Housing Industry Research Essay Example for Free

Housing Industry Research Essay People would often refer to real estate and housing industry as the best way to build up riches, or possibly the best, easiest and fastest way for anybody to get rich. Most of the time, the terms real estate industry and housing industry are being used interchangeably by people, not knowing the very basic distinctions between the two terminologies. Real estate industry more formally refers to the industry that focuses on simply buying and selling real estate properties. Whereas, the housing industry is more concerned on developing and incorporating improvements to a real estate property. Basically, those that are in the real estate industry are doing much more of retail business, while those in the housing industry are doing much more of service and nonetheless, research, design, and manual work. The housing industry is the industry which is primarily concerned in building and developing houses and housing designs for private individuals, for government housing projects and for a local community. Moreover this is also the industry which provides the basic materials such as the building materials, and hard escape materials for a housing project. When you drive or ride through a community, the variety of architecture often reflects some of the history of the community or the locality. Architectural styles of the past are illustrated in the older neighborhoods but also influence the styles of homes built today. In a community, the housing industry is the one which is mainly concerned in all these. For most communities, there is only one housing industry which can be regarded as the main housing industry of the community. This can be a company, or a group of companies that would generally dominate all the housing projects within the locality, be it a private housing project or a housing project from the government. Mostly, these housing industries would dominate the landscaping industry, hard escape industry, and the hardware, building equipments and materials industry as well. Since most people believe in the logical trend that as one industry goes up the black, a counter industry would fall down the red; this would lead many to believe that the immediate spike in the information technology and communications industry would leave other industries such as the real estate industry and housing industry, to experience its most protracted slump for several years. This is actually the opposite of what’s really happening in the economy, for many years, the housing industry has remained as one of the most stable industries all over the globe. Indeed the housing industry has had its share of downs and suffered greatly from economic destabilizations, inflations and other economic fluctuations, but in spite of all these, it has retained itself as still one of the most promising, and stable industry. With nearly 17 million new conventional homes added over the past decade, the home building industry continues to set new records and standards. In 2005 alone, single-family starts exceeded 1. 7 million—far and away the largest number ever. Thanks to a stable economy and low mortgage interest rates, the home building industry has not seen a significant downturn since the early 1990s. This undeniable stretch of strong, stable growth in the home building industry has ushered-in a period of prosperity for major builders and supported a wave of mergers and acquisitions within the industry. In the early 1990s, the top 10 builders in the country accounted for less than 10 percent of all conventional new single-family home sales. By 2004, their share had risen to over 20 percent in most major metropolitan areas; larger builders hold an even greater market share. There are three major reasons for the dramatic increase in the scale among the home builders. The change in the access to capital is one of these reasons. After World War II, the savings and loan industry was the principal source of capital for the home building industry. With the collapse of many of these institutions in the late 1980s, builders had to turn to other sources of financing. Banks and private funds companies have thus, stepped in to fill the need for capitals and investments. These funding companies gave an edge to the housing industries since their presence meant easier access to capitals. Another reason is the change in the land use regulation. More and more communities are restricting residential development in an effort to manage growth. As a result, the development process in many locations takes longer than it once did, with land assembly and entitlement typically more complex and costly. This again creates a premium for scale of operations, since smaller builders often lack the resources to work with local officials over extended periods to secure the necessary approvals. The third reason is the change in economic environment. This has favored large-scale home builder industries. The strong economic environment for home construction over the past decades has ushered a stable growth and low mortgage interest rates that have prevented a major recession in the home building industry since 1991. This combination of market conditions has produced stunning increases in top-line growth and bottom-line financial performance for large home building companies. Between 1999 and 2004, builders of 500 units or more each year realized inflation-adjusted revenue growth of 135 percent. In addition, their gross margins on homes sold and net income each increased about 4. 5 percentage points. With industry consolidation have come new opportunities. To increase their scale and overall capabilities, larger-scale builders have incentives to reinvest in their operations by adding information systems for estimating, scheduling, and purchasing, or investing in panel plants to save time and costs in the construction process. With such investments, larger home builders continue to improve their operating performance, at a much faster rate relative to smaller builders. Better performance encourages even more builder consolidation, which in turn produces even greater scale economies, creates more incentives for investments to leverage these opportunities, and so on. This cycle would dictate further consolidation and greater efficiency in the home building industry in the years ahead. When asked to name the single most important reason for their recent financial performance, over half of the corporate-level survey respondents attributed their success to strong housing market fundamentals, and nearly a third cited their land assembly strategies. Another 13 percent considered improved customer satisfaction the key to profitability. In sharp contrast, few respondents attributed their success to shorter construction cycles, savings on product purchase, man power, on-site construction costs, and other operational efficiencies. Still, evidence of operational improvements does exist, particularly within the divisions of national and international home builders. Although their homes have become bigger and have incorporated higher-quality materials in recent years, national and international home builders have been cut the construction time to minimal, keep cost increases at modest levels, and significantly improve customer satisfaction scores, in parallel to improvements in the quality of finished products. Local divisions of regional builders have been less successful in improving the efficiency of their operations. Improvements in home building efficiency were the most common results from the implementing of innovative operating practices. Studies from Harvard have cited four general types of operating practices that homebuilders especially those at large scale, have used to their advantage. 1. Coordination with subcontractors. Subcontractors are typically the ones who purchase the materials used in home building, making payments to contractors a major expense category for homebuilders. Innovative builder practices in this area include initiatives such as making scheduling information easily accessible to subcontractors, automatically notifying subcontractors of schedule changes, and frequently updating the job site production schedule. As a result, increased efficiencies in the building process and lower production costs is maintained. 2. Component preassembly. Preassembling major components such as roof trusses allows greater precision in manufacturing and often provides cost savings by substituting semi-skilled off-site labor for skilled on-site labor. The preassembly process is also more efficient when done off-site, thereby creating the potential for shorter construction cycle time, and even so, smaller labor costs. 3. Supplier installation. In many product categories, builders have begun to purchase installation services from the manufacturers or distributors. Supplier installation helps to limit product disputes over the source of any problems. In addition, this practice can reduce construction labor needs since product manufacturers and distributors typically serve broader geographic areas than subcontractors. 4. Supply chain management. Supply chain management covers a broad range of practices from price negotiations for products and value-added services to the implementation of information systems to support purchasing and inventory management. Supply chain management is an area where scale economies give larger builders an obvious edge over their smaller competitors. Innovative operating practices help large home builders not only run their operations more efficiently and use their market power more effectively, but also better manage risk especially financial risks and risks in operations. Builders have reduced their exposure by controlling more land through options, joint ventures, and other approaches that keep land costs off their books until they buy the entitled lots. In this way, builders only incur these expenses close to the time of construction. With more efficient operations and better management controls, large builders typically do not begin construction until a home is pre-sold. Across builders surveyed, 73 percent of all homes closed in 2004 were sold before construction began an increase from 70 percent in 1999. National builders pre-sold over three-quarters of homes closed in 2004, while regional builders pre-sold about two-thirds. Larger builders have incentives to adopt innovative operating practices because they have the market power to implement these efficiencies and can leverage the benefits across a broader range of operating divisions. The financial payback for these improvements, however, depends greatly on conditions in the local market. Over the past years, consolidation of the home builders has dramatically changed the home building industry. In addition to improved financial performance, the adoption of innovative practices and methodologies related to product distribution and assembly line and development, has improved the operational performance of large builders along such dimensions as construction cycle time, efficiency of the building process, stability, style, and overall quality of structures, and customer satisfaction. In generating these efficiencies, builders have helped to streamline processes throughout the entire homebuilding industry. Home buyers have also benefited in parallel to the home building improvements. More efficient builder operations have kept construction costs low and customer satisfaction levels high, allowing builders to offer more model home options and more product choices without any corresponding increases in prices. In addition, greater efficiency has enabled builders to pre-sell more homes, which in turn has reduced the risk of overbuilding, and thus reduced the risk or putting the company financial trend line on the red. By keeping supply in line with demand, home builders have helped to bring greater stability to house prices, since overbuilding has historically been a principal cause of house price declines. Whether these improvements will continue as market conditions change remains to be seen. One encouraging sign is that operating efficiencies, as opposed to financial performance, have increased most in more competitive markets. If the housing market weakens in the years ahead and competition increases, larger builders still have the potential to improve their operations and maintain their strong financial performance. In communities where demand is strong but residential development opportunities are limited, house price appreciation tends to be high. In markets where price appreciation is low, land is generally more accessible and builders face fewer barriers to entry. As a result, construction activity can respond very quickly to changes in demand. As market conditions shift, however, builders can get caught with excess inventory, which drives down area-wide house prices. In these markets, builders must run their operations efficiently to remain profitable. In high-appreciation markets, demand for new homes is generally greater than the number of homes that can be added under existing land use and building regulations. This limits the risk of rapid overbuilding. Given that it takes more time and resources to build in these markets, higher barriers to entry and higher land costs push up the average price of homes sold. Builders working in these communities generally put a premium on their land acquisition and development strategy. Since they are often able to achieve higher margins on homes sold in these markets, they may put less emphasis on operational efficiencies. The market conditions that have helped to create a more efficient home building industry over the past years have also, in turn, favored the housing consumers. A more stable economy, with more muted cycles and low inflation, has produced some of the lowest long-term interest rates in a generation. Low interest rates, together with low unemployment rates, have also provided greater financial security for many citizens and thus given them more initiative to build their own households or improve their current household. Internationally, house prices have raised an average of 127 percent since 1990, with nearly half of this increase coming since 2000. Until recently, economic cycles interacted with housing cycles to produce tremendous volatility in home prices. From 1975 to 1993, house prices rose more slowly than overall inflation in 10 of the 19 years, or over half of the time. In each of the 12 years since 1993, however, house price appreciation has exceeded the pace of inflation. Builders that have already adopted more innovative practices have clearly profited from their investments. New practices related to product distribution and assembly has improved the operational performance of large builders, particularly in terms of construction cycle time and customer satisfaction, and thus greatly increasing their profits. Although being in the housing industry has a lot of economic advantages it is undeniable that there are still various external, economical, factors that can negatively affect this industry. A low economy, and low living standards, would most likely correspond to a decrease in the demands for housing industries. Natural disasters and calamities such as earthquakes, floods and typhoons that would occur at an unfortunate time, would leave home builders hanging in the deadlines for finishing their projects, since building cannot continued during such occasions. Generally speaking, the housing industry reflects the type of economy in a given region or locality. A region with a high economic state, low inflation, and high monetary value would most likely have a high level of housing industry in turn. The houses in the said region would also be of high quality; however, man power for construction would also come at higher rates at such an area. A stable economy in terms of monetary value and inflation would be the most ideal economy for a successful housing industry. Even high-performing builders still have the potential to make more improvements. Given that their strong financial performance has largely resulted from their leading land positions in booming housing markets, builders just have not to focus on implementing innovative practices and on maximizing operational efficiencies. Larger builders are those that would especially benefit from focusing on efficiency. Local builders with closings of 10,000 homes or more in 2004 reported implementing only half of the common innovative practices, while the divisions of builders with sales of 2,500 to 10,000 homes implemented less than 40 percent of the innovative practices. There are many valid reasons why implementation has been relatively weak. The corporate offices of larger builders report above-average development of innovative procedures, but implementation at the division level has often lagged. With the increase in the number of acquisitions in recent years, many of these divisions have only recently come under management of the acquiring builder and may thus need additional time to implement new systems and procedures. Furthermore, given their strong financial performance in recent years, corporate offices have less incentive and reason to develop new procedures for their local divisions, and local divisions have less incentive and reason to implement such changes. Whether builders will seize these opportunities remains to be seen. One encouraging sign, however, is that operational improvements have increased the most where house price appreciation is relatively low and no one builder dominates the market. If the house building industry weakens in the years ahead, house price appreciation is likely to slow and more builders are likely to compete within individual markets, these are exactly the conditions that lead to the development and implementation of operational improvements made in recent years. This means that a crisis such as the weakening of the economy leading to the weakening of the housing market, although has its undeniable negative effects in the housing industry, on the positive side, it would somehow force the home building industry to continuously and further develop and implement more and more innovations in their systems. Nonetheless, this would consequently lead to further innovations and efficiencies in the home building industry, and thus more high quality and affordable choices of homes for the consumers. References What’s next for housing industy CIOs. Retrieved April 20, 2008, from http://www. cio. com/article/134004 Seiders, D. F. (2006, September 19). Housing economics. Retrieved April 20, 2008, from http://www. nbnnews. com/houseecon/issues/2006-09-19. html Milt N. (2005, April 27). Housing market crisis threatens economy. Retrieved April 20, 2008, from http://www. workers. org/2005/us/housing-0505/ Schoen J. W. (2007, June 19). Housing industry still looking for the bottom. Retrieved April 20, 2008, from http://www. msnbc. msn. com/id/19311316/ Buban C. E. (2007, December 22). Housing developers and current industry trends. Retrieved April 20, 2008, from http://showbizandstyle. inquirer. net/ lifestyle/view_article. php? article_id=108293 Zito K. (2006, June 16). Billions to state from housing. Retrieved April 20, 2008, from http://www. sfgate. com/cgi-bin/article. cgi? f=/c/a/2006/06/16/BUG77JER951. DTL Housing slump reflects worsening economic crisis. Retrieved April 20, 2008, from http://en. internationalism. org/inter/144/housing-slump A new paradigm of the housing industry. Retrieved April 20, 2008, from http://www. meti. go. jp/english/newtopics/data/nBackIssue20080408_01. html Brief overview of the housing economy. Retrieved April 20, 2008, from http://www. oppapers. com/essays/Brief-Overview-Housing-Economy/116741 Barry S. Housing industry, subprime loans and mortgage woes: how serious is it? Retrieved

Chaucers Irony - The Canterbury Tales Essay -- English Literature

Chaucer's Irony - The Canterbury Tales Chaucer's Irony Irony is a vitally important part of The Canterbury Tales, and Chaucer's ingenious use of this literary device does a lot to provide this book with the classic status it enjoys even today. Chaucer has mastered the techniques required to skilfully put his points across and subtle irony and satire is particularly effective in making a point. The Canterbury Tales are well-known as an attack on the Church and its rà ´le in fourteenth century society. With the ambiguity introduced by the naà ¯ve and ignorant "Chaucer the pilgrim", the writer is able to make ironic attacks on characters and what they represent from a whole new angle. The differences in opinion of Chaucer the pilgrim and Chaucer the writer are much more than nuances - the two personas are very often diametrically opposed so as to cause effectual irony. In the Friar's portrait, he is delineated and depicted by riddles of contradictory qualities. Chaucer expertly uses ironic naivetà © to highlight the Friar's lack of moral guilt. When the reader is told that the Friar, "knew the taverns wel in every toun" (l. 240), we can take it to mean that he spends very much time drinking, flirting and socialising in pubs. The Friar is superseded to be a holy man, but we see that he knew the landlords and barmaids much better than the people he has meant to be consoling, praying for and helping out of the vicious circle of poverty. Chaucer the pilgrim explains how impressive the Friar's generous charity is and has respect for the way he marries off young girls with suitable husbands and pays for the ceremony. However, he neglects to mention that the only reason the Friar does this is because he has illegi... ...Of course, Chaucer the pilgrim simply sees this as being elegant and sophisticated. Throughout The General Prologue we see how Chaucer the pilgrim has been swayed and convinced by what the other pilgrims tell him. So much so that he reports qualities that are often the opposite of the true personalities of the characters he is describing. This ambiguity reveals a very clever sort of irony on behalf of the writer - while Chaucer the pilgrim is easily drawn in by their deliberate misrepresentations, it is up to the readers to see how wrong he is and draw their own, more accurate, conclusions. It shows many of the pilgrims to be very different people than those symbolised by the ideal qualities they want others to see. This astute technique is particularly effective in pointing out the hypocrisy and corruption in the Christian Church during Chaucer's time.

Effects of Globalisation on Economic Growth Essay

Discuss the effects of globalisation on economic growth and the quality of life in the Chinese economy. Globalisation is the progression towards a growing assimilation between different countries in order to gain a single world market. It strongly encourages overseas trade, the removal or the reduction of trade barriers to increase economic growth and development. Globalisation ultimately presents to everyone a world which is increasingly liberalized and market-orientated. Associated with globalisation there is increased and intensified competition and greater interdependence among countries. In numerous ways China has taken this opportunity and used it to its full advantage which has enhanced economic growth and significantly improved the quality of life. China’s influence in the world economy was minimal until the late 1980’s but we are now seeing China being one of the most independent countries and leading the manufacturing producing market. China started with a fragile economy with minimal infrastructure from frequent revolutions and invasions in 1949. In the early 1980’s, China’s economy was still extremely weak as a result of its inward looking government system of a socialist planned economy under the Mao government. This resulted in living standards below world averages and economic growth at nearly zero. China has risen from the edge of economic obscurity to lead the world in terms of economic growth, and this is done is just over a quarter of a decade. The People’s Republic of China has transformed from a planned economy into a socialist market economy and is now the world’s second largest economy to the USA being number one, by nominal GDP at $7.3 trillion and by purchasing power parity (PPP). â€Å"Pay attention to what’s going on in China. â€Å" – Jeff Mbanga – The Observer. China is the world’s most rapidly growing economy with their growth rates averaging 10% in the past 30 years. In the past decades there has been a significant increase in international trading and investments flows due to globalisation. This has led to high levels of economic growth. It was unusual in the 2007-08 Global Financial crisis how an industry was maintaining an average economic growth rate of 8.5% per year. In addition to  this China’s trade with other nations has expanded 16 times more. This is occurring due to their extremely low prices which are highly competitive and pleasing to the developed western world. Although with the recent European Sovereign debt crisis â€Å"Growth in China has slowed, but to a rate that remains the envy of the world, while Chinese industry continues its march onto the world stage.†- Time magazine. China’s financial system which is often regulated has promptly expanded due to monetary policy becoming increasingly fundamental to its complete economic policy as a result of globalisation. The outcome of this has resulted in banks distributing an increase in finance to its enterprises for investment, deposits for liquidity and also loaning money to the government which maybe then reallocated in providing infrastructure. The most significant result of globalisation has been the development of China’s import sector and has allowed the nation to become the second largest exporting economy in the world. The large export sector of extremely low cost goods and services has manipulated the trade currents of the world. Through China’s growth it has developed a stable-body of trading partnerships with raw material producers. An example of this is with Australia where 40% value of all products exported is worth around $40 billion. China is buying these raw materials to accommodate its largely growing urban-mega-cities and industries to produce new goods and create more low-cost goods and a more intensifying complex form of trade. Through constant trading globally, this has increased the aggregate demand. As of 2011 foreign direct investment (FDI) has exceeded from $US.100 billion in 2010 to $US.116.10 billion. This has occurred through the private and public growth in mining, construction trade and finance. This globalisation impact has also seen a shift in the population from rural areas to urbanised cities. This has led to a decrease in agricultural produce and an astonishing increase in industrial goods and services and alleviated a substantial amount of China’s absolute poverty. The Chinese government has embraced a series of strategic policies to address the challenge of economic globalization. These strategies started in 1978 after Chairman Mao’s self-sufficient economy plan. China began employing several reform strategies to enhance growth. This included stimulating the agricultural sector to allow them to sell a percentage on the free trade market yet hold a competitive position. In addition to this  citizens were given money incentives and tax breaks in order to start new businesses and allocated regions were created to encourage high levels of investment, increase exports and increase technology levels. Other reform strategies included Deng Xiaoping’s the rearrangement of the economic structure by increasing the development of the high technology sector and moving away from the agricultural sector; transformation of the pattern of economic growth by increasing power in IT education and sustainable development as well as additional progress of the outward-oriented economy by implementing â€Å"come in† and â€Å"go out† strategies. This is where the government encourages its enterprises to invest overseas. This has been demonstrated in Australia where Chinese investors have bought farming land and are now operating that land and are taking that product back to China. Also, the government consolidated reform in State Owned enterprises ( SOEs) and government administration with a view to establish a governing mechanism in compliance with international rules and practices. These policies noticeably ease China’s integration into the global economy and have proven effective as of 2010 where almost 50% of the total population was urbanised. It took only 22 years to increase from 17.9% to 39.1%; this was the same increase which took Britain 120 years. Similar to the â€Å"come in, go out† strategy. Chinas government has applied the promotion of overseas direct investment (ODI) allowing them to invest in the large pool of foreign currency. This strategy is fulfilling their economic growth mentality and development strategies. It was 2000 when China forwarded the ‘Go Global’ strategy which encouraged firms to invest overseas. Its objective is to utilise foreign exchange reserves to purchase or buy shares in foreign firms that seem profitable. Rather than building the foundations of investment in domestic firms, China has wanted to promote the development of internationally recognized brands such a Lenovo Group Limited which has its operational headquarters in Morrisville, North Carolina, USA and its registered office in Hong Kong. These reform strategies saw an upturn in economic growth rates to 9.8% annual average over the following years with this growth almost doubled from the pre-reform 5.3% shown in Figure 1. This created an influx of employment and income thus increasing the overall living standards of the economy. Foreign Direct Investment utilisation (come in and go out strategy) saw an increase of $2 billion to $92 Billion from  1985-2008 shown in figure 2. By utilising the globalisation transformation it allowed China to become exposed to global markets and increase trade and the profits made from globalisation. Figure 1. Economic development recognises both a quantitative growth measurement and important qualitative measures. A developing country is a nation with a low living standard, undeveloped industrial base and low Human Development Index. For a country to be classified as developed they have to fill a certain criteria. This includes a number of areas such as the GDP per capita, Safe water, Malnutrition, the number of poverty related deaths (malaria), Infant mortality and life expectancy. The Chinese government has grown concerns in these specific areas. In China the Human Development Index (HDI) has risen from 0.404 in 1980 to 0.682 in 2011. They are ranked 101st out of 187 countries with comparable data. The HDI has been on a steady increase since then, in 1990; 0.490 and 2000; 0.588. This shows that their overall standards of living have improved; other statistics show that their life expectancy: 73.5 years and at 0.843 out of 1; Education is at 0.623 with a compulsory 7.5 years of schooling whilst Australia is 0.981 with 12 years of schooling. This is due to policies similar to the reform of the health care system in 2005 where only 20% of the health care services would be in rural areas. This has seen China invest US $2.4 billion to rebuild rural medical centres composing of village clinics and hospitals. With relations to educational spending China has increased its spending by 20% in consecutive years since 1999 and now exceeds $100 billion. The reason China is outlaying an excessive amount of money it will build a more stable and productive population by producing skilled workers. This investment has seen a relief of absolute poverty declining 25% in rural areas. Shown in figure 3, the GDP per capita has increased drastically in 18 years which has allowed the standard of living to increase. China is still a developing country. Its service sector is relatively small and weak in comparison to its other sectors in the country and its counterparts in other countries. In addition to this in 2006 the eastern region covering 10% of  the land accounted for 55.7% of China’s GDP. Due to this uneven distribution of income this will decrease standards of living in other areas and major class seperation. â€Å"China has long been criticised for its incredibly uneven distribution of wealth.† Figure 4 highlights the success of the stimulating strategies as leading economies such as Germany and the US both experienced negative growth over the course of the Global financial crisis. The major cause for this is due to the Chinese government artifically stabilising the exchange rate to constantly produce cheap products. It was at this time that these cheap products continued to be sold to larger countries to fulfill their aggregate demand and thus China continued developing.Though with the US and Europe are in a substantial amount of debt, this has slowed the production with the Chinese production. It is said, if â€Å"China is to sneeze the whole world will catch a cold† Figure 3↑ Figure 4↓ With the extensive economic growth and the development the environment has been completely neglected as China concerntrates on its escalation in the economic world. Economic development officials often overlook envoronmental pollution, worker’s health and safety and simple public health in priority to enhance the living conditions of those in the area. The impact which china has had on its environment is illustrated through the excessive quantity of air pollution with 1% of the 500million; and growing, people who inhabit the cities. Although the breathing air is deemed safe by the European Union (EU), 1/3 of children are suffering from elevated blood levels as a result of the air quality. (Refer to picture 1.)Picture 1shows smog which is serious harm to health. It is a combination between smoke and fog and can inflame breathing passages, decrease the lung’s working capabilities, cause shortness of breth and pains whilst breathing. Regardless of these statistics China has spent $34.6 billion on clean energy and are now the leading investor of renewable technology. China is also the number one producer of carbon dioxide emitter and with conjunction to inda being the 3rd largest they account for 30% of the world’s emmisions. In conclusion globalisation is based upon nations becoming more integrated and reducing the trade barriers between nations. Although by increasing trade  this makes some countries dependent upon imports to create revenue by consumer consumption rather than utilising their comparative advantage. While by being so interdependent upon each other this will allow economic changes to ripple through and impact on other countries. Globalisation has obviously encouraged the majority of China’s accomplishments in assimilating into the global economy. The policies implemented have flowed through the economy and is showing signs of economic growth and quality of life in a number of areas. These policies will continue to promote economic growth not only for the temporary fixations but will be drawn-out for years to come. Through constructive motivation China is now moving towards clean energy usage, environmental sustainability and increasing the health of the nation and will soon be labelled a developed economy. Chinese economy essay Bibliography http://www.chinadaily.com.cn/china/2012-10/29/content_15855250.htm 30/10/12- 12:44, Updated: 2012-10-29 21:18 http://en.wikipedia.org/wiki/Economy_of_the_People’s_Republic_of_China 30/10/12 12:54, last modified on 28 October 2012 at 17:41. http://www.economist.com/blogs/freeexchange/2012/10/rebalancing-china?zid=306&ah=1b164dbd43b0cb27ba0d4c3b12a5e227 7/11/12 – 10:11 am, Oct 20th 2012, 12:11 by S.C. | The Economist http://business.time.com/2012/11/07/can-chinas-new-leader-prevent-an-economic-crisis/ 8/11/12- 1:50 pm, Nov. 07, 2012 – Time Magazine http://www.google.com.au/imgres?um=1&hl=en&sa=N&biw=1366&bih=677&tbm=isch&tbnid=4kyBsA9wIHlN9M:&imgrefurl=http://blendedpurple.blogspot.com/2010/08/consumption-rate-china-gdp-1980.html&docid=PQa1gLnb9LbE6M&imgurl=https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQ4CBkZ9mC91ymw3891B1Ze0kBuFGX_b9lhAZ-nPWJ4t_rlllwbaiqwXaa-4YHUMC5VJ3PSo0O_2ceTs762z_7HTOgiXERINJEvJnT8Zee75Omsym2HBeDb3Eg3S4KAar5GV03cY_LC_sv/s1600/A006%252Bcopy.jpg&w=933&h=545&ei=mBmkUPrWFqqgigeq74G4Ag&zoom=1&iact=hc&vpx=381&vpy=159&dur=5207&hovh=171&hovw=294&tx=125&ty=76&sig=108432953463892850089&page=1&tbnh=131&tbnw=248&start=0&ndsp=20&ved=1t:429,r:1,s:0,i:72 9:27am 15/11/12, August 2 2010-NA http://news.xinhuanet.com/english/china/2012-01/18/c_131366513.htm 16/11/12-9:26am, English.news.cn 2012-01-18 10:35:11 http:/ /en.wikipedia.org/wiki/Go_Out_policy 2:07pm 18/11/12 last modified on 13 February 2012 at 22:36. http://en.wikipedia.org/wiki/Lenovo#History

War Over What We Eat - 1576 Words

Ryan Lee Professor Eugene Francis III English 1102 16 November 2014 War over What We Eat Introduction/Thesis Genetically modified organisms (GMO) are an organism whose genome has been engineered in the laboratory in order to favor the expression of desired physiological traits or the production of desired biological products according to the Encyclopedia Britannica. In grocery stores in the United States, as much as 70 percent of the processed food may contain genetically modified organisms. The same cannot be said for the European Union, who has much tighter regulations regarding the planting and end use of genetically modified (GM) foods. There is a worldwide debate over the safety and benefit of genetically modified organisms and whether they should be allowed on the dinner table. History In October of 1992, the US Department of Agriculture authorized a petition to allow Calgene Inc. to proceed with the commercialization of the Flavr Savr Tomato. By 1994 the genetically engineered tomato was the first of its kind to reach U.S. grocery stores. China had already been producing other transgenic products such as tomatoes and tobacco. This tomato was eventually removed from market for lack of interest but it started the landslide that is the face of today’s farmland. History 2/Monsanto The beginnings of the biotechnology and gene transfer therapy in plants started with a chemical company, Monsanto, and their lead scientist Ernie Jaworski. In 1979 Monsanto andShow MoreRelatedEssay787 Words   |  4 Pagesparents in New York in my dads old apartment.The Great War has ended and my dad is going to be home in a few months and I cant wait for him to be back.I have had to support my family while he was gone to war I had to quit school and go to work and earn money to help feed all of my brothers and sisters.When my dad returns from war my birthday will be two days after it will be the best present I have ever gotten.When my dads got sent off to the war he gave me a steel cross and told me to keep for a timeRead MoreYou Ar e What You Eat By Michael Pollan1385 Words   |  6 Pagesâ€Å"You are what you eat† is a famous quote said by French physician Anthelme Brillat-Savarin. If this were to be true we would be walking talking corn people according to Michael Pollan’s book the Omnivores Dilemma. In his book he tried to answer a question so simple yet complex :†What should I have for dinner?† At first glance this question can be very simple basing solely off personal experience yet when truly looked at you have more questions you have to ask yourself;How many calories are in thisRead MoreBiologically Enhancing Soldiers1158 Words   |  5 Pagesimplants, and exoskeletons may be upending the ethical norms of war as we ve understood them.I first saw in the movie, Captain America.The only difference now is that this possibility is slowly becoming a possible reality. The possibilities are endless by doing this to soldiers, whom are willing of going thru the process. From having so ldiers that don’t need sleep or only need to eat 1 MRE ( Meal Ready to Eat) a week. Almost any idea we could think of in biologically improving a soldier, could actuallyRead MoreThe Korean War On North Korea1428 Words   |  6 Pagesgoing on for over a century, but they still have not overcome it. Freedom is stripped in North Korea and people can not choose what they want to do because they could be killed. Immigration happens in North Korea, because of starvation, a drought that s been going on for a century, and a lack of freedom within the country. North Korea has had a long history of dictators who cause people to leave migrate to another country, some ending up in South Korea, or China. The Korean War shifting peopleRead MoreReview Of Don t Blame The Eater By David Zinczenko955 Words   |  4 Pagesus with nutrition, but when is the nutrition considered too much? We live in a world where fast food is accessible at almost every corner. Why cook tonight when you can grab a burger for just a few dollars. A lot of families have parents that both work full time jobs. Sometimes it is an easier solution to grab a fast food family meal than to come home, cook, and clean the kitchen. I can personally vouch for that statement. But, over time those calories add up and can cause medical issues. A lot ofRead MoreForks Over Knives By Lee Fulkerson942 Words   |  4 Pages Forks Over Knives, directed and written by Lee Fulkerson, examines the profound claim that most, if not all, of the degenerative diseases that afflict us can be contr olled, or even reversed, by rejecting our present menu of animal-based and processed foods. This film follows multiple doctors and their experimental process of attempting to understand the connection between the human diet and the many human ailments that occur in the world. Forks Over Knives creates a very persuasive case for eliminatingRead MoreEnglish Response1545 Words   |  7 PagesIt also became a routine each week to go out together and eat. She started to look forward to each outing she had with her dad, which instantly brightened up her day. Food allowed him to take her out and not loose touch with her since he didn’t live with her. It showed that he still wanted to have some type of relationship with her and not just become acquaintances with each other. Because of the strong relationship he built with her over the years, it lead to still being in touch with each otherRead MoreBill Sitkin. Professor Whitesitt. English 101. February1681 Words   |  7 PagesSitki n Professor Whitesitt English 101 February 16, 2017 We Are What We Eat ‘The nutritional content of what we eat determines the composition of our cell membranes, bone marrow, blood, and hormones. Consider that the average adult loses roughly 300 billion cells to old age every day and must replace them. Our bodies are literally manufactured out of the food we consume.’ Katz, Prevention Magazine 2010 (1) Basically - we are what we eat! Eating clean food or foods that are minimally processedRead MoreTikki Tgii Movie And Movie Analysis836 Words   |  4 Pagesbetween the two stories, such as the food Rikki-Tikki-Tavi ate in the movie versus the novella, him having a war cry and a motto in the book, however, not a war cry, but a motto in the movie, and what Rikki-Tikki did while exploring the house in the book versus in the movie. First, in Rikki-Tikki-Tavi, Rikki-Tikki ate different food in the book than in the movie. In the book, Rikki-Tikki eats a raw piece of meat for dinner and banana and a boiled egg for breakfast. This is shown in the book. The bookRead MoreThe Relationship Between Humanity And The Divine1423 Words   |  6 Pagesproblem to us as a species. Questions such as the following: What is the proper relationship between individuals and society? What is beauty, and why is it important? Is there purpose in human existence?, and many others have caused enough trouble in humanity’s short existence on the earth to cause a near identity crisis. However, all of these questions fall under the shadow of the main question that has been asked since the creation of Adam- â€Å"What exactly is the real relationship and purpose of humanity