Reflective Essay on Reality Shows

Reflective Essay on Reality Shows Reality Shows should be Banned The main essence of reality shows is to put ordinary people in a social confined setting with extraordinary environment and activities with the aim of entertaining audiences with the illusion that what is going on is not scripted nor rehearsed. Most reality shows attempt to convince the audience that the participants of the show are being pushed to their physical, emotional or physiological limits in order to complete a specific task or attain a certain goal of which audience cheer on their favorite participant. With the change in times and technology most reality shows have gone over board and have forgotten the basic concept of reality shows and are now focusing more on entertainment than reality that has lead to increase in sexual exposure, humiliation and immorality. Reality shows have lost their way from original series like survivor to the new mediocre series of two celebrities living in a farm yard for a week. Reality TV has joined the ranks of day time entertainment and has l ost the spark of spontaneous originality from other forms of scripted entertainment. Additionally, the most famous reality shows worldwide are big brother and Idols; these two are examples of scripted and well rehearsed reality shows. In the just concluded episode of idols a judge was dared to sing out of the blue and it so happened just by â€Å"coincidence† that the band started playing a song which the judge joined in emphatically without hesitation. The crowed cheered and applauded for the â€Å"unexpected† performance by the judge. Such reality T.V. shows give viewers and more so children false hope of a â€Å"happily ever after† reality were heroes and heroines live thus insulting the intelligence of the viewers. In the case of big brother viewers are subjected to sex as a form of entertainment. Relationships formed in the big brother house give the participant a better chance of winning the competition and increase his/her ratings thus the audience spends time and money voting for the participant so they can enjoy seeing the participants relationship grow. And due to the full disclosure nature of the show all activities are broadcasted and shown live on our T.V. sets exposing and encouraging our youths, young adults and children to sex, immorality and promiscuous behaviors. Furthermore, the common comic saying â€Å"its funny until someone gets hurt, then its hilarious† comes to life in most reality shows. Producers of reality shows capitalize on the demise and misfortunes of participants. When a contestant falls down or gets hurt in anyway it is taken as a form of entertainment or comedy not knowing the humiliation and psychological trauma they instill in the participant. Examples of such shows are â€Å"show me the funny† â€Å"Real T.V.† and â€Å"Fear factor†. Show me the funny capitalizes on bloopers of home made videos which show family member having accidents such as hitting each other being bitten by a snake or having a ball hit them on their faces. Turning such perilous or even fatal accidents to o form of humor encourages children to view violence and accidents as vivacious events and not the precarious activities they are. Producers also capitalize on the eviction or the inability of a participant to complete a cer tain assignment. The humiliation and reaction of a participant being evicted or accepting defeat is a high point of most reality T.V. which is morally and ethically wrong. The failure of a fellow human being should be frowned upon and not celebrated. The planned scripting and acting that happens in reality T.V. shows insults the viewers intelligence. A good example of this is the most popular TV show on the planet, the WWE wrestling. Such shows give the viewers the misapprehensions that what is going on is ad hoc, spontaneous and impulsive and yet they are not. The physical abuse that is entailed in the WWE wrestling show is unfeasible, ridiculous and impracticable. No human being can with stand such maltreatment and continue to show aggression to his opponent with full body strength. Majority of the audience know that such reality shows are scripted and premeditated but to the young and young at heart, the level of belief and credence they have in reality shows is hazardous to their mental capability to distinguish authentic violence from fictional performances. Such reality shows affect the social interactions of youths. They encourage violence as a form of entertainment and not the atrocious, offensive conduct that it is. Suc h Reality shows have promoted violence in children which has consequently increased gang related bloodshed in America and violent behavior schools. Though most violent reality shows try and warn the audience against performing their impractical physical fetes and aptitude, audiences cannot help but to try out what they see on T.V. and in turn end up hurting themselves and others in the process. Contrarily the banning of reality shows would give us false hope of protecting our children from the bad aspect of â€Å"sex and violence† because it is not only in reality shows that our children are exposed to sex and violence, technology has made it possible for our children to access sexual contents and violent games and videos via the internet. Though banning reality shows would reduce the amount of sexual content they would be exposed to it would only pave way to new forms of sexual and violent entertainment which would conveniently reach our children. Reality TV shows are one but not the most sexually explicit forms of entertainment, so we should not elude our selves that banning reality television would solve the problem, it will only reduce it for a some time, until other forms of explicit entertainment come along. Banning reality TV will be breaking of international laws. It would be an infringement of basic rights, freedom of speech. Every and all human have the right to express themselves in a way they deem fit and so by banning reality TV show we would contravene with their democratic right to convey their grievances and views. With this in mind it would be erroneous to ban the shows since most of the producers know their rights and follow them to the latter, this will convey the violation of these rights and hence it will be impracticable. The viewers too have the absolute right to watch these shows and amuse themselves; banning these shows will create an international outcry from the viewers who derive pleasure from these shows, it will also be in breach of the viewers rights. We should also take heart in the fact that most people will se right through scripted reality shows. We live in an informed world where information is at our finger tips. The shallow scripts and predictability of mediocre reality TV are clichà ©s and with time audiences will distinguish between scripted premeditated and organized reality TV shows and the real thing. At the end of the day if a reality show does not appeal to your everyday life and situation then one should know that the show is scripted. More so with information and technology easy accessibility most viewers get to know the hollowness of reality TV shows and watch them primly for entertainment. This makes the banning of the shows irrelevant and unimportant because to the viewers they are more or less a form of amusement. Finally we need to accept that reality shows have fallen from grace and are not what they used to be. We need to ask ourselves who is to blame, the producers who make the reality TV shows or we the audience who give the producers reason to dramatize reality in a sexually immoral way that that affect the behavior and morals of our young. If the producers made real reality shows that speak to the day to day events of our lives would we watch them with the same interests we watch the current scripted shows? Would we still enjoy the true conflicts triumphs and struggles or are we already hooked to the soap opera type of reality TV that is being broadcasted through out the world/ are we our own worst victims, influencing the increase of sex violence and immorality that is reality TV shows? Or should we shift the blame to those who produce the shows? If we didnt create a market for low quality TV productions would our children be exposed to such appalling entertainment range? The question remains would it help if reality TV was banned? References Murray, S. Ouellete, L. (2008). Reality TV: Remaking Television Culture.(2nd Ed). New York, NYU Press.

E.M Forster

E. M Forster Essay â€Å"I hate the idea of causes, and if I had to choose between betraying my country and betraying my friend, I hope I should have the guts to betray my country. † It appears to me that E. M Forster does make a valuable point in her personal speculation to believe that personal relations are more important than a simple cause or patriotism. In this essay I will give reason to Forster’s opinion as well as the other view of things. Without beloved friends, not only would there be no country,but also the world would seem lonely and one would be lost. (Correlative conj. At some unexpected point in all our lives, we must come to an end, and when we do we want to be able to think, â€Å" When I must leave this world, I’m actually going to be satisfied† (complex sentence) Friends engender a certain warmth that your country will never be able to formulate within. â€Å"A friend should be one in whose understanding and virtue we can equally conf ide, and whose opinion we can value at once for its justness and its sincerity. † (Compound Sentence) This quote is a true definition of a dear friend. The comprehension between two friends is something that you simply cannot get anywhere else, let alone from your country. A single rose can be my garden, but a single friend can be my world. † Friends are roses. (metaphor) Friends blossom with you, helping you grow as a person, enlightening you, every step you take. Friendship is like a violin; the music may stop now and then, but the strings will last forever. (simile) Although this esoteric view may seem like the correct way into choosing a friend over a country, others may contradict that and think otherwise. One may think that being there for one’s country is the absolute least thing you can do to show honor and pride. The love of one's country is a splendid thing. † It’s true, having pride of what land you reside in is great. Some may argue with t he thought of standing by their country rather than a friend is a much wiser idea simply because of how your country will physically never abandon you like some friends might do over time. â€Å"Patriotism is easy to understand in America; it means looking out for yourself by looking out for your country† One can create a certain barrier of so-called protection by simply protecting their country in hope of receiving something spiritual in return.Loyalty and pride are two traits everyone should have when speaking of their homeland, how far they take it, is entirely their own path and choice to take. Overall, I agree with E. M Forster’s main idea in choosing friends over her own country if it would ever result to that. â€Å"As the year go by our friendship will never die† Even when it may not be physically visible friendship will always be there to comfort you with lengthy arms of warmth, encouragement, and companionship, traits that your own shining country will never have.

What Does Politics Play A Role A Government - 1531 Words

Case Study Review To begin this assessment, we ask the question, how why and how does politics play a role in government. Initially, the answer is obvious; politics is the process by which governments operate. However, for this essay the definition of politics has a more distinctive and idiosyncratic meaning. What we find with politics is that it is found in all organizations, both public and private. Organizational politics refers to how people develop power and social networks in attempts to influence others in the group. People use strategies like coalitions, alliances, bargains, or deal making to engage others to influence decision-making and outcomes. In most cases people use politics to seek positive outcomes but we have also seen where negative results are the consequence (Denhardt, Denhardt Aristigueta, 2013, p. 238). Second, question we ask is, â€Å"What is effective public management?† It is most likely where someone is able to identify problems, set goals and use decision-making skills to bring about desired results for citizens of a community or state (Denhardt et al, 2013, p. 130). Over the years, many social scientists and specialists have published theories about motivation and improving productivity. One theory that has gained widespread acceptance throughout business and government for decision making is the managerial model, â€Å"Management by Objective† (MBO). What is MBO? This question looms large for what is it, how is it applied, and most important what doShow MoreRelatedExplain The Effects Of Family On Ones Political Values1171 Words   |  5 PagesDescribe what a democracy is and why it is significant. A democracy is a system of government where the people have the opportunity to have a say in important governmental processes. For instance, in a democracy, one has the privilege to directly vote on key public officials. This can be seen in presidential elections, state elections, etc. A democracy is significant because it protects the interests of the people, and allows citizens to feel a sense of authority in the nation’s government. EssentiallyRead MoreThe Democracy Of The United States Government1246 Words   |  5 PagesRandy Rivas Political Science 1 O’Regan Fall 2015 Voter Turnout In a democracy citizens are permitted to have a significant amount of influence on government through the election of government officials. This is known as Direct Democracy, which means that the citizens play a significant role on the laws and policies of the land. Although the liberty of voting is available, why is the voter turnout so low? Many other countries have a much larger vote turnout than the United States. 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Huntington referenced the rise of democracies in the 70’s that were related to the spread of religion as well as earlier, when Protestantism was popular. In his bookRead MoreFalse Truths, Life, Liberty, And The Pursuit Of Happiness1538 Words   |  7 PagesOrwell’s, 1984, a bleak, yet compelling novel answers this question. In this dystopian version of 1984, asides from discos and neon leggings, Oceania, a mega-continent, is ruled by the omnipotent force called the Party. As told in the novel, the government, itself, is built enti rely on hatred and fear because â€Å"a world of terror as much as a world of triumph†(Orwell, 221) and â€Å"seeks power entirely for its own sake†(Orwell, 217) rather for the good of their citizens. However, the Party controls allRead MoreResearch Schools and Pluralism1280 Words   |  6 Pagesis different in the mind of every individual, but at times these views correspond establishing research schools. 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Political scienceRead MoreThe Biased Media and Its Effects on American Interest Towards Politics1669 Words   |  7 PagesThe Biased Media and Its Effects on American Interest Towards Politics In America we value the freedom of the press. The press is the one place where most Americans go to get educated on issues facing their community, state, and most of all nation. Everyone knows that the media plays a major role in Americans lives; however their role of gatekeeper is not completely understood. The press decides which issues to report and how to report them. In order to improve the nation and world, the mediaRead MorePolitics : A Very Short Introduction941 Words   |  4 PagesPolitics are tied to almost everything in the world today. From medicine, to education politics have a wide sweeping influence on decisions. It is also true that globalization is affected by a political arena between countries. This essay will focus on politics from the political dimension of the book â€Å"Globalization A Very Short Introduction† by Manfred B. Steger. According to the book; politics play a role in; â€Å"state sovereignty, the growing impact of intergovernmental organiza tions, and the futureRead MoreCauses Of Political Polarization1025 Words   |  5 PagesThere are many theories as to how or why political polarization was formed, and the impact it has on government in modern day. Polarization has varied significantly over the years ever since the 1970’s. However, what is the true cause and can it be explained? This paper will discuss some theories on how political polarization came about, and analyzes some accounts of polarization overall. Defining political polarization is vital into developing an understanding of how or why it was initially formed

Stereotypes in School - 517 Words

Stereotypes in school can affect student and their education. Writer, Shankar Vedantam, in his article, â€Å" How a Self-Fulfilling Stereotype Can Drag Down Performance,† explains the effects of stereotypes and how other races handle them. He supports his claim by explaining to the audience what a beast is, and how the answer depends on who is asking the question. He then explains how he eventually came to understand that minorities do better when they work with their own race and are not reminded of these stereotypes. Vedantam’s purpose is to inform people how these stereotypes affect people in a way that can lead them far from success. He adopts a serious and urgent tone for the audience to stop people from stereotyping others so that they can succeed. I think his finding would be very useful to test at my school. Our teacher, Mrs. Roberts gave us a sheet with questions about stereotypes. We were told to interview two people. One of the people was inside our english class. The other was a student that was either a recent graduate, or a student at Point Loma High School. Next, we inputted the data into a form which was converted into a viewable spreadsheet. We looked at all the data by gender first. The second time we viewed the data, it was grouped by ethnicity. Our class has done research into stereotypes at our school. We have interviewed 165 students. Seventy-nine percent of the people we interviewed were in the ninth grade. The rest were evenly spread betweenShow MoreRelatedStereotypes in Schools953 Words   |  4 PagesStereotypes in school can affect students in their confidence and education. Writer, Shankar Vedantam, in his article, â€Å"How A Self-Fulfilling Stereotype Can Drag Down Performance,† argues that reminding people of their race before a test or quiz can be the reason they dont score as high on a test. He supports his claim by first explaining things that Sociologist Min-Hsiung Huang discovered. He then explains how whites have been scoring higher than other races this affects chances of them gettingRead MoreStereotypes at School599 Words   |  2 Pagespassage â€Å"How a Self-Fulfilling Stereotype Can Drag Down Performance† Shankar Vedantam believes that by reminding a certain race of people about their race before a test they will score lower than if not reminded. Shankar’s purpose in revealing this information is to erase the imagery of stereotypes when testing. He adopts a different tone when the article moves on by going from a factual article to a more opinionated one. The intended audience is for people who stereotype because he is trying to convinceRead MoreStereotypes in Our School637 Words   |  3 Pagesdone research at our school that supports the idea that many people experience stereotypes, and are affected by them. 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He supports his claim by first explaining that on a standardized vocabulary test, black people on average scored a 5.49 out of 10 questions correctly and white people answered 6.33 correctlyRead MoreThe Situation of Stereotypes in High Schools557 Words   |  2 PagesStereotypes in our society can be a major problem, but can be an extremely big problem to teenagers. In my school, stereotypes has a wide range of impact to our students. In our class we had read an article based on stereotypes.Writer and musician, Shankar Vedantam, in his article, â€Å"How a Self-Fulfilling Stereotype Can Drag Down Performance,† claims that if you mention a person race they may have a lower performance on tests. He supports his claim by first explaining that when a person is testedRead MoreStereotypes at Point Loma High School609 Words   |  2 PagesOur class does research on the way stereotypes affect people in our school. We have interviewed 165 students. 79% of the people we interviewed were in 9th grade. The rest were evenly spread between 10th 11th and 12th grade. only 42% of our participants were female, while 58% were male. The majority of our interviewees identified themselves as white at 46%. 33% were hispanic or latino 7% were african american 4% were asian american 10% were other and 1% were native american. A majority of our participantsRead MoreStereotyping : Stereotypes And Stereotyping1494 Words   |  6 Pages In everyday life Stereotypes are used, they are directed towards ethnicity, gender, and education. â€Å"In ethnicity, we have the ideas that each race is a certain way† (Aronson. The impact of stereotypes). Here are a couple of examples for blacks, they all can run fast, and that they are all about the welfare system. â€Å"For Hispanics they are stereotyped as being crazy, loud, lazy, drug dealers, illegal immigrants, and slutty† (Typical stereotypes of Hispanics). The stereotypes of ethnicity is causingRead MoreHow Stereotypes Affect Teens699 Words   |  3 PagesStereotypes can be a problem in our society, but they are especially a problem for teenagers. At my school stereotypes impact a wide range of students. My class read â€Å"How a Self Fulfilling Stereotype Can Drag Down Performance,† by Writer and novelist, Shankar Vedantam. In his article he argues that telling people about their race before an exam will hurt their performance. He supports his claim by providing statistics on the average test scores of blacks compared to whites. He then explains thatRead MoreHow a Self-Fulfilling Stereotype Can Drag Down Performance by Shankar Vedantam657 Words   |  3 Pages Shankar Vedantam, author of Hidden Brain and NPR science correspondent informs and advocates for equality in the education system in his article â€Å"How a Self-Fulfilling Stereotype Can Drag Down Performance† published in the Washington Post (2009). Vedantam begins his article by interacting with the audience while he asks a question,and he cites Sociologist Min-Hsuing Huang’s research on the influence that the environment has on a minority. Huang found out that: reminding minorities of their raceRead MoreSummary Of Stereotypes In The Little Rock Nine873 Words   |  4 Pages Stereotypes Stereotypes, people who put other people into a category that they think they belong in. Individuals should be able to be themselves without being focused to be something they are not. Stereotypes the dictionary defines as  ¨a simplified and standardized conception or image invested with special meaning and held in common by members of a group. ¨ Words that are synonyms are  ¨pattern†, â€Å"custom†, and â€Å"average. ¨ Other words that are antonyms are, â€Å"same† and â€Å"alike. ¨ Stereotypes are people

Niccolo Machiavelli Essay - 1536 Words

Niccolo Machiavelli Around 1513 Niccolo Machiavelli while writing The Prince would not be considered a theologian. When thinking of Machiavelli many people confuse him together with the names of rulers who have abused his writings. It also seems other people confuse Machiavelli with the rapper who took his name. Either way people confuse Machiavelli it seems they fail to look at his true message, bettering the state and the greater good. Machiavelli may seem evil to some but his political theory properly applied is optimal for founding a state, establishing and then maintaining order. Machiavelli being a consequentialist believed actions should be judged by their consequences. Machiavelli because of the way he thought believed†¦show more content†¦When thinking of right and wrong would it not be right to save more even though you have to hurt some? Machiavelli is not against all that is good. Machiavelli, although thought to be, is not against religion. Machiavelli believes religion is a great unifier. A fact many have overlooked in his philosophy. Also it seems there is a hint of belief or acknowledgement in God in his passage Although one should not reason about Moses, since he merely executed what God Commanded, yet he must be praised for the grace that made him worthy of speaking with God. But let us consider Cyrus and the others who acquired great kingdoms: they were all praiseworthy, and their actions and institutions, when examined, do not seem to differ from Moses, who had such a mighty teacher. This quote too could be Machiavelli simply covering his tracks so he does not seem blasphemous and the punishment that would come with being blasphemous. It is interesting though why he would even mention Moses when he could have been as easily left out? Machiavelli believed for a prince to be successful he must found a state that will not need a prince once he dies. This belief was stretched over The Prince and The Discourses. The question though is how can a prince make himself obsolete or should he make himself completely obsolete? The answer is no he can not make himself completely obsolete. A Prince should establish a republic but stillShow MoreRelatedNiccolo Machiavelli Essay940 Words   |  4 PagesNiccolo Machiavelli is a great influence on many poloticians, philosophers, and leaders alike. His name has also come into our grammer as Machiavellian or Machiavellism meaning a brutal or realist view of something perhaps not the most moral of methods but it is effective. In Niccolo Machiavellis day and age he was one of the few that could read and write literacy was left primarily to preists and poloticians. He was oviously a very skilled politician and had a knowledge for the art of war. Read MoreThe Prince by Niccolo Mach iavelli885 Words   |  4 PagesNiccolo Machiavelli was born in Italy in 1469 and began his political career in 1498. At that time, Italy was struggling politically. The government was so corrupt and was comprised of several independently operated city-states. What further complicated matters was that this is where the pope lived. He was leader of the Catholic Church, controlled his own territory, and had more influence than any prince of any of the other city-states in Italy. Machiavelli was suspected of being an enemy ofRead MoreEssay on The Prince by Niccolo Machiavelli700 Words   |  3 PagesThe Prince by Niccolo Machiavelli The Prince by Niccolà ² Machiavelli was written in the year 1513 A.C.E. in Italy during a time in which his views were greatly detested by others. They were so hated that he was exiled from his own country for writing them. When hearing this, one must ask oneself, what kinds of views did Machiavelli have so that his own country would cast him out? His ideas, though written very complexly, were very simple. One must gain success and to do so, any means were justifiableRead MoreEssay about Niccolo Machiavelli1653 Words   |  7 Pages According to legend, just before his death, Niccolo Machiavelli told his friends that had remained faithful to him up until the very end about a dream he had had. In his dream, he had seen a group of peasants, wretched and decrepit in appearance. He asked them who they were. They replied, ‘We are the saintly and the blessed; we are on our way to heaven.’ Then he saw a crowd of formally attired men, aristocratic and grim in appearance, spea king solemnly of important political matters. Again, heRead MoreNiccolà ³ Machiavelli: Fear or Love540 Words   |  2 PagesMachiavelli: Fear or Love? Niccolà ³ Machiavelli’s The Prince is a book of political philosophy that describes the perfect leader in a republican fourm of government, the very form used in American society today. Machiavelli explains what qualities the ideal â€Å"prince† should have as well as how he should go about conducting his business. Although both qualtites would be desirable, he argues that if the prince were to choose between being feared or loved by his people, the prince should choose fearRead MoreEssay on Analysis of The Prince by Niccolo Machiavelli517 Words   |  3 Pages The Prince by Niccolo Machiavelli is about the origination of a prince. More or less how a prince can start from the bottom and become a great king or die at the feet of his people before reaching his prime. To become a prince there are many different ways which is explain in this book for example To arrive at this position depends not entirely on worth. Stating that there are a number of way you can become a prince by Favor of the people, but must maintain a healthy friendship and offer protectionRead More Changing Interpretations of The Prince and Niccolo Machiavelli2638 Words   |  11 PagesChanging Interpretations of The Prince and Niccolo Machiavelli After five hundred years, Niccolo Machiavelli the man has ceased to exist. In his place is merely an entity, one that is human, but also something that is far above one. The debate over his political ideologies and theories has elevated him to a mythical status summed up in one word: Machiavelli. His family name has evolved into an adjective in the English language in its various forms. Writers and pundit’s bandy about this newRead MoreThe Prince and The Discourses by Niccolo Machiavelli1753 Words   |  7 Pagesputs Florence in an even worse situation. As a person working at the office of the second chancellery of Florence with great interest in politics, Machiavelli tries to come up with some possible solutions that could get Florence into a better situation. Through his political career as a diplomat and secretary under the regime of Piero Soderini, Machiavelli realizes how important the role of the populace is in order for the Florentine government to get close to wh at he thinks of as the ideal model ofRead MoreThree Points that Niccolo Machiavelli Illustrates in The Prince743 Words   |  3 PagesThree Points that Niccolo Machiavelli Illustrates in The Prince Niccolo Machiavelli is a very pragmatic political theorist. His political theories are directly related to the current bad state of affairs in Italy that is in dire need of a new ruler to help bring order to the country. Some of his philosophies may sound extreme and many people may call him evil, but the truth is that Niccolo Machiavelli’s writings are only aimed at fixing the current corruptions and cruelties that filled theRead MoreBiography of and Principles Taught By Niccolo Machiavelli Essay1047 Words   |  5 PagesMachiavelli Essay: Question 1 Born in the 15th century, Niccolà ² Machiavelli was an Italian historian, politician, philosopher, diplomat and humanist. Following his career as an official in the Florentine Republic, Machiavelli was a founder of modern political science and political ethics. In the political treatise The Prince, written in 1532, Machiavelli outlines several key traits of a successful princedom such as; how to incorporate newly acquired provinces, the most successful way to conquer territories

Schooling the Smash Street Kids Book Review Free Essays

Paul Corrigan’s ‘Schooling the smash street kids’ takes the ever problematic issues of education and youth and provides a glimpse into it from the other side of the street. Impulsive, informal and unorthodox in writing style, Corrigan talks as if you were an old friend, pulling you in and gently nudging your opinions with personal memories. His work was based in the gritty north-east city of Sunderland, studying 14-15 year old boys in two schools with very different levels of facilities but both with undoubtedly working class pupils. We will write a custom essay sample on Schooling the Smash Street Kids Book Review or any similar topic only for you Order Now This book does not start with a hypothesis and then test it but arranges each chapter around a relevant question, i. e. why do kids muck about in class, and answers that question at the beginning of the chapter using existing theories and another way at the end showing the process of the sociological research that had been completed. The nature of the book is to discuss youths and the system of education in 1970s Britain and to highlight problems faced everyday in the classroom by teachers and pupils alike. The book is aimed at giving a voice to those in similar situations, teachers that are struggling to engage the tough to handle children that they teach and those in government that can change it so they can ‘see some point in education itself’ (page 153). Schooling the smash street kids provides real insight to problems that need solutions drawn from actual research that was carried out in schools by the author. Paul Corrigan was able to do this in an effective way as he did not project himself to the pupils as a teacher or an authority figure, but as an author who was writing a book about the students and they were his only reason for being there. This in turn created trust between them and he was therefore able to conduct much more meaningful research that may have not been obtained had he taken on a more authoritative persona. Although the style of the book is written in a way that can be understood and interpreted by people of different abilities and from different backgrounds, holds the readers attention and gets its information across in a succinct and interesting way, the chatty and informal nature of the writing could be a flaw. It may not be taken as a serious piece of research due to this and could lose some credibility among academics, when in fact it could provide significant findings to the field of research. Overall, this book is an easy and interesting read and may be useful to students starting out in the field of criminology, to grasp basic understandings. The book is well organised in structure and incorporates personal experiences and statistics which helps drives home its purpose, to change and improve the schooling system and give a, albeit a small, platform to those and others in a similar position, that Corrigan encounters. How to cite Schooling the Smash Street Kids Book Review, Papers

Managerial Finance Capital Markets

Question: Discuss about the Managerial Finance for Capital Markets? Answer: Equity = Total liabilities and equity Debt Total liabilities and equity = 9,500 + 8% (9500) = 10,260. Debt = 4500 + 8% (4500) = 4,860. Equity = 10,260 4,860 = 5,400 Increase in equity = 5,400 -5,000 = 400 Net income = 5,600 + 8% (5600) = 6,048 Net income is 6,048 but equity increased only by 400, so dividend of 5,648 (6048-400) has been paid. An increase of sales to $28,800 is an increase of: % increase in sales = ($28,800 23,100) / $23,100 = 0.25 or 25% Assuming costs and assets increase proportionally Pro formaincome statement Pro forma Balance sheet Sales $ 28,800 Assets $ 151,250 Debt $ 37,600 Costs 19,875 Equity $87,193 EBIT $ 8925 Total $ 151,250 Total $ 124,793 Taxes (35%) 3124 Net income $ 5,801 The payout ratio is constant: Dividends = ($1,620 / $4,680)($5,801) Dividends = $2,008 The addition to retained earnings is: 5801 2008 = $3,793 New equity balance = 83400 + 3793 = $87,193 External financing need = Total assets Total liabilities and equity = 151250-124793 = $26,457 3: Full capacity sales = $520,000/0.83 = $626,506 Capital intensity ratio = $421,200/$626,506 = 0.6723 Fixed asset need = ($701,687 x 0.6723) - $421,200 = $50,544 A) Retention ratio: b= 1 $9,300 / $14,800 b= 0.3716 ROE (Return on Equity) ROE= $14,800 / $51,000 ROE= 0.2902, or 29.02% Sustainable growth rate= (ROE b) / [1 (ROE b)] Sustainable growth rate=[0.2902(0.3716)] / [1 0.2902(0.3716)] Sustainable growth rate= 0.1209, or 12.09% B) New Total Assets = 1.1209($68,000 + 51,000) = $133,384.62 New Total Debts = [Debts / (Debts + Equity)](Total assets) = [$68,000 / ($68,000 + 51,000)]($133,384.62) = $76,219.78 Additional borrowing = $76,219.78 68,000 = $8,219.78 C) (Return on Assets) ROA = $14,800 / ($68,000 + 51,000) ROA = .1244, or 12.44% The growth rate that can be supported with no outside financing = (ROA b) / [1 (ROA b)] = [.1244(.3716)] / [1 .1244(.3716)] = .0485, or 4.85% If you retire in 25 years, the account will have an ending value of 1500 * (1 + 0.087)25 = $12,073. If you wait 5 years to contribute, it will remain in the account for 20 years; the ending value of the account will be: 1500 * (1 + 0.087)20 = $5,242 A) The APR is the interest rate per week times 52 weeks in a year, so: APR = 52(8%) = 416%, EAR = (1 + 0.08)52 1 = 53.7 or 5,370% B) Calculation of APR 416 % / (1-0.08) = 452.1739 % Now rate per week = 452.1739 / 52 = 8.6956 % per week EAR = (1+0.0869)52- 1 = 75.38 or 7,538% C) PVA = $63.95 = $25[{1 [1 / (1 + r)]4}/ r ]; using trial and error or a financial calculator gives r = 20.63% per week APR = 52(20.63%) = 1,072.90%; EAR = 1.206352 1 = 1,722,530.00% We need to find the lump-sum payment into the retirement account. The present value of the desired amount of retirement is PV = FV (1+r)n PV = 5000000 / (1+0.10)40 PV = $110474.64 This is the value today. Since the savings are in the form of a growing annuity, we can use the growing annuity equation solve for the payments, doing so we get PV= C {1-[(1+g)/(1+r)]40} / (r-g) 110474.64 = C {1-[(1+0.03)/(1+0.10)]40} / (0.10 0.03) 110474.64 = C {1-[(1.03/1.10)]40} / (0.07) 110474.64 = C {1- 0.072074} / 0.07 110474.64 = C x 0.927926 / 0.07 C = $ 8333.89 This is the amount you need to save next year, so the % of your salary is = $ 8333.89 / 50000 = 0.1667 or 16.67 % The PV of the two options is equal to each other to be indifferent, PV = $25,000/r And the PV of the annuity is: PVA = $35,000 [{1 [1/(1 +r)15]}/r] Setting them equal and solving for, we get: $25,000/r=$35,000[{1[1/(1+r)15]}/r] $25,000/$35,000=1[1/(1+r)15] 0.92 = 1/1+r R = 0.087 or 8.7% A) Annual payments (A): PV (withdrawals) = PV (savings) 1/(1.07)30[125,000/0.07(1/{1-1/1.0720})] = A/0.07(1-1/1.0730) 0.13[1,785,714(1.35)]=12.43A A = $25,213 B) The present value of 20 instalments of 125,000 at 7% = 125,000 * 10.594 = $1,324,250 The lump sum payment needed is the present value of $1,324,250 discounted back 31 years at 7%: 0.1228 * $1,324,250 = $162,618 C) Present value of fund required on 65 th birthday (as calculated in b) = $ 1,324,250 Future Value of the employer's contribution, on 65th birthday = (3500/7 %) x [(1.07)30-1] = $ 330,613 Future Value of the distribution, on 65th birthday = 175000 x (1.07)10= $344251 Net fund required on 65th birthday= 330613+ 344251 = $ 649,386 Deposits to be made annually = (649386 x 7 %) / [(1.07)30 -1] = $ 6875 Dividends for the first 4 years is Year 1 = 2.50 + 18% (2.50) = $2.95, Year 2 = 2.95 + 18% (2.95) = $3.481 Year 3 = 3.481 + 18% (3.481) = $4.108 Year 4 = 4.801 + 18% (4.801) = $4.847 P4 = 4.847 (1 + 0.03)/ (0.08 0.03) = $98.9 P0 = 2.95/1.08 + 3.481/1.082 + 4.108/1.083 + 4.847/1.084 + 98.9/1.084 = 2.73 + 2.98 + 3.8 + 3.56 + 72.69 = $85.76 Po = 1.45 * 1.06 /.11-.06 = $30.74 PV3= 30.74 N= 3 r = 6%, FVIF = 1.191, FV = 30.74(1.191) = $36.61 PV15= 30.74 N= 15 r = 6%, FVIF = 1.558, FV = 30.74(1.558) = $47.89 Let the face value of both the bonds X and Y be $1000 P = C(PVIFAR%,t) + $1,000(PVIFR%,t) X: P0 = $90(PVIFA7%,13) + $1,000(PVIF7%,13) = $1,167.15 P1 = $90(PVIFA7%,12) + $1,000(PVIF7%,12) = $1,158.85 P3 = $90(PVIFA7%,10) + $1,000(PVIF7%,10) = $1,140.47 P8 = $90(PVIFA7%,5) + $1,000(PVIF7%,5) = $1,082.00 P12 = $90(PVIFA7%,1) + $1,000(PVIF7%,1) = $1,018.69 P13 = $1,000 Y: P0 = $70(PVIFA9%,13) + $1,000(PVIF9%,13) = $850.26 P1 = $70(PVIFA9%,12) + $1,000(PVIF9%,12) = $856.79 P3 = $70(PVIFA9%,10) + $1,000(PVIF9%,10) = $871.65 P8 = $70(PVIFA9%,5) + $1,000(PVIF9%,5) = $922.21 P12 = $70(PVIFA9%,1) + $1,000(PVIF9%,1) = $981.65 P13 = $1,000 All else held equal, the premium over par value for a premium bond declines as maturity approaches, and the discount from par value for a discount bond declines as maturity approaches. This is called pull to par. In both cases, the largest percentage price changes occur at the shortest maturity lengths. Also, notice that the price of each bond when no time is left to maturity is the par value, even though the purchaser would receive the par value plus the coupon payment immediately. This is because we calculate the clean price of the bond. References Frank J. Fabozzi, Pamela Peterson Drake. (2009). Capital Markets, Financial Management and Investment Management. New Jersey. John Wiley Sons. Fanck Leonard, Basiliki Loli, Blaz Kralj, Vasileios Vlachos. (2012). Investment and Valuation of firms. Kristina Levisauskaite. (2010). Investment Analysis and Portfolio Management. Frank K. Reilly, Keith C Brown. (2012). Investment Analysis and Portfolio Management. Texas. Reilly Brown. V Pattabhi Ram, S D Bala. (2012). Strategic Financial Management. Chennai, India: Snow white prime knowledge series. Eugene F. Brigham. (2005). Financial Management: Theory and Practice. Thomsan South-western.