Key Aspects of the Global Economy
Features of Globalization
Globalization has four main features:
- International trade has grown significantly.
- A new organization of production has emerged.
- International financial flows are becoming more intense.
- Trade agreements between countries are becoming more intense.
What is a Multinational Corporation?
A multinational is a company that is present in several countries, performing part of its business in those countries. They depend on establishing subsidiaries of the main company, which operates
Read MoreSpain: Political, Economic, and Social Changes (1996-2008)
Spain Under the PP Government (1996-2004)
During the first term (1996-2000), the government had a centrist orientation to maintain support from national partners. Social policy was initiated to maintain the welfare state and initiated dialogue with unions and employers. The greatest achievement was meeting the conditions imposed by the European Union to adopt the Euro, for which a privatization of public enterprises began to balance the state deficit. One of the problems was addressing the relationship
Read MorePrimo de Rivera Dictatorship in Spain
Spain’s Primo de Rivera Dictatorship Begins
Following the military coup, the king commissioned the formation of a new government, marking the start of the Spanish military dictatorship of the 20th century. The coup was accepted by the ruling class of the constitutional system, the traditionalists, and the Catalan bourgeoisie. Republicans, Socialists, and unions responded with strikes and demonstrations that were harshly repressed and persecuted.
However, the dictatorship of Primo de Rivera was not
Read MoreAmerican Identity, European Contrast, and the Cold War
American vs European Identity
This vision, attributed to Maldwyn Jones, that America began as merely ‘an extension of Europe’ under European colonialism, is true only in part. While we must understand these beginnings, the way in which America developed turned it into a very different entity.
Key Differences Emerge
The first difference is closely related to its initial status as a colony. Europe has a long history that has shaped different European identities for centuries, while America has a short
Read MoreKey Events: WWI and the Great Depression
World War I (1914-1918)
Causes and Tensions
Armed Peace and the Arms Race
The tension between different countries led to an arms race, beginning around 1890 and escalating until 1914.
The Balkans Situation
There were clashes in the Balkans as the Ottoman Empire declined. Austria-Hungary sought influence, and Russia also aimed to expand its interests in the region.
Major Alliances
- Triple Alliance: Germany, Austria-Hungary, and Italy
- Triple Entente: France, Russia, and the United Kingdom
Key Military Aspects
Early
Read MoreHistorical Transformations: Liberalism, Crises, and Global Change
Liberalism Defined
Liberalism is a philosophy or set of ideas that defends the basic principles of individual liberty.
Impact of WWI and the 1929 Crisis
The First World War and the crisis of 1929 caused the collapse of the liberal model of government and led to the development of new forms of crisis management. The crisis brought down international prices of raw materials, decreased production, and increased prices of imported products. It meant the breakdown of U.S. stocks (where papers of the most
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