Tuesday, November 5, 2019
Easy Tutorial for Making Fake Wounds and Cuts
Easy Tutorial for Making Fake Wounds and Cuts Combine chemical ingredients to make fake wounds suitable for Halloween or other special events. This is a great, easy activity for kids and adults alike, and it only takes a few minutes! Materials petroleum jellyred food coloringcocoa powderdisposable tissuebowltoothpicks How to Make Fake Wounds and Cuts Use a toothpick to mix 3-4 drops of red food coloring into a dollop of petroleum jelly (e.g., Vaseline).Stir in enough cocoa (a pinch or so) to darken the red color to a deeper, blood-like tint.Separate the tissue and tear out a small rectangle (3x2 inches) from a single layer of the paper.Place the tissue at the wound site and cover it with the petroleum jelly mixture.Mold the tissue into a wound shape with the edges raised higher than the center of the wound.Add some petroleum jelly mixture to the center of the wound.Sprinkle cocoa at the edges of the wound to darken it. Add cocoa to the wound center if a scabby (as opposed to fresh) appearance is desired.Red food coloring will stain, so avoid wound contact with clothing or furniture.
Saturday, November 2, 2019
Discuss the economic and political motives for European expansion into Essay
Discuss the economic and political motives for European expansion into Africa in the 19th Century - Essay Example However, in the 19th century, European expansion was much greater and had new motives: political, economic and social. This essay discusses the economic and political motives for European expansion into Africa in the 19th century. Common excuses for the19th century colonial expansion were the spread of civilization, education, and Christianity (Colonialism in Africa, slide 5). However, these were only pretexts. There were other economic and political reasons for this expansion, which were mostly concealed. Industrial Revolution is the classic reason given when the economic motive is explored. Industrial revolution created a sharp need for raw materials, new resources, new markets and new investment outlets for surplus capital (Colonialism in Africa, slide 6). There was interplay of various factors, such as unemployment resulting from the large scale industrialisation. Europe dealt with this problem by acquiring new colonies for the purpose of finding an alternative place for such surplus population. These settler colonies served different purposes from the non-settler colonies. The economic motives for colonial expansion are testified by the colonial economic policies that enabled exploitation of natural and human resources. Development of infrastructure for easy access to and transportation of resources and education for the development and eventual exploitation of human resources are examples (Nationalism and Decolonization, slide 3). While the economic imperatives derived from industrial revolution spurred the eventual colonization of Africa, the political impetus was equally powerful in the European expansion and it rose from inter-European competition for pre-eminence and power (Colonialism in Africa, slide 7). Colonies around the globe symbolised power and various European powers competed to acquire colonies, establish stakes and declare exclusive rights in particular territories and waterways across Africa. The scramble for Africa was so that
Thursday, October 31, 2019
An analysis of the security implication of immigration in the Essay
An analysis of the security implication of immigration in the Sultanate of Oman from 2009 till 2014 and its implication for future immigration policy - Essay Example Conversely, the immigrants have negatively affected Oman in a certain way, as unemployment has risen significantly in various sectors within the country. This is a result of lack of higher studies and presence of immigrant labours and others in the country. Furthermore, to tackle with the problems of high level of immigration in Oman, the government of the nation has emerged with the concept of ââ¬ËOmanizationââ¬â¢ Policy in the year 19881. The policy was aimed at significantly reducing the number of immigrants in the country by replacing them with the nationals and to provide them with the opportunity to sustain and develop within the country. Furthermore, because of increased number of immigrants and a constant rise in the expatriate population in Oman, the government of the country has taken considerable steps to reduce inflow of foreign expatriates in the country and encourage the people at large. Furthermore, with an aim to reduce the range of problems faced by the nationals, government of Oman has taken action-oriented steps towards reformation of the existing laws, apart from engaging in bilateral trade agreements with the nations sending immigrants in Oman. Additionally, Oman government has also taken considerable strides towards protection of the migrants, dwelling from Oman2. With the information gathered from nationalists regarding the rising concerns about the illegal immigration in Oman, the government of the country has employed the use of restrictive policies towards the unlawful immigrations. The government of Oman introduced a temporary ban on the immigrants coming from the labour sending nations such as India and Bangladesh to deal with the issue. Furthermore, the government of Oman postponed the issuance of visa to the immigrants from the year 2012, when the country stopped issuing visa to Bangladeshi immigrants. Apart from these aspects the government of Oman and other Gulf nations, have invested high amount
Tuesday, October 29, 2019
Report on Ethical Decision-Making Essay Example | Topics and Well Written Essays - 500 words
Report on Ethical Decision-Making - Essay Example Critics point to ââ¬Å"Big Pharmaâ⬠manipulating research in order to increase their profit margins. These are all very important and major contemporary issues that must be addressed when we look at a topic as broad and profound as pharmaceuticals and pharmacology. Questions I asked myself included: Do pharmaceutical companies have duties and obligations to society? Is pharmacological care a right rather than a service to be sold on the market place? These are obviously very emotionally engaging questions because they involve life and death. It was very hard for me to come to a conclusion about them. The best illustration of this ethical dilemma.is the question of HIV/AIDS in Africa. Do American drug companies have the responsibility to provide very cheap drugs to people in Africa who are infected. If the drugs were given to someone for free they might live longerââ¬âbut since they donââ¬â¢t have money they certainly will die. I wrestled with this one long and hard. This aspect of the debate really illustrates the idea of a social obligation to people above and beyond the notion of a profit margin. Critics of course will say that if drugs were given away for free there would be no money for research and so more people would die because there would be no drugs for their disease. This too would be a serious problem. In the end I decided that it was right for pharmaceutical companies to advertise and sell their products for a profit. It took a lot of time and consideration for me to reach this conclusion. As of 2008, the United States is the world leader in medical research, especially in pharmaceutical development. American companies create most of the worldââ¬â¢s most innovative drugs and the FDA stamp of approval is sought by drug makers worldwide because this organization is so respected. This is an interesting point and one that may contradict in some sense the idea of Big Pharma having a social contract. The only developed
Sunday, October 27, 2019
Causes of Different Types of Crimes
Causes of Different Types of Crimes Deviant behaviors are those behaviors that society does not like because the society does not see the behavior as a normal behavior for that society. Like gay marriages or cross dressers. Deviant behavior that is criminal is when the behavior becomes harmful to those in the society. Like murdering a person. A behavior that is criminal but not deviant would be driving under the influence or being intoxicated in public. A behavior that is deviant but not criminal would be a teenager with piercings and tattoos all over their body. A behavior that is both deviant and criminal would be spousal abuse. Society determines which behaviors are deviant and which are criminal. Governments or even individuals can convince local authorities that a deviant act is criminal or vice versa. Criminal laws vary because the laws are imposed by the local authorities so the laws will be different from city to city, state to state, or even town to town. Criminologists utilize three primary sources of data that provide information on the nature and extent of crime. Identify and explain each of these three different sources of crime data. Also, assess the strengths and weaknesses of each source. Finally, provide an example of a research question that a criminologist may be interested in examining and then explain which source of crime data the researcher would need to utilize to answer his/her question. The three primary sources of data that can provide information on the nature and extent of crime are (1) crimes that get reported to the authorities, this includes the uniform crime reports and the national incident based reporting system (2) victimization surveys which includes the national crime victimization survey and (3) the self-report surveys that include the monitoring the future studies. The uniform crime reports are recorded by the FBI and include all the crimes that have been reported to the authorities and how many arrests are made. The report that the FBI makes is sectioned out by city and county by the most serious crimes that occurred. These are called part I crimes and part II crimes Part I crimes include things like rape, robbery and burglary whereas part II crimes include sex crimes and other types of crimes not defined in the part I crimes. A strength for the UCR is the way that the data is collected makes the UCR a good indicator of patterns in crime. A weakness for the UCR is that many crimes are not reported to authorities and therefore do not get counted. The national incident based reporting system goes a step further than the UCR does in that it requires local authorities to provide a report of the arrest that includes details of the incident and also information on the victim and the criminal. These reports are sent to the FBI for only certain offenses that include not only the offenses that the URC covers but also includes white collar crimes and drug offenses. A strength of the national incident based reporting system is that it includes more details on the crimes than the UCR does which will hopefully improve how accurate the crime data is. A weakness of the NIBRS is that it only reports crime that have been reported to authorities it does not include crimes that have taken place but not reported by the victim. The national crime victimization survey is a survey that the census bureau does for the bureau of justice statistics on a yearly basis. The survey collects information from individuals about crimes even if they were not reported to the police. The survey collects information on the victim, offender and the crime that took place. People that are raped are more likely to report on the survey the crime instead of reporting it to the police because of fear, shame or embarrassment. A strength of the NCVS is that it includes crimes that are not reported to police by using a survey once a year. This allows the NCVS to give a more current picture of the annual crime that is taking place. A weakness for the NCVS is that it relies too much on the person taking the survey and hopes that the person remembers the crime correctly. If they dont remember it correctly then the crime gets reported incorrectly. Monitoring the future studies is a type of self-report survey that allows information on crimes to be collected without the person being identified as the offender. It is used to find out criminal histories and also find out about the participants background to see if links can be made between childhood crimes and drug use or between bad grades and crime. A strength of the self-report survey is that the person remains anonymous so the person is more likely to report drug abuse crimes and other crimes that have not been reported to the authorities. A weakness of the self-report survey is that people with criminal records are not willing to admit to their criminal activity because they do not want to go back to jail. A criminologist may be interested in looking at how to reduce juvenile probation rates. The criminologist could use the data from a self-report survey like the monitoring the future survey to look at crimes that have been committed by the youth and how those can relate to the attitudes of the survey takers to see if there is a link between youth crimes and probation rates and how to reduce those crimes. Rape is one of the most misunderstood and feared crimes. Identify and discuss the causal factors that explain why men commit rape. There are five factors that can explain why men commit rape. (1)Evolutionary, Biological factors, (2) Socialization factors (3) Mental factors (4) Learned behavior and (5) sexual attraction to their victims. Each of these have explanations as to why men commit rape as we will see. The evolutionary, biological factors go back to the days of the cave man. In this factor it is believed the reason a man rapes a women is because it is instinctual or inbreed within him from prehistoric times. Back then if a species was to survive it had to produce offspring and rape of a woman was a way to help ensure the male that his genes were spread and that he had a lot of offspring to keep the species alive. Sort of like the survival of the fittest only with a sexual twist. Males that were more aggressive towards women had a better chance of having offspring. The socialization factors leads to men that are taught by society that in some cases being aggressive and raping a woman is ok especially if they get turned down by a woman. Men who have grown up believing that no means yes are the ones that are the most likely to rape a woman. They have been taught by other males that it is ok to be rough with a woman in this case because it is really what she wants to happen. Other men just rape because it makes them feel like a big man or like they are the real man in their warped minds. Mental factors that may cause rape include mental illness. Many rapist are mentally ill and do not realize that they are. Some have a narcissistic personality disorder that causes them to rape because they want to satisfy their own needs and feel dominant over the woman. In the learned behavior factor it is believed that most rapists have been abused sexually themselves sometime in the past and have learned this behavior from those experiences or have learned the behavior from their friends or from watching porn. Some men rape because they feel a sexual attraction to their victims that they cannot control. Within the sexual motivation factor it is believed that older rapists are more violent with their victims than younger rapists are because the older rapists are motivated by other factors than sexual attraction. Men commit rape for various reasons from wanting to feel like they are in control and are powerful to just wanting to have sex. Others commit rape because they have no control over themselves such as in the case of someone with a mental illness. Others learn how to rape from the abuse they have suffered in the past. In any case rape is rape and it is wrong. Explain the three causal theories of white-collar crime and explain which one best explains the Madoff Affair and why? The three causal theories of white collar crime are the rationalization/neutralization view, the corporate culture view and the self-control view. Criminals often use these theories to help ease their conscience and help them live with themselves. Our textbook says that rationalizations allow offenders to meet their financial needs without compromising their values. A lot of criminals start committing crimes when they are very young but with the rationalization view an offender would need to be an adult and be in a position where they could take advantage of the business that they work for in order to commit a white collar crime. They find themselves in a situation where they need money and commit the crime in hopes that they do not get caught. By the offender being an adult most of the time they have people in their lives that they do not want to disappoint. By rationalizing the reasons they committed the crime such as needing money to pay bills, etc. it lets them be able to live with the crime that they have committed. In the neutralization view there are three top reasons people use to help them deal with the guilt of the crime they have committed, (1)everyone else does it, (2) its not my fault or responsibility, and (3) no one is hurt except the insurance companies, and they are wealthy. Like the rationalization view the neutralization view helps the criminals deal with the guilt of committing a crime. It is a way to mentally cope and continue to live with what they have done. A lot of people take the stance of its not my fault or responsibility people today want to have money and enjoy life but they do not want to work hard to succeeded they want everything handed to them. When this does not happen they turn to white collar crimes so that they can continue to live the life they are used to and resort to using these two views to help them mentally cope with what they have done. I can imagine that living with the knowledge that you have committed a crime especially if that crime is against someone else it has to be hard to deal with that fact every day if you have any kind of conscience at all. The corporate culture view compares businesses with culture. Businesses that promote white collar crime and look the other way when that crime happens is like a culture looking the other way on an act that is happening in a society that they do not agree with. Our textbook states that according to the corporate culture view, some business enterprises cause crime by placing excessive demands on employees, while maintaining a business climate tolerant of employee deviance. To me this is like a big corporation like Windstream that I use to work for. They would put unreasonable demands on the employees that lead to some of the employees committing crimes against the company, but then just look the other way when someone in management would do something that was equally wrong or sometimes even the same crime. Most businesses today want to make a profit no matter what the cost is. When these businesses instill in their employees that making this profit no matter how it is done is a good th ing this is when you end up with white collar crimes. The self-control view takes the stance that white collar crime does not happen as often as people think it does because businesses hire people that have a measure of self-control that keeps them from committing a white collar crime. Most white collar criminals want something for nothing. They want the financial reward without the effort of work to earn those rewards. This is the same with any crime such as burglary. The thief when he breaks into a house wants to profit from the theft without having to do a lot of work to earn the same amount of money. I feel like the rationalization/neutralization view would best explain the Madoff Affair because Bernard Madoff claimed that he merely wanted to satisfy his clients expectations of high returns and that their demands simply could not be met by legal means. In this statement he was rationalizing the reasons for committing the crimes that he did. He knew that the crimes he had committed over the years were wrong but he did not want to have to live with the guilt of those crimes so he came up with reasons for the crimes that in his mind were valid reasons of why he had to do what he did. Each of the three views of white collar crime has their own way of easing a criminals mind about what crime they have committed. Such as everybody does it or lets just look the other way because greed is good and finally a criminal that wants quick benefits with minimal effort. Criminals will continue to look for ways to ease their minds about why they commit the crimes that they do Source: Siegel, L. J. (2011). Criminology, the core. (4th ed.). Belmont, CA: Wadsworth Pub Co.
Friday, October 25, 2019
Computer-Based Training :: Technology Essays
Computer-Based Training What is CBT? CBT or Computer Based Training is a difficult term to adequately define because it encompasses various modes of instruction and has evolved from the simplest definition, "The use of computers and multimedia technology for training"(http://www.unn.ac.uk/~buu504/comp_bt.htm). The best definition for CBT is from a 1995 text called Making CBT Happen by Gloria Gery. An interactive learning experience between the learner and computer in which the computer provides the majority of the stimulus, the learner must respond, and the computer analyzes the response and provides feedback to the learner (1995). Although this definition is quite dated, and CBT has evolved considerably since 1995, it adequately describes the key roles the computer and the learner have in the process. CBT (Computer Based Training) can encompass any type of training that involves a learner interacting with a computer. This means that Web Based Training, Interactive Distance Learning, and Intranet can also fall under the CBT definition. For brevity of this paper, we will only look at the CBT modules used on CD-ROM and LAN (Local Area Network). To expound on this definition, one must accurately define Interactive Learning Experience as it relates to training. There are many forms of interactive learning experiences in training. These would include: Interactive practice exercises to incorporate a skill Interactive case studies simulating situations in which the learner applies previously acquired knowledge Interactive role plays in which people can practice new behaviors, approaches, techniques Interactive drills in which learners can prove mastery levels and move along the learning continuum from familiarization to automatic operation and fluency Interactive tests in which the learner can interactively assess their own progress to demonstrate competence or achieve confidence in their own knowledge and skill (Gery, 1995). I would also add that along with the interactive learning experience CBT modules also have administrative qualities. Most CBT programs can register learners based on their status through particular career learning paths, as well as, store the learner's progress of the modules within a database. "There is a record keeping feature that can save time, maintain accurate training records, and diagnose training deficiencies" (Congram, 1995). CBT Advantages and Disadvantages Computer-Based Training modules have many advantages. First, there is the cost issue. For companies who have facilities on a national or even international scale, CBT is the most cost- effective way to train.
Thursday, October 24, 2019
Opposite of Loneliness Essay
In the article ââ¬Å"Opposite of lonelinessâ⬠by Marina Keegan, it explains about the life of a young adult who started her adulthood in Yale University. A place she had found happiness and most certainly the opposite of loneliness. Moreover, she finds herself completely attached to it as she had said in the first paragraph ââ¬Å"What Iââ¬â¢m grateful and thankful to have found at Yale and what Iââ¬â¢m scared of losing when we wake up tomorrow and leave this placeâ⬠. This phrase shows us that Yale brought out the best in her, something she fears losing and that she is actually very reluctant to have to leave. She is afraid that all her memories and experiences she has gone through would be gone once she steps out of Yale. This article shows the basic development of a young adultââ¬â¢s social life beginning with a simple circle of friends or a clique and the attachment that became stronger as one grow fonder of the people around her which is exactly what she faces in her experience in Yale where it was mentioned in paragraph three, ââ¬Å"Yale is full of tiny circle we pull around ourselvesâ⬠. She found that even though not everyone knows everyone, there is still unity and a sense of togetherness among the students in Yale. She also added that the experienced they shared among themselves were priceless and unforgettable and that she felt safe and loved whenever in the company of her peers during her time in Yale. This article allows us to see that the writer begins to discover herself and learns to comprehend about life as she faces challenges along the way while being in Yale. The fear of knowing the truth or fear of not knowing at all is something every individual learns to adapt to however the word ââ¬Å"fearâ⬠should never conquer a person as it would only demotivate ourselves instead f seeing the positive side of life just as she had mentioned in paragraph 4 ââ¬Å"But let us get one thing straight: the best years of our lives are not behind us. Theyââ¬â¢re apart of usâ⬠The writer starts comparing the her past and the possible future where she wished that she could wind back time and correct her past mistakes and regrets if given the chance to. It makes us realize that in life there will be scenes playing in our minds like a 1980ââ¬â¢s classical film in which the ââ¬Å"What ifâ⬠takes place. There are times that every individual wished they could go back in time and do something good for themselves or be a the chairperson of a certain society, things they never knew they had it in them or things they went through and it never crossed their mind that they actually did it which is exactly what she felt in herself, ââ¬Å"Iââ¬â¢ve looked back on my high school and thought: how did I do that? How did I work so hard? â⬠Everybody would have their standards of living and expectations of succeeding however the article also makes us realize that no matter how perfectly we plan, we may not have the ending that we wished for. We can never be certain of what the future holds for us, however as life goes on, we understand that a human being tends to regret her decisions and change their minds ample of times which explains what she had mentioned in paragraph nine ââ¬Å"If only I had majored in biology, if only Iââ¬â¢d gotten involved in journalism as a freshmanâ⬠The writer also shared uncertainties for what the future would hold for her. She starts comparing herself to others who have accomplished more than she has. Life is all about choices and it is these choices that she is most afraid of. The writer also stated that during her time in Yale, she never had to make any life changing choices and knows she has to start doing it once she graduated and is afraid to make the wrong choices. However, she added that however our lives turned out to be, the future is uncertain and that it can be altered at any point of our life. This can be seen when she said ââ¬Å"What we have to remember is that we can still do anything. We can change our minds. We can start overâ⬠. At a young age especially an undergraduate student would always feel that thereââ¬â¢s always something missing in their lives to what theyââ¬â¢ve accomplished. However also at a young age the opportunity that lies ahead in the future is even bigger. For each expect the young adult faces in Yale University, she comes across one conclusion of her college life, loneliness was never involved however happiness, laughter and memories are definitely words to describe it. Stages by stages this article makes us understand that we as human beings should cherish each and every moment that we have and make the best out of it. Sustain it as a memory that becomes apart of you until the very end. Yes life is not a bed of roses however thereââ¬â¢s no harm in trying to make it an enjoyable experience and ride.
Wednesday, October 23, 2019
National Savings Essay
ââ¬Å"National saving can be used domestically or internationally. Explain the basis of this statement, including the benefits to the nation of each use of its saving. â⬠First of all, letââ¬â¢s understand the concept of national savings. In economics, a countryââ¬â¢s national savings is the sum of private savings (i. e. personal savings) plus the business savings (i. e. undistributed corporate profits) and public savings (i. e. tax revenues less public expenditure). (economicswebinstitute. org, 2003) & (Wikipedia. org, 2008). So in simple words, what people save i. e. hen they avoide to consume all their income, is called ââ¬Å"personal savingsâ⬠. These savings can remain on the bank accounts for future use. For the economy as a whole, national saving is the portion of the nationââ¬â¢s income not used for private and public consumption. Just as for people, saving for the national economy is the act of setting some of current income aside for the future instead of spending it for current consumption. (Gao. gov, 2001). So the savings left in bank accounts are an important part of money. This money could be used by banks, which can decide to finance businesses. The amount of money used for investment depends on the deposits, which banks receive. So an increase of personal savings and/or corporate profits could increase investment. Companies which do not distribute a certain part of its corporate profits, will keep that money in bank accounts also for future business opportunities. Domestic investment could be investment in new factories and equipment, which can increase productivity of the nationââ¬â¢s workforce. The increased productivity, in turn, will lead to higher wages and greater economic growth over the long term. Gao. gov, 2001). So we come to the first conclusion that if national savings increase, a country through its banks could invest more in its economy and finance more projects and support the economy. In general, more national saving will increase a nationââ¬â¢s capacity to produce more goods and services and generate higher income in the future. (Gao. gov, 2001). This phenomenon has been seen in a couple of Asian countries, where the saving rate of households was very high like in Russia, Japan and China, which were able to industrialize quickly. It seems also that there is a close association between national savings and domestic investment in developing countries. These countries are in desperate need for cash to invest in infrastructure and boost its economy including industry, service, etc. Before going to the international market and asking for loans, these countries will first of all make use of every penny that they can find in their banks. So one of the main findings, is that national saving provides resources for a nation to invest domestically. Traditionally, there has been a strong relation between domestic savings and investment ratios. feweb. vu. nl, 2009) The question now is: will these resources be used only in the country itself or could they be used elsewhere. In a closed economy the national savings will definitely be reinvested in the domestic economy. But this is only in theory, since nowadays we can not really find a 100% closed economy anymore! There are countries that have high net saving surpluses and which need to invest it. These countries are sometimes too small to be able to offer the right investment opportunities for this huge liquidity. Countries in the Arabian Peninsula like Qatar, UAE or Kuwait are the best example. In addition, capital is getting very mobile and can be moved easily from one country to another and invested abroad. (wikipedia. org, 2008). With all that money floating around looking for an investment, it doesnââ¬â¢t seem that domestic savings are all that important any more. (socrates. berkeley. edu, 2011). Letââ¬â¢s elaborate more on the benefits of investing the national savings abroad? We agree that the sum of national saving and saving borrowed from abroad represents the total amount of resources available for investment. This investment could be used to purchase capital goods like plant, equipment, software, houses, and inventories, by businesses and governments. (socrates. berkeley. edu, 2011). So what are the benefits of investing the national savings abroad? Will this really lead to improving domestic economy and increase the wealth of the people? An investment abroad does indeed increase the nationââ¬â¢s wealth and will generate income. This income could be again reinvested in the domestic country or abroad. One of the very obvious examples is the economy of the GCC countries. Qatar is one of the smallest and wealthiest countries in the world. Its main wealth comes from oil and gas, which accounts for more than 90% of its GDP. Qatar invested huge billions in its domestic economy (infrastructure, refineries, ports, real estate, preparation for world cup 2022, etc). It still has huge amount of money, which could be invested strategically. It currently, invests billions of petrodollars in all 5 continents. It has bought shares in big companies in all kind of industries (oil and gas, banks, luxury, airlines, soccer etc). By doing so, it will even help other companies and countries invest in successful businesses and boost their economies. The other countries probably have national savings which are lower than the needed domestic investment. They will borrow from foreign savers (in this case Qatar) to compensate the difference. Qatar will also repatriate this money or even reinvest it. This is a way to create more wealth to Qatar and the Qatari people of the next generations. A similar phenomenon is seen in other GCC countries, Singapore or Norway which have the so called sovereign wealth funds, that move huge amount of money from one place to another searching for the best investment opportunities. National savings is beneficial for each nation,, which needs to invest in its domestic economy. Itââ¬â¢s also important for other nations, which borrow the money in the international capital market. By doing so, they can make use of the capital flows to invest in their economies and pay back the loans. So in total the world economy is more dynamic. Huge amount of money go to where the investment opportunities are. As a conclusion, we can say that national savings and the resulting investment have huge implications on the wealth of a nation and of course on the well being of people in current and future generations.
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