THE CRASH 1929 AND THE FINANCIAL CRISIS 2007

The inequalities that exist between the two are that the two crises began in the U.S.A, prices initially rose loved very fast but then went downhill. One important thing about this crisis is speculation.

VIETNAM WAR

Was a Cold War military conflict that occurred in Vietnam, Laos, and Cambodia from 1 November 1955 to 15 May 1975 when the Mayaguez Incident concluded and two weeks after the fall of Saigon on 30 April 1975. The Mayaguez incident involving the Khmer Rouge government in Cambodia on 12–15 May 1975, marked the last official battle of the United States (U.S.) involvement in the Vietnam War. This war followed the First Indochina War and was fought between North Vietnam, supported by its communist allies, and the government of South Vietnam, supported by the United States and other anti-communist nations.
The Viet Cong, a lightly-armed South Vietnamese communist-controlled common front, largely fought a guerrilla war against anti-communist forces in the region. The North Vietnamese Army engaged in a more conventional war, at times committing large units into battle. U.S. and South Vietnamese forces relied on air superiority and overwhelming firepower to conduct search and destroy operations, involving ground forces, artillery and airstrikes.

The United States government viewed involvement in the war as a way to prevent a communist takeover of South Vietnam and part of their wider strategy of containment. The North Vietnamese government viewed the war as a colonial war, fought initially against France, backed by the United States, and later against South Vietnam, which it regarded as a US puppet state.United States military advisors arrived beginning in 1950. U.S. involvement escalated in the early 1960s, with U.S. troop levels tripling in 1961 and tripling again in 1962. U.S. combat units were deployed beginning in 1965. Operations spanned borders, with Laos and Cambodia heavily bombed. Involvement peaked in 1968 at the time of the Tet Offensive. After this, U.S. ground forces were withdrawn as part of a policy called Vietnamization. Despite the Paris Peace Accords, signed by all parties in January 1973, fighting continued.

The Case–Church Amendment passed by the U.S. Congress prohibited use of American military after 15 August 1973, unless the president secured congressional approval in advance.[23] The capture of Saigon by the North Vietnamese army in April 1975 marked the end of the Vietnam War. North and South Vietnam were reunified the following year.

The war exacted a huge human cost in terms of fatalities (See: Vietnam War casualties), including 3 to 4 million Vietnamese from both sides, between 1.5 to 2 million Laotians and Cambodians, and 58,159 U.S. soldiers

Really modern times

Charles Chaplin on video criticizing society, the hard work they did because most people were exploited for low wages.
Also criticizes the industry, the desire to make money and inequality suffered by the company at the time.

CHILDREN IN VICTORIAN TIMES

During the Industrial Revolution, children, women working in factories and coal mines as men. In Victorian times, coal was very important in industry and exploited children pushing coal trucks along the tunnels of mines which were called putters. Many children began working at 2 am and remained underground for 18 hours.

These children, mostly poor, could not go to school because their families could not afford. Only the rich kids went to school to learn. But fortunately, in 1880, the law says that all children aged 5 to 10 must go to primary school, so that all children receive at least a basic education.

Many Victorian children were poor and worked to help their families. The families had no money so it should work. The Industrial Revolution created new jobs, in factories and mines. Many of these works were first performed by children, because children were cheaper than adults.

WORKING WITH PRESS

TABLE OF THE INDUSTRIAL REVOLUTION

Thomas Alva Edison

Thomas Alva Edison born February 11, 1847 and died on October 18, 1931.
He was a businessman and a prolific inventor who patented more than a thousand inventions (for an invention of his adult life every fortnight) and helped to give both the U.S. and Europe, the technology profiles of the contemporary world: the electrical industries, a system viable telephone, the phonograph, movies ...
After saving a child died in the railroad tracks in Port Huron, the grateful father of the child J. U. Mackenzie taught him telegraphy. At sixteen he got his first job as a telegraph operator in Port Huron when J. U. Mackenzie will leave the post to join the Military Telegraph Corps.

In late 1863, supported by Edison J. U. Mackenzie applied for a job as a telegraph Grand Truck Railway at the junction of Stratford. Did not last long in this job because it did not transmit the signals to stop a freight train, therefore, was about to have a head-on collision. He fled to Sarnia, at the Canadian border and took the ferry to Port Huron.

In early 1864, Edison got a job on the railroad southern Lake Shore & Michigan, Adrian, sixty miles south of Detroit where he was fired for disobeying orders. He was ordered to send an important message, and did so without ignoring the protests of the man who was passing across the line, which was the superintendent, Edison unknown detail.

TERTIARY INDUSTRY

1- KEY WORDS:

-WELFARE STATE: is a concept of government where the state plays a key role in the protection and promotion of the economic and social well-being of its citizens. It is based on the principles of equality of opportunity, equitable distribution of wealth, and public responsibility for those unable to avail themselves of the minimal provisions for a good life. The general term may cover a variety of forms of economic and social organization.

-TRADE: is the voluntary exchange of goods, services, or both. Trade is also called commerce or transaction. A mechanism that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and services. Later one side of the barter were the metals, precious metals (poles, coins), bill, paper money. Modern traders instead generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.

-INSURANCE: in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium.

-HEALTH SERVICES : is the name commonly used to refer to the four single-payer publicly funded healthcare systems in the United Kingdom, collectively or individually, although only the health service in England uses the name 'National Health Service' without further qualification.

-HOUSEHOLD CONSUMPTION: is a transaction of the national account's use of income account representingconsumer spending. It consists of the expenditure incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant. It also includes various kinds of imputed expenditure of which the imputed rent for services of owner-occupied housing (imputed rents) is generally the most important one. The household sector covers not only those living in traditional households, but also those people living in communal establishments, such as retirement homes, boarding houses and prisons.

-INTEREST RATE: is the price a borrower pays for the use of money they borrow from a lender, for instance a small company might borrow capital from a bank to buy new assets for their business, and the return a lender receives for deferring the use of funds, by lending it to the borrower. Interests rates are fundamental to acapitalist society. Interest rates are normally expressed as a percentage rate over the period of one year.

-TERTIARISATION: is an economic and social transformation that affects the more developed countries. Not only is the population employed in the tertiary sector (services) is larger than the secondary sector (industry), but the way to work in this area extends to all other.

-MOTORWAY: is a dual carriageway limited access highway with grade separated junctions designed and built solely for motorised traffic.

-PIPELINE: is the transport of goods through a pipe. In general, liquids and gases are sent, but pneumatic tubes transport 3The solid compressed air capsules have also been used. As for gases and liquids, any chemically stable substance can be sent through a pipe, so the sewage sludge, water, beer and existing pipelines, but certainly the most valuable are those which transport fuels: oil (pipeline), natural gas (mains gas) and biofuels.

-FREIGHT: is goods or produce transported, generally for commercial gain, by ship, aircraft,train, van or truck. In modern times, containers are used in most intermodal long-haul cargotransport.

-GATT-WTO: is an international organization designed by its founders to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1947.

-LEISURE: is a period of time spent out of work and essential domestic activity. It is also the period of recreational and discretionary time before or after compulsory activities such as eatingand sleeping, going to work or running a business, attending school and doing homework, household chores, and day-to-day stress. The distinction between leisure and compulsory activities is loosely applied, i.e. people sometimes do work-oriented tasks for pleasure as well as for long-term utility.

-SPA: is associated with water treatment which is also known as balneotherapy. Spa townsor spa resorts (including hot springs resorts) typically offer thermal or mineral water for drinking and bathing. They also offer various health treatments. The belief in the curative powers of mineral waters goes back to prehistoric times. Such practices have been popular worldwide, but are especially widespread in Europe and Japan. Day spas are also quite popular, and offer various personal care treatments.

-RESORT: is a place used for relaxation or recreation, attracting visitors for holidays or vacations. Resorts are places, towns or sometimes commercial establishment operated by a single company. Such a self-contained resort attempts to provide for most of a vacationer's wants while remaining on the premises, such as food, drink, lodging, sports, entertainment, andshopping. The term "resort" sometimes is misused to identify a hotel that does not provide the other amenities required of a full resort. However, a hotel is frequently a central feature of a resort, such as the Grand Hotel at Mackinac Island, Michigan. A resort is not merely a commercial establishment operated by a single company, although in the late twentieth century this sort of facility became more common.

-ENVIRONMENT: The biophysical environment is the symbiosis between the physical and biological life forms in the environment, includes all the variables that make up the Earth's biosphere. The biophysical environment can be divided into two categories: the natural and built environment. Following the industrial revolution, the built environment has become an increasingly important part of Earth's environment.