Thursday, October 10, 2019
Rain of Gold Occupied America Comparison
A Dreamerââ¬â¢s Struggles In Victor Villasenor novel, Rain of Gold is an accurate view in how he portrays what his family experienced in migrating into the Southwest of the United States, in attempt to live a safe prosperous life. Lupe, Victoriano, and Juan are three characters from the novel that best illustrates the struggles that many immigrants face in crossing over in search for work and safety. In Occupied America, by Rodolfo Acuna supports the experiences of the characters in the novel, making it clear that the events that took place in Rain of Gold are in fact what people experience in the real life.For instance, Lupe struggled with the threat of being rapped as well as any other young lady in the novel; she also struggled with education by either not having the support of the community to establish a school district, and or putting obstacles that keep her from attending school when school was available. In the case of Victoriano, he experienced discrimination from his own race, and beatings from authority.Lastly, Juan, struggled, like Victoriano, discrimination, and like the other characters in the novel struggled to cross borders and under goes difficult struggles as a young boy, and then the biggest issue we still struggle with today, assimilation. Growing up was difficult for Lupe. She endured a lot of hardship growing up, where instead of living a peaceful childhood she had to constantly hide and be aware of those around because at any given moment a creature from hell could just come and grab her and snatch her innocence from her, on page 74 of novel Lupe states that, ââ¬Å"No girl was safe anymore.La Liebre and his men were raping any girl that happened to walk by the plaza unescortedâ⬠, examining this quote it is evident that no female girl or woman was safe in their own home, in order to run errands or do daily chores away from home they needed to be accompanied to keep them from harm. In Occupied America makes it easy to understand th at these incidents truly did occur to women, ââ¬Å"Californio families lived in no Utopia. They were patriarchal; sexual violence, rape and incest burden fell on the poor and native women, who did not have ââ¬Å"protectorsâ⬠. (pg 127) In other words women had no worth, and no one to defend their worth. Being a woman myself I cannot imagine what they went through and to think that many of them after the years perhaps thought that this is in fact was their purpose, to be nothing. Lupe was no exception she encountered many incidents where she was nearly raped, as a matter of fact a lot of the girl of her town were raped so bad that they died from the impact. ââ¬Å"And not only had the bandits killed Don Tiburcio, theyââ¬â¢d taken their gold, raped Paloma and other two Indian girls, killing all of them. (pg 198) Another obstacle Lupe experienced that majority of girlââ¬â¢s experienced were no support for an education. It was a privilege for any child to go to school, none less a girl. The novel puts emphasis through the story how Lupe struggled to get an education. For example, when Don Manuel declares, ââ¬Å"Heââ¬â¢s under no written obligation to supply a school for the village. â⬠He was arguing with the mothers of the students whom attended school when they discontinued paying Senora Munoz, though she continued to teach which was leading her to secretly starve.But the village united and helped maintain education by paying the teacher what they could as long as they could and took turn having her over for dinner and feeding her in the meantime she was there. Another occasion was when Lupe was older and by then she had migrated to the United States, she had returned to school and although she was making great progress and maintain good discipline and determination she went through a hurdle that scared her from ever returning she explained to her mother stating, ââ¬Å"Mr.Horn my new teacher, was real nice to me, too, helping me after schoo l; but then one day he, he, he grabbed me from behind while I was writing on the blackboard. â⬠(pg267) This frightened Lupe especially when he called her a dirty Mexican prick-tease that she was too old to be in school. In her time women Mexican women were taught to be respected and not allow a man to ever mistreat them, their customs were solid in marrying a virgin, so this act from a professor raged anyone with values like Lupe. Occupied Americaâ⬠also supports lack of education affirming, ââ¬Å"Spanish authorities were not inclined to educate them. â⬠Meaning women, ââ¬Å"Few religious schools dedicates to educating young women existed. â⬠(pg 27) It is clear that there was very little if any support to educate women, Euro American viewed women to be inferior and keeping them ignorant was in their best interest, though I am proud to say that today because of good men and intellectual ingenious women the female gender has an overall equal fair chance at an ed ucation.But like everything else it was not an easy rode to et there. Victoriano, which in the novel is Lupeââ¬â¢s older brother by a few years, battled his own demons. For example, when he saw that his family was struggling to survive he ran to find any scrap of gold that was left behind were the miners threw old scraps of materials, during his search he founds a few rocks that could potentially had been gold, when he ran into trouble doing absolutely nothing wrong, ââ¬Å"Nothing he could say would stop these vicious men. They were sneering at him like huge, hungry cats ready to pounce on a mouse. (pg85) At this point La Liebre found him digging the grounds and questioned him and accused him of stealing though that was open for anyone to dig, but they were just itching for violence. They tried to hang him stating that they were going to make an example of him for stealing, but his mother would die before watching her only make son die. In the process she managed to save her tee ns live from being hanged and shot the main leader of La Liebre, forcing the other men who were still alive to leave the village leaving the people to celebrate for uniting against terror.Victoriano having experienced injustice beatings and almost death provides lucid narrative of authority abuse. Where an official or someone with some form of power takes matters into their own hands. ââ¬Å"Los Minerosâ⬠video delegates the experiences of miners in the United States that were brought from two main territories Chihuahua and Sinaloa, based on their past experience as miners, little did they know that they would be getting paid scrap money and live in horrible conditions.When they reached their ending point they began to organize protest and fight for healthcare and welfare. During their battle many participants were jailed and beaten sometimes to death, for protesting stating that they were disturbing the peace. In reality government officials would make up any story to imprison these men, which were only fighting for what was owned to them. The video was not made up by actors it was a documentary of the men who experienced the unfair treatment of the ââ¬Å"white man. Evidence is all around us itââ¬â¢s just a matter of us realizing and making a change. Juan was an interesting character. He came of a line of heroes and embraced his ancestry; he was a boy who grew up to be proud of his past. When I first began to read into Juanââ¬â¢s story I had the impression he was a grown man based on is actions and attitude, little did I know he was just a thirteen year old boy who know more about life than the average 20 year old today.Juan went through a lot of discrimination throughout the novel, at one point when he is talking to two of his nephews he informs the two that, ââ¬Å"Hell he treated the dogs better than me. He only had eyes for my brother Domingo, who was blue-eyed like himself. â⬠(pg228) and goes on and tells the boys that prejudice exist in Mexico too, meaning that itââ¬â¢s not just in the United States that narrow-mindedness is present but in their native country as well.In the article, ââ¬Å"The True Significance of the Word Whiteâ⬠maintains how assimilation came to birth and how the mindset of the Euro American affected the culture and lifestyle of the Latin people. One piece of the article itââ¬â¢s obvious what they thought of the Mexican people and therefore look down on then and discriminated against them, ââ¬Å"European Americans believed Mexicans were an ââ¬Å"indolentâ⬠people, whose backwardness reflected their having poor personal habits and collective deficiencies such as laziness or a penchant for extravagances. In them succeeding in passing along this ââ¬Å"opinionâ⬠of Mexican people it was just as easy for Mexican people to accept this concept. In result, any trace of being Mexican was viewed as even being ugly, yet if one was Mexican but had traces that made them look white i t was praised upon and it made it quite easy to blend with the rest and reject their cultural which is what the Euro Americans wanted and succeeded in. This is also referred to as assimilation. In the novel many of the characters adapted assimilation, Juan was sure to be one of them.When he left Montana to visit his mother his sister and mother noticed he was not the same young boy they once knew. He was almost unrecognizable at first and second glance, ââ¬Å"Just look at you! These clothes, and the taxiâ⬠(pg223) His sister took notice of Juanââ¬â¢s transformation, and though she did not emphasize too much about how much he had changed it was apparent that he had lost a part of himself along the way. He realized that he could hardly speak clear Spanish anymore having difficulty pronouncing words fluently.In ââ¬Å"Occupied Americaâ⬠there is an important message written that is empowering and influential, it reads, ââ¬Å"Yet the debate is not whether assimilation is taking place, but what it means. Most agree that assimilation into life in the U. S. is not an instant transformation in which an immigrant suddenly becomes a full-flagged American. Nor does it require the obligation of ethnic identity. Instead, assimilation is a long-term, sometimes multi-generational, process in which newcomers of different backgrounds adopt basic notions of American lifeââ¬âequality under law, due process, and economic opportunity.Put another way, assimilation is not about immigrants rejecting their past, but about people of different racial, religious, and cultural backgrounds coming to believe that they are a part of an overarching American family. â⬠It was necessary to write it all out to truly capture the depths of this message. Thou some may argue was assimilation is this we can all agree in. In the case of Juan it took him a while to find him and to realize that one must first think with our minds before acting on impulse.Juan experienced a true r oller coaster like I am sure many did. I felt that Juan stands out among the rest because if analyzed piece by piece it is true that he experienced by far what most immigrants have and do presently in their quest to the southwest. Rain of Gold, Occupied America and other resources studied in class, identifies how events stated in the material used was very much so true, and though people may deny or ignore the truth it is not likely to be forgotten if informed, it is up to the individual to own up to the truth.The three characters Lupe, Victoriano, and Juan were good examples in the novel that added emphasis to real life experiences of people migrating to the southwest. Though there is so much to say about these characters and others with just concentrating with this analysis one can conclude that a life of an immigrant is not a choice or a preference but a form of survival.
Wednesday, October 9, 2019
Structured society relies on people knowing how to survive in Western Civilization
Structured society relies on people knowing how to survive, and also how to survive with others. According to Owen, (1997), there exist the general skeleton of the social order which is so well distinct, planned, and planned that thereââ¬â¢s room for personal freedom and creativity within the organization. In structured society, people works while every individual knowing his duty, for example if the society is structured, socially politically and economically. There need to be law and order hence need for specialization, this reduces conflict in terms of role assignment. The specialization is known to be the major drive for civilization. When mixed with division of labor, specialization allows for maintenance of law and order. In such societies duties and responsibilities are stated, for example in political structure we have the roles of the president affirmed and written in the constitution therefore one has guidelines to abide with. The leader has to have subject to rule, itââ¬â¢s not possible to have rulers if you have no people to rule, hence need for structured society whereby people are civilized and are able to live together in harmony. Law and order is very vital in such societies (Owen, 1997). Christiano (2004) observes that when we live within the law, we share in the common good which helps all, and provides for a better world to grow and live in. But In Aristotelian scholasticism, ethics which are the basis for law are understood to mean the science for good life (Barford, 1996). In the same context, man is regarded as rational animal and therefore able to act in accordance with the right reason and also able to act justly and courageous. As members of the society, we are supposed to come together and advance based on the laws of the society we live in. Reilly (2000) thinks that liberty was necessary for revolution only when used like a guiding rule, he emphasized that independence of each person must be respected. However, according to him total freedom for all cannot exist as a basis of the society. For one person to have entirely autonomy over another person, the other person will have to give up their freedom to allow the former to survive. When people move from their tribal clique, races to join new people in the working places for example town, they are said to undergo civilization which is a slow process which started long time ago more than 5000 years ago (Jessop, 1998). Civilization brings positive competition where everyone will do his best to be on the top of other ladder, sparkle. Civilized People are able to live together irrespective of their social background; it has increased trust between individuals to an extent that people are able to collect each other whenever a neighbor go astray, therefore togetherness in the community. Natural law is viewed by many philosophers as the instrument used in the exploration of gods will. As Martin, (1999) explains, natural law is different from theology, in that it does not rely fully on supernatural law or revealed sources but on empirical evidence concerning human existence and nature. Natural law is a source of social norm in the society. It provides the basis for moral system in different religious group. According to Owen (1997), in whatever setting of the society and religion, all share the common frame work of natural law. Looking at the process of absorbing social norm, members of a society utilize socialization and education to distinguish between the good and the evil. Social norms are based on human nature and are important convections required to achieve social stability. The major objective of natural law is to make or sustain socially valued roles for people in their society, in case where an individual holds valued social roles, one is highly likely to receive in return those good things in life that are obtainable in that society hence the society always a way of paying those people who adhere to its norms. In additional all sorts valued things that other people are able to pass on are almost involuntarily accorded to a person who holds societal appreciated roles, at least within the resources and norms ones society. (Barford, 1996). Most human being societies have adopted certain societal norms which result either from ethics or from intrinsic ideas. But according to Young, (2003), consequences are that they partially result to human societies being unable to forbid impunity. Eventually, serious tensions picks in the society that may lead to societyââ¬â¢s demolition. Men in general learn to differentiate between good and evil through learning and socialization. Through reason, a man is able to distinguish between what is unacceptable and what can be accepted in a particular society. Some norms are vital for social stability and in this sense such norms are based on human natural history, they are conventions that we need to have a stable society. Therefore society norms and ethics have a major role in setting the society free from disorder (Barford, 1996). If law totally breaks down, then society is worse off than before (Owen, 1997). Socrates believed in this statement and totally refused to break the law. He wondered what kind of citizen he will be if he refused to accept the ruling of the jury. In addition Reilly (2000) in his book the social organization of today are dissimilar from the first civilizations in that primitive cultures depended on unity of people to live. However currently everyone depends on cash inform of monitory value and it has established the same as the common good. According to Kibuka (2000), the society without cash would work mainly because it goes against individual nature. No matter how genuine and accountable people are civilized, people always need a reward. He continue to express criticism that without the reward everything will have no value hence the world will still be far away from civilization. In his book Reilly (2000) argues that an operational, liberated and just society must rest on a basic principle. Right liberty cannot be real for all, unless the civil liberties of all are valued by all, these right can be liberty and the pursuit of happiness. According to Karl Marx, order is highly important for the organization and for maintenance of all human societies and to bring about civilization. He said the higher rank of order a society achieves, the more superior the society tends to be unable to find order and indeed the more chaotic it become (young, 2003). Marx contradicts with Reilly (2000) who thought civilization goes hand in hand with law and order in the system. He points out that through the period of anarchy and revolution a society mainly lack order and therefore becomes chaotic. Both Marx and Reilly (2000) however converge on the same thoughts that societies have a lot of the attributes of the united system; through swapping matter and energy to their surroundings as they add to their order specialization tend to develop. The world is an island and therefore we all need each other to survive and we communication which is the key to the organization and development of all human societies; this involves use of words and symbols. Itââ¬â¢s therefore very vital to have a pattern of value, order and norms so that law and order will be maintained in a society; this explains why in a structured society there is need for law and order. In addition order and pattern is the core of social union and function (Cohen & Arato, 2001). Karl Marx quoted that though much energy is put in a society to maintain order, change is unavoidable hence he believed that every society can be destroyed if unity is not maintained by law and order (Young, 2003). At this juncture, Marx was in agreement with (Reilly 2000) who argued out that for there to be order in the society we need law to be followed for law and orders go hand in hand. Reilly (2000) believed that rational societies were structured to attain goals flexibly and were able to meet the test of time therefore adjusting for better. In what I regard as the major achievement of the Greek and Roman Empires, the ancient Greek empire has contributed a lot to civilization of the west. Since inception the Greek philosophy, it has continued to shape the whole of western thought impacting on modern philosophy and modern science (Jessop, 1998). Although many philosophers believe that neither inquiry nor the reason began with the ancient Greeks, the Socratic methods together with his ideas of form are entirely from the Greek. Socrates who was the teacher for Plato was an Athenian philosopher who believed that a person should strive always to do well. He emphasized that one should always know you and he was known for disobeying the bad command (Barford, 1996). Aristotle and Plato work forms the major philosophies that have greatly influenced the western philosophy. The Greeceââ¬â¢s were very good in art, history, art and science which many countries including western countries borrowed to shape their growth of civilization. All these cultures begun with what is known as golden age of Greece: itââ¬â¢s the time of cultural prosperity peace and time of law and order in Greece. More so myths, Olympics, democracy rule of law all originated in Greece. Greekââ¬â¢s had a very rich culture which influenced western civilization. The most notable was mainly their philosophy and its culture which dictates their rich norms and values (Hefner, 1998). Greek scientist made radical discoveries in several fields like in mathematics, physics, medicine, biology and astronomy. This forms part of the reason why Greek civilization is still regarded as mother of discoveries. On addition it was first in Greeks where commercial trading post and colonies were founded this led to the growth of trade which in turn led to adoption of septic alphabetical scrip. These scripts led to the development of the subject mathematic. The Greek had several enemies who wanted to conquer them. The conflicts with the Persians did not only make the Greek Empire become very strong but also allowed establishing a very strong form of government which favored specialization (Hefner, 1998). To an extent ancient Greece affected civilization of the west with politics, this is because the Greece was the first to establish the democratic systems. Laws as itââ¬â¢s in many western countries laws were voted on and proposed directly by the assembly of all citizens therefore Greece offered a form of government which is used by the western countries including the US. A form of government which has the Executive branch, the judicial branch and the judicial branch began with the Greece and later borrowed by the west. Greece was the first to realize the important of sports and make sport their tradition hence the first Olympic was held there. Surprisingly, up to date the western countries still compete on the same sports which were held on the first Olympics (Martin, 1999). For ancient Roman, Engineering was a main issue influencing western civilization. Nowadays the Greek technologies are used to build bridges, harbors and roads were buildings in the west. Cohen and Arato (2001) express no doubt that civilization of the west has been shaped and largely based on Greeceââ¬â¢s powerful politics, philosophers, medics, sports and classical art. The society has played a big role in the invention of law, in order to advance the concept of the common good. The common good was crucial to normative vision of what can be regarded as good life during the time of the Greek moral philosophy that formed the basis of western thought. The common good entails grasping idea that a person as sacred and social. Common good is based on understanding that human rights and dignity together with well being and human potential are achieved in oneââ¬â¢s moral ecology. On the other hand it is the social justice that orients the moral action to the common good. Every person in the society who is dedicated to the quality of life and to the well being of every body gives in to the common good of all since. Plato asserted that in a just society, citizen bestowed themselves to the common good, act morally and wisely, and practices the occupation they are best suited. Aristotle contrary to that recommended that a state should be governed by middle class, because he thought that they are likely to struggle for fairness of the common good. Moreover he stressed that an individual depends on the society in order to survive a truly human life, and even that the state is a natural creation that precedes a person (Owen, 1997). As per St. Augustine, he diverted the natural law of society from one based on reason to one based on divine rule. In his argument, St Augustine Hefner (1998) apprehends God and churches as the vital base of civic virtue, law and order of the social order. Therefore religion is very important in shaping human destiny, for church offers laws and ethics to be followed. Its societyââ¬â¢s role to come out with guidelines for defining what is norm and what is right. It is also the society role in general to mold its own people. It has a function of maintaining law and order hence protecting its people. Jessop, (1998) asserts that the main function of civil society is to compel human beings to respect one anotherââ¬â¢s rights. Civilization can be achieved only when the civil societies in the western countries protect its members to pursue diverse interest at the same time the political parties striving to guide the members towards party goals. Nevertheless, many philosophers predict that the western civilization is on the verge of collapsing. Cohen and Arato (2001) attribute the collapse to invasion of the west culture by other cultures. Although, the west citizens are slowly rejecting their community culture, they still hold some sense of commitment towards it.
Tuesday, October 8, 2019
The Nation Splits and Reunites (US History) Assignment
The Nation Splits and Reunites (US History) - Assignment Example Northern businessmen helped get the "Tariff Act" passed which in turn raised the prices of manufactured products from Europe mainly sold in the South. This angered the Southern people to have to pay more for these goods and hence developed hatred towards the Northern people (Davis). The political power in the Federal government led further to escalation of the conflict. Since the Northern States were becoming more and more powerful, the Southern States felt a growing need for freedom and as such wanted to break away from the north and govern themselves. The north would not allow this and hence the civil war. Finally, the martial confrontation between the Federal states and the Confederate States of America further fueled the Civil War when Fort Sumter in South Carolina was attacked (Davis). 2) In most polls of presidents by historians Lincoln is either ranked first or second. Does he deserved such an exalted position, or as his detractors claim, he should be ranked lower because he presided over a war that killed 620,000 of his fellow citizens? Explain. In my opinion, Abraham Lincoln should be ranked lower as the President of the United States because he presided over a war that killed 620,000 of his fellow citizens. Firstly, he vowed to keep the country united and the new western territories free from slavery. Sadly, this was not so. First of all, many Southerners were afraid that he was not sympathetic to their way of life and therefore could not treat them fairly (Davis). This feeling led the South to break away from the United States and joined together to form a new nation named the Confederate States of America. Although more than half of the said deaths were caused by disease, documented statistics indicate that one third of all Southern soldiers died in the civil war during Lincolnââ¬â¢s reign (Davis). Consequently, a big majority of families felt this pain and loss, a testimony of how much the War had scarred and devastated the American
Monday, October 7, 2019
Jazz Essay Example | Topics and Well Written Essays - 500 words
Jazz - Essay Example In 1944 Davis was privy to observe the performance of a band comprised of jazz great, Charlie Parker and Dizzy Gillespie. These two were creators of the then new bebop style of jazz known for its ââ¬Ëfastââ¬â¢ and ââ¬Ëdynamic rhythm variationsââ¬â¢ (all.about.jazz 2009). Interestingly, Davis style was in direct contrast to this fast pace it was considered to be cool. It was so cool that his first recording which was initiated by him was called ââ¬ËBirth of the Coolââ¬â¢. This album would later be abducted to the Grammy Hall of Fame. In an attempt to emulate Parker and Gillespie Davis began a program of study in the Institute of Musical Art in New York City now known as Julliard in 1944. However, by 1945 he was requested to be a guest player at one of Parkerââ¬â¢s show and so ended his study at Julliardââ¬â¢s. He became a full-time jazz musician. For the next three years Davis joined bands of the like of Benny Carter, Eckstine and Parker. During these years he made several recordings as a sideman. In 1948 Davis established his own band and eventually signed with Capitol Records. Subsequent to his signing with Capitol for several years Davisââ¬â¢ success was hindered by his use of heroin. Fortunately Davis was able to overcome this drug addiction and landed a contract with Columbia Records. Following his heroin years Davis went on to gain nine Grammy Awards and several other Grammy Nominations. One of his most famous recordings was in 1959 ââ¬ËKind of Blueââ¬â¢ which sold more than ââ¬Ëtwo million copies, a phenomenal success for a jazz recordââ¬â¢ (all.about.jazz 2009). With albums like ââ¬ËSomeday My Prince Will Comeââ¬â¢, ââ¬ËQuiet Nightsââ¬â¢, ââ¬ËMiles Davis in Europeââ¬â¢ and ââ¬ËBitches Brewââ¬â¢ to name a few earned Davis these awards. His final Grammy in 1993 was a Grammy Award for Best Large Jazz Ensemble Performance for Miles and Quincy Live at Monteux. Clearly, Miles Davis was a legend in his own right. He created a new form of jazz which
Sunday, October 6, 2019
Reflection paper Article Example | Topics and Well Written Essays - 250 words
Reflection paper - Article Example The documentary also identifies the marketing effects of politics, it discusses how the politicians utilize the marketing perspectives to be elected and stay in their offices. Information in the documentary is presented in a manner that indicates all the aspects of marketing. Douglass Rushcoff , the correspondent is unbiased on the factors he attributes on marketing. He talks of issues that concern the relation between marketers and consumers. He also mentions that consumers tend to be trapped in marketing and they are usually confused by the diversity in advertisement. The film indicates that the type of advertisement that has occupied the marketing world and how they are convincing to individuals. The aspect of marketing in politics is legit and common in various parts of the world. Politicians have been note to manipulate the image they want the society to view so that they can secure their offices and maintain their
Saturday, October 5, 2019
Monetary policy Essay Example | Topics and Well Written Essays - 1250 words
Monetary policy - Essay Example The RBA often determines the official cash rate after deciding on what monetary policy target it intends to attain (Reserve Bank of Australia, 2012a). Such targets may include, increasing economic growth, lowering inflation. RBA uses open market operations to affect the changes of the official cash rate, which in turn trickles down to the financial system in the country. Although RBA changes the official cash rate through open market operations, the actual cash rates are often determined by supply and demand actions among banks. Each bank is free to determine the rate by which it lends to another bank. Changing the official cash rate however, impacts all other interest rates in the market which in turn impacts the supply and demand of money in the economic system (Reserve Bank of Australia, 2012b; Lowe, 1995:1-2). The market rate of interest on the other hand is the rate that financial institutions charge its clients for borrowing money. This interest is often impacted by changes in the official cash rate, whereby increases in cash rate would imply that the banks are borrowing from other banks expensively and hence would also increase the interest rate that they charge their customers for borrowing money. A drop in the official cash rate would make it cheaper for the banks to borrow funds and hence competition among banks would reduce the market interest rate across the Australian Economy (Smales, 2011:52-55). The RBA decreases the cash rate through open market operations in order to ensure that the official cash rate that has been set is as close as possible to the actual cash rate exhibited in the market due to forces of demand and supply. Each financial institution in the country has an Exchange settlement account for which enable banks to settle payments between each and also with the RBA. Where RBA wants to reduce the cash rate, it would buy repurchase agreements (repos) or second-hand common wealth government securities (CGS) from the financial institutio ns in the economy. The RBA pays the banks using their exchange settlement accounts with the RBA which increases the amount that they have access to and can lend out (Reserve Bank of Australia, 2012b; Kuttner and Mosser, 2002: 16). This increases the supply of money in the economy, and due to competition to lend out to borrowers, the cash rate as well as the market interest rates drop. This is as demonstrated in a simple Keynesian model below: As noted in the figure, when the RBA uses the open market mechanism to purchase government securities and repos, the money supply denoted by MS, moves from the original position MS to MS1 showing a rise in money supply. Since the supply money is inelastic relative to interest rates, the MS curve is perfectly inelastic. On the other hand, the demand for money changes with changes in interest rate. Hence as money supply increases in volume due to RBA purchasing repos and CGS, interest rates fall also drop. Answer two Effect of a decrease of inter est rate on: Consumption and Investment expenditures: a fall interest rates increases investment and consumption. As noted above, a fall in interest rates is as a result in an increase in money supply. This makes it possible for businesses and consumers increase their borrowing from banks at a lower rate of interest since it is cheaper to access loans. Hence, there would be an increase in consumption and investment expenditures financed by debt as businesses are able to access funds for capital goods such as equipments, and consumers are also able
Friday, October 4, 2019
U.S. One China Policy Essay Example | Topics and Well Written Essays - 2250 words
U.S. One China Policy - Essay Example Before focusing on the one-China policy, it is important to discuss first the history of relations between Taiwan and the PRC. Prior to the 17th century, aborigines from Taiwan mainly inhabited the Island of Taiwan. However, with the successive waves of migration by the Han Chinese, the demographics of the island started to change. In 1662, Taiwan was brought under Ming loyalist Zheng Chenggongââ¬â¢s control, prior to incorporation in 1683 into part of the Qing Dynasty (Tunsjà ¸ 92). The Dutch also briefly colonized Taiwan between 1624 and 1662, while the Spanish ruled Northern Taiwan between 1626 and 1642. Between 1895 and 1945, Taiwan was under colonial rule from the Japanese with the French also briefly ruling Northern Taiwan between 1884 and 1885. Under the Qing Dynasty, Taiwan existed as a prefecture of the province of Fuji as part of the Chinese government from 1683 up to 1887. In 1887, Taiwan became a separate province of China. It remained a province of China until 1895 a t which point the Treaty of Shimonoseki ceded authority over Taiwan to the Japanese (Tunsjà ¸ 92). à à à à à à à à à à à After Japan had surrendered in Taipei in 1945, The Republic of China took over the role of governing polity in Taiwan under the KMT in a period that was characterized as a military occupation. However, the government of the Republic of China lost control in 1949 over the Chinese mainland after the Civil War on the mainland (Tunsjà ¸ 93)o 93). Since this was prior to the implementation of treaties made after the Second World War, the KMT withdrew to Taiwan that was still technically a territory of the Japanese. This exiled government under Chiang Kai-shek took over authority of Taiwan and avowed the Island was under martial law. After the renunciation of rights to Taiwanese territory through a peace treaty signed in San Francisco by the Japanese, Taiwanââ¬â¢s sovereignty was put under question. Neither the Treaty of San Francisco nor the Japanese-Chinese treaty dealt with the issue of Taiwanââ¬â¢s territorial sovereignty and its awar d to the KMT representing the Republic of China (Tunsjo 94). The governing body of the Republic of China is still the government in Taiwan with a transformation in the 90s towards democracy as the government lifted the martial law it had imposed in 1949. Since then, the political and legal status bequeathed on Taiwan has become an issue of contention and controversy with sentiments of Taiwanââ¬â¢s independence become more public and gaining some level of international support. At this point, it becomes important to discuss the role of the US in PRC-ROC relations, especially given that Taiwan is the second highest buyer of American made products after Canada. With the tensions between the PRC and the ROC, the United States has had to come up with a policy that allows it to continue relations with both territories. The one-China policy in the United Stateââ¬â¢s case was initially drafted in 1972 through the Shanghai Communique
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