Friday, June 19, 2020
Assessing Of A Stock Market Example For Free - Free Essay Example
A stock market is a kind of organizational structure which provides trading facilities for stockbrokers and traders to buy and sell stocks and other securities. It is a market, because these areas enable trading securities for buyers. It is a corporate business, because it has its own rules and norms. Stock exchanges are not only for shares but also they are used for different kinds of commodities and instruments. Although sale bill and bills of exchange are dealt in the stock exchange market, there are foreign exchange markets for currency trading such as Forex and commodity exchanges to trade in goods; such as, cotton exchange that determines cotton price. Additionally, almost all the major world stock markets are affected by three factors: (1) the circumstance and trends of world economy, (2) the situation and trends of local economy and the availability and (3) performance of the sectors (Fama, 1965:34). If these three components are in good condition, the price of share certificates can alter assertively. Thus, enterprisers can reap a profit by purchasing shares cheaply and sell it when its prices increase. Of course, this is not the only way to make a profit by means of stock markets. If the share prices are exorbitant, and if there are some clues about then these prices wou ld decline for a while, investors would drive profit again. The name of this process is Short Selling. This essay reviews the negative effects of short selling and provides European governments opinion, especially Germany, about short selling under different economic circumstances. Although short selling can provide great benefits to investors, there are a number of risks that need further research to reduce its negative influences. It can be seen in this paper that economic history has had numerous disasters to investors because of short selling. In order to show short sellings effects on people and the economic situation, this essay will start by giving detailed definition for short selling, followed by considering its risks and European governments opinions. Therefore this will end by providing tragic examples for short selling which explain how short selling cause the advantages and disadvantages for investors. What is Short Selling Short selling is a type of economic activity which allows investors to earn more money in a short term. In general, investors would like to find a special share in the stock market which is predicted to rise in a short period of time. If everything is suitable conditions and the price boosts dramatically, they gain profit by selling these shares. Short selling, conversely, is the trading of a security that the dealer does not own. According to Yuille (2009:2) more specifically, a short sale is the sale of a security that is not owned by the seller, but that is promised to be delivered. Although this definition is correct, this is not a useful description to get the meaning of what short selling is. Fundamentally, a short seller ,who has raised a loan, sells a share in the expectation that the value of securities falls down hence he or she can come out ahead when he or she takes it back from the market at a dropping price (Taulli, 2004:3). For a better understanding on how short sel ling works, seven basic steps have been summarized below from several authors (Fabozzi, 2004:8; Jones and Lamont, 2002:2; Taulli, 2004:3; Yuille, 2009:5). Additionally Mr. Smith who is a person would like to make a profit via exchange market in the UK will symbolise throughout a text. Step 1- Open an Account and Put in Small Amount: First of all, enterprisers need a bank or a brokerage house account so as to put in their money which could be little. Thus, they are now a player in the stock markets and they can start buying and selling shares. For example, Mr. Smith opened an account in the UK exchange market. Step 2- Making Research About Company: Investors begin to seek to find a share which is reached a peak point in the stock market. They suppose the share price will drop suddenly. Of course, there are some strong indications to make a decision that its price will fall down. Mr. Smith found a company named ABC inc. which its prices extremely high which is à £10 per share a nd he think that it will start to decrease in the near future. He needs to borrow these shares from his broker. Step 3- Borrowing: Whole margin contract permit a broker or a bank to loan out stocks (Taulli, 2004:3). For this reason, when investors make a request in order to borrow these shares, brokers begin to search client securities which will not be sold by owner in the short term. Of course, proprietary do not know it. Mr. Smith found 500 shares to short from his brokerage house. Thus, he is able to sell them. Step 4- Selling: After investors find shares which are suitable for short selling, they sell it immediately. Thus, investors obtain money from shares which are not possessed. Mr. Smith also generated à £5000 by selling shares he does not own. Step 5- Standby Time: This step is the most dangerous time interval for short selling. Because investors are waiting for prices decline right away. If every parameter of stock market is appropriate conditions, investors can make huge money following step 6 and step 7. Mr. X is extraordinarily lucky, because his shares decreased from à £10 to à £6. Thus, he made a gain which is à £2000. Step 6- Collecting Shares from Market: Investors can collect these shares from the exchange market swimmingly. Inasmuchas, there is a chance to buy stock exchange when its price start to decrease. Mr. X found shares à £6. Step 7- Pay-Back: This step is one of the most simple and pleasant phase for short seller. They refund shares to rightful owner. Thus, investors make a profit by means of not their shares. The Stock Price Sinks (stock goes à £6 to ) Borrowed 500 shares of ABC at à £10 à £5000 Bought Back 100 shares of ABC at à £6 -à £3000 Your Profit à £2000 https://www.investopedia.com/university/shortselling/shortselling2.asp Additionally, the actors the exchange market use different kinds of short selling named Naked Short Selling. If short seller, who has not taken on loan the stocks or has borrowed shares with a well contract, or does not remain faithful by repayment date, markets share short, he or she is joined in undesirable naked short selling group (Culp and Heaton, 2008:46-47). This type of sales is more relentless and has a number of severe consequences. For these reasons, a lot of developed and developing countries have banned naked short selling in recent years due to global economic crisis. The Risks It is important to realize that investors have to decide to make short selling in order to gain more money in the right place at the right time. It can be seen that the price of exchange has had highly variable throughout economic history. While a shares price increase or decrease today, nobody knows that it will continue to rise or drop tomorrow. Because stock quotes are influenced by a number of parameters when in view of their marketing price at exchange market such as politics or supply and demand balance. To this respect, investors who have borrowed shares can make a profit by means of short selling as they can loss. Should they would like to gain money for this way, they have to be more careful than other investors. As Elliott (2010) remarks, If you do decide to short, the two most important factors to remember is to focus on leaders breaking down and go short primarily at the beginning of market declines. It can be said that to decide falling the exchange market is the most significant part of short selling because it is based on this rule. As a matter of course, there are numerous investment trusts who have accomplished by following to overall analysis. However, there is not a considerable amount of unsuccessful business enterprises. A key argument for encouraging people to sell short barrowed securities in exchange markets is that short selling is a highly profitable process. If investors take professional help and make a further research about which shares will invest, they could earn profit highly likely. For this reason, brokerage firms try to exhort their customers in order to sell short. However, the number of people who make money in this way is much less common in societies except some examples. One of them is George Soros who is the most famous market player in the world and Soros owes a big part of his wealth to the short selling. According to Taulli Soros earned a fortune by means of short selling in sterling. In recent years, British Ce ntral Bank has expended 15 million dollars worth of foreign exchange reserve and increased the interest rate in order to notice to the overvaluation. Famous speculator George Soros has already had his position and has performed his plan with his 10 billion dollar borrowing. When the value of Sterling against the German Mark was declined, he has discharge a debt Sterling which was cheaper with the German Mark and he has realized a profit of $1 billion in a few days (Taulli, 2003:13-14). Although this example presents a good outcome for its investor, it does not alter the truth that short selling has a number of disadvantages. Nevertheless, it is clear that short selling includes a number of risks which could lead to money loses. Individuals are able to consider that the result of a short selling as fundamentally the adverse of a normal purchasing process; however, the duration of short selling has unique handicaps. For this reason, borrowers who are on the point of doing short sel ling need more attention and further investigation in order to accomplish, otherwise the result of short selling can be destructive for them. Not only borrowers but also lenders hang by a thread because of short selling. In order to insight short sellings risks both borrowers and lenders, these risks can be specified in order of priorities. There are two risks which are the handicap of debt reclaim and the handicap of prices move in opposite direction to the expectations for borrower. Borrowers have to find the most suitable lender for short selling since time is the most significant part of it. Because, debt reclaim pose a danger every time for borrowers. Reclaim risk is a kind of handicap of the share being reclaimed by the owner of shares before the debitor is disposed to pay off a debt, which takes place in roughly 2% of the borrowing in the example of a investigation (DAvolio, 2002:271-306). Because of the fact that short seller would like to have much more time in order to wait adequately and make maximum profit. For this reason, reclaim risk should be managed by borrowers working with owner of shares that is most probably willing to lend the shares for a long time (Fabozzi, 2004:14). Otherwise, if lenders would like to be paid back their shares untimely, short seller will be forced to collect not enough fallen or increased shares from stock market and this will also cause borrowers to lose money. Additionally, another risk of short selling is that although investors have an expectation which prices would fall, its price can rocket suddenly. Thus, short seller would lose a huge amount of money instead of making profit. Even investors deficiency can be infinitive owing to the fact that price of securities can increase to the last (Kern et al, 2010:1). On the other hand, a share is not able to decrease under zero, hence short sellers profit is finite. As Yuille (2009:7) points out, bottom line: you can lose more than you initially invest, but the best y ou can earn is a 100% gain if a company goes out of business and the stock loses its entire value. Thinking about all these things, it can be said that short selling is a kind of gamble which has catastrophic consequences. Because nobody knows exactly when shares price decrease or increase without elaborated research. These clearly demonstrate that short selling has a number of disadvantages for borrowers. In addition, short selling affects lenders in a negative way. The biggest problem faced by lenders is whether borrowers recall securities on time or not. Recall risk is the major risk which barrowers have difficulty refund shares that are taken to return to lenders for a short time. Should borrowers not pay back lenders securities, there are a number of problems between borrowers, lenders and brokerage firm. For instance, lender could want to sell him or her shares while another person has these shares. If he or she does not retrieve own shares on time, losing may become unavoi dable. As mentioned above, short selling is a type of gambling which no one knows consequences of it, hence these kind of events occur over and over again. Governments Opinions About Short Selling In the 2007-2009 financial crisis, most of stock composite index lost in value a considerable extent all around the world like other crisis. These declines are golden opportunity for short seller in order to make a profit by borrowing high, paying back low. Even, some people believe that one of the reasons of financial crisis is the short sellers effects on stock markets to make money hand over first. For this reason, a number of governments and economic communities prohibited short selling for stock exchange securities. Because, to earn exorbitant sums is possible during a time of crisis by means of short selling due to the fact that downward trend can be estimated easily. Not only crisis periods but also short sellers can gain huge amount of money with manipulative techniques in the usual case. Because of these reasons, governments and economic communities have negative thought about short selling since it leads to unlawful profit both crisis periods and normal periods. Most o f governments do not allow to short selling in a time of crisis because they think that short selling influences national economy negatively which leads to downtrend without cease. The most significant indicator of financial crisis is dramatic decrease of shares price in the stock market and this decline in the stock exchange spreads globally. On such an occasion, short sellers borrow a number of shares, which trades on the stock exchange started to fall, from lenders and they make a profit. For example, in 2008, in order to prevent dropping banks and financial firms share prices, the US Securities and Exchange Commission (SEC) banned short selling in the exchange market. According to Beber and Pagano (2010) the SECs move sparked worldwide herding by regulators. In the subsequent weeks and months, most stock exchange regulators around the globe issued bans or regulatory constraints on short selling. Thus, a number of investors did not make short suitable shares in order to make a pr ofit smoothly. Of course, short selling is a big opportunity for these circumstances and it is simple way to get money. However, countries economic situation would be influenced adversely when short selling becomes widespread. The most important question to be asked here is that should short selling be banned or not in such cases. On such an occasion, investors intents become significant since some of them have passion about making money. For that, investors who would like to make money via short selling could make manipulation to continue to dawnward trend especially for bank shares (Ralp, 2009). Stock exchange is suitable for manipulation since shareholders can give direction to the trend of bank shares. For this reason, in economic crisis even normal circumstances, gamesman who skilfully manipulated for their own interests could alter shares price. This also leads to unfair competition. In order to prevent these happening, German banned short selling not to disrupt the financial markets. From above discussion it can be said that governments should be banned short selling due to fact that there are further negative influences than its positive effects. Disappointing Examples A further reason why short selling has a number of bad results is that there has already been a lot of disappointing examples about it. In recent years, short selling has affected numerous people with direct or indirect ways. Some of investors who are short player have lost a huge amount of money by means of short selling and some of them also have incurred loses owing to short sellers negative effects on themselves. Even sometimes, there are some saddening consequences which resulted in death especially by making a decision without further researches. Thus, short selling influences people in negative ways which have catastrophic consequence despite it has a few advantageous about making money. The following examples show that short selling affects people in two ways: direct and indirect. Adolf Merckle who is the one of the richest people in Germany experienced short selling bad outcome tragically. Merckle transformed his company which inherited from his family a small pharmaceu tical firm into a giant employing 100,000 people, 120 companies and the value of 40 billion dollars and he was in 94-odd ranked in the Forbes 2008 rich list with a fortune of $9 billion (Connolly, 2009). However short selling with exorbitant sums became his end. According to Boyes, toward the end of 2008, he borrowed hundreds of millions of dollars Volkswagen shares and he sold them via short selling. However, when Porsche surprisingly announced their plan seized control of Volkswagen, VW shares in two sessions rocketed from 210 euro to the 1000-odd to the euro. Merckle could not pay his debts. Banks have compressed him and he was pressured to dispose of some companies. Then, near his villa, a 74-year-old billionaire had committed suicide by jumping bottom of the train (2009). What was the fault of Merckle. The most significant shortage in that situation was a lack of research. If Merckle had made further researches about short selling, he could have gained a lot of money and he cou ld not die. The most important thing for short selling is that investors get the right stocks at the right time and they should make a number of investigations about it. However, in some cases, short selling influenced people in indirect ways. On the one hand a few people make huge amount of money by means of short selling on the other hand a number of innocent people incur loss because of others. For instance, Goldman Sachs which is an investment bank and securities company led investors to lose money by selling securities short. According to Williams, Goldman Sachs using short selling made manipulation and Goldman raised expectations in the markets falling. Thus, Goldman made huge amount of money by repurchasing securities which was sold high price before from stock market (2010). Of course, this event caused to have a disappointment by other investors and they incur loss money because their securities price decreased dramatically. This event is definitely not a fair way of mak ing money since the decline in the market was Goldman. In order to prevent this kind of events, governments and investors should be extremely careful to avoid loosing money. Conclusion In conclusion, it can precisely be seen that short sellings negative effects on both investors and governments are more than positive influences in stock market. This essay has attempted to substantiate that although short selling has had some benefits in order to make a profit it is false to characterize as innocent due to the fact that it has a number of risks. There are a lot of people who have lost their wealth by means of short selling. For these reasons, this essay has demonstrated that it consist highly risk process and it led to a number of disappointing consequences for direct way or indirect way to its investors. In order to show these, some tragic examples was given for best understanding its risks. Indeed, despite some governments and financial institutions banned short selling in their stock market, it will still continue to be used as a method for obtaining money. To minimize the risks of short selling, investors should be more careful and they need further research t o reduce its negative effects. Additionally, short sellings rules in stock markets should be organized again by governments and finance markets. Thus, manipulative stock exchange operations could be reduced and investors would feel safer economically. Otherwise, short selling should be banned all around the word in order to for other investors do not lose money.
Monday, May 18, 2020
The Cask of Amontillado by Edagr Allan Poe - 933 Words
Trickery possesses large amounts of this story of a blue-blood fixated on revenge against his companion. The Cask of Amontillado by Edgar Allan Poe charms the onlooker to encounter the sodden catacombs to witness the planned demonstration. Through the fervor of the jubilee, the two walk together into the natural hollows to substantiate a container of wine. The subject is the point at which somebody is unable to disregard minor infractions, it can transform into profound scorn. The incongruity Poe skillfully included is overwhelming from the acquaintance of the characters with the bone chilling end. Being told in first individual by Montresor, Poe pushes the onlooker into a conceivable story, however the storyteller may not be dependable or trusted singularly as a result of his movements. The member approach by the storyteller plunges the spectator specifically into the story, viably making it all the more intriguing on the grounds that the onlooker feels just as they are in the story instead of understanding it. Montresor recounts the story to a probably grateful audience, somebody fit for savoring its numerous incongruities (Kishel). The story starts instantly , drawing the spectator into the incomparable franticness (4) of a Mardi Gras sort celebration in Italy. The character wears tight-fitting parti-striped dress (4) and a conelike top and ringers (4) on his head. They put shrouds on as they stroll to the vaults. In spite of the fact that no dates are said,Show MoreRelatedEdgar Allen Poe, My Hero And This Is Why1487 Words à |à 6 PagesEdagr Allen Poe is my hero and this is why. He has been an not so liked person when he was alive and even after death he still isnââ¬â¢t that liked. People only know him as the guy who wrote stories that were creepy. Some people think that he had a lot of problems. Some people thought that he had done drugs and alcohol. One of his qoutes were ââ¬Å"Men have called me mad; but the question is not yet settled, whether madness is or is not the loftiest intelligenceâ⬠- Edgar Allen Poe (Giordano). I never knew
Kill A Mockingbird By Harper Lee - 1665 Words
Children mature and grow up at different stages of their life for different reasons. The children may mature through tragic moments in their life or just through time passing. Jem and Scout are two characters in ââ¬Å"To Kill a Mockingbirdâ⬠that have matured throughout the whole novel. These two characters went through a crucial trial and had stereotyping, racism, loss and big learning moments. Jem and Scout were just like any other child but were in stages of maturing and growing up. Children including Jem and Scout mature through the influences of family, how they deal with loss and a rude awakening to the cruel unfair justice of the world. ââ¬Å"To Kill a Mockingbirdâ⬠connects with how children mature and grow up with their family because whatâ⬠¦show more contentâ⬠¦Iââ¬â¢ll not have you around him, picking up his habits and learning lord-knows-whatâ⬠¦Ã¢â¬ (Lee 301). These thoughts provided by Aunt Alexandra are negative and children like Jem and Scout for instance could think this is the right way to think and grow up the same way; stereotyping. In ââ¬Å"To Kill a Mockingbirdâ⬠Scout becomes more mature through the story while watching Jem grow-up as he realizes how cruel people can be. It takes an adult-like event, like the Tom Robinson trial to make a child realize how harsh life really can be. Scout looks up to Jem and every time he becomes upset, it gets Scout a little upset too. While the Tom Robinson case is occurring, Jem gets upset because he realizes that Tom is not being treated equally, knowing Tom should not have even been accused of raping Mayella Ewell. At the end of the tri al Scout is being very observant well listening to the verdict ââ¬Å"Guilty Guilty...I peeked at Jem his hands were white from gripping the balcony rail, and his shoulders jerked as if each guilty was a separate stab between themâ⬠(Lee 282). This quote represents how aggravated and upset Jem was and Scout responded to this observation by trying to mature like Jem. After the Tom Robinson trial, Jem realizes that the people in Maycomb are unfair, and more importantly racist. Once Jem begins acting more mature, Scout takes
Wednesday, May 6, 2020
The Renaissance Era Essay - 866 Words
During the Renaissance era, the main concept was that it put human life, security, and religion at the interior. Renaissance literally means ââ¬Å"rebirthâ⬠and it is a perfect visualization of what the renaissance was. The renaissance was a era of peace and prosperity which gave people a chance to be creative and passionate about their loves in life; whether it be painting or sculpting of theatre or music or any other thing in life. In the renaissance many inventions and discoveries were made. A few examples would be the exploring of continents, Ptolemaic astronomy, the decline of feudal system, paper, printing, the compass, and of course, the use of gunpowder. The renaissance began in the 1400ââ¬â¢s although some historians believe itâ⬠¦show more contentâ⬠¦Modern languages also must be distinct for trade and economy to be crisp, thus the use of the vernacular. This leads us to our next necessity, economic stability. This must be preserved for the safety of the people. All these things lead to one thing; peace, which is what the renaissance era was all about. Peace was the one thing that gave Europe a chance to prosper and advance. Each and every one of these aspects are needed before any revivification of humanity can exist. There were three poets in the Italian Renaissance. Their names were Petrarch, Dante, and Boccaccio. These poets had very different, yet quite similar opinions on the theory of genius. Dante believed genius stood alone in a uniform world and created what it wanted, when it wanted, how it wanted. Petrarch thought genius came with the past, and reaches into the oblivion of thought we call forgetting, and revives lost tradition. And Boccaccio believed Genius came with bliss, unaffected by death. In the beginning of the fourteenth century, Italy gained knowledge in science. Copernicus produced the heliocentric theory, and with that, he revolutionized astronomy. This of course, led to Galileo, which led to the war between science and religion. Near the end of the fourteenth century, however, Italy was lost to Spain. In 1494 King Charles VIII started to invade Italy. For over five hundred years France and Spain competed for the possession of the country.Show MoreRelatedRenaissance And The Renaissance Era915 Words à |à 4 Pages Renaissance The Renaissance era was a time of great change in music, art, literature, and science. The Renaissance, which lasted from the 1300 s to the 1600 s began in Italy and spread throughout other countries to England, France, Germany, the Netherlands and Spain. During this time, there was a great deal of agricultural economy and the church were dominate and transform society. The word Renaissance come from the Latin word meaning ââ¬Å"rebirth.â⬠During the Renaissance period manyRead MoreThe Renaissance Era1529 Words à |à 6 PagesThe Renaissance Era took place for a time period that lasted for approximately 150 years and during that time significant changes took place. These changes were with the Arts, Literature, Fashion, and ideals. ââ¬Å"The entire age can be subdivided into three phases: from 1350 to 1400 during which discovery of ancient texts and experimentation with new art forms took place; 1400 to 1500 typified by political stability in the Italian city-states and the creation of recognizable cultural; and 1500 to 1550Read MoreThe Renaissance Era915 Words à |à 4 PagesIn the wake of death, destruction, and war came the Renaissance. The Renaissance was an era of cultural rebirth that swept across Europe during the 14th to the 17th century . This era marked the time in which man returned to their classical learning and values of ancient Rome and Greece and began to change their attitude towards religion (Renaissance Art). While the Renaissance is in the past it continues to live on throughout many different fields of art, theories and movements. However, paintingsRead MoreThe Era Of The Renaissance Era1798 Words à |à 8 Pages The renaissance era came by its name quite easily as it literally means rebirth. This era was a transitional period from the intellectually dark middle ages and ushered in a new wave of thinking and explorations. During Da Vinci s life, the world experienced the fall of Constantinople to the Turks in 1453 and Chr istopher Columbus s voyage to the new world in 1492. England experienced its own civil war in 1455, Cairo fell to the Ottomans in 1517 and Martin Luther nailed his 95 theses to the churchRead MoreThe Era Of The Renaissance1693 Words à |à 7 PagesItaly can be looked at as the home of the renaissance and consequently the immergence of great art. Artists such as Michelangelo, Botticelli, Da Vinci, and Raphael are some of the greats and are looked at for standards. But what about the artists whose lives are mysteries, and their works that were influenced by the greats? These artists hold just as much importance in the history of art as do the artistââ¬â¢s whose names can be recalled off the top of an average personââ¬â¢s head. During the sixteenth centuryRead MoreThe Renaissance Era3878 Words à |à 16 Pages The Renaissance Era was a time known as rebirth. Though the renaissance era had many problems, the people during that time period had been able adjust. This era directed people toward the way of better living. It allowed them to further their knowledge and gather ideas. The English Renaissance changed the lives of the people who lived during darker times. This time period motivated many people born during this time to become greater things. During the English Renaissance, people began to study theRead MoreThe Rise Of The Renaissance Era1166 Words à |à 5 PagesClosely following the Middle Ages, the Renaissance era was a time from the fourteenth to the seventeenth century in Europe that brought a revival or ââ¬Å"rebirth.â⬠This rebirth came from an interest in ancient Greek and Roman education and principles. Europe was becoming more politically stable, new technological advances, like the printing press, were being created, new discoveries were being made, and the exploration of new lands/continents was urged. Philosophy, literature and especially art wereRead MoreThe Birth Of The Renaissance Era1093 Words à |à 5 PagesDuring the birth of the Renaissance era there were many prominent people to have come out of Florence. Some of the greatest poets, artists, orators, and statesmen to live were alive and flourishing during this time period and they all seem to share one common set of ideals that set them apart and distinguish them from others of this era. This set of common set of principles would come to be know as the ââ¬Å"universal manâ⬠. A man that was truly from the time and was all about patriotism and love for hisRead MoreThe Renaissance And Elizabethan Era1150 Words à |à 5 PagesThe Renaissance and Elizabethan era were vital times in the rebirth of the lost art form of Greek and Roman times: Acting/Playwriting. During the Elizabethan era, playhouses formed to fill the void. There was four main theaters during that time, but one shined brighter than the rest. That one was known as the Globe theater. As many others were built, the Globe Theater was built on the south bank of the River Thames. It was erected around 1599 and was created for Lord Chamberlinââ¬â¢s men, who boughtRead MoreHumanism And The Renaissance Era940 Words à |à 4 PagesQuestion #1 Humanism in the Renaissance Era was the notion that only the Human existence is what mattered. It rejected all aspects of the medieval era, a millennium, obsessed with all things Christian, God, and Faith driven. I partial agree with this statement; Humanism in the Renaissance Era was the notion that only the Human existence is what mattered. It rejected all aspects of the medieval era, a millennium, obsessed with all things Christian, God, and Faith driven. I believe the people
The Corruption of the American Dream in Fitzgeraldââ¬â¢s The...
Francis Scott Fitzgerald portrays the American Dream, originally a set of goals that included freedom, settlement, and an honest life with the possibility of upward social and economic mobility earned through hard work, as corrupted and debased by the egotistic materialism of the 1920s, an era which Fitzgerald characterizes chiefly by its greed and lavish hedonism, in his celebrated novel The Great Gatsby. Fitzgerald, in The Great Gatsby, seeks to discredit the supposed purity of the American Dream and belief that anyone can attain it through hard work. Instead, he argues that the dream is a mere delusion, altered so significantly from its original form that its pursuers aspire for and achieve nothing more than the hoarding of hollowâ⬠¦show more contentâ⬠¦Myrtleââ¬â¢s depraved lover and East Egger who comes from a long-established line of money, Tom Buchanan, also serves as a portrayal of the decaying American Dream in the face of growing immorality. To start, Tom has been cheating on his wife Daisy since their honeymoon, representing again the loose morals of the time. Additionally, Tom, the wealthiest character in this novel, arguably acts the most amorally and strays away, more than the other characters, from the true ideals of the American Dream. Instead, Tom projects the idea that one does not need hard work and honesty to gain entrance to the upper class nor to make a name for oneself. For example, Tom, so rich that he does not even know where his vast wealth originates, does not need to work, content with spending his money on polo horses, maintaining a ââ¬Å"lawn [that runs]â⬠¦ a quarter of a mile,â⬠and buying expensive white suits; the white indicates that he does no work that could possibly sully the suit (Fitzgerald 11). His house, described as an elegant estate with an ââ¬Å"Italian garden, a half-acre of deep pungent roses, [and]â⬠¦French windowsâ⬠¦ajar and gleaming white against the fresh grass outside,â⬠serves to further emphasize his extensive wealth (Fitzgerald 12). However, as the narrator Nick begins to converseShow MoreRelatedF. Scott Fitzgeraldââ¬â¢s The Great Gatsby - Corruption of the American Dream1488 Words à |à 6 PagesJay Gatsby is a man with a dream and will stop at nothing to attain it.à When he loses the love of his life to a wealthy, sophisticated and bigoted socialite, his mind is set.à Born a poor farm boy, he centers his life around achieving extraordinarily vast amounts of wealth and great social status.à The poor man never gets the girl; in fact, he never gets anything in Gatsbys eyes.à Gatsby is determined not only to be rich, but become the richest man who ever lived.à When he does become the richestRead MoreEssay on The Great Gatsby1404 Words à |à 6 Pagesprosperous decade of the 1920ââ¬â¢s, traditional American lifestyles and principles were interjected by the new superficial and materialistic beliefs closely associated with ââ¬Å"The Roaring Twenties.â⬠Undoubtedly, the 1920ââ¬â¢s were a decade of change. Deteriorating moralities and optimistic beliefs of overnight wealth replaced strict traditional views on religion, family structure, and work ethics. In an era of such high optimism, the pioneering spirit of the American Dream was revitalized. The nouveaux richesRead More Great Gatsby: Fitzgeralds Criticism Of The American Dream Essay501 Words à |à 3 Pages Great Gatsby: Fitzgeralds Criticism of The American Dream The American Dream, as it arose in the Colonial period and developed in the nineteenth century, was based on the assumption that each person, no matter what his origins, could succeed in life on the sole basis of his or her own skill and effort. The dream was embodied in the ideal of the self-made man, just as it was embodied in Fitzgeralds own family by his grandfather, P. F. McQuillan. Fitzgeralds novel takes its place among other novelsRead MoreThe Great Gatsby By F. Scott Fitzgerald1472 Words à |à 6 Pagesnoble to suffer. In The Great Gatsby, F. Scott Fitzgerald comments on this concept with the characters Tom and Gatsby. By comparing and contrasting Tom and Gatsby in The Great Gatsby, Fitzgerald develops his critique of the class structure of 1920s America that allows corrupt characters to thrive while punishing sympathetic characters for striving for their dreams. Fitzgerald contrasts Tomââ¬â¢s and Gatsbyââ¬â¢s old and new money statuses to display the corruption of the American Dream that sustains societyââ¬â¢sRead MoreThe Great Gatsby By F. Scott Fitzgerald1646 Words à |à 7 Pages1920s witnessed the death of the American Dream, a message immortalized in F. Scott Fitzgeraldââ¬â¢s The Great Gatsby. Initially, the American Dream represented the outcome of American ideals, that everyone has the freedom and opportunity to achieve their dreams provided they perform honest hard work. During the 1920s, the United States experienced massive economic prosperity making the American Dream seem alive and strong. However, in Fitzgeraldââ¬â¢s eyes, the new American culture build around that massiveRead MoreAmerican Dream In The Great Gatsby Essay1183 Words à |à 5 PagesFitzgeraldââ¬â¢s America is an accurate depiction to 1920s American Dream *HANDS OUT ANSWERS TO THE QUIZ BEFORE STARTING SEMINAR *TURNS ON POWERPOINT TO THE TITLE Now everyone I want you to close your eyes and imagine what you think living in the 1920s would be like. *GOES ONTO THE NEXT SLIDE TO THE SOCIETY IN THE 1920s Now everyone open your eyes. What do you see here? *POINTS TO PICTURE LIVING IN THE ACTUAL 1920S. Now what do you see here? *NEXT SLIDE. *POINTS TO PICTURE LIVING IN THE AMERICANRead MoreThe American Dream ( The Great Gatsby )1173 Words à |à 5 PagesSLIDE. *POINTS TO PICTURE LIVING IN THE AMERICAN DREAM (THE GREAT GATSBY). Did anyone notice anything that caused a change in society between these two pictures? *POINTS TO SOMEONE WITH ONE OF THE ANSWERS TO THE QUIZ/QUESTION. READS OUT THE RAPID ECONOMIC BOOMING AND GREED. *NEXT SLIDE. Thatââ¬â¢s correct! During the 1920s of the Jazz Age in concurrence with the ââ¬Å"Roaring Twentiesâ⬠, America had experienced a rapid economic booming after World War I. The American society experienced an economic and politicalRead More Destruction and Failure of a Generation in Fitzgeraldââ¬â¢s The Great Gatsby1413 Words à |à 6 PagesThe Great Gatsby and the Destruction of a Generation à à à The beauty and splendor of Gatsbys parties masks the decay and corruption that lay at the heart of the Roaring Twenties. The society of the Jazz Age, as observed by Fitzgerald, is morally bankrupt, and thus continually plagued by a crisis of character. Jay Gatsby, though he struggles to be a part of this world, remains unalterably an outsider. His life is a grand irony, in that it is a caricature of Twenties-style ostentation: his closetRead More1) How Does Gatsby Represent the American Dream? and What Does the Novel Have to Say About the Condition of the Amrican Dream in 1920s?1116 Words à |à 5 PagesAlthough The Great Gatsby is filled with multiple themes such as love, money, order, reality, illusion and immorality, no one would probably deny that the predominate one focuses on the American Dream and the downfall of those who attempt to reach its illusionary goals. The attempt to capture the American Dream is the central of this novel. This can be explained by how Gatsb y came to get his fortune. By studying the process of how Gatsby tried to achieve his own so-called American Dream, we could haveRead More1) How Does Gatsby Represent the American Dream? and What Does the Novel Have to Say About the Condition of the Amrican Dream in 1920s?1110 Words à |à 5 PagesAlthough The Great Gatsby is filled with multiple themes such as love, money, order, reality, illusion and immorality, no one would probably deny that the predominate one focuses on the American Dream and the downfall of those who attempt to reach its illusionary goals. The attempt to capture the American Dream is the central of this novel. This can be explained by how Gatsby came to get his fortune. By studying the process of how Gatsby tried to achieve his own so-called American Dream, we could have
The Greatest Gift of All free essay sample
Tennis is my sport. Ever since the 7th grade, I had always said ââ¬Å"tennisâ⬠when asked what my favorite hobbies are or what sports I enjoyed playing. By the time I was a sophomore in high school, the word ââ¬Å"tennisâ⬠was so worn out and overused, I knew I wanted to let myself experience something new. Soon, the spring came and track and field season started. My best friend at the time was a shot-put and discus thrower on the team and begged me to try it. I convinced myself that my muscle-deprived body and rail-thin arms were completely able to throw an 8 pound rock 25 feet across a sandy pit. I could barely manage to throw it over 10. One day while I was waiting for my friend to finish her sprinting workout, the sprinting coach approached me and blatantly asked me why I would choose throwing over sprinting when I had the perfect build to run? I nervously stammered, ââ¬Å"Uh, I donââ¬â¢t know?â⬠He smiled and asked me to join them during practice tomorrow. We will write a custom essay sample on The Greatest Gift of All or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Just to try it out. No pressure. Immediately my mind said, ââ¬Å"Absolutely not! You can hardly run a mile!â⬠but I ended up agreeing. After all, the point of this WAS to try new things, right? We were halfway through the season by the time I started and most of my other teammates were already accustomed to the practices whereas this was my first time officially running. By the third day of practice every muscle in my body felt as if it were on fire and even better, my first meet as a sprinter was the next day. Over and over again I screamed at myself, ââ¬Å"What were you thinking?! What have you gotten yourself into?â⬠but I never once thought about quitting. Today was the day that I had to actually race ââ¬â and in front of people too! I counted down the minutes before the dreaded 200 meter sprint: 10 minutes left before my race; Iââ¬â¢m finishing up my warm ups and nervously smiling at my friends who bracingly wish me good luck. 5 minutes before my race; my coach is giving me last minute advice while I blankly stare- my body and mind are already paralyzed with fear. One minute before my race; my heart beats as if there is a gun pointed at my head and I jokingly whisper to my teammate next to me, ââ¬Å"If I win this race, I will buy you a new carâ⬠. Then suddenly ââ¬Å"BANG!â⬠the gun goes off and so do we. I have ridden on planes many times before, but this was the first time I have ever felt as if I were flying. Adrenaline rushed through me like a waterfall and within 15 seconds it was all over. Everything was still such a blur and I could feel my body shaking as my best friend rushed over and hugs me. ââ¬Å"You won, Jenny! You won!â⬠I still vividly remember the feeling I had after winning my first race- the extraordinary feeling of accomplishing something I never knew I could. This has always gave me the strength to keep going even when I wanted nothing more than to throw in the towel, whether it was during sports, school, or work. I didnââ¬â¢t become a track star or break any records but I did give myself the greatest gift- the mindset that I truly can do anything I want to do.
Sex Education in Schools The Argument Continues Essay Example For Students
Sex Education in Schools The Argument Continues Essay Kali Thompson Audience Analysis: I am writing to the seven chairmen of the Manatee County School Board. They are a made up of a group of five men and two women. They are most likely all parents who have a common concern on the material being taught on the issue of Sex Education in schools. Fellow parents vote on them to insure that they make the correct decisions on what their kids are learning in school. They are all from some form of the Christian religion. They are from ages 30 and older. They represent all races. They all have a college degree and the majority of them have doctorate degree in education. They are mainly from the upper economic levels in society. The chairmen are very dedicated to their jobs and take a great deal of consideration when voting on school board codes/regulations. Therefore, they are willing to hear both sides of an issue that is to be voted on due to its importance. Sex Education In Schools: The Argument Continues Sex education in schools has been a long debated subject among parents, teachers, government officials and students. The need for sex education has increased due the higher numbers of teen pregnancy and STD cases among school age kids. The pregnancy rate has more than double and teens have the highest rate of STD cases among all of the age groups (DeCarlo 1). The major questions are the type of material that should be discussed and whether the programs are actually helping the problem or adding to it. There are a lot of other questions that branch off from the major ones also. Since sex education has already been around for decades, it is very necessary for us to determine the effects of the educational programs over the years. This will help us to verify the quality of lessons being taught in the classes. The need for sex education is very questionable in todays society. An article by Pamela DeCarlo, from the Centre for AIDS Prevention Studies, discusses why sex education is needed in schools. She asks why education on this subject is needed and if will help or hurt todays children. Her view of the issue is that kids do need to have education to help to protect them but that it isnt enough to prevent them from receiving STDs and becoming pregnant. Knowledge alone is not enough to change behaviors. DeCarlo also says that, Programs that rely mainly on conveying information about sex or moral precepts-how the bodys sexual system functions, what teens should and shouldnt do-have failed. However, programs that focus on helping teenagers to change their behavior-using role playing, games, and exercises that strengthen social skills-have shown signs of success. On the other hand some believe that sex education is necessary but that it should be taught using only terms and definitions (Hedgepeth 1). Some fear that it means teaching them how to have sex if it is not taught using on vocabulary (Hedgepeth 7). I think that because of the importance of sex education people are more likely to stress over the issues about it. Parents want to be sure that what is being taught is appropriate and meaningful to the students. That brings me to the next major question asked about sex education: what type of material should be covered and who decides what is right and what is wrong. It is very obvious that 30 or even 40 years ago, there was a different opinion on what should be taught to the children of that age and of generations to come (Pruit, Song 1). With the ever changing statistics in teen pregnancy and higher rates of STDs among children, the topic is brought up that more should be taught on prevention rather than on what is right or wrong, more or less the values being taught. The most crucial part of sex education is good and effective communication. We all know that when it comes to talking about sex education teachers and students become very anxious and embarrassed (Whitehead 13). In todays schools some of the subjects discussed are reproduction, abuse, gender identity, anatomy, relationship skills, building social .
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