Indian Polity and Social Issue - 16628 Words

Polity, Constitution and Social Issues Polity Constitution Constitution of India is the supreme law of India. It lays down the framework defining fundamental political principles, establishing the structure, procedures, powers and duties, of the government and spells out the fundamental rights, directive principles and duties of citizens. Passed by the Constituent Assembly on 26 November 1949, it came into effect on 26 January 1950. The date 26 January was chosen to commemorate the declaration of independence of 1930. It declares the Union of India to be a sovereign, democratic republic, assuring its citizens of justice, equality, and liberty and to promote among them all fraternity. The words socialist, secular and integrity†¦show more content†¦The Mission discussed the framework of the constitution and laid down in some detail the procedure to be followed by the constitution drafting body. Elections for the 296 seats assigned to the British Indian provinces were completed by August 1946. The Constituent Assembly first met and began work on 9 December 1946. (Indian Independence Act 1947): The Indian Independence Act, which came into force on 18 July 1947, divided the British Indian territory into two new states of India and Pakistan, which were to be dominions under the Commonwealth of Nations until their constitutions were in effect. The Constituent Assembly was divided into two for the separate states. The Act relieved the British Parliament of any further rights or obligations towards India or Pakistan, and granted sovereignty over the lands to the respective Constituent Assemblies. When the Constitution of India came into force on 26 January 1950, it overturned the Indian Independence Act. India ceased to be a dominion of the British Crown and became a sovereign democratic republic. Constituent Assembly The Constitution was drafted by the Constituent Assembly, which was elected by the elected members of the provincial assemblies. Jawaharlal Nehru, C. Rajagopalachari, RajendraShow MoreRelatedBorn into Brothels a Documentary by Zana Briski Essay examples1199 Words   |  5 Pagesâ€Å"I am not a social worker. I am not a teacher, even. That is my fear, you know, that I really can’t do anything. Helping them to get and education is not going to do anything, but without help they are doomed (Born into Brothels, 2004).† Zana Briski made this statement in her documentary Born into Brothels, referring to the children of sex workers in Sonagachi. This statement exemplifies child saving, a dominant theme in children’s discourse, that portrays children as vulnerable, innocent, and inRead MoreUttar Hindu Politics Essay888 Words   |  4 Pagesthat it brought along itself, thereby giving congress a national identity whose legacy could not be challenged by the merge opposi tion. 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India comprises of one-sixth of worldwide population, nevertheless theRead MoreNative American Self Determination Movement1441 Words   |  6 Pageson from this last point the Native American self-determination movement has achieved almost all of its victories without outside help. Indeed many organisations such as the National Congress of American Indians (NCAI), Native American Rights Fund (NARF) and National Alaska Native American Indian Nurses Association (NANAINA) are run by and for Native Americans and their interests. As with most civil rights movements but even more the case as Na tive Americans have their own sovereign citizenship, forRead More History of Latino/a Immigration to the U.S. Essay1475 Words   |  6 Pagesnew immigrants, are â€Å"excessively fertile, reluctant to assimilate, lazy and unwilling to learn English† (History 324, 10/19/10). 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Roman Construction Free Essays

The ancient Romans were known for their brilliant engineering that have  stood the test of time. They were brilliantly manufactured to make the ancient Romans  more comfortable. Most of the inventions were improvements of older engineering ideas,  inventions, and concepts. We will write a custom essay sample on Roman Construction or any similar topic only for you Order Now The Romans improved the recipe of cement, which was  invented in Egypt, and created concrete. The Romans were greatly influenced by the Greek and the Estrusan. The construction and technology for bringing running water into the cities  were invented in the East. The construction of roads, were common then as it is now.  The Romans improved the design and perfected the construction so well it is used today.  The three examples I choose to write about Roman Engineering are first the Roman  aqueduct.   This construction was used to supply water to the people in the city. The  aqueduct is one of the most brilliant engineering constructions in the ancient world. It set a standard that has not been equaled Centuries after the fall of Rome.  Many of the cities in Rome, today still use the aqueducts to supply water for the city.  The aqueduct is estimated to be between 40 and a little over 500km in length. It is  29miles (47) km; above ground because most Roman aqueducts ran beneath the surface  of the ground. To build underground makes the water disease free as well as helped the  aqueducts from being attacked by enemies. The Roman aqueducts were sophistically built and remarkably thinly  technically standard. It has a gradient of only 34cm per km, lowering 17m vertically with  its entire length of 50km. Largely powered by gravity, it moves large amounts of 6  million gallons of water a day. The combined aqueducts in Rome supplied around  1million cubic meters which supplied 30 million gallons to the city each day. This is  great engineering feat has not been equaled until the 19th Century. The construction of the Roman aqueducts is the use of Chorobates. The  Chorobates used in this engineering were used to level terrain before construction. The  Chorobates was a wooden object that was supported by four legs. It had a flat broad top  with an engraved half circle. The half circle was filled with water to make the angle  which there is no water will be measured. The Groma is another tool used in the construction of the aqueduct. It  was used to measure right angles. It consisted of stones that hung off four sticks and was  perpendicular to one another. Distant objects marked out against the group of stones are  placed horizontally. There were nine aqueducts built, in ancient Rome supplying 38  million gallons a day to Rome.  A second example of Roman engineering is the Roman roads. These   roads were an essential to the growth of Rome because they supplied the Roman Empire  to move enemies in War. They were also created to hinder the enemies organizing to  attack Rome. The road, in its greatness was 85,000 km containing 372 links. The  Romans became adept at constructing the roads for political, military and commercial  reasons. The roads were long and important for the stability and expansion of the Roman Empire.   The Roman Roads were built first with Roman Army builders who  cleaned the ground of trees and rocks. They then build a trench where the road was  going to be laid and then filled it with large rocks. They put the large stones, pebbles,  cement and also sand and packed it down making a firm base. They added a layer of  cement that was mixed with broken tiles, paving stones creating the surface of the road. The stones were cut to fit tightly together. They placed kerbstones at the side  of the road to hold the paving stones and create a channel were the water can run.  The third example of Roman engineering, are Roman Bridges. The Romans  were first to build these bridges and make them long lasting. The Roman bridges were  built with stones with an Arch as its basic structure. The Romans used a new form of  cement called concrete to build the bridge. The Bridges were built in 142 BC, and was  named the Ponte Rotto. It is the oldest Roman stone bridge built in Rome. The Roman Bridge  characteristics are many they are 5 meters wide. Many have a slope and lean slightly.  Roman bridges have rustic work. The Roman Bridges stonework has a changing stretcher  as well as header courses which consist of a layer of square stones that are laid  horizontally. The end faces outwards, in the next layer of square stones.  The stones are connected with dovetail joint or with metal bars.  Indentions found in the stones were created by the gripping tools used for the  workers to hold onto.   The Romans also used tools such as slaves to move building  blocks of stones as well as levers and pulleys. They used chisels, concrete, plumb bob, a  bronze square, bronze dividers, and bronze foot ruler to build the bridges and the  powerful, and mighty city of Rome. Works Cited Roman Architecture- http://www.iol.ie/~coolmine/typ/romans/archie2.html The Roman’s Page. Mark Warner, 2007-Roman Roads-The Downs FM; The amazing podcast Of the downs CE Primary School-Teaching Ideas; Subject: History. http://www.teachingideas.co.uk/history/romanrd.htm Chris Trueman; The History of Ancient Rome- History learning site; http://www.historylearningsite.co.uk/roman_engineering.htm Chris Trueman; Roman Roads-The History of Ancient Rome-History learning site; http://www.historylearningsite.co.uk/roman_roads.htm How to cite Roman Construction, Essay examples

Market Entry Mode Essay Example

Market Entry Mode Essay The classical economic theory states that globalization relies on competition to drive down prices and increase product and service quality† (Lamb, Hair McDaniel 2008). The country that operates more efficiently and has the technology to produce what is needed is likely to attract more investment than a country that does not (Lamb, Hair McDaniel 2008). Most firms prefer to invest in countries where they can access cheap labor, advanced technology, stable economic climate, and good infrastructure among other factors facilitating effective performance of a business (Lamb, Hair McDaniel 2008). Globalization consequently expands economic freedom, spurs competition and raises competition for international companies and offers access to foreign capital, global export markets and advanced technology while breaking the monopoly of often inefficient and protected domestic producers (Lamb, Hair McDaniel 2009). A Consequent move by Catexhaust to establish a new plant in the Asian region requires the firm to evaluate the effectiveness with reference to its resources as well as the advantages and costs that it would incur on undertaking to open a plant in this region. ___________________________________________________________ SWOT ANALYSIS ____________________________________________________________ Catexhaust Company benefits from Germany’s impressive economic performance evident from its total GDP in 2008 of $ 3649 billion making it the fourth highest country in the world (The Economist 2010). The company stands to gain access to a larger market base resulting from its in vestment in foreign regions (Standard Bank n d). We will write a custom essay sample on Market Entry Mode specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Market Entry Mode specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Market Entry Mode specifically for you FOR ONLY $16.38 $13.9/page Hire Writer However, the company is likely to face the challenges prevalent in the automotive industry such as the industry’s expensive fixed costs as well as huge volumes of investment and the high cost required to train and retain skilled labor in the company. In addition, the company faces threat of competition from other more efficient companies as well as the fluctuating prices of raw materials. ____________________________________________________________ __________ WHY CATEXHAUST SHOULD OPEN A PLANT IN THAILAND ____________________________________________________________ Geographically, Thailand is well endowed with natural beauty, favorable tropical climate and consists of a friendly and hospitable population which makes the region generally accommodative and favorable for doing business (Communicaid 2009). The country holds a population over sixty million people has its capital city at Bangkok which is the key economic and political city (Communicaid 2009). In terms of economic compatibility, Thailand’s economy is in the process of growth and heavily relies on exports trade with the major markets situated in the North America Japan and Europe (Communicaid 2009). Thailand enjoyed economic boom in late 80s and early 90s but in 1997, the country was highly influenced by economic crisis that hit various countries of Southern Asia nation substantially discouraging FDI in the country (Communicaid 2009). However, the current Thailand market is vibrant with economic activities of both large and small nature which has played a major role in ensuring that the economy is dominated by increased competition which prompts international and local corporations to exploit the benefits provided by the market (Standard Bank n d). Catexhaust Company can borrow from Thailand’s technology and skills consequently reaching higher levels of output (Standard Bank n d). Further, establishment of a new plant in the region would significantly reduce transportation cost for inputs allowing the firm to produce at efficient levels. Based on the performance of the automotive industry in Germany, Catexhaust should consider the overall performance of the Thailand’s automotive industry. Thailand’s automotive industry is among the largest automotive market and assembler in the Asian region (Runckel 2005). The country’s automotive industry generates considerably large export revenue and the domestic demand for automobiles is relatively high due to widespread credit availability as well as excise tax reduction in certain automobiles which reduces overall prices (Runckel 2005). Further, double digit export growth achieved over the recent past is a clear indication of Thailand’s impressive performance as the regional automotive manufacturer and supplier (Runckel 2005). This serves to promote efficient performance of the new industry in the region. This would be highly facilitated by free trade agreements that Thailand has signed with such countries as Australia, China, and India among others as well as the marketing opportunities emerging in the Southern Eastern Asia facilitated by Asia free trade agreement (Runckel 2005). Thailand is friendly to its investors and has developed well outlined investment policies which aim at market liberalization and promotion of free trade (Thailand Board of Investment 2004). The government of Thailand promotes foreign investment through provision of a business environment that eases the process of doing business in the country as well as offering attractive investment locations in the region (Thailand Board of Investment 2004). Through the country’s board of investment, the government offers tax incentives support systems, duty exemptions and reductions especially to foreign companies that contribute to development of skills, technology and innovations to Thailand economy (Thailand Board of Investment 2004). The country’s attitude and treatment of foreign investment provides a condusive environment for Catexhaust to establish its plant in the region and exploit the incentives provided by the government to promote its performance in the industry. Catexhaust’s plant is therefore likely to receive considerable incentives from the government of Thailand if it decides to establish its plant in the region which improves overall business performance. In erms of infrastructure, Thailand has modernized and highly advanced transportation facilities as well as upgraded communication and information technology networks which promote efficiency in business and improve overall living conditions in the region (Thailand Board of Investment 2004). This would facilitate effective transportation of the plant’s raw materials and finished products which would promote efficiency and lead to increased profitability. In 1997, when the Asian currency crisis occurred, the government embarked on implementing measures geared towards attracting foreign investment which had drastically fallen at the time (Jetro 1999) Net FDI inflow in Thailand on balance of payment basis [pic] Prepared by JETRO from Bank of Thailand statistics. Source: http://training. itcilo. it/actrav_cdrom1/english/global/jetro2/inv1-2. html The graph above shows the amount of FDI in Thailand in the period between 1995 and1998. There is a sharp decrease in FDI evident between 1997 and 1998. The yellow portion represents the total fraction of Japan’s investment in Thailand which is one of the major foreign investor in the country. ____________________________________________________________ REASONS FOR FDI MARKET ENTRY MODE ____________________________________________________________ In direct foreign investment, the company stands to gain the highest rewards or incur the highest potential risk (McDaniel 2008). Catexhaust may choose this market entry mode due to lack of suitable investors to engage in joint venture or primarily to avoid communication problems and conflicts of interest prevalent in joint ventures (McDaniel 2008). Further through establishment of a plant in Thailand, the company is able to directly control the activities of the plant in line with its policy which may not be possible under other market entry modes such as joint venture (McDaniel 2008). In addition, through establishment of its own plant in Thailand, Catexhaust is able to reduce the risks of merger failures common in joint ventures and it is therefore the preferred mode of entry into the Thailand market. On the other hand, Catexhaust may choose to engage in a joint venture where the company seeks to buy a part of Thailand’s company consequently merging into one entity (McDaniel 2008). Although this market entry mode consumes relatively less time and resources to access the global market, it is a very risky endeavor and if it is not approached carefully it can lead to devastating effects to the new entity such as bankruptcy or business failure. ____________________________________________________________ __________SHOULD CATEXHAUST ESTABLISH A PLANT IN INDONESIA ____________________________________________________________ ____ The country of Indonesia is located at the crossroads of the Indian and Pacific oceans and it is among the highly populated countries of the world with the largest number of Muslims (Communicaid 2009). The country has an authoritarian system of governance and is constantly dominated by widespread political instability emanating from corruption, terrorism as well as wide spread civil unrests (Communicaid 2009). These factors have negatively impacted on the country’s development consequently slowing down economic progress efforts as well as discouraging foreign investors from venturing in the region (Communicaid 2009). Although major political reforms have taken place in the recent parts, the country still has untapped potential which hinders growth in the economic sector (Communicaid 2009). Indonesia was among the top 20 recipients of inward direct investment in the 1990s (Pecotich 2006) The country further lags behind other major Asian countries in manufacturing production which would negatively impact on establishment of the new plant in the region (OECD 1999). The export platform in the country is growing but at a slow rate and foreign investors still perceives the region as an export location further limiting the overall market potential (OECD 1999). Further, the government of Indonesia still retains a considerable discretion to reject foreign investment despite the liberalization of investment regime in the region and foreign investment approvals involve numerous procedures which are blurred with irregularities and discriminatory behavior against foreign candidates (OECD 1999). This cumbersome process discourages the company from establishing a plant in the region. Moreover, the government tightened restrictions on market access in the automotive sector leading to lack of consistency in the industry which sends confusing signals to potential foreign investors consequently discouraging the German company from establishing its plants in the region (OECD 1999). The automotive industry in the region has also faced great difficulties through out its development and Indonesian automotive manufacturers are constantly facing difficulties brought about by the effects of globalization of manufacturing production and liberalization (Setiono n d). The financial crisis as well as the ensuing IMF- led manufacturing programme impacted great pressure on domestic market rapidly leading to flooding of the domestic market with imported goods and this further limit the market for investors (Setiono n d). Indonesia was also adversely affected by the Asian crisis of 1997 and also implemented measures such as easing the restrictions in mergers and acquisitions by foreign firms and foreign equity ownership since the investment levels had fallen by 29. during the period (Jetro 1999). The graph below represents the trend of foreign direct investment in Indonesia in 1996 and 1997. It indicates the fall in the amount of FDI from the first quarter of 1997 with the third and the fourth quarter recording negative balance of payment. Net FDI Inflow to Indonesia on balance of payment basis |[pic] | Prepared by JETRO from Bank of Indonesia statistics Source: http://training. tcilo. it/actrav_cdrom1/english/global/jetro2/inv1-2. html It is clear that Indonesia’s investment climate and competitiveness is poor relative to the emerging regional economies though the country has achieved remarkable improvement since 2000 (Brondolo et al 2008) In fact, in 2007, Indonesia outranked Thailand and Philippines in terms of investment volumes (Brondolo et al 2008). However, business surveys indicate that the prevalent macro economic instability as well as economic and regulatory olicy uncertainty is a major hindrance to foreign investment and is followed by corruption, labor issues , infrastructural hindrances among other issues (Brondolo et al 2007). Consequently, Thailand is the most suitable location for the German company to set up its plant since it provides a condusive economic environment for its business to thrive. Since Indonesia is characterized by political and economic inst abilities which are likely to affect the overall performance of the company, Catexhaust should establish its plant in Thailand since it is the location that maximizes returns for FDI. However, clear lines of management control are essential to ensure successful establishment and maintenance of the new plant (Weigel 1997). ____________________________________________________________ _________KEY CULTURAL DIFFERENCES A GERMAN MANUFACTURER SHOULD BE CONSIDERING WHEN INVESTING OUTSIDE EUROPE ____________________________________________________________ Every society has its set rules and values which are shared among the citizen and defines the society’s social orientations (McDaniel 2008). The culture of a particular society underlies the family set up, prevalent education systems, religion as well as the social class systems (McDaniel 2008). The German investors must ensure that they uphold these values in their business and marketing strategy of the foreign regions in which it wants to expand its market since they have tremendous effect on consumer preferences (McDaniel 2008). Countries outside Europe have their own customs and traditions that dictate the way they conduct business and this considerably varies from the German business culture (McDaniel 2008). Catexhaust should therefore take into considerations such factors as holiday periods observed in the regions they are investing in, personal and business relationships dominant in these region as well as general attitude of the people towards the products that the company is offering (McDaniel 2008). Failure to put these factors into consideration may result in culture clash which may lead to poor performance of the business in the region. ____________________________________________________________ __________CONCLUSION ____________________________________________________________ ___ As a result of globalization, investing in foreign markets is a commonly preferred means of penetrating markets in the global economy. Companies’ prefer to invest in foreign regions in order to expand their output and consequently benefit from economies of scale. It is therefore important for Catexhaust to establish a plant in Thailand in order to reap the benefits associated with globalization. _ ___________________________________________________________ __________ REFERENCE LIST International Monetary Fund, Fiscal affairs Dept, Silvani, C, Le 2008, Tax Administration Reform And Fiscal Adjustment: The Case Of Indonesia 2001-2007, IMF. Communicaid, 2009. Doing Business in Thailand-Thai Social and Business [Online]. Available at: http://www. communicaid. com/access/pdf/library/culture/doing-business-in/Doing%20Business%20in%20Thailand/. pdf [Accessed11th November 2010] Jetro 1999. White Paper on Foreign Direct Investment; Crisis Hit Countries Deregulate to Attract Foreign Capital. Tokyo, Japan external trade organization. Lamb, C. W. , Hair, F J. , McDaniel C, 2008. Essentials of Marketing, NY: Cengage learning. McDaniel, C. , Gitman, J, L, 2008. The Future of Business: the Essentials, NY: Cengage learning. OECD. 1999. Foreign Direct Investment and Recovery in Southeast Asia. London, OECD publishing. Pecotich, A, 2006. Handbook of Markets and Economies; East Asia, Southeast Asia, Australia, and New Zealand, NY: M. E. Sharpe. Runckel, W. C, 2005. Thailand Automotive Industry Update 2005, Runckel Associates [Online]. Available at: http://www. business-in-asia. com/auto_article2. html [Accessed 11th November 2010] Setiono, M, not dated. Indonesia: Current Situation in the Auto Industry and Its Trade Potential [Online]. Available at: http://www. nescap. org/tid/publication/part_two2223_indo. pdf [Accessed 11th November 2010] Standard Bank, not dated. Organization; Growing a Business [Online]. Available at: http://tutor2u. net/business/gcse/organisation_growing_a_business. htm [Accessed 11th November 2010] Thailand board of investment, 2004. Thailand’s Advantages; The Board of Investment of Thailand [Online]. Available at: http://www. boi. go. th/english/why/thailand_advantages. asp [Accessed 11th November 2010] The Economist, 2010. Pocket World in Figures, 2011 edition, London: profile book ltd. Weigel, R. D, 1997. Foreign Direct Investment. London, World Bank publications.

Kenneth Slessor Essays

Kenneth Slessor Essays Kenneth Slessor Essay Kenneth Slessor Essay Poem 1: Beach burial Kenneth Slessor wrote the poem Beach Burial whilst he completed his occupation as the official Australian Correspondent in the Middle East. Due to Slessors observations of the war at close quarters he soon learnt about the horrific horrors of war. During Slessor’s stay in El Alamein a small village found on the Egypt Mediterranean coast he wrote the poem to describe the realities of war and what realistically happens after heroes are killed. Kenneth Slessor has used imagery and various poetic techniques to establish his purpose to the audience in his poem Beach Burial. Slessor has successfully conveyed his purpose to create a high depth of sympathy and pity for the soldiers who have washed up to the shore after being killed in action or died during the voyage at sea. the poem beach burial is not a typical war poem; there are no celebrations of heroics or patriotic notions. It’s a somber recount slash tribute to soldiers of all nations whether friend or foe who where all united by the common enemy war and death. the poem reflects upon the loss of identity as the soldiers became part of a machine. Which relates to all Australians as at this time in history everyone was affected by the loss of lives fighting for what Slessor though an unnecessary occurrence, which is demonstrated in the poem. The language used in the poem explores a soft tone of onomatopoeic sounds such as HUMBLY SWAYS SOFTLY lulling us into a false sense of calm as the poem continues and uses harsher strident tones such as CHOKE GHOSTLY BEWILDERED PITY to further illuminate the emotional impact the poem carries. Slessor uses Rhyme to create an intense emotional reaction from the audience through the use of the rhyming pattern ABCB as it creates a sense of flow for the audience. Slessors use of half rhyme creates standstills in the poem where the audience are forced to stop and reflect on the realities of war and realize how many men are forgotten after they have served their time and fought humbly for their countries. The line â€Å" wavers and fades, the purple drips the breath of the wet season washed their inscriptions as blue as drowned men’s lips† describes the way the men are forgotten after death. Slessor really tries to make the audience recognise.

How to Write a Business Essay

How to Write a Business Essay How to Write a Business Essay Purpose of a Business Essay Writing a business essay is for the purpose of conveying a message, giving information, or convincing the readers to take some sort of action. So, the business essay must be clear and to the point. It is a good idea to make sure you know your audience before you start. This will assist you in creating a good outline that will keep you focused on the task and topic. This also ensures that you effectively demonstrate your point to your audience. Segments of a Business Essay In order to write an effective business essay, you need to be organized and create the essay in relevant segments. These segments are: Purpose of the Essay The Title The Introduction The Body The Conclusion Purpose of the Essay The purpose of your essay is what your topic is about which should be established before you start writing. This is where you come up with your topic, unless you have already been assigned a topic. If you are charged with choosing your own topic, then you will want to write about something you know of, keeps your interest, or sparks your passion. After you choose a topic, then use it to craft your thesis statement, which should be a single sentence about the main idea of your essay. The Title Your title is another important element of your essay because it is what most people will use to decide if they want to read your essay. The title should express the main idea of the essay and be persuasive. For example, â€Å"Get 50% More Traffic to Your Website with these Tips!† is more persuasive than, â€Å"Websites Need Plenty of Traffic.† The Introduction The introduction of your business essay reconfirms your thesis statement and introduces the main idea of your essay to your audience. This should be one paragraph and should give the reader a good idea about the topic covered in the essay. This is another segment where many readers will look to decide if your essay is worth reading. The Body The body of your essay is the meat of the essay. This is where the main content is located and is where you go on to develop your story, based on your research or notes. The body should contain all relevant key points about the topic and it should be informative. The body should also give the reader a call to action, if necessary. The body of the essay should contain a paragraph on each key point about the topic. The Conclusion The conclusion of your essay should sum up the purpose and topic, as well as tie back into your introduction. The introduction contains a purpose statement but the conclusion summarizes the purpose and all relevant key points in the essay. Feel free to get professional Business essay help from top-rated academic writers at our custom writing service. All Business essay papers are written from scratch. Plagiarism-free and high quality are guaranteed.

Markets and Division of Labor Essay Example | Topics and Well Written Essays - 2500 words

Markets and Division of Labor - Essay Example This paper illustrates that social cohesion and division of labour market are the two aspects that have come under association that dates back to several decades. From the olden times to the modern times, the ideas and notion about the market and division of labor whether encourage or discourage has come under numerous discussions and various opinions. Social cohesion comes under classification when the people within a society work in collaboration with each other for a common goal that includes the people coming from cultural diversity. Besides, dedication, acquaintance, and creation of a community are the pivotal aspects that form the social cohesion. Here the people have a shared approach as a single unit surrounded by a committed system, so that the strategies and guiding principles incorporating the economic, social, health and educational assist and support to the society and its members. While the other aspect of the report exhibit the division of labour, which is no new conce pt as it has its origination back to late eighteen century. Although various thinkers and philosophers considered it as a significant principle, but history reveals the fact that Adam Smith was one of the initial people who made an effort to undertake a theory of it. However, this phenomenon in the contemporary time of today has come under vast development that everybody is very much aware of this trend. The division of the labour refers to the area of interest that defines the productive output of the labor that aids in improving the economical growth. This comes under implementation from breaking the bigger activities into smaller chunks that the labor can perform as his expertise that can increase his productivity (Zupi and Puertas, 2010). Historical and authentic substantiation indicates that the few countries of European region initiated an experiment with a core purpose to make its economy liberated from other aspects of life including the social and political control that adm inistered the economic conditions, in order to free the socially rooted markets that subsisted for a very long time. Therefore, the development of the free market came into institution by splitting up the markets that has the origins on social factors. As consequence, a new type of economy came into emergence that did not considered the impacts on society and modified and transformed value of several components including the goods price and labor (Wood, 1984). The Adam’s idea of division of labour articulates that the larger jobs must be divided and break down into small components that can come under relation to the specialized workforce. This makes each worker and labour a proficient and specialist for the areas of production, and hence the efficiency and output of the labour boosts. Nevertheless, this idea of division of labour also hoards quite a few resources including capital and time, as the labours being an expert in a particular component would not have to make excha nge tasks and responsibilities. However, this also leads to an unanticipated issue that the propensity increases that a worker may become ignorant and disappointed from the work because the technological advancements would lead and induce the individuals to perform mundane and repetitious tasks (Reisman, 1976). Smith also states that in order to have a productive labour, they must be assigned the tasks that best fit their capabilities and abilities. This is for the reason that this assignment of labour according to their expertise would lead them to produce substantial and surplus products that can come under reinvestment into the production process. Adam Smith also has a leading concern towards the origins of the value, which has come under recognition in two different forms: use value and exchange value, and concluded that labour is the primary source of value (Reisman, 1976). The data and records provide clear evidences that the division of

How Does the Legacy of Colonialism Contribute to Some of the Economic Essay

How Does the Legacy of Colonialism Contribute to Some of the Economic Issues Facing Caribbean Countries Today - Essay Example Colonialism can be defined as â€Å"the domination of people another country† (Osterhammel & Frisch, 1997, p15). This involves suppressing the inferior culture. These Caribbean countries include Jamaica, Haiti, Cuba, Dominican Republic, and Puerto Rico among others. Caribbean countries have common problems, which include financial stress and lack of sufficient investment; as a result, they face crisis in the credit markets. Nevertheless, colonialism impact on the Caribbean countries is felt up to date. Cuba and Puerto Rico gained independence in 1901 whilst Jamaica and Trinidad gained their independence in 1962 (History of the Caribbean 2012). Colonial governments were mostly undemocratic, and emphasized on divide and rule, which weakened the local power institutions. This paper will discuss the legacy of colonialism in relation to some of the economic issues facing the Caribbean countries. Legacy of colonialism and its contribution to some of the economic issues facing Caribb ean countries today The Caribbean countries struggled, but were full of courage for many years to attain their freedom and democracy as well. These countries have been a target to many developed countries due to their natural resources. However, the Caribbean countries have, over the years, tried to improve their economy to no avail; they have also tried to engage in clothes production, processing of food, and manufacturing of sugar, all of which have ended up in failure. The effects of colonialism have been felt on the Caribbean economy, which have contributed to its weakness. Though the Caribbean countries have attained their independence, some colonial policies hinder the Caribbean economy from excelling, posing as a ground for exploitation. According to The Michael Manley foundation (2006), colonizers of the Caribbean countries benefited greatly from controlling these countries; for instance, slave trade impacted positively on the industrialization of Britain, and as a result, e merging as the wealthiest nation. The colonized countries did advanced partially, as all the profits extracted from their resources benefited the mother countries of the colonizers. In addition, the Caribbean countries were not in a position to produce what they required, but they produced what the colonizers needed (The Michael Manley foundation, 2006). Today, the developed nations continue to benefit from the natural resources of the Caribbean countries with insignificant returns. For instance, Trinidad produces oil while Jamaica produces coffee, bananas, and sugar, all of which are exported to the developed countries. The developed nations use these raw materials to the benefit of their countries, and export the finished goods to the Caribbean countries; as a result, they make huge profits, while the Caribbean countries receive fewer returns. Colonialism encouraged the exportation of agricultural goods; as a result, the Caribbean countries have continued to lay more emphasis on t he exportation of such goods rather than investing in their manufacturing industries by expanding them. If the Caribbean countries would expand on their manufacturing industries, they would gain more profits through exporting finished goods, rather than raw goods, and as a result, boosting their economy. Importing more and exporting less is the trend of the Caribbean countries, this trend began in the colonialism era, where these colonized nations imported goods from the colonizing