foreign investment (FDI), history homework help

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“By 2005, Europe’s exports were more than three times those of the United States. Europe also overtook the United States in terms of foreign investment (FDI), becoming the leading investor in the world and this trend has only accelerated in the 21st century” (Shubert & Goldstein, 2012). Europe accomplished this after the fall of communism and it stands as a good example of how its globalization has affected the world economy.

Yet- there was an unexpected crisis in Europe when the transition began. They experienced an economic collapse as inflation and unemployment set in. A market economy changed up the way things were. State-owned and state-protected jobs could not compete in a free marketplace (2012). Basic subsidies that had been provided were pulled leaving poorer countries in basic poverty. Russia and the Czech Republic were hit especially hard. The state no longer provided in such a way as to keep things fairly equal. Some investors and entrepreneurs did very well (2012), but there was a great discrepancy between the rich and poor. Former communist countries struggled to keep up. Agriculture still ranked high for them and they were simply not as sophisticated as those in Western Europe.

By 1990, 51 political parties had registered in Czechoslovakia. Citizens were experiencing new found freedom in the political realm. States and nation states wanted to be recognized independently in their political identities and not clumped in one bloc as they were forced to do within communistic tenets.

Technology makes it so much easier for terrorists to carry out their plans. The simplest thing (like a cell phone) could keep terrorists synchronized in their actions. It is a well-known fact that the Internet has been used as a tool in the radicalization of an individual. Someone across the ocean connects with an individual in another country easily.

Nationalism played an integral part in the attacks on the World Trade Center and the Pentagon. Islamic Extremists exploded bombs on commuter trains in Madrid (2012). The role of religion in these attacks is obvious but so is the nation they claim. The Serbs and Croats induced terrorism all in the name of nationalism. They thought they were the superior people.

Many factors can produce a terrorist. Nationalism can provoke terrorism. Radicalization can produce a terrorist. An individual who feels wronged by the world can become a terrorist. An individual who feels he/she is standing up for those who could not defend themselves can become a terrorist (Timothy McVeigh). These are the causes only the terrorist internalizes.

Europeans have been affected by terrorism in the same way the United States has been affected. Both have been victims of terrorist attacks and this breeds caution. Terrorism is an integral part of European vocabulary as it is in this country. It is a new awareness that affects travel as well as society in general. Safety factors are put in place and citizens are more vigilant.

Reference

Shubert, A. & Goldstein, R. J. (2012). Twentieth-century Europe. San Diego, CA: Bridgepoint education, Inc.

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agneta
School: Duke University

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Running head: COMMUNISM

Communism
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COMMUNISM

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After communism the economy for Europe improved to a point that it was the leading
investor, things only became better in the 21st century. The transit...

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Anonymous
awesome work thanks

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