Describe the most important events during the period, 19001940 Essay

Describe the most important events during the period, 19001940. Explain why the events you have chosen are the most important - Essay Example Significantly, Women's Suffrage in the United States was a gradual achievement through the 19th Century and early 20th Century which culminated in 1920 with the passage of the Nineteenth Amendment to the US Constitution which maintained that the right of citizens of the nation to vote shall not be denied or abridged in view of sex. The Great Depression, the severe worldwide economic depression in the decade prior to the World War II, originated in the US, caused by the stock market crash known as Black Tuesday, and it is one of the most damaging and deepest depressions in the history of modern man. The Fair Labor Standards Act of 1938, also called the Wages and Hours Bill, is another crucial event during the period and this established a national minimum wage and time and a half for overtime in certain jobs. "The main objective of the act was to eliminate 'labor conditions detrimental to the maintenance of the minimum standards of living necessary for health, efficiency and well-bein g of workers' The Fair Labor Standards Act also prohibited child labor in all industries engaged in producing goods in inter-state commerce. The act set the minimum age at 14 for employment outside of school hours in non-manufacturing jobs, at 16 for employment during school hours, and 18 for hazardous occupations." (Fair Labor Standards Act). Therefore, Women's Suffrage, the Great Depression, and the Fair Labor Standards Act are three of the most crucial events in the US history during the period between 1900 and 1940 and the effect of these events is evident even the contemporary years. One of the most essential events in the US history during the period between 1900 and 1940 is of course Women's Suffrage which was implemented in 1920 with the passage of the Nineteenth Amendment to the US Constitution and accordingly the right of citizens of the nation to vote will not be denied or abridged in view of sex. "The Nineteenth Amendment further points to the link between the Progressive era and direct democracy." (Vile, 2006, p 207). Women's Suffrage in the US has given rise to many important developments in the US history and it contributed to the modern women's movement which aims at the liberation of women in every aspect of life. "After gaining the right to vote in1920, women engaged in little independent political activity until 1960s Feminism gained additional impetus from young women who entered politics to support the civil rights movement or to oppose the Vietnam War." (Bardes, Shelley, and Schmidt, 2008, p 161). Therefore, Women's Suffrage in the United States was a crucial event during the period 1900-1940 as it had various effects on the socio-political development of the nation. The Great Depression, which originated in the US, has been one of the most important events in the decade prior to the World War II and it was mostly damaging to the US economy, though it had devastating effects in almost every country of the world. It affected almost every aspect of the growth of the

Private Equity in Developing Countries Case Study

Private Equity in Developing Countries - Case Study Example Exit might be accomplished by means of preliminary public offering (IPO) of the investee company’s stocks on a stock market, or by offering the investment to a trade purchaser or a different fund. The past many years have observed a growth in private equity action in the developing world. This continues to be fuelled mainly by institutional traders located in America. The causes of this progress are many. Among them has been the latest quick development of numerous developing nations and the recreation of curtails on international savings in lots of these nations. Possibly just as crucial has been the current insight by numerous institutional traders that the profits from private equity assets in the U.S. will probably decline in forthcoming years. (Claessens 78) While detailed data is difficult to find, a handful of instances can help depict these habits. In 1994 alone, private equity revenue located in Hong Kong and China brought up a full amount of $3.1 billion in funds. Two-thirds of the capital originated from outside Asia, with the solitary biggest supply being U.S. establishments. This total was greater than the total produced by specialist private equity establishments there since the initial fund was brought up in Hong Kong in 1981. In 1994 and 1995, Latin American revenue produced $1 .4 billion. This symbolized many times the quantity that had been brought up in the past by revenue in the area. India, Eastern Europe, South Africa, and Israel are simply some of the other places where a variety of private equity funds have long been or currently are now being produced. Furthermore, funds founded in the U.S. are more and more spending instantly in deals in the developing world, frequently in combination with these funds. Traders started to deem growing markets when planning some new investment territories in the past due 1990s. PE is usually related to high profits on investment in comparison to other forms of