Supersaturated or Supercooling Definition

Supersaturated or Supercooling is the condition in which a liquid has been cooled to a temperature below that at which crystallization normally would occur, without the solid resulting. Example of Supercooling or Supersaturated   Water may be supercooled or supersaturated several degrees past its freezing point without ice forming, as long as no dust or other crystallization points are available.

How The Eurozone Crisis Is The Highest Level Of Public...

Greek crisis I n recent times, the Subprime mortgage crisis in the US seems to have metamorphosed into the Euro crisis. Since early 201 0, the Eurozone has been facing a major debt crisis. Such countries as Greece, I reland and Portugal have accumulated unsustainable levels of government debt. I n order to avoid the default they had to ask other European countries and the I nternational Monetary Fund ( I MF) for loans. (Nelson, Belkin and Mix, 2011). Analyzing the Eurozone crisis it is true to say tha t Greece has the highest level of public debt in the Eurozone as well as one of the b iggest budget deficits. (Nelson, Belkin and Mix, 2011). However, the high level of public d ebt does not always lead to a catastrophe as in a Greece’s situation. Academics suggest that â€Å"public debt is a positive variable of economic growth until it reaches level, which is un ique for every country†. One of the good examples is Japan with its highest debt to GDP rati o compared to all developed countries (198%) and its strong external economy which allows Japan to borrow more than any other developed country. The possible explanation is that too high debt levels result in difficulties to refinance it, reducing GDP and even the possibil ity of the default. (Ribeiro, Vaicekauskas and Lakstutiene, 2012). I t should be noted that Greece has been at the centr e ofShow MoreRelatedSpanish Financial Crisis1063 Words   |  5 PagesSpanish financial crisis Introduction (source: Wikipedia) The 2008–2010 Spanish financial crisis is part of the world economic crisis of 2008. In Spain, the crisis was generated by long term loans (commonly issued for 40 years), the building market crash which included the bankruptcy of major companies, and a particularly severe increase in unemployment, which rose to 13.9% in February 2009. Spain continued the path of economic growth when the ruling party changed in 2004, keeping robust GDPRead MoreThe International Monetary Fund ( Imf )1310 Words   |  6 PagesIn the last chapter we looked at how incompetent and politically driven economic policy making drove Europe into prolonged recession and high unemployment. The financial crises and fear of a meltdown slowed world economic growth considerably. In October 2010, the International Monetary Fund (IMF) projected 4.6 percent growth for the global economy in 2013; it ended up being just 3 percent. This difference may not seem like much, but in terms of lost output it is more than $800 billion, and it isRead MoreGreece : The Greek Debt Crisis Essay1757 Words   |  8 PagesBryan Wombles ECON 592 FALL 2016 The Greek Debt Crisis Explained The roots of Greece’s economic complications spread deep down into the recesses of history. In 2001, these deep rooted issues were forgotten and hid from the rest of the Eurozone after the government joined the Eurozone by dropping the Drachma and adopting the Euro. The initial adoption of euro by entering the Eurozone, Greece’s economy grew rapidly on average of 4% annually, a rate extremely alarming for the sure fact that it wasRead MoreSovereign Debt Crisis7683 Words   |  31 PagesLiterature Review Corporate Finance 307 European Debt Crisis in Greece Group Members: Arivendran Baskaran 7e0a7767 / 15474140 Jordan Leong Yew Henn 7e0a7574 / 15544519 Joslyn Jong Siew Yi 7E2B1252 / 16519725 Tutor’s Name: Alpha Anak Ngadan Tutorial Day and Time: Wednesday 8am-9.30am Semester 2, 2013 - Miri Campus Abstract The sovereign debt crisis in Greece has attained several controversial bailouts which has caused a huge fuss to the Greek citizens and the tension of politicalRead MoreHow The Eurozone Crisis And Euroscepticism Have Ended The Enlargement Dream2318 Words   |  10 PagesEnlargement: How the Eurozone crisis and Euroscepticism have ended the enlargement dream† Introduction While the European Union has recently expanded to welcome Croatia in 2013 and seven more countries ranging from Iceland to Turkey to Montenegro have applied for accession , my paper argues that the European Union will not expand due to the effects and legacy of the 2008-2009 Eurozone crisis as well as the unfettered growth of Euroscepticism and right-wing parties. The Creation of the Eurozone TheRead MoreAmerica s Largest Currency Changeover Occurred3683 Words   |  15 Pagesinvolving banking sectors, retailing companies and the overall public of the Eurozone. So how did this politically sound concept result in what can only be described as widespread economic turmoil? Of the member states, Portugal, Ireland, Italy, Greece, and Spain (PIIGS), have been the most condemned for their actions in the run-up to the crisis. Five years on, there are continued discussions of a possible exit of Greece from the Eurozone or Grexit, bringing into question the true stability of aRead MoreEurocrisis3376 Words   |  14 Pages2 I. European integration pre-crisis 2 Paris Treaty 2 Rome Treaty 3 Maastricht Treaty 3 The European Integration through a Single Currency 4 TRANSITIONAL STAGE 1999-2001 : Official launch of the EURO 4 II. The Euro-crisis 5 The EURO Crisis: Timeline of the Events 5 2001-2008 5 2009 5 2010 5 2011 6 2012 7 The EURO Crisis: The result of a failed European Integration. 7 III. Redefinition of the European Integration 9 Addressing the Crisis through remedies 9 New rulesRead MoreEuro Crisis2929 Words   |  12 PagesEUROPEAN DEBT CRISIS – ORIGIN, CONSEQUENCES AND POTENTIAL SOLUTIONS F RA N TI Ã…   E K N E M E T H Abstract What is the European debt crisis? As the head of the Bank of England referred to it in October 2011, it is â€Å"the most serious financial crisis at least since the 1930s, if not ever.†1 In fact, the European debt crisis is the shorthand term for the region’s struggle to pay the debts it has built up in recent decades. Five of the region’s countries – Greece, Portugal, Ireland, Italy, and SpainRead MoreThe Eurozone Is A Serious Sovereign Debt Crisis Essay3374 Words   |  14 PagesAbstract The Eurozone is facing a serious sovereign debt crisis. Several Eurozone member countries have high, potentially unsustainable levels of public debt. Three—Greece, Ireland, and Portugal—have borrowed money from other European countries and the International Monetary Fund (IMF) in order to avoid default. With the largest public debt and one of the largest budget deficits in the Eurozone, Greece is at the centre of the crisis. The crisis is a continuing interest to Congress due to the strongRead MoreExecutive Summary Before adopting the euro as the official currency in 2001, Greece was one the3400 Words   |  14 Pagesstate later fell into financial crisis, which has not only affected Greece’s government, but also the entire European countries and their trading partners, such as the United States. Therefore, the Greece financial crisis has become a global concern with the United States Congress, making it a continuous concern brought about by trading partnership, United Banks exposure, and the involvement of the International Monetary Fund institutions. The Greece financial crisis could have been controlled, had

American History II Free Essays

One of the wonders of the modern world is the influx of modern ideas and the continuing improvement of the quality of human lives. The contemporary society caters to the innovations on the lifestyles and needs of people. Due to the inevitable changes in the needs of people and the creations of their productive and innovative minds, they develop dwellings that fit people’s needs. We will write a custom essay sample on American History II or any similar topic only for you Order Now As a result, cities have been created and are continuing to grow with the process of industrialization and modernization. Cities render various advantages to its settlers. One of its main advantages is the promotion of commerce. The degree of civilization and knowledge existing in a country can be estimated through the proportion of the population living in the towns and cities. In cities, the different aspects of the city is developed and improved. There are also people offering the same trade and services. Thus, there is infinite rivalry, which leads to improvement (Dana, 1848). Cities were originally founded by individuals who congregated for the purpose of national protection and defense. However, in countries with well established governments, men only resort to settling in the urban due to its advantages. The high scale and affluence of the business transactions in cities could not be found elsewhere. Furthermore, the subdivisions of employments offer various fields of exercise in different skills and talents (McCulloch, 1852). As a result, cities became the center of political and economic freedom. In the medieval era, cities were concentrated by entrepreneurs who profited from the restrictions of the lords and the vassals. Nowadays, cities are also the center of the political and economic arena (Lachmann, 2002). The development of cities also has negative implications. The increasing concentration of the population in cities tends to congest the dwelling and cause little social and economic mobility. High concentrated places are also characterized by poverty due to the numerous structural factors in the urban environment (Gilbert, 2004). In addition, the standard of living becomes low, and people are having a difficult time in seeking for employment due to the numerous people seeking for jobs. Urbanization also poses a threat to the environment, industries and factories continue to grow and come out that may bring substances and elements noxious to our environment (Gilbert, 2004). Due to the growing problems brought by urbanization and congesting cities, the U. S. government began its attempts to address these problems through the implementation of various programs which aim to help the citizens in the cities. They improved their healthcare and social welfare to help people without homes and employment. They also strengthened the laws which aim to protect the people and the environment in the noxious effects of urbanization. References Dana, W. B. (1848). Merchants’ Magazine and Commercial Review. New York: Published At 142 Fulton Street. Gilbert, M. A. (2004, April). More than job creation: A case study of empowerment zones and opportunities for economic mobility (Abstract). Paper presented at the annual meeting of the The Midwest Political Science Association, Palmer House Hilton, Chicago, Illinois. All Academic. Retrieved August 11, 2008 from http://www. allacademic. com/meta/p83598_index. html. Lachmann, R. (2002). Capitalists in Spite of Themselves. New York: Oxford UP. McCulloch, J. R. (1852). A Dictionary, Practical, Theoretical, and Historical, of Commerce and Navigation. London: Longman, Brown, Green and Longmans. How to cite American History II, Papers