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Affect of 9/11 on the economy
Affect of 9/11 on the economy
The effects of 9/11 on the United States
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Financial Effects of September 11th
September 11th, like few other dates in the history of our country, will be permanently engraved in all American’s memories. Even though the events of this tragic day are behind us, the economy is still feeling the burden of the terrorist attack on the World Trade Center and the Pentagon. The economy was already experiencing a fall off before the attack. Despite the struggling times, Wall Street analysts believed that with the six Federal Rate cuts, the United States economy could avoid recession.
Then came September 11th an attack that shook the nation. Never had an attack been made on United States mainland soil. Two United and two American Airline airplanes were hijacked by terrorists and flown into strategic targets in America. There were at least four to five hijackers on each plane. They were armed with knives, and having at least one person among them capable of piloting the plane. The hijackers took over the planes, ousted the pilots, and directed the planes on suicide missions. Two planes crashed into the World Trade Center's Twin Towers in New York City, another into the Pentagon in Washington DC and a fourth in Pennsylvania. The result of the attack, the Twin Towers collapsed, part of the Pentagon was crushed, and thousands of people died. The attack was part of a jihad, or holy war by the Muslims in the Middle East against America. They resent us for our freedom and for our occupation of the Middle East. Americans responded with true American spirit and patriotism by volunteering and donating goods.
Despite the shock, long-term devastation, and disruption of public infrastructure and commercial activities in the world's financial center, the U.S. financial system largely remained open throughout the day and thereafter. Banks and other financial intermediaries stayed open. Key wholesale and retail payment system remained operational, like other financial activities, except that telecommunication disruptions had a temporary effect. Even firms in the World Trade Center were able to resume business from other offices or from contingency sites within hours of the attack. The response of the financial industry and the speed with which it resumed business was extraordinary and can be attributed only to its long-standing commitment to ensuring continuity of operations in the wake of physical or cyber disruptions.
The terrorist attacks of September 11th sent the United States economy spiraling into recession. “Many economists believe the economy has entered its first recession in more than 10 years”(Wash.
On September 11, 2001 terrorists crashed two American airline airplanes into Twin Towers, killing thousands of people. It was the worst terrorist attack in American history and it showed us that we are not protected by Atlantic and Pacific. It showed us that we could be attacked by anyone at anytime. It showed us that if we will be attacked again that we can only depend on each other and not on other nations to help us. The 9/11 changed people forever, some lost family members or friends, others lost their jobs even so called “American Dream.”
September 11, 2001 is known as the worst terrorist attack in United States history. On a clear Tuesday morning, there were four planes that were hijacked and flown into multiple buildings by a terrorist group named al Qaeda. This group, led by Osama bin Laden, killed nearly 3,000 people. Out of those 3,000 people more than 400 police and 343 firefighters were killed along with 10,000 people who were treated for severe injuries. Many lives were taken, and to this day, people still suffer from the attack. September 11th is the most influential event of the early twenty-first century because it made an increase in patriotism, it caused a rise in security throughout the nation, and it had a tremendous effect of thousands of lives.
Ancient Greece was rich in culture, as the country was separated into many polis (city-states). Among these cities, were the two most authoritative rivals—Athens and Sparta; having strived to attain power more than the rest, Athens and Sparta earned the most recognition. While both cities were two of the most powerful in Ancient Greece, the attainment of this power was approached in contradicting ways, as their values and lifestyle greatly differed. Athens and Sparta’s contrasting visions for their citizens framed their culture, which became the sole deciding factor in the kinds of laws that were implemented and enforced to form divergent systems including government, social class and gender roles.
Shirley Temple was a world renowned actress at a very young age. She was in many films and was adored worldwide. She was popular when the Great Depression was in play. Everyone knew her as a little dancing girl with curly red hair, and still that’s how she is remembered today. Shirley Temple was a very famous child star during the 1930’s and her legacy still lives today.
Sparta and Athens were two of the greatest societies in ancient Greece, having a commanding amount of influence on Greece as a whole as well as history. Both civilizations held up well in war and had successful societies. I will discuss these two great nations and how they differed on training techniques, social structure, their military preference and how each civilization met its end.
The culture and society of Sparta was looked down upon by the neighboring Greek city-states for its untraditional customs and laws. But by not copying other city-states, Lycurgus’ decision on an opposite course “made his country outstandingly fortunate.” Sparta was one of the few Greek states where women received formal and physical education. The women of Sparta were treated much differently than other Greek women, but this only played into why Spartan women had much more freedom compared to the others.
During the archaic and classical periods (ca 800-323 BCE), Ancient Greece consisted of several hundred poleis or “city states.” Each polis was its own small country. Many of these were no more than small towns or even Villages which controlled sometimes very small territories. At the opposite end of this spectrum were the two largest, most powerful and ultimately most influential Greek city states, Athens and Sparta. Politically, they were opposites of each other.
Comparing Athens and Sparta: How two City-States were alike and the same, while carrying the title of Greek.
Around the time of 500 BCE, Athens and Sparta were two major city-states in Greece. These two cities have many differences and many things in common. That is what I will be discussing in this essay. I will focus on a couple of main points during this essay to compare and contrast. Examples of these points are their political differences, the social differences between the two, the economic differences, and I will also share two modern states that I believe reflect mirroring examples of Sparta and Athens in 500 BCE, and provide evidence on why I believe this based on the points I made above.
“In this way the ego detaches itself from the external world. It is more correct to say: Originally the ego includes everything, later it detaches from itself the external world. The ego-feeling we are aware of now is thus only a shrunken vestige of a far more extensive feeling - a feeling which embraced the universe and expressed an inseparable connection of the ego with the external world.” (Freud pg.4) Freud in this comment explains what goes through one’s self to feel oceanic through religion.
The Greek city states of Athens and Sparta pioneered two uniquely different systems for administering the everyday lives of their citizenry. In many ways each was uniquely shaped by the cultural nuances and specific challenges they faced. For Sparta the key concern was a system that most efficiently protected them from the perceived threat of a massive slave population that outnumbered the Spartans as greatly as seven to one at some point. For the Athenians it was the need to balance the demands of the general citizen population versus the interests of the Aristocratic elite.
There are many differences between Athens and Sparta, two of the most important city-states, or poleis, of Ancient Greece. In particular, Athens is located in the greek mainland while Sparta is located in the peloponnese. This essay will address the similarities and differences between Athens and Sparta in the 5th century BCE in the areas of Government, Woman’s life, Architecture and education.
Athens and Sparta were to very different city-states that existed simultaneously in ancient Greece. This paper will compare their political systems; contrasting how eligible citizens of each obtained the right to participate in public life and make decisions affecting the community. It will also explore who held public office, what rules governed their selection, how the two were similar in governmental structure and how they differed.
Sigmund Freud is a renowned neurologist that studied through the lens of psychopathology. He is famous for generalizing the psycho-sexual theories that involve sexual impulses, repression, and more, but his contribution is far more than disfiguring family figure to the worship and dependency of male’s genital. Civilization and Its Discontents is one of his widely read book that attempted to explore the clash between the desire for individuality and the society’s expectations of conformity. The first chapter serves more as an add-on for his previous book The Future of an Illusion. The Future of an Illusion depicted religion as a social agent that creates the sense of community around a shared set of beliefs, this chapter he elaborated the feeling of ‘oceanic’, a psychological need to be religious, which he had yet to experience and excluded in the previous book. This is extremely intriguing for me, I do believe that religion generates a sense of community and unity while also providing
Ancient Greece was home to two of the most influential cities of its time, Athens and Sparta. Athens was known for its thinkers, art, and architecture while Sparta was the “warrior’s society”. While both cities ended tragically, they were successful for an extended period of time. This could be attributed to their forms of government. In Athens, the power was in the hands of the people in what is now known as a democracy. Sparta went the way of militarism, pursuing military policy. Another difference was the way they treated their women. Given different forms of government, Athens and Sparta were successful in their time.