Adam Smith Wealth Nations Wealt Of Nations Summary Economics Essay

Adam Smith Wealth Nations Wealt Of Nations Summary Economics Essay In the first sentence of Wealth of Nations, Smith explained his conception of the nature of the wealth of nations. In so doing, he separated his views from those of the mercantilists and physiocrats. The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consists always either in the immediate produce of that labour, or in what is purchased with that produce from other nations. In a number of places throughout Wealth of Nations, Smith berated the mercantilists for their concern with the accumulation of bullion and identification of bullion with the wealth of a nation. Smith believed, in fact, that most mercantilists were confused on this issue. For him, wealth was an annual flow of goods and services, not an accumulated fund of precious metals. He also revealed an understanding of a link between exports and imports, perceiving that a fundamental role of exports is to pay for imports. Furthermore, in his opening sentence he implied that the end purpose of economic activity is consumption, a position he developed more fully later in the book. This further distinguishes his economics from that of the mercantilists, who regarded production as an end in itself. Finally, in emphasizing labor as the source of the wealth of a nation, he differed from the physiocrats, who stressed land. Smith went on to suggest that the wealth of nations be measured in per capita terms. Today when it is said, for example, that England is wealthier than China, it is understood that the comparison is based not on the total output or income of the two countries but on the per capita income of the population. In essence, Smiths view has been carried forward to the present. In the same paragraph in which Smith stated that consumption is the sole end and purpose of all production, he rebuked the.mercantilists because in their system the interest of the consumer is almost constantly sacrificed to that of the producer and because they made production, and not consumption . .. the ultimate end and object of all industry and commerce. So much for the nature of the wealth of nations. The rest of Smiths book is concerned with the causes of the wealth of nations, directly or indirectlyà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬sometimes very indirectly. Book I deals with value theory, the division of labor, and the distribution of income; Book II with capital as a cause of the wealth of nations. Book III studies the economic history of several nations in order to illustrate the theories presented earlier. Book IV is a history of economic thought and practice that examines mercantilism and physiocracy. Book V covers what today would be called public finance. Causes of the Wealth of Nations Smith held that the wealth of a nation, what we today call the income of a nation, depends upon (1) the productivity of labor and (2) the proportion of laborers who are usefully or productively employed. Because he assumed that the economy will automatically achieve full employment of its resources, he examined only those forces that determine the capacity of the nation to produce goods and services. Productivity of labor. What determines the productivity of the labor force? In Book I, Smith stated that the productivity of labor depends upon the division of labor. It is an observed fact that specialization and division of labor increase the productivity of labor. This had been recognized long before the publication of Wealth of Nations, but no writer emphasized the principle as Smith did. In our modern economyà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬even in the academic worldà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬division of labor is widely practiced, with notable influence on productivity. Smith illustrated the advantages of specialization and division of labor by borrowing from past literature an example that measured output per worker in a factory producing straight pins. When each worker performs every operation required to produce a pin, output per worker is very low; but if the production process is divided into a number of separate operations, with each worker specializing in one of these operations, a large incre ase in output per worker occurs. In Smiths example, when the process is divided into eighteen distinct operations, output per worker increases from twenty pins per day to forty-eight hundred. It is interesting that although Smith recognized the economic benefits of specialization and division of labor, he also perceived some serious social costs. One social disadvantage of the division of labor is that workers are given repetitious tasks that soon become monotonous. Human beings become machines tied to a production process and are dehumanized by the simple, repetitive, boring tasks they perform. But Smith had no doubt that human welfare is, on balance, increased by the division of labor. The division of labor, in turn, depends upon what Smith called the extent of the market and the accumulation of capital. The larger the market, the greater the volume that can be sold and the greater the opportunity for division of labor. A limited market, on the other hand, permits only limited division of labor. The division of labor is limited by the accumulation of capital because the production process is time-consuming: there is a time lag between the beginning of production and the final sale of the finished product. In a simple economy in which each household produces all of its own consumption needs and the division of labor is slight, very little capital is required to maintain (feed, clothe, house) the laborers during the production process. As the division of labor is increased, laborers no longer produce goods for their own consumption, and a stock of consumer goods must exist to maintain the laborers during the time-consuming production process. This stock of goods comes from saving and is, in this context, what Smith called capital. A major function of the capitalist is to provide the means for bridging the gap between the time when production begins and the time when the final product is sold. Thus, the extent to which production processes requiring division of labor may be used is limited by the amount of capital accumulation available. Smith therefore concluded: As the accumulation of stock must, in the nature of things, be previous to the division of labour, so labour can be more and more subdivided in proportion only as stock is previously more and more accumulated. Productive and unproductive labor. The accumulation of capital, according to Smith, also determines the ratio between the number of laborers who are productively employed and those who are not so employed. Smiths attempt to distinguish between productive and unproductive labor became confused and reflected normative or value judgments on his part. However, it manifests an awareness of the problem of economic growth. Labor employed in producing a vendible commodity is productive labor, Smith held, whereas labor employed in producing a service is unproductive. As an advocate of the changing social and economic order, he postulated that the activities of the capitalists, which resulted in an increased output of real goods, were beneficial to economic growth and development, whereas the expenditures of the landowners for servants and other intangible goods were wasteful. A man grows rich by employing a multitude of manufacturers: he grows poor by maintaining a multitude of menial servant s.10 According to Smith, what is true of the individual is true for the nation; thus, for the economy as a whole, the larger the share of the labor force involved in producing tangible real goods, the greater the wealth of the nation. Capital is required to support the productive labor force; therefore, the greater the capital accumulation, the larger the proportion of the total labor force involved in productive labor. Capitals are increased by parsimony, and diminished by prodigality and misconduct. This distinction between productive and unproductive labor also affected Smiths view of the role of the government in the economy. Just as the expenditures of the landowning class for servants and other forms of unproductive labor are detrimental to economic development, so is some part of government expenditures. The sovereign, for example, with all the officers both of justice and war who serve under him, the whole army and navy, are unproductive labourers.12 Smith insisted that the highest rates of economic growth would be achieved by distributing large incomes to the capitalists, who save and invest, and low incomes to the landlords, who spend for menial servants and who leave nothing behind them in return for their consumption.13 Furthermore, because economic growth is inhibited by government spending for unproductive labor, it is better to have less government and, consequently, lower taxes on the capitalists so that they may accumulate more capital.

The Issues Of Investing In Wind Power Environmental Sciences Essay

Buying and put ining a little air current power generator for your place is a undertaking that requires significant investing. Small wind generators can be you anyplace from $ 2000-6000 per kilowatt. As such, even the smallest air current turbine – i.e. a 5kV generator – can be you about $ 10,000. As such, it is intrinsic that you consider a few issues before you invest a majority of money in a little air current power generator to cut down your future public-service corporation costs Regional Wind Speed This is one factor that most people miss out on when make up one's minding to purchase a little air current power generator, and it is due to this that most people complain about air current power generators. Get to cognize the mean air current velocity in your country before purchasing a air current turbine. Subsequently, when you go to buy a air current turbine, expression at the sum of air current velocity it requires for declared power coevals. Most people deny this and frequently stop up kicking about non acquiring what they want. Remember, little air current generators require ample wind velocity and as such you should look up the air current velocity statistics and choose the appropriate air current power generator. On or Off-Grid First of wholly, you should make up one's mind whether you will be linking your little air current power generator to the power grid or non. If you decide to maintain it off-grid, you will be farther required to buy batteries and an inverter to hive away the extra energy and utilize it subsequently onwards. If you decide to link your generator to the grid, it wo n't be you much and you will be able to sell the extra energy generated to the local public-service corporation company. By and large, linking the generator to the power grid is preferred as it consequences in larger decrease in public-service corporation measures. Actual Capacity The declared capacity is ever mentioned sing the turbine invariably receives the ideal air current velocity and as such it is frequently extremely overstated. You should recognize that little air current generators do non work at their existent rated capacity ; alternatively, they merely produce 10-40 % of their stated capacity on a day-to-day norm. For case, a 1kW turbine will non bring forth 24kW in 24 hours, but alternatively it will bring forth 10-40 % of 24kW ; i.e. 2.4-9.6kW on a day-to-day footing. It is of import you realize this and maintain this in head while buying little air current generators. Area & A ; Placement of Wind Turbine By and large, it is said that a air current turbine should be placed at a tallness of 80ft for ideal air current velocity. However, there are a few issues when puting a air current turbine at such a tallness. Chiefly, if you are traveling to put a air current turbine at such a tallness you will be required to construct a tower of the same tallness on which the air current turbine will be placed. Furthermore, the tower will necessitate to be sturdy so that it is non destroyed in instance of high velocity air currents. Many legal powers do non let anything to be built in a residential country over the tallness of 35ft. In such instances, you will necessitate to get a edifice license from the local council or the several lodging authorization. If you are acute on puting your little air current power generator elsewhere, you will be required to supervise from which way and at which tallness of your house do you have ideal air current velocities. Remember that a air current turbine is dea rly-won and if you can non put it in countries of good air current velocity, it is a waste of money. At every point in make up one's minding to buy a air current power generator, you should maintain in head that little air current generators country a brawny investing. You should purchase one that is ideal for you or else all your invested clip and money will travel to waste. Article 2 – Why Home Wind Power Is Good? Environmentally Friendly In the face of issues such as planetary heating and depletion of non-renewable natural resources, one of today ‘s major issues is utilizing environmentally friendly merchandises. One of the most obvious advantages of utilizing place air current power is, hence, doing usage of renewable beginning of energy ( air current ) to bring forth energy. This in bend frees the non-renewable resources such as coal and oil for other utilizations. Windmills or weave turbines minimise the harm done to environment compared to utilize of coal and oil for the same which release toxic exhausts that have led to ozone depletion. Cost Salvaging Furthermore, the cost of operation of place air current power is drastically low compared to other beginnings. Although the initial capital cost possibly high, consecutive cost of operation remains highly low. Hence, the option is cost-efficient and has the potency for tremendous nest eggs for today ‘s cash-starved clients. In some states, the authoritiess have besides initiated revenue enhancement freedoms for families that survive on place air current power. In some provinces the cost of the equipment is written off against the person ‘s income that consequences in lower nonexempt income and hence, income revenue enhancement. Other provinces may let revenue enhancement interruptions for families utilizing place air current power as good. Customers besides benefit from lower electricity measures. Always Powered Possibly, a noteworthy advantage of utilizing place air current power is that this system is dependable and families do n't hold to endure from deficiency of electricity due to power outages. Hence, in states with terrible power crises and burden casting issues, this system of place air current power ensures power even when there are blackouts. Furthermore, clients no longer necessitate to trust on grid Stationss for supply of electricity ; they become self-sufficing with domestic air current power turbines and windmills. Besides, the operation is highly straightforward and hassle free and does non necessitate complicated processs of installing. Home wind turbines are one manner of bring forthing air current power and they significantly cut down C emanations. It, hence, leads to a greener environment. By hive awaying fresh air current energy, wastage of the renewable resource is reduced. Good Investing Wind power equipment is treated as an investing. Its lifespan extends by more than twenty old ages. The usage of air current power non merely helps families salvage money but besides helps them do money. On high air current yearss families are able to sell power to grid Stationss and they might acquire paid for it by electric companies where the province allows. It is highly good for places located near the national grid. Families can hive away extra air current on a blowy twenty-four hours and so sell it subsequently to the national grid. Although air current turbines are normally tall vertically, they take up really small infinite vertically and are, hence, convenient to topographic point in little houses. They besides free up the staying land or infinite for other utilizations. Furthermore, by geting the air current power installation the resale value of residential places increases because the equipment is regarded as a place betterment and has reasonably low care costs. It is tr eated as a back-up beginning of energy as good ; hence, purchasers end up paying more for houses with this installation. Article 3 – Wind Power VS Solar Some parts of the equipment used in solar panels are frequently obtained by activities such as strip excavation and through significant harm to the environment which is non the instance with residential power generators. Residential air current power generators have a batch of traveling parts, whereas solar panels do non. Therefore, the operation of residential air current power generators is noisy compared to that of solar panels which is soundless. Residential air current power generators have lesser dependability and a shorter battery life ( from 10-20 ) old ages compared to solar power equipment that has a life of about 25 old ages. Furthermore, air current power equipment requires greater monitoring compared to solar power. It besides requires more expensive care compared to solar power. Besides, residential air current power generators are more conspicuous compared to solar panels that become less obvious when installed on rooftops. Installation with solar power is besides fast er compared to that of air current power and less overseas telegram is required. The former is besides less affected by harm by buoy uping and is besides less antipathetic to damage by high velocity air currents. Besides, in some states authoritiess are antipathetic to the thought of installing of residential air current power generators and permission is hard to obtain compared to that for solar power. Besides, the air current turbines and generators are risky to winging animals such as birds that get trapped into the fan and lose their life. Residential power generators can botch the attraction of a house by going excessively outstanding in the landscape. As a consequence the value of existent estate may travel down. Wind power equipment requires more infinite compared to that for solar power which can easy be built onto rooftops. Professionals of Wind Power One of the most obvious advantages of utilizing wind power is that they can utilize wind twenty-four hours or dark or 24 hours every bit long as air current is blowing, whereas, in the instance of solar power, energy can be obtained merely during daylight hours. Besides, the installing of residential air current power generators is frequently less expensive than that of solar power panels and the production of solar panels consumes greater resources. Furthermore, air current power frequently produces greater sum of energy compared to solar power which is suited for low-energy ingestion contraptions such as bear downing batteries etc. Cons of Wind Power End product from air current power is non as predictable and consistent as that from solar power, harmonizing to research by NASA. In countries where the mean air current velocity is less than 5 metre per second, solar power provides greater value for money compared to weave power. Its credibleness is farther weakened by issues such as dependence on velocity, strength and way of air current. The operation of air current power equipment is noisy and harmonizing to one research can bring forth the same noise as a auto traveling at the velocity of 70 miles per hour. The production of air current power equipment besides consequences in pollution ; hence, their usage is non free from pollution. Besides, one piece of air current power equipment has really small capacity compared to a solar panel and the largest capacity extends to merely 475 people. If this signifier of energy were to be used extensively in future, a batch of such equipment would necessitate to be manufactured. Article 4: Is Wind Power Apt for You Several factors need to borne in head before make up one's minding to utilize wind power. Geographic Considerations It is necessary to do certain there are n't any physical barriers or breaks in the signifier of skyscrapers, edifices, trees or hills near the place. Locations that are exposed are frequently the best for air current generators for place usage as they are non disrupted by any turbulency. Besides, it is necessary that the place is located in a blowy country. If the air current velocity is less than 5 meter/ second, the air current generators for place usage fail to work decently and do non bring forth coveted energy degrees. Besides at velocity less than 5 metres per second, air current generators for place usage become less cost effectual than solar panels. Furthermore, a really of import factor is whether the place is east unfastened or west unfastened. Wind generators for place usage mostly depend on the way of air current. If air current is in the opposite way so opportunities are high that the equipment wo n't work. The strength of air current is merely every bit of import as the velocity of air current. By and large, the higher the strength the better the public presentation of the air current generator for place usage ; nevertheless, if the strength is excessively much ( as in the instance of gales ) the equipment can be destroyed. Furthermore, air current power is of great benefit to the client if the place is located far off from the national grid. The public-service corporation of air current generators for place usage is maximized to those whose places are remotely located and are barren of electricity supply. Legal & A ; Aesthetic Considerations Legally, it is necessary to happen out whether there is demand for be aftering permission for installing of air current generators for place usage in the peculiar vicinity where the place is. Often little graduated table usage of air current power requires some kind of be aftering permission and authoritiess may be susceptible to the thought of air current turbines and generators as they are presumed to destruct the aesthetic attraction of a vicinity. Furthermore, if the occupants of the place intend to resell the place in close hereafter, they possibly averse to the thought of air current generators for place usage as they destroy the beauty and attraction of the house and might ensue in lower resale value. Other Considerations Furthermore, the size of the place is really of import. Wind power equipment by and large requires big infinite, particularly 1s with big energy capacity. Besides it is of import to put precedences, that is, does the place need a changeless power supply or can it make without one. One of the major grounds for utilizing wind power is to minimise losingss originating from burden casting or blackouts. Wind power is besides used for exigency intents ; hence, it is indispensable to make up one's mind whether the house needs energy in times of power cuts. It is besides indispensable to find the income degree of the family. If the income degrees are high opportunities are that the usage of air current power may non look really convincing as the family possibly able to boom on the usage of coal or gas powered generators and manage to pay immense electricity measures. Article 5: Cost of Wind Power Capital Costss These include the cost of turbines, blades and any other constituent that is built on the top of the towers. A broad assortment of makers are available. Vestas, GE, Mitsubishi are some of them. The cost of air current power varies with makers. Furthermore, the cost depends on whether the stuff is imported or local. Costss related to interconnection such as substations are besides included. These are needed to let the air current farm to acquire entree to transmittal lines. Furthermore a connexion to the grid station possibly required if the client wishes to provide the national grid station with extra electricity. These costs vary with the terrain ( they are higher in cragged or rugged terrain ) every bit good as distance and handiness of rights. Legal Costss Cost of obtaining be aftering permission from the authorities can besides be important constituent of the overall cost of air current power and depend on the grade to which authorities of the province are inclined towards the thought of utilizing wind power. State blessing every bit good as local zone blessing is required. This includes fees of attorneies, lobbyists every bit good as applied scientists. When seeking legal blessing, of import considerations might include taking into history possible harm to vicinity ( in footings of noise pollution ) or to the aesthetics of the town. Financing Costss Cost of funding possibly a really of import constituent. Since the cost of installing of air current power equipment is high, some families may see borrowing a loan and the rate of involvement on that loan may be considered as a possible funding cost. The cost of air current power varies and its deserving depends on the beginnings of finance available to the client. The cost of a system that is roof mounted sums to ?2,000. Larger installings range from $ 30,000 to $ 48,000 and include a revenue enhancement amounting to 5 % of the cost of installing. Tax freedoms of revenue enhancement interruptions possibly deducted from the overall cost. Other Costss These are costs associated with the force per unit area, way, velocity and variableness in air current. The sum of burden borne by the national grid every bit good as transmittal lines plays an of import function ; the higher the burden, the higher the costs of air current power. Cost of battery is another consideration here. Battery life may change from between 6 to 10 old ages. Research suggests that extremum end product occurs less than 30 % of the clip which means that there are costs associated with off-peak end product. Costss associated with insurance, and noise costs ( such as uncomfortableness to neighbours ) may besides be high. Besides, the cost of bird deceases caused by the operation of equipment is a societal cost of air current power. Repair and replacing costs The utile life of air current power equipment varies with the usual life changing between 10 to 20 old ages. Monitoring costs of air current power are normally high and replacing is costlier compared to other signifiers of energy.

Why Is Genetic Modification Is The Same Thing As...

As of 2016, the current global population is 7.3 billion people. At the current rate of growth, the global population is anticipated to be approximately 9.7 billion people by 2050. In addition, this population is anticipated to eat more of a middle class diet. Which means more meat, grains, and protein in a person’s daily diet. The challenge that society faces today, is eating a more mainstream, middle class diet while also managing the affordability of food production and food purchase. Selective breeding is a way for scientists to select for certain genetics that increase plant health and yields. Whereas, biotechnology allows for an expansion of acreage to be utilized for production of food crops like corn, soybeans, wheat, etc. Its important to understand that genetic modification is the same thing as biotechnology. According to gmoanswers.com, GMOs (genetically modified organisms) are defined as â€Å"Biotechnology in plant agriculture has come to mean the process of intentionally making a copy of a gene for a desired trait from one plant or organism and using it in another plant. The result is a GMO.† This means that farmers and scientists are collecting the best and most productive traits from plants and changing a part of its DNA, rather that maintaining the original traits. To make this clear, it is also important to understand that genetic modification is not an ingredient, but rather a breeding method for increased food production. Similar to genetic modification,Show MoreRelatedWhy Are Genetically Modified Foods?1359 Words   |  6 Pagesfor water, or more nutrients available in the organism. Slight modifications to an organisms deoxyribonucleic acid (DNA) allows for crops to make better use of resources, have a longer shelf life or even contain more nutrients. This technology could benefit the struggling agricultural community in feeding a growing population and making the most of the resources they have, for the benefit of themselves as well as the consumer. So why are genetically modified foods so widely misunderstood and fearedRead MoreGene Technology : Genetically Modified Crop Plants1702 Words   |  7 Pageswine, and reacts with hops for beer. (dictionary.com). In order to understand Genetically Modified Crops, one must have an understanding of the technique of biotechnology. Biotechnology can be defined as any technique that uses living organisms to break apart to modify their composition that be used for creating other live organisms. Biotechnology encompasses any technology that uses biological systems, living organisms, and derivatives to make or modify products for use. Yeast and its bacteria wereRead MoreHow Technology Has Made A Great Impact On Business, Communication, And Education1373 Words   |  6 PagesEditing Human Genome The last few decade, technology has made so much progress that today humans are allowed to do things that never even crossed their mind, modifying the plants and animals and all that progress is for the benefit of humans. Technology has made a great impact in business, communication, education, healthcare, etc. Today in the healthcare, medical research has become extremely advanced, and every disease seemingly has a cure or at least a prevention; it has advanced with the discoveryRead MoreHow Technology Has Made A Great Impact On Business, Communication, And Education1374 Words   |  6 Pages Editing Human Genome The last few decades, technology have made so much progress that today humans are allowed to do things that never even crossed their mind, modifying the plants and animals and all that progress is for the benefit of people. Technology has made a great impact in business, communication, education, healthcare, etc. Today in the healthcare, medical research has become extremely advanced, and every disease seemingly has a cure or at least a prevention; it has advanced with theRead MoreEssay On Say No To Gmos1303 Words   |  6 Pages Say no to GMOs For years through genetic modification biotech companies have been transferring genes from one species to another. Genetic Modification strays far from traditional animal and plant breeding. GMOs have helped the production of agricultural products but have ruined the environment in the process. GM seeds are pricier than regular seeds, not sterile and have a hefty patent. Genetically modified organisms should be banned by the FDA because they allow big agriculture and biotech companiesRead MoreLabeling Of Genetically Modified Foods Essay2006 Words   |  9 Pagescutting-edge biotechnology. They believe that this new kind of foods are safe, even there is not many evidences to support their opinion, or imagination. For me, it is madness that to try to send people food which even themselves don’t know much. We must keep those GM foods away from our plate until we know what it is and decide to take the risk. â€Å"Genetically modification (GM), genetic manipulation (GM) and genetic engineering (GE) all refer to the same thing: the use of modern biotechnology techniquesRead MoreGenetic Engineering ( Genetic Modification )991 Words   |  4 PagesRevised HOMEWORK 1 (a) Genetic engineering (genetic modification) is a process by which an organism’s genome can be modified using various biotechnology techniques. The process involves manipulating the DNA of an organism or transferring genes into an organism to create a new and improved version. DNA sequences of certain organisms are inserted into different organisms or within the same organism to help us obtain favorable outcomes. Genetic engineering can be used to increase the disease resistanceRead MorePsycholoy Me Jou1621 Words   |  7 Pagesbeyond obvious dichotomies and really tries to think about the issue from a balanced, more subtle perspective/clearly engages ideas from the readings in a way that shows depth of analysis and sustained thought/is aware of alternative answers to the same question and incorporates some of that into one’s own perspective/etc... Type I entries will receive a 0.5 (or 0 if plagiarized) Type II entries will receive the full point for that entry Some Example Entries: Type II journal entry exampleRead MoreGmos Are Not Safe For Human Consumption1555 Words   |  7 PagesWhen it comes to the topic of whether genetic modification are safe or unsafe for the animals, the environment and for human consumption, some of us will readily agree that they are in fact very dangerous for everyone. Where this agreement usually ends, however, is on the question of how exactly they affect everyone. Whereas some are convinced that GMOs are not safe for anyone, others maintain that they are not a hazard to anyone. I agree that GMOs are not safe because while doing my research I foundRead MoreBenefits Of Genetically Modified Food967 Words   |  4 Pagesmade using organisms that were genetically modified as well. What the engineers do is take certain traits that they like from each crop and transfer them to another to get their desired food. There is a company called Arctic Apples which uses biotechnology to identify certain genes that, when mixed with polyphenolic s, turns the apples brown. When they identify it, they remove the genes that cause it and the apples don’t go brown. This is one of many genetically modified foods available. Another usage

Nurses Association s Code Of Ethics For Nurses And Scope...

Describe a time when you witnessed an effective advocacy on behalf of a patient or population. The American Nurses Association’s Code of Ethics for Nurses and Scope and Standards of Nursing Practice clearly delineate nurses’ principled and expert obligation for maintaining the well-being and privileges of their patients. To advocate for someone means using one’s position to encourage, defend, or declare the rights and interests of others. Nurses have asserted patient advocacy as essential to nursing practice. (Zolnierek, 2012, p. 1) One of many collaborative event witnessed, was when an elderly was found crying in her room. The patient explained that she was on a fixed income (social security) and would not have the ability to pay for her medications and purchase food too. The medical doctor was informed of the dilemma. The physician made contact with the case manager and informed her of the situation. The social worker contacted the pharmacy department to ascertain what programs that the organization offer to provide the patient with her medication free of charge. Pharmacy department informed the case manager about the leapt program, and direct the case manager on how to complete the application. Once the application was completed, the patient was able to receive three months of the medication prior to being discharge. Not only was the patient given her medication, but the case manager called the local food bank and had food delivered to the patient’s home. 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One of the important characteristics of any profession is the accurate educational preparation which can beRead MoreWhy Virginia Henderson Was One Of The Most Popular Nurses1596 Words   |  7 PagesHenderson was one of the most popular nurses in the XX century. Henderson’s theory postulates that the patient has needs that are the same for all people. Fundamental needs are formulated by W. Henderson in the spirit of the Maslow s pyramid. The source of the patient s problems is the inability to meet one or more of the fundamental needs (Henderson, 2000). The priority task of the sister is to help the patient in solving these problems. The focus of the sister s intervention is the mechanisms forRead MoreNvt2 Task 12266 Words   |  10 Pages The nurse in the case study is faced with an ethical and professional, dilemma. How can she be an advocate for her patient Mr. E? 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