Although the British economy can be seen to have grown throughout the period to some extent in relative terms it was actually in decline. Even within the first 13 years of the period Britain's share in world trade fell 15% and the economies or Japan and Germany in particular began to outstrip the nation massively. Arguably Britain did have a chance to change this with the creation of the EEC in the 1950s but failure to embrace this initially meant that the European nations steamed ahead in their economic growth and Britain would never quite catch up. The weak nature of the economy can too be seen in the 1970s when it really was at its lowest seen in the humiliation of the 1976 IMF loan and the later Winter of Discontent. The latter decade could arguably show the greatest economic situation in that Blair experienced continuos growth but still looking at Britain today it never develop dot compete with the ever growing markets
While the basic purpose of the Silk Road remained mostly the same, its’ goods and destinations went through many changes. The road started as a small transport route for Eurasian merchants, but later turned into an important economical and cultural necessity. Once Asian products, like spices and fabrics, were used by Europeans, they became dependent on them. This also occurred in Asia, and it began to shape both cultures. Also, due to the large amount of political changes that occurred during this expanse of time, the Silk Road also traveled through the new countries that began when the Roman Empire collapsed.
With new job opportunities, progressive ideas, an air of liberalism had engulfed the American continent. This openness and jubilance was most evident in the arts, entertainment and economic sectors of the economy. The changes in these areas largely affected the 1920’s and to were a great extent responsible for the Roaring Twenty’s nomenclature. The American economy had rarely witnessed such great prosperity as it did after the World War I.
“The Black Death, a catastrophic epidemic of the bubonic plague that began in Constantinople in 1347, had decimated Europe, killing (according to some estimates) more than a third of the people of the continent and debilitating its already limited economy.”1 (Brinkley, 2011) Almost 150 years later, the population had recovered and with it an awakening of commerce began. With the establishment of chartered companies and a new concept of economic life, known as mercantilism, there was big interest in goods from distant lands. These new advances allowed the newly founded companies to start up colonies allowing them to export goods found in the New World. This helped avoid having to get them from other countries. They grew an interest in quicker trade routes to the east.
Although our relations with America did improve, and have later proved to be very important, missing out on Europe was a major mistake. This has had an impact on many later governments, and ultimately towards the formation of the European Union. However, even though I see the years as being wasted, it can’t be denied that the 3 successive election victories the Conservatives had were impressive, and show that they did have popular support. Although unemployment remained low, house building increased, and Britons had ‘never had it so good’, I think that the mistakes outweigh these positives and the period can certainly be described as ‘thirteen wasted
Throughout history there have been many major turning points, which have greatly it affected the world. Two major turning points of the Renaissance and the Protestant Reformation. The Renaissance was the revival of classical culture and the beginning of new progress to be made in the world. It got Europe of the Dark Ages and marked the start of a new era. The Renaissance created a large sphere of cultural influence around Europe, which affected the world for hundreds of years.
Now coupled with the fact that it had reoccurred outbreaks in the following years it is no wonder that the recovery time for the re population and commerce of Europe and Asia was not a quick one. It took many generation to get back to pere-plague population and economic stability that Europe had, with it also being said that Europe still feels some of the effect of the Bubonic Plague in today's society but with the capitalist system in play and living strong. When it comes to the fact that even thought the Bubonic has never be eradicated we now know how to counter act it and have a cure for this plague when it does appear today. Thanks to modern medical breakthroughs and with the fact that science and religion are no longer entwined with another we have been able to save countless live without the involvement of the church. We also have to thank the historians of the 14th century and how they documented this time in history, without them, and the doctors, and scientist we could possibility no be here
Different Decades American has changed dramatically since the revolution. Every decade marks a different society represented by our growth as a society. Even though the 1920s was a great shift for socialist as well as the 1960s, both decades marked a new era of change. The lifestyle during the roaring 20s was a lot more conservative than the 60s, but also very liberal from the decade before. Dating became more common, but the divorce rates were still very rare.
The first and foremost effect in both Europe and Asia was the demographic change that took place in the two regions. Europe was a continent that was already scarce in population, however, towards the turn of the 14th century, there was some improvement in the population density of a stronger younger population and adults and more children in the family. However, the disaster that wreaked havoc in the continent was the plague that majorly affected the demography of the region. Within two years of the onset of the Black Death, an estimated twenty million people died in the time period. The most affected areas were the smaller communities, the rural areas and the less hygienic areas which were emptied and thoroughly became depopulated.
Also many structures that were started before the plaque were left unfinished. There are those that have said that York Minister, the largest gothic cathedral in Northern Europe, would have been more perfect if it had been finished ten or twenty years before. Although some agree or disagree with this statement, European architecture did push forward as new trends and styles emerged. Canterbury Cathedral and Beverly Minister, in the United Kingdom, are evidence that architecture found its way in the decades that followed the Black Death. In conclusion, in attempting to sketch the effects of the Black Death, one could touch on a number of various aspects as a result.