Thursday, May 21, 2020

Betty Shabazz Profile and Biography

Today Betty Shabazz is best known for being the widow of Malcolm X. But Shabazz overcame challenges before meeting her husband and after his death. Shabazz excelled in higher education despite being born to a teenage single mother and eventually pursued graduate studies that led her to become a college educator and administrator, all while raising six daughters on her own. In addition to her rise in academia, Shabazz remained active in the fight for civil rights, dedicating much of her time to helping the oppressed and underprivileged. Early Life of Betty Shabazz: A Rough Start Betty Shabazz was born Betty Dean Sanders to Ollie Mae Sanders and Shelman Sandlin. Her place of birth and birth date are under dispute, as her birth records were lost, but her birth date is believed to be May 28, 1934, and her birthplace either Detroit or Pinehurst, Ga. Like her future husband Malcolm X, Shabazz endured a difficult childhood. Her mother reportedly abused her and at age 11 she was removed from her care and placed in the home of a middle-class black couple named Lorenzo and Helen Malloy. A New Beginning Although life with the Malloys gave Shabazz an opportunity to pursue higher education, she felt disconnected from the couple because they refused to discuss her brushes with racism as a student at the Tuskegee Institute in Alabama. The Lorenzos, although involved in civil rights activism, evidently lacked the capacity to teach a young black child about how to cope with racism in U.S. society. Raised all of her life in the North, the prejudice she encountered in the South proved too much for Shabazz. Accordingly, she dropped out of Tuskegee Institute, against the Malloys’ wishes, and headed for New York City in 1953 to study nursing at Brooklyn State College School of Nursing. The Big Apple may have been a bustling metropolis, but Shabazz soon discovered that the Northern city wasn’t immune to racism. She felt that the nurses of color received harsher assignments than their white counterparts with little of the respect afforded to others. Meeting Malcolm Shabazz began attending the Nation of Islam (NOI) events after friends told her about the black Muslims. In 1956 she met Malcolm X, who was nine years her senior. She quickly felt a connection to him. Unlike her adoptive parents, Malcolm X did not hesitate to discuss the evils of racism and its impact on African Americans. Shabazz no longer felt alienated for reacting so strongly to the bigotry she encountered in both the South and the North. Shabazz and Malcolm X routinely saw each other during group outings. Then in 1958, they married. Their marriage produced six daughters. Their youngest two, twins, were born after Malcolm X’s assassination in 1965. Second Chapter Malcolm X was a faithful devotee of the Nation of Islam and its leader Elijah Muhammad for years. However, when Malcolm learned that Elijah Muhammad had seduced and fathered children with several women in the black Muslims, he parted ways with the group in 1964 and ultimately became a follower of conventional Islam. This break from NOI led to Malcolm X and his family receiving death threats and having their home firebombed. On Feb. 21, 1965, Malcolm’s tormentors made good on their promise to end his life. As Malcolm X gave a speech at the Audubon Ballroom in New York City that day, three members of the Nation of Islam shot him 15 times. Betty Shabazz and her daughters witnessed the assassination. Shabazz used her nursing training to try to revive him but it was no use. At the age of 39, Malcolm X was dead. After her husband’s murder, Betty Shabazz struggled to provide an income for her family. She eventually supported her daughters through proceeds from sales of Alex Haley’s Autobiography of Malcolm X along with proceeds from the publication of her husband’s speeches. Shabazz also made a concerted effort to better her self. She earned a bachelor’s degree from Jersey City State College and a doctorate in education from the University of Massachusetts in 1975, teaching at Medgar Evers College before becoming an administrator. She also traveled widely and gave speeches about civil rights and race relations. Shabazz also befriended the Coretta Scott King and Myrlie Evers, the widows of civil rights leaders Martin Luther King Jr. and Medgar Evers, respectively. The friendship of these â€Å"movement† widows was portrayed in Lifetime 2013 film â€Å"Betty Coretta.† Like Coretta Scott King, Shabazz did not believe that her husband’s murderers received justice. Only one of the men convicted of Malcolm X’s murder actually admitted to committing the crime and he, Thomas Hagan, has said the other men convicted of the crime are innocent. Shabazz long blamed NOI leaders such as Louis Farrakhan of having her husband killed, but he denied involvement. In 1995 Shabazz’s daughter Qubilah was arrested for trying to take justice into her own hands and have a hit man kill Farrakhan. Qubilah Shabazz avoided prison time by seeking treatment for drug and alcohol problems. Betty Shabazz reconciled with Farrakhan during a fundraiser at Harlem’s Apollo Theater to pay for her daughter’s defense. Betty Shabazz also appeared at Farrakhan’s Million Man March event in 1995. Tragic Ending Given Qubilah Shabazz’s troubles, her preteen son, Malcolm, was sent to live with Betty Shabazz. Unhappy with this new living arrangement, he set his grandmother’s home ablaze on June 1, 1997. Shabazz suffered third-degree burns on 80 percent of her body, fighting for her life until June 23, 1997, when she succumbed to her injuries. She was 61.

Sunday, May 17, 2020

The Price Of Classical Recordings - 1235 Words

1. For each of the following pair of goods, which good would you expect to have more elastic demand and why? †¢ Mystery novels are elastic demand than required textbooks. If the price of required textbooks rose, students would have little choice but to pay the higher price. You can substitute a mystery novel, while required textbooks are a necessity with no close substitutes. If mystery novels price rise, readers would substitute other types of novels, or choose not to purchase at all. Quantity demanded of required textbooks is less responsive to price than the quantity demanded of mystery novels. †¢ Beethoven recordings are elastic demand than classical music recordings. Beethoven recordings are a slighter market than classical music recordings, finding a substitute is easier. If the price of Beethoven recordings rose, people would substitute other classical recordings. If the price of all classical recordings were to rise, substitution would be more difficult based off of choices or selections today. The quantity demanded of classical recordings is less responsive to price than the quantity demanded of Beethoven recordings. †¢ For subway travelers, the price elasticity of demand when the price of tickets rises in six months verses five years. If the prices were to rise the consumer would substitute mode of transportation depending on all variables such as gas prices and car prices. †¢ Root beer has more elastic demand than water. Root beer is a luxury with closeShow MoreRelatedThe Life of Florence Beatrice Smith Price Essay803 Words   |  4 PagesFlorence Beatrice Smith Price was born April 9, 1887 in Little Rock, Arkansas to James and Florence Smith. Her father was a dentist and her mother had numerous careers working as a piano teacher, school teacher, and businesswoman. She had two siblings who both knew how to play the piano. Florence as well as her siblings, received music lessons from her mother who published some of her musical works. Price gave her first piano performance at the very young age of four. However, she did not write herRead MoreRap Music And New School Rap1301 Words   |  6 Pagesall over America to entertain people who are waiting for their appointments to be met, or to pay for food to feed their family. People also play music at parties to entertain their guest or to keep the party form becoming dull like a lot of old classical music. In addition, Devos explains, however, the argument that, â€Å"In rap, the basic beat comes from hard funk rather than Jamaican rhythms, and it is true that there are important differences between rap and reggae. But the process leading to theRead MoreDominick10 Tb Ch08 1 1005 Words   |  5 PagesChapter  8 Sound  Recording  Ã‚            True/False            1.  Thomas  Edison,  the  inventor  of  the  phonograph,  thought  it  would  be  useful  as  a   dictation  machine.   Ans:  T            2.  When  radio  began  to  gain  in  popularity,  sales  of  records  and  record  players   skyrocketed.   Ans:  F            3.  TVs  rising  popularity  affected  radio,  but  not  the  recording  industry.   Ans:  F            4.  Rock  music  has  roots  in  several  musical  genres,  including  rhythm  and  blues.   Ans:  T            5.  The  dawn  of  the  60s  brought  a  new  clean ­cut  breed  of  rock  starRead MoreElectronic Distribution And The Music Industry994 Words   |  4 Pagesa lot of money, work and a marketing strategy. Strategies that have changed throughout time because of the increasing advances in technology. One of those technologies is the change of songs unto a digital format and online streaming against the classical CD by CD sell and distributions technique. These changes created a huge change in the music market. Are those changes in digital distributions and online streaming truly benefiting the music industry and the Artists? Or is one swindling the otherRead MoreEssay Sex Drugs and Econ1535 Words   |  7 Pageshuman life of all—sex. She asks, from a supply-side point of view, why do sex workers ask such high prices for their trade and eschew bargain prices? Theoretically, competition should keep wages low. But, like â€Å"competitive athletes and bond salesmen,† sex workers know their careers are likely to be short-lived. (4) Thus, all wage costs in the sex industry, tend to be quite high, making prices fairly inelastic. 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The development of these equipment has allowed the audience to experience a higher quality of sound coming from both live concerts and recordings. Easiness of transportation that came along with the technological developments in the sector, has allowed the record labels to distribute music all around the world. DuringRead MoreEconomics: Supply and Demand and Price Elasticity1581 Words   |  7 Pagesthey related? Why does the supply curve slope upward? 6. Does a change in producers’ technology lead to a movement along the supply curve or a shift in the supply curve? Does a change in price lead to a movement along the supply curve or a shift in the supply curve? 7. Describe the role of prices in market economies. 8. List and explain the four determinants of the elasticity of demand. 9. How did elasticity help explain why drug interdiction could reduce the supply of drugs,Read MoreEssay on Music and Epilepsy1534 Words   |  7 Pagesemploying the use of background music in a classroom, the attention and learning abilities of children can be positively affected to a significant degree. (Davidson C; Powell L, 2001) By playing a selection of â€Å"easy-listening music† (using a more classical theme with strings and wind instruments) in the classroom, children showed superior â€Å"time-on-task† (TOT) while the music was playing, and when the music was removed, they regressed to their prior behaviors. Davidson and Powell’s results concluded

Wednesday, May 6, 2020

Essay About Pajamas And The Boy In The Striped Pyjamas

Imagine this! Becoming close friends with a boy that lives on the other side of a fence in a Nazi camp and only being able to talk to them through a fence never being able to run around together or just play a game of tag. Well that’s what happened to a little nine year old boy named Bruno that had to move very far away for his dads work. Bruno wondered beyond the fences when he met a little boy that seemed just like himself but yet his life and circumstances were extremely different then Bruno’s. This story is both a tragic and extremely depressing book and a movie called The Boy in the Striped Pajamas. The book and movie were both absolutely fantastic and were very much alike, but they still had some differences. The few differences†¦show more content†¦He enters the camp to help the little Jewish boy find his dad, but instead something horribly tragic happens. Bruno gets mistaken by the Nazis as a Jewish boy and is thrown in the gas chamber on accident. The ending of the book is super heartbreaking; however, the end of the movie isn’t as depressing but is still very sad. In the end of the movie Bruno sneaks under the fence to help the Jewish boy find his dead, but is later hung. This change in perspective means that there is a bigger focus on other characters, giving the film a strong family dynamic and allowing the audience to see more of how Bruno’s mother and sister are coping and adapting to the changes, rather than only Bruno’s blurred understanding of it. seeing how Bruno’s how Bruno’s mother slowly breaks down and becomes more and more emotional and how his sister is so quickly influenced by her Nazi teachings makes the story all the more shocking, which is a great advantage of the film. Whilst Bruno’s Mother is more likeable in the film, there is a fundamental reason as for why we don’t see so much of this emotional side to her character in the book. In the book, she appears to b e more aware of what’s actually going, which is the more realistic of likelihoods, whereas in the film she come across as quite misled by her husband. There is a great scene in the film, however, when a Lieutenant comments that â€Å"They smell even worse when they burn†, which is when it first hits her that there’s more to beShow MoreRelatedEssay on The Short Life of Anne Frank by Gerrit Netten2196 Words   |  9 PagesIn this essay, I will aim to discuss and analyse my chosen documentary ‘The Short Life of Anne Frank’ by Gerrit Netten, with cinema dramatization of real events ‘The Boy in the Striped Pyjamas’ by Mark Herman. I will be focusing on how each director uses techniques to show true aspects of real life, and how this persuades the audience into believing that they are witnessing something accurate, and true to the directors intention. Gerrit Netten’s 2001 documentary ‘The Short Life of Anne Frank’ Read MoreAnalysis Of The Book The Boy Of The Striped Pajamas 2429 Words   |  10 PagesLiterature March 30, 2015 The Boy in the Striped Pajamas Introduction ​Most people view the Holocaust as one of the worst things that has ever happened in human history. It’s very difficult to argue this belief. Not only were millions of people killed in battle, but millions were killed outside of battle. After his murder of over six million Jews, Adolf Hitler became regarded as one of the most hated and evil people in the world, and still is today. The Boy in the Striped Pajamas is a novel based on thisRead MoreA Paradox Of Innocence : An Essay3669 Words   |  15 PagesInnocence: An Analysis of The Boy in the Striped Pajamas Introduction As a child, we are focused on the small aspects of life. We worry about eating ice cream on a hot summer day or when we will get the opportunity to go out on a cold snowy day and go sled riding with our friends and drink hot chocolate. We are fully focused on such basic childlike desires that we are completely unaware of serious events happening around us or in this case right next-door. As a nine-year-old boy, Bruno has no idea thatRead MoreThe Boy in the Striped Pyjamas Portfolio6447 Words   |  26 Pages10 | Reflection | 11 | Film review | 12 | Interview | 14 | Song interpretation | 16 | Peer assessment | 18 | Vocabulary | 20 | Self evaluation | 22 | Introduction This portfolio documents my dealing with the book â€Å"The Boy in the Striped Pyjamas†, written by John Boyne, and the corresponding film, which was released in 2008. The reason I chose this particular material is the following: I saw the film before reading the book, which, as I see it, is not the right way to do, because

Slavery A Prominent Source Of The American Economy

Slavery was a prominent source of the American economy in the nineteenth century. It was a major part of the American society in the nineteen century whether you were a slave, slave master, or a white or African American citizen; your life was still influenced by slavery. There were citizens who favor of slavery and other citizens who were anti-slavery. Slave speeches such as Henry Brown, Harriet Jacobs, and also abolitionist such as William Lloyd Garrison and Fredrick Douglas; made it clear that the existence of slavery brands republicanism as a sham, humanity as a base pretense, and also Christianity as a lie. These three arguments were presented in Fredrick Douglass’s speech in Rochester, New York in July 1852. Fredrick Douglass was a slave who rose to become a voice for the African Americans in the nineteen century. â€Å"The existence of slavery in this country brands your republicanism as a sham.† Douglass uses this phrase to describe how slavery is negatively a ffecting the nation. Slavery is shameful and promotes unequal rights for the African-Americans. Considering the nations Declaration of Independence, the document our nation is built off of, the United States is based off of freedom. However slaves were not included in this known freedom that was written in the Declaration. William Lloyd Garrison, an abolitionist who published The Insurrection, makes it clear that white Americans are being hypocritical towards slave’s freedom. â€Å"Ye patriotic hypocrites! Ye fustianShow MoreRelatedTransatlantic Slave Trade and the Effects on the American Economy1627 Words   |  7 PagesTransatlantic Slave Trade and the effects on the american economy Transatlantic Slave Trade The Transatlantic slave trade is a â€Å"wrenching aspect of the history of Africa and America† (Colin Palmer). The transatlantic slave trade transported African people to the â€Å"New World†. It lasted from the 16th to the 19th century. Slavery has had a big impact on African culture. The Africans were forced to migrate away from everything they knew, culture, heritage and lifestyles (Captive Passage). CoupledRead More2002 APUSH DBQ1468 Words   |  6 Pagescaused by the emergence of different Republican factions. States distanced themselves from working collectively in a united economy. They were largely concerned with their own financial needs and remained with states that had similar economic demands. The years immediately following the War of 1812, were years of nationalism, caused by political unity and the expansion western American territory. This was seen through the festivities which celebrated the creation of the United States of America. In theRead MoreSlavery Was A Justified Institution889 Words   |  4 Pages Slavery was a justified institution in America during most of the 19th century with those supporting it arguing it was a positive good and an economic stabilizer. Southern whites were dependent on slave labor for their economy and were willing to fight, by any means necessary, in order to keep the right to own slaves. Proslavery whites launched a defensive against slavery, which included referring to the Constitution as fair legal justification for their practices, stating the Bible supported itRead MoreModern Historical Debate Surrounding The Anglo-American1682 Words   |  7 Pages Modern historical debate surrounding the Anglo-American Atlantic slave trade ste ms directly from the publication of Eric Williams’ transformative Capitalism and Slavery in 1944. Dismantling with fierce efficacy the long-dominant interpretation of abolition as a function of humanitarian enlightenment, Williams’ thesis instead contends that after providing the material foundation and trade infrastructure for Europe’s industrial revolution, slavery had fulfilled its purpose and was thus replaced byRead MoreThe Civil War On American History1206 Words   |  5 Pagesto transform into a war, the Civil War was influenced by societal interests, economic changes along with political disagreements. Together, these influences sparked a nation into a great divide that ended in what is known as the deadliest war in American history. Just In the aftermath of the industrial revolution, the Civil War was ignited due to economic changes. By 1830, the most profitable crop known was cotton. Representing the south, cotton was the most exported crop in the Union at the timeRead MoreSelfdom in Slavedom: Gustavus Vassa1503 Words   |  7 Pagesthe family and community that surround her. Jacobs and her contemporary, Fredrick Douglass, also are influenced by the diverse and bustling cities that develop after American independence. This difference that develops from Equiano’s time of the 18th century to Jacob’s and Douglass’s 19th century is partially determined by the economy changing from the British Empire system before the United States of America gained its independence to the growth without growth of the South, where a booming populationRead MoreWhat Are The Flaws Of The Founding Fathers?1385 Words   |  6 PagesRushmore on the north border of the United States to our everyday money; the foundin g fathers are quite prevalent in our society. Alexander Hamilton, Thomas Jefferson, James Madison, Benjamin Franklin, George Washington, and John Adams have influenced American society immediately at the start and still continue to do so today. The book in which I have chosen to research goes into great depth of the lives of the founding fathers and how their flaws and quirks as regular people shaped America into what itRead MoreThe Worsening Crisis, By The Dred Scott Decision `` And `` The Panic Of 1857 ``1243 Words   |  5 PagesTerritory where the slavery had been banned by the Missouri Compromise. He returned to sue his owner as for his freedom on the grounds that his residence in a free state and a free territory had made him free. His case ultimately went to the Supreme Court. One of the Chief Justice Taney, he put major decision. He wanted to strengthen the judicial protection of slavery. He said that African-Americans could not be and never been citizen of United States. T hese conflicts over the slavery had led the countryRead MoreBlack Slavery : An Essential Part Of The American Economy1744 Words   |  7 Pages During the 1800s, black slavery was an essential part of the American economy. Abolitionism, a movement existing concurrently with the institution of slavery, arose aiming to eradicate the practice of slavery and to provide equal rights for black Americans. Determined abolitionists turned to literature, activism, and progressive action to work toward their goal. Extreme abolitionists even went was far as participating illegally in a network of northbound trails located in the south whichRead MoreChange in the 1800s: Radicals805 Words   |  3 Pageswhat they believed needed to be done to reform the country. Prominent examples of these radicals are Harriet Tubman and Dorothea Dix. Tubman fought to abolish slavery while Dix fought for better treatment of the mentally ill. These two individuals had a significant impact on American life. Harriet Tubman was born between 1819 or 1821in Dorchester County, Maryland. At the time, slavery was a well-established institution in the South. Slavery was present in America since the 16th century. It was the

Bechtel and GE Free Essays

DPC was a Joint venture with General Electric and Enron in India. 2nd slide Bechtel has strong corporate culture, values and ethics and it shows a great discipline in project management. It has a performance-based leadership and its latest performance-based leadership program is called ‘Employee Engagement,’ which says that if you engage employees effectively in a good relationship with a supervisor, you will create a highly satisfying environment. We will write a custom essay sample on Bechtel and GE or any similar topic only for you Order Now Employees who are happy and believe they are treated well by the leaders, they perform well too. One of the ain organizational goals is the motivation and satisfaction of the employees and as Riley Bechtel has claimed â€Å"Give Bechtel’s people a challenge and they’ll make history’. Finally, Bechtel provides equal opportunities for everyone. However, employees usually complain about the fact that the majority of Jobs are in Asia and Middle East, which makes them relocate every so often. 3rd slide Bechtel’s Corporation core goal is to strengthen local economies, helping its customers, wherever their facilities are found, to achieve their objectives. It creates usiness-building opportunities for local firms, employing area workers and professionals, and advancing its customer’s vision. Also, the company supports local growth, skills training, and supply chain development; The Company supports the protection of the environment and that’s why it minimizes its construction footprint; lastly, it operates to maximize resource efficiency. 4th slide Let’s talk about the Similarities and differences between Bechtel and GE. First, we will discuss the similarities. Both Bechtel and GE are decentralized companies, which ean that the power and the authority to make decisons delegate from head office to lower and local levels [Less uniformity, Decisions made in relation to local circumstances]. [Centralised: 1) Keep decision making power at the top of the hierarchy, 2) Don’t delegate to local or lower levels]. Also, Bechtel adopts the Six Sigma approach; indeed, it was the first EPC (engineering, procurement and construction) company to launch Six Sigma in 2000. Moreover, both companies want to foster and reinforce the performance of its employees as well as the working nvironment and so, they create projects teams. Another similarity is that the give emphasis on the cultural exchange, thus they work with local firms trying to provide them with the required knowledge on construction and engineering. Finally, both companies promote diversity. the employment of more than 350,000 people in both companies prove that they try to help and occupy local people, giving them the opportunity to produce, create and innovate; all these factors contribute to one of the Let’s see the differences. Bechtel unlike GE alters its policies for local requirements, or example, through performance reviews as well as the employees have significantly influenced the cultural change. Another difference is the size of the company, since GE is much bigger employing more than 305,000 people, while Bechtel has 53,000 employees. Finally, the last difference concerns the type of projects, since Bechtel adopts projects mainly to reinforce its employees, such as â€Å"Toward 2001†, while GE adopts different approaches to foster its working and corporate environment, such as Work-out and Six Sigma. How to cite Bechtel and GE, Papers

Microeconomics and Behavior Tools System †MyAssignmenthelp.com

Question: Discuss about the Microeconomics and Behavior Tools System. Answer: Introduction: Unwholesome food habits enhance government expenses on diverse health as well as services. However, in order to resolve this, there is need for using tools of subsidy as well as tax in combination. Although, both subsidies along with taxes have distorting impact, it can transform purchasing habit by altering prices by the consumers and the ones accepted by the sellers. Firstly, it is important to take into consideration the impact of particularly taxation on specifically taxation on diverse unhealthy food such as sweet along with sweet beverages. In essence, the own price elasticity approximation for particularly sweet as well as sweet snacks are recorded to be -0.270 and -0.295 for sweets of both high and low caloried sweet and sugar snacks in that order. Thus, the demand can be considered to be inelastic in natire and therefore, the demand curve is observed to be steeper. Prior to the process of tax imposition, P* reflects the equilibrium price and Q* reflects the equilibrium quantity. However, tax imposition can increase the price paid by consumers to the level of P1 and thereby the price accepted by the producer can be considered to be P2 (Frank 2014). Nevertheless, owing to inelastic demand, consumers can put up with higher burden of tax. In essence, food with higher level of calorie as well as vegetables necessarily have a price elasticity that is equal to -1.128 while the dairy products with lower calories necessarily have price elasticity equal to -1.97. However, at the time when a specific subsidy is provided then a definite amount paid as price by different consumers decreases whilst the amount received by producer increases. In essence, subsidy on these particular products can increase demand of specific foods by a certain fraction that is greater than the decrease in price (Frank 2014). As suggested by Keynes government intervention is required in a certain economy in order to put up with shocks. As such, the Keynesian viewpoint received attention especially during the Great Recession. During the period of recession the entire economy stands up with depressed demand owing to decreased consumption spending. Frank (2014) asserts that spending can be regarded as a significant element of government spending. Particularly, the support delivered by the governing unit directly else wise indirectly enhances household spending and private outgoings and thus leads to overall increase in the aggregate demand. As such, the fiscal dependence was provided priority since no authority responsible for monetary affairs or in other words central bank was existent. During the period of economic recession, the entire economy shrinks/contracts. Essentially, automatic fiscal stabilizers essentially refer to the ones that work without dynamic intervention by different policymakers. Since the entire income decreases, individuals make lesser payments for tax. Again, with shrinking employment prospects, government has the need to make higher amount of transfer payments. In addition to this, the alterations in taxation revenue and government expenses bring about automated modification in budget Case et al. (2014). Essentially, the discretionary alterations occur in the form of alterations in taxation rate else wise government expenses. However, during the period of recession, government enhances their overall spending and decreases the overall rates of taxation. Particularly, the government spending on the whole in particularly OECD zone during the period of recessionary situation has enhanced from particularly 25% during the period of 1960 to nearly 40% in the present days. Fiscal contraction occurs particularly in the form of lessening wasteful expenses that develops the entire economic performance. Particularly, during the period of fiscal contraction, it can be seen that a crowd in effect takes place particularly in investment owing to functionality in the money market. Frank (2014) mentions that the money market tool that works is essentially the rate of interest. Due to fiscal contraction, the rate of interest existent in the money market decreases. In particular, this helps in stimulating real investment by way of lessening the overall cost of borrowing. Investment being an element of aggregate demand leads to enhancement of economic action. Case et al. (2014) asserts that monetary policy provides stimulus to the entire economy by providing boost to the net investment as well as aggregate demand. However, under specific expansionary monetary strategy, there occurs a reduction in the rate of interest by means of supply of money. However, the reduced rate of interest augments the level of investment in the nation because of a decreased cost of borrowing. In particular, with depreciation in the currency, the nations export necessarily becomes cheaper and this assists the process of export. Nonetheless, with enhancement in the bet export, national income essentially rises and subsequently the entire economy expands. Frank (2014) mentions that the stimulus provided from particular fiscal strategy does not take into consideration the specific fact that the Australian economy is to great extent reliant on level of external borrowing. Essentially, the foreign borrowing gets introduced by means of channel of banking segment where the rate of interest plays a very significant role. References Case, K.E., Fair, R.C. and Oster, S., 2014.Principles of economics. Pearson Higher Ed. Frank, R., 2014.Microeconomics and behavior. McGraw-Hill Higher Education.