The Holocaust was a tragic event during World War II that Nazi Germany created that involved the persecution and killing of over 5 million Jews. Hitler‚ the chancellor of Germany at the time‚ believed that the Jews were responsible for Germany’s loss during World War I. After the Holocaust had started‚ you’d think that the other countries would intervene pretty fast. Unfortunately‚ they didn’t realize what was happening until almost a year after it had begun. What were the Allies’ reactions and was
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the United States of America to assume. The economy in the United States flourished as imperialism continued to expand. The United States was also equipped with the top military forces in the entire world‚ making it easy for them to take over other countries. The U.S also believed imperialism was going hand-in-hand with the idea of Manifest Destiny. Not only did imperialism help the U.S thrive economically‚ but it helped the entire world thrive. With the spread of the imperialism‚ the United States
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Difference between Economic Growth and Economic Development :- Economic Growth is an issue considered by economically developed countries which have utilized many of their resources and now plan to expand even further by growth. It is a narrower concept than Economic Development as it focuses on the further increase of the national output of a country by increasing the quality of resources‚ the quantity produced and increasing utilization by every sector of the economy. We can also say it is defined
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Why did tension increase in Europe from 1900 to 1014?There are various factors that amplified the tensions in Europe from 1900 to 1914. A few of the major factors were International rivalry‚ the arms race‚ colonialism and the Crisis ’s of Morocco and Bosnia. These factors‚ alongside numerous others contributed to fuelling the First World War. International rivalry was‚ debatably‚ the biggest factor that caused the First World War. As the European powers such as Britain‚ France and Russia had been
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The Sparks That Ignited a Fire The American Revolution was not started over one particular issue. Instead‚ it was the result of many different problems. Beginning in 1763‚ the British government tried to regulate the American colonies more effectively‚ starting with the Proclamation of 1763 (America‚ #119). The American people would not accept being controlled‚ and thus began the fight for independence. The Stamp Act and the Quartering Act started very heated debates among Americans. It was limiting
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surveys recent models of growth and trade in search of descriptions of technologies that are consistent with episodes of very rapid income growth. Emphasis is placed on the on-the-job accumulation of human capital: learning by doing. Possible connections between learning rates and international trade are discussed. KEYWORDS: Growth‚ productivity‚ on-the-job training‚ learning.
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Why did the US lose the war in Vietnam? When the year 1973 came around‚ the most powerful economic and military force America‚ were being forced to come to terms with the fact that they had suffered defeat in their war in Vietnam. Despite the vast gulf in financial and military prowess which swung in favour of the Americans‚ 57‚000 of their troops1 had lost their lives or were missing in action2‚ in a defeat so unanimous that the American armed forces today‚ use Vietnam as their key example on how
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THE SCHUMPETERIAN THEORY OF ECONOMIC GROWTH AND DEVELOPMENT Schumpeter assumes a perfectly competitive economy‚ which is in stationary equilibrium. In such a stationary state‚ there is perfect competitive equilibrium‚ no profits no interest rates‚ no saving‚ no investment and no involuntary unemployment. This equilibrium is characterized by what Schumpeter terms as “circular flow” which continues to repeat itself in the same manner year after year. In the circular flow‚ the same products are produced
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Presidential Election of 1860 was the drive that caused the American Civil War to take place. The date of the election was November 6‚ 1860. The candidates were Abraham Lincoln for the Republican party‚ John Breckinridge from the Southern Democratic party‚ John Bell from the Constitutional Union party‚ and Stephen Douglas from the Northern Democratic party. Abraham Lincoln ended up winning the election. The South did not favor Lincoln‚ so when he was elected the southern states decided to secede. The
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concepts of sustainable development and the acquisition of progressively higher standards of living .Growth without development is being criticised as being an ephemeral and increasingly deceptive indicator of the actual state of the economy .Concepts like population growth which erode economic growth and education and health which enhance human capital accumulation are gaining a lot of importance and are being touted as being as essential to the development of an economy as the growth rate of its GDP
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