Decline of the British Empire 1945- 1970’s 1945: End of World War II The catastrophic British defeats in Europe and Asia between 1940 and 1942 destroyed its financial and economic independence‚ the real foundation of the imperial system. It also erased the old balance of power on which British security - at home and abroad - had largely depended. “Britain had survived the war‚ but its wealth‚ prestige and authority had been severely reduced.” The British found themselves locked into an imperial
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Problems Identified By The Narasimham Committee 1. Directed Investment Programme : The committee objected to the system of maintaining high liquid assets by commercial banks in the form of cash‚ gold and unencumbered government securities. It is also known as the statutory liquidity Ratio (SLR). In those days‚ in India‚ the SLR was as high as 38.5 percent. According to the M. Narasimham’s Committee it was one of the reasons for the poor profitability of banks. Similarly‚ the Cash Reserve Ratio-
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YOLO is an acronym for "you only live once". Similar to carpe diem or memento mori‚ it implies that one should enjoy life‚ even if that entails taking risks. The phrase and acronym are used in youth culture and music. The phrase and acronym were popularized by the song "The Motto" by Canadian rapper Drake. Contents [hide] 1 Background 2 Use in music 3 In youth culture 4 Criticism 5 References Background The phrase "you only live once" is commonly attributed to Mae West‚[1][2] but variations
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Background of SportStuff.com SportStuff.com is founded in 1996 by Sanjay Gupta. The company is supplying affordable sports equipment for the parents to their children. Sanjay Gupta created the idea of this business because the parents complained that the children grow rapidly. It was not efficient and wasting money to replace the sports equipment for the children frequently. Since parents had to replace new expensive skates‚ skis‚ jackets‚ and shoes so often that it became of the rapid growth of
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Yiheli Tesfu | Homework I | ECON 545: Business Economics | Sir‚ Edward Melton | Jan. 5‚ 2013 | S2 S2 S1 S1 D2 D2 D1 D1 8. Using the figures above‚ answer the following questions: a. On the Demand panel: ■ Show an increase in demand and label it D1. ■ Show a decrease in demand and label it D2. ■ Show an increase in quantity demanded. ■ Show a decrease in quantity demanded. ■ What causes demand to change? Answer: Changes in demand comes from various factors. Changes
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Some of the world’s strongest powers today started out colonizing in America. The entire race to colonize in the new world started with Christopher Columbus’s desire to find a shorter route to India. Since then‚ Spain and Britain seized the opportunity to colonize in the new world for their countries gain or to simply start over. The English and Spanish colonies were able to flourish in the new world even though they differed in motives for colonization and social layout; yet both colonies were similar
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What wasn’t that great about it One of the only problems I had with the GO-GO Ultra X was its maximum travel distance - it can only drive for 8 miles on one charge. That’s a shame‚ since it’s otherwise so mobile and maneuverable‚ you’d think the manufacturers would want to take advantage of that as much as possible. Final Verdict The slower speed and shorter battery duration means that this scooter is best suited for short-range travel indoors or to the store. But when this scooter is in its element
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The Go-Between This whole story is filled with feelings for different things. At first the Article 13 is mentioned‚ which is an article about the Human Rights. “All Human beings are born free and equal.” Which is clearly shown is a lie or the contract isn’t being held as they should because a lot refugees is getting tortured in the story‚ just like a big part of them are being held captive in the real world today. A home is something you can connect yourselves to‚ like something you won’t be able
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not rebel on the invasion of the Japanese ‚ this was insulting to the statue of British power. And then following in 1942 was the fall of Singapore‚ Burma and Tobruk in Africa. Even though all these colonies were restored after the War‚ the fall of them did have a huge impact on the Empire. Most significantly was the fall of Singapore‚ as according to Churchill “it was the worst humiliation of the British army ever.” Such event taking place gave a new image of Britain; it made her look weak‚ and
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GO GREEN! The importance of environmental awareness and activism is high‚ at least to me and my family. People in the communities work better when others are leading and giving the example. Being “green” is important because we a re trying to savage the planet earth and the future generations. Using high efficiency energy saving lightbulbs and recycling is not something I was doing because of reading a magazine or watching the television‚ it was something I begun doing because others were doing
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