Sunday, May 31, 2020

UVA McIntire Receives STEM Designation

UVA McIntire Receives STEM Designation by: Talyn Riedesel on January 21, 2019 | 0 Comments Comments 403 Views January 21, 2019UVA McIntire Grads. Courtesy photoDoing the right thing will always result in the right outcomes. That’s the philosophy that guides the curriculum team at the University of Virginia’s McIntire School of Commerce  Ã¢â‚¬â€ and it’s paying off. Three of the school’s programs, the B.S. in Commerce, M.S. in Commerce, and M.S. in the Management of Information Technology (M.S. in MIT), will officially receive STEM designations this spring semester. To the team behind this accomplishment, it wasn’t about changing curriculums, but about gaining recognition for their already STEM-heavy classes. A DECADE-LONG TRANSFORMATIONAccording to  Trey Maxham, McIntire’s Associate Dean for Graduate Programs, the two-year designation process was quite the adventure.  But the achievement wouldn’t have been possible without a turning point in curriculum in 2009. Ten years ago, Maxwell and his team set upon the question: how do we provide the right skills for our students so they get the best outcomes? They turned to the school’s corporate partners, recruiters, and alumni for answers. What abilities were they seeking in employees? What skills did alumni wish they had now? Across all groups the same emphasis on technical, analytical, and quantitative skills rose to the surface. This led the school to reframe its curriculum and bring on more professors adept in these areas. It didn’t take long before churning out students highly proficient in these skills became McIntire’s trademark. WHERE IT ALL STEMs FROMLuckily for McIntire, technical, analytical, and quantitative skills are all major wheelhouses of a STEM education, an acronym that stands for science, technology, engineering, and math. â€Å"I was exploring STEM-designated degrees and came to the realization that we were offering similar classes with similar rigor in similar fields,† Maxham tells PoetsQuants for Undergrads. â€Å"From there it became my goal to learn as much as I could about the process to achieving this designation.†The first big step for Maxham was figuring out who he needed to impress. It turned out that each state in the U.S. differs on how to determine eligibility. To earn the designation in Virginia, it meant Maxham had to learn the CIP code system and create program proposals for the state’s university governing body to review. â€Å"In each proposal we had to do an analysis of each class, across every program, to see what coursework fell into the STEM designation requirements,† explains Maxham. While perfecting the proposals to the state’s liking took over a year, the effort was well worth it. The school is now among the first, if not the first, non-specialized undergraduate business degree and masters in management program to receive the STEM desig nation. â€Å"A significant orientation toward technical, analytical, and quantitative skill development is a longstanding hallmark of all our curricula, and these STEM designations are a reflection of our strategic focus,† says Carl Zeithaml, Dean of the McIntire School of Commerce. ATTRACTING TALENT NEAR AND FARThese designations couldn’t come at a better time. Amazon recently announced that one half of their second headquarters will be built in Arlington, Virginia, only two hours from Charlottesville, where UVA is located. Offering STEM programs will further McIntire’s ambitions to recruit the best of the best. â€Å"If you look at what Amazon needs for their workforce, they want people who have the analytical and technical skills, the skills we’re teaching in these programs,† says Zeithaml. This designation will also likely attract more eyes from international students. Students with F-1 visa status enrolled in STEM-designated programs have the ability to live in the U.S. longer following graduation. They are also eligible to apply for a 24-month extension for optional practical training (OPT). Typically, international students can only apply for 12 months. â€Å"This opportunity sends a signal to the top international students that your job opportunities will be enhanced if you go here [McIntire],† informs Zeithaml. â€Å"It also sends a message that we care and value their contribution.†The news was posted on McIntire’s WeChat account from the China-based office and it received over 1,000 hits in only a few days. â€Å"That indicates that people, not only from China, but from all over the world, will pay attention to this news and see the opportunity in this,† Zeithaml points out. STEM TODAY, WHERE TOMORROW?The McIntire team isn’t done yet. They still have several proposals for other programs being examined by the state — and eyes set on the future. â€Å"It never stops. Weâ₠¬â„¢re thankful to get this today, but who knows what the landscape will look like going ahead,† states Maxham. â€Å"If we rely on our students, alumni and community members for guidance, we’ll continue to unveil future important topics and be a leader.†DONT MISS: B-SCHOOL OF THE YEAR: VIRGINIAS MCINTIRE SCHOOL OF COMMERCE Page 1 of 11

Saturday, May 16, 2020

Social Programs for the Elderly - 1696 Words

Prior to 1935 there were no social programs in America for the elderly, and those that were not able to work. Those who were unable to work relied on friends and family or local charity for help. (Quadagno, 2014) pg 95. During the Depression in the 1930’s, banks failed and many people lost their savings and retirement money. Many older workers especially were let go from their jobs and unemployment among people over 45 years was high. Unemployment was about 25 percent for all workers and 37% for all non-farm workers. (Smiley, 2008). President Franklin D. Roosevelt saw a need for a national system to help the elderly and disabled. He created a Committee of Economic Security. This committee was assigned to study this need in more detail. In, January 1935 a report was sent to Roosevelt outlining a program which became the Social Security Act. The Social Security Act was sent to Congress and was passed in to law on August 14, 1935. (King T, 2006) This new law would provide a mon thly benefit or payment to people over the age of 65 and who were no longer working. The benefit would be paid when workers retired. The money would be collected from a person through a â€Å"payroll deduction†; so the amount a person would receive at retirement would be bases on the amount that had been collected throughout the years. The payroll deduction was 2% combined between the employee and employer. (Anders Hulse, 2006). The Social Security Act also would provide unemployment insurance, aid toShow MoreRelatedShould The United States Raise The Age For Social Security1616 Words   |  7 Pagesthe Age for Social Security Payouts? Currently, the United States is contemplating at a forthcoming Social Security crisis. If changes are not forged, the Social Security system will not be able to keep up with the demanded payouts and is estimated to empty the trust fund around the year 2037. In this paper I will review a brief history of the Social Security program, touch upon the eligibility requirements, discuss what economists believe about the future of the Social Security Program, and finallyRead MoreThe Increase Life Expectancy Has Created A Larger Population Of The Elderly972 Words   |  4 Pageslife expectancy has created a larger population of the elderly, which is a significant demographic change that the U.S. has begun to experience. It is projected that the increase in the life expectancy will continue to impact the amplified growth of the elderly population in the future. The increased elderly population, has created a need for the U.S. to implement policies that support and meet the developing number o f diverse needs the elderly population will require in order to age well. The lifeRead MorePublic Policy and Stakeholders840 Words   |  3 PagesStakeholders have an imperative role in public policy. They hold an interest in how a program is operating (266). They do not just apply to corporate America, but various places that people think of. They are present almost everywhere and everyone is stakeholder, whether it is a job, a school or in the government. A school could be a considered a program. A teacher is a stakeholder as teachers have an inducement to have high achieving in their classrooms because they could be denied tenure and theRead MoreDepression With Elderly Women1603 Words   |  7 Pages Depression with Elderly women Aremelder Johnson Steiner Leigh HDC 542 University of Illinois in Springfield, Illinois What do we still need to know about your vulnerable population and what programs address their needs? What programs and policies are needed? Social and demographic trends are making information and assistance services increasingly important to the average American family. Americans live longer and require more help to cope with chronic conditionsRead MoreNutrition And The Home Bound Elderly1394 Words   |  6 PagesNutrition and the Home Bound Elderly The provision of nutrition services is critical to all individuals as it ensures the access to healthy food as well as education on proper nutrition. However, the ill and the elderly have an increased need for nutrition services as this could facilitate disease management, improve health outcomes and reduce healthcare costs. Past studies and research have shown that nutritional support of the elderly and the ill could improve the quality of life in terms healthRead MoreFood Assistance Programs For Food Aid Programs1450 Words   |  6 Pagesimplement to meet the nutritional needs of the elderly. Food assistance programs can be a solution to address this problem. The importance of elders of having the appropriate foods for health and the struggles they have in acquiring these foods suggests that elderly food assistance programs might develop better ways of helping them obtained such foods (Wolfe et al., 2003). Food assistance program that exist currently is the Food Stamp Program. T his program provides benefits that can be used to purchaseRead MoreThe Social Determinants Of Food Deserts And Food Insecurity Essay1680 Words   |  7 PagesThe Social Determinants of Food Deserts and Food Insecurity Diverse groups in American society are often the most marginalized and therefore the most vulnerable to issues that undermine the fair and uncomplicated pursuit of health and wellbeing. One of those issues is the lack of access to affordable healthy food and, in many cases, the inaccessibility to food in general. Areas where affordable and healthy foods are largely unavailable are called food deserts and the members of the diverse groupsRead MoreD2- Evaluate the Influence of Two Major Theories of Ageing on Health and Social Care Provision.900 Words   |  4 PagesHealth and social care level 3- Unit 4- D2- Evaluate the influence of two major theories of ageing on health and social care provision. During the aging process, the elderly may take different approaches to aging and may apply to different theories of aging such as the disengagement theory and the activity theory. All elderly individuals will deal with aging in different ways, they may wish to stay active or they may wish to disengage themselves due to depression or they may be unable to dealRead MoreAlzheimer s Disease And Vascular Dementia1510 Words   |  7 PagesDementia is a disease that is seen to be affecting many of our elderly population nowadays. Dementia patients show progressive symptoms, which become severe with age. Some of the symptoms include memory loss, difficulty performing intellectual activities and overall lose of cognition. There are many causes of dementia so therefore the prevalence rate of it is increasing yearly. Dementia can be caused due to genetic vulnerability such as Alzheimer’s disease (AD), lifestyle choices and from other chronicRead MoreThe History Of Medicare And The Socia l Security Act1686 Words   |  7 PagesOn July 30, 1965, President Lyndon B. Johnson signed legislation creating the Medicare and Medicaid programs. The passage of Medicare and Medicaid had a storied history before it crushed the walls that had separated the federal government and the U.S. healthcare system. Historically, the prevailing thought of many Americans up until the 1920’s and 1930’s was that medical care was largely a private transaction between a medical practitioner and a patient. This doctor-patient relationship was sacred

Wednesday, May 6, 2020

An Analysis of Anne Bradstreets Poem, To My Dear and...

The poem â€Å"To my Dear and Loving Husband† by Anne Bradstreet, is not just an exceedingly felt expression of a wife’s marital love and commitment to her husband, as it is about a puritan women who is supposed to be reserved but she makes it her obligation to enlighten her husband of her devotion. A thorough analysis of the poem’s paradox, hyperbole, imagery and repetition reveals how she conveys her message. The opening lines of the poem show how strong her feelings are for her husband. Bradstreet shows this by the use of a great example of a paradox, â€Å"if two were one, then surely we.† This shows that the magnitude of her love and affection is so deep that she’s comparing two beings as one. She praises her love for her husband so much†¦show more content†¦Im really surprised to learn that this was not common back for puritan women back then. In my opinion, the author is very open about how she feels about her husband. You can tell that throughout the poem she is repeating herself and stressing on the same idea over and over again. She praises, adores, and loves her husband and is taking an initiative to show it by writing this letter to him. Its interesting how she began the poem by using the word ever in the first two lines and how she ended it with the same word on line 12. Then while we live, in love lets so persevere That when we live no more, we may live ever. I would like to end my analysis of this poem by stating a paradox that can be found at the end of the poem in lines 11-12. Her love for her husband is on such a level that she wants to preserve it while they live and even after they die. Its amazing to me how much love one can have for a person. The poems main idea is not just centralized on how much Bradstreet loves her husband, but also on a Puritan woman who takes the initiative to show her love to her husband which was very uncommon backShow MoreRelatedEssay on Analysis of Anne Bradstreets T o My Dear and Loving Husband470 Words   |  2 PagesAnalysis of Anne Bradstreets To My Dear and Loving Husband Anne Bradstreets poem, To My Dear and Loving Husband, shows her profound love and undying affection for her husband. For a Puritan woman who is supposed to be reserved, Bradstreet makes it her obligation to enlighten her husband of her devotion. She conveys this message through her figurative language and declarative tone by using imagery, repetition, and paradoxes. Over and over again she expresses her adoration for him withRead More Analysis of To My Dear and Loving Husband by Anne Bradstreet752 Words   |  4 PagesAnalysis of To My Dear and Loving Husband by Anne Bradstreet Anne Bradstreet, the author of â€Å"To My Dear and Loving Husband† was a Puritan. This had great influence on the meaning and theme of her poem. This poem was actually not published until almost 40 years after she died. She lived in a harsh religious world where it was looked down upon for women to be courageous and smart. She lived a life that where she was unspoken and obedient to because of her religious belief. She had many concernsRead MoreLiterary Analysis Of Anne Bradstreet s The Prologue Essay2567 Words   |  11 Pagesâ€Å"who says my hand a needle better fits†: A Literary Analysis Reading of Anne Bradstreet’s â€Å" The Prologue Does gender explain the importance of a poet? Gender is just the state of being male or female. When it comes to gender no gender is superior than the other. Some individuals would imagine a poet becoming important by them excelling intellectually, being able to write about the things one could relate to, and sometimes being that voice for those who cannot be heard. Anne Bradstreet, an earlyRead MoreIn Memory Of Anne Bradstreet Analysis1777 Words   |  8 Pages Bradstreet 1. The voice of Anne Bradstreet is likely to appear in those poems whose titles refer to her immediate family, â€Å"To My Dear and Loving Husband†, â€Å"In Reference to Her Children, 23 June 1659†, â€Å"In Memory of Mt Dear Grandchild Elizabeth Bradstreet, Who Deceased August , 665, Being a Year and a Half Old†, and â€Å"To My Dear Children†. The other readings reflect the voice of the Mistress Bradstreet. In poems that reflect the voice of Anne, Bradstreet was full of emotion, and as a mother she

Tuesday, May 5, 2020

Dust In The Great Gatsby Essay Example For Students

Dust In The Great Gatsby Essay Dust in The Great GatsbyIn the novel The Great Gatsby, F. Scott Fitzgerald incorporates many different themes, but the most prevalent message is that of the impossibility of the American Dream. Fitzgerald writes of two types of people: those who appear to have the ideal life and those who are still trying to achieve their dreams. Tom and Daisy are two characters who seem to have it all: a nice house, a loving spouse, a beautiful child, and plenty of money (Fitzgerald 6; ch. 1). However, neither of them is happy, and both end up having affairs. Their lovers, Gatsby and Mrs. Wilson, are two examples of characters who are still trying to attain the perfect life. By the end of the novel, the hopes of both Gatsby and Mrs. Wilson have been dashed and they have passed away. While discussing the lost dreams of these two people, the image of dust is used several times. In The Great Gatsby, Fitzgerald used dust to symbolize the destruction of the dreams of the common man. For instance, Mrs. Wilson was an ordinary woman who had high hopes for creating a new and better life. She couldnt wait to escape her life as the wife of a poor car repairman (35; ch. 2). Her husband had settled for this life, but Myrtle still hoped for better things. A white ashen dust veiled his Mr. Wilson dark suit and his pale hair as it veiled everything in the vicinity except his wife, who moved close to Tom (26; ch. 2). Fitzgerald uses dust to emphasize that Mr. Wilson had no dreams, and that Mrs. Wilson still had aspirations of living the perfect life. Myrtles dreams are destroyed along with her life when she was hit by Toms car, and Fitzgerald uses dust in her death scene to symbolize what she had lost. The other car, the one going toward New York, came to a rest a hundred yards beyond, and its driver hurried back to where Myrtle Wilson, her life violently extinguished, knelt in the road and mingled her dark thick blood with the dust (138; ch. 7). Dust is again used, this time to insinuate the lost dreams of a common woman. Fitzgerald also uses this symbol when he writes of Gatsbys vanquished hopes. Gatsby was a man who had fulfilled most of his dreams. He had a large house, lots of money, and he mingled with the rich and famous, but he still had one thing that he needed to make him happy (50; ch. 3). Gatsby had achieved all that he had for one purpose: to win the woman that he loved, Daisy (79; ch. 4). Gatsby finally had realized his dreams for a short while, when Daisy told him that she loved him (116; ch. 7). However, this perfection didnt last very long. Daisy soon went back to Tom, and Gatsbys visions of his ideal life were destroyed. When Nick visits Gatsbys house after Daisy had gone back to Tom, he noticed that there was an inexplicable amount of dust everywhere (147, ch. 8). This dust was what remained of Gatsbys obliterated fantasies. Fitzgerald foreshadows the end of Gatsbys hopes in the very beginning of the novel also by talking about dust. It is what preyed on Gatsby, what foul dust floated in the wake of his dreams that temporarily closed out my interest in the abortive sorrows and short-winded elations of men (2; ch. 1). This reference to the conclusion of the book shows Fitzgeralds view that happiness is only available for a short period of time. Dust again portrays the image of the tiny fragments of hope left in the trail of dashed dreams. In conclusion, F. Scott Fitzgerald writes of many themes and uses many symbols in The Great Gatsby, but none is more obvious than the theme of the impossibility of the perfect life. .u34e497ee3b3893d527062c87cbb7a133 , .u34e497ee3b3893d527062c87cbb7a133 .postImageUrl , .u34e497ee3b3893d527062c87cbb7a133 .centered-text-area { min-height: 80px; position: relative; } .u34e497ee3b3893d527062c87cbb7a133 , .u34e497ee3b3893d527062c87cbb7a133:hover , .u34e497ee3b3893d527062c87cbb7a133:visited , .u34e497ee3b3893d527062c87cbb7a133:active { border:0!important; } .u34e497ee3b3893d527062c87cbb7a133 .clearfix:after { content: ""; display: table; clear: both; } .u34e497ee3b3893d527062c87cbb7a133 { 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; } .u34e497ee3b3893d527062c87cbb7a133:active , .u34e497ee3b3893d527062c87cbb7a133:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u34e497ee3b3893d527062c87cbb7a133 .centered-text-area { width: 100%; position: relative ; } .u34e497ee3b3893d527062c87cbb7a133 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u34e497ee3b3893d527062c87cbb7a133 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u34e497ee3b3893d527062c87cbb7a133 .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; } .u34e497ee3b3893d527062c87cbb7a133:hover .ctaButton { background-color: #34495E!important; } .u34e497ee3b3893d527062c87cbb7a133 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u34e497ee3b3893d527062c87cbb7a133 .u34e497ee3b3893d527062c87cbb7a133-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u34e497ee3b3893d527062c87cbb7a133:after { content: ""; display: block; clear: both; } READ: Carie Stewart Essay By the end of the novel, none of the characters has achieved happiness through their dreams or actions, and Fitzgerald often refers to dust in order to symbolize lost hopes and aspirations of the common-born characters that try to move up in society. Myrtle Wilson was an ordinary, poor woman who dreams of a better life, and dust is used in her death scene to signify the destruction of her attempts to rise in social class. Gatsby was another common person, but he had already attained many of his dreams. However, he still needed one thing to complete his vision, and this was Daisy. Gatsbys ambition was rewarded with a small glimpse of happiness when Daisy told him that she loved him, but she soon went back to Tom. After this had happened, dust covered everything in Gatsbys home, representing what remained of his dreams. Therefore, Fitzgerald uses dust in the novel The Great Gatsby to symbolize the lost hopes and dreams of the common man. Work CitedFitzgerald, F. Scott. The Great Gatsby. New York: Collier Books, 1925. Book Reports

Saturday, April 18, 2020

Types Of Love In Romeo And Juliet Essays - , Term Papers

Types of love in Romeo and Juliet Shakespeare's Romeo and Juliet is a play about two lovers separated by their feuding families. From forth the fatal loins of these two foes a pair of star-crossed lovers take their life.(Pro.I.6) The two foes Shakespeare speaks of are the Montagues and the Capulets. Their hate for each other is great and violent. The hate of the two families is shown early with a street brawl. The hate causes the lovers to hide their love from their families until the very end. after Romeo and Juliet died in the Caplulet tomb the two families see their hate and reconcile for the love of their beloved children. Shakespeare's Romeo and Juliet reviled love as a war as a religion as a malady and as a cult. The theme of love, which he explains in other keys in plays before and after remain central, though now it is to idealized in all seriousness(Sauffer 29). All through the play Shakespeare constantly held love as the basis of the play. The actual ethical energy of the drama resides in its Wise,2 realization of the purity and intensity of ideal love. Here there is no swerving(Stauffer 32). Stauffer believes that Romeo and Juliet's love was pure and intense also it is constant ever since the they lay eyes on each other. Romeo and Juliet's love is a perfect blending of body and soul. The obstacle which is a feature of the amour-passion legend is partly external, the family feud; but is partly a sword of the lovers' won tempering since, unlike earlier tellers of the story, Shakespeare leaves us with no explanation of why Romeo did not put Juliet on his horse and make for Manturia(Mahood 392). If Romeo would leave Verona with his love Juliet both will live with each other and could be in love till they are old and gray, but instead Romeo leaves with out his love and die young with each other. The love of Romeo and Juliet is immediate violent and final. In the voyage of the play they abandon themselves to a rudderless course that must end in ship wreck(Mahood 392). "Thou desperate pilot, now at once run on the dashing rocks, thy sea sick weary burke: He eres my Louve."(V.iiii 117-119) The theme of Romeo and Juliet is love and violence and their interactions. In it these two mightiest of mighty opposites meet each other squarely - and one wins(Goddard 118). The whole secrete of the play is that the deaths of Wise,3 the lovers are not the result of the hatred of the houses, nor of any other cause except love itself, which seeks death in its own restoring cordial. Love conquers death even more surly than it defeats hate. It sweeps aside all accidents so that fate itself seems powerless. Time is defeated, in that first stirring of a belief that Shakespeare came later to trust completely: that the intensity of an emotion towers above its temporal duration or success(Stauffer 32). What Stauffer is trying to say is that love is very powerful and even in death the love continues. Romeo finds Juliet's sleeping body after she had drank the potion, and he believes her to be dead. Romeo is slain when Juliet wakes up from here sleep. Out of fear and love she inserts a dagger into her heart with the famous line "Oh happy dagger". Even though the two lovers are dead their love continues. The love between Romeo and Juliet was forbidden by the two families because of their hatred for each other. Most religions say to honor your parents and if their parents new of the love it could have been disaterious. After Juliet marries Romeo the Nurse tries to convince Juliet to commit bigamy. She wants here to marry Paris so that all will be right with here father and the rest of the Capulet family, Juliet refuses. Wise,4 At the time Romeo meets Juliet, he is infatuated with a woman named Roseline. Romeo's moon struck calf-love for Rosaline must be laughed out of him by his friends Benvolio and Mercutio, by his guide Friar Lawrence and by his own true love. For Romeo doting upon Rosalin, love was malady and religion; for Mercutio it is sheer lunacy or a brutal conquest(Mahood 398). Mercutio's realm of love was lust, also very false by nature. For all the bad things the be said about lust, it is where all the jokes are and Mercutio being a joker used it to his full advantage. In trying to call Romeo over the wall, he tried a certain amount of discussion about Rosline's body

Saturday, March 14, 2020

The IMF and the Bretton Woods Agreements essays

The IMF and the Bretton Woods Agreements essays The international financial system has been radically altered since the worldwide depression of the late 1920s and early 1930s. This change is due in large part to the inception of the International Monetary Fund (IMF) and its subsequent control over the international financial system. In this paper I will examine the extensive role of the Bretton Woods system of exchange rates and the gold standard. Additionally, I will examine the role that the IMF has taken on since the demise of the gold standard. To begin, we must examine the circumstances that surround the creation of the IMF, who the actors are and what each of their roles are as member countries. The IMF was created as a result of the worldwide market collapse that took place initially in October of 1929. The domino effect that took place when the first market crashed was seen to be a situation so severe that world powers felt that drastic measures needed to be taken to ensure that this was the last global financial crisis that the world would face. Its creation in 1944 was the beginning of a new era for the international financial system. The creation of the IMF occurred at Bretton Woods along with the World Bank and the system of fixed exchange rates and the gold standard for currency. Under this system, the US dollar was tied to gold by a United States government commitment to buy it at $35.00 and ounce and sell to central banks at the same price (excluding handling and other charges). Other participating countries maintained the exchange values of their currencies at prices which were almost fixed in terms of the dollar (the values fluctuate normally not more than one percent on either side of their parities), with the result that exchange rates were almost universally fixed. Other governments carried out their commitments by selling internationally acceptable liquid resources when there was an excess demand for foreign currencies in terms of their own curr...

Wednesday, February 26, 2020

Doctrine Essay Example | Topics and Well Written Essays - 250 words - 3

Doctrine - Essay Example In order to provide a comprehensive understanding about human nature, Marx made a clear distinction between the actions of animals and the activities perform by human beings differentiating themselves as a superior creature in the earth (Sayers 610-612). In the identification of human nature and taking into concern Marx’s distribution theory, it can be affirmed that Marx had given a distinct place to the individuals in society. According to him, individuals are no longer slaves in the prevailing communist societies. They can play a decisive role in the development of modern societies. In the background of communist society and Marx’s distribution theory, individuals not only tend to generate greater value for themselves but also serve the best interests of every community member. Thus, labor forces are not only selected by the individuals but also play a foremost role in making greater contribution towards the welfare of the communist societies (Rosen