Rural Electrification Act

South Africa’s economy is largely based on mineral extraction and processing. This by its very nature is energy intensive. Until January 2008, when for the first time load shedding was implemented as demand outweighed supply, consumers had seen energy as finite. Historically low fuel and electricity costs had dis-incentivized the need to conserve energy (Government Gazette, 2009). South Africa’s challenges as a developing country is how to reconcile its inherent socio-economic issues with an economy

1880-1928 The Gilded Age in America ranges from 1880 to 1928 and can be understood simply by acknowledging that the wealthy dominated the poor in all aspects of life. American history during the Gilded Age can be further examined particularly in two ways, socially and economically. Establishing the understanding and connection between protection of the people, the type of government being practiced, and the concept of efficiency will allow for an educated assessment of this time and will highlight

This progressive act officially set up a national minimum wage, set up a forty hour work week, guaranteed 'time-and-a-half' for overtime, and prohibited oppressive child labor (Friedrich). These acts dramatically improved labor conditions. A clear improvement in labor could be seen from before to after the New Deal labor reform. Americans, during the 1930s

The Dust Bowl and the Great Depression were catastrophic events that occurred in the mid-1930s and affected the Great Plains. One place in particular that suffered was the Oklahoma panhandle. The dust storms were so bad that farmers could not make a living, and the land was almost un-inhabitable. This drove many families to leave the panhandle and flee to places like California. Margaret Larason is a woman who was born in the pan handle before the Dust Bowl and Great Depression, and she even lived

Following WW I in the 1920’s, there was a decade of an economical explosion. The post-war era brought about many changes. Businesses showed great profits, migration to big cities of industrial companies occurred with the hopes of making a better life, people were given the opportunity to purchase things on credit, while others borrowed money making poor decisions buying high priced stocks with the intention of selling stocks for a profits to repay lenders. When Black Tuesday occurred on October 29

The most known and centerpiece for the Second New Deal is the Social Security Act of 1935. It was characterized at the time as welfare. However, it was established to help old age people with pensions that were paid for by taxes withheld from paychecks during the years they worked. This act represented a change from traditional government. There is another time in history that the role of government had to intervene to help the poor

The Market Crash of 1929 Wall Street Crash, stock market crash in the United States in 1929. In 1927, after having focused on investing abroad and with the US economy growing stronger, the financiers based in New York's Wall Streetturned their attention to their home market. As they bought into the stock market, so the prices of securities rose. As they bought more and more, prices went higher and

The New Deal was significant because of the way its agencies and policies had a fundamental impact on both contemporary society and governance. It was the most significant with regards to the impacts it had on both past and current societal welfare and economics. The New Deal’s significance will be assessed in three ways. Firstly, its significance will be measured based on its far-reaching impact, and to what extent that impacted the American economy and society, particularly regarding the unemployed

Employment generation through construction of rural roads, and ground water and minor irrigation to support food security received much higher priority compared to need to enhance logistics to support industrial growth and improving overall economic efficiency. In five year plans a major goal was to connect all villages (with population of more than 1,500 inhabitants) with rural road network; however, this was done through “minimum needs program” supporting

Roosevelt's New Deal On July 2, 1932, at the Democratic National Convention, the crowd listened intently to the phrase,” I pledge you, I pledge myself to a new deal for the American people.” The New Deal name was soon applied to the program of reform and recovery instituted by Franklin Delano Roosevelt. During the early part of the Great Depression, the economy had ground to a halt as a result of the stock market crashing and the unemployment rates skyrocketed as businesses shut down. Only a very