1968 in U.S. History Essay Example | Topics and Well Written Essays - 1000 words

1968 in U.S. History - Essay Example The period is characterized by the entrenching of the U.S in an unpopular war in Vietnam, while violence, experimentation, unrest, and outspokenness spread throughout the nation. Leaders were assassinated on an outwardly regular basis, the Civil Rights Movement got more powers, and psychedelic music and social experimentation were rampant in most parts of the country. Many scholars view this year as shameful, divisive, or sometimes as a year that galvanized change in America. 1968 was an apex of the gradual upheaval of the 1960s. Tension that had been accumulating for the past years ultimately came to head, across a whole year of violence, revolution and grief. Dr. Martin Luther King Jr. and Robert Kennedy were assassinated; unrest was rampant in Democratic National Convention, as the media covered the Tet Offensive to expose the horrible account of the Vietnam War. The fighting in the Saigon streets during the Tet Offensive or New Year made the Vietnam too real. According to one UPI reporter, the Vietnam in this year meant a first look at death. Photographers scampered from building to building gathering photos on the fighting in the outcasts of Saigon. The North Vietnamese communist groups’ launch of the Tet Offensive in January and its success against South Vietnamese and U.S troops caused discontent and shock across the home front and marked the most intense times of anti-war disputes to date. Apart from being the most difficult and saddest year in America, 1968 was also a presidential election year. President Lyndon Johnson was on the forefront in promoting civil rights legislation but he had also greatly increased American possibility in involving in the Vietnam War. It was therefore not easy for him to leave the White House without protesters being involved; he no longer had majority support and thus announced that he would not contest for the presidency. Eugene McCarthy, a senator from Minnesota engaged in these elections and succeeded in the pri maries. Following his success, New York’s Senator Robert Kennedy decided to enter the campaign too. For a long time then, Kennedy had served in one of the highest legal offices in the nation as Attorney General in the administration of his late brother, John Kennedy. Upon his announcement to run for presidency, most citizens were very pleased with his massage, where he promised to end the Vietnam war, and to reduce racism and poverty both in America and in the whole world. Another serious event was noted in April fourth, the same year; Martin Luther King, America’s top civil rights leader was shot to death in Tennessee. He was helping to negotiate a strike between the management and sanitation employees. This made Kennedy to deliver a speech to black citizens, convincing them that what had happened was against the wishes of Americans, since they disliked hatred, lawlessness, and violence, but embraced wisdom, love, and justice. However, these words did not calm down th e black community. Their leader, Luther had peacefully led civil rights movement, yet his death cultivated violence in more than one hundred cities nationally. Soldiers were called upon to settle the riots, and hundreds of citizens lost their lives or were injured. As the primary elections went on, Robert Kennedy and Eugene McCarthy tried to show how their ideologies differed, but voters could not notice the differences. They both opposed the Vietnam War; sought enhancements in civil rights; and both promoted social reforms. Kennedy led in primaries in Nebraska and Indiana, while McCarthy led in Oregon. California had the next big primaries, and Kennedy stated that he would withdraw if he was defeated in this significant contest. He won the elections and

HOMEWORK Essay Example | Topics and Well Written Essays - 750 words - 1

HOMEWORK - Essay Example Q1 (II): considering that the ratio of trade is 1:1 and that north is more efficient in producing both left and right shoes as compared to the south, the north will consume 70 pairs of shoes. That is, the north would rather not trade. On the other hand, with no increase in the number of workers in the south, they can only consume one pair of shoes if they give up one-left shoes for one right shoe (Miles & Scott 15-72). Q1 (III): assuming that there still are 10 workers in the North, the new exchange rate will be (300:3000), (100:1000) = 1:10. Therefore, the North could decide to exchange 30 left shoes for 300 right shoes. In this case, the number of pairs of shoes consumed will be 300 (Miles & Scott 15-72). Q2: the Federal reserve governor meant that in the year 2005, the payment made by the U.S for importing services and other visible and invisible goods were more than those received; leading to a current account deficit. In the process, the value of US currency decreased making U.S products cheaper in the international market. A decreased U.S currency means an increase in the value of foreign currencies leading to low foreign prices, thus low interest rate in the long-run (Arize 35-67). Q3: when the Government’s purchases increase during a war, consumption is concentrated on ammunitions. The country will heavily import the war machines than exports. This will lead to a deficit in trade account (a negative balance). To pay for the imported machines, more local currency will be supplied in the foreign exchange market than is demanded. Due to more supply than demand, the local currency will lose its value. The decreased value will be reflected in the exchange rate. Therefore, the real exchange rate will be lower. That is, the real price of the local currency against foreign currencies will be lower. The aforementioned effects would take place, whether a local or a