Central Park

According to Mankiw, “Canadian families generally save a smaller fraction of their incomes than their counterparts in many other countries…” (180). In addition, in more recent years, the Canadian household saving rate has decreased drastically. It is important to note that there is a tradeoff for households when they decide to forego their current consumption in lieu of saving. Because of this, many commentators such as high officials of the Bank of Canada have attributed the high interest rates…

In this topic, there is a complex detail of history regarding the Manchu Qing and the expansion of their rule. The history of China and Central Eurasia is very much interlinked and should be studied together in order to understand the real challenges faced by the Manchus when the Qing were ruling. In this conquest, many different people and empires participated in creating a highly sophisticated historical period. There were empires that were very successful in ruling and on the other hand,…

The 2008 financial crisis is considered to be the worst financial crisis since the Great Depression in 1930. Witnessing the turmoil it followed, sparked an interest within me in the power of money. As I started to mature, I realized that knowledgeable individuals who understand the monetary and banking systems are capable of taking huge financial decisions, whether at the governmental level or a private business. I aspired to be such an individual. Such enthusiasm in me provoked me to have my…

singular people. These transactions happen in a market, where money or credit is exchanged for goods, services or financial assets. The biggest buyer and seller of the market, the government, is divided in two parts: the central government who collects taxes to spend money and the central bank which controls the amount of credit and money in the economy. There are three main forces that drive the economy: the productivity growth, and the short term, and long term debt cycles.…

Located in Central America, Guatemala has a turbulent history of violence and oppression. The beginnings of injustice trace back to the Spanish colonists who conquered the Mayans (“Guatemala “The Silent Holocaust”: The Mayan Genocide). Subsequently, the Mayan race became inferior and experienced harsh treatment and exclusion. After gaining independence from Spain in the mid 1800’s, Guatemala struggled to remain stable which led to the overthrow of the Guatemalan government in 1954 leaving a…

Are the Barbarians barbaric? It’s been discussed among historians, whether or not the Mongols were barbaric, considering the name they’ve been given. Despite all of the damage the Mongols have done, it’s for some reason still a question. Are the ‘Barbarians’ barbaric? On a persian manuscript, it shows the Mongols executing prisoners by burying them alive. If that’s not bad enough, they bury them head first. But with their bodies still above ground. Also, at North China in 1211, an army of…

A good product or innovation may travel far, but word of mouth travels much further. The silk road was a series of trade routes used by merchants in the 130 BC that connected China to the Mediterranean Sea. The route earns its name from the silk that was initially traded from China to European civilizations. But more important than the products that were traded, the Silk Road had a significant impact on early civilizations. The silk road had a significant impact on ancient cultures because it…

1) The Chinese eagerness for western products and the growing and flourishing of the cities led to the development of the Silk Road. Also, the favored idea by the Europeans, of a route linking many lands together to trade, was also an event that led to the Silk Road. 2) The Mesopotamian border entrepôts and Samarkand, are examples of the impact that the Silk Road had on Asia because goods from other countries were bought and sold throughout different countries, and stops were made along the way…

attack clans that enslaved him & one that raid for horses & women  gained dependents; defeat rivals w/n decade • @ kuriltai (all Mongol chieftains meet)  Temujin became Chinggis Khan became khagan (supreme leader) of Mongol tribes  united: plan attack on world • Chinggis Khan’s men trained young to hunt & fight  physical power, mobile, used to killing/death; had lances, hatchets, iron maces, etc.; short bows = strongest w/ accuracy & hit as far as 400 yds • 2/3 horses as remounts; could do…

The Mongols caused death and destruction to whatever came its way. These Barbarians captured land and killed everything in sight in the 13th century. Barbarians is a word to describe a negative meaning, referring to people who were savage and evil. This meaning is what the Mongols portrayed through their actions of mass destruction. The Mongols started off by being nomadic people, but a leader arised. A boy named Temuchin brought to bring the Mongols to a lead, and to grow larger. He soon sent…