Reconstruction Essay - 550 Words

Reconstruction After the end of the Civil War at Appomattox, our nation’s leaders attempted to reorganize state and local governments in the fallen Confederacy, reestablish normal relations between the North and South, and to instill a sense of national loyalty once again. What transpired was a unforgiving Congress whose reconstruction policies failed to aid the South in economic, political, and social progress. Instead, spiteful legislation which wasdesigned to seek revenge on the Confederacy limited the immediate possibility of a once again prosperous Union. The Radical Republicans serving in the United States Congress in the period after the Civil War had little concern for the economic well-being of the South.†¦show more content†¦As a result, too many white and black farmers still lived in poverty. During Reconstruction, the most glaring political consequence of the Radical Republican efforts was that a great majority of Southern whites sided with the Democratic party. Southerners saw the Republican party as the party of the â€Å"negro and corrupt white man,† who hated the South. Eventually, former Confederate states were limited to only the one-party system. Also, although the U.S. Congress tried to give more political and voting freedom to blacks in the 15th Amendment, Democratic leaders limited their access by reducing the number of eligible black voters. Literacy and educational tests, poll taxes and other property requirements, and the â€Å"grandfather† clause were all devices to reduce the number of Blacks who met voting qualifications. The last device, the â€Å"grandfather† clause, barred the Blacks and still made it possible for undereducated â€Å"poor whites† to vote. The brief period of political progress for black voters in the South under the direction of the Radical Republicans, power probably increased tension between whites and the freed blacks. Interracial conflicts definitely halted the social progress of the newly freed Black population. Also, the freedman found it difficult to secure and hold a job. Many actually found that their labor was exploited almost as severely as it had been duringShow MoreRelatedCrime Scene Reconstruction1438 Words   |  6 PagesKristin Waters Crime Scene Reconstruction ENC 1102-154 Reconstructing a crime scene takes a lot of effort from experienced law enforcement, medical examiners, and criminalists. All of these professionals give unique perspectives to develop a crime-scene reconstruction. Forensic scientists also play a vital role in helping to reconstruct the crime scene. They use the crime-scene reconstruction to show events that occurred prior to, during, and after a crime was committed. (Saferstein, 2009) Read MoreReconstruction Of Reconstruction And Reconstruction1031 Words   |  5 PagesReconstruction what is it?What does it mean to reconstruct? Is it possible to reconstruct nowadays? 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The Daubert Standard will discuss and how facial reconstruction was allowed as evidence thru this standard. I will go over all the periods of time that facial reconstruction was used. ComputerizedRead MoreBreast Reconstruction Procedures For Women1221 Words   |  5 PagesBrickell neighborhood. He performs breast reconstruction procedures for women who have had a mastectomy. With breast reconstruction surgery, Dr. G can provide women with natural-looking, shapely breasts. Types of Breast Reconstruction Procedures Available Near Brickell For some patients, reconstruction can begin during their mastectomy. Other patients may choose to have their breast reconstruction at some point after their mastectomy. Typically, breast reconstruction surgery involves several surgical sessionsRead More Reconstruction Essay932 Words   |  4 Pages Reconstruction took place after the end of the civil war. The reason for reconstruction was to put the union back together and free the slaves once and for all. Reconstruction took three eras to be completed. The first was Lincoln, the second Andrew Johnson, and the third was the Congressional â€Å"hard plan.† The Lincoln era lasted from 1863-1865. On December of 1863 the decree of â€Å"soft plan† was introduced. The â€Å"soft plan† included amnesty for the southerners that took the loyalty oath. It also

Anti Federalists Vs. Patrick Henry - 1555 Words

The foundation of a Nation has gone through the occupation from former Native Americans, Freedom of Religion that Pilgrims sought for. Towards the Inhabitants of the American Colonists. Fast forward after the American Revolution. Now that America has broken away from Britain, there was a new sense of freedom and opinions on how the nation must need a republic and form a republic. An upcoming group called the Federalists will clash with the anti- federalists of what must the order of government should be involved with running the country. James Madison who was a federalists and Patrick Henry an Anti-federalists had both given strong opinions on a new Proposition, of taking charge and forming a country that will run fairly and not dominating as a monarch. Many are familiar with the Bill of Rights that is a document listing the protection of every natural born citizen’s freedom. So the two will discuss their view of the constitution. Madison hoped it would in time become much more than a parchment fence against repressive actions. The protection of our constitutional rights is greatly strengthened when those rights and the responsibilities that flow from them are written not just on paper, but on the minds and hearts of the citizens. What James Madison will talk about is this matter as well as Patrick Henry who will oppose it can either convince or not convince the council into accepting the ratification as law for a checks and balances. In effect, Madison was the first inShow MoreRelated Articles of confederation Essay539 Words   |  3 Pages Articles of Confederation vs. Constitution nbsp;nbsp;nbsp;nbsp;nbsp;The Articles of Confederation and the Constitution, although vastly different in their philosophies of governing the nation, both played a big role in setting the stage for America’s economy in the upcoming nineteenth century. 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Federalists1634 Words   |  7 Pages Anti Federalists vs. Federalists (Paper #1) The Federalists and the Anti - Federalists played an indispensable part in the establishment of the American Constitution. Federalists were supporters of the constitution, while Anti federalist were against the ratification of the Constitution. Federalists believed in the idea of a larger heterogeneous republic whereas anti federalists wanted a small homogenous republic. Famous federalists like James Madison, John Jay and Alexander Hamilton are responsibleRead MoreAlexander Hamilton Vs. Thomas Jefferson1289 Words   |  6 Pages2014 Government Ms. Bishop Alexander Hamilton vs. Thomas Jefferson During the ratification of the Constitution of 1787, the Federalist and Anti-federalist views created tensions and barriers between the two. 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The figures mentioned previously were only three of the fifty five attendees (ConstofUS). On a side note, Patrick Henry refused to appear at the meeting because he felt â€Å"Madison had in mind the creation of a powerful and central government† which opposed his Anti-federalist support for state rights (ConstofUS). Henry proved to hold an accurate prediction as the two Federalists, Madison and Hamilton, promoted a s trong national government to unify the United States. The various opinions letRead MoreThe Formation Of Our Country By The Colonists Separating From England And Declaring Their Independence1800 Words   |  8 Pagesunity. However, due to its insufficient drafting and flaws, it was eventually replaced with a well drafted, more uniform ‘living’ document, which had the ability to be amended and change/grow with the country and its citizens. 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Madison gave the freedom of speech and other legal rights in exchange of Virginia and New York to ratify the Constitution. Condition: Madison would start working

E-Commerce and Marketing BP Global

Question: Demonstrate how BP Global can use the digital communications mix to promote its fuel cards. Demonstrate how social media platforms can be used by BP Global to maintain strong relationships with its card members. Answer: Introduction With technological advancement, E-Commerce became an effective marketing approach for promoting business among the target customers. The E-Commerce process refers to the strategies of promoting the business over internet. Besides getting new clients, this process also helps the companies to retain their existing customers. Effective marketing strategies are most essential for all organizations to sustain in the recent competitive market. BP Global is one among the major oil and gas companies in the world (Alexis, 1999). The organization must have to take appropriate marketing strategies that help the company to boost their sales. E-Commerce marketing strategy helps the petroleum company BP Global to improve their sales that lead to improve their productivity. E-Commerce marketing strategy also helps the organization to improve their brand identity and increase market share (Kotler, 2008). This research paper discusses the role of internet marketing approach to target their potential customers. In addition to this, the research paper also identifies the eight factors of the business model that help them to promote their brands in the global market. Internet Market Segmentation: A Marketing Approach To promote their business among their target customers, the E-commerce marketing strategy is a useful marketing strategy for BP Global. E-commerce marketing strategy is an effective way to promote the business among the target customers on the online platform. It also helps to increase brand identity. Promotion of the business among the target customers helps the organizations to attract more customers to the company (Clark, 1998). Market Segment means dividing the market as per the demands of the customers that help the organizations to take suitable marketing strategy for promoting their business among their target clients. BP Global Company has to promote their business in suitable marketing channel to attract more customers to their organization. ROI is a helpful tool for the company BP Global as it helps the company to choose the suitable marketing channel to promote their business. ROI or return on investment helps the company to analysis the outcome of their investment in a pa rticular marketing medium. To sustain in the modern day competitive world, BP Global oil and Gas Company has to choose the internet market segmentation process to promote their business among their target customers. Offering their products through online platform help them to increase their brand image in the oil and gas industries. In addition to this, the company can offer the online purchase facilities for the oil and gas products to their end users to increase their sales. Internet market segmentation facilities also help them to promote their products in the international oil and gas market segment that may boost their annual revenues. In the age of World Wide Web, the customers of the oil and gas products can easily compare the products price of the company BP Global to other company. In this scenario, offering oil and gas products within reasonable price through online platform helps the organization BP Global to attract the target clients to their company to make their purchase. In addition to this, th e company BP Global may also provide a comparison price chart of their products price to others organizations to improve the customer experiences as it help their clients to choose the more relevant one. In these ways the internet market segmentation helps the organization BP Global to attract their target clients to their organization that helps them to boost their sales and also it helps them to increase their profit earned. Promotional Strategy of BP Global Promoting the business in the proper marketing channels helps the organizations to increase their brand identity among their target customers. Increase in the brand identity help the organization to attract more customers to their company. To promote their business in the oil and gas industries, the organization has to adopt suitable business model. Elements of Business Model To improve the performance of the organizations, adaptation of the below eight elements of the business model is very essential. Value Proposition Values proposition means the benefits that the customers gets from their purchase deal. According to this strategy, the company summarizes the reasons why the customers should make their purchase from their company rather than other companies (Kotler and Armstrong, 2007). It helps the customers to choose the reasonable organizations to make their purchases. This is also a form of promotional strategies of the company to issue value proposition statement to attract their target customers. Value Preposition statement of the company BP Global helps them to attract more customers to their company that may boost their sales. Revenue Model It is the most essential component of the business model. This model helps to generate revenues from the business. To focus on the target customers of the organization, the organizations should have proper revenue model (Laudon and Traver, 2012). Proper revenue model help to create plans for fund development and identify proper marketing strategy. To take suitable strategy for fund development and promoting their business, the company BP Global should have proper revenue model. Market Opportunity Market opportunity indicates the scope of the organization BP Global to enhance their business in all over the world (Malhotra, 2013). To boost their sales, the company has to identify their business opportunities in the market. Promoting the business in proper marketing channel, offering various petroleum products within reasonable costs are the two major market opportunities for the company that leads to increase the sales of the company. Competitive Environment BP Global Company is a worldwide oil and gas production company that supplies petroleum, natural gas, and petrochemical. Many other oil and gas companies also offer same products like BP Global Company. To sustain in the competitive environment of the global oil and gas industries, the company has to take suitable marketing strategy (Rajput, 2009). BP Global Company has to take suitable strategies that help them to promote their business among their target customers and helps to boost their sales. In addition to this, to sustain in the competitive market, the company has to follow proper price hierarchy that helps to attract more customers to the company. Competitive market condition is also necessary in the sense that it leads to improve the performance of the companies to retain their existing customers along with attracting new customers to their company. Competitive Advantage To improve their performance in the competitive market condition, the companies have to take suitable marketing strategies that lead to provide various business advantages to the company over its rival companies. Offering reasonable prices for the products is also a way to get competitive advantages in the market (Cherington, 1998). Proper promotional strategy also helps the organizations to get competitive advantages in the market. To get competitive advantages in the market, the companies have to promote their business in the suitable marketing channel such that they can be able to attract more customers to their company (Schwerpunktausgabe E-Commerce/M-Commerce/T-Commerce, 2013). Competitive advantages help the company BP Global to boost their sales by attracting more customers to their company. Increase in the number of customers lead to improve the profit margin of the company. Market Strategy Proper marketing strategy helps the organizations to promote their business among the target customers. In the modern day scenario, promotion of the business through various online marketing platforms helps the organization to promote their business to their target customers. Online marketing also helps to increase brand image of the company (Hugstad, 2007). Improvement in the brand image of the company leads to attract more customers to the company BP Global. The company may also use the social media platform to promote their business. Market segmentation is also an important factor of the marketing process that helps the company to identify their target clients (Westland and Clark, 2012). Through various marketing channels, the companies should promote their various products and other special offerings to attract more customers to the company. Organizational Development To improve the performance of the company, proper organizational structure is also very essential. In organizational development model, all the departments of the organization should work as a team and support each other to perform better. The proper organizational structure also means who has the power to take decisions. For improving the productivity of the company, all the employees of the company have to be ethical to the company and try to perform better to improve the productivity of the company (Goldstein and O'Connor, 2012). The managers of the organizations also have an important role in improving the productivity of the company. The Managers of BP Global have to motivate their employees to their work that help the company to enhance their performance. Therefore, proper organizational structure is also very essential to enhance the performance of the company BP Global. Management Team The management team of any organizations plays a vital role to improve the performance of the company. The Managers of the company should communicate with all their employees effectively and take necessary steps to motivate the employees to their work (Dholakia, 2014). The operational managers also play an important role in supply chain management processes. The marketing managers also need to take initiatives to promote their business in effective marketing medium to attract target customers to the company. For promoting the business in the suitable marketing media, the managers should choose the appropriate marketing media by considering ROI analysis on the marketing media. Conclusion This research paper illustrates the marketing strategies of the company BP Global. In the modern era, E-Commerce marketing strategy helps the company to attract their target customers to their company. To gain advantages of the online marketing procedures, the company has to identify proper marketing medium to promote their business (Chaffey, 2012). In addition to this, to improve their performance, the company should properly follow the business model. This research paper also illustrates the eight factors of the business model that helps the organization to boost their sales and profit earned. One of the major factors of the business model is Values proposition. The company can promote their business among their target customers by issuing the value proposition statement. To improve the performance of the company, the company has to follow proper organizational model. The management team of the company also has the responsibility to improve the productivity of the company. This res earch paper also concludes that to sustain in the competitive business environment of the petroleum industry, the company BP Global has to utilize their opportunities properly. References Alexis, M. (1999). Marketing Laws and Marketing Strategy.Journal of Marketing, 26(4), p.67. Chaffey, D. (2012).E-business and e-commerce management. Harlow, England: FT Prentice Hall. Cherington, P. (1998). Marketing Marketing.Journal of Marketing, 1(3), p.223. Clark, L. (1998). Marketing Courses and Marketing Research.Journal of Marketing, 12(4), p.488. Dholakia, N. (2014). Marketing as mystification.Marketing Theory. Goldstein, A. and O'Connor, D. (2012).Electronic commerce for development. Paris: OECD, Development Centre of the Organisation for Economic Co-operation and Development. Hugstad, P. (2007). Marketing the Marketing Major.Journal of Marketing Education, 19(1), pp.4-13. Kotler, P. (2008).Marketing management. Upper Saddle River, N.J.: Prentice Hall. Kotler, P. and Armstrong, G. (2007).Principles of marketing. Upper Saddle River, N.J.: Pearson Prentice Hall. Laudon, K. and Traver, C. (2012).E-commerce. Boston: Addison Wesley. Malhotra, N. (2013).Review of marketing research. Bingley, UK: Emerald. Rajput, W. (2009).E-Commerce systems architecture and applications. Boston, Mass.: Artech House. Schwerpunktausgabe E-Commerce/M-Commerce/T-Commerce. (2013).der markt, 42(1), pp.64-64. Westland, J. and Clark, T. (2012).Global electronic commerce. Cambridge, Mass.: MIT Press.

Term free essay sample

ANS:T A contribution of property to a partnership followed by a distribution soon thereafter may be recharacterized as a disguised sale of the property by the partner to the partnership. A disguised sale does not receive tax-deferred treatment under  § 721. PTS:1REF:p. 21-10 3. Jim and Nancy formed an equal partnership on June 1 of the current year. Jim contributed $10,000 cash and land with a basis of $8,000 and a fair market value of $6,000. Nancy contributed equipment with a basis of $14,000 and a value of $16,000. Nancy’s tax basis in her interest is $14,000; Jim’s tax basis is $18,000. ANS:T Jim’s basis includes the $8,000 substituted basis for the contributed land plus $10,000 cash, for a total of $18,000. Nancy’s basis is $14,000, a substituted basis from the contributed equipment. PTS:1REF:Example 7 | Example 14 4. Rachel and Barry formed the equal RB Partnership during the current year, with Rachel contributing $100,000 in cash and Barry contributing land (basis of $60,000, fair market value of $80,000) and equipment (basis of $0, fair market value of ,000). We will write a custom essay sample on Term or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Barry recognizes a $40,000 gain on the contribution and his basis in his partnership interest is $100,000. ANS:F Under  § 721, neither the partnership nor a partner will generally recognize gain or loss on contribution of property to a partnership. Barry’s substituted basis in his partnership interest is his $60,000 basis in the assets contributed ($60,000 basis in land plus $0 basis in equipment). PTS:1REF: Example 8 | Example 9 5. John and Ken formed the equal JK Partnership during the current year, with John contributing $50,000 in cash and Ken contributing land (basis of $30,000, fair market value of $20,000) and equipment (basis of $0, fair market value of $30,000). Ken recognizes no gain or loss on the contribution and his basis in his partnership interest is $30,000. ANS:T Under  § 721, neither the partnership nor a partner will generally recognize gain or loss on contribution of property to a partnership. Ken’s basis in his partnership interest is the $30,000 basis in the assets contributed ($30,000 basis in land plus $0 basis in equipment). PTS:1REF: Example 8 | Example 9 6. Julie is a real estate developer and owns property that is treated as inventory (not a capital asset) in her business. She contributed a parcel of this land (basis $60,000; fair market value $58,000) to a partnership, which ill also hold it as inventory. After three years, the partnership sells the land for $56,000. The partnership will recognize a $4,000 ordinary loss on sale of the property. ANS:T Since the property was not a capital asset in Julie’s hands, the partnership is not subject to the requirement that precontribution losses (realized and recog nized by the partnership within five years of contribution) be treated as capital losses. Example 16 7. The XYZ Partnership, a calendar year taxpayer, was formed on April 1 of the current year. It incurred $23,000 of legal fees on formation. XYZ may deduct $5,000 and amortize the remaining $18,000 over 180 months, for $900 in the current year. ANS:T All organization costs incurred by the end of the first taxable year of the partnership may be expensed (up to $5,000) and the balance amortized over 180 months commencing with the month the taxpayer begins business. PTS:1REF:Example 18 8. PaulCo, DavidCo, and Ralph form a partnership with cash contributions of $80,000, $50,000 and $30,000, respectively, and agree to share profits and losses in the ratio of their original cash contributions. PaulCo uses a January 31 fiscal year-end, while DavidCo and Ralph use a November 30 and December 31 fiscal year-end, respectively. Since PaulCo is a majority partner, this partnership will use a January 31 year-end. ANS:F The partnership has no majority partners, since PaulCo does not own more than 50%. Also, the three principal partners do not have the same year-end. Therefore, the least aggregate deferral method must be used to determine the partnership’s year-end. PTS:1REF:Figure 21-2 9. Meagan purchased her partnership interest from Lisa on the first day of the current year for $30,000 cash.

The Whys and Hows of Paraphrasing

The Whys and Hows of Paraphrasing The Whys and Hows of Paraphrasing The Whys and Hows of Paraphrasing By Mark Nichol Paraphrasing, rewording of spoken or written content, is a necessary skill for every writer. This post discusses the purposes of process of paraphrasing. Why Paraphrase? Quoting directly without attribution is plagiarism, an offense against those responsible for crafting the original message. In a scholarly setting, it constitutes academic dishonesty, which when committed by students is punished with a failing grade, suspension, or expulsion; it also compromises their future in academia. In the case of faculty or academic researchers, it signals a lack of integrity and can ruin one’s career. Even with attribution, however, extensive direct quotation in course assignments or in scholarly research is discouraged; some sources recommend that no more than 10 percent of an academic paper or article consist of exact wording from a research source. In both trade books and scholarly publishing, the same benchmarks seems appropriate; journalism is more accepting, but direct quotation consisting of more than 25 percent of an article (except in the case of a question-and-answer interview) is likely to be regarded as excessive. Why should paraphrasing predominate? The purpose of academic writing is not to exactly reproduce the findings and interpretations of others; it is to report findings and interpretations and produce commentary on them, extrapolate and evaluate, and make new inferences, as well as to synthesize multiple sources. Therefore, academic writing should summarize the work of others, reproducing content verbatim only when a strikingly original conclusion, or a statement that should be clearly attributed as exact wording, merits inclusion in the secondary work. In journalistic writing, quotations often add color and vibrancy to an article. Precise reproduction of some of a subject’s or source’s comments conveys the person’s character and personality or lends authority. However, just as with scholarly prose, direct quotation should be the exception, not the rule; the reporter’s task is to describe an event or issue or to create an impression for readers who were not present during an incident or an interview. Paraphrasing also allows reorganization of sources’ or subjects’ statements not in order to manipulate the comments with the intent to mislead, but to improve the narrative flow or place randomly uttered thoughts in coherent chronological order. This technique also enables writers to impart information that is valuable or integral but was not expressed well. How to Paraphrase Paraphrasing is simple: Read a passage from a source, or examine your notes from an interview, and imagine you’re sharing the information with others which is exactly what you’re doing. Strive to find a simpler, more direct way to describe what you’ve read; it’s acceptable to use the same word now and then, and you may occasionally employ partial direct quotations to reproduce key phrases, but always remember that your goal is to report, not reproduce. And though you may consider the source content better stated than what you can produce, be confident that your paraphrase will be good enough. How would you paraphrase a passage like the first sentence of Abraham Lincoln’s Gettysburg Address? Here’s the source material: â€Å"Fourscore and seven years ago our fathers brought forth on this continent a new nation, conceived in liberty and dedicated to the proposition that all men are created equal.† Lincoln’s strategy for placing the event he refers to in chronological context is eloquently poetic, but a paraphrase need only provide the context: â€Å"Almost a hundred years ago† is sufficient. The nouns identifying the actors, the locale, and the result are easily replaced with predecessors (or, more colorfully, forebears or â€Å"those who came before us†), land, and country, and â€Å"brought forth† can be rendered formed: â€Å"Those who came before in this land us formed a new country† says the same thing as the rest of the first phrase of the original. â€Å"Conceived in liberty† can be rewritten â€Å"created while fighting for freedom.† The paraphrase of the final phrase, meanwhile, could consist of the words â€Å"inspired by the idea of human equality.† The result, not as stirring, but serviceable, is reportage that says, â€Å"According to the speaker, almost a hundred years ago, those who came before us in this land formed a new country while fighting for freedom and inspired by the idea of human equality.† However, the restatement unnecessarily retains the syntax and is wordier than necessary (and wordier than the original text). Keep trying: â€Å"The speaker said that our forebears, believing in human equality, formed a new country here when they fought for freedom almost a hundred years ago.† If you wished to insert at least a few words of the original wording, you might delete the phrase about freedom and throw in â€Å"conceived in liberty,† set off by commas and framed in quotation marks, after here. As you paraphrase, keep in mind that the key to the process is distillation of the source material to its essence with or without commentary, depending on whether interpretative content is expected from the paraphrasing writer. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:Addressing A Letter to Two People8 Proofreading Tips And TechniquesEach vs. Both

Strengths and Weaknesses of different Interview Modes Assignment

Strengths and Weaknesses of different Interview Modes - Assignment Example The responses to the questions will rather provide the researcher information which qualifies as insights in probing the research question that the study poses. Thus, the interview process has to combine with the systematic analytical skills of the interviewer. In this process of analysis, there are number of associated elements which come to the aid of the interviewer in the case of a face to face interview. Kvalve (1996) has opined that the process of a research interview includes techniques to understand and describe the meanings underlying the central themes on which the interview is based on. This means that the process of interview does not limit to the direct outputs from the interviewee. The important task in an interview is analyzing the meaning of the direct inputs from the interviewee. However, for this to happen in a proper manner, there are a number of other factors which contribute towards it. The physical setting of the interview is one of the most important out of the se elements. The success of an interview in bringing out reliable qualitative information depends largely on the trust that the interviewee has on the interviewee and the associated systems. In this context, the physical environment influences the perception of the interviewee.

Buying gold during a rescission its a good idea Research Paper

Buying gold during a rescission its a good idea - Research Paper Example At the same time gold prices are raising sharply and many of the current investors believe that investments on gold may bring better returns to them in future. This paper argues in favor of buying gold as the safe investment option during a recession period â€Å"When you see the Fed start buying their own treasuries from China and Japan, hyperinflation and default will be just around the corner. Gold and Silver provide the peace of mind one will need whenever that day arrives† (Eberhardt, p.26). Even though the prices of gold and silver experienced certain ups and downs in the past, no major collapse of gold prices has been reported yet. Most of the emerging countries like China and India are purchasing more gold and keeping a good gold stock. When we compare the current stock market conditions and the conditions of the banking industry against the current gold industry trends, investments in gold seems to be the right option. â€Å"When it came to the extreme stock market c onditions, people ran to the safe haven of gold† (Eberhardt, p.146). In order to learn more about the potentials of gold as a safe investment option, it is necessary to identify the differences between money and currency. Many people are of the view that both money and currency are the same things. This is an illusion. â€Å"A currency does not store value in and of itself.