The History of the Man-Made Invention of Money

The basic definition of money is anything that is commonly accepted by a group of people in exchange for goods, services, or resources. Every country has its own exchange system of coins and paper money. Bartering and Commodity Money In the beginning, people bartered. Bartering is the exchange of goods or services for other goods or services. For example, someone might swap a bag of rice for a bag of beans and call it an even exchange; or someone might trade the repair of a wagon wheel in exchange for a blanket and some coffee. One major problem with the barter system was that there was no standardized rate of exchange. What would happen if the parties involved couldnt agree that the goods or services being swapped were of equal value, or if the person in need of goods or services had nothing the person who had them wanted?  No deal! To solve this problem, humans developed what is called commodity money. A commodity is a basic item thats used by almost everyone in a given society. In the past, things such as salt, tea, tobacco, cattle, and seeds were considered commodities and therefore, were once used as money. However, using commodities as money created difficulties. For instance, lugging heavy bags of salt or dragging recalcitrant oxen around could prove practical or logistical nightmares. Using commodities for trade led to other problems as well, as many were difficult to store and could also be highly perishable. When the commodity traded involved a service, disputes also arose if that service failed to live up to expectations (realistic or not). Coins and Paper Money Metals objects were introduced as money around 5000 B.C. By 700 BC, the Lydians became the first in the Western world to make coins. Metal was used because it was readily available, easy to work with, and could be recycled. Soon, countries began minting their own series of coins with specific values. Since coins were given a designated value, it became easier to compare the cost of items people wanted. Some of the earliest known paper money dates back to China, where the issuing  of paper money became common from about 960 AD. Representative Money With the introduction of paper currency and non-precious coinage, commodity money evolved into representative money. This meant that what the money itself was made of no longer had to be of great value. Representative money was backed by a government or banks promise to exchange it for a certain amount of silver or gold. For example, the old British Pound bill or Pound Sterling was once guaranteed to be redeemable for a pound of sterling silver. For most of the 19th and the early part of the 20th century, the majority of currencies were based on representative money that relied on the gold standard. Fiat Money Representative money has now been replaced by fiat money. Fiat is the Latin word for let it be done. Money is now given its value by government fiat or decree, ushering in the era of enforceable legal tender, which means that by law, the refusal of legal tender money in favor of some other form of payment is illegal. Origin of the Dollar Sign ($) The origin of the $ money sign is not certain. Many historians trace the $ money sign to either the Mexican or Spanish Ps for pesos, or piastres, or pieces of eight. The study of old manuscripts shows that the S gradually came to be written over the P and looking very much like the $ mark. U.S. Money Trivia Likely the earliest form of currency in America was wampum. Fashioned from beads made of shells and strung in intricate patterns, more than simply money, wampum beads were also used to keep records of significant events in the lives of Native American tribal people. On March 10, 1862, the first United States paper money was issued. The denominations at the time were $5, $10, and $20 and became legal tender on March 17, 1862. The inclusion of the motto In God We Trust on all currency was required by law in 1955. It first appeared on paper money in 1957 on One-Dollar Silver Certificates and on all Federal Reserve Notes beginning with Series 1963. Electronic Banking ERMA began as a project for the Bank of America in an effort to computerize the banking industry. MICR (magnetic ink character recognition) was part of ERMA. MICR allowed computers to read special numbers at the bottom of checks that allowed computerized tracking and accounting of check transactions. Bitcoin   Released as open-source software in 2009, Bitcoin is a cryptocurrency that was invented by an anonymous person (or group of people) who used the name Satoshi Nakamoto. Bitcoins are digital assets that serve as the reward for a process known as mining and can be exchanged for other currencies, products, and services. They employ robust cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Records of these transactions are known as blockchains. Each block in the chain contains a cryptographic hash of the previous block, a timestamp, and transaction data. Blockchains, by design, are resistant to data modification. As of August 19, 2018, there were more than 1,600 unique cryptocurrencies available online, and the number continues to grow.

The Federal District s Public Security - 3523 Words

At the end of 2000, Andrà ©s Manuel Là ³pez Obrador was elected as mayor of Mexico City. During this period, a massive crime rate was wide spreading in the city. The national capital’s general crime rate from 1995 to1998 had almost tripled. Là ³pez Obrador was aware that getting back the streets from lawbreakers would need a new methodology; therefore, he brought in Marcelo Ebrard Casaubà ³n, a proficient political leader, to lead the Federal District’s Public Security. Jointly they established new techniques that could record, map, and examine crime and bring about better preventive policing plans and more-effective allocation of police resources. Additionally, Ebrard appointed a panel to build a neighborhood police program, which will†¦show more content†¦The trend deteriorated from 1995 to 1998, in which the overall crime rate almost tripled. Later in the decades, the citizens were experiencing highest insecurity levels in the country. In December 2000, the Mexico’s residents voted for Andrà ©s Manuel Là ³pez Obrador as the new mayor. He managed to take control of the Mexican Police and embarking upon crime urgencies for his administration. Là ³pez Obrador publicly admitted that the city’s declining public security would lower the government’s control of Mexico City itself and that managing the situation was vital to the future of his minority party. According to Colegio and Arturo, â€Å"Là ³pez Obrador caught on to the idea that in order to have greater political control of the city as well as to have a political future, he needed to really engage on security issues† (Wayne 87). However, the initial advancement on security reforms deteriorated; when Leonel Godoy Rangel, a Public Security Secretariat head, stepped down to join the Michoacà ¡n’s state government. In 2002, Là ³pez Obrador set his reform plan back on track when he selected Marcelo Ebrard Casaubà ³n, an esteemed former poli tical opponent, to be in charge of the district’s public security secretariat. According to Ebrard, â€Å"Là ³pez Obrador needed someone with political leadership and skills,† (Rogers 2013). After Ebrard appointment as public security secretary. Dealing with the rising crime

Evolution Of Diabetes Treatment Health And Social Care Essay Free Essays

Diabetess mellitus is a group of metabolic diseases characterized by hyperglycaemia ensuing from defects in insulin secernment, insulin action, or both. The chronic hyperglycaemia of diabetes is associated with long-run harm, disfunction, and failure of assorted variety meats, particularly the eyes, kidneys, nervousnesss, bosom, and blood vessels.1 Figure 1: Prevalence estimations of diabetes ( 20-79 old ages ) in South – East Asiatic part Globally diabetes mellitus is one of the most common non-communicable diseases. We will write a custom essay sample on Evolution Of Diabetes Treatment Health And Social Care Essay or any similar topic only for you Order Now It is quickly going the epidemic of the twenty-first century. Diabetes, one time considered a disease of the West has now become a planetary wellness precedence. Harmonizing to the International Diabetes Federation, the planetary load of diabetes in the age group 20-79 old ages will increase from 285 million in 2010 to 439 million in 2030. Around 80 % of the disease load is in low and in-between income countries.2 American indians have a younger age of oncoming of diabetes as compared to other cultural groups.3 A temporal displacement to a immature group in the age of diagnosing has been reported by the CURES ( Chennai Urban Rural Epidemiology Study ) study.4 Harmonizing to IDF, the 40-59 group has the greatest figure of people with diabetes. By 2030, it is projected that there will be 188 million people with diabetes as compared to 132 million in 2010. History of diabetes can be traced back to 2000 old ages. A Grecian doctor Aretaeus foremost described diabetes as â€Å" the thaw of flesh and castanetss into urine † . In the sixteenth century, Swiss doctor Phillipus Aureolus Paracelsus identified diabetes as a serious general upset. The Indian Sushruta identified diabetes with fleshiness and sedentary life style reding exercisings to â€Å" assist bring around it † . Treatment of diabetes saw enlightment in the twentieth century. In 1921, Sir Fredrick Grant Banting and Charles Herbert Best discovered that infusion from cattle foetal pancreas lowers blood glucose degrees of depancreatized Canis familiariss. The find of insulin was in fact a collaborative research of Fredrick Benting, Charles Best, J.J.R MacLeod and J.B McLeod. 5 In 1930, unwritten medicines Sulphonylureas were developed for the people with type 2 diabetes. Metformin was approved in 1995 by FDA for usage in type 2 diabetes. Precose, an alpha-glucosidase inhibitor was approved for usage in patients with type 2 diabetes. As of this twelvemonth, 11 categories of drugs are available for clinical usage in diabetes. INTENSIVE Vs STANDARD GLYCEMIC CONTROL DCCT and UKPDS Diabetess is associated with a decreased lifetime, mostly as a effect of its association with hyperglycaemia specific microvascular complications and a two- to four crease hazard of cardiovascular disease ( CVD ) .6 Although important morbidity and premature mortality are due to microvascular complications, the greatest cause of decease in people with diabetes is CVD.6 The association between elevated blood glucose and complications ( both micro and macrovascular ) has been postulated since the early portion of the century.7Several surveies have conducted to measure the benefits of intensive glycemic control in cut downing complications of diabetes. Though a nexus is established between hyperglycaemia and cardiovascular hazard, there is less grounds back uping the decrease in hazard with glucose lowering. Randomized controlled tests ( DCCT and UKPDS ) have once and for all demonstrated the decrease of hazard of microvascular complications by intensive glycemic control in patients with both type 1 and type 2 diabetes.6 Although DCCT was conducted on patients with type 1 diabetes, the survey demonstrated that hyperglycaemia is associated with presence or patterned advance of complications. Consequences demonstrated that every bit compared to the standard glycemic control group ( Mean HbA1c achieved – 9 % ) there was about 60 % decrease in the development or patterned advance of microvascular complications in the intensive glycemic control group ( Mean HbA1c achieved – 9 % ) over an norm of 6.5 years.6 In the UKPDS survey, participants with freshly diagnosed type 2 diabetes were followed for 10 old ages. The consequences demonstrated that every bit compared to the standard glycemic control group ( Mean HbA1c achieved – 7.9 % ) there was an overall decrease of 25 % in the intensive glycemic control group ( Mean HbA1c achieved – 7.0 % ) .6,7 For every per centum lessening in HbA1c, there was 35 % decrease in the hazard of complications. 7 On the footing of the informations from these big controlled tests and assorted epidemiologic studies the ADA recommends an HbA1c end of lt ; 7 % for most of the grownups with diabetes. Whereas these surveies established a relationship between hyperglycaemia and CVD, the potency of intensive glycemic control was yet to be indentified. Merely a subgroup of patients treated with Glucophage had a lower hazard of cardiovascular events in the ( UKPDS ) , therefore informations did non once and for all exhibit a decrease in cardiovascular events with intensive therapy.7Patients with type 1 diabetes in the DCCT survey demonstrated that glucose lowering was associated with a long-run benefit with respect to cardiovascular complications that became evident merely old ages after recruitment.7 Tests were so conducted to find the consequence of the lowering of glucose to near-normal or below degrees on cardiovascular hazard. ADVANCE ( Action in Diabetes and Vascular Disease ) The primary result of ADVANCE was a combination of microvascular events ( nephropathy and retinopathy ) and major inauspicious cardiovascular events ( MI, shot, and cardiovascular decease ) .A important decrease in the microvascular result with no important decrease in the macrovascular result was seen with intensive glycemic control. But with intensive glycemic control there was no difference in overall or cardiovascular mortality as compared with the standard glycemic control arms.6However significantly more episodes of terrible hypoglycaemia were found in the intensive-control group.8 ACCORD ( Action to Control Cardiovascular Risk in Diabetes ) Increased human death rate in the intensive glycemic control group resulted in the survey being halted in February 2008. A 35 % higher rate of decease due to CV causes was seen in the intensive glycemic control group. More episodes of serious hypoglycaemia were found among patients following intensive glycemic control group than among those following the standard glycemic control group.6 Deaths due to CV disease in this test may hold been related to severe hypoglycemia.9 VADT ( Veterans Affairs Diabetes Trial ) In VADT, the primary result was a complex of CVD events ( MI, shot, cardiovascular decease, revascularization, hospitalization for bosom failure, and amputation for ischaemia ) . More deceases due to CV causes were seen in the intensive glycemic control group as compared to the standard glycemic control group. More episodes of hypoglycaemia were found in the intensive glycemic control group than in the standard glycemic control group.8, 9 OUTCOME – ADVANCE, ACCORD, VADT ADVANCE, ACCORD, VADT tests were big, well-conducted randomized tests with meaningful clinical results to assist reply major inquiries. As compared to DCCT and the UKPDS they were of shorter continuance and enrolled older patients with either known CVD or multiple hazard factors, proposing the presence of established coronary artery disease and higher hazard of CV events.6The recent study of 10 old ages of followup of the UKPDS cohort by Rury R. Holman et.al. supports the hypothesis that glycemic control early in the class of type 2 diabetes may hold CVD benefit.6Counter-balancing effects for CVD such as hypoglycaemia, weight addition, or other metabolic alterations may besides propose the inability of ACCORD, ADVANCE, and VADT to show important decrease of CVD with intensive glycemic control.6 The intervention schemes in these surveies might hold had effects other than the intended effects on CV hazard factors.9 MULTIPLE RISK FACTOR INTERVENTION In the last 10 old ages, many modifiable hazard factors for vascular complications have been identified by a figure of prospective surveies. These hazard factors include hyperglycemia, high blood pressure, dyslipidaemia and smoke. STENO – 2 Steno – 2 test evaluated whether the attack of intensified multifactorial intercession with tight glucose ordinance, usage of renin-angiotensin system blockers, acetylsalicylic acid, and lipid-lowering agents to cut down the hazard of nonfatal cardiovascular disease among patients with type 2 diabetes mellitus and microalbuminuria.10Participants were assigned indiscriminately to have either a conventional ( behavioral ) or an intensive, multifactorial, goal-targeted therapy for a period of 7.8 years.11The consequences demonstrated an absolute hazard decrease of 20 % for decease from any cause in the intensive therapy group as compared with conventional therapy group. Results demonstrated a 50 % decrease in the hazard of microvascular events and a 13 % decrease in the absolute hazard of decease from cardiovascular causes in the intensive therapy group.10, 11 Deduction TO CLINICIANS 6, 8, 9 HbA1c mark of lt ; 7 % should be the end for non-pregnant grownups. Lowering HbA1c to below or around 7 % has shown to cut down microvascular and neuropathic complications. Individualization of marks for patients with extra cardiovascular hazard factors. HbA1c marks a†°Ã‚ ¤ 7 % in the old ages shortly after the diagnosing of diabetes without established atherosclerotic diseases is associated with long-run decrease in hazard of macrovascular disease Lesser stringent HbA1c mark may be appropriate for patients with history of terrible hypoglycaemia, limited life anticipation, advanced micro and macrovascular complications, extended comorbid conditions or those with longstanding diabetes. Cardiovascular hazard decrease should be encouraged through smoking surcease, dietetic, reding for physical activity and behavioral alterations. Evidence-based recommendation should be followed for blood force per unit area control, dyslipidemia and acetylsalicylic acid prophylaxis An intensive, targeted and multifactorial attention attack is indispensable in people with diabetes at high hazard A § FOREMOST Updates Look AHEAD ( Action For Health in Diabetes ) is a multicenter randomized clinical test being presently conducted to analyze the effects of a lifestyle intercession over long term through decreased thermal consumption and exercising. The primary purpose is to analyze the effects on major cardiovascular events i.e. bosom onslaught, shot and cardiovascular-related decease. It besides aims to look into the impact of the intercessions on other cardiovascular disease-related results, cardiovascular hazard factors, and all-cause mortality. The consequences published at 1 twelvemonth resulted in clinically important weight loss in people with type 2 diabetes in the lifestyle intercession group.12 How to cite Evolution Of Diabetes Treatment Health And Social Care Essay, Essay examples

Qualities of a Good Parent free essay sample

Parenting is defined as one who begets, gives birth to, or nurtures and raises a child; a father or mother (The free dictionary, 2013). The definition does not mean that one will make a good parent. Becoming a parent can be one of the most exciting times in ones life, or it can be a horrific experience. For most, it is a good experience that brings them happiness, joy and excitement. Others fear the unknown, do not like kids, or have a negative impression of parenting. Truthfully, parenting is all in what you make of it. Good parenting is categorized by many different factors. Some of these factors that categorize a good parent are self-sacrificing, teachable, curious, and diligence (Mallory, 2013). Self-sacrificing means that a parent will do anything they humanly can to protect and take care of their child. Teachable means that you are willing to learn various aspects of parenting. Curious means that you are intrigued at finding things out about how to be or become a better parent. We will write a custom essay sample on Qualities of a Good Parent or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Diligence means that you work hard to be the best parent that you can. According to the article, What Qualities Make a Good Parent, becoming a good parent is a high calling that every parent should strive to achieve (2013). If one is not a good parent, they can always work at being a better parent. If they work at being a better parent, their child will notice those changes and in return not have a negative connotation of parenting. With the good, there always come the bad. There are certain qualities that make an ineffective parent. According to the article, Four Traits Common to Bad Parents, there are so many pitfalls in parenting, and no parent wants to raise a brat, a beast, a shooter, or a Clinton, but some of us do in spite of that (2001). The four traits addressed about bad parents are: poor excuses, no consequences for their actions, expect everything given to them, and defensive/critical (McKinney, 2001). These traits shed some light on the pitfalls of parenting, but one must rise above this and do better. The obvious answer to being a good parent is to be a loving, caring individual, and one who strives for excellence for their child. Good parents should have a plan to teach their self-control, personal integrity and a sense of responsibility to themselves, their families and their fellow citizens, even when it hurts both them (McKinney, 2001). By setting parameters and goals as a parent you are more likely to have a positive experience and feel as if you are a â€Å"good parent. Good parenting takes a lot of commitment, participation and sacrifice, it also takes a lot of mistakes. With these mistakes come learning, and in return the quality of your parenting will increase.