News Report From The Massachusetts Institute Of Technology

Reporter: We have some breaking news to report from the Massachusetts Institute of Technology. We have just been informed that long time economist and Professor Paul Samuelson has passed away at the age of 94 after battling an undisclosed illness. Samuelson has impacted the school of MIT greatly as he is a contributor to their highly prestigious economic department. His independent influence in economics has also been wide spread and will continue to be long-standing in the field of economics. We will now tune into a live coverage of Samuelson’s most recognized understudy, Corey Jenkins, as we will hear his reaction to the unfortunate death followed by a quick, informative QA with the media. Corey: Thank you all for coming out today and†¦show more content†¦Even though Samuelson was considered a modern economist, he did not follow the current trend of specializing in a specific facet of economics, yet was considered a generalist and impacted many areas of economics such as consumer behavior, inflation, finance, international trade, business cycles and countless other areas. His most recognized work is found in his book on the Foundations of Economic Analysis which he published in 1947. The work attempts to identify and formulate the unifying and underlying general economic theories which enables the connection among varying aspects of individual theories. Basically, he attempted to find general equilibrium conditions and formulas that were derived from similar principles of differing economic theories. He was the first American to win the Nobel Prize in 1970 for his work in increasing the analytical level of economics. Some of his conceptual theories and mathematical models that enhanced dynamic economic analysis were revealed preference, the Heckscher-Ohlin-Samuelson model, and the multiplier accelerator model. Many of his contributions also apply directly to welfare economics which was an upcoming economic field during the span of his work. He was considered one of the first mathematical economists and critiqued previous thinkers for not attempting to analyze the laws they claimed existed, yet just establishing the concept and believing it works based on continuous trial and

Fossil Fuels A New Form Of Energy - 2059 Words

Imagine New York City right now with all its bright lights, crowded streets full of cars, and amazing architecture such as skyscrapers and subway systems. Now let a few decades go by and take away fossil fuels, what is left now? A dark city with empty streets littered by useless vehicles and empty buildings and tunnels. Why did all of this change and why was this simple form of energy removed? That is because at the current rate of consumption fossil fuels will not last more than a few decades, plunging large cities into darkness. So how can this be fixed? Fossil fuels are being depleted and there is no changing that, so there must be a new form of energy, such as renewable energy, introduced into society. The Industrial Revolution signified the beginning of a new way of using fossil fuels as a resource. Starting towards the end of the 1700s this resource fueled economy began in Britain and then began to spread to the United States (Andrews). However, this fuel source didn’t reach full potential until later on because the sun and the earth had fueled America even during the 1800s in a harmless fashion (Andrews). The first big surge in fossil fuel usage was when harvesting coal became big business in Pennsylvania and Virginia in 1830 (Andrews). Usage continued to increase in popularity, especially when coal mining extended a helping hand in the Civil War, helping the Union get ahead of the Confederacy (Andrews). As popularity and usage grew coal mines provided jobs forShow MoreRelatedNew Energy for the Future1358 Words   |  6 PagesNew Energy for the Future For years man has relied on energy in order to be successful in life. The industrial revolution relied on coal for the new inventions brought into the world. Life as has never been the same since then. However since that time, there has been little done to improve on energy efficiency and humans still primarily rely on fossil fuels for energy. For over a hundred years the Earth has become more polluted and dirtier than ever before. Now, with new, innovative technology thereRead MoreFossil Fuels Are Bad For Our Environment889 Words   |  4 Pages Fossil fuels are bad for our environment, and in a economy that is struggling, there is no point in pouring billions of dollars a year into an energy source that is killing our other resources. This kind of spending and reckless destruction of our environment will eventually have to stop. The question is, when it does what will we do? There are many other forms of alternative energy that are accessible to us right now. These energy sources will eventually have to be used in the place of burningRead MoreUnited States Energy Crisis During 1970 Essay examples1271 Words   |  6 PagesThe energy crisis of the 1970’s caused authorities to search out other renewable sources of energy, which currently remain undeveloped and keep the U.S. today generally dependant on foreign fuel. According to Merriam Webster dictionary, a crisis is a â€Å"difficult or dangerous situation that needs serious attention.† The energy crisis of the 1970’s produced a backlash that affected much of the economy and spread fear and panic over the United States. Energy Crisis (1970’s) states that the crisis officiallyRead MoreNew Is Not Always Better Essay1208 Words   |  5 PagesNew Is Not Always Better Humans have been taught, since the beginning of time, to never settle and always to improve. One of the biggest areas in which this is true is in the area of energy needs. Coal and fossil fuels have been used for a long time and are now considered crude and outdated. Many governments and companies are now searching for cleaner and renewable alternatives such as solar energy, bio-fuels, and wind energy. Although these new sources are great for additives to the energy marketRead MoreThe Conservation Of Fossil Fuels1690 Words   |  7 PagesDanny Rivera Ms. Weiland English 4 25 September 2014 Conservation of Fossil fuels Current fossil fuel usage continues to dominate the global energy sector. Our atmosphere can only take so much damage before it gives in. Our atmosphere protects us all the time from the sun’s damaging rays, the least we could do is take care of it. The atmosphere’s well being is not the only problem we could face. Global warming is causing the Earth’s ocean levels to rise, although the water rises slowly it couldRead MoreHow Can The United States Lessen Its Dependence On Fossil Fuels?1302 Words   |  6 PagesHow can the United States lessen its dependence on fossil fuels? Joan Milton Western Governor’s University How can the United States lessen its dependence on fossil fuels? Introduction The U.S obtains more than 84% of its energy from fossil fuels including oil, coal and natural gas. This is because people rely on it to heat their homes, power industries, run vehicles, manufacturing, and provision of electricity. It is apparent that the country’s transportation industry highly depends onRead MoreCan Sustainable Energy and Fossil Fuel Co-Exist1389 Words   |  6 PagesCan Sustainable Energy and Fossil Fuel Co-Exist? In recent years, the question of America’s power source has been the topic on more than a few dinner and boardroom tables across the country. In fact, it is even talked about in the offices of governors and the POTUS. The reason why so many people are raising this question is the rise in petroleum prices and the depletion of natural resources. The rising prices of petroleum is not a new thing; It has happening for decades, but the American peopleRead MoreConverting Energy Essay824 Words   |  4 PagesConverting Energy 1 The Law of Conservation of Energy states that energy can neither be destroyed or created, only transferred or transformed. That being said, each form of energy has the ability to be converted into another form of energy. And since there are several forms of energy, that makes many different conversions achievable. Almost all technological gadgets convert one energy form into a new one. The vast number of devices that can convert energy into other states of energy are termedRead MoreViable Alternative Energy For Replace Fossil Fuels1724 Words   |  7 Pages Viable Alternative Energy to Replace Fossil Fuels Nauman Syed Zia University of Houston Nearly all of the United States production of energy comes from non-renewable sources, also known as fossil fuels. However, the problem with using fossil fuels to satisfy the United States ever-growing demand for power is that they are a limited resource and their production and usage cause a myriad of harmful environmental effects. There are other sources of energy available that do notRead MoreDifferent Types of Energy and Its Many Uses969 Words   |  4 PagesIn the world today there are five different forms of energy available to us to use: mechanical, chemical, radiant, electrical and nuclear. (Tillery, 2009 p. 62) Each of these forms of energy can be converted from one type of energy to another. An example of this would be electrical energy turning into mechanical energy every time you use your blender. The electrical energy flows through the mechanical device providing it the power it needs to make the blade move in a circular motion and blend

Goo Earth Essay Example For Students

Goo Earth Essay #Quotes/ResponsesPage #1There was a woman coming to the house. Never again would Wang Lung have to riseat dawn to light the fire. He could lie in his bed and wait.2This quote shows the reader the kind of role the woman was supposed to have in her family. She was to do all of the housework, cooking Basically she takes care of the mans every need. 2Come here, slave, said the old lady carelessly. This man has come for you.13Female children were often sold as slaves to rich families. This wasnt done with male children, which shows that the male children were held in much higher regards, and that they were worth more to a family. 3Is it a man? he cried importunely.27Male children were wanted more than females because they could own land and grow crops, something that the government prohibited females to do. 4It is over once more. It is only a slave this time-not worth mentioning. Wang lung stood still. A sense of evil struck him. A girl!46Wang Lung wasnt any exception to the rule with girl children. He just wanted to have male children because girls just caused a whole lot of trouble in his eyes. 5I would sell this girl for you-to take you back to the land.83Olan was willing to sell her daughter so that her family could go back to their home and their land. Wang Lung did not think that it was right to do so. Olan thought that it was ok because she was sold into slavery when her parents needed money6My mother did not bind them, since I was sold so young. But the girls feet I will bind-the younger girls feet I will bind.122The women were expected to have their feet bound to make them smaller and more beautiful. The women were expected to go through a lot of pain to be presentable to their husband. 7He chose one most beautiful, a small, slender thing, a body light as a bamboo and a little face as pointed as a kittens face, and one hand clasping the stem of a lotus flower in bud, and the hand as delicate as the tendril of a fern uncurled.126This quote refers to Wang Lung when he went to pay for his pleasures with a beautiful woman. This kind of thing was ok for a man to do. He could have as many women as he wanted, but a woman could not do the same. 8I shall never sell the land! Bit by bit, I will dig up the fields and feed the earth itself to the children and when they die I will bury them in the land, and I and my wife and my old father, even he, we will die on the land that has given us birth. 619Hunger makes a thief of any man.10110Then Wang Lung, without comprehending it, looked for an instant into the heart of this dull, and faithful creature, who had labored all her life at some task at which she won no reward.10611Then slowly she thrust her wet wrinkled hand into her bosom and she drew forth the small package and she gave it to him and watched him as he unwrapped it; and the pearls lay in his hand and they caught softly and fully the light of the sun, and he laughed. But O-lan returned to the beating of his clothes and when tears dropped slowly and heavily from her eyes she did not put up her hand to wiped them away; only she beat the more steadily with her wooden stick upon the clothes spread over the stone.134/512But s he answered nothing except to say over and over, moaning, I have borne you sonsI have borne you sons.'14013It seemed to him that now his life was rounded off, and he had done all that he said he would in his life and more than he could ever have dreamed he could.24114Out of this body of his, out of his own loins, life!2315Yet never could he grasp her wholly, and this it was which kept him fevered and thirsty, even if she gave him his will of her.130Words/ Pages : 700 / 24

Working in the global economy an Example by

Working in the global economy During the early 1970s the temporary agencies were only really visible in the US, and the European markets of the UK, France and the Netherlands. The industry has now become truly international. Estimates suggest it is now worth some US $120 billion annually. (Staffing Industry Analysts, Inc, 2003). The development of temporary agencies forms an integral part of these new dynamics of labor market regulation. Growth of multi national investment in the 1990s and the entrance of one or two multi national agencies created the conditions for agency business to expand slowly in the absence of formal legal recognition. Need essay sample on "Working in the global economy" topic? We will write a custom essay sample specifically for you Proceed Temporary agencies are increasingly playing a systematic macro regulatory role in the US labor market, where they now account for a big share of costs of labor market adjustment. Temporary agencies development is closely linked with the wider restructuring of the US economy where it has assumed a significant presence as a low cost flexibly mediated labor. During the last thirty years, the temporary agencies have moved from the role of staffing provider, supplying short term cover for eventualities such as seasonal spikes and maternal leaves in demand. They now have a more systematic and continuous function, mediating between companies personnel offices and their preferred labor suppliers across an increasingly broad array of industries and occupations. Temporary agencies ability to embed themselves in the labor market has been remarkable so that now it can be seen as a sign of flexibility not just at the micro level (meeting the needs of individual enterprises), but also at the macro level mediating socio-economic risks ad macro economic pressures across the labor market as a whole. Some employers have turned to temporary staff agencies to source workers for high-turnover or undesirable jobs such as assembly, loading and packing which demand physical work). Others utilize temporary workers as a recruitment and screening pool for permanent employees as is often the case now in clerical labor market. The form and rationale of temporary employment relationships therefore vary significantly; they range from the large-scale deployment of replaceable day-laborers in construction and manual service work through to few assignments of professionals with unique skills set in fields such as IT and healthcare (Melchionno, 1999). Standing between employer and the employee, staffing agencies have assumed important, third party roles in screening, recruitment, placement and reassignment in job design, in supervision and labor control and in the structuring of remuneration and incentive systems. By this they shield firms from regulatory costs, such as exposure to workers compensation claims or unemployment insurance, while also denying temporary workers benefits such as health insurance and pension entitlements. There is strong evidence in the historically dislike pattern of the employment restructuring around the 2001 recession that temporary agencies are beginning to register significant economy wide effects. They performed a shock absorber function enabling businesses to externalize the costs of economic fluctuations and regulatory risks. They absorb all the employment related costs of a cyclical downturn, thereby preventing the need to lay off permanent employees. Employers are adding temporary workers well in advance of permanent employees. They are also making flexible employment strategies a central elongated process of workforce adjustments which include adding workers employed on temporary contracts while continuing to shed permanent employees. It seems that the temporary agencies no longer perform a benign and marginal function, as a leading indicator of wider labor-market conditions. Increasingly, it is implicated in establishing and maintaining these conditions. Over the years the temporary agencies have evolved from small scale service providers; located in a handful of large and industrial and major administrative centers, to diversified business sector, offering a various services in competitive markets across the country. They can now be regarded as a stable component of the regulatory infrastructure of the labor market. As a result, the temporary option is now factored into hiring and human-resources decision, in ways that would be unthinkable in the 1970s (Silber 1997 Lenz, 2004) Temporary agencies with their characteristically narrow margins and low barriers to entry, has been enabled to wean itself away from the high volume business model. Download pressure on billing rates makes the service increasingly attractive to employers, but also places stubborn limits on the remuneration of temporary workers. As employers continues to use temporary agencies as part of ongoing recruitment and cost entertainment policies there are serious consequences on systems of social protection and insurance (Peck and Theodore, 2002). It is possible to observe some common trends, such as the tendency for young people in particular to be employed as temporary workers, as they enter very different types of labor market to that which their parents entered a generation ago. There are countries with no data on temporary agencies as most they remain unregulated. For example in Czech Republic and Poland, where legislation was introduced in 2004 that for the first time recognized temporary agencies, there is no data on them and the workers they place. Temporary agencies are here to stay and will continue to affect the flow of labor markets between countries and in essence affecting the global economy. References Grabelski, J (2001). Temporary employment agencies: strategic challenges ahead, NEIS E- Bulletin 17, Washington DC: New Economy Information Service. Segal, L and Sulliram, D (1997).The growth of temporary services work. Journal of Economic Perspectives. Vol.11 pg177-36. Theodore, N and Peck, J (2002). The temporary staffing industry; growth imperatives and limits to contingency, economic Geography, Vol. 78 Pg 463-93.

Your 3 Step Cheat Sheet on How to Get a Job

Your 3 Step Cheat Sheet on How to Get a Job If you’ve been on the job hunt before, you know that a stellar resume and solid-gold experience are really only part of the process. Everything else hinges on how you present yourself in writing and in person. Hiring managers aren’t shy about sharing tips for job-seekers- after all, they have a huge interest in finding the best person available, and they want you to be that person. It’s a win all around when you get hired, so it’s in your best interest to take their recommendations to heart. So what do you need to know? Let’s walk through some of the most important strategies on how to get a job. . 1. Before You Apply2. The Interview3.  After the InterviewBefore You ApplyDon’t just dive in without a plan–disorganization will make both you and your job search process scattered and messy.Be focused (and realistic) in your search.If you’re looking to move up in your field, don’t apply for jobs that are a total reach for yo u, experience-wise. Make sure you’re applying for jobs that you can plausibly do with your experience level and skills. (The Muse recommends having 80% of the job requirements if you’re reaching.) If you’ve only had one three-year job out of school, applying for a CEO position because it came up in a keyword search is not going to be a productive use of anyone’s time. If a job calls for five years of experience when you have four years plus the requisite skills, that’s more reasonable. Just prepare to emphasize the skills and qualities that qualify you to do the job. Don’t apply indiscriminately for jobs in your industry and wait for something to stick.Know the job and the company.If you get stumped by a basic question like, â€Å"So what attracts you to this company?† in the interview, things are not going to go great from there. Doing some super-basic research ahead of time is the bare minimum of the prep you need to do when you app ly for a job opening. Not only can it help you form your interview talking points, but it could also set off any red flags early in the process. If you’re really interested in a marketing position at GiantCorp, but find out that you’d be marketing baby seal poison, that might not jive very well with your longtime ASPCA volunteering. It’s a waste of your time (and the hiring manager’s) if you go far down the path for a position or a company you’re really not interested in.Also know the company’s culture.If you’re looking for a company where you can wear jeans a few times a week and have a strong work-life balance, then you’re not going to be very happy if you accept a job at a place where you’re expected to wear formal business attire for your 75-hour work week. This can be tough to scope out ahead of an interview, but if you poke around the company website and check sites like Glassdoor, it can give you a glimpse into wh at it’s like to work for the company.Tailor your resume.This goes back to the first point, about not taking a one-size-fits-all approach. The recruiter or hiring manager is looking for The One, the Candidate to Rule Them All- not a vague outline of a person. Your job is to make them see how well you fit into this role, not every possible job opening. Before you apply, make sure your resume is massaged to match the job description, and you’ve played up your skills and experience accordingly.List job-specific skills on your resume, especially software.This is kind of an extension of the tailoring, but it also works even if the job description doesn’t ask for specific software proficiency. This is a quick, easy way to convey very specific information to the hiring manager. If you decide to hold out until the interview to talk about your Excel ninja skills for a job that lives and dies on spreadsheet analysis, it might already be too late, with your resume in the â €Å"nope† pile. It’s also an easy way to get past automated resume readers and keyword searches.The InterviewCongrats! You’ve made it to the next step. The prep work is done, right? Not so much. This just opens up a whole new set of expectations.Be confident- and show it.There’s always a chance that the interviewer will see past any nerves and decide that you’re supremely qualified, despite your nervous rambling or lack of eye contact. (I say this with love and respect, as a fellow introvert who has always struggled with interview confidence.) But you can’t really bet on that- you need to be as confident and clear as you can be in the interview. Practice your talking points (skills, experience) ahead of time, so that pauses can’t be misconstrued as â€Å"stalling for time† or its insidious cousin, â€Å"making stuff up.† Practice your interview handshake and eye contact, as well as your body language. And try to relax. T he stakes may feel high, but you want the interviewer to see as much of the real you (awesome professional edition) as possible.Be early(ish).The interview arrival sweet spot is 10-15 minutes ahead of your scheduled time. That gives you time to check in with someone (a receptionist, building security, etc.) and sit quietly for a minute to collect your thoughts. Being late is a no-no, but so is being too early. It’s awkward to sit around, and it’s awkward for your interviewer if he or she knows you’re just sitting around for 20 minutes while they wrap up another interview or try to get something done before your meeting. If you find you’re about to arrive at the place really early, kill time outside. If there’s a coffee place nearby, grab a small cup of your preferred beverage (maybe even a lucky scone). Catch up on headlines. Review your interview prep notes. Then, when you’re down to ten minutes ahead of game time, head into the building.Dr ess the part.Even if your pre-interview research tells you that everyone wears fashionably ripped jeans and concert tees to work at this place, dress up for your interview. Going too casual telegraphs that you don’t take this very seriously. You will never go wrong wearing with a clean, ironed, well-fitting suit for your interview.Don’t be snarky or inappropriate.Tone is super-important in your interview. You want to be approachable, and light jokes are fine- especially in the small talk phase at the beginning, or later in the congeniality competition. However, keep it light, and never make jokes at the expense of the interviewer, or the company.Don’t lie.Just don’t. Don’t exaggerate your Spanish skills on your resume, because you might walk into an interview with someone who spent three years living in Barcelona. Don’t suggest that you practically ran the place at your old job, because a quick call to someone at your old company could contr adict that right quick. It’s okay to play up skills and experiences, but always be sure you can back them up with specifics and references. If you get caught lying, that’s pretty much an automatic dealbreaker. Even if it’s a little fib, it throws your whole resume in doubt.Ask questions.If you don’t have any questions about the job, the day-to-day, or the people you’d be working with, the interviewer may get suspicious that you don’t care, or that you don’t really see yourself in the role. Up to now, it’s likely that you’ve only seen the posted job description- and those are usually bare bones at best. This is your chance to learn more about what the job is actually like, and figure out how you see yourself fitting in.RELATED:  The Best Questions to Ask During A Job InterviewAfter the InterviewYour job isn’t done when you walk out of your interview. For better or worse, you’re being judged on your post-in terview behavior–stay on your best and classiest behavior all the while.Send a thank you note.Even if the interview went terribly. Even if you said a lovely and poignant â€Å"thank you† to the interviewer as you left the room. Send the thank you note. It’s a nice touch, and lets the interviewer know that you’re still engaged and vested in this process. If you can drop a quick handwritten note in the mail, great- people appreciate that personal touch. At a bare minimum, send an email that same day.RELATED:  6 Steps to Writing a Great Thank You NoteDon’t pester anyone for a response.Whether you’re a kid or you’re a grown professional anxious to get word about your future, â€Å"Are we there yet? How about now? Okay, how about†¦now?† is not a good look. After the interview, give the company room to breathe. They might be meeting with other candidates, or going through an internal review/approval process. You won’t w in any bonus â€Å"hire me† points by checking in with HR (or the interviewer) every single day. Before you leave the interview, ask the interviewer if there’s a time frame for next steps. If that time passes and you’re anxious, you can send a brief email asking if there’s anything further they need from you. If you don’t hear back after a month, especially if your check-in email went unanswered, it’s safe to assume this just wasn’t to be.Remember: even when this job hunt feels like an impersonal process, there are always humans behind it reading your resume, and trying to get a sense of who you are. They see the good, the bad, and the ugly come across their desks when it’s time to hire someone new, and have a vested interest in making sure you fall into the â€Å"good† category and become an asset to their team. It may feel like a bit of a chore to have a checklist of actions to make yourself more appealing, but it†™s totally worth it in the long run.

Grammar Tips Adjectives and Adverbs

Grammar Tips Adjectives and Adverbs Grammar Tips: Adjectives and Adverbs When we want to add extra descriptive detail to a sentence, we use adjectives and adverbs. These are words that modify other words or clauses in a statement. But there’s an important distinction between adjectives and adverbs, which is crucial to understand if you want to make sure your writing is grammatically correct. In the following, we explain how each of these word types should be used. Adjectives (Modifying Nouns) Adjectives are mostly used to modify nouns and pronouns, usually to tell us something about the properties or character of an object, concept or person. This can be useful for identifying a specific individual. For instance, the adjective â€Å"sad† can be combined with the noun â€Å"clown† to make the noun phrase â€Å"sad clown.† This would make the clown in question distinct from a â€Å"happy clown.† Life is hard when your emotions depend on your makeup. Different adjectives are used to describe different qualities, including: Size and shape (e.g., â€Å"shark’s teeth are small and triangular†) Color (e.g., â€Å"the red sky†) Texture (e.g., â€Å"a fuzzy kitten†) Taste (e.g., â€Å"a minty flavor†) Sound (e.g., â€Å"a deafening explosion†) Age and time (e.g., â€Å"the old man gave a lengthy speech†) Emotions and character (e.g., â€Å"she was pleased with the result†) Quantity (e.g., â€Å"many people†) The key thing is that adjectives name an attribute of a noun. Adverbs (Modifying Action) A verb is an action word. To show how an action was performed, we use adverbs. For example, to describe the speed that something happened, we could use an adverb like â€Å"quickly† or â€Å"slowly†: Put the gun down slowly and raise your hands! Should I raise them quickly or slowly? Some adverbs can also be used to modify an adjective and add extra detail. In the following sentence, for instance, the adverb â€Å"truly† is used to emphasize to the adjective â€Å"terrible†: I feel truly terrible about the incident with the gun. In addition, adverbs can modify other adverbs. The adverb â€Å"more,† for example, can be used to show the degree to which another adverb (e.g., â€Å"sincerely†) applies: You need to apologize more sincerely than that! It’s often easy to spot an adverb because many end in â€Å"-ly.† But this isn’t always the case, such as with â€Å"more† or â€Å"very,† and not every word that ends â€Å"-ly† is an adverb, so you should be careful when using this guideline. Forming Adverbs from Adjectives Many adverbs are formed by adding â€Å"-ly† to the end of an existing adjective (or replacing the â€Å"-y† with â€Å"-ily† if the adjective already ends in a â€Å"y†). However, if you’re not sure whether you’ve formed or used an adverb correctly, having your work proofread can help.

Management Information Systems IP Four Essay Example | Topics and Well Written Essays - 750 words - 1

Management Information Systems IP Four - Essay Example The third is the Piloting the Valero with real-time management case study in which the Valero, a Texas-based oil refinery needed a system that could be able to display real-time data about issues concerning the plant. Virtual reality is a three-dimensional space, which is a computer generated interactive space. Virtual reality immerses its users in the virtual world while the augmented reality keeps in touch with the real world. Augmented reality uses any of the three major display techniques to be able to achieve the blend of reality mixed with real-life images and graphic effects. The display techniques are hand held displays, head mounted displays that provide the virtual environment and shut out the real world, and spatial displays that mount graphical information on physical surfaces. It has been used to improve marketing in the sense that it helps involve the customers and is able to communicate to the customers in an interesting and interactive way with relevance to them. In 2009, Esquire magazine was able to use this in their advertising where they added several stickers, which had designs that had this ability. When held up to a web camera, it started interactive video segments featuring the issue’s cover, Robert Downey Jr. (Ovide, 2009). In image guided surgery, a CT scan and MRI provides the necessary data that is superimposed on the patient in the operating room. In real estate, this has been employed to help the user find information they need on the go, since smart phones have GPS, cameras and internet. Therefore, one can just point their phone on a building and the value of the building per square meter and a small photo accompanied by a live image project from the phone’s camera, hence provide real estate information on the go (Macintosh, 2010). The U.S stock markets on May 6, 2010 experienced a sudden and quick plunge at 2:42 PM, which