The people bomb on 20-20 :: essays research papers

The film â€Å"The people bomb† was a compilation of stories and videos collected from diverse cultures and geographical locations focusing on dramatic increases in human population over short spans of time. This population explosion was having a direct, negative impact on the environment and society of the locations discussed. As a result, involved governments began taking action to alleviate the repercussions of this population expansion and to prevent its continuance. Some of these actions were received harshly by citizens under the acting governments, some were wavered and seen as ineffective for religious reasons and others were successful and becoming more so as time continues. One example of a harshly received marshal action was that of either forced, or persuaded, mass sterilization of societal members. This particular action was taken in India, where citizens from the general population were either forced or coerced into thinking they were being forced to accept ster ilization procedures. Many health and wrongful death issues ensued, as well as moral and emotional objection.   Ã‚  Ã‚  Ã‚  Ã‚  Population expansion, on scales demonstrated in â€Å"The people bomb,† create serious issues for the societies that experience them. A large congestion of people in an area not designed, or capable of maintaining them spawns problems with waste disposal, employment, availability of necessary resources, health, and proper living accommodations. Most commonly experienced in the third world, matters such as these are quickly becoming pandemic in their proportions. Without proper regulation and control of the population or the existence of necessary support programs for a number of people not conducive to their environment, conditions will only worsen.   Ã‚  Ã‚  Ã‚  Ã‚  One may argue that the problem of overpopulation in areas experiencing absolute poverty is inevitable. It may be viewed as a situation only repaired by either force, such as forced sterilization, or the simple end result of an abnormally high mortality rate amongst the population due to poor health conditions.

Commercial Banks Essay

Banks have developed around 200 years ago. The natures of banks have changed as the time has changed. The term bank is related to financial transactions. It is a financial establishment which uses, money deposited by customers for investment, pays it out when required, makes loans at interest exchanges currency etc. however to understand the concept in detail we need to see some of its definitions. Many economists have tried to give different meanings of the term bank. Nature of Commercial Banks Commercial banks are an organisation which normally performs certain financial transactions. It performs the twin task of accepting deposits from members of public and make advances to needy and worthy people form the society. When banks accept deposits its liabilities increase and it becomes a debtor, but when it makes advances its assets increases and it becomes a creditor. Banking transactions are socially and legally approved. It is responsible in maintaining the deposits of its account holders. While defining the term banks it is taken into account that what type of task is performed by the banks. Some of the famous definitions are given below: According to Prof. Sayers, â€Å"A bank is an institution whose debts are widely accepted in settlement of other people’s debts to each other.† In this definition Sayers has emphasized the transactions from debts which are raised by a financial institution. According to the Indian Banking Company Act 1949, â€Å"A banking company means any company which transacts the business of banking . Banking means accepting for the purpose of lending of investment of deposits of money from the public, payable on demand or other wise and withdraw able by cheque, draft or otherwise.† Commercial bank being the financial institution performs diverse types of functions. It satisfies the financial needs of the sectors such as agriculture, industry, trade, communication, etc. That means they play very significant role in a process of economic social needs. The  functions performed by banks are changing according to change in time and recently they are becoming customer centric and widening their functions. Generally the functions of commercial banks are divided into two categories viz. primary functions and the secondary functions. The following chart simplifies the functions of banks. Primary Functions of Commercial Banks Commercial Banks performs various primary functions some of them are given below 1. Accepting Deposits : Commercial bank accepts various types of deposits from public especially from its clients. It includes saving account deposits, recurring account deposits, fixed deposits, etc. These deposits are payable after a certain time period. 2. Making Advances : The commercial banks provide loans and advances of various forms. It includes an over draft facility, cash credit, bill discounting, etc. They also give demand and demand and term loans to all types of clients against proper security. 3. Credit creation : It is most significant function of the commercial banks. While sanctioning a loan to a customer, a bank does not provide cash to the borrower Instead it opens a deposit account from where the borrower can withdraw. In other words while sanctioning a loan a bank automatically creates deposits. This is known as a credit creation from commercial bank. Secondary Functions of Commercial Banks Along with the primary functions each commercial bank has to perform several secondary functions too. It includes many agency functions or general utility functions. The secondary functions of commercial banks can be divided into agency functions and utility functions. A. Agency Functions: Various agency functions of commercial banks are * To collect and clear cheque, dividends and interest warrant. * To make payment of rent, insurance premium, etc. * To deal in foreign exchange transactions. * To purchase and sell securities. * To act as trusty, attorney, correspondent and executor. * To accept tax proceeds and tax returns. B. General Utility Functions : The general utility functions of the commercial banks include * To provide safety locker facility to customers. * To provide money transfer facility. * To issue traveller’s cheque. * To act as referees. * To accept various bills for payment e.g phone bills, gas bills, water bills, etc. * To provide merchant banking facility. * To provide various cards such as credit cards, debit cards, Smart cards, etc.

America s College Promise Act Essay - 1535 Words

Introduction America always considers education as a basic need to develop one s personality and character. This is why it proclaims that every student in America deserves a fair chance at a higher education. It is common belief that a highly educated pool of workforce can better help in economy s growth competing on global front. America’s College Promise Act is also an effort to promote higher education and make it affordable for economically weaker section of the society. This act was unveiled by president Obama by initiating a two year community college program free of cost for responsible students. This scheme is aimed to let the students earn first half of their bachelor s degree and earn needed skills at no cost. This Act also relieved many students of a lot of stress that they experience in college due to the high prices that only few can pay with little struggle. The opportunity for education should be easily attainable by any citizen to further progress the country and its popula tion. The America’s College Promise Act, therefore, is not only beneficial for the general population but also for economic prosperity. Overview The America’s college promise act was proposed by president Obama and introduced by Sen. Tammy Baldwin and Rep. Bobby Scott on 8 July, 2016. The main objective of this act is to make higher education affordable for all. This bill if passed is expected to appropriate around $1.4 billion in Financial year 2016 and $79.7 billion over the periodShow MoreRelatedAmerica s College Promise Act Essay833 Words   |  4 Pagesof alleviating students’ debt is the America’s College Promise Act, more commonly known as the Heads Up America Campaign. 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Roosevelt wanted to create something similar to the New Deal that attempted to help the less advantagedRead MoreThe World Is Flat, By Thomas Friedman1425 Words   |  6 Pagescatching up and in the words of Thomas Friedman, in The World is Flat, [we] simply are not educating, or even interesting, enough of our own young people in advanced math, science, and engineering (349). Therefore, we must combat this issue at hand. America has grown idle due to the achievements of previous ideas and although we have been amusing ourselves, bathing in our own narcissism, we are no longer at the top, no longer a positive anomaly. We aren’t producing skilled and knowledgeable workers to