Deficit spending refers to the spending of funds more than the income. In government, deficit spending occurs when the government expenditure exceed the revenues collected over a specified fiscal period (Investopedia, 2016b). An important note on government deficit spending is that it begins at the budgeting stage where the government plans to spend more than it expects to get in revenues. The consequence of this is that the government has to borrow even with the achievement of the highest estimates in revenue collection. The government finances the deficit through two main ways. Traditionally, the major method of meeting the ...
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CHAPTER ONE: INTRODUCTION
1.0 Introduction The phrasal word ‘Big Data’ means literally an enormously huge volume of data. In the present information era, terabytes of data are generated and petabytes of data are processed everyday with the outreach of ubiquitous social media, online shopping and many other mobile and internet based applications. The traditional methodologies became inadequate to process, analyze and extract information from these huge data volumes from diverse sources and of new and different data types. So, new ‘Big Data’ methodologies have been developed in dealing with this barrage of data and to help governments, businesses and industries in taking ...
Diabetes is a chronic illness characterized by absent or reduced pancreatic production of insulin and decreased cellular sensitivity to insulin. The result is a rise in blood sugar levels which does harm to body tissues. Obesity, or a body mass index (BMI) of 30 or greater, accounts for up to 85% of an individual’s risk of having type 2 diabetes (T2DM), which is the more common type (Eckel et al., 2011). Statistics show that obesity occurs more in older adults with more than a third of adults 65 years old and over considered obese (Eckel et al., 2011). ...
The Dynastic Cycle in China
As Usher writes, “A dynastic cycle is a periodic alternation of society between despotism and anarchy.” The political theory of a dynastic cycle implies to the idea that each dynasty undergoes four major steps of development: foundation, consolidation, deceleration, and extinction. After its creation, the dynasty reaches its peak giving the country all possible benefits and making it prosperous, and then declines and falls being replaced by the new dynasty. Throughout its history, China was under the reign of lots of dynasties and, hence, experienced lots of repetitive dynastic cycles. All of them had similar structures but different causes ...
Asian Americans are those individuals with an Asian origin or appearance and reside in the Americas. They are often immigrants who obtain US citizenship by either birth or descent. By 2008, the Asian Americans accounted for 5% of the total population in the US. The American perception and treatment of immigrant races have historically been characterized by massive instances of racial discrimination. The immigrants have been subjected to reduced privileges compared to the people of Native American origin. This paper seeks to examine the case for Asian Americans in regard to how they have been viewed and treated in ...
Every nation has some sort of historical trauma. The creepy and full of horror twentieth century did not miss anyone generously awarding each with a bouquet of mass psychosis caused terrible events. However, among the many big and not very countries most of all has gotten to China: war, revolution, famine, the occupation in the first half of the century and the severity of the second one. Mainland China having suffered under Comrade Mao with his Cultural Revolution, Hong Kong remembers the bloody riots of the 1960s, and Taiwan has gone through a difficult period of "White Terror." This ...
Nowadays homelessness has become a complicated global issue. It is often viewed as an extreme form of social exclusion, largely due to common stereotypes. Since problems of homeless people are rarely discussed in the media, society does not realize the harsh reality these people live in. Several months ago, I was walking down the street when I noticed a man scavenging through the trash for something to eat. I have paid attention to his cloths that were from famous brand H&M. Being involved in the homeless community for a certain period of time, people eventually learns basic rules of ...
Introduction
The treatment for multitudes of diseases and disorders resulting from genetic reasons have been ambiguous since long as the only cure could be the correction of genes and DNA in the specific region. Gene therapy gave a promising horizon to the correction of such genetic defects whereby molecular tools are applied to reverse the mutation or any other changes in the DNA. The advancing biomedical research have offered several tools for gene therapy since last few decades that have been able to perform the desired roles but with one or the other limitations. Lately, CRISPR-Cas9 based tools for gene ...
Painting and art have been part of the Chinese culture for centuries, and the type of art the Chinese civilizations engaged in distinguish them from vast western arts. In this regards, major artists have attributed the Chinese art as having a unique essence, compared to the aesthetic art embraced by western cultures. Therefore, different authors have bid to explain the uniqueness of the Chinese painting and art, but in doing so, they have also had different methodologies and approaches of attaining a similar goal. For instance, Wen and Kathlyn, both wrote about Chinese art and painting, but their methodologies ...
William Kentridge (South African artist)
William Kentridge is a famous South African artist who draws and erases with charcoal. What is interesting about him is that he records his compositions at each stage and creates a video projection of the re-worked source drawings. This makes his aesthetic concerns linked intimately with the descriptive power of his work. There is a palpable tension in his quiet works because of the brutality of the content. Kentridge shows his concerns of post-Apartheid South Africa with an unparalleled lyricism in his compositions 1. Kentridge is a filmmaker and sculptor too and has been heavily involved in theatre. One ...
Versace PEST & SWOT Analysis of China
Versace PEST & SWOT Analysis of China
Political Environment: Government regulations: China’s political environment is unsettled with the existence of both formalized and informal rules. However, the country has for the past few years tried to work on a legal framework to promote e-commerce (Schürmann, 2016). Legal aspects: The development of rules and regulation to govern business operations on the e-commerce platform are still at the rudimentary stages. Currently, the country does not have well-defined legislative frameworks for taxation and intellectual property rights. There are also no legislative guidelines on digital signatures, electronic contracts, consumer rights and privacy ( ...
Introduction
Globalization is the process of international integration arising from technological advancements resulting in increased cultural and trade exchange. In the modern world globalization has resulted in increased productivity. The effects of globalization have been experienced in the following sectors around the world, economic development, culture, environment and political systems. Globalization has both positive as well as negative effects on the society at large. (England & Steve management services, 2001). Grant & Robert (1991) define Competitive advantage as a distinctive advantage that an organization or nation has over its competitors. Thus it gives organization unique benefits over other organizations operating in the ...