Parthenon

 

Research your approved topic and outline what sort of cultural events, movements, beliefs, and social and/or historical circumstances shaped the expression you’re examining. You’ll then use your research to answer the following questions, and make sure your answers are thorough, in complete sentences, and fully demonstrate how you’ll use the information you’ve uncovered in your research:

Describe any significant context that impacted/impacts the topic you’re researching.
How is this topic shaped by the context you’ve listed above (does it attempt to illuminate, refute, respond to, or reform because of this context)? Explain any details or data that have brought you to this conclusion.
How does this topic appeal to people at the time in which it was created?
Does this topic still appeal to people now? Why/Why not?

 

Sample Solution

Parthenon

The Parthenon is a former temple on the Athenian Acropolis, Greece, dedicated to the goddess Athena, whom the people of Athens considered their patron. Construction began in 447 BC when the Athenian Empire was at the peak of its power. The Parthenon is so special because first of all is the symbol of Athens democracy. It was built after the victory on the Persians who occupied Athens in 480 BC. It was built to celebrate victory and Athens political, economic and cultural superiority. The Parthenon was a center of religion life in the powerful Greek city-state of Athens, the head of the Delian League. It was a symbol of power, wealth and elevated culture of Athens. It was the largest and most lavish temple the Greek mainland had ever seen. The Parthenon is among the national treasures of Greece, but important parts of it have been displayed at the British Museum in London for two centuries.

o, if the Solow model holds over time has china increased its level of capital it will converge with the UK, until they both have about the same income per worker.

• New Growth Theory

The new growth theory is termed as an endogenous growth theory, because this theory assumes that technological progress is endogenous, which is contrary to what the neo-classical growth theory assumes. Indeed, the neo-classical growth is based on exogenous saving rate, population growth and technological progress.

Furthermore, the new growth theory assumes that the marginal product of capital is a constant element, but in the neo-classical growth theory, the capital is assumed to be diminishing on return.

The new growth model, if discussed under the framework of monetary economy, the relationship between the inflation rate and the return rate on capital will depend on the relationship between the real money balances and investment.

If the real money balances substitute the investment, then the inflation will decrease the return on real money balances but the return on investment will increase.

Thus, a positive relationship between inflation and economic growth will show. However, if the real money balances complement the investment, then the inflation will have a negative effect on the growth.

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