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The Nyc Health Department Of Health And Mental Hygiene

The NYC Health Department of health and mental hygiene The NYC Health Department of health and mental hygiene, serves at New York City and covers all the five boroughs which are Manhattan, Staten Island, Brooklyn, Queens, Bronx. It is located at an urban center. This department functions about 8 million diverse populations with different cultural, ethnic and economic background. The major industries in NYC are Financial services, Health Care, Technical Services, Retail Trade and Food service, Manufacturing. The characteristics of this urban center is that it’s an international city with mixed groups of cross culture. This city has people from different backgrounds and is known as an immigrant land with broad-based. Also, New York City is known as the wealthiest city with growing job opportunities in all different fields. (New York City Population) In the NYC Health Department of health and mental hygiene, the role in running the local health department efficiently are the Commissioner, President and CEO, Professor, Dean, Director, Medical consultant, Administration, Physicians, Surgeons, Chair, researchers and member of Board of Health. These Position work together in many different conducts and they are an important positions of the NYC Health Department of health and mental hygiene. All these positions depend upon each other to run the health department and provide quality care to public’ s health. These group of people work together in many forms and one of them isShow MoreRelatedCommunity Health Assessment : Fresh Meadows1485 Words   |  6 Pages As a resident in Fresh Meadows for twenty years, conducting a community health assessment was an opportunity to learn more about the neighborhood. 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Networks Before The Cloud Of Cloud Computing - 839 Words

Networks before the Cloud Cloud computing is the practice of using remote storage for applications and data. The idea itself is not a new one; it has been in use for many years albeit under different names. In the earliest days of the computer age machines had to be physically large to contain the hardware required to do their jobs. It was impractical and prohibitively expensive to provide one of these mainframes for individual users; not to mention for what they were used for, unnecessary. Instead, one central computer was wired to several terminals that users could interface with. Typically, only large organizations such as, major corporations or government agencies could afford one of these machines or had need of one. This was the birth of cloud computing. Until the early 1980s this system was typical for any organization requiring large amounts of processing power. It was considered unnecessary and difficult to put the nuts and bolts of applications onto users’ desktop machines. Rather, by keepin g applications in a central location, they could be managed and updated more easily and large amounts of storage space and processing power were not needed on desktop machines. Indeed, before this time there were no desktop machines mass produced that could achieve this level of power. 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Occurred In The United States Of America †Myassignmenthelp.Com

Question: Discuss About The Occurred In The United States Of America? Answer: Introduction At the finish of the year 2007, a recession occurred in the United States of America (Cetorelli, Goldberg, 2012). The author (Hurd, Rohwedder, 2010) recognized that a healthy economy would experience a future season of slow growth, high growth or even no growth at all. In accordance to (Eisner, Pieper, 1984) economy is required to manifest both contraction and expansion to make the economy as healthy as possible. After the contracting period has dominated for a long period, for instance not less than six months in a row or two successive quarters of a year the economy is worth being considered as a recession. According to (NBER, 2010) National Bureau of Economic Research (2010) found recession and referred to it as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in the real gross domestic product (GDP), real income, employment, industrial production and wholesale-retail sales." The recession in the United States in the past has resulted in global financial crisis smashing consumers and business assurance in several countries like Japan, China, the European Union not excluding the Asian countries in accordance to (Baldwin, 2009). Due to these adverse effects, it has been branded a name which refers to it as the "Great Recession" that has been the reason behind the financial breakdown in the United States. Also, this breakdown spread-out very fast impacting almost every place in the world as (Bell, Blanchflower, 2011) states. This Great Recession had emerged to be the most dangerous economic slump since the world experienced the famous depression the world underwent after the World War II (Eichengreen, Orourke, 2009) As per economists, the incident of the great recession was brought about by the sudden bursting of house bubble in the United States of America. They claim that this house bubble bursting was instigated by speedy growth of indecorous control on subprime mortgages (Cetorelli, Goldberg, 2012). The great slump's occurrence has developed and shown the accuracy of Greenspan's forecast. Greenspan was the former chairman of Federal Reserve forecasting the United States has 1/3 chances or the possibility of attaining a recession at the completion of the year 2007(Koo, 2011). In an exercise to obtain proper insight of the great recession into details, grounds or roots and the repercussions of the downturn will be evaluated and analyzed under following topics or sub-headings. Roots of the Great Recession A lot of challenges had faced the United States at that moment of recession not excluding high record levels of the debts of the government, a plummeting dollar, forthcoming threats of a recession, banks which are at the edge of bankruptcy, a money market which is frozen and a stock market which is falling (Koo, 2011). In accordance to (Jenkins, Brandolini, Micklewright, Nolan,2012) factors like global imbalances, rates of interests, the perception of risks, and even regulation financial system highly impacted the global financial crisis. Housing crash United States Housing market is a key factor of consumers expenditure and the degree of economic growth (). Several determinants affect the house price making it increase much rapidly the incomes of the consumers, and therefore it became. Therefore, it became the global financial crisis that resulted in the extra valued assets (Koo, 2011). (Jenkins, Brandolini, Micklewright, Nolan,2012) Discussed that United States House Prices were raised very fast up to 2006 and after that undergone a decline of house prices. At a time, a house price decrements to rectify an imbalance, it contained a meaningful effect on the consumers who were using their expenditure where individuals are not able to remortgage to get an excess capital for use (Bell, Blanchflower, 2011). Sub-Prime Mortgage Burst No single regulation of subprime mortgages existed of which the mortgages industries could sell their mortgages having not considered if the consumers could be in a position to pay back according to (Taylor, Proao, de Carvalho, Barbosa, 2012). (Bell, Blanchflower, 2011) Approximated the worth of the United States subprime mortgages to be $1.3 trillion by March 2007, though there existed more than 7.5 million first-alien mortgages unsettled. The reason behind this was that the subprime mortgage was speared to almost 20% of overall mortgage originations throughout the pinnacle of the United States housing bubble . The great fraction of the subprime mortgages was brought about by enormous foreclosures, and therefore it highly impacted the impartial mortgage brokers and institutions which were not protected under the Community Reinvestment Act (Jenkins, Brandolini, Micklewright, Nolan,2012). Therefore, it was circuitously affected leading to a sluggish growth and went ahead to falling on consumer expenditure in addition to their investment (Bell, Blanchflower, 2011). Low rate of interest The United States monetary authorities had attuned the rates of interest at an unparalleled level which resulted in a debt-financed consumption prosperity, in turn, causing a boost in housing bubble this is in accordance to the economists (Jenkins, Brandolini, Micklewright, Nolan,2012). In the same manner, some of the economists contended that the rates of interest in the United States remained too low for a very long duration. It endured at 1 % in the year 2003 and 2004 which stimulated the great recession. Monetary policies of the United States of America has not succeeded in undertaking the extra valued asset bubble and concurrently took part in the fast growth of the sub-marine mortgages, (Taylor, Proao, de Carvalho, Barbosa, 2012) criticized. Credit crunch High sub-marine mortgage evasions in the United States had led to the credit crunch which meant an unexpected shortage of funds leading to decrements in the loans present as commented by (Eisner, Pieper, 1984). In accordance to (Taylor, Proao, de Carvalho, Barbosa, 2012)), several investments banks and even commercial banks were often faced with great losses because of most perilous mortgage loans. For this reason, most banks (commercial banks and investment banks) were very hesitant to give loans to anyone and even to any other bank having a shortage of fund in the money market (Eisner, Pieper, 1984). Deficiency of liquidity in the finance industry had led to the act of borrowing to be more hard and costly that had led to a reduced consumer expenditure and investment as per (Taylor, Proao, de Carvalho, Barbosa, 2012). Budget deficit and national debt The debt for the United States government stood at 65% of the Grand Domestic Product for the year 2007 and even became worse after that the when the liabilities for pension were encompassed in accordance to (Alesina, Tabellini, 1990). Considering that huge deficit, the United States Government remained with less opportunity for the expansionary fiscal policy bearing in mind that the population analysis conducted against the financial stability and the level of economic cycle degenerated the deficit (Henning, Kessler, 2012). (Taylor, Proao, de Carvalho, Barbosa, 2012) Commented that the United States deficit had resulted to complexities in gaining capital flow since the investors from Asia who knew of the deficit of the United States had speeded down the flow of capital to the united states and took part in dollar devaluation. Therefore, it showed that a basic imbalance between the domestic production and consumption which had turned to be a restraint for economic growth in future. Devaluation of the dollar. Basic economic theory states that a decrement in the exchange rates will ultimately assist to increase the level of exports and trigger the growth in the export sector according to (Eisner, Pieper, 1984). The decrementing dollar had resulted in cost-push fluctuation and reduction in the living standards implying an increase in the cost of consumer goods resulting to a minimal expenditure power of people (Alesina, Tabellini, 1990). (Jenkins, Brandolini, Micklewright, Nolan,2012) commented that a reduction in the value of the dollar was brought about the less competitiveness of the United States in comparison with its trading member states. Repercussions of the great recession The economies across the world experienced catastrophes upon the fall of the United States recession in the year 2007. Countries like Eastern and Central Europe, and the Commonwealth of Independent countries (generally middle -income countries) were intensively impacted meanwhile nations like Ethiopia and Uganda had a chance to grow immensely in spite of the downturn (Henning, Kessler, 2012). (Bell, Blanchflower, 2011) Stated that even though several low-income nations have escaped from the recession, the countries have gone through sluggish-growth in the economy because of the negative implications of poverty. (Alesina, Tabellini, 1990) argued commenting that the smaller and more open the economy, the stronger the hit from the great recession while the larger the upcoming economy of a country the more the chances of survival through the support gained from the government spending and domestic demand. (Jenkins, Brandolini, Micklewright, Nolan,2012) Recognized that India and China could recover faster than other countries from the great recession. Stated that the great recession had resulted in different impacts on various nations and states. After that, an analytical investigation concerning the consequences of the great recession in the United States and India are outlined below. The united states The United States labor market received effect caused by the great recession according to (Katz, 2010, April). (Hurd, Rohwedder, 2010) Records that even though the government had attuned the rate of inflation leading to the growth of the economy by 2009 Quarter 3 at 2.2%, 2009 Quarter 4 at 5.6% and 2010 Quarter 1 at 2.7%, the rate of joblessness had exceedingly remained high. The rate of unemployment had increased in June 2009 where it was 9.5% to 10.1% in October 2009. In June 2010, it reduced to 9.5%( Hurd, Rohwedder, 2010). The missing link between demand and supply of employees was displayed in the statistics like the rate of hiring, and the rate of layoff as the rate of unemployment can be shown by a Beveridge curve (Bell, Blanchflower, 2011). (Hurd, Rohwedder, 2010) commented that with the present mean number of a job opening in April and May, the jobless were expected to be 10.4million in place of 15 million as earlier anticipated. Arguments from several financial analysts stated that the unemployment benefit policies are to be accountable for the strangely high rates of unemployment (Katz, 2010, April). () Approximated that the comprehensive unemployment benefits may have augmented between 0.5% and 1.8% of the rate of unemployment. Author (Taylor, Proao, de Carvalho, Barbosa, 2012) commented that there exists a fervent possibility of high rates of unemployment to stay permanent because most individuals who have stayed out of work for a considerable period have turned to be less competitive and less productive in the job market. The high rates of unemployment are inclined to increment the stage of structural unemployment in a case of presence of weak policy. Therefore, inflation will eventually increase the upper rates of unemployment than ever. Conclusion Every single country in the age of globalization is impacted by rising and fall in the work economy where a country can never remain independent (Jenkins, Brandolini, Micklewright, Nolan,2012). The great recession has led to an enormous impact on the entire world for instance shortage of capital, the decline in demands, decrementing rate of growth of the economy in addition to high levels of unemployment (Taylor, Proao, de Carvalho, Barbosa, 2012). On the contrary, it can aid in the transformation of businesses viewpoint or the country for the future. Even though the great recession has slowed down or depreciated the process of growth, it has been a motivation to the generation of ideas and approaches triggering the growth of the economy and keeping the stability of the market to improve its competitiveness in the world. References Hurd, M. D., Rohwedder, S. (2010).Effects of the financial crisis and great recession on American households(No. w16407). National Bureau of Economic Research. Cetorelli, N., Goldberg, L. S. (2012). Liquidity management of US global banks: Internal capital markets in the great recession.Journal of International Economics,88(2), 299-311. Baldwin, R. E. (Ed.). (2009).The great trade collapse: Causes, consequences and prospects. Cepr. Eichengreen, B., Orourke, K. H. (2009). A tale of two depressions.VoxEU. org,1. Bell, D. N., Blanchflower, D. G. (2011). Young people and the Great Recession.Oxford Review of Economic Policy,27(2), 241-267. Koo, R. C. (2011).The Holy Grail of Macroeconomics: Lessons from Japan? s Great Recession. John Wiley Sons. Jenkins, S. P., Brandolini, A., Micklewright, J., Nolan, B. (Eds.). (2012).The great recession and the distribution of household income. OUP Oxford. Katz, L. (2010, April). Long-term unemployment in the Great Recession. InTestimony for the Joint Economic Committee, US Congress, April(Vol. 29). Alesina, A., Tabellini, G. (1990). A positive theory of fiscal deficits and government debt.The Review of Economic Studies,57(3), 403-414. Eisner, R., Pieper, P. J. (1984). A new view of the federal debt and budget deficits.The American Economic Review,74(1), 11-29. Taylor, L., Proao, C. R., de Carvalho, L., Barbosa, N. (2012). Fiscal deficits, economic growth and government debt in the USA.Cambridge Journal of Economics,36(1), 189-204. Henning, C. R., Kessler, M. (2012). Fiscal federalism: US history for architects of Europe's fiscal union.