New Conceptualization of Global Economy, Society and Culture
New Conceptualization of Global Economy, Society, and Culture
A.
* Great Leap Forward * Change from agrarian economy to an industrial economy; aimed to use vast population * Through process of industrialization and collectivization * Private farming was prohibited, tens of millions deaths due to grain shortage. * 5 Year Plans * Initial 5 year plans were made for rapid industrialization * Some were completed early and successful and some were abandoned and never completed * Same method adopted by most communist states including Peoples Republic of China * The New Deal * From 1933-36 in United States * The 3 “R’s”: Relief, Recovery, Reform * Relief to the poor and homeless individuals * Recover the economy back to its original state * Reform the economy to stop a repeat depression * The economy shot upward in Roosevelt’s first term but had a decline in 1937-38. * Downturn caused some economist to wonder if it was worth it but most economist modern day agree it was helpful.
B.
* Egypt * Nassar’s promotion of economic development in Egypt * New constitution and National Charter in 1964 * Counter army’s influence * United States * Reaganomics started in 1980’s * Reaganomics: reduce government spending, decrease federal income tax, reduce government regulations, control money supply to stop inflation * Soviet Union * Export oriented industrialization * Sped up the industrialization process by exporting goods which the nation has an advantage
C.
* United Nations * Known for peace keeping, building, and humanitarian existence * Broad range of fundamental issues * World Trade Organization * Watch over international trade * Regulates trade between participating countries * Gives framework for negotiating and formalizing trade agreements * The Red Cross
A.
* Great Leap Forward * Change from agrarian economy to an industrial economy; aimed to use vast population * Through process of industrialization and collectivization * Private farming was prohibited, tens of millions deaths due to grain shortage. * 5 Year Plans * Initial 5 year plans were made for rapid industrialization * Some were completed early and successful and some were abandoned and never completed * Same method adopted by most communist states including Peoples Republic of China * The New Deal * From 1933-36 in United States * The 3 “R’s”: Relief, Recovery, Reform * Relief to the poor and homeless individuals * Recover the economy back to its original state * Reform the economy to stop a repeat depression * The economy shot upward in Roosevelt’s first term but had a decline in 1937-38. * Downturn caused some economist to wonder if it was worth it but most economist modern day agree it was helpful.
B.
* Egypt * Nassar’s promotion of economic development in Egypt * New constitution and National Charter in 1964 * Counter army’s influence * United States * Reaganomics started in 1980’s * Reaganomics: reduce government spending, decrease federal income tax, reduce government regulations, control money supply to stop inflation * Soviet Union * Export oriented industrialization * Sped up the industrialization process by exporting goods which the nation has an advantage
C.
* United Nations * Known for peace keeping, building, and humanitarian existence * Broad range of fundamental issues * World Trade Organization * Watch over international trade * Regulates trade between participating countries * Gives framework for negotiating and formalizing trade agreements * The Red Cross