Monday, May 25, 2020
The Themes Of Death And Death - 1282 Words
Cambridge Hinds Big Question Paper The Meaning of Death The themes of life and death are used frequently throughout many ancient and modern stories, and specifically, thoughts on death and what it means differ from author to author, time period to time period, and circumstance to circumstance. Many works of ancient literature address the meaning of death directly; examples include the drama Medea by ancient Greek playwright Euripides in 431 BCE, and the Decameron by Italian Giovanni Boccaccio in around 1353. As well as being popular themes in ancient literature, however, death is used for significant meaning in modern novels, movies, TV shows, and other forms of storytelling and entertainment. A good example of this is the movie The Book of Life, directed by Jorge R. Gutierrez. Dictionary.com defines death as: ââ¬Å"...the total and permanent cessation of all the vital functions of an organism.â⬠In many religions, death is a transition from this world to another, whether it be for better or worse. In our modern western society, death has many different views; it can be a bittersweet occasion as well as a tragic one, depending on circumstances. As seen in Medea, the Decameron, and The Book of Life, death always means an end to life, and an ultimate severance from the living. However, these texts provide very different views of death, as well. Respectively, it means tragic revenge, a feared end, and reconciliation as well as separation. In the tragedy Medea, death is central toShow MoreRelatedTheme Of Death In Death Of A Salesman1102 Words à |à 5 PagesDeath is often seen as a frightening and dreadful reality that everybody must face. Many people believe that suicide is a selfish and cold-hearted action. What about somebody who commits suicide for the benefit of others? Arthur Miller depicts this harsh actuality in the play ââ¬Å"Death of a Salesmanâ⬠. Miller experienced and overcame loss and devastation throughout his life. By experiencing these hardships, he created a heartfelt collection of literature that became iconic over time. ââ¬Å"Death of a Salesmanâ⬠Read MoreThe Theme Of Death In Slaughterhouse Five And Death1656 Words à |à 7 PagesSlaughterhouse-Five and Death Thereââ¬â¢s a recurring theme throughout Slaughterhouse-Five by Kurt Vonnegut which permeates throughout the story from beginning to end. Itââ¬â¢s the idea that death is just that. Death. One can argue that Vonnegut attempts to desensitize death through the Billy Pilgrim and the Sci-Fi story of the Tralfamadorians, but what if he is instead using these examples in order to justify the exact opposite idea? By planting us into Billy Pilgrimââ¬â¢s surreal and insane story filledRead MoreThe Theme Of Death And Death In Shakespeares Hamlet862 Words à |à 4 Pagesleads to his death. The use of death in storytelling offers many pathways to character development and can also carry the theme of the story. Many stories can also be centered around death. In the story of Hamlet, the story begins with the young prince depressed about the death of his father. Prince Hamlet was ordinary boy just like any other. He was a smart and clever young man and was probably very kind to have many friends and a girlfriend, but after the news of his fatherââ¬â¢s death, he had changedRead MoreThemes in Poetry: Death761 Words à |à 4 PagesThemes in Poetry: Death There are many frequently occurring ideas in poetry. The basic message of a poem is called a theme. All poems have a certain theme that they revolve around, such as love, nature, life, and confusion. In different poems by different poets, the same themes correlate with each other because they all revolve around the same subject matter. Although seen through different angles and viewpoints, the same message is present and intertwined within the poems. One of the mostRead MoreTheme Of Death In Beowulf1097 Words à |à 5 Pagesthat the poem is bookended with two very meaningful deaths. At the beginning of the poem the death of Scyld Sheafson, founder of the Scyldings, and towards the end the death of our hero, Beowulf. However, it is quite ironic that this poem is very much a celebration of a heroic life, one that encompasses glory, strength, and bravery. This contrast of celebrating life and the prevalent nature of death in the poem begs me to ask a question: is death necessary in t his society, and is the narrative essentiallyRead MoreHamlet Theme Of Death1278 Words à |à 6 PagesBeyond the Wall of Death (A analysis of the theme of death in Hamlet, Acts 3-5) ââ¬Å"The undiscovered country, from whose bourn No traveller returns, puzzles the will,â⬠(Shakespeare 144 Act 3 scene 1 lines 86-87). The question that still plagues humanity today. What is after death, where do we go? No one of this earth can answer this question. In the play Hamlet, by William Shakespeare, the theme of death is one of the main themes of this famous play. The theme of death continues throughout the entireRead MoreThemes Of Death Of A Salesman1286 Words à |à 6 PagesA Blanketed Illusion Death of a Salesman is a tragicomedy centered on the events that take place at the end of Willy Lomanââ¬â¢s life. From the opening act, we learn that Willy and his family struggle to behave as a united front when they face financial pressures and strained familial bonds. This causes Willy to become desperate for success and validation. Death of a Salesman has commonly been interpreted as an analysis of the American dream. Within the ideal American society, citizens believe that theRead MoreTheme Of Death In Beowulf952 Words à |à 4 PagesEvery man must expose himself to the reality that death is unescapable. There is no amount of human strength, shiny armor nor treasured sword that can always prevent the inevitable. Any character in literature that is being portrayed immortal is fiction. Beowulf as often as not regards himself as the one who can conquer all. Beowulf like others is ignorant towards his own mortality. Even though, Beowulf is successful in his earliest battles he still remains careless to the understanding that heRead MoreTheme Of Death In Eveline2012 Words à |à 9 PagesDeath comes up in every good story one way or another. Every novel or story that is a well known classic has some type of death in it whether the main characterââ¬â¢s parent dies, the main character dies, and so forth. So authors want to have a good selling book so they are going to incorporate death in the story. James Joyce, the author of ââ¬Å"Evelineâ⬠, throws death into the story more than once. Evelineââ¬â¢s mother dies, Tizzie Dunn dies and Evelineââ¬â¢s love dies, therefore death plays a humongous part ofRead MoreThe Theme Of Death In Arthur Millers Death Of A Salesman1064 Words à |à 5 PagesDeath is often seen as a scary and dreadful reality that everybody must face. Suicide is perceived as selfish and cold-hearted by many. What about somebody who commits suicide for the greater good? This harsh actuality is depicted in the play ââ¬Å"Death of a Salesmanâ⬠by Arthur Miller. Miller overcame loss and devastation and created a heartfelt collection of literature that became iconic. ââ¬Å"Death of a Salesmanâ⬠unveils the unfortunate reality that many households experience of chaos disrupting harmony
Thursday, May 14, 2020
Mexico City s Sheer Size - 1570 Words
Mexico Cityââ¬â¢s history contains many different identities experienced by both the people and government. The cityââ¬â¢s sheer size poses many challenges when it comes to governing and representation of each individual. Often, government officials are not elected but appointed to represent the citizens of Mexico, causing many conflicts of interest (Perlman and Guadarrama 144-145). Mexicoââ¬â¢s history is one of constant identity shifts. According to Mexican anthropologist Guillermo Bonfil Batalla, Mexico has often been in opposition between two groups, those of ââ¬Å"Mesoamerican originâ⬠and those groups with their own visions of ââ¬Å"Western civilizationâ⬠(Batalla 28). Opposing views of national identity contributed to the narrative around modernization in Mexico City. The view of modernization is one of looking to the future while holding onto the past; being technologically innovative yet holding on to cultural roots. In the 1960ââ¬â¢s, Mexicoââ¬â¢s desire to become a modern nation in the eyes of the world was therefore a stitching together of standards set by the rest of the modern world with Mexicoââ¬â¢s always-present heritage. When Mexico was awarded the Olympics, their government took advantage of their chance to compete on a global stage (Castaà ±eda 113). They began to take the necessary steps in preparation for their 1968 world debut; including the creation of architecture as one such innovation; for instance, Mario Paniââ¬â¢s housing complex, Conjunto Habitacional Urbano Nonoalco Tlatelolco. ThisShow MoreRelatedThe Perceived Nature Of Contemporary Urban Life Essay1029 Words à |à 5 PagesThe Perceived Nature of Contemporary Urban Life Many writers are wondering whether the increased scale and proportion of the cities are exceeding human capabil- ities to live under conditions of security and mutual sup- port and concern. Some feel the sheer scale of urban life is forcing individual identity to yield to anonymity, indifference, and narrow self-interest. Commentaries on the growing fear, powerlessness, and anger of urban resi- dents are numerous. Yet, even against the backdrop ofRead MoreThe Battle Of The Civil War1500 Words à |à 6 PagesGalveston. Preparations were secretly made for an expedition against the island. Two steamboats, the Neptune and Bayou City, on Buffalo bayou, were converted into cottonclads by erecting breastworks of cotton bales around their decks, and these were manned by Sibleyââ¬â¢s brigade, a body of tried troops, under command of Gen. H. H. Sibley, which had just returned from a campaign in New Mexico. Two other vessels, the Lucy Gwinn and the John F. Carr, were put into service as ten ders. On December 29, 1862,Read MoreOn The Dawn Of October 16Th, 1962, Began A 13-Day Standoff1196 Words à |à 5 Pagesnuclear power, the events that led up to the missile crisis, the thirteen days the missile crisis took place and the measures taken to stop nuclear war. On August 6th, 1945, the world got their first look at the sheer power and destruction atomic weapons were capable of. Los Alamos, New Mexico was the birthplace of the atomic bomb with Robert Oppenheimer as its father. The secretive Manhattan Project resulted in the production of the worlds first atomic bombs that ended the second world wars pacificRead MoreOn The Dawn Of October 16Th 1962 Began A 13 Day Standoff1196 Words à |à 5 Pagesnuclear power, the events that led up to the missile crisis, the thirteen days the missile crisis took place and the measures taken to stop nuclear war. On August 6th 1945 the world got their first look at the sheer power and destruction atomic weapons were capable of. Los Alamos, New Mexico was the birthplace of the atomic bomb with Robert Oppenheimer as its father. The secretive Manhattan Project resulted in the production of the worlds first atomic bombs that ended the second world wars pacificRead MoreDemocracy Is An Imperfect System1404 Words à |à 6 PagesState Bar of Texas. On the personal side, in 1987 she married Jeff Davis, who also adopted her daughter from the previous marriage. Together they had another daughter named Dru. Her political career began in 1996 when she was defeated in a Fort Worth city council election. She won in 1999 and kept the seat for nine years. In 2008 she was elected as the senator from district 10 (Fort Worth) defeating republican Kim Brimer. In 2014 Ms. Davis decided to run for state governor, instead of defending herRead More The Role of the Cartels, the United States and the Mexican Federal Government in the Drug War 2421 Words à |à 10 Pages The ââ¬Å"Drug Warâ⬠along the border of Mexico and the United States is one of the longest coordinated engagements of law enforcement (who have accepted the aid of the Mexican military) in both countriesââ¬â¢ history (Winslow, 2015). The history of this unofficial war is extraordinarily complicated; rife with both political and criminal players, violence, corruption, bad policy, and controversy. Its importance to America and Mexico cannot be underestimated, especially in its role in legislation, law enforcementRead MoreForeign Threats And Its Effects On The United States1787 Words à |à 8 Pagesthreat levels what has homeland security evolved into, and why is it important in Texas amongst the rest of the southern states that share a border with Mexico? With the combination of international airports, a large coastline, and a long stretch of border Texas can potentially be vulnerable from numerous foreign threats be cause of its sheer size and lack of oversight of many locations. Securing the nationââ¬â¢s borders has been a concept of interest for the federal and state government since the lateRead MoreThe Five Accommodation Options3172 Words à |à 13 Pageson 655 27th street, San Francisco CA 94131. It can be found in the peaceful and homely neighborhood of Noe Valley. According to Trulia.com, a real estate website: Fabulous, Art Deco, mid-century home. Main floor has large living room with partial city and bay views with picture window and fireplace. Updated kitchen has granite countertops and dishwasher and opens into light-filled dining room. Multiple skylights throughout bring in lots of natural light. Remodeled bath with Jacuzzi tub, custom tileRead MoreEffects Of Obesity On Unhealthy Food2501 Words à |à 11 Pagesprice increase. Subsequently, if an UFT was enacted in the US, the consumption of unhealthy foods would theoretically go down just like the soda consumption did in Mexico. A decrease in consumerism due to a tax has been observed in the US as well in the form of a cigarette tax. The trends gathered from the sugary beverage tax in Mexico suggested that a soda tax would work similarly to the cigarette tax in the US (Sanger-Katz 1). The cigarette tax was found to be effective in pushing down the salesRead MoreUnhealthy Food : Is A Tax On Food Acceptable?2539 Words à |à 11 Pagesprice increase. Subsequently, if an UFT was enacted in the US, the consumption of unhealthy foods would theoretically go down just like the soda consumption did in Mexico. A decrease in consumerism due to a tax has been observed in the US as well in the form of a cigarette tax. The trends gathered from the sugary beverage tax in Mexico suggested that a soda tax would work similarly to the cigarette tax in the US (Sanger-Katz 1). The cigarette tax was found to be effective in pushing down the sales
Wednesday, May 6, 2020
Healthcare Systems And Economy From A Small Community...
Healthcare has evolved over the last few centuries from a small community based healthcare system and economy to a multi-billion dollar industry that drives how Americans live their lives. Through healthcare, Americans are able to live now into their eighties and nineties. With medical advances, chronic conditions, such as congestive heart failure or chronic obstructive pulmonary disease, that at one time were debilitating and led to palliative care, are now conditions that can be managed with one to two medications. More importantly, with the knowledge America is now mindful of, these conditions can be prevented. Through decades and decades of medicine, America has become tremendously conscientious of health. As healthcare has evolved within the United States, billions of dollars and countless days have been put in by our forefathers to allow healthcare to be a right to the American population. Looking at other countries, their citizens do not have to pay for quality healthcare . It is given to them, as a right. In May, our country and president were scorned by the Cuban president, Raul Castro, for not allowing free education and healthcare for all sexes and ethnicities (Cubans tell Obama: healthcare is a human right, 2016). The question that strikes thought for Americans is how can other countries, such as Cuba, provide free healthcare to their citizens? Our country needs to focus on other countriesââ¬â¢ healthcare system framework and develop their own. CitizensShow MoreRelatedEvolution of Health Care999 Words à |à 4 PagesEvolution of Health Care Information Systems Nancy Glaz HCS/533 February, 4, 2013 Sean Kern Evolution of Health Care Information Systems The introduction of Health Information Systems (HIS) to the health care industry has changed the delivery and reimbursement services in the United States (US). The history of information systems (IS) has enhanced communication between patients, providers, and insurance providers. Prior to the information age, health care use a paper method to maintainRead MoreHealthcare Between Canada And The United States1240 Words à |à 5 PagesThis paper will compare the healthcare service and healthcare status between Canada and the United States. Canada and the United States have a totally different healthcare system. Many people argued that the United States healthcare system needs some upgrading, while, some people admire Canadaââ¬â¢s healthcare system due to the fact that Canadaââ¬â¢s healthcare does more for less. Research has shown that Canada spends less of itsââ¬â¢ GDP on itââ¬â¢s healthcare yet performs better than the United States. CanadaRead MoreChina s Cooperative Medical System1722 Words à |à 7 Pagescountry, maintaining an affordable healthcare system that is available to all of its citizens is crucial for its eventual success. Countless different countries have struggled to devise a way to provide health insurance to their citizens, and China is no exception. Ever since the collapse of Chinaââ¬â¢s Cooperative Medical System in the 1980ââ¬â¢s, rural citizens have struggled immensely to obtain affordable healthcare. This paper intends to examine Chinese healthcare reform from 2000 to 2005, mainly focusingRead MoreThe Government Structure Of Singapore Essay1613 Words à |à 7 Pagesto its small size and urban environment. It boasts a diverse culture and infrastructure that should not be overlooked. Some of the key variables to familiarize yourself with when analyzing this country are the government structure, military structure, economy, and the role of the physical environment. Learning what eth nicities, languages, religions, and social norms are present will aid in your integration into this country. Taking the time to understand how this country functions from the higherRead MoreReasons For Mergers And How They Are Reshaping And Impacting Health Delivery Essay1427 Words à |à 6 Pagesfive years due to the passage of federal healthcare reform legislation combined with other factors. It encourages that within the next few years; there will be a key period of merging for healthcare organizations. This term paper will observe the reasons for mergers and how they are reshaping and impacting health delivery. Introduction Hospitals all across America are merging. With tight restrictions as the uninsured population grows and concern as healthcare reform approaches, hospitals and physiciansRead MoreImplementing The Affordable Care Act1670 Words à |à 7 Pages Specific Country Goals: Cuban healthcare is a unique system that came about as a result of campaign promises from Fidel Castro in 1959. Although during Batistas rule doctors were well trained and respected, most all the countrys health services and facilities were located in concentrated population centers. The lack of access to rural farmers and families had created marked disparities between the two groups. However, as Fidel rose to power, his new state would act to provide free and accessibleRead MoreHealth Care Services Service Services856 Words à |à 4 PagesAt present, the services sector continues to experience increasingly large growth, which occupies a privileged position in the countryââ¬â¢s economy. The health service is situated in this part because of the essential services that it provides for individuals, community health and peoples. Furthermore, the health situation in a community presents an understandable picture of the extent of economic, social and cultural development, which is wh y countries aspire to make progress and to increase interestRead MoreEssay on Healthcare Anti-Trust1171 Words à |à 5 Pageshospital systems are experiencing an era of heavy consolidation, which include mergers and acquisitions and physician practice buy-outs. According to the Wall Street Journal, hospitals completed 86 merger and acquisition deals valued at $7.9 billion in 2011, which was the most in a decade. Like in other industries, this developing trend in hospital consolidations encourages price fixing and contributes to rising healthcare costs and excessive medical billing. In order to manage healthcare costs inRead MoreUniversal Healthcare: The Pros and Cons1293 Words à |à 6 Pages Universal Healthcare: The Pros and Cons On March 23, 2010 the Patient Protection and Affordable Care Act was signed by President Obama, raising the question for many of whether this new law was going to be more helpful or hurtful. With universal healthcare, healthcare coverage would be increased tremendously, costs would be reduced, jobs would be created, and consumers would be protected. Conversely, it will also raise taxes and wait times, lead to a smaller number of doctors, and infringe onRead MoreA Brief Note On Healthcare And The Economy1741 Words à |à 7 PagesHealthcare and the economy are in the midst of historic realignments. Community Health Nurses need to innovate and evolve if the community clinics are going to continue to serve our patients and remain an economic engine for the region. Doctorsââ¬â¢ offices have seen a revolution in the past quarter century. Outpatient visits have grown by two hundred percent. The center of the community is shifting away from the hospital. Outpatient care has replaced ho spital care, and outpatient care is being replaced
Tuesday, May 5, 2020
GDP Growth Rate- Business Economics Case Study
Question: Describe about the Business Economics for the Terms of GDP Growth Rate. Answer: Comparison of Australian and Indian economy in terms of GDP growth rate: Table: GDP growth rate of India and Australia YEAR AUSTRALIA GDP GROWTH RATE (%) INDIA GDP GROWTH RATE (%) 2006 3.0% 9.3% 2007 3.8% 8.6% 2008 3.7% 3.9% 2009 1.8% 8.5% 2010 2.0 % 10.3 % 2011 2.4 % 6.6 % 2012 3.6 % 5.1 % 2013 2.4 % 6.9 % 2014 2.5 % 7.3 % 2015 2.2 % 7.5 % 2016 3.0% - (Source: Data | The World Bank, 2016). Figure: Comparison of GDP growth rate (Source: Created by author) As per the diagram and table, it is visible that India is better in terms of GDP growth rate than Australia. This shows that the economic performance of India is better than that of Australia. GDP growth rate is the percentage change in the growth of the economy over a certain period. India is ranked in eighth position and Australia in eleventh position in terms of GDP growth rate. In 2008, the GDP growth rate of Australia and India as same while in 2012 when the GDP growth of Australia was rising the GDP growth rate of India was falling. However, after 2012 the GDP growth rate of both India and Australia is rising. The Gross domestic product is accounted for 1.45 trillion dollars and that of India is 2.07 trillion dollars in the world. Between India and Australia, India has the higher GDP growth rate. The GDP growth rate has been falling in Australia after 2013 while in India it is rising (Dholakia, 2015). The GDP growth is different for both the countries due to differences in the contours of the country and the economic condition. Management of the economy is also one of the factors for differences in the GDP growth rate. Reasons for the variation in the growth rates Various factors affect the GDP growth rate of a country. GDP growth rate depends on factors such as inflation rate, interest rate, unemployment rate, geographical areas, and regional areas. The average economic growth rate of Australia is 3.5 percent per year. The economic growth rate was increasing before 2012. This was so because the unemployment rate was low, public debt was low, the financial system was stable and the inflation rate was sustainable in nature. The economy experienced twenty years of continuous growth rate. The reason for growth in economy was high demand in Australian resources from Asia and China. The foreign investment had increased in the economy creating a channel for growth in the exports of the countries (Lewis, 2013). The revenue of the economy was high, due to which the economy grew positively. The service sector of the Australian economy is developed and contributes to seventy five percent of the GDP. The major part of the Australian population is engaged in service sector. The manufacturing sector showed negative growth due to the Australian dollar. Australia is rich in natural resources due to which the economy has benefited from trade and commerce. The country encourages free trade and has minimal restrictions on the imports. The financial crisis did not affect the economy due to the strong financial system in the economy (Meade, 2013). The average economic growth rate of India is 7 percent per year. India is a diverse economy where the entire population is engaged in various sectors and trade. Major part of Indias population is engaged in agriculture. Agricultural sector has the major contribution towards the economic growth. It is a mixed economy where both the private and government sector operate together. The dependency ratio is low while the youth population is high in the Indian economy. This is the major contributing factor for the growth in the Indian economy. Service sector is also a major contributor in the economic growth of the nation (Bhagwati et al., 2013). However, the economic growth began slowing in 2011 due to decrease in the government expenditure and low investment. There are many challenges that the economy faces. The growth rates of both the economies are different. Indias population is higher than that of Australia. The major part of the population in Australia is engaged in service sector while the major part of population is engaged in agricultural sector. This is one of the reasons for variation in the economic growth rate. In 2008, the GDP growth rate had declined steeply. This was so because the corporate investment had slowed in the economy by ten to twelve percent. The reasons for the drastic fall in the investment were corruption and rise in debt. The global crisis largely affected the economy of India due to which the economic growth rate of the country declined (Bhagwati et al., 2013). The main reason for economic growth in Australia was the rise in the exports and the values of the goods and services that was domestically produced within an economy. The export contributed to the rise on the GDP growth of the economy but the term of trade fell. The other major contributor of the gr owth of the economy was the mining boom of iron ore that helped the economy export abundant of its iron ore to china. The investment of the economy was down but the prices of the housing and construction was up. The labor productivity is constantly decreasing in the economy that is leading the standard of living of people to fall. The inflation rate is higher in India than that in Australia. The unemployment rate in Australia is higher than that of India. This is one of the major reasons for the variation in the economic growth of both the countries. The reasons for the variations in the economic growth rate are as follows: Differences in the quality of governance: Governance and management of the economy play an important role in deciding the future of the economy. A good quality of governance leads to a growth in the economy. Government of the economy is responsible for providing the basic amenities and infrastructure that is required for the development of the economy. It is essential for the government to utilize the money efficiently in order to ensure growth in the economy (Dholakia, 2015). It is the responsibility of the government to provide and fulfill the basic needs of the citizens. If government is corrupt free and good in management of the country then the economy is likely to experience a good growth in the economy. Differences in the technology and technological progress- Both India and Australia are technologically advanced. A rapid technological progress leads to progress in the economy as industrial developed is directly linked with technology. Advancement in technology leads to creation of employment and jobs improve standard of living and help the government run the economy efficiently. Industrial revolution in India showed advancement in technology. India is labor-intensive country where the major work is done by labor while Australia is capital intensive where the operations is done through machines and capital. This is the reason why the unemployment rate is higher in Australia than that in India (Dholakia, 2015). Differences in the population growth- India are the second most populous economy after China while Australia is the fifty third largest populous country. Differences in the population growth are the major factor for the differences in the economic growth rate of a country. The youth dependency ratio is higher in Australia than that in India. This is the reason why economic growth rate is higher in India than that in Australia. Since India is populous country the production of goods and services is higher than that of Australia. Larger population helps in fulfilling the demand of the consumers. It also helps in generating economies of scale and supplying the labor at low cost and wages. This leads to a fall in cost of production and hence generates positive profit for the economy. Differences in the per capita income and standard of living are also one of the reasons for the variations in the economic growth. Challenges that the countries face to enhance economic growth Various factors and challenges hinder the economic growth. The author analyzes each country specifically and specifies the challenges that India and Australia face to enhance its economic growth. Challenges that India face Challenges that India face to enhance its economic growth are as follows: Inflation: Rise in the prices of food and property is one of the major problems that the Indian economy faces. This is one of the major reasons for hindrance in the economic growth rate of a country. Inflation currently is rising at a rate of eight to ten percent. High-rise in the rate of inflation indicates that there is not just excess demand in the economy but the cost of production is also rising due to which the prices of goods are rising in the economy. High-rise in rate of inflation reduces the standard of living of people in the country that in turn reduces the economic growth in the economy (Ray, 2012). Poor educational standards- India is not a hundred percent literate country. Major part of the population is not given the proper education. Hence their contribution to the economy is negligible that causes a problem for the economy. The economic developed is limited as there is scarcity of skilled and trained professionals. Poor infrastructure: Poor infrastructure is a major challenge for enhancing the economic growth. Many people lack the basic amenities such as water supply and electricity. This leads to a problem as it puts constraints in supply (Dholakia, 2015). Balance of payment deterioration: the imports in India are higher than the exports that lead to an increase in the current account deficit. Economic growth falls due to inefficient foreign exchange reserve. It is essential for India to attract maximum capital inflows in order to increase the rate of economic growth. Rise in inequality: The edge between the rich and poor is continually rising. Rich are becoming richer while poor the poorer. Economic growth has been spread disproportionately (Thorpe Leito, 2014). Inefficient agriculture: agriculture is the major sector where the maximum of Indias population is engaged in. slow growth in the agricultural sector is one of the major challenges that India faces to enhance its economic growth. Challenges that Australia face Low demand for goods: the major trading partner for Australia is china. Slowdown in the economy of china has increased the challenge for the Australian economy as the demand for the goods has decreased. High unemployment rate: the youth depend ratio is high due to the unemployment of youths. This is because the structural changes and the lack of proper skills and knowledge that is required by the employer for the job (Shahiduzzaman Alam, 2014). High cost of production: the cost of production is high in Australia. Fluctuations in the Australian dollar: The Australian dollar is fluctuating in nature. The appreciation in the value of Australian dollar puts major challenge in the enhancing the economic growth. Conclusion Various factors distinguish the economic growth between the two countries. The growth rate in India is higher than that of Australia. Both the country faces many challenges to enhance the economic growth rate. Factors such as inflation rate, interest rate, monetary and fiscal policies affect the growth rate of the economy. References Bhagwati, J., Bhagwati, J. N., Panagariya, A. (2013).Why growth matters: How economic growth in India reduced poverty and the lessons for other developing countries. PublicAffairs. Data | The World Bank. (2016). Data.worldbank.org. Retrieved 8 September 2016, from https://data.worldbank.org/ Dholakia, B. H. (2015). The Sources of Economic Growth in India. Lewis, W. A. (2013).Theory of economic growth(Vol. 7). Routledge. Meade, J. E. (2013).A Neo-Classical Theory of Economic Growth (Routledge Revivals). Routledge. Ray, S. (2012). Impact of Foreign Direct Investment on Economic Growth in India: A Co integration Analysis.Advances in Information Technology and Management,2(1), 187-201. Shahiduzzaman, M., Alam, K. (2014). Information technology and its changing roles to economic growth and productivity in Australia.Telecommunications Policy,38(2), 125-135. Thorpe, M., Leito, N. C. (2014). Economic growth in Australia: globalisation, trade and foreign direct investment.Global Business and Economics Review,16(1), 75-86.
Subscribe to:
Posts (Atom)