¶ … War of 1812, the nation settled into a sense of smugness that would be known as the Era of Good Feelings. The Era of Good Feelings was a term coined by a Boston-area newspaper in 1817, during newly elected President James Monroe's fifteen-state tour (Miller Center, n.d.). In its post-war intoxication, America would overlook some of its most pressing problems during the Era of Good Feelings. Monroe capitalized on the public's perception that all was well in the United States. Even more important for the strength of the Monroe presidency was the fact that the President's party became the only viable one after the demise of the Federalists. This meant that Monroe felt well empowered as president during the Era of Good feelings, which lasted until about 1825. Whether the period between the end of the War of 1812 and the Monroe Doctrine elicited "good feelings" depended largely on one's views regarding key issues like slavery and westward expansion. The reasons why the Monroe Presidency included the Era of Good Feelings included economic growth and prosperity, national security, and political stability. As Kennedy, Cohen & Piehl (n.d.) point out, "the foundations for a continental-scale economy were laid," especially as railroads, canals, and turnpikes...
112). By the time the Monroe Doctrine was issued, America had fully affirmed its strength and became determined to engage in an aggressive campaign of westward expansion based on the notion of Manifest Destiny. Ignoring the rights of slaves in the South and Native Americans throughout the continent, the era could be classified as one that brought "good feelings" to those in a position of power and privilege.
Governments will not provide public goods to those they mistrust, as they will not expect to be able to collect taxes at a later date. In Africa, this again can be related to ethnic tensions -- governments and regions from different ethnic groups may have mutual mistrust that predates the colonial era. Conclusions Every nation will develop in its own way. For the most part, however, specific antecedents to development can
Growth of Tourism Capitalism, as an economic system, is doing much of what democracy, as a political system could not. China has long been known as a communist country, but this truly applies to both political and economic policy, although the Marxist idea was originally economic. However, during the reign of Mao and the communists, the country sank deeper into poverty, and instead of being a world leader as it had
Family businesses and small artisan shops provided the main means of employment before the Industrial Revolution, after which urban-area factories became a dominant economic and social force. Because factories attracted large numbers of domestic and immigrant laborers, they were able to grow rapidly in size and scope. Immigration became a major social revolution precipitated by the Industrial Revolution, dramatically altering the ethnic, social, economic, and political landscape of the
Israel has a long standing history of conflicts of a religious nature with the Palestinians, but also with Lebanon and other Middle Eastern states; despite the numerous attempts at peace, armed conflicts still occur; this brings instability and fear not only in the political and civilian life, but also to business operations 4. Conclusion Similar to any other global region, Israel is characterized by both opportunities, as well as threats. The
Growth Rate Slow model (1992) is an economic tool used to analyze a country economic growth. The principal conclusion of Slow model is that the accumulation of capital could not only account for the growth rate per person. To address the central question of economic growth, it is critical to move beyond the Slow model. Mankiw et al. (1992) incorporate economic tools such as FDI growth rate, trade, inequality, institutional quality
S. effort must follow certain guidelines in any such efforts, like for example, it must perforce be for the innate purpose of changing, or propping up the regime. It must also deploy large numbers of U.S. ground troops, and it must also involve these troops, as well as large numbers of civilians in the basic political administration of the country. (U.S. Involvement in Nation Building before Iraq) If all three
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