Leaving policy issues to the states Leaving policy issues to the states has several advantages as well as disadvantages. The first advantage of this act is concerned with the laboratories of democracy. This means that leaving policy issues to the states increases their level of innovation and their ability to solve major problems by themselves. The second advantage is the fact that through this action, the notion of the state becomes closer to the people. The leaders become more accountable to their people because they understand them better. As far as the disadvantages of leaving policy issue to the states are concerned, there is the inequality between different states as some are rich while others are poor. The poor cannot deal with some issues appropriately as it is the case with well-established states. Secondly, it leads to a lack of protection to minority groups. Leaving policy issue to the state government, thus interferes with the uniformity maintained in the case of the federal government. In my opinion, essential policies such as education, health care and security should be managed by the…
The making of Asian America by Elika lee The third chapter of the book the making of Asian America by Elika lee shows the nation of America in the war of the world. The writer of the book illustrates the impact of the Second World War and the cold war in the early years on the various Asian American communities. The whole of this section has an aim to describe shameful internment of generations of Japanese American people,LatinAmericans and t Canadians under the subject of the necessity of the military during the war that was held by the significant figures in the southern and the other parts of American government in thosetimes. Looking more profound than the Second World War, the American Japanese were being regarded as the corrupt Asians, and the other Asians minorities were referred to as the good. In comparing these groups, Lee shows how the social and political status of Asian Americans wasdestroyed by the changes that were of the political concerns and the agents of the war. Most notably, the writer highlights the argument that…
The caring and forgiving Jesus Jesus, I am that shrub that provided the thorn to prick you, I am the sheep that provided the skin to prepare the whip that did beat you, contained the bones used to make the strap more efficient. I am the metal that provided shackle used to seize you, beads for agonizing you, the chain that tied you for scourging, that made a hammer for nailing you on to the cross, the nail that fixed you on the cross, the arrowhead for spearing you. All this is that i may mock you more. I am the tree that provided the timber for the cross and the clubs that you may not die peacefully. I am the gland that provided saliva to spat on you, wet mouths to mock and deny you, to sentence you to death, to accuse you falsely, shouted: “crucify him.” Go…d! Why do you love me? Jesus, I am the hand that received the 30denariis as the price of a slave, the one that held the shackles when seizing you, the clubs…
The unity of belief and purpose in America The unity of belief and purpose in America remained challenged. In this context, it was not easy to unite people in American colonies, as some states were hostile to people who exhibited radical political and religious stances. For instance, Anne Hutchinson was subjected to numerous tribulations; when it was discovered that she was spearheading a series of religious meetings in her home. “She charged that nearly all the ministers of Massachusetts were guilty of faulty preaching,”[1]. Additionally, she also challenged the widespread perception that salvation was earned through good works- instead of asserting that it was a direct gift from God. Societies that eventually accommodated people from diverse racial, political, and racial backgrounds spearheaded success in American colonies. Roger Williams devised a way to assist Indians; through learning their language and promoted their access to land and other forms of justice[2]. Therefore, instead of seizing land, it would be bought at fair prices. After a series of persecution of Protestants, Quakers, and Baptists, the State of Maryland opted to enact a law of…
The hair Hair plays a more significant role in portraying the image people see. Hair has a sense of image, it has been recognised as a tool of political statement. Many black women struggle with the issue of hair appearance;hence it is considered as one of their weakness in politics.There is a need for all black Americans to accept the fact that as much as they are different, they have the same rights as the other races. Taking themselves will be the first step for them being winners in politics.If black women want to win in politics, then they should be confident with their hair and skin colour. Through accepting the image of their hair,being confident, and being courageous to face criticism, black women will show the world a positive political statement. Here is the importance of accepting the image of their hair, “Though today the Afro has a less political meaning, in the late 1960s it was associated with both a movement and a black woman. The movement was black power…” (Banks 15). It shows how the style of…
Policy Brief on effects of investment to the governor and staff of the Bank of Canada Introduction In order to stir or slow down economic growth, the Bank of Canada manipulates the interest rates, by either increasing or lowering it, therefore, curtailing investment or encouraging investment in the process. However, there have been growing debate whether interest rates manipulation by the Bank of Canada affects investment in the country. According to an analysis by the Economist, although interest rates movements play some role in the investment of firms in the economy, factors such as profitability and value of shares play a much bigger role than interest rates[1]. Therefore, government measures such as tax rates and regulation affect investment of firms more than interest rates due to their direct impact on the firm’s profitability and value of shares. This policy brief will provide a comprehensive analysis of the effects of investment to the governor and staff of the Bank of Canada by focusing on the effects of demand shocks and the level of monetary policy aggressiveness. Monetary Policy Implications Short-term output…
Somalia Currency The official currency of Somalia from the year 1962 has been Somalia Shilling, and its symbol is Sh.So. The currency ranks as one of the worst currencies globally, and its exchange rate against the U.S. Dollar is significantly high. Currently, 1 Somali Shilling is equal to 0.0017 US Dollars (X.E., 2020). Major Economic Features Since Gelayadh came into power in the year 2000, the population of Somalia has been steadily growing at 3% per year. In the year 2020, the population of Somalia is estimated to be at 15.89 million, an increase from the 2013 value of 10 million (World Population Review, 2020). Somalia is quickly growing with up to 3% annual growth in population and a fertility rate of 6.26 kids per woman, the fourth largest globally. Its population size ranks its 73rd globally (World Population Review, 2020). The Somalia population is majorly young, with 42.87% of the population aged between 0 and 14 years. In the 0-14 years age bracket 2, 410, 215 are male, while 2,416,629 are female. The second-largest age group is the 15-24…
China and Japan have been at the forefront of Fintech expansion and innovation. How has the Fintech sector transformed all segments of the banking industry in Asia? Fintech aims to improve the delivery of financial services by eliminating traditional financial methods. Fintech aims to achieve this through the incorporation of technology is an industry that can be described as continually emerging and evolving. Modern technology incorporated includes the use of smartphones to perform activities like mobile banking as well as the use of the cryptocurrency that makes financial services accessible to people locally and globally. These two countries China and Japan, have been at the forefront of the innovation and expansion of the Fintech technologies. In the two countries, Fintech influence continues to increase, and projected numbers show an increase from $26.67 billion to over $55.33 billion. Despite these markets being volatile, China and Japan have invested in modern technology that helped them continue to achieve success locally and globally. Through such success, many investors realize the benefits that financial technology can bring to businesses in both developed and developing…
Types of primary users Companies are known to be associated with many transactions. These transactions occur daily in both private and public companies, and financial statements are prepared.This paper will focus on FASB staff assessment to answer how and why the user needs of private company financial statements differ from those of public company financial statements, how the benefit of cost considerations of financial reporting may be different between public and private companies. One of these significant factors is the number of primary users and their access to management. Another crucial factor is the investment strategies of primary users. The assessment will identify five significant factors, but two of the five will be mentioned in this research. In varying degrees, these two factors aim to differentiate the financial reporting considerations of public companies from those of private companies. Many primary users and investment strategies are different from publicly-traded companies. There are various types of primary users; these include investors, lenders, and other creditors. This number does not vary significantly between companies in the public and private sectors. However, the number…
Electronic payment system Chapter 2 Introduction This chapter is going to give an outline of the literature concerning the electronic payment system and how this advanced system has been used in the market. The research theories presented in this chapter are based on a review of various theoretical models. The chapter also discusses how the revolution in technologies has facilitated the expansion of the cashless transaction systems and the inception of new types of payment instruments. This research subject is based on a review of various literature on previous research. Theories suggested in this study are to show the superiority of the electronic payment system over the conventional method, how it is regarded as a cost-effective alternative to cash for small-value transactions, and as a convenient medium to pay over the internet. At the end of the chapter, hypotheses to the study will be developed for analysis and recommendations to be made. Defining Topic The cashless transaction system is a payment method that involves the transaction of goods and services without cash but preferably through electronic transfer or cheque payment…