Essay on How Oil Prices are Established - 1367 Words

How Oil Prices are Established Did you realize that at our current consumption of crude oil and at our current status of known reserves, we have approximately 40 years of reserves remaining? This is a startling fact when we take into account all the products that are produced from refined crude oil or from its by-products. Many people are aware of the price increases they feel at the gas pump, but has anyone ever considered the cost or investment put forth in finding new reserves? Under the right conditions, oil would sometimes seep up to the surface, but in our times, the search for new reserves is more costly and dangerous. When considering how the price of crude oil and its by-products are determined, one must first look at the†¦show more content†¦Through various news sources, there has been reported an increase in weather occurrences that cause temporary shortages in crude oil production. The largest of these occurrences has been from hurricanes. When a hurricane is reported and the path is determined to cross through offshore oil platforms, all production must be stopped and crews evacuated for their safety. Only once danger has passed, will production resume. This sometimes can be just a few days or longer, depending on if any damage has occurred. In 2005, the Gulf of Mexico experienced two hurricanes that devastated offshore and onshore oil production facilities. Offshore oil platforms were broken from their moorings and driven to shore, and onshore refineries suffered tremendous damage from flooding and high winds. Another weather occurrence that can have a dramatic influence on pricing is the onset of winter. Rather than winter weather causing supply shortages, the demand increases from consumers requiring fuels for heating. However, weather is not the only factor that influences pricing. With most of the known reserves currently producing and slowly depleting, the search for newer sources takes the producers into areas originally thought too harsh or uneconomic to tap. When the oil and gas industry was in its infancy, crude oil could be found in pools on the ground surface. This was caused by cracks in the geological formation. As crude oil isShow MoreRelatedEssay about Monopoly of Petroleum: OPEC1037 Words   |  5 PagesThis essay will discuss the monopoly of petroleum by The Organization Of Petroleum Exporting Countries (OPEC), particularly how it controls the price of petrol, threats to its monopoly and the social costs involved. OPEC was established in the 1960s and ever since, Saudi Arabia gained a reputation of being the major power of the organization. Saudi Arabia has the biggest oil reserves in the world and production costs lower than any country. 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Management Theory Respect to Stakeholders

Question: Discuss about the Management Theory for Respect to Stakeholders. Answer: Introduction In this assignment, critical evaluation of the chosen management theory is conducted. In the given case study, Australian National Security Company is facing a crisis as their supplier's delays to deliver the order. Thus, they used the contingency theory to solve the problem. The study analyses the theory and evaluates the usefulness with respect to stakeholders. Contingency theory Fred Fiedler developed the contingency theory in the 1960s. It is an organisational theory focus on the personality of a leader. The leadership styles observed in this theory are relation-motivated that is related to the interpersonal relations and task-motivated refers to the completion of tasks. Hanisch Wald (2012) stated that the factors that encompass the theory are a structure of the task, the position of power and the relation between the leader and members. Several external and internal factors affect the structural framework of the organisation. The factors are the leadership style adopted by the organisation, a size of the organisation, the ability of the organisation to adopt changes and the technology used. The least preferred coworker scale is used to measure the approach adopted by the managers, relationship-oriented or task-oriented. Practical application of contingency theory in relation to the case study In this case study, Australian National Security Co deal with a client that wants the system within next Monday (Jones et al., 2016). However, the supplier of the company is unable to deliver the order on time due delay in shipment. The manager of the company decides to adopt the principle of contingency theory that is based on the relation-motivated approach. They provide the client with a free service for a period of one month and 10% discount for a year. This satisfies the client. However, to compensate for this loss, the suppliers offer them to give 30% discount on the order. Fiedler (2015) opined that this type of discount is considered to act as a catalyst for an organisation. Similarly, the client could not refuse lucrative offer provided by Australian National Security Co. Both the suppliers and distributors adopt contingency theory that is based on customer satisfaction. Oreg Berson (2015) commented that customer satisfaction is an indication of customer loyalty and shows the repurchase ability of customers, reduces customers churn, is a point of differentiation, and increases the value of customers and help in retaining the existing customers. According to the case study, a reward system was used to retain the client and satisfy the need of the customer of both the supplier and distributor. Thus, customer satisfaction by using reward system help in maintaining a healthy relationship with its customer and it increases the value of its customers. Hill (2014) stated that the theory is a marketing strategy that encourages the customers to be loyal and repurchase from the company. According to the perspective of contingency theory, the change in environment is uncertain and unpredictable. It emphasises centralization. It permits changing the policies, rules and procedures of the company based on predictability and uncertainty. Bagozzi et al. (2014) sugg ested that different organisation units operate according to the varying environment for developing the internal characteristics of the company. The size of the company is an important variable in the contingency theory. In the case study, it was observesd that there are few people in the company because of which the manager controls the entire department. Thus, divisional structure is not applicable in this case. Evaluation of solution based on needs of stakeholders The only stakeholders in this case study are the customer for Australian National Security Co. and for the supplier the stakeholder is the company. The theory applied in this case, helped in retaining their respective customers. The lucrative reward offered by the supplier and the company is a strategy-adopted increase the value of the customer. Van de et al. (2013) opined that a stakeholder is an entity that is associated with the organisation that can affect or be affected by the action of the organisation. The perspective of stakeholder is a determining factor for the success of a business. The client of Australian National Security Co. is in need of service; however, the company fails to provide timely service to the client (Jones et al., 2016). The company cannot provide the service in the stipulated time thus, it can be seen that the client can switch to another company if the other company provides them better service. The contingency theory has certain disadvantage in its app roach. Although the theory appears to be simple where the manager acts according to the situation, however, in practice it is a complex approach (Sueldo, 2016). The analysis of a particular situation involves appropriate evaluation of a large number of variables that have multifarious dimension. Due to a shortage of time, the manager might ignore analysis of certain variables. In this case study, the manager resort for a reward system to the client for compensating the delay in delivery time that did not satisfy the key need of the client. According to McCleskey (2014), it could be a reason for disloyalty of the customer. The theory presents a problem in testing the perspective of the theory. For an appropriate testing, a methodology is required. There is a methodology present for evaluation of the theory; however, due to the presence of several variables it becomes difficult to test the effectiveness of the theory. It can be noted in the case study that the manager is unable to eva luate and analysis the situation properly due to a shortage of time. According to (ColariÄ -Jake, 2015) there are a different environment in different departments in an organisation. In the contingency theory, regardless of the size of the company the behaviour of employees is responsible for meeting the goals and needs of the client. As stated by (Eskerod, Huemann and Ringhofer, 2015), the freedom of decision-making ability of the employees can have a direct effect on meeting the objectives of the company by following the contingency theory. In this theory, there is no possibility or strategies for mitigating risks beforehand. Thus, it lacks skilled personnel led required for handling a project in a crisis. The manager is responsible for taking decision-related to the entire department in the company. Since the manager is responsible for taking all the decision in the company, it increases the pressure and workload of the manager. My opinion to handle this situation The Australian National Security Co. has faced an issue client while delivering the products and services towards the client. This company do not deliver products and services on time and as per the mentioned criteria of the clients. As a manager, I have to take some important decisions to satisfy the customers and to increase the customer base of this company. Therefore, Australian National Security Co. has implemented the Contingency theory for providing better services to the customers of this company. As per this theory, an organisation should always satisfy their customers, which can increase the profitability rate of the organisation . As the customers are not satisfied by the services of this company, I have to apply some strategic procedures and policies to attract the customers towards this company. If the customers are not satisfied with the services and products of the company, it affects the brand image of the organisation. It creates a negative effect towards the custome rs. This negative effect will reduce the customer base of the organisation. The authorities of Australian National Security Co. have to supervise the service process of this company for providing better services to the customers of this company. The management of this company should develop the quality of the delivery to attract the customer towards this company. This organisation should provide special offers to satisfy the customers. The discount, which is provided to the customers, can be a very useful strategy for this organisation to increase their customer base. As my opinion, the management of this company should create some training programme for the workers of this company so that they can improve their skills and knowledge for delivering services towards the customers effectively. The implementation of the Contingency theory in the Australian National Security Co. can motivate the workers to satisfy the customers of this company for increasing the brand image and the profi tability rate. This company can offer a free service to gain the attention of the customers towards this company. The Australian National Security Co. should implement policies, procedures and rules so that the workers can provide better services to satisfy the customers of this firm. As a manager of the Australian National Security Co., I have to determine some specific solutions for handling the workplace issues for satisfying the customer's needs and preferences. Conclusion Australian National Security Company is facing a crisis when the workers of this company delay to deliver the orders of the products and services from this company (Jones et al., 2016). For solving this problem, this company has taken the contingency theory to create some specific solution for satisfying the clients needs and preferences. In this assignment, the principles of Contingency theory are discussed to get a clear solution for solving the client-based problem in Australian National Security Company (KehrS, 2011). The positive and negative impacts are analysed here to implement this theory properly for improving the quality of providing services of this company. As a manager, some recommendations is given to develop the relevant skills and strategies for the further development of the Australian National Security Company. References Bagozzi, R.P., Wong, N., Abe, S. Bergami, M., 2014. Cultural and situational contingencies and the theory of reasoned action: Application to fast food restaurant consumption. Journal of Consumer Psychology, 9(2), pp.97-106. ColariÄ -Jake, L. (2015). Actor-Network Theory and Stakeholder Collaboration: The Case of Slovenia. MJSS. Eskerod, P., Huemann, M. and Ringhofer, C. (2015). Stakeholder Inclusiveness: Enriching Project Management with General Stakeholder Theory. Proj Mgmt Jrnl, 46(6), pp.42-53. Fiedler, F., 2015. Contingency theory of leadership. Organizational Behavior 1: Essential Theories of Motivation and Leadership, pp.232. Hanisch, B. and Wald, A. (2012). A Bibliometric View on the Use of Contingency Theory in Project Management Research. Proj Mgmt Jrnl, 43(3), pp.4-23. Jones, G., Avdelas, A., Hojo, L., Islam, S. and Dhamala, A. (2016). MGMT 100 Australian National Security Co.. [online] Facebook.com. Available at: https://www.facebook.com/l.php?u=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DNjxS2FSD2dsh=MAQHfwDxk [Accessed 21 Sep. 2016]. KehrS, J. (2011). Warfare Technique in the Encyclopdie : Contingency and the Travails of Theory. Australian Journal of French Studies, 48(2), pp.173-187. Hill, C.W., Jones, G.R. Schilling, M.A., (2014). Strategic management: theory: an integrated approach. Boston: Cengage Learning. McCleskey, J.A., 2014. Situational, Transformational, And Transactional Leadership And Leadership Development. Journal Of Business Studies Quarterly, 5(4), pp.117-131. Oreg, S. and Berson, Y. (2014). Personality and Charismatic Leadership in Context: The Moderating Role of Situational Stress. Personnel Psychology, 68(1), pp.49-77. Sueldo, M. (2016). The impact of integrated organizational communication on organizational sustainability. Management of Organizations: Systematic Research, 75, pp.121-140. Van de Ven, A., Ganco, M. and Hinings, C. (2013). Returning to the Frontier of Contingency Theory of Organizational and Institutional Designs. The Academy of Management Annals, 7(1), pp.393-440.

The Poetry of Sylvia Plath an Example of the Topic Personal Essays by

The Poetry of Sylvia Plath by Expert Suzzane | 28 Dec 2016 Confessional poetry experiences popularity in mid-twentieth century America. Included in the list of poets is the tragic talent, Sylvia Plath. Plaths brand of confessional poetry is pushing the genre to the extreme as she relates her innermost pain. Though some critics, like Langdon Hammer of the American journal Representations, think that Plaths poems are not autobiographical in the usual way(Hammer, Summer 2001, p. 68), her life itself shows that leading to her suicide, her final poems depict the increased appeal of death, and demonstrate more of her psychic pain(Sylvia Plath Homepage). It can be said that Sylvia Plath may have initially written poetry to become famous but her own poetry is the one that influences her life to the point that it intensifies her grief, ultimately leading to her suicide. Need essay sample on "The Poetry of Sylvia Plath" topic? We will write a custom essay sample specifically for you Proceed Sylvia Plath, born in Massachusetts to a middle class family in 1932, has written her earliest poetry at age eight, near the time when her father dies. Everything in her life has seemed so perfect and she herself is a perfectionist: an achiever and a model daughter. Plath insists on having it all, an idea that makes her ahead of her time(Hammer, Summer 2001, p. 66). This may be what feminists first find attractive about Plath. Nevertheless, her life is plagued by depression which some attribute to her fathers death and her familys financial insecurities. Undergraduates Very Often Tell EssayLab specialists: Who wants to write essay for me? Essay writers recommend: Get Help In Writing An Essay She constantly has had to worry about money and self-image. Her first suicide attempt occurs during her college years after a mental breakdown caused by over-fatigue; sleeping pills have almost finished her life right then and the world may not have known her darker poems and her autobiographical novel, The Bell Jar which is published in 1963(Sylvia Plath Homepage). Plaths earlier writings are described as studied and somewhat contrived. When still in school, money she gets for poetry is not considered earned the old fashioned way but won as competitive performance(Hammer, Summer 2001, p. 73). The money buys her opportunity to improve herself, most importantly the opportunity to go to Smith College. In college, Plath goes on to reconstruct her image into her idealized self which is also revealed through her poems. She is also very afraid of failing and jokes about killing herself if she does fail(Hammer, Summer 2001, p. 74), a sign of her continuous quest for perfection. During a time when other adolescents are discovering their place in the world by discovering themselves, Plath is constructing a new self through her poetry. She is not only a perfectionist, but she is also striving to perfect herself as she sees fit: Plath always writes about herself she thought so to, with dissatisfaction but this is a half-truth that misses the aim of Plaths writing, and her relation to it. Her writing was a mode of self-construction that employed, was not reducible to autobiography; she didnt want to record a self, but to bring one into being(Hammer, Summer 2001, p. 67). Sylvia Plath is known for the extremes of personal experience to which she pushed the lyric(Dickie, March 1993, p. 132). If that is the view in which Plath is seen by Margaret Dickie of the journal, American Literature, Hammer still argues that Plath has many lives, although he also believes that her 1965 published work, Ariel shows the real Sylvia Plath. On the other hand, she is capable of inventing several selves, selves that she wants people to see her as. This may have been because of her frustrations as a woman who is trying to be taken seriously. Later on, after having married the English poet, Ted Hughes and having given birth to two children, Sylvia Plath has to balance life as an academic, a poet, a mother and a wife. She gives up academics. There are other women who go through the same sense of wanting to go forward in a self-fulfilling career, but societys expectations on them as wives and mothers leave them frustrated. Anne Sexton, who is inspired by Sylvias poetry writes her own death-preoccupied poem and later on also commits suicide(Sylvia Plath Homepage). Being a frustrated housewife, she must have found a kindred spirit in Plath. The suicides are interpreted by feminists as Plaths response to the oppression of women while her critics denounces her as a shrew(Martin, 1973). Critics, such as Elizabeth Hardwick and Irving Howe, condemn her writings as self-indulgent and fascinated with hurt and damage and fury(Martin, 1973). They picture Plath as a spoiled brat who wants to be noticed and affirmed, consoled and pitied. Even Hammer describes her writing as histrionic like that of the writings of Edgar Allan Poe(Hammer, Summer 2001). Moreover, the critics believe that Plath should have not continued feeding her anger years after her fathers death. Meanwhile, since feminists recognize her work and death as a form of martyrdom, they believe that her death is a wakeup call to all of those who oppress women, whether physically or emotionally. However, continuing the train of thought that Plath is creating several lives for herself and that she has created these images of herself from her poetry, her preoccupation with the subject of death and the importance of self-image have lead to her suicide. Therefore, her suicide cannot be considered martyrdom. Plath is a prolific writer, whose brand of confessional poetry is different from other poets because she begins as a method writer who follows the rules of poetry writing and learns from the writings of other poets(Hammer, Summer 2001, pp. 76-77). She discovers her voice later in life, but tragically the topic of death has led to her own suicide in 1963. The pressures of reinventing herself and the lasting effects of her strained childhood and earlier mental breakdown have taken a toll on Sylvia Plath. Her sense of perfection has been tainted by marital problems, the recurring problem of poverty, limitation of women and not being able to achieve everything she has aimed for. She begins her poetic life with identities she wants to be attributed to her, but ends up revealing a glimpse of who she really is. It is unfortunate that not long after producing works that can be accurately described as confessional poetry, she ends her own life. References: Dickie, Margaret. "Seeing is Re-Seeing: Sylvia Plath and Elizabeth Bishop." American Literature (March 1993): 131-146. Hammer, Langdon. "Plath's Lives." Representations, No. 75. (Summer 2001): 61-88. Martin, Wendy. "'God's Lioness'--Sylvia Plath, Her Prose and Poetry." Women's Studies, Vol. 1 (1973): 191-198. Sylvia Plath Homepage. 11 December 2007 http://www.sylviaplath.de/>.

Questions Number One Essays - Economy, Distribution Of Wealth

Questions Number One Essays - Economy, Distribution Of Wealth Questions Number One In Canada individuals fall on the poverty line children/youth being born into a family of aboriginals, female long parents, individuals that have disabilities, recent immigrants or people of colour. Other ways individuals can create pathways to poverty is through life situations such as divorce, employment insecurity, and illnesses. that are most likely to experience poverty are adults and children that have physical and mental disabilities. According to the textbook Canada distributes less than 1% of GDP towards disability benefits resulting us at 17th place out of 20 OECD nations (Poverty in Canada, pg. 390). People with disabilities often must rely on such benefits due to being disadvantaged in employment opportunities and minimum wages. Recent immigrants from countries such as Somalia, Bangladesh, Afghanistan, and Ethiopian experience poverty in Canada. According to figure 3.3 of the textbook recent immigrants have the highest child poverty rates in comparison to aboriginals, ind ividuals with disabilities and children (Poverty in Canada, pg. 69) Members from the countries listed above tend to fall below the Statistics Canada "Low Income Cut-Off" the reason for such low income is mainly the result of discrimination and racism. Table 3.3 of the textbook states 27.4 recent immigrants earn income through low/minimum wages (Poverty in Canada, pg. 78). The social determinants of health these groups face that lead them further into poverty are employment insecurity and working condition. Aboriginals, people of colour and recent immigrants have lower paying jobs resulting to low income which leads to food insecurity. According to the textbook Social Determinants of Health, mothers tend to experience higher levels of food insecurity because they rather comprise their hunger for their child (Social Determinants of Health pg. 188). Other social determinants of health that lead further into poverty is education specifically early childhood education and care. A child's early development can help initiate a plate form for factors such as income, lifestyle, education levels and status producing a successful individual. Question Number Two Canadian policies have led many to poverty due to employment gap, the low-income gap, housing being on the rise, limited universal health provisions, support for individuals with disabilities is limited and child care benefit. However, it seems like public policy makers do not want to address poverty. During the lecture presented by Dr. Dennis Raphael the power points suggested that there are two approaches of considering public policy in Canada. One is the Marxist/materialist view where the government developed policies to serve the interests of economic elites such as owners and managers of large corporations focusing on maximizing their profit. The Marxist model suggests that elected officials focus on implementing policies in the best interest of economic elites. Resulting them to control the public agenda. Canada one of the richest developed countries in the world, however our welfare state is poor compared to other nations such as Denmark or Sweden. The reason of how these policies are related to the form of the Canadian welfare state is mainly because either the consensus model where the welfare state is the result of the democratic policy making that responded to the governments through a pluralistic view with equality and justice (Poverty in Canada, pg.441). Or, the conflict model where the welfare state is through social movements of groups such as working individuals fighting for their rights of freedom. According to the textbook the reason why many Canadians are living in poverty is because Canada policies result in high poverty rates are mainly due to the political ideologies and economic elite's interests (Canada in Poverty, pg. 442). Having low uniunization rate results to greater the poverty rate because they hold influence on electing the representatives of Canada. For exam ple, Box 14.1 of chapter fourteen, majority of the workers in food banks are volunteers Question Number Three According to the textbook Social Determinants of Health the higher the income levels the better health they have and they tend to live longer than individuals in poverty or the middle class (Social Determinants of Health pg. 99). When living in poverty one is always stressed as how to how they will manage to pay their bills through their low employment income or through their benefits. Often these individuals must cut down their daily food

Women's Right to Contraceptives Research Paper Example | Topics and Well Written Essays - 1250 words

Women's Right to Contraceptives - Research Paper Example Their core argument entails, â€Å"no regime has the right to dictate what women should do in their privacy† (Unitarian Universalist Association of Congregations). However, numerous states globally have intruded into the privacy of the female gender despite advocating for a person’s autonomy and privacy. For instance, in US Universalist Association of Congregations -UUA has observed how the judicial system overturned the contraceptive issue despite having full information regarding women’s sufferings. This is regardless of its mandate of safeguarding people’s rights. Currently, debates concerning women’s freedom over their bodies have not ceased though compared to the past; pioneers have made some significant tremendous steps. These encompass legalization of abortion and to some extent women allowed to use contraceptives except by a few religious groups like Catholics. States’ regimes and diverse religions that update resent the issue of wome n using contraceptives ought to change by granting women to enjoy their reproductive rights (Sanger). This is because no one understands better what woman experiences in her life except herself. Studies have shown how repressive laws and religious teachings governing women reproductive rights in the past have dehumanized the female gender (Unitarian Universalist Association of Congregations). This is especially during unwanted or multiple pregnancies where some women due to unfavorable conditions they face, result to aborting in dark alleys and streets. Hence, this risks their lives because they usually carry abortion both in private and poor conditions (Sanger). Conversely, things have at least improved where the relevant authorities have pushed for enacting and recognition of women reproductive rights especially by the states’ regimes. Religions especially Catholic has vehemently rejected the pioneers’ call for allowing its congregation to use contraceptives citing t hat, the norm is against their teachings.  

Kung Fu Panda and Frankenstein Movie Review Example | Topics and Well Written Essays - 1000 words

Kung Fu Panda and Frankenstein - Movie Review Example But before they know it, the vengeful and treacherous snow leopard Tai Lung is headed their way, and it's up to Po to defend everyone from the oncoming threat. Can he turn his dreams of becoming a Kung Fu master into reality Po puts his heart - and his girth - into the task, and the unlikely hero ultimately finds that his greatest weaknesses turn out to be his greatest strength" (Moviefone). With this, it has become apparent that some people are not comfortable with solitary because they have to discover themselves as shown in the movie "Kung Fu Panda, however being alone means finding one self to be complete. Finally, being in solitary is finding happiness with one's self. Along with that, in "The Rewards of Living a Solitary Life," the writer embraces the idea of solitary since being alone can be rewarding as shown by the character Po. It is explained being in solitary can help a person to love themselves and find out what makes them happy even though it is a scary experience. Furthermore, the essay and novel also show that most people are afraid of what they may find out about themselves. What had he been afraid of, I asked myself That, ... His every perception will come to him with a new freshness and, for a time, seem startlingly original. For anyone who can see things for himself with a naked eye becomes, for a moment or two, something of a genius. With another human being present vision becomes double vision, inevitably. We are busy wondering, what does my companion see or think of this, and what do I think of it The original impact gets lost, or diffused (The Rewards of Living a Solitary Life). With this evidence, a person in solitary can find or discover ideas that they thought that were lost. Solitary gives people enlightenment on whatever their minds wander off to, which some find frightful since it is a part of the unknown. "I think the true test of a genius is the ability to see the follies of one's own times. The ability to change one's own times is the true test of a leader. And the ability to do both is the true test of a visionary who will never be elected" (Islam). It is about discovery of one's self, which the character, Po in "Kung Fu Panda finally accomplished this when he stopped fearing to be alone. Being a loner causes one to get real with himself and face the truth of what and who he is. It also gives him the opportunity to do the soul searching that is necessary to correct those things that he doesn't like about himself. Some people chose to be alone others are alone because no one wants anything to do with them (Being solitary.. promotes a kind of maturity and wisdom which would normally take much longer) FrankensteinIn today's world, not everything is not black and white; there is a gray area. This means what is right for one person might not be right for someone else. Everyone is

Plantation Crops and the Slavery System Essay Example for Free

Plantation Crops and the Slavery System Essay Plantation crops and the slavery system changed between 1800 and 1860 because of the industrial revolution. After the Philadelphia Constitutional Convention, the Southern states were granted freedom to decide about the legality of slavery. At this point in time, the cotton production was very low and there were around 700,000 slaves in the whole country. Cotton changed the course of the American economic and racial future, because of the mass production of textiles. The cotton quantities increased considerably. The South was producing and exporting over sixty- seven percent of the world’s cotton by 1840 which gave the region strong economic power. As the cotton production continued to grow it required more manpower or slaves. The supply of slaves needed for growing of such production was restricted, making slaves more valuable resulting in the domestic slave trade. The domestic slave trade emerged as a crucial commercial enterprise during the 1800 and 1860, which resulted in white planters looking for new slaves in the upper South states. (Henretta, Edwards, and Self 2012, 352-359) â€Å"For white planters, the interstate trade in slaves was lucrative; it pumped money into the declining Chesapeake economy and provided young workers for the expanding plantations of the cotton belt. For blacks, it was a traumatic journey, a new Middle Passage that broke up their families and communities. â€Å"Arise, Arise and weep no more, dry up your tears; we shall part no more,† the slaves sing hopefully as they journey to new lives in Tennessee.† (Henretta, Edwards, and Self 2012, 358) The domestic slave trade emerged as a crucial commercial enterprise operating through a coastal and inland. The coastal system sent slaves to the sugar plantations in Louisiana and the inland to cotton plantations. The domestic slave trade was crucial for the prosperity of the southern economy. It was an important resource to raise money and help support the economy of the Upper South. (Henretta, Edwards, and Self 2012, 352-359) References Henretta, J. A., Edwards, R., Self, R. O. (2012). America: A Concise History, Volume One: To 1877, 5th Edition. Boston: Bedford/St. Martins.