Deng’s Economic Reform in China

Deng Xiaoping was a revolutionary fighter and also a survivor of China’s legendary Long March. In 1978, Deng became China’s top party paramount leader, and this is when he started changing the economy of China. He first launched the second revolution reforms which involved opening up China to the outside world. These reforms set in… Continue reading Deng’s Economic Reform in China

Rubber Production – Difficulties Involved

There is a fluctuation in the supply of Natural rubber. First and foremost are the cuts in production and shift to other profitable crops such as palm oil cultivation in some of the major producing countries such as Malaysia, Sri Lanka, and Indonesia. There is increasing use of natural rubber in commercial vehicle radial tire… Continue reading Rubber Production – Difficulties Involved

Rubber Production – Problems Facing Rubber Production

Rubber production mainly is in impoverished Asian countries. Laos supports most of the world’s output albeit at the expense of its citizens’ health and land displacement. Citizens argue that this kind of violation is to meet the first world rubber demands. Environmentally, the natural rubber processing part uses up tons of energy & water and… Continue reading Rubber Production – Problems Facing Rubber Production

Belgian Imperialism in the Congo

In 1874 King Leopold II sent Henry Morton Stanley to explore Congo region and make treaties with the local chiefs. These treaties allowed King Leopold II to develop a colony for himself as he establishes his position as the colony’s leader. Congo was an attractive colony due to its rich source of rubber that was… Continue reading Belgian Imperialism in the Congo

Why the Jews were Blamed for Germany’s Depression Following WWI

Surprisingly, by the time World War I erupted, most of the German financial institution including banks, and large companies were owned and controlled by Jewish people. Germans including Hitler blamed the loss of the war on the Jewish population. They also blamed the Jew on the wrong decision made by the Weimar Republic on capitalism.… Continue reading Why the Jews were Blamed for Germany’s Depression Following WWI

The Hyperinflation Germany Suffered After World War I Because of the Treaty of Versaille

The German hyperinflation is one of the worst economic crises the world has ever seen; the famous story that people had to carry money on wheelbarrows since cash hardly had any value. The picture above shows children playing with money since toys had more value compared to the paper currency. The leading cause of the… Continue reading The Hyperinflation Germany Suffered After World War I Because of the Treaty of Versaille