Sunday, August 18, 2019
Lord of the Flies Ã Ã Ã Ã Ã The Lord of the Flies had 4 main characters: Ralph, Simon, Jacky, and Piggy. All of the boys had a profound impact on the book but one boy was very intense and amazing. That boy was Simon. Ã Ã Ã Ã Ã Simon was the kind of person who kept to himself and looked at the world from a different point of view. His disease made him take life much more seriously than the rest of the group. The ironic thing about this is that even though he took life more seriously than others, he was the first to die. He was different because he was a member of the choir and unlike the other member of the choir, he did not hunt. Even Ralph was quoted as saying he was funny and queer. But he was right. He did not like the company of the other boys because on page 132 of the book, he is seen in his little bower where he just sits and becomes one with his mind. Most of the other boys are seen playing but not Simon. His maturity level and intelligence were far greater than some adults in this day and age. Many would compare Simon to Jesus Christ. Simon would help the needy and unfortunate by giving Piggy meat when the others would not give it to him. Simon would tell the boys that the beast was within and like Jesus, many would not listen until too late. Simon and Jesus Christ died in the same manner. Both died trying to tell others what was best for them. Simon tried to tell the kids that the beast was within themselves even when he was dying but none listened. Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã 2 SimonÃ¢â¬â¢s conversation with Lord of the Flies is the turning point of the book. It really isnÃ¢â¬â¢t a conversation because Simon says nothing. A nod of the head and shaking is the only language Simon speaks. The Lord of the Flies knows a lot about Simon. He knows that Simon is a loner and keeps to himself. The Lord of the Flies tells Simon that they are going to have fun or, in other words, hunt. Ralph could not even escape the beast. But if the beast did not exist inside your mind then it would not tell the kids to hunt. The Lord of the Flies told Simon if he tried to tell the boys that the beast was within themselves, then he would die.
Saturday, August 17, 2019
The Foreign Direct Investment (FDI) Confidence Index influences a businessÃ¢â¬â¢s future decisions for ventures on foreign soil. Businesses use the index to compare countries for the most and potentially best prospective investment in order to profit from expansion. The FDI Index lists the top countries that are projected to be the most compelling to directly invest in fixed and variable assets in order to achieve management control (Ball, Geringer, Minor, & McNett, 2010). According to Ball, Geringer, Minor, and Mcnett (2010) in International Business; The Challenge of Global Competition, Ã¢â¬Å"if a nation is continuing to receive appreciable amounts of foreign investment, its investment climate must be favorable.Ã¢â¬ Through analysis of projected countries for foreign investment, a company can determine if a foreign market is favorable to expand into since other companies are continuously investing in them. A.T. Kearney Inc., a global management consultant firm, researches and constructs the Foreign Direct Investment Confidence Index periodically in order to assist and advise CEOÃ¢â¬â¢s across the world in multiple markets make the most informed business decisions. With offices in thirty- seven countries, A.T. Kearney has the presence and global notoriety that corporations lean upon for expansion decisions (A.T. Kearney Inc., 2011). The companyÃ¢â¬â¢s vast experience advising top corporations in multiple industries lends credibility to the A.T. Kearney Inc.Ã¢â¬â¢s analysis of the constructed FDI Confidence Index. The FDI Confidence Index is a widely used tool that is compiled using analysis of many components. A.T. Kearney Inc. begins the research for the top countries to invest by surveying the top corporate executives of one thousand of the largest businesses throughout the world and account for more than Ã¢â¬ two trillion in annual global revenue,Ã¢â¬ (Laudicina, Gott, & Pohl, 2010). These selected companies are representatives from forty-four countries across seventeen industries (Laudicina et al., 2010). A.T. Kearney compilation and calculation for the FDI Confidence Index is meant to capture a true audienceÃ¢â¬â¢s opinion of the potential investment and expansion into foreign markets by observing a broad spectrum of companies business plan throughout their global investment perspective. The Foreign Direct Investment Confidence Index survey questioned each CEO and took a weighted average of their responses on a scale of high, medium and low when asked for the Ã¢â¬Å"likelihood of the direct investment in a market over the next three years,Ã¢â¬ as presented by Laudicina, Gott, and Pohl (2010). The survey did not question the senior executives on the likelihood of investment with in their own country (Laudicina et all., 2010). Therefore, the index values are non-biased and are based true opinions from leading CEOÃ¢â¬â¢s for the most desirable countries to invest company assets. Other sources that are taken into consideration in the compilation of the Foreign Direct Investment Confidence Index include data prepared by the United Nations. According to Investing in a Rebound: the 2010 A.T. KearneyÃ¢â¬â¢s Foreign Direct Investment Confidence Index, Ã¢â¬Å"FDI flow figures are the latest statistics available from the United Nations Conference on Trade and Development (UNCTAD)Ã¢â¬ are used to assist in the compilation of the ranking of countries (Laudicina et all., 2010). Also, Laudicina et all. (2010) includes the, Ã¢â¬Å"International Monetary Fund (IMF), investment promotion agencies, central banks, ministries of finance and trade, and major periodicals,Ã¢â¬ for insight to determine the rankings of each country. A.T. Kearney Inc. uses multiple resources for compiling the FDI Confidence Index in order to construct the most representative statistics for future foreign investments. Even though the FDI Confidence Index ranks countries upon the likelihood of future investments from non-source corporations, the economic market has globally taken a downturn. Laudicina et all. (2010) responds in the publication, Ã¢â¬Å"while conditions have improved, senior executives at the worldÃ¢â¬â¢s largest companies remain wary of investing during the current climate, and few expect a full turnaround before 2011.Ã¢â¬ Top corporate executives, even though the market is down, still project potentially investment in equipment, structures and organizations in these top countries at a level that is sufficient to obtain significant management control within the next three years (Laudicina et all. 2010). The Foreign Direct Investment Confidence Index is compiled by A.T. Kearney Inc., a well-respected global management firm, in order to assist corporations in capitalizing company assets in foreign countries. This list ranks the top countries of foreign investment by surveying top senior executives around the world, using Untied Nations data on foreign trade and other publications in order to compile the most thorough analysis for corporations to use for the most prospective countries for foreign ventures (Laudicina et all., 2010). Even though the global economy has taken a turn for the worse, corporations are continuing to foresee future foreign direct investment as a possibility for their companyÃ¢â¬â¢s long-term business plan.
Friday, August 16, 2019
This passage allows us to make several assumptions about the main character, Willy, in a psychiatric way. Obviously irony is a major component of how Arthur Miller hints to these mental characteristics, but he also alludes to other concepts in the details of the stage directions and the seemingly unimportant lines of supporting characters. Upon examining the passage on pages 38 and 39 in the book, (25 and 26 in the pdf) it has become clear that most of WIllyÃ¢â¬â¢s problems can be traced back not to how he raised his own children, but back to his own childhood. The three key points of WillyÃ¢â¬â¢s youth are subtly given to us in this passage andÃ highlighted with MillerÃ¢â¬â¢s use of irony. This may just be an opinion, but Willy is pretty weak, and not just physically. In this passage he is seemingly dependant on peopleÃ¢â¬â¢s praise and of seeming important. The irony is that he is thriving off the praise of both his wife and mistress, although the two women could not be be more different in their temperament. His wife Linda assures Willy of his handsomeness and his excellent parenting, in her eyes, and The Woman, although her compliments are far less sincere, assures Willy of how she picked him of all the possibleÃ salesmen This is key because one of the main points of the entire play is WillyÃ¢â¬â¢s struggle with the fact that he is indeed not important anymore. This is ironic because it leads us to believe Willy to be this successful salesman, and we soon find that not to be true in the present day of the play. WillyÃ¢â¬â¢s need for reassurance of his importance is foreshadowing his lack of necessity in his future, and his lack of deserving praise in his future. The Woman, being more manipulative, sees WillyÃ¢â¬â¢s weakness for compliments and used them to keep him addicted in a way to their affair. In the start of the passage Willy complains of being alone on the road, so what better way to subdue that loneliness than to acquire someone to fawn over him and make him feel good about himself. This leads us to assume Willy has some self esteem issues. This concept also supports WillyÃ¢â¬â¢s affair because cheating often springs from people with poor self images because of the craving for the assurance of the cheating peopleÃ¢â¬â¢s greatness. This self hate can come from many places but most often comes from something deep rooted like, well, the personÃ¢â¬â¢s roots. MotherÃ¢â¬â¢s are important, something about the presence or absence of a mother canÃ make or break those of weaker spirits. Willy being one of those weak ones was emotionally stunted by his lack of mother. Or even lack of any family to establish healthy social skills. But commonly in psych cases, a lack of a mother or mother figure results in a perpetual longing for physical connections. In the stage directions Miller illustrates throughout this passage how purely physical Willy and The WomanÃ¢â¬â¢s relationship is. The passage begins with Willy discussing his longing for physical contact when he is on the road. Like WillyÃ¢â¬â¢s addiction to praise, he needs the physical contact because he just isnÃ¢â¬â¢t capable of making deeperÃ relationship connections from his early social handicap. The beginning confession for physical relations is ironic because he describes how he wants it to be with Linda, but it ends up happening with a mistress. This lack of ability to connect is part of the reason for WillyÃ¢â¬â¢s struggle with Biff. Willy cannot figure out how to communicate with Biff simply because he is socially inept. This in turn comes to stunt Biff as well as Willy makes the same mistakes with Biff that WillyÃ¢â¬â¢s own father did with Willy. Willy is haunted by his childhood, his decisions and his family. Miller never specifically writes how important this is, but he hints at it in one intense way in the stage directions. Willy hearing the flute music of his father. This flute music narrates the entire play in itÃ¢â¬â¢s own way. Like most people, Willy is terrified of ending up like his father. Everyone is told they end up like their parents and everyone vows that they will be different. But the thick irony is that Willy ends up just like his father, making the same vital mistakes. Just as WillyÃ¢â¬â¢s father abandoned Willy as a child and added another psychiatric problem to WillyÃ¢â¬â¢s list of mentalÃ issues, Willy abandons his own family in what he thinks is a seemingly innocent act. A clear example of this is when The Woman thanks Willy for the stockings, and then it cuts to Linda repairing her stockings (which she is constantly doing throughout the play). This irony is that instead of taking care of his actual family by doing things like spending money on his wife to replace her old, ripped stockings, he turns his back on them to buy a gift for his mistress. Just like his father he put off the needs of his family for his own needs. This may seem harmless but in doing this Willy demonstrates who he is putting first n his priorities. These issues all lead to some serious mental issues that result in an endless cycle. Willy is unhappy with himself and longs to make connections and receive praise, but his only way to make connections is physically, which leads to poor choices, which leads to making his longed for connections worse which makes him even more unhappy with himself. Some people just donÃ¢â¬â¢t know how to stop the cycle and just work on their communication skills. Miller lays the irony on so thickly throughout this book to show how despite all WillyÃ¢â¬â¢s struggles he continues to do the exact things he is trying to prevent. Truly a tragedy.
Thursday, August 15, 2019
Being Mindful Ã¢â¬Å"Mindfulness described as being in the present momentÃ¢â¬ (Wood, 2010). The present moment holds a potentially infinite number of things going on both inside the mind and outside the mind. A person is not completely lost in an activity, nor are they completely lost in thought, whether a person is eating a meal, or playing a musical instrument, they are aware of what they are doing. If a person gets all of the worries and regrets out of their mind, it is easier to focus on the things that are happening in the present. A person simply observes whatever is happening, without taking sides or forming attachments to any one single mindset. They are mindful when the mind is open to new thoughts, new ideas, new possibilities, and new ways of thinking. Being mindful contributes to greater effectiveness in the here and now, not the there and then. A personÃ¢â¬â¢s mind is not automatically blinded by judgment, evaluation or any one rigid way of thinking, it is the person themselves that create this mind set. In a personÃ¢â¬â¢s day-to-day experiences, the conscious mind is always struggling to keep up with the endless flow of changes in the external world. To make the job easier, the mind creates a series of generalizations and assumptions about the world, so we as people believe that we do not have to do as much thinking. Whatever is going on, whether we are working, running, or enjoying a meal, we should always be aware of what is going on around us. Someone should not be overburdened with worries or even dreams of the future, and should not be full of regret or longing for any part of the past, just enjoy experiencing the present moment to its fullest. These three things are important while being mindfulness: Observing with all our senses, one-mindfully (think of one thing at a time), notice when the mind goes somewhere other than the present, and when it does thatÃ¢â¬â¢s when one needs to then pull it back. University of Rochester researchers report that individuals who are mindful are in tune with their emotions and do act in ways that are compatible with their values and interests. Mindfulness, which is an enhancement of attention too, and awareness of the present, can be linked to better moods, higher self-esteem, a greater life satisfaction, and optimism in all signs of positive psychological health (Rochester, 2010). Ã¢â¬Å"Mindfulness appears to heighten the joys one can experience in everyday events, as well as to be in better touch with what one really needs and feels, It helps people make better choices in a complexworld,Ã¢â¬ says Ryan, a professor of psychology and psychiatry. To be mindful a person has to put aside their worries about the future and regrets about the past. This can be really liberating since much of what upsets us has happened in other times than the present. I remember listening to my child, tell me about the week they ahead for them of school, but the whole time I was thinking about work that day and what I was going to have to accomplish tomorrow. As the week went on my child came to me and said,Ã¢â¬ Mommy do you remember I told you about our field trip that we have tomorrow, and you said we could go tonight and get my lunch for the fieldtrip? Ã¢â¬ Then I realized that she had told me all about it, on that day she was speaking to me; my mind that day had been filled with worries of what had happened at work and of what was, going to happen at work, not on the present moment, it made feel agitated that I had done this to my child. That I had not been very mindful to my childÃ¢â¬â¢s needs as I was more concerned with work and the days ahead of me, rather than what I had right there in front of me, that should have been the only thing on my mind at that present moment. In conclusion if more people were mindful to what is in the present moment, be it a parent that is listening to their child, or a student listening to their instructor, parents may have a better understanding of their children and students may have a chance to pass their next test. Being mindful can be a difficult change, but with practice, it is a change many people can make successfully. To have this success a person must remember these three elements: 1) observing with all the senses, 2) one-mindfully (think of one thing at a time) and 3) notice when your mind goes somewhere other than the present, then that is when one needs to pull it back. References Rochester (2010) RetreiviedOctober 2010 From http://www. rochester. edu/news Wood, J. T. (2010). Interpersonal Communication. Wadsworth Cengage Publishing.
The working capital needs of a firm are determined and influenced by various factors. A wide variety of considerations may affect the quantum of working capital required and these considerations may vary from time to time. The working capital needed at one point of time may not be good enough for some other situation. The determination of working capital requirement is a continuous process and must be undertaken on a regular basis in the light of the changing situations. Following are some of the factors which are relevant in determining the working capital needs of the firm: 1. Basic Nature of Business: The working capital requirement is closely related to the nature of the business of the firm. In case of a retail shop or a trading firm, the amount of working capital required is small enough. Most of the transactions are undertaken in cash and the length of the operating cycle is generally small. The trading concerns usually have smaller needs of working capital, however, in certain cases, large inventories of goods may be required and consequently the working capital may be large. In case of financial concerns (engaged in financial business) there may not be stock of goods but these firms do have to maintain sufficient liquidity all the times. In case of manufacturing concerns, different types of production processes are performed. One unit of raw material introduced in the production schedule may take a long period before it is available as finished goods for sale. Funds are blocked not only in raw materials but also in labor expenses and overheads at every stage of production. The operating cycle is usually a longer one and sales are made generally on credit terms. So, in case of manufacturing concerns, there is a requirement of substantial working capital. 2. Business Cycle Fluctuations: Different phases of business cycle i.e., boom, recession, recovery etc. also affect the working capital requirement. In case of boom conditions, inflationary pressure appears and business activities expand. As a result, the overall need for cash, inventories etc. increases resulting in more and more funds blocked in these current assets. Ã In case of recession period however, there is usually a dullness in business activities and there will be an opposite effect on the level of working capital requirement. There will be a fall in inventories and cash requirement etc. 3. Seasonal Operations: If a firm is operating in goods and services having seasonal fluctuations in demand, then the working capital requirement will also fluctuate with every change. In a cold drink factory, the demand will certainly be higher during summer season and therefore, more working capital is required to maintain higher production, in the form of larger inventories and bigger receivables. On the other hand, if the operations are smooth and even through out the year then the working capital requirement will be constant and will not be affected by the seasonal factors. 4. Market Competitiveness: The market competitiveness has an important bearing on the working capital needs of a firm. In view of the competitive conditions prevailing in the market, the firm may have to offer liberal credit terms to the customers resulting in higher debtors. Even larger inventories may be maintained to serve an order as and when received; otherwise the customer may go to some other supplier. Thus, the working capital tends to be high as a result of greater investment in inventories and receivable. On the other hand, a monopolistic firm may not require larger working capital. It may ask the customers to pay in advance or to wait for some time after placing the order. 5. Credit Policy: The credit policy means the totality of terms and conditions on which goods are sold and purchased. A firm has to interact with two types of credit policies at a time. One, the credit policy of the supplier of raw materials, goods etc., and two, the credit policy relating to credit which it extends to its customers. In both the cases, however, the firm while deciding its credit policy, has to take care of the credit policy of the market. For example, a firm might be purchasing goods and services on credit terms but selling goods only for cash. The working capital requirement of this firm will be lower than that of a firm which is purchasing cash but has to sell on credit basis. 6. Supply Conditions: The time taken by a supplier of raw materials, goods etc. after placing an order, also determines the working capital requirement. If goods are received as soon as or in a short period after placing an order, then the purchaser will not like to maintain a high level of inventory of that good. Otherwise, larger inventories should be kept e.g., in case of imported goods. It is often seen that the shopkeepers may not be keeping stock of all items, but whenever there is a demand, they procure from the wholesaler/producer and supply it to their customers. Thus, the working capital requirement of a firm is determined by a host of factors. Every consideration is to be weighted relatively to determine the working capital requirement. Further, the determination of working capital requirement is not once a while exercise, rather a continuous review must be made in order to assess the working capital requirement in the changing situation. There are various reasons which may require the review of the working capital requirement e.g., change in credit policy, change in sales volume etc.
Wednesday, August 14, 2019
Animal Characteristics Used in A Dolls House An Analysis of the Significance of Animal Characteristics Used in A DollÃ¢â¬â¢s House Reflective Statement Discussion of A DollÃ¢â¬â¢s House in class reach me deeply and implored new perspectives on traditional gender roles in different cultures such as Europe in the late 1800s. I relate to Henrik IbsenÃ¢â¬â¢s humanist work as opposed to A DollÃ¢â¬â¢s House being completely feminist. To say A DollÃ¢â¬â¢s House is a feminist work would be redundant. Feminism is the fight for the equality of the sexes and IbsenÃ¢â¬â¢s A DollÃ¢â¬â¢s House explores this very theme. Being human is not confined to just being male or female but having characteristics that define an individual. ChristineÃ¢â¬â¢s character is a prime example of escapism in the play and the other works weÃ¢â¬â¢ve studied have generally the same motif. In each culture, In this paper, an analysis will be done on IbsenÃ¢â¬â¢s use of animal characteristics. Throughout the play, the characters Torval d and Nora call to each other and themselves various animals like Ã¢â¬Å"LarkÃ¢â¬ and Ã¢â¬Å"SquirrelÃ¢â¬ . On occasion, IbsenÃ¢â¬â¢s A DollÃ¢â¬â¢s House has been referred to as a feminist work and although themes of feminism are present, the overall effect Ibsen makes is a humanist perspective of the characters lives. The significance of animal characteristics shows a development in NoraÃ¢â¬â¢s character and introduces the type of man Torvald is. Ibsen also uses animal characteristics to reveal the deeper relationship between Nora and Torvald. Verbal irony is conveyed through the use of animal characteristics. The play opens with Nora coming upon the stage laden with Christmas gifts for the children, a horse and sword, trumpets and dolls and cradles. Although the items are tiny things, inexpensive and useless it conveys how much love Nora has. She carries also a little bag of macaroons that she hides when Torvald questions her about. The initial thought of Nora is she sp ends exuberant amounts of money and is rightfully called a spendthrift by Torvald. NoraÃ¢â¬â¢s character can be interpreted as charming and dishonest, always flitting, never resting, light-hearted, inconsequent airhead. The entrance of ChristineÃ¢â¬â¢s character reveals NoraÃ¢â¬â¢s dark secret and her character no longer seems transparent. Ã¢â¬ Free. To be free, absolutely free. To spend time playing with the children. To have a clean, beautiful house, the way Torvald likes it.Ã¢â¬ Nora tells Christine that she will be Ã¢â¬Å"freeÃ¢â¬ after she has paid off her debt to Krogstad. her anticipated freedom symbolizes her need to be independent of Torvald. Within that, Nora highlights the factors that constrain her. Although she claims that freedom will give her time to be a mother and a traditional wife that maintains a beautiful home as her husband likes it, she leaves her children and Torvald at the end of the play. One main theme of the play is that true freedom cannot be found in a traditional domestic lifestyle. NoraÃ¢â¬â¢s character develops intricately and her understanding of the word Ã¢â¬Å"freeÃ¢â¬ is changes clearly. Nora becomes aware of the fact that she must change her life to find true freedom, and Nora recognizes that freedom includes independence from societal constraints and her ability to examine in depth her own personality, goals, and beliefs.The characteristics of a lark signify that Torvald believes that Nora is small compared to the his perspective. Ã¢â¬ That is like a woman!Ã¢â¬ ¦you know what I think about that. No debt, no borrowing.Ã¢â¬ (Ibsen p. 2) To explore the relationship between Nora and all the other characters one must see that not only did Torvald treat women like children, he also treats lesser men in the workplace as expendable and replaceable. Ã¢â¬Å"But instead of Krogstad, you could dismiss some other clerk.Ã¢â¬ . He exerts his dominance over others, running over the thoughts and feelings of su rrounding humans. ItÃ¢â¬â¢s a sweet little bird, but it gets through a terrible amount of money. You wouldnÃ¢â¬â¢t believe how much it costs a man when heÃ¢â¬â¢s got a little song-bird like you!Ã¢â¬ Nora express the conclusion she draws from the deep reality of their marriage her view of TorvaldÃ¢â¬â¢s character at the end of Act Three. Ã¢â¬Å"I have existed merely to perform tricks for you, Torvald. But you wanted it like that. You and father have committed a great sin against me. It is your fault that I have made nothing of my life. Our home has been nothing but a playroom. I have been your doll-wife, just as at home I was papaÃ¢â¬â¢s doll-child; and here the children have been my dolls. I thought it great fun when you played with me, just as they thought it great fun when I played with them. That is what our marriage has been, Torvald.Ã¢â¬ She realizes her life has been a performance and she has acted the part of the happy, child-like wife for Torvald and for her father. Nora sees that her father and Torvald pressured her to behave a certain way and recognizes it to be Ã¢â¬Å"great wrongÃ¢â¬ that stifled her development as an adult and as a human being. She has made Ã¢â¬Å"nothingÃ¢â¬ of her life because she has existed only to please men. Following this realization, Nora leaves Torvald in order to make something of her life and becomes independent of other people. Nora has an underlining care for her husband because she reacts abruptly when Nils tries to blackmail her. She understands how important appearance is for Helmer but she resents the way heÃ¢â¬â¢s been treating her. Ã¢â¬Å"How painful and humiliating it would be for Torvald to know that he owed me anything! It would upset our mutual relations altogether.Ã¢â¬ (Ibsen p.9) Ã¢â¬Å"You donÃ¢â¬â¢t talk or think like the man I could bind myself to. When your first panic was over Ã¢â¬â not about what threatened me, but about what might happen to you Ã¢â¬â and when there was no more danger, then, as far as you were concerned, it was just as if nothing had happened at all. I was simply your little songbird, your doll, and from now on you would handle it more gently than ever because it was so delicate and fragile. At that moment, Torvald, I realized that for eight years IÃ¢â¬â¢d been living her with a strange man and that IÃ¢â¬â¢d borne him three children. Oh, I canÃ¢â¬â¢t bear to think of it Ã¢â¬â I could tear myself to little pieces!Ã¢â¬ Bibliography A DollÃ¢â¬â¢s House Ibsen, Henrik. Global Classics, 1879.
Tuesday, August 13, 2019
The United States on the World Stage - Essay Example Successful as these programs were for America during its time, one cannot help but wonder as to whether things would have turned out for the better or worst for America if these programs had not been successfully implemented. Let's start with a look at the era of Ã¢â¬Å"ReaganomicsÃ¢â¬ and what America might have been like had it not been implemented at all. Reaganomics was based on the program of governance that balance the national budget and created savings for the country by implementing 4 basic steps: Ã¢â¬Å"(1) Cut tax rates to restore incentives for economic growth , (2) Spending reductions , (3), Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value. (4) Deregulation, which saved consumers an estimated $100 billion per year in lower prices. Ã¢â¬Å" (Ferrera,2011) The system worked in the 80's for the American population and the budget cuts resulted in a surplus of treasury savings which the Clint on administration inherited. It prevented the downward spiral of the economy and allowed the treasury time to recover and earn the taxes needed to cover the national debts (Ã¢â¬Å"The Second American Revolution: ReaganomicsÃ¢â¬ ). ... Life became harder for everyone under Reaganomics while before it was implemented, life was alright for most American families. There are those who believe that if Reaganomics had not been implemented, the United States would have gone one of two ways, died economically due to the cost of inflation and the eventual inability of the United States to pay its debts or, continued on its Ã¢â¬Å"life is still affordableÃ¢â¬ trend that the typical American family was experiencing. Maybe the time of single income families sending their kids off to affordable colleges and universities would still be norm these days instead of student loans and a generation of high school graduates who can't afford college. That is if the taxes were continuing to become higher in rates would eventually stop rising and increasing the costs of basic goods. So maybe, just maybe, the country is somehow better off than if Reaganomics did not exist. Otherwise, the public would not know that there is another way o f cutting the debt and balancing the national budget than the constantly increasing government revenue collections that the Obama administration strongly advocates. Then we have the Ã¢â¬Å"End of the Cold WarÃ¢â¬ to consider. The end of the cold war marked a sort of unification in Europe that allowed tensions between the democratic and socialist European countries to find a platform of peace and camaraderie with one another (Mearshimer, 1990). However, it would seem that the unification of Europe under the Euro, which would not have happened had the cold war not ended, has resulted in more problems for the united European economy that expected. Pres. Ronald Reagan is viewed by the Americans as the man who brought peace to Europe and ended the cold war.