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Describe Keynesian economic policies. How important were they to the New Deal?

The term of Keynesian economics has its origins in the theories advocated by the visionary British economist John Maynard Keynes. Known as the father of modern economics, Keynes’ idea for recession was that the central bank should expand the money supplies, regaining people’s confidence in spending and regenerating the money flow, curing the recession. As far as depressions were concerned, Keynes considered them to be recessions fallen into a liquidity trap - people refusing to spend money despite the expansion of the money supply by the central bank. In such situations Keynes advised the central bank to spend.

President Roosevelt initially dismissed Keynes’ ideas for curing the economy. However, in order to restore the vitality of the New Deal by bringing the economy back on course, the President introduced a spending program. Despite the Congress’ cuts on the WPA’s budget, the President reversed the course of the recession by increasing the WPA funds and resuming public works projects, driving the country out of the recession.

Henretta, James A, and David Brody. “America: A Concise History, Volume II: Since 1877.” 4th ed., Boston: Bedford/ St. Martin’s, 2010, 714.

King, John Edward. A history of post Keynesian economics since 1936. Cheltenham, UK: Edgar Elgar Publishing, 2002.

In what ways can the prosperity of the 1950's be explained by the Cold War?

The 1950s economic growth in the United States was owed primarily to the Bretton Woods system encouraging stable prices, less tariffs, flexible markets, and the defense spending. The Cold War brought a state of permanent mobilization and therefore the necessity of increasing the national security. As a consequence, defense-related industries, science and research in aviation and space experienced a significant development, creating a lot of jobs – one worker in seven owed his job to the military industry. Federal money covered most of the research costs, offering corporations like IBM the possibility on researching the integrated circuits which brought the computer revolution, and later the high definition television, audio-video players and many other electronic gadgets. The United States’ GPD more than doubled during the 1950s, bringing a 25 percent rise in the individual income of the working Americans.

As a Space Studies major student, I would also like to mention that the huge development in the space exploration is also owned mainly to the Cold War. The competition between the United States and the Soviet Union culminated with putting a man on the moon in 1969. The very expensive space flights imposed the development of computer sciences for supplying the necessary equipment. Since the more equipment was added, more fuel was needed, and the research for miniaturization, later resulting in the existence of the mobile phone or computer laptop. We also owe the existence of the GPS system to the same era of the Cold War. Developed for military purposes, the GPS was declassified by President Reagan and became a commonly used tool.

It is fair to say that the achievements determined by the Cold War have affected all fields.

Henretta, James A, and David Brody. “America: A Concise History, Volume II: Since 1877.” 4th ed., Boston: Bedford/ St. Martin’s, 2010, 797

Do you think WWI could have been prevented?

Although almost a century passed since the First World War, some historians are still wondering if the conflict could have been prevented. When the war erupted in 1914 nothing could have prevented the world conflagration. If there was ever a moment prevention was possible it would have been in the 19th century. The dawn of the 20th century dragged with it unresolved problems from the previous century. Although at that time Europe still dominated the world, captive nations still exited, subdued by the multinational empires. Most of the European nations did not solve yet their national problems at that time, being assimilated and forced to denationalization. This situation extended until the war started in 1914 and was temporarily resolved at the end of it in 1918. The conflict between the big European powers however was of course a consequence of concrete issues, such as the domination of the continent, the control of some vital regions of the world, the expansion and preservation of the colonial empires, the control and access to resources of various kinds, aggravation of the national ego in regard to the enemy’s etc. But beyond the many causes and conditions, the catastrophe became inevitable because of the exacerbated, outward oriented nationalism that caused hate and phobia between nations.

Manole, Gica. The First World War: A Long-Waited Conflict, 2010. (February 1, 2011). Electronic resource retrieved from http://gicamanole.blogspot.com/2010/05/primul-razboi-mondial-un-conflict.html

What were the causes of World War I? What made it a “world” war?

The causes that lead to the First World War were complex, and to follow their development, we need to look at the second half 19th century and early 20th century: the European nationalist spirit during the nineteenth century and early twentieth century, the political and economic rivalry between the states, the excessive arming after 1871 and the two hostile military alliances. Leading to the World War I - imperialism, nationalism, militarism, and defense alliances - was an accumulation of facts and event; however, the immediate cause was the assassination of Archduke Franz Ferdinand, heir to the Austro-Hungarian throne, and his wife The Duchess of Hohenberg, in Sarajevo on 28 June 1914 by Bosnian Slaves recruited by Serbian terrorists. Austro-Hungary blamed Serbia and declared war. The assassination in Sarajevo was only the pretense or the alleged reason of the war; the causes of this first global conflict were much deeper: economic competition, imperialism and nationalism.

At the end of the 19th century the problem of nationalism in many parts of Europe was unresolved, leading to strained relations between the regions involved and various European countries. The nationalist spirit was also manifested in the economic conflict. At the dawn of the 20th century, Europe was the most powerful region in the world. European colonial empires ruled over most of the world, and due to the Industrial Revolution, Europe was the richest, generating the need of a larger market for goods. The main field of economic development was Africa, and colonial interests in this area have clashed several times since 1898; the economic rivalry in Africa between Germany on one side, and England and France, on the other side, was slowly bringing Europe on the break of war.

As a result of these tensions, between 1871 and 1914 European countries have adopted measures that have increased the domestic and external threat of war. Convinced that their interests were threatened, European powers maintained a huge army.

As tension was mounting in Europe, the contradictions between the great powers increased, and the armed conflict for dividing the world power became inevitable. The major powers pursued a foreign policy of expansionism and conquest in search of new sources of raw materials and markets for goods. England occupied colonies in Africa and Asia, while France took possession of some countries in the same area. Russia occupied territories in Iran and China, generating the armed conflict between the two Asian countries. Germany and Italy were after the redistribution of their colonies in the developing countries and desired to strengthen their positions by all means possible, in regard to Russia, France, Great Britain and the Austria-Hungary Empire. Germany’s tendency to become the largest military power and to break Britain's naval supremacy caused great tension between the two countries. This lead to the division of the world powers into two blocs: the Central Powers’ Triple Alliance (Germany, Austro-Hungary and Italy), and the Triple Entente (France, England and Russia). The Triple Alliance had as purpose was mutual aid in case of a Russian attack. The Triple Entente was a deterrent to the Triple Alliance and was part of France’s plan to surround Germany. Militant nationalism and the national issue turned into the Balkan area into a real powder keg ready to ignite at the slightest spark. With the Moroccan Crisis and Balkan wars, where Austria-Hungary and Russia were competing for power, peace was threatened and Europe was on the verge of war: this was the spark to ignite the conflict. The outbreak of war in July 1914 between the Triple Alliance and the Triple Entente marked the unequal political and economic development in the late 19th century and the beginning of the 20th century. England and France, old industrial countries with large colonial empires were overcome by countries like Germany and the United States, experiencing a strong industrial development.

On 8 May 1915, a German U-boat sank the British luxury liner ‘Lusitania’, killing 128 Americans, prompting President Wilson to reconsider the United States position towards the war. In April 1917 Wilson declared war on Germany, entering the world conflagration on the Entente side.

The World War I was a “world” war because major nations of the world are involved, affecting many countries on various continents.

Allan, Tony. The Causes of World War I. Chicago, IL: Heinemann Library, 2003.

Cojan, Vincent. World War I: A Military Timeline. Bucharest, Romania: The Didactic and Pedagogic Publishers, 1997.

Henretta, James A. and David Brody. America: A Concise History, Volume II: Since 1877. 4th ed., Boston: Bedford/ St. Martin’s, 2010, 640-644

What did Theodore Roosevelt mean when he said the US should be the 'policemen' of the Caribbean?

In his annual message to Congress in December 1904 President Roosevelt announced the world that the Unites States will act as the “policeman” of the Caribbean. The president’s reaction came to counter the interference of the Europeans into the Caribbean affairs. This was the so-called Roosevelt Corollary to the Monroe Doctrine. The Monroe Doctrine was issued in 1902 when British, German and Italian gunboats blocked the Venezuelan ports because the Venezuelan Government did not pay its foreign debts. The Monroe Doctrine sought to prevent this kind of European interference into the affairs of the Western Hemisphere.

President Roosevelt reformulated the Doctrine to vindicate the United States “international police power” to put an end to the political unrest in the Caribbean. This change in policy was necessary to avoid the European interference in the Caribbean with the excuse of collecting international debts, but with the real scope of keeping their presence in the area and eventually occupying the territories. The probability of such actions was worrying the American government, in a time when the United States was involved in the construction of the Panama Canal, and defensive interests required the area stayed under American control. President Roosevelt’s foreign policy was “walk softly, but carry a big stick”, and justified the United States intervention in the Caribbean, whenever necessary.

The response to the Roosevelt Corollary was generally favorable, and most Europeans were content with having the United States collecting their debts, with the exception of the British who considered the world should be cautious as the Americans were becoming conceited.

Henretta, James A. and David Brody. America: A Concise History, Volume II: Since 1877. 4th ed., Boston: Bedford/ St. Martin’s, 2010, 627.

United States History. World Affairs, December 6, 1904. http://www.u-s-history.com (January 22, 2011). Electronic resource retrieved from http://www.u-s-history.com/pages/h1449.html

United States National Archives and Records Administration. Our documents: 100 milestone documents from the National Archives. http://www.ourdocuments.gov (January 22, 2011). Electronic resource retrieved from http://www.ourdocuments.gov/doc.php?flash=true&doc=56

What was the role of the railroads in the settlement of the Great West?

"Railroad iron is a magician's rod in its power to evoke the sleeping energies of land and water" (Ralph Waldo Emerson). By 1860 it became obvious the railroad was to become the mode of transportation of the industrial America, meeting the transportation needs of a maturing economy. However, the railroad was not only transportation means, but also a new technology vouching to change the world by shaping the Great Plains and the Pacific Northwest. Its completion in 1869 laid the basis of economic exploitation of the Great Plains, stimulated the economic growth of the Union, increasing the settlers’ population and the jobs, while forever changing the life of the Native Americans living here. The railroads linked the newly acquired Pacific territories to the Union.

The railroads brought the West into the world and the world to the West. In the words of the Washington Territory governor Marshall F. Moore, the railroads were a “vast machinery for the building up of empires”. They transformed the West into a permanent extension of the modern world, bringing thousands of immigrants and changing the structure of human population in the area, promoting a large scale mining, ranching, agriculture, and the building of bridges, tunnels, depots, roundhouses etc. The presence of depots, for example, allowed the distribution of the latest newspapers and long distance mail. The prairies were plowed and transformed into farmland, and new plants were introduced.


The changes brought by the railroads happened very fast. They were of course harsh on the native population, disturbing their settlements and their activities, such as the buffalo hunting, and increasing the count of the white people in the area. However, these changes were positive for the new nation of the United States.

Henretta, James A. and David Brody. America: A Concise History, Volume II: Since 1877. 4th ed., Boston: Bedford/ St. Martin’s, 2010, 471, 497-499.

Orsi, Richard J. The Southern Pacific Railroad and the Development of the American West, 1850-1930. Berkeley, CA: University of California Press, 2005.

Schwantes, Carlos A., Ronda, James P. The West the Railroads Made. Seattle, WA: University of Washington Press, 2008

Why was Darwin’s On the Origin of Species, which was strictly about biology, important in the development of the ideology of conservatism?

Charles Darwin’s “The Origin of the Species”, published in 1859, brought to light the idea of humans evolved from simpler forms of life through the process of “natural selection." Darwin’s theory was to become the foundation of modern biological science.

“Natural selection” in Charles Darwin’s words, or “the survival of the fittest” – in Herbert Spencer’s words, reflect the roots of the conservativism movement in America. While these are words expressed by scientists, originating in Darwin’s evolution theory promoted in his work “On the Origin of Species”, the conservative American thought was based on a quite similar idea, the so called “Social Darwinism”, advocated by William Graham Sumner. A sociology professor, Sumner promoted competition as a law of nature, with the ‘fittest’ rising above others, while the success of the society depended on the process of “natural selection”. Sumner considered “the millionaires “to be the fittest, selected individuals in the society. Social Darwinism explained the competitive American economy, rejecting any interference with social processes.

While giving a talk to the textile workers in Providence, Rhode Island, the cotton manufacturer Edward Atkinson defined “the survival of the fittest” as it pertains to society: a person will rise as far as his talents allow, and would receive his reward accordingly, while his success as an individual contributes to the success of the society as a whole. This idea continued to be promoted through various works, such as Horatio Alger’s tales “Thoughts for the Young Men of America”, “A Few Practical Words of Advice to Those Born in Poverty and Denied to be reared in Orphanages” (1871), or Andrew Carnegie’s best seller “Triumphant Democracy” (1886). The Episcopal Bishop William Lawrence of Massachusetts also preached the idea of success as an individual’s earthly calling, promising the eternal salvation as a reward: “godliness is in league with riches” was Lawrence’s version of “the survival of the fittest”.

John D. Rockefeller claimed the fortune he accumulated was "merely a survival of the fittest, ... the working out of a law of nature and a law of God." Social Darwinism offered a moral justification for the gap between rich and poor, for rejecting social insurance and supporting tax cuts for the rich, for allowing ‘robber barons’ to control most of the American industry, or politicians to be bought off by the rich, etc.

Henretta, James A. and David Brody. America: A Concise History, Volume II: Since 1877. 4th ed., Boston: Bedford/ St. Martin’s, 2010, 556-557

Reich, Robert B. Of Darwinism and Social Darwinism. Published on 11/ 29/2005 by CommonDreams.org. 01/10/2010. http://www.commondreams.org/views05/1129-28.htm

Sylhet - Bangladesh


Sylhet or Srihatta (land of beautiful huts), as this region was originally known as, became the sixth administrative Division of Bangladesh in the year 1995. This division is situated in the North eastern portion of Bangladesh and is flanked on three sides by India and on the western sides by Dhaka and Chittagong and is bounded by the Surma and the Kushiara rivers. Sylhet is further divided into four districts called, Habiganj, Sunamganj, Maulavi bazaar and Sylhet. It is located between the Khasia, Jaintia and the Tripura hills.

Sylhet town proper occupies about 10.49 square kilometres. Sylhet scores high where literacy is concerned and the town has literacy rate of approximately 66.9%. However, average literacy in the entire division is about 27%

Mention of Srihatta can be found in very early texts. It gained prominence in the early ages as a large market place. Indo-Aryan Hindu Bengalis, people of Assamese, Munda and Dravidian ancestry occupied this region. During the medieval ages, Sylhet was ruled by chieftains, it is said that the last chieftain of Sylhet was Gaur Gobinda. During this period, most of the people of this region were Hindus. During the 14th century, an Islamic saint of Turkish Origins, Hazrat Shah Jalal, came from Yemen. Owing to his influence, a major portion of the population converted to Islam.

Sylhet is renowned for a number of things. Important amongst them are tea, cane products, matches, vegetable oil etc. Sylhet has large tea estates, about 150 to be more precise primarily in its Srimangal area and is known as the tea capital of Bangladesh. Sylhet has the rare distinction of having the three largest tea estates in the world, both in terms of size and production capacity. Most of tea is exported. Abundant rainfall and sunlight has promoted the growth of a rich tropical forest in this region. There is a wide variety of flora and fauna to be enjoyed by any nature lover in this region. The very beautiful Surma Valley is an example of the overall beauty of Sylhet, with rolling hills with tea estates as well as vibrant green tropical forests, with fields of orange and pineapple plantations are an added bonus. A glimpse into the tribal life of Sylhet with a brush with varied forms of tribal art like the Manipuri dance is possible here. Monipuri, Khasia and Garo are the tribes, which primarily dominate Sylhet.

Sylhet has vast stretches of natural depressions in the valley called Haors. These are filled with water and are home to migratory Siberian Birds in winter.

Sylhet town has a very strong foreign influence. 90% of Bangladeshi expatriates in UK are from this region. The very famous Indian restaurants of London are actually run by Sylhetis. Even rural Sylhet is accessible through high-speed cable telephone connection from Dhaka as well as abroad. Sylhet is well-connected by road, air and rail.

The places of interest in and around Sylhet are Madhabkunda waterfall, Srimangal, Tamabil and Jaflong, Jointapur Rajbari, which is a palace, Shahi Eidgah, Gour Gobinda fort, the Shrine of Hazrat Shah Jalal, the Shrine of Hazrat Shah Paran, and Sripur etc
Bangladesh Tourism has set Parjatan motels in Sylhet, which offer comfortable budget stays.

Weigh the relative importance of the Industrial and Market revolutions in changing the American economy. In what ways was the economy different in 1860 from what it had been in 1800? How would you explain those differences?

By 1800, the American economy was predominantly agrarian. This changed dramatically by 1860 with the Industrial and Market revolutions. New industrial machines allowed the industrialist to produce more goods, faster, and therefore more manpower was needed. A market economy was born. New jobs were created in the Northern states, while the Southern ones encountered the expansion of slavery. The influence of the Industrial and Market revolution in the South was reflected in the mass production of cotton, required for the textile industry in the North. The strong industrialization had as consequence the people’s migration from rural areas to the cities, and also a significant increase in population, as living standards improved. But the Industrial Revolution had also a negative impact on the working class, who were living in overcrowded and unsanitary houses and had difficult working conditions. Overall, the Industrial and Market Revolution was an important turning point in the American history and had as consequence the change from an agricultural and rural society into an industrial and urban one.

Explain why there were no major witchcraft scares in the Chesapeake colonies and no uprising like Bacon's Rebellion in New England. Consider the possible social, economic, and religious causes of both phenomena.

There were major dissimilarities between the Chesapeake and New England colonies, because of the different reasons the colonists came to America. The New England colonists were pious Puritan yeoman living in self-governing farming communities. They came to America in search of religious freedom and therefore were devoted religious families. Their society was religious based family oriented, relying on fishing and farming on small scale, considering themselves to be “far more godly than all other colonists”. These facts explain why New England had the witchcraft scares and no rebellions like the Bacon's Rebellion. On the other hand, the Chesapeake colonists came to America in search of gold, silver, or anything else that could result into profit. They raised tobacco and corn for export to Europe and their crops prospered. Economy affected the overall population, made in majority of black slaves working the plantations, and therefore religion was less severe in the Chesapeake colonies. The main church was the Anglican Church and many people did not participate at all in the religious activities. These facts explain why Chesapeake had the Bacon's Rebellion and no witchcraft scares.

Sources:

Henretta, James A, and David Brody, America: A Concise History, Volume I: To
1877. 4th ed., Boston: Bedford/ St. Martin’s, 2010, 43-63

Murrin , John M., Johnson, Paul E., McPherson, James M., Gerstle, Gary, Liberty,
Equality, Power: A History of the American People, Compact, Boston: Thomson
Wadsworth, 2008, 95