going on during this decade than that. The 1970s‚ for those who lived in it remember having to wait in long lines at gas stations due to gas shortages. This became known as the oil crisis‚ which occurred in 1973 and 1979. Both of these crises caused a recession. As this comes with any recession‚ households and firms became uncertain about the future and weary of their dependence on foreign goods and the sustainability of the United States economy. The oil crisis dramatically affected the households
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As a result‚ the 1970s adversely distinguished itself from the prosperous postwar period between 1945 and 1973. The oil shocks of 1973 and 1979 added to the existing ailments and conjured high inflation throughout much of the world for the rest of the decade. U.S. manufacturing industries began to decline as a result‚ with the United States running its last trade surplus (as of 2009) in 1975. In contrast‚ Japan’s economy continued to expand and prosper during the decade‚ boosted by growing exports
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solids. Appl. Optics. 9:627–632 Sharma VK‚ Aulakh JS‚ Malik AK (2003) Fourth derivative spectrophotometric determination of Shibata S‚ Furukawa M‚ Goto K (1969) Dual-wavelength spectrophotometry. Part 1. General method Shibata S‚ Furukawa M‚ Goto K (1973) Dual-wavelength spectrophotometry.Part IV. Qualitative and quantitative analysis by means of first-derivative spectra Shibata S‚ Furukawa M‚ Nakashima R (1976) Dual-wavelength spectrophotometry. Part VI. Shibata S‚ Goto K‚ Ishiguro Y (1972) Dual-wavelength
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Chile Woman‚ which won the award for the best original production at the New England Regional American College Theatre Festival in 1973. As a graduate student‚ Jones studied with poet Michael S. Harper‚ who took an interest in the manuscript of her first novel. He submitted the manuscript to Toni Morrison‚ then an editor at Random House‚ and Corregidora was published in 1975. The novel portrays the life of a blues singer‚ Ursa Corregidora‚ who confronts the legacy of exploitation in her family’s past
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change. In 1974‚ the White Australia Policy was scrapped. And throughout the decade‚ women won the right to equal pay and maternity leave and Indigenous peoples made progress on land rights. In 1972‚ Australian troops were withdrawn from Vietnam and in 1975‚ the nation was rocked by the dismissal of Prime Minister Gough Whitlam. The 1960s hippie movement also continued into the early 1970s‚ with many young people adhering to the values of peace‚ love and freedom and protesting against issues concerning
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As the Obama administration ’s early August debt-deadline continues to approach‚ it has become near impossible to ignore all the coverage and chatter about the looming U.S. debt crisis. Headlines have been dominated by the constantly shifting story‚ while those with interests in the stock market have been nervously monitoring their assets. Doomsayers have called it potentially one of the largest financial crises in history‚ while lawmakers have insisted the American government‚ with the "too big
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I. Conceptual Framework A. Background 1. United States of America from 1944 to 2016. In the mid-twentieth century‚ when the Second World War ended‚ the United States enjoyed wealth and prosperity unknown in foreign lands and rose to a summit of power. The interests and influence of Americans extended far from home. Their commerce was carried by merchant ships and aircraft to distant cities. The dollar was the standard of international finance and the credits of American banks flowed everywhere
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Labour Party In Power 1945-51 * Labour had won 393 seats compared to conservatives 213. * Reasons for Labour large scale victory in 1945: * Conservatives handicaps – had not understood the needs of ordinary people. Poor economy and unemployment with previous conservative government‚ unconvincing election campaign. * Labours advantages – attractive image (zeitgeist)‚ Labour better fitted to carry out post-war construction‚ leading labour figures gained respect from electorate during
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Introduction In general the economy tends to experience different trends. These trends can be grouped as the business/trade cycle and may contain a boom‚ recession‚ depression and recovery. A business/trade cycle (see figure 1) is the periodic but irregular up-and-down movements in economic activity‚ measured by fluctuations in real Gross Domestic Product (GDP) and other macroeconomic variables. Samuelson and Nordhaus (1998)‚ defined it as ‘a swing in total national input‚ income and employment
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1) II República y la guerra civil The Second Spanish Republic was proclaimed when King Alfonso XIII left the country following municipal elections in which anti-Monarchical candidates won the majority of votes‚ and the Spanish population celebrated the beginning of The Republic and social pressure made the political regime change. Its government went into exile on April 1‚ 1939‚ when the last of the loyalist Republican forces surrendered to rebel forces (calling themselves nacionales) led by Generalísimo
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