Friday, August 21, 2020

Franklin D. Roosevelts New Deal

FDR (Franklin D. Roosevelt) occupied with a program that was alluded to as the New Deal. As indicated by the program, the government would take more jobs in order to improve the citizen’s monetary government assistance. The financial framework was extraordinarily poor when Roosevelt turned into the president in 1933.Advertising We will compose a custom exposition test on Franklin D. Roosevelt’s New Deal explicitly for you for just $16.05 $11/page Learn More A larger part of the state governments had taken a financial occasion, which planned for keeping contributors from decimating the financial establishments. The banks would be demolished if investors pulled back the entirety of their money. Roosevelt gave all financial establishments four days for occasion. Subsequently, Roosevelt constrained the Congress and acquired an enactment for reviving the banks. The central government ensured that all banks were sound for reviving. A while later, there were a few financial ch anges. The Federal Deposit Insurance Corporation permitted stores to be safeguarded. As indicated by the New Deal, a bigger percent of the government assets would be utilized to pay every penniless resident. Awards, instead of credits, would be given to the destitute residents. Various tale organizations were started to guarantee that the jobless profited by government-supported employments. The WPA (Works Progress Administration) started extraordinary undertakings, which extended employment opportunities to the untalented and gifted residents. Individuals prepared as performers, entertainers, craftsmen, and journalists profited by such work. The PWA (Public Works Administration) started activities, for example, development of dams, sports focuses, and thruways. The youngsters profited by protection ventures since they were utilized by the CCC (Civilian Conservation Corps). As I would see it, photos and works of art are not just an account of the past. Despite what might be expected , they are formed and created depictions, which detail the past. Dorothea Lange’s photographs were developed to give various stories. The photos pushed for compassion toward every destitute individuals. Dorothea was a famous narrative picture taker in America. Especially, she was incredibly well known for the Great Depression annals and the photos including transient homestead representatives. She made photos for the FSA (Farm Security Administration), which were evaluating the homestead worker’s day to day environments in California. A greater part of the workers had relocated toward the west as a getaway technique from the Dust Bowl.Advertising Looking for paper on history? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Dorothea took photos, which portrayed the downturn in human lives. In 1934, Dorothea had the principal appear. It showed different issues, which were confronting the administration. These included breadline beneficiaries, work pioneers, strike rallies, and political shows. In the wake of introducing her photos during the show, Dorothea found a new line of work with the New Deal Administration. The photos were used as images of the White Angel Breadline transient, which happened in 1933 in San Francisco. Dorothea conveyed the dire requirement for government activity to support the desperate Americans. 1939 was proclaimed the time of a novel beginning. The Florence Owens Thompson succession of photos had an image of a vagrant mother. In addition, the arrangement indicated an oppressed Californian pea picker. In another photo, there was a transitory cotton picker from Mexico who was matured ten years. In the image, the kid was chipping away at the family vehicle and couldn't go to class. As indicated by him, the dad never permitted him to go to class since he should pick cotton. The kid picked roughly twenty five pounds of cotton each day. As I would like to think, this was youngster wor k. Basically, Dorothea’s photographs and Roosevelt New Deal had a shared objective; battling for the privileges of the oppressed Americans. This exposition on Franklin D. Roosevelt’s New Deal was composed and presented by client Sidney Frederick to help you with your own examinations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; be that as it may, you should refer to it as needs be. You can give your paper here.

Monday, July 13, 2020

Research Paper on Larry Page

Research Paper on Larry Page Research Paper on Larry Page Home›Research Posts›Research Paper on Larry Page Research PostsThis is a research on LARRY PAGE who is the Chief Executive Officer for Google Company.Background information in generalLarry Page grew up in Michigan, East Lansing where he was born. As he grew up, he followed his father’s footsteps. His father was a computer guru and he had a Ph. D in computer Science. His mother was a computer professional too. During Page’s youth life, he never believed in religion. Page seemingly grew up in a computerized environment and he got amazed by computer machines at the age of six. In history, he was the first student to submit a class task prepared by Ms. Office. His brother was also influential in his life as it pertains to computers and related machines. As he grew up, he always thought of invention and innovation. He began his exploration of the internet while in the University of Stanford. This included the mathematical concepts of the World Wide We b and its structures in general. Larry page came up with the Google and availed it in the year 1996 in the University of Stanford (Boone Kurtz, 2009).Level of education attained Larry Page has a Bachelor of Science in Computer Engineering. This, he attained from the University of Michigan. He also has a Masters and honors from the same University. He attended the Radmoor Montessory School from the year 1975 to the year 1979 and graduated in 1991. He also attended the University of Stanford in pursuit for a Ph. D in Computer Science.Business background and lines of businessGoogle was made available to the market in 1998. It was run by Page and his co-ally Brin. Eric Schmidt was appointed to be in the position of CEO. Larry Page got his executive post in 2011, April 4th and Schmidt took up the post for chairman. Google was strictly venturing in technology as a business to earn revenue by engaging its factors of production. The main line of Google’s business is advertising. This is done through the mobile, displays and simple content. This has enabled many investors to advance globally as a result of the information support offered by Google. The core business is the provision of information to users by the use of Google tools.In 2000, Google introduced the first advertising program, called the search advertising program. Accounts were made online for marketers. Marketing sites were also introduced by the click of a button; all relevant information about a product in the market would be revealed. Managing of the accounts was made easy and the proved not only efficient but also effective.The Display advertising then came up, which was of a more improved design. The coming up of this technique was due to the influence of there being a bright future to the publishers online. Users and publishers can access the displays through the technology in a variety of formats. This has made business easier since results can be measured as the displays are easily accessible hence everybody who is online can benefit from it.Mobile advertising came up with the invention of the mobile phone which overtook the user friendliness of the personal computers. Users are able to access the advertisements around the world by a simple the click of the button regardless of time. Different mobile phones have their own distinct formats and features but the benefit is universal. The content on the mobile which includes the applications earns the developers revenue.As a publishers’ tool, online visitors are able access published information which is valuable as it is a source of funding. Many publishers are supported through the World Wide Web services. Pages are accessed by the visiting users on target results after searching. Bureau and marketers acquire advertisements at a fee for large publishing ventures.The free easy to use tools facilitate local ventures to manage their space on the website. In doing so, they are able to be recognized and in turn help them to g row. Through the Google map helps to find the existing services and products of a particular business that exist on the Google places. The occupants can also edit information relating to them by adding, deleting or altering the available information. By doing so, businesses are able to identify a target market. This is facilitated through photos, institutional posts and videos.Enterprise business has been achieved since the invention of the Google search appliance technique. This was made possible in 2002. This technique has been beneficial to more than 4 million ventures. It is user friendly to commercial institutions. Users can access information at any time regardless of where they are. It also facilitates sharing of data and documents through the use of e-mail.Google as a technology is improved constantly through the Information Technology section. This is done through making new set ups hence costs of institutions are reduced. Security of Google products is enhanced and satisfa ctory. The security patches of companies are thereby put into consideration.Industry associated with his businessThe company ventures in the internet information Industry.Larry Page’s entrepreneurial experienceIn order to counter the dynamic world, Larry Page was forced to engage his entrepreneurial skill and knowledge and came up with new technological ideas that would help him not only to survive but also conquer the market. His analytical skills enabled him to achieve this objective. In collaboration with other software developers, Page managed to build new software that met the prevailing market demand in the industry such as Twitter Google, G-mail Google, Amazon Google and Face Book Google. This made him an engineer and/ or technologist entrepreneur.Stiff competition from other growing web companies such as Microsoft and Apple, influenced him into engaging into and upholding sales and marketing so as to retain the already existing customer base and also attract new customers. Marketing was and is still being done through advertisement which is major.The steady but rapid growth of the company made him influence the other shareholders into making the company’s ownership change from private management into public management hence making the company a public limited company. Shares were sold to the Public hence showing his investment skills (Boone Kurtz, 2009).The staff at the time was also increasing rapidly to meet customer demand. In turn, training had to be done so that the employees would be competent. He upheld communication and under his reign, it was to be had to be vital in managing the broad employee base. In addition, the growing amount of assets still had to managed and managed by him with the help of the board of directors.Setbacks that Larry Page might have encountered and how he overcame themThe major setback that Larry Page experienced was competition which was immensely stiff from his Company’s rivals. Many users opted to make searches on other interactive sites such as Yahoo mail. Customer loyalty no longer existed at the time. However, Larry’s entrepreneurial skill enabled him to realize a new business opportunity. He decided to ally with his competitors and even able to come up with the site, Google G-mail. Hence the World Wide Web became feasible both to the users and the system developers. By doing so, Larry Page had embraces change, planned for his work and in turn worked for his plan.Motivation that might have led Larry Page to venture into entrepreneurshipGenerally considering Larry Page’s achievements, his desire as an entrepreneur was principally inspired by the inner drive to come up with a new product. The craving for wealth accumulation, independence in finance and the longing for his self sufficiency also seems to be a contributing factor. Him being an entrepreneur, he helped the company rise from scratch in collaboration with his campus friend Mr. Brin. Furthermore, Larry Page may have had an i nternal locus of control which was his excitement for his and the Company’s recognition as an entrepreneur.Strengths and qualities that I admire about Larry PageBeing a risk taker and achieving his entrepreneurial goals, Larry Page is a great admiration. He is intelligent and industrious hence his achievements show that he has gained from the utilization of his foundational skills. It is vivid that Google’s success in business is high on various measures. Google is evidently profitable with a satisfactory percentage on growth in its revenues during its financial year hence achieving self sufficiency. The customer base has also risen over the years of functioning. Valuation is done on revenues, customers and its profits in its financial periods ended. Business growth and its reputation alongside monetary rewards are also put into consideration. In addition, factors such as personal satisfaction are also an admiration. Experience, focus, technical knowledge, good employee manageme nt, good communication skills are also a success and a contribution to my admirationThe position that Larry Page holds in the Business Life CycleGoogle is at its maturity stage which is the 4th stage o the Business life cycle. Google is currently able to survive on its own due to its stability in the event of an unanticipated event. The company has the ability to pull through since it has substantial cushioning from its support and equity in case there is instability in the market. With this, the company can reorganize its plan of management by either getting rid of a product line and substitute it with another or getting another plan.  Although, if the market declines, the company may sail through but there may arise a back-slide in the profit. With that the venture, the venture cannot go down in history as a business failure.Where do I see Larry Page in the next five years?In my view, the Google as a company and Larry Page have already actualized in line with the strategic plan. In the next five years, the company will be a non-profit making organization.Is this a success story?This is a success story based on real evidence as the entire process comes out clearly with fully evidence that illustrates the success of the system.

Wednesday, May 20, 2020

The Old Man and the Sea Tragic Hero with a Tragic Flaw Essay

The Old Man and the Sea In the novel â€Å"The Old Man and the Sea† the main character, Santiago is a tragic hero with a tragic flaw. His hubris ultimately leads him to triumph for a few reasons. Santiago’s hubris helps him to develop into a passionate, optimistic and determined individual, this is what ultimately helps lead him to his triumph. Santiago was not only proud but he was also very passionate in fishing. This is evident in his statement, â€Å"I must be worthy of the great DiMaggio who does all things perfectly even with the bone spur in his heel.† (68). This quote is indirect however it displays Santiago’s passion. It is evident that Santiago’s passion for fishing derives from his long history of engaging in the activity as well†¦show more content†¦This quote shows that despite his weariness and weather conditions, like his hero DiMaggio and any hero in general, every individual must endure harsh experiences in order to succeed and to accomplish one’s goals. This also helps Santiago in the long run because his determination spurred optimism, this ultimately helps lead him to triumph. From the beginning of this novel, Santiago’s pride, passion, and determination is accompanied with optimism as well. Santiago’s optimism is evident in the quote â€Å"‘Eighty-five is a lucky number,’the old man said. ‘How would you like to see me bring one in that dressed out over a thousand pounds?’† (16). This clearly shows Santiago’s optimism about the journey he is about. This quote also reflects Santiago’s pride due to the fact that after forty days without any success in catching fish, the young boy’s, Manolin’s, parents say that the old man is salao, also known as the worst form of luck. This is extremely detrimental to the old man’s pride, therefore he wants to prove that he is not salao, so with optimism he is able to bandage his wounds to become even more passionate and determined than ever before. Although at the end of the novel Santiago does not return home with the full fish, his pride, passion, determination and optimism ultimately leads him to triumph because he uses these qualities to succeed in catching the Marlin. He is able to prove himself to those who doubt him and have no faith in him throughout the entireShow MoreRelated Epic of Beowulf Essay - Beowulf as Tragic Hero1432 Words   |  6 PagesBeowulf as Tragic Hero By definition, a tragic hero is a protagonist that due to some tragic flaw loses everything he has. Throughout history, literature has always been filled with main characters possessing some tragic flaw. In Macbeth, Macbeth’s tragic flaw is his enormous ambition to become king. In Hamlet, Hamlet’s tragic flaw is his need for revenge for the death of his father at the hands of his uncle. In the Epic of Gilgamesh, Gilgamesh’s tragic flaw is his need to be remembered. InRead MoreEssay Jay Gatsby: The Tragic Hero in The Great Gatsby1332 Words   |  6 PagesAristotle, a tragic hero character can be defined to be of noble status, but not necessarily virtuous. There is some aspect of his personality that he has in great abundance but it is this that becomes his tragic flaw and leads to his ultimate demise. However, his tragic ending should not simply sadden the reader, but teach him or her a life lesson. In The Great Gatsby, by F. Scott Fitzgerald, Jay Gatsby is the t ragic hero who portrays the corruption of the American dream through his tragic flaw. His devastatingRead MoreHamlet vs. Oedipus Essay898 Words   |  4 Pagesconcepts of tragic flaw or hamartia, which serves as the catalyst for the protagonists downfall or the tragedy of the story to happen. He determines a tragedy as a drama that brings about a sorrowful conclusion, arousing fear and pity in the audience (Roberts and Jacobs, 1998:1189). 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Wednesday, May 6, 2020

Protection vs. Privacy Essay - 5439 Words

Protection vs. Privacy In September of 2001, the worst terrorist tragedy that has ever occurred on American soil, and quite possibly in the world, rocked the foundations of the United States of America. The unimpeded destruction of the twin towers of the World Trade Center led many to wonder how an event of such magnitude could not have been foreseen and prevented. Later, many sources led us to believe that it was not that the information was not there, but rather, it was the inability of intelligence communities and law enforcement agencies to communicate the data among themselves that resulted in the greatest security breach in American history. To combat this inability to coordinate use of data and information, the Defense Advanced†¦show more content†¦The research into data search and pattern recognition technologies is based on the idea that terrorist planning activities or a likely terrorist attack could be uncovered by searching for indications of terrorist activities in vast quantities of transaction data (DARPA 1). In simple terms, TIA uses the information that already exists in a variety of databases across the globe, such as bank and credit records, library memberships, medical records, airline travel records, and databases belonging to local and foreign intelligence agencies, law enforcement agencies and many more, in an attempt to weed out terrorists through a Virtual Dragnet (ACLU 2). The three key elements, language translation technologies, data search and recognition technologies, and advanced collaborative and decision support tools, are the cornerstones of the TIA program and are what raise both hopes for the program’s ability to succeed and fears of the program’s ability to invade the privacy of every American citizen. It is crucial to understand the current limitations and future expectations of each of these elements in order to comprehend the amount of power this program will hold. The first of the three key elements is the language and translation technologies(DARPA 1) portion of the TIA program. It is designed to improve the speed and accuracy of translation of foreign communications into the English language.Show MoreRelatedProtection Vs. 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Anglican Church and the Monarchy Free Essays

string(196) " arguments throughout the formation of the Church of England was whether or not the monarchy had the right to decide how the church should be run, or if the church is meant to be run by the Pope\." Religion was an ongoing cause of issues in history, and the Church of England was no exception. Issues with the monarchy ruling the church in Britain was the reason for many debates, wars, civil issues and rights to the throne. Initially the Church was under Papal rule, making the Pope have control over something the Throne did not. We will write a custom essay sample on Anglican Church and the Monarchy or any similar topic only for you Order Now Hunger for power in the sixteenth century was not limited to land control and civil control; it spread right up to the Church of England causing many problems for the monarchy and Papal authority. The argument during this time was whether or not the monarch had the right to rule church and state, or if the church was meant to be run by Papal authority. The Church of England has a deep history going back to the Roman Empire. An invasion in Britain in the fifth century by pagan Angles, Saxons and Jutes caused the Church to lose its organization. Missionary work in the 6th Century by Pope Gregory the Great, led by St Augustine of Canterbury led to the eventual combination of three forms of Christianity. The new Church of England amalgamated the Roman tradition of St Augustine, the old Romano-British church and the Celtic traditions from Scotland. As a result of this new formation the influence of the Church was wider spread and more organized. Traditions assimilated with the Western Christians such as liturgy, theology and church architecture. All of this also meant that until the sixteenth century the Church of England was under Papal rule and was considered a branch of the Roman Catholic Church. The Protestant Reformation began in 1517 when Martin Luther published his Ninety Five Theses. They opposed the Catholic Churches doctrines and stated that the teachings and sales of indulgences and the abuses of them showed corruption in the religion. This was the jumping off point for many people questioning the Catholic Church. In the sixteenth century the English monarchy began to question the fact that their church was still following the authority of the Pope. A main factor in this questioning came from King Henry VIII. Henry wanted his marriage to Catherine annulled, and his marriage would normally be illegal under church law because Catherine was the widow of his brother, but it had been allowed by special consideration from the Pope. Henry claimed that the Papal consideration contradicted church law and therefore the marriage was not legal. The pope upheld his choice and refused to annul the marriage. The underlying cause was the fact that many believed that the authority of the church should belong to the English monarchy not the Pope. Henry broke away from the Roman Catholic Church and declared himself the head of the Church of England (1534), removing the church from the authority of the Pope. During this time Henry also forced the Dissolution of the Monasteries, this was viewed as suppressing the catholic faith. He also started statutes, such as, Statute in Restraint of Appeals, 1533, various Acts of Succession 1533-36, and the first Act of Supremacy in 1536. These acts all dealt with the relationship between the King and the Pope and how the Church of England should be structured. Henry’s belief in the independence of the Church was the dominant influence in making religious policy. Those who still worshipped Catholic rites during Henry’s rule were quietly moved into secrecy. Henry’s son Edward VI further reformed the church by saying that the Protestant Reformation was more like what the Bible’s teachings meant than that of the Pope. Edward was very young when he was in power so most decisions were ultimately decided by a regency council who were mostly Protestant, so of course the decision was made to keep the church under monarch rule. Edward was the first King who had been raised Protestant even though he was only nine when he was crowned his council did allow him to make decisions. By the age of eleven he had already written a treatise on the Pope as Antichrist and made educated notes on theological controversies. Edward wanted to keep the Church of England Protestant rather than Catholic so instead of allowing his half sister Mary to take the throne upon his death he left the crown to Lady Jane Grey. She was only on the throne for nine days before being imprisoned after the council changed sides declaring Mary Queen. During the reign of Mary Tudor (Henry’s daughter) the Church returned to the Pope’s authority. Throughout her father’s and her half brother’s reign Mary had remained loyal to the Roman Catholic faith, she had even asked for a private chapel to worship in since everyone else in the family worshiped under the Church of England. Mary’s change in the Church did not last long when in 1558 Elizabeth I became Queen, and made the Church of England essentially what it is to this day. She removed it from the Pope’s authority, but she kept the catholic creeds, the architecture and aspects of the catholic liturgy. While keeping aspects of the Catholic Church she also incorporated Protestant insights of theology and the general shape of its liturgical practices. In the seventeenth century the Church of England had another crisis; tensions over theological and liturgical issues were part of the reasons that led to the English Civil War. From 1649-1660 the Church of England’s bishops were abolished and the Book of Common Prayer was banned. During this time the church was under Papal rule but when the monarchy was restored in 1660 these decisions were over turned and once again the Church was returned to monarch authority. In 1689 the Toleration Act was passed and Protestantism was legally accepted as long as they followed the doctrine of the Trinity. After this was passed the Church of England became the mother church of the Anglican Communion. One of the main arguments throughout the formation of the Church of England was whether or not the monarchy had the right to decide how the church should be run, or if the church is meant to be run by the Pope. You read "Anglican Church and the Monarchy" in category "Papers" Most believed that since the Pope was not politically affiliated with anyone, it made him impartial and made his rule of the church more pure. He was the representative of God therefore he could settle doctrinal disputes and help spread Christianity without influence from political leaders. Pope Paul III formed the Council of Trent (1545-49) which made the Papacy have power over rulers who wanted to reconcile with Protestants and who were opposed to Papal claims. The monarchy was too powerful and eventually the Papal authority had to bring their focus to spiritual issues as opposed to trying to get secular power (It was not until 1929 that the Lateran Treaty was passed that guaranteed papal independence from secular rule). When the English monarchy declared that the Pope was corrupt and Antichrist they pulled the Church of England out from under papal rule. The throne holds complete political authority in its own state, but the argument of whether this authority crosses over to religion as well was ongoing for many years. Henry VIII makes it easier for himself by having Parliament pass an act appointing him and his successors the head of the Church of England so that they could rule the church whatever way they please. This act caused more problems than solved because now every time the throne was changed the church was changed. The political side of the monarch caused more problems as well. By having political affiliations the monarchs chose rules of the church to follow that suited their political alliances. Affiliations with Scotland made them include Scottish traditions into the Church of England, but bad blood between the British and the Irish made them turn the church away from Catholicism even more. There are arguments that the fact that the Irish worshiped under Papal rule it made the tensions between Britain and Ireland worse. The relationship between France and England was even worse; Henry VIII went to war with France three times during his reign. The national religion of France was Catholicism and during this time though there was a large Protestant following, they were greatly persecuted. This was a major contributing factor to these wars; with France under Papal rule and the Protestants being persecuted the British monarchy was livid, giving them plenty of cause to declare war. During this time Henry declared France to be Britain’s number one enemy. When Elizabeth was in power the hostility towards Catholics was increased. While she was not as intense as Henry she did ban mass and other Catholic practices, and also made her Parliament swear an oath of supremacy threatening the charge of treason to anyone who refused. This threat made many Catholics run from England to avoid persecution. Many of these people were writers and went against Protestantism and implied that the Papal authority was superior, but also tried to not anger their Queen in their writings. This showed how the people were expressing their unhappiness in the choices made for them in religious aspects, but they still respected and honored their monarch. Elizabeth’s main fear was that the brash Catholics would attempt to have her taken out of power. Elizabeth’s fear was so profound that in 1571 she passed The Treason Act which made it high treason to say that Elizabeth was not the true monarch. It also made it illegal to say that she was heretic, tyrant, infidel or usurper. This Act made catholic’s even angrier and made them criticize Elizabeth even more. These criticisms towards Elizabeth made her worries of being de-throned more relevant because now Catholic followers were trying to defend Mary Stuart’s right to the English throne. They claimed that Elizabeth caused tensions in foreign affairs because of her focus on religion. At the same time all of these writings that criticize Elizabeth’s choices for religion, they still spoke kindly of her as a person and a Queen in other aspects. Most respected her as a Queen but condemned her choices towards the Church of England. During this time many Catholic writers from France also condemned Elizabeth’s choices showing that the tensions between Britain and France were still very much active in her reign as in Henry’s. The monarchies strive for complete power in the sixteenth century did them more harm than good. Instead of gaining the trust and fellowship of their people, they caused war, tensions, and general unrest among most of their people. With debates between the Papal authorities, who at the time the people viewed as a direct line to God, and the monarch caused distrust for the people against their leaders. With no right to their own choices in religion people that went against the crown were exiled, imprisoned, or worse, executed for their thoughts and beliefs. With most of Britain being raised Catholic during this time a sudden switch by Henry VIII because of his unhappiness seemed ungodly. The choice to remove the church from the Papal authority was viewed as blasphemous, and it made the people view their King in a different light. Most of Britain lost faith in their Crown during these Reformations because of unorganized systems, and a constant change between monarch authority and Papal rule. Tensions between Britain and neighboring Countries did not help the monarch’s relationship with their people either, as much of the cause of these tensions was from the monarch persecuting Catholics. The goal of total power over the people, land and neighboring Countries by the monarch was not a success because there was no consistency in the way they chose to run their Parliament, church and state. The monarch may have believed that they had the right to run their church, but realistically the political affiliations and personal wants caused more destruction than if they had allowed a more pure source to lead and make decisions for the church. Ultimately relationships in Western Europe could have drastically changed if the Church of England had remained under Papal authority. How to cite Anglican Church and the Monarchy, Papers

Thursday, April 23, 2020

Pocket Money Should Be Given to the Teenagers or Not free essay sample

With the development of our modern society, peoples living conditions become much more comfortable. But along with intense competition, parents have less time to consider children needs in all-round. One method to solve this contradiction is to give children some pocket money. Pocket money is useful to children. But whether the children are considerable enough to make correct use of these money. There are two viewpoints about the pocket money. Some people think that giving children pocket money will make them become luxurious. Others think that will not lead to such disadvantage. In my opinion, both of them are partially reasonable. Nowadays teenagers are moving to independence and it will help them if they have some practice in managing money. Giving pocket money teaches teenagers to manage money while they are still young and parents can still guide them. Also, it help teenagers to make choices and to see that sometimes people have to wait and save up some money to get what they really want. We will write a custom essay sample on Pocket Money Should Be Given to the Teenagers or Not? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The important predicament of pocket money must have certainly flashed your mind either during your childhood or as a parent now. Of course, the dilemma is always much more grave if you are a parent. Parents extensively differ in their perspectives of upbringing children in a system of granting pocket money to take care of their petty expenses. At first, the definite expenses that should be termed as petty is pretty much subjective in nature and needs to be well-defined to start with. The second question you need to ask is what is the extent to which a child be given freedom to spend money which is deemed as pocket money? While lot of parentaâ‚ ¬Ã¢â€ž ¢s concerns revolves around promoting unhealthy competition amongst children on the amount of money they get and loss of control on a childaâ‚ ¬Ã¢â€ž ¢s spending habits, there are also some positive lessons for teenagers such as inculcating money management skills and making tough decision regarding spending desires that offer less value to their lifestyle. Some peoples believe that giving children pocket money really has many advantages. With pocket money, children can buy their daily necessities such as pencils, little toys, and snack food they like. It will give children a certain freedom to select what they want, make them aware rules of the equivalent exchange. Since time to parents is very precious, giving pocket money to children help them to save time spent in shopping, but used in busy working and earning money. Children can get the value of the money when they are responsible to pay for their purchases and they will become more responsible with money matters. It can also lead the children pay for their things from their pocket money itself, so that they get to know how grownups set up a budget when salary comes and pay for living expenses. Some parents think that giving pocket money to their children can saves a lot of time for grownups to buy small things for them. Parents can utilize this time for other important tasks. Once start giving pocket money to children, they have to begin make important decision regarding spending money themselves, this will gives them the sense of purpose and achievement. Besides that, children feel a sense of independence and responsibility towards spending the money in the right way. They learn to understand the value of money. Children will get into the habit of planned income and expenditure. They also learn about saving budgeting. Giving pocket money to children makes them feel an important part of the family since they know that they get a part of the familys monthly income. Therefore, the way of giving pocket money will develop a sense to children of how much has to be done to earn money, learn that money doesnt grow on trees, learn what money can buy, how much they need to buy and what they need to buy. They can have their own money to spend and helping them develop self control and understanding the value of money, and learn to save money. Others insist that there are undoubtedly some disadvantages in spending pocket money. First, young children do not know how to use pocket money appropriately, they possibly consume all the money to buy expensive merchandise that they like, and then ask for extra money from their parents. Some parents cosset their children, and always give them a large amount of pocket money. Such conditions will make children become more and more prodigal. Second, since adults do not supervise the procedure of shopping, children could probably buy something that is not suitable for their age, such as adult magazines. The aâ‚ ¬? Current Pocket Money Trends in Malaysiaaâ‚ ¬? survey has cited that metropolitan children in the 12-20 ages group get as much as RM500 to over RM1500 a month of pocket money to spend on apparels, physical appearance, cell phone and other lifestyle products. A child may not be cautious in spending money, he or she can easily spend on frivolous unnecessary items. Children are not expected to know the value of money so they are never expected to make a wise decision regarding money. A child can easily get into trouble if there is no supervision with regards to money matters. He or she can be the prey to the bullies at school or play area if they are carrying lots of pocket money. Children may always think they will get paid for everything they do to help, you have to find the money to pay them regularly, it is hard to know what the pocket money is supposed to pay for and there will always seems to be something more. Although children learn to understand that amount of money is limited and they need to always choose between their various desires to ensure correct use of their pocket money. Some parents believe that pocket money should not be given since that will make the child feel that parents money is not his/her money, it could lead to unhealthy competition amongst children on the amount of pocket money they get, and they will loss of control on where children spend the money. By judging these two viewpoints above that I mentioned, I think that parents should give their children a limited amount of pocket money and there must always exist some preconditions such as the amount of pocket money must be finite; parents should instruct their children how to use the money moderately and what is suitable to them; for a costly merchandise, parents themselves should take children to buy it. With these preconditions, pocket money will do no harm to their children. Parents need to explain to them where the money is to be used. For example when you first give the amount to your daughter, you need to explain that this money is to cover her school special lunch; candies or soft drinks requirements for a week. If the child is given money without any direction, you could run the risk of the child using the money is a way that does not agree with you. In such cases, parents need to be very careful in not micro- managing where the child spends the pocket money, else the child will get irritated and will not get the aâ‚ ¬? sense of independenceaâ‚ ¬Ã¢â€ž ¢ that parents want to instill in the child. Once children start spending, sometimes away from their parents in going to school, sports classes, tuitions, and they need to carry some amount of money on them. In the beginning, the amount of money should be small and should be periodically reviewed as the child grows. For example parents could decide that every birthday, they will give an increment to your childaâ‚ ¬Ã¢â€ž ¢s pocket money. If your child excels in academics or sports, they could get higher pocket money increments! How much is the best as the pocket money? Parents must always ensure that they give comparable pocket money to their children. It should neither be too much or too little compared to friends. Giving more pocket money than friends will make your child spend more and consider money as frivolous and easily available. If your child gets less pocket money than his/her friends, it will lead to an inferiority complex and the child might start resenting you. An idea might be to give your child a set amount each week, putting half in a savings account. At the end of a time agreed on by you both, perhaps three months and the child can spend the saved money exactly as they wish. If they choose to waste it on lollies they can do so. However most children want something special and usually prefer to save for that particular thing and not waste it on a brief pleasure. This helps teach them the value of saving. Another way treat pocket money as a way of punishment. Parents must be careful not to use pocket money as a way of punishment to their children. Often, parents use aâ‚ ¬? suspension of pocket moneyaâ‚ ¬Ã¢â€ž ¢ as an easy way of punishing their children. This format of punishment is not wrong to use but must be applied carefully. For example if the child has a broken a beautiful vase and you want him/ her to understand the value of the same, you can penalize the child by deducting/ taking away the monthaâ‚ ¬Ã¢â€ž ¢s pocket money. But you cannot start using pocket money as a weapon to get the child to abide by all your wishes. For example you might want your child to have two glasses of milk everyday which he may not want to; in such cases by incentivizing the child for more pocket money will be wrong to do since such a format of giving money is not pocket money but aâ‚ ¬? bribeaâ‚ ¬Ã¢â€ž ¢. Similarly, pocket money penalty cannot be used as a blanket punishment to all wrong-doings. If the child starts feeling that he/she will never really get pocket money due to some punishment, he/she might be tempted to steal money from parents. If you decide to give pocket money you need to work out, how much is reasonable, whether the money will be paid for doing chores, how much must be done to earn it, and how much is simply because aâ‚ ¬? you are a member of the familyaâ‚ ¬Ã¢â€ž ¢, how much each job is worth, whether all children get the same amount or the older child gets more, how much control parents will have over the use of pocket money or do they have to save some, what can they buy with it, when you will pay? Because the children wont learn about the responsibility of money if parents dont honor the agreement.