Tuesday, December 24, 2019

Should Females in the Military Be Excluded from Combat

Should females in the military be excluded from combat and other hazardous duties? Should females in the military be excluded from combat and other hazardous duties? Women are gentle, they are caring and creators of life not destroyers of life. Women have been thought of as possessing nothing in common with war. Women today have the opportunity to enlist in the military, they are not allowed to participate in combat units and fight. Who would trust a gun in the hands of a woman who is tender and vulnerable? Females should be excluded because they distract male soldiers could be captured and tortured, and physically or mentally arent capable of survival. Arguments favor women being excluded from front-line combat. The†¦show more content†¦When women are brought to combat units men stop relating to each other and start trying to receive the attention of the women. The very high rate of Post-Traumatic Stress Disorder (PTSD) called combat fatigue, or shell-shock) among the male soldiers would exemplify this. Thus in light of these arguments, it may s eem to be a logical conclusion that women should not be allowed to fight in the front-line. The above arguments are what people traditionally think of women and are not facts but generalizations. In fact, it is not true for every woman. Most women do not possess the necessary physical strength, there are some strong enough to fight in combat and may even be able to pass the same fitness requirements as men. Combat is an extremely difficult time for every human being, whether woman, or man. The ability to cope with stressful situations is a characteristic that will vary from person to person whether man or woman. I believe it is not right to exclude women from fighting in combat duties based on their characteristics. Characteristics are possessed by women and men just to a different extent. Women are excluded out of combat duties because of generalizations. Women should be judged according to their personal characteristics and abilities. The most important reason females shoul d be excluded from combat roles is that in combat units the females are at risk of capture. Female POWs areShow MoreRelatedThe Civil Field Or Clerical Support1165 Words   |  5 Pagesupon if any gender is excluded from employment opportunities or types of jobs. Up until recent years, the military totally excluded women from certain combat jobs due to their gender. â€Å"For most of the history of the U.S. military women have only served in roles in the medical field or clerical support† (Barry,19). Some of this is due to the different physical abilities between genders; cost of logistics and military effectiveness. We should not make every combat arm Military Occupational SpecialtyRead MoreWomen in the Military1458 Words   |  6 PagesGender integration in the military has always faced the question of social acceptance, whether society can accept how women will be treated and respected in the military. Throughout the history of the military, our leadership has always sou ght ways in how to integrate without upsetting the general public if our females were captured as prisoners of war, raped, discriminated or even blown up in combat. My paper will discuss three situations pertaining to the first female submariner, fighter pilotRead MoreWhy Women Should Be Drafted and Serve in the U.S. Military during War1291 Words   |  6 PagesSection #15654 April 22, 2013 Why Women Should be Drafted and Serve in the U.S. Military during Time of War Throughout time women have gone to war along-side their male counterparts without any question as to what role they couldn’t play but rather what contributions they brought with them. History shows that women have played a vital role in military combat and have been very successful filling any role that their male equivalent has played during combat. Military women have led armies into battle,Read MoreWomen s Roles During War During The Ancient Times970 Words   |  4 PagesIrà ¨ne Herrmann and Daniel Palmieri wrote, â€Å"Women are generally excluded from the debate of belligerence, except as passive victims of the brutality inflicted on them by their masculine contemporaries. Yet history shows that through the ages, women have also played a role in armed hostilities† (19). Women have been integrated into combat roles long before time. â€Å"The earliest-known, Queen Ahhotep I of Egypt, Chinese military leader Fu Hao, and Zenobia, Queen of Palmyra† (21). They were examples ofRead MoreWomen During World War II1450 Words   |  6 Pages2015). Although women have successfully proved themselves in the military, they should be restricted from entering into direct combat because they are less physically fit than their male counterparts, create animosity on front lines, and undermine cohesion within a military unit. The integration of women into the armed forces has effectively progressed since the early days of the military when women were excluded by laws and policies from serving in specific fields and units. The increased need of manpowerRead MoreWomen s Rights Of Women1086 Words   |  5 Pagesin the last hundred years. From suffrage being granted to Women, to people of different races being able to attend the same unsegregated schools. Yet, equal treatment and opportunities for all is still not assured in our society. A blatant example of this is the controversy around allowing women to serve in combat roles. Many detractors try to make the case of females being mentally and physically unsuited for the harsh trials of combat, therefore wanting to bar them from those roles. These criticsRead MoreA Common Social Theme Of History1386 Words   |  6 Pagescountry. Women can perform just as well as men in combat, do the same military activities as men and positions open to women help to cre ate more jobs. What good is it to exclude them from defending their country that we, too, love? There are, of course, some downsides to women who are allowed in combat. One of which is sexual activity. Many argue that allowing women into infantry units will encourage rape or sexual activities between male and female comrades. In 2011, 26,000 soldiers had reportedRead MoreWomen Of The United States Armed Forces1213 Words   |  5 Pagesoperation of the military, their placement in combat positions would prove to be a devastating mistake. The body of a woman is not made to brave combat positions, and placing women into positions dominated by men could create a hostile working environment. The atmosphere of battle is already heated, and placing more problems into the equation could lead to the unraveling of military effectiveness as the country knows it. Consequently, women should continued to be excluded from combat oriented positionsRead MoreWomen During The 21st Century1281 Words   |  6 Pagesthan ever. It is often said a girl can do anything a boy can. That sounds great and empowering, but is that truly so? 50 years ago, the idea of a woman serving in the army in full combat would seem ridiculous, in present day it is a reality. However, is such advancement reasonable? Many agree, that in certain military occupations, women can function at the same level as men. The controversy about having women fighting with men in wars is the fact that they have a different physical structure, theyRead MoreGender Inequality Towards Women During The Service Then And Now1183 Words   |  5 PagesTHESIS: Gender inequality towards women in the service then and now Women have served in the armed forces from as early as the American Revolution to present. They have served selflessly with dedication towards their country in times of conflict. About two hundred years ago it wasn’t easy for a women to be in the service, they would disguise themselves as men. It was believed that women did not have the capability and were not strong enough to handle the situations that would arise in the daily

Sunday, December 15, 2019

Country School Research Critique Free Essays

Qualitative Study Evaluation Eleanor Vernice Siyon u7a1 Capella University Quarter Year: Summer 2012 Address (optional): City, State, Zip (optional): Phone (optional): E-mail: esiyon@capella. edu Instructor:Pat Ryan Qualitative Study Evaluation The one- teacher country school is largely the past practice of the American educational institution. This one teacher setting was characteristic of the recitation process used by students to â€Å"recite† to the teacher what one had learned from their lessons. We will write a custom essay sample on Country School Research Critique or any similar topic only for you Order Now The teacher characteristically would ask questions of their students during their process to glean the answers and evaluate the progress of their students. Traditionally these classrooms consisted of multi-age, multi-grade level all situated in one classroom with one teacher. This evaluation is about one such educational system in the state of Nebraska. It is an ethnographic study title â€Å" Notes on a Country School Tradition: Recitation as an Individual Strategy† The stated purpose of this study was to view the practices of some of the one-teacher schools and to determine what may be learned from them. This evaluation will proceed by evaluating the validity and effectiveness of this research in its relation to the following categories within the study. The categories are as follows: the problem statement, review of the literature, the purpose statement and central phenomenon, validity of the data collection, validity of data analysis and findings, and the quality of writing and its consistency with the qualitative criteria. 1 Evaluation of the Title The title of the study â€Å" Notes on a Country School Tradition: Recitation as an Individual Strategy† This title does not reflect the central phenomenon being studied. Feature Article  Country School  Allen Curnow The central phenomenon is the investigation of recitation in a one-teacher school as a patterned and functional response to the conditions of smallness, and it’s interrelationship to parental and community expectations, along with the inevitable transfer of these students to larger middle and secondary schools in an environment in defense of their way of life at a time of rural social and economic decline. The title does reflect the site (country school) and the people. 2 Evaluation of the Problem Statement The author does have an educational issue to study, though not clearly stated in the problem statement. It may be assumed due to the fact that many of the children taught in this recitation method in the small schools went on to do very well in the large secondary and middle school settings. Therefore, a comparison of this small school approach and the differing large school approach is worthy of further educational study. I believe that the author has provided evidence that this issue is important because of the research that is stated about the benefits of smaller schools and the success of the students once they leave the one class environment. There is an indication that the author has located this issue through past research as he mentions the various literature that he has read in the past about this subject matter. I feel that this study may have been more beneficial as a mixed design approach. The ethnographic design did give an excellent insight into the values of the rural people and the day to day activities of the students and teacher. It was also very helpful to see firsthand how the recitation process worked. But there are other variables in the problem statement such as: recitation as a functional response to smallness, conservatism toward knowledge and learning, and parental and community expectations. An indication of how these variables correlate to the acceptance of this method of education may have been handled more effectively with a correlational approach. The assumptions of the study seem to be more consistent with a mixed methods approach. 3 Evaluation of the Review of the Literature The author does present reviews on the effects and various studies regarding class size. I do not believe he provided literature that specifically analyzes his research problem. I also felt his literature base was scant. But he does state that very little if any existed for the one teacher one class school room. The study does follow the APA style. 4 Evaluation of the Purpose and Research Questions The purpose and research questions were not fully apparent to me. I have an idea of what he was attempting to answer but I feel his questions and purpose was lost in the narrative and I felt as if I was reading a very interesting story about a rural school. Perhaps this author attempted to answer the purpose within the narrative. If he did so, I don’t feel the question was fully expressed or answered. I see no evidence of subquestions whatsoever 5 Evaluation of Data Collection The data collection was quite informative. It gave daily schedules and also listed the children, their ages, grades, studies, and gave backgrounds about family histories, etc. I feel that the data collection is very understandable and clearly specified with adequate titles and understandable tables. They were an easy read. The author shows evidence of using protocol as his data is arranged in an orderly and organized fashion that matches what one is reading at the time. 6 Evaluation of Data Analysis and Findings The author did an excellent job in putting the text into themes. I am not convinced that his categories did enough to relate his central phenomenon. The author did get a lot of useful quotes from the teacher, parents, and students which showed support for this way of life. Multiple layered themes were derived in terms of why the parents and the teacher thought this was the best form of education. I did not find that the findings fully answered he research questions. In the end the question of recitation as a functional response to smallness was just not clear to me. In fact I saw it more as a function of tradition and a desire of the community to stick with what works for them. The findings were did not match the research problem therefore they were not accurate. The author in my opinion, start ed with one central question and somehow put together something else which amounted to a view of a country school and the impact on the cty and students and teacher on a daily basis. Multiple perspectives were not explored in terms of those outside of this community. All findings were represented in narrative discussions. 7 Evaluation of the Writing This account was written persuasively and convincingly. It was written from a first person point of view consistent with the qualitative research design. The writing was lively and there was use of the various literary approaches such as metaphor, simile, and various other literary details. The author carefully and figuratively describes the settings in a number of instances. He also carefully describes the physical appearance of at least one child to the delight of the reader. I enjoyed reading it as it read like an exciting story and gave me a delightful look into the educational, and daily life of the participants. The study is written from a personal point of view and it is written appropriately for the intended audience which is a journal entry. 8 Conclusion I really enjoyed reading this study. But in the end I felt that the author did not present his research in such a way that shed any light on his central question. If his purpose was just to show us the workings of the one-class system and why the rural community wanted it to stay he accomplished his mission. But his central purpose states that: â€Å" I investigate the residual form of the recitation in a modern one-teacher school in rural Nebraska as a patterned response to the conditions of smallness. Conservative in its orientation toward knowledge and student learning, the recitation is explored as a functional response to the context of smallness, implicit parental and community expectations, inevitable student transfer to large graded middle and secondary schools, and its symbolic defense of community at a time of rural social and economic decline. I could not find any indication that recitation was a patterned response due to conditions of smallness or as a functional response to the context of smallness. References Barker, R, Gump, P. (964). Big school, small school: High school size and student behavior. Stanford CA: Stanford University Press. Cohen, D. K. (988). Teaching practice: Plus ca change †¦ In P. W. Jackson (Ed. ), Contributing to educational change: Perspectives on research and practice (pp. 27-84). Berkeley, CA: McCutcheon. Cuban, L. (1994). How teachers taught: Constancy and change in American classrooms. New York: Teachers College Press. Darling-Hammond, L. (1997). The right to learn: A blue-printfor creating schools that work. San Francisco: jossey-Bass. DeWalt, M. (997). One-room school: Current trend in public and private education (Research Report). Rock Hill, SC: Winthrop University. Drabenstott, M. (1999, 1st Quarter). Consolidation in U. S. agriculture: The new rural landscape and public policy. Federal Reserve Bank of Kansas City Economic Review. Elmore, R E (996). Getting down to scale with good educational practice. Harvard Educational Review, 6 How to cite Country School Research Critique, Essays

Saturday, December 7, 2019

Economics Monetary Policy for Business GDP

Question: Discuss about the Economics Monetary Policy for Business GDP. Answer: Introduction This essay pertains to the comparison of Australian economy with United Kingdoms economy. Both these countries are economically advanced and developed economies in the world. Australia and United Kingdom experience continuous economic growth and have high per capita income as compared to other countries. High Per capita income presents the high living standard of people in these countries. The financial position of these countries is also strong and stable among developed countries. Furthermore, the GDP is an important determinant for a countrys economic growth. While the economy of Australia depends on its mining sector that contributes greatly in the growth of the countrys GDP, the economy of United Kingdom depends on service sector that affects its GDP growth rate. Moreover, it is not only the type of economic activity that affects a countrys GDP, but factors like natural resources, capital formation, human resources, technology, political factor, exchange rate, inflation rate, un employment rate, and demographic factors also have an important bearing on the growth rate of countrys GDP. These factors directly and indirectly affect the GDP of a nation. The factors natural resources and capital formation are the principle factors of nations GDP that directly affect to the economy. Additionally, the developed technology and skilled human resources support to the growth of per capita GDP. The following essay compares the GDP of Australia with United Kingdom by comparing past 5 year data related to unemployment rate, inflation rate, export, import, population, and service sectors. Moreover, it analyses the impact of these factors on Australia and United Kingdoms GDP growth rate. Comparison between the GDP of Australia and United Kingdom (UK) GDP is the monetary value of a nations all finished goods and services in a specified time of period. It is also known as economic output of a nation. Generally, GDP is calculated on annual basis and can be calculated on quarterly basis. This term is commonly utilised as a pointer of economic condition of a nation as well as measure of the nations standard of living (Coyle, 2014). Moreover, it is used to compare the efficiency of various nations with high accuracy. The Australian economy is a symbol of stable and strong financial system with continuous growth. This countrys economy is featured as low unemployment, low public debts and contained inflation (Fan et al, 2012). Australia has experienced a continuous growth of its economy for over 20 years until 2012, with a compound annual growth rate of 3.5%. The demand of resources and energy from Asia has increased the growth of commodity export and created channel for resource investment. On the other hand, UK is the second largest economy in Europe with a leading financial sector and trading power. In recent years, the government of the nation amplify the social welfare programs and diminished public ownership of business enterprises for economic growth. Both of the countrys GDP is very high in the world. The GDP of Australia was $1.62 trillion in 2015 with 12th rank in the world and 2.16 percent of the world economy. The GDP of United Kingdom was $2.84 trillion in 2015 with fifth rank in the w orld and constituted 4.59 percent of the world economy. Furthermore, the GDP of UK is higher than that of Australia but at present, the annual GDP growth rate of Australia is higher than that of UK, which presents better future development of the Australian economy. The graph given below shows the trend in the GDP of Australia and UK: Graph 1: GDP of Australia and UK (Source: Trading Economics, 2016) The above graph presents that in 2012 the annual GDP growth rate of Australia was more than UKs annual growth rate. However, in 2013, it decreased from 3.5% to 1% due to compression of mining industry (Trudinger et al, 2013). This is because Australias economic success depends on mining sector that contributes 13.5% of total GDP of the nation. Furthermore, at present time the annual GDP growth rate of Australia increased as compared to UKs GDP growth rate. Moreover, the Australian economy was relatively unaffected by global financial recession in 2008, because the banking system of this country remained strong and the inflation was controlled (RBA, 2016). Australia exports energy products, natural resources, and food to many countries that supports its economy. The diverse and abundant natural resources like uranium, natural gas, coal, copper, iron, gold and renewable energy resources of Australia attracts foreign investment. In addition to this, the quality of human resources of this country also supports the growth of GDP in terms of high employability among its citizens. However, the 2008 global financial crisis sharply affected UKs economy in terms of higher public debts, declining home prices, reduction in human capital and higher commodity prices. Hence, this economic slowdown created many problems for UKs economy and pushed the economy into economic recession. The per capita income is a measure of standard of living of the country. In Australia, the per capita income is higher than that of UK. The cost of living in Australia is cheaper as compared to UK that means the people have more spending power with increased cash flow. The growth rate in GDP per capita presents the growth rate of labours productivity, proportion, and participation. In 2016, GDP per capita of Australia is USD 56,327 and GDP per capita of UK is USD 43,734. This shows that the productivity and participation of labour in Australias economic growth is higher than UK. The improved standard of living because of better-paid jobs attracts people from whole world. The unemployment rate in UK is less than Australias unemployment rate. This is illustrated with the help of below graph: Graph 2: Unemployment Rate of Australia and UK (Source: Trading Economics, 2016) The above graph compares the unemployment rate of Australia and UK. This graph shows that before 2013, the unemployment rate of Australia was low in compare of UKs unemployment rate. But after 2014 the unemployment rate of UK continuously decreased and the Australia unemployment rate increased sharply. This is because the cyclical demand of services in Australia decreased while the supply of services increased which resulted in the slow employment than supply of labour (RBA, 2016). The inflation rate of Australia is higher than UKs inflation rate. The inflation rate in 2016 of Australia is 1.10 percent and in UK, it is 0.80 per cent. The comparison between these two countries is described in following graphs: Graph 3: Inflation Rate of Australia and UK (Source: Trading Economics, 2016) The above graphs show that the inflation rate in Australia in 2012 was approximately 3 percent, which continuously decreased and reached at its lowest point, 1.10 percent in 2016. However, in UK, the inflation rate decreased sharply as compared to Australian inflation rate and reached 0.80 percent in 2016. In Australia, the working population is 66.26 percent of total population and in UK 64.47 percentage of total population is working capital. Hence, the total working population in Australia is more than UKs total working population. Therefore, in Australia economic activities are more than UKs economic activities, which results in higher GDP growth rate of Australia in comparison to UK. Additionally, the GDP of a nation measures total economic output within the countrys border, gross national income, and net income from foreign investments (Brezina, 2011). The gross national income of Australia is $1.31 trillion, which is low as compared to UKs gross national income. But the gross national income per capita of Australia is higher than UKs gross national income per capita which presents that the internal resources of Australia have more value as compared to United Kingdoms internal resources. Moreover, the population growth rate of Australia is 1.34% and 0.81% of United Kingdom. The h igher population growth rate presents that the economic activities in Australia is more than United Kingdoms economic activities which supports to its GDP growth rate. The value of imported goods and services in Australia has the value of $284 billion, which is 21.2 percent of its GDP. It exports goods and services of $238 billion which is approximately 19.38 percent of total GDP of the country. On the other hand, the value of imported goods and services in United Kingdom is $838 billion which is equal to 29.4 percentage of its GDP. But the exported goods and services of this country have the value of $728 billion which is approximately 27.4% of its GDP. Therefore, Australia imports less goods and services in comparison to United Kingdom, which supports its value of currency and economy. Moreover, Australian business environment is conducive to do business and stood at 13th rank in the world but in recent years it becomes difficult to start a new business in the country. However, UK stands at 6th place in the world in terms of ease of starting and doing business. Factors affecting GDP in Australia and UK GDP is one of the determinants of countrys economic growth. GDP of a country represents the value of goods and services produced in a specified period. It measures national income and output of countrys economy during a given period. GDP of Australia is 1.56 trillion USD and GDP of UK is 2.678 trillion USD (The World Bank, 2016). Many factors like natural resources, capital formation, technology, etc. affect GDP of an economy. Natural Resources Natural resources are the principal factor affecting GDP of the economy. Natural resource includes the area of land and soil quality, oil resources and minerals, river system, and climate. Australia is a rich country in terms of natural resources and it is a major exporter of wheat and wools, minerals such as gold and iron, and energy product in forms of natural gas and coal. Hence, natural resources constitute 5% GDP of Australia economy. In the other hand, production of minerals is now declining in UK (Trading Economics, 2016). Since 2004, UK has been a net importer of the natural resources that is negatively affecting its GDP. Capital Formation Capital plays a crucial role in raising the level of production that influences the GDP growth rate. It includes building, machinery, power, land, medium of communication and transportation. No development plan will work in a country unless a minimum rate of capital formation is realized. Further, capital formation increases capital per labor which in turn increases the labor ratio. With more capital formation labor productivity increases, that ultimately improves the growth of the economy. Gross fixed capital formation of Australia decreased from AUD 99,669 million to AUD 99,642 million in 2016. On the other hand, gross fixed capital formation of UK increased from GBP 77,059 million to GBP 78,159 million in 2016 (Trading Economics, 2016). Hence, capital formation play major role in the constitution of GDP growth rate in an economy. Human Resources Human resource is a very important factor that affects the GDP of an economy. The quality and quantity of human resources directly affects the growth rate of the economy. Human resource quality depends upon the skills, knowledge, education, creativity and training. Hence, if the human resources of the country are well skilled and knowledgeable then output produced from them will also be of high quality. Productivity growth of the Australia is strong because it added wide range of policies to increase the GDP rate in economy. In Australia, improvements in the quantity and quality of human resources lead to support the higher per capita GDP. However, in UK many economists are worried with the reduction in human capital that affects their employment and GDP. Technological Development Technology refers to a type of technical instrument that may be use by certain amount of labor with the help of some scientific method and techniques. Technology is an important factor that affects the GDP of an economy. With the help of technological development, countries are able to improve their productivity even if there are limited resources. Further, countries that work in the field of technological development progressed rapidly as compared to the countries that have less focus on the technology. On the contrary, an improper or outdated technology results into high cost of production. Australian digital economy is rapidly growing and it has been valued at $79 billion and 5.1% of GDP (Deloitte, 2016). It is expected that the Australian digital economy will achieve value of $139 billion in 2020 (7.3% GDP). However, UKs digital economy will be contributing 12.4% of GDP of UK by 2020. Among many countries, UKs digital economy contributes the largest proportion of GDP. Political Factors Political factors play important role in GDP growth rate of economy. A political factor involves the participation of government for implementation and formulation of different policies that act as an important aspect in GDP formation. In Australia, Reserve Bank of Australia formulates and implements monetary policies. Monetary policy helps in maintaining the full employment level in Australia and it focuses for the welfare of the people (Reserve Bank of Australia, 2016). A stable political environment in Australia is crucial to maintain the GDP growth rate. On the other hand, political environment of UK is unstable that may reduce investment and GDP. The same has been happening in UK after the 2008 financial crisis. Exchange rate Exchange rate is a determinant of countrys GDP and GDP is influenced with the fluctuation in exchange rate. An effective exchange rate is considered as a sign of economic growth. Due to the mining boom in Australia, exchange rate directly contributes in the higher demand for natural product. Higher mining investment increases the supply in other country. Over the period of last 10 years, with the affect of mining boom exchange rate has been estimate 44% higher in 2013 (Reserve bank of Australia, 2016). However, exchange rate of UK is a cause for the slower GDP rate because net export fall and it increases the demand for import. Inflation rate Inflation refers to increase in the supply of money or increase the price level in an economy. If inflation is low, then companies should try increase the production. Thus, the overall rate of GDP growth increases. Increase in GDP attracts more and more investor to invest in stock market because they are attracted to the profitability of the companies. On an average inflation rate in Australia is 5.12% from 1951 to 2016 (RBA, 2016). This inflation rate of Australian economy is low and it does distort the economic decisions. Fluctuations in inflation rate directly affect the monetary policy of the government. Inflation rate of UK rose from 0.3% to 0.5%. The impact of this is prominent in rising airfare and petrol cost, which in turn will affect the level of economic activity in UK. Many economists are forecasting that inflation rate will hit 3% in 2017 (Independent, 2016). Unemployment Unemployment is the determinant of standard of living and it is measured by GDP growth rate of the country. Unemployment happens when people lose their jobs and it reduces the living standard and increases psychological stress. It is important to know the degree of unemployment because it affects the output of the economy (Mosikari, 2013). Australia has higher minimum wages (US$7.25/hr) and lower unemployment (7.2%). On the other hand, there is an economic impact of immigration on the employment as well as GDP of UK. Non-EU workers immigration into UK has an inverse impact on the UK-born employee. In UK, some sectors have suffered with Non-EU workers such as IT industry. Due to the recession, it has registered a weak economic growth and flexible labor market. Demographic factor GDP growth rate depends on the income from productivity and changes in the workforce population. In case of UK, population expected to increase by 9.7 million over the next 25 years. Due to the growing population, productive capacity of UK will increase. Moreover, population of UK is increasing due to the immigration and higher birth rate. With regard to increase in labor force in UK, it will help to increase the GDP rate as compare to other countries (Reuters, 2016). On the other hand, Australia has a higher population growth as compare to other high-income nations. Reason behind this a high level of immigration. It concludes that higher population of Australia improves the level of productivity and GDP. Conclusion From the above discussion, it can be concluded that the economy of Australia and United Kingdom is highly developed and advanced in world economy. The GDP of these countries is known as strongest GDP in the world with strong and stable financial position. It is also concluded that the GDP of United Kingdom is much higher but the growth rate of Australian GDP is higher than UK. Australia is abundant in natural resources and is capable to produce enough energy that attracts foreign investment in the country. The capital formation and labour productivity of Australia supports its economy significantly. Due to better resource quality and wide range of government, policies the economy of Australia was protected from global financial crisis but United Kingdoms economy got affected thereby leading to reduction in capital formation and increased unemployment rate. Furthermore, the political environment in Australia is stable which supports its economy and GDP growth. But the United Kingdom i s facing the unstable political environment. The exchange rate and inflation rate of Australia are also better than UK and favorable for the growth of countrys economy. At last, it is evaluated that the Australian economy has the capabilities for further global growth. References: Brezina, C. (2011) Understanding the Gross Domestic Product and the Gross National Product. Australia: The Rosen Publishing Group. Coyle, D. (2014) GDP: A Brief but Affectionate History. Australia: Princeton University Press. Deloitte (2016) Australias digital economy grows. [online]. Available at: https://www2.deloitte.com/au/en/pages/media-releases/articles/79billion-australias-digital-economy-grows-and-grows-250315.html (Accessed: 28 September 2016). Fan, J. P., Titman, S., and Twite, G. (2012) An international comparison of capital structure and debt maturity choices,Journal of Financial and quantitative Analysis,47(01), pp. 23-56. Independent (2016) Business news. [online]. Available at: https://www.independent.co.uk/news/business/news/inflation-ons-cpi-interest-rates-bank-of-england-pound-sterling-brexit-a7144151.html (Accessed: 29 September 2016). Mosikari, J.T. (2013) the Effect of Unemployment Rate on Gross Domestic Product. Mediterranean Journal of Social Sciences, vol. 4(6) pp. 429. RBA (2016) Financial stability. [Online]. Available at: https://www.rba.gov.au/fin-stability/ (Accessed: 29 September 2016). RBA (2016) Increase in the Unemployment Rate. [Online]. Available at: https://www.rba.gov.au/publications/smp/2013/nov/box-b.html (Accessed: 28 September). Reserve bank of Australia (2016) effect of mining boom on income [online]. Available at: https://www.rba.gov.au/publications/bulletin/2014/dec/3.html (Accessed: 29 September 2016). Reserve bank of Australia (2016) Inflation Target. [online]. Available at: https://www.rba.gov.au/inflation/ (Accessed: 29 September 2016). Reserve bank of Australia (2016) What are the Objectives of Monetary Policy [online]. Available at: https://www.rba.gov.au/education/monetary-policy.html (Accessed: 28 September 2016). Reuters (2016) the demographic effect. [online]. Available at: https://blogs.reuters.com/edward-hadas/2013/01/23/the-demographic-effect/ (Accessed: 29 September 2016). The world bank (2016) GDP growth (annual %). [online]. Available at: https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG (Accessed: 29 September 2016). Trading Economics (2016) Australia Gross Fixed Capital Formation. [online]. Available at: https://www.tradingeconomics.com/australia/gross-fixed-capital-formation (Accessed: 28 September 2016). Trading economics (2016) Australia Unemployment Rate. [Online]. Available at: https://www.tradingeconomics.com/australia/unemployment-rate/forecast (Accessed: 29 September 2016). Trading Economics (2016) United Kingdom Gross Fixed Capital Formation. [online]. Available at: https://www.tradingeconomics.com/united-kingdom/gross-fixed-capital-formation (Accessed: 28 September 2016). Trudinger, P. A., Walter, M. R., and Ralph, B. J. (2013) Biogeochemistry of Ancient and Modern Environments: Proceedings of the Fourth International Symposium on Environmental Biogeochemistry (ISEB) and, Conference on Biogeochemistry in Relation to the Mining Industry and Environmental Pollution (Leaching Conference), held in Canberra. Australia: Springer Science Business Media.