Essay Example | Topics and Well Written Essays - 2000 words - 19

Essay Example Scuba diving often assists in enabling shallow investigations. Earlier people used to restrain their breath while diving. In this way they used to hunt underwater creatures like fish. This was called free diving. Many competitions were also held around this theme. Accompanied with the technique of scuba diving the use of eco sounds helped in exploring the seabed. (Reed, 2009) Though men have interacted with the ocean since time immemorial, visual exploration of the seas were possible with the advent of scuba diving which made use of breathing apparatus to be carried for diving underwater. Helmet diving and diving bells in addition helped a diver to stay below the waters for long and explore the depths. These helped the scuba divers to adapt to the changes in the pressure and the physiology in order to hold back death. Thus scuba diving has a profound application in the world of marine science. The main idea is to carry self-contained underwater breathing apparatus (SCUBA) instead of depending upon air pumped from the water surface (Bhootra, n.d., p.96). Using breath-holding processes these divers manage to remain underwater for a long time. Thus apart from recreation, scuba diving’s application in different fields of science related to the marine world makes it an indispensable part of science and technology in the topical time with an ever-expanding knowledge base. Studying this area would be interesting especially with the aim of understanding its application in the world of science and discoveries. Dr. Lamberstein who was the pioneer of scuba diving apparatus initially built the LARU (Lambertsen Amphibious Respiratory Unit) and undertook the first close circuit scuba dive in New York. 12 dives were undertaken and Dr. Lamberstein during one of the dives underwent an attack of oxygen toxicity. The instruments

Macroeconomic Objectives and Problems Essay Example | Topics and Well Written Essays - 1250 words

Macroeconomic Objectives and Problems - Essay Example During this period it was clear that UK has been relying on ever-increasing levels of debt from booth private and public sectors. Macroeconomic situation during from this period has been characterized with instability in economic growth as well as high inflation rates, which have caused a reduction in real incomes (HM Treasury, 2012). Due to increased inflation rates, UK’s macroeconomic situation has exhibited weakening recovery of the economy. Inflation as identified is attributed to the 40% rise in the oil prices. In addition, there has been increasing instability and uncertainty resulting from euro area crisis, which has so far resulted into reduced confidence amongst households and firms (HM Treasury, 2012). Consequently, this has continued to worsen the macroeconomic situation within the UK. Even though there have been serious adverse effects of the 2008-2009 financial crisis, UK’s economy grew by approximately 0.8% in 2011 (HM Treasury, 2012). With manufacturing o utput growing by 2.0%, the overall GDP unfortunately fell by approximately 0.2% in 2011 thereby indicating instability in the macroeconomic growth (HM Treasury, 2012). ... (pp. 8-15) what is the concept of "fiscal sustainability" and why is it important in the budget strategy? (pp. 7-9) how effective are current policies likely to be? (pp. 18-21) In order to attain the four main objectives of macroeconomic, full employment, stable economic growth, favorable balance of payments, as well as stability in general prices, the UK government develop various strategies. Some of the current macroeconomic strategies developed include (HM Treasury, 2012): Strategies for making public finances attain a sustainable position in addition to developing fiscal targets for the government. This strategy is to ensure that other than stability within the public finances, UK’s economy will have fiscal policies that are credible enough to provide or caution against low long-term interest rates. Activating monetary policies within the economy in order to meet inflation targets whiles also enhancing availability of credit to various individuals and business entities tha t amy wish to privately engage in investment. Carrying out reforms within the financial sector. Such reforms are aimed at building resilience of the financial system whilst ensuring that there is reduced risk to the taxpayers within the economy. Strategically reforming tax in order to make the economy a competitive place that attracts business entities. With such attraction, UK will have more business entities creating more employment opportunities in a bid to attaining full employment macroeconomic objective. Rebalancing and strengthening UK’s economy for future purposes thorough The Plab for Growth. This will include a more lucrative package for investment meant to not only boost economic growth but employment status of the nation. 3. What were the main fiscal measures