Money is the Root of Good Essay Example | Topics and Well Written Essays - 1500 words

Money is the Root of Good - Essay Example Ancient people graduated from Barter trade to using precious metal coins as their form of money. Gold, silver, bronze among other metals served as money in the olden days. Today, money is accepted as physical currency made of paper and coins. The growing technology has also introduced an acceptable business platform that involves online trade where currency is rarely used. These transformations aim at making exchange of goods and services easy. Even though there are various evils associated with money, money’s goodness outweighs its associated evils, thus money is the root of good stands. In the ancient world when money had not been introduced, traders used to engage in barter trade whereby goods were exchange for goods based on mutually inverse needs. It was difficult to agree on the value of goods to be exchanged due to quantity and quality differences. Traders needed to come up with a material that would be used to stop the direct exchange of goods. Money stepped in to determine the value of various goods. Moreover, it was widely accepted. It is divisible and trade has been easy since its introduction in the markets (Wollenberg para 1). Money is any acceptable material of exchange in a transaction. In a hypothetical situation, absence of money would mean that there wouldn’t be any platform to conduct trade. People would acquire goods from others by forceful means. Money has enabled trade thus it is good (Wollengerg para 2). Anything used rightfully and fairly is good. This includes money and general wealth. Wollenberg tells of a story of a poor man whose generosity elevated his financial status in the community but once he became rich, selfishness stepped in. Shannon Christman, in her article â€Å"why money is not the root of all evil† argues that its not money that causes evil but the love for money. Christman suggests that if money was the root off all evil, then religious people would be striving hard to be as

Data Handling Checklist Research Paper Example | Topics and Well Written Essays - 2750 words

Data Handling Checklist - Research Paper Example 1.2 Use data collection sheets to record data from a practical exercise (e.g. measuring temperature change over time) (p264 Chapter 28). Solution: There are a number of methods available to record the raw data. Let here we use tally chart to record the data related to measure the temperature change over time. The data recorded in table 1.2(a) is the raw data about the variation of temperature over time for a hot summer week. 1.3 Identify strengths and weaknesses of different methods of data collection, e.g. tally chart - frequency table (p274 Chapter 28 submit Question 1). Answer. Strengths of Tally chart. A tally chart is a grid used to help clearly show information as it is collected. A good tally chart, -shows the information clearly. -have clear columns and headings. -uses lines to show numbers and a total number to show the frequency. Weakness of Tally chart -Tally chart is not a good option to use for a large complex data collection. -Since Tally chart uses lines to show numbers, therefore for large data the Tally (lines) patterns are not only have an odd outlook but also cover a lot of space. Frequency Table When summarizing large masses of raw data it if often useful to distribute the data in classes or categories and to determine the number of individuals belonging to each class called the class frequency. A tabular arrangement of data by classes together with the corresponding class frequency is called a frequency distribution or frequency table. The data organized in frequency table is termed as grouped data. Strengths of Frequency Table A frequency table can split data into classes or categories. By frequency table the actual number of scores as well as the % age of scores in each interval can be displayed. A frequency table can be used to summaries categorical, nominal, and ordinal data. It may also be used to summar