Economic history

The 2008 Financial Crisis in America was reported to be the worst economic disaster since the Great Depression in 1930’s. Signs of economic failure occurred in 2006, where the housing prices started to fall (Amadeo). The first institution to fail was the Countrywide Financial crop in January 2008. The next victim of this financial crisis was the Wall Street Investment House Bear Sterns during March. However, it was later rescued by JPMorgan Chace, which they dealt to buy it for a bargain price…

about the global economic developments that occurred throughout the world’s history. Today the world is so much different in terms of the economy compared to most of human history. “We live in an era when continual economic growth is almost considered a birthright, at least in the developed world. It has become the benchmark of the health of a society, guaranteeing an ever-expanding prosperity.” Also economic growth is a goal for most of today’s politicians so obviously economic growth is…

The reading, “Kicking Away the Ladder: Neoliberalism and the Real History of Capitalism” by Chang Ha-Joon explains about how countries developed. In addition, Ha-joon’s article compares todays countries with past countries and discusses strategies that can help the future develop. An example of countries comparison is “United States was at a level of economic development similar to the of today’s Mexico” (Kicking Away the Ladder, 6). Similarly, Philip McMichael’s article “Development Project”…

Like any other source of information oral history is a valuable source for historian. Therefore historian should take oral history as a legitimate source of information because it has the potential of providing rich primary sources. While oral history has the potential of highlighting individual experiences of past events and reassert ordinary individual inherent agency as people, it is not without its pitfalls; any historian approaching oral history must approach it with a critical lens and…

The way nations remember their past is extremely important for their future. Certainly there are a lot of different ways a society can remember crucial moments of its history. One of the most efficient and realistic is photography and film. With its emergence in the 19th century photography played a significant role during national conflicts in different countries and World War II. The way a picture can capture a moment cannot be underestimated, as it is one of the most realistic and reliable…

When I was growing up, I was taught and motivated to understand the concepts of education and explore the endless possibilities that are offered through it. In the same way, I have been motivated to learn about the history of the world as it provides me a better image and understanding of a culture, a town, and in some cases, an individual. Also, I always wanted – in fact very badly wished – to travel the world, do something for the greater good, be someone more than a girl who comes from a…

time. There are also some points wherein they have the same idea, but they are opposite for the most part. This paper is going to discuss those differences, and point out the exactitude of why there is that difference. Let us start with a brief history. Hegel was born in 1831. A time wherein…

Essay 1 The word history stems from the ancient Greek word for “inquiry.” Indeed, the study of history should be an investigative examination into the past which provides information and insight. Yet beyond information regarding timelines and facts about historical people and events, historical study can provide an avenue of reflective thought that supports the development of critical thinking skills, rational judgment, empathy, and the expansion of our understanding of what it means to be…

The human figure in their works strives to capture raw, unpleasant features of the body. Wagschal puts a strong emphasizes on depicting the wrinkles, aged, and tired characteristics of her models as seen in one of her most notable works “Portariat of Judy Garfin” (1982). In this piece, she emphasizes the not so flattering features of her elderly model, a very different approach from idealized depictions found in traditional portraits. The Greek or Renaissance ideas of beauty and perfection are…

critique and rethink approaches to history, which I will discuss later in this paper. Elton, on the other hand, emphasizes the universal “truth” within historical studies. He insists that there is no such thing as “subjectivity”, and all facts within historical sources are indeed just that – facts. History is composed of an objective reality that can neither be interpreted in different ways nor can…