The turn of the 20th Century sparked the "managerial revolution", management became separated from ownership in corporations, and a rise of large companies and a corporate elite. ... Every business system has distinctive advantages and disadvantages. ... The "New American Economy," in the U.S., created huge trade deficits, low savings rate and the declining skill level of a large portion of the workforce. ... During the late nineteenth century Germany's Chancellor, Otto von Bismark, began an initial movement towards the modern welfare state. ... During the postwar, Germany's ...

• Word Count: 840
• Approx Pages: 3
• Grade Level: Undergraduate

(Remak 20) The French took advantage of the demilitarized zone in the Rhineland in January of 1923 and moved into the Ruhr industrial region of Germany. ... Herman Fuhrbach, like many other young Germans, gained military training from one of the multiple resistance groups operating in the Ruhr area during French occupation. ... (Remak 45,46) The men who had fought in the trenches during the First World War were left with feelings of betrayal towards those who did not fight in the war. ... Milton Mayer, an American social scientist, interviewed a group of ex-Nazis on their feelings towa...

• Word Count: 937
• Approx Pages: 4
• Grade Level: Undergraduate