HISTORY OF AMERICAN CAPITALISM Assignment Example | Topics and Well Written Essays - 250 words

HISTORY OF AMERICAN CAPITALISM - Assignment Example Because of the American culture; our teaching methods and the fact, the winner holds the reins few if any one realizes that the South is still under reconstruction; is still at war and still at the mercy of the North. A very famous Southerner before he died said, â€Å"Surrender means the history of this heroic struggle will be written by the enemy that our youths will be taught by Northern School teachers learn from Northern school books THEIR version of the war†. 3. What was the background to the creation of the 2nd Bank of the United States? What was the main responsibility of the bank? What role did Nicolas Biddle play? What were his main policies? What was Andrew Jackson’s policy concerning the bank? In the early 1800s, the United States government did not print paper money but instead minted gold and silver coins called specie. The value of these coins was determined by the value of the metal in the coins themselves. People wanted a safe place to keep their savings of gold and silver coins, so they stored them in banks, which had strong vaults and other measures of security. One area of particular concern among bankers, businessmen, and government leaders was banking on the frontier. Frontier land was cheap, and speculators would buy large tracts expecting the price to go up as settlers entered the region. In order to finance their investments, speculators borrowed as much as they could from â€Å"wildcat† bank that sprang up to cater to this demand (Mansel and Kerr, 17-26). Jackson’s presidential term ended in 1836. Popular with the people to the end, his immediate economic legacy was fiscal instability for the country, which resulted in the Panic of 1837 during his successor, Martin Van Buren’s, presidency. His unshakable opinion remained, however, that over the long term an immensely powerful national bank held in private hands was a danger to democracy. Revenue Tariff for revenue pays interest on debts and funds within the government while

Retailing story Essay Example | Topics and Well Written Essays - 1000 words

Retailing story - Essay Example Often, he could split the food and the couple became so discontent with his living conditions (Keding 33). This made the couple to buy a wooden bowl, which they used to serve the old man food. One day when the couple was just sitting, their little son began to gather some wood in the ground. When his father asked what he was doing, the son responded that he was creating a wooden bowl for his parents to use in the future. Immediately, the couple began to cry and were ashamed that they were treating their father so cruelly, and from that day they decided to treat their father right. The plot details The main characters of the story are the old man, his son and wife, and grandson. At the beginning of the story, the author uses these characters to communicate his intended message to his audience. Basically, the elderly character portrays the qualities of the disability and lack of power to perform his daily duties and responsibilities. The son and his wife are arrogant and disrespect the ir father. However, their grandson honour the experience of the older generation and this explains why he is making a wooden bucket for their parents to use when he grows up. The mentioned characters create a strong ground for readers to understand the things that elderly people go through. They are often discriminated and disrespected by the younger generation. This story is important to our culture in that, it teaches parents on how to bring up their children in an upright way. This is because children are likely to imitate their parents’ conducts. This story is significant since it helps parents to understand that if they disrespect their elderly parents, their children are more likely to treat them meanly when they become old. The story continues to be told because it addresses a major concern in the society. The story is a wake up call for parents to correct their actions so that children begin to emulate true role models. This story is often narrated to create insights on why parents should cherish being role models to their children. This story means a lot to me in that it helps me articulate the importance of respecting the elderly. It reminds me of how the elderly are subject to discrimination from the younger generation. Further, this story shows the benefits of respecting the elderly as, preserving respect for personal and future generations. Various theories have been advanced by different theorists such as Maria Montessori, Jean Piaget, and Lev Vygotsky (Calvert and Barbara, 22). Although their theories differ greatly, these theorists have a similar concept of learning and children development. They believe that learning and development occur when children interact with the people around them and the environment (Pinter 28). The theorists affirm that young children are active learners and they tend to imitate those around them. SECTION TWO Retelling the story Once upon time, they lived a very old man in a small who lived in disability, His eyes had become dim, his knees trembled, and his ears were dull of hearing. His life was difficult in that he could hardly hold a spoon when eating and often he could split the food on the table. His son and his wife were disgusted at his father’s conduct and they served him food in the earthenware bowl. The poor man underwent a lot because of his age and his inability to perform chore duties. One day, his trembling hands could not hold