Sunday, July 12, 2020

Essay on Bank Related Topics

Essay on Bank Related TopicsAn essay on bank related topics is a simple and easy way to express oneself. When you are writing a paper for school or college, this essay type is a very useful tool that helps you reach the right goal. The most common reason why people choose this format is that it is free. This is a great advantage of this type of essay, because you can choose what to write about and where to write about it.A good way to start is to write a brief description of the topic. If you have some idea about the topic, you can just write the rest of the details. Some students might prefer to learn more than what they are going to write about. As such, they may want to look up information on the topic that will help them write an essay on bank related topics.Some students do not like to write an essay that is too long. They would rather prefer shorter essay formats, since it will take them less time to read. In fact, there are many different formats for essays.One is called the i ntroduction and the other is the body, where you will provide some basic points and they should all be relevant to the topic that you will discuss. If you are looking for some tips on how to compose a good introduction, then you can take a look at the below mentioned points.Sometimes you will encounter difficult topics. In such cases, it will be better to research the topic first and then you can write an essay on bank related topics. If you do not have much knowledge about the topic, then you can just read other essays related to it. There are various places online where you can find a lot of essays related to the topic.You can also read a lot of articles that are related to an interesting topic. Articles are very helpful if you are interested in one subject. In addition, you can also read popular books related to the topic. All these sources will help you to write an essay on bank related topics.If you are already an expert on the topic and you have information about it, then you can write an essay on the most interesting topic. The topic may vary from year to year. Thus, you have to keep on learning new things from time to time. Just make sure that you will give an interesting explanation about the topic.Essays on bank related topics is a simple and easy way to express oneself. If you are not confident enough to write a paper on your own, then you can always take the help of the resource below. This website has many sample essays written by experts.

Wednesday, May 20, 2020

Essay on Consequences are More Significant than Rights

The priority and absoluteness of rights is often gist for ethical debates. I consider these issues from the perspective of my ethical theory, which I call the ethics of social consequences. The ethics of social consequences is one means of satisfying non-utilitarian consequentialism. It is characterized by the principles of positive social consequences, humanity, human dignity, legality, justice, responsibility, tolerance as well as moral obligation. I analyze Gewirth’s position regarding the absoluteness of rights as well as Nagel’s opinion that rights enjoy priority forever. However, I also concentrate on Williams’s critique of utilitarianism. I contend that the priority of the protection and respect of individual rights in ordinary†¦show more content†¦First of all I shall deal with issues of humanity and human dignity, because it is the main theme of the 20th World Congress of Philosophy. On the one hand, I consider humanity as a certain moral ideal that is established on the respect and pursuit of human dignity. This is achieved through moral principles and particular moral norms that define ways of pursuing humanity in the individual and social life of moral communities. I do not concern humanity as the unattainable and abstract moral ideal that is too far from the moral practice of agents. I mean that humanity as a moral ideal is the expression of actual demands and interests of individuals and humankind together. Human beings have hope for their rational being and surviving just through the fulfilling of humanity, its principles and respect for human dignity. There are also other issues (for example, environmental) that are external conditions for the preservation of human beings as well as life. On the other hand, I accept the principles of humanity as the moral guides for the attainment of a moral ideal. By the principle of humanity I mean the principles what ar e accepted on the level of common sense morality. For example, respect for older people as well as respect for all people who deserve it. Furthermore, this isShow MoreRelatedConsequentialism And Its Effects On The Greatest Happiness Principle1527 Words   |  7 Pagesdetermine what actions are right or wrong. It is the view that an action is considered to be morally right if it produces better consequences than any other available action would have produced. For example, take into consideration someone debating the morally right action when confronted with the decision of whether to study for a test or whether to go to a movie. According to Consequentialism, studying for a test would be the morally right action. This is because the consequences of the action of studying:Read MoreThe Problem of Evil Essay1536 Words   |  7 Pagesimmorally, natural evil, in the form of suffering caused by earthquakes like the Haitian’s, hurricanes such as Katrina, wild forest fires or diseas es such as HIV/AIDS, results from pain and suffering that comes from anything other than human action with predictable consequences. Swinburnes argument is that God allows suffering because its necessary to make humans good of their own accord by giving them the free will to freely choose among their competing deliberations. To understandRead MoreCritically Evaluating Medical Ethics And Legal Issues1403 Words   |  6 Pagesof bioethics for the maxim non maleficence. In order to improve healthcare treatments new research needs to published, medical research is happening all the time. That is where medical ethics come to play. Medical ethics can be defined as doing the right thing while achieving the best possible outcome for the patient. However, how are the best outcomes measured and who measures it? One of the main ethical theories in medical ethics is Deontology. As defined in deontological  ethics  an action is consideredRead MoreThe Health Consequences Of Family Violence1360 Words   |  6 PagesThe name of the article I chose is named Family Violence Heath Consequences Among Married Women by Olufemi Kalesanwo and Emmanuel Adenuga. This research article studies exactly the description of the title, the health consequences of family violence among married women. The specific population that was used for this study was married women in Ogun State. Ogun State is located in south-western Nigeria with a population of 3,728, 098 (Kalesanwo Adenuga). A descriptive research design was used inRead MoreMaking Decisions about Ethical Matters1742 Words   |  7 PagesMaking decisions about ethical matters can be a complicated and well thought-out process. To make things smoother and of a more efficient manner, there have been various systems put in place to provide rules and guide lines as to how to ensure that what is decided is morally right. Here, we will take a look at the view of utilitarianism, and discuss an important flaw it presents us with. Many articles include discussions that look at this in great depth, where it appears the once highly renowned systemRead MoreDefinitions And Development Of Deontological And Teleological Ethics1039 Words   |  5 Pagesjudges the rightness of an action in terms of an external goal or purpose. So, according to a teleological theory, consequences always play some part, be it small or large, in the determination of what one should or should not do. Not all teleological theories are consequentialist. John Rawls theory of justice is teleological, but not consequentialist because it claims that consequences are only part of what must be considered when determining what policy is morally just. For example, animal testingRead MoreIs David Hume Or Immanuel Kant?1428 Words   |  6 PagesWas David Hume or Immanuel Kant more virtuous in their ethical philosophy? First we must understand what these ethical writings were for each modern philosopher. Both Hume and Kant were very influential philosophers during their lifetime, they have also disagreed on many ideas they argue for. We will be focusing specifically on their ethical philosophies to determine which philosopher, if any, would be considered to be more virtuous. In order to answer this question, we must answer a few otherRead MoreEconomic Consequences Of The Black Death1471 Words   |  6 Pages 2. Outline the main short-term and longer-term economic consequences of the Black Death. Which was the most significant? The devastating consequences of the Black Death, which was at its peak between 1346 and 1353, did not cease after the period had ended. The Black Death caused the death of about a third of Europe’s population, with some places, such as Florence losing as much as two thirds of its population. With a smaller population, Europe saw a short-term rise in jobs available for peasantsRead MoreJohn Stuart Mill s The Principle Of Utility As The Standard For Determining The Rightness Of Actions779 Words   |  4 Pagesactions. According to this theory, our actions are right in proportion as they tend to promote happiness, wrong as they tend to produce the reverse of happiness. An act is right if it produces the best aggregate consequences for all those affected by that given act. Thus, consequences of an action are the focus of this theory and as it takes into consideration, everyone affected by the consequences of an action, it promotes equality. Since consequences of an action are the focus of this theory, the rightnessRead MoreThe Moral Dispute Of John Stuart Mill And Immanuel Kant1500 Words   |  6 PagesThesis statement The philosopher Aristotle took the challenge of developing a full-fledged account of virtues that could stand on its own merits rather than simply criticize. He spoke about Eudaimonia meaning happiness of which he defined as the good. â€Å"The good, therefore, has been well defined as that at which all things aim.† His theories for happiness and fulfillment followed a theme of pain and pleasure and the proper function. He raised objections to the normative theories by defining his opposition

Wednesday, May 6, 2020

High-Functioning Autism through Rain Man Essay - 4135 Words

High-Functioning Autism through Rain Man A man and his brother walk down the terminal in an airport. They engage in a heated argument over whether they should board an airplane for Los Angeles. The older brother complains about taking an airplane and fears for his life, telling his brother about the crashes that every airline has had. The younger brother becomes annoyed and tells him that every airline has crashed at one point or another. To this, the older brother exclaims, â€Å"Qantas never crashed.† Upset at his obstinacy and refusing to fly to Australia just to travel to Los Angeles, the younger brother attempts to pull the older. He responds in the only way he knows—by†¦show more content†¦Etiology and History of Diagnosis Autism has undergone significant definition changes in the past. The term was first used in 1912 by the Swiss psychiatrist Eugen Bleuler from the Greek word for self—autos—in his description of patients with â€Å"schizophrenic thinking divorced from both logic and reality† (Rorvik 249). However, an established set of guidelines for diagnosis would not be established until 1943, when Leo Kanner, a German à ©migrà © to the United States, wrote â€Å"Autistic Disturbances of Affective Content†, a landmark essay in which he â€Å"described eleven children who, from infancy, had seemed to cut off from their parents†¦[and] existed in their own, often impenetrable world† (Pollak 250). The common features that he noticed in those eleven children were â€Å"(1) a social impairment characterized by an aloofness and lack of reciprocity; (2) a failure to communicate manifested by muteness, echolalia [a condition of repeating others rather than responding to them], or an inability to get intonations right; and (3) repetitious, stereotyped behavior, like rocking and twiddling in small children and the preoccupation with, say, railroad schedules in older ones† (Pollak 250). Though Kanner suspected a neurological fault, he could not find proof and suggested initially that autism might have been psychogenic. His initial findings convinced him that nearly all of the parents of autistic children were highly intelligent,Show MoreRelatedHow Communication Is Difficult And Interacting With Others954 Words   |  4 Pagessequence or code. The world is seen much differently through your eyes, but no one quite understands what you are thinking. Communication is very difficult and interacting with others is painful. On a very small scale from what we have learned the past few decades a child who is on the spectrum of Autism may understand the words, but not the music. There is a buzz word that many parents use to describe their child who is not exactly normal functioning. This means that they are behaving differently thanRead MoreAutism and Rain Man1505 Words   |  7 PagesAutism and Rain Man In the movies things are portrayed in ways that are supposed to make the movie sell, which means that movies are not always accurate. The movie Rain Man was about a man and his brother, who happened to be an autistic savant. In Rain Man Dustin Hoffman played Raymond, who was a high-functioning autistic savant. In the movie Raymond had routines and rituals that he did; and when his routines were interrupted or he was afraid of something he had a temper tantrum where he wouldRead MoreAnalysis Of Movie Rain Man By Barry Morrow And Ronald Bass1487 Words   |  6 Pagesaffected with autism spectrum disorder (Baio, 2010). Children diagnosed with this disorder eventually grow into adults who need similar care and attention they required earlier in life. The focus of this paper is the 1988 movie â€Å"Rain Man†, a story written by Barry Morrow and Ronald Bass, directed by Berry Levinson, cast played by Dustin Hoffman as Raymond Babbitt â€Å"Rain man† and Tom Cruse as brother, Charlie Babbitt. The National Institutes of Neurological Disorders and Stroke (Autism Spectrum DisorderRead MoreAnalysis Of The Movie Rain Man Essay1402 Words   |  6 PagesSummary: In the film entitled Rain Man, a youn g, egocentric man by the name of Charlie Babbitt takes on the role of a struggling car salesman. While on his way to a small get away with his companion, Susanna, he receives a call that his father has passed away. During the time of the funeral, Charlie reviews his father’s will and learns that he was left a car and his father’s rose bushes. He also is informed that the amount of three million dollars was left to a man named Raymond. In hopes of receivingRead MoreRain Man1367 Words   |  6 Pagespaper deals with rain man movie to critique the most interesting character in it Raymond, his behavior, his language and what the problem he suffer. Charlie is a young and businessman who sells expensive cars for a living. One day he receives word his father died, that a man he had never spoken with him since along years, Charlie get back to his childhood home to get a care of his fathers property, suddenly he surprised all of his dads $3,000,000 estate was left to an unname d man in a trust .AfterRead More Understanding Autism Essay1514 Words   |  7 PagesAutism Imagine you walk into a classroom and you see a child sitting alone at a desk, almost in their own world. Or maybe you see a person sitting at a park, rocking back and forth, talking to themselves. The chances are these people may have autism. 15 of every 10,000 births result in a person with this life altering disorder (source 1). Autism is a developmental disability of the brain that affects communication. There is no cure for this disability and few answers of how to treat itRead MoreAutism Spectrum Disorder ( Asd )1789 Words   |  8 PagesAutism Spectrum Disorder Autism spectrum disorder (ASD) is the name for a group of developmental disorders. ASD is a complex disorder and each individual that suffers from it has a unique set of conditions. The symptoms of individuals with ASD vary in severity. (Lilienfeld et al., 2017, p. 603) The autism spectrum includes classical autism, Asperger s syndrome, Rett syndrome, childhood disintegrative disorder, and pervasive developmental disorder not otherwise specified (PDD-NOS). These disordersRead MoreRain Man Essay1973 Words   |  8 PagesRain Man In the movie â€Å"Rain Man† Directed by, Barry Levinson, Charlie Babbitt played by Tom Cruise, is a Los Angeles car dealer in the business of importing high end luxury cars to California. His current deal of bringing in four Lamborghinis is being threatened by the EPA for emissions. If Charlie is unable to meet its requirements he will lose $80000 in deposits plus all the money spent obtaining the cars. After some quick ploy with an employee, Charlie leaves on a weekend trip to Palm SpringsRead More The Rain Man Essay1709 Words   |  7 PagesThe Rain Man The Rain Man stars Dustin Hoffman and Tom Cruise. The movie was made in 1988. The movie is about an autistic man named Raymon, who is a idiot savant played by Dustin Hoffman and his fast, talking self absorbed, egocentric brother Charlie Babbitt, who is played by Tom Cruise. A egocentric person is a person with the simple recognition that every living thing views the world from a unique, self-oriented perspective(LIFE: Inherently Egocentric written by James Craig Green http://pw2Read MoreSymptoms And Symptoms Of Autism Essay2146 Words   |  9 PagesIntroduction Autism is very frustrating when compared to a lot of diseases for the simple fact that it is so confounding as far as its appearance. As a neurological disease, there are so many different kinds of it, and there is so much that goes into the arrival of the disease. Some forms of autism feature sufferers that have an innate talent for a given skill, and others simply act as if they’re comatose. Among all afflictions that exist, few are as frustrating as autism. There are varying forms

Management Theory of Ford and Taylorism †MyAssignmenthelp.com

Question: Discuss about the Management Theory of Ford and Taylorism. Answer: Ford and Taylorism The world has faced change since the first introduction of Taylorism theory in the first half of 20th century since its first application in the Ford automobile company for producing cheap car in less time. Australia, America and Europe are now considered as the developed part of the world and the workers here will not accept Taylorism in current era, at least not in its original form. However, the principles of Taylorism obviously have their ever-lasting efficiency. As the technology and automation has considerably changed with time, there is no wisdom in completely applying the theory established a century ago. A level of modification needs to be done before applying the theory for getting absolute outcome (Waring 2016). The format of Taylorism is clearly visible in call centres to some extent, as they follow similar principle and structure as proposed by Taylor for improving work efficiency. Weeding out of unnecessary physical movement of the worker, less time consuming production, attractive packages for the employees, division of labor and lack of trade unions are the core principle of Taylorism that are similar to some extent in the call centres. Division of labour can be identified, as the operations are divided into different sectors specialising in niche. The job roles are assigned to the employees accordingly to their area of expertise (wordpress.com 2017). Definitely these ideas can certainly be implemented in some of the industries around the world as the ideas may be old, but the principles behind are not time-bound. The possibilities of the theory are limitless and can still be applied in various industries with required changes. Though thescientific management theory proposed by Taylor is a century old, the principles that are coined in the theory have ever-lasting effect. Principles such as simple production, rewarding hard work, division of work, assembly line and others are the golden rules for any start-up or existing businesses of any sectors. The application of these principles with correct modification based on correct industry and correct time can provide limitless outcomes and guarantee success in the particular domain (youtube.com 2017). Personal Experience Taylorism theory according to my opinion is an effective tool to improve work efficiency of an organization. With moderate changes, the theory can be promising in a wide range of industries in every part of the world Definition of Culture Definition of culture varies with individual, as culture is dynamic. People belonging from different parts of the world, representing their own culture have different worldview. This is the reason behind the variation in the definitions of culture over time as the culture itself is changing over time. The culture adopts itself with time and space depending on the environment, hence, changing the carries itself. It can be referred as the survival mechanism; moulds with the nature to ensure the survival of the humanity (Heine 2015). Culture of American society is different from the culture of the Trobrian islanders of Australia as their survival needs widely varies. As proposed by Edward Burnet Tylore, culture is dynamic and it is ever changing (Saler 2015). Hence, the mind-set of different individual varies widely as their culture varies, with it varies their worldview. Definition of the organizational culture as proposed by Abdi Osman Jama can considered being most appropriate in the matter. As quoted by him An organization is a living culture that can adapt to the reality as fast as possible is more meaningful than the rest. However, Richard Perrins definition also bears strong meaning, but Jamas definition has more truth in it. According to Jama, culture is dynamic and shift incrementally and constantly responding to the internal and external changes. This definition terminates the notion of the culture as a mirror image of the leader of an organization. Culture of an organization is under constant change and adaptation with the external environment as it supposes to be for overcoming any situation that occurs. Hence, it is pointless to try to assess organizational culture. It also opens up endless possibilities for managing the culture in the continuum. Culture of an organization has to be ever adopting and learning to cope up with the changing world and its economy. The stagnant organizational culture is likely to get extinct (hbr.org 2017). Personal Experience According to my experience, the organizational culture likely to change in due course of time in order to survive. McDonald faced similar challenge and was criticized as dinosaur culture and faced the threat of extinction. It is for Steve Easterbrook the company adopted its present culture and avoided the threat. Conclusion Conclusion can be drawn from the above discussion that of activity 1, that the scientific mechanics theory is still effective after a century. The principles of the theory can be used, obviously with considerable modification on their implementation grounds. Activity 2 is based on the discussion of organizational culture. The first part of the discussion is an analytical part was reasons behind different definitions have been discussed. Second part of the discussion is comprised of the best suited definition of organizational culture with clarification. References hbr.org. (2017).organizational culture. [online] Available at: https://hbr.org/2013/05/what-is-organizational-culture [Accessed 18 Aug. 2017]. Heine, S.J., 2015.Cultural Psychology: Third International Student Edition. WW Norton Company. Saler, B., 2015. EB Tylor and the Anthropology of Religion.Marburg Journal of Religion,2(1). wordpress.com. (2017).Ford and Taylorism. [online] Available at: https://veerpals.wordpress.com/2015/08/10/ford-and-taylorism/ [Accessed 18 Aug. 2017]. Waring, S.P., 2016.Taylorism transformed: Scientificmanagement theory since 1945. UNC Press Books. youtube.com. (2017).Ford and Taylor Scientific Management. [online] Available at: https://www.youtube.com/watch?v=8PdmNbqtDdI [Accessed 18 Aug. 2017].

Thursday, April 23, 2020

The Issue Of Abortion Pro Choice Or Pro Life Essay Example For Students

The Issue Of Abortion : Pro Choice Or Pro Life? Essay The Issue of Abortion: Pro-Choice or Pro-life?The murder of innocents or, a woman’s right to choose; the Pro-Life/ Pro-Choice Debate, Which side are you on? The issue of abortion has been a topic of interest not only in the medical world but also in the political and religious worlds as well. The pro-life argument states that at conception the fetus is a baby and terminating it is taking a life. The pro-choice argument states that the unborn fetus, not baby, is just a blob of tissue and your terminating a pregnancy not a child. Both sides of the argument will be discussed in this essay along with the views of the church, politicians, women who have had abortion, and even a women who use to worked for Planned Parenthood. Statistics Abortion defined is the termination of pregnancy by the removal or expulsion from the uterus of a fetus or embryo prior to viability. We will write a custom essay on The Issue Of Abortion : Pro Choice Or Pro Life? specifically for you for only $16.38 $13.9/page Order now Each year in the United States 1.6 million abortions are performed with 91% of them being performed during the first trimester (under 12 weeks of gestation). There are second trimester abortions as well (under 24 weeks of gestation) which occurs in 9% of the accumulative abortions a year in the United States. And about 100 abortions are performed in the third trimester (above 24 weeks gestation) this is approximately .01% of all abortions. 1. 5 million U.S. women with unwanted pregnancies will choose abortion each year. Most of these women have jobs with the remaining being in school and most of them will choose to have children at a future time in their life. Eighty-two percent of women that have abortions are unmarried, single, or separated. It has been proven that almost half of American women will have an abortion at sometime in their lifetime. There are around. .ife advocates also believe that contraception is wrong and try to keep women from receiving it as well. There are even laws that protect pharmacists from punishment if they choose to refuse contraception to any women. These laws also protect those like a women pharmacist refusing Viagra to a man because she feels he may rape someone with it.(amplify, 2009) There is also the argument that women who are raped or victims of incest should be forced to carry a child to full term and then give the child up for adoption. Statistics say that 1 in 3 women will be victims of rape or a sexually violent act but does this mean that 33% of women also should be forced to carry their violators child to term? It doesn’t seem fair that a woman loses her feelings of safety and loses her choice to say no and then also has to go through an unwanted pregnancy on top of it.(amplify, 2009)

Tuesday, March 17, 2020

5 New Year’s resolutions for your career in 2019

5 New Year’s resolutions for your career in 2019 ‘Tis the season†¦ to come up with all the ways your life will be better, more healthy, and more profitable next year. In a few weeks, all our best intentions will kick in and we’ll be ready for changes. Some may stick, and some may not, but it’s always good to have a plan. Here are some resolutions you can dedicate yourself to in order to boost your career in 2019.Resolutions to boost your career in the coming yearResolve to be more accountableThe reason so many New Year’s resolutions fail is that although we’re great at coming up with things we need and want to improve, actually getting the work done tends to get lost in the realities of everyday life and routine. If you want to make lasting changes to your professional fortunes in 2019, start by committing to a set of (reasonable) goals. If you lay out your goals and write down the steps you’ll need to take to get there, you’re more likely to stick to them. Setting small goals al ong the way and having the satisfaction of ticking them off makes distant year-long goals seem more attainable and may keep you on the right path.Resolve to take the next step in your career, even if you’re not ready to quitâ€Å"Find a new job† is a pretty common resolution. But if you don’t want to leave your job, job hunting isn’t the only way to move up. Think about what it will take to get a promotion in your current gig. What skills will you need? Start working on those. What does that next step look like? Talk to your boss and let him or her know that you’re looking to take the next step, and discuss your options for taking on more responsibilities, getting more training, or doing whatever you need to do to level up.Resolve to be less stressedWork stress is not only an impediment to your goals, but it can also damage your health and overall happiness. Resolve to find good outlets for work stress. Maybe it’s a new hobby. Maybe itâ€⠄¢s arriving at work half an hour early to have some peaceful time before emails need answering and coworkers start arriving for the day. Whatever would help you feel more calm and centered when things are chaotic, try to build some of it into your routine on a daily basis.Resolve to build your networkYour professional network is one of the best assets you have in your career. It can be a sounding board, or a pipeline to new opportunities. Unfortunately, social media is a double-edged sword here- it makes it easier to add people to your network, but also easier to keep those relationships shallow and stagnant without having to put in much effort.To get the most out of your network, build relationships outside of Facebook likes and LinkedIn notifications. Start with your existing network and think about which relationships you’d like to polish. If you live in the same area as a key contact, have lunch with that person every few months. If you’re distant, drop an email t o get a conversation going.If you want to make your network bigger, set a goal of adding X number of new contacts per month- maybe find friends of friends who work in industries or at companies you’re interested in, or join professional meetups or other communities.Resolve to take more risksOne of the best things you can do, career-wise, is take a chance on new opportunities. This could mean taking on tasks or projects that are new to you, or attempting a new job that’s outside of your comfort zone. That’s not to say you should quit your job tomorrow and go where the job market takes you, but at least be willing to consider making changes outside your routine.The â€Å"new year, new you† novelty and enthusiasm may last about as long as your new January gym routine. However, if you approach them realistically and with commitment, the goals you set for your career now can help set you up for a whole year of successes and learning opportunities.

Sunday, March 1, 2020

Alexander Hamilton and the National Economy

Alexander Hamilton and the National Economy Alexander Hamilton made a name for himself during the American Revolution, eventually rising to be the untitled Chief of Staff for George Washington during the war. He served as a delegate to the Constitutional Convention from New York and was one of the authors of the Federalist Papers with John Jay and James Madison. Upon taking office as president, Washington decided to make Hamilton the first Secretary of the Treasury in 1789. His efforts in this position were hugely important for the fiscal success of the new nation. Following is a look at the major policies that he helped implement before resigning from the position in 1795. Increasing Public Credit After things had settled from the American Revolution and the intervening years under the Articles of Confederation, the new nation was in debt for more than $50 million. Hamilton believed that it was key for the US to establish legitimacy by paying back this debt as soon as possible. In addition, he was able to get the federal government to agree to the assumption of all the states debts, many of which were also sizable. These actions were able to accomplish many things including a stabilized economy and a willingness of foreign countries to invest capital in the US including the purchase of government bonds while increasing the power of the federal government in relation to the states. Paying for the Assumption of Debts The federal government established bonds at Hamiltons behest. However, this was not enough to pay off the huge debts that had accrued during the Revolutionary War, so Hamilton asked Congress to levy an excise tax on liquor. Western and southern congressmen opposed this tax because it affected the livelihood of farmers in their states. Northern and southern interests in Congress compromised agreeing to make the southern city of Washington, D.C. into the nations capital in exchange for levying the excise tax. It is noteworthy that even at this early date in the nations history there was much economic friction between northern and southern states. Creation of the US Mint and National Bank Under the Articles of Confederation, each state had their own mint. However, with the US Constitution, it was obvious that the country needed to have a federal form of money. The US Mint was established with the Coinage Act of 1792 which also regulated the coinage of the United States. Hamilton realized the necessity of having a safe place for the government to store their funds while increasing the ties between the wealthy citizens and the US Government. Therefore, he argued for the creation of the Bank of the United States. However, the US Constitution did not specifically provide for the creation of such an institution. Some argued that it was beyond the scope of what the federal government could do. Hamilton, however, argued that the Elastic Clause of the Constitution gave the Congress the latitude to create such a bank because in his argument it was, in fact, necessary and proper for the creation of a stable federal government. Thomas Jefferson argued against its creation as being unconstitutional despite the Elastic Clause. However, President Washington agreed with Hamilton and the bank was created. Alexander Hamiltons Views on the Federal Government As can be seen, Hamilton viewed it as supremely important that the federal government establish supremacy, especially in the area of the economy. He hoped that the government would encourage the growth of industry in a move away from agriculture so that the nation could be an industrial economy equal to those of Europe. He argued for items such as tariffs on foreign goods along with money to help individuals found new businesses so as to grow the native economy. In the end, his vision came to fruition as America became a key player in the world over the course of time.