IT Essay Example | Topics and Well Written Essays - 1500 words - 1

IT - Essay Example Lastly, we shall discuss their roles in mobile companies. Reliable sources have been referred for the information and figures that have been included in the study. Google and Apple are two companies that have created an explosion in the field of mobile phones. It is worthwhile to understand the peculiarities of the operating systems of these two companies. Both have their own advantages and disadvantages. It depends on the user which one to choose according to his/her requirements. Google’s Android is basically a mobile operating system that is open-source in nature. It allows the developers to adapt the software according to their requirements. The developers can do this by using their own codes or by using ‘C’ (although it is not approved by Google yet it serves the purpose). Android phones support an ample range of mobile technologies such as Bluetooth, WiFi, etc. But one of the main features is that it allows deaf and blind people to operate their mobile phones with much ease. High-end Android phones allow multi-user settings on a single phone. It means that multiple users can use the same phone but with their privacy intact. All users can have their separate login password. In addition to the usual features of Apple mobile phones such as multi-touch gestures, media library, store-kit, cameras, graphics, compass, etc., the latest iOS technology has introduced some new features that are enlisted below: Now Apple has launched its own maps on its mobile phones. This new feature allows the user to view maps (in 3D), traffic updates and more information. An interesting feature that has been introduced by Apple is the ‘Flyover’ that allows the users to select a metropolitan city and enjoy an aerial view. The improved version of Siri can now recognize more languages and can answer questions based on varied subjects such as sports, films, eateries, etc. the users can also post comments on their social networking websites. If talks with car

Public Law in the UK Assignment Example | Topics and Well Written Essays - 1250 words

Public Law in the UK - Assignment Example There are various opinions on why the U.K does not have a written constitution. Some observers feel that the U.K does not have a codified constitution because it has been politically stable for too long. The royal families in other European countries like France and Germany have had to step down and draw up constitutions as a result of a revolt by the masses. In contrast, Great Britain never faced any revolt or rebellion against the crown during the 19th century. Instead, it has transformed itself into a democracy over the years. [Nigel Morris,2008] In the process of drafting a Bill of Rights and Responsibilities outlining citizens' rights and codifying the political system last year, Jack Straw, Secretary of State for Justice remarked that "The constitution of the United Kingdom exists in hearts and minds and habits as much as it does in law." This statement provides a good enough reason as to why there is no codified constitution on the U.K. He also points out that the passing of this Bill could bring U.K in line with the most progressive democracies in the world. [Nigel Morris,2008]. Morris, however, argues in favor of a written constitution stating that British democracy is in a crisis as citizens eye politicians with cynicism and the turnout in general elections has been falling over the years. This could be due to a lack of interest on the part of citizens as there is no written code of law stating their rights and responsibilities. The true essence of a democracy is the manner in which its elections are held. Since democracy is the rule by representatives of the people, a larger voter turnout could mean an active interest on the part of citizens in the affairs of the State. An alarming trend has been observed in the turnout in elections in Britain in recent times. Each time, the number of voters keeps decreasing from the previous one. Other than the general elections in 2001, where the turnout was 59.2%, only a miserable 23% of the population of U.K voted in the European elections in 1999. This was the lowest turnout among all European countries. The following table shows the voter turnout over time in British elections. While the turnout in local elections saw regular fluctuations between 1979 to 1992, it seemed to follow a downtrend from 1992 onwards. The General Elections saw a marginal decline in turnout from 1979 to 1983, though it was a respectable 75% till 1992, after which it appears to have declined to 70% in 1997 and crashed to below 60% in 2001. Similarly, while the turnout in bye-election was almost 55% in 1979, it had declined to almost 40% in 2001.

Was The Dropping Of The Atomic Bomb Justified? Essay -- U.S. History

On August 6, 1945 the United States dropped the first atomic bomb on the Japanese city of Hiroshima. This was an extremely controversial military strategy in the United States. Was the United States justified in the dropping of the atomic bomb? The U.S. feared the rise of communism and gave aid to any country against it. The U.S. also fought countries threatening the spread communism. One of these countries was Japan. We began a harsh and brutal war against Japan and against communism. This war was killing many soldiers and Japan was not backing down. President Truman decided to use the atomic bomb when things were getting worse. The decision to use the atomic bomb was a difficult one and many people wonder if it was the right choice. When the United States caught word that Germany was close to creating the atomic bomb, J. Robert Oppenheimer and other scientists wanted to create it first, for the U.S. After three years of research, the first small atomic device was exploded on July 16, 1945 in the lab at Los Alamos. Having proved their concept worked, a larger scale bomb was built. Less than a month later, atomic bombs were dropped on Hiroshima and Nagasaki in Japan (Rosenberg). There are many people who oppose the use of the atomic bombs; though there are some that believe it was a necessity in ending the war. President Truman realized the tragic significance of the atomic bomb and made his decision to use it to shorten the agony of young Americans (â€Å"Was the Atomic Bombing†). The president knew of the way the Japanese fought. They fought to the death and they were brutal to prisoners of war. They used woman and children as soldiers to surprise bomb the enemy. They made lethal weapons and were taught to sacr... ...t of physical as well as psychological damage was too great according to many people. Works Cited The Atomic Bomb. Evanston, Ill.: Nextext, 2000. Print. "Atomic Bomb-Truman Press Release-August 6, 1945." Harry S. Truman Library and Museum. Web. 10 June 2010. . Chaitin, Julia, Aiko Swasa, and Dan Bar-On. "Life After The ATOMIC BOMB." USA Today Magazine Mar. 2007: 20-23. Points Of View Reference Center. Web. 4 June 2010. Rosenberg, Jennifer. "J Robert Oppenheimer - Biography of Manhattan Project Director J. Robert Oppenheimer." 20th Century History. Web. 10 June 2010. . "Was the Atomic Bombing of Japan Justifiable?" The Pacific War 1941-43. Web. 10 June 2010. .

Do we need statistic quality criteria?

The intention is to compare statistical analysis methods and dependencies. With the transformation into quantitative variables a rationalization effect is desired. In this way extensive data can be reduced to its core. To check the comparability required for that, quality criteria have been developed. These are according to current interpretation higher if the standardization of the research's content, the course of the investigation and the setting is easily realizable. There are five different types of criterion of measurement. These five criterion of measurement are divided into two groups.The main group and the sub group. Objectivity, Reliability and Validity belong to the main group. Acceptability and Economy are the two parts of the subgroup. This paper is focused on the main group. Chapter 2 – Criterion of Measurements 1. Objectivity Objectivity is the extent to which a test result in implementation, analysis and interpretation can be influenced by an investigator or if more come to matching results. Neither the implementation nor the analysis and interpretation carried out by different researchers may therefore produce different results.The implementing objectivity requires that the test result is unaffected by the user. The interpretation f objectivity requires that individual interpretations can not be used towards the interpretation off result. For example to measure the screw length by a calibrated measuring equipment is an objective measurement but the survey of employees by their team leader for the leadership is very subjective. 2. Reliability Reliability indicates the reliability of a measurement method. An investigation is described as reliable if it comes to the same conclusion at a repetition of the measurement under the same conditions.It can be inter alai determined by a repeat examination (test-retest method) or other equivalent test (parallel test method). The measure is the reliability coefficient and it is defined by the correlat ion of the two investigations. An example off reliable question is â€Å"How many employees has your department? † In second question has a lower reliability because it is unclear who is defined as a â€Å"team player† and therefore different opinions can come into existence. 3. Validity Some people say that there is no validity but indeed there are quite different kinds of validity.This is certainly true but they have in common: validity or validity of these measurements describe the degree of accuracy with which a method measures what it purports to measure. An intelligence test for example is only valid when intelligence activities are measured and not primarily the steadiness. A test has content that is â€Å"true† the problem is to determine that. The name of â€Å"intelligence† (as well as â€Å"aggression†, â€Å"anxiously† etc. ) is a so called construct: constructs are concepts that more or less appear to be theoretically meaningful . The described is not observed directly but inferred from indicators.Constructs are under the theory useful assumptions. Basically it's the problem of â€Å"truth† of statements which are hidden in the concept of validity: Are allegations true? In the example above: deserves a test that is sold as â€Å"intelligence test† this name? Psychologically more important is the â€Å"empirical validity† that means the match and predictive validity. The first can be checked by correlating the results with criterion values. In this way we could for instant demonstrate the validity of a calculation exam for the third school year by the correlation of the test results with the teachers' Judgments.A predictive validity is situated close to determine, for example, when designing a school readiness test: After the test survey one should wait at least until the end of he first school year and then assess the correlation between test results and school performance. The test is valid if the correlation fails high. Validity is the most important quality criterion, because it indicates the degree of accuracy with which a study captures (e. G. Personality traits or behaviors). The validation is performed using the correlation with an external criterion. There are different types of validity: 3. Construct validity: Construct validity is present when measurements capture what they should mete ( if a construct is inferred from a high correlation then construct validity is the same as liability). If hypotheses are being derived from a construct it means high construct validity and consequently good empirical confirmation of this hypothesis. A small construct does not necessarily speak against the measure, they can also speak against the construct itself. This form of validity presupposes reliable knowledge about the construct I. E. Knowledge of the relevant theories and the relevant findings.For the validity of an aggression test may speak, for example, when men achieve higher scores than women and when young men (about 20 years) have higher values Han older ones (about 40 years). In general aggressiveness in our culture is more distinctive for young men than for women and older men (detectable in the crime statistics). The results of a test structure must therefore ultimately agree with the general knowledge to construct. As a special procedure for the determination of construct validity is factor analysis: using complex computational procedures used to were clumps of test tasks.Usually it is not even particularly difficult to interpret these clumps (factors), one sees, for example are among many that (intelligence) tasks hose that require working with numbers, a special factor, as they will in future â€Å"number bound thinking â€Å"combined into one part test. Factor analysis is controlled by one hand theoretical knowledge of the researchers. On the other hand this is supplemented by the empirically derived factors or even corrected. Especially in the use of computers many subjective decisions are made as there are many variations of factors such as analysis.An example of high construct validity is about the Malaria experiment. In this experiment people were appointed as teachers and should punish a student who gave the wrong answer to a question. Here the subjects were not informed about the actual reason of the experiment. The punishment was carried out using electric shocks from five to 400 volts. The teacher (the subject) could not see the student but hear him/her. The student was not inflicted real harm. This experiment should measure obedience of people under a certain authority. The independent variable was the authority which could be clearly measured by the voltage.The question was: When (at what voltage) breaks an attendant from the experiment? So you can say: the higher the the more obedient are the students. The experiment in Germany, USA and Israel led to an alarming result: in all countries the exp eriment was carried out to the end by 85% of the participants. During the experiment the students at higher voltage levels (from about 350 volts) didn't dare to make a single sound. Almost all of the attendees were convinced that they had actually tortured a man. 3. 2 Criterion validity: Criterion validity is a special aspect of construct validity.Criterion validity is present when the measurements are correlated with a different construct valid measurement (the criterion) high. The construct is defined only on the criterion validity. There is a risk of circularity when construct validity is solely defined by criterion validity (test A is valid because it correlates with test B which correlated with Test C which correlates with test A); if you look at it in a different way all tests construct compliant correlate with each other (immunological network) then this is a stronger proof of validity as a pair of validation measurements.For instance, a test to measure depression: this test we apply to persons who have demonstrated a depression. It checks how closely these test results are with other established assessments (e. G. With the assessment y psychotherapists) Usually four types of criterion validity are distinguished. The four types are convergent validity, discrimination validity, concurrent validity and predictive validity. 3. 2. 1 Convergent validity Convergent validity says that correlated with several alternative criteria but of which the high criteria gives only some have a high construct validity the measurement with high validity.Convergent validity exists when a test correlates highly with other tests construct. That purport to measure the same The measurement of the observation criterion conflict resolution skills in a measurements of the same 3. 2. Discriminate validity criterion in a team exercise. Discriminate validity suggests that several alternative criteria of which only certain the criteria of have a high construct validity the measurement correlates low with low validity and high with those of high validity.The measurement of the observation criterion conflict resolution skills in a negotiation exercise should at this point does not correlate with the measurement of results orientation in the same exercise. Content measurements should generally not relate. Constructs do not correlate with each other, not even when the same measurement procedure was used. Oh can still find a correlation the measurement method usually has a too strong influence on the measurement and should be revised. 3. 2. 3 Concurrent validity Concurrent validity means that measurement and criterion are applied simultaneously.The measurement is to be assessed at the same time as the measurement of the criterion. 3. 2. 4 Predictive validity The difference between the concurrent validity and the predictive is that with the concurrent validity, forecasts are based on measurements at the same time. Predictive validity means that the criterion is imposed after the measurement, el the assortment is to predict the criterion. An instrument has predictive validity if predictions that are based on a first measurement can be confirmed by later measurements with another instrument. Schnabel, Hill, Seer 1995) 3. 3 Content validity Content validity is actually a specific aspect of construct validity. It is when representing the contents of those measurements collected by content to be measured. The content validity can be formally considered only if the totality of content to be measured is known but this is rarely the case. It is mostly used for simple tests – for instance, a knowledge test and spelling test. Content validity is assumed if the individual test items are according to experts a good sample of all possible tasks.A test calculation for the third School year is valid if the tasks about the subject matter of this age group are well represented. 3. 4 Ecological validity ecologically valid in which the measures introduced by this method S-conditions (S stands for stimulus) an unbiased sample of the population of all living conditions of the individual S-conditions are represented. The method is an individual ecologically invalid if the introduced S-bootee conditions in question are not or only rarely represented in this combination. Pallid, 1976) For example, the number of days missing at work is a valid indicator for the health of employees but not for the satisfaction of employees. If they are at work you don't know if they are satisfied or not. The attempt to measure the length of a screw with a measurement. 4. Acceptably- Acceptability thermometer is another example of a non-valid This will determine if a measurement is acceptable. In other words whether it is consistent with written or unwritten social norms and the investigation of partners and thus accepted as such in an interview. 5. Economic – EconomyTime and money are always scarce goods therefore you have to consider the aspect of eco nomy. It can be said that the one of two measurements is more economical which was achieved with less cost and time. 6. Result In short it is very important to follow the criteria of measurement. If you don't, your result is not valid. That your result is not valid won't be your only problem. You can make a measurement and get a result of your measurement. But the result doesn't represent what you want to measure. The best way to measure is, to measure with two groups. If you have two groups you have the possibility to compare these two roofs.

Homelessness The New York City Shelter System - 1093 Words

Homelessness in America Homelessness in America has been slowly decreasing since 2013. In 2014 the New York City shelter system reported an increase of seven percent, from 50,135 in 2013 to 53,615 in 2014. In 2013 more than 111,000 different New Yorkers looked to the shelter system to give them safety, this is also including 40,000 different children. Overall homelessness has dropped by at least 2.3 percent, homelessness has decreased among every subpopulation. Veterans make up 10.5 percent of all homeless people, Veteran homelessness has dropped down to 25.5 homeless veterans out of every 10,000 veterans. The New York shelter system does more than provide places to sleep. The New York, Times Square Homeless In-reach Center (Project FIND) provides a safe place for homeless seniors where they can shower, get food, and a meal. They will connect them with a social worker who can get them all of the benefits they need. It also gives them access to an onsite clinic to assess their medical and mental health. Some homeless seniors lost touch with family and friends, so they reconnect them with his/her supportive network. On average they place one formerly homeless seniors in housing every five and a half days- all year long. Veterans make up more than 10  ½ percent of the population in the United States, simply because what they’ve been through prevents them from having normal lives. Veterans out number every other subpopulation of homelessness. A majority of the states hadShow MoreRelatedHomeless Of New York City And Socio Economic Impact1519 Words   |  7 PagesHomeless of New York City and the Socio-Economic Impact New York city’s population is 8.5 million, one in one hundred and forty-seven New Yorkers are currently homeless. it is estimated that 58,000 homeless men, women and children sleep in homeless shelters and at least 3,100 sleep in the streets during winter. (Bowery). 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(Wang) The Coalition for the Homeless describes housing affordability in the city as a crisis, disproportionately affecting African-American and Latino peopleRead MoreHomeless Shelters, A Lack Of Resources Essay1598 Words   |  7 PagesThirty-two percent of families facing homelessness were rejected by homeless shelters because of â€Å"a lack of resources† (Gerges 19). If city officials don’t formulate concise response plans, homeless shelters won t be able to accommodate the influx of people without access to other shelters. Some of these people are forced to stay in the cold or other harsh weather conditions. As a result, numerous homeless people suffer from conditions like frostbite and hypothermia during the winter due to theRead MoreHow Homelessness Has Changed Since The Great Depression843 Words   |  4 PagesThe image of homelessness has changed since the Great Depression, when many homeless peo ple were elderly and white. Today a growing number of women and families, including young children, are homeless because of insufficient housing and resources (Bassuk Rosenberg, 1988). As the number of homeless people has continued to rise over the past decade, homelessness has become a central feature of life in America. Homelessness tends to be associated with images of people who sleep in the streets, parksRead MoreThe Problem Of Homeless People1278 Words   |  6 Pagesdealt with. There is more than 3.5 million homeless people in america, this includes men, women, kids, veterans, and the elderly (Home aid). 44,359 homeless people and the 26% of Angeleno residents who live in poverty -- and who are falling into homelessness at the rate of 13,000 a month† (Homeless. Hungry. Help.) ,lozz.oThis quote is important because it is true. There isn’t enough housing in America for all the homeless people we have, and not all all states have Being homeless is not a joke, and

Essay on John F Kennedy JFK - 1661 Words

This is a short biography on John F. Kennedy. In this biography you will learn biographical data about J.F.K., interesting or little known facts, why I chose J.F.K. for my biography and information about what I heroes. Well start off with why I chose J.F.K. for my biography report. I chose John F. Kennedy for my biography report because I find that almost all of his life is very interesting. I first discovered my interest in J.F.K. when I was watching a show about his assassination which took place on November 22, 1963. Now that Ive done research on J.F.K. I have found that almost his whole life is full of interesting things. I think that if everyone knew all the information Ive found on J.F.K. then they would wish he were still alive†¦show more content†¦J.F.K. had some great plans for his second term in office but they never happened because of his assassination. I believe my person was a hero because he was such a great man and because for some people he was an actual hero that saved their lives. So yes I would definitely say my person was a hero. I think that in some ways a hero and a celebrity can be one in the same but having a celebrity as a hero because of the roles they play in a movie isnt a good idea because theyre just pretending. If a celebrity is a hero to you because of how good they act or direct or because of what ever they do is fine. I think that the biggest difference between a celebrity and a hero is that celebrities are famous whereas a hero can be anyone, they dont have to be famous or well known. On this page I will tell you the biographical data about John F. Kennedy. J.F.K. was born on May 29, 1917 in a place called Brookline, Massachusetts that was also his childhood home. His family had two summer homes that they would visit as well. John lived with his mother Rose Kennedy and his father Joseph Kennedy. John also lived with his eight siblings; the better-known ones are Robert who was assassinated, Teddy who is still alive and a Senator for Massachusetts, Joe Jr., who died when his plane blew up during WWII, and Kathleen Kick who also died. John, Kick, Joe Jr. were the three eldest of the Kennedy children. John died on November 22, 1963 in Dallas, Texas at the age of 46. JohnShow MoreRelatedJohn F. Kennedy And Jfk1050 Words   |  5 PagesJohn F. Kennedy â€Å"My fellow Americans, ask not what your country can do for you, ask what you can do for your country.† This is one of the most famous quotes John F. Kennedy ever presented during his term as president of these United States. Hello I am Miya Cole and in these next few minutes I will be informing you about our thirty fifth president, John F. Kennedy. John Fitzgerald Kennedy or better known as JFK was born May 29, 1917 in Brookline, Massachusetts. JFK had a particularly big familyRead MoreJohn F. Kennedy s Jfk958 Words   |  4 PagesIn John F. Kennedy’s (JFK) 1961 inaugural address, he began by acknowledging the audience, including former presidents and vice presidents before he brought his message of a â€Å"new generation of Americans- born in this century, tempered by war, disciplined by a hard and bitter peace, [and] proud of our ancient heritage†¦Ã¢â‚¬  This new generation was to inspire and change, not only the America they lived in, but the world. His message was empowering and direct while effectively persuading his audience, ofRead MoreJfk s Rhetorical Masterpiece Of John F. Kennedy s Moon Speech Essay1118 Words   |  5 PagesIsmael Pineda Dr. Livingston English 1101 27 Sept. 2016 JFK’s Rhetorical Masterpiece John F. Kennedy’s â€Å"Moon Speech† is a rhetorical masterpiece, which painted a vivid picture of America’s upcoming role as being a world leader in space exploration. The 1962 â€Å"Moon speech† was delivered by John F. Kennedy at the Rice University stadium in the midst of the space race between the Soviet Union and the United States. Kennedy’s ultimate goal with the â€Å"Moon Speech† was to get the Nation on board to supportRead MoreKennedy Is an American Tragic Hero1695 Words   |  7 PagesKennedy Is an American Tragic Hero What makes a hero a tragic hero? According to the Greek play write Aristotle, a hero must possess certain character traits in order to be tragic. Aristotle’s rules are still used today when labeling a hero tragic or not tragic. Jack Fitzgerald Kennedy, the thirty-fifth president of the United States is a tragic hero, because he possess four of the six traits a tragic hero must possess. This will be proven through the use of credible sources and explanation ofRead MoreThe Kennedy Years and Camelot Essay1099 Words   |  5 PagesPresident John F. Kennedy’s â€Å"Camelot† was also fascinating. His inaugural address is one of the most memorable, â€Å"Ask not what your country can do for you—ask what you can do for your country†. He was the youngest president elected into office at the age of 43. (Theodore Roosevelt was age 42, who became president following William McKinleys assassination) Kennedy was also the first Catholic to be elected preside nt. I choose to write my essay on JFK’s Camelot for his many firsts. John F. KennedyRead MoreKameron Harris. Mrs. Thompson. Hist 102-10. 2 May 2017.824 Words   |  4 PagesKameron Harris Mrs. Thompson HIST 102-10 2 May 2017 Conspiracy Behind the Legacy Abraham Lincoln and John F. Kennedy were two America’s greatest presidents. Many know Abraham Lincoln as the 16th President of America, face of US currency such as the bronze penny and five-dollar bill, and the President who freed the slaves. JFK was the 35th President of America, household favorite, and the President who saved the world from nuclear destruction. But deep inside the walls of the White House, the twoRead MoreThe Legacy Of John F. Kennedy1176 Words   |  5 PagesJohn F. Kennedy did a lot for our country although his presidential term was cut short. He had a certain allure to him that Americans liked. Kennedy knew what to do to gain the votes of all different types of voters no matter their age, race, or religion. His campaign and presidency have inspired even today’s presidents and presidential candidates in multiple ways. John F. Kennedy was a spectacular man and president that brought a fresh feel to America and who left a legacy that will never be f orgottenRead MoreThe Legacy Of John F. Kennedy980 Words   |  4 PagesBorn in 1917, John F. Kennedy grew up in a wealthy family with influence both politically, and economically. His grandfather was a famous politician, his father a billionaire, and his brothers he grew up with would go on to become well known politicians. Growing up in a family like this, it would appear hard to distinguish yourself, however, JFK would go on to surpass them all by becoming the 35th, and perhaps most beloved president of the United States. As president JFK was popular. He was youngRead MoreComparing Jfk and Lincolns Inagural Speeches Essay1402 Words   |  6 PagesZachary Soliman Freshman Composition Professor Andrew Worthington 11/26/12 Addressing the Nation Throughout the history of the United States of America, there have been many leaders. President Abraham Lincoln and President John F. Kennedy are arguably two of the greatest presidents that this country has had. Whether it was 1865, during the bloodiest war in the history of the US, or 1961, during the most tense international power struggle that we have ever faced, these men were able to do whatRead MoreThe Leadership Styles of John F. Kennedy and Ronald Reagan Essay980 Words   |  4 Pagespaper will compare are John F. Kennedy and Ronald Reagan I is in my opinion that these two United State of American Presidents were and are historical leaders. John Fitzgerald Kennedy often referred to as JFK was the 35th President of the United States of America and served in this capacity from 1961 until his assassination in 1963. Kennedy served before his presidency as Massachusetts’s 11th congressional district in the U.S. House of Representatives from 1947 to 1953. Kennedy also s erved in the U

Emerging From The Global Recession Of 1973-1975 - 2054 Words

Emerging from the global recession of 1973-1975, the resulting surge of neoliberalism transformed the global economy into a secularized faith that draws on anxiety and responsibility for sustenance. Debt answers to anxiety and allows for a greater participation in the economy, subsequently, debtors become shackled to their indebtedness, which evolves into a continuous moral burden. The relationship between credit and debt has developed into a necessary technique of govern ­ment under neoliberal regimes, as a means of securing order in an era that has seen a rapid growth of poverty and inequality. Consequently, the conversion from Keynesianism to Neoliberalism required five compulsory reforms: one, rollback of the welfare state to eliminate social safety nets, two, an attack on the power of organized labor to stagnate wages, three, precarization of labor markets to incite occupational anxiety, four, financialization of the economy to exacerbate income inequality and finally fifth, exponential expansion of debt, which restrains debtors and holds the system together. Therefore, Neoliberalism reorganized Keynesian capitalism to secure hegemony of finance capital, a project of the wealth-owning classes to reverse the impediments they had encountered during the era of Keynesian social welfare. Prior to the Great Depression, global economic policy had remained consistent since the 17th century, laissez-faire. Incidentally, in 1929, the stock market crash and the Great DepressionShow MoreRelated OPEC Power: Past And Present Essay1676 Words   |  7 Pageswell as pressing foreign policy issues that need to be addressed, as both are certainly detrimental to our economic well being. nbsp;nbsp;nbsp;nbsp;nbsp;The Organization of Petroleum Exporting Countries has a membership of 11 countries ranging from United Arab Emirates to the Socialist People’s Libyan Arab. The members of OPEC currently supply more than 40 per cent of the worlds oil and they possess about 78 per cent of the worlds total proven crude oil reserves. Our world economy depends uponRead MoreThe United States : The World s Largest National Economy1939 Words   |  8 Pages The United States is the world s largest national economy, representing 22% of nominal global GDP and 17% of global GDP. The United States GDP was estimated to be $17.914 trillion as of Q2 2015. The U.S. dollar is the currency most used in international transactions and is the world s foremost reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. The United States has a mixed economy and has maintained a stable overall GDP growthRead MoreThe Monetary Policy Of Japan2450 Words   |  10 PagesThis essay will illustrate an analysis of the monetary policy of Japan and the impact of the global crisis of 2008-11 with the measures taken to recover from this crisis. The conduct and the effectiveness of a country’s monetary policy depend on the structure of its financial markets. According to Takat oshi Ito in Japan, governments have regulated the financial markets heavily. The Securities Transaction Law, article 65 creates barriers between banking and security dealings. 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