Herrick The marshal of Salem Essay Example

Herrick The marshal of Salem Paper Mr Hale is nearly 40, tight-skinned, eager-eyed intellectual. A young minister reputed to be an expert on witchcraft. Mr Hale is called in to Salem to examine Parriss daughter Betty. His intimate liking toward Proctor actually stuns we, as readers, that a third party could be so understanding and is able to try and console those in need. In this case, Hale actually proves to be a upright citizen who tries to save Proctor from the noose by advising him to succumb to a false crime. His intentions were good like a committed Christian and hater of witchcraft. It is his assurance that we cannot look to superstition in this. The Devil is precise. His critical mind and intelligence save him from falling into blind fervor. His arrival sets the hysteria in motion, although he later regrets his actions and attempts to save the lives of those accused. Elizabeth Proctor Elizabeth does not appear until the beginning of Act Two. She is referred to beforehand, notably in a scathing comment by Abigail. When we first hear her, though, she is singing lullabies to her children, giving us the impression of a homely woman. The atmosphere in the Proctor household tells us that she has had difficulty in coming to terms with her husbands brief adultery. She is accused by both Proctor and Abigail of being cold and she confirms this opinion of herself in the last act. But she is no fool and understands well Abigails intentions, well before Proctor himself does. Her love and understanding of John is crystal clear in the last act when she leaves him to make his own decision over whether to confess. We will write a custom essay sample on Herrick The marshal of Salem specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Herrick The marshal of Salem specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Herrick The marshal of Salem specifically for you FOR ONLY $16.38 $13.9/page Hire Writer She undoubtedly recognizes that he will not be able to live with a decision to confess, but she allows him to come to his own realisation of this. Danforth Deputy Governor Danforth represents both the authority of the Law and the Church within this community. He takes his position seriously and seizes every opportunity to impress the importance of his work upon others. This is reflected in some of the long, serious speeches he gives in Act Three. His determination to enforce the Law is unrelenting. He is not interested in the individual and will not allow the work of the court to be questioned. His manner is inflexible and unemotional. It is impossible to tell why he does not accept the horror of the situation. Does he actually believe all that the girls allege? Or does he think that events have gone too far, but to stop the process would undermine his authority? Proctor has no doubt that Danforth is allowing himself to be fooled, and that he will be damned because of it Giles Corley An elderly but feisty farmer in Salem, famous for his tendency to file lawsuits. Giless wife, Martha, is accused of witchcraft, and he himself is eventually held in con-tempt of court and pressed to death with large stones. As the start of the play, Corey is something of a comic character and Proctor deals with his argumentative tendency is a good-natured way. He unwittingly implicates his wife in witchcraft, and whilst protesting to the court refuses to name an informant, and so is arrested himself. The grim manner of his death being pressed by great weights to try to force an answer is poignantly revealed to Proctor in jail. The Putnams A bitter couple, who between them represent the worst aspects of Salem society such as jealously, small-mindedness and greed, it was Ann Putnam that sent her daughter to conjure spirits in the first place and Thomas Putnam sought to gain from the tragedy of others. Thomas Putnam A wealthy, influential citizen of Salem, Putnam holds a grudge against Francis Nurse for preventing Putnams brother-in-law from being elected to the office of minister. He uses the witch trials to increase his own wealth by accusing people of witchcraft and then buying up their land. Ann Putnam Thomas Putnams wife. Ann Putnam has given birth to eight children, but only Ruth Putnam survived. The other seven died before they were a day old, and Ann is con-vinced that they were murdered by supernatural means. Ruth Putnam The Putnams lone surviving child out of eight. Like Betty Parris, Ruth falls into a strange stupor after Reverend Parris catches her and the other girls dancing in the woods at night. Rebecca Nurse Francis nurses wife, the elderly and respected Rebecca is a wise, sensible, and upright woman, held in tremendous regard by most of the Salem community, and one of the voices of good sense in the play. Hale has already heard of her good reputation before meeting her. However, she falls victim to the hysteria when the Putnams accuse her of witchcraft and she refuses to confess. The conviction of Rebecca reveals how low the community at Salem has fallen. She goes to her death with dignity and acceptance Francis Nurse A wealthy, influential man in Salem. Nurse is well respected by most people in Salem, but is an enemy of Thomas Putnam and his wife. Mary Warren Mary is the Proctors servant. She is weak and easily influenced, so it is ominous that Proctors evidence rests on Marys confession. She can barely speak in the courtroom and its relatively simple for Abigail to turn her. This is devastating for Proctor as Mary then testifies against him. Tituba Reverend Parriss black slave from Barbados. Tituba agrees to perform voodoo at Abigails request Betty Parris Reverend Parriss ten-year-old daughter. Betty falls into a strange stupor after Parris catches her and the other girls dancing in the forest with Tituba. Her illness and that of Ruth Putnam fuel the first rumors of witchcraft. Martha Corey Giles Coreys third wife. Marthas reading habits lead to her arrest and conviction for witchcraft. Ezekiel Cheever A man from Salem who acts as clerk of the court during the witch trials. He is upright and determined to do his duty for justice. Judge Hathorne A judge who presides, along with Danforth, over the witch trials. Herrick The marshal of Salem. Mercy Lewis Servant to the Putnam household. She is a merciless girl who seems to delight in the girls activities. The threats Abigail uses on the other girls are unnecessary for Mercy. When Abigail eventually leaves town, Mercy goes with her.

Free Essays on The House on the Strand

â€Å"The House on the Strand† is an extraordinary book dealing with a fascinating subject in an intriguing way. Its author Daphne du Maurier takes a fresh approach to time travel, through the use of a drug that sends the user back through time. This drug has apparent addictive qualities, pulling the main character, Dick Young deeper and deeper into a previous world, but as the book proceeds, it is deliberately confused. Is the drug addictive? Or is the addiction his fascination with this world and its people? Perhaps it’s a mix of them both as the drug expands his consciousness to the point where all he sees is so vivid and pure he can’t help but be attracted to this world. The author, through seamlessly melding two worlds into one, brings the personal crises of the main character Richard Young to the fore of the story. Are these experiences hallucinatory, a subconscious escape from dissatisfaction with his own marital life? Or has he really travelled back in time? If he has indeed travelled back in time then these experiences match his subconscious and it is a true escape from the life he lives. More and more he grudges the hours spent away from these people of long ago, resentful of the time that must be given to his loving though suspicious wife and to his stepsons, intruders into his secret life. This is carefully written and neutrally written so as not to bias the reader either way, to the wife or to Richard. With immense skill, the tension is kept on both levels and as Dick grows ever more obsessed by his trips into the past, so the reader begins to share his addiction, and to find that past and present become inextricably, perilously mixed. As he takes successive "trips", though each lasts only a short time, always he is back in the same surroundings. Invisible, inaudible, he finds that he is a kind of alter ago of Roger Kylmerth, steward to Sir Henry Champernoune, lord of the manor of Tywardreath. He witnesses intrigue,... Free Essays on The House on the Strand Free Essays on The House on the Strand â€Å"The House on the Strand† is an extraordinary book dealing with a fascinating subject in an intriguing way. Its author Daphne du Maurier takes a fresh approach to time travel, through the use of a drug that sends the user back through time. This drug has apparent addictive qualities, pulling the main character, Dick Young deeper and deeper into a previous world, but as the book proceeds, it is deliberately confused. Is the drug addictive? Or is the addiction his fascination with this world and its people? Perhaps it’s a mix of them both as the drug expands his consciousness to the point where all he sees is so vivid and pure he can’t help but be attracted to this world. The author, through seamlessly melding two worlds into one, brings the personal crises of the main character Richard Young to the fore of the story. Are these experiences hallucinatory, a subconscious escape from dissatisfaction with his own marital life? Or has he really travelled back in time? If he has indeed travelled back in time then these experiences match his subconscious and it is a true escape from the life he lives. More and more he grudges the hours spent away from these people of long ago, resentful of the time that must be given to his loving though suspicious wife and to his stepsons, intruders into his secret life. This is carefully written and neutrally written so as not to bias the reader either way, to the wife or to Richard. With immense skill, the tension is kept on both levels and as Dick grows ever more obsessed by his trips into the past, so the reader begins to share his addiction, and to find that past and present become inextricably, perilously mixed. As he takes successive "trips", though each lasts only a short time, always he is back in the same surroundings. Invisible, inaudible, he finds that he is a kind of alter ago of Roger Kylmerth, steward to Sir Henry Champernoune, lord of the manor of Tywardreath. He witnesses intrigue,...

E-commerce, Monster. Inc Essay Example | Topics and Well Written Essays - 750 words

E-commerce, Monster. Inc - Essay Example This strategy is based on co-operative business activities between two or more firms, entered into for strategic reasons, involving the creation of a separate business entity under joint control and ownership. For Monster.com this is a very attractive strategy which helps to save millions of dollars on advertising. For instance, "the combination of AOL Europe's strong consumer reach and Monster's established leadership position in the global recruiting market will result in a robust European career center for both job seekers and employers" (Monster.com Announces Strategic Alliance With AOL Europe, 2006). International expansion through strategic acquisitions helped monster to expend globally. Acquisition policy is undoubtedly the most radical growth strategy open to management in that it represents a deliberate attempt to change the nature of the business. When the overall market has been growing, it is easy for companies with a small market share to gain share. This is because the absolute level of sales of the established companies may still be growing. In 2004 Monster.com acquired jobpilot which "provides Monster with the leadership position in Germany, a key growth opportunity for Monster Europe, and it will significantly extend Monster's reach, capabilities and footprint in central Europe" (Monster World Wide Expands, 2006). Strategic alliances helped Monster.com to expand to Asian countries, for instance MonsterIndia.com. Minor strategic acquisitions took place in 1998 and involved Future Pages, College Town U.S.A. and Golden Key National Honor Society. These alliances were aimed to involve college jobseeker in online college marketplace nationwide. (TMP Worldwide's, 1999). Making a name for itself strategy also helps Mionster.com to strengthen its brand and increase market share. This enables further commercial opportunities for the brand owners and legitimizes the investment in website development and maintenance. In this respect, connecting the brand site and the social aptitude of community participants potentially creates a new marketing tool. Advertising during a Super Bowl and other sports events is a part of this strategy, which proved its effectiveness. Customers integrate all their experiences of observing, using, or consuming a service with everything they hear and read about it. Information about Monster.com comes from a variety of sources and cues, including advertising publicity, sales personnel, and packaging. Brand equity can also be thought of as an asset representing the value created by the relationship between the Monster brand and customers over time. (www.monster.com) Online community is one of the most important PR strategies applied by Monstar.com. On-line community improves communication and interaction between job-seekers and managers of the company. It becomes an interactive system that allows individual jobseekers to find the best solution and the best job according to their needs and expectations. As the most important, jobseekers have a possibility to express their opinion openly about the services they receive. Monster.com community covers wide range of different community groups and topic to meet the needs of diverse target audience. It includes samples of resumes and general tips for jobseekers, samples of cover letters and interview tips, discussion boards and interactive communication, different chat rooms and forums, etc. (Monster.com Community, 2006) This communication channel helps Monstar.com to develop profitable,

Lit review Essay Example | Topics and Well Written Essays - 2500 words

Lit review - Essay Example 000 as command center for the acquisition of equipment and supplies of all the armed services – RAF, Navy and ground forces – representing a major restructuring in defense culture and processes. This major command was created precisely to improve logistics acquisition by moving from a functional to a project-based organizational structure. Under the DLO, a total of 144 Integrated Project Teams were organized, one for each type of military equipment and supplies. Each IPT has its own set of assembly staff, logisticians, engineers, contractors and financial team, operating much like a business organization. Lysons, K. and Farrington, B. (2006)note that the Purchasing and Supply Chain Management (PSCM) concept was started in February 2001 to reduce costs as soon as possible and improve overall performance by addressing the following concerns: supplies concerns consumable items or those equipment components that can be easily repaired. Even in the US Air Force, the difficulty of finding cheap consumable parts is blamed for 40 per cent of aircraft downtime. To handle this specific problem, the IPTs created the positions of supply Range Managers (RMs) under its wing to exclusively attend to the problem of high procurement costs. In effect, the Range Managers were handed the decision-making task of finding the methods of procurement and selection of suppliers that would translate into cost-efficient defense spending. As decision-makers, the Range Managers are expected to formulate measures that would cut costs and make their organization more efficient and viable. But the task of making decisions for an organization is not as easy as it seems. Any organization is a technical instrument for mobilizing human energies and directing them toward set goals. Janczak, 2005. The main function of the organization is decision-making which entails planning, evaluating and implementing. These decision-making processes may be disrupted by petty politics and

Comparison between August Wilson and Langston Hughes Essay

Comparison between August Wilson and Langston Hughes - Essay Example One of his most anthologized poems, The Negro speaks of Rivers has been acclaimed for his passionate acceptance of his race and his reclaiming of black origins. Before Hughes wrote, many African-American artists avoided portraying lower-class black life because they believed such images fed racist stereotypes and attitudes. Hughes was of the opinion that authentic portraits of actual people would counter negative caricatures of African Americans more effectively and so wrote about, and for the common man. Hughes claimed that ninety percent of his work attempted "to explain and illuminate the Negro condition in America." Hughes portrays the nobility of common people and the vitality of his African American culture in Thank You, M'am. Mrs. Luella Bates Washington Jones, whose name ironically recognizes both the slavery codes of the founders of the United States and the dignity of the common person, gives spiritual and physical gifts to the young Roger. Finally, she gives him the greate st gift of all: the right to direct his own life. In the mid-1980's, African American drama began de-emphasizing the revolutionary aspects of the political platform, searching instead for a strong dramatic voice to tell the story of African American assimilation into mainstream American ideals. ... Wilson's plays offer the whites a new perspective into the lives of black Americans. In "Fences they see a garbageman, a person they really don't look at, although they may see a garbageman every day. By looking at Troy's life, white people find out that the content of this black garbageman's life is very similar to their own, that he is affected by the same things-love, honor, beauty, betrayal, duty. Recognizing that these things are as much a part of his life as of theirs can be revolutionary and can affect how they think about and deal with black people in their lives." This is indeed a very radical and a multidimensional portrayal of the African Americans and not merely a walled perception of the blacks. Wilson's dramatic writing, unlike his public pronouncements, is never strident, never overtly political. Even Langston Hughes depicted black families and social setups in Soul Gone Home and Mother and Child without indirectly referring to any political ideology or an apparent soc ial protest. In Southern Gentlemen and Negroes Hughes not only indicted southern injustice but reprimanded African Americans for their inertness. Therefore, it becomes imperative that one reassess Hughes's works in a new light, so as to find a niche in changing times. The tendency to dismiss Hughes as a quintessential Harlem Renaissance poet must be avoided. The main focus of Wilson's work is to look at black culture as it undergoes change and grows in evolving historical contexts. In The Piano Lesson, the piano must be read as a metonym, if not for race itself, then for the racialized plight of African Americans within the context of their history of struggle and survival in the United States. Like race, the piano is at once

The Development Of Tourism In Malaysia Tourism Essay

The Development Of Tourism In Malaysia Tourism Essay Tourism is defined as the travel for recreational, leisure or business (Wikipedia).These people who travel are known as tourists, back in 1936 the League Of Nations (LON) defined Tourist as someone traveling abroad for at least twenty-four hours. However, the  United Nations rectified this definition in 1945, by adding a maximum stay of six months on the former definition. Tourism is one of the worlds largest industries and one of its fastest growing economic sectors. It has battalion of effects, both positive and negative, on peoples lives and on the environment. For the past few decades, tourism has been growing very fast and according to the forecasts its going to be even faster in Asia and the pacific being the main continents which are promising to be the most important tourism destination of the world by 2020 because of its cultural heritage meaning that Pacific- Asia is the birth place of all the religions. The question would be, what does the religion have to do with tourism? Well one of the main significants of tourism industry is to see and learn other peoples culture from different parts of the world, which therefore gives an extra credit to Pacific- Asia. Domestically cultural heritage stimulates national pride in ones history whilst internationally it stimulates respect and understanding of other cultures. Tourism is made up of different forms; these forms are classified by typical features of spending time in the destination. Domestic tourism- is the traveling of people within the country inbound tourism this is when non- resident traveling within the country outbound tourism involves residents visiting another country internal tourism basically a combination of inbound and outbound tourism national tourism involves the combination of domestic and outbound tourism Malaysia in brief Ever since independence in 1957, Malaysia has been a country of a progressive multi racial society. The political system is based on parliamentary constitutional monarchy with a Federal Government structure, comprising 14 states. The constitution and parliamentary system is almost similar to the British Westminster model, except the members of Local Governments are appointed by the ruling parties at Federal and State levels. The location of both Peninsular Malaysia, and Sabah and Sarawak (in Borneo) lies entirely in the equatorial zone. The climate is governed by the regime of the north-east and south-west monsoons which blow alternately during the course of the year. The average temperature throughout the year is 26 °C with diurnal temperature range is about 7 °C. Annual rainfall is about 2500 mm with high humidity (80%) due to the high temperature and rate of evaporation. In the year 2000 the population was around 22 million. Under the Malaysia constitution, travel and tourism are concurrent matters in which both the Federal and State Government have responsibilities. However under the Ministry there is an agency which is directly in charge of promoting tourism in Malaysia. The agency is known as the Malaysian Tourism Promotion Board (MTPB), which was formerly known as the Tourist Development Cooperation of Malaysia (TDC) which will be touched on later in this article. Tourism development in Malaysia Lying just north of the equator, with more than one thousand islands found there, not forgetting the marine parks and rainforests all filled with beautiful birds and wildlife. It is in this country again where people talk about golden beaches, ever green vegetation, mountains and unforgettable shopping malls. All these can only be found in Malaysia; in general this country is a fascinating place to be. According to the Department of Wildlife and National Parks Malaysia, before 1970 tourism was just an idle, it was not regarded as an important economic activity. It all then started in the 70s when the old Tourism Department of 1959 was developed or redefined to Tourism Development Corporation (TDC). It was officially formed in 1972 under the Ministry of Trade Industry (MITI) and was given a responsibility of acting as an authority development but with very low precedence therefore tourism sector did not really develop in Malaysia comparing it with other countries like Singapore, Indonesia and Thailand. It was during this same year when Malaysian Airlines was formed too, this took the countrys economy by surprise a combination of MA and TDC led to the world tourism map. However, in the 80s the industry started increasing rapidly because of certain changes that took place in Malaysia, the increase of personal income, leisure time, and improvement in international transportation system s and finally the greater public awareness of other parts of the world due to the improvement in communications. The above mentioned developments gave a clear view to the Malaysian government that Tourism can play a big role in its economy and social development so as a result; it decided to promise to accomplish a series of positive initiatives to stimulate the development of the tourism sector. These include the following: (a) The government established the Ministry of Culture and Tourism (which became the Ministry of Culture, Arts and Tourism in 1990). This provided an institutional framework for the planning, coordination, and regulation of tourism and for the first time tourism was accounted for within the framework of recognized economic activities; (b) By virtue of the Tourism Industry Act of 1992 and the Malaysia Tourism Promotion Board Act of 1992, the new Ministry of Culture, Arts and Tourism took over from TOC the function of formulation and implementation of policies, licensing and enforcement aspects of the tourism industry. TOC thereafter became known as the Malaysia Tourism Promotion Board (or Tourism Malaysia for short), with a role concentrated on marketing and promotion; (c) The Investment Incentives Act was revised in 1986 to include the tourism sector, thereby giving additional stimulus to tourism investment, such as the Pioneer Status Investment Tax Allowance, Industrial Building Allowances, and tax exemption for large foreign group tours; (d)The Investment Incentives Act was revised in 1986 to include the tourism sector, thereby giving additional stimulus to tourism investment, such as the Pioneer Status Investment Tax Allowance, Industrial Building Allowances, and tax exemption for large foreign group tours; In 1990, the federal government set up a Ringgit Malaysia (RM) 120 million special fund for tourism to stimulate its development, including small and medium scale enterprise. Malaysias government is now focusing more than ever on its Tourism Industry for example through developing its tourists attraction like developing the island destinations. In addition Tourism is the second foreign exchange earner in Malaysia after manufacturing so the government does its best to stimulate this. Moreover in 2006 Malaysia was voted one of the top five popular outbound destinations out of hundred countries. Malaysias reputation for tourism has been growing in the last years, travelers look for more beachfront resorts; they are turning to Malaysias beautiful coast. However thats not the only way tourism is growing. Malaysia has become a hot destination for medical tourists in South East Asia, tourists seeking for cheaper prices on medicals, treatments, and drugs. Moreover, countries like Malaysia are beginning to protect their cultural heritage in order to increase tourism to traditional festivals and celebrations. Tourism in Malaysia can be divided into different sub sections which perform various activities but under the umbrella of the same tourism. Tourism activities can be divided into : Education tourism: Malaysia school atmosphere is well known for its uniqueness and social interaction of different groups, as the number of institutions increase due to the help of foreign colleges and universities so did the foundation of the tourism industry. Curently over 50 000 foreign students are in Malaysia. In addition, this type of industry is not aiming to target students only but also their families for example when they come to visit their children then that means they will also get an opportunity to spend their holidays touring around Malaysia. Medical tourism : health tourism existed long before during the eighteenth century. This tourism is associated with the following, spas, places with health-giving mineral waters, treating diseases from gout to liver disorders and bronchitis. Doctors have highlighted the benefits of bathing in sea water, and sea bathing, even this has become a part of health tourism. In Malaysia it was firstly introduced in 1999, known as the Medical Health Sector. It has become popular for its safe and mostly affordable medicine which therefore has attracted so many people around the world. Tourism at the Festival: The calendar of Malaysia is made up of a number of festivals. Hari Raya Puasa is a Muslim feast to celebrate the ending of the holy month of Ramadan. The Festival of San Pedro occurs in mid summer on June 25th. This festival is a celebration of fishing and the great role fishing has place in Malaysian culture. The fishing boats are decorated in brilliant colors and then blessed and a prayer said for a better year of fishing in the year to come. In August and September, Malaysians celebrate the Chinese Mooncake Festival, commemorating the defeat of the Mongols in the fourteenth century. On the evening of the festival, celebrants pour out into the streets to watch a beautiful procession of colored lanterns. The other delight of the festival is the mooncake itself, a sweet round cake of nut paste, red beans, and egg yolk. From such diverse traditions, the Malaysians throw celebrations that draw tourists from all over the world (http://www.travels.com). Adventure and Beach tourism: The worlds most attractive beaches are found in the south east of Asia. Beaches in Malaysia attract so many tourists because of its soft powdery sand and sun; however the jet-skiing and the excursions in banana boats also play a big role in drawing the tension of tourists. Adventure tourism involves Malaysias wild jungles, volcanic peaks and national parks. For example Taman Negara, chasing orangutans near Sabah and Sarawak on Borneo or searching out Malaysias very own legendary Bigfoot in Endau-Rompin National Park (http://www.ehow.com). Stakeholder analysis Firstly stakeholders mean any individual or group who has interest in a program and they can have either positive or negative impacts on the companys oor organisations actions. Stakeholders can be devided into three types which are , primary stakeholders secondary stakeholders and key stakeholders.   Primary stakeholders are those who are extremely affected, either positively or negatively by the organizations actions. Secondary stakeholders are the intermediaries; these are the people who are indirectly affected by organizations actions. Key stakeholders can belong to the above mentioned two types of stakeholders, there are very important within an organization. The stakeholder analysis given below provides a generic overview of the possible stakeholders in Tourism industry. Service providers Service providers encompass a group of diverse stakeholders engaged in public or private market-oriented activities of service provision. These include travel agency which acts as a business, that sells travel related products and services to customers, suppliers such as providers and companies involved in transport and communication for example, airlines, car rentals, cruise lines, hotels, railways, sightseeing tours and package holidays. In addition the travel agent is supposed to be biased free when giving an advice of traveling to the tourists. Moreover traveling agency which indirectly has an impact in all the above mentioned services provider can help drive tourism industry forward by adopting good environment and hospitality practices, innovation and encouraging political representatives to support the development of industry. Non-gorvernmental organizations These organizations provide information and raise awareness. They also often advise the industry on the use of the environment and suport it for example through, financiing and institutions. Developers and investors Developers and investors from either the private or public sectors may initiate the development of the industry. The decision of developers and investors to introduce systems for the safe use of environment often tightly related to the sustainability entire progams Financial institutions The introduction of new infrastructure generally requires that the investment and operation costs be secured. Research institutions These may be universities or other research-oriented institutions or organizations that can provide evidence and advice to program initiators, developers, municipalities and non-governmental organizations. 9 International organizations International organizations can ensure that external funds for tourism are bundled with appropriate environmental promotion and environment marketing activities; encourage governments to consider appropriate cheaper and more sustainable services; finance local tourism research; develop guidance and tools for facilitation good practice; disseminate information; actively endorse the idea of flexible technical norms and standards to allow for innovation and finally to facilitate safe use and resource efficiency. PEST Analysis

Depression vs Recession – Difference and Comparison Diffen

Depression vs Recession Diffen †º Economics In economics, the words recession and depression are used to refer to economic downturns. One could say that while a recession refers to the economy â€Å"falling down,† a depression is a matter of â€Å"not being able to get up. † Comparison chart Improve this chart Frequency: Depression Infrequent (approximately once in a generation). 3 notable depressions Great Depression in 1930s, Long Depression from 1870s-1890s, panic of 1837. No official definition. A severe recession with a 10% decline in GDP is usually called a depression.Recession Frequent. The National Bureau of Economic Research has identified 10 recessions. (http://bit. ly/acM3VJ) Definition: An economic contraction when GDP declines for two consecutive quarters is usually called a recession. Ads by Google Recession Depression US Recession Economics GDP Contents 1 Difference between definition of recession and depression 1. 1 Definition of Recession 1. 2 Defi nition of Depression 2 Characteristics of a Recession vs. Depression 3 Related Articles 4 References Difference between definition of recession and depressionDefinition of Recession A recession is a contraction phase of the business cycle. The U. S. based National Bureau of Economic Research (NBER) defines a recession more broadly as â€Å"a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. † American newspapers often quote the rule of thumb that a recession occurs when real gross domestic product (GDP) growth is negative for two or more consecutive quarters.This measure fails to register several official (NBER defined) US recessions. Definition of Depression A depression refers to a sustained downturn in one or more national economies. It is more severe than a recession (which is seen as a normal downturn in the business cycle). There is no official definition for a depression, even though some have been proposed. In the United States the National Bureau of Economic Research determines contractions and expansions in the business cycle, but does not declare depressions.A GDP decline of such magnitude has not happened in the United States since the 1930s. Characteristics of a Recession vs. Depression The attributes of a recession include declines in coincident measures of overall economic activity such as employment, investment, and corporate profits. Recessions are the result of falling demand and may be associated with falling prices (deflation), or sharply rising prices (inflation) or a combination of rising prices and stagnant economic growth (stagflation).A common rule of thumb for recession is two quarters of negative GDP growth. The corresponding rule of thumb for a depression is a 10 percent decline in gross domestic product (GDP). Considered a rare but extreme form of recession, a depression is characterized by â€Å"unusual† increases in unemployment, restriction of credit, shrinking output and investment, price deflation or hyperinflation, numerous bankruptcies, reduced amounts of trade and commerce, as well as highly volatile/erratic relative currency value fluctuations, mostly devaluations.Generally periods labeled depressions are marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced given current resources and technology (potential output). A devastating breakdown of an economy (essentially, a severe depression, or hyperinflation, depending on the circumstances) is called economic collapse. Related Articles GDP vs GNP Monetary Policy vs Fiscal Policy Nominal GDP vs Real GDP American Economy vs Canadian Economy 9/3/12 Depression vs Recession – Difference and Comparison | Diffen Economic Development vs Economic GrowthReferences http://en. wikipedia. org/wiki/Recession (retrieved on October 12, 2008) http://en. wikipedia. org/wiki/Depression_(economics) (retrieved on October 12, 2008) The Economist – Diagnosing Depression Comments: Depression vs Recession Add a comment†¦ Comment using†¦ Omar Ngodan Secka  · Group Head, Real Estate Marketing at AGIB LTD wonderful explaination Reply  · Like  · August 13 at 6:08am Abdulkader Sa'ed M'oud  · Amoud University prolonged recession is known as depression. Reply  · 1  · Like  · May 8 at 3:07amAmmar Kamran  · ICMAP owesome Reply  · Like  · June 14 at 11:45pm Mohammad Asad  · Lecturer at Kardan Institute of Higher Education recession is for short period of time and its affects can on one economy and depression on the other hand have longlasting affects on more than one economies. Reply  · 1  · Like  · April 8 at 12:33am Saroj Dhal  · Works at Shoppers Stop contineously and consistency down of market condition that is known as depression. Reply  · 1  · Like  · February 2 3 at 7:19am Anonymous comments There are no anonymous comments yet for Depression vs. Recession. Comment anonymously www. diffen. com/difference/Depression_vs_Recession 2/2