Thursday, November 14, 2019
Skoda Auto - International Business :: essays research papers
Skoda Auto The story of Skoda is one of struggle and success. Skoda enjoys a century-long history of motor vehicle manufacturing in a small town in the Czech Republic, about sixty kilometers outside the cultural and tourist center of Prague. Despite early achievements, times became much harder during the former socialist era. The physical plant fell into disrepair and quality declined. However, this tale in one of transformation, and Skoda has once again become very successful in a joint venture partnership with the large German manufacturer Volkswagen (Mendenhall and Oddou, 379). At the beginning of 1895 mechanic Và ¡clav Laurin and bookseller Và ¡clav Klement began producing bicycles ââ¬Å"Slaviaâ⬠in Mlada Boleslav.In the next few years, 1899, the firm Laurin & Klement decided to manufacture also motorcycles, which leaded to success in many international competitions. After first attempt at the turn of the century the firm started to manufacture cars. In 1905, Laurin & Klement introduced their first car, Voiturette A, which became very successful between Czech classical veteran cars. Its production grew so fast that soon L & K overstepped the scope of the family business. Skoda 420 Popular In 1907 the founders implemented the business transaction to joint-stock company. In 1920s, the need for merge with stronger industrial partners was expressed that, in 1925, Laurin and Klement merged with Skoda Plzen (Pilsner). In the following years the modernize manufacturing did not only include cars, but also trucks, buses, air engines, and agriculture machinery. In 1930 the car production in the scope of concern was earned many credits. Creation of Joint Company for Automobile Industry (JCAI) after the world industrial crisis leaded for the success on the international market with new models of Skoda, Skoda 422 and 420 Popular. The World War II had broken this development, which damage the civil program and oriented the production of the war equipment. The JCIA Skoda became the part of German concern Hermann-Goring-Werke and fully did have to orient to the war equipment. Besides the preparation of the various parts of guns, Skoda manufactured also different kinds of terrain vehicles, such as heavy tractors and towing vehicles, tanks, etc. Skoda 1101 After World War II the JCIA was changed to Automobile Factory/National Company (AFNC) Skoda. Skoda started to manufacture new models, Skoda 1101/1102 Tudor, which had got along with the technical success of the prewar years. During the 1950s and 1960s, Skoda again introduced new models, Skoda 1200, Spartak, Octavia, Felicia, as well as Skoda 1000MB.
Tuesday, November 12, 2019
University Success
Grand Canyon University strives to support student learning by creating an online community. A ââ¬Å"communityâ⬠feeling inside an online course can help me as well as other students stay motivated. Online classrooms have the same characteristics as a traditional classroom; however, the class instructors direct course materials through a Grand Canyon University online portal. The course instructor presents topic-based questions to the students in the classroom forum that allow collaboration of student and instructor thoughts, debates, and experiences. The online interaction between classmates as well as instructor creates a virtual community where classmates and instructor can rely on each other while helping each other to stay motivated. The online classroom relies on collaboration between students and instructor in order to promote successful learning experiences. Collaboration in an online classroom consists of student responses to the instructorââ¬â¢s questions. As students post their individual thoughts, other students respond to them adding their own perspectives, experiences, and knowledge. Once the conversations volley back and forth thru ought the courseââ¬â¢s main forum true collaboration begins. According to the text University Success E2, ââ¬Å"The keys to avoiding isolation are communication, collaboration, and networkingâ⬠(Grand Canyon University, 2012). It is evident that collaboration in both an online and a traditional classroom is dependent on instruction, participation, as well as feedback and it is most effective when students participate several times a day. It is imperative that students are aware that they are responsible for their own collaboration by participating in interactions with other classmates and the instructor through the class wall, individual forum, e-mail, or chat rooms. A major advantage that comes from effective collaboration is the skills that students gain from being actively involved in the classroom that is necessary for almost every career. My future career as a teacher depends on effective collaboration among my peers and me as it ensures professional development and school improvements. Some students use collaboration to network beyond the classroom. For instance, networking with family, friends, coworkers, Twitter, Facebook, or other discussion forums opens up portals to further collaboration with non-GCU students. Further collaboration expands the studentsââ¬â¢ minds as well as offers more information or perspectives. Furthermore, networking is beneficial to professionals in any career field because it expands professional knowledge, keeps professionals abreast of new business trends, offers career and personal opportunities, as well as provides business leads.
Sunday, November 10, 2019
Powerful people can make others powerless
Have you ever felt useless, unwanted or completely powerless? In many schools this is a frequent occurrence. Many powerful or popular people have the ability to create the Illusion that you are worthless. How would you enjoy the experience of being one of the powerless students. Having to enter the school grounds every day in utter fear. Scurrying your way through the locker bays with the expressed desire of avoiding the possibility of being tormented by the powerful. They can can determine how we feel, owe we think and ultimately who we are.This must be altered. Primarily, day after retched day students either experience or are exposed to some form of bullying. An astonishing number of students are victims of bullying and this is the leading cause of depression in teenagers. According to documenting. Org over 3. 2 million students encounter bullying every year. If bullying was to prevail the victims might begin to perceive the world as a horrible and unforgiving place. Then the only reliable way to escape what seems like torture is to commit a sorrowful act.An act which would tear a family heart apart, seclude. There has been several bullying related suicides In the past year. Furthermore, bullying has spiraled in the 21st century and the many different forms of bullying have escalated. Now there is cyber bullying, the most common and the most cowardly. This is where one can simply hide behind the screen of an electronic device and pepper someone with insults. There is also verbal bullying, physical bullying, estranging and humiliation. Imagine the feeling of being completely humiliated In front of the entire school.Everyone pointing and gingering at you, sharing their crude comments about you to one another. In the olden days you had the privacy of your home and you were safe there. Now in this modern day and age there is no escape, even when you are situated at home, as the internet provides a gateway to your private life to the world. Now picture a world In complete harmony. Where If you were honored with the title of a powerful one, you would harness the ability In a way that would benefit everyone. This would create a much more inviting and nurturing learning environment for fellow peers.No student will have to learn in fear and they will view the world for what it should be. A place filled with enjoyment, love and respect for everyone which would allow students to strive to their full potential no matter who they are. A 12 year old girl once said ââ¬Å"l known I'm only a child, yet I know we're all In the this together and should act as one single world towards one single goalâ⬠ââ¬â Severe Caulis Suzuki Everyone student should enjoy learning. They should enter the school grounds full of excitement and should be eager to learn and also obtain a positive outlook on life.If we were to harness the power In a positive way and combine as one, we could potentially surpass any expectations of where this world could be. As I stat ed In my in that phrase was illusion. An illusion is something that deceives the mind by producing a false or misleading impression of reality. Some people gain power from subjugating others, they should use the power to inspire and influence others. For we were produced for a reason. We were made to change this world. We all contain the power. The power to change the world.
Thursday, November 7, 2019
What Really Happened to Kurt Cobain essays
What Really Happened to Kurt Cobain essays What Really Happened to Kurt Cobain? On April 8, 1994, at 8:40am in a quaint and quiet home in Madrona, Washington, Kurt Cobain, lead singer of Nirvana, was found dead with a shotgun wound to his head in the greenhouse above his garage. Also present was a cigar box containing drug paraphernalia, needles, lighters, etc. A suicide note was also discovered. From this scene, it is almost too obvious what happened; at least, that was the conclusion immediately drawn, and eventually made final, by the police. Yet, not everyone was so quick to close the case. Many remained skeptical on the issue. Some pondered the idea that maybe he was murdered, while others wish to leave it as is. I join the millions of people in the world that just dont buy into the suicide theory and that are curious about the details of the case, circumstances surrounding the murder scene, and the people closest to Kurt Cobain that could have been involved in his death. The voice of a generation was dead. Thus was the world ushered into a world without Kurt Cobain. For millions, April 8, 1994 became a day as indelibly branded into their memories as November 22, 1963, August 16, 1977, and December 8, 1980-the deathdates of JFK, Elvis, and John Lennon (Halperin 3,4). Ian Halperin and Max Wallace tragically outline the day America was told another cherished icon had died. For many who did not know of Kurt Cobain, just another musician had emotionally crashed and killed himself. Some people, however, continued to explore other possibilities. Curiosity caught my attention after realizing how many others held the same speculations as I did. To learn more, I gathered several resources to assist me in my study. Although I read each, most of my information comes from four resources. The book Kurt Cobain, Beyond Nirvana: The Legacy of Kurt Cobain, by Hank Harrison (father of Courtney Love, Kurts wife), not only gives an exc...
Tuesday, November 5, 2019
Familiares que puede pedir un ciudadano americano
Familiares que puede pedir un ciudadano americano Los ciudadanos de los Estados Unidosà pueden solicitar los papeles para la tarjeta de residencia permanenteà ââ¬âgreen cardââ¬â para algunos de susà familiares.à Los requisitos de edad, tiempos de demora, posibilidades de ajuste de estatus y de incluir a otros familiares en una à ºnica peticià ³n dependen del grado de la relacià ³n entre el estadounidense que pide los papeles y el extranjero que resulta beneficiado. Sin embargo, cabe destacar que en algunas ocasiones ser ciudadano no da derecho a pedir a un familiar. Esto es asà en los casos en los que han sido previamente condenados por delitos contra menores de contenido sexual (Ley Adam Walsh). Adems, las condenas por secuestro o retencià ³n ilegal tambià ©n imposibilitan solicitar los papeles para un familiar. Familiares inmediatos de ciudadano estadounidense A la hora de pedir los papeles, la ley migratoria establece una diferencia fundamental entre familiares inmediatos de un ciudadano y los que no tienen esa categorà a. Su significado es muy distinto de lo que se entiende en lenguaje normal.à Solo y exclusivamente los siguientes son familiares inmediatos de un ciudadano: cà ³nyugeshijos solteros menores de 21 aà ±ospadres y madres Para la ley migratoria de EE.UU. son cà ³nyuges los matrimonios de varà ³n y mujer y tambià ©n los conformados por dos hombres o por dos mujeres. El matrimonio puede haberse celebrado en EE.UU. o en otro paà s, lo à ºnico que importa es que sea vlido segà ºn la ley del lugar de celebracià ³n. Asimismo, los cà ³nyuges solo pueden estar casados con una sola persona. Si tuvieron un matrimonio anterior, debe haber finalizado por fallecimiento de uno de los cà ³nyuges, anulacià ³n de matrimonio o divorcio. Si durante el proceso de peticià ³n el cà ³nyuge estadounidense falleciese, el viudo podrà a seguir siendo considerado como familiar inmediato y continuar con la tramitacià ³n, siempre que se cumplan ciertos requisito. Tambià ©n son familiares inmediatos de ciudadano los hijos/as biolà ³gicos o adoptados solteros que son menores de 21 aà ±os de edad. En los formularios de Inmigracià ³n se refieren a ellos como child. En algunos casos, los hijos biolà ³gicos podrà an ser ciudadanos por propio derecho a pesar de haber nacido en otro paà s por lo que se conoce como derecho de sangre. Con respecto a los hijos adoptados, podrà an haber adquirido la ciudadanà a estadounidense en el momento de la adopcià ³n, dependiendo de las circunstancias del caso. Tambià ©n podrà an ser considerados como familiares inmediato de un ciudadano los hijastros. Para este caso adems de ser solteros y menores de 21 aà ±os se exige que el matrimonio entre el ciudadano y el extranjero, que es padre o madre del menor, se hubiera celebrado antes de que dicho menor cumpliese los 18 aà ±os de edad. Si ya hubiera cumplido los 18 en el momento, el ciudadano no lo podr pedir ni como familiar inmediato ni en ninguna otra categorà a. La solucià ³n en estos casos es que el cà ³nyuge extranjero adquiera la green card y pida a ese hijo/a soltero. Otra opcià ³n, pero solo vlida si todavà a no se ha celebrado el matrimonio, es la visa K de prometido, ya que la derivada K-2 permitirà a pedir los papeles para el hijo soltero menor de 21 aà ±os del novio/a extranjero, a pesar de que la boda se celebra despuà ©s de que à ©ste hubiera cumplido los 18 aà ±os de edad. Por à ºltimo, son tambià ©n familiares inmediatos de un ciudadano su padre y su madre y en ciertas circunstancias, padres adoptivos, padrastros y madrastras. Pero para estas peticiones es requisito indispensable que el ciudadano cumpla los 21 aà ±os de edad antes de estar capacitado para hacerlas. Sin embargo, en el caso de un ciudadano estadounidense adulto que fue adoptado en otro paà s antes de cumplir los 16 aà ±os de edad y fruto de esa adopcià ³n obtuvo un beneficio migratorio -green card o ciudadanà a de EE.UU.-, no puede pedir los papeles para sus padres biolà ³gicos. Adems, un ciudadano solamente puede pedir al cà ³nyuge de su padre o al de su madre solamente si la boda entre ellos se celebrà ³ antes de que el ciudadano hubiera cumplido los 18 aà ±os de edad. Por ejemplo, si el ciudadano estadounidense Juan Garcà a tiene 19 aà ±os cuando su pap, Orlando Garcà a, se casa con Gloria Fernndez, cuando Juan cumpla los 21 aà ±os de edad podr pedir a su padre, pero no a Gloria. Pros y cons de peticiones de ciudadano a familiares inmediatos En primer lugar, una gran ventaja de las peticiones de ciudadano a familiar inmediato es el tiempo de espera por la tarjeta de residencia que es, simplemente, el que lleve la tramitacià ³n. A diferencia de lo que ocurre en el resto de peticiones por familia, en el caso de las de familiar inmediato no hay là mite en el nà ºmero de residencias que se pueden aprobar anualmente por esta causa. En la actualidad la demora puede llevar, aproximadamente, entre 12 y 24 meses. Otra gran ventaja de las peticiones de ciudadano a familiares inmediatos es que pueden ajustar su estatus ââ¬âes decir, obtener la green card sin salir de EE.UU.- incluso si estn en el paà s como indocumentados, siempre y cuando hubieran entrado legalmente a EE.UU. En otras palabras, los que ingresaron cruzando ilegalmente la frontera no pueden ajustar su estatus y tendrà an que salir a una entrevista consular, con lo que surgirà a el problema del castigo del los tres o de los 10 aà ±os. Por esta razà ³n, se debe consultar con un abogado en el caso de peticiones de ciudadano a cà ³nyuges, padres e hijos mayores de edad de un ciudadano que ingresaron ilegalmente a EE.UU. Finalmente, otra ventaja es la congelacià ³n de la edad para el caso de hijos solteros que cumplen los 21 aà ±os de edad durante la tramitacià ³n de la peticià ³n. Por otro lado, el gran inconveniente de las peticiones de familiar inmediato es que en cada una solo se puede incluir a un familiar y no se admiten beneficiados derivados. Por ejemplo, si el ciudadano Juan Garcà a, de 21 aà ±os de edad, quiere pedir a sus padres y a su hermano debe presentar una peticià ³n para el pap y pagar por ella, otra para la mam, y de nuevo realizar un pago completo. Y al hermano debe pedirlo en otra tercera peticià ³n y, adems, no tendr consideracià ³n de familiar inmediato. Es decir, el hermano no puede incluirse ni en la del padre ni en la de la madre. Lo mismo sucede en el caso de que el ciudadano Juan Garcà a se casa con Sofà a Pà ©rez y Sofà a tiene 3 hijos de 12, 11 y 9 aà ±os. Juan puede pedir a su cà ³nyuge y a los tres nià ±os como hijastros, sin necesidad de adoptarlos. Pero debe presentar un total de cuatro peticiones distintas y pagar por cada una de ellas la tarifa correspondiente. Quià ©nes son familiares no inmediatos de ciudadanos Los ciudadanos estadounidenses pueden pedir la tarjeta de residencia permanente tambià ©n para los siguientes familiares: hijosà solteros mayores de 21 aà ±os: categorà a F1.hijos casados de cualquier edad: categorà a F3hermanos de cualquier edad, solteros y casados: categorà a F4. Para que un ciudadano pueda pedir a un hermano, debe haber cumplido ya los 21 aà ±os de edad. Adems, el ciudadano puede pedir no solo a sus hermanos biolà ³gicos, incluidos los medio hermanos, sino tambià ©n a los hermanastros, siempre y cuando el và nculo familiar se hubiera establecido antes de cumplir ambos los 18 aà ±os de edad. Asimismo, puede pedir a sus hermanos por adopcià ³n, pero en este caso la adopcià ³n debe haberse producido antes de que ambos cumpliesen los 16 aà ±os de edad. Por otra parte los ciudadanos pueden pedir a los hijos biolà ³gicos, a los adoptados y a los hijastros. En este à ºltimo caso, la relacià ³n familiar tiene que haber nacido antes de que el hijastro cumpliese los 18 aà ±os de edad. Caracterà sticas de las peticiones de familiares no inmediatos Es fundamental entender y tener presentes las siguientes circunstancias: En primer lugar, hay un là mite anual en el nà ºmero de tarjetas de residencia que se pueden aprobar en cada categorà a. Y como el nà ºmero de peticiones es mucho ms grande que el de tarjetas que se pueden dar se produce un gran retraso de aà ±os y, segà ºn las categorà as, de dà ©cadas. Adems, es mayor para el caso de nacidos en Mà ©xico que para el resto de Latinoamà ©rica o Espaà ±a. Puede consultarse el boletà n de visas que actualiza cada mes el Departamento de Estado. La gran ventaja de las peticiones de ciudadano a familiar no inmediato es que se pueden incluir a varias personas en una misma peticià ³n. Por ejemplo, se pide a un hermano y se aà ±ade a su esposa y a sus hijos solteros menores de 21 aà ±os. Adems, se admite el follow-to-join benefits, para incluir a nuevos familiares de la persona pedida que puedan incorporarse a su familia despuà ©s de presentar la peticià ³n. Por ejemplo, un ciudadano americano pide a una hermana que est soltera. Pasan los aà ±os y cuando llega el momento de la entrevista en el consulado para la green card la hermana est casada y tiene hijos. En ese momento puede pedir que se le extiendan los beneficios al marido y a los nià ±os. No tendr que aplicar con un nuevo formulario I-130 ni pagar por una nueva tarifa de solicitud de dicho formulario, ni habr que esperar a que haya una visa de inmigrante disponible.à Por otro lado, en el caso de familiares no inmediatos no se admite lo que se conoce como congelacià ³n de edad y si una de las personas incluidas como derivadas cumple los 21 aà ±os antes de la entrevista en el consulado no recibir la green card. Por ejemplo, la ciudadana Carolina Vargas pide a su hermano Rogelio Vargas que est casado y tiene un hijo de 16 y una hija de 10. Cuando llega el momento de la entrevista en el consulado, el hijo tiene 22 aà ±os y la nià ±a 16. Ella podr emigrar con sus paps pero el hijo, no. 3 causas por las que no se aprueba la peticià ³n de familiar Ser el familiar de un ciudadano no garantiza la obtencià ³n de la tarjeta de residencia. Es necesario que se cumplan con otros requisitos, como que el solicitante tieneà recursos econà ³micos suficientes para patrocinar. Adems, es necesario que no hay nada en el pasado del familiar para el que se piden los papeles que lo convierta en inadmisible. Esto es, queà no pueda recibir la tarjeta de residencia y estas son 42 causas para ello.à En algunos casos, ser posible solicitar un perdà ³n, tambià ©n conocido como waiver o permiso. En otros la solucià ³n ser dejar pasar el tiempo de castigo, como por ejemplo en los casos de presencia ilegal previa en EE.UU. salvo que se pueda alegar y probar dureza extrema. Finamente, en otros casos ser prcticamente imposible regresar a EE.UU., como cuando ha habido una deportacià ³n por crimen violento o en caso de haber sido agarrado despuà ©s de una deportacià ³n y hay una prohibicià ³n permanente. Sin duda ayuda para familiarizarse con todo el proceso para pedir a un familiar tomar este quiz - conocido en algunos paà ses como trivial o test - para verificar que tienes los conocimientos bsicos sobre cà ³mo obtener y conservar la tarjeta de residencia. Puntos Claves: peticià ³n de ciudadano a familiar Familiares inmediatos: padres, madres, hijos solteros menores de 21 aà ±os y cà ³nyuges. Demora entre 12 y 24 meses, aproximadamente.Familiares no inmediatos: hijos solteros mayores de 21 aà ±os, hijos casados de cualquier edad, hermanos. Demoras de aà ±os y, en algunos casos, dà ©cadas. En estas peticiones se puede incluir en la solicitud del familiar pedido a su cà ³nyuge e hijos solteros menores de 21 aà ±os de edad.Causas por las que no se aprueba la green card:No se prueba relacià ³n familiar entre ciudadano y la otra personaEl ciudadano no tiene ingresos y patrimonio suficiente para patrocinarEl familiar pedido es considerado inadmisible. En algunos casos es posible pedir un perdà ³n. Este es un artà culo informativo. No es asesorà a legal.
Sunday, November 3, 2019
An Argument about Animal Right Essay Example | Topics and Well Written Essays - 1000 words
An Argument about Animal Right - Essay Example So, are vegetarians justified when they underpin the necessity of respect to animal rights? This paper attempts to fathom to what extent these vegetarians can be convincing by summarizing the reasons for which different people eat what they eat and continue to believe in what they believe in this context. Above all, the study seeks to confirm whether animals have their distinct rights as some authors claim. First is Fraser (2000) who says that she decided to become a vegetarian for two simple reasons that: (1) she was broke and (2) she was not and had never thought to become a lesbian. Unlike Walkerââ¬â¢s (2004) deep conviction that killing and eating animals is predatory, and too, that it is concrete obstruction of animalsââ¬â¢ rights of being, Fraser (2000) portrays that to her, avoiding meat and meat products was self betrayal. Fraserââ¬â¢s (2000) vegetarianism in the first place was volatile and induced to counter particular personal problems. But, as Fraser (2000) argue s, later she became convinced that a human being ought to do what his or her mind thinks safe. At first, Fraser felt no pity for animals as expressed by her retreat to using meat and meat products. However, later, Fraser (2000) sometimes felt that using animals thus was unjustified especially on ââ¬Ëanimalsââ¬â¢ partââ¬â¢. ... Singer argues that human beings are ruled and guided by their conscience. Singer (68) and Fraser suggest that if one feels haunted by the mere idea of killing animals in any way, then it will simply be safe to avoid both the act of killing and eating whatever meat and meat products emanating from animal killing. Well, there is no way different minds of different vegetarians could possibly be mistaken for thinking along a similar line of argument. Walker (2004) goes even further to put her shoes in those of a chicken being slaughtered. Most religious beliefs make humans super creatures that must control and rule the earth, but according to Walkerââ¬â¢s (2004) position, animals have their distinct rights to exist like any other creature from birth to death. Similarly, Masson (13) suggests animals are distinct entities and have their own jurisdiction but they are overpowered by other creatures, human beings. But one may counter this argument. For example, while domestic animals are n aturally highly prone to predation if left on their own, humans provide them with stiff protection. The question is; who pays for this? Animals must then pay in a way. Masson (14) says this is right but it is mandatory that they should be killed and eaten to insinuate payment and tribute to a particular farmer. But this argument may be said to be killing itself. If the farm animals are left to graze in the wild, they are killed by the wild animals. In this sense, they do not kill themselves either way. Foer (2009) challenges the killing behavior of humans as says that humans are extraneous in this context. From collective concerns of Masson (14) for domestic animals as collective pact, Foer (2009) isolates dogs and calls them ââ¬Ëmanââ¬â¢s best
Friday, November 1, 2019
Project Report 3 Essay Example | Topics and Well Written Essays - 750 words
Project Report 3 - Essay Example It began in December 2007 and lasted 18 months which was the longest recession since World War 2. By observing the U.S Gross Domestic Production (GDP) and the employment data, we can conclude that the current state of the U.S economy is recovering from the recession. The GDP is an important variable because GDP represents the total dollar value of all goods and services which being produced in the period time. The GDP is also related to the real income, employment and industry production. These reasons are why GDP is an important indicator to a countryââ¬â¢s economy state. By looking at the Quarter-to-Quarter growth in real GDP graph (Bureau of Economic Analysis) the GDP in the last two quarters of 2008 and the first two quarters of 2009 are negative. Especially the last quarter in 2008, the GDP is down by 9% which means the economy of U.S had dropped 9% in the over the last quarter of 2008. However, from the third quarter of 2009 the GDP had grown back to positive and it stayed p ositive from 2010 to 2012. By using the previous data we can conclude that the recession is over and the U.S economy is recovering now. The other important variable is the employment data. ... mic Analysis), we can easily tell the number of employees dropped from 127,383,000 to 121,078,000 during 2008 to 2009 which means there are about 6,000,000 people lost their job during 2008 to 2009. In 2011, the number of equivalent of employees bounced back to 121,757,000 which is a good sign for U.S economy. There are many factors which can cause the economic recession. The most common reason is the declining in GDP growth and it brings the high unemployment rate, inflation and other economic problems. The latest recession in 2008 is because of the bubble burst in housing price. In 2006 the housing price in U.S peaked too high and the price started falling since 2007. The homeowners and the people who invested in real estate were facing a huge loss. Comparing the current GDP to the GDP before recession, we can realize that the GDP before recession is slightly lower than the current GDP. Therefore, U.S economy is recovered from the recession which was started from 2008. However, by observing the gross domestic investment data (Bureau of Economic Analysis table 5.2.3), the gross domestic investment in 2011 is still lower than 2004 to 2008. We can assume that the U.S economy is not fully recovered because people cannot have that much money to invest comparing to the time before the recession. We compared the recession between 2001 and 2008. These two recessions are interesting because they are really close to us, and most of us should remember how it was, and what was happening at that time. There were few main reasons that why the U.S. economy was slipping into recession in 2001. One of the most memorable reasons was the terrorist attack; the terrorist attack bringing down a $10.2 trillion dollar economy is dramatic. Another main cause of 2001 recession was the crash
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