Economics & study Essay

Economics is the study of how individuals use scarce resources to satisfy their needs (Lee, et al). There are a number of concepts that are associated in learning economics. These include limited resources, opportunity cost and trade-offs among many other factors of consideration. To understand and be able to make wise decisions in the purchasing of any good and service, one should better understand these concepts of economics. They are also imperative in the production of goods and services which is the primary aim of studying economics (Salaman, 1). Money and time are resources that are finite (Lee, et al). They are therefore called limited resources. A scarce resource is a resource that has a high demand and therefore proper decision making is needed to ensure that they are used optimally. Economics involves the distribution of resources so that they can satisfy individual needs. Money is scarce because it is limited in supply and therefore it should be used wisely to satisfy human needs (Lee, et al). For instance, if an individual has $ 500 in the pocket, he will choose to pay for his rent rather than buying beer for himself. Time on the other hand is an economic resource and one needs to decide well on what to do at a certain time and what to do at other times. In our daily lives, we often make decisions that impact the purchase of goods and services. These decisions depend on what our needs are and what are the resources that are at our proposal. Making decisions in economics is a very vital stage when it comes to purchasing of goods and services (Salaman, 1). An individual should make a decision that he or she will not regret when the scarce economic resource runs out. To make a good decision, one should really understand some concepts in economics like the price theory. Price theory makes one understand the prices of commodities that are in the market. When one understands the price theory, he or she can make the correct decision on what to buy at what price without incurring many losses. Opportunity cost results after careful decision making (Lee, et al). It is the cost which is equivalent to the value of the best alternative that an individual sacrifices in doing something else. By making a choice in whatever an individual does in life, he or she must incur opportunity cost. It can either be a marginal benefit or a marginal cost. For instance, an individual may have choices of either joining a masters program or getting employed in a company paying him $ 100,000. If the person decides to go for the masters program, his opportunity cost will be $ 100,000. Marginal benefit is defined as the benefit that is got by adding one extra unit in the level of activity (Lee, et al). Marginal cost on the other hand is the extra cost incurred by adding an extra unit in the level of activity. Generally, since all consumers are assumed to be rational, they tend to minimize marginal costs and maximize marginal benefits. The difference between the two gives the net benefit. Trade-offs on the other hand is closely related to opportunity cost although it reallocates the amount of time or money to be spent (Cage). This implies that there is that money that is set aside for spending on maybe house expenses. By buying less of what is not necessarily important and buying more of what is necessary, one shall have incurred a trade-off. It involves reallocation of money or time from what had been planned on (Cage). In conclusion, the study of economics helps individuals to determine on the type of choices they are to make in their daily lives. Deciding on what good or service to purchase may call for one to understand the concepts of opportunist cost, trade-offs and most importantly, have the knowledge of the scarce resources that are available to him or her. Works Cited: Cage, Michael. The differentiation trade-off and marketing to values. 2010. Web July 14, 2010 from http://www. entrepreneurslife. com/thoughts/entry/the-differentiation-trade-off-and- marketing-to-values/ Lee, Kylen, et al. The scope and methods of economics. September 17 2006. Web: July 14, 2010 from http://www. econguru. com/introduction_to_economics/scope-method. html Salaman, Graeme. Decision making for business: A reader. London: SAGE Publication Ltd, 2002.

Econometrics Chapter Summaries Essay

2) Basic Ideas of Linear Regression: The Two-Variable Model In this chapter we introduced some fundamental ideas of regression analysis. Starting with the key concept of the population regression function (PRF), we developed the concept of linear PRF. This book is primarily concerned with linear PRFs, that is, regressions that are linear in the parameters regardless of whether or not they are linear in the variables. We then introduced the idea of the stochastic PRF and discussed in detail the nature and role of the stochastic error term u. PRF is, of course, a theoretical or idealized construct because, in practice, all we have is a sample(s) from some population. This necessitated the discussion of the sample regression function (SRF). We then considered the question of how we actually go about obtaining the SRF. Here we discussed the popular method of ordinary least squares (OLS) and presented the appropriate formulas to estimate the parameters of the PRF. We illustrated the OLS method with a fully worked-out numerical example as well as with several practical examples. Our next task is to find out how good the SRF obtained by OLS is as an estimator of the true PRF. We undertake this important task in Chapter 3. 3) The Two-Variable Model: Hypothesis Testing In Chapter 2 we showed how to estimate the parameters of the two-variable linear regression model. In this chapter we showed how the estimated model can be used for the purpose of drawing inferences about the true population regression model. Although the two-variable model is the simplest possible linear regression model, the ideas introduced in these two chapters are the foundation of the more involved multiple regression models that we will discuss in ensuing chapters. As we will see, in many ways the multiple regression model is a straightforward extension of the two-variable model. 4) Multiple Regression: Estimation and Hypothesis Testing In this chapter we considered the simplest of the multiple regression models, namely, the three-variable linear regression model—one dependent variable and two explanatory variables. Although in many ways a straightforward extension of the two-variable linear regression model, the three-variable model introduced several new concepts, such as partial regression coefficients, adjusted and unadjusted multiple coefficient of determination,  and multicollinearity. Insofar as estimation of the parameters of the multiple regression coefficients is concerned, we still worked within the framework of the classical linear regression model and used the method of ordinary least squares (OLS). The OLS estimators of multiple regression, like the two-variable model, possess several desirable statistical properties summed up in the Gauss-Markov property of best linear unbiased estimators (BLUE). With the assumption that the disturbance term follows the normal distribution with zero mean and constant variance ÏÆ'2, we saw that, as in the two-variable case, each estimated coefficient in the multiple regression follows the normal distribution with a mean equal to the true population value and the variances given by the formulas developed in the text. Unfortunately, in practice, ÏÆ'2 is not known and has to be estimated. The OLS estimator of this unknown variance is . But if we replace ÏÆ'2 by , then, as in the two-variable case, each estimated coefficient of the multiple regression follows the t distribution, not the normal distribution. The knowledge that each multiple regression coefficient follows the t distribution with d.f. equal to (n – k), where k is the number of parameters estimated (including the intercept), means we can use the t distribution to test statistical hypotheses about each multiple regression coefficient individually. This can be done on the basis of either the t test of significance or the confidence interval based on the t distribution. In this respect, the multiple regression model does not differ much from the two-variable model, except that proper allowance must be made for the d.f., which now depend on the number of parameters estimated. However, when testing the hypothesis that all partial slope coefficients are simultaneously equal to zero, the individual t testing referred to earlier is of no help. Here we should use the analysis of variance (ANOVA) technique and the attendant F test. Incidentally, testing that all partial slope coefficients are simultaneously equal to zero is the same as testing that the multiple coefficient of determination R2 is equal to zero. Therefore, the F test can also be used to test this latter but equivalent hypothesis. We also discussed the question of when to add a variable or a group of variables to a model, using either the t test or the F test. In this context we also discussed the method of restricted least squares. 5) Functional Forms of Regression Models In this chapter we considered models that are linear in parameters, or that can be rendered as such with suitable transformation, but that are not necessarily linear in variables. There are a variety of such models, each having special applications. We considered five major types of nonlinear-in-variable but linear-in-parameter models, namely: 1.The log-linear model, in which both the dependent variable and the explanatory variable are in logarithmic form. 2.The log-lin or growth model, in which the dependent variable is logarithmic but the independent variable is linear. 3.The lin-log model, in which the dependent variable is linear but the independent variable is logarithmic. 4.The reciprocal model, in which the dependent variable is linear but the independent variable is not. 5.The polynominal model, in which the independent variable enters with various powers. Of course, there is nothing that prevents us from combining the features of one or more of these models. Thus, we can have a multiple regression model in which the dependent variable is in log form and some of the X variables are also in log form, but some are in linear form. We studied the properties of these various models in terms of their relevance in applied research, their slope coefficients, and their elasticity coefficients. We also showed with several examples the situations in which the various models could be used. Needless to say, we will come across several more examples in the remainder of the text. In this chapter we also considered the regression-through-the-origin model and discussed some of its features. It cannot be overemphasized that in choosing among the competing models, the overriding objective should be the economic relevance of the various models and not merely the summary statistics, such as R2. Model building requires a proper balance of theory, availability of the appropriate data, a good understanding of the statistical properties of the various models, and the elusive quality that is called practical judgment. Since the theory underlying a topic of interest is never perfect, there is no such thing as a perfect model. What we hope for is a reasonably good model that will balance all these criteria. Whatever model is chosen in practice, we have to pay careful attention to the units in which the dependent and independent variables are expressed, for the interpretation of regression coefficients may hinge upon units of  measurement. 6) Dummy Variable Regression Models In this chapter we showed how qualitative, or dummy, variables taking values of 1 and 0 can be introduced into regression models alongside quantitative variables. As the various examples in the chapter showed, the dummy variables are essentially a data-classifying device in that they divide a sample into various subgroups based on qualities or attributes (sex, marital status, race, religion, etc.) and implicitly run individual regressions for each subgroup. Now if there are differences in the responses of the dependent variable to the variation in the quantitative variables in the various subgroups, they will be reflected in the differences in the intercepts or slope coefficients of the various subgroups, or both. Although it is a versatile tool, the dummy variable technique has to be handled carefully. First, if the regression model contains a constant term (as most models usually do), the number of dummy variables must be one less than the number of classifications of each qualitat ive variable. Second, the coefficient attached to the dummy variables must always be interpreted in relation to the control, or benchmark, group—the group that gets the value of zero. Finally, if a model has several qualitative variables with several classes, introduction of dummy variables can consume a large number of degrees of freedom (d.f.). Therefore, we should weigh the number of dummy variables to be introduced into the model against the total number of observations in the sample. In this chapter we also discussed the possibility of committing a specification error, that is, of fitting the wrong model to the data. If intercepts as well as slopes are expected to differ among groups, we should build a model that incorporates both the differential intercept and slope dummies. In this case a model that introduces only the differential intercepts is likely to lead to a specification error. Of course, it is not always easy a priori to find out which is the true model. Thus, some amount of experimentation is required in a concrete study, especially in situations where theory does not provide much guidance. The topic of specification error is discussed further in Chapter 7. In this chapter we also briefly discussed the linear probability model (LPM) in which the dependent variable is itself binary. Although LPM  can be estimated by ordinary least square (OLS), there are several problems with a routine application of OLS. Some of the problems can be resolved easily and some cannot. Therefore, alternative estimating procedures are needed. We mentioned two such alternatives, the logit and probit models, but we did not discuss them in view of the somewhat advanced nature of these models (but see Chapter 12). 7) Model Selection: Criteria and Tests The major points discussed in this chapter can be summarized as follows: 1.The classical linear regression model assumes that the model used in empirical analysis is â€Å"correctly specified.† 2.The term correct specification of a model can mean several things, including: a.No theoretically relevant variable has been excluded from the model. b.No unnecessary or irrelevant variables are included in the model. c.The functional form of the model is correct. d.There are no errors of measurement. 3.If a theoretically relevant variable(s) has been excluded from the model, the coefficients of the variables retained in the model are generally biased as well as inconsistent, and the error variance and the standard errors of the OLS estimators are biased. As a result, the conventional t and F tests remain of questionable value. 4.Similar consequences ensue if we use the wrong functional form. 5.The consequences of including irrelevant variables(s) in the model are less serious in that estimated coefficients still remain unbiased and consistent, the error variance and standard errors of the estimators are correctly estimated, and the conventional hypothesis-testing procedure is still valid. The major penalty we pay is that estimated standard errors tend to be relatively large, which means parameters of the model are estimated rather imprecisely. As a result, confidence intervals tend to be somewhat wider. 6.In view of the potential seriousness of specification errors, in this chapter we considered several diagnostic tools to help us find out if we have the specification error problem in any concrete situation. These tools include a graphical examination of the residuals and more formal tests, such as MWD and RESET. Since the search for a theoretically correct model can be exasperating, in  this chapter we considered several practical criteria that we should keep in mind in this search, such as (1) parsimony, (2) identifiability, (3) goodness of fit, (4) theoretical consistency, and (5) predictive power. As Granger notes, â€Å"In the ultimate analysis, model building is probably both an art and a science. A sound knowledge of theoretical econometrics and the availability of an efficient computer program are not enough to ensure success.† 8) Multicollinearity: What Happens If Explanatory Variables are Correlated? An important assumption of the classical linear regression model is that there is no exact linear relationship(s), or multicollinearity, among explanatory variables. Although cases of exact multicollinearity are rare in practice, situations of near exact or high multicollinearity occur frequently. In practice, therefore, the term multicollinearity refers to situations where two or more variables can be highly linearly related. The consequences of multicollinearity are as follows. In cases of perfect multicollinearity we cannot estimate the individual regression coefficients or their standard errors. In cases of high multicollinearity individual regression coefficients can be estimated and the OLS estimators retain their BLUE property. But the standard errors of one or more coefficients tend to be large in relation to their coefficient values, thereby reducing t values. As a result, based on estimated t values, we can say that the coefficient with the low t value is not statistically different from zero. In other words, we cannot assess the marginal or individual contribution of the variable whose t value is low. Recall that in a multiple regression the slope coefficient of an X variable is the partial regression coefficient, which measures the (marginal or individual) effect of that variable on the dependent variable, holding all other Xvariables constant. However, if the objective of study is to estimate a group of coefficients fairly accurately, this can be done so long as collinearity is not perfect. In this chapter we considered several methods of detecting multicollinearity, pointing out their pros and cons. We also discussed the various remedies that have been proposed to solve the problem of multicollinearity and noted their strengths and weaknesses. Since multicollinearity is a feature of a given sample, we cannot foretell which method of detecting multicollinearity or which  remedial measure will work in any given concrete situation. 9) Heteroscedasticity: What Happens If the Error Variance Is Nonconstant? A critical assumption of the classical linear regression model is that the disturbances ui all have the same (i.e., homoscedastic) variance. If this assumption is not satisfied, we have heteroscedasticity. Heteroscedasticity does not destroy the unbiasedness property of OLS estimators, but these estimators are no longer efficient. In other words, OLS estimators are no longer BLUE. If heteroscedastic variances ÏÆ'i2 are known, then the method of weighted least squares (WLS) provides BLUE estimators. Despite heteroscedasticity, if we continue to use the usual OLS method not only to estimate the parameters (which remain unbiased) but also to establish confidence intervals and test hypotheses, we are likely to draw misleading conclusions, as in the NYSE Example 9.8. This is because estimated standard errors are likely to be biased and therefore the resulting t ratios are likely to be biased, too. Thus, it is important to find out whether we are faced with the heteroscedasticity problem in a specific application. There are several diagnostic tests of heteroscedasticity, such as plotting the estimated residuals against one or more of the explanatory variables, the Park test, the Glejser test, or the rank correlation test (See Problem 9.13). If one or more diagnostic tests reveal that we have the heteroscedasticity problem, remedial measures are called for. If the true error variance ÏÆ'i2 is known, we can use the method of WLS to obtain BLUE estimators. Unfortunately, knowledge about the true error variance is rarely available in practice. As a result, we are forced to make some plausible assumptions about the nature of heteroscedasticity and to transform our data so that in the transformed model the error term is homoscedastic. We then apply OLS to the transformed data, which amounts to using WLS. Of course, some skill and experience are required to obtain the appropriate transformations. But without such a transformation, the problem of heteroscedasticity is insoluble in practice. However, if the sample size is reasonably large, we can use White’s procedure to obtain heteroscedasticity-corrected standard errors. 10) Autocorrelation: What Happens If Error Terms Are Correlated? The major  points of this chapter are as follows: 1.In the presence of autocorrelation OLS estimators, although unbiased, are not efficient. In short, they are not BLUE. 2.Assuming the Markov first-order autoregressive, the AR(1), scheme, we pointed out that the conventionally computed variances and standard errors of OLS estimators can be seriously biased. 3.As a result, standard t and F tests of significance can be seriously misleading. 4.Therefore, it is important to know whether there is autocorrelation in any given case. We considered three methods of detecting autocorrelation: a.graphical plotting of the residuals b.the runs test c.the Durbin-Watson d test 5.If autocorrelation is found, we suggest that it be corrected by appropriately transforming the model so that in the transformed model there is no autocorrelation. We illustrated the actual mechanics with several examples. 11) Simultaneous Equation Models In contrast to the single equation models discussed in the preceding chapters, in simultaneous equation regression models what is a dependent (endogenous) variable in one equation appears as an explanatory variable in another equation. Thus, there is a feedback relationship between the variables. This feedback creates the simultaneity problem,rendering OLS inappropriate to estimate the parameters of each equation individually. This is because the endogenous variable that appears as an explanatory variable in another equation may be correlated with the stochastic error term of that equation. This violates one of the critical assumptions of OLS that the explanatory variable be either fixed, or nonrandom, or if random, that it be uncorrelated with the error term. Because of this, if we use OLS, the estimates we obtain will be biased as well as inconsistent. Besides the simultaneity problem, a simultaneous equation model may have an identification problem. An identification problem means we cannot uniquely estimate the values of the parameters of an equation. Therefore, before we estimate a simultaneous equation model, we must find out if an equation in  such a model is identified. One cumbersome method of finding out whether an equation is identified is to obtain the reduced form equations of the model. A reduced form equation expresses a dependent (or endogenous) variable solely as a function of exogenous, or predetermined, variables, that is, variables whose values are determined outside the model. If there is a one-to-one correspondence between the reduced form coefficients and the coefficients of the original equation, then the original equation is identified. A shortcut to determining identification is via the order condition of identification. The order condition counts the number of equations in the model and the number of variables in the model (both endogenous and exogenous). Then, based on whether some variables are excluded from an equation but included in other equations of the model, the order condition decides whether an equation in the model is underidentified, exactly identified, or overidentified. An equation in a model is underidentified if we cannot estimate the values of the parameters of that equation. If we can obtain unique values of parameters of an equation, that equation is said to be exactly identified. If, on the other hand, the estimates of one or more parameters of an equation are not unique in the sense that there is more than one value of some parameters, that equation is said to be overidentified. If an equation is underidentified, it is a dead-end case. There is not much we can do, short of changing the specification of the model (i.e., developing another model). If an equation is exactly identified, we can estimate it by the method of indirect least squares (ILS). ILS is a two-step procedure. In step 1, we apply OLS to the reduced form equations of the model, and then we retrieve the original structural coefficients from the reduced form coefficients. ILS estimators are consistent; that is, as the sample size increases indefinitely, the estimators converge to their true values. The parameters of the overidentified equation can be estimated by the method of two-stage least squares (2SLS). The basic idea behind 2SLS is to replace the explanatory variable that is correlated with the error term of the equation in which that variable appears by a variable that is not so correlated. Such a variable is called a proxy, or instrumental, variable.2SLS estimators, like the ILS estimators, are consistent estimators. 12) Selected Topics in Single Equation Regression Models In this chapter we discussed several topics of considerable practical importance. The first topic we discussed was dynamic modeling, in which time or lag explicitly enters into the analysis. In such models the current value of the dependent variable depends upon one or more lagged values of the explanatory variable(s). This dependence can be due to psychological, technological, or institutional reasons. These models are generally known as distributed lag models. Although the inclusion of one or more lagged terms of an explanatory variable does not violate any of the standard CLRM assumptions, the estimation of such models by the usual OLS method is generally not recommended because of the problem of multicollinearity and the fact that every additional coefficient estimated means a loss of degrees of freedom. Therefore, such models are usually estimated by imposing some restrictions on the parameters of the models (e.g., the values of the various lagged coefficients decline from the f irst coefficient onward). This is the approach adopted by the Koyck, the adaptive expectations, and the partial, or stock, adjustment models. A unique feature of all these models is that they replace all lagged values of the explanatory variable by a single lagged value of the dependent variable. Because of the presence of the lagged value of the dependent variable among explanatory variables, the resulting model is called an autoregressive model. Although autoregressive models achieve economy in the estimation of distributed lag coefficients, they are not free from statistical problems. In particular, we have to guard against the possibility of autocorrelation in the error term because in the presence of autocorrelation and the lagged dependent variable as an explanatory variable, the OLS estimators are biased as well as inconsistent. In discussing the dynamic models, we pointed out how they help us to assess the short- and long-run impact of an explanatory variable on the dependent variable. The next topic we discussed related to the phenomenon of spurious, or nonsense, regression. Spurious regression arises when we regress a nonstationary random variable on one or more nonstationary random variables. A time series is said to be (weakly) stationary, if its mean, variance, and covariances at various lags are not time dependent. To find out whether a time series is stationary, we can use the unit root test. If the unit root test (or other tests) shows that the time series of interest is stationary,  then the regression based on such time series may not be spurious. We also introduced the concept of cointegration. Two or more time series are said to be cointegrated if there is a stable, long-term relationship between the two even though individually each may be nonstationary. If this is the case, regression involving such time series may not be spurious. Next we introduced the random walk model, with or without drift. Several financial time series are found to follow a random walk; that is, they are nonstationary either in their mean value or their variance or both. Variables with these characteristics are said to follow stochastic trends. Stock prices are a prime example of a random walk. It is hard to tell what the price of a stock will be tomorrow just by knowing its price today. The best guess about tomorrow’s price is today’s price plus or minus a random error term (or shock, as it is called). If we could predict tomorrow’s price fairly accurately, we would all be millionaires! The next topic we discussed in this chapter was the dummy dependent variable, where the dependent variable can take values of either 1 or 0. Although such models can be estimated by OLS, in which case they are called linear probability models (LPM), this is not the recommended procedure since probabilities estimated from such models can sometimes be negative or greater than 1. Therefore, such models are usually estimated by the logit or probit procedures. In this chapter we illustrated the logit model with concrete examples. Thanks to excellent computer packages, estimation of logit and probit models is no longer a mysterious or forbidding task.

Complex Stakeholder Relationships Essay Example | Topics and Well Written Essays - 2500 words

Complex Stakeholder Relationships - Essay Example The researcher states that the main three stakeholders of the London 2012 Olympics include the BOA (British Olympic Association), Mayor of London and the Government. Other stakeholders are DCMS (The Department for Culture, Media and Sports), Olympic Park Legacy Company and Paralympics GB. Discussion with the stakeholders had revealed that there is a spatial variation between the stakeholders with respect to the plan and expectations of the Olympics. But all the stakeholders agreed to a point that the integration of the Park within the surrounding areas was crucial to the success of the Olympics. Some of the concerned which was raised by some of the stakeholders were with respect to the LMF process which should not be just about the Olympic Park but also on a wider LLV (Lower Lea Valley) area. The fringe was the priority which should surround the Olympic park but there were some concerns that fringe would be the second stage area which would generate a higher economic return. The stak eholders also expressed mixed views on the opportunity that the game would provide for the East London and LLV. Some stakeholders said that Olympics can be used as a hook in order to raise aspiration which would, in turn, improve the quality of life of the people and the also increase the employment opportunities. But experiences from the previous cities which have hosted the Olympics, however, do not provide a strong support for the statement but the stakeholders believe that the event can potentially be used as one of the core mechanism for raising aspiration as well as mobilizing the communities. Some of the stakeholders though and viewed that a careful balance was essentially required between opportunities to maximize it and of expectation. Some of the stakeholders stressed the importance of engaging the private sector in Olympics legacies whereas other argued that the worst scenario of the private sector is that the public sector alone would decide upon the vision of the event but the stakeholders were of the view that the private sector would play a key role in the planning of the park and also of LLV

Tourism impacts and sustainability Essay Example | Topics and Well Written Essays - 2500 words

Tourism impacts and sustainability - Essay Example According to the journal Tourism by Tourism Alliance, the impacts of tourism activities are innumerable. The effects of tourism comprises of the social, cultural, political, and economic. The United Kingdom has put prudent strategies to address the possible adverse impacts of tourism. This is in the light that tourism can disrupt environment, culture, and economy in the regions of its occurrence. The principal aim of sustainable tourism is to maximise the positive development and experience of the people where it takes place. To achieve tourism sustainability, this calls for managers and all the stakeholders to cooperate. The result is to streamline the tourism industry for maximum benefit of tourism industry (Tourism Alliance, 2010:3). This paper will endeavour to examine the impact of tourism and its sustainability. The paper will achieve this objective through looking at a number of studies in academic journals. According to ADAS report, tourism contributes to the growth of econom y of the United Kingdom. The department for environment, Food, and Rural Affairs in conjunction with Tourism Company and ADAS did a research on the trends of tourism in the year 2007. The research was seeking to find evidence, trends, and performance in the tourism industry. ... Moreover, the report portrays that the United Kingdom spends many funds on global tourism (Defra, 2007:5). The ADAS research further reveals that the ever-growing air transport has facilitated the growth of tourism. The findings allude that in the United Kingdom is one of the biggest earners from the international tourism. The report shows that in the year 2005, the United Kingdom ranked fifth in the rank of the largest nation with highest incomes from tourism. On the aspect of adverse effects of tourism on environment, the ADAS research does not find any connection to link tourism with ecological degradation. This is an allusion that tourists’ activities do not have any adverse effects on the environment (Defra 2007:8). Haley, Snaith, and Miller’s research presented in their journal asserts that a smooth interaction of tourists and local communities is important for sustainable tourism. This is from their case study at Bath in the United Kingdom in 2004. The main inten tion of the study was determine the perception of the people of Bath towards tourism. Using a sample of people and longitudinal and comparative data collection, the report indicates that people support tourism development in Bath. The findings of this research demonstrate that tourism does not have any adverse effects to the social settings in the United Kingdom. There research highlights that the residents of Bath embrace tourists’ activities and development. According to the research, some of the factors that accounts for the support of Bath for tourists destination include low incomes. The people of Bath encourage tourists’ activities as a source of income. This is because of the benefits they obtain from tourists activities. Much of the findings in this study indicate that

Operations management Assignment Example | Topics and Well Written Essays - 3000 words - 2

Operations management - Assignment Example In addition, the London Ritz hotel through their annual service quality week awards the best employee mostly through customer’s votes. The organization does its best in terms of service delivery to the customers because they believe in culture of employee satisfaction who later sells the same to customers in building the organizational reputation. The Ritz hotel in London is popular around the world due to its remorseful as a tourist attraction center. It is featured amongst the top most tourism profitable organizations in the whole world, generating invisible returns to London and the United Kingdom as a whole. For sustainable economic development of this institution, the management of Ritz hotel has continuously done its best to improve the level of professionalism and quality management in its services by ensuring that the customers’ demands are met and the institution remains the most competitive in the service industry sector (Bamford and Forrester 2010). Moreover, The Ritz hotel does its best to ensure that all its employees and practitioners receives recognition and high level of benefits in terms of ethical conduct since any practices of the stakeholders may subject the business to lose the reputation it has built over a long period of time thus leading to a downfall in returns. THESIS: This report is developed to determine the operation management strategies that the Ritz Hotel in London has adopted to remain competitive in the market. At the Ritz hotel inventory and assets, management is considered as one of the most important areas that requires keen management personnel. This is because the hotel spends a lot of money to purchase food items, the utensils and sanitaries, which are the commonly used items. Therefore, the hotel has put in place enough measures that ensure that competitive assets management system

Chinese and Filipino American History in America Essay

Chinese and Filipino American History in America - Essay Example Both Chinese and Filipino immigrants followed different paths but faced similar hardships when coming to America. They also had their own unique experiences. Chinese sailors arrived in Hawaii in 1778 where many settled and married Hawaiian women. Immigration continued into the 19th and 20th century as additional Chinese and Filipino workers were brought in to work on the sugar and pineapple plantations. The mid-1800s saw a surge in Asian immigration as many were brought in to work in California. Along with this surge in Asian immigration came a growing discrimination, anti-Chinese activism, and a fear called yellow peril. A relatively large group of Chinese came to the United States beginning in 1849, the start of the California gold rush. They stayed on and increased in numbers to work on the Transcontinental Railroad. Their work ethic is best described by Mary Cone writing in 1876 when she says they were, "[...] far more earnest and faithful than any other miners. [...] [T]hey enjoy the universal reputation of conscientious fidelity" (as cited in Mary Cone, 2003). However, when the economy faltered in 1870 the loss of jobs and competition for scarce jobs brought, "dislike and even racial suspicion and hatred. Such feelings were accompanied by anti-Chinese riots and pressure, especially in California, for the exclusion of Chinese immigrants from the United States" (Chinese immigration, 2004). During this period, a political party called The Workingman's Party was started in San Francisco with the slogan, "The Chinese Must Go" (The workingmen's party). This political pressure resulted in the Chinese Exclusion Act of 1882, which virtually ended Chinese immigration for over a century. With the loss of employment and mounting discrimination, the Chinese moved to a safe sanctuary in San Francisco that would later become known as Chinatown. In this neighborhood, they were able to provide a close knit social structure and offer community support to families and each other. It also allowed them to organize into a political faction that opposed anti-Chinese laws. Here, the Chinese community has maintained the Chinese values and cultural traditions and has developed a thriving Asian-American community inside San Francisco. Though the Filipinos took a different route to their American destination, their experiences and challenges were similar to the Chinese. The first permanent settlement of Filipinos was in the marshlands of Louisiana in 1763 as sailors escaped Spanish ships to escape their brutal treatment (Claudio-Perez, 1998). Steady immigration continued into the west coast throughout the 19th century, but the largest wave came between 1924 and 1935 when more than 100,000 Filipinos flooded into America to work in the booming agricultural business (Asian Pacific American studies, 2005). Filipinos settled mostly in large West Coast cities such as San Francisco and Seattle where the ships from Manila would land (Bautista, 2002). Most of them worked in the fields of California and Washington harvesting seasonal crops. In general, they were a migrant group that followed the crops through the seasons, and only settled for short periods in near ghetto conditions of 'Little Manilas". During the season, the population of the Little Manila in Seattle would shrink to a few hundred people, but in the winter it would be home for 3,500 occupants (Bautista, 2002). Here they would be located near the center of vice and entertainment. Because

Project work of a British company profile Essay

Project work of a British company profile - Essay Example The first store to be opened was in 1929 in Burnt Oak, and the first self service store was later opened in St Albans in 1956 making it the first and self service which was operational up to 2010. Due to the need to expand and the customers and products being congested, the management saw the need to relocate to a larger premise on the same street. During 1950s, Tesco grew bigger and the management started to expand more thus acquiring more than 800 stores in London (Simms, 2007). For example, in 1957 the company bought 70 Williamsons stores, in 1959 other 200 Harrow stores outlet stores were opened and in 1960, 212 Irwin stores among others. The motto of the business was to pile it high and sell it cheap and this made the customers to flock in the supermarket. The company kept on expanding and in 1995, Tesco introduced a loyalty card and later in the same year an internet shopping services were also available for the customers. In 2006, Tesco announced the need to move into United S tates making sure that grocery stores were opened in the western states making it to have an idea to expand globally. The main section that Tesco usually deals with is Tesco Superstores. This is a supermarket that is stocked with groceries and other non food goods and the stores are normally branded as Tesco. The supermarket usually deals with groceries and the store first operated in Liverpool. Tesco express to provide food stuffs to the customers and shopping is done at Tesco express and later the food stuffs are packed. The stores are found in busy districts and in residential areas where the customers get access to the products (Nash, 2006). Tesco Extra stores are hypermarkets that provide all kind of product ranges. These are largest supermarkets and they are stocked with food, clothing, electronic gargets and entertainment systems. The hypermarket is usually on two floors to make sure that all range of products is available

BUS 305 Ethics Case Study Essay Example | Topics and Well Written Essays - 500 words

BUS 305 Ethics Case Study - Essay Example The most common reason given by those who were caught fabricating data were the extreme pressure to complete the research either to keep with the expectation of supervisor, to meet a deadline, to get an article published and keep with the competition in the scientific community. The end user of a scientific study will be the one who will harmed by a study with a fabricated data. This could be more damaging if such study were also used by other scientists to build their study on because they are being fed with data that lacks scientific integrity. Students and researchers are also being harmed by a study with a fabricated data because they are basically studying an unproven scientific study due to its fraudulent methodology. Actual does not have to occur for a scientific study to be considered ethically wrong. The mere fact that it fabricated data, the research is no longer considered scientific because it violated the ethos of a research that makes a study scientific. In short, lying, whether it caused harm or not is always ethically wrong. Ultimately, any research is aimed to better society and the general public. The general public consumes scientific research to educate itself, to widen its horizon and to ultimately better itself. When that general public is being fed with information which claims to be scientific but in fact is not, then there is a big problem because the public are studying things to better itself which do not have scientific integrity. Thus, it is important that a scientific research is done ethically not only for the sake of being religious to its methodology, but also in consideration to the general public who will take such study as scientific

Entrepreneurship Assignment Example | Topics and Well Written Essays - 3000 words - 1

Entrepreneurship - Assignment Example There are several applications that can provide a better outlook while ensuring that there is the ability to receive better alternatives with the competition. By working with a consultant, there is the ability to analyze and identify the problems which are occurring in a business as well as change several aspects to ensure that easier functioning occurs. When looking at the situation with News 4 U, it can be seen that alterations in the main system will also assist with a higher profit, ability to grow substantially and will help with alternatives in the business and the needs that are associated with this. 1.1 Company Background ‘News4u’ is a family newsagent business which was established in 2006 by Tanveer Ahmed. The independent sole trader is located in Southbridge of Edinburgh. There are four members of staff to help to run the business and to help assist with the store who are all members within the family, ‘News4u’ is open daily for fourteen hours bet ween the hours of 8-10pm. The newsagents provides to their customers daily products such as News papers, cigarettes, juice, crisps, stationary and a wide variety of Scottish Souvenirs. 1.2 Problem Background There are two areas that are continuing to provide complexities with â€Å"News 4 U† one which is based on the internal environment, and one which is based on the outcome from the external environment. The internal environment is currently having issues with the staff, specifically because of the small size of the business. There isn’t the ability to keep enough staff available for continuous shopping and to meet the demands of those that are in the store. This has created complexities in keeping the shop open for a longer period of time and is not allowing customers to receive the necessary support. Parallel to this problem are also issues with the paper work, which is currently out of date, and doesn’t provide a systematic way for employees and those overl ooking the business to keep up with the changes being made in the store. The second level of problems is based on the return from customers as well as the inability to keep up with competitors who are offering similar alternatives. Promotional deals are not providing the right alternatives for those working within the store. There are also difficulties with customers that are shopping in the store, specifically because of a lack of space that is available and a layout which is not conducive to seeing the variety of items which are available. By examining these aspects, there will be the ability to change the way in which the News 4 U works and to make the return more effective from customers and into relation to the competition. 2.0 Problem Exposition When looking at the particular problems with News 4 U, it can be seen that there needs to be an alteration first in the internal environment while connecting this to more efficient means with the external

A Spatial Median Filter for Noise Removal in Digital Images Essay Example for Free

A Spatial Median Filter for Noise Removal in Digital Images Essay With each snap of a digital photograph, a signal is transmitted from photon sensor to a memory chip embedded inside a camera. Transmission technology is prone to a degree of error, and noise is added to each photograph. Signi? cant work has been done in both hardware and software to improve the signal-to-noise ratio in digital photography. In software, a smoothing ? lter is used to remove noise from an image. Each pixel is represented by three scalar values representing the red, green, and blue chromatic intensities. At each pixel studied, a smoothing ? lter takes into account the surrounding pixels to derive a more accurate version of this pixel. By taking neighboring pixels into consideration, extreme â€Å"noisy† pixels can be replaced. However, outlier pixels may represent uncorrupted ? ne details, which may be lost due to the smoothing process. This paper examines four common smoothing algorithms and introduces a new smoothing algorithm. These algorithms can be applied to one-dimensional as well as two-dimensional signals. Figure 1. Examples of common ? ltering approaches. (a) Original Image (b) Mean Filtering (c) Median Filtering (d) Root Signal of Median Filtering (e) Component wise Median Filtering (f) Vector Median Filtering. The simplest of these algorithms is the Mean Filter as de? ned in (1). The Mean Filter is a linear ? lter which uses a mask over each pixel in the signal. Each of the components of the pixels which fall under the mask are averaged together to form a single pixel. This new pixel is then used to replace the pixel in the signal studied. The Mean Filter is poor at maintaining edges within the image. 1 N ? xi N i=1 MEANFILT ER(x1 , , xN ) = (1) The use of the median in signal processing was ? rst introduced by J. W. Tukey [1]. When ? ltering using the Simple Median Filter, an original pixel and the resulting ? ltered pixel of the sample studied are sometimes the same pixel. A pixel that does not change due to ? ltering is known as the root of the mask. It can be shown that after suf? cient iterations of median ? ltering, every signal converges to a root signal [2]. The Component Median Filter, de? ned in (3), also relies on the statistical median concept. In the Simple Median Filter, each point in the signal is converted to a single magnitude. In the Component Median Filter each scalar component is treated independently. A ? lter mask is placed over a point in the signal. For each component of each point under the mask, a single median component is determined. These components are then combined to form a new point, which is then used to represent the point in the signal studied. When working with color images, however, this ? lter regularly outperforms the Simple Median Filter. When noise affects a point in a grayscale image, the result is called â€Å"salt and pepper† noise. In color images, this property of â€Å"salt and pepper† noise is typical of noise models where only one scalar value of a point is affected.

Business Plan For New Retail Store In Tripura Marketing Essay

Business Plan For New Retail Store In Tripura Marketing Essay .The Indian retail industry is the fifth largest in the world. Comprising of organized and unorganized sectors, India retail industry is one of the fastest growing industries in India, especially over the last few years. Though initially, the retail industry in India was mostly unorganized, however with the change of tastes and preferences of the consumers, the industry is getting more popular these days and getting organized as well. With growing market demand, the industry is expected to grow at a pace of 25-30% annually. The India retail industry is expected to grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000 crore by the year 2010. Environmental and economic scanning of Tripura Retail store format :-Convenience stores Store name:- Public point As we are planning to open retail store in the Dhalai District of Tripura as per the environmental and economic scanning is concerned of Tripura. The cities selected for the opening of the store are Dhalai District This district of Tripura is selected as this city is well developed in the terms of Infrastructure Income of the people are high Densely populated Better standard of living Economically sound Have developed urban market structure Socio political stability as the city selected in the Tripura for the opening of store is as free from any political barrier and social barrier as the opening of the store is as per the government policies and for the society. Thus to launch the store Tripura is selected and as per the format of the store the city is selected Dhalai city. Mission statement Our mission is to meet the present and future needs of our customers, employees and communities through a commitment to integrity, sound business, and cooperative growth. Objectives To implement a local campaign with the Companys targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertising. To maintain large signage on the Convenience Stores premises to further increase visibility for the Companys location. About:- General Description Public point is a convenience retail store that provide such as candy, ice-cream, soft drinks, lottery tickets, cigarettes and other tobacco products, newspapers and magazines, along with a selection of processed food and perhaps some groceries. by providing maximum convenience, values and satisfaction to customers. Future We plan to expand the PP stores in various districts of Tripura  · North Tripura district  · South Tripura district  · West Tripura district  · Tripura Tribal Areas Autonomous District Council Product services Alternative Snacks Ice Automotive Products Liquor Bait and Tackle Lottery/Gaming Beer Nonedible Grocery Candy Other Dairy Cigarettes Other Tobacco Cold Dispensed Beverages Packaged Beverages (Non-Alcohol) Edible Grocery Packaged Bread Fishing Licenses Packaged Ice Cream/Novelties Fluid Milk Products Packaged Sandwich/Deli Products Food Service Packaged Sweet Snacks Frozen Foods Perishable Grocery General Merchandise Publications Health and Beauty Care Salty Snacks Homemade Food Items Store Services Hot Dispensed Beverages Wine Services In house services like credit cashing, customer services E retailing Customization Online transaction Delivering Easy billing counters Marketing Plan Grocery and Restaurant Segment-To build name recognition and to announce the entry of the Store, we will offer a mail package consisting of a tri-fold brochure containing a coupon for a free cup of coffee to welcome our new customers. From those identified local residential customers we shall ask them to complete a survey and ask them of their perception of the store, any specific product or food items that they would like to see, etc. Those customers returning completed surveys would receive a gift or discount. Local Carryout Food Products-Local newspapers for advertising to build name recognition and to announce any weekly or monthly food specials will be introduced. The Store will develop a one-page menu/newsletter to be handed out to customers to take home with them as they visit the store. The menu/newsletter can be used to update clients on pricing and food special promotional developments, but also serves as a reminder of what sets the Store apart-homemade quality and freshness. The newsletter would contain fishing area hot spot information and other tips. The menu/ newsletter can be produced in-house and for the cost of paper and computer time. Publicity and Public Relations-A news release will be sent to area newspapers and magazines announcing the launch of the Public point. Becoming a sponsor in a community event is a low-cost way of increasing awareness and building goodwill in the community. Customer Reward Program-For the carryout customer and as a means of building business by word-of-mouth, present customers should be encouraged and rewarded as repeat customers. This can be accomplished by offering a free lunch meal, by raffle of a weekly customer business card or name slip as a means to generate excitement. Advertising-Advertising is utilized primarily to attract new customers. It also serves to build awareness and name recognition of the company in general-important for word-of-mouth referrals (Oh yes, Ive seen their ads before). Market Analysis Forces and trends in the market environment affect the Public point, like all businesses. These include economic, competitive, technology, and recordkeeping issues. Economic Environment-Positive forces include the generally prosperous economy that is currently in place, full employment, rising wages and low inflation, leading more people and businesses to be willing to purchase prepared foods rather than preparing meal from scratch at home. Competitive analysis the competitor analyzed in the field are street convenience stores, etc .Thus all the strategy made for promotion and pricing should be as per the competitors. Technology and Recordkeeping Environment-Use of computerized scales and cash registers will capture and generate accounting/inventory detail. Computer programs greatly simplify the financial recordkeeping and tax preparation with which all businesses must comply. Operational plan Positioning and Product Strategy: The Store will aim to attract area resident and lake enthusiasts who need convenience food items or personal health staples, carryout food items, and tackle/bait needs. Distribution Strategy: Customers can contact the Store by telephone, fax, and by dropping in. The Stores nearest competitors are five miles around the lake in either direction. The store can stock request items for regular area residents. Demographic features(to know about the potential customer in that area, metropolitan statistical area) Competition(to know about the competitors and how they far from my retail store) Strategic fit(to must know about the preferences and tastes of potential customer) No. of small shops in that area Economy of scale SUPPLY CHAIN MANAGEMENT FOR THE RETAIL STORE Store management chart Financial Plan Requirement There is a need of 1 crore to get our business started. If customer footing is good, products and services according to customer preference and tastes then we will plan to open new convenience stores in various districts of Tripura. Use of fund Funds will be used to pay renovation,construction,sales counter,painting,carpeting,lighting,dà ©cor display fixtures.we will also purchase inventory , cash register and computer equipments and also an inventory management systemThe remainder of the start up fund will be utilised to cover operating expenses such as rent,utility,marketing cost and wages. Capital Summary Overview (in lakhs) Land, Building, and Improvements 20 Equipment Installation Expenses 20 Development Expense (detail below) 51 First Quarter Working Capital (Mortgage, labor, and operating expense) 2 Total 93 Lakhs *Developmental Start-Up Expenses Detail Marketing, Advertising, and Promotion 6 Accounting 2 Permitting Legal and Consulting 10 Association Dues Office Expense Start-Up .50 Engineering and Architect Fees 1.5 Bags and Supplies .5 Beginning Inventory 30 Unforeseen Contingency .5 Total Owners Equity Contribution to Date $54,675

The Soliloquies of Shakespeares Hamlet - To be or not to be Soliloquy :: GCSE English Literature Coursework

Hamlet --   â€Å"To be or not to be† Soliloquy      Ã‚   When the Bard of Avon created Hamlet, he simultaneously created the famous soliloquy ever uttered by English-speaking men. Thus it is that literary critics rank Hamlet’s fourth soliloquy as the most notable ever penned. Let’s examine in this essay how such a high ranking is deserved, and what the soliloquy means.    In his essay â€Å"An Explication of the Player’s Speech,† Harry Levin refers to the fourth soliloquy as the most famous of them all:    Dwelling on gross details and imperfections of the flesh (â€Å"Eyes without feeling, feeling without sight†), Hamlet will admonish his mother that sense-perception is dulled by sensual indulgence. Here insensibility is communicated by a rhetorical assault upon the senses: primarily â€Å"the very faculties of eyes and ears,† but incidentally touch and even taste. Leaving the senseless Priam to the insensate Pyrrhus, after another hiatus of half a line (37), the speech addresses violent objurgations to the bitch-goddess Fortune, about whom Hamlet   has lately cracked ribald jokes with Rosencrantz and Guildenstern; whose buffets and rewards he prizes Horatio for suffering with equanimity; against whom he will, in the most famous of all soliloquies [my italics], be tempted to take arms. (36)    Marchette Chute in â€Å"The Story Told in Hamlet† describes just how close the hero is to suicide while reciting his most famous soliloquy:      Hamlet enters, desperate enough by this time to be thinking of suicide. It seems to him that it would be such a sure way of escape from torment, just to cease existing, and he gives the famous speech on suicide that has never been worn thin by repetition. â€Å"To be, or not to be . . .† It would be easy to stop living.    To die, to sleep; No more. And by a sleep to say we end The heartache and the thousand natural shocks That flesh is heir to . . .    But Hamlet has never succeeded in deceiving himself, and he cannot do so now. . . . [He] will not . . . be able to kill himself. He has thought too much about it to be able to take any action. (39)    Considering the context of this most notable soliloquy, the speech appears to be a reaction from the determination which ended the â€Å"rogue and peasant slave† soliloquy. In fact, in the Quarto of 1603 the â€Å"To be† speech comes BEFORE the players’ scene and the nunnery scene – and is thus more logically positioned to show its emotional connection to the previous soliloquy (Nevo 46).

A Voice From The South Essay examples -- essays research papers

Anna J. Cooper – A Voice from the South   Ã‚  Ã‚  Ã‚  Ã‚  In her book, A Voice from the South, Anna J. Cooper expressly addresses two issues: the participation of women in American society and America’s race problem. These are two issues very close to Cooper as an African American woman herself and she claims to speak for all African American women on these points. She argues that for America to be a truly democratic country that has freedoms for all people, it must have participation by women and blacks.   Ã‚  Ã‚  Ã‚  Ã‚  The first half of her book is concerned with the role of women in society. She compares a healthy family structure to a democratic society. In both cases, men and women have distinct roles they must fulfill in order to create a balanced, healthy environment. Since political participation for women was limited at the time of Cooper’s writing, she argued that not only were women suffering, but so was all of society. She argued that women’s sensitivity to emotion and intuition and their nurturing nature would balance out society that was controlled by aggressive and reason-oriented men. She argues that men and women are equals but their responsibilities to society are distinctive.   Ã‚  Ã‚  Ã‚  Ã‚  In the second half of her book, Cooper addresses America’s race problem. She argues that, yes, there is a problem concerning race in America and the only way that it will eventually be solved is by the power and grace of God. U...

Essay --

Expression System: Combination of host and expression vector and its DNA clone, induce the function of foreign gene within host cell that yield proteins in larger amount in called as expression system. pET Expression System: pET is a vector that is used for cloning of desired proteins within host cell. Introduction: pET expression system is widely used method for cloning for creation of No. of clones for most wanted proteins. For this purpose expression vector or recombinant vector is introduced within host cell. This recombinant vector carry all gene essential for manufacturing of proteins, having promoter suitable for host cell, it also carry terminal sequence for transcription, and also have ribosome binding sites. One pET expression system was introduced by W.F. Studies and B.A. Moffatt in 1986 that was expression system of T7 polymerase. Two methods were used for stability of T4 RNA polymerase. One of the method uses lambda bacteriophage for induction of coding gene for T4 RNA polymerase and another method involved in direct insertion of gene within chromosome. It is most used method due to production of proteins in large quantity, that present in T7 promoter and have only binding sites for RNA polymerase. (Moffatt. B.A, et. al. 1986) Control of levels of Basal Expression: There are six vector-host unions that are produced by pET expression system. These are essential because only one condition is unfavorable for protein that are targeted. (Resenberg. A.H, et. al. 1987) Host Strains: In non-expression host, after production of plasmids, they are interconverted into T7 polymerase gene (ÃŽ »DE3 lysogen) that carry host to express target protein. The lac UV5 promoter control the gene of T7 RNA polymerase in ... ...ide bond in cytoplasm is induced by strains of OrigamiTM. Rapid: †¢ System that uses E.coli gives results rapidly. †¢ Other vectors provide appropriate restriction sites that are used for subcloning. †¢ Targeted proteins are purified in single step, methods that contain no antibody are selected. Versatile: †¢ Fusion tags of N-Terminal and C-terminal are preferred to purify, purify and locate. †¢ Replication originated at f1 in sequencing and mutagenesis. †¢ Sites for multiple cloning are of wide range. Complete: †¢ Number of useful products †¢ Various shapes of systems. (Imotaka. H. et. al. 2009) Collusion: It is concluded that pET expression system is helpful in synthesizing of proteins. It induce transcription as well as translation. pET vector inserted within host cell carry desired gene to be cloned. pET expression system help in cloning of desirable gene or product.

World Life Ooo

Key events of World War 2 WW2 started September 1, 1939 and ended September 2, 1945 Leaders of the Allies were Joseph Stalin, Franklin D. Roosevelt and Winston Churchill Leaders of the Axis were Adolf Hitler, Emperor Hirohito and Benito Mussolini 1 September 1939 – Hitler invades Poland 3 September – Britain and France declare war on Germany September 5, 1939 – United States proclaims its neutrality September 10, 1939 – Canada declares war on Germany November 1939 – The Winter war begins. A military conflict between the Soviet Union and Finland) The Phoney War: The Phoney War of WW2 was period of limited military activity in Europe following the invasion of Poland in September 1939 and before the Battle of France in May 1940 March 12, 1940 -The Winter war ends. April 9, 1940 – Germany invades Denmark and Norway May 10, 1940 – Hitler launched Blitzkrieg against Belgium, France, Holland and Luxemburg May 15, 1940 – Holland surrend ers May 27, 1940 Evacuation of British and French forces to Britain at Dunkirk begins May 28, 1940 – Belgium surrendersJune 3, 1940 – More than 300,00 British Expeditionary Force evacuated from Dunkirk June 10, 1940 – Italy declares war on Britain and France June 10, 1940 – Norway surrenders Jun 14, 1940 – France signs Armistice agreement with Germany July 1, 1940 – Germany invades the British Channel Islands July 10, 1940 – The Battle of Britain begins August 23, 1940 – First German air raids on London August 25, 1940 – First British air raid on Berlin September 13, 1940 – Italy invades Egypt September 15, 1940 – Victory for the RAF in the Battle of Britain September 27, 1940 – Germany, Italy and Japan become AlliesOctober 28, 1940 – Italy invades Greece and Albania November 20, 1940 – Hungary and Romania joins the Axis March 7, 1941 – British forces arrive in Greece April 6, 19 41 – Germany invades Greece and Yugoslavia April 17, 1941 – Yugoslavia surrenders to Germany April 27, 1941 – Greece surrenders to Germany June 22, 1941 – Germany attacks Soviet Union as Operation Barbarossa begins July 31, 1941 – Instructions given by Hitler and Goring to prepare for the Final Solution. (The plan to murder the millions of European jews. September 15, 1941 The long German siege of Leningrad begins October 2, 1941 – Operation Typhoon begins and the Germans advance on Moscow 7 December, 1941 – Japan makes a surprise attack on the American naval base at Pearl Harbor in Hawaii. December 8, 1941 – The United States declares war on the Axis powers. January 26, 1942 – First American forces arrive in Great Britain June, 1942 – Mass murders of Jewish people at Auschwitz begins August 22nd – Brazil declares war on Germany and Italy October 23, 1942 – Battle of El Alamein beginsNovember 8, 1942 – Operation Torch begins (U. S. invasion of North Africa). February 2, 1943 – Surrender at Stalingrad marks Germany's first major defeat May 13, 1943 – German and Italian troops surrender in North Africa. September 8, 1943 – Italy surrenders to the Allies October 13, 1943 – Italy declares war on Germany January 27, 1944 – End of siege of Leningrad July 20, 1944 – German assassination attempt on Hitler fails August 15, 1944 – Operation Dragoon begins August 25, 1944 – Paris is liberated October 14, 1944 – Athens liberated. Rommel commits suicideNovember 4, 1944 – Greece is liberated December 16, 1944 – German attack through Ardennes – Battle of the Bulge begins January 1, 1945 – Germans withdraw from Ardennes April 30, 1945 – Adolph Hitler commits suicide May 8, 1945 – Victory in Europe. Germany surrenders. The war in Europe ends August 6: The United States drops atomic bo mb on Hiroshima (killed 80,000) August 8: Russia declares war on Japan August 9: The United States drops atomic bomb on Nagasaki in Japan (killed 70,000) August 14 : The Japanese surrender at the end of WW2 September 2, 1945 – WW2 officialy ends

Occupational Safety and Health

CT301 Understand Health and Safety in Social Care Settings ? ? ? ? ? ? ? 3. 3 Reasons may include: To comply with health and safety legislation, To preserve life, To minimise the consequences of injury and illness, To treat injuries and illnesses effectively. 4. 1 Routes of infection may include: Blood circulation, Digestive, Respiratory, Body fluids. 4. 2 Own health or hygiene might pose a risk by e. g. : Causing a serious infection, Causing illness, Causing fatalities. 4. 3 Method may include: Using soap, Using running water, Using hot water, Thoroughly, Frequently,Rubbing palms and interlacing fingers, After every contact with an individual, body fluids or tasks. 4. 4 Personal protective equipment – refers to any protective equipment or clothing that an employer must provide where risks have been identified. This may include: Gloves, Aprons, Masks, Hair nets. When to use may include: During personal care, Handling waste, A change of activity, To protect the carer, To protec t the individual. 5. 1 Current legislation may include: Manual handling Operations Regulations, Health & Safety at Work Act. 5. 2 Principles may include: Avoiding hazardous manual handling,Conducting a full risk assessment of load, task, environment and individual, Reporting immediately any difficulties, Adhering to agreed working practices, Using equipment correctly. 5. 3 Reasons may include: To comply with legislation, To minimise injury to individual, self or others, To safeguard own and others health and safety, To apply agreed working practices, To use equipment correctly. Disposing of food may include: Wiping all spillages quickly, Ensuring all left over food is disposed of quickly, Ensuring bins are emptied frequently. 11. 3 Common hazards could be:Not cooking/heating food until piping hot, Re-heating food more than once, Using food that has passed its use-by date, Not following correct thawing instructions for food, Contamination through different foods spilling onto each ot her. 1. 1 Current legislation and subsequent amendments may include: Health & Safety at Work Act, The Management of Health & Safety Work Regulations, Control of Substances Hazardous to Health Regulations (COSHH), Manual Handling Operations Regulations, The Reporting of Injuries, Diseases and Dangerous Occurrences Regulations (RIDDOR), Personal Protective equipment regulations. . 2 Policies and procedures may include agreed ways of working as well as formal policies and procedures Main points may include: The significant risks in relation to the workplace and work tasks, Control measures for hazards, The arrangements for reporting accidents or health problems, The arrangements for first aid, fire and emergencies, Who the key person is for health and safety matters, How health and safety is communicated in the workplace, The arrangements to protect others. Individual refers to someone requiring care or support. 1. Responsibilities of the social care worker may include: To take reasona ble care for own and others’ health and safety, To report to employer potential and actual hazards and risks, To take part in health and safety training, To understand and comply with health and safety instructions and procedures. Responsibilities of the employer or manager may include: To provide a safe place of work, To assess risks and take action to reduce them, To provide information, instruction, training and supervision, To provide safety signs, To provide adequate welfare and first aid facilities.Responsibilities of individuals may include: To understand and comply with health and safety instructions and procedures, To take reasonable care for own and others’ health and safety. 1. 4 Tasks that the learner should not carry out without special training may include those relating to: Use of equipment, First aid, Medication, Assisting and moving, Emergency procedures, Food handling and preparation. 1. 5 Accessing additional support and information may include : App ointed person(s) responsible for health and safety, Line manager, Health and safety Executive (HSE),Environmental Health department. 2. 1 Meaning of hazard may include: The potential to cause harm e. g. working practice. Meaning of risk may include: The likelihood of harm occurring e. g. through exposure to a hazard. 2. 2 Using a risk assessment may include: Identifying hazards, Evaluating risks, Taking precautions, Reviewing risks, Reporting and recording outcomes. 2. 3 Reporting potential risks may include: Recording findings on a risk assessment form, Communicating findings immediately to manager/appointed health and safety, representative. When to report potential risks may include:Immediately, When existing control measures are inadequate, When additional control measures are required, When there have been changes to original risk assessment e. g. changes to working practices. 2. 4 Risk assessment can help by e. g. : Making the individual aware of the risks, Making the individu al aware of the responsibilities employees and the employer have, Being used as the basis for safe working arrangements. 3. 1 Accidents may include: Falls, Burns and scalds, Slips and trips, Swallowing a hazardous substance. 3. 2 Sudden Illness may include: Cardiac arrest, Difficulty with breathing,Stroke, Hypoglycaemia, Seizures, Loss of consciousness, Food poisoning. Procedures may include: Recording and reporting of accident or illness with full details, Registered person submitting notification to CQC and HSE, Informing individuals’ next of kin. 6. 1 Reasons may include: To understand individual’s needs and preferences, To meet individual’s needs and preferences, To apply agreed working practices, To move the individual safely and correctly, To minimise injury to individual, self or others. 6. 2 Care Plan – may be known by other names (e. g. support plan, individual plan).It is the document where day-to-day requirements and preferences for care and su pport are detailed. Importance of care plan and fully engaging with individual may include: To understand individual’s needs and preferences, To meet individual’s needs and preferences, To move the individual safely and correctly, To involve individual as an active participant in process, To minimise injury to individual, self or others, As a way of ensuring that move is comfortable for the individual. 7. 1 Hazardous Substances may include: Cleaning materials, Disinfectants, Body fluids, Medication. . 2 Safe practices for storing may include: In correct and labelled containers only, Under correct conditions as per instructions, In a secure area. Safe practices for using may include: Reading instructions on label before using, Not mixing substances together incorrectly, Only using substances if trained to do so, Using PPE as instructed, Reporting any difficulties immediately, Safe practices for disposing may include: Under correct conditions as per instructions, By foll owing disposal workplace procedure. 8. 1 Procedures to prevent fire may include:No smoking, Not having fire doors propped open, Checking appliances are turned off, Checking plugs are switched off, Following a procedure checklist. Procedures to prevent gas leaks may include: Checking appliances are turned off e. g. cooker, fire. Procedures to prevent floods may include: Being aware of how to turn off main water supply, Ensuring taps are turned off after use e. g. bath, sink. Procedures to prevent intruding may include: Being vigilant of security of building i. e. doors, windows, Locking doors and windows, Not giving out key codes to others,Following a procedure checklist. Procedures to prevent security breaches may include: Being vigilant of security of building i. e. doors, windows, Reporting any concerns, Following a procedure checklist. 8. 2 Procedures to follow in event of fire may include: Raise the alarm, Dial 999 or inform health and safety officer/manager immediately, Go to f ire assembly point, Move self and others away from danger area if safe to do. Procedures to follow in event of a gas leak may include: Dial 999 or inform health and safety officer/manager immediately, Do not turn any switches on/off,Go to assembly point, Move self and others away from building immediately, Record incident. Procedures to follow in event of a flood may include: Turn off main water supply, Dial 999 or inform health and safety officer/manager immediately, Do not turn any switches on/off, Go to assembly point, Move self and others away from building immediately, Record incident. Procedures to follow in event of intruding may include: Dial 999 or inform health and safety officer/manager immediately, Move self and others to a safe area if possible, Record incident.Procedures to follow in event of a security breach may include: Dial 999 or inform health and safety officer/manager immediately, Move self and others away from building immediately, Record incident. 9. 1 Stress can have positive as well as negative effects, but in this unit the word is used to refer to negative stress. Common signs and indicators of stress may include: Feeling more tearful or sensitive, Loss of motivation, Changes in sleep patterns, Changes in eating habits. 9. 2 Circumstances may include: Increased demands from others, Changes in working practices or new working practices,Changes in team members, Relationships, Unexpected changes i. e. financial, personal, work. 9. 3 Ways may include: Taking time out for yourself, Talking through how you feel with your line manager, Attending any stress management courses available, Engaging in relaxing activities whilst away from work. 10. 1 Handling medication may include: Ordering, Receiving, Storage administration, Recording, Disposal. 10. 2 Person responsible for medication may include: Trained worker, Designated person, Individual when self-medicating. 10. 3 Reasons may include: To comply with legislation, To ensure it is administer ed safely,To ensure it is administered correctly, As workers are accountable for their actions. 11. 1 Current food safety standards may include: Food Standards Act, Food safety workplace policy, Food safety guidelines. 11. 2 Storing food may include: Ensuring all food stored is covered over, Storing food on correct shelf/container in fridge/cupboard, Labelling with date all food stored, Storing cooked food when cooled down. Maximising hygiene may include: Keeping yourself clean, Wearing protective clothing, Keeping workplace clean, Using separate utensils and equipment for different types of food, Regular and through hand washing.

“Assess the main reasons for the Unification of Germany in 1871”

In 1862, Bismarck said that ‘the great questions of the day will be settled by blood and iron. ’ Although there is undoubtedly some degree of accuracy in this statement, the most important reason for the unification of Germany, which ended ‘the great questions of the day,’ was ‘coal and iron. ’ This is a quote from British economist John Maynard Keynes, who argued that the industrial and economic preparation before the wars, which united Germany, were more important. This is because the economic strength created by the rapid industrialisation enabled the creation of a powerful Prussia.It was under this powerful Prussia, with some skilful diplomacy and opportunism, that Germany was successfully united in the wars of German Unification. Without such economic development and prosperity, it is questionable whether Germany would have been united by 1871. On the other hand we must also consider the other factors and thus must address five key areas. T he first of these is the growing strength of Prussia in relation to Austria and closely linked to this is the economic developments within Prussia.On a much larger scale we must also take into account the strength of nationalism and the international situation of the 1860s. Lastly, we must consider whether the policies and strategies of Otto Von Bismarck, the Minister-President of Prussia from 1862 had a major impact on the Unification of Germany in 1871, nevertheless we are justified by saying that the main reason for the unification of Germany in 1871 was due to the economic prowess of Prussia in relation to other foreign nations such as Austria.â€Å"When the army has been brought into such a state as to command respect, then I shall take the first opportunity to declare war on Austria, burst asunder the German Confederation, bring the middle and smaller states into subjugation and give Germany a national union under Prussian leadership. † These views clearly voiced out th e long-term ambitions that Bismarck had for Prussia. Bismarck believed that he was able to shape the country and steer it to a position where it would lead the other German states. Bismarck’s exploits from the above statement shows that he greatly influenced the unification of Germany.He realised that a †man could not create the current of events† but â€Å"only float and steer it†, it was here that his true potential as a charismatic politician could be seen. As the brilliant opportunist he was, he completely outplayed the Austrians. Bismarck managed to cultivate a close relationship with Russia against Austria in 1863. This was made possible due to the Austrian’s error of not coming to the aid of the Russians during the Crimean War in 1852 thus an Austro- Russian alliance 10 years later would be unlikely to form as there was still great resentment between the two nations.Also it meant that Prussia would have a greater force backing them up. The fol lowing year he weakens Austria further after allying with them, as they were forced to maintain an army in the Northern region of Schleswig-Holstein. It is clear to see from this that Bismarck had a tendency to pick a quarrel with the opposition and create tension beneath the surface. If Austria did not mobilise an army there Prussia would have been free to annex this state and phenomenally increase the number of resources and territory gained.On the other hand as this ultimately enabled victory at Koniggratz to be much more achievable as fewer Austrian troops were present to defend their homeland. In 1865 he again impeded Austria from making a potential ally with France by giving them rewards in terms of land and resources. This would also ensure that France would remain neutral if Prussia declared war on Austria. His next final stroke of strategic genius can be seen with the Italian alliance in 1866. By the alliance with Italy, Bismarck contrived to divert part of the Austrian for ces to the south.This advantage with addition with that of Prussia’s modernised army discipline resulted in a Prussian victory on August 23rd 1866. Its victory enabled the North German Confederation to be formed. We can see that Bismarck held great political prowess and having considered the action he took, we are justified in saying that Bismarck’s role in the unification of Germany was a very important factor but not the main reason for Germany’s unification in 1871. Another factor which must be taken into account is the inevitability of Prussia’s rise to power and her military’s exponential growth in power.In 1815 unbeknown to Prussia, the major powers after defeating Napoleon split the French Empire and gave the Kingdom of Westphalia to Prussia thinking that it was useless bit of land however in reality they were handing over the richest material deposits in Europe. The abundant reserves as soon as they were discovered were being extracted an a larming rate transforming Prussia, currently a country short of territory and power into the most dominant and richest nation in the whole of Europe. Helmuth von Moltke based on this new found wealth gave him the means by which to modernise the army.Bismarck greatly advocated the support as he believed that â€Å"It is not by speeches and majority that the great questions of our time are decided, it is by blood and iron†. The newly reformed Prussian army revolutionised by Moltke â€Å"attained a level of military efficiency that the other European armies could only dream of† This strength was pivotal during the three was of unification as it allowed Bismarck to dictate the battle as well as the following treaties and agreements. Its highlight came however, at the Battle of Koniggratz where the Prussian army defeated Austrian forces inflicting many casualties.Indeed it was Bismarck who led the army reforms and it also shows that he delayed going to war with Austria to m ake sure victory was ascertained however without the overpowering economy which Prussia had she would never have been able to modernise the army to such an extent as well manage the costs of three wars so we are justified saying that Prussian economy was more influential to the unification of Germany than the military however we must also remember that without a strong military force Prussia would not have been able to win the wars that ensured the unification of Germany to take place.It was not only the rich mineral reserves that were economically benefitting Prussia. The creation of the zollverein in 1834 was the first step towards a united German customs union, fore fronted by Prussia. Although the smaller states greatly benefitted by being part of the Zollverein due to the abolishment of internal tariffs and they also became dependant on Prussia in maintaining the system.As well as this it may have not impacted unification as its economic benefits focused countries on the intern al benefits rather than leading them to merge into a single German state but certainly by giving Germany an identity, and a commonality with regards to businesses and the economy. It was seen as â€Å"binding together the limbs of Germany†. This concept was re-enforced with the development of railways throughout the Zollverein. This made transport and trade much easier but also brought the states together as people could easily travel across it visiting regions previously inaccessible.Compared to the impact of Bismarck however the economic advantages of Prussia play a major role in the unification of Germany in 1871. The economic advantages were enhanced as â€Å"Austria had not only had many chronic financial problems, it also lagged well behind Prussia in economic developments. It clear to see that without the economic power Prussia had in the 1850s and later, many businesses and the military would not have been able to become modernized and much stronger. It was only beca use of this newly made fighting force that Prussia was capable of inflicting the crushing defeat at Koniggratz.However it also helped Prussia to politically influence and dominate the other smaller German states as well as become a major authoritative nation within Europe. Thus it can be justified that â€Å"coal and iron† was the most important reason for the unification of Germany in 1871. Synonymous with the economic developments were the international circumstances of the 1860s which played a role in the unification of Germany. Austria’s decision to remain neutral during the Crimean War from 1853 to 1856 meant that that they lost the support of Russia in the future .Because of this no one could no longer continue to dictate over Prussia. As well as this, the Austro-Franco war of 1859 to 1860 led to the Italian Unification. This had two major impacts on the unification of Germany. The first was that it cultivated and spurred nationalism in surrounding European count ries. It even led to a pressure group being set up in Prussia the same year. More relevant to Prussia’s dominance however was the Austrian loss of Lombardy. Due to this loss of a very rich state, the Austrian government was forced to make constitutional concessions to the liberals within the country.Also the seeds of war between Prussia and Austria had been sown after Olmutz where Prussia were forced to say that the Erfurt Union will not be made and that the Diet under Austrian presidency will remain also Prussia had to firstly demobilise completely while Austria will secondly partially demobilise. This was a great humiliation for the Prussians and the resentment created by this caused the tensions between the two nations to rise. The final international factor is that of Napoleon III. In a bid to emulate his uncle he engaged himself with international politics as much as he could.Napoleon met Bismarck at Barritz where he confirmed French neutrality, in return for land reward s. This had a great impact as it meant that Prussia could advance without the threat of invasion from France. Although the Napoleon declared war on Prussia five years later in 1870 however by that time the Prussians had a strong enough army to repel these forces without much bloodshed. Bismarck calculated Napoleon’s greed and ego accurately and used this to his advantage. If this was not done there is a great likelihood that France would have declared war on Prussia and as soon as they did that Austria would have joined as well.Even though Prussia had the greatest military prowess of the three nations the sheer scale of the attack would have overwhelmed Prussia and it would lead to Austria being in such a position that unification of Germany would not have been possible. However we must also that their political position within Europe was promoted by their boosting economy and the grouping of the lesser states under Prussian authority so it is fair to say that the internation al circumstances of the 1860s came about from political and military dominance within Europe which were influenced by the booming economic situation in Prussia at the time.The final factor contributing to the unification of Germany is the strength of nationalism. This was enhanced by the 1848 revolutions and saw liberals rise up in Prussia. Their quest for a united Germany was stopped midway due to food shortages the following economic depression and the resulting lack of support. With the loss of their power base the revolutions failed horribly. We are therefore justified in saying that although support for nationalism did play a part in the unification of Germany it was not the deciding factor .In order for nationalism as an ideology to be spread as across the states a top down revolution was needed. Nationalistic individuals wanted the uniting of all German states, all German volk coming together and the Zollverein, the customs trade union was the shadow of the Germany formed in 1871and thus we are justified by saying that the economic policies of Prussia was pivotal in bring the people together under a single united state and were more important than the strength of nationalism.Overall we are justified in saying that the main reason for the unification of Germany in 1871 was the booming Prussian economy. There is a strong case arguing that the skilful diplomacy and power politics of Otto Von Bismarck led directly towards German unification. However this said Bismarck was only able to the Army Reform Bill in 1861 because the economy had provided sufficient revenue for him to do so. If Bismarck had not pumped money into reforming the army then it would not have been able to achieve such a great force which helped Prussia win the three wars of unification.Also the Zollverein plays a major role in the unification of Germany as helped all the states boost their economy under a Prussian leadership also the outline of the Zollverein is exactly the same outline Ge rmany was when all the states finally united in 1871, it was at this point that the ideology of nationalism prevailed as it managed bring all German speaking people together. With these reasons I believe that the Prussian economy was the most important factor for the unification of Germany. Assess the Main Reasons for the Unification of Germany in 1871 In 1862, Bismarck said that ‘the great questions of the day will be settled by blood and iron. ’ Although there is undoubtedly some degree of accuracy in this statement, the most important reason for the unification of Germany, which ended ‘the great questions of the day,’ was ‘coal and iron. ’ This is a quote from British economist John Maynard Keynes, who argued that the industrial and economic preparation before the wars, which united Germany, were more important. This is because the economic strength created by the rapid industrialisation enabled the creation of a powerful Prussia.It was under this powerful Prussia, with some skilful diplomacy and opportunism, that Germany was successfully united in the wars of German Unification. Without such economic development and prosperity, it is questionable whether Germany would have been united by 1871. On the other hand we must also consider the other factors and thus must address five key areas. T he first of these is the growing strength of Prussia in relation to Austria and closely linked to this is the economic developments within Prussia.On a much larger scale we must also take into account the strength of nationalism and the international situation of the 1860s. Lastly, we must consider whether the policies and strategies of Otto Von Bismarck, the Minister-President of Prussia from 1862 had a major impact on the Unification of Germany in 1871, nevertheless we are justified by saying that the main reason for the unification of Germany in 1871 was due to the economic prowess of Prussia in relation to other foreign nations such as Austria.â€Å"When the army has been brought into such a state as to command respect, then I shall take the first opportunity to declare war on Austria, burst asunder the German Confederation, bring the middle and smaller states into subjugation and give Germany a national union under Prussian leadership. † These views clearly voiced out th e long-term ambitions that Bismarck had for Prussia. Bismarck believed that he was able to shape the country and steer it to a position where it would lead the other German states. Bismarck’s exploits from the above statement shows that he greatly influenced the unification of Germany.He realised that a †man could not create the current of events† but â€Å"only float and steer it†, it was here that his true potential as a charismatic politician could be seen. As the brilliant opportunist he was, he completely outplayed the Austrians. Bismarck managed to cultivate a close relationship with Russia against Austria in 1863. This was made possible due to the Austrian’s error of not coming to the aid of the Russians during the Crimean War in 1852 thus an Austro- Russian alliance 10 years later would be unlikely to form as there was still great resentment between the two nations.Also it meant that Prussia would have a greater force backing them up. The fol lowing year he weakens Austria further after allying with them, as they were forced to maintain an army in the Northern region of Schleswig-Holstein. It is clear to see from this that Bismarck had a tendency to pick a quarrel with the opposition and create tension beneath the surface. If Austria did not mobilise an army there Prussia would have been free to annex this state and phenomenally increase the number of resources and territory gained.On the other hand as this ultimately enabled victory at Koniggratz to be much more achievable as fewer Austrian troops were present to defend their homeland. In 1865 he again impeded Austria from making a potential ally with France by giving them rewards in terms of land and resources. This would also ensure that France would remain neutral if Prussia declared war on Austria. His next final stroke of strategic genius can be seen with the Italian alliance in 1866. By the alliance with Italy, Bismarck contrived to divert part of the Austrian for ces to the south.This advantage with addition with that of Prussia’s modernised army discipline resulted in a Prussian victory on August 23rd 1866. Its victory enabled the North German Confederation to be formed. We can see that Bismarck held great political prowess and having considered the action he took, we are justified in saying that Bismarck’s role in the unification of Germany was a very important factor but not the main reason for Germany’s unification in 1871. Another factor which must be taken into account is the inevitability of Prussia’s rise to power and her military’s exponential growth in power.In 1815 unbeknown to Prussia, the major powers after defeating Napoleon split the French Empire and gave the Kingdom of Westphalia to Prussia thinking that it was useless bit of land however in reality they were handing over the richest material deposits in Europe. The abundant reserves as soon as they were discovered were being extracted an a larming rate transforming Prussia, currently a country short of territory and power into the most dominant and richest nation in the whole of Europe. Helmuth von Moltke based on this new found wealth gave him the means by which to modernise the army.Bismarck greatly advocated the support as he believed that â€Å"It is not by speeches and majority that the great questions of our time are decided, it is by blood and iron†. The newly reformed Prussian army revolutionised by Moltke â€Å"attained a level of military efficiency that the other European armies could only dream of† This strength was pivotal during the three was of unification as it allowed Bismarck to dictate the battle as well as the following treaties and agreements. Its highlight came however, at the Battle of Koniggratz where the Prussian army defeated Austrian forces inflicting many casualties.Indeed it was Bismarck who led the army reforms and it also shows that he delayed going to war with Austria to m ake sure victory was ascertained however without the overpowering economy which Prussia had she would never have been able to modernise the army to such an extent as well manage the costs of three wars so we are justified saying that Prussian economy was more influential to the unification of Germany than the military however we must also remember that without a strong military force Prussia would not have been able to win the wars that ensured the unification of Germany to take place.It was not only the rich mineral reserves that were economically benefitting Prussia. The creation of the zollverein in 1834 was the first step towards a united German customs union, fore fronted by Prussia. Although the smaller states greatly benefitted by being part of the Zollverein due to the abolishment of internal tariffs and they also became dependant on Prussia in maintaining the system.As well as this it may have not impacted unification as its economic benefits focused countries on the intern al benefits rather than leading them to merge into a single German state but certainly by giving Germany an identity, and a commonality with regards to businesses and the economy. It was seen as â€Å"binding together the limbs of Germany†. This concept was re-enforced with the development of railways throughout the Zollverein. This made transport and trade much easier but also brought the states together as people could easily travel across it visiting regions previously inaccessible.Compared to the impact of Bismarck however the economic advantages of Prussia play a major role in the unification of Germany in 1871. The economic advantages were enhanced as â€Å"Austria had not only had many chronic financial problems, it also lagged well behind Prussia in economic developments. It clear to see that without the economic power Prussia had in the 1850s and later, many businesses and the military would not have been able to become modernized and much stronger. It was only beca use of this newly made fighting force that Prussia was capable of inflicting the crushing defeat at Koniggratz.However it also helped Prussia to politically influence and dominate the other smaller German states as well as become a major authoritative nation within Europe. Thus it can be justified that â€Å"coal and iron† was the most important reason for the unification of Germany in 1871. Synonymous with the economic developments were the international circumstances of the 1860s which played a role in the unification of Germany. Austria’s decision to remain neutral during the Crimean War from 1853 to 1856 meant that that they lost the support of Russia in the future .Because of this no one could no longer continue to dictate over Prussia. As well as this, the Austro-Franco war of 1859 to 1860 led to the Italian Unification. This had two major impacts on the unification of Germany. The first was that it cultivated and spurred nationalism in surrounding European count ries. It even led to a pressure group being set up in Prussia the same year. More relevant to Prussia’s dominance however was the Austrian loss of Lombardy. Due to this loss of a very rich state, the Austrian government was forced to make constitutional concessions to the liberals within the country.Also the seeds of war between Prussia and Austria had been sown after Olmutz where Prussia were forced to say that the Erfurt Union will not be made and that the Diet under Austrian presidency will remain also Prussia had to firstly demobilise completely while Austria will secondly partially demobilise. This was a great humiliation for the Prussians and the resentment created by this caused the tensions between the two nations to rise. The final international factor is that of Napoleon III. In a bid to emulate his uncle he engaged himself with international politics as much as he could.Napoleon met Bismarck at Barritz where he confirmed French neutrality, in return for land reward s. This had a great impact as it meant that Prussia could advance without the threat of invasion from France. Although the Napoleon declared war on Prussia five years later in 1870 however by that time the Prussians had a strong enough army to repel these forces without much bloodshed. Bismarck calculated Napoleon’s greed and ego accurately and used this to his advantage. If this was not done there is a great likelihood that France would have declared war on Prussia and as soon as they did that Austria would have joined as well.Even though Prussia had the greatest military prowess of the three nations the sheer scale of the attack would have overwhelmed Prussia and it would lead to Austria being in such a position that unification of Germany would not have been possible. However we must also that their political position within Europe was promoted by their boosting economy and the grouping of the lesser states under Prussian authority so it is fair to say that the internation al circumstances of the 1860s came about from political and military dominance within Europe which were influenced by the booming economic situation in Prussia at the time.The final factor contributing to the unification of Germany is the strength of nationalism. This was enhanced by the 1848 revolutions and saw liberals rise up in Prussia. Their quest for a united Germany was stopped midway due to food shortages the following economic depression and the resulting lack of support. With the loss of their power base the revolutions failed horribly. We are therefore justified in saying that although support for nationalism did play a part in the unification of Germany it was not the deciding factor .In order for nationalism as an ideology to be spread as across the states a top down revolution was needed. Nationalistic individuals wanted the uniting of all German states, all German volk coming together and the Zollverein, the customs trade union was the shadow of the Germany formed in 1871and thus we are justified by saying that the economic policies of Prussia was pivotal in bring the people together under a single united state and were more important than the strength of nationalism.Overall we are justified in saying that the main reason for the unification of Germany in 1871 was the booming Prussian economy. There is a strong case arguing that the skilful diplomacy and power politics of Otto Von Bismarck led directly towards German unification. However this said Bismarck was only able to the Army Reform Bill in 1861 because the economy had provided sufficient revenue for him to do so. If Bismarck had not pumped money into reforming the army then it would not have been able to achieve such a great force which helped Prussia win the three wars of unification.Also the Zollverein plays a major role in the unification of Germany as helped all the states boost their economy under a Prussian leadership also the outline of the Zollverein is exactly the same outline Ge rmany was when all the states finally united in 1871, it was at this point that the ideology of nationalism prevailed as it managed bring all German speaking people together. With these reasons I believe that the Prussian economy was the most important factor for the unification of Germany.