The Federal Reserve System Essay Example | Topics and Well Written Essays - 750 words

The Federal Reserve System - Essay Example The Federal Open Market Committee (FOMC) consists of the Board of Governors and Federal Reserve Bank Presidents. The FOMC is the monetary policymaking body that creates policy designed to stimulate economic growth, full employment, stable prices, and a sustainable pattern of international trade and payments. It makes responsible decisions concerning the open market operations. In addition, the FOMC directs system operations in foreign currencies. The Board of Governors makes decisions regarding cost and availability of money and credit in the economy. The Board regulates banks, contributes to the monetary policy, and oversees the activities of the Federal Reserve Banks. Members of the Board of Governors include Ben S. Bernanke, the Chairman; Roger E. Ferguson, Jr., the Vice Chairman, Susan Schmidt Bies, Mark W. Olson, Donald L. Kohn, Kevin M. Warsh, and Randall S. Kroszner all of whom are responsible for discount rate and reserve requirements. The responsibilities for discount rate policy are shared with the Federal Reserve Banks. In 1976, the Consumer Advisory Council, consisting of consumer and creditor representatives was established to advise the Board of Governors on consumer related issues. Before the appointment to the Board of Governors, Bernanke was one of President Bush's top economic advisers. He received his bachelor's degree in economics from Harvard and his PhD for MIT. He was a professor at Princeton University and chair of the Economic Department. As a member of the Federal Reserve Board, Bernanke is the first new Fed chairman in nearly two decades. The Federal Reserve Banks conduct research on the economy, supervise banks in their region, and provide financial services to banks and the United States government. They hold cash reserves for depository institutions and make loans to them; move currency and coins in and out of circulation; collect and process millions of checks daily; provide checking accounts for the Treasury; issue and redeem government securities; and are the fiscal agents for the United States government. The Federal Reserve Bank districts include: Atlanta, GA; Boston, MA; Chicago, IL; Cleveland, OH; Dallas, TX; Kansas City, MO; St. Louis, MO; Minneapolis, MN; New York, New York; St., Philadelphia, PA; Richmond, VA; and San Francisco, CA Simplistically speaking, monetary policy is used to control the cyclical fluctuations in the economy. It influences economy activities, by manipulating the supplies of money and credit, thus altering the federal funds rate. Using the three monetary tools - open market operations, discount rate, and reserve requirements, the Fed regulates the money supply. Each affects the amount of funds in the banking system. The open market operations are the purchases and sales of United States Treasury and federal agencies securities. When the Fed desires to increase reserves, it buys securities and to decrease reserve, it sells securities. Such transactions affect the amount of money and credit banks posses, which affects the interest rates and the performance of the United States economy. The discount rate is the interest charged to commercial banks and other depository institutions for loans they receive from their regional Federal Reserve Banks. When the discount rate increases the amount lending made by banks

ICT in Tourism and Hospitality Sector Essay Example | Topics and Well Written Essays - 5000 words

ICT in Tourism and Hospitality Sector - Essay Example This essay is to evaluate the extents to which use of ICT has been embraced in the tourism and hospitality industries especially in small and medium enterprises. The paper will identify the various applications or innovations of information and communication technology that have been integrated into the mentioned industries and how they have helped in improving operations. This essay will point out the major areas of ICT advancement by use of a case study of one of the companies operating in the said industry. The selected case study is the Galle Fort Hotel in Sri Lanka. The hotel is a world recognized hospitality destination with a simplicity that has won the hearts of many people visiting the Galle Fort tourist attraction in the country. The beach hotel is owned by an Australian family with a total of 13 guest rooms and has won many awards among them the 2007 UNESCO heritage conservation award and the world travel award 2009 for being the country’s leading boutique hotel and many others. The hotel has embraced the use of ICT and has a fully functional website. This paper will closely examine its ICT use through the various applications it has employed in order to help it in the day to day operations. From early times, Sri Lanka has been a major tourist attraction for visitors across the globe. The Galle Fort Hotel is one of the best boutique hotels in the country. The hotel is built on the fortified old town of Galle that was founded by the Portuguese in the 16th century. This points out to how it has been set out on a historical and world heritage site. To turn this around whilst ensuring that the area retains its rich historical and cultural heritage is definitely a great challenge. However, the hotel has adopted the use of ICT as evidenced by its presence in the internet through its official website and other social networking sites like face book.

International Business Strategy Essay Example | Topics and Well Written Essays - 3500 words - 3

International Business Strategy - Essay Example also factors related to consumer viewpoint in their willingness to sample new products with untrusted or unknown new competitive players, based also on their traditional cultural values. These factors need to be considered prior to entering Spain as a viable profit opportunity. However, evidence provides that the growth rates in Spain associated with consumer willingness to purchase mobile products makes this a quality opportunity if new methods to undercut these values can be accomplished through marketing or other innovative communications methods. Spain represents a tremendous new market opportunity that is marked with sustained growth, despite problems that exist in labour shortages and the presence of a highly regulated labour market. It is recommended to pursue this strategy of expansion into the Spanish marketplace and improve long-term manufacturing and R&D capabilities in the process. Conducting business in the Middle Eastern markets is considerably different than that of Spain, both at the business and economic levels as well as cultural. These factors must be taken into consideration in order to develop a business model that can bring higher profitability and growth to the company entering this new market. The company described is a mobile communications manufacturer, specialising in the development of new consumer mobile technology products. Spain is marked with an uncertain labour market as well as a radically different cultural tendency that is present at the employee level as well as in relation to how managers conduct routine organisational processes. This report identifies the factors that will impede or enhance new market entry, via Greenfield entry, by reporting on issues which will directly impact success in this new market entry strategy. The consumer electronics market in Spain has experienced a steady growth rate of 10.8 percent between 2004 and 2008 (forbes.com 2010). This represents a consumer market that is adopting new technologies,

Connection Between School Culture and Leadership Styles :: Leadership

There is a connection between school culture and leadership styles. The literature review will also address the two basic categories of leadership. According to Cox (2001), there are two basic categories of leadership which are transactional and transformational. The following scholars (Barnett, McCormick & Conners, 2001) made the distinction between transactional and transformational leadership. James McGregor Burns’ (1998) introduces Burns the difference between ordinary (transactional) and extraordinary (transformational) leaders. According to James McGregor Burns’ (1998) transactional leaders exchanged tangible rewards for the work and loyalty of followers, and (transformational) leaders are the ones who engaged with followers. Additionally, the focused on higher order intrinsic needs, and raised consciousness about the significance of specific outcomes. (Bernard Bass, 2003) introduces the conception of transactional and transformational leadership. He states that they are separate concepts and that good leaders demonstrate characteristics of both. Bass (1990b, p. 21) states that Transformational leadership fosters capacity development and brings higher levels of personal commitment amongst followers. However, transformational leadership occurs when leaders broaden and elevate the interests of their employees. (Kelly, 2003; Yukl, 1989) asserts that Transformational leaders elevate people from low levels of need. Transformational leaders are said to create trust, admiration, loyalty and respect amongst their followers (Barbuto, 2005, p. 28). (Rice, 1993) determines that Transformational leadership is also based on self-reflective changing of values and beliefs by the leader and their followers. From this emerges a key characteristic of transformational leadership. According to Gronn (1996) the literature in educational leadership offers no single conception of the processes that constitute transformational leadership. Gronn (1996) makes emphasis on the close relationship between charismatic and transformational leadership. He point out the absence of notions of charisma in some work transformational leadership. (Leithwood & Jantzi, 2000) introduce the four main factors that make up transformational leadership whereas. They introduce the four main factors which are: 1.) Idealized influence, 2.) Inspirational motivation, 3.) Intellectual stimulation, 4.) Individualized consideration. The Additive Effect of Transformational Leadership supports these four main factors Hall, Johnson, Wysocki and Kepner (2002, p. 2). It will very important to evaluate the four main factors and the effect they can have when dealing with the topic of discussion which is the role of the principal in shaping school culture.

“Is the technology accelerating to collapse the society?” Essay

I There was a time when people used to live a very miserable life and had to work hard in the fields to produce food for themselves. But for the last hundred years or so our quality of life has been gradually improving and today we have sophisticated machines that can do all that hard work for us and make our existence relatively easy and comfortable. Without a doubt, we owe this all to the fast development of our technology. However, the growth of technology has been made possible due to cheap energy which started to be available a little less than three hundred years ago when fossil fuels came into use. Thanks to this abundant and relatively cheap energy provided by fossil fuels humans have been able to exploit a rich variety of resources which created favorable conditions for the development of technology and improved their quality of life. Fossil-driven technology has particularly contributed to â€Å"the development of mechanized agriculture† which has allowed an insignificant number of farmers to â€Å"work vast tracts of land† and produce food in abundance. Sufficient amounts of food have led to â€Å"a wild growth of population†: around 1800 world population was one billion; by 1930 it reached two billion; by the beginning of the 1960s it was three billion; in 1975 – four billion; in 1986 – five billion; and the world’s present population is approaching six billion. In other words, the progress of our society has been based on the development of fossil-driven technology. But the exhaustion of fossil fuels is not far off and there is no other energy source which would be abundant and cheap enough to replace them. It means that our society as we know it today is likely to collapse. (Price, David. Energy and Human Evolution) â€Å"The Age of Exuberance is over, population has already overshot carrying capacity, and prodigal Homo sapiens has drawn down the world’s savings deposits. † (Catton, William. Industrialization: Prelude to Collapse) II Throughout human history many societies have prospered and collapsed; their collapses have direct relevance to the problems we face today. The ancient Maya, for example, were one of the most powerful and advanced societies of the past. Eighty percent of Maya society consisted of peasants who practised intensive slash and burn agriculture, growing mostly corn. (Heinberg, Richard. Meditations on Collapse) During the Classic period of Maya history which arose around A. D. 250 the Maya population â€Å"increased almost exponentially† and reached the highest numbers in â€Å"Page # 2† the eighth century A. D. (Diamond, Jared. The Last Americans. Environmental Collapse and the End of Civilization) One reason why the ancient Maya collapsed was population growth which outstripped available resources. While Maya population was steadily increasing, the area of farmland was decreasing as a result of â€Å"deforestation and hillside erosion†. Another reason was constant warfare which peaked before the collapse as more and more Maya people had to fight over fewer resources. These problems were also exacerbated by a series of droughts. And the final reason for the Classic Maya collapse was political. The coming crisis was not recognized and responded to by the kings and nobles. It can be explained by the fact that the Maya elite remained fixated â€Å"on the short-term concerns of enriching themselves, waging wars, erecting monuments, competing with one another, and extracting enough food from the peasants to support all those activities†, and did not focused on long-term problems. (Diamond, Jared) they did not â€Å"have the leisure to focus on long-term problems, insofar as they perceived them† Today there are many signs of the above-mentioned strands in the United States, the world’s leading power, which is also at the peak of its power and is suffering from numerous environmental problems. Many parts of the United States, for example, â€Å"face locally severe problems of water restriction† (southern California, Arizona, the Everglades, the Northeast), forest fires which result from â€Å"logging and forest-management practices† (intermontane West), losses of farmlands because of salinization, drought, and climate change (northern Great Plains). It is a fact that the environmental problems which exist nowadays in the United States are still modest compared with those of the rest of the world. But the problems of environmentally devastated and overpopulated distant countries are now American problems as well. (Diamond, Jared) Globalization means nothing more than improved worldwide communications and transport systems and at present America is tightly connected to many overseas countries. Intentionally or unintentionally, such things as terrorists, diseases (AIDS, SARS, cholera, West Nile fever), unstoppable numbers of legal and illegal immigrants can easily travel or be sent from the Third â€Å"Page # 3† World to the United States. Modern America depends considerably on the rest of the world and â€Å"political stability anywhere in the world† now affects the USA and its trade routes, overseas markets and suppliers. The ancient Maya were globalized only within the Yucata? n because of their transportation which was slow, short-distance and had low cargo capacity. We live today in a globalized world because our transport is much more rapid and â€Å"has much higher cargo capacity†. (Diamond, Jared) The reasons why past societies failed to anticipate and solve problems before they developed, â€Å"still can be seen operating today†. On the one hand, it is obvious that the possibility of collapse is not taken seriously by our political elite and society. And even when this problem is recognized, â€Å"those in power may not attempt to solve it because of a clash between their short-term interests and the interests of the rest of us†. Pumping oil, cutting down trees, and catching fish which is dying out bring the elite money and prestige but it is â€Å"bad for society as a whole† in the long run. On the other hand, when the problem is recognized and action is being taken it may be difficult for us â€Å"to acknowledge the wisdom of policies† that clash with some of our current benefits. (Diamond, Jared) III The scientific conclusion of many respected geologists, physicists, and investment bankers around the world as to the future of the present society is not encouraging at all: â€Å"civilization as we know it is coming to an end soon†. (Life After the Oil Crash) Our technology-driven economic system is characterized by a high consumption of renewable and non renewable resources – from food to forests, from fresh water to soil – which are disappearing quickly. (Ehrenfeld, David. The Coming Collapse of the Age of Technology) Modern societies depend on technological development and every part of our technology depends on the energy which comes from fossil fuels; and they supply nearly 75% of the world’s energy. At the rate of consumption that we have today known reserves of petroleum will be gone in about 35 years; natural gas in 52 years; and coal in some 200 years. And the demand for energy is â€Å"expected to grow at an ever-quickening pace†. (Price, David) Modern food production is fossil fuel â€Å"Page # 4† and petrochemical powered; commercial fertilizers are made from ammonia, which in turn is made from natural gas; farming machines such as tractors and trailers are constructed and powered using oil. Goods are manufactured in oil-powered plants and factories and then distributed across oil-powered transportation networks. Apart from transportation and agriculture which are dependent on oil, â€Å"modern medicine, water distribution, and national defense are each entirely powered by oil and petroleum derived chemicals†. Oil is required for all plastics, all computers and all high-tech devices. Tin, iron, gold, silver, copper, platinum, etc are each â€Å"discovered, extracted, transported, and fashioned using oil-powered machinery†. We have no way of producing even alternative systems of energy without an abundant and reliable supply of oil as well as of scaling them to â€Å"the degree necessary to power the modern world†. (Life After the Oil Crash) As we can see from these examples, oil plays the most important part among other fossil fuels in modern technology. However, a rapid decline of oil production capacity can be observed in nearly two dozen countries and more than half of the world’s supply has already been used. The global oil peak is likely to occur before 2010 and it is expected to be â€Å"a trigger for global economic crisis†. (Heinberg, Richard) IV All this points out that our present society is indeed heading towards a certain form of collapse. Starvation, social strife, and disease are likely to be â€Å"operative mechanisms† in the collapse of the human society. They are all consequences of scarce resources and dense population and interact in complex ways. (Price, David) Starvation will be a direct result of the depletion of energy resources. Today’s dense population depends for its food supply â€Å"on mechanized agriculture and efficient transportation†. Energy is used in the production and operation of farm equipment and as well as in the transportation of food to market. With the decrease of efficient energy resources food will be bound to grow more expensive and â€Å"the circle of privileged consumers to whom an adequate supply is available will continue to shrink†. Social strife will be another important consequence of the rising â€Å"Page # 5† cost of commercial energy. When goods are plentiful and â€Å"per-capita access to goods is increasing†, social tensions are usually muted. But when goods become more and more scarce and â€Å"per-capita access to goods is decreasing†, ethnic tensions surface, governments often become authoritarian and goods are usually acquired by criminal means. (Price, David) Public health systems will be crippled by a shortage of resources, too. In the meantime, a dense population will encourage the spread of contagious diseases. Throughout human history there have been many examples of large and dense populations leading to the â€Å"appearance of contagious diseases that evolved to exploit them† (smallpox, measles, the Black death). Today, our population is extremely dense and all parts of the world are tightly linked by air travel. All of this facilitates for new diseases such as AIDS to spread rapidly throughout the world. Moreover, a virus as deadly as AIDS but â€Å"more easily transmissible could appear at any time†. (Price, David) We could go even further to state that environmental problems, depletion of energy resources and increased population growth prove that collapse has already begun and all we can do is to make the best of it. It can occur slowly or quickly, be complete or partial, and controlled or chaotic. What we still can and should do is to make a concerted effort to manage this collapse. It would require changes that must be implemented by political leaders and the whole society: large-scale national and international cooperation is necessary in order to allocate essential resources to prevent deadly competition for them as they become scarce. (Heinberg, Richard) These changes are â€Å"well within our human and technological capacity†. First and foremost, the rate at which resources are being consumed and waste is being generated must be gradually decreased. Our resource use and the rate we are polluting the environment can be considerably reduced if we shift to â€Å"proven more-efficient technologies†. It is crucial that our modern society start making these changes now while fossil fuels and other non-renewable resources still exist. They could be invested â€Å"into building a society and economy based on renewable energy, the careful recycling of materials, and the equitable economic institutions required for a sustainable society†. (Gilman, Robert. Reclaiming â€Å"Page # 6†.Politics) We should also give up striving for â€Å"continuous economic growth† and adopt â€Å"lifestyles of voluntary simplicity†. (Heinberg, Richard) BIBLIOGRAPHY: 1. Diamond, Jared. The Last Americans. Environmental Collapse and the End of Civilization, http://www. mindfully. org/Heritage/2003/Civilization-Collapse-EndJun03. htm (November, 16 2005) 2. Ehrenfeld, David. The Coming Collapse of the Age of Technology, http://garnet. acns. fsu. edu/~jstallin/complex/readings/Ehrenfeld. htm (November, 17 2005) 3. Gilman, Robert. Reclaiming Politics, http://www. context. org/ICLIB/IC30/Gilman. htm (November, 30 2005) 4. Heinberg, Richard. Meditations on Collapse, http://www. museletter. com/archive/154. html (November, 16 2005) 5. Life After the Oil Crash, http://www. lifeaftertheoilcrash. net/ (November, 17 2005) 6. Price, David. Energy and Human Evolution, http://www. energybulletin. net/3917. html (November, 16 2005) 7. Catton, William. Industrialization: Prelude to Collapse, http://www. energybulletin. net/4632. html (November, 17 2005).

Annotated Bibliography on Newberger vs. Pokrass

Introduction The main issue that is discussed in the case is whether a passenger can share the responsibility of the pilot in negligent operation of an aircraft Rules. Pokrass filed a suit regarding the crash and wanted a wage compensation for the lost wages and relief compensation for suffering and pain. Pokrass’ Estate appealed the decision of the court. The court explained that in such cases, the rule of â€Å"the things speak for itself† is used. Recent past events would determine the court’s decision. It is presumed that the element that caused the accident was under the control of the defendant and the accident occurred because of the careless Act. When the accident occurred, Newberger was sitting besides Pokrass and Pokrass said that he was feeling sleepy. Newberger warned Pokrass that the aircraft was about to crash and Pokrass said he knew that. He however did not do anything to control the crash. Ultimately the aircraft crashed and Pokrass died as a result of that. Due to the inefficient and Pokrass’ lethargic attitude, the aircraft crashed. Annotated Bibliography Article 1 Dawna L. Rhoades (2008) Evolution of International Aviation: Phoenix Rising This book lays out the forces that shaped the international aviation industry and the forces that changed all the rules in the drive for liberalization. It also takes a closer look at the numerous interesting and difficult choices that the airline industry and the international aviation industry face. This book also takes a closer look at some of the issues that revolve around the international aviation industry and the law suits filed in relation to the industry. It relates to the case of Newberner Vs Pokrass who had a law suit after the pilot, Pokrass had neglected the air traffic rules and made the aircraft they were flying in to crash. In this case, it was very difficult for the court to make a ruling based on the guidelines that existed in the aviation industry. The court however made their ruling based on the doctrine the things speak for themselves and found Pokrass the pilot to be negligent. The court later awarded Newberner a compensation for the losses that he went through. In the Newberger Vs Pokrass case, it was found that the pilot was negligent. This is evident from the way Pokrass talked to Newberger about his sleepy nature. The determination of res ipsa loquitur which stated that ‘things speak for itself’ was used in the judgment. According to the article the court acted within its mandate to determine the res ipsa loquiur. However, the amount of money that was awarded to Newberger for the wage loss of $20,000 and $55,000 by the jury seemed to be excessive. Pokrass was found to be guilty since the use of the doctrine did not require the plaintiff’s lawyer to prove that the defendant was negligent. It was evident from the occurrence of events that Pokrass was negligent thus causing the accident. He deliberately flew at low altitudes in a hilly terrain and his altimeter setting was faulty. His failure to correct the errors even after being warned by Newberger resulted into the accident. Article 2 Melvin C. Newberger v. Irving M. Pokrass et al. CCH 10 AVI 17,118 (1967) This article looks at the case of Newberger Vs Pokrass from a different perspective. It aims at establishing whether a passenger can take up the responsibility of a pilot incase of some negligence by the pilot. The article outlines the relationship between the occupants of the aircraft when it crashed. According to the article, it can be established that the occupants of the aircraft were Melvin Newberger, William Pokrass (the owner of the aircraft and the pilot) and another friend Barbara Seely. The three were friends and decided to take a flight to Eagle River Wisconsin where Pokrass had a home. The weather condition on this day was unfavorable and therefore had to stop at Oshkosh until the weather cleared. As they were flying Newberger napped and Pokrass also mentioned to him that he too felt sleepy. Newberger woke up and told Pokrass that they were just about to hit the trees. Pokrass neglected him and told him that he was aware about that. He did nothing to avert the crash. Unfo rtunately the aircraft crashed and Pokrass and Seely lost their lives. Newberger filed a suit against Pokrass for loss of wage and pains suffered which he eventually won. Pokrass’ estate moved in to challenge the court decision saying that Newberger could have helped in stopping the crash if he had stayed awake. However they lost as the court established that Pokrass was negligent on several occasions. References Dawna L. Rhoades (2008) Evolution of International Aviation: Phoenix Rising Melvin C. Newberger v. Irving M. Pokrass et al. 118 (1967) CCH 10 AVI 17

The Effects Of Climate Change On The World Essay - 1981 Words

All that needs to be done for a person to see that climate change is upon the world is to look outside. The seasons that used to be defined by their drastically different weather have started to blend into a year-long battle for hot and cold, along with unusual rainfall during typically dry spells. Climate change is the change in global or regional climate patterns. Global warming is the idea that the world is being heated by a few degrees every year brought on by an increase in carbon dioxide levels from the growing use of fossil fuels. Together these two things will begin to change the habitats as we know them and could devastate the world as we know it. There have been many studies on the changing climate, and people have begun to realize how significant of an issue this is in present time. The government and the EPA have released many bulletins on changes that are currently taking place, and have projected that it will only continue to escalate to the point that humankind will h ave a minuscule chance of survival. There are those who do not agree that people are causing the shut-down of the climates, or adding to the breakdown of the ozone layer that protects us from radiation in the atmosphere. Some scientists refuse to accept that taking any preventative measures will have any impact on the climate changes, in lieu of the astounding evidence that points to us being the major contributors of the carbon dioxide buildup in the air. Despite what some scientists believe,Show MoreRelatedThe Effects Of Climate Change On The World856 Words   |  4 Pagessustainable place for future generations? Climate change is happening weather we like it or not, what are we going to do? Mahtma Ghandi once said â€Å" you need to be the change you wish to see in the world†. Climate change is causing unbelievably high levels of carbon dioxide , the global economy is estimated to drop by 23 percent by 2100. Our glaciers are melting at an unbelievable pace, Zacharie Isst rom is melting at a pace of 5 billion tons per year. Climate change has been changing for over 650’000Read MoreThe Effects Of Climate Change On The World816 Words   |  4 PagesClimate change is one of the most crucial issues in the twentieth century. There is much evidence to show fluctuations in weather occurring on the earth. Scientists found that the period of global warming is occurring more frequently than the previous time and rapidly increasing temperature globally. The statistic records on the nineteenth century, calculated that the surface of earth throughout the 100 years ago that had average increase of approximately 0.8C. However, during the period thirteenRead MoreThe Effects Of Climate Change On The World Essay1271 Words   |  6 Pagesare being funded to research the effects of climate change. Why, some may ask. Not only does climate change affect the world around you, it affects you directly. Whether it be through air, land, or sea, the human population is not overlooked by nature. Every single person on thi s planet is faced with climate change symptoms on a regular basis. The focus of this paper however will be solely on how the climate change is changing weather patterns and natural climates to create more frequent, large tropicalRead MoreThe Effects Of Climate Change On The World1609 Words   |  7 PagesWith climate change being upon us, the time to act is now. Evidence of drastic climate changes include the following: record low polar ice caps during the summer of 2012, record drought in California, excessive flooding in the eastern half of Texas and record heat in India. This is all evidence of what our â€Å"normal† climate will be like in the future. If we don’t act right now, we will live in a world where cities along the coast like Miami, New York and New Orleans will be partially underwater. RecordRead MoreClimate Change And Its Effects On The World1761 Words   |  8 PagesClimate change is one of the defining environmental concerns facing our globe today. C ertain scientific reports have shown that industrialization and deforestation spurted climatic change and triggered the melting of ice glaciers around the Arctic Ocean at a rapid rate. In 2012, the area of ice covering the Arctic Ocean was estimated to be diminished by half; the condition that was not experienced over the last 30 years. Rise in the sea levels by 15-20 centimeters, on average, are also been recordedRead MoreClimate Change And Its Effects On The World Today1001 Words   |  5 PagesIt is known climate change is occurring because of multiple factors, including greenhouse gases, human activity, and some scientists say solar irradiance. What most people do not know or simply have not thought of is how far back in history was climate change a problem or if it was an issue for early civilizations. It is apparent that early civilizations weakened for several reasons, but one reason in particular is affecting the world today. One particular civilization that is popular for their agricultureRead MoreThe Effects Of Global Climate Change On The World1118 Words   |  5 PagesThe effects of global climate change are everywhere from major cities to the under populated arctics. Most people just call it global warming, but it is not. By calling it global warming people are assuming that everywhere in the world, temperatures are rising and that it will be hotter all year long, but this is not the case. This is why the scientific community calls it global climate change, because it can be hotter in the Summer time and colder in the Winter time. Global climate change occursRead MoreClimate Change And Its Effects On The World Of The Planet1669 Words   |  7 PagesIt is widely accepted that climate change could carry out severe problems through the environmental life of the planet. Feature of climate change is the disastrous results that it caused by the people. Oil is might be the most catastrophic material of the underwater life. Oil spills are emissions of petroleum on the surface of an extensive body of water. The aim of this essay is to discuss the main law that linked to this problem and also some legal aspects of three famous cases and their resultsRead MoreGlobal Climate Change Causes And Effects On The Environment And The World s Oceans916 Words   |  4 Pagesabout global climate change? Do you think we create this problem in the twentieth-first century to damage our planet. This problem started at the beginning of civilization and became worse during the Industrial Revolution of the eighteenth century. Older generations generated more carbon dioxide into the atmosphere due to the burning of fossil fuel and deforestation. More carbon dioxide had a negative impact on the ecosystems of the planet. And the scientific definition of global climate representsRead More Essay on Global Warming: The Effects of Climate Change1410 Words   |  6 PagesClimate change is a long-term alteration in the statistical distribution of weather pa ttern over periods ranging from decades to millions of years. The world is currently experiencing drastic change in temperature. This change can be felt in the tropical climate areas where the weather is getting hotter and hotter every day. The change in global temperatures and precipitation over time is due to natural variability or to human activity. It is also caused by accumulation of greenhouse effects (Arrhenius