What is the history of the Titanic? What triggered the oil crisis of the 1970s? What was the significance of the sinking of the Lusitania? What caused the 1906 San Francisco earthquake? What caused the disaster in the Triangle Shirtwaist Factory?
The article presents arguments of several historians on the debate whether the crisis and decline of the 1970's in British post war history is exaggerated or simplistic. Durham University history lecturer Lawrence Black acknowledged the sense of crisis at that time, with moral panics about punks, ...
An example of cost-push inflation is the oil crisis of the 1970s. The price of oil was increased byOPECcountries while demand for the commodity remained the same. As the price continued to rise, the costs of finished goods also increased, resulting in inflation.1 ...
To be clear, there are no such signs on the horizon. While about a fifth of the foreign currency reserves of the world's central banks have moved away over the last quarter century, from 71% to 58%, that's still a dominant position of strength for the greenback worldwide, let alone ...
1970s Recession (November 1973 – March 1975)An oil crisis was largely to blame for this recession. As the price of oil rose in the 1970s, industrial production around the world slowed, leading to job losses and economic decline. This recession was also marked by a period of "stagflation"...
Telecommuting in the 1970s: This was the Jack Nilles era, as previously mentioned. To explain further, this concept gained attention during the oil crisis of the 1970s when organizations explored ways to reduce commuting and alleviate traffic congestion. ...
3Economic Crisis During the first half of the 1970s, the economy was characterized by "stagflation" -- with both unemployment and inflation at uncomfortably high levels. The economic optimism of the previous decade -- the "go-go" Sixties -- gave way to an unease -- famously called a "mal...
3Economic Crisis During the first half of the 1970s, the economy was characterized by "stagflation" -- with both unemployment and inflation at uncomfortably high levels. The economic optimism of the previous decade -- the "go-go" Sixties -- gave way to an unease -- famously called a "mal...
In 1895, Italy invaded Ethiopia (Abyssinia) as part of the scramble of Africa. During the conflict, the Ethiopians had modern weapons and Western advisors that provided them with support. The Italian army was relatively poorly equipped and fared badly during the conflict. In the end, the ...
However, this reliance exposes Qatar to fluctuations in the global oil and gas markets. Accordingly, economic diversification has come to the top of the government’s priority list. Preceding the COVID-19 pandemic, Qatar was already in the middle of an economic transition. The economic crisis ...