Historical analogy Essay Example | Topics and Well Written Essays - 1250 words

Historical analogy - Essay Example an economic event that began in 1928 in Germany and in 1929 in the United States that resulted in economic hardship, degrading changes in political systems and even sparked the World War II according to certain groups. The said event can be related to the policies implemented by the governments of Germany and United States (Temin, 1991, p.42). One point presented is the access to credit. This resulted to tightness of credit from 1920-1930 in Europe which can be related to the collapse of production and the prices during the early period of Depression (Temin, 1991, p.42). The financial meltdown due to global current account imbalances based on due to trade balances intensified by other factors can be considered as the main reasons for the Great Depression (Lehmann and Lehmann, 2010, p.101). Aside from the factors related to credit, production and prices of products, there are key events related to the Depression. The first event was the stock-market crash in New York. Other three other events were the Smoot-Hawley tariff in 1930, the first baking crisis of Friedman and Schwartz and the collapse of the commodity prices. Based on these events, the Great Depression can be significantly related to the dynamics in the economy of the United States (Temin, 1991, p.43). By analyzing the different events on the basis of the dynamics of the stock-market, there are numerous events that can be compared to the Great Depression but none of them resulted to the said economic catastrophe. The stock market changed but the income generation had not been achieved. The global economic meltdown can be considered very similar to the Great Depressions in numerous aspects. The global economic meltdown can be compared to the Great Depression in certain points. The said event that occurred between 2008 and 2009 was based on defective monetary policy. The economic meltdown can be considered as the problem faced by the modern world which originated in the economic system of the

Sickle cell anaemia Essay Example | Topics and Well Written Essays - 1000 words - 1

Sickle cell anaemia - Essay Example rised by the presence of an atypical haemoglobin type S which is rigid, fragile and crescent-like cells that easily die off making a person record low red blood cells count. The disease is inherited by children from their parents and sufferers usually experience anaemia in which the red blood cells are in low count since they (sickle cells) die within a period of about 3 weeks unlike the normal red blood cells that die after 4 months. This leaves the body with low energy and constant tiredness owing to lack of oxygen for respiration. Episodic pains are as well experienced owing to the barricade they cause along the blood vessels (Steinberg, 2009:83). Sickle cell anaemia is considered is a blood cell disorder passed from parent to child. The disorder comes when there are inflexible and hemispherical blood cells that are atypical as compared to the standard and regular red blood cells that are usually supple (Mehta, 2009:33). These abnormal cells (haemoglobin S) do not enable free flow of oxygen to the entire body as it should be for energy generation as they get wedged and jammed along the blood vessel thereby blocking the ‘blood highway’. This blockage account for the pain that patients suffering encounter and the lack of oxygen supply brings about serious fatigue. It is regarded as another type of anaemia disorder in which cells necessary for carrying oxygen are lacking or few in number. The disease is inherited in an ‘autosomal recessive inheritance’ pattern in which both parents have to transmit the genetic material to the baby for the child to suffer otherwise if its only one parent then the child w ill be a carrier and not manifest the symptoms. Since sickle cell anaemia is a blood disorder, it is diagnosed through testing the blood for individuals who have already been born although it is possible to detect the disorder even in unborn babies in which fluid in the amniotic tissue is tested to check for the presence of Haemoglobin S which is the