Civil war and reconstruction Term Paper Example | Topics and Well Written Essays - 500 words

Civil war and reconstruction - Term Paper Example Therefore, the paper will focus on explaining the reason why the system failed and the reason behind the North winning the war, and it will explain the extent of the war and the reconstruction that followed in order to resolve the issues that created the breakdown. After the elections in 1860 to the presidency of Republican Abraham Lincoln, there was a succession in the southern states from Federal Union in 1861, though it focused on establishing the independent Confederacy of state for protecting the slavery. On the other hand, the Northern Unionists focused on unconstitutional secession, whereby they were willing to apply the military force to keep the South in the Union. However, the Southerners who had no slaves were against the threatened Federal coercion. This resulted to a costly and bloody civil war and numerous American were killed in the Civil War, since the nations, wars were combined (Dew, 5). Southern region became overwhelmed by war and this resulted to a burden by debt due to misgovernment and demoralization by a long period of racial warfare. There were harsh penalties imposed on Southern white leaders, and they humiliated the discrimination against blacks. This led to the â€Å"Jim Crow,† which was experienced during the nineteenth century, whereby the Southern states had isolated public facilities that abolished black accessibility to numerous public amenities such as restaurants, hotels and parks. Reconstruction is judged insensitively by comparing it to the moral transparency related to the Civil War, due to the dark moments of political divergence, dishonesty and deterioration. During the period of reconstruction, slaves were granted their freedom, but not equality, whereby the North failed to address the economic needs of the freedmen, and this effort indicated the inadequacy to the desperate needs of the former slave for institutions. This relates to institutions that offer political and economic opportunity or

MANAGING CHANGE Essay Example | Topics and Well Written Essays - 500 words

MANAGING CHANGE - Essay Example These achievements however, have been coupled with various drawbacks but with the application of economic theories with an illustration of the Contingency Theory such hurdles are to be tackled. The study provides recommendations on the various aspects that require adjusting for the economies to thrive even more. With the onset of the financial crisis within the past decade, the financial markets in the Gulf region have undergone various changes and institutions and business entities have adopted new market strategies to counter the implications of the crisis. The Cooperation Council for the Arab States of the Gulf countries (GCC) - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates (UAE) are keen to improve their economic competitiveness in the international market. From the early 1970s to the early 1980s the GCC member countries made significant developments in the financial front. The financial institutions were beneficiaries of the lucrative returns brought about by the abundant oil revenue. At the time up to the 1990s, the primary focus of the institutions was on short-term lending trade, building and construction and manufacturing. With the 1990s came global financial integration that entailed the carrying out of economic restructurings especially due to the effects of the Gulf war. Technological novelty and new market strategies centred on consumer-based services were adopted. Following the Gulf war was a variation of loan problems in banks across nations affected by it. The financial set-up of the GCC has overtime faced a number of challenges that revolve around the augmented role of the private sector in the financial market, the high demand for new financial services and the aspect of global participation. Efficiency and productivity are therefore a principal concern in this modern age. The countries in the GCC have links with banks that are expansively