Introduction The start of World War II prompted countries to make large technological advances. With the war raging all around the world‚ and more and more countries entering the fray‚ it was especially important for governments to continue to develop new technologies to get a step up on their opponents. Many new weapons‚ vehicles‚ and ways of communication were developed and used against the Axis of Power. In today’s modern wars‚ many of these technologies have been improved and are still used
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Germany After the first World War‚ Germany was forced to pay large reparations an give up land. Germany didn’t have the money to pay to the major powers so they just made more instead. This then caused hyperinflation which led to a world-wide depression. This world-wide depression caused massive unemployment rates but a rise in socialist ideas that caused nationalism and hope to come back to Germany. During this time period‚ after the war‚ due to the reparations; Germany suffered hyperinflation
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aircraft and 5000 heavy artillery pieces. This would have made the war totally impossible to carry on. The allies instead of providing a peace settlement based on the 14 point plan as Germany had though instead made the treaty very humiliating with the aim of keeping the Germans down. The key points of the treaty that contributed to the conditions in Germany that lead to the rise of National Socialism are; 1. The war guilt clause 2. £6‚600mil to be paid in reparations 3. Disarmament‚ The
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MSS220 US Economy After the Civil War The north and the south both experienced a slight struggle after the Civil War concerning agriculture‚ commerce and the state of the economy. A southern newspaper out of Augustus County‚ The Staunton Spectator‚ offered several articles that gave insight as to what the conditions were like after the war had ended. One article‚ “Grape Culture” explained the possible profit one could obtain by adding grapes to their normal crops. Grapes were extremely expensive
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Browning The Greatest War The twentieth century is full of historically significant events ranging from the invention of penicillin to the first man landing on the moon. Yet‚ when people think of the twentieth century‚ these great accomplishments are shadowed by what seems to be an endless war. Of these many wars that occurred in the twentieth century‚ the one that holds the most historical significance is World War II. World War II was a war even unlike the First World War having an estimated death
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The Economy and the West After the Civil War After the Civil War‚ the government’s role in the economy and westward expansion changed. They became more focussed on helping big industrial businessmen and no longer need to worry about taming the West. The economy itself changed greatly in the post Civil War era. The Industrial Revolution led to a new kind of big business. Now men like Carnegie‚ Rockefeller‚ and Vanderbilt had huge monopolies and trusts‚ making it nearly impossible for the common
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Japanese Economy ― Development‚ Japanese/Asian Style ― For Students in the EDP&M Program April 2007 Shigeru T. Otsubo* GSID‚ Nagoya University (w/ inputs from Prof. A.Furukawa‚ Ritsumeikan Univ.) For Students in the Economic Development Policy and Management Program Prof. Shigeru T. OTSUBO The purpose of this presentation is four-fold: 1) to introduce the macroeconomic development process of the postwar Japanese economy (the so-called “Miracle Recovery”); 2) to explore the Japan-specific
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According to Adam Smith economic principle‚ laissez-faire‚ the market economy does not need the intervention of government. The price in the market is decided by the invisible hands‚ the intersection of demand and supply (Fine‚ 1964). In contrast‚ John Keynes stated that in order to increase consumption and investment‚ the intervention of government is prerequisite (Yearwood‚ 2013). After World War I‚ America experienced unprecedented economic boom. Industrialization and introduction of new technologies
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Japan and its economic development: Japan is one of the most studied economies in the world‚ due to its spectacular growth in three different periods. The three periods have huge gaps between themselves. At first we will see the foundation of Edo (1603) with the whole inland economical developments‚ secondly we will see the Prewar period(1868-1945) and thirdly we will see Japan after the defeat of World War II (1945) (postwar period)when the island nation rose to become the world’s second largest
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World War 2 started in 1939. It began when Hitler invaded poland to gain more land. The invasion of poland caused a chain reaction of countries joining the war because they had alliances. With war emerging around the world‚ it was important that the governments kept developing new technologies and strategies to keep up with the other countries. Countries began creating new vehicles‚ weapons‚ ways of communication. Many of the technological advancements created during this time are still used today
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