The Heritage of World Civilizations, Volume 1 Brief Edition 5th Edition by Albert M. CraigISBN 9780205835485The global financial crisis that commenced in 2008 haspainfully sparked for this generation a new sense of theconnectedness of international economic events and financialforces. The banking crisis in the United States, the burgeoningChinese economy, the debt upheaval within the EuropeanUnion, the rise and fall of commodity prices, and theentanglement of the flows of capital from one part of the developedworld to another have painfully demonstrated howevents and decisions in one nation or upon one continentcan impact millions of people living far from the centers ofthose decisions. The economic crisis has followed fast upona decade during which the military forces of the UnitedStates and Europe have invaded nations of the Middle Eastin response to terrorist attacks. Environmental crises,whether in the form of oceanic oil spills or volcanic eruption,can interfere with trade, commerce, and tourism, as canchanges in the price and availability of oil on which theUnited States, Europe, Japan, China, and India?to mentiononly the largest industrial economies?are dependentfrom sources outside their borders and regions.
The Heritage of World Civilizations, Volume 1 Brief Edition 5th Edition by Albert M. Craig
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