Essay Examples on Hudson Valley Community College

The Industrial Revolution

The Industrial Revolution The Industrial Revolution was a major turning point in history it was the period when the way products were produced was innovating at an extreme rate Some of the main technological advances during the Industrial Revolution were the steam engine spinning jenny and cotton gin such as the train Source 1 An industrial society is a society which runs by the use of technology for mass production of goods as opposed to an agrarian society which needed human labor source 3 Working conditions during this time for factory workers was awful they were underpaid and worked very long shifts Living conditions were terrible as well people all wanted jobs so they moved source 6 The Industrial Revolution is important because it paved the way modern day industrial societies are conducted An industrial society depends on machines instead of human labor to support a population Before the industrial revolution farmers would farm themselves or with workers but workers were replaced with machines Due to the Industrial Revolution many factories were created where work was distributed to different parts which led to the use of an assembly line An assembly line is a process that most factories use to produce goods it is a process that workers stand with parts of the products they are building are put together and passed from one person to the next source 7 One of the main technological advances was the steam engine an engine using steam as a power source This lead to new and improved forms of transportation such as the train and the steamboat 

2 pages | 520 words

If there was a way that the Icelandic Recession could have been Prevented

The one question we need to ask if there was a way that the Icelandic Recession could have been prevented Was there a way that it could have been stopped Three main things that needed to take place to prevent such a thing was for the takeover of the domestic operations of the three largest banks in Iceland get immediate help from the IMF and an approach to the EU Taking these approaches could have significantly saved this all from happening in the first place A loss of confidence in the banks by the international financial markets and international rating agencies was a factor that started this in 2006 The mini crisis lasted for a little bit but seemed to come back and lst in 2008 to play a role in the financial crisis Concerns began and started building up in 2005 The rapid growth of credit under some conditions such as Iceland was experiencing is a clear indication of an impending banking crisis There was concerned with the credit growth in the CEE countries as part of the countries where a boom was in happening including Iceland
1 pages | 370 words