His point of view about political philosophy had greatly influenced the political system. For example, he was a diplomatic representative during the disagreement between Florence and Pisa about the conflict of military. He comes into contact with some of the powerful rulers, which allow him to observe their ways for gaining and maintaining political authority. Later on, he wrote a book called “The Prince,” discussed his philosophy about how immoral politician uses merciless, self serving cunning attitude to gain absolute power. In the book, Machiavelli described how to use different methods like in an immoral, evil or cruel ways to preserve political power. On the other hand, as he explained that good rulers have to learn not to be good, they have to set aside qualities of honesty and kindness in order to remain the stability of political power. In words, a prince possesses negative quality is more likely to win over regime. Machiavelli’s philosophy inspired me on how to be a good leader. As a business major, leadership is a necessary skill to have. Leadership in the business field can cause company and other businesses to become successful. Leader is important in an organization to control and supervise workers. His philosophy strongly changed the way I think about being a successful …show more content…
Great Depression was a serious worldwide economic depression that took place during the 1930s. The fall of stock prices with the stock market crash causes world economy declined. 13 million to 15 million American were unemployed and most of the banks failed to operate. On August 18, 2015, a financial crisis named “2015 Stock Market Selloff,” happened and people believed that this crisis was on the cusp of a Great Global Depression. The stock market almost crashed due to the economy decline in China. This financial crisis was very similar, except it was not as severe as the Great Depression incident. Out of all the historical events we learned in Humanities, I chose this topic because I like to know how the stock market and business finance function. That is also one of the reasons why I major in finance. Besides the recent financial crisis, there was also another crisis in the year of 2007 called the Great Recession. The Great Recession was a period of economic decline in world markets beginning around the end of the 21st century. This recession is considered to be the worst economic downturn since the Great Depression. In conclusion, the effect of Great Depression in 1930s greatly influences the economy of the following