Refine
Year of publication
- 2017 (7) (remove)
Document type
- Academic Papers (7) (remove)
Language
- English (7) (remove)
Has full text
- Yes (7)
Is part of the Bibliography
- No (7)
Course of studies
Beginning in the mid 2007’s the US financial market started to slide into the “worst financial crisis since the Great Depression of the early 1930’s” (Thakor, 2015: p.156). The domino effect of several events and occasions were leading first to a countrywide recession in the USA then later spreading globally. In the following this term paper will deal with the main causes and effects of 2008 financial crisis. Unlike other topics in literature there is no consensus about the question of guilt in this sense. Among economists there are different approaches to explain the main causes of the financial crisis.
Free trade agreements are a constantly discussed issue within economies and between relations within the whole world. Every economy is currently dealing with a lot of free trade agreements influencing their economic situation. All over the world, there are currently over 225 free trade agreements in circulation
For the last hundred years an increasing number of women pushed into male dominated employment but today women still claim to face gender specific inequalities on many levels (Torre 2014). This shift to recruit more nontraditional work force once was generated by a mismatch of labor market demand and labor market supply as well as the economic pressure to be cost efficient. Nowadays it can be observed that employers are more sensitive to society valuation but still they are not able to prevent inequalities caused by sex distinction (Reskin 1993).
Nowadays Islamic banking is relatively unknown in the Western world, but Islam has around 1,57 billion believers worldwide and is the second largest religion in the world. The number of Muslims is constantly increasing over the years. Not only for Muslims, but also for all other people this system provides a new and different way of banking.
Football is unambiguously the national sport in Germany. No other sport attracts more people and has the power to connect more people of different ages, nationality or status. In football everyone is equal at least for 90 minutes. Having one favourite football club means having an emotional connection to it with celebrating the wins and suffering when the team loses. The German Bundesliga in particular is a magnet for fans coming into the stadium.
It is not a mystery that us humans want what is not necessarily good for us. The fundamental desire, want and even need for foods high in fat, salt and sugar is embedded deep within us. It is part of our evolutionary biology, that we crave these unhealthy substances, due to their original scarcity, and our physical need for them in order to survive.
Since ever humans strive for recognition and success. That could be put down to the fact that centuries in the past the rule of the survival of the fittest was valid. According to Darwinians the fittest person is therefore more successful in surviving than the other ones. This rule is still in the head of humans. For instance, the competition between women regarding beauty can be seen as its legacy. It is almost a certainty that more beautiful women are more successful than not that beautiful ones. Humans do always try to be better than others to gain prestige and recognition.
Also the American psychologist Abraham Maslow illustrated this in the “Maslow’s hierarchy of needs”. It says that humans have different kind of needs like basic needs, psychological needs and self-fulfillment needs. Within the psychological needs Maslow defined the Self-Esteem needs which include the need for prestige and the feeling of accomplishment. Driven by those needs, humans compare with each other.