Saturday, January 25, 2020

Economic Factors And Consumer Durable Goods

Economic Factors And Consumer Durable Goods INTRODUCTION TO CONSUMER DURABLE GOODS In  economics, a  durable good  or a  hard good  is a  good  that does not quickly wear out, or more specifically, one that yields  utility  over time rather than being completely  consumed  in one use. Items like  bricks  could be considered perfectly durable goods, because they should theoretically never wear out. Highly durable goods such as  refrigerators,  cars, or  mobile phones  usually continue to be useful for three or more years of use,[1]  so durable goods are typically characterized by long periods between successive purchases. This industry includes all those goods which are durable i.e. products whose life expectancy is at least 3 years The consumer durables industry can be broadly classified into two segments: Consumer Electronics and Consumer Appliances. Consumer Appliances can be further categorized into Brown Goods and White Goods. The key product lines under each segment are as follows. White Goods Kitchen Appliances Refrigerators Washing Machines Air-conditioners Speakers and Audio Equipme Sewing Machine Watches And Clocks Kitchen Appliances / Brown Goods Consumer Electronics Mixers Grinders Microwave Ovens Iron Electric Fans Cooking Range Chimneys Electronic Fans Consumer Electronics Mobile Phones Televisions MP3 Players DVD Players iPad Personal computers Audio and video system Camcorders Common example of customer durables in the possession of most households is appliances. These items may include ovens, refrigerators, toasters, and gas or electric water heaters. Consumer durables of this type are intended for use on a continuing basis, and often are sold with some type of warranty or service contract that helps to ensure the appliance will continue working for an appreciable period of time. The family car is also understood to be among the various consumer durables owned by many households. Considered a major investment by many consumers, the expectation is that the vehicle will remain operational for at least the amount of time it takes for the consumer to pay off any loans associated with the acquisition. Further, consumers anticipate that the vehicle can be utilized on a regular basis without fear of being destroyed by the frequent usage. ECONOMY ANALYSIS Economic analysis deals with the analysis of forces operating in the overall economy. In the security analysis, the expected course of the economy must be enquired into because overall economic conditions and economic activities affect corporate profits and investors expectations and thereby affect the security prices in the capital market. Economic analysis has an important role in the investment decisions. If the economic analysis shows strong and vibrant economic conditions, investors will buy the shares in expectation of earning capital profits at a later stage. An expectation of sagging economic conditions can lead to lower corporate profits and the security price will fall resulting from the selling pressure. The economic analysis helps to identify whether the economic climate is conducive or not for the growth of the business in general. It is imperative to note that when economy grows, all industries are expected to benefit. In case of weak economies, industries struggle to survive. PORTERS FIVE FORCE MODEL ECONOMIC FORECASTING: An investor is interested in forecasting the expected performance of the economy in general and its effect on the performance of a particular industry or on a particular company. Thus, economic forecasting gains a place of prime relevance in the economy analysis. The outlook for the industries and companies depends on the outlook for the economy. A security analyst may start with the forecast of Gross Domestic Product (GDP) which is a measure of national income and is defined as the value of total goods and services produced in the economy in one year. An analysis of the components of GDP and how these components are related to the performance of industries and companies is also required. Economic Factors to be Considered before Investing in Consumer Durable Goods GDP (GROSS DOMESTIC PRODUCT) Gross domestic product  (GDP) is the  market value  of all officially recognized final goods and services produced within a country in a given period. GDP  per capita  is often considered an indicator of a countrys  standard of living The Gross Domestic Product (GDP) in India was worth 1847.98 billion US dollars in 2011, according to a report published by the World Bank. The GDP value of India is roughly equivalent to 2.98 percent of the world economy. Historically, from 1960 until 2011, India GDP averaged 368.84 billion USD reaching an all time high of 1847.98 billion USD in December of 2011 and a record low of 36.61 billion USD in December of 1960. The gross domestic product (GDP) measures of national income and output for a given countrys economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Change in GDP results on account of: Change in availability of resources. Change in usage of these resources, and Change in efficiency with which factors of production are used. GDP indicates the performance of the economy during the period. An increasing trend in GDP tells about an expanding economy which provides a lot of opportunities to the firms to increase the level of activities and to increase the earnings. There are two other measures, Gross National Product and Net National Product which are also indicators of economic activity. EMPLOYMENT Employment  is a  contract  between two  parties, one being the  employer  and the other being the  employee. The demand for consumer durables has been rising with the increase in disposable income coupled with more and more consumers falling under the double income families. Also, the growing Indian middle-class plays a major role in increasing the demand. This, along with a fall in the prices of durable goods mainly due to the advancement of technology, easy import of components has led to an increase in the consumption expenditure on durable goods INTEREST RATES Interest rates directly affect the cost of funds to the industry. Higher inters rates increase the cost of funds and thus squeezes the income of companies. On the other hand, a lower interest rate reduces the cost of funds resulting in higher profit. There are several reasons for change in interest rates such as monetary policy, fiscal policy, inflation rate, etc. Irrespective of the reasons for change in interest rates, the investment pattern in the economy is affected by the change in interestrates; the interest rates affect the opportunity cost of the investors also, thus affecting the bond and equity prices. So, the changes in interest rates have repercussion on the profit of the companies as well as on the market prices of securities. There are several indicators of interest rates. These are interest rates in the call money market or the bank rate or the prime lending rate of the lending institutions. Consumer financing has become a major driver in the consumer durables industry . In the case of more expensive consumer goods, such as refrigerators, washing machines, color televisions retailers are marketing their goods more aggressively by providing easy financing options to the consumers by partnering with banks. INFLATION Inflation refers to a general rise in prices measured against a standard level of purchasing power. Inflationary pressure in the economy affects (decreases) the purchasing power of the consumers and thus has a considerable impact on the performance and profitability of companies. High inflation rate can be considered as an indication for slower growth rate and low inflation rate can be taken as a positive sign for an expansionary phase. Inflation has a relationship with capital market as well. During inflation, the nominal required rate of return of investors goes up resulting in the decrease in bond and equity prices. Inflation can be measured in terms of wholesale index or consumer price index. An analysis of these indices will indicate the economic conditions expected to prevail. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. BUSINESS CYCLES Business cycles refer to cyclical movement in the economic activity in a country as a whole. An economy marching towards prosperity passes through different phases, each known as a component of a business cycle. These phases are generally designated as depression, recovery, boom and recession. Interest rates and inflation rates are high. Individual companies face different degrees of economic crises. There is a heavy pressure on their profitability resulting in lesser and lesser dividend payout and reinvestment activities. Companies even forced to shut down some of the plants. Some industries Show above-average response and tend to outperform the economy. These include capital goods industries such as consumer durables. The demand for these goods is generally deferred during recession period. But during the recovery, the demand pattern outperforms the general demand level. However, during the same period, industries dealing with essential commodities such as food, are less responsive . On the other hand, these industries would tend to outperform the general level during the recession period MONETARY POLICY, MONEY SUPPLY AND LIQUIDITY The liquidity in the economy depends upon the money supply which is regulated by monetary policy of the government. Reserve Bank of India has been adopting several measures to regulate the money supply and liquidity in the economy. Business firms require funds for expansion projects. The capacity to raise funds from the market is affected by the liquidity position in the economy. The monetary policy is designed with an objective to maintain a balance in liquidity position. Neither the excess liquidity nor the shortage is desirable. The shortage of liquidity will tend to increase the interest rates while the excess will result in inflation. Monetary supply and monetary environment affect share prices through affecting the discounting rate. An easy monetary policy is expected to result in decreasing discount rate. Money supply also affects the real economy through Change in growth in demand level, Change in growth of supply position OTHER FACTORS Besides the factors mentioned, there are cartain other factors which should also kept in mind while economic analysis. Some of these factors are:- Cheap imports from Asian Countries: The cheap imports of consumer durable products from countries like China, Singapore etc is a major concern. Increasing competition: Presence of a large number of players in each segment leads to high rivalry. Also, the unorganized market is yet very strong in the case of many consumer durable goods. The pie of the unorganized sector is relatively large in most of the segments, hence increasing the competition. Fluctuating raw material prices: Rising input costs of raw materials viz. copper, steel, aluminum and plastic the major raw materials required for this industry will severely put pressures on margins. Unfavorable Duty Structure: Top players in the consumer durables industry have been demanding a more favorable import duty on durable components imported by them. Take the case of LCDs which is the fastest growing segment right now the industry has beendemanding a reduction in the import duty. Contrary to this is the case of set top boxes, where 80% of the set top boxes are imported. The industry has been recommending that the custom duty on STB should be increased by 5% to 10% in order to boost domestic manufacturing. Continuously changing technology; a challenge: The consumer durables sector faces the challenge of a continuous change in technology and the inability to cope with it. High-end consumers prefer changing their goods along with the up-gradation of technology and manufacturers have to make sure they cater to this requirement. CONCLUSION The outlook for the industries and companies depends on the outlook for the economy. If the outlook in the economy is bright and upbeat, this may be considered as good indicator of growing profit of the firm. The general optimism is reflected in the security prices. The linkage in economic environment and the security prices is obvious and critical. This analysis helps to decide when to invest and where to invest. The Indian market is fast moving towards high-end products and the importance of media and entertainment is growing among the young market. The consumer durables industry needs to constantly focus on innovation and needs to come out with product variations across categories to meet the different expectations of a varied class of customers. With easy availability of finance, fall in prices due to increased competition, growth of media, growth in consumer base of rural sector, the consumer durables industry is growing at a fast pace. Given these factors, a good growth is proj ected in the future, too.

Friday, January 17, 2020

Sociology Marriage and Divorce

Sociology – Family Unit – Marriage and Divorce Most people argue that the family is in ‘crisis’. They point to the rapidly increasing divorce rate, cohabitation, illegitimacy and number of single parent families. What is happening to Marriage? Marriage has increased in popularity, reaching a peak in 1971. Since then there has been a significant decline in the number of marriages, from 459000 in 1971 to 250000 in 2001. There is a decline in first marriages where neither partner has been married before.But there is a growing number of remarriages, in which one or both partners have been divorced; these marriages constitute 15% of all marriages in 1971 and 40% in 1996. The average age at which people first marry has steadily increased in recent decades. Since 1971 it has risen from 24 to 30 for men and from 22 to 28 for women. By 1998 there were relatively few young people who were married. Of those under the age of 24 just 3% of men and 7% of women were marri ed. More than one third of all 18 – 49 year old women are now single.Is Marriage still the Norm? Despite all the arguments about the decline of marriage, it continues to be the case that most people in Britain grow up and form a nuclear family for part of their adult life. Most couples who get married or have stable cohabitation relationships have children. The family unit is still mainly one in which children are brought up by two ‘parents’. The majority (71%) of young people live in families headed by a couple. Just less than a quarter (24%) live in single parent households.The majority of lone-parent families (90%) are headed by women, and the major reason is separation or divorce from the male partner, although some women are single or widowed. Cohabitation is most likely to be found among those aged 25 – 34 years. Over one in five (22%) in this age group currently cohabit. The majority (59%) of those who live together subsequently go on to marry that partner. In some respects marriage is more popular because people marry more often. The percentage of remarriage has risen from 14% in 1961 to 40% in 1996. Cohabitation Living together as a couple is no longer seen as ‘living in sin’. Read also  Sociology and Social Integration.Increasingly the idea of cohabiting is being viewed as respectable. Two thirds (67%) of the British public now regard cohabitation as acceptable, even when the couple have no intention in getting married. The idea that people should get married if they have children is also fading away. In 1989, 7 in 10 people held this view. By 2001 the proportion had fallen to just over half (54%). Nor is there much support these days for the belief that married couples make better parents – only 1 in 4 (27%) think this is the case. Marriage Patterns for African-Caribbean’s and AsiansResearch carried out at Essex University in 2000 indicates that only 39% of British-born African-Caribbean adults under the age of 60 are in a formal marriage compared with 60% of white adults. Moreover this group is more likely than any other group to inter-marry. The number of mixed-race partnerships means that very few African-Caribbean men and women are ma rried to each other. Only one quarter of Caribbean children live with two black parents. There is also a tradition of women living independently from their children’s father in the African-Caribbean community.This could be partly explained historically, from the days of slavery, when husbands and wives were sold to separate plantations. But Wilson (1987) argues that a black woman may be reluctant to marry (or live with) a man whose chances of getting / keeping a job are low and make him an unreliable source of income for themselves and their children. Consequently half of Caribbean families with children are now single parents. Marriage in Asian families whether Muslim, Hindu or Sikh is mainly arranged and consequently there is little inter-marriage with other religions or cultures.Relationships between Asian parents and their children are also very different, Asian children tend to respect religious and cultural traditions and they feel a strong sense of duty to their famili es and especially their elders. Taken as a whole young British Asians have more choice and say than previous generations. Their current situation is probably not dramatically different from that of young no-Asian adults who, while choosing their marital partners on the basis of romantic love, often marry people very similar to themselves in terms of background factors such as social class and educational qualifications.Parental influence may be less direct than in an arranged marriage, but parents can show disapproval on ‘inappropriate’ boyfriends or girlfriends. What are the Patterns in Divorce? From 1971 to 1996 the number of divorces has more than doubled. In 1991 there were 350000 marriages but 171000 divorces meaning that there were nearly half as many divorces as marriages. The proportion of marriages, which are remarriages, has also been rising, for example 15% of all marriages in 1961 were re-marriages for one or both partners; by 1991 this figure has risen to 3 6%.Britain has the highest divorce rate in Europe according to official EU statistics (Eurostat, June 2001). Each year, 2. 7 people per thousand of the population get divorced in Britain compared with the EU average of 1. 8 per thousand. Who Divorces? Young spouses and young marriages are most at risk. A person’s age at marriage is strongly associated with the likelihood of divorce. Generally speaking, the older people are when they marry, the less chance they have of divorcing. Couples who marry in their teens are almost twice as likely to divorce as those who marry between the ages of 20 and 24.The divorce rate also varies by the amount of time the marriage has lasted. For example, in 1979 nearly half of all divorces occurred within the first 10 years. One investigation (Thornes and Collard, 1979) found that of all marital separations (rather than legal divorces), 60% occurred before the 10th year of marriage. Social class is also closely related to the incidence of divorce . The divorce rate for unskilled husbands is more than four times that for professionals and for the unemployed, almost five times that for the professionals.Patterns in Marriage and Divorce Feminist sociologists see the trends as a sign of the lack of satisfaction provided by traditional patriarchal marriage, with individuals seeking alternative types of relationships and living arrangements. New Right thinkers have seen the trends as a sign of the breakdown of the family and have argued for a return to ‘traditional values’. They suggest that because of the easy availability of divorce, people are no longer as committed to the family as they were in the past.Changes in legislation which have made divorce easier but also social changes in which the law reflect are seen as the main causes of the increase in divorce rates. Have Women Broken up the Family? The position of women has changed in a number of ways, such as the wife does not have to put up with an unsatisfactory marriage; they are not expected to be socially subservient to their husbands. Women now have more independence and are in a better financial position if they were to want a divorce; they are no longer totally reliant on their husbands.It was stated that women in general are less satisfied with their marriages than men. In the 1990’s women initiated the majority of divorces. Growing Secularisation Secularisation refers to the declining influence of religious beliefs and institutions. Goode and Gibson argued that secularisation has resulted in marriage becoming less o a sacred, spiritual union and more a personal and practical commitment. Evidence that supports this is that 60% of marriages today do not involve a religious ceremony. Changing Social AttitudesDivorce has become more socially acceptable and there is less social disapproval and stigma attached to divorces. It no longer hinders careers through a public sense of scandal and outrage. As a result of this people are le ss afraid of the consequences of divorce and are more likely to end an unhappy marriage. Functionalists such as Talcott Parsons and Renoald Fletcher argue that the increased value of marriage may have caused a rise in marital breakdown. As people expect and demand more from a marriage and expect it to be perfect.Fletcher argues that a relatively high divorce rate may be indicative not of lower but of higher standards of marriage in society. Privatised Marriages Allan argues that the family has become increasingly defined as a private institution. The wider family, and society at large, do not have the right to interfere in family life and therefore the family unit is not supported by its integration into a wider social network, which means family problems cannot be so easily shared. Love and Marriage – Why are Arranged Marriages Stronger? Within an arranged marriage people have more realistic expectations than those who marry for love.People who support arranged marriages sug gest that love is something that develops overtime, where as romantic love is likely to change into something less exciting, or disappear altogether Sociology – Family Unit – Births and The Ageing Population Births One of the strongest trends has been the rise in illegitimacy. Illegitimacy rates are rising, as more people have children without being married. Some of the stigma associated with illegitimacy no longer exists. This is countered by the New Right’s assault on unmarried mothers, who have been the scapegoat to a certain extent by the media who blame them for the modern failings of society.Unmarried mothers may not be that different to nuclear families as some of these children born outside of a marriage are born to a couple who cohabit or are in a stable relationship, so will therefore have the same advantages / life as a nuclear family child. It is just that the mother and father / couple are not legally married. More and more women are deciding not to have children, as they’d rather focus on / have a career. Having a career may also be the reason for women having children later on in their lives. The Ageing PopulationThe population as a whole are getting older as people are now living longer. This could be seen as a negative or a positive thing. According to the negative view this gives a greater dependence ratio whereby the working population have a greater burden to take care of those not working. Increased pressure on hospitals, social services and pensions will lead to a greater tax burden. On the positive side, it can be argued that since older people are now more likely to stay fit and healthy they may become an important part of our families (childcare for grandchildren) and as part of the voluntary workforce.Ginn and Arber found that the level to which older people could maintain their independence and play a constructive part in society depended to a large extent on their social class, gender and ethnicity. The n otion of ageing itself is a socially constructed concept that varies from culture to culture. The retirement age itself has moved several times and still varies between men and women reinforce the notion that old age is in itself a social construction.

Thursday, January 9, 2020

The Theme of Desire in The Alchemy of Desire Essay

Tarun Tejpal’s The Alchemy of Desire(2005) is a narrative about Desire .The novel opens with the quote: â€Å"Love is not the greatest glue between two people, Sex is† and ends with â€Å"Sex is not the greatest glue between two people, Love is†¦.† (The Alchemy of Desire, 3,518) Amid the quotes, Tarun Tejpal explores what he calls, â€Å"The Alchemy of Desire†. The word ‘Alchemy’ has a scientific origin which means creation, combination or transformation from something very original and base to very valuable.(Concise Oxford English Dictionary). The main aim is to explore the value of Desire. The desire which can foster jealousy, distraught, truth and hallucination reality. The story of the novel revolves around a young couple from a small town in India†¦show more content†¦The lowest level in Maslow’s Hierarchy is the Physiological needs. This includes hunger, thirst and sex. The next sets of needs to emerge are the Safety needs which include security, stability, dependency, protection from fear. Such needs are generally satisfied for most adults living in a hospitable society. The third sets of needs are the Belongingness and Love needs. These represent the need for friends, family and â€Å"affectionate relations with people in general.† The fourth level of the hierarchy includes Esteem needs –fame, status, dominance, attention and dignity. After experiencing all these stages the human mind attains the fifth stage i.e. Self-actualization or Self-realization .We begin from the First stage and move towards the Higher order needs for the betterment of our lives .Maslow stated that when all four of the basic, deficiency needs have been satisfied, â€Å" a new discontent and restlessness will soon develop , unless the individual is doing what he, individually is fitted for †¦what a man can be he must be†¦.† (Theories of Personalities , 450) Similarly Tarun Tejpal has also divided his novel into five parts –Prema : Love, Karma: Action, Artha : Money, Kama : Desire, Satya : Truth . These five parts of the novel acted as the five stages of needs for the narrator .Tarun Tejpal has taken kaleidoscopic view of desire – the desire in men for women , the desire in men for menShow MoreRelatedThe, Illusions, Visions And The Irrational All Stem From The Basis Of Surrealism1281 Words   |  6 Pagescollage. 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Wednesday, January 1, 2020

intimate partner violence - 1421 Words

Sociology of the Family December 10, 2013 Intimate partner violence among cohabitating or married couples A part of human nature is to form relationships with others in our society. We form these relationships to preserve ourselves and the greater good of mankind. These relationships we as humans form , are supposed to be synergistic to both parties that are involved in said relationship. Unfortunately, twenty-two percent of women and seven percent of men have been victims of intimate partner violence over the course of their lives (Seecombe,2012,pg.309). We must also take the statistical data with a grain of salt. Sadly, most cases of intimate partner violence go unreported due to people not wanting to get into what they believe to†¦show more content†¦Another consequence of all this violence is all the stress it causes. Chronic stress can lead to immune disorders as well as gastrointestinal problems. Victims of Intimate partner violence also often suffer from sleep disorders, depression, and anxiety. The victims are also more likely to partake in harmful substances like drugs or alcohol. (Seecombe 2012 pg. 312) If a mother or father is suffering for any of these many consequences, it seriously impairs their ability to be an adequate parent. There are many explanations of violence among intimate, which are on both the micro and the macro-level. The intergenerational transmission of violence perspective is a micro-level explanation of why some people commit these abusive acts. The perspective explores that violence is a learned behavior and that those who experience it as a child were more twenty percent more likely to abuse as adults. ( Seecombe 2012 pg.323) This also brings light to the startling fact the other eighty percent do not abuse as adults. The stress explanation, which is also a micro-level explanation, shows that families who are experiencing a great deal of stress are more likely to abuse their partners than those who have coping skills and seek counseling. If we look at the bigger, macro-level, explanations to this violence we begin to see worldlyShow MoreRelatedIntimate Partner Violence1364 Words   |  6 Pagesmurder. Intimate partner violence (IPV), the researcher’s coinage of domestic violence, occurs more than one would think and it is not singularly a United States problem but a global concern. Why and how is IPV a global concern in this modern era? Surely no woman in her right mind would choose to stay in an abusive relationship? Unfortunately, until recently, IPV has been running rampant, being overlooked as an issue just between partners, not a public health concern. 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She’s sitting next to you in class; she’s the lady that cashes your paycheck on Friday at the bank; she’s the nurse who gave you a tetanus shot; he’s the car salesman who sold you your car; he’s the guy your brother takes guitar lessons from; she’s the lesbian you met last week at the flower shop; he’s the gay guy who serves you pizza at the local pizzeria; maybe it’s your best friend, mother or father. UnfortunatelyRead MoreIntimate Relationship Of Intimate Partner Violence958 Words   |  4 Pages Intimate Partner Violence is a topic that I found highly interesting, due to knowing that in past relationships I have been a part of in the past. When I was 16 years old, I started my first serious relationship; at first I thought that it was a normal relationship. Until a Saturday night driving home, I got back handed in a vehicle for stating my opinion about raising our son; I had a swollen cheek and a cracked lip. He apologized immediately and said that it would never happen again, he was justRead MoreIntimate Partner And Sexual Violence1555 Words   |  7 PagesNational Intimate Partner and Sexual Violence 2010 survey, will provide statistical information on victims who experienced one or more violent crimes from their husband, wife, boyfriend or girlfriend. These crimes arrange from stalking, rape, to physical and mental abuse. It will examine the impact of intimate partner violence on gender, race, and ethnicity. This report will give an overview of health consequences and the implications for prevention for Intimate Partner and Sexual Violence. LastlyRead MoreIntimate Partner Violence And Women1166 Words   |  5 PagesIntimate partner violence (IPV) is described a psychological, emotional, sexual or physical harm to a person by their spouse or former partner (Breiding et al, 2015). National reports have revealed that about one in three women experience IPV (Sharron et al, 2015). Intimate partner violence is a growing epidemic in the United States. However, recent studies have focused on rural regions, such as Appalachia. A study conducted by Peek-Asa et al revealed that women in rural areas are more likely toRead MoreIntimate Partner Violence ( Tda )1654 Words   |  7 Pagesbegin with, Intimate Partner Violence (IPV) has been around for a very long time and it is still a present issue in the United States. There are many forms intimate partner violence such as, sexual, physical, emotional, and psychological. IPV occurs among all religious, socioeconomic, and cultural groups in the United States and other countries. As many people know intimate partner violence tends to come with consequences after the damage is done to the victim. Intimate partner violence does not justRead MoreIntimate Partner Violence And Sexual Violence2050 Words   |  9 PagesThis is a scholarly paper making focus on the very critical topic â€Å"Intimate Partner Violence†. Intimate Partner Violence has been considered to be as a significant public health problem in which various violence are included such as physical violence, sexual violence, stalking and psychological aggression getting by the aggrieved people from their current as well as future intimate partner. This problem has been considered as a very critical one as it impacts immediately and leaves the lifelong consequencesRead MoreWhat Is Intimate Partner Violence?1351 Words   |  6 PagesWhat is Intimate Partner Violence? If one has not lived through it, the meaning is unknown. When we hear the term, we tend to picture a woman covered in bruises. In reality, the damage is much worse. There is many long term effects that run deeper than the physical injuries (Giardino, 2010). Victims experience shame, isolation, detrimental physical and mental health consequences and financial stressor. This also causes dramatic effects on the families of the victims. This violence also affectsRead MoreDomestic Violence : Intimate Partner Violence2915 Words   |  12 Pages Domestic Violence: Intimate Partner Violence Healthy People 2020 Intimate partner abuse describes physical, sexual, and psychological harm by a current or former partner or spouse (Fanslow, McMahon, Saltzman, Shelley, 2002). Healthy people 2020 recognizes physical violence among intimate partners as a topic that should be addressed concerning injury and violence prevention in the United States (Healthy People 2020, 2014). Intimate Partner Abuse is an issue that often affects entire families