World War I started on July 28th‚ 1914. The war started because on June 28th‚ 1914‚ a young Siberian nationalist named Gavrilo Princip killed Archduke Franz Ferdinand‚ heir to the throne of the Austro-Hungarian Empire‚ in Sarajevo‚ Bosnia. Austria-Hungary needed to prove its authority after such a horrendous crime in order to maintain its credibility as a great power and a force in the Balkan region. With Russian threat of intervention looming and an unprepared army‚ Germany was required to help
Premium World War I World War II Archduke Franz Ferdinand of Austria
FINAL PROJECT- ASINAN FINANCIAL CRISIS 1997 INTRODUTION The Asian financial crisis (or Asian Contagion) was one of the most darkness crisis of Asian‘s economic beginning in July 1997. The center of this crisis included: Thailand‚ South Korean‚ Japan‚ China‚ Hong Kong‚ Taiwan‚ Singapore‚ Malaysia and Philippine. According to Prof. Charles W.L.Hill‚ University of Washington‚ “Asian financial crisis swept like a brush fire through the "tiger economies" of SE Asian”. And then‚ it raised fears to the
Premium Economics Financial crisis South Korea
Finance 111: Essay Question a) The so-called Asian financial crisis provided some valuable lessons about nation-state and global financial systems. What are some of those lessons? The Asian Financial Crisis was happened start from Thailand in 1997. It is caused by the outflow of foreign capital. Before 1997‚ one of the initiatives that Thailand try to deregulate the financial system to approachable to foreign capital is Bangkok International Banking Facility (BIBF) and foreign banks were permitted
Premium Subprime mortgage crisis Subprime lending
don’t die! Stay alive for our children.” Those were his last words. Franz Ferdinand was the archduke of Austro-Hungary. He was the heir to the empire. The assassin was Gavrilo Princip. Princip was a Serbian nationalist. The archduke traveled to Sarajevo in June of 1914. He was there to inspect the imperial armed forces in Bosnia and Herzegovina. A lot of events unfolded after his assassination. It was one of the main causes of World War 1. The archduke Franz Ferdinand was born on December 18th in
Premium World War I Bosnia and Herzegovina Archduke Franz Ferdinand of Austria
The Iranian Hostage Crisis The Iranian Hostage Crisis was a horrific event in which many American were captured and held hostage in the Iranian American embassy. In America‚ this was met with shock; spurring newfound hatred of Iranians. In the book Funny in Farsi‚ the author and her family‚ Iranian immigrants living in Southern California‚ are subjected to the scrutiny and prejudice of the people around them for that reason. At the end of the 1970’s‚ a new wave ushered America into a new
Premium United States Iran President of the United States
THE CUBAN MISSILE CRISIS The “Caribbean crisis‚” as it was known in the former Soviet Union‚ was attributed to the Kennedy administration’s unwillingness to accept the status quo in Cuba. Unalterably opposed to Fidel Castro‚ the administration organized an ill-fated invasion of Cuba by anti-Castro refugees in April 1961. After the “Bay of Pigs” fiasco‚ the Central Intelligence Agency tried to assassinate Castro and sponsored covert operations against Cuba‚ the Department of State organized
Premium Cuba United States Cold War
period 1 The Cuban missile crisis showed that America was on the “Eve of Destruction.” What “Eve of Destruction” means is how America was at the edge of something horrible/ terrifying. For example‚ in the song‚ it states‚ “If the button is pushed‚ there’s no running away” showing that there was no solution to a disaster. This relates to the Cuban missile crisis because in both situations weapons were in place in which something dreadful could
Premium Cold War John F. Kennedy Cuban Missile Crisis
Oil Crisis When thinking about the 1970s‚ many words such as hippy‚ lava lamps‚ and tie-dye come to mind. However‚ there was much more going on during this decade than that. The 1970s‚ for those who lived in it remember having to wait in long lines at gas stations due to gas shortages. This became known as the oil crisis‚ which occurred in 1973 and 1979. Both of these crises caused a recession. As this comes with any recession‚ households and firms became uncertain about the future and weary of
Premium 1973 oil crisis Inflation Petroleum
The Cause of World War I There are many different events being taught in History class every year; World War 1 being one of the main events that’s happened in the past. On June 28‚ 1914‚ in Sarajevo‚ Francis Ferdinand‚ the Archduke of Austria Hungary was assassinated by a Serbian terrorist group. This was supposedly the cause of World War I‚ but it was just the spark that started the war in a Europe already inflamed by the true causes of the great war. The major causes that started World War 1 was
Premium World War I World War II Archduke Franz Ferdinand of Austria
1 Introduction In 2008 the global financial crisis‚ which was fundamentally caused by the combination of a credit boom and a housing bubble (Acharya‚ Richardson‚ 2009)‚ affected the economy of most countries in Europe. One of the countries that were affected tremendously was Greece. Most countries that were affected by the financial crisis are more or less out of the worst period‚ but Greece does not seem to have gotten back on their feet yet. They have needed two bailout loans and they are still
Free Economics Unemployment Inflation