Saturday, February 15, 2020

How did the events and ideas in your primary source reading reflect Essay

How did the events and ideas in your primary source reading reflect broader changes in American history for this period - Essay Example African Americans wanted to become autonomous. This autonomy would be achieved if an Africa free of White domination was achieved. Africans had to be liberated from colonization. This notion was demonstrated in the speech of Marcus Garvey in the Second International Convention of Negroes held at Liberty Hall, New York (Garvey, 1921). The speech centrally suggested that Africans should fight for freedom even if it will cost their lives. This reflects the broader changes in American History because African Americans were becoming disillusioned due to segregation, racial discrimination and racial violence; and they were ready to fight for their liberty. In the early 20th century, there was a general wave of calls for the liberty of African Americans that led to the formation of Universal Negro Improvement Association and the African Communities League. The founder of the association was Marcus Garvey. It was based on the belief of respect of human rights and supremacy of God almighty. At the period when the organisation was formed, African Americans were suffering from the injustice committed by the Whites. In Africa, African states were colonized. Europeans had sliced their land and divided among themselves (Fredrickson, 1995). Africans were forced to surrender their wealth to aliens, and to make things worse, they were forced to work for the Whites in the same lands that belonged to them before they were taken away. In United States, African Americans were still enslaved, segregated and discriminated. In United States, like in Africa, Black people were not accorded equal treatment with whites. They were not allowed in hotels and inns in the same extent as their white counterparts (Fredrickson, 1995). As a result of this, African Americans were determined to fight for their liberty. Southern parts of USA experienced high levels of African-American segregations in public places. The Jim Crow compelled

Sunday, February 2, 2020

Solution to questions Assignment Example | Topics and Well Written Essays - 500 words

Solution to questions - Assignment Example This is because the z-score for 2007 was less than 1.81 while that for 2006 was more than 1.81 but less than 2.675. The calculations shows that the reasonable estimate of the nominal interest rate (nominal yield), rd, for a new issue of Aaa-rated bonds to be offered by Binghamton Truck is 6.27%. This means that the case above requires Binghamton to offer a nominal yield of 6.27% on the Aaa-rated bond to the investors. a) Why might you choose to make the investment in the 1-year security that pays an interest rate of only 6 percent, as opposed to investing in the 2-year security paying 8 percent? Provide a numerical support for your answer. In which case, I only need 3.81% interest rate to reach the savings for the 2 year investment at the end of two years. This is even a lesser rate than the original rate which was 6%. Consequently, I would have more savings when I choose the 6% interest rate. I will choose the 2- year security given the rationale that I am risk averse; in which case, 11% rate is far much more than 6. Since I am afraid of risks, I would not subject myself to a higher required rate of return which usually bears much