Monday, August 24, 2020

Both Sides of the Coin

As the renowned clichã © goes, â€Å"times are changing†, and so as to stay up with the snappy changes that constantly happen, individuals likewise change. Their lifestyles, acclimate to what is by all accounts the call of need. Going with this is an adjustment in the way of life and what used to be restrictions of old have become typical events in the present. One of the restrictions, which practice is seen as expanding is dwelling together (Cheal 24). In the same way as other remarkable practices, the development of dwelling together in the way of life of a nation has the two focal points and disadvantages.Cohabitation or living respectively might be characterized as a non-conjugal association (Brien et. l. ). It has various aspects. Some consider it to be an option for marriage while others see it as a method of discovering affirmation for an enduring marriage (â€Å"The Facts behind Cohabitation†). In the 1970’s, examines have discovered that various youthfu l grown-ups selected to defer marriage and chose to live together. The expanding number of living together prompted a decrease in relationships (Cheal 24). The decrease in marriage end up being one of the drawbacks of living together. Since marriage guarantees the authenticity of future youngsters, dwelling together may result to progressively ill-conceived children.This may create kids with insecure passionate and instructive improvement because of interruptions on their family life (â€Å"The Facts behind Cohabitation†). Another drawback is that there is a high likelihood of rate of undermining the two gatherings included. On account of the non-duty nature of this sort of association, there is no convincing power that guarantees devotion for the two accomplices. There are no rails that may keep both the man and the lady included loyally to one another and to the alleged relationship they are into (â€Å"The Facts behind Cohabitation†).A third detriment that a few cou ples see as a bit of leeway of this sort of set up is that it doesn't console of an enduring marriage toward the finish, all things considered, It has been discovered that couples who live respectively before genuine marriage have precarious associations and normally end up in separate. The absence of responsibility that the couples have developed into during living together may mean less will to work for the advancement of a relationship, yet more will to cut off an unacceptable association (Brien et. al. 2). In spite of this, there are still couple who pick dwelling together as opposed to marriage.Some couples discover the burdens that were prior referenced dominated by the favorable circumstances they find in this non-conjugal set-up. In one case, couples who are less monetarily steady however wants to be together decide on dwelling together as it is less expensive when contrasted with a real marriage. The expenses and advantage framework require a lot of cash. Accordingly, indiv iduals whose wages are low and whose employments are unpredictable think that its simpler to live together as opposed to authoritatively get hitched (â€Å"The Facts behind Cohabitation†).Another preferred position of dwelling together comparative with funds is the non-responsibility nature of the set-up. Since there is no agreement that was marked and there are no formal and lawful terms that were settled upon, partition is as simple as getting together. There is no compelling reason to record and experience the tiring procedure of separation particularly when the relationship is done working. This functions admirably with couples whose cash has preferred things to go to over separation cases (â€Å"The Facts behind Cohabitation†). To finish up, individuals who think of it as an untouchable have motivations to see it as such.There are numerous reasons why for certain couples, it is a training that ought not be bolstered and rather repudiated. Then again, it ought to l ikewise be noticed that there are additionally reasons that demonstrate for dwelling together as a superior alternative when contrasted with real marriage. Individuals who are expert dwelling together ordinarily have individual reasons in settling on this sort of set-up. All things considered, the issue of dwelling together should not be trifled with since it might influence the solidarity of a country, particularly that which maintain a person’s own sentiment.

Saturday, August 22, 2020

Middle School vs. High School Essay

Getting up on the morning of the primary day of secondary school felt like butterflies assumed control over my stomach. I needed to assemble a dazzling outfit, fix my hair, and put on engaging cosmetics. Realizing that in about an hour I would enter a very surprising school condition than what I’m used to terrified me. Inside each time of the school day, the butterflies began to shudder out of my stomach and into my new learning climate. Despite the fact that understudies will in general dread secondary school and think it is a bad dream to progress from center school to the following level, going to secondary school isn't quite a bit of an emotional change. Prior to starting secondary school, you are required to pick levels that you feel good with that compare with the school-picked courses. You likewise need to pick three elective classes. Any of these classes could incorporate Art, Chorus, Intro to Family and Consumer Science, Accounting, Graphic Presentations, and some more. The entirety of your picked classes get a letter grade, much the same as center school, yet the necessary classes are picked by your scholastic ability. For instance, in the event that you are the sort of understudy that doesn't do well academic, you would pick a level three class. This choice is an extraordinary method to improve in school. Likewise in secondary school, there are increasingly extracurricular choices. Secondary school offers a various measure of clubs and sports. From soccer and swimming to ping pong club and French club. On the off chance that any of the extracurricular exercises don’t intrigue you, you even have the chance to make your own club with the assistance of an instructor. In center school, your classes are now chosen and you can't transform them. These classes are compulsory, much the same as secondary school, yet everybody learns at a similar level. This can be a drawback for understudies who take more time to process than others. Likewise, in center school, you can't make your own clubs. The games and clubs the school gives are your lone determinations. Progressing to secondary school is a major eye opener particularly as a result of the individuals. Folks have facial hair and young ladies are progressively developed. Secondary school goes connected at the hip with a wide range of sorts of individuals and various kinds of clubs too. A few models are muscle heads, geeks, populars, addicts, and gays. In center school, there were less individuals making everybody natural withâ each other. Some being naã ¯ve and unpracticed, they are not used to seeing various kinds of individuals. By and large, secondary school is much greater. Not exclusively is there a ground floor, yet an upstairs too and there are a lot more lobbies. Despite the fact that classes are more distant separated, there is additional time in the middle of classes. Indeed, three minutes more than center school. This permits time to go to your storage before a class and you can even stop to talk in the lobbies. Since center school permitted just two minutes in the middle of classes, you must be snappy with trading books. In secondary school, you can take as much time as is needed and show up to class on schedule. The change to secondary school is a major advance in training, however it doesn't need to be a dreaded one. Another condition carries with it new difficulties and stresses, be that as it may, sooner or later you will acknowledge it wasn’t quite a bit of a striking change as you suspected.

Wednesday, July 22, 2020

How to Choose the Best Examples of Introduction Essay for College Application

How to Choose the Best Examples of Introduction Essay for College ApplicationWhen it comes to samples of introduction essay for a college application, there are many factors that go into this type of essay. The way in which you choose to deliver your introduction and the tone in which you deliver it will reflect on your final grades and could get you further consideration from the college.First, you must realize that the best approach to this type of essay is to approach it in a conversational and casual tone of voice. Be honest with yourself when you consider the tone of your introduction. If it sounds like you are cold and disinterested, you probably should use a different approach.Then you must decide how to finish your body of work. You should include all of your major points in the body of your essay, even if you do not offer any solutions or counter-points. This will establish your credibility. Some students say that they need to include their opinion too much, but this only di lutes the value of your paper.The key is to convince the college admissions officers that you have thought out your decision and have done your homework. The essay itself is a great tool to use for this purpose, but not if you show a lack of proper research.Your sample of introduction should be thoughtful and reflect your background, personal history, your academic performance, and any special circumstances that might influence your decision to apply to college. Write about your purpose, your values, what you enjoy doing in your spare time, and any experiences that have shaped you as a person.You should be able to find brief examples of introductions for college application and then use these examples to help you produce a well-written introduction. Of course, you should use your own examples as well.At the beginning level of writing a good introduction, you should start with a question and then use a personal experience to guide you in answering that question. For example, ask your self what are your strengths, your interests, and where you think you can fit in. Also, ask yourself what you would be best suited for in college.You may also want to write an essay in which you create a rhetorical case for the reasons why you feel you are the best candidate for admission to college, a composition paper, or any other kind of essay. Knowing how to choose the best samples of introduction essay for a college application will help you with every part of your application.

Friday, May 22, 2020

The Current Indian Banking System Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1443 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? The financial world post global crisis of 2007 is vastly different than what it was before. Many factors that were paid little or no importance prior to crisis can no longer be ignored. Increasing number of multinational banks got their branches or subsidiaries opened globally. Don’t waste time! Our writers will create an original "The Current Indian Banking System Finance Essay" essay for you Create order With their increased presence and dominance, it was assumed that the formula for success in this sector has been discovered and mastered. Massive size, wide diversification across the entire spectrum of financial activities, intermediation, investment and insurance and global presence, combined with large pecuniary incentives were, apparently, the most effective way to achieve and sustain competitive advantage (Insan, Pinki Warne, D.P., 2011). The global crisis has made it clearly visible that these ways do not possess the required capability to sustain the financial businesses for long term. More so over, it was discovered that two key factors, rapid expansion and diversification, which were presumed to be contributing to success of banks were actually responsible not only for this downfall of banks but also for the financial industry globally. Though the banks were growing big but they failed to match their capabilities in risk identification and mitigation at the same pace. In this highly tangled economy, banks failure to manage risks effectively can result in its collapse causing a ripple effect on all other banks and ultimately resulting in failure of industry as a whole ,as seen in current global crisis (initiated by American banks) or during the Asian crisis of 1997-1998 (Aduda and Gitonga, 2011). Beyond the banking industry, it is also governments that are pulled in (when having to bail-out the industry thus saddling them with large debts) and the economy as a whole as the lifeblood of economy, i.e. financing is slowed down during the credit crunch. Banks become more more reluctant to lend money to anyone but the safest of all clients. The Current Indian Banking System The banking sector throughout the world is going through momentous changes and the banking sector in India is no exception to it. It is rapidly improving itself to be at par with global banks and survive the competition from foreign banks operating in India. Indian banking sector has undergone significant changes since its independence in 1947 and specifically major changes since the economy liberalization in early 1990s. The banking sector in India has extensive network, developed in order to support its growing and fast paced economy. The banks of India perform the dual role, one that of preserving countrys wealth and second that of a reservoir of resources required for development of countrys economy. For the growth of any country, it is of utmost importance that its financial industry and banks are developed and matured. Similar is the case in Indian scenario. Indian banking industry saw a surge of foreign banks in late1980s and early 1990s, post Uruguay Round of multilatera l trade negotiations under the aegis of General Agreement on Tariffs and Trade (GATT). During this period, there was significant increase in share of foreign banks in parameters such as income, deposits, investment, loans and advances and assets. However, in late 1990s it was observed that share of foreign banks in terms of profitability fell considerably. Two major factors that influenced this change were increase in efficiency of public sector banks and entry of private sector banks in Indian banking industry. Indian banks, both private and public, in their process of integration and globalization adopted international banking standards and practices. Currently, Indian banking sector comprises of 84 organizations, including 27 public sector banks, 27 private sector banks and 33 foreign banks operating in India. The Reserve Bank of India, i.e. Indian central bank, also identifies 30 state cooperative banks, 95 regional rural banks and 55 urban cooperative banks. The public secto r banking sector consists of 19 nationalized banks, State Bank of India (SBI), seven associates of SBI and the Industrial Development Bank of India (IDBI)  [1]  . The role of Reserve Bank of India (RBI) in Indian Banking system The Reserve Bank of India is the central banking institution of India, established in 1935 and nationalized in 1945. RBI is the governing authority that plays the pivotal role of formulating, implementing and monitoring Indias monetary policies. Being the backbone of Indian economics, Reserve Bank of India also helps government of India and state governments in developing their finance strategies. In addition, RBI also acts as regulator and supervisor of countrys financial system. It defines the parameters within which any bank or financial agency has to operate in Indian market. Under the section 42(1) of the RBI act, it is mandatory for all commercial banks in India to maintain an account and deposit defined cash, called as Cash Reserve Ratio (CRR) with Reserve Bank of India. Besides CRR, RBI also requires Indian banks to maintain Statutory Liquidity Ratio (SLR) i.e. to put prescribed amount of liquid assets such as gold, cash and approved securities with RBI. It uses variance in bank/interest rate to not only maintain ample liquidity in the system but also to roll back excess liquidity, once the required economic growth has been attained. Ensuring that there is sufficient liquidity available in the market restores confidence of investors into banks and into financial markets. All these measures are used by RBI to hedge against uncertainty of outcomes countrys monetary policies  [2]  . According to World Bank report, GDP growth rate of India was 9.8% in 2007 and 3.89% in 2008. The sharp decline in growth rate was the direct impact of global financial crisis. As a measure to curb this sharp fall, RBI introduced number of fiscal stimulus packages and other measures to cushion the impact and enhance the economic growth. For a long term fiscal consolidation, RBI uses combination of monetary and debt management tools to streamline government borrowing programs and consequently, spurs investment demand. In first half of 2009-10, RBI launched Open Market Operations (OMO) purchases and Market Stabilization Scheme (MSS) which will reduce CRR by three percentage points and thus, will leave adequate resources with banks to expand credit to potential investors. Besides regulating, countrys monetary and fiscal policy, Reserve Bank of India also provides commercial banks with payment and settlement infrastructure. All inter-banks transactions are routed via RBI. The global financial crisis and its impact on Indian banks With the increasing globalization and ever increasing participation of India in world trade, it would have been immature to expect that global crisis had no impact on Indian economy. Though the Indian banks did not have significant presence outside India and were not directly exposed to sub-prime mortgages by foreign investments banks, still the global crisis created an impact on Indian economy and thus, on its financial sector, trade flows and exchange rates (Kumar and Vashisht, 2009). The three main entities that constitutes Indian financial sector are banks, equity markets and external commercial borrowings. Each of these entities was differently affected by global crisis. RBI maintains very stringent controls over Indian banks and during this period, it further tightened its controls. One of such significant steps taken by RBI during the crisis was the increase of requirements in loan evaluation for all real estate related requests, which in turn help to decrease the probabi lity of real estate price bubble. Except one bank, ICICI, most Indian banks were not exposed to sub-prime mortgages. ICICI got jitters from global crisis but its strong balance sheet and support by government helped it sail smoothly through the crisis. The banking sector as a whole declared a profitability of 43% for the third quarter of 2008, maintained a capital risk weighted ratio (CRAR) of 13% and brought non-performing assets well within the acceptable norms  [3]  . Though Indian banks did not have considerable direct impacts but indirect impacts were quite large. As soon as Lehman Brothers collapsed, there was high liquidity squeeze in global market which was immediately passed on to squeeze in Indian market. The banks and corporations which were earlier relying on foreign sources for their credit demand had to then focus completely on domestic banking sector, and this in turn fuelled the short-term lending rates. Also, seeing the collapse of major banks world over, Ind ian banks became more risk averse and consequently resulted in decline of credit expansion rate. The other indirect impact which prominently surfaced during this period was the transfer of capital from private banks to public banks. Under the Indian bank Nationalization Act, it is stated that all obligations of public sector banks will be met by Indian government in case of any failure. This was a huge factor which made investors believe that their deposits will be way safer in public banks and thus gravitated their capital towards public banks (Viral V. Acharya1 and Nirupama Kulkarni, 2012)  [4]  . The significance of risk management in Indian banks

Thursday, May 7, 2020

Ethical Issues in Film - 1518 Words

Racial profiling is a term society has become familiar with in the past few years; however, it is not a new phenomenon. Racial profiling according to Fredrickson, occurs when law enforcement officials rely on race, skin color, and/or ethnicity as an indication of criminality, reasonable suspicion, or probable cause, except when it is part of the description of a particular suspect (1). There are many opposing views on racial profiling; some believe it to be a useful tool used by law enforcement, while others believe it to be another way to discriminate against minorities. This paper sets out to examine racial profiling from its origin to present day, taking a look into both sides of the racial profiling issue to find what if any laws are†¦show more content†¦On the other hand, there those who believe in civil rights and that each and every individual has the freedom to live without the harassment of law enforcement constantly lingering in the back of his or her mind. These i ndividuals hold the opinion that racial profiling is just another way to discriminate against minorities within the US (Balkin). The United States Government tends to agree with those who believe it is a form of discrimination, thus allowing State and Federal agencies to take active roles to eliminate or to lessen the occurrence of racial profiling by law enforcement agencies. On June 9, 1998 the Transportation Equity Act (TEA) was passed, which was the first federal racial profiling provision. The TEA included a provision that allows states to apply for federal funds up to sixty million over six years to develop racial profiling laws, to maintain racial data of vehicle stops by police and to train law enforcement officers so that they do not make stops on the basis of race. The provision contained tough requirements for qualifying for the federal grant funding, including a state law prohibiting the use of race or ethnicity of drivers or passengers to any degree in making traffic stops. Also a state must maintain racial and ethnic statistics on each and every vehicle stopped (Pampel). More recently in February of 2001 in an address to a joint sessionShow MoreRelatedEthical Issues in the Film Erin Brockovich898 Words   |  4 PagesElectric who knowingly endangering the health of residents and the water supply in the town of Hinkley. Erin is the mother of three children who is out of work. In the midst of her job search she got into an auto accident and was injured. Erin has an ethical and moral responsibility to feed her children so she forces her lawyer Ed Masry to give her a secretarial job after he failed to get her a settlement from the auto accident. Erin has difficulty fitting in at the firm, the other female co-workersRead MoreEthical Issues in Film Erin Brockovich Essay552 Words   |  3 Pages Ethical Issues in film Erin Brockovich There are many ethical issues in the movie Erin Brockovich. This movie is about a mother of three who uncovers a water poisoning case by Pacific Gas Electric Company (PGE) in southern California. Erin has the responsibility to feed and educate her three children and she has a general distrust of people. She begins by forcing her lawyer Ed Masry to give her a secretarial job after he failed to get her a settlement from an auto accidentRead MoreThe Ethical Issues Of Downloading Pirated Music And Films2572 Words   |  11 PagesWe all know that downloading pirated music and films is illegal, but what exactly is it? The term piracy refers to the copying and selling of music, films and other media illegally; in other words you are copying and selling copyrighted media without the permission of the original owner (NiDirect, n.d.). With the massive growth of the internet and its ability to store and capture vast amounts of data, we have become much more reliable on information systems in all aspects of life, but it does notRead More Ethical Issues in film Erin Brockovich Essay1534 Words   |  7 PagesEthical Issues in film Erin Brockovich There are many ethical issues in the movie Erin Brockovich. This movie is about a mother of three who uncovers a water poisoning case by Pacific Gas Electric Company (PGE) in southern California. Once it was proved that the company had knowingly dumped hexavalent chromium into the ground water, the utility company was found liable for a $330 million dollar verdict. Erin has the responsibility to feed and educate her three children and she hasRead MoreThe Responsibility Project Essay951 Words   |  4 Pages Ethical principles contribute and can be utilized to address the organizational issues. This paper will discuss the way ethical principles get used for addressing the issues. This paper includes the information of a short film which is retrieved from the Responsibility Project web site. The paper includes several discussions which are; why are the issues in film are important? What role do external social pressures have in influencing organizational ethics? How might these issues be relevantRead MoreThe Responsibility Project Essay940 Words   |  4 Pages Instructor The Responsibility Project Ethical principles are something that can address any organizations issues. How to use these ethical principles are what we will address in this article. From the website â€Å"The Responsibility Project†, we will see how ethical principles are important in any organization, and how they can shape and change them. From the website, we will be reviewing the film â€Å"Good Vibrations†. Why are the issues in the film important? Good Vibrations is an animated taleRead MoreEthics issue in Pirates of Silicon Valley959 Words   |  4 PagesEthics Ethics Issues in â€Å"Pirates of Silicon Valley† The film, â€Å"Pirates of Silicon Valley,† is a review of the building of both Apple Computer and Microsoft as told through the lens of people that worked with both Steve Jobs at Apple and Bill Gates at Microsoft. The film addresses both the inner working of the two companies and the ethical issues that arise from their leaders, Jobs and Gates, desire to be the most important person in their chosen industry. While the film primarily focusesRead MoreGreystone Bakery Eth316 Essay1178 Words   |  5 PagesEnterprise ETH/316 A Successful Social Enterprise Ethical issues can strengthen both people and the community. Businesses in the community will generate a much more loyal following if they behave in an ethical manner with regard to the community. In this paper I will describe the ethical issues and how those issues may be used in organizational and personal issues, and the association between legal and ethical issues shown in the film, Greyston Bakery. The bakery has operated since 1982 andRead More Ethics in Filmmaking Essay1543 Words   |  7 PagesEthics in Filmmaking One of the integral things that must be addressed when making a film is the ethics involved. Ethics are a constant issue that have to be carefully considered when filmmaking. This difficult decision-making is highly prevalent in that of documentaries, because of the difficulties associated in filming ‘real people’ or â€Å"social actors, (Nichols, 2001).† More importantly, the issues faced by a filmmaker differ between each of the documentary modes. Each particular documentaryRead MoreMoral Dilemmas In The Movie Remember The Titans897 Words   |  4 Pagesbe analysing the moral issues and moral dilemmas in non-literary texts and understanding and evaluating how text structures, language and visual features can be used to influence audience response. A moral issue is one’s opinion on what is right or wrong whilst a moral dilemma is when one is called to take action that violates their values. The film that I will be analysing is ‘Remember the Titansâ €™ a film directed by Boaz Yakin. One of the moral dilemmas characters in the film face is whether they

Wednesday, May 6, 2020

History 1302 Note Free Essays

string(864) " of the French construction of a canal across the Isthmus of Panama, Philippe Bunau-Varilla, in organizing a â€Å"revolution† against Columbia \* On November 3rd,1903, a revolt against Columbia broke out in panama city with arm distributed by the city fire department \* Marines from three US hips prevented Colombian troops from reaching Panama city \* November 6th,1903 : secretary of the state john hay recognized the newly established country of Panama \* March 14th,1904: the supreme court decided against the northern securities company in the Sherman antitrust case that the Roosevelt administration had brought against the company in 1902 and ordered the dissolution of the company \* November 8th, 1904: president Roosevelt won the presidential election, to whom, some historians have asserted, a large percentage of growing urban white-collar vote went\." * In the â€Å"reconstruction† congress required the setting up of new state government for a second time. * The 14th amendment stipulated that no state shall â€Å"deprive any person of life, liberty or property, without due process of laws; or deny to any person within its jurisdiction the equal protection of the laws† * March 4th 1689 Former Union General Ulysses S. Grant, a republican, took office as the 18th president of the US, having campaigned on the slogan: â€Å" let us have peace† * Alaska had been purchased recently in 1867, for Tsar alexander II of Russia for $7. We will write a custom essay sample on History 1302 Note or any similar topic only for you Order Now 2 million * The purchased of Alaska had been criticized as â€Å"Seward’s Folly† in ridicule of secretary of state William Henry Seward because of a popular view that Alaska was a cold land of little economic value except for fur and fishing. * January, 1870 John D. Rockefeller incorporated the standard Oil Company in Cleveland, Ohio * Within 5 years standard oil company controlled kerosene refineries in New york, Philadelphia and Pittsburgh, and talking over kerosene marketing terminal and distributors * September 4th, 1872 New York city’s Sun newspaper exposed the Credit Mobilier scandal * Massachusetts congressman Oakes Ames, together with director of the union pacific railroad, had formed a construction company which received large government contracts * Furthermore, congressman Ames had distributed shares of the company to other congressman, to official in the cabinet, and to Vice –president Schuyler Colfax * Till 1920 the majority of the US population was engaged in agriculture * Farmers and democratic candidates for office favored the coinage of silver, because some thought banks and financiers in the northwest manipulated the price of gold * March 4th 1874: President Grant began his second term March 11th, 1874: The Wiscons in legislature passed the potter law, which imposed state regulation of railroad freight rates * It was call â€Å"a Granger law†, because a farmer’s association growing in importance, the National Grange of the patrons of husbandry, called the â€Å"Grange† for short, had been pushing for government regulation of rail road freight rates * In 1874 what has been called â€Å"home-rule†, â€Å"the solid south†, and â€Å"the new south† was happening instead of boycotting the reconstructed state government, whites began voting in large numbers again, turning out carpet baggers, scalawags, and radical republicans and replacing them with Democrats * The discovery of gold and silver had been a major factor in drawing people from the east half of the U. S to California in 1849,, to Colorado and Nevada in 1859, and to south Dakota in 1875 * On the seventh ballot, it nominated Ohio governor Ruther Ford B. Hayes for president * June 26th 1876: in the battle of little bighorn, 265 cavalry under the command of Lt. Colonel George A. Custer were killed while pursuing the Sioux in Montana territory * January 16th, 1883: Congress passed a civil service act introduced by senator George H. Pendleton of Ohio, the Pendleton civil service reform act, which set up a three member commission to oversee entrance exams for 14000 federal jobs, to which presidents could add in the future. * February, 1883: The senate ratified a treaty of friendship and commerce between the US and Korea * March 3,1886: Grover Cleveland a democrat took office as president * February 4, 1887: Congress passed the interstate commerce act, which prohibited railroads from discriminating among shippers, prohibited railroads from fixing prices, prohibited railroads from forming pools to divvy traffic among themselves and authorized the formation of a presidentially appointed five members interstate commerce commission to regulate rates. On April 22 1889: President Harrison officially opened part of Indian territory to settlement * July 2, 1890: Congress passed the Sherman antitrust act * The Sherman antitrust act outlawed Rockefeller-like â€Å"trust†, in which shares of stock were exchanged for c ertificates, and it outlawed other combinations and â€Å"conspiracies† which restrained interstate commerce and foreign trade * On May 19,1891, members of the farmer alliances and labor unions meeting in a convention in Cincinnati , Ohio, formed a new people’s or populist party * July 2, 1982: The newly organized populist party in Omaha, Nebraska, and nominated a recently defeated greenback party Iowa congressman, James B. Weaver, for president * The platform of the Populist party called for government ownership of railroads, grain storage facilities, telegraph lines, and telephone line. * It called for the coinage of silver * It called for a graduated income tax * It called for popular election of US senators * It called for the secret ballot Test 2 note * February 18th 1898: a US battleship Maine exploded in Havana Harbor, Cuba * Afterward â€Å"remember the Maine† became a slogan of some American who blames Spain for the explosion and wanted go to war * Apri l 25th congress declare war on Spain * On July 1 – 2, 1898, US infantry under gen. Hamilton S. Hawkins took San Joan Hill to the east of Santiago * Nearby, Colonel ( and recent assistant secretary of the navy ) Theodore Roosevelt, on horse-back, charge up Kettle Hill, followed by the 9th and 10th African American regiment, on foot * February 6th,1899: the US senate ratified the formal treaty ending the Spanish – American war, the treaty of Paris is which Puerto Rico became US possession, the US paid Spain 20 billion for the Philippines and the independence of Cuba was recognized * September 6th,1899, secretary of state John Hay proposed to Britain, Germany, and Russia an â€Å"open door† policy for China: Chinese ports be opened to the trade of all nations * During the 1900 election campaign, both the democratic presidential candidates William Jennings Bryan, and the Republican vice-president candidate Theodore Roosevelt, attacked â€Å"trust† monopoly * December 2nd, 1901: President Roosevelt asserted in his first annual message to congress, â€Å"the go vernment should have the right to inspect and examine the workings of the great corporations engaged in interstate business. * June 17th,1902: congress passed the Newlands reclamation act, authorizing the president to set aside more land for national parks * In august, 1902, president Roosevelt travelled through New England and the Midwest speaking out against abuses of â€Å"trust†, meaning, in the use if the time, monopolies. * President Roosevelt conspired with the former chief engineer of the French construction of a canal across the Isthmus of Panama, Philippe Bunau-Varilla, in organizing a â€Å"revolution† against Columbia * On November 3rd,1903, a revolt against Columbia broke out in panama city with arm distributed by the city fire department * Marines from three US hips prevented Colombian troops from reaching Panama city * November 6th,1903 : secretary of the state john hay recognized the newly established country of Panama * March 14th,1904: the supreme cou rt decided against the northern securities company in the Sherman antitrust case that the Roosevelt administration had brought against the company in 1902 and ordered the dissolution of the company * November 8th, 1904: president Roosevelt won the presidential election, to whom, some historians have asserted, a large percentage of growing urban white-collar vote went. You read "History 1302 Note" in category "Papers" * December 6th, 1904: in his annual message to congress, Roosevelt introduced the Roosevelt the Roosevelt corollary to the Monroe doctrine: the US may act as an â€Å"international police power† in the western hemisphere when â€Å"chronic wrong doing† arises. June 4th, 1906: president Roosevelt released the Reynolds and nulls report, which confirmed unhealthy conditions in meatpacking * June 30th,1906: congress passed the pure food and drug act, which was aimed at mislabeling and adulteration of food, and, on, the same day, congress also passed the meat i nspection act * During 1907 president Roosevelt set aside five national parks, sixteen national monuments, and fifty one wildlife sanctuaries * June 8th, 1908: after the national conservation congress, president Roosevelt appointed a national conservation commission to inventory the country’s natural resources * August, 1910: during a 16 state tour former president Theodore Roosevelt proposed regulation of corporate involvement in politics, a graduated income tax, inheritance taxes, federal labor regulations, conservation, and a tariff commission—all of which were called â€Å"new nationalism† or â€Å"square deal† * June 22nd, 1912: when the republican national convention was adjourning in Chicago, republicans who wanted to run Theodore Roosevelt again for president, instead of Taft, met at another location in Chicago and formed the progressive party, which was also called the â€Å"Bull Moose Party† * December 23rd, 1913: president Wilson signed the Glass-Owens Federal reserve Act, which would go into effect in November, 1914, setting up the federal reserve system of twelve regional bankers’ banks connected to national banks and optionally to state banks * A presidentially appointed board of governors set interest [â€Å"discount†] rates on loans to member banks * April 6th, 1917 congress declared war on Germany * January 1st, 1920 the Red Scared began with US attorney general A. Mitchell palmer’s deportation of 500 resident Russians and arrest of more than 6000 other people, most of whom were released afterward * On June 8-12, 1920, the republican national convention met in Chicago and nominated a tobacco chewing, poker playing, whiskey drinking senator of Ohio, Warren G. Harding, for president and governor Calvin Coolidge of Massachusetts for Vice-president * Harding was remembered particularly for the following line made in a speech a month before the republican convention: â€Å"America’s need is not heroics, but healing, not nostrums, but normalcy† * November 2nd,1920: republican senator warren G. Harding of Ohio won the presidential election with 16152000 popular votes and 404 electoral votes over 9147353 popular votes and 127 electoral votes for democrat James M. Cox * March 4th,1921 Warren G. Harding, republican, took office as president * March 4th, 1923: secretary of interior Albert B. Fall resigned during a senate investigation into the lease of naval oil reserves at Teapot Dome, Wyoming, and Elk Hills, California, without competitive bidding * In addition to the Teapot Dome Scandal, the administration had been shaken by two suicides in March, 1923, and a Senate investigation and resignation of the director of veterans bureau, Charles R. Forbes, for mismanagement * August 2nd, 1923: president Harding died from an embolism in San Francisco during a trip to the West Coast and Alaska * October 24th, â€Å"black Thursday†, and again on October 9th, â€Å"black Tuesday†, 1929, the stock market crashed, beginning the Great Depression * June 27th – July 2nd, 1932: The democratic national convention also met in Chicago and nominate the Governor of New york, Franklin D. Roosevelt, for president * Roosevelt campaigned for a â€Å"New Deal† and accused republicans of catering to special interest and big spending * On March 31th, 1933: Congress created the civilian conservation corps to employ young men in national forest reclamation project * April 19th, 1933: president Roosevelt, supported by act of congress, took the U. S off the gold standard purposely to devaluate the dollar and force the circulation of more money * June 16th, 1933: On the last of day of the Hundred Days, Congress passed the national recovery Act which created the national recovery administration, NRA, to draw up industrial codes, which included minimum wages, maximum hours, and collective bargaining, and created the public works administration, PWA, nder the secretary of the interior to fund public construction project * November 8th, 1933: the civil works administration was created by executive order to employ millions directly, bypassing the need of the state governments to match federal grants offered under federal emergency recovery administration * April 8, 1935 congress passed the emergency relief appropriation act, which authorized the president to disburse 5 billion by executive order for â€Å"work relief and to increase employment by providing useful project * May 6th, 1935: In pursuance of the act, the Works Progress administration, WPA, was set up * From 1933 to 1939 the US national debt had increased to $10,439,000,000 * On December 7th, 1941, Japanese armed forces made a surprise attack on the US pacific base at Pearl Harbor, Hawaii, as part of its strategy to take the Dutch East Indies, where there was oil Test 3 December 11th, 1941: Germany under Hitler and Italy under Mussolini, allies of Japan, declared war on the US * November 7th, 1942: In operation Torch, US forces under general Dwight D. Eisenhower began landing in Morocco and Algeria * The US forces under General Dwight D. Eisenhower pushed the German and Italian armies toward Tunisia, while the British pushed them from Egypt. * June 6th,1944: D-Day a twelve nation allied expeditionary force (AEF) of 175000 soldiers, 5000 ships, and 6000 airplanes, invaded Normandy, France, from Britain * The invasion was called operation overlord * US General Dwight D. Eisenhower was top commander of the operation * September 12th,1944: US forces began entering Germany August 6th,1945: An US B-29, the â€Å"Enola Gay,† piloted by Colonel Paul Tibbett drop an atomic bomb, â€Å"little boy†, on a site of Japan’s defend industry, Hiroshima * August 9th, 1945: A US B-29, the â€Å"Bockscar,†, piloted by major Charles Sweeny dropped another atomic bomb on a second Japanese defend industry site, Nagasaki * March 5th, 1946: Former British Prime Minister Winston Churchill announced that â€Å"†¦ an iron curtain has descended across Europe† in a speech at Westminster College in Fulton, Missouri * June 23th, 1947: Congress, in which Republi cans outnumbered democrats, passed the Taft-Hartley Act over Truman’s veto * The Taft-Hartley Act authorized courts to issue injunctions imposing a from-sixty-to-eighty-day cooling off period on any strike jeopardizing public health or safety * The Taft Hartley act also made it illegal to use union dues to aid political parties * The Taft Hartley Act made the closed shop, hiring union members only, illegal, but it did not illegalize the union shop, requiring union membership after hire * US secretary of State George C. Marshall indicated that the US would contribute to an European recovery plan that funneled US aid through an organization representing the participating countries, which became known as the â€Å"Marshall Plan† * December 19th, 1947, President Truman presented to Congress the European recovery plan that had been negotiated at Paris, the Marshall Plan, amending, though, the $28 billion originally negotiated to $17 billion * April 3rd, 1948, Congress passed the Foreign Assistance act, which appropriated $4 billion for the â€Å"Marshall plan† * June 28, 1948 The Foreign Aid appropriations Act directed $6 billion to the Marshall Plan and other foreign aid * July 12-15, 1948 The democratic national convention met in Philadelphia and nominated Truman for president * The democratic national convention adopted a civil right plank * July 17, 1948 Southern Democrats, â€Å"Dixiecrats† met in Birmingham, Alabama, formed the States Rights party, nominated Governor Strom Thu rmond of South Carolina for President, and adopted a segregationist plank * July 6, 1948 President Truman ended racial segregation in the US military by executive order and called for an end to racial discrimination in federal jobs * April 4th,1949 Representatives of the US, Canada, Britain, Belgium, Netherlands, Luxemburg, France, Italy, Denmark, Norway, and Iceland signed the north Atlantic security treaty in Washington DC, setting up an anti-communist, west European-North American, defensive alliance, the North Atlantic Treaty Organization, NATO * February 7th, 1950 Republican Senator Joe McCarthy of Wisconsin said that there were Communists in the State Department when he gave a speech to a women’s club in Wheeling, West Virginia * 13 days later Senator McCarthy said that he had a list of Communist suspects * July 8th,1950 US general Douglas MacArthur was named Supreme Commander of the UN forces in South Korea, which were made up of mostly US personnel * July 20th, 1950 T he Senate Foreign relations committee reported that Senator Joseph McCarthy’s allegations about Communist in the State Department ( made five months before) were unsubstantiated * July 7-11, 1952 The Republican National convention met in Chicago, and nominated General Dwight David Eisenhower for president and senator Richard M. Nixon of California for vice-president * The Republican national convention’s platform supported a balanced budget, reduction of the national debt, and the Taft-Hartley Act * January 20, 1953 Dwight D. Eisenhower, a republican, was inaugurated president of the United state * July 27, 1954 At Panmunjon, South Korea, near the North Korean border, U. N and North Korean officials signed an armistice and conditions for prisoner exchange * January 12, 1954 Secretary of State John Foster Dulles announced a policy of â€Å"massive retaliation,† which he described as â€Å"keeping a large strategic reserve in the US to counter any communist threat to take over the Free World† * April 7, 1954 President Eisenhower told the press that he favored continuing US aid to the French in Indochina to prevent Southeast Asia becoming a â€Å"falling row of dominoes† to Communism * April 22 to June 17, 1954 A senate subcommittee investigated senator Joseph McCarthy after he had charged that there were Communists in the army, resulting in Senate censure of McCarthy on December 2, 1954 * On December 1, 1955 Mrs. Rosa Parks was arrested for sitting in the front â€Å"white† section of a bus in Montgomery, Alabama * A boycott of the bus system led by a local Baptist minister named Martin Luther King Jr. ollowed * From 1956 to 1959 the US slid into a recession, with declines in sales, productivity, and employment * In response, the Federal Reserve System lowered its discount rate, and Congress funded construction, especially highway construction, which had been proposed by the Eisenhower Administration * September 4-20, 1957 Governor Orville Faubus of Arkansas used the National Guard to block the entry of African America students into Little Rock Central High School till a federal injunction forced the removal of the Guard * September 23, 1957, rioting broke out a Little Rock Central High School * September 25, 1957 President Eisenhower sent the US army in to protect the nine African American students attending Little Rock high School * September 2, 1958 In the aftermath of Sputnik, President Eisenhower signed the National Defense education act, setting aside $800 million over four years for the teaching of science and foreign languages in school and colleges and for loans to college students * At the co nvention Senator Kennedy pushed for medical care for all aged Americans, and, in his acceptance speech, he called for sacrifices on a road to a â€Å"New Frontier† * January 17, 1961 In a live Farewell Address on TV, president Eisenhower warned about the increasing power of a â€Å"military industrial complex† * January 20, 1961 John F. Kennedy, Democrat was inaugurated President of the US * March 1, 1961 By executive order President Kennedy created the Peace Corps, which funded Americans with particular academic knowledge or technical skills in developing countries where the knowledge or skills were needed * March 13, 1961 President Kennedy called for an Alliance for Progress in which US aid would raise health, education, and living standards in central and south America at the grassroots level * During April 17-20, 1961, about 1300 Cuban refugees landed at the Bay of Pigs, Cuba, to enter Cuba to set up a base of operations to overthrow Fidel Castro, but failed * The Cuban refugees had received military training under the auspices of the CIA since the Eisenhower Administration, they had been transported to the Bay of Pigs on US ships, and they had received US air cover * May 25, 1961 In a speech before Congress six weeks after the Soviets had placed a man in orbit, President Kennedy proposed sending a man to the mo on by the end of the century * July 17, 1962 A proposal for Medicare, which president Kennedy supported, was defeated in the senate * October 22-28, 1962 Seven day long â€Å"Cuban Missile Crisis† occurred. President Kennedy demanded the removal of Soviet missiles from Cuba and ordered the navy to interdict any shipment of Soviet missiles to Cuba * As soviet ship approached Cuba, Soviet leader Nikita Khrushchev backed off at the last moment in exchange for assurances that the US would not attack Cuba and would remove its missiles from Turkey if the Soviets removed their missiles from Cuba * November 22,1963 President Kennedy was assassinated in Dallas, Texas * January 8, 1964 President Johnson proposed reducing federal spending and proposed a â€Å"war on poverty: in the State of the Union Address * President Johnson increased the number of US military advisor in South Vietnam from 16000 to 21000 * July 2, 1964 a civil rights act outlawed racial discrimination in (1) facilit ies open to the public, (2) unions, and (3) federal employment, and it authorized the US attorney general to sue on the behalf of victims of discrimination * January 4,1965 In the state of the Union address, president Johnson recommended government spending in the areas of education, health care, the arts, urban renewal, reduction of pollution, and elimination of poverty for what he called the â€Å"Great Society† * February 7, 1965 president ordered bombing inside north Vietnam after a Viet Cong attack on a base at Pleiku, which was about 200 miles south of North Vietnam * The bombing would continue for three years, till March 31, 1968 * March 15, 1965 President Johnson sent a proposal for a voting rights bill to congress Test 4 July 28, 1965 President Johnson announced that he was sending 50000 more military personnel to South Vietnam, bringing the total to 125000 * July 30, 1965 President Johnson signed the Medicare Act in Independence, Missouri, in the presence of former President Harry Truman, who had pushed for national health care * August 6, 1965 President Johnson sign voting rights act, which authorized the suspension of literacy tests and the placement of federal registrars at locations where less than 50% of eligible voters had registered * November 3, 1966 President Johnson signed the Clean water restoration act, which was directed toward lakes and rivers * President Johnson signed the Air Quality Act, which appropriated $428,300,000 over three year to decrease air pollution * March 31, 1968 President Johnson stopped an any bombing above the 21st parallel in North Vietnam, which included Hanoi, and announced that he would not run for re-election * April 11, 1968 president Johnson signed a civil rights act supporting open housing * October 31,1968 president Johnson announced that all bombing of North Vietnam would stop the next day, November 1, 1968 * June 8,1969 president Nixon began the withdrawal of 250000 US military personnel from South Vietnam, explaining it as a turn-over of the war to the South Vietnamese, which the press called â€Å"Vietnamization† * September 16,1969 President Nixon further implemented â€Å"Vietnamization† by the withdrawal of 35000 more US military personnel from South Vietnam * April – November the US and Soviet Union negotiated a Nuclear non-proliferation Treaty in the Strategic Arms Limitation talks, SALT * April 20, 1970 president Nixon continued â€Å"Vietnamization† by withdrawal of 150000 more US military personnel from South Vietnam * April 30 – June 9, 1970 US ground forces crossed into Cambodia from south VN to destroy enemy supply bases – after having conducted 3500 secret bombing attacks inside Cambodia since 1969 * November 12, 1971 President Nixon continued â€Å"Vietnamization† by withdrawing 45000 more US military personnel from south Vietnam * November, 1971 – January, 1973 President Nixon imposed guidelines for wages and for prices, which he had been authorized to do by an act, the Economic Stabilization Act, recently passed by Congress * January 13, 1972 President Nixon continued â€Å"Vietnamization† policy by withdrawing 70000 more US military personnel from south VN * In February, 1972, President Nixon visited Communist China * The trip resulted in a joint communique announcing that steps would be make do normalize relations between the US and Communist China, which would be six years away , and announcing US recognition of Taiwan as part of China * May 26, 1972 President Nixon and Soviet premier Leonid Brezhnev agreed in Moscow to work for â€Å"peaceful coexistence† and signed, the Strategic Arms Limitation Treaty, SALT, which was ratified by the US senate in August * June 17, 1972 five men employed by the Committee to re-elect the President broke into the offices of the Democratic national committee at the Watergate hotel in Washington, DC. August 12, 1972 President Nixon br ought his â€Å"Vietnamization† policy to a conclusion by withdrawing US ground combat forces remaining in South VN * In October, 1972, the house of Judiciary committee began nearly 2 years of impeachment proceedings against president Nixon * The impeachment proceedings were the result of senate and special prosecutor investigations into the Watergate break-in in June, 1972, which contradicted a denial by president Nixon that he had anything to do with an attempted cover – up of the break-in * January 27,1973 US, South VN, Viet Cong, and North Vietnamese representatives signed a cease-fire agreement in Paris, France * June 13, 1973 President Nixon re-imposed guidelines on retail prices because of inflation * August 9, 1974 Facing the possibility of impeachment as a result of the Congressional investigations into Watergate, President Nixon resigned * July 15,1976 The democratic national convention met in New york city and nominated a Washington outsider, former engineer , naval, officer, farmer, and governor of Georgia, James E. Carter, for president * February 24, 1977 President Carter announced curtailment of foreign aid to governments violating human rights * August 4,1977 the department of energy was created On September 7, 1977, president Carter signed a treaty to turn the panama canal zone over to panama in October, 1979, and to turn the canal itself to panama in 1999, and the US senate would ratify treaty in march 1978 * September, 1978 Israeli Prime Minister Menachem Begin, President Carter, and Egyptian president Anwar Sadat met at Camp David, Maryland, to negotiate a way to end the state of war that had continued between Egypt and Israel since Israel’s beginning in 1948 * On February – April, 1979, President Carter placed priced controls on oil in the US following a US embargo on Iranian oil and a 50% OPEC price hike * The embargo on oil from Iran had been imposed after Shah Pahlavi was overthrown in January by Shia Muslims under the leadership of an imam named Rubollah Khomeini * September 27, 1979 Congress approved President Carter’s request for the creation of a separate department of education * November 4,1979 students took 66 US citizens in the US embassy in Tehran, Iran, hostage, in protest of the US’s allowing Shah Pahlavi to come to the US for medical treatment * April 25, 1980, US military landed overnight near Tehran, Iran to rescue the US hostages but mishaps with the aircraft scuttled the operation * July 16, 1980 The Republican National convention met in Detroit, Michigan, and nominated former announcer and actor Ronald Reagan for president * Ronald Reagan ran on a platform calling for cuts in government spending, for strengthening national defense, and for holding the line on taxes * November 4, 1980 Ronald Reagan defeated Carter’s bid for re-election with an electoral vote of 489 to 49 and a popular vote of 43,899,248 to 36,481,435 * President Reagan’s policy of reducing taxes for business and people with high incomes in anticipation that economic growth would more than make up the difference was called â€Å"supply-side economics,† â€Å"trickle-down economics,† and â€Å"Reaganomics† * July 16-19, 1984 The democratic national convention met in san Francisco, California, and nominated former Vice-president Walter Mondale for president and New York congresswoman Geraldine Ferraro for Vice-President, the first woman to be nominated for the vice-presidency * Between November 3-6, 1986 the New York times and Washington post ran reports that representatives of Ronald Reagan, before he took office, had covertly agreed to the shipment of pare parts and ammunition from the US to Iran in exchange for the release of the hostages on January 20,1981, the day Reagan would take office * November 25, 1986, reports circulated that money received from the sale of arms to Iran had been funneled to the contras in Nicaragua during the period congress had only approved humanitarian aid * July 7-24, 1987 Congressional hearings were held on the reported exchange of arms for the hostages in Iran and diversion of profits to the Contras in Nicaragua, what became known as the Iran-Contra Affair * Secretary of State George Shultz and other administration officials were reluctant to identify the higher-up who had oversight of the exchange and diversion * On June 3,1989, from 300 to 400 pro-democracy demonstrators were at Tiananmen Square in Beijing as the Communist leaders of the people’s republic of China began a Military crackdown in which thousands may have perished * In June 26 1990, in what appeared to many contradict a statement at the 1988 Republican national convention, â€Å"read my lips. No new taxes,† President Bush stated that â€Å"tax revenue increases† would be needed to reduce the deficit. * On August 2,1990 President Bush denounced an invasion and annexation of Kuwait by Iraq as â€Å"naked aggression† and warned the military dictator of Iraq, Saddam Hussein, that the aggression â€Å"will not stand† * September 11, 1990 President Bush stated to joint session of Congress that administration’s policy to oppose control of southwest Asian oil resources by Saddam Hussein, whom he viewed as a brutal, unpredictable dictator. * On January 12, 1991. Congress authorized President Bush to use ground to liberate Kuwait * On January 17,1991, after the expiration of an U. N deadline for Iraqi forces to evacuate Kuwait, US and a coalition of air forces began six weeks of attacks, called Operation desert Storm, targeting communications, nuclear and chemical weapons facilities, artillery, tanks, and troop positions in Iraq * August 15, 1991 four year after the beginning of the congressional hearings into the Iran-contra Affair, President Bush signed a bill requiring Presidents to report all covert action to congress and to authorized all covert actions in advance with a written presidential finding * February 21,1992 a little over two year after Tiananmen Square, the Bush administration lifted US trade sanctions against the People’s Republic of China * May 19, 1992 the 27th amendment was ratified, preventing a Congress form making salary increases for its members before the next Congressional election. July 16, 1992 the democratic national convention met in New York City nominated Governor Bill Clinton of Arkansas for president * Governor Bill Cli nton of Arkansas campaigned as a â€Å"new democrat† and criticized supply-side economics, saying it had produced the highest federal deficit ever. * Governor Clinton placed emphasis on the global economy and promotion of democracy abroad, and he supported air strikes in Bosnia and human rights in China * November 3, 1992 Democratic presidential candidate Bill Clinton won the election, receiving 44909889 popular votes, which gave him an electoral vote of 370, to president Bush’s 36481435 popular votes and 168 electoral votes and Ross Perot’s 5719437 popular votes. How to cite History 1302 Note, Papers

Monday, April 27, 2020

ITUnes free essay sample

Music Store has permitted the consumer to purchase music and delta books over the Internet with success. By 2005 their shares Increase significantly as a result of their tremendous success. Their product became a platform for the digital music business to explode into the industry it is today. This also made digital music affordable to the consumer who may have gone to illegal downloads in the past which in turn ensured that the music industry was getting paid for their product as well. The $0. 99 cents per song download provided $0. Cents to be paid to the record companies and the remainder ($0. 29 cents) was Apple profit. By August 2005, some of the larger record companies felt that their product was underpinned and requested that flexible prizes were instituted. However, this was not a shared opinion by all, the fear was that the market might not be stable enough to survive a price increase when illegal downloading was widespread. We will write a custom essay sample on ITUnes or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A price increase would encourage this type of activity to continue and no one would be making money. Due to Its power, Apple kept the same prices, however by January 008, Amazon. Mom entered the market place with a similar product without all of the restrictions that were placed on music in the tunes Store. Questions 1) Provide an argument for why a variable pricing policy might increase the sales revenue from Apples Music Store (compared to the flat pricing policy). Life is complicated, but Apple Computer s Tunes store Is pretty simple: Download a song and pay $0. 99 cents. In 2009, Apple announced that for the first time would allow beginning implementing variable pricing on the tunes Music Store. Instead of a absolute $0. Cent price point, record labels would now have the option to charge $1. 29 for more popular songs and $0. 69 for less popular tracks. It was not too long before almost every top song on Tunes Jumped from $0. 99 to $1. 29. While most tracks that saw an increase In price suffered a small drop In sales, the $0. 30 price difference more than made up for that fact, worked to Increase overall revenues. Apples position during the time to increase the price of popular songs was global. Many of Apples products such as the pod and laptops were sold all over the world.The tunes Music Store was highly successful, and has already accomplished large user numbers. The change in price did not suggest a complete renovation in the way people downloaded and listened to their music. Also, Digital downloading of music Is Just one of the many markets that Apple has recruited Into. Under a new pricing plan such a market power, the new pricing strategy was another successful for the company. 2) Discuss other potential pricing policies that might increase the revenue from Music Store sales.With the increase in the demand for online-based music, Apple is keel to increase its prices to gain more from its products. The company cannot however enforce high prices on the consumers because the sale of online music is still in a changing stage. Apple could consider other pricing schemes like a bundle pricing where they combine popular and unpopular music or getting the latest popular music across genres. This could expand customer base to different genres and increase the sales of unpopular songs.The bundling strategy will help in Increasing profits by extracting additional consumer surplus. They also could offer an entire group of songs, as a group, for a single price. The company could resort to sale of large music files such as Amps, JEEP and MPH and other music formats for various consumer needs (Brinkley, Smith, Zimmerman, 2009). 3) What are the risks and potential costs of implementing more sophisticated pricing schemes for the downloaded music? Sophisticated pricing tools are potentially available to provide contrast to the uniform pricing model that used to implement tunes.This sophisticated alternative tools may include song-specific pricing, pure bundling, axed bundling, two-part tariffs among others that could be use to raise revenue. If firms have market power they can raise their prices without losing all customers to competitors. Firms have as ultimate objective to choose the pricing policy that boosts the value of the firm. Managers are trying all the time to devise a pricing policy that captures as much gain as possible catching costumer surplus as company profit.For managers and companies in general, only incremental prices matter in pricing decisions. As this case show, tunes has certain power on their loyal costumers and infringing the risk of some decreases on sales, tunes took the risk when they increase their songs prices and at the end, the most loyal costumers remained whit the company. The potential costs were evident when tunes suffered at the first moments a fall in sales. Was very worrying that people were still able to download free music from other sites.Nevertheless, tunes survived, and the company was still betting on pods sales at the same time. 4) Is Apples pricing objective to maximize the revenue it receives from the sales of the downloaded music? Is this the objective of the major record companies? Explain. (Hint: review the revenue/product data from Apples 10-K) Apple as all companies is interested in maximize its revenues, but it not its objective reach it trough the downloaded music pricing strategies which is the objective of the record companies.Apple is a successful company that has a lot of attractive pr oducts that convert all the costumers in loyal fans of Apple. The Company is confronted by aggressive competition in all areas of its business; the markets for the Companys products and services are highly competitive. The Companys competitors who sell mobile devices and personal amputees based on other operating systems have aggressively cut prices and lowered their product margins to gain or maintain market share.However, Apple is focused on expanding its market opportunities related to personal computers and innovation and integration of the entire solution including the hardware (phone and Pod), software (tunes), online services (cloud), and distribution of digital content and applications (tunes Store). The Companys ability to compete successfully depends heavily upon its ability to ensure a continual and timely flow of competitive routs, services and technologies to the marketplace.The Company continues to develop new technologies to enhance existing products and to expand the range of TTS product offerings through research and developme nt. On the other hand record companies are Just interested in gaining the greatest among of money from each company that distribute the music on which they have rights, they matter is to collect the most possible from every song downloaded. 5)Do you think that Apples ability to control the pricing of downloaded music is likely to change in the future? Explain. My arsenal opinion is that Apple has a huge recognition all around the world.Apple has been able to achieve its position with prodigious skills in the market. Nowadays, as we all know, Apple has the most loyal costumers in the world. Every single time that Apple launches a new product the most loyal costumers excited sleep for nights on the doors of the stores to be the first ones buying the new products that always offer the most cutting-edge advances in technology. I would say that Apples ability to control its prices related to downloaded music would not change too much in the ext future. In deed, Apple has increasingly assumed the control of technological development in the industry.The Company is committed to bringing the best user experience to its customers through its innovative hardware, software and services. Apple is pioneered providing its customers new products and solutions with superior ease-of-use, seamless integration, and innovative design, every time getting closer to the wishes of consumers. As part of its strategy, the Company continues to expand its platform for the discovery and delivery of third-party digital content and applications wrought the tunes Store allowing customers to discover and download applications and books through either a Mac or Windows-based computer.The Companys strategy also includes expanding its distribution network to effectively reach more customers and provide them with a high-quality sales and post-sales support experience. As a customer of Apple is very difficult to see that for the near future the company may lose its ability to control the prices of their products. When people become a fan of Apple never more would pay a similar price for another technology more than Apple offers. That is the reality today.