US Dollar And Turkish Lira Exchange Rate

US Dollar And Turkish Lira Exchange Rate In finance, the exchange rates which are also known as the foreign-exchange rate, forex rate or FX rate between two currencies is how much one currency is worth in terms of the other. In other words, it is the value of a foreign countrys currency in terms of the home countrys currency. Furthermore, the foreign exchange market is considered as one of the largest markets dominating in the world, and approximately about 3.2 trillion USD of currency changes transactions takes place every day. Specific currencies become more valuable when demand for it is greater than its supply. On the other hand, it will become less valuable or in other words it will depreciate whenever demand becomes lower than its supply. Investors all over the world will probably choose to buy certain currencies only if the return on this particular currency is high. Therefore, the higher the countries interest rate, the greater will be the demand for that countries currency. We chose to compare the $U.S against the Turkish Lira as we know that turkey is a very strong country with a floating currency; that is, not fixed exchange rate. Turkey is well known and popular for exporting textiles and clothes all over the world and taking to consideration its past history at a stage in time it had ruled many parts of the world and so it was among the most powerful countries ruling most of the Arab countries. Therefore, we chose to select the Turkish Lira and compare it to exchange rates of the $U.S and analyze what events or factors have lead to the depreciation or the appreciation of the Turkish lira. Our aim in this research project is to develop a general understanding of the forex market world and be able to compare and analyze different markets in the exchange market as well as relating national and international events and factors contributing to the success or the failure of a particular currency. Moreover, we will gain the knowledge of tips of smart international business activities such as currency exchange investments for instance when to buy or sell certain goods under certain currencies. Turkey Economy Overview: Government Type: Parliamentary ,Representative, Democracy. Currency: Turkish Lira Turkey economic is largely dominated by modern industries and the services sector. Also, its one of the leading countries in world in producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances and they import non-auto consumer goods, fuels, production machinery and equipment, non-fuel industrial supplies, motor vehicles and parts, food, feed and beverages to partner in European Union, China, Canada, Mexico and Japan Furthermore, the gross domestic product it worth in December 2099 -6.50% -7.00% Jun 2009 of the world economy, according to the World Bank.  [1]   As we can see from the table above, the Turkish lira inflation rate has experienced a noticeable disinflation rates which is defined as the slowing in the rate of the inflation as well as a remarkable decline in the volatility of inflation which is due to some factors such as tight fiscal and monetary policies. However, previously since the 1970s and the 1990s the Turkish lira had been depreciating in its currency value due to turkeys constant inflation. US Economy Overview: Government Type: Constitution-based federal republic; strong democratic tradition. Currency: US Dollars. The economic history of the United States has the largest national economy in the world in both nominal and purchasing power parity. In addition, US have a stable overall GDP growth rate, a low unemployment rate, and high levels of research and capital investment. The United States Gross Domestic Product is worth in December 2009 -1.90% September 2009 -2.50% of the world economy, according to the World Bank. The US has several export import; first the export is machinery and equipment, industrial supplies, non-auto consumer goods, motor vehicles and parts, aircraft and parts, food, feed and beverage to partner Canada, European Union, Mexico, China and Japan. In addition, US import non-auto consumer goods, fuels, production machinery and equipment, non-fuel industrial supplies, motor vehicles and parts, food, feed and beverages. To the Main import partners are: European Union, China, Canada, and Mexico and Japan  [2]  . N/A ,0.03%(Jan 2009) Table Source: InflationData.com (2003- 2009). Inflation Rate in Percent for Jan 2000-Present. Retrieved on 8-12-2009. http://www.inflationdata.com/inflation/Inflation_Rate/CurrentInflation.asp On the other hand, U.S.A seems to have similar inflation rates across the years, as the U.S economy is considered to be the largest in the world. Forex rate system used in Turkey: Turkeys exchange rate has been changing over the past years and this can be related to its economy validated in many ways. In 1990-1997 Turkey exchange rate system was considered as a crawling band which means that the Currency is maintained within certain fluctuation margins around a central rate is adjusted periodically a fixed preannounce rate or in response to change in selective quantitative indicators  [3]  . However the exchange rate in 1998 -2000 was crawling peg which define as the currency is adjusted periodically in small amount at a fixed preannounce rate or in response to change in selective quantitative indicator.  [4]   Since 2001 the exchange rate change to independent floating which can be defined as the exchange rate is market determine with any foreign exchange intervention aimed to moderating the rate of change and preventing undue fluctuation in the exchange rate rather than at establishing a level for it  [5]  . This change has taken place after the financial crisis the country had at the same time which result the Turkish lira to depreciate against the euro.  [6]   After conducting Turkey the floating exchange rate system had lost more than 50% of the Turkish lira value. Therefore the lira appreciated in the mid of 2002; however their sensitivity fluctuated in the exchange rate. After this appreciation, the lira depreciated again due to the Iraq crisis. On the other hand the Turkey government takes some action to prevent the lira and its economy from certain events such as switching to formal inflation target regime. On 2006 the central bank implemented the formal inflation target and it used the interest rate as a short instrument which was the result to depreciate the lira again.  [7]   Forex rate system used in US: As a matter of fact, the U.S mainly went through two different exchange rate regimes. The first referred to what is commonly known as the Bretton woods system of fixed exchange rates and this has been the period from 1958 till 1973. However, after that period and until this day the exchange rate regime is referred to as the managed floating .The first, which lasted effectively from December 1958 to March 1973, was the Bretton Woods system of fixed exchange rates. In the second, which began in March 1973 and has continued to the present, exchange rates have been subject to managed floating which is characterized by fluctuating exchange rates on a daily basis however they are affected by the intervention of the U.S central bank in order to stabilize their currency by buying and selling their own currency. Turkish Lira history: First lira Turkish lira is the currency of turkey that is subdivided into 100 Kurus. Turkish liras symbol is TL and according to the international standard its code is TRY. Turkish lira had experienced many difficulties and changes in its history. To begin with, the Bimetallism system was adopted in turkey between 1881 and 1884. Bimetallism refers to the fact that the country functions on a double standard in other words both gold and silver were used. According to turkey at that time: 1 lira = 519 grams pure gold = 99.8292 grams pure silver  [8]  . Then, the classical gold standard was adopted in turkey from 1881 until the 1914. Gold standard means that under this particular standard the exchange rate between any two currencies will be determined only by their relative gold contents.  [9]   However this system vanished and the gold lira was worth nine lira money. As a result, and after all those changes that took place in turkeys monetary system, they pegged to British pound, then to French France, and finally to U.S.A dollars  [10]  . Second lira:- After all the difficulties in January 2005 six zeroes has been deleted from the lira currency and the Turkish lira generally became the official currency and unit of payment in turkey. The categories of liras book notes were 1, 5, 10, 20, 50, and 100. In addition the coins Category were 1, 5,10,20,50,100.  [11]   As a matter of fact, a lot of countries drop zero(s) from their currency in order to facilitate their transactions and avoid any mistakes. Dropping six zeroes and the effort to decline the inflation impact on the currency is a useful way for turkey to have a good reputation in its lira currency. Therefore dropping the zero from its currency had reduced the mistakes and problems that had arisen in the calculation side and record problems. In short, the transition to the New Turkish lira was necessary both for the expected positive effects on the currency, as well as for its reputation. Furthermore, the New Turkish Lira is considered also as a symbol or a sign of Turkeys determination to reduce inflation.  [12]   Turkish Lira against the U.S. Dollar during the past 5 y The below graph demonstrate the behavior of the exchange rate of Turkish Lira against the U.S. Dollar during the past 5 years, which reflects the economic situation in both countries. Table Source: Yahoo! finance (2009). TRY/USD (TRYUSD=X). Retrieved on 8-12-2009. http://finance.yahoo.com/q/bc?s=TRYUSD=Xt=5yl=onz=mq=lc Table outlining the exchange rates desired on a daily basis: In our research, we are going to study the exchange rate fluctuation between the Turkish Lira (TL) and the U.S Dollar (USD) during the period from 14 September to 4 December 2009. Our study depends on using the daily data of FX of TL against the USD and will focus on analyzing the factors and events that affect the exchange rate and interpreting the causes of fluctuation during the period of study. The exchange rates graph on a daily basis: Analysis of national and international events contributing to results we obtained from the graph: 17 September to 1 October As observed from the graph, the Turkish Lira had a downward sloping against the US Dollar starting from 17th September to 1st October 2009; this may be due to the fallowing factors and events. Events:- Turkish bond yields rose on due to worries about the countrys widening budget deficit Reduction in Turkeys GDP which has lead to the depreciation of the Turkish lira against the $U.S. Turkey seeks bids for sugar factories. Turkey is selling six factories that produce sugar to finance the global slow down economy. Turkey also trying to reduce the government control in its economy. However this event will test turkey privatization  [13]  . Factors:- September 2009 Balance of Payment Budget of the government: The current account deficit realized a huge increase by 60.5% from 558 in August 2009 to 869 in September 2009. This reflects the increase on the country expenditures over revenues that negatively affected the TL exchange rate The level of the country trade: The deficit of the goods and services increased by 18%, which is a mean of increase of TL supply over demand that is reflected negatively on the TL exchange rate, and put a pressure on the TL to depreciate against US Dollar.  [14]   US inflation decreased from -8.90 in June to -9.90 in September. Therefore US $ appreciated over the TL. Turkeys industrial production fell by 8.6% in the year to September. The biggest decline was in the production of capital goods, the output of which fell by 18.2%.  [15]   1 October to 15-October:- During this period our graph direction went up due to the below factors and events Events:- In October 2009 the annual meeting of the World Bank held in Istanbul, this was the fist time the meeting being held in a country other than the United State. The country outlook rating of Turkey outlook has been upgraded by the two rating agencies Moody and Standard Poors. In addition to that, there is a strong probability to upgrade Fitch rating agency of the Turkey outlook rating. This is due to Turkeys policies in handling the financial crisis and its ability to implement policies to stabilize the economy.  [16]   Factors:- Inflation: the Central Bank of the Republic of Turkey decreased the inflation rate from 5.27 in September to 5.08 in October 2009. This is considered a positive indicator that leads investors to invest in TL, consequently, TL appreciated. We can observe that the Turkish Lira firmed in October than its performance in September against the US dollar and this was due to the fact that the central Bank of Turkey stated that the annual inflation in October would be low despite the end of stimulus tax cuts on durable goods and a near 10 percent hike in power prices. 16 October to 28 October:- During this Period our graph has a downwards sloping due to the below factors and events. Factors:- Interest rate: a Central Bank of Turkey lowered its interest rate from 7.75 in September. To 6.75 in October 2009. As a result the TL depreciated ay the beginning of October reflecting the expectations of the investors that the currency will have downward direction. Budget: Finance minster of Turkey stated that Turkey end-2009 budget deficit of 62.8 billion lira ($43.1 billion) before a fall to 50.1 billion lira in 2010 which affect TL negatively. 29 October to 8 November: As the Graph show the TL lira appreciate in this period due to some factors and events. Events:- As reported in Turkey newspaper four officials at the tax office were suited for damages caused by the record tax office the case was brought by the media group. Factors:- Oil: the crude oil prices went up on November 2009 this is in indicator that investors shift their investment from dollars to oil leading dollars prices down, accordingly TL appreciated against US dollars. US dollar: Federal Reserve on Wednesday 5th November offered a caution economic outlook and kept borrowing costs near zero as a result the US dollar depreciated and the TL appreciates. The Turkish bank Turkey Ekonomi Bankasi have reach 47 % rise of profit which leads to upward TL sloping . 9-Novamber to 25 November The graph illustrate that the TL has been depreciated in this period for those factors and events. Factors Financial stability report: the CBRT has published the financial stability report, the report indicates that Turkey economy would notice a slow improvement, and in banks profitability levels in 2010 would decrease. According to the report the consumption levels is expected decline which will lead to lower the investment expenditures. This news has affected the public confidence in the economy of turkey and resulted in a decline of the TL exchange rate. Unemployment rates: According the Hurriyet Turkish news paper unemployment rate problem would still grow and would not be solved anytime soon. This is also a negative indicator that TL value will decline. US Gross Domestic Product: The third quarter economy statistics of the US have been published on 24 November 2009, it shows that the US GDP has increased at an annual rate of 2.8%, this increase in US GDP is a result of the positive contributions from personal consumption expenditures (PCE), exports, private inventory investment, federal government spending, and residential fixed investment that were partly offset by a negative contribution from nonresidential fixed investment. As a result USD gained more confidence and rose against the TL. 26 November to 30 November As the graph shown in this period the TL has a downward slop which is the most negatively sloping at the analysis period of our project. Events:- From 27 to 30 November Turkey government and business sector had a public holiday to observe the occasion of Eid Al Adha. The economy during this period slow down and this caused the downward of the TL exchange rate against the USD. The global crisis has hit turkey trade especially turkey exports to neighborhoods decrease to 7.7 % as publish in Hurriyet Daily News and Economic. EU to ask Turkey to adopt a more European Iran policy The European Union welcomes Turkeys stabilizing role in the Middle East but feels uneasy with its Iran policy,  [17]   Factors Oil: Oil price decreases on 25 of November which attract investor to buying oil by dollars as a result the TL depreciate. Inflation: in November the turkey inflation rate increases from 5.08 on October 2009 to 5.53 in November which lead to depreciate the TL in this time. Balance of trade: Turkey balance of trade increase from -2573.0 to -3948.0 deficits which mean that turkey import increase in November increasing the supply of TL which leads to downward TL. 1 December r to 4 December:- As we observe after the deep down wards at the end of November the TL appreciate at the beginning of December leads to upwards slopping. Events:- Turkish news has announced that Turkish lender Sekerbank has signed a deal loan with the international finance cooperation to finance the agriculture and foods project that worth 30 millions. Turkey news has announced that turkeys poverty rate has decreased from 17.79 percent in 2007 to 17.11 percent in 2008which leads to strong Turkish lira reputation. Factors Gold : the gold price increase from 1054.00 on November to 1115.40 on December as a result the investor shift their investment direction to invest more in safe assets which is gold leading to supply the market by dollars as result the dollars depreciate and the TL appreciate . Government Budget: the Turkey government budget has 989.80 surpluses on December after having a budget deficit for the past month. As a result the TL appreciated. Current Account : the current has increase from -863.0 on September to 671.0 on December which mean the export is greater than import and the demand of TL is greater than supply leading appreciate TL on December 2009. Conclusion:- In conclusion, we have benefitted a lot from this study as we were able to analyze the Turkish lira exchange rate against the U.S Dollar as both economies have many factors and events affecting this exchange rate phenomenon such as gold reserves, balance of payments of each country, unemployment rates in addition to inflation rates, crisis in other countries, as well as many other implications .Furthermore, As for the exchange rates instability during the past three months as was required for us to analyze, the Turkish-dollar exchange rates observed several highs and lows which was generally due to multiple political, economical, social factors, and fiscal monetary policies by both countries the U.S and Turkey. 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Comparison of two Egyptian Sculpture Relief Depicting

Comparison of two Egyptian Sculpture Relief Depicting a Man Inspecting His Stables; Ships Unloading Merchandise and Relief Block, Plucking and Roasting Fowl, Herds Crossing Water By shackles Comparison of two Egyptian Sculpture Relief Depicting a Man Inspecting His Stables; Ships Unloading Merchandise and Relief Block, Plucking and Roasting Fowl, Herds Crossing Water In Egyptian art, the greatest achievements are tomb relief, huge number of tomb relief shows the people who were rich enough at that period want to bring their rich and glory even after they dead.The Early royal relief are somewhat too idealism on the figures, heir figures on the tomb relief are usually rough on the surface. However, the technique of making tomb relief developed extremely quickly starting from the 3rd Dynasty; the techniques were already extremely advanced, and styles are increasing a lot. Using the finely detailed decoration in the tomb relief are the tradition way. This kind of technique that shows the figures standing out slightly above the Egyptian period continued through the 6th-Dynasty and into the Middle Kingdom, especially using for royal monuments. Visual-arts-cork. Com) There are many characteristics that diddle kingdom and new kingdom have are clearly crucial and a little different from each other, including the details of the techniques, color and style. The Tomb Relief from late dynasty 18 and Relief from a tomb at E-Light are the two tomb relief which have some commons and differences; both of them are tomb relief and both of them are about the farming figure, there are some figures about people working in different sections and also a lot of animals on that too. The Egyptian art's function was twofold.Firstly, the function shows the god's glory and making the passage after-life more comfortable. Then, the function Europeanizes the information and the value of the Egyptian art. The life in Egypt was generally stable such as the cultural and life; even the arts, inclu ding their architecture and sculptures, also painting, metalwork, goldsmith and ceramics. (visual-arts-cork. Com) Most of the art works in Egypt have the characteristic which is ‘highly conservative adherence to traditional rules' (Neil Collins, visual-arts-cork. Mom), it had a good affection on focus on the order rather than creativity and artistic expression. (visual-arts-cork. Com) During The Middle Kingdom, with its capital at Thebes (2000-1786 B. C. ), was a brand new age of experiment and invention which grew out of the turbulence of the First Intermediate Period (2134-c. 2000 B. C. ). (encyclopedia. Com) Most of the forms of the Old Kingdom were retained; However, the traditional unity style was changed. The development of formalism was mixed with a meticulous delicacy of craftsmanship. Precancerous. Com) There were more from the artists' inside thought, most of them were successful in tomb relief or sculpture, like the rock-cut tombs at Ban Has are outstanding for free dom of draftsmanship, and the sensitive portraits of Stories Ill ND Amendment Ill were all extremely famous and successful in doing the Egyptian arts. (Precancerous. Com) Also, their figures are more idealism on the torso but realism on their head and face, the animals were set as a line organized. (encyclopedia. Mom) The Relief from a tomb at EL-Light is from the middle kingdom, it has found reused as a door sill that in a door of a later house by the modern cemetery near the pyramid, possibly from the tomb of Ankhs. Inside the picture, ancient Egyptian outdoor life is preserved clearly. Two men sit in a tent and preparing for a meal that the tomb when will later enjoy. The man on the right plucks the feathers of a large goose, and the other one on the left roasts a duck on a spit over a low fire that he brings to glow with a fan. The other birds, a bag, and two rolled-up sheets of cloth were hanged up from a line above.Then, on the bottom of the picture, a number of cattle have Ju st emerged from swampy water, and some water spilled because the herd is on its way to higher ground. (Wall texts from Mutest) From this tomb relief, the function is a traditional Egyptian tomb relief that is showing the daily life even including the errors' lives. It reflects the life at that period, even a tiny thing like preparing for a meal. Zoom in to the lines and the expression of the three- dimensional from, the technique the sculptor used is fine and smooth. These two men' figures are not naturalism; the pose and the arrangement of the figure are neat and orderly.Especially those animals, the cattle are all the same. Additionally, one symbolist thing is the pose that the man holding the ducks neck. This tomb relief is realism on the face and idealism in the torso, also extremely well done in some specific details. The New Kingdom's art (1570-1342 B. C. ) can be seen as the final development of the traditional classic Egyptian style of the Middle Kingdom, there is a combinat ion of the drive inspiration of the Middle Kingdom and the monumental forms of the Old Kingdom. This period's painting are famous because boldness of controlled vitality and boldness.Their sculpture usually emphasis on bulk, solidity and impersonality. In some single scenes, or the works on the wall from ceiling to the floor, each figure had its place properly and was not allow to overflow its space. Then en of the most table achievements of Egyptian craft men was the technique when they put human figure in a space, it seems to be cramped or overcrowded, but the they still take control of the whole picture's balance. (visual-arts-cork. Com) Then, The Tomb Relief from late dynasty 18 is a perfect example of this period.The pictures of this relief use the cattle that being force-fed while the tomb owner followed by several retainers on the right of the picture. In the bottom of the picture, ships unload their produce that is first heaped on shore then carried away by porters. This rel ief block almost certainly came from a tomb at Memphis. With an infusion odd liberating energy and ideas from Marin, private relief work flourished in Memphis in the post-Marin period and at that period, the wealthy people more like to let the figure on the tomb relief more naturalism. Wall texts from Mutest) This way that shows the life of workers is a terrific way which be used to show the multiple stages in a developing sequence of actions, rather than the frames of a strip cartoon because it is clearer. During the Old Kingdom, the agricultural is one of the most popular themes for most of the tomb relief. (visual-arts-cork. Mom) Also, the wall paintings during that period which shows plunging, sowing harvesting and threshing the grain are all symbolist faithfully represented.It shows the herdsmen working in the pastures taking care of the cattle so prized by the ancient Egyptians even other views depict the trapping of the waterfowl especially in the Nile marshes and fishing in the river itself. (visual-arts-cork. Com) Because of these views from daily life let the sculptors were able to use their initiative and let themselves feel free and explore a little of theirs imagination and retreat. When they show the dead man and his family, it had to be more presented in regular poses as a description: larger than life, strictly proportioned, and always calm and somewhat aloof, (visual-arts-cork. Mom) However, The rural workers on the estate could be shown at their daily lives in a relaxed way, something with lives or energetic can be usually captured, and that always have an outstanding characterized which can symbolize the ancient Egyptians. (visual-arts-cork. Com) While the offering-bearers, symbolizing the funerary gifts from the estates to their rod, are depicted moving towards him in formal and stately procession, the peasants at work in the fields seem both sturdy and vigorous. (visual-arts-cork. Mom) Look inside the tomb relief techniques, it clearly sho ws the details and the meaning of the whole story, every people have their own characteristic and different poses. Further, the tomb relief from here is becoming more three-dimensional. Even when we see these two tomb relief and find out they look remarkably similar from each other, they are all about the daily life in Egyptian, they all shows the real unusual smoothly techniques that people in that period have the highly developed skill of making the tomb relief. Using tomb relief is the good way to reflect their owner's life and the dynasty they were in.The relief from a tomb at EL-Light shows the owner's power and their wealthy life; the second Tomb Relief is a little different from the first one, it show about the owner wants to be more kind, they were not like to show their glory anymore; they more want to have a kind of feeling of realism, but the way they show is mostly idealism from the torso and the heads. The most preference is the level of the three-dimensional of the tom b relief, the middle kingdom seems there is a start of doing this, then it is getting more three- dimensional until the New kingdom.

Analysis Of The First Scenes Of Spring Awakening By Wendla...

Everyone is entitled to his or her opinion. However, I believe that it is a woman’s right to be able to decide for herself what she does or does not do. It is not the government’s place or a man’s role to influence her decision. During the first scenes of Spring Awakening, Wendla Bergmann begs her mother to tell her about where babies come from. Although her mother acknowledges that Wendla is becoming a young woman, she cannot bring herself to explain these life lessons to her daughter. Wendla laments about her mother giving her â€Å"no way to handle things,† in the song â€Å"Mama Who Bore Me.† Conflicted, Wendla’s mother finally responds, â€Å"to conceive a child, a woman must love her husband with all her heart.† As a result of her mother’s desire to protect the innocence within her daughter, Wendla unknowingly has sex and gets pregnant. The young girl is then forced to undergo an abortion procedure that consequentially ki lls both Wendla and her unborn child. While Donald Trump is openly against abortions, the presidential candidate said that if the procedure is banned in the United States, women who seek them should be subject to some form of punishment. The notion that women who are victims of sexual assault should be denied the right to terminate a pregnancy and then undergo further torture and torment because they sough such measures is against the values of our nation. We are faced with choices every day. Some are easier than others. Some are harder than others. However, they

The Danger Of Faith By Nathanial Hawthorne - 861 Words

The Danger of Faith Many remember â€Å"Young Goodman Brown† as the classic tale of a young idealistic Puritan and his brush with the devil. This classic allegory by Nathanial Hawthorne, led him to be â€Å"considered the founder of the modern short story.† (Kellan) This story explores the relationship between faith, destiny and the evilness of mankind. It also exposes the hypocrisy of those who are considered the most righteous, and what can happen when a person’s ideals are shattered. There is a lot of symbolism found in this short story. The symbolism between his wife â€Å"Faith† and his spiritual faith is very obvious and it does not take a great leap of imagination to connect the two. Brown has only been married for three months which could signify that he has only recently thought of his place in heaven as secure. (Connolly) Brown also believes that faith is his way to heaven; this is shown when he bargains with himself that once he finishes this o ne evil errand he will â€Å"follow her to heaven.† The relationship between Brown and the forest is one of a curious Human exploring the world of sin. His errand is never specified in the text, but he essentially goes looking for the devil. He even states that â€Å"Faith kept me back a while.† This shows some reluctance, but faith is still not enough to keep him from his task. Often in fiction the forest is regarded as a dark evil place full of terror and mystery. It makes sense that Brown would go to such a place for his mysterious walkShow MoreRelatedThe Sin Within Us All. Sin Is Everywhere Yet Nowhere At1400 Words   |  6 Pages Sin is everywhere yet nowhere at the same exact time. Sin is inevitable yet many people believe they can combat it through their faith. Without faith, sin would consume anyone in its path. Even people of strong religious beliefs will continue to sin throughout their life. As stated in Romans 3:23, â€Å"for all have sinned and fall short of the glory of God.† Nathanial Hawthorne’s two literary pieces Young Goodman Brown and The Minister s Black Veil highlight the struggle of human inclinationRead MoreSin. Sin Is Everywhere Yet Nowhere At The Same Exact Time.1779 Words   |  8 Pages Sin is everywhere yet nowhere at the same exact time. Sin is inevitable yet many people believe they can combat it through their faith. Without faith, sin would consume anyone in its path. Even people of strong religious beliefs will continue to sin throughout their life. As stated in Romans 3:23, â€Å"for all have sinned and fall short of the glory of God.† Nathanial Hawthorne’s two literary pieces Young Goodman Brown and The Minister s Black Veil highlight the struggle of human inclinationRead MorePuritanism in the Scarlet Letter6423 Words   |  26 Pagesthesis also presents Hawthorne’s attitude towards Puritanism. On one hand, he appreciates the Puritan thought and value; on the other hand, he condemns the negative impact of Puritan society on people’s spirit. Key Words: Puritanism, Nathaniel Hawthorne, The Scarlet Letter, Bostonï ¼Å'Hester Chapter1 â…  .Introduction A. Puritans Nathaniel Hawthorne’s The Scarlet Letter was written in 18th century. The setting of The Scarlet Letter is in the 17th century in Boston, America. Before proceedingRead MorePuritanism in the Scarlet Letter6430 Words   |  26 Pagesthesis also presents Hawthorne’s attitude towards Puritanism. On one hand, he appreciates the Puritan thought and value; on the other hand, he condemns the negative impact of Puritan society on people’s spirit. Key Words: Puritanism, Nathaniel Hawthorne, The Scarlet Letter, Bostonï ¼Å'Hester Chapter1 â…  .Introduction A. Puritans Nathaniel Hawthorne’s The Scarlet Letter was written in 18th century. The setting of The Scarlet Letter is in the 17th century in Boston, America. Before proceeding to