The New Economic Policy of 1921 Essay

into urban areas where industries were booming, on the look out for jobs. Most of these newcomers were immigrants from Europe, known as transatlantic migration. This new wave of immigrants had great importance in the growth and development of the United States through this era. Just like when anyone migrates into a new area, these “New Immigrants” were influenced by push and pull factors, drawing them to America. They were pushed out of their homelands in rural southern and eastern Europe and…

mainly the fear that foreigners would take American jobs because of their willingness to accept lower wages. Also, many feared their new political ideas especially communism. In order to prevent the inevitable immigration, the United States passed laws that were specifically designed to reduce immigration numbers from foreign countries. The Immigration Quota Act of 1921 was one of the first passed to reduce immigration and it was probably the most effective. This system allowed only 150,000…

looked to other nations to repay their outstanding debts. As a result of the other nations’ inability to pay, the world economy became stagnant (BBC). With the Merriam-Webster Dictionary’s definition of a ‘depression’ as “a period of low general economic activity marked especially by rising levels of unemployment” one begins to understand the social and political implications ‘The Depression’ had over the nations affected (Merriam-Webster). In John Stevenson and Chris Cook’s book, The Slump,…

Keynes, who would later receive great acclaim for his book The General Theory of Employment, Interest, and Money (which inspired much of the economic policy behind the New Deal and the international response to the 2008-2009 global financial crisis) was one of the few who recognized major long term structural faults in the new peace. Keynes’s 1919 work, The Economic Consequences of the Peace, was instrumental in formulating the modern historical consensus that the Treaty of Versailles was a…

competent teachers. Also the need to ensure safe and equitable access to education is a large contemporary issue when attempting to make it available to all children regardless of gender, age and social status. Iraq established its education system in 1921, offering both private and public paths. In the early 1970s, Iraq had one of the best education systems in the region and was highly praised throughout. By the early 1980s, the Gross Enrolment Rates (GER) rose over 100% with almost complete…

Before, social classes began to emerge and forms of capitol were created, communal living had been a fixture of society since the hunter-gathering days. This practice, now referred to as Communism, is an, “economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members.” The most modern attempts at creating a Communist state come from a theory called Marxism. This theory, published in Karl Marx and Friedrich Engels’…

William Appleman Williams will always be best known for his controversial writings and radical views of America. In his obituary the New York Times wrote that he was “a historian known for his sharp critiques of American foreign policy”. William’s is often seen as one of the most influential historian’s of the 20th century, and for good reason. His works on the Cold War have helped historians re-evaluate the impact that it had, not only to the United States, but on the entire world.…

Malaysia is located in the Southeast Asia. In 2015, it is estimated to have 30 million people living in Malaysia coming from the multi-ethnic background. There are a lot of ethnics living in Malaysia, but Malays, Chinese and Indian are the chief ethnic communities while the rest are the natives living in Sabah, and Sarawak (the Borneo Island). Historically, the Malay people were the first to migrate to Malaysia that it was first called as ‘Tanah Melayu’ (Malaya) which literally translated into…

Woodrow Wilson, president of the United States from 1913-1921, knew little about foreign policy when he first came into office. Wilson and his secretary of state, William Jennings Bryan, focused on aggressive moral diplomacy throughout his two terms as president. He rejected Taft’s idea of dollar diplomacy and focused on preserving peace, bringing right to the world, and extending the blessings of the democracy, but as time went on this policy was hard to stand by. Wilson felt as if it was his…

The PSI being inspired by Bolshevik party’s seizure of power in Russia adopted this policy of revolution and made the decision to join the Comintern (the communist international, a Moscow-based organisation, its aims were to co-ordinate and control the activities of national communist parties). Now not committed to a socialist republic and the dictatorship of the proletariat, the socialist party organised numerous strikes, protests and demonstrations in Italy. It attracted massive publicity too,…