Sunday, December 8, 2019
How should parents bring up their children in morally decading time free essay sample
Definition and Obligation of Family As an individual, one may be at one and the same time a mother, a grandmother, a wife, a sister, a daughter, an aunt or a niece. Similarly, if one is a male, one may be at one and the same time a father, a grandfather, a husband, a brother, a son, an uncle or a nephew. This fact is all too obvious to everyone here. But there are many social systems in our time which care very little whether one is a wife or a husband, a mother or a father, etc. For example, in theà freeà and liberal societies, where the individual is regarded as the basic unit of society, one has the freedom to do what one wants, when one wants, because one is consideredà free to live oneââ¬â¢s own life. A woman, for example, may choose to live with one or more men or even women; and a man may be a father, and not know it, and his child or children may not know who their father is. We will write a custom essay sample on How should parents bring up their children in morally decading time or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page On the other hand, there are social systems where the individual counts for little, and the commune or the state takes full control. In these circumstances, the nurturing of the children becomes a social industry; health care, education and all other needs are public business; and so being a parent under this system carries few, if any, responsibilities. Maybe, there is much to gain from material comfort, but the love and warmth are missing from the equation. The human being is devalued and natural bonds and needs are stifled or destroyed. The basic unit of society cannot be the individual or the commune. Both these systems are unworkable and produce much personal stress and distress for everyone, especially the women and children. They also tend to produce societyââ¬â¢s disorders in the form of crime and delinquency. In Islam, on the other hand, one is not allowed to be just an individual, who is free to do whatever one wants, whenever one wants. Any system which attempts to make the individual the basic unit of society and gives him total freedom, does not take into account natural bonds and natural needs. The Holy Quran says: And We have enjoined on man the doing of good to his parents. His mother bears him with trouble and brings him forth in pain. And the bearing of him and the weaning of him is thirty months. Till when he attains his maturity and reaches forty years, he says; My Lord, grant me that I may give thanks for Thy favour, which Thou hast bestowed on me, and on my parents, and that I may do good which pleases Thee; and be good to me in respect of my offspring. Truly I turn to Thee, and truly I am of those who submità (46:15). The most natural unit of society is the family. Many are the laws of Islam which are geared towards preserving the institution of the family and the web of relationships within the family. Because, if one wants to preserve the family, and the identity and proper upbringing of the children are to be safeguarded, then adultery and fornication must be severely punished. And go not near to fornication, surely it is an obscenity and evil is the wayà (17:32). In Islam, there are three factors which keep the family together: 1. Kinship or blood ties Marital commitments 3. Faith (Din) Kinship or blood relationships are the strongest natural ties. There is no substitute for a motherââ¬â¢s love for her child, and in return, a childââ¬â¢s devotion and gratitude to loving and caring parents. It is precisely because of the importance and strength of these relationships that the Holy Prophet Muhammad (Pbuh) said: He isà notà of me who severs or breaks the ties of kinship. He also went on to say: No sin is more swiftly punished than oppression, and the breaking of family ties. Marital commitments also keep the family together, for Islam recognises no more wholesome framework for sexual relations and the fostering and nurturing of children than in a lawful marriage. Private consent to sexual intimacy, common-law associations or living together, and trial marriages or temporary unions, do not constitute a family in the Islamic sense. Faith is the third factor in maintaining strong family ties; that is, full commitment to Islam. If all members of a family are Muslims, there is more likely to be greater harmony, and common interest and good, than if family members go their separate ways, and have different faiths. In some cases, faith supersedes marital commitment and kinship. A person is required to love and treat his parents with the utmost respect and consideration, even if they are not Muslims. But he is not required to obey those parents if they ask him to disobey the laws of God or not to believe in the One True God (Allah). In fact, one can find oneself combating oneââ¬â¢s own parents or children if they strongly seek to oppose or even undermine Islam and the interest of Muslims. There are many well-known examples of this in Islamic history. The Prophet Noah was unable to save his disobedient son at the time of the flood; there is the case of the Prophet Abraham and his idolatrous father; the Prophet Lot and his immoral wife; and in the time of the Holy Prophet Muhammad (Pbuh), the story of many of his Companions (rta) who were pitted against a father, a mother, or even a son. And We have enjoined on man goodness to his parents. But if they contend with thee to associate others with Me, of which you have no knowledge, obey them not. To Me is your return, so I will inform you of what you didà (29:8). The Islamic family is extended to include grandparents, grandchildren, uncles, aunts, and their progeny. These relationships are cemented by laws such as the law of dependence and the law of inheritance. By preserving the extended family, the natural and continuous link between generations is preserved, and the new generations learn about their culture and habits and the religion of Islam and its values with much more comfort and ease. There is the likelihood of greater warmth and richness in a caring and sharing atmosphere, when members of the household act as companions and playmates to one another; thus it should be much easier to deal with many of the problems that life has to offer. Loneliness, egotism and individualism are thus banished. The extended family also functions in different ways. Mothers can attend to duties outside the home, others can get on better with their vocational goals, whilst the children can be looked after by their grandparents. This mutual help can achieve beauty and harmony in the household. But, of course, this is not always possible because of individual weaknesses and pettiness and some unnatural behaviour. Parents have the obligation to cherish and sustain their children, as well as to educate and train them. Even before a child is conceived, parental responsibilities begin. When a couple intend to marry and have children, their choice of each other may depend on wealth, or beauty, or lineage or evenà taqwa. The last choice of quality is the most important, says the Holy Prophet Muhammad (Pbuh). Parentsââ¬â¢ responsibilities therefore begin with the wholesome beliefs, attitudes and good conduct of each partner in a marriage. A couple in their most intimate moments are advised by the Holy Prophet (Pbuh) to pray for offspring who are noble and righteous. Before and after conception, the mother in particular should ensure that her lifestyle is an Islamic one. Her physical state could affect the unborn foetus. She should ensure that no harmful drugs are taken and of course as a Muslim, she should abstain from drinking alcohol, smoking and taking hard drugs such as cocaine. In brief, she should provide a suitable, stable and welcoming environment for her childââ¬â¢s first home. When the child is born, the motherââ¬â¢s role is of great importance, for she faces one of the most challenging responsibilities in life, particularly when the child is under the age of two years. For this is the time, according to the Quran, when the child is weaned, and when the mother has to give comfort and education. Pay no attention to those who insist that society must look after all children, who seek to abolish the family structure, and take all women into the field of public activity in the name of the liberation of women. Here is a quotation from a book entitledà Islam between East and West, by Alija Ali Izethgovic, a Yogoslav writer: Modern civilisation has disgraced motherhood in particular. It has preferred the calling of a salesgirl, model, teacher of other peopleââ¬â¢s children, secretary, cleaning woman and so on, to that of a mother. It has proclaimed motherhood to be slavery and promised to free woman from it. They remind us of artificial births and artificial deaths. Both are opposed to the family and are the result of the changed role of woman in human life. Their common feature is the elimination of parental relationships; in a nursery, children are without parents; in homes for the aged, parents are without children. Of course, a father too has a great share in the process ofà tarbiyyat[upbringing] of the child. Tarbiyyatà implies a certain sensitivity towards the child under his care, the emotional and physical needs and capacities of the child. It implies the ability to inspire confidence. It implies the courage to allow and promote creativity and innovation. It also means to trust and not to stifle, to be firm when needed and even to impose sanctions when necessary. The primary responsibility for this process ofà tarbiyyatà rests with both parents. The crucial role of both parents in the formative years of the childââ¬â¢s education and development is emphasised by the Holy Prophet Muhammad (Pbuh) when he says: Every child is born in the natural state of goodness. It is his parents who make him a Jew, a Christian or a Magian. In the complex web of relationships fostered by Islam, not only parents, but grandparents, uncles and aunts, sisters and brothers, teachers and neighbours, all have an important role in the nurturing of the new generations. As a grandparent, through experiences gained in life, one can derive from and provide great enjoyment to children, while giving much needed relief to parents under stress. On this point, one has a good example of the Holy Prophet in his care of his daughter, Fatimah, and his love and affection for Hassan and Hussain, his two grandchildren: A man named Al-Aqra ibn Habis paid a visit to the Holy Prophet Muhammad (Pbuh) and was surprised to see him playing with and kissing his two grandsons, Hassan and Hussain. Al-Aqra asked the Prophet: ââ¬ËDo you kiss your children? He then related that he had ten children and had never kissed even one of them. The Holy Prophet replied: ââ¬ËThat shows you have no mercy and tenderness at all. Those who do not show mercy to others will not have Godââ¬â¢s mercy shown on themââ¬â¢ Bukhari (Ch. 8). It is very sad that many children are denied the benefits of not having a grandparent to cherish and dote on them. The trend towards nuclear families is a trend for the impoverishment of children. Allah says in the Holy Quran: And thy Lord has decreed that you serve none but Him, and do good to parents. If either or both of them reach old age with you, say notà Fieà to them, nor chide them and speak to them a generous wordà (17:23). While parents are naturally loving and kind to children, children often disobey and disregard their parents. If is for this reason, and because of the enormous debt that children owe to their parents, that the Quran has made it compulsory on the child to treat his parents with total goodness and mercy. However, on the other hand, it has not placed a similar obligation on parents. It is thus a compulsory duty on every adult Muslim to show goodness and mercy and act righteously to his parents throughout their lives. This even applies to those parents who are not Muslims. Excluded are parents who promoteà shirkà or ask children to associate anything with Allah; or ask them to commit any act which involves the disobedience of Allah and His laws. Only in such cases must children disobey their parents. The duty of a child, however old, to parents is to show love and gratitude to them; to speak to them with kindness, to strive to please them and make them happy, and to look after their needs when they become old and cannot look after themselves. One of the benefits of being good and kind to parents is thatà goodness and kindness are passed on from one generation to the next. For the Holy Prophet said: Be kind and good to your parents and your children will be kind and good to you. A person should be kind to his mother in particular, and show gratitude to her for all the agonies she experienced, and for nurturing him till he can cope on his own. This is why the Holy Prophet (pbuh) said: Paradis e lies at the feet of mothers. Aà hadithby Abu Dawood says: Someone asked the Holy Prophet to whom he should show kindness. The prophet replied, ââ¬ËYour mother. ââ¬â¢ The man asked who came next, and the Prophet replied again, ââ¬ËYour mother. Again, the question was asked and the same reply was given. He again asked who came next and then the reply was, ââ¬ËYour father, then your relatives in order of relationship. ââ¬â¢ We have seen how the family in Islam is welded together by ties of kinship. It is also held together and extended by marital ties and permitted relationships, but over and above this, is the enrichment of family life by positive attitudes through Islamic values and practices. The Islamic values of faith, love, compassion, cleanliness and beauty all need to be nurtured in the home. Briefly, the ideal Muslim home would need to be: 1. Simple and not ostentatious, for the Holy Prophet said: Eat, drink, giveà sadaqahà (charity) and wear good clothes as long as these things do not involve excess and arrogance. 2. Clean, for the Noble Prophet said: Cleanliness is part of faith. 3. Free from statues or revolting pieces of art, for the Holy Prophet said, God is beautiful and loves beauty. 4. A place where there are the basic necessities of food and clothing; where meals are eaten together, and where there is hospitality and generosity.
Sunday, December 1, 2019
Quantitative Methods and Analysis
Abstract This research report discusses about the impact of age, department, tenure, gender and position on the samples drawn. The gender disparity and its impact on the job satisfaction, how male and female get satisfied with their job. This particular issue was deemed relevant due to its depth and impact on virtually all aspects of an organization.Advertising We will write a custom essay sample on Quantitative Methods and Analysis specifically for you for only $16.05 $11/page Learn More Introduction A survey was conducted to determine the influence of gender, position, age, department and tenure on job satisfaction. The survey consisted of similar questions on job satisfaction with response options. The participant answered by selecting a value on a seven-point scale. The answers are marked and merged, through a excel, into a personality profile which represents how strongly each of the basic desires features. This was handled anonymously. The results are presented in an easy to use graphics along with a comprehensive assessment report. The scales were formed by adding the values of the individual questions of the scales by giving equal weight to each question. All categorical items on workload and strain were transformed on a value range from 1 (least satisfied) to 7 (most satisfied). In this case, the questions had seven response options with value of 1, 2, 3, 4, 5, 6 and 7. The scale value is computed as the simple average. Answer refusals or participants that answered less than half of the questions are considered missing. For the participants that answered at least half, the scale value was computed as the average of the answered questions. Chosen Variables The variables chosen were gender for qualitative variable and Extrinsic for your quantitative variable. Difference in variable types A qualitative variable sometimes-called predictor variable. It is varied and manipulated by a researcher. It is referred to as presumed cau se of an event.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It determines the value of other variables. It is manipulated to create an effect on other variable (Bhattacharya and Johnson, 1997).). Quantitative variables are the variables, which a researcher/experimenter measures after altering other variables which affect quantitative variable (Wierenga Bruggen, 1998). This case is sufficient to understand the significance of both the quantitative and qualitative variables in a quantitative research methodology. The values of qualitative variables are derived from quantitative variables which can be altered further by variation the values of quantitative variables(Healy, 2009). Qualitative variable is considered as presumed cause of an event where as a quantitative variable is considered as the presumed effect of an event. The major difference between an qualitative and a quantitative v ariable is that quantitative values of qualitative variable can be altered by changing the values of the qualitative variable. It means that the values of qualitative variable are constant while those of quantitative variables are prior to changes (Babbie, 2009). Descriptive statistics: Qualitative variable Gender Mean 1.361111111 Standard Error 0.057003815 Median 1 Mode 1 Standard Deviation 0.483693406 Sample Variance 0.233959311 Kurtosis -1.699079748 Skewness 0.590692951 Range 1 Minimum 1 Maximum 2 Sum 98 Count 72 Frequency Percent Valid Percent Cumulative Percent Valid 1.00 46 63.9 63.9 63.9 2.00 26 36.1 36.1 100.0 Total 72 100.0 100.0 Explanation of descriptive statistics From the table above, it could be suggested that the standard deviations are close to the mean value of the variable. The reason for using gender is that on two options either 1 of two. The standard deviations are 0.4837 on either side of the mean. Furthermor e, by observing the values of the variable collected 72 participants it could be concluded that the data is normally distributed as majority of the values lie within two standard deviations of the mean value. This is further proved by comparing the mean, median and mode values obtained in the table. The mode and mode are 1. Descriptive statistics: Quantitative variableAdvertising We will write a custom essay sample on Quantitative Methods and Analysis specifically for you for only $16.05 $11/page Learn More Extrinsic Mean 5.447222222 Standard Error 0.050659663 Median 5.6 Mode 5.7 Standard Deviation 0.429861498 Sample Variance 0.184780908 Kurtosis 1.424527887 Skewness -0.910864474 Range 2.2 Minimum 4.6 Maximum 6.8 Sum 392.2 Count 72 Frequency Percent Valid Percent Cumulative Percent Valid 4.60 13 18.1 18.1 18.1 5.50 14 19.4 19.4 37.5 5.60 22 30.6 30.6 68.1 5.70 22 30.6 30.6 98.6 6.80 1 1.4 1.4 100.0 Total 72 100.0 100.0 Explanation of descriptive statistics Table above showed that statistical data derived using the excel program. Based on the statistical data, the mean was 5.45 with a standard deviation value of 0.4299. From this table, it could be inferred that mean, median and mode values are very close to each other, which is supportive of the normal distribution of data. The table presents an approximate normal distribution and showed homogeneity of variance. If these amounts were arranged on a graph, the frequency distribution would reflect the process variability. The values would be clustered close to the process average, but some of the values would vary somewhat from the mean. They too would have a distribution of values. Chart/Graph for qualitative variable Description of Chart Looking at the gender of the respondents it indicates that 26 were females and 46 were males this represents 36% and 64% of females and males respectively. Chart/Graph for quantitative variable Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Description of Chart The chart shows that 5.6 and 5.7 scales had 22 respondents each while 4.6 and 5.5 had 14 and 13 respectively, only one had 6.8 score. Explanation of standard deviation and variance Standard deviation is the variations from the mean while variance square of the standard deviations. The standard deviation shows that the data has a greatest deviation from the mean. What it means that the mean is widely dispersed thatââ¬â¢s why it has a larger standard deviation. This reflects the averaging that occurs in computing the sample means: high and low values in samples tend to offset each other, resulting in less variability among sample means than among individualsââ¬â¢ values. Note that both distributions have the same mean; the mean of the sampling distribution is exactly equal to the mean of the process. Finally, note that the sampling distribution is normal distribution, even if the process distribution isnââ¬â¢t normal. The central limit theorem provides th e basis for the assumption that the sampling distribution will be normal or at least approximately normal, even if the population is not. The normal distribution can be used to help judge whether a process is performing adequately. If the output reflects only random variability, one would conclude that the process is stable. However, if there were evidence of nonrandom variability, one would conclude that the process is unstable. Importance of charts and graphs In a charts and graph shows how the variable are distributed. They are pictorial representation of the results of the company. The finding through the diagram is further reinforced by the value of the tables between the variables under consideration. Conclusion From the results analysis above, it can be concluded most people interviewed are satisfied. The present study also dissuades any conception about the differences between male and female in job satisfaction. The study treats both genders at par. However, there are tradi tional arguments suggesting that males tend to be more aggressive and dominating, and demanding as well as have stakes in major decision-making processes. Whereas, females behave in a submissive manner and do not have bargaining power comparing to male counterparts. These are not considered and invalidated as out of scope for this particular study. References Babbie, E. R. (2009). The basics of Social Research. Belmont, CA: Cengage Learning. Bhattacharya, G., Johnson, R. (1997). Statistical Concepts and Methods. New York: John Wley Sons. Healy, J. F. (2009). Statics: A Tool for Social Research. Belmont, CA: Cengage Learning. Wierenga, B., Bruggen, G. V. (1998). The Dependent Variable In Research Into Effects of Creativity Support System: Quality and Quantity of Ideas. M I S Quarterly , 81-87. This essay on Quantitative Methods and Analysis was written and submitted by user Charlie Wolfe to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Tuesday, November 26, 2019
How to Make Distilled Water
How to Make Distilled Water Distilled water is purified water produced by condensing steam or water vapor from impure water, such as well water, seawater, tap water, snow, streams, or even plants or damp rock. You can distill water to further purify the water you have, to make drinking water for emergencies, or to obtain water while on camping trips. There are several methods for making distilled water, so you can save yourself some money and distill it yourself rather than buying it at the store. Which of several methods to use to distill water depends on the resources you have available and whether you are distilling impure water or have to get water from the air or plants. Distill Water on Your Stove, Grill or Campfire You can make distilled water over a stove, grill, or campfire quite easily. You need a large container of water, a smaller collection container that either floats in the first container or can be propped up above the water level, a rounded or pointed lid that fits the big containerà (turned upside down so that when the steam condenses, the water drips into your smaller container), and some ice. Here is a recommended material list: 5-gallon stainless steel or aluminum potRounded lid for the potGlass or metal bowl that floats inside the potIce cubesHot pads Fill the large pot partly full of water.Set the collection bowl in the pot. The plan is to collect water dripping from the center of the inverted pan lid, so choose the size of the bowl to make sure the distilled water wont just drip back into the main pot.Set the pot lid upside down on the pot. When you heat the water, water vapor will rise up to the lid, condense into droplets, and fall into your bowl.Turn on the heat for the pan. The water needs to get very hot, but its OK if it doesnt boil.Put ice cubes on top of the lid of the pot. The cold will help to condense the steam in the pot into liquid water.When complete, turn off the heat and use care to remove the bowl of distilled water. Store distilled water in a clean, preferably sterile container (dishwasher clean or else immersed in boiling water). Use a container intended for long-term storage of water because other containers may have contaminants that would leach into your water over time, undoing all your work to get pure water. Collect Water in an Outside Container A similar method is to heat water in a pot but collect the distilled water in an outside container. You can be as creative as you like with your setup for this. Just be sure to collect the distilled water and not the pot water. One option is to use a funnel over the boiling water container that is connected to the collection bottle with aquarium tubing. For the funnel to drain into your collection bottle, you want to empty the tubing at a lower level than the funnel. Otherwise, the method is the same. The advantages include safety (you dont need to wait for the pot to cool to get your water) and reduced risk of contamination from the source water. Contamination is not a big concern when youre purifying rain or tap water but may be more of a consideration if youre trying to make nonpotable water safe enough to drink. Distill Water From Rain or Snow Rain and snow are two forms of naturally distilled water. Water evaporates from the ocean, lakes, rivers, and the land and condenses in the atmosphere to fall as precipitation. Unless you live in a highly polluted area, the water is pure and safe to drink. (Do not collect rainwater that comes off an asphalt shingle roof through the gutters for this procedure.) Collect rain or snow in a clean container. Allow a day or so for any sediment to fall to the bottom of the bowl. In most cases, you can pour off the clean water and drink it as-is; however, you can include additional filtration steps, such as running the water through a coffee filter or boiling it. Water keeps best if its refrigerated, but you can keep it indefinitely in a clean, sealed container at room temperature, too. Use Home Distillation Kits Unless youre collecting rain or snow, water distillation costs money because it uses fuel or electricity to heat the source water. Its cheaper to buy bottled distilled water than it is to make it on your stove. However, if you use a home distiller, you can make distilled water more cheaply than you can buy it. Home distillation kits range in price from about $100 to several hundred dollars. If youre making distilled water for drinking, the less expensive kits are fine. More expensive kits are used for lab work or for processing large volumes of water to supply water needs for an entire house. Distill Water From Plants or Mud While out camping or in serious emergency situations, you can distill water from virtually any source of water. If you understand the basic principle, you likely can imagine many potential setups. Heres an example of a method used to extract water from desert plants. Note that this is a time-consuming process. Green plantsPlastic wrapCoffee can or other clean containerSmall rocks Dig a hole in the ground in a sunny location.Place the coffee can in the center of the bottom of the hole to collect the water.Pile up damp plants in the hole around the coffee can.Cover the hole with a piece of plastic wrap. You can secure it using rocks or dirt. Ideally, you want to seal the plastic so no moisture escapes. The greenhouse effectà will trap heat inside the plastic, aiding in the evaporation of the water.Place a pebble in the center of the plastic wrap to create a small depression. As water evaporates, the vapor will condense on the plastic and fall where you created the depression, dripping into the can. You can add fresh plants to keep the process going. Avoid using poisonous plants containing volatile toxins because they will contaminate your water. Cacti and ferns are good choices, where they are available. Ferns are edible, too.
Friday, November 22, 2019
The Cobb-Douglas Production Function
The Cobb-Douglas Production Function In economics, a production function is an equation that describes the relationship between input and output, or what goes into making a certain product, and a Cobb-Douglas production function is a specific standard equation that is applied to describe how much output two or more inputs into a production process make, with capital and labor being the typical inputs described. Developed by economist Paul Douglas and mathematician Charles Cobb, Cobb-Douglas production functions are commonly used in both macroeconomics and microeconomics models because they have a number of convenient and realistic properties. The equation for the Cobb-Douglas production formula, wherein K represents capital, L represents labor input and a, b, and c represent non-negative constants, is as follows: f(K,L) bKaLc If ac1 thisà production functionà has constant returns to scale, and it would thus be considered linearly homogeneous. As this is a standard case, one often writes (1-a) in place of c. Its also important to note that technically a Cobb-Douglas production function could have more than two inputs, and the functional form, in this case, is analogous to what is shown above. The Elements of Cobb-Douglas: Capital and Labor When Douglas and Cobb were conducting research on mathematics and economies from 1927 to 1947, they observed sparse statistical data sets from that time period and came to a conclusion about economies in developed countries around the world: there was a direct correlation between capital and labor and the real value of all goods produced within a timeframe. Its important to understand how capital and labor are defined in these terms, as the assumption by Douglas and Cobb make sense in the context of economic theory and rhetoric. Here, capital indicates the real value of all machinery, parts, equipment, facilities, and buildings while labor accounts for the total number of hours worked within a timeframe by employees. Basically, this theory then posits that the value of the machinery and the number of person-hours worked directly relate to the gross output of production. Although this concept is reasonably sound on the surface, there were a number of criticisms Cobb-Douglas production functions received when first published in 1947. The Importance of Cobb-Douglas Production Functions Fortunately, most early criticism of the Cobb-Douglas functions was based on their methodology of research into the matter- essentially economists argued that the pair did not have enough statistical evidence to observe at the time as it related to true production business capital, labor hours worked, or complete total production outputs at the time. With the introduction of this unifying theory on national economies, Cobb and Douglas shifted the global discourse at it related to micro- and macroeconomic perspective. Furthermore, the theory stood true after 20 years of research when the 1947 United States Census data came out and the Cobb-Douglas model was applied to its data. Since then, a number of other similar aggregate and economy-wide theories, functions, and formulas have been developed to ease the process of statistical correlation; the Cobb-Douglas production functions are still used in analyses of economies of modern, developed, and stable nations around the world.
The Cobb-Douglas Production Function
The Cobb-Douglas Production Function In economics, a production function is an equation that describes the relationship between input and output, or what goes into making a certain product, and a Cobb-Douglas production function is a specific standard equation that is applied to describe how much output two or more inputs into a production process make, with capital and labor being the typical inputs described. Developed by economist Paul Douglas and mathematician Charles Cobb, Cobb-Douglas production functions are commonly used in both macroeconomics and microeconomics models because they have a number of convenient and realistic properties. The equation for the Cobb-Douglas production formula, wherein K represents capital, L represents labor input and a, b, and c represent non-negative constants, is as follows: f(K,L) bKaLc If ac1 thisà production functionà has constant returns to scale, and it would thus be considered linearly homogeneous. As this is a standard case, one often writes (1-a) in place of c. Its also important to note that technically a Cobb-Douglas production function could have more than two inputs, and the functional form, in this case, is analogous to what is shown above. The Elements of Cobb-Douglas: Capital and Labor When Douglas and Cobb were conducting research on mathematics and economies from 1927 to 1947, they observed sparse statistical data sets from that time period and came to a conclusion about economies in developed countries around the world: there was a direct correlation between capital and labor and the real value of all goods produced within a timeframe. Its important to understand how capital and labor are defined in these terms, as the assumption by Douglas and Cobb make sense in the context of economic theory and rhetoric. Here, capital indicates the real value of all machinery, parts, equipment, facilities, and buildings while labor accounts for the total number of hours worked within a timeframe by employees. Basically, this theory then posits that the value of the machinery and the number of person-hours worked directly relate to the gross output of production. Although this concept is reasonably sound on the surface, there were a number of criticisms Cobb-Douglas production functions received when first published in 1947. The Importance of Cobb-Douglas Production Functions Fortunately, most early criticism of the Cobb-Douglas functions was based on their methodology of research into the matter- essentially economists argued that the pair did not have enough statistical evidence to observe at the time as it related to true production business capital, labor hours worked, or complete total production outputs at the time. With the introduction of this unifying theory on national economies, Cobb and Douglas shifted the global discourse at it related to micro- and macroeconomic perspective. Furthermore, the theory stood true after 20 years of research when the 1947 United States Census data came out and the Cobb-Douglas model was applied to its data. Since then, a number of other similar aggregate and economy-wide theories, functions, and formulas have been developed to ease the process of statistical correlation; the Cobb-Douglas production functions are still used in analyses of economies of modern, developed, and stable nations around the world.
Thursday, November 21, 2019
Leisure in Society. Golf Essay Example | Topics and Well Written Essays - 2000 words
Leisure in Society. Golf - Essay Example According to ESRC fact sheet the most popular leisure time activity in the UK is watching TV. However, the main problem, which arises, is the lack of movement and physical activity in the lives of the British population. According to the research conducted in Bristol over 10Ã % of 11-year-old children should move more actively and are recommended to make daily exercises. The other survey conducted by the Avon Longitudinal Study of Parents and Children came to the conclusion that children from more well-to-do families make less exercise than children from poorer social background and girls were less active than boys / BBC News, 2005/. Medical surveys, which took place in 2002, showed the same results that over 22Ã % of male and 23Ã % of British female population were obese. Besides, some part of the population was not obese but overweight. These are 43Ã % of males and 34Ã % of female population of the UK. Thus, according to the Body Mass Index over 50Ã % of all adult population of Great Britain is overweight and were recommended to control their weight / Office for National Statistics, 2005/. On the other hand, it should be mentioned that there is a growing interest to the sport activities in the UK. Thus, the General Household Survey made a research of the most popular sporting activities of grown-ups (aged 16 and more). The results of the survey are represented on the table below/ Office for National Statistics, 2005/ : The only corrections, which I would like to make in this list is to include angling. Thus, according to the Environment Agency approximately 11Ã % of all British population has fished during the past two years / Environment Agency, 2007/. Therefore, I would like to mention this kind of sport activity as one of the popular activities of the UK population both of men and women. On the other hand, the other hand, which we also should take into consideration, is the organization of the sport activity. Thus, according to
Tuesday, November 19, 2019
Accounting for Strategy and Management Control Assignment
Accounting for Strategy and Management Control - Assignment Example various analysts and researchers with an aim to prove the difference and analyse the affect of such differences of functional management on the organisation at large. Based on the similar context a research paper was conducted by two authors, Teerooven Soobaroyen and Bhagtaraj Poorundersing with the article titled as ââ¬Å"The effectiveness of management accounting systems: Evidence from functional managers in a developing countryâ⬠. The research paper was concentric on the key issue of examining the accessibility of different management accounting systems and the value which these systems pertain for functional managers. To relate the issue with the impact of economical factors, the authors had a chosen environment of a developing economy, i.e. Mauritius located in Africa. The design methodology used by the authors to conduct this paper was concentrated on the survey method of interviewing the production and marketing managers of manufacturing companies. Further the data was analysed through the implementation of regression-path. On the contrary, any kind of research paper conducted posses certain limitations and certain advantages as well. For instance, the paper by Teerooven Soobaroyen and Bhagtaraj Poorundersing, concentrates on examining the managersââ¬â¢ point of view related to the implications of different management accounting systems. This certain attribute simultaneously have certain advantages and a few disadvantages. On one hand, it has an advantage to identify the problems of the realistic practices faced by the managers, while on the other hand it ignores the perception of workers in terms of task uncertainty. These kinds of limitations generally occur due to the personal perceptions of the author(s), the research methodology of the paper, and the time allocated for the research. This study therefore, is emphasised on the critical analysis of the advantages of the research paper and its limitations to successfully attain the determined objective.
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