Sunday, December 15, 2019
Television and Radio Is Important to Social Media Today Free Essays
Television and radio is important to social media today Anthony D. Alexander, Jr COM155 Nov 24, 2012 Instructor Iaccino Television and radio has been the engines for all social media invention today. Some argue that television and radio is no longer important to social media, people believe they donââ¬â¢t have a need for television and radio since the Internet, cell phones and many more. We will write a custom essay sample on Television and Radio Is Important to Social Media Today or any similar topic only for you Order Now Television and radio playââ¬â¢s a sufficient role in everyday life, rather if you use it or not. Without, television and radio there would be more people not employed. Television and radio have many of the same capabilities, but they are also different in many ways, both are very important for today social media. Television and radio has been the source to allow the many social inventions to happen today. There couldnââ¬â¢t be any Internet, cell phones, and smart phones, smart TV, broadcasting news, and many more. Television and radio has paved the ways for many other media today. There are people who get up every morning preparing to go to work, which they would get dress and brew their coffee and hope in the car and turn on the radio: rather if it for news, weather, and nationwide morning shows: or while getting dress they turn on the television to catch some of the local or nationwide news, entertainment, and the reality show they recorded last night. Although, many donââ¬â¢t do this, but some do and thatââ¬â¢s why television and radio still have the same value today as the past years. Some argue that television and radio is no longer important to social media, people believe they donââ¬â¢t have a need for television and radio since the Internet, cell phones and many more. Some believe the value of television and radio has extinct and no one needs it for social media today. I have asked many people if they feel this way and the majority responses where ââ¬Å"I donââ¬â¢t watch TV that often and some said they ââ¬Å"donââ¬â¢t have a care to listen to radioâ⬠. Many people donââ¬â¢t think of how much they really use television and radio while completing my resource and asking people question about television and radio and them to compare and contrast was very interesting. By asking them these question it brought up how important both are, and how they compare and contrast. Television and radio playââ¬â¢s a sufficient role in everyday life, rather if you use it or not. Television and has many comparisons: they both open the door for many other social media, they both have electrical cords that plugs into a outlet, both can be use portable, both give you news, entertainment, live broadcasting, both can be used by a remote, both have speakers, both plays music, and many more. Television and radio both are also very different like: television shows a picture with voice which radio only have the voice, radio has sound waves that could be pick up anywhere and television canââ¬â¢t. This is what makes radio so important, many of us has family and friends thatââ¬â¢s fighting for our county and who is not able to watch the television to see what going on in the news, politics, sports or weather reports. Television allows a person to watch and listen, once a pond a time this was far fetch. Years ago you couldnââ¬â¢t tell people that we would be able to watch a picture on a little box (now big boxes). Television shows you different events, entertainment, also news and live broadcasting from all over the world. Radio works in underwater ships, and in the rain forest where there is no television. Television is one of the most expensive ways of social media, and radios are giving away free if you are able to find the right place. We would be nowhere without television and radio. If it wasnââ¬â¢t for television and radio, we would not know who the president is and doing for our country, if not for radio how would we known when Martin Luther King, Malcolm X, President Kennedy where killed, if it wasnââ¬â¢t for television how would we known and seen the OJ Simpson, D. C. murder trails, the massacre that took place at Columbine high school or the killing of Osama Bin Laden. Without, television and radio there would be more people not employed. Television and radio formed the word ââ¬Å"celebrityâ⬠there would not be one if not for television and radio. Today there are many of actors and actress, sports players, musicians, advertisement companies, Wall Street or inventions such as computers, smart phones, Internet, cable, satellite television and radio, game systems. These items came from the root of television and radio, without these we would have no social media today. From the root of television and radio we have one of the largest social media sites there is Facebook. Facebook still incorporates television and radio every day, with advertisement on the radio and television, plus Facebook also filmed a movie about how Facebook started. Facebook would not have been what it is today if it had not utilized the pioneers which are television and radio. Now, you can connect with all social media through your smart phone. Smart phone has a radio, television, and the Internet. Smart phone allows you to select application where you can do much more than a television and radio, but all are stems to the root of television. Television and radio have many of the same capabilities, but they are also different in many ways, both are very important for today social media. Television and radio has shown why they are the pioneers of social media, no social media could have ever been possible without television and radio. Television and radio should be important to your social media, The lack of television and radio means no information for use. I was one who never cared about television or radio, until I went a week without the booth and I thought I was clueless to the world. How to cite Television and Radio Is Important to Social Media Today, Papers
Friday, December 6, 2019
8220Explain the importance of preserving the healt Essay Example For Students
8220Explain the importance of preserving the healt Essay h and diversity of the worlds oceans8221Explain the importance of preserving the health and diversity of the worlds oceans. Our oceans are the most productive and more than likely the most helpful environment on the planet today. Oceans not only supply our ozone with life supporting oxygen, control the earths weather patterns, it also is home to over a million different species ranging from mammals, invertebrates, to microscopic plankton. The ocean is a very diverse environment and it is very important to keep the ocean and all off its creatures alive and healthy. There are many reasons for this, but the main reason is that what we do in our waters will directly effect the way we live. So lets start by taking a look at where we a get a major percentage of our food today. The oceans are being over fished and fish populations are dwindling more rapidly than ever. Many people dont understand the various consequences of this horrible dilemma which we face daily. The reasoning is that killing off the fish doesnt only effect fish but everything dependent on fish, such as humans, sharks, mammals and other types of fish. You can further understand this if you took a look at a food chain. Every creature is a link you remove one the chain is weak, and susceptible not to function properly. Oil spills and pollution can be the cause of death too much of the local marine life. An oil slick can cover up to 50 square miles polluting, and damaging all the ecosystems in which the marine life thrives killing thousands. All over the ocean surface and all over the land near the spill will be contaminated with crude oil ruin the lives of many of the animals near or who feed of the animals who were less fortunate not to make it out of the spill un effected. Even though oil spills are not an every day ordeal, the seepage of toxic chemicals and waste filtrates into our ocean with devastating results. When fish swim through chemicals their bodies dont repel them but rather absorb them contaminating them, making them a lethal weapon to humankind. If these fish were to get caught and sold at the market, anyone who bought and ate the fish could be in terrible danger of consuming toxic chemicals. But not all contaminated fish are caught. Some die shortly after contamination, and other drudge out the rest of their short lives in agony and possibility of infecting others of its kinds. Which in fact could cause a wide spread problem. As you can see from the few examples I have gave, and believe me this is just a few, that what we do in our oceans will more than likely come back and get us 2 fold of what we did to the marine life. The only difference is the marine creatures dont deserve it and never will deserve it for as long as mankind is here. Bibliography:
Friday, November 29, 2019
Mozarts Don Giovanni Essays - Operas, Drammi Giocosi, Don Giovanni
Mozart's Don Giovanni Giving Character's Character One of the most interesting challenges in operatic composition , is composing for all the specific characters. A composer has to distinguish between characters through his music. Jan can't sound like Fran , and Dan can't sound like Stan. Each character must have his or her own traits. Mozart's opera , Don Giovanni , provides us with many different characters to compare and contrast. One scene in particular lends itself to the comparison of Don Giovanni , Leporello , and The Commendator. Scene fifteen of Act two, places all three characters in close interaction with each other , making it easy to compare and find out how Mozart and his Librettist Lorenzo da Ponte brought them all to life. Lorenzo de Ponte's libretto provides the main character traits of Don Giovanni , Leporello , and The Commendatore. It gives an easy way of distinguishing between the characters. Don Giovanni is portrayed as being smart , charming , and brave , yet selfish , arrogant , womanizing , and pompous. We see all of these traits in the final dinner scene. These opposing traits set up a love hate relationship of Don Giovanni. Leporello on the other hand , is wimpy , subservient , nervous , and a bit dumb. He is often the butt of Don Giovanni's jokes , and is always being bossed around. He can be thought of as the comic relief of the opera. In the dinner scene we get a definite feeling of Leporello being a wimpy idiot. The Commendatore returns , after being slain by Giovanni , as a ghost. He is portrayed as being a mighty , powerful , and ominous. He tries to make Don Giovanni repent for all the terrible things he did. In the dinner scene he is truly a powerful being from beyond. His power is demonstrated when he sends Don Giovanni down to hell. The above character descriptions are what Lorenzo da Ponte set up for Mozart to compose his music to. We now can observer how Mozart used musical devices to give each character his own flavor. One area to compare is the rhythmic traits of each character's musical lines. Leporello's nervousness and fear in the dinner scene is exemplified through a very jumpy unsteady rhythmic vocal line. (ex 1) Mozart really makes his nervousness obvious by giving him notes no longer in value then a quarter note from m.425 to m.629. Mozart uses dotted eights to sixteenth notes to make his part especially disjointed. This creates the effect of someone shaking from fear as they are trying to speak. Mozart also uses a continuous triple pattern , which begins at measure 470 , to create a rambling effect. (ex 2) Leporello seems to have lost his sanity from fright of the ghost and is now babbling incoherently. Don Giovanni and the Commendatore have very different rhythmic vocal parts then Leporello. They are much more bold and brave then Leporello , so Mozart gives them a more solid rhythm. The Commendatore has the most stable part out of all of them. He has many whole and half notes. The stability of the rhythm adds to the confidence and power of his character. (ex 3) The only time his rhythm becomes quicker is when he is yelling at Don Giovanni to repent. Don Giovanni shares many similar rhythmic traits as the Commedatore , although it has a little more diversity. Don Giovanni shifts from being comfortable to uncomfortable throughout the dinner scene. Mozart appropriatly varies the speed of Don Giovanni's rhythm. An example of this occurs at measure 522. (ex 4) Previous to this measure, Don Giovanni has a stable rhythm with most words occurring on the strong beats. (ex 5) It abruptly changes to a short offbeat eight note figure. Rhythm is not the only musical area that Mozart crafts specifically for each character. He also uses certain melodic lines for each character. The Commendatore's melodic lines are the most striking. He often has huge leaps in his part , giving the listener a full dose of the impeding force he is. The space creates a feeling of something bigger and more powerful then a
Monday, November 25, 2019
Post Sigmoid Coletomy Care Essays
Post Sigmoid Coletomy Care Essays Post Sigmoid Coletomy Care Essay Post Sigmoid Coletomy Care Essay This paper will critically examine the care needs and management of Mr Braun. An appropriate framework will be used, namely the ABCDE. Alternative treatment will be analysed using the 5 WHs critical decision making too (Jasper, 2006)l. His care will be based upon the nursing process ensuring that patient outcomes are agreed, implemented and evaluated. The assessment framework to be used is this assessment is the ABCDE assessment framework. The ABCDE framework looks at Airway, Breathing, Circulation, Disability, and Exposure/Elimination. The reason for choosing this framework is that it uses a systematic method of assessing, it aids with elimination of post op complications. In addition, it is a commonly accepted framework which is widely used and can be used in critical care situations, pre post-operative care and emergency situations. Furthermore, it allows the nurse to use her skills in accessing the patientââ¬â¢s needs. The disadvantages of the framework are that it is a medical model in the sense that it looks specifically at the biological aspects of care and lumps emotional/psychological/cultural/social care under the exposure/elimination catergory. Therefore it does not promote exploring these issues in great detail (Younker, 2008 Hargan 2012) Cancer Physiology Bowel cancer normally starts in the rectum or sigmoid colon. It starts as adematous polyps and then progresses to adematous carcinomas. It spreads by direct extension via the bowel circumference, submucousa and outer bowel wall layers. It can also spread to other areas by direct extension, for example, to the liver, pancreas and spleen. Metastasis is normally by way of the surround lymphnodes. Primary cancerous cells can also travel into the lymphatic and circulatory system causing secondary cancer in other organs such as liver and pancreas (LeMone Burke, 2003). Mr Braun is undergoing an operation for his sigmoid colon cancer. One route to take would be the traditional method. This consists of open bowel surgery. This entails making a large opening. A bowel prep is given prior to surgery, there is a longer starvation process, which can cause dehydration and electrolyte imbalance. Furthermore, it causes stress on the body, insulin resistance in the body is longer and the recovery period is longer. In addition it causes longer paralytic ileus (Siddiqui et al. , 2012). The alternative treatment to the traditional method would be the laparoscopic method. Mr Braun would have a smaller incision, therefore making a quicker recovery. He would be in less pain and would be able to mobilise quicker. He would have a quicker return of GI function and a lesser period of paralytic ileus. He would be able to deep breath better as he would not be experiencing a lot of pain, therefore he would be at less risk of contracting a chest infection. This would all work towards him having an earlier discharge, for example, 3-5 days post op compared to anywhere between 8-12 days on the traditional method. Research has also shown that community rehabilitation is much quicker, 2-3 weeks rather than 6-8 weeks on the traditional method (Jenson 2011). Further research shows that patients undergoing laparoscopic surgery have fewer complications post discharge (Hargan 2012). It appears then the laparoscopic route has better outcomes for the patient and in addition, the NHS. Being able to discharge a patient between 3-5 days who experience fewer complications post operatively not only frees up beds but costs less to treat the patient. Therefore, after weighing up the pros and the cons of both the traditional and the laparscopic it would seem that Mr Braun would be better off having the laparoscopic route. It appears from research that the lapascopic route is the route which is used in almost 90% of colorectal surgery. However, the route that is taken ultimately depends on the surgeonââ¬â¢s choice. Prior to collecting the patient from the recovery room Before collecting Mr Braun from the recovery room I will need to check the bed area. This includes checking that the oxygen is working. I will need to ensure that there is a nasal tube and a venturi mask. I will also need to check the suction is working and ensure that a new tube is present by the bedside. I will also need to make there is a yonker. I will put a dynamap beside the bed which will allow me to take Mr Braunââ¬â¢s clinical observations on return to the ward. I will also ensure that a drip stand is next to the bed as he may be on fluids or have a PCA on his return to the ward (Nicol et al. 2012). Collecting the patient from the recovery room On collecting the patient from recovery, I will take with me a kidney bowel in case the patient needs to be sick on his return journey, a pair of gloves, a oropharyngeal (geudel) airway in case his airway becomes compromised in anyway and a pocket mask for mouth to mouth. My first priority is to ensure that Mr Braun is safe to return to the ward. I will check his level of consciousness using the AVPU tool. This tool looks at whether he is Alert, whether he responds to Voice or whether he only responds to Pain and whether he is Unconscious. I will then take a handover from the recovery nurse. This should include informing me of the procedure Mr Braun has had, how well he has responded to the surgery and his current responsiveness/consciousness level. I would need to check with the recovery nurse whether his vital signs are within the normal range. This is for patient safety which is paramount and is at the centre of nursing care. This would need to be checked against the Early Warning Score (EWS) system which includes level of consciousness, the physiological parameters, for example, temperature, blood pressure, Oxygen saturation (SATS), respiratory rate, pulse and urine output. The EWS gives an overall score which informs me whether or not it is safe to take Mr Braun back to the ward. The recovery nurse would also inform me which medications he has had, information regarding IV fluids, how long they should run for and whether more are needed when it finishes and check they are written up on the drug chart. In addition, I would need to see the wound bed. This would help with later assessment on the ward where I would be able to compare whether there has been any further bleeding or leakage. I would need to see the stoma site. The recovery nurse would inform me whether Mr Braun had a urinary catheter and whether there had been any urine output. After handover I would say hello to the patient and manually take his pulse so that I can get an indication of his heart rate (Nicol et al. 2012). On the ward On returning to the ward I will orientate the patient. I will inform him of every procedure that I do so that I can gain informed consent (NMC 2012). I will immediately carry out a set of clinical observations. This is so I can make a comparison with his perioperative baseline. Although doing the clinical observations with the dynamap, I will manually take his pulse as it is vital that I know whether it is regular/irregular, strong or weak. ABCDE Assessment Airway The best way to check the airway is to speak to ask the patient and get him to respond to you. If he is able to talk in normally, this will be indicative of his airway being patent. I would need to listen to whether there are any sounds, like barking or gurgling as this could indicate that there is partial obstruction. I would also need to check whether Mr Braun is experiencing any nausea or vomiting. If Mr Braun is experiencing this I would need to immediately administer an anti-emetic as per drug chart instruction. This would help prevent the risk of pulmonary aspiration. I would also need to check whether Mr Braun has any allergies. I would ensure that he is wearing two red wrist bands with the allergies clearly written on them so that other staff members are aware. His allergies would be documented in his nursing notes and on his drug chart with information on what sort of reaction he experiences. Assessing whether Mr Braun has any allergies is extremely important as allergic reactions can cause swelling of the tongue and in the throat which would compromise his airway and leave him with difficulties breathing (Resuscitation Council UK, 2012). Breathing I would now assess breathing by checking Mr Braunââ¬â¢s respiratory rate (RR). The normal range is between 12-20 breaths per minute. In PAC, his RR was slightly raised. This could have been due to anxiety but was more than likely due to his anaemia (this will be looked at further under circulation). I will be able to gain a comparison and start looking for a trend. It is important that the RR is counted for a full minute. His breathing may be irregular and therefore not counting the full minute would give an inaccurate measurement. I would also check Mr Braunââ¬â¢s SATS. The normal range should be 95%. Checking his SATS will inform me whether he is getting enough oxygen and whether his tissues are being perfused adequately. Lack of oxygen can cause hypoxia which if not managed will lead to multiple organ dysfunction and ultimately death. I will also therefor check for cyanosis as this will also inform me whether he is lacking oxygen. It is important to look at how Mr Braun is breathing. For example, is he struggling to breath, is he breathing deeply or is it shallow. Does he have to use his accessory muscles to help him breath. I would check whether his chest is rising equally on both sides. I would also speak as him a question to ascertain whether he is able to speak in full sentences because someone who is struggling to breathe is unable to speak in full sentences. I would look at whether he is breathing fast or slow. Furthermore, I would look at how he is sitting, for example, is he leaning to one side. Also when you are assessing breathing it is important to listen for any wheeze or stridor. RR is one of the first things to alter when a patient is deteriorating. It is vital that if Mr Braun is experiencing any of the above, the nurse responds quickly. The first thing would be to check whether he is written up for any more oxygen and if so to increase it. The nurse would then have to check in RR and SATS again after 15 minutes to ascertain whether there was any improvement or further deterioration even. If the patient was deteriorating further the nurse would need to involve the doctor who would be able to review Mr Braun immediately and give further instructions on his care (Queen Mary University City University, 2006). Circulation An assessment of Mr Braunââ¬â¢s pulse needs to be undertaken. This will allow the nurse to ascertain his heart rate. In addition, it would allow me to feel whether his pulse is strong or weak and whether it is regular or irregular. The normal resting pulse should be between 60-80 beats per minute (bpm). In the PAC, Mr Braun was slightly tachycardic, which could be due to anxiety of his diagnosis, hearing about the treatment he would receive or his prognosis. By taking his pulse it will allow for a baseline, pre-operative and peri-operative comparison. His blood pressure (BP) would also be assessed. The normal ranges are 90/60-140/90. Mr Braunââ¬â¢s BP in PAC was 135/80. Although this is still within the normal range, it is slightly high. However, this would be an appropriate BP given his age. It is vital that clinical observations are carried out every 15 minutes for the first two hours post-op as there is a higher risk of complications occurring and clinical signs are the physiological parameters which tell you whether a patient is deteriorating or improving. For example, if a patient is tachycardic and hypotensive this could be indicative of hypovolaemic shock which would need to be managed immediately as this can lead to potential death. It is vital when taking clinical observations that the nurse is aware that she should not only rely on the measurements. This is because a patient can be in hypovolaemic shock and still have a normal BP. This is because in hypovolaemic shock, the compensatory mechanisms take over and the body will do everything it can to keep the BP at normal level. Therefore, it is vital that the nurse also observes what the patient looks like, for example, does he look palor, he is sweaty or clammy. These are all important factors when carry out clinical observations. When a patient undergoes surgery he has enforced reduced mobility. Mr Braun will be in bed for a while and due to these factors is therefore at risk of Deep Vein Thrombosis (DVT), which is one of the highest cause of PE leading to hospital deaths. The nurse should check whether he still has his TED stockings on and check that they are not rolled down or creased as this may prevent them from achieving good prophylaxis. Furthermore it could compromise his skin integrity. Mr Braun will probably also be prescribed oral or subcutaneous anticoagulants as a further prevention of DVT. Mr Braunââ¬â¢s Hb levels should be checked to ensure that his anaemia is improving. If Mr Braun was assessed in PAC as having met the criteria, which is expected to make a good recovery, for the ERP, his anaemia would have been dealt with prior to him being admitted. He would have been assessed for any co-morbidities and his GP would have been involved to treat his anaemia. If his anaemia had not been treated, prior to his admission, it is likely that Mr Braun would have undergone a blood transfusion during surgery. This would mean that he would have a cannula in situ which would need to be assessed to check for phlebitis. This would need to be documented on the VIP chart (Hargan 2012). The cannula needs to be checked to ascertain whether it is patent. The date of insertion should also be noted on the VIP chart as it is not allowed to stay in for longer than 72 hours. Mr Braun will also have a catheter in situ. Therefore it is important to check for urine output. Mr Braun should have a urine output of 0. 5ml/kg/hr, in other words half his body weight per hour. Therefore if Mr Braun weighs 80kg, he should have a urine output of 40mls per hour. If going through the traditional method, Mr Braun would have to have a low residue diet approx. 2 days prior to the operation. He would only be allowed clear fluids approximately 12-18 hours before surgery and would then be starved from the midnight before the day of surgery to prevent aspiration. Research has shown that prolonged starvation causes dehydration and electrolyte imbalance. It causes the body to experience insulin resistance for longer and cause the body more stress (Burch Slater 2012). In contrast, he would have been given carbohydrate loading prior to surgery in the form of iso-osmolarity which 90% passes through the stomach within 90 minutes therefore he would have been able to have it one and a half hours prior to surgery. This would cause less insulin resistance and put his body through less stress. He would be able to come off any IV fluids as he would be encourage to eat and drink at will post operatively.
Thursday, November 21, 2019
Leonardo da Vinci and Filippino Lippi Assignment
Leonardo da Vinci and Filippino Lippi - Assignment Example Da Vinciââ¬â¢s works are very distinctive. His lines are soft and clean, very detailed and life-like. He also uses cross hatching for shading. In his work, ââ¬Å"Self Portrait c.1512 red chalk on paperâ⬠, his expert technique is also shown. The subject is supposed to be Leonardo da Vinci himself. It is a portrait of an old man, with the face tilted towards the third-quarter view. The subject is not facing the audience but one can see the expression in his eyes: solemn. Like most Renaissance artists then, his hair was long and he was bearded.The materials for this artwork are paper and red chalk. Like other da Vinci artworks, this illustration of a face of an old man (supposed to be himself), is anatomically perfect. The lines and wrinkles, up to the point that he looks to have lost his front teeth, is portrayed extremely well in the illustration. The lines are quite fine and light, and the shadowing was done by cross-hatching, which is very typical of da Vinci. Most scholars believe that this was also done by a left hand. Lippi was the illegitimate son of another painter, Fra Filippo Lippi. Under his fatherââ¬â¢s tutelage, he knew how to paint and illustrate. As with da Vinci, Lippi was also a master of anatomy. However, unlike da Vinci who was more scientific in nature (as in he invents, he engineers stuff, among other things), Lippi was more contracted and commission to work for churches as he made frescoes. His style echoed much of Boticelliââ¬â¢s style. In fact, some of his previous paintings have been signed, ââ¬Å"A friend of Boticelliâ⬠.
Wednesday, November 20, 2019
Professional Profile of the Program Analyst and System Engineer Essay
Professional Profile of the Program Analyst and System Engineer - Essay Example Professional Profile of the Program Analyst and System Engineer ïÆ' ¼ Highly skilled in creating supportive technical solutions, overseeing contract administration, and facilitating effective program coordination strategies to increase workflow efficiency ïÆ' ¼ Proven ability to effectively handle multi-task levels of management responsibility with minimal direction from superiors while supervising personnel, providing team leadership, motivation, and development ïÆ' ¼ Solid communication, interpersonal, time management, analytical, organizational, and technical skills ïÆ' ¼ Experienced in Forecasting, Performance Improvement, Program Analysis, Project Management and System Engineering ïÆ' ¼ Extremely intelligent, dependable, and self-motivated with a high degree of collaborative work integrity ï⠧ I am currently working as a Senior Aviation Cost Analysis for a Business Case Study (BCS) for the Army Aviation Ground Support Equipment (AGSE) for Tool Replacement Warranty Program. ï⠧ I have worked in the position of Contract Specialist for CAS. The role involved Corporation working the AMCOM Contract at the Sparkman Center in the Acquisitions Logistic Directorate. ï⠧ Held accountable for maintaining the quality of the design, conformance, and condition of building the Boeing Delta Plant while reviewing in-plant testing for quality and recommending approval or disapproval to the Senior Quality Engineer.
Monday, November 18, 2019
Global finacial crisis Research Paper Example | Topics and Well Written Essays - 2500 words
Global finacial crisis - Research Paper Example Liquidity rate is the process of transforming solid assets into actual money. It is an indication of insufficient flow of finances. This work focuses on the global financial crisis with regards to its causes, effects and remedies among other aspects. This crisis was caused by several factors more so in the developed world. One of the major causes was the collapse of the real estate sector in 2006. This occurred when the sector lost its securities (pricing). The majority of major financial institutions had to close some operations since majority of them depend on the real estate. This happened when the U.S among other developed nations like United Kingdom established some policies that enabled citizens to own homes by creating a general platform for easy access of housing loans and mortgages. This was a predicament that the move would provide adequate capital to the banks through safe interests. This caused housing prices to reduce from 2006 to 2012. Several real estate agencies or co mpanies reported the greatest losses in the entire history of the sector. This could be indicated in the regional and international stock markets. The policy enables the majority to own their own homes, hence very few people were left to rent or purchase housing facilities from the real estate sector or agencies. ... Most of these companies are funded by institutional investors as well as foreign banks. This compelled President George W. Bush to declare insufficient bailout to the majority of the homeowners who could not repay their mortgage debts or loans. In short, the crisis was a result of policies that enabled citizens acquires loans to build their private residential structures, only for the majority of them to fail to pay their mortgage debts. The government had to offer some bail out, even though at some point, the president declared that were limited resources to offer such bailouts. Depreciation of house prices increased to an extent that such values were far much below the mortgages. This created a kind of foreclosure in the financial sector. From 2006, there was a kind of financial drain from the consumers; as a result, this weakened financial stability among the banking institutions. There was a huge pool of loan defaulters, which compromised the housing market and the national econo my as a whole. The loss was estimated to be trillions of U.S Dollars on a global scale. Much blame for the crisis is placed on the U.S government to establish some policies that encouraged direct deals between the citizens and the global or major financial institutions. History indicates that before 1970, United States ventured on a certain business or economy strategy where vital economic issues were enclosed to the government and not the public. During that period, there were limited deals between the governmental or global financial institutions and private developers, instead the government recognized corporations, companies or partners. Any party wishing to get some loans was to
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