Alexander Hamilton’s Financial Plan Essay

After the Revolutionary War, the United States was left with a $52 million dollar national debt as well as a $25 million dollar debt from the individual states. Alexander Hamilton developed a financial plan to  re establish the credit of the US by providing for the payment of the nation’s debts. Hamilton established the credit of the United States by paying off the national debt. One way he did this was by exchanging old war bonds for new Federal Reserve bonds. In the eyes of other countries, this proved that the United States was responsibly paying off its debts. This allowed the US to borrow money, and establish good credit once again. Good credit was extremely important to the United States because it was the basis for foreign trade, and was necessary for growth of the economy. Without good credit, the US could not borrow money, would not be able to fund businesses, and would not be able to keep a stable economy. Answer A is the correct choice because the main point of Hamilton’s financial plan was to pay off the national debt in order to restore the nation’s credit. Another way Hamilton proposed to pay the nation’s debts was to raise money through taxing. His plan increased taxes on imported goods, as well as placed a tax on items such as whiskey. This raise in taxes not only affected the rich but the poor as well because the tax related to a variety of items. As a result of the tax on whiskey, a group of poor farmers in Western Pennsylvania rebelled, resulting in the Whiskey Rebellion. Answer B is incorrect because the taxes placed by Hamilton’s plan affected not only those most able to pay, but the average citizen as well. One part of Hamilton’s plan that was not approved by Congress was to provide funding to manufacturers, in order to boost production and the economy. This plan failed in the end because of opposition from the South. He also proposed to create a â€Å"protective tariff† in order to protect US manufacturers from foreign competition. Answer C is incorrect because Hamilton’s plan favored industry over agriculture, not the other way around. Around the Time that Hamilton was creating his financial plan, the US adopted a policy of neutrality. The US did not allot money to any type of military buildup, or need any their military for defense. Answer D is incorrect because during the 1970’s the United States was in a time of neutrality. Therefore Hamilton did not need to spend money on national defense. Today, Hamilton’s financial plan still remains in effect. Federal Bonds are still issued by the government. A bond is purchased, and over a certain amount of time the bond matures into a larger amount at a profit to the holder. This allows the government to use the money owned by the bond holder until the bond is cashed in. These federal bonds now used in the 20th century were developed by Hamilton in the 1790’s. Alexander Hamilton created a financial plan to help establish the United State’s credit after the Revolutionary War. The main goal of his plan was to provide for the payment of the nation’s debts. He did this by reissuing bonds, creating a protective tariff to protect manufacturers, combining the debts of the states with the nation’s debts, and creating a national bank to control the US’s money.

Compare and Contrast Sherman Alexie and Frederick Douglass

Different Worlds Same Struggle Sherman Alexie and Frederick Douglass both grew up in different time periods, in different environments, and ultimately in different worlds. They both faced different struggles and had different successes, but in the end they weren’t really all that different. Although they grew up in different times they both had the same views on the importance of an education. They both saw education as freedom and as a sense of self-worth and though they achieved their education in different ways they both had a strong will and a strong sense of self-motivation.Frederick Douglass and Sherman Alexie both grew up in different times and environments. Frederick Douglass was born in 1818 and was raised on a plantation as a slave, Alexie was born in 1966 and was raised on an Indian reservation, but being raised in different worlds didn’t make either of their struggles any different or easier than the others. They both faced judgment and discrimination agains t their races. Due to their different races they were both considered stupid, illiterate, and were thought to doing nothing with their lives besides working on a plantation or becoming an alcoholic and drug addict.Getting out of those types of environments and doing better things than what they were thought to do was just one of the many things that motivated them into getting an education. Both men had different ways of achieving their education. Sherman Alexie had Superman, his dad, as a guide for him. Alexie watched his dad do better for himself and his family than what a typical Indian was supposed to do. Watching his father read and educate himself was Alexie’s initial motivation for him to want to get his education.Frederick Douglass was one step ahead of Alexie in the fact that he had street smarts. Douglass self-educated himself, he had no one to look up to or to help him. Douglass essentially used the system to gain his education. He not only tricked white boys into teaching him how to spell and write, but he also used his own master’s, who did not want him to have an education in the first place, tools to help him get an education. In ways Douglass was already very smart and had already beaten the system that put him down. No matter the ifferent ways of obtaining their education or the different environments they grew up in, both men wanted the freedom that education offered them and had the same self-motivation to get it. Education was the key to their freedom, and not just physical freedom but mental freedom. With their education they were able to escape and unlock the chains of judgments that held them back and were able to give them a sense of self-worth. People listened to them and cared what they had to say and they became strong men of education.Alexie mentioned his father as being his Superman, but the true Supermen are him and Douglass. No one gave them the self-motivation to get an education they did it on their own. No one co uld force them into wanting to do better for themselves, they had to want it for their selves and they did. Alexi and Douglass were different but similar in so many ways. They both grew up in very different times, but faced all the same hardships. The both achieved things in different ways but they both made the same types of differences for their lives and did better for themselves.They showed people that no matter what you may grow up with or deal with in life, you can make a difference for yourself. Be your own Superman like Douglass and Alexie. No one handed them the key to unlock their success they did that on their own, and they taught people they could only do that for themselves. They obtained self-worth and freedom by their motivation for education, and they are people to look up to today. Dear Professor Smith, I think my writing has become better as I have moved along through your class. I was surprised on how much more comfortable I was with my writing.I really enjoyed wr iting about this topic; I thought it was very interesting. I felt pretty good about my topic paragraphs. TEAL has helped me a lot, and I tried my best to incorporate TEAL in my writing of this paper. I also really enjoyed the links for the websites that you posted on blackboard; I made good use of those and thought they defiantly helped me out with writing this paper. The most frustrating part of my paper was my thesis. I have trouble trying to make a specific, non-obvious, and debatable thesis. I try hard to make a argumentative thesis, but I have a lot of trouble with that.For this essay I was trying to use the point-by-point method that you had shown us. I liked how that method worked and thought it was pretty easy. I felt as though I did good using the point-by-point method and thought it helped to keep my paper from jumping around everywhere. I would defiantly like insight on my thesis because I mostly had trouble with that. Putting all three of those elements into a thesis is really messing me up because I have never had to do that before. Any insight you can give on my paper would be great, I want to continue to keep improving with my writing. Thank you, Katie Holt

5 Discoveries Re-write Assignment Essay Example | Topics and Well Written Essays - 500 words

5 Discoveries Re-write Assignment - Essay Example I have been enrolled in a well sorted course at a renowned university where I am mentored to attain skills of hotel management, convention and leadership in order to become competitive in the market. My targets are high but realistic and I being a student find myself on right track of acquiring appropriate skills and expertise to begin my entry level career in convention business. However I find few gaps while attaining my desirable outcome that I tend to focus and improve to be at par with the competitors in the market. My strengths in the context of my life objectives include courtesy, politeness, customer management, planning and execution. At the same time I have few weaknesses in parallel like being introvert, least expressive and weak in research abilities. Being an entry incumbent or executive in convention, it is required to have sound communication skills and knowledge about applying innovative techniques. I need to improve my communication skills and be aware of contemporary practices in convention to overcome my skill gaps. I like to follow up some on job training or internship to fill the skill gaps. I would like to mold my behavior and attitude in order to be the best incumbent for branded convention centers. In order to improve my communication skills and research abilities, I need to overcome the fear and introversion so I become more social and interactive. I need to brainstorm myself so that I think and propose at alternative angles in order to enhance my analytical and research skills. The first step is to acquire opportunity of internship at convention centers to learn practical aspects of managing convention business and shaping myself as further suitable incumbent. There are always people in our social circle who discourage or hamper growth. However, I have been duly supported by my family and I am blessed to find kind support and right guidance from home. Moreover, my

Diversity and Equal Opportunities with Curriculum links Essay

Diversity and Equal Opportunities with Curriculum links - Essay Example The concept of equality introduces a complex and dense legal framework, in spite of its aim of harmonizing and simplifying the labyrinth of discrimination law. This legislation has been the conclusion of a long procedure, involving discussion with several researchers. The Equality Act is also the result of political movement by organizations that work for equality. The Equality Act is an important example of legal improvement that is both the result of a movement of grass roots towards entrenching equality rules, with legislation that will support equality rules in the wider community for bringing parity among all citizens in a country.   Ethical values support sustainable growth, which promotes the concept of equalities, by: Creating clear conditions for goods and services which identify those ethical values. Considering the ethical qualifications of potential suppliers, as well as specific fundamentals as part of the evaluation criteria where suitable. Requiring dealers of goods and services to give ethically options, and being willing to allow the further costs where these can be genuinely justifiable. Undertaking the ethical assessments that recognize which parts of the ethical Policy apply to a particular procurement and evaluate what impact those policies must have one process of procurement. In this context the act of ethical impact assessment as a co-coordinator of every other aspects impacts the assessment. Stereotypes cause assumptions and conclusions based on a person's gender and race preferences. Making such assumptions and conclusions in turn leads to discrimination. Stereotypes can be about religion, race, gender, disabilities, age, geographical locations and income. This practice has its origin in discrimination and is an unjustified and negative approach based on a person’s class or groups identity deriving either during past individual experiences or preconceived incorrect beliefs. It contains having an approach, perception or opinion about a group. Stereotype is a mental image developed as an effect of a myth or a misconceived notion. People don’t often realize the expression of their prejudices. Stereotyping is a finishing point and can be described as the act by which people imagine or recall an information regarding others based on their religion, race or other considerations. Discriminating and stereotyping against a certain class or a certain group of individuals that are mostly protected by law, not only influences the base line revenues of the place of work, but also decreases morale. It also discourages employees, limits the ability of recruiting and constraints the possibility of retaining talent. All these issues will not only reduce efficiency, but also subject the organization to legal proceedings that may cost millions of dollars in settlements and disciplinary damages, with the further risk tarnishing its image forever. Such practice can be extremely detrimental in the case of small and med ium sized enterprises (SEMS). The population of students in different schools is highly diverse, and this group is likely to rely on generalization. These students differ from one another in many ways such as in culture and language environment, socioeconomic position, family histories, mobility, previous school experiences, and educational courses. Different cultures in curriculum are a

Critically evaluate the major characteristics of the Chinese style of Essay

Critically evaluate the major characteristics of the Chinese style of management and how it differs from traditional western management styles - Essay Example Most people under the Chinese management styles do receive instructions or duties from the managers though their. In the western part people work like managers since of the two –way communication they use while making decisions. While in China people have to be managed together with the managers due to benevolent father system. The Chinese management style is benevolent father where the parent will have to supervise the children on everything that needs to be done. The parent system of management believes in the discipline and the attention to details and manages the people at a micro level. This means that the benevolent manager spends a lot of time caring for the personal welfare of the employees, incase of conflict the benevolent system will have to solve the conflict in amicable manner. The benevolent system is regarded as part of the job to supervise all the employees in the organization. According to Michael (1996), the Chinese style of management is different from the t raditional western management since the western emulates managers who are resourceful democrat. This means that if one is the manager one will set the vision and strategy for the business but the company will have to empower the subordinate to execute. Western style of management encourages two –way communication with the employees and allows bottom decision making. In terms of working hours, the management style of Chinese is still different from the western traditional style of management. Ilan (2003) states that the economy of China is growing at a breakneck pace and long working hours for the employees is normal in business. The attitude towards time management and work is highly considered in China where an employee will have to work for so many hours and expected output should be high. Life balance is very different in China and the traditional western management style. Western

An investigation into the use of Six Sigma within the Irish Dissertation

An investigation into the use of Six Sigma within the Irish construction industry - Dissertation Example .8 Ethical Considerations 40 3.9 Method of Data Analysis 41 3.10 Conclusion 41 Chapter 4: Results and Discussion 42 4.1 Introduction 42 4.2 Results 42 4.3 Discussion 71 Chapter 5: Conclusions and Recommendations 77 5.1 Conclusions 77 5.2 Recommendations 79 References 82 Appendix A – Survey Questionnaire 87 List of Tables Table 1. Frequencies: Intent of the company to adopt Six Sigma in the near future. 43 Table 2. Frequencies: Number of years of existence of the company within the industry 43 Table 3. Frequencies: Company size in terms of number of employees. 44 Table 4. Descriptive statistics: Improvement of company metrics: Financial Aspect. 44 Table 5. Descriptive statistics: Improvement of company metrics: Customer Aspect. 45 Table 6. Descriptive statistics: Improvement of company metrics: Operations Aspect. 46 Table 7. Descriptive statistics: Assessment of leadership ability. 48 Table 8. Descriptive statistics: Assessment of leaders’ passion. 49 Table 9. Descriptiv e statistics: Management interest in quality improvement. 50 Table 10. Descriptive statistics: Customer focus. 51 Table 11. Descriptive statistics: Management of information. 53 Table 12. Descriptive statistics: Strategic management. 54 Table 13. Descriptive statistics: Assessment of the leader’s capacity to execute strategy. 55 Table 14. Descriptive statistics: Assessment of process management competence. 58 Table 15. Descriptive statistics: System of measurement. 59 Table 16. Descriptive statistics: Problem solving capacity. 60 Table 17. Descriptive statistics: Assessment of infrastructure, management system and resources. 61 Table 18. Descriptive statistics: Independent and dependent variables overall. 63 Table 19. Coefficient of determination: Predictors of Six Sigma adoption and use. 64 Table... The objective of the study aims to establish if key / top management ability influences the readiness of adoption and use of Six Sigma in the said industry. This factor was found to positively and significantly predict the readiness for adoption and use of Six Sigma within the Irish construction industry. The next objective is meant to establish if organisational ability influences the readiness of adoption and use of Six Sigma in the said industry. This variable did not significantly predict the dependent variable. Given the Six Sigma scheme’s propensity for facilitating business processes, it is applicable in a whole host of industries besides the manufacturing industry, the construction sector included. While traditional quality improvement initiatives focus heavily on detecting errors and then correcting them, a company operating under the Six Sigma scheme would be able to ensure that such errors never occur in the first place by establishing and then strictly adhering to a set of standards. The construction sector is the largest labour-intensive industry that makes significant contributions to the Irish economy (Duffy, Graham, and Thomas 2007). The process of planning in Ireland has brought about numerous regulations that emphasize the design, manufacturing and construction of buildings, particularly the need to adhere to quality standards and ensure that the expectations of owners or occupiers are met.

Drug Dependence is a Condition Essay Example | Topics and Well Written Essays - 500 words

Drug Dependence is a Condition - Essay Example Different types of drugs have different mechanisms of action. Depending on the type of drug and the form in which it is administered can cause a wide range of variation of symptoms. Almost all drugs, however, interact with the dopaminergic reward system. Dopamine is a neurotransmitter which is often a pleasure producing chemical. Drugs can either act as agonists or antagonists on receptors, which impact the secretion of this rewarding chemical. As a result, drug users use this in order to achieve the euphoria. Eventually, it takes more and more of the drug in order to achieve the same level of euphoria. This is the beginning of addiction. For drug users who have been using for years, this addiction becomes life essential to the point that it has altered their physiology and if they were to stop using, it would result in death. Thus this addiction moves from becoming a criminal intention to a medical condition. For example, methamphetamines are an extremely powerful drug, which can le ad to the chemical addiction as mentioned above. The withdrawal symptoms can have severe physiological symptoms as well as lead to death due to the lack of medication. This lead to the production of a medicine known as methadone, which is a pharmaceutical which can keep the side effects from methamphetamine occurring, but itself is addicting. In addition, the war on drugs has been occurring for many years, but illegal drugs still are being used and will still make their way onto the streets. As long as there are buyers and sellers, the drug trades and cartels will continue to exist as they find better and more covert ways of initiating their drug transactions.