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Mahesh Essay

537 words - 3 pages

Global Warming: A Deadly Threat For Human Life
Global Warming: A Deadly Threat for Human Life
The recent activity in Iceland-Volcano brought the whole world to a grinding halt. This was the most recent reminder of nature’s power, and shows how feeble human beings are in front of mother nature; however, advanced the human race has become in technology. The natural catastrophes similar to above are grim reminders to respect nature.
What is Global warming: There is a perceptible change in the average temperature of the atmosphere through out the world. This increase in the average temperature of Earth’s atmosphere is known as GLOBAL WARMING. The summers are becoming hotter and longer, and the winters are turning out to be more freezing (recent increased ...view middle of the document...

During inflation, however, all prices tend to rise.   Over the last 400 years there have been many periods of inflation. In the 16th century, when the Spaniards began bringing back gold and silver from the New World, prices in Western Europe moved upward as the supply of money increased. During the 19th century prices tended to go downward as food and raw materials became cheaper. After major wars such as the Napoleonic Wars and World Wars I and II, prices again moved upward. In the 1950s and '60s a so-called creeping inflation occurred, when the general price level
in the United States and Western Europe rose by an average of 1 to 5 percent each year. In the 1970s inflation increased until it reached as much as 13 percent a year in the United States.   Many countries have suffered from inflation more than has the United States. Israel had inflation of more than 100 percent a year in the early 1980s, meaning that the cost of living more than doubled every year. In Argentina inflation was greater than 400 percent in 1975 and averaged more than 100 percent each year from 1976 to 1982. The most remarkable inflation in modern times was the German hyperinflation of 1923, when people went to the store with wheelbarrows full of money to buy a few groceries. A similar hyperinflation occurred in Hungary after World War II.   Inflation has been defined as "too much money chasing too few goods." As prices rise, wages and salaries also have a tendency to rise. More money in people's pockets causes prices to rise still higher so that consumers never quite catch...

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