Saturday, December 28, 2019
Robert Fultons Steamboat Clermont
Robert Fultons steamboat the Clermont was undoubtedly the pioneer of practical steamboats. In 1801, Robert Fulton partnered with Robert Livingston to build the Clermont. Livingston had received a monopoly on steam navigation on the rivers of New York State for twenty years, provided that he produced a steam-powered vessel able to travel four miles an hour. Construction of the Clermont Robert Fulton arrived at New York in 1806 and began the construction of the Clermont, named after Robert Livingstons estate on the Hudson River. The building was done on the East River in New York City. However, the Clermont was then the butt of jokes of passersby, who nicknamed it Fultons Folly. Launch of the Clermont On Monday, August 17, 1807, the first voyage of the Clermont was begun. Carrying a party of invited guests, the Clermont steamed off at one oclock. Pinewood was the fuel. At one oclock on Tuesday, the boat arrived at Clermont, 110 miles from New York City. After spending the night at Clermont, the voyage was resumed on Wednesday. Albany, forty miles away, was reached in eight hours, making a record of 150 miles in thirty-two hours. Returning to New York City, the distance was covered in thirty hours. The steamboat Clermont was a success. The boat was then laid up for two weeks while the cabins were built, a roof built over the engine, and coverings placed over the paddle-wheels to catch the water spray. Then the Clermont began making regular trips to Albany, carrying sometimes a hundred passengers, making the round trip every four days and continued until floating ice marked the break for winter. Clermont Builder Robert Fulton was one of the most important figures in early American technology. Before his steamboat Clermont first ascended the Hudson River in 1807, he worked for years in England and France on industrial development, especially inland navigation and the cutting of canals, and built a submarine.
Friday, December 20, 2019
The Declaration of Independence Why It Is So Important to...
ââ¬Å"We hold these truths to be self evident, that all men are created equal, that they are endowed by their Creator certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.â⬠- The Declaration of Independence The Declaration of Independence is one of the most famous documents in the history of the United States of America. It helped the colonists declare independence from Great Britain and King George III. It is one of the documents that has made our country what it is today. Without the Declaration many things would be different. After reading this I hope you are able to see what these great men went through to make Americaââ¬â¢s founding document. On June 7, 1776, Richard Henry Lee of Virginia presentedâ⬠¦show more contentâ⬠¦The debate for that was scheduled for July 1. The draft would be accepted if they voted for independence. When July first finally arrived, the congress started debating whether or not to vote for independence. The debate lasted around 9 hours, they debated from morning, through the afternoon, and into twilight. The first delegate to speak was John Dickinson of Pennsylvania. He said that the timing wasnââ¬â¢t right for independence. Then, John Adams spoke next to answer him. Adams made a masterful presentation explaining why independence was a good idea. After he spoke for more than an hour, new delegates from New Jersey entered the meeting place and asked Adams to repeat his speech. He politely declined, but they insisted he make the speech once more. So he did. This time fixing and editing things as he spoke making the speech better. Once he was done for the second time, after nine hours of debating, it was time to vote. The vote for independence was good with nine states voting yes, but it didnââ¬â¢t feel right to call themselves the United States if they werenââ¬â¢t all together. So they decided to have the final vote for independence the next day, July 2, in hope that the delegates the voted no might change their minds. On July 2, 1776, the Congress made the final vote for independence. This time all the colonies voted ââ¬Å"ayeâ⬠except for New York which didnââ¬â¢t vote because they awaited official confirmation, but they wouldShow MoreRelatedAnalysis of the Declaration of Independence Essay1040 Words à |à 5 PagesAnalysis of The Declaration of Independence The Declaration of Independence by Thomas Jefferson was made in order to give the colonists a way to break free from the shackles of King George. This document has affected the building blocks of the United States and is one of the most important documents in U.S. history. The Declaration of Independance was the foundation of what this country was based on. However, what Jefferson and the other signers might not have expected is the strech, the firmRead MoreThe Declaration Of Independence And Independence1501 Words à |à 7 PagesThe Declaration of Independence The Declaration of Independence is one of the most important document in U.S history that helped led to this country s independence from Great Britain. The Declaration of Independence helped us earn our freedom to become an independent nation with our own rules. However, without Thomas Jefferson and the rest of their concerns and reasons for separating this wouldn t have been possible. The writing alone wouldnââ¬â¢t have made this document memorable.The use of rhetoricalRead MoreThe American Revolution Set up Equality and Power for America621 Words à |à 3 Pagesacross the world, it set the precedent of equality in our country, and it set it up to be the world power it is today. Americaââ¬â¢s Revolution gave birth to real applications of Enlightenment ideals, and in doing so spurred movements of independence and democracy around the world during the same time period and into the future. ââ¬Å"Three major events of the American Revolution had great influence on Europe: Signing the Declaration of Independence, Implementing the ideas of Enlightenment, Forming theRead MoreThe Declaration Of Independence From England880 Words à |à 4 Pageseventually become the United States of America, signed the declaration of Independence from England. The declaration pretty much summarized the colonistsââ¬â¢ motivation for seeking independence. The 13 colonies want to obtain their independence from England for many reasons. England establishing the Stamp Act was the first major American opposition to the British Policy that led Americans to realize that it was a time for change. By gaining their Independence, American colonists were finally able to confirm anRead MoreThomas Jefferson s The Declaration Of Independence984 Words à |à 4 Pagescommittee to write a draft stating the colonies had the ââ¬Å"right to be independent statesâ⬠(Shi and Mayer 2016, 104). The group designated Thomas Jefferson to be the main author. In analyzing this document we can see Thomas Jeffersonââ¬â¢s The Declaration of Independence declared the United States of America as an independent, self-governing nation. It listed the complaints of the colonies about King George III, parliament, and justified the colonyââ¬â¢s right to declare its freedom because of Britainââ¬â¢s infringementRead MoreEquality And The American Dream1068 Words à |à 5 Pagestime. People are thought to be brave when they stick up against inequality. On July 4, 1776 Thomas Jefferson wrote the most important document in the history of our nation. The Declaration of Independence was the official document that claimed that their new name the United States of America and they would succeed from unfair British control. The Declaration of Independence was famous for demanding that everyone should have the right to life, liberty, and the pursuit of happiness. Fast forward 187Read MoreCommon Sense Vs. Declaration Of Independence957 Words à |à 4 PagesCommon Sense v. Declaration of Independence Common Sense written by Thomas Paine in January of 1776, enlightened its readers and ignited the colonists towards the American Revolution. Common Sense was the first document that established a suggestion towards a constitutional form of government. The foundation of the main points in Common Sense were the upbringing of the Declaration of Independence. The Declaration of Independence was written by Thomas Jefferson in July of 1776 approximately 7 monthsRead MoreCommon Sense And The Declaration Of Independence1517 Words à |à 7 PagesCommon Sense and the Declaration of Independence are two very important documents in American history. Written by Thomas Paine, although not an official document, promotes thoughts that the citizens understood and needed, but did not know how to express their actions and ideas. The Declaration states the necessary reasons for independence in the colonies as well as the importance that their are equal rights. The Declaration announced to the world as a unanimous decision that the thirteen coloniesRead MoreThe United States Of America1340 Words à |à 6 PagesGreat English Empire, to the organization of becoming a free, sovereign nation and lastly, the migration and colonization of the now, western United States, including the great state of Nevada, has many components. The Declaration of Independence initiated the process of becoming a country of its own. This Document pushed the separation from England and showed the world that America was now its own nation. The United States Constitution laid out the blue print of how the United States would work. ThisRead MoreThe Declaration Of Independence : Uncovering Its Strategic Art1263 Words à |à 6 PagesThe Declaration of Independence: Uncovering Its Strategic Art The fundamental purpose of Americaââ¬â¢s Declaration of Independence was to illustrate to foreign nations why the colonies had decided to detach and disassociate themselves from Great Britain. The Revolutionary War had already been in motion, and numerous major battles had occurred. The American colonies had already cut most major ties to England, and had established their very own currency, congress, army, and post office. On June 7, 1776
Thursday, December 12, 2019
The Life Mrs. Mallard Could Never Have free essay sample
The Story of an Hour by Kate Chopin is a short story based on the emotionally damaged character Mrs. Mallard. The whole story is emotional roller coaster ride where the audience journeys into the dark mind of Mrs. Mallard through the series of reflections she reveals to us about the thoughts of her feelings towards her husbandââ¬â¢s death. In the last hour of Mrs. Mallardââ¬â¢s life the audience captures a glimpse of her true feelings about her husbandââ¬â¢s death through symbolism, irony, and theme. The story opens up with the revelation of Mr. Mallardââ¬â¢s death, but with Mrs. Mallard in a very different emotional state than expected; she seems relieved. For example, Mrs. Mallard sits comfortably back in her chair looking out the window with a disturbing calm state. The window is a symbol of the freedom that Mrs. Mallard now can achieve through tragic death of Mr. We will write a custom essay sample on The Life Mrs. Mallard Could Never Have or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Mallard. Also, there is a perplexing idea that creeps up Mrs. Mallardââ¬â¢s mind. She is like a free bird being let go to flight. The window is the representation of the oppression of women back in the late nineteenth century. Chopin purposely gives Mrs. Mallard the role of an emotionally drained woman whose last chance at freedom is through the death of her husband. This is shown in the scene where Mrs. Mallard seems to float from the stairs like a victorious goddess. This is a suggestion that she won the battle within the marriage, in that she stuck through it without breaking down, and now it is over and she may retire into the life she wishes for herself. The author shows that Mrs. Mallard feels helplessly oppressed by her role as a woman in the shadow of her husband. In result, her silence consumes her soul to enslavement to the world of man. Mrs. Mallardââ¬â¢s heart condition is a symbol of the battle scar she had to endure in her marriage. The audience is pulled into sympathy for the main character in that she is emotionally bruised by the loss of freedom in her life. Mrs. Mallard is seen to be fragile and sick from the start of the story, when her sister tries to shield her from the news. However, the news seems to have been the cure for her soul. Chopin plays with the idea of irony within the story by bringing out the darkness behind the protagonist Mrs. Mallard. For example, at the storyââ¬â¢s climax, she whispers, ââ¬Å"Free! Body and Soul free!â⬠(300)This sentence was written to suggest the exhilaration that sweeps up Mrs. Mallardââ¬â¢s whole being with the thought of finally being her own person. This celebration is startling to the audience when they learn wife happiness lies under the death of her husband. The story suggests a dramatic irony that freedom can only bought by the expense of another life. ââ¬Å"Assure him of its truth by a second telegram (299). The author purposely outlines this sentence to make the audience feel there is an assurance of her husbandââ¬â¢s death, but in fact he is alive. As Louise comes out, she carries herself like the Goddess of Victory, and descends the stairs with her sister. As the two moves to the bottom of the stairs, the door swings open to reveal Brantley Mallard, Louises supposedly dead husband. Within minutes of learning the news that her husband is alive, Mrs. Mallard has a heart attack and dies. This dramatic scene was clever way of representing the feeling of betrayal by the supernatural, that her husband gets to live and she dies in an hour when she felt she was free. In a cruel way Mrs. Mallardââ¬â¢s freedom is taken away, and leaving her with the last happiness she felt before she learned her husband was alive. The main theme of the story is oppressiveness of marriage. Chopin suggests that marriage is a burden one takes on when a couple falls in love and feels an obligation to that person. A marriage what is seen to be holy matrimony is noted in the story as bless less promise of one another through the characters of Mrs. Mallard and Mr. Mallard. Through eyes of the author, marriage is perceived as a curse one has to live with especially if you are a woman. In general marriage is what stifled Mrs. Mallard by losing her own independence as a human being. Furthermore, when Mrs. Mallard got married she traded her freedom for an apron, where now she is the object for her husband and the loss of her individuality. ââ¬Å"But she felt it, creeping out of the sky, reaching toward her through the sounds, the scents, and the color that filled the air(300) Chopin states that for the first time Mrs. Mallard can enjoy the fruits of her labor, she can smell the scents around her and the colors. This scene resembles imagery similar to a prisonerââ¬â¢s first breath out of jail, resembling the same feeling Mrs. Mallard has of being independent. She can now enjoy the nature around her, and the opportunities that the world offers her. Description of the sky could be the flight of her happiness, and the irony would be the downfall of learning the truth about her husbandââ¬â¢s death. In the short story, the nature could be the mockery of human emotion.Mrs. Mallard feels comfort by nature, but in fact it is a moorage of a dream she can never grasp. Nature is a universal symbol of nurture and motherly love. Here it takes a whole new meaning, where nature is seen to be a disguise of false hope.
Wednesday, December 4, 2019
Concealed Carry on College Campuses free essay sample
There is a chance that allowing them to carry concealed weapons on college campuses will increase the violence. It would make it a lot tougher for campus law enforcement to do their job effectively. Teachers and students should not be allowed to carry concealed weapons on college campuses because it will create a more chaotic environment, they are not adequately trained to use them, and it takes the focus off of education. Allowing teachers and students to carry concealed weapons will not make college campus safer. It will make them more chaotic during a crisis because instead of one person carrying a gun you will have several. Some questions that need to be considered are: How would a 19 year old college student react with an active shooter? Would they be able to handle the threat? How many more people would get hurt because you have people shooting from all different directions? As result of this, there would be mass confusion on campus, and Rich 2 responding law enforcement would then have more than one threat to deal with. We will write a custom essay sample on Concealed Carry on College Campuses or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page According to Thompson et al. , ââ¬Å"Research has found that higher rates of firearm possession and ownership are associated with more acts of violence and higher rates of homicide and suicideâ⬠(248). Possessing firearms is a right to Americans under the second amendment and should not be infringed, but allowing maturing adults to carry them on a college campus is absurd. A college campus is supposed to be a learning environment and what could happen when you mix an immature student carrying a concealed weapon with alcohol or drugs could be deadly. According to Students for Gun Free Schools, ââ¬Å"students who have a firearm at college are more likely to binge drink, drive a motor vehicle after binge drinking, use illegal drugs, vandalize property, and get into trouble with the policeâ⬠(ââ¬Å"Why Our Campuses Are Safer Without Concealed Handgunsâ⬠2). Proper training is a must when it comes to handling firearms. You can have hours of training and still not master it. On college campuses where anyone is allowed to carry a concealed weapon, one would need to make sure that everyone receives rigorous training (Hanford 3). Some people can have all the training needed and still react differently when a situation occurs. If a student or teacher had a concealed weapon during an active shooter incident, they might be unable to stop the threat or hurt other students trying to stop the threat. Some people forget their training when they feel pressure or stress. Police Officers receive hours of training and are required to qualify with their firearms quarterly to continue to carry them and have arrest powers. In Texas, Teachers in some school districts can carry guns but they first must go through training on crisis management and hostage situations (ââ¬Å"Texas: Teachers Can Rich 3 Carry Gunsâ⬠15). Training is a good thing but it will interfere with the already busy schedule of students and teachers. A studentââ¬â¢s main focus should be attending college to further their education, not worry about people carrying handguns. It might be hard for someone to feel safe on a college campus when there are multiple people carrying firearms. Ultimately this could affect how a studentââ¬â¢s stress level would rise and hurt their grades. A classroom is supposed to be a stress free learning environment. According to Barbara Burrell, a professor at Northern Illinois University, ââ¬Å"Students are under much pressure to achieve. We should make the learning environment a welcome and safe place, not a place of fear or where ââ¬â in a moment of frustration ââ¬â the way to solve a problem is to shoot someoneâ⬠(ââ¬Å"Your Views: Concealed Guns on Campus? â⬠B1). Classroom attendance may drop because students would not come to class out f fear. Stephen Motley, a student at Central Florida, said ââ¬Å"the idea of having guns on campus worries him. He said if he walked into a classroom and there was a gun on a teachers belt, he would be scaredâ⬠(McLoed). There are other alternatives to making college campuses safer. Most college campuses have police departments. Those departments need the budget, equipm ent, and manpower to operate properly. The money spent on training teachers and students on proper firearms training could be put toward the police departments.
Thursday, November 28, 2019
Explication Of The Cogito Essays - Ren Descartes, Thought
Explication Of The Cogito In his Meditations, Rene Descartes attempts to prove the existence and reality of himself and things external to himself. In order to fulfill such a feat, Descartes decides to doubt all that he knows, for he knows not whether that can be relied upon. He doubts his knowledge for three main reasons. For one, he accounts that in dreams, many times he had thought that things external to himself were real. Also, he had heard people declare pain in limbs that they had lost long ago. After pondering these two experiences he declared, the chief and most common mistake which is to be found here consists in my judging that the ideas which are in me resemble, or conform to, things outside me (Descartes 16). These two accounts proved to him that he should doubt the existence of his own body. Next, he realizes that even when he is awake, he cannot trust his senses. Descartes says that the senses do sometimes deceive us when it is a question of very small and distant things (14) A perfect example of such would be how a stick that is straight might appear bent when immersed in water, or might mistake the height and shape of distant towers. This makes him further realize that he cannot trust experience. Finally, he is then forced to question his mind, when he realizes that there might be an Evil Genius that controls his every thought. If there were an Evil Genius doing such, his thoughts would mean nothing and his questioning would mean nothing, because he is constantly being deceived. With this in mind, he is able to stumble upon an epiphany, that the very fact that he is questioning, means that he exists. His reasoning is one that is quite logical. By questioning something, he knows that there has to be someone that does the actual action of the questioning, and if there is someone that questions, that someone must exist. It is a subject-object relationship. In order to question something, there must be something to question, therefore a questionable object exists. And in order for there to be questioning, some thinking thing, i.e. Descartes, must be doing the questioning, therefore, he exists. Even if the Evil Genius is constantly deceiving him, that fact that he is being deceive d means that he exists. For this reason, Descartes could not doubt that he was doubting, and thus was able to conclude that this proposition, I am, I exist, is necessarily true whenever it is put forward by me or conceived in my mind. (17). To completely prove his point to the skeptics he had to go further, for how could one realize that he/she is doubting? Descartes answers that this is possible through natural light- intuition. By establishing that he is a thing that, doubts, questions, thinks, affirms, denies, imagines, and perceives, through examples, he is able to prove how one could realize his/her doubting. Descartes gives us the example of the wax that is melted, and the people on the street with coats. If the wax melts, one still perceives such as wax because the wax is merely something extended, flexible, and changeable (21). On the street, one could see coats and hats, but one determines that one is seeing people. This, like the wax, is done through judgement alone, by the intellect alone. With this, Descartes posits that an object can be grasped even when stripped of its outer form and perceived by the mind alone (21). He follows that by arguing that the awareness of ones self is more certain than that of wa x and coats, for one understands ones self more clearly and distinctly than anything else. If one is able to do such, than, through nature of light, one is able to realize that one is doubting. The main qualm that I have with Descartes argument, is with his nature of light argument, that he is only sure that he is doubting from judgements solely based on perception. In order to grasp a concept, one must do such only through perception because the body has to be doubted, so the mind must act alone. Like the wax, one can tell that it
Sunday, November 24, 2019
What to Bring to the SAT and What Not to Bring
What to Bring to the SAT and What Not to Bring SAT / ACT Prep Online Guides and Tips After months of planning and prepping, test day is finally upon you! What exactly do you need to bring to the SAT- and what should you just leave home? Weââ¬â¢ll talk about what to bring to the SAT for certain and some not so obvious things that might come in handy. Make sure your bag is packed and ready to go so you can focus on performing your best- and not on tracking down a pencil sharpener! What to Bring on SAT Day: The 4 Essentials First things first: what must you bring to the SAT? Here are the four essentials you cannot afford to forget on test day: #1: Admission Ticket You must print out your admission ticket and bring it to the testing center. A paper copy of your ticket is 100% necessary for admission- you can't show it on your cell phone, tablet, etc. To print it out, log into your College Board account and click on "Print Admission Ticket." #2: Photo ID Your photo ID should resemble the picture you uploaded to the College Board website when you registered for the SAT. Below is a list of acceptable and unacceptable forms of ID: Unexpired government-issued IDs (e.g., driverââ¬â¢s license, passport, military ID, national ID, etc.) Current school ID card Student ID Form, if you donââ¬â¢t have any of the other forms; this form must be prepared by the school you currently attend or by a notary if you are home-schooled Unacceptable IDs include IDs that are expired or damaged or do not match your College Board photo. Some unacceptable forms of ID include the following: Credit or debit cards (even ones with photographs) Birth certificates Social Security cards Employee ID cards ChildFind ID cards Other temporary ID cards #3: At Least Two #2 Pencils and an Eraser Pens, highlighters, liquid paper, or any other writing utensils are not allowed,not even for the essay (if you're taking the SAT with Essay). Check your erasers to make sure they work well. #4: An Acceptable Calculator You'll need to bring your own calculator for the Math Calculator section. Acceptable calculators include graphing and scientific calculators. A basic four-function calculator is also allowed but not recommended. Learn all about the uses and limitations of your calculatorwith our guide. Unacceptable calculators and devices include the following: Laptops Tablets Cell phones Calculators that make noise or use a keyboard-like (QWERTY) keypad, an electrical outlet, or a paper tape Basically, donââ¬â¢t bring anything that could be disruptive or has communication capabilities. As long as you have these four items- your admission ticket, your ID, pencils/erasers, and an approved calculator- you should have no trouble being admitted into the SAT. Now that you know things to bring to the SAT, letââ¬â¢s consider a few other materials that might help you out during the test. Other Items You Might Want to Bring to the SAT In addition to the four essentials, what other items can you bring to the SAT? Here are some of our recommendations for things that might come in handy on SAT test day: Extra #2 pencils and a small handheld pencil sharpener. Since time is tight and talking is prohibited, you definitely donââ¬â¢t want to find yourself in the middle of the SAT with nothing to write with! So bring some backup writing utensils and a sharpener. Extra batteries for your calculator, just in case. Itââ¬â¢s also a good idea to put in new batteries the day or two before the SAT- and definitely make sure that your calculator works! A drink and snacks for your breaks. These will likely have to stay in your bag, in a locker, or up at the test administratorââ¬â¢s desk and will have to be consumed outside of the testing room. The SAT is a long test; drinks and snacks will help you stay hydrated, energized, and focused. A watch,as long as it doesnââ¬â¢t have any audible alarms or noises. If it'll help you keep track of time, bring one along. If you just find it distracting, though, leave it at home! These extras and backup materials might prove helpful the day of the SAT. Now, whatshould you definitely not bring on SAT test day? What NOT to Bring to the SAT There are lots of prohibited items when it comes to SAT test day. Weââ¬â¢ll list a few below, butyour best bet is to avoid bringing anything thatââ¬â¢s not recommended on the above lists: Any other technology besides your calculator, especially anything with communication or recording capabilities. This means no cell phones, laptops, tablets, timers, cameras, or audio recorders. The College Board takes security very seriously, as you can tell from these high-profile cheating scandals. Any other notes,cheat sheets, dictionaries, translators, books, or papers. To reiterate, if you must bring your cell phone, turn it off well before the test. If it beeps even just once, your proctor will confiscate it and cancel your test immediately. Want to learn more about the SAT but tired of reading blog articles? Then you'll love our free, SAT prep livestreams. Designed and led by PrepScholar SAT experts, these live video events are a great resource for students and parents looking to learn more about the SAT and SAT prep. Click on the button below to register for one of our livestreams today! Getting Ready for SAT Test Day: 5 Key Tips Now that you know exactly what to bring (and not bring) to the SAT, how can you ensure that you are prepared to do your best on the test? Read on to learn how you can have a great SAT test day: #1: Prepare Ahead of Time Get all your materials gathered and packed the day before your test. You definitely donââ¬â¢t want to be scrambling in the morning trying to track down pencils and batteries for your calculator. This would cause a whole lot of unnecessary anxiety and could make you late (and therefore ineligible) for the test! So get everything taken care of at least the day before. #2: Test Your Calculator Before the SAT, check that your calculator is working properly. Test out the different functions, and put new batteries in it so that it won't have any chance of dying during the test! #3: Print Out Multiple Copies of Your Admission Ticket It's a good idea to print out a few copies of your SAT admission ticket, just in case. If you donââ¬â¢t have a printer, you can get this taken care of at school, your local library, or another printing center such as Staples. Remember that you will not be admitted on test day without this ticket. As mentioned above,donââ¬â¢t wait until the morning of or late the night before the SAT to print out your ticket. Itââ¬â¢s a strange and inexplicable rule of printers that they tend to malfunction right before a big test or due date. So print out two or three copies early and save yourself the hassle! #4: Practice Self-Care Self-care is important in general but especially in the days leading up to the SAT. The morning of the test, eat a healthy breakfast. Exercising the day before (and in general) might also aid in easing your stress levels and clearing your mind. Donââ¬â¢t underestimate the power of diet and exercise in feeling good and thinking clearly! #5: Double-Check That You've Got Everything You Need Finally, make a checklist and double-check your bag one last time before you head to your testing center. After all your preparation, your focus should be wholly on the SAT. By having all these materials taken care of, you'll be poised to perform your best! Whatââ¬â¢s Next? One of the biggest challenges of the SAT is to perform under strict time limits. Learn the best strategies for managing your time on the SAT,and get the rundown ofwhat to expect on test day. The best test prep is customized to your individual strengths and goals. What SAT scores are you hoping to achieve? Define your target SAT scores by learning what good, bad, and excellent scores look like. When do SAT scores come out? Learn all about when you can expect your scores. It sounds like your test is coming up, and we hope you don't have to take the SAT again. But want to improve your SAT score by 160points?We've written a guide about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:
Thursday, November 21, 2019
Influence of Oil Price on Non-Oil Sector Stocks in Saudi Arabia Research Paper
Influence of Oil Price on Non-Oil Sector Stocks in Saudi Arabia - Research Paper Example The intention of this study is oil as one of the most important economic resources in worldââ¬â¢s economy today. Fluctuations and shocks in oil prices have been studied intensively by many leading economists and several theories in economics point to the impact of oil price changes in world economies. The context of oil is even more important in the Saudi Arabian economy as it is has one of the biggest reserves of oil (one-fifth of worldââ¬â¢s total) and is the second largest producer (behind Russia) of oil in the world. Saudi Arabia has proven oil reserves of 264.52 billion barrels of oil and was only recently surpassed by Venezuela who claimed their oil reserves had risen to 269.5 billion barrels of oil. In terms of oil production, Saudi Arabia has a quota allocation of just over 30% of production among Organisation of the Petroleum Exporting Countries (OPEC) countries. The Saudi Arabian oil production in 2010 was 9.1 million barrels per day which accounted for 13% of worldâ â¬â¢s total oil production. Oil is also a major driver of economic activity in Saudi Arabia. Oil related activities accounted for 47% of the GDP in 2010, and petroleum products exports amounted to $193 billion and accounted for 84% (by value) of total exports in Saudi Arabia. Therefore, oil prices play an important role in the Saudi Arabian economy. However, from the perspective of an investor or an enterprise in Saudi Arabian market, it is also important to know whether oil prices have a major role to play in stock prices of non-oil sector companies too. If there is a high positive correlation between oil prices and non-oil sector stocks, an investor can used these stocks a hedge on their investments in oil. The outcome of this study could therefore be very useful for investors and enterprises already present or planning to enter the Saudi Arabian market. II. Literature Review Stock markets are largely dependent on economic activity in the country. In Saudi Arabia, as oil is a major component of the economy, stocks in Saudi Arabia are expected to indirectly depend largely on oil price movements. The influence of oil is however not limited to Saudi Arabia or other OPEC countries alone. Oil supply and price shocks have been a field of study for many economists globally. Therefore, a lot of research has been previously done on understanding the effect of oil prices on stocks. Where some studies have focussed on impact of oil price shocks on the stock market others have focussed on the general impact of oil prices on stocks. Most of thes e studies are focussed on the US market and there are only a few studies look into this aspect in Saudi Arabia. Because detailed study of oil shocks is out of scope of the current research, the literature review will focus only on studies that have been done on regular influence of oil prices on stock markets. Several studies have been done to understand the impact of oil prices on stock markets. Some of the notable ones among these are Sauter & Awerbuch (2003), Sari and Soytas (2006),
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