Comparative Analysis of World War II and the Cold War Essay

Comparative Analysis of World War II and the Cold War - Essay Example The war was divided between the Germany and its allies known as the Axis and the United Kingdom and its allies known as the Allies.2 The Cold War began at the close of World War II and endured until the early 1990s.3 Although two entirely different types of conflicts both the Cold War and World War II posed a threat to Western democracy. In both conflicts there was a fair balance in terms of wealth and military capabilities. It involved an aligning of enemies and allies. However, unlike the Second World War, the opposing sides did not meet on the battle field and a winner was never declared.4 Moreover, the Second World War involved only one front. That front was a military front. However, the Cold War involved several fronts, they were: Both conflicts invariably involved the advancement and suppression of political ideologies. Nazi Germany and its allies opposed Westernization and wished to promote Hitler’s political culture while the West had no desire to give in to the demise of Westernization. The Cold War involved an identical clash of opposing political visions between the United States and her allies and the Soviet Union and its allies. The following discussion examines in greater details the similarities and differences that fueled both the Cold War and the Second World War. In June of 1941 World War II continued to spread when Nazi Germany invaded the Soviet Union. Pre-existing relations between the Soviet Union and the Unite States as well as Great Britain was characterized by hostility and mistrust. Despite these differences the United States came to the Soviet’s aide via its Lend-Lease Act of March, 1941. During this time the Soviet Union was led by Joseph Stalin while the United States was led by President Franklin Roosevelt.6 Through the auspices of the Lend-Lease Act of 1941, the US and Soviet corporation was most visible. This hand of friendship

Microeconomics- price discrimination Essay Example | Topics and Well Written Essays - 750 words

Microeconomics- price discrimination - Essay Example According to microeconomics, companies usually charge higher prices to those consumers who have a higher consumer surplus or those who are willing to pay higher. Higher consumer surplus lubricate the process of increase in price and consumer with higher surplus do not resist to price hike. Similarly, by doing this Eskom would have increased its revenue as those consumers who are more likely to pay higher prices are being charged more. The reason why this surplus is higher for residential consumers than industrial consumers could be illustrated from our own experience. As residential consumers we have less cash assets than industrial consumer who are bestowed with large cash balance. Hence, we find it more attractive to pay the increased price rather than changing the electricity supplier and paying connection charges as it would undertake both connection costs and time. Whereas, on the other hand industrial consumer would resist to price change bestowed with large money balance and i n bid to remain competitive. (McConnell and Brue, 2001) Although, the policy of price discrimination might reduce the demand of electricity but in doing so the firm will make sure that consumer who are paying more is provided more electricity to earn higher revenue. For example, if a same product is sold to different consumers at different prices, then the company would make sure that consumers who are paying more are provided with commodity in order to maximize the company’s revenue. In our case residential consumers are those who are paying more and hence will be provided more power supply. (Economist, 2008) Therefore, any price increase to industrial consumer would mean a customer is lost due to low consumer surplus for these users. This is a reason why Eskom charges higher prices to residential consumers than industrial consumer. Similarly, logic provides us with answer why Eskom does not charge both