Tag Archive for: h2 history tuition

JC History Tuition Bishan Singapore - How did Singapore achieve rapid economic growth - JC History Essay Notes

How did Singapore achieve rapid economic growth?

/in , /by

Singapore: An Asian Tiger
Ever since Singapore achieved independence in August 1965, the government embarked on an ambitious goal of transforming the young nation into a bustling, modern country that has become the role model for others. From independence to 1997, Singapore has been recognised as one of the front runners in Southeast Asia. Today, Singapore is known for many things, including financial and tourism activities.

Topic of Study [For H2 History Students]:
Paper 2: Economic Development after Independence
Section B: Essay Writing
Theme II Chapter 1: Paths to Economic Development

1959 to 1965: Merger & Separation – Singapore’s path to independence
Before Singapore began its rapid economic transformation, the British colonial rule played a crucial role in providing the infrastructure and systems to commence this phenomenal change. In particular, the British capitalized in the strategic location of Singapore in the Southeast Asia to develop it for entrepôt trade.

Additionally, migrants from other parts of Asia began to set foot in the ‘Little Red Dot’, thereby providing labour for manufacturing and services. However, the devastation of the World War Two can be observed, such as the destruction of public infrastructure.

On 5 October 1960, Albert Winsemius was invited by the United Nations Development Programme team to review the country’s ability to carry out industrialisation. Winsemius concluded in the report that high-tech industrialiastion was indeed important, as well as the promotion of foreign investment. As such, the government developed the Jurong Industrial Estate, marking the first step towards industrialization.

1965 to 1985: An outward-oriented approach
Following the sudden declaration of Separation, Singapore had to contend with its own small market, which lacked natural resources that other neighbouring countries possessed. Furthermore, the British declared its intent to withdraw by 1971, which meant that Singapore would have lost a major source of employment and economic growth.

In contrast to other Southeast Asian economies, Singapore began its export-oriented industrialisation (EOI) strategies much earlier. The purpose of EOI was to address the above-mentioned challenges, such as the reliance on trade and foreign investment to propel growth. For example, policy incentives were introduced, like the Economic Expansion Incentives Act (1967) that lowered taxation for specific industries.

Additionally, the government tapped on its only available resource – labour – to enhance its international competitiveness. Vocational training institutes were established to equip its citizens with the skills and knowledge to support the multinational corporations (MNCs). On 1 April 1979, the Vocational and Industrial Training Board (VITB) was formed to facilitate the training of workers in the ‘commercial, industrial and service sectors’.

The government’s efforts had paid off, as seen by the rapid economic growth and falling unemployment rates. EOI and the attraction of foreign investment have led to the influx of foreign companies, which contributed to job creation and higher industrial output.

1985 to 1997: Adaptation to changing economic conditions
However, there were setbacks that limited the extent of Singapore’s economic success. Notably, the Crisis Decades in the 1970s, led to an economic recession in 1985. By opening up the nation to trade, it became vulnerable to external shocks.

Nevertheless, effective adaptation has ensured that the Singapore economy remained resilient in the face of such challenges. For example, Singapore focused on a productivity-driven growth through the’wage shock therapy‘ from 1979 to 1981. The 1985 recession prompted the government to reduce Central Provident Fund (CPF) contribution rates to keep cost of production low. This response was critical as it helped to maintain employment at low and stable levels.

Finally, economic restructuring was carried out, in response to the Strategic Economy Plan (1991) by the Economic Planning Committee. Its purpose was to maintain the country’s international competitiveness through economic diversification. Therefore, heavy investment was made to develop the financial and tourism sectors.

Concluding remarks
In summary, the Singapore government’s consistent policymaking and responses to economic challenges have played a major role in realising the aims set by the ‘founding fathers’ of the young nation. As of 2017, Singapore’s Gross Domestic Product (GDP) is estimated at US$329.91 billion, demonstrating their successful efforts.

What can we learn from this case study?
Consider the following questions to understand this country-specific case study:
– How far do you agree that the promotion of foreign investment was the most important factor in explaining the economic transformation of Singapore after independence? [to be discussed in class]

In view of the Singapore case study, it is imperative that you apply your knowledge to practice questions. Sign up for the JC History Tuition and learn how to organise your answers and provide well-analysed arguments to ace the GCE A Level History examinations.

The H2 and H1 History Tuition feature online discussion and writing practices to enhance your knowledge application skills. Get useful study notes and clarify your doubts on the subject with the tutor. You can also follow our Telegram Channel to get useful updates.

We have other JC tuition classes, such as JC Math Tuition and JC Chemistry Tuition. For Secondary Tuition, we provide Secondary English Tuition, Secondary Math tuition, Secondary Chemistry Tuition, Social Studies Tuition, Geography, History Tuition and Secondary Economics Tuition. For Primary Tuition, we have Primary English, Math and Science Tuition. Call 9658 5789 to find out more.

JC History Tuition Bishan Singapore - How did Malaysia develop its economy - JC History Essay Notes

How did Malaysia develop its economy?

/in , /by

About Malaysia’s economic development
The Malaysian economy underwent a stable transition from colonial rule to independence. It started out as an export economy that began to modernise via industrialization and agricultural reforms. The introduction of the New Economic Policy (NEP) in 1970 was a major turning point as the government took on an active role that led to successful economic development.

Topic of Study [For H2 History Students]:
Paper 2: Economic Development after Independence
Section B: Essay Writing
Theme II Chapter 1: Paths to Economic Development

1957 to 1969: [Alliance] Minimal government intervention
At the early stages of independence, Malaya had an export economy that focused on tin mining and rubber. Also, given its large geographical size, agricultural development was featured as well.

As such, the Malaysian government established the Federal Land Development Authority (FELDA) in July 1956 to facilitate the resettlement of the rural poor into newly-developed areas. Under the Land Development Act, FELDA contributed to the re-distribution of land to the Malay settlers.

Besides, the government introduced indirect forms of intervention, as seen by the Pioneer Industries Ordinance in 1958, which nurtured the growth of import-substituting industries. As a result, the manufacturing sector grew in the 1960s.

1970 to 1980: [Barisan Nasional] New Economic Policy
Although there were attempts at economic development in the 1950s and 1960s, the progress were arguably inadequate. Therefore, the New Economic Policy (NEP) [Dasar Ekonomi Baru] was introduced by the government to pursue poverty alleviation and socio-economic restructuring.

The government invested substantially on rural development in the 1970s and 1980s, as evidenced by the intensification of the FELDA schemes. In fact, nearly RM15.1 billion was spent on the the development of human and physical capital to improve the well-being of the population.

Furthermore, the Perbadanan Nasional Berhad (PNB) was formed in March 1978 to enhance economic equity. As part of the NEP, the PNB raised the share of ownership for the bumiputera (i.e. indigenous community). For example, the PNB acquired shares of major foreign-owned corporations, such as Sime Darby (1979).

Besides, the Free Trade Zone Act was passed in 1971 to facilitate export-oriented industrialization (EOI). The government aimed to create a conducive business environment to attract foreign investors.

1981 to 1997: National Development Policy
Under the guidance of Mahathir, the Malaysian government engaged in economic diversification to maintain international competitiveness.

In the industrial sector, there was a major transition towards heavy industrialization. In 1980, the Heavy Industries Corporation of Malaysia Berhad (HICOM). In 1990, the Diversified Resources Berhad (DRB) was established. The DRB-HICOM eventually became one of Malaysia’s top corporations that oversaw automotive manufacturing, assembly and distribution. The main purpose of this corporation is to undertake joint ventures with foreign companies, such as Volkswagen and Honda. In fact, the national car, ‘Proton‘, was developed in the process.

More importantly, the New Economic Policy (NEP) was concluded in 1990 and replaced by the National Development Policy (NDP). Mahathir envisioned a fully-industrialized Malaysia through the use of technology, as described by the Action Plan for Industrial Technology Development (1990). This could be traced back to the formation of the National Council for Scientific Research and Development in 1975. As such, the government invested heavily in Research and Development (R&D). For example, the budget for 7th Malaysia Plan (1996-2000) was at RM 3,049 million. Notably, the Multimedia Super Corridor was one of the foremost research projects to encourage the clustering of local and international firms that specialized in ICT (Information and communications technology).

Concluding remarks
In view of these three phases of economic development, it can be observed that there was a significant transformation that led to the attainment of economic growth. From the late 1980s to 1990s, the annual growth rate was estimated at 8.8%. Furthermore, there is a notable shift in focus from agriculture to heavy industrialization and even financial liberalization.

What can we learn from this case study?
Consider the following questions to understand this country-specific case study:
– How far do you agree that industrialization was the most important factor in explaining the economic transformation of Malayisa from independence to 2000? [to be discussed in class]

Now that you have understood the basic considerations of Malaysia’s economic development, we encourage you to attempt essay questions to review your knowledge comprehension. You can consider joining our JC History Tuition as we guide you through a step-by-step process to form well-organized essay structures and generate arguments to support your answers effectively.

The H2 and H1 History Tuition feature online discussion and writing practices to enhance your knowledge application skills. Get useful study notes and clarify your doubts on the subject with the tutor. You can also follow our Telegram Channel to get useful updates.

We have other JC tuition classes, such as JC Math Tuition and JC Chemistry Tuition. For Secondary Tuition, we provide Secondary English Tuition, Secondary Math tuition, Secondary Chemistry Tuition, Social Studies Tuition, Geography, History Tuition and Secondary Economics Tuition. For Primary Tuition, we have Primary English, Math and Science Tuition. Call 9658 5789 to find out more.

What is the role of the United Nations Secretariat

What is the role of the United Nations Secretariat?

/in , /by

Role of the UN Secretariat
The Secretariat is one of the six main organs of the United Nations and is headed by the UN Secretary-General [UNSG].

The UNSG is described as the ‘de facto’ head’ of the international organization and acts as the ‘chief administrative officer’ as stated in Article 97 of the UN Charter.

Additionally, as outlined in Article 99, the UNSG has the responsibility of ‘[bringing] to the attention of the Security Council any matter which in his opinion may threaten the maintenance of international peace and security’.

Topic of Study [For H1/H2 History Students]:
Paper 1: Safeguarding International Peace and Security 
Section B: Essay Writing
Theme III Chapter 2: Political Effectiveness of the UN in maintaining international peace and security

In the following part, we will examine the contributions of each UNSG during their respective terms in the period of 1945 to 2000.

1. [1946-1952] Trygve Lie
As the first official Secretary-General of the United Nations, he took the lead in managing various international issues, such as the Arab-Israeli conflict in 1948 and the Korean War in 1950. However, Lie was impeded by Cold War politics during the latter conflict.

Lie condemned the North Korean invasion and supported the US-led UN coalition that repelled the attacks. As such, Soviet Union perceived Lie as a pro-West, biased UNSG and blocked Lie’s reappointment. Eventually, Lie resigned from the UN.

2. [1953-1961] Dag Hammarskjöld
In contrast to Lie, Dag Hammarskjöld was looked up to by many as the role model for United Nations, given his outstanding contributions during his term.

First, Hammarskjöld’s negotiations with Chinese Premier Zhou Enlai had paid off as the latter agreed to release the American pilots, who were prisoners-of-war during the Korean War.

Second, Hammarskjöld oversaw the creation and deployment of the first-ever peacekeeping troops, known as the United Nations Emergency Forces [UNEF], that facilitated the withdrawal of foreign troops in Egypt during the Suez Canal Crisis of 1956.

Third, Hammarskjöld once again led the formation of the United Nations Operation in the Congo [ONUC] to deal with the Congo Crisis in 1960. He made sure that the ONUC comprised of ‘middle powers’ to circumvent great power politics that frequently caused political deadlock within the Security Council.

However, the UNSG died in a plane crash in 1961, causing the abrupt end to his illustrious career.

3. [1961-1966] U Thant
Following Hammarskjöld’s untimely death, U Thant was appointed to replace him. Although U Thant was recognised for his efforts in overseeing the management of Third World issues, given the growing membership in the 1960s [due to the decolonization of the Afro-Asian bloc], his achievements were marred by several failures.

After the Suez Canal Crisis, the UNEF I oversaw a ten-year transition period and was stationed in Egypt. Yet, U Thant quickly acceded to Egyptian president Nasser’s request to withdraw the UNEF I from Sinai, thus indirectly causing the start of the Six-Day War in 1967.

Furthermore, U Thant’s harsh criticisms towards American involvement in the Vietnam War proved detrimental to his role as the UNSG. In 1966, he put forward a three-stage proposal for conflict resolution. Yet, the US ignored and bypassed his efforts.

4. [1972-1981] Kurt Waldheim
The Austrian diplomat, Kurt Waldheim, played a significant administrative role during his term. Partially, his cautious approach to avoid being criticized or hindered by the Great Powers proved successful, as evidenced by his reappointment for the second term.

For example, Waldheim was successful in responding to the apartheid regime [institutionalized racial segregation] in South Africa and Namibia. His open statements towards the inhumane regime galvanized the General Assembly into action, as seen by the adoption of the Convention on the Suppression and Punishment of the Crime of Apartheid.

However, Waldheim proved to be unsuccessful in managing conflicts that involved Great Powers directly, especially the superpowers. For instance, Waldheim was hindered by Soviet Union during the Soviet-Afghan War in 1979.

5. [1982-1991] Javier Pérez de Cuéllar
The Peruvian diplomat, Javier Pérez de Cuéllar, was recognised for his successful efforts, partly due to the changing international climate. In the 1980s, the Cold War continued to be a hindrance as observed by the lack of progress during the 1980 Iran-Iraq War. Likewise, the US-backed proxy conflicts in Central America, such as Nicaragua, were problematic as US constantly relied on the use or threat of veto to block de Cuéllar’s diplomatic efforts.

Fortunately, in the late 1980s and early 1990s, the end of the Cold War proved fortuitous for him as the superpowers became more supportive of UN efforts.

For example, the UNSG was now able to set up the United Nations Good Offices Mission in Afghanistan and Pakistan [UNGOMAP] to facilitate the withdrawal of Soviet forces in Afghanistan. Clearly, this was a stark contrast as compared to his predecessor’s time.

6. [1992-1996] Boutros Boutros-Ghali
In the post-Cold War period, Boutros-Ghali contributed to several noteworthy successes. During the Vietnamese invasion of Cambodia [1978-1993], he oversaw the deployment of the United Nations Transitional Authority in Cambodia [UNTAC] to facilitate a smooth political transition, such as the monitoring of elections.

However, Boutros-Ghali also encountered failures, such as the Somali Civil War [1992] and Rwandan Genocide [1993]. For example, unfavourable local conditions led to the departure of UN forces in Somalia, resulting in the failed attempts to provide humanitarian assistance to the civilians.

7. [1997-2006] Kofi Annan
Kofi Annan explored other roles besides the monitoring of peacekeeping missions, as observed by his pursuit of structural changes within the United Nations.

For example, Annan engaged in UN reforms to overcome structural issues through the ‘Responsibility to Protect’ [R2P] framework. Also, he advocated the pursuit of the Millennium Development Goals, which covered objectives like the proliferation of education, gender equality and poverty reduction.

What can we learn from this case study?
Consider the following questions to understand the case study:
– How far do you agree that Cold War rivalry was the greatest obstacle in affecting the effectiveness of the UN Security Council? [to be discussed in class]

Apart from analyzing various case studies in this broad and vast theme on the United Nations, you can also join our JC History Tuition to assess your knowledge application skills. We teach students to think critically and write persuasively. Furthermore, we use different teaching approaches to engage students as they learn to grasp concepts effectively.

The H2 and H1 History Tuition feature online discussion and writing practices to enhance your knowledge application skills. Get useful study notes and clarify your doubts on the subject with the tutor. You can also follow our Telegram Channel to get useful updates.

We have other JC tuition classes, such as JC Math Tuition and JC Chemistry Tuition. For Secondary Tuition, we provide Secondary English Tuition, Secondary Math tuition, Secondary Chemistry Tuition, Social Studies Tuition, Geography, History Tuition and Secondary Economics Tuition. For Primary Tuition, we have Primary English, Math and Science Tuition. Call 9658 5789 to find out more.

JC History Tuition Notes Bukit Timah Bishan Bedok Singapore - What caused the 1948 Arab Israeli War - United Nations

What caused the 1948 Arab-Israeli war?

/in , /by

What is the Arab-Israeli conflict?

On 14 May 1948, Israel’s first prime minister, David Ben-Gurion, declared the independence of Israel, which then led to the outbreak of war. Following the termination of the British Mandate, armies belonging to five Arab nations (Jordan, Iraq, Lebanon, Syria and Egypt) formed a military coalition and invaded Israel. Eventually, Israel achieved victory against the Arab forces.

From the Israel’s perspective, the conflict was known as the ‘War of Independence’. In contrast, the displaced Palestinians described the incident as the ‘Nakba‘, also known as ‘Catastrophe’, given the expulsion of more than 50% of the Palestinian Arabs from their homes.

Topic of Study [For H2 History Students]: 
Paper 1: Safeguarding International Peace and Security 
Section B: Essay Writing
Theme III Chapter 2: Political Effectiveness of the UN in maintaining international peace and security 

In the following section, we will examine what are the factors that could have led to the start of this conflict as well as the involvement of the newly-formed United Nations. We will be discussing this topic from the four key roles: United Kingdom, Israel, Arab nations and the United Nations

1. [United Kingdom] Balfour Declaration: Seeds of Disaster
The first contributing factor relates to the United Kingdom’s proposed plans for the British Jewish community in creating a ‘home’ in Palestine. On 2 Nov 1917, British Foreign Secretary Arthur Balfour signed the Balfour Declaration, which stated that:

His Majesty’s government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.

In short, the Balfour Declaration meant that the Jews were given the promise that a ‘national home’ would be established in the Palestine area, while ensuring the rights of the affected people were protected.

Following the end of World War I, the League of Nations oversaw the creation of Mandatory Palestine, in which the British was granted the right of rule.

However, the British support for the creation of a Jewish home had set the grounds for conflict, as seen by the series of Arab attacks in 1920, 1929 and 1936.

2. [Israel] Zionism: A National Movement
The second consideration for the outbreak of the Arab-Israeli War in 1948 can be traced to the 19th century, in which the founder of the Modern Zionist movement, Theodor Herzl, shared his vision of an independent Jewish state in the 20th century.

Zionism then became the leading national movement that guided the Jewish people to establish a ‘national home’ in Palestine, which they described as the biblical ‘Land of Israel’. As such, the Jewish community pursued the aim of ’emancipation and self-determination’, which were building blocks of statehood.

However, this zealous movement was met with resistance by the Arab nations. In response to the creation of an independent Israel, the five (above-mentioned) Arab countries were guided by their shared religious belief and waged a war.

3. [Arab Nations] Arab Nationalism: A United Front
The third factor involves Arab nationalism, which emerged due to the shared cultural-religions and historical background. The Arab nations held a common perception that the Western powers were more inclined to support Israel, as evidenced by the Balfour Declaration of 1917.

As such, the declaration of Israel’s independence in 1948 served as a pretext for the Arab coalition to fight against a ‘common enemy’ and challenge the Western powers.

4. [United Nations] Partition Plan: Resolution Attempts
Before the 1948 Arab-Israeli conflict began, the United Nations put forward a proposal, known as the Partition Plan for Palestine on 29 Nov 1947. The United Nations General Assembly passed Resolution 181 (II), which was an urgent attempt to resolve the conflict between Zionism and Palestinian nationalism.

The Plan involved the territorial division of Palestine into three areas, namely a Jewish state, Arab state and the ‘City of Jerusalem’ (corpus separatum). Given the shared religious significance of Jerusalem for both the Jewish and Arab people, the third area was to be ‘under a special international regime and shall be administered by the United Nations’.

However, the Partition Plan was rejected by the Arab governments as they claimed the arrangement violated the principles of ‘self-determination’, which was enshrined in the UN Charter. Subsequently, a civil war broke out between the Jews and Arabs in Palestine, lasting approximately five months until Ben-Gurion declared Israel’s independence in 1948.

What was the outcome?
After the 1948 Arab-Israeli War, Israel repelled the Arab coalition forces successfully and occupied about 60% of the area that was supposedly allocated to Palestine Arabs as stated in the UN Partition Plan. Also, the conflict led to the massive exodus of Palestinian Arabs from the area that was subsequently recognized as ‘Israel’. From then on, the Arab-Israeli relations were strained, as the following decades saw the outbreak of similar conflicts, such as the Suez Canal crisis and the Six-Day War.

What can we learn from this case study?
Consider the following questions to understand the incident better:
– Were political arrangements, such as the Partition Plan, doomed to fail?  
– How did the 1948 Arab-Israeli conflict affect the political effectiveness of the United Nations in the latter’s conduct of peacekeeping missions till 1991? [to be discussed in class]

The H2 and H1 History Tuition feature online discussion and writing practices to enhance your knowledge application skills. Get useful study notes and clarify your doubts on the subject with the tutor. You can also follow our Telegram Channel to get useful updates.

We have other JC tuition classes, such as JC Math Tuition and JC Chemistry Tuition. For Secondary Tuition, we provide Secondary English Tuition, Secondary Math tuition, Secondary Chemistry Tuition, Social Studies Tuition, Geography, History Tuition and Secondary Economics Tuition. For Primary Tuition, we have Primary English, Math and Science Tuition. Call 9658 5789 to find out more.

JC History Tuition Bishan Bedok Tampines Singapore - How to revise for A Level History

How to revise for A Level History?

/in , /by

How to study for A Level History? The study of A Level History requires carefully planning and execution to make significant progress in your preparation for the examinations. Apart from the identification of common errors, development of SBQ answering techniques and essay writing skills, it is imperative that you have organised your study materials and practice questions. Therefore, in this issue, we will focusing on various aspects of revision to guide you through this meaningful journey that leads you to the goal of attaining A at the A Level History examination.

Step 1. Arrange your materials Start your revision by arranging your learning materials that you have received. By organising your own notes, essays and SBQs, you are also de-cluttering your mind. This approach is important as it ensures that you are clear on where to source for the relevant information should the need arises.

One useful way is to separate your materials by Themes or Topics. For example, the Topic on Cold War, which features a three-part series [Emergence of Bipolarity, World divided by the Cold War and End of Bipolarity], can be organised as one individual set of materials. You can consider using a file divider or even a colored A4 paper as a make-shift divider.

Within each set of materials, make sure that you have separated them into the following: (i) Notes (ii) Questions [Essays/SBQs]. For Notes, you are encouraged to include a summary cover page to list down the areas of study (which will be elaborated later below). As for Questions, you can organise them into ‘Basic’ and ‘Challenging’ types.

Step 2. Plan your timetable Now that you have organised your learning materials, the second step involves the development of a personal timetable. A timetable is important as it helps you to set priorities on your daily tasks, be it academic, recreational or personal matters. As quoted by many, ‘Fail to plan, plan to fail’. Getting your priorities right will ensure that you stay committed and focused on the ultimate aim of acing the A Level History examinations.

To get started, you can use a physical or online daily planner to organise your time. For example, you can use an Excel Spreadsheet that display the monthly calendar. First, fill in the time-slots that you are certain of, like the classes at school. Second, include time-slots that you want to revise for History, as well as other subjects. Personally, I am of the opinion that one day’s worth of revision should not exceed two subjects. For instance, your revision in one full day can be as such: History from morning till mid-afternoon; General Paper from mid-afternoon till late evening.

Step 3. Take notes during revision In the context of A Level History, it is understandable that some students may dread the revision process as it requires thorough reading and comprehension of facts and figures. However, that is only partially true as students are not expected to regurgitate every single piece of information that they have access to. The third step involves the process of taking notes. This means that you take a given set of materials, then re-organise and summarise the essential parts that can be used for the examination questions.

There are many ways to take notes while reading the materials. One of the most common practices is writing out the points on a separate piece of paper. For some students, they have the preference of creating ‘mind-maps’ to form mental images of the information. Others may have the inclination to type the points out in soft copy and compile the pointers by topics or themes. Try out different approaches to determine your preference for note-taking.

Here are some useful pointers to guide you in your note-taking experience: – List down the key events that took place. Include a brief description of the incident with the following considerations, like ‘what happened’, ‘why did it happen’ and ‘how does it relate to the topic of study’ – Create a timeline to obtain a clearer picture of the events that occurred in relation to the topic of study [For example, set a timeline of what happened before the Cold War began]  – Leave out the intricate details in your personalised set of notes. Remember, you can always refer to your original copy of learning materials, like the additional readings or even online sources, if the need arises. Focus on the idea of preparing a condensed version of your notes  

Step 4. Attempt and review practice questions After the note-taking process has concluded, assess its applicability by answering essay or source-based case study questions. By attempting questions, you can find out whether the information listed in your condensed notes are of relevance to the examination. If it is your first time preparing a personalised set of notes, do not be discouraged if you have left out any information. Revisit the original set of study materials and add the relevant parts into your notes.

Typically, the original set of notes should contain the examples and supplementary information to back up a common argument to a historical perspective. However, the notes may lack elaboration that provides direction in the discussion of the examination questions. Therefore, you can consider using a ‘basic’ question to organise your materials more effectively. For example, in the Paper 1 topic of United Nations, set a generic question, like the ‘Factors affecting the political effectiveness of the United Nations in the Cold War period’ to arrange your notes. Clearly, it would make more sense to re-organise your content from separate Case Studies into specific factors, since examination questions tend to focuses on the reasons why the UN was successful in certain cases.

Bonus: Keep trying! Now that you have identified the basic methods to revise for A Level History, what matters most is that you incorporate these tips into your revision programme. Grasping historical concepts and mastering the ‘Art of Writing’ do not happen overnight. Persistence and consistent application are the key ingredients to realise your goal.

The H2 and H1 History Tuition feature online discussion and writing practices to enhance your knowledge application skills. Get useful study notes and clarify your doubts on the subject with the tutor. You can also follow our Telegram Channel to get useful updates. We have other JC tuition classes, such as JC Math Tuition and JC Chemistry Tuition. For Secondary Tuition, we provide Secondary English Tuition, Secondary Math tuition, Secondary Chemistry Tuition, Social Studies Tuition, Geography, History Tuition and Secondary Economics Tuition. For Primary Tuition, we have Primary English, Math and Science Tuition. Call 9658 5789 to find out more.
JC History Tuition Bishan Bedok Tampines Singapore - What caused the Golden Age of Capitalism - JC History SBQ Skills

What caused the Golden Age of Capitalism?

/in , /by

What is the Golden Age of Capitalism? The ‘Golden Age of Capitalism’ refers to a momentous period of economic growth that lasted from the end of World War Two in 1945 to the early 1970s. The economic recovery of Western Europe and East Asia had accelerated growth and expansion of the global economy. In this topic, we will find out what were the contributing factors that gave rise to this remarkable period of economic prosperity that improved the living standards of many countries.

Topic of Study [For H2 History Students]:  Paper 1: Understanding the Global Economy (1945-2000) Section B: Essay Writing Theme II Chapter 1: Reasons for growth of the global economy 

In the following section, we will cover some of the key reasons for the growth and development of the world economy.

1. Post-War Economic Reconstruction [After 1945]  Against the backdrop of a devastating war that left the affected countries in ruins, post-war economic reconstruction was of paramount importance to revive the industries. The emphasis on wartime production had affected the nature of industries [e.g. production of military supplies]. In particular, Western Europe and Japan were in poor shape due to the protracted military confrontations. As such, economic recovery was made possible through the provision of foreign aid, such as the United Nations Relief and Rehabilitation Administration (UNRRA) and the Marshall Plan.

With the substantial economic relief, these recipient countries revive their industries quickly. For example, Western European countries only required three years to restore pre-war production levels. By 1947, global industrial production was back to pre-war levels. As a result, the robust growth of developed countries contributed to higher consumption of goods and services. This development was then reinforced by the liberalisation of world trade.

2. Liberalisation of World Trade [General Agreement on Tariffs and Trade, 1947] During the Bretton Woods Conference of 1947, members of the United Nations (UN), including USA, deliberated on the creation of an international monetary system. This system was developed with the goal of ensuring financial stability at the global level. During the Conference, members planned to establish an International Trade Organisation (ITO) to set the rules and regulations for international trade. However, the plan failed to take shape. Nevertheless, a palatable alternative was formed, also known as the General Agreement on Tariffs and Trade (GATT).

Before the World Trade Organisation was formed in 1955, the GATT played the primary role of pushing for periodic bargaining, in terms of the removal of trade barriers between member nations. The reduction in tariffs, for example, enabled freer flow of resources and commodities, raising world output and propelling growth of the global economy.

3. Establishment of an International Financial System [Bretton Woods System, 1944] As mentioned earlier, the Bretton Woods Conference had the main aim of creating an international financial system to achieve financial stability. In the process, two financial international institutions were formed, namely the International Monetary Fund (IMF) and the World Bank.

Initially, the World Bank was named International Bank for Reconstruction and Development (IBRD). It was responsible for the provision of loans that supported post-war economic reconstruction, since the late 1940s. Subsequently, the World Bank aided developing countries in their goal of achieving economic and social progress.

As for the International Monetary Fund (IMF), its role was to provide financial support to member countries and correct temporary payment imbalances. Members could access the financial support only if they met the requirements set by the IMF Articles of Agreement, which stipulated conditions, like the need to disregard foreign exchange controls. As a result, the IMF contributed to the freer flow of currencies between countries, promoting growth.

The third notable feature of the Bretton Woods System was the gold exchange standard that facilitated foreign exchange convertibility. From 1944 (Year of the Bretton Woods Conference) to 1971, all foreign currencies were pegged to the U.S. Dollar (USD). The USD was pegged to gold, specifically 35 USD per ounce of gold. Consequently, this gold exchange standard gave rise to the creation of foreign exchange markets that led to exchange rate stability. Hence, stable currency values boosted market confidence and promoted greater trading and investment activities. As such, the Bretton Woods System contributed to the remarkable growth of the global economy.

What’s Next? In view of the above-mentioned factors, it may appear that the seemingly-sustained period of economic prosperity could last indefinitely. However, from the 1970s onwards, the expansion and growth of the global economy began to slow down. In the next issue, we will discuss the problems of the global economy, such as the twin oil shocks of the 1970s. To support your revision, consider these questions: – How did the United States contribute to the growth of the global economy? – Which was more important: The Bretton Woods system or the liberalisation of world trade [to be discussed in class]

The H2 and H1 History Tuition feature online discussion and writing practices to enhance your knowledge application skills. Get useful study notes and clarify your doubts on the subject with the tutor. You can also follow our Telegram Channel to get useful updates. We have other JC tuition classes, such as JC Math Tuition and JC Chemistry Tuition. For Secondary Tuition, we provide Secondary English Tuition, Secondary Math tuition, Secondary Chemistry Tuition, Social Studies Tuition, Geography, History Tuition and Secondary Economics Tuition. For Primary Tuition, we have Primary English, Math and Science Tuition. Call 9658 5789 to find out more.