Unemployment in the US Essay Example For Students

Unemployment in the US Essay I chose these indicators because all are something that ordinary people deal with every day. All of us have control over our own spending and how far into debt we go. If we are not making the salary we want then we are free to look for a new job or an additional job. There is also the possibility of going back to school to raise your educational level in order to get a better job. This may, of course, put us deeper into debt. We are in debt as a country, and as individuals, but with the economy as strong as it is people have no qualms about going deeper into debt. There are increases in delinquency rates on consumer loans, record numbers of bankruptcy filings, and an increasing share of income devoted to paying interest on debt. These are signs that some households are becoming overextended. In this paper I discuss bankruptcy, consumer credit, inherited wealth and the difference in the way some generations handle debt. Personal income, installment debt and unemployment are coincident or lagging economic indicators or both. By many measures the US economy is very healthy, but increasing consumer debt and personal bankruptcies raise concerns about the future. We will write a custom essay on Unemployment in the US specifically for you for only $16.38 $13.9/page Order now Credit card debt is higher than ever, and personal bankruptcies soared in 1995 and 1996 (Silverman 1997). Over 10% of Americans are expected to declare bankruptcy during the 1990s unless the trend changes, and there is no longer public scorn for those who file bankruptcy (Darlin 1997). Consumer credit remains readily available despite rising bankruptcies. This trend is attributed to a credit-friendly social policy which requires credit to be extended without discrimination. Furthermore, easy credit is needed to allow consumers to buy goods. The lending business also remains lucrative. To manage risks, financial institutions resort to diversification and risk shifting. The cost of bankruptcy is also incorporated in the cost of credit (Lykins and Plankenhorn 1996). The post baby-boom group known as Generation X is accumulating a great deal of debt, mostly through credit cards. The average credit card balance of households headed by someone under 25 nearly doubled from 1990 to 1995. There seems to be little desire among these people to live within their means (Shenk 1997). However, young people who can establish good credit will reap numerous benefits. A good credit record can provide young consumers with access to financing, thus enabling them to make purchases that they otherwise would not be able to make. In addition, good credit can enhance young people=s chances of getting good jobs. Borrowers who pay on time and in full may be able to convince potential employers that they are responsible and can manage their own finances (Shafer 1997). However, missed payments on bank credit card debt reached a new high of 2.13% of outstanding credit card debt in the 4th quarter of 1997. The American Bankers Association reported a decline in the percentage of accounts more than 30 days overdue during the quarter, although there was a rise in the percentage of loaned dollars delinquent. Consumer debt represents about 20.6% of disposable income (Kingson-Bloom 1998). The debt-service ratio can be used as an accurate predictor of future consumer spending growth or a source for explaining aggregate consumer spending. Furthermore, the ratio of debt service to income, if analyzed together with other economic indicators, will reveal future income growth. This ratio analysis is beneficial to financial service institutions as through this, they can determine debt payment capacities of clients (Murphy 1998). On the whole the Generation Xers have a gloom and doom attitude towards money, and maybe with good reason. .u2c097e11c92f9d13a0c721d752d27517 , .u2c097e11c92f9d13a0c721d752d27517 .postImageUrl , .u2c097e11c92f9d13a0c721d752d27517 .centered-text-area { min-height: 80px; position: relative; } .u2c097e11c92f9d13a0c721d752d27517 , .u2c097e11c92f9d13a0c721d752d27517:hover , .u2c097e11c92f9d13a0c721d752d27517:visited , .u2c097e11c92f9d13a0c721d752d27517:active { border:0!important; } .u2c097e11c92f9d13a0c721d752d27517 .clearfix:after { content: ""; display: table; clear: both; } .u2c097e11c92f9d13a0c721d752d27517 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2c097e11c92f9d13a0c721d752d27517:active , .u2c097e11c92f9d13a0c721d752d27517:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2c097e11c92f9d13a0c721d752d27517 .centered-text-area { width: 100%; position: relative ; } .u2c097e11c92f9d13a0c721d752d27517 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2c097e11c92f9d13a0c721d752d27517 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2c097e11c92f9d13a0c721d752d27517 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2c097e11c92f9d13a0c721d752d27517:hover .ctaButton { background-color: #34495E!important; } .u2c097e11c92f9d13a0c721d752d27517 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2c097e11c92f9d13a0c721d752d27517 .u2c097e11c92f9d13a0c721d752d27517-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2c097e11c92f9d13a0c721d752d27517:after { content: ""; display: block; clear: both; } READ: Underlying Themes in the Works of James A Michener Essay Social security will probably be out of money by the time they reach retirement age and most feel that they will never be out of debt, so they live life as such. Money conflicts in relationships are reflective of society=s growing insecurity about its financial future. America is turning into a fatalistic culture. This negativity is based on economic conditions that contradict the once prevalent belief of never-ending prosperity. The United States= stalled economy, mind boggling national debt, and the prospect of the collapse of the Social Security system have left many Americans terrified about their ability to make ends .

Diana essays

Diana essays The life of Lady Diana, Princess of Wales, continues to inspire the world today. Ever since she was a child, Diana put smiles on peoples faces. As she grew older, began dating Prince Charles, celebrated her highly publicized wedding and participated in royal duties as part of the British monarchy, Diana always seemed to make everyone have a better outlook on themselves. Even in death, she continues to be a positive influence on people everywhere. Princess Diana was born on July 1, 1961 at Park House, to Edward John and Frances Spencer, her proud parents. Dianas parents had the royal titles of Viscount and Viscountess Althrop. Her own title was the Honorable Diana Frances Spencer. They were an extremely noble family. Diana had two sisters, Sarah and Jane, and a brother named Charles (Diana as a Child Internet). She always did things her own way, yet she was a delightful child. She was taught to have extremely good manners and to be on her best behavior at all times (Darling 10-11). Dianas father worked for Queen Elizabeth and the two families (the Spencers and the Windsors) would spend time at the Sandringham house. The children would play together and swim all day long (Darling 12-13 ) Diana was an intelligent child. She attended the prep school, Riddlesworth Hall in Diss, Norfolk. In 1974, Diana was sent to a boarding school called West Heath, near Sevenoaks, Kent. While studying there, Diana became an accomplished pianist and received many awards. In 1977, she was sent to finishing school at the Institute of Alpine Videmantte in Rougemont, Switzerland (Diana as a Child Internet). Despite of all the finishing schools Diana was sent to, she still enjoyed sports. Diana really liked swimming, tennis, and netball. Diana also had a love for dancing, and often said that she was obsessed with the ballet (Darling 18). At the age of sixteen, Diana had never been on an airplane, so that December...

Business Plan for the coffee shop Coursework Example | Topics and Well Written Essays - 1500 words

Business Plan for the coffee shop - Coursework Example Direct competitors include Starbucks, Pref A Manger, Costa, and other coffee shops in the London region. Indirect competitors include bars and restaurants who sell milkshakes and coffee. Saturation in London has prompted key coffee chains to expand regionally. Despite retaining their outlet growth, this has resulted to downward pressure on sales and increased competition. The year 2004 witnessed key coffee shop brands picking off major high traffic sites thus leveraging their powerful brands to compete with other independents and formats. Caffe Nero, Costa, and Starbucks remain to be the dominant players in the United Kingdom coffee shop markets. In 2004, the main competitor was Starbucks and it has more than 400 outlets.2 However, in 2010, Costa Coffee became the market leader and it is the current UK’s preferred coffee shop.3 The coffee shop has competitive advantage over the competitor’s coffee shops. This is because of its good customer service, good location, and g ood product quality and various choices in terms of the interior. Industry Analysis After oil, coffee is the second most traded product in the world. The milkshake and coffee market is highly competitive. The coffee and milkshake market is dominated by international brands such as Starbucks and Costa. Project Cafe10 UK research has revealed that the UK coffee shop market sales have grown by 12 percent in 2010 and branded coffee shop segments such as Pret, Caffe Nero, Costa, and Starbucks recording 1.94 billion Sterling pounds in revenue. Venue choice among the consumers has increased and these venues include non-specialist operators, independents, and branded chains; in 2010, the venues comprised over 14,022 outlets. The market,... The report intends to examine short term and long term aims and objectives such as to make the coffee shop known in the area and gain competitive advantage; to increase customer awareness by 30 percent within a period of three months; to achieve sales worth  £85,000 within a period of one year; to open over 10 shops around the united kingdom within five years; to gain at least 3 percent share of the market within a period of seven years. In order to analyze the business environments, various business analysis tools such as SWOT, competitor analysis, industry analysis etc will be included in the paper. The focus of the coffee shop is on quality and price of the product. The main forms of advertising to be used include online advertising and brand advertising. Online advertising makes use of the internet to advertise the product. Mass media has not proved to be an effective method of advertising. Online advertising is used by most corporations because of its efficiency and cost effec tiveness. On the other hand, brand advertising entails gaining the confidence of the market about a particular product. Its aim is to manipulate demand for a particular product. Unique selling proposition will also be used to advertise the product. Unique selling proposition makes use of a unique ‘slogan’ for a particular product in order to differentiate it from the competitor’s product. The unique selling proposition for the coffee shop is â€Å"Quality and Service to Suit Your Tastes.†

Report BP Main content ONLY Assignment Example | Topics and Well Written Essays - 1500 words

Report BP Main content ONLY - Assignment Example BP was privatised in the 1980s. The United Kingdom (U.K.) and the United States (U.S.) have active and extensive stock and bond markets, and a primary purpose of financial reporting in both countries is to provide investors and creditors (i.e., suppliers of capital) with information useful for decision making. Generally accepted accounting principles (GAAP) in the U.K. and the U.S. are similar. (Deans, Bob and Peter, 2010, 56) For example, both U.K. and U.S. GAAP require providing for un-collectible accounts and depreciating fixed assets over their useful lives. Nevertheless, differences exist between U.S. GAAP and U.K. GAAP, in terms of accounting standards and financial statement format and terminology. BP uses historical cost accounting, but its income statement also reports replacement cost information about certain earnings components. BP uses the FIFO inventory valuation method. In the U.K., companies may not use the LIFO method for either tax purposes or financial reporting pu rposes. Because under LIFO the costs of the latest goods acquired are treated as the costs of the first goods sold, LIFO based cost of goods sold will approximate cost of goods sold computed on a current or replacement cost basis. ... f gross margin that reflects two components: (a) gross margin on a LIFO basis; and (b) any gains or losses realised over the period from when inventory was acquired until it was sold (referred to as holding gains/ losses or inventory profits/losses). Therefore, gross margin computed under LIFO generally will differ from gross margin computed under FIFO unless changes in inventory costs are small in amount or inventory turns over very rapidly, such that the oldest costs under FIFO approximate current costs. Following graphs describe BP's financial statements and accompanying notes. BP's financial statements, comparative balance sheets, income statements and statements of cash flows are given below. This will build on knowledge of the basic financial statements and of inventory valuation methods. SWOT Analysis on British Petroleum British Petroleum is given position of third largest energy company of the world. BP has its headquarter in the UK and it is as a multinational oil company w hich: Strengths Functions petrochemical businesses globally with the help of its set of connections of other brands and subsidiaries ( Like ARCO; ampm; Amoco and Burmah Castrol etc) Holds prominent position in local Stock Exchange and is included in FTSE 100 Index; Holds enormous amount of trade loyalty in the field of oil; Possesses well-organised management with a slogan of ‘Beyond Petroleum’ . Raised its profit up to 83% for record oil and gas prices. Weaknesses Launch of contentious commerce with the Baku-Tbilisi-Ceyhan pipeline; Rise of prices of petrol within the UK; Outburst of British Petroleum plant in Texas resulted in hundred injuries and fifteen deaths; During 2006, Immoral act of spread of 270.000 gallons of crude oil in the Alaskan tundra; Poisonous leak of methanol in the

Health Care - a Look into the Career Path of the Industry Essay

Health Care - a Look into the Career Path of the Industry - Essay Example Upon consideration on the extent of his responsibilities, Chris has discovered that the ground rules of the medical service are its ability to provide such under a sincere and qualified personnel who is expected to extend its full support over the patient and his family. At the same time, such responsibilities extend and uphold the interest of the company that works in collaboration with other insurance companies. Costs of services are then considered to be in conjunction with a pre-approved limit that carries an effective balance of duties and responsibilities. Similarly, certain conflicts arise when the balance is distorted and medical errors in the clinical institution attract a situation in stark comparison to the ethics and laws that the company stakeholders believed in while protecting their best interests. Conflict of laws certainly worked against the achievement of a certain purpose, especially where reduction results in decreased quality of service against a continuum of care provided for the patient. The question of, sacrificing and allowing cost to impede the quality of service provides as the main considerable conflict in the case. Superficially, we can identify the surface conflict within the principles of business ethics that Chris is tasked to investigate and create certain essential components and probable solutions within the scope of his study. It is a proven fact that the highly technical gadgets in the health industry costs formed a considerable amount of money as an investment. Stakeholders expect to maintain appropriate cost control factors against an affordable health program commonly available for all. Yet, every labour force knows the hardships encountered just to maintain a scenario that best creates a win-win solution for the patient and family and the health provider. It is but difficult to consider such factors especially when cost drivers associate the prescription drugs cost, current medical; device, government mandates an litigation and risk management and the future  of the health industry and its day-to-day operations.  

Runway And Terminal 6 Developments Engineering Essay

Runway And Terminal 6 Developments Engineering Essay The problem that I have decided to research and gather a greater understanding of, is the expansion of Heathrow. This is a greatly debated topic at the moment, and something that comes under scrutiney from numerous people and parties. If this work is successful it would show people that real issues surrounding the very controversial expansion, and the solutions that the expansion will solve, and the new ones that it will create. The problem I am looking at is the likely impacts of Heathrows 3rd runway and terminal 6 developments. I am going to be looking specifically at the environmental, economic and social problems caused by the possible expansion. For my research, I looked at recent news articles, websites and documents released by the government, and other organizations that look into developments like this. I think that the answer that I found with this research was that the airport should not be allowed to expand, however, Stansted airport should. The answer that I have come up with is potentially possible. Assess the likely impacts of Heathrows 3rd runway and Terminal 6 developments. On the 16th December 2003, the British Government announced its intentions for the future of air travel in the UK. This included the 3rd runway at Heathrow, as well as the 6th Terminal. There has been considerable opposition to this development, especially from Environmental Groups, such as Greenpeace. This essay will assess the likely environmental, social and economic impacts of having the third runway, and whether some of the current imapcts of the airport will be resolved. Heathrow is the UKs biggest and busiest airport. It is also one of the busiest airports in the world. It is located in the Hillingdon Borough of London. The airport is about 14 miles west of Central London. The airport has very good access with two main roads near it, these being the M4 and the M5.  [1]   From the maps, we can see the airport is located to the west of the city. As the airport has East-West runways, there are tighter operating restrictions on when planes can arrive and depart. Most of the major European airports, such as Amsterdam and Charles-de-Gaulle, are located North of South of their respective cities. Amsterdam has runways in 5 different directions, meaning that planes can arrive and depart at most times of the day without disturbing anybody. Charles-de-Gaulle has East-West runways, but can operate more freely as there is no city in its way. These airports do not run the risk of arrivals and departures over peoples house at unsociable times. Heathrow has to clamp down its operations during the night so as not to disturb nearby residents. Heathrow is operating at about 99% capacity, while Amsterdam and Charles-de-Gaulle are operating at about 70% capacity. As both these airports have at least double the current number of runways at Heathrow, they are airports that could start taking business away from Heathrow and the UK.  [2]   The government issued some strict policies for the 3rd runway. Firstly, the third runway will operate at half its capacity when it opens, (scheduled in 2020), raising the total number of flights at Heathrow from 480,000 to 600,000 rather than the 702,000 that was inteded. Secondly, the total carbon emissions from UK aviation must fall below 2005 levels by 2050. And finally, aircraft using the third runway will have to meet strict greenhouse gas emissions standards. This is the toughest climate challenge for aviation in any country in the world.  [3]   There are numerous impacts that the 3rd runway and the Terminal 6 developments could have. I have broken these down into environmental, economical and sociable reasons. The environment could be hit hard by the 3rd runway and Terminal 6 developments. Firstly, surface runoff will be increased. Surface runoff occurs when the ground cannot soak up any more water, and the excess water ends up flowing across the top of the ground. At Heathrow, this problem will be escalated by the high amount of impenetrable surfaces, such as concrete and tarmac. This extra surface runoff could cause flooding, or depending on where it is directed (if at all), it could make the drainage system fill with silt. Flooding could then become a bigger problem, or, depending on the drainage system type, erosion could occur. The erosion would be more noticeable on a natural drain, such as a river or stream. Airports use large amounts of aviation fuel and, in the winter, large amounts of de-icing fluid. This, if ending up on the ground, could get into a water source, and start contaminating water. A problem noticed at airports other than Heathrow, such as airports in countries with a colder climate and that are more prone to snow and icy conditions, would be fluids ending up in the snow. They are not visible to the naked eye, but when the snow starts melting, they become a big problem, as they usually enter a water source through surface runoff. For Heathrows latest terminal building (Terminal 5), they have designed a SWOT system. SWOT stands for storm water outfall tunnel. All surface runoff water is pumped into a specially built reservoir, 2 kms away from the airport. Before the water is allowed into the reservoir, it is thoroughly cleaned. The system is helping to reduce the environmental impact of the airport as well. Some of the cleaned water is pumped back to Terminal 5 and used in the heating system and in toilet flushing.  [4]   The lack of vegetation will mean that there is more soil infiltration taking place. Water will be absorbed quicker into the soil, which means that it will become more saturated in a smaller amount of time. This means that surface runoff may be a bigger problem at the airport when it rains. The extra runway and terminal will cause lots of extra congestion around London. This is enhanced by the airports location on the M4, and very close to the M4/M25 intersection. Any accidents in and around the airport will have a knock on effect on the surrounding roads. If people are sitting in queues, then they are using fuel without moving anywhere. The increased passenger numbers through the airport will increase pollution from cars as people will have to get to the airport. Planes will still leave the airport at their scheduled time, whether passengers are onboard or not. This means that planes are still polluting the atmosphere, but with less people on board, and the people that are not on board, are still polluting the atmosphere by being in queues. After the construction phase of the airport, any habitats that have not already been destroyed will be severely affected. The surface runoff could temporarily destroy habitats. A lack of wildlife in the area would look bad on the airport, as airports try to encourage some sort of wildlife into the area. However, birds and planes do not mix very well, as was proved on 15th January 2009, with the River Hudson plane crash.  [5]  The airport would have a lack of vegetation around it, apart from grass, and a lack of vegetation reduces humidity. A lack of humidity may cause animals to leave the area. Figure Noise pollution will become another major issue. The animals around the airport eventually get used to the noise. Humans living around the airport have to get used to the sound of the airport, but they are never satisfied, despite the lower and lower noise regulations. Figure 1 shows the current (2008) noise levels (in decibels) around the airport.  [6]   Figure 2 Figure 2 shows the predicted noise levels in 2030, again measured in decibels. As you can see, the 57 decibel mark has moved much closer to the airport. This is due to planes becoming more powerful, and quieter. This means that they can climb higher out of the built up areas. When the plane is higher, the sound of the ground is reduced, and something that is good for the environment would be that the higher a plane goes, generally, the less fuel that is uses.  [7]   Figure 3Figure 3 shows the 57 decibel mark around the airport in 2030. This map has the added feature of showing the average daily usage of each projected departure route. The 3rd runway predicted departure routes do not merge with the existing runway depature routes, this could be due to the runway only serving short haul destinations.  [8]   Figure 4The use of bigger planes, such as the Airbus A380 will help the surrounding area. This plane can carry up to 800 people, with a 1000 people varient on the way. Encouraging the use of larger aircraft could be one way that Heathrow reduces its damaging effects on the environment. At the moment, Heathrow is cutting back on noise levels. However, this has been done by not letting older planes use the airport. The effects of the noise levels being cut down are slowing, however, as there are a very limited number of older planes that use the airport. Night flights have also been reduced, and there are only a number of planes that are allowed to land at night, due to noise restrictions. http://newsimg.bbc.co.uk/media/images/44365000/gif/_44365809_heathrow_flight_paths416.gif Figure 4 shows the holding stacks used by Heathrow. These are currently situated at Bovingdon, Lambourne, Ockham and Biggin. The holding stacks are used to hold planes while they wait in line for their landing slot. With a 3rd runway only to be used for short haul flights, and at half capacity (initially), the airport could make use of the runway to get planes on the ground quicker. This means that planes are flying for less time, saving fuel and reducing pollution. This will obviously help the environment. At the end of a long haul flight, the aircraft weighs about the same as a plane that is about to start a short haul flight. As landing distances are always shorter than take off distances, the 3rd runway could be used to help get planes on the ground. It should be pointed out that the diagram is for the current two runway layout that the airport already possesses. This does not take into account any holding stacks that could be made by the new runway, or holding stacks that have to be moved or made nonexistent for the future. The airport could end up with its own microclimate due to the darker surfaces absorbing heat and releasing it slowly throughout the day. This could make the temperatures at the airport 1-2 °C warmer. As the air is warmer, it will be able to hold more moisture. Warm air rises until it reaches the dew point, and then it will start to form clouds. The clouds will eventually release the moisture as rain. The airport could be wetter by between 5 and 10%. The pollution around the airport will increase the effect of the clouds, as raindrops form around pollution. At the airport, there would be lots of pollution, and so lots of rain will be forming here. There will be less humidity around the airport (as mentioned earlier, due to the lack of vegetation). Even though there will be more rain, the airport will be hotter, so the moisture will be evaporated quicker. And as the prevailing wind direction is from the west, the clouds and rain could be moved over the main city of London. In microclimates, sometimes the wind is altered. At Heathrow, it depends on where you are, as to how the wind has been altered. The prevailing wind direction is from the west (heading east). A lot of the buildings at the airport are North-South facing (even more so when Terminal East is built), and so you will be protected from the wind more when you are between these buildings. There are going to be numerous social impacts of the airport being expanded. The residents of the area that Heathrow most directly affects (West London) are going to have noticeable impacts on their day to day life if/when the third runway are built. Firstly, the airport will be busier, meaning that the noise from the airport will start earlier, and may also be louder. The airport has a policy that no planes should land before 5 am, unless it is an emergency, however, British Airways have a flight from Honk Kong that lands at 4:30 am every morning.  [9]  This disrupts residents, and as a result, many suffer from lack of sleep. The sound from the planes taking off is heard all day long. Even in the areas that are not classed as noise affected, the plane noise is very loud, and pretty much constant. Residents complain that after one plane has gone out of ear shot, another plane enters, and the cycle starts all over again. Some residents health is going to be affected by the airport expansion, mainly because air pollution will increase. Asthma in young children is severely affected by air pollution. Apparently, Heathrow already breaks the EU regulations on nitrous oxide. Even more flights would mean that the levels of this gas would be greater than ever before. A lot of efforts to make airport noise quieter normally mean that more nitrous oxide is produced. Sipson, a village near the airport would have to be cleared for this 3rd runway. The village would lose about 700 homes, a church and eight grade II listed buildings and graveyard would have to be bulldozed to make way for the new transport links. The noise levels from the airport would be greater as there would be more flights. BAA has said that the noise levels would not exceed 2002 noise levels. However, in 2002, Concorde was still operational. The noise from just one Concorde flight every 4 hours is the equivalent of 120 flights, one every two minutes, spread of the same time period. Also, with the noise pollution, the diagram on page 3, showing the 57 decibel mark is a true diagram. However, noise annoyance does start at around 50 decibels. There are only 258,000 people living within the 57 decibel mark region, but there are over 2 million people living in the 50 decibel area.  [10]   Lastly, there are going to be economical impacts to do with the expansion. The government have outlined some figures on what the runway will bring to the economy, and what it will cost the economy. The figures are shown below: Generated user benefit + £9 Billion Producer benefit + £5 Billion Government revenue + £3 Billion Climate costs - £4.8 Billion Building costs - £6.8-7.6 Billion Tourism An undecided positive amount Other costs/benifits - £0.3 Billion Total net economic benefit + £5.1-5.9 Billion The terms in the above table are defined as: The Generated user benefits are the economic benefits to future passengers who will be taking a flight in the future, when flying is cheaper. The flying will be cheaper, as the more capacity an airport has, the cheaper the flights. The Producer Benefit and Government Revenue figures are benefits due to the extra revenue that the airports operators gain and the greater tax revenue the government gets, due to greater passenger numbers. Climate costs are an estimation of the cost of the damage caused by the additional emissions from the extra aircraft using Heathrow. Building costs are the estimated building costs of building the 3rd runway, and the extra infrastructure that it needs. Other costs and benefits are estimations of the damage caused by the extra noise pollution, and other costs that may not be documented. Tourism costs are a figure that is harder to define, mainly because the extra runway could be used in two ways. Tourists could come to the UK and boost the economy over he re, or people from Britain could be going abroad on holiday, meaning they boost the economy of other countries.  [11]   Figures of about  £30 Billion over 60 years have been forecasted, however, the initial figure has been released of around  £5.5 Billion over 60 years. BAA (the airport owner) has said that the runway could be worth as much as  £7 Billion a year. This is due to the current economic climate and the growth of air travel at the moment. When we come out of the recession, this figure will no doubt be massively increased. The extra money that would be created due to the runway would not be directly associated with the airport. The runway would create extra jobs, and mean that London becomes an even bigger international business location. The 6th Terminal has not been mentioned in these prices, but more jobs would be created in the process of this terminal being built, and being made operational. The airport would have to employ more staff to keep the Terminal functioning properly. The runway would manage to reduce delays and increase the frequency of flights. This means that people could be more productive (especially business people) as they would not be travelling for as long to foreign destinations. The average cost of a minute delay in a plane is  £23.40 (In 2005 prices). Taking into account the average plane delay time at Heathrow in 2005 and the cost of a delay, the total cost of delays to all the airlines operating at Heathrow was estimated to be more than  £185 million. The 3rd runway should help to reduce delays, meaning that money is not going to be spent on delayed planes. It should be mentioned here, that not all flights are delayed due to airport capacity. Sometimes passengers do not turn up for their flights, and their luggage needs to be unloaded, adding to the departure time, and effectively delaying planes. The weather can also mean that planes are delayed. Sometimes, airports are closed due to the weather. However, Heathrow airport is rar ely closed due to the weather. Destinations within the UK would be more easily accessible as well. The new runway and Terminal may allow extra destinations to be reached by the airport, reducing the need for transfers at airports outside of the UK. The delays in the runway being built are losing the UK economy an estimated  £900 million to  £1.1 billion each year.  [12]  This is a serious amount of money, and in the current economic climate (3rd quarter of 2009), could be money that would really help to boost the economy within the UK. This money would mostly be spent on jobs and tax meaning that many unemployed people in London and the surrounding area would find direct employment with the airport, and people further afield would be able to find jobs to do with the airport, but not necessarily at the airport. There are other alternatives to expanding the airport. These would eradicate the problems associated with the current site of the airport, and they would also enable the UK to increase its airport capacity. The new sites that have been considered include an airport in the Thames Estuary, Maplin sands, near Southend-on-sea in Essex and expanding Stansted. The planning and evaluation stage of Maplin sands didnt get going as there was a lack of public money for this project. Expanding Stansted airport has been another option that has been deeply explored. If Stansted had two runways, then it would have a higher passenger capacity per year than Heathrow does. Also, it would be able to have flights going during more hours of the day than Heathrow does, due to the operating restrictions surrounding each individual airport. There are plans for Stansted to have up to 4 runways, considerably increasing its passenger capacity, and making it the busiest airport in the world. The airport in the Thames Estuary would have virtually all its flights leaving over the North Sea, meaning that noise pollution would not affect anybody and the airports actions would have minimal impact on people if the airport was built in the estuary. Since the 1960s, 13 major cities have moved their main airports from inside the cities to the outskirts of the cities. These include Paris, Milan and New York. The most recent and noticeable airport move would be Hong Kong International airport. The government spent 6 years and $20 Billion on construction of an artificial island for the airport, building the new airport, and linking the airport to the city with a high speed bullet train. The main reasons for not moving Heathrow would be the money issues. The expansion has already had  £65 million spent on it, and the spending has to come to a stop. This is because the Labour party are the only party that are pushing forward for the expansion and there is not much point spending any more money if the airport will not be allowed to expand under a new government. If the government decide to move the airport, building the 6th terminal and 3rd runway would have been a waste of time and money. In conclusion, therefore, the Heathrow expansion does have numerous problems surrounding it. Some problems that the current airport has are solved, but these solutions mean that more problems will be caused. Some of the solutions for the airport as a whole are very promising, such as building a new airport, or expanding Stansted. However, these will inevitably bring new problems. In my opinion, the airport should not be closed down, nor should it be expanded. They should simply finish building the current Terminal East, and leave the airport as it is. Stansted should then be expanded and some of Heathrows daily flights moved there. Heathrow airport would then be able to carry on as it was, without having any extra problems created. As BAA own Stansted anyway, they would still be getting a greater income, but without having to expand Heathrow. There are lots of questions surrounding the expansion of Heathrow airport, and in my opinion, I do not think that the expansion should go ahead . The problems that it would solve would not counteract the problems that would be created.

Bouncers is regarded as Godbers finest work. :: English Literature

Bouncers is regarded as Godbers finest work. As a political play, we see Bouncers as being successful in being published during the time drinking was a British culture., where it was done so much. Obviously, like nowadays, the government wanted to show that was a big problem. Godbers comedy in the play shows a much more funny side to the subject whilst also showing the typical ways of what the young people during that time did. He shows the funny side of the way in which young people act whilst also showing a more serious subject in suggesting that drink is changing the nation. We see it in all of the characters. For example, the lads were talking amongst themselves very nicely before they go, however, once they leave, a fight breaks out in the club when they have had a little too much to drink. This is typical of the time and many people were actually getting killed because of serious over drinking or getting run over etc. Not enough was being done by the government at the time to somehow stop what was a huge problem in Britain. At the time, people were being influenced by the music of the day such as the Rolling Stones and the Beatles. Those bands were really considered as the turning point in the British way of thinking and many blamed them for how Britain has changed in the last 50 years. The time at which Godber wrote the play makes me think even more into this idea of Godber wanting to underline the drinking culture of Britain. After all, it was not just drinking that he wanted to make people understand. There are many other subjects that branch off from being drunk like hooliganism in football, which was as serious for Godber back then as it is for us today. Teenage pregnancies are another one. When drinking is linked with subjects such as this, it makes the subject even more important and interesting. My Personal Response to the task This play...I feel would be more acceptable for people in year 10 and above. As it does have mild swearing and actions that should be censored to 13 years and below. It might not appeal to them either as it contrasts the English way of life when you are in your adult hood. The things older people would find amusing would probably be confusing for a younger audience, so it would actually appeal to 14 years and above as there would be more of an understanding. Parents may not even agree to their children viewing this play, and it would probably be

The Warhead Cable Test Dilemma

Question 1 According to Kohlberg's moral development theory, Stanton Wong moral development should be at post-conventional level, where it is believed that caring for other is everyone's obligation. It is because he is concerning with the well being of the innocent civilians and the military personnel if a faulty missile misfired. Beside that, he also thinking a method of solving the problem so that everyone is cared for equally and nobody will harmed by the faulty cable. For Harry Jackson, he stage of moral development is at the pre-conventional level. At this level, self-interest is emphasized and values are adhered to in order to avoid punishment and also be rewarded. It can be proved by his intentionally to ignore the result of the product test and do not take action to correct the problem. It is because he does not think of the well being of the civilians and military personnel because he more worries about getting punishment from higher up if the warhead cable cant be deliver on time to the customer. From here we can see that he emphasis on his self-interest more than the values of other people. Question 2 I think Stanton Wong should report the test result to the customer's source inspector, Jane Conway first and ask Jane to perform additional sample testing. I think it can help to convince Harry Jackson to stop the cable for shipping out for the customer if Jane found out there is a problem occurred on the cable. If Harry still refuse to solve the problem, then Stanton should report the case to the top management who have the power to change Harry's decision. One of the ethical reasoning is logic, it means before we can conclude or make a judgement , we have to ensure that premise, either factual or inferred, are know and clear. In this case, I think it is logical for Stanton to report the problem to authorities if the faulty items could harm innocence and also because he cares about the civilians and armed forces. Accuracy is one of the ethical reasoning, it means whatever evidence cited to support our judgement should be accurate, relevant, and complete. So, before he reports to top management, he should ask the source inspector to run additional test to ensure the previous test result is accurate and certainly. The other criteria of ethical reasoning is consistency. It states whatever decision a person made or action taken should consistent with his or her moral values. Thus, Stanton should makes a decision that does not contrary with his moral values. Question 3 Currently, I think he should not be a whistle-blower. Because there are several methods to solve this problem internally,such as informing the problem to top management and thus he should not involve public media in solving this problem. Beside that, he should considers his role as an employee. As a employee, his role is creating values for the company or help the company the achieve its goals. If he blows the whistle on his own company, it will defame the company plus he might get fired or distrust by his colleagues. At the meantime, it might consider unethical to be a whistle-blower because it doesn't bring any positive values for company and may against the conducts as an employee. In addition, the effect may cause to the company if the scandal concern a company leak out is always out of estimation, so he should not risk his career and the fame of his company since there are other methods can be use to solve this problem. Question 4 The company already have the protocol in testing and reporting of product tests. The company could heavily punish those who do not follow the protocol to avoid this kind of situation. In additional, the company should be careful when hiring the plant manager. They should hire someone with good moral values such as honesty and sincerity. Beside that, they should make sure the plant manager is open-minded, and with good interpersonal or people management skills. It can help to prevent this kind of situation because a open-minded manager able to listen to advices or opinions and making wise decision based on evidences. Beside that, a manager with good interpersonal or people management skills could enhance the performance of the employees and this increase the quality of the product. Furthermore, I think the company can give the quality control supervisor the power to stop or adjust the production if product failure occurred. It is often costly to reproduce the product when it was finished. Thus, the company should allow the quality control supervisor to find out and solve the problem instantly without waiting further instruction from plant manager.

Summary To Preface To The Lyrical Ballads Essay Example

Summary To Preface To The Lyrical Ballads Essay Example Summary To Preface To The Lyrical Ballads Paper Summary To Preface To The Lyrical Ballads Paper In his Preface to the 1798 edition of the Lyrical Ballads, Wordsworth presented his poetic manifesto, indicating the extent to which he saw his poetry, and that of Coleridge, as breaking away from the artificiality, triviality or over-elaborate and contrived quality of eighteenth-century poetry. The Preface is itself a masterpiece of English prose, exemplary in its lucid yet passionate defense of a literary style that could be popular without compromising artistic and poetic standards. Yet it is also vital for helping us to understand what Wordsworth and Coleridge were attempting in their collection of verse, and also provides us with a means of assessing how successfully the poems themselves live up to the standards outlined in the Preface. The Preface covers a number of issues and is wide-ranging in its survey of the place of the Lyrical Ballads on the contemporary literary scene. The topics covered include the following: 1. The Principal object of the poems. Wordsworth, in this extract, places the emphasis on the attempt to deal with natural (rather than cosmopolitan) man, arguing that such men live much closer to nature and, therefore, are closer to the well-springs of human nature. Behind this, we can see how much Wordsworth owes to that eighteenth-century preoccupation with natural Man, associated particularly with the writings of Rousseau. He sees his poetry, in its concerns with the lives of men such as Michael, as an antidote to the artificial portraits of Man presented in eighteenth-century poetry. The argument is developed when he outlines his reasons for dealing with humble and rustic life. 2. For Wordsworth (and Coleridge) this choice of subject matter necessarily involves a rethinking of the Language of poetry. Note, however, that Wordsworth admits to some license in tidying up the language of ordinary men. Does this affect the persuasiveness of his theories about natural men? 3. This leads Wordsworth to an attempt to define poetry and its effects on the reader. Wordsworths project is an idealistic one, and clearly Poetry, for him, has a vital role in educating the mind and sensibility of his readers, a moral purpose. This quotation illustrates how important this benevolent effect is for the reader. 4. Inevitably, perhaps, the above leads Wordsworth towards asking What is a Poet? His answer illustrates the underlying assumptions about the poet as the genius, as the special person, capable of re-articulating thought and feeling so as to educate the reader. Glossary Object The principle object, then proposed in these poems was to choose incidents and situations from common life, and to relate and describe them, throughout, as far as possible in a selection of language really used by men, and , at the same time, to throw over them a certain colouring of imagination, whereby ordinary things should be presented to the mind in an usual aspect; and, further,, and above all, to make these situations and incidents interesting by tracing in them, truly though not ostentatiously, the primary laws of our nature: chiefly as regards the manner in which we associate ideas in a state of excitement. Humble and rustic life Humble and rustic life was generally chosen, because in that condition, the essential passions of the heart find a better soil in which they can attain their maturity, are less under restraint, and speak a plainer and more emphatic language; because in that condition of life, our elementary feelings co-exist in a state of greater simplicity, and consequently, may be more accurately contemplated, and more forcibly communicated; because the manners of rural life germinate from these elementary feelings, and, from the necessary character of rural occupations, are more easily comprehended, and are more durable; and lastly, because in that condition the passions of men are incorporated with the beautiful and permanent forms of nature. Language The language, too, of these men has been adopted (purified indeed from what appear to be its real defects, from all lasting and rational causes of dislike and disgust) because such men hourly communicate with the best objects from which with the best part of language is originally derived; and because, from their rank in society and the sameness and narrow circle of their intercourse, being less under the influence of social variety, they convey their feelings and notions in simple and unelaborated expressions. Accordingly, such a language, arising out of the repeated experience and regular feelings is a more permanent, and a far more philosophical language, than that which is frequently substituted for it by Poets, who think that they are conferring honor upon themselves and their art, in proportion as they separate themselves from the sympathies of men, and indulge in arbitrary and capricious habits of expression, in order to furnish food for fickle appetites, of their own creation . Definition of poetry For all good poetry is the spontaneous overflow of powerful feeling: and though this be true, Poems to which any value can be attached were never produced on any variety of subjects but by a man who, being possessed of more than usual organic sensibility, had also thought long and deeply. For our continued influxes of feeling are modified and directed by our thoughts, which are indeed the representative of all our past feelings; and, as by contemplating the relation of these general representatives to each other, we discover what is really important to men, so by the repetition and continuance of this act, our feelings will be connected with important subjects, till at length, if we be originally possessed of such sensibility, such habits of mind will be produced, that by obeying blindly and mechanically the impulses of these habits, we shall describe objects, and utter sentiments of such a nature, and in such connection with each other, that the understanding of the Reader must nece ssarily be in some degree enlightened, and his affections strengthened and purified. What is a Poet? He is a man speaking to men: a man, it is true, endowed with more lively sensibility, more enthusiasm and tenderness, who has a greater knowledge of human nature, and a more comprehensive soul, than one supposed to be common among mankind; a man pleased with his own passions and volitions, and who rejoices more than other men in the spirit of life that is in him; delighting to contemplate similar volitions and passions as manifested in the goings-on of the Universe, and habitually compelled to create them where he does not find them. To these qualities he has added a disposition to be affected more than other men by absent things as if they were present; an ability of conjuring up in himself passions, which are indeed far from being those produced by real events yet (especially in those parts of the general sympathy which are pleasing and delightful) do more nearly remember the passions produced by real events, than anything which, from the motions of their own minds merely, other men are accustomed to feel in themselves:- whence, and from practice, he has acquired a greater readiness and power in expressing what he thinks and feels, and especially those thoughts and feelings which, by his own choice, or from the structure of his own mind, arise in him without immediate external excitement.

Free Essays on Chinas One Child Policy

An Exploration of China’s One Child Policy As early as the Han Dynasty in 200 AD, China had a population of 60 million, which was approximately one-fourth of the world’s population at that time. Throughout the next 1000 years the population remained stagnant. Rapid increases in the population occurred between 1749 and 1811 during the Qing dynasty when its population doubled from 177,495,000 to 358,610,000(Knapp). Over the next century China’s growth pattern slowed down drastically due to the effects of the Taiping Rebellion. Due to this event population growth continued to be inactive until the mid-twentieth century. In 1953 China had its first modern census which revealed that its population was 528,600,000. A second census, taken in 1964, showed an increase to 694,580,000, and a third, in 1982, revealed a population of 1,008,180,000, making China the first nation ever to pass the billion mark. In the next 17 years it increased to 1,252,800,000 people in 1999. Between 1953 and 1964 death rates began to fall as birth rates remained high. Following this combination China experienced, ironically named, the Great Leap Forward where they experienced a tragic famine that led to as many as 20,000,000 deaths due to a collapse in agriculture production and food shortages. The ideal Chinese household is heavily influenced by Confucian ideology, which instills the virtue of a five generation family. These families are said to consist of as many male generations as possible. â€Å"According to Confucian belief, one of the three grave acts is to fail to have a son, and in pre-revolutionary times this was grounds for a man to divorce his wife† (Short et al.). In the mid 1970’s there was sufficient evidence that showed that there needs to be some attempts to hinder the rate of population increases throughout the country. In 1979 the Chinese government decided to take strict action on regulating its over populated country. In... Free Essays on China's One Child Policy Free Essays on China's One Child Policy An Exploration of China’s One Child Policy As early as the Han Dynasty in 200 AD, China had a population of 60 million, which was approximately one-fourth of the world’s population at that time. Throughout the next 1000 years the population remained stagnant. Rapid increases in the population occurred between 1749 and 1811 during the Qing dynasty when its population doubled from 177,495,000 to 358,610,000(Knapp). Over the next century China’s growth pattern slowed down drastically due to the effects of the Taiping Rebellion. Due to this event population growth continued to be inactive until the mid-twentieth century. In 1953 China had its first modern census which revealed that its population was 528,600,000. A second census, taken in 1964, showed an increase to 694,580,000, and a third, in 1982, revealed a population of 1,008,180,000, making China the first nation ever to pass the billion mark. In the next 17 years it increased to 1,252,800,000 people in 1999. Between 1953 and 1964 death rates began to fall as birth rates remained high. Following this combination China experienced, ironically named, the Great Leap Forward where they experienced a tragic famine that led to as many as 20,000,000 deaths due to a collapse in agriculture production and food shortages. The ideal Chinese household is heavily influenced by Confucian ideology, which instills the virtue of a five generation family. These families are said to consist of as many male generations as possible. â€Å"According to Confucian belief, one of the three grave acts is to fail to have a son, and in pre-revolutionary times this was grounds for a man to divorce his wife† (Short et al.). In the mid 1970’s there was sufficient evidence that showed that there needs to be some attempts to hinder the rate of population increases throughout the country. In 1979 the Chinese government decided to take strict action on regulating its over populated country. In...

Analysis paper Essay Example | Topics and Well Written Essays - 500 words - 11

Analysis paper - Essay Example Consequently, in the pursuit to deal with defraud, there was the need for the consumer protection agency. In addition, improved product warranties were also a necessity at this time. Closely associated with the issue of products warrant improvement was ensuring that there was no fault insurance. Besides the major changes that were being advocated for seeking to protect the consumer, there were other fundamental but rather minor changes that were to be addressed. Meat inspection was needed to ensure that people consumed safe food. Truth in lending, as well as packaging, was to be ensured as part of a means to ensure consumer protection. Auto safety and improvement of the workers’ living standards were also to be addressed by the consumer protection agency. Unions’ commitment to the notion of organization was a means of getting to power. Activities associated with the commitments of the unions such as their important roles that they played in the government legislation as well as protection of workers were a strategic route to power. Well, this strategy was a success and it favored most of the candidates who championed for the consumerism agenda in his/her manifesto such as President Kennedy, Johnson and Nixon (Cohen 352). Thus, consumer politics, which include more such as the socialism, cooperatives, self-sufficiency, anti-consumption as well among others, are associated with political success (Cohen 359). As much as the unions had self-centered interests of power, they contributed substantially to ensuring that consumers were provided with safe and quality products. Thus, children could no longer be fed on low nutrition foods or play with poor quality toys. There was more integrity in the labor market as well as with the processing of genuine products. Transparency was enhanced which could be seen in the truth in labeling and packaging (Cohen 352). The obvious tenacity that was profoundly

Research paper Essay Example | Topics and Well Written Essays - 1500 words - 6

Research paper - Essay Example Also, it is revealed that the support of the state to the relevant initiatives is not at the level required; the private sector has the key role in promoting schemes that can help to increase pedestrian safety but the necessary resources are often difficult to be retrieved. Thus, the effective cooperation between the state and the private sector is a key requirement for ensuring that pedestrians in cities will be safe no matter their financial or social status. According to a recent study, the number of pedestrians who lost their live because of their involvement in road accidents in USA in 2010 reached the 4,280 people, a number which is rather high if considering the development of technology and legislation related to road travel in USA (CDC 2013). On the other hand, the number of pedestrians who were killed in road accidents in 2001 has been higher compared to that of 2010 (Figure 1). Indeed, in 2001 in total 4,901 pedestrians lost their live after being involved in a road accident (Figure 1); by 2010 this number has been decreased at 4,280 (Figure 1). Also, it seems that the decrease of this figure has been continuous between 2001 and 2010 (Figure 1) a fact that implies the effectiveness of the initiative undertaken by the state and by the private sector in regard to this problem. It should be noted that age does not seem to be a critical factor in regard to the exposure of pedestrians to accidents: among the people mentioned above, i.e. the 4,280 people, only 19% have been found to be over 65 (CDC 2013). Children seem to be exposed to such risks at similar level: about 20% of the pedestrians who were killed in 2010 have been children (CDC 2013). On the other hand, it seems that there are certain factors that can increase the chances for road accident in which pedestrians are involved: for example, alcohol abuse has been found to be a key cause for fatal road accidents, at a