Response 29 Essay Example | Topics and Well Written Essays - 250 words

Response 29 - Essay Example This was a fascinating yet a weird thought since, â€Å"how would that relate to the child’s emotional and intellectual development?† (Cranny-Francis 163). I have a penchant for kids, and still also cultivating my pathway to be a school psychologist, which makes me cringe at the thought of such an idea since it sparks disillusioned outcomes of the development of technology. This is because babies require the motherly tender touch for them to develop a streak for social interrelations as well as other essential behavioral traits. The upsurge of such a technological set-up would be tantamount to prioritizing technology than the relations with our close people such as family, friends and acquaintances. Nonetheless, the article, â€Å"Enhancement Technologies and the Body,† by Hogle cites some affirmative prospects about the technological enhancement of body parts. The article asks, â€Å"What might enhancement mean in a poor society where an artificial limb specially designed for working in rice fields or a bicycle designed to provide mobility means the difference in a person’s ability to make a living?† (Hogle 701). The example of technological development given is an archetype of the obscurity about the outcomes of the steady progress of

Financial markets and institution Essay Example | Topics and Well Written Essays - 750 words

Financial markets and institution - Essay Example A good combination of a well-developed financial market and a diversified financial instrument and products sufficiently provides for the needs of lenders and borrowers, and hence improve the overall economy. For instant, financial institutions like banks have special roles to play for multiple companies that are in need of funds. Banks can contribute to prevent the effect of a sudden economic shock that might affect their customers. The banking industry always stands ready to provide their clients with financial aid even in difficult circumstances, like when the liquidity of financial market dries up. They are the financial intermediaries that add cost to the allocation of capital. In addition, some economic projects can be financed by financial institutions such as banks in cases where the market cannot finance such projects. Big financial markets which have lots of financial and trading activity ensure that more liquid funds are provided to the market participant than in smaller markets. Most assets of financial market are liquid which may sometimes have secondary market to ensure that the existing financial asset transfer occur at a very low cost (Willem, 2001). The effective flow of finance in a given market ensures that the market participants are able to provide their goods and services effectively and therefore ensures an improved economic growth of the given country. Commercial banks are the most diversified and largest financial intermediaries due to the enormous range of liabilities and assets that they hold. Most of their liabilities are always in the form of saving deposits, time deposit and various types of checks. The type of assets that commercial banks hold are the securities of the various denominations and forms, which include consumer loans, mortgage loans, loans that are given to the state and the local government. These banks are the most