INTB300 Essay Example | Topics and Well Written Essays - 250 words

INTB300 - Essay exerciseThe author believes that while education is major element that is able to promote these ideals, it can, at the same meter become a tool for the vested interest to play havoc with the lives of the innocent people. The financial scams, terrorism, child insult etc. are few instances of misuse of education at its worst.Globalization has become an intrinsic quality of contemporary social structure which needs to be understood for its wider ramifications on various spheres of human life. Indeed, diachronic events have been great facilitators to understand the change. One therefore must make efforts to understand the complex constitution of changing social values and adopt them in their lives so as to exploit them for ones own personal and professional growth.The current recessive trend in American economy is practically contributed to President Reagans market policies and liberalization. But it is important to note that deregulation of banks was the major fac tor that had promoted riskier cable propositions. It was during President Clintons administration that banks deregulation bill was passed. Hence, sub-prime loans of banks for housing had ultimately resulted in the collapse of American economy. Thus, one can say that economic reforms must be accompanied by effective administration control