Tuesday, December 31, 2019

Security And Confidentiality Of The Information - 1428 Words

Security and Confidentiality of the information Introduction In this task, I have been asked summarise the Data Protection Act (1998) and Computer Misuse Act (1990). Also I will have to explain the ethical issues surrounding the code of practice (when using email and internet) and information ownership and talk about the importance of backing up information and impact of increasing the sophistication of systems. [P3] Legal Issues – The Data Protection Act 1998 is the act to control how your personal information is used by organisations, businesses or the government. All businesses, organisations and even the government must abide by this Act so that personal information must be used lawfully and fairly this means that everyone who has access to your personal information must use it for limited, specifically stated purposes and must inform the corresponding person of how his/her personal information is going to be used. Below are some of the strict rules organisations/businesses must follow when in possession of your personal information: †¢ Used in a way that is adequate, relevant and not excessive. †¢ Accurate. †¢ Kept for no longer than is absolutely necessary. †¢ Handled according to people’s data protection rights. †¢ Kept safe and secure. †¢ Not transferred outside the UK without adequate protection. The Computer Misuse Act 1990 is the act that makes the unauthorized access to a computer or network systems illegal. Force entry or hacking is illegal because when anShow MoreRelatedSecurity Privacy Confidentiality of Health Information in the Philippines2076 Words   |  9 PagesSECURITY, PRIVACY, AND CONFIDENTIALITY (SPC) OF HEALTH INFORMATION IN THE PHILIPPINES DEFINITION OF TERMS Due to the special nature of health information, the legal and technical aspects of the concepts of security, privacy, and confidentiality (SPC) have a particular meaning in the context of healthcare. Privacy is the right of an individual to limit access to others to some aspect of their person. A more specific type of privacy is informational privacy (which is the notion of privacy we are mostRead MoreThe Information Security Team Commits Confidentiality, Integrity, And Availability Of Assets1205 Words   |  5 PagesThe Information Security team commits to the confidentiality, integrity, and availability of assets. Even more, security policies clarify how the company intends to protect company assets against similar breaches in the future. For example, the Monitoring and Logging Policy define the following procedures to review: systems logs; access reports; administrator and operator logs; fault logs. Monitoring and logging are important to any information security program. In general, monitoring ensures usersRead MoreEffectiveness Of The Security Controls On The Confidentiality, Integrity And Availability Of Information At The Organization s Disposal783 Words   |  4 Pagesthe breach, effectiveness of the security controls in place and the impact on the confidentiality, integrity and availability of information at the organization’s disposal due to the breach. As a next step, investigation should focus on checking if the intrusion was caused due to any malware. If any malwares were detected, IR team should start analyzing the traits of the malware. If the IT team didn’t have the skillset to do so, then our organization’s IT security partners, an external consultingRead MoreA Security Plan Policy For An Dod Information Protection From Loss Of Confidentiality, Integrity, And Availability1246 Words   |  5 Pagescivilian personnel. With such a huge organizat ion does come with a huge network, and security infrastructure network, and the burden to protect the information transferred or stored on that network. This means information is a strategic asset to the Department of Defense; it’s therefor the goal of this security policy to provide guidelines of implementing information security and awareness to insure that information transferred or stored over the DoD network is appropriately protected, shared, andRead MoreRelationship Between Info Sec And Cia Model1437 Words   |  6 PagesCIA 4) Confidentiality with Policy, Technology and Education. Two examples with how confidentiality is lost with policy and technology on Storage/Processing/Transmission aspects. The practice of defending digital information from unauthorized Access, Use, Recording, Disruption, Modification and Destruction is Information Security. There comes a question as to how do we start building or evaluating a security system. The answer is CNSS model or McCumbers cube (Committee on National Security Systems)Read MoreInformation Classification Plan For Kingsley Media Enterprises1212 Words   |  5 Pagesreport is introductory to an information classification plan related to Kingsley Media Enterprises This report explains the importance of information classification and introduces three labels that can define any information, and the countermeasure that aid to mitigate the risk and impacts of information being exposed. Proper security measures must be accompanied with information classification and practical workshops for employees to learn how to label information. Read MoreMedical Professionals Should Always Value A Patient s Ethical Right833 Words   |  4 PagesMedical professionals should always value a patient’s ethical right to privacy and confidentiality. Under the HIPPA law, there are still concerns with the protection of patient privacy; therefore, healthcare professionals must confront the growing technological environment and find ways to increase access security, as well as discipline employees that violate a patient’s privacy. Electronic health records can be beneficial to providers from a cost and efficiency standpoint, but are patients reallyRead MoreEssay On Non Technical Manager896 Words   |  4 PagesSecurity for Non-Technical Managers Information security is one of the weakest links on the information system management. Thus, non-technical managers lack knowledge on the subject. This increases the risk of threats by driving them to comply with the organization security policy. To protect, the organization information security assets, non- technical managers should be exposed to the three main areas of accountability such as Confidentiality, Integrity, and Availability (CIA). By doing so, itRead MoreNetwork Security Applications1063 Words   |  5 PagesNetwork Security Applications and Countermeasures |Domains |CIA Functions | | |Ethical Hacker |User domain |Confidentiality | |Intrusion Detection system / intrusion |WAN Domain |Integrity | |prevention system | | | |Access controlsRead MoreChallenges Faced By Large And Small Enterprises1372 Words   |  6 Pagesthe rise in increasing number and complexity of attacks, vigilant approaches to security in both large and small enterprises are a must. These days even a small sized business organizations as well as medium sized organizations have lot of money due to repeated fraudulent transactions. These are mainly due to the fraudulent electronic financial transactions. Individuals are really the weakest connection in any security composition. A great many people are not cautious about keeping secrets, for example

Sunday, December 22, 2019

The Initiative Of The Pathways Programs Essay - 874 Words

Achieving goals on the roadway to twenty-first century jobs is the initiative of the Pathways Programs. These programs help high school students and adults achieve a college bond high school diploma or equivalent, and technical skills that will build a career and educational pathway. Community Colleges work toward â€Å"partnerships with K-12 schools, the private sector, government, higher education and other entities as one cohesive unit,† preparing students for industry occupations and furthering educational opportunities for students. (Campbell, 2012) These benefits go beyond the individual affecting the colleges, communities and workforce needs of local industries. The changing tide in colleges from the traditional 18-24 year old students to the non-traditional student that attends school and works or re-trains for career advancement works well with Pathway Programs. All students should leave high school with a college ready diploma even if they choose a technical or trade career, recognized as one of the goals of the Common Core State Standards. (Campbell, 2012) Pell Grants are available for adults entering the Career Pathways programs making college success easier and the early numbers are showing an upward trend in retention to graduation rates for adult learners in these programs. (Jobs for the Future, n.d.) The integration of Common State Standards and Common Career Technical Core readies students for the workforce and community technical colleges. (Pahlow Show MoreRelatedThe Bridge Of Opportunity Initiative778 Words   |  4 PagesThe Bridges To Opportunity Initiative helps to ready low-income under skilled adult students to obtain workforce ready skills using community and technical colleges to achieve jobs with livable wages and an educational pathway. (Ford Foundation, n.d.) The Integrated Basic Education and Skills Training (I-Best) works with adults who want to better their basic educational skills to increase employability and the opportunity to advance their education in a career development direction. (Wachen, JenkinsRead MoreHow Does The Linked Learning Approach Increase The College And Career Readiness Of Hispanic And African American Males At Essay1388 Words   |  6 Pagescollege and career readiness of Latino and African American males at the high school level? 11. DESCRIPTION OF THE PROJECT: There are many factors that could affect the college and career readiness of African American and Latino males, however programs that marry career and technical skills with academics like the Linked Learning Approach may help to improve that readiness drastically Growing up, my family has always been close, especially my brother and I. Although we are six years apart, weRead MoreReflection On Work Experience842 Words   |  4 Pagesassignments and work experience regarding my career pathways. As I look back and reflect on my time at this course, I am able to explore the graduate qualities and capabilities I have achieved over the duration of this study period, as well as the skills and abilities I need to improve on. Graduate qualities are skills that have been learned by students throughout the course of their schooling life, for example, it is a learning outcome of a program specifically stating the things thats been learnedRead MoreThe Postsecondary State Policy Network972 Words   |  4 Pagesassists states in setting policies that will lead to student success and completion. The supporters of this initiative are Achieving the Dream, Completion by Design and Student Success Center. The primary focus is supporting structured student pa thways from connection to college through completion. The four pathways are connection, entry, progress and completion (2014). I agreed with this initiative and believe the network is well needed, and is committed to help states create legislative policies thatRead MoreCurrent Event : Child Abuse Prevention909 Words   |  4 Pagesmembers who participated struggled in raising awareness of this painful subject but was recognized as something that needs to be confronted and discussed to prevent the abuse and neglect of children throughout the state (Smith, D. 2015). One of the program managers of Idaho’s child welfare services, Marian Woods, said there is good news to share, as research shows it is possible to keep children safe; however, this requires the help of everyone in the community to take part, especially in creating andRead MoreHealth Care Quality Improvement Process Essay1212 Words   |  5 Pagesimprovement initiatives work best when geared toward an individual organization’s resources, procedures and current services. Improving Quality in a Complex Environment Caregiving organizations use process mapping to outline their practice and processes. The map visually represents organizational service sequences and processes, while revealing possible improvement opportunities. Organizations optimize their clinical practices using process maps to achieve positive outcomes called critical pathways. SimilarRead MoreComparing The Philosophies Of The Institutions1338 Words   |  6 PagesVision Goals Northern Illinois University/ Public â€Å"According to Northern Illinois University 2016 The Division of Student Affairs Enrollment Management supports student academic and personal success through strategic recruitment and retention initiatives. The Division makes efforts to ensure student welfare and provide opportunities for engagement, leadership, and services that promote persistence through the collegiate experience in preparation for the entirety of their lives.† â€Å"According to NorthernRead MoreBuilding A New Referral At The Aduol s Sexual Assault1716 Words   |  7 Pagespolicies between existing and new systems can be difficult since multiple representatives have individual interests and goals. In the span of a few days, Aduol and her mother see 11 people; some of whom they see multiple times. A more established pathway must be developed to increase coordination while addressing the needs of the individual in the context of the community. It is evident that most representatives know what is needed to do their jobs but do not understand the big picture beyond theRead MoreCrime Prevention in New Orleans729 Words   |  3 Pagesrebuilding neighborhoods also helped the crime rate. These initiatives are a way to get younger people off the streets by mentoring and educating at risk youth. The government inaugurated a new approach for reducing crime by creating an organization called â€Å"NOLA for Life.† It was established to provide crime prevention strategies for determining the causes of the problem and involves a strengthening in the Law Enforcement with Intervention Programs that have been proven effective in other cities aroundRead MoreModule 7 : Leadership Development1528 Words   |  7 Pageslearning opportunities, the authors discussed the growing amount of leadership knowledge available. They also discussed the increase in leader development programs offered at â€Å"institutions of higher education† and â€Å"within work organizations† (Hackman Johnson, 2013). They highlighted that work organization are implementing leadership programs to improve leadership success. (McDermott, Kidney, Flood, 2011) reported that, â€Å"From an organizational perspective, a growing body of evidence suggests

Saturday, December 14, 2019

Fractional reserve banking dissertation Free Essays

Chapter 1 1.1 Introduction Fractional reserve banking concepts, theories and a real life case of debate by the Bank of England Governor Mervyn King have been investigated in this dissertation from a perspective differed to the mainstream. There have been controversy on the discussion on the nature and uprising of fractional reserve banking. We will write a custom essay sample on Fractional reserve banking dissertation or any similar topic only for you Order Now Therefore, the author believes a need for awareness on the history and nature on subject is worth identifying. The approach mentioned above is expected to form a new angle on the issue investigated and conducting further insight for a more dynamic instead of a static framework in forthcoming research. Based on extensive reviews on texts, books, research papers and websites. Appropriately, from the literature review, the author would consider fractional reserve banking as a widely spread banking system in which allows banks to create money in a banking system by lending a fraction of its deposits while keeping only a small fraction of the original deposit as a reserve available for withdrawal and daily operations. This kind of de facto banking operation system has been legit and practiced by all commercial banks. Accordingly, a vase amount of publications have been stating the goldsmiths were the inventors of this banking mechanism. In this dissertation, the author would be looking into the background of a brief history of fractional reserve banking in the 17th century, as this operation has been operating throughout the globe in every commercial banks for decades. In addition, a critical review Fractional Reserve Banking as a system as a whole and its affects on our modern day society. And by explaining some common misconception on fractional reserve banking and full reserve banking. In addition, evaluating a case of speech by the Bank of England Governor Mervyn King and the Bank of England’s view on this banking system and concluding with some perspective on future development and reformation on the current fractional reserve baking system. 1.2 Research Aim The aim of this research is to investigate, identify and indicate the existing critical factors and problems behind the fractional reserve banking system in the UK by going through a critical literature review and a case on the Bank of England’s Governor Mervyn Kings’ speech on the subject and identifying possible reform suggestions. In order too achieve the research aims, the following objectives below have been set. 1.3 Research Objectives This research approach is expected to investigated and identify the background history, insolvency and possible reform suggestions in the current fractional banking system in the UK. It will mainly focus on critical analysis and literature review and case study on fractional reserve banking, full reserve banking, critiques on fractional reserve banking and possible reform suggestions from a financial and ethical perspective. In order too fulfill research approach, the research objectives have been created and summarized as follows: Firstly, identify the concept and background of fractional reserve banking, capital reserve ratios, full reserve banking and reform proposals by reviewing literatures. Secondly, find out the history and possible up rising of fractional reserve banking. Thirdly, distinguish misconceptions and critical analysis on fractional reserve banking. Fourthly, explore and recognize key factors and problems above the theories by critical analysis on the selected case study. Fifthly, perceive possible reform suggestions to the current fractional reserve banking system. 1.4 Research Method In order to achieve a high standard quality of result, it would be important to identify the research method and methodology. General business research stages will be followed in the research process. The general business research stages includes defining the objective, planning a research design, planning a sample, collecting data, analyzing the data, framing a conclusion and lastly, preparing the report (Zikmund,2003) The main research method in this research approach would be literature review. In order to maintain a high quality and thorough systemic research; gathering supportive information, theories and frameworks includes published researches, academic journals, case studies, academic publications is necessary. 1.5 Dissertation Structure Chapter one is an introduction briefly introducing some background information, research aim, and objectives for this research approach. Chapter two largely focus on the relevant literature reviews to the research project which consists of history on fractional reserve banking, definition and concepts and misconceptions on the subject. The literature review is to identify supportive and relevant information to the research area and focus. Chapter three will be providing an overview on the methodology and research method selection, supportive software used for extensive comparative analysis and the chapter will also be identifying data formulation. Chapter four will be revealing the research result, findings and case analysis, which is supportive, and relevance to the further discussion. Chapter five will be concluding the research paper with suggestions for reform and points out critical factors uncovered in this research approach, and future improvement. 1.6 Limitation Because of exceptionally limited time in the whole research process, the result and quality of the research paper is therefore in constriction. On the other hand, a lack of up to date literatures and researches in terms of critiques on fractional reserve banking has inevitably increased the difficulty in acquiring expressive and reliable data in the systemic approach. As stated above, therefore the author would have a level of difficulties in obtaining the perfect research result. Chapter 3 Methodology 3.1 Data Sources The research frameworks are well organized and carried out accurately in order to achieve a research result as precise as possible. First of all, to understand the importance of the research methodology, the research process will be identified and explained. In this case, relevant literature review from all possible sources and formats from books, journal articles, thesis and the internet will be included as the primary source of data. The secondary, research data format would be using a case study as its function is to verify arguments from other sources and helps drawing views and debates on the nature of the subject. 3.2 Methodology Approach 3.2.1 Data Samples The method adopted for this research project involved extended on-site visits to Thomson One Banker and Emerald Journals. In addition to it, SSRN research database Accordingly, Thomson One Banker represents the most important data source. A relevant case from the data sources was carefully selected to achieve a better understanding of the factors and critiques on fractional reserve banking. The author also implemented additional press research to verify the data in the Financial Times and The Economist. 3.3 Selection of Research Methodology In this research paper, the author tends to apply case study approach and sources of data from literatures. Which emphasize on observing and reasoning as a result of understanding the nature of the phenomena in terms of expressing the observation the author’s point of view. The case study method is also known as the realistic analysis that studies a current phenomenon within its present-day and real life perspective involving various sources of data (Yin, 2003). Anderson (1998) added that the case study approach is about the exploration of contextual realities and dissimilarities between what was planned and what have actually occurred in terms of who, why and how things happen. As well, Edge and Coleman (1986) mentioned that the case studies enable researchers to gain high degree of confidence in their judgment and verdict, which as well improve the degree of humility. The case study approach is a common use of technique of corresponding to what, who, when and how things happen. Therefore, the case study approach is chosen in order to assist the author to deliver a conclusive debate. From a several source of supportive evidence, literature review and case study enables the author to look deeply into real life happenings. Furthermore, An explanatory case study offers the data and perception based on cause-effect relationships, responding to whom, why and how things happen in its natural context that includes the point of view of the participants (Kos, 1991). And throughout the methodology progress, it has been a great media of increasing the existing understanding of the processes by businesses and other organizations implemented, this is because it is a way of creating consistent and yet valid evidence. 3.4 Limitations Arising from the extensive case studies and literature reviews, the research methods can hardly be factually completed due to the limitations of the research approaches. There are at least three obstacles in obtaining unbiased references from the methods chosen. Potential inadequacies in this research include the large amount of data, which may have led to missing important data or overweighting some findings due to focusing on a particular and big set of data. Besides, it is possible that revisiting the data would reveal other issues and aspects would occur. Moreover, a research study generally is limited to descriptions of what the author gathered from the case study and literature reviews analyzed, which also limits the ability to generalize the results. On the other hand, the research study is time-consuming to gather and even so it takes lots of time to analyze as cutting corners on either of these aspects can probably cause to lower the value and credibility of the research paper. As a result, the author might or might not give valuable data in the time given. Besides, the author faces the challenges in representing of the information gathered. Every researcher has different ways of presenting the same set of data based on different styles and emphasis which leads the author to have difficulties in summarizing the data collected. Shionoya (1992) defines that methodology is known as the philosophical study of reason behind a prescribed use of methods. Consequently, studies of various definitions, concepts and theories are preferred to verify the functions and importance of methodology. This study correspondingly indicated the purpose for applying different methods and clarified the motive of a specific method which in terms of aiding in framing the particular discussion. Consistently, this theory is considered as predictable and recognizable. As quoted from Easterby-Smith et al (1993), the discipline which investigates and evaluates methods of inquiry, of validation, of teaching etc., a theory within that discipline. It is important to pay attention that methodology is about method and not the same as method (Easterby-Smith et al, 1993). Accordingly, as there are different emphasis within methodology and method, this theory has distinguished the point on investigation and evaluation which has illustrated the methodology and method noticeably. However, in terms of the distinctive yet complex methodology, as the theories gathered and examined is the result the research in which that the real functions might influence the research, therefore, there are still many components to be considered within the research process. In fact, there are array of research methods available is widespread. Khairul (2008) mentioned that the choice of which method to employ is dependent upon the nature of the research problem. However, the actual suitability of a research method comes from the nature of the social phenomena should be explored (Morgan and Smircich, 1980). In substance, Remenyi and Williams (1993) presents as many as 20 types of qualitative methods and Creswell (1994) proposes basic methodological traditions of research namely ethnography, grounded theory, case study and positivism and post-positivism for phenomenological studies. In addition, Quinn-Patton (1987) offers various methods for consideration. Methodology unquestionably can be used as a decision-making procedure, which is carried out for guidelines of one or more analysis or suppositions. Khairul (2008) stated that a paradigm is a hypothetical design that likely to classifies the researcher’s reality yet one may not be aware of it. Consequently, there is a connection of theoretical decision making to strategies of collecting different backgrounds and different types of figures. Furthermore, the choice of which appropriate method to employ is important in terms of those available background information and figures. Under the circumstances, it is clear that every type of methodologies and methods has explicit and implicit research design. Accordingly, methodologies and methods shape the research process in terms of questions asked and answers received, as well it privileges specific ways of knowledge. In the main, paradigm and perspectives are taken adequate account in the framework of the research. Thus, research methodology is the way showing researchers conduct their researches. A paradigm is defined as a worldview representing people’s value judgments, norms, standards, frames of reference, perspectives, ideologies, myths, theories, and so forth, in terms of managing their thinking and actions (Gummesson, 1991). As cited from Leedy (1997), there are mainly two basic methodological traditions of research derives from the nature of reality, known as positivism and post positivism namely phenomenological. In order to maintain the analysis of the phenomena, sufficient information and precise elements might be required in positivist paradigm. Conversely, the use of several sources of information can help extensively in improving the validity and reliability of the research. By studying every aspect of the problem from as many angles as possible, and by using different sources of data, the case study research strategy is a powerful research tool in the hands of a capable researcher (Hodkinsons, 2001). It is believed that bias is everywhere but it can be minimized with following the steps as mentioned above. The author understands that it is the crucial task in the research paper to reduce the bias level. Reference Admati, A.R., DeMarzo, P.M., Hellwig, M.F., and Pfleiderer, P (2010), ‘Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital regulation: Why Bank Equity is Not Expensive’ Stanford Business School, mimeo. Arrow, K.J. (1951), ‘An extension of the basic theorems of classical welfare economics’, In Proceedings of the Second Berkeley Symposium on Mathematical Statistics and Probability, ed. J. Neyman, Berkeley: University of California Press, 507–32. Arrow, K.J. and Debreu, G. (1954) ‘Existence of an equilibrium for a competitive economy’, Econometrica 22, 265–90. Bagehot, W. (1873), ‘Lombard Street: A Description of the Money Market’, Wiley Sons, (reprinted 1999). Bank of England, (2009), ‘Financial Stability Report’, June 2009, available at http://www.bankofengland.co.uk/publications/fsr/2009/fsrfull0906.pdf Diamond, D.W. and Dybvig, P. H. (1983, 91(3)), ‘Bank Runs, Deposit Insurance, and Liquidity’, The Journal of Political Economy, pp. 401-19. Brennan, S., Haldane, A. and Madouros, V. (2010), ‘The Contribution of the Financial Sector Miracle or Mirage?’, available at http://www.bankofengland.co.uk/publications/speeches/2010/speech442.pdf Colangelo, A. and Inklaar, R. (2010), ‘Banking Sector Output Measurement in the Euro Area – A Modified Approach’, ECB Working Paper Series No. 1204. Debreu, G. (1951), ‘The coefficient of resource utilization’, Econometrica 19, 273–92. Fisher, I (1936), ‘100% Money’, Revised edition, New York: Adelphi Company, 1936. Friedman, M. (1960), ‘A Program for Monetary Stability’ New York: Fordham University Press, 1960. Haldane, A. (2010), ‘The $100 Billion Question’, available at http://www.bankofengland.co.uk/publications/speeches/2010/speech433.pdf Hellwig, M. (1995), ‘Systemic Aspects of Risk Management in Banking and Finance’, Swiss Journal of Economics and Statistics, Vol. 131 (4/2), 723-737. IMF (2009), ‘Global Financial Stability Report’, April 2009. Institute of International Finance (2010), ‘Interim Report on the Cumulative Impact on the Global Economy of Proposed Changes in the Banking Regulatory Framework’, available at http://www.ebf-fbe.eu/uploads/10-Interim%20NCI_June2010_Web.pdf Kay, J. (2008), ‘We let down diligent folk at the Halifax’, Financial Times, 24 September 2008 Kay, J. (2009), ‘Narrow Banking: The reform of banking regulation’, CSFI report. Keynes, J.M. (1936), ‘The general theory of employment, interest and money’, London: MacMillan (reprinted 2007). Kotlikoff, L.J. (2010), ‘Jimmy Stewart is Dead: Ending the World’s Ongoing Financial Plague with Limited Purpose Banking’, John Wiley Sons. Lacker, J.M. (2010), ‘Real Regulatory Reform’, available at http://www.richmondfed.org/press_room/speeches/president_jeff_lacker/2010/lacker_speech_201 00301.cfm Miles, D. (2010), ‘Leverage and Monetary Policy’, available at http://www.bankofengland.co.uk/publications/speeches/2010/speech451.pdf Modigliani, F. and Miller, M.H. (1958), ‘The cost of capital, corporate finance and the theory of investment’, American Economic Review 48, 261–97. Pigou, A.C. (1920) ‘The Economics of Welfare’, 4th edition, London: Macmillan, 1932. Tobin, J (1987), ‘The Case for Preserving Regulatory Distinctions’, in Restructuring the Financial System, Federal Reserve Bank of Kansas City, 1987, pp. 167-183 Tucker, P. (2010a), ‘Resolution of Large and Complex Financial Institutions: The Big Issues’ available at http://www.bankofengland.co.uk/publications/speeches/2010/speech431.pdf Tucker, P. (2010b), ‘Shadow Banking, Financing Markets and Financial Stability’ available at http://www.bankofengland.co.uk/publications/speeches/2010/speech420.pdf Weitzman, M. L. (1974), ‘Prices vs. Quantities’, Review of Economic Studies, vol. 41, p.477-91. Wolf, M. (2010), ‘The challenge of halting the financial doomsday machine’, Financial Times, 20 April 2010. How to cite Fractional reserve banking dissertation, Essays

Friday, December 6, 2019

Television free essay sample

A protocol was demonstrated to the Federal Communications Commission. They were impressed but hesitant to commercialize it due to a black and white standard they had just created (â€Å"Leaving the FCC Website†). Eventually, after lawsuits pursued, the Federal Communications Commission created a colored television and broadcasting standard (Layman 425). Colored televisions started selling quickly when the Korean War had begun because Americans wanted to escape from the terror and violence of the war (Layman 424). They found escapism in their living rooms from the new gadget (Layman 424). Finally in 1972, the colored television sales exceeded black and white television sales, officially making the transition to nearly all homes. Overall, the television became popular after numerous obstacles, but it is now a huge part of society today. Communication was changed immensely locally and nationally after the television had become popular in so many households worldwide. At a local level, news stations would inform viewers of hazardous weather conditions such as tornadoes, hurricanes, and storms (Berg). We will write a custom essay sample on Television or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page At a national level, the news station would inform viewers of important events or milestones. Some of those include political voting results or trending global news (Berg). One of the main things that was communicated through television was the Korean War. The Korean War was one of the reasons why television became so popular in the first place. Viewers were updated on the war just as television viewers nowadays are. They were able to keep up to date on the progression of it and also how we were doing in it. One last thing that was broadcasted to viewers was presidential debates. The largely known Eisenhower versus Stevenson election was greatly influenced by the television by using advertisements (Kaid). Not only did television help communicate news to viewers, it also changed how political information was shared. The first presidential election to be televised was the Eisenhower versus Stevenson campaign, though the winner may have only won due to the television broadcasting. Previous to television, all information regarding politics was spread through the radio or not broadcasted to society. Presidential candidate Dwight D. Eisenhower found a simple way to sway the voters; that method involved using commercials (Kaid). The voters â€Å"have credited the spots with helping Eisenhower to craft a friendly, charming persona that contributed to his eventual electoral success† (Kaid). Another presidential candidate, Adlai Stevenson, refused to produce commercials because he was against electronic campaigning, which also made the election easier for Eisenhower (Kaid). Eisenhower won the election with great numbers due to his television advertising. The use of electronic advertising has drastically grown since then, greatly affecting presidential elections nowadays. It is one of the top methods of candidates communicating with their voters. The television impacts political debates and elections, greatly impacting societies present and future. Television has positively impacted the economy during the 1950’s to a great extent. It was becoming so popular that â€Å"It had become the central piece of ‘furniture’ in American homes, and the most potent engine for driving the postwar consumer economy. † (Berg). In 1951, roughly 1. 5 million television sets were sold in the United States (â€Å"1950s Economics†). Each television set costed $1,100 not including the remote (â€Å"1950s Economics†). That comes out to a total of $1,650,000,000 spent on televisions alone in 1951. Also, a large sum of money goes towards advertising. All of that money stimulates the economy and businesses. That revenue helped the United States recover from the poor post war economy. NBC, CBS, and ABC, all television corporations, had â€Å"provided the business model upon which the television business was built. † Those networks greatly contributed to the revenue generation from the television and were the most popular channels at the time. The economy in the 1950’s had tremendously grown about 40% since the last decade, mostly due to the television boom (Berg). Overall, communication, politics, and economics have been greatly influenced by the television boom in the 1950’s. Breaking news, presidential debates, and economy booms were introduced because of the television. It was primarily adopted by society to escape from the violence of the Korean War, but it soon became an item that was used just for the entertainment. (Layman 424) Technology and society would not be where it is today if it were not for this invention.