This is mostly for their alluring and captivating rigidity, beauty, and sparkle. As Diamond industry essay played a major role in the jewelry industry for years, and has been used as fine jewelry for women in many various regions around the world that have made it a very lucrative commodity.
The diamond also has the highest rigidity and thermal conductivity of any material, and it is these factors that determine the major industrial claim of diamond in cutting and polishing tools that predates history, as researchers recently found evidence that the Chinese used diamonds around years ago to polish materials Chinese Made, However the diamond trade has been a major controversial issue for many years because the diamond industry has been funding weapons and supporting violence in disputed territories in Africa United Nations, The illegal traders around the world buy illegal diamonds in exchange for supplying weapons to African rebels that in turn force children, men, and women to succumb into their demands by using violence.
I think that through raising awareness in the consumer about the illegal diamond trade, the Kimberly process and the restrictions on diamond conflict zones, the diamond trade will Diamond industry essay systematized and their purchase of legal diamonds may provide many benefits to various regions around the world.
The illegal diamonds that are produced in rebel controlled regions and areas that are opposed to the internationally recognized governments are called blood diamonds or conflict diamonds Blood diamonds — conflict diamonds, n.
These conflict diamonds are being used by rebel forces to purchase weapons and fund violence and military actions against the government and oppress the people of the region.
These diamonds have been stolen during shipment, seized during mining operations from a legitimate producer, or produced by the forced labor of women, men and children. The illegal diamonds are then smuggled into international diamond trade and sold as legitimate diamonds.
It is believed that many weapons dealers and dishonest diamond traders enable the actions of these violent rebellious acts Allen, Horrified by these findings, Lustgarten, the United Nations and many other organizations started working on a way to control the diamond industry and impose some sort of agreements that provide the buyers with certifications that prove that these diamonds have been legally produced, sold and exported through legal channels which have been approved by an authority, and are not conflict diamonds that aid terrorist acts and promote violence in rebel regions.
Feb 19, · Blood Diamond Trade & The Illegal Trade of Diamonds It is said in the modern world that diamonds are a girl’s best friend. This is mostly for their alluring and captivating rigidity, beauty, and sparkle. Essay ; Blood Diamond Trade & The Illegal Trade of Diamonds. Posted on The diamond industry and trade provides work for. Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1. Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties. 2. Diamonds are very important in industry because they are used for the manufacture and use of various precision instruments. These instruments are employed in grinding and polishing glass, polishing ceramics, stones, etc. Diamond drill crowns are used in the oil .
This control over the flow of illegal diamonds is imposed by providing a certification through what is called the Kimberly process Blood Diamonds — Conflict Diamonds, n. This regulation has helped undermine the illegal diamond trade and limit financial resources to the rebels by banning the diamonds they produced as illegal and not sellable to legal retailers, and diamond producers around the world.
The legal diamonds are now provided with certifications that allow the producers to confirm that these diamonds have not been part of the illegal diamond trade, and retail customers are encouraged to be provided with such certificates upon buying diamonds from sellers.
Thus, significantly reducing the number of conflict diamonds. The Kimberly process was established for humanitarian reasons and not political reasons. For instance, the policy supports people in Africa by providing financial assistance and manpower to them in healthcare, education and many other ways.
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|Diamond Industry Essay||Blood diamonds refer to illegally traded diamonds that are used to monetarily support war in Africa.|
|Essay 3 (Blood Diamonds: A “Killer” Industry – Final Draft) | rogersa4||Natural diamonds are only of high value if they are scarce in nature. Realizing this, De Beers Consolidated Mines was formed to control the supply of diamonds from mines across the world.|
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Instead they believe that through educating them and guiding them with humanitarian laws and regulations, they will prosper, and diminish or end the illegal diamond trade Izhakoff, Many of the countries that were in conflict before the Kimberly process certification are now enjoying better living situations, access to healthcare, education, and have ended their illegal diamond trade.
The diamond industry and trade provides work for over 10 million people and brings economic stability to wherever the activity occurs. If the diamond trade is made completely illegal, these people will lose their jobs and some of those regions will not prosper. This being said, the global impact on the diamond industry made by the Kimberly process is evidently successful as the diamond trade today has many rewarding benefits on African and other countries.
In conclusion, the diamond trade helps benefits many economies and emerging countries deprived from infrastructure, healthcare and education.
Further imposing sanctions on illegal trade and help make the rest of the world join the legal diamond trade and support the Kimberly process should help advance economies, help politically and economically stabilize African countries and diminish the illegal diamond trade. The diamond trade can also help educate children around the world and provide many people with free healthcare.
It can generate enormous GDP for exporting countries that will benefit and develop the infrastructure and education systems of such countries. Additional education about the illegal diamond trade may lead consumers to help stop the cruel intentions of rebel forces and the oppression they are imposing on their people.
Smarter consumers will help stop buying illegal diamonds that harm many nations.Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1.
Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties. 2. Essay 3 (Blood Diamonds: A “Killer” Industry – Final Draft) The cultivation of blood diamonds have caused violence, warlords, child labor, and violation of human rights which have hindered the development and progress of African countries.
Blood diamonds refer to illegally traded diamonds that are used to monetarily support war in Africa.
Government investment in advance factors has also provided the industry with many educated workers, as result benefitting the assembly industry as a whole. We will write a custom essay sample on Porter’s Diamond Model For China specifically for you. Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1.
Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for .
Essay 3 (Blood Diamonds: A “Killer” Industry – Final Draft) The cultivation of blood diamonds have caused violence, warlords, child labor, and violation of human rights which have hindered the development and progress of African countries. Diamond Industry Essay Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1.
Industrial Diamonds —natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties.