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The impact of the Panama canal helped boats travel through Central America faster and more convenient. It also helped them safely travel through the waters without any rough conditions.
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Historiography is the study of the way history has been and is written – the history of historical writing
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Three Characteristics of Globalization:
1. transnational corporations
2. outsourcing of labor
3. foreign investing
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Globalization is the integration of national economies and socio-cultural relationships through cross-border economic activities, technology and communication, migration, and social relationships.
Globalization encourages the growth of interdependence of the world's economies, cultures, and populations, as a result of cross-border trade in goods and services, technology, and flows of investment, people, and information.
Stiglitz (2003) stressed that "the growth in cross-border economic activities takes five principal forms: (1) international trade; (2) foreign direct investment; (3) capital market flows; (4) migration (movement of labor); and (5) diffusion of technology."
There are some advantages (development of global markets, introduction of more efficient technologies, outsourcing of jobs, etc.) and disadvantages (consumerism, loss of domestic jobs, competitiveness, etc.) from globalization, depending on individual viewpoints.
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<h3>
The Truman Doctrine stated that the US would provide aid for any nation that was under attack from communism. The Truman Doctrine was the first policy statement on containment where the US sought to limit Soviet influence to where it already existed. The United States spent thousands of dollars funding anti-communist forces in the Greek civil war after WWII.</h3>
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After WWII, it appeared as though the US and the Soviet Union were on a collision course. The Soviet Union showed no intention of ever leaving Eastern Europe, and its occupation of East Germany placed the Western sector of Berlin in jeopardy. The United States had already alienated the Soviet Union by creating the Marshall Plan for Western Europe in order to rebuild the region's infrastructure and economy. This money was offered to the Soviet Union as well, but Stalin did not want to join the IMF and World Bank so his bloc was left out. Churchill gave his "Iron Curtain" speech in Independence, Missouri, to wide acclaim.
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seventy years leading up to 1860. (:
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