Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Get Access Reserve Bank of Australia Essay Sample In our mixed economy, there is a need for regulation and intervention on interest rates and the general level of economic activity. Their functions include; conducting monetary policy, acting as a banker to the government, settling transactions between banks, and ensuring financial stability.
Detail of a lithograph by John Skinner Prout showing the Cascades Female FactoryFemale factories in Australia housed convict women who were awaiting assignment, Reserve bank of australia essay or undergoing punishment.
They were called factories because the women were expected to work and because they also employed free working women. Task work was established in female factories inrequiring the occupants to do chores, needle-work and washing.
If extra work was done, the convict's sentence might be shortened. Conditions in these factories were miserable. In the Parramatta female factory the occupants were not given mattresses or blankets to sleep on and the social conditions inside were indecent.
The factory had room for only a third of the female prisoners; the rest had to find lodgings with the local settlers at some cost usually about four shillings a week. Their customers were usually the male convicts who came and left the factory as they pleased.
In Macquarie had ex-convict Francis Greenway create a new design for the factory. This new design had the inmates divided into three categories: The "merit" or first class comprised women who had been well behaved for at least six months and women who had recently arrived from England.
These girls were eligible to marry and eligible for assignment. The second or "general" class was made up of women who were sentenced for minor offences and could be transferred to the first class after a period of probation.
This class consisted of many women who had become pregnant during their assigned service. The factory at Parramatta was a source of wives for settlers and emancipated convicts.
With a written permit from the Reverend Samuel Marsden and a written note to the matrona bachelor could take his pick of a willing "factory lass. It was the objective of the British government to establish a colony in Australia rather than have it remain as a penal settlement.
This compelled the government to send more women to Australia as a way of establishing a native population. On the arrival of 'female' ships, colonists would swarm to the dock to bargain for a servant.
High-ranking officers had first pick. Some women were taken as mistressesothers as servants.
There were no legal ties for these assignments, so a settler could dismiss a convict woman freely. When this did occur, it created a class of woman who often resorted to prostitution in order to feed and house themselves properly.
Male convicts had the chance to select a bride from the female factories by a system called 'convict courtship'. The male convicts came to the female factories to inspect the women, who had to line up for the occasion.
If the male convict saw a woman that he liked, he made a motion at her to signal that he wanted to choose her. Most women accepted the offering.Feb 25, · As I have repeatedly observed Donald Trump shows a strong affinity for gold. He has also shown a keen intuitive grasp of how the gold standard was .
Reserve Bank of Australia Essay Sample. In our mixed economy, there is a need for regulation and intervention on interest rates and the general level of economic activity. Essay; Tags. strategies adopted by the Reserve Bank Australia Outline and explain the various factors which can influence exchange rate movements.
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This edition reviews recent market moves and outlines Deutsche Bank Research's key views moving forward. Read on for our recap of the global macro outlook, key recent/upcoming political developments (US election, Brexit, Italy, etc.) and major risks in the rest of About the Reserve Bank of Australia Museum.
The Museum was established to educate visitors about Australia’s banknotes which are an everyday symbol of our nation, mirroring who we are and how we have seen ourselves over the years.