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The Great Divergence or European miracle is the socioeconomic shift in which the Western world (i.e. Western Europe and the parts of the New World where its people became the dominant populations) overcame pre-modern growth constraints and emerged during the 19th century as the most powerful and wealthy world civilizations, eclipsing previously ...
The powerful combination of ERP and NATO (1949) gave Europe the assurance of America's commitment to the security and prosperity of Western Europe, and helped the recipients avoid the pessimism and despair that characterized the aftermath of World War I. The Marshall Plan thus created in Europe an unstoppable "revolution of rising expectations ...
A map showing Charlemagne's additions (in light green) to the Germanic Frankish Kingdom. After his reign, the empire he created broke apart into the kingdom of France (from Francia meaning "land of the Franks"), Holy Roman Empire and the kingdom in between (containing modern day Switzerland, northern-Italy, Eastern France and the low-countries).
The crisis of the Middle Ages was a series of events in the 14th and 15th centuries that ended centuries of European stability during the late Middle Ages. [1] Three major crises led to radical changes in all areas of society: demographic collapse, political instability, and religious upheavals.
Hesiod active 750 to 650 BC, a Boeotian who wrote the earliest known work concerning the basic origins of economic thought, contemporary with Homer. [3] Of the 828 verses in his poem Works and Days, the first 383 centered on the fundamental economic problem of scarce resources for the pursuit of numerous and abundant human ends and desires.
The Minoan civilization was a Bronze Age civilization that arose on the island of Crete and flourished from approximately the 27th century BC to the 15th century BC. The Parthenon, located on the Acropolis in Athens, one of the cradles of Western civilization.
Évolués in the Belgian Congo studying medicine.. Western European colonialism and colonization was the Western European policy or practice of acquiring full or partial political control over other societies and territories, founding a colony, occupying it with settlers, and exploiting it economically.
In the history of economic thought, ancient economic thought refers to the ideas from people before the Middle Ages.. Economics in the classical age is defined in the modern analysis as a factor of ethics and politics, only becoming an object of study as a separate discipline during the 18th century.