How did Slavery become a powerful Institution in America Essay - 1

How did Slavery become a powerful Institution in America - Essay Example Lastly, all nations desired conquest for exploring new opportunities. The European rivalries that existed in the New World were an accumulation of conquests that were desired by the imperialistic nations in Europe. From the dawn of the 15th century, European nations such as Portugal, Spain, Netherlands and France begin to establish their dominance. In the 18th century, the British and French fought for dominance over the "New World". These nations desired conquest because of power, wealth, and opportunities. The civil war was one of the bloodiest war fought that continues to leave a dark impression throughout the course of the US History. It is impossible to point just one factor that justified the actions of the Civil War Soldiers. However, it was evident that the growing demand led many plantation owners for suitable land. Additionally, the growing demand for cotton was overwhelming. Moreover, this huge boom in agricultural economies in the Deep South was detrimental as it caused huge divisions and expansions which created a huge movement of slaves. Conducive research indicates that the growing demand for cotton led many plantation owners further west in search of suitable land. Moreover, the invention of the  cotton gin  by Eli Whitney enabled south to be more prosperous via cotton. As a matter of fact, this invention was crucial as it revolutionized the cotton industry by increasing fifty-fold the quantity of cotton that could be processed in a day. It was clear that this mechanization changed the efficiency of how cotton was produced, which meant that the American labor force needed expansion. This caused a greater influx of slave labor. First and foremost was the fact that the Soldiers in North wanted to keep the nation united. The notion of South’s separation from the Union was an idea that the North clearly could not digest. In addition, Lincoln’s

Financial analysis Essay Example | Topics and Well Written Essays - 750 words

Financial analysis - Essay Example The succeeding years thereafter showed an optimistic trend implying an adjustment in the operating system. It can be noted that it was in late 2003 that Verizon innovation were observed immediately the year after as seen on the total net income of 2004. Assets over the five-year period remain at almost the same level while the total liabilities are decreasing, with a slight increase in 2005, suggesting a good overall trend. ratio by 2002 shows that the company has begun acquiring better investments and a considerable increase in earnings. Return on investment shows a positive trend over a five-year period with the same noted decrease in 2003 because of the transition in Verizon’s marketing strategy. 2005 was constant and remain within the normal range of 0.5 to 2.0 (reuters.com). The low and steady current ratio proves a standard cash payment system since the company is service-oriented, with the consumers paying on a monthly basis (Rosenbush 58). Total debt/equity and long-term debt/capital ratios show that the company’s financial resources are stable and strong enough to pay both the short and long-term debts that it has incurred. The gradual decrease in both debt ratios also suggests that Verizon is able to manage the payment of its debts properly over the years, implying a steady growth in earnings during this period. Sprint Nextel Corp. and AT&T Inc. are some of Verizon’s competitors in the telecommunications industry (Rosenbush 58). Figure 2 presents a comparison of the profitability of Verizon against its competitors from 2001 to 2005. This shows that over a five-year period, Verizon has been competing with AT&T for the market shares. Sprint Nextel Corp. has negligible effect in terms of competitiveness with the other two companies. The graph suggests that Verizon was only able to out-run AT&T beginning on 2004. This