Tuesday, October 22, 2019
Particular historical event Essay Example
Particular historical event Essay Example Particular historical event Essay Particular historical event Essay It is the girls who originally went into the forest that really reflect the hysteria in the town. As more people are accused, their displays become more and more elaborate, and with Abigail at their head, they did not know when to stop. Miller shows that these bored girls caused a lot of damage to the community and made history from what began as a fun night in the forest. Did the girls do this for attention? Is one question that arises from the play. At this time in history, women had a limited role in society. Before they were married, they worked as servants and afterward; all they had to look forward to as becoming was Goody when they did eventually marry. Their lives were mundane and so they took the game too far, not realising how serious the consequences would be. The structure of The Crucible is consistent through each of the four acts. They all begin fairly quietly and lead up to the crescendo at the end of the act. And in turn, each of the acts led up to the finale in the fourth act. Building up on a larger scale, although in a similar format to the separate acts.Ã Miller takes a very well known historical event and uses it to create literature, he does this by using fact as far as possible, but adding his own spin to it. There were probably far more real people than characters, but again (as in Mr Wroes Virgins) to cast them all would have been too weighty. So Miller uses a select few characters to put across the social significance of this event. The type of language used by each author is relevant to the time in which they have set their text. The characters in The Crucible have their own dialect and accent, and Miller tries to put this across by dropping the g from words ending ing. Also in The Crucible, they split the sentence and place the subject either in the middle or the end of the sentence, and the subject and verb are used in the wrong order. For example, Look you or Sit you down. They confuse the past tense and use the word were instead of was, Proctor was angry but describes it was, it were a temper, one would usually say, I was angry, or I had a temper The characters too use the word be in place of is. However the language that Rogers uses in Mr Wroes Virgins is fairly biblical. It is more developed in sentence structure than that used in The Crucible, and this is mainly due to two reasons the dominant theme in Mr Wroes Virgins is religion and the language reflects this. The community was very church based and would have spoken in this manner as people tended to learn to read through the bible. Joanna is the most religious of the girls in Mr Wroes Virgins and this is particularly evident in her speech; she considers herself a handmaiden and all of the girls were to call each other sister. This is also shown in Martha, she is taught to read by Joanna and she learns this from the bible. As she progresses towards becoming more human she realises that she feels, solid joys, this is a phrase from a hymn, which she understands because of the way she feels, and also when she acknowledges her changing from a stone and now has life. Mr Wroe is evidently, very biblical, requesting the girls for comfort and succour, meaning: assistance and support in hard times. Most of the language is fairly similar to modern speech, with similar sentence structure but more old fashioned usage. Both writers use well-known historical events to create literature; and because they did not know all of the facts that went towards creating the particular historical event and so by adding their own touch of creativity they bring the events alive for the reader. Rogers knew most about Mr Wroe in terms of characterisation and historical background, however she does not focus on him. For the reader the novel revolves around the girls, but the girls lives revolve around Mr Wroe. Rogers used her knowledge of Mr Wroes life, for example his predictions over cholera and the use of trains to build up the story, but only gives Wroes background in the Historical note. Miller also used knowledge of the witch trials to create his play with as much accuracy to many events as possible. The story of Abigail and John Proctor is true and although many people are not mentioned, due to the sheer number of them,Ã The fate of each character is exactly that of the historical model, and there is no one in the drama who did not play a similar and in some cases exactly the same role in history.
Monday, October 21, 2019
St. Albert the Great Quotes
St. Albert the Great Quotes Known as Doctor Universalis (Universal Doctor) for the extraordinary depth of his knowledge and learning, Albertus Magnus wrote extensively on numerous subjects. Here are some words of ââ¬â¹wisdomà from a variety of his writings, as well as quotations that have been attributed to him. St. Albert the Great Quotes The aim of natural science is not simply to accept the statements of others, but to investigate the causes that are at work in nature. De Mineralibus (On Minerals) The beaver is an animal which has feet like those of a goose for swimming and front teeth like a dog, since it frequently walks on land. It is called the castor from castration, but not because it castrates itself as Isidore says, but because it is especially sought for castration purposes. As has been ascertained frequently in our regions, it is false that when it is bothered by a hunter, it castrates itself with its teeth and hurls its muskà away and that if one has been castrated on another occasion by a hunter, it raises itself up and shows that it lacks its musk. De Animalibus (On Animals). The Isidore Albertus refers to is Isidore of Seville, who wrote an encyclopedia that included descriptions of many animals, both real and fabulous. Do there exist many worlds, or is there but a single world? This is one of the most noble and exalted questions in the study of Nature. Attributed He took over anger to intimidate subordinates, and in time anger took over him. Attributed I shall not conceal a science that was before me revealed by the grace of God; I shall not keep it to myself, for being afraid of attracting its curse. What worth is a concealed science; what worth is a hidden treasure? The science I have learned without fiction I transmit with no regret. Envy upsets everything; an envious man cannot be fair before God. Every science and knowledge proceeds from God. Saying it proceeds from the Holy Ghost is a simple way of expressing oneself. No one can thus say Our Lord Jesus Christ without implying Son of God our Father, by work and grace of the Holy Ghost. In the same manner, this science cannot be separated from the One who has communicated it unto me. The Compound of Compounds. The science Albertus is talking about is alchemy. In studying nature we have not to inquire how God the Creator may, as He freely wills, use His creatures to work miracles and thereby show forth His power; we have rather to inquire what Nature with its immanent causes can naturally bring to pass. De Vegetabilibus (On Vegetation) Nature must be the foundation and model of science; thus Art works according to Nature in everything it can. Therefore, it is necessary that the Artist follows Nature and operates according to her. The Compound of Compounds Now it must be asked if we can comprehend why comets signify the death of magnates and coming wars, for writers of philosophy say so. The reason is not apparent, since vapor no more rises in a land where a pauper lives than where a rich man resides, whether he be king or someone else. Furthermore, it is evident that a comet has a natural cause not dependent on anything else; so it seems that it has no relation to someones death or to war. For if it be said that it does relate to war or someones death, either it does so as a cause or effect or sign. De Cometis (On Comets) The second great wisdom ... is the science of the judgments of the stars, which provides a link between natural philosophy and metaphysics ... No human science attains this ordering of the universe as perfectly as the judgment of the stars does. Speculum Astronomiae (The Mirror of Astronomy) This dumb ox will fill the world with his bellowing. Attributed. The quote was supposedly in response to students calling Thomas Aquinas a dumb ox because he tended to stay so quiet. To say that there is a soul in stones simply in order to account for their production is unsatisfactory: for their production is not like the reproduction of living plants, and of animals which have senses. For all these we see reproducing their own species from their own seeds; and a stone does not do this at all. We never see stones reproduced from stones ... because a stone seems to have no reproductive power at all. De Mineralibus Whoever believes that Aristotle was a god, must also believe that he never erred. But if one believes that Aristotle was a man, then doubtless he was liable to error just as we are. Physica
Saturday, October 19, 2019
Black Men and Public Space
Darkness is known for its negative undertone. In earlier times, we saw darkness as an interpretation of evil; likewise, light represented God and all good. From literature we, as a society, have built what later became social rules, giving rise to things such as prejudice. In Brent Staples essay ââ¬Å"Black Men and Public Spaceâ⬠this is clearly shown by the authors own experiences of antipathy and hostility towards him caused by his own self. In ââ¬Å"Black Men and Public Spaceâ⬠, Brent Staples begins by coming to the realization of the way heââ¬â¢d be viewed for the rest of his life. He describes feelings of uneasiness towards his newfound self-image. It all came to him one evening in an ally where his tall frame walked behind a young woman. She proceeded to perceive him as a threat to her safety even her life, and race off into the night. Later on his ââ¬âproblem- took a deeper hit on him when even as a professional this image continued to follow him. It evolved into harm for himself when he is mistaken for a thief several times. Toward the end the author learns how to manage this issue by cleaning his image, and controlling his rage toward the ones who considered a criminal. Consistent rejection can cause a man ââ¬âor woman to see the world as of one color or the other, to the extremes. Thus creating a situation of self-blame where one might think and accept that every bad incident its their own fault. He is blaming himself for actions that occur without actual intent of the so-called attacker. In ââ¬Å"Black Men and Public Space,â⬠Staples writes, ââ¬Å"My first victim was a womanâ⬠(566). This phrase creates a dark tone that only gets clearer as the essay moves on. The image of ââ¬â the victim- is passed onto the author itself. And the fact that is proclaiming himself as an aggressor indicates that he has acknowledged this as a reality. In todayââ¬â¢s society, people have the tendency to change how they ââ¬âact and react- toward certain groups of people, places of interaction, friends and strangers. It can range from lowering safety standards when ones home, to the point of running from someone that, by mistake, its portrayed and related to something harmful. This can create a unique experience, most of the time being of uneasiness and stress. Staples write, ââ¬Å"I First began to know the unwieldy inheritance Iââ¬â¢d come into- the ability to alter public space in an ugly wayâ⬠(566). It is clearly stated in the previews quote that the author is now experimenting a new way of social awareness that itââ¬â¢s brought upon him by just being that way he is. It is surprising how fast people tend to judge yet it also can be way of protection. Even though the author might not be the real aggressor that does not takes the fact that another man like him could be the authentic one. Todayââ¬â¢s civilization has grown with fear. Fear of loosing whatââ¬â¢s theirs, fear of the police, fear of politics, fear of whatââ¬â¢s unknown and different. Sometimes this can manifest in avoidance of the subject but in some occasions it can be a little more ââ¬âactive-. Staples writes, ââ¬Å"And I soon gathered that being perceived as dangerous itââ¬â¢s a hazard in itselfâ⬠(567). As a result of his dangerous association the author realizes that itââ¬â¢s unsafe to be outside too. As some women tend to opt just to sprint away from you, some men might choose to fight the problem. This brings concerns to the author who apart form being socially un-welcome is now threatened by his own naturally built image. Fear is accompanied by a need for survival. Some animals grow being dominant, creating fear to control. Other just decide to hide hoping not to be involved into precarious situations. In ââ¬Å"Black Men and Public Spaceâ⬠, Staples describes, ââ¬Å"I chose, perhaps unconsciously, to remain a shadow ââ¬â timid, but a survivorâ⬠(568). Staples explain that he took the ââ¬âsmaller animal- path and tries to remain un-recognizable in order for him to have a safer journey around avoiding confrontation. Is easier to hide that to fight but in the long run that ââ¬âeasiness- brings other problems, where self-blame can evolve to depression and self-depreciation. It comes a time in every manââ¬â¢s life when he has to choose between himself and society. When he has to decide whether to stand on his own or simply hide his true self in order to escape confrontation, arguments and possible rejection. Most people have a tendency to ââ¬â go with the flow- be just like everyone else. Staple writes, ââ¬Å"I now take precautions to make myself less threateningâ⬠(568). This quote describes the idea previously expressed. He chooses to alter his image to make his journey safer. In order to add this newer safer self, he must subtract what he was before, losing his identity. In Staples essay ââ¬Å"Black Men and Public Spaceâ⬠, big issues are explored and described in a way that we can relate to without getting lost in the context. On a narrow sense the essay can be viewed as how the author goes through the realization of how he is pictured, moving to the changes he has to make to be -socially- less threatening. Doing this one can go a process of depression and losing identity. This is just the example of only one person but this case is not reserved to him only, it happens to almost everyone and in many different levels. We are 6,602,224,175 humans suffering form all kind of unreal and unfair treatment and as a result, hate and resentment are created, and in fact they are he main cause of racism and un fair treatment towards others thus creating a vicious cycle from which we need to get out in order for humans to walk though these crowded streets in harmony. Work Cited Brent Staples. ââ¬Å"Black Men and Public Spaceâ⬠. Four in One: Rhetoric, Reader, Research Guide, and Handbook. Eds. Eduard A. Dornan and Robert Dees. 5th Edition. Boston: Longman, 2011. 167-169. Print Black Men and Public Space Darkness is known for its negative undertone. In earlier times, we saw darkness as an interpretation of evil; likewise, light represented God and all good. From literature we, as a society, have built what later became social rules, giving rise to things such as prejudice. In Brent Staples essay ââ¬Å"Black Men and Public Spaceâ⬠this is clearly shown by the authors own experiences of antipathy and hostility towards him caused by his own self. In ââ¬Å"Black Men and Public Spaceâ⬠, Brent Staples begins by coming to the realization of the way heââ¬â¢d be viewed for the rest of his life. He describes feelings of uneasiness towards his newfound self-image. It all came to him one evening in an ally where his tall frame walked behind a young woman. She proceeded to perceive him as a threat to her safety even her life, and race off into the night. Later on his ââ¬âproblem- took a deeper hit on him when even as a professional this image continued to follow him. It evolved into harm for himself when he is mistaken for a thief several times. Toward the end the author learns how to manage this issue by cleaning his image, and controlling his rage toward the ones who considered a criminal. Consistent rejection can cause a man ââ¬âor woman to see the world as of one color or the other, to the extremes. Thus creating a situation of self-blame where one might think and accept that every bad incident its their own fault. He is blaming himself for actions that occur without actual intent of the so-called attacker. In ââ¬Å"Black Men and Public Space,â⬠Staples writes, ââ¬Å"My first victim was a womanâ⬠(566). This phrase creates a dark tone that only gets clearer as the essay moves on. The image of ââ¬â the victim- is passed onto the author itself. And the fact that is proclaiming himself as an aggressor indicates that he has acknowledged this as a reality. In todayââ¬â¢s society, people have the tendency to change how they ââ¬âact and react- toward certain groups of people, places of interaction, friends and strangers. It can range from lowering safety standards when ones home, to the point of running from someone that, by mistake, its portrayed and related to something harmful. This can create a unique experience, most of the time being of uneasiness and stress. Staples write, ââ¬Å"I First began to know the unwieldy inheritance Iââ¬â¢d come into- the ability to alter public space in an ugly wayâ⬠(566). It is clearly stated in the previews quote that the author is now experimenting a new way of social awareness that itââ¬â¢s brought upon him by just being that way he is. It is surprising how fast people tend to judge yet it also can be way of protection. Even though the author might not be the real aggressor that does not takes the fact that another man like him could be the authentic one. Todayââ¬â¢s civilization has grown with fear. Fear of loosing whatââ¬â¢s theirs, fear of the police, fear of politics, fear of whatââ¬â¢s unknown and different. Sometimes this can manifest in avoidance of the subject but in some occasions it can be a little more ââ¬âactive-. Staples writes, ââ¬Å"And I soon gathered that being perceived as dangerous itââ¬â¢s a hazard in itselfâ⬠(567). As a result of his dangerous association the author realizes that itââ¬â¢s unsafe to be outside too. As some women tend to opt just to sprint away from you, some men might choose to fight the problem. This brings concerns to the author who apart form being socially un-welcome is now threatened by his own naturally built image. Fear is accompanied by a need for survival. Some animals grow being dominant, creating fear to control. Other just decide to hide hoping not to be involved into precarious situations. In ââ¬Å"Black Men and Public Spaceâ⬠, Staples describes, ââ¬Å"I chose, perhaps unconsciously, to remain a shadow ââ¬â timid, but a survivorâ⬠(568). Staples explain that he took the ââ¬âsmaller animal- path and tries to remain un-recognizable in order for him to have a safer journey around avoiding confrontation. Is easier to hide that to fight but in the long run that ââ¬âeasiness- brings other problems, where self-blame can evolve to depression and self-depreciation. It comes a time in every manââ¬â¢s life when he has to choose between himself and society. When he has to decide whether to stand on his own or simply hide his true self in order to escape confrontation, arguments and possible rejection. Most people have a tendency to ââ¬â go with the flow- be just like everyone else. Staple writes, ââ¬Å"I now take precautions to make myself less threateningâ⬠(568). This quote describes the idea previously expressed. He chooses to alter his image to make his journey safer. In order to add this newer safer self, he must subtract what he was before, losing his identity. In Staples essay ââ¬Å"Black Men and Public Spaceâ⬠, big issues are explored and described in a way that we can relate to without getting lost in the context. On a narrow sense the essay can be viewed as how the author goes through the realization of how he is pictured, moving to the changes he has to make to be -socially- less threatening. Doing this one can go a process of depression and losing identity. This is just the example of only one person but this case is not reserved to him only, it happens to almost everyone and in many different levels. We are 6,602,224,175 humans suffering form all kind of unreal and unfair treatment and as a result, hate and resentment are created, and in fact they are he main cause of racism and un fair treatment towards others thus creating a vicious cycle from which we need to get out in order for humans to walk though these crowded streets in harmony. Work Cited Brent Staples. ââ¬Å"Black Men and Public Spaceâ⬠. Four in One: Rhetoric, Reader, Research Guide, and Handbook. Eds. Eduard A. Dornan and Robert Dees. 5th Edition. Boston: Longman, 2011. 167-169. Print Black Men And Public Space Black Men and Public Space Black Men and Public Space Black Men and Public Space
Friday, October 18, 2019
Michael Jackson Pop Icon his reign and fall Research Paper
Michael Jackson Pop Icon his reign and fall - Research Paper Example However, it is true to say that great men and women also have their twists and turns and therefore, Jackson is no exception. This paper will discuss the life of Michael Jackson, evaluating his ups and downs in his life as a pop star. The Rise and fall of Michael Jackson Michael Jackson is a man, who spent the largest part of his life in the public domain, both due to his successes and numerous controversies. The later to be pop icon was born in the year 1958, as the seventh born child in a family of 9 children. It may be important to note that, his was a family that could have been categorized as a working class, which meant that they were not too far from being considered poor. Apparently, it may never have occurred to him or his close associates that he would later turn out to be one of the most talented and influential musicians around the world (Heatley, 2009). Michaelââ¬â¢s music career begun when he was at a tender age of approximately 5 years, when he is considered to have made his debut performance. During this time, he was the lead singer of a group known as the Jackson 5, which comprised of artistes such as Jackie, Jermaine, Tito as well as Marlon, who were his brothers (Cadman, 2002). This group used to perform in clubs, where they had the privilege of sharing a platform with other renowned musicians, thereby exposing Michael to the much needed experience. The group performed on this platform for approximately 4 years after which they were discovered by two of Motown recordsââ¬â¢ signatories, i.e. Boby Tylor and the Vancouvers, who introduced the Jackson 5 to the producer; Beny Gordy, for auditions (Cadman, 2002). Consequently, they signed up with the production house i.e. Motown and this necessitated the group to relocate from their hometown to California. Working with Motown can be considered as the foundation of Michael Jacksonââ¬â¢s success in the music industry. This is due to the fact that it enabled him as well as his group to become more professional thereby achieving a national outlook unlike when they were performing in clubs. For example, they managed to produce 14 albums as a group whereas Michael managed to record 4 on his own (Cadman, 2002). It is important to note that their first singles received a lot of praise and airplay across the US and in fact, they were ranked among the most favorite songs in the industry at that time. Some of these songs included and not limited to; I want you back, I will be there among others. Ambition is a virtue present in every man and woman and the Jacksons were no exception. It is therefore not a wonder to find that they decided to leave Motown after a short stay, to go and exercise their freedom and probably search for greener pastures. Michaelââ¬â¢s journey to glory, however, begun in the year 1977, when came to meet with Queens Jones, who would later become his producer with the Epic records. Working with Jones, he was able to release an album titled Off The Wall in 1979, and which became an instant success not only in the US but also internationally (Taraborrelli, 2009). It is estimated that this album managed to make sales of approximately 20 million copies and above, asserting the fact that the musician was destined for greater things in life. Apparently, his fans did not have to wait for long as in 1982 he went ahead to release one of the greatest albums of all times i.e. the Thriller. This
Ethical Decision Making in Business Research Paper
Ethical Decision Making in Business - Research Paper Example It is not easy to create a business atmosphere that is ethically accepted. Companies often incur incredible amount of time and resources training the executive and employees in an effort to creating business ethics. Moreover, decisions made by the company may rarely be taken positively by the employees or even the executive in the implementation process. Fighting this negativity reaction may be a stumbling block to effective implementation of business ethics. Body Companies may implement other methods of educating the employees on matters concerning decision making in the business ethical environment. This method of training includes workshops and professional courses meant at educating workers on ethical decision making process. In addition, inviting experts to educate employees enables business organizations to review their goals and objectives in regard to their current operations. In so doing, the company progressively builds a strong business code of conduct in running of a busi ness. Though the resources of the business environment may be very costly, it always helps the company to improve its status. In essence, Smart ethical decisions are very crucial to the continuity of the business as well as mastering marketing skills including finance and accounting. Ethical conduct needs an understanding and identification of issues associated with risks incurrence and uncertainties together with making decisions and choices pertaining to the business environment. It is very important to make economic decisions that can lead to improvement in the companyââ¬â¢s status .The most important characteristic of the business is contentious and it has no special way of approaching and solving issues.... Companies may implement other methods of educating the employees on matters concerning decision-making in the business ethical environment. This method of training includes workshops and professional courses meant at educating workers on the ethical decision-making process. In addition, inviting experts to educate employees enables business organizations to review their goals and objectives in regard to their current operations. In so doing, the company progressively builds a strong business code of conduct in running of a business. Though the resources of the business environment may be very costly, it always helps the company to improve its status. In essence, Smart ethical decisions are very crucial to the continuity of the business as well as mastering marketing skills including finance and accounting. Ethical conduct needs an understanding and identification of issues associated with risks incurrence and uncertainties together with making decisions and choices pertaining to the business environment. It is very important to make economic decisions that can lead to improvement in the companyââ¬â¢s status.The most important characteristic of the business is contentious and it has no special way of approaching and solving issues. It is found through research that an ethical person is of good use than an unethical rich person. Organizations that fail to achieve good ethical standards among its workforce and in their decision-making practice will most likely fail to achieve its objectives in the long run.
Something to Smile About Essay Example | Topics and Well Written Essays - 750 words
Something to Smile About - Essay Example Further, the changes in temperature of the foods and water we usually intake affect the colors of our teeth. Aging and other internal activities such too much fluoride may also stain the teeth ("Something to Smile About". Metro. July 2005. Volume 15 (6). pp 86). However, this teeth discoloration issue can easily be solved through various methods. At home bleaching such as the use of specially prepared toothpastes can be an alternative. Laser tooth whitening is another option for those who would want a shorter process, because this would only entail a one to two-hour session. The topic is again very simple yet a very helpful tip for its readers. I know for a fact that teeth discoloration has been a pertinent problem of most people now a days, especially because beauty and physical appearance now matters a lot. I also liked the simplicity of its presentation. Just the smile of a person having perfect teeth is enough to connote what is inside the story. It does not need further graphics nor pictures because those can only look the page a bit messy. What seemed a bit awkward to me was the mentioning of Colgate's Simply White product. It looked like it was just advertising the product and not giving tips to the readers. May be this could be minimized if Colgate's product was shown in a not too "hard sell" way. A small picture of its product on just one small corner of the page is enough to denote that this product is made to help people to maintain perfectly white teeth. Conclusion As for its "ethos", the magazine where it was published or advertised maintains a good credibility standards. Metro Magazine has been in the publishing industry for several years already, and so far, everything that is published or written in the every issue of this magazine are found to be of good value. Every reader who will be reading this material will surely not have any second thoughts on believing what has been claimed in the advertisement. With regards to the "pathos" aspect, the magazine advertisement is very objective. It has directly 'attack' the emotions of the readers, particularly the feeling of 'vanity'. I personally believe that each and every person desires to look good so as to feel good. The advertisement has made use of this idea. More so, it has created a tremendous impact to all the reader's minds that white teeth can indeed make one look beautiful and of course neat. Needless to say, this ad has attacked the mind and the hearts of all readers. It has enlightened the minds of the people on how one can maintain a pearly white teeth, while providing the hearts an avenue to aspire for additional beautiful attribute. With regards to the third aspect which is the "logos", this ad has provided logical proofs of what to do best with discolored teeth. It has given several alternatives or methods on cleaning one's teeth so as to remove stains and other matters that make it looks dirty. These things alone make this ad credible. on the first
Thursday, October 17, 2019
Port Report Essay Example | Topics and Well Written Essays - 1000 words
Port Report - Essay Example This resulted in the reduction of retail gas price from USD 3.31 to USD 2.27 during the year 2014. While this has the positive effect on the consumer purchase pattern, the impact of such fall on the investment pattern, particularly the GCC stocks needs detailed investigation. As it is just the first quarter of 2015, the analysis of current oil prices fall cannot be done correctly since its effect on stock investment needs longer period of observation. Hence, this paper has taken an in-depth look at the relationship between oil pricing and stock investment, as well as general economic conditions, within GCC and across the world, during the recent past. Accordingly, 2008 financial crisis, coupled with cyclic fall in oil prices finds greater attention in the following paragraphs. As supply and demand equation determines the price of any commodity, political forces prevailing in the oil producing countries determine the supply position for oil, largely. Technological innovation also plays a major role here. Many political decisions by countries across the globe influence the oil pricing. For example, the cause of recent Russian currency debacle has relation to the falling oil prices. Although under normal conditions, falling prices would result in reducing the production, OPEC countries are not doing it, as they want to retain their control over oil production. This is also seen as an attempt to make oil production unsustainable by American producers, who are utilizing advanced technology to increase shale oil production in a major way.(Stefanova, 2014) Consumers in Western countries take falling oil prices as an instrument to result in lesser tax burden. This way the falling oil prices prove to be positive for the global economy, as these countries can look for heavy reduction in lower inflation rates. While many advanced economies may go for deflation measures, the falling oil crisis has hit the currencies of Norway and Canada in a major way.(Buttonwood,
Subscribe to:
Posts (Atom)