The Birth of Modern Politics - 1701 Words

There are thousands of years of history that have taken place. History is not like art(less subjective), but there is still plenty of room for speculation, criticism, and debate among historians, professors, as well as average citizens. However, not all these moments are documented, or done successfully specifically. Some of these moments end up becoming movies, books, or even historical fiction novels, but what about those fundamental moments that aren’t readily documented? In the book The Birth of Modern Politics Lynn Hudson Parsons claims that the 1828 election was momentous in the history of both political history, as well as our nation. Parsons not only discusses the behind the scenes of the first public election of 1828, but the†¦show more content†¦Parson continues on by discussing the presidential election of 1796, in which the first reference to republicanism was made and that for the next half-century politicians strived to in fact discover what this really meant to the American people. At this point in the book Parsons is specific in breaking down the first party system of the Federalists and Democratic Republicans. This crucial moment would later play in the election of 1828, as Jackson and Adams were different political parties. This is also one of the first political differences between Jackson and Adams discussed by Parson. In 1780, John Adams declared that â€Å"a division of the republic into two great parties, each arranged under its leader†¦this in my opinion, is to be dreaded as the greatest evil under our Constitution† (Modern Politics, 2009). On the flip side, we also learn about John Quincy Adams who like Jackson studied law. Unlike Jackson, however, Adams â€Å"hated the law or the practice of it† (Modern Politics, 2009). Adams spent most of his â€Å"spare time in Boston writing newspaper essays defending the Washington administration† (Modern Politics, 2009) while Jackson enjoyed â⠂¬Å"cock-fighting, slave-holding, and horse racing† (American Politics, 2009) in his. As the reader continues on to Chapter 2 in The Birth of Modern Politics, Parsons contrasts Jackson and Adams political differences and accomplishments. One of Adams creditable accomplishments included President MonroeShow MoreRelatedAnalysis Of The Movie Birth Of A Nation 803 Words   |  4 PagesGive a description of a scene that incorporates a more modern language of filmmaking via shots, lighting, editing. â€Å"Birth of a Nation† has a lot of scenes the movie itself is 3 hours long however in one specific scene D.W. Griffith manages to incorporate many modern filmmaking techniques. The scene in which Flora goes to retrieve water and is abruptly met by Gus incorporates many modern techniques. In this scene we see the use of close up shots to focus on character reactions from both Gus andRead MoreAgrippina Influence1557 Words   |  7 Pageswealth and a son to be heir of the throne. The Julio-Claudian dynasty ran strong before and after the birth of Agrippina. She was born into power in 15 AD. She was a direct descendant of respected Augustus and was the daughter of the most popular couple in Rome, Germanicus and Agrippina the Elder. â€Å"Agrippina’s exceptionally illustrious birth is indisputable† (Tacitus, Annals. XII.6.p.254) Her birth into the Julio-Claudian bloodline meant that Agrippina was born into wealth as her family was a nobleRead MoreArticle Analysis: Birth Control Review by Crystal Eastman Essay601 Words   |  3 Pagesarticle was originally published in a radical journal called Birth Control review. The source’s purpose was to inform women that, whether the law stated so or not, they had a choice as to whether or not to conceive a child. The purpose of the source is to demand that women take control of their bodies. â€Å"I would almost say, that the whole structure of the feminist’s dream of society rests upon the rapid extension of scientific knowledge about birth control.† (Eastman, Pg.510). Next, the original sourceRead MoreDemography s Classic Transition Theory1464 Words   |  6 Pageshigh mortality and high birth rates create slow population growth, which is considered a traditional society. The second phase is the transition where slowing mortality rates and high birth rates produce raid population growth. During this stage birth rate should begin to fall if the country is actively attempting to become a modern society. In the final stage low birth rates and low mortality rates bring the population growth back to a slow or stagnant pace, which is a modern society (Greenhalgh 1995:Read MoreThe Baroque Of Baroque Dance962 Words   |  4 Pagesdifferent contributors that created a historical permanence in the ballet genre we learn today. This will be an in-depth observation of the baroque era with several different subjects of the era’s spectrum. Baroque, its definition and relation to politics and culture and dance will be dissected. There will be an examinat ion of how and why baroque socialization happened. Details as small as clothing will be brought to light for even this has created a dent in history. There is a point to know and discussRead MorePolitics And Religion By Gerard Hauser1222 Words   |  5 PagesPolitics and religion have long been entangled in the United States. The United States has struggled with the question of how to maintain an appropriate combination of religion and politics in the public sphere for a long time. Gerard Hauser argues that public spheres are â€Å"discursive spaces where society deliberates about normative standards and even develops new frameworks for expressing and evaluating social reality†. Religion is part of the public sphere and has an influence in American politicalRead MoreThe On The Battlefield Of Equality1625 Words   |  7 Pagessuffrage and the advancement of birth control; these challenges led to an embracing of new ideas in fashion, sexuality, and equality. To begin, suffrage for women in America began in the mid 1800s and ended in 1920, when women in America were finally granted with this well-deserved right to vote. In America, suffrage began in the western state of Wyoming in 1869, where women had a slightly more equal role in the economy and were generally more accepted in politics and business (Streissguth 36). FollowingRead MoreMorality and Politics798 Words   |  3 PagesMORALITY AND POLITICS INTRODUCTION If we divide morality of an individual in two types- individual and public, then public morality comes in political morality. Public moralities have responsibility for welfare of other people and keep justice among them. On the other hand, an individual morality is personal views and ethics and this is not responsible for other’s welfare. When we failed to keep both kind of morality separate, then it affects other persons in a destructive way. Morality belongs toRead MoreThe Is Not Destroying American Culture1219 Words   |  5 Pagesto lie have grown exponentially, and ways to catch someone in the act have only been amplified. However, this is not all new to Americans. Since the birth of this nation, up to the present, and for the foreseeable future, the dance around truth and lie will continue. Everyone is a liar, but nobody wants to be called one. Contrary to the belief of modern naysayers, this philosophy has helped to shape and dictate American life and culture since the Founding Fathers first laid pen to paper for this nationRead MoreReligion, Culture And Politics Of Ancient Egypt Civilizations Essay879 Words   |  4 Pagesthe divergence of religion, culture and politics of ancient society. There were many great civilizations that sprang up and progressed through the ages. One of this civilization was the ancient Egyptian. The Egyptian civilizations settled on the bank of Nile river which influenced the settlers to advance in the social aspect of their lives. In ancient Egypt, ecology played in important role in the development of their religious beliefs, culture, and politics that still influence current societies

Symbolism in Yann Martel’s Life of Pi and Guy de...

One important element in a writing is symbolism. It can be shown in many different ways, but what exactly is it? Symbolism directs meaningful equation between a specific object, scene, character, or action and ideas, values, people, and the ways of life. In Life of Pi by Yann Martel, many symbols are used, the lifeboat, the tiger, the name of the tiger, and Pi himself. Each of those symbols are more than just a name or an object, they all have multiple meanings behind them. In â€Å"The Necklace† by Guy de Maupassant, symbols are also used to tell the story and give the story great significance. The necklace symbolizes more than just a piece of jewelry. It might be beautiful, but it was worthless In Life of Pi, the use of†¦show more content†¦During the short story â€Å"The Necklace,† the readers are suppose to gather by the end, that telling the truth always works out for the best. The necklace symbolized something expensive used to make a women look rich for a party and when the necklace was lost, the story began to unfold. The woman borrowed the necklace from a friend to fit in at the party. She enjoyed herself while she was at the party because the woman felt like she was suppose to be there, she finally fit in with the rich people. â€Å"She danced joyfully, passionately, intoxicated with pleasure, thinking of nothing but the moment, in the triumph of her beauty, in the glory of her success, on cloud nine with happiness made up of all the admiration, of all the aroused desire, of this victory so complete and so sweet to the heart of any women (7).† The woman was happy. Once she realized the necklace was missing, sheer panic set in, â€Å"She stayed in her evening dress, without the energy to get ready for bed, stretched out in a chair, drained of strength and thought (8).† From that moment on it was important to try and make enough money to replace that necklace. In all reality the necklace was fake and actually fairly cheap. By the time this was found out, the woman and her husband had already bought the necklace, had years worth of debt to pay for, spent 10 years working it off and lied about it the

Opportunity of Costs in Economics

Questions: 1. What is opportunity cost? Describe some of the opportunity costs when you decide to do the following?A. Attend college instead of taking of taking a job.B. Ride a bus instead of driving your car.2. Define prince elasticity of demand. How you will use it to define an 'inferior good'? Give two examples of an inferior good?3. In which market structure would you place each of the following products; monopoly, oligopoly, monopolistic competition, or perfecct competition? Why?A. Water and sewerage services B. Breakfast cereal4. Define discretionary fiscal policy? what is the relationship with automatic stabilisers?5. Explain the differences between demand pull and cost push inflation?6. Oil prices have risen temporarily due to political uncertainty in the Middle East. An advisor suggests,"Higher oil prices reduce aggregate supply. To offset this we must increase the money supply. Then the price level won't need to adjust to restore equilibrium, and we'll prevent a recession"?7. It is a role of every government to smooth the business cycle. Every economy faces different challenges including the business cycles that may emanate from the global market. Try to examine measures taken by the UK's coalition government in trying to ensure that the economy benefits every citizen and reduces overall burden of it (QE, Fiscal policy, Monetary policy, Multiplier effect)? Answers: 1. Opportunity cost can be defined as the value or benefit of something which must be given in order to obtain something else. Opportunity costs are regarded as the fundamental cost in Economics and are utilized in assessing cost benefit analysis of a project (Heymann and Bloom, 1990). These cost are not recorded in books of accounts but are recognized at the time of decision making. For example, if we have 30, then we can utilize it either for buying Economics book or eat a delicious meal in the restaurant. The opportunity cost of buying the test book is the restaurant that we cannot pay. A. The opportunity cost of attending a college instead of taking a job is the loss of the current income and the experience. B. The opportunity cost of riding a bus instead of driving your own car is the loss of freedom of staying alone instead of being crowded among strangers as well as loss of freedom to choose your own schedule. 2. Price Elasticity of demand can be defined as the measure of the relationship between the change in the quantity demanded of a particular good and a change in its price. It is used for discussing the price sensitivity in Economics (Boyer, Taylor and Imai, 1994). The price Elasticity of demand is computed by the following formula: Price Elasticity of Demand= percentage in quantity demanded / percentage change in price The above formula generally yields a negative value. For example, if the price of good X increases from 100 to 110 and its demand fell from 100 units to 80 units, then: % change in quantity of demand= (-20/100) 100 = -20% % change in price= (10/100) 100= 10% PED= -20/10= -2.0 It is important to note: PED=1 means unit elastic PED1 means elastic PED The price elasticity of demand for inferior goods is positive. This implies that when the price decreases, the demand of inferior goods decreases. Two examples of inferior goods are canned goods and frozen dinner. 3. (a) The market structure of water and sewage services is generally monopolistic. Monopoly is kind of market structure where there is only single producer. The water and sewage service industry are generally monopolistic because it is quite difficult to enter in the market. This industry does not generally have close substitutes (Heywood and Peoples, 2006). 3.(b) Oligopoly is the desired market structure for breakfast cereals. In this type of industry, producers somehow coordinate actions to avoid competing with each other. Oligopoly is the most prevalent market structure. The industries producing breakfast cereal do not consider the responses of their competitors while undertaking pricing decisions. 4. Discretionary policy can be defined as the macroeconomic policy which is taken in response to the changes in economy. They do not sallow a strict set of rules. Automatic stabilizers refer to the budget policy which automatically changes to stabilize fluctuations in GDP (King, 2006). When an economy goes through an economic fluctuation, the discretionary policy began to work. With discretionary policy, there is general time lag before an action could be taken. Automatic stabilizers exist before economic booms and busts wherein discretionary policy is created in responses to change in economy. There is negative correlation between automatic stabilizers and discretionary policy. 5. Cost-push inflation occurs when there is considerable increase in the price of important goods and services and there is no suitable alternative is available. The price of the good rises due to the disruption in supply (Berlatsky, 2013). Demand-pull inflation arises when the aggregate demand in an economy exceeds the aggregate supply. This causes inflation as the GDP rises. These two inflations can be distinguished on the basis of their causes. The effect of these two inflations is same, i.e., they increase the price level. Demand pull inflation is caused by excessive demand. This causes shortages and price rise (Rowlatt, 1992). On the other hand, cost push inflation is caused by disruption in supply. This disturbance of supply causes rise in the price of production leading to inflation. Demand pull inflation demonstrates the process of starting price inflation and cost pull inflation explains why inflation is difficult to stop. 6. Increase in prices cause the aggregate supply to decline. The increase in the prices of oil reduces the production cost and lead to decrease in short-run aggregate supply. With increasing the money supply, the price level would drop and GDP would increase (Sloman and Sutcliffe, 2003). This will cause an exogenous decrease in wage rate and an increase in the physical capital stock. The increased supply of money leads to the increase in labour and capital. With the help of more resources, it is possible to produce more final goods and services and hence the real GDP rises (Krugman and Obstfeld, 2000). 7. In UK, BOE has raised the selling of QE asset purchase program to 375 billion, most of which is used to purchase UK government securities. In the Euro area, ECB has introduced series of long term refinancing operations in 2008, two round of cover bound buying program in 2009 and 2011, an unlimited securities market programs in 2009 and 2011 as well as an open-ended outright monetary transaction in 2012 (Giudice, Kuenzel and Springbett, 2012). With the help of QE, Central Banks tries to enhance growth and bring down the problem of joblessness to reasonable levels and support the banking system to boost spending by pumping more money in the economy. When there are high levels of unemployment and the business cycle is not effective then the coalition government of UK can fuel the economy and provide benefit to the people by decreasing taxation. This will enable the consumers to spend money wherein increasing government spending in the form of buying services from the market (Harbury and Lipsey, 1993). With the help paying for such services, the government creates job and wages that are pumped into the economy. In this process, the level of unemployment will be reduced. The BOE can undertake monetary policy by regulating the cost and the supply of money and credit for the purpose of achieving socio-economic objectives of the country (Fender, 2012). The major aim of the monetary policy is to stimulate the process economic growth with a view to raise the income of the country. BOE has made allocation of funds to the various sector as per the priorities laid down by the plan and requirements of day to day developments. The monetary policy of BOE aims to control the prices and reduce the inflationary pressure in the economy (Walsh, 1998). References Berlatsky, N. (2013). Inflation. Detroit, MI: Greenhaven Press. Boyer, Y., Taylor, T. and Imai, R. (1994). The defence trade. London: Royal Institute of International Affairs. Fender, J. (2012). Monetary policy. Hoboken, N.J.: Wiley. Giudice, G., Kuenzel, R. and Springbett, T. (2012). UK economy. London: Routledge. Harbury, C. and Lipsey, R. (1993). An introduction to the UK economy. Oxford, UK: Blackwell. Heymann, H. and Bloom, R. (1990). Opportunity cost in finance and accounting. New York: Quorum Books. Heywood, J. and Peoples, J. (2006). Product market structure and labor market discrimination. Albany: State University of New York Press. King, R. (2006). Discretionary policy and multiple equilibria. Cambridge, Mass.: National Bureau of Economic Research. Krugman, P. and Obstfeld, M. (2000). International economics. Reading Mass.: Addison-Wesley. Rowlatt, P. (1992). Inflation. London: Chapman Hall. Sloman, J. and Sutcliffe, M. (2003). Economics. Harlow, England: Prentice Hall/Financial Times. Walsh, C. (1998). Monetary theory and policy. Cambridge, Mass.: MIT Press.