Monday, August 12, 2019

Presentation on Propaganda Essay Example | Topics and Well Written Essays - 500 words

Presentation on Propaganda - Essay Example They have been and are applied to other people, groups, gangs, tribes, colleges, political parties, neighborhoods, and states, sections of the country, nations, and races." (Institute for Propaganda Analysis, 1938) DISCUSSION: Although name-calling could be interpreted as trivial, name-calling is the basis upon which many instances of [propaganda is based The premise behind the name-calling and the beliefs associated with these names is in most instances fueled by propaganda. THE PSYCHOLOGICAL EFFECTS OF PROPAGANDA IN RELATION TO TOTALITARIANISM: Propaganda can evoke varying degrees of psychological effects that depend on interpretation of the propaganda as can be seen in the example involving names that we discussed earlier in the presentation. The psychological effects of propaganda in relation to totalitarianism are complex. It is important to remember that in relation to totalitarian propaganda works most successfully when it I psychologically effects the masses. Ellul elaborates on that premise by pointing out "when propaganda is addressed to a crowd, it must touch each individual in that crowd, in that whole group. To be effective, it must give the impression of being personal, for we must never forget that the mass is composed of individuals, and is in fact nothing but assembled individuals.

Sunday, August 11, 2019

Sex and Violence in Popular Culture Research Paper

Sex and Violence in Popular Culture - Research Paper Example The paper focuses on the influence of popular culture on the controversial societal issues like sex and violence. Before going on the discussion, the terms sex, violence and popular culture will be defined first as the meanings contribute to the understanding of the subject matter. Sex is usually equaled to gender as they are interchangeably used in everyday conversations. In reality, sex and gender are different. The former relates to physiological characteristic as the latter is a social concept. Sex is also an act that shows physical contact for procreation. Gender depends upon sets of social norms affected by culture and tradition that set apart males from females (Wilson 1-2). The other term to define is violence. Violence responds to conflict as harm is afflicted physically, emotionally or mentally on other people as a result of human action. Violence includes social injustices such as racism and poverty (Daoust 290). Both of them are linked to popular culture. Popular culture deals with the everyday living of people as the theme reflects the lives of the common people (Browne 5). The study deals with the negative effects of the prevailing images shown by the popular culture to the increasing cases of sex and violence as the two societal problems occur in the recent years in response to what the majority people believe. As people throughout their lives seek for learning about the world and its meanings, interactions happen as the humans in the society share experiences. People have roles to play in their lives as the society dictates as standards and acceptable behavior. The roles do not have strict and rigid boundaries as people can have various roles that show flexibility. People can take charge of their lives and choose particular roles to play. Play is important in socialization and building of the personalities of people as personalities affect the roles that people play. In terms of personality traits, the gender is also affected. Nowadays the avail ability of television programs and video games are widely used by people for information and relaxation. Such popular media affect the roles of women as the video games portray women maintaining beauty and men protecting women even with the use of violence (Dietz 425-426). The portrayals in videogames become very blatant as more people, the young and the old make use of the high technology games for their relaxation. Video games pose hazards in the view and existence of sex and violence as they portray women as sex objects and men as aggressive in nature. The games also show some gender inequality as women are underrepresented in games according to several video game magazines used in the studies done by Dill and Thill. Both the magazines and the games featured there make use of stereotypes in portraying masculinity and femininity like scanty clothes for female characters and brutal weapons for male characters (Dill and Thill 858-859). Stereotypes generalize the categories for showi ng what men and women must be and what they must be not. In reality, it would be impossible to make use of those stereotypes as people are different from one another. Violence and sex were also seen in a particular videogame called Grand Theft Auto: San Andreas as the protagonist or the controllable in-game character is an African-American who encounters racism, violence, sex and all other societal problems on his way home. Black males were

Saturday, August 10, 2019

Viruses, Mononucleosis, Immune system Research Paper

Viruses, Mononucleosis, Immune system - Research Paper Example Unlike all living things, viruses are not cells. They are called parasites because they cannot do anything without a host and cannot carry out their own life functions just like what a cell does. In order for viruses to cause harm to its target host, viruses must invade and manipulate the living cell in order to replicate or copy their own genetic material (Goldstein, 4). Some viruses can only infect certain type of organisms because of lapses in the immune system’s defense mechanism. Mononucleosis Infectious Mononucleosis (Mono) or Kissing’s Disease is caused by the Epstein-Barr virus that infects the cells of the throat and the immune system (Decker, Hecht, Babcock, 8). Patient with this condition has elevated mononuclear cells and the virus will always be in the patient’s body, shedding it periodically in the saliva. It is also referred as the Kissing’s Disease because the primary mode of transmission is through kissing or sharing of utensils (Gedatus, 6). Infectious mononucleosis, however, cannot be transmitted through air. The incubation period, (the time from exposure to the disease to the development of symptoms) varies with regards to age. An adult takes 4-6 weeks for the symptoms to develop while children and adolescents take only 7-14 days (Gedatus, 11).

Friday, August 9, 2019

Law - Civil Procedure (Hong Kong) Essay Example | Topics and Well Written Essays - 1500 words

Law - Civil Procedure (Hong Kong) - Essay Example James (1854) 5 De G.M. & G. 876 and its brethren (Novello v. James (1854) 5 De G.M. & G. 876). This undertaking is not given to the party against whom the injunction is sought, but to the court who is overseeing the proceedings from which the injunction came (Zuckerman, 1994, p. 546). The reason that the plaintiff has to give this undertaking is in the event that either the injunction is dismissed for any reason, or that the defendant wins in a trial on the merits. In either of those cases, it must be shown that the defendant was kept from exercising his or her lawful rights, and was harmed by this. Therefore, the money given as an undertaking must be equivalent to what monetary damage that the defendant would experience because of this loss of rights. This undertaking is a safeguard for defendant’s rights, as the court is sworn to give both parties equal treatment, and it is a matter of â€Å"elementary fairness† that this undertaking is given (Kirklees Borough Council v. Wickes Building Supplies Ltd. [1991] 3 W.L.R. 985). However, the entitlement to damages is not independent of the undertaking (Fletcher Sutcliffe Wild Ltd. v. Burch [1982] F.S.R. 64), and whether or not the defendant is entitled to the undertaking is not decided by the material event, such as the injunction being dismissed or the defendant prevailing on the merits, but, rather, is a discretion of the court (Attorney General v. Albany Hotel Co. [1986] 2 Ch. 696). This discretion is not limited in any way (Cheltenham and Gloucester Building Society v. Ricketts [1993] 1 W.L.R. 1545. This means that the court does not necessarily have to grant the defendant the damages that have been deposited, even if the defendant prevails on the merits and even if the injunction is dismissed, and this discretion about whether or not to award the defendant is essentially unbridled. This brings up the question of what the undertaking is meant to compensate. The injunction usurps the defendantâ€⠄¢s rights in some way, and this is a harm that is suffered by the defendant. For instance, perhaps the defendant is enjoined from keeping open his business after he has already opened it, because the plaintiff seeks an injunction based upon the fact that defendant is, say, operating a business that is not zoned for a particular area. As it turns out, the zoning for the area is proper, and the existence of the business in this area is also proper. Yet Defendant has now lost several days or even weeks of business. This is a clear harm to the defendant, yet the court does not have to award the defendant the undertaking if the court deems this to be fit, and this discretion is not limited, therefore the defendant probably could not prevail on an appeal on the matter, as appeals courts are loathe to interfere with judicial discretion. This is obviously an injustice, but, since an undertaking is not a function of tort, criminal or contract law, it is difficult to classify it, so it is di fficult to state what is proper when examining judicial discretion on the issue. One clear way that the defendant may get the undertaking would be when it is clear that the injunction should never have been granted (Norwest Holst Civil Engineering Ltd. v. Polysius [1987] CA Transcript 644. However, there is a difficulty in ascertaining when an injunction should

Thursday, August 8, 2019

Business Process Change Assignment Example | Topics and Well Written Essays - 250 words

Business Process Change - Assignment Example They have the original concept of a product. The inputs are the resources needed for successful production. Inputs include information or materials used by the process to produce the desired goods. The inputs are subjected to a process of value addition. The outcome or the completed product is the output delivered to the consumers. The product or output is the result of a combination of inputs and the process. Consumers initiate the process by ordering products. They are responsible for stimulating demand for the product. The situation implies that consumers are the most important part of the process. Customers buy the final products and thus finance the whole process. In essence, the business cannot exist without customers. It is thus important to maintain healthy relationships. In conclusion, a business process outlines the basic steps that are taken from the time a customer makes an order to the time the order is supplied. As noted, the process has five basic entities that include suppliers, inputs, process, output and customers (Harmon, 2007). The customers usually initiate the process through demand; hence, the business must strive to ensure that the customers.

Wednesday, August 7, 2019

Discussion About The Sex Industry Essay Example | Topics and Well Written Essays - 2000 words

Discussion About The Sex Industry - Essay Example Criminalization of prostitution renders the women and girls who engage in the practice vulnerable. Legalizing prostitution would make it easier for prostitutes to report criminal acts against them- especially being sexually assaulted. Prostitutes seek assistance from pimps to make up for contractual and legal help, which is denied them; pimps protect them from their customers and police. Majority of prostitutes are constantly faced with the high threat of rape and violence. One research findings indicate that on average, a prostitute is raped an average of 31 times annually. Since prostitution is a criminal offense subject to arrest and prosecution, hardly any prostitute reports such violations perpetrated to them, and even when they do the authorities fail to take them seriously or to follow up and act on the case urgently and professionally as they would with other women not engaged in prostitution. For instance, reports indicate that only four percent of women prostitutes who are violated or assaulted ever report the crime. Legalization of prostitution would get rid of the pimps and others, such as clients and purveyors, who exploit and violate those in the prostitution enterprise.Legalization of prostitution would conversely mean government regulation, taxation and a number of laws to regulate the profession. Many prostitutes would not be supportive of this. Without the government control, most prostitutes enjoy a great deal of independence; a prospect that would be taken away by the legalization of prostitution.... Legalizing prostitution would make it easier for prostitutes to report criminal acts against them- especially being sexually assaulted. Prostitutes seek assistance from pimps to make up for contractual and legal help, which are denied them; pimps protect them from their customers and police. Majority of prostitutes are constantly faced with high threat of rape and violence. For instance, one research findings indicate that on average, a prostitute is raped an average of 31 times annually (Spector 17). Since prostitution is a criminal offence subject to arrest and prosecution, hardly any prostitute reports such violations perpetrated to them, and even when they do the authorities fail to take the seriously or to follow up and act on the case urgently and professionally as they would with other women not engaged in prostitution. For instance, reports indicate that only four percent of women prostitutes who are violated or assaulted ever report the crime (Spector 21). Legalization of pr ostitution would get rid of the pimps and others, such as clients and purveyors, who exploit and violate those in the prostitutionenterprise. Legalization of prostitution would conversely mean government regulation, taxation and a number of laws to regulate the profession. Many prostitutes would not be supportive of this. Without the government control, most prostitutes enjoy a great deal of independence; a prospect that would be taken away by legalization of prostitution.Legalization would mean fixed working areas- the so-called red-light districts, registration as prostitutes, taxes and other levies charged by the government or various authorities such as local municipalities. The registration could expose the woman and

Tuesday, August 6, 2019

The Effects of Government Intervention Essay Example for Free

The Effects of Government Intervention Essay What is the government? What is the role of the government? How does the government influence the economy? What can we say about the effects of the government influence in Romania? These are some of the questions that we  will try to answer during our case of study. We are citizens of a society, and our society is based on proper rules enacted and enforced by the high powers of our states. We need to act responsibly and inform ourselves, as much as we can, regarding this problem. The people from the government, how did they get there? How is the government organized? How are they elected? By which criteria are these people elected? What are their attributes and what are their initiatives? We must know if they directly influence our lives, our economy! Taxes, import and export restrictions, tariffs, wholesale interest rates are only a part of the government’s duties to be established. Is the government’s money, in fact our money? And if they are our money, how do they spend it, on what, and why? These are some things that must concern us. And now, we should focus on our country, Romania, and, of course, on ourselves. Even though Romania is a country of considerable potential in most of the fields, its economy is very fragile. Our economy is strong related to the European economy, and some of these connections between our economy and the international economy are made by the government. Most of the people tend to blemish the president, the government, the parliament etc. for the fragility of our economy, and to us it might seem not to work, but we have to bear in mind that this is the effect of the whole nation’s actions and of the world’s as well. In the pages that follow we presented subjectively and objectively our ideas concerning the effects of the government’s influence on Romania’s economy, starting with explaining that is the government and which is the government’s role in the economy. The Government Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized. Government is the means by  which state policy is enforced, as well as the mechanism for determining the policy of the state. A form of government, or form of state governance, refers to the set of political institutions by which a government of a state is organized. Synonyms include regime type and system of government. The word government is derived from the Latin verb gubernare, an infinitive meaning to govern or to manage. The Government is the public authority of executive power that functions on the basis of the vote of confidence granted by Parliament, ensures the achievement of the countrys domestic and foreign policy and that exercises the general leadership of public administration. The Government is appointed by the President of Romania on the basis of the vote of confidence granted to the Government by Parliament. Objectives The Government has the role of ensuring balanced functioning and development of national economic and social system, and its connection to the world economic system while promoting national interests. The Government is organized and operates in accordance with constitutional provisions, on the basis of the Government program approved by Parliament. Organization The Government consists of Prime Minister and Ministers. Prime Minister leads the Government and coordinates the activities of its members, in compliance with their legal duties. The working apparatus of the Government is composed of the working apparatus of the Prime Minister, Secretariat General of the Government, departments and other similar organizational structures with specific tasks set by Government Decision. Legislative process The Government adopts decisions and ordinances. Decisions are issued for law enforcement organization. Ordinances are issued under a special enabling law, within the limits and conditions specified by it. The decisions and ordinances adopted by the Government are signed by Prime Minister, countersigned by the Ministers who are duty bound to implement them and are published in the Official Gazette. The non publication entails the absence of a decision or ordinance. Decisions with military character shall be conveyed only to the institutions concerned. Legislative initiatives The following public authorities have the right to initiate draft public policy documents and draft legislative acts for adoption / approval by the Government, according to their tasks and activity field: Ministries and other specialized bodies of central public administration, subordinated to the Government, and autonomous administrative authorities; specialized bodies of central public administration subordinated or coordinated by Ministries, by the Ministries under whose subordination or coordination they are; Prefects, county councils, the General Council of Bucharest, according to the law, through the Ministry of Interior and Administrative Reform. Governments Role in the Economy While consumers and producers make most decisions that mold the economy, government activities have a powerful effect on the Romanian economy in at least five areas. Stabilization and Growth. Perhaps most importantly, the federal government guides the overall pace of economic activity, attempting to maintain steady growth, high levels of employment, and price stability. By adjusting spending and tax rates (fiscal policy) or managing the money supply and controlling the use of credit (monetary policy), it can slow down or speed up the economys rate of growth in the process, affecting the level of prices and employment. The government could affect the economy in multiple ways, but the most common changes that can be made to influence the economy are: (1) Taxes; (2) Import Restrictions; (3) Wholesale Interest Rates; and (4) Government Speeding. TAXES Taxation understandably affects the economy by redistributing money from consumers and producers to the government coffers. The higher the tax, the less people have to spend, the less aggregate demand [total demand] there is in the economy. IMPORT RESTRICTIONS When a country uses protectionism to shield domestic producers from their own inefficiency and inability to compete with foreign firms, they may enact quotas or tariffs. A quota is when there is a maximum amount of a good that can be imported into the country, where imports that exceed the limit have either the responsible parties prosecuted for breaking the law or the goods being turned away. Tariffs are when the price of imports is artificially inflated with a tax, in order to make them less attractive to consumers that are price sensitive. The higher the quotas and tariffs, the higher the prices of those penalised goods in the economy, which in turn will negatively affect aggregate demand. WHOLESALE INTEREST RATES Wholesale interest rates are the rates at which the central bank loans out money to retail banks, which in turn loan out their money to consumers and producers at a higher rate (the difference, in a very basic sense, is their profit margin, or revenue minus costs). If the wholesale interest rates are increased, then retail banks must also increase their rates, otherwise their business would become less profitable (or unprofitable). For large purchases, producers (e.g. investments) and consumers (e.g. buying a home) need loans, since they do not have sufficient cash on-hand. Interest rates are effectively the price of borrowing money and hence affects the Consumption and Investment components of GDP (Consumption + Investment + Govt. Spending + Net Exports). (A small caveat, however, that central banks are created by legislation but are not run by government their actions are independent of politicians agendas.) GOVERNMENT SPENDING Government Speeding (revenues taken from taxes, mentioned above) creates what is known as the Spending Multiplier. When the government consumes, called Government Spending, it is demanding goods and services in the economy. However, that demand in turn generates more demand than a single consume, because of not only the size of the demand (the government has a lot more money than you do) but also the type of demand (e.g. building infrastructure benefits everybody, as opposed to building a private mansion); government spending affects aggregate demand. The spending  multiplier, or how much additional demand is generated from each dollar of government spending, is calculated as follows: Change in Equilibrium divided by Change in Investment. Case Study – Romania Romania is a country of considerable potential: rich agricultural lands, diverse energy sources (coal, oil, natural gas, hydro, and nuclear), a substantial industrial base encompassing almost the full range of manufacturing activities, an educated work force, and opportunities for expanded development in tourism on the Black Sea and in the Carpathian Mountains. The Romanian Government borrowed heavily from the West in the 1970s to build a substantial state-owned industrial base. Following the 1979 oil price shock and a debt rescheduling in 1981, Ceausescu decreed that Romania would no longer be subject to foreign creditors. By the end of 1989, Romania had paid off a foreign debt of about $10.5 billion through an unprecedented effort that wreaked havoc on the economy and living standards. Vital imports were slashed and food and fuel strictly rationed, while the government exported everything it could to earn hard currency. With investment slashed, Romanias infrastructure fell behind its historically poorer Balkan neighbours. Since the fall of the Ceausescu regime in 1989, successive governments sought to build a Western-style market economy. The pace of restructuring was slow, but by 1994 the legal basis for a market economy was largely in place. After the 1996 elections, the coalition government attempted to eliminate consumer subsidies, float prices, liberalize exchange rates, and put in place a tight monetary policy. The Parliament enacted laws permitting foreign entities incorporated in Romania to purchase land. Foreign capital investment in Romania had been increasing rapidly until 2008, although it remained less in per capita terms than in some other countries of East and Central Europe. Romania was the largest U.S. trading partner in Eastern Europe until Ceausescus 1988 renunciation of most favoured nation (MFN, or non-discriminatory) trading status resulted in high U.S. tariffs on Romanian products. Congress approved restoration of MFN status effective November 8, 1993, as part of a new bilateral trade agreement. Tariffs on most Romanian products dropped to zero in February 1994, with the inclusion of Romania in the Generalized System of Preferences (GSP). Major Romanian exports to the U.S. include shoes, clothing, steel, and chemicals. Romania signed an Association Agreement with the European Union (EU) in 1992 and a free trade agreement with the European Free Trade Association (EFTA) in 1993, codifying Romanias access to European markets and creating the basic framework for further economic integration. At its Helsinki Summit in December 1999, the European Union invited Romania to formally begin accession negotiations. In December 2004, the European Commission concluded pre-accession negotiations with Romania. In April 2005, the EU signed an accession treaty with Romania and its neighbour, Bulgaria, and in January 2007, they were both welcomed as new EU members. Romania suffered through a deep economic recession beginning with the 2008 global financial crisis, but should return to positive if very modest growth by the end of 2011. Due to rapidly deteriorating economic conditions, a ballooning budget deficit, and large external imbalances, the Romanian Government was forced to conclude a 2-year, $27 billion financial assistance package with the International Monetary Fund (IMF), the European Commission, and the World Bank in March 2009. Under the terms agreed with the IMF, the Romanian Government embarked on a difficult austerity program to reduce the budget deficit, cut public sector employment, and restructure local and national government agencies. Austerity measures included a 25% cut in public sector wages, a hike in the national value added tax (VAT) rate from 19% to 24%, and thousands of layoffs. GDP declined by 7.1% in 2009 and a further 1.3% in 2010, but the government succeeded in meeting IMF-agreed deficit targets despite strong op position to the austerity measures from labour unions. In late 2010 and early 2011 the government also pushed several important pieces of reform legislation through Parliament, including  pension reforms, an overhaul of public sector pay systems, and modernization of the labour code. The final IMF review under the 2009 agreement, conducted in February 2011, declared the agreement a â€Å"success† in stabilizing the economy and setting the stage for a return to growth. A new 2-year â€Å"precautionary† agreement between Romania and the IMF, effective March 2011, focuses on deepening structural reforms and restructuring or privatizing unprofitable state-owned enterprises. Privatization of industry was first pursued with the transfer in 1992 of 30% of the shares of some 6,000 state-owned enterprises to five private ownership funds, in which each adult citizen received certificates of ownership. The remaining 70% ownership of the enterprises was transferred to a state ownership fund. With the assistance of the World Bank, European Union, and IMF, Romania succeeded in privatizing most industrial state-owned enterprises, including some large state-owned energy companies. Romania completed the privatization of the largest commercial bank (BCR) in 2006. Two state-owned banks remain in Romania, Eximbank and the National Savings Bank (CEC), after an attempt to privatize CEC Bank was indefinitely postponed in 2006. Four of the countrys eight regional electricity distributors have now been privatized. Privatization of natural gas distribution companies also progressed with the sale of Romanias two regional gas distributors, Distrigaz Nord (to E.ON Ruhrgas of Germany) and Distrigaz Sud (to Gaz de France). Further progress in energy sector privatization has been delayed as the government is contemplating the creation of two integrated, state-owned energy producers. However, this â€Å"bundling† scheme has been challenged in court and is also under review by the Romanian Competition Council and by competition authorities at the European Commission. Romania has a nuclear power plant at Cernavoda, with one nuclear reactor in operation since 1996 and a second one commissioned in the fall of 2007. The return of collectivized farmland to its cultivators, one of the first initiatives of the post-December 1989 revolution government, resulted in a short-term decrease in agricultural production. Some four million small parcels representing 80% of the arable surface were returned to original  owners or their heirs. Many of the recipients were elderly or city dwellers, and the slow progress of granting formal land titles remains an obstacle to leasing or selling land to active farmers. Financial and technical assistance continues to flow from the U.S., European Union, other industrial nations, and international financial institutions facilitating Romanias reintegration into the world economy. The IMF, World Bank, European Bank for Reconstruction and Development (EBRD), and European Investment Bank (EIB) all have programs and resident representatives in Romania. U.S. Agency for International Development (USAID) programs were phased out completely in 2008, except for Small Project Assistance Grants, which are still available through the Peace Corps. According to the National Office of the Trade Register, which measures foreign direct capital registered and disbursed to firms, between 1990 and November 2010 Romania attracted a total of $37.91 billion in foreign direct investment, of which the U.S. represented 2.59%. The actual level of U.S. investment, however, is underreported as much of it flows to Romania through European subsidiaries of U.S. companies. After years of consistently high inflation in the 1990s, Romanias inflation rate steadily decreased through 2004, only to rise again along with high GDP growth rates of 4% to 8% through 2008. The deep recession beginning in late 2008 dramatically reduced inflationary pressures, but the VAT tax hike from 19% to 24% imposed in mid-2010 reversed that trend and pushed prices higher. Stoked also by rising global food and energy prices, inflation hit an annualized rate of 8% at the end of 2010, the highest in the EU. The IMF has been critical of Romanias low rate of tax collection and poor enforcement mechanisms as a medium- to long-term impediment to growth. Tax arrears are slightly decreasing, but Romania still has one of the lowest percentages in the EU of revenues collected, at 33% of GDP in 2010. The current account deficit had been a concern, as it reached 13.6% of GDP in 2007 and 12.4% of GDP in 2008. However, due to the recession, the current account deficit dropped to 4.2% of GDP in 2010. Deteriorating education and health services and aging and inadequate physical infrastructure continue to be seen as threats to future growth. Sometimes a picture is worth a thousand words Conclusion As a conclusion we can say that government’s intervention in the economy can have both a positive and a negative influence on the market. Government intervention does not always end up the way it was intended or the way in which economist’s theories say it would. A fascinating part in the study of Economics is that the law of unintended consequences often comes into play – events can affect a particular policy, and consumers and businesses rarely behave precisely in the way in which the government might want! We will consider this in more detail when we consider government failure. One important thing to remember is that the effects of different forms of government intervention in markets are never neutral thus financial support given by the government to one set of producers rather than another will always create winners and losers. Taxing one product more than another will similarly have different effects on different groups of consumers. A concret example of too much government intervention is the following. Let’s assume that in a time of recession, a government makes and agreement with the banks to lower interest rates and people will start buying houses and other goods on loan. As time goes by, government debt also rises and thus they will be obliged to print out their own money. Printing their own money has a negative impact on the inflation rate and money value will go down. Also, after the recession, the interest rates will go up again and people will end up losing their previously bought goods. Nevertheless in most cases, the government’s intervention proved to be efficient and actually helped the market economy. It all depends on the people that take the decisions and they need to take into consideration any factors that can influence the result of their decision. The European Union provides me the best opportunity to connect with people Europe and to develop my ability of communication. I think is very important to get in touch with different people from different cultures and different countries.