Euro Debt Crisis Explained by Tejvan Pettinger on July 10‚ 2014 in economics In 2007‚ EU economies‚ on the surface‚ seemed to be doing relatively well – with positive economic growth and low INFLATION. Public debt was often high‚ but (apart from Greece) it appeared to be manageable assuming a positive trend in economic growth. However‚ the global credit crunch (see: Credit crunch explained) changed many things. 1. BANK Loses. During the credit crunch‚ many commercial European BANKS lost money on
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Communism in the USSR was doomed from the onset. Communism was condemned due to lack of support from other nations‚ condemned due to corruption within its leadership‚ condemned due to the moral weakness of humanity‚ making what is perfect on paper‚ ineffective in the real world. The end of this system was very violent. It left one of the two most powerful nations in the world fearful of what was to come. <br><br>Communism can either be called a concept or system of society. In a society that follows
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Formation of Rocks The three main ways rocks are formed: • Sedimentary rocks are formed through the gradual accumulation of sediment: for example‚ sand on a beach or mud on a river bed. As the sediment is buried it is compacted as more and more material is deposited on top. Eventually the sediment will become so dense that it is essentially rock. This process is known as lithification. • Igneous rocks are rocks which have crystallized from a melt or magma. The melt is made up of various components
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Why are some countries called developing countries‚ and some developed countries? Why are some countries called developing countries‚ and some developed countries? In this essay I’m going to talk about this question. Since this is a very wide subject I could talk about only a single country or a single issue‚ but I will try to discuss about the whole aggregate. Some of the main points are starvation‚ education‚ child labor‚ safety and human rights. These issues are very different in developed and
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“It is clear that fear‚ greed and revenge were the major factors that caused the Cold War” How far do you agree with this statement when analyzing the causes of the Cold War up to 1949? The responsibility of the origins of the Cold War often triggers questions among historians yet both powers should be blamed for taking part in it. The origins of the Cold War can often be associated with fear‚ greed and revenge. Through most analyses‚ the fault was often given to Stalin’s ambitions to expand
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America reported ice persisting on Lake Superior until June. In January‚ 1658‚ a Swedish army marched across the ice to invade Copenhagen. By the end of the 17th century‚ famines had spread from northern France‚ across Norway and Sweden‚ to Finland and Estonia. Reflecting its global scope‚ evidence of the Little Ice Age appears in the Southern Hemisphere as well. Sediment cores from Lake Malawi in southern Africa show colder weather from 1570 to 1820. A 3‚000 year temperature reconstruction based on
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The following lists and describes the options for responding to and dealing with the Collapse of the Soviet Union. Development of Events The Soviet Union has collapsed due to a number of different reasons. It is mainly the direct result of the end of the Cold War. Multiple different events led to this result‚ from multiple revolutions in Europe to General Secretary Gorbachev making concessions domestically and internationally‚ led to this‚ once powerful‚ nation to collapse. In the late 1980’s
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Boost Juice Main Idea: * Obesity and health issues are becoming issues for all countries‚ and companies in the Wellness Category are seeing massive growth * A alternatives of the quick hamburger(a healthy fast food alternative) * Dan Titus‚ Director of the Juice and Smoothie Association stated. “The Juice and Smoothie business is such a lucrative venture. Smoothie-type products are sold all over the world on cruise ships and golf courses; in bars‚ movie theatres and hospitals. Companies
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Jin-Ho Lee IB History – Mr. Wade 28/01/14 How successful was Lenin (1917-1924) in solving the problems he faced? With the October revolution in 1917‚ Lenin managed to execute a successful coup d’état against the provisional government of Russia and with the death of the constituent assembly early 1918; Lenin and his Bolsheviks had finally control over Russia. However this was just the beginning of various problems he would be facing. This raised the debate on whether Lenin could deal with
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Origins of WWII - understanding the outbreak of the Second World War requires keeping a perspective on interplay of and convergence of several factors…many historians are tempted to see WWII as a continuation of WWI‚ and call the period 1914-1945‚ the Thirty Years war 1) Legacy of WWI and its Peace Treaties - the “politics” of Versailles very nearly destroyed Weimar in the early 1920’s‚ contested territorial settlements and state power (especially for Germany and to a lesser extent for Italy)
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