E Banking Revolution World Over Banks Essay

Have you ever wondered what it means to be human? Or what it means to dehumanize one another? As humans, we have the ability to think and use our brains. We are subject to an evolving education and to require an education. When someone is deprived of these human qualities, they are dehumanized. Everyone strives to live in an environment that enables them to learn, discuss, and act similarly.

Philosopher and educator Paulo Freire once said, “Education either functions as an instrument which is used to facilitate integration of the younger generation into the logic of the present system and bring about conformity or it becomes the practice of freedom, the means by which men and women deal critically and creatively with reality and discover how to participate in the transformation of their world.” In Freire’s work of “the Banking Concept of Concept”, he describes how the education system is failing to help student find success in the real world as well as it provides a framework for the “teachers” to oppress the “students” through the distribution of power.

Each location has its own local network thus it is distributed across the company, however this has its pros and cons that can affect the company. With the implementation of a WAN as defined in Telecommunications Essentials “A wide area network (WAN) is a group of computer networks connected over long distances by telecommunications links, which can be either wireline or wireless.” (Goleniewski & Jarrett, 2007, p. 201) The benefits that a WAN will bring to Kudler Fine Foods is a centralized management of all systems and an ease of use communication from store to store. As stated earlier along with the WAN, each location will also be implementing a WLAN. This shall improve network coverage and give each location the ability to place computer systems or POS machines in locations that may have not been possible before due to the lack of a hardline or ability to install a new line. Wireless technology has greatly improved over the years and has transitioned from an additional layer that may not be needed or only added if there was room in the budget to a

A _________ area network usually has an extremely limited distance of a few feet or meters.

Looking back to the outset of the 19th century, it is impossible to say that any real banking system had really been developed in the US. This is to say that, though there were roughly 120 private commercial banks that had been chartered by new state governments, the so-called system was scarcely organized. It was ad hoc in nature and directly linked to the merchant banking practices of the pre-independence period. The years preceding the turn of the century were important because they brought a central banking authority onto the scene. In 1789 the new federal government established a position for the Secretary of the Treasury. As we know, the first to hold this prestigious title was

Before the advent of the Federal Deposit Insurance Corporation (FDIC) in 1933 and the general conception of government safety nets, the United States banking industry was quite different than it is today. Depositors assumed substantial default risk and even the slightest changes in consumer confidence could result in complete turmoil within the banking world. In addition, bank managers had almost complete discretion over operations. However, today the financial system is among the most heavily government- regulated sectors of the U.S. economy. This drastic change in public policy resulted directly from the industry’s numerous pre-regulatory failures and major disruptions that produced severe economic and social

Throughout my essay I will explain how I experienced the banking-concept and the problem-posing education system. In one hand, I definitely agree with Freire about his thoughts of banking concept but in the other hand I do not. Let me tell you my experiences from Hungary and the United States, so that might give you a better understanding.

The relationship between the teacher and the student can be associated with two different methods of learning. Paulo Freire suggests the “The ‘Banking’ Concept of Education”, in which the teacher “fills the account” of the student with information and knowledge they have (318). Freire also explains the concept of “problem posing” learning that contradicts the “banking” concept. This way helps the student become more involved with their education, and they are able to become a more well-rounded student. But Freire ignores to add any supporting detail to his points based on how a student feels about each method of education. Determining the best way of an education is all

Freire speaks of how the banking concept has created a “false perception of reality.” (Freire 226) The nature of this method of education is to revoke any sort of independent thought from the student, allowing only the teacher to provide the lessons and conversational layout for a class. The method creates this false perception of reality for the students. Without additional perspectives, the students are only able to see the world though their teacher’s beliefs. This issue is very problematic due to the importance education plays developmentally on human beings. Much of what we learn throughout our lives sticks with us and becomes part of who we are. The problem with these false perceptions is they attempt to destroy the very essence of what makes humanity extraordinary; our ability to reason. Freire writes:

The math teacher was babbling on about how this specific formula worked and halfway through her example I noticed that she had made a mistake. I hesitated a hundred times before raising my hand. It felt almost wrong because usually no one spoke up unless they had to go to the bathroom or get a drink which we all know that was just an excuse so we didn’t have to hear the teacher talk about something we weren’t interested in at that moment. According to Freire, we were taught within the banking system of education to accept our ignorance as justifying the teacher’s existence (319). In other words, students were “trained” in a way to keep

The Bank of the United States is a symbol of the long held American fear of centralization and government control. The bank was an attempt to bring some stability and control and was successful at doing this. However, both times the bank was chartered, forces within the economy ultimately destroyed it. The fear of centralization and control was ultimately detrimental to the U.S. economy.

These extend from the TC and travel horizontally along walls, ceilings, or floors to the LAN work area.

The limitations to the estimates of customer profitability is the fact that we have no idea the distance delivered to each customer. This means that each delivery could cost a separate amount, therefore not bringing us to an effective delivery cost based on labor hours.

Many people don’t know what's the best bank for them in the future, so I am writing this to show what bank will be best for me in the future. I am going to talk about 4 banks that would be good for me. The 4 banks are 4Front credit union, Charlevoix State bank, Huntington, and 5/3rd bank. 4Front credit union will be open Monday through Friday 9:00A.M.-5:00. They are open on Saturday from 9:00A.M. to 1:00P.M. Some of the locations for 4Front are East Jordan, Boyne City, Petoskey, and Charlevoix. The next bank's hours that I’m talking about is Charlevoix State bank. The Charlevoix State bank will be open Monday through Thursday 9:00A.M, to 4:00P.M. Friday they are open at 9:00A.M. to 6:00P.M. Saturday they open at 9:00A.M. and close at noon.

Technological advancement has had a gigantic effect in the banking industry. Over the past few decades, the financial services industry has changed considerably with banking transforming from the pen and paper method to the computers and internet method. The pen and paper method took weeks or even months for the transaction to be eventually completed, and then the dramatic introduction of the computer and internet method which changed that time frame to only a matter of seconds to be completed, which reduced the amount of time and labor needed to complete a transaction significantly. Banking is considered one of the most important economic sectors with it being severely influential and responsive to any little change, whether it is domestic or international. Some extreme changes that were brought about by the development of this new technology turned into a globalized nature for the financial services industry. One stroke of a key on a computer could and would change a person 's life extensively or even have a global impact. The new technologies that were created and introduced changed how the consumers managed their money from that time on. Technology has helped to protect peoples’ hard earned money and make it much more impossible for people to be able to write out bad checks or even holding up a bank. The advancement in technology however, also came with some security risks as most things do, that could affect the money that people trusted with the bank and