Reading Stories with Children Essay Example | Topics and Well Written Essays - 500 words

Reading Stories with Children - Essay Example book was depicting the story of the princess more did not please him and there are many times that the child lost concentration and was distracted by some simple natural events taking place while I was reading the book. The reason why I uncovered the loss of concentration is the age of the child. The child was too young to understand issues revolving around relations and love. The child was only 6 yrs old and I asked him whether he liked the book and said that it was not very interesting. I consequently asked the kid why he had chosen the book if it was to bore him. However, the child offered me an answer that I did not expect. The child explained to me that he had chosen the book because he had heard the older sister talking about it and thought that it was appropriate to try reading it. The other story that I read the child is called Jack and the Beanstalk. While reading this book, I found a huge change in the manner in which the child responded. As opposed to previously, the child was more interested and this is noted from the questions that he asked as I was reading (Samuels 54). I experienced the fact that initially the child was a passive listener However, in this particular story, the kid was actually asking questions almost in every page that I was reading. I asked the kid what he liked about the book and he told me that he liked Jack and that he wanted to meet the king. When I further asked why he wanted to meet the king in the book he told me that he wanted to do this because he had read in class that the king is very strong and thus why he was eager to meet him. Another point that I noticed about the child is that he had more expectations than the ordinary 6 year old. The reason is that he expected most of the content in the book to have many cartoonist characteristics as used to the television that he was used to. The setting was critical for the kid as he understood that more serious situations in life do happen and this is more than what he was

Macro-Economic Objectives and their Impact on Business Activity Assignment

Macro-Economic Objectives and their Impact on Business Activity - Assignment Example The RPI reflects a weighted average of price rises over the previous 12 months and as such it can be seen as the rate of inflation affecting the average household. (Jewell, 2007) Economists attribute inflation to one of the three causes; Excess demand in conditions of full employment, this is also known as demand pull inflation. Monetary inflation, which is the excess rise in the money supply A rise in the cost of production that is, in turn, passed on to the customers by firms enjoying some degree of monopoly power. This is cost push inflation. Inflation leads to a rise in prices, it has the effects of redistributing purchasing power. Businesses might suffer if their customers experience a decline in their real incomes. Moreover, if the inflation is one of costs rather than prices, profit margins will be squeezed. Conversely, inflation caused by access demand may lead to an increase in profits margin. One of the most damaging aspects of inflation from the business point of view is t hat it makes planning for the future difficult. Budgeting becomes difficult. Making provisions for expenses and purchases becomes difficult as prices tend to increase. (Jewell, 2000) The unemployed are defined in government statistics as those people seeking work who are unable to obtain a job. Unemployment can occur due to deficiency in demand; this could be cyclic, which is temporary during recession. Or it could be persistent which results from long-term deficiency. Technological advancement curb the need for manpower and this can also result in unemployment. Structural unemployment occurs when there is a change in the structure of demand leading to the decline of a major industry. Regional unemployment occurs when a major local industry declines leaving the workers of that area unemployed. Frictional unemployment results from the unemployment while job changing. Another form of unemployment is voluntary, which is the unwillingness to work at current rates of pay McEachern, 2008) . In theory, a high level of unemployment should increase the reserves of labour available to business. Firms that are starting up would find labour easily. Furthermore, excess supplies of labour may also weaken the resolve of unions to demand high pay. These were the advantages of unemployment; however, it is possible for unemployment to coexist with shortages of particular types of labour or shortages in certain geographical regions. (Frank & Bernanke, 2001) Economic growth is basically an increase in the productive capacity of the economy or a rise in real national income per head. As it provides the means for achieving higher living standards for all, it opens up the prospects of reducing poverty without the necessity of income redistribution. Economic growth is beneficial to private sector firms. New market opportunities will be created in an expanding economy. This provides scope for emerging businesses as well as the expansion of existing ones. A growing economy is favorable for any business and especially the ones that are new. Economic growth is measured by the increase in the gross domestic product (GDP) of the country. GDP can be measured by the expenditure approach or by the income approach. (Wessels, 2006) International Trade and the Balance of Payments The balance of payments is a set of accounts recording details of a nations transaction with the rest of the world. The current account measures a country's trade in currently produced goods and