Majority Rule In The Bahamas

59 Novembers back three men met up and structure the Progressive Liberal Party (PLP). They were Henry Milton Taylor, William. W. Cartwright, Cyril St. John Stevenson. They started meeting consistently talking about the advantages and disadvantages. They welcomed 7 men to go along with them however just 6 acknowledged the greeting. Henry Taylor was the Chairman, William was the treasurer and Cyril turned into the secretary. The gathering advanced in Nassau and chose to incorporate the external islands. At the point when sir. Lynden Piddling got back home from graduate school he joined the PLP party and that was the start of the way to dominant part rule.Sir Lynden Pindling, Randol Fawkes, Auther Hanna, Sir. Milo Butler Sr, Clarence Bain, Samuel Isaacs, and numerous other ladies and men arranged and planned to free there individuals from colonize. Around then racial isolation was a lifestyle in The Bahamas. The ‘blacks’ were alluded to as minorities individuals. They were schools were hued kids were not permitted to enter. They were places like lodgings, shops, and eateries were shading individuals were not permitted to eat. There were likewise houses of worship where minorities individuals were not permitted to sit in indistinguishable seats from the whites.In January 1954 the PLP held its first open gathering. In 1956 there was the main political decision. The Bay Street Boys began to get frightened that they would lose so they called the U. S. A police officers saying a Negro pilgrim party was attempting to assume control over The Bahamas. A gathering of lady drove by Jorgina Symonette and others gathered pledges to raise assets for the PLP. The PLP needed more assets to have fish fries, basic food item bins, free alcohol and gatherings to attempt to pay off the individuals like the Bay Street Boys did. The PLP would go around caps at gatherings to attempt to raise reserves yet it was not enough.The Bay Street Boys gave out free cash to the indivi duals for their votes. They would tear the cash down the middle and give half before the political race and the other after in the event that they casted a ballot openly. On political decision eve the white possibility for Grand Bahama from the UBP paid the dark applicant 1000 pounds to drop out. In the 1965 political race 6 PLP competitors were chosen. They were Sir. Lynden Pindling, Randol Fawkes, Samuel Isaacs, Sir. Milo Butler, Cyril Stevenson and Clarence Bain; they were known as the eminent six. In 1958 a question broke out over the conveying of guests from the new Nassau air terminal at Windsor field.Tour organizations had been shaped by the Bay Street Boys pushing out the Taxi drivers. On January 12 1958 there was a strike that broke that was emotional and effective. On November first 1957 the taxi association under the initiative of Sir, Clifford Darling and others obstructed all traffic to and from Nassau’s worldwide air terminal for a considerable length of time wh ile the official officials looked on weakly. Battle To accomplish Majority Rule On January 13 1958, each inn and business was shut down totally. The PLP drove a blacklist along Bay Street. The laborers took to the streets and shouted out â€Å"Not a perspiration until our requests are met†.On January 19, 1959 Doris Johnson had solicited to address the House from Assembly and lead a gathering of lady to announce to cast a ballot. They were denied sir Stafford Sands by him saying â€Å"over his dead body’. On July 31 1961 the award of the Woman’s Suffrage Movement was passed and ladies had the option to cast a ballot. The PLP government started the dynamic push for instructive change in The Bahamas by making optional training accessible to all Bahamians in 1967. This was critical to expelling the sizes of numbness from eyes of a people through a gigantic duty to educate.The late Sir Cecil Wallace Whitfield, one of the individuals from the principal dominant part rule Cabinet, was given the assignment to improve and Bahamianize the instructive framework. Gigantic capital uses were made to duplicate and overhaul essential and auxiliary schools, to establish specialized instruction and train new Bahamian educators. The government’s White Paper on Education accommodated the execution of expansive boundary including educators, guardians and understudies, and was strong of the high goals with the legislature upheld †self improvement, balance, the poise of work and administration duty and co-operation.The foundation of the PLP government additionally achieved another point of view toward financial turn of events. The goal was coordinated towards opening up more prominent financial and social open doors for the residents of The Bahamas and for more noteworthy adaptability of the economy. One of the significant fights to accomplish this goal was making Freeport Grand Bahama, protected and alluring for all Bahamians. During the 1970s, the PLP government propelled the â€Å"Social Revolution,† which incorporated the presentation of the National Insurance Scheme, an arrangement of standardized savings, which is proceeding with a monstrous minimal effort lodging programme.The PLP government likewise moved to improve the conveyance of human services by adding an augmentation to the Princess Margaret Hospital, redesigning and assembling new polyclinics all through New Providence and the Family Islands. On April 27th 1965 was Black Tuesday. A horde of PLP supporters lead by the PLP administrator walked from Windsor Park to Bay Street and collected in the front of the House of Assembly. Inside the House the PLP individuals lead by Pindling firmly restricted the amendment of the bounties draft request. He upheld a national enrollment of voters.Outside the House of Assembly the PLP supporters shouted out â€Å"Amend, Amend â€Å", â€Å"Shame and Scandal in The House†. Sir Lynden, at that point Leader of the Opposition, during the warmed discussion over the issue of limits yet in a deliberately organized move got up and tossed the Mace, the Speaker’s image of power, out of the window of the House of Assembly. He announced â€Å"The authority of this Island has a place with the individuals â€Å"and tossed the mace out of the window. â€Å"Yes, individuals outside and mace has a place outside with. † He yelled. After that Sir Milo Butler got up and tossed the two hour glass that were utilized to time to speakers out of the window.The UPB observed shockingly. Sir Lynden Pindling then drove the group singing the melody â€Å"We Shall Overcome†. ACHIEVEING Majority Rule A political decision was then approached January tenth, 1967. This was on the grounds that in the Bible in the book of Exodus the Lord said he will free the offspring of Egypt on the tenth day of the principal month. January tenth, 1967 was neither an end nor even a start. Rather, it was a significant achievement in an excursion that was started hundreds of years back when some mysterious slave struck a blow for opportunity just because. We interruption to give proper respect to the characters and players in this epic struggle.In a hard battled and serious political decision in 1967, the PLP conveyed the accompanying 18 individuals to a 38-part House of Assembly. They were: Lynden Pindling, Preston Albury, Clarence Bain, Milo Butler, Clifford Darling, Elwood Donaldson, Arthur Foulkes, Carlton Francis, Arthur Hanna, Warren Levarity, Curtis MacMillan, Uriah McPhee, Maurice Moore, Edmund Moxey, Jimmy Shepherd, George Thompson, Jeffrey Thompson and Cecil Wallace Whitfield. Randol Fawkes who effectively ran as Labor in 1962 and 1967 with the help of the PLP advocated the PLP and turned into an individual from the principal Majority Rule cabinet.He figured conspicuously in the development toward Majority Rule. Fruitful Independent up-and-comer Sir Alvin Braynen put his support behind t he PLP and acknowledged the post of Speaker of the House. These two warriors for equity and opportunity steered the famous result for the PLP and the primary Majority Rule bureau was framed: This recognized gathering comprised of Cecil Wallace-Whitfield, Milo Butler, Arthur Hanna, Clarence Bain, Jeffrey Thompson, Carlton Francis, Randol Fawkes, Warren Levarity, Curtis McMillan, Clement T. Maynard and Lynden Pindling.

A Group of Investors

Official Summary: A gathering of speculators (Arundel gathering) is investigating buying the continuation rights related with films created by at least one significant film studios. Film rights are to be bought preceding movies being made. Arundel needs to think of a choice to either buy all the continuation rights for a studio's whole creation during a predetermined timeframe or buy a predefined number of significant movies. Arundel's gainfulness is reliant upon the value it pays for an arrangement of continuation rights. Our examination of Arundel's proposition incorporates a net present worth computation of every film creation company.In request to choose whether Arundel can bring in cash purchasing film spin-off rights relies upon whether the net present estimation of the creation organization's motion pictures is higher than the evaluated 2M per film required to buy the rights. 1. For what reason do the principals of Arundel Partners figure they can bring in cash purchasing film continuation rights? 2. For what reason would the accomplices like to purchase an arrangement of rights ahead of time instead of arranging film-by-film to get them? 3. Gauge the per-film estimation of an arrangement of continuation rights, for example, Arundel proposes to purchase. You may utilize all or parts of Exhibits 6 to 9.You may likewise think that its accommodating to counsel the Appendix that clarifies how these numbers were readied. Expect a yearly rebate pace of 12% for hazardous film incomes, and a hazard free pace of 6%. a) First, basically process the estimation of the portfolio (I. e. at the time Arundel pays for the rights) utilizing the customary NPV approach, disregarding implanted choices. In view of this strategy, what amount ought to Arundel be happy to pay per spin-off right? As can be found in show to arrangement 2, we have evaluated the per-film estimation of every creation company.MCA Universal, Warner Brothers and Walt Disney Co are the main creation orga nizations that give a positive for every film esteem, with estimations of 9. 89, 1. 92, 12. 56 million individually. This worth is determined by partitioning the net present estimation of the considerable number of motion pictures by the absolute number of films. We likewise determined the normal estimation of every creation organization dependent on a lot of the all out number of motion pictures delivered. The organizations with positive qualities were MCA Universal, Warner Brothers and Walt Disney Co is additionally the main creation organizations that give a positive for each film esteem, with estimations of 1. 0, 0. 37, 1. 40 million separately. These qualities depend on the normal worth per film increased by the companyæš ¯ normal portion of the business. b) Second, change the NPV way to deal with represent the inserted option(s), clarifying the idea of the option(s) you center around. What is the inferred esteem per right? 4. What issues or differences would you expect Arund el and a significant studio to experience over the span of a relationship like that depicted for the situation? What legally binding terms and arrangements ought to Arundel demand?

Essay on Imagery in King Lear -- King Lear essays

Symbolism in King Lear  â â â â â â â â â â In the huge measure of composing that William Shakespeare had done in his profession as a dramatist as well as essayist when all is said in done there will undoubtedly be a few textures and reoccurring subjects that make his composing so mainstream and interesting.â In numerous cases it is difficult to tell whether the topical structure that numerous authors follow is purposeful or not, however it is conceivable that there is a thinking for a particular sort of symbolism that an essayist likes to plot his/her composition after.   â â â â â â â â â â There are overwhelming pictures which are normal for Shakespeare's work all through, anyway in a portion of the previous plays they are extremely evident and by and large intentional.â Imagery, as characterized by the Sixth Edition Handbook to Literature, is in its exacting sense an assortment of pictures in an artistic work that might be an article, expression or entity.â The Handbook clarifies that symbolism is regularly not purposeful but rather is by all accounts a reason for a gander at a more profound significance of a specific bit of work.â It is essential to know about certain intermittent pictures which are emblematic in Shakespeare, for example, the utilization of light and its segments in Romeo and Juliet, infection and how it is utilized in King Lear and what I will talk about in this paper the utilization of the heart as an element and how it is utilized in the shows composed by William Shakespeare.   â â â â â â â â â â The heart picture is seen actually over a thousand times underway of Shakespeare with a recurrence of very nearly thirty for each play and for the most part in the tragedies.â With such huge numbers of references of the heart utilized in the disasters and the average time allotment used to play out each play, which was around two hours, the crowd may hear twelve to fifteen heart pictures an hour and... ...est of the play.â King Lear is a man who is depicted as an exceptionally sympathetic man who lives on the way that his trust in his little girls will never be abandoned.â The selling out by his friends and family sets up the effect of the play which thusly shows how sensational the utilization of the heart and the entirety of its symbolism segments is for King Lear.â At the finish of the play when Lear loses his last girl Shakespeare drives us to comprehend that he had lead an existence of war and strife and has changed himself from being a harsh, hard, elderly person into turning into a mindful and complete human being.â Some pundits state that Lear may have kicked the bucket from a cardiovascular failure from all the pressure he needed to suffer in such a short measure of time.â I think he passed on from a messed up heart from the loss of his little girls, his mental stability, and the quiet life he so wanted during his retirement from the honored position.  Â

Black Swan The Identity Crisis of Nina Sayers - Literature Essay Samples

Nothing grows and changes throughout life like a person’s identity as people face new challenges and experiences every day. The protagonist of Black Swan film by director Darren Aronofsky, Nina Sayers (Natalie Portman) is faced with a fatal identity dilemma that changes her life. To say the least, Nina Sayers is a confused character. What starts out as a search for herself turns into an identity crisis that she cannot handle since she cannot distinguish real life from delusions. The search for identity is a rather delicate matter that if not carefully navigated could result in a catastrophic conclusion. Nina is a passionate ballet performer, who has dedicated her life to the dance. She is struggling to act the double role of the White and Black swan in the ballet performance Swan Lake. She can perfectly perform the White Swan but has a hardship with the Black Swan role. Despite this, her ballet instructor Thomas Leroy (Vincent Cassel) thinks she’s the best dancer for the role. Nina is an innocent young girl who plays accurately with her White Swan role. Her mother treats her like a child as is visible with the color symbolism of her clothing and bedroom with white and pink color signifying her childlike innocence. Thomas is constantly reminding her that to pull off the Black Swan she has to be seductive and spontaneous. She instead dances the role with restrictions and control which does not work because she’s using White Swan’s motivations which are similar to her personality. Thomas instructs her to lose herself in the Black Swan character, but she is unable to do it. This causes her to be furious and angry as she grows increasingly violent towards everyone around her, especially with her mother. Nina begins to question her identity as she is trying to free herself from her mother’s influence. As she does this, it further drives her character to become Black Swan. An element that clearly shows Nina’s struggles with her identity is the motif of violence. As Nina seeks maturity, her close encounters with her mother and other characters grow exceedingly violent. To Nina, the presence of her mother is preventing her from becoming the Perfect Black Swan. Nina gets more conflicted with herself as she turns her anger toward a newcomer Lily (Mila Kunis), her main rival for the role as Black/White Swan. Lily performs a perfect Black Swan, and she immediately becomes her greatest rival. Their rivalry takes on a dark, seductive and twisted form which will seek to devour them. Nina wants to be Black Swan but the only way is for her to let go of her restrictions. In one scene, Nina is intoxicated and has a sex dream about Lily. Initially, the audience is led to believe that they actually had sex but its later revealed that Nina went home with a different person. Nina struggles with this. She confronts Lily who is exhilarated after finding out Nina h ad a sex dream about her. This further fuels contempt for Lily as Nina feels as if she’s sabotaging her so that she might get the main role. He confronts Thomas about this who tells her, â€Å"The only thing standing in your way is yourself† (Aronofsky, 2010). Nina is obsessed about being the main star and this obsession becomes desperation when she feels like Lily is taking her spotlight. In the film, the depiction of Ninas hallucinations as she transforms into Lily further fuel the concerns about her identity crisis as it becomes impossible for her to tell what is real and what isnt. The same can be said of the audience. The delusions of Nina seep into the films main plots and the audience is left in disarray as to what is actually happening and what isnt. The film also shows Ninas struggles as she tries to grow and soar on her own. They eventually become significantly overwhelming for her, further dooming her identity to utter failure. Nina is going through different psychological issues. She is conflicted about who she is and what role she is supposed to play. She wants to be Black Swan, clearly knowing she does not possess the character in herself. Shes finally able to become Black Swan but it comes at a cost of destroying herself. Ni na’s identity was intact when she was just White Swan but the Black Swan caused her to be unsure of her identity which made her have an identity clash. Initially, she had a single identity but the search of Black Swan corrupted her personality which she now has no control over. In finding her new self, she lost herself. This rivalry becomes her undoing as she attacks Lily and stabs her before the performance. After she finishes her performance perfectly, it is revealed that she stabbed herself f which further shows how serious her delusions have gotten. A lot of things in this film could be argued to be symbolism like the rivalry could be Nina fighting with her inner self. The film engages in a whirl of instability that comes with the wrestling of the protagonists identities to clarify her reality. Black Swan suggests an idea that the perception of chasing reality and identity is both a futile and fatal endeavor.

Critique of Stuff Is Not Salvation - 871 Words

Valued Possessions vs. Insignificant Desires Anna Quindlen, a novelist, social critic, and journalist wrote an intriguing essay â€Å"Stuff is Not Salvation† about the addiction of Americans, who splurge on materialistic items that have no real meaning. The ability to obtain credit is one of the main reasons to blame for society’s consumption epidemic. However, Quindlen feels the economic decline due to credit card debt is insignificant compared to the underlying issues of American’s binging problems. Quindlen’s essay gives excellent points regarding the differences in America’s typical shopping habits. Additionally, she mentions how people acquire all this â€Å"stuff† but seem to never realize, â€Å"why did I get this?†(501). Quindlen makes her†¦show more content†¦There are plenty of examples that Quindlen gives to make her point across, that American’s spend money unwisely. For instance, in one of the examples, she mentions how every 16 months a person replaces a cell phone because it’s not as new anymore, and how toys are forgotten that eventually end up being junk (501). Quindlen then states the obvious â€Å"stuff does not bring salvation† (501). However, she lacks examples of cases where people’s wants actually provide the happiness they usually expect. Rich people, for example, have an extra sense of security because the worry and stress that belong to the poor is something the rich don’t have and don’t want. Plus, who wouldn’t want to afford desires such as not living pay check to pay check or putting their kid(s) through college? Sometimes not being able to afford these items can bring on depression or verbal abuse into a home. The reader’s would have a better understanding of the essay if she included some of these situations. Overall, Quindlen portrays her idea of happiness not being the materialistic things in life, but by the things that have true meaning. By true meaning, I believe she means items such as photographs that have a significant memory attached to it. She jokingly states, â€Å"Ask people what they would grab if their house were on fire, the way our national house is on fire right now. No one ever says it’s the tricked-up microwave they got atShow MoreRelatedIs Stuff Is Not Salvation, By Anna Quindlen922 Words   |  4 Pagessticks out in my mind, is Stuff is Not Salvation, by Anna Quindlen. Through her use of Ethos, she really brings to light how Americans have this ridiculous obsession with buying stuff. She notes how we are trying to use junk to make ourselves happier, but in the end, as Anna puts it, â€Å"The happiest families I know aren’t the ones with the most square footage† (Qtd in Perspectives pg 503). Before reviewing this article, I considered myself someone who didn’t necessarily NEED stuff, but as the assignmentRead MoreThe Philosophy Of Liberalism And M arxism Essay1390 Words   |  6 Pagesthe person torturing them by saying they believe, but this would only be to ease their suffering. He believed it would be in the best interest of the state to stay out of the religious affairs of the people. â€Å"The only business of the church is the salvation of souls and it is no concern to the commonwealth or any member in it: that this or the other ceremony be there made use of.† (A letter Concerning Toleration 1689) Locke believed in a strict separation of the church and government. We see this todayRead More How to Escape from American Consumerism and Materialism Essay2096 Words   |  9 Pagesof things brings us is always fleeting thus driving us further and further down the material path of life seeking nirvana around the next corner at the mall. Many modern philosophers have pondered this question, often giving rise to scathing critiques of consumerism as shallow; the product of a decadent and decaying culture. This is where most people turn away, not because they reject what the philosophers say, but precisely because they know it to be at least partially accurate and this is unbearableRead More Country Music in O Brother, Where Art Thou? Essay3561 Words   |  15 Pagesand spiritually unclean. His pale whiteness is something of a spectacle, which seems at odds with the way it is occasionally obscured. In one scene, the three encounter a mass baptism at a river. Delmar is the first to accept baptism as form of salvation, and by submitting to being dunked in the river, he believes he is redeemed and that his crimes have been washed away. Ironically, Delmars face continues to appear unwashed and pasty throughout the rest of the film. Though he naively believes otherwiseRead MoreFires on the Plain: Novel and Movie Essay examp le3078 Words   |  13 Pagesfor admission to the hospital yet, too ill to fight. These stragglers are rejects, as they are a burden to their respective units and failures in their respective orders striving for survival. These stragglers’ starving mouths offer a source of critique of the nation by entertaining thoughts of being capture as an American POW. From one joking straggler: â€Å"They’ll give us so much corned beef to eat we won’t know what to do with it† (Fires on the Plain). Americans believe in the world of prisonersRead MorePost Bureaucracy and the Politics7341 Words   |  30 Pageswhich these discourses have been contested and â€Å"displaced† by public sector professionals (Kirkpatrick and Lucio, 1995; Kitchener, 2000; Trowler, 2001; Doolin, 2002; Farrell and Morris, 2003; Kirkpatrick et al., 2005). A recurrent theme in these critiques is that the new forms reflect not the â€Å"end† of bureaucracy but a complex, and often highly unstable, bifurcation of the bureaucratic form which devolves operational responsibility whilst attempting to extend the controls exercised by senior managementRead Moreunethical advertising14492 Words   |  58 Pages(Xerox photocopier, Kleenex tissue, Vaseline petroleum jelly, Kotex tampons, Maxi pads sanitary napkins, Scotch Tape Clear Tape, Band-aid bandage, Visine eye drops, Q-tips cotton swabs, Rollerblades inline skates) -.- these must provide the stuff of fantasy to the holder of an advertising budget. The most common method for measuring the impact of mass media advertising is the use of the rating point (rp) or the more accurate target rating point (trp). These measures refer to the percentageRead MoreAsk the Dust by John Fante13686 Words   |  55 Pageslotion, cigarettes, candy, a watch, a lamp, new paper, ties, a robe and slippers, he bathes and enjoys his new possessions. When his new clothes arrive from the May Company, they also send along his old clothes, which he had asked be sent to the Salvation Army. Arturo tries on his new suit, but everything feels and smells foreign, itchy, stiff and str angling. He feels hogtied and like a buffoon, and wonders if this could really be the creator of The Long Lost Hills. The smell of his new lotions suddenlyRead MoreVampire Diaries61771 Words   |  248 Pagesthem. Elena felt her cheeks cool as she selected her lunch and went to join them. She wouldnt let Caroline upset her; she wouldnt think of Caroline at all. I got it, said Frances, waving a piece of paper as Elena sat down. And I have some good stuff, said Bonnie importantly. Elena, listen to this. Hes in my biology class, and I sit right across from him. And his name is Stefan, Stefan Salvatore, and hes from Italy, and hes boarding with old Mrs. Flowers on the edge of town. She sighed. HeRead MoreHistory of Pakistan18783 Words   |  76 Pagesappearance was in 1899 at the annual session of Anjuman Himayat-i-Islam in Lahore when he presented the poem, Nala-i-Yatim. At initial stages Dr Iqbal was a nationalist by ideas and his poetry contained verses like Tarana-i- Hind. His poetry was a critique of the existing societal conditions. Being educated from Europe, he knew all weak aspects of the Western culture. He criticized capitalism, materialism and lack of spiritualism. IQBAL- Focus on the conditions of the Indian Muslims Islam can salvage

Civil Rights - 1045 Words

The legislature of the fictitious state of Xanadu passes a law that states All people are welcome at all state-run swimming, beach and golf facilities, as long as they are white. Non-whites may not use any of those facilities. Within 24 hours after passage, Brenda, a civil rights attorney, brings a cause of action in federal court to have the new regulation ruled unconstitutional. The federal court immediately rules that the state law violates the equal protection clause of the 14th Amendment and issues an injunction against its enforcement. A week later, the state passes a new law that reads Because we dont believe that we are capable of managing integrated swimming, beach and golf facilities, we are hereby closing all such†¦show more content†¦The Court asked the question, was the closing of the state pools an action that denies â€Å"equal protection of the laws† to Blacks. They felt the answer was no since both races received the same treatment. The Courts also felt that neither the 14th amendment nor any Act of Congress purports to impose a duty on a State to begin to operate or to continue to operate public swimming pools. They felt that since this was not a case where whites are permitted to use public facilities while blacks were denied, nor a case where a city is maintaining different sets of facilities for blacks and whites and enforcing them to remain separate that there was no reason to force the city to reopen the swimming pools. They felt that it was constitutional because the city showed that integrated pools could not be maintained safely and economically. I do have to say that I disagree with the decision made by the court, which is probably why this particular case has been question. In other cases such as: Hernandez v. Woodard, 714 F. Supp. 963, 1989 and Shakman v. Democratic Organization of Cook County, 481 F. Supp. 1315, 1979. I believe that technically the decision made did not violate the 14th amendment, for reason stated above that everyone received the same treatment and that the privilege was taken away from all and not just one race and that they can’t force the State to run a public facility. But it does make you think, why is it as soon as the StateShow MoreRelatedCivil Rights And Civil Rights Essay1087 Words   |  5 PagesGovernment 2305 7 OCT 2017 Civil rights verses civil liabilities. Civil rights entail the basic need to be free from unequal treatment based on characteristics such as gender, race, nationality and disability among others. Civil rights are political rights, economic rights and social rights that are entitled to every citizen by birth in order to participate fully without oppression or discrimination against. Civil rights violation occurs in almost all phases of human rights. In case of employment peopleRead MoreThe Civil Rights Movement1286 Words   |  6 PagesThe Civil Rights movement is one of the most important acts to change the way not only African Americans were able to live their lives but all races and colors. It would slowly break down the social, economic, political, and racial barriers that were created by the The Age of Discovery and Transatlantic Slave trade. I believe without the Civil Rights acts our country would result to be no better than what it was when the Emancipation Proclamation just took effect. In the 1950s and long befo re, SouthernRead MoreWomans Civil Right1308 Words   |  6 PagesA Women’s Civil Right The speech †A Women’s Civil Right† was written in 1969 and the feminist author Betty Friedan delivered it. Betty Friedan was a proponent of the modern women’s movement and claimed that women in 1969 and onwards should not be trapped in the stereotypical housewife role. Friedan was convinces that social barriers in the society kept women imprisoned in â€Å"the housewife trap†. She wanted women to have better career opportunities, introduce equality with men and to eliminate theRead MoreCivil Rights And Civil Liberties1025 Words   |  5 PagesJennyfer Tshilanda Professor Sharifian Government 2305 September 28th, 2017. 1 Civil rights vs Civil liberties 1. 2 Define Civil Liberties; then define Civil Rights. How are they similar? How do they differ? Which civil sequence has more influence on your life as you know it to be now? Why do you believe this to be so? Civil rights and civil of liberties have regularly been the discussion of different locales throughout the years. In the achievement of social liberties and freedoms, laws and statutoryRead MoreThe Rise Of The Civil Rights Movement1179 Words   |  5 Pagesthat arose in the 1960s, there are three movements that truly affected the American society. Firstly, the rise of the civil rights movement was greatly influenced by racial discrimination of colored people in the South. Secondly, the women’s movement aimed to convince the society that women are capable of achieving and maintaining higher waged job like males. Lastly, the gay rights movement aimed to gain acceptance and stop discrimination of homosexuality. The most significant effect on the developmentRead MoreCivil Liberties And Civil Rights1081 Words   |  5 Pages1 McGahey 3 Megan McGahey Sherry Sharifian GOVT 2305 71430 20 September 2017 Civil Liberties vs. Civil Rights In the U.S. most use the terms Civil Liberties and Civil Rights interchangeably; although they both protect the freedom of citizens they do this in different ways. 2 Civil Liberties are limitations placed on the government. These are things the government is restricted to do, by the constitution. Things that could interfere with personal freedom. 3 For example, the 1st amendment says thatRead MoreThe American Civil Rights Movement1519 Words   |  7 PagesAmerican Civil Rights Movement is personified through several prominent personalities. These figures exhibited strong character throughout their careers in activism that revolutionized the ideals and opportunities of the 20th century, standing as precedents for courage and perseverance in the face of widespread systemic oppression. However, not all of these figures received the acknowledgment and acceptance that their legacy deserved. One such figure was Bayard Rustin, a lifelong Civil Rights activistRead MoreReasons F or The Civil Rights Movement1436 Words   |  6 PagesWhen did the Civil Rights Movement begin in earnest in Buffalo? The Civil Rights Movement In Buffalo was weak and many people were quiet and conservative. It was less a Movement than a group of scattered individuals, primarily black and Jewish. This Civil Rights Movement happened in the late 1960’s and early 1970’s. Some people believed that this movement began in Western New York. African Americans faced many social problems during this time period, which demonstrated the significance of organizingRead MoreCivil Rights And Civil Liberties1009 Words   |  5 Pages29 September 2017 Civil Liberties are basic freedoms and rights that are guaranteed to us by the government through the Constitution, Bill of Rights, and the Federal Law (â€Å"Civil Rights vs. Civil Liberties.†). Whether they are freedom of speech or a right to an attorney, these basic rights are a right to all of us. 1 Civil rights are the basic rights to be free from unequal treatment based on certain protected characteristics (race, gender, disability, etc. ) (â€Å"Civil Rights vs. Civil Liberties.†). WhetherRead MoreCivil Rights Movement823 Words   |  3 PagesIntroduction: This paper is about the blacks wanting equal rights like the whites have.Then everything gets out of hand.The fire truck hoses get used on people,the k-9 dogs go attack the people, people go to jail. King goes to jail and writes a report and gets out of jail. Finally, Birmingham takes down the â€Å"blacks only† and â€Å"whites only† signs from the bathroom and drinking fountains. Blacks now can use any bathroom and drinking fountain they want. The SCLC launched Project C† (for Birmingham)

Banking industry in Australia- Free-Samples-Myassignmenthelp

Questions: Discuss about the Market Structures of Banking in Australia. Answers: Introduction: The nature of a market mainly depends on the number of buyers and sellers present in the market, the type of good the market deals with, concentration of market powers and the freedom of entry and exit of new and old participants in the market. These factors cumulatively shape up a market for a particular good or service and together they give a more or less clear picture of conditions of the participating agents of the markets (Okuguchi and Szidarovszky 2012). Markets, in terms of economics, can be broadly divided into perfectly and imperfectly competitive types, with monopoly, oligopoly and monopolistic competitions falling in the latter category. The report discussed the problems that usually occur in an imperfectly competitive market. It specifically takes reference of the article, Australian watchdog says bank 'oligopoly' needs more reform, by Tom Westbrook and Byron Kaye, which focuses on the banking industry in Australia (Reuters.com, 2017). Essence of the Story: Four specific big players, namely the Australia and New Zealand Group of Banking, National Australia Bank, Commonwealth Bank and lastly the Westpac Banking Corporation, have long dominated the banking market in Australia. These four banking giants, giving the market an inevitable oligopolistic structure, significantly shadow the presence of other small players. According to the concerned article, the presence of oligopoly in the banking market has resulted in a significant concentration of market power in the hands of these four enterprises (Reuters.com, 2017). In fact, collectively these four giants form a cartel like structure, thereby controlling nearly four-fifth of the Australian banking sector, even pose as a credible threat of formation of future monopoly if they join hands, and operate together. However, these four banking enterprises are been accused of misusing their market power to substantial extent, for their personal profit maximization. The evidences of exploitation of their market powers are found in the series of scams and scandals regarding their operating methods (Shamsuddin and Xiang 2012). They are even accused of rigging of interest rates and scams in insurance policies, thereby becoming a cause of concern and anger among their clientele. People, as the article suggest, are losing confidence over the industry, thereby making this issue a cause of concern among the regulatory authorities. The presence of political support and lack of transparency are making the situation even worse and the sector needs to be subjected to extensive reforms and regulations in order to gain back peoples confidence (Tirole 2014). Economic Analysis: An oligopoly market is essentially one with a large number of buyers and a few sellers, thereby giving more market power in the hands of the sellers. One of the primary characteristics of this market is the strategic interdependence of the sellers, which implies that the strategic decisions of one of them are influenced by what strategies its fellow sellers are taking. The oligopoly market structure gives either rise to price war among the sellers or leads to formation of cartel and a collusive pricing strategy among them (Kopecky and Van Hoose 2012). Figure 1: Oligopolistic Market (Source: Created by author) The oligopoly market, as can be seen in the above diagram, has a kinked demand curve, due to presence of different elasticity of demand at different points. The equilibrium price and quantity levels are PE and QE respectively. From the above diagram, the existence of a gap between the cost of production and the price charged by the producers for the product can be clearly perceived (Dubovik and Janssen 2012). This provides support to the concerns raised in the chosen article, about the disparities in the cost and price structures by the above-mentioned banking enterprises and their extensive misusage of market power to maximize their own profits even at the cost of welfare of their clientele (Acharya, Gromb and Yorulmazer 2012). The threat of a possible formation of collusive monopoly by these four firms are credible to some extent and if that happens the gap between cost and pricing can be even more prominent, as can be shown in the following diagram: Figure 2: Monopoly Market (Source: Created by author) It is evident from Figure 2, that if monopoly occurs in the market, there will be presence of a substantial amount of economic profit, even in the long run, due to the presence of extreme market power and price making capacity in the hand of one particular enterprise or collusive structure, working as a monopoly (Acharya, Gromb and Yorulmazer 2012). In either ways, in a oligopolistic structure or a monopolistic environment, in absence of proper regulatory mechanisms, pricing disparities and misuse of market power by the sellers can be a common issue of concern, especially for those on the buyers side as they are the direct sufferers. The banking sector, as discussed in this report, is also experiencing a similar condition, the buyers being at the receiving end (Shamsuddin and Xiang 2012). Recommendations: In order to combat the situation discussed above and to lessen the lack of confidence of the clients of banking industry as a whole, it is essential to implement extensive reforms in this sector. The reforms can be primarily based on regulatory policies and a controlled interest rate mechanism, whereby the government of Australia monitors the interest rates set by these banking enterprises and intervenes if the rates cross a fixed upper and lower threshold. To break the oligopoly and the collusive structure, new entrants can be encouraged and can be given proper protection in order to secure them from being wiped off in face of stiff competition from these large banking enterprises (Corchn and Marcos 2012). Conclusion: Free market, in general, is desirable as this type of markets uniformly distributes market power among buyers and sellers, thereby eliminating the possibilities of inclination of the market in favor of any of the two participating agent groups. However, some markets show presence of imperfect competitions, as can be seen in the banking market of Australia, whose oligopolistic construct has led to misuse of market power by a few suppliers, leading to sufferings and anger among a large share of the clientele. This problem can be solved to a considerable extent by proper reforms in the form of strict and unbiased regulatory measure, monitoring systems and government intervention in the banking sector, as and when needed. Encouragement to small players can also be beneficial to form sufficient competition in the market, thereby reducing the market powers currently enjoyed by a few big players. References Acharya, V.V., Gromb, D. and Yorulmazer, T., 2012. 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Market value relevance of bank efficiency in Australia.Applied Economics,44(27), pp.3563-3572. Tirole, J., 2014. Market power and regulation.Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.