American Religious groups and History Essay Example | Topics and Well Written Essays - 1000 words

American Religious groups and History - Essay Example Religion has played a vital role in the establishment of major universities and learning centers such as the Harvard, Princeton, Williams, and Yale among others. Different regions of the country have different representations of the religious groups with the rural consisting of few Catholics except some areas such as Louisiana and the Gulf Coast. Most of the Catholics are in the urban areas such as the Great Lakes and the industrial and mining regions. Judaism is also a religious group in America and is the second largest after and Frank y. Many of the people prophesying Judaism faith are Jews and their descendants and have existed since the 17th Century. Islam takes the third position in America although it just represents a 0.9 percent of the entire population. The other religious groups include the Rastafarianism, Baha’i among others. There are people who do not profess affiliation to any religion and are associated with Atheism, Agnosticism, and Humanism. This population i s increasing at a high rate although they are associated with materialism, criminal behavior, and cultural elitism. America is, therefore, experiencing an increase in religious groups and increase in those who profess no religion. During the period of religious movement in America, the great awakening led to divisions among the denominations such as Baptists, Methodists, and the Presbyterians. Although the first American Protestant Mission was in 1820 in Hawaii, most of the triumphalism happened in the 1960s.

Globalisation and financial crises Essay Example | Topics and Well Written Essays - 2500 words

Globalisation and financial crises - Essay Example In this regard, recognising that global financial crunch is multifactorial (Bordo, 2008; Wellink, 2009), still, it cannot deny the truism that one of the major factors that led to the global financial crisis is brought by banking failures and difficulties (Blundell-Wignall & Atkinson, 2008; Brown & Davis, 2004). Bank capital is a residual item that is calculated as the difference between assets and those other liabilities, which have more prior claims on banks’ revenues and assets. However, this simplistic definition of bank capital have changed overtime due to regulations and other exogenous factors brought by globalisation, national economies and policies. This continuous evolution on the understanding of bank capital has paved for the concept of bank capital adequacy, which is viewed as having a standing conflict with the notion of bank profitability. In light of this context couple with the gargantuan problem global financial crunch, this research will be looking into the conflict between bank capital adequacy and profitability in relation to the global credit crisis. As such, this research will seek to address the question What is the importance of the conflict between bank capital adequacy and profitability in relation to the global credit crisis? This study is significant because not only it presents current concerns of banking systems across the globe but also it shows the conditions with which banking systems are presently working. Moreover, it endeavours to understand old concepts in the light of the new experience of global financial crisis. Hopefully, this can provide help in the apprehending of the global financial crunch as well as in the charting of policies that may help prevent the same financial crisis from happening in the future. It is the hope of the researcher that the study may add to the existing discourse insights that may clarify the conflict between bank capital adequacy and