Wednesday, December 25, 2019

Hinduism Buddhism And Hinduism - 1045 Words

Southeast Asia, particularly India, is the birthplace of many religions. India is where these two religions arose: Buddhism and Hinduism. Hinduism is a very ancient belief system derived from the lifestyle of Southeast Asia. It still has a strong presence in its place of origin and it is characterized as a family of religions. An offspring of Hinduism, Buddhism is also a family of religions, except it has less of a strong presence in its place of birth. Yet, situated to the East area of the world, it is the leading denomination. Similarly, both religions utilize the term â€Å"Dharma†, the way of life and thought, to describe their customs. The only difference in this respect is that Buddhists link it to the teachings of Buddha, who is the founder of their faith. Both religions have a long history and are still active today and with one deriving from the other makes them comparable in some ways. However, Buddhism and Hinduism are also contrasting in aspects like each religion s clergy, rituals, prayers, places of worship, and religious objects. According to the dictionary, clergy is the body of people ordained for religious service. Unlike Buddhism, Hinduism does not have an official clergy. Despite not having a formal clergy, it does have Gurus who can teach as well as give advice and help. There are also Brahmins who aid Hindus spiritually and offer guidance, and the Hindus main individuals, Pujaris, which are the Hindu priests. He performs all the religious duties in theShow MoreRelatedHinduism, Hinduism And Buddhism1205 Words   |  5 Pagesafterlife has become a controversial subject across many religions. Religions such as Hinduism and Buddhism have provided a multitude of similar and different analysis behind their specific beliefs and practices. Similar to many religions practiced around the world, Hinduism portrays a great amount of belief in worshipping gods that they believe play a special role in their history. Though when speaking of Hinduism, I should mention that it does not consist of a single, dominant religion. It is aRead MoreHinduism And Buddhism And Hinduism1641 Words   |  7 PagesSo far we’ve learned about Hinduism and Buddhism in India two of the most common religions found in India. One of the many things about learning about different culture is the religion that is come with. Religion is one of the many things that are unique to each and every culture. Religion views are what make a group of individuals come together and form a community. In core 7 we are learning about Hinduism and Buddhism learning about India and their religion views has helped me see the world inRead MoreHinduism And Buddhism And Hinduism1276 Words   |  6 PagesOut of the worlds many beliefs and religions, Buddhism and Hi nduism make of about 20% of them (The Future of World Religions: Population Growth Projections, 2010-2050). Hinduism and Buddhism are the most influential and popular in the eastern hemisphere, mostly in and around the Asian continent. These two religions have similar ideologies. So much so that many say that Buddhism is an appendage of Hinduism. Such religions have different religious structures, which allow broader interpretations toRead MoreBuddhism, Hinduism, And Hinduism1817 Words   |  8 Pagespracticed today. Most of these religions are based off the belief in a god, or have a moral code that they need to follow in order to appease their god or achieve salvation in the afterlife. Three religions that will be highlighted here are Buddhism, Sikhism, and Hinduism. In each of these three religions, they all share some religious tenets, or beliefs, that is universally accepted amongst all religions around the world and throughout history. Some of these tenets include the belief in a god or a SupremeRead MoreBuddhism Vs Hinduism : Hinduism1573 Words   |  7 PagesBuddhism vs Hinduism Hinduism and Buddhism are two religions that are very open and tolerant of all people. They are religons that believe in acceptance of all and open-mindedness of other religons. Hinduism is the oldest religion on the planet that has been well established and still has a large following. To put it into perspective if religons were under 100 years old Hinduism would be 80 and Judaism and Christianity would still be in their 20s or 30s. Buddhism is also a long-standing religionRead MoreBuddhism Vs Hinduism : Hinduism1773 Words   |  8 Pages05 Taylor Winchester Professor Warber HST 203 October 24, 2015 Buddhism vs. Hinduism According to the book, The Religion of the Hindus, Hinduism is the third oldest world religion that has approximately 300 million followers, most of which live in India. The holy language of Hinduism is the Sanskrit language. Hinduism is considered a religion versus a philosophy. There is no specific founder for Hinduism; however, it is closely related the customs and manner of Hindus, making it ratherRead MoreBuddhism and Hinduism881 Words   |  3 PagesSome awesome title I make Buddhism and Hinduism are two of the most philosophical religions around the world. Both religions stem from India before the Common Era and hold ranks as being one of the top five main religions around the world, therefore, having similar origins and philosophies. Hinduism places third as an organized religion and is much older than Buddhism. Hinduism and Buddhism have lasted for centuries and today is widely practiced among the world. Hinduism is considered to be monotheisticRead MoreHinduism and Buddhism976 Words   |  4 Pages Buddhism and Hinduism are two of the world’s most influential and greatest religions. Buddhism is a religion based on the teachings of the awakened one (Abrams), and Hinduism is the oldest of the world’s greatest religions (Rice). Both of these religions arose in South Asia, thus they share similar culture and philosophy; however, they also contrast greatly with each other in many other aspects. By comparing the rituals of worship of the two religions it is proven that Hinduism worships variousRead MoreChristianity, Hinduism, Buddhism, And Hinduism1173 Words   |  5 Pagesfollowing religions are: Christianity, Islam, Judaism, Buddhism, and Hinduism. These religions cover up more than half of world’s people and the reason why people are conforming every day is because each and every one of them has extraordinary stories that’ll take your breath away. As much as I want to talk about the five religions listed earlier, I only want to give you a chance to gain more knowledge on Islam and Buddhism. Islam and Buddhism both have similarities and differences. You’ll know theRead MoreHinduism And Buddhism : Buddhism942 Words   |  4 Pages Hinduism and Buddhism Park University Desmond Hutchinson RE307 â€Æ' Abstract Both Hinduism and Buddhism originated in India a very different world and origin than the other main religions. What is now called Hinduism began in India around 2000 years before the birth of Jesus Christ. Minorities in religion Hinduism and Buddhism are still well known and are growing in its followers from all over the world not just limited to the traditional geographical locations. Hinduism and Buddhism are different

Monday, December 16, 2019

Summary Of The O Clock News On The Eyes Darted Around...

His eyes darted around the circle. There were twelve objects surrounding him. Without even realizing it, he was about to make the most important decision of his life. This was probably the most bizarre collection of items anyone will ever see. A book, a chicken leg, a ruler and a lipstick would have no business being together in any other circumstances. After a few more minutes, he crawled toward the seal. The man and the woman standing around the circle tensed in anticipation. At the last moment, he stopped, turned toward the miniature bale of straws, and picked it up. The woman stifled a groan, and the man turned away in exasperation. And just like that, the man and the woman have decided that their one-year-old son will never amount to anything. For as long as I care to remember, I have believed that there is no such thing as â€Å"free will†. The 7’O Clock News on September 2, 2001 shook me to my core. The Chinese anchors shuffled their notes, put on the biggest smiles I had ever seen and announced that â€Å"the Empire of America has finally gotten what’s coming to them†. Soon, my classmates started cheering. As far as I could tell, I alone was disgusted. On the other hand, while Griffin does not specifically comment on the effects of nurturing on Himmler’s life, I am inclined to believe that the influence of his father and the popular harsh German pedagogy masterminded the monster that was later responsible for the crimes against humanity. I first read B.F. Skinner’s Beyond

Sunday, December 8, 2019

Roadmap Logistic Company Accounting Equation

Question: Discuss about theRoadmap Logistic Company Accounting Equation. Answer: Introduction An accounting equation shows the relationship of assets, liabilities and equity in the firm. It equates assets to liabilities and equity (Clarke, 2005). Assets in a firm should be equal to liabilities and equity owned by the shareholders. If the accounting equation of a firm does not balance, the accounts are said to be containing errors. Accounting equation fails to balance when transactions are incorrectly recorded and entered in financial statements (Sangster, 2016). This paper discusses accounting equation using Roadmap Logistic Company. It involves entry of transactions to financial statement. The paper also final financial statements of Roadmap Logistics for the accounting period covered. Background of the Company Roadmap logistic is a company started to offer transport services of cargos in Egypt. The company will specialize in long distance transportation and management of the supply chain. The company will operate by entering into contracts with client. The company is set to start with a capital of $500000. The company will buy a truck at $100000 The trucks will be used for transporting cargo around Egypt and neighboring countries. The company will buy a warehouse and a headquarter office in Cairo. The company will open a bank account to ease transactions with customers around the country. The company will also insure it properties to ensure continuity and transfer of risks in the business. Accounts Entries in the First Month Putting of capital in the cash account will increase both the cash account and capital account. The cash account will be debited. The capital account will be credited to show an increase of cash to the company. The cash account will be debited $500000 that will be from capital account. This transaction will increase both the assets and the owners share in the company. Buying one asset by cash will lead to both decrease in cash account and increase in assets account. Buying one truck by cash will reduce the cash account by $100000 and increase the truck account by $100000. The cash account will be credited $100000 while the truck asset account will be debited $100000. Buying another asset by account payable will increase the account payable and increase the asset account. Account payable is a liability and will be credited the amount payable by the company. The company buying a warehouse on account payable will increase the account payable by $100000 as well as increase the warehouse account by $100000. The warehouse account will be debited. Selling some services for cash will increase the revenues accounts and cash account. Revenue account will be credited to amount earned by sale of service while cash account will be debited the same amount to show an increase in cash in the company. For instance selling services that are paid in cash at $20000 will lead to an increase in revenue account by $20000 and cash account by $20000. Revenue increase owners capital in the business and therefore credited when it earned. Selling some services for account receivables will increase both the revenue account and account receivable account. Account receivable is an asset account and will be debited to signify an increase. The revenue account will be credited to indicate amount earned from services to the company. For instance, services provided on credit for $10000 will be credited in the revenue account and debited on the account receivable. Making an expense of $10000 in the first month will lead to a decrease of cash account and capital account. Expenses reduce the capital and therefore the expense account will be debited while the decreasing cash account will be credited (Davidson Weil, 2000). The expense account will be debited $10000 and cash account credited $10000 for the month. Pay dividends for the month will decrease both the cash account and capital account of the company. Dividends paid reduce capital of the company and will lead to debit of the capital account. Cash account will be credited the amount of dividends paid. For instance, paying $5000 as dividends for the month will reduce the capital account by $5000 and cash account by the same amount. Buying an insurance policy for the whole year will be entered in an asset account to show a prepaid amount that the company has not yet incurred. The first month premiums will be recorded in the expense account. Payment made to the insurance company will reduce the cash account and the insurance expense account will be credited to show an expense that has not been incurred. Paying $12000 for the insurance to cover the companys assets for the whole year will be credited in the insurance expense account. $1000 for the first month will be debited in the insurance expense account. Cash account will be credited $12000 for the whole year amount directed to insurance. Accounting Entries for Suggested Transactions Transactions Dr ($) Cr ($) 1 Cash Capital 500000 500000 2 Purchase of one truck by cash(asset) Cash account 100000 100000 3 Purchase of a warehouse(asset) Account payable 100000 100000 4 Sales/revenue account Cash account 20000 20000 5 Account receivables Sales/revenues account 10000 10000 6 Expenses account Cash account 15000 15000 7 Capital account Cash account 5000 5000 8 Insurance expense Prepaid Insurance Cash account 1000 11000 12000 Ledger Accounts Capital account Dr Cr Dividends 5000 Cash 500000 c/d 495000 Cash Account Dr Cr Capital 500000 Sales 20000 c/d 388000 Truck 100000 Insurance 12000 O/Expenses 15000 Dividends 5000 Expense Account Dr Cr O/Expenses 15000 Insurance Expense 1000 c/d 16000 Sales/Revenue Account Dr Cr Cash 20000 Credit 10000 c/d 30000 Trucks Accounts Dr Cr On cash 100000 Warehouse Accounts Dr Cr On Credit 100000 Account Receivable Dr Cr Sales 10000 c/d 10000 Insurance Account Dr Cr 12000 c/d 11000 1000 Account Payable Dr Cr Warehouse 100000 c/d 100000 Adjusting Entries Transactions Dr ($) Cr ($) 1 Cash Adjusted cash Capital Adjusted Capital 500000 388000 500000 495000 2 Purchase of one truck by cash(asset) Cash account 100000 100000 3 Purchase of a truck(asset) Account payable 100000 100000 4 Sales/revenue account Cash account 20000 20000 5 Account receivables Sales/revenues account 10000 10000 6 Expenses account Adjusted expenses Cash account Adjusted Cash account 15000 16000 15000 16000 7 Capital account Cash account 5000 5000 8 Insurance expense Prepaid Insurance Cash account 1000 11000 12000 Income Statement Roadmap Logistics Company Cash flow statements For the period ending 11th Nov 2016 Inflows $ Sales 30000 Outflows Operating expense 16000 Insurances expense 1000 Profit 15000 Dividends paid 5000 Retained earnings 10000 Balance Sheet Roadmap Logistics Company Balance sheet As at 11st Nov 2016 Assets Current Assets Cash 238000 Prepaid Insurance 11000 Account receivable 1000 Non Current Trucks 100000 Building 150000 Total Assets 605000 Liabilities Current Liabilities Account payable 100000 Owners Equity Capital 500000 Less dividends paid 5000 Retained earnings 10000 Total Liabilities and Capital 605000 References Clarke, E. (2005). Accounting (1st ed.). South Melbourne, Vic.: Thomson. Davidson, S., Stickney, C., Weil, R. (2000). Financial accounting (1st ed.). Chicago: Dryden Press. Marriott, P., Edwards, J., Mellett, H. (2002). Introduction to accounting (1st ed.). London: SAGE. Rai, A. (2003). Reconciliation of net income to cash flow from operations: an accounting equation approach. Journal Of Accounting Education, 21(1), 17-24. https://dx.doi.org/10.1016/s0748-5751(02)00032-5 Sangster, A. (2016). The Genesis of Double Entry Bookkeeping. The Accounting Review, 91(1), 299-315. https://dx.doi.org/10.2308/accr-51115 Yamey, B. (2001). Early View on the Origins and Development of Book-keeping and Accounting. Accounting And Business Research, 10(sup1), 81-92. https://dx.doi.org/10.1080/00014788.1979.9728773

Sunday, December 1, 2019

Two Major Events in British History that Have Dramatically Affected the UK

Introduction Britain has encountered a number of events that have dramatically affected its society and the UK international fraternity. Industrial revolution, agrarian revolution, invention of railways, Gordon riots, the suffragists, Indian mutiny, colonialism, Irish rebellion, the chartists, Thatcher, trade, and the expansion of empires, amongst other events, are part of the British history.Advertising We will write a custom essay sample on Two Major Events in British History that Have Dramatically Affected the UK specifically for you for only $16.05 $11/page Learn More More importantly, all these events attract the attention of the international community making Britain’s presence in the international arena more pronounced. However, in this paper, the writer considers colonialism and the 1926 general strike as two crucial events that have had enormous effects on the British society, as well as its international presence. In its simplest terms, colonization refers to the population of one or more species in a certain area. Colonialism, on the other hand, refers to â€Å"Western European countries’ colonization of lands mainly in America, Africa, Asia, and Oceania† (Marcy James, 2003, p.5) Britain, Portugal, Spain, and Netherlands, to name a few, were some of the European nations that involved themselves actively in colonization endeavours. On the other hand, the 1926 general strike stands out as essential for consideration while business managers make vital decisions regarding the way they handle their workforce. In fact, one can perhaps benchmark the repercussions of inappropriate handling of worker’s issues with the aftermaths of 1926 general strike in the United Kingdom. As the paper unveils, colonialism and the 1926 general strike constitute two crucial events in Britain that have immensely affected the British society with the consequences of fostering the UK’s presence on the internationa l floor. The 1926 General Strike Trades Union Congress (TUC) in 1926 called for a general strike in the UK. This strike went on for nine days consecutively. Though unsuccessful in attaining its aim, the strike attempted to â€Å"force British government to act to prevent wage reduction and worsening working conditions faced by coal mines workers† (Renshaw 1975, p.158). The modern day businesses face dynamics of changing business productivity, which perhaps must prompt the managers to take interventions in an attempt to save an organization from dying. Such interventions would take a valid number of options. During the First World War, Britain saw an immense reduction in the coal output per worker. As Peter notes, â€Å"productivity was at its lowest ebb. Output per man had fallen to just 199 tonnes, in 1920 to 1924 from 247 tonnes† (2001, p.449). Amid the reduced in production, the prices of coal were also immensely dropping.Advertising Looking for essay on histor y? Let's see if we can help you! Get your first paper with 15% OFF Learn More As part of war repatriation strategies, Germany had resorted to exportation of free coal to Italy and France hence affecting the Britain’s coal market impeccably. Additionally, â€Å"The reintroduction of the gold standard in 1925 by Winston Churchill made the British pound too strong for effective exporting to take place from Britain, as well as the economic processes involved in maintaining a strong currency) raised interest rates hurting all businesses† (Robertson 1926, p.376). Evidently, this formed a business scenario that called for action to save the coal industry from collapsing. However, first to occur in the UK, search scenarios repeat themselves in almost every business organization across the globe. More often than not, businesses would want to make sure that their profits are normal even in times of economic crises. The mines owners knew this fact exceptionally well. As David (1988) reckons, â€Å"Mine owners wanted to normalise profits even during times of economic instability, which often took the form of wage reductions for miners. Coupled with the prospect of longer working, the industry was thrown into disarray† (p.105). The mine owners officially announced that they would reduce the wages of their workers. Was this a solution to be welcomed warmly? The repercussions of this decision perhaps help the entire world shape their approaches to human resource issues especially with the existence of workers unions. Any attempt to touch on workers’ wages, as an intervention to save a business organization, borrowing from aftermaths of the 1926 general strike in the UK perhaps calls a manager and business leaders to reconsider the strategy. In fact, this brings the repercussions of Britain’s coalmines owners’ decision into picture. TUC reacted to calls to reduce the wages of coalmines workers by promising to support them in their dispute with the coalmines owners. Voicing the imminent likely dispute, the government intervened to offer subsidies that would maintain the workers’ wages as norm. Unfortunately, these subsidies were temporary. As Peter notes, â€Å"The Samuel commission published a report on March 10, 1926 recommending that in the future, national agreements, the nationalism of royalties and sweeping reorganisation and improvement should be considered for the mining industry† (2001, p.449). This report recommended that the wages of the coalmines workers be reduced by 13.5 % upon withdraw of the government subsidies. The workday was also to be lengthened. A repercussion of this decision was the general strike.Advertising We will write a custom essay sample on Two Major Events in British History that Have Dramatically Affected the UK specifically for you for only $16.05 $11/page Learn More During the nine days of the strike, the transportation came t o a standstill amid other consequences including work boycotts. This had the effect of affecting the production output of their coalmines. With time, some workers perhaps due to their economic challenges decided to go back to work and work according to the new terms and conditions. Symons (1957) notes, â€Å"The miners maintained resistance for a few months before being forced by their own economic needs to return to the mines†¦By the end of November, most miners were back to work† (p.158). A good number of those who refused to accept the new terms hence opting to remain out of the coalmines remained unemployed for a long time. On the other hand, â€Å"Those that were employed were forced to accept longer hours, lower wages, and district wage agreements† (Goodhart 1927, p.471). Consequently, people who participated in the strike emerged as having not achieved anything. The paper here does not advocate for enforcement of such decisions that impairs the economic wel lness of the workers in an organization but rather attempts to argue that the employer dominance in reinforcing certain rule and regulation are not a new thing. In other parts of the world, the aftermaths of the 1926 general strike approaches have perhaps significantly affected industrial management. For instance, Taylor incredibly believed that organizations existed for the sake of the employees. Arguably, such a way of reasoning means that, the workers have to be flexible enough to adjust to policies made to ensure the continued presence of an organization even if it meant complying with the policies that affected their economic status. The modern function of human resource in an organization follows the guidance of the experiences encountered in the UK 1926 general strike. Britain today accords value-free expression of work related grievances. Again, in Britain, the human resource serves to ensure that the workers discontentment secures an ardent attention to ensure more motivati on, which results to the maximum productivity of the workers. The 1926 general strike event perhaps has vastly reshaped the Britain’s society especially in their approaches of handling workers to recognize that by mere forcing workers work does not mean increased organizational output. This has the repercussion of the emergence of current globally existing calls for incorporation of a separate department within an organization to handle the workers affairs.Advertising Looking for essay on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More The extent to which the aftermaths of the 1926 general strike affected international community is conspicuous. Rothberg (2011) claims, â€Å"the sheer fact that the idea of a general strike is being discussed shows how far our political discourse has come†¦Ã¢â‚¬ (Para.1). Attempts to protect the organizations workers’ rights in Britain and the international floor perhaps reminiscences the 1926 general strike. New strategies designed to improve working conditions emanates from recognition of some existence of some non-conducive and oppressive working conditions. Moreover, bargaining for better policies in work places is a credit of the existence of poor policies that are oppressive in nature. The UK general strike was largely instigated by such struggles. Consequently, any existence of such non-conducive working conditions and poor work policies bring the UK general strike into picture. Colonialism Britain was among the nations that established empires in their colonies that perhaps lasted for longer periods than other European countries. Broadly speaking, the colonialism of Britain comprised of two types: settler colonialism, indirect colonialism, hybrid colonialism and direct colonialism (Leys 1996, p.11). Britain encompassed one of the nations that had gone through the process of industrialization, which had begun in the same nation before spreading to other regions of the world including America. Demands to increase outputs of cottage industries required more inputs in term of law materials and hence Britain to seek additional Raw materials by establishing colonies. Arguably, colonialism had the capacity to create more employment opportunities to the British people since increased outputs of the industries directly implied the requirement of more labour (Rodney 1982, p.34). If one approaches colonization from the settler colonialism point of view, he/she may argue that it fostered the Britain’s international presence. Hau, Mahoney, and Lange (2006) argue that the most widespread form of British colonialism was â€Å"settler colonialism, where permanent residents transplanted broad ranges of institutions arrangements† (p.1427). Settlers dispersed within the colonies, where they engaged themselves in economic activities aimed at producing raw material for their home based industries. For instance, in East Africa, they engaged in vast growing of coffee, tea and cotton among other products that acted as raw materials (Fage 2002, p.31). In the vast colonies, the British people interacted with local communities who ought to provide the hefty cheap labour for the settler’s farms. Communication was a substantial drawback and hence the British administrators had to learn local languages to breach the gap. In this context, British society experienced a fair deal of influence since colonization had an effect of initiation and subsequent campaigns for concepts of multiculturalism in the modern world. Multicultur alism concerns not only bother the global focused British society of today but also the entire elite global population. Whether, direct, indirect, settler, or hybrid colonialism, Britain had one objective: increase the economic wellbeing of its citizens in the colonies and back at home. For instance, Sir Fredrick Lugard, the then high priest and imperialism representative for Britain in the west and east Africa lamented that â€Å" European brains, capital and energy have not been, and will never be, expended in developing the resources of Africa from motives of pure philanthropy† (Chiriyankandath, 2007, p.7). Ideally, this means that Britain was not in the colonies to implicitly spread their technologies and industrial knowhow to better the lives of the native owners of the lands they colonized. Through this comment, Lugard laid out, with no doubt, the intentions and the purposes of British society interests in the West and East Africa. According Maxon and Ndege, the British society was largely impacted by colonialism since â€Å"metropolitan and local investors leaped economic benefits from the colonies† (1995, p.67). All the various policies engineered and implemented at various periods of the colonization era had the British society benefits at their heart. They focused on the construction of transport and communication networks, reorientation of colony wealth and factors of production including land to favour the economic development of the British natives in the colonies (Ferguson 2002, p.112). The proceeds of the implementation of these policies all helped improve the living standards of the British society. Additionally, there was the implementation of policies, inclined towards the British society, in many parts of the world where British had established colonies. Such nations included Australia, South Africa, Kenya, Uganda, Tanzania, New Zealand, Ghana Pakistan, Lesotho, Hong Kong and many more other states that Britain had established colonies. Given the wide spread of Britain colonies, while not negating the fact that even America was colonized by Britain, its influence on the colonies’ systems of administration after colonization was over cannot be over looked. Behind the roots of every system of administration of a nation that was under the British colony is Britain’s name ingrained in it. Acemoglu et al. (2001) posits, â€Å"As a generalization, the territories with relatively high levels of development before colonialism declined during and after the colonial period whereas those with lower levels of pre-colonial development improved their relative position (p.1372). In this context, Britain laid the foundation for the onset of the development in the underdeveloped nation which were to be continued upon independence. More importantly, most of the colonies especially the African colonies had no formal system of administration of public resources. The legal systems based themselves on forces and laws of ethics and morality, which had segregated influence within the countries. Britain came through colonization to impose legal frame works of administration of the public resources. Upon independence, all the laws that served to govern the territories under the administration of Britain continued to act as the rules governing the colonies, even after the colonies acquired independence. Although several amendments are currently in place, the constitution or rather the entire constitution that governed the colonies altered the elements of British laws are still evident in those constitutions. Consequently, British society and entire UK presence in the international area is felt from social contexts, economic models to legal frame works in nations that were formerly British colonies. Many political scholars contend that colonization amounts to one of the most vital historic events of Britain that escalated its presence in the international arena. For instance, a conference that t ook place in 1961 in Cairo, defined neo-colonialism as â€Å"the survival of the colonial system in spite of the formal recognition of political independence in emerging countries, which become the victims of an indirect and subtle form of domination by political, economic, social, military or technical means† (Kohli 2004, p.115). In this context, declaration of independence is an illusion to the colonies that mark the dawn of freedom. Colonies assumed political independence. Political independence implies that the British colonies received the freedom to make their own policies. However, Britain still has a tremendous say in the colonies when it comes to economic policies through regulation and setting of certain economic policies. For instance, it sets some preconditions that the common wealth member states must satisfy before getting grants or financial aid. The fact that, through colonization, Britain was able to ship raw materials and improve the economic well being of i ts society by increasing it productivity, makes it have the dominance in the colonies since its colonies especially the African colonies have not yet acquired full economic independence. The integration of the colonies in the capitalistic international economy narrows down to colonization. As La Porta et al posits, â€Å"The main force keeping economies in the global system and sustaining imperialism is the market itself. It proves a very seductive place for people with the means of paying the market, offering everything and anything† (1998, p.25). Consequently, the elites from Africa and other undeveloped parts of the world obtained the opportunity to consume products that had gone through the process of value addition in the British industries without the Africans having to put up the factories themselves. As previously argued, the increased raw material from the colonies prompted more construction of industries in Britain. Bearing in mind that shopping in the global market is far cheaper than putting up industries to produce the same or similar commodities, most people elsewhere in the globe prefer to shop in this global market. This has the capacity to accelerate revenues to the British based industries. In fact, this revenue goes into improvement of the public utilities in Britain and hence the British society. Colonization perhaps also helped to shape the minds of the people whose nations were under the colony of Britain. Lange is to the opinion that â€Å"The most subversive act of colonialism was to introduce into the minds of Africans and peoples of other pre-capitalist societies the idea that material progress and prosperity were possible for the masses of people† (2003, p.302). The onset of colonization came to change the ideologies that the natives of the colonies held. For instance, the general perception amongst the native people was that the predominant fixing of conditions in material terms. Ample harvest gave an indication that m ore was available to eat. However, the natives could not look at increased harvest as an opportunity to better their living conditions. Colonization altered this mind set. Furthermore as Fage reckons that â€Å"With colonialism came the idea of progress – that humanity is capable of improving its condition of existence – today can be better than yesterday and tomorrow better than today† (2002, p.196). As a result, any advancement of the society belonging to the colonies that were under British administration is attributable to the developments that were evident in the British society. From this context, arguably, colonization immensely fostered British society and the entire UK fraternity for that matter, increased presence in the international arena. Conclusion The UK has many historical events that have affected the British society in different ways. Some of these events have over the years served to foster Britain’s international presence. Among the ma ny events, the paper has discussed the colonialism and the 1926 general strike as two outstanding events that have had enormous influence to the British society both at local and international arena. Colonization is particularly significant since it increased the availability of Raw materials in the Britain located industries. Critics argue that colonization had no positive impacts in the colonies, apart from the mass draining of the colonies’ resources. However, the paper views colonization as a historic event that had multi-fold benefits to both the native British society and the colonies’ natives. These benefits encompass aspects such as reconstitution and modelling of the economic systems of the colonies to assume capitalistic economic models of Britain among others. Making the colonies adopt Capitalistic model is particularly one of the products of colonization. Capitalism and imperialism is vital for a nation to participate in the international free markets contr olled by forces of demand and supply. By treating Britain as well established industrially, and one that was seeking for more Raw materials in the colonies, colonization helped to improve the economic status of the Britons by the virtue of creating more employment through the provision of additional factors of production. The 1926 general strike stands out as a chief event that shaped and prompted incorporation of what we now term as human resource concepts into organizations. People have further argued the evolution of this concept as being widely instigated by discontentment, historically traced from coalmines workers in Britain. In this context, human resource: being now part and parcel of almost every industry across the globe endeavours to solve some of the concerns that transpired the 1926 general strike in the UK. To this regard, the author feels that industrial revolution and the 1926 general strike constitutes two key events in British history that dramatically affected the UK society locally also fostered its international presence. References Acemoglu, D., Simon, J., James, R., 2001. The Colonial Origins of Comparative Development: An Empirical Investigation. American Economic Review, 91(23), pp. 1369–1401. Chiriyankandath, J., 2007. Colonialism and Post-Colonial Development. Web. David, S., 1988. Two Georges: The Making of the Modern Monarchy. London: Hodder and Stoughton. Fage, J., 2002. A History of Africa. New York: Routledge. Ferguson, N., 2002. Empire: The Rise and Demise of the British World Order and the Lessons for Global Power. New York: Basic Books. Goodhart, L., 1927. The Legality of the General Strike in England. The Yale Law Journal, 36(4), pp. 464-485. Hau, M., Mahoney, J., Lange, M., 2006. Colonialism and Development: A Comparative Analysis of Spanish and Brutish Colonies. 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London: Routledge. Renshaw, P., 1975. The General Strike. London: Eyre Meuthen. Robertson, H., 1926. A Narrative of the General Strike of 1926 . The Economic Journal, 36(143), pp. 376-497. Rodney, W., 1982. How Europe Underdeveloped Africa. Washington, D.C.: Howard University Press. Rothberg, P., 2011. Do we need a general strike? Web. Symons, J., 1957. The General Strike. London: Cresset Press. This essay on Two Major Events in British History that Have Dramatically Affected the UK was written and submitted by user M1ley to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.