Saturday, February 29, 2020
Answer questions Essay Example | Topics and Well Written Essays - 250 words - 17
Answer questions - Essay Example As a result of different environmental conditions between Earth and Mars like absence of plate tectonics in Mars, the Olympus Mons cooled forming slopes that were 21km high. This is due to over a million years of cooling. There are several volcanoes on earth that match the characteristic of the Olympus Mons although they are not as big. A good example is the Mauna Loa volcano in Hawaii. This is the greatest volcano on the planet Earth despite being oversized almost three times by the Olympus Mons. Mauna Loa is also classified as a shield volcano and its 9km in height and 120km across. However, a volcano the size of Olympus Mons cannot be found on Earth because of unsuitable condition for such formations. Radiometric dating is the process of analyzing the radioactive elements in a rock so as to determine its age (Weins, 2002). This dating method is based on the knowledge of radioactive decay whereby an unstable element (parent) breaks down by giving of electrons, neutron or protons to form a new daughter isotope (same element but with different atomic mass). Each particular unstable element takes a predictable amount of time to decay from a parent to a daughter element called half-life (Weins, 2002). The knowledge of the half-lives of different element can enable scientist to determine the age of a rock. This dating technique is most suitable for igneous (volcanic) rock with radioactive elements whose half-lives are known. The presence of different radioactive isotopes in the rock has brought forth the existence of many radiometric techniques each depending on the isotope in question. A scientist can opt to analysis abundant unstable elements found in rocks. Elements like Lutetium-176, Uranium-238, Uranium-235, Rubium-87, Potassium-40, and Carbon-14 are preferred because of their instability, abundance, and known half-life (Dickin, 2005). This method calculates the age of rocks between 100,000 years to above 3.6billion
Wednesday, February 12, 2020
Red Capitalism Book Review Essay Example | Topics and Well Written Essays - 1000 words
Red Capitalism Book Review - Essay Example It also gives readers an idea of how government runs Chinaââ¬â¢s financial system and state-owned enterprises. It is interesting to note that unlike other developed countries, China tends to have a political system that is not stable. Renminbi is also not a convertible and internationally recognized currency. Chinese is also known for its high-context culture. It is hard to control and manage businesses without intervention by the party or government. It is claimed, ââ¬Å"The Party is able to ensure its control over Chinaââ¬â¢s most powerful business groups by having the power to appoint their top managementâ⬠(Walter and Howie 193). The authors also point out how China wants to reform its financial systems in order to connect with other international firms and banks to attract investors to come by implementing international reporting standard. Chinaââ¬â¢s economy in past 30 years definitely has grown from the primitive one to a more modernized and internalized one with effort of American investment bankers and implementation of international accounting, financial, legal system. Indeed, China is now proudly represented by 44 companies on the Fortune Global 500 list (Walter and Howie 11). The financial system is dominated by four big banks, which include Bank of China, China Construction Bank, Agricultural Bank of China, and Industrial, and Commercial Bank of China. These four banks also control 45% of Chinaââ¬â¢s total financial assets. The Party wants these banks to support the SOEs in all circumstances (Walter and Howie 47). Banks are the main tools for the party to facilitate countryââ¬â¢s economy growth. Bank lending and indirect financing seems to be the only way to achieve GDP growth and attract foreign investors. Surprisingly, the Big 4 banks increase their lending at nearly 20% per annum (Walter and Howie 51). The Party tells the bank to loan to the SOEs, but it seems that it is unable to tell the SOEs to repay the loans (Walter and Howie 47). Therefore, the balance
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