Significance Of The Second Nun Essay - 1222 Words

Part one: The Pilgrim In order to understand the significance of the second nun we must first look at the duties and life of a traditional medieval nun. Medieval nuns and priests were expected to live a very devout and highly moral life. Medieval nuns and priests must be fully dedicated to god and christian faith. The daily life of a medieval nun was formulated around three main vows established by St Benedict in 480-550 AD, The vow of Poverty, The vow of Chastity and the Vow of obedience. As dictated by these vows nuns and priests must live very modestly and renounce everything they own for use of the common good, remain chaste for their entire lives and must be obedient to god as well as their superiores. Medieval nun’s and priests lived isolated from civilization in fully self sustained compounds know as covenants. Inside the covenant nun’s and priest were expected to perform daily tasks such as: washing and cooking for the monastery, raising the necessary supplies of vegetables and grai n, producing wine, ale and honey, providing medical care for the community, providing education for novices, spinning, weaving and embroidery, and Illuminating manuscripts. In addition to these tasks nuns and priest followed a very strict and routine schedule of daily prayers known as the book of hours. All nuns and priests were expected to attend the prayers and would immediately stop what they are doing to inorder attend. Due to the lack of description in the general prologue and factShow MoreRelatedThe, The Buddhist Monastic Order1692 Words   |  7 PagesThe Sangha, the Buddhist monastic order, comprises Bhikku (monks), Bhikkuni (nuns), laymen, and laywomen. 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It is written in the realistic perspective, depicts many themes including peoples aversion to change, disappointment in expectations, and how unromantic life is. â€Å"The Revolt of Mother† is about rebellionRead MoreCharlemagne Essay816 Words   |  4 PagesCharlemagne Charles the Great Charlemagne, or Charles the Great, was born in 742 to Pepin the Short and Bertrada of Laon. The oldest of four children, Charlemagne rose to great power and significance. He rebuilt the crumbling society of Medieval Europe by introducing numerous social, political and cultural reforms in what we now call the Carolingian Renaissance. He became the King of the Franks, and gained the title of Holy Roman Emperor. Through many military campaigns, he unified northernRead MoreAnalysis Of Nathaniel Hawthorne s `` Young Goodman Brown `` And `` The Yellow Wallpaper ``2005 Words   |  9 Pagesserve as something along the lines of â€Å"moral purifiers† of their time, illustrating their intent for a change in their respective eras and cultures. In three particular short stories, namely Nathaniel Hawthorne’s â€Å"Young Goodman Brown†, â€Å"A New England Nun† by Mary E. Wilkins Freeman, and lastly Charlotte Gilman’s â€Å"The Yellow Wallpaper†, each in dividual author speaks out against the established norms of their time in search for moral change. In Nathaniel Hawthorne’s short story, â€Å"Young Goodman Brown†Read MoreDiscussion Questions To Consider From The Catcher In The Rye1494 Words   |  6 Pagesadults? He thinks adults are phony Adults are sinful and fake people Strained relationships with his parents Sexual abused Children represent innocence He is a perfectionist when it comes to wanting to preserves innocence. 9. Explain the overall significance of the novel’s title, The Catcher in the Rye. Where does the title come from? Why do you think Salinger chose it? How does it speak to a major theme or issue in the story? The title came from him wanting to be the catcher in the rye Salinger choseRead MoreRole Of Of The Jain Religion2601 Words   |  11 Pagesfelt by the Jains for all living things, and the geographical placement of Jainism within the context of Indian society, makes for a complex view of the female bodied person. While it has some ideas of women that restrict their opportunities and significance within the religion, it also has many concepts that give women much more autonomy and equality than they receive in other religious traditions. However, their role is not agreed upon by any means, with a fierce disagreement existing between theRead MoreChristianity, Religion Based On The Life And Teachings Of Christianity1536 Words   |  7 Pagestranslation of the Biblical Hebrew term mashiach. There are diverse interpretations of Christianity which sometimes conflict. However, Whatever else they might disagree about, Christians are at least united in believing that Jesus has a unique significance. It is also used as a label to identify people who associate with the cultural aspects of Christianity, irrespective of personal religious beliefs or practices. According to a 2011 Pew Research Center survey, there were 2.2 billion ChristiansRead MoreWhere Do We Come From?1270 Words   |  6 Pageswas aid to say that the first parent of the earth were perfect and that there was no sickness or death. But also when the earth got full and there was nothing to eat the people started to eat each other. Since that happened, Juhwertamahkai created a second heaven and earth to explain what actually happens after life and death. The Egyptian legend of creation was a papyrus that was apparently found in a tomb in the nineteenth century. They had stories passed down from generation to generation to explain

Bohrium Facts - Element 107 or Bh

Bohrium is a transition metal with atomic number 107 and element symbol Bh. This man-made element is radioactive and toxic. Here is a collection of interesting bohrium element facts, including its properties, sources, history, and uses. Bohrium is a synthetic element. To date, it has only been produced in a lab and has not been found in nature. It is expected to be a dense solid metal at room temperature.Credit for the discovery and isolation of element 107 is given to Peter Armbruster, Gottfried  Mà ¼nzenberg, and their team (German) at the GSI Helmholtz Centre or Heavy Ion Research in Darmstadt. In 1981, they bombarded a bismuth-209 target with chromium-54 nuclei to obtain 5 atoms of bohrium-262. However, the first production of the element may have been in 1976 when Yuri Oganessian and his team bombarded bismuth-209 and lead-208 targets with chromium-54 and manganese-58 nuclei (respectively). The team believed it obtained bohrium-261 and dubnium-258, which decays into bohrium-262. However, the IUPAC/IUPAP Transfermium Working Group (TWG) did not feel there was conclusive evidence of bohrium production.The German group proposed the element name nielsbohrium with element symbol Ns to honor physicist Niel Bohr. T he Russian scientists at the Joint Institute for Nuclear Research in Dubna, Russia suggested the element name be given to element 105. In the end, 105 was named dubnium, so the Russian team agreed to the German proposed name for element 107. However, the IUPAC committee recommended the name be revised to bohrium because there were no other elements with a complete name in them. The discoverers did not embrace this proposal, believing the name bohrium was too close to the element name boron. Even so, the IUPAC officially recognized bohrium as the name for element 107 in 1997.Experimental data indicates bohrium shares chemical properties with its homologue element rhenium, which is located directly above it on the periodic table. Its most stable oxidation state is expected to be 7.All isotopes of bohrium are unstable and radioactive. Known isotopes range in atomic mass from 260-262, 264-267, 270-272, and 274. At least one metastable state is known. The isotopes decay via alpha decay. Other isotopes may be susceptible to spontaneous fission. The most stable isotope is bohium-270, which has a half-life of 61 seconds.At present, the only uses for bohrium are for experiments to learn more about its properties and to use it to synthesize isotopes of other elements.Bohrium serves no biological function. Because it is a heavy metal and decays to produce alpha particles, it is extremely toxic. Bohrium Properties Element Name: Bohrium Element Symbol: Bh Atomic Number: 107 Atomic Weight: [270] based on longest-lived isotope Electron Configuration:  [Rn] 5f14  6d5  7s2 (2, 8, 18, 32, 32, 13, 2) Discovery: Gesellschaft fà ¼r Schwerionenforschung, Germany  (1981) Element Group: transition metal, group 7, d-block element Element Period: period 7 Phase: Bohrium is predicted to be a solid metal at room temperature. Density:  37.1  g/cm3  (predicted near room temperature) Oxidation States:  7, (5), (4), (3) with states in parentheses predicted ones Ionization Energy:  1st:  742.9  kJ/mol,  2nd:  1688.5  kJ/mol (estimate),  3rd:  2566.5  kJ/mol (estimate) Atomic Radius: 128 picometers (empirical data) Crystal Structure: predicted to be hexagonal close-packed (hcp) Selected References: Oganessian, Yuri Ts.; Abdullin, F. Sh.; Bailey, P. D.; et al. (2010-04-09).  Synthesis of a New Element with Atomic Number  Z117.  Physical Review Letters. American Physical Society.  104  (142502). Ghiorso, A.; Seaborg, G.T.; Organessian, Yu. Ts.; Zvara, I.; Armbruster, P.; Hessberger, F.P.; Hofmann, S.; Leino, M.; Munzenberg, G.; Reisdorf, W.; Schmidt, K.-H. (1993). Responses on Discovery of the transfermium elements by Lawrence Berkeley Laboratory, California; Joint Institute for Nuclear Research, Dubna; and Gesellschaft fur Schwerionenforschung, Darmstadt followed by reply to responses by the Transfermium Working Group.  Pure and Applied Chemistry.  65  (8): 1815–1824. Hoffman, Darleane C.; Lee, Diana M.; Pershina, Valeria (2006). Transactinides and the future elements. In Morss; Edelstein, Norman M.; Fuger, Jean.  The Chemistry of the Actinide and Transactinide Elements  (3rd ed.). Dordrecht, The Netherlands:  Springer ScienceBusiness Media. Fricke, Burkhard (1975).  Superheavy elements: a prediction of their chemical and physical properties.  Recent Impact of Physics on Inorganic Chemistry.  21: 89–144.

Who Is Baby Boomer - Free Essay Example

Sample details Pages: 2 Words: 555 Downloads: 1 Date added: 2019/10/31 Category Society Essay Level High school Tags: Baby Boomer Genertation Essay Did you like this example? Baby boomer is a person who was born between 1946 and 1964. The origin of the name baby boomers is due to the immense number of births that were happening. In the beginning of the boom, 3.4 million infants born in the U.S.. Don’t waste time! Our writers will create an original "Who Is Baby Boomer?" essay for you Create order The numbers kept increasing to nearly 4 million infants in between years 1953 and 1964. In the end of 1964, over the course of a 22-year period, about 76.4 million infants were brought into existence. The baby boomers are the 2nd biggest generational group in the history of the U.S. and they will continue to have a significant mark on the U.S..   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In the year 1964, the Civil Rights Act was passed in the U.S.A. This put an end to being segregated from areas or places based on race, color, religion, and sex. The passing of this law has done so much for all people that they can actually talk and it not turned into some incident or death. I believe this did a lot more for blacks than any race due to the fact that they couldnt be turned away because of the color of their skin. After years of struggle and setbacks, they could finally attempt to live in peace.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In 1965, Malcolm X was assassinated. He was born in Omaha, Nebraska in 1925. He had lost his father in 1931 as he was murdered by White Supremacists. He became a man that could help stop the deaths of blacks that were being killed. Malcolm was great at his job, he steadily gained followers and he was becoming more and more influential as time went on. Until February 21st 1965, Malcolm X was assassinated by rival Black Muslims while addressing his Organization of Afro-American Unity (which was founded in 1964) in Washington Heights. He was shot to death and was barely even able to experience the world with the Civil Rights Act in play.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The 1964 Summer Olympics in Tokyo, Japan was beginning. There was a grand total of 93 nations participating. The grand total of participants was 5,151. The number of men was 4,473 and women was 678. Like many Olympics before the men have always been the majority. This was the debut of other events such as sumo wrestling and judo matches. New Olympic records were set in 27 of the 36 events in the track-and-field competition. The end result of this Olympics was the U.S. coming out on top with the most number of gold medals that being 36.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Winter Olympics of 1980 in Lake Placid for the second time is about to commence. In this Olympics only 37 nations participated and only a little over 1000 contestants. The men were the majority with 840 with the women at only 232. This is the age of television and rising numbers of viewers, that Lake Placid wasnt prepped entirely for this event. The U.S. ice hockey team defeated the powerful Soviets, and gained the gold. The big winners of the Winter Olympics were the Soviet Union with a total of 10 gold medallions.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   To conclude, the sports never cease to fail. The Olympics is such a popular event that everyone watches. It brings many nations and individuals together, to compete and have a good time. The Baby Boomer generation was definitely booming with many insane events taking place. We are now about to move into the next generation and see how the Olympics and other things played out.

Case Study Managers And Management - 2010 Words

Lecture 1: Managers Management - Dealing with organisations outside - Relating to supervisors - Interacting with co-workers - Manage yourself in the workplace Managers: what they do âž ¢ Management – pursuit of organisational goals efficiently and effectively âž ¢ Effectiveness: attaining organisational goals using resources âž ¢ Efficiency: achieving results, making the right decisions to achieve organisational goals âž ¢ Four primary functions: planning, organising, leading, controlling âž ¢ Planning: setting goals, deciding to achieve a certain goal âž ¢ Organising: arranging tasks, people, resources to accomplish the work âž ¢ Leading: motivating, directing, influencing people to achieve the organisation’s goals âž ¢ Controlling: monitoring†¦show more content†¦Competitive advantage 2. Globalisation 3. Diversity 4. Information technology (IT) 5. Ethics 6. Sustainability 7. Happiness life goals Lecture 2: The External Environment Environment: †¢ Managers and organisations: influenced and interact within the environment †¢ Environmental uncertainty: managers understand, predict changes and trends the environment affects organisations †¢ Stakeholders: heavily relied on individual interests †¢ Internal stakeholders – employees, owners, board of directors Task environment: †¢ Customers: paying to use an organisation’s

Positive Psychology Free Essays

Martin Seligman is one of the founding fathers of positive psychology. Seligman created that Idea of â€Å"learned helplessness. † This idea Is related to depression and overlaps Julian Rotters â€Å"external local of control. We will write a custom essay sample on Positive Psychology or any similar topic only for you Order Now † Learned helplessness explains the factors In ones lte that they cannot escape. For example, If you are a young girl growing up in a house with your mother who is depressed, sad, abusive, etc then you are more likely to become depressed, sad, and feel helpless. These traits become ur surroundings which then become your life, you dldnt do it to yourself. ut it is almost as if you were taught to be miserable. Seligman also found the three pillars to positive psychology. pleasure. gratification and meaning. These are believed to be the three factors that make happiness possible. Pleasure can come about during good conversation3 sensual experience3 hobbies and so on. This route to happiness suffers from being somewhat superficial and not long-lasting. This is why repetition is important, Repetition often has the opposite impact and can be self-destructive, Gratification is all about being engaged with ones individual strengths or positive traits. Gratification requires effort but provides a deeper level of satisfaction. Finally, meaning. this comes from using one’s strengths to benefit something larger than itself. Mih?ly Csikszentmih?lyi, another psychologist important to positive psychology believes that almost everything you experience has flow. Flow iS a State Of complete engagement in an activity. Flow iS that feeling Of ‘time flies when your’re having fun,† our Whole being iS involve and every action, movement and thought follows the previous one. Csikszentmih?ly believes that now is experienced by everyone in different ways. some might experience flow while playing a sport, while others might experience it in activities such as drawing or painting. He says, â€Å"Flow also happens when a person’s skills are fully involved in overcoming a challenge that is just about manageable, so it acts as a magnet for learning new skills and increasing challenges. If challenges are too ICY†, one gets back to flow by increasing them. If challenges are too great, one can return to the flow state by learning new skills. † (Flow-The Psychology, Csikszentmih ¤lyl) Positive psychology Is a way of life that teaches you not how to ignore negative situations and experiences but how to cope and overcome those experiences. Positive psychology can have a range of real-world applications In areas including education. therapy, self-help. stress management and workplace issues. using strategies from positive psychology. teachers, coaches, therapists and employers can ngths. How to cite Positive Psychology, Papers Positive Psychology Free Essays Positive psychology is a newer type of psychology that focuses on the positive aspects of living a happy lifestyle. There are many ways to one can improve their lifestyle to a positive way of living. For example, practicing new positive exercises over a certain amount of time, such as, meditating, expressing who/what you are grateful for and practicing random acts of kindness to others. We will write a custom essay sample on Positive Psychology or any similar topic only for you Order Now If you are a negative person, you must first become familiar with why you are negative and must be willing to change that in order to live the life of positivity. Martin Seligman is one of the founding fathers of positive psychology. Seligman created that idea of â€Å"learned helplessness.† This idea is related to depression and overlaps Julian Rotters â€Å"external local of control.† Learned helplessness explains the factors in one’s life that they cannot escape. For example, if you are a young girl growing up in a house with your mother who is depressed, sad, abusive, etc then you are more likely to become depressed, sad, and feel helpless. These traits become your surroundings which then become your life, you didn’t do it to yourself, but it is almost as if you were taught to be miserable. Seligman also found the three pillars to positive psychology, pleasure, gratification and meaning. These are believed to be the three factors that make happiness possible. Pleasure can come about during good conversations, sensual experiences, hobbies and so on. This route to happiness suffers from being somewhat superficial and not long-lasting. This is why repetition is important. Repetition often has the opposite impact and can be self-destructive. Gratification is all about being engaged with ones individual strengths or positive traits. Gratification requires effort but provides a deeper level of satisfaction. Finally, meaning, this comes from using one’s strengths to benefit something larger than itself. Mihà ¡ly Csà ­kszentmihà ¡lyi, another psychologist important to positive psychology believes that almost everything you experience has flow. Flow is a state of complete engagement in an activity. Flow is that feeling of â€Å"time flies when your’re having fun,† your whole being is involve and every action, movement and thought follows the previous one. Csà ­kszentmihà ¡ly  believes that flow is experienced by everyone in different ways. Some might experience flow while playing a sport, while others might experience it in activities such as drawing or painting. He says, â€Å"Flow also happens when a person’s skills are fully involved in overcoming a challenge that is just about manageable, so it acts as a magnet for learning new skills and increasing challenges. If challenges are too low, one gets back to flow by increasing them. If challenges are too great, one can return to the flow state by learning new skills.† (Flow-The Psychology, Csà ­kszentmihà ¡lyi) Positive psychology is a way of life that teaches you not how to ignore negative situations and experiences but how to cope and overcome those experiences. Positive psychology can have a range of real-world applications in areas including education, therapy, self-help, stress management and workplace issues. Using strategies from positive psychology, teachers, coaches, therapists and employers can motivate others and help individuals understand and develop their personal strengths. How to cite Positive Psychology, Papers

Analysis of Solar Panels-Free-Samples for Students-Myassignment

Questions: Recommend the best Solar Panel to Purchase for Implementation on the Campuses Buildings. Answers: Introduction This report aims at providing the results obtained from the analysis of solar panels and therefore provide a recommendation of the best solar panel to be implemented in the campuses buildings. The report will narrow down to answering specific questions such as: the solar panel that would be the most recommended if the overall score was based on greenhouse gas reduction only, based on gross return only, and the most recommended if the greenhouse weight was changed during calculations. This analysis is worthwhile because it helps in settling for the best of all solar panels not based on preference, but based on the logical factors which are highly significant. Through this analysis, the best, durable and most efficient solar panel will be obtained which will serve to the utmost, the purpose that it was meant to achieve. Besides, it is also worthwhile because it will provide the university with reasons why they are settling for a specific product, and not the other hence ruling out the act of bias in selecting the product to purchase. This analysis will also ensure that future risks and losses that could have occurred if the analysis wasnt done, are avoided. For instance, the University could purchase a solar panel based on the affordability in terms of cost, therefore preferring the less costly solar panel. However, after the purchase, there may be higher maintenance costs resulting from the low quality product initially purchased (O'Farrell, 2017). With the analysis and report in place, all the unnecessary risks and losses can be avoided. This is very significant in todays society because it takes into consideration the environmental status of the state. The research and analysis ensures that the recommended solar panel is environmental friendly hence lowering the dangers of environmental pollution by ensuring that the solar panel has a high rate of greenhouse gas reduction. Conducting the solar panel analysis is also relevant in todays world in that it ensures that the management has invested in a product that they are sure of gaining a predictable amount of returns in the near future. The management, subordinates, and people in the community indeed care about this. Before the management choses to provide their full support in a project, they need to be perfectly convinced that they are investing in something that is important. They need to be given a valid and backed up documentation explaining all the analysis and the return that the product will bring or the cost that it will save the company from. Discussion Calculations were conducted on the given data, an interpretation done and finally an analysis was conducted, leading to specific recommendations (Microsoft, 2017). Below is a chart generated from the data provided. The chart shows the variation of price and the gross return per year: Just as solar panels differ in variety, make, and design, so do they in their prices, performance and the amount of returns they bring in. This affirms that there are solar panels that are significantly better than others. The chart outlines how that is true. The different solar panels have different rates of gross return per year. The difference in the rates of return result from other factors considered to get the gross income. The factors include: output capacity, length, width, price, area, electricity generated, value of electricity generated, efficiency, and greenhouse gas reductions. Given the scoring criteria based on the graph, I would recommend Mr Solar EKS and SolarLife AB200 because they have the highest gross incomes compared to the rest. They also have low prices which would make them affordable. However, if the scoring criteria was changed, then the recommended solar panel will also be different. Below is the calculated data based on the constant and the variables provided For instance, if the overall score was calculated based on greenhouse gas reductions alone, the recommended solar panel would be Fusion Catcha. This is because it has the maximum rate of greenhouse gas reduction. This is essential as it will contribute to keeping the environment clean by reducing the greenhouse gases as opposed to the rest which have lower rates of greenhouse gas reduction. Using solar power energy replaces the electricity currently in use, which emits greenhouse gases. The solar panel with the highest greenhouse gas reduction rate will therefore be very significant and hence the most preferable one. It will help in reducing the carbon footprint and the amount of pollution missions released into the atmosphere at a faster rate (hudsonenergysolar, 2017). Suppose the overall score was calculated on based on gross return (%) alone, the recommended solar panels would be Mr Solar EKS and SolarLife because they have the highest gross return percentages. Having the highest gross returns will be beneficial to the company. Although the gross return rates are not the final word when it comes to calculating the companys profits, in this case, because there are no other expenses given, it would be wise to get along with the solar panel that will yield great gross returns. The returns will be beneficial to the University (Investopedia, 2017). If the greenhouse gas reductions were weighted twice as high as the other factors to calculate the overall score, the recommended solar panel would be Fusion Catcha. This is because it will have an overall score of 32% making it the highest compared to the rest. This means that it will be the best putting all factors into consideration including the greenhouse gas reduction. Having the greatest overall score proves the respective solar panel to be the most efficient, convenient and preferable. The spreadsheet below outlines the overall score based on the greenhouse gas reductions weighted twice as high as the other factors: The recommended solar panel would be Fusion Catcha if the greenhouse gas reductions was weighted three times as high as the other factors. This is so because Fusion Catcha will still retain the highest overall score of 42% compared to the rest which have low percentages. This clearly shows that Fusion Catcha would be the one to implement. It will capture the greenhouse gases with practically no impact on the environment (Anon., 2017). The excel sheet below show the overall score based on the greenhouse gas reductions weighted three time as high as the other factors: The gross return of the best solar panel (Fusion Catcha), is realistic. It is realistic because the solar panel is very good, and highly efficient all round. There are other costs that have not been taken into account such as the installation cost, maintenance and repair cost throughout the year. In addition, it is realistic because the gross returns dont reflect the overall profit that is acquired, instead, it only sums up everything and wraps it up. It will be worth mentioning that gross returns can be very misleading at times (Super life, 2017). The CQUniversity should definitely invest in this solar power because it is highly efficient and the amount of energy produced is also high. Using the solar power helps in reducing the electricity demand on the grid. The initial cost is the only thing that will be high but afterwards it will be a swift ride in maintaining the solar power. The CQUniversity should establish partnerships with the companies providing the solar panels (Anon., 2017). This will help them reduce the costs of solar installations and make solar power more attractive. They should also create other projects that will act as a source of the funds for solar energy investment. The University should also try and find out the incentives being offered by the solar companies to their customers. For instance, the following types of solar power incentives exist: investment tax credit for solar, solar renewable energy certificates, state tax credits, cash rebates, and performance based incentives. For the investment tax credit, the government provides a solar tax credit that allows the consumers to deduct a portion of their solar expenses from their taxes. Cash rebates refers to instances where the University can receive cash from the state or any other organization that wants to promote solar energy (Anon., 2017). Rebates are available for a certain period of time and once the solar has been installed. They can help reduce the cost of solar implementation by 10 to 20 percent. In addition, the University can sign up for the performance-based incentives when they identify one. The state or the solar panel manufacturing company pays the solar energy system owners a kilo watt per hour credit of the amount of electricity produced. By identifying and taking charge of such opportunities, the University will be able to reduce the cost of solar installation hence making it an interesting investments venture. Conclusions If a company needs to set a strong foundation in a new venture of investment, then they should do their homework impeccably. In line with the above statement, after analyzing the given data on the various solar panels, rest assured that the company can confidently place the Fusion Catcha solar panel in the campuses buildings. Based on the findings, the Fusion Catcha solar panel has the highest overall score, making it the best adoptable panel. The overall score is a calculation based on the initially stated factors. It has the highest output capacity of 1600, a length and width of 1600 and 2900 respectively, generates electricity of 4088(KW/Year), $613.20 per year value of electricity, 34% efficiency, 3.47% (Ton/Year) greenhouse gas reductions, and a gross return per year of 12%. This would be the best solar panel to deploy in the campuses buildings. It is worth noting that sometimes cheap is expensive. Therefore, when choosing a product to invest in all factors need to be put into consideration alongside cost References Anon., 2017. Solar panel incentives, rebates tax breaks. [Online] Available at: https://www.energysage.com/solar/cost-benefit/solar-incentives-and-rebates/ Anon., 2017. Solar Power. [Online] Available at: https://www.solarresourceguide.org/solar-environmental-benefits/ hudsonenergysolar, 2017. Benefits to the Environment. [Online] Available at: https://hudsonenergysolar.com/benefitstotheenvironment.html Investopedia, 2017. Gross Sales. [Online] Available at: https://www.investopedia.com/terms/g/grosssales.asp Microsoft, 2017. Create a chart from start to finish. [Online] Available at: https://support.office.com/en-us/article/Create-a-chart-from-start-to-finish-0baf399e-dd61-4e18-8a73-b3fd5d5680c2 O'Farrell, R., 2017. Advertising Marketing Analysis Advantages Disadvantages of Cost Benefit Analysis. [Online] Available at: https://smallbusiness.chron.com/advantages-disadvantages-cost-benefit-analysis-10676.html Super life, 2017. Gross returns can be very misleading. [Online] Available at: https://superlife.co.nz/gross-returns-can-be-very-misleading-news

Economics of Globalization

Question: Write an essay on "Economics of Globalization". Answer: Mercantilism One of the most vital economic systems which were used during the sixteenth and the eighteenth century is known as Mercantilism. The main objective of Mercantilism was to augment the wealth of the nation by imposing government guideline concerning all of the profitable interest of the nation. It was supposed that nationwide strength could be exploited by restrictiveimportsthrough tariffs and by maximizing exports (Queralt, 2015). Mercantilism is also known as commercialism. It is a system in which a country endeavors to a mass prosperity via trade with other nations, where export exceeds the imports and in turn increasing the stores of gold and costly metals. Now days it is considered as a system which is out of date (Heckscher, 2013). The term mercantilism has come from a Latin word where mercan means buyer. The government trade is encouraged by mercantilism which in turn helps in regulating wealth. Even though mainly discarded today, it was the major school of financial thought from the 15th through the 18th Centuries. The term Mercantile System was coined by Adam Smith, also known as the father of Economics. It was invented mainly to explain the political system that required enriching the country by limiting imports and encouraging exports (Vaggi Groenewegen, 2016). Figure 1: Mercantilism The Western part of the European economics was subjugated by this system. During this period, the armed conflict between nation-states was both more recurrent as well as more widespread than any other time in the past. The armed forces and navies of the major characters were no longer provisional forces hoisted to tackle a precise threat or purpose, but were full-time specialized forces. The most important financial objective of each of the administration was to control an adequate quantity of hard coinage in order to sustain a military that would discourage attacks (Stern Wennerlind, 2013). Most of the policies of the mercantilist include the development of the relationship between the governments of the nation-states as well as the merchant classes. During the mercantile period, distribution was very important. With the enlargement of colonies and the consignment of gold from the New World into Spain and Portugal, organizing of the oceans was measured fundamental to nationwide power. Mercantilism was a response adjacent to the financial problems of previous times when states were too frail to direct their financial systems and when every municipality or principality charged its own tariffs on merchandise passing through its borders (Reinert Carpenter, 2014). The essence of mercantilism was referred to as the bullionism. In order to ensure the economic prosperity of the economy it is very important to make few imports and many exports. This in turn creates a generation of net inflow of foreign exchange and in turn maximizes the gold stockpile of the country. These ideas are quite attractive to the government (Smith, 2014). Absolute advantage The absolute advantage is the capability of a country and an individual as well as a company in order to manufacture commodities or services at a subordinate cost per unit than the cost at which any other unit produces those commodities or services. Entities possessing absolute advantages have the capability to produce a commodity by using less number of inputs and or using more effectual process than a different party producing the similar manufactured goods or service (Schumacher, 2012). Figure 2: Absolute Advantage Absolute advantage refers to the capability of a unit in order to produce a larger quantity of a commodity. Absolute advantage is defined by Adam Smith in terms of International Trade. Labour is the only input which is used. It mainly contrasted with the concept of comparative advantage (Seretis Tsaliki, 2015). In the year 1700, the father of economics Adam Smith taught that the states should discover out what they can manufacture more proficiently and thenfocusin what they do most excellent while dealing with other states who are also doing what they are best at. A unit can have an absolute advantage in more than one commodity or service. It helps in explaining why it makes intellect for countries as well as individuals and businesses to deal with each other. Since each nation has advantage in producing a particular good, that nation can benefit from deal (Feenstra, 2015). Absolute advantage is a condition that takes place in comparative advantage theory. It takes place when one country can generate more of a given goods with same or less resources than the different country. From the above diagram it can be seen that Country A has absolute advantage over olives as compared to that of Country B which has an absolute advantage over oranges. Thus Country B should focus and trade. As per the figure, Country A will not able to generate as much oranges as compared to Country. With the fixed possessions, Country A can create 20 units of olives while Country B can generate only five units. However, Country B can produce fifteen units of oranges as compared to that of Country A which can produce only three units. Thus, from the above diagram it can conclude that Country B should produce oranges and Country A can produce olives and trade them with each other (Valenta, 2014). Absolute advantage does not unavoidably denote a financial system should manufacture that good. This necessitates a country to have acomparative advantage. For instance, one state may have an absolute advantage in a lot of goods but it is not sensible to attempt and create the whole thing. It is better to concentrate on merchandise where an individual have an absolute advantage (Cuat Melitz, 2012). Comparative Advantage When the firm or an entity can generate goods or services at lower opportunity cost, it leads to comparative advantage. It gives the industry the capability to sell commodities or services at a lesser price than its contestants and comprehend stronger sales margins. The entire focus of the country depends on the comparative advantage or disadvantage (Costinot et al., 2013). The slope of a production possibility curve reflects the opportunity cost of production. Raising the production of a particular good means that less of the different can be generated. Ceterbis paribus means that presumptuous there is no precise information known that can be determined by the relative advantage of production of each country in a convinced group by looking at the slope of the PPCs.As per the diagram, the PPC of Country A is evidently steeper than that of the PPC of Country B. This means that Good A is given up more quickly as the country tries to augment the production of Country B. As a result, the opportunity cost of generating good A for the country A is much more than producing the good for Country B (Maneschi, 2013). Figure 3: The Comparative Advantage The theory of Comparative advantage reflects the method by which the world is becoming an international trading market. Economic theory proposes that, if states relate the standard of comparative advantage, collective output will be greater than before in contrast with the output that would be shaped if the two states attempts to become autonomous and assign possessions towards manufacture of both goods. Let us assume an example. Suppose there are two countries that are UK and Australia. They both produce textiles and books. The level of production is shown in the below table: In case of UK in order to produce one unit of textile it has an opportunity cost of four books. However, in case of Australia in order to produce one unit of textile it has an opportunity cost of 1.5 books. The above is an example of production without trade. However the principle of comparative advantage can be criticized in the following ways: It may exaggerate the advantages of specialization by paying no attention to a number of costs. The theory also supposes that markets arecompletely competitive- in particular, there is perfect mobility of features without anyretreating profits. However, the reality is likely to be diverse with production from factor inputs which are subject to diminishing returns. The Limitation of the Early Theory of Trade The limitations are as follows: It does not take into report the cost of global transportation Trade flows are distorted by the limitations of tariffs and import Scale finances can bring about extra efficiencies The services are not traded internationally The large scale of production in certain companies results in economics of scale, lower prices and in turn counterbalance weak domestic comparative advantage The public sector can target and spend in certain industries, build communications as well as provide financial supports. This in turn serves in order to boost the comparative advantage of the firms (Feenstra, 2015). The Limitations of Mercantilism The limitations of Mercantilism are as follows: The emphasis which was mostly put on money was one of the limitations of Mercantilism. The merchants put much stress on silver and gold which in turn was never accurate prosperity of a nation. The true prosperity of the nation was natural resources and industrial units. However, Mercantilism ran behind gold and silver and in turn was not able to serve the individuals appropriately. Due to Mercantilism, clash took place among the European countries. Each country competed in order to become more influential as compared to other. Colonialism took place due to Mercantilism. Markets were needed by the European countries in order to sail their surplus. Germany, Italy, Spain, France and Portugal were also in the race. This in turn led to hostility mong the diverse countries (Atkinson, 2014). Mercantilism was also a one way passage. It mainly put the stress on export rather than import. It is quite difficult to be self sufficient. There did not exist any requirement on the part of the state to obstruct in trade and business. However, it hindered in human rights. As a result, both Adam Smith and the Physiocrats highlighted on Free Trade. Mercantilism, besides putting emphasis on trade and commerce also deserted other characteristics of life which included education and agriculture. This was one of the major limitations of Mercantilism. It was also found that Mercantilism followed strong opinion that a state can increase at the awareness of the other. However, it was not acceptable. The reason was that it stressed the relation between two states (Greenfeld, 2014). The Limitations of Absolute Advantage The limitations of absolute advantages are as follows: More factors of production in the real world, goods are produced with the help of several factors which includes capital, land and labour. In that circumstance, a product cannot be ranked as per the absolute advantage as their manufacture in one state requires more of one input and at the same time less of a different input than in a different state. Inter-industry trade versus intra-industry trade in the inter-industry trade one type of god is exchanged for another type of good. Most of the countries gets engaged in the intra-industry trade in which the similar types of goods are exchanged. As a result, the intra industry trade is becoming more significant. It assumes that labor can toggle between commodities without difficulty and they will work with same competence, which in actuality cannot take place (Handel, 2013). The theory of absolute advantage does not take into account the cost of transportation which is involved in selling the goods in the global market () The Limitations of Comparative Advantage The limitations of comparative advantages are as follows: The theory of comparative advantage is based on an untrue assumption that wages between industries do not differ. It has been reported that the construction and production workers are paid more as compared to that of the retail workers. Even the employees having the same skills receive diverse wages in diverse division of the economy. In that case, if the economy specializes in the low wage sector, it will hurt the employees moving from high wage sector to low wage sector (Chagnon et al., 2013). The nature and organization of certain industries may be such that the advantages from trade may accumulate only to extremely few of the workers. This may lead to worsening the situation as the preponderance of workers will be worse off in spite of deriving aggregate gains from trade. The different goods have diverse elasticity of demand. In rough economic times when international demand may be declining, a financial system specializing in creating jewelry, for example, may find it complicated to deal its products to hoist sufficient money to import foodstuff (Stewart Shamdasani, 2014). Comparative advantage measures stationary advantage but not any self-motivated advantage. 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