Allegory of the cave essay

My perception of reality may and, in all probability, does differ from reality since the reality is a highly subjective issue, if perceived at the individual level. As I perceive the surrounding world or reality, I am still vulnerable to biases that affect my perception of reality. In the course of my personal development I […]

Social Psychology essay

The history of social psychology can be described as the history of social science that reflects multiple efforts to explain social conditions, social actions and the relationships between society and its members (Fenestra, 2013). The history of social psychology helps to better understand the nature of social world. In fact, social psychology plays an important […]

Essay on Crowdsourcing

It is really difficult to imagine nowadays that there were times, when computers simply didn’t exist – they were not invented yet. Thus absolutely all operations were executed by people, with involvement of purely human resources, irrespective of the task. Then the times came, when the computers were created, the first ones got the name […]

Importance of Natural Resources essay

Natural resources were historically an important condition of the successful development of countries. The disparity in the access to natural resources predetermined, to a significant extent, the socioeconomic disparity in the development of Northern countries and Southern ones. In fact, the economic and technological development of countries and the difference in their development was driven […]

A Law Dictionary Containing Definitions of the Terms and Phrases essay

Marine insurance provides ship owners with a wide range of benefits. According to Xia Chen (2001), “the availability of marine insurance helps spread the risks of maritime misadventure faced by ship owners”(p. 17). The term “marine insurance” stands for the form of insurance that covers ship owners and ship personnel, in terms of covering not […]

Essay on Fundamentals of Corporate Finance

The development of the modern banking industry raises a number of challenges and issues concerning the stable performance of banks and their investment attractiveness. The economic recession and mortgage crisis of 2008 have raised apprehensions of investors and their uncertainty about many banks, which used to be quite reliable and stable, including behemoths of the […]

Banking Industry Structure essay

Two regulations that had a particularly strong impact on the banking industry in the United States were the Glass-Steagall Act (GSA) passed in 1933 that prohibited banking organizations to get involved into both investment banking and commercial banking industry, and the Gramm-Leach-Bliley Act (GLBA) passed in 1999 that repealed the prohibition of GSA to combine […]


Inflation and deflation, in fact, are two sides of the same coin: inflation shows how prices of goods and services have risen, and deflation how they fell. Both these conditions may adversely affect the return on investment, and therefore these are the economic factors that must be taken into account when planning and managing investments. […]