Political and Social Analysis of America Essay Example | Topics and Well Written Essays - 1250 words

Political and Social Analysis of America - Essay Example This took place from the earlier 15th Century. Moreover, the 15th century saw a great increase in African immigrants, who the explorers brought in to America as slaves (Vigdor 184). However, after the end of slave trade, these Africans settled in America to raise the Afro-American race. Immigration to the US still exists even today. Besides, the US also has illegal immigrants. This manuscript will look into these US immigrants, considering the factors and impacts of their immigrants. Factors that Led to the US immigration settlements Various factors led to the immigrants settling in the US. For instance, due to the increase in industrialization, most of the immigrants’ home nations failed to provide them with employment opportunities (Coates 83). Conversely, the US provided these immigrants with better working conditions and increased wages. Consequently, these immigrants had to settle in the US. Additionally, some immigrants settled in America as a result of natural calamitie s. They left their home nations as they escaped from disasters such famine, drought and other adverse weather conditions. For instance, most Irish immigrants to the US came because of the potato famine. Some American government policies also resulted in an upsurge of these immigrants. In the mid 1800, the US government passed a bill that gave the settlers over 150 acres of land. This resulted in an increase in the number of immigrants, since their driving force was the free land on offer. Many immigrants settled in America based on their own free will. However, some former immigrants came to the US through force. For instance, the African American settlers came into America as slaves that provided inexpensive labor and also helped during wars. Moreover, some illegal immigrants settled in America because of political unrest and peace in the US. Nations such as China, Germany, Cuba, and Russia and others faced various forms of political instabilities and their citizens had to move to the US where there were peace and better policies (Vigdor 185). Moreover, the US had enacted regulations that encouraged foreigners into settling in the land, since they were in serious need of both skillful and non-skillful employees to drive their growing economy. Effects of the Immigrations to America Positive Effects Some natives liked the idea of the immigrants settling in the US, citing that they provided cheap labor that steered economic growth (Coates 83). However, others opposed this idea, claiming that the immigrants were the core reasons for their labor problems. As a result, there were positive as well as negative consequences that resulted from the immigrations. Among the positive impacts of these migrations included the cheap and readily available workforce (Coates 84). The immigrants provided inexpensive skilled and unskilled labor, thereby improving the productivity of most companies, resulting from lower production costs. This in turn led to reduction of the prices of goods and services, and thus it improves the lives of both American natives as well as other immigrants. Besides, immigrants have resulted in a significant population increase in America. Despite the fact that an increased population leads to other negative implications, the huge population also comes with its advantages. For instance, the large population provides the US with a steady market for the goods and

Islamic economy Essay Example | Topics and Well Written Essays - 1000 words

Islamic economy - Essay Example Throughout the Muslim nations, the comprehension was nothing was lawful about banks (Thomas 4). The modern setting of Islamic banking began in the 1960s in Egypt; nevertheless, this attempt was unfruitful and limited to certain contemporary setting. There were two events that triggered and spread the development of Islamic economy. The first event was the OPEC oil crisis as it was referred to in the west; however, unlike in the west, quotas and increased oil prices resulted in increased GDP per capita in the oil-producing Islamic nations. This resulted in increase of gross savings, consumption and most significantly demand for a banking system fit with Islamic regulations for devout Muslims. The second trigger was the Islamic revolution in Iran because it inspired the Iranian government to require a banking system that complies with Islamic sharia’a laws (Thomas 55). Recognition of non-western economic thought remedied the prevailing ignorance in the west regarding contributio n of Arab-Muslim thinkers in economics. Islamic economists criticized the assumptions upon which conventional economics based and their policies. Islam emphasizes communal responsibility and harmony of the Muslim nations or Muslim community. Islamic economists associated utilitarian to hedonism, which they considered as a replacement of the moral values. Unlike Marxist approach to remuneration that considers labor as a source of value; Islamic economists identify the legitimacy of rental income together with profits. With inbuilt deepness and breadth of Islamic commercial law, current jurists find realistic and hypothetical jurisprudence upon which to draw solution when confronted with disputes of the contemporary marketplace. The initial few decades of modern Islamic economy was a period of revival and the last decade has been an era of significant innovation. Modern Muslim jurist provide sharia’a-compliant solutions to the expanding spectrum of needs. Toward the end of the 1980s, the situation began to change with Islamic and banking and economy growing beyond the expectations of Islamic economy supporters. Since then, Islamic finance has become a growth industry with several multinational banks and asset management companies taking interest in the development of Islamic economy (Thomas 5). Within the banking and finance industry significant developments began with the significant reason being the progress made by Muslim jurisprudence to, understanding the modern business of commerce and applying sharia’a principles. An additional reason was the development of facilities by sharia’a boards with normal contracts allowing Islamic economies to be at ease with the novel organization. The renewal of Islamic commercial energy led to the development of cooperation and helpful interactions between Muslims and people with different religious backgrounds. Acceptance of sharia’a in Islamic economies does not lead to rejection of tools necess ary for economic analysis; rather, it implies evaluation of economic policy with moral perspective according to religious teachings (Thomas 8). Apart from oil and gas-rich states, many Muslim economies are either low or middle-income developing nations, where often