We Should Skydive To Work :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Standing in the doorway of the plane I still felt grounded. The equipment weighed heavily on my back, the floor pressed against my feet, and the straps pulled on my legs and shoulders. Looking down the only thing I saw was the world in a collage of colored dots as I made sure I spotted my target for landing. My phobia of heights and flying suddenly hit me like a railroad train. I could feel my heart beat from all parts of my body. Gradually, my fears turned into excitement as I longed for the freedom of flight, I leapt. Touching nothing but air I felt the exhilarating rush of adrenaline as I soared through the sky at 120 miles per hour. I was in control. My every nerve tingled with excitement. That smooth collage of color miles below may be where I lived but this was where I was most alive! For sixty seconds of eternity I was completely free of all worldly concerns; it was just me and the sky. Skydiving is an activity and sport in which people jump out of an aircraft, alone or in groups, and land by using a parachute. Because of the sensation of leaping into the air and free-falling some distance before opening their parachutes, skydivers usually experience a rush of adrenaline and then a peaceful sense of well-being. This feeling of calm lasts long after they land on the ground. Before feeling that calm however, my mind was like many people’s out there, and I could not understand why I had convinced myself to jump out of a perfectly good airplane. I assumed that only reckless stuntmen skydive, and that it was the most dangerous thing a person could experience. Now that I have actually jumped out of a plane, I can easily disagree with the doubts of non-skydivers. Although skydiving may be seen as dangerous or even careless, it is actually one of the safest extreme sports, even researched to be safer than driving a car. Why do people see skydiving as particularly dangerous? First of all, be honest: It’s not bowling. A skydiver, after all is jumping out of an airplane and hurtling 12,000 feet towards the ground at 120 miles per hour. The most common reason why people see skydiving as so dangerous is because it is a popular phobia among people. Acrophobia, or the fear of heights, is one of the top phobias in the world. We Should Skydive To Work :: essays research papers   Ã‚  Ã‚  Ã‚  Ã‚  Standing in the doorway of the plane I still felt grounded. The equipment weighed heavily on my back, the floor pressed against my feet, and the straps pulled on my legs and shoulders. Looking down the only thing I saw was the world in a collage of colored dots as I made sure I spotted my target for landing. My phobia of heights and flying suddenly hit me like a railroad train. I could feel my heart beat from all parts of my body. Gradually, my fears turned into excitement as I longed for the freedom of flight, I leapt. Touching nothing but air I felt the exhilarating rush of adrenaline as I soared through the sky at 120 miles per hour. I was in control. My every nerve tingled with excitement. That smooth collage of color miles below may be where I lived but this was where I was most alive! For sixty seconds of eternity I was completely free of all worldly concerns; it was just me and the sky. Skydiving is an activity and sport in which people jump out of an aircraft, alone or in groups, and land by using a parachute. Because of the sensation of leaping into the air and free-falling some distance before opening their parachutes, skydivers usually experience a rush of adrenaline and then a peaceful sense of well-being. This feeling of calm lasts long after they land on the ground. Before feeling that calm however, my mind was like many people’s out there, and I could not understand why I had convinced myself to jump out of a perfectly good airplane. I assumed that only reckless stuntmen skydive, and that it was the most dangerous thing a person could experience. Now that I have actually jumped out of a plane, I can easily disagree with the doubts of non-skydivers. Although skydiving may be seen as dangerous or even careless, it is actually one of the safest extreme sports, even researched to be safer than driving a car. Why do people see skydiving as particularly dangerous? First of all, be honest: It’s not bowling. A skydiver, after all is jumping out of an airplane and hurtling 12,000 feet towards the ground at 120 miles per hour. The most common reason why people see skydiving as so dangerous is because it is a popular phobia among people. Acrophobia, or the fear of heights, is one of the top phobias in the world.

Innovation and Reliance

Managing is the term which is connected with the way to handle things and innovation is the term which reflects meaning as thinking new ideas for development. Philip E. Reassured and Cabal Z. Quad(2014) said that solving problems and challenges of enterprises and people with new Ideas Is Innovation. Joe Tied and John Absent (De. 4) also mentioned Innovation as the driven ability of a person to connect things together and take advantage of the opportunity available. Innovations in a business are not only for solving problems, it has a broad sector.Innovation can be related to product innovation, process innovation, position innovation or the innovation related to paradigm. These 4 innovation types are known as ops of innovation. ops Model: John Peasant and Joe Tied have developed this ops model and also given the way to study (2009, p. 1 5) has defined these as: Product innovation: Product innovation is the innovation related to product and service which makes influence on people and market. Process innovation: Process innovation is the innovation related to the way and process how products and services are created or delivered.Position innovation: Position innovation is the term which defines the modification in perception of a company's work sector, e. G. Microsoft is heading to change its work position to Mobile First and Cloud First from Product and services company. Paradigm innovation: Paradigm innovation is related with the mental perceptions of companies or organizations towards people. How companies analyze people need and wants. Innovation is the part of life. Each of us is capable to do innovation but what type of innovation we are looking for. It depends on the need, mentality, ability, wants and direction given by circumstances.There are many of examples of innovation we have seen in our life. Internet being a part of our life, nobody thought that a person can talk to someone face to face even he is thousands of kilometers far. It is a great innovat ion. There are many of examples like this. Microsoft, Apple, Google, TTS, Amazon and a lot more are examples of the companies which are well known of their innovative ideas. Today I am going to talk about the company named ‘Reliance'. Reliance is the company which is working in field of communication, energy, Textiles, infrastructure, petrochemical etc.Paradigm Position Product Process Reliance is the company founded by Mr.. Diarrhea H. Mambas (1932-2002) in INDIA with an idea of Textiles business in late seventies. But it did not stop on the sector of textiles. With the help of its team, Reliance started to make new innovative ideas and irked on strategy to cover energy products which were the base of development, even now too and of course will be in future as well. They worked in polyester, fiber intermediates, plastics, petrochemicals, petroleum refining and oil and gas.With the help of this strategy, now Reliance is the largest private sector company of INDIA under the gu idance of its chairman Mr.. Muses Mambas. Reliance website shows what innovative works it has done in years and how it has been one of the most innovative companies. Things which are impressive are as: Reliance had done impossible task. Jamaican, a city in INDIA was a barren land, Agriculture was not Seibel there but Reliance teams' hard work and dedication made it possible and now mangoes grown in that area are famous. It's the innovation which is admirable path of win from lose and mistakes.The example of it is Jangler's craft centre, which was made after capturing the mistakes done by employees in Reliance. Now it's the world's largest craft centre and it has already trained 1, 50,000 workmen and still going on. Using Waste as resources, seems amazing? Yes, Reliance is No. L Company of polyester production in world and with the waste of that production it has setup a new business of filling and stuffing. That is the innovation. Business week (2014) has marked Reliance logistic pr ivate limited as integrated logistic services provider.Reliance offers transport of near about every product liquid, gases, solid products. IQ-We have already seen Reliance as innovative company with strengths like stability, Broad vision, Quick processing, Ability and of course success rate. Actually Reliance has the power to challenge the topmost companies in the world. It is in communication, Energy, Production, Sales, construction and a lot more. Its strengths are: Stability: Reliance's biggest strength is its stability. It's developing with a stable rate from decades. Broad vision: By its broad vision, it has acquired a big part of world's market.Now Reliance is a global company. Grabbing opportunity: Reliance has the capability to grab the opportunity with new market strategies and product. Weakness:- Investment Limitations: Reliance has a lot of funds and its financially stable but for long term investments in compare to its competitors, it is lacking behind a little bit. To overcome this gap, company should find some new investors. At present, company is collecting most its funds through shares and public funds. Reliance can tie-up with other companies to work in different sectors for more investments and profits.Q-l don't see a lot of gaps in company's success but one the major gap where company has to work is to create new easier processes or adapt those new processes which are already been adapted by others. It is very important to walk with or ahead of world for getting success. Conclusion: It is clear; Reliance is one of those innovative companies which are making big impact on the way how people think about innovation. Company need to continue this success rate. For it, company should find omen more possibilities, might be in sports field or entertainment field like movies, T.V. Serials etc. Company's future depends on its stability and ability to think new ideas. Reliance is already working on new ideas continuously and also getting success in i t. Company has to continue this success rate. In my view, Reliance is on its Top-gear of success, it Just needs to do cover the gaps of renewal of products and adopt new technologies. With a very experienced and energetic staff, I believe company will do its best in future and will be one of the top companies in the world. References: Philip E. Reassured & Cabal Z.

Technology and Health Care

Introduction Now more than ever, the advances in technology have accompanied the health care delivery system in providing efficient and effective treatment and management for a wide range of patients. According to an article on â€Å"Medical Technology†, â€Å"from gene therapy to tissue engineering to telepresence medicine, the proliferation of new technology promises even greater improvements in patient care, health status, and quality of life† (ct.gov, n. d., p. 89). Nevertheless, the advent of these developments considerably affects the health system, in general. Thus, this paper aims to describe the uses of technology for patient management and its impact on health care and health status.Findings The uses of technology for patient management comprise an array of services that would include new medical and surgical procedures, drugs, medical devices, and new support systems. Indeed, these services had undergone innovative changes during the past years to cater the n eeds of the patients. These facts are exemplified in the following sections of this paper, as quoted from reliable references. â€Å"Surgery is another area of medicine that has been virtually transformed by innovative new techniques and technologies.The acceptance and refinement of minimally-invasive surgical procedures, improvements in anesthesia, patient demands and the push towards greater cost savings have facilitated the shift of surgical procedures from the traditional hospital setting to free-standing ambulatory surgical centers, outpatient clinics, and physicians’ offices† (Medical Technology, ct.gov, n. d., p.92).On the other hand, another study called â€Å"AstraZeneca Submission† (n. d.) typified the progress in medicines, as we quote, â€Å"many examples describe the impact of new medicines on patient symptoms and quality of life: Advanced cancer is incurable. Many medicines for this devastating disease have provided value to patients and their fam ilies by improving their quality of life.Drugs to prevent nausea, a common side-effect of cancer chemotherapy, can help make the treatment easier to bear both for patients and their families. In patients with moderate to severe migraine, subcutaneous sumatriptan improved quality of life by more than 20% compared to placebo (61.6% versus 20.6%). Patients on rizatriptan show significantly better responses to three domains of the 24-hourMigraine Quality of Life Questionnaire (social functioning, migraine symptoms and feelings/concerns) compared to patients treated with placebo. (This entry has been quoted from Santanello N C, Polis A B, Hartmaier S L, Kramer M S, Block G A, Silberstein S D, Improvement in migraine-specific quality of life in a clinical trial of rizatriptan. Cephalalgia 17(8):867-872 1997)A systematic review of a new schizophrenia medicine – an atypical antipsychotic – found that, compared with typical antipsychotics, it was more effective in improving glo bal state, general mental state and the negative symptoms of schizophrenia, and was as effective as typical antipsychotics with regard to positive symptoms. (This entry has been quoted from Mota N E, Lima M S, Soares B G, Amisulpride for schizophrenia. Cochrane Database of Systematic Reviews 2:CD001357, 2002)†.With regards to medical devices, â€Å"one specific example of the dynamic changes in the use of medical technology in the state (CT) is PET scanning. PET scanners are among the most expensive units of major medical equipment available today. PET scans are non-invasive procedures used to detect metabolic rates of organs and tissues using radioactive agents that emit positively charged electrons (positrons).While useful in a number of specialties, PET is increasingly valuable in the fields of neurology, cardiology, and particularly cancer imaging including monitoring the effectiveness of chemotherapy and radiation therapy† (Medical Technology, ct.gov, n. d., p.92). In addition, new support systems have also been employed in the health care system. An example is the so-called telemedicine of which according to the Centers for Medicare & Medicaid Services, â€Å"it is the use of medical information exchanged from one site to another via electronic communications to improve a patient's health.Electronic communication means the use of interactive telecommunications equipment that includes, at a minimum, audio and video equipment permitting two-way, real time interactive communication between the patient, and the physician or practitioner at the distant site. Telemedicine is viewed as a cost-effective alternative to the more traditional face-to-face way of providing medical care (e.g., face-to-face consultations or examinations between provider and patient) that states may choose to cover.This definition is modeled on Medicare's definition of telehealth services located at 42 CFR 410.78† (Overview Telemedicine, n. d.). Hence, â€Å"the ins titution and utilization of new technologies in the hospital setting has dramatically influenced the way in which hospitals function as health care providers. Minimally invasive surgical procedures, highly advanced medical equipment, and breakthrough prescription medications are particularly significant in the evolving role of hospitals as they have all contributed to shorter and oftentimes costlier hospital stays† (Medical Technology, n. d., p.89).Conclusion Consequently, we have learned how the health care system utilized the use of the new technology in the treatment of patients, as reflected in the abovementioned findings. We realized that technology has an impact on the costs of health care services: cost effective, when it comes to medications, but costly, when it comes to acquisition of new medical devices. Nonetheless, we discovered that the impact of technology in health care is basically characterized by the provision of optimum patient management, thus leading to th e attainment of a better quality of life and improvement in the health status of individuals.References AstraZeneca Submission – The impact of advances in medical technology on healthcare in Australia – The Value of Medicines. (n.d.). Retrieved November 27, 2008, from http://72.14.235.132/search?q=cache:Z7LXq-jne1MJ:www.pc.gov.au/__data/assets/pdf_file/0014/17501/sub023.pdf+Impacts+of+Advances+in+Medicine+to+Patients&hl=tl&ct=clnk&cd=1&gl=ph Centers for Medicare & Medicaid Services. (n.d.). Overview Telemedicine. HHS.gov. Retrieved November 27, 2008, from http://www.cms.hhs.gov/Telemedicine/ CT.gov. (n.d.). Medical Technology. Retrieved November 27, 2008 from http://www.ct.gov/ohca/lib/ohca/hospitalstudy/Medical_Technology.pdf

Hero vs. Tragic Hero

The Difference between a Hero and a Tragic Hero The tragic hero is one of the most interesting characters within a Greek or Roman play. They depict many emotions and often their lives end in a horrible disaster. When we think of a hero, what automatically comes to mind? To some it may be someone legendary. Others might think of a hero as someone of great strength or ability. Perhaps someone admired for their achievements and great qualities.To me, it once meant someone that showed great courage and responsibility . A real hero is someone who faces everyday challenges bravely and lives with a smile despite problems and shortcomings and sometimes even having supernatural powers of some sort. Before these two â€Å"heroes† can be compared and contrasted, it is imperative to know what a tragic hero must possess in order to be called a â€Å"tragic hero. A tragic hero must contain the following features; a tragic hero always had characteristics like greatness and a noble stature, they must have a fatal flaw, that in most cases lead them to be partly responsible for their own demise, usually their punishment outweighs their crime, and then, of course, sometime during where the tragedy takes place there should be some sort of self-realization for that character. This is where they realize their mistake.One prominent characteristic of a tragic hero is portrayed specifically in the play ‘Macbeth' by Shakespeare, the tragic hero Macbeth was a victim of his doubt and insecurity. Thus, the hero's downfall is due to his own errors and actions. A tragic hero has to suffer because of his own mistakes. He is doomed from the start; he bears no responsibility for possessing his flaw, but bears responsibility for his actions.He is usually a king, a leader of men and his fate affects not only his but the lives of a whole nation or number of people. Tragic heroes are without a doubt one of the most intriguing of characters. A Traditional hero is a person of â€Å"dis tinguished courage or ability, admired for his brave deeds and noble qualities. A hero is â€Å"any person who has heroic qualities or has performed heroic acts and is regarded as a model or ideal to follow†¦ † He represents a positive image of a human being, physically, mentally, and emotionally.He is loved by all and cherished for his noble deeds. He always takes up distinctive tasks which no one else ever dares to and may come across much adversity that which he fights with his endurance and valor and eventually reaches victory with a confident heart. He has qualities like courage, honesty and willingness to sacrifice. But most of all, he stands for everything we love to see ourselves as. That is why they are so popularly favored by many.

A comparison of tabloid and broadsheet newspapers Essay

To understand the subject of this essay, I thought it would help to briefly look at the history and background of newspapers, because I believe this gradually influences people’s decisions on buying a paper today. In earlier years, the majority of people buying newspapers were all well educated, middle – class intellectuals. As a result of this many papers actually tended to follow the broadsheet format. Most people that bought a newspaper would have full intention of reading from front to back. Most papers had between four and nine pages with a lot of columns and very small print; there were not many pictures and very little graphics. This was generally because of the lack of technology available to the publishers and their printers. As time progressed, so did the technology that went into the newspapers. With this improvement in technology this enables the publishers to focus on more specific readership. In a newspaper you can find that they can now devote sectors of the newspaper to individual interests, at the same time as having more illustrations and advertisements. We investigated how tabloids and broadsheets have appeared to combine these new ideas, but somehow still have different techniques, writing styles and format. We did this by using interviews and surveys to help us gain the results we wanted. To gain further understanding of the type of people that read tabloid and broadsheet newspapers, the pupils in our class carried out a survey. The principle was to find out if there were any links between our research and the class survey, it helped us gain more knowledge on the time that papers are read during the day and what days they are tended to be read on. When the survey was complete we collected the results to find that there was quite an even spread of readers for both the tabloid paper and the broadsheet paper. Another interesting fact was that mainly broadsheets were read on the weekend rather than the working week. I recognize that this must be because of the size and depth of the broadsheet which becomes a immediate fault of the paper has it makes it very hard for somebody going to work on the train or bus to read a large paper such as ‘The Telegraph’ in such tight compact spaces. Our class also carried interviews with their friends and family to try and find out the reason behind this predilection. In the majority of cases, the time available and the content of the newspaper were concerns. Many people believed that a broadsheet were more detailed and focused on finance and politics, whereas tabloid papers tended to be more light-hearted and entertaining. There were a lot more gossip columnists and many pages devoted to entertainment and celebrities featured in ‘The Sun’. As I expected the size of the newspapers were a big matter into deciding which paper someone would buy. According to the interviewees, broadsheets were understandably an inconvenient size if they were to be read on a coffee brake or a journey as they were just too big. Tabloid papers were popular because of the advantage of there size as they can be read at spare moments during the day and contained a television guide. Personally I tend to read newspapers at the weekend and the members of my family generally make the choice of paper, I enjoy reading a tabloid a lot more than I do a broadsheet because broadsheets cover a large quantity of business and finance and I am not interested in these subjects. I enjoy reading ‘The Sun’ as it contains a lot of sport news and celebrity news. Tabloid papers in my opinion are a lot easier to read as u don’t have to take a lot of time reading each article like you do in the broadsheet newspapers. Before we actually started to examine individual articles, we made some general assertions concerning the papers contents. We all noticed that there were a surprisingly large amount of adverts in the broadsheet newspaper, which included a completely covered double-page spread on just adverts. A â€Å"British Airways† advert, covered a page of the â€Å"Daily Telegraph† the size made it eye-catching and very effective to the reader. For further exploration we compared two articles, which at the time were concerning the situation in Saudi Arabia. The first article was featured in â€Å"The Sun†, entitled, â€Å"Saudi Aid†. The second article was found in â€Å"The Daily Telegraph† entitled, â€Å"Arab states back Bush over Iraq†. My immediate observation was the difference and contrast in headlines. The tabloid headline was much shorter than that of the broadsheet, therefore the information given was. â€Å"Saudi Aid† gave the reader a suggestion of the articles content, but did not make any kind of effort to enhance on the subject. On the other hand â€Å"The Telegraph† was more informative and had a much more detailed headline, â€Å"Arab states back Bush over Iraq†. This headline refers to a specific incident which is very straight forward it also includes one of the most well known names in the world, this is a clever way of using someone’s name involved in the issue to draw in the reader the also tone suggests controversy. â€Å"The Sun† followed its brief headline with a more detailed summary, giving us further amplification on the subject. â€Å"The Telegraph† on the other hand had a sub headline of â€Å"Way cleared for countdown to war†. Again the focus of the piece was narrowed down to ass impact on their first headline. The sub headline included and extremely emotive phrase, â€Å"Countdown to War†. This gives no definite answer to the question most people were asking themselves at the time, it just leaves the possibility that it could happen in the future if the situation deteriorates. â€Å"The Sun† also included a sub headline in its article. â€Å"Saudis to aid attack on Iraq† again this repeats the word ‘aid’ from the headline but this time expanding on the content of the article. The reporter actually uses rhyme, which increases the articles appeal, because it becomes captivating and memorable. In continuing to study the format of the article, I noticed that the front pages of both pieces were very different. â€Å"The Telegraph’s† report was split into four columns, with an enlarged quote dividing the second column. In this article there was clearly more writing, and whilst I could perceive a summary, it was not highlighted in any way, like â€Å"The Sun’s† report, which had a summary in bold type and a sub heading of ‘Weapons’ halfway through the first column, such use of a sub headline created drama and tension. The summary uses colloquial language, and emotive writing such as ‘the Saudis fear they will never be safe while Saddam rules’. With added patriotism, the summary lures the reader to read on through the article, to reach the main point of the piece. Unlike the broadsheet article, there was a picture featured in the tabloid newspaper. The picture was of Jack Straw and by adding a picture the information in the article is authentic and may entice the reader to look more closely at the piece, and maybe value the reporter’s opinion more. Another creative effect is â€Å"The Suns† use of italics. By placing a chosen phrase or paragraph in italics, the reader’s attention is drawn to the chosen area, showing that the specific phrase is important, and so the reader should pay attention to it. The general tone of † the suns† article is informal throughout the piece. The reporter remains biased and doesn’t believe that the possibility of war may be resolved. The piece in â€Å"The Telegraph† takes an objective style and presents both sides of the argument, and continually stating that there is no definite war. The miscellany in reporting styles also includes the use of more formal language with words such as ‘repercussions’. I would presume that the readers of a broadsheet newspaper are more middle-class. This is a generalisation but that the fact that there is more business, finance and culture in the broadsheet newspaper. There is one similarity between the articles it is that they both include the national security adviser â€Å"Conddeezza Rice†. Overall the broadsheet newspaper includes more concept language and is rather informal, whilst the tabloid newspaper has short headlines with a catchy theme to it, instead of a more sophisticated and simple headlines brought to us by the broadsheet newspapers.

A 3000 Portfolio Assignment Essay Example | Topics and Well Written Essays - 2750 words

A 3000 Portfolio Assignment - Essay Example For instance, leagile might involve the use of lean strategies for managing the supply of high volume products that are also in high demand and opting to use agile (make-to-order) for every other thing (Pagell and Shevchenko, 2014, p. 50). The leagile system can also opt to have a flexible production capacity with the purpose of meeting demand surges or unexpected needs/requirements. Alternatively, leagile might involve postponing whereby forecasting is done using â€Å"platform† or essential products, and then the final customer order would determine the final configuration and assembly of products (Selviaridis and Norrman, 2014, p. 160). The case study for which we will use to analyse the leagile system of management is the Toyota Company particularly in the manufacture of its Scion line of cars. The Toyota Motor Corporation is an automobile manufacturer situated in Japan with its headquarters in the city of Toyota, Aichi.As of the last financial quarter of 2014, Toyota was the largest multinational company in the world in terms of revenue. As of 2012, in terms of production, Toyota leads companies such as General Motors and Volkswagen Group having produced its 200 millionth vehicle on the July of that year. The company’s origin dates back to 1937 when Kiichiro Toyoda founded it as a separate part of Toyota Industries owned by his father and its purpose was to manufacture automobiles (Sharma, Bhat and Routroy, 2014, p. 10). The multinational corporation produces its vehicles under five lines or brands. These are the Scion line, the Ran brand, Lexus and Hino brand. This study will focus on the Scion brand of v ehicles in analysing the Leagile system of supply chain management. Toyota produces the Scion brand of vehicles for the North American market, and the production started in 2002 with the first Scion models going on sale in

Macroeconomics Research Paper Example | Topics and Well Written Essays - 1000 words

Macroeconomics - Research Paper Example Demand for goods and services are related to the real interest rate which is nominal interest rate minus expected inflation, whereas nominal interest rate is the market rate quoted in the financial pages of the newspaper. In this case, interest rate is almost zero that means nominal interest should be equal to expected inflation and the expected inflation is about 2% per year which is justifiable, it indicates that nominal interest rate showing unacceptable growth, adequate amount of rise in the nominal interest rate can increase the real interest rate to a desirable level. Usually when interest rate falls, borrowing increasing and individual’s purchasing power increases and so does the demand for goods and services, but if unemployment is very high and an economy is facing low GDP growth per year than shows the imbalance in the economy. According to the Philips curve, wages increases rapidly when unemployment is low and wages increases slowly when unemployment is low therefor e the government and the firms should raise wage rate to attract scarce workforce to increase the national production which will eventually increase the demands for produced goods and services. According to Okun’s law, a percentage increase in unemployment causes a 2% fall in real GDP, whereas in this case unemployment is very high, which is one the major reason of GDP downfall (Hall, 2011). Currently inflation is not matching the level of employment and GDP rate, therefore Fed and the government should increase the wage rate and decrease income tax rate to an acceptable level to encourage the spending which might result in increased demands for good and services and will eventually increase the national production, the government should also increase the subsidize the national production and increase import duty so national products will be preferred over international products (Hall, 2011). Conclusion By increasing nominal interest rate with a justifiable amount, by leverag ing wage rates and the local production, and by increasing import duty; the Fed and the government will be able to stabilize the economy and the balance of payment, the economy will grow at justifiable rate, the unemployment will decrease and the national production will increase while maintaining the inflation rate of about 2% which is quite justifiable. Part 2: Introduction Amendments in legislation and regulations were not the only causes of 2008 financial crises, changes in monetary and fiscal policy also contributed to the crises. The Federal Reserve dropped its federal funds rate very quickly to a very low rate, and kept the rate at historic lows for an extended period of time. Secondly the US deficit has increased its borrowing from foreign sources, especially from emerging countries such as China which are enjoying economic surplus. Contribution of monitory and fiscal policy in the causes of financial crises To eliminate the effect of the collapse of the technology equity bu bble and the terrorist attack on Twin Tower on September 11, 2001 on the economy; Fed chairman Greenspan injected low-interest rates below held guidelines which was an attempt to instill huge amount of liquidity in the US monetary system which actually resulted in lowering the interest rate by 2003 to 1%, the decided interest rate by Fed breaks the record of fifty years, that