The Collapse Of The Subprime Mortgage Market Causing A...

The collapse of the subprime mortgage market causing a global financial crisis (GFC) in 2007, has given the concept of securitisation a bad name. Securitisation is the process of conversion of receivables and cash flow generated from a collection or pool of financial assets into the marketable securities. Any asset that generates a cash flow can be securitised, which are then sold to capital market investors. Asset securitisation is the process whereby interests in loans and receivables are packaged and sold in the form of an asset-backed security (ABS). An ABS is the bond or notes backed by some financial assets. These assets consist of receivables such as residential and commercial mortgage loans, automobile loans, and credit card financing. Mortgage-backed securities (MBS) are bonds that are backed by pools of mortgage loans. Examples include mortgage papers, house papers, and land and property papers. Thus in-turn, reflective of the underlying assets in the security are these two terms. Additionally, securitisation is a method of financing assets, to serve as the main source of payment to investors, it usually depends on cash flow generated from principle and interest repayments. Securitisation is one of the most fundamental and complex concepts in the world of finance. The non-existing industry began in the 1970s when home mortgages were pooled by U.S. government-backed agencies. Ten years later, financial institutions and businesses from all different aspects usedShow MoreRelatedThe Global Financial Crisis Of 2007-20081123 Words   |  5 PagesThe Global Financial Crisis of 2007-2008 is the worst financial crisis since the 1930’s The Great Depression (Reuters, 2009). Even if bailouts of banks by national governments prevented the collapse of major financial institutions, worldwide stock markets continued to drop. Evictions and foreclosures overwhelmed the housing market while severed unemployment embraced the labor market (Baily and Elliot, 2009). This global financial crisis was responsible for the decline in the consumers’ wealth, andRead MoreThe Financial Crisis Of Lehmann Brothers1379 Words   |  6 PagesThe 2008 financial crisis, also known as the U.S. Subprime Mortgage crisis, is considered by many economists to be the most perilous crisis faced by the modern day world economy since the 1930s Great Depression (Krugman, 2009). The collapse of Lehmann brothers, one of the world’s leading investment banks before declaring bankruptcy, in September 2008 almost took down the world’s financial system. Many factors such as U.S. Home ownership policies, consequential securitisation, irresponsible lendingRead MoreFinancial Crisis Impact On Institutions And Markets1196 Words   |  5 PagesFinancial Crisis Impact on Institutions and Markets The financial crisis, beginning in 2007, negatively impacted the stability of financial institutions and markets across the world. While there are many speculative causes of the financial crisis, dealings in subprime mortgages are considered the biggest culprit. As a result, those involved in subprime mortgages, such as lenders, investment banks, credit rating agencies and securities investors were among the first to feel the crisis’ ramificationsRead MoreFinancial Crisis And Its Effects On The World Economy1467 Words   |  6 PagesBetween the years of 2007 to 2008, the world was faced with a major financial meltdown with global market failures and economies in shambles. The emergence of subprime mortgages and the collapse of securitized derivatives led to much speculation of different causes. What was the root factor that led to the triggering of this financial crisis? This research conducts a comparative analysis of my research and beliefs on the cause of the crisis con trary to other researchers’ conclusions. It is an aim to provideRead MoreThe Success Of The Great Crash1495 Words   |  6 Pagesuntil the market failure makes its way into the economy in 2008. The period was known as the Great Crash where combination of several failures in the economy contributed to the collapse. The Great Crash Real estate had significantly grown in popularity because as it is considered as a good consumption as well as investment (Malpezzi, 1990). Financial institutions start to offer easy credit to many, including the non-credit worthy ones, mainly the underprivileged. 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I will also discuss about how the banks were at fault for giving out loans to individuals who were not capable of affording to pay these loans back and all financial institutions that should have had regulations on the loans that were dispensed as well. Though, the collapse with the financial institutionsRead MoreThe Financial Crisis Of 20081747 Words   |  7 Pageseconomic crisis of 2008 was one for the ages, it changed the world of investing forever. That year, the stock market crashed, bank failures and the infamous wall street bailout that can all be traced back to the subprime mortgage crisis.. The 2008 economic crisis rocked the global economy for the worst, and to this day the United States is trying to recover from the impact that the crisis had. In order to understand why exactly the banks failed people have to understand the subprime mortgage crisisRead MoreExchange Rate Fluctuation Factors On Currency1272 Words   |  6 Pagesof 2007 had a strong impact on foreign currency exchange rates causing a weakening of the USD against foreign currency (USForex, 2015). The economic factors causing the recession resulted in a loss of 8.8 million jobs, a housing market collapse, and ultimately in the weakening of USD value in foreign currency exchange rates. Additionally, political factors such as deregulation and the banking crisis resulting in a lending collapse also contributed to the weakened state of United States (US) currencyRead MoreLehman Brothers Subprime Crisis1939 Words   |  8 PagesIntroduction The global financial crisis that erupted in September 2008 has thrown economies around the world into a recession. The root cause were sown in the credit boom that peaked in mid-2007, followed by the meltdown of sub-prime mortgages and securitized products. Fannie Mae and Freddie Mac were both taken over by the government and on September 24, 2008, Lehman Brothers declared bankruptcy after failing to find a buyer. The fall of Lehman Brothers rattled the global market and led to a great

Gun Control And The Rights Of A Free State - 1462 Words

â€Å"A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed,† many will recognize this as the 2nd second, however, few will know the true purpose for why it was written. The intent of the amendment was to allow the general populace to own personal firearms without restriction, so that, in the case of a government takeover or attack on their well being, they would be able to defend themselves. Regrettably, this has largely been forgotten. A vast majority of the left now believes that the 2nd amendment is just an excuse for conservatives to play with dangerous toys. They look at all of the gun violence and think that the cause is the right to own firearms, so their solution is to either restrict it or repeal it all together. Countries such as Australia, Japan, and England give them their reasoning for strict gun control. Advocates conclude that if America implements the same harsh gun regu lations of these countries, then our gun violence rates will reflect theirs. This is not the case at all, but it makes sense, if it works there, then why wouldn’t it work here? Repealing the 2nd amendment would go directly against the wishes of the founding fathers, and be nearly impossible because the gun community still has great deal of support. Therefore, they have to restrict it; always with the intent of making it so hard for someone to own a gun, that no one will. In light of this, gun rightsShow MoreRelatedGun Control And The Rights Of A Free State1149 Words   |  5 PagesGun Control Multiple news outlets reported the same number over and over. 74. This is the general estimated number of mass school shootings that have occurred since the massacre at Newton’s Sandyhook Elementary School on December 14, 2012. The Newton massacre once again had a nation grieving for loss of innocent lives in such tragic ways and once again the issue of gun control went to the front of the nation’s agenda. American history shows a fascination with gunfighters and the Old West mentalityRead MoreGun Control And The Rights Of A Free State1632 Words   |  7 Pages A well-regulated Militia, being necessary to the security of a Free State, the right of the people to keep and bear Arms, shall not be infringed. (The Second Amendment of the U.S. Constitution). As Americans we are afforded certain rights that are upheld by the United States constitution, and many citizens believe these rights to be part of our nation’s heritage, or the â€Å"birthright† as Americans. Conversely there are those which are opposed to some of these â€Å"birthrights† which were added toRead MoreGun Control And The Rights Of A Free State1195 Words   |  5 PagesCameron Rose Mrs. Rose P.5 Gun Control, Research Paper 25 February 2016 â€Å"A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed† (Bill of Rights, 1791). As said by our founding fathers, over two centuries ago, the right to own guns will not be taken away. However recently, there has been a push for a ban on guns, due to the increase in school shootings, homicides, and suicides over the years. Because of thisRead MoreThe Debate Over Gun Control1210 Words   |  5 Pagesnot be involved in gun control. The second amendment to the United state s constitution says A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed. Is this not enough can the bill of rights say this anymore clear. Many might state that the way this statement is worded is the point of debate and it should be interpreted differently. This is the root of all the hot debate over gun control. Does the constitutionRead MoreGun Control Is Not The Solution982 Words   |  4 PagesFurther Gun Control is not the Solution Lately, as a nation, it seems that we can’t progress more than a month without hearing an incident on national news concerning a shooting. Every shooting that occurs is gaining the national media spotlight. This is prompting leaders and politicians around the country to call for further gun control to answer this current epidemic. Creating new gun laws is not the solution. This only creates extra problems with law-abiding citizens obtaining a firearm and infringingRead MoreGun Control : Argumentative Essay Essay1702 Words   |  7 Pages100 3 November, 2014 Gun Control: Argumentative Essay The gun control debate is a good example that justifies the common known mantra that history will always repeat itself. Gun control is a regulation put forward with an aim of managing the purchase and ownership of firearms with the main aim being to reduce the criminal and unsafe use of firearms. The gun control measures involve strategies such as registration of firearms aimed at restricting the ownership of guns by people proved to beRead MoreDefining New Gun Laws Are Not The Answer996 Words   |  4 Pagesis prompting leaders and politicians around the country to call for further gun control to answer this current epidemic. Creating new gun laws are not the answer. This only creates extra problems with law-abiding citizens obtaining a firearm and infringing on their second amendment right of the United States Constitution, which states: â€Å"a well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.† The second amendmentRead MoreThe Problem Of Gun Violence1678 Words   |  7 Pagesthink. The media is trying to push gun control on anyone that will tune in or read it. The media will all say the same thing, and the problem is gun violence. What if one removes the word gun from gun violence, that still leaves violence. Before one can decide which side to support, the information should be completely researched for important, specific information about how America will be affected, and what the cost are for the people protecting their rights. In 1776, Americans feared excessiveRead MoreGun Control Is The Government Regulation Of The Sale And Ownership Of Firearms1660 Words   |  7 Pages3 DC Gun Control Gun control is the â€Å"government regulation of the sale and ownership of firearms.† (Dictionary.com). In D.C., handguns, rifles, shotguns, and revolvers may be registered. Sawed-off shotguns, machine guns, short barreled rifles, unsafe handguns, assault weapons, and .50 caliber rifles are all prohibited in D.C., meaning that there is no possible way to own them. (DC.gov, 2014). A single person may only register one handgun every 30 days unless the gun was owned in another state. CommonlyRead MoreGun Control And The United States889 Words   |  4 PagesGun control is a big thing in the world today. Many Americans want it but also many don’t. There are both good reasoning’s and there are bad reasoning’s. Gun control is for our own safety but can also take our safe feelings away by knowing we won’t have a gun in hand to protect us in a real time of need. The second Amendment is commonly used when trying to set up the restrictions and rules of thes e gun control laws. There are a lot of regulations being set up and still are being made to â€Å"keep us

Resistance to Change Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Resistance to Change. Answer: Resistance to change at a workplace is a normal phenomenon that takes place in every organization. It generally occurs because of bad decision made by the management. In the era of changing external business environment, Resistance to change is an inevitable exercise practiced by the employees. Acceptance of changes in an organization is tough for the employees. One of the most common problems faced by the business is employee resistance to change (Armenakis and Harris, 2009). The resistance to change generally takes place in different ways that constantly affect the organization. It takes in number of ways like an increase in employee turnover, constant argument, resentment, slowdown strikes etc. These changes are affecting the organization on a long run affecting the process of growth. It is tough for the organizations to implement a change. These are important ways for claiming the amount of changes taking place in the business environment. Furthermore, the organizations have a fe ar of meeting the output due to difference in transformation and its management techniques. The organization is failing to meet the expectations of people working in an organization (Arnold, 2015). This is in contrast with the organization and its purpose of getting things done. Resistance to change occurs due to the change. Change is the basic necessity in an organization in order to get things done. It is a usual activity that causes dilemma in attaining the vision of the organization. Due to this, employees tend to adhere to the existing business atmosphere rather than doing unidentified. Some of the employees time after time resist to the progression that can have some negative effect on the organization. All this affect the organizational output amid the employees affecting the bottom line. This bottom line in the organization is affecting the organizational growth. Changes are inevitable in nature. The purpose here is to accept the changes in order to meet the target. Any alte ration in the level of the efficiency directly affects the organizational growth on a long run (Bargal and Schmid, 2012). All These changes have a wide-ranging impact on the employee morale. An employee having a negative attitude to the change is difficult to be managed for a longer time-period. Changes are disorderly to the work environment of an organization. The process of resistance can change the overall process of managing change. Employees spending excess time focusing on resistance pay less focus on daily tasks associated with their jobs. The Changes to an organization is difficult task to gain productive results. The resistance to change create difficulty in balancing the activities (Benn, Dunphy and Griffiths, 2014). When an employee resists change, they may feel less positive and confident about their professional future with the organization. Employees should focus on managing the daily task. However it is important to understand that Change is an anticipated part of bus iness. It is tougher process for some whereas for some it is difficult. This specifically creates problem in implementing change in an organization (Boonstra, 2008). Managing resistance to change is challenging for end number of reasons. There is a necessity to manage the organization in order to gain effectiveness. Employees have realized importance of change management in an organization or want a change and resist publicly, verbally, and argumentatively. Those who are not willing to adopt the changes create a tough situation for the company. This may create a need for confrontation and conflict. Employees feel bumpy with the changes introduced and resist. This is due to their nature to accept the changes as prescribed by Lewin Kurt in the change model. It takes time to adopt the changes in accordance with the needs(Douglas,2011). Power is one of the central forces governing the organisational changes. It has become vital for the business organization to manage the changes. Power is an essential force looking after the basic necessity an individual looking after the changes in an effective way. The leaders in an organization are seen as a driving force to meet the changes(Thomas and Hardy,2011). Organizational group plays an important role in organizing research in a better way. The purpose is to see the organization as a political arrangement. There are certain level of disputes in the organization creating a need to implement an effective change management and development process. Any dispute at the time of introducing change is disruptive for the organization (Cameron and Green, 2015). There is an increase in number of political issues in the centre of the organization. This is important to understand the changes and to implement them in an effective way. The concept of new organization is to implement the changes from the beginning. It is related with redefining the process in order to gain effective results. The only purpose here is to implement the changes without any dispute. The purpose here is to manage the goals alternatively. Power has a direct impact on implementing the changes in an organization (Chao, Lee and Ling, 2012). Change is an important part in an organization irrespective of its size. The entire role here is to manage the growth in congruence with the employee and organizational interest. Changes can be in any form depending upon the organizational needs. It is tougher for the business organization to manage the changes in case excess resistance. These changes directly affect the morale of the employees; it is the duty of the employer to create a sense of security in the mind of the employees. For the reason, the manager has to indulge himself at the time of implementing change. It is the duty of the manager to look after the interest of each and every employee (Ch ao, Lee and Ling, 2012). It is important to notice that the problem arises due to lack of communication in between the employees and the management. This directly affects the morale of the employees and creates issue with both the recruitment and retention process. Thus, in order to gain competencies, it is important to manage the changes on daily basis. All This has a direct impact on the daily efficiency and output of the employees (Goetsch and Davis, 2014). It has a potential to reduce the level of competence unswervingly affecting the organizational growth and management. It is important to find out a way to spend time focusing on factors contributing in resisting the changes taking place in the workplace. In case of introducing a change, the employees become less focused on daily tasks connected with their jobs. It is moreover difficult to coordinate changes due to concentration of power in the hand of few. This creates difficulty in meeting the results in order to gain product ive results. These Changes are difficult for the individual in order to develop effectiveness (Hayes, 2014). Employees not in favour tend to create a negative atmosphere in the employees. There is a continuous unrest among employees. However at times, the change is implemented smoothly without any unrest among employees. The problem only arises when any group in an organization is against the changes. In such a situation, it is difficult to manage the changes in a better way. There are general ways to mitigate the negative effects of resistance. The changes are introduced to foster effective growth and management(Dolan and Bao,2012). By stating the problem in this way, the organization can overcome the dilemma. Change sometimes occurs under the coercion and influence the people. The organization sees a direct impact on the authority and rules in theta influence the employees. The process of Change management is taking place in different shapes bin an organization. The only purpose b ehind incorporating a change is to practice to deal in a challenging situation. The organization is failing to meet the expectations of people working in an organization. This is in contrast with the organization and its purpose of getting things done (Huczynski and Buchanan, 2010). The difficult part in an organization is to introduce change. There is no single way to implement a change in an organization. The most important part in an organization is to gain competency by implementing effective changes. This is only possible by coming up with different change management theories. These theories will help in implementing the changes in the best possible way (Jones, 2010). The change model govern By Kurt Lewin provides with information related with implementation of change in three steps. This allow the managers to coordinate the changes in a well and appropriate way. Power in such a situation is important to be managed in order to organize the situation. Any threat and punishment given to the employees creates unhappiness among the employees (Palmer, Dunford and Akin, 2009). Changes cause ineffectiveness and disrupt the functioning. In this situation, it is important to find out an effective way to resolve the problems occurring due to change. Participation is important for allocating the changes in an effective way. This exercise helps in managing the changes at a regular interval and creates problem at the time of its implementation. The role of power is important to an organization at the time of implementing a change. Power is important to influence people in the organization to adopt the change. It is an important activity to include changes in the functioning (Storey, 2007). Continuous resistance to change is disruptive for the organization. This is because of the problem that occurs due to imbalance in achieving the directed goals. The power is important to an organization in placing things in order to implement changes. These directives are important at the time of introducing changes. The primary focus here is to understand the organizational strength and weakness and implement it thereafter. Some of the employees time after time resist to the progression that can have some negative effect on the organization (Organisational development design explained .2017). Employees generally argue about an implementation of change. The proposed changes to an organization are disruptive. In order to implement changes, it is important to introduce motivational factors. These factors will help in implementing changes on a long run. Leaders have to come up with an effective strategy in order to overcome with the challenges. These are important to manage the changes in an effective way. This is important to manage the changes in the best possible way by introducing a positive technology(Erkama,2010). A leader has a responsi bility to advocate plan to put into practice in order to implement change that will benefit the organizational goals, matter, or a larger group in an ethical way. The Change management occurs at various levels linking both political and ethical considerations. It is however important to include the concern in order to introduce change in a better way. This is possible to remind the need to seek contribution and assure commitment on a regular basis. The leadership is important for an organization (Weiner, 2009.). To conclude, resistance to change requires a balance between constancy and change. It is the basic requirement of the leader to introduce the changes to generate an environment where employees are free to express thoughts. It is evident from the point of view of an organizational growth to develop a transparent process. This helps the employees in achieving the target by incorporating an effective way. The process of change management is crucial for the organization in meeting daily targets. This is important enough to organize the policies in accordance with the changes taking place in the organization. Changes are frequently implemented in a technology based companies. It is due to rapid change in the technology that makes it clear to organize the changes accordingly as per the market requirements. They have to work according to the market pace. This creates difficulty in implementing the changes. However from the point of view of an organizational growth, it is evident to implemen t changes. For the better future, it is important to manage the changes. The change management policies are important to manage the changes through an extra effort.Changes are inevitable in an organization in order to develop an effective organizational environment. Hence, for an organization it is important to manage the changes. References Armenakis, A.A. Harris, S.G., (2009). Reflections: Our journey in organizational change research practice.Journal of Change Management,9(2), pp.127-142. Arnold, P.(2015). The 5 greatest examples of change management in business history. Online. Available at: https://www.managers.org.uk/insights/news/2015/july/the-5-greatest-examples-of-change-management-in-business-history Accessed on: 3 October 2017 Bargal, D. Schmid, H., (2012).Organizational change development in human service organizations.Routledge. Benn, S., Dunphy, D. Griffiths, A., (2014).Organizational change for corporate sustainability.Routledge. Boonstra, J. ed.,( 2008).Dynamics of organizational change learning.John Wiley Sons. Cameron, E. Green, M.,( 2015).Making sense of change management: a complete guide to the models, tools techniques of organizational change.Kogan Page Publishers. Chao,C., Lee,A. Ling,G(.2012). Understanding OD Its Role: A Think Piece on OrganisationDevelopment. Online Available at: https://www.cscollege.gov.sg/Knowledge/Pages/Understanding-OD-and-Its-Role-A-Think-Piece-on-Organisation-Development.aspx Accessed on: 3 October 2017 Cummings, T.G. Worley, C.G., (2014).Organization development change.Cengage learning. Dolan, S.L. and Bao, Y., (2012). Sharing the Culture: Embedding Storytelling and Ethics in the Culture Change Management Process.Journal of Management Change,29(1). Douglas, F., (2011). Between a rock and a hard place: career guidance practitioner resistance and the construction of professional identity.International Journal for Educational and Vocational Guidance,11(3), pp.163-173. Erkama, N., (2010). Power and resistance in a multinational organization: Discursive struggles over organizational restructuring.Scandinavian Journal of Management,26(2), pp.151-165. Goetsch, D.L. Davis, S.B., (2014).Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Hayes, J., (2014).The theory practice of change management. Palgrave Macmillan. Huczynski, A. Buchanan, D.A., (2010).Organizational behaviour. Financial Times Prentice Hall. Jones, G.R., (2010). Organizational theory, design, change. Organisational development design explained .(2017).Online. Available at: https://www.southampton.ac.uk/hr/services/od-explained/index.page Accessed on: 3 October 2017 Rothwell, W.J., Stavros, J.M., Sullivan, R.L. Sullivan, A. eds., (2009).Practicing organization development: A guide for leading change(Vol. 34).John Wiley Sons. Storey, J., (2007).Human resource management: A critical text. Cengage Learning EMEA. Thomas, R. and Hardy, C., (2011). Reframing resistance to organizational change.Scandinavian Journal of Management,27(3), pp.322-331. Weiner, B.J., (2009). A theory of organizational readiness for change.Implementation science,4(1), p.67.

Sustainability Essay Example For Students

Sustainability Essay Modern days have a specific requirement of multi-sided development of a person who’s to be well aware of the conflicts and misfortunes which humanity is encountering. No wonder high school and college curriculums have included the subject of sustainability as a part of their global citizenship programs. Mostly, when it comes to sustainability people have an image of proper natural resources management and the proper use of fossils. Notwithstanding, sustainability has a deeper implication that includes not only natural resources but also environmental and social management. Therefore, the subject requires a deep look into the established problems and suggested solutions. Here, we offer four 200-word essays on environmental sustainability, its matter, obstacles, and probably resolutions. Outline1 Sustainability Essay Example 1 (242 words)2 Sustainability Essay Example 2 (233 words)3 Sustainability Essay Example 3 (233 words)4 Sustainability Essay Sample 4 (238 words) Sustainability Essay Example 1 (242 words) We will write a custom essay on Sustainability specifically for you for only $16.38 $13.9/page Order now They say that the planet Earth has been undergoing significant changes due to its millennial cycles of natural and environmental deviations. I believe that such changes are a matter of human concern because of human interference with the natural balance, i.e., extraction of fossils, green gas emissions, contamination of waters, cutting-out of rainforests, etc. As a ground, I would like to state my reasons. First of all, the age of industrial breakthrough has led to the development and implementation of technological innovations, which have brought the facilitation of human labor and a tremendous price to pay. As a consequence, the use of machinery has caused the over-extraction of fossils and overproduction of fossil derivatives due to the human inability to designate limits and predict possible outcomes. Second of all, again, the use of machines that simplify human labor has brought us to a point when the level of chemicals emissions is exceeding the amount of such that our environment can process. Third of all, as a consequence of the previous two, green gases are not worked up by nature and deposit in the atmosphere. This causes sun radiation accumulation and global warming and leads to glaciers melting. As a conclusion, I would like to underscore the urgency of the implementation of sustainability means that can, at least, decelerate the decay and disturbance of natural balance. Without it, humanity might never get well after the mistakes of its previous generations. Sustainability Essay Example 2 (233 words) Sustainability is a contemporary word frequently used by mass media that has raised a clamor around the issues of water contamination, forest cutting-out and the devastation of habitats. Apart from being associated with ecological problems sustainability implies a more thorough context. So, what does it means and what should people understand when hearing this term? For starters, sustainability is a study of principles and norms elaborated to manage natural resources properly, so that they are preserved intact for future generations. Also, it means a practice of planning and elaboration of approaches and strategies that are aimed at sustaining an environment, coping with its challenges and adjusting society to the most efficient ways of human-nature interaction. If we take into consideration the dimension of natural resources management, then the subject is based on three main principles. The first one deals with the use of solar energy and finding a means of replacing old energy sources with new ones based on alternative kinds of energy. The second principle refers to biodiversity which unfolds approaches implemented to preserve and sustain the arts of biological organisms and their natural habitats. The third one regards cycling of chemicals in the atmosphere and their management, i.e., the reduction of abundance and increase of their lack. All in all, sustainability is a complex topic whose goal is to raise awareness about the ecological and social issue of the modern time. .ud11e057fc61cf63803b1117c99c6a73e , .ud11e057fc61cf63803b1117c99c6a73e .postImageUrl , .ud11e057fc61cf63803b1117c99c6a73e .centered-text-area { min-height: 80px; position: relative; } .ud11e057fc61cf63803b1117c99c6a73e , .ud11e057fc61cf63803b1117c99c6a73e:hover , .ud11e057fc61cf63803b1117c99c6a73e:visited , .ud11e057fc61cf63803b1117c99c6a73e:active { border:0!important; } .ud11e057fc61cf63803b1117c99c6a73e .clearfix:after { content: ""; display: table; clear: both; } .ud11e057fc61cf63803b1117c99c6a73e { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud11e057fc61cf63803b1117c99c6a73e:active , .ud11e057fc61cf63803b1117c99c6a73e:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud11e057fc61cf63803b1117c99c6a73e .centered-text-area { width: 100%; position: relative ; } .ud11e057fc61cf63803b1117c99c6a73e .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud11e057fc61cf63803b1117c99c6a73e .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud11e057fc61cf63803b1117c99c6a73e .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud11e057fc61cf63803b1117c99c6a73e:hover .ctaButton { background-color: #34495E!important; } .ud11e057fc61cf63803b1117c99c6a73e .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud11e057fc61cf63803b1117c99c6a73e .ud11e057fc61cf63803b1117c99c6a73e-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud11e057fc61cf63803b1117c99c6a73e:after { content: ""; display: block; clear: both; } READ: Historic Preservation: Gentrification or Economic Development EssaySustainability Essay Example 3 (233 words) An environment is, as they say, a cradle of our civilization that has been nurturing humanity since its dawn. People have a moral obligation to put maximal efforts into paying it back by reasonably and sufficiently handling its resources. For this, our society has been struggling with implementing the laws of sustainability. Sustainability as a way of managing nature wisely deals with a variety of aspects, which are focused on anthropological implications since here the interaction of a human being and their environment is in the center of attention. The matter includes a few dimensions which create its core. The social aspect involves issues which directly influence the well-being of a group of people, the group’s response to certain natural forces and possible changes, which can be caused by such. The economic aspect is a business perspective on how to use nature as an accelerator of economic processes, on how to outline a business the way it won’t harm its environment. The environmental aspect is, certainly, the most known and discussed topic. It’s a reflection of a society’s intention on how to interact with, use and apply natural resources with a purpose of improving such a society’s well-being. To sum up, it’s needed to be mentioned that sustainability involves more than just the management of an environment. It’s a diverse and promising vector of adjusting human life to the demands of the modern age. Sustainability Essay Sample 4 (238 words) Every century establishes certain requirements for a person, which have a purpose of facilitating the process of the person’s adjustment to their environment. As of today, a human being is asked of leading a sustainable way of life, which implies that one has to be reasonable and consistent in their lifestyle regarding water use, cleanliness of surroundings, chemicals use, and emissions. So, what are the main traits of a sustainable person? First of all, such a person has a high awareness of their environment’s issues and is ready to make decisions aimed at such issues’ resolution and prevention from happening ever again. Apart from this, it involves social and private motivation to implement changes. Second of all, a sustainable person takes actions and applies them to their own life. This regards an everyday routine, e.g., wise use of water, saving of electro-energy (or switching to alternative energy sources), etc. Third of all, to make any action widespread and in this case sustainable attitude a social phenomenon, it has to be followed and ‘worshiped’ by a formidable number of people. For this reason, it requires informing others about the reason and value of living a sustainable life by those who already lead such a life. Lastly, sustainability should not be regarded as an invention of our technological era. Its purpose is to learn how to live with nature in peace and preserve its gifts for our children.