Analysis of Jon Krakauer's Into the Wild Essay Example | Topics and Well Written Essays - 1750 words

Investigation of Jon Krakauer's Into the Wild - Essay Example These benefits incorporate a caring family, a higher education, a vehicle that he venerated just as cash worth $25,000 in his investment account (Krakauer 6). This prods the inquiry regarding why and how might such a youngster shut all contact with his folks and family, desert his vehicle, give out the entirety of his cash, and leave to go through the following two years as a desolate and destitute stray. Preceding this distinction, Chris forsakes them, and wanders into the obscure world to search for the uncommon brave existence without completely arranging and planning for it. This paper will explicitly diagram how the youngster bearing the name Chris McCandless related with nature during his undertakings particularly in the wild and how the nature rewarded him back. Chris' McCandless relationship with nature as introduced in the film Alaska has for quite some time been a magnet that draws in visionaries and loners, and individuals who believe that their hopeless deficiencies will be fixed up by wild experience. Chris encountered a similar dream since he accepted that the wild was the best goal. McCandless considered the to be as a spot liberated from present day society and its disasters just as a cleaner state where he could discover his character, and be totally free (Krakauer 13). In any case, it isn't correct that the genuine experience of everyday living in the wild is as genuine as Chris and others like him to envision. The falsity of the wild capers is appeared by Chris’s relationship with nature, which ended up being eccentric on the grounds that at one time the nature appeared to be exceptionally mitigating while at different occasions a similar nature was remorseless. In the start of his experience, nature pulled in McCandless with uncommon unwinding when he went over normal warm pools on the Alaskan Highway. Chris washed in the alleviating water and rested in this specific goal as he considered his best course of action (Krakauer 27). On th e third day, nature gave Chris the sudden by offering him a companion named Alex who also was pulled in by the pool that had become Chris’s ally for the couple of days that Chris had stayed in the pool close to the expressway. Notwithstanding, nature’s reality started to chomp as McCandless invested a great deal of energy attempting to discover food to keep his spirit alive with the goal that he had the opportunity to intentionally value the wild and its experiences as foreseen previously. The absence of food portrays itself through his composed diary which comprises of arrangements of the food that he found and ate each day. For a time of about a month and a half, Chris ate consistently on tidy grouse, squirrel, duck, goose, and porcupine. He made due by destiny since he needed to attempt all way to chase so as to get food, and the chasing task in itself was a repetitive encounter that depleted Chris (Krakauer 86). Preceding food and chasing, nature didn't offer Chris the ideal fulfillment since he strolled for in excess of 500 miles towards the tidewater, however later reexamined his arrangements and returned to where he had recognized the transport and settled there. Shockingly, Chris’s settlement was not for long on the grounds that half a month later, he adjusted his perspective and chose to go somewhere else. Be that as it may, the unpredicted nature was grinding away again and Chris’s venture was stopped by the overwhelmed stream (Krakauer 245). He was a frail swimmer and everything he could do was turn around to his sub-par condition, and reluctantly Chris needed to obey nature by turning around to his transport that had become his home. The motivation behind why Chris appears to be disappointed with nature is on the grounds that he

THE IMPACT OF INTERNATIONAL TRADE ON ECONOMIC GROWTH Essay

THE IMPACT OF INTERNATIONAL TRADE ON ECONOMIC GROWTH - Essay Example Universal exchange is advanced through fitting techniques and exacting perception of the exchange designs. This article tries to talk about the effect of worldwide exchange on the monetary development. As per an examination by the OECD in 2003, the flexibility of universal exchange was seen as huge. Results from 73 low and center salary nations in creating economies demonstrated that there is a solid connection between's worldwide exchange and monetary development (Peacock 2013). Internal creating economies will in general develop at a more slow rate contrasted with outward-situated creating economies. Normal development rate is fundamentally higher after the advancement of exchange than the period before the progression. Global exchange including imports of quick products prompts dispersion of innovation in an economy (Berdell 2002). The greater part of the examinations will in general help the beneficial outcomes of worldwide exchange on monetary development. The static effects of the global exchange allude to the improvement in the social government assistance with a fixed asset gracefully. Opening up the worldwide market offers the opportunity of exchanging at global costs (Peacock 2013). Residential shoppers can purchase less expensive imported merchandise. Simultaneously, makers get the opportunity to send out products to different markets at higher outside business sectors. The near bit of leeway in the universal exchange prompts specialization and improved quality conveyance. This has caused an addition in the social government assistance and yield. Another effect of universal exchange on economy is the dynamic increase. This is the adjustment in the structure of creation that can be credited to selection of new innovations (Peacock 2013). This has additionally prompted expanded sizes of creation. Development of creation through universal exchange prompts financial matters of scale and are for the most part dependent on the relative preferred position. There has been extension underway which is a reaction to the requests in the worldwide market (Berg and Lewer 2007). This extension has prompted a decline in the expense of creation and amassing of capital (Berdell 2002). This has had a general impact of expanding work levels. Universal exchange has been known for its help in the innovative overflows among the economies in question. This has supported profitability. Worldwide exchange transmits information into global market. A widely acclaimed financial specialist, Paul Krugman, through an article in The New York Times proposed that serious cheapening during the 1930s was not quite the same as the cutting edge of cash wars and global exchange strategies. A few nations were subject to the best quality level at that point. In the cutting edge monetary arrangements, common intercessions are difficult to achieve. Previously, gold was worth more than the local monetary standards. The customary liberal-advertise mediations are believed t o have no impact. Cash mediations are seen to achieve practically nothing. This has made significant economies get enticed to degrade their economies by printing more cash. Worldwide exchange influences financial development. As per Paul Krugman, universal financial approaches influence the motivations offered by the national banks which thus influence monetary development. As indicated by market analyst Milton Friedman, the most satisfactory proportion of the monetary approach is their financial impact and not loan costs. Milton accepted that baseless government intercession was unwanted in

Freshman Year Friendships

Freshman Year Friendships Maybe its the 50 degree weather in Champaign, maybe its because the Fighting Illini mens basketball team is tied for first place in the Big Ten Conference, or maybe its because graduation is only three months away, but I am feeling incredibly proud to be an Illini today. I feel right at home. And with such a positive outlook comes what could be my most raw and honest advice yet. You see, this past weekend I attended an Illinois Leadership i-Program called Insight (more on this later, I promise!), and at my table sat three freshmenâ€"three individuals with such uncertainty, excitement, and success ahead. And they dont even know it yet. Photo from Rachel Hernandez After hours of small talk and scripted conversation, one asked me my best piece of advice. I, of course, laughed and told him to check out my blog. He then asked if I found all of my best friends during my freshman year, the way movies say you should. I laughed at that, too. Photo from Rachel Hernandez The truth is that I was pretty lost my freshman year. I was unsure of who I wanted to be and unsure of the mark I wanted to leave behind at this university. There are friends I met early on in my college career who I remain close with today. But I would be lying if I told you I remember the girls who lived down the hall in my dorm or the people I met on my first day of class. Most of the friends I made freshman year were an attempt of trying to fit in and find a home on such a large campus. After a few months, though, many of those friends went in paths much different from my own, and thats okay. I didnt find my closest friends until my junior year after much self-refleciton and growing up. Remember, genuine friends are worth the wait. Photo from Rachel Hernandez My point is that feeling lost is okay. Losing friends is okay. Change is okay. Never lose sight of your goals, wear your blue and orange with pride, and go Illini! Rachel Class of 2020 I am studying Middle Grades Education with concentrations in Social Sciences and Literacy in the College of Education. Although I now reside in Champaign, I am originally from Vernon Hills, a Northwest suburb of Chicago.

Analysis Of The Movie Requiem For Detroit - 1338 Words

Julien Temple in his 2010 documentary, Requiem For Detroit?, brought light to the evolution of the motorcar industry in Detroit and how it affected the development process throughout the state. Detroit’s development was dependent on the modernised industrial revolution that brought forth the expansion of suburban life and growing consumerism. This also came to be known as the ‘American dream’. He also foregrounds to his viewers, what a post capitalist society looks like which came as a result of Detroit’s longing for this ‘American dream’. Temple brought attention to the rise of Fordism and the manufacturing process that accompanied it, as well as the impact of the 1930’s depression and how it caused social strife, poverty and violent out†¦show more content†¦For example, Temple showed clips of ex convicts who would confess to crimes they committed and admitted to it being a source of ‘fun’. One man says â€Å"abno rmal behaviour, in an abnormal environment, is a normal response† (RFD?, 2010) By providing his viewers with evidence such as this, Temple was able to express that the reason for such violent outbreak in Detroit was a result of desperation among it’s youth. This insight on violence and crime that Temple provided raised levels of concern amongst his viewers that perhaps, this was the future for Detroit. His use of repeated sound effects such as police sirens and women screaming gave the illusion that Detroit was doomed to fade to rubble. His use of music and repeated footage of Detroits’ tragic landscape also helped to support this potential pathway for his intended reading. This possible outcome for Detroit however, was not truly challenged until the last final moments of his film. Temple showed Detroit, or ‘The Motor City’ to be a fast paced, predominately white, rapidly growing economy. It was seen as one of the great epicentres of 20th century music and home to the American automobile. Unfortunately, it was later realised that the exact attitude that drove Detroit to its glory days were the same exact attitudes that sent Detroit into decline. Temple spends a considerable amount of screen time following an urban explorerShow MoreRelatedAnalysis Of The Movie Requiem For Detroit 1357 Words   |  6 PagesRequiem for Detroit? is a historical documentary, released in 2010 and directed by Julien Temple, about the decline and collapse of Detroit, one of America’s largest cities. It chronicles Detroit’s journey through its success in the automobile industry all the way through its urban decay and industrial collapse to the present day. As the film draws a close, Temple also suggests some ways forward for Detroit. He presents possibilitie s and clearly shows which he thinks is most likely through his use

Analysis Of The Novel A Number Of Themes - 1508 Words

In the novel, a number of themes have been outlined by Ondaatje such as race, ethnicity, identity, history, nationalism, Western colonialism, romance, war, and the human body. The setting also shifts to different locations such as Cairo, deserts in Africa and England. The problem of identity is one of the most important issues for the post-modern epoch. The English Patient is a novel that questions the nation and nationalism that shape identities through colonial and anti-colonial nationalisms. The English Patient has the resonance of the myth of the Egyptian traveller in the form of the central character Almasy who is a reservoir of the fragmented accounts of expeditions through deserts. The characters are all exiles from their homeland†¦show more content†¦It is through our sense of identity that we identify ourselves as members of various ethnic groups or nations as well as social classes which provide us with a sense of belonging. Likewise, nations are communities which provide a sense of belonging through the individual’s feeling of connectedness to his or her fellow men. In other words, individuals think that they are a part of one collective body, namely, a community known as nation, which is in fact an idea, defined by Benedict Anderson as â€Å"an imagined political community†. The survival of nations depend upon invention and performance of traditions, histories, symbols which help people sustain their identity. However, it mostly depends on nationality, traditions and narration of history, which are central elements. Therefore, national history is important in the sense that it narrates the past as a common experience that belongs to a community. It creates one particular version of the past and identity to constitute a common past and a collective identity of any given community. In other words, nations are â€Å"imaginary communities,† to use Benedict Anderson‘s phrase, and nationalism is based on the very concep t of a unified imaginary community. Furthermore, nations also provide peopleShow MoreRelatedThe Novel Brave New World 1346 Words   |  6 PagesPreston Carlton Mrs. Carico AP Literature October 5, 2017 Part One: Basic Information Title In the beginning of the novel, the title Brave New World was an optimistic phrase, first used by John the Savage to declare what a wondrous new world he had discovered in the World State. â€Å"‘O brave new world,’ he repeated. ‘O brave new world that has such people in it.’† (Huxley 130) As the novel progresses, the atmosphere accompanying that phrase gets heavier and heavier, when finally on page 190, the phraseRead MoreThe Curious Incident of the Dog in the Night Time Analysis Essay1664 Words   |  7 PagesNight Time theme analysis essay. The Curious Incident of the Dog in the Night time, a novel written by English novelist Mark Haddon is a novel that revolves around the adventure of Christopher Boone and his effort to solve the mystery of the murder of Wellington. The novel presents the theme of difference by the use of traditional narrative conventions. The conventions includes characterization of Christopher,the use of language in the novel, the unusual layout or structure of the novel and the useRead MoreSummary Of Night Double Entry Journal 1329 Words   |  6 Pages Ms. Williams 9-2-14 English 11 Honors – 4 Night Double Entry Journal I. Write one important quote from each chapter with the page number and explain its significance to the plot of the novel. Think about why that quote was particularly significant within the plot and to the main characters. Text from Night My Response/Analysis Chapter 1: †As far as I’m concerned, this whole business of deportation is nothing but a big farce. Don’t laugh. They just want to steal our valuables and jewelry. TheyRead MoreAnimal Farm Film Analysis838 Words   |  4 Pages This essay is a comparative analysis between the film and novel, Animal Farm. Animal Farm was written by George Orwell in 1943 and published on the 17th of August 1945. A motion picture of the novel was later produced on the 29th of December 1954 by director Joy Bachelor. There are many differences and similarities between the novel and film involving the use of characters, symbolism, themes, dialogue and events. Animal farm was a successful novel as the length was 112 pages, therefore the movieRead MoreTypes Of Rubrics : Analytic And Holistic1396 Words   |  6 Pagesrubric is a more general which can be applied to many things (Bookhart). However, I chose to create an analytic rubric because it is more specific, allowing me to produce the best possible analysis and winner for the Vermont Book Award. The most effective personally created rubrics have comprehensible language, a theme, description, and criterion that speaks to you as being significant (Miller). I believe that the rubr ic I created follows these aspects directly. The rubric I generated is very specificRead MoreJazz Influence On Jazz1469 Words   |  6 PagesThe Influence of Jazz in Toni Morrison’s Novel Jazz â€Å"It is only in his music [ ... ] that the Negro in America has been able to tell his story.† James Baldwin. â€Å"Jazz has been a part of a proud African American tradition for over 100 years. A robust, rhythmic under-structure, blue notes, solos, â€Å"call-and response† patterns, and improvisation of melody all characterize jazz music.† In Jà ¼rgen Grandt’s analysis, he states that in order to use jazz to look at African American literature, the criticalRead MoreSummary : The Book Thief 849 Words   |  4 PagesChapter/Page # Summary of episode Relevance/analysis Significant quotation Quotation Page Number Pages 3-8 In this episode the author introduces the narrator. It is soon to be explained that this narrator is death. Death tells the story of a young girl who he calls â€Å"The Book Thief.† Typically, Death is a figure that many people would describe as dark and evil in this novel, however, Death describes himself differently. One significant thing Death is interested in is colors, which is a very humanlyRead MoreArticle Critique: Participant Perceptions of a Novel Physiotherapy Approach1706 Words   |  7 PagesARTICLE CRITIQUE: PARTICIPANT PERCEPTIONS OF A NOVEL PHYSIOTHERAPY APPROACH Name Class Professor University/Institution City, State Date Introduction Smith et al. (2012) explored the importance of the Blue prescription to inducing physical activity among people with multiple sclerosis. Although, the title of the study appears long, it is complete and accurate. Specifically, the title implies that the qualitative study was conducted on the participants after they received medicalRead MoreEssay about Great Gatsby862 Words   |  4 Pagesthey last saw each other. Gatsby lives in a dream world and Daisy is part of that dream. As the novel progresses, however, Gatsbys feelings change. 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Chocolate in the Ivory Coast Free Essays

In countries like Burkina Faso, Ghana, Togo, and Mali children are sent away from their families to cocoa farms in exchange for promised money and other useful items for their family. Families will â€Å"send their children to work†, or basically sell, them for promised goods that are usually never received. Even though it is not slavery, there are still many moral problems with the cocoa farming. We will write a custom essay sample on Chocolate in the Ivory Coast or any similar topic only for you Order Now The children work long hours, in dangerous conditions, for usually nothing more than a bed to sleep in and minimal food to eat. Children from these poor countries are sent to The Ivory Coast in search of skills that will help them in life or help their family, but most of the time they are just taken advantage of. Cocoa farming in The Ivory coast is morally and ethically wrong because the children are taken advantage of and they are forced into a type of â€Å"slavery† The children that are taken from countries like Burkina Faso, Ghana, Togo, and Mali are severely taken advantage of for many reasons. First of all, they are promised goods in exchange for their service that most of the time are not delivered or provided. Most of the time these services are just ploys to take these children into â€Å"slavery†. Most children go to work at the farms under the impression that they will learn skills or jobs that they can use to help their family. Most of the time the only skill they learn is how to pick and cut open cocoa beans. As well as being taken advantage of, the children are also forced into hard work that is only slightly different from slave labor. The hours are horribly long, and they rarely get breaks so they basically work all day. The conditions are dangerous, as the children are using sharp machetes in dense fields, and can often cut themselves or other workers. They are not paid, but work only for a bed to sleep in and a small amount of food. It is also seldom to find children that leave the farms because they do not know where to go or what to do. The small food and bed they get is better than starving on the streets for many of them. To conclude, the process of using child labor to farm cocoa in the ivory coast is a very labor intensive and dangerous process that children should not be doing. Families send their children to work at the farms and most of the time the children do not leave. This process violates several moral and ethical standards, and needs to be changed. How to cite Chocolate in the Ivory Coast, Papers

Gross Domestic Product of Australia

Question: Compare Australia with any other advanced economy and discuss their GDP last 2 to 5 years and factors affecting their GDP. Answer: Introduction It is well-known that, at the present time, Gross Domestic Product (GDP) is measured as a powerful tool and techniques that plays a significant role in order to evaluate the economic as well as financial heath and position of a nation. On the other hand, it soul also be noted down that, GDP plays a vital role in order to measure and analyze the economic situation as well as monetary value of all goods that are produced in the geographic borders of a country within a specific time period (Brezina, 2011). Also, GDP plays a major role in order to estimate and scrutinize the actual and real value of a nation in an effective and an accurate manner. In addition to this, with the help of GDP, the government becomes able to measure the overall success as well as failure of a nation in an effective way. In this way, GDP plays a central role to agree on the overall economic as well as financial performance of a nation at the global level. Along with this, production approach, income approach, and expenditure approach are the three major approaches of the GDP that play a critical role in order to assess the GDP annual growth rate of a country in an appropriate way (Hall, and Lieberman, 2007). Consequently, GDP is considered as the most important quantitative technique that is valuable to estimate economic as well as financial health and wealth of a nation. Along with this, this research paper would be helpful in order to describe the major concepts related to GDP in the context of Australia. Moreover, this paper would also be beneficial to provide a comparison between the GDP of Australia and Canada in an effective and a powerful manner. Also, this research paper would be helpful to describe the major factors that have an impact on the GDP of the nation. Comparison/Evaluation between GDP of Australia and Canada On the whole, GDP plays a critical role in order to signify the economic value of the goods/products/services that are produced within the geographical borders of a nation over a particular period of time. In the same way, GDP annual growth rate is an important measure that is helpful to evaluate the economic performance of a nation in a particular period of time. In the end of each and every year, the World Bank publishes the GDP report of the nations (Mirow, 2016). In addition to this, the data and report published by the World Bank are vital in order to evaluate and appraise the economic performance of nation in term of their GDP. Moreover, the report published by the World Bank would also favorable to compare the GDP growth rate of the nations in an accurate way (The World Bank Group. 2016). Apart from this, in the context of Australia, the ABS (Australian Bureau of Statistics) issues GDP report and in the context of Canada, Canada's National Statistical Agency prints GDP report of the nation. These reports are essential in order to measure and calculate the annual GDP growth rate of the nations in an effective and an accurate manner. Along with this, it should be noted down that, the financial crisis of 2007-2008 was very dangerous for the economy of the nations that influenced and also declined the economy of the nations negatively. This financial crisis is also responsible to turn down the GDP growth rate of the nations for the duration of that time period. In addition to this, after the financial crisis, in 2009, the GDP annual growth rate of Canada was -2.71% even as the GDP annual growth rate of Australia was 1.73% (Thorpe and Leito, 2014). The GDP of Canada represents negative trends in the economy of the nation. The GDP rate of Australia is a sign of the strong economic position of the nation. In addition to this, the below given table is helpful to represent the GDP annual growth rate of both nations Australia and Canada in the last five years. On the basis of the above table, it can be assumed that, there is a continuous improvement in the GDP annual growth rate of Australia. In other words, it can be said that, the GDP rate of Australia has been increased in the last five year. For case, in 2013 the GDP annual growth rate of Australia was 2.40%, in 2014 2.50%, and in 2015 3.00%. As a consequence, it is believed that there is an increase in the annual GDP growth rate of the nation (McLean. 2013). In contrast, by considering the data of the Canada, it can be understood that, the annual GDP growth rate of the nation has been declined in a continuous manner. In addition, there may be seen a fluctuation in the economy of the nation. As a result, there is an up and down in the economy as well as annual GDP growth rate of the nation and that is dangerous for the overall development of the nation. In addition to this, it can be also supposed that, the GDP rate of Canada was 3.00% in 2011, 1.90% in 2012, 2.00% in 2013, 2.40% in 2014, and 1.20% in 2015. So, there is a fluctuation in the GDP rate of Canada. Moreover, on the basis of the data given in the above table, in 2015, there can be seen an enormous decline in the GDP rate of the nation. For case, the GDP rate was 2.40% in 2014, and 1.20% in 2015. It is just half of the previous year. This decline represents negative trends in the economy of the nation that are influencing the economic health as well as wealth of Canada in a negative way (Lin, Edvinsson, Chen, and Beding, 2013). On the other hand, the above table is also helpful to represent an effective comparison between the GDP rate of both nations Australia and Canada. For case, in 2012, the GDP rate of Australia was 3.60% whereas GDP rate of Canada was 1.90%. Furthermore, in 2013, the GDP rate of Australia was 2.40%, while Canada was only 2.00%. In the same way, in 2014, the GDP rate of Australia was 2.50% and in 2015 3.00% even as the GDP rate of Canada was 2.40% and 1.20% respectively. On the basis of the evaluation between the GDP annual growth rate of Australia and Canada, it can be concluded that, the GDP rate of the Australia is higher than the GDP rate of Canada (Martin and Milway, 2012). As a result; it is believed that, in current, the economic position as well as performance of Australia is stronger than Canada. In addition to this, by considering all the data given in the above table, it can be assumed that, after the financial crisis 2007-2008, the GDP growth rate of the Australia has been improved in a continuous way. Moreover, the GDP rate of Canada expresses the negative economic trends and market fluctuation in the economy of the nation that have an impact on the annual GDP growth rate of the Canada (Verdun, 2006). In addition to this, it should also be noted down that, there is less fluctuations in the economy of Australia that is beneficial for the strong economic position and high GDP rate of the nation. Moreover, the Average GDP rate of Australia is also higher than Canada and consequently, there can be seen a regular increase in the GDP rate of the Australia. For instance, the Average GDP rate of Canada is 2.4% even as the average GDP annual growth rate of Australian is 3.50% and it indicates that the economic conditions of Australia are strong in comparison to Canada (Patel, Wood ward, Feigin, Quah, and Heggenhougen, 2010). In this way, on the premises of the above table, it should be noted down that, after the financial crisis 2007-2008, the GDP annual growth rate of Australia is increasing continuously. Moreover, there can be seen a fluctuation in the GDP annual growth rate of Canada. Apart from this, it is also observed that, after the financial crisis, the GDP rate of Canada has been declined in last five years. In addition to this, it is also scrutinized that, there is a smaller amount of fluctuation and continuous improvement in the economy of Australia (International Monetary Fund. 2006). In this way, it can be said that, the economic as well as financial performance, situation, health and wealth of Australia is stronger than Canada in the last five years. In addition to this, the below given graph is also beneficial in order to understand the GDP annual growth rate of both nations Australia and Canada in the last five years. This graph is also helpful to demonstrate that changes in the GDP rate of both nations in the previous years (OECD. 2015). In this graph, the black dotted line stands for the GDP rate of Canada and the blue line indicates the GDP rate of Australia in an effective way. On the basis of the graph, it should be noted down that, the GDP of Australia has been greater than before in the previous years. The increased GDP rate of Australia signifies positive trends as well as favorable market situations of the nation. As a consequence, it can be thought that, the economy situations and conditions of Australia are favorable for the economic growth as well as success of the. Apart from this, on the premises of the graph, it is also observed that, GDP rate of Canada has been turned down in last five years. The decreased GDP annual growth rate of Canada points out the negative trends in the economy of the nation (TRADING ECONOMICS. 2016). Along with this, it is observed that the GDP rate of Australia has been improved in the previous years. For that reason, it is crucial to comprehend the major causes that play a major role in order to amplify the GDP rate of Australia in previous years. There are numerous causes that improve the GDP rate of Australia in last five to ten years. For case, government support to the business organizations or industries is the major reason that increased the GDP of the nation (Endegnanew, Turner-Jones, and Yartey, 2012). In addition to this, increased households purchasing power, increased commodity prices and the increased demand of raw materials are also the major causes that influence the GDP rate of the nation in a positive way in the previous year. Also, high investment in the mining sector is also considered one of the major causes that has been increased the GDP rate of Australia in an effective and a more comprehensive manner. In addition to this, the strong economic performance, favorable marketing conditions and trends of the nation also helpful to improve the GDP rate of Australia. It is because of the strong economy system of the nation plays a significant role to attract the other countries; so they can invest their money in that nation in order to earn higher returns on their investments. Moreover, boom in coal, iron and financial banking sector also improved the economic conditions as well as GDP growth rates of the nation in the previous years (Enright, and Petty, 2016). In this way, it can be said that, these are the major factors that influence the economy and GDP rate of Australia positively in the past time period. On the other hand, in the perspective of Canada, oil sector, banking sector, finance sector, and real estate sector play a significant role in order to improve the economy performance of the nation in last five years. Also, high government as well as private consumption, exports, and heavy demand of the household goods/products has been enhanced the GDP rate of the nation in the previous years (Estevo, and Tsounta, 2010). In this way, with the help of comparison between the GDP of Australia and Canada, it can be thought that, the economic system, performance, health, and wealth of Australia is superior as well as highly developed in comparison to Canada. Factors That Have an Effect on GDP of the Nation There are a number of factors affect economy and GDP rate of the nations in a positive as well as a negative way. The major factors that influence the GDP of both nations Australia and Canada are expressed as below: Australia: The key factors that affect the GDP of Australia are articulated as follow: Interest Rates: Interest rate is a major factor that has an impact on the GDP of the nation. The high interest rates of Australia have influenced the GDP of the nation. For case, it should be noted down that, the interest rates of the nation are higher than other nations that have been generated various challenges as well as serious issues in front of the government of the nation and also influenced the GDP rate of the nation negatively (Focus Economics. 2016). Inflation: Inflation is a key factor that influences the economy and GDP of a country. It is true that, inflation stays alive in the economy of Australia that is dangerous for the economy growth and success of the nation (Faeth, 2010). Moreover, the below given chart is useful to appreciate the impact of inflation on the economy as well as GDP of Australia. The graph points out that in the past years, the inflation rate of the nation was high that has been influenced the economy performance and GDP annual growth rate of Australia in negative way. Government Spending and Investment: The government spending and investment is also the other important factor that affects the economy and GDP rate of the nation. But, in the context of Australia, a low government spending as well as investment has been influenced the economy performance as well as GDP rate of the nation in a negative manner (Marthinsen, 2008). Canada: The major factors that have an effect on the GDP and economy of Canada are expressed as below: Free Trade Agreement: Free trade agreement is a major factor that has been influenced the economy performance and GDP rate of the nation in a negative way. It is because of the government of nation has made a lot of agreements with other nations that not only decline the profitability but also influenced the GDP rate of the nation in a negative way (Focus Economics. 2016). Oil Prices: The increased oil prices of nation also affect the GDP rate of Canada negatively. For case, there can be seen a rapid increase in the price of crude oil and this increase has been influenced the economy success, and GDP of the state negatively (Lawn, 2013). Number of Employees: In the history of Canada, there can be observed a major decline in the numbers of factory workers. This decline has been affected the productivity as well as profitability of the nation in a negative way (Globerman, and Storer, 2008). Moreover, the decline in the productivity has been influenced the economy and GDP of the nation. Housing Prices: The increased housing prices also influenced the economy and GDP rate of Canada in a negative way. For case, in 2013, the housing price of Canada was 5.2% even as it was 6.8% in 2014 (Martin and Milway, 2012). In this way, it can be said that, these are the major factors that affect the economy of the nations in a negative manner. The governments of the nations must emphasis on these factors and also make efforts to remove these negative factors to improve the economy performance as well as GDP rate of the nation in an effective and a more comprehensive manner. Conclusion On the basis of above conversation, it can be understood that, GDP is a major tool and technique that plays a significant role in order to measure the economic performance of a nation in an effective and a more comprehensive manner. Along with this, it is also observed that, GDP rate of a nation is a symbol of the positive and negative economy of the nation. Moreover, it is also scrutinized that, the GDP rate of Australia is higher than the GDP rate of Canada that points out that the economic system of Australia is superior to Canada. In addition, it is also observed that the economy situations or conditions of Australia are favorable to the nation. In addition to this, it can also be said that, there are numerous factors that have an impact on the economy of the nations in both positive as well as negative manner. For this reason, it is recommended that, the government of both nations should focus on the negative factors or trends and should develop effective policies to take away t hese factors in order to improve the economic performance and GDP of the nations in an effective and a more comprehensive manner. References Brezina, C., 2011. Understanding the Gross Domestic Product and the Gross National Product. The Rosen Publishing Group. Endegnanew, Y., Turner-Jones, T., and Yartey, C. A. 2012. Fiscal Policy and the Current Account: Are Microstates Different? International Monetary Fund. Enright, M.J., and Petty, R., 2016. Australia's Competitiveness: From Lucky Country to Competitive Country. John Wiley Sons. Estevo, M.M., and Tsounta, E., 2010. Canada's Potential Growth: Another Victim of the Crisis? 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