The Central

The period between 1980 and 2000 displayed extra ordinary macroeconomic stability, and became known as the great moderation (Investopedia, 2016). The years from 2001 to 2007 lie between two remarkable, but very different episodes and U.S. economic history. In 2001 our economy was faced with a mild recession. It was caused by the Dot.com bubble, 9/11 attacks, and the outrageous accounting scandals. The Fed intervened by implementing new credit into the economy, pushing interest rates to their…

charges all banks and all finance corporations for loans. The MPC make the decisions on the level of interest rates. Economic growth is an aim of the Bank of England, this is done by preserving the government’s policy and price stability. The British central bank has two main sections they must deal with and they are financial and monetary stability. Monetary stability has two main criteria; 1. Sureness in currency 2. Sound prices Stable prices are maintained by ensuring that the government’s…

the Sea of Japan to the Carpathian Mountains at its height, making it the largest contiguous empire in history. The Mongol Empire was founded by Genghis Khan in 1206, and at its height, encompassed the majority of territories from southeast Asia to central Europe. An empire arose in the steppes of Mongolia in the thirteenth century that forever changed the map of the world, opened intercontinental trade, spawned new nations, changed the course of leadership in two religions, and impacted history…

The stock market has always been known as the "barometer" of the national economic growth and development, played price discovery, resource allocation of investments and other important roles in the modern economic market. With the expansion of the scale of stock markets, the impact of stock markets on economy is becoming more and more important, and the expansion or contraction of the stock prices have become an important cause of the macroeconomic fluctuations. In addition, the government…

To what extent was the collapse of the stock market in 1929 responsible for the Great Depression? Topic – Causes of the great depression Focus – How much was the great crash to blame for the depression that followed Limitation – Great crash, depression, and other factors within that given time period Instruction – Give a balanced account and finalise to what extent the stock market collapse was to blame Traps – Don’t write about causes of the crash, do mention other causes PLAN Hayek: natural…

Introduction Inflation is defined as the sustained increase in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer buys fewer goods and services. Accordingly, inflation reflects a drop in the purchase power per unit of money, a loss of real value in the medium of exchange and unit of account within the economy. A major measure of price inflation is the inflation rate, the annualised percentage…

Why China can make coalition and alliance within Asia? China has been regarded as the most prominent rising power in the world during the last decades for its significant economic growth and more active role in the regional or multinational organisations. Further, the important statues of China has even warned the U.S. that this growing power with ambition may change the world order in the future and challenge its hegemonic place (Hurrell, 2014). The U.S. assertion may seems pragmatic as some…

Although the early post classical Silk Road and sub-Saharan trade routes were both very political trade routes, they had differences such as their level of exposure and outside influences and the cultural differences along the trade routes like musical rituals for Sub-Sahara and artisan goods on the Silk Road. Both the Sub-Saharan and Silk Road trade routes had significant political involvement in their trading economies. The Sub-Saharan trade route was the basis of the economy and politics in…

Is Kakutani’s point right or is it wrong? Jon Stewart, a moderate comedian, delivers cable news The Daily Show with witty dialogue to charm people. His job is amusing the audience rather than informing them. Not to mention, today’s Comedy Central program The Daily Show with Jon Stewart carries a broader perspective of how the audience should understand society. With this in mind, many divergent audiences enjoy watching The Daily Show more than any other cable news in television. Stewart…

Mongols, referred to as barbarians, named after the ancient greek word “barbaros” , meant for foreigners, was a negative term referring to people lived beyond the civilization and were savage or evil. Located mainly on the east central Asian plateau, the mongols appeared in different areas, as in Russia and Vienna. Many still consider them mysterious, considering they didn’t have a written language, no permanent homes, no metal works, and not much artifacts to track them down. Only two Mongol…