Zinn also uses an excerpt from historian Charles Beard to explain his reasoning. Beard basically said that the rich controls the government or the laws the government operates by. Zinn points out that the First Amendment of the Bill of Rights shows that quality of interest hides behind innocence. Meaning that Congress completely ignores the freedom of speech. Professor of history Gordon S. Wood views the struggle for a new constitution in 1787-1788 as a social conflict between upper-class Federalists who desired a stronger central government and the “humbler” Anti-Federalists who controlled the state assemblies.
Here are guiding questions for your position paper and group discussion. 1. How does the CIA describe your nation’s economy? Do they indicate an economic system? Which one?
A US multinational company is required to report its financial results in US dollars. How does this create currency exchange risk for the company? What is the term which most accurately describes this particular risk? a. Currency risk- if unexpected changes in currency values affect the value of the firm 4.
MID TERM ESSAYS 1. What problems did Britain face after the Seven Years’ War (French and Indian War) and how did it propose to find solutions? How reasonable were London’s solutions and how did the colonists view them as an attack upon their liberty? Extreme war debt, Debt. Every war costs huge amounts of money; the British were simply trying to raise money to pay the costs of the North American components of the Seven Years War, which was the French and Indian War.
Rough Copy In 1775, the American Revolutionary War began, as the American Colonies wanted to achieve independence from the British Monarchy. Even though many reasons were sighted out for the revolution, one in particular sticks out. King George III outlawed the interest free independent currency the thirteen colonies were producing and using themselves. This in turn forced the colonies to borrow money from the Central Bank of England, which put the colonies into immediate debt. The Federal Reserve Bank was alleged to be a step towards the “One World Government”, simply by manipulating the international monetary system and the media in order to create a monopoly.
How far was the outbreak of civil war in 1455 due to the loss of English territories in France? In his public announcements of 1450, 1452 and 1455 York proved his loyalty to the king by saying that he did not wish “to displease my sovereign lord”. He was also constantly claiming that his opposition against the king was because of his rivalry with Somerset. York even knelt before Henry after St.Albans in an attempt to prove his loyalty to him. The loss of English territories in France was the main cause of York’s hatred of Somerset and worsened the relationship between Henry and York, whose relationship was already strained because of the court faction’s suspicions of York’s intentions and fears of attainder.
Although Zinn argues that the conflicts caused by the differentiating social classes in order to dissolve the class divisions was the main cause of the American Revolution, the “other side of the story” is told by Schweikart and Allen, as they reason that it was actually the British who unknowingly burdened the colonies with oppression, which brought about the revolution itself. In Zinn’s fourth chapter of A People’s History of the United States, Tyranny is Tranny; he focuses more on the class differences in society that triggers the opposition against England, rather than the effects of British oppression. He states that the “American leadership was less in need of English rule, and the English more in need of the colonists’ wealth” (Zinn 60). With this said, the colonists then focused more on the pursuit of exploitation and profit, which would definitely spark rebellions of the poor against the rich especially because the poor had been overwhelmed by British taxes and the fact that only a small percentage of the wealthy controlled a huge majority of the city’s taxable assets. For this reason, the poor developed a hatred for the upper class that would
Samuel Adams opposed the group’s “odious hereditary distinctions.” John Adams denounced the group as an “inroad upon our first principle, equality.” Benjamin Franklin said the Society’s members were acting “in direct opposition to the solemnly declared sense of their country.” Thomas Jefferson labeled himself an “enemy of the institution.” And George Washington said he would resign from the Society if it did not eliminate its hereditary succession.71 What would the Founders have thought of legacy preferences at state universities? “Selective college admissions were unknown in the eighteenth century,” Larson notes, “but we do know what the Revolutionary generation thought about hereditary privilege.” He argues: “Legacy preferences at exclusive public universities were precisely the type of hereditary privilege that the Revolutionary generation sought to destroy forever.”72 The Founders, Larson writes, would have resisted the idea of state-funded university admissions based even part on ancestry “with every fiber of their being.”73 Some might argue that legacy preferences are constitutional because they give just a boost,
Republicanism – the citizens' willingness to subordinate their private to the common good. Whig – a group of British political commentators. Known as radical Whigs. They feared the treat to liberty posed by the arbitrary power of the monarch and his ministers' especially the corruption. Mercantilism - The British economy was based on mercantilism theories.