A sovereign state is a political organization with a centralized government that has supreme independent authority over a geographic area.[1] It has a permanent population‚ a government‚ and the capacity to enter into relations with other sovereign states.[2] It is also normally understood to be a state which is neither dependent on nor subject to any other power or state.[3] The existence or disappearance of a state is a question of fact.[4] While according to the declaratory theory of state recognition
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bubble‚ especially in US. The problem was that inflation was low and people felt this was the most important target. In targetting inflation‚ people ignored the asset bubble. (see: Mistakes of Alan Greenspan[->0]) · Bad Loans. Probably the biggest cause of the current credit crisis. Banks and mortgage companies made a serious of bad loans especially for subprime mortgages. Basically‚ people were lent mortgages they had no realistic chance of repaying. Mortgage companies and banks were left with a
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going. The second cause of the Great Depression would be easy credit. To pay for the items that could not be afforded‚ the consumers would use installment plans where a small percentage would be paid while the rest will be paid over the course of years. As a result‚ more and more debt is accumulated. More than half of the products bought were obtained by credit. Easy credit allowed the people to freely spend their money and not worry about not being able to pay back. The next cause is stock speculation
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The first part of the Medieval period saw conflict‚ commerce‚ and contagion. Prophet Muhammad gave birth to Islam‚ a religion that expanded quickly into Christian territories; the Silk Road connected the eastern markets to western consumers‚ and unwittingly created a corridor for diseases. The first four Crusades (1095 - 1254 CE)‚ while seeming to be religious wars‚ were also very much political battles fought for secular reasons like political alliances‚ trade routes‚ and control of land. The conflict
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Causes and Effects of Marriages Ending In Divorces Why do marriages in America often end in divorces? There are so many reasons why and every person has their different reasons. The main causes can be the lack of communication‚ lack of commitment‚ high expectations‚ financial‚ cheating and much more. All these are reasons for a marriage to be unsuccessful and shouldn’t be lacking. That’s why most marriages end up getting a divorce because they don’t have things in common and therefore they
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issues. Shortly after its appointment in May 2010‚ the NPC began working on its long term vision and strategic plan for South Africa – the National Development Plan (NDP). This essay will discuss the causes of youth unemployment in South Africa and‚ with the aid of economic theory‚ propose solutions to the problem. Of the 4.5 million unemployed people in South Africa‚ roughly 86% are black while not even 3% are white (Stats SA‚ 2012). The uneven spread of unemployment in South Africa is said to be
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Global Warming: Causes‚ Effects and Solutions "’The future is here. Greenhouse warming is no longer just a possibility‚ it is happening now‚’ said Dr. Michael Oppenheimer‚ a senior scientist with the Environmental Defense Fund" ("Greenhouse Warning"). Representatives from more than 160 countries met together in the first ten days of December this year to come to an agreement on a treaty to slow down global warming by setting the limits on the countries’ greenhouse gases emissions‚ which include
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From the 1960s to 2010‚ the marriage rates have dropped drastically for the working-class whites. Charles Murray wrote a book last year‚ Coming Apart: The State of White America. In this book‚ Murray explains what the statistics are and what they mean. In the 1960s‚ the middle-class marriage rate was 94% and the working-class was 84%. In 2010‚ middle-class is 83% and the working-class is 48%. This means in about 50 years‚ the marriage rates dropped 11 points in the middle-class and a mind-blowing
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THE EFFECTS OF EARLY MARRIAGE AMONG YOUNG ADULTS. Young adults may endure misery as a result of early marriage. Until more is known about their situation there can be no reliable estimates of the scale of their predicament‚ or of the social damage that is carried forward in the upbringing they give to their own children. One thing is clear is the impact of early marriage on girls and to a lesser extent on boys. Early marriage may bring negatives effect such as‚ psychosocial disadvantages‚ hardship
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Causes and consequences of the battle of Dien Bien Phu Examine the causes and consequences and consequences of the battle of Dien Bien Phu‚ 1954‚ which affected the lives of the Vietnamese until the 1960’s. Dien Bien Phu‚ 1954‚ was the final battle of the first Indo-China war. Lasting 55 days‚ the battle had French troops attempt to hold an armed camp against the Viet Minh‚ who greatly out-numbered them. Dien Bien Phu was situated in a valley in Northern Vietnam‚ surrounded by mountains. The
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