Poverty and Homelessness - 1143 Words

Amanda Germain Mrs. Leeker ENG111 2/25/14 Poverty and Homelessness: An Annotated Bibliography. â€Å"Black Parents Demand ‘World-Class’ Education, Too.† Washington Informer. 20. Mar 2013. ProQuest. Web. 15 Feb. 2014. In the article ‘World-Class Education’, it said that education need to be affordable for the community of African American. Some African American children are dropout which had damaged the community. Without education, the middle class people would not be able to sustain their family which can lead to society loss. Parents need to back their children education and to avoid them from dropping out of school. The source wants the middle-class to educate themselves so that they could have†¦show more content†¦Many people lost their life’s savings after losing their jobs. The author of this book is Kowalski M. Kathiann. The book was published in Berkeley Height, New Jersey. I would use this book in my research paper because it said that people who are unemployed could not afford to pay for their mortgage and buy food. As a result, they become homeless and some of them live in a shelter. The book is credible because it explains why unemployment is the one factor of poverty. The author, Kowalski, had written several books such as World poverty, Poverty: Changing attitudes, and Inner-city poverty. The book is reliable because it is used for education purpose at the Nova library. Krugman, Paul. †America’s War over Poverty.† International New York Times. 11 Jan. 2014:9. ProQuest. Web. 14 Feb. 2014 In this article, it explains how value essential programs like food stamps and earned income tax credit had decreased poverty in the low- income families. With the help of these programs, lower-income family are healthier and better nourished before the programs came to place. Also, children in lower-income families who had access to food stamps were healthier and have a higher income later in life than people who didn’t. The low income families are the main reason why poverty is still high today. I would use this article for my research paper because it gives an example on how Americans can fight poverty in theShow MoreRelatedHomelessness And Poverty And Homelessness1699 Words   |  7 PagesCenter on Homelessness and Poverty 7) While a portion of today’s society turns a blind eye to the subject of the criminalization of homelessness, an even larger quantity of people are not aware of the situation that is happening in every major city of America. For those living an affluent lifestyle, it can be difficult to discuss the amount of poverty and homelessness that is constantly occurring. The definition and meaning behind the absence of home is also arduous to discuss. While homelessness is commonlyRead MorePoverty And Homelessness1715 Words   |  7 PagesPoverty and homelessness are very serious problems in the United States. In January of 2013 the count of people identified as homeless was larger than 600,000 (Segal, Gerdes, Sue, 2016). Many factors go into what makes this population so large, however this paper will focus on how much race plays a role in homelessness and poverty. Systems (Ecological) Theory Systems theory is a perspective that places emphasis on understanding how people fit into their environments (Segal, Gerdes, Sue, 2016)Read MorePoverty and Homelessness1942 Words   |  8 PagesPoverty and homelessness are serious issues in the U.S. today, especially because of the current recession, with levels of poverty and unemployment higher than at any time since the 1930s. Blacks and Hispanics are being affected disproportionately by homelessness, as well as poverty and unemployment in American society. This is just another example of the racial caste system and institutional racism that goes far beyond that of social class, and has always been the case in recessions and indeed withRead MorePoverty, Hunger, And Homelessness971 Words   |  4 PagesPoverty, hunger, and homelessness in America are much more common despite being the wealthiest nation in the world. Poverty is well-defined as having inadequate income to provide the food, shelter and clothing needed to preserve good health. Hunger is quite simply not knowing where your next meal will be coming from, to a certain extent simply being food insecure. Homelessness is homeless who are most often unable to acquire and maintain regular, safe, secure, and adequate housing. To live belowRead MoreThe Problem Of Poverty And Homelessness1604 Words   |  7 Pagesissue of poverty and homelessness in America. In fact, a study taken in 2015 gathered that with more interaction and willingness to help the homeless, the more empathy and compassion is gained for them, later resulting in a larger contribution from society creating a social change. I obtained this information based on a survey taken by Lindsay Phillips, a physiologist, that took it upon herself to ask working, undergraduate college students to describe their perceptions of homelessness, willingnessRead MoreHomelessness and the Cycle of Poverty717 Words   |  3 Pagespassed on to their children. Reported by Barbara Ehrenreich, an author with many books on the subject of homelessness in America, â€Å"Catholic Charities saw a spike of domestic violence... attributed to the unemployment and overcrowding.† (325)ï€  Ã¯â‚¬  Not having the funds to support oneself and one’s family causes stress and tension while otherwise might not have been there. Sadly homelessness and poverty have and will always go hand in hand. Many people due to financial hardships have to relocate constantlyRead MoreThe Problem Of Poverty And Homelessness956 Words   |  4 Pagestransportation and I see a person who is homeless I do one of two things: 1) Avoid eye contact and act as if they don’t exist or 2) I give them some extra food or my loose change. Poverty is something that most people tend to ignore, or act like someone else is there to fix it. This image critically argues that poverty and/or homelessness isn’t something that can be fixed with some coins it requires an actual change. This image makes this argument with its size and color, play on words that targets a specificRead MoreA Survey On Homelessness And Poverty1404 Words   |  6 Pagespoint in time by a survey provided by the National Alliance to End Homelessness, an estimated 740000 individuals are experiencing homelessness at any particular time in America (Aratani). Additionally, an approximated 3.5 million individuals are at risk of e xperiencing temporary homelessness at a certain point in a particular year with some 1.35 million children based on the report by the National Law Center on Homelessness and Poverty (Aratani). In 2005, 50 percent of the cities in the US were surveyedRead MoreThe Problem Of Poverty Of Homelessness950 Words   |  4 PagesPoverty WHAT I ALREADY KNOW/WHY THIS TOPIC Down my building street, a homeless lives there. I always wonder what brought him here. What was his previous occupation before living down the street and annoying everyone else. Questions started to rise. Are they really homeless? poor? or faking it up to attract people’s attention? I had an experience that made these questions rise weirdly. One day, I was sitting in Starbucks, located in Cary street beside Chili’s and I saw the homeless that howl besideRead MoreHomelessness : Difficulty Escaping Poverty1321 Words   |  6 PagesArjan Singh Mrs. Woolcock English IV-CP May 19 2016 Homelessness: Difficulty Escaping Poverty A homeless person is someone who lacks housing, including an individual who lives in a supervised public or private facility (What Is the Official Definition of Homelessness?). Being homeless means not having a place to call home, not having a stable income. It is not just individuals that can be homeless. There are millions of families living in poverty and on the streets all around the world, contrary to

Democracy, Education, And Legitimacy Essay - 1209 Words

Which political value do you think should be given priority in devising election reform and which reform areas do you think offer the most promise for improvising the status of the value in American political life? The American political system is incredibly convoluted, and continues to become so as constitutional rights are challenged. With civil engagement significantly lower in the United State than other reputable democracies, attempts to improve the system and increase public participation, political reformist have channeled their efforts to on the fundamental principles of US politics and other republic nations with who share the same values that are prevalent in a democracy. Throughout the semester, several of these values have been discussed however, the most important values fell under the following three categories: democracy, education, and legitimacy. When asked to explain their government officials and the system in which it operates under, a significant amount of American’s respond in ways that can only be described as cynical and repulsed. According to the Pew Research Center, â€Å"10% of Americans are what we call Bystanders, or the politically disengaged† and less than 1/5th of the population, â€Å"the lowest percentage seen in the past half-century†, can describe government as trustworthy, efficient, or altruistic (Fingerhut Pew Research Centre, 2015). With such an emergent percentage of potential-policy-influencers lacking faith, they incessantly question theShow MoreRelatedâ€Å"Democracy Is Popularly Conceived As Government Of The1547 Words   |  7 Pages â€Å"Democracy is popularly conceived as government of the people, for the people and by the people† (Hassan, 2003). The term is used to describe a political process by which all citizens and the nation have a direct involvement in the creation of running a country and creating the policies within it. Evidently it can be argued that political apathy is a serious threat to democracy directly. Contradictory to this representative democracy selects applicable individuals to allow them to be a voice forRead MoreExamine and Assess the Ways the State Claims Legitimacy Essay1514 Words   |  7 PagesExamine and assess the ways in which the state claims legitimacy. The state refers to the shared ideas and expectations regarding the ordering of social life, it is seen by social scientists as a set of practices and organisations. The state is an institutional order striving to create some order, thus preventing chaos in order to ensure law and order to encourage social stability. Governments include a part of the state, with the main concern being the protection of individual freedomRead MoreIs Democracy the Only Legitimate Form of Government?902 Words   |  4 Pages1. Evaluate the view that democracy is the only legitimate form of government A legitimate state can be defined as â€Å"A state in which its citizens have little or no significant resistance to the public policy and leadership of the state in question due to the rightful/legitimate exercise of power.† This Legitimacy of state is often a hard term to apply to any form of government in the modern political world due to the very differing cultures between the western and eastern world. However theRead MoreShould Mandatory Voting Be Banned?912 Words   |  4 Pagesthe decline in voter turn-out in the last several elections is one of great concern to Canada’s democracy. As a result, mandatory voting has gained the attention of many political scientists and political analysts. While there are good reasons to worry about Canadians’ diminishing voter turn-out, it is also fair to say that mandatory voting will not prove beneficial to the future of Canada’s democracy. Although mandatory voting will increase the voter turn-out, it will not c reate an informed voterRead MoreFamily Dynamics : An Amalgam Of Individuals, Sharing Genetic, And Social Contract1570 Words   |  7 Pagesincrease), and improvement in state legitimacy (16.8% of score increase). On the other hand, Senegal deteriorated its fragile state index score by 17.5. The primary causes for its states fragility lent to the security apparatus ( 18.1% of score decrease), poverty and economy decline (14% of score decrease), and demographic pressures (8.2% of score decrease) (Messner). From this data one can clearly see the correlation entre economy, state capacity, and state legitimacy as the primary criminal and championRead MoreEssay on American Electoral Democracy versus Chinese Communism676 Words   |  3 PagesBritain Winston Churchill said : â€Å"Democracy is the worst form of government except for all those others that have been tried.† May be he should have seen modern Chinese communism to moderate this passionate rhetoric. If we try to contrast two opposite governmental models like those of the USA and China, we will see that differences between them are not so obvious, as they might seem. American electoral democracy and Chinese communism are different in terms of legitimacy, self-correction and way to powerRead MoreGovernment Is Best, Autocracy Or Democracy1127 Words   |  5 PagesIn deciding which government is best, autocracy or democracy, one must first define their understanding of â€Å"best.† Should one be looking for structure, order, or longevity, then a reasonable response would be some variation of autocracy. However, if one is looking for a form of government which maximizes involvement from the general public and is flexible, then democracy may be a better option. Both autocracy and democracy style governments can be divided into further subcategories, such as a constitutionalRead MoreEssay about Democracy1421 Words   |  6 PagesLike a living organism, democracy must be born into a time where the parents, circumstances, are right to understand the potential of such a child, democracy, and the soil, society, may be described as the type of state that is ready to accept and nurture that child. Metaphors aside, democracy has been noted to provide a better opportunity for human development. Democracy is also commonly defined as a political system that is associated with free and fair elections. A democratic regime simply refersRead MoreA Steady Retreat from Democracy and a Growing Involvement in the European Union1692 Words   |  7 PagesA Steady Retreat from Democracy and a Growing Involvement in the European Union Heywood (2002) defines the ‘European idea’ as the belief that Europe ‘constitutes a single political community’ with shared objectives and difficulties despite its historical, linguistic and cultural differences. In the 20th century the European community essentially concerned itself with defence, peace keeping, and economic progress partly in response to the devastation caused by the SecondRead MoreAnalysis Of Joe Painter, A Political Geographer, And The National Health Service1593 Words   |  7 Pagesexist; â€Å"think of a state in which everyone acted peacefully and regarded all laws as legitimate. It would be wholly redundant!† (Hoffman, cited in Blakeley and Saward, 2009, p. 373). The state relies on its citizens to create a strong sense of legitimacy. In Northern Ireland there were two clear-cut views of the state. This is evident in murals depicting Nationalist and Republican views. These murals transitioned from opposing the political changes, to becoming more accepting and secure in the relationship

Capital Market Efficiency and Its Implication for Financial Reporting Free Essays

Capital market efficiency has been a widely debated topic since the term was introduced. The efficient market hypothesis was introduced by Eugene Fama in 1970 and is one of the most important topics that is covered in financial accounting theory. There have been many papers and studies that have backed the efficiency market hypothesis. We will write a custom essay sample on Capital Market Efficiency and Its Implication for Financial Reporting or any similar topic only for you Order Now There have also been many others that have tried to show that the markets are inefficient. Are securities markets efficient or not? I believe that they are, and because they are efficient, there are multiple implications of efficient securities markets for financial reporting. In 1970, Eugene Fama introduced the efficient market hypothesis. Since there are many definitions and forms of an efficient securities market, I will focus my attention on the semi-strong form. In the semi-strong form, a market is considered efficient when security prices traded on that market at all times fully reflect all information that is publicly known about those securities. This hypothesis or theory has had many proponents for and many against it in recent years. These people have done their own studies and research on the market trying to either prove or disprove that the markets are efficient. An important statement in the definition of an efficient securities market is publically known. It focuses on the theory that the market prices are efficient and include all publicly known information. It does not rule out that some people will have inside information, and they will know more about the company than the market. Since these people know more than the market, they may be able to earn excess profits on their investments if they choose to take advantage of their inside information. While most insider trading is legal, it is illegal for insiders to trade when they trade with information that is not publicly known to further their own profits. By enacting trading laws, like insider trading, it just further solidifies that the markets are efficient. Market efficiency is a relative concept. This means that the market is efficient relative to the quality and quantity of the publicly known information. Nothing in the definition suggests that the current market prices reflect the real firm value. Due to the possible presence of inside information, for example, the market prices may be incorrect. What the definition does imply is that once new or corrected information comes along the market will adjust the prices quickly. This adjustment happens because rational investors will revise their beliefs. They will start buying and selling securities due to their new beliefs which in turn will change prices. Another important point of the theory is that investing is fair game if the market is efficient. In an efficient market there is an expected return on that security, and one way to establish the expected or normal return is by using the capital asset pricing model. In an efficient market, the investors cannot expect to earn excess returns on a security over and above the expected return of the capital asset pricing model. Under the efficient market hypothesis, a security’s market price should fluctuate randomly over time. The reason that prices will fluctuate is that anything about the firm that can be expected will be properly reflected in the price by the efficient market as soon as the expectation is formed. The only reason that prices in an efficient market will change is if some unexpected and relevant information comes along. By examining a time series form by the sequence of price changes, the time series should fluctuate randomly. A random walk is a time series of price movements that will not follow any patterns or trends and that these past movements cannot be used to predict future price movements. There seems to be an increasing number of people against the theory of market efficiency including Professor Charles Lee (2010). He states that the market efficiency has its limitations. He uses the United States housing market as an example of a market that seems to have been dominated by greed. He believes that emotions now dominate the markets and assist in setting the prices in the securities market. The other emotion that he points out is that of fear. The unwillingness to grant credit and to take risks are direct results of fear. Since these emotions dominate people’s actions, the markets are not as efficient as originally thought. Shiller (1984) created a model which featured two types of agents. The two types of agents are â€Å"smart-money† investors and noise traders (ordinary investors). The smart-money investors focus on fundamental information and react quickly to news about fundamental information in an unbiased manner. Noise traders are vulnerable to fads and may also overreact to news. Noise traders may also trade for consumption-based or liquidity reasons. Since there are noise traders in the market that assist in driving prices, the markets are not completely efficient. Critics of market efficiency also point out that there are several recent instances where the market prices must have been set by psychological considerations instead of by rational investors. The first example is the stock market crash of October 1987. During this crash, the general economic environment stayed the same, but the stock market lost about one-third of its value. A second example is the Internet â€Å"bubble† of the late 1990s. The values assigned to high-tech and Internet related companies were inconsistent with rational valuation. In looking at market efficiency, any large swings upwards or crashes downward that do not have related unexpected information can be signs that the market is not efficient. Despite these cases and examples of reasons that the market is inefficient, I believe that for the most part the market is efficient. It is not completely efficient, nor will it ever be, but for the most part the securities are properly priced. I believe that if the market was not efficient, there would be more professional investors that would be able to beat the market as a whole. I believe that with the information and the speed with which it is available today it is more efficient than in 1970 when Fama first introduced market efficiency. I do agree with the notion that there are some people who invest with emotions. When you talk to people about a company such as Apple, you will find just as many people who â€Å"love† the company as you will who dislike it. My feeling is that most of the emotion trading will for the most part cancel out and will not represent enough trading to dramatically adjust market securities prices. There are many fund managers who believe that they can outperform the market. Efficient markets depend on these participants who think that the market is inefficient and trade in the market in an attempt to outperform the market. Jensen (1968) performed the first study of mutual fund performance. He found that active fund managers underperformed the market and were unable to add value. In my personal research, I have found that when looking at â€Å"professional† analysts opinions, they are all over the board. My belief is that fund managers should focus more on correctly diversifying people’s portfolios than suggesting and trying to get them to invest in securities that they feel are undervalued. In order for the market to be efficient, the arket must be able to quickly analyze and adjust prices for new information. Nowadays with the Internet, investment journals that come out daily, and television shows and channels related to securities markets, the markets are more efficient than in the past. An example of the market being able to react quickly was in the article â€Å"The Stock Price Reaction to the Challenger Crash: Information Disclosure in an Efficient Market. â€Å" Maloney and Mulherin found that â€Å"the market pinpointed the guilty party within minutes. Regardless of whether you agree with the efficient securities markets theory or not, there are many implications of efficient securities markets for financial reporting. In W. H. Beaver’s article â€Å"What Should Be the FASB’s Objectives†, he outlines four implications. The first implication is accounting policies adopted by firms do not affect their security prices, as long as policies are disclosed. The accounting policies have no differential cash flow effects, and the information is given so readers can ea sily convert across different policies. The policy that is chosen will affect the reported net income, but it will not directly affect future cash flows and dividends. The efficient market is not fooled by different accounting policies when securities of firms are compared. The second implication is that efficient securities markets go hand in hand with full disclosure. Management should report firm information if the benefits are greater than the costs. Investors use information that is available to them to improve decisions in market efficiency. Confidence in the securities market will increase because of the information available. An important standard of full disclosure is Management Discussion and Analysis. The objective of MDA is to enhance investor understanding of the issuer’s business by providing supplemental analysis and background material to allow a fuller understanding of the nature of an issuer, its operation, and known prospects for the future. The third implication is that market efficiency implies that financial statement information does not need to be presented in such a form that everyone is able to understand. The majority of investors are educated and will understand the information as presented. They are the ones who buy and sell and will move market prices to an efficient level. Naive investors are then price-protected since they can trust the efficient market to price securities. The final implication is that accountants are in competition with other information providers. With new pertinent information investors will change their beliefs. This revision of beliefs is a continuous process. If accountants did not provide useful, cost-effective information, the usefulness of this function would decline to other information sources. Accounting information is generally useful to investors. The theory of efficient securities markets has been around for more than forty years. The concept should be around for many years to come. As in all theories, there are people that will continue to try to further prove the theory and people that will work to disprove the theory. From all available information and from my experience, I believe that securities markets are efficient. Due to the efficient securities markets, there are many implications for financial reporting. How to cite Capital Market Efficiency and Its Implication for Financial Reporting, Papers

Leadership In Business Case Study Of Microsoft Antitrust - Samples

Question: Discuss about the Leadership In Business - Microsoft Antitrust Case Study. Answer: Investigated the incident; Large computer software manufacturer company Microsoft has been investigated and found guilty while violating public and government trust. The Antitrust case in which the company was found was discovered in the year 1995 and court alleged that the company violated the laws in the year 1997. The manufacturers were ordered to distribute their work systems i.e. manufacturing of software and applications management into two divisions. The trial took place in U.S District court and hence entire organisation faced a severe incident that caused major disruption and loss of productivity(Butts, 2010). Took actions to rectify the situation or to prevent it from occurring; In order to get through the situation, exclusive legal contracts were made with various parties along with making tie up with IE to Windows .50. Under the allegations made by government, the company signed a written decree which forbade the company from using its operating system for dominating other manufacturers in same domain(Economides, 2003). Communicated this to relevant groups or staff within your organisation Communication of such a dreadful event with the relevant group members was not easy. On the other hand, the case spread rapidly in public since government and local public were involved. Legal authorities were communicated at once along with lawyers who were suitable for the case(Brinkley, 2000). Evaluated any legislative or ethical considerations that may have impacted the way that you handled the incident; While handling the antitrust case of Microsoft, it can be considered as a legislative mistake in the company which not only gave a bad impact on employees, but entire nation showing unfaithfulness among technology companies in order to gain monopoly. The analysis made concludes that government and regulators will always thereafter keep these companies in sight from getting disorganised in todays competitive world(Domanska, 2018). References: Brinkley, J. (2000). U.S. VS. MICROSOFT: THE OVERVIEW; U.S. JUDGE SAYS MICROSOFT VIOLATED ANTITRUST LAWS WITH PREDATORY BEHAVIOR. Retrieved from https://www.nytimes.com/2000/04/04/business/us-vs-microsoft-overview-us-judge-says-microsoft-violated-antitrust-laws-with.html Butts, C. (2010). The Microsoft Case 10 Years Later: Antitrust and New Leading "New Economy" Firms. Retrieved from https://scholarlycommons.law.northwestern.edu/cgi/viewcontent.cgi?referer=httpsredir=1article=1105context=njtip Domanska, A. (2018). The Famous History of Microsofts Antitrust Case. Retrieved from https://www.industryleadersmagazine.com/famous-history-microsofts-antitrust-case/ Economides, N. (2003). The Microsoft Antitrust Case. Retrieved from https://www.stern.nyu.edu/networks/homeworks/Microsoft_Case.pdf