Wednesday, February 19, 2020

Slave trade and the black race Essay Example | Topics and Well Written Essays - 2000 words

Slave trade and the black race - Essay Example With the markets of slaves being on high demand in the African continent, the methods of capturing the same slaves intensified to an extent whereby the children were enticed with sweets so as they can add up to the list of slaves. The children were visualized as persons who would carry out simple chores, for instance, cleaning the houses of the masters. In line to this argument, it is evident that the extent to which the blacks were demoralized to the trade is simply unspeakable. This can simply be discussed as an inhuman activity, that could have kept the escalating trend were it not for the intervention of the humanitarians and economist who argued against the entire concept of the slave trade. Regarding a human being as an object, and enslaving the same to a later supply in the market signifies the extent to which the Blacks were visualized. On another angle, other analysts and researchers in Black history argue that slave trade is one of the appalling crimes that have taken place in the history of the Blacks. The extent to which the Blacks experienced horror and undermine from the whites is astonishing. Diouf questions the reasons behind the continuity of the vice for a very long time and on such great extent (xiv). Additionally, questions why the same did not happen in other parts of the world, especially the new world, and why the horror had to demoralize the lives of poor Africans have always lingered in the minds of historians.

Tuesday, February 4, 2020

Iran and Italy - macro economics assignment Essay

Iran and Italy - macro economics assignment - Essay Example ay before it was hit by recession Italy was already experiencing poor economic performance of an average real GDP growth of only 1% per annum (Morsy and Sgherri, 2010, p.3). This was the period between 2001 and 2007. This growth rate was almost half the euro area growth rate. After the onset of recession in 2008, Italy faced a 7% decline in the GDP. In the first quarter of 2010 the economy started to recover from the poor performance. The recovery was halted in 2011 when the country reentered recession for the second time. The GDP fell by 0.2 % by the second quarter of 201l. By the end of the last quarter the GDP had declined further by 7%. This condition persisted in the first quarter of 2012 and then there was a little improvement although the GDP still remained negative. After the long contraction of the economic performance the GDP started improving in 2014 but it was still negative. The GDP is expected to become positive in the current year. Although a positive GDP is being anticipated the level expected will still below the euro average GDP. Iran on the other hand started facing a contraction in its business cycle in 2011. At the beginning of 2011, the country was facing a constant GDP growth rate of around 6% to 8% per annum. This increasing GDP was halted in mid 2011 when the GDP faced a significant drop. The GDP growth rate fell below 5% and the downward trend continued until July 2012. At this time the GDP had fallen greatly and was on the negative side. The growth rate at mid- year 2012 was estimated to be -10%. This was the lowest level achieved during the period. After the 2012 drop in GDP it started increasing at a constant rate until early 2013 a downward movement. The drop was short term and by mid 2013 the GDP growth rate had started rising again. By mid-year 2014 the GDP growth rate was positive again at a level of around 5%. One of the main reasons for the downward economic growth in Italy was the high public debt. The shrinking GDP in the