Background For most of human history, marijuana has been completely legal. Its known uses go back further than 7, B. The marijuana hemp plant, of course, has an incredible number of uses. The earliest known woven fabric was apparently of hemp, and over the centuries the plant was used for food, incense, cloth, rope, and much more.
Aftermath of World War II Among the causes can be mentioned the rapid normalization of political relations between former Axis powers and the western Allies. After the war, the major powers were determined not to repeat the mistakes of the Great Depressionsome of which were ascribed to post—World War I policy errors.
The Marshall Plan for the rebuilding of Europe is most credited for reconciliation, though the immediate post-war situations was more complicated.
Institutional arrangements[ edit ] Institutional economists point to the international institutions established in the post-war period.
Structurally, the victorious Allies established the United Nations and the Bretton Woods monetary systeminternational institutions designed to promote stability. This was achieved through a number of policies, including promoting free tradeinstituting the Marshall Planand the use of Keynesian economics.
US Council of Economic Advisers[ edit ] In the United States, the Employment Act of set the goals of achieving full employment, full production, and stable prices.
It also created the Council of Economic Advisers to provide objective economic analysis and advice on the development and implementation of a wide range of domestic and international economic policy issues.
In its first 7 years the CEA made five technical advances in policy making: Japan and West Germany caught up to and exceeded the GDP of the United Kingdom during these years, even as the UK itself was experiencing the greatest absolute prosperity in its history.
In France, this period is often looked back to with nostalgia as the Trente Glorieusesor "Glorious Thirty", while the economies of West Germany and Austria were characterized by Wirtschaftswunder economic miracleand in Italy it is called Miracolo economico economic miracle.
Most developing countries also did well in this period. Belgian economic miracle Belgium experienced a brief but very rapid economic recovery in the aftermath of World War II. Economic growth in the period was accompanied by low inflation and sharp increases in real living standards.
This contributed to the start of deindustrialisation in Wallonia and the emergence of regional economic disparities. The economic growth occurred mainly due to productivity gains and to an increase in the number of working hours. Indeed, the working population grew very slowly, the " baby boom " being offset by the extension of the time dedicated to study.
Productivity gains came from catching up with the United States. Among the "major" nations, only Japan had faster growth in this era than France. The service sector grew rapidly and became the largest sector, generating a large foreign-trade surplus, chiefly from the earnings from tourism.
Italian economic miracle The Italian economy experienced very variable growth. In the s and early s the Italian economy boomedwith record high growth-rates, including 6. This rapid and sustained growth was due to the ambitions of several[ quantify ] Italian businesspeople, the opening of new industries helped by the discovery of hydrocarbons, made for iron and steel, in the Po valleyre-construction and the modernisation of most Italian cities, such as Milan, Rome and Turin, and the aid given to the country after World War II notably through the Marshall Plan.
Japanese economic miracle A transistor radio made by Sanyo in Japan emerged as a significant power in many economic spheres, including steel working, car manufacturing and the manufacturing of electronics.Get Full Text in PDF. Table of Contents.
Introduction; Tools and Measures; Measures of National Income; Need for New Theory; Measures and Indicators; Characteristics of a Successful Indicator.
War created prosperity for the North- boom in industrialization and the railroad allowed for the growth of individual wealth and creation of corporations Devastation for the south- devastated land, property etc, decline in plantation system led decentralization of land ownership.
You start to see the obvious problem there, i.e., that half of the adults without college degrees lifted out of poverty by federal welfare programs (oddly specific demographic choice — why. BibMe Free Bibliography & Citation Maker - MLA, APA, Chicago, Harvard.
Sep 07, · Many of the war on poverty's programs — like Medicaid, Medicare, food stamps, Head Start, Job Corps, VISTA and Title I — are still in place today. This account only scratches the surface of the story.
If you want to know more about the history of marijuana, Harry Anslinger, and the saga of criminalization in the United States and elsewhere, visit some of the excellent links below.