The leaders of Britain, France and US agreed to bring peace to Europe and created a list of terms that ended WW1. These terms were known as the treaty of Versailles. The terms of the treaty mostly only applied to Germany and were really harsh on them. The treaty deprived 13% of Germany's land and demilitarized Germany's mainland, Rhineland. It also required Germany to pay 6,600 million Euros to countries that faced damages due to the war.
This is due to the peculiar role of Great Britain. Britain enjoyed a rising standard of living during the eighteenth century, in result of good harvests, booming overseas trade, and a growing population. Britain was the world’s leading exporter of clocks, tools, hardware, guns, and other craft goods. Its metal and mining industries employed engineers willing to experiment with different new ideas. It had the largest merchant marine and produced more ships, navigation instruments, and naval supplies than other countries.
This was in response to the mine owners attempting to reduce miners’ wages despite agreeing to protect wages under the previous (Labour) government. However the government gained time by subsidising the miners’ wages while the Samuel Commission investigated the mining industry. This committee issued its report in 1926 and, although it made recommendations about the total restructuring of the mining industry, it also decided that the miners should accept a pay cut. As a result the miners decided to strike and, again, called on the Trades Union Congress (TUC) to support them. The government seemed prepared to negotiate and started talks with TUC leaders in Downing Street.
The United States of America is the world’s leading g economy. The country’s economy is also ranked as the fastest growing in the world courtesy of economic reforms introduced in the country in the year 1978. It has risen also to become the second largest importer of goods, and it is also recognized as the largest exporter of goods. China’s huge population has been quite instrumental in growing its economy. The population provides the much needed labor force that has propelled the country’s industrial and agricultural sector to great heights of productivity.
‘Peaceful coexistence' is an ideology enunciated by Khrushchev after the Twentieth Congress which governed Soviet foreign policy during the so-called Khrushchev Thaw. This emphasised the possibility of ideological coexistence of both the Communist bloc and the capitalist bloc which marked a paradigmatic shift from the Stalinist doctrine of antagonistic contradiction and inevitable conflict between Communism and capitalism. Furthermore, it highlighted that countries should be allowed to take ‘different roads to socialism’ thus decreasing the role of the USSR for stringent bolshevisation of states as seen in the dissolution of Cominform. Due to the emergence of brinkmanship politics and development of nuclear weapons such as the H-Bomb, the ideology aims to minimise possibilities of Mutually Assured Destruction (MAD), alongside ‘military conflict with the West’. ‘Peaceful coexistence’ was argued by revisionist historians such as Alperovitz that it eased political tensions between the two superpowers through modus vivendi such as in the Austrian State Treaty.
Did the United States learn from past mistakes at the end of World War II? I believe that the United States did learn from past mistakes at the end of World War II because it was the end of isolation for the country. America lead the creation of new world organizations by Roosevelt’s action to move toward a policy of internationalism, and trying to create organizations to prevent future wars. These policies are a clear sign that the United States has learned from it’s past. Additionally, the US was able to help found the World Bank, and help allies like Germany heal their economy.
Any country with a substantial net export of crude petroleum may become a Full Member of the Organization, however the country must be accepted by three quarters of the current member countries. Another way to group countries is by their economies. The G8 is a group of 8 countries topping the global charts for the largest economies. Since 2014, the G8 effectively comprises seven nations and the European Union as the eighth member, the nations include the USA, UK, Germany and Japan. These countries are the most developed countries in the world they tend export valuable manufactured goods such as electronics and cars and import cheaper primary products such as tea, coffee and food produce.
The League of Nations was an intergovernmental organization formed in June 1919 which came as a result of Peace Conferences. The league aimed to secure peace in Europe following the previous four years of war that terrorised the continent. There were different keys of how the League was going to resolve any future conflicts and maintain peace; the principle of collective security was perhaps the most famous idealistic idea to do so. The principle originated from the idea that peace could be preserved by countries working together- collectively- to prevent one country attacking another. Collective security would be applied if the League’s assembly was unable to solve the problem; it would impose moral pressure, then economic sanctions, to force the country that was deemed to be in the wrong to comply its decisions.
TNCs have global influence as they can invest in other countries but also influence other countries with their products. USA have three TNCs ranked within the top ten in the world. This suggests USA is a superpower as clearly they have a strong influence due to their TNCs earning a ridiculous amount of dollars a year. Another way a country can be economically strong is by the trade they do with the rest of the world. This
Background Industry Overview In an article on IBIS WORLD it stated that the “Warehouse Clubs and Supercenters industry has been one of the fastest-growing industries in the retail sector,” with revenue almost topping $140 billion with over 1,600 store across the U.S. and the key to this growth is that the retailer is able to pass on savings on to its consumers. With a few key players in the Warehouse Clubs