The Planned Economy VS. The Free

The Planned Economy VS. The Free Market Economy Essay The Planned Economy which is the economy that the government organises is very different from the Free Market Economy where the private sector is in charge and owns firms etc The planned economy is better in the sense that people are less stressed due to not having to worry about their next meal or other, due to the government supplying their basic needs like housing, medical care, food, clothes, education, a job, so nobody is unemployed yet all get paid the same amount more or less. People are not paid very much, maybe 3 dollars per month, but it is all that is needed, countries like Cuba get most of their countries money from tourism, and still have fairly good public education, a good transport system and it is said that they have excellent medical care, and people in Cuba get all medical care needed for free including operations and medicine. Meanwhile in the free market economy their are very poor people in the lower classes that have absolutely no food and could starve to death, and the very rich that are to involved in themselves that they do not care about others. but it is also better because their is freedom of expression. You also get paid according to how hard you try and the effort you put into things. Their is a better allocation of resources because each business or firm tries to allocate resources in a better way due to competition, trying to produce either more at a better quality for a lower price or just trying to be better than somebody else, and selling your better quality goods. This is good because their is a variety of choices and better quality good than their would be in a planned economy because in a planned economy everything is the same for everybody. I believe that the better economy is the Free Market Economy is more challenging.

The Role of African Americans in the Revolutionary War Essay -- essays

The Role of African Americans in the Revolutionary War An estimated 100,000 African Americans escaped, died or were killed during the American Revolution(Mount). Roughly 95% of African Americans in the United States were slaves, and because of their status, the use of them during the revolution was inevitable(Mount). This led many Americans, especially those from the North, to believe that the South's economy would collapse without slavery due to the use of slaves on the front lines. However, only a small percentage of the slave population enlisted in either army. The concept of using slaves as soldiers was hardly revolutionary. Blacks had served our country with honor and bravery since the country's earliest days. Not only did the black troops fight for the United States, but also for England. The British crown used their heads and made an agreement which would help them draft slave troops. This was a chance for emancipation of slaves who fought against their masters. African Americans were active prior to the start of the war. The Boston Massacre was an event which created a want for independence. On March 5, 1770, the British troops stationed on King Street in Boston were confronted with an uprising and began shooting into the crowd(Davis 206). Crispus Attucks, a black man, led the 1770 uprising against British troops that resulted in the Boston Massacre. It is alleged that he cried out, "Don't be afraid!" as he led the crowd of protesters against armed British...

Progressivism Paper Essay

Progressivism is the philosophical school of thought that advocates that truth is determined by function. The truth one knows should help in the daily functional activities of the society according to progressivists (Scott, Sarkkes_Wcenski, 2001 p.197). Therefore progressivism as used in the education is an educational philosophy that is based on a learning instruction that is aimed at equipping the learners with knowledge and skills, that are relevant and useful to the leaner in the society, which enables him or her, compete effectively in today’s contemporary society that is ever changing (James, 2002, p.1876) Progressivism is as a philosophy of education that is designed to give the learners the appropriate problem solving and analysis techniques that would help the learners to be prepared to fit in the real world and not be puzzled after their education (Peter, 1999, p.188). The curriculum design is designed in such a way that is cantered on the learning activities and learning experiences that challenge the student problem soling and analytic abilities in the view to strengthen these skills of an individual (Peter, 1999, p.88) l. To achieve this curriculum is based on the provision of instruction ranging from the basic real world skills to high level of investigation and analysis. It calls for the society to ensure that children are given the right education. Firstly because is the basic human right and also for society collective development i.e individual as unit of society and the entire community. These also act as the extrinsic motivation that helps to build up and instil level intrinsic motivation for the learners in the learning process. However progressivism takes into account the fact that knowledge is ever changing and  Ã‚   not static, in regard to this issue the basic truth content should also be dynamic as per the unfolding of the society challenges. Since different societies have different range of the problems, therefore it is irrelevant of establishing universal body of knowledge that should be taught in the educational curriculum and yet not useful in solving the problems of the community (James, 2002, p.1896).   Therefore the school is viewed as the place where the learner is taught useful, applicable and long lasting skills that enables the student not only skills and knowledge that are necessary for survival in the society but also to enable him compete and succeed In   the contemporary society effectively. School curriculum must therefore be reflective of the societal problems both existing and potential ones. Through the school, it equips essential skills for the learners to enter into the work force in the society. In the view that the human beings are social animals and learn best on real life activities with the people, it follows that we must have norms governing the conduct and the operations of the people. These set codes in the work places are instilled right from the school and its god to have morality taught at the school level that will translate to professional ethics. Therefore the school serves the best place for formulating and teaching of the societal codes of conduct.   For effective learning where experience has to cause a change in the student’s behaviour, the teacher is instrumental in the whole realisation processes of learning (Scott, Sarkkes_Wcenski, 2001 p.451). The teacher is expected to guide the students on how to acquire skills and knowledge needed the society workforce. To achiever these the teacher guides the students on how to acquire a wealthy body of knowledge that is useful in problem solving and think critical in their working situations, this enable them to be creative   in   handling their daily erupting issues in societal life. For these reason the teacher is expected to ask students questions that examines their mind in the practical manner. and responsible for setting well the classroom learning experiences and activities that can create a problem that exists and guide them on the directions on how to solve the problem. As the teacher guide the student in learning processes, the learner is expected to cooperate so that he/she can learn how to think critically and creatively, how to solve problems in learning process and finally how to apply the acquired knowledge into real world. In this regard the learners are taught how to go a bout problem of life survival. These is achieved trough the methods that is problem based learning (Scott, Sarkkes_Wcenski, 2001 p.354). These method is for instance group learning where the learners are expected to discuss and compromise within their groups and the teacher should only be available to monitor, encourage and give directive guidelines to the group so that they can on their bon develop original solutions to existing and potential problem in the society. By use of the discussion group that comprises of similar peers, the student takes an active role in learning that prepares him or her for work as he or she becomes self sufficient so that can fit well in the society. At the group level the students should be; aware of the problem, define the problem, propose hypothesis to solve it, evaluate the consequences of the hypotheses and come up with the best solution to the problem. The learning environment should be collaborative and democratic to reflect the essence of learner centred. That gives the opportunity for all students to speak out their mind and receive feedback to their ideologies from their peers and teacher. This feedback gives the criteria for evaluating and assessing of the learning outcomes. In conclusion progressivism philosophy of education emphasises on the skills and knowledge that is aimed at resolving problems in the contemporary society   (Scott, Sarkkes_Wcenski, 2001 p.254). In its attainment at should be learner centred where the learner actively participates in the learning process. Reference: Scott L, Sarkee.M (2001), Overview of career and technical education. Illinois, Technical publishers. Inc David, F (2004), Trouble with Ed schools, US; Yale university press. James w. Gathure (2002), encyclopaedia of education. United States. Macmillan. Peter silock, (1999), new progressivism. New York, Educational int. Patricia .L, Tillman. J, (1999), Instructional design, Michigan;   John wiles and sons.

The Financial Crisis Of Lehman Brothers - 1948 Words

Where It Began There are several distinctive moments for which a strong argument can be made as the start of the 2008 financial crisis. Some experts argue that the pivotal moment was the failure of Lehman Brothers, which resulted in a run on financial institutions, while others blame the crisis on the housing bubble that burst in 2007, following years of skyrocketing prices in that market. Digging deeper than the macro issue of the housing bubble, the true cause of the financial crisis can be traced to banks’ incredibly risky policies regarding how and to whom they made large real estate loans and the insatiable greed that drove them to adopt these practices. In this analysis of the perfect storm that facilitated the financial meltdown, I†¦show more content†¦Because of the amortization, MBSs differ from traditional bonds that typically only makes interest payments, with the principal being repaid in its entirety at the bond’s maturity date. In addition to the expected monthl y cash flows, investors that own MBSs also receive unscheduled payments of principal that is repaid early due to refinancing, foreclosures, or house sales. These premature payments make it difficult to predict the maturity of MBSs, a problem that traditional bonds do not have, making them more risky by default. In addition to the unique risk of prepayment, MBS are also subject to risks more typically associated with traditional bonds such as credit and default risk. Credit Default Swaps A credit default swap (CDSs) is essentially an insurance policy that allows speculators to bet against default on loans or bonds held by others. They are not always used in a speculatory fashion, as they can also be used to mitigate risk related to a loan held by the owner of the CDS. A fairly new concept, CDSs are primarily a mechanism to speculate and are mostly unregulated, a combination of factors by which they become a potentially dangerous financial instrument. Speculators simply pay insurance premiums against the underlying loans or bonds and wait for them to default, resulting in a large payout by the insurer. Market Conditions Leading Up to the Crisis Rapid Increase in Subprime Mortgages and the Perpetual Cycle After jumping more than 6% in 1999,