The Evolution of Google Penguin Algorithm Updates

Penguin: The History The first Penguin calculation showed up on April 24, 2012, and was planned for uncovering and punishing sites with low-quality connections and such a large number of catchphrases. Nearby the Panda calculation, Google needed to remunerate locales with important, pertinent connections, and punish destinations that had manufactured unnatural connections exclusively to build their pursuit rankings. Penguin at first influenced around 3.1 percent of all hunt questions and significantly affected how website admins drew nearer SEO, making many move towards one of a kind substance. Penguin 2.0 made further changes to the calculation, influencing around 2.3 percent of all pursuit questions. Additionally, Penguin 3.0 worked off the changes made in the past updates. Penguin 1.0 The Penguin update is Google’s most recent crackdown on what it terms webspam: Techniques used to support PageRank without offering some incentive to guests. Propelled on April 24, the update influences 3.1% of searches and targets destinations that misuse Google’s existing quality rules. So far Penguin’s principle sway has been on sites that depend on connect systems for traffic. Utilizing careful match grapple text, particularly if the connections are purchased instead of natural, is a warning to Google, as are nasty remarks utilizing precise match interface marks, visitor posts on unimportant sites and low-quality article indexes, and interfaces from locales that contain hazardous or unscrupulous substance and connections. Penguin isn't an assault on the utilization of SEO. Rather, it is the most recent period of Google’s war against website admins who misuse connects and depend on other on-page SEO stunts. The web search tool behemoth accepts that genuine people’s excitement for content is the best pointer of value. This implies social signals and sharing are turning out to be increasingly more basic to PageRank. Furnishing your guests with top notch, interesting substance that offers helpful data that they’ll need to share is along these lines turning out to be increasingly significant; this is the main sort of SEO content that’s going to pay off for you in the long haul. In the event that your site centers around giving drawing in, new substance for guests, at that point you don't have anything to fear from Penguin. Maintain a strategic distance from future issues by concentrating your third party referencing endeavors on getting great connections from persuasive sites in your specialty or industry. Think interface quality instead of amount. Connections are the regular result of a drawing in, content-rich website page instead of a device to be controlled. Google has supportively discharged explicit rules for its Penguin update. It encourages sites to maintain a strategic distance from the accompanying: Covered up on-page text and connections that exist just to support rankings. Shrouding or diverts that delude your site’s guests. Sending mechanized questions to Google to support rankings. Catchphrase stuffing and shrouded watchwords that are there just to trick the web crawlers. Various areas or subdomains with copy or insignificant substance Entryway pages and pages made for associate plans that have next to zero unique substance. Pages that contain phishing joins or introduce infections and trojans. Note that there is nothing in the rules to concern sites that exist to satisfy their guests. In any case, on the off chance that you feel that Penguin has unjustifiably rebuffed you, Google has given an online structure to protests about the impacts of the update. Google’s most recent push against webspam won't be its last. The times of building traffic by means of connection organizes and paid connections are finished: Websites presently need to gain their connections by just being join commendable. The web search tool needs SEO to be straightforward and legitimate. It is ensured to proceed with its war against sites and SEO specialists who attempt to game its calculations. At last the Penguin update is uplifting news for legit website admins and quality sites and sites. Concentrate on giving remarkable, connecting with content all the time and make it as simple to share as conceivable with interpersonal organization catches. The more alluring your site and its substance to genuine individuals the more it will ascend in the rankings. What Sites Got Hit? Google’s most noteworthy updates regularly thump website admins for a circle. Indeed, even with indications in advance that Google was arranging an update focusing over-streamlining, nobody recognized what's in store before Penguin occurred. Since Google doesn’t let us know precisely what they’re doing-or even what they’ve done, sometime later †it leaves SEO specialists to examine their progressions to sift through what befell the calculation and what positioning variables are destined to push you into difficulty. Since the Penguin update has been propelled, it is simpler to perceive what Google was focusing on, yet the best way to know without a doubt is to examine an enormous number of locales and search for a consistent idea between those that were affected by the update. Microsite Masters has done the examination and distributed the outcomes on their blog. They discovered two factors that the punished locales shared for all intents and purpose: Directed stay text: Every single site they found that was punished utilized watchword improved grapple text for in any event 65% of their approaching connections. Truly, that’s rightâ€every single site. Connections from unimportant destinations: Almost 50% of the punished locales had no connections from different destinations in a similar specialty, and over 70% of the punished destinations had under 30% of their connections originating from related destinations. What to do About the Penguin Update? The negligible notice of an update to Google’s search calculation is sufficient to rouse dread in the hearts of numerous web advertisers, bloggers, and website admins. For the individuals who get by off promotion income and subsidiary deals, being positioned exceptionally on Google is basic to progress. Being de-recorded by Google has been alluded to as â€Å"internet death.† When a website is de-ordered its substance gets imperceptible to look through clients, which converts into traffic entirely evaporating. The accompanying exhortation will help you in staying away from such a bad dream circumstance. Quiet Down; It’s Not the End of SEO At the point when the update known as Penguin was discharged, numerous restlessly anticipated to see the effect it would have on their traffic. A decent number of these individuals were a few seconds ago recuperating from Google’s past calculation update, Panda. While the repercussions of the past update was out and out disastrous, Penguin is by all accounts a lot milder in correlation. This is likely because of numerous website admins gaining from the exercises educated by Panda. The principle focal point of this update has all the earmarks of being backlink spam and watchword stuffing. Maintain a strategic distance from Black-Hat Backlinking Services Indeed, even before the arrival of Penguin, Google imparted a solid sign that paid backlinking administrations won't go on without serious consequences. It did this by de-ordering BuildMyRank.com, one of the best and well known of these administrations. This sent stun waves over the SEO people group and implied what might be on the horizon. Google structured Penguin to all the more successfully remove destinations with backlink profiles resolved to be unnatural and planned to game the framework. Never utilize mechanized programming and administrations to construct tremendous measures of low-quality connections in a short measure of time. Penguin sniffs these out like a shark smells blood. This sort of connecting system is conspicuously unnatural and will nearly ensure a solid punishment. Rather center around backlinking techniques that Google sees as characteristic, for example, visitor composing on online journals and sites that fall under a similar specialty classification as the substance you are attempting to rank. The Death of Exact Match Anchor Text Penguin has clarified that connect decent variety is fundamental for enduring Google’s fierceness. This is particularly evident with regards to picking stay text. Most of the destinations rebuffed by Penguin made them thing in like manner; the obtrusive abuse of careful match watchwords. This was once viewed as completely solid SEO methodology for ruling explicit watchwords however has since gotten spoiled by dark cap administrations spamming unessential grapple text to abuse Google’s calculation. Catchphrase stay text can at present be utilized yet in littler dosages. A general dependable guideline is to have definite match grapple text make up under half of your all out connection profile. Watchword Stuffing A previous sacred goal of SEO has now gotten unfavorable to progress. Stuffing an entire host of catchphrases together and creating messy, low substance articles will presently demonstrate poisonous to your traffic. Google sees this as a glaring demonstration of spamming and rebuffs it harshly. The most secure course is to pick only a couple of watchwords and deliberately place them all through your substance. Ensure your watchwords don't appear to be constrained or strange. Try not to regard an article as filler to put catchphrases. Substance ought to consistently be important, fascinating and syntactically right. Your catchphrase proportion ought to be between 2 to 5 percent of the whole article. Penguin 2.0 The world’s greatest inquiry goliath discharged the Penguin 2.0 update on May 22, 2013, and this most recent change of the Google search calculations further improve the nature of the outcomes conveyed. The most recent update is planned for cleaning spam up the Internet by punishing sites which endeavor to misleadingly build their remaining in the query items by utilizing dark cap SEO strategies. This update focusses specifically on components, for example, catchphrase stuffed stay text and forceful third party referencing systems. Website admins who may have been over-improving their substance might be taking a gander at an abrupt drop in rush hour gridlock since the arrival of the most recent update. In the event that your site has been hit by Penguin 2.0, at that point you should consider taking another bearing in your web index promoting effort. Which Sites Are Affected by Penguin 2.0? The most recent update focusses intensely on connections and stay text, and the proportion of your webpage connections will decide if your site benefits or gets punished. Specifically, sites containing joins with watchword stuffed grapple text have been hit the hardest. In the event that the substance

Growth Rate - Consumer Price Index for Qatar Assignment

Development Rate - Consumer Price Index for Qatar - Assignment Example with prev. year (a) Prev. year (b) (a/b)100 2001 1.2 82.7 1.45% expansion 2002 0.2 83.9 0.24% swelling 2003 1.9 84.1 2.26% expansion 2004 5.9 86.0 6.86% swelling 2005 8.1 91.9 8.81% expansion 2006 11.8 100.0 11.8% expansion 2007 15.4 111.8 13.77% expansion 2008 19.2 127.2 15.09% expansion 2009 - 7.1 146.4 4.85% flattening 2010 - 3.4 139.3 2.44% collapse 2011 2.6 135.9 1.91% swelling ( The World Bank, 2012) Qatar’s financial advancement was noteworthy from 2005 to 2009 regardless of the worldwide downturn in the later piece of the period. There was a 9 percent genuine by and large GDP (Gross Domestic Product) development. In the year 2008, GDP development was 16 percent. This was a result of increment in the creation level of melted flammable gas (LNG) and condensates. Likewise, there was a decent improvement in the nonhydrocarbon division. Every one of these variables prompted nonstop value expansion from 2005 to 2009 (IMF Executive Board Concludes 2009 Article IV Consultation with Qatar, 2010). Swelling arrived at the top in 2008 with 15 percent. This was the most elevated expansion rate among all the GCC nations and Qatar which is the wealthiest Arab country experience such a gigantic bounce in swelling rate due to debilitating US dollar. The swelling was additionally because of different elements like increment in residential rents, ascend in food costs and overwhelming local interest of oil. As indicated by an examination led by Qatari National Bank (QNB), there was a three-crease increment in shopper costs in Qatar during the years somewhere in the range of 2005 and 2009 bringing about normal of 8.9 percent. This figure is high contrasted with the normal during 2000-2004 which was 2.5 percent. The reliable ascent of lodging costs was the principle explanation for the developing swelling from 2005 till 2008 (Kawach, 2010). In any case, in 2009 Qatar’s economy saw a sharp flattening of 4.85 percent. This was because of a sharp decrease in the r esidential house rents. This decrease in residential house lease happened in all Gulf Cooperation Council (GCC) nations, yet Qatar saw the most extreme decay. Monetary development was for the most part energized by the financial arrangement through reliable spending being developed segment. In any case, for this couple of undertakings of government were given more noteworthy need. As a result of the expansion in costs of oil and gas the outer current record was approximated a huge excess with practically 15.7 percent of GDP. The gross hold of national bank was additionally fortified to around 5 months of imports of products and ventures (IMF Executive Board Concludes 2009 Article IV Consultation with Qatar, 2010). Qatar which is the main LNG sent out on the planet confronted emptying for the second back to back year in 2010 with rents declining more than the earlier year. As indicated by Saudi American Bank Group (SAMBA) Qatar was profoundly dug in flattening for two monetary years in spite of the fact that there was theory of substantial development in the economy because of expanding LNG trades, rising oil costs and enormous scope open spending. During the last quarter of 2010, oil and non-oil parts were theorized for upward patterns while development and land ventures stayed unaltered. SAMBA said â€Å"excess flexibly in the land division keeps on squeezing rents which is being reflected in

1000th User, and Another Update - Focus

1000th User, and Another Update - Focus Last night we celebrated the 1000th beta tester on MindMeister, and of course minutes later had to start the first tuning measures we apologise if the server was a bit slow at times and you got the infamous Communicating with server message. Were working on it ?? Also, weve just deployed another update which should fix a few more issues have a look at the changelog for details (sorry, registered users only). Meanwhile, we are working on some features that have been requested by a lot of beta testers in the 200 or so feedback messages that we have received so far such as zoom in and out, auto-arrange branches (and avoid overlaps), export as MindManager / Freemind, as well as minor stuff such as print, toggle background, more icons, hyperlinks etc. Thanks again to everybody for their feedback and apologies again if we cant respond to everybody personally   we assure you that your comments are not being ignored! 1000th User, and Another Update - Focus Last night we celebrated the 1000th beta tester on MindMeister, and of course minutes later had to start the first tuning measures we apologise if the server was a bit slow at times and you got the infamous Communicating with server message. Were working on it ?? Also, weve just deployed another update which should fix a few more issues have a look at the changelog for details (sorry, registered users only). Meanwhile, we are working on some features that have been requested by a lot of beta testers in the 200 or so feedback messages that we have received so far such as zoom in and out, auto-arrange branches (and avoid overlaps), export as MindManager / Freemind, as well as minor stuff such as print, toggle background, more icons, hyperlinks etc. Thanks again to everybody for their feedback and apologies again if we cant respond to everybody personally   we assure you that your comments are not being ignored!

Analysis of World Mythology and the Different Cultures

Even a cursory analysis of world mythology reveals that there are a number of different cultures who have divinities in strikingly similar roles. One of the reasons why this occurs is that many despite the fact that these cultures may be autonomous of one another, they all live in the same world. The fact that they live in the same world is important because it largely means that they are exposed to the same natural phenomena, as well as to a number of simple human phenomena, and they are all attempting to explain these things. Therefore, the parallel in divinities is attributed to a similarity in external stimuli and sources that myths, and religion are used to rationalize or to make more understandable. An excellent example of this fact is found within creation myth motifs. For instance, there are a number of different cultures who have myths involving a large flood early on in the worlds history, or in some cases, one that actually begat the earth. In Christianity, of course, there was a vast void of nothingness that is described in terms similar to rolling seas; God is responsible for creating the world from this nothingness and for wiping clean its face with another flood by Noah. Although the historical accuracy of the great flood may or may not be provable, many different cultures have creation myths involving such a flood in which there deities played a role similar to that of the Christian god. There is a striking amount of similarity between this creation mythShow MoreRelatedAnnotated Bibliography On Ancient Greece1107 Words   |  5 PagesBibliography Ancient Greece was the birth place of many sciences, famous philosophers and the arts. A time where humans where constantly discovering many different things, forming new ideas and opinions about life each and every day. Various gods ruled these different city states. Mythology was very huge in Ancient Greece. 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The creation story found in Greek culture portrays a completely different family dynamic than the one shown in Genesis. While reading the creation story in Genesis 2:4-25 and the myths from Greek culture, the differences in the relationships between the gods, the humans and each other, give insight into the family values of each culture. Genesis 2:4-25 opens with a retelling of how the Lord God made â€Å"the heavens and the earth† and leads

Argumentative Essay On Prejudice And Prejudice - 804 Words

Social conformity can be toxic, it often leads to the epidemic that is prejudice. To give a better idea of what prejudice means, Judice translates to judge in Latin, therefore the term â€Å"prejudice† literally translates into â€Å"pre-judgment†. There are innumerable forms of negative preconceived notions that exist in our world today, the biggest one being racism, which often is a stem of having anti-immigration views. Immigration prejudice is not unknown to any person who lives in America and has eyes and ears to know it exists, but it’s important to know that prejudice is not innate, it is learned, and as long as we allow our society to practice xenophobia among present and future generations we will never be free of it. According to the†¦show more content†¦Prejudice doesn’t discriminate, it lives in all runs of people: Whites, African-Americans, Asians, Hispanics, Republicans, Democrats, men, women, young, old- you name it. In a perfect wo rld this level of hatred wouldn’t be the norm, but it is. It is so widespread that there’s tangible evidence that shows even Hispanics (immigrant or not) have negative affiliations with immigrants. How can this be when Hispanics take the cake for making up the largest portion of new-comers. Interestingly enough, research done by the Pew Research Center concludes that the more Hispanics have become accustomed to nativism in American culture, the more likely they are to feel negatively toward the matter. This sense of superiority is quite frankly sickening, to know that even counterparts of immigrants could fall suspect of discrimination goes to show its daunting power. What’s more, the false notion that immigrants are purely responsible for the uprooting of crime, scarce resources, drugs, disease, and more have been fed to natives by the media and those in powerful positions to continue defacing the image of immigration as there’s no solid evidence to just ify being anti-foreign. As the descendant of an immigrant father and his father before him, I’ve witnessed firsthand the means and consequences of trying to enter this country and become a citizen. TheShow MoreRelatedArgumentative Essay : Drive Out Prejudices From The Door And They Will Return Through The Window 1514 Words   |  7 PagesHamilton English 1020 10/29/15 Prejudice â€Å"Drive out prejudices through the door, and they will return through the window†. Frederick the Great made the aforementioned statement in a letter to Voltaire. The statement essentially implies that it is futile to attempt to get rid of prejudice. One can try to eliminate it, but it will only come right back. 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Chapter 01 Gitman Free Essays

string(40) " in fact preserve value or earn income\." Part One Preparing to Invest Part One Includes Chapter 1Investment Environment Chapter 2Markets and Transactions Chapter 3Online Information and Investing Chapter 1 Investment Environment Outline Learning Goals I. Investments and the Investment Process A)Types of Investments 1. Securities or Property 2. We will write a custom essay sample on Chapter 01 Gitman or any similar topic only for you Order Now Direct or Indirect 3. Debt, Equity, or Derivative Securities 4. Low or High Risk 5. Short or Long Term 6. Domestic or Foreign B)The Structure of the Investment Process 1. Participants in the Investment Process 2. Government 3. Business 4. Individuals 5. Types of Investors Concepts in Review II. Investment Vehicles A)Short Term Vehicles B)Common Stock C)Fixed Income Securities 1. Bonds 2. Preferred Stock 3. Convertible Securities D)Mutual Funds E)Derivative Securities 1. Options 2. Futures F)Other Popular Investment Vehicles Concepts in Review III. Making Investment Plans A)Steps in Investing 1. Meeting Investment Prerequisites 2. Establishing Investment Goals 3. Adopting an Investment Plan 4. Evaluating Investment Vehicles 5. Selecting Suitable Investments 6. Constructing a Diversified Portfolio 7. Managing the Portfolio B)Considering Personal Taxes 1. Basic Sources of Taxation 2. Types of Income a. Ordinary Income b. Capital Gains and Losses 3. Investments and Taxes 4. Tax-advantaged Retirement Vehicles C)Investing Over the Life Cycle D)Investing in Different Economic Environments 1. Stocks and the Business Cycle 2. Bonds and Interest Rates Concepts in Review IV. Meeting Liquidity Needs: Investing in Short-Term Securities A)Role of Short Term Securities 1. Interest on Short Term Securities 2. Risk Characteristics 3. Advantages and Disadvantages of Short Term Investments B)Popular Short Term Investment Vehicles 1. Deposit Accounts 2. Federal Government Issues 3. Nongovernment Issues C)Investment Suitability Concepts in Review Summary Putting Your Investment Know-How to the Test Discussion Questions Problems Case Problems 1. 1Investments or Golf? 1. 2Preparing Carolyn Bowen’s Investment Plan Excel with Spreadsheets OTIS—Online Trading and Investment Simulator Key Concepts 1. The meaning of the term investment and the implications it has for individual investors. 2. Review the factors used to differentiate between different types of investments. . The importance of and basic steps involved in the investment process. 4. Popular types of investment vehicles, including short term vehicles, common stock, and fixed income securities such as bonds, preferred stock, and convertibles. 5. Derivative securities such as options and futures, and mutual funds. 6. Other popular investment vehicles such as real estate, tangibles and tax advantaged inve stments. 7. Investment goals including income, major expenditures, retirement, and sheltering income from taxes. The latter includes analysis of tax-advantaged retirement vehicles. . Building a diversified portfolio consistent with investment goals. 9. Sources of taxation, types of taxable income, and the effect of taxes on the investor. 10. Developing an investment program that considers differing economic environments and life cycle stages. 11. The use of short term securities in meeting liquidity needs. 12. The merits and suitability of various popular short term investment vehicles including deposit accounts and money market securities. Overview This chapter provides an overview of the scope and content of the text. 1. The term investment is defined, and the alternative investment opportunities available to investors are classified by types. 2. An examination of the structure of the investment process is presented. This section explains how suppliers and demanders of investment funds are brought together in the marketplace. 3. The key participants in the investment process—government, business, and individuals—are described, as are institutional and individual investors. 4. Returns are defined as rewards for investing. Returns to an investor take two forms—current income and increased value of the investment over time. In this section the instructor need only define return, since there will be another opportunity to develop the concept of return in Chapter 4, however providing information about recent investment returns is always well-received by students. 5. Next, the following investment vehicles available to individual investors are discussed: short term vehicles, common stock, fixed income securities, mutual funds, real estate, tangibles, tax-advantaged investments, and options and futures. The text describes their risk return characteristics in a general way. The instructor may want to expand on the advantages and disadvantages of investing in each, although they will be treated in greater detail in subsequent chapters. It is vital for any investor to establish investment goals that are consistent with his or her overall financial objectives. 6. Once the investment goals have been well specified, the investor can adopt an investment plan consistent with these goals, select suitable investments, build a diversified portfolio and manage it. 7. Personal taxes are discussed in terms of types of income and tax rates. The investment process is affected by current tax laws. Examples of tax shelters, especially tax-advantaged retirement vehicles, and tax planning are provided. 8. Once investment goals are established, it is important to understand how the investment process is affected by different economic environments. The chapter talks about types of investments—stocks, bonds, and tangibles—as they are affected by business cycles, interest rates, and inflation. 9. Liquidity is defined and short term securities that can be used to meet liquidity requirements are described. The discussion includes a look at short term interest rates and the risk characteristics of various short term securities. 0. The next section covers the various types of short term vehicles available to today’s investor. There is enough detail about everything from passbook accounts to money market funds to commercial paper that the students should get a good grasp of the differences between the vehicles. Producing information on current rates helps bring realis m into the classroom and enhances student perception of the lecturer as a knowledgeable instructor. Answers to Concepts in Review 1. An investment is any vehicle into which funds can be placed with the expectation of preserving or increasing value and earning a positive rate of return. An investment can be a security or a property. Individuals invest because an investment has the potential to preserve or increase value and to earn income. It is important to stress that this does not imply that an investment will in fact preserve value or earn income. You read "Chapter 01 Gitman" in category "Essay examples" Bad investments do exist. 2. (a)Securities and property are simply two classes of investments. Securities are investments, commonly evidenced by certificates, that represent a legal claim. For example, a bond represents a legal claim on debt, and a stock represents a proportionate ownership in the firm. An option, on the other hand, represents the legal right to either buy or sell an asset at a predetermined price within a specified time period. Property constitutes investments in either real property (land and buildings) or tangible personal property (Rembrandt paintings, Ming vases, or antique cars). (b)With a direct investment, an individual acquires a direct claim on a security or property. For example, an investment in one share of IBM stock directly provides the stockholder a proportionate ownership in IBM. An indirect investment provides an indirect claim on a security or property. For example, if you bought one share of Fidelity Growth Fund (a mutual fund), you are in effect buying a portion of a portfolio of securities owned by the fund. Thus, you will have a claim on a fraction of an entire portfolio of securities. (c)An investment in debt represents funds loaned in exchange for the receipt of interest income and repayment of the loan at a given future date. The bond, a common debt instrument, pays specified interest over a specified time period, then repays the face value of the loan (Chapters 8 and 9 cover bonds in detail). An equity investment provides an investor an ongoing fractional ownership interest in a firm. The most common example is an investment in a company’s common stock. We will study equity instruments in greater detail in Chapters 5 through 7. Derivative securities are securities derived from debt or equity securities and structured to exhibit characteristics different from the underlying securities. Options are derivative securities that allow an investor to sell or buy another security or asset at a specific price over a given time period. For example, an investor might purchase an option to buy Company X stock for $50 within nine months. d)Short-term investments typically mature within one year while long-term investments have longer maturities, like common stock, which has no maturity at all. However, long-term investments can be used to satisfy short-term financial goals. 3. In finance, risk refers to the chance that the return from an investment will differ from its expected value. The broader the range of possible values (dispersion), the greater the risk of the investment. Low risk investments are those considered safe with respect to the return of funds invested and the receipt of a positive rate of return. High risk investments are those which have more uncertain future values and levels of earnings. 4. Foreign investments are investments in the debt, equity, derivative securities of foreign based companies and property in a foreign country. Both direct and indirect foreign investments provide investors more attractive returns or lower-risk investments compared to purely domestic investments. They are useful instruments to diversify a pure domestic portfolio. 5. The investment process brings together suppliers and demanders of funds. This may occur directly (as with property investments). Most often the investment process is aided by a financial institution (such as a bank, savings and loan, savings bank, credit union, insurance company, or pension fund) that channels funds to investments and/or a financial market (either the money market or the capital market) where transactions occur between suppliers and demanders of funds. 6. (a)The various levels of government (federal, state, and local) require more funds for projects and debt repayment than they receive in revenues. Thus, governments are net demanders of funds. Governments also demand funds when the timing of their revenues do not match their expenditure. The term net refers to the fact that, while governments both supply and demand funds in the investment process, on balance they demand more than they supply. (b)Businesses also are net demanders, requiring funds to cover short and long term operating needs. While business firms often supply funds, on balance they also demand more than they supply. (c)Individuals are the net suppliers of funds to the investment process. They put more funds into the investment process than they take out. Individuals play an important role in the investment process—supplying the funds needed to finance economic growth and development. 7. Institutional investors are investment professionals who are paid to manage other people’s money. They are employed by financial institutions like banks and insurance companies, by nonfinancial businesses, and by individuals. Individual investors manage their own personal funds in order to meet their financial goals. Generally, institutional investors tend to be more sophisticated because they handle much larger amounts of money and they tend to have a broader knowledge of the investment process and available investment techniques and vehicles. 8. Short term investment vehicles are those which usually have lives of less than one year. These vehicles may be used to â€Å"warehouse† temporarily idle funds while suitable long term vehicles are evaluated. Due to their safety and convenience, they are popular with those wishing to earn a return on temporarily idle funds or with the very conservative investor who may use these short term vehicles as a primary investment outlet. In addition to their â€Å"warehousing† function, short-term vehicles provide liquidity- they can be converted into cash quickly and with little or no loss in value. This characteristic is very useful when investors need to meet unexpected expenses or take advantage of attractive opportunities. . Common stock is an equity investment that represents a fractional ownership interest in a corporation. The return on a common stock investment derives from two sources: dividends, which are periodic payments made by the firm to its shareholders from current and past earnings, and capital gains, which result from selling the stock at a price above the original purchase price. Because common stock offers a broad range of return-risk combinations, it is one of the most popular investment vehicles. Two sources of potential return are dividends and capital gain. 10. a)Bonds are debt obligations of corporations or governments. A bondholder receives a known interest return, typically semiannually, plus the face value at maturity. Bonds are usually issued in $1,000 denominations, pay semiannual interest, and have twenty to forty year maturities. Bonds offer fixed/certain returns, if held till maturity. (b)Preferred stock is very much like common stock in that it represents an ownership interest in a corporation. But preferred stock pays only a fixed stated dividend, which has precedence over common stock dividends, and does not share in other earnings of the firm. c)A convertible security is a fixed income security, either a bond or preferred stock, that has a conversion feature. Typically, it can be converted into a specifie d number of shares of common stock. Convertible securities are quasi-derivative securities as their market value would depend on the price of the common stock and the conversion ratio. (d)A mutual fund is a company that invests in a large portfolio of securities; whereas a money market mutual fund is a mutual fund which solely invests in other short-term vehicles. Investors might find mutual funds appealing because a large portfolio may be more consistent with their investment goals in terms of risk and return. As we will see later, a mutual fund offers the investor the benefits of diversification and professional management. Mutual funds do not offer fixed/certain returns. Mutual funds are quasi-derivative securities as their market value would depend on the price of the assets that make up the fund’s portfolio. (e)Options are derivative securities that provides holders the right to buy or sell another security (typically stock) or property at a specified price over a given time period. Factors like the time until expiration, the underlying stock price behavior, and supply and demand conditions affect the returns. (f)Futures represent contractual arrangements in which a seller will deliver or a buyer will take delivery of a specified quantity of a commodity at a given price by a certain date. Unlike an option, which gives the investor the right to purchase or sell another security, futures contracts obligate the investor to deliver or take delivery. Factors affecting returns on commodity contracts include changes in government policy, unpredictable weather, trade embargoes, and so on. 1. Before developing and executing an investment program, an investor must ensure the following: (1)Necessities of life such as funds for housing, food, transportation, taxes etc are fully provided for. (2)Investor is adequately insured against the losses resulting from death, illness or disability, property etc. (3)Establish Retirement Goals The seven steps in investing are as follows : (1)Meeting Investment Prerequisites: Providing for Necessities of life, adequate protection against losses, and Setting retirement Goals as iscussed above (2)Establishing Investment Goals: Investment goals are the financial objectives that one wishes to achieve by investing. Common investment goals are: †¢Accumulating retirement funds †¢Enhancing current income through interest income and dividends †¢Savings for major expenditure like home, education etc. †¢Sheltering income from taxes (3)Adopting an Investment Plan: A written document describing how funds will be invested is an investment plan. The more specific the investment goal, the easier it will be to establish an investment plan consistent with your goals. 4)Evaluating Investment Vehicles: In this step, the measures of risk and return are used to estimate the perceived worth of an investment vehicle. This process is called valuation. (5)Selecting Suitable Investments: This step involves careful selectio n of investment vehicles that are consistent with established goals and offer acceptable levels of return, risk, and value. (6)Constructing a Diversified Portfolio: Diversification is the concept of forming a portfolio using different investment vehicles to reduce risk and increase return. This concept is central to constructing an effective portfolio. 7)Managing the Portfolio: Portfolio management involves monitoring the portfolio and restructuring it as dictated by the actual behavior of the investments. 12. Investment goals are the financial objectives you wish to achieve by investing in any of a wide range of investment vehicles. Common investment goals are: (a)Enhancing current income means choosing investment vehicles that regularly pay dividends and interest that can provide all or some of the money needed to meet living expenses. This is a common goal of retired persons and sometimes an important part of a normal family budget. b)Saving for major expenditures includes money set aside for such things as the down payment on a home, college tuition, and even an expensive vacation. The amount of money needed and the time period over which one can save will determine the amount set aside and, frequently, the investment vehicle employed. (c)The single most important reason for investing is to accumulate retirement funds. The amount that must be set aside is determined by the level of expected expenditures, expected income from social security and other sources, and the amount of interest expected to be earned on savings. d)Sheltering income from taxes involves taking advantage of certain tax provisions that permit reduction of the income reported to the government or direct reductions in taxes. Investments in certain assets, such as real estate, may be attractive due to their tax advantages. 13. Federal income taxes are charged against all income individuals receive from all sources (with the exception of interest received on some bonds issued by state and l ocal governments). (a)Active (ordinary â€Å"earned†) income is the broadest category and includes income from wages, salaries, bonuses, tips, pension income, and alimony. It is made up of income earned on the job as well as most other forms of non-investment income. (b)Portfolio (investment) income is earnings generated from various types of investment holdings. For the most part, it consists of interest, dividends, and capital gains earned on most types of investments. Passive income is a special category that consists of income derived chiefly from real estate, limited partnerships, and other forms of tax shelters. (c)Capital gains are the profits earned on the sale of capital assets—pleasure, or investment. They are measured by the amount by which the proceeds from the sale of the capital asset exceed its original purchase price. Currently capital gains are taxed at the same rate as ordinary income. Capital gains are appealing to investors because they are not taxed until they are actually realized. (d)A capital loss is the amount by which the proceeds from the sale of a capital asset are less than its original purchase price. Up to $3,000 of net losses can be applied against ordinary income in any one year, with the unused portion carried forward to offset future income. e)Due to the opportunities and challenges created by the tax laws, tax planning is an important part of the investment process. Tax planning involves looking at an individual’s current and projected earnings and developing strategies that will defer or minimize the level of his or her taxes. Tax plans involve current income, capital gains, or tax-sheltered investments. For example, one strategy is to take losses as they occur and to delay taking profits. One deducts the losses and delays inclusion of profits in order to minimize current taxable income. f)In general, tax-advantaged retirement plans allow individuals to defer taxes on the contribution and/or portfolio earnings until some future date when retirement withdrawals take place. There are employer-sponsored plans, such as 401(k) accounts and individual-created plans, such as Keogh plans, and individual retirement accounts (IRAs). 14. (a)Young investors, ages 20 to 45, tend to prefer growth-oriented investments that stress capital gains rather than income. These investors have little investable funds, and capital gains are seen as the quickest way to build up investment capital. b)By middle-age, ages 45 to 60, there is a consolidation taking place as family demands and responsibilities change. While growth-oriented securities are still used, investing becomes less speculative. Quality-growth vehicles are employed, and more attention is given to current income. The foundation is being set for retirement. (c)As the investor moves into the retirement years, age 60 on, preservation of capital and current income become the principal concerns. High-quality stocks and bonds and money market instruments are used as the investor’s objective is to live as comfortably as possible from the investment income. During retirement one tries to reap the rewards of a lifetime of saving and investing. 15. The four stages of the economic/market cycle are recovery, expansion, decline, and recession. Recovery is the strengthening of the economy after a recession. Expansion reflects continued strength and optimism about economic growth. Decline involves a slowing-down of the economy after an expansion which may have been moving too fast. Then the cycle moves into recession, the economy contracts and pessimism reigns. Just as things look the worst, the recovery cycle begins again. a)Stocks and equity-related securities (such as mutual funds and convertibles) are highly responsive to the economic cycle. During recovery and expansion stock prices are up. As the decline approaches, stock prices begin to decline as well. Growth-oriented and speculative stocks tend to do especially well in an expanding economy. (b)Bonds and other fixed-income securities are sensitive to movements in interest rates. Bond p rices also move in the opposite direction of interest rate changes. This means that if interest rates are expected to rise, bond prices would fall, and bonds would not be a good place to hold investment funds. Interest rates generally shift with the economic cycle. Rates rise during normal recovery and fall during economic declines. 16. An asset is liquid if it can be converted to cash (sold) easily and quickly, with little or no loss in value. You would want to hold liquid assets as emergency funds or to accumulate funds for some specific purpose. IBM stock is not considered a liquid investment even though it can be easily sold. As with stocks in general, you can never be sure that, when funds are needed, you can quickly sell the stock without taking a loss. 17. Purchasing power risk for short-term investments occurs when the rate of return on these investments falls short of the inflation rate. This generally happens to fixed-rate investments such as passbook savings accounts. Most other short-term investments have managed to provide rates of return about equal to the inflation rate when one looks at these short-term rates over long periods of time. Default (nonpayment) risk is very small with most short-term investments. The deposits in banks and other federally-insured savings institutions are protected up to $100,000 per account by agencies of the federal government. U. S. Treasury Bills are perfectly safe and sometimes called a risk-free investment. Commercial paper and repurchase agreements are extremely safe, based upon past experience, even though there have been rare instances of problems. These latter two instruments are also not insured. Money market mutual funds have also had an exceptionally safe history. Of course, the safest money market funds are those which invest solely in government securities and are virtually default-risk free. 18. Passbook savings accounts and NOW accounts (a checking account), offered by banks, generally pay a low rate of interest and have no minimum balance. Passbook savings and NOW accounts are primarily used by investors as savings accounts, providing the investor with a highly liquid pool of funds. MMDA’s are bank deposit accounts with limited check-writing privileges. Central asset accounts are comprehensive deposit accounts and combine checking, investing and borrowing activities. MMDAs and asset management accounts are more likely used by investors to earn a competitive short-term return while maintaining liquidity. Each type of account, except for asset management accounts, is insured. All but the passbook account typically require a minimum balance which varies. 19. a)Series EE savings bonds are accrual-type securities, which means that interest is paid when the bond is cashed, on or before maturity, rather than periodically over the life of the bond. The purchase price of all denominations is 50% of the face value. The interest rate paid is variable. The higher the rate of interest being paid, the shorter the period of ti me it takes for the bond to accrue from its discounted purchase price to its face value (b)U. S. Treasury bills are short-term (less than one year) debt obligations of the federal government. T-bills are exempt from state and local income taxes, and federal taxes are deferred. They are regarded as the safest, but generally lowest-yielding of all investments, and, the secondary market for T-bills is highly liquid. (c)Certificates of deposits (CDs) are savings vehicles in which funds must remain on deposit for a specified period. Premature withdrawals incur interest penalties. Because of the requirement that they remain on deposit, CDs are less liquid than T-bills, but they are convenient to buy and hold, offer highly competitive returns, and have federal insurance protection. (d)Commercial paper is unsecured short-term debt issued by corporations with very high credit standings. The secondary market for commercial paper is very limited and yields are comparable to yields on large-denomination CDs. Typically only larger institutions deal directly in this market because the denominations range from $25,000 to the more commonly issued $100,000. Commercial paper is not federally insured. (e)Banker’s acceptances are short-term credit arrangements between business firms and banks. Firms use banker’s acceptances to finance transactions, most often involving firms in foreign countries or firms with unknown credit capacities. Banker’s acceptances typically are denominated in $100,000 units, are low-risk securities, and have active secondary markets. Yields are slightly below CD yields and commercial paper, and above T-bills. (f)Money market mutual funds (MMMF) pool capital of many investors and invest it exclusively in high-yielding, short-term securities, such as T-bills, large CDs, commercial paper, and other similar securities. Because these high-yielding securities are in denominations of $10,000 to $1 million, the MMMF makes them available to individual investors. MMMFs are convenient, offer check writing privileges, and yields are based on the ability of the fund manager to invest in various short-term securities. Although they are not federally insured funds, their default risk is nearly zero because the securities they invest in are very low risk and the fund is relatively diversified. Suggested Answers to Investing in Action Questions Test Your Investment IQ (p. 4) How high is your Investment IQ as measured by the quiz? Answer: The average score was only 37 %, or well less than half. Remember that this is just one of many instruments that could be used to measure Investment IQ. For example, another assessment tool would be essay-oriented explanations of a specified investment’s strengths and weaknesses. Lessons For Investment Success (p. 15) (a)Why is it important to start investing now? Answer: One should start investing now in order to take advantage of compounding. A $1,000 amount invested for ten years at 7. 2 percent will double. The same amount invested at the same rate for twenty years will quadruple. Instead of just adding another $1000, you earn an extra $1000 from interest being earned on interest. Furthermore, there will never be an â€Å"ideal time† to invest. Terrorist threats, economic concerns, and alternative uses for the money are always with us. Studies have shown it is more important to invest than to pick the right security. Money not invested is likely to be spent and not provide future benefits. (b)Why is it a good idea to diversify? Answer: Diversifying allows you to spread out the risk that a unique firm or industry event will have a devastating impact on your investment. It is important to diversify across types of assets and nations. Suggested Answers to Discussion Questions 1. a)Since you fall into the category of a young investor, your key investment goals should be to purchase a house and save for the education of your children. Appropriate investments should focus on the education of your children. (b)You should consider the effects of taxes when investing, especially the tax relative treatment of capital gains and dividends. Your focus should be on maximizing the after-tax return on your investments. (c)Since you have a relatively long investment horizon, it is appropriate to focus on higher-risk investments such as common stocks in your portfolio. . Short-term vehicles play an important part in your investment program. Most importantly they will provide a pool of reserves that can be used for emergencies such as replacing cars, appliances and clothing that wear out over time. Savings or Investment VehicleMinimum BalanceYieldFederal InsuranceMethod and Ease of Withdrawing Funds (a)Passbook savings accountNone0. 5% to $4. 0%, depending on economyYes, up to $100,000 per depositIn person or through teller machines; very easy (b)NOW accountNo legal minimum, but often set at $500 or $1,000At or near passbook ratesYes, up to 100,000 per depositUnlimited check- writing privileges (c)Money market deposit account (MMDA)No legal minimum, but often set at $2,500Slightly above passbook ratesYes, up to $100,000 per depositLimited check- writing privileges (d)Asset management accountTypically $5,000 to $20,000S imilar to MMDAsYes, up to $100,000 in banks, varies elsewhereLimited check- writing privileges (e)Series EE savings bondInitial deposit is 50% of face valueAbout two percent above passbook savings accountNo, but Federal government issuePenalty of 3 months interest for early withdrawal (f)U. S. Treasury ill$25Slightly above passbook and NOW accounts No, but Federal government issueSecondary market exists (g)Certificate of depositTailored to investor needsSlightly above asset management accountNo, but as secure as most bank savings and checking accountsPenalty for early withdrawal (h)Money market mutual fundNo legal minimumSlightly below passbook savings accountNo, but has invested in a variety of government and bank issuesMay take a few days to receive check from fund Solutions to Problems 1. (a)Goal$250,000 $31,500 at 8% for 15 yrs. 100,000 Additional requirement$150,000 b)Annual deposit: ? ? $5,524. 50 2. (a)Tax on Allens’ income of $130,000. Looking at the joint tax return rate, we find ? (10% ? $14,000) ? [15% ? ($56,800 – $14,000] ? [25% ? ($114,650 – 56,800] ? [28% (130,000 – 114,650)] ? $1,400 ? [15% ? $42,800] ? [25% ? $57,850] ? [28% ? 15,350] ? $1,400 ? $6,420 ? $14,462. 50 ? $4,298 ? $ 26,580. 50 Tax on Zell’s income of $65,000. Looking at the joint tax return rate, we find ? ($10% ? $14,000) ? [$15% ? ($56,800 – $14,000)] ? [25% ? ($65,000 – $56,800)] ? $1,400 ? [15% ? $42,800] ? [25% ? $8,200] ? $1,400 ? $6,420 ? $2,050 ? 9,870. (b)Allan makes twice as much as Zell. Ratio of Allen’s total tax to income is ($26,580. 50/130,000) ? 20. 45% Ratio of Zell’s total tax to income is ($9,870450/65,000) $ ? 15. 18% Hence higher income earners pay a higher proportional of their income as tax. 3. (a)$50,000. 00/$50. 00 ? 1,000 shares of stock. (b)1,000 shares ? $2. 00 ? $2,000. 00 per year before tax. $2,000. 00 ? 0. 85 ? $1,700. 00 after tax. (c)($1,700. 00 ? 10) ? $50,000. 00 ? $67,000. 00. (d)$ 50,000. 00 ? 0. 05 ? $2,500. 00 per year before tax. $2,500. 00 ? 0. 67 ? $1,675. 00 after tax. (e)($1,675. 0 ? 10) ? $50,000. 00 ? $66,750. 00. (f)They should purchase the stock. Even though the annual interest from the bonds is more than the dividend income from the stock, after taxes the Pangs will have more money from the dividend income than from the interest income. 4. Cash FlowAmountRateTax (a)Interest$1,00028%$280 (b)Dividends$3,00015%$450 (c)LT Cap Gains$2,00015%$300 (d)ST Cap Gains$2,00028%$560 Solutions to Case Problems Case 1. 1? Investments or Golf? This case illustrates the many facets of the investment process; it involves much more than common stock. The authors recognize the value of physical education and emphasize the importance of sports, but a course in investments offers the student a lifetime of financial benefits. Thus, our arguments for selecting the investments course should not be interpreted as a negative statement on physical education, but rather as a positive discussion of the merits of investments. (a)The term investments refers to the process of identifying, evaluating, selecting, and monitoring the placement of funds with a view of preserving or increasing value and/or earning a positive return. Judd has simply identified one investment vehicle stock). He will not know how to evaluate other vehicles, select investments, or monitor them without a course in investments. In addition to looking at his own investments, a course in investing will give Judd a new perspective on the role of investments in the economy. He will learn that as an investor, he is actually supplying funds to government and business which will enable the continued strength and growth of the general economy. (b)Clearly, Judd has ignored short term securities, bonds, options, commodities and financial futures, mutual funds, real estate, tangibles, tax shelters, and limited partnerships. Each one of these vehicles offers another risk reward relationship that may meet certain unique investment requirements that cannot be met by common stock alone. (c)Judd does not have the knowledge needed to carry out the investment process described in question 2. Knowing about common stocks is not the same as understanding investments. There is no reason whatsoever to assume that common stock is the best investment available to Judd. Besides, the investment decision has to be compatible with his goals. Since Judd is just starting his career, in all probability he will not want to choose risky investments. Stocks are far riskier than, say, an investment in CDs. There are other considerations too. Does Judd have plans for the future when he will need the money? If so, is it a short term or a long term need? Answers to these questions will help determine whether he should make short term or long term investments. In summary, to gain an understanding of the investment decision and management process, Judd should pass up the golf course in favor of the investments course. Case 1. 2? Preparing Carolyn Bowen’s Investment Plan This case allows students to evaluate a proposed investment plan aimed at achieving certain retirement goals. a)The amount currently available to Carolyn includes $60,000 from the proceeds of the life insurance and $37,500 from her savings account, or a total of $97,500. At 6 percent compounded annually, her money will be worth: If she retires at age 62 (7-year investment): $97,500 1. 504 $146,640 ? $112,500 (house) ? $259,140 If she retires at age 65 (10-year investment): $97,500 ? 1. 791 $174,622. 50 ? $127,500 (house) ? $302,122. 50 (The future-value interest factors can be found in Appendix B, Table B. 1. ) (b)Value of Carolyn’s assets at 62 ? value of savings account ? alue of house: $146,640 ? $112,500 ? $259,140 Similarly, value of assets at 65 ? $174,622. 50 ? $127,500 ? $302,122. 50 Carolyn’s annual income at age 62 would be $259,140/12. 659 ? $20,470. 81 Carolyn’s annual income at age 65 would be $302,122. 50/11. 118 ? $27,174. 17 (c) Annual Retirement Income Age 62 RetirementAge 65 Retirement Annual S. S. Pension Fund Benefits$16,308. 00$20,256. 00 ?Annuity Income20,470. 8127,174. 17 Total Annual Retirement Income$36,778. 81$47,430. 17 (d)Carolyn needs $45,000 per year (before taxes) of retirement income. Without considering the change in her tax status upon retirement, she will not satisfy this goal if she retires at age 62. At age 65 she meets her requirement. The nature of tax legislation and the reduction in Carolyn’s tax liability upon retirement may make retirement at age 65 viable. (e)Carolyn’s plan is extremely conservative and low risk. The returns from the plan are very secure and probably assured. Carolyn can be confident that the accumulated worth of her investments will be available to her at retirement. Her plan to retire at age 65 meets her retirement -income goal. Carolyn’s plan offers low risk and low return.. Through only a slight increase in risk, she might improve her return on investment and have more â€Å"cushion† to allow for inflation and unexpected expenditures. Carolyn could purchase highly rated bond, CDs, and other blue chip security investments. In this manner, her risk aversion would be satisfied, and she would earn a higher return on her investments. This should permit more likely achievement of her retirement-income objectives. Therefore, with very little increase in risk, Carolyn could invest her funds in vehicles that will increase the probability that she will meet or surpass her requirement of an annual retirement income of $45,000. How to cite Chapter 01 Gitman, Essay examples

Music of Bangladesh Essay Example For Students

Music of Bangladesh Essay Tape Chowder, been less visible in the ass * Tape Chowder: went solo after beginning career in Souls * Warfare: emerged in mid-eighties as hard-rock band ND initiated rock era of Bangladesh * Beauty Ads from Chitchatting (Winner 2002 Benson and Hedges Best Vocal) * Nemesis: Hugely popular alt-rock band, currently recording their 2nd album. * Powerhouse: One of the oncoming successful Heavy metal bands. Rabin signage * Ibid: the youngest artist in à ©tagà ¨re song * Attica Islam: deceased * Famed Shattuck * Fiat Era Dean: contemporary * Kali Shari * Mila All: contemporary * Mitt Huge * Reawaken Chowder Banyan * Said Mohammad Tactfully * Chancel Khan: contemporary/living abroad (wry. Chancellor. Mom) * Cabal Aimed: living abroad Sierras Sealskin: contemporary/living abroad (Sydney, Australia) * Lily Islam: contemporary * Sanded Shattuck: contemporary, better known as a specialist in Rabin signage and as the founder of Dachas popular music school, Cannot * Chider Ihram: Sadden Siberi a: living abroad (USA) Classical music This article is about Western art music from 1000 AD to the present. For Western art music from 1750 to 1820, see Classical period (music). For other classical and art music traditions, see List of classical and art music traditions. Montage of great classical music composers. From left to right: Top row Antonio Vivaldi, Johann Sebastian Bach, George Frederic Handel, Wolfgang Amadeus Mozart, Ludwig van Beethoven; second row Coaching Rossini, Felix Mendelssohn, FRR ©d ©rice Chopin, Richard Wagner, Giuseppe Verdi; third row Johann Strauss II, Johannes Brahms, Georges Baize, Photo Illicit Tchaikovsky, Antonio Devoid; bottom row Advert Grief, Edward Legal, Sergei Rachmaninoff, George Gershwin, Arm Chattering Classical music is the art music produced in, or rooted in, the traditions of Western liturgical and secular music, encompassing a broad period from roughly the 1 lath century to present times. L] The central norms of this tradition became codified between 1550 and 1900, which is known as the common practice period. It should not to be confused with the Classical Era. European music is largely distinguished from many other non-European and popular musical forms by its system of staff notation, in use since about the 16th century. Western staff notation is used by composers to prescri be to the performer the pitch, speed, meter, individual rhythms and exact execution of a piece of music. This leaves less room for practices such as improvisation and ad labium ornamentation, that are frequently heard in non- European art music and popular The term classical music did not appear until the early 19th century, in an attempt to agonize the period from Johann Sebastian Bach to Beethoven as a golden age. The earliest reference to classical music recorded by the Oxford English Dictionary is from about Contents * 1 Characteristics * 1. 1 Literature * 1. 2 Instrumentation 1. 3 Form * 1. 4 Technical execution * 1. 5 Complexity * 1. 6 Society * 2 History * 2. 1 Roots * 2. 2 Early period * 2. 3 Common practice period * 2. 3. 1 * 2. 3. Classical period music * 2. 3. 3 Romantic era music Baroque music 2. 4 20th-century, modern, and contemporary music * 3 Significance of written * 3. 1 Modernist view of the significance of the score * 3. 2 Criticism of notation the modernist view * 3. 3 Improvisation * 4 Relationship to other music traditions * 4. 1 Popular music * 4. 2 Folk music * 5 Commercialism * 6 Education * 7 See Characteristics Given the extremely broad variety of forms, styles, genres, and historical periods generally perceived as being described by the term classical music, it is difficult to list characteristics that can be attributed to all works of that type. Vague descriptions re plentiful, such as describing classical music as anything that lasts a long time, a statement made rather moot when one considers contemporary composers who are described as classical; or music that has certain instruments like violins, which are also found in other genres. However, there are characteristics that classical music contains that few or no other genres of music contain. Literature The most outstanding and particular characteristic of classical music is that the repertoire tends to be written down. Composers and performers alike are typically giggly literate in understanding notation and the written quality of the music has, in addition to preserving the works, led to a high level of complexity within them. Edit] Instrumentation The Dublin Philharmonic Orchestra performs Tchaikovsky Fourth Symphony. The instruments used in most classical music were largely invented before the mid-19th century (often much earlier), and codified in the 18th and 19th centuries. They consist of the instruments found in an orchestra, together with a few other solo instruments (such as the piano, harpsichord, and organ). The symphony orchestra is he most widely known medium for classical music. The orchestra includes members of the string, woodwind, brass, and percussion families. Electric instruments such as the electric guitar appear occasionally in the classical music of the 20th and 21st centuries. .uc35ae37d906e4d33c75aec5e4d832dc2 , .uc35ae37d906e4d33c75aec5e4d832dc2 .postImageUrl , .uc35ae37d906e4d33c75aec5e4d832dc2 .centered-text-area { min-height: 80px; position: relative; } .uc35ae37d906e4d33c75aec5e4d832dc2 , .uc35ae37d906e4d33c75aec5e4d832dc2:hover , .uc35ae37d906e4d33c75aec5e4d832dc2:visited , .uc35ae37d906e4d33c75aec5e4d832dc2:active { border:0!important; } .uc35ae37d906e4d33c75aec5e4d832dc2 .clearfix:after { content: ""; display: table; clear: both; } .uc35ae37d906e4d33c75aec5e4d832dc2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc35ae37d906e4d33c75aec5e4d832dc2:active , .uc35ae37d906e4d33c75aec5e4d832dc2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc35ae37d906e4d33c75aec5e4d832dc2 .centered-text-area { width: 100%; position: relative ; } .uc35ae37d906e4d33c75aec5e4d832dc2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc35ae37d906e4d33c75aec5e4d832dc2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc35ae37d906e4d33c75aec5e4d832dc2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc35ae37d906e4d33c75aec5e4d832dc2:hover .ctaButton { background-color: #34495E!important; } .uc35ae37d906e4d33c75aec5e4d832dc2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc35ae37d906e4d33c75aec5e4d832dc2 .uc35ae37d906e4d33c75aec5e4d832dc2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc35ae37d906e4d33c75aec5e4d832dc2:after { content: ""; display: block; clear: both; } READ: Music for survival or a luxury EssayBoth classical and popular musicians have experimented in recent decades with electronic instruments such as the synthesizer, electric and digital techniques such as the use of sampled or computer-generated sounds, and the sounds of instruments from other cultures such as the gametal. None of the bass instruments existed until the Renaissance. In Medieval music, instruments are divided in two categories: loud instruments for use outdoors or in church, and quieter instruments for indoor use. The Baroque orchestra consisted of flutes, oboes, horns and violins, occasionally with trumpets and timpani. Many instruments which are associated t oday with popular music used to have important roles in early classical music, such as bagpipes, values, hurdy-grudges and some woodwind instruments. On the other hand, instruments such as the acoustic guitar, which used to be associated mainly with popular music, have gained prominence in lassie music through the 19th and 20th centuries. While equal temperament became gradually accepted as the dominant musical temperament during the 19th century, different historical temperaments are often used for music from earlier periods. For instance, music of the English Renaissance is often performed in monotone temperament. Keyboards almost all share a common layout (often called the piano keyboard). Form Whereas the majority of popular styles lend themselves to the song form, classical music can also take on the form of the concerto, symphony, sonata, opera, dance