Mertons Strain Theory in Understanding Crime Free Essay Example, 1750 words

The strain theory by Merton maintains that the cultural structures set goals and the societal structures create the means of achieving the goals. This means that many people have parallel goals, but they do not all have identical chances or skills. When these individuals fail to realize society s prospects through accepted ways such as delayed gratification and hard work, they might try to accomplish success through criminal ways. This is true since they would seek opportunities to meet these goals even if it is at the expense of others. This theory aptly captures the motivation for the crime. This is the main contribution to understanding crime as defined by Merton s strain theory. Merton mentions, for instance, while the likelihood of accomplishing economic success would be improved by receiving a college education, not all fellows of American people are able to ensure that. Those inferior on the socio-economic hierarchy are predominantly vulnerable due to their moderately underp rivileged starting line in the race in the direction of affluence (Samaha, 2006 p34). In another example, individuals as an institution can feel that the school is not giving enough ways of achieving success in examinations. We will write a custom essay sample on Merton's Strain Theory in Understanding Crime or any topic specifically for you Only $17.96 $11.86/page

Financial Crisis Of 2008 Case Study - 1626 Words

James Polley, Latifer James, Michelle Current, Tione Nkhono Lisa Forbes FNCE 330 1 November 2016 Financial Crisis of 2008 It all began with the collapse of Lehman Brothers in September of 2008. What followed this collapse was a domino effect which saw a near crash of the world’s financial industry, shortly leading to the greatest recession since the Great Depression. This great economic disruption would subsequently require hundreds of billions of taxpayer dollars and government debt to straighten out. After years of relatively low inflation and stable growth, financial institutions had become too comfortable and began taking more risk and carrying out hazardous policies and practices. Mortgages were granted to a large pool of people, including those who ordinarily wouldn’t qualify for them. Banks got into the habit of lending these â€Å"subprime† loans with higher interest rates to individuals with low credit scores. These borrowers were among the first affected by the downturn. Some sources say that European banks borrowed heavily from U.S. banks to purch ase risky stocks, and there is speculation that this played a major role in the financial crisis (â€Å"Crash Course†). These subprime loans were pooled together in the form of collateralized debt obligations, or CDO’s. Banks and experts believed that loans from different cities were uncorrelated, and that different housing markets rose and fell independent of one another. The theory was that these loans, pooled together wouldShow MoreRelatedThe Economic Crisis Of The United States1680 Words   |  7 Pages Although the global economic crisis in 2008 occurred in many countries around the world, it was originally initiated by the United States of America. Being as though the United States is one of the world s most hegemonies countries after its economy suffered from an immense downturn many smaller countries were affected, most specifically the Caribbean. Many countries within the Caribbean were affected greatly by the recession due to the fact that most of their gross domestic product comes fromRead MoreLehman Brothers Case Study1703 Words   |  7 PagesBankruptcy cases in the United States was the 2008 Lehman Brother’s case. A numerous amount of the general public lost their employment, while investors lost their money during this crisis. By the Lehman Brothers commercial real estate investments failing, they were not able to efficiently finance its operations. This was all because of the 2008 commercial mortgage financial disaster. In this research, I will use Assignments 1 research as the foundation to explain how the Lehman Brother crisis affectsRead MoreFinancial Crisis : The Recession Of 2008-2009881 Words   |  4 PagesThe most popularly known subprime mortgage crisis came into lime light when a steep rise in home foreclosures in 2006 spiraled seemingly out of control in 2007, triggering a national financial crisis that went global within the year. The maximum blame is pointed at the lenders who created such problems. It was the lenders who ultimately lent funds to people with poor credit and a high risk of default. When Fed flooded the markets with increasing capital liquidity, its intention was not only to lowerRead MoreLessons Of Resilience : What We Can Learn From The Subprime Mortgage Crisis Essay1499 Words   |  6 Pagesfrom the Subprime Mortgage Crisis Like all financial markets, the United States housing market is characterized by its cyclical nature. Markets have ups and downs, peaks and troughs, and without variation, the housing market would not contribute to economic activity in the way that it does. Still, while fluctuations are a necessary and often beneficial truth, housing disasters and market crashes are crises that should and can be avoided with proper foresight. The 2008 housing market crash had consequencesRead MoreThe Aftermath Effects Of 2008946 Words   |  4 PagesThe most commonly known sub-prime finance crisis came into illumination when a sudden rise in home foreclosures in 2006 twirled seemingly out of control in 2007, triggering a nationwide economic crisis that went worldwide within the year. The greatest responsibility is pointed at the lenders who created such problems. It was the lenders who, at the end of the day, lend finances to citizens with poor credit and a high risk of failure to pay. When the Fed s inundated the markets with growing capitalRead MoreStrategic Management Case Study Module 71115 Words   |  5 PagesStrategic Management Module 7 Case Study Daryl L. Young Thomas Edison State College Strategic Management Module 7 Case Study Housing Bubble and Its Burst Case Study Question 1: Explain the cause of the housing bubble and its burst in the mid-2000s. To what extent is this problem the result of ethical failure? Housing Bubble No single cause can fully explain the crisis but, in my opinion, the two major bases were legislation that promoted homeownership and subprime mortgages. To fullyRead MoreMoney Market Should Not Drop Below A Dollar1392 Words   |  6 Pageselsewhere. (Rice) However, during the financial crisis of 2008, the dollar dropped below a dollar. This occurred after one of the largest U.S. bankruptcy cases to ever happen. This was the Lehman Brothers who filed for bankruptcy causing a massive issue within the U.S. financial situation. This helped lead into the biggest financial crisis since the great depression. Kimberly Amadeo of The Balance.com explains the crisis stating â€Å"the 2008 financial crisis is the worst economic disaster since theRead MoreThe Impact Of Short Selling Restrictions On Financial Securities During The Gfc1504 Words   |  7 PagesThis essay explores the impact of short selling restrictions on financial securities during the GFC. Outcomes show that bans led to artificial inflated prices, outlined by positive abnormal earnings. consistently with overvaluation theory by Miller (1977). The quality of the market is reduced due big ask-bid spreads, volatility of the price augmented and trading activity lowered. These deter iorations may be viewed by regulators as an essential by product of restriction to keep prices while protectingRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreImpact of Financial Crisis on Gulf Area Essay1732 Words   |  7 PagesThe global financial crisis that was experienced in 2007/2008 affected many nations of the world. Some countries such as America and most European countries were hard hit since they were directly affected by the crisis. Other countries especially those in Asia and Africa were not adversely affected as they were not directly hit by the crisis. This crisis started in the United States after the housing bubble busted. Although the bursting of the housing bubble was the main cause of the crisis, there were

Chemotherapy Essay Example For Students

Chemotherapy Essay Chemotherapy: The treatment of disease with drugs that directly poison the diseased organism. Most often referred to for cancer treatment, where powerful drugs with potentially sever side effects are used to eliminate or contain the spread of tumors. In treating physical diseases, probably the most common form of therapy in Western medicine is chemotherapy, or drug therapy. Some physical conditions, where chemotherapy is not the best option, can be corrected through surgery while others may be effectively treated by radiotherapy. Chemotherapy is frequently used in the treatment of cancer, often in combination with surgical treatment and radiotherapy. Chemotherapy uses powerful anticancer drugs that travel through the bloodstream, making it potentially useful for cancers that have spread. There about 50 different chemotherapeutic drugs that combat cancer, generally administering more than one drug at a time because the drugs are more powerful when combined. The drugs can be taken oral ly or injected into the bloodstream. They interfere with cancer cells ability to make new DNA or let DNA reproduce properly. Which combinations of chemotherapy drugs the patient will receive is based on what the patients doctor thinks will work best for them. The decision depends on what kind of cancer they have, where it is, the extent of its growth, how it is affecting their normal body functions, and their general health. The doctor also may suggest that they join a clinical trial for chemotherapy. Clinical trials are carefully designed research studies that test promising new cancer treatments. Patients who take part in research may be the first to benefit from improved treatment methods. These patients also can make an important contribution to medical care because the results of the studies may help many people and help scientists learn more about chemotherapy and its possibilities. As stated, one of the most common treatments for cancer is chemotherapy, and since it kills some normal cells at the same time that it can kill cancerous ones, it has the ability to cause many side effects. These side effects are often very serious. Some side effects of chemotherapy are:Your immune system could weaken immensely, which would cause you to be very susceptible to infection and other diseasesInsufficient oxygen in the blood (anemia)Sometimes tumors develop a resistance to certain drugs after exposure to it j ust once, and when this happens there could quite possibly be no drugs effective against this tumor. Some side effects go away fairly rapidly, others take months or years to disappear completely. Sometimes the side effects can last a lifetime, as when chemotherapy causes permanent damage to the heart, lungs, kidneys, or reproductive organs. Certain types of chemotherapy occasionally may cause delayed effects, such as a second cancer, that show up many years later. Patients sometimes do not know that side effects tell very little about whether or not their chemotherapy is working. Sometimes people think that if they dont have side effects, the drugs arent working, or that, if they do have side effects, the drugs are working well. The truth is that side effects vary so much from person to person, and from drug to drug, that having them or not having them usually isnt a sign of whether the treatment is effective. Normal cells grow and die in a controlled way. But cancer occurs when cells become abnormal and keep dividing and forming more cells without control or order. Anticancer drugs destroy cancer cells by stopping them from growing or multiplying at one or more points in their life cycle. Because some drugs work better together than alone, chemotherapy often may consist of more than one drug. This is called combination chemotherapy. If doctors determine that chemotherapy alone is not likely to be successful or if patients relapse after chemot herapy, stem cell transplantation may be performed. Very intensive body radiation or very high doses of chemotherapy or both are used. Chemotherapy is designed to destroy all the leukemic cells in a patients body, but also destroys the blood-forming system in the patients bone marrow. Chemotherapy can be used as a CURE for a disease or as a treatment that is palliative, or a Treatment that is for helping the patient to be as comfortable as possible for as long as possible because a cure is not an option. Most people are able to continue working while they are being treated with anticancer drugs. It may be possible to schedule treatments late in the day or right before the weekend, so they dont interfere with the patients occupation, schooling, etc. Since one of the side effects of chemotherapy is fatigue, sticking to their routine schedule might pose a problem. Under Federal and state laws, some employers may be required to allow the chemotherapy patient to work a flexible schedule to meet their treatment needs. How often and how long you get chemotherapy depends on the kind of cancer you have, the goals of the treatment, the drugs that are used, and how your body responds to them. You may get chemotherapy every day, every week, or every month. Chemotherapy is often given in on-and-off cycles that include rest periods so that your body has a chance to build healthy new cells and regain its strength. The patients doctor should be able to estimate how long they will be getting chemotherapy. Independent Man1 EssayTherapeutic radiology uses high-energy particles or waves, such as X rays or gamma rays. This focuses damaging radiation on the region of a tumor, inflicting genetic damage that can kill cancerous cells. Radiotherapy damages rapidly splitting cells. Usually damaging cancer cells but sometimes just getting the ones that are healthy yet produce quickly. There are many side effects to radiation therapy like chemotherapy:The decrease in white cells, which are the cells that help protect the body against infection, is what causes the weakening of the immune system. Short doses of radiation therapy, can minimize these side effects. The total dosage the patient receives is based on the size, location and type of cancer infecting the patient. Patients will usually receive radiotherapy five days a week for five weeks. A weekend break allows the normal cells to recover. Radiation can destroy microscopic cancer cells that have moved into surrounding tissues, unlike surge ry. For example, a patient with cancer to the spine undergoes radiation treatment. In his radiotherapy procedure, the radioisotope cobalt 60 is used as the source of gamma radiation. The high dose is used by laser targeting a localized area. For those who are older, radiation is sometimes the better choice because some individuals may find it difficult to recover from a major surgery. Radiation might also be used to shrink the tumor in preparation for a more feasible surgery, or radiation could be used following surgery. Chemotherapy and radiation may coincide as well, as could all three. At certain times, that is the case. Like surgery and chemotherapy, radiation is used to sometimes relieve pain a discomfort when a cure is not probable. As a treatment for disease, there are many other methods that could be used as a substitute to drug therapy. Alternative medicine, other types of therapeutic methods drawn from non-Western traditions, include such techniques as:Immunotherapy is als o used and it is when the immune system is stimulated to produce antibodies against specific invaders of the system, or the use of monoclonal antibodies. Monoclonal antibodies are those that are genetically engineered and target specific cancer cells. Nuclear Medicine is when radioactive substances, combined with imaging techniques are used to diagnose and treat injuries or diseases. Cancer can be treated using Nuclear medicine. It is noted for being pain-free as well as safer and much more cost effective that many other treatments, like surgery or chemotherapy. Chemotherapy proves to be very effective in different types and stages of cancer. Although it can be used on its own, it proves to work better when combined with surgery and/or radiation therapy. Chemotherapy does not work any less then radiotherapy or surgery, it works differently. Its use is to directly poison the diseased organism and save an individuals life. Bibliography:

Understand The Soft Drink Market Comprising Of The Students Studying

Question: Discuss about the Understand The Soft Drink Market Comprising Of The Students Studying At The USC. Answer: Introduction The objective of the given task is to understand the soft drink market comprising of the students studying at the USC. In order to facilitate the same , a survey was conducted so as to collect the data about the consumption demand of various beverages along with their respective beverage preferences and impact of price on the same. From the representative population data collected through the survey, a sample of 80 students was obtained from the original survey results through the use of random sampling. This was executed through the usage of random sampling. From the sample data obtained, various inferential and descriptive statistics techniques have been applied in order to provide answers to the various question. These have been highlighted in the following section while the relevant computations are shown in the attached excel sheer. Data Analysis Based on the sample data and the corresponding computations performed in excel, the following analysis may be carried out. Out of the given 80 students which form the sample, 72 are domestic students while the remaining 8 are international students. This implies that the proportion of domestic students in the sample is 90% while that of international students is 10% only. It is observed from the sample data that as the price of the beverage tends to increase, the corresponding consumption tends to shrink. This implies that there is an inverse relationship between the price and beverage quantity consumed by the students. The following scatter plot also highlights the same. This is in line with the law of demand and makes sense considering the fact that these are not necessary items and can be curtailed especially when the price rises. Also, the relation seems to be quite linear as is apparent from the above plot. Based on the sample data, it is apparent that the other category is the most popular considering that 33 out of 80 students have chosen the same as their most popular beverage. The least popular beverage amongst the students based on the given sample seems to be energy drinks considering that it has been voted as the least popular by 44 students out of the given 80 students. The summary of preferences obtained from sample is highlighted below. In order to check the loyalty of the students to their preferred beverage, it is imperative to analyse the proportion of students who tend to make a switch when discounts are offered to them in favour of the second preference. It is apparent from the sample data that when 25% discount is offered on the second preferred drink, then only 21.25% of the sample tends to a make a shift. However, when the discount is increased to 40%, then this value tends to increase to 55%. Therefore, it is apparent that the students tend to be not very loyal to the preferred beverage and if given reasonably high discount (40%) majority of them are willing to make a shift. Based on the given sample data, it would be fair to conclude that it seems that the domestic students are more sensitive to price in comparison with international students. The scatter plot for the beverage price quantity relationship for the international students is as highlighted below. It is apparent that the above scatter plot does show an inverse relationship but the correlation coefficient seems to be lower. The combined scatterplot tends to reflect on a more linear and uniform trend thus highlighting that the domestic students tend to have a more strong and linear relationship with regards to price and beverage quantity. The respective summary table of the preferences of the local students is outlined below. It is apparent from the above table that that the most popular beverage amongst the domestic students tends to be other with 31 out of 72 students subscribing to the same preference. With regards to the least popular drink, it is energy drinks for the domestic students with agreement of 39 students out of 72 domestic students. The summary table of the preferences of the international students is outlined below. Unlike domestic students, the most popular drink for international students is tea/coffee with 4 out of 8 students subscribing to the same preference. With regards to the least popular drink, the international students share the same view as the domestic students as the least preferred beverage. Using the given sample, the estimate has been made for the population. According to the same, there is a 95% probability that the proportion of students preferring soft drinks would lie between 7.18% and 22.82%. Summary Based on the above data analysis, various conclusions can be drawn. The university has a small proportion of international students with a high majority of students being domestic. Further, in terms of beverage consumption, an inverse relation tends to exist with price. Also, this relation tends to be less pronounced for international students as compared to domestic students. Additionally, with regards to preferences of beverage, on a combined basis, the others category is the most popular with energy drinks being the least popular. However, there are differences observed between the preference of domestic and international students as international students tend to have their most popular drink as tea/coffee. Moreover, the students in general tend to be not very loyal as at 40% discount, more than 50% students tend to make a switch from the most preferred beverage. Also, the popularity of soft drinks amongst the students seems to be low as is apparent from the population estimate d rawn from the given sample.