Known also as Black Tuesday, October 29th left stockholders shattered with recorded losses reaching $40 billion dollars (Kelly, n.d.). Many banks and financial institutions began collapsing which led to irretrievable, uninsured deposits and savings. Fearing further loss, people began spending less which led to a decrease in production and an increase in unemployment. As companies began to fail, the government devised the Smoot-Hawley Tariff in order to protect American businesses. The Tariff placed high taxes on imports leading to a decline in international trade.
People thought that it was a punishment from God. In the end about ½ of the population died and making it one of the worst bubonic plagues ever in human history. It took the country over 100 years to recover from this disaster. The next event was the peasant’s revolt. This happened in June 1381 and it involved thousands of peasants who gathered and travelled to London to protest about their freedom and the poll tax King Edward III had issued.
The earthquake devastated the hilly country leading up to the Tibetan highlands. It toppled buildings in small cities and towns. The earthquake affected more than half of the countries provinces and municipalities. Beichuan County, with a population of around 112,000, was the worst hit. It was the area that was closest to the earthquakes epicentre (around 60 miles northwest of Chengdu) and is the capital of the Sichuan province.
What were the main effects of the 14th Century plagues on the European economy The 14th Century was a time of pain, suffering and turmoil. Beset by plagues, famines and wars, the age of the 14th Century was that of a tragedy. Fears of the world ending were building up again and anyone looking at the facts of the era may not be surprised as to why. Of all the greatest horrors that affected this era however, the plagues were perhaps the worst and most devastating of all. As the Black Death ravaged across medieval Europe, the effects on the land and the economy were devastating.
Why was the Haitian earthquake so deadly? On January 12th 2010 at 16:53 local time (21:53 GMT) an earthquake hit the Caribbean island of Haiti. It was a colossal 7.0 on the Richter scale and lasted around 35 seconds, but inflicted a cataclysm which would take years to correct. It struck south of the capital Port-au-Prince destroying the presidential palace, UN HQ, as well as houses, schools and public buildings. The epicentre was a town named Leogane; about 19km (12 miles) west of Port-au-Prince, thousands were left homeless and up to 80-90% of buildings in Leogane were destroyed.
The invasion by barbarians in Rome led Europe into major depression. This is because Rome was considered a superpower in Europe and when a superpower falls, the trade and economy in Europe will weaken. The bad times of the economy continued when the plague (also known as the Black Death) happened from 1350 to 1450. This plague was almost fatal and it took half of the population in Europe. The only way of escaping of the disease was to move from the city to the country.
What impact did Plague have on England during the period 1348-1500? Yersinia pestis, more commonly known as ‘the Black Death’, was responsible for the death of up to 200 million people globally, including at the very least “over one-third of the population” of England. Clearly such a major historic event had many widespread impacts. These range of impacts range from impacts on popular culture and art, including the eerie and spectacle late-medieval fascination with death in images such as the Danse Macabre¸ to widespread persecution of minorities, such as the Jews, blamed for transmitting the disease. However this essay will focus on what it believes to be the greatest impacts the Plague had on England – the impact on demographics, the impact on social mobility, and the impact on religion.
The Black Death In the 1340s a lethal disease, also known as the Bubonic plague, attacked Europe’s entire population killing almost 50 million people, the continent's population reduced approximately two-thirds, leaving behind an unforgettable mark on our history. It spread quickly and devastated many other countries (Benedictow 1). As we can see, the Black Death Plague has been in existence for about 650 years, even though it is not widespread today, the Plague still exists. There are several explanations on the origins of the Black Death. It began in the spring of 1346 in the steppe region when the Mongols launched an attack on the Italian merchant’s last trading station, Kaffa in the Crimea (Benedictow 3) Others thought that it originated from earthquakes and fire, people even believed that it was a punishment from God for their sins.
Aftermath the global financial meltdown, worldwide the aluminium industries is the major causalities of the disastrous outcome. The LME price (London Metal Exchange), which is the primary indicator of this commodity exchange crashed from a price range of plus $ 2600 per ton to $ 1540 as on date. Over the last 7-8 years, the prices, supplies and demand are highly volatiles sending a very confusing and alarming signal to the aluminium producers. As a result of this unpredictable business environment, major aluminium producers have almost cut down 50 % of their production capacity and closed down many smelters in Europe. To demonstrate the testimony of the volatility and uncertainties, some of the global perspectives of aluminium are illustrated
Up to 5 billion tones of soil get lost through erosion each year. In western China, the huge Taklimakan and Kumtag deserts are expanding at such a high rate, they are expected to merge in the future. Ø Air pollution and water pollution: Air pollution is China’s biggest ecological problem. Respiratory and heart diseases are the leading cause of death in China. China has got the worst air quality in the world.