Milton Friedman was an American economist who won the Nobel Memorial Prize in Economic Sciences in 1976 for his research on consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy. Aside from this achievement, his significant contributions brought forth economic theories and models that challenged existing models and […]
Tag Archives: History
The Roles of Women During the American Revolution
The American Revolution did not only result in the independence of the Thirteen Colonies from Great Britain and the establishment of the United States. The momentous sociopolitical upheaval that transpired between 1765 and 1783 became a platform for American women to actively participate in social, political, and economic affairs of the Thirteen Colonies, thus making […]
Simplified: Causes of the American Revolution
The American Revolution that spanned from 1765 to 1783 was a sociopolitical movement and upheaval characterized by a manifested attempt of American colonials from the Thirteen Colonies to challenge the authority of the British Empire. Aside from civic actions, public demonstrations, and economic maneuvering, the revolution included the American Revolutionary War that lasted from 1775 […]
Difference Between Colonialism and Imperialism
The terms “colonialism” and “imperialism” have been used interchangeably outside academic discourse. However, scholars have maintained that these two should be used separately because they have their own distinctive definitions. Colonialism vs. Imperialism: The Difference The word “colonialism” comes from the English word “colony,” which in turn, comes from “colonus,” the Latin word for farmer. […]
