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Example research essay topic: Higher Education Federal Reserve - 1,873 words

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Some People say that the world has many opportunities; some say that you cant get anywhere unless you are born to some certain class of people. Some even say that it is pure fate that brings you where you are going to be and what you get is what you get and you cant do anything about it. I think that people decide their own fates and it doesnt matter who was your parents or how much money you have. I think that your education is the most important thing that you can have in life it can bring you many things like; advancement, family, stability, a career, and of course knowledge. In many countries your job is already decided when you are born because of what your parent does for a living and their stature in society. That is many people say that the United States is the land of opportunity, you can do what ever you want with your life as long as you earn it and have the right qualifications.

You can decide weather you want to continue after high school and education or get a minimum wage job. Many people take that right for granted and they put off college until they after they have a family and get settled with out knowing that their family will take up the rest of their lives. People who are from other countries who move to take advantage of this right we take for granted understand the purpose of a higher education. Advancement is inevitable no matter what you do you will have to be going forward in some way. Weather your advancement is to a new position in your job or a whole knew career, even if all you are doing is going to the next day you are advancing.

I think that if you want to decide where you are going to advance to you have to have a good education. If you dont have a good education you are going to play life like that lottery, you may go to a better job where you get better money or you can get fired because they want someone with more education. You never know what can happen to you in the next week or even the next day. Family is one of my biggest priorities in life besides my education. The future, that is how I look at family. Either you can teach your kids about higher education by example or by your mistakes.

You also need a higher education for a family because you need to manage the bills and keep up books on your finances. If you have no education and a bad job you will never have your own home. You will not be able to provide for your children or yourself as well as you would if you had a higher education. A career is the goal of most people in the world, but sometimes I think that there are not enough available for all the people who want one, so if you want to get one you will have to work foe it and prove yourself to be worthy of the job you desire. So that requires a higher education. With a career you have all the things that I have mentioned available to you.

You can even get your own business and be your own boss. You can save money and plan for retirement, you can start a college fund for your children so they can get a higher education as well. Knowledge is the key to the world. It is the factor between man and beast, between who you are and who you want to be. Knowledge is what having a higher education is all about. If you had all the knowledge in the world you would be undetectable.

No one could stand in you way. You need knowledge to teach others how to become what they want to be, you can teach the next generation who will take care of what you have worked your whole life for and if you have knowledge you will teach them right and trust that they wont destroy your dreams. When the people say that the world has many opportunities I think that they are correct. The world does have many opportunities, people just have to work for them. It is not fate that decides what you are going to be or where you are going. People decide their own fate and take advantage of the opportunities that they choose.

I think that fate is just something that people who are lazy and want the world to come to them thought up. They really had no plans on getting a higher education or actually working for what they wanted in life, so they thought up an idea to soothe their conscience in thinking that there was no problem with not working for what you need to achieve in life. Or maybe fate is something that people with a lucky streak thought up because they had no other explanation for their fortune and they had to give it a label. Stability is very important to many people, some people travel all around the country moving from house to house never knowing where they will live the following months.

All because they keep losing their jobs to people who have gone on and achieved a higher education. To the employer a person with a higher education is more of an asset to the company and they are willing o sacrifice their current employees to obtain their services. So when you have a higher education the employer is less willing to sacrifice your services and you will be guaranteed a job for a long time. With an on going job you will continue to learn the skills needed and you will continue to grow as an employee, thus creates stability.

Through a higher education you can achieve allot of things such as, advancement, Family values, a successful career, and vast knowledge of the world around you to make you aware of the future and the things that will come to be. Even if you believe in fate you can say that if you dont get a higher education you will have the fate of a unsuccessful person and be destined not to have the life you have always dreamed. Anyone you ask that has experience with life will tell you the same words I have written knowledge is the key and the door is a happy successful life in the world of the educated. Word Count: 1099 The General State of the United States Economy There are various reasons for the result of the recent stock market tumble. There is not just one direct cause, for instance, the recent presidential election.

It is a result of both the 2000 election and simply just a natural course of events that generally approaches once prosperity reaches a certain level. Whether or not this tumble will make a recovery, we really dont know? Because of this, the word recession has been booming around news stations. But is our economy witnessing a slow down, or is a recession actually heading our way. Stocks are experiencing losses in almost every sector, and the damage varies depending on the sector.

During the week of December 11 th, many of the big gainers have hit bottom, usually somewhere south of $ 2 per share. An example would be the data management software provider PASW who had a 41. 2 percent gain. Yet even with that big jump, shares are only at seventy-five cents leaving the stock market down 86. 8 percent for the year. There is a growing list of factors including contested election results, earnings warnings, fears about interest rate hikes, heavy margin calls and, perhaps most significantly, concerns about a slowing economy have exerted tremendous downward pressure on the market. One solution to the problem maybe to have the Federal Reserve change its stand on interest rates.

However until there is a clear bottom investors should focus on some of the profitable big players that have taken hits this fall. Companies such as America Online and eBay are at 52 week lows, while Inktomi is at its cheapest price in nearly two years. There are many other companies that stand to survive the shakeout and prosper. Some say that the economy is semi-sound, except for the United States manufacturers. They have become significantly less optimistic about the economic outlook for the next twelve months and see scant growth in capital spending, reinforcing concern that the economy may lose more momentum in the months ahead. Norbert Ore, chairman of the National Association of Purchasing Managements Business Survey Committee said Manufacturing purchasers are less than bullish about their organizations prospects for 2000.

This upcoming year will definitely be a challenge as far as the manufacturing sector is concerned. We might have a recession in the manufacturing sector, we might have a potential for that, but not a recession in the overall economy. A recession in manufacturing is possible and further expansion in other parts of the economy would likely keep overall growth positive. The slowdown in this sector of the economy has prompted speculation among market players that the Federal Reserve may soon move to cut interest rates.

The Chairman of the Federal Reserve has a huge responsibility for making decisions which could hurt, heal, or even improve the United States state of economy. Alan Greenspan signaled on December 5 th that the Federal Reserve is finished with the job of raising interest rates to slow the economy and stands ready to cut rates should the nation show any signs of heading toward recession. Mr. Greenspan said, the economy has slowed appreciably from boom conditions of the past few years to a more sustainable level. He then noted that with growth at a modest level there is less of a buffer should the economy be hit by bad news. The role of the Fed is to reassure the markets that steps would be made in order to keep the long expansion going.

Greenspan also stated that financial conditions are not as tight as to be a crisis, as they were in 1998, when the Fed had to cut rates in the wake of the global financial crisis. The Federal Reserve keeps the economy going and without it a recession would arise. I n a recession unemployment rises rapidly, bankruptcies multiply, layoffs become commonplace, and homes lose value. According to some people the prosperity of the last five years that has lifted nearly every family will gradually disappear for millions of people, and both consumers and companies will grow cautious in their spending and investing. However a recession almost certainly has not arrived. A recession is defined by economists as two consecutive quarters of declining gross domestic product.

But the gross national product, the broadest measure of the value of Americas goods and services, is still growing, if not at the annual rate of more than five percent that prevailed last spring, then at two to three percent. 1. Education and International Relations: Daniel Greene; Harvard University Press, 2001 2. US Education, Virginia Smith, Greenwood Press, 2000


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Research essay sample on Higher Education Federal Reserve

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