Sunday, May 17, 2020

Analysis of the Cuban Missile Crisis Essay - 2520 Words

The Cuban Missile Crisis remains an example of one of the most terrifying events in history for the people of the world. A very real threat existed for the crisis to escalate and create World War III, which would include the annihilation of countries and cause unimaginable damage from the use of nuclear weapons by the United States and the former Soviet Union. The conflict had historical roots in the Cold War between the United States and the former Soviet Union, as well as in the history of relations between the United States and Cuba. The strife between the United States and Cuba culminated when Fidel Castro overthrew a government publicly supported by the United States, although political and military officials in the United States†¦show more content†¦This rivalry created a precarious situation for the world, and â€Å"From the end of World War II until the fall of communism in the late 1980s, the Cold War rivalry between the Soviet Union and the United States domina ted international relations† (Thompson 38). The people of the United States supported the Cold War, but were also heightened to the fact that the conflict meant increased military tension between the two countries. In addition to the Cold War conflict with just the Soviet Union, all communist countries became part of the United States’ campaign of domination. Eventually, Cuba took a front seat in this conflict. The United States had supported the government of Cuba prior to the takeover of the country by Fidel Castro in a proclaimed revolution against injustices to the people. Although publicly taking a stand against Castro, in reality â€Å"President Dwight D. Eisenhower’s administration welcomed the Cuban revolution, for Batista had long been an embarrassing ally, and a friendly, democratic government in Cuba, addressing urgent social reform, would be far more stable and reliable† (Brugioni 38). The public, however, while not in favor of communism o r Cuba, was also not in favor of taking action against the new government. In fact, â€Å"Throughout the early 1960s, the public was opposed to the Castro regime and concerned about the spread of communism in the Western Hemisphere, but it rejected United States military action to remove Castro†Show MoreRelatedA Realist Analysis of the Cuban Missile Crisis1867 Words   |  8 PagesThe Cuban Missile Crisis of 1962 is undeniably a major confrontation of the Cold War. Lasting for 13 days it is arguably the pinnacle of the Cold War. This crisis was a decisive factor in the United States’ (US) decision process of whether to engage in a nuclear war with the Soviet Union (USSR). However the essential fault of both state leaders (J. Kennedy and N. Khrushchev) which created the inevitable crisis was miscommunication. Today we recognise actions taken by both states during the crisisRead MoreRhetorical Analysis Of John F. Kennedys Cuban Missile Crisis1278 Words   |  6 Pages President, John F Kennedy, in his speech to the american people, â€Å"Cuban Missile Crisis,† recounts a time when the U.S was at its closest to a nuclear war against the soviet union due to nuclear missiles being planted in cuba. Kennedy’s purpose of this speech was to inform to the american people that he has decided to quarantine Cuba and of what his thoughts were of the current situation at hand. Kennedy uses a sentimental tone throughout his speech to appeal to similar feelings that his citizensRead MoreJohn F. Kennedy s Decision Making Process1186 Words   |  5 PagesF. Kennedy’s decision-making process changed from the Bay of Pigs Invasion to the Cuban Missile crisis during his presidency. I chose the Bay of Pigs Invasion and the Cuban Missile Crisis because the first is an event in John. F. Kennedy’s presidency before he gained experience from this job and the latter is an event from after he was acquainted with the presidential role. This span of time allows for the analysis of how a president changed throughout his presidency in terms of their decision makingRead MoreThe Cuban Missile Crisis Essay1292 Words   |  6 Pagesinevitable to the world, it was the first time nuclear war was hanging on a thread. The Cuban Missile Crisis presented a threat to the world, in which the USSR planted nuclear missiles on Cuba. America’s response was to threaten launching nuclear missiles at the Russians. This incident launched the world into a new time, which presented nuclear weapons as a source of power. The incident of the Cuban Missile Crisis still connects with us today because the power nuclear weapons present, which providesRead MoreThe Cuban Missile Crisis : The Cold War1323 Words   |  6 Pagesbattle, there were parts caused by it such as the Korean War, the Vietnam War, and the Cuban Missile Crisis, all of which resulted in deaths. The Cuban Missile Crisis was a major factor in the Cold War and possibly the most memorable in relation to the Cold War. The outline of the Cuban Missile Crisis is as follows. It begins when the United States catches the Soviet Union attempting to slip â€Å"nuclear-tipped missiles† into Cuba. President Kennedy wasn’t too fond of the Soviet Union’s decision consideringRead MoreCuban Missile Impact On The World Of The Cold War902 Words   |  4 PagesCuban Missile War Is Cuban communism the beginning of the Cold War? Could the Cuban Missile Crisis end in the world devastation? According to freedictionary.com, nuclear war is â€Å"war in which nuclear weapons are used by both sides. As generally used, the term assumes major use of nuclear weapons by at least two opposing warring states.† The invasion of Cuba by United States caused by the alliances between Cuba and the Soviet Union brought conflict between those countries. The United State tried toRead MoreThe Cuban Missile Crisis as a Turning Point in USA and USSR Essays1009 Words   |  5 PagesThe Cuban Missile Crisis as a Turning Point in USA and USSR The Cuban Missile Crisis was indeed a turning point in USA and Soviet relations during the Cold War. The event stands in history as one that nearly brought humanity to the brink of destruction and is known as perhaps the single greatest political battle between the two superpowers, the world has ever seen. It also started a dà ©tente that which instigated an end to the arms race between the two nations. FollowingRead MoreThe Cuban Missile Crisis : The Bay Of Pigs Invasion1272 Words   |  6 PagesProceeding to the Cuban Missile Crisis, American relationships with Castro were previously tense by the Bay of Pigs invasion (1961) where the United States made an unorthodox action towards Cuba by financing and sending insurgent Cubans to help aid in overthrowing and attacking Castro’s supporters and Castro himself0000000. The Bay of Pigs was unsuccessful. This eventual lead to Castro’s joining with communist Soviet Union and leaving Castro cautious of American plans for Cuba. Castro’s suspicionsRead MoreJfk And Khrushchev s Impact On The World War II1293 Words   |  6 Pagespeople would remember as the closest we ever came to a nuclear war. To many Americans this was very frightening; we have all heard what nuclear weapons can do. No one wants to feel the effects of these nuclear weapons. But you may ask, what caused the crisis and why did it not end in World War III? Who and/or what were the most important actors, structures and institutions involved? And most importantly, which characteristics of those actors, structures and institutions provide the strongest, clearestRead MoreThe Cuban Missile Crisis1217 Words   |  5 Pagesthe CIA calls denial and deception tactics, or DD) ensures that the Soviet intentions and strategies are well cloaked. This was true during the Cuban Missile Crisis. By the time Kennedy got the intelligence reports showing the reconnaissance photographs from the Soviet installations in Cuba, the President publically proclaimed that any nuclear missile attack from Cuba would be regarded as an attack by the Soviet Union and would be responded to accordingly, (Revelations from the Russian Archives

Wednesday, May 6, 2020

Economics Chapter 14 Answers - 994 Words

Question 1 1 out of 1 points According to the aggregate demand and aggregate supply model, in the long run what is the impact of an increase in the money supply? Answer Selected Answer: It leads to increased price level, but there is no change in real GDP. Correct Answer: It leads to increased price level, but there is no change in real GDP. Question 2 1 out of 1 points Which of the following would make the price level decrease and real GDP increase? Answer Selected Answer: Long-run aggregate supply shifts right. Correct Answer: Long-run aggregate supply shifts right. Question 3 0 out of 1 points According to the sticky wage theory, which of the following†¦show more content†¦What are the effects of this decrease in wealth? Answer Selected Answer: a decrease in consumption, shown as a movement to the left along a given aggregate demand curve Correct Answer: a decrease in consumption, which shifts the aggregate demand curve to the left Question 3 1 out of 1 points Assuming that a is positive, how are theories of short-run aggregate supply expressed mathematically? Answer Selected Answer: quantity of output supplied = natural rate of output + a(actual price level – expected price level) Correct Answer: quantity of output supplied = natural rate of output + a(actual price level – expected price level) Question 4 0 out of 1 points Why does a decrease in the price level induce an increase in the aggregate quantity of goods and services demanded? Answer Selected Answer: because as wealth rises, interest rates rise, and the dollar appreciates Correct Answer: because as wealth rises, interest rates fall, and the dollar depreciates Question 5 0 out of 1 points Consider the exhibit below for the following questions. Figure 14-1 Refer to Figure 14-1. How would an increase in the money supply move the economy in the short and long run? Answer Selected Answer: From C to B in the short run and the long run. Correct Answer: From C toShow MoreRelatedEcon 2301 Study Guide1079 Words   |  5 Pageswill make students more informed citizens and allow them to follow the debates over national economic policy reported in the media. This course is also a foundation course that will prepare students to be successful in upper division finance, marketing, business administration, economics, government and social work courses. 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On the other hand, accounting or business profit is the difference between the total revenue andRead MoreReal Estate Finance Midterm Keller1665 Words   |  7 Pages| |    | Student Answer: | |   individuals, but not for institutions such as pension funds and life insurance companies |    | | |   institutions such as pension funds and life insurance companies, but not for individuals |    | | |   individuals and institutions, depending upon their time horizons and investment goals |    | | |   investors in debt instruments but not for investors in equity instruments |    | Instructor Explanation: C is the correct answer | Chapter 1 - page 6-7 | | Read MoreEconomic Analysis Essay851 Words   |  4 Pagesï » ¿ Tahania Rashid MBA 6008 – Global Economic Environment September 14, 2014 Unit 3 Assignment 1 Chapter 9 - Problem 3, pg. 219 Q: You are a newspaper publisher. 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Ethical Issues in the Financial Services

Question: Discuss about the Ethical Issues in the Financial Services. Answer: Abstract This paper will highlights on the Ethical concerns in the financial services industry that influence everybody. The reason being even though you do not work in the financial sector and is still a consumer of the services offered. The public people has the perception that the economic service industry is extremely unethical compared to other aspects of the business. The misperception continues to be persists for several purpose, initially it the all business is significant. It usually consist of the banks, the investments companies, the firms in insurance policy, mutual fund organization as well since any business in the financial sector. Due to the extensive size, the business normally garner numerous headlines, which may tout its ethical lapses. The business continues to be regulated highly, it is consequently much more likely that the greater proportion of the bad deals might be identified as well as reported; perhaps it may be a lot more than in the much less controlled industries . You will discover ethical negligence, which can take place, and a few of the causes of these types of bad behavior why they may take place may be due to the self-interest, which sometimes can morphs into greed as well as selfishness. In the event that these could remain unchecked, the self-interest could remain at the expense of another person. The greed could become some form of accumulation fever. Another challenge could be from the fact that some individuals responsibility could wither under the demands of the client. Sometime it may happen that the push to act unethically could come from the clients. Other reasons could be from the fact that the professional duty could conflict with the demands of the company. An example of this is the faulty reward system, which could induce the unethical behavior. A purely self-interested agent could choose the course of action that contain a high return to themselves. The financial intermediaries should keep to the rules of the law, industry standards as well as the act ethically. It must be pointed out from the beginning there is need not be intrinsically unethical regarding the financial industry. The business has provided necessary services that is crucial that you cater to the better technology along with the society since preserving on the money as well as offer domestic lending. Provided the important part , which the financial industry provides , the moral hazards might be a lot more acute thereby it can be therefore reasonable that the industry might be the subject to the higher ethical standards as evaluation to the commercial enterprises ( Chalmers , 2016 ) . The issue of what the ethical standards should be precisely how we might judge them, as well as whatever they are ultimately focusing on is the central to the debate. When the facet of the regulation should be performed, there is normally a mechanism for dealing exactly what the res ult could be. By emphasizing on the end picture, the fundamental principles, which any ethical financial service industry ought to comprise, are the ethical code of conduct as well as searching for the consistent application of the positive moral conduct across the business (Crane Matten, 2016). This paper will certainly try to look at the ethical facets of the financial service business. This will be achieved through the findings that were done through the research, a discussion will highlight what the research found out and a recommendation will be made in order to improve on the ethical issues in the financial service industry. Findings Based on the study shows that the ethical issues in the services industries is becoming more important with the growth as well as globalization of the sector in the economies that are developed. Further, many of the organization have devoted their resources to the development of the management tools for the services, which are essentially in form of the advanced model for the delivery of the services as well as customer relationship developing as well as the human resource management ( Ferrell Fraedrich , 2015 ) . The studies have also revealed that with the latest incidents of the improper use , fraudulence , as well as other economical questionable deal most of the service institutions face numerous ethical challenges and problem with the potential of harmful effects for the services businesses . Based on the analysis of other scholars along with business ethicists very few have addressed on the moral issues in the financial industry mainly because there are numerous shortcoming t hat occurs in the sector. Many have highlighted the ethical theory and investigation on possibly new or perhaps the in the past disregarded ethical themes as well as issues in relation issues in the financial sector (Prez, Martnez Del Bosque, 2013). On the findings it has found, the code of ethics for the financial services industry is the public popularity by the financial services industry that is often crucial along with privileged role, which it performs in the society, as well as the acceptance by the FSI of the responsibility upon the business and people across the business. The study was conducted to understand the nature and the extent of the ethical challenges, which are faced by the financial industry. Further, to provide the guiding principles of the ethical code of conduct in the financial service industry (Cavusgil, Knight, Riesenberger, Rammal Rose, 2014). From the research, I understand on the roles as well as the responsibilities of the financial institution to be able to strive more effectively as well as efficiently against the current issues. According to the empirical research that has been undertaken in the financial institution are not interested in their own environmental situation or perhaps their clients. There were various changes as well as growing awareness in the financial sector. It was also found that many of the financial sector have bad reputation for the unethical behavior because of the aspect of ignorance and the prejudice. Many individuals have little understanding of finance. Discussion The ethical problems in the financial services industry typically influence everyone, although they cannot operate in the field you can be constantly the customer of the services (Beauchamp, Bowie Arnold, 2004). The public normally have the insight that the financial services industry is more unethical compared to other areas of the business. In a real business situation, there are numerous positions in which people behave regardless of the ethical implication. Sometime we can consider it had been ethical that could not be an ethical case in the world of the finance (Ferrell Fraedrich, 2015). Many of the institution have implemented their personal code of ethics which offers standard professional guidelines for inspiring the employees to act much more ethically and the responsible ( Ferrell Fraedrich , 2015 ) . There is certainly a thin line, which exists between ethical as well as the unethical behavior this might consequently offer the staff false notion anything that could be n ot in particular prohibited might be approved. Furthermore, to the business precise codes of ethics, the professional are bound by those ethical codes of conducts for various professionalin the service sector especially the financial institution. It is important for the organization to train their employees on these organizational code of ethics in order to enable them to be more effective as employees could think it is the global financial society standard (Ennew, Waite Waite, 2013). As the global financial market, which is more combined with many transactions on a daily basis the chances of the business as well as the professions having unethical conduct today, these acts have been on rise as comparison to the past decades where unethical acts were much less in organization. In the current business condition, there are many resulting trouble and more complex situation (Valentine, Hollingworth Schultz, 2016). The people rather than the environment usually govern the ethical behav iors more. In the event that one might establish a norm in the financial industry that it is certainly not merely unscrupulous to embark on unethical action however it is also immoral to not inform other individuals unethical action , in that case there may be more report on the violations ( Crane Matten , 2016 ) . Based upon the analysis of other scholars the following have been recognized as the code of ethics principles for the financial service industry. Among the principle was the competence .The individuals all across the financial services should develop as well as maintain on the relevant knowledge, skills as well as the behavior in order to ensure that all the activities are undertaken professionally as well as proficiently (Ennew, Waite Waite, 2013). The second principle based from the literature review on the research is that of integrity. The organization as well as the individuals all across the financial services industry should be always honest and open in all their dealings (Chalmers, 2016). They should practice ethical standards, which include accountability as well as trustworthy manner in order to prevent any act, which could damage on their reputation. The principle of fairness is another code, which is very significant. Both the individuals and the organization all across the financial service industry should always acts more responsibly and also embrace on a culture, which is fair and transparent (McGillivary Fung, 2013). This may include treating of other people whom they are in the same professional with respect and they should ensure that they are considering on the impact of the decisions and the actions (McGillivary Fung, 2013). Other codes are they should be confidentiality and objectivity where the financial organization will not allow any conflict of interest and they should always protect and keep confident information, which is provided to them. It was noted that the financial service industry to some extent are facing ethical challenges. Some of these challenges are those of the fraudsters and the untrustworthy employees. The characteristic of the ethical lapse in the financial service industry is not intentional, but rather the unintentional wrongdoing (Hudon Sandberg, 2013). The root because which makes the employees to cheat or perhaps steal is the finance itself, which is the norms as well as the values inherent in the financial practices and the way, in which these affects individuals behaviors. The society is usually interworking of individual, which is built in the pillar of trust. The trust is usually based on the molarity and the ethical behavior. For the financial service, industry ethics is essentially the key pillar, and the ladder for the success (Beauchamp, Bowie Arnold, 2004). If the organization lose the trust from the employees, who cheat or steal it would go downhill. The financial service industry shoul d keep the code of ethics to help promote their self-regulation. Recommendations and Conclusion Based on the research it has been found out that the code of ethics for the financial service industry is essentially important for the public recognition of the most critical and the privileged role, and the acceptance of the responsibility on the organization and the individuals. It can be recommended that all the financial service industry organization should adopt on the code in their entities, through implementation of their system in order to integrate their principles through the organization. Through the research, it has been found that many are lacking the principles code of ethics therefore some of their shortcoming or downfall may have been associated with the practices, which were not monitored using their system that do not adhere to the spirit of the code. The companies could use steps such as adoption, commitment and the implementation. The organization should always embed on the principles in the code in their governance, policies as well as their everyday conduct. Mo reover, it is important to have policies as well as procedures, which enhance the adherence to the guidelines of the code, and they evidently outline as well as illustrate on all the inference and repercussions on any kind of violation. This research has provided an extensive awareness on the ethical problems in the financial services industry. The ethics in the service industries has dealt with such themes as the general ethical theory and the services, professional ethics in the service industries. These types of themes have linked to the function of the service in the modern society. The research has highlighted the ethical code such as competency, integrity, fairness, objectivity and the confidentiality, which should be applied to the organization. References Beauchamp, T. L., Bowie, N. E., Arnold, D. G. (Eds.). (2004). Ethical theory and business. Cavusgil, S. T., Knight, G., Riesenberger, J. R., Rammal, H. G., Rose, E. L. (2014). International business. Pearson Australia. Chalmers, S. (2016). Ethical fairness in financial services complaint handling. International Journal of Bank Marketing, 34(4), 570-586. Crane, A., Matten, D. (2016). Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Ennew, C., Waite, N., Waite, R. (2013). Financial services marketing: An international guide to principles and practice. Routledge. Ferrell, O. C., Fraedrich, J. (2015). Business ethics: Ethical decision making cases. Nelson Education. Greenbaum, S. I., Thakor, A. V., Boot, A. (Eds.). (2015). Contemporary financia intermediation. Academic Press. Henderson, S., Peirson, G., Herbohn, K., Howieson, B. (2015). Issues in financial accounting. Pearson Higher Education AU. Hudon, M., Sandberg, J. (2013). The ethical crisis in microfinance: Issues, findings, and implications. Business Ethics Quarterly, 23(04), 561-589. McGillivary, J., Fung, H. G. (2013). The Need for ethical reform in the US financial industry. International Review of Accounting, Banking Finance, 5(1), 18-46. Prez, A., Martnez, P., Del Bosque, I. R. (2013). The development of a stakeholder-based scale for measuring corporate social responsibility in the banking industry. Service Business, 7(3), 459-481. Valentine, S., Hollingworth, D., Schultz, P. (2016, January). Data-Based Ethical Decision Making, Lateral Relations, and Organizational Commitment. In Academy of Management Proceedings (Vol. 2016, No. 1, p. 11029). Academy of Management.