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Social Efficiency Ideology
Social Efficiency Ideology
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Institution
Course
Date
Social Efficiency Ideology
Social Efficiency advocates believe that the reason of getting education is to effectively meet the community standards through training of youths to be responsible in the future in building the community. The goal of education is to equip the youths with the skills and protocols they need to follow in their respective workplaces and in the community. Education is also intended to train the youths how to live a productive life and perpetuating the community roles. It has been observed that educational standards and community needs have since changed. The globalization has introduced new ideas and skill to other countries. The enactment of the global educational standards and international competitions has also refined the educational requirements and procedures causing the change in Social Efficiency Ideology over centuries.
Those who believe in Social Efficiency Ideology argue that the importance of learning lies in their competencies and roles the youths are able to play in the community. Education is essential in equipping youths with skills they need to perform and be productive in the community. When the community needs change, there should be a change in curriculum to counter-react this. In some curriculums, the change is shift while in other it’s a bit slower. The educators manage instructions by choosing and employing educational techniques aimed at helping trainees learn based on the curriculum. Instructions are controlled by precisely defined behavioural objectives, and trainees may gain a lot of practice to increase and retain the learnt skills.
The first goal of Social Efficiency Ideology is to determine the societal needs. The things that will help achieve the needs are called objectives of the curriculum. Over the centuries as the world is becoming more globalized, the needs of the community have also changed. Form a simple to complex systems plus introductions of sophisticated machines have made great changes in the curriculum. The institutions have thus been forced to find the suitable and efficient method of instilling the even changing curriculum to the fast changing generation. In some circumstances, curriculums have been changed and some trainees forced to take extra classes to incorporate the incoming technology or change in the existing order. The Social Efficiency Ideology ideologists posit that central to Social Efficiency conceptions of scientific procedure is the assumption that changes happen in human behaviour and this occurs within a fairly direct cause-effect, action-reaction, or stimulus-response context.
The institutions and educators have been forced to determine the reasons for changes in the society, and determining the connection between cause and its effects, action and reaction, and stimuli and response, and predicting the causes, effects, and stimuli leads to the desired effects, reactions and responses.
According to Social Efficiency Ideology ideologists, the most effective way of attaining the goals of a given curriculum comes from the application of routines of scientific procedure to the making of curriculum. In conclusion, the technological, community standards, community needs and change in human behaviour have resulted to change in Social Efficiency Ideology over century.
Reference
Introduction to the Curriculum Ideologies retrieved from http://www.sagepub.com/upm-data/47669_ch_1.pdf.
Analysis of the Bitcoin Industry Using Porter’s Diamond Model
Analysis of the Bitcoin Industry Using Porter’s Diamond Model
4. Application of Framework
Michael Porter developed the Diamond Model, which is a set of ideas that tries to explain why certain sectors of a country are globally competitive while others are not. According to Porter, an industry’s ability to compete successfully on the global market is essentially based on a network of interconnected geographical advantages possessed by diverse areas of the economy in different countries (Bakan & Doğan, 2012). These include: Factor Conditions; Firm Strategy, Structure and Rivalry; Demand Conditions; and Related and Supporting Industries.
Figure 1: Porter’s Diamond Model
(Adapted from Bakan & Doğan, 2012)
Bitcoin versus Traditional Currency
There have been several forms of currencies throughout human history. Evolution has come a long way since barter trade, which included the exchange of tangible things such as pebbles or shells, the more recent use of precious metals, modern use of bank notes, paper bills, digital money, and most recently the invention and use of decentralized digital currencies such as Bitcoin. Bitcoin and traditional forms of cash are naturally in conflict since Bitcoin is intended to undercut the customary manner of dealing with money (DeVries, 2016). People have become more conscious of the most desired features that money should have throughout time. Money must be fungible, divisible, non-consumable, portable, secure, identifiable, rare, and durable in order to be practical and easy to use. It must also be rare and readily transferrable.
Figure 2: Summary of money traits over human history
(Adapted from DeVries, 2016)
Company Structure, Rivalry, and Strategy
Competition facing the Bitcoin sector comes from other cryptocurrencies such as Ethereum, Tether, USD Coin, Litecoin, Binance, and Dogecoin. However, despite the popularity of Bitcoin, not every region in the world accepts its usage and legality. Even then, Bitcoin uses a uniform approach across all nations in the world.
Factor Conditions
One of the most important requirements is the availability of resources that benefit Bitcoin’s performance. Aside from natural factors, capabilities, objectives, and infrastructure all have a role in shaping resource availability. Bitcoin, for example, is desirable because of its ease of use and liquidity, user privacy and transparency, independence from central authorities, high return potential, volatility, lack of government restrictions, irreversible transactions, and limited usage (Lee, Kim, & Park, 2018).
Demand Conditions
The level of consumer interest in Bitcoin is another crucial component (DeVries, 2016). Porter illustrates how the rise in demand for a product, such as Bitcoin, across regional consumers contributes to the expansion of that commodity’s market.
Supporting and Related Industries
In addition to this, the supplementary services that offer support to the national advantage are another aspect that promotes Bitcoin’s development. The Bitcoin industry is supported by the accessibility and expansion of the internet as well as the infrastructure in place for doing business online.
Government
By providing an atmosphere that is beneficial for Bitcoin’s development, the government plays an important part in the process of creating and maintaining the competitive edge. Among these steps is the construction of a solid infrastructure.
Chance
Furthermore, chance plays a part in a sector’s competitive disadvantage or advantage, such as the Bitcoin industry. Natural disasters, political upheavals, and the COVID-19 outbreak, for example, have had both positive and negative impacts on the Bitcoin industry at different periods in time.
5. Insights
Bitcoin continues to pique the curiosity of financiers, entrepreneurs, and officials at all levels of government, as well as ordinary individuals. Price swings, allegations that the Bitcoin market is a speculative bubble with little real worth, and worries about escaping legal and regulatory supervision have all led, as of late, to a rise in the number of public arguments about Bitcoin. Because of these worries, a number of nations have urged for stricter controls, or even a total ban on the practice. As a direct consequence of this, the market for items has become less saturated. The question of whether cryptocurrencies should be regarded to as goods, monetary units, or something else is one that is currently being actively discussed. There are also further risks, like as the possibility of derivatives and credit contracts being based on bitcoin.
It is possible that in the future, technological progress may make it possible for cryptocurrencies to circumvent some of the challenges that they are now encountering. One of these problems is that a person’s whole digital fortune might be lost if their computer crashes, or a hacker could steal everything from a virtual vault if it is not properly protected (Wang et al., 2021). What will be more difficult to overcome is Bitcoin’s core flaw, which is the fact that the more popular it grows, the greater the likelihood that it will be regulated and monitored by the government. This is something that will be more difficult to overcome. This is against to the core tenet of Bitcoin, which is that it should be decentralized and should not be controlled by a single entity.
References
Bakan, I., & Doğan, İ. F. (2012). Competitiveness of the industries based on the Porter’s diamond model: An empirical study. International Journal of Research and Reviews in Applied Sciences, 11(3), 441-455.
DeVries, P. D. (2016). An analysis of cryptocurrency, bitcoin, and the future. International Journal of Business Management and Commerce, 1(2), 1-9.
Lee, J., Kim, K. W., & Park, D. H. (2018). Empirical analysis on Bitcoin price change by consumer, industry and macro-economy variables. Journal of Intelligence and Information Systems, 24(2), 195-220.
Wang, K., Pang, J., Chen, D., Zhao, Y., Huang, D., Chen, C., & Han, W. (2021). A large-scale empirical analysis of ransomware activities in bitcoin. ACM Transactions on the Web (TWEB), 16(2), 1-29.
Effective curriculum development
Education
The course is imperative in acquiring skills that a competent early childhood education teacher or administrator should possess. Ensuring a comprehensive mastery of the curriculum is a vital objective of the course. It guarantees the teacher the acquisition of sound knowledge of the subject as stipulated in the curriculum. It inspires the teacher to gain professional interest in the work. The course inculcates the attitude of care for children. A competent early childhood education teacher should establish a warm atmosphere that best accommodates the learner (New & Cochran, 2007, p. 228). The course is important in promoting enthusiasm in early childhood education teachers to undertake their roles. Enthusiasm is a fundamental character that early childhood teachers should possess. The course promotes passion and interest in undertaking early childhood teacher’s responsibilities. A competent teacher should show interest and passion in handling children. Proper planning of the learning process is necessary for successful teaching. A competent teacher should depict the ability to conduct a detailed instructional planning of the learning process. Instructional planning should focus on enhancing the proper growth and development of children. Education should promote cognitive development and imagination in children (Wood & Attfield, 2005, p. 145)
Effective curriculum development requires extensive stakeholder consultation. A good curriculum should focus on supporting a learner-friendly environment (Machado & Meyer-Botnarescue, 2009, p. 252). The curriculum development process should promote nature-based learning and development of the child. It should also consider the concerns of diverse groups of learners (Pianta, 2012, p.455). I can successfully undertake this vital process. The areas for improvement in curriculum development include the necessity to formulate expectations that are realistic and achievable by the learners and teachers. Formulating a curriculum that promotes higher order capabilities in learners is an area of improvement. Promoting language mastery and enhanced ICT knowledge is vital as a higher order capability (McLachlan, Fleer & Edwards, 2013, p. 161). I have an interest in exploring active learning as a vital strategy in early childhood education.
ReferencesTop of Form
Bottom of Form
Machado, M., & Meyer-Botnarescue, H. (2009). Student teaching: Early childhood practicum guide. Belmont, CA: Cengage Learning.
McLachlan, C., Fleer, M., & Edwards, S. (2013). Early childhood curriculum: Planning, assessment, and implementation. Cambridge: Cambridge University Press.
New, R., & Cochran, M. (2007). Early childhood education: An international encyclopedia. Westport, CT: Praeger Publishers.
Pianta, C. (2012). Handbook of early childhood education. New York, NY: Guilford Publications.
Wood, E., & Attfield, J. (2005). Play, learning and the early childhood curriculum. London: Paul Chapman.