Causes of depression The Economist and historians have not yet been able to reach an agreement regarding the cause of the depression. Some say that the depression was primarily an American phenomenon and the economic setback suffered by other countries steamed largely from the policies adopted in United States. They hold that the European […]
Read More »Hoover and depression “We in America today are nearer to the final, triumph over poverty than ever before in the history of any land”. Hoover Birth- West Branch, Lowa in 1874 lost his parents at the age of 10 he was brought up by his uncle Studies- mining engineering from Levland Stanford University When the […]
Read More »Water Transport: Kinds, Advantages and Disadvantages of Water Transport Water transport is the cheapest and the oldest mode of transport. It operates on a natural track and hence does not require huge capital investment in the construction and maintenance of its track except in case of canals. The cost of operation of water transport is […]
Read More »Air Transport: Advantages and Disadvantages The mobility of men and material by air is called air transport. It is the fastest means of transport. It is very useful for long distances and saves time. The Parliament passed the Air Transport Corporation Act in 1953 under which the Indian Airlines Corporation was to run domestic services […]
Read More »Advantages and Disadvantages of Railway Transport Disadvantages: Although railway transport has many advantages, it suffers from certain serious limitations: Huge Capital Outlay: The railway requires is large investment of capital. The cost of construction, maintenance and overhead expenses are very high as compared to other modes of transport. Moreover, the investments are specific and immobile. […]
Read More »Rail Transport Advantages and Disadvantages of Railway Transport Advantages: Dependable: The greatest advantage of the railway transport is that it is the most dependable mode of transport as it is the least affected by weather conditions such as rains, fog etc. compared to other modes of transport. Better Organised: The rail transport is better organised […]
Read More »The International Civil Aviation Organization (ICAO) is a UN specialized agency, established by States in 1944 to manage the administration and governance of the Convention on International Civil Aviation (Chicago Convention). ICAO works with the Convention’s 192 Member States and industry groups to reach consensus on international civil aviation Standards and Recommended Practices (SARPs) […]
Read More »The International Air Transport Association (IATA) is the trade association for the world’s airlines, representing some 280 airlines or 83% of total air traffic. It support s many areas of aviation activity and help formulate industry policy on critical aviation issues. To be the force for value creation and innovation driving a safe, secure and profitable […]
Read More »President Eisenhower gave an indication of his foreign policy During the inaugural and accepted to follow the methods of Roosevelt and Truman and he also accepted that these policies are made to remove the cause of mutual fear and distrust among countries he also promised trade programs with other countries. The two factors which contributed […]
Read More »This event of Manchuria made a worldwide reaction. Besides the Far East, the history of world was influenced by it. The Japanese existence as an imperialist country became visible to all and she was condemned and criticized everywhere for her imperialist and selfish policy. At this time America was involved in economic crisis. She had […]
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