How successful was Wolseys Domestic policy?
Jack Stephenson How successful was Wolsey's Domestic policy During his fourteen years of chancellorship Wolsey exercised considerable influence over Henry VIII's domestic policy during the years 1515 to 1529, involving himself in economic, legal, aristocratic and church affairs. Wolsey's domestic policy was relatively successful with some failures. Wolsey was no domestic reformer in any modern political sense and he saw his prime duty as Lord Chancellor. Wolsey was either loved or hated for his wealth, position and lofty manner. Historians also differ in their views of Thomos Wolsey, Peter Gwyn sees Wolsey as a man of "enormous ability and unstoppable determination" with a huge capacity for hard work and whose reforms were limited because of the ambitions of Henry in Europe. Other historians like John Guy and David Loades acknowledge Wolsey's abilities but are less effusive in their praise and see his own deficiencies as responsible for the failure of some of the reforms he embarked on. One area in which Wolsey is seen as having a great impact on is legal reform. Wolsey was keen to make it clear that no one was above the law and that the law as applicable to all so the wealthy/powerful could not escape. In 1516 Wolsey put forward a scheme to improve the whole legal system, the power of the court of the Star Chamber was to be increased and ordinary subject were to file
Explain why the depression of 1929 was a godsend for the Nazi Party
Explain why the depression of 1929 was a 'godsend' for the Nazi Party Of all European countries, none was hit harder than Germany by the stock market crash of October 1929. Germany, who was still suffering from the Treaty of Versailles, had borrowed very large sums from American banks, with much of the money repayable either on demand or at short notice. These loans were of course recalled, and bankruptcies in Germany rose sharply from the start of 1930. Unemployment rose sharply, too. The German economy plummeted with the stock market and the situation Germany found itself in resulted in even more faith being lost in the Weimar constitution. This situation was a godsend for the Nazi Party as it enabled them to gain public support. Having lost faith in what they already felt was an indecisive Government, and after the 'stab in the back' myth having been circulated throughout the country, Germany became increasingly hard to govern. Hitler, an inspiring and energetic speaker, took this opportunity to present himself and the Nazi party to the German people. Showing himself as a strong leader, he promised to abolish the Treaty of Versailles and restore Germany to power. This was one of the ways in which the Great Depression aided the Nazis. Because of the people of Germany falling into poverty and despair and being eager for help, Hitler's talk of a new Germany and his
Discuss the effectiveness of a fiscal policy in reducing unemployment
A fiscal policy is a type of government introduced macro-economic policy that aims to influence aggregate demand. The policy uses taxation and government expenditure in the form of a loose or tight fiscal policy. A loose fiscal policy would be used to tackle unemployment as this involves cutting taxation and increasing government taxation, an increase in indirect or direct taxes and increasing government expenditure. This is effective policy in the sense that a reduction in taxation, in theory would increase consumer expenditure as since taxation is low, individual discretionary income would increase and be spent on purchasing goods in the economy. There are however limitations to its effectiveness as it only potentially only deceases demand deficient unemployment but not any of the other three forms of unemployment: structural unemployment, frictional unemployment and real wage unemployment, which are mostly long term and will be better solved by the application of supply side policies. Fiscal policy would only be used as a short term solution to unemployment and is not sustainable. There are other factors external to the fiscal policy that can limit its effectiveness such as interest rates. Interest rates have substantial impact on the levels of spending by consumers. If interest rates are high a loose fiscal policy is introduced then the levels of consumer expenditure
Using these four passages and your own knowledge, asses the view that the US policy of Marshall in 1947 was motivated mainly by the altruistic desire to help the economic recovery of Europe
Using these four passages and your own knowledge, asses the view that the US policy of Marshall in 1947 was motivated mainly by the altruistic desire to help the economic recovery of Europe. The situation in Europe after the Second World War was truly desperate; many states were in ruins due to the devastation that caused unimaginable poverty and distress. At the surface, the US's plans to help Europe through the Marshall Plan are altruistic; however, looking deeper, the benefits that the US receives are high and rewarding. So much so, that it could be construed that the US had ulterior motives within their altruistic attempt on rebuilding the European Economy and thus benefiting themselves. During the interwar period, the US had based its foreign affairs on a "policy of glorious isolationism" - a policy that would have separated the US from the affairs of the world that did not concern them. At the end of the Second World War, the US's view had changed considerably in that they now wanted to help the European Community through 'the offer of aid through Marshall's new programme...'1 it was 'made available to all European countries without distinction,'2 making it seem that the US were being all inclusive within their scheme to help. At the surface, this would have been altruistic in that Marshall was helping Europe because he saw the devastation left behind from the Second
Assess the successes and failures of Mussolini's domestic policy.
Assess the successes and failures of Mussolini's domestic policy. Mussolini's primary aim in 1919 when he came into power was to fascitise the Italian nation as a whole, young and old; he wanted his nation to be utterly committed and disciplined towards the new fascist state rather than being passive and going along with everyone else. To achieve this goal, Mussolini set about trying to influence and ultimately change make domestic establishments more 'fascist', that is, to follow the principles of a very right-wing, nationalist totalitarian state in which the 'Duce is always right' and in which the principles of 'Believe, Obey, Fight' are considered paramount. Mussolini attempted to alter Church-state relations, to create the perfect fascist woman, to fascitise the educational system and the youths of Italy, to change Italy's economic and political structure, and to create a nation that would be respected by other nations, by using his strategies of the 'battle for land, grain and births' and by proving the strength of the nation through sporting achievements. However, Mussolini's policies failed to unite the country and fascitise the nation as a whole; his economic polices were disastrous, Italy was fairly weak politically, and women and teenagers failed to be heavily affected by a fascist state; Mussolini did handle the Church-State relations well however but in the
China's One Child Policy Ks3 Yr 9 Geography Assessment Marked 7c
I n 1979, three years after Chairman Mao's death, China introduced what would become one of the most controversial policies ever to pass through a modern government: the 1 child policy. This was a policy designed to help control China's rapidly increasing population. It encouraged families to have only 1 child and gave benefits for those who abided by this and imposed penalties for those who did not. During the 1940s all residents of China were encouraged to have large families which would be used to fuel the army and for use in agriculture and food production. When Mao took power in 1949 he too was for a large population within China and shortly after taking power he declared: "of all things in the world, people are the most important". He would then go on to condemn the use of birth control, eventually banning it, as he said it was a capitalist plot being used to weaken the country leaving it vulnerable to attack. He used this growing population to support his "human wave" defence policy as he was currently fearing attack from the US and Soviet Union. He is noted to have frequently stated "with every mouth comes two hands attached". Mao urged the population to grow to such an extent that by the end of his reign China's population would have doubled in size. However, in the early 1960s Mao and the Chinese government began see that rapid population growth (particularly
"Environmental degradation is neither the inevitable price of, nor a desirable path for, economic development
"Environmental degradation is neither the inevitable price of, nor a desirable path for, economic development." (UNDP, et al, 2005) Introduction Environmental degradation is now apparent on a global scale. In addition to the deterioration of what were once considered free goods (such as air and water), escalating scarcity of natural resources, deforestation, desertification and threatened bio-diversity are now commonplace across the spectrum. There are certainly no reservations over the scale of this degradation, however there is much controversy concerning the apparent environmental degradation - economic development nexus. Many have argued that short-term tradeoffs exist in the form of environmental degradation, for superior long-term economic gains. One of the positions put forward is that environmental degradation is the result and inevitable price of economic development. This viewpoint is based on the Environmental Kuznets Curve, regarding environmental degradation as the 'necessary evil' for achieving 'economic development' and suggesting that environmental assets are degraded in the early stages of economic development, only to improve after some income threshold has been passed at a later point. In the last decade, extensive literature has argued that a direct link between environmental degradation and economic development is too simplistic and that the
Economic and Social consequences of Unemployment
Economic and Social consequences of Unemployment Unemployment has both social and economic costs. According to ILO (International Labor organization), unemployment is defined as, '' people of working age who are without work, available for work and actively seeking employment.'' In other words, it is a state of an individual looking for a job but not having one. Unemployment is one of the factors crucial in determining the economic stability of a country. There are several factors which might lead to unemployment such as labor market conflicts (trade-unions) and downturns in economy. Seasonal unemployment occurs when a person is unemployed or their profession is not in demand during a certain season. On the other hand, cyclical unemployment is when there is less demand for goods and services in the marker so the supply needs to be reduced. There is myriad number of social and economic problems related with unemployment. The reason why government stresses much on reducing the unemployment levels is because it poses a great cost on an economy. In case of unemployed people themselves, they will receive less or no income based on whether or not they receive unemployment benefits from the government. Reduction in income means less spending and therefore lower standard of living. The cost of unemployment worsens the longer a person is unemployed because it affects as he becomes
To what extent is inflation a serious economic problem.
To what extent is inflation a serious economic problem Inflation is defined as the general and sustained increase in prices of goods and services. It is caused by many factors, but in particular three factors have a major effect on the value of inflation. The first cause is too much demand within the economy. This occurs when an increase in demand cannot be countered by an increase in production in the short term due to fixed factors (e.g. land) and so producers will increase the prices to decrease demand for their products. Aggregate demand, the demand within the whole economy, suddenly rises for a product for two reasons in particular. The first is that inflation has been so low in the economy that tax revenue, for example has been falling, due to less spending and increased saving, so in order to 're-flate' prices. They provide subsidies and ask for a lowering of interest rate to boost spending and 're-flate' the economy. The second reason maybe that greater consumer confidence within the economy has lead to increased spending and thus Aggregate demand increasing. This will mean that prices for consumers have risen, due to producers 'pulling' up their prices. There could be a disadvantage to pulling the prices up. To begin with, by pulling prices up, in the future, demand will fall and we will see that profits fall for producers, as a result of less revenue. Thus
To what extent is the oil crisis of 1973 a turning point in postwar economic development?
Chin Ying Lin Olivia (2) 6L 07/02/2010 To what extent can the oil crisis of 1973-4 be regarded as a turning point in the development of the international economy? The 1973 oil crisis was an event when the members of Organization of Petroleum Exporting Countries (OPEC) proclaimed an oil embargo in response to the U.S. decision to re-supply the Israeli military during the Yom Kippur war and lasted until March 1974. In this essay, a "turning point" is defined to be a landmark- an event marking a unique or important historical change of course or one on which important developments depend. While acknowledging that the oil crisis certainly had dramatic and lasting impact on the development of the international economy: in terms of signifying the start of a worldwide shift in power away from the U.S for the first time, bringing about catastrophic repercussions on the international economy and also leading to the formation of the G-7 ; to regard it as a " turning point" would be an overstatement, due to the temporary nature of the crisis, as well as preceding events such as the collapse of the Bretton Woods System, and the continuity of dominance of the US in the global economy, albeit with lesser power than before the oil crisis. All these suggest otherwise: either that other events qualify more as a "turning point" than the oil crisis, or that there remained continuity of
