Adnan Khawaja 1EP-5 4/2/12 (Super Awesome Title) The Ottoman empire; one of the greatest empires in history. The Empire‚ at its height‚ ruled most of the land around the Mediterranean. It contributed much to culture‚ science‚ religion‚ war‚ politics‚ and the world. Its monumental fall will be known throughout history. How can the swift decline of the Ottoman power be explained? Perhaps the best way to understand how important this event was‚ there needs to be a brief explanation of the history
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The major difference between a command economy and a market economy is that a command economy is told what to do by the government. A market economy does things for the people‚ the people decide what they want. The command economy is told what to produce‚ who to produce to‚ and how to produce by the government. The market economy is told is told what to produce‚ who to produce to‚ and how to produce by the people. I think that profit is the best one because you will still have money left over after
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Roman Empire declined and fell because of politics. However‚ the empire was strong at a point until the third century crisis happened. The last emperor before the crisis began was Marcus Aurelius‚ and the empire went from peaceful and Pax Romana to catastrophe and they called it “the anarchy.” There were both internal and external conflicts throughout the empire. The external problems were the violations of the borders by the Germanic tribes and‚ “full-scale war with Sassanian Persian Empire on eastern
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Ottoman Empire The decline of the Ottoman Turks Empire despite the interventions to save it has always attracted the attention of historians. The decline which started in the second half of the 19th century is believed to have been as a result of conflicting political and social aspect in the empire as well as the economic situation of the empire. This led to the dismissal of the ottoman rulers by the Europeans as competent rulers who could lead the empire to modernization. The empire was faced
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of the world. The west had also spread three notions that would inevitably cause the collapse of the once powerful Ottoman Empire. All three notions Industrialization‚ Constitutionalism‚ and Nationalism are actually symbolically like swords that would eventually kill the Ottoman Empire. Industrialization was actually one of the first swords‚ which stabbed the Ottoman Empire. Industry in Europe was transformed by the various technological innovations that were used that allowed the surplus production
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E to the 200’s A.C.E the Roman and the Han Empire’s fell. The Roman Empire had 2 centuries of Pax Romana (Peace in Rome) that ended with the death of Marcus Aurelius and started the decline and fall of the empire. In the Han Empire Liu Bang ruled the Empire very peacefully and restores unity to China‚ Bang established a centralized government‚ lowered taxes and softened punishments. Following Bang’s death Wudi ruled the Han empire and was known as the Martial Emperor because he wanted to expand China
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several different ways. The two main economies that seem to act as basic levels of functioning economies are command economies and market economies. These two economies work in various ways and provide interesting things for consumers and businesses. However‚ even though a command economy and a market economy have various similarities and differences‚ a market economy is ultimately more beneficial for a country. Command economies and market economies have different degrees of government
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MARKET ECONOMY | PLANNED ECONOMY | * The market economy is not run by a high authority. Instead it is run by many individuals regarding production‚ consumption and work. * The market is free and prices can be of a wide range * The market economy is intended for a middle/upper class. This is because people can earn as much money as they want‚ upper class people don’t have to distribute a profit evenly. * The theory of the market economy is to give people the capability to earn as much
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culture had that was because of the Byzantium Empire. If not for these contributions‚ then there could be a remarkable difference in how things are today. The Byzantium Empire’s contributions to European culture has had an effect on society today through architecture‚ economy and laws. First‚ the architectural contributions that the Byzantium Empire had given to the European culture will be discussed. One of the architectural achievements of the empire was the Hagia Sophia that was finished in 537
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Types of Economies What is an economy? An economy consists of the economic systems of a country or other area; the labor‚ capital‚ and land resources; and the manufacturing‚ production‚ trade‚ distribution‚ and consumption of goods and services of that area. A market based economy may be described as a spatially limited social network where goods and services are freely produced and exchanged according to demand and supply between participants (economic agents) by barter or a medium of exchange
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