The start!

Hello, to all our followers. We are Ana Catarina Cesário, Ana Rita Batalha and Beatriz Ramalho and we will write this blog about the matters topics disamed in English class, but giving it an economic taste.

We will start by writing a review of the film "Elizabeth, The Golden Age" and the economic sphere of the 16th century.

We hope you enjoy it.

Friday, October 21, 2011

US influence on the economy worlwide

  By the time of the WWII, the US had turned into a superpower economy. Not only had it endured two world wars and a global depression in the first half of the 20th century, but it had surmounted challenges ranging from a 40-year Cold War with the Soviet Union to extended bouts of sharp inflation, high unemployment, and enormous government budget deficits in the second half of the century. By the time US started rising it had two other contenders: French and German. The US finally enjoyed a period of economic calm in the 1990s: prices were stable, unemployment dropped to its lowest level in almost 30 years, the government posted a budget surplus, and the stock market experienced an unprecedented boom.
  As a result, the English language has been increasingly widespread. Thus it is known for its influence worldwide, the fluent knowledge of this language is an open doors, especially economically speaking.
  With that, the United States have overcome their former British colony when it comes to exportation, obtaining a higher economic development after World War II.
Concluding, the widespread of English were caused by the rise of the US economy after World War II.






                                               

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