Human Beings as the Puppets of Society Essay -- Papers Behavior Sociol

People as the Puppets of Society Sociologists have since a long time ago contended about whether we are controlled by the structure of the general public wherein we live, at the end of the day, are we or are we not ‘puppets of society’. Social structure scholars for example, Functionalists and strife scholars like Marxists, accept that we are ‘puppets’ and that our conduct is constrained by the structure of the general public in which we live. The two hypotheses propose that individuals are constrained by society yet this contention is restricted by social activity scholars, for example, Symbolic Interactionists who accept that society is made by the people themselves. To appear far it can be contended that people are ‘puppets of society’ this paper will take a gander at functionalism and social control through the family, Marxism and social control inside the training framework and afterward look at the restricting hypothesis of Symbolic Interactionism. It is moreover expected to talk about the ongoing structuration hypothesis of Giddens who contends that these hypotheses are not, at this point legitimate in deciding whether we are ‘puppets’ in light of the fact that both structure and activity are vital for society to exist and hence in certain cases in our lives we are ‘puppets’ and others we are most certainly not. As indicated by Jones, Functionalists like Durkheim consider ‘human conduct as scholarly behaviour’(2004, p.6), at the end of the day everything we know and do must be instructed to us given that when we are conceived we have no information on anything. They contend that all our conduct is learnt through the socialization procedure. Functionalists consider that essential socialization is the premise to learning the standards, values what's more, jobs of society and... ...eeded, so it could be contended, along these lines, that even despite the fact that on occasion we are free operators and have an individual decision in our activities we are likewise ‘puppets of society’ as a result of the a significant number of the structures of society. References List Czerniawski, G., 2004. What is the Role of Education? Human science Audit, 14 (2), 24-25 Giddens, A., 2002. Human science. fourth ed. Nation Press Jones, P., 2004. Presenting Social Theory. Cambridge: Polity Press Wilson, A., 1985. Society Now: Family. London: Tavistock Publications Book index Moore, S., 2001. Human science Alive. third ed. Cheltenham: Nelson Thornes Ltd Haralambos and Holborn, 2000. Human science Themes and Perspectives. fifth ed. London: Collins Educational Bauman Z and May T., 2003. Thinking Sociologically. second ed. London: Blackwell Publishing Ltd

Prospetive study of major dietry patterns and risk of coronary heart Essay

Prospetive investigation of major dietry examples and danger of coronary illness in men (Epidemology contextual investigation) - Essay Example Two significant dietary examples were watched: judicious, which is substantial on vegetables, natural products, fish and poultry; and western, stacked with red and prepared meats, refined grain, sweets, French fries, and dairy. Expanded reasonable examples were found to diminish rate of CHD while expanded western example likewise expanded the CHD frequency. Past examines associated CHD to single supplements in the eating routine. This examination considered in general dietary examples in subjects for a long time and how these identify with the event of CHD inside the investigation time frame. Diet assumes a significant job in ailment as saw in ailment event in nations that have an unmistakable dietary example. The examination is proper on the grounds that it considers the communication of the various parts in the eating regimen contemplating food inclinations and ongoing food use. The examination is additionally exceptionally suitable and auspicious as a result of the high occurrence of CHD in numerous nations and subsequently healthful mediation by suggesting changes in dietary examples might be increasingly satisfactory to general society. In this examination, introduction alludes to the dietary examples; result is the frequency of CHD and confounders are other hazard factors like smoking, liquor utilization, all out caloric admission, age, level of physical movement, hereditary qualities. Remarkably, the analysts put forth a valiant effort to expel the impacts of confounders through factor examination. The dietary appraisal originated from food utilization information gave in the FFQ. The FFQ had separated 131 things further assembled into 40 particular classifications. Factor examination was done to infer dietary examples. Factor investigation expels impacts because of way of life and other hazard factors along these lines expelling frustrating impacts. FFQ and factor examination were suitable for this sort and size of trial. FFQ was appeared in past examinations to adequately decide dietary inclinations while factor investigation is fitting in deciding the measurable noteworthiness by limiting orderly blunders

Can You Get a Bad Credit Loan Without a Bank Account

Can You Get a Bad Credit Loan Without a Bank Account Can You Get a Bad Credit Loan Without a  Bank Account? Can You Get a Bad Credit Loan Without a  Bank Account?Without a checking or savings account, getting a loan is going to be much more difficult, and youll be stuck with riskier options.If you live in one of the nine million unbanked households in the U.S., then you understand the added financial stress of living without a checking or savings account. You have to take your paycheck to a check-cashing store just to get your moneyâ€"plus whatever fees they decide to charge; you have to pay all your bills in cash through the mail or in person, which is a way bigger hassle than doing them online. The list goes on.And if you don’t have a checking account, the odds are good that you don’t have great credit. While a bad credit score doesn’t necessarily mean you’ll get denied for a bank account, the kinds of behaviors that tanked your score can also lead to your account application being rejected.So what happens if you have a financial emergency and you need to take out a bad credit lo an? If you need a bad credit loan and dont have a bank account, can you still get much-needed cash?The short answer is “Yes.” The slightly longer answer is “Yes, but none of the options are good.”Why is it hard to get a loan with no bank account?Simply put: it’s hard to get any kind of loan with no bank account because lenders get worried that you won’t pay them back. Okay, let’s rephrase that. When you don’t have a bank account, lenders get more worried that you won’t pay them back. Lenders, you see, are always worried about paying them back. They’re lenders. It’s what they do.You might think that a bad credit lender would be less worried about this, but that isn’t so. Even though most bad credit lenders don’t check your credit score before issuing a loan (which is why their products are often referred to as “no credit check loans”) they still want some kind of assurance that they’ll get paid back.(With some loans, especially short-term payday loans, the lender might not care so much about you paying your loan back on time because they’ll make a lot more money from having you rollover or reborrow your loan. For more on that, check out our post: Payday Loan Rollover: How Short-Term Loans Turn Into Long-Term Debt.)Some lenders will use the account information that you provide during your application to schedule an automatic debit from your checking account on the date that payment is due. Others simply take a checking account as a sign that the borrower is at least somewhat financially stableeven if they don’t have good credit.When it comes to loans that need a bank account, you’ll have better luck with a storefront lender than you would with a company that issues a online loans. But either way: Most bad credit lenders will require some sort of bank account before they issue you a loan.If you want a bad credit or no credit check loan that doesn’t require an account, you’re probably going to have to offer up something as collateral.The problem with title loans and pawn shop loans.When it comes to bad credit loans that require collateral, the two most common types are title loans and pawn shop loans. If you don’t have a bank account and need a no credit check loan, these are the kinds of secured loans you’ll be looking for.Between the two types of loans, title loans are the riskier option by far. These loans are secured by the title to your car or truck, which means that your car or truck will get repossessed if you can’t pay the loan back.Title loans are usually short-term loans, designed to be repaid in a month or so. The only problem is that, with principals often above $1,000 and annual percentage rates (APRs) that average 300 percent, you’ll be very hard-pressed to pay your title loan off on-time.And once you start extending or reborrowing your loan, that’s when those high interest rates really start to hurt. You can end paying way more in interest than you paid on your original loan amount, all the while living under the threat of repossession.Pawn shop loans, on the other hand, are much less dangerous than title loans, but they also don’t grant you as much money. Since the items being used as collateral for these loans are much less valuable than a carâ€"it’s usually stuff like jewelry, electronics, or valuable antiquesâ€"the principal loan amounts are much smaller too.With a loan from a pawn shop, you’ll still have to pay a high interest rate and risk losing your valuable stuffâ€"some of which might have a far greater sentimental value than dollar valueâ€"all for a couple hundred bucks at best. If your unexpected expense comes with a bill larger than that, a pawn shop loan probably isn’t going to cut it.A prepaid debit card works, but it’s still plenty risky.Some payday and no credit check lenders will allow you to load your loan funds onto a prepaid debit card. They might even provide you with a card as a part of approving your loan.This approach h as its benefits and its drawbacks. It’s certainly a better option than a title loan, as it doesn’t mean using your car as collateral, but you’ll probably be stuck with the same kinds of issues that plague so many payday loan borrowers.Even with the funds easily accessible via your card, you’ll be stuck paying payday-level interest rates, which can average over 300 percentâ€"-and sometimes way, way over! You’ll still have to pay the loan back fairly quickly, and probably in a single lump sum.A payday loan on a prepaid debit card suffers from the same problems as a payday loan in a checking account. The risks of entering a predatory cycle of debt are the same, as are the chances that you’ll owe way more in interest than on the loan principal itself.The best thing you could do would be to avoid taking out a loan entirely, but sometimes that just isn’t an option. And compared to a title loan, a prepaid debit card is a definitely better. Just do your research on the lender first and make sure you know exactly what you’re getting yourself into before you sign.To read more about the issues facing people with bad credit, check out these related pages and articles from OppLoans:How Bad Credit Can Affect Your UtilitiesCan Bad Credit Keep You From Getting a Job?Does Your Spouse Have Bad Credit? Here’s How it Can Affect You.Have you ever taken out a loan without a bank account?  Let us know on  Facebook  and  Twitter.Visit OppLoans on  YouTube  |  Facebook  |  Twitter  |  LinkedIN

Effects Of Economic Growth On Unemployment And Inflation

Discuss the effects of economic growth on unemployment and inflation in Australia Economic growth is an increase in the volume of goods and services that an economy produces over a period of time and is measured by the annual rate of change in real Gross Domestic Product (GDP). Economic growth is classified as one of the most important indicators of an economy’s performance. Australia has maintained an average of 3.3% real GDP growth since 1992. The pursuit of a stable economic growth is a major objective of government policy, however, the optimal rate of economic growth varies due to its impacts on unemployment and inflation. In a market economy, prices are determined by the interaction of demand and supply in the marketplace. Economic†¦show more content†¦This increases aggregate demand and real GDP through increased government spending (E0-E1). For example, during the GFC the RBA cut the cash rate drastically from 7.25% to 4.25% driving up consumption and investment in the economy. However, this resulted in the inflation rising to 5.2%. The fiscal stimulus package improved economic growth rate by 0.6% as consumer confidence increased. By expanding aggregate demand, in 2009, the fiscal stimulus supported 210,000 jobs and the peak unemployment rate was 1.5% lower than if there was no fiscal stimulus. By the multiplier effect, further investment by the government into building projects supported unemployed workers thus raising consumer spending. This increased the total level of national income in the economy from Y0-Y1 thus raising GDP and lowering unemployment but inflation increased as a result of increased consumer spending. Inevitably, when aggregate demand is increasing, the inflationary expectations result in employees bargaining for increases in their nominal wages to adjust with inflation. This is known as cost-push inflation whereby the costs of production for a businesses increases. Subsequently, employers lay off workers in an attempt to reduce their costs of production while also upholding productivity and consumer demand. This increases the unemployment rate whilst the inflation rate is lowered in the short term as seen from the short-run Phillips curveShow MoreRelatedThe Relationship Between Inflation And Unemployment On Growth1553 Words   |  7 Pagesachievement of a high rapid and sustainable economic growth. The relationship between inflation and unemployment on growth remains a controversial one in both theory and empirical findings. Originating from the Latin American context in the 1950s, the issue has generated an enduring debate between structuralists and monetarists. The structurali sts believe that inflation is essential for economic growth, whereas the monetarists see inflation as detrimental to economic progress. There are two aspects to thisRead MoreEconomic Growth Between Emerging And Developed Economics Essay1181 Words   |  5 PagesNowadays, the various economic growth patterns are very common in both emerging and developed economy. The countries that are having most advanced economy and highly developed capital markets with high levels of liquidity is called developed country. Developed countries are mostly located in North America and Western Europe, including nations like the U.S, Germany, U.K., Canada, Australia, New Zealand and Japan. Emerging countries can be identifying with rapid growth rate and development but lowerRead MoreEssay about Measuring the Macroeconomic Impact of Monetary Policy1320 Words   |  6 Pagesis used to tackle unemployment in an economic decline by lowering interest rates, while contractionary policy has the goal of elev ating interest rates to fight inflation. Monetary policy reposes on the relationship between the rates of interest in an economy and the total dispense of money. Monetary policy uses a diversity of tools to dominate exchange rates with other currencies and unemployment. This is done in order to influence outcomes like economic growth and inflation. A policy is calledRead MoreInflation And Unemployment Essay1260 Words   |  6 PagesHistorically, the relationship between inflation and unemployment has been studied, debated, and been used as economic indicators to explain the overall health of the economy. Both inflation and unemployment will fluctuate and change based on phases of the business cycle. From a simplistic view, high levels of inflation and unemployment indicate that the economy is not operating at is an optimal level of output. During periods where inflation and unemployment are high, individuals are saving moreRead MoreDeveloping A Countrys Economic Data1489 Words   |  6 Pagesthe country’s economic data. There are many aspects that make up a country’s economy which will be explained in more detail below. All th ese factors can be analyzed separately but they are all interconnected which is why a country’s economy is so dependent on their individual success. The government’s goal is to prioritize economic growth in order to maintain a high standard of living for its citizens. Key Economic Factors Gross domestic product (GDP), unemployment, and inflation make up the mostRead MoreAustralia s Current Economic Growth1390 Words   |  6 Pages Introduction Economic growth is defined as a quantitative sustained increase in a nation’s output, referring to the volume of goods and services produced, over a period of time, generally per annum. It is indicated by an increase in the real GDP, which implies a rise in a nation’s economic capacity. As such, Australia’s current economic growth rate is 3% (May 2016). Inflation refers to a sustained increase in the general level of prices over a period of time, usually one year. It is measured byRead MoreMonetary Policy On The Connections Between Money, Banks, And Credit960 Words   |  4 Pagespaper will cover the effect on macroeconomic factors such as GDP, unemployment, inflation, and interest rates. With many combinations of monetary policy, the paper covers the optimal balance between economic growth, low inflation, and a reasonable rate of unemployment. Money is any object that functions as a means of exchange that society accepts social and legal payment for goods and services and in settlement of debts. looks at the nature and value of money, and its effect on determining monetaryRead MoreImportance of the Macroeconomics Objectives Towards the Malaysia Economic Performance.1564 Words   |  7 Pages3 | 2.0 | Macroeconomic Objectives | 4 | 3.0 * 3.1 * 3.2 | Economic GrowthThe ImportanceExample | 556 | 4.0 * 4.1 * 4.2 | UnemploymentThe ImportanceExample | 778 | 5.0 * 5.1 * 5.2 | InflationThe ImportanceExample | 9910 | 6.0 | Conclusion | 11 | 7.0 | References | 12 | 8.0 | Appendix | 13 | 1.0 Introduction This assignment is to discuss the importance of the Macroeconomics Objectives towards the Malaysia economic performance. There are four main Macroeconomics Objectives, but inRead MoreGovernment And Central Bank Control Unemployment1597 Words   |  7 PagesHow can the government and central bank control unemployment? Consider both fiscal and monetary policies and the effect of these policies on other macroeconomics variables such as inflation and economic growth. Unemployment is the labour force who available to work but cannot fine a job. Imagine that someone who lose the job become to unemployed worker. Certainly, they have to worried about their income and decide to cut on spending such as reduce to eat out for save money. From this situation,Read MoreFinance Is Based On Economics841 Words   |  4 PagesFinance is based on economics. Therefore, to properly understand financial markets and their behavior, you must first understand economics. Economics is the concern of production, distribution, trade and consumption of goods and services. It is the science that arises out of the relationship between limited resources and unlimited wants and needs by humans. Macroeconomics started with John Maynard Keynes, an English economist, who published a book entitled General Theory of Employment, Interest

Irony of Fate in O. Henrys Cactus - 795 Words

For O. Henry, the short story was not just a literary act of communicating his artistic imagination, but also a vehicle to explore the extreme possibilities of such an endeavor. His stories are characterized by extreme unpredictability, transforming the genre into an active, pulsating living presence.†The Cactus† is no exception. The readers are , for the principal part of the story, invited into an assurance of predictable dullness when suddenly their trance is broken and they are awakened to a revelation. The most potent device that O.Henry uses to ensure that the readers go through such a climactic experience is the deft use of the narrative mode. He uses a third person limited narrative persona who is able to provide an objective†¦show more content†¦Only one hint is provided, that, possibly this particular case of vanity was the source of Trysdale’s eventual crisis: â€Å" He did not feel the prick of the thorn that was to pierce him later.† The next part of the story allows this metaphor of thorn to develop through a detailed account of the arrival of the cactus, sent without any note bearing only a tag with a strange botanical name. the final revelation comes only at the end when the readers come to know that the botanical name â€Å"Ventomarme† was worth a dozen love letters. However, Trysdale’s ignorance kept him from understanding the inviting message â€Å"come and take me†. The damage was complete when this ignorance was coupled with conceit. The final sentence puts the readers into a perplexing situation, despite the apparent humour of it. It becomes difficult to see Trysdale as only a rude chauvinist and one may even feel sympathetic for him. Short stories are not tragedies where mighty heroes fall from height and go through anagnorisis before the final donfall. Short stories provide chunks of real life where mediocre people fall for mediocre follies. The error of judgement on the part of Trysdale is not difficult to locate. Had he been a little less conceited, he could have confronted his beloved for a clear explanation about her â€Å"thorny† message. He chose pride over love and eventually lost both. O.Henry generously scatters symbolic messages throughout the text. Trysdale’s slow opening of

Why Project Management Essay - 1484 Words

WHY PROJECT MANAGEMENT? Project Management has become increasingly important for any corporation, organization, government agency, and even small businesses in the last couple of decades. Project Management, as defined in the text, is the application of knowledge, skills, and techniques to accomplish projects successfully and proficiently. It is a tool utilized to keep projects and its tasks organized, but if not used correctly, can bring down the entire project operation. I have witnessed, first hand, a Project Manager (PM) accomplishing his goals and tasks successfully for a particular project. Everything was running like a well oiled machine, when what I can only explain as â€Å"a god complex† intervened and halted the project three†¦show more content†¦The scope of a project cannot be elusive otherwise the project tasks will become poor in quality and lack substance to the end results. Being unclear with the project’s scope can cause scope creep. If the client expects certain res ults and feels they were delivered inadequately, then the scope contains, what I like to call, a â€Å"grey area†. Don’t leave anything within your scope open-ended. The life cycle with a finite due date attribute refers to all start ups, peaks, ups and downs, and completion due dates within a project. Times vary for completion of tasks and as explained prior, some tasks have to be completed so that other tasks can begin. Think of life cycle and due dates as a timeline or a histogram for the project. Calculating the unexpected is almost impossible, but any good Project Manager will learn to expect certain problems to arise and adapt accordingly. Whether a project starts hard and fast or begins slow, due dates have to be followed diligently. One project completion can also be the start up of the next follow on project. Having more than one project, working side by side at the same time, utilizing the same organizational resources is known as the inter dependencies attribute. Resources may be scarce in the organization due to the ongoing projects within it, so when defining the scope of the project, ensure that enough organizational resources (budget and tangibles) areShow MoreRelatedWhy Relationship Management Is Imperative For Project Management Essay2040 Words   |  9 Pages3.1. Why relationship management is imperative for project management in nowadays The aspect of the period, in the past, the project contains a contract of limited time. At this time, poor performance, such as time delays and cost overruns, are not uncommon in construction projects and the reasons behind these problems have attracted the attention of construction practitioners and researchers. Performance tries to avoid failure project. As a result, people who are in the project management areaRead MoreThe Importance Of Project Management Competencies And Why They Are Important1324 Words   |  6 PagesThe purpose of this study is to analysis the importance of project management competencies to obtain a successful career in the field. The problems addressed in this analysis are to gain an understanding of the project management competencies needed for successful implementation in any industry given. The analysis contributes to research and practice in two ways. Firstly, I identified and report on project management competencies and why they are important. Second ly, the analysis proposes a frameworkRead MoreWhy A Project Can Fail Such As Poor Cost Management3409 Words   |  14 PagesTask 1 P3, M1 Their are many reasons why a project can fail such as poor cost management. This can cause a project to fail because it can cause the project to go either over-budget or under-budget. Going over-budget will cause the most problems for the project as it could leave the without any money for important resources which will stop the progress of the project. It could also cause the company to go bankrupt of they where relying on the project to stay in business and its not ready in time becauseRead MoreWhy Project Management Has Become A Driving Force1539 Words   |  7 Pagesinitiatives. It is no mystery that the way that these projects are managed will dictate the level of success that will be experienced. In today’s business world the process of project management has become a driving force in order to help ensure that these initiatives become a reality. The majority of the modern business will has become to realize the importance of project management, the oversite required throughout the life-cycle of a project, the concepts that such be applied during planning,Read MoreWhy Project Managers Need to Understand Business Strategy and the Strategic Management Process?1708 Words   |  7 Pages1) Introduction This report is produced to study the importance of aligning Project Management with Business Strategy and Strategic Business Process. Fundamentally, all Project Managers must have full comprehension of the bigger picture of an organization Business Strategy and its functional level game plan. This would help them with project operational level decision making as well alignment of projects alignment with corporate mission. . The report will be giving general analysis of inter relevanceRead Moreâ€Å"Why Is the Waterfall Model Valuable in the Management of Information Technology Projects?†1450 Words   |  6 Pagesplanning, mistake free calculations, and a foolproof strategy a project leader and his/her team can really set the tone for the entire project. The project leader makes all the final decisions and his /her team research, gather, review and compile the information. The information is organized by using a feasibility analyses in four different areas. These four areas are the schedule, which includes project timelines and deadlines, a project calendar, and other specifics. The other three areas are technicalRead MoreInformation technology for managers1289 Words   |  6 PagesFurther permission questions can be emailed to permissionrequest@cengage.com Content Product Manager: Heather Furrow Senior Art Director: Stacy Jenkins Shirley Cover Designer: Lou Ann Thesing Cover Image:  ©Getty Images/Photodisc Technology Project Manager: Chris Valentine Manufacturing Coordinator: Julio Esperas Composition: GEX Publishing Services ISBN-13: 978-1-4239-0169-3 ISBN-10: 1-4239-0169-X Course Technology 20 Channel Center Street Boston, MA 02210 USA Cengage Learning isRead MoreProject Management Chapter 5 Q A Essay1080 Words   |  5 Pagesï » ¿ CHAPTER 5 Project Scope Management DISCUSSION QUESTIONS 1. What is involved in project scope management, and why is good project scope management so important on information technology projects? Scope refers to all the work involved in creating the products of the project and the processed used to create them. Project scope management includes scope planning, scope definition, WBS creation, scope verification, and scope control. It’ important to Information Technology because it isRead MoreThe Importance Of Creating Strategic Goals At Strategic Planning Essay1322 Words   |  6 Pages Institution 1.0 Introduction In the process of strategic planning, each and every part of the involved process happens to be very important. Despite the importance, one of the most important aspects of planning entails the development of a project strategic, objectives, and corporate goals as well as the goals of the business (Bearce Tirone, 2010). A large proportion of the all the analysis done by people in strategic planning happens to be designed for purposes of helping the individualsRead MoreManagement and Project1719 Words   |  7 PagesWhy did Cisco need an ERP solution? When Solvik joined Cisco in January 1993 as the company’s CIO, he realized that the company was growing significantly. And according to his experience he realized that the present system did not provide the degree of redundancy, reliability and maintainability that Cisco needed. He also knew that the system will not be able to handle the growth of Cisco from a $500 M to a $5B company. This is when he decided to change a few thi ngs to satisfy the needs of the company

Improvement in Technology and Market Innovation Samples for Students

Question: How Do Improvement In Technology And Market Innovation? Answer: Introduction The emergence of neoliberalism along with globalization created a new era in the political and economy of various countries around the world. The concept of neoliberalism is made its significant presence in the mainstream of economy for almost 30years. The neoliberal approach assures everyone in the society that the people would be gaining from the effects of globalization. However, the real world scenario is somewhat different. This assignment highlights the various advantages and disadvantages of neoliberalism and globalisation and its effects of the economy and global politics. The advantages and disadvantages of the concepts of globalization and neo-liberalism have been highlighted in details in this assignment. Neoliberalism According to the concepts of neoliberalism, the economic policy highlights the fact that the flow of the economy needs to be maintained by the desire of expanding the market and intensifying it (Arkorful and Abaidoo 2015). This would result in minimizing the intervention of the government, along with assuring that all the people of the society would be gaining from the globalization. Neoliberalism often describes the free-market economics and the trade free policies and privatisation. Price deregulation and flexibility of the labour market is also an essential part of the neo liberal concept (Babb and Kentikelenis 2017). The various examples of the neo liberal approach includes the adoption of the free market policies in Chile in the late 1970s. This also includes, deregulation and reduction in the intervention of the government. Though, this approach assured the people of the society, that the economy is likely to be beneficial for all, however the reality is quite different. Advantages of neoliberal approach Free market: With the neoliberal approach, the free market system was introduced with price deregulation and flexibility in the labour markets. This free market initiated globalization, with market innovation and control (Barker 2014). This is advantageous from the perspective of globalization. Moreover, the free market enhanced trade and commerce thus, giving a boost to the global market. Reduced governmental intervention: The concept of neo liberalism resulted in the reduction in the governmental intervention and control over the global market. Thus, the economy and politics of the world witnessed a new concept, where the control of the market was on the regulators itself. The concept of neo liberalism also resulted in the Free Trade Agreement (FTA), among the various countries. This, the products of one country could be easily traded in the other countries, giving rise to globalization. Economic and political stability: Economic and political stability is achieved with neo liberalism. With FTA and rise of globalization, political stability among the countries, exchanging commodities is achieved. Moreover, the free market resulted in significant rise in the economic condition of the countries around the world, that has been incorporating neo liberalism Improvement in technology and market innovation: The free trade and free market increased the urge of innovation by the rulers of the market. Thus, use of new technologies was introduced in the market, increasing the overall market condition. These new technologies enhanced the overall market condition, thus providing an economic boost. Disadvantages of neoliberal approach Increase in the gap between poor and rich: Neo liberalism and globalization causes increase in the gaps between the poor and the rich. The increase in the efficiency of the market and the easily availability of trade increases the gap between the rich and poor of the society. While, one group of people has been gaining financially, the other group of people has been in deep poverty. The rich people are becoming richer and the poor is burdened with the economic hardship. Moreover, rise in completion with any governmental control has resulted in the increase in the gap between the individuals and the enterprises (Boratav 2016). This increase in the gaps among the rich and the poor, increased social discrimination in the society, which is not desirable. Provoked destruction in culture: Globalization has been bringing in products of various countries along with the adoption of the culture of the country. This results in provoked destruction of the culture of one country, with which trade relation has been established (Carmody and Owusu 2016). Over-globalization resulted in destruction of the culture of the developing countries, since the market of such countries have been over flooded with the commodities of various foreign lands. Monopoly power: The market has been experiencing increase in the monopoly of one or two market players. With the reduction in the intervention of the government and reduction in the governmental control, monopoly in the market is caused. Thus, the local traders have been deprived. This resulted in the social gaps to increase. Growth of financial flow: With a significant increase in the globalization, the flow of money in the market has been increased. This often results in inflation in the market, causing economic instability. Market fundamentalism: One of the greatest disadvantages of the neo liberal approach is the market fundamentalism. While advocating the usages of the free markets, the critical sector such as education and healthcare is often misplaced. These crucial sectors are not subjected to the same profit motivation. Moreover, the free market often results in ignoring the critic sectors like healthcare, proving detrimental for the society. Globalization One of the greatest effects of neo liberalism is globalization. Globalization refers to the concept of free trade and exchange of commodities for the purpose of trade and commerce. With the advent of globalization, free trade, free market and enhancement of economy has been witnessed (Ozer and Schwartz 2016). The concept of globalization is closely related to the concept of neo liberalism. Neo-liberalism ensures that globalization and free trading is caused assuring the benefit for all the people of the society. However, in the real world both neo-liberalism and globalization fails to benefit all the people of the society (Vassallo 2015). The advantages and disadvantages of globalization, in contexts to the offered benefits for all the people of the society have been mentioned below. Advantages of globalization Opens acceptance among the people of various nation: One of the greatest advantages of globalization is the acceptance of the culture of people of various nations. The people of the country might adopt the culture of other countries, thus enriching the culture of both the countries. This is essential in creating society with free access to the commodities of the world. Offers global market: Free trade among the countries enriches the global market and the global economy. The products that were not available in one country could be procured from other country, with which free trade agreement is signed (Dalton and Rama 2016). Rise in the wages of the unskilled labours: The unskilled labours experience increase in their wages since new avenues if trade are opened as a direct effect of globalization (O'Malley 2016). Foreign direct investments: Globalization welcomes foreign direct investments in various sectors such as healthcare and education. Thus the enhancement if these crucial sectors is caused as a direct effect of globalization. With the foreign direct investment, the crucial sectors are benefitted and enhanced technically. Disadvantages of globalization Along with various advantages of globalization, there are certain disadvantages. These are as follows: Unprecedented speed in human lives: Globalization has brought with itself unprecedented speed in the human lives of the people of the society (Larson 2016). This speed results in the increase in the mobility and decrease in the quality of human lives. Thus, economy and society might face lack of balance. High competition: The rise of competition from the foreign trades resulted in very high competition, thus the local trades ceased to survive. The competition is so high that local traders fail to survive the speed and rise in competition (Davidson et al. 2014). Invasion of infectious diseases: With the exchange of commodities, goods and traders, infectious diseases are also brought in to the countries, thus putting the lives of the people of the nation in stake (Metz 2013). Migration of population: People from the developed countries often travel to the developing countries for setting up their business in those countries (Hirst, Thompson and Bromley 2015). Migration of the people in a huge number might cause degradation of the lives of the local people. Decline in the balance of the society: With the rise of globalization, the economic gap between the rich and the poor has been rising constantly (McNabb 2015). Thus, the balance of the society is somewhat lost. Thus, the rich people is becoming richer and the poor people is becoming poorer. Hence, as seen, the concept of neo-liberalism and globalization promised to bring in a revolutionary change in the lives of the people, along with the assurance of giving advantage and benefit to all people of the society. However, in reality, the gap between the poor and the rich has been rising. Conclusion Neo-liberalism and globalization has indeed brought in revolutionary changes in the society all around the world. It is true that the economy of the world has increased and stabilized due to globalization. However, the expectations that people had from the two concepts were not fulfilled, as these concepts were focused to make the poor people rich. However, in reality, the rich people became richer, and the poor people remained under the burdens of poverty. Thus, these two concepts were designed to achieve a specific goal. Yet, it ended up in having a different effect on the society, that might prove to be an adverse one, for the economy of the society. 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