Enron: Questionable Accounting Leads to Collapse The Enron Corporation was established by integrating two major gas pipelines in 1985. The Company provided products and services related to natural gas‚ electricity‚ and communications and it was one of the world’s leading organizations at these sectors with claimed revenues of nearly $101 billion in 2000. Throughout the 1990s‚ Chair Ken Lay‚ chief executive officer Jeffrey Skilling and chief financial official officer Andrew Fastow transformed
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According to Jared Diamond there are five main characteristics that play a part in societal collapse: environmental damage‚ climate change‚ hostile neighbors‚ friendly neighbors‚ and cultural responses (Curren). Many early societies that collapsed experienced these problems such as the Sumerian civilization that was destroyed by their neighbors‚ the Elamites. Ancient Egyptian civilization was ruined by people infiltrating their country and changing their perspective on religion. The Rapa Nui civilization
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but the real damage is done psychologically. Some experience literal invisibility‚ where they’re isolated from the people the love. For others‚ they’re forced to go through figurative invisibility‚ where they’re dehumanized past the point of sanity. Miné Okubo‚ an American-born Japanese‚ was quickly isolated from her home after the bombing of Pearl Harbor. As for an American POW‚ Louie Zamperini‚ war meant years of hard labor‚ beatings‚ and starvation‚ all while he had no communication with his family
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The Collapse of Communism in Eastern Europe The collapse of communism in eastern europe can be based on three disticnct factors. Factor 1: People Power May: Hungary opens its borders with non communist Austria. Hungarians had already been granted the rights to free travel. However many east germans started using this route to get to west germany. June-August: protests against communist rule In poland continue throughout the summer. In august‚ communist party leaders agree truly free elsections
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In 2010 33 miners were held captive inside a mine for 69 days with not enough food and water to live for 3 weeks (Tobar). How did all 33 miners survive in this mine with only enough food to last less than half of the time they were in there? What engineering took place for the outsiders to get food down the 2‚300 ft mine(Boyette Chris‚ Michelle Rozsa‚ Rosa Flores). The miners outside of the mine used a drill to make a hole in the mountain and place a tube down the hole and sending food down to the
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Soviet Union fell including a stagnant economy‚ new reform policies‚ or general dismissal of communist ideology. Many of the issues that were either unresolved or worsened stem from Mikhail Gorbachev reign as General Secretary from 1985 until the collapse in 1991. While there were a plethora of issues surrounding the Soviet Union‚ Gorbachev seemed to be the focal point of where things went from bad to worse. Though Gorbachev had the Soviet
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Nicholas’ autocratic ruling of Russia further accelerated his downfall. The events of “Bloody Sunday” also played a dramatic role in the collapse of Tsardom. “Bloody Sunday” which was originally meant to be a peaceful protest by disgruntled steel workers in St. Petersburg took a twisted turn of events which forever tarnished the name of Tsar Nicholas II. Angered by the poor working conditions and the on-going war with Japan‚ thousands marched towards the Winter Palace to plead with the Tsar for reform
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realm and to some extent for the peasants. After his death Karl Knutsson became king of Norway and Sweden as he was the Swedish anti-king before. Denmark instead chose Christian I. of Oldenburg in 1448‚ who had the support of the Hanse and led to a collapse of the Kalmar Union. A time of war and chaos followed as Denmark fought against Sweden from 1451 until 1456 and a rebellion awakened in 1464. The fighting continued until Denmark and Sweden came to a peace treaty in 1473 – again signed in Kalmar
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First‚ the Sino-Japanese war caused the collapse of the tributary system‚ the Qing government lost the leading position in the East Asia. Tributary system had a long history in China and could be traced back to the Zhou Dynasty. The tributary system was a reciprocal relationship between superior and inferior comparable to the Three Bonds that kept China’s domestic society in order. After the establishment of the Zhou Dynasty‚ the Zhou emperor established a “feudal” network‚ enfeoffing (fengjian 封建)
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The Weimar Republic started in 1919 to substitute the German empire. The name came from the city of Weimar. The Weimar Republic had faced a lot of problems through those fourteen years such as not continuing their alliance with the winners of the First World War‚ hyperinflation‚ and political extremists. They had also stopped some of the demands of the Treaty of Versailles. The Reichstag Fire Decree was basically the start of the Communist revolution which led to the elimination of the constitutional
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