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Critically evaluate the Feminist theory of media and culture. How valid is this
Critically evaluate the Feminist theory of media and culture. How valid is this
critique today?
Introduction
Gender has always been used as a way to inform values and norms that pattern different facets of the society. In media and culture, Watkins and Emerson (2000) opine that gender informs the values and norms that drive industry direction in terms of production practices as well as other related conventions. One of the most prominent theories relating to gender is that of feminism. The purpose of feminism, according to Millet (2000), is to change the unequal connections in society. Feminist media theory has made substantial contributions to the general understanding of women’s roles, gender ideology, and the various elements that define and frequently constrain women’s lives since its inception as an academic topic (Loreck, 2018). Today’s globalized world and increasingly complex media environment continue to downplay the significance of transnational, intersectional, holistic, and transdisciplinary approaches to gender and media in contemporary society. This critical evaluation focuses on feminist theory of media and culture and examines topics relevant to present situations on the same. Hence, it offers an analysis of how applicable the theory is in current context. Therefore, this essay argues that the feminist media theory considers gender as a critical factor in structuring experiences and identity, believing that if women are more involved in media production, then the content would be better and more inclusive.
The Feminist Theory of Media and Culture
Feminist media theory extends the modern agenda to have women recognized, equal, and participating in various capacities in the society. Gallagher (2003) suggests that feminist media theory concerns with the incorporation of feminist ideals, ideas, and logics into media processes such as employment, production, and distribution, Loreck (2018) adds that the feminist media theory includes news and entertainment representational patterns across platforms and reception. Feminist media theory viewpoints are overtly political, in contrast to those who conceal their political motivations, often displaying the obsession and need for power (Means Coleman, 2011). Despite the fact that feminist media theory regards gender as an important factor in determining one’s identity and experiences, MiniÊ (2007) assert that it does not suggest that gender disparities are permanent or ongoing in any way. Conventionally, it was widely believed that when women were in charge of media development, the content would be different and better. Women of color, minorities, and those with physical or cognitive impairments have been disproportionately underrepresented in critical discussions in society (Banet-Weiser & Portwood-Stacer, 2017). Media theories and the field of media studies are increasingly highlighting the need of transnational and cross-disciplinary research that is really concerned with media convergence and globalization, and this is particularly true for feminist media studies.
Having looked at why feminist media theory exists, it is important to understand that its ideas are by themselves biased and geared towards female representation. In feminist media studies, processes and organizations in the media are examined through the prism of feminist ideas and politics, regardless of whether the media content itself is representative of a feminist ethos. It is a liberating and transforming movement that is devoted to the eradication of oppression and dominance in all its forms. Several variants of feminism have evolved in the modern age, with Shaw (2014) noting that all of them make extensive use of contemporary media platforms. When the media’s effect on feminism and feminism are researched together, feminist concepts, ideas, and logics emerge. This group of scholars applies feminist principles and goals to media work in all aspects of production and dissemination (MiniÊ, 2007). They also look at gender representation trends in news and entertainment across platforms and audiences. Female media specialists have unequivocally demonstrated that, despite women’s relative development in the international news industry during the past several decades, women are still purposefully excluded from ascending the corporate ladder to positions of decision-making authority. The “glass ceiling” effect, according to Loreck (2018), persists throughout businesses, transcending national borders, political systems, and cultural contexts, and is particularly obvious in the news media business, where it is a source of contention. Women are still a far off from achieving their full potential compared to men, directly because of the limitations that society has put on them, requiring a means to correct the process of theorization.
Feminist media theory and related views are aimed at correcting the inaccurate theorization made conventionally from a male-centric approach. As expressed by Millet (2000), a large part of the modern view on the world, the communities, and people is based on historical concepts and facts that were developed primarily by members of specific ethnic and economic groups and are thus out of date. Watkins and Emerson (2000) expressed that women and other marginalized groups have been mostly excluded from the process of formal theorizing and knowledge-building as a result of male-dominated and culturally specific theorizing and knowledge-building practices. When such concepts and information are used to study, policy, and action, they not only fail to recognize women’s contributions across all areas of activity, but they also fail to recognize concerns that are particularly important to women. Scholars of gender and culture studies contend that knowledge and issues based mostly on male, culturally particular experiences create a skewed perspective of reality and is just partial knowledge and an inaccurate way of documenting life (Loreck, 2018). Including women’s everyday experiences and informal theorizing in feminist approaches to theory and knowledge development is the most effective technique of overcoming this obstacle. That said, it is important to provide a critique of the feminist theory of media in relation to its relevance in the contemporary world.
Critique of the Feminist Theory of Media
The first point of observation in critiquing the feminist media theory is questioning of the influence of masculine ideology on women’s perspectives is necessary in order to have full participation. When looking at things from a male viewpoint, Watkins and Emerson (2000) assert that feminist theory attempts to dismantle and evaluate ideas that have been previously created and regarded as authentic. A feminist view on the world is a result of this, and ideologies based on this perspective arise. Changing problems that have a negative influence on women’s lives has been the focus of past research (Probyn, 2001), which has involved critically evaluating current theories and suggesting new policies and social action. Gendered thought is widely accepted in feminist theory, which asserts categorically that being a woman and holding particular social positions are inexorably related. Women’s studies theories also attempt at providing an explanation for how women interpret the world and its knowledge. The social roles and world-negotiating techniques of women vary according to the circumstances (cultural, social, political, racial or ethnic), as well as the personal characteristics of the women in the scenario (age, education, sexual orientation, and other emerging elements) (MiniÊ, 2007). When feminists examine circumstances and perform investigations, they recognize that factors other than gender impact perceptions and understandings. Means Coleman (2011) offers that feminists recognise that inequality is influenced by a variety of factors, including social class, ethnic heritage, and cultural background. Because the category women is pluralistic, defining women as a distinct entity results in the same mental process as the traditional androcentric approach to understanding women and girls. In order to address these inequalities even further, feminist inquiry emphasizes the importance of placing the inquirer on the same critical plane as the subject of inquiry in order to avoid prejudice and distortion on both sides of the question, requiring an exploration of past theories.
Past theories on society and relationships are biased in a way that they did not involve the views and positions of women in different societal capacities. Feminist analysis, in the media theory, goes beyond these subject-matter innovations in one important way: it sets the inquirer on the same critical plane as the overt subject matter, reclaiming the entire research process for examination in the research results (Means Coleman, 2011). The researcher’s personal beliefs, attitudes, and actions about race/ethnicity/culture/gender must be weighed against the picture she or he wants to project. To be clear, this does not imply that the first half of a study report should be devoted to introspection. More often than not, modern theorists define feelings and their effect based on a study’s endeavor and also given the opportunity to provide other explanations for the researcher’s effect on the analysis (Shaw, 2014). Therefore, the researcher is perceived as a genuine, historical human being with specific purposes and ambitions as opposed to a faceless voice of authority who remains nameless.
Following a review of past theories and relationships relating to feminism, it follows that feminist media theory and culture is important to set a path for future thinking in social and economic realms. Feminists have developed a slew of ideas to explain their experiences, many of which are based on differences in social class, ethnicity, and culture. Tyler, Coleman, and Ferreday (2008) observed that the approaches to feminist philosophy, on the one hand, are representative of a wide range of points of view, and on the other, they are representative of the many social and historical conditions in which feminists find themselves. Because of a failure to distinguish between the adaptation of feminist concepts to the historical, political, and sociocultural realities of black/third-world women and the concept of all theory as “white,” all feminist theory is characterized by being labeled as “Westernized,” “Euro-centric,” or “Ethno-centric,” and as such is condemned (MiniÊ, 2007). Theorizing is a process in which knowledge is both received and produced at the same time. Androcentric ideologies give facts that confirms their prejudices while completely dismissing the experiences and views of women and girls (Loreck, 2018). According to feminist philosophy, knowledge should be obtained through a variety of experiences, which is one of its fundamental premises. The evolution of feminist theory has resulted in the creation of a new, more comprehensive, and all-encompassing body of knowledge (Shaw, 2014). The goal of this approach of thinking is to present a more complete picture of women’s lives.
Validity of the Critique Today
In the critique provided above, some emergent issues relating to modern applicability have surfaced pointing a need to connect feminist media theory with relevant contemporary perspectives. Means Coleman (2011) posits that postmodernist-feminist thought is necessary for positive growth and to ensure a society that recognizes the input of all its members. According to postmodernist-feminist thought, the investigation of women’s experiences and knowledges serves as a basis for the production of new feminist-informed knowledges (Banet-Weiser & Portwood-Stacer, 2017). This method differs from feminist thought in a number of important ways. Rather than a single, complete reality to which women’s experiences may be added, Loreck (2018) found that postmodernist-feminist theorists contend that a multitude of realities and experiences can be added to which women’s experiences can be contributed. According to postmodernist-feminist theorists, these experiences, as well as their influence on knowledge generation, are fluid, contingent, heterogeneous, and historically and culturally varied in both time and space (Banet-Weiser & Portwood-Stacer, 2017). They do not indicate that feminist arguments are more scientifically desirable than other arguments since they call into question the validity of reason, objectivity, and scientific reasoning. They do, however, agree that knowledge claims should be grounded in a broader base of experience, and that women’s experiences should be classified according to race, class, culture, and sexual orientation. Thus, Watkins and Emerson (2000) agree that there are many different feminist theoretical viewpoints to choose from, and none fully encompasses the issues of race, class, culture, and sexual orientation. Women’s captivity is a major topic on which they both agree, although they disagree on the origins and sources of this servitude. These inequalities reflect the intricacies of women’s lives, as well as the need of engaging their perspectives and knowledge in decision-making processes, away from the male perspectives of the world that have largely defined women and other components of the society.
Inequalities emerge as a result of a largely predominant male-led theorization process that has locked women away from presenting their view of the world. According to Banet-Weiser & Portwood-Stacer (2017), men have long had sway over the media industry, both globally and locally, and this has continued today, thus necessitating the involvement of countering forces that the feminist media and culture theory brings. In the contemporary society, men are usually the ones who develop and define a majority of media policies, aims, and agendas, as well as defining how women are viewed and presented in popular culture (Shaw, 2014). Men are far more likely than women to be the ones who decide employment decisions. As a result of this, males outnumber females in almost every aspect of media coverage. It should come as no surprise, then, that the media is frequently biased towards women (Loreck, 2018). This bias has an influence on how women are depicted in the media, which has a negative impact on the advancement of women in society. Some of the harsh characterization and depiction of women in the media has become more subtle in recent years, thanks to the growing number of voices and concerns from active women’s clubs and organizations. Women are still underrepresented in the media as contributors to the development process or as experts in their disciplines, despite progress in recent decades. The patriarchal culture of society is reflected to a significant extent in various media tales and presentations (Probyn, 2001). The persistence of exploitative and insulting depictions of women in the media is due to a lack of really gender-sensitive awareness and analysis of women’s problems on the part of both men and women working in the media industry (Watkins and Emerson, 2000). Traditional social behaviors and interpretations are heavily rooted in these images of women, which aids the media in the production of these representations of female beauty.
Conclusion
Some of the characteristics of feminist methods as well as feminist critiques of the conventional androcentric way of thinking have been discussed in the preceding paragraphs. As well as taking into consideration the reality that women do not form a homogenous group, this approach also recognizes the distinctions between women’s and men’s lived experiences. They have been utilized by feminists to deconstruct androcentric ideas, resulting in a more complete understanding of women’s many realities. The feminist media theory points to a need to assess current policies and provide suggestions for improvements aimed at addressing women’s issues. Various factors, including class, color, ethnicity, age, social status and sexual orientation, all have an impact on how people perceive and experience gender and its relationships, leading to a theorization process based on one’s environment and situation. As expected, the feminist media theory addresses the inequalities that are present in society, not just in relationships but also in theorization processes that creates policies and variant theories in literature, academic life, and elsewhere in society. Future studies should focus on how to integrate theories and thoughts presented both from a masculine of feminist school of thought. There is therefore, a need to improve the feminist media theory in ways that will ensure successful integration of all views in the constitution of global societies.
References
Banet-Weiser, S., & Portwood-Stacer, L. (2017). The traffic in feminism: An introduction to the
commentary and criticism on popular feminism. Feminist media studies, 17(5), 884-888.
Gallagher, M. (2003). Feminist media perspectives. A companion to media studies, 19-39.
Loreck, J. (2018). Pleasurable critiques: feminist viewership and criticism in Feminist
Frequency, Jezebel, and Rosie Recaps. Feminist media studies, 18(2), 264-277.
Means Coleman, R. (2011). “Roll up your sleeves!” black women, black feminism in feminist
media studies. Feminist Media Studies, 11(01), 35-41.
Millet, K. (2000). Theory of sexual politics. Radical feminism: A documentary reader, 122-153.
MiniÊ, D. (2007). Feminist media theory and activism: Different worlds or possible
cooperation. 20 Pieces of Encouragement for Awakening and Change, 282.
Probyn, E. (2001). Teaching in the field: Gender and feminist media studies. Feminist Media
Studies, 1(1), 35-39.
Shaw, A. (2014). The Internet is full of jerks, because the world is full of jerks: What feminist
theory teaches us about the Internet. Communication and Critical/Cultural Studies, 11(3), 273-277.
Tyler, I., Coleman, R., & Ferreday, D. (2008). Commentary and criticism. Feminist Media
Studies, 8(1), 85-99.
Watkins, S. C., & Emerson, R. A. (2000). Feminist media criticism and feminist media
practices. The ANNALS of the American Academy of Political and Social Science, 571(1), 151-166.
The purpose of imagery in literature is to appeal to the human logic to deepen the reader’s understanding
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Date: 30/03/2019
Natural imagery
The purpose of imagery in literature is to appeal to the human logic to deepen the reader’s understanding of a story (Vandaele). Imagery is the use of vivid and descriptive language in a piece of literal work to add intensity to the story the author intends to share with the readers. Imagery includes all the five senses in expressing the feelings, reactions, and actions to a phenomenon. The senses are a basis of the types of imagery which include visual imagery, tactile imagery, gustatory imagery, auditory imagery, and olfactory imagery. Other forms are subjective imagery which corresponds to personal experiences such as feeling hungry and kinesthetic imagery which corresponds to movements. Visual imagery relates to the graphics, photographs, or the sense of light, tactile imagery relates to the sense of touch, gustatory imagery relates to the sense of taste, auditory imagery relates to the sense of hearing such as onomatopoeia, and olfactory imagery relates to the sense of smell.
Natural imagery uses figurative language as well in stories. For instance, in a story, one may use light which is from nature to denote knowledge. Natural imagery helps in setting the tone and the mood of the story. An example of the use of natural of natural imagery in novels is when the author uses the bright and sunny day as the first line of the story to represent a good story. Such openings assure the reader that the novel is a good novel since the starting is a positive one. The opening lines are responsible for setting the entire mood of the novel stereotypically even though the setting may involve some dark tones to conflict the bright mood but also help the reader learn to appreciate the good times. The purpose of this paper is to discuss the use of natural imagery in “The Worn Path” and what the natural images represent in the story particularly pertaining who Phoenix is and what she may symbolize, and how nature plays a role in determining the final significance of the story.
In the story “The Worn Path,” the name of the main character Phoenix is natural imagery of the phoenix bird that is believed to be able to rise from its ashes in myths. The name denotes that indeed Phoenix is a strong woman who is capable of getting back up even if she faces difficulties as worse as getting burnt and being reduced to ashes. In the story, she is depicted as an elderly African-American woman walking to town to get her grandson’s medicine. Welty uses her as an elderly character that walks through the thick, dangerous forest all alone despite her almost complete blindness that required her to use a cane to walk. The difficulties are symbolized by the danger of the forest and her conditions that is being old, little and blind but despite that she has to walk through to town to get her grandson the medicine he needs.
The worn path symbolizes her journey which is filled with love, faith, and sadness all wound up in the background of death. She has to walk through a tough path which is snowy and frozen to get to her grandson’s medicine (Welty 1274). Buzzards are present to symbolize death, destruction, and decay which all connotes death but with a hint of rebirth. Death is wound around the journey that little yet old Phoenix is embarked on through a dangerous forest all by herself despite her condition of blindness. The title itself sets out the mood of the story. Worn path evokes feelings of difficulty, fear, and death in the story even before one reads the story itself. Welty bases the story on a vulnerable blind, an old woman traveling all alone in a dangerous forest.
In the third paragraph of “The Worn Path,” Phoenix is seen using her cane to part her way through the fields just like Moses from the bible used his cane to part the waters of the red sea to deliver the children of Israel from Egypt. She also commands the woodland creatures are taking into practice the way power that God gave to human beings in Genesis over the animals and all creatures on earth. Welty uses the Bible to depict the nature of how the earth is supposed to be run. Humans are in charge just the way Phoenix in the story was in charge of the woodland creatures. The connection in the story to the Bible makes the story relevant since most people believe that the bible is the foundation of human life.
The story also has a lot of trees such as oak trees, cypress trees, sweet gum trees, pine trees, and trees with mistletoes and mosses. Welty even describes Phoenix’s wrinkles as looking like trees (Welty 2). Trees symbolize life and endurance. The story features a range of trees from the evergreens that live forever to deciduous trees and the temporary once that die fast as symbolized by the leaves falling off. The journey was filled with life, hope, and death. The evergreen trees represent life while deciduous one represents hope for life and the temporary trees represent death. Welty was attempting to put across the connection between life and death and how life revolves around such a cycle. Phoenix also goes through the cycle and in the story she is like the deciduous trees that seem dead, but they still have a life.
Welty also represents the lack of basic needs such as food, water, and medicine in the story. Basic needs are derived from the natural resources which Phoenix seems to lack in the story. Phoenix and her grandson lack a range of things including medical needs, transportation, and other resources such as finances. Welty uses their state of devastation in her story which is what forces the old lady to travel through the ‘worn path’ for her grandson’s sake. They represent those starving due to neglect during though times such as famine and drought.
Phoenix also is depicted as persistent and is symbolized as a windmill. The windmill does its rounds over and over again and never stops as long as the wind blows on. Same way, Phoenix’s determination to get medicine for her grandson is depicted by the wind which keeps her journey, the windmill, going. She says she will march up back to him and hand the medicine he needs to him (Welty 99). She goes to town then returns and embarks on a journey back to town again which depicts her as a strong person despite her looks and condition (Welty 44). She just does not give up like a weakling.
In the overall story, nature makes the entire journey look like the entire life of a person. In life, there are hard time and easy times, time for everything and bosssth familiar and new experiences. There are beauty and ugliness in life just the way Welty puts it in the story. Phoenix walks through the dangerous forest all alone, but her journey was filled with love and hope. She did not care about her condition, and she was focused on traveling across the forest just to get her grandson medicine from town. She encountered difficulties such as the white hunter who pointed a gun at her and called her a granny but her determination made her fearless. The determination is the nature of life. In life, one is supposed to be hopeful no matter what hits them along the way.
Works Cited BIBLIOGRAPHY
Vandaele, Jeroen. “On Comic Mental Imagery in Literature: The Case of Manolito Gafotas.” Neophilologus (2015): 351-370.
Welty, Eudora. A Worn Path. Atlantic Monthly, 1941.
Difference Between the Motor Insurance Types
Insurance
Student’s Name
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Contents
TOC o “1-3” h z u Family Insurance Services PAGEREF _Toc405664227 h 3Abstract PAGEREF _Toc405664228 h 3Introduction PAGEREF _Toc405664229 h 4Types of Family Insurance PAGEREF _Toc405664230 h 4AED 200, 000 Car Budget PAGEREF _Toc405664231 h 4Quotations of Insurance Companies PAGEREF _Toc405664232 h 5Difference Between the Motor Insurance Types PAGEREF _Toc405664233 h 5Travel Insurance PAGEREF _Toc405664234 h 6The Reason for Dependence on Car and Health Insurance PAGEREF _Toc405664235 h 7How to Create Market For Other Insurance Services PAGEREF _Toc405664236 h 8Report on Investment in Trade of Shares PAGEREF _Toc405664237 h 8Reasons for Change in Prices of Shares PAGEREF _Toc405664238 h 9Income from owning Shares PAGEREF _Toc405664239 h 9Reduction of Capital Loss in Shares Investment PAGEREF _Toc405664240 h 9Conclusion PAGEREF _Toc405664241 h 10References PAGEREF _Toc405664242 h 11
Family Insurance ServicesAbstractThere are varied insurance service types that cover family losses and damages. However, the most common in the UAE are the car and business insurances. So many factors including ignorance and monetary value are key to the little use of the other services among the UAE citizenry. As such, the insurance companies should employ strategies that aim at increasing their customer base (Clarke, 1997).
The two types of car insurance, comprehensive cover and the third party insurance, cover for the losses in car ownership on varied scales depending on the monetary value. Apart from compensation for the damages and losses incurred, insurance also come with other packages of benefit like leasing of cars in the case of car insurance (Clarke, 1997).
IntroductionThe equitable reassignment of risk and jeopardy with monetary value is the primary definition of insurance (Clarke, 1997). Insurance services are varied and cover numerous fields. Beneficiaries of insurance services may be institutions, parastatals, businesses or even families (Ferrarini, 2006).
Types of Family InsuranceAmong the most common insurance types that are secured by family households include property insurance, travel insurance, health insurance, and life insurance. Travel insurances offer compensation for inconveniences met during long trips (Ferrarini, 2006). Health insurance helps families meet medical bills that fall beyond the household income on one hand. On the other hand, life insurance offers monetary compensation for loss of loved ones. Property insurance is a reimbursement for property damage or complete loss (Merkind and Stuart, 2004).
AED 200, 000 Car BudgetWith a 200, 000 AED budget, my objective would be to purchase a car with powerful and modern features that still allows room for purchase of the best insurance cover. That would influence my choice to a BMW Z4 automatic with a horsepower of 2000cc. The vehicle is averagely priced at 185, 000 AED. The horsepower allows for regulated fuel consumption hence reducing expenses.
Quotations of Insurance CompaniesSeveral companies have sprung in the recent past to offer insurance services in the UAE. Emirates Insurance Company (Eminsco), for instance, has grown to become one of the dominant factors in the industry. Eminsco’s third party car insurance policy covers only covers damage to property and or property loss in the event of an accident. Its comprehensive cover, on the other hand, covers all the inconveniences burdened upon a client in the case of an accident. For a brand new Toyota Landcruiser that costs 185,000 AED, Eminsco charges 1,800 AED for third party and fire insurance. For comprehensive cover, the company charges 4,500 AED.
American International Group, Inc (AIG), is the other company that has gained ground in the UAE. It’s services are virtually the same compared to Eminsco. The American company charges 1,700 AED for third party insurance and 4, 150 AED for comprehensive cover.
My preference would be a comprehensive protection from AIG because apart from the compensation, they also offer a three-month lease period in case of serious accident or loss of car. In as much as the compensation offered by Eminsco meets the challenges set by AIG, the rental period is quite limited and is set at 21 days.
Difference Between the Motor Insurance TypesThe two types of motor insurance have variations that range from price to cover (Clarke, 1997). The Third Party insurance cover offers compensation for occupants of a vehicle in two dimensions. The first dimension is angled at covering the losses incurred through property damage to individuals whose property were at the accident scene. The second option covers theft of property or loss through fire in case the vehicle is stolen or catches fire. The insurance of the Third Party covers not the damage to or loss of car.
On the other hand, Comprehensive insurance is more diversified and covers all aspects of risks and losses that can be incurred in the event of an accident (Ferrarini, 2006). It may cover damage to both the vehicle or to property at the scene of the accident. Like the third party, it also covers loss of property through theft. The cover may also come with additional services like lease of another for the duration in case of theft or complete damage (Merkind and Stuart, 2004).
The Third party insurance is offered at a lower charge compared to a comprehensive insurance. That is a resultant of inclusion of a wider range of risks. It is the risk range covered by a comprehensive scheme that makes it a better option (Merkind and Stuart, 2004).
The Third Party may not be necessarily cheaper compared to the comprehensive cover despite the few risks it covers (Merkind and Stuart, 2004). Moreover, it doesn’t provide satisfaction for compensation of losses. Its provisions are mere consolations and still leaves the owner with great financial and emotional disorientations. I would, therefore, choose a comprehensive cover for my car so accrue the full benefits of insurance and avoid tremendous financial losses (Merkind and Stuart, 2004).
Travel InsuranceThe inconveniences incurred on the course of the trip may be rare, but all the same are capable of an occurrence. As such there is every need to insure the travel to avoid irreversible damage or suffer a complete loss in the event of an accident (Clarke, 1997). Marwa Mohammad may not have experienced an ill-fated event, but there is always a first time. Marwa’s view of Travel Insurance as an unnecessary expenditure limits her reason beyond the anticipation of the nature of the damage that she might incur in case of an accident.
A trip gone awry may result in theft and burglary, property loss, injury to the traveler or even loss of life (Merkind and Stuart, 2004). Such losses sometimes bear great significance and come as a giant set -backs to the intents of a traveler. Theft may, for instance, deprive the traveler of all money and accessories that were carried along for the trip. Situations of helplessness can be avoided when proper precautions are taken (Ferrarini, 2006).
In any case, insurance is always a precautionary measure and doesn’t come because accidents must happen to a particular individual, but because all individuals are vulnerable to unpredictable events (Ferrarini, 2006). Marwa’s contemporary belief is a very big risk factor. She does not stand an opportunity to accrue the benefits that come with travel insurance like compensation in case of forced cancelation of a trip.
The other benefits that she is missing out on include dismemberment that covers injuries or deaths that may be inflicted upon a family during a trip (Merkind and Stuart, 2004). Travel insurance is hence the means to creation and placement of standard measures against unpredictable accidents that may plague a traveler (Merkind and Stuart, 2004).
The Reason for Dependence on Car and Health InsuranceThe insurance industry has experienced major setbacks in its growth and expansion in the UAE. Reception of types the varied forms of insurance other than health and car insurance has been slow and cold.
Most of the UAE citizenry have not seen the relevance of the varied forms of insurance as they do anticipate other dangers and consider such indulgences and spendthrift (Ferrarini, 2006). Several factors have been key to this among which is the lack of proper sensitization on the relevance and magnitude of insuring virtually all aspects of an individual’s life.
The two types of insurances that are mostly secured by the citizenry are those that they experience on daily life hence have been enlightened about. The other reason is affordability as not all types of insurance are government subsidized. The factor makes them out of reach to some of the citizens who hence opt to conduct their activities without such insurances (Clarke, 1997).
How to Create Market For Other Insurance ServicesInsurance companies should start massive sensitization campaigns to the UAE citizenry to create awareness on all the brand of insurance services. The sensitization should also serve to enlighten the citizenry on the relevance of such insurance policies and encourage them to cover their property and events (Ferrarini, 2006).
They can also lower the charges for such services to encourage more citizens to take the services on the grounds of affordability. This would increase the market base and strengthen the insurance industry in return (Merkind and Stuart, 2004).
Report on Investment in Trade of SharesA share is an account unit for varied investment opportunities derived from corporation stocks. They can also be inclusive of mutual funds, real estate trusts, and limited partnerships. It is a capital unit that is indivisible and expresses the relationship between the investor and the company.
Reasons for Change in Prices of SharesChanges to the prices of shares in the market are greatly influenced by market forces. The demand for the products of a company alters the prices of the shares.
The other reason is the demand of the particular shares. High demands for the company’s shares take the prices up in contrast to low demand (Ferrarini, 2006).
Income from owning SharesThe purchase and sale of shares depend on the evaluation on the worth of a company at a given time. Such evaluation is dependent on the prediction of future value of a company’s stock worth. Good prediction and evaluation make such an investment a gold strike and a great opportunity to make more money (Merkind and Stuart, 2004).
However, it is not every time that such evaluation is correct. Sometimes a prediction goes on the reverse sending the stock value of a company crumbling. The resultant of such an occurrence is great monetary losses to the investors. This factor does not make income from the trade on shares steady as there are highs and lows (Ferrarini, 2006).
Reduction of Capital Loss in Shares InvestmentThe first way of avoiding Capital Loss is through the calculation of conventional risk. This is the collection of dividends from a stock that has little benefit, but bears a similar performance to the opted investment (Ferrarini, 2006). The second way is through calculation of alternative risk. It levels risk by equalizing and determining an option for a risk equivalent (Clarke, 1997).
ConclusionAll family and even formal events and property should be insured to reduce losses incurred and offer fresh grounds for redevelopment incase of complete damage. Ignorance and misconception of ideas should be eradicated by the insurance companies through public education and advertisements.
Insurance is not only limited to property and events, but they also businesses and investments (Ferraini, 2006). Losses incurred in business activities that rely on prediction and gambling are limited through the engagement of insurance companies and expertise.
ReferencesClarke, M. A. (1997). Policies and perceptions of insurance: An introduction to insurance law. New York: Oxford University Press.
Ferrarini, T. (2006). Families, States and Labor Markets: Institutions, Causes and Consequences of Family Policy in Post-war Welfare States. Cheltenham: Edward Elgar Pub.
Merkin, R. M., & Stuart-Smith, J. (2004). The law of motor insurance. London: Sweet & Maxwell.