The Great Depression Essay -- essays research papers

The Great Depression was a time of sadness and poverty for many. It became an unforgettable historical time in American history. The author of the book The Great Depression, Pierre Berton gives a clear view of what happened from 1929-1941. He basically outlines the Depression event by event, explaining what happened where and who was involved. Although many books can tell stories of the depression, I think the author of this book did a good job getting all the facts and letting the reader know exactly what happened.   Ã‚  Ã‚  Ã‚  Ã‚  It is easily shown that the author, Pierre Berton, didn’t show much opinion in this book. He mainly focused on just the facts. He would however give some personal views of reasons for certain things or explanations. He probably got most of his information from a textbook or actual documents. He did a good job compiling these facts into a time line of events. He explains who each important person is that was involved in the times of the depression and all important laws passed.   Ã‚  Ã‚  Ã‚  Ã‚  He began talking about the crash of the market, dubbed Black Thursday. The crash spelled disaster for the national economy. Corporations with heavy investments faced a sudden shock to their assets. This was the beginning of the depression. The national income slipped lower each year from 1929-1932, and it did not return until World War II. Unemployment became the most important problem of the depression to the people living in the US. Another major problem was that the agricultural prices were cut almost in half, and many farms foreclosed because of it. The author goes on to say that there are many different theories as to why the stock market crashed that day. One was that the attempts of the US government and the Federal Reserve Board to stop speculation caused an overreaction in the market, leading to the selling panic.   Ã‚  Ã‚  Ã‚  Ã‚  The next big event in the book was the effects the stock market crash had on America. The author did a great job by including interesting statistics and facts. In 1930, farm income had fallen to the lowest it has been since 1921. A result of this was that farmers didn’t have enough money. According to Berton 5 percent of farmers lost their land. Nowhere was it worse than in the dust bowl, a farming area in the Midwest. Many farmers were forced to move west because o... ...ever got off subject at any time. The reviewer also compliments Berton on his writing style. The way he would write was a way that he always made sense and made it interesting. I can’t disagree with that either, I found the book very interesting, it was hard to put down.   Ã‚  Ã‚  Ã‚  Ã‚  The Great Depression was full of facts and interesting information, and I learned a lot from it. Pierre Berton didn’t present his information with any kind of bias, he just stated what was true. Occasionally he would add in some personal views, but they never strayed far from the truth. The book basically told the story of exactly what happened to the economy during the depression, and Berton did a great job explaining each part of it. He never tried to put in his opinions and state that they were fact. He never had an argument, he was just telling a story of the depression. Therefore there was no side he could’ve taken one way or the other. He wrote his words so that it was understandable for all. He made sure to add in some interesting facts and tell stories in order to keep the reader interested. I think Berton did a great job in summing up the cause and effects of the depression.

Impact of the Recession on Construction Contractors Essay

The current crisis in the world’s financial system has left the construction industry facing its toughest challenges for a generation. Salaries are falling; job cuts are predicted to reach 400,000 in England alone; and the impacts look set to get much worse before they get better. No country is immune from the impact of this and the UK, and much of the rest of the world, is already in, or about to enter a recession. Even buoyant construction markets such as the United Arab Emirates (UAE) are starting to feel the effect, with construction growth rate expected to slow from 20% to 15% in 2009 (Al Mal Capital). The United Nations (UN) predicts world economic output will shrink by as much as 0.4% in 2009 (UN’s World Economic Situation and Prospects Report, 2009). These are serious times, however, the industry needs to be prepared to contribute to the recovery by retraining workers, maintaining the highest of standards of quality and supporting innovation. Construction professionals must not lose sight of their commitment to issues of sustainability, health and safety, ethical business practices and improved building standards. These will future-proof the industry and allow it to grow after the economy recovers. Companies seeking to find an extra edge in an increasingly competitive marketplace are likely to employ greater innovation as they look to become more efficient. This could have far reaching benefits for the industry in the future, where innovation has never been more vital. Construction Output It is clear that construction is in for a period of deflation. Forecasts suggest that there will be a 7% decline in output over the next three years, however, this figure is heavily contingent on Government spending coming through as planned (Construction Products Association). In the second quarter of 2008 new order figures were at their lowest level since 2004; 14% below the average last year. Housing orders were down 30%, private industrial orders by 36% and commercial orders by more than  £1bn from 2007 (Construction Products Association). A rapid decline in private work has been partly propped up by more public sector spending, however the outlook for the private sector over the next few quarters is set to get worse. The Olympics will prop up the industry to a certain extent but the cessation of office development will have a much greater effect. Overall, even if all public sector funding was spent next year, the construction industry in 2009 would still see the largest percentage of fall in output since the early nineties, when over 500,000 left the industry. This has been brought about by the sharp fall in private sector investment in construction – offices, retail, entertainment, as well as private house building. Public Sector Spending The Government’s decision to bring forward  £3bn of capital spending on infrastructure was cautiously welcomed by the construction industry (Pre-budget statement, November 2008). Given the extremely high levels of borrowing that the Treasury is expecting over the next few years, there is a risk that Government will fund later debt repayments with cuts in capital spending on construction further down the track. There is also a risk that delays in the Government’s existing build programmes will lead to increased under-spend. Programmes such as the Building Schools for the Future Programme have already fallen behind schedule, and reports suggest that this is as a result of bureaucracy rather than lack of funding. Business Finance and Loss of Confidence According to the Confederation of British Industry (CBI), more than half of British firms have seen a decline in the ease of access to capital since the onset of the credit crunch; 30% of businesses have been, or expect to be refused new credit; and 78% expect business conditions to be worse next year. The Government must urgently take steps to unblock the financial markets and improve the flow of capital to business. The fiscal mitigation measures that were recently announced by the Chancellor (Pre-budget statement, November 2008) were not sufficient to address the underlying loss of confidence facing all UK businesses (and people). More innovative ways could be investigated by Government to help the industry survive, such as providing credit insurance; relaxing bonding requirements on public projects; setting up project bank accounts; and providing tax breaks/concessions for sustainable construction R&D. At present, the latter has effectively ground to a halt largely as a result of the deeply entrenched uncertainty that abound. Jobs & Loss of Skills Almost 400,000 jobs in the construction sector in England could be lost over the next two years (assuming GDP shrinks by 2.2% in 2009 and rises by 0.75% in 2010). It is predicted that the worst affected area will be London, where 23% of workers are expected to be made redundant (Public and Corporate Economic Consultants for the Local Government Association). On the other hand, Eastern Europeans are responding to the downturn in the market by returning home, and this has eased the severity of the job situation in many instances. Given the forecasts for construction output in 2009, it could be assumed that jobs in the public sector may offer more security than those in the private sector. This reinforces the need for Government to establish how an accelerated public spending package will be implemented. It is essential that the government makes sure timetables don’t slip, and that it does what it can to speed up deal flows and bidding times. Through no fault of its own, the Construction Industry, in particular the house-building Industry, is having to dramatically re-structure and down-size merely to survive. The loss of technical resource and therefore expertise has been considerable and there are already signs that an upturn in the fortunes of the UK economy will not see these people return. This is a real concern, particularly as the science and technology that underpins UK sustainable construction is becoming even more complex and at a time when we need experienced people if we are to meet our sustainability objectives. Furthermore, it is not something that can be addressed overnight by short-term training and/or education. Procurement It has been reported that the credit crunch is likely to reverse the industry’s trend towards negotiated contracts and partnering. Instead, there could be a swing back towards single-stage, lowest bid tenders aimed at achieving the lowest possible outturn cost. While single-stage tendering may be seen as a quick fix during the economic downturn, this does not take the long-term view, nor adequately consider best value for money. It does however provide a more risky financial environment which is likely to become a fertile breading ground for claims and liquidations as contractors cut their profits to secure work in a decreasing market. Partnering has proved itself as the most efficient way of undertaking all kinds of construction work including new buildings and infrastructure, alterations, refurbishment and maintenance. Indeed the figures show that that in the four years from 2001 to 2005,  £700m of public money was saved, and the potential for two and a half billion in savings, would have been feasible had best practice been adopted across the board. When times are hard, best practice is at its most crucial to successful business. Fraud An unexpected knock-on effect of the credit crunch has been a dramatic rise in worldwide construction fraud. Evidence suggests that the average construction company’s loss to fraud has increased by 69% in the last year (Kroll Global Fraud Report), driven largely by tough economic conditions. A total of 890 senior executives participated in the worldwide survey, which covered 10 industries, with just over one-quarter based in Europe. More than 95% of the construction companies surveyed said they had suffered from corporate fraud in the past three years – up by 77% from last year’s survey. Most frequent types of fraud occurring in the construction industry include theft of physical assets or stock, financial mismanagement, management conflict of interest, and corruption and bribery. Companies will need to be even more vigilant than usual to reduce fraud in the construction industry. Sustainability Opinion is divided about the impact of the credit crunch on the sustainability agenda. A recent survey from the UK Green Building Council (UK GBC) suggests that while the conventional building industry suffers, the sustainable building sector is experiencing growth. Asked whether the financial crisis has impacted on their organisation in tackling sustainability, 56% of UK GBC members said sustainability had become a bigger focus. Only 18% said the credit crunch has had an adverse effect on efforts to address sustainability. On the other hand, a survey of small-medium sized contractors suggests that tough government targets on sustainable construction are being missed, as buildings fail to achieve the standards set by the Code for Sustainable Homes (National Federation of Builders). The survey revealed that contractors appeared to be quite knowledgeable about the driving issues and regulations for sustainability, but in over half (53%) of projects tendered for, sustainability was not a client requirement. Either way, it is important that new buildings, not least those procured by government, are of the highest possible environmental standards. Green building can be at the heart of a low-carbon economic recovery, boosting growth and creating green collar jobs. This is particularly true in existing homes and buildings, where we need a massive programme of refurbishment to cut carbon, reduce energy bills and produce more comfortable places to live and work. By continuing to build using sustainable technologies the built environment will be preserved for future generations, and a proven record in sustainable design will be invaluable in gaining new contracts in the growing sustainable market. Education and Training The future success of the construction industry depends on the availability of skilled professionals. The credit crisis poses a significant threat to the number of students enrolling in graduate construction courses. Students may be apprehensive about pursuing a career in construction in this unstable climate. This would result in a loss of specialist skills, which in turn would hinder the recovery and future development of the industry. Sandwich courses could be at particular risk because of the lack of available placements available. Many companies are reducing the number of placements they have for students or not taking on any at all. This could result in a reduction in the number of places available on the courses because they can not guarantee work experience placements. Apprenticeships in the UK house-building industry have also suffered as a direct result of the credit crunch. However, opportunities still exist in the bigger public sector infrastructure projects such as schools, hospitals, railways and roads. As a result of these risks the Government is working with Construction Skills to try and secure as many positions as possible for students. A new taskforce is being created to ensure that construction training is as effective as possible, and apprenticeship funding will also be increased to over  £1 billion to try and prevent skill shortages (Department for innovation, Universities & Skills). For professionals already within the industry, there is research to suggest that individuals with specialist skills or training could potentially gain a competitive advantage in the current economic climate (Chartered Institute of Management). The research predicts that professional qualifications could result in an additional  £152,000 in lifetime earnings. It also suggests that a working knowledge of sustainable building and other innovative methods will be a particular advantage, with major projects on the horizon requiring an extensive skilled workforce in these areas. It is important for employers to train and encourage further development if they want to secure the future of the construction industry. This will ensure that their workforce is properly trained in up-to-date techniques and will put them in a stronger and more competitive position to win new contracts when market conditions improve. Although it may be inevitable for some to make financial cuts to survive, it is crucial to maintain a constant number of new innovative minds that will allow the industry to recovery and continue to grow.

How to Earn Computer Certifications Online

How to Earn Computer Certifications Online Whether you’re looking to broaden the number of companies you can apply to, or simply would like to learn a new skill, there are many options for technology certification and training online. While most credible certification processes require you to take the exam at an authorized testing location, almost all of them do permit you to do all training and preparation work via the internet.When seeking certification, keep in mind that not all types of certification require applicants to complete online training programs. In many cases, certification can be awarded simply by passing an exam. Most certification providers provide training and test prep, but they often charge additional fees to access it. It’s generally best to check the provider’s website for information on the certification first to get a good feel for what preparation is required and what you’ll need help with. Once you decide that the certification is right for you, note the cost to take the exam, and whether the certification provider offers any online assistance free of charge. Fortunately, there are some excellent resources for preparing for certification online that are available free of charge.Some of the more common certification types include: CompTIA A, Microsoft Certified Systems Engineer (MCSE), Cisco Certification (CCNA CCNP), Microsoft Office Specialist (MOS), and the Certified Novell Engineer (CNE). CompTIA A Certification Employers often ask that those looking for IT type position carry some form of certification. For those looking to work with computer hardware, one of the most common certification sought is Comptia A. The A certification demonstrates that you possess the basic foundation of knowledge necessary to provide IT support and is often considered a good jumping off point for those looking to have a career working with computers. Information on the exam and links to online preparation options are available at Comptia.org. Free test prep can be obtained from ProfessorMesser.com. Microsoft Certified System Engineer The MCSE is a good certification to get if you’re looking for employment with a business that uses Microsoft networked systems. It’s good for those with a year or two of experience with networks and some familiarity with Windows systems. Information on the certification,  as well  as testing locations, is provided at the Microsoft website. Free preparation for the exam as well as training material can be found at mcmcse.com. Cisco Certification Cisco certification, particularly the CCNA, is highly valued by employers with large networks. Those looking for a career working with computer networks, network security, and internet service providers will be well served by Cisco certification. Information on certification can be found at Cisco.com. Free study guides and tools can be found at Semsim.com. Microsoft Office Specialist Certification Those looking to work with Microsoft office products such as Excel or PowerPoint will be well served with an MOS certification. While not often specifically requested by employers, an MOS certification is a strong way of demonstrating ones aptitude with a specific Microsoft application. They are also less intense to prepare for than some of the other common certifications. Information from Microsoft on this is available. Free test preparation can be difficult to find, but some practice tests are available for free at Techulator.com. Certified Novell Engineer The CNE is ideal for those looking to, or currently working with Novell software such as Netware. As Novell products seem less used today than they once were, this certification is probably ideal only if you already plan to work with Novell networks. Information on the certification can be found at Novell.com. A directory of free preparation materials can be found at Certification-Crazy.net.Whatever certification you choose to pursue, be sure to review the preparation requirements and costs. Some of the most difficult certification types can take many months to prepare for, so be sure that you’re able to invest the time and resources necessary to get certified. If your virtual certification efforts go well, you may also be interested in earning an online degree.