An Influence of the Great Depression - Free Essay Example

Sample details Pages: 2 Words: 552 Downloads: 1 Date added: 2019/05/16 Category History Essay Level High school Topics: Great Depression Essay Did you like this example? To what extent did New Deal legislation represent a change in American government? This question is particularly important because it shows how the effects and the preventative masseurs of the past directly influence the way things work today. How the Social Security Act, the development of the State Welfare Programs, and Industrial Pensions and Welfare Capitalism stabilized the economy, protect the individual US citizen, and prevent another economic disaster from occurring. The Great Depression was the worst economic disaster in the history of the industrialized world, lasting 10 years from 1929 to 1939. Beginning with Black Thursday, October 24th, 1929 when 16 million shares of stock were quickly sold by panicking investors which caused the stock market to crash on the following Tuesday. In just 2 months stockholders lost over $40 Billion Dollars. The depression was caused by several fundamental structural weaknesses in the U.S. economy. Banks operated without guarantees to their customers, so when things went wrong people would naturally panic, few regulations were placed on banks who lent money to those who speculated recklessly in stocks, agricultural prices were low leaving farmers unable to begin any kind of recovery. By 1933 over 4,000 banks had failed totaling 9,000 by the end of the 1930s. People across all classes stopped purchasing products because they feared further economic woes. This led to reduced product production, reduction of workers (people lost their jobs and could no longer pay for products that were purchased through installment plans leading to repossession) and unemployment rose over 25% leading to even less spending, worsening the economic situation. The Great Depression led to the New Deal in the US, but the effects reached across the world. In Germany, the Great Depression was a direct cause of the rise of extremism that led to World War II. Don’t waste time! Our writers will create an original "An Influence of the Great Depression" essay for you Create order The Social Security Act of 1935 was created to produce a security web for people working or not working who were injured and cant work or with disabilities and or old age that make working not possible. This web would protect these individuals by categorizing there need base so that proper pay compensation could be given so they could be able to support themselves financially. It established the social insurance programs of social security and unemployment compensation as well as the public assistance programs of Aid to Dependent Children (later changed to Aid to Families with Dependent Children, or AFDC), Old Age Assistance, and Aid to the Blind. All of these provided direct relief, payments given without work that is normally payed (Rose, pg. 1) The creation of this Act can be seen to be a direct influence of the Great Depression and because this act produces security for many people it can be seen to be a preventative measure towards another economic crises by eliminating the panic that individual people get during mass layoffs, so instead of money flow stopping which contributed greatly to the severity of the Great Depression, it continues to flow, eliminating repositions of products purchase through instalments and products continue to be purchase while the individual has enough time to find a new job. Work Cited Rose, Nancy E. Work Relief in the 1930s and the Origins of the Social Security Act. Social Service Review, vol. 63, no. 1, Mar. 1989, pp. 63â€Å"91., doi:10.1086/603679. Quadagno, Jill S. Welfare Capitalism and the Social Security Act of 1935. American Sociological Review, vol. 49, no. 5, Oct. 1984, p. 632., doi:10.2307/2095421.

Ethical Issues Faced By The Adelphia Case - 1310 Words

Introduction Organizations that behave ethically are more apt to earn the trust of their customers, employees, and stockholders. Then there are companies that hide the true value of the company from possible investors, customers, employees, and the public at large showing a lack of ethically behavior. This does not all the time included just one company, but a group effort to hide, steal, and mislead everyone for personnel gains. Everyone that deals with any organization expects the upmost ethically behavior on all levels. Background As a publicly-traded corporation, Adelphia, Inc. was one of the largest providers of cable services in the United States. After the company went public, it was learned that the company had materially†¦show more content†¦For instance, the funds owed the company by the Rigas family went undisclosed in the statements, because the management at Adelphia deemed such disclosure as being â€Å"unnecessary† (Barlaup, Hanne, Stuart, 2009). Given that Adelphia was a publicly traded company, the purposeful non-disclosure caused potential investors to rely on financial records that were grossly misleading. The inevitable result was the investors continued to inject money into a company that had all the appearances of profitability and sustained growth, but that was, in reality, rapidly becoming insolvent. Moreover, lending institutions also relied on the â€Å"independently-audited† financial statements, and they were more than eager to loan the company money, given Adelphia’s presumed state of financial â€Å"profitability.† Personnel Gains The second ethical problem in this case relates to the Rigas family’s use of publicly-held corporate funds as a personal â€Å"piggy bank.† The Rigases used the company jet for personal reasons â€Å"without approval of the Board of Directors†, on one occasion flying to Africa for a safari (Markon Frank, 2002). On another, one of John Rigas’ sons used a corporate jet to pick up an actress friend of his (Grant, Young, Nuzum, 2004). The former CFO claimed that Adelphia’s funds were used by one of Rigas’ sons to buy a condominium, and to build a $13M golf course (Grant, Young, Nuzum,Show MoreRelatedEssay about Business Ethics and Kant1466 Words   |  6 PagesIntroduction The purpose of this paper is to discuss how Adelphia Communications’ leadership, particularly the Rigas family, violated the trust of the public and its investors through unethical and illegal business practices. First, a synopsis of the Adelphia scandal will be presented. Next, a brief overview of ethics and how they apply to maintaining good business and public trust will be discussed. Following the ethics overview, an outline of deontology and Kant’s Categorical Imperative will beRead MoreCorporate Governance Benchmarking3369 Words   |  14 Pagesbenchmarking of Adelphia Communications, Tyco, Calpine Corporation, and Tyson Foods to help develop best practices for McBride Financial Services, Inc. Accordingly, Chew and Gillan (2005) state, â€Å"The role of top management is no longer just control and coordination; it is anticipating, leading, and managing change and articulating the rationale for such change to employees† (p. 2). Hence, the lack of corporate governance could not be demonstrated better than the rise and fall of Adelphia CommunicationsRead MoreThe Adelphia Communications scandal Essay1882 Words   |  8 PagesIntroduction The Adelphia Communications scandal occurred in March, 2002 when three of the original founding family members which included the father John Rigas, and two of his sons Michael and Timothy, along with two other company executives were arrested for improperly taking assets from the nation’s sixth-largest cable television company. The scam involved one of the biggest financial frauds faced by a publically held company. In the end stakeholders were forced to absorb massive losses asRead MoreAn Overview Of The Ethical1407 Words   |  6 Pagesï ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Abortion: An Overview of the Ethical ï ¿ ¼Ã¯ ¿ ¼11/1/2015 Randy St.Cyr PHIL200 Introduction to Ethics Dr. Carrie Pettermin Issues ï ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼ ï ¿ ¼Ã¯ ¿ ¼ÃƒËœÃ¯Æ'Ëœ Various philosophers through the centuries have had a tremendous impact on the way modern society thinks. ØïÆ'Ëœ Friedrich Nietzsche (1844-1900) influenced modern thinking with his â€Å"God is dead† philosophy. This meant that there was no longer any room for God in an enlightened and civilized society. ØïÆ'Ëœ John Stuart Mill (1806-1873) helped popularize the philosophy ofRead MoreEvents Leading Up to the The Sarbanes-Oxley Act Essay examples1203 Words   |  5 Pagesaccuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes. This act was enacted as a result to a number of corporate and accounting scandals including those affecting Enron, Tyco internationals, Adelphia, Peregrine Systems, and WorldCom. The Securities Exchange Commission (SEC) adopted many rules in order to implement the Sarbanes-Oxley Act. The Enron Scandal escalated distrust amongst the shareholders, employees and government agencies. Thus, asRead MoreThe Ethical Issues Of Business Organizations2096 Words   |  9 PagesLeaders of business organizations should consider the fact that ethical issues are always a part of any organizational progress. Hence, to be able to understand the issue better, it is essential to know what ethics really pertain to. According Wesley Cragg, â€Å"ethics pertain to values and attitudes of people†. For this reason, the addressing of the ethical issues involves the ability of a leader to understand the values and attitudes of others towards certain situations (1997, 13). Ethics then areRead MoreJAMAICA WATER PROPERTIES2175 Words   |  9 Pagesï » ¿ CASE 1.3 JAMAICA WATER PROPERTIES Synopsis This case focuses on David Sokol, an executive who has made a â€Å"name† for himself in recent years within the energy industries. After becoming recognized as a successful â€Å"turnaround† agent for troubled companies, Sokol was hired in 1992 to serve as the chief operating officer of JWP, Inc., a large, New York-based conglomerate. At the time, JWP had an impressive history of sustainedRead MoreOrganizational Fraud9733 Words   |  39 PagesORGANIZATIONAL FRAUD [pic] Submitted by: Amit Goel(amigoel@gmail.com) Mohit Goel Executive Summary For many organizations, â€Å"getting it right† or â€Å"getting it wrong† is a matter of survival. This study talks about the issues like, ‘organisational fraud’, ‘ethics’ ‘empowerment’ in an organisation and their relation to standards of good behaviour in order to explore various ways in which occurrences of ever increasing frauds can be checked. Organisational Fraud can be perpetrated by thoseRead More Business Ethics and the 1989 Exxon Valdez Oil Spill Essay3442 Words   |  14 Pagesespecially with business ethics, that there is no universal middle that would apply to every situation and that there is a need for a constant improvement in character in order to recognize what the happy middle is. (Nihilist, 2007) Another school of ethical and moral reasoning is utilitarianism. This principle states that to be on a morally correct course of action in any particular situation one must do what produces the greatest ratio of benefits compared to damage for everyone involved. There is anRead MorePost Enron Era4022 Words   |  17 Pagesmistakes and mistrust. Before Enron, many people including employees, stakeholders, shareholders, board of directors and people in the communities had high trust in corporations and didn’t for see any corruption. Either it was blatant what ethical issues and laws were being misused and/or broken or they were good at keeping a low profile of deception. Millions and billions of money has been lost and stolen from the shareholders. It is important to entrust some kind of post-Enron policy

Nickelback free essay sample

Table of Contents Chapter 1 Nickelback Poem Chapter 2 History of Nickelback Chapter 3 Nickelbacks letter Nickelback Awesome, cool Famous, loud Rocking, music Changed, golden Best, greatest Shakes, world Platinum, CD’s Albums, singles Songs, concerts Good, #1 History of Nickelback Nickelback is a post-grunge rock band formed in Hanna, Alberta, Canada in 1995. The name derived from the nickel in change Mike Kroegers brother frequently had to give customers back in his job at a Starbucks coffee shop in which he would say, Heres your nickel back. The band has sold over 13 million albums in the United States and over 1.5 million albums in Canada, their worldwide albums sales counted near to 20 million. Nickelbacks latest release, All the Right Reasons has already sold more than 3.5 million albums in US and over 5 million albums worldwide while not even a year has passed since its release. History Nickelback was helped early on by Cancon, the Canadian law requiring a certain percentage of music played on Canadian radio to be from Canadian musical artists. We will write a custom essay sample on Nickelback or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Their second full length album, The State, propelled them to the mainstream with two Top 10 hits (one being Leader of Men) and the follow up album Silver Side Up, with 2002s most-played single How You Remind Me, gave them superstar status, scoring multi-format smashes on every album since. The band was playing their second song at the Ilha do Ermal festival in Portugal on August 19, 2002, when singer Chad Kroeger was suddenly sprayed with a full bottle of water, hurled from somewhere within the audience. Kroeger immediately tore off his guitar and confronted the crowd, and as he turned around, he was pelted in the back of the head with what looked like a large rock. See ya, he replied with a wave. With that, the entire band followed him off the stage. Both Kroeger and drummer Ryan Vikedal gave the audience the finger as they strode off. Kroeger was unharmed by the rock.[1] Silver Side Up was released on Tuesday, September 11, 2001. On that morning, they were on their tour bus traveling across Pennsylvania less than 10 miles from where United Airlines Flight 93 crashed. They have received 6 Juno Awards and were nominated for 5 more in 2006. Their single Photograph was nominated for best single. Nickelback with their latest album, topped the nominees with 3 the nominations including Favorite Pop/Rock Band/Duo/Group, Favorite Pop/Rock Album (All the Right Reasons) and Favorite Alternative Artist, for the 34th American Music Awards which are going to be held on Tuesday, November 21, 2006. Style Nickelbacks style can be described as hard rock with a melodic undertone, modern arena rock sound (many claim there are also a small amount of heavy metal and country influences). The frontman Chad Kroeger is the dominant element; his vocals sustain the songs through verse and hook. As with many bands, Nickelbacks lyrics deal mostly with either acquiring romance, the loss of romance, or the transition between love and hate in relationships. Earlier albums included songs discussing problems such as parental desertion and domestic abuse. They seldom if ever speak metaphorically. Their fifth album, All the Right Reasons (2005), sees a change in their subject matter. Kroeger deals with nostalgia, friendships and the passage of time in one of the 2005 singles, Photograph. Rockstar has the band reflecting on the consequences of their new status as recognized musicians and is a typical grunge style attack on commercialisation and manufactured artists. The album, however, has received negative reviews. All Music Guide called Nickelback unspeakably awful in the albums critical review. [2] Nickelback was the main support act for Bon Jovi on the European American legs of the latters Have a Nice Day Tour in 2006. Members Current Chad Kroeger Lead Vocals and Guitars Ryan Peake Guitar and Backing Vocals Mike Kroeger Bass Guitar Daniel Adair Drums and Backing Vocals Former Brandon Kroeger Drums (Album: Curb) Ryan Vikedal Drums (Albums: The State, Silver Side Up The Long Road) Discography Albums Hesher Demo (1996) Curb (1996) re-released (June 25, 2002) The State (March 7, 2000) Gold Silver Side Up (September 11, 2001) 6x Platinum The Long Road (September 23, 2003) 3x Platinum All the Right Reasons (October 4, 2005) 3x Platinum DVDs Nickelback Live At Home (October 29, 2002) Nickelback The Videos (September 23, 2003) Nickelback Photo Album (October 4, 2005) Nickelback Pictures (September 12, 2006) Original songs appear on The Scorpion King (March 26, 2002) Yanking Out My Heart * Spider-Man (May 3, 2002) Hero, feat. Josey Scott of Saliva (A very short sound clip is contained in the movie. The song received heavy video airplay and is featured on the DVD) Live At Home (DVD above) (October 29, 2002) It Isn’t Like That (Alice in Chains cover, feat. Jerry Cantrell) Live At Home (DVD above) (October 29, 2002) Mistake Daredevil (February 4, 2003) Learn the Hard Way * Charlies Angels: Full Throttle (June 24, 2003) Saturday Nights Alright (For Fighting) (Elton John cover, feat. Kid Rock) * The Punisher (March 23, 2004) Slow Motion Someday appears in the movie Torque * Also available as bonus tracks on The Long Road import versions Singles Year Title Chart Positions Album U.S. Hot 100 U.S. Mainstream Rock U.S. Modern Rock UK Singles Chart AUS Singles Chart Canadian Singles Chart New Zealand Singles Chart Dutch Top 40 1996 Fly Curb 2000 Leader of Men #8 #21 The State 2000 Breathe #10 #21 The State 2000 Old Enough #24 The State 2000 Worthy to Say The State 2001 How You Remind Me #1 (4 wk) #1 (13 wk) #1 (13 wk) #4 #2 #1 #4 #7 Silver Side Up 2002 Too Bad #42 #1 (3 wk) #6 #9 #1 #16 Silver Side Up 2002 Never Again #1 (3 wk) #24 #30 #1 Silver Side Up 2003 Someday #7 #2 #4 #6 #8 #1 #9 #11 The Long Road 2004 Figured You Out #65 #1 (13 wk) #4 #10 #1 The Long Road 2004 Feelin Way Too Damn Good #48 #3 #23 #39 #40 #2 The Long Road 2004 Because of You #7 #3 The Long Road 2005 Photograph #2 #1 (7 wk) #3 #29 #3 #1 #4 #4 All the Right Reasons 2006 Animals #97 #1 (6 wk) #16 #27 All the Right Reasons 2006 Far Away #8 #40 #2 #2 #2 #18 All the Right Reasons 2006 Savin Me #19 #11 #29 #18 #1 #9 #25 All the Right Reasons 2006 Rockstar #7 #37 All the Right Reasons

The Dark Side of Advertising free essay sample

These are the indestructible jingles that the world of advertising has managed to drum into our heads, over the course of time. Effective? Yes. Escapable? No. Teenagers in contemporary society are exposed to up to 3000 ads per day, meaning that we are constantly bombarded with advertisements from the minute we step outside our bedroom door. As promotional agencies increase their exposure, they have changed the typical nature of advertising and have become more affluent with the strategies and techniques they employ. Advertising has shifted into an industry of its own and is clearly shaping, modifying and defining the moral regulations of a 21st century society. As regular consumers, we are seized under the suffocating grip of advertising manipulation. Its pervasive nature is engulfing our society completely, as we are subliminally involved in the perpetual cycle of advertising. These days, it is irrational to state that ads are avoidable, with their invasive nature constantly peering into our personal environment online, on personal devices, television, radio, billboards and many other vehicles. We will write a custom essay sample on The Dark Side of Advertising or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Dominating and powerful, promotions are a global privacy concern, as ads by Google and other online companies are currently being assembled using our personal information. Google’s privacy policy clearly states that the cunning company uses our intimate information to tailor make ads for products that would appeal to us individually. With an ever-growing rate of fraudulent identity theft and personal information control, do you really want your personal details being manipulated in such a way? In the novel, Ad’s R Us, by Claire Carmichael, arrogant Aunt Kara reveals a comment that is shockingly related to our modern world: â€Å"Privacy is an outdated concept, Barrett. †1 The era of privacy is long-gone, with the act of hiding behind an alias or publishing incognito becoming obsolete at an extraordinary rate. Personal advertising is creating an advanced question, which wouldn’t have crossed the minds of individuals twenty years ago is privacy a privilege or a right? The art of advertising is a nexus of exploiting techniques designed to directly focus on common psychological themes to motivate people to buy products. This keeps consumers coming back after making a direct sale, making us feel complete and whole. Stephen Leacock once famously quoted: â€Å"Advertising is the science of arresting human intelligence long enough to get money from them. † Some of the most common emotions that advertisements appeal to are self-sustaining, sexual desire, self-esteem and imitation. It is illogical to say that advertisements are ‘mind-controlling’, but they are certainly having a strong influence. In March of this year, popular Swisse Vitamins were forced to stop broadcasting their TV advertisements because of false advertising. Their promotions, stating â€Å"You’ll feel better on Swisse! †, were banned by a federal watchdog because the company simply could not prove that customers would feel better on the vitamin tablets. The Machiavellian schemes fixed with modern advertisements are happening in front of our own eyes and are solely focused on fulfilling our personal desires and aspirations. From a young age, advertising is captivating our senses, and eventually turning into us robotic purchasing tools. Lily Allen’s song, The Fear, refers to what humanity has become and the type of people we are turning into â€Å"I am a weapon of massive consumption its not my fault it’s how I’m programmed to function. †2 From birth until death, we are swamped by advertisements, meaning that from a young age we are already becoming buying machines. Will you let yourself be inundated by manipulation in a society flooded with greed and materialism? Did you know that a York University study revealed that American pharmaceutical companies spend twice as much on advertising as they do on research? Advertising agencies’ main concern is, not public satisfaction, but is really making money. A quote by Fred Allen exclaims,â€Å"Advertising is 85% confusion, 15% commission. † Advertisements are intended to persuade customers into purchasing products, regardless of consumer complacency. They don’t care about how we feel as long as we continue to swipe the credit card they will have no concern for consumers. Teens account for US $1 billion in e-commerce spending, meaning that young adults are at a high risk of careless online advertising manipulation by companies. Photoshopping techniques and surgically enhanced bodies are at the heart of modern advertising. The deceiving nature of connotation is casting a gloomy eclipse over advertising, along with the deceit usually automatically attached to the promotion. We are becoming a hyper-stimulated society, obsessed with making purchases because we risk being unworthy or unpopular if we don’t possess a particular product. Consumers are manipulated into a living popularity contest due to the derogatory effects of advertising. James Collins once stated, â€Å"A magazine is simply a device to induce people to read advertising†. With their high number of advertisements, magazines are the number one culprits of photo editing, with almost all of their feature photos or promotions undergoing touch-ups. Did you know that most Victoria’s Secret models in promotions are a size 2, with a 34†-36† bust, 23† waist and 34†-35† hips? Not to mention the hours of retouching, cropping and editing that goes into making the advertisement perfect. These legalised forms of lying3 are sending a notorious message to the naive adolescent brain ‘this is what you should look like’. Will you remain oblivious to the unlawful amount of photoshopping that goes on behind the scenes, in order to remain ‘worthy’ in society? Artificial, provocative, offensive advertising is distorting humanity’s image and outlook on women in an inconceivably disrespectful approach. Due to our high exposure levels, advertising is changing the way we see ourselves and others in the community. We are becoming so familiar with the suggestive advertising that we now disregard it and consider it normality. Young women have primarily become objects of gratification and we have allowed the sexualisation of teens in a shameless, seductive society. Damaging messages from advertising are violently decaying the innocence of civilisation. Women, in recent times, have been portrayed in an absolutely appalling manner, raising affairs such as body image issues, self-esteem problems and sexual exploitation against women, teens and children. American teen fashion enterprises, such as Abercrombie and Fitch and American Apparel, use controversial advertising campaigns, reverting to the modern advertising concept, ‘sex sells’. Because of ads like these, body image issues have skyrocketed, with 29000 adolescents in 2007 believing that body image was the most important issue for them. Companies who use this concept are basically encouraging premature sexualisation, leading to serious issues such as eating disorders and depression. Teenagers are resorting to the twenty-first century version of sexual education, the internet, and effects of inappropriate online advertising are everlasting. By the age of 17, females have seen 250,000 TV commercials telling them they should be a decorative sex object or a body size they can never achieve. Young girls are growing up at a younger age and are concerned about issues that, once upon a time, did not apply to them. Girlfriend magazine has reported that only 8% of readers don’t worry about what boys think of their body. This magazine is targeted at an age bracket of 13-16, meaning that the overwhelming majority (92%) of girls aged 13-16 are concerned about a male perception of their body. This is a shocking expression, but it is absolutely accurate when considering the number of indecent ads aimed at enticing young people. The novel, Ad’s R Us, introduces the idea of a televised teen makeover competition, Ugly D to Teen Queen where minors nominate themselves to be transformed in order to boost self confidence. Once again, advertising is to blame for appearance related issues however, product promotions are still encouraged during the program. â€Å"Thousands of girls will be lining up, hoping to be selected. Countless more will be glued to the screen, watching the program. For companies with the appropriate products, this provides a most desirable teen demographic. †4 Personally, I have fallen victim to the deceit that is teenage advertising, being successfully persuaded to purchase a product â€Å"Mum, everyone has one! Agencies target teens when they are most vulnerable and have the lowest points of self-esteem, effectively twisting their thoughts into believing they need the product. We may think that inappropriate contests and advertisement ideas like this don’t exist in our world, but have we forgotten the infamous ‘Toddlers and Tiaras’ television show? This notorious TV production is simply a replica of Ugly D to Teen Queen in fact, our version is worse , considering the fact that parents nominate their infants and toddlers, who cannot think for themselves, rather than capable teenagers. In conclusion, I strongly believe that our overexposure to advertising is the main perpetrator in society’s loss of privacy, consumer manipulation and deceit, control over decisions, the degrading portrayal of women and the adolescent issues of today. Inescapable advertising is continuing to unreasonably define our morals, making us think twice about the future of modern society. It is directly influencing and affecting future generations, creating a world that could, potentially, be advancing in a dangerous and unstable direction. Young people of today have successfully been convinced that society is their judge and advertising is their mentor and inspiration to feel worthy in civilisation. With the uncertain future of provocative advertisements, the near future seems to reveal a society out of touch with reality and lost within an duplicitous advertising fantasy.