Essay about Economics Question and Answers - 1254 Words

Chapter 1: The Power of Markets What are the two basic assumptions that economists make about individuals and firms? Economists have two basic assumptions which keeps the economy in check. One is that people try to make themselves as versatile as possible maximizing their overall potential. The other is that a firm would do what it needs to make the most profit possible. What is the role and significance of prices in the market economy? Prices in a market economy are very important. Price allows us to give out goods appropriately to those who are able to pay. What’s so great about a market economy anyway? Market economies are great for many reasons. A market economy makes our lives better through competition either through lowering†¦show more content†¦Chapter 4: Government and the Economy II What are the main reasons why government should take only a limited role in a market economy? There are many reasons why government should have a light touch in market economies. Some government programs may be to costly and in the end backfire if not planned through thoroughly or may of even been thought up by corrupt politicians. The government also makes the struggle as a poor family harder to bare as taxes are more often then not, in the government, in favor of keeping the money where it is. Chapter 5: Economics of Information Basic economic models assume that all parties have â€Å"perfect information.† How does â€Å"informational asymmetry† undermine our market economy? Information asymmetry is great for some and awful for others. It also leads to rational and irrational discrimination. For example, it could lead to hiring a male over female, a Caucasian over African American, and other discriminatory decisions, in these cases are understandable.(Women have maternity leave; African Americans are 28% more likely to of gone to jail.) Chapter 6: Productivity and Human Capital After reading Whelan’s argument, do you agree that Bill Gates should be so much richer than you? Why? Not Mentioned. Evaluate the following statement from pg. 113: â€Å"We should not care about the gap between the rich and the poor as long as everyone is living better.† I believe this statement has one solidShow MoreRelatedQuestions and Answers on Economics1436 Words   |  6 Pagesï » ¿Question 1 Economics and Alcohol Abuse - When economists think about a product in general, they think supply and demand. If there is no demand for the product, then there will likely be a smaller supply. If the item is rare and there is a high demand, then the product will be expensive. One political and economic idea about reducing alcohol abuse is to target the youth market where alcohol is prevalent, if illegal. The youth market, that is 14-17 years of age, are more likely to be more affectedRead MoreQuestions And Answers On Economics And Economics : Questions On The Financial Market1030 Words   |  5 Pagesclass to support your answer. GDP is not a measure of well-being, it is a number. As Whitehouse pointed out, â€Å"for measuring the success of policy, GDP is far from ideal.† He furthered his claim by giving a rather radical scenario of everyone working 120 hours and its impact on GDP. If all you use is GDP to make policies you will end up in a world that forgoes any happiness for a dollar. GDP does partially coincide with the standard of living, but its not the singular answer. Whitehouse wrote aboutRead MoreBusiness Economics: Questions and Answers968 Words   |  4 Pagesconsolidated financial statements is restricted to the amount by which the cost of the investment is more or less than the book value of the net assets acquired. Noncontrolling interest in net assets is unaffected by such writeups or writedowns. The economic unit concept supports the writeup or writedown of the net assets of the subsidiary by an amount equal to the entire difference between the fair value and the book value of the net assets on the date of acquisition. In this case, noncontrolling interestRead MoreSome questions with answers managerial economics5554 Words   |  23 PagesManagerial Economics Q.1.0) For each of the following events, assume that either the supply curve or the demand curve (not both shifted). Explain which curve shifted and indicate the direction of the shift. a.From 1950 to 1979 the wages paid to fruit pickers increased while the number of fruit pickers employed decreased. b.During the same period the price of radio sets declined, while the number of radio sets purchased increased. c.Housing prices are rising but more houses are sold. d.AustralianRead MoreEssay about Marginal Cost and Correct Answer1404 Words   |  6 PagesQuestion 1 5 out of 5 points Economic profit is defined as the difference between revenue and ____. Answer Selected Answer: total economic cost Correct Answer: total economic cost Question 2 5 out of 5 points Recently, the American Medical Association changed its recommendations on the frequency of pap-smear exams for women. The new frequency recommendation was designed to address the family histories of the patients. The optimal frequency should be where the marginal benefit of anRead MoreEssay about Econ Ch.1728 Words   |  3 PagesLimits, Alternatives, and Choice Multiple Choice [QUESTION] 1. Economics is a social science that studies how individuals, institutions, and society may: A) Expand the amount of productive resources available to them B) Attain a minimum level of unemployment C) Best use scarce resources to achieve the maximum satisfaction of economic wants D) Reduce the prices of goods and services to consumers Answer: C Topic: The Economic Perspective Difficulty: 2 Medium Learning Objective: 01-01 Read MoreEconomic Questions Essay645 Words   |  3 PagesEconomic Questions â€Å"Why would a developing nation answer the three basic economic questions differently than a country like the United States?† There are three basic economic questions that each and every society must answer to. The way that the society answers to these questions shape and define their economic system. The first economic question that they must answer to is â€Å"What Goods and Services Should We Produce?† The second question is â€Å"How Should We Produce Goods andRead MoreAnalysis Of Ibn Haldun And Adam Smith And David Hume And Karl Marx852 Words   |  4 Pages It is one of the hardest questions and unfortunately still unknown in the living world in despite of a myriad of academic studies. Many scholars from all around world asked this magic question in different time over the history. From Ibn Haldun and Adam Smith to David Hume and Karl Marx, from Alfred Marshall and Robert Solow to Paul Romer and Daron Acemoglu, there have been so many prominent and distinguished scholars who tried to find an answer to this question in order to understand the worldRead MoreEco 550 Quiz 1 (2013) Essay examples691 Words   |  3 PagesQuestion 1 3 out of 3 points To reduce Agency Problems, executive compensation should be designed to: Correct Answer: create incentives so that managers act like owners of the firm. Question 2 3 out of 3 points In the shareholder wealth maximization model, the value of a firms stock is equal to the present value of all expected future ____ discounted at the stockholders required rate of return. Correct Answer: profits (cash flows) Question 3 3 out of 3 points TheRead MoreEconomic: Economics and Correct Answer824 Words   |  4 PagesLinh Question 1 10 out of 10 points A monopoly will usually produce Answer Selected Answer: where its demand curve is elastic. Correct Answer: where its demand curve is elastic. Question 2 10 out of 10 points Suppose a firm is currently maximizing its profits (i.e., following the MR=MC rule). Assuming that it wants to continue maximizing its profits, if its fixed costs increase, it should Answer Selected Answer: maintain the same price. Correct Answer: maintain

The Power of Censorship - 2509 Words

Rewriting History: The Power of Censorship The history of the world has undoubtedly been dominated by an endless struggle for power. However, after a brief glimpse into the pages of history it should not take long to realize that the trick to maintaining power lies in the control of information. Even the most fearsome military generals of the past acknowledge the power of the mind and ideas over lethal force. Former Soviet leader Joseph Stalin once said â€Å"†¦ [Ideas] are more powerful than guns. We would not let our enemies have guns, then why should we let them have ideas.† Stalin’s quote personifies the main concept of this literature review which will be discussing the history of government censorship and its effects that are†¦show more content†¦The difference between censorship and propaganda becomes centrally intertwined into the topic of maintaining power and control. Propaganda is frequently the device used to perpetuate the official visio n, while censorship eradicates the rest. These two â€Å"arts† work in tandem to develop a sense of legitimacy for a regime. Propaganda however is unmistakably different and much broader phenomenon than censorship. While censorship attempts to contain alternative views through control and aggression, propaganda tries to impress one view through manipulation, ultimately through lies. Propaganda does not necessarily imply censorship, but censorship is always accompanied by propaganda (De Baets p. 18). George Orwell describes these methods in detail in his novel 1984 when he states that,† All history was a palimpsest, scraped clean and re-inscribed, exactly as often as necessary.† (Orwell 1949 p. 42) This quote illustrates the use of propaganda and censorship as a way of swaying public opinion and justifying the right to power. The pages of history will be rewritten by those in power to best align with their own strategies and motives. The problem now exists for the historian to sort through the high level of distortion and deception and unveil the truth. Here lays many dangers for the historian because in many cases the truth directly conflicts with the way that power is derived. The powers at be willShow MoreRelatedNazi Power And Their Regulations On Censorship986 Words   |  4 PagesA few downsides to this rather successful scene, however, stemmed from the Nazi power and their regulations on censorship. One guideline of the music in Europe was the banning of degenerate music along with any performance or mentioning of Jewish composers and their compositions. Due to this stipulation, several cycles of Beethoven and Wagner worked their way trough this group during this period. Jewish musicians were also forced to leave their jobs in the orchestra, leaving a big gap in performersRead MoreThe Power Of Censorship In Fahrenheit 451 By Ray Bradbury1122 Words   |  5 Pages A novelist, John Mortimer, once said â€Å"I suppose that wri ters should, in a way, feel flattered by the censorship laws. They show a primitive fear and dread at the fearful magic of print.† John Mortimer thinks that in most of the writer’s books, it shows a bit of too much truth and meaning that could cause people to express differently of the books and others. In addition to his words, the way the government works, and how society may take its toll on themselves or several people slowly of what theyRead MorePros And Cons Of Censorship On Society1325 Words   |  6 PagesCensorship and its Caveats on Society From books to the internet, it is very easy to get any information quickly. Although this may be true you can’t find everything you may be looking for, there are things out there that are censored. Censorship is the restriction of certain information to one or a group of people, from others who think it’s dangerous. Censorship can be used in beneficial ways to protect people, but it is often misused to harm people long-term. Here is some information about someRead MoreSeptember 11, 2001. A National Newspaper Journalist Had1132 Words   |  5 Pagesas the alarming position that the unknown man was in as he plummeted to his death. This controversy has impacted our society in many ways, and has taught the future generations in journalism a very important lesson in the power that they have over the American people. Censorship is a common theme in American mass media, especially journalism, and even more so in cases where there are news stories that involve serious topics, dealing with witness accounts, stories, and gory images that would causeRead More Censorship Essay1002 Words   |  5 PagesCensorship The Columbia Encyclopedia defines censorship as the official prohibition or restriction of any type of expression believed to threaten the political, social, or moral order. It is necessarily broad definition. Any type of expression in fact, covers just about everything from clothing to print to movements and even to simply being. George Bernard Shaw described assassination as an extreme form of censorship. It is now omnipresent in society and has been as long as society has existedRead MoreThe Importance Of Media Censorship1013 Words   |  5 Pagesprovided with immediate, accurate and uncensored information. Media censorship has become a greater deal now than it ever was in centuries, because of globalization and the increasing interdependence among other nations has made censorship more harm than any good. Censorship often prevents other perspectives and point of views from being presented and in censorship or censored media and not everyones voices hurt.Media censorship limits a persons understanding, knowledge, and awareness. Which canRead MoreAnalytical Essay On Fahrenheit 4511044 Words   |  5 PagesSuppressing ideas and marginalizing humans is destructive. Censorship leads the society to an unpleasant conclusion. Censorship amounts prohibition of expression of someone’s ideas, thoughts which may be detrimental and prejudicial to a particular class of people. The book Fahrenheit 451, by Ray Bradbury, revolves around the idea of censorship as a bane to the society and culture. The book touches on various consequences of censorship like social isolation and infringement of thoughts. BradburyRead MoreThe Perception Of Beauty Is Subjective And Dependent On The Viewer1645 Words   |  7 Pagesto one, another will most likely have an alternative perspective. Artwork is all about the expression of ideas, the meaning behind why the ideas are expressed a particular way, and the impact the piece has on the viewer’s emotions. The point of censorship is to monitor what information or ideas are being exerted in order to remove harmful or sensitive content from being viewed. However, by removing content, discussion and the expression of ideas are also being removed. This puts restrictions on whatRead MoreThe Effect Censorship has on Art Essay examples943 Words   |  4 PagesThough out history artist have rejected any forms of censorship. Governments have had to enforce censorship laws for the sake of public safety. As well, as to maintain control of society and to uphold the moral and ethical values that the populous demands. Whether you are for or against censorship in art, it serves a useful purpose in moderation, but it can be taken to extremes. Whether it’s a fascist government or a extremist religious organization it is easy for a controversial law to be twistedRead MoreInternet Censorship And Its Effect On Society1053 Words   |  5 PagesInternet Censorship is Detrimental to Society The Internet was designed to enable and facilitate communications with connected systems at the local, state, national and international levels. The United States Defense Advanced Research Projects Agency (DARPA) launched a research campaign to find effective ways to link computers to help the exchange of information. In the 1990s, the Internet took off and entered a growth phase which caused an increase in communications worldwide. DARPA did not

Property Taxes Free Essays

Property taxes – local taxes, immovable property/land tax, motor vehicle tax . (Lukas Szita) A property tax also known as millage tax is a charge on possessions that the holder is obligatory to pay. The tax is imposed by the governing authority of the area in which the property is placed; it can be a national government of country, a federated state, a county/region, or a municipality (In Slovak Republic property tax is the most important income for municipalities). We will write a custom essay sample on Property Taxes or any similar topic only for you Order Now We basically distinguish four general kinds of property: land, improvements to land (which are immobile man-made objects, such as buildings), personal property (transportable man-made objects), and intangible property. Combination of land and developments are called real estate or reality. Under a property tax system, the governing authority implements assessment of the financial value of every single property, and tax is measured in quantity to that value. Methods of property tax utilized differ significantly among different countries. Tax on property is often confused with special assessment tax. There are two basic forms of taxation which are the most popular: first (ad valorem tax) depends on the fair market value of the property. The second one other also called special assessment depends on a special enhancement also named a â€Å"benefit† for its reason. The property tax rate is frequently specified as a proportion. To compute the property tax, the local government uses multiplication of the evaluated value of the property by the mill rate and then divide by 1,000. For instance, a property with weighed value of 100,000EUR situated in a municipality with a mill rate of 20 mills would have a property tax bill of 2,000EUR per year. Property tax in Netherlands is imposed on homes on a municipal origin in two fragments: for the individual who lives in the household, and for the landlord of the house. Individuals who rent house are accountable only for the living part of the tax. Australia’s property taxes are known as property or parcel rates. Parcel rates and regularity of payment are set by local municipialities or councils. Each council has employees who value the land’s price. The land value is value of the just land; they do not include existing non-moveable buildings on property. The measured worth of the land is base for the total charges of rates. Those charges differs from $100 per quarter to 1$, and frequencies of payments are differs according locality. Water rates are also common charges for property owners in Australia. Australia furthermore has stamp duty, used at the time when a property is sold. Fee is paid by the purchaser to the Office of State Revenue. Moreover to mentioned stamp duty there is also a Land Transfer Charge under the NSW State Revenue Legislation Amendment Bill 2010. Stamp duty rates are from 1% to 6. 75% based on the value of property and the state of Australia. Denmark has much simple system for taxing property. There it is 1% fee for property appreciated at less than DKK 3 million and 3% rate for above DKK 3 million. In Greece, property tax is set upon floor-area and bills for electricity. How to cite Property Taxes, Essay examples

Promise and Perils of Digital Currencies †MyAssignmenthelp.com

Question: Discuss about the Promise and Perils of Digital Currencies. Answer: Introduction: Crypto Currency refers to the digital asset configured to be set as a medium for the exchange, utilizing the cryptography to provide a secured transaction and hence, offering a control and limiting the introduction of any additional units relative to currency. The relevant keys, which are private enough are secured and stored in a wallet, technically known as the crypto currency wallets. These crypto currencies are provided with a classification of being a subset to the digital currencies as well as for the alternative currency methodology and the virtual means of value transaction. Among the many, Bitcoin is the first decentralized crypto currency to be launched in 2009. This report presents an insight on the various aspects of crypto currency surrounding different crypto currencies. The report discusses the case study put forward, dealing with the paper on the Bitcoin and its relevance in the crypto currency revolution and in the later sections of the report the required analysis o n crypto currencies is presented in a descriptive manner. E-commerce these days have become a potential market player concerned with the electronic transactions regarding the financial transfers. In relevance to the case study provided, an analysis is led out on the Bitcoin as the crypto currencies used for the electronic transmissions, the related procedures and conquests (Nakamoto 2008). However, the system is well capable of most of the transactions while, it fails to gain its importance regarding a value-based model. The major feature of this type of transaction is the fact that it is completely irreversible as the financial institutions neglect the mediating any discrepancies or disputes. To an extent, a considerable amount of fraud is present as that cannot be avoided. This provoked the need for the cryptographic mode of transfer no basing the transmission process only on trust but proof instead, allowing the two main people in business to carry forward the transmission without the presence of a third-party. This system provides a bet ter computational and irreversible proof for the customers. However, the analysis prove that the paper is focused on the providing the solution for the double-spending problem and henceforth, offering proof for the chronological statement for the transactions. Next is the concept of transaction involved in the digital process of financial transfer. This section of the model introduced the digital coins, associated with digital signature. Signing a hash relative to a previous transaction allows an owner to the transfer the coin to the other and the same is applicable for the consecutive owners (Nakamoto 2008). A payee in charge can proceed with the verification of the signatures for the authentication of the owners. To implement the verification for the double spending by any of the owner, the direct solution for the same is to introduce a central unit, which can be a replicate to the commercial banks that would be responsible for the maintenance of records. To avoid any double-spending from the owners, only the first transaction was approved to be considered so that this provides a relevant record to the payee to understand and trust. The solution to this particular criterion was the introduction of timestamp, which collects the hash relative to a block of commodities that needs to be included. This provides the proof to the existence of a particular data corresponding to a particular phase in order to be in the hash collection. This mechanism helps in the formation of a chain containing the present and the preceding timestamp in the hash ensuring that every additional timestamp reinforces the previous one. The proof-of-work is the standard method to implement distributed network for the timestamp based on the peer-to-peer system. This methodology helps in ensuring that each hash initiates with a number of zero-digits. This mechanism increments each nonce present in the block until it locates the presence of zero bits. If at any instance the CPU expended to satisfy the method, the corresponding block cannot be configures unless a redo is available. Proof-of-work satisfies the majority decision-making procedure as it is based on one-CPU-one-vote. The only technical limitation orienting this methodology was the increasing speed of the hardware was resolved with the evaluation of transfer of average number of blocks each hour. Following few relevant steps as is presented in the study, helped in the easy networking of the blocks. Adding to this, the nodes are the longest chain that can be considered as the correct one. At the instances of mismatching information from the nodes, the first received broadcast by the nodes is considered while the other is stored and the following proof reading method provides the longest branch. On missing any node, the blocks potentially report about the same with the receiving of the next one. Regarding the initial transaction a new coin is achieved by the creator of the blocks. This way the addition of incentives leads to the circulation of the coins in the system. In this systematic proceeding, the CPU time and the electricity is on the expenditure. Transaction fee is possibly funded for the incentive. Any predetermined entry of coins leads to the transition entirely surrounding the transaction fee and the same is without any inflation. This incentive helps in effective fraud management as the greedy owner, if any will discover to steal his own transferred payments or will end up crating new coins. The role of the disk space proves to be beneficial as prior to discarding of the transaction in coin the disk space is saved accordingly. Merkel tree is beneficial equipment for restricting the breaking of the blocks hash without the need of storage for the earlier interior hashes. Following the corresponding block header with the absence of any transaction estimates to be 80 bytes. This Bitcoin methodology was introduced with an advantage of payment verification mode, following which, it became easy to run a full check on the network node to find the longest proof-of-work in the present copy of the block header and utilizing the Merkel tree this can be added on to the time-stamped block chain. However, there is a percentage of vulnerability in concern to an attacker. Business receiving payments on a frequent basis will be more reliable on a personalized network. Developing a system to handle each coin on an individual approach is not a feasible option, following this a set up with multiple units as input and outputs were used to split and combine each transaction to provide an efficient transfer system. The fan-out option based on inter-linked transaction is not a limitation in this case as the extraction transaction record is not important. Regarding the security concept especially surrounding the banking model, keeping the private keys anonymous potential will break the flow of information especially surrounding the identity of the individuals concerned with the transaction, similar to the stock exchange mechanism. An introduction to another feasible firewall is the utilization of a new pair of keys to avoid the linking with any common owner (Nakamoto 2008). This is a digital mechanism of electronic transaction based on the utilization of Bitcoin with various ways to provide security without solely depending on trusting third parties or involving them but just on the expenditure of CPU time and electricity (Kogias et al. 2016). Mining Crypto-Currency: Crypto currency mining states to the procedure through which verifications of transactions management are done and likewise added to the segment of public ledger, technically termed as the block chain (Vigna and Casey 2016). Through this procedure new coins are released. There are various kinds of crypto currencies, few which can be stated are Bitcoin, Ethereum and Zcash. Comparison on the resources for the mining of crypto currencies is provided. For regular users using the computer daily, the technique of CPU mining is designed that can be used for the purpose (Lewenberg et al. 2015). In this case, the CPU mining method utilizes the general processor of the residential computers. GPU mining refers to Graphics Processing Unit, which is especially used in a gaming computer as this is available in a high end machine. The GPU is potential for the mining of different kinds of crypto currencies and the most profitable of them varies with time. Coins providing minor advantages are easily CPU mined. While, another method for mining crypto currency is the ASICs, these are specially configured machines that are built especially for the mining tasks. This method is a microchip configured system launched in 2013 (Narayanan et al. 2016). These systems consume a great level of power. Pools were arranged to vary the gain of blocks more evenly between the companies set to compete for the limited amount of blocks available. The profitability of mining the Bitcoin in the present situation is dependable on certain various variables; these variable parameters that influence the calculation are the electricity costs, the hardware cost and other rates of variables. The fact relative to the mining of the Bitcoin is that it ranges from the initial phase of involving few enthusiastic to specialized or customized high industry venture (Raymaekers 2015). The easily accessible money oriented with the procedure has expended long time ago and the now only remains low probabilities of cryptographic equivalents. The most realistic fact is the organizations that develop and adapt specialized and skilled mechanisms through launching machines are capable of extracting Bitcoin at present (Courtois and Bahack 2014). In other words, even if mining is possible for regular users, this would not prove to be beneficial or profitable for them as it consumes maximum of the investment. Electricity used per seconds of consumption relative to hash-rates is the major investment linked with the mining method. The future profitability associated with the mining of the Bitcoin is an unpredictable stance, especially owing to the constantly changing graph highlighting the difficulty modifier and the relative price (Eyal and Sirer 2014). To initiate the mining, there is a requirement of ASICs rig, which is as previously mentioned, designed specifically for mining. There are present various anti-miners such as Anti-miner S9, which is available at an estimated value of $1800 to $2400 and there is another associated cost of electricity. Henceforth, it is understandable that Bitcoin mining cannot provide huge profitability until the investment regarding the power consumption and equipments is high enough as in cases of big industries. Threat of Crypto Currencies: The introduction of crypto currency has caused a major shift on the ways people handle business and the transaction methods. This has launched a model based on which the value exchange is done even beyond traditional banking technologies with the simple utilization of mobile phones (Moore 2013). This is making the people independent of the traditional banking methodologies, as peer-to-peer networks based on the cryptographic transfer are gaining the market attention and has reveled another way of financing. Conceptually the direct response orienting the query of whether this is posing a threat to the traditional concepts is a yes. The major industrialist with keen attention has already been capable of identifying the industry for the crypto currency as a threat for on the banks stating that this invention has the potential to transform the arena of finance. Analyzing the trending reports and the studies it can be stated that crypto currency is a major threat to the banks especially surrounding the customer care and their customized preferences associated with the financial transfer (King 2013). This is especially due to the fact that the Bitcoin users are potential enough to manage their own financial dealing without being dependent on banks. Crypto currency rely on their own, which is supposedly uninterrupted technology to provide the full guaranteed value. Higher regulation should be provided with the usage of Bitcoin to prevent the criminals or the web-attackers from utilizing the benefits of crypto currency (Hayes 2017). This has introduced a great level of opportunities for the criminals as recorded in the mid-May the hackers were able to receive thousand dollars through Bitcoin by attacking the global networking system by a malware named WannaCry (Hurlbur and Bojanova 2014). Bitcoin is as introduced earlier in the report is anonymous and thus is easy for the criminals to use. The malware pot5enmtially locked the computers and demanded money in form of Bitcoin to unlock the systems. This provided the criminals with huge amount of money (Kaplanov 2012). The release of the Bitcoin usage critically questions the security oriented with the utilization of Bitcoin especially the misuse of the same by the attackers. Likewise, the Bitcoin do not deserve to be illegal but a pointer to note is the feature of anonymity of the Bitcoin has risen the bars of criminal attacks in the recent past by helping the ransomware attacks (Apostolaki, Zohar and Vanbever 2016). Interest of government of China in Bitcoin: China is involved in the procedure of mining, which is estimated to be the most of Bitcoin and henceforth, potentially can export most of the Bitcoins. The power consumption relative to the technique of mining requires electricity, which is available in China at cheaper rates as compared to the world around (Bonneau et al. 2015). This particular fact has allowed the Bitcoin miners to gain a high level of hash power. Based on research it is discovered that most of the electricity companies in there utilize or channelize their power towards the mining of Bitcoins. The concept of Bitcoin started as a sovereign authority that as a liberal property even free from the government. The largest mining pools controlled by Bitman, situated in Beijing consume or controls almost 30% of the entire processing of power focused on the mining of Bitcoins. China is the place of origin for many Bitcoin mining units suchas F2Pool, AnPool and BTCC. They mine about 60% of the entirely new Bitcoins. Conclusion: Crypto Currency as such the Bitcoin and Zcash still can experience significant hindrance that needs to be overcome prior to the replacement of the present banking systems entirely. The major obstacle can be noted to be from the financial institutions as they oppose the same is enough to stop the proliferation of the crypto currency technology. Organization has witnessed this to be an accessible system but still not certain about the stability they withstand. Additionally, this system still possesses some major internal limitations that should be solved to become a more efficient and fraud proof system and hence would be able to manage the discrepancies in form of the attacks that it is contributing towards. Otherwise, this is a smart invention in this digital world. References: Antonopoulos, A.M., 2014.Mastering Bitcoin: unlocking digital cryptocurrencies. " O'Reilly Media, Inc.". Apostolaki, M., Zohar, A. and Vanbever, L., 2016. Hijacking Bitcoin: Routing Attacks on Cryptocurrencies.arXiv preprint arXiv:1605.07524. Bonneau, J., Miller, A., Clark, J., Narayanan, A., Kroll, J.A. and Felten, E.W., 2015, May. Sok: Research perspectives and challenges for bitcoin and cryptocurrencies. InSecurity and Privacy (SP), 2015 IEEE Symposium on(pp. 104-121). IEEE. Courtois, N.T. and Bahack, L., 2014. On subversive miner strategies and block withholding attack in bitcoin digital currency.arXiv preprint arXiv:1402.1718. Eyal, I. and Sirer, E.G., 2014, March. Majority is not enough: Bitcoin mining is vulnerable. InInternational conference on financial cryptography and data security(pp. 436-454). Springer, Berlin, Heidelberg. Garcia, D., Tessone, C.J., Mavrodiev, P. and Perony, N., 2014. The digital traces of bubbles: feedback cycles between socio-economic signals in the Bitcoin economy.Journal of the Royal Society Interface,11(99), p.20140623. Hayes, A.S., 2017. Cryptocurrency value formation: An empirical study leading to a cost of production model for valuing bitcoin.Telematics and Informatics,34(7), pp.1308-1321. Hurlburt, G.F. and Bojanova, I., 2014. Bitcoin: Benefit or Curse?.IT Professional,16(3), pp.10-15. Kaplanov, N., 2012. Nerdy money: Bitcoin, the private digital currency, and the case against its regulation.Loy. Consumer L. Rev.,25, p.111. King, S. and Nadal, S., 2012. Ppcoin: Peer-to-peer crypto-currency with proof-of-stake.self-published paper, August,19. King, S., 2013. Primecoin: Cryptocurrency with prime number proof-of-work.July 7th. Kogias, E.K., Jovanovic, P., Gailly, N., Khoffi, I., Gasser, L. and Ford, B., 2016. Enhancing bitcoin security and performance with strong consistency via collective signing. In25th USENIX Security Symposium (USENIX Security 16)(pp. 279-296). USENIX Association. Laszka, A., Johnson, B. and Grossklags, J., 2015, January. When bitcoin mining pools run dry. InInternational Conference on Financial Cryptography and Data Security(pp. 63-77). Springer, Berlin, Heidelberg. Lewenberg, Y., Bachrach, Y., Sompolinsky, Y., Zohar, A. and Rosenschein, J.S., 2015, May. Bitcoin mining pools: A cooperative game theoretic analysis. InProceedings of the 2015 International Conference on Autonomous Agents and Multiagent Systems(pp. 919-927). International Foundation for Autonomous Agents and Multiagent Systems. Moore, T., 2013. The promise and perils of digital currencies.International Journal of Critical Infrastructure Protection,6(3), pp.147-149. Nakamoto, S., 2008. Bitcoin: A peer-to-peer electronic cash system. Narayanan, A., Bonneau, J., Felten, E., Miller, A. and Goldfeder, S., 2016.Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction. Princeton University Press. Raymaekers, W., 2015. Cryptocurrency Bitcoin: Disruption, challenges and opportunities.Journal of Payments Strategy Systems,9(1), pp.30-46. Vigna, P. and Casey, M.J., 2016.The age of cryptocurrency: how bitcoin and the blockchain are challenging the global economic order. Macmillan.

Piaget Essays (1681 words) - Freudian Psychology, Anal Stage

Piaget Freud And Erikson The field of psychology has grown to be respected as a science. Objectivity and the scientific method are both part of the psychologist's mode of operation. However, even the greatest of psychologists can only theorize about what makes human beings act the way they do. Absolutes are not part of psychology. Everything is relative and open to speculation. Theorists give us their views or ideas about life. In the field of psychology, there have been many different areas of interest. Human development is one of the most popular areas of interest for those who study psychology. Freud, Erikson, and Piaget are all great theorists with different ideas concerning human development. Each theorist developed ideas and stages for human development. Their theories on human development had human beings passing through different stages. Each theory differed on what these stages were. These theories also differed with their respect towards paradigmatic assumptions, learning and development, and relationship towards educational practice. Freud is known as the father of psychology. Although some of his work has been dismissed, most of it still holds weight in the world of psychology today. Freud believed that inner forces fueled human development. He believed the most powerful of all inner forces was our sexual being. Freud linked everything with sex. This includes any bodily pleasure whatsoever. Thus, when Freud discusses the sexual needs of children, they are not the Hartenstine 2 same kind of sexual needs that an adult would experience. Children experienced sexual gratification in different ways. Sucking their thumbs or retaining their excrement could be seen as sexual gratification for small children. Freud also specified certain areas of our body as erogenous zones. Those areas included the mouth and genitals. This all fit in to Freud's obsession with sex. An obsession that could be linked to the era that Freud lived in. It was a very conservative period in history. Sexual feelings were often repressed. Freud's theory on human development could be labeled the psychosexual stages of development. Freud believed human beings passed through different stages in their life based on which part of their body gratified them. Freud's psychosexual stages of development are five in total. The Oral stage takes place from birth to about one year. During this stage, a child is orally oriented. The mouth is the child's erogenous zone. Everything a child touches is put in his mouth. Freud believes children do this because it gives them pleasure. When a child sucks his thumb, it does so because it gratifies them. According to Freud, the gratification is sexual. The second stage in Freud's psychosexual development theory takes place between the ages of two and three years of age. The erogenous zone shifts location, thus moving from one stage to another. The second erogenous zone in Freud's stages of human development is the anal region. Freud believes children Hartenstine 3 experience sexual gratification during bowel movements and when they withhold bowel movements. Some children may even experience pleasure handling, looking at, or thinking about their own feces. Once the Anal stage of development has been completed, the next stage of development for Freud is the Phallic Stage. This usually occurs at about three years of age. The shift in erogenous zones moves from the anal region to the genital organs. This stage is also known as the Oedipal Stage of psychosexual development. This name comes from the legendary king, Oedipus, who killed his father and married his mother. During this stage, children take interest in their sexual organs. Soon they notice differences and similarities between themselves and their parents. Each sex wants to be with the parent of the other sex, for girls this is referred to as the elektra complex. Once the children realize they can not be with their mother or father, they identify with the parent of the same sex. The next stage is called the stage of Latency. A lack of change or absence of erogenous zones characterizes this stage. After the realization that the child can not be with a parent sexually, the child shifts its attention to same-sexed relationships. Boys will shift their sexual urges and drives to something acceptable, such as sports. This is a time of relative calm. The last stage of Freud's psychosexual development is the Genital Stage. The erogenous zone returns in a very powerful Hartenstine 4 way in the genital organs. This stage takes place from puberty into adulthood. True sexual desire and sexual relationships mark this stage. Erikson took Freud's ideas and enhanced them. He added stages for the adult years.

How to help people essays

How to help people essays Every person has a tremendous number of skills or abilities. Some of them are obtained by experience, others appear in an early childhood. One of my skills is my knowledge of how to give medical treatment during illness. I gained this skill after my graduation from pharmacy school, where I invented a new world of medicine. In my essay, I will give several recommendations for rational behavior during sicknesses as a common cold, stress and headache. First, a cold is an inflammatory condition of upper respiratory tract due to viral, allergic or mixed infection. There are many available treatments for the common cold. In my eyes, herbal remedies are the most appropriate medicaments for reducing the cold. In this infection, I usually advise people to use ginger and lemon. Ginger is an excellent remedy for cold. About 10 gm of ginger must be cut into small pieces, boiled in a cup of water, strained, and then added an additional half-teaspoon of sugar to it. This decoction should be drunk when it is hot. Adding few pieces of ginger into boiled water, then adding the tealeaves is the formula for ginger tea. It should be taken twice daily. Lemon is beneficial in all types of cold with fever. Vitamin C- rich lemon juice increases body resistance, decreases toxicity, and reduces the duration of the illness. Lemon should be diluted in a glass of warm water, and a teaspoon of honey should be added to it. So, if you start to use these remedies, you may forget about chemical pills that change your metabolism in an unfavorable way. My friends always ask me how to deal with stress. My answer is taking frequent effective exercise, which is probably one of the best physical stress reduction techniques available. Exercise improves your unfit condition, relaxes muscles and helps you to sleep. An important thing to remember is that exercise should be fun. If you do not enjoy it, then you will probably not keep doing it. The p...

Sales Management Essay Example | Topics and Well Written Essays - 1250 words - 2

Sales Management - Essay Example Sales personnel need motivation to get their tasks done in an amicable manner and this is the reason why sales management is often thought of as a difficult job. Sales personnel compensation is therefore given the importance due to a number of factors, all of which play their due role within the shaping up of work ideologies and the manner in which sales management has come about as a major force to reckon with. Therefore money takes the preference when it comes to understanding the real motivation behind the sales professionals2. If they are not paid properly, this could lead to a host of issues, all of which come directly under the aegis of low productivity and even lower morale exhibited on their part. Sales personnel compensation forms the backbone of discerning success under such quarters and an organization is always more than willing to hire the sales staff that understands its financial position and tries to balance their undertakings in the same light. Some compensation plans are based on the fact that the employees (or sales professionals) get commissions based on their work manifestations. This means that if they do more work and have better sales figures than their colleagues, they get the best mileage when it comes to their compensation mechanisms. The ones who bring in fewer sales therefore face the brunt as they do not receive any commissions as such. On the same token, another compensation plan is rationalized by understanding that the sales professionals work on a fixed compensation and they would receive a salary no matter how much sales they make at the end of a particular time period3. This is in essence the normal mechanism of working where sales professionals are bringing in the desired quota of sales and thus looking to exploit the resources that are available at their disposal without paying too much heed towards receiving incentives in the form of commissions from the organization that they basically work for.

Creating a Unit and Assessing Performance Assignment

Creating a Unit and Assessing Performance - Assignment Example This paper will focus on Social studies of Second Graders in Schools in Florida. Social Studies Skills and Concepts Matrix is structured in a manner to help the classroom teacher to assess the essential skills and perceptions of the students throughout the pre K 12 education. This curriculum is clearly constructed so that teachers can understand the introduction, development, mastery and the reinforcement of social studies and language Arts skills in order to ease the planning process. This also facilitates that there is uniform acquisition of these concepts and skills by the students across Florida. The social studies skills and concept matrix has four categories research skills, civil awareness concepts, geographical skills and concepts and social studies skills. The specific skills have been listed for each grade level. The introduction bench mark signifies the corresponding social studies with each skill that is introduced. The social studies skills should be evaluate using other core subjects to determine the overall Performance of the subject. To do this a year table that has been split between every nine weeks of teaching will be effective. It will be categorized with other subjects like language arts, Math, Reading and science. There is a lot of information in Social Studies that the second grade students of the state of Florida can obtain from the pacing guide if properly followed by the teacher. By the first nine weeks, a second grader studying Social Studies should know the responsibilities of a Citizenship, construction and use of simple maps and globes. The second nine weeks should teach on the contributions of American Indians and describing regions, communities and environment. By the third nine weeks the student should know the famous Americans and their contributions. The fourth nine weeks will let them understand barter trade system and holocaust. For ever set of nine weeks the student finishes there are special factors

English writing Essay Example | Topics and Well Written Essays - 1000 words - 2

English writing - Essay Example This paper will explore the manner in which the mass media influences the public opinion of the masses in the course of serving its primary core functions in society, namely informing, entertaining and educating the public. The primary role of the mass media in every society is to provide news and information to the public, in the true sense of the so-called ‘information age’ in the 21st century, which greatly shapes public opinion (Mujtaba). Since human beings are social beings, people all over the world are presently ruled by information communication technologies. Consequently, it is not unusual for the masses to turn to the various media outlets, particularly the TV, in search of news and information at the break of every dawn (Colistra 85). Inevitably, the numerous media outlets play a very vital role in the information communication chain by informing the masses about what is taking place in their environments. The news and information received through these media outlets shapes people’s thinking and perceptions concerning certain issues in society. Public opinion is very crucial in the implementation of public policy, especially regarding controversial issues affecting the ma sses. Biased media reporting can totally shift the scales in terms of whether a proposed policy will be accepted or refuted by the masses. Policy makers often seek to establish positive public opinions to favour certain pieces of legislation through mass media. in politics, media reporting can potentially turn the public opinion either in favour of or against a certain proposed public policy (McQuail 8). In the wake of the Iraqi assault by the US troops back in the year 2003, the media played a great role in shaping the public opinion of the masses regarding the war. The then Bush administration and Congress decried the perceived biased media representation of facts that was consequently shifting public opinion against the war (Baum & Potter 40).

Analysis Of A Hotel Management System

Analysis Of A Hotel Management System This is software which has mainly made for management of a Hotel. The software has been designed with front-end as VB and backend as Oracle. The project Hotel Management manages maintains the records of customers and room in the hotel. The rooms have different categories. So there charges and records will be maintained accordingly. This software has been made in a user friendly interface, so that normal persons can add, delete the entries of customers and handle all the transactions easily. SYSTEM ANALYSIS The initial analysis is made by knowing the user requirements. In analysis phase, we have analyzed the users requirement such as:- Addition of the record of the customer who comes into the hotel ,deletion of the record when customer leaves the hotel, printing and calculation of the bill ,record of facilities available in the hotel ,allotment of the rooms etc. In this project we have also analyzed that the product or software should not be very costly but its quality and interface must be attractive. If any wrong operation is being performed then the software must invoke the operator accordingly. FEASIBILITY STUDY A feasibility study is carried out to select the best system that must performance requirement and its working ability in an organization. The feasibility of the system has been done in three types:- -Technical Feasibility Study -Economical Feasibility Study -Behavioral Feasibility Study TECHNICAL FEASIBILITY Technically we have made feasibility in keeping mind about the hardware so that the designed software can work smoothly with maximum efficiency with the hardware. ECONOMICAL FEASIBILITY In this we mainly calculate the cost of proposed system and the cost of customer and compare the cost to meet the users cost. The cost of hardware, facility cost, operating and supply costs are considered. The cost of feasibility is also considered on this such as wiring, lightning, A.C. etc. BEHAVIOURAL FEASIBILITY We have to consider the cost of staff which has special efforts to educate, sell train on new ways. SOFTWARE HARDWARE REQUIREMENTS There are some software and hardware requirements of the software hotel management system. SOFTWARE REQUIREMENTS -Visual Basic.net as frontend -Oracle Database as backend -Windows 7 home Premium HARDWARE REQUIREMENTS -Pentium- 4 processor -40 more GB for data storage -128 to 512 KB RAM -Printer for reporting and printing IMPLEMENTATION To implement this project, HOTEL MANAGEMENT will require a visual basic as front end Oracle Database as back end. SYSTEM DESIGN In this software we have developed some forms. The brief description about them is as follow:- MDI FORM This is the main form. It contains following fields:- Hotel Customer Reservation Room Room Category Search On moving the cursor to any of the above fields, drop down menus will be displayed user can click on any of the options available in them and their respective forms will open. Hotel The main purpose of this form is to add a new hotel to the database. For this purpose, the user will be required to fill the Hotel id, Hotel Name and their address. After filling all the entries, when we click on the on the save button, the record will be added to the database. Customer In this form, user can add a new customer to the records. For this purpose, the user will be required to fill the customer id, name of the occupants, their address. After filling all the entries, when we click on the Submit button, the record will be added to the database. Reservation This is the reservation form where the user inputs customers reservation details, for example: Reservation Id, Customer Id, Hotel Id, Reservation date, Arrival dates and so on. The user can select the type of rooms by inputting the room category id from the list box. The charges per day of this room are displayed in the list itself. After filling all the entries, when the user click save button, the records will be added to the database. C:UsersWindows 7DesktopUntitled.png Room This is the room form, where the user search total rooms in the hotel by the room details like hotel id, room number and room category id. After filling all the entries, when the user click search button, the user will be able to view the types of room by their room details. Room Category This is the room category form where the user inputs details in the room categories in the hotel by the room details like category id, category name and number of beds. After filling all the entries, when the user click save button, the user will be able to view the types of room by their room details Search This form search all the database according the input of the user, If the input is found in the database, then message box input found and the result will be displayed, In the other hand, if the user inputs incorrect input, a msg box displays input not found please try again. And no result will be displayed. C:UsersWindows 7Desktopsearch.png System Study Analysis PRINCIPLES OF SYSTEM ANALYSIS -Understand the problem before you begin to create the analysis model. -Develop prototypes that enable a user to understand how human machine interaction will occur. -Record the origin of and the reason for every requirement. -Use multiple views of requirements like building data, function and behavioral models. -Work to eliminate ambiguity. ENTITY RELATIONSHIP DIAGRAM (ERD) Entity-Relationship Diagram This depicts relationship between data objects. The attribute of each data objects noted in the entity- relationship diagram can be described using a data object description. Data flow diagram serves two purposes: -To provide an induction of how data are transformed as they move through the system. -To depict the functions that transformation the data flow. Data Objects A data object is a representation of almost any composite information that must be understood by the software. By composite information, we mean something that has a number of different properties or attributes. A data object encapsulates data only there is no reference within a data object to operations that act on the data. Attributes: Attributes define the properties of a data object and take on one of three different characteristics. They can be used to; -Name an instance of data object. -Describe the instance -Make reference to another instance in other table. Relationship Data objects are connected to one another in a variety of different ways. We can define a set of object relationship pairs that define the relevant relationships. E-R DIAGRAM CUSTOMER HOTEL CHECK IN ROOM INFORMATION ROOM ROOM RECORD CUSTOMER HOTEL CHECK OUT CUSTOMER ROOM ROOM PRICE HOTEL DATA MODELING Data modeling defines primary data objects, composition of each data object, and attributes of the object and other objects and between objects and processes. Hotel Table Fields Type Hotel Id Varchar2 Hotel Name Varchar2 Address Varchar2 City Varchar2 Phone No Number Number of Stars Varchar2 Customer Table Fields Type Customer Id Varchar2 First Name Varchar2 Last Name Varchar2 Gender Varchar2 Address Varchar2 Phone No Number Email Address Varchar2 Reservation Fields Type Reservation Id Varchar2 Customer Id Varchar2 Hotel Id Varchar2 Reservation Date Date Arrival Date Date Departure Date Date Room Category Varchar2 Status Varchar2 Total Cost Number Room Field Type Hotel Id Varchar2 Room Number Number Category Id Varchar2 Room Category Field Type Category Id Varchar2 Category Name Varchar2 Number Of Beds Number Search In this function, room, customer as user can search detail from the database according to their authentication. CONCLUSION This project have been designed in a great user friendly and largely providing attribute interface and tp meet the requirement of a Hotel Management System.. The project is working with quick response and same level of security is also maintained. The Oracle database is maintained and frontend with Visual Basic. In this designing system, I have used an ER Diagrams; overall this project teaches us the essential skill like; -Understanding the Oracle database handling and query processing. -Using system analysis and design techniques like ER diagram and Data modeling in designing the system.

Global Power Dynamic Essay -- International Relations

Introduction During the era of the Cold War, the global power structure was â€Å"characterized by strategic bipolarity† (Sorensen 2004: 124). After the disintegration of Soviet Union, the global power structure turned into a unipolar world under the control of the United States. With the development of Germany and Japan, scholars, analysts and observers have predicted a decline in American power and a return to a multi-polar world. Recent years, the BRICs has been considered as a new power in global issue. its rapid and successful development, China has been exposed under the spotlight all the time. The world economic crisis happened in 2007 not only damaged the economy of America but also the international image. We have seen the vulnerability of American economy and the failing role of taking responsibility for the economic crisis. Simultaneously, as a huge economy, China is the only country recovers in the minimum duration. The recovery of China also contributes to the spring back of r egional and global economy. After the global economic crisis, China has reduced the distance with America in economy, most importantly; China has built a â€Å"powerful† image in the world. Thus this image brings one standpoint that China is becoming another super power in the world; America cannot dictate the whole world any more. Based on this view, the global power structure is emerging â€Å"a G2 structure: China and US† (Stelzer 2009). This paper is aiming to analyze this G2 assumption. Is it the real global power structure in the world now? How does the crisis affect the state? Does the world economic crisis only bring power to China? Where will be the next stop of the power structure? The transformation of the new power The emerging powerful Ch... ... Weekly Standard, Vol. 13, Issue 46, 25 August 2008. http://www.weeklystandard.com/Utilities/printer_preview.asp?idArticle=15426&R=162C82AAED Roberts, Cynthia, â€Å"Polity Forum: Challengers or Stakeholders? BRICs and the Liberal World Order†, Polity, Vol. 42, No. 1, 2010. Sorensen, Georg, â€Å"The Transformation of the State. Beyond the Myth of Retreat†, London: Palgrave/Macmillan, 2008. Stelzer, Irwin, â€Å"The real action will be at the G2: China and the US†, The Sunday Times, March 29, 2009. http://business.timesonline.co.uk/tol/business/columnists/article5993143.ece Mastanduno, Michael, ‘‘System Maker and Privilege Taker: U.S. Power and the International Political Economy’’, World Politics 61, January 2009. Wade, Robert (2008), â€Å"Financial Regime Change? New Left Review†, 53, September-October 2008. Zakaria, Fareed, â€Å"The Rise of the Rest†, Newsweek, 12 May, 2008.