Disadvantages Of Globalisation Essay

A. The Treaty of Versailles was created as an agreement that Germany would pay for the damage that was produced during World War I. However, it might have been the most important creason of World War II. Many of the leaders saw it coming, yet they just ignored it. B. In what aspects did the Treaty of Versailles impact on World War II? C.

In fact, the average tax on the British people became four shillings for each pound. Trade between Great Britain and the thirteen American colonies also collapsed, causing many British business people to suffer financially. The overseas market also dried up. Income from the sale of metal and woolen products also dropped sharply because overseas trade decreased sharply during the war period. The war also affected British merchant sailors, as 3,386 British merchant ships were seized by the colonist armies.

As a result from isolationism and prices dropping, many businesses were producing too much. Because of the low income, business started to lay off workers. Many business failed and countless were left unemployed. Their supply went up but their demand went down. In return, businesses were in debt and lost a ton of money.

The British had taken over their industries, and were making a lot more of a profit than the Indians were. This also led to a drop of unemployment and poverty for the Indians, while they already had too many unemployed

If they don’t have enough silver they must borrow from a “moneylender”. In all likelihood this means that many Chinese city dwellers are in debt, leading to cities with distinct social classes. The rich will continue to live a luxurious life with all the silver currency, while the poor will continue to suffer in search for money (Doc.

Small farmers could not compete with the new economic climate and were driven out of business. Advances in technology increased production but also caused overproduction of food;however, food demand did not rise with the increased production. With this all adding up, increased food production and farmers without jobs, it only added to the unemployment of the time. (Wall Street Crash of

These individuals are more susceptible to intoxicating environments because their communities lack accessibility to supermarkets, jobs, businesses, health centers, and security. The

While a number of factors contribute to

The most serious of the many effects of unemployment is the effect on the economy. “Higher unemployment will cause a fall in tax revenue because there is less people paying income tax. Also the government will have to spend more on unemployment and related benefits” (Pettinger). With a fall in tax revenue, the nation’s income as a whole is reduced, which decreases the amount of money in circulation, increasing the United State’s federal debt. Also, government pays for the welfare programs, so if there are more unemployed people, that means more money from government to support those

Illegal Immigration Our topic is the negative side of Illegal Immigration. We believe that Illegal Immigrants are bad for the United States. We think immigration is bad because americans lose jobs to immigrants, there is an increase in poverty and having more immigrants in the United States will just encourage more bad behavior and it will encourage more immigrants to come.

The banks where going bankrupt due to many loans they gave out. The stock market started to crash because people started to borrow money they invested to survive. Depression was a very hard time but it took all these other factor to cause the Great Depression to

Fayez Hussein In the essay “Is Philanthropy a Bad Idea?” the authors doubt the role of philanthropy in society as they claim that they are practically required by the government, take away government responsibility, and how unstable they can be. The authors claim that because governments allows for such an unequal balance of wealth to exist it requires philanthropies to exist.

It is sort of the opposite of the pros in a way. You see when redistribution is taking place, big businesses and the wealthy are unable to create businesses, and hire. It acts as a cinder block in a way that it can bring the economy down. One last note regarding cons is that many despise redistribution because they feel they are forced to give their hard earned money away and that it promotes laziness even. I personally find my view leading against income distribution for not only political reasons, but for economic reasons and how it can effect the aggregate

America 's infrastructure plays a large role in america 's economy. One example of a change will be through transportation. Not having a stabilized form of transportation, will result in society not having a safe route to work. “If investments in infrastructure aren’t made at this time, families will have a lower standard of living, businesses will be paying more and producing less and our nation will lose ground in a global economy.” (America 's Infrastructure Report Card).

Unequal Distribution of wealth was one of the biggest causes of the great