...1. What factors enabled the Spaniards to take over the Aztec and Inca empires? The factors that enabled the Spaniards to take over the Aztec and Inca empires were that all three were similar in administrative structures and had a similar link between secular and religious power. Moreover, the people of the Aztec empire hated the Aztec conquerors, which made it easier for the Spanish to make allies to overthrow the Aztec. Also, the Spaniards benefited from total chaos due to disease. 2. What is the mita? How did the Incas use it? How did the Spaniards use it? Mita is the forced labor draft imposed by the Inca then the Spaniards on the indigenous people. The Inca used it to build roadways and public buildings. The Spanish used 1/7th of the adult...
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...Compare own values with those identified in speaker's message (*) • Identify biases, stereotypes, and propaganda in the speaker's message (*) • Analyze speaker's viewpoint and arguments for validity and supporting evidence (*) • Seek additional information from other sources as needed or desired Honesty.... The Parable (Short Story) Once upon a time, there was a Selfish Man. He liked everything to be his own. He could not share his belongings with anyone, not even his friends or the poor. One day, the man lost thirty gold coins. He went to his friend's house and told him how he lost his gold coins. His friend was a kind man. As his friend's daughter was coming from an errand she found thirty gold coins, when she arrived home, she told her father what she had found. The girl's father told her that the gold coins belong to his friend and he sent for him. When the selfish man arrived, he told him how his...
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...The origin of currency Conor Starling ITT-tech Thesis: Most large projects today, including Building a business, involves spending large amounts of money The Origin of Currency From food to water and shelter to accessories everything purchased today is purchased with a form of currency. In fact many large projects today, including building a business, involve spending large amounts of money. How did all this money come to be? Did it just appear from thin air? Well that’s highly unlikely; the first types of trade couldn’t have been pure money or valuable metals but more like pieces of meat from skinned animals to help with purchasing and building things. This form of trade is called bartering and that’s how everything begun. Bartering was used before the use of money to make exchanges of goods and services. One of the first documents of this was the trade of a sharpened rock tied to a stick given to a man for the help of killing a mammoth. Evidence was found on a cave wall and marks the earliest documented trade. It is easy to imagine how many different types of trades happened like this and it also allowed people to begin building wealth. Once the process started it grew from there and soon people had enough goods and tools to start building decent shelter to protect them from unforgiving weather and were able to craft more tools that can be used for trade. However, this form of trade soon proved to be inefficient due to unfair trading practices....
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...Emperor Qin Shi Huang was the first emperor of what would come to be known in the Western world as China. He unified the warring states of China and kept them together by means of a centralized bureaucracy and a standardized and codified law system. In his 35-year reign, he managed to create magnificent and enormous construction projects such as the Great Wall of China and the Terracotta Army. He standardized all weights and measures used in China, and it was during his reign that the Chinese system of written characters became used throughout the land. Today’s Chinese characters are written differently, but are direct descendants of those used during Qin Shi Huang’s reign. Despite his good intentions in unifying China, he did many things that were deemed ruthless. With Li Si’s advice, he banning and burning of many books and the execution of recalcitrant scholars. At the same time, many slaves were sacrificed during the construction of the Great Wall of China. Many scholars have argued that Emperor Qin Shi Huang was a brutal Emperor and disregard his contributions to China. However, his contributions far surpassed his unmerciful action. Therefore, Emperor Qin Shi Huang was the one of the greatest reformer and pioneer in China history and left behind many legacies that has made China what it is today. Emperor Qin named himself “Qin Shi Huangdi,” which means the first great emperor of China. "Qin was for his original states, 'Shi' means first, and 'Huangdi' was a new compound word that...
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...one ever really wondered where money actually came from, how it all happened. How did a piece of paper gain the power to own a person’s soul? Before money, people bared. They simply exchanged a good service for another good service. For example, a bag of rice was exchanged for a bag of beans. Metal objects began being introduced as money in around 5000 B.C. The Lydian’s became the first in the Western world to make coins. Countries all around were beginning to use coins for different values. Metal was used because it was easy to deal with, work with and most importantly, could be recycled. It became easier for people to compare the cost of certain items people wanted using coins. The earliest known paper money started in China, in around AD 960. It became very common worldwide. Making money out of paper was an idea that was loved by all since it was of less value to make. Representative money was traded/exchanged for a certain amount of silver or gold depending on the value given. For most of the 19th and 20th centuries, the majority of currencies were based on money through the use of the gold standard. Soon, representative money moved on to be called Fiat money, which came from the Latin term ‘let it be done’. Money began to be given a value by government which enforced new laws. By the law, money in favor of some other form of payment was illegal. Now, all you see is the money sign, $$. No one knows for sure how that started, but many historians believe it to be from...
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...editorial support, and to Autrement for allowing me to make the English version accessible here. INTRODUCTION This book is about the history of money: how did it begin? how has it evolved to the present day? what has it enabled humans to achieve? and why do so many people in the world today have problems with it and suffer from the way it works? The book is also about the future: how may money develop further? how might we want it to develop? Humans are the only creatures that use money. Animals and birds and insects and fishes and plants exist together in the world without it. But in human societies the earning and spending of money has become one of the most important ways we connect with one another. Most of us have to have money. We need to get enough coming in to match what we need to pay out. We all need to understand at least that much about money. But there is more to it than that. Over the centuries, money has reflected changes in politics and government, in economic life and power, in science and technology, in religious and other cultural beliefs, in family and neighbourhood life, and in other aspects of how we live. And it has not just reflected those changes; it has also helped to bring them about. Knowing something about how that has happened can help us to see how the role of money in people's lives may continue to change, and how we think it should change, as an aspect of the future of our "global village". For young people growing up in the...
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...A Brief History of the International Monetary System Kenneth N. Matziorinis 1. Introduction The international monetary system is the structure of financial payments, settlements, practices, institutions and relations that govern international trade and investment around the world. To understand the international monetary system, we can start by looking at how a domestic monetary system is structured. The Canadian financial system, for instance, is composed of a) a currency; b) a central bank which issues that currency; c) financial deposit-taking and lending institutions such as commercial banks and d) the Canadian Payments Association. The currency used in Canada is the Canadian dollar. It is the means of payment, store of value and unit of account for all transactions conducted within Canada. It is the currency in which all assets and liabilities are measured. As such, exchange rates are not an issue in our domestic transactions. The country’s central bank, is the Bank of Canada. Its role is to issue the currency of the land, the Canadian dollar, to manage the supply of money to ensure that there is neither too much of it that could cause inflation, nor too little that could cause recession and to oversee the financial system, acting as a lender of last resort when the need arises. Commercial banks and other non-bank financial institutions are the main players in the financial system. They engage in the process of financial intermediation, which is the taking of deposits...
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...Introduction Money is nothing and money is everything. Money takes very important role in our society. People cannot imagine life without them. Even little kid knows that he can buy most desired thing for money. Money is a special good which performs a role of global equivalent by expressing value of all other goods. Nowadays we can pay for services in cash, checks, and bank cards. In Slovak republic, like everywhere else, real circulation represents notes, coins and paper money. In this work is analyzed where did the money come from, evolution, what caused their appearance, how they have been accepted in society then. What factors influenced the development of trade exchange and measure as it is today. So, where did the money which is so important in our lives come from? Contents Definition of money 3 Theories of money origin 4 Prehistoric material money 5 Prehistoric metal money 7 First coins 8 Money in Slovakia 10 Money before 1993 10 Money in Slovakia after 1993 11 Slovakia and Euro 11 Conclusions 13 References 14 Definition of money In essence, to satisfy our need we produce goods and provide services (or just do what we need to do). And papers which are called money do not bring any direct benefit. Doubled company’s products, we become richer, but if we print more money we do not become richer at all. With this example we can show that money is totally irrelevant thing. On the other hand, money and financial institutions related...
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...Brand Communication Strategy 1st Lecture: The Ceo promotes the brand to the stakeholders: part of the brand communication strategy. Corporate social responsibility: all about ethics. Principles of Marketing (Kotler, Amstrong). Assignments: Google turns to you, how to develop brand communication strategy into the Chinese market? Market research Situational analysis Recommendations Based the strategy under the conclusion of the market research * Operational marketing 1. Study and understand the market 2. Craft a marketing strategy and plan 3. Develop operational marketing 4. Evaluate returns Managerial project: What a company wants to do Market study project: What a company needs to know We have to follow market trends, evaluating the number of Chinese using google as a metasearch engine, google is a BtoB mood. Start with a PESTEL analysis How foreign policies influence the communication? Problems of national defence, posses so much information about people, it is valuable for any intelligence agencies. Could have some temptations to hack google to get some information from google. Porter’s model to analyse clients, competitors and partners (Micro-environment). GOOGLE: 2004, 40% of the market share, now less than one percent. Google is created in 1998 by Lawrence Page and Sergei Brin. They’re not prepared to assume the rapid growth, nothing to sell, really young and brilliant people but they need a third person Eric...
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...In Amy Tan’s 1989 novel The Joy Luck Club, the author utilizes symbols and juxtaposition to show the importance of heritage and their mother-daughter bond in the novel. In the chapter Double Face, Lindo reflects on her circumstances that led her to America and her wish for her daughter to become different from her, along with her relationship and how out of touch she thinks she is with her daughter, but comes to realize that they are both very similar women and that they both have influenced each other more than they have realized. Tan particularly brings up the women’s noses to use as a symbol of their relationship as mother and daughter. When looking at themselves in the mirror, Lindo recalls a memory of when she broke her nose after arriving...
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...BITCOINS (BTC) I. What are Bitcoins? • A currency that uses cryptographic techniques to allow money transfers directly between peers, rather than through a central authority like a bank. Bitcoin has been called a cryptocurrency because it is decentralized and uses cryptography to control transactions and prevent double-spending • Virtual currency designed for digital realm, generated using mining. • Mining means devoting computing resources to finding "blocks" of Bitcoins. Mining is very computationally intensive, to the point that any computer without a powerful graphics card is unlikely to mine any bitcoins in less than a few years. • “Gold for Nerds” II. Who created/invented Bitcoins? • Satoshi Nakamoto (alias) III. When did this Bitcoins created? • 2009 IV. What countries are investing in Bitcoins? • It seems like the majority of the activity comes from the US and China, with Australia, Japan, Europe and Brazil also regularly investing. (Nov. 18, 2013) V. Why did he created Bitcoins? • Satoshi Nakamoto wanted people to be able to exchange money electronically and securely without the need for a third party, such as a bank. He based Bitcoin on cryptographic techniques that allow you to be sure the money you receive is genuine, even if you don’t trust the sender. VI. How is it being created? • Through the used of complex computer algorithm and a software called “TOR” VII. How to mine Bitcoins? • To mine bitcoins, one must solve a 64-digit computer...
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...Psychological assessment refers to scientific techniques psychologists often use to identify the human personality. Psychological assessment is a process that involves the integration of information from multiple sources, such as tests of normal and abnormal personality, tests of ability or intelligence, tests of interests or outlooks, as well as information from interviews (Framingham, J. 2011). Psychological assessment is one of the most important parts in applied psychology. In this paper writer will explore the historical roots of psychological assessment, explain why the event is significant, and how it has affected the development of psychological testing in the 21st century. Psychological Testing is the core of Clinical Psychology focusing on the measurement of traits, human abilities, and characteristics. Psychologists primarily use the various tests to measure cognitive, intelligence, and personality traits (Framingham, J. 2011). For example, the civil service selection system in China is used to recruit officials according to merits rather than political or family association. Exams were introduced in the Han dynasty. This played a very important role in Chinese intellectual and social life from as early as 2200 B.C.E. (Cohen and Swerdlik, 2010). Passing the exams, which were centered on philosophy and classical literature, became a highly coveted status in the affluent intellectual culture in China. In general, proficiency in endeavors such as music, archery, horsemanship...
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...global reserve currency) must be willing to supply the world with an extra supply of its currency to fulfill world demand for this 'reserve' currency (foreign exchange reserves) and thus cause a trade deficit. The use of a national currency (i.e. the U.S. dollar) as global reserve currency leads to a tension between national monetary policy and global monetary policy. This is reflected in fundamental imbalances in the balance of payments, specifically the current account: some goals require an overall flow of dollars out of the United States, while others require an overall flow of dollars in to the United States. The Triffin dilemma is usually used to articulate the problems with the U.S. dollar's role as the reserve currency under the Bretton Woods system, or more generally of using any national currency as an international reserve currency. There was a solution to the Triffin dilemma for the U.S.: reduce the number of dollars in circulation by cutting the deficit and raising interest rates to attract dollars back into the country. Some economists believe both these tactics, however, would drag the U.S. economy into recession (!!! NO WAY, OF COURSE). Source: Wiki Suny Lewin Institute – Google Img Cache / Federal Reserve Bank of St. Louis. (2012). HOW TO EARN ON THIS? Seigniorage is the difference...
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...Fractions): Percent | Decimal | Fraction | 130% | | | | .072 | | | | 5/8 | 3. Assume that 40% of voters registered voters in Raleigh are Republicans. Read the following questions carefully, and give the most appropriate answers. a. The percentage of voters registered, as Republicans is 25% higher in Boone than in Raleigh. What percentage of the registered voters in Boone are Republicans? b. The percentage of voters registered as Republicans is 25 percentage points high in Boone than in Raleigh. What percentage of the registered voters in Boone are Republicans? 4. a. The number of housing foreclosures in 2008 was 3.98 million, up 78% over 2007. How many foreclosures were there in 2007? b. Your dinner bill is $44.50. You leave $50. Ignoring taxes, what percent tip did you leave? 5. Joe pays a semiannual premium of $750 for automobile insurance, and monthly premium of $150 for health insurance, and an annual premium of $500 for life insurance. Prorate the following expenses and find the corresponding monthly expense. 6. Find the net monthly cash flow (it could be positive or negative). Assume that salaries and wages are after taxes, and assume 1 month = 4 weeks. Income Expenses Part-time job: $650/month Rent: $450/month College fund from Groceries: $80/week grandparents: $400 month...
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...1. Prepare a financial ratio analysis of Sino-Forest’s 2008-2010 financial statements. How would you assess the company’s operating performance and financial condition? Introduction and background 1. Financial analysis 2. Reverse merger One of the key words in this case is “reverse merger”. According to historical statistics, it is shown that the reverse merger one time had been a boom in the market all over the world. But, here comes the question, what is a reverse merger? Generally speaking, a reverse merger, also known as a reverse takeover or reverse IPO, is a simpler and time-shorter method for private companies to go public than common IPO. In a reverse merger, investors of the private company plan to purchase and obtain the major shares of a public shell company, which is then merged with their own investing private company. In order to consummate the deal, the acquirer often trades its own shares with the public shell company in exchange for the shell’s stock, transforming a private company into a public company. Comparing to common IPO, reverse merger must have its own advantages and disadvantages that trigger some companies to use this method while some companies do not. Firstly, common IPO requires the company to raise capital from the public, but some private companies actually do not want to go public because they do not want someone from outside have the significant influence or control of their own companies, and reverse mergers give...
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