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Assets, Liabilities and Capital: Understanding the Components of Balance Sheet

   

Added on  2023-06-03

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Running Head: Guide to write essay
Essay Writing
Assets, Liabilities and Capital: Understanding the Components of Balance Sheet_1

Guide to write essay 1
Part 1.1
Key words:
a) Key concepts in sociology:
Sociology: It is the comprehensive study of society, different patterns or forms of
social relationships, theories of social interaction and so on.
Collective behaviour: The social processes or events that do not confirm the laws or
conventions but they evolve in the spontaneous manner.
Cultural Relativism: It is the sociology doctrine which says that culture is a key
variable used to explain the concept of human diversity and also that behaviour,
perception or through process of an individual is dependent on the culture to which he
or she is related (Roberts, 2008).
Sociologists: These are the experts who practice the social sciences.
Capitalism: It is an economic concept used in sociology studies. It is the system under
which there is a private ownership and also incentives for producing profits and
wealth.
Equality: Social equity is the status of the society where all the people of a particular
society or a group are equally treated in terms of civil rights, property rights and
access to society’s goods and services (Scott, 2006).
b) Factors contributing to good mental health:
Mental health literacy: It is the knowledge about different mental disorders which is
used to recognise and prevent those disorders (Jorm, 2000).
Confidence and Self-esteem: It is the emotional evaluation of subjective nature made
by an individual in regards to his own worth.
Assets, Liabilities and Capital: Understanding the Components of Balance Sheet_2

Guide to write essay 2
Discipline: It is the system under which an individual act in the most acceptable
manner.
Relationships: It is the way in which two or more individuals are connected to each
other.
Spirituality: It is the sense of individual’s connection with something that is greater
than him or her.
c) Contemporary issue in society: Social Perspectives
Inequality: It is the treatment given on the basis of different social or economic status.
Conflicts: It is the disagreement raised among two or more people due to their
different opinions or values.
Social well-being: It is the situation where people in a particular society have sound
relations with each other and there is social stability as well as peace.
Discrimination: It is the practice under which an individual or group of individual are
treated in the manner which is less fair than the way other individuals or group of
individuals are treated.
Symbolic interactionism: It is the social perspective under which linguistic or other
gestural communication is emphasised.
Functionalism: It is the study of nature of different mental states.
d) How Nervous system is divided into different components and functions of different
areas of brain
Central nervous system: Component of nervous system which is constituted by brain
as well as spinal cord.
Peripheral nervous system: Nervous system lying outside CNS
Brain: Central most organ of nervous system of human.
Assets, Liabilities and Capital: Understanding the Components of Balance Sheet_3

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