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What accounts for the economic differences between Western Europe and Eastern Europe?
One difference: Western Europe has a much more tried and tested education system that trains labor. This skilled labor provides the skills that are needed by today's global firms. Those in finance, consulting, etc. Those firms move in, hire the skilled labor, produce profits, pay very attractive wages, the money is spent in the economy. It can be used for domestic and import consumption. The money in vast sums circulates in the economy.
Number two: Western European countries use much more liquid and stable currencies. Many other countries put sterling and euros into their national treasuries, rendering these currencies less vulnerable to currency sell-offs/shocks. Investors are more relectant to invest in companies and government debt in countries with very unstable currencies, i.e. there is not much buying interest. These currencies can be very difficult to unload after selling off investments, as there are no willing buyers.
What else can I help you with?
Why did the Europeans economies grow faster from economic grow faster then eastern Europe in World War 2?
During World War II, Western European economies benefited from greater industrial capacity, access to resources, and the support of the Marshall Plan, which facilitated reconstruction and economic recovery after the war. In contrast, Eastern European economies were often under Soviet control, facing economic mismanagement, central planning inefficiencies, and limited access to Western markets. Additionally, the devastation of war and the imposition of communist regimes hindered growth in Eastern Europe. Consequently, the divergent political and economic systems led to faster recovery and growth in Western Europe compared to their Eastern counterparts.
Where was the stalemate of World War I?
On the western front, along France's eastern border (it was called the western front because it was on the west of Germany.
Who was involved with the Columbian Exchange?
The Eastern (Europe, Africa, and Asia) and Western (Americas) hemispheres.
Why Russia was distinct from western Europe?
The Soviet Union's relations with Western Europe following World War II were colored heavily by Soviet relations with Eastern Europe and by the Warsaw Pact forces arrayed in Europe against NATO forces.The Soviet Union's policy toward Western Europe had five basic goals: preventing rearmament and nuclearization of the Federal Republic of Germany (West Germany).
What separates the Eastern and Western side of the world?
Nothing at all. It's all verbiage and tradition.
What was the difference between the eastern and western empire?
The differences between the Eastern Empire and Western Empire is their languages and foods they eat. The Western Empire spoke Italian. A Eastern spoke Greek.
What the differences between western food and eastern food?
Western food is prepare pizza,burger,pasta
What are some differences between the western and the eastern part of the US?
One, is that the western part of the U.S. has larger amount of land than the eastern. The eastern part has a larger amount of water, lakes.
Why did geographical differences help to widen the split between eastern and western Virginia?
Geographical differences such as the Blue Ridge Mountains and the Shenandoah Valley created physical barriers that made communication and travel between eastern and western Virginia difficult, leading to cultural and economic disparities. The western region, with its rugged terrain and varied industries, developed distinct interests and perspectives from the more urbanized and plantation-based eastern Virginia. These differences in geography and economy contributed to a sense of separate identities and priorities, widening the split between the two regions.
What are the key differences between Eastern and Western Armenian dialects?
The key differences between Eastern and Western Armenian dialects lie in pronunciation, vocabulary, and grammar. Eastern Armenian is spoken in Armenia and has more Russian and Persian influences, while Western Armenian is spoken in the diaspora and has more Turkish and Arabic influences. Additionally, Eastern Armenian has a simpler grammar structure compared to Western Armenian.
What are some differences between Egypt and Florida?
One is in the eastern hemisphere and the other is in the western hemisphere.
Differences between eastern and western hemispheres?
The eastern hemisphere includes parts of Asia, Africa, Europe, and Australia, while the western hemisphere includes most of North and South America. Time zones, cultural differences, and economic conditions vary between the two hemispheres due to historical, geographical, and political factors. The demarcation between the two hemispheres is primarily based on the Prime Meridian and the 180th meridian.
The differences between eastern and western halves of the empire?
The Western half of the roman empire is a bla bla civilization The Eastern half of the roman empire is a bla ba dee bla civilization
What are the main differences between the Eastern (Orthodox) and Western (Catholic) churches?
The Eastern (Orthodox) and Western (Catholic) churches are the two main branches of Christianity. The Eastern Church is composed of national churches that are in communion with the Patriarch of Constantinople, while the Western Church is under the jurisdiction of the Pope in Rome. The two churches have different theological traditions and practices. The main differences between the Eastern (Orthodox) and Western (Catholic) churches are: -The Eastern Church uses the Byzantine Rite while the Western Church uses the Latin Rite. -The Eastern Church is organized into Patriarchates while the Western Church is organized into Dioceses. -The Eastern Church teaches that the Bishop of Rome is the first among equals while the Western Church teaches that the Bishop of Rome is the supreme Pontiff. -The Eastern Church is composed of national churches while the Western Church is composed of local churches 678217.
What are the common differences between a western toilet and an eastern toilet in terms of design and functionality?
Western toilets typically have a sitting design with a seat and a flushing mechanism, while eastern toilets often have a squatting design without a seat and may not have a flushing mechanism. Additionally, western toilets are usually raised off the ground, while eastern toilets are closer to the ground. These differences can impact comfort and hygiene for users.
Is California in the eastern or the western hemisphere?
in the northern and Western Hemisphere
Why was the Eastern Empire stronger than the Western Empire?
The Eastern Roman Empire was stronger than the Western Roman Empire due to factors such as better economic stability, a more defensible geographic location, and a stronger military presence.
