If you make rice on a regular basis, then the convenience of a rice cooker cannot be ignored. You just measure the correct amount of rice you wish to cook, add some water or broth, and then a little butter or oil. When the rice cooker cycle has completed, you’ve got fluffy rice to enjoy.
Here are some of the pros and cons to consider when owning a rice cooker.
List of the Pros of a Rice Cooker
1. It cooks the rice for you automatically.
You’re not required to fuss over the rice cooker like you would in a saucepan or other cooking vessel. Just measure the rice and liquid, set the lid, and turn the machine on. The rice cooker will then shut off its cook mode when the cycle is complete.
2. It keeps your rice warm.
Once the rice cooker finishes its cooking cycle, most models offer a warming feature. That allows you to keep the rice warm without overcooking it while you finish up the rest of your meal.
3. It is easy to clean.
Although there are some exceptions, many countertop rice cookers offer components that are safe to put in the dishwasher.
List of the Cons of a Rice Cooker
1. The bottom rice can burn if you’re not careful.
Once the rice begins to cook, it is a good idea to stir the rice every 2-3 minutes until the cooking cycle is complete. It isn’t necessary, but if you stir a few times, you’ll prevent the bottom layer of rice from being burnt.
2. It uses non-stick technologies.
Because the container for the rice uses non-stick technology, you must use specific utensils when scooping out the rice. If you use metal utensils, the surface may be scratched, which then leads to an inferior cooking experience over time.
3. It may not turn off.
Some of the entry-level rice cookers will turn on when you plug them into a receptacle, then turn off when you unplug it. If you forget to remove it from the power source, then the unit will always stay on.
These rice cooker pros and cons are easy to manage with some proactive efforts. Keep them in mind as you shop to make sure you purchase the best model to fit your needs.
A revocable trust is a component of estate planning which allows the provisions to be altered or canceled by the grantor. When income is earned within the trust, it is distributed to the granter. Upon death, the property then transfers to the trust’s beneficiaries.
Here are the pros and cons of a revocable trust to consider.
List of the Pros of a Revocable Trust
1. It offers an income stream for the grantor.
A revocable trust is often referred to as a “living trust.” That is because it can be used by its creator for income while still alive. Then it can be used as an easy method of distributing wealth through an estate after death.
2. It allows for personal control.
In most situations, the creator of the revocable trust can act as the trustee and the beneficiary, which means you’re always in control of the assets which you own. At the same time, it also allows for incapacity protection. The person you’ve named to take over the trust can do so while you are still alive to keep all financial affairs within the family. You’re able to avoid the issue of a conservatorship through the structures of a revocable trust.
3. It avoids the issue of probate.
When an estate is being distributed as an inheritance, some families decide to use a revocable trust to make the process easier. In most situations, the presence of a living trust eliminates the time and expense of probate. Unless there is an unusual situation, courts typically stay out of the plans of a living trust.
4. It offers protection from court challenges.
Challenges to a will are rare. Challenges to a living trust are even rarer. If a lawsuit is filed against a living trust, however, it is more difficult to be successful than a lawsuit against a will. That is because the creator of the living trust stays involved with it, providing evidence that you were competent in the decisions being made.
5. It protects your privacy.
A revocable trust is a private document which includes all involved parties. It does not become part of the public record. That means no one is able to go through a public records search after you pass away to see who got what in your decision to distribute your estate. That is an advantage a standard will is unable to provide.
List of the Cons of a Revocable Trust
1. It excludes some asset types.
Not every type of financial asset you may own qualifies for inclusion with a revocable trust. The most common account type that is excluded is a retirement account, because it would create tax acceleration consequences.
2. It provides no tax advantage.
A revocable trust is a mechanism that makes is easier to distribute wealth to your heirs or create a safer form of income for yourself from standard assets. There are no tax advantages found with this option. If you’re wanting to save on estate taxes or income taxes, then you’ll need to use an irrevocable trust and give up some control over some of the assets.
3. It requires retitlement.
If you’re going to start a revocable trust, then you must retitle all of your assets to permit them to be held by the trust. That is the only way for the benefits of this trust option to be realized. Then the entire estate must be monitored to ensure that the objectives of the trust are being met. Should you choose to not retitle an asset, or you forget about an asset, then it will fall outside of the trust and be dealt with separately.
4. It comes at a higher cost.
The cost to have an attorney draft a living trust arrangement for you in the United States begins at $1,000 in most geographic locations. For a married couple, the cost to prepare a living trust can be as high as $2,500. For that reason, it may not be the right option for everyone. It is one of the more expensive options available for estate planning today.
The pros and cons of a revocable trust are designed to help individuals and couples make important decisions about their finances near the end of their life. It is a way to avoid probate and confrontation while still providing an income source that can be used. It does take time and comes with an added cost, which is why this choice should be discussed with your financial advisor before a final decision is made.
Regenerative braking systems are equipped to hybrid vehicles and electric-only automobiles. The goal of this system is to capture the energy created when braking, allowing the battery to be charged from the process.
Here are the pros and cons of having a regenerative braking system equipped to your vehicle.
List of the Pros of a Regenerative Braking System
1. It improves the fuel economy of the vehicle.
The amount of fuel consumed can be dramatically reduced with this type of braking system. The International Journal of Vehicle Design noted in 2011 that fuel consumption covering the NEDC (New European Driving Cycle) was improved by 25%.
2. It allows for traditional friction-based brakes.
A friction braking system is included with a regenerative system to ensure a vehicle is able to stop in time.
3. It prolongs the charge of the battery.
Once the energy is captured by the regenerative brakes, the energy is used to recharge the batteries of the vehicle. Because this energy would normally be lost, it allows each vehicle to experience a prolonged charge while driving.
4. It reduces the wear and tear on the braking system.
Because an electric drive train is part of this system, the greater efficiency given to the braking allows for a reduced level of wear on the brakes of the vehicle. With standard friction brakes, there is no way to accomplish this benefit.
List of the Cons of a Regenerative Braking System
1. It offers a sliding scale of benefits.
The effects of regenerative braking decrease with the speed a vehicle is traveling. At low speeds, friction brakes are required to bring most vehicles to a complete stop. That means there is still energy being lost.
2. It offers a different feel to the driver.
Regenerative braking systems feel different to drivers who are used to traditional systems. The brake pedal on the vehicle often feels soft, described as “mushy” by many drivers. Until you get used to the new system, some may have a lack of confidence in the capabilities of their brakes.
The pros and cons of a regenerative braking system offer drivers new benefits and cost-savings opportunities. It’s one primary limitation is the requirement for friction-based brakes during low speed situations.
A referendum is defined as a general vote by a specific electorate over a specific political question. The decision may take the form of a ballot question, a private survey, or a poll. The results of the vote are then implemented by majority vote.
Here are the pros and cons of referendums to consider.
List of the Pros of Referendums
1. It provides a level of political support for difficult decisions.
If there is a difficult decision to make, then a referendum can solidify support for it. When a majority of the people back a political decision, it helps to create a lock in the choice, making it easier to proceed.
2. It creates specific points of negotiation.
The priorities of the politicians may be different than the priorities of the people. By offering a referendum, the government is able to glean information about what their districts desire, making it easier to create policies or procedures which reflect the majority’s will.
3. It creates a mandate to follow.
In Colombia, the government had negotiated a peace deal with FARC, which had promoted civil conflict within the country for over 50 years. The referendum to proceed with the deal was rejected by 50.2% of the people, which created a mandate for the government to find a different way to operate. If any ruling body is unsure of which direction to go, they can seek a mandate from the people to know how to proceed.
List of the Cons of Referendums
1. It allows for false actors to campaign for specific results.
Referendums allow for a campaign to be started for each side of the question proposed. Campaigns provide space for false actors to misrepresent positions to the general public. Because the goal of a referendum is to provide more information to everyone, the false information offered is often believed.
2. It creates division.
Referendums create division within communities, especially if a narrow victory or loss occurs. These divisions take time to heal, if they ever do.
There is one general rule for a referendum: if you call one, there needs to be a level of certainty that you will win. The pros and cons of referendums show that the political costs for those who lose are often great.
Mandatory military service or military conscription is a strategy used by countries to build a large and powerful military ready to be deployed in times of war or when the need to protect the sovereignty of the state arises.
Many governments in history had used it, including the Qin Empire of China in 221 BC and France during the French Revolution in 1790s. Some countries impose mandatory military service even today. Among which are North Korea, which extends its 10-year military conscription last 2014; Myanmar, which requires the drafting of men and women into its armed forces; and South Korea, which imposes compulsory national service for all its citizens.
Mandatory military service is a controversial topic, and many objections have been raised against it on both religious and political grounds. This leads us to the question: Is compulsory conscription a good thing or a bad thing? Let us take a look at its pros and cons, and you be the judge.
List of Pros of Mandatory Military Service
1. Promotes National Unity
Mandatory military service can promote national unity in many ways. First, it allows citizens to learn and train together, creating that shared experience of having served in the military. Then there is also that general understanding of what life in the army is like, what is required of the job, and what has to be done in order to protect the country. Citizens are able to understand and develop appreciation for the sacrifices that people in the military made for their country. And all of these can bring people together, especially when dealing with a cultural or political threat from other nations.
2. Maintain Active Military Force
Having compulsory conscription to the military means having an active reserve of large body of armies that is ready to respond quickly and effectively to any threats to national security.
3. Ensures High Levels of Governmental Participation
With every citizen required to joined in the armed forces when the need arise, the public will be more aware and watchful of the government’s decision, especially in terms of national security and the like. With their lives at risk or at sacrifice, people will seek to understand more about the threats that face their country and will seek a greater voice on how their government approaches problems.
4. Can Provide Useful Skills
Life in the military can teach individuals more than how to throw a salute or shoot straight. The trainings they provide goes far beyond the technical skills needed to get the job done. Many military volunteers who have pursued a career in the civilian workplace mentioned several other skills and work-related attitudes that help them well in their job. These include teamwork, responsibility, initiative, stress management, diversity, and global awareness. Others learn the habits of healthy living and discipline as well as the skills in self-defense.
5. Promote Equality Among Citizens
Mandatory enlistment means that “no one” will be exempted from facing wars. All citizens, be they celebrities, rich businessmen or ordinary people, will be required to serve when the nation is facing war or in need of extra soldiers.
List of Cons of Mandatory Military Service
1. Violates Free Will
One of the arguments raised against mandatory military service is that it violates people’s rights to exercise free will. No one has the final say whether they should participate or not in the military training and enter the army since it is a compulsory mandate implemented throughout the country.
2. Interferes with Other Forms of Education
Mandatory military service typically drafts young men (and women) when they are at the peak of their learning ability (18 years old). This delays individuals’ pursuit for higher education as well as their entry into the into the civilian labor market, reducing returns to human-capital investments as a result.
3. Put Young People’s Lives at Risk
Though you might not like to think about it, part of the process is risking young people lives at risk. Casualties don’t just happen in actual combat or in the battle field but also during training and the like. Mandatory military service, which normally enlists able-bodied young people, put the next generation to serious harm and, at worst, death.
4. Compromises the Quality of Military Service
Unlike voluntary soldiers who are willing to undergo rigorous training and serve the country for a long time in the military, draft soldiers often lacks the necessary experience and preparedness, providing low combat skill quality when the time comes they are sent to war. This could lead to high casualty rate among soldiers drafted under compulsory military service.
5. Not Everyone Is Fit for It
Mandatory military service requires every citizen to join and serve in the armed forces, but not everyone is cut out for it. Whether it is mental issue, physical issue, or psychologically issue, not everyone is fit to meet the physical, mental and emotions demands of the job. Factors like anxiety, depression and the like should be carefully considered. Potentially killing someone is something that every person who was drafted in the military struggles with in their own way. A study conducted by the Anxiety and Depression Association of America showed that approximately 40,000 military members who returned from war in Iraq and Afghanistan suffered from post-traumatic stress disorder (PTSD). And that rate is three times higher among those who were deployed in combat than those who were non-deployed.
Mandatory military service has its advantages and has proven itself valuable in protecting the sovereignty of the state as well as in expanding its territories – take for example the Qin Empire that conquered a large area of what is now China, as well as the case of France during the French Revolution that was able to defend itself from the attacks of European monarchies in the late 16th century. However, its ramifications on the young people enlisted, the quality of military service, the labor market, the future generations and the like should be carefully considered.
There aren’t any clear records to show when the wearing of school uniforms really started. But this tradition has certainly been around for hundreds of years. In the United States, it was observed that more schools started to implement uniforms after President Bill Clinton pitched for the use of school uniforms in his 1996 State of the Union. The move was met with mixed reactions as some parties saw it as a nuisance and additional problem for students while others viewed it as the solution to improve the educational system and performance of schoolchildren in the United States. What do you think about school uniforms? This list of advantages and disadvantages might help you decide on your stand on the matter.
List of Advantages of School Uniforms
1. They create uniformity.
There can be a better sense of unity because everyone will wear the same clothes and they have a single identity. Also, there will be less competition among children about who has the more expensive outfits or who looks better or is more fashionable.
2. They give a sense of belonging and pride.
A uniform is an indicator of what school you belong to. This is especially beneficial for students who study in schools that are well known or are considered to be a top school in the locality. You can proudly wear your uniform and ‘show’ other people that you attend a good school.
3. They promote school spirit.
When everyone is dressed the same and feels proud to be a part of their school, it boosts morale. The student body has a greater sense of togetherness and pride, boosting school spirit.
4. They allow parents to save on time and money spent on shopping for school clothes.
Usually, school uniforms can be worn for a whole year or two. This means there isn’t a need to spend for new clothes every semester and parents don’t have to deal with picky children who demand expensive brands or a certain style of clothing.
5. They help students spend less time and energy on choosing what to wear daily.
Getting ready for school in the morning can be easier and faster. Plus, there is less stress in figuring out the whole night what to wear the next day or in trying to keep up with peers and fashion trends. Instead, kids can focus on doing their homework or other beneficial recreational activities.
6. They take away social segregation.
The way you dress usually dictates what sort of click you belong to, such as the goths, jocks, nerds, and so on. If everyone is dressed the same, it can take away the need to put a label on each person and the tendency to just stick with your ‘crowd.’
7. They provide a safer school environment.
Since all students are dressed in uniforms, it can be easier to pinpoint who is not supposed to be in there. This also prevents students from showing their gang affiliations by wearing certain colors or articles of clothing.
8. They encourage students to express themselves in other ways.
Because kids can’t show their individuality through clothes, they will try to express themselves through other methods such as the arts, academics, sports, or extra-curricular school activities.
9. They take away the need to create so many policies related to dress codes.
Most schools that don’t have uniforms have a dress code. But figuring out what rules to include can be taxing because they need to identify what materials, lengths and types of skirts are okay, what sort of footwear are inappropriate, and so on. With uniforms, setting an acceptable standard is easier since there is just one type of outfit to base the policies on.
10. They prevent bullying.
The way children dress is one of the most common reasons for bullying. Kids who dress differently or who can’t afford branded clothes are made fun of and discriminated. School uniforms can help stop this issue.
List of Disadvantages of School Uniforms
1. They take away individuality and freedom of expression.
Learning how to express yourself is a right that most parents want their children to learn from a young age. By not allowing kids to show their individuality through the way they dress, they may feel oppressed and discouraged to develop their own personality.
2. They can be an additional cost.
If children go to school 5 or 6 days a week, they needs at least 2-3 sets of uniforms.
3. They can cause additional stress to students and parents.
In relation to the point above, if the family can’t afford several sets of uniforms, they may have to wash the uniforms when the kids get home. This can be tiresome and takes away time that could have been spent on schoolwork or rest.
4. They can cause discomfort.
Some kids may have allergies or feel uncomfortable due to tightness and rigidness. This can affect their mood and learning throughout the whole day.
5. They promote an intolerance of cultures.
Most uniforms are not designed according to the cultural dress of a population or they represent only one culture. Also, lesbian, gay, bisexual, or transgender students may become confused if they should wear a uniform that represents their inner sexual orientation or their external gender.
6. They cause resentment among students.
As children start to develop their own opinions, they won’t like being forced to do something they don’t want to. So requiring students to wear uniforms against their will can breed resentment towards the school, faculty, and even their parents.
7. They could cause outside bullying.
School pride and rivalry is something that some students take very seriously in a negative way. They can taunt or bully kids belonging to a rival school who they can easily identify through the uniforms.
8. They undermine free education.
Unless the school or government will sponsor the cost of uniforms, it will be the students’ families who need to shoulder the expense. And this contradicts the idea of free education since public schools are supposed to provide education at no cost to parents.
9. They become a band aid solution to bigger problems.
Poor academic performance, school violence, and decreasing attendance are some of the major issues schools face today. Opposing proponents question if school uniforms are really the answer to solving these problems.
10. They can hinder a child’s decision making skills.
Since you do not allow students to choose what they can wear, you are taking away their right to make a choice for themselves. This can disrupt the development of their ability to form their own opinions or make choices, and interfere with their transition into adulthood.
The United States has always had considerable influence on other nations. The US has significant effect on other countries in terms of pop culture, technology, business practices, etc. However, the gravity of how much influence America has on other governments is evidenced by American Imperialism, which is the military, economic and cultural influence of the US on other lands, which usually goes hand in hand with expansion on a grand scale into other territories. This means to say that this influence could the US’ first step to creating an empire, which was first popularized at the time of James K. Polk’s presidency.
The concept of colonization and imperialism didn’t die when colonies turned into independent nations. For quite some time, American Imperialism ruled everything, and continues to exist to this day.
American Imperialism started during the Spanish-American war in the 1790s. One of the things that motivated American Imperialism is economic. During that time, the US was already gaining industrial power, which means that they were trying to find new markets to sell their goods. Another motive that led to imperialism was military power. In that era, the US needed bases where their naval ships could refuel. Imperialism helped them secure these bases, giving the country more power to show the rest of the world they were strong and important. The last of the motives was cultural influence. This was the time when America felt it needed to spread its superior forms of culture, religion and government to those who didn’t have much. This was also the time when America was competing for territories with Europe. Nevertheless, American Imperialism was also able to promote nationalism. It became a point of pride to ensure their colonies around the world.
Here are some of the important pros and cons of American Imperialism you can consider:
List of Pros of American Imperialism
1. It paved the way for global modernization.
America has always been a leader in many areas. For one, they created the transistor, which allowed people to listen to live broadcasts of current news and events. It was also in the US that modern robotics was first introduced, as well as the exploration of space. All of which have been brought to other countries through imperialism. As a result, other nations were able to develop faster than what they would have been able to do without the US’ help.
2. It helped develop global defense support.
With over 650 military bases in 38 different countries, American Imperialism has helped give the world some level of defensive support, protecting people around the world during conflict. This is by providing training, support, equipment and other resources.
3. It brought about industrialization.
And by extension, imperialism brought about globalization. It paved the way in the advancement of infrastructure and machinery, helping the colonized countries progress. As a result, there was improvement in the standard of living while literacy rate increased exponentially as educational institutes were established. Aside from that, resources were efficiently utilized for manufacturing and trade, improving economies around the world. What’s more, there was a significant increase in competition between local and international markets.
4. It resulted in the exchange of traditions, cultural ideologies and customs.
With America bringing influence to other nations, cultural ideas, language, food, religion and other things are exchanged. This led to nations broadening their horizons.
5. It led to a myriad of technological advancements.
Despite nations gaining higher pedestal long after imperialism was dissolved, no one can deny the fact that such concept brought about significant changes to the colonies in several areas, including transportation, infrastructure, roads, educational institutions and more. Aside from that, there were innovations in science, information technology and healthcare.
6. It helped fuel economic growth around the world.
Innovation is the main focus American Imperialism, which should allow the US to gain as much profit as possible. This resulted in the development of new products and services not only in the United States, but also in other countries. This has fueled economic growth.
List of Cons of American Imperialism
1. It can cause political feud.
No country, person or organization wants to be controlled by another entity, which is the reason that there were a few discords among groups or nations that co-existed before imperialism. Because America obtained cheap labor and had easy access to natural resources from their colonies, there was a gap of differentiation between nations. Aside from that, foul play was becoming more obvious, and then got worse while imperialism continued.
2. It leads to discrimination.
Exchange of traditions and cultures is a good thing, but it should come naturally, not forced. Unfortunately, there were countries that suffered this kind of discrimination as they were forced to adapt to foreign ideas and thoughts despite their protests. What’s worse is that many people from the colonies were shipped and used without them knowing or agreeing, especially in Africa.
3. It causes exploitation.
Citizens of the colonies who did not accept the beliefs of the superpowers of the colonizers can be exploited and punished for doing so. Aside from that, the colonies’ wealth and natural resources were exploited as well.
4. It requires a considerable amount of money to defend more than one nation.
American Imperialism is still present in several countries up to this day. With military bases in numerous places around the world, from Germany to Japan, it will require the US government to support all of these defensive forces.
5. It is seen as unnecessary.
Many opponents of this concept believe that the US government should have spent their own money on developing resources to eliminate dependence from other nations. However, America is spending this money on imported goods. With advancements in technology, the US could have eliminated most imports by producing their own technology.
Now the question is: should America continue to expand to other nations to provide support or should it retract its naval and military bases and give the colonies a chance to stand on their own? By weighing the advantages and disadvantages, you can decide whether you want to support American Imperialism or not.
Foreign direct investment (FDI) is made into a business or a sector by an individual or a company from another country. It is different from portfolio investment, which is made more indirectly into another country’s economy by using financial instruments, such as bonds and stocks.
There are various levels and forms of foreign direct investment, depending on the type of companies involved and the reasons for investment. A foreign direct investor might purchase a company in the target country by means of a merger or acquisition, setting up a new venture or expanding the operations of an existing one. Other forms of FDI include the acquisition of shares in an associated enterprise, the incorporation of a wholly owned company or subsidiary and participation in an equity joint venture across international boundaries.
If you are planning to engage in this kind of venture, you should determine first if it provides you and the society with maximum benefits. One good way to do this is evaluating its advantages and disadvantages.
List of Advantages of Foreign Direct Investment
1. Economic Development Stimulation.
Foreign direct investment can stimulate the target country’s economic development, creating a more conducive environment for you as the investor and benefits for the local industry.
2. Easy International Trade.
Commonly, a country has its own import tariff, and this is one of the reasons why trading with it is quite difficult. Also, there are industries that usually require their presence in the international markets to ensure their sales and goals will be completely met. With FDI, all these will be made easier.
3. Employment and Economic Boost.
Foreign direct investment creates new jobs, as investors build new companies in the target country, create new opportunities. This leads to an increase in income and more buying power to the people, which in turn leads to an economic boost.
4. Development of Human Capital Resources.
One big advantage brought about by FDI is the development of human capital resources, which is also often understated as it is not immediately apparent. Human capital is the competence and knowledge of those able to perform labor, more known to us as the workforce. The attributes gained by training and sharing experience would increase the education and overall human capital of a country. Its resource is not a tangible asset that is owned by companies, but instead something that is on loan. With this in mind, a country with FDI can benefit greatly by developing its human resources while maintaining ownership.
5. Tax Incentives.
Parent enterprises would also provide foreign direct investment to get additional expertise, technology and products. As the foreign investor, you can receive tax incentives that will be highly useful in your selected field of business.
6. Resource Transfer.
Foreign direct investment will allow resource transfer and other exchanges of knowledge, where various countries are given access to new technologies and skills.
7. Reduced Disparity Between Revenues and Costs.
Foreign direct investment can reduce the disparity between revenues and costs. With such, countries will be able to make sure that production costs will be the same and can be sold easily.
8. Increased Productivity.
The facilities and equipment provided by foreign investors can increase a workforce’s productivity in the target country.
9. Increment in Income.
Another big advantage of foreign direct investment is the increase of the target country’s income. With more jobs and higher wages, the national income normally increases. As a result, economic growth is spurred. Take note that larger corporations would usually offer higher salary levels than what you would normally find in the target country, which can lead to increment in income.
List of Disadvantages of Foreign Direct Investment
1. Hindrance to Domestic Investment.
As it focuses its resources elsewhere other than the investor’s home country, foreign direct investment can sometimes hinder domestic investment.
2. Risk from Political Changes.
Because political issues in other countries can instantly change, foreign direct investment is very risky. Plus, most of the risk factors that you are going to experience are extremely high.
3. Negative Influence on Exchange Rates.
Foreign direct investments can occasionally affect exchange rates to the advantage of one country and the detriment of another.
4. Higher Costs.
If you invest in some foreign countries, you might notice that it is more expensive than when you export goods. So, it is very imperative to prepare sufficient money to set up your operations.
5. Economic Non-Viability.
Considering that foreign direct investments may be capital-intensive from the point of view of the investor, it can sometimes be very risky or economically non-viable.
Remember that political changes can also lead to expropriation, which is a scenario where the government will have control over your property and assets.
7. Negative Impact on the Country’s Investment.
The rules that govern foreign exchange rates and direct investments might negatively have an impact on the investing country. Investment may be banned in some foreign markets, which means that it is impossible to pursue an inviting opportunity.
8. Modern-Day Economic Colonialism.
Many third-world countries, or at least those with history of colonialism, worry that foreign direct investment would result in some kind of modern day economic colonialism, which exposes host countries and leave them vulnerable to foreign companies’ exploitations.
Investing into another country’s economy, buying into a foreign company or otherwise expanding your business abroad can be extremely financially rewarding and might provide you with the boost needed to jump to a new level of success. However, foreign direct investment also carries risks, and it is highly important for you to evaluate the economic climate thoroughly before doing it. Also, it is essential to hire a financial expert who is accustomed to working internationally, as he can give you a clear view of the prevailing economic landscape in your target country. He can even help you monitor market stability and predict future growth.
Remember that we live in an increasingly globalized economy, so foreign direct investment will become a more accessible option for you when it comes to business. However, you should weigh down its advantages and disadvantages first to know if it is the best road to take.
Voting is a right and a responsibility. As a citizen of one’s country, it is important that you exercise your right to suffrage to help ensure that the government officials who are placed into office are the ones that the people actually voted. For many years in several countries, voting is non-compulsory. This means that the government does not force its citizens to show up at voting precincts to cast their votes. However, there are a number of nations that impose mandatory voting. These include Argentina, Australia, Brazil, Chile, Ecuador, Greece and Singapore, to name a few. Twelve of these nations aggressively enforce the compulsion of voting, giving penalties and charging fees who violate such law. One of these is Australia. It has been requiring its citizens to participate in federal elections since 1924. The country’s argument to this strict mandate is that it needs to address low voter turnout, which is currently below 60 percent.
Now, many people are wondering if compulsory voting is fair not. After all, the whole point of democracy is giving everyone the freedom to make their own choices, to voice out their opinions. Are you pro- or anti-compulsory voting? If you haven’t made a choice yet, knowing its pros and cons could help you make an informed decision.
List of Pros of Compulsory Voting
1. Increase Voter Turnout
It is not democracy if there is only 50 percent of voter turnout. If only half of the population turns out at voting precincts at election, it can’t be called a democracy. With the number of voters declining year after year, political analysts and a few citizens fear that there might come a time when it would just be the candidates’ kin, friends and colleagues who will bother to show up.
2. It Broadens Representation And Legitimacy
If voting is made mandatory, it will ensure that the government will be represented by a majority of the population, not just a few individuals. It will also guarantee that members of the society who are not as politically active will not be neglected. It will also prevent political leaders to claim greater legitimacy.
3. Lessen The Need For Large Sums Of Money In Campaigns
Whether people admit it or not, money plays a significant role in politics. But if compulsory voting becomes a law, there will be no need for politicians to be backed by billionaires to fund their political campaigns.
4. Make Campaigns Broader
Compulsory voting will assist in not targeting specific subgroups. If it is guaranteed that everyone will vote, then politicians would stop creating campaigns that are only targeted to certain people. This should also mean more pressure on politicians to represent the beliefs of all citizens. As a result, determining the best candidate would be easier.
5. Promote Political Stability
Where there is division there is instability. So when a nation has an alarmingly low voter turnout, it could increase the risk of political instability brought about by crises or leaders with hidden agendas.
6. Encourage Voters to Better Educate Themselves
If people are obliged to vote every election, they will most likely want to make the most of their votes. So, they would want to research more on each candidate to ensure they’ll be able to make the right choice. As a result, candidates would be forced to be more transparent about their stance on controversial issues. Furthermore, better informed voters will be able to determine unrealistic plans, ensuring fairer decisions in the future.
7. More Serious Elections
It will make people take elections as well as candidates more seriously. Compulsory voting would compel the people to be more proactive in building a government that will serve the majority, not only a few groups. This will lead to a better and more united nation.
List of Cons of Compulsory Voting
1. Violate Freedom of Choice
A democratic type of government means that it was built on the basis of respecting basic human freedoms and rights, particularly free choice. However, it can be violated if voting is made mandatory because people would not have the freedom to not express their opinion.
2. Decrease Interest
It could push individuals who have no interest in taking part of building a government for the people to vote. Although it could compel the citizens to educate themselves, there is also the possibility that those who are honestly not interested will be forced to vote. This could push people to choose candidates randomly, forfeiting the purpose of an election, which is to place deserving people in key positions. In other words, votes and consequently the budget spent for the polls will go to waste.
3. Minimize Right to Express Religion
It could take away people’s right to express their religion. There are religious sectors that discourage their members from participating in political events. Therefore, forcing them to vote explicitly violates their right to practice their religion.
4. Wrong it Punish Those Who Refuse to Vote
It would be unacceptable and unlawful to punish those who would choose not to vote. It would be a violation of fundamental rights to punish people who refuse to practice their right to suffrage. Again, voting is a right, which means that people should have the freedom to choose whether to vote or not. Besides, imposing penalties and/or punishment to citizens who have no interest in politics would be unlawful because 1) they did not harm anybody, 2) they did not violate anyone’s right, and 3) they did not break any law.
5. Encourage Informal Votes
This means that ballot papers with no appropriate markings of voting rules could be used to cater for the large number of voters every election.
6. Increase Law Enforcement Costs
It will require a considerable amount of money to enforce such law. If voting becomes compulsory, the government will be compelled to punish those who violate it. When this happens, it will require a large sum for law to be enforced, which would involve finding out who may or may not have broken the mandate. Although there would be fines as a result of a violation, these could not be enough to compensate what the government has to spend to impose the law.
In the end, it’s all about making it fair for all parties involved. If enforcing mandatory voting would violate people’s basic right to not vote, then it would not be a practical law.
Biodegradable plastics have two classes. These are bioplastics which are made from renewable raw materials and plastics that come from petrochemicals that have biodegradable additives. Created to minimize pollution from plastic pollutants, these plastic types will turn to compost after a certain period of time. However, there are upsides and downsides to the use of these materials.
List of Advantages of Biodegradable Plastics
1. Carbon Emission Reduction
One of the advantages related to the use of biodegradable plastics is the minimal emission of carbon in the air during the process of manufacturing bioplastics. As opposed to the normal manufacturing of plastics that create four tons of emissions, bioplastics only emit approximately .8 tons of carbon that add to the greenhouse effect and global warming.
2. Consumes Less Energy
The manufacturing process of biodegradable plastics requires less amount of energy and does not need fossil fuels to be recycled. Conversely, traditional plastics demand more energy in production and at the same time requires the burning of fossil fuel. Since less energy is needed, more bioplastics can be produced while there is less pollution in the environment.
3. Less Landfill Area Needed
Plastics that are non-biodegradable are brought to landfills to discard them. Consequently, land area that could have been used for agriculture, residence or industrial applications is instead converted to landfills. If bioplastics are used, there is no need to add more landfills since these plastics can be absorbed by the soil and be converted to compost or humus.
Apart from taking less time to break down when discarded, biodegradable plastics can also be recycled and are non-toxic since they contain no chemicals or toxins compared to other types of plastics that can emit harmful chemicals, especially if burned.
List of Disadvantages of Biodegradable Plastics
1. Need for Composters
The flipside of using biodegradable plastics is that there will be a need for industrial composters to turn them into composts and availability of the equipment in some countries can be a problem. Apart from the cost, not all countries have the proper equipment especially if this is not the priority of the government. In the end, the bioplastics that need to be processed will not be discarded properly.
2. Engineering Issues
These bioplastics are plant-based and this means that they come from organic sources from farms such as soybeans and corn. However, these organic plants are sprayed with pesticides which contain chemicals that can contaminate the crops and be transferred or included in the finished product.
3. Risk of Contamination
Biodegradable plastics should not be mixed with non-biodegradable plastics when thrown in garbage bins. The problem here is that not all people know how to segregate or distinguish bioplastics from other plastic types. Once these two types of plastics are mixed together, these bioplastics become contaminated and cannot be used anymore. Consequently, these contaminated bioplastics will end in landfills and add to the volume of thrash.
Biodegradable plastics are becoming popular these days because of the increasing awareness on global warming and environmental issues. Despite having disadvantages, it will help to focus on the benefits of using bioplastics and on educating the people on its importance and effects on a global scale.