only suffered a currency crisis, but also suffered a political crisis. Fallout from the economic collapse was so severe the Argentinean population resorted to civil unrest and protest, which in turn exacerbated Argentina’s problems at the turn of the century. While other issues related to this financial crisis such as the impact on the lives of the Argentinean population or the political turmoil and corruption are certainly worthy of discussion, this paper will focus on the currency crisis and the
whether she is one of the most successful Prime Ministers to date. During the Winter of Discontent in 1979, Britain had high inflation rate, an income tax rate of 83% and more people were becoming unemployed. There were controls of price, dividend, currency and wage. The government accounted for about 30% of the work force. The state controlled most major industries such as British Aerospace, British Airways, British Telecom, British Steel, British Leyland, the British National Oil Corporation, Associated
I woke up that Sunday morning at 6:30 a.m. I was just too excited. My flight did not leave until the middle of the afternoon. I had not been out of the country for twelve years, so I was eager to get the first stamp in my new passport. I had always loved learning about Spanish culture since high school and especially enjoyed my Culture and Civilization of Spain class I took at Towson. As the trip approached, I started having fears that I was loving Spain too much before I even went and was afraid