Tuesday, May 19, 2020

Theodore Roosevelt Jr. President of the United States of America - Free Essay Example

Sample details Pages: 3 Words: 1000 Downloads: 1 Date added: 2019/08/05 Category People Essay Level High school Tags: Theodore Roosevelt Essay Did you like this example? Theodore Roosevelt Jr.[1] served as the 26th President of the United States of America; he was born on October 27th, 1858 in New York City. He belongs to the Republican Party and at the age of 42, he became the youngest president of the countrys history. After the assassination of the President William McKinley, Theodore Roosevelt was sworn into the office. Don’t waste time! Our writers will create an original "Theodore Roosevelt Jr.: President of the United States of America" essay for you Create order He was known to lead the country to progressive reforms and held a strong foreign policy. Mr. Roosevelt brought new kind of excitement and power to the Presidency and was one of the most popular Presidents in the countrys history. He is known to be a man of action and was credited with greatly broadening the use of executive powers of his office. Mr. Roosevelt views that the President must act as a steward of the people and the President must take all necessary action that is in public interest. Mr. Roosevelt was born into a wealthy family, he faced lot of health issues since his childhood, and his triumph as a president and as a great personality advocates the greatness of a humble being despite his strenuous life. He faced some tough times in his adulthood including the death of his mother and his wife on the same day in 1884. After that incident, he spent a reclusive life in Badlands in Dakota for two years driving cattle and living a solitary life. He married for the second time in 1886 in London to Edith Carew. Before becoming the President of the United States, Roosevelt also served in the armed forces, he was lieutenant colonel in the Spanish-American War, and he was known to be one of the most conspicuous war heroes. After his stint with the army, Roosevelt entered politics and became the Republican candidate for Governor in 1898. He successfully won the election and became the 33rd Governor of the New York State. After leading a life of gratitude and humbleness, Theodore Roosevelt died on January 5th, 1919 at the age of 60. Roosevelts[2] progressive polices in New York made him unpopular among some influential circles in the Republican Party, and as such they made him Vice President in McKinleys Presidency, which is essentially considered as a voiceless position. However, after the death of William McKinley, Roosevelt at the age of 42 became the youngest and 26th President of the United States. Theodore Roosevelt is popularly known as Teddy Roosevelt. He served as the President of the USA from 1901 to 1909. He had a charismatic personality and his presidency is distinguished by his dedication to country and his futuristic thinking. He was equally popular among the rich and poor of the country and was known to introduce modern reforms in the country; in fact, he was known to be the first modern president of the USA. He was actively involved in politics since 1880s and as part of his political career; he initiated massive public relations programs. He represented America as a great military and soft power at the world stage. Apart from being credited with many firsts to his name, he was also deemed to be the first environmentalist president. He signed the National Monuments Act in 1906, which gave constitutional authority and duty to preserve national monuments, wildlife sanctuaries and forests. During his presidency, the country has grown very fast in every sphere and the countrys infrastructure both urban and rural grew stupendously. Apart from politics, Roosevelt was also an avid explorer; he enjoys travelling and has visited Europe and Middle East with his family in his young age. He spent some part of his later years vacationing in Africa. There he spent collecting specimens, giving lectures and travelling across Africa. Roosevelt was not happy with the presidency of William Taft and his inefficiency in enforcing progressive policies, and this had made him to try for another run for the presidency. Theodore Roosevelt[3] was also very good at academics, at the age of 18; he entered Harvard College and spent next four years studying at the college. Throughout his academic life, he excelled in studies and sports. After finishing his studies, he spent next one year studying in Germany and after that he returned to his country and entered into politics immediately. His first official position was as the member of Assembly of New York, there he established himself as a progressive thinker and an ardent reformer. After becoming the President, Roosevelt took an initiative for opening of the International Court of Arbitration at The Hague in 1902. Even though the organization was established in 1899, it did not perform to its established roles and responsibilities. Roosevelt played a major role in sorting out the differences between the US and Mexico at The Hague Tribunal, thereby setting an example at the world stage. In fact, Mr. Roosevelt played an important role in world politics, he used his influence to get other countries to sort their differences across the western hemisphere at the Tribunal. Theodore Roosevelt was truly an international statesman. In 1904, both Japan and Russia were engaged in hostilities, and Roosevelt played a major role in sorting the conflict. He played as a mediator through his offices between Russia and Japan to sort out their differences. Eventually he succeeded in signing of a peace treaty between Japan and Russia in 1905 and for which he was conferred Nobel Prize for peace in 1906. Roosevelt is remembered as Americas most famous Presidents and his legacy is often remembered for his role in changing the countrys political system by permanently placing the White House as the center stage for national and international politics. Today he is remembered as the countrys architect of modern presidency and as a man of great wisdom and a progressive reformer which has enabled America as one of the worlds great super power. References Biography.com Editors. Theodore Roosevelt Biography. 20 March 2015. 10 March 2017 . Nobelprize.org Editors. Theodore Roosevelt Biographical. 2014. 10 March 2017 . The White House. Theodore Roosevelt. 2016. 10 March 2017 . [1]From the archives of The White House [2]From an article published in Biography.com [3]From an article published in Nobelprize.org

Literacy Is Not Just A Term, It s An Existence - 797 Words

Literacy is nothing but learnedness. It is the competency to read and write. Literacy is not just a term, it’s an existence. Yes! Life of an aspiring student like me. Literacy made me what I am today. My life without literacy would be nothing. It is the key variable which helped me to cross the seas, a long way from my home nation of origin, my family and my companions to reach my aspirations in my life. By and large, parents would be the first teachers of their kids. Despite the fact that it was my mom who showed me up general things since adolescence, it is always my father who focusses on my education. He is the one who always motivates me by his standards and often inspires me by his commitment towards his business. It was my 3rd standard of primary schooling in the famous Christian Baptist missionary school, ST. Joseph’s high school. It was a very well famed school in our encompassing territory. Once my dad was extremely frustrated by my grades in the quarterly exa ms. He took me out for a walk to the temple in our community and explained me about the significance of studies and the career that would be there in case I’m going to study well. From the next day he used to focus on me in regards to my studies and used to assess me and train me. He likewise used to show me a considerable measure in regardsShow MoreRelatedComputer Mediated Discourse By Jannis Androutsopoulos1472 Words   |  6 Pagesare not directly influencing literacy, in fact, they introduce a new kind of literacy. From Variation to Heteroglossia in the Study of Computer-Mediated Discourse by Jannis Androutsopoulos, Always On : Language in an Online and Mobile World by Naomi S. Baron, From Statistical Panic to Moral Panic: The Metadiscursive Construction and Popular Exaggeration of New Media Language in the Print Media by Crispin Thurlow, Undergraduates Text Messaging Language And Literacy Skills by Abbie Grace, The EffectsRead MoreEvolution of Mass Communications Essay examples1151 Words   |  5 Pagesthe beginnings of an alphabet into a rock the size of a standard dinner table to letting a computer recognize words spoken into a speaker as it types away what it hears. Dating back to around 1700 B.C. when the first alphabet was said to come into existence, society has come far in different fields of communications. Nothing made as large of an impact in the world of communications as the revolution of the Internet. Although the impact has been large, the Internet was certainly not the first to revolutionizeRead MoreCuba and Castros Coming to Power1266 Words   |  6 Pagesgenerate economic growth. The ups and downs of Cuba’s economic performance had not affected the state’s considerable investment in social reform, foreign aid and military involvement. Underpinned by long term credit and trade agreements with USSR, the Cubans had achieved standards of health and literacy rivaling those of developed countries. After his coming to power, Castro had managed to reduce the infant mortality rate, a yardstick of development of development from 60 per thousand live childrenRead MoreWhat Ways Does Cultural Racism Manifest Itself?1651 Words   |  7 Pages26-30) what ways does cultural racism manifest itself? Explain your answer do not just list them. R- Cultural racism has been around for a long period of time. There is evidence of cultural racism during the time of great civilizations documented in our history books; such as Roman Empire, Greek Empire etc. This form of racism manifest itself in several ways. Certain cultures self-proclaimed superior to orders and they use that self-given authority to rule over smaller, weaker cultural identity.Read MoreCompare and contrast India and Chinas population1547 Words   |  7 Pagespopulation in the world. Both countries have realised that family planning and population control had to happen around the 1950s for India and the 1970s for China. This essay will seek to compare and contrast China and India, focusing on what the major problems facing both are, why have they both had to implement policies regarding population control, and the long-term and short-term effects that these policies have on the two countries. The major problem concerning China is over population. Due to overpopulationRead MoreConclusion of Corruption1522 Words   |  7 PagesPakistan and its Chronic Unemployment Pakistan is a nation that has been plagued by many problems throughout it’s more than 6 decades of existence. But one problem that has plagued it persistently is that of unemployment. It has an unemployment rate of 15.4% and ranks on 152/199 on the world employment table. Having one of the world’s largest populations also means that this 15.4% is a very large number in its own right. Now we know some basic problems as to why there is so much unemployment inRead MoreThe World Has Advanced Over The Centuries. To Ensure Progression1749 Words   |  7 Pagesare deployed to a region to settle local conflicts. Most recent missions include peacekeeping in Sierra Leone, Liberia, Burundi, Sudan, and Nepal. Since the 1990’s era, global conflict has plummeted 40%. Furthermore, The UN supports disarmament, an act of withdrawing dangerous weapons. The organization is currently combatting the existence of nuclear, chemical, and biological weapons. UN treaties have worked effe ctively for disarmament efforts. Treaties include the Chemical Weapons Convention ratifiedRead MoreThe Study Of Culture By Arnold, M., Raymond William And Attach Them With The Book1665 Words   |  7 PagesArnold,M., Raymond William and attach them with the book â€Å"Catcher in The Rye† by J.D Sellinger and explain my view of ‘’Culture’’. The plot of this book is based on a story of seventeen-year-old American schoolboy, who is expelled from the school just before the Christmas because of the poor progress. He spends three days in New York and reasons about his life and people around. The main character Holden Caulfield suffers from uncertainty and disillusionment in the world and moral crisis in societyRead MoreSocial Media s Impact On Society1260 Words   |  6 PagesSince the beginning of the 20th century, our generation had prospered and became remarkably advanced in this world. Furthermore, the greatest journey of innovation would be to, our precious, advanced technology. First, we began with just cell phones, next smartphones, in which, then opened a door to all theses different types of upcoming apps. Few of these apps have become a major key in our society; such as Instagram, Twitter, and Snapchat. These apps were as another form of social media. It hadRead MoreChallenging Inequity: . I Saw A Great Establis hment Of1707 Words   |  7 Pages(2011) identifies a key competency, â€Å"Tangata Whenuatanga: affirming MÄ ori learners as MÄ ori. Providing contexts for learning where the language, identity and culture of MÄ ori learners and their whÄ nau is affirmed† (p.2), one of which alludes to the existence of equity reform and progression. Likewise, teachers can expand on this key competency, and cater a wide range of substantial contexts for all learners of various cultural backgrounds and diversities, to affirm the motion of equity within the classroom

Wednesday, May 6, 2020

Yeats Easter Rising and Ideal World - 1506 Words

‘Yeats’s poetry is driven by a tension between the real world in which he lives and an ideal world that he imagines’ The poetry of Yeats gives a deep, profound and though-provoking experience. His sweepingly broad thematic focus deals with issues that are timeless and universal. We realise Yeats both is a very public and a very private poet, his work ranging from the personal and political, to Irish history and his own life experiences and emotions. He grew up in a very transitional time, where a world war and a civil war were both fought. This he captured in words such as ‘September 1913’, ‘Easter 1916’ and ‘The Stares Nest by my Window’. Later in life his preoccupation shifted and his work dealt with his obsession with†¦show more content†¦He realises that patriotism is not as glorious as he thought, it ‘makes a stone of the heart’ and that perhaps the price you pay is inordinately high. There is too much life lost, always the young and impressionable who suffer. By the end Yeats re-evaluates his faith in patriotism and nationali sm, seeing it comes at much too high a cost, the real world over-rules his imaginary, ideal world. The poem ‘Stares nest by my window’ portrays Yeats new found outlook on life, and he recounts his friends who’ve given so much in the name of patriotism. He portrays poignantly how war and patriotism can make men behave in brutal, barbaric ways. No more thought is given for human life ‘as they trundled down the road, the dead young soldier in his blood’. No empathy or thought is spared to the innocent victims of their fight in the name of nationalism. What is it to them ‘ a house burns, a man dead’. It has no real significance in their greater scheme. In this poem Yeats conveyed brilliantly the corrosive effects of fanaticism of the human soul. How it can rid a man of all sense of morality and what’s fair and just. He also shows how his ‘loosening masonry’ holds no protection for his anymore, that all people are susceptible to its effects. It’s clear from this series of poems that there is a real source of tension for Yeats between the real world and his initial ideal world and romanticised view or patriotism. Much later in life, Yeats’s preoccupation withShow MoreRelatedYeats: Easter Rising and Ideal World1491 Words   |  6 Pagestension between the real world in which he lives and an ideal world that he imagines’ The poetry of Yeats gives a deep, profound and though-provoking experience. His sweepingly broad thematic focus deals with issues that are timeless and universal. We realise Yeats both is a very public and a very private poet, his work ranging from the personal and political, to Irish history and his own life experiences and emotions. He grew up in a very transitional time, where a world war and a civil war wereRead MoreThe World During World War I1645 Words   |  7 PagesThe world experienced life changing inventions and events during the time of World War I, such occurrences influenced the literature and the authors of the time. The time the war took place, the world experienced technological advancements at an unimaginable pace. In addition to technology, the war also changed the fashion in which society worked. Women became more independent as more jobs were offered to them in order to aid the war cause. In addition, countries such as England experienced extremeRead MoreEssa y Publishing Industry: Irish Artists and Book Illustration1540 Words   |  7 PagesBetween 1830 and 1930 there was a huge expansion in the publishing industry. Through a series of industrial leaps, the publishing industry became an ideal medium for both innovation and expression. The combination of the development of a train network as well as the mass production of paper products allowed for greater distribution of published products. Not only that, but the invention and use of the printing press greatly influenced the accessibility of the publishing industry. As a result, theRead MoreThe Wild Swans at Coole by W.B Yeats3540 Words   |  15 PagesSwans at Coole by W.B Yeats is one of musicality as it is a direct expression of personal feelings, identified as the author’s. The lyrical poem includes three main subjects: setting, serving as a correlative to these feelings, Swans as the trigger, and the poet himself. Written in loosened iambic pentameter and consisting of fi ve six-line stanzas rhymed ‘abcbdd’, the poem’s reflective and melancholic mood reflect the time of the poems first appearance. During the year of 1916, Yeats’ spirits were lowRead More W.B. Yeats Poetry Essay2306 Words   |  10 PagesW.B. Yeats Poetry Many literary critics have observed that over the course of W. B. Yeats’ poetic career, readers can perceive a distinct change in the style of his writing. Most notably, he appears to adopt a far more cynical tone in the poems he generated in the later half of his life than in his earlier pastoral works. This somewhat depressing trend is often attributed to the fact that he is simply becoming more conservative and pessimistic in his declining years, but in truth it representsRead MoreWho Goes with Fergus11452 Words   |  46 PagesWho Goes With Fergus This poem is about the dichotomy of the thinker and the actor. Yeats, in love with Maud Gonne, was the thinker, the courtly lover -- the one who would brood upon loves bitter mystery. Yeats was Mr. Nice Guy. Yet Yeats wanted to be the actor - the alpha male - the Fergus. Note the sexualized subtext that permeates the poem, who will pierce the deep woods woven shade? Who will drive with Fergus. Finally, we get the reasons to be the alpha male - the man of action, in theRead MoreChanging Characteristics of Poetry from Modern to Romantics3272 Words   |  14 Pagesrevolution. After that the Modern age comes and its themes and style of writings are entirely different from Romantic and Victorian poetry. Modern poetry has its own themes such as, isolation, anxieties and dissilliounment of modern man in the time of post-World war. This paper aim to show the changing characteristics of poetry from Romantic to Modern age. â€Å"Poetry is an imaginative awareness of experience expressed through meaning, sound and rhythmic language choices so as to evoke an emotionalRead MoreA Picatrix Miscellany52019 Words   |  209 PagesMcKenna On the Moon and the Lunar Mansions IV. Extracts on the Moon V. The Mansions of the Moon: â€Å"On the Creation, Proportion and Composition of the Heavens for the Fashioning of Images† VI. The Picatrix: Lunar Mansions in Western Astrology VII. W. B. Yeats and â€Å"A Vision:† The Arab Mansions of the Moon On Ritual and Talismans Picatrix Astrological Magic Aphorisms Extracts on Planetary Ritual Clothing Twenty Two Benefic Astrological Talismans Astrology, Magical Talismans and the Mansions of the Moon Ritual

The Three Faces Of Eve Essay - 1188 Words

Introduction This paper is intended to inform its reader about Multiple Personality Disorder and whether it is fact or fiction. This paper was intended to be contrived after watching the film â€Å"The Three Faces of Eve†, directed by Nunnally Johnson in 1957. The star of the film, Joanne Woodard, portrays the title character Eve White, who acts through the separate personalities of Eve White, Eve Black, and Jane. Despite the doctors in the film being able to explain Multiple Personality Disorder, the question still arises today as to whether the disease is faux or factual. What is Multiple Personality Disorder? According to the researchers of mayoclinic.org, Multiple Personality Disorder, also known as Dissociative Identity Disorder, is characterized by a â€Å"switching to alternate personalities†. The host of the disorder feels the presence of one or more people living within their head. The disease was first discovered by â€Å"Dr. Jean- Martin Charcot, (the) chief physician at Salpetriere Hospital in Paris†. The disease was first thought to have been a mixture of epilepsy and hysteria, thus its original name being Hystero-Epilepsy. The early symptoms of the disease were: contortions, convulsions, fainting, and impaired consciousness (psycom.net). Fictional Reasoning Discussions about the reality of MPD have been recorded since the 1880s. On the fiction side of the disorder, those who opposed the idea of an actual personality disorder argued the fact that the disease had to beShow MoreRelatedThe Three Faces of Eve and dissociative identity disorder2060 Words   |  9 PagesHollywood interpretations. The Three Faces of Eve does a fairly admirable job of conveying the disorder even though information defining the illness was (and still is) limited at the time the movie was made. Eve White, Eve Black, and Jane, all played by Joanne Woodward, had distinct personalities. Eve White was the quiet, submissive homemaker who loved her husband and adored her little girl. She had very little personality and was displayed as being in a depressed state. Eve Black, on the other hand,Read MoreThe Biblical Story Behind The Temptation Of Eve1209 Words   |  5 Pages The Adam; Eve painting represents the biblical story behind the temptation of Eve. The biblical story of Adam and Eve can be found in the first book of Genesis in the bible. In this story Adam and Eve live in the Garden of Eden and God tells them that they can have any fruit from any tree, except one. Adam and Eve were told to stay away from the tree of knowledge and that if they were to eat the apples from this tree they will know what was good and bad, but ultimately it was their choice. ThenRead MoreAnalysis Of The Garden Of Eden 1124 Words   |  5 PagesIn the traditional Church-inspired depiction of Ad am and Eve in the Garden of Eden, Eve is responsible for taking the fruit and tempting Adam. In contrast, Michelangelo shows egalitarianism by depicting both Adam and Eve being equally responsible. Adam and Eve are not interacting with each other but are both taking the forbidden fruit from the tree. By employing traditional Jewish imagery in his â€Å"Temptation and Expulsion of Adam and Eve†, Michelangelo promoted a revolutionary change to the relationshipRead MoreAnalysis Of The Movie Wall E 908 Words   |  4 Pageshim from other Wall-e robots. This movie is an example of when robots contribute with humans in the future. WALLE is a robot that is all alone in the earth, which Pixar created with some friendly adorable characteristics for a fellow that only said three words. This robot is made for cleaning up the trash that surrounds the earth. The city in which WALLE is a city of trash, literally it is buildings made out of trash made by Wall-e. My perspective is Wall-e is a modern man in our generation. He wakesRead MoreBook report on The Daughters of Eve by Lois Duncan1354 Words   |  6 PagesThere are many characters in the story, Daughters of Eve. There are only five that stand out from the rest. These five are Laura Snow, Jane Rheardon, Fran Schneider, Tammy Carncross, and Irene Stark. These are the main characters in the story. They are all members of the club, Daughters of Eve. Laura Snow was a junior in high school. She was a nice girl with glowing eyes. She also loved this boy in high school named Peter Grange. He went out with her for a while, but in pity. Her parents wereRead MoreMilton s Paradise Lost, God, Satan Or Adam?1484 Words   |  6 Pageshas been pondered by all who read this epic poem of Milton’s since it was first published in 1667. To answer this question objectively, one must first define the word, hero. Webster’s dictionary defines hero as: â€Å"A person or character who, in the face of danger or adversity or from a position of weakness, displays courage, bravery or self-sacrifice for some greater good.† So, by using this definition as a guideline, I will attempt to analyze each character as portrayed by Milton to see who, ifRead MoreEve s Bayou, A 1997 Film By Kasi Lemmons896 Words   |  4 PagesEve’s Bayou, a 1997 film by Kasi Lemmons, teaches the true definition of family. Eve Batiste is constantly abused and belittled by her father Louis Batiste. Louis’ role in the film includes fathering three kids: Eve, Cisely, and Poe; also Louis is the husband of Roz Batiste. Louis betrays his wife and family for other women. He even has’ sexual intercourse with another woman in the same place of his wife. Louis is not the best father figure for the kids and he also constantly cheats on his wife.Read MoreDissociative Identity Disorder And Symptoms944 Words   |  4 Pagesresults in a new identity. DID Cases â€Å"The Three Faces of Eve† is one of the most know real-life cases of Dissociative Identity Disorder. Eve White had three different personalities: Eve White, Eve Black, and Jane. Eve White was her dominant personality. She was introverted, quiet, and serious. Eve Black had been alternating with Eve White for a number of years (King, 2012, p. 569). Eve White had no knowledge of her second personality. Eve Black had a desire for pleasure, action, and excitementRead MoreEve s Bayou, A 1997 Film By Kasi Lemmons920 Words   |  4 PagesEve’s Bayou, a 1997 film by Kasi Lemmons, displays the meaning of family. Eve Batiste is constantly abused and belittled by her father Louis Batiste. Louis’ role in the film includes fathering three children: Eve, Cicely, and Poe; also Louis is the husband of Roz Batiste. Louis betrays his wife and family for other women. He Even has’ sexual intercourse with another woman in the same place of his wife. Louis is not the b est father figure for the kids and he also constantly cheats on his wife. LouisRead MoreThe Death Of Death And Death Essay991 Words   |  4 Pagesdeeply by his death. Their faces are grave. In that there’s a hint of lamentation. Wolfe is the Christ of this piece. Christ was pure, innocent, and he died for his cause. Wolfe being painted Christ-like makes him innocent, pure, and dead for his cause. Wolfe is a martyr. Eve is a sinner. Sometimes death is linked with vanity. Sometimes death is linked with lust. German artist Hans Baldung (called Grien) painted an oil on wood called Eve, the Serpent, and Death in which Eve is shown naked, lustful

Dynamic Natural Monopoly Regulation System †MyAssignmenthelp.com

Question: Discuss about the Dynamic Natural Monopoly Regulation System. Answer: Introduction Monopoly is a term frequently used by economists to define a state where the exists only one producer of a product which owns no close substitute or a state where there is only one company in an industry with the company possessing no substitute. Example of monopoly products includes electricity, cable television and water. These firms own certain characteristics: they have no close substitution, one seller with many buyers, there is a restriction of entry of new firms because of the substantial barriers, and they need no advertisement as they have got the right hand to control the market, they are the price makers. In some situations, enhance monopoly for national security issues, to attain economies of scale for international competition. A natural monopoly exists where there is a vast extension of output for which economies of scale are experienced, and therefore it is sensible that only one firm functions (DiLorenzo, 1996). Analyze this topic I selected some sources based on the content, validity, and relevance. By the conventional, mainstream economic theory, the fundamental economic harm originating from monopoly is because of marginal cost and dead weight loss (Posner, 1974). Deadweight loss is the loss resulting from the unrealized gains from trade. Another reason for regulation is for economic motivation: to enhance allocative efficiency. The regulation also creates new welfare because there exists more business in the market. Unregulated natural monopoly would try to seek to maximize their profits by outputting value of output where marginal cost is equal to the marginal revenue. This is the choice profit maximizing companies would prefer though it comes with a disadvantage of a huge deadweight loss (Demsetz, 1968). For the profit maximizing or unregulated policy option, the company will set their prices by aspiring to attain MR=MC Where; MR (marginal revenue) is the excess money obtained by selling an extra unit while MC (marginal cost) is the surplus cost of selling an additional unit. Simply if the money acquired is greater than or equal to the excess cost of availing the good or service to the consumer, then the exchange will be viable made (Joskow, 2007). Producing the profit-maximizing quantity of product causes a deadweight loss. The deadweight loss is equivalent to the region between the demand curve and the marginal cost curve for the underproduction amount. For the second pricing option in a natural monopoly: optimal quantity for society, the monopoly model produces the quantity where price is equivalent to marginal cost (and therefore marginal social cost equals to marginal social benefit). P=MC This option becomes the best deal for a consumer as the price is low and therefore no deadweight loss is experienced (Demsetz, 1968). When P (price)=MC (Marginal Cost), you realize that the price Popt is below the average cost for the same quantity. In case the average cost was below the price then, the firm would lose money. The only way for the company to outlive is to get subsidies from the government. These natural monopolies therefore necessarily need regulation to avoid the extremes (Joskow, 2007). But here comes a question how has the regulation been managed? Governments have tried regulating natural monopoly through the following ways. Price ceiling: this is where maximum potential price being charged is enforced. This a regulatory of setting that a particular commodity cannot be charged beyond certain predefined price (Posner, 1968). Another method is the average cost pricing: this is a strategy known for inflicting a price point for a particular product that matches the general cost incurred by the producer company. The approach decreases the pricing flexibility of a firm and ensures that monopoly cannot encapsulate the margins above and below that which is sensible (Berg, Tschirhart, 1988). Tax or subsidy is also a regulatory method. The government can charge higher taxes on big players or provide grants for the small players. The rate of return regulation is also a means which is quite similar to average cost pricing. The percentage net profit earned by a company must less than a government set interest top avail a competitive environment (Berg, Tschirhart,1988). As an alternative, the government can actually allow for the existence of natural monopolies and regulate their prices. The following are the three different types of price regulations which include: Differential Tariff Average cost pricing and Marginal cost pricing The monopolist primarily has to set the price at a break-even point which is the major requirement of this price regulation that is the feature where the price can cover its own costs. As these are the cost production of the economy minimum profit is covered by them, which is required in keeping the firm stable in the industry. In the following graph, this point has been shown where AC = AR. Price is represented at PR and the output is pointed by QR. This kind of system appears to be fair for all firms since the price is brought down for the customers while allowing the monopolist to still make a return on investment that is reasonable but there are some problems (Lim Yurukoglu, 2015). The economic costs can be defined as the one which includes the making of the profit that is at the level of the next alternative that is best which means the opportunity cost. However, it is not easy to define what exactly it means. For stating the percentage of the return on investment this is the common approach made. For instance, the monopolist might be given a chance of earning around 8 percent of return on investment. So if the assets are having the net value of 1 billion dollars, then it will have the chance of making 80 million dollars profit. The government will take the profits that are earned more than this (Hawley, 2015). A reasonable level of return is defined under the average cost of approach for which the monopolist may be attracted for changing the records of the account for maximizing the returns. For instance, for justifying the higher profits the value of assets might be overstated. A small amount of investment and innovation In general, better profits can be earned by a company if it is lowering its operating costs and improving its productivity. But if their profits are regulated, for instance, only an 8 percent return can be earned by it additionally it can have little incentive for developing the new products or the techniques for production which will cost them low. However, it is not beneficial for the customer in the long run (Hawley, 2015). The regulations of marginal cost pricing will be requiring the organization in producing the output level in such a way that supply equals to demand. It means that it is the output level at which the competitive market will produce at. Here in graph MC indicates the supply and AR indicate the demand. With this intervention, the major problem is that sub normal profits are able to be earned by the monopolist at this level of output. The firm has to be subsidized by the government for making sure of its stay in the production. In the following figure, the shaded area represents that the subsidy should be equal to the subnormal profits. The price that has to be paid by the consumers is shown by PR while the value earned by the monopolist is indicated by PS. This situation is similar to the marginal cost pricing except in the fact that for covering the subnormal profits the government will be allowing the firms to charge the customers. For doing this two charges are imposed on consumers by a firm that is a variable charge and a fixed charge. The economic loss is covered by the fixed charge that is the gap present between AR and AC at QR. The price that the consumers are willing to pay is the level at which the variable charge is set that is at the regulated output level QR the average revenue is demanded. Conclusion In conclusion, regulation of natural monopolies remains an essential role in the economy of nations. Regulations prevent the companies from abusing its market power and therefore do away with a deadweight loss. In case the natural monopoly is regulated to get the optimal quantity of output, the firm will suffer an economic loss thus a government subsidy should be given to the company to defecate financial loss. In this essay, the various methods that can be used by the government for regulating the prices of the natural monopoly have been discussed. It also gives the view over the different types of price regulations through which the intervention of government in price setting of a natural monopoly can be understood. For setting the natural monopolies the final solution has been found that it should be owned by the government itself. There are many advantages associated with it. The government will have the opportunity of choosing the maximization of its profits and also feed it back into the country the profits that have been earned are the benefits that are included in it. Also, it can even direct the monopoly in earning lower profits and in turn with the help of these low prices it can benefit the consumers. In addition to advantages, there are also limitations for this price setting. The government will be having the mixed record of demanding to run a business is the disadvantage of th is policy: some of the time it can be done well and some of the time it is not done to the level expected. This also indicates that the government has to use public funds rarely. Some of the problems that are involved in this policy are it might encounter by using the cost benefit analysis which is very much difficult for the government in putting a value on a certain type of benefits and costs. Another problem is that it is very difficult in identifying all kinds of potential benefits and costs. From the above discussion, it is understood that if governments do not regulate price settings for natural monopoly than the monopolist will be producing the output at the level of maximizing the profits. The level of output is below the output level of the market equilibrium always for the natural monopolist. It means that the production of goods will be less and the price of those goods will be higher in the competitive market. Since it is a monopoly and faces average revenue that is sloping downward; at an output level, the natural monopoly is produced below the market equilibrium that is perfectly competitive. This will reduce the excess consumer and producer and will be resulting in burden loss. References Posner, R. A. (1974). Theories of economic regulation. Demsetz H. (1968). Why regulate utilities?.The Journal of Law and Economics,11(1), 55-65. Berg S. V., Tschirhart, J. (1988).Natural monopoly regulation: principles and practice. New York: Cambridge University Press. Lim, C. S., Yurukoglu, A. (2015). Dynamic natural monopoly regulation: Time inconsistency, moral hazard, and political environments. Journal of Political Economy. Hawley, E. W. (2015). The New Deal and the problem of monopoly. Princeton University Press. Joskow, P. L. (2007). Regulation of natural monopoly.Handbook of law and economics,2, 1227-1348. Posner, R. A. (1968). Natural monopoly and its regulation.Stan. L. Rev.,21, 548. DiLorenzo, T. J. (1996). The myth of natural monopoly.The Review of Austrian Economics,9(2), 43-58.

Discuss Two Major Theories of Ageing in Relation to the Development of an Individual free essay sample

Discuss two major theories of ageing in relation to the development of an individual In this part of the assignment I am going to produce two case studies, one on my character that is engaging and another on their neighbour disengaging. Case Study on Hannah Over the months Hannah has improved in all different areas. For example, she has started to go out again socialising and meeting new people, she has recently joined the Gym to improve her fitness and weighs the right weight for her age and height so she is now a healthy weight and she has also been meeting new people by going to the gym and becoming more social able with others, she has started going to rehabilitation for her misuse of alcohol and has been alcohol free for two months. She is now in full time working at a local care home so can afford to look after her children by feeding them and paying her bills such as water and gas therefore the children and herself can wash their selves therefore she has now got a high income coming into her household. We will write a custom essay sample on Discuss Two Major Theories of Ageing in Relation to the Development of an Individual or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page She has recently moved to a better estate in a clean home where there no mould growing on the walls therefore her asthma has improved because she do not have many asthma attacks like she did before when she was living in a poor quality house. Since becoming social able and meeting new friends she has now got back in contact with family which has helped by looking after her children while she is in work. She has now cut down on smoking and only smoking up to four times a day when before she was smoking at least 30 fags a day, this is due to her being less stress because stuff for her have started to look up and fitting back into place like it was before her husband died. Because of all these changes she is now engaging. Case Study on Jonathon Jonathon 45 years old has recently gone through a divorce with his wife that he was married to for 20 years. He used to be very active going to the gym 4 times a week and jogging a mile or two twice a week which he has now become un active and staying in most the time watching the television if not going to the shop to buy alcohol. he had a good paying job as a physical education teacher which he had a career in for 10 years which he has recently been sacked because he is always drinking. He used to be very social able going out with his friends to a local men’s institute which involved a couple of drinks on the weekend and a game of pool for a couple of hours but has lost contact with friends because of attitude and behaviour towards them. His family lives in America where as he lives in England and only family he had around him was his mother who had died two years ago before he was going through a divorce with his wife therefore he is alone which is due to becoming un social able. He is living in poor hygiene conditions such as after he has eat which is only three times a week because he relies on alcohol for his hunger he do not wash the dishes and chucks them underneath the settee, this has due to bacteria growing on his furniture such as mould, fly’s and rats into the house. Because he only has a low income because he is only receiving income off the dole he cannot afford to pay his bills, he has had several letters in the mail saying if he does not continuing paying his bills he will be out on the streets, because of these drastic changes in Jonathon he is becoming disengaged.