More importantly, the puritans had considered essential for the future of economic success the access to education and therefore established elementary schools throughout the state (Wright, 1947). Therefore, the degree of literacy was greater than in other parts of the country because there was a comprehensive access to education.
By comparison, the South was different in this area. The southern society had a particular system of private tutoring which allowed children to have access to education. However, for ordinary people, this was not an option and they most often appealed to the assistance of the minister. Still, the quality of education received in this way was limited and in many situations the young generation remained illiterate. It can be said therefore that the poor level of education was in part due to the lack of financial support and in part to the economic practices existing in the South which did not allow families from the cotton and tobacco plantations to ensure that their children get a proper education. Moreover, due to the manual work they were engaged in, adults were even more reluctant to attain any type of educational activities.
Finally, the economic development of the North and South influenced the political relation between the two sides, indirectly. It should be underlined the fact that the ties with the British empire, although became much more loose than prior to the American Revolution, still...
All these situations impact the overall morale of the staff members, and as such their levels of performance and commitment to the employers. The scenarios are more dramatic for the people who are actually downsized, but the negative impacts are also observed at the level of the remaining staff members, who are presented with fewer opportunities for personal and professional development. The International Labor Office argues that in times of
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The (international debt) crisis offers various faces to the observer according to the nature of the issues involved -- be they purely financial, political, economic and social, or structural -- and according to the role of the actors involved in these issues -- be they debtor countries, multilateral development agencies, creditor governments, or commercial banks." (Kaufman, "Banking And Currency Crises And Systemic Risk: Lessons From Recent Events") World Banks Trade requires
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