The EEC, sometimes referred to as the Common Market, survived until 2009 when it was absorbed into the European Union.
21st June 1919: The German High Seas naval fleet is scuttled at Scapa Flow
21st June 2019
Rockefeller held shares in numerous companies after the breakup of Standard Oil, and as their value increased his wealth was reported to have surpassed $1 billion.
The introduction of the Deutsch Mark sought to stabilise the German economy and curb widespread inflation and black-market activity in the aftermath of the Second World War, but caused concern in the Soviet Union which implemented its own currency reform in the eastern zone and soon after began the Berlin Blockade.
Not all the recommendations were implemented, but the subsequent Beeching Cuts resulted in the closure of 2,128 stations, thousands of miles of track, and the loss of up to 70,000 jobs.
Each worker was responsible for a specific task, and the car chassis moved along a conveyor belt to bring the work to the worker. This method minimized the time workers spent moving between tasks, thereby increasing productivity and reducing costs.
The economic bubble that is also referred to as the ‘dot-com boom’ was the result of investors speculatively pouring money into the numerous internet companies that were founded in the mid- to late-1990s.
The publication of “The Wealth of Nations” had a profound impact on economic thought and policy, laying the foundation for classical economics and providing justification for the rise of free-market capitalism.
After consultations with the Bank of England, the Treasury issued a statement announcing its intention to suspend the gold standard on Sunday 20 September, and parliament approved the Bill the next day.
Vladimir Lenin introduced the New Economic Policy at the 10th Communist Party Congress.
By the start of the 17th century merchants from the Dutch Republic had begun to undertake voyages to the ‘Spice Islands’ of the Indian Ocean.
HistoryPod Extra: The Myth of Gavrilo Princip’s Sandwich
28th June 2015
11th November 1918: WW1 Armistice of Compiègne is signed
11th November 2025
11th November 1918: WW1 Armistice of Compiègne is signed
11th November 2025
1st September 1939: Nazi Germany invades Poland
1st September 2018
9th November 1989: East Germany opens the Berlin Wall
9th November 2019