Friday, February 14, 2020

Did the frontierhelp shape American individualism Assignment

Did the frontierhelp shape American individualism - Assignment Example It took centuries of efforts and sacrifices before the country achieved its illustrious and commanding status in the world. If not for these events, it will just be another nation that would want to make a name for itself. For new frontiers to be discovered and developed, vast efforts were undertaken by generations of people who have dreamt of reaching not just fame for people as individuals but for the nation as a whole (Hoover, 2005). As Turner (1893) stated on his essay The Significance of the Frontier in American History, the frontier is the borderline of barbarism and development. The 300 years in the history of the United States and its people serve as the frontier of the land. Though the actions and strategies that were taken during these years were truly primeval compared to the ideologies and designs which are being used in recent years, they are responsible for many important details and events in history. The most important contribution or event by these primeval acts is the liberation of the land from its colonizers. This single event transformed a land to a civilized nation. Three hundred years of struggle can be considered as baby steps to the present pace of the country in different aspects of the society and governance. If not for these baby steps, the nation would not be capable of taking leaps that have made their mark in world history. What used to be desert and unplowed lands are now either cultivated fields or modernized cities. If there would be one thing that the present Americans should learn from their forefathers is the fact that during the three-century frontier, they fought for the land as a whole and not on a per state basis. This should be considered if the present nation would like to sustain its stature and the ability to adapt to changes that are being consistently undertaken not just by the Americans

Saturday, February 1, 2020

Business Case Study Example | Topics and Well Written Essays - 500 words

Business - Case Study Example This is a point of concern because AIG was in the past, ranked among the world’s best performing insurance companies. Its closure in 2008, before the government bailed it out, happened in a period when the United States and other world regions were experiencing financial heat, because of the financial crisis that had rocked the world. However, the company had itself it blame for its downfall, since the management did not practise caution in running the company, neither did they develop effective business strategies that would see the company withstand any financial storm (Ferrell, Fraedrich &Ferrell, 2013). This case study therefore, raises different issues concerning AIG, its business practices, and its downfall. From its history, AIG was considered a competitive company, having a market value of approximately $200 billion in 2007. However, this changed in 2009 when the market value of this company sharply declined to only $3.5 billion. The government in 2008 came in to rescu e the company from facing total bankruptcy. This was an important move by the government, as it saved other companies, which depended on AIG, from facing equal bankruptcy. The AIG was a big player in the financial market; therefore, total bankruptcy would have worsened the 2008-2009 economic turmoil (Ferrell, Fraedrich &Ferrell, 2013). The factors that led to the decline of the AIG are analysed, and these mostly include internal factors in the company.