Response Assignment Example | Topics and Well Written Essays - 250 words - 21

Response - Assignment Example Through such kind of networks, the fellows can thrive in most if not all of their endeavors. For instance, "20 Under 20 Thiel Fellowship" played a significant role in Ritesh Agarwal success (Velayanikal, 2015). It gives the fellows the opportunity to escape boredom of being in classrooms. That is, it serves as an alternative to college as a way for better life (Constine, 2014). I believe that Thiel Fellowship makes one to face the reality of life instead of the theoretical practice in classes. It gives one an opportunity to face life challenges such as starting a business and become innovative enough to address them. It does not only provide employment ideas, but develops one as a person to be able to make their decisions (Imam, 2014). Another reason that would make me join the fellowship is because there is a proof of success among those who joined first. Eden Full, who left Princeton to start SunSlauter, is a good example (Kim, 2015). Her business now has branches in 15 countries and a factory in India. Even though, some have failed in the program, the success shows that there is hope in it (Hindman, 2012). In conclusion, I would accept Thiel Fellowship opportunity if given a chance since it has more pros than cons. I do believe that failure among some of the individuals is the same way even in education others do fail. The financial support and mentorship is enough for a young person’s success. Constine, J. (2014). Correction: 20 Under 20 Thiel Fellowship Did Not Up Age Limit To 23, But Maybe It Should. Retrieved from http://techcrunch.com/2014/10/10/thiel-fellowship- twenty-under-twenty-three/ Kim, E. (2015). Billionaire Investor Peter Thiel’s Plan to Pay College Students To Drop Out is Showing Mixed Result. Retrieved from

Deng Xiaoping declared his reforms in 1970 socialism with Chinese Essay

Deng Xiaoping declared his reforms in 1970 socialism with Chinese characteristics what was the agenda for the ccp in the deng - Essay Example Also, during that period, agricultural and industrial productions in the country were very low. Meanwhile, the country only received little assistance from its ally, Russia (Clements, 2006). Deng Xiaoping inherited this situation. After Mao, Deng became the leader of China. Although both Mao and Deng have the same political party affiliation, the Communist Party of China (CPC), they have different techniques in governing the country. Under Deng’s leadership, there was a substantial change in China’s economic policies. Deng introduced the main aim of his administration. He described his reform as â€Å"socialism with Chinese Characteristics† (Liu, 2004). Apparently, under this principle, the members of the society are given more importance. He cited â€Å"material base and material production† as the ultimate foundation of socialism. Socialism with Chinese characteristics refers to the combination of basic ideas of scientific socialism and the facts of buil ding socialism in the Chinese community (Anon., 2007). Stated in another sense, socialism is the rule that governs the society as a whole. In scientific socialism, the ways of finding solution to economic and political problems are scientific. A particular social or economic problem is examined scientifically so as to come up with the most appropriate and practicable solution. This is in contrast with Mao’s Utopian socialism. ... In the words of Thayer Watkins (n.d.), in formulating the Four Modernizations, what Deng meant is simply the electrification of rural areas, automation of industries, introduction of a whole new economic outlook and the enhancement of national defense. Significantly, in the agricultural aspect, Deng established a new mechanism that would replace the commune system. This new system pertains to the contract responsibility system. Under this system, the peasants were to make an agreement with the Chinese government with regard to the production and trading of certain amount of commodities at low prices (Koo, 1990). In other words, the peasant must agree to till the land, produce crops and sell them to the government for a low price. However, as to the agreement, a certain quantity was required by the government. After the peasant could fulfill the agreement, they can then sell their products in the market as to any price (Koo, 1990). This mechanism had inspired the farmers to plant and produce more. As such, the agricultural production in China had increased abruptly. The increase went up to eight percent as compared to the previous year (Anon., n.d.). With regard to the second aspect, industry, Deng wanted the members of the Chinese society to spend more financial resource on consumer goods (Anon., n.d.). This began the consumerism attitude of the Chinese people. In such case, the Chinese government shifted its focus to light industry. To note, when Mao was the leader, he focused on heavy industry. In contrast, Deng was able to realize that consumerism is more advantageous than anything else. He could have observed that most people buy the things that they