Tuesday, May 26, 2020

How To Write A College Admission Essay

How To Write A College Admission EssayWhat does a college admission essay look like? How do you make it as interesting as possible and as different from the others that other students have written? These are all questions that you need to ask yourself before writing your own college admission essay.The first step is to make sure that you don't use a substandard essay, this could backfire on you if you've never used a college admissions essay before. You should write your essay from scratch if you are applying for college. As you begin to research college admission essays, you'll soon learn that they can be tricky and therefore more difficult to write than you would have ever thought.Another tip for great essays is to make sure that they contain a strong thesis statement. This will stand out among the rest of the students. The concept behind your essay should be to show how you have an important unique perspective on an issue that will let you contribute to the college admissions proc ess. Since you're applying for college, the content of your essay must be uniquely focused on your prospective school of choice.You will want to research your potential schools before writing your essay. One of the best ways to find out about college admission essays is to visit your school's website. The information you obtain from there will be completely up to date.Make sure that your entire essay is properly formatted and structured. You should avoid using too many 'and' s or hyphens in your writing, because this is considered a grammatical error. Also, make sure that you use your preferred spelling system with your college essay.While college admission essays often are lengthy, the words on your page are very important. For this reason, make sure that you carefully read the whole essay before you begin to edit it. This way, you will catch any errors or typos. You also want to make sure that your college admission essay doesn't fall apart completely, so make sure that it has a c ohesive flow.As you continue to write your own college admission essay, you will become more familiar with how to structure each paragraph. As you write your essay, pay attention to what goes into each paragraph and how it relates to the rest of the essay. This is one of the most important parts of your college essay.

Monday, May 18, 2020

Design A Task For A Grade Classroom - 1125 Words

For our GeoGebra lesson, Ashley and I decided to design a task for a 1st grade classroom. This 1st grade lesson required students to partition circles, and possibly rectangles, into halves and fourths using the idea of fair sharing with the tools provided by GeoGebra. We went with this idea assuming that students have had previous experiences with GeoGebra and with fair sharing, perhaps with friends or siblings for example. We divided up the work evenly and worked on our sections on our own, asking for help if needed. This assignment provided me the opportunities to practice implementing the mathematical teaching methods I have been learning about in my classes, work with a fellow classmate that has had more experience in the classroom, and work on what it may look like to develop a mathematical task that is centered on a piece of technology like GeoGebra. A practice all teachers should rehearse, prepare for, and become masters at is quality questioning. When writing our lesson plan, we were prompted to think of questions that would allow for extension, check for understanding, provide differentiation, lead students in developing an understanding of the key ideas included in the lesson, guide students through the lesson by scaffolding their learning, and help to clear up misconceptions that existed. As one can see, planning for the types of questions to ask and anticipating the types of responses that would come in turn, encompassed a large portion of our prepping ourShow MoreRelatedWhere I Am I Now?1501 Words   |  7 Pagesabout rubrics. Rubrics are an outline of what I aspect students to accomplish during the task at hand. When they complete the task, the students will receive a point value grade that reflects what they accomplish on the task. However, according to Craig Huhn (2005), â€Å"assessment means being keenly aware of what students know and understand, having sufficient evidence of this understanding, and offering a grade that accurately reflects this†. As a Family and Consumer Science teacher, mainly food coursesRead MoreStandardized Assessments Are Being Criticized As Inappropriate When Measuring Student Performance1428 Words   |  6 Pagesperformance assessment; present a design of an authentic, performance-based assessment for reading by Grade 6 English as second language learners. A media tools will be used to illustrate this measurement and will be followed by an explanation of the chosen design. Wiggins (1993) defines authentic assessment as â€Å"Engaging and worthy problems or questions of importance, in which students must use knowledge to fashion performances effectively and creatively. The tasks are either replicas of or analogousRead MoreIntervention Selection For Adolescents With Attention Deficit Hyperactivity Disorder1511 Words   |  7 PagesErvin, R A, DuPaul, G J, Kern, L, Friman, P C. (1998, Spring). Classroom-based Functional and Adjunctive Assessments: Proactive Approaches to Intervention Se lection for Adolescents with Attention Deficit Hyperactivity Disorder. Journal of Applied Behavior Analysis, 31 (1), p.65-78. PURPOSE: The purpose of the Ervin, DuPaul, Kern and Friman (1998) study was: to explore previous research and expand upon those finding to determine if the identification of a behavior’s function is valuable and/or necessaryRead MoreMotivation in Social Contexts Within the Classroom761 Words   |  3 Pageswithin the Classroom What is motivation and why is it important? As brought out by Dornyei, teacher skills in motivating learners should be seen as central to teaching effectiveness (2001). He asserts that motivational strategies should include appropriate teaching behavior, good teacher-student rapport, a pleasant and supportive classroom atmosphere and a cohesive learner group characterized by proper group norms. In addition, everything that a teacher may do or say in the classroom has a motivationalRead MoreStudents With The Tools And Strategies1708 Words   |  7 Pagessuccessful. Educator’s today are faced with many obstacles in order to meet the academic and emotional needs of all students in their classroom. Traditional classrooms move students to another classroom at the end of the year, while looping provides educators the opportunity to remain with their students to the next consecutive grade level. The shift toward single-grade classes with a single-teacher educational model was establ ished and remains prominent today (Roe, 2009). â€Å"Looping† is a practice whereRead MoreARCS Model1616 Words   |  7 Pagesacknowledged by scholars as a key component linked to academic success and a continuing challenge for educators (Keller, 2010 Murray, 2011). In fact, Linder, Smart and Cribbs (2015) cite motivation as being essential for student success in mathematical tasks. â€Å"Motivation refers broadly to what people desire, what they choose to do, and what they commit to do† (Keller, 2010, p.). It is debated whether students must have intrinsic motivation intuitively or whether teachers are able to inspire motivationRead MoreA Unique Experience At Learning That Is Built Aside Existing Educational Systems1458 Words   |  6 Pageswithin the classroom. Students who address their inferior skills as compared to a superior, will naturally aim to improve themselves to gain an advantage. The authors note that while competition is commonly used as a tool to encourage motivation, it still has its negative s ide effects. These negative side effects can harm scholarly attributes of students. The authors raise an important distinction between the different types of competition that will help distinguish an ideal form of classroom competitionRead MoreIndepth Research Project Assignment753 Words   |  4 PagesRole of Content: Task Design Many studies emphasize the importance of task design when seeking to increase student literacy engagement (Friend, 2017; Guthrie, 2004; Parsons et al., 2015; Strati et al., 2016). Researchers urge that academic tasks include elements of choice, rigor, discussion, and pertinence to everyday life (Friend, 2017; Guthrie et al., 1996; Hruby et al., 2016; Parsons et al., 2015; Strati et al., 2016). Additionally, Guthrie and Wigfield (2000) warned that â€Å"the importance of choiceRead MoreImplementing Technology into the Classrom1618 Words   |  7 PagesTechnology is a very helpful tool that should be implanted into all urban and high poverty schools. â€Å"Technology is treated as a tool to help accomplish complex tasks (rather than as a subject of study for its own sake) that engage students in extended and cooperative learning experiences that involve multiple disciplines† (Griffin and Holland, 2008). Technology is a good tool to use when accommodating different learning st yles. Therefore technology can become a motivator for students to keep themRead MoreBackward Design, a planning guide1555 Words   |  7 Pagesreports that effective people in various fields are goal-oriented and plan with the end in mind. Although not a new idea, the deliberate use of backward design for planning curriculum units and courses results in more clearly defined goals, more appropriate assessments, more tightly aligned lessons, and more purposeful teaching. The backward design process explained by Wiggins McTighe begins with the end in mind: â€Å"One starts with the end - the desired results (goals or standards) - and then derives

Saturday, May 16, 2020

Adam Smith And Karl Marx - 1055 Words

Derek Ding Economy Ms. Walsh Period D Adam Smith and Karl Marx Adam Smith and Karl Marx are famous for their influential and prominent theories about economics. Two difference thoughts indeed are contributions that can change the world. In Adam Smith s â€Å"Inquiry into the Nature and Causes of the Wealth of Nations†, he introduced an idea where producers work in ways they want and get paid by how much work they put in. In other words, they can set up prizes that they think fit the work. On the other hand, the consumer also can evaluate the goods and decide how much they are willing to pay for those goods. â€Å"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.† (Wealth of Nation) This economic system would result in the most efficient and desirable economic outcome for both consumers and producers. â€Å"Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with a nother.† (Wealth of Nation)This economic system encourages people to make deals with each other since they all can get maximum benefit from deals. In this perfect economy, there would be no addition or insufficient supply or demand; people in markets would always have equal rights and opportunities. However, governments would not have much involvement within this economic system. Karl Marx in his â€Å"The Communist Manifesto† reasoned thatShow MoreRelatedKarl Marx And Adam Smith Essay1639 Words   |  7 PagesPresence of the Theories of Karl Marx Adam Smith Within the Canadian Economy Written by: Jason Kothary, Zach Shafi, Sam Girma Kevin Sallaku Research: Ryan Salehi, Zack Izzeddin, David Moffett, Cameron Bernardo, Harrison Toms, Taha Mahmood, Anthony Alexiou, Jason Kothary, Zach Shafi, Sam Girma Kevin Sallaku Canada’s economy is one that exhibits a multitude of characteristics that adhere to the capitalist and socialist constructs of a mixed system. In order to clearly define and analyze theRead MoreAdam Smith and Karl Marx1053 Words   |  4 PagesAdam Smith and Karl Marx both came from very different worlds, however they saw the world in similar ways. Both had thoughts derived from different views. Smith had a very capitalistic view on things, while Marx was socialist in many ways. They expressed their thoughts in ways that were surprisingly similar while other ideas were dissimilar. Ultimately socialism and capitalism can go hand in hand. One main idea that both works addressed was the productivity of work and the ability to accumulateRead MoreAdam Smith And Karl Marx1674 Words   |  7 PagesI. Adam Smith and Karl Marx Contemporary economics are best explained by comparing two foundational thinkers that have contributed to the better understanding of liberalism, one being its proponent Adam Smith and the other being its most significant critic, Karl Marx. Both thinkers are profoundly important in locating and investigating the roots of neoliberalism as well as exploring alternatives ways to challenge neoliberal economics in the face of its post-cold war expansion as the inevitable andRead MoreAdam Smith And Karl Marx973 Words   |  4 PagesAdam Smith and Karl Marx were two economic philosophers who each introduced revolutionary ideas concerning economic systems, and their effect upon social progress and prosperity. Smith proposed an economic system, known as capitalism, in which a laborer s wage is wholly relative to their contribution to increasing the means of production; productivity is capitalism s main objective, as it inevitably results in increased profit and revenue. Conversely, Marx prop osed an economic system, known asRead MoreAdam Smith And Karl Marx1924 Words   |  8 Pagesshould be achieved Latin America. Adam Smith and Karl Marx are examples of the main two views. Adam Smith, a Scottish Philosopher, was a critique of controlled markets and supported the idea that consumers should be able to engage in a free market in order to achieve overall self- profit. As a believer in capitalism, Smith also viewed private property and overall self- interest as positives. Implementing these ideas without the interference of the government, Smith believed, led to unlimited wealthRead MoreKarl Marx and Adam Smith Essays1386 Words   |  6 PagesKarl Marx and Adam Smith Karl Marx and Adam Smith wrote in the same time period – during the industrial revolution, where the bourgeois had risen to power by oppressing and exploiting the proletariat. The term bourgeois refers to the people in the class of modern capitalists, owners of the means of social production and employers of wage labor. The proletarians are the people in the class of modern wage laborers who, having no means of production of their own, are reduced to selling their laborRead MoreAdam Smith and Karl Marx Essay831 Words   |  4 PagesAdam Smith, the father of economics, published The Wealth of Nations in 1776. Although it made little impact in its time, it conceptualised the economy in a radical new way: in terms of individual agents, acting out of self-interest. From an individualist perspective, he argued that people produced goods in order to make money, and made money in order to purchase goods they valued most. The exchange takes place in a market, where prices are set a ccording to costs and the demand for the good. ThisRead MoreAdam Smith and Karl Marx Essay2053 Words   |  9 PagesAdam Smith and Karl Marx Modern political economic theory and philosophy can be greatly attributed to the works of two men who seemingly held polar opposite views on the subject. Adam Smith, a Scottish philosopher, published his most well known work An Inquiry into the Nature and Causes of the Wealth of Nations in 1776 and is most often associated with the ideas and principles of the political economic system known as Capitalism. At the other end of the spectrum is Karl Marx; the German philosopherRead MoreKarl Marx, Adam Smith, And Andrew Carnegie1350 Words   |  6 Pages2015 Karl Marx, Adam Smith, and Andrew Carnegie The writings of Karl Marx, Adam Smith, and Andrew Carnegie all made significant impacts in society not only in their time, but continuing to this day. Marx shared is opinions on capitalism and his views of the progression of human society in his writing, The Communist Manifesto which he wrote with Friedrich Engles and published in 1848. Marx believed in the idea of a society with no capitalism and the abolition of the bourgeoisie. Adam Smith wroteRead More Adam Smith v. Karl Marx Essay2236 Words   |  9 PagesAdam Smith v. Karl Marx Being reared in the typical capitalist community in the United States, it is much easier for me to relate to the thoughts of Adam Smith. This is not to say that I do not agree with some of the precepts of pure Communism, but like the old adage says, Communism looks good on paper, but in practice, it is completely ineffective. Historically, this form of government does not tend to succeed because of many factors. Some of these include basic economic differences, individualism

Wednesday, May 6, 2020

Unit 024 Essay - 3963 Words

Unit 024- Promote child and young person’s development 1.1. When assessing development some factors need to be taken into account one of these is confidentiality, this means that you will need permission from a child’s parents/carers before doing observations, also when information is wrote down about a child is important that it is kept in a safe place were only the relevant people can access it. Also making sure that information about a child is only shared with parents/carers or colleagues and professionals that have the right to know. Another factor to take into account is a child’s wishes and feelings, this means to take into account the child’s wishes when doing an observation or assessment. The child may not want to be assessed at†¦show more content†¦And also children may be rehearsed and show better behaviour. Filming- For: More information can be gained as visual nature and sound is used. Against: Children may know they are been filmed and not act themselves or change behaviour or way of play. Also the observer chooses when to record and this time may not be the typical of that child. Sound recording- For: The child’s intonation and speech pattern can be accurately recorded. Against: Child may be aware that they are been recorded and also the observer chooses when and where which can also affect the way the child acts. Information from parents and colleagues- For: Other colleagues or parents may see the children involved in different situations or activities. Against: Parent or other colleagues may be bias. 2.3- Inclusive and person centred approach means that anything involving supporting or planning for that person means they should be involved were possible. When planning for a child it should be taken into consideration what is best for the child and also how it might involve or engage the child. This means when planning for a child it is important that we do not segregate them from others and think of ways in which we can involve others or ways to adapt a activity so that the area of development that needs support can be incorporated. I implement this in my own work by looking at an individual interests, and then when choosing or planning an activity I involve these interest soShow MoreRelatedNVQ3 UNIT 4222 205 HSC 0242661 Words   |  11 Pagesï » ¿UNIT 4222-205: Principles of safeguarding and protection in health and social care (HSC 024) Outcome 1: Know how to recognise signs of abuse 1. Define the following types of abuse: Physical abuse - Hitting, slapping, pushing, pinching, kicking and burning. Leaving people to sit in own urine and faeces and forcing them to eat or take medication. Sexual abuse - Unwanted advances, indecent exposure or harassment, rough washing or touching of the genital area, rape, being forced to watch or participateRead MoreUnit 024 Promote Child And Young Person Development Essay6079 Words   |  25 PagesCouncil policy for further information Reference your work so it is clear where you obtained the information Provide examples; this will help to show your understanding If you wish to cross-reference with other units, the information must be copied and pasted into the essay Unit 024 - Promote Child and Young Person Development Outcome 1 Be able to assess the development needs of children or young people and prepare a development plan 1.1 Explain the factors that need to be taken into accountRead MoreEssay about Unit HSC 024 Assignment safeguarding and protection4133 Words   |  17 Pagesï » ¿ Q 1.1 Define the following types of abuse: Physical Abuse Sexual Abuse Emotional/ Psychological Abuse Financial Abuse Institutional Abuse Self-neglect Neglect by others A 1.1 Physical Abuse is when, a person inflicts physical force that is non-accidental and results in pain, impairment or bodily injury. Sexual Abuse is direct or indirect involvement in sexual activities without consent. As well as being physically forced into sexual activity without consent. Emotional / psychologicalRead MoreImproving Quaity of Services in KENIKA Enterprises Essay556 Words   |  3 Pagespurposely designed for the elimination of those problems. We simulated a study to validate some of the assumptions made for the design of the new system. THE QUEUING SYSTEM Arrival rate is equal to the number of customers per unit time. Service rate is equal to the unit time per number of customers. Inter-arrival rate is equal to the interval time between two consecutive arrivals. 4. Resources: Interviewed the workers Interviewed the Operations Manager Observed the Facility Read Moreprinciples of safeguarding6778 Words   |  28 PagesSOC AND SOCIAL CARE HEA RE QUALIFICATIONS HE ALTH AND SOCIAL CARE EXEMPLAR SOCIAL CARE HEALTH A CANDIDATE WORK CARE HEALTH AND SOC TH AND SOCIAL CARE H UNIT HSC 024 Principles of safeguarding and protection in health and social care Unit HSC 024 2 Unit HSC 024 CONTENTS Introduction Page 4 Unit Purpose Page 5 Evidence for Learning Outcome 1 ACS 1.1 and 1.2 Commentary for Evidence for ACS 1.1 and 1.2 Read MoreHomoscedasticity And Cobility Analysis1170 Words   |  5 Pages-194 .846 -171 .141 Assessment .206 .024 .233 8.488 .000 .158 .254 Strategic planning .212 .028 .240 7.646 .000 .156 .268 Strategic objectives .194 .025 .227 7.828 .000 .145 .243 Strategic mapping .232 .022 .295 10.654 .000 .189 .274 Performance m. .103 .024 .133 4.294 .000 .055 .150 Strategic initiatives -016 .019 -017 -815 .417 -.053 .022 Automation .030 .026 .026 1.149 .252 -.021 .081 Cascading .052 .027 .027 1.920 .057 -.002 .105 Evaluation .024 .026 .026 .909 .365 -.028 .076 Source:Read MoreBea Associates4604 Words   |  19 PagesHarvard Business School 9-293-024 Rev. December 16, 1994 BEA Associates: Enhanced Equity Index Funds On the afternoon of July 13, 1992, Messrs. Jeffrey Geller and David DeRosa, derivatives portfolio managers at BEA Associates, were considering alternative ways of investing the assets of a new $100 million enhanced index account. They wanted to find the most attractive combination of derivative and cash market positions to achieve the clients objective which was to outperform the SP 500Read MoreMs Lou1635 Words   |  7 PagesUnit Title: Unit sector reference: Level: Credit value: Guided learning hours: Unit expiry date: Unit accreditation number: Principles of safeguarding and protection in health and social care HSC 024 2 3 26 31/05/2015 A/601/8574 Unit purpose and aim This unit is aimed at those working in a wide range of settings. This unit introduces the important area of safeguarding individuals from abuse. It identifies different types of abuse and the signs and symptoms that might indicate abuse is occurringRead MoreVisual Management, Single Minute Exchange Of Die ( Smed ) And Value Stream Mapping1576 Words   |  7 PagesInformation is available and easily understandable, each employee knows tasks and priorities, improve throughput efficiency, bridges information gap between employees and top management. This could come handy in a service firm as compared to a manufacturing unit where there are products being produced in a dignified order. VALUE STREAM MAPPING â€Å"Value stream mapping is a lean manufacturing or lean enterprise technique used to document, analyse and improve the flow of information or materials requiredRead MoreBusiness Admin L3 Essay6547 Words   |  27 Pages............................................................................. 4 ï  ± ï  ± ï  ± ï  ± 2.1 Accreditation Industry Support for these Qualifications ........................................ 4 2.2 Achievement of the Qualification/s ‘Stand Alone Units’......................................... 4 2.3 Relation to Other Qualifications............................................................................. 5 2.4 Qualification Support Materials ...................................................

Similarities Between Civilizations And Ancient Civilizations

Although the Mesopotamia civilization was thought to be located in between the Tigris and Euphrates river , which is now west of Iraq , and the Indus Valley civilization was thought to be located near the Indus Valley , now New Delhi , India , these two civilizations have many similarities and also many differences . These specific similarities and differences range from location , religion , way of life , types of governments , political structures , social structures , intuitions and many more . Both civilizations are considered to be ancient civilizations , meaning , based on the free dictionary* , the history of an ancient world from the earliest known civilizations to the collapse of the Western Roman Empire in 476 a.d . In this essay I will explain and inform , you the reader , about the similarities and differences between these two civilizations . The first known civilization in the Fertile Crescent was uncovered in the 1800 s in Mesopotamia . The Tigris and Euphrates river s define Mesopotamia , which means , between the rivers , in Greek. This civilization is known for many things , but one of the main things they are known for are creating the first writing systems. Their form of writing , cuneiform , used different pictures to represent various objects but soon shifted to the use of geometric shapes to symbolize spoken sound. Also using judicial literature , one of Hammurabi s code of laws , and tipped literature stylus for writing , or recordShow MoreRelatedSimilarities Between Ancient And Ancient Civilizations950 Words   |  4 Pagesand Egyptians all prospered from the great rivers which their mighty civilizations once resided by, earning them the title of river valley civilizations. These civilizations grew thanks a lot to their riverine environments and as a result of this fortune were able to advance skills, pursue knowledge, and develop culture. Ancient cultures such as the Sumerians, Babylonians, and Egyptians made a variation of i nfluences to civilization. All Sumerian sculpture served as adornment or ritual equipment forRead MoreSimilarities Between Egypt And Ancient Civilizations1727 Words   |  7 PagesThroughout human history we have had government. Almost every civilization that humans have founded over the years has had some form of government. They include dictatorships, republics, oligarchies, and monarchies. Monarchies have been a common one through history. A monarchy is a form of government in which a country is ruled by a figured such as king or emperor. Since it was created many different forms of monarchy developed as different civilizations changed it to meet their needs. They changed the rolesRead MoreSimilarities And Differences Between Civilizations, Mesopotamia And Ancient China868 Words   |  4 PagesMany of the early world civilizations had similar experiences when evolving to become the influential societies that affected other societies. They were called the first civilizations be cause they were able to form the first functional communities, successful systems of organized laws over people, the distinction of social classes, economic income, and development of arts and educations. Two of histories well-known civilizations, Mesopotamia and Ancient China had similar experiences in the beginningsRead MoreAncient China Versus Ancient Greece Essay1008 Words   |  5 PagesAncient China Versus Ancient Greece Ancient China and Ancient Greece were two vastly different civilizations with different cultures; they shared a multitude of similar political, economic, and philosophical achievements while also inholding multiple differences. The centralized government of China differed from the independent city-states of Athens. A similarity that both civilizations held in regards to politics would be the role, or lack thereof one, that women played within their respectiveRead MoreSimilarities Between Ancient Egypt And Mesopotamia951 Words   |  4 Pagessocieties would form and later become civilizations. Two of the earliest considered civilizations in human history are Ancient Egypt and Mesopotamia. However, because of the different geography, exposure to outside invasion, influence, and beliefs, Ancient Egypt and Mesopotamia came to not only contrast in political and social structures but also share similarities in them as well. When it came to the development of Ancient Egyptian and Mesopotamian civilizations politics played a prominent role inRead MoreEgypt And Mesopotamia Similarities984 Words   |  4 Pageswhat ways were the civilizations of Mesopotamia and Egypt alike? In what ways were they different? What accounts for these similarities and differences? Mesopotamia and Egypt were the first known civilizations in history. While maintaining separate identities, they still managed to have a vast number of similarities. Differences that go beyond general location were also very prevalent between the two civilizations. One of the biggest similarities between the two civilizations is that they bothRead MoreAncient And Modern Day Olympics1335 Words   |  6 Pageswestern civilization, and it is one of the many parts given to us by Greek and Roman civilizations. The extent at which the various civilizations have been influenced can be seen through the similarities and differences between the ancient and modern Olympics. For example, women were not allowed to participate in the ancient Greek games. On the other hand, many of the events that took place in the ancient games are similar to the ones in modern day Olympics. Greek and Roman civilization has contributedRead MoreComparing The River Valley Civilizations1509 Words   |  7 PagesComparing and Contrasting River Valley Civilizations In the following treatise, the research that will be presented will provide criteria involving similarities and differences in three attributes of life in the four primary river valley civilizations. The river valley civilizations are composed of Mesopotamia, Egypt, the Indus Valley, and China. While each of these civilizations is unique in their habits and traditions, they share many similar qualities. For this work to be as comprehensive asRead MoreThe Old Testament And The Ancient Near East1543 Words   |  7 PagesTHE OLD TESTAMENT AND THE ANCIENT NEAR EAST I. Summary of Scholarly Debate Looking back, we can see glimpses of the lives of those who lived in the Ancient Near East, known as the ANE, through their stories and myths that have survived over centuries of time. Many of these stories contain unique elements that make each one personal to the civilization that they belong to, but there are common themes and ideas that are virtually shared between the traditional stories stemming from this region ofRead MoreThe Rise Of Civilizations On Egypt And Mesopotamia1530 Words   |  7 PagesThe rise of civilizations in Egypt and Mesopotamia occurred around the same time and the environment and natural forces affected the similarities and differences in social, political, and economic stability. There were many similarities and differences between both of these countries as well. In both cases, it was the river valley and geography that affected the agriculture, religious views, and government structures. The Mesopotamian and Egyptian civilization developed in the Midd le East and were

Money And Capital Financial Market Analysis - Myassignmenthelp.Com

Question: Discuss about the Money And Capital Financial Market Analysis. Answer: Introduction The purpose of this report is to highlight on the Ponzi Scheme and the case on the Bernard Madoff relating to this scheme. This study exploits the Ponzi scheme crash for estimating the impact of negative economic shocks on the criminal result. Ponzi scheme refers to the financial scheme created in the year 1920 and has been named after Charles Ponzi in the US. This scheme offered high returns to the costumers with the aim Doubling the cash within three months. This paper also elucidates on the findings of institutions and investors impacted. The outcome of this case in terms of recommendation and implication for future is also discussed in this report. Ponzi Scheme Ponzi Schme is basically a fraudulent investing scam that promises higher return rates with less risk to the investors. In this scheme, the returns are usually paid to the depositor either from their own cash or from the money paid by subsequent investors (Frankel, 2012). The organization that is engaged in this Ponzi scheme focuses to attract new clients for making investments. This new income has been utilized in paying returns to the investors, marked as profit from genuine transactions. This scheme mainly relies on the constant investment flow in order to give returns to older depositors. There at times when these schemes commence operations in terms of rightful investment vehicles that includes hedge funds. This hedge funds easily degenerate into Ponzi scheme if they fail in legitimately earn expected returns (Rantala, 2012). The investors within this scheme might face huge difficulties when they try to take money out of investment. Even the promoters tries to reduce withdrawals by providing new plans to depositors in which the cash cannot be taken out for specific time period in exchange of higher returns. Bernard Mandoffs financial fraud had been one of the biggest lasting Ponzi scheme. He implemented same strategy as that of Charles Ponzi (Aliber Kindleberger, 2015). As former chairman of NASDAQ stock market and founder of wall street firm, he had drawn promising result and also guaranteed proper rate of return. He did not disclosed the origin of money that came in business and went. Background of the Bernard Madoff case Bernard Madoff had started his organization in the year 1960 as stock trader with the total amount of $5000. His business started to develop by taking assistance from accountant. Madaff operated Ponzi scheme under the investment advisory business for near about 40 years. He took the assets of clients, transferred their cash to his personal accounts and even mailed fictitious statement of their account for hiding ruse. However, when his clients withdrew their funds, he utilized obtained capital from other depositors in paying out redemptions. Madoff sold his commodity to his clients as hedge fund (Deason, Rajgopal Waymire, 2015). Even he did not met with his investors and refused in divulging any data pertaining to his companys practices. In 1980, the market creator division of Madoff traded up to 5% of total volume that is made on NYSE. The scheme mainly began in 1990. In the early 1990, he suffered losses with European bank. Despite admitting this losses to his customer, he started in giving false returns. The analysis of Madoff case was basically performed by Markopolos, before this scheme collapsed. He started to send report to SEC in the year 2000 about the operations of Madoff. By the year 2005, Markopolos gave detail about Madoff fund in the letter to SEC titled The largest Hedge Fund is Fraud. The red flags reflected by Markopolos showed that the Madoff fund earned 16% average annual returns by applying strategy of spilt strike conversion (Kull, 2012). In the year 2008, he started to receive huge redemption amount from clients. In December 2008, the Madoffs firm faced $7 billion in request of redemption from investment , which did not exist. His brother and two sons engaged some of positions in Madoff organization. On 9 the December, he told his sons and his brother about the fraud and that his business was Ponzi scheme (Smith,, 2012). However, on 11th December 2008, he was arrested by FBI ( Federal Bureau of Investigation). On 12th March 2009, he plead ed guilty to 11 number of securities fraud and hence received 150 years of imprisonment. There were several factors that kept this scheme running for long time: Firstly, His firm aid in developing NASDAQ and was the biggest market marker. Moreover, the investors took him on trust. Secondly, The inspectors of SEC had conducted certain investigations, but did not check trades with their counterparties. Thirdly, Madoff offered 13% per annum returns in product market and told his customers that he generated returns with split-strike conversion strategy. Fourthly, he relied on feeder funds for steering investor funds, for which the investors were paid 1.5% per annum as management fee as well as profit share. Timeline of events YEAR BACKGROUND EVENTS 1960 Bernard Madoff starts trading operation named as Bernad Madoff Investment securities (BLMIS) 1960-1970 BLMIS had been known for creating third market trades, which uses creative computer technology as well as bypass NYSE in making markets. In fact, some of this technology had also been used to create NASDAQ. The corporation also started investment portfolio sector, where he managed cash for the investors. 1989 BLMIS handled 5% of the trading volume on NYSE. 1990 Bernard Madoff had been appointed non executive chairperson of NASDAQ. In this year, the investment accounts of the organization continued to develop and hence reported constant positive growth returns (Mauboussin, 2012). These investors involve hedge funds, pension plans, charitable foundations etc. 1992 Madoffs fame as investment manager becomes widespread in the nation. Owing to increase in his fame, Madoff had been asked to disclose his strategy that is described as split strike conversion. He created false account records for Avelliom and Bienes (AV) accounts reflecting profitable trade. YEAR CENTRAL EVENTS 1999 A portfolio manager (named Harry Markopolos) at trading organization in Boston had been asked by his manager in designing investment product, which could copy Madoffs success. After analyzing it, he concluded that Madoff could not earn the returns without any fraud. 2000 Harry filed complaint with Boston office of SEC (Securities and Exchange commission), but it does not take any action on this complaint. They was no clue that tip off was transmitted to SEC. 2001 Markopolos sent another report to SEC in order to undercover the evidences that Bernard Madoff had committed fraud. The enforcement director thought that they did not want further investigation. In May 2001, the feeder fund was called by Madoff for inspecting his assets and hence was shown bad trading records. 2002 Harry Markpolos met with the depositors in Madoffs fund who gave the information about Madoff that he was usually operating a Ponzi. Still there was no discernable effect. 2005 Another report was also sent to SEC by Markopolos that suggested that BLMIS is the Ponzi scheme (Moore, Han Clayton, 2012). Two SEC had spent long time in examining his records. After investigating it, SEC does not find any proof of fraud and hence this case wounded up in this year. In September, the bank had asked KPMG to see operational risk of his business. This report outlined several possibilities that include fraud. In October , SEC chief person spoke to Harry but still was not influenced by him. In fact, SEC team thought that it might good idea for ascertaining the counterparties to reported trade. 2008 In March, HSBC bank had asked KPMG in undertaking further risk assessment of doing business with Bernard Madoff (Pozza Jr, Cox Morad, 2012). In August, risk officer of Fairfield Greenwich conceded that few aspects of his operation remained unclear. He also told his two sons as well as his brother that his business was a Ponzi scheme and hence was unable in fulfilling the request of his clients. His sons also reported this revelation to the authorities. On the 11 th December, Madoff had been arrested with securities fraud. YEAR AFTERMATH Janurary, 2009 The customers of Madoff began filing claim against BLMIS February, 2009 The customer account of Madoff had been released 12 March 2009 Madoff had been pleaded guilty to 11 federal states that he was the only person responsible for fraud. As a result, he was sentenced prison to 150 years. Findings of institutions and investors affected Madoffs fraudulent firm affected biggest international banks, charities, hedge funds, investors and other institutions. Owing to loss of trust, the investors exposed to this scheme moved their fund out of any risky assets into the bank accounts (Dodge Steele, 2015). Even the loss from this scheme was mainly felt in Jewish community and charities and hence they were forced in cutting back operations. One of the investors who lost $1.4 billion in Madoffs Ponzi scheme committed suicide. In addition, several financial institutions had shut down as they lost huge endowments. HSBC had been emerged as the biggest victim of this scheme, which lost more than $1 billion. As a result, this bank collapsed as their client suffered from huge losses. Thus, all the victims underwent huge trauma owing to this Madoffs Ponzi scam. Outcome of the case in terms of recommendations and implication for future The outcome of the case was that Mandoff was imprisoned for 150 years and was forced to surrender $170 billion in the year 2009. His three residents and all accessories were auctioned off. Even the employees of Mandffs firm, who were found culpable for their work in Ponzi scheme also imprisoned for 30 years. The recommendations and implication for future regarding this case are illustrated below: The firm must hire ethical minded staffs, promote their core values, staff Chief compliance officer and have good business culture for avoiding fraudulent schemes as of Mandoff. The accounting practices in the company should also be transparent and all transactions in business must be publicly revealed (Freshman, 2012). It is suggested that the investors must also perform detailed research before making investment in any fund or scheme. The organizations must always check the credentials of the financial adviser and hence must be sure that the adviser is legit. This can help the firm in avoiding Ponzi scheme. On the utilization of advanced technology in firm, the investors must carefully inquire about these particular systems as well as infrastructure that is to be used for securing and protecting their assets. Reducing the chance of occurring again The ways of reducing the chance of occurring Madoff scam again are given below: A well defined investment strategy should be determined when writing it to specific clients The financial statement must be audited if the fund has been registered as well as regulated by SEC GIPS (Global Investment Performance Standards) must be determined as it includes accurate depiction of historical performance of clients. Each firm must adopt this standard for receiving honest reporting as well as accountability. The present prospectus and outline of companys assets under management, risk taken must be checked in diligence process (Levmore, 2012). However, these documents must include details regarding investment valuations especially the investments that have been not traded in current market. Conclusion From the above study, it can be concluded that Mdoffs scam had not adversely impacted all victims including investors, organizations, charities etc. It has been seen from this scandal that due diligence of auditors is vital than relying on others opinions. One of lessons that this scheme had taught the investors was that this Ponzi schemes might be legitimate. The auditors must also make certain that the management of the company had conducted test on risk assessment. In fact, they are also responsible for examining management risk evaluation. While dealing with the companys financial reports, they should be sceptical about internal control system as well as business risk that might lead to material misstatement. They should also report the companys management about fraudulent action taken place in business. References Aliber, R. Z., Kindleberger, C. P. (2015). Bernie Madoff: Frauds, Swindles, and the Credit Cycle. InManias, Panics, and Crashes(pp. 143-182). Palgrave Macmillan, London. Deason, S., Rajgopal, S., Waymire, G. B. (2015). Who gets swindled in Ponzi schemes?. Dodge, M., Steele, S. (2015). A comprehensive framework for conceptualizing financial frauds and victimization.The Routledge International Handbook of the Crimes of the Powerful, 289. Frankel, T. (2012).The Ponzi scheme puzzle: A history and analysis of con artists and victims. Oxford University Press. Freshman, A. (2012). Financial disaster as a risk factor for posttraumatic stress disorder: Internet survey of trauma in victims of the Madoff Ponzi scheme.Health social work,37(1), 39-48. Kull, A. (2012). Common-Law Restitution and the Madoff Liquidation.BUL Rev.,92, 939. Levmore, S. (2012). Rethinking Ponzi-Scheme Remedies in and out of Bankruptcy.BUL Rev.,92, 969. Lewis, M. K. (2012, December). New dogs, old tricks. Why do Ponzi schemes succeed?. InAccounting Forum(Vol. 36, No. 4, pp. 294-309). Elsevier. Mauboussin, M. J. (2012).Think twice: Harnessing the power of counterintuition. Harvard Business Review Press. Moore, T., Han, J., Clayton, R. (2012, February). The Postmodern Ponzi Scheme: Empirical Analysis of High-Yield Investment Programs. InFinancial Cryptography(Vol. 7397, pp. 41-56). Pozza Jr, C. L., Cox, T. R., Morad, R. J. (2012). A Review of Recent Investor Issues in the Madoff, Standford and Forte Ponzi Scheme Cases.J. Bus. Sec. L.,10, 113. Rantala, V. (2015). How do investment ideas spread through social interaction? Evidence from a Ponzi scheme. Smith, F. (2012). Madoff Ponzi Scheme Exposes the Myth of the Sophisticated Investor.U. Balt. L. Rev.,40, 215.

Tuesday, May 5, 2020

Fiction and Short Story Twins free essay sample

The short story â€Å"Twins† is written by Eric Wright. Initially, the short story seems a bit confusing, but when you read the whole story again, it will give you a better understanding of what it is all about. This is the detective novel. In the next few paragraphs, the short story summary, will give readers a better understanding of how this story is all about. The story was in the 1990’s, the place is in Toronto, Detroit and Sudbury all at different times in the story. Have a husband and his wife taking a trip and they live in the motel. At the beginning they are mood is dark and terrible. The husband said the sky is gray. I think this reflect his mood is terrible. In the short story is Twins, by Eric Wright. It’s a mystery story. This story is very mysterious. At the beginning of short stories Twins, the characters and what kind of story will reveal its main idea. We will write a custom essay sample on Fiction and Short Story Twins or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This is the story of an event becomes complex, a bit difficult to understand, because the way you see the story of S is to change. In the story of the conflict / problem emerge. Basically, the story is about a married couple, the husband likes to draw out his story, saying them to his wife. One day, he tried to use what had happened, he made up the story to kill his wife, but there is a twist that his wife killed him There are two narrative styles between the two parts of the short story Twins. It begins by the husband telling his wife about the plot, and then the plot actually carrying through. The second part of the story is where the plot carries out. Everything the husband described to his wife about his crime novel was actually what he was going to do to her. At the start of the novel, the wife did question him a lot. This lead to the plot being real, and working out in their lives. It was effective to show that the plot was not confusing, and could work out in the real world. Having the two different narrative styles throughout the short story Twins was effective in that it gave the reader an outcome they were not expecting as well as a twist that made each part work together. I like it, because the plot is good. The story is breathtaking and mysterious. But I dont like it, because the plot is woeful and unhappy. I also dont like the fact that its between husband and wife. I thought this was a well written dark, ironic story of deception. It had great imagery like the description of the setting sun and the mineshaft and it had a strong conclusion. However the ending was a little confusing when stating Harrys wife was successful in murdering her husband. In the beginning of the story she is portrayed as simple minded, or passive. But when she ends up murdering her husband, she shows little remorse and is seen as ruthless, and plotting, but still somewhat hopeful that she was wrong. Harrys character was very plotting, however he severely underestimated his wife.