The failure of the Weimar Republic to fix the increasingly pressing problems of Germany consequently contributed massively to their downfall, as it demonstrated their weakness. By the early 1930s the German people were resentful of their government because of the economic issues caused by the Great Depression and Wall Street Crash. For example industrial production in 1930 had dropped by 13% of what it was in 1928, and by 1932 it had dropped by 42%. This combined with the fact many Germans still had the effects of the economic problems of the early 1920s fresh in their minds caused declining support for moderate parties and therefore the Republic. This can evidently be seen from the election results as in 1928 the SPD had 29.8% of the vote and by 1932 this had dropped to 20.4%.
The failure of foreign policy in the years 1514-1525 can be attributed to many things. The combination of Henry's isolation from European affairs and the fact that his attempts to raise tax were ultimately unpopular failures, meant that he had no way to impose himself upon Europe. Even when he did manage to scrape together the finances needed for a strong foreign policy his reliance on his allies led to disaster. As soon as Henry took the throne in 1509, it was obvious that he was a king that wanted to fight a war. However, wars generally led to very expensive costs to the country.
By 1986 the Soviet economy suffered from both hidden inflation and pervasive supply shortages which were aggravated by an increasingly open black market that undermined the official economy. In addition, the USSR spent a lot on the military, they lost over 15,000 soldiers in the war against Afghanistan which had cost them $8 billion per annum. They also overspent in the Reagan years, the defence spending increased by $32.6 billion as they tried to compete with the USA STAR WARS programme but could not compete. Also, the USSR spent $40 billion propping up Communist Governments throughout the world. The USSR was left behind by the new wave of industrialisation as it was based on information technology, they were left desperate for Western technology.
e. a drastic decline in worker productivity. 2. Lyndon Johnson’s insistence on fighting the Vietnam War and finding the Great Society with a tax increase to pay for them led to a. a drastic inflation of prices in the 1970s. b. a decline in the competitive advantage of American business. c. severe cutbacks in the size of the federal government.
John majors government came into office after the downfall of Margret Thatcher, which ultimately created divisions within the party. Not only did the party suffer from the internal conflict but also faced the problems of the recession after the ‘Lawson boom’. In order to stabilise the economy he joined the ERM getting a good deal but ultimately resulting in ‘black Wednesday’ causing Major to raise interest rates to 15%. This was political suicide and he soon lost the support of the press we had once relied so much on to get re-elected in 1992. The housing market also plummeted leading to negative equity, which the majority of the working class could not afford resulting in the repossession of their houses combined with the drastic increase in unemployment Britain was in a mess.
The Great Depression introduced a time of record unemployment, poverty, and unforeseen economic collapse. The Franklin D. Roosevelt administration wasn’t that effective in combating the Great Depression. Franklin D. Roosevelt (FDR) and his administration put new ideas and programs, called the New Deal, to help the struggling American people and to set a new standard. However, the New Deal was also created to increase the federal government’s power. Franklin D. Roosevelt and administration created the New Deal plan.
However, Hitler was not happy with this as his spending on the military was being limited, which meant only a certain number of tanks/planes were being produced. Schachts plan lasted 4 years before a new plan was introduced, Goring’s 4 year plan. This plan revolved around the military and the purchase of materials suitable for the military. This created a very bad balance of trade. Germany now needed more money which resulted in more debts which were piling up from outstanding reparation payments.
The Wall Street Crash made the bad economic situation worse in Britain by producing a decline of the staple industries. 17. The industries that suffered the most were the staple industries: cotton, coal and shipbuilding. 18. Cyclical unemployment= caused by periodic slumps b) Structural unemployment= caused by the long-term decline of certain industries.
Having a war caused inflation, government spending rose from 4-30 million, taxation increased, and money became practically worthless and the price of food and fuel quadrupled. This made people angry as they could not afford supplies for themselves and their families, which made them, turn to the Tsar for help but he wasn’t seen to be doing much about the effects of war on the people at home. Furthermore, as well as not being able to
Case analysis on Aston-Blair,Inc Background of the case: Aston-Blair was the large U.S producer of precious metal alloys and other specialized alloys for commercial and industrial use, but suffered big losses in the first quarter of 1991. Except the external problems that are economics slowdown and declining price of gold due to the air strike against Iraq, the CEO of Aston-Blair, Wynn Aston felt one of the internal problem which caused the firm’s poor performance is improper forecasting. Aston asked Casey,Vice precident of marketing,and Trott,Vice pricident of corporate planning to reexamine the company’s procedures for forecasting sales. Task force: Casey and Trott decided to form a task force to investigate the forecasting problem and put Michael Bacon who is a special assistant to Trott, in charge of the task force. Besides Bacon, there are 2 members,Reiss and Holt, came from Corporate planning, Bodin,came from Sales division,Meir,came from Economic forecasting, and 3 product managers came from Market division,they are Ratliff,Paulson and Kolinsky.