Economic history

May 20, 1802. He was an economist, philosopher and political theorist. He was the eldest of nine children of historian and economist, James Mill and his wife, Harriet Barrow Mill. By the age of fourteen, John had learned Greek, Latin, mathematics, history, logic and political economy. At the age of fourteen, John went to pursue his studies in France and in the following years, he edited Jeremy Bentham’s manuscripts on the theory of legal evidence. John refused to further his studies and started…

Middle Class society and perceptions of a declining liberal order Introduction: “The Future of History- Can liberal democracy survive the decline of Middle Class? (2012)” by Francis Fukuyama is a well written and intelligently articulated essay explaining the history of rise of the middle class in Europe and its current status in the developed countries. Unlike his stance in his famous essay “End of History?” (1989) in which he declares the victory of western liberalism in the ideological war…

US economy in the period leading up to direct intervention in WWI can be well characterized as a dramatic plot twist. In sharp contrast to the the limited economic role that the United States played in the global economy prior in the early days of WWI, America’s progression towards direct involvement in the war catapulted it into a major economic power. As we discussed in class, the early days of the war were awful for the US banking system. This is because of widespread financial panic in…

applicable. Which of these are or can be integrated in other content areas? For example: The Council for Economic Education – on this site I followed a link to EconEdLink (http://www.econedlink.org/ ). There I found a lesson plan titled “What Pet Should I get?’ Dr. Seuss and Decision Making. The activities walk the student through making choices and costs involved. 1. The Council for Economic Education ( http://www.councilforeconed.org ). On this website I found some of the events, programs and…

Mexico is a country that is rich in culture, history, and tradition. The country is widely varied, both in terms of geography and cultural demographics. While their economy has been historically been rather unstable, they have booming agricultural and manufacturing industries. Mexico’s government has gone through periods of political turmoil and control by single parties. Overall, the country is unique within both Latin America and the North American continent. Mexico borders the United States…

competition among private businesses and not controlled by a government. Many people believe that Canada and the U.S should have a common economic system with little government involvement. Based on research and evidence, Canada and the U.S. should not have a common economic system because it provides a more stable economy and promotes the Canadian culture. The economic system of Canada is more stable because businesses, workers and…

of the theories are explained by the production-side of it, the consumption-side, and the political-economic side. Gentrification through a production lens explains the process as a consequence of the uneven investment of capital in certain land uses, its devaluation through use and disinvestment, and the opportunities for profitable reinvestment created. They explain gentrification as an economic process that is caused by fluctuating relationships among capital investment and the production of…

leaders, was susceptible to adverse effects cause by the global credit crisis of 2009 (CAT, 2016). As such, the company’s exposure to risks associated with conducting business overseas were exacerbated by deficiencies in the global financial market and economic slowdowns (Shapiro, 2014). For example, the company’s revenue figures started trending downward the first quarter in 2008 and dropped to their lowest point in the third quarter of 2009 (United States Securities and…

Trade Agreement (NAFTA), instead of concentrating its work in one country? Our text, Global3, defines regional economic integration as efforts to reduce trade and investment barriers within on region (Peng, 2016, p, 117). Nations are interested in themselves. It is about growing and advancing, and exploring how other nations can assist in that growth. Moreover, how it can utilize its economic integrations to boost exchange amongst neighboring nations. The North American Free Trade agreement…

The ten-year period of history between 1950 and today that I am going to research for my final project is the 2000’s. This period of history interests me because so many things took place from 2000 to 2010. I was very young during this time period, and I remember hearing my parents talking a lot about what was going on during this time. It makes me want to go back and do the research myself to see what happened and what they were talking about. Some major economic events that took place during…