...WW1 Significant events Many battles were fought in World War 1 and many lessons were learnt. Whether it is the advancements of technology or the new war tactics. Three of these kind of events stand out: the Gallipoli campaign in 1915, which is important as its failure influenced many countries who participated in the battles. The battle of Verdun which was the longest battle in WW1. And finally the US entering the war which, although happened towards the end of the war, influenced the battles and the decision making around the war. After the examination of these events, the most influential event of WW1 will be established and further proved to be the significant turning point in WW1. The first turning point in World War 1 is the British Campaign at Gallipoli in 1915. This campaign was important because it improved the morale of the British public, it allowed grain to more easily flow to Russia, and it kept Russia in the war, which was needed in order for the Allies to win. On November 25th 1914, Winston Churchill suggested his plan for a new war front in the Dardanelles to the British government’s War Council. On January 15th 1915, the War Council gave its agreement and British troops in Egypt were put on alert. The Central Powers were fighting primarily on two fronts – the Western and Eastern Fronts. Creating another front would force the Germans to split their army still further as they would need to support the badly rated Turkish army. When the Germans went to assist...
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...Although, he believed he was doing what was best for America, others believed otherwise. He was either looked at as one of the best presidents, or one of the worse. I believe Herbert Hoover was a strong leader of the United States before, during, and after his presidency. Herbert Hoover was born on August 10, 1874. He was born in West Branch, Iowa. Hoover’s mother and father were both Quakers. Though they didn’t stay around long of his life. At a young age, Hoover lost his mother to pneumonia, and his father to a heart disease and typhoid. Shortly after losing both parents, Hoover was sent to live first with his uncle, Allan Hoover, in West Branch. He stayed...
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...the German military, during WW1. Rising through the ranks, Hitler was awarded the Iron Cross First Class. Hitler was wounded and blinded for a temporary amount of time by a British gas attack. In 1919, Hitler became part of the German Worker's Party, dubbed later as the Nazi Party, soon becoming one of it's leaders. In 1923, he tried an overthrow in Munich to seize power in Bavaria, a step necessary to the control of Germany. The revolt was terminated quickly; sending Hitler to prison for nine months. Hitler used his trial to gain national political notoriety and used his time in prison to write his memoir, Mein Kampf. The sales of the book/memoir made him a very wealthy man, though he hid that fact from the German people. After being released, Hitler restructured the Nazi Party, making it a new political force. By June of 1932, it had grown to being the biggest political party in German Parliament, the Reichstag. Though Hitler lost the 1932 presidential election to war hero Field Marshal Paul Von Hindenburg, he was able to use the power of the Nazi Party and its popularity among conservative voters to negotiate an appointment for himself as Chancellor of Germany in January 1933. His ideas of antisemitism, anti-communism and a purity-of-the-Germanic-race ideology found widespread acceptance in Germany and elsewhere. Motives Hitler's motives, to anyone looking close enough, were very clear cut: Kill the Jews. The Jews, according to Hitler were maggots, a virus that had to...
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...different innovations that were introduced to mainstream Canada from the start of his career in the 1920s as an engineer until the time of his death in 1960. Where he proved himself worthy was on the public stage during all the wars Canada was involved with during his lifetime. In WW1 he helped innovate the grain industry by helping to introduce grain elevators in the prairies which was essential to the home front war efforts. In WWII he was responsible for overseeing all industry production of equipment and munitions which was an essential role in the federal government at that time and it was a very demanding position with a lot of responsibility. After the ally victory of the two World Wars he then contributed again to the war efforts of the Cold War. He played a contributing factor to developing Canada’s nuclear industry in case of an upcoming attack as the Minister of Defense Production. On top of his war efforts he was also responsible for the establishment of a number of crown corporations such as the Canadian Broadcasting Corporation (CBC), Trans-Canada Airlines and the oil pipeline which extends from Alberta to central Canada. It was not necessarily just Howe’s war efforts which qualify him for a lasting place in Canadian history but rather his ability to fuse both government and business which benefit all stakeholders involved. His capability to facilitate very complex and accurate deals that satisfy the desires of all parties involved was what made Howe so influential...
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...different innovations that were introduced to mainstream Canada from the start of his career in the 1920s as an engineer until the time of his death in 1960. Where he proved himself worthy was on the public stage during all the wars Canada was involved with during his lifetime. In WW1 he helped innovate the grain industry by helping to introduce grain elevators in the prairies which was essential to the home front war efforts. In WWII he was responsible for overseeing all industry production of equipment and munitions which was an essential role in the federal government at that time and it was a very demanding position with a lot of responsibility. After the ally victory of the two World Wars he then contributed again to the war efforts of the Cold War. He played a contributing factor to developing Canada’s nuclear industry in case of an upcoming attack as the Minister of Defense Production. On top of his war efforts he was also responsible for the establishment of a number of crown corporations such as the Canadian Broadcasting Corporation (CBC), Trans-Canada Airlines and the oil pipeline which extends from Alberta to central Canada. It was not necessarily just Howe’s war efforts which qualify him for a lasting place in Canadian history but rather his ability to fuse both government and business which benefit all stakeholders involved. His capability to facilitate very complex and accurate deals that satisfy the desires of all parties involved was what made Howe so influential...
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...Colonial Investment Trust 1880-1913 David Chambers and Rui Esteves∗ September 2011 Abstract: The Foreign and Colonial Investment Trust (FCIT) is the oldest surviving closed end fund in the world today. Its early success was related to its identification of a missing market, namely, the provision of a wholesale diversified investment vehicle for the investing public. Whilst much research has been conducted on aggregate international capital flows in this period, little work has been undertaken on the prime investment institutions. This micro-study seeks to fill this gap by undertaking detailed quantitative analysis of the leading investment trust investing widely in emerging markets during the first era of financial globalisation before WWI. The history of this flagship investment trust over more than three decades up to 1913 provides an insight into the relative success of this institutional innovation as well as into the risk and returns of investing in global emerging markets over a century ago. ∗ David Chambers (d.chambers@jbs.cam.ac.uk) is at Judge Business School, Trumpington Street, Cambridge CB2 1AG, United Kingdom. Rui Esteves (rui.esteves@economics.ox.ac.uk) is at the Dept of Economics, Oxford University, Manor Rd Building, Oxford OX1 3UQ, United Kingdom. We thank Foreign and Colonial for access to their archives and Ben Chabot, Christopher Kurz and Mary O’Sullivan for help with data as well as Adam...
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...Plan ii. The Faults of Plan XVII iii. Problems with Communications and Tactics iv. Problems with the High Command • The Faults in • There was an incredible reliance on speed – quick defeat of the France and a slow response by Russia Schlieffen • Unexpectedly strong resistance by Belgian forces – sabotaged Plan railway lines • Strong resistance from French • Troops were diverted from the West to the Eastern front • The “hammer swing” was shortened, so they approached Paris from the East which was expected • The Treaty of London was disregarded as a scrap of paper • Germans weren’t adequately trained for modern warfare strategies • The Faults in • French underestimated number of soldiers available to Plan XVII Germany • French were preoccupied with revenge for Alsace-Lorraine • Insufficient forces were given to the French left wing • Too much attention was on offensive tactics • Officer training was poor • Belgian and British armies were small • Napoleonic Wave Assault (continuous assault) occurred in open countryside=decimation • Problems • Rail was quick, but too few tracks were available to be used with Tactics • Guerilla attacks frequently destroyed the rail infrastructure and • Muddy conditions...
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...University of Macerata DPARTMENT OF POLITICAL SCIENCES, COMMUNICATION AND INTERNATIONAL RELATIONS MASTER’S DEGREE in Studi Politici e Internazionali ‘International Economic and Trade Relations’ LM–62 MASTER THESIS in DEVELPOMENT ECONOMICS Foreign Exchange regimes and major currencies Supervisor Student Prof. Paolo Sospiro Parapatakam Praveen Reddy MAT: 62282 ACADEMIC YEAR 2013/2014 Contents Introduction 5 Chapter 1 7 1. History of exchange rate regimes: 7 1.1 Gold Standard System (1880-1914): 7 1.2 Interim instability (1914-1944): 7 1.3 Bretton woods system (1946-1971). 8 Figure1.World Trade (1929-33).............................................................................................9 1.4 Par Value system: 9 2. Classification of Exchange Rate Regimes: 10 2.1 De facto Classification (1998-2009) 11 Diagram1. De Facto Classification of Foreign Exchange Regimes (Nov 1998 – Jan 2009).......12 2.2 Revised De Facto Classification System (2009 January to Present): 15 Table1. Shares of Classifications Using the 1998 and 2009 Systems. 16 2.3 Revised Classification System Definitions: 17 Hard pegs: 17 Soft pegs: 18 Floating arrangements: 19 Residual: 20 2.4 De facto Classification of Exchange Rate Arrangements...
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