a way to pay off the debt. They are hoping to find an agreement or plan by the next meeting on June 15. The EU will have to give out a fourth loan for Greece but they know that with this new loan they will never be able to pay off the debt. The EU did agree back in 2015 to give Greece 86bn as a rescue package to save Greece from crashing out of the eurozone. This was their third loan to save Greece. There was a slight way out of this when the Greek government added extra pension cuts and increased
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Georges Clemenceau of France‚ Woodrow Wilson of the United States‚ and Vittorio Orlando of Italy‚ also known as the big four were very involved in the treaty but all had different inputs and thoughts. Germany agreed to the Treaty of Versailles but they did not realize all of the work they would need to do to. After the Treaty of Versailles was ratified‚ Germany was in need of money and angered by the outcome of the war.They were not allowed to import or export goods‚ or trade
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The vietnam war was a long war between North and South Vietnam and America was the ally to South Vietnam to possibly stop the communism to take over the regime. America invested a lot of time and money into the process‚ only to be defeated. For the most part the Vietnam War had caused the United States major repercussions. The Vietnam War had established negative issues on the economy‚ foreign policy and immigration in the United States. The Vietnam War affected the U.S. economy in a negative
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As factories and companies grew the amount of jobs increase causing a big uproar in population in cities. The growth in Urban areas grew so quickly by mid century close to half of the European population lived in cities. The change in demographics did have some positive effect on some individuals like those of the Bourgeoisie class‚ but more importantly the change also had a major negative effect on the majority of people during this time. Both in and out
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1.0 Introduction Industrial Revolution was a period from 1750s to 1850s. It was first started in Great Britain particularly in England then spread to Western Europe‚ japan and northern America as well as rest of the world. This industrial revolution was a process where machines take over the functions of hand tools‚ thus‚ the production increase. Many new machines were invented by the inventors in this period‚ for example‚ James watt invented the steam engine in 1755 to pump water out of mines.
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en a problem since Haiti became and independent nation. Because of Haiti’s rough economic start as a free nation and foreign and internal factors‚ Haiti was not properly set up to industrialize and be able to join a competitive free market without damage being done to the local industries that support Haiti. Before Haiti became a free‚ independent nation‚ it was sugar and coffee producing powerhouse owned by the French that relied on slave labor. By period of the French Revolution‚ plantations in
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In the years leading up to the Civil War‚ the United States began to undergo significant changes‚ changes that would eventually lead to the secession of southern states‚ creation of the confederacy and the beginning of the Civil War. During these years‚ the nation was in the midst of a transformation from an underdeveloped nation of farmers and frontiersmen into an urbanized economic powerhouse. As the industrialized North and the agricultural South grew apart‚ acute differences in political‚ economic
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Historians have different opinions on how the Civil War impacted the nation’s industrialization: positively or negatively. During the war‚ manufacturing increased greatly and the number of factories in the North doubled. However‚ men were also being shipped off to both armies to fight‚ leaving
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Slavery’s Effect on Political Party’s During antebellum America there were a lot of different parties‚ acts‚ and compromises created due to slavery. This issue is what eventually led our nation to the Civil War. Although U.S. expansion during the 1850’s was not the main reason why the nation got torn apart‚ the increase of land was a catalyst to it. The fact that there was equilibrium in congress between the North and the South was basically the last hanging thread before war. After the conquest
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distributed around the country‚ as well as the rest of the world. That led to the invention of canals. In the early days of the Industrial Revolution (around 1750)‚ roads simply could not handle heavy goods and the vehicles needed to move these produces did not exist.5 The first canal was completed in 1761 by an engineer called James Brindley who was commissioned by Duke Bridgewater. The big advantages to using canals were that manufacturers could ship more products and heavy goods (such as coal iron and
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