Capitalism and Its Struggle in Developing Countries

Capitalism and its Struggle in the Developing Countries Since the development of civilization, more than 5000 years ago, some type of economic system has always been applied. Resources have been scarce and people always have had to decide how to allocate their resources in the best manner. To this day, people have tried many different systems. However, systems as feudalism and mercantilism belong to the past. During more recent times there have been two competing systems, the capitalist system of the west and the communist system of the east. But with the collapse of the communist regimes in Eastern Europe in the late 1980’s and early 1990’s there now is only one system still standing. Today there is no argument that capitalism, even if†¦show more content†¦Also, immigrants from these countries hardly have any trouble to adapt western capitalism upon arriving here. The problem is not the lack of effort of the developing countries or any cultural differences. The problem lies elsewhere. Economic development is a complex process. In classical economical terms economic growth is defined as increases in four factors; capital, labor, human capital and technology. The objective is therefore to apply an economic policy that generates the greatest increases in these factors. There have been many different theories applying to this, but economists generally agree that economic freedom is essential. Economic freedom is a relatively vague term. But it can be defined as when it is possible to enter into voluntary agreements, which are upheld by a strong and predictable rule of law which also protects people’s private property. There have been attempts to measure economic freedom. The most ambitious is the Economic Freedom Index (EFI) which is reported every year in Economic Freedom of the World, going back as far as 1970. This research is an attempt to describe and measure different countries level of economic freedom. EFI measures 37 different categories divided into 5 groups: size of government, legal structure and security of property rights, access to sound money, freedom to exchange with foreigners and regulation of credit, labor and business. Each category is measured from zero to tenShow MoreRelatedThe Expansion Of Capitalism Has Hindered The Developing Countries Of Asia, Africa And Latin America1490 Words   |  6 Pagesindubitably forward that the expansion of capitalism has hindered ‘the developing countries of Asia, Africa and Latin America’, therefore contributing to poverty: The state of being extremely poor’. Capitalism is an economic system, dependent solely on capital: the force that increases the productivity of labour, creating ‘wealth of nations.’ Adam Smith expressed capitalism’s exclusivity, driven by the ‘invisible hand’ mechanism, exclusive to develop ed countries and capable of causing such poverty. TheRead MoreConflict Theory Essay1066 Words   |  5 Pagespower, interests, coercion, and conflict to form this theory. In other words, Conflict theory is mainly about power divisions and class struggle lead to conflict. This theory plays an important role when it comes to sociological studies, since it proves that sociology also has focus on phenomena of power and conflict. Since conflict theory is mainly about class struggle, one important type of conflict theory is the Marxism Conflict theory. As stated before, this theory has led to many important authorsRead MoreKarl Marx And Max Weber1003 Words   |  5 Pages Their conceptions about religion,capitalism, social class and power are in some ways compatible. 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China’s remarkable economic growth, which exemplifies their â€Å"socialist market economyRead MoreThe Rana Plaza Building Collapse1489 Words   |  6 Pagesabout the structural propensity of capitalism to be global because he rejects the either-or dichotomy. Rather everything is in a constant state of change, hence the quote revealed by the instructor the permanence of change. This adds to the idea that change is inevitable, and that explains the structural propensity of capitalism to be global. Change is so bound to happen that it is an ongoing process contributing to the natural tendency of global capitalism. For example, another quote raisedRead MoreMarxisms Tools for Contemporary International Relations Essay1619 Words   |  7 PagesAfter the collapse of the Soviet Union and the end of the Cold War between the Western Bloc and Eastern Bloc, the enduring ideological conflict between communism and capitalism was seen to come to an end. 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This idea of creating a production dichotomy has become foundational to the modern and increasingly connected world and its means of efficient production by trade;Read MoreThe Reasons For Anti Globalization Protests1263 Words   |  6 PagesMarx’s critique of the problems of capitalism in 19th century Europe. In the following essay, the reasons for anti-globalization protests will be examined and the comparison between capitalism in 19th century and now. Problems depicted by the Anti-globalization protestors Although there are many benefits brought by globalization, drawbacks are involved. Anti-globalization protesters such as Greenpeace and Anti-WTO focus on the problems created by global capitalism like uneven wealth distribution andRead MoreThe Impact of the Cold War on Developing Nations Essay1175 Words   |  5 PagesIntroduction Third world countries became the perfect battleground for cold war proxy battles during the early 1940’s to late 1990’s. United States wanted to flex its political muscle and try to curtail the spread of Soviet Communism in the developing nations. Most of the nations in developed world had already made their political and socio-economic stand regarding the form of governance and leadership pursued. Underdeveloped nations in Asia, Latin America and Africa were still vulnerable and easilyRead MoreImproving Capitalism Essay690 Words   |  3 PagesImproving Capitalism Mankind is an inherently greedy and materialistic species. It is by natural instinct to hoard against future deficiency. Capitalism is based upon this principle which institutionalizes an appetite for money and power utilizing as little labor as possible. In this procedure, basic ethics are sacrificed at the cost of those people born into less fortunate circumstances. Merely because other systems have not succeeded, it does not mean society should not critically examine

Personal Development Plan - 1893 Words

PERSONAL DEVELOPMENT PLAN 1. Introduction The aim of this assessment is to build a Personal Development Plan and evaluate my current skills and knowledge. The primary objective of PDP is to improve my knowledge and plan my educational development according to my background and personal experience so far. 2. What is PDP According to the Quality Assurance Agency for Higher Education in UK (QAA 2004) defined PDP as: ‘a structured and supported process undertaken by an individual to reflect upon their own learning, performance and/or achievement and to plan for their personal, educational and career development. The primary objective for PDP is to improve the capacity of individuals to understand what and how they are learning, and to review,†¦show more content†¦Ã¯â€š · According to Winterton (et al., 2005) Knowledge is sometimes viewed as if it was a concrete manifestation of abstract intelligence, but it is actually the result of an interaction between intelligence and situation. ï‚ · Proctor and Dutta (1995) define skills as goal-directed, well-organized behaviour that is acquired through practice and performed with economy of effort. ï‚ · Attitude can be defined as a learned tendency to act in a consistent way to a particular object or situation (Fishbein). Attitudes have affective, cognitive and behavioural intention components. Skills Know how Attitude Know why Knowledge Know what Page | v 3.3 My SWOT Analysis STRENGTHS Patient Sense of humour Outgoing and competitive Friendly and approachable Hardworking and committed Responsible High technological skills Leadership skills Good presentation skills WEAKNESSES Sensitivity Perfectionist Poor time management Poor organisational skills in personal life Team work OPPORTUNITIES New challenges Wider career prospects Starting a new business – self employment Show off the skills i have learned throughout the Master course THREATS No management experience Competition – other students graduating with the same degree globally Page | vi Strengths Working as a teacher help me improve my leadership skills and my ability to encourage and motivate my students to pass theirShow MoreRelatedDescription Of Personal Development Plan1032 Words   |  5 Pages Personal Development Plan Description of activity to be undertaken Activity type Benefits Timeline Resources required When completed 1.Planing of good customer services. Internal training. It will increase the ratio of customers .It will increase the finances of company. 2 months. Meetings Seminars Tea parties etc On time 2.Traning of staff on budget reports. Internal training. Provides support to upper management and increase the determination of responsibilities. 3 Months. Financial manager toRead MorePersonal Development Review and Plan1519 Words   |  7 PagesPersonal Development Stage 1 Review and Development Plan Table of Contents Page Introduction My Personal Development Review My Personal Development Plan 3 4-5 6-7 2 Introduction At the Introduction to PD workshop I identified two broad reasons why I decided to pursue my MBA. The first was to develop my competence as a manager. The second and more important reason was to advance my career by making myself more marketable. The job market today is undoubtedly very competitive and I realisedRead MorePersonal Development Plan1453 Words   |  6 PagesIntroduction Personal Development Plan (PDP) is a specific plan for your future in short-term of six months or twelve months. It is necessary that you have objectives set up for yourself, and plans and actions to be taken in order to achieve those objectives. Following PDP is a good way to improve yourself, and to acquire skills and knowledge. Therefore, it is advisable to continue doing PDP one after another. Also, PDP includes your CV, so you can update it with new experiences or skills acquiredRead MorePersonal Development Plan2197 Words   |  9 PagesRunning Head: PERSONAL DEVELOPMENT PLAN Personal Development Plan [The Writer’s Name] [The Name Of The Institution] Personal Development Plan Introduction This project development plan is a write up of the theoretical underpinning and the technical experiments or of the reengineering undertaken in order to answer the question(s) posed by the research topic. The project proposal should be supported by a list of current references and an annotatedRead MorePersonal Development Plan5227 Words   |  21 Pages1.0 Introduction This report is to make a self-assessment of my current situation and develop a range of professional and personal skills in order to promote my own future personal and career development. 2.0 Responsibility for own personal and career development 2.1 Own performance of current management skills 1. Time management Time management is the act or process of exercising conscious control over the amount of time spent on specific activities, especially to increase efficiency or productivityRead MorePersonal Development Plan2953 Words   |  12 PagesPersonal Development Plan ABSTRACT This paper presents personal development plan which I have formulated to identify my career objectives and improve my interpersonal and professional skills. Personal development planning includes a set of questions which try to identify career interests, potentials, and competencies, collect relevant information for future decision making, and personal development matrix to identify short and long term goals and their respective actions to be followed. EXECUTIVERead MorePersonal Development Plan2468 Words   |  10 Pages1. Introduction This paper seeks to prepare a personal development plan in my objective to become a leader in an organization. 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Career Path for Acounting - 2753 Words

It is always so hard to give the exact number of people who have majored in accounting, but one thing that I know is that the demography is very wide and large. This is because they have different reasons for majoring in this career path. The most common reason to all people is because accounting is a marketable career and they merely want to find a job. The number of people majoring in this field is growing immensely and the most important thing is to consider the main reason of joining this profession. Some people will claim that when they were in high school, this was their best subject and they loved it and so they will need to major in it. I believe the best reason for majoring in accounting is because it has wide varieties of career†¦show more content†¦The other job, which is available for them is becoming a forensic accountant. These are the people who work with the government or the persons who are accountable for auditing and investigating crimes which are related to accounting frauds and other related things. These people should ensure that they posses some level of law knowledge because this will assist them in identifying areas which have been altered and assist in prosecution of the culprits. A budget analyst is another thing that they can do. This is because they are able to interpret many things, which are recorded in the budget. This is a very crucial and involving work because they are the people who are responsible in the making of financial plans for businesses and other organizations especially the government agencies and other non profitable organizations. The professionals who have taken up these works can take up these jobs in both the private and the public sectors. The people who take these kinds of jobs should be very innovative when it comes to the negotiation process and that is why they should have good personal and interpersonal skills. Financial accounting is another sector that one can venture in. These are the persons who are accountable for the preparation of financial statements of the available businesses or any enterprise. These are the persons who are used to make decisions when there is a merger which is going to take place in any company. ThisShow MoreRelatedFeasibility Studies for Bookstore and Coffee Shop15507 Words   |  63 Pages |Barberio, et al |10 |2007 |625.00 |750.00 | |Math and Dosage Calculation for| | |2007 |748.00 |897.60 | |Medical Careers |Booth, K.H |10 | | | | |Human Anatomy |Saladin, K. |10 |2005 |1199.00 |1438.80 |

Security Concerns Identified in the IOT-Free-Samples for Students

Question: Discuss about the Various Security Concerns Identified in the IOT. Answer: Introduction: The IoT or Internet of Things is the inter-networking of various items like buildings, vehicles, physical devices. These are embedded with network connectivity, actuators, sensors, software or electronics that enable the objects to gather and exchange information (Xu, Wendt and Potkonjak 2014). From the perspective of security the IoT has not been flawless. Various security concerns identified in the IoT are analyzed in this essay. The essay describes the reason for security issues in IoT. The various kinds of security problems are identified. Then they are described and compared. Lastly a sophisticated technique is proposed to resolve the issues. Body: The IoT security has been the sector of endeavor concerning with the safeguarding of the connected networks and devices in IoT. Every computer is hackable. This contains much to do with the market of computers as it has been doing with technologies. Everyone prefers their software to be inexpensive and full of features. This has been at the expense of reliability and security (Li and Da Xu 2017). For instance, a computer affecting the security of Facebook is notably a market failure. The industries have been filled with many market failures that have gone unnoticed till the present days. As the computers have been permeating the homes, business, cars and so on the market failures has not been tolerable no longer. The only resolution has been the regulation foisted on the people by the government desperate in doing something at the face of the disaster. The fundamental problem regarding IoT has been rising due to the concept of networking appliances and various other objects are new relatively. The security is not always included in designing products. The IoT products have been commonly sold with the unpatched and old embedded operating software and systems (Barreto et al. 2016). Moreover, the purchasers have been often failing to alter the default passwords on the smart devices. However, as they change them, they fail to select the strong passwords sufficiently. One of the common security issues for IoT security arising in the current age is regarding the hardware problems. From the very starting of the hardware of the IoT is a problem. With every sudden interest and hype in the chipmakers of IoT devices like Intel and ARM have been reinforcing their processors for further protection with every latest generation. However the realistic scene has not seemed to ever destroy the security gap. The problems have been that the modern arc hitecture of chips has been made particularly for IoT devices (Ren et al. 2014). Thus the prices have been going up and making them costly. Moreover, the complicated design has been requiring more power battery that has been an obvious challenge for the IoT applications. The IoT devices that are wearable and affordable have not been using that kind of chips. This indicates that there has been the necessity for better approach. Some of the existing approaches to resolve the security problems are explained hereby. The most effective way to minimizing the challenges of hardware security regarding IoT has been to possess he stringent framework for testing in place. For the secured testing of hardware one of the top picks are the device range. The coverage network of IoT device has been paramount. The organizations need to be much specific about the range metrics of the device or application (Mahmoud et al. 2015). For example of the Zigbee technology is used for empowering the network of the device, the repeaters are needed to be calculated. These repeaters are needed under the establishment for providing the communication range for the device. However any number of repeaters cannot be put blindly as with the rising number of repeaters the systems capacity reduces (Guo et al. 2016). Thus the testing of device range would enable to seek the sweet spot whether the range can be maximized without reaching breaking point. The next resolution is the capacity and latency. The capacity refers to the bytes per second handling speed of the network. The latency on the other hand points to the entire tike duration taken to transfer data between the endpoints of the applications. The developers have been always looking for the ways for increasing the latency and capacity of their applications of IoT for improving the performance (Hossain et al. 2016). The problem has been both the factors have been inversely proportionate and enhancing one degrades the. For this the data intensive applications and devices are to be tested thoroughly for capacity and latency balance. The next one is the manufacturability next. It has been seldom that the IoT device is built from the scratch of the individuals. Maximum time the module and components are been used that manufactured by the application. To test the modules for proper functioning has been very crucial. The manufacturers have been always doing the testing of assembl y line on their end. However that should also be verified (Gou et al. 2013). Moreover as all the modules are pit together on the board testing has been needed for making sure that there have been no errors that are introduced due to wiring and soldering. The manufacturability testing has been required for making sure that the application has been working as it has been expected to. Figure 1: The IoT security threat map (Source: Beechamresearch.com, 2017) Regarding effectiveness the IoT has been presenting huge opportunities of business for every market virtually. To resolve the problems regarding security the physical objects could be connected with the back end systems related to each other using the internet protocols. The door has to be opened for smart analytics. They must be energy efficiency, cost savings, predictive maintenance and the capability of offering more customized solutions and products effectively. As per as the cost is considered, the example of clothing manufacturing getting connected to the ordering system of customer could be considered. Rather producing loads and loads of items in set colors and sizes, the manufacturer could produce cloths on the basis of the particular details of the customer orders. This has been helping to cut the costs as they have not been producing clothes that no one have been asking for or the dead inventory (Lesjak, Hein and Winter 2015). As the customization rises the values to the cl ients and could effectively let the manufacturer increase the price points and differentiate from the competitors. The scopes could be applied to limitless other markets. The improved technique or method for defending the security issue of IoT is to implement Microsoft Azure. The Azure IoT has been supporting the latest security hardware for strengthening the IoT security. Azure IoT have been supporting DICE or Device Identity Composition Engine and various other types of HSMs or Hardware Security Modules. The DICE has been a standard at TCG or Trusted Computing Group for device attestation and identification that enable the manufactures for using silicon gates for creating device identification on the basis of making security hardware, hardware of DNA of latest devices from ground ups (Phls et al. 2014). The HSMs have been the core security technology used for identities of securing devices and delivering the advanced functionality like the device attestation based on hardware and the zero touch provisions. Moreover the Azure IoT team has been working with the standards major industry partners and organizations for employing the new in best practices in security for deploying support for a huge range of varieties of HSMs. The HSM has been offering resilient and resistant hardware basis of trust in the IoT devices. The Azure IoT transparency of platform has been integrating HSM support with the platform services such as the Azure IoT Hub Device Management and Azure IoT Hub Device Provisioning. Thus it enables the developers and customers in focusing more over recognizing particular risks regarding with the application and lesser on the tactics of security deployment. The IoT device deployment could be autonomous, remote and pen to the treats such as displacement, tampering and spoofing. In such cases the HSMs have been offering a important defense-layer for raising trust in privacy, confidentiality, integrity, authentication and many more (Halak, Zwolinski and Mispan 2016). The Azure IoT group has been grouping directly with the primary HSM manufacturers to enable easy access to a broad variety of the HSMs for accommodating risks regarding deployment specific for the developers and customers. Figure 2: Azure IoT suite (Source: Azure.microsoft.com, 2017) The effectiveness of the software lies in the fact that the Azure IoT team has been leveraging the open standards for developing the best practices for robust and secure deployments. One of those kinds of standards has been the DICE or Device Identity Composition Engine from the TCG or Trusted Computing Group that has been offering the scalable framework of security requiring minimum footprint of HSM for anchoring trust from which for building numerous security solutions such as secure, authentication and the remote attestation. The DICE has been the response to the latest reality of the constraint computing that has been consistently characterizing the IoT devices (Dofe, Frey and Yu 2016). The minimalist approach has been the alternate path towards more traditional framework standards such as the TCG or Trusted Computing Group. This has been offering a framework for scalable security that needed the minimum HSM footprint for anchoring tryst to create numerous solutions of security like remote attestation, secure boost and authentication. The DICE has been the response against the latest reality of the constraint computing continually characterizing the IoT devices. The minimalist kind of approach of it has been the alternate path for more traditional standards of security framework such as the TPM and TCG that has also supported on Azure platform IoT (Syed and Lourde 2016). The security journey has been the one, upon which the IoT team has been committed consistently helping the developers and customers to navigate in achieving the greatest confidence and trust to secure their deployments in IoT. This has involved the supporting of a broad range of security and security standards based on hardware for securing the hardware root to trust for the IoT devices. Conclusion: The security solution to use Azure IoT discussed above must be implemented strictly for assuring the proper functioning of IoT hardware with safety. The technologies of IoT have been still immature for a wide extent and little paranoid about their protection are indeed useful. Before starting with the development of any application, it is mandatory to research and aware as much as possible. There should always be the tradeoffs present and the developer should always be bewaring of the threats. The security beaches are bound to occur almost and the organizations must always be ready with the exit plan. This would help to secure maximum information during any attack. References: Azure.microsoft.com. (2017).Azure IoT Suite | Microsoft Azure. [online] Available at: https://azure.microsoft.com/en-in/suites/iot-suite/ [Accessed 5 Aug. 2017]. Barreto, L., Celesti, A., Villari, M., Fazio, M. and Puliafito, A., 2016. Security and IoT Cloud Federation: Design of Authentication Schemes. InInternet of Things. IoT Infrastructures: Second International Summit, IoT 360 2015, Rome, Italy, October 27-29, 2015. Revised Selected Papers, Part I(pp. 337-346). Springer International Publishing. Beechamresearch.com. (2017).IoT Security Threat Map :: Beecham Research. [online] Available at: https://www.beechamresearch.com/download.aspx?id=43 [Accessed 5 Aug. 2017]. Dofe, J., Frey, J. and Yu, Q., 2016, May. Hardware security assurance in emerging IoT applications. InCircuits and Systems (ISCAS), 2016 IEEE International Symposium on(pp. 2050-2053). IEEE. Gou, Q., Yan, L., Liu, Y. and Li, Y., 2013, August. Construction and strategies in IoT security system. InGreen Computing and Communications (GreenCom), 2013 IEEE and Internet of Things (iThings/CPSCom), IEEE International Conference on and IEEE Cyber, Physical and Social Computing(pp. 1129-1132). IEEE. Guo, Z., Karimian, N., Tehranipoor, M.M. and Forte, D., 2016, May. Hardware security meets biometrics for the age of iot. InCircuits and Systems (ISCAS), 2016 IEEE International Symposium on(pp. 1318-1321). IEEE. Halak, B. and Zwolinski, M., 2016. Hardware-based security solutions for the Internet of Things using physical unclonable functions. Halak, B., Zwolinski, M. and Mispan, M.S., 2016, October. Overview of PUF-based hardware security solutions for the internet of things. InCircuits and Systems (MWSCAS), 2016 IEEE 59th International Midwest Symposium on(pp. 1-4). IEEE. Hossain, M.S., Muhammad, G., Rahman, S.M.M., Abdul, W., Alelaiwi, A. and Alamri, A., 2016. Toward end-to-end biomet rics-based security for IoT infrastructure.IEEE Wireless Communications,23(5), pp.44-51. Lesjak, C., Hein, D. and Winter, J., 2015, November. Hardware-security technologies for industrial IoT: TrustZone and security controller. InIndustrial Electronics Society, IECON 2015-41st Annual Conference of the IEEE(pp. 002589-002595). IEEE. Li, S. and Da Xu, L., 2017.Securing the Internet of Things. Syngress. Mahmoud, R., Yousuf, T., Aloul, F. and Zualkernan, I., 2015, December. Internet of things (iot) security: Current status, challenges and prospective measures. InInternet Technology and Secured Transactions (ICITST), 2015 10th International Conference for(pp. 336-341). IEEE. Phls, H.C., Angelakis, V., Suppan, S., Fischer, K., Oikonomou, G., Tragos, E.Z., Rodriguez, R.D. and Mouroutis, T., 2014, April. RERUM: Building a reliable IoT upon privacy-and security-enabled smart objects. InWireless Communications and Networking Conference Workshops (WCNCW), 2014 IEEE(pp. 122-127). IEEE. Ren, K., Samarati, P., Gruteser, M., Ning, P. and Liu, Y., 2014. Guest Editorial Special Issue on Security for IoT: The State of the Art.IEEE Internet of Things Journal,1(5), pp.369-371. Syed, A. and Lourde, R.M., 2016, December. Hardware Security Threats to DSP Applications in an IoT Network. InNanoelectronic and Information Systems (iNIS), 2016 IEEE International Symposium on(pp. 62-66). IEEE. Xu, T., Wendt, J.B. and Potkonjak, M., 2014, November. Security of IoT systems: Design challenges and opportunities. InProceedings of the 2014 IEEE/ACM International Conference on Computer-Aided Design(pp. 417-423). IEEE Press.