World War One was a war intended to end all wars and as a consequence became a 'Total War'. ... Many believe that the Alliance system of World war one was a major reason of why world war one surfaced. ... The United Kingdom had the biggest navy in the world; the German aim was to build a fleet that would be two thirds the size of the British navy. The threat of a British blockade which would starve the Germany economy became a looming threat towards Germany and therefore the prevention of this was necessary. ... The increasing completion and desire for greater empires led to an incre...

• Word Count: 2025
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

These countries that had the ability and might to adapt and grow quickly became the new world powers as we know them today. ... Japan's long tradition of accepting and implementing the West's innovations aided them to quickly become one of the world's fastest growing global powers. ... Therefore the open mindedness of Japan to new innovations and ideas in economy and political structure paved the way for its success in domination in the industrial world. ... The United States seemingly unlimited supply of resources and sheer intuition enabled them to industrialize quickly an...

• Word Count: 784
• Approx Pages: 3
• Grade Level: Undergraduate

ReOrient shows us that European countries lacked the technology and productive capacities to supply the world economies with the quantities of goods necessary to meet demand. ... When Frank attempts to argue a point that Adam Smith makes in his book Creating the World Economy, about the development of capitalism in Europe and its eventual spread out from there, the best he can do is "With this same old Eurocentric litany of course, we will never find any of the structures, processes, or forces, that were "creating the world economy" (to use Smith's apt title)". ... Reorient presents us...

• Word Count: 1370
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Globally, the use of containers considerably boosted trade flows: the amount of dollars exchanged for world merchandise trade has been multiplied by almost ten in 45 years, from around 2 to 18, in tm of dollars. ... In a global economy, no nation is self-sufficient. ... These interdependencies imply not only material flows, but also numerous relations where flows of capital and services are established between regions of the world. Indeed transmitting of messages by telephone, telegram, fax, satellite etc. and financial transactions across the whole world does necessitate an efficient global ...

• Word Count: 1245
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

As James Wolfenson, President of the World Bank, noted '...... The first two charges are the stuff of current popular and populist analysis of the international political economy of globalisation qua economic liberalisation. They find most resonance in developing countries, and especially those states of Southeast Asia for whom recent economic crises have brought back shades of the north-south contest between the developed and developing world that dominated the international agenda in the 1970s but largely disappeared throughout the 1980s and 1990s. ... Having done this, Part 2 identi...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate

What are the possibilities, advantages and risks of such "world citizenship"? ... One example is world war II, which started in the middle of Europe- -considered then the most civilized part of the world- because of Germany's belief in its national superiority. ... Would the better ones pull up the worst to keep up with them or would those countries-having the best economy- want to carry the rest on their shoulders? ... World has a cultural diversity in itself. ... As the cultures were revised by economy, stronger economies emposed their cultural practices to the weak ones. ...

• Word Count: 629
• Approx Pages: 3
• Grade Level: Undergraduate

This declines any or all access to the outside world to be shut or sealed. ... Because of this, more member nations in the EU are cooperating with each other and helping to upgrade the economy within each other. ... Free trade between countries develop the economy. ... Many profits can increase and economies of many countries can improve greatly. ... Countries like Japan stayed in isolation for many years and they isolated themselves greatly from the rest of the world. ...

• Word Count: 711
• Approx Pages: 3
• Grade Level: Undergraduate

Many of the European states were motivated to participate in imperialism by the need to expand their economies. ... All in all, imperialism formed Africa into a global economy on unequal terms, and a provider of raw materials and cash crops. In the end, the African countries turned out to be economically stagnant, third world nations. ... It formed Africa into a global economy on unequal terms and a provider of raw materials and cash crops, and left it economically stagnant. ... From this evidence, one can clearly see that the great power states of Europe took advantage of the African co...

• Word Count: 550
• Approx Pages: 2
• Grade Level: Undergraduate

Life in 1950 was similar to life in 1850 up until the first and second World Wars. The ending of the Second World War had a negative and huge impact on the European economy and government. After the end of Second World War, the Marshall Plan was introduced. The Marshall Plan was created by the US and helped repair the damage done to the European economy. ... After the world wars, Europe aimed to protect against even more violence in the region. ...

• Word Count: 870
• Approx Pages: 3
• Grade Level: Undergraduate

The manor system, and similar systems like Feudalism provided enough food and trade to support its local suburban areas but were not substantial enough to support urban communities or develop a thriving economy based around trade, and didn't serve as a link among cities as did the trade of Roman Empire and Islamic Empires. ... This allowed for a synchronized relationship between religion and intellect for the first time in the modern world, and because their religion didn't hinder their ability to understand the world, Islam grew to become a very successful cosmopolitan empire that e...

• Word Count: 1444
• Approx Pages: 6
• Grade Level: Undergraduate

"The American economy and profits sprinting ahead, while keeping the Euro area's economies are barely able to maintain a walking peace and Japan is just getting off its knees. ... This reduced demand for dollar denominated assets creates an imbalance in the supply and demand for dollars world-wide. ... Lower interest rates in Europe would result in an important development in the European economy; it would boost domestic demand. ... According to the Economists, if not for the American current account deficit habits, while plainly unsustainable, the world would have no positive economic gr...

• Word Count: 1225
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Capitalism in the world markets of today is a major factor in socioeconomic progress. ... The growth of market economies, world trade and the WTO, globalization and worldwide networks followed the rise of freely elected governments promoting market economies. Today, over 65 percent of the world's people live under freely elected governments. ... In this connected world, people are awakening to the reality that they have a newfound opportunity to improve their standard of living. ...

• Word Count: 438
• Approx Pages: 2
• Grade Level: Undergraduate

This severely depleted the labor force and agricultural production and left the economy in peril. ... The Holy Roman Empire also floundered after the war and would never be the world power it had previously been. ... However, France benefitted the most from the war, after which they developed the strongest military in Europe and their economy began to prosper. ... A more secular society changed the course of history and brought about the development of the world we have today. The Thirty Years War had a huge impact on every aspect of society in Europe and changed the world forever. ...

• Word Count: 734
• Approx Pages: 3
• Grade Level: Undergraduate

The United States Treasury Secretary Tim Geithner joined the group of supporters right before Lagarde was voted in (Rooney) "Minister Lagarde's exceptional talent and broad experience will provide invaluable leadership for this indispensable institution at a critical time for the global economy," Geithner said (Rooney). ... The global financial institution desperately needed a new leader because of their involvement with the European Union and the European Central Bank to provide financial support to Greece and other troubled European economies who need immediate help (Rooney). ......

• Word Count: 519
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

The Cold War engulfed the entire world for nearly half a century. ... World peace can be achieved through globalization. ... Globalization has shifted the world's focus from aggressiveness, isolation, and confrontation to free trade, democracy, and capitalism; what used to be "opponents- during the Cold War are now considered "global business partners- in the world economy. ... Superpowers such as China now realize that fighting only leads to the downfall of their country and its economy. ... Equipped with the Internet, a peaceful mind, and money in their pockets, countries have the a...

• Word Count: 1058
• Approx Pages: 4
• Grade Level: Undergraduate

It has been commentated by many that the system leads to the main body of available wealth and power in the world to be held by an elite minority. ... By the 1500's the monarch was earning over 2 million reis from the slave trade through taxation alone5 and so by royal decree the first major factor that changed the face of the slave trade and the global economy was implemented. That being the Portuguese settlers in the Americas or the "New World" were given loans with easy repayment and interest plans to buy more slaves and develop sugar plantations. ... Out of all of the Europ...

• Word Count: 2679
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

The spread of the Industrial Revolution was fast and brought wealth to England and Europe with the "World Trade System" and later to the rest of the world. Significant increases of industrial products lead to a replacement of agricultural economy with a new industrial order multiplying the amount of goods and cash crops. ... Industrialization brought the idea of Western capitalism, a new economic system that concentrates in profit, creating a wealthy economy worldwide. ...

• Word Count: 585
• Approx Pages: 2
• Grade Level: Undergraduate

cus on Australia and the effect Foot and Mouth Disease is having on its economy. ... Foot and Mouth Disease affects animals that are responsible for the supply of a large percentage of the world's meat and dairy products. ... "An outbreak of Foot and Mouth Disease in Europe has also slowed the supply of hides on the world stage and created demand for Australian product". ... These changes within various Australian industries have affected the Australian economy in a number of ways. ... Perhaps just as important however, is the effect Foot and Mouth Disease has had on inflation within...

• Word Count: 2361
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

After World War II Europe was devastated not only physically but economically as well. ... Marshall was a 5-star general from World War II and held the position of Secretary of State in Truman's cabinet. ... In July 1947, a nationwide poll showed that 51 percent of Americans had not heard of the Marshall Plan, but the post-World War II American public knew what Communism was and they were terrified of it. ... Because Americans feared that after World War II the financial troubles and unemployment of the 1930s could recur, increasing prosperity in the U.S. was one goal of the Marshall Plan...

• Word Count: 669
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

"The world population will increase by more than a billion by 2015, with 95 percent of that growth occurring in the developing world." Yet in the developing-world urbanization will continue to boom, with approximatly 20-30 million of the world's poorest people migrating to urban areas each year. ... "International trade and investment flows will grow, spurring rapid increases in world GDP. ... Also, the US should no longer provide for these post-modern regions of the world, but should rather be placing it's efforts on helping other areas such as the Highly Indebted Poor Countries of...

• Word Count: 1732
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Although many major European economies are teetering on the edge of disaster, the group remained split between the two logical solutions: increase spending to stimulate growth or reduce federal budgets to restore investor confidence. ... One of the primary focuses for the summit was the global economy's slow recovery, particularly pointing to the impending collapse of the European currency that would devastate the instable economies of the majority of the 17 countries that use the euro (CNN). ... For the time being, instead of stimulus spending, it urged countries to look to education...

• Word Count: 1321
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

The Second World War left Europe in hunger, misery, unemployment and a housing crisis. ... At the war's end, not only did the economy of the countries lie in ruins; the entire framework of the European economies had been upset by the war and its aftermath. As a result of a decline in production in Europe, and the disruption of normal trade relations, 1947 saw the threat of world-wide economic crisis (Hemmling, H D). ... There is no doubt that the world's economic and political appearance would be substantially different if there had been no Marshall Plan. ... An immediate consequ...

• Word Count: 1711
• Approx Pages: 7
• Grade Level: Undergraduate

This meant government had much control over business and the economy " even more than a working-inside-the-system individual. Smith developed in "The Wealth of Nations" a view of the individual as being the sole operator in the economy, leaving government out (laissez-faire) and letting the market follow natural law and balance itself. The individual could now strive in the world to make a success for himself. ... Fitchte attributed the existence of the world on the power and ideals of strong individuals. ... This view came about because of innovative thinkers like Locke and Smith, pr...

• Word Count: 919
• Approx Pages: 4
• Grade Level: Undergraduate

The British and French demonstrate that a strong central power is necessary to maintain power on a world scale. ... The Republic could not access the open ocean without passing England, who therefore could block all trading routes cutting off the majority of the Dutch economy and leaving them vulnerable to attack. ... In this effort to preserve their economy they plunged into debt. ...

• Word Count: 687
• Approx Pages: 3
• Grade Level: Undergraduate

From Antiquity to Our Modern World: Europe In The Middle Ages What time period extended a thousand years, and created such legacies as Camelot, chivalry, and the Gothic style of architecture (Corbishley 34-35)? The answer, of course, would be the Middle Ages, which spanned from the fall of the Roman Empire in 476 to the exploration of the New World in the 1500's (Hartman 15). ... Many of the advantages a centralized government had brought Rome was lost, and the many breakthroughs in economy, education, science, and politics that had been made were lost (Briquebec 10). ... It was the f...

• Word Count: 1473
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate