Furthermore, if it came across the probability of war, it was not its plan to participate. Hence, focus on technological development with respect to warfare was ignored. It is ironic to state that a country which was leading the world in particular Continue Reading...
As our textbook demonstrates, there were a range of factors that “loaded the dice of fate” in the favor of Britain to ensure that the industrial revolution occurred around 1800 in their nation. One of these factors were raw materials cruc Continue Reading...
Steps were also taken to organize a stock market in Lahore (Burki, 1999, pp.127-128).
Also organized during this period were the Pakistan Industrial and Credit Investment Corporation (PICIC) and the Industrial Development Bank of Pakistan (IDBP), b Continue Reading...
America and the Great War
How the Forces of Nationalism, Imperialism, and Militarism Irrevocably Led to World War I
At face value, it can be concluded that WW started as a result of increasing military power in the participating European nations. I Continue Reading...
WWII
If there is a period that will always be remembered in the history of the 20th century, it is the Second World War. Although it was blamed for deaths of hundreds of thousands, it is also a period that stimulated technological advancement and pr Continue Reading...
(Buchanan, 72)
The economic policy tools that were employed just after the war subsequently underwent some changes. From 1947 to 1950 direct controls on wages and distribution were eliminated followed by removal of trade controls in 1958. However, Continue Reading...