The war began with the invasion of the Ethiopian Empire also known as Abyssinia by the armed forces of the Kingdom of Italy Regno d'Italiawhich was launched from Italian Somaliland and Eritrea. Both Italy and Ethiopia were member nations, but the League did little when the former clearly violated Article X of the League's Covenant.
Because the involvement of commercial banks in securities underwriting was seen as having contributed to banking instability, the Glass-Steagall Act of forced the separation of commercial and investment banking.
It was argued that paying interest on demand deposits introduced unhealthy competition. Recent Responses to New Deal Banking Laws In a sense, contemporary debates on banking policy stem largely from the reforms of the post-Depression era.
Although several of the reforms introduced in the wake of the crisis have survived into the twenty-first century, almost all of them have been subject to intense scrutiny in the last two decades. For example, several court decisions, along with the Financial Services Modernization Act Gramm-Leach-Bliley ofhave blurred the previously strict separation between different financial service industries particularly, although not limited to commercial and investment banking.
Further Reading Bernanke, Ben S. University of Chicago Press, Columbia University Press, Cornell University Press, National Bureau of Economic Research, Models, Facts, and Bank Regulation.
The Evolution of a National Market. Journal of Money, Credit and Banking 4 Oxford University Press, Federal Deposit Insurance Corporation.
Federal Reserve Board, Monetary Policy and Financial Markets. A Monetary History of the United States, Princeton University Press, Harvard University Press, Evidence from the s.
Explaining Banking Stability during the Great Depression. Manias, Panics, and Crashes: A History of Financial Crises. Chelsea House Publishers, Essays on Instability and Finance.In this lesson, we explore the Crimean War of between Russia and the Ottoman Empire, France, and Great Britain.
It is often considered one of the more bungled military campaigns in. Kids learn about the causes of World War II including fascism, Adolf Hitler and the Nazi Party, the Treaty of Versailles, appeasement, the Great Depression, and Japanese expansion.
Wikimedia Commons has media related to Causes of World War II.
France, Germany and the Struggle for the War-making Natural Resources of the Rhineland Explains the long term conflict between Germany and France over the centuries, which was a contributing factor to the World Wars.
The main cause of World War II was the rise of the Nazi Party in Germany and its subsequent invasion of other countries. The causes can be linked back to World War I. The main effects of WWII include the Cold War, occupation of territories and the widespread destruction in Western Europe.
After. Russian Civil War, (–20), conflict in which the Red Army successfully defended the newly formed Bolshevik government led by Vladimir I.
Lenin against various . A short summary of History SparkNotes's World War II (–). This free synopsis covers all the crucial plot points of World War II (–).