980s has not changed much in the United States. Brent Staples is able to reveal the truths of racial stereotyping in the United States, and the stigmas placed on young black males with the use of imagery in Black Men and Public Space. Appealing to the readers’ senses allows for better understanding of the time period Staples is writing about. Visual imagery

Why Financial Institutions Are Necessary In An Economy Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1522 Downloads: 5 Date added: 2017/06/26 Category Economics Essay Type Cause and effect essay Did you like this example? It is no doubt that the existence of any developed economy must leans on a well operated financial system (Moore et al 1990). A financial system was defined by Viney (2003) as a system which can comprise a range of financial institutions, instruments markets that facilitate transactions for goods and services and financial transactions. An efficient financial market makes the exchange of value for goods and services much easier (Viney 2003). Due to the financial system in present society, people do not have the barter to trade (Moore et al 1990). It would be extremely difficult to trade value without financial system and markets. Modern financial institutions, instruments and markets are the foundation of current business transaction. In present society, financial markets are performing a vital role of channeling funds. Basically, in financial markets, funds are transferred from people who have superfluous money to those people who have a shortage (Mishkin and Eak ins 2009). Namely, savers of funds will purchase financial instruments and users of funds issue financial instruments (Edmister 1986). Therefore, the relationship between savers and users of funds creates the flow of funds and financial markets (Viney 2003). A well-functioning financial market is conducive for the development and a long term economic growth (Tennant, Kirton and Abdulkadri 2010). In contrast, a poorly organized financial market is a major reason for why many countries are still remaining poor (Mishkin and Eakins 2009). Hence, the efficiency and capability of financial institutions clearly influences the growth and development of any society and the well-being of its citizens (Bryant 1987, Yeager 1989). This essay not only identifies several functions of financial institutions, but also demonstrates the vital role of financial institutions, in order to explain why financial institutions are extremely necessary in an economy. The first function of financial intermed iaries is that to help reduce the exposure of investors to actuarial risk (Mehta and Fung 2004, Mishkin and Eakins 2009). To understand this function, people ought to consider the investment risk from the perspective of a group of investors (Mehta and Fung 2004). Financial institutions achieve its risk reduction function by sharing the risk. Financial intermediaries allow assets to be created and then sold to investors with a comfortable level of risk. Financial institutions utilize the funds which obtained by the assets they have sold to purchase other more risky assets. Due to this and their excellent investment knowledge financial institutions can enjoy lower transaction costs than individuals and thus earn profits from this transformation process. On the other hand, the profits can be paid out to investors who purchased assets from financial institutions. Therefore, risky assets are transformed into safer assets for investors by financial intermediaries (Mishkin and Eakins 2009) . For instance, assume one single investor wants to invest $100 into a company whose shares are selling at $100 apiece. However, the investor faces a 10 percent chance of failure. If the company goes bankrupt, the investor will lose all his money because of this investment. If there are 100 investors want to invest to this company. Each of them is holding $100 fund and also each of them is confronting 10 percent risk of failure. Now these 10 investors pool funds together to form a bank. The bank will loan $1000 to the company. If the company failed, each investor faces just a 10 percent lose in their investment. Thus, financial intermediaries reduce the risk to customers and achieve profits through the specialist skills in credit risk management and monitoring system (Hogan et al 2001). Furthermore, the financial markets and institutions promote individuals to diversify in a variety of investments. Diversification means investors are able to combine different financial instrument s into a portfolio (Edmister 1986). A portfolio was defined by Viney (2003) as a combination of assets and liabilities that includes a wide range of financial securities. Modern portfolio theory was first introduced by Markowitz in 1952 when he published his paper Portfolio selection (Mitchell 2010). Ordinarily, a diversified portfolio is much less risky than a portfolio comprising a range of related and similar investments (Edmister 1986). In other words, it is conceivable that total risk will be reduced because losses in some investments are counteracted by gains in others. Hence, in present financial system, customers are able to choose a wide range of alternative financial assets to manage investors risk (Hogan et al 2001). However, it is easy to confuse between actuarial risk and portfolio risk. There is a fine distinction between the two. The actuarial risk focuses on the risk sharing behavior of a group of investors, but portfolio risk is from the perspective of one investor to invest a group of financial assets (Mehta and Fung 2004). The second significant function of financial institutions is informational efficiency (Mehta and Fung 2004, Mishkin and Eakins 2009). The reason why financial intermediaries play such a crucial role in society is that one party does not know adequate information about other parties in order to make investment decision (Holod and Peek 2010). Two main problems are created by asymmetric information. The first one is called adverse selection. The second problem is moral hazard. Adverse selection is the problem created before the financial transaction occurs (Florin and Simsek 2007). Due to asymmetric information, lenders are not necessarily well informed about the complete financial status of the funds borrowers. Although the lender desires the potential profits which may be produced by the borrower, the lender also may decide not to make any loans to the borrower, because the funds borrower is likely to create a bad credit . In comparison, moral hazard occurs after the financial transaction. From the money lenders point of view, the borrower might be involved in some unethical activities which can cause bad credit, such as gambling. The fund lender may decide not to lend money to the borrower, because of high bad credit risk (Kostas 2009). Therefore, financial institutions are required in financial markets to avoid these two problems. Moreover, financial institutions gather the information from market and researching the investment opportunities. By the research and analysis of information, the financial institutions reduce risk and magnify return (Mehta and Fung 2004). Customers can benefit from the information which is provided by financial intermediaries. In return, individual investors just pay an amount of commission and fees. The financial system is a principal information provider for markets and individuals who are involved with investment, because financial intermediaries are well equipped and have skillful staff to analysis market information (Viney 2003). Thus, financial institutions can mitigate impediment which created by asymmetric information to a well-functioning financial market (Hadlock and James 2003). Another function of financial intermediaries is to increase the liquidity. The liquidity of assets means the ability to sell an asset within a reasonable time, at the current market value and for reasonable transaction costs (Covitz and Downing 2007). If an investor can convert an asset into cash easily and quickly, with little or no loss of value, then the asset into has liquidity. Financial institutions are responsible for distributing funds to potential users, increasing the liquidity of funds. This is a pivotal function of financial institutions. The funds can be transferred by financial institutions from one party to another. In other words, Money will flow to the party who has particular needs through liquidity and cash flow patterns. Nothing is more important than the capital flows for the development of a society (Chung, Elder and Kim 2010). The liquidity function of financial institutions enhances the flexibility of funds (Maug 2002). For example, an investor seeks to invest in a company without sufficient funds. However, the investor has a car and currently holding some other companys stock. If the financial system is efficient, the financial market enables the investor to acquire cash by selling his car and other stock, in order to get a greater return by investing into the company. It is extremely difficult to manage financial transactions without the assistance of financial institutions. As we have seen, the investor needs cash to invest in the company. However, if there is no financial institution that can help this investor to sell his car and stock, the investor has to hire a specialist to write up contracts for this transaction. The cost of hiring an agent will offset the potential profits from this new investment. T his example illustrates that financial institutions can assist individual customers to step into financial markets and benefit from them. Hence, financial intermediaries can augment the liquidity of shares and promote more individuals to invest into financial markets, because financial institutions are able to substantially reduce the transaction cost (Mishkin and Eakins 2009). To conclude, there are three reasons why financial institutions are necessary in an economy. The first reason is that financial institutions enable to reduce the risk for investment. Risky assets can be transformed into safer assets for investors by financial intermediaries. Moreover, financial institutions also help investors to create a financial portfolio to offset the risk of different financial instruments. The second reason is that financial institutions provide information for markets. This function efficiently averts adverse selection and moral hazard (Darrough and Stoughton 1986). The third reason is that financial intermediaries increase the liquidity of shares. It assists more individual investors to invest to financial markets, because financial institutions reduce the transaction cost substantially. Due to these three reasons, financial institutions are extremely vital for the development of an economy. Don’t waste time! Our writers will create an original "Why Financial Institutions Are Necessary In An Economy Finance Essay" essay for you Create order

Torture and Public Policy - 907 Words

Summary ‘Torture and public policy’ said about story of brutal torture which arouse in Abu Ghraib. Brutal torture was outcome of chain of actions. Although upper officer did not intend make it occur. This is chronological order which bring about brutal torture. 1. President Bush and Secretary Rumsfeld decided, against the advice of some professional military officers, to limi the number of troops sen to Iraq. 2. President Bush decided that the Geneva Conventions did not apply to al Qaeda. 3. Assistant Attorney General Bybee defined torture narrowly and argued that the commander-in-chief power negated the law against torture. 4. Secretary Rumsfeld expanded the range of†¦show more content†¦Public should be interested in administration and policy. In these days turnout degradation prevailed. This makes incentive to work hard and reflect public interest for administrator and parliament weak. So we have to be concerned which interest was secured and not secured. If we react sensitively to administration and policy, they have to listen to public interest. Consequently securing the public interest turns on public not administration and parliament. 4. In the pfiffner case, list the central factors that you found led to its tragedy. Rank those you see as most important. Which ones were least important? What criteria did you use to rank order these factors? All factors affecting this tragedy have some shares. Because there are no one who will anticipate and plan this tragedy. It is just series of work and mingled decision making. Various mingled factors make unsuspected outcomes. So it is difficult to rate who is most responsible. But I think Bush who has most powerful right to decide should have been careful. Because his decision spread out from top of administration to bottom of administration. 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Music to me Essay Example For Students

Music to me Essay Music is an important aspect of everyday life; it can be heard everywhere from the car radio to the local coffee shop. It allows people to express their thoughts and feelings in a way nothing else can. Music also has the unique ability to connect people on a deeper level and come together as one. To me, music serves as an outlet. Im able to escape whatever problems Im having and lose myself in the song. As mentioned, music has an extreme power of conveying a message and making people feel a certain way. Its always there for me whether Im sad, happy, angry or rotenone. Music can put my mind at ease and change my mood within minutes. If Im having a bad day, I can listen to my favorite song or band and almost instantly forget what was bothering me to begin with. Its able alleviate my stress and remember the positive things in life. Music also helps me recognize what Im subconsciously feeling. For example, if I feel myself connecting to slow and somber songs I begin to realize that something is upsetting me in my life. Such songs make me concentrate on the meaning behind the lyrics and focus on what specifically is setting me. Just by listening to the song, Im able to clear my head and feel better about my life. This is important to me because I can stay in tune with my emotions and relate to the true meaning of the music. Another reason why I love music is because it brings people together so easily. No matter what country someone is from or what religion they are, music can serve as a common ground. My friends and I are different in many ways but we all share the same passion for music whether it is rock, country, RB, or even Jazz. No matter what mere is playing, we all enjoy singing and dancing along whether we know the song or not. It brings out the best in each of us because it allows us to relax and have fun together. Concerts are also important to my friends and me, especially in the summer. Transitioning from high school to college was difficult; it was hard for me not to see my friends everyday. However, when were all home in the summer we get together and go to the local concerts; country concerts in particular. Not only is it great to reunite with my best friends but also we are able to bond over something we al deeply appreciate. Music is a universal language to which everyone can relate and understand. It can be interpreted in multiple ways depending on who is listening. RB, for instance, can make one person feel depressed while another feels uplifted and inspired. Each person takes away a different meaning of the lyrics while getting lost in the melody and rhythm of the song. I like that it can be deciphered in so many different ways because it gives me a new perspective each time I listen to it. If every song meant the same to each person, there would be nothing unique or special about music. Music is a big part of my life and without it I would be lost. It has shaped who I am today and how I react to certain situations. It gives me an alternative way to express how I feel when nothing else can. No matter whats going on in my life I can always rely on music being there for me. I love being able to listen too song and relate it to a time in my life where I was happy and blissful. Even certain genres give me that Joyful Music to me By penumbras immediately. The messages each song conveys is so powerful that it gives me an opportunity to escape my own mind and think clearly.