How do economic recession affect people's behavior Essay

How do economic recession affect people's behavior - Essay Example However, as the theory points out, the knowledge is never complete and this imperfection leads to economic growth. This may not always be so. In times of economic recession, the more the awareness of bad news, the greater is its impact on human behavior and the economic crisis. According to Charles Hodge, if a human being is assumed to behave out of necessity, he loses his identity as a rational person capable of deciding based on his thoughts and analysis (Hodge as cited in Cleveland, 2000). He becomes a mechanical person and can not be held responsible for the consequences of his behavior. Similarly if he is assumed to base his actions on the contingencies, he is imbibed with irrational and autocratic power of determination, acting even against his own will. Hodge rejects both these patterns of behavior that emerge from the utilitarianism theory. In the third behavior pattern viz., certainty, the individual behavior is explained by the individual’s own rational analysis of a situation and determination of what is best in his own interest, and is embraced by Hodge as the more appropriate explanation of human behavior. The subprime crisis in the USA led to large scale defaults in the mortgage industry and its contagion effect soon engulfed a host of other sectors like the financial institutions, banks and manufacturing industries. Bank failures dried up the credit available for the business and industry and this has in turn led to significant loss of jobs and consumer confidence. All the major economies of the world are facing a downturn due to globalization. Mass communications media ensures that individual behavior is influenced and aggravated by the frenzy of collective disaster. Loss of consumer confidence and credit squeeze are the major factors impacting human behavior in these circumstances. US economy which is characterized by a high degree of consumer spending, is witnessing consumer

Humorous Wedding Roast for a Sports Player :: Wedding Toasts Roasts Speeches

Humorous Wedding Speech for a Sports Player Good afternoon, Ladies and Gentlemen. For those of you that don't know me, my name is Martin and I'm here to say a few words about Bradley. But first of all, Bradley thanks for agreeing to be my groom today. And thank you, Marta, for allowing Bradley to agree. It's traditional for the best man to let the bride's parents know what sort of man has married their daughter - although, it's really too late now to do anything about it. Bradley and I have been friends all our lives, so you can trust me to be completely honest, and let you have it straight! First, you probably know that Bradley was born in 1975, which happens to be the same year the disposable lighter was invented - an invention that in his teenage years Bradley would find indispensable. But aside from that one small indiscretion, which was brought under control before there was any loss of life - and which he was never actually charged with, Bradley has lived an exemplary, if not a boring life. It wasn't until he joined my football club that he got into any real trouble. Before Bradley arrived we were so starved of success we did a lap of honour every time we got a corner. Although our fortune didn't change, Bradley immediately brought a new dimension to the team. But unfortunately, while he would consider his defensive play competitive, the referees would often interpret his face-high tackling as violent and dangerous. Away from the football field, I've only known Bradley to lash out once. It was a swift left hook dealt to a local thug who, having no idea that Bradley was left handed, approached him as he sat in the passenger seat of a friend's car and made a couple of disparaging remarks. Bradley beckons him over, winds down the window and wham - knocks the guy out cold. So here's a bit of a safety tip for you Marta: if you're ever out in Richmond and it looks like there's going to be trouble, stay on his right side! Now, as I understand it, Bradley actually proposed to Marta overseas, whilst they were skiing earlier this year. The holiday spanned Valentines Day and Bradley suddenly realized that after six years of being with Marta, he could combine the romantic day, the beautiful mountainside location and the rather favorable exchange rate - and finally propose.

Policies Introduced in the Past 25 Years Related to Education

Over the past 25 years, different policies have been put in place to influence the education system in different ways. Some sociologist would say that the main aim of these policies were to result in the marketization of the education system. Other sociologist would disagree; they believe that trying to create less inequality was the main intention when It comes to the educational reform. When the New Labour came to power, it seemed that policies they were in favour of were more aimed towards trying to create less inequality of different schools.One policy The New Labour introduced was free places in nurseries, this would ensure children from all backgrounds started educational development early and started to gain skills needed to start school. This would also give working class parents a chance to go out and work whilst their child is at nursery. They also introduced ‘Educational Action Zones’ these areas of deprivation were giving extra funding in order to lessen the inequality between these schools in worse areas to the schools in better areas.This is trying to give people of worse financial areas a better chance to gain access to good schools, and not just be limited to worse performing schools just because they live in a poorer area. They also introduced The EMA award, this was to try and get pupils to stay on in education past ages 16 (college, sixth form, apprenticeships etc. ) because if the pupils parent earned below a certain amount then the child would be entitled to ? 30 a week to help them with any costs that staying on in education may have.Although this may be contradicted by the inequalities that have been put in place by the steep rises in fees for universities, this has meant that working class pupils are at a disadvantage in comparison with the middle class. Previous to this; the conservative government introduced new right policies which are viewed as trying to create a market place out of the education system. They introduced several policies in order to force different schools in to competing with each other; this would then result in schools doing better.They aimed to create a parentocracy, where parents had much more choice when it came to schools for their children, they were able to choose which school they wanted their child to attend, rather than it being dependant on catchment areas like it was previously. This would result in schools upping their standards to gain pupils and ensure that parents would pick their school, funding was changed to be dependent on the amount of pupils a school had. By doing better than ther schools, more pupils would want to attend and result in more funding for the school, benefitting them and then helping them to improve further. Although, in order to rank schools against each other, there would have to be a system in place, so league tables were introduced and schools had to sit SATs and GCSE exams, the results were ranked in the league tables and parents could look through different schools to see where they were placed and pick the best school for their child, much like a market place.OFSTED were also introduced to monitor and inspect schools, they would review the schools standards in several different categories giving a report to be viewed in order to judge the school as a whole and give parents a wider range of data on the schools, giving them more understanding and a better basis to choose which school they would like their child to attend. These policies meant that standards for schools rose as they competed against each other and parents had a greater understanding of schools and had more freedom when it came to choice.On the other hand, it did also create problems, because the better schools got more funding and pupils, the worse schools weren’t able to get the funding they needed to improve which meant the gap between schools achievement became wider as the better schools got better and the worse schools became worse off this created greater inequality. Schools also started to exclude students that would affect their results in the league tables, this also created inequality.These inequalities may have been the reason for the new labour’s aim to wipe out the inequality because there was so much created. Overall, The Conservative party and New Labour both introduced new policies to the education system; the conservative was more aimed towards creating a market in the education system, whilst new labour strived to wipe out inequality in the system and tackle the issue of poverty. Although this being said, the new labour may have created more competition in the system by introducing faith and specialist schools.

Diabetes Epidemic Of Todays Youth - 1644 Words

Diabetes Epidemic in Today’s Youth According to the Centers for Disease Control and Prevention, the rate of childhood obesity has doubled in children and quadrupled in adolescents in the past 30 years (â€Å"Childhood Obesity Facts†). With increasing rates of childhood obesity, it’s not a surprise that diabetes is one of the most common chronic diseases found among children in the United States today (â€Å"Diabetes in Youth†). In fact, according to the American Diabetes Association, an estimated 208,000 Americans under the age of 20 will be diagnosed with diabetes in one year. Diabetes, or commonly referred to as diabetes mellitus by doctors and professionals, is a group of metabolic diseases in which a person’s blood glucose, or blood sugar, levels are too high. To understand how one’s body produces and reacts to sugar, one must have a basic knowledge of glucose and insulin. Humans obtain glucose from the foods they intake. Glucose is a vit al source of energy for the body’s cells and tissues. Insulin is a hormone that allows cells to turn glucose into energy; insulin helps transport glucose into the body’s tissues, thus giving cells the energy required to carry out the processes necessary for life. If a person’s body does not produce enough insulin needed for the body to function efficiently, the glucose stays in their blood, thus accumulating and causing a high level of blood sugar. (Medline Plus) There are two main types of diabetes mellitus: type 1 diabetes and type 2 diabetes.Show MoreRelatedObesity : Becoming A Public Concern1654 Words   |  7 Pages Executive Summary Obesity has become an epidemic in American societies that has become a public concern. According to the American Obesity Association (AOA), overweight and obesity rates are higher than ever in America’s youth. Obesity is the fastest growing cause of disease in American society today. 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