Acids and bases Essay Example | Topics and Well Written Essays - 500 words

Acids and bases - Essay Example Acids and bases exhibit different sets of properties that classify them along the pH scale. Concentration of hydrogen ions in aqueous acidic solutions classifies the substances bellow pH value of seven, neutral state, while hydroxide ions concentration classifies alkaline solutions above seven in the pH scale. Presence of cat ions and anions in the basic and acidic solutions, as chemical properties, allows for reaction between acids and bases to form ionic salts and covalently bonded water molecules. Acids also react with metals and carbonates to form salts together with hydrogen gas and water and carbon (IV) oxide respectively (Moore, p. 171; CK-12, p. n.p.). Hydrochloric acid for example reacts with sodium hydroxide to yield sodium chloride and water. Similarly, zinc reacts with hydrochloric acid to form zinc chloride and hydrogen gas (Moore, p. 171; CK-12, p. n.p.). Acids and bases have different sets of properties that can be used to investigate them. Effects of the properties such as the corrosive nature of acids can physically indicate their presence. Acids also have a characteristic sourness and turn a litmus paper to red, a feature that used to test for acidity (Files, p. 1). Moore explains that acids have a corrosive effect that burns the skin. The chemicals also react with metals to form salt and hydrogen as shown bellow. Similarly, acids react with carbonates to form salt, water, and carbon (IV) oxide and with bases to form salt and water. Sodium hydroxide for example react with hydrochloric acid forming sodium chloride and water while hydrochloric acid reacts with calcium carbonate to form calcium chloride, carbon (IV) oxide and water as shown bellow. Bases however, â€Å"taste bitter, feel slippery on the skin, react with oil and greases, react with litmus paper and turn it blue† and form salt and water upon reaction with

Banking Industry in Recession Coursework Example | Topics and Well Written Essays - 2000 words

Banking Industry in Recession - Coursework Example Since that time, concerned officials have been attempting to come up with solutions to the difficulties that the banking industry as well as the global financial system is facing. The banking industry has also been going through a process of reformation lasting over two decades. Market liberalisation, as well as the induction of latest information technologies led to a strong trade growth resulting in several mergers and acquisitions in addition to off shoring potential. Seeing the trends of previous years, reformation in financial institutions is persistent. Reducing the consequences of this recession has been easier for nations and workplaces with well-built channel of communication (Downey, p. 94, 2011). The recession started several mutual projects of social associates. During the year 2009, 93 percent of the companies within the banking industry initiated joint bargaining against an average of 84 percent within other industries. Another consideration within the banking industry is that a works council covers 97 percent of companies that have more than 50 workers. Markets will have to go through a period of reformation to consider the facts of the impact of recession. Bank liquidity is currently known as being a lot more significant within the banking concept than in the previous years, when banks gave unsatisfactory attention to the need to expand financing sources. Market participants should become responsive to the changing wave within the banking industry as well as adjust their policy and approach consequently. A need for stronger guideline is predictable as an increase in guideline is the rational outcome of a recession. Now, there is only the aim to inflict more guidelines on the banking industry although its precise form is not as confirmed yet. The most competent approach would be for the United States as well as for the European Union to synchronize their course of action; or else, â€Å"banks will concentrate operations in the jurisdiction with the least restrictive regime† (McLean, p. 36, 2010). In the initial instance, the market requires to stay away from the development of another ‘Shadow Banking system’. Moving ahead, one can look ahead to that any organization that takes influential positions within financial instruments will be positioned under the control of the state supervisory body. Any business or legal entity that operates like a bank or operates like a channel for a bank will be put through the regulatory system. Barclays resisted the financial recession by declaring solid returns; regardless of the banking industry recession, Barclays made pre-tax returns of ? 1.6 billion during the last quarter in the year 2009. This takes its earnings of the same year to ? 4,646 - 18 percent less than a year ago - because of ? 5.9 billion of bad debts (McLean, p. 36, 2010). However, while Barclay's United Kingdom retail section witnessed returns tumble, its investment as well as commercial banking divisi on goes on to do well. Moreover, with the profits from the sale of its International Shareholders division still to come, Britain's second largest bank seems to heading in the right direction for a record-breaking year.