SS Central America

When the society experiences an economic recession, people often think about the Great Depression in 1930s. Up to the present, many researchers attempted to study on Great Depression to gain a lesson. Friedman claimed that policy makers could not take proper actions depended on the radical changes in the international environment after the First World War ended. However, he only considered a single factor and excluded other important factors such as Customs Law and international monetary system.…

After the end of the Cold War, many counties in Asia have become independent from its colonization. Until now, there has no major war occurred in this region. During this period of peacetime, Asian countries have enjoyed the growing of economic and global influence. Russia, China, and India these newly advanced economy countries started undermining the U.S. influence in Asia. In order to remain its economic interests and political power in Asia, the U.S. has adjusted its global strategy. The…

1.) Civilizations in the pre-modern world were highly advanced in their own standards. Chinese invented weapons, silk, china, paper and many technological, as well as political influence in the region of origins. Indians were known for their spices, as the people of East Africa traded slaves, timber, and ivory. All over the world, civilizations were inventing tools and coming up with new ideas on how to better their culture. This is the cornerstone, or backbone of what started a series of the…

country. It spreads across 251,827 sq. miles, making it just smaller than the state of Texas which comes in at 268,820 sq. miles. The country is located between Southern Asia and Central Asia. It is bordered by Iran, Pakistan, Uzbekistan, Turkmenistan, Tajikistan, China, and India. This location centering between central and southern Asia makes Afghanistan both landlocked and a land bridge within Asia. The country of Afghanistan has been seen on the news around the world during the past decade…

Spend more money; spend less money. In the economy, there are two main tools in the government and Federal Reserve Bank to help regulate the interest rates: fiscal and monetary policy. Both the fiscal and monetary policies have made an impact by help stimulating or slowing down the economy. the fiscal policy is the government regulates the economy by using its powers to tax and spending money. The monetary policy is the government manages the economy by controlling the money supply…

The 1920s in America was known as “The Roaring Twenties” due to the seemingly prosperous economy. Employment rates were high and the manufacturing of consumer goods such as cars and electrical appliances rushed out of factories. However underneath the surface, many factors took place that weakened the structure of the economy and led to the New York Stock Exchange crashing on October 29, 1929. This signaled the beginning of The Great Depression; a time period in which a severe economic recession…

with empathy towards the West, China’s leaderships or rulers were sending a strong message that China was on a higher pedestal on matters of development and the capacity to meet the needs of their subjects. Chinese believed that the West was less powerful and had to submit to them. In light of that, they had to preserve their power, which was manifest in their goods. They had had a lot of power evident in the abundance of goods and resources. Allowing trade with the West would erode the…

In “Japan’s Negative-Rate Experiment Is Floundering” the two authors talk about the Bank of Japan’s experimenting with negative interest rates and the results have been the opposite of what they have hoped for. Although Haruhiko Kuroda, Japan’s central bank governor remains optimistic about the situation, other people believe otherwise or are too unsure of what is going to happen with the markets. Mr. Tomohisa Fujiki, “head of interest – rate strategy at BNP Paribas Securities Japan” says that…

It is often said that money makes the world go round. Money plays an important role in a country’s economy. Citizens must have money in order to spend money. Governments can help banks create money. In the United States (US), the Federal Reserve is responsible for controlling the money supply to keep the economy running smoothly. One must fully understand the US money and banking system to fully grasp the money market. Knowledge of items that serve as money, the effects of actions taken…

Nathan Price. When arriving in the Congo Nathan is certain that he will be able to convert all the citizens to Christianity. He does not consider that the Congolese might already have a religion that they fully believe in. Another example is when America attempts to influence the newly independent Congo, only worsening the problem, due to their arrogance that even though they have no relationship with Africa, they should control it believing they are doing what is right. These Western countries…