Abstract

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Abstract

In this research we try to discover the insight of the movie “Too Big to Fail 2” in a holistic perspective. The key heart of the study is on the movie “Too big to fail too” and its relation with “Wall mart Crisis”. The research also examines various characteristics of “Wall mart Crisis” and tries to measure its effect. Lastly the research illustrates a variety of factors which are responsible for “Wall mart Crisis” and tries to describe the overall effect of it.

Table of Contents

Summary of the Movie1

The Impact of Great Depression on Society1

History of First Depression3

Causes of Great Depression4

Orthodox classical economic theories4

Structural theories4

Marxist theory5

Effect of Great Depression5

Arguments6

Conclusion7

Too Big to Fail

Summary of the Movie

Based on the bestselling novel of the same name, a journalist from the New York Times by Andrew Ross Sorkin, Drama television "Too big to fail" is aimed at identifying the causes that led to the great financial crisis on Wall Street since 2008, implicitly, the Economic crisis, which included both North America and Europe, and whose influence is felt in our country as well. The film explores the mechanisms that led to the bankruptcy of the banking giant Lehman Brothers, an attempt to answer the question whether a bankruptcy can be avoided if the government of North America, providing massive financial support from the Treasury and the Federal Reserve System, the Central Bank of the United States. While focusing on the actions of Henry Paulson, U. S. Treasury Secretary at the time, drama and raided offices of the most powerful and influential people on Wall Street and in Washington, DC. precum Richard Fuld (CEO of banking giant Lehman Brothers), Ben Bernanke (Chairman of the Federal Reserve System) Sao Jim Wilkinson (Treasury chief of staff), demonstrates the symbiotic relationship that exists between Wall Street.

The Impact of Great Depression on Society

If we make a comparison between the U.S. and the world in the early twentieth century, the image could not be more contradictory: Americans entered a phase of economic prosperity than ever before, which would end abruptly with the fall of the New York Stock Exchange (1929) and would last for some years until the New Deal economic recovery program launched by President Roosevelt.

Thus, the country emerging from World War and the crisis of 1929 appears to be the richest and most powerful of the globe, while consolidating its hegemony will end with World War II. the 1920 will involve a voluntary closure by the U.S. public and government; closure, on the other hand, does not contradict his speech on Latin America through loans and a policy of "good neighbor" to replace previous military interventions. Similarly, the Conference was held in Washington (1922) with the intention of stopping Japanese imperialism.

Economically, the U.S. had encouraged its production during the war and especially after her, driven by the savings of years of conflict, the need to replace equipment destroyed in the war and the increased consumption caused by years of hardship . But the ever increasing production reached its limit in ...
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