Overview Of Mergers And Acquisitions

Overview Of Mergers And Acquisitions The literature has observed and increasing investigation about MA in the las two decades Appelbaum et al., 2007 in response to a lot of MA activities along side with the complex situation that appear from the interaction of two parties (Gaughan, 2002). Definition of MA, in a broad sense, may be implied to many different type of transactions from alliences, purchase, cooperation, joint ventures, management buy-out nad buy-in, change of legal form and even restructuring (Picot, 2002, p.15). However, , Nakamura (2005) argues that using broad definitions could cause confusion and incorrectly comprehend everything from strategic alliances to pure mergers. Therefore, a narrower sense of MA definition is adopted as below. Merger is the creation of new holding company by combining of two firms (European Central Bank, 2000, Gaughan, 2002, Jagersma, 2005). Acquisition is purchasing shares or assets from another company in order broaden the influence of the management(European Central Bank, 200 0, Chunlai Chen and Findlay, 2003), when mutual agreement might not be necessary. Types of MA According to Nakamura (2005, p.18) Mergers are referred to as two types of merger by absorption or merger by establishment (Chunlai Chen and Findlay, 2003, Nakamura, 2005). The absorbing merger happens when one company buys all the stocks of another and the absorbed company stops from existing whereas Establishment merger happens when both firms merge to create a new one while the combined firms are dissolved (Chunlai Chen and Findlay, 2003). Moreover, Nakamura (2005) considered the merger by absorption as as de facto acquisition. Thus the term consolidation could also be used to refer to merger by an establishment (Gaughan, 2002). In acquisition, the acquiring company may try to acquire certain shares or assets of the target company. As a result, here are two type of acquisitions: Firstly, the assets acquisition (Chunlai Chen and Findlay, 2003) which occurs when a firm buys all or part of the target firms assets while the target firm stays as a legal entity after the process. Secondly, the share acquisition when a firm buys a significant share of stocks in the target firm which provides them managerial influence in the target company. Moreover, depending on the amount of acquired share of stocks then the acquisition is again classified into three types: (1) majority (50-99%), (2) minority (less than 50%) and (3) complete take over (100% of targets issued shares) (Chunlai Chen and Findlay, 2003, Nakamura, 2005). In fact, acquisitions and mergers are distinct with different outcomes regarding tax liabilities, legal obligations and acquisition procedures (Marren, 1993). However, there is not attempt to separate the acquisition transaction from the merger when speaking about the final outcomes when companies combine together. MA can be named Vertical, Horizontal o r Conglomerate (Gaughan, 2002, Chunlai Chen and Findlay, 2003). In horizontal mergers and acquisitions, the acquiring firms and the target firms are competing companies in the same field. Chunlai Chen and Findlay (2003) argues, because of the international restructuring of many industries, horizontal MA observed a rapid growth in recent years in response to liberalization and technological change. These figures are seen in industries like automobile, petroleum and pharmaceutical. A good example of mergers and acquisition in this category is the US76 Billion Dollars Merger between two enormous pharmaceutical companies, Smithkline Beecham and Glaxo (MANDA, 2007). Smithkline Beechams former CEO Jan Leschly, said, the aim of this transaction was RD synergy in order grab opportunities to drive high revenues since new technologies are emerging rapidly in this particular industry (Carey, 2000 in Harvard Business Review, 2001). However, the combination of companies in buyer-seller or client -supplier relationships is the Vertical merger and acquisition. Transaction cost and uncertainty is being reduced when the two involved firms downstream and upstream linkage within the value chain and to create benefits in the economic scope (Chunlai Chen and Findlay, 2003). Lastly, firms may try to reduce risks and achieve economies of scope by practicing conglomerate MA where the involving firms have different types of businesses. A good example is when General Foods in 1985 was acquired by Philip Morris for value of US5.6 Billion Dollars (Gaughan, 2002). Furthermore, Mergers and acquisitions can be called hostile or friendly'(Chunlai Chen and Findlay, 2003). The transaction is friendly when the board of executive of the target firm agrees to it. On the contrary, the transaction is considered hostile when it is done against the wishes of the target company board. Last but not least, MA can be also classified as cross-border or domestic with regards to where the involved firms are based or operate their work. In Domestic MA the involved companies come from the same country and operate within that same economical region or country. Accordingly, the cross-border MA are two companies are situated in different economies, or the two companies are working in the same economy but they belong to different countries (Chunlai Chen and Findlay, 2003). Appelbaum, S.H., Lefrancois, F., Tonna, R., and Shapiro, B.T., 2007. Mergers 101 (part two): training managers for culture, stress, and change challenges. Industrial and Commercial Training, 39 (4), 191-200 Gaughan, P. A., 2002. Mergers, Acquisitions, and Corporate restructuring. 3rd ed. New York: Picot, G., 2002. Handbook of international mergers and acquisitions: Preparation, Implementation and Integration Nakamura, H.R., 2005. Motives, Partner Selection and Productivity Effects of MAs: The Pattern of Japanese Mergers and Acquisition. Thesis (Ph.D.), Institute of International Business, Stockholm School of Economics. European Central Bank, 2000. Mergers and Acquisitions involving the EU Banking industry Facts and Implications [online]. Available at www.ecb.int/pub/pdf/other/eubkmergersen.pdf [Accessed 1 October 2007] Gaughan, P. A., 2002. Mergers, Acquisitions, and Corporate restructuring. 3rd ed. New York Jagersma, P. K., 2005. Cross-border acquisitions of European multinationals. Journal of General Management. 30 (3), 13-34 Chunlai Chen, Z., and Findlay, C., 2003. A Review of Cross-border Mergers and Acquisitions in APEC. Asian-Pacific Economic Literature, 17 (2), 14-38. Marren, H., 1993. Mergers and Acquisitions: a valuation handbook, Business One Irwin, Homewood, Illinois Institute of Mergers, Acquisitions and Alliances Research, 2007. Top Mergers Acquisitions (MA) Deals [online]. Available at http://www.mandainstitute.org/en/statistics-top-ma-deals-transactions.htm [Accessed 10 October 2007]. Investopedia ULD, [no date]. Advisor [online]. Available at http://www.investopedia.com/terms/a/advisor.asp. [Accessed 15 October 2007] Harvard Business Review, 2001. Harvard Business Review on Merger and Acquisition. U.S.A: Harvard Business school Publishing Corporation Motives and objectives of MA: Understanding the objectives of an MA can be shown in two perspective. These objectives are to fulfill managerial influence or to maximize the shareholders wealth. In the perspective of maximizing the shareholders wealth, the main target behind the transaction between the two companies is to create a maximization of wealth for the shareholders. This happens when the net current value of the investment is in a positive trend. Thus, the other managerial perspective of the MA can happen in order to maintain growth, risk diversification, use of previous skills and abilities and to avoid being taken over (Sudarsanam, 1995). The literature on MA has a significant effort in analyzing the motive behind its transaction. ON the other hand Trautwein (1990) and later Cox (2006) they made a good summary with different theories that you can see in the table below. The suggested motive under different theories, Trautwein (1990) mentioned that MA creators refer to value creation and the synergy in order to justify the MA action. Trautwein (1990) also mentioned that is little evidence found about the implied motive in both research and practice by the raider theory process. He also taped into the disturbance theory but it has no consideration for this dissertation as it is on macro-economic level rather that micro-economic. However, Gaughan (2002) explains MA motives in a more practical way by referring many theories supported with multiple case studies. So Gaughan has four main motive for the MA: MA is a mean for the companies to grow rapidly. Economic gains and return are hoped to be achieved by the MA firms Creating a large firm with the MA to gain a better market access which can promise lower capital cost and other financial benefits. Creating gains by applying a more superior managerial influence on the target business. Thus, it can be concluded that all the authors had common sense that motives can vary between different MA deals and it is difficult to simply justify with a singe theory or approach. Sudarsanam, S. (1995). The essence of mergers and acquisitions. Hemel Hampstead: Prentice hall Cox, R. A. K., 2006. Merger and Acquisition: A Review of the Literature. Corporate Ownership Control, Spring, 3 (3), 55-59 Trautwein, F., 1990. Merger Motives and Prescriptions. Strategic Management Journal, 11 (4), 283-295 Gaughan, P. A., 2002. Mergers, Acquisitions, and Corporate restructuring. 3rd ed. New York C:UsersJohabDesktopimage.png Challenges and problems of MA: According to Smith (2003),after analyzing many cases he argues that many MA s fail to achieve their objectives. Every firm has a unique culture, but there can be similar things between two firms depending on the company management, vision, size and objectives. However, when two firms will merge under one management, the organizational culture becomes a serious problem that needs to be dealt with. Challenges arise in MA from leadership,communication and cultural differences and not only from legal or financial problems. However, tremendous studies suggest that the success factors of MA mainly depend on culture. Moreover, managers should have awareness about the difference in culture between organizations and avoid the problems by maintaining good communication with the employees, stakeholders and customers (Dell et al. 2001, Kelly et al. 1999, Kearney 1999, Booz-Allen Hamilton 2001 inPautler 2003). Thus, many mergers fail during the integration process. This normally results due to cultural differences, management, strategy, lack of clear vision and communication delays (Nguyen, Kleiner 2003). So the challenges can be in three different parts: 1-Individuals: Whatever is the change in a company like routine or drastic like a merger, is always about the people(Todnem, 2005). The human factor in mergers and acquisitions in recognized as a very important base for it success (Boaten, 2006). The reason is that these individuals are the breathing and living organisms who bring life and prosperity into the company. They create the firms unique culture which is in its industry, management and nationality etc. Thus, this is a reason why persuading these people is very important to achieve the organizational goals and the desired synergy by the MA. Accordingly, Individual face many challenges during the MA. Some of the staged based on Fishers work the personal transition curve can be identified as follows. A-Fear of the unknown and anxiety: When the the short-term plans for the future are not clear, that brings anxiety for the employees which creates the fear of the unknown. Therefore, they will try to resist the change. B-Stress and threat leading to the depression: The lack of communication makes the individual feel lost and makes it impossible for them to understand their standing. Feeling ill or doing it as an excuse for a long absence from the company. Fear of the change and the involved uncertainty makes the employees feel threatened from the future and their job security. This even makes the employee look for different jobs instead of focusing on their own. Eventually the production goes down rapidly and the synergies start to dissolve. c-Integration and Acceptance: When the employees start accepting the facts and change gradually, integration takes place incrementally. Thus, through the process there will be increasing in the employee turnover which also causes a decrease in the intellectual capital and can lead to MA failure. 2-Lack of effective leadership: Starting from top level management to lower level employees, they all become worried about their job security. This can cause a decrease in the employee commitment to their job and the company they work for and reduced satisfaction at work which leads to a weak performance. The managers also lose their trust and start hesitating to take decisions. Lack of trust leads to isolation from other teams and managers. This leads to breakdowns in communications and creating more anxiety for the employees who need a good confidence and leadership from the executives. Moreover, the doubt in the managerial abilities leads to more resistance to any change that happens during the MA. 3-Cultural clash: As mentioned above, the culture is a very important aspect in any MA.the cultural differences in managerial system and values cause many problems for the employee to adapt successfully which result a culture clash. The culture problem is a phenomenon that created the bases of all the resistance Nguyen and Kleiner(2003) from the commitment problems, increasing turnover of the staff, company structure and reduces productivity which ultimately leads to the failure of the MA. Pautler, P.A. (2003) The Effects of Mergers and Post-Merger Integration: A Review of Business Consulting Literature, Bureau of Economics Federal Trade Commission Nguyen, H., Kleiner, B.H. (2003), The Effective Management of Mergers, Leadership Organisation Development Journal, 24(8), pp. 447-454 Todnem, R. (2005), Organisational Change Management: A Critical Review, Journal of Change Management, 5(4), pp. 369-380 Londros, G., Boateng, A. (2006) The role of culture in the merger and acquisition process. Evidence from the European chemical industry, Management Decision, 44(10), pp.1405-1421 Banal-Estanol, A., Seldeslachts, J. (2011) Merger Failures, Journal of Economics and Management Strategy, 20(2), p.589-624

Cross Halving Joint

Cross-halving jointOlly Starling Collect 2 pieces of wood, soft would be the best, both of equal sizes. Divide each piece of wood into 3 accurate segments using an accurate ruler, use a pencil to draw the face side and face edge. Next use a tri-square to mark the half way mark on the side edge of both pieces of the soft wood. Use a Stanley knife to make a deep cut on the two pencil marks on the face sides of the two pieces of wood making sure to use a ruler to guide the knife – we do this so that the saw cuts later are very accurate.You’ll know if this is right if you place one of the pieces on top of the other making sure you can only just see the lines from the width of the wood. Now use a gauge to accurately mark the pencil lines made on the face edge making they are visible from the eye. Then using the grooves made by the Stanley knife earlier cut down the pencil line of face edge with a Tenon saw, saw down till you get to the gauge line you made earlier on face edg e.Then collect a bevelled edged chisel and manually work through the wood peeling of and mm a time remember to only go half way so you can spin the wood round and get an accurate cut leave about a mm before the gauge line so we can accurately use a Granny’s Tooth or router as its commonly known to gently peel off the final mm. Now the two pieces should slot into each other and you’re done, it should look something like this. Tools used. Tenon saw Granny’s tooth Stanley knife Bevelled edge chisel Guage

The Vietnam War Essay - 1053 Words

What were the varying responses from the â€Å"Allied† troops subject to Vietnam? The responses from the allied troops were mainly of hatred for the very harsh yet beautiful environment and an ambiguous response to the Vietnamese people. It is understandable the grudge troops held against a gruesome environment shrouded with innumerable killings in an alien culture, but the brutal racial discrimination perpetrated by Americans was still very prejudicial. There were, however, acts of kindness and charity to Vietnamese, yet at the same time, these glimpses of humanity were overshadowed by the greater bloody conflict. The varying responses of the allies were clearly evident through well-known films, stories and writers. Vietnam’s ever†¦show more content†¦This stylistically surreal film (shot in the Philippines) depicts the beauty of Vietnam mixed with the madness of war. Coppola captures the relaxing white beaches with palm trees and rolling waves, just so he can jarringly contrast peaceful nature to the suffocating, death lurking everywhere. The scene of the GIs water skiing disrupting a passing peasant boat metaphorically shows that in fact the Americans are the out-of-control intruders. Claustrophobic alien jungle has become the hellish backdrop for the gruesome killing machinery of war as represented by the â€Å"insane† Colonel Walter E. Kurtz who constantly repeats the word, â€Å"horror,† as he has been blinded by the cruelty of war. In addition, this film is riddled with racial discrimination towards the Vietnamese with cruel comments such as, â€Å"We must kill them. We must incinerate them. Pig after pig. Cow after cow. Village after village. Army after army .† Also the stereotypes to Vietnamese as â€Å"slopes,† â€Å"gooks,† or, â€Å"fucking savages,† portrays the overall dehumanizing attitudes of the Americans developed in Vietnam. The merciless scene where the ‘grunts’ literally rip to shreds the Vietnamese peasants on a sampan also further shows total disregard or respect for Vietnamese as humans. The films most memorable scene of a swarm of attack helicopters riding out of an orange sunrise, with choppers loud speakers blaring out Wagners Ride of the Valkyries, shocks with the Americans careless disregard as a peaceful villageShow MoreRelatedThe War Of Vietnam And The Vietnam War1525 Words   |  7 PagesThe war in Vietnam is The United States and other capitalist bloc countries supported South Vietnam (Republic of Vietnam) against the support by the Soviet Union and other socialist bloc countries of North Vietnam (Democratic Republic of Vietnam) and the Vietcong of war. Which occurred du ring the Cold War of Vietnam (main battlefield), Laos, and Cambodia. This is the biggest and longtime war in American history during the 1960s (Best 2008). It is also the most significant war after World War IIRead MoreThe Vietnam War On Vietnam1725 Words   |  7 PagesThe War on Vietnam Many believe that the way Americans entered the war against the North Vietnam communists was unjust. The United States got into a war that they had no clue on how to win. â€Å"The Vietnam War was a long, costly armed conflict that pitted the communist regime of North Vietnam and its southern allies, known as the Viet Cong, against South Vietnam and its principal ally, the United States. The divisive war, increasingly unpopular at home, ended with the withdrawal of U.S. forces in 1973Read MoreThe Vietnam War : Vietnam1170 Words   |  5 PagesBeyond Vietnam. The Vietnam War is one of the most traumatic episodes in the history of the United States. Not only because it ended with a defeat for the United States Army, but because unleashed the largest wave of protests in the country, in which the government lost support. Extended over more than a decade, between 1959 to April 30 of 1975, although the US intervened in 1965, in which American soldiers experienced in firsthand scenes of destruction and death. During the Vietnam War clashedRead MoreThe Vietnam War Of Vietnam920 Words   |  4 Pages1940’s Vietnam was trying to break free of French reign over their country. During this time period Vietnam was split into two parts, north and south. The Japanese had decided to take over Vietnam in 1942. They couldn’t capture all of Vietnam, so they decided to retreat. North Vietnam proclaimed independence on September 2, 1945 as the Democratic Republic of Vietnam. The State of Vietnam declared independence on June 14, 1949, but rema ined under French rule until August 1, 1954. South Vietnam was theRead MoreVietnam And The Vietnam War1711 Words   |  7 Pages â€Æ' The Vietnam War was one of the bloodiest wars in the history of Vietnam. Vietnam use to be a peaceful country until the idea of communism started spreading across Vietnam. Many wanted to stay democratic but saw what happened to the Germans and started to lean towards communism. Many also wanted to stay democratic and still had it hopes high that it will soon get their lives and economy back on track. It later exploded into a huge argument and then leads to a civil war spurring between NorthRead MoreThe Vietnam War Of Vietnam952 Words   |  4 Pageswords that describe the Vietnam War. The Vietnam War had 240 days of combat in one year. World War II had forty days of combat in four years(Interesting Facts). That statistic shows how rough the Vietnam War was. The fighting was constant between the two sides. This war was fought over politics and had many gruesome battles. Before the Vietnam war, Vietnam was in a revolution because they did not want to be ruled by France. Vietnam wanted to be independent right after World War II ended in 1945. JapanRead MoreThe Vietnam War Of Vietnam1534 Words   |  7 Pages The Vietnam War began November 1st, 1955 and ended April 30th, 1975. It was a long costly war that involved North Vietnam and their Southern allies, known as Viet Cong, against South Vietnam and its main ally the United States. This war was very unpopular at home and would end with the withdrawal of the United States and the unification of Vietnam under communist control. Many think of war as something that just men are involved in but very rarely do people think of the role of women in the warRead MoreThe Vietnam War Of Vietnam1573 Words   |  7 PagesA. The Vietnam War occurred from 1955-1975, this included the North and South fighting over government structure of the newly independent state of Vietnam, having recently become independent f rom France. However, the USA was in Vietnam as a sort of protection for the South Vietnamese people, who had a weaker army force, but only a few thousand Americans were in Vietnam for that purpose at the time. On August 7, 1964, the USA entered the war for the purpose of fighting the North Vietnamese due toRead MoreThe Vietnam War Of Vietnam2003 Words   |  9 PagesThe Vietnam War in Vietnam, Laos, and Cambodia lasted from November 1st, 1955 to around April 30th, 1975. The war was split up between two sides, North Vietnam, who were allied with the Soviet Union, China, and most of the communist countries during this time period, and South Vietnam, who were allied with the United States and many countries that were against the belief of Communism. Although the United States did not necessarily have to get involved in the war, they believed that they had too soRead MoreVietnam And The Vietnam War1987 Words   |  8 PagesIn 1945, at the end of WWII, Vietnam started their war for ind ependence against their colonial rulers, France. Nine years after the start of the First Indochina War, the French were defeated at Dien Bien Phu which led to a peace conference in Geneva. At the conference, Laos, Cambodia, and Vietnam received their independence from France. However, Vietnam was divided between a Communist North and a Democratic South. In 1958, Communist- supported guerrillas in South Vietnam, known as the Viet Cong, began

Christopher Columbus Was a Murderer Essay examples

Christopher Columbus Was a Murderer The second Monday in October is celebrated across America as Columbus Day. It is a celebration of the man who discovered America. In school, children are taught that Christopher Columbus was a national hero. In actuality, the man was a murderer. It is true that he found a land that was unknown to the civilized world, yet in this discovery, he erased the natives inhabiting the land. With slavery, warfare, and inhumane acts, Christopher Columbus and the men who accompanied him completely destroyed a people, a culture, and a land. These are not actions that should be heralded as heroic. When his thoughts and actions throughout his voyages are considered, one can see that Columbus was never†¦show more content†¦He simply took over these lands, even going so far as to rename them all. In order to let everyone know of his great discovery, he returned to Spain with many new items, including kidnapped Indians (Fernandez-Armesto 89). He was attempting to glorify Spain and its monarchs while creating fame for himself. Columbuss arrogance and exploitation regarding slavery began on his second voyage. Ferdinand and Isabella had ordered that the natives be treated kindly. In opposition to this order, Columbus began exporting slaves in great numbers in 1494. It was because he was not making any real profit elsewhere on the island that he decided to exploit the one source of income--people--he had in abundance (Fernandez-Armesto 107). When word reached him that the crown did not want him sending more slaves, Columbus ignored it. He was desperate to make his expeditions profitable enough for Ferdinand and Isabellas continued support. Evidently he was not reprimanded because thousands of Indians were exported. By the time they reached Spain, usually a third of them were dead. Bartolome de las Casas wrote that one Spaniard had told him they did not need a compass to find their way back to Spain; they could simply follow the bodies of floating Indians who had been tossed overboard when they died (17). It is horrible to consider that the exportation of these natives resultedShow MoreRelatedArgumentative Essay On Columbus Day1400 Words   |  6 PagesOctober 3rd, 2017 Columbus Day: Celebrating Genocide, Rape, and Enslavement Since 1492 Columbus Day! The second Monday in October. A day celebrating Christopher Columbus, which everyone rejoices because no work! A cherished day off. However, keep in mind what we are celebrating on this day. The man who this day honors, celebrates, glorifies, is no hero. He did not discover America. He was not, in any way, a person who should be respected or honored. In celebrating Columbus Day, we are celebratingRead MoreThe Discovery Of Christopher Columbus1474 Words   |  6 Pagesfamous quote â€Å"Fourteen Hundred Ninety-Two, Columbus sailed the ocean blue†. What most children aren’t taught is that Christopher Columbus left an extremely violent and tragic legacy that is not worthy of an annual celebration. Every year, America devotes a holiday to a man who tortured, raped and murdered innocent people. Granted, the expedition Columbus embarked on brought a whole new understanding of the world to the Europeans. However, Christopher Columbus cared very little about e stablishing tradeRead MoreArgumentative Essay On Christopher Columbus800 Words   |  4 PagesIsabelle Wilson Mr.Schober 6th period â€Å"An American icon† It was the 15th century, it was a quote unquote different century. They had many new forces and changes but that doesn’t justify what happened due to Christopher Columbus. In this i’m going to state why Columbus is a terrible person. He said Native Americans would make fine servants. With the fifty men we could subjugate them all and make them do whatever he wanted and or needed. Columbus sailed the ocean blue in 1492, but he isn’t as good of aRead MorePlagiarism : Playing With Fire Essay1523 Words   |  7 PagesDr. Grubic Comp and Rhet. 23 October 2016 Plagiarism: Playing with Fire Accuracy is one of the main aspects that makes people take information seriously. Without accuracy one will never know the truth. Some teachers can go from saying Christopher Columbus did not find America to saying he found America and raped and killed numerous of Indian women. Or some people may state that the President does not have executive powers to instead declaring the President s ability to bypass congress. AnotherRead MoreMovie Analysis of Columbus: The Discovery1375 Words   |  6 PagesColumbus: The Discovery (1992) was a box office failure, mocked and lampooned by the critics as being an unintended comedy and the producer Alexander Salkind was sued for fraud, racketeering and breach of contract. Marlin Brando, the films only real star, also threatened to sue and remove his name from the project because he objected to the way the Carib Indians were portrayed. Few people saw the movie at the time and it is deservedly forgotten today. Almost nothing about the movie or its portrayalRead MoreColumbus Day Should No Longer Be A National Holiday1374 Words   |  6 PagesOliver is correct when he asserts that Columbus Day should no longer be a national holiday. Columbus Day is the day we celebrate when Christopher Columbus landed in the New World. I believe we should not celebrate Columbus Day because I m sure we are celebrating a murder and the person supported in owning or controlling of a person. During that time of landing in the New World, he went on a killing spree of humans and of in slaving the Native Americans. Columbus Day shouldn t be a holiday anymoreRead MoreThe Travels of Sir John Mandeville791 Words   |  4 PagesThe Travels of Sir John Mandeville was written in approximately 1357 and is an account of Sir John Mandeville’s 30-year odyssey throughout Europe, North Africa, the Far East, and Arabia. The Travels was originally written in French and because of its immense popularity was translated into all major European languages, of which three hundred survive today. The Travels became a major source for geographical information for the next two centuries. Two notable historical figures that relied uponRead MoreChapter Chapters : Worlds Collide2074 Words   |  9 Pagestribes, including the Five Nations of the Iroquois, were farmers or practiced horticulture, the cultivation of fruits and vegetables, which produced a matrilineal system where farms were passed down from mother to daughter.   The European Renaissance was a period where merchants from republic city-states, where citizens were allowed to vote, bought goods from Persia, China, etc. and then sold them throughout Europe, creating an ideology of civic humanism where the rich elite encouraged service to theRead MoreProfiling And The Genocide Of The Native Americans1976 Words   |  8 PagesIt will also bring up examples of genocides, and mass hate throughout the various civilizations around the world. Events like the holocaust and the Pearl Harbor bombing aftermath. Also segregation and the genocide of the Native Americans by Christopher Columbus. We will see how diversity can drive people mindless and irrational. We will also see how people react when their safety is in danger. Overall this paper will dive deep into the mental thought process of humans and why they don’t like thingsRead More Lies My Teacher Told Me by James W. Loewen Essay1948 Words   |  8 Pagesperfect creatures without conflicts, p ain, creditability, or human interest(Lies p.9). Several examples, including the lions from our history, in Pageant include Christopher Columbus, Thomas Jefferson, Abraham Lincoln, and Woodrow Wilson. Others are defamed, like Stephen A. Douglas, and John Brown. In Pageant Christopher Columbus is one of the first people named as relevant to our history. He is built up as a hero, with words such as a man of vision, energy, resourcefulness, and courage