Media Effect on Islam as a Religion

Cross-Price Elasticity of Demand

Cross-Price Elasticity of Demand Cross-Price Elasticity of Demand (sometimes called simply Cross Elasticity of Demand) is an expression of the degree to which the demand for one product lets call this Product A changes when the price of Product B changes. Stated in the abstract, this might seem a little difficult to grasp, but an example or two  makes the concept clear its not difficult.   Examples of Cross-Price Elasticity of Demand Assume for a moment youve been lucky enough to get in on the ground floor of the Greek Yogurt craze. Your Greek yogurt product B, is immensely popular, allowing you to increase the single cup price from around $0.90 a cup to $1.50 a cup. Now, in fact, you may continue to do well, but at least some persons will revert back to the good old non-Greek yogurt (Product A) at the $.090/cup price. By changing the price of Product B youve increased the demand for Product A, even though theyre not highly similar products. In fact, they can be quite similar or quite different the essential point is that there will often be some correlation, strong, weak or even negative between the demand for one product when the price of another one changes. At other times, there may be no correlation. Substitute Goods The aspirin example shows what happens to the demand for good B when the price of good A increases. Manufacturer As price has increased, demand for its aspirin product (for which there are many substitute goods)  decreases. Since aspirin is so widely available, there probably wont be a great increase in each of these many other brands; however, in instances where there are only a few substitutes, or perhaps only one, the demand increase may be marked. Gasoline vs. electric automobiles is an interesting instance of this. In practice, there really are only a few automobile alternatives: gasoline automobiles, diesel, and electrics. Gasoline and diesel  prices, as youll remember, have been extremely volatile since the late 1980s. As U.S. gasoline prices reached $5/gallon in some West Coast cities, the demand for electric cars increased. However, since 2014 gasoline prices have fallen. With that, demand for electrics fell with them, putting automobile manufacturers in a peculiar bind. They needed to sell electrics to keep their fleet mileage averages down, but consumers began buying gasoline trucks and larger gasoline autos again. This forced manufacturers Fiat/Dodge  is a case in point to lower the price of electrics below their actual production cost in order to keep selling gasoline-powered trucks and muscle cars without triggering a federal government penalty.   Complimentary Goods A local Seattle band has a breakthrough hit millions and millions of streams, many, many downloads and a  hundred thousand albums sold, all in a few weeks. The band begins touring and in response to demand, ticket prices begin climbing. But now something interesting happens: as the ticket prices increase, the audience becomes smaller no problem so far because whats happening essentially is that the band is playing smaller venues but at greatly increased ticket prices still a win. But then, the bands management sees a problem. As the audience grows smaller, so do the sales of all those high mark-up collectibles band T-shirts, coffee mugs, photo albums and so on: the  merch. Our Seattle band has more than doubled the ticket price at $60.00 and is still selling about half as many tickets at each venue.  So far so good: 500 tickets times $60.00 is more money than 1,000 tickets times $25.00. However, the band had enjoyed robust merch sales averaging $35 a head. Now the equation looks a little different: 500 tix x $(60.00 $35.00) is less than 1,000 tix x ($25.0035). The drop in ticket sales at a higher price created a proportionate drop in merch sales. The two products are complementary. As the price increases for band tickets, the demand for band merch drops.   The Formula You can calculate the Cross Price Elasticity of Demand (CPoD) as follows: CPEoD (% Change in Quantity Demand for Good A)  Ãƒ · (% Change in Price for Good A)

Finance and Accounting in the Entrepreneurship Business coursework Essay

Finance and Accounting in the Entrepreneurship Business coursework - Essay Example ase of the demand for the slap-up industrial coating material in the market, the SIJIA Industrial Material intends to come into the market of advanced PVC used as slap-up industrial coating material. According to the research, the demand for slap-up industrial coating material increases more rapidly than the supply. There are less than 10 manufactures which produce slap-up industrial coating material exclusively. Although some manufactures which produce mid/low end products whilst supplying the slap-up products, the scales are very small. And some of our existing customers are willing to purchase our slap-up products if we supply. The current thinking in Financial Management is that financial managers do not perform the role of goal keeping of financial data and information, and arranging funds, whenever directed to do so by the Board of Directors of Companies. Rather, financial managers perform key roles in top management areas by solving complex management problems. Financial management is a concept which deals with the efficient and effective use of economic resources, such as capital funds, in a most appropriate manner. Moreover, the concept of both finance and accounting is closely inter-related. As a finance manager, it is essential to provide a thorough analysis of almost all areas of business, to order to ensure the beneficial applicability of plans, policies and procedures. Finance managers lay stress on making judicious judgments on the profitability, solvency, liquidity, and growth aspects of the firm. Financial data occupy a bottom slot in business planning, albeit an important one, in business co ncepts and performance of the management team. Income statements are simple and straightforward reports on the proposed businesss cash-generating abilities. The advanced PVC used as slap-up industrial coating material is an important kind of the material for uniform such as the environment-protecting people’s clothes which require the highly damp proof

Explain which early Tokugawa reforms did the most to stabilize Japan Essay

Explain which early Tokugawa reforms did the most to stabilize Japan and perpetuate Tokugawa rule - Essay Example At the beginning of the Tokugawa period, Japan was shaken by internal disorder and social unrest. In order to restore stability and order, the Tokugawa rulers established a social hierarchy, based on the principles of Confucianism (Hunter; Murphy). Many samurai were disposed of their land, which was concentrated in the hands of the daimyo. The daimyo were put under the direct control of the Shogunate. The land owners were located in the city of Edo, and this social organization was based on inherited position rather than personal merits. It was horizontal in the sense that at the top there was the Emperor, as well as the Shoguns and the daimyo. The lower layer consisted of samurai, followed by peasants, craftsman and merchants. The social structure during the Edo period was an interesting way for the Tokugawa to stabilize the country and to maintain order. The system was elitist in a way that the resources of the country were vested in the hands of very few people, which were under the control of the Shogunate. This hereditary form of autocracy prevented economic and social disputes and riots over land or economic predominance. The social order established by the Tokugawa was a centralized form of governance, which carried some of the features of European feudalism. Another reform, which created stability during the Tokugawa period, was Japan’s transition from trade openness to seclusion. At the beginning of the Tokugawa rule, foreign trade with Europe and the Americas was restricted (Hunter, Murphy). The reason for this major shift in external relations was the Tokugawa fear from the spread of Catholicism in Europe. Although some historians argue that the restrictions on foreign trade, imposed by To kugawa set the beginning of Japan’s economic isolation, they were also a form of protectionism which made Japan impervious to foreign influence. Explain which Meiji era reforms did the most to transform Japan into a modern nation and major military power The Meiji period was a benchmark in Japanese modern history, and marked the beginning of Japan’s ascent to economic and military supremacy. Economically, the Meiji period marked a tremendous shift from the policy of isolation and trade protectionism, which was characteristic of the Tokugawa rule. During the Meiji period, Japan opened its economic borders, and adopted open market economy, based on the Western capitalist model (Hunter, Murphy). The rationale behind the adoption of free market economy was to boost independent entrepreneurs, which at the time were the main component of the Japanese private sector. Open market economy increased competition and industrialization, which quickly transformed Japan from economic ally secluded nation, to one of Asia’s rising economic powers. The implementation of open economy allowed Japan to borrow expertise, knowledge and technology from the developed West, which soon made the country Asia’s leading manufacturer of goods. Other economic reforms included improved banking system and the adoption of unified national currency – the yen. The transformation of Japan in the Meiji period continued with the modernization of the military sector. This period saw the government’s effort to create a small, but well trained army. Army conscription was made compulsory for all men. Japan exchanged military expertise and training with developed nations such as France and USA.

Using GIS Profiling to Solve Serial Burglaries Research Paper

Using GIS Profiling to Solve Serial Burglaries - Research Paper Example It then elaborates on GIS tool and its appropriateness in solving serial crime using geographic profiling. More significantly, the paper relates geographic profiling to solving serial burglaries. Serial crimes are illegal acts that warrant punishment based on criminal law. They are crime defined by repetitive nature. Serial crimes include murder, rape, arson, bombing, and robbery. Serial criminals frequently develop behaviors of committing the same type of crime in a similar manner. Sequence of crimes committed by the same lawbreaker constitutes serial crimes that law enforcement agencies files. Studies relate serial criminals to immoral upbringing or environment. Advancements in technology have contributed to increased serial crimes around the globe. Criminals are highly innovative and frequently adopt emerging technology advancements before criminal agencies acquire such technologies. Such innovative criminals have also acquired similar crime tracking devices used by law enforcement agencies. For instance, innovative criminals have encrypted radio communication networks of state agencies.’ Insecurity cases have increased around the globe because of innovativeness of criminals. Criminals have devised advanced systems of committing a crime and escaping from law enforcement agencies. For instance, Serial killers and terrorists use modern communication technologies such as satellite imagery, night vision goggles and smart phones in locating their targets and enemies. Evidence also exists of terrorists who have formed operations centers for monitoring social networks, videos, and global news broadcasts. Serial killers such as the 2008 Mumbai terrorists used modern weapons such as AK-47s, hand grenades, and explosives (Goodman, 2014, p. 1). The terrorists employed use of search engines in planning the attacks and in identifying specific hostages.

Missionary Journeys And Strategy Of Paul Religion Essay

Missionary Journeys And Strategy Of Paul Religion Essay The purpose of this essay is to describe appropriate examples and strategy Paul used for his missionary journey that can be considered for 21st Century missions. The way I plan to structure my essay; I will explore theology books to find out what the authors say of Pauls missionary journeys. I will compare the authors opinions and then I will search the Bible scripture and give reference as evidence. I will begin my essay and describe from the book of Acts the call of God upon the Apostle Pauls life to the mission fields. The book of Acts describe how the Apostle Paul became a missionary (Acts 9) says Paul had a supernatural encounter with the Lord Jesus on the road to Damascus. Paul was temporarily with out vision. A disciple named Ananias had a vision of the Lord that he should go and pray for Paul. Ananias prayed for Paul and his sight was restored. (Acts 9:20) Paul was filled with the Holy Spirit and he went out to the Synagogue and preached the Gospel. The Bible says in (Acts 13:2-3) the Apostle Paul gave himself as an example to follow Jesus Christ, Paul fasted and prayed when Paul received the baptism of the Holy Spirit, he preached in different parts of the world for Jesus Christ. (Acts 16:13) says when Paul went to Philippi he had a prayer meeting at the riverside. Paul prayed and miracles happened, the Holy Spirit used him. B. Paul used the name of Jesus. The authors give reference to scholars who write their opinion of the missionary work Paul did. J. Louis Martyn, refers to Wilckens and Vielhauer who says how extensively however, did he function as a teacher of the scriptures? Specifically, did he take it as one of his tasks regularly to offer lengthy and detailed exegetical discourses to his congregations? His letters suggest no such thing. . Geoffrey Harris wrote first, his methods of reaching out to the Gentile world by first creating a Jewish Christian community; then, identifying and training leaders for the nascent churches; third, by deepening understanding of and commitment to the gospel in order to strengthen the churches in maturity. . Joseph Plevnik gives reference to Fitzmyer, he says what the apostle inherited from his Hellenistic and Jewish backgrounds, what he borrowed from tradition, and what he arrived at through his missionary experience, is all uniquely transformed by his knowledge of Christ, which he received at Damascus. . I have studied the theories of J. Louis Martyn and Geoffrey Harris, and Joseph Plevnik; The following Bible scriptures say Paul was dependent on the Holy Spirit. (1 Corinthians 2:13) and (1 Corinthians 2: 4) (Luke 4:16-20) The Bible scriptures say Paul taught from scripture, he preached the gospel in the synagogues. (Acts 17:1) says Paul preached at a synagogues at Thessalonica, (Acts 14: 9-10) says Paul prayed for a crippled man with faith and told him to stand up the man was healed. J. Louis Martyn, who referred to Wilckens and Vielhauer goes on to say, that Paul made verbal attacks against scriptural instructions. The book of (Acts 17:16) says Paul was angered when he saw Athens, because the city of Athens was given to idols. I have studied the Bible scriptures and compared the authors opinions and I dont share the same view as, Wilckens and Vielhauer, however I have found Geoffrey Harris and Joseph Plevniks, opinions to be scriptural I prefer their views. Geoffrey Harris describes the strategy, Paul used to establish the churches. Joseph Plevnik says Paul received his knowledge through the experience he had with Jesus Christ on the road to Damascus. The Bible says, Paul wrote letters to Churches in Rome, Ephesians Philippians and Philemon. Paul would start his letters with a greeting and he would end his letters with a farewell (Act 9:15) and (Acts 11:1) say Paul wanted to reach the Jews and the Gentiles with the salvation message of Jesus Christ. The authors Martin Dibelius he refers to critical scholars, Joseph A. Grassi and Bernard T. Smyth describe their opinion of Pauls missionary work in spreading the Gospel. Martin Dibelius, refers to critical scholars and says scholars have referred for instance to improbability of certain scenes, as for example, to the fact that Paul assumes towards the Jewish Christians in Jerusalem a yielding attitude which we cannot possibly believe he would have adopted. . Joseph A. Grassi wrote one of the great reasons why Christianity spread like wildfire through the world in the first three centuries was precisely this that it was a proclamation of freedom addressed to a world. . Bernard T. Smyth, says to get this matter of Paul and prayer into perspective, it is useful to recall how, before the advent of Paul, the young Christian community was already very much a community of prayer. I have studied the theories of Martin Dibelius and Joseph A. Grassi and Bernard T. Smyth. Martin Dibelius referred to critical scholars who said, they cannot possibly believe that Paul, adopted a yielding attitude. The book of (Acts Chapter 9) says after Paul had a supernatural encounter with the Lord Jesus on the Road to Damascus, Paul was supernaturally transformed when he received the baptism of the Holy Spirit. Jesus gave Paul a yielding attitude that enabled him to carry out his missionary work. Joseph A. Grassi describes his beliefs why Christianity spread throughout the world and the announcement of freedom in Christ Jesus. Bernard T. Smyth says that the Early Church was a praying community. The book of (Acts 14:23) says the early Church fasted and prayed. I have compared the views of the critical scholars and Joseph A. Grassi and Bernard T. Smyth, and I prefer the opinions of Joseph A. Grassi and Bernard T. Smyth, in contrast to the critical scholars, they have referred to Biblical scripture. Therefore the balance of the agreement is in favor with the view of Joseph A. Grassi and Bernard T. Smyth. Tom Wright, says Paul urges, the many splendoured wisdom of God must be made known to the principalities and powers in the heavenly places. . Krister Stendahl, says, Paul tells the Church, Jews and Gentiles in Rome, that his call to the mission fields is the plan of God. . I have looked at the views of, Tom Wright, he says Gods word must be made known to the principalities and powers in heavenly places and Krister Stendahl says, Pauls call to the mission fields was Gods plan. The book of (Ephesians 6:12) says the battle is not against flesh or blood but against principalities and powers of darkness in high places. The book of (Acts 13:1-3) says The Holy Spirit selected Paul for his mission work. I have studied the views of the authors and have compared them with the Bible scriptures after analysing the scriptures. I prefer the view of both the authors Tom Wright and Krister Stendahl. C. The Early Church Fasted and Prayed. The book of Acts describes the strategies Paul used for his missionary work. Paul took the message of the Gospel to the Gentiles and taught of the authority of Jesus Christ and his power. The strategy Paul used he fasted and prayed and achieved his missionary journey through prayer. The Bible says Paul would minister to groups of people in the Synagogue; meeting with groups of Christians, in Church is a good way of spreading the Gospel of Jesus Christ, today. Paul wrote letters to communicate to the Churches, at that time there was not the technology there is today, such as the Internet, a telephone Christian television, Christian radio, tapes, or CDs, and DVDs. Today there are Christian organizations, such as Christian training courses, and Bible colleges and Church buildings that can be considered appropriate examples for 21st Century missions.

Defining Family Essay -- Family Psychology

Determining family structure and dynamics as well as defining the family is a complex process. Personally, I come from a very traditional family. Much like the assumptions made by the students in the article Defining Family: Young Adults’ Perceptions of the Parent-Child Bond by Mellisa Holtzman (2008). This is what comes to mind when most people define family; a nuclear family, with married parents, and biological children. However, a family is a complex system and can take on many different forms. Today, in a world of the â€Å"postmodern family† the traditional lines of family structure are blurred. Children may come from diverse types of homes, or a couple, married or not may choose to have no children and consider themselves a family. The roots of these modern families may stem from ethnic origins, sexual orientations, or even seen as a rebellion of sorts from traditional ways. Children may live in homes of single parents, which is an exceedingly more common phenomenon as the divorce rate well publicized at around fifty percent. They may also live with homosexual parents either as a biological child of one partner or adopted by both. Also, the traditional married couple may choose to adopt locally or internationally, potentially blending ethnic backgrounds into one household. Whatever the background of the new nuclear family the challenges and experiences follow similar patterns. This change in family structure and definition has become a very public issue in recent years. According to the U.S. Census Bureau a family is defined as â€Å"two or more persons, including the householder, who are related by birth, marriage, or adoption, and who live together as one household† (www.census.gov). This legal... ...to make dysfunctional environments. Whatever the common thread is that links an individual to their family should be recognized and supported as that is what has shaped us all. Works Cited Family - Definition and More from the Free Merriam-Webster Dictionary. (n.d.). Dictionary and Thesaurus - Merriam-Webster Online. Retrieved April 19, 2012, from http://www.merriam-webster.com/dictionary/family Frequently Asked Questions - U.S Census Bureau. (n.d.). Census Bureau Homepage. Retrieved April 19, 2012, from http://www.census.gov/hhes/www/income/about/faqs.html Holtzman, M. (2008). Defining family: Young adults' perceptions of the parent-child bond. Journal of Family Communication, 8(3), 167-185. Stephen, A. O., & Sabatelli, R. M. (2007). Family interaction: a multigenerational developmental perspective. (4 ed.). Boston, MA: Pearson Edu.

People and Civilizations of the Americas

People and Civilizations of the Americas An ancient civilization called Mesoamerican of the Maya developed a written language which enabled scribes to record the important actions of rulers and military events. One of the scribes was called the Mayan Scribe. The Mayan Scribe used a complex writing system to record religious concepts and memorializes the actions of their kings. Lady WacChanil-Ahau, the Maya princess, mounted a litter decorated with rich textiles and animal skins. The Mayans had a urban center called Dos Pilas. Lady Wac-Chanil-Ahau’s destination was the Maya city of Naranjo, where she married a powerful nobleman. Her marriage was eliminated when the regions major military power Caracol, had defeated Naranjo. K’ ak Tiliw Chan Chaak, the son of Lady Wac-Chanil-Ahau, ascended the throne of Naranjo as a five-year-old in 693 C. E . Chaak was a prodigious builder, leaving behind an expanded and beautified capital as part of his legacy. He erected numerous carved stone monuments called stelae celebrated her life. The defeat of the city-states of Tikal and Naranjo by Caracol undermined long-standing commercial and political relations in much of southern Mesoamerica and led to more than a centaury of conflict. Caracol was challenged by the dynasty created at Dos Pilas by the heirs of Lady Wac-Chanil-Ahau. The two shared culture and religion, the great Maya cities stayed divided by the dynastic ambitions of their rulers and by the competition for resources. The people of the Americas were in constant competition for resources as the story of Lady Wac-Chanil-Ahau’s marriage and her role in the development of the Maya dynasty suggested them. Member’s elites organized their societies to meet these challenges, even as their ambition for greater power predictably ignited new conflicts. No single set of political institutions or technologies worked in every environment, and enormous cultural diversity existed in the ancient Americas. Mesoamerica, which is Mexico and northern Central America and the Andean region extraordinarily productive and diversified agriculture. Cities were built that rivaled the capital of the Chinese and Roman Empire in size and beauty. The rest of the hemisphere, indigenous peoples adapted combinations of hunting and agriculture to maintain a wide variety of settlement patters, political forms, and cultural traditions. All cultures and civilizations of America experienced cycles of expansion and contraction as they struggled with the challenges of environmental changes, population growth, social conflicts and war.

Martin Luther King Essay Essays - Community Organizing, Free Essays

Martin Luther King Essay Essays - Community Organizing, Free Essays All people should be treated equally no matter what color skin they have, people deserve to have a chance of a bright future in a world that treats people equally. The importance of the I Have a Dream' speech by Rev. Dr. Martin Luther King, Jr. is that this speech portrayed the importance of equality between people and a man's passion of building a better world for the future generations. This essay shows that through passion and dedication you can accomplish anything. The I have a Dream' speech by Rev. Dr. Martin Luther King, Jr. changed the government into what we now live in. It changed so that segregation ended and people where equal. People weren't insulted by the color of their skin but on the personality of the person. It showed the government that all men had rights of life, liberty, and the pursuit of happiness. Rev. Dr. Martin Luther King, Jr. wanted to be granted civil rights for African Americans in a peaceful manner than through physical violence. Through this dedication and passion people are now treated with the same chance at success in life within a society who accepts them all equally. Rev. Dr. Martin Luther King, Jr.'s speech is important today because without those civil rights many people wouldn't have jobs because of the color of their skin. People wouldn't have the same opportunities as those with civil rights. African Americans wouldn't be able to contribute to society and help make the world a better place. We wouldn't have our first African American president. African Americans wouldn't be able to describe on character because of their skin color. African Americans wouldn't be able to be associated with white people. Everyone deserves to be treated with equal respect and rights. This is important in my life because we do have an African American president. African Americans have contributed to society and have been given the opportunity to make the world a better place. I have African American friends who are outstanding people who are dedicated hard workers. In the future I will be able to work with African Americans and be treated with equal rights. It proves that through the dedication of a few it can affect the future of many. Life is about rights and being treated equally. People are able to have the same opportunities as others and they show society that the government has done the right thin in providing them with civil rights in order to allow everyone a fair chance of success in life. In conclusion, the world is treating everyone with equal respect and dignity no matter what race or skin color they have society accepts everyone. No matter what people say it is within he rights of the government that all people should be treated equally and fairly between each other in a society who will accept them for who they are no matter what their skin color is. That is the importance of the I Have a Dream' Speech.

Richard Avedon Essay

Richard Avedon Essay Richard Avedon Essay Richard Avedon Richard Avedon was an American photographer, born to Jewish/Russian immigrants in New York City. He grew up with fashion as an influence in his daily life with his parents owning and running Avedon Department store on 5th Avenue. Avedon studied at Columbia University briefly before landing a job as an id picture photographer with the camera his father had given him as a gift. He got his first photography job in the fashion business as an advertisement photographer for a dress company. Alexey Brodovitch, the art director for Harper’s Bazaar, soon discovered him in 1944. It was post WWII and Harper’s Bazaar was trying to bring back the glamour of pre-war Paris. Avedon did not like the current trend of perfectly posed and arranged models and preferred to capture his models in action and to put them in situations that told a story. In doing so he created a new standard for fashion photography. Avedon worked as a fashion photographer for Harper’s Bazaar and later, Vogue Magazine to support his personal projects. He traveled for a while taking photojournalism pictures in places like Vietnam but decided that he would rather be a creator than an observer. His personal love in photography was th e face. He made portraits of people where the only subject was the face. There were no backgrounds, no props, nothing to take away from what he was truly interested in. Avedon was not interested in taking nice, flattering portraits that one could see displayed on a mantle piece. He wanted to capture moments of pure emotion. During his photo sessions he would often talk to his subject, studying them and then carefully saying what he believed would invoke an emotional response. During his photo session of the Duke and Duchess of Wellington, he was not satisfied with their â€Å"ladies home journal† poses. He noticed that they had their pug dogs with them and observed their love for dogs. He then said, â€Å" If I seem to hesitate tonight, forgive me, I’m a little disturbed. My cab driver ran over a dog on my way over here.† When their faces fell he took the picture that captured their sadness for the poor deceased dog. He was always prying a little here and there to get the emotional response he needed for his art. Avedon always stated that although the face of the subject does not belong to him, he does have absolute control over the situation at all times in order to create the image needed. Avedon said that he always photographed what he didn’t understand or what he feared. In the beginning of his career as a young man it was women, then it was illness, poverty and loss. In another of his photo sessions he was to photograph Marilyn Monroe. Avedon stated that Marilyn Monroe didn’t exist. She was a creation of Norma Jean’s. When Avedon was shooting Marilyn Monroe, she did Marilyn Monroe. She danced and sang and flirted and twirled around the set for hours. At the end of the night she sat in the corner like a little girl and everything had left her. He never photographed her without her knowledge and as he walked up to her with the camera, she saw he was going to take her picture and

Literacy & Education Annotated Bibliography Example | Topics and Well Written Essays - 250 words

Literacy & Education - Annotated Bibliography Example The objective of the No Child Left Behind Act has been received with mixed feeling among the American society. While some support the legislation, others have vehemently opposed it as regards its impacts on schools. According to the author of this book, many people have narrow comprehension of the content and scope of the NCLB. This book lays a platform for better understanding of the contents and operation of the NCLB. No Child Left Behind’s main objective is â€Å"to improve the reading level of American students† (41). In this book, the authors present a research analysis including several countries to demonstrate and justify that higher education levels promotes national income growth. In their bid to ascertain if education quality improves per capita income, they use the data they obtained from each country. According to the authors, high quality education results into low child mortality rate. The authors argue that education quality significantly influences the number of years one stays in school in open economies compared with closed

The Bottom of the Pyramid Essay Example | Topics and Well Written Essays - 1750 words

The Bottom of the Pyramid - Essay Example Prahalad together with Hart have put forward an opinion that the largest part of the economic market, the fourth and the often forgotten tier has long been hidden in the depths of the marketplace. This tier has never been acknowledged as potential generators of wealth and as a source of innovation by research and development entities (2002). However, this often forgotten, bottom of the social hierarchy, fourth sector has its own set of treasures (Bendell 2005, Viscio and Pasternack 1996). The poor have within them the basic cultural knowledge for innovation and their knowledge of environmental sustainability is quite intimate (Pralahad and Hart 2002). Hence a more full-fledged engagement of this sector within the economy both as producers and consumers will result to a responsible society, marketing strategies that are culturally perceptive and overall will yield a healthy economy. Through these yields the fourth sector might even realize their importance as a generator of wealth, wh ich will naturally lead to their self-determination and empowerment. By harnessing these yields, the fourth tier can very much realize successes similar to those of India and China, opines Prahalad and Hart. However, here it can be argued that if cultural knowledge is valued as intellect, then the fourth sector holds key only for a more integrated world economy with greater participation and products and services that are innovative and ecologically safe, economies that can avoid the mistakes generally made by the developed countries. This argument that the fourth sector holds the key to economic development and social transformation has been countered on several levels, especially by Rost, Ydren and Gustaffen (2006). Most of the points that have been illuminated in these counter arguments have been matters of definition. Moreover the trio, assert that the poor may simply be unwilling or lack the resources to accomplish the transformational business model, put forward by Dr.