The Empire Of Good Intentions Movie Review Example | Topics and Well Written Essays - 1000 words

The Empire Of Good Intentions - Movie Review Example Schama succeeds in showing that the anti-colonial insurgency was rampant in India, and the Indians resisted the British reforms, which portrayed a lack of religious sensitivity. Through the illustrative presentation of the readings by the actors, the viewers of the documentary realize that Britain was about to lose control of India as indicated in the mutiny unless it devised a new method of governance. Hence, the British quest to realign its structures of governing the colonies portrays that the colonizer’s self-interest to control every aspect of the colony’s life. Although famine is a natural calamity, the documentary helps the viewers and historians to recognize that the 1845 potato drought, which led to migration from Ireland to the United States, reflected the inability of the natives to survive the calamity due to the weakened economy attributed to the British domination and incompatible policies. The central subject of the British imperialism through the promise of civilization in Ireland and India is well covered and presented in the documentary. Notably, the British used the principles of liberalism and economic to impose the imperial policies that were not compatible with those of the colonies. The efforts to restore the preserve the Britain imperial system in India after the 1857-8 Mutiny is enough evidence that the British had a selfish interest as opposed to economic liberalism in the host nations. Fundamentally, the British imperialism disrupted the lifestyles of the colonies.

Answer the Economic Qustions Essay Example | Topics and Well Written Essays - 2000 words

Answer the Economic Qustions - Essay Example Organisation of Oil Producing and Exporting Countries which has twelve members in total namely Saudi Arabia, Iraq, Iran, Kuwait, Qatar, United Arab Emirates, Venezuela, Ecuador, Libya, Nigeria, Angola and Algeria. It should be pointed out that OPEC countries are among the major oil producing and supplying nations, which enjoy almost over 65 per cent of world’s proven oil reserves, nearly of 40% total production and around 55 per cent in world’s oil exports (Breitenfellner et al, 2009). OPEC, having secretariat in Vienna, is referred to a cartel because of this members mutually decide about changes in their oil production and supply to nations worldwide. In addition, they opt to constrict supply to escalate international oil prices and thus reap additional profits on exports of crude oil. On the other hand, OPEC members, especially Saudi Arabia, have also increased supply in past (1992 Gulf war) to control shortages. Oil demand has very low price elasticity or in other words, the inelastic demand because oil is used for energy generation, industries, transportation and cooking. Indeed, the oil supply also has very low price elasticity because it is difficult to extract, produce and refine as heavy plant machinery and investment is needed to accomplish these objectives. There were, indeed, many factors that led to first peak oil (crises in 2008) and finally in steep reduction in world oil prices. The first major reason was the fact that demand increased heavily due to growth in International trade after elimination of trade barriers and decrease in custom tariffs and duties. This not only led to growth and expansion in advance economies but also in developing nation of Asia, Middle East, Eastern and Central Europe, especially China, India, Pakistan, Malaysia, Indonesia, Saudi Arabia, Turkey, Thailand, Hungary and others etc. The world oil demand skyrocketed and touched 85 million barrel mark in 2 007 – 2008. Oil then became expensive because buyers were ready