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Guns Versus Butter Model
In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and ''civilian goods''. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. This may be seen as an analogy for choices between defense and civilian spending in more complex economies. The government will have to decide which balance of guns versus butter best fulfills its needs, with its choice being partly influenced by the military spending and military stance of potential opponents. Researchers in political economy have viewed the trade-off between military and consumer spending as a useful predictor of election success. In this example, a nation has to choose between two options when spending its finite resources. It may buy either guns (invest in defense/military) or butter (invest in production of goods), or a combination of both. Origin ...
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Production Possibilities Frontier Curve
Production may refer to: Economics and business * Production (economics) * Production, the act of manufacturing goods * Production, in the outline of industrial organization, the act of making products (goods and services) * Production as a statistic, gross domestic product * Production line Arts, entertainment, and media * Production, the act or role of assembling, crafting, creating, or presenting, a work of art, or the work of art itself. Motion pictures * Production, film distributor of a company * Production, phase of filmmaking * Production, video production Other uses in arts, entertainment, and media * ''Production'' (album), by Mirwais, 2000 * Production, category of illusory magic trick * Production, phase of video games development * Production, Record producer's role * Production, theatrical performance Science and technology * Production, deployment environment where changes go "live" and users interact with it * Production (computer science), formal-grammar co ...
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Muscle Shoals, Alabama
Muscle Shoals is the largest city in Colbert County, Alabama, United States. It is located on the left bank of the Tennessee River in the northern part of the state and, as of the 2010 census, its population was 13,146. The estimated population in 2019 was 14,575. Both the city and the Florence-Muscle Shoals Metropolitan Area (including four cities in Colbert and Lauderdale counties) are commonly called "The Shoals". Northwest Alabama Regional Airport serves the Shoals region, located in the northwest section of the state in Muscle Shoals. Due to its strategic location along the Tennessee River, Muscle Shoals had long been territory of Native American tribes. In the late 18th and early 19th centuries, as Europeans entered the area in greater number, it became a center of historic land disputes. The new state of Georgia had ambitions to anchor its western claims (to the Mississippi River) by encouraging development here, but that project did not succeed. Under President ...
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Cold War
The Cold War was a period of global Geopolitics, geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 until the dissolution of the Soviet Union in 1991. The term ''Cold war (term), cold war'' is used because there was no direct fighting between the two superpowers, though each supported opposing sides in regional conflicts known as proxy wars. In addition to the struggle for ideological and economic influence and an arms race in both conventional and Nuclear arms race, nuclear weapons, the Cold War was expressed through technological rivalries such as the Space Race, espionage, propaganda campaigns, Economic sanctions, embargoes, and sports diplomacy. After the end of World War II in 1945, during which the US and USSR had been allies, the USSR installed satellite state, satellite governments in its occupied territories in Eastern Europe and N ...
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Arms Race
An arms race occurs when two or more groups compete in military superiority. It consists of a competition between two or more State (polity), states to have superior armed forces, concerning production of weapons, the growth of a military, and the aim of superior military technology. Unlike a racing, sporting race, which constitutes a specific event with winning interpretable as the outcome of a singular project, arms races constitute spiralling systems of on-going and potentially open-ended behavior. The existing scholarly literature is divided as to whether arms races correlate with war. International-relations scholars explain arms races in terms of the security dilemma, engineering spiral models, states with Revisionist state, revisionist aims, and Deterrence theory, deterrence models. Examples Pre-First World War naval arms race From 1897 to 1914, a Anglo-German naval arms race, naval arms race between the United Kingdom and German Empire, Germany took place. Br ...
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New Deal
The New Deal was a series of wide-reaching economic, social, and political reforms enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, in response to the Great Depression in the United States, Great Depression, which had started in 1929. Roosevelt introduced the phrase upon accepting the Democratic Party (United States), Democratic Party's presidential nomination in 1932 before winning the election in a landslide over incumbent Herbert Hoover, whose administration was viewed by many as doing too little to help those affected. Roosevelt believed that the depression was caused by inherent market instability and too little demand per the Keynesian model of economics and that massive government intervention was necessary to stabilize and rationalize the economy. During First 100 days of the Franklin D. Roosevelt presidency, Roosevelt's first hundred days in office in 1933 until 1935, he introduced what historians refer to as the "First New Deal", ...
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Great Society
The Great Society was a series of domestic programs enacted by President Lyndon B. Johnson in the United States between 1964 and 1968, aimed at eliminating poverty, reducing racial injustice, and expanding social welfare in the country. Johnson first used the phrase in a May 7, 1964, speech at Ohio University. The Great Society sought to build on the legacy of former President Franklin D. Roosevelt's New Deal reforms of the 1930s, and planned to use the power of the federal government in order to address Income inequality in the United States, economic inequality, improve education and healthcare, and promote Civil rights movement, civil rights. The post–World War II economic expansion had raised living standards for many Americans, but significant disparities remained, particularly for racial minorities and those living in impoverished rural and urban areas. The civil rights movement was gaining momentum, highlighting Institutional racism, systemic racism and discrimination. ...
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Britain Awake
"Britain Awake" (also known as the Iron Lady speech) was a speech made by British Conservative Party leader Margaret Thatcher at Kensington Town Hall, London, on 19 January 1976. The speech was strongly anti-Soviet, with Thatcher stating that the Soviet Union was "bent on world domination" and taking advantage of détente to make gains in the Angolan Civil War. She questioned the British Labour government's defence cuts and the state of the NATO defences in parts of Europe. Thatcher stated that a Conservative government would align its foreign policy with the United States and increase defence spending. She also congratulated Malcolm Fraser and Robert Muldoon for their recent election as prime minister of Australia and New Zealand, respectively, but warned of the risks of a potential communist victory in the upcoming 1976 Italian general election. Thatcher urged the British public to wake from "a long sleep" and make a choice that "will determine the life or death of our k ...
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Old Town Hall, Kensington
The old Town Hall was a municipal facility at Kensington High Street in Kensington, West London. It was demolished in 1982. History The building was commissioned to replace the mid-19th-century Kensington Vestry Hall in Kensington High Street, which had been designed by Benjamin Broadbridge in the Tudor style for the Parish of St Mary Abbots Kensington. After the vestry hall had become inadequate for their needs, civic leaders decided to procure a new town hall; the site chosen for the new building had previously been occupied by the Kensington National School. The new building, which was designed by Robert Walker in the Italianate style, was built by Braid and Co. on an adjacent site just to the east of the old vestry hall and was completed in 1880. The design involved a frontage of seven bays facing onto Kensington High Street; the central section of three bays featured a doorway with stone surround and canopy on the ground floor; there were tall windows with integrated o ...
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Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013), was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party (UK), Leader of the Conservative Party from 1975 to 1990. She was the List of prime ministers of the United Kingdom by length of tenure, longest-serving British prime minister of the 20th century and the first woman to hold the position. As prime minister, she implemented policies that came to be known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style. Thatcher studied chemistry at Somerville College, Oxford, and worked briefly as a research chemist before becoming a Barristers in England and Wales, barrister. She was List of MPs elected in the 1959 United Kingdom general election, elected Member of Parliament for Finchley (UK Parliament constituency), Finc ...
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Lyndon B
Lyndon may refer to: Places * Lyndon, Alberta, Canada * Lyndon, Rutland, East Midlands, England * Lyndon, Solihull, West Midlands, England United States * Lyndon, Illinois * Lyndon, Kansas * Lyndon, Kentucky * Lyndon, New York * Lyndon, Ohio * Lyndon, Pennsylvania * Lyndon, Vermont * Lyndon, Sheboygan County, Wisconsin, a town * Lyndon, Juneau County, Wisconsin, a town Other uses * Lyndon State College, a public college located in Lyndonville, Vermont People * Lyndon (name), given name and surname See also

* Lyndon School (other) * Lyndon Township (other) * * Lydon (other) * Lynden (other) * Lindon (other) * Linden (other) {{disambig, geo ...
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Hermann Göring
Hermann Wilhelm Göring (or Goering; ; 12 January 1893 – 15 October 1946) was a German Nazism, Nazi politician, aviator, military leader, and convicted war criminal. He was one of the most powerful figures in the Nazi Party, which governed Germany from 1933 to 1945. He also served as ''Oberkommando der Luftwaffe, Oberbefehlshaber der Luftwaffe'' (Supreme Commander of the Air Force), a position he held until the final days of the regime. He was born in Rosenheim, Kingdom of Bavaria, Bavaria. A veteran World War I fighter pilot Flying aces, ace, Göring was a recipient of the . He served as the last commander of Jagdgeschwader 1 (World War I), ''Jagdgeschwader'' 1 (JG I), the fighter wing once led by Manfred von Richthofen. An early member of the Nazi Party, Göring was among those wounded in Adolf Hitler's failed Beer Hall Putsch in 1923. While receiving treatment for his injuries, he developed an addiction to morphine that persisted until the last year of his life. Aft ...
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Joseph Goebbels
Paul Joseph Goebbels (; 29 October 1897 – 1 May 1945) was a German Nazism, Nazi politician and philologist who was the ''Gauleiter'' (district leader) of Berlin, chief Propaganda in Nazi Germany, propagandist for the Nazi Party, and then Reich Ministry of Public Enlightenment and Propaganda, Reich Minister of Propaganda from 1933 to 1945. He was one of Adolf Hitler's closest and most devoted followers, known for his skills in public speaking and his virulent antisemitism which was evident in his publicly voiced views. He advocated progressively harsher discrimination, including the extermination of the Jews in the Holocaust. Goebbels, who aspired to be an author, obtained a doctorate in philology from the University of Heidelberg in 1921. He joined the Nazi Party in 1924 and worked with Gregor Strasser in its northern branch. He was appointed ''Gauleiter'' of Berlin in 1926, where he began to take an interest in the use of propaganda to promote the party and its progr ...
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