...I.A. The text, “Fujiwara and Murakami Genji as Assistants to Emperors” was written by Chikafusa, a couple of years after the Period Kamakura Japan (1180 to 1133) and went into the Kenmu Restoration period. This period was marked by the rise of militarism that attempted to make Japan a centralized government. During this time the imperial line remained unchallenged and exercised a vast amount of power. In 1333, the Kamakura shogunate was overthrown by warrior forces and Go-Daigo became the emperor . Go-Daigo belonged to a branch of the Fuijiwara house. He believed that the overthrow of the shogunate was a sign to revive what he believed was the most efficient form of government, the direct imperial rule. This period marked by imperial restoration was called “Kenmu Restoration” and lasted until 1336. As competition for power and land rose, the government was unable to stabilize the country. Two key figures Nitta Yoshida and Ashikaga Takauji were the faces to the struggle for power. Since they could not reach consensus Japan was split in two and the “War Between the Northern (Kyoto) and the Southern (Yoshino) Court,” began. Chikafusa did not play a major role in the Kenmu Restoration but did rally for support for the Southern Court among the eastern warriors. Coming from a high-ranking noble family and prominent minister at court, Chikafusa wrote was the author of Jinnō Shōtōki. This work, also known as “Chronicle of the Legitimate Succession of Divines Sovereigns...
Words: 2475 - Pages: 10
...American writer of the period. It refers to a superficial period of intense economic growth. During this time, businessmen created large business organizations known as trusts. The ingenuity of these entrepreneurs earned the titles of “Captains of Industry”. Yet, their ruthlessness in building wealth at the expense of their competitors, workers and consumers often earned them the title “Robber Baron”. This DBQ (Document Based Questions) asks you to decide whether these businessmen were “Captains of Industry” or “Robber Barons”. Background Essay During the post-Civil War period, an era commonly referred to as the Gilded Age, the economy of the United States grew at a fantastic rate. With the exception of a recession during the mid-1870s, and another during the mid-1890s, the economic growth was in unprecedented in United States history. Manufacturing output increased by 180 percent. Railroads, an important catalyst of growth, increased in miles by 113 percent. Steel production grew to over 10,000,000 tons per year by 1900. Every aspect of the American economy expanded from traditional activities to new enterprises brought about by the huge influx of cutting-edge technological inventions. The gross national product almost doubled during the period and the per capital GNP increased by 35 percent. Wages matured by 20 percent, and a new American middle class emerged for the first time in the history of the United States. Cities grew during this period, as people moved from...
Words: 2205 - Pages: 9
...Introduction The time period between the Persian and Peloponnesian was the golden age of Athens and was the height of their control and influence in their world. Athens was a polis on the Balkan Peninsula. It ruled through direct democracy and had a strong navy. Pericles led them into their golden age and strengthened Athens as an empire. A golden age is the time where an empire has the largest stretching influence and the highest capability to extend their intellectual, philosophical and political ideas. Their golden age took place between the Persian Wars and Peloponnesian Wars, since this was their greatest time of achievement with their spreading ideas. Topic Sentences Topic sentence #1: This time period displays Athens at their highest...
Words: 932 - Pages: 4
...CHAPTER ONE INTRODUCTION 1. Background to the Study Corporate Kenya is shifting its capital raising gear from corporate bonds to the issuance of rights in an effort to raise funds for growth, working capital and new investment while at the same time reigning in the cost of accessing such funds. A rights issue is an option that a company opts for to raise capital under a seasoned equity offering of shares to raise money. McClure (2005) defines a right issue as an invitation to existing shareholders to purchase additional new shares in the company. With the issued rights, existing shareholders have the privilege to buy a specified number of new shares from the firm at a specified price within a specified time. A shareholder is an individual or institution (including a corporation) that owns one or more shares of stock in a public or private corporation. Fama (1980) observes that shareholders own stock, but not the corporation. Shareholders wealth is basically the wealth shareholders get to accrue from their ownership of shares in a firm. Shareholders wealth increases either by increase in share prices that bring about capital gain or increase in dividend payments. Ng’ang’a (1999) argues that the expectation of shareholders will push the management to maximize their returns and increase the market value of the firms. There are two types of rights issue namely the public issue and privileged/private issue. The rights issue gives the existing shareholders securities...
Words: 8218 - Pages: 33
...model with heterogeneous agents to describe the U.S. economy in order to analyze factors affecting consumer saving decisions when QE policies are enacted following an economic crisis. The goal of this model is to show how the saving decision is affected by the enactment of QE in a crisis environment, given the lower prevailing interest rate scenario and elevated levels of economic instability. This study finds that the increase in saving rate observed in the unfavorable rate environment can potentially be attributed to the increased uncertainty in future income expectations and heightened levels of risk aversion that are characteristic of a post-crisis economy. This serves as a theoretical justification for why saving has risen during this stimulative period, thereby stabilizing price levels, as demonstrated empirically by Nasca (2011). Keywords: Decision-Making under Risk and Uncertainty, Inflation, Saving, Money Supply, Monetary Policy JEL Codes: D18, E21, E31, E51, E52 1 Introduction Since the end of the Great Recession, generally assumed to be June of 2009, the United States...
Words: 13053 - Pages: 53
...systems. This system is a range of both economic and political systems based on the idea that wealth should be equally distributed throughout society. Socialism favors ideas that the government should own and control resources instead of the people. "Socialism" is a vague term used to disguise political and economic beliefs, Such as production and distribution of goods are managed by the government rather than by private enterprises or businesses not owned by the government . This way of thinking was easily rejected by the socialists. The socialists disagreed on how much was tolerable under this unlawful idea. Socialism and communism are two closely related economic systems, both...
Words: 619 - Pages: 3
...November, 13, 2013 Thesis statement: during the gilded age there were created several documents that expressed the way the different social groups were thinking and feeling with the changes in the society. There is no doubt the gilded age was a key historic moment in the developing of the United States of America to become the place that now we know, during this period the economy growth thanks to the combination of certain factors such as the appearance of great businessman who built the corporations that were the bases of the economy and a huge improvement in the technology. This historic moment set the path to became into the society that now we are. The assembly line together with the mass production and was established during this time. It also was a time of corruption one of the most important things that this time gave to the world is the institution of monopolies. Henry Demarest wrote an article called “wealth against commonwealth” in 1894 This article was written with the intention of showing what was really happening in the world of the monopolies during the gilded age. The author probably was motivated by what he was watching; the inequality between the rich and the poor, too many were poor and just a few were extremely rich. He described the wealth as some kind of infection, He thought that we were losing the liberty that we earned by falling into corruption trying to be wealth. Demarest mentioned that many rules were...
Words: 1504 - Pages: 7
...BUSINESS SUCCESS REPORT—FOR ENTREPRENEUR Name Date of Birth Time of Birth Place of Birth XYZ mm/dd/yyyy 12:00:00 AM City, Country Preamble: As per your input, you have a business of producing Sewing thread tubes/cones which you market under your brand name, which was incorporated on 7/16/2008. At present you buy dyed yarn from the market and simple package them as tubes/cones for your customers. Like all Gujrati entrepreneurs, Mr. Dhirubhai Ambani is the role model and you have a dream to set up your own polyester manufacturing mill. In the process, you also dream that one day, you will have a net worth of 100 cores of rupees. In this report, we will first analyze whether you have the potential to realize this dream in your life astrologically as per your natal chart. We will also analyze the astrological signatures for next 5 years w.r.t your natal chart and transit of each planet through your natal chart, to capture the potential ups and downs in your business during next 5 years. A) Basic Astrological Parameters: Your Birth Chart: The important parameters in your birth chart: Your Ascendant: Aquarius Your Sun-Sign: Libra Your Moon-Sign: Gemini Exalted Planet: Rahu & Ketu Debilitated Planet: Sun Retrograde Planet: Saturn Natal status of each of the planets in your chart: We have listed above the natal promise of all the 9 Vedic planets in the chart based on their status in the chart. There are likely to be lot of contradictions about their significance in different aspects...
Words: 8422 - Pages: 34
...“The Great Gatsby” by F. Scott Fitzgerald The Great Gatsby is a comment on society in what was supposed to be the greatest period of American history, the 1920's. Its comment is on our perceptions on wealth, and how people go about gaining and receiving said wealth. It is a critique on the class system and the oppression and misrepresentation of the working class. It is a demonstration of the full spectrum of human relationships and the best and worst parts of America. It’s not just about the love story between the novels central characters, Daisy and Gatsby, but more about the social decay of their society. In the Great Gatsby the story is told from a character voice. The novel is read from Nick Carraway perspective. He is a young man we meet at the beginning in the Great Gatsby novel. Nick moves to New York in 1922 to learn about the bond business, he acquires a house on West Egg early in the novel. This is also where he meets his neighbour Jay Gatsby. Jay Gatsby is a mysterious man who is also filthy rich, the method by he acquired his wealth is questionable. Gatsby is represented in the novel as a symbol for new money and the pursuit of the American dream in the roaring twenties. The roaring twenties was a period of great economic prosperity in the US, there where a lot of individuals who gained their massive wealth during this economic period. Jay Gatsby’s primary goal in the novel is to “own” Daisy Buchanan. She is the only thing Gatsby needs to complete his American...
Words: 762 - Pages: 4
...Of all the creatures in the animal kingdom, only humans seek to adorn themselves. Even as far in the past as the primitive man, jewelry took on this role in a variety of forms. Throughout human history, jewelry has existed as an integral form of expression, wealth and social status. Evolving Functions of Jewelry Closely related to the human need of ornamentation, was the use of jewelry as amulets gifted with magical powers, or jewelry used as gifts for the maintenance of religious worship. The first jeweler was the metal worker, who later in time introduced small stones in his metal ornaments to make jewels more beautiful. Soon jewelry advanced from a simple ornamental or amulet stance to a more practical one. Jewels became used as a symbol of rank, wealth and social standing. That is when they became an investment of marketable value. The three basic roles that jewelry has played, the ornament, the amulet and the symbol of wealth, have remained constant to the present time. Egyptian Jewelry Many consider the period of Egyptian jewelry as the beginning of our modern form of jewelry. It was during this time that the manufacturing of jewelry became a profession and techniques and skills evolved. The primary purpose of jewelry for Egyptian was to act as amulets and talismans; their first known use was to wrap them in with mummies as guardians or protectors of the dead. This then spread to the protection of the living. They used gemstones, metal and gold because of their...
Words: 1828 - Pages: 8
...In the novel The Great Gatsby by F. Scott Fitzgerald, the author uses well developed motifs of houses to inform the readers about the overall theme of the novel. By doing so, the author creates well thought symbolism. The use of motifs reflects the conflict of social inequality of wealth. For example, Gatsby's house, one of the most elegant and luxury houses of the town. Which symbolizes the wealth and power that the Great Gatsby has. Fitzgerald expresses, "I want you and Daisy to come over to my house," he said, "I'll like to show around." (Fitzgerald 89). As stated by Gatsby, he "showed" off his wealth through his house. Also to show the life that Daisy would of lived if she was with him. The house that Gatsby owns is looked upon by...
Words: 310 - Pages: 2
...success of today’s companies. Stockholders provide stock options to their employees at all levels as an incentive because this helps them to retain, attract and motivate employees. In the past, stock options were given only to the executives because their goal was to maximize the wealth of the company. Lower level employees play an extensive role in helping executives attain this goal. Hence, stockholders decided to give employees stock options to give them the feel of ownership because this would motivate them to take the company toward success. There are two types of stock options: restricted and unrestricted. The restricted stock option restricts employees from exercising the stocks before the stated period of time. Whereas, an unrestricted stock option is a cash award equivalent to the share value, but the employee does not get the actual stock. Both company and employees get stock option tax benefits. Stock options impact the financial statements of the company; it is either considered as an expense or cost to the company. In both cases, the debt of the company increases, thereby providing a tax deduction. Stock options maximize employees’ personal wealth as well as the company’s wealth. Also, companies are able to retain employees for long term. Although advantages are attractive, the disadvantages can bankrupt the company. Executives’ exercises stock options frequently, which is illegal, and present false earnings to attract investors. In the long term, this...
Words: 3220 - Pages: 13
...income than do the poor. Third, Keynes conjectured that income is the primary determinant of consumption. In particular, he believed that the interest rate does not have an important effect on consumption. A consumption function that satisfies these three conjectures is C = C + cY. C is a constant level of “autonomous consumption,” and Y is disposable income; c is the marginal propensity to consume, and is between zero and one. 2. The evidence that was consistent with Keynes’s conjectures came from studies of household data and short time-series. There were two observations from household data. First, households with higher income consumed more and saved more, implying that the marginal propensity to consume is between zero and one. Second, higher-income households saved a larger fraction of their income than lower-income households, implying that the average propensity to consume falls with income. There were three additional observations from short time-series. First, in years when aggregate income was low, both consumption and saving were low, implying that the marginal propensity to consume is between zero and one. Second, in years with low income, the ratio of consumption to income was high, implying that the average propensity to consume falls as income rises. Third, the correlation between income and consumption seemed so strong that no variables other than income...
Words: 3258 - Pages: 14
...Assess the reign of Amenhotep III Amenhotep III’s reign is often referred to as a time of political stability and economic prosperity for Egypt. Under his reign, and as a result of many conquests of his predecessors, Egypt was flooded with wealth, promoting a flourishing civilisation. With this sense of stability and wealth, Amenhotep was able to invest his time into building programs, building extensively at Thebes, Luxor and Karnak, which also resulted in an advancement in art and religion. In order for his reign to be as successful as it was, Amenhotep also had to promote the image of warrior pharaoh in order to maintain ma’at. Amenhotep governed his empire by a policy of diplomacy, he needed to maintain the peace and stability through a carefully kept balance of power between greater and lesser kingdom. Due to these factors Amenhotep has a highly successful reign for almost 40 years. With the empire at peace for most of his reign, Amenhotep was able to initiate a building program that would surpass that of any of his predecessors. O’Conner says “few Pharaohs from any period of Egyptian history are as noteworthy for their monument-building activities as Amenhotep III.” The Temple of Luxor is an example of the architectural achievements during Amenhotep’s reign. Reeves says that it is Amenhotep’s principal architectural triumph. The temple was built for the purpose of the Opet Festival. This festival renewed the pharaoh’s power and reaffirmed that he was the god’s son. Reliefs...
Words: 924 - Pages: 4
...Marion Wyse Table of content 1:1…….…..………………………………………………………………………Introduction 1:2..………….………………………………………………………………capitalism history 1.3.…….………………………………………..….. Merchant capitalism and mercantilism 1:4……………………………………………….. Transition from 'feudalism' to capitalism 1:5……………………………………………………. Industrial capitalism and laissez-faire 1:6…………………………………………… Finance capitalism and monopoly capitalism 1:7……………………………………………… Capitalism following the Great Depression 1:8……………………………...………………………………………………... Globalization 1:9………………………..………………………………………………………… conclusion 1:10……………………………………………………………………….…………. References The History of capitalism 1; 1 Introduction | Capitalism as we all know is an economic system of producing wealth in which the wealth is privately owned. in capitalism, the land, labor, and capital are owned and operated by private individuals who are trading for one purpose that is, the generation of more income or profits in a legitimate way without force or fraud, by singly or jointly, and investments, distribution, income, production, pricing and supply of goods, commodities and services are determined by voluntary private decision in a market economy. A distinguishing feature of capitalism is that each person is entitled to his or her own labor and therefore is allowed to sell the use of it to any employee. In a "capitalist state", private rights and property relations are protected by the rule of law of a limited regulatory framework. In the modern capitalist...
Words: 3339 - Pages: 14
