Over-leveraging‚ credit default swaps and collateralized debt obligations as causes Another probable cause of the crisis -- and a factor that unquestionably amplified its magnitude -- was widespread miscalculation by banks and investors of the level of risk inherent in the unregulated Collateralized debt obligation and Credit Default Swap markets. Under this theory‚ banks and investors systematized the risk by taking advantage of low interest rates to borrow tremendous sums of money that they could
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Contextual influences in Art & Design – 1970’s punk fashion In this essay I am going to discuss how social and political change influenced fashion and also the impact that music had on fashion during the 1970s punk era. This period was chosen for discussion because the punk style of fashion is extremely easily identifiable as a strong and powerful movement in the fashion world and is often referred to as iconic. The primary research that I will be using to support my essay include‚ music
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Double Happiness Double Happiness demonstrates how the force of media‚ production‚ and family dehumanize and objectify cultural hybrids. This objectification is defined by the process by which human potential is transferred to a materially existing form‚ setting one away from their unique nature. This is accomplished through the community’s ideal conception which inaugurates a low degree of integration and high degree of isolation in Asian Canadians. In turn‚ this pushes their consciousness towards
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Pierre Bourdieu 1979 Classes and Classifications Source: Distinctions. A Social Critique of the Judgment of Taste. Conclusion. 1984‚ translated by Richard Nice‚ published by Harvard University Press‚ 1984‚ 604pp. – selected from pp. 466-484. Taste is an acquired disposition to ‘differentiate’ and ‘appreciate’‚ as Kant says — in other words‚ to establish and mark differences by a process of distinction which is not (or not necessarily) a distinct knowledge‚ in Leibniz’s sense‚ since it ensures recognition
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Georg Simmel and W.E.B. Du Bois have had a significant influence on important theories and ideas developed in the Social Sciences. Perhaps two of the most relevant and well-known concepts developed by both of these theorists are the concepts of “double consciousness” and “the stranger”. In this paper I will be analyzing both of these pieces of work to draw upon differences and similarities between the two. The similarities I will be elaborating on are the usage of the paradoxical figure‚ which
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The erosion of trade union power since 1979 Trade unions in Britain have existed for over two hundred years. In the early 19th century‚ trade unions were outlawed for being anti-competitive but by the early 20th century there were two million trade union members and this rose to a peak of over thirteen million in 1979. However‚ in the 1980s there was a sharp fall in the number of trade union members. There are a number of possible explanations for this radical change in trade union membership in
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The evolution of the world and its civilizations is galvanized by continual scientific and technological progress‚ which is brought about by the vast reservoir of knowledge that humankind has gained over the centuries in countless attempts to quench their insatiable thirst for the ultimate key that will unlock all the secrets of life. In the last few decades‚ men and women of science who are determined to fully unveil the mysteries of the universe were already able to take evolution to a whole new
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The Great Depression and the Current Recession David Gillies‚ Melissa Phillips‚ Chad Ruter‚ and Pat Warren University of Sioux Falls Consumer Price Index The consumer pricing index (CPI) is a measure of the price level of consumer goods and services. The U.S. Bureau of Labor Statistics began calculating and issuing the monthly calculation in 1919. The CPI is calculated by observing price changes among a wide range of products and weighing these price changes by the share of income consumers
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CHAPTER 2 DOUBLE ENTRY SYSTEM AND BALANCING OFF THE LEDGER OBJECTIVES. At the end of the chapter reader is expected to understand - what a double entry system is - peculiarity of double entry system in accounting. - how a transaction can be posted in order to adhere with double entry system. - what make up a ledger - how ledger can be balanced up. INTRODUTION To make a relevant disclosure of transaction in accounting sense‚ it is necessary to open up all the items affected by a transaction
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“Borders” and “Double Happiness” Nowadays‚ many cultures are disappearing and many encounter it. In “Borders”‚ by Thomas King and the movie “Double Happiness”‚ the mother and father‚ respectively‚ try to maintain their cultural identity through out their generations. Only one of the parents succeeded. It is the mother. Both made a lot of efforts but the mother made the right choices. She was able to bring her daughter back home although the father lost his daughter. There is a big contrast between
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