It had all kinds of effects in countries that were rich and poor. Cities and countries across worldwide markets that were hit extremely hard, countries that were especially hit hard were those that were dependent on heavy industry. Other sectors also hurt were construction, farming, mining and logging. But in some economies they had started to recover by the mid-1930s, but for many countries, the negative effects that the Great Depression had lasted until the start of World War 2. The 2008-2009 Financial Crisis The 2008-2009 financial crisis was the worst financial crisis since World War 2, it had threatened the total collapse of large financial institutions all around the world, which in return was prevented by the bailout of banks by national governments.
Looking back to the 1970’s, 80’s, 90’s and into the 21st century we have seen change like we have never seen before. In the 70’s and 80’s things in Ireland were disastrous for people looking too work as the economy was in a bad state. This was due to industrial disputes and inflation from oil around the world. Emigration was at its highest in years. There was massive borrowing and high tax rates as well as abolition of car tax had an impact of the economy.
For example, it made Germany to hand over 70,000 square kilometers of their lands to the allies. Also Germany had to pay 6,600 million dollars to the Allies. In addition, Germany had to reduce their army, so they couldn’t ready for the next battle. Because of those terms of the Treaty of Versailles Germany hated it a lot. After Germany signed the Treaty of Versailles nations of Germany had live miserable lives, because high inflation happened in Germany.
To touch base back with how world war had an impact on the economy and how it had anything to do with isolation was because we were loosing a lot of people and a lot of allies and most of all we were losing a lot of money.One thing that Ronald Reagan said that has been said time and time again is " History will always repeat its self." Which is true in indeed when we look at the time line. But the question I have to ask myself is why don 't we at least try to learn from our mistakes. The only logical answer I have to this is our generation. It 's ultimately up to the generation to do what they think is best for our
The Western Roman Empire fell in the year 476 A.D, there were many factors contributing to the fall of the Empire, such as unconcerned citizens, population, expansion, religion, economic, slave labor, and the military. In Document 1 it states that people gave up on the Roman Empire and didn’t believe it was worth saving. Citizens weren’t allowed to take part in politics and were excluded from their own army. The government slowly lost support which increased the level of government fraud. Also, population decline was a big factor to the fall of Rome; it had decreased from 1,000,000 people to 250,000.
On one of the most devastating days in economic history, the stock market crashed with the value of the dollar being useless. Many families were left without any warning, losing any of their savings placed in stocks. People started to worry, rushing to the banks to withdraw quickly whatever money they had left to make sure they didn 't lose anything else. Banks were closing faster than people could get to them, leaving people with nothing. The people who did grasp their money spent less on items that they needed because prices skyrocketed, which in return got people getting laid off from their jobs, worsening the economy and losing even more money.
The Civil War marked a defining moment in United States history. The American Civil War was fought within the United States between the North (Union) and South (Confederacy) starting from 1861 and ending in 1865. Known as one of the most destructive events in American history, countless people had died, families were torn apart, and the American economy greatly plummeted due to the war effort. Throughout the war, due to the many hardships that were faced, many people lost the will to continue fighting. Soldiers in particular who lost the will to continue fighting and ran away became known as deserters.
The long term economic trends keep getting worse. These trends would continue to destroy the middles classes unless changes are made. Good jobs are replaced by low paying service jobs. At the same time, the cost of everything goes up and its difficult for American families to be able to afford things needed. Health care and tuitions are also rising and now millions of American families cannot afford it.
The nullnullnullnullnullnullnullnullnullnullnullpollution was very harmful to both the people in Vietnam and the land. There were very large nullbombing campaigns during the war and these destroyed most industrial cities and transportation nullnullsystems. Due to all these major issues of Vietnams land after the war, the economy majorly nulldropped and became very poor. All in all, Vietnam’s land was left polluted, unusable, and nulldestroyed. Although Vietnam had polluted land it also had orphaned
The years of the 1930s were impactful for The United States forever. The Great Depression was the primary culprit of the change. During this time the economy hit an all time low and people were left with no, food, money, or hope. The decade impacted society in a negative way by leaving everybody poor. It both harmed and helped society when president Franklin Delano Roosevelt came into presidency.
World War I and World War II both left European states in ruins, many civilians devastated, the most casualties seen in any war and the economy in shambles. Consequently, the decline of entire empires left many people with confused identities, as these countries were acquired by other countries. The wars would have also established the formation of alliances. The aftermath forced world leaders to take on the task of reconstructing what had been destroyed. These leaders knew that the peace they had sought out in the postwar era was only temporary, but little did they know that the settlements of the First Great War would lead to another war, much more destructive than the previous one.