Wednesday, November 27, 2019

American Romanticism Literature quiz Essays

American Romanticism Literature quiz Essays American Romanticism Literature quiz Paper American Romanticism Literature quiz Paper Essay Topic: Literature American Renaissance Five year burst of creative energy from 1850-1855 America gained literary independence from Great Britain What happened in American Literature between 1820-1865 1820-1865 What years did the Era of Optimism last? Confidence in the economy, political system, and citizenry of the nation; population of European immigrants rapidly expanded; technological advances such as the Erie Canal, railroad, farming equipment, the revolver, the telegraph, and oil drilling What conditions fueled national optimism? Sectionalism and cultural provincialism What are 2 issues that undermined national optimism? National division between the North and the South; compromises proved to be only temporary solutions; political independence (States Rights) and slavery; civil war What are some causes of sectionalism? Absence of international copyright law; limited perspective and expectation of many American readers; two schools of thought on the issue of a national literature (strikingly American and universality in theme and form) What are some reasons for cultural provincialism? Revolt against the literary values of the previous age; individualism; imagination; emotion displaced reason; nature; the distant What were some romantic emphases in literary romanticism? Individualism What means man as an individual is superior to man in the mass; all men possess the necessary credentials for public office; man is not a fallen creature, just corrupted by corrupting influences in society?

Sunday, November 24, 2019

IBMs Invention of the First Personal Computer

IBM's Invention of the First Personal Computer In July of 1980, IBM representatives met for the first time with Microsofts Bill Gates to talk about writing an operating system for IBMs new hush-hush personal computer. IBM had been observing the growing personal computer market for some time. They had already made one dismal attempt to crack the market with their IBM 5100. At one point, IBM considered buying the fledgling game company Atari to commandeer Ataris early line of personal computers. However, IBM decided to stick with making their own personal computer line and developed a brand new operating system to go with. IBM PC AKA Acorn The secret plans were referred to as Project Chess. The code name for the new computer was Acorn. Twelve engineers, led by William C. Lowe, assembled in Boca Raton, Florida, to design and build the Acorn. On August 12, 1981, IBM released their new computer, re-named the IBM PC. The PC stood for personal computer making IBM responsible for popularizing the term PC. Open Architecture The first IBM PC ran on a 4.77 MHz Intel 8088 microprocessor. The PC came equipped with 16 kilobytes of memory, expandable to 256k. The PC came with one or two 160k floppy disk drives and an optional color monitor. The price tag started at $1,565. What really made the IBM PC different from previous IBM computers was that it was the first one built from off-the-shelf parts (called open architecture) and marketed by outside distributors (Sears Roebuck and Computerland). The Intel chip was chosen because IBM had already obtained the rights to manufacture the Intel chips. IBM had used the Intel 8086 for use in its Displaywriter Intelligent Typewriter in exchange for giving Intel the rights to IBMs bubble memory technology. Less than four months after IBM introduced the PC, Time Magazine named the computer man of the year.

Thursday, November 21, 2019

Global financial crisis and its effects on Nokia Company Assignment

Global financial crisis and its effects on Nokia Company - Assignment Example On one side, many people believed those responsible for the crisis were the ones receiving bailouts, whereas on the other end, the worldwide financial problems were to affect the livelihoods of almost every individual on the planet due to global interconnection. The subprime turmoil came about in large potion due to the financial tools such as securitization used by banks (Sheila, 2008: 20). Through securitization, banks would pool some of their loans into sellable assets. In so doing, they off-load the risky loans onto others. For this matter, banks knew they would make millions of cash through money-earning loans. However, these money-earning loans tied up for decades, therefore, banks turned them into securities. Security buyers received payments regularly from all mortgages. As a result, the U.S. banks off- loaded their risks. Upon testing this instrument, financial gurus saw securitization as perhaps the greatest innovation of the 20th century. With economic slump entrenching it s effects into the global economy, the divisions of the Nokia including telecommunication and mobile phones division started backing up the pillars of Nokia. In spite of the global deep recession, Nokia grasped potential, quickly came to its feet, and soon started streamlining its business. Financial crisis affected most financial institutions. However, as the securitization business continued buoying, high street banks got into a form of investment banking where they bought, sold, and traded risks. Same investment banks not contented with trading risks, selling and buying, they ventured into home loans and mortgages while they lacked the right management and controls. Many banks took huge sums of money inform of loans thus increasing their... This paper seeks to address the global issue of the financial crisis unfolding, and tries to consider the effects the crisis had on money lending institutions. Also, the change in the financial state of Nokia company is being considered against the background of the crisis. The subprime turmoil came about in large potion due to the financial tools such as securitization used by banks . Through securitization, banks would pool some of their loans into sellable assets. In so doing, they off-load the risky loans onto others. For this matter, banks knew they would make millions through money-earning loans. These money-earning loans tied up for decades, therefore, banks turned them into securities. Security buyers received payments regularly from all mortgages. The U.S. banks off-loaded their risks. Financial crisis affected most financial institutions. High street banks got into a form of investment banking where they bought, sold, and traded risks. Same investment banks not contented with trading risks, selling and buying, they ventured into home loans and mortgages while they lacked the right management and controls. Many banks took huge sums of money in form of loans thus increasing their exposure to financial problems. When people eventually began noticing the risk, their confidence fell down at an alarming rate. As a result, the level of lending slowed down at once and in other cases ceased . September 14, 2008 witnessed Lehman Brothers collapse. Following its collapse, governments worldwide struggled to rescue their gigantic financial institutions as the state of the failing stock and housing sectors persisted. In conclusion, global financial crisis was inflicting and driving even the developed economies bankrupt.