At the end of 1923, Stresemann became Chancellor and also served as the foreign minister until his death in 1929. During these years, Germany recovered in economy, national pride and confidence. These years can be perceived as the “Golden Age” of the republic. However, this redemption in Germany may not have been as full as it seems so it is necessary to balance the successes and failures. Initially, during this period Stresemann made some tough decisions but they resulted in a stabilised economy.
German Immigration and the Development of the Beer Industry in America. The most noted reason why Germans had left their homeland for America were varied. Some would say intolerable economic conditions in the German states and a desire for improvement in the shortest time as possible was one of the foremost reasons for the coming of Germans to America. Not only where the pauperize people were coming to America. There were many of the comparatively prosperous who also came; to better themselves economically.
This was great for Germans however it did create some issues as Germany’s ‘secret rearmament’ scheme was bringing in too much imported raw materials into Germany whilst exporters were struggling due to taxes on imports and this left Germany with a big trade deficit. Schacht, who was Minister of Economics, had created the New Plan in which no one
Industrialization had a major impact on American society. It was a time of growth and expansion for the nation as a whole as it brought about new ideas and resistance to reformation. In many ways industry was helpful to America’s economy, but it was also a hindrance for the vast majority of the population. People like Sam Patch, otherwise known as the working poor, did not have much opportunity to advance in society, so as time passes there’s more resistance and protest to letting the rich get richer. The messages sent from the famous jumps of Sam Patch were the beginning of a new of democracy, and a fulfillment to the true meaning of the word equality.
Although the industrial revolution had a huge positive impact on German economy, it also lead to a rise in socialism which meant the emergence of pressure groups, such as the Nationalist pressure groups and the Economic pressure groups. These groups were often focused on single issues, but they highlighted the tensions and divisions in Germany. Foreign minister and Chancellor Von Bulow played a key part in protecting the position of the Second Reich's ruling elite. He focussed on an aggressive foreign policy to
The economic problems of the Soviet Bloc were at the core of communisms downfall. In the early days of communism Stalin had set out to emulate the success of the western capitalist economies, which were at the time dominated by heavy industry (steel, power plants, and chemicals). Stalin thought that this success could be reproduced, but at a much faster and efficient rate with planning and communist control. Stalin did actually achieve this, and the soviet bloc enjoyed long periods of economic prosperity. However, Stalin’s adaptation of the model for economic success was too rigid, and as capitalism moved on, providing luxury goods to consumers such as cars, “the Soviets and Eastern Europeans found themselves in the 1980s with the most advanced industries of the late 19th and early 20th centuries- polluting, wasteful, energy intensive, inflexible-in short with massive rust belts” (Chirot, 1991 p.283).
As America became an industrial giant she was in many ways still a small nation. America's international influence was minimal, in large part due to precedent set down by Washington and other early Presidents. In reality, though, America was not a powerful nation militarily and the level of business conducted internationally by American concerns was relatively small. The rapid growth of American industry forced business to look elsewhere and the government was obliged to help find markets for these products. The influence of industrialists and Social Darwinism is evident in the motivations for American expansion.
Mckinnon emphasizes that the unification of Germany was not an unavoidable outcome of economical forces. However, he does admit that Austrian exclusion from the Zolverein consequently cut them off from German economic life, which lead to important political consequences.Merriman agrees with this and adds that Bismarck was given great support from businessmen that believed they would be given significant economic benefits due to unification. These facts illustrate that although historians such as Keynes state “the German empire was not founded on blood and iron but on coal and iron.” Historians views still differ greatly today, Keynes articulately emphasizes upon how the economic union failed to have a huge impact on the unification of Germany nevertheless he claims that all the impact that the economy did have is easily traced back to Bismarck as the driving force behind it. Perhaps the most important economic factor
One of the big issues in these two eras was conflicting definitions of “freedom.” Although people had freedom to make money in the Gilded Era, only a small minority of robber barons could do so. In the Progressive Era, White immigrants and women had more rights and freedom to help improve their own working and living conditions. This ultimately made America better, more democratic, forward and progressive. The ideas of Social Darwinism, the Gospel of Wealth, and Horatio Alger success formula made the Gilded Era. Government played a minor role and cities did not offer public relief.
What works in the home country generally may not necessary work in the host country. Wal-Mart boosts its reputation with a well established supply chain management and a pool of highly trained employees which they called ‘associates’. Perhaps one of its more obvious strengths is the strong branding that it has in association with high quality, low price products. Having said, its global expansion is still limited due to economic and political instability in countries where it serves as well as stiff competition it faces with local rivals. Initially, Wal-Mart depends very much on its ethnocentrism approach.