Friday, December 27, 2019

Issues and Controversies Journalists Face

Theres never been a more tumultuous time in the news business. Newspapers are drastically downsizing and facing bankruptcy or the prospect of going out of business entirely. Web journalism is on the rise and taking many forms, but there are real questions about whether it can really replace newspapers. Press freedom, meanwhile, continues to be nonexistent or under threat in many countries around the world. There are also ongoing controversies about issues such as journalistic objectivity and fairness. It seems like a tangled mess at times, but there are many factors involved that well examine in detail. Print Journalism in Peril Newspapers are in trouble. Circulation is dropping, ad revenue is shrinking, and the industry has experienced an unprecedented wave of layoffs and cutbacks. So what does the future hold? While some people will argue that newspapers are dead or dying, many traditional outlets are indeed adapting to the new digital world. Most offer all of their content online, either via paid subscriptions or for free. This is also true for TV and radio media outlets. Though it seemed at first as if modern technology would win out over tradition, the tide seems to be finding a balance. For example, local papers are discovering new ways to localize a story to attract readers interested in a smaller piece of the bigger picture. The Rise of Web Journalism With the decline of newspapers, web journalism seems to be the future of the news business. But what exactly do we mean by web journalism? And can it really replace newspapers? In general terms, web journalism includes bloggers, citizen journalists, hyper-local news sites, and even websites for print papers. The internet certainly opened up the world for more people to write whatever they want, but that doesnt mean all of these sources have the same credibility. Bloggers, for instance, tend to focus on a niche topic, as do citizen journalists. Because some of these writers do not have training in or necessarily care about the ethics of journalism, their personal bias can come across in what they write. This is not what we consider journalism per se. Journalists are concerned with the facts,  getting to the heart of the story, and have their own on-the-job lingo. Digging for answers and telling them in objective ways has long been a goal of professional reporters. Indeed, many of these professionals have found an outlet in the online world, which makes it tricky for news consumers. Some bloggers and citizen journalists are unbiased and produce great news reports. Likewise, some professional journalists are not objective and lean one way or another on political and social issues. This burgeoning online outlet has created all types on either side. This is the larger dilemma because it is now up to readers to decide what is credible and what is not. Press Freedoms and Reporters Rights In the United States, the press enjoys a great deal of freedom to report critically and objectively on the important issues of the day. This freedom of the press is granted by the First Amendment to the U.S. Constitution. In much of the world, press freedom is either limited or virtually nonexistent. Reporters are often thrown in jail, beaten, or even killed just for doing their jobs. Even in the U.S. and other free-press countries, journalists face ethical dilemmas about confidential sources, disclosing information, and cooperating with law enforcement. All of these things are of great concern and debate to professional journalism. However, it  is unlikely to be anything that resolves itself in the near future. Bias, Balance, and an Objective Press Is the press objective? Which news outlet is really fair and balanced, and what does that actually mean? How can reporters set aside their biases and really report the truth? These are some of the biggest questions of modern journalism. Newspapers, cable television news, and radio broadcasts have all come under fire for reporting stories with a bias. This is especially true in political reporting, but even some stories that should not be politicized fall victim to it. A perfect example can be found on cable news. You can watch the same story on two networks and get two completely different perspectives. The political divide has indeed swept into journalism — in print, on air, and online. Thankfully, a number of reporters and outlets have kept their bias in check and continue to tell the story in a fair and balanced manner.

Thursday, December 19, 2019

The Great Depression Of 1929 And World War II - 988 Words

Seniors born entre January 1, 1933 and December 31, 1945 Overall description of the group (demographics: education, income, location, marriage, children, etc., percentage of the population) Information Seniors born entre January 1, 1933 and December 31, 1945 are described as Post-War Cohort and have a current Population of 55 million, but their population is declining. According to extension.missouri.edu, they are retirees in majority and formed the largest voting population. Seniors or veterans also called Silent Generation inherited the consequences of the Great Depression of 1929 and World War II. They feel gratified by the effort or work, they are struggling to work and usually stay for long in the same company. They are obedient and respectful to authority, they are cautious and have a sense of duty but modern technologies such as information, communication and social networks are not obvious to them and may even be refractory. They earned less than today, but in their time, the quality of work was an art. Seniors born entre January 1, 1933 and December 31, 1945 value security, comfort, and familiar, known activities and environments. Like the baby boomers, the silent generati on is committed in marriage even though some divorced. This cohort is a target composed mainly of women and men widowers who live alone for half of them, especially women. This cohort had significant opportunities in education as a post-war economic boom struck America. Attitude of this age groupShow MoreRelatedTo What Extent Did World War Two Help The United States Of America Recover From The Effects Of The Great Depression1464 Words   |  6 PagesThe Great Depression To what extent did World War Two help the United States of America recover from the effects of the Great Depression? 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(xroads.virgina.edu) Racism was as strongRead MoreEconomic Effects Of The Great Depression1142 Words   |  5 Pages29, 1929, Black Tuesday, the United States of America’s stock market crashed causing the Great Depression. The Great Depression of the 1930’s greatly impacted millions of people’s lives around the world. The Depression caused millions of people to lose their homes, jobs and food for their families. The events causing, during, and after the Great Depression will forever be an important part of American History that will never be forgotten. The events that leading up to and caused the Depression dateRead MoreThe Causes of Canadas Great Depression of 1929-1939 Essay1679 Words   |  7 Pagesâ€Å"On the morning of October 29, 1929, panicked voices shouted over one another. Here and there, men leaned against the walls, hands over their faces as if trying to shut out the scene. In the street outside, a crowd had gathered, trying to learn the news. A man staggered out the door, clutching his hat in both hands. He looked as though he might weep. â€Å"It’s gone,â€Å" he whispered, so quietly only the few closest to him heard. â€Å"It’s all gone.†# The term ‘Great Depression’ according to Kristin Brennan evokesRead MoreThe Great Depression : History1409 Words   |  6 Pages The Great Depression Suzette Toliver HIS205 Contemporary World History Belhaven University - Houston Cause The Great Depression has been labeled as the worst economic depression in the United States History. â€Å"On September 3, 1929, the Dow Jones was at a high of 381 points, and on October 29, 1929, it had fallen to 41 points after a week of panic selling.† http://thegreatdepressioncauses.com/causes/. Things started to become unstable as many people were getting rid of their stock. Banks

Wednesday, December 11, 2019

Overcoming Learning Aversion In Evaluating And Manage †Free Sample

Questions: 1. Risk management introduction of Characters and the risk they've faced. 2. What is your role in a supply chain of your choice. 3. What are the Consumer/Customer risks you might face? 4. How would you overcome these risks? Answers: Answer 1 1) Pablo Escobar Pablo took a great risk to run business that involved smuggling contraband including liquor and tobacco. Whereas his profit margins stood desirable, his risks surged significantly together with product quantity being moved. He even took a risk to involve in drug trade by quickly realizing that he could generate additional revenue with a single truck of cocaine that with forty trucks full of cigarettes and booze. Thus for him, he mastered the pivot and would not be stopped by the risk involved so long as he was convinced that a new business model might be potentially more lucrative. He also faced competition risks but he ensured he kept his competitors close. He made business deals with his rivals. Medellin Cartel was more of a loosely connected cohort of drug lords chaired by him. 2) Steve jobs Steve took three major risks with the original Mac. These include: Steve redesigned the hardware 3 times; Steve switched to a disk at last moment, and Steve made the software far more sophisticated that it had to be hoping for the future-proof machine. Because the software was taking too long to develop, Steve took the time needed redesigning the product and perfected the physical hardware. He made trade-offs between time and the critical path thus made iterations to make a difference. Steve also risked by switching to a disk drive at last moment when they had planned initially to use the same massive drive in its Lisa computer. When Steve realized that Sony couldnt get them fit to go in time. In respect of the sophisticated software risk, Steve indicates that he had to take this risk since he wanted the machine for over ten years and hence wanted to build in something that would last to thrive. He indicates that he was aware that if he never got this machine advanced stuff, it would never last. 3) Henry Ford He faced in the market whereby cars stood a niche product as they were expensive and only for the rich. This did not bar him, but he took the risk and innovated to lower the costs of production whereas increasing the salaries of factory workers. Despite the environmental and social business risks/issues he faced, he viewed them from the perspective of product design via sourcing input, user groups, and re-use. He did this by treating such issues as an integrated problem space which needed an integrated solution. 4) Amr Diab He has faced reputational risk linked to the rumors about his relationships with his children. His image is defamed based on the rumors about his relationship with his two daughters Kenzi and Jana. People have been saying that he had various problems with his sons regarding his relationship with Dina-al-Sherbini. These are risks that have tried to make her lose his fans. 5) Zinedine Zidane His crisis-hit side risks going the Mourinhos way. He risks being fired by the Real Madrid the same way they fired his predecessor. Indeed, Zidane is facing the pressure of Real Madrid which is burdening his shoulder as well as stressing his face. He faces the risk of losing his position if he doesnt re-install his core managerial values in Real Madrid. 6) Rosa Parks She faced the risk of always being a target for racial discrimination and segregation due to her appearance. She faces this risk almost on a daily basis throughout her childhood which really hit her harder as a result of her actions. She suffered the risks associated with arrest for the next few days after being arrested over the bus incident. She even suffered the risk of losing her job due to her actions and even that of the husbands job loss. Answer 2 My supply chain of choice is to distribute milk from manufacturer to both retailers (customer) and final consumers. My role in this chain is, therefore, to ensure that the milk reaches my customer and consumers in time. I also have a role in checking the quality standards are met before taking milk from the manufacturers (Thakur and Mala 45). Also, I have a role to ensure that my customer and consumers are not overcharged for the milk they buy. Answer 3 A consumer risk is the potential familiar in all consumer-oriented products that an item that doesnt meet the standards of the quality set will pass unnoticed through the quality control system of the manufacturer and enter the marketplace of the consumer (Stadtler 80). In my business of supplying milk products from the manufacturer to the retailers, various consumer risks are noted (Yang et al. 39). They include; functional risks, social risks, physical risk and time risks (Hugos 59). Functional risk will results from the fear by milk consumers that the milk may not functions as they wish. Social risk will result from the fear that buying milk would affect appearance/status. The physical risks will result from the fear that milk would end up causing consumers damage. Time risks will result from the fear that a consumer might not receive the milk in time by waiting longer than expected (Monczka et al. 76). Answer 4 I would over time risks by ensuring that I have a schedule for delivery or distribution that I must strictly follow. This will help me ensure that I have time delivery for both retailers and consumers to make a decision on whether to return the default milk or sell (retailers) and consume (consumer) in time to get the value of their money. Also, I will overcome the functional risks by ensuring that the milk I take is first checked for quality and defects before distributing (Christophe 54). Also, I will overcome social risks by only distributing the particular milk acceptable in the market I serve and those that are from reputable manufacturers. Finally, I will overcome physical risks by ensuring that the milk I distribute meets the quality standards and that they come from reputable manufacturers (Cox 65). Also, I will always check before taking any milk whether they have not expired which might cause damages to the consumers and customers (Yu, Chian-Son, Chien-Kuo and Wachara 75). Reference Christopher, Martin.Logistics supply chain management. Pearson UK, 2016. Cox, Louis Anthony Tony. "Overcoming learning aversion in evaluating and managing uncertain risks."Risk Analysis35.10 (2015): 1892-1910. Hugos, Michael H.Essentials of supply chain management. John Wiley Sons, 2018. Monczka, Robert M., et al.Purchasing and supply chain management. Cengage Learning, 2015. Stadtler, Hartmut. "Supply chain management: An overview."Supply chain management and advanced planning. Springer, Berlin, Heidelberg, 2015. 3-28. Thakur, Rakhi, and Mala Srivastava. "A study on the impact of consumer risk perception and innovativeness on online shopping in India."International Journal of Retail Distribution Management43.2 (2015): 148-166. Yang, Qing, et al. "Exploring consumer perceived risk and trust for online payments: An empirical study in Chinas younger generation."Computers in Human Behavior50 (2015): 9-24. Yu, Chian-Son, Chien-Kuo Li, and Wachara Chantatub. "Analysis of consumer e-lifestyles and their effects on consumer resistance to using mobile banking: Empirical surveys in Thailand and Taiwan."International Journal of Business and Information10.2 (2015).

Tuesday, December 3, 2019

Personal Impacts Of Death Essays - Death, Ageing, Emotions

Personal Impacts of Death When a person is born, we rejoice, and when they're married, we jubilate, but when they die, we try to pretend that nothing happened. --Margaret Mead Odd as it sounds, there can be little question that some deaths are better than others. People cross-culturally have always made invidious distinctions between good deaths and bad. Compare, for instance, crooner Bing Crosby's sudden death following eighteen rounds of his beloved golf with the slow motion, painful expiration of an eighty-year-old diabetic. Bedridden following the amputation of his leg, the old man eventually began slipping in and out of consciousness. This continues over a period of years, exhausting the emotional, physical. and financial resources of his family. The essence of a "good death" thus involves the needs of the dying (such as coming at the end of full and completed lives, and when death is preferred to continued existence) as well as those of their survivors and the broader society. Whereas the prevalence of unanticipated and premature deaths led to pre-industrial cultures to focus death fears on individuals' postmortem fates, the death fears of modern cultures are more likely to focus on the processes of dying. Thus contemporary fears of dying involve the anxieties of dying within institutional settings, where often life is structured for the convenience of staff and where residents suffer both physical and psychological pain in their depersonalization. They also involve fears of being victims of advanced Alzheimer's Disease: being socially dead and yet biologically alive. In sum, the dreaded liminality between the worlds of the living and the dead have historically shifted from the period after death to the period preceding it. Cultural coping mechanisms have not kept pace with the dramatic changes in when and how we die. With a generation or two (rates varying by social class, religion, etc.) having died within institutionalized isolation, Americans are forgetting about how to learn to focus on dying as a human process, how to include the dying in their dialogues, and how to learn the lessons of their existence. Instead, the dying process now too often features silence or diversion. However, not surprisingly in our service-oriented economy, there are challenges to this medicalized, depersonalizing cultural route toward life's conclusion SOCIALIZATIONS FOR DEATH Like those at the dawn of human species, young children understand neither the inevitability of their own mortality nor its finality. Death fears must be learned. Paralleling the attempts of anthropologists and historians to map the death ethos of Western culture over time, there is a sizable research tradition in psychology and psychiatry on exactly how children's concepts of death unfold developmentally. As social scientists have studied the long-term social and cultural consequences of mass epidemics or total war, psychiatrists attempt to gauge how early firsthand death encounters later affect the motivations, psychoses, and fears of adulthood. And what lessons are learned in childhood about death? Consider the Saturday morning catechism. The lessons begin with the selection of breakfast cereals. Consider the products to the right, featuring flawed but immortal creatures (Frankenstein, a creature created from body parts, and Dracula, who subsists on the blood of the living). While eating their immortality flakes, children may watch their favorite cartoon: "The Roadrunner." The story line never varies: a coyote employs a number of strategies to kill (we assume to eat) the bird, only to have each attempt lethally backfire before he is once again resurrected to resume the hunt. This cartoon is followed by others bearing similar messages of violence, death, and indestructibility. The following is the breakdown of their responses to the question "When you were a child, how was death talked about in your family?" Openly 39% With some sense of discomfort 19% Only when necessary and then with an attempt to exclude the children 14% As though it were a taboo subject 2% Never recall any discussion 26% TOTAL 439 For nearly one-half of these students the first personal involvement with death was the loss of a grandparent; for one out of five, it was the death of a pet. Consider how different these lessons received by children of America's upper-middle class vary from those from the lower rungs of society's stratification order. For the former, death typically comes to the old--to those who have lived full and completed lives. For

Wednesday, November 27, 2019

5 Study Habits You Should Develop in College

5 Study Habits You Should Develop in College Studying isn’t the most fun thing you’ll ever do at college (that spot is reserved for Ultimate Star Wars Strip Poker). Still, if you haven’t learned how to study by the time you’ve made it this far into your educational career, you may be in big trouble. Statistics from the U.S. News and World Report say that as many as 3 out of 10 college freshman will drop out due to poor grades during their first year. In order to keep yourself from becoming a statistic, you need some study hacks. That’s why we’ve compiled the 5 best and most productive study habits you can develop before its too late. Remember, having a worry-free semester of straight A’s is much more fun than failing out and missing your calling as a Jedi Poker Master. Skip the Highlighting, Summarizing, and Mental Imagery Although these are things you’ve been taught to do since you were small, research published in Psychological Science in the Public Interest basically calls your 4th grade teacher a liar. The research says that things like highlighting texts, summarizing texts, and mental imagery of facts are some of the least effective study habits you can pick up. Other things to avoid are re-reading texts and using word mnemonics to memorizing a new language. Go the Distance The best studying is done in small bursts over a longer period of time. So, instead of cramming for an exam just before it hits, study in small increments every day. Not only is this easier on your schedule (you don’t have to give up a whole night of sleep), but you will retain the information longer, as well. Use Technology to S.O.A.R The recent study published in The Journal of Educational Psychology highlighted that technology is only as good as your study habits. Students who are using their computers to reread articles or drill information perform half as well as students who are using their technology to synthesize material in new ways. The author of the study, Ken Kiewra, says that the best students use the S.O.A.R method: Select key lesson ideas. Organize information with comparative charts. Associate ideas to create meaningful connections. Regulate learning through practice. Although this sounds like a lot of work, it’s actually not. By thinking more critically about your information through comparisons and connections, and incorporating small daily study sessions, you are building a neural network for your new information that allows you to access it quickly whenever you need it. Turn Off the Music While you might think that you study better with the music on, there is significant research that shows it can impair your recall of the topic you’re studying. Nick Perham, a professor at the University of Wales Health Sciences School, completed research that showed music – whether you like it or not – impairs your ability to remember even simple things. And, although music with fewer chord and musical variations (like classical music) impair memory less than Grunge Metal, neither is as effective as studying in a quiet place. Mix it Up This applies not only to types of things you’re studying, but to location. Scientists found in the Psychological Science in the Public Interest study that students who change up the kinds of review questions they do perform better on exams. For example, they study a math problem, then follow it up with a psychology question. In addition, if you vary where you study when you do a new type of review, your brain will â€Å"anchor† the new information better. So, try the couch, then the table, then your bedroom. When it comes time to recall the information, your brain will have a better time if it can recall a unique place, time, or position you learned it in. Studying is a huge part of your college life, but it doesn’t have to take up all of your time. With a little good advice and a daily dose of studying, you can be acing all of your exams quicker than you think. Just make sure that you are avoiding the time-sucking activities that don’t work, and use your study sessions in a way that keeps your information memorable and easy to access. Can you think of some more useful study habits? Tell us! We want to hear from you!

Saturday, November 23, 2019

How to Write What Is Truth Philosophy Essay

How to Write What Is Truth Philosophy Essay What Is Truth? General guidelines for composing a philosophy essay on ‘What is Truth’ Tips on how to start writing How to write an outline How to write a thesis for a philosophy essay on ‘What is Truth’ How to write an introduction Tips on how to write an introduction and thesis How to write body paragraphs Tips on body writing How to finish a philosophy essay on ‘What is Truth’ Tips on conclusion writing Tips on revision What is Truth? (Philosophy essay sample) General guidelines for composing a philosophy essay on ‘What is Truth’ To write a perfect essay, begin with a clear statement of the given inquiry (in this case, on ‘What Is Truth?). The inquiry should be stated. However, it is wise to give a reasonable statement in the first and second paragraph on how you intend on addressing the question and which approach of the question you intend to take. Secondly, state your position and defend your answer. Defend it with reason, arguments, and relevant information. Lastly, identify and formulate the strongest potential objection(s) showing its strength to refute your position. Tips on how to start writing Start by outlining how you want to argue. Your philosophy essay should demonstrate a logical progression of ideas making it easy for the reader to follow. Once your outline is determined, select specific words that will transmit your intentions to the reader. Substantiate your claims whenever you think your critics will not grant them. And when paraphrasing or quoting, always give credit. Indicate your indebtedness for general ideas, specific lines of argument and particular words. How to write an outline It can be challenging to start a paper with an outline primarily. Nonetheless, once one has written a draft, it is relatively easy to go back and outline it. An overview gives the writer a sketch of the paper and aids in work organization. Below is how the outline can be organized. I. Introduction (Include the problem statement and approachesb to be taken) II. Arguments/Reasons Argument/Reason 1 Support your point Argument/Reason 2 Support your point Argument/Reason 3 Support your point III. Strongest challenge(s) to your position IV. Arguments/Reasons showing why the strongest challenge does not make your reason incorrect V. Conclusion How to write a thesis for a philosophy essay on ‘What is Truth’ The sentence or short paragraph that stresses your stance on a particular issue, particularly, the position you will argue for in your paper is the thesis statement. To write a thesis statement, one needs to determine their position. This is done by thoroughly reviewing relevant course materials, evaluating and analyzing arguments on both sides and ultimately developing your take on the issue. It is exigent that you describe your thesis before you continue writing. This is because your thesis guides you throughout the entire writing process- everything you write should somehow contribute to its defense. How to write an introduction The introductory paragraph is the most important paragraph in your essay. It ought to be fifty words long or five sentences minimum. An introductory paragraph is written by first introducing the topic. Second, grab the reader’s attention (a hook). And third, have a solid thesis statement which holds three points you will discuss. Tips on how to write an introduction and thesis When writing an introduction, you need to: Say something unusual Do not repeat the title Ensure the introduction is brief Cite thoroughly but not excessively Refer to a problem or concern your reader might have How to write body paragraphs Naturally, body paragraphs develop the paper’s main idea in a series of paragraphs. To write a body paragraph, the writer’s chosen topic must be explained, described and argued. All main ideas written down in the outline make the body paragraph. Bear in mind; body paragraphs support, prove, and explain your paper’s thesis statement or argumentative claim. Tips on body writing Create an outline (to organize your ideas and maintain your focus on the central topic) Organize your paper so that each paragraph groups together similar ideas and doesn’t mix unrelated topics Conduct research Remember keywords Explain your argument’s significance How to finish a philosophy essay on ‘What is Truth’ One concludes an essay by summarizing their argument and restating their thesis. In the conclusion section, make an effort in convincing the reader that the thesis is established and a cogent argument is offered in its defense. Alternatively put, one finishes a paper by restating the main idea along with the thesis statement, summarizing the essay’s sub-points, and leaving the reader with an interesting final impression. Tips on conclusion writing To conclude your essay correctly, follow the tips below. Summarize the essay’s key points Ask an exasperating question Utilize quotations Call for some action Conclude with a caution Generalize (contrast with different circumstances) Suggest consequences or results Tips on revision Examine your essay’s balance Check your paper’s organization Check your facts (are they all accurate) Check your conclusion (does your conclusion tie the paper together) Utilize spell-check to correct errors What is Truth? (Philosophy Essay Sample) I. Introduction ‘Truth’ has many meanings, yet the most widely recognized definitions allude to a position of being in observance of reality or facts. There exist different paradigms, rules and criteria by which individuals’ critic the truth a statement professes to affirm. The issue is how individuals can be guaranteed that they are in observance of realities or facts when every human mind manipulates, falsifies and perceives what it chooses to interpret see, or hear. Possibly an enhanced description of truth can be an accord of a conclusion by numerous people regarding the realities and facts in question. II. Discussion Truth is unique to an individual. For me, feeling hungry is more truthful than 10+10=20. No truth can objectively be confirmed – factual or otherwise – plus the yardsticks by which humans classify truths are consistently subjective and relative. What people deem as true, whether in art, morality, or science, varies with the existing intellectual current, and is consequently established by social, technological, and cultural yardsticks of that given epoch. Ultimately, humankind is both unique and fallible, and whatever information we uncover, factual or not is revealed by humanity’s’, finite, predetermined mind. The nearest truth is one where we have reached consent because of our social conditioning and related educations. For this reason, truths frequently don’t exchange among cultures. This idea is closely linked to ‘conceptual relativism’ – a far-reaching progression of Kant’s knowledge which asserts while studying a language we discover new ways regarding worldly interpretation, and hence, speaking another language inhabits a separate prejudiced world. I believe our characterization of truth should be increasingly versatile than Descartes, Plato or other philosophers. To me, the pragmatic theory of truth hits home. It affirms that truth is whatever is fitting; if another new idea is more fitting, it becomes truer. This theory is one Nietzsche almost accepted. There being no objective truth frees us to create our truths. In citation to Sartre’s existentialism, individuals aren’t confined by objectivity; instead, the absences of immutable, unending, truths enable us to formulate ‘truth’ for ourselves. I believe ‘Truth’ is personal. Your truth and my truth share no basic pertinence to each other. Since truth is personal and cognitive, it does play a more decisive and unique position in giving life significance; I am liberated to select my truths, and thus, I frame my life. Without cognitive truth, self-determination is non-existent. III. Conclusion So, to the apparent comprehension that the phrase â€Å"truth† is hugely ambiguous, great care should be taken to eliminate ambiguity in arguments concerning truth.

Thursday, November 21, 2019

Capitalism Is a Force for Social Progress Essay - 1

Capitalism Is a Force for Social Progress - Essay Example Technological development in the modern world is as a result of funding from capitalist entities which have ensured that there is technology for everyday needs. People in society today cannot do without technology because the latter allows their lives to become easier since they are able to put in less effort in order to conduct everyday activities. The swift technological development that has been seen in recent decades would not have been possible without the investment of capital since this is the motivation behind individuals becoming innovative (Goldstein and Lee 2005, p.212). In most circumstances, it is the possible financial incentives as well as the need to improve on current technology that has spurred individuals to develop an even better technology. Through the efforts of these individuals, the investment that is made in their projects and their hope of gaining a profit from their inventions encourages individuals to create technologies that are useful for the whole of so ciety. In this way, capitalism has contributed to social progress because it has enabled the development of technology that is put into use by billions of people every day. This is a circumstance which would not be possible in any other economic system, especially communism because the incentive to advance technology would not be there since, in the latter economic system, individuals do not gain from what they invent. Only under the capitalist system do individuals have the right to private property and this gives them the freedom they need to become innovative. Â  Capitalism has been credited with enabling individuals who come from relatively poor backgrounds to advance in society and this has encouraged people to work hard as a means of securing this advancement.