Personal Statements on Historical American Events Statement

Statements on Historical American Events - Personal Statement Example The corporations started accumulating large reserves and issuing new stocks and this contributed to the stock market crash. The government has undertaken measures to restructure the corporate world through ensuring corporations are run by hired management and ensuring ordinary citizens have a chance of owning a stake through buying shares in listed companies (Zakim and Kornblith 78). The capitalism influence has been curtailed by organized labor since trade unions bargain for minimum wages and better welfare of workers. This has been occasioned by various laws that govern employment practices and more enlightened workforce. The American capitalism has transformed to cater for all stakeholders in the economy including shareholders, employees, lenders, suppliers, government, and society. The management is responsible for ensuring efficiency and balancing the competing interests of various interested groups such as shareholders and employees. The modern management practices have a sense of responsibility towards the society and general public and companies avoid activities that may harm the environment such as pollution. Accordingly, various laws aim at enhancing perfect competition and limiting the influence of cartels and monopolies. Although the recent financial crisis identified some loopholes in corporate governance, measures have been undertaken to ensure that capitalism promotes ownership of property, good business governance and social responsibility. Capitalism has not hindered the freedoms enjoyed by the citizens. The scope of government is limited in a free market economy and its primary roles include safeguarding private contracts, ensuring law and order and fostering competitive markets. The government is also diversified since state governments provide basic amenities such as schools and sewage disposal depending on their by-laws and thus ensuring

Hiroshima and nagasaki bomb Research Paper Example | Topics and Well Written Essays - 2250 words

Hiroshima and nagasaki bomb - Research Paper Example Waves of fire and flash burns devoured people (Richard Minear, 1990). In Hiroshima, firestorm wind made the structures burn and people highly affected. Trees got uprooted and fire debris and other remains flew here and there. Hazardous radiation added to the causalities. Immediately after the explosion temperature rose to millions of degrees and light emitted to a level exceeding the brightness of sun (Richard Minear, 1990). Deadly radioactive particles affected the people and atmosphere in such a way that it wouldn’t t be healed even after centuries. Both the cities and the neighboring areas suffered from radiation sicknesses and death for several decades. Hiroshima and Nagasaki before the bombing – brief information Hiroshima with its dense population was a city of high military importance to Japan. Almost three-fourth of the city’s population was concentrated on the densely populated well-built centre portion of the city. Having the 2nd Army headquarters and c rucial communication points, the city was a major assembling point for the troops. Hiroshima contained few large industrial plants, reinforced concrete buildings, wooden houses, wooden workshops and numerous industrial buildings (Dower, 1995). Because of the risk of earthquake majority of the houses and industrial buildings were wooden built and reinforced concrete constructions were strong. ... The major part of the population lies along the heavily build-up area which is concentrated to very few kilometers. Numerous industries that produced military equipments, war accessories, ships and other materials made Nagasaki a crucial city for Japan. Buildings, structures and houses were made of wood, with no plaster or roof tiling. Most of the industries were also houses in wooden buildings. It would be best to call Nagasaki and industrial valley with thickly populated industries and houses built close to the industrial buildings. The effects of bombing in Hiroshima and Nagasaki – People and economy The bombing completely paralyzed Hiroshima and Nagasaki. Cities were destroyed, people were killed, affected and stranded, and environment was polluted to a level that even the future generations could not escape from the aftereffects of the bomb.   Ã‚  Ã‚  Ã‚  Ã‚  The atom bomb had numerous long term effects on the health and well being of the affected people. Majority of th e people in the affected area were heavily exposed to radiation and developed different types of cancers, including leukemia. Children who were exposed to radiation became highly susceptible to cancer and other radiation sicknesses (Kodansha, 1993). Almost all living victims of the bomb were in the risk of getting myoma, cancers, hepatitis, thyroid problem, liver problem and several other health issues (Kodansha, 1993). Eyesight was affected and cataract problem was encountered by numerous survivors who were exposed to radiation (Kodansha, 1993). Apart from this, people suffered heavy loss; they lost their family members, house, property and all belongings (Lifton, 1967). This had numerous long time consequence including sufferings and pain. Orphans and elderly