Monday, February 24, 2020
Gun control - Essay Example 1). It is the responsibility of the governments to reduce firearms violence by developing gun control programs that make it more difficult for people to acquire and use guns. Federal, state, and local governments and law enforcement agencies need to better understand the gun violence problem so their limited resources can be effectively employed. This paper argue that gun control policies can significantly influence the number of deaths and injuries from firearms Gun Control Gun control is the government enacting some type of legislation to restrict availability of firearms or ammunition. The majority of governments that have implemented gun control legislation have focused on firearms ownership restrictions and background checks in attempt to reduce firearms violence. The common objective is to reduce a criminal's access to firearms in the hope that violent crime will be reduced. Currently, large urban areas of the United States are attempting to deal with a host of issues related t o firearms violence. Governments have used different types of laws and enforcement techniques in an attempt to eliminate or reduce firearms violence. The large numbers of homicides that occur in these areas have resulted in public pressure to effectively deal with the problem. Jurisdictions have attempted to lower the amount of firearms violence by enacting a number of laws on a whole range of issues related to firearms. ... 63-79) studied gun availability's effect on violent crime and found that a reduction in gun availability reduced the homicide rate and there was some change in the robbery rate. Why Gun Control in Necessary? Firearm injuries and deaths have reached an epidemic level in the United States. No other industrialized country in the world has comparable rates of mortality, morbidity, or financial costs incurred from firearm ownership and use (Fingerhut and Klein, 3290-3295). Firearm injuries are the second leading cause of injury death in the United States, and since 1972 have killed on average more than 30,000 people each year (Marwick, 1). More than 80 Americans die every single day as a result of firearms (Egendorf 74). While trends for the leading cause of injury death, motor vehicles, have been declining, deaths from firearms have increased. In some regions of the country, firearm deaths far exceed motor vehicle fatalities (Hoyert, Kochanek, Murphy 1). A study by Cohen & Steiner (p. 1- 8) ranked firearms as the 11th leading cause of death in the United States. Unlike motor vehicles, firearms are much less regulated. Firearms are not subject to any manufacturing standards or government oversight. For example, in many states, the purchase of guns does not require any licensing, education on how to use them, regulations for storage, or limitations on design or manufacturing (Egendorf 74). In 1998, five out of six handguns made in United States lacked basic magazine safeties to prevent the firearm from firing when the clip is removed or load indicators that would indicate when a bullet is in the gun (Vernick et al., 427-440). Gun manufacturers are producing more and more guns. About 4.5 million new firearms, including two million handguns are sold each year in the
Saturday, February 8, 2020
The Silence of the Lambs - Movie Review Example She strikes deals with him, sometimes falling aprey to his words. She keeps coming across clues and tries solving the case with investigative procedures. Contribution: The gloomy images of the mental asylum, the personified darkness and imagery of the moth contributes a great deal to enrich the feel of the film and in creating a greater impact on the audiences. Contribution: The characterization of the film contributes greatly to the overall quality of the movie. The forensic psychiatrist turned cannibalistic killer, the serial killer, a young detective, the Senator, murders, etc. greatly accentuate the plot and the effect of the film. Explanation: This theme is carried on throughout the movie since all attempts are made by the FBI to investigate the series of murders committed by Buffalo Bill. In t he process, Starling takes the help of forensic psychiatrist turned cannibalistic killer, who is serving consecutive sentences at an asylum. Thus, this theme of Murder and Investigation, amidst some great psychological action runs throughout the film.
Wednesday, January 29, 2020
Samuel Becketts Waiting for Godot Essay Samuel Beckett was born in Dublin, Ireland in 1906. Beckett was a playwright, writer and poet. He was considered to be one of the key writers who wrote in the style of the theatre of the absurd. The theatre of the absurd are plays in which the characters are caught up in hopeless situations and in a plot that is very expansive and without meaning. Becketts first play titled Waiting for Godot which was translated into English from French. Waiting for Godot was one of his most famous plays and is renowned throughout the world. Beckett received the Nobel Prize in 1969 for literature and passed way in 1989. Samuel Beckett uses many techniques to emphasize the themes of friendship, dependency, loyalty, uncertainty and ambiguity. Beckett also uses various literature techniques such as puns and mirrors. The use of black humor is used to lighten up the dim, dark vibe given off by the situations and scenarios. The theme of uncertainty can be witnessed throughout the play; we see this from the use of language. We can see from the following quote taken from Act 1 page 16 where Vladimir and Estragon are having a conversation and Estragon says he should be here. He didnt say for sure hed come. And if he doesnt? This quote shows that both Estragon and Vladimir are both confused and uncertain about whether Godot will arrive and if they were even meant to be waiting for him today. This might show the lack of self assurance, because Vladimir and estragon arent self assured and are always uncertain of whether what they are think is right and therefore they depend on each other to help. This also relates to another theme, the theme of friendship and dependency, that both characters rely on each other and that without each other they would be hopeless. Friendship, dependency and loyalty are themes seen in the play. Even from the very beginning of the play the theme of friendship and dependency exists, on the first page Vladimir says to Estragon that he would be nothing more than a little heap of bones without him. This friendship and dependency can be seen again when Estragon cannot take off his boot without Vladimir offering his help. During act one on page 32 Estragon tries to wipe Luckeys tears off his cheek but instead lucky kicks him. When Estragon whelps in pain and says I cant walk, Vladimir offers to carry him. This illustrates the friendship and loyalty that Vladimir and Estragon have towards each other. The theme of Loyalty cannot only be seen through Vladimir and estragon, but can also be seen through the relationship between Lucky and Pozzo. Again on page 32 when Vladimir asks you want to get rid of him? Pozzo replies I do. Despite Pozzo allowing Lucky to depart, Lucky is reluctant to; this shows the loyalty that Lucky had gained throughout the years that he has been with Pozzo. Another theme that appears within the dramatic works of Beckett is the theme of ambiguity. Ambiguity can be seen within the play Waiting for Godot in the way lines are being said. The language that the characters use is very unclear and allows different ways of thinking. An example of this is on page 29 when Pozzo places the pipe in his mouth and says, The second is never as sweetas the first, I mean. But its sweet just the same. This quote struck me as being ambiguous because he first states that the pipe isnt as sweet as the second but then says its sweet just the same. I feel that Beckett might have used ambiguity to give the reader or audience the chance to see two different sides to the scene or dialogue. This is usually done using black humor, which allows the audience to both laugh and be serious at the same time. Both black humor and comedy can be seen within the play. Black humor and comedy is humor generated through topics that are considered to be taboo or laughter that is created from someone elses pain and suffering. On page 12 while Estragon is struggling with his boot Vladimir asks It hurts? and Estragon answers Hurts! He wants to know if it hurts!. This shows the use of black humor because at this point everyone in the audience would be laughing at Estragons hardship but at the same time wondering if it is right to be laughing. I think the Beckett might have used black humor to teach us a lesson. By using black humor Beckett allows the audience to laugh at others pain, but at the same time while laughing the audience is wondering why they are laughing and is it right to be laughing at someone elses suffering. The literature technique of mirrors is used within the play, many critics have wondered if Godot was meant to be God, this is because we never find out who Godot is. A quote that supports this case can be seen on page 19 when Estragon and Vladimir are talking about Godot coming and then they mention that they are waiting for him because its A kind of prayer and a vague supplication. This could be perceived as Estragon and Vladimir asking God for advice or praying for Gods help. From the mirror of Godot we could say that Estragon and Vladimir can be seen as the two thieves that were crucified beside Christ. A quote that supports this can be seen in act 1 on page 14 when Vladimir begins to tell the story Our Savior. Two thieves. One is supposed to have been saved and the other one damned. This quote could be interpreted as Estragon and Vladimir being the two thieves. I suspect that Beckett might have used mirrors to give meaning to the plot and shed some light on what is happening. If you imagine it as the two thieves asking and waiting God to come and forgive them and set them free. Through the use of various literature techniques such as mirrors, black humor and comedy, the reader can successfully reflect back on the issues and themes that are discussed and portrayed in this play. In conclusion, Beckett uses these techniques and themes to create meaning and shed some light on the gloomy and confusing plot. This then entices the reader and audience to continue to watch or read and allows them to think much more about what they have just witnessed.
Tuesday, January 21, 2020
Essay Option 2: Looking Backward: Government and power imbalance from 1887 Ã¢â¬â 2000 The vision and ideas in BellamyÃ¢â¬â¢s book Looking Backward that stronger government would create a utopian society were mainly related to the power imbalance developing in the gilded age, the ideas of social theorists like Henry George, workersÃ¢â¬â¢ rights movements known as unions and the actions of government leaders in the 19th century. In BellamyÃ¢â¬â¢s book, a major theme in JulianÃ¢â¬â¢s journey through the year 2000 and throughout the comparison between 1887 and 2000 is that there is a vision of strong government control over multiple aspects of life more so in the dream 2000 than had been in 1887. Many of those included jobs, education, shopping and business related commercial aspects and peopleÃ¢â¬â¢s daily lives. The most important aspects of life that the government controlled were Jobs and Education because without those, there is no society. Looking Backward is about Julian West, a thirty-year-old insomnia patient born into the 1800Ã¢â¬â¢s. During the 19th century, the majority of the world was impoverished and the wealthy people wanted to help but they believed that there was no way to do so without losing their wealth. Julian planned to marry his fiancÃ ©, Edith Bartlett when their house was built but there were many builder strikes going on at the time and the house wasnÃ¢â¬â¢t going to be built for another year. Decoration day was a holiday that had honored union workers and Julian celebrated this holiday with EdithÃ¢â¬â¢s family. Due to JulianÃ¢â¬â¢s insomnia, he had built a secret sleeping chamber underground to aid in proper sleep. Dr. Pillsbury put Julian to sleep every night but was offered a new job and had to leave. Julian was in such a deep sleep that night and wa... ...d age, the ideas of social theorists like Henry George, workersÃ¢â¬â¢ rights movements known as unions and the actions of government leaders in the 19th century. In BellamyÃ¢â¬â¢s book, a major theme in JulianÃ¢â¬â¢s journey through the year 2000 and throughout the comparison between 1887 and 2000 is that there is a vision of strong government control over multiple aspects of life more so in the dream 2000 than had been in 1887. Many of those included jobs, education, shopping and business related commercial aspects and peopleÃ¢â¬â¢s daily lives. After looking deeper into the book, the most important and frequently mentioned aspects of life were Jobs and Education because without those, there is no ability to have a higher functioning society beyond poverty and day laborers. Works Cited 1. Edward Bellamy, Looking Backward: 2000 to 1887 2. Retrieving the American Past
Monday, January 13, 2020
1. Introduction Inflation is a general increase in prices and fall in the purchasing value of money. Ã¢â¬Å"Too much money in circulation causes the money to lose valueÃ¢â¬ -this is the true meaning of inflation. What is Inflation. The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum. (Investopedia) a. Kinds of Inflation Inflation means a sustained increase in the general price level. However, this increase in the cost of living can be caused by different factors. There are many types of inflation but the main two types of inflation are; 1. Demand pull inflation: This occurs when the economy grows quickly and starts to Ã¢â¬ËoverheatÃ¢â¬â¢ Aggregate demand (AD) will be increasing faster than aggregate supply (LRAS). 2. Cost push inflation: This occurs when there is a rise in the price of raw materials, higher taxes, etc. 1..Demand Pull Inflation This occurs when AD increases at a faster rate than AS. Demand pull inflation will typically occur when the economy is growing faster than the long run trend rate of growth. If demand exceeds supply, firms will respond by pushing up prices. Simple diagram showing demand-pull inflation The UK experienced demand pull inflation during the Lawson boom of the late 1980s. Fuelled by rising house prices, high consumer confidence and tax cuts, the economy was growing by 5% a year, but this caused supply bottlenecks and firms responded by increasing prices. This graph shows inflation and economic growth in the UK during the 1980s. High growth in 1987, 1988 of 4-5% caused an increase in the inflation rate. It was only when the economy went into recession in 1990 and 1991 that we saw a fall in the inflation rate. 2..Cost Push Inflation This occurs when there is an increase in the cost of production for firms causing aggregate supply to shift to the left. Cost push inflation could be caused by rising energy and commodity prices. Simple Diagram showing cost push inflation. 3. Wage Push Inflation Rising wages tend to cause inflation. In effect this is a combination of demand pull and cost push inflation. Rising wages increase cost for firms and so these are passed onto consumers in the form of higher prices. Also rising wages give consumers greater disposable income and therefore cause increased consumption and AD. In the 1970s, trades unions were powerful in the UK. This helped cause rising nominal wages; this was a significant factor in causing inflation. 4. Imported Inflation. Depreciation in the exchange rate will make imports more expensive. Therefore, the prices will increase solely due to this exchange rate effect. A depreciation will also make exports more competitive so will increase demand. 5. Temporary Factors. The inflation rate can also increase due to temporary factors such as increasing indirect taxes. If you increase VAT rate from 17.5% to 20%, all goods which are VAT applicable will be 2.5% more expensive. However, this price rise will only last a year. It is not a permanent effect. 6. Core Inflation One measure of inflation is known as Ã¢â¬Ëcore inflationÃ¢â¬â¢.This is the inflation rate that excludes temporary Ã¢â¬ËvolatileÃ¢â¬â¢ factors, such as energy and food prices. The graph below shows inflation in the EU. The headline inflation rate (HICP) is more volatile rising to 4% in 2008, and then falling to -0.5% in 2009. However, the core inflation (HCIP Ã¢â¬â energy, food, alcoholand tobacco) is more constant. b. People who are being affected by inflation Macro Economic Effect in Bangladesh: The inflationary situationin Bangladesh is on the rising trend, especially since August 2009, primarily owing to the soaring increase in food prices. The food price hike has accelerated the general inflation rate in the country. If the food price level rises at an existing rate of 1.31 percent per month and if adequate anti inflationary measures are not taken, the overall general inflation might touch a Ã¢â¬Å¾double digit figureÃ¢â¬Å¸. Impact on women and children In Bangladesh, of total 143.91 million population, 69.81 million are women, reflecting 48.5 per cent of totalpopulation. About 86 per cent of women in Bangladesh live in rural areas. Between 2005 and 2006, total femalelabourforce accounts for 12.1 million, of them 2.8 million live in the urban area while 9.3 million in the rural area.In rural areas, they take part in economic activities and earn income through cattle rearing, gardening, poultry etc.About 80 per cent of workers in total labour force are women in the RMG sector. They work at a low rate of wagewhile 26 per cent of female workers earn less thanTk3000 only. Only 3.7 per cent of female workers earn morethanTk 5,000. With the low income and rising price of essentials, it has become very difficult for these women to provide their families with the basic requirements. 1. Increasing prices of foods reduces the real income of households thereby rationing spending on childrenÃ¢â¬â¢s schooling. This as a consequence is likely to reduce the literacy rate among girls in near future. The evidences suggest that in Bangladesh, it is the female children who are firstly taken out of schools if the family is in financial setback. 2. As education, skills and knowledge influence womenÃ¢â¬â¢s status in the society and at home, they loose their bargaining power thereby their ability to take part in the decision making process shrink eventually. 3. There is a greater disparity in nutrition intake among men and women. Men consume more nutrients than women. The female members in households especially in rural areas take their meals after their male members and children. Studies suggest that it is oneÃ of the main reasons of early childhood malnutrition. 4. Moreover there are many other factors that can be attributed to the maternal nutritional factors, for example, low birth weight of infants, infant mortality etc. 5. In recent years the rise in the price of baby foods has made it difficult for households to provide theirchildren with required nutrition. This is evident even among the middle income groups. According to a government report, the prices of baby food and powdered milk have risen by 30 to 38 per cent over theyear 2006 and 2007. The inability of families to provide proper nutrition for the children may result in undernourishment of children which contributes to increasing child mortality. 6. In Bangladesh, women are subject to violence in the society. Due to rise in the price of food and other essentials, as income of the family falls, tension rises within households and the women are often subject to violence by the male members of the family. 7. It is a common phenomenon that women take the role to provide food and nourishment to the members of family by arranging and preparing food. As a result, they have to bear the burden of rise in the price of food. Inflation erodes income of the poor One obvious consequence of inflation is the erosion of real income of the people resulting from the general increasein prices. The burden of income loss, however, differs across different income groups. No doubt, the householdgroups who are employed in the formal sector and whose salaries/wages are fixed in nominal terms and are re-fixedperiodically are the worst sufferers. The same is true for those employees in the informal sector who have incomefixed in nominal terms. In Bangladesh, a major concern, however, is the inflation-induced loss of real income ofthe poor. Food Inflation Raises Poverty and Inequality Food inflation has a profound nexus with poverty and inequality. Food inflation hits the poor hardest since their purchasing power decreases due to the erosion in real income. From the economics theory, when the real wage decreases demand for labor increases. Therefore, the employment should riseÃ since there is a tradeoffbetween inflation and unemployment. The result depends on whether the employment effect of inflation outweighs the real wage effect on poverty. But theBangladesh empirical data indicates that the real wage effect on poverty outweighs the employment effect of inflation There exists a positive relationship between food inflation and poverty. . Affect on saving & Investment: Excess inflation has its negative impact on savings and investment. Impact on savings has its direct reflection in the area of investment. Investment, both domestic and foreign, is essential for Bangladesh and it is important for growth and economic development. Affect on invertors: An unfavorable and unpredictable movement of inflation often creates lack of confidence among the investors. Many potential investments face bleak prospect and avoid the game of facing risk and uncertainty. Affect on bank& other financial intermediary: Inflation has its implications for the banking sector as well. Both for the banks and their customers inflation causes a reshuffle in the flow of activities. Rates of interest offered by the banks seem less attractive to the depositors. Bank lending has also a great role in the economy. In recent years there is an increasing trend of providing consumer credit by the banks. It will add to the demand side. But if itscontribution to the supplyside remains weak there will be alack of balance and the bankingindustry will face challenge. Other saving lending channels also face the same consequences from supply side to handle their investment demand. Affect on money supply: The challenge of central bank is to balance between growth and inflation. High inflation always put central bank under pressure to take contractionary monetary policy that might reduce growth. Mainly the people of middle class and poor are greatly affected by the higher inflation rate. A developing country like Bangladesh have higher inflation rate. It creates poor more poor and higher class of the society more higher. 2. Causes of Inflation In developing countries, in contrast, inflation is not a purely monetary phenomenon, but is often linked with fiscal imbalances and deficiencies in sound internal economic policies. Beside, factors typically related to fiscal imbalances such as higher money growth and exchange rate depreciation arising from a balance of payments crisis dominate the inflation process in developing countries. There were different schools of thought as to the causes of inflation. A. Quality theories of inflation The quality theory of inflation rests on the expectation of a seller accepting currency to be able to exchange that currency at a later time for goods that are desirable as a buyer. The quantity theory of inflation rests on the quantity equation of money that relates the money supply, its velocity, and the nominal value of exchanges. Adam Smith and David Hume proposed a quantity theory of inflation for money, and a quality theory of inflation for production After analyzing two theories of causes we have got here some physical cause to face which cover both theories depending on a number of factors. These are given below- B. Excess of money Inflation can happen when governments print an excess of money to deal with a crisis. As result, prices end up rising at an extremely high speed to keep up with the currency surplus. This is called the demand-pull, in which prices are forced upwards because of a high demand. C. Rise in production cost Another common cause of inflation is a rise in production costs, which leads to an increase in the price of the final product. For example, if rawÃ materials increase in price, this leads to the cost of production increasing, which in turn leads to the company increasing prices to maintain steady profits? Rising labor costs can also lead to inflation. As workers demand wage increases, companies usually chose to pass on those costs to their customers. D. International lending & national debt Inflation can also be caused by international lending and national debts. As nations borrow money, they have to deal with interests, which in the end cause prices to rise as a way of keeping up with their debts. A deep drop of the exchange rate can also result in inflation;as governments will have to deal with differences in the import/export level. E. Government taxes Finally, inflation can be caused by federal taxes put on consumer products such as cigarettes or fuel. As the taxes rise, suppliers often pass on the burden to the consumer; the catch, however, is that once prices have increased, they rarely go back, even if the taxes are later reduced. F. War Wars are often causing for inflation, as governments must both recoup the money spent and repay the funds borrowed from the central bank. War often affects everything from international trading to labor costs to product demand, so in the end it always produces a rising prices. 3. Measures of Inflation Control There are three measures to control the inflation. They are: General Policy of The Government Direct Ã¢â¬â Action Measures of The Government Other Measures 1. General Policy of the Government: Government follows three general policies to control the inflation such as Ã¢â¬â Fiscal Policy Monetary Policy Policy of Price Ceiling a. Fiscal Policy: If the government charges more tax on the goods then the particular productÃ¢â¬â¢s price will also be high. We will face price inflation. To Summarized issues relating to Deficit Budget: Financed by foreign assistance is dependence and uncertain, Financing by public, not inflationary, Borrowing from commercial banks not inflationary. Borrowing from Bangladesh Bank is inflationary Characteristics of Fiscal System in Bangladesh: Falling/Tax/GDP ratio, Tax base is narrow, Dominance of indirect tax, Customs + VAT (import) 50% of total tax Vulnerable to external fluctuations Growth in Non-development expenditure Heavy dependence on Foreign Aid Dependence on Deficit Financing No Far-sightedness b. Monetary Policy: Monetary policy is the main macro-economic policy formulated and implemented by the central bank. Bangladesh Bank has the authority to increase or decrease the volume of money in the economy and therefore, is responsible for formulating and implementing the monetary policy for the country. The wheel of development moves by taking forces from this policy. The aim of monetary policy is to keep inflation low and steady. Though, in a developing country like Bangladesh, the effectiveness of monetary policies is always uncertain, but effectiveness of these policies is treated as signal for policy makers. The Central Bank is the highest authority employed by the government for formulation of monetary policy to guide the economy in a certain country. Monetary policy is defined as the regulation of the money supply and interest rates by a central bank. Monetary policy also refers to how the central bank uses interest rates and the money supply to guide economic growth by controlling inflation and stabilizing currency. Like any other central bank, Bangladesh Bank is performing the role to formulate monetary policy in Bangladesh. The main objectives of monetary policy ofÃ Bangladesh Bank are: Ã¢â¬ ¢ Price stability both internal & external Ã¢â¬ ¢ Sustainable growth & development Ã¢â¬ ¢ High employment Ã¢â¬ ¢ Economic and efficient use of resources Ã¢â¬ ¢ Stability of financial & payment system Steps of the Monetary Policy: Restriction of broad money growth path Adjustment in cash reserve ratio (CRR) Statutory liquidity requirements (SLR) Restriction in the capital accounts Objectives of the Monetary Policy: The promotion of price stability GDP Growth Ensuring full or near full employment Supporting national and global economic and financial stability C. Policy of Price Ceiling: Price ceiling is a government policy whereby the government sets the maximum price of a product above which price is not allowed to rise further. Normally in a inflationary situation when prices will constantly be going high and high and tending to be going beyond the means of common people. Then government will implement price ceiling policy in order to protect the interest of the customers. Price Ceiling Control: Government must have to be ready to supply the required quantity of goods from its own production land and distribute product at its early declared price as per the requirement if any. Government will have to be ready to import the required quantity of goods under its own mechanism and distribute the product in the market accordingly. Government can ask the private entrepreneurs to import the required quantity of goods under their own management by offering them some attractive benefit packages such as decrease rate of interest, lower import cost, decrease tariff, non-stop support. Government can urge the countrymen to set up import substituteÃ industry with some attractive incentive schemes and can have the supply of required products for a long time basis. Government can supply the required quantity of goods from buffer stock created earlier by the government and sell the product in the market accordingly. 2. Direct Action Measure: It is an extreme measure. If the money supply increases, then to reduce inflation, Government can cease the money. 3. Other Measure: *Moral persuation: Convincing the consumer by the national leaders morally. They convince the public to consume less. *Government can urge the country man to restrict the consumerism. *Government can urge the business people to set the product at a reasonable price and restrict to sell at a high price. Limitation: In case of elastic demand such as baby food, that is not controlled by the consumer. 4. Effects of Inflation: All people will not be affected by inflation in the same way. Some will welcome it. Some people becomes upset and some acts indifferent. For the business people it will motive the entrepreneure and it is a good news for the producers. People who earn much, inflation is not a problem but who earn poor , they will be very much affected and their product consuming amount will be decreasing. General Effect An increase in the general level of prices implies a decrease in the purchasing power of the currency. That is, when the general level of prices rises, each monetary unit buys fewer goods and services. Increases in the price level (inflation) erode the real value of money (the functional currency) and other items with an underlying monetary nature (e.g. loans and bonds). For example if one takes a loan where the stated interest rate is 6% and the inflation rate is at 3%, the real interest rate that one are paying for the loan is 3%. It would also hold true that if one had a loan at a fixed interest rate of 6% and the inflation rate jumped to 20%one would have a real interest rate of -14%. Negative Effect High or unpredictable inflation rates are regarded as harmful to an overall economy. They add inefficiencies in the market, and make it difficult for companies to budget or plan long-term. Inflation can act as a drag on productivity as companies are forced to shift resources away from products and services in order to focus on profit and losses from currency inflation. Uncertainty about the future purchasing power of money discourages investment and saving and inflation can impose hidden tax increases. In case of international trade, higher inflation in one economy than another will cause the first economyÃ¢â¬â¢s exports to become more expensive and affect the balance of trade. Positive Effect Positive effects include ensuring central banks can adjust nominal interest rates (intended to mitigate recessions), and encouraging investment in non-monetary capital projects. It puts impact on Labor-market adjustments, Room to maneuver, Mundell-Tobin effect, Instability with Deflation etc. 5. Global Scenario of Inflation As an important worldwide phenomenon, global inflation varies largely, owing to the trend components of inflation as well as due the fluctuations arising in the frequencies of the commercial cycles. In 2013, the rate of global inflation is surprisingly low. Global economic prospects have improved, but the bumpy recovery and skewed macroeconomic policy mix in advanced economies are complicating policymaking in emerging market economies. Inflation was remarkably stable in the wake of the Great Recession and, in fact, has become less responsive to cyclical conditions. TodayÃ¢â¬â¢s fast-growing, dynamic low-income countries are likely to maintain their momentum and avoid the reversals that afflicted many such countries in the past. Inflation expectations have remained strongly anchored to inflation targets during the Great Recession and the sluggish recovery. Long-term inflation expectations in advanced economies remain close to targets despite wide variation in actual inflation rates. Even in Japan, expectations remain close to theÃ 1 percent target announced in February 2012 despite a prolonged period of deflation. Furthermore, coincident with greater central bank credibility, this anchoring is found to have increased over time. In the figure bellow the inflation rate of emerging, developed and BRIC countries are graphically shown: In 2013, we have seen that, South Sudan has the lowest inflation rate and Syria has the highest. In South Sudan, current inflation rate is -2.90 which was -8.80 in the previous year. The highest and the lowest inflation rates in the history of this country were 79.90 and -14.00 respectively. On the other hand, in Syria current inflation rate is 49.50 which was 49.90 in the previous year. The highest and the lowest inflation rates in the history of this country were 79.90 and -11.95 respectively. 6. Inflation in Bangladesh The Gross Domestic Product (GDP) in Bangladesh expanded 6.01 percent in the fiscal year 2012/2013 from the previous year. GDP Growth Rate in Bangladesh is reported by the Bangladesh Bank. From 1994 until 2013, Bangladesh GDP Growth Rate averaged 5.6 Percent reaching an all-time high of 6.7 Percent in June of 2011 and a record low of 4.1 Percent in June of 1994. Bangladesh is considered as a developing economy. Yet, almost one-third of BangladeshÃ¢â¬â¢s 150m people live in extreme poverty. In the last decade, the country has recorded GDP growth rates above 5 percent due to development of microcredit and garment industry. Although three fifths of Bangladeshis are employed in the agriculture sector, three quarters of exports revenues come from producing ready-made garments. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms. This page provides Ã¢â¬â Bangladesh GDP Growth Rate Ã¢â¬â actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-05 Historical Trend Analysis The government introduced policy and institutional reforms encompassing the fiscal, financial, exchange rate, trade and industry, public resource management and public enterprise sectors. But some of those measures were not strongly pursued and some of the intended structural reforms were postponed. Monetary control in the initial years had appositive impact on the control of inflation. The regarded decision are taken below- To increase investible funds with the banks, the minimum cash reserve requirement and statutory liquidity requirement were reduced gradually from 8 and 23 per cent respectively on 25 April 1991 to 5 and 20 per cent respectively. This decision has reduced the inflation rate. In 1991 the lending rate was 14.99 which was high during 1992 but then it started tobe reduced at 14.39 (1993) and 12.22 at 1995. With the flexible use of the monetary instruments, broad money growth (Money Supply) was brought down from high rates of growth (14.1 percent) in the mid-1992to 10.6 per cent in June 1993 to reduce the rate of inflation. In the year 1995 government was thinking to increase the money supply which was brought to 16 percent for that reason inflation rate increased In the year 1995 government was thinking to increase the total domestic credit which was brought to 17.6 percent from 4.9 percent (1994). For this reason the inflation rate increased. In the year 1995 government liberalized Credit to the private sectors in fiscal year1995 by reducing lending rates including those in the three selected sectors of agriculture, exports, and small and cottage Industries had to be restrained due to the rise in price levels. For this reason inflation rate has increased With a view to ensuring an adequate flow of finance to productive sectors and to boosting economic activity, Bank ratewas gradually lowered from 9.8 per cent on30 June 1990 to 5.5 per cent on 3 March 1994 to control the inflation rate. On 24 March 1994 Bangladesh accepted the Article VIII obligations of the International Monetary Fund, a commitment to declare its currency convertible for current account transactions and liberalize exchange transactions on current account. Foreign exchange controls, which had constrained transactions for a longtime, were lifted for the majority of current account transactions. An interbank foreign exchange market has been established. The exchange rate policy is being managed flexibly so as to avoid appreciation of the real exchange rate and to maintain macroeconomic stability. Moderate economic growth and modest change in the wage index contributed to the relatively lowÃ rate of inflation (i.e., lower than 5 per cent) in 1990-1994. Higher money supply growth and lower deposit rate in FY95 contributed to the comparatively higher inflation rates in 1995. In 1996 the lending rate was 13.41 which were accelerated to 14.16 in 1999. Supply shortages in the rural areas originating from political instability in FY96 and disruption due to floods in 1998 caused serious shortfall of food and also hampered all other agricultural production, which ultimately caused higher inflation rates in1996, 1998 & 1999. A lower growth rate, because of lower production and relatively higher depreciation of the exchange rate due to food imports, also contributed to the higher inflation rate in the flood affected years. Larger depreciation of the exchange rate has accelerated the inflation rate 2.79(2002) to 4.38 (2004). Exchange rate might have played a significant role in causing inflation in 2005-2006 because of the introduction of flexible exchange rate regime since May 2003. A higher growth of money supply (13.84 at 2004 to 19.51 at 2006) added a lot to inflation in 2005-2006 In 2001 the lending rate was 13.75 which were lowered to 10.93 in 2005. In 2001-2006 high inflation in food (more than 5 percent) sector at international market was so much responsible for the fluctuation of inflation. Typically import occupies a significant place in the Bangladesh economy, accounting for as high as above 20 percent or more of GDP in FY06. At the margin, most of the essential food items (for example, sugar, rice, wheat, onion and edible oil) and, more generally, machineries, intermediate goods and raw materials used in production are imported. Cost of imports can, therefore, be expected to have substantial influence on domestic inflation (during 2001-2006) directly (through final goods) or indirectly (through intermediate goods). Unfair cartel among the suppliers might seriously hamper the course of the economy by engendering inflation via the creation of a false su pply shortage even during a period of robust growth in production. Such an undesirable event allegedly occurred in FY06 when the food inflation remained high (7.76 percent) in the same fiscal year despite the growth in food production (4.49 percent8 vis-Ã -vis 2.21percent in FY05). Monopolistic control of several food items such as sugar, onion, pulses and edible oil by market syndication seems to have led this situation.9Obviously such manipulation is a type of supply side disturbance. Inflation has emerged as a global phenomenon in recent months largely reflecting theÃ impact of higher food (The IMF food price index was 44.4 percent at June 2008)and fuel prices and strong demand conditions especially in the emerging economies. In line with global trends, Bangladesh also experienced rising inflation with the 12-month average CPI inflation touching 9.94 percent in June 2008. In the fiscal year 2009, global oil price has shifted upward dramatically so fast. So that the price of fuel & power has driven very sharp impact on our economy by increasing the price of Industrial product and reduces the output of industry. Though our government has taken needed initiatives to minimize the inflation rate but they have failed up to the expectation. In the fiscal year 2010, global food price has shifted upward dramatically so fast. So that the price of food has driven very sharp impact on our economy. Though the inflation has decreased to a reasonable rate (5.4 percent), the price of food is beyond to the normal people. Because of the insufficiency of credit to productive sectors it is unable to invest money in productive sectors whereas the money are using in less productive sectors which causes a high rate of inflation. The inflation rate in Bangladesh was recorded at 7.44 percent in February of 2014. Inflation Rate in Bangladesh is reported by the Bangladesh Bureau of Statistics. The general point-to-point inflation rate slightly rose to 7.48 percent in March from 7.44 percent in February 2014 compared to 7.71 percent in March 2013.Inflation Rate in Bangladesh averaged 6.63 Percent from 1994 until 2014, reaching an all-time high of 12.71 Percent in December of 1998 and a record low of -0.02 Percent in December of 1996. In Bangladesh, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides Ã¢â¬â Bangladesh Inflation Rate Ã¢â¬â actual values, historical data, forecast, chart, statistics, economic calendar and news. According to Asian Development Bank growth moderated last year, inflation declined, and the current account returned a larger surplus. This year, growth will slip again, reflecting slower expansion in exports, falling worker remittances, and political unrest before parliamentary elections. Higher inflation and a modest current account deficit are expected. The garment industry faces challenges in adopting tough compliance and safety standards. Growth should improve in the following year, but a major boost will come only with ramped up investment in infrastructure. Economic performance As officially estimated, gross domestic product (GDP) in Fiscal Year 2013 (ended 30 June 2013) grew by 6.0%, less than the 6.2% recorded in FY2012. Agriculture growth slipped to 2.2% from 3.1% in FY2012 as crop output was held down by higher input costs, lower output prices, and unfavorable weather. Services growth slowed to 5.7% from the previous yearÃ¢â¬â¢s 6.0% owing to stagnant imports and frequent hartals (political demonstrations) that disrupted supply chains and affected retail and wholesale trade. Industry growth rose slightly to 9.0% from 8.9% in FY2012, with contributions from construction and small-scale manufacturing. Economic prospects The forecasts for FY2014 and FY2015 rest on several assumptions: Political stability will be restored following the January 2014 national elections, improving consumer and investor confidence. The central bank will be watchful, in line with the January 2014 monetary policy statement, to keep inflation in check while helping direct steady credit flows to the private sector. Electricity and fuel prices will be raised to lower subsidy costs. It will be possible to mobilize more foreign financing, thus limiting government bank borrowing. Food grain and oil prices will remain stable on the international market. And the weather is normal. GDP growth is expected to slow to 5.6% in FY2014, owing to a decline in remittances (which have been equivalent to about 15% of private consumption spending) and as export growth tapers off in the coming months. Domestic demand was depressed in the first half of the year because the prolonged political unrest ahead of parliamentary elections in January 2014 dented consumer and investor confidence. This is reflected in lower private credit growth, a decline in imports of consumer goods and capital machinery, and modest growth in imports of raw materials. Growth is expected to rebound to 6.2% in FY2015, aided by higher remittance and export growth, as well as by prospects for continued economic recovery in the US and the euro area. A likely rise in consumer and investor confidence as the political situation stabilizes is also expected to stimulate demand and strengthen growth momentum. Source: ADB. 2014. Asian Development Outlook 2014. Manila. Effects of Inflation in Bangladeshi Economy Inflation, which some economists have dubbed as the Ã¢â¬Å"cruelest tax of allÃ¢â¬ , is eroding purchasing power of consumers, especially the fixed and low income groups of people in net commodity importing countries, around the world. Following the persistent high-inflation regimes in the late 1970s and earlyÃ 1980s (largely due to two oil shocks), inflation rates have varied an average of two to three percent in the industrialized countries and fell to single-digit levels in many developing countries since the 1990s.1 It is widely viewed that globalization has had a positive impact on prices for over one and a half decade by heightening competition both on the demand and supply side. However, the specter of inflation has once again become a major concern for central bankers and policy makers around the world, as many countries have been experiencing high inflation largely owing to a notable increase in commodity prices. The prices of cereals, petroleum products, edible oil, and metals are skyrocketing in the international markets in recent years. Consequently, the commodity price indices have shown an upward trend lately A widely discussed plausible cause of high inflation in Bangladesh is the impact of global price hike. As a food and petroleum importing country, Bangladesh has to bear the brunt of global price hike of these items. Since the beginning of the current decade and up to 2008 global prices of fuel and food followed an increasing trend which got transmitted into the countryÃ¢â¬â¢s domestic economy. There has been some respite from high inflationary pressure towards the end of 2008 and 2009 due to the global meltdown and the resultant price fall of major commodities in the global market. With the turn round of the global Economy from the recession towards the end of 2009 and beginning of 2010, inflation started to shoot up. This trend was also observed in Bangladesh. The major source of high inflation in Bangladesh is high food inflation. The reason behind this assumption is that food carries a large weight in the CPI of Bangladesh. The weight of food items in the CPI commodity basket of Bangladesh is as high as 58.8 per cent of which the share of rice is 20.1 per cent. Hence the rise in food inflation affects the overall inflation significantly. Based on BBS data, it has been estimated that the contribution of rice inflation to the overall inflation was 23.41 per cent in FY 2011-12. Inflation appears to have emerged as a permanent phenomenon in the economic landscape of Bangladesh over the recent past. It has started to increase since the second quarter of FY2009-10 and continued to rise throughout FY2009-10 and FY2010-11. During the first three months of FY2011-12 there has not been any change in the direction ofÃ inflationary movements. The 12-month point to point consumer price index (CPI) inflation has reached as high as 11.97 percent in September 2011 compared to 7.61 per cent in September 2010. This is the hi ghest inflation in last one decade. As in most years, food inflation was higher than general inflation. Food inflation reached to 13.75 per cent in September 2011 as opposed to 9.72 per cent in September 2010. High food inflation had a knock on effect on non-food inflation as well, pushing it upward to settle at 8.77 percent in September 2011 from as low as 3.69 per cent in September 2010. In Bangladesh the average inflation (general) in FY 2000 was 1.94% while it is found 9.76% in FY 2011. But during these years changes in inflation did not follow any monotonic pattern. Bangladesh faces a tougher challenge in bringing down burgeoning inflation. The latest Bangladesh Bureau of Statistics (BBS) data shows that inflation had increased to 11.97 % (on point-to-point or monthly count) in September, the highest in 10 years. Food inflation, which was 12.7 per cent in August, had increased to 13.90 % in September while food inflation in urban areas had increased to 14.69 % in the same month from 12.94 % in August. The data on inflation reveal that inflation in Bangladesh is influenced by food and fuel prices. Higher food and fuel prices obviously affect inflation rate. The recent declining trend in food and non-food inflation may be explained by the decline in global commodity prices like petroleum, rice, pulses, onion, edible oil and other food items and higher domestic production of food due to favorable weather condition and some effective measures taken by the Government which included conducting open market operation, exemption of duties on essential commodities, sufficient import of food grains, strengthening of internal procurement and its supply, expansion of subsidies on fuel and fertilizer and widening of social safety net program etc. Another feature of recent inflation in Bangladesh is that rural food inflation has been closer to urban food inflation which was not the case in Bangladesh till August 2010. The likely causes for high rural inflation could be increasing demand due to higher purchasing power of the rural population through rising agricultural production, higher labor wages, expanded social safety net program and inflow of remittances. If compared with other South Asian countries Bangladesh stands second, next to Pakistan, in terms of the record of inflation rate in the region. Despite higher food price in the internationalÃ market, India has been able to keep its food price index down through higher production of major crops and by ensuring adequate supply in the domestic market. Pakistan epitomizes the case of a conflict economy with a high inflation rate and a very low growth rate. Higher food prices exert an upward pressure on inflation particularly in South Asian countries where such prices account for a major proportion of the inflation basket. High inflation is a major challenge in South Asia, where inflation has been in double digits in recent years and was 10.9 per cent in 2010. Some deceleration in inflation to 8.4 per cent is estimated in 2011. As inflation affects the poor disproportionately, it is a major cause of concern. High budget deficits in general are causing inflation. A few factors are believed to have contributed to the ongoing inflationary pressures in Bangladesh. The price hike of fuel and non-fuel commodities in the international markets is widely blamed for the current inflation. The depreciation in the countryÃ¢â¬â¢s currency unit, the BDT against its major trading partners, the expansion of M3 and credit have also played a part in raising prices. Bangladesh faced two major natural disasters (summer floods and cyclone Sidr) in 2007 which damaged standing crops, among others, and escalated food prices. The current caretaker governmentsÃ¢â¬â¢ drives against corruption have exacerbated the problem. Last but not least, Bangladesh is not self-sufficient in terms of food production and the country has had a long history of food problems, if not crises. Moreover, in recent years, growth in the agriculture sector has been sluggish. Current indications show that commodity prices in the international market are likely to rise during the coming months of FY12. With greater global economic integration, inflation in Bangladesh is more open now than before to external pressures coming from outside the country. The reasons lie in many factors including high import dependence, increased global pressure of excess demand, weak productivity growth in the domestic economy, and persistence of significant structural and institutional rigidities. The last inflation episode that Bangladesh faced was not policy induced, but was fueled more by domestic supply shocks and global price hikes. But the current buildup of inflationary pressure can partly be attributed to the liquidity expansionÃ that took place in the first half of FY12. With rapid buildup of net foreign assets (NFA) and in the absence of sterilization, liquidity expansion has created some pressure particularly in asset markets (stock and real estate markets) and in non-food prices. These issues need more explicit consideration in Bangladesh BankÃ¢â¬â¢s monetary policy response along with clear signals for the future. Conclusion 2013 is over but the pains and consequences of inflation are not over yet for the millions of people of Bangladesh. 2013 is a year of political disasters, with record level political violence and frequent abuses of human rights in Bangladesh. At the same time inflation has added as another disaster in the lives of millions of people. High inflation is never good for the economy, let alone the millions of working people of the country. Most of the people country are straightaway experiencing the blunts of high inflation, but these people are the majority and the vital forces of the economy of the country. References: Economic Review of Bangladesh (www.mof.gob) Paul A. Samuelson & W.D. Nordhaus Ã¢â¬Å"EconomicsÃ¢â¬ E. Mansfield Ã¢â¬Å" Microeconomics: Theory and ApplicationÃ¢â¬ John Sloman Ã¢â¬Å"EconomicsÃ¢â¬ Akhtaruzzaman, Md. Ã¢â¬Å"Inflation in the Open Economy: An Application of the Error Correction Approach to the Recent Experience in Bangladesh,Ã¢â¬ Working Paper Series, WP 0602 (2005), Policy Analysis Unit (PAU), Research Department, Bangladesh Bank. Bangladesh Bureau of Statistics. National Accounts Statistics of Bangladesh (Revised Estimates, 1989-90 to 1998-99), Strengthening National Accounts and Poverty Monitoring Project (SNAPMP), National Accounting Wing (NAW), BBS, Ministry of Planning: Statistics Division (2000). Wikipedia (https://en.wikipedia.org/wiki/) Bhattacharaya, D. Ã¢â¬Å"Bangladesh Economy: Macroeconomic Performance,Ã¢â¬ mimeo, Centre for Policy Dialogue, Dhaka (2004). Available at www.cpd-bangladesh.org (access date: 1, December 2005). Bruno, M. and W. Easterly. Ã¢â¬Å"Inflation Crises and Long-Run Growth,Ã¢â¬ World Bank Policy Research Working Paper No. 1517 (1995). Khan, M. S. and A. S. Senhadji. Ã¢â¬Å"Threshold Effects in the Relationship between Inflation and Growth,Ã¢â¬ IMF Staff Papers, Vol. 48, No. 1 (2001). Tobin, J. Ã¢â¬Å"Money and Economic Growth,Ã¢â¬ Econometrica, 33 (1965), pp. 671-684.
Sunday, January 5, 2020
Introduction The effects of alcohol on the human body are well documented. Researchers have over time demonstrated that excessive consumption of alcohol, what is herein referred to as alcohol abuse, does adversely affect the human body. In this text, I define the term alcohol abuse and examine the effects excessive consumption of alcohol has on the human body. What is Alcohol Abuse? It is important to note from the onset that the term alcohol abuse does not have an assigned definition. While the same can loosely be translated as the excess consumption of any kind of alcoholic beverage, different jurisdictions tend to differ over what amount of alcohol should be regarded excess for different people. The Dietary Guidelines for Americans according to Centers for Disease Control and Prevention - CDC (2012) defines moderate drinking as having up to 1 drink per day for women and up to 2 drinks per day for men. Anything above this limit can hence be considered heavy or excessive drinking. On the other hand, alcohol abuse in the opinion of Steinglass (1987) refers to a chronic pattern of excessive alcohol consumption in the face of recurrent adverse physical or behavioral-social consequences. This is the definition of alcohol abuse adopted in this text. Alcohol in the Human Body As I have already pointed out in the introductory section, the adverse effects of alcohol on the human body are well documented based on numerous studies conducted in the past. BeforeShow MoreRelatedAlcoholism And The Human Body1653 Words Ã |Ã 7 PagesAlcoholism and the Human Body. Anita Samu Absher Southern New Hampshire University Abstract Alcoholism and the Human Body. Ã¢â¬Å"Ethyl alcohol, or ethanol, is an intoxicating ingredient found in beer, wine, and liquor. Alcohol is produced by the fermentation of yeast, sugars, and starchesÃ¢â¬ (cdc.gov, 2014) and it has been part of our society for thousands of years. It is part of most social occasions we participate in, it is often celebrate an event or even mourn a loss but this substance can alsoRead MoreHow Do Drugs and Alcohol Affect You1495 Words Ã |Ã 6 PagesDrugs and Alcohol Affect You Sarah Tate Kaplan University-Omaha CJ411 Drugs and Alcohol May 15, 2012 Kerry Neumann Drugs and alcohol can cause short and long term damage to the human body. People that abuse drugs and alcohol may not be aware of the damage they are doing to their bodies. There are also psychological effects that drugs and alcohol can do to the human mind. These psychological effects can and may be permanent depending on the drug used and prolonged use of drugs and alcohol. HereRead MoreAlcohol Abuse and Alcohol Anonimus Essay708 Words Ã |Ã 3 PagesAlcohol Abuse is part of disorder that affects many people throughout the world. 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This study will focus on the probability to ban marketing advertisements of alcohol, cigarette and medically prescribed substances as theRead MoreThe Effects of Alcohol on the Human Body1420 Words Ã |Ã 6 PagesThe effects of Alcohol on the Human Body Name: Institution: Introduction Today, alcohol is one of the most common substances that people abuse. It is an addictive drink that has become a popular way of having a good time or relaxing in social gatherings. It is among the most commonly used psychoactive drugs. Alcohol is a popular social phenomenon, yet most societies forget its effects on their bodies. Research has carried out in the recent years on the effects that alcohol consumption is havingRead MorePsychoactive Drugs : The Single Convention On Narcotic Drugs1587 Words Ã |Ã 7 Pagesand drug abuse the entire conglomerate of problems, ranging from illicit manufacturing and trafficking to abuse, called shameful and disgusting crime. And it can be called a kind of ostrich policyÃ¢â¬ (The Single Convention on Narcotic Drugs of 1961). There are four key groups of psychoactive drugs: stimulants, depressants, opioids and hallucinogens. This classification is conditional because most psychoactive drugs have several effects on the psychological and physical activity of the body, dependingRead MoreLong Term Effects of Alchool818 Words Ã |Ã 4 PagesKeith McGrenaghan 12th Grade Alcohol essay The Long-Term Effects of Alcohol Use Alcohol is primarily absorbed through the stomach and the small intestines. It is considered a food because it has calories, but does not need to be digested and proceeds directly into the body through the digestive system. After ingestion it is carried through the blood stream and crosses the bloodÃâ"brain barrier, at which time impairment begins. 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It is an addiction that effects more people than just the alcoholic. Over 100,000 Americans die as a result of alcohol abuse. Results prove
Saturday, December 28, 2019
In my paper I will be discussing what medical terminology is, where it came from, and how it is applied to medical assistant careers as well as how it is applied to medical administration careers. I will give examples of the importance of medical terminology and specific examples of where medical careers use medical terminology on a day to day basis. I will also give a brief summary and definition of what medical terminology stands for. After reading my paper you should have a good concept of medical terminologyÃ¢â¬â¢s importance, use, and why medical terminology is not just applied to medical assisting jobs but also why it is important for medical administration employees to also be familiar and have a good grasp on medical terminology.Ã¢â¬ ¦show more contentÃ¢â¬ ¦Decoding is very important because then it becomes easier to understand medical terminology. You should first break down the word by evaluating the meaning of the suffix, then prefix, and then the word root. This will in able a worker to identify what it is that is going on and be able to describe it to their patient and to the doctor or physician when asked. But first the worker needs to have a good sense of the origin of words which is called etymology. (Theirer Breitbard, 2007, p. 1-4)Once you have the basic rules down you should be able to put words together and take them apart by decoding them. You also need to make sure that the spelling and pronunciation are correct because if a medical term is used incorrectly, it can become very dangerous and sometimes life threatening because you diagnose wrong procedures and medication. It creates a communication for health care professionals to make sure that a patient is treated with the highest amount of service and to ensure that they are being treated with the right medication. Decoding is essential but the father of medicine also wrote the Hippocratic Oath. In this Oath physicians are meant to promise to practice medicine the right way. To make sure their pronunciation and spelling was always accurate and correct. The Oath has been in use for over two thousand years and physicians and doctors are to follow the Oath to the bestShow MoreRelatedThe Origans of Medical Terminology Essay3156 Words Ã |Ã 13 PagesThe Language origins of medical terminology Christy Hajdaj Ms. Fobear Medical Terminology (ME 1110) March 23, 2009 Medical terminology has a long and rich history that evolved in great measure from the Latin and Greek languages. Ã¢â¬Å"It is estimated that about three-fourths of our medical terminology is of Greek origin.Ã¢â¬ (Banay) Ã¢â¬Å"Latin accounts for the majority of root words in the English language.Ã¢â¬ (Fallon). We find that the Ã¢â¬Å"oldest written sources of western medicine are The HippocraticRead MoreThe Integumentary System with Medical Terminology1520 Words Ã |Ã 7 Pageslooking at the color of the nails. 1Nail diseases are in a separate category from diseases of the skin. Although nails are a skin appendage, they have their own signs and symptoms which may relate to other medical conditions. Nail conditions that show signs of infection or inflammation require medical assistance and cannot be treated at a beauty parlor. Deformity or disease of the nails may be referred to as onychosis. Onychocryptosis, commonly known as ingrown nails (unguis incarnatus), can affectRead MoreThe Use Of Medical Terminology Among Nurses1277 Words Ã |Ã 6 Pagesdo are the working units of any medical establishment. The field of nursing is a unique occupation, a mixture of the medical and hospitality fields. A nurse must be well equipped to perform medical care while also comforting their patients. To accomplish this feat, a specialized language has been developed consisting of medical terminology, extensive documentation, and body language. With such a large amount of complicated information being transferred in medical occupations, naturally, there areRead MoreThe Use Of Medical Terminology Among Nurses1658 Words Ã |Ã 7 Pagesdo are the working units of any medical establishment. The field of nursing is a unique occupation, a mixture of the medical and hospitality fields. A nurse must be well equipped to perform medical care while also comforting their patients. To accomplish this feat, a specialized language has been developed consisting of medical terminology, extensive documentation, and body language. With such a large amount of complicated information being transferred in medical occupations, naturally, there areRead MoreClassic Interactions Between Patients And Doctors1325 Words Ã |Ã 6 PagesClassic interactions between patients and doctors rely heavily on medical c ompetence. The doctor, the supposed superior in the arrangement, acts as a symbol for scientific proficiency while the patient exists as a sponge. While extensive knowledge is nonnegotiable in the field, empathy is a key component in ensuring proper diagnoses and sustaining healthy, impartial interactions. Margaret Edson s play W;t employs dialogue and discontinuous juxtaposition in order to draw attention to the inevitableRead MoreCause And Effect Of Symbicort1522 Words Ã |Ã 7 Pagesto your medication. Part II: The use of medical terminology is incorporated into everyday interactions and interpersonal communications in some form. TodayÃ¢â¬â¢s society is faced with different medical diseases and complications that lead to a decrease in lifeÃ¢â¬â¢s quality. With the ever growing issue of declining health statuses, biology and medicine are a relevant subject for almost everyone that is aware of of these particular issues. Medical terminology has become a vehicle for most individuals toRead MoreHS111_Unit4_Template1027 Words Ã |Ã 5 Pagesof a medical term. Please list them in the chart below under the heading Ã¢â¬Å"Medical Terminology Error.Ã¢â¬ After you have listed the errors, you will need to identify the correct term or abbreviation. Please list them in the chart below under the heading Ã¢â¬Å"Correct Term.Ã¢â¬ Complete the title page and at the end of the project, be sure to list all applicable references and cite them in APA format. Unit 4 Assignment Type your name here Kaplan University HS111-__ (section #) Medical TerminologyRead MoreHS111 Unit4 Template C1058 Words Ã |Ã 5 Pagesmisuse of a medical term. Please list them in the chart below under the heading Ã¢â¬Å"Medical Terminology Error.Ã¢â¬ After you have listed the errors, you will need to identify the correct term or abbreviation. Please list them in the chart below under the heading Ã¢â¬Å"Correct Term.Ã¢â¬ Complete the title page and at the end of the project, be sure to list all applicable references and cite them in APA format. Unit 4 Assignment Chelsy Davis Kaplan University HS111-_ (section 4) Medical TerminologyRead MoreEssay on Hs111 Unit 4 Assignment1121 Words Ã |Ã 5 Pagesmisuse of a medical term. Please list them in the chart below under the heading Ã¢â¬Å"Medical Terminology Error.Ã¢â¬ After you have listed the errors, you will need to identify the correct term or abbreviation. Please list them in the chart below under the heading Ã¢â¬Å"Correct Term.Ã¢â¬ Complete the title page and at the end of the project, be sure to list all applicable references and cite them in APA format. | Unit 4 Assignment kali spurling-tober Kaplan University HS111- 4 (section #) Medical Terminology Read MoreReasons For The For A Doctor s Work1027 Words Ã |Ã 5 Pagesterm can be used both by specialists of the sphere this term belongs to and those who are not. Therefore, there is a reason to give different definitions of terms depending on who requires it. For instance, when a doctor needs to determine a certain medical term, it is obvious that such definition should be extensive and contain all the information needed for the doctorÃ¢â¬â¢s work. In the same time, a simple person who has no any relation to medicine might also need to know the definition of that term. However