Assessment Unit 1: “ANALYZE THE CAUSES AND CONSEQUENCES OF THE GREAT RECESSION OF 2007-2009.” Prepared By: Okunlaya Babatunde Badrudeen (0804954) Course Title/Code: Global Economy (EC1013A) Tutor: Rolve Melfe INTRODUCTION The financial crisis of 2007–2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by
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how the first world war effected the American people‚ and how the war helped shape the country we know today. The war started when Archduke Franz Ferdinand and his wife Sophie were touring the city of Sarajevo in the newly acquired country of Serbia. The Serbian Nationalistic group the "Black Hand" plotted to assainate him‚ so‚ Gavrillo Princip shot Franz Ferdinand in June of 1914. Anyway this led to a big conflict in Europe‚ and all the major powers took their sides. This war was a big excuse
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World War One was started when Franz Ferdinand of the Austrian-Hungary empire was assassinated on June 28‚ 1914 by a group of Yugoslavic nationalists in Serbia‚ Serbia was tired of being in the Austrian-Hungary empire‚ The Austrian- Hungary empire quickly declared war on Serbia‚ starting the international conflict. The strife between these two nations escalated when Russia‚ an ally of Serbia‚ joined the war. Subsequently‚ other powers of Europe got involved because it was an agglomeration of allegiances
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The causes and consequences of rural to urban migration. In many countries‚ particularly in third world countries there is a noticeable pattern of rural to urban migration. This pattern of migration is not a new phenomenon. There are various reasons for its occurrence and these reasons may vary from country to country and over periods of time. The consequences of this type of migration however have similar results for different countries and over periods of time. One cause of rural to urban migration
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Key People of World War One ➢ Britain |Military | |Political | | |Name |Description |Name |Description | |Sir Douglas Haig |British Commander-in-chief 1915-1918. |Herbert Asquith |British
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Main Cause Of World War One Going into a war that was predicted to change the world‚ soldiers were excited‚ however‚ they came home sad‚ broken and depressed if they even survived. This war was called World War One‚ The War to End All Wars‚ or The Great War. It was a violent battle between the triple entente and the triple alliance that dragged many other nations to war as well. The Triple Entente was made up of France‚ Russia‚ and Great Britain. The Triple Alliance was made up of Germany‚ Austria-hungary
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War of the Worlds was written in response to several historical events. The most important was the unification and militarization of Germany‚ which led to a series of novels predicting war in Europe‚ beginning with George Chesney’s The Battle of Dorking (1871). Most of these were written in a semi-documentary fashion; and Wells borrowed their technique to tie his interplanetary war tale to specific places in England familiar to his readers. This attempt at hyper-realism helped to inspire Orson Welles
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The direct cause of WW1 was the the assassination of Archduke Franz Ferdinand at Sarajevo on June 28‚ 1914. Historians felt that a number of factors had to do with the rivalry between the great powers that allowed war to break out. Imperialism‚ Militarism‚ and Nationalism have a role to play in the cause of WW1. Africa and some parts of Asia were points of contention among the european countries. The raw materials these areas could provide‚ caused increasing competition. By 1914‚ Germany had the
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Causes and Consequences of the 1905 Russian Revolution The Revolution of 1905 was the first time the Tsar had faced opposition from so many groups in Russian society at the same time. A long-term social and economic cause of the 1905 Revolution was the continuing anger of both peasants and landowners to the emancipation of the serfs 1861. Although this piece of legislation had brought an end to serfdom‚ peasants still remained tied to the village commune (mir) and were angry at the
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the world we live in today. World War One‚ World War Two‚ the Cold War all come from the assassination of Franz Ferdinand. The victims were the heir to the throne of the Austro-Hungarian Empire‚ Franz Ferdinand‚ and his wife Sophie. They were returning from an official visit to City Hall. The assassin‚ 19-year-old Gavrilo Princip was a Serbian nationalist. He thought the death of the Archduke was going free his people to the Austro-Hungarian Empire. But how could the death of one person cause the
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