Atlantic Slave Trade: Social and Cultural Impact on the Society Essay

In The Atlantic Slave Trade Herbert Klein attempts to go into great detail of the inner workings of the slave trade: how it came to be, the parties involved, as well as the social and cultural impacts it had on the society. When thinking of the slave trade previous to this class, I would think to myself how low we as a humanity once became, and how many of African Americans were exploited to this awful set of events. After reading the book, those same thoughts still remained, however, due to Klein my understanding of the knowledge gave me greater insight into how complex the slave trade really was. How Portugal was one of the leaders in the slave trade, how countries turned against each other, and how much of the world was involved in this horrific set of events were all news to me while reading. Because of this complexity, no matter how clear the author was, the multitudes of information seemed to overwhelm me through my reading. Herbert Klein organized the book in a way that made all the information very precise, however, with all the numerical data I had a hard time keeping track. â€Å"The Chesapeake became the primary tobacco producer for the world, exporting 38 million pounds by 1700 †¦ holding some 145,000 slaves by 1750 †¦ absorbed 40,000 slaves by midcentury. By 1790 there were an impressive 698,000 slaves†¦Ã¢â‚¬  (44). This was all in the matter of a couple of sentences, for myself I could never retain the information that was provided in the first sentence. This quote does however go into precise figures, and is actually well laid out as a whole. Without having a deep prior knowledge though, it is very difficult to follow the what’s all going on. If someone was to read this with prior knowledge of the subject, I’m sure they could weed out a lot of the information and take away more from the book. This book is definitely not for some general educated reader to pickup. It requires a decent understanding of the geography, slight prior knowledge of the subject, as well as the full interest into the subject. â€Å"The first region encountered by the Portuguese as they rounded Cape Bojador and arrived in the western Sudan just south of the Sahara, was the area called Senegambia, which took its name from the Senegal and Gambia Rivers, its two most prominent features† (60). This quote proves as an example, and a simple one at that, that one must know at least where everything is to fully gather the information that is provided in Klein’s book. Without it, one may surely get lost in the reading. Even if a specialist were to read the book, I feel that due to how compact the book is, that they may get lost while reading as well. I don’t feel as though one could read through the book just once and honestly say, â€Å"I understood the majority of the information thro ughout the book,† without getting lost somewhere in the book. Entering this project, nothing really interested me while looking at the end â€Å"Selected Sources† of each chapter. Slavery was the only thing that seemed remotely interesting, not only because it’s such a huge part of history, but also because I didn’t know much about it. I had no clue that so many countries were so directly involved in this business of sorts, that Portugal was the origin of the slave trade, and that the power’s shifted so much in this horrific tragedy that happened in the new world. The book has increased my knowledge of the events that happened during the slave trade, but not necessarily my interest. I never found myself deeply engaged in the book unfortunately, and I found that surprising. I still strongly believe that the slave trade was wrong, but I have neither gained, nor lost interest in it. The importance of the subject is made clear with all the information inside of it. I may not understand every detail as they are going through, but the way the book is organized in a way where the importance of the subject is definitely shown. The importance of the book is to show us readers what the Atlantic Slave trade was all about. The chapter titles, and the information that is reflected in each chapter really shows this. Chapter titles beginning with â€Å"Slavery in Western Development,† and ending with, â€Å"The End of the Slave Trade,† really show how the author wanted to really concentrate on the bigger picture, rather than one specific moment in the Atlantic Slave Trade. Throughout the book, I don’t believe there were any major inconsistencies. I actually felt that Klein went deeper, and was most precise in his book. â€Å"If the slave trade was profitable and the Africans were put to productive use in the Americas, then why did Europeans begin to attack the trade at the end of the eighteenth century and systemically terminate the participation of every European metropolis and American colony or republic in the nineteenth century?† (188). Klein frequently used this strategy of posing a question at the beginning of the chapter, and then answering the same question throughout the rest of the chapter. Using this strategy, any inconsistencies were very infrequent, if none at all. All in all, there wouldn’t be anything in the book that I would need explained more, the author presented the question himself, and provided enough information where I felt he answered the question, and more. Because of how tough this book was to read for myself I probably wouldn’t recommend it to someone who wanted to just read a book. If someone was interested in learning the intricacies, and the numerical data that came along with the Atlantic Slave Trade I would definitely recommend this one. It’s just one of those books that if you don’t have the want, or motivation to read it, then it won’t be enjoyable, and you’ll likely become lost in the plethora of information the book presents.

How does Dickens present the poor and poverty in A Christmas Carol?

In the novel A Christmas Carol Dickens shows that there is much poor and poverty going on in the world. In the novel a families are exposed of going through poverty and being poor, Bob Cratchit and his wife and Tiny Tim and his other children, Bob Cratchit is a man who works for Mr Scrooge. He has a small family who depend on the income he gets from Mr Scrooge. This is already showing the readers that if Mr Scrooge did not pay him his earnings then Bob would be in trouble with his family. How will he manage to feed them?. Even though this family is poor, they seem to be in high spirits at all times. Bob's family are all depending on Mr Scrooge to pay him if not then they will not continue to exist. Showing the readers this family is very unfortunate to not have as much money as Mr Scrooge has. This shows that the Cratchits may not be as happier as they are now if they had no money at all, Yet going through poverty does not stop tiny Tim from praying to god â€Å"to help them all†. Fred, Scrooges nephew seems to be happy enough with the money he has and comes to share his happiness with Mr Scrooge but he neglects Fred's offer to have dinner at his home. Fred who had married a lady who was not as rich as Mr Scrooge was happy despite the lack of money he is determined to celebrate Christmas. He is always glad and joyful regardless of how much money he has. Men and women â€Å"should open their shut up hearts freely†, Even if you opened your heart freely what if money was stopping you? You have all the money you could ever wish for, yet your still not as happy as other are? Fred does not worry about what you think money can bring. Open your heart freely. Mr Scrooge shows not feeling but seems to be in a bad temper at all times even though he has more money than he needs. Fred shows he is better off without all the money that Mr Scrooge has, he has his wife, his family his friends even though he is going through poverty and Dickens is showing this by making Fred go round to his uncles work and invite him to his Christmas dinner and is ignored by Mr Scrooge by calling Christmas a â€Å"Humbug†, He is showing that even though you may be poor and are going through poverty there should be nobody to stop you from being in a excellent mood. Fezziwig, another business man just like Mr Scrooge has many more people and families who depend on him and rely on him to keep them alive with his money. Fezziwig is seen giving all his workers a day off and smiling and laughing away with them, Scrooge seems to think why Fezziwig will do such a thing (Spend so much money for his workers). Although Fezziwig is rich and has his family and friends with him he spends some of his money on his workers this expands the happiness he already has, and also makes his workers cheerful in the season of Christmas. Mr Scrooge seems to think that what Fezziwig is doing is also a â€Å"humbug† he cannot come to terms with the fact that sharing is caring. Fezziwig is better off giving money to the poor and being happy unlike Scrooge who has so much money but does not share at all he dislikes wasting money he dislikes spending his money altogether. Dickens is trying to show the readers that even having to be poor and going through tough times with getting to have a shelter and leaving in a place your family can sleep well, being happy about Christmas and the more merrier you are the more merrier your Christmas will be. The readers can tell that Scrooge is very different from Fezziwig the two differences that they have is that Scrooge hates spending his money, even though he is rich he is miserable rotting away in his work place and in his house on his own. Whereas Fezziwig is as rich as Scrooge, he spends a modest amount of money to make the life of his workers a little more enjoyable. What Dickens is trying to show the reader is that Scrooge is the type of person who is greedy at first and will want to keep his money to himself and all his thoughts and feelings kept inside himself. His character has formed for his past. Scrooge was a lonely boy and then as a young man he was employed by a kind and giving man. All the same, Ebenezer had magnificent ambitions. He also wanted to earn as much as he could ever get and this is what had distorted Scrooges personality as well as himself. His fear of having to lose all his money and Business, has changed his social life, and his personal life, it's affected him mentally and physically. He has neglected his friends and his family, he also seems to disregard himself and forget how he is, forgetting his health and well being for his money. This fear of poverty has taken over his life and changed him. Dickens is trying to show us that poverty is something very powerful, having no home or money could change the way you think of money completely you may steal to get money or even beg, but before when you did have the money you had taken it for granted. So once you have lost all of the money you once had you may want it back again and will do anything to gain it back. Dickens as a child had also gone through poverty as he used to work in a workhouse in his early ages, poverty was a great inspiration for Dickens to create A Christmas Carol as it shows so much that people may not understand, Charles Dickens is trying to show us how a Christmas should be spent without al the grief but full of joy and happiness. Dickens experience of poverty had also changed his way of thinking and has made him realise that poverty possibly will affect some ones family and their own self in a bad way. Just before his father's arrest, the 12-year-old Dickens had begun working ten-hour days at Warren's Blacking Warehouse. He earned six shillings a week pasting labels on jars of thick shoe polish. This money paid for his lodgings with Mrs. Roylance and helped support his family, So Dickens knows how Bob Cratchit will feel about his family being dependent on him for the money he earns for Scrooge. At this time there was a lot of poverty in London and it was not unusual for such a story as A Christmas Carol to occur. Transformation The transformation that took place had changed the way that scrooge used to think about Christmas, He was at first a very lonely and miserable old man, who used to keep everything to him self, his feelings were never expressed and by no means ever smiled. Scrooge is very touched by the visions that the ghost of Christmas past shows him; his transformation begins. He remembers the feelings he had for the love of his life, but he had left her for his business and his wealth. The scenes he had seen were appalling and he had realised that he could steer clear of ending his life in misery. He had seen the consequences of his actions, and stirred away from them. In the novel A Christmas Carol Dickens links Scrooge to `bad weather` on page 12 Dickens metaphorically describes Scrooge, â€Å"No Warmth could warm, no wintry weather chill him. No wind that blew was bitterer than he.† â€Å"The heaviest rain, and snow, and hail, and sleet could boast of the advantage over him in only one respect. They often `came down` handsomely, and scrooge never did.† Dickens had described Scrooge as being so â€Å"cold† that the heaviest rain and coldest weather were better off than him. He is compared to his nephew Fred who with such a uncle, who comes from such bad weather; â€Å"he was all in a glow; his face was ruddy and handsome; his eyes sparkled, and his breath smoked again.† This is showing us that Fred is a much happier person than scrooge. And even though he is from the same background as Scrooge, he is a completely different person to scrooge. Dickens is trying to show us that Scrooge and Fred have a complete contrast between them. Fred is â€Å"Warm† and Scrooge is â€Å"Cold†, As soon as Fred has entered the room the atmosphere had changed; from cold to warm, showing us how cold Scrooge really is. Furthermore Dickens shows Scrooge how the industrial revolution had changed London and the affect it had on the poor people. On Page 77 the phantom later takes Scrooge to an â€Å"obscure part of town, where Scrooge had never penetrated before, Although he recognised its situation and its bad repute.† Being so rich Scrooge had never stepped into the bad parts of town, which because of them that part of town was in that bad state The onset of the Industrial Revolution marked a major turning point in human society; and these poor people who had no jobs and no money had to stay at the dark parts of town which was in a bad condition. The industrial revolution had introduced many new things which had rapidly changed the whole world.

Mutual Fund in India

Master of Science in Management Specialization in Banking & Finance Research Methodology & Decision Analysis for Business (RMDAB) Assignment 2 Literature Review TOPIC: MUTUAL INVESTMENT FUNDS IN INDIA Student Name: Sangawar Pratik Shankar Batch: MFBD51217A FIN: G1190040U Table of Contents: 1. Background†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 3 2. Literature Review on Mutual Investment Funds†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Pg. 7 3. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 21 4. References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg. 23 Background a)Introduction The Four Basic Components on which Indian financi al system is based on are Financial Market, Financial Institutions, Financial Service and Financial Instrument. One of the most important components of Financial Instrument is Mutual Investment Fund (mutual fund). (Jaspal Singh, 2004) (Mason Dave, 1999) â€Å"A mutual fund is a pool of money contributed by numerous investors, the capital gathered is invested to buy a hefty portfolio of securities† There are essentially three categories of mutual funds i. e.Money Market, Fixed Income and Stocks within each category there are variety of funds. (Mason Dave, 1999) An investment company is a body with trained portfolio managers as investment experts, they pool up the investors’ small capitals or funds for the reason of bankroll in securities. The most well-known form of Investment organisation is the open-end management association. The Other type of investment funds are closed-end funds, exchange-traded funds, business development organizations and unit investment trusts. (Jaspal Singh, 2004)The all above mentioned are civil funds the reason for that is, their share are publicly issued to investors and thus the funds and their shares are requisite to be registered with the Security Exchange Board of India (SEBI). Investment organisation/association that are secretly tender and issue their shares to investors/buyers are called private or hedge funds. The mutual or investment funds industry was started in early 1960’s with the configuration of Unit Trust of India, as an inventiveness of the Government of India and Reserve Bank of India. Jaspal Singh, 2004) Mutual fund is said to be investment as subject to market risk. As the capital is invested in the stock market to earn profits in terms of dividends, bonus shares of company, trading-buying and selling on higher prices. A common investor may not have adequate knowledge of the share market and the technical terms of the investment as how to create a good capital portfolio, which helps an invest or to play safe in the market.Now this situation of lack of investment knowledge creates an demand for mutual investment fund in mutual investment funds many small investor come together with their minor investment capital or funds and deposit it to a mutual fund investment company, organization or bank which acts as there agents or can be said as representatives in the stock market and for that service they take commission whenever the trading or buying or selling of shares is done, the commission may vary as per the investment companies. Amporn Soongswang, 2011) Mutual fund is the pool of invested money it based on the investment company which invests the savings of an amount of investors here the investors share a common financial objective, it in the ways of capital appreciation and earning incomes in the form of dividends. The funds are collected from the investors by the investment company and invested into capital markets instruments such as shares, debentures and overseas ma rket. Investors invest money and get the units as per the Net Asset Value (NAV).NAV is the current value of the money in the financial market or it can be explained as the present value of the fund in the financial market. (Bello, 2009) As mentioned that Mutual fund is the appropriate investment mode for the common man or the ordinary investor as it offers an investment prospect to invest in diversified portfolio management, high-quality research panel, proficiently manage Indian stock as well as the foreign market, the most important objective of the fund manager is to give the investor the safest investment and a balanced capital portfolio to play safe with maximum returns with good capital appreciation.The fund manager should also look after the trading of the stock i. e. buying and selling of stock or shares and through this the fund manager should generate revenue for the investor and should be able to give fair returns to the investors. (Dave, 1992) This helps the investment c ompany to keep up their promise of profit generation and maximization through mutual funds and it can be done through good diversification of capital portfolio. (Patzelt, 2009) (b)Brief History of Mutual Investment FundMutual Investment as per the dates support was started in 19th century it was introduced in Europe, in exacting, Great Britain. Robert Fleming was the person to set up the first investment trust called Foreign and colonial investment trust as per the records it was in 1868. The Foreign and colonial investment trust and other investment which had their located in Britain and the U. S. , are known as close-ended mutual funds today. Massachusetts investor’s trust was the first trust in the U. S. , it was established in March 1924 it was an open-ended mutual fund. Ramola, 1992) Innovation in the products and services of financial market improved the popularity of mutual investment funds in 1950s and 1960s. The first global stock mutual investment fund was introduce d in the U. S in year 1940. This financial market or can called as finance industry witnessed substantial growth in the 1980s and 1990s. In present the mutual funds are major source of ‘safe’ investment and it is a very successful product of financial market. (Ramola, 1992) Literature ReviewTHE EMERGENCE OF mutual funds was the outcome of the requirement to assemble small savings of domestic sector and to channelize it for productive measures through stock market or can be said as financial market. In the early stage of industrial revolution which was in early 1970’s in India, the deposits with the banks and other financial institution lost their importance with the growth of capital market and the declining interest rates. The new investors or small investor demonstrating their risk adverse nature shifted from less rollback bank deposits and low fluidic investment like LIC, Provident Fund and Pension Funds etc. owards fluidic, momentary investments like units, s hares, and debentures. (Bhapkar, 2007) However, an boilerplate or common investor is scared of fundamental market and hence cannot take decision or can be said as no path to walk on or no way can be seen, the condition was not at all decision making for investment, for small or average investor as, in which security to make the investment and when to make investment. This as a conclusion led to the advancement of mutual funds/bond funds in Indian financial industries.As mentioned above that in early 1970’s it was an start of industrial revolution in India and in that period of time there was high industries setting up in India and it created a high requirement of funds, so as the reaction of this action was public issue of for gathering of capital, but the amount which was collected was in bulk or we can say that investment which was asked by the companies or industries was a huge amount in this situation the small investors was not able to invest and enjoy the ownership and were also not having the knowledge of investment, so as to overcome this problem the mutual funds came into introduction, and the financial institution such as bank, mutual fund investment companies came to represent the investors in the market and help them invest into correct or good company. (Furfine, 2001) Here in Mutual Fund Company the funds were gathered from small investors and pool up capital and make a huge or bulk of capital and in exchange they were given NAV â€Å"Definition of ‘Net Asset Value – NAV' A mutual fund's price per share or exchange-traded fund's (ETF) per-share value. In one and the other cases, the per-share dollar amount of the capital is determined by segmented the total value of all the securities in its portfolio, less any liabilities/amenabilities, by the number of fund shares outstanding† . (Iqbal Mansur, 2010) Mutual funds units are investment vehicles that help new investors to take a ong ride through capital market, which is no t possible individually with small amount of investment. It provides a means of involvement in the financial market for investors who don’t have the time or perhaps the expertise to take direct investment decisions in equities successfully. (Dr. Rajesh Bahunguna, 2010) The basic need and objectives of the fund assembled by mutual funds in India has been on the exaggerated since their initiation in 1964 i. e. with introduction of US 64, the flagship scheme of UTI. A further it was in 1987 and 1989, when the investors. Distant, accumulating in measure with the objectives of distinct commercial policy of 1991, mutual fund market was open to the clandestine sectors in the country i. e. India. (Dr.Rajesh Bahunguna, 2010) Since 1993 the opening year of clandestine sector mutual funds, the investment inclination deviated more in favour the private sector funds. The swelling collection of mutual funds crossed Rs. 120000 billion (SGD $ 2666. 66 billion) marks in India by November, 200 2 with almost 59. 78% of the total investment going into private sector mutual investment funds. (Dr. Rajesh Bahunguna, 2010) The fact that the money so invested comes out of the hard earned savings of the investors apparently bring home the desired need of studying what the investors think about the mutual funds. It may also be mentioned here that less or small effort has been devoted or done by researchers in India to study the perceptions of investor towards mutual funds. Haugen, 1986) In the antecedent phase in India it was found that in general less knowledgeable mutual fund investors were found to be lacked in knowledge and were not autonomous in making fund investment decision making. Rather, they are the easily lured and motivated lot to get their investment made in any recommended mutual fund. Hence, to make this research meaningful, the focus is more on the educated and informed investors. Hence to invest in mutual funds the factor describes that investor’s preferen ce for mutual fund investment because of the professional expertise of fund managers which can be said as the representatives on behalf of investors and in return they commission as there fees. (F. A.Abeer, 2012) The risk exposure that has to be faced for directly investing in stock market obviates the need for professionally expert managers for managing investment in stock market. We can take one more explanation to get some more knowledge of mutual funds; the first category of Contribution Company was the entity trust, which was a fixed pool of securities that, conflicting a mutual fund was not intensely managed. The first unit trust was bringing about in England in 1868. In contrast to the entity investment trusts, these funds were awful leveraged and formularised in market performance and their amount collapse during the great stock market clash of 1929. Open end and closed funds that bought their capital managers the potential to convert the concealed structure of securities. I qbal Mansur, 2010) Mean while past years, closed-end investment organisation were another prevailing category of fund. A considerable aspect of this closed-end organisation was that they use leverage to play safe in the field. Closed-end organisation applied Leverage by allotting bonds and issuing shares in the financial market offering shares to the public. This helped to the company to raise funds that were used to purchase portfolio securities which were a very important part. The extensive aberration among a closed-end fund and an open-end fund is that the mainstay of an open-end fund stance equipped to regain shares while and are redeemable. Kirsch, 2011) As it becomes very flexible for choices of mutual funds as they are redeemable and irredeemable it depends upon the investor that in which form they feel safe and are willing to invest. Mutual Funds have such structure to endow with utmost benefits to the investors, and the authorised person in Investment Company which is the fund manager has research team to attain the objectives of the scheme. Mutual Fund Investment Company has different units of sector funds; the requirement of these units to achieve the maximum market return is proper planning for strategic investment. (William Fung, 2008) There should be a planned and unique diversification for the capital portfolio as per the market condition and investors or Investment Company’s resistance capacity.A planned portfolio helps to resist in the market as if the one part of the investment occurs loss the other stock or unit may bear it through generating profits and balance the situation, it is seen when the capital investment portfolio of the investor is very strong and well planned. For strong portfolio there should be professional Management here the fund manager should undergo throughout different research works and has adequate investment skills which promise high returns to the investor than what the investor can cope on his own. (Rainish Robert, 2002) Investment through mutual funds by a mutual fund investment company reduces risk factor, as the financial market is very dynamic in nature and requires high and accurate quality of analysis to generate good amount of return which very worth for an investor after taking such risk.Investing in mutual fund through an investment company diversifies the portfolio of securities yet with little investment in a mutual fund. The risk is diverted in a diversified portfolio than investing in just in 2 or 3 securities. (Palmiter, 2009) There are low transaction expenses due to the economies of scale (repayment of larger volumes), because of that reason mutual funds pay lesser transaction costs and the paybacks are passed to the investors. Mutual funds units have a great advantage of liquidity as in case an investor may not be capable to sell the shares hold by him effortlessly and swiftly, while units of mutual funds are more liquid to sell off and regain the invested capital as p er the current value.Mutual funds are said to be investor oriented as it gives investors a wide range of investment schemes with different investment objectives. Investor has the choice of investing in a scheme which provides him the association between its investment aims and desired financial goals. As every investor wants to get higher return but with that they have right to know that where the capital is invested, so for such course of action mutual funds provides investors with the latest updated information pertaining to the markets and the investment schemes in the financial markets. All required material is disclosed to the investor as per the requirement of the regulator. Shah, 2000) As mutual funds have liquidity, security, transparency, low transaction cost and fair returns, it makes it very flexible. Investor can also control their holdings from a debt scheme to equity scheme and vice-versa. There is alternative of organized investment and withdrawal at regular time inte rvals is also offered to investors in open-end schemes. As mutual fund industry is a regulatory, it has its rules and regulation it is an element of well synchronized investment environment in this environment the interests of the investors are confined by the supervisory body. All the transactions and funds are registered in up to date manner with SEBI and complete transparency is kept. (Dr.Rajesh Bahunguna, 2010) In spite of ample amount of positive terms there are some disadvantages of mutual funds such as the fund manager may always not be able to manage to generate profits he might create loss as the whole control is in hand of the fund manager as the capital is of the investor but there is no control of the investor on his own capital. The fund has its own strategy for investment to sell, to hold, to buy time period. The cost control is not in hand of the investor, investors are applicable to pay the investment management fees and also the fund allocation costs as a proportion of the capital value of his investment as long as the investor holds the funds or units it is irrespective of the performance of the fund in the financial market.The capital portfolio is decided by the fund manager and also the decision of the investment of securities is in hands of the fund manager here investor has no right to get in the way on the decision making procedure of the investment by the fund manager, which some of the investors find as disadvantage in achieving their financial objectives. (Furfine, 2001) As mutual fund offers a range of investment schemes, so the investors finds it difficult to select the one in which he invests his capital it because the investor is lacking in that knowledge that is the reason he is investing his money through mutual funds but still the investor has to take decision to choose the scheme for this, they may have to take advice of the financial planners in order to make safe investment and invest in the right fund to gain profits throug h the invested funds which the major objective of the investors and let their money bloom. (Cornaggia, 2009)It is mentioned by many authors that investment funds are one of the important institutions for investing capital in to the financial market which is along with many risks for various investors especially the new and inexperienced ones which are lacking in the market conditions knowledge or we can say investment knowledge. Mutual investment companies act as financial intermediaries for non-professional investors they also respond to the requirement of the investors by making different types of capital portfolios with different configurations of securities. Since the market conditions are very dynamic in nature as mentioned earlier, investors are lacking in experience or almost new to the financial industry and they do not have knowledge of the markets professional literature and culture of the stock. (F. A. Abeer, 2012)The financial market in very wide in nature of investment and has an insufficient financial tools for investment and further support of small investor rights in neither regular nor efficient, and investing directly in capital market without any professional’s advice is rather very risky to invest until and unless the investor is an professional himself or has an adequate knowledge of financial industry and other important financial tool thus forecasting and establishing financial intermediary associations such as mutual fund investment companies is important and should be done by the financial market custodians. (F. A. Abeer, 2012) There are some main characteristics of mutual funds which have to be kept in mind while investing and which are very useful for an investor even if the investor is investing through an investment company such as, the mutual investment funds are purchased or the capital is invested through fund or broker of the fund so in this case the investor cannot sell it in the secondary market to other buyers or inve stors.The price of mutual fund each unit is decided according to the net value of the asset of investment unit and additional of wages that are occurred at the time of purchase. The investment unit can return to the fund or the broker as the units are redeemable. The return price of the each unit is as per the current net value asset with deduction of the transaction fees. The buying and selling of units is and continues process and continue constantly. There are different types of mutual funds it is based on the different investment objectives along with the various amount of risk involved, investment expenses and the fluctuations of the unit fund. Garmhausen, 2012) There are some types of funds such as close end fund; some features of these funds are the investment companies having fixed capital and in spite of being redeeming stocks makes its trading in secondary market for investors and hence can traded in secondary market, here the investors are able to purchase the funds direc tly and solely. Units or stocks of closed end funds are not available in stock or financial market for selling continuously these funds is just issued at their stocks in Initial Public Offering (IPO) for selling and investors willing to invest in funds can buy or invest their capital at the time of IPO or issue made the company and then those shares can easily trade in the secondary stock markets, here the stock can be traded. (Glassman, 2004) After the issue or the IPO and the stock price designated in the market according to the market’s conditions and influence, because of this sign of action it can be lower or higher that the NAV of each unit or share.Basically closed end funds are divided based on their approaches, risks, return patterns, investment objectives and portfolios are separated to different types and as according to that they have various levels of risk, volatility and fees variances. There is another category of funds which is said to be Index funds it is par t of investment fund the most important feature of the index fund is the low cost, low tax and fees as compared to the other funds which are active in the financial market. The portfolio for the index funds is fixed, so they have lesser flexibility as compare to other funds. (Glassman, 2004) The major objective of the fund is to reach the return of the selected index such as National Stock Exchange (NSE) Index.There are some very important stock exchanges in India such as follows: Bombay stock exchange, Ahmedabad share and stock brokers association, Calcutta stock exchange association Ltd, Delhi stock exchange association Ltd, Madras stock exchange association Ltd, Indore stock brokers association Ltd, Bangalore stock exchange, Hyderabad stock exchange, Cochin stock exchange, Pune stock exchange, Uttar Pradesh stock exchange, Ludhiana stock exchange, Jaipur stock exchange Ltd, Gauhati stock exchange Ltd, Mangalore stock exchange, Maghad stock exchange Ltd, Patna, Bhuvaneshwar stock exchange association Ltd, Over the counter exchange of India, Bombay, Saurastra kuth stock exchange Ltd, Vsdodard stock exchange Ltd, Coimbatore stock exchange Ltd, The Meerut stock exchange, National stock exchange, Integrated stock exchange. (Dr. Rajesh Bahunguna, 2010) The mentioned are the stock exchanges of India but are driven by the major stock exchanges which are Bombay Stock Exchange (BSE) and National StockExchange (NSE) these are the major index setters in the market are the regulatory which governed them id the Security Exchange board of India (SEBI). Exchange Traded Fund is a type of fund which is also called as ETF; ETF shares are not sold directly to the individual investors the ETF shares are mostly issued in the stock exchange in big blocks which been called creating and issuing units, and then the offers are given to the institutional investors. The sales of ETF are in non cash way for issuing and creating units to institutional investors and investors bring in the ir portfolio instead of cash and their portfolio is mostly same as the fund portfolio.After the purchase of the large blocks of ETF units the institutional investors divide the large stock into smaller parts or units and then it is ready to trade in the secondary market and is offered to the individual investors. (Dr. Rajesh Bahunguna, 2010) Then after the trading in secondary market, individual investors have two ways to trade the ETF’s shares or funds which are selling the stock to the other willing investors or returning them to the institution. Returning shares is only possible at the creation stage, issuing units scale and in non-cash ways. In layman’s words, instead of cash money, investors are allotted with existing securities at the portfolio of the funds. (Dr.Rajesh Bahunguna, 2010) The two main features of Mutual Investment Fund are said to be management and high liquidity: -Outside management: As the nature of mutual investment fund is different from joint s tock company’s shares in one major issue, i. e. they are not managed by the inside management of the company. The important part of the Administrative and Operations of the mutual investment funds are done by the service providers from outside of the fund. There are some important fund operations and duties such as portfolio management, distribution of investment units, marketing and other activities which are directly affecting the service provider company; it uses existent specialty association’s facilities and abilities in the field of finance industry. The administrative and public expenses can be saved by outsourcing of main activities and small organizational core work. Klinger, 1992) -Variable capital and high liquidity: There is no fixed/closed capital for mutual investment fund and the difference in their capital is seen at the time of issue and redeeming investment units, while there are no limitations for buying and redeeming as they are continuous in nature and investors can always buy and sell the mutual fund investment units and can be freely traded. Here the investors holding the fund unit can redeem the entire or part of their investment holdings and can change it to liquid cash on the basis of the Net Asset Value (NAV) of the funds. (Klinger, 1992) – Daily pricing of investment units: There is daily pricing of the fund units as mentioned early that it depends upon the NAV of the fund.The daily NAV is the sum of the market value of the portfolio minus funds debt and divided by the total amount of units have purchased by the investor. – Professional Management: Involvement of professional investment consultant gives a feature of Professional Management; the consultant has done with comprehensive research and having abundant information of the market situation and conditions. This feature is very important for any service provider as the investors may not have adequate knowledge of the investment planning and making a strong capital portfolio and this feature also helps investors to get familiar with the mechanism of Stock Exchange system. Klinger, 1992) – Diversification of securities and risk management: As investing in different securities and assets reduces the influence of reduction of value of the investment, the mutual funds manage the risk factor by diversifying configuration of different companies in different industries securities and use an expert or professional for maintenance of capital portfolio. (Klinger, 1992) Mutual Funds Classification: Mutual funds have been divided into three main groups which are as follows- I. Mutual funds that invest in companies stock II. Mutual funds that invest in securities with fixed income III. Mutual funds that invest in the money market All types of Mutual funds have been placed in one of the three above-mentioned groups. Mutual Investment Funds have wide range of investment objectives and it can be classified from conservative to aggressive and offer wide range of options and flexibility of investment of the funds to investor. (Dr. Rajesh Bahunguna, 2010) Conclusion:The study focuses on mutual funds risks and advantages, the findings may not be appropriate for an investor to understand the condition but with the above research we can get a picture of mutual fund and the risks allotted with it. The outputs of the research will let the investors understand mutual funds and market better. With the help of the information a new investor can get a basic idea or can understand the concept of mutual fund, the above research also helps in exploring the risk factors of mutual funds. It also mentions the advantages of mutual funds which help investors to make good decision for investing their hard earned money and with they can play safe in the market and gain good profits.As the research of mutual fund is an continues process because the market condition are very dynamic in nature and continuously changing are they directly af fect the funds as it gives an direct impact on the funds the market conditions are need to be watched or observed very closely by the experts and investors as well. Market situation needs to be observing very closely to play safe in the market and help the investors to grow their funds and earn a fair income. India is a developing economy with many emerging industries and companies; the current situation in India today is that a common investor in general is found to be confused regarding his or her selection of investment in mutual investment funds it may be due to dynamic economy or various scheme that are available in the market, so the selection process becomes very important for investors that in which fund to invest in?The above study was trying to resolve the problem of investment decision with giving a brief introduction to the nature and characteristics of mutual investment funds and the finance industry. (Words-4,698) Bibliography/References Amporn Soongswang, Y. S. , 2011 . Equity Mutual Fund: Performances, Persistence and Fund Rankings. Journal of Knowledge Management, 1(6), pp. 11-76. Bello, Z. Y. , 2009. On The Predictability Of Mutual Fund Returns. Journal Of Business & Economic Stidies, 15(1), pp. 70-89. Bhapkar, R. , 2007. 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I have conducted the following investigation with the following research question in mind: How far do colorimetric readings agree with the results acquired through red-ox titration, a means of volumetric analysis, for the amount, in mg, of ascorbic acid in 100g of 3 different cultivars of Brassica oleracea obtained from a local supermarket? Background Information: Vitamin C Vitamin C or ascorbic acid is a water soluble vitamin that occurs naturally in citrus fruits, leafy vegetables, berries, tomatoes and several other plant sources. It has several beneficial properties that play an imperative role in our bodys internal chemistry and therefore consistent intake of this organic molecule is of the upmost importance. Vitamin Cs primary role involves helping in the production of collagen a key component in connective tissues such the ligaments, tendons, skin, bones, cartilage, and blood vessels. Along with its biological significance, Vitamin Cs unique structure has also made it chemically vital. Note: one could generalise and say that ascorbic acid and vitamin C are synonyms for each other; Vitamin C is in fact an L- enantiomer of ascorbic acid. An enantiomer is a compound whose molecular structure is not super imposable on its mirror image. The L signifies one of two forms of optical isomers, the second being D-form. Such specifications are irrelevant to this extended essay as the physical and chemical properties of two enantiomers of a chiral compound such as ascorbic acid are identical as long as they do not react with other optically active substances. Therefore for the purpose of simplifying this essay I have used the terms Vitamin C and ascorbic acid interchangeably. Vitamin C has an appearance ranging from a whitey to light yellowy powder. A typical molecule of this sugar-acid is composed of 6 carbon, 6 oxygen and 8 hydrogen atoms; this arrangement can be seen below: File:L-Ascorbic acid.svg Figure Ascorbic acid structure  [2]   http://upload.wikimedia.org/wikipedia/commons/d/da/L-ascorbic-acid-3D-balls.png Figure Ascorbic acid 3-D structure  [3]   Strictly speaking vitamin C is the enolic  [4]  form of 3-oxo-L-gulofuranolactone. Most enols are unstable and therefore are quickly de-protonated to form an enolate ion, shown in the centre of figure 1: http://wpcontent.answers.com/wikipedia/commons/thumb/5/5c/Ascorbic_acidity3.png/500px-Ascorbic_acidity3.png Figure Transfer of electron pairs in ascorbic acid  [5]   Figure Distribution of Electrons in enolate ion  [6]   In the case of vitamin C it can further lose a proton as shown on figure 1 to the adjacent double bond, in turn stabilising the enolate ion. The transfer of electrons between the hydroxyl and carbonyl groups and the existence of two resonance structures for the negative enolate ion are also characteristic of a vinylogous carboxylic acid.  [7]  It is important to note that vitamin C is a reducing agent (electron donor) and has a standard electrode potential of 0.08V. It is also water soluble because of the numerous hydroxyl groups that are found in its structure and can therefore form hydrogen bond with water molecules. Redox reactions For this investigation the effectiveness of colorimetry and titration will be explored by means of redox reactions in acidic media. This family of reactions is fundamentally concerned with the transferral of electrons between the species in a chemical system. Like acid-base reactions this family of reactions is antagonistic in nature, they occur in opposing pairs i.e. every reduction is accompanied by an oxidation reaction and vice versa. A Redox reaction is often characterised by the loss and subsequent gain in oxygen between two species in a system for example: Copper (II) oxide + Hydrogen = Copper + water CuO (s) + H2 (g) = Cu + H2O (g) In this case since copper oxide is losing oxygen, it is being reduced and subsequently one could say hydrogen is being oxidised into water due to the gain of oxygen. Similarly we could suggest that Hydrogen is the reducing agent as it takes oxygen away and copper oxide is the oxidizing agent since it gives away oxygen. Similarly a gain in hydrogen characterises a reduced species and a loss in hydrogen characterises an oxidised species. Yet not all redox reactions will involve oxygen, the reaction between sodium and chloride is redox in nature yet there are no molecules of oxygen involved. This gives a second set of definitions for redox reactions: If a species loses one or more electrons during a reaction it has been oxidised(oxidation), and if it gains electrons it has been reduced(reduction) A species removing electrons is an oxidising agent( species itself is reduced), and if a species donates electrons it is a reducing agent( species itself is oxidised) Note: In several chemical reactions the aforementioned transferral of electrons may never actually happen and because of this reason a more accurate description of oxidation is, an increase in the oxidation number of a species and therefore a reduction is defined as a decrease in the oxidation number of a species.  [8]   Redox reactions can be broken down into half equations to demonstrate the transferral: http://upload.wikimedia.org/wikipedia/commons/8/8c/Redox_Halves.png Figure Half equations  [9]   Experiment 1 Though colorimetry is being tested here, the principle reaction here is a redox reaction taking place between ascorbic acid and acidified Potassium permanganate. In its oxidised state Potassium permanganate (KMnO4) is a purple crystallised structure. Considering it is a very strong oxidising agent, acidified KMnO4 (aq) was used as the oxidising titrant in this red-ox titration. In an acidic environment  [10]  it readily oxidises ascorbic acid consequently being reduced to Manganese (II) ions from its Manganate (VII) oxidised state. Half equation: Through our experimentation it was found that generally speaking the red-ox reaction harbours a decrease in the intensity of the purple inclining me to believe that eventually the solution would become colourless as all Manganate ions would be transformed into Manganese ions. This colour change was detected as an increase in transmittance, for successive concentrations of ascorbic acid by a colorimeter set to 565nm  [11]  . This positive correlation is evident on the trend lines presented on graphs 2 and 3. Yet one must account for the so to say false drops in transmittance. The drop can be explained by the formation of MnO2 particles which give the solution a dark brownish colour: Eventually the MnO2 particles precipitate under the influence of the sulphuric acid, allowing for the trend to continue. This phenomenon is further explained in the appendix. One should also note the fact that MnO4 has a standard electrode potential of 1.51V and considering that vitamin C has a lower one there is sure to be an effective redox reaction. Sulphuric acid Sulphuric plays a more significant role than simply providing the acidic conditions for the relevant redox reactions. Ascorbic acid itself is a weak acid and therefore would undergo a neutralisation reaction if it were in a basic environment (a pH higher than 7). It would thereafter be oxidised and the resulting product dehydroascorbic acid, would undergo a hydrolysis reaction due to the alkalinity of the solution. The ester bonds in Vitamin C would consequently break thus the degradation of vitamin C:  [12]   vitamin C decomposition Figure Degradation of Vitamin C  [13]   Furthermore sulphuric acid helps delay the spontaneous oxidation of ascorbic acid brought about by atmospheric conditions by providing a protective layer. Colorimetry A colorimeter measures the colour intensity of a sample in terms of the red, blue, and green components of light reflected from the solution. The instrument operates on the basis of Beer-Lamberts law  [14]  which states that the absorption of light transmitted through a species is directly proportional to the concentration of that species. Effectively we are measuring what fraction of a beam of light passing through a sample reaches a detector on the other side of the sample. The coloured analyte (species being studied) may absorb photons in the beam of light thus reducing the number of photons in the beam of light leaving the solution. The number of photons detected gives a value of the % transmittance which is the independent variable in this part of the investigation. A calibrated chart for known concentrations of ascorbic acid vs. %Transmittance was made to help identify unknown concentrations of ascorbic acid in different assays with respect to measured %transmittances. Iodometry The redox reaction between iodine and ascorbic acid can be used to calculate the amount of ascorbic acid in the cultivars of Brassica oleracea. The pre-prepared solution was made on the basis of this reaction: KIO3 (aq) + 6 H+ (aq) + 5 I- (aq) â‚ ¬Ã‚  3 I2 (aq) + 3 H2O (l) + K+ (aq) As we can see iodine solution can be acquired through this reaction. The iodine is quickly reduced into its iodide ion in the presence of ascorbic acid. The ascorbic in turn is oxidised into dehydroascorbic acid: Figure oxidation of ascorbic acid  [15]   Once the ascorbic acid has all been oxidised, iodine will remain in excess. As the iodine molecules build up they will react with the iodine ions to form a blue-black complex with the starch, marking the end-point of the titration. These are the relevant redox half equations: I2 + Reduction half reaction for Iodine at a slightly acidic pH Oxidation half reaction for vitamin-C (C6H8O6) at a slightly acidic pH Final redox reaction : C6H8O6(aq) + I2(aq) C6H6O6(aq) + 2 I- (aq) + 2 H+(aq) (ascorbic acid) (dehydroascorbic acid) Preparing potassium permanganate (KMnO4) solution: Precisely fill a 1 litre Erlenmeyer flask with 600cm3 (600ml) of distilled water Measure out 4g of crushed potassium permanganate crystals, which are to be added into the Erlenmeyer flask containing the distilled water Swirl the solution until all the KMnO4 has dissolved and an intense purple solution has been formed. Preparing standardised solutions of ascorbate: Pipette 5ml of 1M sulphuric acid into each of the test-tubes Carefully Pour 100 ml of distilled water in each of the test-tubes and seal them with a bung Place all the test-tubes in some form of refrigerated unit to delay the ascorbic acid from being oxidised Calculating calibration chart: Set up your data logging equipment and set your colorimeter so that a a green LED light of wavelength 565nm is transmitted across cuvettes Pipette 3ml of distilled water into a fresh cuvette and calibrate the colorimeter to the transmittance through distilled water is a 100% Pour 30 ml of the pre-prepared potassium permanganate solution into a 200 ml beaker containing 50 ml of distilled water Pipette 3ml of the 30ml KMnO4 (aq) into two fresh cuvettes Place these cuvettes one after another into the colorimeter Measure the transmittances for 12 seconds and record them as trial 1 and 2 for the transmittance for when no ascorbic acid is present Thoroughly clean and dry the 200ml beaker and thereafter carefully pour into it, 30ml of the pre-prepared potassium permanganate solution Remove test-tube 1 (containing 0.009 grams of ascorbic acid) and pour the contents into the 200ml beaker containing KMnO4 (aq) After allowing the acidified red-ox reaction to continue for 5 minutes pipette 3ml of the product twice into two different cuvettes Place the cuvettes one after the other into the colorimeter, set to wavelength 565nm, and record the respective transmittances for test tube 1 as trial 1 and 2 Repeat steps 14-17 for each test-tube thus retaining transmittance values for all the different quantities of ascorbic acid Plot a suitable calibration chart for the average of the two trials of each sample Extracting Vitamin C from cultivars of Brassica oleracea: Collect the necessary apparatus and clean it Set a hot plate to 50 degrees centigrade and place a beaker with 100 ml water and a thermometer on it Measure out 100g of Cabbage and place them in a beaker Once the water has reached 50 degrees remove the beaker of water from the hot plate and switch it with the beaker of leaves Leaves the leaves on the hot plate for 5 minutes to slow down the action of ascorbic acid oxidase Cut the sample of cabbage as much as possible to facilitate the grinding Note: Try to perform neat cuts so as to not release too much ascorbic acid oxidase which would obscure the results Add 5ml (as with the standardised solutions) of sulphuric acid to the leaves, add some sand to help make the grinding of the leaves easier Grind the mixture using a mortar and pester until an homogenate state is achieved ( you may add 10 ml of water to help achieve the homogenate state faster but this could obscure your results considering vitamin C is water soluble and it must be added before adding the acid) The homogenate mixture produced can now be filtered through the Mira cloth into a 200ml measuring beaker as shown in Appendix To attain maximum yield you may squeeze the Mira cloth to squeeze out any remaining fluid into the measuring cylinder, yet ensure that you have precisely 50 ml of the filtered liquid present in the measuring cylinder Note: ensure that 50 ml is present in each of the measuring cylinders regardless of the source Precisely dilute the filtrate to a 100 ml, seal the beaker and refrigerate it Steps 20- 30 will have to repeated for each cultivar so that you will end up with 3 beakers, each with an equal volume of the respective vegetable filtrate solution Analysing cultivars for Vitamin C: Repeat steps 8 and 9 Pour 30ml of the aqueous potassium permanganate into a 200ml beaker Remove the cabbage filtrate from the fridge and pour it into the 200ml beaker containing KMnO4(aq) Allow the reaction to proceed for 5 minutes Pipette 3ml of this mixture twice, into two different cuvettes Place the cuvettes one after another into the colorimeter that had been calibrated Record the transmittance for both cultivar solution for 12 seconds and record the results as trial 1 and 2 Repeat steps 33-38 for each cultivar Carrying out the Red-ox titration Titrate pre-prepared iodine solution against samples of ascorbic acid extracted from each vegetable: Make new samples of cultivar filtrate as outlined by steps 20 31 Add the 100 ml of the cabbage filtrate solution with the unknown concentration of ascorbic acid, to a 150 ml Erlenmeyer flask Carefully Titrate  [16]  the pre-prepared iodine solution  [17]  to this analyte drop by drop until the end point, a bluish-black colour that persists after 30 seconds of swirling, is reached Repeat this experiment at least thrice; to obtain three different measurement that should agree with each other within 0.1 ml average the three results obtained Steps 40 to 44 have to be repeated for every cultivar filtrate Record all your results Table 18 Averages for all trials and final average No of moles of AA present in 100ml of aqueous potassium permanganate Average % transmittance recorded by colorimeter in trial 1 (+/- 0.01%) Average % transmittance recorded by colorimeter in trial 2 (+/- 0.01%) Average % transmittance of trials 1 and 2 -used for calibration chart (+/- 0.01%) Cultivar of Brassica oleracea Average % transmittance recorded by colorimeter in trial 1 Average % transmittance recorded by colorimeter in trial 2 Average % transmittance of trials 1 and 2 used for calibration chart Estimation for Mg of ascorbic acid in 100g of Broccoli: Number of moles = 0.00048 moles Concentration of ascorbic acid = 0.0048 mol dm-3 (L-1) Number of moles = Concentration Volume Number of moles = 0.0048 0.1 = 0.00048 moles Thus both graphs show same data, I shall use transmittance vs. Moles graph from now on as this way it is quicker to calculate the mass of ascorbic acid per 100g of the relevant cultivar of Brassica oleracea. Number of moles = 0.00048 moles Mass = Number of moles Mass of one moles (Mr) Mass = 0.00048 176.12 =0.08454 g/100ml =0.08454 g/100g =84.54mg of AA in 100g of broccoli (+/- 1.04%) Estimation for Mg of ascorbic acid in 100g of Cauliflower: Number of moles = 0.00023 moles Mass = Number of moles Mass of one moles (Mr) Mass = 0.00023 176.12 = 0.04051 g/100ml = 0.04051 g/100g = 40.51mg of AA in 100g of cauliflower (+/- 2.17%) Estimation for Mg of ascorbic acid in 100g of Cabbage: Number of moles = 0.00014 moles Mass = Number of moles Mass of one moles (Mr) Mass = 0.00014 176.12 = 0.02466 g/100ml = 0.02466 g/100g (+/- 3.57%) = 24.66mg of AA in 100g of cabbage Amount of iodine solution titrated into Broccoli cultivar before end-point is reached (+/- 0.05ml) Amount of iodine solution titrated into Cauliflower cultivar before end-point is reached (+/- 0.05ml) Amount of iodine solution titrated into Cabbage cultivar before end-point is reached (+/- 0.05ml) Trial 1 49.00 28.00 21.00 Trial 2 51.00 25.00 16.00 Trial 3 50.00 28.00 20.00 Averages 50.00 27.00 19.00 Facts to bear: Molar ratio of iodine to ascorbic acid is 1:1; ascorbic acid + I2 à ¢Ã¢â‚¬  Ã¢â‚¬â„¢ 2 Ià ¢Ã‹â€ Ã¢â‚¬â„¢ + dehydroascorbic acid Concentration of iodine solution is 0.01 mol L-1 Mr of Ascorbic acid for the purpose of this experiment is rounded to 176.12 g mol-1 It is assumed that 100 ml = 100g End point is where blue colour persists for more than 30 seconds Broccoli: On average 50 ml of iodine was used until end point reached No of moles = Volume concentration No. Of moles of iodine used = 0.050 0.010 = 5.0 10-4moles of iodine solution used Since ratio is iodine to ascorbic acid is 1:1 number of moles of ascorbic acid present in solution is equal to iodine used in titration. Number of moles of ascorbic acid present in 100 ml solution of broccoli juice = 5 10-4moles Mass = Number of moles Mr Mass of ascorbic acid present in 100 ml of broccoli juice solution = 5 10-4moles 176.12 = 0.08806g/ 100ml = 88.06 mg of AA in 100g of broccoli(+/- 0.10%) Cauliflower: On average 27 ml of iodine was used until end point reached No of moles = Volume concentration No. Of moles of iodine used = 0.027 0.010 = 2.7 10-4moles of iodine solution used Mass = Number of moles Mr Mass of ascorbic acid present in 100 ml of cauliflower juice solution = 2.7 10-4moles 176.12 = 0.04755g/ 100ml = 47.55 mg of AA in 100g of cauliflower (+/-0.19%) Cabbage: On average 19 ml of iodine was used until end point reached No of moles = Volume concentration No. Of moles of iodine used = 0.019 0.010 = 1.9 10-4moles of iodine solution used Mass = Number of moles Mr Mass of ascorbic acid present in 100 ml of cabbage juice solution = 1.9 10-4moles 176.12 = 0.03346g/100ml = 33.46 mg of AA in 100g of cabbage (+/-0.26%) Concluding Investigation The point of this investigation was to explore the following research question: How far do colorimetric readings agree with the results acquired through red-ox titration, a means of volumetric analysis, for the amount, in mg, of ascorbic acid in 100g of 3 different cultivars of Brassica oleracea obtained from a local supermarket? Before assessing the proximity of the two sets of results obtained, I have provided a set of literature values to help determine not only the accuracy of each individual experiment but also to eventually determine which of the two procedure delivered more promising results. Value of ascorbate in 100g of raw cabbage: 36.60 mg (20% refuse)  [18]   Value of ascorbate in 100g of raw broccoli: 89.20 mg (39% refuse)  [19]   Value of ascorbate in 100g of raw cauliflower: 48.20 mg (61% refuse)  [20]   Surprisingly the experimental values for both experiments werent too far from the literature values provided above. Through colorimetry means it was found that 24.66 mg of ascorbic acid was to be found in the 100 gram assay of cabbage. As for the results obtained through iodometry it was found that the 100 g sample of cabbage consisted of 33.46mg. From the data collected it is evident that the iodometric means of analysis was more effective in determining ascorbate amount in cabbage as it returned a value that was 91.42% of the literature value whereas the colorimetry means returned a value that was 67.38% of the literature value. More significantly the error percentage concerning the cabbage was relatively lower for the iodometric titration than the error percentage for the Colorimetry based values, +/-0.26% and +/-3.57% respectively. The two aforementioned trends; difference between literature and experimental values and error percentage was similarly evident for both the other cul tivars. Iodometry returned a value of 47.55mg/100g of cauliflower assay with an error percentage of +/- 0.19% and by means of colorimetry a lower value of 40.51mg/100g was obtained with a higher error percentage of +/- 2.17%. Finally the broccoli assay too returned values that fit the aforementioned trend. The experimental values derived through colorimetry suggested a typical 100g assay of broccoli contains 84.54 mg of ascorbate with an error percentage of +/-1.04%. The Iodometric experiment returned a value in close proximity to the literature value; the results suggested that a typical 100g assay of broccoli may contain 88.06mg of ascorbic acid with a minimal error percentage of 0.10%. Through the data provided above one could superficially suggest that the redox titration involving iodine and ascorbic acid has much better served the purpose of determining ascorbic acid quantities in the cultivars of Brassica oleracea than using colorimetry to track the redox reaction between KMnO4 and ascorbic acid. Though this seems to be the case it is important to highlight the factors that could have affected the reliability of both experiments. The following variables were controlled: Source of cultivars Amount of cultivar in each assay Equal amounts of sulphuric acid used in all assays All assays were equally heated The results of two separate redox reaction was being measured in both experiments The means of extracting vitamin C out of the cultivars Yet it was not possible to control all the variables. One should primarily note how vitamin C is not equally displaced throughout a species of vegetable or fruit or any other source. Therefore the conjecture stated above about reliability of both the investigations holds true only if the following is assumed; vitamin C is equally present throughout all the cultivars of Brassica oleracea used. Practically speaking this was not the case as the iodometry experiment was carried out before the colorimetry thus leaving the cultivars more exposed to atmospheric oxidation thus in general there would be less ascorbic acid in the samples of cultivar mixed with KMnO4 than in the samples upon which iodine was titrated on. Furthermore the quantities of refuse with our experiments were inconsistent unlike that of the generalised literature values, though not calculated it was evident that our primitive school based techniques led to much more refuse than the stated amounts of the literature values . This applies foremostly to the cabbage, from which it was the hardest to retain an assay from and thus had a refuse of much higher than 20%. Inconsistent refuses wouldve have meant that the ascorbic acid extracted is not representative of the full 100g assay. One should also take account of the fact that atmospheric oxidation is inconsistent and irregular, because the experiments lasted over days. This could explain the lower values obtained for the longer lasting colorimetry investigation. The length of this investigation means that the sample solutions of vitamin C used to create the calibrated graph were sure to have lost vitamin C, despite being placed in a fridge; this questions the reliability of our calibrated graph and furthermore explains why the first investigation returned lower values of ascorbic acid in the 100g assays. Another problem with the colorimetry experiment was the fact that we used KMnO4 solution, which is generally contaminated with MnO2. The MnO2 as sugge sted earlier on in the investigation leads to false drops therefore leading once again to a questionable calibrated graph which has a general inward inclination thereof giving lower experimental values for ascorbate concentrations. The MnO2 induced drops basically lead to varying readings from the colorimeter which made it difficult to produce an accurate calibrated chart. Furthermore KMnO4 has the tendency to react with contaminants found in water due to its oxidative properties, thereby further discrediting the calibration curve made. Another major uncertainty was my use of iodine for the redox titration, not only did I not control the oxidising agent but iodine is evidently not specific enough to estimate amount of ascorbic acid in vegetable cultivars. This is because there are other reducing agents such as uric acid in broccoli, which interfere with the titer values. Since ascorbic acid is not the only one responsible for reducing iodine to iodide ions the assumed end point is q uestionable. This further suggests the higher values for vitamin C amount found through iodometry and explains why the results are so accurate relative to the literature values. There are several other uncertainties that one could consider such as the errors with the equipment, the loss of vitamin C whilst extracting it from the various cultivars and so forth yet they do not make a difference as both experiments are exposed to these uncertainties and thus in effect they cancel out and can be ignored. We have assessed the flaws in each of the means of analysis and taking all aspects into consideration i find the permanganate and vitamin C redox reaction tracked by a colorimeter a better method. Fitstly because we are not relying on anindicator, permanganate is an indicator itself, and the concentration does not deteriorate if well stopped in amber bottles whereas concentrations of iodine dramatically deteriorate overtime. Furthermore it seems the flaws with this investigation are more technical in nature and can be m

The Wife Of Bath English Literature Essay

The Wife Of Bath English Literature Essay Writer Geoffrey Chaucer was born in 1342, when he was born is still unknown. Chaucer became a knight and a member of the kings home. Chaucer ran many errands all around Europe. With increased knowledge of society, it paved the way for The Canterbury Tales. Chaucer died in October 1400 and buried in Westminster Abbey. Chaucer was one of the first to have gathered in what is now known as the Poets Corner in Westminster Abbey. The Canterbury Tales were written sometime between 1387 and 1400. Coming from all walks of life; It is a tale of a numerous of people traveling together, portrayed as pilgrims, to Canterbury. The Canterbury tales were incomplete even the completed tales were not revised. There is also no order to how the tales are to be told. As the printing press had not been invented, The Canterbury Tales have been read as hand written manuscripts. The Wife Of Bath She initiates her story by telling of her experiences she has had in her life. The Wife of Bath begins her story by making it clear that she has always followed the rules of experience. The wife could easily be classified as an expert (for lack of better words); because she has had five husbands consecutively, she surely has had enough experience to classify her as such. To her there is nothing out of the ordinary with having had five significant others and has a very hard time understanding Jesus rebuke to the woman at the well. In her own defense, the Wife refers to King Solomon, who himself had many wives, and as for the admonishment of St. Paul that it is better to be married than to burn in sin. Sexual organs are created for their normal functions and for the purposes of pleasure. And unlike many senile women, she has always been one to constantly have sex on her mindà ¢Ã¢â€š ¬Ã‚ ¦naturally. She then goes on to tell of her past husbands and allows for how she was able to reign supreme when it came to each of them. Unfortunately, when she does thisà ¢Ã¢â€š ¬Ã‚ ¦he dies. She then goes on to tell of how she gained control over husband number five. At the funeral of husband number 4, she carried a lot of lust for a young man by the name of Jankyn, for which she had already had eyes on prior. They dated for a short period, she and Jankyn were married quickly as well, even considering the fact that she was much older than he. At the end of the honeymoon, she was taken back when she found out that Jankyn spent a lot his time reading, specifically from a set that downed on women. One night in particular, from this collection, he began to read aloud, He was reading the story of Eve, he read about all that he could find, like unfaithful women, murderesses, prostitutes, and so on, the wife of bath was unable to tolerate these stories for long, before she became enraged, took the book and hit Jankyn with it. She hit him so hard that he fell from being unbalanced, and into the fire he went. As he hopped up and he lunged at her, she fell to the floor from the strength of his hit, when she hit the ground she acted as though she were dead. When jankyn leaned over her, to examine the damage, she hit him one more time and once again acted as though she were dead. Infuriated, he promised her anything if she just would live, and this is how she was able to have control over husband number five. From that very moment until the day he passed away, she was the best possible wife she could be to him. Her story, restates her belief that a successful marriage is one in which the wife is to have complete control. In King Arthurs court there was a handsome yet deceitful young knight, who comes to and rapes a beautiful young woman. People are very angered at the young knights actions and vowed for the justice of the young lady. The law states, is written and demands that the perpetrator has his head cut off. For their own reasons the queen herself and some other maidens of the court pleaded for permission to have control over the fate of the knight. Inevitably, the queen gives the knight one year to figure out what the average womans wildest desires are. The time passes very quickly. The knight comes back to the court already knowing that he is going to die, He then sees a group of young maidens mingling around. As he gets closer to them, the run in fear, the only one left is an old angry woman, and she comes to him and is wondering what it is that he wants. The knight goes on to tell of his endeavors to her, and the woman guarantees him the exact response, he should give to the court, in return, he must do what she asks she saved his life. He obliges, and later, the queen asks him to respond, he comes forward with the right answer on that of what womens wildest desires are; it beingà ¢Ã¢â€š ¬Ã‚ ¦total control over their husbands. Because the old woman ended up giving the knight the right answer, she insists that she be his lover and his friend. The knight, hesitantly, obliges. The wedding night approaches, and he pretty much ignores his new wife, who is right next to him. He eventually lets her know that her age, as well as some of her other physical attributes disgust him. She reminds him simply that love is not pinpointed on how one looks but of true and honest understanding. The old woman tells him that her looks can be seen as an only a physical assetperiod. Now if she were good looking, plenty of men would be after her; with her existing state, just as she is, he can rest on the fact that he has an all-around good partner. The Wifes tale is quite interesting in the fact that it is lengthier than the actual story itself. The Wife of Bath uses the story to define knowledge about experience versus authority as well as igniting the points that she wishes to reveal in her story: What women really want is total control over their significant other. Due to the fact that she has had five husbands one right after the other, she feels as though when she talks it is with authority from all of the experience. In the prologue, she tells how she gained control over them all. In the church, antifeminism was a large contributing factor. Women were portrayed as almost like demons; they were very sexual, greedy, clingy, and a nagging pain and they were looked down on by the spiritual church. Women were unable to participate in church functions by any means. Also multiple marriages were considered suspicious. The Wife of Bath carefully remembers the words of the lord as stated in his written scripture. With her knowledge of his word, it shows that she is not a mindless human being. Furthermore, in Chaucers time, if you still had your virginity, you were highly thought of, especially when it comes to the church. Saints were glorified because they would rather be dead then to their lose virginity, or some suffered badly to keep their virginity later being considered as martyrs and at that point were blessed. After the Wife of Bath reserves from the word of the lord, she appears to gain common senseà ¢Ã¢â€š ¬Ã‚ ¦asking if all were virgins, she questions, then who would give birth to more virgins? This allows for the sexual organs to be used for pleasure as well as for the birthing end of it: She admits that she is full of life that enjoys sex and by no means is ashamed by it. The interesting part of story of the Wife of Bath is by far her argument on traditions or with the church, but the portrayal a living being. The wife is a woman of great emotion, and character. Preceding her five husbands and all of her hardships she has unfortunately lost her looks and her young nature yet, still she still lives on. With ease, he now has the ability to thoroughly enjoy her life. All throughout the Wifes tale, values and headships, are taken back or dismissed. During the start of the tale, King Arthur bows down to the ruling of Guinevere .Alternatively the women, over the men, are judges; and the knowledge of the books and the scriptures signifies a lot of experience. The knight, who was the rapist that jeopardized the purity of a young womans virginity, is saved by another woman, an old ugly woman at that. Lastly, the old woman gives the knight a choice, yet both choices are unbearable. When he allows her make the choice, he inevitably abandons his own freedom in courtesy of the womans power. Work Cited Reynolds, George Fullmer. The Staging of Elizabethan Plays at the Red Bull Theater 1605-1625. New York: Modern Language Association, 1940. Print. Chaucer, Geoffrey. The Wife of Baths Tale. Canterbury Tales. The Norton Anthology of English Literature: The Major Authors. Ed. Stephen Greenblatt. 8th ed. New York: Norton, 2006. 226-234. http://www.cliffsnotes.com/study_guide/literature/canterbury-tales/geoffrey-chaucer-biography.html