The day the machines went off

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Reference no: EM13749107

The written assignment for this week is to develop an outline of the Final Paper. A clear, concise, and organized outline will lead to an improved final product. You can review the requirements for the Final Paper under the Week Five tab. The Ashford Writing Center has a helpful tutorial on outlines. The outline should address all of the important aspects that you are going to cover in your paper which include:

Title Page in APA format.

Introduction

Provide your interpretation of the Week Five Final Paper Topic.

Body

List the subheadings from the final paper assignment instructions and include some preliminary thoughts for each item.

Conclusion

Speculate on what you may find.

Include a separate page with a list of References (at least three scholarly sources from the Ashford Online Library, in addition to the text) in

APA format that you intend to use.

The outline should total three to four pages including the title page, introduction, body, conclusion, and reference page.

The Day the Machines Went off

In your introduction, briefly describe the plot of a disaster movie in which an electromagnetic pulse causes the shutdown of all electronic equipment and financial activity to grind to a halt.

Then, using what you have learned during the course, from the text readings, and from scholarly sources, forecast the effects of such an event on financial institutions and the economy using the following prompts as a framework:

Hypothesize how the four functions of money would be missed.

Explain what the immediate effects would be on:

the rationing of goods,

employment,

demand for paper money.

demand for commodity money (e.g., gold),

production of goods and services

Speculate what emergency measures might be enacted to keep the economy running in lieu of having an organized banking system.

Identify and justify any incidents from history that tell us what we might expect if an electromagnetic pulse actually caused the shutdown of all electronic equipment and financial activity to grind to a halt.

Reference no: EM13749107

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