Students may be asked to observe the map of Europe after the Congress of Vienna, 1815(p.6) and a map of modern-day Europe. They may write the changes they observe and discuss(The Rise of Nationalism in Europe)
Class 10
Sub - History
Chapter-The Rise of Nationalism in Europe
Answers
Changes
- Disintegration of the Ottoman Empire to various smaller independent states such as Romania, Bulgaria, Serbia etc.
- Merging of Belgium, Prussia and German Kingdom to form the state of Germany.
- Expansion of the area of Poland.
- Decreased area of the Austrian Empire with new formation of Hungary, Czech Republic etc.
- Disintegration of the Russian Empire to many countries including Lithuania, Belarus, Latvia, Russia etc.
- Unification of the various states and the Italian kingdom to form Italy.
Congress of Vienna
The Congress of Vienna of 1915 was hosted by Duke Metternich of Austria. Prussia, Russia, Britain and France were the main members of the Congress. It was conducted after the fall of Napoleon in Waterloo to bring back the conservative measures in Europe.
Napoleon had imposed various administrative and political changes in Europe which were highly opposed by the conservatives. Borders of various states were changed back to that of the old times with the bringing back of monarchy though the Russian Empire was not touched.
Answer:
If expected inflation in europe falls so that its interest rates also fall. We'd like to show here what is going to happen within the foreign exchange market for dollars. Ultimately this drop of the expected inflation in europe is going to lead to the decline in the interest rate like what was given to us. However, that drop in that interest rate is going to be smaller than that drop in expected inflation. I mean it's going to lead to a decline in the relative expected return on dollar assets and that's what's important to us here is that relative expected return is going to decline. So because of that, we're going to see this decline in demand for us dollars going to shift from denote to D. One, meaning that our equilibrium switches as well and we now have this lower exchange rate. You can see that that is dropped from our note to our one as well. So you can see as that exchange rate drops, we're going to experience a depreciation of the U. S. Dollar.