“Ocean Carriers” Case Essay

Accept that Ocean Carriers utilizes a 9% markdown rate. 1) Do you expect day by day spot enlist rates to increment or lessening one year from now? (5 focuses) 2) What variables drive day by day enlist rates? (5 focuses) 3) How might you portray the drawn out possibilities of the capesize dry mass industry? (10 focuses) 4) Should Ms Linn buy the $39M overturn? Make 2 distinct presumptions. To start with, accept that Ocean Carriers is a US firm subject to 35% tax assessment. Second, expect that Ocean Carriers is situated in Hong Kong, where proprietors of Hong Kong ships are not required to pay any assessment on benefits made abroad and are likewise excluded from paying any duty on benefit made on payload elevated from Hong Kong. (75 focuses) 5) What do you think about the company’s strategy of not working boats more than 15 years of age? (5 focuses) Arrangements: 1) Daily spot enlist rates ought to be dictated by flexibly and request. Gracefully: The quantity of boats accessible rose to the quantity of vessels in administration the earlier year in addition to any new ships conveyed less any scrappings and sinkings. Request: The interest for dry mass capesizes was controlled by the world economy, particularly its essential ventures. As appeared in Exhibit 5, since over 85% of the load conveyed by capesizes was iron mineral and coal, the measure of iron metal vessel shipments roughly mirrors the interest for dry mass capesizes. The measure of armada size mirrors the gracefully of capesizes. As appeared in Exhibit 3, the quantity of new ships conveyed in 2001 is 63. Since there had been not many scrappings as of late, and a large portion of the limit of the overall armada of capesizes was genuinely youthful, we can accept that the difference in armada size during 2001 fundamentally originates from these new ships. Similarly, we can expect the armada size in 2002 will be: 612+(612-552)*(33/63) ≈ 643 From Exhibit 6, as per the conjecture of the counseling gathering, iron metal vessel shipments will be 445 a large number of tons in 2002. We can figure the development paces of gracefully and request in 2002. We can see from the table over that the flexibly will become quicker than the interest, so I expect day by day spot employ rate to diminish one year from now. This can likewise be disclosed by the Linn’s examination. With Australian creation in iron mineral expected to be solid and Indian iron metal fares expected to take off in the following scarcely any years, Linn took a hopeful perspective on the drawn out market interest for capesizes. In any case, she additionally thought about that imports of iron mineral and coal would most likely stay stale throughout the following two years while gracefully increments. We can sensibly foresee that spot rates would fall in 2001 and 2002. 2) As referenced in 1), day by day spot recruit rates are dictated by flexibly and request. Request: As represented for the situation, the interest for dry mass capesizes was controlled by the world economy, particularly its essential businesses. Over 85% of the freight conveyed by capesizes was iron metal and coal. Creation and interest for these items expanded in a solid economy. Changes in exchange designs additionally influenced the interest for capesizes. Flexibly: The quantity of boats accessible rose to the quantity of vessels in administration the earlier year in addition to any new ships conveyed short any scrappings and sinkings. Sea bearers chose to convey new ships or scrap old ships for the most part dependent on the interest. Gracefully was additionally influenced by the increments in size and productivity the more current boats advertised. In addition, periods of boats influenced the company’s scrap choices and more seasoned boats collector lower every day recruit rates. In outline, the world economy, changes in exchange designs, the increments in size and productivity of new ships (innovation) and ages ofâ ships drive day by day recruit rates. 3) As delineated for the situation, with Australian creation in iron mineral expected to be solid and Indian iron metal fares expected to take off in the following hardly any years, Linn took a hopeful perspective on the drawn out market interest for capesizes. Linn expected that Australian and Indian metal fares would start in 2003, and that new supplies would fundamentally build exchanging volumes. Interest for capesizes would almost certainly increment with these higher exchanging volumes, potentially boosting costs. From the table above, we can locate that overall iron metal vessel shipments and contract rates had been firmly related truly. Iron metal vessel shipments and day by day enlist rate altered in a similar course. In addition, 3-yr sanction rates changed considerably more than iron metal vessel shipments, while spot rates would in general vacillate more broadly than 3-yr contract rates. As referenced above, Australian creation in iron mineral expected to be solid and Indian iron metal fares expected to take off in the following hardly any years. I expect overall iron mineral vessel shipments to increment steadily over the long haul, which would positively affect every day enlist rates. As far as gracefully, the quantity of boats accessible rose to the quantity of vessels in administration the earlier year in addition to any new ships conveyed short any scrappings and sinkings. As appeared in Exhibit 2, a large portion of the limit of the overall armada of capesizes was genuinely youthful, there would be not many scrappings in one years from now. As appeared in Exhibit 3, quantities of new ships conveyed encountered a descending pattern, which implies the flexibly wouldâ increase all the more gradually over the long haul. Therefore, every day employ rates would be relied upon to ascend over the long haul. I take an idealistic perspective on the drawn out possibilities of the capesize dry mass industry. 4) According to the data for the situation, we can get the accompanying table: Working days: Initially, 8 days a year were booked for upkeep and fixes. The time dispensed to upkeep and fixes expanded to 12 days out of each year following five years of activity, and to 16 days per year for ships more seasoned than ten years. Every day working expenses: For another boat going ahead line in mid 2003, working expenses were relied upon to at first normal $4,000 every day, and to increment yearly at a pace of 1% above swelling. The normal pace of expansion was 3%. Consumptions for exceptional reviews: Capital uses foreseen in anticipation of the uncommon studies would each be deteriorated on a straight-line premise over a 5-year time span. Devaluation: The boat would cost $39 million, and the worth would be deteriorated on a straight-line premise more than 25 years. In addition, the boat would cost $39 million, with 10% of the price tag payable quickly and 10% due in a year’s time. The parity would be expected on conveyance. What's more, Linn expected to make a $500,000 introductory interest in net working capital, which she foreseen would develop with swelling. Capital consumptions for exceptional overviews would happen in 2007 and 2012. The organization evaluated the piece an incentive to be $5M toward the finish of the fifteenth year. We need to consider charge misfortune when the boat is sold since the boat has a book estimation of 15,600,000. Assessment misfortune =(15,600,000-5,000,000)*35%=3,710,000. We can ascertain all out incomes as follows: Accept that Ocean Carriers utilizes a 9% rebate rate, NPV is negative. So Ms Linn ought not buy the $39M upset. b) Assume Ocean Carriers is situated in Hong Kong, we can figure all out incomes as follows: Expect that Ocean Carriers utilizes a 9% rebate rate, NPV is sure. So Ms Linn should buy the $39M overturn. 5) I think it is a decent arrangement to sell the vessel into the used market, or â€Å"scrap† the vessel not long before the third unique overview. Via doing this approach, the organization could stay away from overwhelming capital consumptions of the third, fourth and fifth reviews. Simultaneously, the organization could profit by the piece estimation of $5M. What's more, the organization could charge higher day by day enlist rates since vessels are similarly more youthful. So I think the company’s strategy of not working boats more than 15 years of age is acceptable.

Significance of the Stono Rebellion

Essentialness of the Stono Rebellion The Stono Rebellion was the biggest disobedience mounted by slaves against slave proprietors in provincial America. The Stono Rebellions area occurred close to the Stono River in South Carolina. The subtleties of the 1739 occasion are questionable, as documentation for the occurrence originates from just a single firsthand report and a few used reports. White Carolinians put down these accounts, and students of history have needed to reproduce the reasons for the Stono River Rebellion and the thought processes of the slaves taking an interest from one-sided depictions. The Rebellion On Sept. 9, 1739, from the get-go a Sunday morning, around 20 slaves assembled at a spot close to the Stono River. They had pre-arranged their disobedience during the current day. Halting first at a guns shop, they executed the proprietor and provided themselves with weapons. Presently very much furnished, the gathering at that point walked down a principle street in St. Pauls Parish, found about 20 miles from Charlestown (today Charleston). Bearing signs understanding Liberty, thumping drums and singing, the gathering traveled south for Florida. Who drove the gathering is muddled; it may have been a slave named Cato or Jemmy. The band of radicals hit a progression of organizations and homes, enlisting more slaves and murdering the bosses and their families. They consumed the houses as they went. The first dissidents may have constrained a portion of their volunteers to join the resistance. The men permitted the landlord at Wallaces Tavern to live in light of the fact that he was known to treat his slaves with more thoughtfulness than different slaveholders. The End of the Rebellion Subsequent to venturing for around 10 miles, the gathering of about 60 to 100 individuals rested, and the civilian army discovered them. A firefight followed, and a portion of the dissidents got away. The volunteer army gathered together the escapees, beheading them and setting their heads on presents as an exercise on different slaves. The count of the dead was 21 whites and 44 slaves murdered. South Carolinians saved the lives of slaves they accepted had to take an interest without wanting to by the first band of revolutionaries. Causes The revolting slaves were set out toward Florida. Incredible Britain and Spain were at war (the War of Jenkins Ear), and Spain, wanting to mess up Britain, guaranteed opportunity and land to any British provincial slaves who advanced toward Florida.â Reports in neighborhood papers of approaching enactment may have additionally incited the insubordination. South Carolinians were mulling over passing the Security Act, which would have required every single white man to take their guns with them to chapel on Sunday, probably if there should be an occurrence of turmoil among a gathering of slaves broke out. Sunday had been generally a day when the slave proprietors put in a safe spot their weapons for chapel participation and permitted their captives to work for themselves. The Negro Act The renegades battled well, which, as student of history John K. Thornton estimates, may have been on the grounds that they had a military foundation in their country. The regions of Africa where they had been sold into subjection were encountering exceptional common wars, and various ex-fighters ended up subjugated in the wake of giving up to their foes. South Carolinians thought it was conceivable that the slaves African sources had added to the disobedience. Some portion of the 1740 Negro Act, went in light of the defiance, was a denial on bringing in slaves straightforwardly from Africa. South Carolina additionally needed to slow the pace of importation down; African-Americans dwarfed whites in South Carolina, and South Carolinians lived in dread of rebellion. The Negro Act additionally made it obligatory for volunteer armies to routinely watch to keep slaves from get-together the manner in which they had fully expecting the Stono Rebellion. Slave proprietors who treated their slaves also cruelly were liable to fines under the Negro Act in an understood gesture to the possibility that unforgiving treatment may add to defiance. The Negro Act seriously limited the lives of South Carolinas slaves. No longer could a gathering of slaves amass all alone, nor could slaves develop their food, figure out how to peruse or function for cash. A portion of these arrangements had existed in law previously yet had not been reliably implemented. Noteworthiness of the Stono Rebellion Understudies frequently ask, Why didnt slaves retaliate? The appropriate response is that they now and again did. In his book American Negro Slave Revolts (1943), student of history Herbert Aptheker gauges that more than 250 slave uprisings happened in the United States somewhere in the range of 1619 and 1865. A portion of these uprisings were as frightening for slave proprietors as Stono, for example, the Gabriel Prosser slave revolt in 1800, Veseys resistance in 1822 and Nat Turners disobedience in 1831. At the point when slaves couldn't revolt legitimately, they performed inconspicuous demonstrations of opposition, going from work lulls to faking disease. The Stono River Rebellion is a tribute to the progressing, decided opposition of African-Americans to the abusive arrangement of servitude. Sources Aptheker, Herbert. American Negro Slave Revolts. 50th Anniversary Edition. New York: Columbia University Press, 1993.Smith, Mark Michael. Stono: Documenting and Interpreting a Southern Slave Revolt. Columbia, SC: University of South Carolina Press, 2005.Thornton, John K. African Dimensions of the Stono Rebellion. In A Question of Manhood: A Reader in U.S. Dark Mens History and Masculinity, vol. 1. Ed. Darlene Clark Hine and Earnestine Jenkins. Bloomington, IN: Indiana University Press, 1999.

PARENT-CHILD RELATIONSHIPS TODAY

PARENT-CHILD RELATIONSHIPS TODAY CHANGES IN PARENT-CHILD RELATIONSHIPS IN THREE GENERATIONS Home›Research Posts›CHANGES IN PARENT-CHILD RELATIONSHIPS IN THREE GENERATIONS Research PostsStephanie Coontz (1992) has changed the way we view the traditional American family in her book, The way we never were: American families and the nostalgia trap, and she has broken the myths that have kept us under the Illusion of the American family life with which we tend to measure the current state and trends in the American families.If we were to list out what exactly to us is the Traditional American family we would move on to describe mostly two kinds of family structures-One that was dominated by the grandparents as the head of the families and all members living under the same roof with harmony, where children were well taken care of and grew up secure under the love and guidance of their grandparents and parents. This was more of an authoritarian disciplined family structure where going against the rules of the family w ould be seen as sacrilege of the family norms and values. Due to a shared sense of responsibility the children grew up understanding their responsibilities as individuals in a close knit family structure. The whole family structure was looked upon as a system where each part was working together to keep the structure running.The other family structure would be of a nuclear family which is more similar to the modern family where the parents are intimately connected with each other and the mother is self sacrificing who is pre-occupied with giving the right kind of values to her children like sheltering “children from premature exposure to sex”and other financial worries. She is the perfect homemaker who takes immense pleasure in staying at home and taking care of her children and is also a devoted and doting wife. The husband/ father in this case is the “breadwinner” and head of the family who advices his children “not to sacrifice their education by going to work too early ”. The parent child relations in such cases are more friendly and where parents and children both evolve and grow simultaneously through trial and errors.However, according to Coontz (1992) these are just myths that have prevailed in the society and are harbored by more and more Americans “given the fragility of many modern commitments”. Coontz believes that the societies that existed back then were not as perfect as they are presumed to be. Most of the images formed in people’s minds are the ideal situations much publicized and exaggerated and they resemble “reruns of old television series”.Coontz in her book talks about two kinds of family structures that emerged in the 1920s which are very similar to a typical white, middle class family structure. There were families where the mothers were completely devoted to their children and were available to them at all times while they had a very “stilted and formal” relationship with their husbands. The second type of stru cture focused more on the husband and wife relationship where the wife was completely devoted to her husband catering to his sexual needs and demands while any emotional “overinvestment” in the children was looked down upon as an emotional weakness. While another idea that struck in the 1950s was that the woman should be able to balance both the aspects-mother-child relationship and husband-wife relationship, skilfully and willfully such that it drove a lot of woman to take to medications because of the immense pressure of perfecting their lives as per the prevailing idea.This resemblance is striking as it bears similarities with the relationships that our family had in those days and time. Just as Coontz describes ours is a typical white middle class American family where our bread and butter came from the family enterprise where all the sons were actively involved in the family business. As such my grandparents and we lived together and during the initial years my uncles staye d with their families in the same house. But as the families grew bigger they built their own houses just close by but were still involved in the family business. My father being the eldest stayed at grandfather’s house. Grandfather being the head of the family most family decisions were taken after they were discussed with him. All the ladies in the house were busy with the household chores and the bustle of so many kids that needed to be taken care of. Everything in the house was shared even toys and nothing really belonged to an individual family in the household. Although my father took good care of my mother private moments between them were few and far between. My father was a typical son who would do his work and come back home with grandfather, sit with the whole family for dinner and retire to bed early since he would be very tired at the end of the day. I had never seen my grandfather and father discuss anything but the family business with each other. Father would alway s respect my grandfather and not question his decision openly. They shared I suppose a respectful father son relationship which was more formal than personal. On Sundays, there would be revelry at home as all the family members-my uncles who had moved out by then and their families-would come over for the whole day. That was the day grandfather would spend time with us.The family business dwindled and my uncles moved out of the business to start something on their own and eventually we had to close the family business. Thereafter my father had to take the lead in running the family and my mother took to baking and supplying bakery products to give us a comfortable lifestyle and also take care of my grandparents. My father would often consult my mother on work related issues and would advice her in running her own business. We would also be involved in helping our mother out in her home production of baked products. As such our rapport with our parents was more personal than our gran dparents’ with their children. This arrangement also brought in some changes over the years in the interpersonal relationships with each other. My grandfather was no longer the head of the family and the decision making was not just one person’s right. We all made our own decisions in our own way. When I was 11years of age I no longer worked with my mum in the kitchen instead spent time with my friends. However, my sister who was 13 years still took a lot of interest in mum’s baking business.   Although my dad would get upset if I was out very late still he never brought this up with me directly instead conveyed it through my mother. As I grew up and readied myself for college I remember having long discussions with my father for the first time and that brought us closer. My father recalled not having such conversations with my grandfather all his life. Since, we all had our own work priorities and our own schedules we did not have dinners together at night. My father still ha d the habit of eating early just like my grandparents did and sleep early while my sister and I would come back home in our own time and ate in our rooms. I moved out when I was 18 years of age. So, yes there has been a change through the generations as our economic lifestyle underwent a change from a family business to my father being employed later in his life. With the shift in the head of the family the decision making and the culture of the house underwent a change. My mother was earning and independent and had regular discussions with my father which never happened before.Similarly, there is no way of saying which family structure was better and beneficial for us-the way my father lead most part of his life or the way we lead our lives. As Coontz (1992) puts it that a “traditional two-parent families had never guaranteed women and children protection from economic deprivation or physical abuse”. In fact most of the families where the males dominate, the males spend “mone y on beer or recreation while women and children went without needed food and medical care”. In fact the traditional so to speak “colonial” families which are considered to be disciplined and well bred were ‘patriarchal’ and authoritative. They could not stand disobedience from their children or their women. This family was only reared or taken care of by a single parent as the mortality rate was very high in those days such that by the time the children turned 21 one of their parents had already died. So, it would be unfair to say that the traditional families’ children were more secure than the present day modern families. There were other middle class families where the women were involved in some kind of home production and the children were handed over to the day care centers or the nannies that would look after them.   This is the story of the middle class family while the families on the lower strata did not even have this luxury as the children were also involved in working even at an early age.Our family is just one example of white middle class American family that saw three generations in the same house with different value systems and living in different cultural set ups. As the family grew the family business became insufficient to catch up with the fast changing world, higher standards of living and increased family members hence we separated, uncles went their own ways and so did my father. My mother took up baking as she had much time in her hands as the families started living independently and she wanted to contribute to our growing needs. But soon it became her interest.This brought in changes in our relationships as family members. Although my relationship with my father was never very close as he belonged to a different generation altogether but it was also not cordial as my grandfather-father’s relationship. I was much closer to my father in terms of discussing work or career related issues. Since, I had always seen my mothe r around and she was always very involved in our lives I was close to her as always. My sister was closer to my mother and they discussed everything from my sister’s boyfriends to her clothes. We, of course did not see each other at the dinner table everyday but that did not mean that we were not close as a family. I did move out at the age of 18 like all my other friends of my age and started earning my own living and funded my own education but I would often call up home to take important decisions or just to know how they were doing.There have always been debates as to which way is the ideal family structure that produces remarkable members of the society. Lot of people lament the fact that the traditional family system was destroyed by industrialization and that has degenerated the current generation. The families where children were reared at home and were taken off work were also accused of over protecting their children. But the fact is, as Coontz (1992) puts it that the †œFamilies have always been in flux, and often in crisis” (p. x). All these are just myths that broken families or one parent family usually turn out to be delinquents. There is no fixed rule or idea as to which family structure is the best or was the best. Families and the relationships that each member has with the other will keep changing with the changing age and culture.

PARENT-CHILD RELATIONSHIPS TODAY

PARENT-CHILD RELATIONSHIPS TODAY CHANGES IN PARENT-CHILD RELATIONSHIPS IN THREE GENERATIONS Home›Research Posts›CHANGES IN PARENT-CHILD RELATIONSHIPS IN THREE GENERATIONS Research PostsStephanie Coontz (1992) has changed the way we view the traditional American family in her book, The way we never were: American families and the nostalgia trap, and she has broken the myths that have kept us under the Illusion of the American family life with which we tend to measure the current state and trends in the American families.If we were to list out what exactly to us is the Traditional American family we would move on to describe mostly two kinds of family structures-One that was dominated by the grandparents as the head of the families and all members living under the same roof with harmony, where children were well taken care of and grew up secure under the love and guidance of their grandparents and parents. This was more of an authoritarian disciplined family structure where going against the rules of the family w ould be seen as sacrilege of the family norms and values. Due to a shared sense of responsibility the children grew up understanding their responsibilities as individuals in a close knit family structure. The whole family structure was looked upon as a system where each part was working together to keep the structure running.The other family structure would be of a nuclear family which is more similar to the modern family where the parents are intimately connected with each other and the mother is self sacrificing who is pre-occupied with giving the right kind of values to her children like sheltering “children from premature exposure to sex”and other financial worries. She is the perfect homemaker who takes immense pleasure in staying at home and taking care of her children and is also a devoted and doting wife. The husband/ father in this case is the “breadwinner” and head of the family who advices his children “not to sacrifice their education by going to work too early ”. The parent child relations in such cases are more friendly and where parents and children both evolve and grow simultaneously through trial and errors.However, according to Coontz (1992) these are just myths that have prevailed in the society and are harbored by more and more Americans “given the fragility of many modern commitments”. Coontz believes that the societies that existed back then were not as perfect as they are presumed to be. Most of the images formed in people’s minds are the ideal situations much publicized and exaggerated and they resemble “reruns of old television series”.Coontz in her book talks about two kinds of family structures that emerged in the 1920s which are very similar to a typical white, middle class family structure. There were families where the mothers were completely devoted to their children and were available to them at all times while they had a very “stilted and formal” relationship with their husbands. The second type of stru cture focused more on the husband and wife relationship where the wife was completely devoted to her husband catering to his sexual needs and demands while any emotional “overinvestment” in the children was looked down upon as an emotional weakness. While another idea that struck in the 1950s was that the woman should be able to balance both the aspects-mother-child relationship and husband-wife relationship, skilfully and willfully such that it drove a lot of woman to take to medications because of the immense pressure of perfecting their lives as per the prevailing idea.This resemblance is striking as it bears similarities with the relationships that our family had in those days and time. Just as Coontz describes ours is a typical white middle class American family where our bread and butter came from the family enterprise where all the sons were actively involved in the family business. As such my grandparents and we lived together and during the initial years my uncles staye d with their families in the same house. But as the families grew bigger they built their own houses just close by but were still involved in the family business. My father being the eldest stayed at grandfather’s house. Grandfather being the head of the family most family decisions were taken after they were discussed with him. All the ladies in the house were busy with the household chores and the bustle of so many kids that needed to be taken care of. Everything in the house was shared even toys and nothing really belonged to an individual family in the household. Although my father took good care of my mother private moments between them were few and far between. My father was a typical son who would do his work and come back home with grandfather, sit with the whole family for dinner and retire to bed early since he would be very tired at the end of the day. I had never seen my grandfather and father discuss anything but the family business with each other. Father would alway s respect my grandfather and not question his decision openly. They shared I suppose a respectful father son relationship which was more formal than personal. On Sundays, there would be revelry at home as all the family members-my uncles who had moved out by then and their families-would come over for the whole day. That was the day grandfather would spend time with us.The family business dwindled and my uncles moved out of the business to start something on their own and eventually we had to close the family business. Thereafter my father had to take the lead in running the family and my mother took to baking and supplying bakery products to give us a comfortable lifestyle and also take care of my grandparents. My father would often consult my mother on work related issues and would advice her in running her own business. We would also be involved in helping our mother out in her home production of baked products. As such our rapport with our parents was more personal than our gran dparents’ with their children. This arrangement also brought in some changes over the years in the interpersonal relationships with each other. My grandfather was no longer the head of the family and the decision making was not just one person’s right. We all made our own decisions in our own way. When I was 11years of age I no longer worked with my mum in the kitchen instead spent time with my friends. However, my sister who was 13 years still took a lot of interest in mum’s baking business.   Although my dad would get upset if I was out very late still he never brought this up with me directly instead conveyed it through my mother. As I grew up and readied myself for college I remember having long discussions with my father for the first time and that brought us closer. My father recalled not having such conversations with my grandfather all his life. Since, we all had our own work priorities and our own schedules we did not have dinners together at night. My father still ha d the habit of eating early just like my grandparents did and sleep early while my sister and I would come back home in our own time and ate in our rooms. I moved out when I was 18 years of age. So, yes there has been a change through the generations as our economic lifestyle underwent a change from a family business to my father being employed later in his life. With the shift in the head of the family the decision making and the culture of the house underwent a change. My mother was earning and independent and had regular discussions with my father which never happened before.Similarly, there is no way of saying which family structure was better and beneficial for us-the way my father lead most part of his life or the way we lead our lives. As Coontz (1992) puts it that a “traditional two-parent families had never guaranteed women and children protection from economic deprivation or physical abuse”. In fact most of the families where the males dominate, the males spend “mone y on beer or recreation while women and children went without needed food and medical care”. In fact the traditional so to speak “colonial” families which are considered to be disciplined and well bred were ‘patriarchal’ and authoritative. They could not stand disobedience from their children or their women. This family was only reared or taken care of by a single parent as the mortality rate was very high in those days such that by the time the children turned 21 one of their parents had already died. So, it would be unfair to say that the traditional families’ children were more secure than the present day modern families. There were other middle class families where the women were involved in some kind of home production and the children were handed over to the day care centers or the nannies that would look after them.   This is the story of the middle class family while the families on the lower strata did not even have this luxury as the children were also involved in working even at an early age.Our family is just one example of white middle class American family that saw three generations in the same house with different value systems and living in different cultural set ups. As the family grew the family business became insufficient to catch up with the fast changing world, higher standards of living and increased family members hence we separated, uncles went their own ways and so did my father. My mother took up baking as she had much time in her hands as the families started living independently and she wanted to contribute to our growing needs. But soon it became her interest.This brought in changes in our relationships as family members. Although my relationship with my father was never very close as he belonged to a different generation altogether but it was also not cordial as my grandfather-father’s relationship. I was much closer to my father in terms of discussing work or career related issues. Since, I had always seen my mothe r around and she was always very involved in our lives I was close to her as always. My sister was closer to my mother and they discussed everything from my sister’s boyfriends to her clothes. We, of course did not see each other at the dinner table everyday but that did not mean that we were not close as a family. I did move out at the age of 18 like all my other friends of my age and started earning my own living and funded my own education but I would often call up home to take important decisions or just to know how they were doing.There have always been debates as to which way is the ideal family structure that produces remarkable members of the society. Lot of people lament the fact that the traditional family system was destroyed by industrialization and that has degenerated the current generation. The families where children were reared at home and were taken off work were also accused of over protecting their children. But the fact is, as Coontz (1992) puts it that the †œFamilies have always been in flux, and often in crisis” (p. x). All these are just myths that broken families or one parent family usually turn out to be delinquents. There is no fixed rule or idea as to which family structure is the best or was the best. Families and the relationships that each member has with the other will keep changing with the changing age and culture.

The Impact Of Globalization On The People Of China

Introduction Globalization is a worldwide growth phenomenon where economies, communities, and traditions are being integrated through increased interaction (Goodman). However, the phenomenon has come amid controversies. It has both positive and negative effects on the globe. Positive effects include globalization of western corporations that at some point had their businesses solely operating in the western nations (Goodman). Fast communication channels have interconnected people around the world through mediums such as instant messaging, instant internet connections, and webcams that have replaced the slow paper mail (Goodman). Some of the negative effects include loss of culture especially in the third world countries. It has also led to exploitation especially of labor where employees work in very inhumane environments (Goodman). This paper will focus on a few aspects of globalization and how they have influenced the people of China especially their eating habits. Coffee is quickly replacing t he tea culture and fast food chains have targeted the large Chinese market. This change in the Chinese eating culture has come with some challenges like health problems. Coffee Culture Tea drinking has long history in China. It dates back to 5000 years ago when Emperor Sheng Nong was in the process boiling water and some teal leaves fell into the pot (Goodman). The quant tale is a clear demonstration of the key role tea plays in the Chinese tradition and history. Steaming cups ofShow MoreRelatedGlobalization Is A Process Of Interaction And Integration Among The People, Economics And Government Of Different Countries1329 Words   |  6 Pages Globalization is a process of interaction and integration among the people, economics and government of different nationalities. Globalization is not new, over thousands of years; globalization has progressed through travel, migration and the spread of culture. Globalization has many effects on the world today. Globalization has an overwhelmingly positive impact to most countries in terms of economy, political and cultural. Economic globalization is a worldwide phenomenon where countries economicRead MoreGlobalization, Glt1, Task 1 Essays818 Words   |  4 PagesGlobalization Western Governors University Globalization refers to the development of an integrated world economy, exchange of cultural views, thoughts, and products (Wikipedia, 2013). Pologeorgis (2012) states that, essentially globalization began with the exploration and settlement of new lands. Communication and transportation advances have aided in this process. Two non-Western countries that have been impacted by globalization are India and China. 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The Bible Is The Account Of God s Action - 864 Words

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The Number One System to Use for Writing Essay Samples for 8th Grade Uncovered

The Number One System to Use for Writing Essay Samples for 8th Grade Uncovered While the GPA and percentile is a straightforward formula, it's important to see that it's not always as easy as a number. As with GPA, it is determined through a mathematical calculation. Because the work appears in so many unique editions, you should cite certain lines rather than utilizing the standard MLA author-page number format. In any event, you should incorporate a concise summary that introduces the setting and plot and a description of the chief characters. Book reports are vital to the crucial reading procedure. Seventh-graders utilize every phase of the writing procedure and continue to construct their understanding of writing conventions. In earlier times you've stated that the move of independence may be too early. Write down the most important goal you want to accomplish to your informative speech. You're not totally convinced that independence is the thing to do. If you don't understand what is going on and why, your self esteem can suffer and you may become paralyzed. You've got zero idea where you're. Brainstorm ideas and pick the topic that's ready to attract your audience. Though it might not be possible to get ready for all of the problems that could find its place in the GRE question banks, but some sort of prioritizing would invariably be be of great assistance. From its name, you can guess that you need to have a crystal clear picture of a particular thing so as to offer your reader with a crystal clear and concise explanation. The family that used to reside in the city will learn that they definitely will need to do research before investing in real estate in the nation for a price which is too fantastic to trust. Pick a topic which you like. People are now overly determined by technology. Technology and the usage of the web has changed how my company is marketed. If you're going to compose an expository essay, be ready to devote much time hitting books. Your book report does not need to be persuasive, however. Locate the trust worthy information for the essay topic you are likely to work on. If you don't believe that you have sufficient basic wisdom and experience to compose a brilliant expository essay, you may use the customized paper help online. Inside this section you'll find samples of essays belonging to several essay types and manners of formatting. Take a look at the expository essay samples, which one can easily find online nowadays. There are lots of expository essay topics to select from. How to compose a persuasive essay. You are going to feel more confident, when you deliver your speech, should you feel confident and passionate about the subject. What's a persuasive essay. To start with, you should secure the significance of the expository essay definition and decide on the topic you understand well or at least find it interesting to find out more about. What is a great case of a persuasive essay. Where to Find Writing Essay Samples for 8th Grade Some schools enable students to switch classes many times throughout the year to provide each student a larger selection of experience. To get ready for the demands of middle school and higher school writing, fifth graders ought to be mastering skills needed for strong nonfiction writing. In eighth grade, students utilize every phase of the writing procedure and continue to construct their understanding of writing conventions. Teachers can keep students engaged by employing technology in projects to provide students an extra method to share their cre ativity beyond written projects. You may also easily compare prices at various vendors. Request prices in lots of places and compare them to comprehend how much it would cost to obtain the crucial sample. If an item exists, then you are going to probably have the ability to buy it online somewhere, and frequently you will also receive options of buying an item that's in a used condition, together with new. You've got easy accessibility to price comparisons and reviews of the products which you want to know more about buying. There is an abundance of information that can be found on the internet that you are able to research and gather for such a topic. You've got a maximum quantity of choice if buying products via the world wide web. There are a lot of coupons, and other kinds of special offers out there. In addition to internal markets, shopping online offers you accessibility to international goods. My preferred method is to choose what the most important character's journey is. Describe the 1 weapon you would suggest to your army to make sure that you're adequately protected. Randomly pick a few sheets every day, and have everybody in the class try to guess who is being described. You've woken up in the center of the desert.