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    Levisalles Amaury Georg-August-Universität Sommer Semester 2012 Göttingen WHY NATIONS FAIL D. ACEMOGLU & J.A. ROBINSON Seminar Paper CHAPTER 5 "I’VE SEEN THE FUTURE‚ AND IT WORKS": GROWTH UNDER EXTRACTIVE INSTITUTIONS What Stalin‚ King Shyaam‚ the Neolithic Revolution‚ and the Maya city-states all had in common and how this explains why China’s current economic growth cannot last. Summary Resume of the Key Statements of the Chapter Description of the Original Researches used

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    seen in this way‚ there was no choice but to take his repreentation away from the lawyer very soon‚ at best that very evening the lawyer had told him‚ as he talked to him‚ that that was something unheard of and would probably do him a great deal of harm‚ but could

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    chronological lens. As a historical rule‚ financial capital drives globalization. Globalization‚ at its core‚ is access to capital and expanding liquidity enabling investors to serve as the catalyst for technological advancement and societal development. Why did Spain become a world power from 1492-1763? Money. The same could be said of the United States in the 20th century. Money enables the discovery‚ invention‚ and innovation that serves as the foundation for population growth‚ technological advancement

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    the source of his cruelty originates from two main personal insecurities that cause him to lash out. The first major issue Curley struggles with is his size. He is short and therefore referred to as “scrappy.” This really bothers him and makes him feel inferior and hence his need to prove his masculinity. To compensate for his small stature and to show his strength he is continually picking fights with larger men or with people who are smaller and weaker then himself. “Well . . . tell you what. Curley’s

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    depend on. This plan plan was formed in 1905‚ so the plan lacked in industrial issues. For example‚ machine guns and other modern weapons that could create a big hole in the plan. Ideally the plan was to have the German forces outnumber the French and win their battle. Then have them use the train tracks to quickly move over to the eastern front and fight Russia. The original plan was to have most of the German troops march through Belgium and the Netherlands to Northern France. They knew this would cause

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    most vastly known as Sultans in this period and dynasty. During the first world war‚ Mehmed V was the ruler of the Ottoman Empire and he took control in trying to lead the country of Turkey when they first entered World War 1 in 1918 in the side of Central Powers. The Ottoman Empire was successful in many battles which gained them a vast amount of land expanding their territory. The Ottoman empire would eventually go through an economical crisis during the 1800s. This crisis was the foundation for

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    NEW PRODUCT FAILURE In this era of tight competition from domestic and global firms the firm who don’t come out with new products are putting themselves at great risk Because their existing products are prone to changing customer needs‚ shorter product life cycles‚ new technologies and increased competition. Despite years of research and huge capital being pumped in to understanding the consumer‚ making a launch successful is still a difficult task. The new product largely depends on the product

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    Why Did Henry Ford Fail

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    When questioned about his long‚ unsuccessful endeavor to create a lightbulb‚ Thomas Edison replied‚ “I have not failed 1‚000 times. I have successfully discovered 1‚000 ways to not make a light bulb.” A great leader isn’t defined by accomplishments (although it definitely plays a role); they are defined by how they can learn and improve from failure. In truly successful leaders‚ I noticed that each had learned from past adversities or mistakes. Henry Ford‚ Fred Smith‚ and Bill Gates have all faced

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    why to do this job

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    WHY DO YOU WANT THIS JOB? “I am certain that I can make an impact and bring benefit to the company and to myself. This job would allow me to use my proven skills to bring great value to this company( specific example of how your skills bring value! ). I applied for this job since it matches my skills and abilities‚ my previous experience and positions. This job is a logical step forward for me and if I was appointed then I feel you would not be disappointed.”  WHY DO YOU WANT THIS JOB

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    the campaign was a failure. It was a failure as we did not successfully push through the Turkish lines to Istanbul‚ and then on to attack the Germans on another front to help the Russians who were suffering heavy causualties at the time. So‚ heres why we retreated: * Second thoughts in Parliament: worth the casualties??? * Supply lines were not working. Men did not get enough stuff * No one knew how to do an amphibious assault: we just rowed to shore * Lack of Leadership: General

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